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The Ding King Is Going Back on TV With New Infomercial -- "Turning Dents Into Dollars"
Contact:
Todd Sudeck
CEO
mLight Tech, Inc.
COSTA MESA, CA--(Marketwired - September 4, 2013) - mLight Tech, Inc., a fully reporting Florida based corporation (OTCQB: MLGT), announced today that The Ding King Training Institute, Inc. has reached an agreement with Take2Direct of Corona Del Mar, CA to produce a 30-minute long form business opportunity infomercial called, "Turning Dents Into Dollars."
Adam MacDonald, CEO and founder of Take2Direct has a long and established track record in producing commercials that generate results. His expertise of over 15 years in the DRTV business, coupled with the unique business opportunity Ding King offers is "very exciting," says MacDonald. "It is my team's goal to help Ding King reach its goal of becoming America's Premier Automotive Business Opportunity."
mLight Tech CEO Todd Sudeck explained, "Ding King had tremendous success on television with its Do-It-Yourself Dent Repair Kit featuring Billy Mays (watch commercial) and is anticipating an even greater success with our newest business opportunity infomercial. Our mission at The Ding King Training Institute is to provide an exciting and financially rewarding opportunity for people who want to own their own business."
Ding King is well established as a leading Paintless Dent Repair Training Institute for individuals seeking high paying jobs or entrepreneurial opportunities in the automotive industry. Our Ding King Paintless Dent Repair Training School has been teaching PDR and offering Paintless Dent Repair Training to body shops, used car dealers and entrepreneurs for the past 20 years. Through our agreement with Take2Direct and imminent merger with mLight Tech (OTCQB: MLGT), we believe we are positioned to expand our training programs into new and larger markets."
ABOUT DING KING
The Ding King Training Institute is a Bureau for Private Postsecondary Education (BPPE) approved institution, and has been certified to meet the minimum standards established by the Bureau for integrity, financial stability, and educational quality, including the offering of bona fide instruction by qualified faculty and the appropriate assessment of students' achievement prior to, during, and at the end of its training programs.
The Ding King Training Institute teaches Paintless Dent Repair and its PDR Tools are distributed on over 3,000 Snap-On Tool Trucks nationwide and its do-it-yourself dent repair kit called Ding King was marketed on television and sold at major retailers across the United States.
mLight Tech, Inc. (OTCQB: MLGT) trades on OTCQB, the venture state marketplace for companies that are current in their reporting with a U.S. regulator (SEC, bank, insurance).
Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of mLight Tech, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
$6 by the end of tomorrow...IMO.....on track to its past glory..
National Bank of Greece posts H1 profit
National Bank of Greece (NBG +3.7%) posts a H1 profit of €344M vs. a loss of €1.9B a year ago. After adjustments, H1 profit was €312M and Q2 operating income covered provisions for the first time in more than 2 years.
Operating costs in Greece fell 6%, with a 12% reduction in staff expenses. Operating expenses are now 23% lower than in 2010.
Provisions of €853M fell from €1.2B a year ago. Provisions foot to 56% of loan impairments, the highest among Greek lenders.
Liquidity improves with group deposits up 10%, including an 11% rise in Greece. Eurosystem funding reduced by €5.4B since the start of the year.
Capital ratio of 9.2%.
Read comments
NBG price at time of publication: $3.95. Check NBG price now »
I am expecting some news on their contracts announced beginning of the year....look at the volumes - 3.2M already with no news for the past 2 weeks...
Did someone already knew the COAL contract numbers?????? 1.3M vol in the first 25 minutes $$$$$$$$$$$
You may be right....
Just got out - took 66% loss.....will be back when there's some good news...will try to make up my loss meanwhile...good luck guys....
