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I sent my form in this afternoon. EM
The TA has not reduced the amount of shares outstanding.
So I think if he has, I don't think he informed the proper people for us to be able to prove that he did.
That is entirely possible if he has his certs.
L6
Yes penny did state that. EM
Is that they best you guys can come up with? Conversion rate is 1 for 1 and stated some many times.
We will see when it happens. You are entitled to your opinions no mater how far fetched they are.
GLTY
L6
Lordy, you should put your money in a savings account.
Investing 101 I suggest you apply this "theory" to all information when investing.
L6
It is up to every individual to do their own DD. I have done mine and I will stand by it and the company.
That is my stance.
l6
I don't think you want to go and start playing with the big dogs puppy.
Proof is all I am asking for and you don't seem to have any.
L6
Yes, unless you can prove it, be skeptical. EM
You guys got to be kidding me.
Where is the scam stranger? I just can't seem to find it?
Shayne wants to steal my .0085 shares?
What will he do with them?
Where is the money in that?
Also I believe he can issue himself billions of shares if he wanted? But he wants to SCAM all of US? Is that correct?
What is the end game?
L6
I understand that you pull things out of thin air and try to make them fact.
Ya I got it alright.
I promise you that!
L6
Everyone is real big on the word promise! Can you or anyone else show me anywhere in any Buzz PR the use of the word promise?
Not that I think you are trying to spin anything, would just like to see that word.
Also you might try reading the disclaimer and forward looking statements portion of ANY and ALL Pr's
GL
l6
Typical basher speak.
I am now convinced. Who are you to say that this cannot happen and what info can you provide to back up your statements?
I understand you are upset but that does not qualify your statemest of this tranaction not being possible.
What did the SEC tell you?
GLTU
L6
Can you please provide a link to such info? I can not find it anywhere that this would be a problem?
TIA
L6
Google and Baidu Rival Buzz Plan to Stop Short Selling before Hong Kong IPO
Oldie but a goodie
2008-07-17 11:14:34 - Buzz Technologies Inc (OTC:BZTG) has for sometime believed the company's share price has been affected by naked short selling. To Combat the naked short selling the company has announced a 1 for 1 exchange to a new foreign entity to be traded in Hong Kong and has deemed it prudent to issue a dividend in the form of a currently non tradable security from one of the Buzz Venture Capital investments that represents a distribution of part of that investment to shareholders.
This procedure although having no direct financial impact on the shareholders in the short term, as the listing of any such security would be 12 to 18 months away, it will provide a valuable marker to identify and quantify those brokers who are holding short positions in the stock. A determination of which equity will be made at company meeting
from July 21st to 23rd when management from China, Thailand, India and the Philippines will be attending the Buzz Integration and Unification Conference.
Naked Shorting has long been an issue at Buzz and across the entire American Market for sometime, while many have claimed at various points there is no such thing as naked shorting, last weeks action by the SEC followed by further action this week has left little doubt in anyone's mind that the problem is a serious threat not only to companies but to the US economy as well.
Details of the SEC action.
US corporate regulator, the Securities and Exchange Commission, has invoked emergency powers to put a temporary ban on "naked" short selling of securities in the troubled mortgage financiers Fannie Mae and Freddie Mac and several investment and commercial banks.
In taking such drastic action the SEC made it clear it was motivated by concern that short sellers had been destabilising the stock market by deliberately spreading false rumours about companies in an attempt to drive down their share price and enable the sellers to cover at a profit.
The SEC only last Friday announced it intended to immediately conduct investigations aimed at preventing the manipulation of share prices by intentional spreading of false information, but even if the commission can find proof it would take time. Slapping a temporary ban on short selling may be a more effective way of taking some of the stock market heat off financial stocks, particularly Fannie Mae and Freddie Mac.
The SEC has long had the power to make emergency orders, but seasoned observers cannot recall it previously being invoked, describing the latest move as unprecedented.
Normally, a proposed rule change by the SEC takes at least two months and must involve public consultation. In fact, the commission already had such a proposal under way on what it called abusive naked short selling.
Naked short selling -- selling securities the seller doesn't own or hasn't made arrangements to borrow -- is covered by the SEC's existing anti-fraud rules on manipulation of stock prices. The practice is technically not illegal but dealer-brokers are required to have "reasonable grounds" to believe the securities can be borrowed to allow settlement.
