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TIGR (.053/.054) News just out!
About to run!!
International Investment Firm Acquires Stake in Tiger Telematics
Tuesday December 24, 10:07 am ET
JACKSONVILLE, Fla., Dec. 24 /PRNewswire-FirstCall/ -- Tiger Telematics, Inc. (OTC Bulletin Board: TIGR - News; www.tigertelematics.com ) headquartered here and with offices in London, UK, said it has been informed by Messer AJ Nassar (Nassar), former Chairman and CEO, that in a private transaction, he has sold 8.9 million shares of TIGR common stock to a private investment group, Juanita Development Group ("Juanita").
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John Clark, Managing Director for Juanita commented, "Juanita Development Group focuses its investment activities on emerging growth ventures by providing investment capital and assisting with the execution of business plans and partnering strategies. Our strategy of focusing on long term growth and developing innovative and proprietary ideas fits nicely with the direction of Tiger Telematics. The successful deployment of the proprietary Location Technology by Tiger Telematics, through a number of business applications and the management team's continued focus on developing true-to-life business applications that create accretive earnings opportunities and enhanced shareholder value make this a very exciting investment opportunity for Jaunita."
Tiger Telematics, Inc also reported in its recent SEC filing that, effective October 17, 2002 it reached an agreement with Messer Nassar and Messer Edward Kenny, former Director of the company, to convert a combined total of four hundred and fifty five thousand ($455,000.00) in Promissory Notes and debt owed by the company into restricted common stock. The common stock, converted at $0.10 per share, carry the restrictions under Rule 144 of the Securities act of 1933. "This transaction was completed to improve the balance sheet and liquidity position of Tiger," advised Michael Carrender, Chief Executive Officer of Tiger Telematics, Inc.
About Tiger
Tiger Telematics, Inc. is a designer, developer and marketer of mobile telematic systems and services that combine global positioning and voice recognition technology to locate and track vehicles and people down to street level in countries throughout the world. The systems are designed to operate on GSM, which is the standard operating system for wireless carriers in the UK and in Continental Europe, and are currently being marketed to GSM current and potential subscribers, primarily by the company's London-based subsidiary, Tiger Telematics Ltd.
Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Tiger Telematics, Inc. and its subsidiary businesses and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Tiger Telematics, Inc.'s operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms; and those risks discussed in the Company's filings with the SEC.
For further information please contact: Mike Carrender, CEO of Tiger Telematics, Inc., +1-904-279-9240.
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VLTS important news today:
Valentis and Schering A.G. Enter Multi-Product Collaboration
Friday December 20, 1:00 am ET
BURLINGAME, Calif., Dec. 20 /PRNewswire-FirstCall/ -- Valentis, Inc. (Nasdaq: VLTS - News) and Schering AG, Germany (NYSE: SHR; FSE: SCH), announced today that they have signed a multi-product license and option agreement to develop and commercialize gene-based therapeutic products. Under terms of the agreement Schering will obtain exclusive, world-wide rights to Valentis' PINC(TM) polymer based synthetic gene delivery and the GeneSwitch® gene regulation technologies for use with up to two genes proprietary to Schering, and an option for non-exclusive rights to the PINC technology for a third gene. Schering will make an initial payment of $1.1 million in cash to Valentis in license and option fees. Additional financial details were not disclosed.
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Welcome back ukie!
You're just in time for the end of the year run!
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I see now -
BB already reported it. (GBLXQ) I made a penny on it!
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GBLXQ?
It's already had its run, I know, but it was fast and furious.
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OT - did anyone get ETRADE premiums?
They were supposed to send out a Rolling Stones briefcase to their quality customers. PM me if you got one! low
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OT - did anyone get ETRADE premiums?
They were supposed to send out a Rolling Stones briefcase to their quality customers. PM me if you got one! low
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It looks like a good move for you, bb!
I hope that it runs to a dollar for you!! (ADOT)
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ADOT is definitely a momo.
Past history indicates that the upward movement will be stopped cold by those who bought lower and will be selling for a 50% (or so) gain.
