To thyself be true
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Thanks Lentinman..:o}
WAG 11-11-07 2:15 AM
Taser parties started by AZ businesswoman
By Tony Natale
East Valley Tribune
Tucson, Arizona
Published: 10.31.2007
You've heard of Tupperware parties. Well, get ready for the latest selling gig: Taser stun-gun parties.
Yes, the nation's first semiofficial "Taser parties" are being organized in the Phoenix area by a dealer who happens to be a woman.
"Our Taser parties are aimed at women, but we would never reject a male guest," said Dana Leigh Shafman, 34, a Scottsdale native who is the owner and founder of a new Taser International dealership called Shieldher.
Shafman, who holds a master's degree in business administration from Arizona State University, formed Shieldher in February to ease her own fears as well as turn a profit.
"I live alone in a big house with lots of windows and doors," said Shafman, who worked as a manager for several Phoenix-area companies before starting the business out of her home.
"Like most women, at night I'd stay awake and listen for sounds. When I was younger, I put a baseball bat under my bed. Then, as I got older, I'd bring knives to bed. That was too much!"
Shafman learned about the C2 Taser stun gun, a less powerful version of the Taser sold to law enforcement agencies and the military that is geared to the civilian market.
While the X26 model for law enforcement sells for about $1,000, the C2 costs just $349. It is small and comes in colors such as electric blue, black pearl, Titanium silver and metal pink.
Both the X26 and C2 fire darts more than 15 feet that eject 50,000 volts of electricity, temporarily disabling the target.
The C2 weapon is delivered unconnected, and buyers must provide information, including their Social Security number and other personal data, before the stun gun can be turned on. Buyers must first pass a background check before the stun gun is activated.
"Unlike the X26, the C2 doesn't look so much like a gun," said Doug Coté, citizen-sales manager for Scottsdale-based Taser International, who regularly attends Shafman's Taser parties. "The C2 is the result of more than two years of research in the market."
Although Taser International is not officially connected with Shieldher, the company is providing Tasers for the parties and instructors to explain how they work, Coté said.
Off-duty police officers have also demonstrated the weapon.
"We applaud and support her," Coté said.
Not sure about the Euro, I would lean toward the dollar, because TASAR is a US co. Yes the conference call stopped midstream for me also. Didn't hear any explanations.
Yes you are probably right. The conference call was really positive about the Army and foreign sales. Seems that when the foreign countries buys the do it in sections rather than individual counties. They said it now stands at 15% of their total sales and with the new fulltime salesman working on them, should go up...:o}
TASR is a loooongterm investment..:o}
TASER International, Inc. Announces 3rd Quarter Conference Call and Webcast Information
SCOTTSDALE, Ariz., Oct 22, 2007 (PrimeNewswire via COMTEX News Network) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices, announced today that the third quarter 2007 earnings will be released on Wednesday, October 24, 2007. A conference call/webcast is scheduled at 10:00 a.m. ET to review third quarter financial results.
To join the live audio presentation, please dial toll free at 866-356-3095 or 617-597-5391 for international callers. The pass code is 41422022.
For more information regarding the webcast or conference call, please visit the "Investor Relations" section under the "Company" tab on our website at www.TASER.com.
For investor relations information please contact Marcy Rigoni by phone at 480-905-2011 or via email at IR@TASER.com.
About TASER International, Inc.
TASER International's products protect life. TASER provides advanced Electronic Control Devices (ECDs) for use in the law enforcement, medical, military, corrections, professional security, and personal protection markets. TASER devices use proprietary technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. For more information please call TASER International at (800) 978-2737 or visit our website at www.TASER.com.
The TASER International logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2931
Note to Investors
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. We intend that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. The forward-looking information is based upon current information and expectations regarding TASER International. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such forward-looking statements.
TASER International assumes no obligation to update the information contained in this press release. These statements are qualified by important factors that could cause our actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) market acceptance of our products; (2) our ability to establish and expand direct and indirect distribution channels; (3) our ability to attract and retain the endorsement of key opinion-leaders in the law enforcement community; (4) the level of product technology and price competition for our products; (5) the degree and rate of growth of the markets in which we compete and the accompanying demand for our products; (6) risks associated with rapid technological change and new product introductions; (7) competition; (8) litigation including lawsuits resulting from alleged product related injuries and death; (9) media publicity concerning allegations of deaths and injuries occurring after use of the TASER device and the negative effect this publicity could have on our sales; (10) TASER device tests and reports; (11) product quality; (12) implementation of manufacturing automation; (13) potential fluctuations in our quarterly operating results; (14) financial and budgetary constraints of prospects and customers; (15) order delays; (16) dependence upon sole and limited source suppliers; (17) negative reports concerning the TASER device; (18) fluctuations in component pricing; (19) government regulations and inquiries; (20) dependence upon key employees and our ability to retain employees; (21) execution and implementation risks of new technology; (22) ramping manufacturing production to meet demand; (23) medical and safety studies; (24) field test results; and (25) other factors detailed in our filings with the Securities and Exchange Commission, including, without limitation, those factors detailed in the Company's Annual Report on Form 10-K and its Form 10-Qs.
The statements made herein are independent statements of TASER International. The inclusion of any third parties does not represent an endorsement of any TASER International products or services by any such third parties.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: TASER International, Inc.
whoops-Google alert is a little slow.huh..lol
China 3C September 13, 2007. Says Business Operations Running Well; Company to Comment Further Next Week
PR Newswire
September 13, 2007: 02:34 PM EST
ZHEJIANG PROVINCE, China, Sept. 13 /PRNewswire-FirstCall/ -- China 3C Group , a retailer and distributor of consumer and business products in China, reaffirmed today that its business operations are running well. The company expects financial results in the second half of 2007, absent any acquisitions, to be similar to those in the first half of the year.
The company said that due to absences of key personnel during the celebration of the Jewish New Year holiday, the company would not be able to comment further until next week.
