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.
So multi-bill$$ contract to begin immediately and the pps can't even reach .06
Anyone know why?
Who would be selling at these prices with this news
AQSIQ wants TPID Beijing to complete marking of the LNG containers nationwide within 3 years, with marking to begin immediately in select areas.
Under the target prices set forth in its supplementary provisions, AQSIQ projects the total gross revenue over a 3-year period for the use of TPID's technology for LNG containers to be approximately 20.13 Billion Chinese Yuan, which according to www.xe.com, equates to approximately 2.67 Billion U.S. Dollars as of August 30, 2007
AQSIQ Establishes Details and Target Pricing Structure Regarding Use of True Product ID's Technology For Chinese Liquefied Natural Gas Containers
Tuesday September 4, 8:30 am ET
BEIJING & PHILADELPHIA--(BUSINESS WIRE)--True Product ID, Inc. (OTCBB: TPDI - News) announced that the State General Administration for Quality Supervision, Inspection and Quarantine of the People's Republic of China ("AQSIQ") (www.aqsiq.gov.cn) has agreed to supplementary provisions to its project cooperation agreement with TPID's Chinese joint venture affiliate company, True Product ID Technology (Beijing) Limited ("TPID Beijing"), which establish details and a target pricing structure regarding the use of TPID's S-DNA and KMACK technologies for Chinese liquefied natural gas ("LNG") bottles, tanks, and other containers.
ADVERTISEMENT
AQSIQ's supplementary provisions require TPID Beijing to provide a special equipment security/safety logo, and to implement a special equipment identification security management system, for LNG containers throughout China. Based on official Chinese records, AQSIQ projects that there are currently a total of 130 million LNG tanks in China and that total is expected to increase by approximately 10 percent every year. AQSIQ wants TPID Beijing to complete marking of the LNG containers nationwide within 3 years, with marking to begin immediately in select areas.
AQSIQ's supplementary provisions further require TPID Beijing to provide certain types of its proprietary S-DNA readers/scanners to approximately 25,000 LNG gas stations and 15,000 manufacturers throughout China and to integrate the stations and manufacturers into a special equipment identification security management system.
In its supplementary provisions, AQSIQ sets out certain "target" prices for TPID Beijing to provide (1) a special equipment identification security/safety logo for 130 million LNG tanks (a price for marking each LNG tank); (2) 50,000 of a certain type of its proprietary S-DNA readers/scanners; (3) 15,000 of another type of its proprietary S-DNA reader/scanner; and (4) an information management system for 50,000 platforms/ports for LNG gas stations, special equipment manufacturers and other entities in China.
Under the target prices set forth in its supplementary provisions, AQSIQ projects the total gross revenue over a 3-year period for the use of TPID's technology for LNG containers to be approximately 20.13 Billion Chinese Yuan, which according to www.xe.com, equates to approximately 2.67 Billion U.S. Dollars as of August 30, 2007. TPID has not yet completed its analysis as to what would be net revenues. TPID anticipates it will be in a better position to more fully ascertain the expenses needed to implement this LNG tank phase of the AQSIQ project cooperation agreement as more details are gathered during TPID Beijing's continued coordination and consultation with AQSIQ, provincial and local authorities, LNG gas stations, and special equipment manufacturers.
TPID expects to post a copy of and further information about the supplementary provisions on TPID websites. More specific details about the supplementary provisions will come as TPID Beijing works with AQSIQ to implement them.
About True Product ID
True Product ID produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices. The Company delivers turnkey solutions for governments, armed forces, and industry, through its own proprietary technology and through aggregating the technology, products, and services of third parties via licensing agreements and or joint ventures. For more information about True Product ID, Inc., go to http://www.tpid.net. For more information about True Product ID Technology (Beijing) Limited, go to http://www.trueproductid.com/.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such
So your assuming jack sh@t can get globe back trading.
