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ARTM .024 7M float. 1st PR in years it appears..
American Nortel Communications, Inc. Announces Additional Features
Press Release | 11/19/2019
SCOTTSDALE, Ariz., Nov. 19, 2019 (GLOBE NEWSWIRE) -- American Nortel Communications, Inc. (ARTM) announces that they have added additional features to Newborhood.com, a wholly owned subsidiary of American Nortel Communications, Inc. Newborhood.com is the premier online moving guide, serving over 12,000 cities in the United States. Movers will now be able to order complete utility packages in all of our markets with a simple click.
“We continue to be focused on helping the thirty million people who move each year in the United States, and look forward to completing the revenue model that addresses over thirty-five million businesses in the United States that are directly affected by the moving industry,” said Bill Williams, CEO of American Nortel Communications, Inc.
About Newborhood.com:
Newborhood is the first end-to-end moving solution that personally guides an individual through the difficult moving process. The proprietary software delivers a personalized and interactive moving guide that is uniquely tailored to an individual’s specific moving needs.
http://www.newborhood.com/
Safe Harbor Clause
This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct.
CONTACT:
AMERICAN NORTEL COMMUNICATIONS, INC.
Bill Williams 214 534-2615
bwilliams@americannortel.com
https://www.otcmarkets.com/stock/ARTM/news
ARTM .022 7M float. 1st PR in years it appears..
American Nortel Communications, Inc. Announces Additional Features
Press Release | 11/19/2019
SCOTTSDALE, Ariz., Nov. 19, 2019 (GLOBE NEWSWIRE) -- American Nortel Communications, Inc. (ARTM) announces that they have added additional features to Newborhood.com, a wholly owned subsidiary of American Nortel Communications, Inc. Newborhood.com is the premier online moving guide, serving over 12,000 cities in the United States. Movers will now be able to order complete utility packages in all of our markets with a simple click.
“We continue to be focused on helping the thirty million people who move each year in the United States, and look forward to completing the revenue model that addresses over thirty-five million businesses in the United States that are directly affected by the moving industry,” said Bill Williams, CEO of American Nortel Communications, Inc.
About Newborhood.com:
Newborhood is the first end-to-end moving solution that personally guides an individual through the difficult moving process. The proprietary software delivers a personalized and interactive moving guide that is uniquely tailored to an individual’s specific moving needs.
http://www.newborhood.com/
Safe Harbor Clause
This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct.
CONTACT:
AMERICAN NORTEL COMMUNICATIONS, INC.
Bill Williams 214 534-2615
bwilliams@americannortel.com
https://www.otcmarkets.com/stock/ARTM/news
FELPU Honestly, .20+ wouldn't surprise me today
My scanners are working fine ty.
FELPU Is leading the herd both in volume and gain hence the one to be in.
FELPU may be the only play all week. Not much other action on the OTC that I can see.
FELPU The only real play today so far.
FELPU guessing 14+ close.
Too much strength for now. Too many wanting a low fill. Not gonna happen imo.
On cruise control now. Beautiful!!!
Thank you for bringing FELPU to the board!
Awesome heads up!!
Agreed.
My son told me that he was going into the gas station to get some gum. He noticed a woman behind him and opened the door for her to go first.
She walked in and said "Thank you, but I can open a door myself."
Is this where we're at now?
I thought we taught our boys right.
This is the second time a similar situation came up like this but with my other boy.
Is it wrong to open a door for a woman nowadays?
Maybe we shouldn't open a door for anyone anymore.
VASO The Company Returns to Profitability for the Quarter
PLAINVIEW, NY / ACCESSWIRE / November 14, 2019 / Vaso Corporation ("Vaso") (VASO) today reported its operating results for the three months ended September 30, 2019.
"The Company recorded an operating profit of $0.8 million for the third quarter of 2019 on revenue of $18.7 million, which remained virtually flat year-over-year. This operating result represented an improvement of over $1.0 million when compared to the operating loss of $0.2 million in the same quarter last year, and was the result of a higher gross profit margin as well as a significant reduction in selling, general and administrative ("SG&A") costs. Year to date, we have reduced SG&A expenses by $2.6 million or 8% year-over-year as a direct effect of the cost cutting measures we implemented in the last several quarters. We anticipate continued improvement in the operating results for the reminder of the year and in the coming quarters," stated Dr. Jun Ma, President and CEO of the Company.
"Our IT segment continues to be a main contributor of the Company's revenue, growing to $11.5 million during the quarter ended September 30, 2019, or 4% over the same quarter in the prior year. We look forward to continued growth in this segment, especially in the healthcare IT business where our expertise in managed network services combined with comprehensive healthcare IT solutions present unique value proposition to a broad base of healthcare provision clients to address their needs for bandwidth, applications, cloud storage and security," Dr. Ma commented.
