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Well do we go down from here, or now that the spread has tightened will more buying come in?
Price 3 1/8 Change -1/8 (-3.85%)
Bid 3 1/8 - Ask 3 1/4
Bid Size 500 Ask Size 500
Volume 900 Tick n/
Okay, which one of you just bought 400 shares of HDVG?
Price 3 5/8 Change +3/8 (+11.54%)
Bid 3 1/8 - Ask 3 5/8
Bid Size 500 Ask Size 500
That is true... I wouldn't buy into it either until the date is announced. But if is one that is on our watch lists and it gives us time to DD it to see if it is worth purchasing.
Larry
03/20 09:20 Pitney Bowes Agrees to Acquire Alysis Technologies; Company
PBI.N><ALYS.OB> ($1.39 per share)
Pitney Bowes Agrees to Acquire Alysis Technologies; Company Strengthens Position in Web-Based Document Delivery for E-Commerce
STAMFORD, Conn. & EMERYVILLE, Calif.--(BUSINESS WIRE)-- March 20, 2001--Pitney Bowes Inc. (NYSE:PBI) today announced it has entered into a merger agreement to acquire Alysis Technologies Inc. (OTCBB:ALYS), a leading provider of business-to-business and business-to-consumer digital document delivery solutions, for $24 million in cash. The acquisition will give Pitney Bowes industry-leading software and services that integrate web-enabled documents into overall e-commerce strategies and complement the company's existing capabilities and expertise in this rapidly emerging market.
In the next several days, Pitney Bowes will commence a tender offer at a value of $1.39 per share for the outstanding common shares of Alysis. The companies anticipate that the transaction will be completed by mid-to-late April.
"The contemplated acquisition of Alysis is directly in line with our mission to support our customers' mission-critical mail and document management processes," said Michael J. Critelli, Chairman and CEO of Pitney Bowes. "Increasingly, electronic bills and statements are being recognized as an under utilized opportunity to advance customer relationships. Firms are seeking ways to increase the flexibility of their processes to accommodate customer preferences for web-based self-service, and workflow integration within businesses. Combined, Pitney Bowes and Alysis will answer this need, supporting businesses as they go through the evolution of these critical processes."
Pitney Bowes Document Messaging Technologies (DMT) offers professional services and software solutions for Internet billing and statement presentment and payment applications, and has deployed the Alysis technology for more than two years to provide "best of breed" web-enabled solutions. Current customers of both companies include The Post Office of the United Kingdom, Aetna Insurance, Detroit Edison, Wisconsin Energy, United Illuminating, State of Oregon and the Jersey Post.
"By combining Alysis' technology, talent and customer base with our customer reach, products and service capabilities, Pitney Bowes will be poised to take a significant position in the growing digital delivery environment," said Mr. Critelli. "Given our long-standing and highly successful relationship with Alysis, we anticipate a smooth transition that will enable us to sustain market momentum and handle the increasing demand for implementation services."
"Last fall, we set out to identify strategic alternatives for Alysis, and to that end an acquisition by Pitney Bowes accomplishes that goal," said Kevin Moran, CEO of Alysis. "Through this transaction, the combined resources of the two entities will create a strong global distribution for the Workout(R) technology platform. Both of our companies share similar markets and strategies and together we will be poised to increase market share worldwide."
Alysis' cutting-edge WorkOut server, which enables companies to streamline billing, payment, processing, dispute management, workflow and data analysis, is built on XML technology and an Enterprise Java Beans (EJB) platform. This architecture is uniquely designed for business-to-business and e-commerce applications and ensures seamless integration and effective handling of high volumes of data. It will also drive utilization of Pitney Bowes professional services and related products. "Alysis' combination of a true web architecture, unique product functionality, and business-to-business market focus clearly differentiates it from other electronic bill presentment and payment (EBPP) companies," said Brian Baxendale, President, Pitney Bowes Document Messaging Technologies.
Targeting the business-to-consumer, business-to-business, and internal messaging markets, Pitney Bowes product offerings provide software solutions for Internet billing, payment and statement applications to companies that seek to transition their paper-based billing and statement processes to web-enabled delivery. For billers, Pitney Bowes provides a fast, low-cost way to distribute bills and collect payments, a new, highly-targeted one-to-one marketing channel, accelerated document delivery and receipt of payments, and the capability of extracting bill information and providing it to bill consolidators and consumer service providers.