Based on his past performance, I have my doubts
I think its all just smoke and mirrors
I just wish they would concentrate on getting one of these companies to not look like dog s h i t rather then drag them all through it.
They all smell
Cimino check the bottom of your shoes
its a long shot Rufus, but we may get some $$$
here is the last part of todays PR
TPID expects to post a copy of and further information about the circular, cooperation agreement, notice, and written materials on TPID websites. More specific details about AQSIQ's Plan and TPID Beijing's involvement therein will come as TPID Beijing works with AQSIQ to implement the Plan.
lol, true
Who The F is already pizzed at me about this one
my investment group includes
What The F = Me
Who The F = My Wife
Why The F = My 5 year old
When The F = My two year old
lol, we are "The F" family
I think i'm going to start signing my e-mails
President and CEO
What The F investment Group
lol
On Richard reply it also says:
President and CEO
Bendis Investment Group
Richard,
That is great news
Will we see any dollar figures to any contracts before the year end filings?
I think the only people who understand how big this PR can and is is the current shareholders.
Thanks
response:
I agree
There will be additional info before the 10k
This is great news, and my guess is we will never see any $$$ figures to these contracts. The only time we will see $$$$ is in the quarterly filings.
Chinese Government Agency To Use True Product ID's S-DNA/KMACK Technology In Chinese Special Equipment Security/Safety Plan
Monday August 27, 9:00 am ET
BEIJING & PHILADELPHIA--(BUSINESS WIRE)--True Product ID, Inc. (OTCBB:TPDI - News) announced that the National Quality Inspection Department of the State General Administration for Quality Supervision, Inspection and Quarantine of the People's Republic of China ("AQSIQ") (www.aqsiq.gov.cn) has issued a circular that TPID's technology will be used in a 5-year AQSIQ plan to protect against the illegal production, circulation, and use of certain "special equipment" (the "Plan"). Among the "special equipment" referenced in the circular are liquefied gas tanks, oxygen tanks, and other pressurized containers and pipes, elevators, lift machinery; and equipment at large recreational facilities and automobile plants. The circular provides for the involvement of TPID's Chinese joint venture affiliate company, True Product ID Technology (Beijing) Limited ("TPID Beijing") in the development of national special equipment security identification standards (the "standards"), a special equipment identification information security management system (the "management system"), and a special equipment security/safety logo (the "logo"). Aspects of AQSIQ's Plan will be implemented in phases at the national, provincial, and municipal levels, starting with certain localities and types of special equipment. AQSIQ entered into a project cooperation agreement with TPID Beijing to provide technical support in connection with the promotion, further development, and implementation of the standards and other aspects of AQSIQ's Plan. AQSIQ also issued a notice and written materials to Chinese authorities about the Standards. TPID expects to post a copy of and further information about the circular, cooperation agreement, notice, and written materials on TPID websites. More specific details about AQSIQ's Plan and TPID Beijing's involvement therein will come as TPID Beijing works with AQSIQ to implement the Plan.
Bendis not talking today or he doesn't like the questions.
Looks like were stuck watching paint dry again.
After 2 years that all TPDI can put out in a PR?
That PR was just spam
Where's the beef?
rufus, when your restriction are gone, do you know if they are free for good or is there a time frame you need to sell them in?
From Bendis:
More to come
Sent via BlackBerry by AT&T
The question:
When will we see the IR firm put out a PR?
dale, imo this PR is what we are use to getting from MacKay for two years before Bendis. Maybe Bendis wouldn't PR anything because he new it was BS.
Remember back to four years ago, I think that is what the future holds.
All just my negative opinion
Please prove me wrong MacKAy
You must have thrown some benjamins at the right people to get things done so fast.lol
I think you have plenty of time, before she takes off though
dale, after 4 years in China the real prize would be an actual contracted that drew income.
No more future prize to come.imo
should say not much cash.
