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Top This One For A Speeding Ticket
Two California Highway Patrol Officers were conducting speeding enforcement on I-15, just north of the Marine Corps Air Station at Miramar . One of the officers was using a hand held radar device to check speeding vehicles approaching the crest of a hill. The officers were suddenly surprised when the radar gun began reading 300 miles per hour. The officer attempted to reset the radar gun, but it would not reset and then turned off.
Just then a deafening roar over the treetops revealed that the radar had in fact locked on to a USMC F/A-18 Hornet which was engaged in a low flying exercise near the location.
Back at the CHP Headquarters, the Patrol Captain fired off a complaint to the USMC Base Commander. The reply came back in true USMC style:
~
Thank you for your letter. We can now complete the file on this incident.
You may be interested to know that the tactical computer in the Hornet had detected the presence of, and subsequently locked on to your hostile radar equipment and automatically sent a jamming signal back to it, which is why it shut down.
Furthermore, an Air-to-Ground missile aboard the fully armed aircraft had also automatically locked on to your equipment location...
Fortunately, the Marine Pilot flying the Hornet recognized the situation for what it was, quickly responded to the missile system alert status and was able to override the automated defense system before the missile was launched to destroy the hostile radar position.
The pilot also suggests you cover your mouths when cussing at them, since the video systems on these jets are very high tech.
Sergeant Johnson, the officer holding the radar gun, should get his dentist to check his left rear molar. It appears the filling is loose. Also, the snap is broken on his holster.
Thank you for your concern.
Semper Fi
What Does SEC Form NT 10-K Mean?
A filing with the Securities and Exchange Commission (SEC) that a company must submit when it is unable to file its 10-K, or similar form, on time. After submission of the SEC Form NT 10-K, the company must then file its 10-K within 15 days. The 10-K is an annual report that provides a comprehensive overview of the company's business activities. This report must be filed within 90 days of the end of the company's fiscal year.
MyECheck Inc. Announces Year End 2008 Results Showing over 2,000% Transaction Processing Growth Compared to Previous Year
Electronic Transaction Processor Boosts Revenues and Increases Client Base
SACRAMENTO, CA – MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce its Year End 2008 financial results for the period of January 1, 2008 to December 31, 2008.
Revenues recorded for the twelve months ending December 31, 2008 were $548,159 compared to $46,051 for the same period in 2007; an increase of over 1000%.
The Company processed over $90 million for the twelve months ending December 31, 2008 compared to $4 million for the same period in 2007; an increase of over 2000%.
The Company recorded revenues of $222,267 for the Fourth Quarter as compared to $156,174 for the Third Quarter; an increase of 41% on a quarter-to-quarter comparison basis.
The Net Loss from Operations in 2008 was $1,003,376 compared to $710,469 for 2007, which the Company attributes to increased G & A as operations continue to ramp up. Notably, the company has seen growth of over 40% in each quarter to quarter period in 2008 and is building its infrastructure to meet the continuing demand.
The company noted that expansion in transaction processing volume and revenue is accelerating as more processors and merchants go live on the MyECheck system. This increased growth in clients should offset the increased expenses as the Company is now situated well to manage the growth.
Ed Starrs, CEO of MyECheck, commented, “We reached a major milestone this year by processing over $90 million. We added a number of new clients during the Fourth Quarter, and will start to capitalize on results as they go live in the coming months. We expect to see more positive results from existing clients during 2009, and our sales team will continue to build our MyECheck brand across a number of industries and businesses.”
About MyECheck
MyECheck Inc. is a leading electronic transaction processor and provider of alternative payment solutions to credit cards for brick & mortar, internet, and mobile commerce. MyECheck utilizes a patented method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and cost effective payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck provides merchants with financial access to more customers than any other payment method.
Please visit www.myecheck.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.
Patrick Lowry
916.932.0089
ir@myecheck.com
We must be cleaning out those shorts! Good things to come.
Form NT - I called it
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number: 000-51529
X Form 10-K Form 20-F Form 11-K Form 10-Q Form 10-D Form N-SAR
Form N-CSR
For period ended: December 31, 2008
Transition Report on Form 10-K
Transition Report on Form 20-F
Transition Report on Form 11-K
Transition Report on Form 10-Q
Transition Report on Form N-SAR
For the Transition Period Ended: N/A
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
PART I B REGISTRANT INFORMATION
S2C GLOBAL SYSTEMS, INC.
