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.
IGTN nice steady rise. Looking good.
BTW only 60 mil float... explosive combination. GN
ZNNC man I thought that thing won't go for another quarter. I guess that funding it got gave it some emf.
Agree BB. IGTN will be coming out with revenue numbers soon, and moving to the OTCBB, thus forcing the MM's to cover and the stock to move upward within a short period of time. BTW TA says 100% buy short and medium term.
IGTN looks ready for the next leg up.
DDSI: To Our Shareholders:
DDSI is changing, evolving, and improving every day.
When we purchased CGM in March 2005 we were very excited: We recognized the potential for big growth, and we were ready to make changes in both philosophy and infrastructure to accomplish just that. Now, only a few short months later, we are seeing some very positive results.
The market for our products is brimming with opportunities. DDSI has integrated several CGM Applied Security Technologies’ products and demand for our CPC-32 ID products, which focus on image capture and record retention, have already been subject to competitive influence. Building on our successes, we plan on expanding our software products beyond the Criminal Justice Markets to the much broader Homeland Security Market, which will open even more doors for us. Homeland Security is a catch-all phrase, but signifies the breadth of potential security applications for our products, including product and personal identity, supply chain security (including shipping, trucking and distribution), healthcare, pharmaceutical, manufacturing, transportation and education.
The ultimate objective is to expand sales of our tried and proven products. Our CGM subsidiary has over 2000 customers ranging from the US Government to major multi-national corporations. We have added several distributors to our global distribution network, and the newly hired/trained sales personnel are on the streets. We are attending more trade shows and implementing an advertising campaign to boost our presence in the Security Market.
To increase awareness of our company name and products, we’ve put an investor relations program into place, which we anticipate to be in full swing in September. A press campaign has been initiated, with more planned in the coming months. Concurrently, a new Web-presence is being worked on along with a branding campaign. This all works toward our goal of "reinventing" the DDSI entity: This is a new company and our goal is to let the world know about it.
Our stock performance has an estimated volume of over 300 million shares traded in the last 3 months. That’s more than double the 140 million traded in the prior three month period. The price has remained fairly steady which we credit toward our marketing efforts. We expect to do even better in volume as our awareness program continues.
Our dynamic management team brings a wealth of experience, expertise, and incredible dedication to growing sales and revenues. Internally, we have revamped the infrastructure of the two combined companies. This enables us to obtain the necessary management information in order to make better decisions, quickly.
The recent upgrades to our accounting and control system will enable us to get our financial information out to the public on a timely basis. Additionally, we are in the process of redoing our Somerset, NJ Distribution and Operations facility, in order to streamline our fulfillment processes. Our dedicated crew at the Staten Island, NY production facility are working effectively—always looking to improve cost and efficiency.
I’m very proud of what we have already accomplished, knowing we will continue to prosper as we strive to reach our ultimate goals. I also strongly believe that the fruition of all of the things we have in place will help us continue to successfully reposition our company with ongoing positive results for our shareholders and customers.
Thank you, as always, for your confidence.
Anthony R. Shupin
President and CEO
[Signing off]
Fat fingers: 400K @ 0.255 of SCXC MAN!!!
DDSI taking a nice dip. Now 0.0016.
Agree it should move higher. There are some holding from 0.0035. I'm out for the most part, but will gladly add should it dip again. Next week the 10Q will be amazing.
No way! SSTY is trading again! Just found out now. Cool! It looks like it continued from where it was halted. Cool again!!
IGNT looks like news is coming:
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com CXTI, PLKC, IGTN, ARCS
Rochester, NY, Aug 17, 2005 (M2 PRESSWIRE via COMTEX) -- OTCStockExchange.com's "Stock Watch Alert" this morning are China Expert Technology, Inc. (OTCBB: CXTI), PlanetLink Communications Inc. (OTCBB: PLKC), Ingen Technologies, Inc. (Pink Sheets: IGTN), ARC Wireless Solutions, Inc. (OTCBB: ARCS).
SSTY now showing 0.02. Nice!