But finally a PR
TPDI is still moving down .038
1mil tickets is much cash
news
True Product ID in Strategic Partnership with AMCO Plastics: TPID-AMCO's Anti-Counterfeiting Technology Already on More Than 1 Million FIFA Women's World Cup Tickets
Tuesday August 21, 9:00 am ET
FIFA World Cup is Considered the Prelude to the 2008 Olympics in China
BEIJING & PHILADELPHIA--(BUSINESS WIRE)--True Product ID, Inc. ("TPID US") (OTCBB:TPDI - News) announced that it has been selected as one of the anti-counterfeiting technologies employed during the most prestigious women's soccer event in the world, the 2007 FIFA Women's World Cup. The 2007 World Cup will take place in China from September 10-20, 2007.
ADVERTISEMENT
The Company partnered with leading anti-counterfeiting provider Amco Plastic Materials Inc./AMCO International, Inc. ("AMCO") of Farmingdale, New York to co-develop and deliver authentication solutions for the 2007 FIFA Women's World Cup, which is considered to be the prelude to the 2008 Beijing Olympics.
More than 1 million World Cup tickets have been printed with TPID-AMCO's anti-counterfeiting technology. TPID and AMCO have also developed a state of the art anti-counterfeiting ticket reading device, which will be used at venue entrances. AMCO has developed state of the art ticket reading devices used at some of the most prominent events in the United States, where, like the Women's World Cup, the highest security is paramount.
New TPID President Sergio Luz stated: "In partnership with AMCO's president Gary Metzger, The MacKay Group and TPID have worked and continue to work closely with Chinese sports agencies and organizations to provide authentication solutions for major sports events in China. We see the 2007 FIFA Women's Cup as the steppingstone into this critical market and to building a long-term relationship with Chinese sports agencies and organizations, which TPID, AMCO, and the Chinese all believe will translate into the Company acquiring larger, more profitable opportunities such as the 2008 Olympics."
MacKay's first day back in the captions chair and its business as usual.
down 18% and more to come
What do you think he can acomplish if you give him a full week or a month
Stay Tuned
not responding, he must be still at lunch or there is probably 100 e-mails in his in box.
Bendis answer the question, I owe me at least that
Richard,
Was todays PR what you were waiting for before you would issue PR's regarding contracts?
More Coming?
What is there going to be a law suit involved?
well said rufus.
Did he say if this is the PR that he was talking about for this month or should we actually see something that might prevent a selloff
dale, did you talk to Bendis today?
I need a drink!
As I look back, Bendis didn't move the pps, infact it sunk
MacKay you now have
GSFC that is no longer trading
SSTY that is in the grey sheets and doesn't PR anything
BZET that is in the pinks and doesn't PR much of anything
TPDI that is in the OTCBB and based on the above track record probable will not PR anything
What The F
I will hold, because my shares are still restricted and it doesn't amount to much at this point.
rufus, dale, balihi, anybody
What the F
Anybody out there?
everyone must be busy selling there shares.lol
I didn't see what just happened in the old playbook
Captain MacKay = the skipper
and his mate Cimino = gilligan
Just sit right back and you'll hear the tale, a tale of a faithful ship.lol
This s u c k s imo
MacKAy back in control, we should be in the grey's with SSTY in short of 1 year.
in the time frame my guess is the only news will be for a pump and dump scenerio.
I think all H ell just broke loose @ TPDI:
True Product ID Restructures Its Management and Board; Changes Reflect Need To Focus Base Of Operations In Mainland China
Friday August 17, 9:00 am ET
Company Also Announces MacKay Group Funding for TPID US and China JV and Details Of Company's Plan To Deliver Its Solutions Worldwide
BEIJING & PHILADELPHIA--(BUSINESS WIRE)--True Product ID, Inc. ("TPID US") (OTCBB:TPDI - News) announced that it is relocating the Company's operating offices, senior management and operations from the US to China to help deliver contract and technology initiatives in China (the "China Initiatives"). James MacKay will rejoin the Company as its chairman of the Board. Mr. MacKay has not only spearheaded the China Initiatives from the ground level in China, he, through an affiliate, The MacKay Group Limited, has funded, and/or arranged funding for, the China Initiatives to date in excess of US$1,000,000. To deliver certain of the China Initiatives, Mr. MacKay, through The MacKay Group, has agreed to further fund the Company with a line of credit of up to US$150,000. The terms of this line of credit are detailed in the Company's upcoming Form 8-K.