About China 3C
China 3C Group is a leading retail chain operating retail outlets in Eastern China. The company specializes in selling 3C products (communication, information technology and digital) in China. Among China 3C's primary attributes is its efficient distribution network and rapid logistics system. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com.
A profile for investors can be accessed at
http://www.hawkassociates.com/chcgprofile.aspx. For investor relations information regarding China 3C, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive free e-mail notification of future releases for China 3C, sign up at http://www.hawkassociates.com/email.aspx.
Forward-looking Statements:
Certain of the statements set forth in this press release constitute "Forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements, including, without limitation, those under "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7. In some cases these statements are identifiable through the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "can," "could," "may," "should," "will," "would" or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward- looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward- looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward- looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.
China 3C Group
Top of page
CNNMoney:Hits and Misses-TASER, Stunning turnaround
http://money.cnn.com/magazines/business2...
Stunning turnaround
Two years ago Taser International's stock was pummeled by accounting issues and a raft of lawsuits filed by people who'd been zapped by its stun guns. But the company has made an electrifying comeback. This year it has settled all of its shareholder litigation and extended its winning record in product liability cases to 52-0.
Meanwhile, its fast-growing core business - sales to law enforcement agencies - rose 59 percent in the second quarter. And in July it made a major play for the consumer market with the C2, a $300 palm-size Taser that comes in designer colors like electric blue. The torrent of good news sparked a rally on Wall Street, with shares more than doubling to upwards of $17.
Paris France picture link
http://news.sky.com/skynews/picture_gallery/picture_gallery/0,,70141-1287734,.html
Associated Press 10.09.07, 3:08 AM ET
Study Indicates Police Taser Use Is Safe
By TIM KLASS 10.09.07, 3:08 AM ET
TASR 18.56 + 0.00
SEATTLE -
Tasers and similar stun guns, increasingly popular among law enforcement agencies nationwide, are generally safe for police to use, according to new research.
In what was called the first large independent study of injuries from Tasers, researchers reviewed 962 cases in six locations. Nearly all the cases they found resulted in no injuries or minor ones such as scrapes and bruises.
"This is the first time we've got an accounting of how likely it is that you'll be seriously injured by one of these devices," said lead researcher, Dr. William P. Bozeman, an emergency medical specialist at the Wake Forest University School of Medicine.
He presented the research Monday at a meeting of the American College of Emergency Physicians in Seattle.
While the research found that stun guns are safe, Bozeman cautioned, "These are serious weapons. They absolutely have the potential to injure or kill people."
In the cases reviewed for the study, two people died, but autopsies found neither death was related to use of a Taser. Three people were hospitalized after being zapped, two with injuries from falls. It was unclear whether a third hospitalization was related to the use of a stun gun, according to the researchers.
Stun guns deliver temporarily disabling bursts of electricity for several seconds. Police say they help avoid hand-to-hand struggles that can injure officers and citizens. They have become common in recent years, with the weapons in use by thousands of law enforcement agencies.
Taser use by police drew national attention recently after video circulated widely of police shocking a university student in Florida who persistently questioned Sen. John Kerry during a forum and refused to yield the microphone.
Taser critics say the devices are prone to misuse by police who fire them too readily at people who may be mentally ill, high on drugs or vulnerable because of medical conditions.
"Those statistics were surprising to me, considering the number of injuries, including to police officers, that have been reported," said Lauren Regan, executive director of the Civil Liberties Defense Center in Eugene, Ore., which opposes the weapons.
By July, Amnesty International USA had tallied 250 cases in six years in which people died after being stunned with Tasers, but the group didn't track the individual causes of death.
According to the manufacturer, Taser International (nasdaq: TASR - news - people ) Inc., the devices have been listed as a contributing factor in about 12 deaths.
Dr. Robert R. Bass, executive director of the Maryland Institute for Emergency Medical Services Systems and a leader in the college's Tactical Emergency Medicine Section, said he was familiar with an earlier analysis that covered 597 cases.
He said he found "somewhat reassuring" the findings that the devices are safer than individual reports of death and injury would suggest.
The cases in the study were compiled by six law enforcement agencies ranging in size. Each had a defined policy on Taser use and injury reporting, and a doctor who works with officers and anyone who is subdued with the devices.
The doctor was responsible for submitting each case to the research team.
The cities were not identified.
The study was paid for by the National Institute of Justice, the Justice Department's research and development branch. But the institute had no part in the study's design or analysis, Bozeman said.
Being that they are a China stock and they produce revenue, it could take off like a rocket with a little publicity. They have done a good job in about 3 years.....:o} All stocks have risk factors, but as long as they move forward I like it.
I believe you, but feel it can go much higher, we'll see...:o}
Yep even bought a few at 95.00 ugh, made money though.....lol
Was in this when it was over a HUNDRED...LOL
Thanks Morm-Here is some more encouragement
Its obvious to everyone following the markets that since the Fed rate cut, China stocks are red hot. Contributing factors include China's robust economy, the weak US dollar, and a typical wave of stock trading momentum. Anything with a China story is running hot.
In case you're thinking how do I find a little China stock that isn't horribly overpriced, that actually has a strong balance sheet, real income and earnings, and hasn't been discovered yet?
Follow the link to www.citronresearch.com for the story.
When is earnings report coming out? eom
It popped through in premarket..;o}
OT-So many smart people here....:o} Can anyone answer this question, I would be interested to know if Nasdaq stocks are going global or is this news only related to hedgefunds and it is an inside deal and it won't affect retail trading? Is this (if it relates to us as customers) pointing toward 24/7 trading across the globe? I have no clue...lol
Thanks
Stock exchanges
Ringing the exchanges
Sep 21st 2007 | NEW YORK
From Economist.com
Rival stock exchanges are busy swapping stakes
INVESTORS may be forgiven for their confusion over the latest round of cross-border share trading among financial exchanges. Five exchanges—stretching around the globe from America to Europe and the Middle East—announced a series of moves on Thursday 20th September that, if approved by regulators, will dramatically change the ownership structure of the world’s leading bourses. Whether the shifts result in better service for the customers of the various exchanges involved remains to be seen. What those exchange users want, in the end, is lower costs and access to the biggest pools of liquidity.