Financial Results for Three Months Ended September 30, 2019
For the three months ended September 30, 2019, revenue decreased $61 thousand, or 0.3%, to $18.7 million from $18.8 million for the same period of 2018. Quarterly revenue in our IT segment increased $483 thousand or 4% year-over-year. Revenue in the professional sales service segment decreased $518 thousand, mainly due to lower equipment deliveries by our partner. We expect that deliveries of equipment will improve over the remainder of 2019. Revenue in the equipment segment decreased $26 thousand, or 3%, to $906 thousand year-over-year, due to lower sales of EECP® equipment.
Gross profit for the third quarter of 2019 increased 4% to $10.8 million, compared with a gross profit of $10.5 million for the third quarter of 2018. This increase is primarily the result of an increase in revenue in the IT segment where gross profit increased $632 thousand or 14% year-over-year. The IT segment had increased sales and higher gross margins in the network services as well as the healthcare IT VAR business. As the healthcare ITVAR business continues to improve, we anticipate further growth in this segment. Gross profit decreased in the professional sales service and equipment segments in the third quarter 2019 compared to the same period in 2018, by $193 thousand and $49 thousand, respectively, due to lower sales.
SG&A expenses for the third quarter of 2019 decreased 6% to $9.8 million compared to $10.5 million for the same quarter of 2018. The decrease is primarily attributable to decreases in personnel and other costs in the professional sales service and IT segments, resulting from the cost reduction program the Company initiated in the fourth quarter 2018. We anticipate these costs reduction initiatives will result in significant cost savings for the full year 2019.
Research and development costs decreased 15% to $196 thousand in the third quarter of 2019 compared to the same period in 2018, due to lower software development costs in the equipment segment.
Net income for the three months ended September 30, 2019 was $562 thousand, compared to a net loss of $377 thousand for the third quarter of 2018. The improvement of $939 thousand is primarily the result of the increase in revenue and gross profit in the IT segment and the decrease in SG&A costs for the quarter. We expect continued improvement in performance for the remainder of 2019, as we anticipate an increase in equipment deliveries in the professional sales service segment, continued growth in the IT segment, and improved operating results as an effect of our cost reduction initiatives.
Net cash used in operating activities was $2.1 million in the nine months ended September 30, 2019, compared to net cash used in operating activities of $1.5 million for the same period in 2018. Cash and cash equivalents at September 30, 2019 was $1.3 million, compared to $2.7 million at December 31, 2018.
https://finance.yahoo.com/news/vaso-corporation-reports-financial-results-140000770.html
VASO .024 Volume alert on a nice Q report.
BNCM Look where CFGN went on the ask.
He may be the one that's in trouble.
The shares left are shrinking fast.
Nice to see you Bob!
A few more buyers and holders and the MMs will have no choice but to push it up.
130k shares left and that's just us 2.
lol
A share count may be in order.
20k here
Yep, never saw a lower MC in almost 30 years
BNCM market cap now $10,320. lol
BNCM could be a serious moass building here.
I took a few jic.
The MC now $17,000.
That's insane. The MC is like 24 grand lol.
NTGL Ready to go now.
NTGL Count me in. Not missing this one.
11/12/2019 Motion for Appointment
Judicial Officer
Denton, Mark R.
Hearing Time
9:00 AM
Result
Granted
Comment
Motion for Appointment of Custodian
Why don't you and Chivito get a room?
Or create your own.
Bwahahahahaaannoyinghahaha!!
ty, will definitely take a look. Just wish these bad MMs would get lost for a while.
CFGN stuck his ugly head in the box again. Was hoping they would let it breath more but noooo.
OPTI Next leg up coming. Check the OPTI board, some info. coming in and CFGN left the box earlier.
Could be the perfect storm brewing...
Also small floaters have been going nuts as you all know. Keep an eye on it.
Authorized Shares
400,000,000
11/01/2019
Outstanding Shares
37,080,469
11/01/2019
Restricted
6,034,947
11/01/2019
Unrestricted
31,045,522
11/01/2019
Held at DTC
28,682,952
11/01/2019
lol looks like it. Especially since CFGN left the box. That is a big deal alone with this SS.
OPTI Signs of life. May be the perfect storm here.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152152304
CFGN Left the box all together today. Yesterday he just lifted.
The faucet shut off, hoping to see .01+ in the very near future.
Ty
CSTI is actually buying shares on the bid with only a 10k share size.
That's a switch.
OPTI CSTI is actually buying shares on the bid with only a 10k share size.
That's a switch.
OPTI The low float players will find it.
OPTI The low float players will find it.
shares will be tough to get now.
OPTI CFGN Left the box. Could get VERY interesting soon.
CFGN Left the box.wl