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Cramer says Sell Sell Sell eom
BVSN wants R/S & rights offering at .45
BroadVision, Inc. to Convert All Secured Notes to Equity; Company Also Plans Rights Offering and Possible Reverse Stock Split
via COMTEX
December 20, 2005 5:27:01 PM
REDWOOD CITY, Calif., Dec 20, 2005 (BUSINESS WIRE) --
BroadVision, Inc. (Nasdaq:BVSN), a global provider of web self-service solutions, today announced that it has entered into a definitive agreement for the conversion of approximately $15.5 million of principal and interest on outstanding secured convertible notes into common shares of the Company. The notes are currently held by Dr. Pehong Chen, Chairman and CEO of BroadVision. Under the agreement with Dr. Chen, the Company will issue 34.5 million common shares, representing approximately 50% of the post-conversion shares outstanding, at a price of $0.45 per share in exchange for cancellation of the notes. The conversion is anticipated to take place within the coming two weeks. The closing price of the Company's common stock on the NASDAQ National Market on December 20, 2005 was $0.60 per share.
In conjunction with the conversion, the Company today also announced its intention to effect, as soon as practicable, a rights offering under which all stockholders of record at the close of business on December 20, 2005 will receive nontransferable rights to purchase approximately 5.9 additional common shares at $0.45 per share for each common share then held. Dr. Chen and his affiliates have waived any right to purchase shares in the rights offering. The rights offering will be made only by means of a prospectus anticipated to be filed with the Securities and Exchange Commission as part of a registration statement. A registration statement relating to the rights offering has not yet been filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the rights offering, nor shall there be any sale of any securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
In order to put the Company in a favorable liquidity position promptly while maintaining its NASDAQ listing, the Company has requested a waiver of NASDAQ's stockholder approval requirement with respect to the conversion of the notes. Should this request not be approved within the anticipated timetable for the conversion, the Company may elect to voluntarily delist its shares from the NASDAQ National Market, in which case its shares would begin trading over-the-counter on the OTC Bulletin Board operated by NASDAQ.
As previously announced, the Company has received notice from NASDAQ that its shares are subject to potential delisting as of March 6, 2006, if the bid price of the Company's common stock continues to trade below $1.00 per share through that date. The Company may choose to seek stockholder approval of a reverse stock split of its shares to regain compliance with the minimum bid price rule.
"In follow-up to our announcement in late November, we've been working diligently to restructure the secured notes under terms that we believe are beneficial to our stockholders," said Bill Meyer, BroadVision's Chief Financial Officer. "This restructuring, which relieves the Company of approximately $3.4 million of amortization and debt service costs and $500,000 of interest expense per quarter, is a major step towards our goal of generating consistent profitability and positive cash flows."
About BroadVision
BroadVision (Nasdaq:BVSN) is a global provider of web self-service solutions. Its agile commerce and portal applications enable customers to quickly create and adapt online processes to keep pace with changing business requirements. Over 1,000 organizations, serving nearly 75 million registered users, rely on BroadVision's open solutions to power and personalize their mission-critical web initiatives. Additional information about BroadVision can be obtained at www.broadvision.com.
BVSN wants R/S & rights offering at .45
BroadVision, Inc. to Convert All Secured Notes to Equity; Company Also Plans Rights Offering and Possible Reverse Stock Split
via COMTEX
December 20, 2005 5:27:01 PM
REDWOOD CITY, Calif., Dec 20, 2005 (BUSINESS WIRE) --
BroadVision, Inc. (Nasdaq:BVSN), a global provider of web self-service solutions, today announced that it has entered into a definitive agreement for the conversion of approximately $15.5 million of principal and interest on outstanding secured convertible notes into common shares of the Company. The notes are currently held by Dr. Pehong Chen, Chairman and CEO of BroadVision. Under the agreement with Dr. Chen, the Company will issue 34.5 million common shares, representing approximately 50% of the post-conversion shares outstanding, at a price of $0.45 per share in exchange for cancellation of the notes. The conversion is anticipated to take place within the coming two weeks. The closing price of the Company's common stock on the NASDAQ National Market on December 20, 2005 was $0.60 per share.
In conjunction with the conversion, the Company today also announced its intention to effect, as soon as practicable, a rights offering under which all stockholders of record at the close of business on December 20, 2005 will receive nontransferable rights to purchase approximately 5.9 additional common shares at $0.45 per share for each common share then held. Dr. Chen and his affiliates have waived any right to purchase shares in the rights offering. The rights offering will be made only by means of a prospectus anticipated to be filed with the Securities and Exchange Commission as part of a registration statement. A registration statement relating to the rights offering has not yet been filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the rights offering, nor shall there be any sale of any securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
In order to put the Company in a favorable liquidity position promptly while maintaining its NASDAQ listing, the Company has requested a waiver of NASDAQ's stockholder approval requirement with respect to the conversion of the notes. Should this request not be approved within the anticipated timetable for the conversion, the Company may elect to voluntarily delist its shares from the NASDAQ National Market, in which case its shares would begin trading over-the-counter on the OTC Bulletin Board operated by NASDAQ.
As previously announced, the Company has received notice from NASDAQ that its shares are subject to potential delisting as of March 6, 2006, if the bid price of the Company's common stock continues to trade below $1.00 per share through that date. The Company may choose to seek stockholder approval of a reverse stock split of its shares to regain compliance with the minimum bid price rule.
"In follow-up to our announcement in late November, we've been working diligently to restructure the secured notes under terms that we believe are beneficial to our stockholders," said Bill Meyer, BroadVision's Chief Financial Officer. "This restructuring, which relieves the Company of approximately $3.4 million of amortization and debt service costs and $500,000 of interest expense per quarter, is a major step towards our goal of generating consistent profitability and positive cash flows."
About BroadVision
BroadVision (Nasdaq:BVSN) is a global provider of web self-service solutions. Its agile commerce and portal applications enable customers to quickly create and adapt online processes to keep pace with changing business requirements. Over 1,000 organizations, serving nearly 75 million registered users, rely on BroadVision's open solutions to power and personalize their mission-critical web initiatives. Additional information about BroadVision can be obtained at www.broadvision.com.
VRA Proxy Meet A/S to 250Mil, more
Press Release Source: Viragen, Inc.
Viragen Reports Annual Meeting Voting Results
Tuesday December 20, 1:57 pm ET
PLANTATION, Fla., Dec. 20 /PRNewswire-FirstCall/ -- Viragen, Inc. (Amex: VRA - News) today reported voting results from its 2005 Annual Meeting of Stockholders held on December 15th in Plantation, Florida.