NASDAQ, an American exchange that was previously frustrated in its attempt to take over the London Stock Exchange (LSE), is at the heart of the deals. If all goes ahead, NASDAQ will suddenly find itself in a slew of foreign markets, and with a big new shareholder to boot. NASDAQ had recently turned its attention to OMX, a Nordic exchange operator, only to face a counterbid from Borse Dubai, a recently created firm backed by the government of the Middle Eastern emirate.
This week the rivals struck a compromise of sorts: NASDAQ will gain OMX, while Borse Dubai takes most of the American exchange’s stake in its London rival (NASDAQ will retain a 3.5% of its 31.5% holding built up while manoeuvring to take over the LSE). Meanwhile, the two will also swap stakes in each other: Borse Dubai will take a 20% share in NASDAQ, while the American exchange will take 33% of Dubai’s International Financial Exchange, which controls Dubai Bourse. The new firm will be renamed NASDAQ DIFX. They say the combined entity will expand into other regions as well.
The LSE has spurned a string of takeover offers in recent years. Despite the remodelling and consolidation that has gone on among the world’s other biggest exchanges the LSE has always insisted that it can go on alone. It may succeed in its aim. Dubai's Middle Eastern rival, Qatar, announced that it had also bought a 20% stake in the London exchange. The investors from the Middle East may well turn out to be passive and indeed block the ambitions of other exchanges with an eye on the LSE.
The exchanges say customers are driving these sorts of deals. With the explosive growth of hedge funds, there is rising demand for cross-border, cross-asset trading. Technology—of the sort that OMX sells to many financial exchanges around the world—is making such complex deals possible. The rise of multi-asset trades was a keen topic of discussion this week at an options industry conference in New York, where NASDAQ—already with an important role in stock trading—discussed its plans to become the seventh American equity-options exchange.
Politics could play an important role in the success of the proposed slew of exchange deals. Charles Schumer, a member of the Senate banking committee from New York, has already questioned the proposed ownership swap between NASDAQ and Borse Dubai, which would make the Middle Eastern group the largest shareholder in NASDAQ. Last year Mr Schumer joined a firestorm of criticism over the purchase by another Dubai group of six American ports (they were later sold on to another American firm).
Regulators in the various countries involved will also have to approve the complex web of transactions. Although capital flies around the world at the touch of a button these days, regulators are still rooted firmly at the national level. This makes sense: they are in effect charged with striking the appropriate balance between the interests of “Main Street” and Wall Street. Given the complexity of the latest transactions, it is likely that the job of sorting out exactly where the balance of those interests ultimately rests in this case could take some time.
OT-So many smart people here....:o} Can anyone answer this question, I would be interested to know if Nasdaq stocks are going global or is this news only related to hedgefunds and it is an inside deal and it won't affect retail trading? Is this (if it relates to us as customers) pointing toward 24/7 trading across the globe? I have no clue...lol
Thanks
Stock exchanges
Ringing the exchanges
Sep 21st 2007 | NEW YORK
From Economist.com
Rival stock exchanges are busy swapping stakes
INVESTORS may be forgiven for their confusion over the latest round of cross-border share trading among financial exchanges. Five exchanges—stretching around the globe from America to Europe and the Middle East—announced a series of moves on Thursday 20th September that, if approved by regulators, will dramatically change the ownership structure of the world’s leading bourses. Whether the shifts result in better service for the customers of the various exchanges involved remains to be seen. What those exchange users want, in the end, is lower costs and access to the biggest pools of liquidity.
NASDAQ, an American exchange that was previously frustrated in its attempt to take over the London Stock Exchange (LSE), is at the heart of the deals. If all goes ahead, NASDAQ will suddenly find itself in a slew of foreign markets, and with a big new shareholder to boot. NASDAQ had recently turned its attention to OMX, a Nordic exchange operator, only to face a counterbid from Borse Dubai, a recently created firm backed by the government of the Middle Eastern emirate.
This week the rivals struck a compromise of sorts: NASDAQ will gain OMX, while Borse Dubai takes most of the American exchange’s stake in its London rival (NASDAQ will retain a 3.5% of its 31.5% holding built up while manoeuvring to take over the LSE). Meanwhile, the two will also swap stakes in each other: Borse Dubai will take a 20% share in NASDAQ, while the American exchange will take 33% of Dubai’s International Financial Exchange, which controls Dubai Bourse. The new firm will be renamed NASDAQ DIFX. They say the combined entity will expand into other regions as well.
The LSE has spurned a string of takeover offers in recent years. Despite the remodelling and consolidation that has gone on among the world’s other biggest exchanges the LSE has always insisted that it can go on alone. It may succeed in its aim. Dubai's Middle Eastern rival, Qatar, announced that it had also bought a 20% stake in the London exchange. The investors from the Middle East may well turn out to be passive and indeed block the ambitions of other exchanges with an eye on the LSE.
The exchanges say customers are driving these sorts of deals. With the explosive growth of hedge funds, there is rising demand for cross-border, cross-asset trading. Technology—of the sort that OMX sells to many financial exchanges around the world—is making such complex deals possible. The rise of multi-asset trades was a keen topic of discussion this week at an options industry conference in New York, where NASDAQ—already with an important role in stock trading—discussed its plans to become the seventh American equity-options exchange.
Politics could play an important role in the success of the proposed slew of exchange deals. Charles Schumer, a member of the Senate banking committee from New York, has already questioned the proposed ownership swap between NASDAQ and Borse Dubai, which would make the Middle Eastern group the largest shareholder in NASDAQ. Last year Mr Schumer joined a firestorm of criticism over the purchase by another Dubai group of six American ports (they were later sold on to another American firm).