Until now, the brokers have been able to rely on the assurances of customers, but the SEC proposes to put the onus on the sellers by making it unlawful for them to deceive brokers-dealers as to their ability to deliver securities on time.
This rule change is now out for comment but the SEC has obviously decided it can wait no longer. Its emergency order stipulates that a seller must have made arrangements beforehand to borrow securities before going short -- that is, naked shorts are banned and only covered shorts will be allowed.
However, the order doesn't apply until Monday and only lasts for nine days. The SEC can extend the order but it cannot apply for longer than 30 days.
The order applies to only 19 stocks at present, including Fannie Mae, Freddie Mac, Lehman Brothers, Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Daiwa Securities, Deutsche Bank, Allianz, Goldman Sachs, HSBC, JPMorgan, Merrill Lynch, Morgan Stanley and UBS.
However, SEC chairman Christopher Cox told the US Senate Banking Committee that the regulator would introduce a rule to "address the same issues across the entire market".
The SEC says it has acted because false rumours can lead to a loss of confidence in the market, resulting in panic selling, which is exacerbated by naked short selling. As a result the prices of securities may "artificially and unnecessarily" decline well below those resulting from the normal price discovery process.
In recent days, the regulator says, false rumours have continued to threaten disruption of the market. As a result, the commission has concluded "there exists a substantial threat of sudden and excessive fluctuations of securities prices generally, and disruption in the functioning of the securities markets that could threaten fair and orderly markets". Hence the emergency order.
It's difficult to avoid the conclusion that the main aim of the ban is to defeat, or at least slow, the bear attack on Freddie Mae and Freddie Mac, which between them guarantee $US5 trillion, or half, of the US's home mortgages, and which have lost two-thirds of the value of their securities in recent trading.
A collapse of that duo would have had such dire consequences the US Government has been forced to agree they will be allowed to borrow from the Federal Reserve and the Government will inject funds, if necessary, by buying equity in the companies.
Short selling is not responsible for the slump on Wall Street and other markets throughout the world, including Australia. Blame that on the sub-prime crisis -- the widespread securitisation of sub-quality mortgages, and the resulting dislocation of the debt and equity markets.
However, the SEC is not alone in focusing on short selling. In Britain, where some of the country's major banks have been forced to raise equity from shareholders, the regulator, the Financial Services Authority, has required disclosure of short positions during rights issues if they exceed more than a mere 0.25 per cent of the company's capital and has threatened, if necessary, to take further measures, such as limiting stock lending during a rights issue.
The Australian Securities and Investments Commission has confirmed that it is paying closer attention to the circulation of false rumours to push down the price of a company's securities, warning that it is a criminal offence. The regulator has made formal requests for information from a number of market participants about trading in certain securities. Short selling has also come under heavy criticism in Australia, particularly following the collapse of Opes Prime and Chimaera, which used a stock lending model for their margin lending activities, resulting in retail clients unwittingly handing over legal title to securities that they put up as collateral.
Australia generally has better rules than the US on short selling, including a rule that no more than 10 per cent of a company's securities can be short sold, and the uptick rule, which prevents shares being shorted at a lower price than the previous ordinary sales.
The US used to have an uptick rule but scrapped it a year ago, which many contend has led to an increase in short selling and much greater market volatility. A leading US law firm, Wachtell, Lipton, Rosen and Kratz, has called on the SEC to reinstate the rule.
About Buzz
Buzz Technologies, Inc. is a convergent media company with operations ranging from infrastructure development to online retail.
The foregoing press release contains forward-looking statements based on the Company's beliefs as well as assumptions made by and information currently available to the Company, including statements regarding the timing of the introduction of certain products. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties which are identified and described in the Company's registration statements and periodic reports on file with the SEC, some of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, issues related to the travel and transportation industries, and prevailing economic conditions in general. In light of these risks and uncertainties, or should underlying assumptions prove incorrect, there can be no assurance that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate.
Archer Asia Attends the Thai-Asean News Network Launch Sarosha Pornudomsak with the Prime Minister
Didn't want this to be missed.
Showing 1 of 3 Archer Asia and Heffernan Inc were among the guests invited to celebrate the launch of Thailand’s 1st ever all English News Channel. Well wishers included the Thai Prime Minister Abhisit Vejjajiva and senior ministers of the Thai Government.
