busy making sauce
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Nice DBBD earnings news........In for a few @ .20 Look>>>
Digital Broadband Networks Preannounces Revenue and Earnings Estimates for Third Quarter 2003
FLEMINGTON, N.J.--(BUSINESS WIRE)--10/28/2003--Digital Broadband Networks, Inc. (OTCBB:DBBD) www.dbni.net today announced that it anticipates revenues for the three months ended September 30, 2003 to be approximately $4.283 million, 49% higher than the corresponding period ended September 30, 2002. The increase in revenues for the third quarter of 2003 was primarily attributed to increase in fees earned from the production of multimedia programs and consulting services.
Gross profit increased by 256% from $189,303 for the three months ended September 30, 2002 to approximately $667,557 for the three months ended September 30, 2003.
Digital Broadband Networks, Inc. anticipates net income of $412,000 for the three months ended September 30, 2003, compared to a net income of $187,000 for the three months ended September 30, 2002.
Digital Broadband Networks, Inc. cautions that its anticipated results are preliminary, based on the best information currently available, and are subject to customary quarter-end adjustments.
About Digital Broadband Networks:
Digital Broadband Networks, Inc. and its subsidiaries are involved in application development, broadband network operation, delivery of value added applications and services; the sale of devices that utilize broadband networks and the sale of biometric security devices. The Company's principal operations include the development and operation of a wireless broadband network in Malaysia, the development of interactive, multimedia content for the Internet and the development licensing and/or sale of specific products and applications that utilize the capacities of a broadband network. These include the EyStar SmartHome Console, broadband modems, biometric systems and Internet-based cameras. For more information about the above products and services, please visit our websites, www.dbni.net and www.eystar.com.
Safe Harbor Statement:
Investors should carefully consider the preceding information, as well as other information contained herein before making an investment in the common stock of the Company. Information contained herein contains forward-looking statements and information that are based upon beliefs of, and information currently available to management, as well as estimates and assumptions made by management. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "is expected," "intends," "may," "will," "should," "anticipates," "plans" or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to vary materially from historical results or from any future results expressed or implied in such forward-looking statements. Digital Broadband Networks does not undertake to update, revise or correct any forward-looking statements.
L.G. Zangani, LLC provides financial public relations service to the Company, As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of moneys, capital stock in the Company, warrants or options to purchase capital in the Company.
CONTACT:Digital Broadband Networks, Inc. Valerie Looi, 011 (603) 7955 4582 valerie.looi@dbni.net or L.G. Zangani, LLC Leonardo Zangani, 908-788-9660 leonardo@zangani.com
SOURCE: Digital Broadband Networks, Inc.
10/28/2003 10:09 EASTERN
Kabooooooooooooooooooooom.lol.
LVFHF/Excerps from the alst PR.......... some DD to go with the great TA by our TA gurus.
VANCOUVER, Sept. 11 /PRNewswire-FirstCall/ - Las Vegas From Home.com Entertainment Inc. (the "Company" or "LVH") is pleased to announce it has entered into a licensing agreement with Montana Overseas, the Master Licensing Agent for Real Time Gaming ("RTG"), (www.realtimegaming.com). RTG is a leading software games solution provider that powers some of the most successful casinos on the internet. Currently, over fifty licensees worldwide are using the RTG platform.
The Company and RTG are presently in the process of integrating the software to allow Montana Overseas to offer the Company's multiplayer games to their customers worldwide. This integration is expected to be complete for release in the marketplace during the fourth quarter of 2003.
The Company is also in the process of negotiating with several other established well known internet gaming entities to license the Company's product. It is also continually seeking to develop new innovative products.
RIG
NVTL Earnings News............
Novatel Wireless Announces Third Quarter Results; Revenues Increase 36% Year-Over-Year and Gross Margins Improve to 27.2%
SAN DIEGO--(BUSINESS WIRE)--10/27/2003--Novatel Wireless, Inc. (Nasdaq:NVTL), a leading provider of wireless data communications access solutions, today reported financial results for the third quarter ended September 30, 2003.
Net revenues for the third quarter were approximately $8.1 million, a 36% increase from $5.9 million in the same period last year. During the quarter, gross margins significantly improved to 27.2% and the Company cut operating expenses by 50% from the prior year period. These improvements resulted in an EBITDA loss of only $169,000 for the third quarter, a $2.2 million improvement from the prior quarter, as the Company made steady progress toward cash flow break even. The net loss under GAAP was $1.8 million, a $3.2 million improvement from $4.9 million reported in the same period last year.