Regulators in the various countries involved will also have to approve the complex web of transactions. Although capital flies around the world at the touch of a button these days, regulators are still rooted firmly at the national level. This makes sense: they are in effect charged with striking the appropriate balance between the interests of “Main Street” and Wall Street. Given the complexity of the latest transactions, it is likely that the job of sorting out exactly where the balance of those interests ultimately rests in this case could take some time.
A cops take on taser vs. pepper spray
From a cop
I am a cop, a tasr stock holder, and tasr trained user. In the field cops hate pepper spray. SWAT is just a new way to spray pepper. I work in Texas and some of my "customers" do not respond to pepper spray at all. Read the product definition of AVUERT, "The irritant is effective on most humans and animals." Most is not something I would want to bank on. During pepper spray training we get sprayed and have to still subdue and handcuff a suspect. Most hyped up "customers" can fight through pepper spray. No one I have seen can fight through a tasr hit. Also, pepper spray gets everywhere when it is sprayed. Including me, my car, the jail personnel, my laundry... No cop wants pepper spray!
Thanks EZ2, nice!!!!
3 views on dilution of stock....
Foolish Fundamentals: Stock Dilution
By Motley Fool Staff September 5, 2007
2 Recommendations
Get back to the basics with our Foolish back-to-school special! Start your journey here.
Stock dilution refers to when a company issues additional stock, for any purpose. Some of those purposes are bad for outside shareholders, some are neutral, and believe it or not, some are actually good. We examine all three scenarios to see how they can affect us as investors.
Let's start with a make-believe company that we can use as a guinea pig to show how its actions can affect its shareholders' ownership. It's got a new weapon to sell that can be set not just to "stun" but also to "disintegrate," a feature that leaves nothing of its target behind but a hollow afterglow. The company is called Phaser (Ticker: RAYGUN). In 2005, Phaser had 100,000 shares of common stock outstanding, a market cap of $1 million, and $100 of net profits.
Now, we need one more guinea pig. Let's call this one Joe Fool. He's an individual investor, and on Dec. 31, 2006, he bought 10,000 shares of Phaser stock. When the company reported its earnings, Joe was elated to learn that, by virtue of his stake, he vicariously earned $10 worth of Phaser's profits. Little did he know what 2007 held in store for him.
Bad stock dilution
In 2007, Phaser decides to engage in the worst of the three main ways that companies dilute their shares: It issues 100,000 stock options to its CEO. For the time being, Phaser has a "basic share count" of 100,000 shares actually outstanding. But because its CEO will eventually exercise his or her stock options (i.e., tell the company to issue 100,000 shares to him or her and then sell them on the open market), Phaser now has a hypothetical, or "diluted," share count of 200,000.
That's bad news for Joe. While he will still own his 10,000 shares, his ownership stake will be diluted once the company issues that extra stock. What does that mean? Well, when Phaser's share count stood at 100,000, and it earned $100, Joe was entitled to 10% (10,000/100,000) worth of those profits, or $10.
But when Phaser issues those 100,000 extra shares, Joe's shares will not equal 10% but just 5% (10,000/200,000) of all shares outstanding. If Phaser earns $100 again the next year, Joe's take from that haul is just $5. Poor Joe.
The CEO, on the other hand, gets 100,000/200,000 worth of the profits, or $50. Lucky CEO!
Thus, the primary reason Fools dislike stock dilution is that it often represents a transfer of wealth from outside shareholders -- you and me -- to insiders.
Ambiguous stock dilution
Stock dilution, however, isn't always bad. But before we look at when it can be good, let's consider the iffy situation of a company that acquires another one and pays for the purchase in stock. Say Phaser wants to expand its business, but it hasn't gotten its gun to work just yet. That poses a problem. Phaser's solution is to buy out a rival -- defense contractor General Dynamics (NYSE: GD). Since Phaser hasn't sold anything and doesn't have any actual, er, cash, it wants to issue its own stock to General Dynamics shareholders in exchange for their shares.
Now, General Dynamics has a market cap of roughly $32 billion. With Phaser shares trading for $10 a stub, our intrepid company will have to issue 3.2 billion new shares to acquire its heart's desire. Doing that will dilute Joe and Phaser's other shareholders thousands of times over. In what universe could that much dilution possibly be a good deal for Phaser shareholders?
The answer requires another question: Is Phaser overpaying for its purchase? If Phaser pays a price equal to General Dynamics' intrinsic value as a business, then the dilution created by the purchase does not really hurt Joe. Yes, Joe's slice of the merged Phaser/General Dynamics pie looks much smaller than his slice of Phaser alone does. But the new pie is much bigger. Picture this: Joe is receiving a much thinner but also much longer slice of the Phaser/General Dynamics pie, in return for his original wide but stubby slice of Phaser.
A smaller piece of a bigger pie
And there's another possibility to consider. Alone, Phaser may not be objectively "worth" the $1 million market cap that the market accords it. If Phaser's stock is overvalued, then paying for an acquisition in inflated-value stock may be a smarter move than paying in cash. During the go-go '90s, most every acquisition you saw from companies such as Cisco (Nasdaq: CSCO) or Microsoft (Nasdaq: MSFT) was paid for in richly valued stock.
Take my shares ... please!
And that brings us to the third major form of stock dilution: secondary offerings. When Phaser gives 100,000 shares to its CEO for a nominal "exercise" price, that's bad for outside shareholders. But what if, before Phaser decides to go that route, the message-board rumor mill gets going and anoints Phaser as the next moon-rocket stock? As Phaser's stock price doubles, triples, and then jumps 10 times more, company management reconsiders, decides not to issue options, and instead sells the 100,000 shares on the open market -- at $600 a pop.
If the company's intrinsic value hasn't changed, and if only its stock price has increased, then this is great news for Joe. After the secondary offering is completed, he again owns 10,000 shares out of 200,000, or 5% -- down from his original 10%. However, Phaser itself is now worth more -- not just from the rumor-bubble pricing of its stock but also intrinsically, because the company has traded 100,000 shares for $60 million in cash. That cash now sits in the company's bank account, and Joe owns 5% of it, or $3 million.
