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Pressure on
.0002 up
Thats a good news.
Things are unfolding accordingly, they mentioned """growing market"""
and grow what ---- I smell something. Lets hope we all gonna smell what I like to smell Majuana,imo.
Holding NSAV
NSAV announces the signing of a Memorandum of Understanding (MOU) to finalize the terms of the expected closing of the acquis...
Print
Alert
NSAV announces the signing of a Memorandum of Understanding (MOU) to finalize the terms of the expected closing of the acquisition target that was referenced in our April 2, 2015 public announcement. We are also announcing the appointment of David Pecoraro to the Board of Directors as the Vice President of Operations of NSAV.
Port Jefferson, NY -- April 15, 2015 -- InvestorsHub NewsWire -- Net Savings Link, Inc. (OTC: Pink: Symbol NSAV) today has announced through its CEO, Steven Baritz, the fully executed Memorandum of Understanding (MOU) to finalize the terms of the expected closing of the acquisition that was referenced in our April 2, 2015 public announcement. Mr. Baritz commented, “as previously announced, we are on target to close on the acquisition of a California firm that is one of the premier developers of a Point of Sale ( POS ) , traceability, and marketing system that will be providing essential servicing to an emerging market space that is one of the fastest and largest growing retail and delivery industries in he the U.S.”
Mr. Baritz elaborated further, “The targeted firm is currently producing regular monthly revenue that is growing incrementally, and additionally, features multiple product platforms that all have their own independent revenue models. Each of these product platforms work synergistically with each other, and will allow business expansion via cross marketing to the client/customer base, as each of the products work seamlessly with each other with cross dependency in some instances. In our previous public announcement, we had expected to close on the acquisition by April 15, but auditing delays due to the higher than anticipated workflow by the auditors, have necessitated a slight adjustment on our initial expectations. Barring any unforeseen events, we now expect to close by April 20th, in tandem with our required SEC 10Q filing, and the closing may be referenced in the 10Q, depending on timing.”
In a sidebar comment to investors, Mr. Baritz commented: “ I am confident that we are moving the company in the direction that will meet the long term expectations of our shareholders and investors. NSAV appreciates and expresses sincere thanks to our long term shareholders, and their continued support, confidence, and reasonable patience for us to fully develop our outlined goals for the future and sustainability of NSAV. We are doing everything possible to formulate the best possible outcome to create long term growth and stable equity in the firm. We expect to attract more shareholders, resources, and investors as our company continues to take shape in a recognizable direction and intent.”
NSAV is also announcing the appointment of David Pecoraro to the Board of Directors as the Vice President of Operations of NSAV. Steven Baritz, the President/CEO of NSAV and Global Distribution commented, “NSAV is pleased to announce the appointment of Mr. David Pecoraro to the Board of Directors as the Vice President of Operations of NSAV. He has operated a comprehensive social media newsletter that tracks and follows trends of long term investment activity in various financial venues. Mr. Pecoraro's detailed business tenure also features him as a principal in a high value product transportation business. He also held senior management positions with top firms such as Durkee/French's, whereby he assisted in distribution growth, and developed new retail outlets and corporate accounts for the firm. Baritz added, “David has significant experience in the public entity arena, and is eminently qualified to address shareholder's feedback on multiple levels. He has been an instrumental member of our core staff, whose tireless efforts and valuable input and strategic guidance were significant contributory factors for his appointment to the Board of Directors, and we expect he will serve well in that capacity.”
another hit/buy
Same here $$$$$$$$$$$$$$$$ loaded and waiting.
Its different than before IMO,
EFIR had filling and LOI which happened after years for the first time.
They are getting together.
Its different than before IMO,
EFIR had filling and LOI which happened after years for the first time.
They are getting together.
That 60 mill and 27 mill buys make me wonder something about to happen here.
Not too many broker allows you to buy more than 10 mill block at a time.
Looks like MM's job.
Wait and see.
LOI/new bussines/merger news getting around. EFIR
EFIR $$$$$ happy to see interest growing here.
3's are out , 4's on the sight.
more filling today.
EGPI Firecreek, Inc. Signs LOI to Acquire Empath Towers LLC
They have revenue what ever you call it $$ , peso, dinar, yen, lol
Nice 10 mill hit
here is todays news.
EGPI Firecreek, Inc. Signs LOI to Acquire Empath Towers LLC
EGPI Firecreek to Initiate New Business Model as a Holding Company
SCOTTSDALE, AZ -- (Marketwired) -- 04/08/15 -- EGPI Firecreek, Inc. (OTC PINK: EFIR) (the "Company") is pleased to announce the signing of a Letter of Intent to acquire broadband and cellular tower industry experts Empath Towers LLC. (referred to as "Empath").
Founded in August, 2013, Empath Towers is a contract staffing business specializing in the broadband cable and cellular tower industry. In 2014, Empath generated revenues of $500,000 and projects to generate approximately $1.3 million in revenues for 2015.