Stockholders approved all proxy voting items including:
1) The reelection of Dr. Randolph A. Pohlman and the election of Dr. Nancy A. Speck as Class B members of the Company's Board of Directors.
2) The possible issuance of more than 19.9% of VRA common stock at below fair market value in a financing transaction pursuant to which Viragen received gross proceeds of $2 million through the sale of its convertible debentures and common stock purchase warrants to four institutional investors.
3) An amendment to Viragen's Certificate of Incorporation to increase the number of shares of common stock it is authorized to issue, from 100 million to 250 million.
4) The appointment of Ernst & Young LLP as Viragen's independent registered public accounting firm for the fiscal year ending June 30, 2006.
In addition, it was reported at the Meeting that representatives of Viragen met with Swedish regulatory authorities in connection with their continuing review of Viragen's application seeking approval for Multiferon® as a new first-line adjuvant therapy for the treatment of malignant melanoma. Viragen believes that the meeting was positive, and it continues to provide responses to the regulatory body's requests for information. A final decision on the application is expected in the very near future. Viragen remains optimistic of a positive outcome to its application.
About Viragen, Inc.:
With global operations in the U.S., Scotland and Sweden, Viragen is a biotechnology company engaged in the research, development, manufacture and commercialization of pharmaceutical proteins for the treatment of viral diseases and cancers. Our product portfolio includes: Multiferon® (multi- subtype, natural human alpha interferon) targeting a broad range of infectious and malignant diseases; and humanized monoclonal antibodies targeting specific antigens over-expressed on many types of cancers. We are also pioneering the development of Avian Transgenic Technology, with the renowned Roslin Institute, as a revolutionary manufacturing platform for the large-scale, efficient and economical production of human therapeutic proteins and antibodies.
VRA Meeting A/S upped to 250Mil, more
Press Release Source: Viragen, Inc.
Viragen Reports Annual Meeting Voting Results
Tuesday December 20, 1:57 pm ET
PLANTATION, Fla., Dec. 20 /PRNewswire-FirstCall/ -- Viragen, Inc. (Amex: VRA - News) today reported voting results from its 2005 Annual Meeting of Stockholders held on December 15th in Plantation, Florida.
Stockholders approved all proxy voting items including:
1) The reelection of Dr. Randolph A. Pohlman and the election of Dr. Nancy A. Speck as Class B members of the Company's Board of Directors.
2) The possible issuance of more than 19.9% of VRA common stock at below fair market value in a financing transaction pursuant to which Viragen received gross proceeds of $2 million through the sale of its convertible debentures and common stock purchase warrants to four institutional investors.
3) An amendment to Viragen's Certificate of Incorporation to increase the number of shares of common stock it is authorized to issue, from 100 million to 250 million.
4) The appointment of Ernst & Young LLP as Viragen's independent registered public accounting firm for the fiscal year ending June 30, 2006.
In addition, it was reported at the Meeting that representatives of Viragen met with Swedish regulatory authorities in connection with their continuing review of Viragen's application seeking approval for Multiferon® as a new first-line adjuvant therapy for the treatment of malignant melanoma. Viragen believes that the meeting was positive, and it continues to provide responses to the regulatory body's requests for information. A final decision on the application is expected in the very near future. Viragen remains optimistic of a positive outcome to its application.
About Viragen, Inc.:
With global operations in the U.S., Scotland and Sweden, Viragen is a biotechnology company engaged in the research, development, manufacture and commercialization of pharmaceutical proteins for the treatment of viral diseases and cancers. Our product portfolio includes: Multiferon® (multi- subtype, natural human alpha interferon) targeting a broad range of infectious and malignant diseases; and humanized monoclonal antibodies targeting specific antigens over-expressed on many types of cancers. We are also pioneering the development of Avian Transgenic Technology, with the renowned Roslin Institute, as a revolutionary manufacturing platform for the large-scale, efficient and economical production of human therapeutic proteins and antibodies.
Forbes: 7 2005 leading SEC scams, no CMKX?
http://www.forbes.com/2005/12/20/sec-enforcement-investing-cz_wb_1220sec.html?partner=alerts
LOS ANGELES - As 2005 winds to a close, the U.S. Securities & Exchange Commission is out there trying to make the world a safer place for investors. But if anything, a flock of end-of-the-year enforcement actions underscore the fragility of that safety net. There's no substitute for personal vigilance by investors, who in these cases likely will endure losses despite the best efforts of the feds. That's because the alleged scamsters, while working many time-tested themes, at least are trying harder.
These cases actually are pretty good advertising for major brokerages, like Merrill Lynch (nyse: MER - news - people ), A.G. Edwards (nyse: AGE - news - people ) and the Smith Barney unit of Citigroup (nyse: C - news - people ). In all but one of these instances, the investor dealt directly with the alleged fraudster instead of going through a financial intermediary who might have said, whoa, there's no such thing as a guaranteed big return without risk.
See some of those who were Caught By The SEC.
PCCN POS up to #1 Active eom
FNRP only has fax # at pinksheets
FNRP -- Feinstein Report, Inc. (The)
Com ($0.001)
Investors are advised that Pink Sheets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.
If you have current contact information for this issuer, please complete the Update Company Information Form or send an email to info@pinksheets.com
Address:
Not Available
Phone: Not Available
Fax: 513-371-3964
Business Description: Not Available
State of Incorporation: NV
Officers: Not Available
Outstanding Shares: 3,014,270 as of 2004-02-29
Estimated Market Cap: Not Available
Current Capital Change:
Dividends:
The information provided here has been obtained from publicly available sources as well as directly from issuers in some cases.
Iran gets serious no West music films
Iran's President Bans All Western Music
By NASSER KARIMI
Hard-line President Mahmoud Ahmadinejad has banned all Western music from Iran's state radio and TV stations — an eerie reminder of the 1979 Islamic revolution when popular music was outlawed as "un-Islamic" under Ayatollah Ruhollah Khomeini.
Today, though, the sounds of hip-hop can be heard blaring from car radios in Tehran's streets, and Eric Clapton's "Rush" and the Eagles' "Hotel California" regularly accompany Iranian broadcasts.
No more — the official IRAN Persian daily reported Monday that Ahmadinejad, as head of the Supreme Cultural Revolutionary Council, ordered the enactment of an October ruling by the council to ban all Western music, including classical music, on state broadcast outlets.
"Blocking indecent and Western music from the Islamic Republic of Iran Broadcasting is required," according to a statement on the council's official Web site.