So to sum up, whenever a company issues shares at a price higher than the shares' intrinsic value -- whether it does so to buy another company or to sell the shares and raise cash on the market -- an outside shareholder benefits, despite his or her percentage of ownership being diluted.
And there you have it: the three primary sources of stock dilution, and what they mean to you as an outside shareholder.
Wow that's a big order..:o}
CHCG in previous news hooked up with this co. Could be why we are going up up and away...;o} Chinese stocks can do telephone numbers-experienced it...;o} Good day Pink and BPK!!
*****************
This is the CHCG previous news......
China 3C Group Signs Letter of Intent to Become an Exclusive Agent for Qiao Xing Universal Telephone
Zhejiang Province, China –August 17, 2007 -- China 3C Group (OTC Bulletin Board: CHCG), a rapidly growing retailer and distributor of consumer and business products in China, announced today it has entered into a letter of intent and has begun negotiations relating to the exclusive sales and distribution in Zhejiang Province by China 3C Group of the “CECT” brand of mobile phones manufactured by NASDAQ-listed, Qiao Xing Universal Telephone, Inc.
Chairman and CEO of China 3C Group Zhenggang Wang stated, “We are excited about the potential of this new arrangement with Qiao Xing. Qiao Xing is well-known in China, especially for its “CECT” brands of mobile phones and other well-known brands, which we will exclusively represent in Zhejiang, one of China’s most prosperous provinces. We believe that Qiao Xing has recognized the value that China 3C brings in our unparalleled ability to rapidly bring electronics from the factory to the store, using our supply chain relationships.
“We expect this exclusive relationship to have a positive effect on our financial performance going forward. We plan to communicate further details to the public when we agree on the final terms with Qiao Xing.”
****************
Press Release Source: Qiao Xing Universal Telephone, Inc.
Qiao Xing Universal Telephone, Inc. Provides Estimates of Certain Key Financial Data for the Second Quarter of 2007
Wednesday September 5, 8:09 am ET
Gross Margin Increased From 19.76% for the Same Period in 2006 to 31.19%
HUIZHOU, China, Sept. 5 /Xinhua-PRNewswire-FirstCall/ -- Qiao Xing
Universal Telephone, Inc. (Nasdaq: XING - News) today provides estimates, of certain
key financial data of the Group for the second quarter of 2007(Q2) ahead of
the release of the Q2 income statement, which will include information about
earnings per share.
Mr. Wu Rui Lin, Chairman of XING, said, "We are very glad to see all the significant achievements made by both of our two major operating subsidiaries."
Dr. David Li, Chief Executive Officer of CEC Telecom Co., Ltd. (CECT), a major operating subsidiary of XING engaged in the mobile phone handset business in China under the 'CECT' brand, said, "CECT has been able to successfully continue its track record of developing new mobile phones that offer differentiated features that specifically cater to the demands of end customers in China. CECT more than doubled the number of handset units that were sold in the same quarter last year, mainly due to the increase in sales volume of its C1000-series handsets. The sales volume of the original CECT- branded C1000 model that was released in November 2006 continues to increase; CECT almost sold as many units of the C1000 in the second quarter as it did for its entire product line in the first quarter. The release of new upgraded versions, including the C1000+, which offers password protection and a sleek new design, and the C2000, which adds multimedia functions such as MP3 and MP4 players, and a digital camera, are now accelerating CECT's strong performance."
Mr. Wu Zhi Zhong, CEO of XING's a other operating subsidary, said, " Huizhou Qiao Xing Communication Industry, Ltd. (HZQXCI) is also experiencing significant growth. For its mobile phone business, HZQXCI has substantially completed the transition of the product portfolio from full range to lower-end and the related adjustments in research and development and in the distribution network. A number of new models of COSUN-branded mobile handsets have recently been launched. They included the T2188 model, of which orders for 300,000 units have been already been received."
2Q Financial Review of the Operations
Net sales increased RMB260.9 million from RMB740.2 million for the second quarter of 2006 to RMB 1,001.1 million for the second quarter of 2007. The increase was mainly attributable to the sale of CECT-branded mobile phone handsets.
Revenues for the sale of CECT-branded handsets were RMB844 million (US$111 million) in the second quarter of 2007, an increase of 33.3% from RMB633 million in the second quarter of 2006, primarily due to higher handset shipments.
Shipments of CECT-branded handsets in the second quarter of 2007 were 1,055,000 units, an increase of 114.2% compared to 492,000 units in the second quarter of 2006. The growth in handset shipments in the second quarter of 2007 was primarily due to the increase in the sales volume of the C1000, an ultra- long standby handset model, achieving 610,000 in unit sales in the second quarter of 2007. Additionally, the C1000+ and C2000, which are both upgraded models based on the C1000, were both launched in May 2007 and sold approximately 260,000 units in May and June 2007. Older handset models, such as the IP1000, A1000 and others continue to maintain a stable sales volume.
Gross profit increased RMB165.9 million from RMB146.3 million for the second quarter of 2006 to RMB312.2 million for the second quarter of 2007. The increase was mainly attributable to the gross profit contribution from the sale of CECT-branded mobile phone handsets.
Gross profit for CECT-branded handsets was RMB283 million (US$37.2 million) in the second quarter of 2007, or 33.5% of revenues, which was an increase from a gross profit of RMB115 million, or 18.2% of revenues in the second quarter of 2006.
The increase in gross profit and the improvement in gross margin were primarily due to the increase in sales of higher-margin handset products. In addition, the sale of the new CECT-branded C2000 model handsets through a new TV infomercial arrangement also contributed to the increase in the Company's gross profit. Under this new arrangement, the Company sells its handsets to the infomercial company at a higher price, but in return, the Company bears the airtime and logistics costs.
Included in the operating expenses were share-based compensation of RMB15.6 million (USD2.1 million) and amortization of acquired intangible assets of RMB6.3 million (USD0.8 million).