DDSI looking strong
DDSI now 0.0024?? WOW
DDSI now 0.0019
DDSI is moving quick. Now 0.0017. Today the seminar it is participating in ends. Maybe more news at the end of this quick. Next week 10Q for 2nd quarter comes out.
DDSI ut
From last 10Q: As of April 1, 2005, there were 304,511,994 shares of common stock issued and outstanding. Looks good. The volume indicates the OS is that small. It might not gap in the morning like I said it would, but hoping it starts moving back up.
DDSI gapping up. This is a filing pinkie people. Next week numbers for the second quarter are expected to blow minds.
I inquired about this to the CEO, but I found my answer in the last 10Q:
The consolidated financial statements include the accounts of CGM Applied Security Technologies, Inc. ("CGM Sub") a wholly owned subsidiary from March 1, 2005 the date of acquisition, to March 31, 2005.
[All I can say is yeeeeehaaaaaaaa!!! Meaning expect a humongous jump in revenues in the next 10Q.]
I'm holding. Can't wait to see the company's 10Q for the 2nd quarter next week. We have been down for three days now, oversold. We should start moving back up. Likely news this week on what happened at the Marine Transportation and USDOT Seminar taking place on the 15th-17th of this month. I admit the company's websites are bummers, but who cares when its subsidiary is making 4 mil per year.
DDSI now 0.0012. Good time to enter/add.
DDSI getting some volume: 132 mil. Max volume was approx. 250 mil.
Well the sp tells me it isn't good at all. Is this a coincidence? Look:
Wall Street, NYC, Aug 16, 2005 (M2 PRESSWIRE via COMTEX) -- Today, wallstreetgrapevine.com, named; HydroFlo Inc. (OTC BB: HYRF), Nannaco Inc. (OTC BB: NNNC), Spire Corporation (Nasdaq NM: SPIR), and ViroPharma Inc. (Nasdaq NM: VPHM); their "Stocks on the Rise."
[Hmmmmmmmmm]
Nannaco, Inc. Declared in Default on Convertible Debentures
NEW YORK, NY, Aug 16, 2005 (MARKET WIRE via COMTEX) -- Divine Capital Markets LLC, a registered broker dealer located in New York, New York, announced that on August 12, 2005, holders of Nannaco, Inc (OTC BB: NNNC) 2003 convertible debentures issued a notice of default to Nannaco. The debentures are convertible by the holders on demand into Nannaco common stock at a 25% discount to the lowest closing bid price of the 20 trading days immediately preceding the date of conversion. Divine Capital Markets LLC acted as Nannaco's placement agent in connection with the issuance of the debentures. Divine Capital is making this news release to ensure that the issuance to Nannaco of a notice of default is publicly disclosed.
Disclaimers and Safe Harbor statements under the Private Securities Litigation Reform Act of 1995: Divine Capital Markets LLC makes no recommendation with respect to the purchase or sale of any securities of Nannaco, Inc. and expresses no opinion on the advisability of any investment in Nannaco, Inc., the accuracy of the factors cited in the notice of default discussed above, the willingness or ability of Nannaco, Inc. to cure the cited or any other any event of default within the applicable cure period or otherwise or the financial condition or prospects of Nannaco, Inc. Statements in this news release looking forward in time involve risks and uncertainties, including those associated with market risks, actions of third parties and other factors, known and unknown. These statements may be identified by the use of words such as "may," "will," "should," "potential," "expects," "anticipates," "intends," "plans," "believes" and similar expressions. These statements are based on current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties. Divine Capital Markets LLC disclaims any obligation or duty to update or correct any of its forward-looking statements.
For more information contact:
Danielle Hughes
CEO
Divine Capital Markets LLC
212-344-5867
or
Send correspondence to:
4916 Point Fosdick Dr., Suite 102
Gig Harbor, WA 98335
SOURCE: Divine Capital Markets
Copyright 2005 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Financial Services:Investment Services and Trading
Financial Services:Commercial and Investment Banking
NNNC man ouch!!!