Iranian guitarist Babak Riahipour lamented what he called a "terrible" decision. "The decision shows a lack of knowledge and experience," he said.
Music was outlawed by Khomeini soon after the 1979 revolution. Many musicians went abroad and built an Iranian music industry in Los Angeles.
But as revolutionary fervor started to fade, some light classical music was allowed on Iranian radio and television; some public concerts reappeared in the late 1980s.
In the 1990s, particularly during the presidency of reformist Mohammad Khatami starting in 1997, authorities began relaxing restrictions further. These days in Iran, Western music, films and clothing are widely available in Iran. Bootleg videos and DVDs of films banned by the state are widely available on the black market.
Ahmadinejad's order means the state broadcasting authority must execute the decree and prepare a report on its implementation within six months, according to the IRAN Persian daily.
Earlier this month, Ali Rahbari, conductor of Tehran's symphony orchestra, resigned and left Iran to protest the treatment of the music industry in Iran.
Before leaving, he played Beethoven's Ninth Symphony to packed Tehran theater houses over several nights last month — its first performance in Tehran since the 1979 revolution. The performances angered many conservatives and prompted newspaper columns accusing Rahbari of promoting Western values.
The ban applies to state-run radio and TV. But Iranians with satellite dishes can get broadcasts originating outside the country.
Ahmadinejad won office in August on a platform of reverting to ultraconservative principles, following the eight years of reformist-led rule under Khatami.
During his presidential campaign, Ahmadinejad also promised to confront what he called the Western cultural invasion of Iran and promote Islamic values.
Since then, Ahmadinejad has jettisoned Iran's moderation in foreign policy and pursued a purge in the government, replacing pragmatic veterans with former military commanders and inexperienced religious hard-liners.
He also has issued stinging criticisms of Israel, calling for the Jewish state to be "wiped off the map" and describing the Nazi Holocaust as a "myth."
International concerns are high over Iran's nuclear program, with the United States accusing Tehran of pursuing an atomic weapons program. Iran denies the claims.
The latest media ban also includes censorship of content of films.
"Supervision of content from films, TV series and their voice-overs is emphasized in order to support spiritual cinema and to eliminate triteness and violence," the council said in a statement on its Web site.
The council has also issued a ban on foreign movies that promote "arrogant powers," an apparent reference to the United States.
The prohibitions mirror those imposed in neighboring Afghanistan during the Taliban regime, which imposed a strict version of Islamic law, including a ban on music and film. The Taliban was ousted by a U.S.-led coalition in late 2001.
USTT R/S 1:100 & PP $4M
Press Release Source: USA Technologies
USA Technologies Completes $4 Million Private Placement with a Large Boston-Based Institutional Investment Advisor
Monday December 19, 5:11 pm ET
MALVERN, Pa.--(BUSINESS WIRE)--Dec. 19, 2005--USA Technologies (OTCBB:USTT - News) announced today that it has completed a $4 million private placement of common stock with a large Boston-based institutional investment advisor (the "Investor"). Proceeds will be used for working capital and other general corporate purposes. The Company issued to the Investor 40 million shares of common stock at $0.10 per share.
As a condition of the transaction, and at the request of the Investor, the Company has agreed to file a proxy and call a Special Shareholder Meeting in which it will seek approval to effectuate a 1-for-100 reverse stock split. USA Technologies believes that such a reverse stock split will, among other things, increase the marketability of its stock and would cause the Company's shares to no longer be a 'penny stock'. The financing does not contain any reset provisions.
"We believe today's announcement represents a milestone event for our shareholders," said George R. Jensen, Chairman and CEO of USA Technologies. "The increased investment, at a nominal discount to market, from one of our existing shareholders, which is also one of the largest and most prestigious investment funds in the country, represents a strong endorsement of the potential for our technology. We have always recognized that at the appropriate time the Company would have to realign its capital structure to expand its investor base. Today, as the Company is growing its revenues, we believe it is such a time. This funding will allow us to further support our growing customer base and marketing initiatives. The reverse stock split will also allow us to increase our visibility in the investment community. The timing could not be better, as the Company has never been better positioned for growth."
About USA Technologies:
USA Technologies is a leader in the networking of wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. USA Technologies is an IBM Business Partner. The Company has marketing agreements with Cingular Wireless, Honeywell, MEI, and ZiLOG Corporation. For further information on USA Technologies, please visit www.usatech.com
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to, the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for its energy management products, the ability to obtain new customers and the ability to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
Red subs bloody red eom
USXP Carmen Electra Jumping the Shark
Universal Express Offers Carmen Electra One Year Luggage Service
via COMTEX
NEW YORK, Dec 19, 2005 (BUSINESS WIRE) --
Universal Express, Inc. (OTCBB: USXP), today offered Carmen Electra free Luggage Express service due to her complaints of continued airport patdowns. Reference:(http://www.contactmusic.com/new/xmlfeed.nsf/mndwebpages/ electra%20annoyed%20with%20constant%20airport%20searches). (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.)
"Some passengers may be targeted for various reasons more than others, but our Luggage Express service eliminates most of the privacy intrusion and issues," said Richard Altomare, CEO and Chairman of Universal Express, Inc.
"Luggage Express picks up your luggage at your home and delivers it to the end destination without the worries or concerns of past air travel. Although Ms. Electra's situation may highlight similar feelings of non-celebrity passengers; we at Luggage Express, the chosen service for last year's Oscar nominees, treat every passenger as a celebrity," concluded Mr. Altomare.
maybe a Vol filter for List?
Depending on the stock's price range 0 to 3, 3 to 6, etc.
you could filter out the sleeping low Vol ones per range.
So require higher Vols for lowest price range (less chance to
be bottled in it). Allow thinner shares on higher prices.
Stock must have some upside action to avoid a blowoff bottom dump that will find dead money trap for years -- PRRM?
Course some people like the explosive Vols. So require the
stock to have a large turnover in recent 30 days. That gets
into MoMo land.
Notice how many of these movers come after a long flat quiet base? Filter for those, esp if they are also getting Board
Buzz among the better traders.
Thanks for the efforts.
Thanks too. Idiots LOL eom
Big Scan >.03 is ok
Please hang with it for awhile longer. I don't look at all
of them but the ones getting board mention are worth a glance
at in the scan. Recent ones such as CURE and the like.
But honestly if 2 scans is too much effort then just the
other one would be best move.
Thanks for the efforts esp this time of year. With holiday
time and slow trading in many of these subs, it's really a treat to look for the diamond in the rough.
Tough to be trying to trade devil dogs like RVMN USXP that are just such scammers. Need all the help can get!