Full Name of Registrant:
105-5119 BECKWITH BLVD.
Address of Principal Executive Office
SAN ANTONIO, TX 78249
City, State and Zip Code
PART II B RULES 12b-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed.
X
(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
X
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
(c) The accountant=s statement or other exhibit required by Rule 12b-25(c) has been attached, if applicable.
PART III B NARRATIVE
The Company is unable to file its annual report on Form 10-K for the period ended December 31, 2008 within the prescribed time period due to its difficulty in completing and obtaining required financial and other information without unreasonable effort and expense.
PART IV B OTHER INFORMATION
(1)
Name and telephone number of person to contact in regard to this notification
Alejandro Bautista
210
561-6015
(Name)
(Area Code)
(Telephone Number)
(2)
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).
X Yes
No
(3)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
Yes
X No
S2C GLOBAL SYSTEMS, INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 31, 2009
By: /s/ Alejandro Bautista
Name: Alejandro Bautista
Title: President
Oh gawd
The “Newspaper Revitalization Act” was introduced this week by Senator Benjamin Cardin, a Democrat from Maryland.
“We are losing our newspaper industry the economy has caused an immediate problem, but the business model for newspapers, based on circulation and advertising revenue, is broken, and that is a real tragedy for communities across the nation and for our democracy. It is in the interest of our nation and good governance that we ensure they survive” said Senator Cardin.
http://www.chartingstocks.net/2009/03/mainstream-media-bailout-bill-introduced/
I hope not ;)
I am under water right now :(
Should be a good 10KSB with all the growth last year.
I have marked your post!
Form NT 10-K around the corner???
http://www.yorkvilleadvisors.com/ is dumping any stock they have left over from the convertible debt.
That is such bull - they were never going to do a merger.
Supposed to be a good week, so pick it up while you still can!
Monday shaping up well
Buy Volume exceeding the sell!
That 100,000 block was a sell - still it moved tick up
Wonder if they will file 10KSB late with new accounting firm?
Uh oh
Item 4.01
Changes in Registrant’s Certifying Accountant.
By action of the Registrant's Board of Directors on March 9, 2009, MacKay LLP, Independent Registered Public Accounting Firm, the independent registered public accounting firm who had been engaged as the principal accountant to audit the Registrant's financial statements, was dismissed.
On March 9, 2009, the Board of Directors of the Registrant approved the engagement of Pritchett, Siler & Hardy, PC, Certified Public Accountants, as the new independent registered public accounting firm.
During the fiscal year ended December 31, 2007 and the subsequent interim periods until the change, there were no disagreements with MacKay LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of MacKay LLP would have caused them to make reference in connection with their report to the subject matter of the disagreement, and MacKay LLP has not advised the Company of any reportable events as defined in Item 304(a)(1)(v) of Regulation S-K.
The report of independent registered public accounting firm of MacKay LLP as of and for the year ended December 31, 2007, did not contain any adverse opinion or disclaimer of opinion, nor was it qualified or modified as to audit scope or accounting principle. The report contained a "going concern" modification.
During the year ended December 31, 2008, and through March 9, 2009, the Company did not consult with Pritchett, Siler & Hardy, PC regarding any of the matters or events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.
A copy of the forgoing disclosures was provided to MacKay LLP prior to the date of the filing of this report. MacKay LLP has furnished the Company a copy of the letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements above.
Looks like the stock is back in play. Could be .10 in no time.
It was a buy
Thanks to whoever sold me some cheap shares today :)
270,000 shares today - sign of things to come.
Seeing some volume today.
Yea...it's going to explode
2 posts - wow, good for you
I sure hope so...I am underwater on this one.
Phantom Fiber Corporation Shuts Down Its Operation
On February 2nd, 2009, a lot of US facing online gaming operators will be forced to close down their mobile betting options for their players after Phantom Fiber Corporation announce that they will default their debt obligations and are planning to terminate their employees. Victory Park Credit Opportunities Master Fund serve notice to the Phantom Fiber Board after the organization failed to make payments due under the terms of forbearance agreement entered into on May 31st, 2008.
