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PTSC is getting closer to the June 10 deadline!
IDCN amazing! @ $0.0039 now.
Nice! $$$$$$$$
nice IDCN @ $0.003 . I'm not in. I wish I got in yesterday though.
Out EDGH @ $0.04 break even.
MTDX Yup! Something is wrong with that PR.
EDGH now @ $0.053 up 152%.
EDGH I was able to get partial fill @ $0.04 then the bid went up like crazy.
EDGH news ! EdgeTech Acquires 'Web's Biggest' Search Engine
EdgeTech Services Inc. Has Signed a Definitive Agreement to Acquire Internet Search Engine Web's Biggest Inc. SANTA MONICA, Calif. - PRNewswire-FirstCall - June 2
SANTA MONICA, Calif., June 2 /PRNewswire-FirstCall/ -- EdgeTech Services Inc. (www.EdgeTechservices.com) (OTC Bulletin Board:EDGH) has signed a definitive agreement to acquire Internet search engine Web's Biggest Inc. EdgeTech has also setup a share buyback plan to purchase up to 20 Million common shares.
EdgeTech will acquire Web's Biggest using Convertible Preferred Shares. As part of the agreement the company will receive a cash injection of $250,000 from Web's Biggest.
Web's Biggest (www.websbiggest.com) had net income of more than $1.5 million for the twelve months ending March 2005. Profits have grown more than 50% compared to the previous year with most revenue automatically recurring. Net margins are also more than 50%.
The high profit margins are due to its highly automated and scaleable IT infrastructure. This allows the company to grow rapidly without needing significant additional capital.
Web's Biggest is the world's largest "wiki" based search engine. Its Editors Choice directory is localized for 230 countries in 70 different languages.
Web's Biggest has licensed the entire Whois database of more than 40 million domain names, enabling them to search almost every website in the world. Other search engines rely on hyperlinks and manual submissions to find websites. In a recent study done by the company, other search engines missed a third to more than half the Web sites in Web's Biggest search results.
"This is a dramatic change in our company's direction that firmly places EdgeTech in one of the hottest sectors in Information Technology. The potential value of this transaction is tremendous for our shareholders," says Tae Ho Kim, CEO of EdgeTech.
"Web's Biggest's popularity worldwide, its high margin business model, high growth rate and its strong management team were factors that sealed our decision to move forward," said Kim.
"This deal will make EdgeTech highly profitable. Entering the internet search and directory space with Web's Biggest proprietary technology will provide our shareholders with dramatic upside," said Kim.
This will be an all-stock transaction result in a change in control. Additional details are available in EdgeTech's 8K filing on Edgar. EdgeTech will file Web's Biggest 8KA financial statement within 71 days.
EdgeTech plans to replace three directors with two new ones. Xavier Roy and Adam Radly from Web's Biggest will join the company's management.
Xavier Roy will be Chairman and CEO of EdgeTech. Roy has 20 years experience managing technology and consulting companies. He has had leading roles in Litton industries, Thomson Group, Cap Gemini Ernst & Young, Cinebase, Veon, and Etensity where he developed and implemented new strategies that resulted in a growth of sales and profits of more than 100%.
Adam Radly was founder and CEO of publicly traded ISIS. He helped raise almost A $100 million for the company. The company then merged with AAV (www.aav.com.au) to form Australia's largest media services company. Radly is also cofounder of XSIQ Pty Ltd (www.xsiq.com), a leading educational software company.
About EdgeTech
EdgeTech's primary business is IT consulting covering the following areas: IT Security, Biometrics, Business Solutions, Systems Engineering, Software Development and Project management. EdgeTech is a Business Partner to Microsoft, IBM, Symantec, Counterpane and many others. EdgeTech's clients include major government and private sector clients in Canada and the United States.
Press Contact:
Adam Radly, adam@websbiggest.com, Phone 310-857-6666
Tae Ho Kim, tkim@EdgeTechservices.com, Phone 416-441-4046
This press release distributed by PRWEB ( http://www.prwebdirect.com/ ), a service of eMediawire.
EdgeTech Services Inc.
Web site: http://www.EdgeTechservices.com/
http://www.websbiggest.com/
IDCN nice !
I'm watching it, It's already up big time so I'll wait for the news before I get in.
Nice! That's almost a 5 bagger!
Missed RAPT news this morning, Too late to get in now.
Bought some more PTSC @ $0.13 .
NWBT in @ $0.23
PTSC nice! closed @ $0.1520 up 43%.
PTSC now $0.1540 nice!
Nice call level2! PTSC $0.1470 now
PTSC hitting hod!
Out LJPC @ $0.73
PTSC @ $0.1350 , LJPC @ $0.74 .
In 10K shares LJPC @ $0.72.
PTSC I'm still in also!
