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shorts,
where do you see "new CEO" ?
16:06 02/07/2007 DDSI Digital Descriptor Systems, Inc. Common Stock ASVN Allied Security Innovations, Inc. Common Stock 1-500 R/S **
http://www.otcbb.com/asp/dailylist_detail.asp?d=02/06/2007&mkt_ctg=NON-OTCBB
nog eentje hier
CLYP on bid 0.0002 and ask 0.0003 ...
Cash Now Announces Plans To Launch A Test Forex Site
Friday February 2, 6:00 am ET
LAS VEGAS, Feb. 2 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now, is a public company engaged in the design, manufacture, marketing and distribution of customized Internet based payday loan and check cashing software and private label back end office systems, and in the developmental stage of a FOREX Introducing Broker (IB) platform, today announced that it plans to launch a test site (BETA) for the FOREX IB product range by February 28, 2007. The company has set a self-imposed deadline of early second quarter (Q2) to launch the fully functional FOREX site, and start generating revenues. The company plans on releasing the test url to qualified beta testers. The company has also indicated its desire to share the test url in the soon to be launched Virtual Town Hall. "Functionality, and user friendly features are paramount to any online type service providers and Cash Now is no different," added Mr. Richard Sciacchetano, Cash Now's advisor and project manager of the Forex product.
ADVERTISEMENT
The company sees this as an opportunity to not only enhance the product's look, functionality and feel but also as an interactive way to kickstart the FOREX launch. The company confirms that Kevin Price, Cash Now's previous CEO, has started the process of obtaining and filing the necessary documentation to obtain clearances and approvals from the FOREX regulatory agencies to enable Cash Now towards becoming a full service FOREX trader. Mr. Price, who was employed in the past with other investment brokerage agencies, was a natural fit for the new FOREX trade position with Cash Now.
In other company news, the company has began migrating and reprogramming the Trust Vault payday advance back office that runs the Cash Now sub prime. Mr. Garr Winters, Cash Now's CEO said, "This is a delicate process as the Cash Now site is filled with many interactive landing pages. We are being extra careful in so far as making sure no compromises are made and that the FOREX addition does not disrupt our now existing core business and sales. The first quarter of 2007 is shaping out to be quite promising for our license sale division. Cash Now does not issue revenue guidance; however, this is something that we may also revisit in the near future, as the company thrives towards becoming more and more transparent to its shareholders."
Cash Now Background
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Internet model. The company's proven business model includes licensing to corporately operate locations across the U.S., Canada, and Australia. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express, and the industry first real time booking engine.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
--------------------------------------------------------------------------------
Source: Cash Now Corporation
CHNW.PK CASH NOW CORP
Buzz Count: 6
http://thestockhawk.com/new/index.php?controller=hs
Cash Now Finalizes Intermediary Broker (IB) Agreement Enabling to Begin Offering Forex Services
Thursday February 1, 6:30 am ET
LAS VEGAS, Feb. 1 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end office systems. Through its www.cashnow.net site the company offers Internet-based payday loans and other financial utility tools. The company today announced that late last night it did reach and finalize an agreement with Advanced Markets Inc. (AM) to begin offering IB services. AM is a dealer in a over-the-counter foreign currency spot contracts, and is a non-clearing futures commissions merchant with the Commodity Futures Trading Commission and a member of the National Futures Association, pursuant to the Commodity Exchange Act.
ADVERTISEMENT
Mr. Richard Sciacchetano, a Cash Now advisor on IB Forex entry, explained that this is a win-win scenario for both sides. Cash Now's marketing strategy will be to offer a low cost pass through Forex services for clients looking to do their own trades. AM is the industry leader in low commission fee structure. The 2 companies have agreed on a 50%-50% revenue share split.