SEA GIRT, N.J., Aug 4, 2005 (PRIMEZONE via COMTEX) -- CGM Applied Security Technologies, a subsidiary of Digital Descriptor Systems, Inc. (Pink Sheets:DDSI), an industry leader that develops products for homeland security, including the supply chain and criminal justice markets, will be participating in the USMMA Global Maritime and Transportation School Seminar on August 15 through August 17.
DDSI looks like a buy opp.
IGTN dipping her already LOL
Me too. I see a dime soon after we move to the OTCBB.
JPHC I don't know, but we have been getting some volume lately. Maybe a PR is coming or a p&d.
YP Corp. Announces Third Fiscal Quarter 2005 Results
YP Corp. (OTCBB: YPNT), a leading provider of nationwide Internet Yellow Pages and related services, today reported its financial results for the fiscal quarter ended June 30, 2005.
Net revenue for the quarter ended June 30, 2005 was $6,517,158, an increase of approximately 1% over net revenue of $6,444,609 for the previous quarter. The increase in revenue is primarily the result of an increase in the average number of Internet Advertising Package(TM) advertisers throughout the quarter. For the nine months ended June 30, 2005, the company realized revenue of $19,151,922. Operating income for the quarter ending June 30, 2005 was $321,880, a decrease of approximately 1.6% over operating income of $383,806 the prior quarter. The net loss for the quarter ended June 30, 2005 was $149,784.
There were two non-recurring charges recorded in the fiscal quarter ended June 30, 2005. The first was a pre-tax charge of $282,000 attributable to the reacquisition of shares from the company's major shareholder in exchange for the forgiveness of debt owed to the company and the acquisition of certain intellectual property rights. An additional non-recurring pre-tax charge of $328,000 was taken as the result of an arbitration judgment against the company that is currently on appeal. Both of these charges are included in other income and expense in the company's financial statements.
The company had approximately 108,000 customers at June 30, 2005 compared to approximately 105,000 as of March 31, 2005 and 222,000 customers at June 30, 2004. The year over year reduction in customers was a result of LEC billing issues and the transition of the customer base to ACH billing. The company has provided more information with respect to its customer count metric in the Executive Overview section of Management's Discussion & Analysis of Financial Condition and Results of Operation in its Quarterly Report on Form 10-Q for the fiscal period ended June 30, 2005, which was filed prior to this press release.
Peter J. Bergmann, YP Corp.'s CEO, commented, "We have sustained YP Corp. through a period of high turmoil. Between our issues with Local Exchange Company (LEC) billings, migration of our customer base to ACH, shifts in the market place and an internal reorganization, we are now seeing the beginning of what we expect to be a favorable turnaround. If it were not for the non-recurring charges during the quarter, we would have again had a profitable quarter. As it is, we have hit our internal projections on customer count and net revenue."
YP Corp.'s chief operating officer, John Raven, added, "We continue to take active measures to reduce our customer attrition rates. We are communicating with our customers more regularly and making them aware of the value proposition that YP offers. In short, we believe that we are addressing the challenges and are positioning our company for stability, profitability, and renewed growth in the months ahead."
Financial statements for the period ended June 30, 2005 are set forth below, as well as in the company's Form 10-Q, which were filed with the Securities Exchange Commission promptly prior to this press release.
About YP Corp.
YP Corp., a leading provider of Internet-based Yellow Pages services, offers an Internet Advertising Package(TM) ("IAP") that includes a Mini-WebPage(TM) and Preferred Listing through its Yellow Pages Web site at www.YP.Com. The company's Web site contains listings for approximately 17 million businesses in the United States.
YP Corp. also provides an array of other Internet services that complement its Yellow Pages Web site, including an Internet Dial-Up Package(TM) (dial-up Internet access) and QuickSite(TM) (Web site design & hosting services).
YP Corp. is a longstanding member, exhibitor and sponsor of the two major Yellow Pages trade associations -- Yellow Page Integrated Media Association (YPIMA), the major trade association of Yellow Pages publishers throughout the world, and the Association of Directory Publishers (ADP), which mostly represents independent Yellow Pages publishers. YP Corp. is based in Mesa, Ariz. and Las Vegas. For more information, visit the Web site at www.YP.Com.