"Alysis has created a unique, innovative and robust platform that enables organizations to rapidly implement the digital document delivery capabilities they need in order to support their electronic businesses. The combination of this technology with the market reach and financial strength of Pitney Bowes will be extremely compelling for almost any business and will enable us to build a new franchise in a market that has awesome potential," said James Flynn, Chief Operating Officer, Alysis Technologies.
Pitney Bowes is a $4 billion global provider of integrated mail and document management solutions headquartered in Stamford, Connecticut. The company serves over 2 million businesses of all sizes in more than 130 countries through dealer and direct operations. For additional information about Pitney Bowes, please visit our website at www.pitneybowes.com.
Alysis Technologies is a leading provider of component-based e-billing software that snaps-in to any major e-commerce implementation. Its modular Workout products enable companies to solve complex business problems via streamlining billing, payment, processing, dispute management, workflow and data analysis. For more information, please visit http://www.alysis.com.
This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares of Alysis. At the time Pitney Bowes commences this offer, it will file a tender offer statement and Alysis will file a solicitation/recommendation statement with the U.S. Securities and Exchange Commission. The tender offer statement (including an offer to purchase, a related letter of transmittal and other offer documents) and the solicitation/recommendation statement will contain important information which should be read carefully before any decision is made with respect to the offer. Pitney Bowes will make available to all holders of common stock of Alysis, at Pitney Bowes' expense, the offer to purchase, the related letter of transmittal and certain other offer documents and alysis will make available to all its holders of common stock, at Alysis' expense, the solicitation/recommendation statement. The tender offer statement (including the offer to purchase, the related letter of transmittal and all other offer documents filed with the commission) and the solicitation/recommendation statement will also be available for free at the commission's website at www.sec.gov.
This release contains "forward-looking statements" based on management's expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ from those expressed. Factors that could cause differences include: Pitney Bowes' success in obtaining, retaining and selling additional services to clients; the pricing of products and services; overall economic trends, including interest rate and foreign currency trends; stock market activity; electronic bill presentment and payment industry changes; employment levels; changes in technology; availability of skilled technical associates; and the impact of new acquisitions.
--30--mc/ny*
CONTACT: Pitney Bowes Inc.
Sheryl Y. Battles, 203/351-6808
or
Lippert Heilshorn & Associates, Inc.
Kris Otridge, 415/433-3777
( BW)(TX-AMERICAN-MED-TECH)(ADLI) American Medical Technologies Announces Share Buy Back
Business & Health/Medical Editors
CORPUS CHRISTI, Texas--(BW HealthWire)--March 20, 2001--American Medical Technologies, Inc. (Nasdaq:ADLI) announced its intentions to use up to $1,000,000 to purchase its stock on the open market.
"In view of the fact that the current price of its stock is less than its book value, the Board of Directors has authorized management to spend up to $1,000,000 to repurchase shares of the common stock of the Company in open market transactions," announced Ben J. Gallant, Chief Executive Officer. "The Company intends to aggressively acquire shares at such times and prices as the Company deems appropriate. This authorization replaces our prior repurchase program under which the Company acquired 379,850 shares of its common stock."
American Medical Technologies, Inc. headquartered in Corpus Christi, Texas, develops and manufactures advanced technologies for dentistry and markets them worldwide. It is listed on the Nasdaq National Market under the symbol ADLI. Its website is found at www.americandentaltech.com
--30--jsw/clv*
CONTACT: American Medical Technologies
Justin W. Grubbs, 361/289-1145
Or
ADT's home page, http://www.businesswire.com/cnn/adli.htm
KEYWORD: TEXAS MICHIGAN
INDUSTRY KEYWORD: MEDICAL DEVICES
CTLE: 4 for 1 split approved by board
Cirus Telecom, Inc.
