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I'm sitting in a hotel room in Chicago watching CNBC and they are about to talk about Qualcomm and the "Booming mobile phone market". Nice to hear about another industry that is doing well besides oil.
Doesn't Tricell deal with mobile phones? :)
EGML running on news...
EGM International, Inc. Announces That It Has Entered into a Share Exchange Agreement with Easy Modern Works Co., Ltd.
May 1, 2006 3:38:00 PM
Copyright Business Wire 2006
NEWBURY PARK, Calif. & OSAKA CITY, Japan--(BUSINESS WIRE)--May 1, 2006--
EGM International, Inc. ("EGM") (OTC: EGML), a Delaware corporation, announced that it has signed a share exchange agreement with Easy Modern Works Co., Ltd. ("Easy Modern Works") a Japanese road pavement materials manufacturer headquartered in Osaka, Japan.
The terms of the proposed share transaction are as follows: EGM will exchange 8,000,000 shares of its common stock with the shareholders of Easy Modern Works for 100% of the issued and outstanding common stock of Easy Modern Works. Upon conclusion of the proposed share exchange transaction the shareholders of Easy Modern Works Co., Ltd. will own approximately sixty percent (60%) of the issued and outstanding common stock of EGM International, Inc.
Easy Modern Works is a manufacturer of road pavement material made of recycled concrete utilizing a patent pending manufacturing process. The resulting pavement material is highly durable with the ability to absorb and withstand high temperatures over a sustained period of time.
Certain statements contained in this press release may be forward-looking in nature. The likelihood of the transaction discussed going forward is subject to a variety of risks and uncertainties and, consequently investors should not assume that the transaction will be consummated. Factors that could cause the transaction not to go forward include, but are not limited to, the following: (1) failure to obtain shareholder approvals for the transaction; (2) unfavorable economic and industry conditions , and (3) other unanticipated conditions and developments. Neither EGM International, Inc. nor Easy Modern Works Co., Ltd. make any commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.
Source: EGM International, Inc.
----------------------------------------------
Fetzer & Company
Alan Fetzer
702-562-4383
afetzer@aol.com
Tell me about it! The final hour could get interesting.
well excuse me...it took me a while to load photoshop, paste the screenshot, save as gif, load on imageshack, and finally make my post. :)
Weck moved to $1 - L2 screen shot inside.
.16x.18...looking really good
TCLL seeing some action today..currently .16 on volume of 567K.
I'm sure he's feeling much better now..hehe. We all just have to be patient. Not every stock can run like PGPM.
about 500K traded so far. Very nice volume.
WECK just moved up to .18
wow! amazing what a little buying pressure will do. pps back to .16.
damn, how many shares are you trying to accumulate. I'm guessing you will be a new member to the TCLL 100K club.
It's nice to see there were some great posts over the weekend. We have some very smart investors on this board :)
Cornell is evil! I got burned on GCCP and now avoid any company that does business with them. I've always thought highly of MSSI and would probably invest some cash in them if they ever get rid of Cornell. Welcome to the TCLL club.
dc...I'm sure we all feel that way.
likewise.....my boatload is at a .16 average. Sucks to be down but the company has big plans ahead and hopefully the IR campaign helps get the word out to investors.
It's just a matter of time until it runs. There are a lot of POS stocks running everyday purely on hype with no numbers to back it up. TCLL in one of the few stocks that can be considered an investment.
volume seems to be pretty good and .0013 held strong. I'm hoping for a bounce into the .002's from these levels.
That must explain all the huge trades that went through today at .0002.
I've got to give you props for the effort as well. Thanks!
what's f'd up is that a stock like FLIP is having a great day while we sit still. They had a PR today stating they had sales of $1.62 million for Q1 and expect sales of $7 - $10 million for the year. Volume is over 4 million shares traded and is trading not much less than us at .09. Their OS is 114,589,131 shares.
TCLL averages around $200 million in quarterly sales and assuming 1% margin gives us $2 million profit for a quarter. Hopefully the company can bring in some institutional investors that know an undervalued stock when they see one.
OK, I'm done ranting. All I can do is accumulate and be patient.
could be daytraders that bought in yesterday thinking it would run more today and selling out.
I was tired of seeing the pps in the red so it was no problem at all
I put us back in the green for you. Hopefully it'll last a little while.
I feel your pain...The company should reconsider the time that they release PR's. The morning before the bell would probably get more attention.
nice images you've got there but it looks like it's going to be a long and bumpy ride to dollar land for Tricell.