In other company news the company acknowledges that it has also reached this week an agreement in principle with a London, UK, based International Forex firm to begin offering Forex services to the clients directly, and to trade with its own funds using the UK based firms back office technology and integrated services. Cash Now was required to provide the UK firm's board of directors a comprehensive business plan and its plan of action. "We are very pleased that we have passed that hurdle and that we can now focus on getting to business" said Mr.Garr Winters, Cash Now's CEO. "We are now looking forward to advancing and implementing both of these companies solutions. We are aiming at having Cash Now being able to offer a full service range of Forex products and services to the clients." Mr.Winters added; "the Forex industry is a regulated one. Now that we have passed the compatibility test, Cash Now intends to immediately begin the process of doing the necessary filings and registrations towards moving to being a full service Forex dealer."
Garr Winters, Cash Now's CEO, said "while this product is highly sought after by many and can add thousands of dollars to our revenue stream, Cash Now remains committed to keep providing payday loan and check cashing license systems. Our plans are to keep offering all the products and services we currently offer and to add Forex as the predominant product on our Cash Now.Com main site. Cash Now ranked in the top 40,000 most visited web site on the Internet by Alexa. This is quite an achievement considering that by some reports there are now over 3 billion web sites on the Internet; although the true number is uncertain. Almost all of the traffic generated on Cash Now is the so called organic one or non "pay per click type"; providing unique visitors and the type of traffic most desirable to a businesses on line. In closing, with this type of traffic generated by Cash Now and this Forex product blended in with our self service and low fee structure, it may possibly have all the makings of being a huge growth vessel for us and our shareholders."
Cash Now Background
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
--------------------------------------------------------------------------------
Source: Cash Now Corporation
Cash Now Finalizes Intermediary Broker (IB) Agreement Enabling to Begin Offering Forex Services
Thursday February 1, 6:30 am ET
LAS VEGAS, Feb. 1 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end office systems. Through its www.cashnow.net site the company offers Internet-based payday loans and other financial utility tools. The company today announced that late last night it did reach and finalize an agreement with Advanced Markets Inc. (AM) to begin offering IB services. AM is a dealer in a over-the-counter foreign currency spot contracts, and is a non-clearing futures commissions merchant with the Commodity Futures Trading Commission and a member of the National Futures Association, pursuant to the Commodity Exchange Act.
ADVERTISEMENT
Mr. Richard Sciacchetano, a Cash Now advisor on IB Forex entry, explained that this is a win-win scenario for both sides. Cash Now's marketing strategy will be to offer a low cost pass through Forex services for clients looking to do their own trades. AM is the industry leader in low commission fee structure. The 2 companies have agreed on a 50%-50% revenue share split.
In other company news the company acknowledges that it has also reached this week an agreement in principle with a London, UK, based International Forex firm to begin offering Forex services to the clients directly, and to trade with its own funds using the UK based firms back office technology and integrated services. Cash Now was required to provide the UK firm's board of directors a comprehensive business plan and its plan of action. "We are very pleased that we have passed that hurdle and that we can now focus on getting to business" said Mr.Garr Winters, Cash Now's CEO. "We are now looking forward to advancing and implementing both of these companies solutions. We are aiming at having Cash Now being able to offer a full service range of Forex products and services to the clients." Mr.Winters added; "the Forex industry is a regulated one. Now that we have passed the compatibility test, Cash Now intends to immediately begin the process of doing the necessary filings and registrations towards moving to being a full service Forex dealer."
Garr Winters, Cash Now's CEO, said "while this product is highly sought after by many and can add thousands of dollars to our revenue stream, Cash Now remains committed to keep providing payday loan and check cashing license systems. Our plans are to keep offering all the products and services we currently offer and to add Forex as the predominant product on our Cash Now.Com main site. Cash Now ranked in the top 40,000 most visited web site on the Internet by Alexa. This is quite an achievement considering that by some reports there are now over 3 billion web sites on the Internet; although the true number is uncertain. Almost all of the traffic generated on Cash Now is the so called organic one or non "pay per click type"; providing unique visitors and the type of traffic most desirable to a businesses on line. In closing, with this type of traffic generated by Cash Now and this Forex product blended in with our self service and low fee structure, it may possibly have all the makings of being a huge growth vessel for us and our shareholders."