www.CirusTelecom.com
The present capital structure of the Company authorizes
30,000,000 shares of Common Stock. As of the Record Date,
there were 15,175,456 shares outstanding, in excess of
11,000,000 of which are held by five stockholders. In
order to provide greater liquidity for the Common Stock,
the Board of Directors deem it advisable to forward split
the outstanding shares of Common Stock on a four-for-one
basis. That means that for each share of Common Stock held
on the effective date of the split, a stockholder will
receive three additional shares of Common Stock. Upon the
effectiveness of the forward split, the Company will have
60,701,824 shares of Common Stock outstanding. In order to
accommodate this increase in outstanding shares of Common
Stock, the Board of Directors deems it advisable to
increase the number of authorized shared of Common Stock
from 30,000,000 to 100,000,000. Therefore, the Board of
Directors has approved the amendment of the Company's
Certificate of Incorporation (the "Certificate") to
increase the authorized number of shares of Common Stock
from 30,000,000 to 100,000,000 shares, and to effect the
four-for-one forward split. The Board of Directors
believes that the proposed capital structure more
appropriately reflects the present and future needs of the
Company and recommends such amendment to the Company's
stockholders for adoption. Other than for issuance in
connection with the proposed stock split, the Company has
no plans, arrangements or understandings for the issuance
of any additional shares of Common Stock.
President/ CEO & Director Amar Bahadoorsingh, B.A., MBA
Amar Bahadoorsingh will be appointed President and CEO of
Cirus Telecom Inc. Mr. Bahadoorsingh was the president of
9278 Communications, Inc., a $120,000,000 US annual sales,
telecom provider, and was responsible for its merger with
iLink Telecom, Inc. a company which the founded and took
public via a reverse merger on the OTC BB. Within his two
years as the President of 9278 Communications, Inc. and
President and CEO of iLink Telecom, Inc helped secure
millions of dollars in debt and equity financing for both
the companies. 9278 reached a market capitalization of
over $100,000,000 US under his tenure. In conjunction with
those functions, he managed all securities aspects of the
corporations including SEC filings and NASD compliance, as
well as overseeing the marketing and investor relations.
He also created a management infrastructure that
integrated all sectors of the company, as well as ensured
the critical marketing plan was fulfilled and the ongoing
capital requirements were met.
Mr. Bahadoorsingh holds a Bachelor of Arts degree in
Sociology from the University of Western Ontario located
in London, Ontario, Canada and a Master's of Business
Administration degree from Queen's University, located in
Kingston, Ontario, Canada, with a focus on management and
marketing strategy.
http://www.cirustelecom.com/investor_relations/corporate/management/index.html
http://www.freeedgar.com/search/ViewFilings.asp?CIK=1098307&Directory=1116502&Year=01&SE....
This could be a good one. I could not find this "News Article" anywhere. I copied it off the "Splits" board on RB.
Little exposure could let you get in before most even find out about the split. Very little historic volume and the idea that this was almost 2x the share price last month. Merger deal.
Looks very promising!
What are your opinions on this one?
CTLE: 4 for 1 split approved by board
Cirus Telecom, Inc.
www.CirusTelecom.com
The present capital structure of the Company authorizes
30,000,000 shares of Common Stock. As of the Record Date,
there were 15,175,456 shares outstanding, in excess of
11,000,000 of which are held by five stockholders. In
order to provide greater liquidity for the Common Stock,
the Board of Directors deem it advisable to forward split
the outstanding shares of Common Stock on a four-for-one
basis. That means that for each share of Common Stock held
on the effective date of the split, a stockholder will
receive three additional shares of Common Stock. Upon the
effectiveness of the forward split, the Company will have
60,701,824 shares of Common Stock outstanding. In order to
accommodate this increase in outstanding shares of Common
Stock, the Board of Directors deems it advisable to
increase the number of authorized shared of Common Stock
from 30,000,000 to 100,000,000. Therefore, the Board of
Directors has approved the amendment of the Company's
Certificate of Incorporation (the "Certificate") to
increase the authorized number of shares of Common Stock
from 30,000,000 to 100,000,000 shares, and to effect the
four-for-one forward split. The Board of Directors
believes that the proposed capital structure more
appropriately reflects the present and future needs of the
Company and recommends such amendment to the Company's
stockholders for adoption. Other than for issuance in
connection with the proposed stock split, the Company has
no plans, arrangements or understandings for the issuance
of any additional shares of Common Stock.
