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PGNF .35x.36
HVLN- Woke up today. Someone bought 111k shares at .388. Gonna come off greys soon. Just a head's up..not sure what is going on but wanted to alert anyone still holding.
http://www.investorshub.com/boards/read_msg.asp?message_id=15340527
PGNF on sale again .026x.028
That new focus pick (NWOG) still getting killed...anyone care to guess a bottom?
NWOG-Been watching and DDing since Rig's post. Might join you soon. Kinda curious how low this goes..lot's of negativity today on their board.
Indulge me a moment more...If you were CEO of this company wouldn't you take advantage of a 50% drop in share price to buyback a few million or more shares? It might be interesting to check back again with TA in a few days...
That is down from the 87M in this PR.---buyback?
Playstar and Function Inc joint venture to launch SMS Peer to Peer SMS and Online games
10:04a ET November 16, 2006 (PR NewsWire)
Playstar Corporation is pleased to announce PLYCF has signed a joint venture agreement with Function Inc. for worldwide distribution of its proprietary SMS Peer-to-Peer (P2P) Text Message (SMS) and Online games. Within 90 days Function Inc. will roll out their first series of proprietary SMS and Online games driving adoption rates via P2P, Affiliate, Referral and Organic Marketing.
Our Peer-to-Peer games allow friends to connect and play against one another from anywhere in the world. It fosters referral driven growth, most of which will come in the form of friends challenging one another to compete in a variety of different skill games. This type of organic marketing will have extremely positive effects on our consumer adoption rates. Simply put: it is tough to turn down a friend's challenge for a quick game via text message. The ability to capture new players immediately coupled with our retention capabilities will result in our accelerated emergence as leaders across this extremely lucrative industry.
Under this agreement Playstar will issue 10 million restricted shares to give us now 87,933,246 fully diluted. Playstar will initially fund this venture a commitment of $400k to implement final stages of development and bring to market with all the carriers in the North America immediately.
Stewart Garner comments "this joint venture allows SMS games developed with proprietary software to be brought to market within 90 days to all cellular phone carriers. Marc Askenasi is a leader in the SMS field and we welcome his expertise to our other ventures. He has agreed to help us in other areas of Playstar's SMS business. Our first goal immediately is to file patents and trademarks so we may release theses applications to the marketplace. We have kept our shares outstanding to a minimum for this key acquisition as our goal is not to dilute the shareholders anymore than possible. We are at an exciting time in our development and this acquisition along with upcoming events truly puts us in a dominant position as a SMS provider of content."
Marc Askenasi states "We are extremely excited about this joint venture opportunity and look forward to rolling out simple, fun and most importantly, FREE Peer-to-Peer (P2P) games that appeal to all consumer demographics. In a world of Premium Rate SMS services, we are excited to deviate from this model and remove all the existing restraints on consumer adoption rates. How do we plan to achieve this? As opposed to creating a marketing strategy based on our games, we are creating our games based on our marketing strategy. Collectively, Function Inc. and Playstar Corp. are positioned to drive consumer adoption rates and usage exponentially emerging as the dominant player of P2P Text Message games."
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.
SOURCE Playstar Corporation
PLYCF-Looks like it wants to go up today .044x.046
PLYCF- Trying to make a comeback here EOD
added 11k at .042
speaking from memory...wasn't Dennis last spotted in Nashville? He is still doing work under the Loftwerks name there. someone here posted about meeting him and asking him a few questions after the sljb/lfwk merger. Good luck to all here.
PLYCF-starting to look better...
added 50k at .048
TELA- Hey what do you know? .51 I'm green..
TELA- ok, I'll bite...in for a few. (hey, I was in SLJB how much of a gamble can this be??)
PLYCF- Added at .081 also
Can we please take SLJB of our focus picks list? TIA...
SLJB-So are you all laughing cause you sold already or laughing because you would rather not cry?
HVLN- Should be interesting to watch today as it begins trading.
KING-Added this morning at .075
AWYB- cusip change...gonna run today
ODYC 1.85 x 1.87 continuing a steady rise.
Float is 440M. What is the big deal? 3B Authorized, ok so what as long as the float is the same?
Estimated Market Cap: 693,600 as of 2006-10-20 (based on Outstanding Shares as of 2006-10-10)
Authorized Shares: 3,000,000,000 as of 2006-09-12
Float: 440,000,000 as of 2006-10-10
Number of Shareholders of Record: 213 as of 2006-10-10
BLDV- Dip .015x.017
ODYC 1.76x1.77 continuing a steady climb (New IPO last week)
I expect next week to be bumpy. Everyone has different timelines. Lots of folks will flip for the quick profit, others will buy believing that by 2007 these prices will seem a steal. My bet, we see .30's on AF's then bounce around like a yo-yo until everything settles and we resume a steady rise with new deal anouncements and steady institutional buying.
Edit= ODYC 1.68x1.70
BLDV- .02 is being stubborn.