Aimed to showcase all aspects of the Kingdom of Thailand and countries throughout the entire ASEAN regions to its both Thai and foreign viewers, Thai-ASEAN News (TAN) Network or the former Thailand Outlook Channel (TOC) broadcasts via Asia Satellite Television (ASTV). Despite the same broadcasting entity, TAN Network is absolutely independent from ASTV. Broadcasting entirely in English from the Thai capital of Bangkok, TAN Network is operated and managed by Thai nationals. It offers a perfect arena for everything you need to know about Thailand and of countries throughout the entire ASEAN region. The end-goal of the channel is to give a voice to the untold stories throughout the land, promote debate, and challenge established perceptions that surround the Thai media.
A widespread distribution network is also under way to ensure that the channel’s viewers, regardless of where they are, can access the network. A recent poll conducted by Assumption University estimates TAN Network viewers at around two million and that figure is constantly on the rise. The poll also concluded that TAN Network is the most widely watched English news channel in Thailand.
TAN Network is now carried by all members of the Cable Operators Association of Thailand, thus ensuring that it can be viewed in all 76 provinces across the country. At present TAN Network can also be viewed via the Internet at www.tannetwork.tv. A large number of the channel’s outstanding programs are carried via the ASTV-US feed, widely watched by Thais and foreigners living in the United States and elsewhere around the world.
TAN Network encompasses both news and entertainment content. The channel’s news programs focus on giving both general information and in-depth analysis to the key issues that make the headlines in the kingdom, allowing non-Thai visitors to understand what’s going on in the country.
VN:F [1.6.2_892]
http://www.livetradingnews.com/archer-asia-attends-the-thai-asean-news-network.htm
Too Funny....
Thats not toll free either, I imagime penny will not pay to call them.
You guys seemed rather upset at the course that BZTG is taking. I imagine you would feel better if you were going along for the ride instead of standing in front of the train.
GL
L6
Just a little early on your shouting. Let me know how your conversion goes.
Will be out on the wires later today.
NO SCAM...
Good Luck.
http://www.livetradingnews.com/moving-from-bztg-to-heffernan-inc.htm
Should be very interesting to say the least. No fork in this one yet IMO.
Give them a call. Hasn't changed. EM
You know where you can send your "Hard Questions" 7@12buzz.com
Or you can sit here on your controlled board and do as you wish.
I know the answer already.
GLTU
Lowe6er
Please share you DD with the rest of the board. TIA.
I like watching 2 Non Shareholders talk to each other and bash every single bit of information that is out about BZTG.
Wonder why most have stopped trying to publish info here.
Keep it classy,
L6
Ex NASA, DoD Exec Joins Heffernan Inc
Showing 1 of 2 Somyos Durongkadej, the CEO and Project Advisor of Solasia Inc and Asian Energy Inc (both 30% held by Heffernan Inc and contracted to Ebeling Heffernan for listing) has joined the Heffernan Inc Team.His wide experiences in key sectors will be invaluable to Heffernan Inc.
The Heffernan Inc Solar investments have already signed Govt contracts for the supply of solar energy, the companies are also in talks with Govts in Laos, Cambodia and China. The proprietary technology developed by Somyos sits at the core of the groups success.
Somyos always had his interest in home use innovations since he was young. As a university student, he achieved his first degree in Electrical Engineering from Chulalongkorn University, one of the most prestigious educational institutions of Thailand, his motherland. At the early age of the industry Computers were still relatively new not only in Thailand but in most parts of the world Somyos decided to go abroad to extend his education as well as gain life experience in Canada. He took Computer Technology at the Control Data Institute of Technology, Montreal. While venturing into something completely new, Somyos still worked as an Electrical Engineer at Electrical Authorities of Quebec. He was also one of the System Analyst team at the Control Data Institute of Technology.
Somyos had found that the Computer Technology complemented his knowledge in Electrical Engineering and that he should further seek the in-depth education in Computer field. He arrived in the USA in 1977 where he later spent his next 20 years as a proven valuable workforce of the industry. Somyos enrolled in Digital Computer Engineering Department at Oklahoma State University, Still Water. As he was eager to excel, Somyos took a Teaching Assistant job at the Computer Science Department at the university. He also gained on-site experience as the Research Assistant of the Fiber Optics Project for the Electrical Engineering Department at the university as well.
