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TRBD looks like they've caught up on thier filings as they promised in this news- http://www.investorshub.com/boards/read_msg.asp?message_id=11491198&txt2find=trbd+
This from the 10q
OVERVIEW
We are an engineering Company and have been engaged, for over ten years, in the
design and development of forced-air induction (air-charging) technologies that
improve the performance of gas and diesel internal combustion engines. Optimum
performance of an internal combustion engine requires a proper ratio of fuel to
air. Power available from the engine is reduced when a portion of the fuel is
not used. In a wide range of gas and diesel engines additional air is needed to
achieve an optimal result. The traditional engineered solutions for this problem
are to use belts or exhaust gas (superchargers or turbochargers) to supply
additional air to an engine. Turbodyne, instead, uses electric motors to supply
additional air. Because an electric motor can be engaged more quickly, compared
to the mechanical delays inherent in a belt or exhaust gas device, Turbodyne's
products reduce this `turbolag' and otherwise adds to the effectiveness of gas
and diesel engines used in automotive, heavy vehicle, marine, and other internal
combustion installations.
CHANGE OF CONTROL AND NEW EFFORTS
On September 9, 2005 a majority owned subsidiary of Aspatuck Holdings Ltd.
("Aspatuck") was merged into our newly formed wholly owned subsidiary pursuant
to an AGREEMENT AND PLAN OF MERGER (the "Agreement"). Prior to the merger, this
subsidiary of Aspatuck this subsidiary of Aspatuck entered into a consulting
agreement ("CONSULTING AGREEMENT") with Stamford Research LLC, which is
obligated to provide the services of Albert Case to the Company. Upon completion
of the merger, 139,192,222 shares of the Company's Common Stock were issuable to
holders of the subsidiary of Aspatuck and 1,300,000 such shares became issuable
to Stamford Research LLC, under the Consulting Agreement. At this time Mr.
Albert Case became President and Chief Executive Officer and Mr. Jason Meyers,
principal shareholder of Aspatuck, became Chairman of the Board of Directors.
Additional shares are issuable to the former shareholders of the Aspatuck
subsidiary when the Company issues any securities related directly or indirectly
to pre-merger events.
The new management has obtained some additional financing and has resumed
limited business activity including:
o Updating our financial statements and required SEC filings
o Assessment of our technology including patents and other rights
o Limited development of our Turbopac(TM) product line
o Review and negotiate to settle outstanding litigation and liabilities.
o Formulating business and marketing plans
There is no assurance we will be able to obtain sufficient financing to
implement full scale operations.
TRBD looks like they've caught up on thier filings as they promised in this news- http://www.investorshub.com/boards/read_msg.asp?message_id=11491198&txt2find=trbd+
This from the 10q
OVERVIEW
We are an engineering Company and have been engaged, for over ten years, in the
design and development of forced-air induction (air-charging) technologies that
improve the performance of gas and diesel internal combustion engines. Optimum
performance of an internal combustion engine requires a proper ratio of fuel to
air. Power available from the engine is reduced when a portion of the fuel is
not used. In a wide range of gas and diesel engines additional air is needed to
achieve an optimal result. The traditional engineered solutions for this problem
are to use belts or exhaust gas (superchargers or turbochargers) to supply
additional air to an engine. Turbodyne, instead, uses electric motors to supply
additional air. Because an electric motor can be engaged more quickly, compared
to the mechanical delays inherent in a belt or exhaust gas device, Turbodyne's
products reduce this `turbolag' and otherwise adds to the effectiveness of gas
and diesel engines used in automotive, heavy vehicle, marine, and other internal
combustion installations.
CHANGE OF CONTROL AND NEW EFFORTS
On September 9, 2005 a majority owned subsidiary of Aspatuck Holdings Ltd.
("Aspatuck") was merged into our newly formed wholly owned subsidiary pursuant
to an AGREEMENT AND PLAN OF MERGER (the "Agreement"). Prior to the merger, this
subsidiary of Aspatuck this subsidiary of Aspatuck entered into a consulting
agreement ("CONSULTING AGREEMENT") with Stamford Research LLC, which is
obligated to provide the services of Albert Case to the Company. Upon completion
of the merger, 139,192,222 shares of the Company's Common Stock were issuable to
holders of the subsidiary of Aspatuck and 1,300,000 such shares became issuable
to Stamford Research LLC, under the Consulting Agreement. At this time Mr.
