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if you want me to type and spell correctly do it yourself. i stayed up and copied it from the letter i got. so buy me a scanner. geez, ill take it out if you only care about spelling
AXVC PR OUT ....BIG NEWS
Axial Vector Engine Corporation to Create Assembly Plants in Detroit, Michigan and Dubai, United Arab Emirates
Monday March 24, 9:30 am ET
DUBAI, United Arab Emirates, March 24 /PRNewswire-FirstCall/ -- Axial Vector Engine Corporation (Pink Sheets: AXVC - News; Frankfurt: BAE1 - News) announces that two assembly facilities, one in Detroit and the other in Dubai, are scheduled to come online to meet the demand for AVEC products.
ADVERTISEMENT
The Detroit facility is an 18,000 sq. ft. Class A Building currently housing Adaptive Propulsion Systems, which is being purchased by Emirates International Capital Advisory (EICA). Final assembly of 100 kW generators will be completed in this building. Primary sales and distribution from this location are expected to be geared for United States military and generator conversion systems.
AVEC has narrowed to three choices that average 40,000 sq. ft. each for the Dubai facility, and a final decision is expected to be made next week. This facility will also complete assembly for 100 kW generators as well as final assembly for multi-fuel Work Horse engines. The facility will begin with one assembly line that can be expanded to add three more. Request for bids on block casting and sub-components have been tendered to three suppliers on each category.
Axial Vector(TM) Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC.PK - News) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine, generator and electric motor technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size. It also owns the worlds first "coreless" power generator and ultra efficient electric motors.
Forward-Looking Statements
This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth, may be significantly and materially impacted by certain risks and uncertainties, including, but not limited to, failure to meet operating objectives or to execute the operating plan, completion, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission.
CONTACT:
Axial Vector Engine Corporation
503-471-1348
avec@emiratescapital.net
One World Trade Center
121 SW Salmon Street, Suite 1100
Portland, Oregon USA
www.axialvectorengine.com
--------------------------------------------------------------------------------
Source: Axial Vector Engine Corporation
LETTER FROM CEO OF HEALTHSONIX 29FEB08
Posted by: Vulcanized Crawler
In reply to: Sound who wrote msg# 950 Date:3/23/2008 9:21:23 PM
Post #of 953
healthsonix feb 29
to all health sonix shareholders:
we would like to take this opportunity to bring all healthsonix shareholders up to date on the key developments since we became a public company
company milestones:
product development
research and development work on sound pressure waves started in 2001 following extensive worldwide market analysis; the technology was in its infancy and the primary application was for the treatment of pain.
the decision to subsequently forucs on arthritis was based on several key factors: the multi-billion dollar market size; the forecasted growth rate over the next two decades as a result of the gaging populatoin; the absence of any known cure for this degenerative disease; the inability of existing products to provide consistent long term pain relief without side effects; and the growing recogniation of the need for combination therapy in the management of arthritis pain.
the toronto west research centre and clinic was opened in 2003 to further provide clinical evidence and to refine the treatment protocols, primarily for patients with osteoarthritis.
in 2006, the company opened the auquasonix research and treatment centre in the thearapy pool at st josephs healthcare hospital in hamilton , ontario. on going clinical research trials for aquasonix therapy will be conducted at this site.
in late 2007, zingiber Rx joint and muscle cream was launched.
intellectual property
healthsonix has applied for a number of differnt us patents to protect its unique sound pressure wave technology, and has also filed patent cooperation treaty applications to reserve the right to later file foreign patent applications in other key markets around the world
world recognized medical and scientific advisory board
healthsonix has been able to attract some of the most recognized and successful medical professionals in the arthritis and pain management fields...to wit dr edward keyston, a preeminent rheumatologist who now sits on our medical and scientific advisory board
fda registations
healthsonix has been successful in registering and clearing all of its commercial products with the us food and drug administration. fda registration, which is the most stringent in the world, has allowed us to ready our products for sale in international markets
internation distribution agreements
the company successfully negotiated three international distribution agreements for the ensonix home medical device
new direction
we continuye to witness ongoing and dramatic acceleration in the rate of medical technological innovations today. against this backdrop, business as usual was not a strategic option for our future success; to maximize sales and profits this coming yar, we decided to shift our forcus from health care services to concentrate on selling healthcare products.
today, healthsonix is tranforming itself from a research oriented medical thechnology company into a sales oreiented medical technology copnay. healthsonix develops manufactures and sells proprietary medical products and biotechnologies to proivide pain relief and muscle stimulation for people with osteoarthritis, rheumatoid arthritis, fibromyalgia, musculoskeletal contiions related to muscle injuries essentailly medical conditons wher eacute and chronic pain , muscle stiffness, poor circulation, and diminishing flexibility are among the underlying symptoms.
hence, the launch of zingiberRx , a new joint and muscle cream, and the major overhaul and resdesign of the ensonix home medical device.
concurrently, we will commence selling the medical quipment for aquasonix therapy to existing clinics, rehabilitatyion centers, hospitals and long term care facilities...rather than expanding and operating these facilities ourselves.
to market our products we ahve upgraded our websites, engaged in partership with google, adn are starting banner ad advertising on websites (carp, aarp) tjat cater tp tje 50+ audience. this marketing program was designed to increase awareness for our products and incrase traffic to our websites to promote direct to consumer sales from our online store. for many relevant key words, such as 'pain cream', we hold the number one position on the google search engines.