PTSC from RB! By: aggie9518
27 May 2005, 10:47 PM EDT
Msg. 73715 of 73718
(This msg. is a reply to 73706 by Captain_Hype.)
Jump to msg. #
Captain: Funny how a rise in SP brings out all the riff-raff. Anyway, I have followed this closely and here is what is known. There was a CMC (court mandated conference) this week between PTSC and Intel over the patent lawsuit. Both side requested a postponement of two weeks (June 10) because they are in settlement talks. This is all that was said until someone can point me to the link saying something different.
Also known,is that AMD purchased 4 mil shares of PTSC in addition to licensing its products. The spokesman for AMD said a reason was to protect AMD from Intel. Lots of speculation as to what this was referring to. Possibly, Intel buying PTSC and owning the disputed patents. Pure speculation at this point until I see a link saying otherwise.
Everything else you read is pure speculation at this point. No one knows what type of settlement talks, or how much of a settlement is being discussed.
PTSC now @ $0.13 hod.
PTSC is just starting.
PTSC Gapping up!
PTSC from RB! By: aggie9518
27 May 2005, 10:47 PM EDT
Msg. 73715 of 73718
(This msg. is a reply to 73706 by Captain_Hype.)
Jump to msg. #
Captain: Funny how a rise in SP brings out all the riff-raff. Anyway, I have followed this closely and here is what is known. There was a CMC (court mandated conference) this week between PTSC and Intel over the patent lawsuit. Both side requested a postponement of two weeks (June 10) because they are in settlement talks. This is all that was said until someone can point me to the link saying something different.
Also known,is that AMD purchased 4 mil shares of PTSC in addition to licensing its products. The spokesman for AMD said a reason was to protect AMD from Intel. Lots of speculation as to what this was referring to. Possibly, Intel buying PTSC and owning the disputed patents. Pure speculation at this point until I see a link saying otherwise.
Everything else you read is pure speculation at this point. No one knows what type of settlement talks, or how much of a settlement is being discussed.
PTSC closed @ $0.1060 hod !
I'll just hold PTSC till next week. Maybe something is brewing.
PTSC @ $0.1030 I'm still in.
Have a Good one!
Out CYOS @ $0.016
PTSC @ $0.1070 now! maybe because of this news!
Intel Launches Dual-Core Chips for PCs
Thursday May 26, 9:17 pm ET
By Matthew Fordahl, AP Technology Writer
Intel Launches Dual-Core Chips for Mainstream Consumers
SAN JOSE, Calif. (AP) -- Intel Corp. unveiled its first mainstream home PC microprocessor with two computing engines on a single chip Thursday and vowed to sell millions of them by the end of the year.
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The Pentium D processor and supporting chips will target home computer users, particularly those who run more than one program at once or have software that is designed to take advantage of the extra computing horsepower of the chips' dual cores.
"We're shipping 100,000 this quarter, and we're going to ship millions by the end of the year," said Gerald Holzhammer, vice president of Intel's Digital Home Group. "This is a big deal for us. It's the first time dual core will make a real impact on the marketplace."
Intel also is hoping to persuade PC makers to include other technologies that make up the chip maker's "digital home" platform, including a chipset that improves graphics, sound, storage and security capabilities.
It's part of Intel's recent strategy to supply more than just microprocessors to computer markers. The move started in 2003, when Intel launched its Centrino technology that includes a processor, chipset and wireless radio tuned to work together in notebook computers.
The home desktop platform has not received a brand name, though executives said the matter was under consideration.
The Pentium D is not Intel's first dual-core chip. Earlier this month, Intel started shipping its Extreme Edition Pentium for PC enthusiasts and gamers. But its steep price tag -- as high as $1,000 per chip -- has kept it from the reach of most home users.
When purchased in volume, Pentium D prices range from $241 to $530 with speeds from 2.8 gigahertz to 3.2 GHz. Supporting chipsets range from $38 to $42.
Also Thursday, Intel announced the launch of a business desktop platform that features a greater maximum memory, remote management tools and security features. In its current form, the business platform doesn't include dual-core chips.
Next month, Intel rival Advanced Micro Devices Inc. is expected to launch its first dual-core chips for mainstream desktop computers. AMD has already launched a dual-core chip for servers.
Intel shares rose 37 cents to close at $27.37 Thursday on the Nasdaq Stock Market. AMD shares rose 20 cents, to $16.36, in trading on the New York Stock Exchange
Why is PTSC going up all of a sudden?
CYOS @ 0.014 hod
Yup, AMRE might be due for some bounce.
PNDR Out @ $0.15 also.
Wowwww! PNDR @ $0.15
PNDR nice @ $0.1150 now hod.
PCNH I'm still doing some DD .Not yet sure if the PR is legit or not.