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CORR B: Corridor Communications Corporation Signs Letter of Intent To
cquire the Cable Television System Assets of Coast Co
B: Corridor Communications Corporation Signs Letter of Intent To Acquire the Cab
e Television System Assets of Coast Communications Inc. Company Will Expand Broa
band Wireless Data Services To Homes and Businesses in Arizona and Nevada ( PRNe
swire-FirstCall )
MOUNTAIN VIEW, Calif., Jun 7, 2004 /PRNewswire-FirstCall via COMTEX/ --
Corridor Communication Corporation (OTC Bulletin Board: CORR) has entered into a
LOI to acquire Coast Communications Inc. Cable TV assets in a deal for cash and
stock. Coast owns the rights to 25 cable television systems serving communities
in Arizona and Nevada, with over 40,000 homes passed. The systems have an annual
recurring revenue stream of $3.1 Million from its current subscriber base. The
companies have also agreed to launch Corridors Wireless HotZone system to
complement the service in its largest cable systems immediately to enhance its
offerings to its users and will continue deployment until all systems are
complete with broadband wireless internet.
Corridor plans to market its high-speed Internet data services to Coast's
existing customer base. Corridor will also look to expand cable subscriber base
by adding broadband services utilizing Coast's existing cable delivery
infrastructure.
"We see only an upside in this deal with Coast Communication with its current
penetration of only 20 percent. We know that by adding High-Speed Broadband
Services we can bring those numbers up. This acquisition will Launch Corridor
into new markets that in most cases high-speed broadband service have not been
available. Given this fact we feel that both the existing subscriber base and
future subscribers will embrace the combined services offered by the company,"
said J. Michael Heil, Chief Executive Officer of the Company.
Scott Mac Caughern, Chairman of Corridor Communications Corporation stated, "The
Coast Cable asset will enhance our core competencies in servicing our existing
customer base with bundled services of High-Speed Internet Access, Cable
Television Programming, and Voice Products. In addition, we get the benefit of a
company with zero debt and liabilities, a solid recurring revenue foundation and
an excellent infrastructure that will further enable Corridor to execute on our
strategic growth plan."
About Corridor Communications
Headquartered in Mountain View, California with Operations in Salem, Oregon,
Corridor Communications, Inc. is an integrated wireless Internet service
provider (WISP) offering high-speed Internet and data services, to residents and
businesses. The Company plans to implement a growth-through- acquisition
strategy by targeting small to mid size Dial Up Internet Service Providers (ISP)
in areas underserved by current broadband options. The growth strategy will also
focus on creating partnerships with existing hot spot management companies while
building company owned hotspots to create ubiquitous coverage or "Hot Zones"
that encompass entire cities.
Corridor's IP-Based technology supports all hardware meeting Wi-Fi 802.11(x)
standards operating in an unlicensed spread spectrums (2.4 GHz and 5.7 GHz), and
can be deployed far less expensively than comparable copper and cable
technologies. The company also plans to leverage its network build out for other
services that may include voice and video. For more information about Corridor
Communications, please visit the Company's web site at
http://www.corridorcommunications.com
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: This release contains forward-looking statements that are subject to risks
and uncertainties, including, but not limited to, the impact of competitive
products and pricing, product demand and market acceptance, new product
development, reliance on key strategic alliances, availability of raw materials,
the regulatory environment, fluctuations in operating results and other risks
detailed from time to time in the company's filings with the Securities and
Exchange Commission. Our forward-looking statements are based on currently
available information which management has assessed but which is dynamic and
subject to rapid and even abrupt change due to risks and uncertainties that
affect our business, including the unpredictability of future revenues and
limited visibility into future demand on which to base our forecasts; the
current uncertainty in our marketplace which may impact expected demand,
customer selection criteria and sales cycle; our ability to execute on product
deliverables and major customer contracts, slower economic growth generally,
slower adoption of broadband technology, or cutbacks in information technology
spending; and factors beyond our control such as power outages or work stoppages
at key customers.
Contact: Scott Mac Caughern of Corridor Communications Corp., +1-650-961-5707,
or smac@speedpalcom.
SOURCE Corridor Communication Corporation
CONTACT: Scott Mac Caughern of Corridor Communications Corp.,
+1-650-961-5707, or smac@speedpalcom
URL: http://www.corridorcommunications.com
http://www.prnewswire.com
Copyright (C) 2004 PR Newswire. All rights reserved.
-0-
KEYWORD: California
Arizona
Nevada
INDUSTRY KEYWORD: TLS
CPR
TVN
OTC
SUBJECT CODE: TNM
*** end of story ***
RE: MLON not that it matters, these days but 7.5 BILLION SH OUT THAT SCARES ME!! 35 mil then 200 for 1 f split !!gl with it though ;)
Shaaacc nice to see ya bud just wanted to say hi and hope alls well !! been kinda layin low myself takin the market downtime to take care of things at home !! aaanyywho nice to see ya postin take care , bill
Maaaacckk!!! how s it goin dude nice to see ya!! still hangin in i hope :)!! sorry been away for a while takin care of bunch of family stuff. startin to ease back in now though hope alls well bill :)
rvia inching up.05x.08 now ut on every buy :)chart looking better
trying to exercise patience :)
MORE StockGate: Torrent of Berlin Delistings in What One Company Calls 'German Listing Scam'
via COMTEX
Jun 1, 2004 12:53:00 AM
Jun 1, 2004 (financialwire.net via COMTEX) --
(FinancialWire) Demands for "delisting" from the Berlin Stock Exchange have become a torrent since FinancialWire first reported April 26 that the exchange had included some 200 companies, most of them without permission, among its listings. On April 29, in an exclusive interview with FinancialWire, officials of the Berlin exchange admitted to the listings, but claimed permission from the companies was not necessary.
Americana Publishing, Inc. (OTCBB: APBH), Celsion Corporation (AMEX: CLN), ChampionLyte Holdings, Inc. (OTCBB: CPLY) and Pickups Plus, Inc. (OTCBB:PUPS) were are among the most recent. Pickups Plus called it the "German listing scam" in its press release.
Other companies announcing delisting actions included Golden Phoenix Minerals, Inc. (OTCBB: GPXM), Nannaco, Inc. (OTCBB: NNCO), 5G Wireless Communications, Inc. (OTCBB:FGWC), CyberAds, Inc. (OTCBB :CYAD), Provectus Pharmaceuticals, Inc. (OTCBB: PVCT), House of Brussels Chocolates (OTCBB: HBSL), InforMedix, Inc. (OTCBB: IFMX), Tissera, Inc. (OTCBB: TSSR), China Wireless Communications Inc. (OTC BB: CWLC), CareDecision Corp. (OTCBB: CDED), Titan General Holdings, Inc. (OTCBB: TTGH), IPVoice Communications, Inc. (OTCBB: IPVO), Whistler Investments (OTCBB: WHIS), WARP Technology Holdings, Inc. (OTC BB: WRPT), BGR Corp. (OTCBB: BGRR), ICOA, Inc., (OTCBB: ICOA), DICUT, INC. (OTCBB: DCUTE), NHC Communications Inc. (TSX: NHC; OTCBB: NHCMF), Stratus Services Group, Inc. (OTCBB: SERV), Golden Phoenix Minerals, Inc. (OTCBB: GPXM).
Berliner Freiverkehr (Aktien) AG has been singled out as the broker and market maker that has been "listing" the companies. It is suspected that one broker, RA Angsar Limprecht, is involved in all if not most of the listings.
Small public companies are squeezed not only by hedge funds, naked short sellers, overseas listers such as the Berlin Stock Exchange, and the out-of-control "Stock Borrow Program" run by the governance-conflict-laden Depository Trust and Clearing Corporation, but to the amazement of the industry, as often and not by their own regulators.
A new staff recommendation by Annette Nazareth, director of the division of market regulation at the U.S. Securities and Exchange Commission to "outlaw" ownership of paper certificates at the same time the Depository Trust and Clearing Corporation is under intense scrutiny for alleged electronic counterfeiting has begun hitting the small public company markets, company executives, shareholders and manipulative short-selling opponents like the proverbial ton of bricks.
A Dow Jones (NYSE: DJ) article by Judith Burns sparked the uproar, as the inextricably intertwined web of connections between the SEC and the DTC, which is sagging from the weight of conflicted governance by representatives from a rollcall of industry heavyweights, including NASD, which owns NASDAQ (OTCBB: NDAQ), the New York Stock Exchange, Goldman Sachs (NYSE: GS) and Lehman Brothers (NYSE: LEH), to name only a few.
The rule proposal would bar stock transfer agents from handling shares that carry any limitations on transfer. Control over stock certificates is one of the ways that small companies have combated illegal naked short sellers. Burns quoted Nazareth as saying that these companies'"self-help" efforts "aren't helping U.S. markets overall." Nazareth was quoted as saying restrictions on stocks are "a significant step backwards" in the "move from paper stock certificates to automated computerized trading."
Nazareth said that abusive "naked" short selling has been a problem "in some cases," but that is "best dealt with by a pending SEC proposal," presumably Regulation SHO.
SEC Commissioner William Donaldson purportedly publicly refused to answer any questions from the NASD about the timing of the Commission's consideration of the Regulation at a conference where he was simultaneously proposing early reforms of the mutual fund scandals. The Dow Jones said, however, that Robert Colby, SEC deputy market regulation division director, predicted the SEC will take that to a vote in early June.
The Dow Jones report noted that "naked short-selling occurs when sellers don't buy shares to replace those they borrowed, a manipulative practice that can drive a company's stock price sharply lower.
The stock certiticate plan has been put to a 30-day comment periodl Then the SEC would have to vote to adopt it. If adopted, Colby was quoted as saying that regulators might "sue firms that seek to impose restrictions on stock transfers."
