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So... Here is something totally stupid on my part. I decided to sell my HYTT shares this morning and go with another stock. I have been sitting here for the last hour trying to sell, no one is buying. My 8 year old son came up to me and asked "Are you selling that for .25 cents?" Whoops, I forgot the 0. Blushing, i changed my order and it went right through. Should have my son doing the trading around here, lol.
Bad day all around. Red in the Morning. eom
HLSH: Man, Lance. I like you held alot of that. Kicking my self know for selling at $1.20, lol.
HYTT: Not a great report. States that they do not believe they will recieve any of the $10 million now for acquistions. Was Decembers press release a total sham to work up share price? I think the stock price is going to get hammered tomorrow, because this report is worse than many thought.
ENGY: Volume has really picked up. Trying to locate why. Can not find any news on Pink Sheets, website does not exist. Anyone have any information other than it is just another POS rising with the tides, lol.
HYTT: Personally, I believe it was common knowledge that the company was going to have a poor filing, seeing they are rebuilding the company, shutting down stores and letting employees go. Therefore the stock price reflects this news in my opinion. HYTT could hit .04 tomorrow and I will not be surprised but I believe it will bounce back to the .05 range.
First, what is more important than the losses is the recent acquiring of 10 million dollars for acquistions. They must have presented the VC or bank with something impressive in order to receive these fund, it is not easy to recieve any sum of money since the dot bombs. Also, take a step back and look at the gentleman now running this company, I still believe that this stock will rise, in time. It will not be an OHNA, well, unless a juicy PR was to it the wires!
Scott
HYTT: Filing a Report:
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
Notification of Late Filing
Commission File Number 000-33231
(Check One)
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F [X ] Form 10-Q and
Form 10-QSB [ ] Form N-SAR
For period ended November 30, 2003
[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
For the transition period ended
Read Attached Instruction Sheet Before Preparing Form. Please Print or
Type.
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:_________________________
--------------------------------------------------------------------------------
PART I
REGISTRANT INFORMATION
Full name of registrant Hy-Tech Technology Group, Inc.
Address of principal executive office 1840 Boy Scout Drive
City, State and Zip Code Fort Myers, Florida 33907
--------------------------------------------------------------------------------
PART II
RULE 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. (Check appropriate box.)
[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 Forms 10-K, 10-KSB, 20-F, 11-K, or Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, 10-QSB, 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
NARRATIVE
State below in reasonable detail the reason why Forms 10-K, 10-KSB, 11-K, 20-F, 10-Q, 10-QSB, N-SAR, or the transition report portion thereof could not be filed within the prescribed time period.
Due to unanticipated delays in completing its financial statements for the quarter ended November 30, 2003, registrant has only recently provided such financial statements and related data to its independent accountants for review. Registrant expects its Form 10-QSB to be filed on or before January 19, 2004.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification.
Adam S. Gottbetter, Esq. (212) 400-69000
(Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) or 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?
[X] Yes [ ] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reason why a reasonable estimate of the results cannot be made.
It is anticipated that there will be a net loss of approximately $994,000 for the three months ended November 30, 2003 as compared to a net loss of approximately $19,000 for the three months ended November 30, 2002.
It is anticipated that there will be a net loss of approximately $987,000 for the nine months ended November 30, 2003 as compared to a net loss of approximately $312,000 for the nine months ended November 30, 2002.
Hy-Tech Technology Group, Inc.
--------------------------------------------------------------------------------
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
ENGY: Closed at .009. .0075x.009 Bid and Ask. There website is down, has been for a while. Could very well go over .01 again this week or next. Volume has been higher last few days.
Scott
HYTT: Am I mistaking or shouldn't they be posting a quarterly soon? I no it will not look pretty, but interested in longer term. Want to see what they have to say.
ENGY: Sorry, spoke to soon. Seems to be dipping again. eom
Anticipaaaation its making me wait, lol! eom
ENGY: Starting to move again. Been watching the last few days. eom
LOL; So true. eom
OT: Anybody remember Xanadu with Olivia Newton John? Sitting here rocking to some ELO, Tubes and Olivia from the soundtrack. LOL, good lord it reminds me of being a teenager and thinking this music was the greatest!
OHNA: This looks fantastic. Just got done reviewing the company they are acquiring and all I can say is this is exciting. Very glad I bought when advised by EZ. Chart is unbeliveable, without news, as the last person just posted.
Tomorrow should be interesting.
Scott
I am sincerely sorry to hear this. You have proven yourself to be quite trustworthy in my opinion, and I will be, as well as others, remiss to not have the information. I can understand why you feel this way though, and greatly appreciate your picks and updates. Hope to continue to learn and benefit from your picks in the near future and am sorry that a few bad eggs has to spoil the bunch.