looking ahead
the objectives we have set for our company in 2008 center on five key targets
finalize an invesment banking relationship to rasie additional working capital and acilitate our move onto amore senior exchange. the move to amex will encourage fund and invesment managers that specialize in healthcare to actively follow and invest in healthsonix.
maximize our shareholder returns with a higher stock price by growing our sales and the bottom line
make investor presentations and attend analyst meetings to have at least one more reserch firm following our progress and writing a research report
continue to expand collaboration agreements with major pharmaceutical companies to promote the benefits of 'combinaiton thearapies' by testing and marketing our proprietary products with their arthritis, over the counter, or prsscriptions prodcuts. a new and very significant agreement is being finalized and will be announced later this year.
once we start delivering th e'new and improved ' ensonix home treatment device, start a major infomercial campaign in the us and canada and adress worldwide distribution by starting to fill the existing order backlog
some of you may feel that the company is not moving forward fast enough : to that end , it is worth remembering that the average pharmaceutical product today takes 13 years and 1.3 billion dolalrs to get the concept to maket. by comparison, it has taken healthsonix 5 yrs and 6 million to develop and reister with fda 3 prodcuts and that are revolutionary, relevant to tdays market place, and that are commercially viable.
we are moving ahead aggressively to get our poducts into the market place and to become category leaders in every market segment we have chosen to compete in. we expect 2008 to be a break through yar for the company.
thank you for your continued confidence and ongoing support for healhsonix. if you have more qusitons please do not hesitate to call or write.
yours trely,
michael ivezic
president and ceo
i certainly hope so. onward
healthsonix feb 29
to all health sonix shareholders:
we would like to take this opportunity to bring all healthsonix shareholders up to date on the key developments since we became a public company
company milestones:
product development
research and development work on sound pressure waves started in 2001 following extensive worldwide market analysis; the technology was in its infancy and the primary application was for the treatment of pain.
the decision to subsequently forucs on arthritis was based on several key factors: the multi-billion dollar market size; the forecasted growth rate over the next two decades as a result of the gaging populatoin; the absence of any known cure for this degenerative disease; the inability of existing products to provide consistent long term pain relief without side effects; and the growing recogniation of the need for combination therapy in the management of arthritis pain.
the toronto west research centre and clinic was opened in 2003 to further provide clinical evidence and to refine the treatment protocols, primarily for patients with osteoarthritis.
in 2006, the company opened the auquasonix research and treatment centre in the thearapy pool at st josephs healthcare hospital in hamilton , ontario. on going clinical research trials for aquasonix therapy will be conducted at this site.
in late 2007, zingiber Rx joint and muscle cream was launched.
intellectual property
healthsonix has applied for a number of differnt us patents to protect its unique sound pressure wave technology, and has also filed patent cooperation treaty applications to reserve the right to later file foreign patent applications in other key markets around the world
world recognized medical and scientific advisory board
healthsonix has been able to attract some of the most recognized and successful medical professionals in the arthritis and pain management fields...to wit dr edward keyston, a preeminent rheumatologist who now sits on our medical and scientific advisory board
fda registations
healthsonix has been successful in registering and clearing all of its commercial products with the us food and drug administration. fda registration, which is the most stringent in the world, has allowed us to ready our products for sale in international markets
internation distribution agreements
the company successfully negotiated three international distribution agreements for the ensonix home medical device
new direction
we continuye to witness ongoing and dramatic acceleration in the rate of medical technological innovations today. against this backdrop, business as usual was not a strategic option for our future success; to maximize sales and profits this coming yar, we decided to shift our forcus from health care services to concentrate on selling healthcare products.
today, healthsonix is tranforming itself from a research oriented medical thechnology company into a sales oreiented medical technology copnay. healthsonix develops manufactures and sells proprietary medical products and biotechnologies to proivide pain relief and muscle stimulation for people with osteoarthritis, rheumatoid arthritis, fibromyalgia, musculoskeletal contiions related to muscle injuries essentailly medical conditons wher eacute and chronic pain , muscle stiffness, poor circulation, and diminishing flexibility are among the underlying symptoms.
hence, the launch of zingiberRx , a new joint and muscle cream, and the major overhaul and resdesign of the ensonix home medical device.
concurrently, we will commence selling the medical quipment for aquasonix therapy to existing clinics, rehabilitatyion centers, hospitals and long term care facilities...rather than expanding and operating these facilities ourselves.
to market our products we ahve upgraded our websites, engaged in partership with google, adn are starting banner ad advertising on websites (carp, aarp) tjat cater tp tje 50+ audience. this marketing program was designed to increase awareness for our products and incrase traffic to our websites to promote direct to consumer sales from our online store. for many relevant key words, such as 'pain cream', we hold the number one position on the google search engines.
looking ahead
the objectives we have set for our company in 2008 center on five key targets
finalize an invesment banking relationship to rasie additional working capital and acilitate our move onto amore senior exchange. the move to amex will encourage fund and invesment managers that specialize in healthcare to actively follow and invest in healthsonix.
maximize our shareholder returns with a higher stock price by growing our sales and the bottom line
make investor presentations and attend analyst meetings to have at least one more reserch firm following our progress and writing a research report
continue to expand collaboration agreements with major pharmaceutical companies to promote the benefits of 'combinaiton thearapies' by testing and marketing our proprietary products with their arthritis, over the counter, or prsscriptions prodcuts. a new and very significant agreement is being finalized and will be announced later this year.
