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I see they're using the "jumbo" pump.....
her and I both.
well she's $1.1M dollars worth of unhappy
Has anyone heard about this new case?
http://dockets.justia.com/docket/court-mddce/case_no-1:2008cv00307/case_id-156209/
Looks like it was just filed a couple days ago
This has come alive all of a sudden...
none available at the bid... BRING IT ON UP!
Fuse is set on this one, just need someone to light the match.
IMO
Hey, Happy Hour is pretty cool... I can actually post on my favorite board. May have to pony up for a premium membership. (man am I cheap)
Anyway - I'm silently with you guys. Keep it up!
Locked and loaded on ASWD!
We're rollin'
An article from my part of the world.
Just thought I would share. It states that the US SCA population is 72K. I thought higher, but I guess not nearly the issue it is in Nigeria.
http://www.statesman.com/news/content/news/stories/local/08/30//0830sicklecell.html
Received notice in the mail, 1 for 10 reverse split for STTC
exactly - its not tomorrow yet and they haven't NOT filed yet. Let's not call for the "E" before its time.....
why would they pick up the E? They filed the extension.
I think you got your confirmation.
All news has been good recently. Matter of fact they released a great PR after the close today.
http://biz.yahoo.com/pz/070430/118467.html
All in my opinion, of course.
well, damn if this isn't the most frustrating stock. Apparently nothing is going to move it but filings....
I sure am jealous at all you lucky SOB's that picked up shares at this level. I, unfortunately went "all in" at .029 and have been holding ever since. But, "the patient investor will be rewarded".
I still believe! Our day is here!
I guess I interpreted the large ask as pent up demand...
How can the bid/ask be the same, yet NO trades and the bid size is 250?
I just saw this news come across my tracker, Have you guys seen this already?
Foreign Firm to Build Drug Plant in Abuja
Mar 14, 2007 (Daily Trust/All Africa Global Media via COMTEX) --
A United States based company, Xechem International Inc., is to build a
seven-million-dollar plant in Abuja to produce sickle cell drug.
The plant will be engaged in commercial production of NICOSAN, a herbal
medication for the management of sickle cell disease.
The drug, developed as NIPRISAN by scientists at the National Institute for
Pharmaceutical Research and Development (NIPRD) at Idu, near Abuja, is a
non-toxic natural herbal drug with extracts from plants derived in Nigeria.
"We have already secured a 1.2 million dollar- loan from the Nigeria Export and
Import Bank (NEXIM) for investment in the construction of the plant," the
chairman of Xechem International Inc., Dr. Ramesh Pandey, told the North America
correspondent of the News Agency of Nigeria (NAN) in New York at the weekend.
"We are again talking with NEXIM Bank because they promised us another five
million dollars, while the U.S.-EXIM Bank is also working on a facility for us
to ensure the immediate take-off of the project."
He said the facility, to be located at SHESTCO Technology Park in Gwagwalada,
Abuja, would be one of the most modern and state-of-the-art research and
development drug plant in Africa.
Pandey said the plant would produce the sickle cell drug, formulated by NIPRD,
and patent it to his company on commercial basis.
"We are working hard to bring NICOSAN to markets in Nigeria and subsequently to
the US and other countries," he said.
On how he acquired the production rights, the company executive stated: "In
2002, I signed an agreement for the transfer of exclusive ownership and rights
for the Research and Development, production and worldwide sales and marketing
of NIPRISAN to Xechem International Inc.
"Thereafter, the Board of Directors of Xechem International Inc., agreed to
register Xechem Pharmaceuticals (Nigeria) Limited in 2002 to develop NIPRISAN as
NICOSAN for marketing in Nigeria and worldwide."
He said the plant, due to its closeness to raw materials, would run on full
capacity and provide "plenty of opportunities for Nigerian farmers and so it
will create employment for a great number of unemployed persons".
"As soon as the drug plant starts rolling out, it will earn Nigeria foreign
exchange," he said.
"Meanwhile, we are already producing this drug on a smaller scale as we are
supplying the ones we are reproducing now to sickle cell patients."
On the potency of the drug, he said NICOSAN is not a curative drug.
Pandey also disclosed that "as long as the patient takes his or her dose daily,
there will not be crisis." "As a matter of fact, consistent use of NICOSAN
reduces significant incident of crisis".