Share-based compensation related to XING's subsidiary Qiao Xing Mobile Communication Co., Ltd., (QXMC) which holds a majority stake in CECT. Management is still in the process of assessing the value of ordinary shares that were valued by an independent appraiser for the purpose of determining the share-based compensation expenses associated with the share options to purchase shares of QXMC that were granted on March 19, 2007 by QXMC and which remain unexercised as of June 30, 2007. Given the preliminary nature of the estimates, the actual share-based compensation expenses for the second quarter of 2007 may be materially different from management's current expectations.
Amortization of intangible assets related to the intangible assets of CECT acquired in the acquisition of 65% equity interest in CECT by QXMC on February 8, 2003 and the acquisition of 20% equity interest in QXMC by XING on November 30, 2006.
Recent Development and Outlook
Encouraged by the success of direct sales via infomercials as a new distribution channel, CECT, a major subsidiary of the Company in the mobile phone handset business, recently signed an agreement with Bei Dou Communication and Equipment Company Limited to gain access to the largest Internet sales platform for mobile phones in China.
CECT is also looking forward to the launch of several new innovative products. These include the BT-30 that features a built-in analog TV, which will allow users to access TV anywhere and is expected to see great demand ahead of the 2008 Olympic Games in China. Overall, CECT's ultra-long standby models still uniquely position itself in the domestic market. We believe that CECT's basic ultra-long standby phones, along with newer models with upgraded features, will remain a key driver of CECT's growth in the coming quarters.
The Company believes that the second half of 2007 would see some growth in its subsidiary Huizhou Qiao Xing Communication Industry, Ltd. (HZQXCI)'s economy mobile phone handset business, following adjustments in HZQXCI's mobile phone product portfolio and its related research and development and distribution network.
Driven by fast growth in exports, which has recently been at the pace of about 40% year-on-year, and more large-volume orders from telecommunication operators, XING'S indoor phone business is set to prosper in 2007. Recently, HZQXCI has finalized the arrangement to export indoor phones to one of the world's largest telecommunication operators. The first shipments are expected to take place before the end of the third quarter of 2007.
About Qiao Xing Universal Telephone, Inc.
Qiao Xing Universal Telephone, Inc. is one of China's largest manufacturers and distributor of telecommunications products in China. QXUT's product portfolio includes telecommunications terminals and related products, including fixed wireless phones, VoIP telephones, mobile handsets, PDAs and consumer electronic products, including MP3 players, cash registers and set- top-box products. The Company primarily conducts its business through its operating subsidiaries CEC Telecom Co., Ltd (CECT), and Huizhou Qiao Xing Communication Industry Co., Ltd (HZQXCI), a company engaged in R&D and distribution of indoor telephone sets and economy mobile phones under the COSUN brand. The Company Group has built a strong distribution network comprised of more than 5,000 retail stores throughout China and has established partnerships with major retailers in Europe, North America and Latin America, including Bellsouth and Wal-Mart. For more details, please visit http://www.cosun-xing.com .
Safe Harbor Statement
This announcement contains forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words or phrases such as "aim," "anticipate," "believe," "continue," "estimate," "expect," "intend," "is /are likely to," "may," "plan," "potential," "will" or other similar expressions. Statements that are not historical facts, including statements about Qiao Xing Universal's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward- looking statement. Information regarding these factors is included in our filings with the Securities and Exchange Commission. Qiao Xing Universal does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of September 5, 2007, and Qiao Xing Universal undertakes no duty to update such information, except as required under applicable law.
For further information, please contact:
Rick Xiao
Tel: +86-752-2820268
Email: rickxiao@qiaoxing.com
BPK-Does it count-I am reading the board.lol.eom
I am not sure how to delete, do I just hit cancel
PRETTYNpink-Haven't seen any yet. Didn't get to CNBC, was busy working...;o{
CNBC has on Market close next about China etc... investments, lets see what they say.
LOL....those cooks get away with way too much nice and polite handling. Some of them should feel some punishment right off the bat. Hey they don't have kid gloves when they try to beat up the police, betcha.....;o}
I take it as, this guy was on drugs and usually it takes more Taser power to get them down, but if they use too much it may kill them. I sure would not want to be a policeman. Wish some of those that are against the use of Tasers, got a little taste of being in a dangerous situation like the police are in all the time.
Colorado Taser Story Gets Better & Better
29-Aug-07
BOULDER, Colo. -- A Boulder policeman who arrived a few seconds after a freshman's throat was slashed is relieved the stabbing at the University of Colorado didn't turn out worse. Master Officer John Smith said he heard screaming and saw students running away. He ran to help and faced what would be one of the more stressful situations of his three-decade career.
"It evolved very rapidly and I thought it worked out real well," said Smith.
A Boulder County sheriff's deputy, Stuart Holt, already had a gun pointed at the suspected attacker, Kenton Astin.
Smith told Holt he was next to him and started to prepare to use his Taser gun.
By his count, it's been eight or nine years since he was issued the less-lethal weapon and he was about to use it for the first time.
He said the suspect dropped the knife, but kept moving toward him, punching numbers into a cell phone, threatening to detonate something, counting down toward one.
And, he was rambling.
"'I'm the creator. I'm ... something along those lines. It's the end of the world. Columbine,'" Smith said, describing what Astin was saying.
Smith deployed the Taser but it didn't stop the suspect in his tracks.
"It distracted him enough that we were able to then close on him and take him to the ground. So it was effective," said Smith.
Several others helped the two officers get control and handcuff Astin.
A day later, Smith realizes that, considering where the suspect was, it would have been a different story if he had used a gun to take him down. Astin was standing at the top of a flight of stairs, in front of the busy University Memorial Center building, with students all around.
"You know, my daughter is a college student. So those things come into play as well," Smith said.
He won't look for accolades but he's glad no shots were fired.