President/ CEO & Director Amar Bahadoorsingh, B.A., MBA
Amar Bahadoorsingh will be appointed President and CEO of
Cirus Telecom Inc. Mr. Bahadoorsingh was the president of
9278 Communications, Inc., a $120,000,000 US annual sales,
telecom provider, and was responsible for its merger with
iLink Telecom, Inc. a company which the founded and took
public via a reverse merger on the OTC BB. Within his two
years as the President of 9278 Communications, Inc. and
President and CEO of iLink Telecom, Inc helped secure
millions of dollars in debt and equity financing for both
the companies. 9278 reached a market capitalization of
over $100,000,000 US under his tenure. In conjunction with
those functions, he managed all securities aspects of the
corporations including SEC filings and NASD compliance, as
well as overseeing the marketing and investor relations.
He also created a management infrastructure that
integrated all sectors of the company, as well as ensured
the critical marketing plan was fulfilled and the ongoing
capital requirements were met.
Mr. Bahadoorsingh holds a Bachelor of Arts degree in
Sociology from the University of Western Ontario located
in London, Ontario, Canada and a Master's of Business
Administration degree from Queen's University, located in
Kingston, Ontario, Canada, with a focus on management and
marketing strategy.
http://www.cirustelecom.com/investor_relations/corporate/management/index.html
http://www.freeedgar.com/search/ViewFilings.asp?CIK=1098307&Directory=1116502&Year=01&SE...
Have a good day tomorrow guys, I have to work. Today wasn't bad for HDVG. Hopefully NEWY will pop.
Bring on the next split!
Bid raised 3 more cents. It is nice to see them raise the bid, but what is up with raising 3 cents at a time?
NEW SYSTEMS INC (NEWY) March 19, 2001 3:11 PM EST
Real-time quote, OTCBB
Trade Quote News Chart Profile Buy/Sell/Hold Insiders Tech Graphs Options
Price 1 9/32 Change -17/32 (-29.31%) Messages Set Alert
Bid 1 5/16 - Ask 1 5/8
Bid Size 500 Ask Size 500
Volume 22,500 Tick n/a
Same here. Pathetic to have a nice ratio split and have it ruined by that large of a spread.
Bid moving higher on PCMT
Best Bid: 0.10
Best Ask: 15.00
LOL.........
PCMT Bid .01 x Ask 5.00....Any ideas if this is even trading?
Wow the MM's are trying to get some shares of NEWY now. They raised the bid from 1.25 all the way up to 1.28. LOL
I'm really not to worried at this time. I am expecting NEWY to pop. Just when, I don't know. Maybe I'm dreaming, but with the float being so low and the very little pre split volume I would have to say that the 3.00 mark isn't to far off.
Agreed... I was going to post a similar response.
Maybe these 50 people aren't selling. LOL
The Company received gross proceeds in the amount of $75,000 from the sale
of a total of 750,000 shares of Common Stock, representing approximately 24% of
the outstanding shares of Common Stock of HDG as of the date hereof, to fifty
persons in an offering conducted during the period from March 15 through April
26, 2000.
Good morning BB, HDVG has done well this morning. And I am as surprised as you that NEWY hasn't run higher. But it is quite early and if people see what HDVG did and notice that NEWY has a good entry price then maybe they will start buying.
Who knows?
I'll give them a call. Thanks
And still going up!
Price 3 1/4 Change +1 (+44.44%) Messages Set Alert
Bid 3 1/4 - Ask 3 3/4
Small: 1 day 5 day 3 mo. 1 yr.
Large: 1 day 5 day 3 mo. 1 yr.
Bid Size 500 Ask Size 500
Volume 9,900 Tick
HDVG Kicking #SS!
Price 3 1/8 Change +7/8 (+38.89%) Messages Set Alert
Bid 3 - Ask 3 1/2
Small: 1 day 5 day 3 mo. 1 yr.
Large: 1 day 5 day 3 mo. 1 yr.
Bid Size 500 Ask Size 500
Volume 9,200 Tick n/a
Patsy, that news shows up on pinksheets.com with a lot of other NEWY (past)news.
Price 1 5/8 Change -3/16 (-10.34%) Messages Set Alert
Bid 1 1/4 - Ask 1 5/8
I saw a 500 block went thru. Was that yours?
It is taking me a VERY long time to get in here also. They will tighten the spread within the first couple of hours. IMO.
I don't have my new shares of HDVG but my new shares of NEWY were credited to my account Friday.
NEWY Bid 1.00 x Ask 1 5/8
HDVG moved up again.
