Retired Steelworker, or Ironworker Local Union #7 Boston
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
RMOO + 50% .0018!
RMOO + 33% retracing.imo.
RMOO + 17% bounce .0012 to .0014.May have hit bottom and recovering now.FWIW.
IBZT .0014 news!
FinancialWire®
April 17, 2003. (FinancialWire) The court proceedings to reject convertible debenture holders’ funding contract with Group Management Corp. (OTCBB: GPMT) has been “continued” by a Georgia judge.
April 17, 2003. (FinancialWire) The court proceedings to reject convertible debenture holders’ funding contract with Group Management Corp. (OTCBB: GPMT) has been “continued” by a Georgia judge.
CEO Thomas Ware said he was pleased with the court’s presentation of the company’s position. “We are confident we will prevail in our motion."
Group Management is one of 85 companies embroiled in a nationwide scandal about manipulative trading and short selling that recently drew the attention of the new SEC Chair when he promised the U.S. Senate that the agency will begin to look into the unregulated overseas hedge fund industry believed to be at the root of the illegal trading. One hedge fund was recently fined $1 million, and the Depository Trust and Clearing Corp., the foundation of the entire financial industry, has lost a court hearing in which it attempted to assert a claim that its refusal to allow public companies to exit its system is a Federal issue.
The company said it is alleging that the convertible debenture holders are using the subscription agreement, an executory contract that GPMT will reject, for their convertible note as collateral to assist in the short selling of GPMT's stock.
Testimony was presented at the hearing detailing the operations of the short selling of GPMT's stock by the convertible note holders.
The company said it will seek to subpoena each of the principals of the note holders to testify in court about their funding business, who their clients are, how their funds are obtained and the details and the workings of their business.
"We will aggressively go after the convertible note holders, market makers and anyone who has assisted them in the harm inflicted on the shareholders of the company," the company’s legal counsel stated.
The complete list of the 85 companies associated with the issue include A.G. Edwards, Inc. (NYSE: AGE), AdZone Research, Inc. (OTCBB: ADZR), Ameritrade Holding Corp. (NASDAQ: AMTD), ATSI Communications, Inc. (AMEX: AI), Federal Agricultural Mortgage Corp. “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), Auxer Group, Inc. (OTCBB: AXGI), Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB: BLIIV), Bentley Communications (OTCBB: BTLY), Biocurex (OTCBB: BOCX). Chattem, Inc. (NASDAQ: CHTT), Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), Eagle Tech Communications (OTC: EATC), Edgetech Services (OTCBB: EDGH);
Also, Endovasc Ltd. (OTCBB: EVSC), Enviro-Energy Corporation (OTCBB: ENGY), Environmental Products & Technologies (OTC: EPTC), E*Trade Group, Inc. (NYSE: ET), Flight Safety Technologies (OTCBB: FLST), Freddie Mac (NYSE: FRE), FreeStar Technologies (OTCBB: FSRCE), GeneMax Corp. (OTCBB: GMXX), Global Path (OTCBB: GBPI), Goldman, Sachs & Co. (NYSE: GS), Group Management (OTCBB: GPMT), Hop-On (OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), Olde / H&R Block (NYSE: HRB), Hyperdynamics Corp. (OTCBB: HYPD), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), InternetStudios, Inc. (OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Jag Media Holdings (OTCBB: JGMHA), James Barclay Alan, Inc. ((OTC: JBAI), Knight Securities, LP (NASDAQ: NITE), Lair Holdings (OTCBB: LAIR), Life Energy & Technology (OTCBB: LETH), MBIA (NYSE: MBI);
Also, MetaSource Group, Inc. (OTCBB: MTSR), M. H. Myerson & Co., Inc. (NASDAQ: MHMY), Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), MSM Jewelry Corp. (OTC: MSMJ), Nanopierce Technologies, Inc. (OTCBB: NPCT), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Navigator Ventures (OTCBB: NVGC), Pitts & Spitts (OTCBB: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB: PACC), Presidential Air Corp. (OTCBB: PDAR), PayStar Corporation (OTCBB: PYST), Petrogen Corp. (OTCBB: PTGC), PrimeHoldings.com, Inc. (OTC: PRIM), Resourcing Solutions (OTC: RESG), Reed Holdings (OTC: RDHC), Rocky Mountain Energy Corp. (OTCBB: RMEC), RTIN Holdings (OTCBB: RTNH), Charles Schwab (NYSE: SCH), Sedona Corp. (OTCBB: SDNA);
Also, Sionix Corp. (OTCBB: SINX), Starmax Technologies (OTC: SMXIF), Soundcomm Technologies (OTC: STEH), Sports Resorts International (NASDAQ: SPRI), Technology Logistics (OTC: TLOS), Ten Stix, Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Toronto-Dominion (NYSE: TD), Trezac Corp. (OTCBB: TREZ), TD Waterhouse Group (NYSE: TSE), Universal Express, Inc. (OTCBB: USXP), US West Homes (OTCBB: USWH), Vega Atlantic (OTCBB: VGAC), Vista Continental Corporation, (OTCBB: VICC), vFinance, Inc. (OTCBB: VFIN), Vtex Energy (OTCBB: VXENE) and Wizzard Software (OTCBB: WIZD).and WorldTradeShow.com (OTC: WTSW).
