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thanks Comrade...do you think HBRM could put this on their web site... :>)))
maybe they are now LQQKing to go into gold mining because of the price of gold going up and down and hitting $1900 the other day... :>))) they wouldn't be the first to jump into something else...a little humor here but one never knows..
news from yesterday...
Former Best Buy Service Center Territory Manager Tapped to Lead Encompass Service Solutions Division
Patrick Joseph Brings Extensive Experience in Service Operations to the Company
LAWRENCEVILLE, Ga., Aug 23, 2011 (GlobeNewswire via COMTEX) -- Encompass Group Affiliates, Inc. (OTCBB:ECGA), a leading provider of replacement parts and reverse logistics services for a wide range of electronics products, today announced the appointment of Patrick Joseph as Executive Vice President & General Manager of its subsidiary, Encompass Service Solutions, Inc. (ESS).
In his new role, Joseph will be responsible for the overall operations of ESS, which specializes in extending the value of consumer and high-tech products through board-level and whole-unit repair, refurbishment and parts reclamation services. ESS additionally provides Level II and Level III call center technical support, service contract administration and support and eco-friendly disposal of end-of-life products to third-party warranty companies, OEMs and national retailers.
Prior to joining ESS, Joseph served as the Territory Service General Manager for Best Buy's Western Region, comprising Southern California, Nevada, New Mexico and Arizona. In that role he was responsible for all Service Center and In-Home Service operations. He also led the opening of the Seattle Service Center for Best Buy, as well as managed product sales and service support for Best Buy retail stores in the Northwestern United States. He has served as a leader in various roles in Best Buy's service operations since 2000.
Prior to managing Best Buy's service operations, Patrick was the West Division Director of Service for Rent-A-Center, providing product service support for 893 stores and 12 service centers from Chicago to Hawaii.
"We are confident that Patrick's expertise in leading service operations for one of the country's largest electronics retailers, as well as a top rent-to-own enterprise, will be a significant advantage to the Encompass Service Solutions division," said Robert Gowens, Encompass President & CEO. "Patrick has the skill set and drive to enhance and expand the capabilities of ESS to the benefit of our valued customers."
Joseph replaces Thomas Sutlive, who has left the company to pursue other opportunities.
more financial stuff out yesterday...nothing new...
http://www.otcmarkets.com/stock/HBRM/financials
I figured there was a larger market for those seeking the "herbal" type of products across the pond was why they were pushing it there...I noticed their home page has changed a small amount...I haven't looked at it for some time..
http://www.herborium.com/indexalt.html
more info out on financials today...
http://www.otcmarkets.com/stock/HBRM/financials
another day of trading where it's done in a few minutes...
Recent Trades - Last 10 of 15
Time ET Ex Price Change Volume
14:27:37 Q 0.0046 0.0001 10,000
14:27:17 Q 0.0045 19,200
14:26:57 Q 0.0045 200,800
14:25:46 Q 0.0045 10,000
14:24:58 Q 0.0045 9,200
14:24:23 Q 0.0045 5,000
14:23:56 Q 0.0045 15,500
14:22:27 Q 0.0045 30,000
14:20:50 Q 0.0042 -0.0003 59,500
14:20:15 Q 0.0042 -0.0003 8,500
here we go again..large pieces of volume and close time in trades...again suspect maybe one particular holder dumping or one adding.
Recent Trades - Last 10 of 11
Time ET Ex Price Change Volume
11:43:15 Q 0.004 -0.0002 80,000
11:42:20 Q 0.004 -0.0002 80,000
11:41:01 Q 0.0032 -0.001 5,000
11:37:26 Q 0.003 -0.0012 25,000
11:27:30 Q 0.0032 -0.001 750,000
11:17:57 Q 0.004 -0.0002 10,000
11:13:32 Q 0.003 -0.0012 495,000
11:11:35 Q 0.0022 -0.002 5,000
11:06:37 Q 0.0031 -0.0011 5,000
10:20:27 Q 0.0031 -0.0011 5,000
do you or anyone have who did the trading today whicxh might tell a story.
are these guys not trying to screws the share holders right now when you read their plan for ownership...
has anyone have the who is buying/selling..notice again buy/sell within minutes for large amounts...may mean nothing be maybe someone is accumulating and trying not to draw attention and maybe someone knows something...I know this is small money...but...