Merry Good Time of the Year (PC enough? LOL)
PRRM USXP_$4K RVMN THTHF etc.
So many. Throw in WEBS Webs Street Securities the first low
cost $5 commissions -- was free if did a Naz trade 1K+ shares
at a time. Floated a stock at $20 and died like EGGS (the
old Egghead stores that hit $20 & died.) $20 seems to be a
magic draw. See VPHM had crash from high $110 to $20 then
hung in $2 range post crash only to rebound on heavy Vol to current H&S top $20 again. Hope they do find the cure for
common cold as promised!
Check out this story on USXP. $4K in cash!?@#$
NEW YORK, Dec 16, 2005 3:45 pm (BUSINESS WIRE) --
Universal Express, Inc. (OTCBB: USXP), addresses AirNet Systems, Inc. (NYSE:ANS) Press Release today entitled, "AirNet Systems, Inc. Announces Termination of Letter of Intent." AirNet Systems Press Release can be found at http://biz.yahoo.com/prnews/051216/clf024.html?.v=32
---------
Note the $4K 3Q cash on hand for USXP and they float $6.15 offer vs the trading price of $3.67 Santa comes early. Where the
heck do you imagine the coin will be found?! smell test
Mystery Buyer Delays AirNet Sale
Monday , December 05, 2005 16:39 ET
Dec 05, 2005 (Regional Aviation News/Access Intelligence via COMTEX) -- AirNet Systems' [ANS] potential buyer needs two more weeks to examine the books of the largest overnight courier of cancelled checks.
Nov. 30 was the target closing date for the $46.2 million deal that would take AirNet private. The Columbus, Ohio-based cargo operator announced last week that it had granted the undisclosed buyer an additional two weeks to complete its due diligence.
On Oct. 26, AirNet announced that a "nationally recognized, private equity investment firm" made an offer to buy all of AirNet's stock at $4.55 share (RAN, Oct. 31). At that time, the carrier said the review period could possibly be extended until Dec. 15 - the day before its long-delayed annual meeting. Even if the deal is closed on Dec. 15, the company will hold a separate shareholder's meeting to consider the sale.
AirNet has refused to disclose its suitors, or what the future or shape of the company will be. When the Cleveland investment banker, Brown Gibbons Lang, began marketing AirNet last spring, it was suggested that the company might be split into two.
AirNet's long-established business has been as an overnight courier service shuttling canceled checks and other bank documents between branches. The future of this business line is endangered as the nation's financial community begins to switch to digital rather than physical transmission of check data as authorized by the so-called Check 21 legislation, which took effect in October 2004.
AirNet's bank services unit revenues grew by $2.5 million, or 9.4 percent, to $29.1 million in the third quarter over the same period in 2004. However, the bulk of that growth, $2.1 million, came from fuel surcharges passed on to clients. In its third quarter report, AirNet said the total check volume has decreased slightly in 2005 compared to the same period of 2004.
In a diversification move, AirNet several years ago created a passenger charter operation, dubbed JetRide. The JetRide revenues increased by 23.8 percent in the third quarter to $5.2 million. Earlier in the year, several groups of new shareholders sought to remove AirNet CEO Joel Biggerstaff, contending that the creation of JetRide was not a wise diversification move since the charter business is an established and competitive field.
When AirNet announced the potential sale in October, the $4.55 per share offer was less than what the stock had recently been trading at. The day before the offer, the shares were trading at $5.15 a share, which would have valued the sale at $52.3 million. Since the announcement, the price has never closed as high as the $4.55 per share offer, and for several days traded in the $3.97 range.
When AirNet announced its third quarter earnings last month, it took a $16 million impairment charge to adjust the company's book value to the proposed sales price valuation. The valuation was reviewed - and accepted - by an independent, but unnamed, third party, AirNet said.
In addition to announcing the extension of the due diligence period, AirNet last week said it had retained Giuliani Capital Advisors to conduct an independent review of the $4.55 offer and provide a fairness opinion. The New York firm, headed by former Mayor Rudolph Giuliani, includes the former Ernst & Young Corporate Finance unit.
An AirNet spokesman said that Giuliani's firm is not the same firm that provided the independent assessment of the $16 million impairment.
AirNet's special board committee that is handling the sale "believed it was prudent to retain a second independent financial advisor," said James Riddle, the company's lead director.
"I think that is good," said Phillip Goldstein, of New York-based Opportunities Partners, which owns 13.1 percent of AirNet's stock and led one of the groups that tried to oust Biggerstaff.
"I think the company is being sold too cheap. I am in favor of getting the most money possible," he added.
AirNet has received one unsolicited offer from Florida-based Universal Express [USXP]. It is not clear how seriously the board has reviewed the offer of $6.15 per share, or more than $62.4 million in all.
For more than two months before the pending sale was announced, Universal Express had been talking to AirNet and its advisors, said Robert Altomare, CEO of the logistics company. "We are still perplexed why their investment banker thought the lower bid was in the best interest of the shareholders."
In the last several years, Universal Express has made attempts to purchase existing carriers, including North American Airways and Alpine Air Express [ALPE]. In these deals, the proposed sales were never completed and in some cases deposits were never made. Universal Express has been trying to buy a cargo carrier to ferry luggage. One of the firm's units, Luggage Express, spares air passengers the hassle of lugging suitcases through airports and security. For a fee, it will provide door-to-door pick-up and delivery of the luggage.
"We bring the luggage business, the relationships with the couriers and most importantly - which they know - we are bringing two other acquisitions, one charter and one cargo. We are bringing a lot more than what people see," Altomare told Regional Aviation News. Because of confidentiality agreements, he would not disclose the two operators that he is trying to buy.
Admitting that Universal Express is a "minnow trying to eat a whale," Altomare said he has lined up an established investment bank and two lenders to make a deal. According to Universal Express' third quarter statement, it had $4,034 in cash on hand and an accumulated deficit of $62.2 million. It reported a loss of $3.2 million in the quarter on revenue of $219,172.
Universal Express and Altomare continue to face a compliant filed in March 2004 by the U.S. Securities and Exchange Commission (CRAN, Oct. 25, 2004, p. 1). The case is set for final pre-trial motions next July.
Goldstein told Regional Aviation News that Altomare has been in touch with him seeking support.
"I want the most money I can get. As to whether the offer is credible or not, that is up to the board to determine," Goldstein said. "I have spoken to the guy. I don't care if OJ Simpson wants to buy the company, as long as he has a check that doesn't bounce. I don't care about anybody's past."