For instant traffic data on every site you visit, click on http://download.alexa.com/?amzn_id=investrendcom-20
The illustrated FinancialWire portal featuring up-to-the-minute news, features and links, is at http://www.financialwire.net
For FinancialWire audio news, click on partner ON24 at http://www.on24news.com
--------------------------------------------------------------------------------
PRINT THIS PAGE / SEND IT TO A FRIEND
PUT AVAN 1.15 & PUPS .019 on watch.FWIW.
PACC News (trade by candlestick chart)
Pacel to Target Additional $25 Million
Friday April 11, 9:10 am ET
MANASSAS, Va.--(BUSINESS WIRE)--April 11, 2003--Pacel Corporation (OTCBB:PACC - News) announced today that as a result of its recent strategic alliance with MRG California LLC, the company has agreed to develop a new business program to be integrated into Pacel by the end of the year and has targeted $25 million in sales for the first year.
MRG has already sold Pacel's subsidiary, Resourcing Solutions Group, Inc. $100 million of assets that are being transferred in multiple tranches over the next few months. The goal of the new program will be to add additional assets and revenues to Pacel's bottom line with comparatively limited expenditures through utilizing MRG's existing marketing infrastructure. Additional detailed information will be revealed in the coming weeks as the program progresses.
Pacel CEO Dave Calkins said, "Why should PACEL go to the time, expense, and risk of developing another marketing infrastructure in California when we can tap into one that is already there and operating successfully? MRG has several very progressive methods for acquiring clients in a very difficult and competitive market. I think the most profitable move for our shareholders is to utilize existing talent that is experienced in the California marketplace."
The statements contained in this press release that are not historical facts are forward-looking statements that involve a number of risks and uncertainties. Therefore, the actual results of future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are: (i) regulatory and tax developments; (ii) the effectiveness of the Company's sales and marketing efforts; (iii) changes in the competitive environment of the industry; (iv) changes in general economic conditions; (v) changes in the Company's direct costs and operating expenses; (vi) the estimated costs and effectiveness of capital projects and investments in technology and infrastructure. (vii) Management's ability to effectively implement its business strategy. These factors are described in further detail in Pacel Corp. filings with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
KBK Ventures, Inc., Houston
David Bromberg, 713/624-7110
--------------------------------------------------------------------------------
AMFR I think it will retrace here.I bought in @ .003 today. Closed up @ .0032.
Nice score EZ add PACC to the list.
Mr Ed Whats your take on GONT news.Think it's a buy?
IPIX 1.18,Real Estate Pics on the net!Tis the season.
One more CLCI .14 will hit .26 imo.
CWIR .031 1.5 mill contract news!!!!Low FLOAT
IDNW in @ .012 & .0145
Well,IDNW + 14.29% to .016.I'm holding for a while.