I really thought today would of been better and now the mm's are keeping a spread on the stock to keep buyers away. .12x.15
Another PR issued today...
Tricell Signs Letter of Intent to Acquire N2J
STAFFORDSHIRE, England, April 25 /PRNewswire-FirstCall/ -- Tricell, Inc. (OTC Bulletin Board: TCLL) announces that it signed a Letter of Intent ('LOI'), pursuant to which it has agreed to acquire N2J Limited, a United Kingdom limited company ('N2J'). The letter of intent was executed by Tricell, N2J and the N2J Shareholders on April 14, 2006, and requires that a definitive acquisition agreement be executed and submitted for approval by Tricell's shareholders at the 2006 annual meeting. The LOI was filed, and is available for review, as an exhibit to Tricell's Form 10-K for the year ended 2005.
Tricell believes the acquisition of N2J will not only allow Tricell to increase revenues by expanding Tricell's exporting capabilities from the United Kingdom, which is N2J's trading niche, but more importantly increase its profit margin since N2J's export trading operations allows for a higher profit margin than Tricell's operations. On June 30, 2005, the N2J Shareholders sold Tricell all of the stock of Ace Telecom Limited, the operations of which have since become critical to Tricell's operations. The N2J Shareholders also serve as officers and directors of Tricell.
According to the terms of the LOI, Tricell will acquire 100% of N2J from the N2J Shareholders in exchange for 160 million shares of Tricell's common stock issuable on the closing date and 50 million shares issuable, subject to vesting requirements, on January 1, 2007, for total consideration of 210 million shares (the 'Shares'). However, all of the Shares are subject to earn out provisions, requiring that N2J achieve $18 million in profits. If N2J does not achieve total net profits of $18 million, a proportionate number of the Shares will be canceled.
In the event N2J's operations yield monthly profit of $1.5 million, the N2J Shareholders will have the option to put, or sell ('Put Options'), to Tricell 120 million of the Shares ('Put Shares'). The remaining 90 million Shares ('non-Put Shares') will vest in four equal annual installments, beginning on January 1, 2007 and ending on January 1, 2010. The non-Put Shares will only vest if the N2J Shareholders remain employed by Tricell at the time of vesting. The Put Options provide each N2J Shareholder the unilateral option to put to Tricell 3.75 million shares each month, at $0.11 per share, for a period of 8 months following the execution of the SPA ('Put Option Period'), for a total monthly repurchase of 15 million shares by Tricell.
Tricell and N2J are currently negotiating the final terms of a definitive acquisition agreement, and conducting due diligence in anticipation of the acquisition.
Tricell is engaged in mobile phone operations in the secondary market, or after market, which involves transactions other than those directly between the mobile phone manufacturer and the retailer. We attempt to obtain our products at the best prices available and distribute these products to markets around the world at varying levels of maturity.
For more information, please visit Tricell's website at http://www.tricellinc.com , or the SEC's Edgar filing system at http://www.sec.gov , or call Jeff Nunn at 011 44 8707 532 360.
the real winners will be the patient longs. It's easy money. Just a matter of time.
looks like the daytraders are cashing out now.
a lot of buys at .0004 have gone through. Only 3 mm's left on the ask.
I'm finally in the green at .16. LOL
Looks like volume should break a million with no problem today.
Now a couple trades at .225 have gone through. Any idea on what's going on?
10:15:21 5000 0.16 - OTCBB
10:15:15 9500 0.16 - OTCBB
10:14:57 1400 0.225 + OTCBB
10:14:48 5000 0.225 + OTCBB
10:14:42 5000 0.225 + OTCBB
10:13:54 5000 0.16 + OTCBB
10:13:45 500 0.16 + OTCBB
10:12:09 5000 0.16 + OTCBB
10:11:54 3500 0.15 - OTCBB
10:11:48 5000 0.16 + OTCBB
10:11:48 5000 0.151 - OTCBB
10:11:45 19000 0.151 - OTCBB
10:11:15 1400 0.20 + OTCBB
10:07:45 6150 0.15 - OTCBB
did anyone see the 1400 shares at .20 go through? That was odd. Ask is at .16
yes...finally almost back to my break even point. My average purchase price is around .16...LOL
I don't plan on selling any until .50+ at some point this year.
sweet...about time.
NITE moved to .14. Only WECK left at .12
95K premarket so far. Ask is now .12. WECK finally moved up.
50K have traded so far in premarket...looks like it might be a nice day.
People are talking about the news on the Allstocks forums.
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/020823.html