Cash Now Background
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
--------------------------------------------------------------------------------
Source: Cash Now Corporation
Cash Now Potential Short Squeeze Play
Thomas J. Catino
1/28/2007 10:12 PM EST
http://www.antandsons.com/2007/01/cash-now-potential-short-squeeze-play.html
Cash Now Corp. (OTC: CHNW) finished the trading week on a high note, with a surge of volume that came during the last couple of hours on Friday that moved the stock out of the cellar. The latest sub penny stock to garner some attention has done so in typical fashion, attracting micro cap investors with volume and news. The company, engaging in the manufacturing and distribution of customized payday loan and check cashing software, announced in mid-January that it replaced its CEO and announced the resignation of one of its board of directors. Besides re-hauling its management team, the company has re-tooled its business model by announcing entry into the Forex market. A new web site and sales staff is expected to coincide with the entry into the new market.
Quite possibly overlooked in some of the recent press releases issued by Cash Now is management's concern over the erosion of the stock price. The company plans on looking at ways to increase shareholder value and further specifics should come in a "President's Message" press release to shareholders. Just a hunch, but it probably will involve tackling what the company believes to be is "an organized program to short the stock" that is responsible for the devaluation of Cash Now shares. On October 24 of last year, Cash Now announced that it requested a NOBO (Non-Objecting Beneficial Owner) report. The company also reported that it had an institutional financier in place to help put the company in position to purchase as much as 220 million of its outstanding shares. Oddly enough, the company has never followed up on that news, but with new management in place, you can bet that will be the discussion of an upcoming press release that could ignite shares of Cash Now.
Cash Now Potential Short Squeeze Play
Thomas J. Catino
1/28/2007 10:12 PM EST
http://www.antandsons.com/2007/01/cash-now-potential-short-squeeze-play.html
Cash Now Corp. (OTC: CHNW) finished the trading week on a high note, with a surge of volume that came during the last couple of hours on Friday that moved the stock out of the cellar. The latest sub penny stock to garner some attention has done so in typical fashion, attracting micro cap investors with volume and news. The company, engaging in the manufacturing and distribution of customized payday loan and check cashing software, announced in mid-January that it replaced its CEO and announced the resignation of one of its board of directors. Besides re-hauling its management team, the company has re-tooled its business model by announcing entry into the Forex market. A new web site and sales staff is expected to coincide with the entry into the new market.
Quite possibly overlooked in some of the recent press releases issued by Cash Now is management's concern over the erosion of the stock price. The company plans on looking at ways to increase shareholder value and further specifics should come in a "President's Message" press release to shareholders. Just a hunch, but it probably will involve tackling what the company believes to be is "an organized program to short the stock" that is responsible for the devaluation of Cash Now shares. On October 24 of last year, Cash Now announced that it requested a NOBO (Non-Objecting Beneficial Owner) report. The company also reported that it had an institutional financier in place to help put the company in position to purchase as much as 220 million of its outstanding shares. Oddly enough, the company has never followed up on that news, but with new management in place, you can bet that will be the discussion of an upcoming press release that could ignite shares of Cash Now.
level 2 update plz
Does the news show on ameritrade and others ?
any trades at 0.0002 so far ?
what's the current bid/ask plz ?
what do you guys think of FMGL ? eom
this could explain the pps going down ... however the company issued a PR on their website stating the Forbes article is inaccurate
http://www.earthbiofuels.com/news.php#36
Samlam and Nettles,
this is taken from allstocks board:
OK, here's some bad press:
http://gristmill.grist.org/story/2007/1/2/144717/0196
Bio-Willie sings the blues
Posted by Ron Steenblik at 3:55 PM on 02 Jan 2007
Forbes is engaging in some hard-hitting investigating of various companies' finances.
