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.
" GEORGE SPERANZA "
Five Additional Corporate Executives Charged in Connection with Securities Fraud and Obstruction of Justice Committed By Chief Officers of Spongetech Delivery Systems, Inc.
Defendants Collectively Charged with Securities Fraud, Obstruction of Justice, Money Laundering, Structuring, Contempt of Court, and Perjury
A superseding indictment was unsealed today in federal court in Brooklyn charging five additional defendants with crimes relating to Spongetech Delivery Systems, Inc. (Spongetech)1. The superseding indictment includes charges previously brought against Michael Metter, the Chief Executive Officer and President of Spongetech, and Steven Moskowitz, Spongetech’s Chief Operating Officer, Chief Financial Officer, Chief Accounting Officer, Treasurer, and Secretary.
Today’s superseding indictment charges former Spongetech employees Andrew Tepfer, Seymour Eisenberg, Thomas Cavanagh, and Frank Nicolois, as well as former Spongetech vendor George Speranza. Tepfer, Eisenberg, Nicolois, and Speranza were arrested this morning. Their initial appearances are scheduled today before United States Magistrate Judge Robert M. Levy at the United States Courthouse, 225 Cadman Plaza East, Brooklyn, New York.
The charges were announced by Loretta E. Lynch, United States Attorney for the Eastern District of New York, Janice K. Fedarcyk, Assistant Director-in-Charge of the Federal Bureau of Investigation, New York Field Office, and Charles R. Pine, Special Agent-in-Charge, Internal Revenue Service, Criminal Investigation, New York.
As alleged in the superseding indictment, between January 2007 and May 2010, Tepfer, and Eisenberg, together with Metter, Moskowitz, and others, executed a fraudulent scheme to publicly report materially overstated Spongetech sales figures to create artificial demand for, and increase the share price and trading volume of, Spongetech common stock. Tepfer and Eisenberg face one count of conspiracy to commit securities fraud, one count of money laundering conspiracy, and one count of securities fraud.
Cavanagh and Nicolois face one count of structuring and one count of contempt of court. The superseding indictment alleges that from January 2008 and December 2009, Cavanagh and Nicolois cashed checks written in amounts less than $10,000 at a financial institution for the purpose of evading federal currency transaction reporting requirements. The indictment also alleges that in doing so, Cavanagh and Nicolois violated a court order entered in a 2004 lawsuit brought by the United States Securities and Exchange Commission (SEC) against them and others.
Speranza faces one count of conspiracy to obstruct justice, one count of obstruction of justice, and one count of perjury. The superseding indictment alleges that Speranza gave false testimony under oath in an investigation by the Enforcement Division of the SEC into Spongetech’s publicly reported sales figures and financial statements.
If convicted, Tepfer and Eisenberg face up to 20 years’ imprisonment on the securities fraud counts. Cavanaugh and Nicolois face up to 10 years’ imprisonment on the structuring counts. Speranza faces up to five years’ imprisonment on the obstruction of justice count.
The government’s case is being prosecuted by Assistant United States Attorneys William E. Schaeffer and Jeffrey A. Goldberg.
This case was brought in coordination with President Barack Obama’s Financial Fraud Enforcement Task Force. President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.
The Defendants:
MICHAEL METTER
Age: 58
STEVEN MOSKOWITZ
Age: 45
ANDREW TEPFER, also known as “AVI”
Age: 47
SEYMOUR EISENBERG, also known as “JIMMY”
Age: 66
GEORGE SPERANZA
Age: 43
FRANK NICOLOIS
Age: 62
THOMAS CAVANAGH
Age: 56
1 - The charges are merely allegations, and the defendants are presumed innocent unless and until proven guilty.
MUST READ !!!!!! " George Speranza "
" InternetArray, Inc. Acquires Significant Ownership in Noobis, Inc.Wednesday, November 05, 2008 6:31 AM
Bookmark: TwitterDeliciousDiggYahoo BuzzFacebookStumbleuponLinked InMy SpaceNewsvine Email Text Print
Stay ahead of the market. Signup for our free newsletter!!!