Net loss applicable to common shareholders was $2.8 million, or $0.34 per basic and diluted share, which includes non-cash charges of $0.9 million for the accretion of dividends and non-cash interest charges for the beneficial conversion feature on the December 2001 Series A Preferred Stock issuance and the May 2003 Series B equity and debt financing transaction.
"As the market strengthened for our leading products, we made great progress in the third quarter and our customer commitments for 2004 continued to grow," commented Peter Leparulo, Chief Executive Officer of Novatel Wireless. "Our new enhanced agreement with Lucent on UMTS and solid shipments for GPRS represented important milestones for the Company. Over the next six months, we are closely focused on introducing our next generation of CDMA 1X, GPRS and UMTS products and have significant volumes under contract for new product introductions. We expect these new products to contribute to solid momentum in our business and new relationships with key carriers. Additionally, purchase orders in China for product deployed on the China Mobile network represent the next step in our strategy in Asia and Europe, where we are building direct selling efforts with carriers and regionally located representatives to reach these key markets, rather than relying purely on multi-tiered distribution partners."
"Importantly, our business model also continues to improve, with a 74% sequential decrease to our operating loss," added Mr. Leparulo. "Moving forward, we expect to see a sequential increase in revenues of 20-25% and reach cash flow break-even in the fourth quarter."
Recent highlights include:
-- On September 8th, Novatel Wireless announced commercial availability and shipments of the Merlin G301(TM) GSM/GPRS Wireless PC Card Modem through the world's largest mobile operator, China Mobile Communications Corporation.
-- On August 18th, Lucent Technologies, Inc. and Novatel Wireless announced that they will collaborate on the continued development and commercial release of the Merlin U530(TM) to mobile operators throughout Europe and Asia. Novatel Wireless will be one of Lucent's key suppliers of 3G PC cards and could receive orders valued at as much as $50 million over an 18-month period depending on customer demand.
-- In August, Sprint announced a multiyear agreement with the Transplant Resource Center of Maryland to provide PCS Connection Cards by Novatel Wireless (Merlin C201) for their personnel to use with laptops when conducting on-site evaluations and coordination of organ donor suitability.
-- Recently, Novatel Wireless appointed Horst J. Pudwill to its board of directors. Mr. Pudwill has over 20 years of international manufacturing, brand building and corporate acquisition experience in North American, Asian and European markets.
-- During the third quarter, the Company was honored as one of the 2003 Deloitte & Touche Technology Fast 50 Program winners for San Diego, a ranking of the 50 fastest growing technology companies in the San Diego area.
-- In October, Qualcomm awarded the cdmA-List Award(TM), for significant financial, humanitarian or industry impact, to two Sprint PCS customers using the PCS Connection Card (Merlin C201) by Novatel Wireless.
"This quarter, we significantly improved EBITDA and came closer to cash flow break even by increasing gross profit by over $2.5 million sequentially and further reducing SG&A," commented Melvin Flowers, Chief Financial Officer of Novatel Wireless. "Additionally, we improved our balance sheet, as cash increased for the second quarter in a row and we currently have no outstanding bank debt. We are comfortable that we are driving steadily to operational profitability and expect to reach cash flow break even in the fourth quarter."
Novatel Wireless will host a conference call for analysts and investors today to discuss its quarterly results at 5:00 p.m. ET on October 27, 2003. Open to the public, a live Web cast of the conference call will be accessible from the "Investor Relations" section of the Novatel Wireless Web site (www.novatelwireless.com). Following the live Web cast, an archived version will be available on the Novatel Wireless Web site.
ABOUT NOVATEL WIRELESS, INC.
Novatel Wireless, Inc. is a global leader in the design and development of wireless modems, software and custom engineering for use in mobile computing devices. Novatel Wireless Merlin(TM) PC Card and Expedite(TM) Embedded Modems enable high-speed wireless access to personal, corporate and public information via portable computers, handheld devices and vertical market applications. The company delivers innovative 2.5G and 3G solutions to operators, distributors and vertical markets worldwide. Headquartered in San Diego, California, Novatel Wireless is listed on Nasdaq: NVTL. For more information, visit www.novatelwireless.com
Note to Editors: The Novatel Wireless logo, Merlin, and Expedite are trademarks of Novatel Wireless, Inc.. All other brands, products and company names mentioned herein are trademarks of their respective holders. This release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include risks relating to technological changes, continued acceptance of Novatel Wireless' products and dependence on intellectual property rights. These factors, as well as other factors that could cause actual results to differ materially, are discussed in more detail in Novatel Wireless' filings with the United States Securities and Exchange Commission and other regulatory agencies.