USXP offer 6.15 for 3.57 WTF $4K cash
ANS Close 3.57 -.44
Universal Express Addresses AirNet Systems Press Release Concerning Its Previous Buyout Status
via COMTEX
December 16, 2005 3:45 pm
NEW YORK, Dec 16, 2005 (BUSINESS WIRE) --
Universal Express, Inc. (OTCBB: USXP), addresses AirNet Systems, Inc. (NYSE:ANS) Press Release today entitled, "AirNet Systems, Inc. Announces Termination of Letter of Intent." AirNet Systems Press Release can be found at http://biz.yahoo.com/prnews/051216/clf024.html?.v=32
According to its release AirNet "today announced that it has been unable to reach a definitive merger agreement with the private equity investment firm that entered into a letter of intent with the company on October 26, 2005. As a result, the Special Committee of AirNet's Board of Directors has allowed the exclusivity period with the firm to expire. As previously disclosed, AirNet entered into a letter of intent for the sale of the company to the nationally recognized private equity investment firm in a going private transaction. Pursuant to the terms of the letter of intent, the private equity investment firm had exclusivity until December 15, 2005 to complete its confirmatory due diligence and execute a definitive merger agreement."
Today, before the AirNet press release, Universal Express restated its offer of $6.15 per share in its own press release at http://www.usxp.com/companies/universal/pr/prid.asp?id=379
-------
Mystery Buyer Delays AirNet Sale
Monday , December 05, 2005 16:39 ET
Dec 05, 2005 (Regional Aviation News/Access Intelligence via COMTEX) -- AirNet Systems' [ANS] potential buyer needs two more weeks to examine the books of the largest overnight courier of cancelled checks.
Nov. 30 was the target closing date for the $46.2 million deal that would take AirNet private. The Columbus, Ohio-based cargo operator announced last week that it had granted the undisclosed buyer an additional two weeks to complete its due diligence.
On Oct. 26, AirNet announced that a "nationally recognized, private equity investment firm" made an offer to buy all of AirNet's stock at $4.55 share (RAN, Oct. 31). At that time, the carrier said the review period could possibly be extended until Dec. 15 - the day before its long-delayed annual meeting. Even if the deal is closed on Dec. 15, the company will hold a separate shareholder's meeting to consider the sale.
AirNet has refused to disclose its suitors, or what the future or shape of the company will be. When the Cleveland investment banker, Brown Gibbons Lang, began marketing AirNet last spring, it was suggested that the company might be split into two.
AirNet's long-established business has been as an overnight courier service shuttling canceled checks and other bank documents between branches. The future of this business line is endangered as the nation's financial community begins to switch to digital rather than physical transmission of check data as authorized by the so-called Check 21 legislation, which took effect in October 2004.
AirNet's bank services unit revenues grew by $2.5 million, or 9.4 percent, to $29.1 million in the third quarter over the same period in 2004. However, the bulk of that growth, $2.1 million, came from fuel surcharges passed on to clients. In its third quarter report, AirNet said the total check volume has decreased slightly in 2005 compared to the same period of 2004.
In a diversification move, AirNet several years ago created a passenger charter operation, dubbed JetRide. The JetRide revenues increased by 23.8 percent in the third quarter to $5.2 million. Earlier in the year, several groups of new shareholders sought to remove AirNet CEO Joel Biggerstaff, contending that the creation of JetRide was not a wise diversification move since the charter business is an established and competitive field.
When AirNet announced the potential sale in October, the $4.55 per share offer was less than what the stock had recently been trading at. The day before the offer, the shares were trading at $5.15 a share, which would have valued the sale at $52.3 million. Since the announcement, the price has never closed as high as the $4.55 per share offer, and for several days traded in the $3.97 range.
When AirNet announced its third quarter earnings last month, it took a $16 million impairment charge to adjust the company's book value to the proposed sales price valuation. The valuation was reviewed - and accepted - by an independent, but unnamed, third party, AirNet said.
In addition to announcing the extension of the due diligence period, AirNet last week said it had retained Giuliani Capital Advisors to conduct an independent review of the $4.55 offer and provide a fairness opinion. The New York firm, headed by former Mayor Rudolph Giuliani, includes the former Ernst & Young Corporate Finance unit.
An AirNet spokesman said that Giuliani's firm is not the same firm that provided the independent assessment of the $16 million impairment.
AirNet's special board committee that is handling the sale "believed it was prudent to retain a second independent financial advisor," said James Riddle, the company's lead director.
"I think that is good," said Phillip Goldstein, of New York-based Opportunities Partners, which owns 13.1 percent of AirNet's stock and led one of the groups that tried to oust Biggerstaff.
"I think the company is being sold too cheap. I am in favor of getting the most money possible," he added.
AirNet has received one unsolicited offer from Florida-based Universal Express [USXP]. It is not clear how seriously the board has reviewed the offer of $6.15 per share, or more than $62.4 million in all.
For more than two months before the pending sale was announced, Universal Express had been talking to AirNet and its advisors, said Robert Altomare, CEO of the logistics company. "We are still perplexed why their investment banker thought the lower bid was in the best interest of the shareholders."
In the last several years, Universal Express has made attempts to purchase existing carriers, including North American Airways and Alpine Air Express [ALPE]. In these deals, the proposed sales were never completed and in some cases deposits were never made. Universal Express has been trying to buy a cargo carrier to ferry luggage. One of the firm's units, Luggage Express, spares air passengers the hassle of lugging suitcases through airports and security. For a fee, it will provide door-to-door pick-up and delivery of the luggage.
"We bring the luggage business, the relationships with the couriers and most importantly - which they know - we are bringing two other acquisitions, one charter and one cargo. We are bringing a lot more than what people see," Altomare told Regional Aviation News. Because of confidentiality agreements, he would not disclose the two operators that he is trying to buy.
Admitting that Universal Express is a "minnow trying to eat a whale," Altomare said he has lined up an established investment bank and two lenders to make a deal. According to Universal Express' third quarter statement, it had $4,034 in cash on hand and an accumulated deficit of $62.2 million. It reported a loss of $3.2 million in the quarter on revenue of $219,172.
Universal Express and Altomare continue to face a compliant filed in March 2004 by the U.S. Securities and Exchange Commission (CRAN, Oct. 25, 2004, p. 1). The case is set for final pre-trial motions next July.
Goldstein told Regional Aviation News that Altomare has been in touch with him seeking support.
"I want the most money I can get. As to whether the offer is credible or not, that is up to the board to determine," Goldstein said. "I have spoken to the guy. I don't care if OJ Simpson wants to buy the company, as long as he has a check that doesn't bounce. I don't care about anybody's past."
