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OMNI up 29% on news
HOM news
VANCOUVER, BRITISH COLUMBIA, Sep 26, 2005 (CCNMatthews via COMTEX) --
Cornerstone Industries International Inc. (the "Company") (TSX VENTURE:CIA) is pleased to announce that its wholly owned operating subsidiary, Cornerstone Granite and Marble Wholesale Inc. ("CGMW"), has increased its orders and backlog by more than 30% due to the strong demand for building materials resulting from the recent hurricanes Katrina and Rita, in Florida and New Orleans.
"Our exclusive supply agreement with Home Solutions of America Inc. (AMEX:HOM) has given us an opportunity to be one of the first companies to supply building materials for the rebuilding and clean up efforts currently underway in New Orleans and Florida by Home Solutions of America," stated Anthony Leeber Jr., President. "With no end in sight of when the need for building materials for the hurricane damaged area will slow down, we are in the process of dramatically increasing our inventory to handle the increased demand."
Home Solutions of America currently has over 100 crews working in the rebuilding and clean up efforts and is in the process of sending as many crews as possible to the damaged areas as they become available. "We feel our company, Home Solutions of America, will have a substantially increased need for materials for the next 2-3 years due to the extensive damage from the recent hurricanes," stated Frank Fradella, Chairman and CEO. "Our exclusive supply agreement with CGMW gives us the ability to have access to large quantities of world class building materials immediately which gives us the ability to be one of the only companies in the forefront of the rebuilding effort."
"While the Company's facilities were not affected by the recent storms in the South Eastern United States, we are saddened by the devastation these hurricanes have caused in our home areas and the surrounding areas. The Company will continue to do everything in its ability to assist in a quick and complete rebuilding of our neighboring communities," stated Mr. Leeber Jr.
CGMW is a Florida corporation which imports and supplies, on a wholesale basis, raw granite and marble slabs, sinks, tiles, hardware and fabrication supplies. Cornerstone offers competitive pricing to U.S. based retailers on raw slabs and stone fabrication tools and supplies.
Home Solutions of America is a niche provider of specialty residential services including Restoration and Specialty Interior Services. The Company has operations in the California, Texas, Florida, Alabama, Georgia and South Carolina markets through its four subsidiaries, Cornerstone Building and Remodeling, Southern Exposure, P.W. Stephens and Fiber Seal Systems. Cornerstone is a leading supplier and installer of granite materials for kitchens and baths to national home centers, as well as national builders and remodeling companies, in the southeastern United States. Southern Exposure and related companies is a provider of cabinet and countertop installation services in the Florida marketplace. P.W. Stephens provides mold and asbestos remediation services, and fire and water restoration services in California and Florida, and Fiber Seal Systems is a national franchise of cleaning and fabric protection businesses.
The head office of CGMW is located at 5642 Enterprise Parkway, Fort Myers, FL 33905. Its public company and investor relations office is located at Suite 1304 - 925 West Georgia Street, Vancouver, B.C., Canada V6C 3L2.
ZENX Took a little.
OMNI
Press Release Source: OMNI Energy Services Corp.
OMNI to Assist in Cleaning New Orleans Arena and New Orleans Superdome
Monday September 26, 11:00 am ET
Work Expected to Extend to Other Buildings and Expanded to Include Other Services; OMNI's Specialized Marine Equipment Contracted to Recover Bodies
CARENCRO, La., Sept. 26 /PRNewswire-FirstCall/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI - News) announced today that its environmental unit, Trussco, Inc., has been engaged to assist in the cleaning of the New Orleans Arena and the New Orleans Superdome under contracts issued by the Federal Emergency Management Agency (FEMA) to a third party prime contractor. Work on the New Orleans Arena will commence immediately to be followed with work on the New Orleans Superdome. Additionally, the Company also announced that its seismic drilling division has been working under contract to furnish specialized transition zone marine equipment and personnel to assist authorities in the retrieval of deceased persons in the Orleans Parish area.
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Commenting on these new contracts, James C. Eckert, Chief Executive Officer, said, "Trussco is a recognized leading provider of environmental cleaning services to the oil and gas industry. This is now an outstanding opportunity for us to use the same talents and expertise to assist in the restoration and recovery of the Greater New Orleans Area. Additionally, our marine equipment is ideally suited to work in these difficult yet environmentally sensitive areas. The amount of services OMNI ultimately provides in the recovery efforts is unknown at this time, but we believe the amount of services we will ultimately furnish will probably be expanded and eventually extended to other parts of the storm ravaged areas of New Orleans."
OMNI received FEMA contract to assist cleaning of New Orleans
OMNI surging
BABY Great Projected earnings of .31 this year for a estimated 520%
Press Release Source: GlobeTel Communications Corp.
GlobeTel Communications Projects Record Revenue For 2005 Third Quarter
Friday September 23, 1:30 pm ET
Company Provides Update on Current Business Activities and Recent Developments
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 23, 2005--GlobeTel Communications Corp. (AMEX:GTE - News) today announced it expects to achieve record revenue of approximately $22 million for the third quarter ending September 30, 2005, an expected 193% increase from the third quarter last year.