Their latest article considers the alleged troubled finances of Earth Biofuels, a small Dallas-based outfit trying to build a national chain of filling stations dispensing biodiesel. The company took on country-western singer Willie Nelson as a director when it licensed his name for "BioWillie®", the brand under which the biodiesel, made mainly from U.S. soybeans, is marketed.
According to the article, Willie gets a royalty of $0.01 for every gallon sold. Meanwhile, the company (like all producers of biodiesel from agricultural products) benefits from a federal subsidy of $1.00 for every gallon sold.
Here's a flavor of the story:
If you care to find them, 18 pages into Earth's financials are insider transactions, including $16,000 a month in rent for a truck stop and convenience store in Mississippi owned by director Blackwell, a series of trades between Earth Biodiesel and Apollo and a $160,000 investment in Blue Wireless, a penny stock venture McLaughlin controls. McLaughlin insists all transactions have been fair to Earth.
The Forbes article claims also that the company's Chief Executive, Dennis G. McLaughlin III, has what it calls a "colorful background":
He presided over the $100 million bankruptcy of the company he formed in 1993, Aurora Natural Gas. Duke Energy Trading sued him for fraud, saying he used shell companies to double-bill Duke to the tune of $26 million. Duke ultimately settled and gave McLaughlin a release. McLaughlin blames the bankruptcy on one of his employees and on Duke itself, for inflating gas prices in late 2000; as for his not disclosing it in Earth's SEC filings, he says he has "never been employed by a company when it filed [for bankruptcy]." Right. According to Earth's most recent 10-K, he was Aurora's chief from 1993 to 2001, the year it filed for bankruptcy.
To be fair, I should mention that Earth Biofuels has subsequently issued a reply alleging numerous errors in the Forbes article.
So here's a prediction for the coming year: There will be many more such stories in 2007, as reporters start to pick up the scent of dodgy companies set up to cash in quickly on the biofuel bonanza.
you think we will see more downwards movement ?
(bid) 0.0001 (2)
(ask) 0.0002 (12)
(ask) 0.0003 (3)
(ask) 0.0004 (2)
Digital Descriptor Systems, Inc. Announces 3rd Quarter '06 Results
Tuesday November 28, 10:00 am ET
Revenues Increase to $1,262,585, up 59% from Q3 '05
SEA GIRT, N.J., Nov. 28 /PRNewswire-FirstCall/ -- Digital Descriptor Systems, Inc. (Pink Sheets: DDSI - News) -- an industry leader in the development of Homeland Security and other commercial security related products -- announced results for the period ending September 30, 2006. Revenues for the nine-month period grew 59 percent, to $3,404,896, versus the nine-month period ending September 20, 2005 revenues of $2,143,310. Gross profit over the period rose $1,130,853, to $2,485,978, up 84 percent, compared to $1,355,125 during the same nine months of 2005.
ADVERTISEMENT
"We continue to improve the vigor of our company," says Anthony Shupin, CEO of DDSI. "Our year to date earnings before interest, taxes, depreciation and amortization for the nine months of 2006 are $408,023 versus a negative $235,543 in 2005, an increase of 116 percent. Our immediate focus continues to be on increasing revenue, while controlling expenses and improving operations. The company intends to continue to execute its plan to increase operational efficiencies, refine and develop new products and expand sales and distribution channels to meet market demand.
DDSI CFO Michael Pellegrino adds: "We continue to enjoy the benefits of careful control of our costs. Operating income (Income prior to Interest, Depreciation, Amortization and Taxes) increased 273 percent, up $643,566 for the same period in '05. Net loss for the period and year-to-date increased 145 percent and 45 percent to $963,073 and $1,298,166 respectively mainly due to changes in accounting methodology for the debt of the company.
About Digital Descriptor Systems, Inc.
The company, based in Sea Girt, NJ, develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections, justice, and public safety agencies. Additional information is available online, at www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, NJ, is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products. Additional information is available online, at www.cgmsecuritysolutions.com.