InternetArray, Inc. (OTC: IARY), an Internet development, technology licensing and marketing company, announced that it has acquired a significant ownership in Noobis, Inc., a social media development company. This acquisition is a first step in the Company’s new strategic focus in developing collaborative Internet based business partners.
The acquisition, which was paid for with InternetArray, Inc. Rule 144 restricted common stock, will constitute approximately 10% of the outstanding common stock on a fully diluted basis after acquisition completion. This transaction will bring InternetArray shareholders a marked increase in shareholder value by substantially growing the Company’s worth.
According to George Speranza, Director of Business Development for InternetArray Inc., “I’m pleased to announce this new acquisition for InternetArray. This is the first project under our strategic focus of concentrating upon Internet business opportunities.” Jon Brennan, President of Noobis, Inc, echoed Mr. Speranza’s sentiments: “Noobis is excited to have a partner like InternetArray who is ready to capitalize on this fast growing industry.”
About InternetArray, Inc.
InternetArray, Inc., a Delaware corporation, is an Internet development, technology licensing and marketing company that provides guidance and investment for innovative, early stage web-centric companies. The Company’s primary mission is to identify and develop associated collaborative business partners into viable and profitable companies.
For further information, please visit InternetArray at www.internetarray.com.
About Noobis, Inc.
Noobis, Inc. develops and integrates social media applications and networks. In addition to building its own Internet assets and technologies, Noobis works with clients and partners to leverage the emerging social media marketplace.
Please see more about Noobis, Inc. at www.noobis.com.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management’s current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
Noobis, Inc.
George Speranza, 347-733-9942
(Source: Business Wire )
InternetArray, Inc. Acquires Significant Ownership in Noobis, Inc.Wednesday, November 05, 2008 6:31 AM
Bookmark: TwitterDeliciousDiggYahoo BuzzFacebookStumbleuponLinked InMy SpaceNewsvine Email Text Print
Stay ahead of the market. Signup for our free newsletter!!!
InternetArray, Inc. (OTC: IARY), an Internet development, technology licensing and marketing company, announced that it has acquired a significant ownership in Noobis, Inc., a social media development company. This acquisition is a first step in the Company’s new strategic focus in developing collaborative Internet based business partners.
The acquisition, which was paid for with InternetArray, Inc. Rule 144 restricted common stock, will constitute approximately 10% of the outstanding common stock on a fully diluted basis after acquisition completion. This transaction will bring InternetArray shareholders a marked increase in shareholder value by substantially growing the Company’s worth.
According to George Speranza, Director of Business Development for InternetArray Inc., “I’m pleased to announce this new acquisition for InternetArray. This is the first project under our strategic focus of concentrating upon Internet business opportunities.” Jon Brennan, President of Noobis, Inc, echoed Mr. Speranza’s sentiments: “Noobis is excited to have a partner like InternetArray who is ready to capitalize on this fast growing industry.”
About InternetArray, Inc.
InternetArray, Inc., a Delaware corporation, is an Internet development, technology licensing and marketing company that provides guidance and investment for innovative, early stage web-centric companies. The Company’s primary mission is to identify and develop associated collaborative business partners into viable and profitable companies.
For further information, please visit InternetArray at www.internetarray.com.
About Noobis, Inc.
Noobis, Inc. develops and integrates social media applications and networks. In addition to building its own Internet assets and technologies, Noobis works with clients and partners to leverage the emerging social media marketplace.
Please see more about Noobis, Inc. at www.noobis.com.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management’s current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
Noobis, Inc.
George Speranza, 347-733-9942
(Source: Business Wire )
NEW HIGH!!!!!!!!!!!!!!
NEW HIGH!!!!!!!!!!!!!!