Albert Case became President and Chief Executive Officer and Mr. Jason Meyers,
principal shareholder of Aspatuck, became Chairman of the Board of Directors.
Additional shares are issuable to the former shareholders of the Aspatuck
subsidiary when the Company issues any securities related directly or indirectly
to pre-merger events.
The new management has obtained some additional financing and has resumed
limited business activity including:
o Updating our financial statements and required SEC filings
o Assessment of our technology including patents and other rights
o Limited development of our Turbopac(TM) product line
o Review and negotiate to settle outstanding litigation and liabilities.
o Formulating business and marketing plans
There is no assurance we will be able to obtain sufficient financing to
implement full scale operations.
FLIP news
FLIP -- FTS Group, Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
FTS Group Reduces Debt by $250,000 With Cash From Operations
Company Expects to Report Q2 Results on August 15th
TAMPA, FL, Jul 17, 2006 (MARKET WIRE via COMTEX) -- FTS Group, Inc. (OTCBB: FLIP) today announced that it expects to report its second quarter operating results after the market close on Tuesday August 15th. The Company also announced today that it has reduced its debt by $250,000 using cash generated from operations.
FTS Group Chairman and Chief Executive Officer Scott Gallagher commented, "Our operating business performed very well during the first half of 2006 allowing us to use cash from operations to reduce our debt. As we move into the second half of the year we expect our operating businesses to benefit from the launch of new products such as amp'd mobile, ESPN Mobile and the launch of expanded HD television services in our core markets. We also plan to make additional debt payments using cash from operations during the second half of 06 as we seek to achieve our goal of reducing our debt by at least 50% during fiscal 2006."
About FTS Group, Inc.
FTS Group, Inc. (OTCBB: FLIP) is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. The Company operates through retail locations in Florida and Pennsylvania and globally over the Internet through its web sites www.FTSGroup.TV, www.CellChannel.com, www.SeeWorld.biz and www.FTSWireless.com. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries, please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov or contact the Company at the e-mail or phone number below.
Forward-Looking Statements
Included in this release are certain "forward-looking'' statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and un
FLIP news
FLIP -- FTS Group, Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
FTS Group Reduces Debt by $250,000 With Cash From Operations
Company Expects to Report Q2 Results on August 15th
TAMPA, FL, Jul 17, 2006 (MARKET WIRE via COMTEX) -- FTS Group, Inc. (OTCBB: FLIP) today announced that it expects to report its second quarter operating results after the market close on Tuesday August 15th. The Company also announced today that it has reduced its debt by $250,000 using cash generated from operations.
FTS Group Chairman and Chief Executive Officer Scott Gallagher commented, "Our operating business performed very well during the first half of 2006 allowing us to use cash from operations to reduce our debt. As we move into the second half of the year we expect our operating businesses to benefit from the launch of new products such as amp'd mobile, ESPN Mobile and the launch of expanded HD television services in our core markets. We also plan to make additional debt payments using cash from operations during the second half of 06 as we seek to achieve our goal of reducing our debt by at least 50% during fiscal 2006."
About FTS Group, Inc.
FTS Group, Inc. (OTCBB: FLIP) is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. The Company operates through retail locations in Florida and Pennsylvania and globally over the Internet through its web sites www.FTSGroup.TV, www.CellChannel.com, www.SeeWorld.biz and www.FTSWireless.com. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries, please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov or contact the Company at the e-mail or phone number below.
Forward-Looking Statements
Included in this release are certain "forward-looking'' statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and un
FLIP -- FTS Group, Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
FTS Group Reduces Debt by $250,000 With Cash From Operations
Company Expects to Report Q2 Results on August 15th
TAMPA, FL, Jul 17, 2006 (MARKET WIRE via COMTEX) -- FTS Group, Inc. (OTCBB: FLIP) today announced that it expects to report its second quarter operating results after the market close on Tuesday August 15th. The Company also announced today that it has reduced its debt by $250,000 using cash generated from operations.
