is...On The Hunt $$$
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Be nice to be above a dime again, just may happen.
CMBV has the keys to the Kingdom, so to speak.
Cambodian Ventures Limited Signs Letter of Intent to Acquire Interest in a Biomedical Company Specializing in Human Avian Influenza Solutions
10/25/2005 4:29:47 PM
LOWELL, MA AND PHNOM PENH, CAMBODIA AND MONTREAL, QU, Oct 25, 2005 (MARKET WIRE via COMTEX) -- Cambodian Ventures Limited ( CMBV ), announced today that it has signed a letter of intent to acquire up to 25% of Montreal based Canadian Bio Med Systems Inc.
Canadian Bio Med Systems (CBMS) is a company recently formed to provide solutions to the general public in dealing with the containment of the deadly avian influenza A virus (H5N1), also known as "Bird Flu," among humans. Among the founders of CBMS, is Dr. George Tsoukas , M.D., Endocrinologist, Associate Professor, McGill University Health Centre, Montreal, Quebec. Dr. Tsoukas has extensive experience in medical education and has produced and directed a popular television program explaining medical conditions to the public. Dr. Tsoukas was chief examiner for the Quebec College of Endocrinologists He obtained his medical degree at McGill University and received further training in internal medicine, cardiology, and endocrinology. He is a fellow in the Royal College of Physicians and Surgeons of Canada.
CBMS will focus on providing education, preventive and protective products, as well as anti-influenza medications.
As of October 24, 2005, 121 human cases of avian influenza A (H5N1) have been reported since January 2004: 91 in Vietnam, 19 in Thailand, 4 in Cambodia, and 7 in Indonesia, resulting in 62 deaths. For more information about H5N1 infections in humans and the cumulative number of cases, visit the WHO website ( http://www.who.int/csr/disease/avian_influenza/en/). Outbreaks of H5N1 among poultry have also been confirmed in Cambodia, China, Thailand, Vietnam, Russia, and Kazakhstan during 2005 and in Malaysia and Laos during 2004.
Since the majority of the human outbreaks have been in the Southeast Asia region, Cambodian Ventures can provide immediate access to CBMS's products for consumers and corporate clients in the region.
Gary Fineberg, CEO of Cambodian Ventures stated, "We feel that the agreement with CBMS will broaden the company's focus in the region and provide valuable products that can potentially help prevent and control the spread of the deadly virus in the human population."
The company anticipates a definitive agreement will be executed within the next 3-4 weeks.
Canadian Bio Med Systems web site www.canadianbiomed.com is in the process of being re-constructed and will be active by November 1.
The company will release further details on Canadian Bio Med Systems in the coming weeks.
Safe Harbor Statement: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
CONTACT:
Cambodian Ventures Investor Relations
1-416-356-4737
www.cambodianventures.com
SOURCE: Cambodian Ventures Limited
http://www.cambodianventures.com
Nice uptick in volume in the last hour. Could begin to get very interesting this week forward.
I'm out.
Usual pattern.When MICA backs off for a few minutes, you have a chance to get out. Then MICA swoops back in. Been happening for months. See how MICA moved ask to .057, brought interest, then bam! Back on ask @ .05 - Watch out for .03's next week.
I didn't say .042 was a buy, I said it will SEE .042 - Now MICA bids .032 - how long before it sees that? I said it may be a buy when MICA is gone for at least 3 days in a row, may be, but I wouldn't touch this anytime soon. Bid right now is .04 - Watch out if MICA decides to crumble the bid. Sorry you couldn't see the writing on the wall. I tried.
MICA still here? No Thanks!
TLDN - Interesting.
Looks good to me. I like these low floaters a Lot! Took a look thru the filings - like what I see. If management decides to pay attention to the stock and provide some updates this thing could really fly high and never look back! This is definitely another one of those stocks that you just have to put some shares aside and see where this goes.
My take on it is that when I see MICA gone for at least 3 days in a row, it is perhaps worth a look for an entry point. Every once in a while MICA will back off a bit for a day or two letting the PPS rise but then swoops back in on the ask and it goes even lower than before. It has been going on this way for many months now. I would also have to get an update on how many shares are in the float and O/S. When this ran to $1.35 a few years back it was becuase of the talk of $30 million coming to the company from the government in appropriations or contracts. It never happened. I am not trying to bash this stock, it's just that when I saw a poster talking about reading charts and expecting a run I had to post my opinon of what to really expect because of the MICA influence.
Espionage Case Breaches the White House
Accused Marine Worked in Vice President's Office
By BRIAN ROSS and RICHARD ESPOSITO
Oct. 5, 2005 — - Both the FBI and CIA are calling it the first case of espionage in the White House in modern history.
Officials tell ABC News the alleged spy worked undetected at the White House for almost three years. Leandro Aragoncillo, 46, was a U.S. Marine most recently assigned to the staff of Vice President Dick Cheney.
"I don't know of a case where the vetting broke down before and resulted in a spy being in the White House," said Richard Clarke, a former White House advisor who is now an ABC News consultant.
Federal investigators say Aragoncillo, a naturalized citizen from the Philippines, used his top secret clearance to steal classified intelligence documents from White House computers.
In 2000, Aragoncillo worked on the staff of then-Vice President Al Gore. When interviewed by Philippine television, he remarked how valued Philippine employees were at the White House.
"I think what they like most is our integrity and loyalty," Aragoncillo said.