once we start delivering th e'new and improved ' ensonix home treatment device, start a major infomercial campaign in the us and canada and adress worldwide distribution by starting to fill the existing order backlog
some of you may feel that the company is not moving forward fast enough : to that end , it is worth remembering that the average pharmaceutical product today takes 13 years and 1.3 billion dolalrs to get the concept to maket. by comparison, it has taken healthsonix 5 yrs and 6 million to develop and reister with fda 3 prodcuts and that are revolutionary, relevant to tdays market place, and that are commercially viable.
we are moving ahead aggressively to get our poducts into the market place and to become category leaders in every market segment we have chosen to compete in. we expect 2008 to be a break through yar for the company.
thank you for your continued confidence and ongoing support for healhsonix. if you have more qusitons please do not hesitate to call or write.
yours trely,
michael ivezic
president and ceo
GOT LONG AWAITED LETTER FROM CEO
after talking this week with healthsonix ceo, i mentioned the letter we all expected end of Feb. Well, it is dated Feb 29th and i got it in the mail from Canada today....along with a free sample of the cream.
We are going forward and in respect to time lines, perhaps they were expecting faster things than they thought, but, forward motion is ongoing.
now to get the sec off our case and back on message and program.
AXVC UPDATE....PR....UP UP UP
Focus Pick Update
Axial Vector Engine Corp.
(OTCPK: AXVC, Frankfurt: BAE1)
Significant Press Release Just Issued Today
Initial Orders for Axial Vector GENSET Multi-Fuel Power Systems Total 80 Megawatts Representing $96 Million in Revenue Each Year; Options are Signed for Additional 150 Megawatts
The numbers behind the announcement from our most recent focus pick Axial Vector Engine Corporation (OTCPK: AXVC) are so large it almost seems too good to be true. After review directly with the Company, the numbers are indeed TRUE.
A full copy of today’s press release is included in this update. If you have not had a chance to read it, please do. As we see it, an investment in this stock at these prices could significantly improve your net worth over the months and years to come.
In a nutshell, here is how we view it. Axial Vector has already received firm orders for AVEC GENSETS totaling 80 megawatts. At a 200% margin on $96 million in revenue, we calculate an operating profit of $72 million per year just on these orders. Additional revenue will be realized by selling carbon credits resulting from use of clean fuels. Even after costs to manufacture the systems and all other expenses, the net profit is still enormous.
Next week, The Green Baron Report plans to deliver another exclusive webcast interview with EICA Senior Managing Director Arash Mason. We will also analyze the orders, anticipated revenues / earnings, and production plans in great detail. AXVC stock is seriously beginning to look like a home run and we hope our members listen up and grab shares while it is still below $1 per share.
DUBAI, United Arab Emirates, March 19 (PRNewswire-FirstCall) - Axial Vector Engine Corporation (OTCPK: AXVC)(Frankfurt: BAE1) is proud to announce it has already received its first signed lease agreements for its new multi-fuel GENSET power generation systems. These four year lease agreements with annual escalator clauses will in turn provide true multi-fuel power production capabilities to the end user for the first time. The GENSET's ability to run on clean fuels and obtain "carbon credits" is viewed as an innovative development and is produced significant interest from attendees of last week's WETEX conference.
Annual revenue per megawatt has been calculated to be US$1.2 million using a $.15 per kilowatt-hour price resulting in a 200% profit margin at current market prices. Based on firm orders for 80 megawatts at this time, Axial Vector is expected to see $96 million per year in annual revenue once delivery of these units is made. Diesel fired emergency power in Africa has averaged $0.28 per kilowatt-hour.
Further revenue is generated by selling the carbon credits resulting from use of clean fuels by these GENSETS. The current price of carbon credits is at US$ 30 per carbon credit, we believe that this is the lowest price and will rise significantly in the near future.
The extremely positive response to AVEC GENSETS has resulted in the decision by management to move ahead with a leasing program for AVEC products. The logic behind this course of action comes from that it protects our technology at all times, increases revenues substantially for the corporation and its shareholders, and ensures us a steady flow of income that can be used in part to further research and development of more AVEC products.
Orders were received from the following countries: Indonesia, Malaysia, Democratic Republic of Congo, Cambodia, Tanzania, and Sierra Leone. In addition to our leasing model, the biggest advantage of AVEC GENSETS over the competition is the ability to deploy in areas with already available palm oil as opposed to having to transport, often with great logistical difficulty and expense, diesel or other fossil fuels. At this time, we do not see any competitors to the multi-fuel GENSETS provided by Axial Vector.
Mr. Ahmed Khalifa, Chairman of AVEC stated, "Today is a major milestone for Axial Vector Engine Corporation. We have transformed from a research and development company to production facility overnight, and will be working hard to deliver these orders on time. In particular, the ability of our GENSETS to run on fuel like palm oil is an advantage that our clients have tremendous interest."
A press release to discuss new manufacturing plans and a new webcast interview with EICA Senior Managing Director Arash Masom by TheGreenBaron.com is expected next week.
Axial Vector(TM) Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC.PK) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size.
