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ISYN-radar, getting very prime here...
lil-mini, Yes I did, that was when the o/s was less than 100 million...It was the best sub out there, but on October 27th, when the last s-8 came out with 200 million shares, I turned very sour on them...Now I've joined you on the dark side...lol
BRIG, sorry, thought you bailed already...ARSW used to be my absolute favorite sub, still could bounce, seen worse subs bounce from here...
ARSW-Won't play this POS until .001, used to be my favorite sub, now I won't touch it now...The last s-8 turned me completely off to them...too bad, cause they used to be a low floater sub...under 100 million shares...
DWCM-in at .14, huge news...
ACG-in at $8.28 for monthly dividend of .07 per share..
APOA-shhh....
APOA-unreal...
ADVC news:
Advanced Communications Improves Financial Condition Bringing Total Debt Reduction to $1.4 Million
Thursday , October 30, 2003 08:32 ET
NEW YORK, Oct 30, 2003 (PRIMEZONE via COMTEX) -- Advanced Communications Technologies, Inc. (OTCBB:ADVC) ("ACT" or the "Company") announced today that in furtherance of its plan to restructure liabilities and put the Company in a position to move forward profitably, it has reduced its outstanding debt by $575,000 through a combination of bondholder conversions, debt forgiveness and settlements with accounts payable creditors, bringing the Company's total debt reduction to $1.4 million since September.
The recent $575,000 debt reduction, which has generated income of $200,000 to the Company, includes $66,000 of accrued interest that certain bondholders agreed to discharge, $80,000 forgiven by Company officers and directors for past services rendered, and $95,000 from debt settlements with accounts payable creditors. In addition and lending further support, the Board of Directors has agreed to waive its fiscal 2003 director's fees.
"We are significantly improving the Company's financial condition by reducing our debt and cleaning up our balance sheet," said Wayne I. Danson, ACT's President and CFO. Danson continued, "We are working hard and are pleased with the progress made in settling our debts, which is part of our restructuring plan to turn the company into a profitable business enterprise."
The Company has earned $375,000 of debt discharge income during its current fiscal year and anticipates resolving the majority of its remaining debt obligations by the end of the 2003 calendar year. All favorable changes to ACT's balance sheet will be reflected in the Company's second quarter interim financial statements.
About Advanced Communications Technologies Inc.
Advanced Communications Technologies Inc. ("ACT") owns the exclusive marketing and distribution rights throughout the North and South American markets to SpectruCell, a software-defined radio (SDR) multiple protocol wireless system that is currently being developed by an unrelated party in Australia.
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934. Although the Company believes that the expectations reflected in such statements are reasonable, no assurances can be given that they will prove correct. The Company remains exposed to certain risk factors which are outlined in the Company's Registration Statement as filed with the Securities and Exchange Commission on July 16, 2003. Statements made herein are not a guarantee of future corporate or stock performance.
HTML: http://newsroom.eworldwire.com/wr/102903/1836.htm
PDF: http://newsroom.eworldwire.com/pdf/102903/1836.pdf
ONLINE NEWSROOM: http://newsroom.eworldwire.com/1376.htm
LOGO: http://newsroom.eworldwire.com/1376.htm
SOURCE: Advanced Communications Technologies, Inc.
By Staff
CONTACT: Advanced Communications, Inc.
Wayne Danson
646-227-1600
ADVC news, YEHAW:
Advanced Communications Improves Financial Condition Bringing Total Debt Reduction to $1.4 Million
Thursday , October 30, 2003 08:32 ET
NEW YORK, Oct 30, 2003 (PRIMEZONE via COMTEX) -- Advanced Communications Technologies, Inc. (OTCBB:ADVC) ("ACT" or the "Company") announced today that in furtherance of its plan to restructure liabilities and put the Company in a position to move forward profitably, it has reduced its outstanding debt by $575,000 through a combination of bondholder conversions, debt forgiveness and settlements with accounts payable creditors, bringing the Company's total debt reduction to $1.4 million since September.
The recent $575,000 debt reduction, which has generated income of $200,000 to the Company, includes $66,000 of accrued interest that certain bondholders agreed to discharge, $80,000 forgiven by Company officers and directors for past services rendered, and $95,000 from debt settlements with accounts payable creditors. In addition and lending further support, the Board of Directors has agreed to waive its fiscal 2003 director's fees.
"We are significantly improving the Company's financial condition by reducing our debt and cleaning up our balance sheet," said Wayne I. Danson, ACT's President and CFO. Danson continued, "We are working hard and are pleased with the progress made in settling our debts, which is part of our restructuring plan to turn the company into a profitable business enterprise."
The Company has earned $375,000 of debt discharge income during its current fiscal year and anticipates resolving the majority of its remaining debt obligations by the end of the 2003 calendar year. All favorable changes to ACT's balance sheet will be reflected in the Company's second quarter interim financial statements.