Recent Trades - Last 10 of 24
Time ET Ex Price Change Volume
15:15:31 Q 0.0041 0.0001 5,000
15:14:30 Q 0.0047 0.0007 5,000
15:14:02 Q 0.0031 -0.0009 300,000
15:12:45 Q 0.003 -0.001 200,000
15:06:51 Q 0.003 -0.001 200,300
15:05:21 Q 0.003 -0.001 200,000
14:54:31 Q 0.003 -0.001 100,000
14:52:04 Q 0.003 -0.001 99,669
12:38:16 Q 0.0041 0.0001 5,000
12:38:15 Q 0.0041 0.0001 5,000
Recent Trades - Last 10 of 14
Time ET Ex Price Change Volume
11:51:25 Q 0.0045 0.0005 10,000
11:50:43 Q 0.004 182,674
11:50:28 Q 0.004 50,000
11:49:49 Q 0.0039 -0.0001 5,000
11:49:38 Q 0.004 50,000
11:49:08 Q 0.004 50,000
11:48:26 Q 0.004 50,000
11:43:04 Q 0.004 30,000
11:42:28 Q 0.004 70,000
11:41:54 Q 0.004 25,000
this is all I have to see buy and sell but when I see the times I figure it's the same person at least doing the selling...back about a month or two ago one poster here said that news was to follow the financials...I guess time will tell.
I see the buy yesterday was by 1 person...at least that is what it showed on the site where I checked...maybe if this is wrong and someone here has a site that shows every buy/sell they can verify this...someone posted about a month or two that news was to follow the financials.
some news..doubt it means much...
Encompass Selected to Support Extended Warranty Program Launched by Universal Technical Services for Sporting Goods Stores Nationwide
Encompass to Provide Asset Recovery and Reverse Logistics Services
LAWRENCEVILLE, Ga., Jul 19, 2011 (GlobeNewswire via COMTEX) -- Encompass Group Affiliates, Inc. (OTCBB:ECGA), a leading provider of reverse logistics services and replacement parts for a wide range of electronics products, today announced that its subsidiary Encompass Service Solutions, Inc., has finalized an agreement with Universal Technical Services to provide product returns management and asset value recovery services in support of its extended warranty program offering.
Universal Technical Services (UTS) is a leading provider of extended warranties in the fitness industry and a wholly-owned subsidiary of ICON Health & Fitness, one of the largest developers, manufacturers and marketers of fitness equipment in the world.
Under the agreement, Encompass will manage the disposition of defective portable goods returned under UTS extended warranties offered through sporting goods stores across the country. Encompass will test returned items and recover value based on established business practices.
"The Encompass team is excited to be selected by Universal Technical Services to provide warranty return service for their customer base. We have the expertise, infrastructure and operational systems to deliver superior after sales service, and we look forward to supporting UTS in the sporting goods retail market," said Thomas Sutlive, President and Chief Operating Officer of Encompass Service Solutions.
Encompass will receive and process returns out of its 150,000-square-foot distribution center and service facility in Lawrenceville, Ga., located just north of Atlanta. The company has developed a special web portal to effectively manage the returns authorization process for UTS' extended warranty customers.
Nick Palmer, general manager of Universal Technical Services, said Encompass was the logical partner for this venture, which has the potential for explosive volume.
"Encompass' flexibility to scale along with our extended warranty offering as it is rolled out to major sporting goods stores across the country will be a critical factor in the program's success," said Palmer. "We are confident that the Encompass team is up to the task and will provide the exceptional backend support needed to ensure the returns process runs smoothly and efficiently for warranty customers."
the spin off of HBRM may and I stress may pay off...pretty quiet over there since the last guy joined the company..the clock is ticking on HBRM...