Somyoses’ increasing interest in Electrical Engineering led him to do the Master Degree of Hybrid and Communication in Electrical Engineering at the University of Missouri. Whilst in pursuit of his Master Degree he took the Teaching Assistant position at both Computer Science Department and Electrical Engineering Department of the university. Moreover, as a Research assistant of the Electrical Engineering Department of University of Missouri, Somyos joined the Fault Tolelant simulation and the Land Satellite NASA Project.
After he finished his Master, Somyos joined Fairchild Co., Gathersberge in Maryland as the Production Engineer. He later moved to IBM in the same town as System Analyst. In the year 1982 he was at the University of Washington DC. as the Computer Coordinator.
Early of 1982 he accepted the offer of Land Satellite Specialist at NASA Greenbelt, Maryland. He then joined DOD (Department of Defense) in Washington DC. as the Computer Specialist in charge of electronic computer security in mainframe.
After 20 years in America Somyos felt it was time to return home. He was recruited by Siam Cement Group as the Head of Mainframe Computer for 4 years. Metropolitan Bank of Thailand hired him as the Vice President of IT. Later Somyos ventured in the automobile industry. He was Managing Director of Thaiyang Kijpaisan Automotive Parts Co., Samutprakarn, Thailand, V-Metal Thai Co., Bangkok, Thailand, Mazuma (Thailand) Co., Bangkok, Thailand and Multi-Merk Co., Bangkok, Thailand.
Meanwhile Somyos was giving his service as the Head of Consultant of ITB Government Program to several entities being Textiles Group, Automotives Group and Electrical Group of Bangkok where he guided the company under each groups through and help them comply with the Thai government rules and regulations for each industry. Because of his reputation in various business sectors Somyos was selected to be a senator candidate for Bangkok, Thailand.
In 2003 Somyos joined B&W Autoparts of Japan a tier 1 company in Bangkok as the General Manager prior to his role as the Managing Director at Chemplus Group who produce the chemical used in the biggest industry of the Thailand, agriculture.
His vast knowledge and experience in Electrical Engineering eventually brought him back as the Managing Director of PS Factory Home Appliances and the CEO of Solasia Inc and Asian Energy Inc.
At the age of 59 Somyos is an expert for Designing, Manufacturing and System Analyst both application and system software programming. He excels in the area of Designing and Manufacturing water treatment system for drinking, industrial usage and waste water as well as Manufacturing Processing, Steel Fabrication and Chemical for Agriculture.
VN:F [1.6.2_892]
http://www.livetradingnews.com/ex-nasa-dod-exec-joins-heffernan-inc.htm
I think this plan is ingenious. The other Arm-chair CEO's on this board might have a different opinion.
My money is riding on Heffo.
Good Luck,
L6
http://www.livetradingnews.com/interview-with-shayne-jack-heffernan-of-heffernan-inc.htm
I think this will give you a good idea of what is going on.
L6
Can you please explain to me why the Heffernan-Inc board was deleted?
Lowe6er
I got an alert from live trading news.
http://pennystocks.12buzz.com/
They profile some pretty good winners. You can susbscribe on the front page. They call it their hotlist.
Anyway SMS states..... Wait for it....
"News of NXHZ expansion into China expected in a week"
Fasten your seat belts going from international to global.
GLTY
L6
Past winners npws at 1 cent gfgu @ 25 aemc @ .03 and hytm one that I am fond of is getting ready to launch.
Need 4 post so I can mod this board. I think this thing will break a buck by the end of Aug.
why do i think that?
Because they have to in order to keep there listing on the NAS.
I think they will.
L6
MM's are messing around this is a great entry point for anyone sitting on the sides.
thank me later.
L6
K guys you are all mods thanks for the help.
GLTY
L6
Hey.... Let me know if you want to hop on as an asst mod. I pretty much took the job to be able to delete basher posts since it was wide open.
I am not much of an iboxer.
Let me know
Thanks
L6
Head over to pinksheets.com and pull up a quote for BZTG.
You will see it there.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=bztg
L6
INSIDER TRADING WARNING
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
Anyone care to explain why this is on the Pinksheets when you go to get a bztg qoute?
Wasn't there a day ago.