The recent lawsuit filed by Nanopierce Technologies (OTCBB: NPCT) alleges that the Depository Trust and Clearing Corp. has a lot of reasons, almost one billion of them a year, to keep illegal naked short selling in operation. It was the shot across the bow by the legendary Houston law firms of Christian, Smith, Wukoson and Jewell, and OQuinn, Laminack and Pirtle, whose notches already include environmental targets, the breast implant industry and the tobacco industry, all brought to their knees.
In comments to the U.S. Securities and Exchange Commission, C. Austin Burrell, who is providing litigation support and research for the law firms, said that StockGate is more massive than anyone may have imagined. "Illegal Naked Short Selling has stripped hundreds of billions, if not TRILLIONS, of dollars from American investors," and have resulted in over 7,000 public companies having been "shorted out of existence over the past six years." Burrell said some experts believe as much as $1 trillion to $3 trillion has been lost to this practice.
He stated that the restrictions on short selling were deliberately put into the Securities Acts of 1933 and 1934 because of the first-hand evidence then available that the "sheer scale of the crashes was a direct result of intentional manipulation of US markets through abusive short selling by a massive conspiracy."
Burrell noted that the 65-lawyer team presided over by lead lawyers Wes Christian and John O'Quinn has uncovered more than 1,200 hedge fund and offshore accounts working through more than 150 broker-dealers and market makers in a joint cooperative effort to strip small and medium size public companies of their value.
Recently the NASD and U.S. Securities and Exchange Commission approved an interim naked short-selling band-aid, requiring U.S. brokers to make an "affirmative determination" that short-sellers, even foreign short-sellers, mostly Canadian, can find certificates to cover before processing the order.
Last year, many besieged public companies sought refuge from the manipulation by seeking to exit the DTC, but on June 4, 2003, the SEC stated "the issues surrounding naked short selling are not germane to the manner in which DTC operates as a depository registered as a clearing agency. Decisions to engage in such transactions are made by parties other than DTC. DTC does not allow its participants to establish short positions resulting from their failure to deliver securities at settlement. While the Commission appreciates commenters'concerns about manipulative activity, those concerns must be addressed by other means."
The Nanopierce lawsuit, said to be the first of many out of the box, emphatically suggests otherwise. According to lawyer Christian, et.al., the DTC is at the very heart of the problem, and has almost a billion dollars a year at stake in keeping the problem.
The Depository Trust Company (DTC) is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the SEC. The depository supposedly brings efficiency to the securities industry by retaining custody of some 2 million securities issues, effectively 'dematerializing'most of them so that they exist only as electronic files rather than as countless pieces of paper. The depository also provides the services necessary for the maintenance of the securities it has in "custody."
According to the suit, the DTCC has an enormous pecuniary and conflicted interest in the entire short selling scandal through the huge income stream they were realizing from it every day. They have made literally billions of dollars lending individual real shares, in most cases over and over, getting a fee each time they made a journal entry in the "Stock Borrow Program."
The Stock Borrow Program was purportedly set up to facilitate expedited clearance of stock trades. Somewhere along the line, the DTCC became aware that if it could lend a single share an unlimited number of times, it could collect a fee each time, according to Burrell. "There are numerous cases of a single share being lent ten or many more times," giving rise to the complaint that the DTCC has been electronically counterfeiting just as was done via printed certificates before the Crash.
"Such re-hypothecation has in effect made the potential 'float'in a single company's shares virtually unlimited and the term 'float'meaningless. Shares could be electronically created/counterfeited/kited without a registration statement being filed, and without the underlying company having any knowledge such shares are being sold or even in existence." Burrell said the Christian/O'Quinn lawsuits will seek to show that the "counterfeiting/creation of unregistered shares is a specific violation of the Securities Act of 1933, barring the 'Sale of Unregistered Securities'."
While the Nanopierce lawsuit has been filed at the state level, another companion lawsuit just heading to the courts on behalf of Exotics.com (OTC: EXII) will be argued at the Federal level.
Nanopierce's suit in the 2nd Judicial District Court in Nevada, is Case No. CV04-01079, alleges that the DTC's "stock borrow program" was "purportedly created to address SHORT TERM delivery failures," but that the "end result of the program has been to create tens of millions of unissued and unregistered shares to be traded in the public market," and in some instances resulting in "two or more shareholders who purchase shares in separate transactions to own the same shares."
The complaint alleges that the DTC has a colossal disincentive to stop the "stock borrow" program, booking revenues from services of $425,416,000 and similarly, the NSCC deriving revenues of $293,133,000.
Further, the suit alleges that "open positions" resulting from this activity at the close of business on December 31, 2003, "approximated $3,025,467,000" due to NSCC, and $2,303,717,000 due by NSCC, and unsettled positions of $721,750,000 for securities borrowed through the NSCC's "Stock Borrow Program."
Nanopierce claims that DTCC and NSCC have joined in a "scheme" to "manipulate downward the price of the affected securities, thereby reducing the market value of the open fail to deliver positions." The suit also claims that the defendants have permitted sellers to maintain open fail to deliver positions of tens of millions of shares for periods of a year and even longer.
It quotes the National Association of Security Dealers as admitting that "concerns have been raised by members, issuers, investors and other interested parties about potentially abusive short selling activities occurring in the marketplace. In particular, naked short selling, or selling short without borrowing securities to make delivery, can result in long term failures to deliver, including aggregate failures to deliver that exceed the total float of a security. NASD believes such extended failures to deliver can have a negative effect on the market. Among other things, by not having to deliver securities, naked short sellers can take on larger short positions than would otherwise be permissible, which can facilitate manipulative activity."
Nanopierce claims that it had "relied on material misrepresentations and omissions by DTC and NSCC in trading its shares in the stock market "without knowledge of Defendants'fraud-on-the market through statements they made about the clearing and settlement services they provided." Further, it claims that the Defendants acted with "scienter" since they had a major financial financial motivation to falsely represent their services, which Nanopierce claims are also anticompetitive.
The largely unregulated DTC has become something of a defacto Czar presiding over the entire U.S. markets system, wielding more day-to-day influence and control than the SEC, the NASD and NASDAQ combined. And, as the SEC's June 4 ruling indicates, its monopoly over the electronic trading system appears even to be protected.
The Depository Trust and Clearing Corp.'s two preferred shareholders are the New York Stock Exchange and the NASD, a regulatory agency that also owns the NASDAQ (OTCBB: NDAQ) and the embattled American Stock Exchange! Regulators, regulate thyself?
In an era when corporate governance is the primary interest for the SEC and state regulators, the DTCC is hardly a role model. Its 21 directors represent a virtual litany of conflict:
They include Bradley Abelow, Managing Director, Goldman Sachs (NYSE: GS); Jonathan E. Beyman, Chief Information Officer, Lehman Brothers (NYSE: LEH); Frank J. Bisignano, Chief Administrative Officer and Senior Executive Vice President, Citigroup / Solomon Smith Barney's Corporate Investment Bank (NYSE: C); Michael C. Bodson, Managing Director, Morgan Stanley (NYSE: MWD); Gary Bullock, Global Head of Logistics, Infrastructure, UBS Investment Bank (NYSE: UBS); Stephen P. Casper, Managing Director and Chief Operating Officer, Fischer Francis Trees &Watts, Inc.; Jill M. Considine,Chairman, President &Chief Executive Officer, The Depository Trust &Clearing Corporation (DTCC);
Also, Paul F. Costello, President, Business Services Group, Wachovia Securities (NYSE: WB); John W. Cummings, Senior Vice President &Head of Global Technology &Services, Merrill Lynch &Co. (NYSE: MER); Donald F. Donahue, Chief Operating Officer, The Depository Trust &Clearing Corporation (DTCC); Norman Eaker, General Partner, Edward Jones; George Hrabovsky, President, Alliance Global Investors Service; Catherine R. Kinney, President and Co-Chief Operating Officer, New York Stock Exchange; Thomas J. McCrossan, Executive Vice President, State Street Corporation (NYSE: STT); Eileen K. Murray, Managing Director, Credit Suisse First Boston (NYSE: CSR); James P. Palermo, Vice Chairman, Mellon Financial Corporation (NYSE: MEL); Thomas J. Perna, Senior Executive Vice President, Financial Companies Services Sector of The Bank of New York (NYSE: BNY); Ronald Purpora, Chief Executive Officer, Garban LLC; Douglas Shulman, President, Regulatory Services and Operations, NASD; and Thompson M. Swayne, Executive Vice President, JPMorgan Chase (NYSE: JPM).
In their comments to the SEC regarding Regulation SHO in January, the 50 state regulators, through their association, the North American Association of Securities Administrators (NASAA) issued what many consider to be a strong warning that if the DTC is not dealt with in the final regulations, state regulators such as New York State Attorney General Eliot Spitzer may step to the plate.
In what many considered to have been explosive comments, Ralph Lambiase, NASAA president and Director of the Connecticut Division of Securities, warned 'NASAA urges the Commission to reconsider its stance regarding the role of the Depository Trust and Clearing Corporation (the DTC). As a threshold matter, NASAA believes that the Commission should explicitly prohibit the DTC from lending more shares of a security than it actually holds. The ability of the overall proposed rule would be severely impared unless the Commission undertakes to implement such a prohibition."
As the Nanopierce lawsuit reveals, those were indeed strong words, meddling as it did, in a substantial revenues base for the DTCC.
Recently, leading market makers and brokers named in various lawsuits and other actions, including FleetBoston (NYSE: FBF), Goldman, Sachs &Co. (NYSE: GS), H. Myerson &Co., Inc. (NASDAQ: MHMY), Olde / H&R Block (NYSE: HRB), Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group and vFinance, Inc. (OTCBB: VFIN). A.G. Edwards, Inc. (NYSE: AGE), Ameritrade Holding Corp. (NASDAQ: AMTD), Deutsche Bank AG (NYSE: DB), and ETrade Group, Inc. (NYSE: ET), were forced to comply with new short-selling market regulations imposed by the NASD after the SEC had "sat on" the NASD request to plug material loopholes for almost 2-1/2 years.