Classified Material Transferred by E-Mail
Officials say the classified material, which Aragoncillo stole from the vice president's office, included damaging dossiers on the president of the Philippines. He then passed those on to opposition politicians planning a coup in the Pacific nation.
"Even though it's not for the Russians or some other government, the fact that it occurred at the White House is a matter of great concern," said John Martin, who was the government's lead espionage prosecutor for 26 years.
Last year, after leaving the Marines, Aragoncillo was caught by the FBI while he worked for the Bureau at an intelligence center at Fort Monmouth, N.J.
According to a criminal complaint, Aragoncillo was arrested last month and accused of downloading more than 100 classified documents from FBI computers.
"The information was transferred mostly by e-mails," said U.S. Attorney Christopher J. Christie at the time of Aragoncillo's arrest.
Since that arrest, officials say Aragoncillo has started to cooperate. He has admitted to spying while working on the staff of Vice President Cheney's office.
Aragoncillo began working at the White House in 1999. Officials are now trying to learn how he landed the job, when he started spying, and how he escaped detection for so long.
"Of course, it is a source of embarrassment when you find out that this kind of activity has been carried out literally right under your nose," said Martin, the former espionage prosecutor.
According to friends, in addition to his work for Cheney and Gore, Aragoncillo claimed he also worked with President Clinton and Condoleezza Rice when she was the national security advisor.
ABC News' Vic Walter and Avni Patel contributed to this report.
CNN is airing a report about the miltary base security breach on Lou Dobbs show at 6 PM Eastern time.
MICA all over this still. Only 3 mm's between here and .042
It's not going to change all long as MICA is here. And MICA has been here for months.
Sad but true.
Gen. Jones tells Europe bases to assess safety practices
By Charlie Coon, Stars and Stripes
European edition, Wednesday, September 28, 2005
STUTTGART, Germany — Security experts at U.S. bases in Europe have been ordered to review their safety practices and make recommendations for improvements.
The order, by Marine Gen. James L. Jones, commander of the U.S. European Command, comes one month after three protesters cut through a fence in broad daylight at Patch Barracks in Stuttgart and walked around the base unchallenged.
Jones said in a press release that the security review was owed to the people who live and work on the bases, especially family members of troops deployed in war zones.
“Force protection is my No. 1 priority,” Jones said in the release. “Although current security procedures in place in and around EUCOM installations are good, force protection can never be treated as ‘business as usual’ ... there is always room for improvement.”
The release did not indicate if the action was taken in response to the Aug. 9 incident. That day, three anti-war protesters, including a 70-year-old woman, turned themselves in to police after they cut a large hole in the fence at Patch Barracks, where EUCOM headquarters is located, walked onto the base and hung a banner.
They then walked from one end of the base to the other and out the main security gate, where they turned themselves in. At the time, a spokeswoman for Installation Management Agency-Europe, which oversees Army bases in Europe, said she did not suspect the security breach in Stuttgart would cause other bases to immediately review their security set-ups.
Bases were given 60 days to make assessments and recommendations. Corrective actions were to be taken immediately, according to the release.
Installations and commands have money in their budgets to address force protection, according to EUCOM spokeswoman Army Maj. Holly Silkman.
“Any identified requirements that exceed current budgets will be addressed appropriately at that time,” Silkman said. “Critical improvements will be made immediately.”
Air Force Col. Keith Anderson, the anti-terrorism division chief at EUCOM’s European Plans and Operations Center, said people who live and work on the bases could help make them safer.
“In many cases, the best vigilance against terrorist activity comes from alert community members who see it and report it,” Anderson said in an e-mailed message. “We don’t want people taking it into their own hands. They need to alert the authorities immediately.”
Art Richard, the provost marshal for the 6th Area Support Group which operates Stuttgart’s installations, said neighbors could help spot terrorists or other troublemakers in their own neighborhoods.
“They know what’s supposed to be out there,” Richard said. “They know what’s normal and what’s not normal.”
Strategy X, Inc. Responds to a 'Stars and Stripes' Article Regarding a Breach of Security at a US Military Base in Europe
10/5/2005 11:30:01 AM
HARRISON, Maine, Oct 05, 2005 (BUSINESS WIRE) -- Strategy X, Inc., (PINK SHEETS:SRGX) responds to an article from the Stars and Stripes newspaper, which serves the US military in overseas locations. The response is to an article published on September 28, 2005, concerning a breach in base security at Patch Barracks, Stuttgart, Germany. The article covered an incident where 3 anti-war protesters breached the base perimeter and walked the base unchallenged. Please reference the following link http://www.stripes.com/article.asp?section=104&article=31059&archive =true (see Note A) to review the article.
Clifford Lewis, President and CEO made the following comments concerning the incident, "This is one of the areas that Strategy X can help military bases combat terrorism. We have years of experience in security system design and knowledge of the technology needed to mitigate this type of incident. The processes we use in system development are sound, the DoD, DoE, and the Secret Service among others have used them extensively. Our people at SRGX have worked with and refined this process to make it very effective and efficient. You have to provide your security personnel with the technology and procedures to effectively meet the threat. We can make that happen."