It could be different this time, but it would have to go up to .0025 to make any real money (no way I'm sinking a wad into this one!) and I'll just watch from afar.
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Keep an eye on SURE/IPXL/NETE
Generic Claritin and Claritin OTC (tomorrow) hit the shelves this month (IPXL).
"The Tier 1 Products are: Loratadine/Pseudoephedrine Sulfate 12 hour Extended Release Tablets (generic of Claritin® D 12-Hour), Loratadine/Pseudoephedrine Sulfate 24 hour Extended Release Tablets (generic of Claritin® D 24-Hour), Loratadine Orally Disintegrating Tablets (generic of Claritin® Reditabs), Bupropion Extended Release Tablets (generic of Wellbutrin® SR Tablets), Bupropion Extended Release Tablets (generic of Zyban® Tablets) and Omeprazole Delayed Release Capsules (generic of Prilosec® Capsules)."
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NETE with good news today
Alliance with Amazon. No real volume yet.
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bb - It may be time to change your handle
["DNAP down she goes. hard to gap these daggon BBs. I dont trust them."]
Maybe this:
I_like_don't_trust_bb_stocks
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The proverbial falling knife..UAL.
It's going to get really ugly, IMO.
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Not recommending it now...
But what's up with ELANW?? +333%??
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Nice find, art! Thanks!!!eom
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CORV - making its move!
Looking good for this week!
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UAL - I got in on the news this morning, Patsy.
I've set a target of 3.40. It'll probably go higher than that, but I've had luck recently hopping in and getting 10-20 percent returns.
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Whip - you're welcome (CORV)
Next week should be really fun. I have an idea that the market is going to be great! Let's make a million before the year's end, what do you say?
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Whip, looks like CORV is trying to break out!
Island is showing .90/.91 now
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Anybody else in CORV?
I jumped in when I saw the ticker on CNBC. In at .80 now .87
I don't know what's up. But all buys.....
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XOXOQ - a warning:
It looks like if you got XOXOQ after 11/15 (and you're still holding - I'm not) you will not be included in the distribution of the new stock. In other words, it would be worthless.
["PERSONS WHO ACQUIRE CLAIMS OR INTERESTS IN XO AFTER NOVEMBER 15, 2002 ARE NOT
ENTITLED TO ANY DISTRIBUTIONS UNDER THE PLAN AND ARE NOT ENTITLED TO PARTICPATE
IN THE RIGHTS OFFERING."]
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BB - how many stocks ran for miles the minute that you called them a POS? I think that the term is "contrarian indicator"! LOL!!!
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Thanks RCT2!
I picked some up at .02
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BB about xoxoq:
Still in with my acct. though I took most off the table at .17 . Took all the profits on the wifie's account. Not taking any chances there!!
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Out of IBCL @ .038!
This has been a great day! How about for you all?
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In another bb stock IBCL
@.028 starting to move.
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xoxoq - round 2
Got 10K for wifie's account @ .122
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The good news is about xoxoq -
That it has only moderate volume so far (8 mill) There's lots more upside, IMO.
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I picked it up, RCT2!
Got in at 11.5 cents! Holding for a big payoff here!
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Probably, BB....
But as you can see from the fact that it's up almost 100% alreaday -- some traders (including me) are letting it run!!!
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xoxoq running for real!
News includes common shareholders.
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xoxoq running! eom
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IDNW a P/E of 4.10?
Sounds too good, but so does a profitable company trading at 4 cents......
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XOXOQ:
"common shareholders will get some of that new equity"
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Much movement on XOXOQ eom
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I agree with you, arabianfrancine about IDNW.
A drop of 50% on profit-taking on good news should imply a rebound on Monday. I even bought a little bit when it bottomed on Friday. It looked like a gift to me. I like gifts!
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IDNW .043/.045
Interesting development, considering the news....I may jump in! Yeah, me! In an OTCBB...WTH......
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DFNS news just out
http://biz.yahoo.com/bw/021115/150104_1.html
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IRAQ capitulates.
Should be a positive for the markets.
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Bought ftgx @.15
Lots of interest. Keep an eye on it!
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