FTS Group Chairman and Chief Executive Officer Scott Gallagher commented, "Our operating business performed very well during the first half of 2006 allowing us to use cash from operations to reduce our debt. As we move into the second half of the year we expect our operating businesses to benefit from the launch of new products such as amp'd mobile, ESPN Mobile and the launch of expanded HD television services in our core markets. We also plan to make additional debt payments using cash from operations during the second half of 06 as we seek to achieve our goal of reducing our debt by at least 50% during fiscal 2006."
About FTS Group, Inc.
FTS Group, Inc. (OTCBB: FLIP) is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. The Company operates through retail locations in Florida and Pennsylvania and globally over the Internet through its web sites www.FTSGroup.TV, www.CellChannel.com, www.SeeWorld.biz and www.FTSWireless.com. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries, please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov or contact the Company at the e-mail or phone number below.
Forward-Looking Statements
Included in this release are certain "forward-looking'' statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and un
FLIP news
BHWF possible turnaround, this news from thursday
July 13, 2006 - 9:30 AM EDT
The BlackHawk Fund Signs Business Development Agreement With Zero Waste PLC - Alternative Energy Company
CARLSBAD, Calif., July 13 /PRNewswire-FirstCall/ -- The BlackHawk Fund (OTC Bulletin Board: BHWF) announces the signing of a Business Development Agreement with Zero Waste PLC - alternative energy company. The BlackHawk Fund shall provide advisory services to Zero Waste PLC related to capital formation, business strategy and public market guidance, in addition to providing up to $1,500,000 in expansion capital. The BlackHawk Fund provides these services in return for up to a 20% equity position in Zero Waste PLC, which has a pre-IPO valuation currently estimated at 15,000,000 British Pounds Sterling.
The BlackHawk Fund operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are in the alternative energy market. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for an equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public, in order to obtain a higher market valuation for the equity position held by The BlackHawk Fund.
ABOUT ZERO WASTE PLC
Zero Waste PLC is an innovative eco-friendly waste processing company which has acquired exclusive rights to proprietary technology used for the processing of various waste products including household waste into high calorie energy products which can be sold to power generating companies.
This unique patented process will play a major role in reducing the amounts of waste products which are currently being sent to landfill sites. Zero Waste PLC will act as an important catalyst to help E.U. countries achieve their requirements concerning the E.U. Landfill Directive and in return create saleable energy products.
Zero Waste has signed an important multi-year contract with a licensed E.U. waste operator, who will immediately begin the process of reducing landfill waste and the related dangerous landfill gases which impacts the current negative greenhouse effect. The first E.U. full installation is being assembled and is being targeted for completion before the end of 2006.
The Company intends to expand operations throughout Europe for its future growth and has also received numerous enquiries for its technology and plant installation. Zero Waste PLC has offices in London and is in discussions with advisors in preparation for floatation on the London Stock Exchange AIM listing.
Contact: (775) 887-0670
www.blackhawkfund.com
From time to time, the Company may issue news releases that contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be 'forward-looking statements.' 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE The BlackHawk Fund
Source: PR Newswire (July 13, 2006 - 9:30 AM EDT)
BHWF possible turnaround, this news from thursday
July 13, 2006 - 9:30 AM EDT
The BlackHawk Fund Signs Business Development Agreement With Zero Waste PLC - Alternative Energy Company
CARLSBAD, Calif., July 13 /PRNewswire-FirstCall/ -- The BlackHawk Fund (OTC Bulletin Board: BHWF) announces the signing of a Business Development Agreement with Zero Waste PLC - alternative energy company. The BlackHawk Fund shall provide advisory services to Zero Waste PLC related to capital formation, business strategy and public market guidance, in addition to providing up to $1,500,000 in expansion capital. The BlackHawk Fund provides these services in return for up to a 20% equity position in Zero Waste PLC, which has a pre-IPO valuation currently estimated at 15,000,000 British Pounds Sterling.
The BlackHawk Fund operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are in the alternative energy market. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for an equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public, in order to obtain a higher market valuation for the equity position held by The BlackHawk Fund.