L6
Deals are coming IMO. Its another slow mover but the short positions have been on the decline for months now. Down 66% in the last couple of months.
we should all know by the end of August.
L6
From what I hear they are just a little bit behind schedule. I think we will see some news coming out this week or next. It will also be much bigger news than the last weak PR.
I picked up some 4's and know of some pretty big holders. 5 million plus that assure me we will be trading at much higher levels soon.
Hold tight is my opinion.
L6
Someone was picking up some shares late in the day...
:40:10 PM Ask 0.31 11000
4:40:10 PM Ask 0.3 200
4:38:32 PM Ask 0.3 300
4:38:32 PM Ask 0.31 11000
4:38:31 PM Ask 0.3 100
4:38:09 PM Ask 0.3 300
4:38:08 PM Ask 0.31 11000
4:38:08 PM Ask 0.3 100
4:37:47 PM Ask 0.3 300
4:37:46 PM Ask 0.31 11000
4:37:46 PM Ask 0.3 100
4:37:01 PM Ask 0.3 300
4:37:00 PM Ask 0.31 11000
4:37:00 PM Ask 0.3 100
4:36:53 PM Ask 0.3 300
4:36:52 PM Ask 0.31 11000
4:36:52 PM Ask 0.3 100
4:36:29 PM Ask 0.3 300
4:36:28 PM Ask 0.31 11000
4:36:28 PM Ask 0.31 5000
4:36:28 PM Ask 0.3 100
4:35:02 PM Ask 0.3 300
4:35:01 PM Ask 0.31 5000
4:35:01 PM Ask 0.3 100
4:34:50 PM Ask 0.3 300
4:34:49 PM Ask 0.31 5000
4:34:49 PM Ask 0.3 100
4:34:12 PM Ask 0.3 300
4:34:11 PM Ask 0.31 5000
4:34:11 PM Ask 0.3 100
4:33:53 PM Ask 0.3 300
4:33:52 PM Ask 0.31 5000
4:33:52 PM Ask 0.3 100
4:33:42 PM Ask 0.3 300
4:33:41 PM Ask 0.31 5000
4:33:41 PM Ask 0.3 100
4:33:18 PM Ask 0.3 300
4:33:17 PM Ask 0.3 100
4:32:57 PM Ask 0.3 300
4:32:56 PM Ask 0.31 5000
4:32:56 PM Ask 0.3 100
4:32:47 PM Ask 0.3 300
4:32:46 PM Ask 0.31 5000
4:32:46 PM Ask 0.3 100
NexHorizon Communications, Inc. Increases Internet Speed
WESTMINSTER, Colo., Jul 28, 2009 (GlobeNewswire via COMTEX) -- NexHorizon Communications, Inc. (Pink Sheets:NXHZ) today announced it has completed the next increase in High Speed Internet upgrade for NexHorizon Broadband (formerly Chula Vista and National City cable) systems located in Southeast California. The completed upgrades include expanding the former 5 Meg Internet Service to up to 15 Meg High Speed Service. The existing and future customers will see significantly faster Internet speeds and greater bandwidth to expand services, i.e., more digital video channels and digital voice (VoIP).
"The feedback from existing customers has been outstanding, and the company is already signing up new customers daily as a result of the upgrade and new marketing strategies. The upgraded network will provide high-speed Internet subscribers with up to 15 meg service and will give them greater opportunities to experience all the Internet has to offer," said Calvin D. Smiley, Sr., NexHorizon Communications, CEO.
About NexHorizon Communications, Inc.
NexHorizon Communications, Inc. (NXHZ) is focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. On January 1, 2008, NexHorizon Communications acquired the assets of Chula Vista Cable, LLC and the stock of National City Cable, Inc., which we renamed NexHorizon Broadband of Southern CA, Inc. ('NBSC') NexHorizon also operates cable systems in Colorado. NexHorizon is focused on delivering a true "triple-play" of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and other related broadband solutions. The Company plans to acquire additional rural cable television systems and synergistic technology to assist in executing its Strategic Business Plan.
SAFE HARBOR STATEMENT
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 NexHorizon Communications, Inc. (NexHorizon) may differ materially from these statements due to a number of factors. NexHorizon 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 GlobeNewswire, www.globenewswire.com
SOURCE: NexHorizon Communications, Inc.