Mr Ed am I reading this news wrong?
iDial Networks, Inc. Reports 200% Sales Increase in 2003
Tuesday April 1, 9:05 am ET
THE WOODLANDS, Texas--(BUSINESS WIRE)--April 1, 2003--iDial Networks, Inc. (OTCBB:IDNW - News) today reported results for the fourth quarter and the year ended December 31, 2002. Total revenues for continuing operations for the year ended December 31, 2002 were $11.5 million, compared with $3.8 million (+200%) for the year ended December 31, 2001. The net loss for continuing operations for the year was $519,478, or diluted EPS ($0.01), compared with a net loss of $1,894,349 (-72%), or diluted EPS ($0.02), for the same period in 2001.
Mark T. Wood, Chairman and Chief Executive Officer of iDial Networks, Inc., commented, "Despite the downturn in the economy and the telecommunications segment in particular, we view our 2002 results as extremely positive highlighted by a 200% sales increase and a 72% reduction in our net loss. In addition, during FY 2002 we achieved the following:
Expanded our Cisco based network infrastructure to over 60,000,000 minutes per month billable capacity;
Completed network expansion in Los Angeles and New York POP's;
Launched new retail products targeting wireless and Asian markets;
Created new wholesale division focusing on quality, VOIP carrier termination services
Significantly improved customer service and billing operations through introduction of new internally developed web based MIS, Agent and Billing systems."
"Looking ahead to 2003, while economic conditions remain uncertain, we have a number of initiatives in place to help drive sales growth. Our Cisco based VoIP network along with our new SIP technology provides the perfect foundation for our new suite of products and services. In addition to our current product offerings, we will enter the IP Dialtone, Conference Calling and Device to Phone markets in Q2 of this year. These new products and services will:
Provide customers the functionality of a traditional telephone, plus value-added features, at a fraction of the price of conventional telephony services;
Provide inbound calling with a US based phone number to any IP device such as a Cisco ATA 186 or PC subscribing to our network;
Provide the first worldwide flat rate unlimited service plan based on US phone numbers for subscribers to our services worldwide;
Launch new IP hardware and software designed to self configure to our network ("IP Connect and Call") with dialup and broadband internet services worldwide;
Target partnerships worldwide with ISP's and cable companies to deliver custom branded solutions;
Offer easy to use web based and dial in conference calling systems for conference calls less than 25 people;
Provide the first IP device to phone 300 minute from the US to anywhere in the world phone card for $10."
"One of the beauties of our SIP based VoIP Network is that we can leverage existing IP networks and infrastructure for our new global product offerings. This allows us to enter newly liberalized markets worldwide with an array of retail VoIP products and services without investing a great deal in cap ex. Our new retail product offerings, whether directly or via a reseller, enable us to provide an added value on top of pure VoIP minutes, which would otherwise be commoditized and deliver higher margins than we have traditionally obtained," said Mark T. Wood.
The company announced the beta launch of its new service portal, www.idialdirect.com and invites all interested parties to explore our new products. A Powerpoint presentation may be downloaded from the companies web site at www.idnw.com providing a more detailed outline of the companies business plan for 2003 after the scheduled conference call today.
For further detailed information, please read the Company's Audited Annual Report (10K-SB) which was filed with the Securities and Exchange Commission March 31, 2003.
About iDial Networks, Inc.:
iDial Networks, Inc., (http://www.idialnetworks.com/), is an application service provider in leading communication technologies, provides a wide range of Voice over Internet Protocol (VoIP) services, Internet-activated applications and products that bring affordable telecommunications services to users around the globe. The company has built a next generation VoIP and TDM network based on carrier class technologies from Cisco Systems (Nasdaq:CSCO - News) and Microsoft (Nasdaq:MSFT - News) employing newly developed SIP technologies.
Thanx Mr Ed I'm proably all wrong on IDNW.Check out ASTM.
IDNW info inside/I'm betting the S2 shrs will be bought up soon the Vol. is picking up.
This prospectus relates to the resale by the selling stockholders of up to
104,500,000 shares of our common stock, based on current market prices. The
selling stockholders may sell common stock from time to time in the principal
market on which the stock is traded at the prevailing market price or in
negotiated transactions. The selling stockholders may be deemed underwriters of
the shares of common stock, which they are offering. We will pay the expenses of
registering these shares.
MY bell buy IDNW .0145.Read news.
TVCP good news/
TalkVISUAL Announces Year-End Results ... Proceeds from Sale of Assets Following Year End Used to Repay Debt.