Scott
OHNA NEWS:
Ohana Enterprises to Acquire RestauranTech, Enter Wireless-Fidelity "Wi-Fi" Arena
1/14/2004 4:17:06 PM
HUNTINGTON BEACH, CA, Jan. 14, 2004 (MARKET WIRE via COMTEX) -- Ohana Enterprises, Inc. ("Ohana") (OHNA) today announced that it has agreed to acquire RestauranTech, a wholly owned subsidiary of Interactive Ideas Consulting Group, Inc. ("I2CG"). I2CG and RestauranTech, founded in 1994, is a full-service technology group with nearly 500 clients, mainly in the restaurant and hospitality industries. This acquisition includes all of RestauranTech's clients and suite of products, including its flagship product, "Wi-Fi 802.11b hotspot service."
Effective immediately, Ohana Enterprises and RestauranTech will co-locate their corporate operations in the facilities currently used by RestauranTech in Huntington Beach. RestauranTech, in addition to wireless technologies, provides additional services to its clients, including guest loyalty, website design, hosting, onsite support, online training, co-location facility, intranet applications, remote backup solutions, and POS support.
RestauranTech and I2CG will continue to develop additional technologies that will assist its current clients for the benefit of both RestauranTech and Ohana. The acquisition of RestauranTech by Ohana will expedite both organizations' goals, allowing Ohana to achieve full operational status immediately. Moreover, RestauranTech will accelerate its marketing plan by immediately rolling out its newly developed technologies and services to its existing clients, as well as capturing new clientele.
"The combination of RestauranTech and Ohana will create a more dynamic company, and will augment the services we currently provide to our clients with greater applicability and efficiency," stated Neal Weisman, president of RestauranTech.
Ohana Enterprises Inc. is a publicly traded development stage company. Ohana's current wholly owned subsidiary, Visual Interviews Inc. ("VI"), is developing a technology and product that will offer a dependable, high-performance streaming video solution for candidate interviews accessed via a secure intranet. The solution is intended to provide significant cost savings and allow organizations to interview more candidates more efficiently.
NOTE: Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of Ohana and VI to complete the proposed partnerships and/or acquisitions, the success of the partnership with I2CG, including the ability of I2CG and VI to commercialize the applicable technology and introduce products and the acceptance of those products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
Contacts:
Ohana Enterprises, Inc.
Catherine Thompson
310-456-3199
Fax: 310-456-1778
Email: catherine@ohanacorp.com
Website: http://www.ohanacorp.com
RestauranTech
Neal Weisman
714-375-4746
Fax: 714-375-4743
Email: info@i2net.com
Website: http://www.i2net.com
SOURCE: Ohana Enterprises, Inc.
Copyright 2004 Market Wire, All rights reserved.
VIGSF: Ameritrade shows .55. Wouldn't that be nice. eom
GSPG: News AMEX Sign Up:
Goldspring applies for AMEX Listing
NEWS RELEASE
December 12, 2003
GoldSpring Update: American Stock Exchange Application Filed December 11,
2003 With Top Specialist Trading Firm On Board
New York, NY: December 12, 2003 - GoldSpring, Inc. (OTCBB: GSPG) announced today that effective December 11, 2003,
following a visit to New York and the American Stock Exchange, the Company has filed its application for listing on The American
Stock Exchange under Standard 3, which looks at net shareholder equity, capitalization of the float and capitalization of the Company,
rather than share price. This is a relatively new standard, which was introduced to GoldSpring in September at the New York Gold
Conference and then again recently at the International Gold Conference held in November in San Francisco. A preliminary evaluation
at that time showed that GoldSpring should either meet or exceed the listing criteria. Subject to Exchange due diligence, the
processing time is usually 6-8 weeks. During managements visit, Specialist firms were interviewed that are responsible for managing
the trading of the Company’s stock on the Exchange among other matters. After careful consideration, the Company has already
accepted the number 1 rated Specialist Trading firm who is now a part of our application. This may shorten the listing time frame.
The Company expects to receive final clearance and be called for trading by the end of January. However, nothing stated here is to
claim approval of any kind by the Exchange, but rather is an accurate representation of the steps already taken by the Company and
of the Company’s intent to list.
The first round of due diligence on the High Grade gold mining project in California’s Mother Lode announced on December 2nd has
shown that the mill and infrastructure are in excellent and operating condition and that a preliminary review of the permits verified
their validity. Limits and scope are now under review as well as operating targets and should be complete before December 26th.
Acquisition and operating budgets are being prepared to allow closing with the next financing round.
The next financing round under consideration by the Company, announced on November 26th is for $3 million, which is currently
scheduled to complete prior to year-end. There is no guarantee that funds will be received by the Company prior to year-end, but
both parties are working to that end. Paperwork is being prepared at this time and further information will be forthcoming as soon as
details are available.
The above $3 million is Stage 1 of the $10 million the Company is actively pursuing. Proposals are also being negotiated at this time
for additional finance proceeds.
My portfolio getting hammered again today :(. Good thing I am longer on most :).
AMEP: News
American Energy Production Inc. Announces Acquisition Of Production Resources Inc.