I'm afraid your right...I also noticed on one of my stock message boards they haven't showed any of the trades over the last 2 weeks...I know the trades were small...I've only got $300 tied up in this stock which you still don't want to lose but I knew it was more of a gamble then in the past...this will be my first lose with this company.
HAPPY CANADA DAY JULY 1 & AND HAPPY INDEPENDENCE DAY JULY 4...2 Nations separated by only the 49Th parallel.
from June 10..150 pages
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7987740
ENCOMPASS GROUP AFFILIATES, INC.
775 Tipton Industrial Dr.
Lawrenceville, GA 30046
(954) 474-0325
June __, 2011
Dear Shareholders:
I am pleased to enclose the proxy statement for the Special Meeting of shareholders of Encompass Group Affiliates, Inc. to be held on ______,
July __, 2011. We are asking shareholders to approve the sale of substantially all of our assets and the assets of our subsidiaries to Encompass
Supply Chain Solutions, Inc. (the “Buyer”) in exchange for the following consideration: (i) the assumption by the Buyer of substantially all of
our liabilities and the liabilities of our subsidiaries (including all of the obligations in respect of our senior indebtedness owed to the Sankaty
Funds), subject to certain exclusions as set forth in the Asset Purchase Agreement, (ii) the transfer of the subordinated debt held by the Sankaty
Funds one of our subsidiaries for cancellation, (iii) a cash payment of $1,000,000; (iv) the issuance to us of a 15% common equity interest in
Sancompass, Inc., the parent company of Buyer, and (v) the assumption or discharge of certain of our other liabilities and expenses. We refer to
the sale of substantially all of our assets and those of our subsidiaries described in the Asset Purchase Agreement as the “Sale Transaction”.
If the Sale Transaction is effected, our assets/liabilities would consist of cash remaining after payment of expenses of the transaction in excess of
$150,000 and liabilities not assumed by the Buyer, as well as the common stock of Sancompass, which will rank junior to approximately
$10,000,000 in senior secured indebtedness and approximately $[ ] preferred equity. We do not anticipate a material amount of cash will
remain after payment of expenses and non-assumed liabilities. The liquidation preference and accrued dividends of our preferred stock exceeds
$11,000,000. Therefore, the Sale Transaction will not result in any distribution to common shareholders.
Our Board of Directors has considered various strategic alternatives to allow for the maximization of value of the company and to satisfy our
obligations. We have concluded that the Sale Transaction is the company’s only viable alternative.
The Sale Transaction is expected to permit the business currently conducted by Encompass Group Affiliates to operate profitably with reduced
debt and a more favorable capital structure; however, as we will be divested of our business as assets, those improvements will not benefit us or
our shareholders.
The date, time, place, and agenda for the Special Meeting are set forth in the accompanying notice of Special Meeting. At the Special Meeting,
you will be asked to consider and vote upon the following proposals, each as described more fully in the enclosed Proxy Statement: (i) to
approve the Sale Transaction, and (ii) to approve a proposed amendment to our Restated Articles of Incorporation, as previously amended, to
change our name from Encompass Group Affiliates, Inc. to “______, Inc.” in the event the Sale Transaction is consummated.
After careful consideration, our Board of Directors unanimously recommends that you vote “FOR” the approval of the Sale Transaction and
“FOR” the approval of the amendment to our Restated Articles of Incorporation.
YOUR VOTE ON THESE MATTERS IS IMPORTANT. Please see the accompanying notice of meeting for instructions on how to vote.
I look forward to seeing you at the meeting.
Sincerely,
Robert B. Gowens
Interim Chief Executive Officer
ENCOMPASS GROUP AFFILIATES, INC.