ADVERTISEMENT
MP3 Players Laptops Cell Phones
Desktops Digital Cameras PDAs
TPID leadership, both in the US and China, has strategized on the best way to capitalize on the China opportunities and with that common goal in mind, former Chairman Richard Bendis has worked closely with MacKay to restructure the base of the Company's leadership to China. Bendis will voluntarily relinquish his director and officer positions in the best interest of maximizing the ability to focus the Company's primary energy where the greatest opportunities lie, which is China.
To best deliver the China Initiatives, current TPID US Board director Sergio Luz, will also assume the position of Company president, and Li Ning, the CEO of the Company's Chinese joint venture affiliate, True Product ID Technology (Beijing) Limited, will join the Company's Board. Luz and Li have worked with MacKay meeting key government, funding, industry and technology representatives in China in connection with the China Initiatives. Their CVs are set forth in the Form 8-Ks the Company has filed or will file. Previous Company Chairman, CEO, and President Richard Bendis will continue, in the capacity of a consultant, his important role in helping to oversee the Company's regulatory filings and financial reports, and will help facilitate the transition to new management.
Richard Bendis stated: "The Company's immediate need to physically be 'on the ground' in China, dictated this transfer of operational and executive control. Events are occurring at a pace that requires immediate actions and reactions to make the daily decisions that can only be effectively managed on the local level in China. As an officer, director and shareholder of the Company, I fully support this relocation as clearly being needed at this time to ensure the future growth of the Company and to increase shareholder value."
James MacKay, stated: "Richard Bendis did a wonderful job for this company and its shareholders and his contributions have helped solidify TPID's ability to thrive and grow in both the near and long term. As a shareholder I wish to thank him for all he has done."
MacKay went on to add: "It's always a good sign when members of the Board and/or company executives themselves invest directly in the companies they serve, and that is the case here. For some time now, through The MacKay Group, we have personally invested over $1,000,000 into TPID to fund the China joint venture operations to ensure the viability of the JV at a time when TPID US was unable to provide the necessary level of funding in a timely manner."
Messrs. MacKay, Luz and Li will deliver the "hands-on" oversight in China that is mandated by the present market conditions. Given MacKay's strategic connections in China, the contracts at hand in China, and the market demand for TPID's state-of-the-art technology, including its Synthetic DNA (SDNA) and KMACK software technology, MacKay, Luz, and Li will be better positioned to continue to meet with leading providers of complimentary anti-counterfeiting technology from the US and Europe.
The Company also revealed that it plans to enter into joint ventures, mergers, licensing and/or other related types of business relationships with existing and established companies already in the anti-counterfeiting/authentication industry worldwide, but who are not yet in China. TPID will cross-license its technology with those other companies, to the benefit of both. Through these arrangements, TPID will acquire the rights to other complementary solutions to better tailor customized solutions for its Chinese clientele, and will gain access to other territories worldwide without having to spend the time and expense of creating and funding entry into markets outside of China for TPID's products. The Company believes that these types of arrangements will solidify TPID's position as a bridge between the East and the West in this industry and expand the Company's reach without the financial burdens customarily associated with entering new markets.
looks like TPDI is going under .05 today.
agreed
and with all the delays, this upcoming PR had better not be fluff
Dale, I mentioned to him that the weatherman forcasted this week to be the best for the month and asked for his thoughts.
Thats all, I was just trying to see if this is the week for a PR.
From Bendis:
Looks like a sunny week but need to make sure sun is shining globally.