Joseph J. Doyle CTO and Director of the Modeling, Simulation, and Analysis Division stated the following, "We use a performance-based process in both the assessment and the design of physical security systems. We call the process the Effects-Based Security Assessment. The process utilizes modeling and simulation to analyze the effectiveness of a security system, and then test designs to ensure they will meet security objectives of a given site. We believe in this process. We know it works. We take a real-world situation and place it in a synthetic environment. It is a replica of the real thing. Once we have the replica built, we can do anything within that environment. We then use a designed base threat and analyze the outcome. When necessary, we can then add procedures or technology to the replica until we come up with a design that will meet the requirements of the site. This eliminates the need for best educated guess, and takes away the question of whether or not the security system will perform. There is no better way of designing a physical security system."
Mr. Lewis concludes with the following, "Although this was anti-war protestors making a statement, it could have been different. Now, vulnerabilities have been exposed to the public. The leadership at EUCOM is right. The public plays a huge role in detecting unauthorized people on an installation, but once they enter the installation undetected you can't differentiate between who is and who is not supposed to be on the base. The most critical step in avoiding a malevolent act is early detection."
About Strategy X Inc,
Strategy X Inc. provides over 40 years of experience applying Modeling and Simulation, Performance Criteria and System Reliability coupled with over 100 years of Security Management and On-Site Field experience in Installations, Integration Management and Security System Maintenance. The Strategy X Inc. team consists of the original instructors and top team leaders and members from the effects based security assessment teams and installation, integration management and security system maintenance specialists used by the United States Air Force. Strategy X Inc. professionals, specialists and experts have conducted performance based security assessments, installations, integration management and maintenance on all of the Air Force's highest priority resources and security systems including the nation's highest priority weapons systems. Please visit www.srgx.com for more information.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about STRATEGY X INC please refer to its website at www.srgx.com Note A: (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
SOURCE: Strategy X, Inc.
Strategy X, Inc.
Clifford A. Lewis, 207-583-6700
info@srgx.com
Thats what this poster tought on August 1st (RB board). You can throw the chart out the window. MICA is the key and they have been here a long time. Good luck to you.
By: furax2000
01 Aug 2005, 06:13 PM EDT
Msg. 51043 of 51939
(This msg. is a reply to 50926 by furax2000.)
Jump to msg. #
LOOK GOOD: back to $.15
reversal
http://stockcharts.com/def/servlet/SC.web?c=ADZR,uu[h,a]daclyyay[db][pb14!c45!f][vc60][iLb14!Lp14,3,...
news good
volume good
RSI good
%K good
my TA good
are you ready
reversal of tendency!!!
(Voluntary Disclosure: ST Rating- Strong Buy; LT Rating- Strong Buy)
- - - - -
View Replies »
By: darrenonabc
02 Aug 2005, 10:41 AM EDT
Msg. 51047 of 51939
(This msg. is a reply to 51043 by furax2000.)
Jump to msg. #
Not as long as MICA continues to dump.
Sorry, but MICA is still here.
Just watch MICA is all I can tell you. They dropped ask to .054 because they are selling at the ask, not the bid. If past experience is worth anything, MICA appears ready to take their ask down to .042 this week. Hope I'm wrong because what they've been doing to the stock price really sucks - but don't be surprised if .042 is what you see by Friday. Again - until I see MICA off the ask for at least 3 days in a row I would hesitate hitting their ask. Let's hope I'm wrong Doug.
MICA does the selling but they do it at the ask. With TDCM putting the 10 large ask @ .057 ahead of MICA with 5 large @ .057 plus ETRD joining the ask as well, MICA will likely move their ask down. You can make money here when MICA backs off on the ask to stir interest which give one a chance to ring the register before they swoop back in on the ask. It's gone on this way for many months. I've been following ADZR for years and was in for the move from .02 to $1.35 - Mica has brought this down since around .20 and I don't know how low they are willing to keep selling at (at the ask) but I'm just telling you what I know. I hope it does go up and people can make some money here - but be aware of what has been happening here re:MICA.
Good luck, I hope you do well.
With MICA still diluting like thay have been for months & months? Not likely.
When you see MICA no longer spewing shares at the ask for a minimum of 3 days is when this has a hope of starting an uptrend.
MICA has been throwing off shares for months. Those who have been watching this know it.
MICA is the market maker to watch. Charts are useless until MICA is long gone.
Just a word to the wise.
STRATEGY X, Inc. Makes $750,000 Law Enforcement Enhancement Contract Presentation to the Town of Bridgeton
10/3/2005 11:07:01 AM
HARRISON, Maine, Oct 03, 2005 (BUSINESS WIRE) -- STRATEGY X, Inc., (PINK SHEETS:SRGX), America's homeland security specialists, is pleased to announce they provided a presentation to the town of Bridgeton, Maine on a proposed $750,000 law enforcement contract. The contract calls for Strategy X, Inc. and other companies to install surveillance equipment as well as automated entry equipment within key locations of Bridgeton's municipal complex as well as the courtroom. All members of the town's selectmen as well as the town manager were present.
Clifford A. Lewis, Strategy X, Inc. President and CEO comments on the presentation, "These types of presentations are very important to our growth plan, it went very well and I'm very pleased with the results of it. I'm also very excited over the potential for a long lasting relationship with the town of Bridgeton and their people."
Strategy X Inc. provides over 40 years of experience applying Modeling and Simulation, Performance Criteria and System Reliability coupled with over 100 years of Security Management and On-Site Field experience in Installations, Integration Management and Security System Maintenance. The Strategy X Inc. team consists of the original instructors and top team leaders and members from the effects based security assessment teams and installation, integration management and security system maintenance specialists used by the United States Air Force. Strategy X Inc. professionals, specialists and experts have conducted performance based security assessments, installations, integration management and maintenance on all of the Air Force's highest priority resources and security systems including the nation's highest priority weapons systems. Please visit www.srgx.com for more information.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about STRATEGY X INC please refer to its website at www.srgx.com
SOURCE: Strategy X, Inc.