775 Tipton Industrial Drive
Lawrenceville, GA 30046
(954) 474-0325
NOTICE OF SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON JULY __, 2011
NOTICE IS HEREBY GIVEN that a Special Meeting of shareholders (the “Special Meeting”) of Encompass Group Affiliates, Inc., a
Florida corporation, will be held on ___________, July __, 2011, at 10:00 a.m., local time, at our principal executive offices located at 775
Tipton Industrial Drive, Lawrenceville, Georgia 30046. At our Special Meeting we will ask you to:
Our Board of Directors unanimously recommends that you vote “FOR” Proposals 1 and 2 and that you allow our representatives to
vote the shares represented by your proxy as recommended by our Board of Directors.
Pursuant to our bylaws, our Board of Directors has fixed the close of business on June 20, 2011, as the record date for determining
those shareholders entitled to notice of and to vote at the Special Meeting. This Notice and Proxy Statement were first mailed to stockholders on
or about June __, 2011.
The affirmative vote of holders of a majority of our outstanding shares of stock (as if all preferred stock is converted to common stock)
is required for the approval of Proposal No. 1. The affirmative vote of holders of a majority of our shares of capital stock issued and outstanding
as of the record date that are represented in person or by proxy and entitled to vote at the Special Meeting is required for the approval of Proposal
2. Each of these proposals is more fully described in the accompanying proxy statement.
Encompass has concluded that our shareholders who are entitled to vote on Proposal No. 1 are entitled to assert dissenters’ rights with
respect to Proposal No. 1 under Sections 607.1301 to 607.1333 of the Florida Business Corporation Act. The procedure for dissent and appraisal
is described in Sections 607.1301 to 607.1333 of the Florida Business Corporation Act, which is attached as Appendix B to the Proxy Statement
accompanying this Notice. We are providing this notice and a copy of such sections pursuant to Section 607.1320 of the Florida Business
Corporation Act. We require strict adherence to the procedures set forth therein, and failure to do so may result in the loss of all dissenters'
appraisal rights. Accordingly, each shareholder who is entitled to and might desire to exercise dissenters' appraisal rights should carefully
consider and comply with the provisions of those sections and consult his or her legal advisor.
1. Approve the sale of substantially all of our assets and the assets of our subsidiaries pursuant to the Asset Purchase Agreement,
dated May 13, 2011 by and among (i) Encompass, (ii) our subsidiaries, Encompass Parts Distribution, Inc., Cyber-Test, Inc., Vance
Baldwin, Inc., Tritronics, Inc. and Encompass Service Solutions, Inc., (iii) Sancompass, Inc. and (iv) Encompass Supply Chain
Solutions, Inc. (the “Sale Transaction”);
2. Approve an amendment of our Restated Articles of Incorporation, as previously amended, to change our name from Encompass
Group Affiliates, Inc. to “___________” in the event the Sale Transaction is consummated; and
3. Transact any other business that may properly come before the Special Meeting
BY ORDER OF THE BOARD OF DIRECTORS,
/s/ Robert B. Gowens
Robert B. Gowens
Secretary
June __ ,2011
it looked positive for a while...
Recent Trades - Last 10 of 27
Time ET Ex Price Change Volume
10:09:46 Q 0.002 5,000
10:04:17 Q 0.0048 0.0028 5,000
10:02:50 Q 0.0048 0.0028 90,000
10:01:24 Q 0.004 0.002 10,000
10:01:24 Q 0.0049 0.0029 10,000
10:01:03 Q 0.0049 0.0029 10,000
10:01:01 Q 0.0049 0.0029 10,000
10:00:27 Q 0.0049 0.0029 10,000
10:00:26 Q 0.0049 0.0029 10,000
10:00:06 Q 0.005 0.003 10,000
Last: 0.0016 Change: -0.00 % Change: -36.00% Volume: 1,364,526 Bid (Size): 0.00 (0.00) Ask (Size): 0.00 (0.00)
hope this isn't a bad news selling...