ODYC - (TING) New IPO this week 1.62x1.64
BLDV- Joined you at .02
ODYC-showing a gap this morning. $1.60x1.65
ODYC-Hanging tough with low volume 1.57x1.60
TING - 1.50x1.55 in for a little.
TING 1.48x1.49 New IPO what do you all think?
Odyne Corporation Acquires Technology Integration Group in Merger Transaction
Wednesday, October 18, 2006 09:00 ET
HAUPPAUGE, N.Y., Oct 18, 2006 (BUSINESS WIRE) -- Technology Integration Group, Inc. (OTCBB:TING) announced today the closing of a $3.1 million private placement and the concurrent merger with Odyne Corporation, a Long Island-based plug-in hybrid electric propulsion system design firm and manufacturer. The combined company will operate under the name Odyne Corporation and will assume and execute Odyne's business plan as its sole business. Odyne's shares will be initially quoted on the OTC Bulletin Board under the trading symbol "TING."
Odyne has created innovative hybrid electric vehicle technology which can be applied to Class 6, 7 and 8 vehicle platforms, including medium and heavy-duty trucks, transit and school buses, refuse trucks and utility vehicles. Odyne's plug-in hybrid electric drivetrain system can be utilized as an all-electric vehicle, or as a plug-in hybrid electric vehicle (known as PHEV technology), utilizing conventional fuels such as diesel or gasoline, or the "clean" domestic American fuels of natural gas, bio-diesel or propone.
Odyne believes the fuel agnostic and plug-in capability of its systems sets Odyne apart from its competitors, and provides users with an environmentally-friendly vehicle with lower emissions and lower operating costs. Additionally, the "plug-in" capability allows fleet operators to utilize electrical energy from the "grid," which is generally produced from domestic fuels and is currently cheaper per mile than conventional fuel, and believed to be more efficient and cleaner.
Odyne believes market demand for its system will be driven by uncertainties regarding world petroleum reserves, the influence of unstable and unfriendly governments on world oil production, the imperative to attain clean air requirements and reduce greenhouse gas emissions and maximizing the ability to shift from imported fuels to domestic energy sources.
Odyne is led by Roger M. Slotkin, Chief Executive Officer, and Joshua A. Hauser, President and Chief Operating Officer, with a combined 65 years of business experience in technology and finance, along with system designers and company founders Joseph M. Ambrosio, Executive Vice President of Engineering and Chief Technology Officer, and Konstantinos Sfakianos, Executive Vice President of Operations. The company's business and growth strategy encompass proprietary battery management technology, unique systems architecture, and a modular/scalable configuration for application to municipal and private fleet transportation needs.
Roger M. Slotkin, Odyne's Chief Executive Officer, commented, "The private placement and merger transactions are significant to Odyne. They give us the resources to fill existing orders for the plug-in hybridization of transit buses, refuse trucks and recycling trucks, and enable us to continue to participate in this significant market." Mr. Slotkin continued, "Growth for Odyne is a win, not only for a Long Island company, but for the Long Island region, New York State, our country and our environment. Maintaining the tradition of technology development will bolster economic development in the region, create new jobs and enhance Long Island's reputation as a high-tech leader. Our motto is 'Where technology meets the environment.'"
About the Private Placement Transaction
After the closing of the merger and private placement, Odyne had 22,046,022 shares of Common Stock outstanding, inclusive of 3,033 shares of Series A Convertible Preferred Stock (which are convertible into 4,046,022 shares of Common Stock at any time). Odyne also had outstanding warrants to purchase 2,546,694 shares of Common Stock, and stock options to purchase 505,000 shares of Common Stock.
The securities sold in the private placement and the merger have not yet been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States in the absence of an effective registration statement or exemption from registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
About Odyne Corporation
Odyne Corporation is a clean technology company that develops and manufactures propulsion systems for advanced Plug-in Hybrid Electric Vehicles for medium and heavy-duty trucks and buses by integrating its proprietary electric power conversion, electric power control and energy storage systems with a range of off-the-shelf components including electric motors and storage batteries. Odyne's Plug-in Hybrid Electric Vehicle systems are series configuration hybrids that offer customers significant advantages when compared to the more familiar parallel architecture found in hybrid passenger cars. Odyne's environmentally friendly and cost-effective Plug-in Hybrid Electric Vehicle systems allow vehicles to operate at lower costs and with lower vehicle emissions.
Forward-Looking Statements
This news release contains certain "forward-looking statements," related to the business of Odyne which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product development and commercialization, regulatory actions or delays, the ability to obtain or maintain patent and other proprietary intellectual property protection, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the U.S. Securities and Exchange Commission. Odyne is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE: Odyne Corporation
Crescendo Communications, LLC
David K. Waldman, 866-787-8619
odyne@crescendo-ir.com
Copyright Business Wire 2006
Going to test .03 again soon.
PLRS-Trying to close near HOD .0285 now.
PLRS--2nd assault on .03 imminent.
.0281x.0285
ARCA and TRAC just sucking up everything!
PLRS--- .03's are here!