NAN learnt that the drug has been granted Orphan Drug status by the U.S. Food
and Drug Administration and the EU's European Medical Evaluation Agency, which
gives Xechem between seven to 10 years of exclusive production and marketing
privileges.
Some B/A movement now
I hear that. Tough to stick it out underwater while the market is on fire like it is. Wish you luck!
shoulda stuck it out. You would've recovered it.
IMO
someone FINALLY hit the ask again just now.....
yeah, this sucks. Can't figure it out. Someones dumping big time, or MM manipulation (not sure why).
IMO
Cool, I spoke my peace. No further posts from me on that subject.
Actually, that doesn't seem to be the case here. Don't get me wrong, I am not here to bash anyone. I am simply pointing out that the moderators of this board should not feel free to delete posts that are contrary to the views of the moderators. Plain and simple. I like this board. I visit it daily. And, it seems, I will probably be attacked/deleted for simply pointing out that deletion of posts is not right.
That's all I'll say. I am moving on and hope to see people free to post their opinions. Even those that disagree.....
"Chances are - if you're honest, sincere, and civil with your posts - you will never have to worry about having a post removed."
OK, according to the TOU, most of what was posted here tonight was not deletion-worthy. Tel me how socal violated TOU?
Messages posted by individuals may be misleading, deceptive, or in error. If you disagree with a posting, feel free to voice your opinion. It is the policy of iHub to allow our members to freely discuss issues in a free and open manner, and we will not take sides in disagreements or disputes involving our members
Stevenvegas - thanks for the invite
MMs trying to fake us out on the ask? 50X130
Did I miss something? Why the sudden spike?
PrimeNewswire - January 09, 2007 4:01 PM ET
SoftNet Technology Corp. (OTCBB:STTC) (German WKN:A0B7RZ) reports preliminary and un-audited results for December and the fourth-quarter 2006 and is pleased to announce that STTC is quickly approaching profitability.
The strength of the December results pushed SoftNet's quarterly run rate to nearly $2 million -- a quarterly record for the Company and puts the Company at an annual run rate of nearly $8 million heading into 2007. The continued and steady growth the Company has experienced the last few months is expected to provide for continued record results for the foreseeable future. "The results are quite an achievement for the Company, considering the challenges of transition, acquisition integration, and organizational changes the Company successfully executed during the fourth quarter. The results also enabled the Company to approach profitability, the Company's primary goal," said Jim Booth, CEO.
Sales for the month of December appear to be a monthly record for that month based on preliminary calculations. STTC is pleased to report revenue at approximately $630,000, well above the $600,000 forecast for the month in spite of the seasonality dip resulting from the reduced number of billing days due to the holidays. The Company's original internal goal was exceeded by 20% and is the result of an extraordinary effort by the sales team.
The Company experienced increased revenue in nearly all IT consulting practices and channels, with nearly all geographic branch offices contributing to the growth during the fourth quarter. Most notable were the increases recorded in the Data Storage and Telecom Practices, as well as SMB. While growth was experienced nationally, the Dallas, Texas branch experienced significant gains with existing clients and the addition of a new client, Sarcom. The SMB branch successfully completed the pilot program with a major national electronic and IT retailer, and is finalizing expansion plans with the client into new markets and locations.
"When the revenue results are finalized, we will report them in a more detailed and complete report. Based on the preliminary results, the pipeline the sales team has generated, and ongoing discussions with several nationally recognized companies; we are very optimistic that 2007 will be another record breaking year," reported Jim Booth
Please visit our website at http://www.softnettechnology.com for more information or for Investor Relations; please contact the company directly at 908-212-1799, option 7, James Booth-CEO, or by e-mail at: investorrelations@softnettc.com.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: SoftNet Technology Corp.
SoftNet Technology Corp.
James Booth, CEO
(908) 212-1799, option 7
www.SoftNetTechnology.com
Nice action today. Hopefully the start of a new climb.
in my opinion
I'm glad there is conversation again. This stock hasn't been worth talking about for several months. At lease we can debate whether or not this thing has any steam left....
Now, I am going to watch my Sharks spank the Stars. Good night.
TechSector - Could you offer your opinion of the company going forward? It seems to me that they should be trading better than current levels. I can't figure this stock out. I expect the losses to narrow big time on the Q4 report with profitability next year. Is that reasonable?
IMO
that's some shake....
Robo - quit smokin' the Nicosan, they need it in Nigeria. LOL!
Pandey -"Our Problems are SHORT TERM"
Thanks wing-walker