"Well, it makes you feel great. You know, we always want to be in a position to stop things before, you know, they get worse," Smith said. "This is our job. This is what we're out there to do. And if we're called on to do it and have the opportunity to be in the right place at the right time, that's just what we're going to do."
http://www.thedenverchannel.com/news/139...
It was the same way in 04. Everyone can see what you are saying is true, but some people just have it in for TASR. Many short this stock or maybe the AI people don't have any other job prospects, so they have to hold that position or they would be out on their keester.......lol
08/26/2007-Move over, Mace. You've got competition.
Taser debuts new personal stun gun line, raising questions
Taser International announced last month that shipments had begun on the Taser C2 Personal Protector.
Looking like something out of "Star Trek," the Arizona-based company's new stun gun for the general public combines fashion with personal safety, and at a fraction of the size and cost of the preceding citizen model.
"Although we have sold over 136,000 (citizen) Taser systems to consumers since 1994, our focus since 1998 has primarily been in the law enforcement arena," said Kathy Hanrahan, president and chief operating officer of Taser International.
During the past year, she said company engineers worked to modernize the device, to make it more marketable to the general public.
"We can't even make them quick enough," said Steve Tuttle, Taser's vice president of communications. "We sold out the entire stock at Cabela's (outdoor outfitter) the first weekend. The pink ones sold first."
Along with the new look, the company touts a "revolutionary" background check component to provide accountability.
While some observers see no problem with another option for self-defense, others have some reservations about the product.
"It's a significant weapon that's being marketed as a relatively easy, simple-to-use tool," said Dori Dinsmore, Midwest regional director for Amnesty International USA. "Did you see the colors they come in? They look like cell phones.
"It is a weapon, and it needs to be treated as a weapon."
About C2
Tuttle said the C2 was purposely designed to be easy to use and to look distinctly different from its predecessor, the X26C. Customers complained the latter was too big for a pocket or purse and looked like a firearm.
"We got the fun colors, of course, but it had to be somewhat fashionable, because most people didn't want to look like they were carrying heat," he said.
Initial shipments of the new Taser - short for Thomas A. Swift Electric Rifle - are being made to select retailers, including Gander Mountain Co. The Mentor location is not one of them yet, but the C2 is available online.
"We only have them in 16 stores for a test nationwide," said Tim Martin, Gander Mountain vice president of public relations. The closest to this area is in Huber Heights, near Dayton.
The base retail price is about $300 for C2 - less than a third of the cost of the X26C.
Also an improvement, Taser representatives say, is the use of a public safety background check technology called CheckLok. The devices are shipped in an inactive state and cannot be used until the purchaser successfully completes a background check using a secure Web site or a toll-free number.
After passing the background check, purchasers are issued an activation code unique to their serial number.
"It's about registration, verification and tracking," Tuttle said.
Like other Taser brand stun devices, the battery-powered C2 employs compressed nitrogen to propel two tiny darts attached by wires up to 15 feet - 20 feet less than those designed for law enforcement. The wires conduct energy that temporarily incapacitates an attacker by overriding sensory and motor functions.
The C2 also features anti-felon identification technology, dispersing 20 to 30 serialized pieces of confetti whenever a Taser cartridge is deployed, to help prevent and track potential misuse.
The package includes a training video.
The weapon comes in four designer shades: black pearl, titanium silver, electric blue and metallic pink.
Mixed reaction
Amnesty International estimates that more than 230 people have died in the United States and Canada after being shocked by Tasers, but its researchers admit the tally is unscientific, based mostly on media reports.
Dinsmore said Amnesty is "not anti-Taser per se."
"International human rights standards support the use of nonlethal weapons whenever possible. However, we do have serious concerns about the way some police departments have deployed Tasers in their communities," she said.
"Our concern is the lack of independent research on the effects of Tasers. It's our allegation that most of the research out there has been funded by Taser or people with ties to Taser."
Dinsmore said the underlying factors often present in in-custody deaths where Tasers have been used, such as drug use and pre-existing heart conditions, haven't been researched.
"When you look at those uses in the civilian market, some of the concerns still occur," she said. "If that person (shocked) does have drugs or alcohol in their system or has a pre-existing heart condition, and they are shocked by the Taser, it may have a different outcome than what the person with the Taser is anticipating."
She also said some states don't have laws governing Taser use.
Ohio is one of them. Lake County Prosecutor Charles E. Coulson said Tasers would not qualify as a firearm under the state's concealed-carry laws.
However, he said if anyone used the device to attack someone, rather than using it to defend themselves, they would be subject to charges of assault and aggravated menacing.
Geauga County Sheriff Dan McClelland, whose deputies use Tasers, has questions about the C2.
"I would want to know more about the background check safeguards," he said. "How easy or hard would it be to assume another person's identity to allow a criminal to activate it?"
Tuttle said it would be highly unlikely based on the random, detailed questions applicants are asked to verify their identities, before even getting to the criminal background check.
His company also regularly does self-policing to ensure its weapons aren't being used improperly. A staff member daily searches the Internet for any crimes committed involving Taser products, Tuttle said.
"We've been selling to consumers the last 13 years. ... There are only seven known crimes using any of our Taser models for citizens, and five of those seven were solved because of the tracing system," he said.
With regard to research on the effects of Tasers, Tuttle said there are some tests that medical ethics would never allow, such as those involving people with heart conditions.
Many local law enforcement departments have adopted the use of Tasers without incident. However, there were two deaths in this area - in Madison Township in September and Lenox Township in Ashtabula County in May 2006 - after the use of the stun guns by police. The Taser wasn't listed as the cause of death in either autopsy report.
So far, Taser International has successfully argued in court that its product is not to blame. In June, the company announced the 52nd wrongful death or injury lawsuit that has been dismissed, or in which the judgment was entered in Taser International's favor.
"We've been cleared in over 200 cases," Tuttle said. "Amnesty International is being disingenuous by having a broken subtraction key on their keyboard."
The company, which also markets to the military, says on its Web site that the use of the Taser is "generally recognized as a safer alternative to other uses of force."