Price 2 1/4 Change 0 (0) Messages Set Alert
Bid 2 1/4 Ask 2 3/4
Good morning Patsy and all.
HDVG
Bid 2 1/8 Ask 2 1/2
I had to take a look and see if Wayne had purchased HDVG. He did. I used to monitor his and Jim's boards. It has been a while since I lurked over there.
Subject: WR's Momentum Trades
Posted On: Mar 16, 2001 5:59 PM
HDVG .. Like we discussed yesterday. This was one of those that no matter if you paid the high, it was not too much. Would still have been at least a double from there. Too bad the crystal ball does not say for sure when that is gonna be the case. ............ 250 characters
Subject: WR's Momentum Trades
Posted On: Mar 16, 2001 5:15 PM
HDVG - well that went well. Split today 10:1 and almost reached the price I paid for it post split, IE 10 bagger.
Too bad the 500 share buy was cancelled and all I was left with was a measly 200 shares (2000 post split). Better than nuthin I guess.
............ 323 characters
Subject: WR's Momentum Trades
Posted On: Mar 14, 2001 9:36 PM
HDVG - why does everyone have to bring that up.
I bought 500 shares @ 2.50, and then again I didn't. Broken trade.
And another 200 at $3 that so far they let me keep
HILL showed up to play, tried to hit him with a buy at 4 3/8 and he ran. ............ 248 characters
Subject: WR's Momentum Trades
Posted On: Mar 14, 2001 9:33 PM
Did you manage to pick up any Hdvg today? ............ 41 characters
Found it O/S for FLXT.
Q. How many shares of Flexxtech are currently authorized, issued and outstanding?
A. As of October 31, 2000, Flexxtech had 100,000,000 authorized, and 6,730,607 issued and outstanding.
Float?
Found it O/S for FLXT.
Q. How many shares of Flexxtech are currently authorized, issued and outstanding?
A. As of October 31, 2000, Flexxtech had 100,000,000 authorized, and 6,730,607 issued and outstanding.
Float?
Okay, last one today on FLXT Need to find true float #'s.
Flexxtech's Experienced Management Team
Flexxtech utilizes an aggressive management team well diversified in areas of finance and technology sectors such as telecommunications, Internet computer networks, electronics, semiconductors and fibre channel development.
Management includes:
Edward Fearon (55) serves as CEO and Director of the Company's subsidiary, Primavera Corporation and Chairman of North Texas Circuit Board Company and has agreed to serve as CEO and Director of the Company upon execution of an employment agreement. Mr. Fearon, a physicist, filed his first United States Patent Application in 1966 and for a period of more than thirty years has been engaged in the research, development and invention of devices in the Electronics Article Surveillance and other industries and holds 126 United States and foreign patents. Mr. Fearon is regarded as the founder of the Electronic Article Surveillance field. His Patents are the grandfather, or original patents in the field. His patents in the EAS field were licensed to 3M and Sensormatic and are for protection of books, audio and videotapes, clothing and other merchandise.
Early in his career, Mr. Fearon first served with ElectroChemical Laboratories In Tulsa, Oklahoma where he conducted research for Sinclair Research (division of Sinclair Oil & Gas) and the Williams Brothers Companies (pipeline & energy) on Radio Carbon 14 and Nuclear Magnetic Resonance nondestructive non-contact analysis: magnetometers for pitch/yaw of missiles and gradiometer magnetic field mapping of magnetite of planet earth for prediction of oil fields: flaw/defect detection and analysis in buried pipelines; geophones for seismic data for prediction of oil fields. Mr. Fearon in 1969 joined Standard Engineering & Manufacturing Co. (SEMCO) as Vice President of R&D where their principal business was Electronic Article Surveillance. In 1971 Mr. Fearon was the founder and President of S D & E, Inc. dba Systems Development & Engineering, an engineering firm. He managed this company until 1986. In 1973 Mr. Fearon became the managing partner of Martin Wholesale, Inc. a national distributor for Sony, Panasonic, Sharp, Hitachi and other commercial lines. He managed this company until 1998 when it was acquired by Fox Electronics. In 1998 Mr. Fearon served as Chairman of the Board and Chief Executive Officer of a public company, EAS Technologies, Inc. which was acquired and served as director of Canyon Creek National Bank and a member of the loan and discount committee. Mr. Fearon was the founder, President and majority shareholder of Computer Crossroads of America, Inc., a designer, integrator and manufacturer of defense related computer equipment from 1979 until 1995. CCA had annual revenues in the range of $20 million and employed an average of fifty people. Mr. Fearon was responsible for all administration with actual involvement in all departments including purchasing, engineering, production, finance, accounting and sub-contract management. Mr. Fearon has extensive experience in the area of Government contracting including preparation, negotiation, and management of SF1411/1412 proposals and contracts. Mr. Fearon has an extensive working knowledge of FAR, and FAR requirements. He has also administered Corporate/Divisional Material Agreement negotiations and contracts as well as contracts with customers such as General Dynamics, Fairchild Communications and Electronics Co., McDonnell Douglas, Boeing, U.S. Army and the U.S. Air Force.