By Staff
CONTACT: NexHorizon Communications, Inc.
Calvin D. Smiley, Sr.
303-404-9700
Investor Services
386-409-0200
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
**********************************************************************
As of Friday, 07-24-2009 23:59, the latest Comtex SmarTrend? Alert, an automated pattern recognition system, indicated a DOWNTREND on 09-29-2008 for NCC @ $2.30.
For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2009 Comtex News Network, Inc. All rights reserved.
-0-
INDUSTRY KEYWORD: Consumer Services
SUBJECT CODE: TELECOMMUNICATIONS
INTERNET
PRODUCT
Product Services Announcement
did they ever do the 7-cent buyback? - no
did they ever get audited financials? - no
did they ever get listed on the hk exchange? -no
did they ever put virtual computers in schools? -no
did they ever get military contracts for communications? -no
did they ever get their website to work in multiple languages? yes
did they ever build their own search engine? -yes
did they ever have the traffic they said they do? - yes
do they really have computers in all these cafes? -yes
6 weeks or less 2 and 3 will be done, I think the audits have been completed already.
L6
Am I talking to myself here? Anyway I think that the news and explaination(s) that we are looking for is right around the corner.
I rate it a hold for most and a buy for myself.
L6
Looks like another prime example of people ready to say the company is making things up with out properly doing any DD.
It looks to me as BUZZ FS is going to be a big part of the company going forward.
Another weapon in their arsenal.
http://twitter.com/buzzfs
L6
NexHorizon Promotes Executives to Cope With Rapid Growth
Press Release
Source: NexHorizon Communications, Inc.
On Thursday July 23, 2009, 9:30 am EDT
Buzz up! 0 Print
Companies:Nexhorizon communications, inc.
WESTMINSTER, Colo., July 23, 2009 (GLOBE NEWSWIRE) -- NexHorizon Communications, Inc. (Pink Sheets:NXHZ - News; www.nexhorizon.us) today revealed it has made significant changes in its management structure to manage the company's speedy expansion and future acquisitions. Calvin D. Smiley, Sr., NexHorizon Communications CEO, said, "I am realigning our executive staff and giving them more responsibilities as we continue to add customers, examine acquisition opportunities, and increase our technical installations. Daniel M. Smith has been promoted to Chief Operating Officer. Mr. Smith was the company's chief financial officer. The company's controller, Ronald VanDzura, will expand his role in the finance area, and current Director of Technical Operations, Jeff Vaglio, has been promoted to Vice President, reporting to Mr. Smith."
Related Quotes
Symbol Price Change
NXHZ.PK 0.05 0.00
{"s" : "nxhz.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} NexHorizon owns and operates cable systems providing modern "Triple-Play" technology to selected areas traditionally overlooked by giant companies, filling a necessary need to thousands of subscribers in the countryside of America. NexHorizon broadened its relationship recently with Players Network, Inc. (OTCBB:PNTV - News; www.playersnetwork.com) by entering a multi-year affiliation agreement to distribute its content on current and future cable television systems.
About NexHorizon Communications, Inc.
NexHorizon Communications, Inc. (Pink Sheets:NXHZ - News) is focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. On January 1, 2008 NexHorizon Communications acquired the assets of Chula Vista Cable, LLC and the stock of National City Cable, Inc., which we renamed NexHorizon Broadband of Southern CA, Inc. ('NBSC').In October 2008, NexHorizon Communications executed a definitive agreement to acquire certain assets and subscribers from Story Communications, passing more than 10,000 homes in the rural communities of Oklahoma. NexHorizon is focused on delivering a true "triple-play" of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and other related broadband solutions. The Company plans to acquire additional rural cable television systems and synergistic technology to assist in executing its Strategic Business Plan.
SAFE HARBOR STATEMENT
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 NexHorizon Communications, Inc. (NexHorizon) may differ materially from these statements due to a number of factors. NexHorizon 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.
Contact:
NexHorizon Communications, Inc.Calvin D. Smiley, Sr.303-404-9700
I think we are at a stalemate with this one for a little while. Just a bit though... Nobody in there right mind will take 3 cents a share and the ones that are holding don't seem to like the 5's till we get a little more info on whats going down at Nex.
I will wait till they get their info in order and let us in on the global business they are building.
GLTY
L6