About Advanced Communications Technologies Inc.
Advanced Communications Technologies Inc. ("ACT") owns the exclusive marketing and distribution rights throughout the North and South American markets to SpectruCell, a software-defined radio (SDR) multiple protocol wireless system that is currently being developed by an unrelated party in Australia.
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934. Although the Company believes that the expectations reflected in such statements are reasonable, no assurances can be given that they will prove correct. The Company remains exposed to certain risk factors which are outlined in the Company's Registration Statement as filed with the Securities and Exchange Commission on July 16, 2003. Statements made herein are not a guarantee of future corporate or stock performance.
HTML: http://newsroom.eworldwire.com/wr/102903/1836.htm
PDF: http://newsroom.eworldwire.com/pdf/102903/1836.pdf
ONLINE NEWSROOM: http://newsroom.eworldwire.com/1376.htm
LOGO: http://newsroom.eworldwire.com/1376.htm
SOURCE: Advanced Communications Technologies, Inc.
By Staff
CONTACT: Advanced Communications, Inc.
Wayne Danson
646-227-1600
LATINO, lmao, I'm never a sourprice...lmao Have you ever heard me complain about a stock on this board? NEVER...plus, I'm in at $1.97, so downside there is none for me...lmao Difference on this run will be the screeners will find the triple volume & price increase...they will be trying to find out why, when they do, the new buyers will gap it....Watch...
cameltoe, on APOA, buy it up, that's the only advice I have..lol Here's my logic, all moving averages are .05 or higher...the 50 day lower band is at .04, so the downside is....Well, I think you got the picture...lmao Personally, I have money reserved specifically for another 30k at .03's if, huge if, it makes it there...BUY it up...JMHO
FTUS-hang on, the ride has just begun...JMHO
APOA-grabbed another 15k at .051!! Whoo-hoo!!
babycakes...LMAO, you got out of FTUS...you'll be crying later...
FTUS-extremely oversold, news hasn't hit the wires & the volume will alert shorts to cover soon...JMHO
FTUS-I'm in now, you guys see this read:
FTUS just did a placement at 5 bucks a share...I'd say we have value here boys read on from sec filing ....On August 20, 2003, we sold 2,450,000 shares of common stock at $5.00
per share to accredited investors and received approximately $11.6
million in net proceeds, after deducting placement fees and other
expenses. This transaction also provides for warrants to purchase
490,000 shares at the same price as the initial shares purchased
exercisable until 90 days after the effective date of the registration
statement filed for the resale of the initial shares. In addition to
the placement fees, the placement agent received warrants to purchase
112,500 shares of our common stock at an exercise price of $6.00 per
share. These warrants will expire in August 2006. Depending on the
number of additional shares purchased by investors, the placement agent
is entitled to receive additional fees and an additional warrant to
purchase up to 22,500 shares at $6.00 per share.
ADVC-grabbed some here...
WNMI-grabbed another 100k at .0045...hehehe
WNMI-grabbed another 100k at .0045..hehehe
AEG-strong buy reco...JMHO
EAG-hold for $1.00, cause it's coming...JMHO
EAG-HUUUGE news..I'm in!!
MGCN-13 million float, dd it...
MGCN-place on watch...low floater...
MGCN-loaded up here...low floater...
WNMI-level 2 it, me, I loaded up at .0045 & will hold...she runs in .0005 increments like ARSW...
MAGR-gold play, mm's been loading it up...
SBC-sector leader yesterday, congrats to those who got in...
WNMI-hey subbers, looking for double minimum here...JMHO
WNMI-watch it pop soon..JMHO
WNMI-doubled down at .004!!
WNMI-doubled down at .004!!
MAGR-great buy op here...JMHO Hanging tight, mm's still buying it up...
MAGR-gold play...hyperactive late Friday...
SBC-3 white soldiers. Strong buy & hold recommendation...JMHO I'm in at $21.50 & expect to see $30+ in the next year or so...Watch for surprise earnings in the next year...They are strongly kicking butt on the competition in both DSL & Long distance plans...Place on watch, me, I loaded up..Plus the bonus, they pay a nice dividend...
MAGR-very active right now...
WNMI-grabbed 100k here...watch it...
FTUS-Strong buy reco very soon...JMHO Watching very closely for entry at $1.70's...After 3 days of selloff & the next support range $1.67-1.82, I'm going to make my first entry soon...JMHO If the support busts, then I'll average down at $1.10's...JMHO
r--l & buzz, WIN, call me crazy, but I'm still holding. I expected a major breakdown under $7.75, but it really never developed. The candle is pointing up now & is sitting under the 60 ema which is my strongest buy signal...It is so unbelievably oversold, I couldn't give up on it yet...They announced a .05 dividend for holders on record November 2, so I'm expecting a mini run in the next week...I have to stick with my chart & my gut on this one...Good luck guys!