"We will always be controversial if we sell to law enforcement," Tuttle said. "Use of force is not risk-free."
Jim Stuber, owner of the Karate Institute of America's Munson Township site, doesn't see what all the fuss is about.
"As far as defending yourself, what would be taking it too far when someone's trying to assault you?" he said in reference to the C2.
"A man attacking a woman doesn't deserve any consideration. ... Anything to give someone an edge to defend themselves, I would be in favor of."
One of Stuber's students, Rose Geddis, 46, of Montville Township, has a different view.
"I just think if someone's not properly trained, it could be turned around and used on them," she said. "What's a woman going to do? Throw it in her purse and spend five minutes looking for it?"
The Associated Press contributed to this article.
Houston to Increase Taser Contract by $1,871,942
The August 28 Houston council meeting will include an ORDINANCE amending Ordinance No. 2004-1130 to increase the maximum contract amount to contract between the City of Houston, GT DISTRIBUTORS, INC and TASER INTERNATIONAL, INC for Taser Devices, Accessories, Supplies and Repair Services for the Houston Police Department - $1,871,942.22 - General Fund (Item 25)
http://www.houstontx.gov/citysec/agenda....
The original Ordinance 2004-1130 was for a maximum contract amount of $4,679,855.55 over 5 years (Item 75.b).
http://www.houstontx.gov/citysec/agendas...
http://www.houstontx.gov/citysec/agenda.html
Important Medical Study Affirms Safety of Taser
25-Aug-07 07:22 am
The American Journal of Forensic Medicine and Pathology
Can the Direct Cardiac Effects of the Electric Pulses Generated by the TASER X26 Cause Immediate or Delayed Sudden Cardiac Arrest in Normal Adults?
Review
American Journal of Forensic Medicine & Pathology. 28(3):195-201, September 2007.
Ideker, Raymond E. MD, PhD *+++; Dosdall, Derek J. PhD ++
Abstract:
There is only a small amount of experimental data about whether the TASER X26, a nonlethal weapon that delivers a series of brief electrical pulses to cause involuntary muscular contraction to temporarily incapacitate an individual, can initiate ventricular fibrillation to cause sudden cardiac arrest either immediately or sometime after its use. Therefore, this paper uses the fundamental law of electrostimulation and experimental data from the literature to estimate the likelihood of such events. Because of the short duration of the TASER pulses, the large duration of the cardiac cell membrane time constant, the small fraction of current from electrodes on the body surface that passes through the heart, and the resultant high pacing threshold from the body surface, the fundamental law of electrostimulation predicts that the TASER pulses will not stimulate an ectopic beat in the large majority of normal adults. Since the immediate initiation of ventricular fibrillation in a normal heart requires a very premature stimulated ectopic beat and the threshold for such premature beats is higher than less premature beats, it is unlikely that TASER pulses can immediately initiate ventricular fibrillation in such individuals through the direct effect of the electric field generated through the heart by the TASER. In the absence of preexisting heart disease, the delayed development of ventricular fibrillation requires the electrical stimuli to cause electroporation or myocardial necrosis. However, the electrical thresholds for electroporation and necrosis are many times higher than that required to stimulate an ectopic beat. Therefore, it is highly unlikely that the TASER X26 can cause ventricular fibrillation minutes to hours after its use through direct cardiac effects of the electric field generated by the TASER.
http://www.amjforensicmedicine.com/pt/re...!-79285651!181195629!8091!-1
Thanks Infolode...;o} I didn't realize there were that close in name and area of products.
Can you tell which 3C they are talking about here? It came in as an alert, maybe you can undo the mystery...;o}
Chi Mei to Launch Own-branded LCD TVs in China Next January
2007/08/22
Taipei, Aug. 22, 2007 (CENS)--Taiwan`s Chi Mei Group recently claimed that it has completed its LCD TV business deployment in mainland China.
Chi Mei has set up LCD TV sales points in Kunshan (Jiangsu Province), and Shenzhen, (Guangdong Province), near the group`s LCD module (LCM) plants in Ningbo (Jiangsu Province) and Fushan (Guangdon Province) run by group affiliate Chi Mei Optoelectronics Corp. (CMO).
The Taiwan-based group is scheduled to begin distributing CMV-branded, its house label, LCD TVs in China in January 2008 and aims to become one of the top-five players in eastern and southern China in the initial stage.
Ben Cheng, vice president of Nexgen Mediatech Inc., Chi Mei`s LCD TV sales arm, pointed out that Chi Mei has completed marketing, manufacturing, and distribution deployment plans in mainland China. He added that Nexgen has tied up with some key distribution channels across the Taiwan Strait, including national chain-stores, regional department stores, 3C (computer, communication, and consumer electronics) shops, etc.
According to Cheng, about four million LCD TVs were sold in China in the first half and the total annual volume is expected to reach nine million this year. In 2008, he added, the overall LCD TVs sales in China is expected to grow to 13 million to 14 million due to the 2008 Beijing Olympics. In the first stage, the vice president said, Nexgen would actively push CMV brand 32- and 42-inch TV models in eastern and southern China, with gradual enlarging of product sizes.
Cheng admitted that his company mapped out sales strategies in China after intensive and careful evaluations because the Chinese LCD TV market brims with fierce price competitions.
Industry insiders said that Nexgen originally planed to contract local Sampo Technology Corp.`s plant in China to assemble the CMV LCD TVs but the project came to a halt after Sampo Technology terminated operation.
Cheng said that his company has found an ideal contract assembler in central China but refused to identify the partner.
Nexgen expects to sell about 350,000 CMV-branded LCD TVs in the global market this year, Cheng claimed, including 200,000 in European Union (EU) market and about 100,000 in Taiwan.
http://cens.com//cens/html/en/news/news_inner_20389.html
TASR's partner-IRobot's Military Business On A Roll
August 21, 2007: 08:05 PM EST
Aug. 21, 2007 (Investor's Business Daily delivered by Newstex) --
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-19050857.htm