Forward-Looking Statements
This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth, may be significantly and materially impacted by certain risks and uncertainties, including, but not limited to, failure to meet operating objectives or to execute the operating plan, completion, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission
Axial Vector Engine Corporation
avec@emiratescapital.net
One World Trade Center
121 SW Salmon Street, Suite 1100
Portland, Oregon USA
(503) 471-1348
www.axialvectorengine.com
SOURCE Axial Vector Engine Corporation
RESPONSE FROM SEC TO MY LETTER CONCERNING HSXI
Dear XXXXXXXX:
Thank you for your email and taking the time to provide us with your comments
and even your criticisms about the SEC's recent action to suspend the trading in
26 companies that trade primarily on the Pink Sheets.
We welcome your comments because they help us to regulate and enforce the laws
that assure fair and orderly securities markets.
Once again, thank you for taking the time to inform us of your views.
Sincerely,
ROBERT T GREENE
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
(202) 551-6331
we shall prevail
cuz we have a dynamic product that i looked the past 4 years for...and found it in the home unit and cream. it will be successful as i represent the millions of babybommers out there....that need what they offer. dispite the sec and it's misguided way of doing business....we shall prevail. now if we can get the generation two unit out to the public we can really start to rock n roll. meanwhile the cream is just plain outstanding and dynamic for the needs of those with aches and pains in soft tissue due to various accidents, wars or just plain getting old.
HAIL VICTORY
hello, iam from the SEC, iam here to help you
ROFLOL
geez, ive been with stocks for decades and the sec never changes, they protect you, the same way the vietnam philosphy went....we must destory the village (company) in order to save it. the SEC is the most corrupt or is it just plain stupid agency quasi government in existence. they denied naked shorting existed for years. until it was proven otherwise. they are a joke. just too bad, they shoot all share holders first.
do i have an agenda? yea, eliminate the sec and irs.....ron paul has it right, and throw in the fed.
the run is on again, reloaded and ready to rock and roll....up 13 today so far
as i said earlier, i talked with mike ivezic of hsxi and to matt at greenbaron, both echo what i have felt and only confirms it. the company was folded into a shell, which is a defunct existing co. on the pinks. that is done cuz it is the cheapest way to go. the lawyers set up 26 various companies, same lawyers. something was evidently not correct or so says the sec. they want it straightened out. the companies are not at fault, from what i can tell....and most assuredly hsxi...but, if the buy of the shell was not completed correctly , it has to be corrected now. why the sec waits 2 yrs or so to do this is beyond me and , why the suspend trading is just government at it's best....screw the shareholders and company. that is the sec's way. i ve been doing bb's and pennies on the pinks for a very long time. so i know the ropes. this is the first company i have bot due to product that is superior and earthshattering. i bot it cuz it cured with the cream and first with the home unit, what no chiropractor nor M.D. could accomplish.....and thats a fact jack. piggie can say what he wants, he has that right, but, cross the line it's bye bye time. the rules of posting have been posted prior and will be enforced.
fear mongers aside, we shall wait and see, as i have a great deal at stake here also. ild like to know what the improvements on generation two home unit are....as my first generation unit has cured severe soft tissue problems, that no one else could. another fact jack.
Friday, March 14, 2008
New Focus Pick Update
Axial Vector Engine Corp.
(PK: AXVC, Frankfurt: BAE1)
New Buying Opportunity!
Green Baron Views Two Day Pullback in AXVC as Second Chance to Buy Near our Profile Price
As we expected, AXVC had trouble getting though resistance of .75 with any authority. Although volume was high on Tuesday and touched .79 per share following another press release, the close below .75 per share represented a failure to break out. A lack of further news or an update from Axial Vector following the end of the WETEX conference in Dubai seemed to frustrate short-term traders of the stock.
However, The Green Baron Report believes the dip to the low .50 range represents a perfect buying opportunity for our members today. Friday is a holy day and nobody in Dubai with Axial Vector or EICA will be working. In the future, we never expect AXVC to announce news on a Friday.
We do believe it is a safe bet that Axial Vector will soon provide a progress report regarding orders from the WETEX show, reaction from attendees, an update regarding the acquisition of Adaptive Propulsion, and other developments. The Green Baron Report has high hopes for an impressive summary. In addition, many high net worth attendees of the show may return home over the weekend with a better understanding of where AXVC stock is likely to go and begin to accumulate large quantities of shares for themselves (thanks to very deep pockets) ahead of a major run up.
The Green Baron Report believes AXVC will bottom yet again at about the .50 per share level and begin another move higher. This stock is capable of huge gaps up and we have much higher short-term expectations. We consider this dip a gift and we urge members to accept it with appreciation. Enjoy the move back up!
Axial Vector(TM) Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC.PK) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size.
Axial Vector Engine Corporation
avec@emiratescapital.net
One World Trade Center
121 SW Salmon Street, Suite 1100
Portland, Oregon USA
(503)471-1348
www.axialvectorengine.com
Note: HealthSonix (HSXI) and Complete Care Medical (CCMI) Address Temporary 10 Business Day Trading Suspensions – The Green Baron Report recognizes that we have provided coverage of these two companies over the past year and we would like to add some commentary. After speaking at length with the President and/or CEO’s of both companies, we are convinced that neither was aware of or acknowledges any wrongdoing, and both maintain that this investigation is focused on actions surrounding the original merger into a non-operational or “shell” company. It seems that the investigation does not involve the current business of either company or press releases that the companies have issued. It appears that HealthSonix and Complete Care are the victims, and they are anxious to help the SEC any way possible.
Both companies issued announcements yesterday, and both were utterly shocked by this action. It seemed to surprise each company chief more since both companies have legitimate businesses, supportive shareholder bases, and very high expectations for the near future. Regardless, they are both confident they will emerge stronger than ever from this experience and both have plans to move to higher exchanges.