No one knows anything about the reputation of AirNet's mystery suitor, Goldstein added.
>>Contacts: Bob Lentz, AirNet, (614) 876-1900; Phillip Goldstein, Opportunity Partners, (914) 747-5262); Robert Altomare, Universal Express, (631) 588-0263.<<
Regional Aviation News, Vol. 23, No. 46
Copyright 2005 Access Intelligence, LLC. All rights reserved.
**********************************************************************
As of Thursday, 12-01-2005 23:59, the latest Comtex SmarTrend(SM) Alert,
an automated pattern recognition system, indicated a DOWNTREND on
11-15-2005 for ANS @ $4.07.
(C) 2005 Comtex News Network, Inc. All rights reserved
House of Pain w/ no Pleasure eom
SSWC does Denver
News for 'SSWC' - (SpeechSwitch Deploying Speech Enabled Auto Attendant at PTS Floors in Denver, Colorado)
MATAWAN, N.J., Dec 16, 2005 (BUSINESS WIRE) -- SpeechSwitch, Inc. (OTC Bulletin
Board: SSWC), a leader in speech-recognition technology announced today that PTS
Floors has installed a Speech Enabled Auto Attendant. SpeechSwitch, Inc.
("SpeechSwitch") previously was a wholly owned subsidiary of iVoice, Inc.
(OTCBB:IVOC) prior to the spin-off from iVoice that was completed in August 2005
as a special stock dividend distribution to iVoice shareholders.
"PTS Floors implemented a complete solution that includes the iVoice
Speech-Enabled Auto Attendant installed in conjunction with the Avaya phone
system. By installing the iVoice Speech-Enabled Auto Attendant, their customers
can call in and speak the name of the person or department they are looking for
and be transferred immediately. We have made a technological up grade in all
areas of our customer interface," said Peter Rincione CEO of PTS. "By
introducing speech technology we believe it will provide a significant increase
in business efficiency, and will enhance our ability to deliver top service to
our customers."
SpeechSwitch's Speech-Enabled Auto Attendant system places people at ease and
allows customers to use their most natural form of communication, their own
voice, to navigate to the person they want to speak with. Customers can avoid
cumbersome touch-tone menus and spell-by-name directories to reach individuals.
About PTS Floors:
PTS is a full line floor-covering distributor that has been servicing the Rocky
Mountain market since 1973. In that time PTS has been providing the finest floor
covering and installation products available in the industry. Brands such as
Armstrong, Roppe, Pergo, Rocky Mountain Wood, Edge Flooring, Stonepeak Ceramics,
Ardex/Henry, Chapco, Parabond, and Powerhold represent the number one product
choices in the market, and PTS has them all.
PTS is dedicated to providing these excellent products and services to the
markets stretching from Northern Wyoming to Northern New Mexico, Eastern Kansas
and Nebraska, and Western Utah. With major warehouses in Denver and Colorado
Springs and associate relationships in west Denver, Grand Junction, and
Montrose, it is easy to find their products where and when you need them.
PTS' truck fleet delivers product to the Cheyenne/Laramie/Casper markets in
Wyoming; the I80 corridor through Scottsbluff Nebraska, the front-range of
Colorado; the I-70 corridor west from Denver to Grand Junction; highway 50 East
to La Junta and West to Grand Junction and; the highway 40 corridor from Denver
to Rifle.
About SpeechSwitch, Inc:
SpeechSwitch previously was a wholly owned subsidiary of iVoice, Inc.
(OTCBB:IVOC) prior to the spin-off from iVoice that was completed in August 2005
as a special stock dividend distribution to iVoice shareholders. SpeechSwitch,
Inc. was incorporated in New Jersey on November 10, 2004 as a wholly owned
subsidiary of iVoice, Inc. It is engaged in the design, manufacture, and
marketing of specialized telecommunication equipment. Our products use standard
open-architecture PC platforms and Microsoft Windows 2000 operating systems,
thereby facilitating the rapid adoption of new PC-based technologies while
reducing overall product costs. We concentrate our product development efforts
on software rather than hardware because we believe that the most efficient way
to create product value is to emphasize software solutions that meet customers'
needs. We have recently adapted our applications to integrate with different
manufacturer telephone switches through the use of Telephony Application Program
Interface or "TAPI". The use of TAPI, allows SpeechSwitch to integrate our
applications into different telephone manufacturers Private Branch Exchange
systems or "PBX's", eliminating the need for costly additional external
hardware. We have traditionally used standard PC-related hardware components in
our products, in part, to limit our need to manufacture components. Our
manufacturing operations consist only of the installation of our proprietary
software and, if required, a voice board, into a fully assembled PC system which
we obtain from several different vendors. The Company obtains system components
such as PCs, circuit boards, application cards, fax boards, and voice boards
from various suppliers. Our flagship product is our Speech-enabled Auto
Attendant product. The Auto Attendant engages callers in a natural language
dialog and is ready to transfer a caller to an extension for the party the
caller is trying to reach at any time. Callers can interrupt the Auto Attendant
at any time by barging in on the prompts and simply saying the name of the
person or department they wish to speak to.
step away from the urinal eom
RVMN thinner than KMART john paper eom
even worse they won't let u OUT eom
oil plays? Bush admin $3.1B levees
(Me lookee g&o plays. Even CWFG.pk on rebuilding PR.)
Bush administration announces plan to spend $3.1 billion on repairs and strengthening of New Orleans levee system.
Watch CNN or log on to http://CNN.com and watch FREE video.
More Americans watch CNN. More Americans trust CNN.
Bush admin $3.1Bil on N.O. levees
Bush administration announces plan to spend $3.1 billion on repairs and strengthening of New Orleans levee system.
Watch CNN or log on to http://CNN.com and watch FREE video.
More Americans watch CNN. More Americans trust CNN.
RMKR $0.49 approves R/S 1:5
Dec 15, 2005 1:05:29 PM
Board of Directors Sets Split Ratio at 1-for-5 Shares
CAMPBELL, Calif., Dec 15, 2005 /PRNewswire-FirstCall via COMTEX/ --
Rainmaker Systems, Inc. (Nasdaq: RMKR), a leading outsource provider of integrated sales and marketing services, today announced that its stockholders have authorized the company's Board of Directors to effect a reverse split of the outstanding shares of the company's common stock by a ratio of between 1-for-3 and 1-for-10 and that, so authorized, the company's Board of Directors has elected to effect a reverse split in the ratio of 1-for-5. The company has filed an amendment to its Certificate of Incorporation effecting the reverse split as of 5:00 p.m. Eastern Time on Dec. 15, 2005. It is anticipated that shares of the company's common stock will begin trading on the NASDAQ Small Cap Market on a post-split basis effective at the beginning of trading on Dec. 16, 2005. A letter "D" will be appended to Rainmaker's trading symbol for a period of 20 trading days to alert the trading community of the reverse split.
