Survivin the Shuckin and Jivin
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agreed, patience I have ;)
Not sure if I've told ya yet or not, but just wanted to thank you for bringing MCVE to my attention! Gonna be a fun one IMO. Much appreciated bud!
MCVE .035 offers taken out on sudden buying flurry. .037s up yet still under the radars of most...
LSG .428 - Nice break over it's 200 Day Moving avg. See if it can rise over the bollies and keep going. Not in but interested.
Little late day flurry of action on MCVE.
MCVE - Don't let it get away from you without at least giving it a good looking over. Just sayin….
In some DM .76. Liking the reversal potential here.
Still holding JALA and MCVE. They'll go
Bought some JALA for breakout potential.
JALA looks ready for breakout continuation. SAR tripped on growing volume. Cha ching time cometh looks like. Count me in
Picked up a few JALA with ADMD profits. Keep an eye on it imo.
You guys catch the ADMD action today by chance?
Bid creeping up .048 x .049!
Hey brother, not sure exactly but LOTS of recent form 4s caught my attn. Feels like big run in the works. I'm accumulating and hoping that gut feeling plays out in my favor. Good to hear from ya man!
4444444
Welcome to the pre party! "anytime the OWNERS are putting there private money into a company, i will do the same!" <---- This is what got my attention as well. GLTY bud
Don't feel like the Lone Ranger bud, I'm liking the potential here and am holding a position for the ride up. Gonna be a fun one imo. GLTY
Congrats CERP holders! Enjoy the ride.
Yes still in very small on a gamble. I had not seen the news, so thanks for the heads up on it. Much appreciated!
I agree 100% bud. Excellent report! Still hard to believe this one remains below the radar of so many. Oh well, I added more today with CGR profits. Time I've got! Gonna be a fun one IMO.
Enjoy your evening SC and gang!
THB
MCVE just so ya know: MacroSolve Announces 111% Increase in 2Q13 Operating Income
Third Consecutive Quarter of Net Income Driven by Mobile App Technologies & Licensing
http://finance.yahoo.com/news/macrosolve-announces-111-increase-2q13-212000490.html
MacroSolve Announces 111% Increase in 2Q13 Operating Income
Third Consecutive Quarter of Net Income Driven by Mobile App Technologies & Licensing
http://finance.yahoo.com/news/macrosolve-announces-111-increase-2q13-212000490.html
TULSA, OK--(Marketwired - Aug 26, 2013) - MacroSolve, Inc. (OTCQB: MCVE) ("MacroSolve" or the "Company"), a leading provider of mobile technology intellectual property and app venture mentorship, today announced financial results for its second quarter ended June 30, 2013.
Highlights for the second quarter of 2013 include:
Net revenues were $302,000 for the second quarter of 2013, a 47% increase over the same period in 2012
Net income from continuing operations in the second quarter of 2013 increased $224,000, or 111%, over the same period in 2012; and
Operating expenses in the second quarter of 2013 decreased by $183,000, a 55% decrease over the same period in 2012
Net revenues for the second quarter of 2013 increased $96,000 or 47%, to $302,000 as compared to $206,000 in the same period in 2012, as adjusted for the discontinuance of the Illume Mobile operations which was sold to DecisionPoint Systems, Inc. in July 2012. Similarly, for the six month period ended June 30, 2013, revenues increased $63,000 to $968,000 from $905,000 for the same period in 2012. A significant source of revenue comes from the Company's enforcement of its '816' patent.
Net income for 2Q13 was $12,000 or $0.00 per share, as compared to the 2Q12 net loss of $(234,000), or $(0.00) per share, an increase in net income of $246,000. The increase was primarily due to the sale of Illume Mobile and the elimination of its operating losses as well as corporate restructuring following the sale. The Company improved its use of cash in operations, with $156,000 cash provided by operating activities in the second quarter of 2013 as compared to ($608,000) cash used in operating activities over the same period in 2012. Cash on hand at June 30, 2013 was $821,000, an increase of $118,000 as compared to $703,000 on March 31, 2013 and an increase of $722,000 as compared to $99,000 on June 30, 2012.
Operating expenses decreased 55% in the second quarter of 2013 to $152,000 from $335,000 in the same period of 2012, as adjusted for the Illume Mobile divestiture. After the sale, the Company restructured its management and strategically reduced its operating overhead, resulting in $22,000 net income from continuing operations in the second quarter of 2013, a $202,000 increase, or 112%, from $(180,000) loss from continuing operations in the same period of 2012.
"The year-to-date financial results are positive in all respects," stated Kendall Carpenter, CFO. "We are running a lean operation, growing cash, reducing debt and increasing equity investments in our mobile app venture customers, a successful execution of our 2013 business strategy."