Greg Mardock (45) currently serves as President and has served as a Director of the Company since April 2000. Mr. Mardock also serves as the President and CEO of Mardock, Inc., a subsidiary of Flexxtech. Mardock, Inc. designs, manufactures, and distributes corporate promotional products. Mardock is developing its e-commerce site to become the premier corporate promotional company on the Internet. Mr. Mardock is also a Partner in Oregon.com, a state-wide portal providing information on the State of Oregon, and in Oregon Interactive, an e-commerce site designer and developer. He further serves as the President of Sterling Golf, Inc., a golf equipment distributor. From 1976 to 1986, Mr. Mardock served as Founder and President of Sports Graphics, Inc. and has designed and produced products for Nike's Sports Apparel Program, Speedo Swimwear, Guess Athletic, K Swiss Footwear, and Panasonic, among others.
Chris H. Beshlian, Esq. (32) currently serves as Secretary and Director of the Company. Mr. Beshlian is a practicing attorney in corporate law with offices in Los Angeles, California. From March 1998 to January 2000, Mr. Beshlian served as Secretary and Director of Pacific Sports Holdings, Inc., a publicly traded sports equipment and apparel holding company. Mr. Beshlian holds a law degree from Southwestern University School of Law and a BA degree in Economics from the University of California, Los Angeles.
Khanh Tran (35) has served as a Director of the Company since April 2000. Since 1994, Mr. Tran has served as Chairman, President, CEO and founder of Chameleon Technology, Inc., a fibre channel design and development company which was acquired by Applied Micro Circuits (NASDAQ: AMCC) in March 2000. Mr. Tran has lead design teams at Motorola, Boeing, Atmel, Applied Materials, Rockwell, LSI Logic and Western Digital. Mr. Tran has also served as Vice President of Design Engineering with California ASIC Technical Services, Inc. from May 1992 to November 1994. From 1988 to 1992, Mr. Tran served as a Design Manager for Lasarray Corporation. Mr. Tran holds a BS degree in Electrical Engineering from the University of California, Irvine and an MBA from California State University, Fullerton.
David Pimentel (30) has served as a Director of the Company since April 2000. Mr. Pimentel currently serves as the Chief Information Officer for Absolute Internet Marketing, Inc. where his responsibilities include the design, installation and maintenance of networking infrastructure for multi-million dollar projects. From 1998 to 2000, Mr. Pimentel served as the Chief Information Officer, Secretary and Co-Founder of ivenue.com, a developer of a complete electronic commerce suite for management of online stores utilizing a web browsers. From June 1997 to January 1999 Mr. Pimentel served as the Chief Information Officer and Partner of Top Level Design, Inc. Mr. Pimentel served as a network manager and systems analyst for the University of Southern California from 1994 through 1998 and also served as a PC/LAN Analyst for the Walt Disney Company from 1995 through 1997. Mr. Pimentel studied Computer Science at the University of Southern California.
The Advisory Board Members include:
John Atanasio / President of E-Business Partners, Inc. and E-Venture Corp.
Tom Djokovich / President and CEO of Accesspoint Corporation.
John Freeland / CEO of Finance 500 Partners, Inc. and Atlantis Partners, Inc - Investment Bankers.
Hamid Kabani / President of Kabani & Co,, a regional CPA and auditing firm.
Robert Loll, Esq. / Partner at Floratos, Loll, and Devine, a professional law corporation.
Larry Donizetti / Chairman & CEO Luminary Ventures, a marketing firm.
