Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Price Size Exch Time
0.0006 911 OBB 10:42:56
0.0005 911 OBB 10:41:23
0.0006 911 OBB 10:41:23
0.0005 911 OBB 10:38:16
0.0006 911 OBB 10:38:16
what's their emergency eh?
haven't tried...
0.029 100 OBB 13:20:07 <--- looking for shares...
ConectiSys Announces Technology Enhancements and New Product Development
ConectiSys Corporation (OTCBB: CNES), a developer of automatic meter reading technologies, announced today the completion of a significant renovation and update of both its H-Net(TM) hardware and software technologies. These milestones have been reached as a result of a collaboration that began in April of this year with a well-known wireless technology developer who has a long history of successful product deployments in the retail and U.S. Government markets.
As a result of this strategic alliance, the Company has enhanced its core product and now has access to an array of advanced wireless technologies for immediate H-Net(TM) systems integration. Specifically, this relationship has enabled the Company to launch the low-cost development of a Local Area Network (LAN) for both the residential and commercial environments. This LAN will communicate with the ConectiSys existing Wide Area Network (WAN). The LAN will allow the customer to view energy usage on a digital display mounted conveniently within a home or business. The emphasis will be individual appliances such as air conditioners and refrigerators in the home and high electric energy usage equipment in the commercial workplace. All data displays will be in real time.
In addition, the H-Net(TM) bi-directional Networks will enable utility remote load shedding at peak consumption periods, resulting in greater distribution efficiency, energy conservation and consumer awareness.
Rod Lighthipe, ConectiSys Director of Business Development, commented that, "This combination of the Local and Wide Area Networks together with the existing H-Net(TM) technology will provide the Company with a unique product in the AMR marketplace." Mr. Lighthipe further stated, "The Company's updated H-Net(TM) hardware and software is ready for immediate deployment. The development of the Local Area Network should be completed and fully integrated by early 2008."
Robert Spigno, the Company's President and CEO, remarked that, "The Company's plug-and-play low-cost deployment strategy will pay large dividends in the future and our wireless products will be known as among the most competitive in the industry." CEO Spigno went on to say, "We will be implementing our full marketing strategy now and continue through the next several years. Our 2008 marketing budget will significantly exceed our development budget for the first time in the Company's history. We will seek high level exposure opportunities with utility industry leaders, attend numerous trade shows and demonstrate our products for sales across the country. As the AMR market continues to mature vertically I anticipate that CNES will reflect a similar growth."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein and in the Monthly Report that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to: the level of cost-effectiveness and efficiency of the Company's H-Net(TM) automatic meter reading products or technologies; changes in the Company's policies regarding communications with shareholders and the general public; the success or failure of the Company's marketing efforts and the particular efforts to be employed; the Company's ability or inability to commercialize, sell, license or further develop its H-Net(TM) automatic meter reading products or technologies; and other risks detailed from time to time in the Company's periodic reports and other filings with the Securities and Exchange Commission.
Investor Relations:
Luca S. Spigno
(661) 295-6763 Ext 204
Website: www.ConectiSys.com
Mail to: InvestorRelations@ConectiSys.com
the 3 bln issued were to Ed personally. still a very large majority of this is privately held IMO. I think the MM's are about to lose their shirts when they have to cover all of the naked shorting they've been doing...what is that date again? Oct. 15? GLTA.
to say Ed gave a ton to Carnes is guess work and conjecture.
got anything recent?
show me a filing where Ed sold shares......................
LOL...Bobby Bowden has had a bad few years.
As for the Grem share structure, the large amount Miers has is via filings with the SEC. He can't sell without filing at a minimum and i believe a large chunk of his holdings are restricted for a while anyway.
I think what we need to see now is details about the distribution agreement they have 'finalized'. MM's just signalled a few minutes ago they need shares...so I guess we'll see.
I am...my alma mater...back in the ole' fun-n-gun days with the head ball coach. The Auburn loss was heartbreaking...
waitin' for something to take off. The O/S isn't *AS* big of an issue b/c it's almost completely owned by Ed Miers.
just IMO of course.
good volume today @ the ask. reasons?
everyone's tired of the spam from mystery on multiple boards I think...that's why ppl TOS him and his posts. paid bashers...TOS gets them everytime
I have most definitely taken proifts. not to would be foolish.
down on low volume, lots of small trades. all last week they were printing calls for shares. makes me wonder how short you guys are on this one. news will come they are covering costs with sales and then details on the distribution deal they have in place and watch out IMO.
not sure how long you guys (MM's) can keep this down to get the shares you need.
not to mention there have been more buyers than sellers last week and even today.
not a whole lot of volume going on lately.
insider large holdings haven't changed -- there would be filings to sell. the majority of this is still owned by the same people. mostly ed miers
covering operational costs through revenues is fantastic! would love to see details of the agreement with the distributor
the report from Friday? You mean the 10Q? Check the SEC website and search for GRUS. Also available from Knobias, or the pinksheets website.