"The new rules expand the scope of the affirmative determination requirements to include orders received from broker/dealers that are not members of NASD ('non-member broker/dealers').
The new rule is on the web at http://www.nasdr.com/2610_2004.asp#04-03
The rule itself, while welcomed by small companies and their shareholders in the U.S., nevertheless raised an outcry because the NASD's request to put it into effect had set on a shelf at the SEC since 2001.
The scandal has embroiled hundreds of companies and dozens of brokers and marketmakers, in a web of internaitional intrigue, manipulative short-selling and cross-border acctions and denials.
Comments on Regulation SHO ended January 5, and may be viewed at http://www.sec.gov/rules/proposed/s72303.shtml .
Some 122 companies, including 13 brokers, such as FleetBoston (NYSE: FBF), Goldman, Sachs &Co. (NYSE: GS), H. Myerson &Co., Inc. (NASDAQ: MHMY), Olde / H&R Block (NYSE: HRB), Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group and vFinance, Inc. (OTCBB: VFIN). A.G. Edwards, Inc. (NYSE: AGE), Ameritrade Holding Corp. (NASDAQ: AMTD), Deutsche Bank AG (NYSE: DB), and ETrade Group, Inc. (NYSE: ET), have been embroiled for over a year in a raging controversy
The remaining 109 companies among the 122 named to date have issued press releases or been named in the media as having been victimized, or as taking various actions, either alone or in concert with other companies, to oppose manipulative trading in the form of illegal naked short selling. The actions have ranged from lawsuits to withdrawals and threatened withdrawals from the electronic trading system managed by the Depository Trust &Clearing Corp., to withdrawals from toxic financings, to the issuance of dividends or name changes designed to squeeze manipulators, to joining associations or networks or to contacting regulatory authorities to provide documentation of abuses or otherwise complain.
The complete list of those 108 companies include Advanced Viral Research Corp. (OTCBB: ADVR), AdZone Research, Inc. (OTCBB: ADZR), Amazon Natural Treasures (OTC: ANTD), America's Senior Financial Services (OTCBB: AMSE), American Ammunition, Inc. (OTCBB: AAMI), AngelCiti Entertainment (OTCBB: AGLC), ATSI Communications, Inc. (OTC: ATSC), Federal Agricultural Mortgage / Farmer Mac (NYSE: AGM) Allied Capital (NYSE: ALD), American Motorcycle (OTC: AMCYV), American International Industries (OTCBB: AMIN), Ameri-Dream (OTC: AMDR), Adirondack Pure Springs Mt. Water Co. (OTCBB: APSW), ATSI Communications,Inc. (OTC: ATSC) Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB: BLIIV), Bentley Communications (OTCBB: BTLY), BIFS Technologies Corporation (OTCBB: BIFT), Biocurex (OTCBB: BOCX). Broadleaf Capital Partners, Inc. (OTCBB: BDLF), Chattem, Inc. (NASDAQ: CHTT), Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), CyberDigital, Inc. (OTCBB: CYBD). Diamond International Group (OTCBB: DMND), Dobson Communications Corp. (NASDAQ: DCEL), Eagle Tech Communications (OTC: EATC), Edgetech Services (OTCBB: EDGH);
Also, Endovasc Ltd. (OTCBB: EVSC), Enviro-Energy Corporation (OTCBB: ENGY), Environmental Products &Technologies (OTC: EPTC), Environmental Solutions Worldwide, Inc. (OTCBB: ESWW), EPIXTAR Corp. (OTCBB: EPXR), eResearchTechnologies, Inc. (NASDAQ: ERES), Flight Safety Technologies (OTCBB: FLST), Freddie Mac (NYSE: FRE), FreeStar Technologies (OTCBB: FSRCE), Front Porch Digital,
Inc. (OTCBB: FPDI), Geotec Thermal Generators, Inc. (OTCBB: GETC), Genesis Intermedia (OTC: GENI), GeneMax Corp. (OTCBB: GMXX), Global Explorations Inc (OTC: GXXL), Global Path (OTCBB: GBPI), GloTech Industries, Inc. (OTCBB: GTHI), Green Dolphin Systems (OTCBB: GLDS), Group Management (OTCBB: GPMT), Hop-On (OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), Hyperdynamics Corp. (OTCBB: HYPD), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), International Broadcasting Corporation (OTCBB: IBCS), InternetStudios, Inc. (OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Investco Corp. (OTCBB: IVCO), Lair Holdings (OTC: LAIR), Lifeline BioTechnologies Inc. (OTC: LBTT), Life Energy &Technology (OTCBB: LETH), MBIA (NYSE: MBI);
Also, MegaMania Interactive (OTC: MNIA), MetaSource Group, Inc. (OTCBB: MTSR),Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), Medinah Minerals (OTC: MDMN), MSM Jewelry Corp. (OTC: MSMC), Nanopierce Technologies, Inc. (OTCBB: NPCT), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Navigator Ventures (OTC: NVGV), Orbit E-Commerce, Inc. (OTCBB: OECI), Pitts &Spitts (OTC: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB: PACC), PayStar Corporation (OTC: PYST),Petrogen Corp. (OTCBB: PTGC), Pinnacle Business Management (OTC: PCBM), Premier Development &Investment, Inc. (OTCBB: PDVN), PrimeHoldings.com, Inc. (OTC: PRIM), Phlo Corporation (OTCBB: PHLC), Resourcing Solutions (OTC: RESG), Reed Holdings (OTC: RDHC), Rocky Mountain Energy Corp. (OTCBB: RMECE), RTIN Holdings (OTCBB: RTNHE), Saflink Corp. (NASDAQ: SFLK), Safe Travel Care (OTCBB: SFTVV), Sedona Corp. (OTCBB: SDNA);
Also, Sionix Corp. (OTCBB: SINX), Sonoran Energy (OTCBB: SNRN), Starmax Technologies (OTC: SMXIF), Storage Suites America (OTC: SSUA), Suncomm Technologies (OTC: STEH), Sports Resorts International (NASDAQ: SPRI), Technology Logistics (OTC: TLOS), Swiss Medica, Inc. (OTCBB: SWME), Ten Stix, Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Titan Construction (OTC: TTCS), Trezac Corp. (OTCBB: TRZAV), Universal Express, Inc. (OTCBB: USXP), Valesc Holdings, Inc. (OTCBB: VLSHV), Vega Atlantic (OTCBB: VGAC), Viragen (AMEX: VRA), Viragen International (OTCBB: VGNI), Vista Continental Corporation, (OTCBB: VICC), Viva International (OTCBB: VIVI), Vtex Energy (OTCBB: VXENE) and Wizzard Software (OTCBB: WIZD), WorldTradeShow.com (OTC: WTSW) and Y3K Secure Enterprise Software, Inc. (OTCBB: YTHK).
Earlier in 2003, the SEC fined Rhino Advisors, Inc., $1 million for its representation of Amro International in the financing and manipulation of Sedona Corp. Amro, also known as AMRO, was registered in Panama, a secretive offshore haven, but was not named in the SEC settlement. Another 60 public companies may have been manipulated by the fined Rhino Advisors and its indicted principals, or its funding apparatus, Amro.
These include:
All American Food Group Inc (OTC: AAFGQ), Amanda Co Inc (OTC: AMNA), Antra Holdings (OTC: RECD), Aquis Communications Group Inc (OTCBB: AQUIS), Avanir Pharmaceuticals (AMEX: AVN), Bionutrics Inc (OTC: BNRX), Brilliant Digital Entertainment Inc (AMEX: BDE), Bravo! Foods International Corp. (OTCBB: BRVOE), Butler National Corp (NASDAQ: BUTL),Calypte Biomedical Corp (OTCBB: CYPT), Chemtrak Inc/DE (OTC: CMTR), Clicknsettle Com Inc (OTCBB: CLIK), Corporate Vision Inc (OTC: CVIA), Crown Laboratories Inc/DE (OTC: CLWB), Dental Medical Diagnostic Systems Inc (OTC: DMDS), Detour Media Group Inc (OTC: DTRM),
Also, Digital Privacy Inc/DE (OTC: DGPV), Senior Services Inc (OTC: DISS), International Inc (OTC: DYNX), Endovasc Ltd Inc (OTCBB: EVSC), Esynch Corp/CA (OTCBB: ESYN), Focus Enhancements Inc (NASDAQ: FSCE), Frederick Brewing Co (OTC: FRBW), Greystone Digital Technology Inc (OTC: GSTN), Havana Republic Inc/FL (OTCBB: HVNR), Henley Healthcare Inc (OTC: HENL), Hollywood Media Corp (NASDAQ: HOLL), Ibiz Technology Corp (OTCBB: IBZT), Diagnostic Systems Inc/FL (OTCBB: IMDS), Imaging Technologies (OTCBB: IMTO), Integrated Surgical Systems Inc (OTCBB: RDOC),
Also, Interferon Sciences Inc (OTC: IFSC), Interiors Inc (OTC: ITRNA), Laminaire Corp (OTC: THMZ), Medisys Technologies Inc (OTC: SCEP), Milestone Scientific Inc/NJ (AMEX: MS), Nevada Manhattan Group Inc (OTC: NVMH), Innovations Inc (OTCBB: NTGE),Systems Group (OTC: OSYM), Pacific Systems Control Technology Inc (OTCBB: PFSY), Professional Transportation Group Ltd Inc (OTC: TRUC), Rnethealth Inc (OTC: RNTT),
Also, Sand Technology Inc (NASDAQ: SNDT), Sedona Corp (OTCBB: SDNA), Silverado Foods Inc (OTC: SVFO), Stockgroup Information Systems (OTCBB: SWEB) Surgilight Inc (OTC: SRGL), Tasty Fries Inc (OTCBB: TFRY), Tech Laboratories Inc (OTCBB: TCHL), Teltran International Group Ltd (OTC: TLTG), Titan Motorcycle Co of America Inc (OTC: TMOTQ), Trans Energy Inc (OTCBB: TSRG), Motorcycle Co (OTC: UMCC), Universal Communication Systems Inc (OTCBB: UCSY), Medical Systems Inc (OTC: UMSI), Vianet Technologies Inc (OTC: VNTK),Viragen Inc (AMEX: VRA), Webcatalyst Inc (OTC: WBCL), Worldwide Wireless Networks Inc (OTCBB: WWWNQ), and ZAP (OTCBB: ZAPZ).