"We appreciate the support of our stockholders in granting our Board of Directors the authority to effect a reverse split," said Michael Silton, chief executive officer. "We feel very positively about our business and our recent accomplishments, including the significant expansion of our agreement with our Fortune 50 software client. Also, we successfully integrated two acquisitions and transitioned our operations center to Austin. Our financial performance has improved significantly in the past year, as evidenced by our third quarter results with the achievement of positive EBITDA, and organic revenue growth of 30 percent annually and seven percent sequentially. By completing the reverse split we will be able to more appropriately align our capital structure and regain compliance with NASDAQ listing requirements. We are well positioned for success in 2006 with our focus on revenue growth and GAAP profitability."
Rainmaker stockholders will receive one share of the company's common stock for each five shares of common stock held as of the effective date of the reverse split, with fractional common stock shares paid in cash. Upon the effectiveness of the reverse split, the number of shares of Rainmaker's common stock outstanding will be approximately 11.3 million shares, excluding stock options and unexercised warrants and subject to adjustment for fractional shares.
About Rainmaker Systems
Rainmaker Systems is a leading outsource provider of integrated sales and marketing services for companies that want to drive more sales. Rainmaker offers a closed-loop sales process and a comprehensive suite of services that ensures companies are both filling their sales pipelines with quality leads and closing them efficiently and cost effectively. Core services include telesales, integrated direct marketing and hosted e-commerce. Additional offerings include a proprietary database, customer database enhancement services, CRM technology integration and order management.
Rainmaker helps approximately 50 companies ranging from Fortune 500 to dynamic technology start-ups grow their revenues and increase customer loyalty by providing lead generation and contract renewal sales solutions.
For more information, visit www.rmkr.com and www.sunsetdirect.com.
NOTE: Rainmaker Systems, the Rainmaker logo, Sunset Direct and Contract Renewals Plus are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.
SOURCE Rainmaker Systems, Inc.
Leslie Green of Stapleton Communications Inc., +1-650-470-0200, or leslie@stapleton.com, for Rainmaker Systems, Inc.; or Steve Valenzuela, Chief Financial Officer of Rainmaker Systems, Inc., +1-408-626-2439, or stevev@rmkr.com http://www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
RMKR $0.49 R/S approved 1:5
Dec 15, 2005 1:05:29 PM
Board of Directors Sets Split Ratio at 1-for-5 Shares
CAMPBELL, Calif., Dec 15, 2005 /PRNewswire-FirstCall via COMTEX/ --
Rainmaker Systems, Inc. (Nasdaq: RMKR), a leading outsource provider of integrated sales and marketing services, today announced that its stockholders have authorized the company's Board of Directors to effect a reverse split of the outstanding shares of the company's common stock by a ratio of between 1-for-3 and 1-for-10 and that, so authorized, the company's Board of Directors has elected to effect a reverse split in the ratio of 1-for-5. The company has filed an amendment to its Certificate of Incorporation effecting the reverse split as of 5:00 p.m. Eastern Time on Dec. 15, 2005. It is anticipated that shares of the company's common stock will begin trading on the NASDAQ Small Cap Market on a post-split basis effective at the beginning of trading on Dec. 16, 2005. A letter "D" will be appended to Rainmaker's trading symbol for a period of 20 trading days to alert the trading community of the reverse split.
"We appreciate the support of our stockholders in granting our Board of Directors the authority to effect a reverse split," said Michael Silton, chief executive officer. "We feel very positively about our business and our recent accomplishments, including the significant expansion of our agreement with our Fortune 50 software client. Also, we successfully integrated two acquisitions and transitioned our operations center to Austin. Our financial performance has improved significantly in the past year, as evidenced by our third quarter results with the achievement of positive EBITDA, and organic revenue growth of 30 percent annually and seven percent sequentially. By completing the reverse split we will be able to more appropriately align our capital structure and regain compliance with NASDAQ listing requirements. We are well positioned for success in 2006 with our focus on revenue growth and GAAP profitability."
Rainmaker stockholders will receive one share of the company's common stock for each five shares of common stock held as of the effective date of the reverse split, with fractional common stock shares paid in cash. Upon the effectiveness of the reverse split, the number of shares of Rainmaker's common stock outstanding will be approximately 11.3 million shares, excluding stock options and unexercised warrants and subject to adjustment for fractional shares.
About Rainmaker Systems
Rainmaker Systems is a leading outsource provider of integrated sales and marketing services for companies that want to drive more sales. Rainmaker offers a closed-loop sales process and a comprehensive suite of services that ensures companies are both filling their sales pipelines with quality leads and closing them efficiently and cost effectively. Core services include telesales, integrated direct marketing and hosted e-commerce. Additional offerings include a proprietary database, customer database enhancement services, CRM technology integration and order management.
Rainmaker helps approximately 50 companies ranging from Fortune 500 to dynamic technology start-ups grow their revenues and increase customer loyalty by providing lead generation and contract renewal sales solutions.
For more information, visit www.rmkr.com and www.sunsetdirect.com.
NOTE: Rainmaker Systems, the Rainmaker logo, Sunset Direct and Contract Renewals Plus are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.
SOURCE Rainmaker Systems, Inc.
Leslie Green of Stapleton Communications Inc., +1-650-470-0200, or leslie@stapleton.com, for Rainmaker Systems, Inc.; or Steve Valenzuela, Chief Financial Officer of Rainmaker Systems, Inc., +1-408-626-2439, or stevev@rmkr.com http://www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
News CSJJ.pk to get .OB Co.?
News for 'CSJJ' - (Coastal Holdings, Inc. in Negotiations to Acquire Interest in OTC BB-Listed Company)
HOUSTON, TX, Dec 15, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc.
(OTC: CSJJ) is pleased to announce that it has entered negotiations to acquire a
100% equity interest in an OTC BB-listed company. Coastal Holdings anticipates
finalizing this acquisition, which includes the signing of the Purchase
Agreement, by the end of the calendar year. Further details on this acquisition
will be disclosed to shareholders as soon as a draft Purchase Agreement is
signed by both parties.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.