For further information please see MacroSolve's full 2Q13 10Q filing at www.sec.gov.
About MacroSolve
Founded in 1997, MacroSolve is heralded for its robust IP portfolio, while advancing throughout the mobile apps era by innovating key technologies that have laid the foundation for apps and next-gen developers. Today, MacroSolve is empowering a new era of mobile innovators seeking advisory and patent services and IP strength from a source of experience. For more information, visit www.macrosolve.com.
Safe Harbor Statement
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.
MacroSolve Announces 111% Increase in 2Q13 Operating Income
Third Consecutive Quarter of Net Income Driven by Mobile App Technologies & Licensing
http://finance.yahoo.com/news/macrosolve-announces-111-increase-2q13-212000490.html
TULSA, OK--(Marketwired - Aug 26, 2013) - MacroSolve, Inc. (OTCQB: MCVE) ("MacroSolve" or the "Company"), a leading provider of mobile technology intellectual property and app venture mentorship, today announced financial results for its second quarter ended June 30, 2013.
Highlights for the second quarter of 2013 include:
Net revenues were $302,000 for the second quarter of 2013, a 47% increase over the same period in 2012
Net income from continuing operations in the second quarter of 2013 increased $224,000, or 111%, over the same period in 2012; and
Operating expenses in the second quarter of 2013 decreased by $183,000, a 55% decrease over the same period in 2012
Net revenues for the second quarter of 2013 increased $96,000 or 47%, to $302,000 as compared to $206,000 in the same period in 2012, as adjusted for the discontinuance of the Illume Mobile operations which was sold to DecisionPoint Systems, Inc. in July 2012. Similarly, for the six month period ended June 30, 2013, revenues increased $63,000 to $968,000 from $905,000 for the same period in 2012. A significant source of revenue comes from the Company's enforcement of its '816' patent.
Net income for 2Q13 was $12,000 or $0.00 per share, as compared to the 2Q12 net loss of $(234,000), or $(0.00) per share, an increase in net income of $246,000. The increase was primarily due to the sale of Illume Mobile and the elimination of its operating losses as well as corporate restructuring following the sale. The Company improved its use of cash in operations, with $156,000 cash provided by operating activities in the second quarter of 2013 as compared to ($608,000) cash used in operating activities over the same period in 2012. Cash on hand at June 30, 2013 was $821,000, an increase of $118,000 as compared to $703,000 on March 31, 2013 and an increase of $722,000 as compared to $99,000 on June 30, 2012.
Operating expenses decreased 55% in the second quarter of 2013 to $152,000 from $335,000 in the same period of 2012, as adjusted for the Illume Mobile divestiture. After the sale, the Company restructured its management and strategically reduced its operating overhead, resulting in $22,000 net income from continuing operations in the second quarter of 2013, a $202,000 increase, or 112%, from $(180,000) loss from continuing operations in the same period of 2012.
"The year-to-date financial results are positive in all respects," stated Kendall Carpenter, CFO. "We are running a lean operation, growing cash, reducing debt and increasing equity investments in our mobile app venture customers, a successful execution of our 2013 business strategy."
For further information please see MacroSolve's full 2Q13 10Q filing at www.sec.gov.
About MacroSolve
Founded in 1997, MacroSolve is heralded for its robust IP portfolio, while advancing throughout the mobile apps era by innovating key technologies that have laid the foundation for apps and next-gen developers. Today, MacroSolve is empowering a new era of mobile innovators seeking advisory and patent services and IP strength from a source of experience. For more information, visit www.macrosolve.com.
Safe Harbor Statement
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.
Financial Statements Follow
MACROSOLVE, INC.
BALANCE SHEETS (UNAUDITED)
For the Periods Ended: 6/30/2013 12/31/2012
ASSETS
CURRENT ASSETS:
Cash $ 821,240 $ 659,204
Accounts receivable - trade 128,606 74,056
Prepaid expenses and other 46,319 519,330
Total current assets 996,165 1,252,590
PROPERTY AND EQUIPMENT, at cost: 4,237 21,651
Less - accumulated depreciation and amortization (1,298 ) (19,462 )
Net property and equipment 2,939 2,189
OTHER ASSETS:
Investment in DecisionPoint Systems, Inc. 650,557 579,875
Investment in MEDL Mobile Holdings, Inc. 53,939 -
Investment in Endexx Corporation 13,982 -
Other assets 68,955 64,227
Total other assets 787,433 644,102
TOTAL ASSETS $ 1,786,537 $ 1,898,881
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Current maturities of long-term debt $ 90,000 $ 90,000
Accounts payable - trade and accrued liabilities 125,487 84,062
Unearned income 10,000 500,000
Total current liabilities 225,487 674,062
LONG-TERM DEBT, less current maturities
Note Payable - Shareholders 557,631 541,752
Oklahoma Technology Commercialization Center 80,000 125,000
Convertible debentures 150,000 150,000
Total long-term debt, less current maturities 787,631 816,752
COMMITMENTS AND CONTINGENCIES - -
STOCKHOLDERS' EQUITY:
Common stock, $.01 par value; authorized 500,000,000 shares; issued and outstanding 185,683,100 and 179,831,987 shares, at June 30, 2013 and December 31, 2012, respectively 1,856,831 1,798,320
Additional paid-in capital 13,232,497 13,230,111
Accumulated other comprehensive income (96,521 ) (170,125 )
Accumulated deficit (14,219,388 ) (14,450,239 )
Total stockholders' equity 773,419 408,067
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,786,537 $ 1,898,881
MACROSOLVE, INC.
STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED)
For the Quarters Ended For the Year to Date
For the Periods Ended June 30, 6/30/2013 6/30/2012 6/30/2013 6/30/2012
Net revenues $ 302,253 $ 206,275 $ 968,351 $ 905,507
Cost of revenues 129,069 73,761 408,116 357,027
Gross profit 173,184 132,514 560,235 548,480
Selling, general and administrative expense 151,766 334,781 307,893 672,074
Income from operations 21,418 (202,267 ) 252,342 (123,594 )
OTHER INCOME (EXPENSE):
Interest income 4,008 20 4,220 28
Interest expense 12,755 32,012 25,306 116,156
Loss on sale of asset - - 436 761
Total other expense 8,747 31,992 21,522 116,889
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFOREINCOME TAXES 12,671 (234,259 ) 230,820 (240,483 )
INCOME TAXES - - - -
NET INCOME (LOSS) FROM CONTINUING OPERATIONS 12,671 (234,259 ) 230,820 (240,483 )
DISCONTINUED OPERATIONS
Loss from operations of discontinued Illume Mobile operations - (545,175 ) - (1,243,981 )
NET INCOME (LOSS) 12,671 (779,434 ) 230,820 (1,484,464 )
OTHER COMPREHENSIVE INCOME, net of tax
Unrealized holding gain arising during the period 73,603 - 73,603 -
COMPREHENSIVE INCOME (LOSS) $ 86,274 $ (779,434 ) $ 304,423 (1,484,464 )
INCOME (LOSS) ALLOCABLE TO COMMON STOCKHOLDERS:
Net income (loss) $ 12,671 $ (779,434 ) $ 230,820 (1,484,464 )
Income (loss) allocable to common stockholders $ 12,671 $ (779,434 ) $ 230,820 (1,484,464 )
Basic and diluted net income (loss) from continuing operations per share $ 0.00 $ (0.00 ) $ 0.00 $ (0.00 )
Basic and diluted net loss from discontinued operations per share $ 0.00 $ (0.00 ) $ 0.00 $ (0.01 )
Basic and diluted net income (loss) per share $ 0.00 $ (0.00 ) $ 0.00 $ (0.01 )
Contact:
MacroSolve Contact
info@macrosolve.com
CGR .3189 Rollin
CGR HOD .319, closed .3189 on highest volume in atleast 6 months.
Great Recovery: Claude Resources to double output At Seabee as operation continues to grow
http://www.canadianminingjournal.com/news/great-recovery-claude-resources-to-double-output-at-seabee-as-operation-continues-to-grow/1002375972/
(Worth a re-read IMO)
By: Marilyn Scales
2013-06-01
Having poured its one-millionth ounce of gold last summer, Claude Resources is well on the way to doubling the output of its Seabee project despite this spring’s dip in the gold price. Exploration success in northern Saskatchewan is the reason.
Claude is currently mining the Seabee and Santoy 8 underground gold deposits located about 125 km northeast of the town of La Ronge, SK. Longholing is the predominant mining method.
Completed in January this year, the Seabee shaft deepening to 980 metres from 600 metres has cut mining costs by reducing ore hauling distance, maintenance and labour. It has a skipping capacity of 1,000-t/d, that currently hauls waste and ore. Waste is also used as backfill in the mine.
Ore is treated on site in a 1,050-t/d mill, currently operating at between 750 and 850 t/d. This is a conventional carbon-in-pulp mill with a gravity circuit that recovers about 30% of the gold. After electrowinning and refining into doré bars, the overall gold recovery rate is 95%.
The Seabee operation produced 49,570 oz of gold in 2012 from a record mill throughput of 275,235 tonnes grading 5.86 g/t Au. Unit cash costs came in at $997 per oz.