IRONIC???The NASDAQ Stock
Market, Inc. (''NASDAQ(R)''; OTC Bulletin Board: NDAQ)
(COMTEX) B: StockGate: Berlin Listings 'Abuse Rules,' Says Financial Times
Headline ( financialwire.net )
B: StockGate: Berlin Listings 'Abuse Rules,' Says Financial Times Headline ( fin
ncialwire.net )
May 20, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Media attention
from Financial Times and The Pipes Report are now focusing on the bizarre turn
of events at the Berlin Stock Exchange, which has come under fire from numerous
small public companies such as Environmental Solutions Worldwide (OTCBB: ESWW),
GoldSpring, Inc. (OTCBB: GSPG), Wizzard Software (OTCBB: WIZD), and Advanced ID
(NASDAQ: AIDO) for inexplicably listing their shares without authorization or in
most cases, notification.
The story, first broke by FinancialWire, has taken new twists, including
complaints to the NASD and the U.S. Securities and Exchange Commission regarding
manipulative trading that has coincided with the "listings" on the
exchange for dozens of the several hundred companies that were listed en masse
by what appears now to have been a rogue trader.
"The Berlin listings came just weeks before a new Securities and Exchange
Commission rule on so-called naked short selling. Under the new rules, those
seeking to sell shares short must be able to demonstrate that they are able to
gain access to the securities within two days," noted Norma Cohen, reporting
in Financial Times. "However, the rules contain a loophole for what are
deemed to be genuine arbitrage trades, defined as short sales in shares that are
listed on another stock exchange.
"According to a spokeswoman for the Berlin-Bremen Stock Exchange, a single
broker, Berliner Freiverkehr, asked that 850 US companies that are traded Over
The Counter (OTC) be added to the official list during a six-week period
beginning in mid-February," the Times stated.
The Pipes Report confirmed FinancialWire's story earlier this week that the
Berlin Stock Exchange, at http://www.berlinerboerse.com, has apparently put the
brakes on more than 200 U.S. public companies sponsored by the German brokerage
Berliner Freiverkehr (Aktien) AG, broker #1170. The companies are now under
"filing companies" but have the designation, "NA," under the
column for the "expected day of listing."
One hundred of the companies were "listed" by Berliner Freiverkehr,
mostly without the company's knowledge or authorization, on April 22. Another 43
were put up for listing on April 23 and another 80 on April 28.
The April 28 listings pending include:
Zone 4 Play Inc., Zap, WinWin Gaming, Whitney Info Net, Warrantech Corp, Viragen
International, Veramark Tech, Urban Television, Towne Bank, Total First Aid,
Time America Inc., Thomas Group Inc., Surequest System, Summit Financial,
Spectre Gaming, Sealife Corp., Scanner Technology, Roo Group Inc., Refocus Group
Inc., Provectus Pharma, Power2Ship Inc, Pipeline Data, Pan American Energy,
Ortec Intl. Inc, Ophthalmic Image, Northern Empire, Noble Romans Inc., New
Medium Enterprises, New Jersey Mining, Naturade Inc., Nathaniel Energy, Mymetics
Corp, Michelex Corp, Medicor Ltd, Market Central, Man Sang Holdings, Kolorfusion
Intl, J Net Enterprises, Intl Smart Sources, International Mo, International Ca,
IJJ Corp, I2 Telecom Internationa, Heritage Worldwide, Find/SVP Inc, E-The Movie
Network, Ergo Science, Eos International, Elbit Vision Israel, E Med Future Inc,
Dogs International, Desert Mining, Corvu Corp, Coolsavings Inc, Claxson Inter-A,
Cipher Holding, China Expert Technologies, Carroll Shelby, Burzynski Research,
BP International, Bns Co-Cl A, Barneys NY Inc, Ballistic Recov, Axesstel Inc,
Archon Corporation, AP Henderson Group, Anacomp Inc-A, Amer Intl. Industries,
Aethlon Medical, Advant-E Corp, ACR Group Inc, and Acceris Communication.
The April 23 listings pending include:
Systems Evolution, Startech Enviro, Specialized Health, Solutia Inc, Skyterra
Communication, Siricomm Inc., Sinofresh Health, Simtek Corp., Silverleaf
Resources, Serviceware Tech, Searchhelp Inc., Schick Tech Inc., Satellite
Enterprise, Safety Component,Robotic Vision, Roaming Messenge, Poseidis Inc.,
Polymer Group-A, Platinum Superya, Phone 1Globalwide,Pharsight Corp, Pharm
Formulation, PDC Innovative, Oxford Ventures, Yi Wan Group Inc, YDI Wireless
Inc, XRG Inc, Weirton Steel, Usurf America, United Energy/NV, UCI Medical Affi,
Touchstone Resources, Torvec Inc, Tissera Inc, Timco Aviation, Thermoenergy, and
Temecula Valley.
And the April 22 listings pending include:
Otish Mountain, Optio Software, Northland Cran-A, Nothern American, Newtech
Brake Corp, Network Installa, Net 1 Ueps Tech, Nannaco Inc, Mr3 Systems Inc.,
Millstream Acqui, Mile Marker Inc, Micromem Tech, Metalline Mining, Mems Inc,
Medical Makeover, Manhattan Pharma, Majesco Holdings, M2003 PLC,
Loral Space & Communication, Locateplus Holdings, Life Science Resources,
Liberty Star Gold, Komodo Inc, Knot Inc., Jurak Corp, Jag Media Holding-, Invisa
Inc, Intl. Paper-Pfd, Integrat Security Systems, Impsat Fiber Net, Houston
American, Havana Group Inc, Guardian Tech, Graphco Holdings, GFY Food Inc,
Gelstat Corp., Gaming & Entertainment, Fortune Divers, First Avenue Net,
Findex.com Inc, Femone Inc., Female Health, Fact Corporation, Exten Industries,
Exide Technologies, Epixtar Corp., Endeavor Intl, Eline Entertainment,
Ecoloclean Industries, Duravest Inc, Dtomi Inc, Dreams Inc, Directview Inc,
Cytomedix Inc, CPC of America, Conectisys Corp, Comdisco Holdings, Civitas
Bankgroup, Cinemaelectric, China World Trade, China Granite Co, China
Enterprise, Chaus (Bernard), Chaparral Resources, Cadence Resources, Buyers
United Inc., Bio-Amer Capital, Axcess Inc, Autoinfo Inc, Austral Pcific, Asia
Premium Tel, Asia Pac Wire, Ascendant Solution, Aptimus Inc., Applied DNA
Science, American Oil & Gas, Amer Tech Group,
Amcast Industrial, Ambase Corp, Alpine Group Inc, Allegiance Telecommunicaion,
Air-Q Wi-Fi orp, Aerotelesis Inc, Aegis Assessment, Accupoll Holdings, Aames
Financial Corp, and Armstrong Holdings
Other listings pending by the same broker include:
Samaritan Pharm, Sagent Tech Inc, Spacedev Inc, IVP Technology, Tech Labs Inc,
Synthetic Turf C, Swiss Medica Inc, Summus Inc., Stockgroup Info, Spectrum
Organic, Spear&Jackson, Sonoran Energy I, ADV Viral Research, Allergy Research
Group, and TVI Corp..
The Pipes Report, followed the Dow Jones in confirming the lawsuit by Nanopierce
Technologies (OTCBB: NCPT) against the Depository Trust and Clearing Corp., and
said that the chief spokesperson for the DTCC continues to deny that it has been
sued even though the papers were served on the entity's attorneys more than two
weeks ago.
How entrenched is the Depository Trust and Clearing Corp.? It's two preferred
shareholders are the New York Stock Exchange and the NASD, a regulatory agency
that also owns the NASDAQ (OTCBB: NDAQ) and the embattled American Stock
Exchange! Regulators, regulate thyself?
In an era when corporate governance is the primary interest for the SEC and
state regulators, the DTCC is hardly a role model. Its 21 directors represent a
virtual litany of conflict:
They include Bradley Abelow, Managing Director, Goldman Sachs (NYSE: GS);
Jonathan E. Beyman, Chief Information Officer, Lehman Brothers (NYSE: LEH);
Frank J. Bisignano, Chief Administrative Officer and Senior Executive Vice
President, Citigroup / Solomon Smith Barney's Corporate Investment Bank (NYSE:
C); Michael C. Bodson, Managing Director, Morgan Stanley (NYSE: MWD); Gary
Bullock, Global Head of Logistics, Infrastructure, UBS Investment Bank (NYSE:
UBS); Stephen P. Casper, Managing Director and Chief Operating Officer, Fischer
Francis Trees & Watts, Inc.; Jill M. Considine,Chairman, President & Chief
Executive Officer, The Depository Trust & Clearing Corporation (DTCC);
Also, Paul F. Costello, President, Business Services Group, Wachovia Securities
(NYSE: WB); John W. Cummings, Senior Vice President & Head of Global Technology
& Services, Merrill Lynch & Co. (NYSE: MER); Donald F. Donahue, Chief Operating
Officer, The Depository Trust & Clearing Corporation (DTCC); Norman Eaker,
General Partner, Edward Jones; George Hrabovsky, President, Alliance Global
Investors Service; Catherine R. Kinney, President and Co-Chief Operating
Officer, New York Stock Exchange; Thomas J. McCrossan, Executive Vice President,
State Street Corporation (NYSE: STT); Eileen K. Murray, Managing Director,
Credit Suisse First Boston (NYSE: CSR); James P. Palermo, Vice Chairman, Mellon
Financial Corporation (NYSE: MEL); Thomas J. Perna, Senior Executive Vice
President, Financial Companies Services Sector of The Bank of New York (NYSE:
BNY); Ronald Purpora, Chief Executive Officer, Garban LLC; Douglas Shulman,
President, Regulatory Services and Operations, NASD; and Thompson M. Swayne,
Executive Vice President, JPMorgan Chase (NYSE: JPM).