NOVATEL WIRELESS, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
September 30, December 31,
2003 2002
--------------- --------------
ASSETS:
Current assets:
Cash and cash equivalents $2,996,000 $1,571,000
Restricted cash 75,000 105,000
Accounts receivable, net 5,851,000 6,937,000
Accounts receivable -- related
party 240,000 276,000
Inventories 2,273,000 4,250,000
Prepaid expenses and other 582,000 1,561,000
--------------- --------------
Total current assets 12,017,000 14,700,000
Property and equipment, net 2,257,000 4,101,000
Intangible assets, net 4,643,000 5,054,000
Other assets 188,000 192,000
--------------- --------------
$19,105,000 $24,047,000
=============== ==============
LIABILITIES AND STOCKHOLDERS' EQUITY:
Current liabilities:
Accounts payable $6,555,000 $6,919,000
Accrued expenses 723,000 1,266,000
Inventory purchase commitments -- 3,983,000
Borrowings under line of credit -- 2,234,000
Restructuring accrual 862,000 1,331,000
Deferred revenues 2,284,000 977,000
Current portion of capital lease
obligations 120,000 133,000
Convertible notes payable 1,722,000 --
--------------- --------------
Total current liabilities 12,266,000 16,843,000
--------------- --------------
Capital lease obligations, net of
current portion -- 38,000
Convertible and redeemable Series A
preferred stock 300,000 665,000
Stockholders' equity:
Convertible Series B Preferred
stock -- --
Common stock 9,000 7,000
Additional paid-in capital 251,088,000 238,640,000
Deferred stock compensation (216,000) (1,729,000)
Accumulated Deficit (244,342,000) (230,417,000)
--------------- --------------
Total stockholders' equity 6,539,000 6,501,000
--------------- --------------
$19,105,000 $24,047,000
=============== ==============
NOVATEL WIRELESS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended Nine Months Ended
September 30, September 30,
2003 2002 2003 2002
------------ ------------ ------------ -------------
Revenue $8,063,000 $5,905,000 $23,211,000 $20,909,000
Cost of Revenue 5,873,000 4,504,000 20,111,000 18,585,000
------------ ------------ ------------ -------------
Gross margin
2,190,000 1,401,000 3,100,000 2,374,000
------------ ------------ ------------ -------------
Operating costs and
expenses:
Research and
development 1,375,000 2,718,000 4,556,000 10,726,000
Sales and
marketing 617,000 989,000 1,906,000 3,684,000
General and
administrative 814,000 1,141,000 2,833,000 4,558,000
Restructuring
charges 176,000 694,000 414,000 1,303,000
Amortization of
deferred stock
compensation(*) 82,000 637,000 663,000 3,082,000
------------ ------------ ------------ -------------
Total operating
expenses 3,064,000 6,179,000 10,372,000 23,353,000
------------ ------------ ------------ -------------
Operating loss (874,000) (4,778,000) (7,272,000) (20,979,000)
Other income
(expense):
Interest income 35,000 25,000 36,000 198,000
Interest expense (823,000) (149,000) (2,547,000) (436,000)
Other, net (86,000) -- (1,000) --
------------ ------------ ------------ -------------
Net loss $(1,748,000) $(4,902,000) $(9,784,000) $(21,217,000)
============ ============ ============ =============
Per share data
Net loss
applicable to
common
stockholders $(2,750,000) $(5,833,000) $(13,925,000) $(37,573,000)
Weighted average
shares used in
computation of
basic and
diluted net
loss per
common share 7,986,148 5,238,794 7,375,564 4,715,948
Basic and
diluted net
loss per common
share $ (0.34) $(1.11) $ (1.90) $(7.97)
(*) Amortization
of deferred
stock compensation:
Cost of
revenue 10,000 25,000 45,000 342,000
Research and
development 27,000 66,000 115,000 260,000
Sales and
Marketing 28,000 64,000 118,000 252,000
General and
Administrative 15,000 482,000 383,000 2,228,000
CONTACT:Novatel Wireless Melvin Flowers, 858-812-3415 www.novatelwireless.com or the blueshirt group, Investor Relations Chris Danne, 415-217-7722 chris@blueshirtgroup.com Brinlea Johnson, 415-217-7722 brinlea@blueshirtgroup.com
SOURCE: Novatel Wireless
10/27/2003 16:10 EASTERN
whitershade/ALMI
Ocassionaly a penny comes along thats worth tucking some away.I believe ALMI is one of those along with RUBM.Watch RUBM closely.