Strategy X, Inc.
Clifford A. Lewis, President & CEO, 207-583-6700
info@srgx.com
Strategy X, Inc. Confirms Its Contract Positions and Operational Structure
9/30/2005 2:29:01 PM
HARRISON, Maine, Sep 30, 2005 (BUSINESS WIRE) -- STRATEGY X, Inc., (Pink Sheets:SRGX), America's Homeland Security Specialists is pleased to announce its fast track growth plan is ahead of schedule as it confirms its contract positions and operational structure. Currently, the Company has signed for over $8 million in Homeland Security work. Strategy X has deployed teams on several sites with some of these assignments being highly classified and not cleared for public disclosure.
As well, the Company has announced over $350,000,000 in ongoing negotiations with several Primary Department of Defense and Civilian Homeland Security Prime contract holders and Private industry for Homeland Security work. As well, the Company is negotiating directly with the Federal Government Department of Defense (DoD) and the Department of Energy (DoE) as a Prime contractor. All of these negotiations range in size from $5-10 million to over $100 million each, with some of the Prime contract holders being listed among the highest Fortune 1000 defense organizations.
There are three types of contracts Strategy X currently targets:
1. Federal Government, which generally includes all Department of Defense (DoD) facilities Army Bases, Navy Bases and Airforce Bases. As well as the Department of Energy (DoE) such as the current National Labs negotiations. These types of contracts are won by Prime Contractors and once the contract is awarded the Prime may sub-contract the work to Government authorized sub-contractors.
2. Civil Government, which generally includes public facilities such as, Hospitals, Airports, Train Stations, Ports, Bridges, Parks and other such public use facilities. Each State has its own Homeland Security budget for the protection of these facilities and Strategy X has the ability to negotiate with each State individually.
3. Private Industry, which generally includes Office Towers, Residential Properties, Coliseums, Malls, Banks, Warehouses, Factories, Refineries, Manufacturing Plants and other such private or publicly owned facilities. Strategy X has the ability to negotiate and plan Homeland Security protocols for all of these facilities using the highest security systems available.
Strategy X can deploy security analysis and integration teams ranging in size from a 5-10 person deploy to an over 50-person team being deployed, per site. These deployments can call for Strategy X, Inc. to provide a wide range of services for each of the perspective contracts, such as; Modeling, Simulation, and Analysis, Engineering, Design, and On-site Management, as well as Technical and Logistical support. This business model will be the basic structure of the Strategy X Form 10-SB filing.
About Strategy X Inc.
Strategy X, Inc. provides over 40 years of experience applying Modeling and Simulation, Performance Criteria and System Reliability coupled with over 100 years of Security Management and On-Site Field experience in Installations, Integration Management and Security System Maintenance. The Strategy X, Inc. team consists of the original instructors and top team leaders and members from the effects based security assessment teams and installation, integration management and security system maintenance specialists used by the United States Air Force. Strategy X, Inc. professionals, specialists and experts have conducted performance based security assessments, installations, integration management and maintenance on all of the Air Force's highest priority resources and security systems including the nation's highest priority weapons systems. Please visit www.srgx.com for more information.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about STRATEGY X INC please refer to its website at www.srgx.com.
SOURCE: Strategy X, Inc.
Strategy X, Inc.
Clifford A. Lewis, 207-583-6700
info@srgx.com
This could be big!
NEWS:Strategy X, Inc. Confirms Its Contract Positions and Operational Structure
9/30/2005 2:29:01 PM
HARRISON, Maine, Sep 30, 2005 (BUSINESS WIRE) -- STRATEGY X, Inc., (Pink Sheets:SRGX), America's Homeland Security Specialists is pleased to announce its fast track growth plan is ahead of schedule as it confirms its contract positions and operational structure. Currently, the Company has signed for over $8 million in Homeland Security work. Strategy X has deployed teams on several sites with some of these assignments being highly classified and not cleared for public disclosure.
As well, the Company has announced over $350,000,000 in ongoing negotiations with several Primary Department of Defense and Civilian Homeland Security Prime contract holders and Private industry for Homeland Security work. As well, the Company is negotiating directly with the Federal Government Department of Defense (DoD) and the Department of Energy (DoE) as a Prime contractor. All of these negotiations range in size from $5-10 million to over $100 million each, with some of the Prime contract holders being listed among the highest Fortune 1000 defense organizations.
There are three types of contracts Strategy X currently targets:
1. Federal Government, which generally includes all Department of Defense (DoD) facilities Army Bases, Navy Bases and Airforce Bases. As well as the Department of Energy (DoE) such as the current National Labs negotiations. These types of contracts are won by Prime Contractors and once the contract is awarded the Prime may sub-contract the work to Government authorized sub-contractors.
2. Civil Government, which generally includes public facilities such as, Hospitals, Airports, Train Stations, Ports, Bridges, Parks and other such public use facilities. Each State has its own Homeland Security budget for the protection of these facilities and Strategy X has the ability to negotiate with each State individually.
3. Private Industry, which generally includes Office Towers, Residential Properties, Coliseums, Malls, Banks, Warehouses, Factories, Refineries, Manufacturing Plants and other such private or publicly owned facilities. Strategy X has the ability to negotiate and plan Homeland Security protocols for all of these facilities using the highest security systems available.