News for 'USU' - (=DJ USEC: US Closer To Approving $2B Loan Guarantee For Uranium Plant)
DOW JONES NEWSWIRES
USEC Inc. (USU) said the U.S. Department of Energy is moving closer to approving a $2 billion loan guarantee for the nuclear-fuel maker to build a uranium-enrichment plant in Ohio.
Shares climbed 8.5% to $5.38 in after-hours trading as USEC said the department has nearly completed its technical review of the company's application to build its American Centrifuge Plant and has provided it with a draft term sheet on which discussions will be based.
In May, the department approved a $2 billion loan guarantee for USEC rival Areva SA (ARVCY, CEI.FR) of France to build a similar plant for $3.3 billion in Idaho. Areva plans to use an advanced centrifuge technology that is not as commonly used in the U.S., but has been used in France for 30 years.
The DOE has said an additional $2 billion is available to support uranium enrichment technology.
The loan guarantee program is part of a broader effort by the Obama administration to stimulate the development of a U.S. supply base for enriched uranium.
-By Kathy Shwiff, Dow Jones Newswires; 212-416-2357; Kathy.Shwiff@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8c4Grn5K2raxJYVJ2xFirQ%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
October 27, 2010 17:47 ET (21:47 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.- - 05 47 PM EDT 10-27-10
now that's funny!
Jun 10, 2009 09:15 ETInternetArray Contemplates Noobis Spin-Off as Fully-Reporting Company
NEW YORK, NY--(Marketwire - June 10, 2009) - InternetArray, Inc. (PINKSHEETS: INAR) announced today that it is considering a possible spin-off of its subsidiary, Noobis, Inc., into a fully-reporting company listed on the Over-the Counter Bulletin Board ("OTCBB"). As part of an overall plan, Noobis common stock owned by InternetArray would be distributed to InternetArray shareholders effective upon obtaining an OTCBB listing.
The potential spin-off is consistent with InternetArray's business plan to create, acquire, develop -- and when appropriate -- spin-off innovative internet technology businesses. The quick and expansive growth of the Social Networking market indicates to management that a spin-off of Noobis will enhance the value of its technology and its revenue generating potential. As an independent fully reporting public company, Noobis can receive concentrated attention in the Social Media market and from the investment community.
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company's mission is to identify and develop collaborative business partners into viable and profitable companies.
About Noobis, Inc. (www.noobis.com)
Noobis, Inc. develops and integrates social media applications and networks. In addition to building its own Internet assets and technologies, Noobis works with clients and partners to leverage the emerging social media marketplace.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
Contact:
Michael Black
410-212-8487
contact@internetarray.com
RealD Sets Date to Report Second Quarter Fiscal 2011 Financial Results
Monday 10/25/2010 12:23 AM ET - Close-up Media
Related Companies
Symbol Last %Chg
RLD 18.53 0.98%
As of 10:04 AM ET 10/25/10
RealD Inc., a global licensor of 3D technologies, will announce financial results for the second quarter of fiscal 2011 on Tuesday, November 2, after the market close.
The Company will hold a conference call to discuss the results the same day. Participating in the call will be Michael V. Lewis, the Company's Chief Executive Officer, and Drew Skarupa, the Company's Chief Financial Officer.
The conference call is scheduled to begin at 1:30 p.m. Pacific (4:30 p.m. Eastern) on November 2. The earnings call will be broadcast live over the Internet, hosted at the Investor Relations section of the Company's website at www.reald.com, and will be archived online upon completion of the conference call.
RealD is a global licensor of 3D technologies. RealD's intellectual property portfolio is used in applications that enable a 3D viewing experience in the theater, the home and elsewhere.
More information:
www.reald.com
((Comments on this story may be sent to newsdesk@closeupmedia.com))
where is his post? Member name?
What is great about .0001 ?
Any "GOOD" news would be nice right now!!! Market's up!
How about Noobis Divy ????