Bob Eubanks / President of Bob Eubanks Enterprizes. Celebrity with 30 years of Television, radio, music and corporate promotion.
Flexxtech Companies
Flexxtech's Current Portfolio of Companies
Listed below are the major holdings in the Company's portfolio. Various smaller investments are not listed because they represent in total less that five percent of the total assets of the Company and management may change them from time to time.
Accesspoint Corporation Accesspoint Corporation (OTCBB: ASAP) (www.accesspoint.com) provides a state-of-the-art network for secure e-commerce transactions to thousands of merchants worldwide. The Company supports this infrastructure with its own dynamic, database-driven e-commerce solution. This state-of-the-art solution includes a premier transaction engine, one of the only certified Level-III business-to-business purchase networks, and a full complement of e-commerce services which enable its customers to implement profitable online business strategies without having to support all of the in-house technologies and framework that are normally required.
In addition to its existing base of online merchants, Accesspoint's corporate roster of strategic partners includes Chase Manhattan Corp. (NYSE: CMB), Equifax (NYSE: EFX), NOVA (NYSE: NIS), First National Bank of Omaha/Retriever Payment Systems and National Data Corporation (NYSE: NDC). Flexxtech owns 225,000 shares of Accesspoint Corporation through Flexxtech Holdings.
Mardock, Inc. Mardock, Inc. is a designer, manufacturer and distributor of apparel and promotional products to the corporate community. Mardock is in the process of developing an e-commerce site for corporate promotional products and plans to create the premier corporate promotional products site on the Internet.
Flexxtech owns 100% of Mardock through its subsidiary, Flexxtech Holdings.
OpiTV.com. OpiTV.com ("opiTV") is an I-commerce technology company engaged in the business of manufacturing, marketing and distributing a set-top-box device (the "Box"), targeted to a demographics based on a value-added experience. The Box is a convergence device giving the consumer high-speed Internet access and enhanced communications as well as full computing capabilities in their home or office. Connecting to regular telephone lines, the box can be used for personal computing, Internet access, education, video conferencing, video games, as well as entertainment.
As an Intranet function, and because OpiTV owns the equipment, they can inject commercials, ads, movie trailers, infomercials, notices, etc. based on certain time periods, geographical locations and subscriber activity.
Flexxtech owns 82% of OpiTV.com through its subsidiary, Flexxtech Holdings.
Primavera Corporation Primavera Corporation is the parent company of North Texas Circuit Board Co., Inc. ("NTCB") (www.ntcb.com). NTCB manufactures high-quality, high-technology, quick-turn printed circuit boards. The Company has had a restructuring year in 2000, after being profitable in 22 of its 23 years of existence, is ISO 9002 certified, manufactures 28+ layers, uses Exotic Materials and provides 24-hour delivery. 1999 sales were $9.9 million.
NTCB is the platform company for the Company's circuit board roll-up. The Company is seeking out additional circuit board companies with established reputations and proven records of profitability, and having operated in the business on average of over 20 years.
NTCB's partial customer list includes: Allied Signal, BAE Systems, Boeing Defense and Space Group, L3 Communication, Litton Marine Systems, Lockheed Martin Aeronautical, Lockheed Martin Fairchild, Northrop, Orbital Sciences Corp., Raytheon Co., Raytheon E-Systems, Rockwell International, Rockwell Communications, Texas Instruments, TRW, Varo Cop., and Westinghouse. Flexxtech owns 80% of Primavera Corp. through its subsidiary, Flexxtech Holdings.
Trades on the pinks. Bid 7.5 x 8.5
Shares Outstanding: 401,800 as of 1999-10-31
* The basic and diluted net loss per share has been restated to retroactively effect a forward stock split in the ratio of one share for 13.09322865 shares on December 22, 1999, a 2:1 forward split on April 14, 2000 and a 1:3 reverse split on April 29, 2000
After figuring up the math on all the past splits, I come up with "288,325" Could this possibly be right?
Flexxtech Announces 3 for 2 Stock Split and Stock Repurchase Program; Shareholders to Receive 3 Shares for Every 2 Shares Owned
LOS ANGELES, Mar 14, 2001 (BUSINESS WIRE) -- Flexxtech Corporation (the "Company") (OTC:FLXT) announced today that the Company has elected to conduct a 3 for 2 common stock split and a program to repurchase its common shares in the public market. The forward stock split shall be effective for shareholders of record on Monday, March 26, 2001. The common stock will begin trading pursuant to the split on the same date, March 26, 2001.