Recent Trades - All 0 today
Time ET Ex Price Change Volume
09:37:13 Q 0.0016 -0.0009 100,000
09:37:12 Q 0.0025 30,000
09:33:02 Q 0.0016 -0.0009 162,500
09:32:19 Q 0.0018 -0.0007 5,000
09:32:11 Q 0.0018 -0.0007 5,000
09:32:10 Q 0.0018 -0.0007 70,000
09:31:40 Q 0.002 -0.0005 5,000
more of the same from yesterday...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7953117
here is the site where you all can read some 124 pages of the news release.
http://www.otcmarkets.com/stock/ECGA/financials
as Jackie use to say "to the moon Alice"....
Recent Trades - All 5 today
Time ET Ex Price Change Volume
10:19:10 Q 0.0045 0.0008 70,500
09:59:17 Q 0.0045 0.0008 580,500
09:59:04 Q 0.0045 0.0008 253,500
09:51:27 Q 0.0045 0.0008 166,000
09:32:58 Q 0.004 0.0003 87,500
Recent Trades - Last 10 of 17
Time ET Ex Price Change Volume
09:58:55 Q 0.005 0.0014 200,000
09:56:30 Q 0.0048 0.0012 70,000
09:55:03 Q 0.0046 0.001 1,826
09:53:27 Q 0.0044 0.0008 279,700
09:52:56 Q 0.0044 0.0008 184,000
09:51:50 Q 0.0042 0.0006 130,000
09:51:19 Q 0.004 0.0004 250,000
09:51:10 Q 0.004 0.0004 14,100
09:50:25 Q 0.004 0.0004 100,000
09:50:04 Q 0.004 0.0004 220,700
this stock seems to wait till noonish to move telling me the buyers/sellers may be from the west...at least it's upward :>)))
Recent Trades - All 7 today
Time ET Ex Price Change Volume
12:27:39 Q 0.0035 0.0004 13,500
12:26:24 Q 0.0035 0.0004 200,000
12:26:04 Q 0.0035 0.0004 13,500
12:26:01 Q 0.0035 0.0004 36,500
12:25:03 Q 0.0035 0.0004 15,000
12:25:03 Q 0.0035 0.0004 5,000
12:24:39 Q 0.0035 0.0004 100,000
one of our posters seems to have an inside track and figures we'll have some news soon...so if we see some extra large volume happening in an upward movement before news then we'll know we're off to the races.
are we on the move up...
Recent Trades - All 3 today
Time ET Ex Price Change Volume
10:36:54 Q 0.0031 0.0002 100,000
10:12:24 Q 0.0031 0.0002 115,000
10:12:21 Q 0.0029 85,000
I suspect if news is on it's way we may see more action here..I've noticed on this stock and others I have or follow that buy/sell never really starts till later in the day and I suspect it is from the western regions because of the up to 3 hour time delay so that tells me where the majority of the buy/sellers are...so if I see some action first thing this morning then that tells me some one may know something...hopefully something good.
with the killing of Bin Laden maybe we'll see the stock market move today even maybe this stock..the thing is, is he really dead....I heard on the radio that they buried hem at sea leaving room for more conspiracy stories..I suspect it will be a few days before we hear the full story..
my basket is fairly full now and I hope your info is right on so I can take a bit out of the basket..
Happy Easter to all and here's "hopping" the stock bunny gives us some golden eggs.
did someone give the cat a kick...
Recent Trades - All 9 today
Time ET Ex Price Change Volume
11:32:22 Q 0.002 0.0005 5,000
11:32:21 Q 0.002 0.0005 5,000
11:32:05 Q 0.002 0.0005 150,000
11:32:02 Q 0.0019 0.0004 79,949
11:31:59 Q 0.0019 0.0004 153,168
11:31:56 Q 0.0019 0.0004 5,000
11:31:12 Q 0.0019 0.0004 100,000
11:30:54 Q 0.0019 0.0004 4,949
09:32:12 Q 0.0015 5,000
I'd think this trading is the same person doing the selling because of the time period...