HealthSonix, Inc. (OTC:HSXI)(FWB:H7S) wishes to update the earlier
press release which reported 'that the United States Securities and
Exchange Commission (SEC) as a result of an administrative action, had
ordered a 10 day temporary suspension of trading in the HSXI
securities'.
On March 13, 2008, the SEC issued a release to announce a
temporary trading suspension of 26 companies, HSXI being one, to allow
each company to document and address any issues of compliance -
specifically the manner in which the 'inactive public shell companies'
were set up. HealthSonix has and will continue to provide any
information and documentation in its possession to the SEC to ensure
compliance.
"Yesterday we learned that the SEC had issues and concerns with
the lawyers that were responsible and the manner in which some of
these shell companies were organized. We have been in touch with the
SEC offices and have agreed to assist them fully with their
investigation to put this matter behind us as quickly as possible"
stated Dieter D. Doederlein, Vice President Corporate Development for
HealthSonix "We wish to stress at this point that the SEC concerns have
nothing to do with the current operations of HealthSonix," added
Doederlein. "As indicated in the SEC release, the suspension order is
temporary and will expire at 11:59 pm, ET on March 27, 2008. In the
meantime, we will keep the public, our shareholders and the supporting
brokers and dealers informed until the review is completed."
rndbyrd: HealthSonix, Inc. (OTC:HSXI)(FWB:H7S) wishes to update the earlier
press release which reported 'that the United States Securities and
Exchange Commission (SEC) as a result of an administrative action, had
ordered a 10 day temporary suspension of trading in the HSXI
securities'.
rndbyrd: On March 13, 2008, the SEC issued a release to announce a
temporary trading suspension of 26 companies, HSXI being one, to allow
each company to document and address any issues of compliance -
specifically the manner in which the 'inactive public shell companies'
were set up. HealthSonix has and will continue to provide any
information and documentation in its possession to the SEC to ensure
compliance.
You just sent a nudge!
rndbyrd:
"Yesterday we learned that the SEC had issues and concerns with
the lawyers that were responsible and the manner in which some of
these shell companies were organized. We have been in touch with the
SEC offices and have agreed to assist them fully with their
investigation to put this matter behind us as quickly as possible"
stated Dieter D. Doederlein, Vice President Corporate Development for
HealthSonix.
rndbyrd: "We wish to stress at this point that the SEC concerns have
nothing to do with the current operations of HealthSonix," added
Doederlein. "As indicated in the SEC release, the suspension order is
temporary and will expire at 11:59 pm, ET on March 27, 2008. In the
meantime, we will keep the public, our shareholders and the supporting
brokers and dealers informed until the review is completed."
i hear there maybe news coming down the bend
what it is i dont know but it is good....so we shall see. love rumors and maybe, but that is what is out there and if i can find out more ill let it be known
bigfatpig i expect nothing less from you than doom and gloom,as that is your m.o. after my actual calling around i feel at ease. i have been thru a number of suspensions with other companies and it is something to be concerned about, as the sec, in their infinite wisdom, always protects you in their warped way....without notice, without much explanation and that is exactly what i wrote to cox, the sec chief. if he did this as a congressman he would not be one for long....well he isnt any longer and, perhaps the analogy hit home? assuming he even reads letters from the public.
so we wait, ill let you know what i hear, but, so far it has nothing to do with the company, just the shell that the company went into way back when.
i had a nice talk with mike ivezic of hsxi and they are as stunned as we are. this came out of the blue and they were totally blindsided. it has to do with who they got the shell from, not the company itself. all will be fine as soon as it gets straightened out. still 10 days without trading is mandatory. the sec will protect us in their weird kind of way, and that is governments way. news at 11
i continue to hear good things about digital post, and, it would be nice to see some of the rumors come to reality, but, at this point they are just that rumors of a great product that has yet to be discovered by those that would benefit most....on the internet scene
Home | Previous Page
SEC Suspends Trading of 26 Companies to Combat Corporate Hijackings
Actions Are First From Enforcement Division's Recently-Formed Microcap Fraud Working Group
FOR IMMEDIATE RELEASE
2008-41
Washington, D.C., March 13, 2008 - The Securities and Exchange Commission today suspended trading in the securities of 26 companies that appear to have usurped the identity of defunct or inactive publicly-traded corporations using a tactic known as corporate hijacking. The Commission ordered the suspensions because of questions regarding the adequacy and accuracy of information pertaining to their status as publicly-traded companies.
The trading suspensions are part of the SEC's stepped-up effort to address fraud involving the securities of non-exchange traded, or microcap, securities. These are the first actions resulting from the recent formation of the Enforcement Division's microcap fraud working group. In March 2007, the Commission suspended trading in the securities of 35 companies as part of the SEC's Anti-Spam Initiative, which targets potentially fraudulent spam e-mail.
"Microcap investing involves thousands of companies and hundreds of thousands of investors. Keeping this tier of the market honest and free of fraud is every bit as important to investor confidence as our regulation of the world's largest companies and exchanges," said SEC Chairman Christopher Cox. "These trading suspensions demonstrate the SEC's intensified commitment to eradicating microcap fraud. The trading suspensions, and the actions that will follow, should leave no doubt that the Commission will use all of the weapons in its arsenal to combat those who threaten the integrity of our markets."