I traded a nice chunck from .095 (ALMI)from the end of last week but will hold the rest I have, which is substantial for the big reward.
Be Well,Rig
whitershade/ALMI
The potential has taken time to digest and now many are doing the math.Even conservative numbers are huge gains from this level.I still maintain that we will be north of .30 by years end.Glad you are making money!!
Rig
ALMI .16 X .168 congrats to those who held and added last week.More upside IMO.I left the house and came back to Kaboooooooooom,
Rig
New ALMI Pr.......... .12 X .125
October 27, 2003 10:05
Atlas Mining Company Updates Shareholders
Jump to first matched term
OSBURN, Idaho, Oct 27, 2003 (BUSINESS WIRE) -- Atlas Mining Company (OTCBB:ALMI) filed an 8-K report with the Securities and Exchange Commission to report the company's recent MESSAGE TO ATLAS MINING COMPANY SHAREHOLDERS dated October 24, 2003 as follows:
Over the past several months we have continued to make strides toward our goals. Our number one goal has been to get the Dragon Mine into production. The purity and unique attributes of our clay have resulted in the rapid expansion of our potential market through the addition of both new users and new applications. We have been in close contact with researchers at Montana State University, who have been hired by the United States Government to find commercial uses for government-owned patents. For example, the Naval Research Laboratory has created a method for using microtubules from halloysite clay as a time-release mechanism with a wide-variety of functions. Along with more conventional applications, we believe that such innovative discoveries will increase demand for our product. So far this year:
-- We have completed a drilling program to determine the extent
of the halloysite clay bed and to verify information from
previous owners.
-- We have completed studies and analysis on costs of
development, mining and processing.
-- We have continued to work with the US Naval Research Lab,
Montana State University, Yale Medical School Research Lab,
and others to move new applications closer to reality.
-- We have processed bulk samples of our product through three
different milling systems in pursuit of an optimal method.
-- We have formed an advisory board to assist us in our product
development and marketing. Dr. Ron Price, Dr. Paul Adler and
Mr. Gareth Tang have joined this team and are very supportive
of our efforts.
One concern we have had this past year is the lack luster performance of our stock. We went through tremendous efforts and expense to get the company into a fully-reporting status with the Security and Exchange Commission, and have strived to keep up our filings. We have targeted a property (the Dragon Mine) with great potential that is environmentally sound, and with a fairly economical cost factor for development. In the mining industry this does not happen very often. We have a resource of at least 300,000 tons of unique halloysite clay with a minimum value of $450.00 per ton. This equates to over $4.00 per share value to our shareholders. If the rest of the investing public understood as well as you, our shareholder, the significance of this, we would not be struggling with a market price of ALMI in the ten-cent range.
Ron Short was hired this year as our Operations Manager. His duties include bidding contracting projects, as well as helping us to establish a plan for the Dragon Mine and the Costa Rica gold project. Ron & I have recently returned from a trip to the Dragon Mine to inspect the shaft, and to formulate a plan to get into a bed of halloysite near the surface. Ron is equally willing to spend time getting his hands dirty, working on a project or to spend time on detailed planning and paperwork.
Our contracting entity has been working steadily this year. Although smaller jobs, the cash flow has helped to maintain our day-to-day activities. I am very proud of Frank Fausett, our operations supervisor, for the good work he has done for us. With Frank's efforts we have continued to keep our presence in the industry. Our recent agreement to manage a gold property in Costa Rica will help provide an additional long term source of income for our company. This project became available to us because of our knowledge of underground narrow vein mining and our reputation and integrity that people like Frank and Ron bring to the company.