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Timothy Huff, GlobeTel Chief Executive Officer, said, "Our anticipated record revenue for the 2005 third quarter reflects the significant progress management has made in the execution of our strategic business plan. We currently have record cash on hand, our top line is growing along with our margins, we are hiring key personnel around the globe as our five business units continue to expand, and we have had a prominent international figure recently sign on as our new Chairman of the Board. In addition, our technology in our SIP-based products, Magic Money, GlobeTel Wireless and Sanswire, continues to improve and stay ahead of the 'tech' curve, effectively strengthening our commercial prospects with various government and commercial entities.
"For the fiscal 2005 fourth quarter, we anticipate gross margins in the range of 3%-5%. The relocation of our new telecommunications facility in Los Angeles, completed in August, will significantly improve gross margins as we now handle carrier traffic through our own network as opposed to using a third party."
Mr. Huff concluded, "I would like to state clearly to our 35,000-plus shareholders that GlobeTel has never been in a better position to realize substantial long-term growth than it is right now. Many shareholders have asked why then has GlobeTel's recent stock performance been so inconsistent with the company's positive growth trends. While it is difficult to attribute stock movement to any one factor, the fact remains GlobeTel's short position has climbed to approximately 3.4 million shares. We believe we are the target of certain market makers that use our stock as a short-term instrument for profit at the expense of our long-term investors who believe in our company's vision. We are confident the activities of our company will enhance shareholder value, leading to less volatility and greater market appreciation. GlobeTel's fundamentals remain sound as the company continues to perform. We firmly believe our future is bright and look forward to reporting third quarter results toward the end of next month and providing future updates on our Stratellite program, as well as other corporate developments, as they become available."
Market Pulse: FDA grants Cytrx fast-track status for Arimoclomol
Monday September 26, 9:07 am ET
By Leslie Wines
NEW YORK (MarketWatch) - CytRx Corp. Monday said the U.S. Food and Drug Administration granted "fast track" status to the company's drug candidate Arimoclomol. The drug is a proposed treatment for Lou Gehrig's disease. On Friday the company's stock rose almost 1.2% to 88 cents.
Press Release Source: Global ePoint, Inc.
Global ePoint's AirWorks Division Named by FAA as One of Three Certificate Holders Currently Supplying Video Surveillance Systems for Airplanes
Monday September 26, 8:45 am ET
Company Seeks to Build on Dominant Position in German Market Through FAA's Proposed Security Regulations
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Sept. 26, 2005-- Global ePoint, Inc. (Nasdaq: GEPT - News), a leading manufacturer of security technologies for the aviation, law enforcement, industrial and commercial markets, announced today that its AirWorks Division is one of only three certificate holders identified in the Federal Aviation Administration's (FAA) 14 CFR Part 121 for the "Flightdeck Door Monitoring and Crew Discreet Alerting Systems; Proposed Rule" which was published in the Federal Register, as providing video surveillance systems for airplanes.
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The proposal requires the installation of security cameras on board commercial airlines. Members of both the Pilots Union and Flight Attendant union have also been quoted as supporting the use of cameras on board aircraft to monitor passenger activity. Currently, AirWorks has an 88% share of the German market, where such legislation already exists. Its Cockpit Door Surveillance System (CDSS) is installed on over 800 aircraft flying worldwide on major international airlines and domestic carriers. AirWorks also holds Supplemental Type Certificates for each Airbus and Boeing Model aircraft flying within the United States from the Federal Aviation Administration.
The FAA's proposed rule "will require passenger-carrying part 121 operators to retrofit their aircraft with a means to monitor the area on the cabin side of the flightdeck door and adopt measures to comply with the flightcrew notification requirement." The FAA document names AirWorks as one of only three vendors currently supplying these systems for airplanes.
"We believe we are ideally positioned to benefit from these proposed regulations," said Ricky Frick, President of Global ePoint's AirWorks Division. "We have installed more video surveillance systems than any other vendor, and our ability to install these systems without taking the aircraft out of service for a significant amount of time provides an additional benefit for the carrier. We have been positioning the Company to benefit from this legislation for several years, and feel that we are well positioned to meet the needs of the airlines in this area."
The AirWorks System provides up to 16 cameras within the cabin and cargo area of the aircraft. One camera is mounted just outside of the cockpit door, with two cameras in the forward galley and passenger loading area directly outside of the cockpit. Cockpit components are 2 LCD screens one located on each pilots position within the cockpit.
FUEL, OMNI, IPII, PQUE BLDP down this AM
GAPPERS this AM
BSM 5.50 21%
NASI 3.45 15
KRY 1.94 14
SNG 2.47 10 with news
SYNC 4.88 5
SWIR 11.49 3
VRSO .44 3
PESI 2.24 2
GNTA 1.64 2
lentinman post from Value Microcaps
ENVIRONMENTAL PLAYS:
PDGE & HOM are mold plays, but I don't know if HOM has that much of a mold play nowadays. Obviously, that is a huge part of PDGE. They have been discussed here before, so I won't comment except to say I own PDGE in my account and both PDGE and HOM in my daughter's account.