In their comments to the SEC regarding Regulation SHO in January, the 50 state
regulators, through their association, the North American Association of
Securities Administrators (NASAA) issued what many consider to be a strong
warning that if the DTC is not dealt with in the final regulations, state
regulators such as New York State Attorney General Eliot Spitzer may step to the
plate.
In what many considered to have been explosive comments, Ralph Lambiase, NASAA
president and Director of the Connecticut Division of Securities, warned "NASAA
urges the Commission to reconsider its stance regarding the role of the
Depository Trust and Clearing Corporation (the DTC). As a threshold matter,
NASAA believes that the Commission should explicitly prohibit the DTC from
lending more shares of a security than it actually holds. The ability of the
overall proposed rule would be severely impared unless the Commission undertakes
to implement such a prohibition."
As the Nanopierce lawsuit reveals, those were indeed strong words, meddling as
it did, in a substantial revenues base for the DTCC.
Recently, leading market makers and brokers named in various lawsuits and other
actions, including FleetBoston (NYSE: FBF), Goldman, Sachs & Co. (NYSE: GS), H.
Myerson & Co., Inc. (NASDAQ: MHMY), Olde / H&R Block (NYSE: HRB), Charles Schwab
(NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group and vFinance,
Inc. (OTCBB: VFIN). A.G. Edwards, Inc. (NYSE: AGE), Ameritrade Holding Corp.
(NASDAQ: AMTD), Deutsche Bank AG (NYSE: DB), and ETrade Group, Inc. (NYSE: ET),
were forced to comply with new short-selling market regulations imposed by the
NASD after the SEC had "sat on" the NASD request to plug material
loopholes for almost 2-1/2 years.
"The new rules expand the scope of the affirmative determination
requirements to include orders received from broker/dealers that are not members
of NASD ("non-member broker/dealers").
The new rule is on the web at http://www.nasdr.com/2610_2004.asp#04-03
The rule itself, while welcomed by small companies and their shareholders in the
U.S., nevertheless raised an outcry because the NASD's request to put it into
effect had set on a shelf at the SEC since 2001.
The scandal has embroiled hundreds of companies and dozens of brokers and
marketmakers, in a web of internaitional intrigue, manipulative short-selling
and cross-border acctions and denials.
Comments on Regulation SHO ended January 5, and may be viewed at
http://www.sec.gov/rules/proposed/s72303.shtml .
Some 122 companies, including 13 brokers, such as FleetBoston (NYSE: FBF),
Goldman, Sachs & Co. (NYSE: GS), H. Myerson & Co., Inc. (NASDAQ: MHMY), Olde /
H&R Block (NYSE: HRB), Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE:
TD), TD Waterhouse Group and vFinance, Inc. (OTCBB: VFIN). A.G. Edwards, Inc.
(NYSE: AGE), Ameritrade Holding Corp. (NASDAQ: AMTD), Deutsche Bank AG (NYSE:
DB), and ETrade Group, Inc. (NYSE: ET), have been embroiled for over a year in a
raging controversy
The remaining 109 companies among the 122 named to date have issued press
releases or been named in the media as having been victimized, or as taking
various actions, either alone or in concert with other companies, to oppose
manipulative trading in the form of illegal naked short selling. The actions
have ranged from lawsuits to withdrawals and threatened withdrawals from the
electronic trading system managed by the Depository Trust & Clearing Corp., to
withdrawals from toxic financings, to the issuance of dividends or name changes
designed to squeeze manipulators, to joining associations or networks or to
contacting regulatory authorities to provide documentation of abuses or
otherwise complain.
The complete list of those 108 companies include Advanced Viral Research Corp.
(OTCBB: ADVR), AdZone Research, Inc. (OTCBB: ADZR), Amazon Natural Treasures
(OTC: ANTD), America's Senior Financial Services (OTCBB: AMSE), American
Ammunition, Inc. (OTCBB: AAMI), AngelCiti Entertainment (OTCBB: AGLC), ATSI
Communications, Inc. (OTC: ATSC), Federal Agricultural Mortgage / Farmer Mac
(NYSE: AGM) Allied Capital (NYSE: ALD), American Motorcycle (OTC: AMCYV),
American International Industries (OTCBB: AMIN), Ameri-Dream (OTC: AMDR),
Adirondack Pure Springs Mt. Water Co. (OTCBB: APSW), ATSI Communications,Inc.
(OTC: ATSC) Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB:
BLIIV), Bentley Communications (OTCBB: BTLY), BIFS Technologies Corporation
(OTCBB: BIFT), Biocurex (OTCBB: BOCX). Broadleaf Capital Partners, Inc. (OTCBB:
BDLF), Chattem, Inc. (NASDAQ: CHTT), Critical Home Care (OTCBB: CCLH), Composite
Holdings (OTC: COHIA), CyberDigital, Inc. (OTCBB: CYBD). Diamond International
Group (OTCBB: DMND), Dobson Communications Corp. (NASDAQ: DCEL), Eagle Tech
Communications (OTC: EATC), Edgetech Services (OTCBB: EDGH);
Also, Endovasc Ltd. (OTCBB: EVSC), Enviro-Energy Corporation (OTCBB: ENGY),
Environmental Products & Technologies (OTC: EPTC), Environmental Solutions
Worldwide, Inc. (OTCBB: ESWW), EPIXTAR Corp. (OTCBB: EPXR),
eResearchTechnologies, Inc. (NASDAQ: ERES), Flight Safety Technologies (OTCBB:
FLST), Freddie Mac (NYSE: FRE), FreeStar Technologies (OTCBB: FSRCE), Front
Porch Digital,
Inc. (OTCBB: FPDI), Geotec Thermal Generators, Inc. (OTCBB: GETC), Genesis
Intermedia (OTC: GENI), GeneMax Corp. (OTCBB: GMXX), Global Explorations Inc
(OTC: GXXL), Global Path (OTCBB: GBPI), GloTech Industries, Inc. (OTCBB: GTHI),
Green Dolphin Systems (OTCBB: GLDS), Group Management (OTCBB: GPMT), Hop-On
(OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), Hyperdynamics Corp. (OTCBB: HYPD),
International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO),
International Broadcasting Corporation (OTCBB: IBCS), InternetStudios, Inc.
(OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Investco Corp. (OTCBB: IVCO), Lair
Holdings (OTC: LAIR), Lifeline BioTechnologies Inc. (OTC: LBTT), Life Energy &
Technology (OTCBB: LETH), MBIA (NYSE: MBI);
Also, MegaMania Interactive (OTC: MNIA), MetaSource Group, Inc. (OTCBB:
MTSR),Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), Medinah Minerals
(OTC: MDMN), MSM Jewelry Corp. (OTC: MSMC), Nanopierce Technologies, Inc.
(OTCBB: NPCT), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK),
Navigator Ventures (OTC: NVGV), Orbit E-Commerce, Inc. (OTCBB: OECI), Pitts &
Spitts (OTC: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB:
PACC), PayStar Corporation (OTC: PYST),Petrogen Corp. (OTCBB: PTGC), Pinnacle
Business Management (OTC: PCBM), Premier Development & Investment, Inc. (OTCBB:
PDVN), PrimeHoldings.com, Inc. (OTC: PRIM), Phlo Corporation (OTCBB: PHLC),
Resourcing Solutions (OTC: RESG), Reed Holdings (OTC: RDHC), Rocky Mountain
Energy Corp. (OTCBB: RMECE), RTIN Holdings (OTCBB: RTNHE), Saflink Corp.
(NASDAQ: SFLK), Safe Travel Care (OTCBB: SFTVV), Sedona Corp. (OTCBB: SDNA);
Also, Sionix Corp. (OTCBB: SINX), Sonoran Energy (OTCBB: SNRN), Starmax
Technologies (OTC: SMXIF), Storage Suites America (OTC: SSUA), Suncomm
Technologies (OTC: STEH), Sports Resorts International (NASDAQ: SPRI),
Technology Logistics (OTC: TLOS), Swiss Medica, Inc. (OTCBB: SWME), Ten Stix,
Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Titan Construction (OTC: TTCS),
Trezac Corp. (OTCBB: TRZAV), Universal Express, Inc. (OTCBB: USXP), Valesc
Holdings, Inc. (OTCBB: VLSHV), Vega Atlantic (OTCBB: VGAC), Viragen (AMEX: VRA),
Viragen International (OTCBB: VGNI), Vista Continental Corporation, (OTCBB:
VICC), Viva International (OTCBB: VIVI), Vtex Energy (OTCBB: VXENE) and Wizzard
Software (OTCBB: WIZD), WorldTradeShow.com (OTC: WTSW) and Y3K Secure Enterprise
Software, Inc. (OTCBB: YTHK).
Earlier in 2003, the SEC fined Rhino Advisors, Inc., $1 million for its
representation of Amro International in the financing and manipulation of Sedona
Corp. Amro, also known as AMRO, was registered in Panama, a secretive offshore
haven, but was not named in the SEC settlement. Another 60 public companies may
have been manipulated by the fined Rhino Advisors and its indicted principals,
or its funding apparatus, Amro.