Our logging activities this year got off to a slow start, first due to lumber prices, and then fire danger. We have found a window of opportunity this fall to move into the woods, and are optimistic that our loggers will be able to create some additional cash flow for us before winter.
One other goal we have been pursuing has been that of finding a merger partner that will bring assets and positive cash flow into the company. We have met with a number of candidates, and are continuing to do so. The reasoning behind this effort is to bring more value to the company and the shareholders. By adding value and positive cash flow to the company the results would be greatly beneficial to us. We hope to be able to make an announcement to you during the next few months regarding this.
As we move closer to realizing our goals at the Dragon Mine and with our other diverse natural resource interests, I am very excited about the future of our company. We appreciate your continued support of Atlas Mining Company.
Safe Harbor Statement -- As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
SOURCE: Atlas Mining Company
Atlas Mining Company
William T Jacobson, 208-556-1181
www.atlasmining.com
or
Market Advantages
Jason Genet, 480-664-3773
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Rig
ALMI .11 X .125. recent PR with Tang added to the board will not only bring contacts for the sale of halloysite but new investors.He has ties to CCCI ($1.60)which has ties to SINA($42.00).The Halloysite is the ticket IMO!
Rig
SCBI Buyout,
Reuters
CIBER Inc to buy SCB Computer for $90 mln
Monday October 27, 6:48 am ET
NEW YORK, Oct 27 (Reuters) - SCB Computer Technology Inc. (OTC BB:SCBI.OB - News) said on Monday it agreed to be bought by consulting firm CIBER Inc. (NYSE:CBR - News) for about $90 million, or $2.15 per share.
The company said CIBER would pay $1.08 per share in cash, and the rest in stock, for SCB. The deal is expected to close late in the fourth quarter of 2003 or early in the first quarter of 2004.
~ ALMI DD Page~ Updated 10/24/03
Approximate shares o/s 29,123,389 as of 9/04/03
Corporate web site...
http://www.atlasmining.com/
Recent PR's ..........
Atlas Mining Adds Gareth Tang to Advisory Board
Thursday October 23, 1:02 pm ET
http://biz.yahoo.com/bw/031023/235588_1.html
Atlas Mining Enters into Agreement with a Major Industrial Producer to Share Technical Information
Tuesday October 21, 8:45 am ET
http://biz.yahoo.com/bw/031021/215511_1.html
Atlas Mining Company Acquires Additional Timber Land from Louisiana Pacific Corp
Thursday October 9, 1:37 pm ET
http://biz.yahoo.com/bw/031009/95571_1.html
Atlas Mining Finalizes Agreement To Manage Operations At Costa Rican Gold Mine
Monday September 29, 12:03 pm ET
http://biz.yahoo.com/bw/030929/295652_1.html
Atlas Mining Announces Formation of Halloysite Advisory Group
Wednesday September 17, 9:03 am ET
http://biz.yahoo.com/bw/030917/175401_1.html
Atlas Mining Continues Discussions to Operate Costa Rican Gold Mine
Tuesday August 5, 10:18 am ET
http://biz.yahoo.com/bw/030805/55488_1.html
Atlas Mining Receives Halloysite Clay Order from U.S. Naval Research Laboratory
Thursday July 17, 11:01 am ET
http://biz.yahoo.com/bw/030717/175338_1.html
Atlas Mining Signs Memorandum of Understanding to Manage Gold Property
Tuesday May 20, 9:00 am ET
http://biz.yahoo.com/pz/030520/40571.html
Top Industrial Minerals Consultant Paul Adler Interviewed by IPOdesktop.com as Part of Continuing Internet Radio Series on Atlas Mining Company Developments
Thursday December 19, 2002 9:00 am ET
http://biz.yahoo.com/pz/021219/34989.html
Latest CEO Interview by CEOCAST.com
http://ceocast.com/company.cfm?cid=5292
Latest 10Q...
http://biz.yahoo.com/e/030818/almi.ob10qsb.html
Mineral Search Web Site...
http://www.med.govt.nz/crown_minerals/minerals/resources/industrial.html
Worlds Largest Clay/Mineral Company
This company is involved with the New Zealand Mine where the only other Halloysite exists...
http://www.imerys.com/imerys/imerys5.nsf/FrameWeb/Principal2Wo?OpenDocument&nav=1?OpenDocument&a...
Rig
ALMI Shareholder Letter.......