Under the Company's stock repurchase program, the Company, from time to time, may purchase up to $500,000 of its common stock from the public markets through the remainder of the year.
The Company's annual report on Form 10K is anticipated to become available at the end of March. The Company will post record sales for the year 2000 and expects the trend to continue with record sales and earnings for 2001. The Company recently announced it signed a Letter of Intent to acquire Electronic Drilling Control, Inc. ("EDC"), and its wholly-owned subsidiary, Ozone Systems, of Dallas, Texas. Under the terms of the LOI, EDC, a $13 million concern, is expected to sell 90% of its common stock to the Company by the end of March 2001.
In addition, the Company has scheduled its annual shareholders' meeting for Monday, April 30. Additional information as to time and place of the meeting will be available shortly.
Mr. Greg Mardock, President of Flexxtech Corporation, stated, "We continue to forge ahead with our acquisition plan and the roll-up in the circuit board business. Because we continue to add value to our company and at the advice of our financial advisors, a forward stock split was necessary. Many investors have expressed concern over the tight market that exists in the trading of our stock. Although we feel this is a benefit, it disabled many investors from participating in our growth. Now those investors can purchase shares at a lower price and more easily."
In addition, Mr. Mardock said, "It is to all the shareholders' benefit that we purchase stock from the market from time to time when market conditions allow us to acquire at prices we feel are undervalued. The board of directors has authorized $500,000 for such activities over the remainder of this year. 2000 was a record breaking sales year for us and in 2001 we will continue building unprecedented value for our shareholders."
About Flexxtech Corporation
Flexxtech Corporation's (OTC:FLXT) investment objective is to build a $3 billion holding company in the next three years by acquiring, developing, operating, and investing primarily in growth technology companies. The Company is leveraging its acquisitions by focusing its roll-up strategy in highly profitable, yet fragmented businesses, including but not limited to, the printed circuit board industry. The company's strategy supports and also promotes opportunities for investment in undervalued situations and synergistic business relationships among the companies in which it has investments.
Flexxtech through its wholly-owned subsidiary Flexxtech Holdings, Inc. currently owns 100% of Mardock, Inc.; 80% of Primavera Corporation, the parent company of North Texas Circuit Board Co., Inc.; 82% of OpiTV.com, 100% of Flexx Capital Partners, Inc., and other investments.
Additional information on Flexxtech can be viewed at its web site at: www.flexxtech.com.
This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers and effectively compete against similar companies.
CONTACT: Flexxtech Corporation, Los Angeles
Greg Mardock, 310/342-0794
or
Luminary Ventures
Larry Donizetti, 727/934-6761 (Media)
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KEYWORD: CALIFORNIA TEXAS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
HARDWARE
NETWORKING
SOFTWARE
TELECOMMUNICATIONS
Talking about NEWY in previous post.eom
I have my post split shares in my account.eom
Looking forward to Monday all ready...LOL
It is nice to have a couple good plays happening at the same time.
See you all on Monday
Have a good weekend
Larry
HDVG board now up and running on RagingBull.eom
Price 2 1/4 Change +1 21/64 (+144.07%)
Bid 2 - Ask 2 5/16
volume 40,100
Update: NEWY only 14,300 shares traded and only 268,000 in the float.
New Systems Inc
Thursday, March 08, 2001
Closing Price: 2 1/2
Open: 2 1/2
High: 2 1/2
Low: 2 1/2
Volume: 500
New Systems Inc
Friday, March 09, 2001
Closing Price: 6
Open: 3 1/2
High: 6
Low: 2 11/16
Volume: 5,500
Closing Price: 4 1/2
Open: 6
High: 7
Low: 4 1/2
Volume: 7,100
1,200 shares today!
NEWY and HDVG Making me feel good...LOL
Bid 1 7/8 - Ask 2 1/8
Small: 1 day 5 day 3 mo. 1 yr.
Large: 1 day 5 day 3 mo. 1 yr.
Bid Size 500 Ask Size 500
Volume 34,100 Tick n/a
I thought that DPCH had recently split?