These include:
All American Food Group Inc (OTC: AAFGQ), Amanda Co Inc (OTC: AMNA), Antra
Holdings (OTC: RECD), Aquis Communications Group Inc (OTCBB: AQUIS), Avanir
Pharmaceuticals (AMEX: AVN), Bionutrics Inc (OTC: BNRX), Brilliant Digital
Entertainment Inc (AMEX: BDE), Bravo! Foods International Corp. (OTCBB: BRVOE),
Butler National Corp (NASDAQ: BUTL),Calypte Biomedical Corp (OTCBB: CYPT),
Chemtrak Inc/DE (OTC: CMTR), Clicknsettle Com Inc (OTCBB: CLIK), Corporate
Vision Inc (OTC: CVIA), Crown Laboratories Inc/DE (OTC: CLWB), Dental Medical
Diagnostic Systems Inc (OTC: DMDS), Detour Media Group Inc (OTC: DTRM),
Also, Digital Privacy Inc/DE (OTC: DGPV), Senior Services Inc (OTC: DISS),
International Inc (OTC: DYNX), Endovasc Ltd Inc (OTCBB: EVSC), Esynch Corp/CA
(OTCBB: ESYN), Focus Enhancements Inc (NASDAQ: FSCE), Frederick Brewing Co (OTC:
FRBW), Greystone Digital Technology Inc (OTC: GSTN), Havana Republic Inc/FL
(OTCBB: HVNR), Henley Healthcare Inc (OTC: HENL), Hollywood Media Corp (NASDAQ:
HOLL), Ibiz Technology Corp (OTCBB: IBZT), Diagnostic Systems Inc/FL (OTCBB:
IMDS), Imaging Technologies (OTCBB: IMTO), Integrated Surgical Systems Inc
(OTCBB: RDOC),
Also, Interferon Sciences Inc (OTC: IFSC), Interiors Inc (OTC: ITRNA), Laminaire
Corp (OTC: THMZ), Medisys Technologies Inc (OTC: SCEP), Milestone Scientific
Inc/NJ (AMEX: MS), Nevada Manhattan Group Inc (OTC: NVMH), Innovations Inc
(OTCBB: NTGE),Systems Group (OTC: OSYM), Pacific Systems Control Technology Inc
(OTCBB: PFSY), Professional Transportation Group Ltd Inc (OTC: TRUC), Rnethealth
Inc (OTC: RNTT),
Also, Sand Technology Inc (NASDAQ: SNDT), Sedona Corp (OTCBB: SDNA), Silverado
Foods Inc (OTC: SVFO), Stockgroup Information Systems (OTCBB: SWEB) Surgilight
Inc (OTC: SRGL), Tasty Fries Inc (OTCBB: TFRY), Tech Laboratories Inc (OTCBB:
TCHL), Teltran International Group Ltd (OTC: TLTG), Titan Motorcycle Co of
America Inc (OTC: TMOTQ), Trans Energy Inc (OTCBB: TSRG), Motorcycle Co (OTC:
UMCC), Universal Communication Systems Inc (OTCBB: UCSY), Medical Systems Inc
(OTC: UMSI), Vianet Technologies Inc (OTC: VNTK),Viragen Inc (AMEX: VRA),
Webcatalyst Inc (OTC: WBCL), Worldwide Wireless Networks Inc (OTCBB: WWWNQ), and
ZAP (OTCBB: ZAPZ).
For up-to-the-minute news, features and links click on
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(C) 2004 financialwire.net, Inc. All rights reserved.
-0-
*** end of story ***
thats one lucky dog is all i can say !!!mmm i d never complain over ANY homecooked meal doug better rethink his actions !!!
fwiw RWNT s-8filed last nite47 mil sh
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
------------------------------------
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933, AS AMENDED
------------------------------------
REALITY WIRELESS NETWORKS, INC.
(Exact name of registrant as specified in its charter)
Nevada 88-0422026
(State or other jurisdiction of (I.R.S. Employer ID. No.)
incorporation or organization)
P.O. Box 112626
Campbell, CA 95011
(253) 853-3632
(Address of Principal Executive Offices)
=================================================================
AMENDMENT NO. 3 TO CONSULTING SERVICES AGREEMENT BETWEEN BARTHOLOMEW
INTERNATIONAL INVESTMENTS LIMITED, INC. AND REALITY WIRELESS NETWORKS, INC.
(Full Title of Plan)
AMENDMENT NO. 1 TO CONSULTING SERVICES AGREEMENT BETWEEN SARATOGA CAPITAL
PARTNERS, INC. AND REALITY WIRELESS NETWORKS, INC.
(Full Title of Plan)
AMENDMENT NO. 2 TO CONSULTING SERVICES AGREEMENT BETWEEN DAEDALUS VENTURES, INC.
AND REALITY WIRELESS NETWORKS, INC.
(Full Title of Plan)
ENGAGEMENT AGREEMENT BETWEEN REALITY WIRELESS NETWORKS, INC.,
AND THE OTTO LAW GROUP, PLLC
(Full Title of Plan)
EMPLOYMENT AGREEMENT BETWEEN REALITY WIRELESS NETWORKS, INC.,
AND STEVE CAREAGA
(Full Title of Plan)
CONSULTING SERVICES AGREEMENT BETWEEN CAPITAL GROUP INTERNATIONAL,
LLLP-WESTERN SERIES AND REALITY WIRELESS NETWORKS, INC.
(Full Title of Plan)
<PAGE>
David M. Otto, Esq.
The Otto Law Group, PLLC
900 Fourth Avenue, Suite 3140
Seattle, Washington 98164
(206) 262-9545
(Name, Address and Telephone Number of Agent for Service of Process)
--------------------------------------------------------------------------------
If any of the Securities being registered on this Form S-8 are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, as amended, other than securities offered only in connection with dividend
or interest reinvestment plans, check the following box. ___
<TABLE>
<CAPTION>
CALCULATION OF REGISTRATION FEE
------------------------ ---------------------- -------------------------- -------------------------- --------------
Proposed Maximum Proposed Maximum
Title of Securities to Amount to be Offering Price Per Aggregate Offering Amount
be Registered Registered(1) Share(2) Price(2) of Fee(2)
------------------------ ---------------------- -------------------------- -------------------------- --------------
<S> <C> <C> <C> <C>
Common Stock, 47,500,000 $0.02 $950,000 $120.36
$0.001 par value
------------------------ ---------------------- -------------------------- -------------------------- --------------
</TABLE>
ADVK B: New Web Site Offers Cyber World for Women! WomenInformed.com t
Be Introduced at Arizona Women's Expo ( MARKET WIRE
B: New Web Site Offers Cyber World for Women! WomenInformed.com to Be Introduced
at Arizona Women's Expo ( MARKET WIRE )
PHOENIX, AZ, Mar. 16, 2004 (MARKET WIRE via COMTEX) -- Women Informed.com,
Inc., a subsidiary of Advanced Solutions and Technologies, Inc. (OTC: ADVK), is
expected to debut in early May with a fresh, positive, aggressive approach to
the cyber world.
"We are going to shake things up. Appropriately dubbed WomenInformed.com, is
about women for women, manage by women. We envision millions of women now having
the ability to connect with a huge wealth of information which pertains directly
to them; business, financial, political, education, family life, careers,
entertainment, spiritual, fashion, beauty and much more. Corporate partners will
provide support and discounts on products and services to members of
WomenInformed.com," said Christi Frantom spokesperson.
The material offered through WomenInformed.com will be carefully researched and
selected by a staff of professionals with varying backgrounds, education and
interests themselves. This talented team will also welcome independent articles
and original work for consideration and possible inclusion on WomenInformed.com.
Our sister company "ItsFun.com" will provide us with online digital music for
sale from women artists, bands, songwriters, producers, and publishers.
WomenInformed.com will operate a booth at the Arizona Women's Expo at the
Phoenix Civic Plaza March 20th and 21st, 2004. The Expo, like the web site, is
devoted to a variety of informative areas of special interest to women.
Officials of the site will also be on the lookout for women who want to assist
in providing content or contribute articles. Sharing the WomenInformed.com booth
will be Kathleen O'Brien of Mutual of Omaha with special financial information
for women. Also in the booth will be Marlane Porter, a Phoenix attorney with
Morris, Hall, & Kinghom, with a wealth of legal information for women, and Neta
Irwin, Executive National Vice President/Independent Consultant of Arbonne
International, with premium skin care samples, tips and literature.
Ms. Frantom vowed that WomenInformed.com will become the premier site of its
kind, a place a woman can call home on the Internet. "We want a site where a
woman can get information, provide information, be entertained and, quite
literally, improve her lifestyle and advance her interests," said Ms. Frantom.
Forward-looking Statements in this release are made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that such forward-looking statements involve risks and
uncertainties, including, without limitation, continued acceptance of the
company's products, increased levels of competition for the company, new
products and technological changes, the company's dependence upon third-party
suppliers, intellectual property rights, and other risks.
Contact:
Portia Lorraine
602-505-4321
E-Mail: Info@WomenInformed.com
Website: www.WomenInformed.com
Advanced Solutions and Technologies, Inc.
Dick Winkel
919-753-7605
SOURCE: WomenInformed.com, Inc.
Copyright 2004 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
Lifestyle and Leisure:Recreation
Lifestyle and Leisure:Toys and Hobbies
Lifestyle and Leisure:Women's Interest
*** end of story ***
CDED CareDecision Upgrades Its ResidenceWare Lodging Networks and Comm
nces Discussions With Nationally Known Food Service a
CareDecision Upgrades Its ResidenceWare Lodging Networks and Commences Discussio
s With Nationally Known Food Service and Restaurant Entities
NEW YORK, March 16 /PRNewswire-FirstCall/ -- CareDecision Corp.
(OTC Bulletin Board: CDED), a leading Wi-Fi PDA technology provider to the
lodging and satellite media industries and the developer of patent-pending
Wi-Fi technologies for e-health and EMR applications, reported today that it
has expanded the capabilities of its ResidenceWare Wi-Fi lodging e-business
networks to include an automated hotel reservations module and portal
capabilities for direct e-business access with national hotel franchise and
chain vendors.