Strategy X can deploy security analysis and integration teams ranging in size from a 5-10 person deploy to an over 50-person team being deployed, per site. These deployments can call for Strategy X, Inc. to provide a wide range of services for each of the perspective contracts, such as; Modeling, Simulation, and Analysis, Engineering, Design, and On-site Management, as well as Technical and Logistical support. This business model will be the basic structure of the Strategy X Form 10-SB filing.
About Strategy X Inc.
Strategy X, Inc. provides over 40 years of experience applying Modeling and Simulation, Performance Criteria and System Reliability coupled with over 100 years of Security Management and On-Site Field experience in Installations, Integration Management and Security System Maintenance. The Strategy X, Inc. team consists of the original instructors and top team leaders and members from the effects based security assessment teams and installation, integration management and security system maintenance specialists used by the United States Air Force. Strategy X, Inc. professionals, specialists and experts have conducted performance based security assessments, installations, integration management and maintenance on all of the Air Force's highest priority resources and security systems including the nation's highest priority weapons systems. Please visit www.srgx.com for more information.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about STRATEGY X INC please refer to its website at www.srgx.com.
SOURCE: Strategy X, Inc.
Strategy X, Inc.
Clifford A. Lewis, 207-583-6700
info@srgx.com
NEWS: Strategy X, Inc. Prepares For OTCBB Listing as It Retains O'Neal Law Firm to Prepare Its Form 10-SB Filing With SEC For Fully Reporting Status
9/29/2005 8:10:01 AM
HARRISON, Maine, Sep 29, 2005 (BUSINESS WIRE) -- STRATEGY X, Inc., (Pink Sheets: SRGX), America's Homeland Security Specialists is pleased to announce today announced the retaining of the O'Neal Law Firm to file the Company's Form 10-SB Registration, making the Company fully reporting with the Securities Exchange Commission (SEC). The O'Neal Law Firm concentrates in the areas of the representing public companies and specializes in regulatory compliance with agencies, such as the SEC. Strategy X, Inc is currently trading on the Pink Sheets, under the symbol SRGX. Upon the effective date of the Form 10-SB filing, the Company will attain Section 12 (g) reporting status with the SEC, under the Exchange Act of 1934, which will allow for broader market participation in the Company's shares by institutional investors. As a reporting company, Strategy X, Inc. will be required to file annual reports on Form 10-KSB, quarterly Bill O'Neal, Esq. of reports on Form 10-QSB, and reports or unusual events on Form 8K. In addition, the Company will be required to solicit proxies for its annual meetings in accordance to Section 14 of the Securities Exchange Act of 1934 and other reporting requirements will apply to management shareholdings.
"Based on the sizable Homeland Security contracts being made available to us we are way ahead of our 2005 strategic business plan. We anticipate filing the initial application with in the next 30-45 days and being approved for fully reporting status shortly thereafter. Once we have attained fully reporting status, we expect to begin listing application with the NASDAQ to be listed on the NASDAQ Small Cap Market," stated Strategy X, Inc. President and CEO, Clifford Lewis.
Further, stated Mr. Lewis, "With our revenues growing at such a rapid pace this registration will allow for a much broader shareholder base and deeper institutional investments. A lower cost of capital to sustain our larger contracts and operational advancements is pivotal in our rapid expansion plans. We have already secured a couple of different financial opportunities to accommodate this growth. We expect the fully reporting status to open many more options. With Bill O'Neal, Esq. as our SEC Attorney we look forward to a successful transition to fully reporting status."
About Strategy X Inc.
Strategy X, Inc. provides over 40 years of experience applying Modeling and Simulation, Performance Criteria and System Reliability coupled with over 100 years of Security Management and On-Site Field experience in Installations, Integration Management and Security System Maintenance. The Strategy X, Inc. team consists of the original instructors and top team leaders and members from the effects based security assessment teams and installation, integration management and security system maintenance specialists used by the United States Air Force. Strategy X, Inc. professionals, specialists and experts have conducted performance based security assessments, installations, integration management and maintenance on all of the Air Force's highest priority resources and security systems including the nation's highest priority weapons systems. Please visit www.srgx.com for more information.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about STRATEGY X INC please refer to its website at www.srgx.com
SOURCE: Strategy X, Inc.
Strategy X, Inc.
President & CEO
Clifford A. Lewis, 207-583-6700
info@srgx.com
OT: Mick. Remember AZTN back in April? was aoround $1.20 when I mentioned to you. Has since seen $4
Now take a good hard look at SRGX. Only around .20 today. Do some DD. It will blow your mind. Should do a lot better than AZTN's $4!
Price targets
AZTN - another pink - is projecting 100 mm rev - 44mm EBITA in 3 years. I bought @ .99 & tho it is thinly traded, it is now around $4. They have over 100 milliom O/S. They have not filed anything with the SEC but are aiming for OTC , then AMEX.
SRGX looks to be good for at least .38 with contracts already announced but this could see around $8++ very easily with more contracts as per guidance. 63 million O/S. This is also aiming for AMEX.
Goes to show that even on pinks, rising into dollars does happen.
We have a real gem here.
I must correct you eastunder. There was not a gap this morning because it opened below yesterdays HOD of .54
A gap is when it opens higher than the highest price the previous day, regardless of where it closed.
