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hope there is no more sell
I am in again at 0.007 hiiiihhaaaa
we need more buyerrrrr
i have a buy order at 0.008 aggaaiin hope this one will be filled
NMKT
November 27, 2006 09:31 AM US Eastern Timezone
NewMarket Technology, Inc. Issues Shareholder Update on 3rd Quarter Record Performance, an Upgraded Listing and 100% Revenue Growth Forecast in China
DALLAS--(BUSINESS WIRE)--
NewMarket Technology, Inc. (OTCBB:NMKT) today announced publishing three letters to shareholders. The three letters address specific key aspects of NewMarket’s overall operation and, tangentially, and recent share price performance. The letters are intended to address the apparent disconnect between the Company’s record financial performance for the third fiscal quarter and the first nine months of 2006 and the current share price near its lowest level in 52 weeks. NewMarket recently reported record revenue for the third quarter of $18.9 million with a net income of $1.3 million, before currency adjustments, doubling the overall net income year to date. The first letter is included in its entirety within this press release. The two letters to follow will address:
2. Exit from merger negotiations to merge with NASDAQ listed Action Products International and alternative plans for an upgraded listing
3. Detailed business plan for projected 100% revenue growth in China to $40 million in 2007 with profitability in 2008, if not sooner
Philip Verges, NewMarket CEO and Chairman, commented in regard to the three letters to be published today, “The Company has just delivered its best fiscal quarter ever and simultaneously executed on the first independent public listing of a consolidated subsidiary. Yet, disturbingly our share price is near its annual low. The purpose of today’s three letters is to address this disconnect between performance and share price. Press releases are often considered a venue for publishing events such as new contracts or management appointments. Not without some controversy, NewMarket has utilized press releases as a means to communicate an operational level of detail above and beyond the ordinary standard expected from small companies. We generally write to two different audiences: those that are current shareholders and those that might become shareholders. The three correspondences today are intended for current shareholders. The disconnect between NewMarket’s operational performance and current share price is a cause of frustration for current shareholders. The intent of today’s communications is to respond to that frustration and address shareholder concerns.”
Dear Fellow Shareholders,
NewMarket has just delivered its best ever quarterly financial performance and at the same time charted one of its lowest share prices in 52 weeks. The Company reported a record $18.9 million in revenue for the quarter with net income of $1.3 million, before currency adjustments, doubling the overall net income year to date. The purpose of the three shareholder letters released today is to convey the strength of NewMarket’s overall operation in contrast to the current share price. The three letters outline how the share price will finally align with the Company’s exceptional fundamental financial performance. My ultimate intent for these three correspondences is to ease frustration with the share price and perhaps, suggest that the current share price is an anomaly rather than cause for concern.
Small Business Investment Criteria
Size is not the only difference between New York Stock Exchange listed companies and OTCBB listed companies. Business goals, strategies, tactics and daily operations differ substantially between large and small companies. Accordingly, many market experts suggest that an investor’s consideration of a large business should likewise differ substantially from his consideration of a small business. Investors are drawn to small businesses because the return on investment (ROI) potential of a small business becoming a big business is greater than a big business remaining a big business. While investors ROI expectations differ between large and small businesses, there is unfortunately little available research material regarding the key considerations of investing in a small business. Without a market accepted set of small business investment standards, investors are left with the big business standards by which to measure small businesses. Understandably, small business investors are often left frustrated and confused.
NewMarket recognizes this source of frustration. We have recently completed a 12 city tour presenting a set of small business investment considerations specific to the technology market place. The presentation includes a detailed explanation of how the share price of a publicly listed small business can be volatile and out of line with the underlying fundamental financial performance of the company. We include investment strategies to optimize ROI and achieve the anticipated long-term results within the volatility of the market. In addition to reviewing NewMarket’s recent performance and future forecast, we will provide an overview of this small business investment seminar at our Annual Town Hall Meeting on December 7th in New Orleans.
Frustration with Share Price and Concern Regarding Management
With the share price near its lowest level in 52 weeks many shareholders own shares at a price above the current price. Regardless of the poor availability of small business investment criteria and any resulting frustration, that frustration has only one place to be directed – management. I appreciate more than ever the handful of communications from those of you voicing your support through thick and thin. I also understand and need to communicate to those of you voicing your concern.
The public market for both large and small companies has an unfortunately rich history of shareholder betrayal. That history includes management malfeasance, as well as, betrayal by other shareholder-investors. Kenneth Lay was legally tried for his exploits as a manager of Enron, while Martha Stewart was tried as an investor in ImClone Systems, and not as a manager of Martha Stewart Living (NYSE: href="http://finance.yahoo.com/q?s=mso">MSO). NewMarket has no celebrity investors. The only names generally associated with the Company are those of management. Any speculation in the light of the public market’s unfortunate history is, in turn, directed at management.