While most work through Empath is subcontracted, there are opportunities for growth through internal crews which will then require capital expenditures (vehicle lease, trailer and tools). Growth is based on forecasted demand but not paid until and unless working. Thus, receivables build very quickly to support and cover cash usage, minimizing cash flow re-investment risk.
Empath Towers currently has customer contracts in place with the largest tower owners in the U.S., as well as several of the largest public and private general contractors and systems integrators serving the cell tower industry.
Empath is also quickly gaining a reputation as a high quality, high performance organization that consistently meets and exceeds customer expectations. This is resulting in increased requests and demands for services from Empath.
Empath is currently in discussions with several additional major system integrators regarding Empath's abilities in providing tower services. Further, as Empath Towers grows, they will be able to secure work directly from the carriers, which will increase billable revenues per project.
Growth Strategies include the expansion of line and antennae work, tower modifications in partnership with construction companies (up to 90% of all towers in the US are structurally inadequate), international line and antennae projects, tower painting and site acquisitions.
The market for Empath Tower services is significant and has been showing continued exponential growth. According to a 2013 industry report by Information Age Economics mobile broadband investments will average between $34-$36 billion per year from 2014 to 2017 ($1.2 Trillion cumulative) and will increase GDP in 2017 by 1.6% - 2.2% while generating up to 1.3 million new jobs.
Over 28,000 of these jobs will be directly attributable to the investment and build-out of wireless broadband infrastructures, which is driven by market demand for 100% wireless broadband availability, and driven by market and consumer demand for services that are continuously being developed and are fully dependent on this technology.
Mr. Fred Sussman, Empath Towers LLC, CEO, is a proven entrepreneur and business developer who has developed several businesses from concept to operation and sale. He is a hands-on manager with a history of building and leading strong management teams and comes with extensive experience in staffing, service and technology industry companies.
Dennis Alexander, EGPI's CEO, stated, "We are extremely pleased to announce the new strategic direction that EGPI Firecreek is moving towards as a Holding Corporation. The acquisition of Empath Towers will be an intricate part of the development of our company as a well-diversified operation capable of generating revenue streams in multiple high growth industries." He also stated, "We are now working diligently on becoming current with all of our SEC listing requirements and plan to move expeditiously towards the completion of this acquisition."
Fred Sussman, Empath Towers LLC, CEO, stated, "We look forward to being a part of the EGPI Firecreek organization. Our relationship with EGPI Firecreek via this acquisition will help to provide us the proper capitalization needed to grow revenues both organically and through acquisitions. This essentially will allow us to build Empath into a leader in the cell tower services industry, as consumer demand for mobile services continues to show insatiable growth. We are confident that Empath will soon be positioned to be an integral part of satisfying that demand."
This Letter of Intent is set to specific terms and conditions which both parties have agreed to in principle. Both parties desire to move in an expeditious manner in order to facilitate a Definitive Agreement and will allocate the time necessary in order to complete this acquisition in a timely manner. The Company expects to complete this transaction within the next 60 days. Completion is subject to the satisfaction or waiver of a number of conditions, including a satisfactory resolution of the creditors for EGPI Firecreek, an approval by the Board of Directors and receipt of all necessary requisite third party approvals.
About EGPI Firecreek, Inc.
EGPI Firecreek, Inc.'s business and acquisition strategy is focused in 2015 on building a diversified strategy initiated by commencement of activities in the Broadband sector, including line, antenna, and tower modification. The Company, through its wholly owned subsidiary Energy Producers, Inc., historically is focused on oil and gas with emphasis on acquiring existing fields with proven reserves or by the rehabilitation and enhancement of oilfields with potentially strong attributes for revenue and asset growth. The Company plans on continuing to seek out additional revenue producing businesses with strong growth potential to acquire as they look to diversify their interests over a broad base.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EGPI Firecreek, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreek, Inc.'s filings with the Securities and Exchange Commission.
Link back to original article on NuziNet.com
Link back to EGPI Firecreek, Inc. on NuziNet.com
CONTACT:
Public Relations and Shareholder Information
Joseph Vazquez
Phone: (754) 204-4549
Email: infinityglobalconsulting@gmail.com
Source: EGPI Firecreek, Inc.
NSAV got bids back.
.0105
.008
BRWC going fast
Great bid support, looks better
yahh, sometimes i hate it.
oh really. I know my broker what they allow or not.
thanks
My itrade does not allow me buy lots of stocks, so those are b/s stock ?
thats how are pinky stock,, some ok some not.
nothing new.
New high of the day coming
8-k was out this morning, waiting to see what unfold next.
not far .03
.0023 thin
how much LIGA increased 50 mill /500 mill or 5 bill not sure.thanks
7 mill hit
NEWS/FILLING out on MNVN
http://ih.advfn.com/p.php?pid=nmona&article=66035792&symbol=MNVN
NSAV .0002 prints
opened at .021 today
.007 prints
.007 up
bouncing
LIGA .0002 falling
loaded more other day, hoping for the best.