Robert Cox, Chairman of CareDecision Corp. said, "As a part of our final
stage negotiations for the agreements with a lodging e-business partner, we
have completed the addition of a major feature upgrade to our ResidenceWare
systems that will allow a hotel guest to make or change hotel reservations at
will, providing CareDecision with the expectation of nearly double the
anticipated $37.00 per month, per room e-transaction stream previously
forecast."
Mr. Cox continued, "In another outgrowth of our recent successes in the
lodging market, CareDecision has been contacted by several nationwide food
service and restaurant companies. We are in the process of negotiating
nationwide advertising and e-business arrangements that we hope to be able to
discuss in more detail in the coming days. It is clear that the potential of
ResidenceWare has sparked an interest at almost every level of the lodging
chain."
CareDecision's popular ResidenceWare networks help create unique
e-business networks. Hotel guests can choose from a broad menu of
information, local services, travel, business conveniences, food deliveries
and now electronic reservations via proprietary Wi-Fi powered PDAs. The
ResidenceWare PDAs are physically affixed within the guest rooms at
participating hotels. Each network is expected to yield a monthly volume of
electronic transactions from local merchants. With the addition of the
reservation e-business features freshly added, and with the additions of local
advertising revenue bases and Wi-Fi Internet connections, the company expects
to double its net revenue per hotel room.
About CareDecision Corp.
CareDecision Corp is a leading provider of Internet-enhanced PDA-like
devices applicable to the healthcare, residential and satellite information
industries. Its proprietary MD@Hand, SateLink and ResidenceWare technologies
manage critical data, enhance productivity and facilitate ease of
communication with applications in the healthcare, apartment, hotel/motel and
satellite entertainment industries.
For more information, contact: Gary Geraci, Investor Relations for
CareDecision Corp., 781-444-6100 x629 or garyg@otcfn.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of
1995
This release contains forward-looking statements about our business or
financial condition that reflect our assumptions and beliefs based on
information currently available. We can give no assurance that the
expectations indicated by such forward-looking statements will be realized.
There may be other risks and circumstances that we are unable to predict. When
used in this release, words such as "believes," "expects," "intends," "plans,"
"anticipates," "estimates" and similar expressions are intended to identify
forward-looking statements, although there may be certain statements not
accompanied by such expressions. All forward-looking statements are intended
to be covered by the safe harbor created by Section 21E of the Securities
Exchange Act of 1934.
SOURCE CareDecision Corp.
-0- 03/16/2004
/CONTACT: investor relations, Gary Geraci of CareDecision Corp.,
+1-781-444-6100, ext. 629, garyg@otcfn.com/
(CDED)
CO: CareDecision Corp.
ST: California
IN: CPR CSE NET HEA TLS TRA LEI OTC
SU: PDT
*** end of story ***
:) nice Mack!!dfrc .0135 proving you have a brains after all!!!!!!!!!ha haaaaaa congrats! bill
http://www.investorshub.com/boards/read_msg.asp?message_id=2546288
Awesome call on kese PB!!THANKS AAAgain :)wb
ART is that a joke or for real ??my god at least martha doesnt teach our kids to tear off thier tops to get attention unbelievable ,....yikes now im afraid to have kids if these are the role models they have to look forward too!!!?????????????
pretty nice on that nibble there Bob !! :)
AYE !! ;)
pdc HEY!!! nice to see ya kickin round these parts!! :)
actually a pretty good day textbook i suppose nice!!!shooting for 50% retracement then buy back for next leg up should work out perfect for launch 15th yeah baby!!! excellent observations guys!!!!!!!!!!
CDED CareDecision Corp. to Be Featured on CNBC TV ``Let's Talk Stoc
'' Show April Show Will Feature CDED Wi-Fi Technologi
B: CareDecision Corp. to Be Featured on CNBC TV ``Let's Talk Stock'' Show April
how Will Feature CDED Wi-Fi Technologies and Its Hotel ResidenceWare and Satelli
e/Media Satelink Products
NEW YORK, Mar 10, 2004 (BUSINESS WIRE) -- CareDecision Corp. (OTCBB:CDED), a
leading Wi-Fi PDA technology provider to the lodging and satellite media
industries and the developer of patent-pending technologies for e-health and EMR
applications, announced today that the Company will be featured on an episode of
the highly popular financial TV show "Let's Talk Stock." This show will air on
CNBC TV in April.
"Let's Talk Stock: ("LTS") is the 30-minute financial TV show, shown weekly on
CNBC TV. LTS offers public companies an innovative and effective way to reach
the investing public. LTS provides national exposure to undervalued and
lesser-known public companies. Now in its fourth year, LTS offers companies a
new venue for wider and more powerful exposure of their products, services,
unique features and benefits, growth potential, management team and plans for
the future.
Robert Cox, Chairman of CareDecision Corp., commented, "It is both an honor and
a tribute to all of our hard work that we have been chosen as a 'Let's Talk
Stock' profile company, because only a small percentage of OTC Bulletin Board
corporations are selected. Filming of CareDecision's upcoming feature began here
in New York last Monday. Additional filming is scheduled at our California
office and perhaps at a location chosen by our satellite media partner. Our
feature will run for approximately 10 minutes."
Mr. Cox continued, "The focus of the LTS profile on CareDecision will be
directed toward our proprietary Wi-Fi technologies. Specific emphasis will be
placed on our pending patents. Our ResidenceWare product has been very well
received in the hotel market, and a Fortune 100 company is closely associated
with our SateLink product, but we believe we have only scratched the surface of
our potential markets."
Mr. Cox concluded, "We invite all shareholders and interested parties to join us
in viewing this important TV debut of CareDecision. Shortly, we will announce
the exact date and time of the LTS broadcast on CNBC TV. We will make available
tapes and DVD copies of the feature and transcripts of the interviews."
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements about our business or financial
condition that reflect our assumptions and beliefs based on information
currently available. We can give no assurance that the expectations indicated by
such forward-looking statements will be realized. There may be other risks and
circumstances that we are unable to predict. When used in this release, words
such as "believes," "expects," "intends," "plans," "anticipates," "estimates"
and similar expressions are intended to identify forward-looking statements,
although there may be certain statements not accompanied by such expressions.
All forward-looking statements are intended to be covered by the safe harbor
created by Section 21E of the Securities Exchange Act of 1934.
SOURCE: CareDecision Corp.
CONTACT: CareDecision Corporation
Robert Cox, 631-544-0181
www.caredecision.net
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
-0-
KEYWORD: NEW YORK
INDUSTRY KEYWORD: MEDICAL
TRAVEL
TELECOMMUNICATIONS
*** end of story ***
WFRI: Approves 2-for-1 Stock Split [delayed] ( EventX/Knobias.
om )
B: WFRI: Approves 2-for-1 Stock Split [delayed] ( EventX/Knobias.com )
Ridgeland, MS, MAR 10, 2004 (EventX/Knobias.com via COMTEX) -- Wireless
Frontier Internet (WFRI) announced that its Board of Directors has approved a
two-for-one common stock split. The stock split will be implemented in the form
of a stock dividend of one share of Wireless Frontier Internet Common Stock for
each share of common stock outstanding to stockholders of record on March 20,
2004. The stock dividend is payable on March 31, 2004. Following the effective
date of the split, Wireless Frontier Internet will have approximately 55 million
shares outstanding.
GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been
delayed by at least 10 minutes. To get all Knobias alerts in real-time daily,
visit http://www.knobias.com/cmtx
ABOUT KNOBIAS: Knobias is a premier financial information provider of trading
and investing data covering all U.S. equities for investors and security
professionals. Knobias is best described by its three major components:
Real-time desktop applications providing quotes, charts, level 2, analysis etc.;
Knobias RAiDAR providing thousands of real-time news stories, alerts and
documents daily; Knobias fundamentals providing a comprehensive database of
fundamental research information.
CONTACT: Knobias.com, LLC
601-978-3399
601-978-3675
info@knobias.com
www.knobias.com/cmtx
Copyright 2004 Knobias.com, LLC, All rights reserved.
-0-
SUBJECT CODE: Stock Dividend
Dilution Issue
Shareholder Issues
Stock Split
Important Co. News
PREMARKET
KNO-Zone
*** end of story ***
rocket lol no offense i just had to ask knowin speedy posted the message and the numbers posted were ten times current price :) ps i was wearin diapers when i started followin you guys on si and 4 ys later still appreciate your insights thanks rr !! bill
rocket sounds like 1 for ten rs any thoughts??
guessing news isnt "DD" and hes probly pumpin motd to get back to his buy in @.45 two weeks ago JUST MY HUMBLE OPINION BWTFDIK
IACH Information Architects Announces Acquisition of IMES - Interna
ional Monetary Exchange Systems Corporation
B: Information Architects Announces Acquisition of IMES - International Monetary
Exchange Systems Corporation
FORT LAUDERDALE, Fla., Mar 9, 2004 (BUSINESS WIRE) -- Information Architects
Corporation (OTC BB:IACH), the premier provider of web-based employee screening
systems, announces the acquisition of IMES - International Monetary Exchange
Systems Corporation.
Continuing on its strategy of acquisitions that are complimentary to its
services, Information Architects today entered into an Acquisition Agreement
with IMES - International Monetary Exchange Systems, a company specializing in
Pre-Paid Debit and Credit Cards primarily focused on the payroll card business
and retail card programs. The IMES stored value products enhance the Perceptre
product as with Perceptre we offer the HR department the tools to hire an
employee and with IMES we offer the tools to pay an employee. IMES is primarily
focused in marketing its own card programs directly to consumers and businesses.
Working hand-in-hand with iCABS, which works directly with the issuing banks and
processors, IMES strategy is to develop stored value card programs both here in
the US and abroad.