Management Accountability and Commitment
As the Chief Executive Officer and on behalf of all management at NewMarket, I am prepared to accept and be held accountable for shareholder concerns and frustrations. I urge you to come to the Town Hall meeting in New Orleans and meet me face to face. Ask the hard questions. Voice your concerns in a public venue. NewMarket may not have a celebrity investor to suspect in light of the public market’s unfortunate history, but that does not necessarily mean that there is not an anonymous investor to suspect.
NewMarket is not ignoring the anonymous allegations. We are taking action to include legal recourse. My first priority however is shareholder confidence, not retribution against anonymous allegations.
While the criteria for investing in large and small businesses vary substantially, one aspect is the same. Investors need to assess the capability, commitment and integrity of management. And this is an ongoing assessment. When operational and share price measurements are performing acceptably, it is easy to assume management capability, commitment and integrity is likewise acceptable. When events occur that upset performance measurements, only then is management capability, commitment and integrity tested.
Almost ten years ago I set out to build a new approach for bringing new technologies to market. In 1997, I could not envision a sustained venture capital market to fund ongoing technology innovation. Through my own professional experience with large technology companies, I also could not foresee the long-term viability of then current research and development practices for producing innovative technologies. I set out in 1997 to build a new investment model for funding new technologies and a new business model for facilitating the development of new technologies. My commitment has expanded to include not only creating a new investment model and new business model for technology innovation, but to include making NewMarket an example for other small businesses and small business investors participating in the micro cap public markets.
Please take the time to read the next two shareholder letters in this series of three. Come to New Orleans to meet me and the rest of the management team. Come and ask about the performance benchmarks that we are still behind on and what we are doing to deliver on those benchmark commitments. Come to test our capability, commitment and integrity in person and hear something about small business investment criteria you probably haven’t heard at past micro cap meetings.
I look forward to meeting those shareholders who can attend the meeting in New Orleans. In addition, I look forward to continuing to receive your feedback as we continue to build NewMarket into a company that offers its shareholders an above average return of investment.
Philip Verges
CEO and Chairman
NewMarket Technology, Inc
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), Hyperion Solutions (Nasdaq:HYSL), SAP (NYSE: href="http://finance.yahoo.com/q?s=sap">SAP), Siebel (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
the ask is at 0.095 time to get in???? time to add some shares?
will see
GM all
how is DKGR doing today?
people on this board that say "sljb may be halted", they are trying to scare you in order to sell and get cheap shares.
what you need to know:
-some people want sljb to go down and buy cheap shares.
-some people shorted this stock so they do not want to go up otherwise they must cover...
-last week sljb showed us it is still strong and I do beleive the stock will go up.
you should say
PMRX, CRY OR SELL
hehehehehee
Tackler what the hell are you doing
that news was issued in 2002. guess what we are in 2006.
are you a basher?? basher use old news ... hmmmmmm
hey Xuan, i understood your own PMRX, what other stock do you play?
well on friday I had a buy order but not filled. monday i will get some shares.
I have 500000 shares of this stock DKGR and i am already greennnnn
Xuan is back
anyone has number of shares shorted???
you got it...
make it smoke and it will go high and higheerrr
well my girlfriend may lick my neck...
let s drink all : water, milk and scotch
well well, i can imagine if PMRX drinks scotch on monday : it will go downnnnnnnnn
well i have some vodka upstairs
noooooooooooooooo
watteerrrrrrrrrrr and milk
so who will buy PMRX on monday?
if you want a PR.
I issue a PR just for you guys
now i understand why my order was not filled because of yoouuu (just kidding)
yes i saw that buy at 0.009 and at that time I was wondering who the hell entered that order.
well good for you the 0.009 but I beleive more people will sell next week if there is no PR.
so it a game...
have a nice week end
I reserve the right NOT to become a future stockholder. funnyyyyy
hehehehehehhe
i have a buy order at 0.008
the market closes at 1 PM EST
this baby went down on a sell of 40000 shares : I mean the bid went down
you will get your cheap shares, some1 just start selling at 0.009
do u think they will release AF... or never
DKGR IS MOOVING 1.8M traded this morning and 15% UP
GM Taki,
since i joined this board, I said "do not sell". some ppl use this board to scare other investors and get cheap shares...
remind me the first time
if you want to be "excited", go to DKGR board and try to excite yourself...
LOL
for you guys...
lots of people are talking about DKGR, put it on your radar.
tmw i will buy some shares. i think it s the right time to get in...
if you want to recover money your lost
take a look at PMRX
http://www.investorshub.com/boards/board.asp?board_id=7288
GM everybody
did you see this trailer
http://www.metacafe.com/watch/267951/300_teaser_trailer/
can t wait
Asus,
I know my question is stupid but have to ask it...
did you feel the AF will look good when he talked to you?
thx
do not forget on friday, the market closes at 1 PM