Safe Harbor Statement:
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review our SEC filings.
--------------------------------------------------------------------------------
Source: Digital Descriptor Systems, Inc.
Digital Descriptor Systems, Inc. Announces 3rd Quarter '06 Results
Tuesday November 28, 10:00 am ET
Revenues Increase to $1,262,585, up 59% from Q3 '05
SEA GIRT, N.J., Nov. 28 /PRNewswire-FirstCall/ -- Digital Descriptor Systems, Inc. (Pink Sheets: DDSI - News) -- an industry leader in the development of Homeland Security and other commercial security related products -- announced results for the period ending September 30, 2006. Revenues for the nine-month period grew 59 percent, to $3,404,896, versus the nine-month period ending September 20, 2005 revenues of $2,143,310. Gross profit over the period rose $1,130,853, to $2,485,978, up 84 percent, compared to $1,355,125 during the same nine months of 2005.
ADVERTISEMENT
"We continue to improve the vigor of our company," says Anthony Shupin, CEO of DDSI. "Our year to date earnings before interest, taxes, depreciation and amortization for the nine months of 2006 are $408,023 versus a negative $235,543 in 2005, an increase of 116 percent. Our immediate focus continues to be on increasing revenue, while controlling expenses and improving operations. The company intends to continue to execute its plan to increase operational efficiencies, refine and develop new products and expand sales and distribution channels to meet market demand.
DDSI CFO Michael Pellegrino adds: "We continue to enjoy the benefits of careful control of our costs. Operating income (Income prior to Interest, Depreciation, Amortization and Taxes) increased 273 percent, up $643,566 for the same period in '05. Net loss for the period and year-to-date increased 145 percent and 45 percent to $963,073 and $1,298,166 respectively mainly due to changes in accounting methodology for the debt of the company.
About Digital Descriptor Systems, Inc.
The company, based in Sea Girt, NJ, develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections, justice, and public safety agencies. Additional information is available online, at www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, NJ, is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products. Additional information is available online, at www.cgmsecuritysolutions.com.
Safe Harbor Statement:
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review our SEC filings.
--------------------------------------------------------------------------------
Source: Digital Descriptor Systems, Inc.
Digital Descriptor Systems, Inc. Announces 3rd Quarter '06 Results
Tuesday November 28, 10:00 am ET
Revenues Increase to $1,262,585, up 59% from Q3 '05
SEA GIRT, N.J., Nov. 28 /PRNewswire-FirstCall/ -- Digital Descriptor Systems, Inc. (Pink Sheets: DDSI - News) -- an industry leader in the development of Homeland Security and other commercial security related products -- announced results for the period ending September 30, 2006. Revenues for the nine-month period grew 59 percent, to $3,404,896, versus the nine-month period ending September 20, 2005 revenues of $2,143,310. Gross profit over the period rose $1,130,853, to $2,485,978, up 84 percent, compared to $1,355,125 during the same nine months of 2005.
ADVERTISEMENT
"We continue to improve the vigor of our company," says Anthony Shupin, CEO of DDSI. "Our year to date earnings before interest, taxes, depreciation and amortization for the nine months of 2006 are $408,023 versus a negative $235,543 in 2005, an increase of 116 percent. Our immediate focus continues to be on increasing revenue, while controlling expenses and improving operations. The company intends to continue to execute its plan to increase operational efficiencies, refine and develop new products and expand sales and distribution channels to meet market demand.
DDSI CFO Michael Pellegrino adds: "We continue to enjoy the benefits of careful control of our costs. Operating income (Income prior to Interest, Depreciation, Amortization and Taxes) increased 273 percent, up $643,566 for the same period in '05. Net loss for the period and year-to-date increased 145 percent and 45 percent to $963,073 and $1,298,166 respectively mainly due to changes in accounting methodology for the debt of the company.
About Digital Descriptor Systems, Inc.