ABOUT ZERO WASTE PLC
Zero Waste PLC is an innovative eco-friendly waste processing company which has acquired exclusive rights to proprietary technology used for the processing of various waste products including household waste into high calorie energy products which can be sold to power generating companies.
This unique patented process will play a major role in reducing the amounts of waste products which are currently being sent to landfill sites. Zero Waste PLC will act as an important catalyst to help E.U. countries achieve their requirements concerning the E.U. Landfill Directive and in return create saleable energy products.
Zero Waste has signed an important multi-year contract with a licensed E.U. waste operator, who will immediately begin the process of reducing landfill waste and the related dangerous landfill gases which impacts the current negative greenhouse effect. The first E.U. full installation is being assembled and is being targeted for completion before the end of 2006.
The Company intends to expand operations throughout Europe for its future growth and has also received numerous enquiries for its technology and plant installation. Zero Waste PLC has offices in London and is in discussions with advisors in preparation for floatation on the London Stock Exchange AIM listing.
Contact: (775) 887-0670
www.blackhawkfund.com
From time to time, the Company may issue news releases that contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be 'forward-looking statements.' 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE The BlackHawk Fund
Source: PR Newswire (July 13, 2006 - 9:30 AM EDT)
Stratus Services Group, Inc. Reports Profitable Results for First Six Months of Fiscal 2006 Ending March 31st 2006
MANALAPAN, N.J., July 14, 2006 (PRIMEZONE) -- Stratus Services Group, Inc. (OTCBB:SSVG), the SMARTSolutions(tm) Company (the "Company" or "Stratus"), a leading provider of technology staffing and technology productivity consulting, today reported that the Company was able to show a net profit for its first 6 months of fiscal 2006 due to its first quarter asset sale. The Company previously reported that they completed the necessary "trailing" effects of this process and began focusing on its new core business in IT Staffing. The profit was mostly attributed to the Company's discontinued operations; however, the Company reported that its March 31st ending quarter saw a significant reduction in its operational losses, which the Company believes will in turn lead to a net break even in profits from continued operations by the end of its June 30th quarter. Joseph J. Raymond, CEO commented, "Clearly we have turned the corner as far as operational profitability goes, although those results have not yet been impacted on our financial numbers through March 31st. We believe the results of the June ending quarter will validate our new business model. It still remains imperative that we continue working with our creditors so that the Company has ample time to get healthy once again."
The Company intends on updating its investors on their June ending quarter within the next several weeks.
About Stratus Services Group, Inc.
Stratus provides a broad range of information technology staffing and project consulting through its joint venture with Stratus Technology Services, LLC.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, changes in the market for Internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words intend, expect, should, project, anticipate, and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.
CONTACT: Stratus Services Group, Inc.
Michael A. Maltzman, Executive VP and CFO
(732) 866-0300
Fax: (732) 866-6676
Value Capital Partners
Charles Cocuzza or Mike Santini
(480) 951-3402
Source: PrimeZone (July 14, 2006 - 3:55 PM EDT)
News by QuoteMedia
SSVG the ibox on the SSVG board along with subsequent events since that letter to shareholders from the ceo has me thinking that he is very serious about turning this co. around and just might have the savvy to do get it done. fwiw here's a 5yr chart
Nice news today along with other subsequent events since that letter to shareholders from the ceo has me thinking that he is very serious about turning this co. around and just might have the savvy to do get it done. fwiw here's a 5yr chart
SSVG the ibox on the SSVG board along with subsequent events since that letter to shareholders from the ceo has me thinking that he is very serious about turning this co. around and just might have the savvy to do get it done. fwiw here's a 5yr chart
Stratus Services Group, Inc. Reports Profitable Results for First Six Months of Fiscal 2006 Ending March 31st 2006
MANALAPAN, N.J., July 14, 2006 (PRIMEZONE) -- Stratus Services Group, Inc. (OTCBB:SSVG), the SMARTSolutions(tm) Company (the "Company" or "Stratus"), a leading provider of technology staffing and technology productivity consulting, today reported that the Company was able to show a net profit for its first 6 months of fiscal 2006 due to its first quarter asset sale. The Company previously reported that they completed the necessary "trailing" effects of this process and began focusing on its new core business in IT Staffing. The profit was mostly attributed to the Company's discontinued operations; however, the Company reported that its March 31st ending quarter saw a significant reduction in its operational losses, which the Company believes will in turn lead to a net break even in profits from continued operations by the end of its June 30th quarter. Joseph J. Raymond, CEO commented, "Clearly we have turned the corner as far as operational profitability goes, although those results have not yet been impacted on our financial numbers through March 31st. We believe the results of the June ending quarter will validate our new business model. It still remains imperative that we continue working with our creditors so that the Company has ample time to get healthy once again."