Linda Chatman Thomsen, Director of the SEC's Division of Enforcement, added, "Hijackings are a burgeoning problem, and a type which the Division's microcap fraud working group was created to address. Today's trading suspensions are squarely aimed at putting the market on notice about the risks associated with acquiring non-operational or 'shell' companies, and with investing in microcaps. This is a first step. We will continue to vigorously investigate those involved."
In conducting the corporate hijacking, certain persons appear to have incorporated each of the 26 companies using the same name as a then defunct or inactive publicly-traded corporation. For identification purposes, each class of an issuer's publicly-traded securities is assigned a ticker symbol by Nasdaq Reorganization and a CUSIP number by the Standard & Poor's CUSIP Bureau. These same persons appear to have usurped the CUSIP numbers and ticker symbols assigned to the defunct or inactive corporations' publicly-traded securities for use by the newly-incorporated entities. They then appear to have obtained new CUSIP numbers and ticker symbols in lieu of the old ones, also for use of the newly incorporated entities, by apparently representing falsely that they were duly authorized officers, directors, or agents of the original publicly-traded corporation.
The trading suspensions will last for 10 business days. The trading suspensions commenced today at 9:30 a.m. ET and terminate at 11:59 p.m. ET on March 27, 2008.
The 26 companies whose trading was suspended today are: Andros Isle Development Corp. (AVPJ); Asante Networks, Inc. (ASTN); Beluga Composites Corporation (BGCC); Cobra Energy Inc. (CBNG); Complete Care Medical, Inc. (CCMI); Disability Access Corporation (DBYC); El Alacran Gold Mine Corp. (EAGM); Extreme Fitness Inc. (EXTF); Gaming Transactions Inc. (GGTS); Global Equity Fund, Inc. (GEQF); HealthSonix Inc. (HSXI); IQ Webquest, Inc. (IQWB); JSX Energy Inc. (JSXG); Kensington Industries, Inc. (KSGT); Kingslake Energy Inc. (KGLJ); L International Computers Inc. (LITL); Let's Talk Recovery Inc. (LKRV); Mobilestream, Inc. (MSRM); Mvive, Inc. (MVIV); Native American Energy Group Inc. (NVMG); Paramount Gold and Silver Corp. (PZG); Regal Technologies Inc. (RGTN); Remington Ventures, Inc. (REMV); Straight Up Brands, Inc. (STRU); Transglobal Oil Corp. (TRGO); and Turquoise Development Company (TQDC).
The Commission cautions broker-dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by these companies. Further, broker-dealers should be alert to the fact that, pursuant to Rule 15c2-11 of the Securities Exchange Act of 1934, at the termination of the trading suspensions, no quotation may be entered unless and until the broker-dealer has strictly complied with all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to the securities of this company that has been subject to a trading suspension until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. Any broker or dealer with questions regarding the rule should contact the staff of the Securities and Exchange Commission in Washington, D.C. at (202) 551-5720. If any broker or dealer enters any quotation that is in violation of the rule, the Commission will consider the need for prompt enforcement action.
The Commission acknowledges the assistance and cooperation of the Royal Canadian Mounted Police, the Ontario Securities Commission, the U.S. Attorney's Office for the District of New Jersey in Newark, the U.S. Attorney's Office for the Middle District of Florida in Tampa, the Newark and Tampa Field Offices of the U.S. Secret Service, and the Financial Industry Regulatory Authority (FINRA).
Any investor or other person with information relating to this matter is invited to contact the staff at (202) 551-4600 or by e-mail at ENF-26suspensions@sec.gov.
still waiting on any life and movement. i am anticipating a pr or so, we shall see
digging is good. hope to see some action in it in the short term. news at 11
New Focus Pick Update
Axial Vector Engine Corp.
(PK: AXVC, Frankfurt: BAE1)
More News Released Today
Axial Vector to Unveil its AVEC Multi-Fuel GENSET in Dubai as the “New Era in Power Production”
AXVC Starts Move Higher!
New pick hits .68 per share yesterday on active volume up as much as 36% from our profile price
The Green Baron Report upgraded Axial Vector last Wednesday, March 5 from a stock alert to a fully profiled pick when it was trading at .50 per share. Yesterday, Monday, March 10, AXVC hit an intraday high of .68 per share up as much as 36% from our original profile price. Once again, we expect this is just the beginning of the upward trend.
Axial Vector announced yesterday during trading hours that its Dubai investor has agreed to freeze any future stock purchases in the Company unless it has traded in excess of $4.00 per share for ten consecutive trading days or there is a two-thirds majority vote to do so by the shareholders. The EICA has confirmed yet again to provide project financing to AVEC of $45,000,000 for its engine and generator technology rollout.
The Green Baron Report confirmed through its source last night that EICA can still buy AXVC stock through open market purchases. However, the Company will not issue new treasury stock to EICA below $4.00 per share, and EICA has agreed not to seek out large blocks of stock from existing shareholders to purchase at these low prices to gain majority control of the Company. In essence, this agreement should be very good for the general shareholder base.
AXVC closed trading up .07 per share to .67 per share on volume of 276,600 shares, the higher volume in one day since August last year. A move over .75 per share on active volume confirms a technical breakout according to our charts. If this happens, we would not be surprised to see AXVC trade well above $1.00 per share quickly. The long-term technical picture would also look tremendous.