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
7/31/2013 351,719 1,967,349 1.000000
7/15/2013 428,027 1,581,000 1.000000
6/28/2013 489,891 3,503,511 1.000000
6/14/2013 304,568 926,471 1.000000
5/31/2013 289,831 1,973,153 1.000000
5/15/2013 223,935 711,258 1.000000
4/30/2013 184,737 490,690 1.000000
4/15/2013 192,852 267,289 1.000000
3/28/2013 212,156 494,043 1.000000
3/15/2013 155,325 441,187 1.000000
2/28/2013 291,831 474,574 1.000000
2/15/2013 254,986 337,622 1.000000
1/31/2013 170,129 1,465,547 1.000000
1/15/2013 380,838 1,470,729 1.000000
12/31/2012 26,216 4,325 6.061503
12/14/2012 23,520 6,499 3.619018
11/30/2012 25,860 4,483 5.768459
11/15/2012 22,785 4,305 5.292683
10/31/2012 23,411 5,769 4.058069
10/15/2012 22,905 10,300 2.223786
9/28/2012 34,969 15,391 2.272042
9/14/2012 24,632 10,400 2.368462
8/31/2012 35,701 7,796 4.579400
8/15/2012 42,806 11,528 3.713220
Read more: http://www.nasdaq.com/symbol/newl/short-interest#ixzz2cYEwtbYJ
http://www.nasdaq.com/symbol/newl/short-interest
E-mailed NEWL today to check if they can share their plan submitted to NASDAQ...
From the NASDAQ listing requirements, NEWL should be above $2 -
Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.
The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the regular bid price at time of listing must be $4, and there must be at least three market makers for the stock. However, a company may qualify under a closing price alternative of $3 or $2 if the company meets varying reequirements. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.
It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.
0.25 and 0.5 are within reach...I guess, we will be seeing NEWS on their coal excavation contracts soon. Also, look at the chart it's 0.3 in June and $2.00 in Jan....If possible it will be nice to have a look at the report NEWL submitted to NASDAQ - it will tell the future...IMO...
IMO, it's a good buying opportunity now...$$$$$$$$$$$$$$
May be.... but I may not correlate as the situations are different, back then the management might be just concentrating on proving to be NASDAQ Compliant and now they might be concentrating on new contracts and moving NEWL to dollar land...
Volume started ticking up fast.....eagerly waiting to hear what's going on $$$$$$$$$$$$$$$$
I just googled and didn't see any....but the sudden movement makes me think that there is something big....
Looks like there's some NEWS.....
Need some news to fly. As they have worked out to remain on NASDAQ, I believe news is in making.... I am expecting some on their previous contracts this week or the next.
new hands are dragging it down to load up the cheapies they missed on Friday....nothing to worry IMO...I am expecting some news this week on their previous contracts....this will NEWL fly to North
hahahahaha...shorts u better change ur side.....
NEWL - getting late...load up....
NEWL - load up and enjoy the ride....don't just watch it from the side lines....huge news coming in this week ....just my opinion....
Weeeeeeeeeeeeeee 0.18..crossed.....0.20 is the next breath taking stop...and then 0.50....$$$$$$$$$$$$$$$$$$$$$$$$$$$
NEWL: +~20% with over 1M vol....$$$$$$$$$$$....load up and hold tight....
NEWL cheapies are going fast....load up frns.....
Go NEWL.....$$$$$$$$$$$$$$$$$$$
NEWL is the Next 10 Bagger....50% up on Friday and 10% so far today....load up the cheapies and get ready for weeeeeeeeeeeeeeeeeeeeee $$$$$$$$$$$$$$$$$$$$$$$$$
NEWL - 1M volume in 30 min.....+50% on Friday...10% so far today....IMO...it's back on the track to dollar land...
NEWL - +50% on Friday and ~+10% so far today....load up the cheapies...
NEWL started to explode...get in to enjoy the ride..
NEWL - on NASDAQ WATCH LIST..
$0.25 - just guessing based on the volume on Friday....
NEWL on the NASDAQ active Stock list....
NEWL - not on the radar as of FRIDAY IMO.....load up the cheapies while they last...
NEWL - LOAD up the cheapies - first thing on MONDAY
NEWL - +53% on FRIDAY with 12M volume....IMO MONDAY is going to be crazy with lot of new eyes...
NEWL - load up the cheapies....MONDAY is going to be big IMO...$$$$$$$$$$$$$$
NEWL - will be soon in the DOLLAR land IMO.$$$$$$$$$$$$$
NEWL - get ready for big MONDAY....
I expect some pull back on Friday or at $0.50 (which ever is earlier).....my opinion based on it's behavior in the past...
I am expecting some news on Coal Excavation rights in Kentucky...
Right on the %gain....check out after hr trades...14% increase...