The Company intends on updating its investors on their June ending quarter within the next several weeks.
About Stratus Services Group, Inc.
Stratus provides a broad range of information technology staffing and project consulting through its joint venture with Stratus Technology Services, LLC.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, changes in the market for Internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words intend, expect, should, project, anticipate, and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.
CONTACT: Stratus Services Group, Inc.
Michael A. Maltzman, Executive VP and CFO
(732) 866-0300
Fax: (732) 866-6676
Value Capital Partners
Charles Cocuzza or Mike Santini
(480) 951-3402
Source: PrimeZone (July 14, 2006 - 3:55 PM EDT)
News by QuoteMedia
www.quotemedia.com
Stratus Services Group, Inc. Reports Profitable Results for First Six Months of Fiscal 2006 Ending March 31st 2006
MANALAPAN, N.J., July 14, 2006 (PRIMEZONE) -- Stratus Services Group, Inc. (OTCBB:SSVG), the SMARTSolutions(tm) Company (the "Company" or "Stratus"), a leading provider of technology staffing and technology productivity consulting, today reported that the Company was able to show a net profit for its first 6 months of fiscal 2006 due to its first quarter asset sale. The Company previously reported that they completed the necessary "trailing" effects of this process and began focusing on its new core business in IT Staffing. The profit was mostly attributed to the Company's discontinued operations; however, the Company reported that its March 31st ending quarter saw a significant reduction in its operational losses, which the Company believes will in turn lead to a net break even in profits from continued operations by the end of its June 30th quarter. Joseph J. Raymond, CEO commented, "Clearly we have turned the corner as far as operational profitability goes, although those results have not yet been impacted on our financial numbers through March 31st. We believe the results of the June ending quarter will validate our new business model. It still remains imperative that we continue working with our creditors so that the Company has ample time to get healthy once again."
The Company intends on updating its investors on their June ending quarter within the next several weeks.
About Stratus Services Group, Inc.
Stratus provides a broad range of information technology staffing and project consulting through its joint venture with Stratus Technology Services, LLC.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, changes in the market for Internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words intend, expect, should, project, anticipate, and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.
CONTACT: Stratus Services Group, Inc.
Michael A. Maltzman, Executive VP and CFO
(732) 866-0300
Fax: (732) 866-6676
Value Capital Partners
Charles Cocuzza or Mike Santini
(480) 951-3402
Source: PrimeZone (July 14, 2006 - 3:55 PM EDT)
News by QuoteMedia
www.quotemedia.com
Stratus Services Group, Inc. Reports Profitable Results for First Six Months of Fiscal 2006 Ending March 31st 2006
MANALAPAN, N.J., July 14, 2006 (PRIMEZONE) -- Stratus Services Group, Inc. (OTCBB:SSVG), the SMARTSolutions(tm) Company (the "Company" or "Stratus"), a leading provider of technology staffing and technology productivity consulting, today reported that the Company was able to show a net profit for its first 6 months of fiscal 2006 due to its first quarter asset sale. The Company previously reported that they completed the necessary "trailing" effects of this process and began focusing on its new core business in IT Staffing. The profit was mostly attributed to the Company's discontinued operations; however, the Company reported that its March 31st ending quarter saw a significant reduction in its operational losses, which the Company believes will in turn lead to a net break even in profits from continued operations by the end of its June 30th quarter. Joseph J. Raymond, CEO commented, "Clearly we have turned the corner as far as operational profitability goes, although those results have not yet been impacted on our financial numbers through March 31st. We believe the results of the June ending quarter will validate our new business model. It still remains imperative that we continue working with our creditors so that the Company has ample time to get healthy once again."