Another press release issued this morning by Axial Vector Engine is further evidence that the Company believes its revolutionary power generator represents a monumental advancement in energy technology. The WETEX show in Dubai over the next few days is the first time potential buyers can see the finished product and begin to place orders. Remember to listen to the AXVC webcast that is now available at http://www.thegreenbaron.com/Webcasts.htm.
DUBAI, United Arab Emirates, Mar 11 (PRNewswire-FirstCall) – Axial Vector Engine Corporation (Pink Sheets: AXVC) (Frankfurt: BAE1) announced the arrival of its 200 KW GENSET to Dubai for the WETEX energy show that will continue through to Thursday, March 13.
Local newspapers published interviews with Mr. Ahmed Khalifa, Chairman of AVEC who discussed the revolutionary implications of the first multi-fuel engine and generators capable of producing “Carbon Credits” while at the same time producing low cost mobile power.
The ability to add a second stream of income, by selling carbon credits, to a power generation scenario represents a new era in generator development.
Carbon credits are valued currently at 15 Euros and are forecast to skyrocket in future years as the global warming epidemic continues. Our Gensets are the only multi-fuel 200kw units qualified for these credits.
The urgency of reducing carbon emissions to combat global warming is well-addressed with the introduction of the AVEC technologies.
Pictures of the GENSET on display at the WETEX show can now be viewed on the company’s website at www.axialvectorengine.com
Mr. Ahmed Khalifa, Chairman of AVEC stated, “There is a significant need for portable multi-fuel power that can be produced and deployed quickly and in very large quantities that also lower the carbon and pollution gases. We are proud to introduce this new solution to a world problem in my home country of Dubai”.
Axial Vector(TM) Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC.PK) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size.
Forward-Looking Statements
This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth, may be significantly and materially impacted by certain risks and uncertainties, including, but not limited to, failure to meet operating objectives or to execute the operating plan, completion, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission. Axial Vector Engine Corporation
avec@emiratescapital.net
One World Trade Center
121 SW Salmon Street, Suite 1100
Portland, Oregon USA
(503)471-1348
www.axialvectorengine.com
SOURCE Axial Vector Engine Corporation
interesting company with interesting unique products. there is a definite need for this and i would not be at all surprised to see someone come and scoop this lil company up, lock, stock and barrel......is billy gates listening? maybe steve jobs? oh yea, or perhaps the myspace girls?
i expecting big news out of dubai this week where the product is being put on display and demostrated. i would hope the monied middle east personnel will be impressed enough to throw big bucks at it and watch it fly. we shall have to wait and see......i have placed my bets and am on hold, waiting.....news at 11
up again today, just keeps slowly rising , which is better than zooming.....up up up and away
so are we zero days and counting down yet?
whats the results?
dusty i was buying at 0011 & 0012....cuz i want to rock n roll...
UP 12% since 1.30 eastern time, wednesday
due primarily from stock pickers selecting axvc as their stock most likely to double by end of march.
a day traders dream has joined in with those who think great things are possible in the short term and long term of axvc...and have made it their latest pick as well on yahoo groups
mister hollen, time to use your vast arsenal of skills and make the ibox light up and dance, isnt it???
AXVC stock pick news release of Green Baron
axial Vector Engine Corp.
(PK: AXVC, Frankfurt: BAE1)
New AXVC Webcast Coming Monday, March 10!
EICA Senior Managing Director Amash Masom to Conduct Exclusive Webcast with The Green Baron Report to Discuss Axial Vector Engine
Newly Upgraded Green Baron Pick Rallies 12% Yesterday from Profile Price; Members are strongly Encouraged to Accumulate Now!
The Green Baron Report upgraded Axial Vector yesterday from a stock alert to a fully profiled pick. We are 100% convinced this stock is headed north. AXVC is going to introduce its first commercial product next week at the WETEX conference in Dubai and we believe the world is going to become believers in this company.
Let’s be absolutely frank here. The only low priced stocks that are going to go up during this current credit crisis / recession are those that are either selling a ton of product or have significant cash backing them. The EICA that has bought a large percentage of stock in AXVC and is about to purchase Adaptive Propulsion Systems in Detroit for cash is chaired by a member of the Royal Family of Dubai, United Arab Emirates.
Have you noticed the price of oil right now? It just hit $104 per barrel, an all-time high even if you account for inflation. As a result, who do you think is making money hand over fist right now? It’s the same people that are backing Axial Vector Engine. In addition, we believe Axial Vector is going to accept a large number of orders after demonstrating its new generator technology at the show next week. So there you have it, a company backed by huge money with a product that should start selling in huge quantities.
The Green Baron Report firmly believes AXVC is going up whether you are in it or not, but we certainly prefer that our members are in. If there is ever a stock to believe in, it’s right here. If you need more convincing, just listen to the webcast we will be providing on our site beginning Monday, March 10. Don’t be a spectator on this one!
DUBAI, United Arab Emirates, Mar 6 (PRNewswire-FirstCall) – Axial Vector Engine Corporation (Pink Sheets: AXVC) (Frankfurt: BAE1) announces that EICA Senior Managing Director Amash Masom will conduct an exclusive new audio-taped webcast interview so that AXVC shareholders and the investment community can learn more about the current and future prospects of Axial Vector Engine. Unrestricted access to the webcast will be available beginning on Monday, March 10 at The Green Baron Investors Society’s website www.thegreenbaron.com. Investors who wish to receive The Green Baron Report for free can join at http://www.thegreenbaron.com/join.