ZERO News - 19 bill. more shares on the market.
News for 'RLD' - (REALD INC Consensus Recommendation: BUY)
Oct 13, 2010 (Nelson's Broker Summaries via COMTEX) --
Company: REALD INC
Consensus Recommendation: BUY
(Strong Buy: 2, Buy: 3, Hold: 0, Underperform: 0, Sell: 1)
Quarter Consensus Estimate [Q3]: 0.16
FY Consensus Estimate [FY2011]: -0.25
Next FY Consensus Estimate [FY2012]: 0.65
Industry: TECHNOL/ELECSYST
Estimates reported in USD
http://www.thomsonfinancial.com
Copyright 2010, Nelson Information, a Thomson Financial company
-0-
I agree -- 3 days.. Zero vol.
WOW!!!!!
News for 'USU' - (AREVA CEO: Nuclear Facility Plan Moving Slowly Forward)
PIKETON, Sep 11, 2010 (Portsmouth Daily Times - McClatchy-Tribune Information
Services via COMTEX) -- It has been 15 months since a consortium announced plans
to build a nuclear power plant at Piketon.
On June 18, 2009, dignitaries from the federal, state, regional, and local
entities gathered at the Piketon reservation to announce a group made up of Duke
Energy, AREVA, UniStar Nuclear Energy, USEC Inc., and Southern Ohio
Diversification Initiative, would work with the Department of Energy to gain the
permit to build the plant.
The Portsmouth Daily Times caught up with AREVA Chief Executive Officer Jacques
Besnainou on Thursday in Piketon, and in an exclusive interview, the executive
talked about the status of that facility.
"We are still in the early phase of development," Besnainou said during the
opening of the DUF6 project. "We are looking at the early site permit and have
applied for it. ... This is an example of AREVA here, for a six-year effort.
It's very difficult. It's the first of its kind in the U.S. We are turning a
liability into an asset."
Besnainou said AREVA is selling hexafluoride product and will be doing the same
with nuclear power with the new plant to be built, hopefully in the next several
years.
"Our plan is to build an energy block, which will be a new nuclear plant and
renewable energy as well," Besnainou said.
At the time of the original announcement, Jim Rogers, chairman of the board,
president and chief executive officer of Duke Energy, explained the need for the
facility.
"We face the indisputable fact that our nation and our world are transitioning
to a low-carbon future," Rogers said. "Today, with the creation of this clean
energy park demonstration project -- the partners in this alliance, the state of
Ohio and our country, are edging a little further across the bridge to that
future."
Gov. Ted Strickland was on board with the project in its early stages.
"I think it means a lot to the country. It means a lot to the State of Ohio, but
it especially means a lot to southern Ohio," Strickland told the Portsmouth
Daily Times. "Because this facility, when it is built, will create jobs,
good-paying jobs. It will produce lots of energy that is clean energy. And it
will, I think, help revitalize the economy in this part of the state that has
suffered so grievously for so many years with job loss."
If the plant is built it is expected to mean some 4,000 to 5,000 new jobs on the
site and residual jobs as well.
U.S. Deputy Secretary of Energy Daniel B. Poneman was in Piketon on Thursday at
the opening of the Depleted Uranium Hexafluoride Conversion Plant (DUF6), which
will create some 160 advanced energy jobs in Piketon as well.
Frank Lewis may be reached at (740) 353-3101 Ext. 232 or
flewis@heartlandpublications.com
To see more of the Portsmouth Daily Times, or to subscribe to the newspaper, go
to http://www.portsmouth-dailytimes.com. Copyright (c) 2010, Portsmouth Daily
Times, Ohio Distributed by McClatchy-Tribune Information Services. For more
information about the content services offered by McClatchy-Tribune Information
Services (MCT), visit www.mctinfoservices.com, e-mail
services@mctinfoservices.com, or call 866-280-5210 (outside the United States,
call +1 312-222-4544).