Forward-looking Disclaimer
This press release may include statements that constitute "forward-looking statements," which are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance or achievements of YP Corp. and its subsidiary to be materially different from those expressed or implied by such forward-looking statements. Specific forward-looking statements contained in this press release include, but are not limited to, (i) the continued success of the company's efforts to address the challenges it faced during fiscal 2004, particularly with respect to its billing and collections issues; (ii) the company's expectations that it will be able to reduce the dilution level and costs to implement its new billing method to more normal levels over the next few quarters, and (iii) the company's expectation of stability, profitability, and growth in fiscal 2005.
Factors that may affect forward-looking statements and the company's business generally include, but are not limited to, (i) the risk factors and cautionary statements made in the company's Quarterly Report on Form 10-KSB for the year ended Sept. 30, 2004; and (ii) other factors that YP Corp. is currently unable to identify or quantify, but may exist in the future.
Forward-looking statements speak only as of the date the statement was made. YP Corp. does not undertake and specifically declines any obligation to update any forward-looking statements.
YP CORP. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
June 30, Sept. 30,
2005 2004
------------ ------------
(unaudited)
Assets
Cash and equivalents $9,004,290 $3,576,529
Restricted cash 365,000 -
Accounts receivable, net of allowance for
doubtful accounts of $963,654 and
$3,400,575 6,217,833 8,362,283
Prepaid expenses and other current assets 1,187,910 822,919
Income tax refund receivable - 1,239,436
Deferred tax asset 148,362 352,379
------------ ------------
Total current assets 16,923,395 14,353,546
Accounts receivable, long term portion, net
of allowance for doubtful accounts of
$85,522 and $269,662 1,317,970 2,075,334
Customer acquisition costs, net of
accumulated amortization of $3,821,547
and $5,096,669 3,022,645 4,482,173
Property and equipment, net 485,865 725,936
Deposits and other assets 60,919 239,060
Intangible assets, net of accumulated
amortization of $3,139,328 and $2,446,403 4,981,102 3,326,274
Advances to affiliates - 3,894,862
------------ ------------
Total assets $26,791,896 $29,097,185
============ ============
Liabilities and Stockholders' Equity
Accounts payable $ 501,539 $ 1,210,364
Accrued liabilities 767,644 542,481
Income taxes payable 505,458 -
Notes payable- current portion - 115,868
------------ ------------
Total current liabilities 1,774,641 1,868,713
Deferred income taxes 183,099 1,116,314
------------ ------------
Total liabilities 1,957,740 2,985,027
------------ ------------
Commitments and contingencies - -
------------ ------------
Series E convertible preferred stock, $.001
par value, 200,000 shares authorized,
127,840 and 128,340 issued and
outstanding, liquidation preference
$38,202 10,866 10,909
Common stock, $.001 par value, 100,000,000
shares authorized, 48,964,728 and
50,071,302 issued and outstanding 48,965 50,071
Paid in capital 10,577,670 11,375,384
Treasury stock (1,606,131) -
Deferred stock compensation (3,872,075) (5,742,814)
Retained earnings 19,674,861 20,418,608
------------ ------------
Total stockholders' equity 24,834,156 26,112,158
------------ ------------
Total liabilities and stockholders'
equity $26,791,896 $29,097,185
============ ============
YP CORP. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
Three Months Ended Nine Months Ended
June 30, June 30,
------------------------ -------------------------
2005 2004 2005 2004
----------- ------------ ------------ ------------
Net revenues $6,517,158 $16,890,361 $19,151,922 $47,098,181
Cost of services 925,805 8,195,264 2,921,322 19,678,248
----------- ------------ ------------ ------------
Gross profit 5,591,353 8,695,097 16,230,600 27,419,933
----------- ------------ ------------ ------------