09/20/2005 0.520 0.850 0.520 0.770 11,224,842 0.31295*
09/19/2005 0.540 0.540 0.430 0.485 2,091,731 0.2816
Just a question.
Just wondered if others think the mm's will fill the gap. They seem to do it all the time with otc & pinks, pbls being the latest example. I picked up shares early and will hold them, but I will also watch closely for any gap filling attempt, looking to buy more.
Will they fill the gap btwn .208 & .215?
09/06/2005 0.215 0.420 0.215 0.420 5,188,460 0.1715
09/02/2005 0.185 0.208 0.180 0.208 995,636 0.1585
pbls mm's took it down from .128 to fill gap .04 - .0445
09/12/2005 0.045 0.067 0.0445 0.060 34,560,851 0.012245
09/09/2005 0.027 0.040 0.0255 0.039 26,634,659 0.00944
Does anyone think they will take this down to .21 range to fill that gap before a pr comes out about the 60 mil?
Lear letter filed with SEC HERE:
http://www.sec.gov/Archives/edgar/data/842162/000095012405005022/k97838exv99w1.htm
[Lear Corporation Letterhead]
August 16, 2005
Mr. Frank Macher
President & Chief Executive Officer
Collins & Aikman Corporation
250 Stephenson Highway
Troy, MI 48083
Dear Mr. Macher:
We have indicated to your financial advisors our interest in pursuing discussions regarding a possible transaction with Collins & Aikman Corporation and its affiliates (collectively, “Collins & Aikman”) that would serve the best interests of our respective stakeholders, as well as other constituencies, including our mutual customers.
Based on recent press reports, we understand that Plastech Engineered Products, Inc. (“Plastech”) has recently submitted an acquisition proposal to Collins & Aikman. If Collins & Aikman intends to consider Plastech’s offer or any other transaction proposal, we would welcome the opportunity to participate in that process. As you know, we have recently announced plans to explore strategic alternatives with respect to our interior components/systems business. One potentially attractive alternative, among others, would be for each company to contribute some or all of their respective interiors businesses to a newly-formed joint venture. In this regard, Lear is as well positioned as any other potential bidder to raise third-party equity financing if necessary to complete a transaction. We request that Lear be given access to the information reasonably necessary to develop a specific transaction structure and proposal and, in any event, no less and no later access than has been or will be provided to Plastech or any other prospective bidder.
Lear Corporation is a leading global supplier of automotive interior systems, with net sales of approximately $17 billion in 2004. Under the right conditions, we believe that Lear would be able to complete a mutually beneficial transaction within an acceptable timeframe. Moreover, we have the industry knowledge, management infrastructure and experience to effect a smooth transition for the benefit of Collins & Aikman’s customers and employees.
We understand the constraints under which Collins & Aikman is operating and the interests of Collins & Aikman’s stakeholders in consummating a transaction that maximizes value with minimal execution risk. We are prepared to dedicate the internal and external resources necessary to evaluate a possible transaction, and we have already engaged financial, legal and other advisors.
We look forward to hearing from you regarding Collins & Aikman’s intended process for providing information to, and evaluating transaction proposals from, interested parties. In the meantime, we would be pleased to answer any questions you may have regarding this expression of interest.
Very truly yours,
/s/ David C. Wajsgras
David C. Wajsgras
Executive Vice President &
Chief Financial Officer
cc: Robert E. Rossiter
Stephen F. Cooper
Lear could raise as much as $2.5 billion to buy its rival
DETROIT — In a move that could create a powerhouse in the cutthroat automotive interiors business, Lear Corp. is considering a bid for bankrupt Collins & Aikman Corp.
Last week, sources close to Lear confirmed that the supplier is studying a possible bid for Collins & Aikman. The sources said Lear might buy part or all of Collins & Aikman.
Analysts say the acquisition of Collins & Aikman could give Lear economies of scale. Troy-based Collins & Aikman makes cockpit modules, instrument panels, flooring, and acoustic systems and trim. Lear makes many of the same products.
Weighed down by a tangle of unprofitable contracts, Collins & Aikman filed for bankruptcy protection on May 17.
But its status as one of North America’s largest interiors suppliers makes it too important to fail. Last week, automakers earmarked $200 million to keep Collins & Aikman in business through September.
Lear is not the only company eyeing Collins & Aikman. On Aug. 8, Plastech Engineered Products Inc. of Dearborn announced its intention to buy Collins & Aikman for up to $1 billion.
Plastech continues to pursue Collins & Aikman. “They’re strategic” to Plastech, said a source familiar with Plastech’s strategy. Plastech has “been trying to get into instrument panels and doors for a while. Collins & Aikman does instrument panels and doors, so that would be core” to Plastech.
The source said Plastech was approached by an automaker he declined to identify and encouraged to make a bid for Collins & Aikman, a move seen as evidence of just how important Collins & Aikman is to the automotive industry.
“Some interested people in this process approached Plastech because they don’t see Collins as a longtime viable entity,” the source said. “That’s why they are doing it. Not just for the fun of it. They think having Collins & Aikman is good for them in the long term."
Lear can afford to buy Collins & Aikman. With North American original-equipment parts sales of $9.28 billion in 2004, Lear ranks No. 5 on the Automotive News list of the top 150 suppliers. With sales of $3.90 billion, Collins & Aikman ranks No. 11.
Together, the two companies would become North America’s largest interiors supplier, with combined sales that could total $13.19 billion.
Under certain circumstances, Lear could raise as much as $2.5 billion to buy its rival, according to company documents filed with the Securities and Exchange Commission.