IMES has also developed its own backed end customer service and cardholder
services module both on-line and off. The IMES system integrates seamlessly with
the processor to provide a complete set of backend fulfillment, operations,
cardholder services, distributor services, treasury and settlement process
reconciliation and overall portfolio management systems to manage its card base.
The products IMES offers handle the complete integration for stored value
programs, from card ordering and transaction processing, to front-end website
design and customer service.
The IMES solution comprises a suite of proprietary platforms that easily
connects clients (and their customers) to the ordinarily complex world of
banking, card processing, and SVC issuance. Minimizing development costs, IMES
products are built on an existing infrastructure, which is provided by
MasterCard(R) and Visa(R) and has been in use worldwide for decades.
The potential market size for stored value products is enormous. For example,
the under-banked market alone is well over 30 million strong, and teens (who
spend over $140 billion annually) number over 31 million. Stored Value is
considered the largest untapped market for consumer payment vehicles. Total
stored value and debit card volume (transaction amount) in 1998 was $182.5
billion. This number in 2003 was $1.3 Trillion according to MasterCard.
The business of Information Architects, through its product PERCEPTRE, is the
licensing to its governmental, business to business, business to consumer and
commercial sector customers of its on-line, pre-employment screening, background
investigation software ordering system. The software consists of the most
well-respected user interface extant in the space for both ease of use, breadth
of information availability as well as speed and flexibility. In short,
Perceptre software has the fastest, least cost and best on-line ordering system
on the market for use by employers, or any other inquiring entities. Perceptre
software will review the records of anyone of interest in many personnel arenas
such as criminal records, civil court records, motor vehicle records, and, of
course, credit bureau records, to name just a few.
Forward-looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, continued acceptance of the
Company's products, increased levels of competition for the Company, new
products and technological changes. The Company's dependence on third-party
suppliers, and other risks detailed from time to time in the Company's periodic
reports filed with the Securities and Exchange Commission.
SOURCE: Information Architects Corporation
CONTACT: Greentech USA
Roland Breton, 954-545-8181
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
-0-
KEYWORD: FLORIDA
INDUSTRY KEYWORD: HUMAN
RESOURCES
BANKING
SOFTWARE
E-COMMERCE
INTERNET
MERGERS/ACQ
*** end of story ***
ADVK ItsFun.com Chooses MP3 Format for Downloading Music Firm Aquir
s the Sevices of Marketing Guru Warren Guth ( MARKET
B: ItsFun.com Chooses MP3 Format for Downloading Music Firm Aquires the Sevices
f Marketing Guru Warren Guth ( MARKET WIRE )
PHOENIX, AZ, Mar. 09, 2004 (MARKET WIRE via COMTEX) -- ItsFun.com, Inc., a
subsidiary of Advanced Solutions and Technologies, Inc. (OTC: ADVK), has
selected the popular MP3 platform through which the consumer can download music
purchased on the new web site. Officials of the company said they chose MP3
because of the ease of use by both the artist or label and the end user. MP3
also has a proven record of reliability and good results. A spokesman said they
are leaving options open for perhaps using other formats in the future.
Artists and labels using ItsFun.com to promote and sell music will receive 95%
of the gross proceeds from each sale, less hard costs involved. Hard costs could
include MP3 licensing fees and credit card fees. ItsFun.com will retain only 5%
from each sale, which will go to site maintenance and improvement, as well as
staffing.
To further assist fledgling artists and labels in promoting and selling their
offerings, ItsFun.com has brought veteran marketing executive Warren Guth on
board. Guth served with Dun & Bradstreet for some 25 years. He was a Senior
Account Executive with that prestigious firm. Mr. Guth was also President of
Xanada-One, publisher of a sales training book entitled "Sales Reality Equals
Freedom." He will focus his efforts on developing real-world marketing tools for
artists and independent labels. Mr. Guth has considerable experience in this
area, having headed three record labels himself in the late '90s. "It's about
the reality of our marketplace," said Leslieann Norem, spokesperson of the
company.
ItsFun.com is a new and exciting online digital music distribution service
offering the artists, bands, songwriters, producers, publishers and independent
labels the necessary tools and pricing to control their own destiny. ItsFun.com
pays the highest return offered today in any distribution models including the
Apple i-store, CD Baby, The Orchard or Amazon. Higher than any of the major
independent distributors, hands down!
As an introductory offer, the company is offering to waive the normal
registration fee for the first 2,500 who register. Those fortunate enough to get
in under the wire will save the usual fee of $29.95. The website for ItsFun.com
is expected to be up and running full tilt on March 15, 2004.
Forward-looking Statements in this release are made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that such forward-looking statements involve risks and
uncertainties, including, without limitation, continued acceptance of the
company's products, increased levels of competition for the company, new
products and technological changes, the company's dependence upon third-party
suppliers, intellectual property rights, and other risks.
ItsFun.com Contact:
J.R. Williams
480-776-0307
Email: Info@ItsFun.com
Website: www.ItsFun.com
Advanced Solutions and Technologies, Inc.
Contact:
Dick Winkel
919-753-7605
SOURCE: ItsFun.com, Inc.
Copyright 2004 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Media and Entertainment:Music and Radio
*** end of story ***
eagle didnt figure mms have lifepaths just the cliffs they must scratch at to escape the depths of hell :) wb
Norms verynice addition to the ibox thanks
updated the ibox with preview of the companies new home website ! i clicked the nutrifeed link and got redirected to it apparently they're still workin on it but looks ggod sofar also i right clicked the page to view source and in the code it appears they will be inserting a few flash presentations
perfect timing on that buy bob advk .12x.14 nice!congrats
smnc/p Superwipe Nail Polish Remover to Appear in 125 ULTA Retail Stores
Nationwide
Superwipe Nail Polish Remover to Appear in 125 ULTA Retail Stores
Nationwide
CLEARWATER, FL -- (MARKET WIRE) -- 03/08/04 -- Summit National
Consolidation Group, Inc. (OTC: SMNC) announces the private label
version of Superwipes, under the Barielle banner, will begin
appearing in ULTA, Inc. retail stores across the country the week of
March 21st.
"It's incredibly satisfying each time Superwipe is picked up by a
national chain of retail stores," said Mario Quenneville, President
and CEO of SMNC. "Superwipe nail polish remover wipes will be stocked
in all of their stores, approximately 125 nationwide, as part of
their planogram. This affords consistent shelf space and product
placement for our merchandise, which translates to sales."
ULTA Inc., and its cyber sister ULTA.com, is a successful nationwide
chain of approximately 125 beauty specialty stores and salons with
fourteen years of retailing expertise. ULTA is the ultimate
one-stop-shop for everything beauty, offering the most comprehensive
selection of beauty brands online. Please visit www.ulta.com.
Barielle's unique approach for treating, protecting and maintaining
nails and skin has made it the leading prestige Nail, Hand, and Foot
care line sold in the United States. Please visit www.barielle.com.
SMNC conceives, designs and formulates unique cosmetic and
all-purpose products from organic materials with a variety of
applications including fingernail polish remover, make up remover,
sneaker cleaner wipes, instant shoe shine wipes, acne treatment
wipes, eye glass, cleaner and defogger, car interior leather cleaning
pads, vitamin E applicators, etc. Superwipe products are sold in
leading food, drug, convenience and beauty supply stores throughout
North America and Europe. More Superwipe products are in various
stages of development, and should be released throughout 2004.
Please visit www.superwipe.com and the new site for health and beauty
professionals at www.healthy-nails.com.
This release contains forward-looking information within the meaning
of The Private Securities Litigation Act of 1995. Forward-looking
statements may be identified through the use of words such as
"expects," "will," "anticipates," "estimates," "believes," or
statements indicating certain actions "may," "could," "should" or
"might" occur. Such forward-looking statements involve certain risks
and uncertainties. The actual results may differ materially from such
forward-looking statements. The company does not undertake to
publicly update or revise its forward-looking statements even if
experience or future changes make it clear that any projected results
(expressed or implied) will not be realized.
YES INTERNATIONAL
Rich Kaiser
(800) 631-8127
www.yesinternational.com
yes@yesinternational.com
*** end of story ***
hahaa ...hmmmmmmyes??? :)
damn date nite has gotta be a killer for those three..er that one..er thefrog..er frogs ahhhhh whatevever ..ah crap nevermind i confused myself already :)!!
nicely put gramps wouldnt want all this good info to get lost in the shuffle ;) would like to add everyone new and experienced makes mistakes ... its what you do tomorrow that counts this link shows that even the best of the best screw up too and regroup and keep pluggin http://www.investorshub.com/boards/board.asp?board_id=2321 thats about it for me so keep pluggin learn all u can and GL bill
nice PB thanx !!!WB
only have 1 more thing to add: listen to gramps,harbs & lance SSP and toshac the most knowledgable dont just follow learn thier style then pick one that suits your comfort zone;5 different styles and they are all comfortable the way they make money!! yet perhaps not the most followed boards!!! those who can say the least and produce the most are the true professionals and best teachers :)WB
believe me i have a very "secure" interest in advk which is why i dont want this board to turn in to an RB clustr f@#k
thanx norm appreciate it just tryin to keep it fair for new and veterans alltogether personnally i think this stocks performance is enough to speak for itself!!! its an up and comer' not to mention the 35000 members here at ihub bein a pretty grand audience in their own right thanx again bill
one other thing TAKE PROFITS ...sell 1/2 at double or smaller percentage we've all held stocks too long waiting for that...holy grail ..held it until its panic to get out learn good solid money management and youll all ways have your principle to work with ride free shares whenever possible good luck to all !!Bill
I agree with hack !!also his EXcellent taste in coffee :) but seriously i would add EXPLICITLY DO NOT CHASE thats when you end up buying the top and becoming stuckholder learn to control emotions to sit back and watch how mms work !! personally.. i dont buy monday morning news gappers
also by watching mms you can learn when a stock has topped or bottomed just by the way they trade between b&a and shuffle round L2.... BIG advantage imho