Tuesday April 1, 6:01 am ET
MIAMI--(BUSINESS WIRE)--April 1, 2003--Mike Rollins, president and chief executive officer of TalkVISUAL Corporation (OTCBB:TVCP - News), announced today results for the year ended December 31, 2002.
ADVERTISEMENT
TalkVISUAL generated record revenue of $7.4 million (up 42%) from operations of its expanded network for the year ended December 31, 2002, compared to revenue from operations of approximately $5.2 million for the year ended December 31, 2001. At the same time, gross margin, which was approximately $1.5 million (30.5%) in 2001, amounted to nearly $2.2 million (29.4%) for 2002. This slightly lower gross margin was attributed to the slightly higher cost of long-distance services paid by the company for several key destinations and the one-time cost of installing SS7 capability to its network. SG&A costs amounted to $3.7 million or 49% of 2002 revenue versus $4.7 million or 88% of revenue in 2001.
"We continued to increase our core revenue base of business and residential customers throughout 2002 while dramatically reducing SG&A costs by over $1.0 million during the year and we continue to improve our overall cost structure. Additionally, post year-end developments, including the sale of certain assets and payment of debt, are very positive and will enable us to sharpen our focus on our core business," said Rollins.
The company reported a net loss of approximately $3 million or $0.02 per common share (148,825,179 weighted average shares outstanding) for the year ended December 31, 2002, compared to a net loss of approximately $8.7 million $0.09 per common share (94,669,011 weighted average shares outstanding) for 2001. The loss for 2002 includes a loss of $962,406 attributable to discontinued operations versus a loss of $3.1 million attributed to discontinued operations in 2001.
Rollins indicated that, subsequent to year end, the company sold all but 5,000 shares of its common stock interest in YAK Telecommunications and it divested itself of its commercial property in Sacramento, California. Approximately $1.2 million of proceeds from these transactions were used to pay the majority of the Company's debt. In addition, the Company utilized a portion of the proceeds to execute settlement agreements with several vendors, which will result in the Company recording an extraordinary gain of $1.2MM in the first half of 2003. Furthermore, the Company has extended offers to its remaining note holders in an effort to reduce the Company's remaining debt.
"While the implementation of our SS7 network and termination difficulty to several key destinations were a temporary impedence on revenue growth, management believes that the improvements and changes made over the last year have laid the foundation for TalkVISUAL's long-term success," Rollins said.
TalkVISUAL Corporation owns and operates a telecommunications network headquartered in South Florida and owns and operates telecommunication retail centers providing communication and related services to business and individual consumers in New York and New Jersey. Principal services include business and residential long-distance services, long-distance telephone calling in private booths ("call-shop services"), prepaid calling cards, money transfer services and international package delivery. Visit the company's web site at www. talkvisual.com. TalkVISUAL targets key business and consumer market segments in the United States, with a primary focus on Latin American expatriate business and consumer communities.
NOTE: Statements contained in this news release not strictly historical are forward-looking
EDGH NOW .26 RUN!!!
I believe EDGH .19 will bounce big next week.Check it out!!!or don't!!!
Here's one to check out EDGH! info/http://biz.yahoo.com/pz/030321/38103.html
Patsy take a look at WGAT chart, fundamentals,news.Slow climb.Might be something here.Maybe not.
GOAM .27 should move up today.
Mr Ed: Don't know.Works for me.Try www.tradertrek.co in your address bar.
ADOT 5 day forcast!http://www.tradetrek.com/NN/default.asp?symbol=ADOT
IBCL starting to run on good news!
Bigarow
SNTK Good news just out!
Bigarow
PCEL moving nice on finance news.
Bigarow
AKLM news just out .Moving up.
Bigarow
INLD ($1.24) undiscovered.Revs. up 67% to 101 mill.Loss down 96% to 5.3 mill.Go long & swing trade.my opinion only.
Bigarow
PCTH up 35%!
Bigarow
Sorry wrong board.Anyway I think SPLN will move up untill end of Jan.
Bigarow
Brazen FONX moving.Looks like you were just early!
Bigarow
INLD doing well.
Bigarow
GONT news I'm in.
Bigarow
ANCC moving up.Always runs (in past)above .75 now .55.check chart.
Bigarow
Thanx BB
Bigarow