12/10/2003 8:37:21 PM
MINERAL WELLS, Texas, Dec 10, 2003 (PRIMEZONE via COMTEX) -- American Energy Production Inc. (AMEPE) announced today it has closed the acquisition of Production Resources Inc. AMEP will acquire substantially all of the assets of PRI in a stock and note exchange. The PRI properties include over 1,500 producing acres and 193 existing oil wells fully equipped and capable of producing oil. However only a small portion of the wells are currently in production leaving a tremendous opportunity for future revenue. PRI will become a wholly owned subsidiary of American Energy Production Inc., continuing to operate as an independent company.
The purchase price for Production Resources Inc. will be $400,000 worth of AMEP restricted common stock and a $400,000 2 year term note at 5% interest payable in two years. American Energy Production Inc. will take control of the properties on January 1, 2004.
In the past five months American Energy Production Inc. has been treating and testing wells on the PRI property with the new heavy oil additive, AMEP HOA-800. Oil produced on the PRI property is 20 gravity. The initial results look very favorable and AMEP has completed a new injection pump trailer to expand its injection system of the AMEP HOA-800 into further wells. Five more oil wells will be treated immediately with the new heavy oil additive in a five-point test. The potential proven produceable oil reserves on the lease is approximately 62,000,000 barrels, as per engineers reports and calculations by the Texas Railroad Commission that only 2% to 4% of these oil reserves have been produced over the last 20 years. AMEP plans to eventually treat all 193 of the oil wells and then have an ongoing treatment program.
Charles Bitters, President of AMEP said, "This new heavy oil additive has been very interesting and at this time has the potential to radically change the way secondary recovery of heavy oil is produced in the future. However, it will take more treating and testing to refine the most efficient treatment methods." Mr. Bitters also stated, "The purchase of the PRI properties along with the opportunity to use the AMEP HOA-800 additive on these properties will allow the Company to add tremendous value to AMEP in a very short time."
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of the future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations exposed or unknown factors could cause actual results to materially differ from the result, performance, or expectations exposed or implied by such forward-looking statements.
SOURCE: American Energy Production Inc.
Dallas: Take care of yourself man. Baby steps. We will be thinking about ya.
Scott
Good Morning Group!
ATNG: Been following this since late May 2003. Bought very cheap, sold half in July when it reached around .02, kept the other half as free shares.
ATNG will all depend on whether Dr. Simpson continues to place these big PR's. I am skeptical of how high it will go, but, AGIS rocketed to .70 on financing news, and, if ATNG comes out with a press release that says it has positively cleared the $150,000,000 they are talking about, ATNG could very well do the same thing.
With the current excitiment in the stock, good price and volume, I do not think that .05 - .07 is unreasonable, but, if Blue Kiwi and other press releases were to hit when the MOMO was just right, drugtester, this could be an incredible ride. On the sane side, I still believe it will go to the .05 - .07 after watching it for the last few months.
Good luck to ya,
Scott
HYTT: I back up EZ. I have done the DD and feel comfortable with where this is going. Will it happen overnight, no. But, good things come to those who wait. I don't want to make $200 even $2000 on this, I want to make more. Every stock I have bought that is EZ or anyones suggestion, I have DD'd in advance of purchase. Keep up the good work everyone, I am learning much.
Scott
Still in XYNY as well, free shares. eom
ESMT: I know many of you do not play pinks, but... volume is increasing, it stayed above its $1 resistance level and there are rumors that a big contract could be in play. Have watched this one a long time. Just throwing it into the mix.
HYTT & FGWC: Gettin the morning smackdown! Holding On! eom
HYTT: New House, No Whammys! THX EZ. eom
FGWC: Just smoking right now! eom.
Fingers crossed big. Got in on this at the .035 range upon you and EZ's suggestion.
VIGSF: Suddenly upticking .041x.043
ATNG takes a left, and a right, buts keeps on its feet. Can it stand till the 10th round. Can it float like an AGIS and sting like a FNIX. (In my best Howard Cosell voice)
ATNG: Damn fun to watch. Own all free shares and just lol on this stock. It would not amaze me to see this thing just jump out of the gates one day, lol.
Group: Anyone have any suggestions for RF (Radio Frequency) Stock? Just read an article that Walmart is researching this and it might be big, but I do not know any small companies in this arena. Thanks for any suggestions.
Matt: CSHS, it is a pinkie but not for long. Good fun play for nephew. Was under $5 now sitting in the $6 range. I have very good information that the stock will go above $10-12 within the next two months. I do not own any, just been paper trading it.
ATNG & AMEP: Possible gappers tomorrow. Already trending up and last minute trades.
Chipped: GSPG: Thanks for posting the chart. This is my first suggestion to the group. Hoping it is worthwhile. Omni picked at .43, it dropped but steadily climbed back up.
Dallas,
Get well and hurry back, missing your good trade info and bantor back and forth on the boards.
God Speed,
Scott
TSBB: Wow Strong Close, lol. I wish. eom