Operating expenses:
General and
administrative
expenses 3,320,434 3,271,624 9,886,929 9,142,889
Sales and
marketing
expenses 1,565,536 1,667,040 4,896,063 4,403,385
Depreciation and
amortization 383,503 243,261 977,382 639,173
----------- ------------ ------------ ------------
Total operating
expenses 5,269,473 5,181,925 15,760,374 14,185,447
----------- ------------ ------------ ------------
Operating income 321,880 3,513,172 470,226 13,234,486
Other income
(expense):
Interest expense
and other
financing costs - (5,643) (8,610) (13,310)
Interest income 29,859 104,540 206,621 261,905
Other income
(expense) (584,988) 436,464 (477,535) 782,617
----------- ------------ ------------ ------------
Total other
income
(expense) (555,129) 535,361 (279,524) 1,031,212
----------- ------------ ------------ ------------
Income before
income taxes and
cumulative
effect of
accounting change (233,249) 4,048,533 190,702 14,265,698
Income tax benefit
(provision) 83,465 (1,409,113) (92,982) (4,992,994)
----------- ------------ ------------ ------------
Income before
cumulative effect
of accounting
change (149,784) 2,639,420 97,720 9,272,704
Cumulative effect
of accounting
change (net of
income taxes of
$53,764 in 2005) - - 99,848 -
----------- ------------ ------------ ------------
Net income (loss) $ (149,784) $ 2,639,420 $ 197,568 $ 9,272,704
=========== ============ ============ ============
Net income (loss)
per common share:
Basic:
Income (loss)
applicable to
common stock
before
cumulative
effect of
accounting
change $ (0.00) $ 0.06 $ 0.00 $ 0.20
Cumulative
effect of
accounting
change $ - $ - $ 0.00 $ -
Net income
(loss)
applicable to
common stock $ (0.00) $ 0.06 $ 0.00 $ 0.20
Diluted:
Income (loss)
applicable to
common stock
before
cumulative
effect of
accounting
change $ (0.00) $ 0.05 $ 0.00 $ 0.19
Cumulative
effect of
accounting
change $ - $ - $ 0.00 $ -
Net income
(loss)
applicable to
common stock $ (0.00) $ 0.05 $ 0.00 $ 0.19
Weighted average
common shares
outstanding:
Basic 44,860,228 47,294,551 46,060,709 47,033,977
=========== ============ ============ ============
Diluted 44,860,228 48,096,618 46,296,626 47,805,915
=========== ============ ============ ============
YP Corp., Mesa
Roger Bedier, 480-325-4339 (Investor Relations)
rogerb@ypcorp.com
Source: Business Wire (August 15, 2005 - 6:19 PM EDT)
News by QuoteMedia
www.quotemedia.com
Thanks SA. I got into a ruffle with some guy on allstocks because of me misreading his posts. He said he expects it to bounce at 0.0033, or 0.0002 less today's close. I thought he said he wanted in at 0.0002, so you can imagine the commotion and the arrogance I had to fight off. LOL
Chart for NNNC please SA
I'm still in and hoping it goes like HISC. I had accumulated HISC from the 0.025-0.05 range, but sold most just before it ran to 0.14. I want to avert my previous mistake. One guy claims to have bought 8 million of HISC at 0.006 and held all the way to the top. Lucky guy! But you know, with these pennies, you never which one is the next “lotto ticket,” like some people here would say.
Hopefully SSTY begins trading sometime this week. Here is some interesting info from the recently filed SC-13D that might explain its huge run:
On August 1, 2005, Richard Epstein purchased 133,777,778 shares of Common Stock of the Issuer for an aggregate purchase price of $125,000. The source of funds was personal funds.
[Hopefully that is also the reason why it was halted]
MDII-Bad #'s filed today. I thought it would go up 50% on good #'s, but I guess that isn't going to happen.
IGTN been on the SHO list for 61 days, longer than most. It should have a good strong run.
"CALIMESA, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Ingen Technologies (OTC: IGTN), a medical device manufacturer of OxyAlert(TM), OxyView(TM), Pure Produce(TM) and Secure Balance(TM); is to announce the completion and contents of the audited financial statements, as well as the filing schedule to move to the OTCBB on or before the end of August-2005."
IGTN another where the shorts must cover. Intends to move to the OTCBB.
TNOG ut