Frank Lewis
Copyright (C) 2010, Portsmouth Daily Times, Ohio
-0-
SUBJECT CODE: XR
Short Interest ----
INTERNETARRAY NEW (INAR) OTC Type: Other-OTC
Short Interest for August 13 2010
Short
Interest
Short Interest
Change Average Daily
Share Volume
9,717,906
Days to
Cover
1.00
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
Short Interest ----
INTERNETARRAY NEW (INAR) OTC Type: Other-OTC
Short Interest for August 13 2010
Short
Interest
Short Interest
Change Average Daily
Share Volume
9,717,906
Days to
Cover
1.00
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
InternetArray Transfers BidSellBuy.Com to Noobis
Company Increases Ownership in Noobis-
NEW YORK, NY--(Marketwire) - InternetArray, Inc., (PINKSHEETS: INAR), announced today that it is transferring ownership of BidSellBuy.Com to Noobis, Inc., thereby increasing its equity stake in the subsidiary. The transfer is being done because Noobis has demonstrated a remarkable marketing and strategic presence in the new Social Media marketplace. Further, the Noobis management team has consistently proven its ability to incorporate, develop and monetize emerging, leading-edge technologies.
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company's mission is to identify and develop collaborative business partners into viable and profitable companies.
About Noobis, Inc. (www.noobis.com)
Noobis, Inc. develops and integrates social media applications and networks. In addition to building its own Internet assets and technologies, Noobis works with clients and partners to leverage the emerging social media marketplace.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
Contact:
Michael Black
410-212-8487
contact@internetarray.com
Still waiting for this update ----
InternetArray Provides Mid-Year Update
Email Share Share Business Exchange Twitter Delicious Digg Facebook LinkedIn Newsvine Propeller Yahoo! Buzz Print
InternetArray Provides Mid-Year Update
CEO Is Upbeat Looking Into the Second Half of 2010
NEW YORK, NY -- (Marketwire) -- 06/29/10 -- InternetArray, Inc. (PINKSHEETS: INAR) provided a review and update on year-to-date activities. The company has had a very productive start to the year, in particular with one of its investments Noobis, Inc. To recap:
-- InternetArray reported healthy 2009 numbers with net income of
$240,043 on $873,422 total income (full statement
http://bit.ly/aMvMDU)
-- Noobis expanded into the lucrative mobile applications market (full
story: http://bit.ly/9VSxzu)
-- Noobis is on track for record revenue growth expecting to grow 400%
this year (full story: http://yhoo.it/bWuZ5E)
-- Noobis has a Parent Monitoring application for Facebook in development
(full story: http://bit.ly/aYEKjk)
-- Noobis is just completing the first of four online treasure hunts for
a grant award that uses its Amplify product (full story:
http://bit.ly/as0gxe)
For the second half of this year:
-- InternetArray is looking into ways to combine its
PremierGoldTraders.com with an online pawn shop to increase market
size and penetration.
-- InternetArray is analyzing the market and development for expanding
BidSellBuy to re-launch as a generalized auction site including all
items instead of travel focused.
-- Noobis is concentrating on releasing a number of applications for
Facebook and mobile devices. The first of these is in closed beta and
will be released in the next two weeks.
"The first half of the year has been productive and I believe telling of a very successful year," said Michael Black, CEO of InternetArray. "We like our position in the marketplace and are going to be very aggressive in the upcoming months with our various business units and creating value for our shareholders. Of these business units, we are most excited about our investment in Noobis."
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company's mission is to identify and develop collaborative business partners into viable and profitable companies.
About Noobis, Inc. (www.noobis.com)
Noobis, Inc. develops and integrates social media applications and networks. In addition to building its own Internet assets and technologies, Noobis works with clients and partners to leverage the emerging social media marketplace.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
Contact:
Michael Black 410-295-3388 contact@internetarray.com
Latest News Headlines for USEC Inc
USEC: Cos Complete First $75M Of $200M Three-Phased Investment
53 minutes ago - T
USEC: Funds For Activities Related To American Centrifuge Plant In Piketon, Ohio
53 minutes ago - T
USEC, Toshiba And B&W Close On First Phase Of Strategic Investment
NEWS!