ATLAS MINING COMPANY
P O BOX 968
OSBURN, IDAHO 83849
Symbol: ALMI
October 24, 2003
MESSAGE TO ATLAS MINING COMPANY SHAREHOLDERS
Over the past several months we have continued to make strides toward our goals. Our number one goal has been to get the Dragon Mine into production. The purity and unique attributes of our clay have resulted in the rapid expansion of our potential market through the addition of both new users and new applications. We have been in close contact with researchers at Montana State University, who have been hired by the United States Government to find commercial uses for government-owned patents. For example, the Naval Research Laboratory has created a method for using microtubules from halloysite clay as a time-release mechanism with a wide-variety of functions. Along with more conventional applications, we believe that such innovative discoveries will increase demand for our product. So far this year:
· We have completed a drilling program to determine the extent of the halloysite clay bed and to verify information from previous owners.
· We have completed studies and analysis on costs of development, mining and processing.
· We have continued to work with the US Naval Research Lab, Montana State University, Yale Medical School Research Lab, and others to move new applications closer to reality.
· We have processed bulk samples of our product through three different milling systems in pursuit of an optimal method.
· We have formed an advisory board to assist us in our product development and marketing. Dr. Ron Price, Dr. Paul Adler and Mr. Gareth Tang have joined this team and are very supportive of our efforts.
One concern we have had this past year is the lack luster performance of our stock. We went through tremendous efforts and expense to get the company into a fully-reporting status with the Security and Exchange Commission, and have strived to keep up our filings. We have targeted a property (the Dragon Mine) with great potential that is environmentally sound, and with a fairly economical cost factor for development. In the mining industry this does not happen very often. We have a resource of at least 300,000 tons of unique halloysite clay with a minimum value of $450.00 per ton. This equates to over $4.00 per share value to our shareholders. If the rest of the investing public understood as well as you our shareholder, the significance of this we would not be struggling with a market price of ALMI in the ten-cent range.
Ron Short was hired this year as our Operations Manager. His duties include bidding contracting projects, as well as helping us to establish a plan for the Dragon Mine and the Costa Rica gold project. Ron & I have recently returned from a trip to the Dragon Mine to inspect the shaft, and to formulate a plan to get into a bed of halloysite near the surface. Ron is equally willing to spend time getting his hands dirty working on a project or to spend time on detailed planning and paperwork.
Our contracting entity has been working steadily this year. Although smaller jobs, the cash flow has helped to maintain our day to day activities. I am very proud of Frank Fausett, our operations supervisor, for the good work he has done for us. With Frank's efforts we have continued to keep our presence in the industry. Our recent agreement to manage a gold property in Costa Rica will help provide an additional long term source of income for our company. This project became available to us because of our knowledge of underground narrow vein mining and our reputation and integrity that people like Frank and Ron bring to the company.
Our logging activities this year got off to a slow start first due to lumber prices, and then fire danger. We have found a window of opportunity this fall to move into the woods, and are optimistic that our loggers will be able to create some additional cash flow for us before winter.
One other goal we have been pursuing has been that of finding a merger partner which will bring assets and positive cash flow into the company. We have met with a number of candidates, and are continuing to do so. The reasoning behind this effort is to bring more value to the company and the shareholders. By adding value and positive cash flow to the company the results would be greatly beneficial to us. We hope to be able to make an announcement to you during the next few months regarding this.
As we move closer to realizing our goals at the Dragon Mine and with our other diverse natural resource interests, I am very excited about the future of our company. We appreciate your continued support of Atlas Mining Company.
William T Jacobson
President
ALMI/.095 X .115, accumlating more eom.
In TTRE .175 eom.
EFTI .145 X .15 eom.
EFTI heating up again IMO. .12 X .13 eom.
ALMI News 10/23/03
October 23, 2003 13:02
Atlas Mining Adds Gareth Tang to Advisory Board
Jump to first matched term
OSBURN, Idaho--(BUSINESS WIRE)--Oct. 23, 2003--Atlas Mining Company (OTCBB:ALMI) is pleased to announce that Gareth Tang has joined its Advisory Board. Tang is currently the chairman and CFO of China Cable Communications, the first American company to own and operate a cable television network in China. Tang brings substantial experience and extensive contacts within the Chinese business community. He joins two highly respected names in halloysite research, Dr. Paul Adler and Dr. Ron Price, who joined the Advisory Board upon its formation last month.