The Company intends on updating its investors on their June ending quarter within the next several weeks.
About Stratus Services Group, Inc.
Stratus provides a broad range of information technology staffing and project consulting through its joint venture with Stratus Technology Services, LLC.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, changes in the market for Internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words intend, expect, should, project, anticipate, and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.
CONTACT: Stratus Services Group, Inc.
Michael A. Maltzman, Executive VP and CFO
(732) 866-0300
Fax: (732) 866-6676
Value Capital Partners
Charles Cocuzza or Mike Santini
(480) 951-3402
Source: PrimeZone (July 14, 2006 - 3:55 PM EDT)
News by QuoteMedia
www.quotemedia.com
Chart -
Reminder: Check For: ---> Dilution - Splits - News
Chart -
Reminder: Check For: ---> Dilution - Splits - News
Chart -
Reminder: Check For: ---> Dilution - Splits - News
re IPMG This post from Rigs board adds interest to IPMG GLTU :)
Posted by: Trops
In reply to: rrufff who wrote msg# 23473 Date:7/13/2006 9:52:17 PM
Post #of 23474
Yea Ruff,Some think it is another subber with a billion shares out their.Also besides the Gold exploration,they are exploring Uranium and other natural resources as per releases.I really do not think besides a select few that many did the dd on this one.Heres hoping for a bone from the meeting.Bob:)))
re IPMG This post from Rigs board adds interest to IPMG GLTU :)
Posted by: Trops
In reply to: rrufff who wrote msg# 23473 Date:7/13/2006 9:52:17 PM
Post #of 23474
Yea Ruff,Some think it is another subber with a billion shares out their.Also besides the Gold exploration,they are exploring Uranium and other natural resources as per releases.I really do not think besides a select few that many did the dd on this one.Heres hoping for a bone from the meeting.Bob:)))
HLVC volume .025x.026
Chart -
Reminder: Check For: ---> Dilution - Splits - News
TTMT .011x.015 1x1 added a few
Chart -
Reminder: Check For: ---> Dilution - Splits - News
DGMS symbol change and rm news from yesterday
DGMS -- digiMedical Solutions, Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
digiMedical Solutions, Inc(TM) Completes Acquisition and Merger; Company Closes $15 Million Dollars in Acquisition Revenue and Becomes Public
COLLEYVILLE, Texas, Jul 10, 2006 (BUSINESS WIRE) -- digiMedical Solutions, Inc. (Pink Sheets:DGMS), formerly Game Technologies, Incorporated announced today the finalization of the company's first acquisition as well as the completion of a merger with Game Technologies, Inc. On June 7, 2006, digiMedical Solutions, Inc. finalized the acquisition of Harrington's Pharmacies and Apothecary Pharmacies owned and operated by Timothy A. Hayes and Suann Hayes. The acquisition secured $15 million of revenue in six (6) locations (two (2) pharmacies in Dallas, Texas, three (3) pharmacies in Naples, Florida and one (1) pharmacy in Ft. Myers, Florida.)
On June 27, 2006, the Company entered into a merger with Game Technologies, Inc., a Nevada corporation. Game Technologies, Inc., as the surviving corporation, completed a reorganization pursuant to which the privately held digiMedical Solutions, Inc. transferred all company assets and liabilities to Game Technologies. Filed as part of the Articles of Merger, Game Technologies changed its name to digiMedical Solutions, Inc. as well as appointed Edwin W. McPherson as Chairman of the Board and David W. Lee as Director, President and Chief Executive Officer. The former Directors and Officers resigned their commissions and the company installed its Vice Presidents and management team.
Effective Monday, July 10, 2006 the company's new trading symbol is: DGMS.