In addition, a new pick profile report on Axial Vector Engine Corporation was issued by The Green Baron Report yesterday, March 5 and is now available on our website. The profile discusses Axial Vector’s revolutionary portable low cost power generator that will go on display at next week’s WETEX Conference in Dubai from March 11-13.
This webcast will be available as well at www.StrictlyStocks.com, “Where Wall Street speaks to the World”.
Axial Vector(TM) Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC.PK) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size.
New Webcast Stock
SpongeTech Delivery Systems, Inc.
(BB: SPNG)
New Webcast Available Beginning Tuesday, March 11!
SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) COO Steven Moskowitz to Conduct Webcast with The Green Baron Report
The Green Baron Report was able to secure a webcast interview with SpongeTech COO Steven Moskowitz. SPNG has become one of the most actively traded Bulletin Board stocks due to very solid press releases discussing sales of its unique sponges throughout the world. This is an interview you do not want to miss. Check out the chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spng&sid=0&o_symb=spng
NEW YORK, March 6 /PRNewswire-FirstCall/ -- SpongeTech Delivery Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce that COO Steven Moskowitz will conduct a new exclusive webcast interview with The Green Baron Report so that SPNG shareholders and the investment community can learn more about the current and future prospects of the company. Unrestricted access to the webcast will be available beginning on Tuesday, March 11 at The Green Baron Investors Society’s website www.TheGreenBaron.com. Investors who wish to receive The Green Baron Report for free can join at http://www.thegreenbaron.com/join. This webcast with SPNG will also be available at www.StrictlyStocks.com, “Where Wall Street speaks to the World”.
For more information please contact Investor Relations at 1-877-SPONGE T or visit the company website at: www.spongetech.com.
About SpongeTech Delivery Systems
SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.
Contact:
SpongeTech® Delivery Systems, Inc.
info@spongetech.com
Webcast Stock Update
U.S. Mine Makers, Inc.
(OTCPK: USMM)
News Just Released this Morning
U.S. Mine Makers, Inc. to Conduct Further Assays and Feasibility Study to Put Idaho Mine Site into Production
The potential for U.S. Mine Makers still perks our interest. We encourage members to continue keeping USMM on your radar and do some due diligence. Mining assets continue to rise and we believe these guys know what they are doing.
PALM DESERT, CA, -- March 6, 2008 (PRIMEZONE via COMTEX) U.S. Mine Makers, Inc., (Pink Sheets: USMM); announced today that CEO Ronald Bell will conduct an inspection of USMM’s Idaho mine site, March 11th through the 14th. Mr. Bell will verify all existing claims and entitlements along with the possibility of purchasing new and adjacent claims. Mr. Bell will also conduct a full production feasibility study on a local processing plant, with the intentions of retrofitting the facility to process 200 TPD of ore body, using existing machinery owned by USMM at the site. Additional ore samples will be obtained for assay to estimate the potential value of the properties.
About U.S. Mine Makers, Inc.
U.S. Mine Makers, Inc. is a mining and exploration company using ‘eco-friendly’ technology. Besides its precious metals mining operations, the company also prides itself as an ‘eco-friendly’ mine restoration company that uses its own modern technology to clean up toxic mine sites. The company motto is, “We Clean the Planet - One Mine Site at a Time.” U.S Mine Makers, Inc. has executive offices in Palm Desert, California and maintains a web site at: www.usminemakers.com
Source: U.S. Mine Makers, Inc.
CONTACT: 760-360-9547
Ron Bell
well two days after green baron makes axvc their stock pick and it's on it's way up, 12% or more in two days. now next week in dubai there is suppose to be more news on where the co is headed and what they have in mind. looks promising.
is this the idoitbest honolulu style?
iam very pro axvc and have made it a club pick at a day traders dream on yahoo. i would love for the 12% rise in the past 2 days go up to a buck. we shall see. news expected nexxt week
are they going to drive the chrysler 300 to canada or mexico?
the pump was on big time last may, but, things did not develop as promised and the pumpers ran away.....they still own the stock, but, no longer promote it. waiting for another day and the company to do what they said back then. ice cold stocks and green baron still are positive on hsxi, but, backed off of their then 50% to 100% increases in two to four weeks. it is a differnt one alright, in the penny game, but, then it has a REAL product. therein lies the gold.
buying shells is an interesting aspect of the pinks. dont be fooled by the hot dog company that once was and is now a nuclear developing enterprise. the cost of creating a company on the exchange, pink or not, is stagering. buying a shell, that has had a history of being many companies over the years , is cheap in comparrison. getting a ''clean'' shell is the challenge, not the fact that it is done regularly.
personal atacks are when one poster calls another poster names that are not civil nor show respect and dignity.
as an example:
''oh, xxxxxx, when will u come to your senses''
the xxxx's indicate where you took artistic license in being detremental to the poster on a personal basis.
REASONS FOR POST REMOVALS
1. PERSONAL ATTACKS
2. DULICATE POSTS
3. SPAM, ADS, PROMOTIONS
4. VULGARITY
5. OFF TOPIC
6. AUTHOR REQUESTS REMOVE POST
7. VIOLATION OF PRIVACY
8. THREATS
IF IT IS DETERMINED, BY THE POWERS THAT BE, THAT THERE ISN'T SUFFICIENT CAUSE FOR REMOVAL, THE POST SHALL BE RESTORED
SUBSTANCE IS APPRECIATED
you're dismissed
i may disagree with what you say, but, i shall defend to the death your right to say it.