Moreover, much of Lear’s interiors business overlaps that of Collins & Aikman.
In theory, a larger interior trim division would allow Lear to demand lower prices for resin, the raw material for most interior trim.
CKCRQ - UPDATE 1-Lear interested in venture with Collins & Aikman
Tue Aug 16, 2005 10:54 AM ET
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(Adds details from letter)
BOSTON, Aug 16 (Reuters) - Lear Corp. (LEA.N: Quote, Profile, Research) said on Tuesday it was interested in combining its interior components business with a related businesses of bankrupt Collins & Aikman Corp. (CKCRQ.PK: Quote, Profile, Research).
Auto interiors supplier Lear delivered a letter of interest to Frank Macher, chief executive at Collins & Aikman, which called creating a joint venture an attractive alternative, the company said in a statement.
"Lear is as well positioned as any other potential bidder to raise third-party equity financing if necessary to complete a transaction," Lear Chief Financial Officer David Wajsgras wrote in the letter.
The company, which makes seats, door panels and other vehicle components, asked for access to information necessary to make a proposal.
Collins & Aikman, which filed for Chapter 11 protection from creditors in May only days after it warned of a significant liquidity crunch, has already received a takeover offer from privately held Plastech Engineered Products Inc.
Media reports have put the Plastech offer at around $1 billion for a company that has annual revenue approaching $4 billion.
UPDATE 1-Lear interested in venture with Collins & Aikman
Tue Aug 16, 2005 10:54 AM ET
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(Adds details from letter)
BOSTON, Aug 16 (Reuters) - Lear Corp. (LEA.N: Quote, Profile, Research) said on Tuesday it was interested in combining its interior components business with a related businesses of bankrupt Collins & Aikman Corp. (CKCRQ.PK: Quote, Profile, Research).
Auto interiors supplier Lear delivered a letter of interest to Frank Macher, chief executive at Collins & Aikman, which called creating a joint venture an attractive alternative, the company said in a statement.
"Lear is as well positioned as any other potential bidder to raise third-party equity financing if necessary to complete a transaction," Lear Chief Financial Officer David Wajsgras wrote in the letter.
The company, which makes seats, door panels and other vehicle components, asked for access to information necessary to make a proposal.
Collins & Aikman, which filed for Chapter 11 protection from creditors in May only days after it warned of a significant liquidity crunch, has already received a takeover offer from privately held Plastech Engineered Products Inc.
Media reports have put the Plastech offer at around $1 billion for a company that has annual revenue approaching $4 billion.
Lear delivers letter of interest to Collins & Aikman
Tue Aug 16, 2005 10:51 AM ET
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BOSTON, Aug 16 (Reuters) - Lear Corp. (LEA.N: Quote, Profile, Research) said on Tuesday it was interested in combining its interior components business with a related businesses of bankrupt Collins & Aikman Corp. (CKCRQ.PK: Quote, Profile, Research).
Lear said in a statement that it delivered a letter of interest to the chief executive of Collins & Aikman.
CKCRQ- Lear delivers letter of interest to Collins & Aikman
Tue Aug 16, 2005 10:51 AM ET
Printer Friendly / Email Article / Reprints / RSS
BOSTON, Aug 16 (Reuters) - Lear Corp. (LEA.N: Quote, Profile, Research) said on Tuesday it was interested in combining its interior components business with a related businesses of bankrupt Collins & Aikman Corp. (CKCRQ.PK: Quote, Profile, Research).
Lear said in a statement that it delivered a letter of interest to the chief executive of Collins & Aikman.
2nd bidder Lear - Company Overview
Lear was founded in 1917 in Detroit as American Metal Products, a manufacturer of tubular, welded and stamped assemblies for the automotive and aircraft industries. Lear has grown to meet the changing needs of the industry with 18 major acquisitions since 1994, when Lear went public.
Today, the company exclusively serves the global automotive industry and supplies product for all five major interior systems: seat, instrument panel/cockpit, door and trim, overhead and flooring and acoustics. Lear is also one of the leading global automotive suppliers in electronic and electrical products. There is a Lear product in more than 300 nameplates around the world.
The success of Lear is a result of our dedication to provide the best possible service to the world's automakers - which includes understanding their customers, the automotive consumer - by delivering increased value through the latest vehicle interior technologies and the continuous improvement of our processes and product quality. All of this is reflected in Lear's exclusive People-Vehicle-Interface Methodology™. By utilizing the PVI Method, Lear employs an innovation development discipline that turns market opportunities into the products that consumers want and customers need in their vehicles.
http://www.lear.com
C&A has $37M in incentives chips
RALEIGH - Auto supplier Collins & Aikman has generated $37 million in North Carolina tax credits under a law aimed at creating jobs, even though the now-bankrupt company since 1997 has shrunk its work force in the state by 70 percent.
The tax credits were "generated," in North Carolina Department of Commerce parlance, because of research and development undertaken by the company, which manufactures interior fabrics and other supplies for the car industry.
Such credits are allowed under the William S. Lee Act, a state law aimed at generating new jobs. The credits make C&A the largest single claimant for Lee credits since 2002, easily eclipsing giants such as IBM, GlaxoSmithKline and Cisco Systems.
Now, it appears C&A - or at least some of its divisions - will end up on the sale block, and any buyer would inherit the credits, according to an official in the North Carolina Department of Revenue. Dearborn, Mich., auto supplier Plastech Engineered Products Inc., on Aug. 9 announced it was offering $1 billion in cash to purchase the remnants of the company. C&A officials say they are studying the offer.