All of them say the same things . . . it's standard disclaimer stuff all pinks use about going concerns and whatever.
GLTA
they won't respond if you ask confidential questions...until they are ready to report to the shareholders, they don't comment on contracts, etc.
everyone continues to wait for movement...or an announcement...which ever comes first IMO.
guess we'll see if this bounces off the 200 or not.
everybody's just waitin' for some movement I think...
the float here is still miniscule, regardless of what the O/S is. most of the shares are privately held and RESTRICTED...which means a float of 110 mln is very easy to move. The mirrored trades, and the way this is slowly being walked down AGAIN, leads me to believe it will move again....and again...MM's don't have enough to cover the naked short count which comes to call in mid-August.
Distribution agreements and full scale production will make this launch. All IMO of course.
GLTA
continue of the mirror trades to bring the price down...again...more likely the MM's don't have nearly enough shares to cover their short count after the grandfather clause is removed. GLTA.
more like MM's trying to get lower priced shares. the mirrored trades the last week or so plus the gradual rise in price = MM's have a lack of shares...if the rumors of being hugely short on this are true, they could be in some deep crap when the grandfather clause goes out the window and they are forced to settle accounts.
All IMO. GLTY
more buyers than sellers again. always like to see that...they are holding it in place though.
they are still looking for shares...
if the party was over you wouldn't be here knockin' the stock. 'nuff said. Sn is on iggie
it would appear they're toying with everyone right now. glta
several 300 share trades peppered. takin' it down to get shares they need.
this hasn't been a group play and it's not being pumped hardly anywhere...a low float, high short count, and business developments are what has been leading this up IMO. Long time coming for some of us. I don't think we've seen the end either. GLTA
I agree, and have done the same. IMO we have been seeing a slow steady build upwards and now we are on the next leg up. it doesn't seem to be a group play or anything that I can see. hopefully the move up continues...slow and steady is fine by me.
hold the shares and watch it explode! LOL
I think it's more of a word gets around. Miers holds most of the shares, over 3bln of which are restricted. He has to file if he wanted to sell any of the other shares...
People have visited the factory and know what's going on, as well as the guitar distributors know what's going on in regards to their deals.. All IMO of course.
I would guess something to do with unannounced as of yet news. They are ramping up production, hiring ppl, and have been working to sign 3 major distributors for their guitars. Maybe we will get news soon.
guy that runs the company owns almost the entire share count, something over 85%, 3 bln restricted, and a few other inside investors raise that to 90%+. That leaves the actual float miniscule in relation to what is issued.
all of that is in the most recent filing. GLTA...
My posts are IMO. Do your own DD before investing.
GLTA
ICPL is now ICPA
GREM USA Signs Major Recording Artist to Endorse Guitars
GREM USA (OTCBB: GRUS) announced today that Michael Sweet of Stryper has signed on to fully endorse and exclusively play GREM Guitars in studio recording sessions and exclusively play GREM Guitars in his 2007-2008 World Tour.
Edward Miers, President of GREM USA, stated, "GREM USA continues to focus on producing guitars that are considered to be instruments worthy of receiving praise on a world class level. GREM has proved that it can produce an instrument in a class above all competing products. The goal now is to ramp up production capacity to meet anticipated demand levels."
Miers further stated, "We are working with three major distributors in an effort to finalize details under which terms these distributors will be able to carry the full line of GREM guitars. The main current objective is to position the company to keep up with anticipated demand."
"The company fully anticipates that revenues could approach $4 million in the next 18 months. Our anticipated 36-month projections would place us in the neighborhood of $12 Million in gross revenues. The company is very appreciative of all the shareholders who have been loyal and share the company's vision of future success," Miers stated.
"The company will never change direction of focusing on the production of world class guitars. However, company management will enthusiastically review and seek out potential opportunities, which could enhance shareholder value," Miers stated.
About GREM USA
GREM USA is a development stage company focusing on design and manufacturing of custom hand crafted and mass-produced electric guitars.
This press release contains certain "forward-looking" statements as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements which are not historical facts, are forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties. There can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to the Company's ability to consummate and complete operations, the Company's access to future capital, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors that may be identified from time to time in the Company's public announcements. The Company undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of any offer to buy securities.
FOR FURTHER INFORMATION PLEASE CONTACT:
GREM USA
315 East Wallace St
Fort Wayne, IN 46803
Edward Miers
260-456-2354
Website: http://www.gremusa.com
Source: Market Wire (May 23, 2007 - 1:18 PM EDT)
News by QuoteMedia
www.quotemedia.com
this has nothing to do with ASVN...please stay on topic for this forum
Vistaviewer has been successfully ignored.