The company flies its employees into the camp on a two-week rotation or in the case of management, on a four days in/three days out schedule. About 150 of its 350 employees are at the site at any one time. Supplies are trucked in over a winter road.
So how is Claude faring after this spring’s dip in the gold price? The company has the flexibility to decrease expenditures fairly rapid. Claude has already decreased overall expenditures in 2013 by 20% from 2012 and plans to make further adjustments.
The company began a review of cash flow optimization in November 2012, well ahead of the softening gold price. It is scrutinizing the non-revenue generating business units.
Nonetheless, the company remains bullish on the longer-term price of gold. That, coupled with plans to double output, will leave it in an excellent position to prosper.
The opportunity to double production – from about 50,000 oz/year to nearly 100,000 oz – is directly attributable to the discovery of not one but two high grade deposits in 2011. Both are near the Seabee operation, so they can be developed using much of the existing infrastructure.
The first discovery is the 8.8-g/t Santoy Gap deposit. It is east of the Seabee mine and mill and north of the Santoy 8 mine, and will soon be reachable from Santoy 8 by an 800-metre exploration ramp. With resources of 281,000 indicated oz and 357,000 inferred oz, Santoy Gap is the best discovery ever made in the Seabee gold camp.
It’s a big game changer for Claude, and the company is moving as quickly as possible to get it into production during the second half of 2014. That as much as anything will provide the expected boost to output.
The other recent discovery is the L62 deposit that is west of, and accessible from, the Seabee Mine. L62 contains approximately 110,000 oz of gold at a grade of 7.6 g/t. Daily mucked tonnage is variable depending on the development schedule.
More success on the horizon
With so much exploration success near its Seabee operation, Claude is also turning its attention to two other projects.
It owns the Madsen gold project, a former producer 16 km west of Red Lake, Ont. A restart there could be accomplished very quickly thanks to the existing infrastructure. The land package includes a fully permitted 500-t/d mill, tailings management facility and underground mine with a 1,220-metre shaft.
Production from 1938 to 1976 totaled 2.45 million oz. There remain 2.3 million indicated tonnes at 8.93 g/t Au for 928,000 contained oz and 788,000 inferred tonnes at 11.74 g/t for 297,000 contained oz.
The 2012 Madsen drill program extended the 8 zone at depth and confirmed the conceptual potential beneath the Austin Tuff. Work is currently underway on a scoping level analysis of the project.
Claude’s other notable exploration property is the Amisk gold project located in Saskatchewan, 20 km southwest of Flin Flon, Man. The project is still in its earliest stages, but 30.15 million indicated tonnes at 0.85 g/t AuEq and 28.65 million inferred tonnes at 0.70 AuEq has the company thinking this deposit may have open pit potential. The deposit is classified as a volcanogenic massive sulphide gold-silver occurrence.
The company is completing a preliminary economic study for Amisk, and it was to be completed by the end of June 2013. However, the estimated 1.4 million contained gold-equivalent ounces is not enough to justify development at current gold prices.
To take advantage of its exploration successes in northern Saskatchewan and elsewhere, Claude Resources has assembled a loyal workforce, many of whom have been with the company for 20 years. The company has also recently beefed up its environmental and technical departments with new hires from other mines. The people and the assets together will ensure a profitable future for a well-managed junior.
CGR HOD .30 - Closed at .02888 on continued strong volume.
Hey chriswi, I'd like to see this thing test the 200 day moving average currently around the .41 level. We'll see how it does when it gets there. Nice break of the 100 day moving average today at .277. Looking quite bullish at the moment. GLTY
CGR .26 - Reversal play. Watch it imo
In at .234927266667889809078908908098211343892897271212423482034771
why you boot me from chat ya jackwagon? Nice new homepage look, be even nicer if I could enter chat though lol
CGR .26 - Closed over it's 50 day moving avg for first time since Jan on strong vol increase. Watch it ladies!
Awesome day! First break and close above the 50 Day MA since Jan. And with strong volume. Reversal shaping up nicely imo.
I'm riding this one with ya bud. Nice reversal setup. A confirmation break of MA 50 on the 6 mo daily should wake this one up again imo. Good to see ya here man, Cheers Mate!
Yikes! I picked up a big girl at the local walmart once that behaved the same way. Luckily, she had less teeth lol
Don't cha just hate these cheap bastards who can't reply to PM's because they refuse to buy a membership!
FNMA nice lil pop this morning I see!
CGR .235 - Keep an eye on it imo.
ADMD .07 - Trading over it's 50 day MA for first time in a long time. Volume building a bit. Worthy of a watch imo.
ENVS .0163 - Keep an eye on it gang. IMO (Link Back For Original Post)
Nice day for sure….Finally lol