Recent Trades - All 5 today
Time ET Ex Price Change Volume
15:47:19 Q 0.0015 -0.0002 30,000
15:47:10 Q 0.0015 -0.0002 180,000
15:42:30 Q 0.0015 -0.0002 22,000
15:23:12 Q 0.0015 -0.0002 50,000
15:21:09 Q 0.0015 -0.0002 50,000
if there is good news coming I wouldn't be surprised if it is out of country news..that is sales out of country like distribution or maybe getting together with another company on some sort of partnership or out right buy out...there is a larger then normal push on the proactive stuff that I have noticed on TV and with some big name people using it so it will be a tough sell on this side of the pond..maybe we could get Gaddafi to use it in an ad..after all he keeps saying his people love him...LMAO
so is the update...bad news...a few are dumping and of course the same are picking it up..
Recent Trades - All 4 today
Time ET Ex Price Change Volume
14:25:49 Q 0.0017 -0.0002 50,000
12:38:41 Q 0.0017 -0.0002 263,529
10:26:54 Q 0.0017 -0.0002 100,000
10:15:02 Q 0.0017 -0.0002 20,000
news out today may move stock...
no news is good news...so far...maybe some concrete news is coming..
more news...
Encompass Appoints New CIO to Focus on Technology Innovation
Perry Patterson Brings Decades of IT and e-Commerce Experience to the Company
LAWRENCEVILLE, Ga., Mar 8, 2011 (GlobeNewswire via COMTEX News Network) --
Encompass Group Affiliates, Inc. (OTCBB:ECGA), a leading provider of replacement parts and reverse logistics services for a wide range of consumer and high-tech products, today announced that long-time IT professional Perry Patterson has joined the company as its new Chief Information Officer.
Patterson has 30 years of experience in the IT field, most recently as Vice President of e-commerce for Alliance Entertainment, the country's largest multimedia online distributor, where he supported such major retailers as Amazon, Best Buy and Target. He initiated the company's e-commerce division, developing it into a $150 million business unit, and led teams that worked with national retail clients to design, build and support websites and integrate technology to manage the fulfillment of goods sold online.
Patterson earned a master's degree in Management Information Systems from Nova Southeastern University, graduating with honors, and a bachelor's degree in Business Administration, focusing on Information Systems Management, from California State University, Hayward.
Robert Gowens, Encompass President and CEO, said Patterson's e-commerce background will particularly benefit the company's Encompass Parts Distribution (EPD) division. EPD provides supply chain management solutions and distributes replacement parts exclusively through the online channel in support of the world's leading consumer electronics, major appliance and imaging brands. Patterson will also be evaluating system capabilities of the Encompass Service Solutions division, which provides board-level repair and a host of reverse logistics services to retailers, manufacturers and warranty companies.
"We anticipate leveraging Perry's comprehensive expertise in both information systems and e-commerce development to enhance and expand Encompass' leading-edge service offerings to our customers, as well as to streamline our operational efficiency across the organization," said Gowens. "His strategic vision and leadership will be a significant advantage as we continue to seek innovations to strengthen our position in the market."
About Encompass Group Affiliates, Inc.
Encompass Group Affiliates, Inc. is a market leader in forward and reverse supply chain logistics, board repair services and asset management for a wide variety of high-tech products and consumer electronics. Encompass, through its wholly-owned subsidiaries, Encompass Parts Distribution, Inc., Encompass Service Solutions, Inc. and Encompass International, provides comprehensive electronics parts distribution, asset value recovery, returns management, depot repair and refurbishment services. For more information, please visit encompass.com.
The Encompass Group Affiliates, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7301
This release and oral statements made from time to time by Encompass Group Affiliates, Inc.'s representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "anticipate," "plans," "should," "believes," "will," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, as well as inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Encompass Group Affiliates, Inc. with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
This news release was distributed by GlobeNewswire, www.globenewswire.com