In 1997, C&A employed 7,000 people at 18 North Carolina plants stretching from the Triangle to Charlotte. Nowadays, the company has a North Carolina worker roster of just 1,800 at seven sites, says company spokesman David Youngman.
The company has three plants in Roxboro and one each in Troy, Farmville, Albemarle and Old Fort.
C&A is one of the nation's top auto suppliers, but its financial fall has been a horrific one. Until May, the company was headed by David A. Stockman, who gained fame during the Reagan administration as an architect of "trickle-down economics" and for his heavy hand with the budget ax.
The reason for Stockman's resignation has been shrouded in mystery, especially given that it came just a week before the company filed for bankruptcy. The company blames slumping U.S. auto production, higher commodity prices, stiff competition and bloated debt for its financial woes.
Youngman declines to offer much of a glimpse of the firm's future post Chapter 11 reorganization. "Obviously there are a lot of possibilities, and included in that is the sale of divisions," he says. "We are currently working on a bankruptcy plan."
If C&A accepts an offer to sell, the new owner could continue to take the existing credits as long as it maintains employment at the facilities or keeps manufacturing equipment in place, says Greg Radford of the North Carolina Department of Revenue.
Through the years, C&A has been no stranger to officials at the North Carolina Department of Revenue. The company piled up $37 million in tax credit chips with filings submitted from 2002 through 2004.
In 2004, the firm filed for $12.6 million in R&D credits, but its bottom line allowed it to take just $95,000 off its North Carolina returns. The remaining $11.6 million remains on the books for use by C&A - or any company that buys C&A.
With $3.9 billion in sales in 2003, C&A is one of the largest U.S. auto suppliers, turning out fabrics and other parts to the big three U.S. automakers as well as to Japan's Toyota, Honda and Nissan.
As best as can be determined during a turbulent period for the company, C&A's global work force stands at about 23,000 in plants scattered in 17 countries.
C&A is meeting its immediate liquidity demands with help from JPMorgan Chase, which is providing debtor-in-possession financing. A who's-who list of customers has offered up $83 million in temporary price increases on contracts. The customers, including DaimlerChrysler, Ford and General Motors, rushed in to help C&A because, in the auto industry, changing a supplier isn't a simple matter.
Parts are made according to safety and other considerations, explains Jim Gillette, director of supplier analysis for CSM Worldwide. "Collins accounts for roughly 50 percent of North American floor systems," he says. "And I don't think any automakers are going to be putting out cars without interior carpets." Neither Gillette nor members of his family own shares of C&A. CSM Worldwide does supply the company with auto industry forecasts.
The industry's reliance on C&A for parts, in other words, all but guarantees that production will continue at C&A's plants.
As for who might end up owning C&A's North Carolina tax credits, time will tell.
Lear eyes possible bid for Collins & Aikman - paper
Mon Aug 15, 2005 4:39 AM ET
FRANKFURT, Aug 15 (Reuters) - U.S. auto interiors supplier Lear Corp <LEA.N> is considering a bid for bankrupt rival Collins & Aikman <CKCRQ.PK>, the Automotive News industry paper reported on Monday, citing unidentified sources close to Lear.
"The sources said Lear might buy part or all of Collins & Aikman," the paper said, noting a full takeover would create North America's largest interiors supplier with combined sales that could total $13.19 billion.
Lear officials were not immediately available for comment.
Collins & Aikman, which filed for Chapter 11 protection from creditors in May only days after it warned of a significant liquidity crunch, has already received a takeover offer from privately held Plastech Engineered Products Inc.
Media reports have put the Plastech offer at around $1 billion for a company that has annual revenue approaching $4 billion.
Expect to see more competing bids to buy C&A
I am hearing that a competing bid -- and one C&A insider said the company expected more of them, will be announced soon.
As to the $1 billion Plastech bid,they have been interested in buying parts of C&A for three to four years. A person familiar with the offer said that Plastech wants C&A for its business with Asian automakers as well as its contracts on products such as instrument panels, a line of work Plastech does not have.
If successful, the bid for Troy-based C&A could ensure a steady supply of parts to assembly plants across the country -- something that the Detroit automakers have been concerned about because if the C&A went under it could slow down or shut down auto plants across North America or even Europe.
Plastech has discussed its interest in buying C&A with Detroit's three automakers, which each do about $1 billion or more in business with the company and have C&A parts on important vehicles such as the Ford Mustang, Chevrolet Corvette and Chrysler 300.
Plastech came away "with the idea that the automakers are supportive of the move," said a source familiar with the offer.
Plastech hopes to buy C&A as quickly as possible, before the supplier loses any business or customers, said people familiar with the deal.
Corporations often like to buy other companies out of bankruptcy because the purchase comes free and clear of all sorts of financial obligations, like pensions, labor claims or product-liability suits.
Companies are also far cheaper to buy in bankruptcy -- which is why a company like Plastech, which is one-fourth the size of C&A, bid to purchase it.
If it acquired C&A, Plastech would become the fourth-largest privately held company in Michigan.
Bottom line is expect to see more competing bids come to light in the days ahead.
CKCRQ brought down to .08 very quickly on little volume.
Nice buy opp!
PHOX .0094 X .0095 Over 3 mil volume...looks ready
CKCRQ .095 X .096 ... could go at any time