Phantom Fiber has been unable to produce enough cash from gaming operations or equity financing to fulfill its cash obligations and has also been unable to modify the terms of the Agreement with Victory Park. Phantom Fiber Corporation was founded in January 2002 by Chief Executive Officer Jeff Halloran after discovering the limitations of an existing wireless technology during the implementation period of an online banking system for a Canadian bank.
From this experience, Phantom Fiber's one-of-a kind Advanced Wireless Platform was made, designed to give important data, transactions and customer presentations features to mobile devices on worldwide communication networks. Some of the directors/principals that resigned from the company include Stephen Gesner and Dennis Logan who served as the Chairman of the Audit Committee of Phantom Fiber's Board of Directors.
Konstantine Lucas and Shimon Constante served on the Compensation Committee of the group's Board of Directors. CEO Jeff Halloran is the only remaining officer of Phantom Fiber. Phantom Fiber services mobile wagering platform for online gaming software providers like Digital Gaming Solutions, Realtime Gaming, Parlay Entertainment, IQ Ludorum and Excapsa.
February 25, 2009
We definitely need an update guys!
Good time to buy...
MyECheck Provides Update on Increased Sales & Marketing Efforts
EL DORADO HILLS, CA -- (Marketwire) -- 03/03/09 -- MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to provide its shareholders with an update as to ongoing operations so far this year
* MyECheck sales efforts have been focused on larger accounts involving longer sales cycles with the company reporting that it has multiple major accounts in its sales pipeline.
* As part of this increased effort, MyECheck has added additional sales resources including Director of Business Development, Joe Benguerel, and National Sales Manager, Mark Hasik.
* A number of smaller clients and merchants have been signed and are now in the process of being integrated.
* MyECheck has been developing and has now completed a sophisticated transaction auditing software utility. Although MyECheck developed the new software service specifically for use by a major government account, it can be used by all MyECheck merchants to enhance the security of their reporting.
* MyECheck has also completed integration with two new major banks, with another major bank in the integration process. The new bank relationships will enable certain merchants that have an existing relationship at those banks to use MyECheck services without opening a merchant account at a new bank.
* In today's economy, speed of collection is one of the most important features in the cycle of billing. So, the Company is also focusing on mortgage companies, insurance companies, credit card companies and many others who are using Remote Check Capturing to collect recurring payments from their customers.
Trillions of dollars are processed as checks annually and MyECheck allows companies like these to fully automate, eliminate paper from their process, and speed collection by at least 2 days.
Ed Starrs, CEO of MyECheck, commented, "The Company continues to sign on new clients in the current economic climate as ecommerce businesses strive to find new ways to reduce their overhead, while increasing their sales. 2009 is the year that we find ourselves working diligently to build MyECheck into a electronic transaction processor by presenting these same companies with cost-cutting payment processing services."
Volume trickling in...good time to buy before the next run
Great volume - looks like the swells are building again. Do we see 10 cents again soon?
every time I see them boxing a bid/ask I wonder why there are rules at all
May show as both sell (s), but looks more like a cross?
not a cross either...looks like lots of selling verus buying
sell vol 767k
buy vol 251k
Orphan earmarks
The $410 billion budget bill now in the Senate includes at least 458 projects totaling nearly $227 million that were inserted into the bill at the sole request of former members of Congress. Here are the projects and their sponsors:
http://www.usatoday.com/news/washington/2009-03-04-earmarks_N.htm
Buy Volume 559,990
Sell Volume 176,510
? Volume 97,350
Good video - Frontline
http://www.pbs.org/wgbh/pages/frontline/meltdown/view/
On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.).
it's got volume...now needs some good follow up news :)
Mortgage help: Do you qualify?
http://money.cnn.com/2009/03/04/real_estate/Obama_foreclosure_plan/?postversion=2009030411
highlights:
Borrowers would also receive incentive bonuses, in the form of principal reduction, of up to $1,000 a year for five years for making payments on time. (I pay stuff on time...where's my bonus for doing what's supposed to be normal???)
The program will also not reward homebuyers who were irresponsible in their borrowing. All applicants will be closely examined by lenders and those who acted unscrupulously by, for example, misrepresenting their incomes in no-doc loan applications, would not qualify. (frickin awesome...maybe they could penalize the mortgage brokers who gave them the financing in the first place)