Atlas President Bill Jacobson said, "We believe that the Pacific Rim will ultimately become a primary market for our halloysite clay and we expect that Mr. Tang's knowledge and experience will accelerate the development of our business relationships there. We are grateful to Mr. Tang for accepting our invitation to join our Advisory Board."
Tang said, "I am impressed with the potential of Atlas Mining Company. Their halloysite clay is the finest product available and they have a superb opportunity to develop a significant industrial minerals operation at the Dragon Mine. I believe that my involvement can benefit Atlas, not only toward marketing their product in Asian markets, but also toward the pursuit of strategic mergers, acquisitions, and joint ventures to strengthen their future business position."
Atlas anticipates that production financing and operational planning for the Dragon Mine will be announced shortly. According to existing geological reports, the Dragon Mine contains 300,000 tons of high grade halloysite clay, with the potential for up to one million tons. Market prices for Atlas halloysite are expected to range from $450 to $1,000 per ton. Atlas believes that existing product uses, coupled with potential uses arising from ongoing research into its unique microtubular structure, will result in strong demand for its halloysite clay.
Please visit the Atlas website at www.atlasmining.com for more information.
Atlas Mining Company is a diversified natural resources company with its primary focus on the development of the Dragon Mine in Juab County, Utah, the only known commercial source of halloysite clay outside of New Zealand. The purity and quality of halloysite from the Dragon Mine is unmatched anywhere in the world and has spawned considerable research into new applications for this unique product. Atlas also holds mining and timber interests in northern Idaho, and operates an underground mining contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI".
Safe Harbor Statement -- As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
CONTACT: Market Advantages
Jason Genet, 480-664-3773
www.atlasmining.com
ALMI News........
October 23, 2003 13:02
Atlas Mining Adds Gareth Tang to Advisory Board
Jump to first matched term
OSBURN, Idaho--(BUSINESS WIRE)--Oct. 23, 2003--Atlas Mining Company (OTCBB:ALMI) is pleased to announce that Gareth Tang has joined its Advisory Board. Tang is currently the chairman and CFO of China Cable Communications, the first American company to own and operate a cable television network in China. Tang brings substantial experience and extensive contacts within the Chinese business community. He joins two highly respected names in halloysite research, Dr. Paul Adler and Dr. Ron Price, who joined the Advisory Board upon its formation last month.
Atlas President Bill Jacobson said, "We believe that the Pacific Rim will ultimately become a primary market for our halloysite clay and we expect that Mr. Tang's knowledge and experience will accelerate the development of our business relationships there. We are grateful to Mr. Tang for accepting our invitation to join our Advisory Board."
Tang said, "I am impressed with the potential of Atlas Mining Company. Their halloysite clay is the finest product available and they have a superb opportunity to develop a significant industrial minerals operation at the Dragon Mine. I believe that my involvement can benefit Atlas, not only toward marketing their product in Asian markets, but also toward the pursuit of strategic mergers, acquisitions, and joint ventures to strengthen their future business position."
Atlas anticipates that production financing and operational planning for the Dragon Mine will be announced shortly. According to existing geological reports, the Dragon Mine contains 300,000 tons of high grade halloysite clay, with the potential for up to one million tons. Market prices for Atlas halloysite are expected to range from $450 to $1,000 per ton. Atlas believes that existing product uses, coupled with potential uses arising from ongoing research into its unique microtubular structure, will result in strong demand for its halloysite clay.
Please visit the Atlas website at www.atlasmining.com for more information.
Atlas Mining Company is a diversified natural resources company with its primary focus on the development of the Dragon Mine in Juab County, Utah, the only known commercial source of halloysite clay outside of New Zealand. The purity and quality of halloysite from the Dragon Mine is unmatched anywhere in the world and has spawned considerable research into new applications for this unique product. Atlas also holds mining and timber interests in northern Idaho, and operates an underground mining contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI".
Safe Harbor Statement -- As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
CONTACT: Market Advantages
Jason Genet, 480-664-3773
www.atlasmining.com
In ITRO .16 eom.
XYNY .066 X .07 eom.
XYNY continuing up just broke 52 week high now .05 X .055 eom.
XYNY Making a move .044 X .045 eom.
OT:Yanks trying to pull another Rabbit out of their hats! eom.