--Solidifies the strategic relationship between USEC, Toshiba and B&W
--Investment receives key regulatory approvals
USEC Inc. (NYSE:USU) today closed on the first phase of a strategic investment in the company by nuclear power industry leaders The Babcock & Wilcox Company (NYSE:BWC) and Toshiba Corporation (TOKYO:6502). This investment of $75 million will be used for continued progress on activities related to the American Centrifuge Plant in Piketon, Ohio and general corporate purposes.
In May 2010, USEC announced that Toshiba Corporation and Babcock & Wilcox Investment Company, an affiliate of The Babcock & Wilcox Company (B&W), signed a definitive agreement to make a $200 million investment in USEC over three phases. Phase one closed today. Closing on phase two of the investment of $50 million will occur when, among other things, USEC secures a conditional commitment on a loan guarantee from the U.S. Department of Energy (DOE). The balance of the investment - $75 million - in phase three is conditioned, among other things, on closing on a $2 billion loan under DOE's loan guarantee program for the American Centrifuge Plant and USEC shareholder approval of certain matters. At the end of July, USEC submitted a comprehensive update to its application to obtain a DOE loan guarantee.
"This investment is an important vote of confidence by two leaders in the nuclear power industry and will strengthen the deployment of the American Centrifuge Plant," said John K. Welch, USEC president and chief executive officer. "Further, this is another essential step in the development of a strategic relationship that we believe will create new business opportunities for all three companies as the global fleet of nuclear power reactors grows."
"As energy needs grow around the world, we are very pleased to expand our role in the nuclear renaissance," said Yasuharu Igarashi, corporate senior vice president of Toshiba. "Nuclear power is safe and reliable, and it is a key element in the solution to carbon emissions."
"This investment also initiates the formation of American Centrifuge Manufacturing, a joint venture between B&W and USEC which will provide integrated manufacturing and assembly of centrifuge machines for USEC's American Centrifuge Plant," said S. Robert Cochran, President of Babcock & Wilcox Technical Services Group, Inc. "In addition, this investment will allow B&W, Toshiba and USEC to build on their relationship by creating new opportunities for their organizations."
In connection with their investment, Toshiba and B&W elected two new members to USEC's Board of Directors. These directors are Hiroshi Sakamoto, senior vice president and board director, Toshiba America Nuclear Energy Corporation, a subsidiary of Toshiba Corporation, and Michael S. Taff, senior vice president and chief financial officer of B&W.
Closing on the first phase of the investment follows a review of the investment by the U.S. Nuclear Regulatory Commission and DOE and, with respect to Toshiba's investment, by the Committee on Foreign Investment in the United States.
Additional details regarding the investment are described in USEC's Current Report on Form 8-K filed with the SEC today and can be accessed at www.usec.com.