VSR: $4.71. (Va) Also does mold restoration and construction in contaminated sites. Has been discussed on this board af few times. Latest convert is Yielddude, I think. I can't buy because it is a 28PE and near multi-year highs. Perhaps if it dropped to $4.05, I might consider it. Only 5.3M shares float and excellent balance sheet.
BEL: $2.94. (Canada) Remediation of contaminate soil. Poor management. Stock has crashed from $22 to $3, but has stabilized the past 5 months or so. Buyable for me based on chart, but I wouldn't trust them with a 10' pole. Losing money, but may be turning the corner. Proof is in the pudding.
PESI: $2.19. (Fl) Radioactive and hazardous waste handling. Off the high of $3.00 recently. Buyable by me at at little over $2. Ok balance sheet, kind of high 42M shares outstanding. I used to own it for about 2 years. Went nowhere and then sold.
ECOL: $18.89. (Id) Has branches in Nevada, Texas and Washington. Radioactive and hazardous waste handling. Not buyable by me because it is at all-time highs (+800% in two years) and PE is 35. Excellent balance sheet.
DRTK: $17.85. (Md) Radioactive and hazardous waste handling. Just announced flat revenues for 2005. Stock has taken hit from $28 early this year. I have owned it before and made money. Got out way too early trying to buy cheaper. Won't make that mistake next time. I will consider buying it on any further drop. Once I buy it, I will keep it a long time. PE 13. Expected 19% growth in 2006. So, so financials.
SGR: $24.54 (Baton Rouge, La) Construction and environmental infrastructure services. Not buyable by me as it is at 52 week highs, the forward PE is 21 and it has gone up 50% since Katrina. Balance sheet is ok. Relatively high 79M shares outstanding. 3% insiders.
CLHB: $32.46 (Ma) Non Nuclear waste and environmental services. Not buyable by me as it is +800% in 2 years. Poor balance sheet. 23% short position bodes good or bad depending on whether there is a squeeze. However, 23% short usually means something is wrong - such as the debt. PE is 21.
WTEK.ob: $.51. (Fl) Makes balers for waste material handling. Excellent balance sheet. 12 PE. Chart is fantastic. 2.3M float. I own it.
WEGI.ob: $.45. (Fl) Emergency response remediation, disaster restoration, environmental. Not buyable by me as it is +400% since Katrina. 21PE. It WAS a great buy one month ago! However, it also has a poor balance sheet and 78M shares outstanding, so I would be very nervous about it today unless they get business from Louisiana.
CXIA.ob: $.18. (NY) Remediation of contaminated soils and hazardous liquids including radioactive contaminants. Buyable now based only on the chart. Losing money right and left. Horrible balance sheet.
Len
Heading out to a golf game. Fun will be tempered with thoughts of those in the Rita path. Good luck to all.
HOM Thanks Manny. Just entered
KRY up 9%
ZENX has come back nicely.
ENY is looking good. Was .04 from my stop early today. Now very close to blue sky.
SYNX volume nice for the last 4 days. Chart to my unsophisticated looks promising.
SYNX Earnings of .02 in the last 4 qtrs. .01 latest qtr. Revs 7% 6% -9% -15%. PE of 78 float 3.27 mil.
Massive insider selling on Sept 4. Options related? No new news found.
GLIF maybe 1000% in one day coming. Hope you have a boatload.
GLIF Gary, are you available to manage my account? :)
ENY nice bounce
ZENX opening weak. lol
ZENX opening strong. Does anyone know have any estimate of what a 60 mil contract will to to their bottom line?
GAPPERS LIST
OMNI 16%
PBIO 15
CPLF 5
SNG 5
IMMU 5
KRY 4
TGLO 4
HDSN 4
WSCI 3
PLUG 3
DECT 2
CNTF 2
CBJ 1
SYNC 1
IPII 1
HEC 219 mil shares
BOOM 38.36 up 8% on 2 for 1 news. current float 2.5 mil. Earnings projected to be up 83% this year. PE of 28. Rumors that shorts have had control for awhile.
BOOM 38.35 up 8% Announced a 2 for 1. Expected earnings up 83% this year. PE of 28
FLT thinking about adding. I think it has further to go but it may take a little time.
OMNI very strong. up 16% with almost 3x average vol already
EARLY AM GAPPERS
PBIO 13%
OMNI 11
CSPLF 5
SNG 5
HDSN 4
WSCI 3
DECT 2
CNTF 2
IMMU 2
SONS 2
FUELW closing strong
ENY closing strong
NTII gapper pick
FUELW sold the remainder
OMNI very strong, Vol 3.7 mil. 50 day average volume 235,000. At a 9 month high.
FLT Has bounced off the 10 day for the second time. There is also some support at this level from early March.
GV sold Not moving and want to increase cash.