SMTR News eom.
RUBM .30 X .32.Gave the heads up below .30 this morning.I believe its the last chance at these levels.Good chance for news this week IMO.This stock will go over a buck IMO.
Rig
ALMI News....10/21/03
Press Release Source: Atlas Mining Company
Atlas Mining Enters into Agreement with a Major Industrial Producer to Share Technical Information
Tuesday October 21, 8:45 am ET
OSBURN, Idaho--(BUSINESS WIRE)--Oct. 21, 2003--Atlas Mining Company (OTCBB:ALMI - News) is pleased to announce that it has signed an agreement with a major industrial producer to share technical information regarding its Dragon Mine Halloysite Clay Project and to explore other business relationship possibilities.
According to company sources, Atlas has entered into an agreement with a world-renowned industrial minerals producer that specializes in mining and processing rare minerals. It will commence with Atlas providing geological information on the Dragon Mine and will likely be followed by additional technical exchanges. If the project is found to meet the investment criteria of the counter party, then more advanced, business-related discussions will ensue.
Atlas President Bill Jacobson commented, "Our dialogue is in a preliminary phase, but this agreement is an encouraging first step. Although our current intention remains to bring the Dragon Mine into production ourselves, we recognize that a relationship with a global industrial minerals producer could provide immediate and tangible benefits to the company and its shareholders. Any operational agreements that we ultimately pursue must sufficiently reward Atlas shareholders to obtain our consideration."
Please visit the Atlas website at www.atlasmining.com for more information.
Atlas Mining Company is a diversified natural resources company with its primary focus on the development of the Dragon Mine in Juab County, Utah, the only known commercial source of halloysite clay outside of New Zealand. The purity and quality of halloysite from the Dragon Mine is unmatched anywhere in the world and has spawned considerable research into new applications for this unique product. Atlas also holds mining and timber interests in northern Idaho, and operates an underground mining contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI".
Safe Harbor Statement -- As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
--------------------------------------------------------------------------------
Contact:
For Atlas Mining Company
Market Advantages
Jason Genet, 480-664-3773
www.atlasmining.com
--------------------------------------------------------------------------------
Source: Atlas Mining Company
RUBM .26 X .29 Good chance for News this week.Last chance to buy below .30 IMO.This will go over a buck IMO.DD it hard.
Rig
ENGY, someone take that ask out .0099(BRGE)!! eom.
SMTR news eom.
OT:Evolution, great strategy!! You shall be successful IMO.lol. eom.
OT:Evolution, not a chance! eom.
OT:chipped/Yanks
In the Long Island Newsday today they had a picture of Fenway parks infield.Apparently they had painted the World Series Logos all over the field and decorated all the box seats with flags etc.I think they thought they were gonna be in the world series.
LMAOOOOOOOOOOOOOOOOOOOOOOO.
rig
CESY, when does GNET get on the best bid and off the best ask? Unreal.Where are his shares coming from? Maybe selling for another mmkr.Certainly with todays volume that must be it.Any thoughts?
Rig
CESY .0059 C .0061 eom.
OT:Dusty
I have my own sauce line.Its called Awesome Saucem.I am pictured on the jar wearing a chefs hat,with a handle bar mustache, my fingers twirling the ends of it.Buy Awesome Saucem in an Italian eatery near you!
Rig
Buzz/UNSP
Please be more accurate with your posts.I am not 743 pounds.I am only 662.Cant you read my chart correctly? lol.I do buy up most of the product they sell so rest easy since the health is good.
I believe you will see a national contract as buzz mentioned with a big name wholesaler.It could be for Porcini Mushrooms or something like that.Am I giving you more info than you need? LOL.Anyway, Cant give a time frame on the PR buy I believe it is coming within a reasonable time frame.I will hopefully have an update on that later.
Rig
Latino/GTEC
Thank you!
Rig
Buzz, That was amazing!! Jeter is as good a clutch hitter as there is.Good Night!
Rig
Posted by: EYE_ON_WALLST
In reply to: None Date:10/16/2003 8:58:17 PM
Post #of 19233
How are the Yankees doing?...LOL
EYE they WON!! lmao.
Rig
Added more today @ .88.And BTW chipped,
Great job with the board!! havent been here in a while and am enjoying the tune while my Yankees figure out how they are gonna get out of the hole they are in.lol.
Be Well,Rig