CESY ups A/S 5B to 20B
CESY -Celerity Announces Special Meeting of Stockholders
Thursday December 15, 9:18 am ET
ARLINGTON, Va., Dec. 15 /PRNewswire-FirstCall/ -- Celerity Systems, Inc. (OTC Bulletin Board: CESY - News) announced today that it will hold a special meeting of stockholders on December 30 at 10 a.m. Eastern Standard Time at the Hilton Hotel, 950 Stafford St., Arlington, Va., 22203.
Stockholders will be asked to approve the following proposals:
1. To elect four directors to serve on the company's board of directors
until their successors are duly elected and qualified, two of which
will be elected by the holders of outstanding shares of common stock of
the company, and two of which will be elected by the holders of
outstanding shares of Series F Convertible Preferred Stock of the
company;
2. To approve an amendment to the company's Certificate of Incorporation
to change the name of the company to "Homeland Security Capital
Corporation;"
3. To approve an amendment to the company's Certificate of Incorporation
to increase the number of authorized shares of common stock, par value
$0.001 per share, from 5 billion to 20 billion;
4. To approve the adoption of the Celerity Systems, Inc. 2005 Stock Option
Plan;
5. To approve the withdrawal of the company's election as a business
development company under Section 54 of the Investment Company Act of
1940; and
6. To consider any other matters that may properly come before the meeting
or any postponement or adjournment thereof.
Stockholders of record on December 1, 2005 will be eligible to vote at the special meeting. A proxy statement with additional details will be mailed to stockholders on or before December 16, 2005.
Celerity CEO C. Thomas McMillen said, "We are eager to finally complete these shareholder actions so we can move forward with our new business strategy."
Effective December 31, the company intends to close its Knoxville office and consolidate operations into its Arlington headquarters office.
About Celerity Systems
Celerity Systems, Inc. is an operating company focused on creating long- term value by taking controlling interest and developing its companies through superior operations and management. Celerity intends to operate businesses that provide homeland security product and service solutions.
Forward-looking statement: This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts that address future activities, performance, events or developments are forward-looking statements. Although Celerity Systems, Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.
Company Contact:
Celerity Systems, Inc.
C. Thomas McMillen
(202) 528-7073, ext. 101
ctm611@msn.com
Investor Relations:
Hawk Associates Inc.
Frank Hawkins or Julie Marshall
(305) 451-1888
info@hawkassociates.com
BPWW gets National Press Bldg job
BPWW National Press Building Looks to Big Apple Worldwide, Inc. for Answers
Market Wire - December 15, 2005 8:50 AM (EDT)
WASHINGTON, DC, Dec 15, 2005 (MARKET WIRE via COMTEX) -- Big Apple Worldwide, Inc. (OTC: BPWW) is pleased to announce today, that The National Press Building, home of the National Press Club, has invited Big Apple Worldwide, Inc. to create custom Wallcoverings from the Architects original artwork. These Wallcoverings will grace the walls of the entire 14 story atrium. "We honored to be a part of this magnificent edifice and the National Press Club's 97 year history," stated Bill Byron, Vice President, Big Apple Worldwide, Inc. "We are increasingly gratified by the design communities confidence in both our upscale standards and our unrivaled ability to create very special products for very special installations," said Neal Jablon, President, Big Apple Worldwide, Inc.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
For more information visit http://www.bigapplewallcovering.com or call investor relations at 866-THE APPL(E).
Contact:
Big Apple Worldwide
investor relations
866-THE APPL(E)
SOURCE: Big Apple Worldwide, Inc
Copyright 2005 Market Wire, All rights reserved.
bb I agree BHUB no cap few trades
Not that thin stocks can't run ERTH anyone? but geez
this thing has like no capita, in ugly sector, and
as you said been pumped all week.
Gimmie ADVC at a bottom or even WTVN for a 0.0001 100%
attempt. Or god for give me CWFG. LOL
You've made some powerful mentions over time. Those who
know, know.
ERTH 1.87 up day after gapage eom
AAMI shot in the foot! .06 eom
PieSky, check today's BigTrends.com
Newsletter for today has this theme. Too long to post but
good info on how a system should pan out.
www.BigTrends.com
A Good Trading System
December 14, 2005
What should you be shooting for when developing a system-based methodology?
next Year is 2007 eom
thx PieSky. Got some LRP be watching
Not shown on the chart but if go back over past 2 years this
one has a pattern of large gappings.
Just mentioning that gap thing to see if any of others on
scan list exhibit that. LRP had a cancer test result PR the
other day prior to yesterday's nice gap & go.
Exchanges are bitchy with these drug plays -- see HIV when was old CYPT and ran 0.15 to near buck.
Never know. Medicals are all torn up lately. CLN XPNG
and even FONR holding < a buck longer than ever has.
AVNT merged x-SNNW thin dinged 4 -2 ? eom
BPWW to do Washington Hilton job
BPWW Big Apple Worldwide, Inc. Asked by Washington Hilton to Participate
Market Wire - December 13, 2005 6:08 AM (EDT)
WASHINGTON, DC -- (MARKET WIRE) -- Dec 13, 2005 -- Big Apple Worldwide, Inc. (OTC: BPWW) announced today that it has been asked to produce a completely custom wallcovering for the corridors in this venerable DC gathering spot. Located only blocks from the White House, the Washington Hilton is a constant venue for Presidential addresses and other political events. "Big Apple Worldwide, Inc. is honored to be included in this grand rehabilitation," noted Neal Jablon, President of Big Apple Worldwide, Inc. "We also hope to be approved for other specialty spaces, such as pre-function areas meeting facilities and ballrooms. These public spaces have been the backdrop for everything from Inaugural Balls to International Assemblies of World Leaders, Dignitaries and Heads of State. What a privilege!" stated Bill Byron, Vice President, Big Apple Worldwide, Inc.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
For more information visit http://www.bigapplewallcovering.com or call investor relations at 866-THE APPL(E).
For more information
Investor Relations
866-THE APPL(E)
http://www.bigapplewallcovering.com
thanks hopscotch for Cornell postings! eom
Cornell, shorter's dream!
Wow shake, just checked IMNR & Titan TTP charts.
Both did immediate muff dive following announcement. Corn
guys are true vulture capitalists. Cornell must get paid
well or they'd be out of biz by now. These POS companies
can't get usual channels of credit since who'd lend to them
so only avenue is to extend the bleeding longer with the
vampire Cornell.
Man, nice work if you can get it.
True creative destruction. Thanks fot pointing to this.
No wonder SEC is sniffing around Corndog.
gimmie 10M PRRM & shot himself eom