The company, based in Sea Girt, NJ, develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections, justice, and public safety agencies. Additional information is available online, at www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, NJ, is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products. Additional information is available online, at www.cgmsecuritysolutions.com.
Safe Harbor Statement:
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review our SEC filings.
--------------------------------------------------------------------------------
Source: Digital Descriptor Systems, Inc.
stockmavin, you think ?
anyone with a L2 update plz
DDSI radar, getting volume eom
can someone give me the ISIN-code for ECFL.PK plz?
BLACKOUT MEDIA CORP (BKMP) OTC Type: Other-OTC
Short Interest for September 2006
Short Interest 2,500,856
Percent Change 125,042,700.00
Average Daily Share Volume 395,981,407
Days to Cover 1.00
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
What do you want me to do so you would believe me ?
Next time I will keep his responses to myself.
All I can say is that I received this email this morning (afternoon for me) from swinick22@yahoo.com
Well I don't like to be called a liar, as that is what some are pointing out.
I asked the board, this morning, what Sandy's e-mailaddress is.
I've sent him an email and got this reply shortly after:
(don't mind the date, it's dutch)
Van: Sandy Winick [mailto:swinick22@yahoo.com]
Verzonden: maandag 25 september 2006 12:51
Aan: xxxxxxxxxxxxxx@telenet.be
Onderwerp: response
Dear xxxxx:
Thank you for those kind words.
We hope to bring TFN around the world, that is our goal.
The dividend was to thank shareholders for there support.
No there will not be cash dividends paid out quarterly.
And yes it was to flush out the shorts.
Thank you and enjoy.
Regards,
Sandy Winick
Why don't you guys believe Sandy wrote me this e-mail ?
OK, do with it whatever you like
I e-mailed this morning to swinick22@yahoo.com and I got a reply from that address
what do you mean legit ?
E-mail reply from Sandy:
Dear xxxxxxxxxxx,
Thank you for those kind words.
We hope to bring TFN around the world, that is our goal.
The dividend was to thank shareholders for there support.
No there will not be cash dividends paid out quarterly.
And yes it was to flush out the shorts.
Thank you and enjoy.
Regards,
Sandy Winick
Does someone have Sandy's e-mailaddress plz? eom
Can someone please read my post #145970 and tell me If we could be in the same situation as SMMW regarding our divy's ...
I received mine too but they were removed the day after (also in Belgium with KBC) because of confusion.
read post #145970
interesting read !
This has come out this morning for SMMW.PK but it could also clarify why WE got dividend shares, to deter abusive short selling of the Company's stock by forcing the cover of outstanding short sales!
DENVER, CO--(MARKET WIRE)--Sep 22, 2006 -- Summus Works, Inc. (Other OTC:SMMW.PK - News) announced it will distribute one million shares of Atlantis Holding Corp. common stock (Other OTC:AHDG.PK - News) to Summus Works' shareholders by way of a dividend. After consultation with the Company's legal counsel and transfer agent, the Board of Directors resolved to directly award beneficial owners of Summus Works in accordance with the Company's anti-abusive short selling program. Management noted that in addition to rewarding shareholders, the process by which shareholders will receive their dividend shares will also serve to deter abusive short selling of the Company's stock by forcing the cover of outstanding short sales.
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The logistical details of the dividend as well as instructions for shareholders to receive AHDG shares are being drafted by the Company's legal counsel and will be issued in an upcoming press release, management stated.
The restricted shares of AHDG common stock were acquired by the Company as compensation for services contracted by Atlantis Holding Corp. Under the agreement, Summus Works will design and implement a corporate branding, marketing and advertising initiative for Atlantis Holding Corp. and its subsidiaries.
Atlantis Holding Corp is a Tustin, California-based holding company with subsidiaries in two primary divisions including an Environmental and Engineering Services Division and its Automotive Division. For more information on Atlantis Holding Corp. visit www.atlantisholdingcorp.com.
Summus Works, Inc. (Other OTC:SMMW.PK - News) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Source: Summus Works, Inc.