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$0.20 up 42% .
PCNH news ! I'm not yet in!
Payless Communication Holdings, Inc. Announces it has Received Operational Codes Required by BellSouth and Verizon for Interconnection
Thursday May 26, 11:07 am ET
HALLANDALE BEACH, Fla.--(BUSINESS WIRE)--May 26, 2005--Payless Communication Holdings, Inc. ("PCH") (OTC:PCNH - News) is very pleased today to announce to its shareholders that Payless Telephone Company, a wholly-owned subsidiary of PCH, has received the Operational Codes required by both BellSouth (NYSE:BLS - News) and Verizon (NYSE:VZ - News) in order to sign interconnection agreements. Payless Telephone Company now awaits the interconnection process to finalize all procedures. Payless Telephone Company intends to market its services to over 38 states in the USA offering Local, Long distance, Dial-up Internet, and DSL in different packages to its consumers.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
--------------------------------------------------------------------------------
Contact:
Payless Communication Holdings, Inc., Hallandale Beach
Ricardo J. Canal, 954-455-5008
--------------------------------------------------------------------------------
Source: Payless Communication Holdings, Inc.
AUML @$0.07 Too late to get in now! Saw It @ $0.017 yesterday.
MTDX News buyout @ $3.125
Motion DNA Receives $5.6 Million Deposit From Formula 51-2, LLC
5/26/05
PHOENIX, May 26, 2005 /PRNewswire-FirstCall via COMTEX/ --
Motion DNA Corporation (Pink Sheets: MTDX), announced it has received a deposit in the amount of $5,600,000 as part of the agreement with Formula 51-2, LLC for a buyout of all its outstanding shares.
The deposit was due before May 29, 2005 but was delivered on Wednesday by Jamir Miller, Managing Member of Formula 51-2. Last month, the companies agreed to a firm buyout price of $3.125 for each share of the company's outstanding stock. The buyout is awaiting a vote by the shareholders on June 17, 2005. The balance of funds to complete the buyout must be placed in an escrow account at the law offices of Greenburg-Traurig within 30 days of shareholder approval. The buyout agreement allows Formula 51-2 sixty days from the shareholder meeting to complete the acquisition of all the issued and outstanding shares.
Instructions are currently on the way via direct mail to the address of record for each registered shareholder of the company as of May 16, 2005 on how and where to call to register their confidential votes. A copy of the signed agreement is attached to the proxy statement for shareholders to review prior to their vote. Only those shareholders whose stock was purchased and cleared by the record date are eligible for the vote on June 17. Upon approval, all of the issued and outstanding stock of the company at the time of the close of the transaction will be acquired by Formula 51-2.
Motion DNA continues to operate under its business plan. Currently, the company is scheduling educational seminars, Injury Risk testing dates for prospective professional and collegiate baseball and fastpitch softball players through Perfect Game USA, and preparing to launch a new interactive website. Motion DNA's product development team also continues to work on improving the company's software.
About Formula 51-2, LLC:
Formula 51-2, LLC was organized under the laws of the state of Arizona in June 2003 by former professional football player Jamir Miller. Now retired from professional football where he starred on professional teams in Cleveland and Arizona. Miller has undertaken several business ventures including, a real estate development company and whole foods manufacturing plant, among other business ventures. Formula 51-2's mission is to locate and enhance existing, undervalued businesses through investments, mergers and acquisitions.
About Motion DNA:
Motion DNA Corporation provides diagnostic testing for medical professionals and sports organizations. Motion DNA's biomechanical analyses and detailed reports provide its customers and consumers with solutions for preventing injuries, identifying physical limitations, diagnosing pre-existing injuries related to biomechanics, and improving physical performance levels. For additional information on the company, please visit the company website at www.motiondnacorp.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
For more information on contact: Investor Relations Motion DNA Corporation 15023 N. 73rd Street Scottsdale, Arizona 85260 1.877.425.7734 toll free 480.425.7734 phone 480.991.7736 fax
SOURCE Motion DNA Corporation
Investor Relations of Motion DNA Corporation, toll free, +1-877-425-7734, or +1-480-425-7734, or fax, +1-480-991-7736 http://www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
RAPT @ $0.12 now!
RAPT @ $0.11 maybe the next NAUC .
Nice RAPT up 142% @ $0.092
Out CYOS $0.0113 .
CYOS $0.015 easy today!
In CYOS @ $0.0099
You were pumping this one yesterday and now What's up with that?
Posted by: Da Junkie
In reply to: Da Junkie who wrote msg# 84 Date:5/24/2005 10:34:48 PM
Post #of 97
Nowhere on stocklemon does it mention anything about the letter or has AMRE in there archives as well.
Tomorrow is MoMo to Da Top.
Cheer !!!
Da Junkie
Sorry ! Bashers and manipulators are not allowed here.
AMRE tanked yesterday although NAUC was up yesterday ,But Yup It's good to be cautious.
AMRE ! Greeeeeeeen.
I think it's a hoax. That thing started on RB since last week and did not affect AMRE or NAUC. Actually both did good after that hoax came out.
After pumping and selling his shares obviously he wants it to go lower so he can buy again cheap. I wonder why that article has been around for days and have no negative effect on NAUC. It just means one thing that article is a hoax.
JMHO!
Treepeople! Thats only a rumor. Sorry I had to delete that post.
AMRE Posted by: TRADE_4_MONEY
In reply to: None Date:5/24/2005 3:49:46 PM
Post #of 70
If you value AMRE based on the valuation of what the company owns at the current prices, AMRE worths over $3.7 a share.
As you know the recent AMRE rise has little to do with chart or TA, it has something to do with the fundamental changes - or NAUC IPO and the steady rise of NAUC. It is sort of like a drug company has just been approved by FDA on a blockbuster drug. I think now people just realized the close link between NAUC and AMRE, as NAUC rises, so should AMRE (even with a big discount rate). