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Ahhh...we are now discussing philosophy?
Hey, I did not say I agreed with the assertion. I just posted it because I found it on the net.
Sorry for contributing. I will go away.
Yes--- I agree that it-- "the NEXT TEVA'"--is a pretty strong prediction. Probably because it would attract attention.
JLWT news looks good. Wish there was some idea on what it could mean in revenue--although it does say MULTI-BILLION DOLLAR Potential if the entire project moves forward. For such a small company like JLWT, this could be huge.
Time will tell.
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Janel World Trade Receives USTDA Grant Approval for Pilot Project in China
Project to begin in spring; Places Janel as a leading player in major lake cleanup supported by the Chinese government
JAMAICA, N.Y., Jan. 28 /PRNewswire-FirstCall/ -- Janel World Trade, Ltd. (OTC Bulletin Board: JLWT), a full-service global provider of integrated transportation, logistics and environmental services, today announced it has received approval from the United States Trade Development Agency (USTDA) for a grant to conduct a pilot project in Meigliang Bay (Lake Tai) China in the spring of 2010.
Janel had completed all comprehensive and successful testing on the effectiveness and safety of Clear Blue 104™ as an effective algaecide and bactericide in live lake conditions last year. The explosion of algae and its related problems is the daunting issue facing Lake Tai, a body of water the size of Lake Huron and the primary source of drinking water for the city of Shanghai. The problem impacts other major sources of drinking water in China and around the globe.
This successful testing was the first important step toward obtaining the USTDA grant, which carries US support and approval for the project because it could lead the way to a broader use of US products and services in the China environmental market. Janel is the sole distributor of Clear Blue in China, where it is a registered product.
Over the past 18 months, the company has leveraged its presence in China and its expertise in providing worldwide logistic and project management services to build a consortium of US and Chinese companies with specific skill sets and expertise. Accordingly, under the leadership of the Janel Project Management Division, Janel will bring technology, products and services to bear on this daunting environmental problem.
In addition to supplying the Clear Blue product, Janel Project Management Division will be responsible for providing the project design and management, freight forwarding, product application, technology supporting local dredging, sediment remediation, warehousing, monitoring, analysis and reports on the Lake Tai pilot project.
"This pilot test -- which should only take weeks to complete and verify -- could be the first step and lead the way toward the start of a multi-billion dollar project on Lake Tai," said Paul McCreary, President of Janel's Project Management Division. "The Chinese government has already publicly stated the cleanup of the lake is a priority, and The World Bank has pledged financial and organizational support to the undertaking. We believe our presence in China combined with almost two years of research, time and resources spent on the project, put Janel in a solid position to participate in this and other environmental initiatives around the globe."
In applying for the grant, the company enlisted and gained important support from Congressmen Gregory Meeks (Dem. NY), Michael McMahon (Dem. NY) and Senators Charles Schumer (Dem. NY) and Robert Menendez (Dem. NJ). "Our representatives and Senators were instrumental in driving support for the USTDA grant for this project," said James Janello, CEO of Janel. "The weight, importance and commitment of the US government behind us and their commitment to enhancing US exports is immeasurable and a critical component of our progress.
"This is the first step of what could prove to be the dawn of a new era for our company. In addition to Lake Tai, we continue to hold discussions and review the feasibility of bringing the essential components to provide a complete environmental solution to major water problems around the globe."
About USTDA
The U.S. Trade and Development Agency (USTDA) advances economic development and U.S. commercial interests in developing and middle income countries. The agency funds various forms of technical assistance, early investment analysis, training, orientation visits and business workshops that support the development of a modern infrastructure and a fair and open trading environment.
USTDA's strategic use of foreign assistance funds to support sound investment policy and decision-making in host countries creates an enabling environment for trade, investment and sustainable economic development. Operating at the nexus of foreign policy and commerce, USTDA is uniquely positioned to work with U.S. firms and host countries in achieving the agency's trade and development goals. In carrying out its mission, USTDA gives emphasis to economic sectors that may benefit from U.S. exports of goods and services
About Janel
Janel World Trade, Ltd. is a global provider of integrated logistics and environmental services, including domestic and international freight forwarding via multi-modal carriers, leading edge end to end supply chain technology, customs brokerage, warehousing and distribution, and other transportation-related services. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta), the Far East (Hong Kong, Shanghai, and Shenzhen) and Central America (El Salvador, Honduras and Guatemala) , the Company provides the comprehensive services and technology necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. Janel is registered as an Ocean Transportation Intermediary and licensed as a FMC Licensed Freight Forwarder by the Federal Maritime Commission.
Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT". Additional information on the Company is available on its website at http://www.janelgroup.net.
It looks like PLX is trying to put in a bottom. Breaking through $8 is significant.
PLX is the "NEXT TEVA"?
I could handle that.
Protalix (NYSE Amex: PLX) held a presentation for investors today, in which it reported that a Phase I (safety) trial for a drug it had developed for treating the effects o nerve gas would begin in the current quarter. Drugs for treating effects of ABC (atomic, biological, and chemical weapons) sometimes undergo only the safety test before their sale to customers, usually governments, is approved, because of the difficulty in finding ABC-affected patients for efficacy trials. This trial is therefore likely to be the last the company will have to carry out before its starts to sell the product.
The company also reported that the results of a trial of its treatment for Gaucher's disease showed that it was superior to the corresponding drug produced by Genzyme in penetration to the target cells.
Protalix also has in its pipeline of products a drug for the treatment of Fabry disease, and a treatment for arthritis.
Investment house HalmanAldubi began coverage of Protalix today with an unusually positive report. The investment house sees potential upside of over 100% in the company. Protalix's market cap is currently $540 million, HalmanAldubi's target price of $15 reflects a value of $1.3 billion. The report said that the share price did not reflect the added value of Protalix's technology platform, and called Protalix "the next Teva."
BWIH is being pushed on e-mail blasts.
Looking for a rebound today
Interesting reaction to what looks like good news
If Bernanke gets confirmed, the decline in the markets will be mitigated.
Mitigated--not stopped, IMO.
Unemployment is still too high to get too bullish here. The longer families have no income--or one income--the more decisions are made to reduce spending even more.
It is bound to result in slower growth.
GAPPER Monday Morning!
Yes, I can say it.
LOL
Thanks on PUBLIC Float. I like to have enough in the float to know it will be liquid. You can get stuck in low floater. Hope EVGG can keep up the volume
Breakout over .42
Thanks, Juice. I just have TLCO on my watch list.
If the chart breaks past the "cup", there is statistical support that a stock can run hard on a breakout of the Cup and Handle formation
The old Cup and Handle?
I may have no brain. But I DO reiterate my pick of UTRM--although down 30% so far. cargo, just keep it on the list.
I got out of PEIX too soon. But, profit is profit.
AEMD clinical presentation of the Aethlon Hemopurifier® at the 12th International Conference on Dialysis will be on January 22nd.
The presentation will review treatment outcomes of dialysis patients infected with Hepatitis-C (HCV), and will discuss the additional use of the Hemopurifier® in HIV and Cancer care.
--and there will be more volume on Friday and Monday.
IMO
Juice--at least this "dead" stock will be doing something. Obviously, there is a reason to resurrect this shell. Now I can expect some news on an ongoing basis. This POS has been dead for three years, basically.
I am watching for some news after the R/S shakeout.
GWMAN--what are you expecting out of AEMD in the form of news?
TIA
JLWT just reported their financials. Looks like their Environmental Projects Division has alot of promise for this year--and their core business will be rebounding from a bad 2009
Janel World Trade Reports Its Fiscal 2009 Results
JAMAICA, N.Y., Jan. 13 /PRNewswire-FirstCall/ -- Janel World Trade, Ltd. (OTC Bulletin Board: JLWT), a full-service global provider of integrated transportation logistics services, today announced financial results for its fiscal full year and fourth quarter ended September 30, 2009.
Full-Year Results
For the 12 months ended September 30, 2009, Janel reported revenue of $71,852,806, down 13% as compared to fiscal 2008 revenue of $82,745,383. By segment, full-year revenue consisted of transportation logistics of $71,663,175 and computer software of $189,631. Net revenue (revenue minus forwarding expenses) of $8,434,063 was also comparably lower than the prior year's level of $9,786,142. The factors influencing the decline in total revenue over the year were twofold: 1) the substantially weaker domestic economic backdrop, which reduced the level of shipping activity of most of the Company's clients and 2) lower average ocean and air freight rates, which, after the Company's markup, are passed along to customers.
Reflecting the industry's lower freight carrier rates, lower customer volumes handled and, to a lesser extent, the substitution of lower-cost ocean for air shipments, the Company's forwarding expenses for the year declined by $9,540,498, or 13%. The net result of these changes was a slight year-over-year decrease in forwarding expense as a percentage of transportation logistics revenue, which fell (i.e., improved) by 19 basis points from 88.69% to 88.50%, a decline favorable to the Company's year-to-year net revenue and operating margin comparisons.
For the latest fiscal year, Janel incurred SG&A expenses totaling $8,574,504, down $962,227 or 10%, as compared to the fiscal 2008 level of $9,536,731. The decrease in overhead was due to both lower sales commissions payable as shipping revenue dropped and to the stringent cost-savings efforts initiated by the Company, which included a significant reduction in corporate headcount from 79 to 62 employees over the fiscal year.
During fiscal 2009, the Company also continued to closely manage its Order Logistics, Inc. (OLI) business with an eye toward minimizing its negative effect on Janel's consolidated operating results. Accordingly, the OLI operating loss for fiscal 2009 was $(546,032), excluding amortization. Amortization charged against OLI assets was reduced year-over-year by $450,178 to $197,072 in fiscal 2009, while the OLI-related impairment loss for 2009 as compared to 2008 was slashed by $746,510 to $1,066,240. As a result of these 2009 charges, the Company has now completed the balance sheet write-down of all OLI-related intangible assets to a value of $0. As a slight offset to the reductions in amortization and impairment, the Company reported interest expense in fiscal 2009 of $224,706, up from the year-earlier level of $149,389. The majority of such interest was attributable to borrowings incurred to finance the 2007 OLI asset acquisition. Thus, on a GAAP basis and principally as a result of the OLI-related operating loss, amortization, impairment and incremental interest expense, the Company reported a fiscal 2009 fully diluted net loss available to common shareholders of $(1,256,198), or $(0.07) per share. This was, however, a year-over-year increase in profitability of $404,229, or 24%, as compared to the fiscal 2008 reported net loss available to shareholders of $(1,660,427).
On a non-GAAP, EBITDA basis, and also excluding the OLI-related impairment and operating losses, as noted above, Janel's unencumbered transportation logistics operating income would have been $556,486.
Fourth Quarter Results
For its fiscal 2009 fourth quarter, Janel reported total Company revenue of $17,910,136, down 27% year-over-year. The decrease again primarily reflected a significant year-over-year reduction in freight rates charged by air and ocean carriers, which the Company marks up and then passes through to its customers, and to a lesser extent, the continuing drop-off in Janel's customers' commercial shipping activities as a result of the ongoing recession in the U.S. economy during the period. By segment, the latest quarter consisted of transportation logistics revenue of $17,889,374 and computer software revenue of $20,762. The 2009 fourth quarter operating loss of $(18,054), an improvement of $118,168 year over year, was the best quarterly operating performance since the first quarter of fiscal 2008. Including the full OLI-related impairment charge of $1,066,240 taken in the period, the fourth quarter showed a net loss of $(735,126), or $(0.04) per diluted share.
Review and Outlook
James N. Jannello, the Company's executive vice president and chief executive officer, stated, "Our fiscal 2009 revenue decline is clearly a reflection of the much weaker economy in which we operated during the entire period. Our reported gross and net revenues were each doubly squeezed both by our customers' reduced overall shipping volumes and, in turn, by the industry's lower freight rates applied to those shipments. A mix shift from air to ocean also affected our overall revenue as well as our margins on that business. Thus, the multiplying effects of the recession-induced downturn alone were sufficient to reduce the overall profitability from our core transportation business. And the eroded logistics earnings, added to the charges taken to complete the impairment and intangibles amortization write-offs of our OLI acquisition, were the principal factors determining the magnitude of our reported loss for the year."
"During the year, however, as we have previously reported, we have worked diligently to bring our overhead expenses in line with our reduced level of business. In this regard, our reported sales, general and administrative expense for 2009 was cut by more than $962,000 or 10%, largely reflecting a yearend-to-yearend workforce reduction of 17 people, or 22%, including six additional headcount cuts made in the 2009 fourth quarter. SG&A savings were also realized as the result of lower sales commissions earned on our lower base of 12-month revenue. In fact, of the full-year SG&A savings, more than $425,000 was cut from our year-over-year fourth quarter comparison alone. These cuts translated essentially dollar for dollar to improved pretax results. In addition as shown in our segment reporting, the measures we have taken have successfully reduced our operating loss related to computer software – principally OLI – from $(1,173,233) in fiscal 2008 to $(656,704) in 2009, a year-over-year increase in profitability of $516,529."
Jannello continued, "As we look at the year just concluded and also to our anticipated business performance for the year ahead, several factors are significant. First, while our results were without question depressed substantially by one of the most severe recessionary downturns in history, it is most encouraging to note that on a non-GAAP basis and excluding the OLI-related loss and charges, our core transportation logistics segment still showed EBITDA earnings of more than $556,000. We believe that this calculation, as shown in the attached GAAP reconciliation table, is the best measure revealing the underlying long-term strength of our core logistics business. As the U.S. economy slowly begins to rebound, as the most recent quarterly domestic GNP and international trade data suggest is the case, we are confident that our customers' businesses, and consequently our own, will also show corresponding improvements at the top and bottom lines."
"Second, with regard to OLI, we have moved as quickly as possible to phase out this business and to eliminate its drag on our corporate earnings. And, as a result, our computer software segment revenue dropped by approximately $294,000 year-over-year, which we offset by vigorously cutting OLI day-to-day operating expenses by approximately $274,000. In addition, we have now completed the asset write-downs related to that acquisition. We will therefore be reporting a substantially lower corporate amortization expense and no additional OLI-related impairment losses going forward. We expect these reductions in OLI operating expenses and the other related balance sheet charges to substantially increase our reported profitability in the quarters ahead."
Jannello concluded, "And, lastly, we are continuing to develop our Environmental Projects Division (EPD), which we started earlier this year. Shortly, we expect to issue a further release detailing the Division's recent progress, which we believe is laying the foundation for a significant new source of revenue for our Company."
About Order Logistics, Inc.
Order Logistics, Inc., a wholly owned subsidiary of Janel World Trade, Ltd. that is based in Champaign, Illinois, provides solutions that allow companies to more effectively discover, manage, and execute global supply chain strategies. The Order Logistics team, technology, strategies, solutions and dedicated transportation resources allow organizations to access world-class visibility, information and controls without disrupting existing plans, processes, partnerships and information systems. By leveraging technology, business solutions, operational expertise and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions to its customers. This allows each customer to better control its unique distribution network and utilize existing information systems to their full capacity. For additional information, visit www.orderlogistics.com.
About Janel World Trade, Ltd.
Janel World Trade, Ltd. is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation-related services. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta) and the Far East (Hong Kong, Shanghai, and Shenzhen), the Company provides the comprehensive services necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. Janel is registered as an Ocean Transportation Intermediary and licensed as a NVOCC (non-vessel operating common carrier) by the Federal Maritime Commission. Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT." Additional information on the Company is available on its website at www.janelgroup.net.
Sweet move on VIPR
PEIX is rocking
PEIX is in he right space
SCLZ--sometimes it is the quiet ones that few post about that do the best
$36 Million contract for CCTR from China sure helps a stock -LOL
SQNM has built a base and looks great. Now for the fundamentals--which has to come from management in the shape of a press release.
We are now headed into the Biotech Conference season.
JLWT audio/video interviews with the CEO gives a good background on the company
http://www.janelgroup.net/MediaClips.aspx
LGDI is looking real good here with the stock up over 40% in one month.
UTRM is a no-brainer for a bottom reversal, in my most humble opinion
United Treatment Centers (UTRM) --- www.aquafreetoothbrush.com just introduced a patented waterless toothbrush in early December and has gotten alot of press like the following-
http://www.upi.com/Health_News/2009/12/01/Waterless-toothbrush-makes-big-splash/UPI-66541259693711/
and New York Daily News http://www.nydailynews.com/lifestyle/health/2009/12/03/2009-12-03_city_kids_to_get_handle_on_new_toothbrushes.html
UTRM was also on FOX Business News ten days ago.
But UTRM is near its lows at $0.04.
Why? IMO, it is because of tax loss selling considering that UTRM had a trading high of $0.97 in 2009. Any new buying has been met with tax loss sellers.
I think this is a "no brainer" for a great return in the short term--in January--now that 2009 is over and tax loss selling is over. UTRM is in the BEGINNING of its business plan of selling their new waterless toothbrush and all the recent press announcing their new product will most likely be followed by PR on orders. revenues and etc.
Last trading day of 2009 and Level 2 showed big bids coming in.
CHART