Timothy A. Hayes, former owner and operator with over 42 years of experience, reflects on his sale to digiMedical Solutions, Inc., "Suann and I are delighted to be the initial acquisition of digiMedical Solutions. In the test marketing with digiMedical Solutions for the four months prior to the acquisition we have witnessed an increase in our volume paired with an increase in our gross profit and, subsequently, in our net profit. The increase in gross profit during this short period can be applied directly to the bottom line because we have had minimum increase in our operational costs. I attribute this increase to the incorporation of digiMedical Solutions' business model where local targeted doctors are directly linked to our pharmacies through a digital wireless prescribing device, digiRX(TM). The improvement seen in this relatively short period of time is the beginning of what I anticipate to be additional increases in revenues through the addition of new doctors and their patient flow through digiRX(TM)."
Tim continues, "Speaking as an independent pharmacy owner operating a traditional pharmacy business model, it has become increasingly difficult over the last decade. Competition from the mega pharmacy chains combined with changes in Medicare and Medicaid benefits, most recently Medicare Part D, have presented the independents with competitive challenges. In today's environment the "corner drug store" is at a significant disadvantage. By combining our pharmacy operations with digiMedical Solutions we can level the playing field and become a meaningful competitor in the modern day pharmacy environment."
David Lee, President and Chief Executive Officer for digiMedical Solutions, Inc., stated, "The Completion of the acquisition and merger accomplishes two pivotal objectives for the company's development. The acquisition of the Harrington's Pharmacy chain gives our company immediate fundamental value as well as an existing revenue stream that can be expanded for long-term growth, and the merger gives us access to public capital markets to fund future growth and acquisition. Our business model is designed for rapid expansion by applying our proprietary technology and proprietary methodology to traditional pharmacy operations. By making acquisitions such as Harrington's Pharmacies, we can establish ourselves in new markets quickly. Through target marketing, direct customer service and seamless technologies, we are enhancing revenue while shifting the focus to more profitable prescriptions for dispensing. One of the key features of our business model is the universal application across diverse geographies and demographics, which enhances our ability to engage in any target market of our choosing."
About digiMedical Solutions, Inc.
digiMedical Solutions, Inc. (http://www.digimsinc.com) is a pharmacy and medical technology company focused on developing next generation digital medical technology with an emphasis on digital prescriptions (d-Prescriptions) that will more closely align the doctor, pharmacist and patient. The company's planned growth will come from three channels: direct marketing of the company's wireless base d-prescription technology to doctors, acquisition of independent pharmacy chains and the sale of certain territories to "market partners" licensed to exploit the digiMedical Solutions model. digiMedical Solutions, Inc. currently owns and operates six (6) pharmacies located in Texas and Florida. digiMedical Solutions' unique business model brings doctor, patients and pharmacies into next generation medical technologies.
Forward-Looking Statements
Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "Forward-Looking Statements" for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including "anticipate," "await," "envision," "foresee," "aim at," "believe," "intends," "estimates," including without limitation, those relating to the company's future business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations.
SOURCE: digiMedical Solutions, Inc.
CONTACT: digiMedical Solutions, Inc., Colleyville
David Lee, 817-503-8880
PressRelease@digimsinc.com
Copyright Business Wire 2006
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KEYWORD: United States
North America
Florida
Texas
INDUSTRY KEYWORD: Technology
Data Management
Networks
Software
Telecommunications
Other Technology
Health
Pharmaceutical
Other Health
SUBJECT CODE: Merger/Acquisition
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HLVC up a little on light vol. fwiw .0913x.016 2x1
HLVC up a little on light vol. fwiw .0913x.016 2x1
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Reminder: Check For: ---> Dilution - Splits - News
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Reminder: Check For: ---> Dilution - Splits - News
CLRI some discusion on it here fwiw http://www.siliconinvestor.com/subject.aspx?subjectid=50570
hmmm I'll have an expreeso and a shot of sambuca, please. CLRI some discusion on it here fwiw http://www.siliconinvestor.com/subject.aspx?subjectid=50570
EXSO appears someone likes it at .006 :)
SPOM shoulda bought it on the news u posted
Chart -
Reminder: Check For: ---> Dilution - Splits - News
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Reminder: Check For: ---> Dilution - Splits - News
GARS got in this am nice one :)
CLRI may be worth a look, news today
Chart -
Reminder: Check For: ---> Dilution - Splits - News
Chart -
Reminder: Check For: ---> Dilution - Splits - News