Forward-Looking Statements
The information provided in this news release contains "forward-looking statements" -- that is, statements related to future events. In particular, this news release contains forward-looking statements with respect to , among other things, the completion of the remaining two phases of the transactions, the American Centrifuge Manufacturing joint venture between B&W and USEC, and the ability of the parties to achieve the benefits of any strategic relationships. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "plans," "believes," "will" and other words of similar meaning. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These forward-looking statements are based on current management expectations and involve a number of risks and uncertainties, including, among other things: risks related to the completion of the remaining two phases of the transactions, including the parties' ability to satisfy the significant closing conditions in the securities purchase agreement governing the transactions; difficulties in the operation of the American Centrifuge Manufacturing joint venture and the inability to satisfy applicable investment conditions; the ability of the parties to achieve the benefits of any strategic relationships; risks related to the deployment of the American Centrifuge technology, including risks related to performance, cost, schedule and financing; USEC's success in obtaining a loan guarantee for the American Centrifuge Plant, including USEC's ability to address the technical and financial concerns raised by the U.S. Department of Energy ("DOE"); USEC's ability to raise capital beyond the $2 billion of DOE loan guarantee funding for which USEC has applied; the impact of the demobilization of the American Centrifuge project and uncertainty regarding USEC's ability to remobilize the project and the potential for termination of the project; and USEC's ability to meet milestones under the June 2002 DOE-USEC Agreement related to the deployment of the American Centrifuge technology. If one or more of these or other risks materialize, actual results may vary materially from those expected. For a more complete discussion of these and other risk factors, please see USEC's and B&W's filings with the Securities and Exchange Commission, including USEC's Annual Report on Form 10-K and quarterly reports on Form 10-Q and B&W's registration statement on Form 10, as amended. USEC and B&W do not undertake to update its forward-looking statements except as required by law.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6416987&lang=en
SOURCE: USEC Inc.
USEC
Media: Paul Jacobson, 301-564-3399
Investors: Steven Wingfield, 301-564-3354
or
Toshiba
Hiroki Yamazaki +81-3-3457-2105
or
B&W
Media: Ryan Cornell, 330-860-1345
Investors: Mike Dickerson, 704-625-4944
BUY
CONFIRMED
USEC INC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 08.19.2010 (12) days ago, when the stock price was 5.1200. Since then USU has fallen -8.20% .
BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 4.5800 ) according to the Rules of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion.
We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=USU&MarketTicker=NYSE&TYP=S
I just pick up some shares on friday. Looking for a bounce.
Looking like a time to buy back in.
Polaroid and RealD team up for premium 3D eyewear, mutual back-patting
Polaroid's iconic instant camera may have retreated into the annals of yuppie history, but the company's original business remains: sunglasses, whose light-spinning lens technology is indeed directly responsible for the Polaroid name and whose new RealD-certified Polaroid Premium 3D variant is the latest attempt to make the brand relevant again. Yes, only seven decades after introducing polarized theater to the world the firm's at it once more, with a line of designer 3D glasses endowed with upstart RealD's enthusiastic recommendation. The glasses should appear at theaters near you soon, though we think it's safe to say that you won't see them distributed in little plastic baggies at the counter -- there's no word on price, but Polaroid's probably calling them "premium" for a reason. PR after the break.
Show full PR text
Polaroid Eyewear and RealD Sign Global License Agreement for Polaroid® Premium 3D Eyewear
ORMOND BEACH, Fla., ZURICH and LOS ANGELES, Aug. 18 /PRNewswire/ -- Polaroid Eyewear, a division of Stylemark AG, and RealD Inc. (NYSE: RLD), a leading provider of 3D technology for cinema, consumer electronics and professional applications, announced today that they have signed a global license agreement to use the RealD brand in conjunction with the launch of a new generation of curved 3D glasses - Polaroid Premium 3D Eyewear.
Under the terms of the agreement, Polaroid Eyewear will distribute its RealD certified Polaroid Premium 3D Eyewear line to movie theaters and cinemas, eye care professionals and other retail channels through its global network of subsidiaries and distributors. Polaroid Premium 3D Eyewear will be compatible with all RealD 3D enabled movie theatres around the world.
"RealD is excited to partner with a brand like Polaroid that has a heritage in polarizing lens technology," said Joseph Peixoto, President of Worldwide Cinema at RealD. "Polaroid Premium 3D Eyewear promises a range of custom frames with precisely curved lenses so moviegoers can fully experience RealD 3D with an uncompromising field of vision and a pair of glasses to match their personal style."
Polaroid Eyewear's launch collection features a range of appealing designs to satisfy demand from all types of movie-goers. And prescription lens wearers are not forgotten, with a range of premium 3D cover styles that fit comfortably over any optical frame. There is even a junior style for the younger audience to enjoy. The collection has been developed under the umbrella of a full 3D vision marketing concept, supporting an easy-to-handle sales system in movie theatre and cinema lobbies, and professional optical and retail channels and will be available soon. All styles feature Polaroid Eyewear's unique 3D formed lenses, differentiating the product from standard 3D cinema glasses provided at theatres and similar products currently available on the market. The product is also fully UV-protective so that a consumer can choose to wear the product outdoors without risk of UV damage.
"We are a brand that is all about technical innovation, style and great value for the money" said Andy Suszko, President of Polaroid Eyewear. "This endorsement from RealD recognizes the high quality of our 3D lenses, made possible only by our unique, patented ThermoFusion™ Technology, the same technology used to make our linear polarized lenses for the highly successful sunglass collections we sell worldwide. We are delighted to be associated with RealD and look forward to working closely with them and their other technology partners as 3D pushes into the consumer electronics mainstream."
Looking for an update on any news out there. Where will this cap out?
Any thoughts on the " RLD " ipo ????
I am in -- Time will TELL.
nice - 18mil dump!
nope!
IF SOMEONE SELLS --- THAT MEANS SOMEONE BOUGHT IT.
yeah -- Nothing is up!
Yes - IMO as well
WAKE UP THE BEAST!
NEWS !!!!!
NEWS !!!!!
NEWS !!!!!
InternetArray, Inc.
(PINKSHEETS: INAR) provided a review and update on year-to-date activities. The
company has had a very productive start to the year, in particular with one of
its investments Noobis, Inc. To recap:
-- InternetArray reported healthy 2009 numbers with net income of
$240,043 on $873,422 total income (full statement
http://bit.ly/aMvMDU)
-- Noobis expanded into the lucrative mobile applications market (full
story: http://bit.ly/9VSxzu)
-- Noobis is on track for record revenue growth expecting to grow 400%
this year (full story: http://yhoo.it/bWuZ5E)
-- Noobis has a Parent Monitoring application for Facebook in development
(full story: http://bit.ly/aYEKjk)
-- Noobis is just completing the first of four online treasure hunts for
a grant award that uses its Amplify product (full story:
http://bit.ly/as0gxe)
For the second half of this year:
-- InternetArray is looking into ways to combine its
PremierGoldTraders.com with an online pawn shop to increase market
size and penetration.
-- InternetArray is analyzing the market and development for expanding
BidSellBuy to re-launch as a generalized auction site including all
items instead of travel focused.
-- Noobis is concentrating on releasing a number of applications for
Facebook and mobile devices. The first of these is in closed beta and
will be released in the next two weeks.
"The first half of the year has been productive and I believe telling of a very
successful year," said Michael Black, CEO of InternetArray. "We like our
position in the marketplace and are going to be very aggressive in the upcoming
months with our various business units and creating value for our shareholders.
Of these business units, we are most excited about our investment in Noobis."
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early stage
Internet companies. The Company's mission is to identify and develop
collaborative business partners into viable and profitable companies.
About Noobis, Inc. (www.noobis.com)
Noobis, Inc. develops and integrates social media applications and networks. In
addition to building its own Internet assets and technologies, Noobis works with
clients and partners to leverage the emerging social media marketplace.
This press release may contain certain statements that are not descriptions of
historical information, but are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of
1934. These forward-looking statements refer to matters that involve risks and
uncertainties. Such statements reflect management's current views and are based
on certain assumptions. Actual results could differ materially from the
assumptions currently anticipated.
Contact:
Michael Black
410-295-3388
contact@internetarray.com
SOURCE: InternetArray, Inc.
CONTACT: mailto:contact@internetarray.com
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Hardware
Computers and Software:Internet
Professional Services:Advertising, PR and Marketing
Computers and Software:Peripherals
Computers and Software:Software
Computers and Software:Networking
BIG THINGS!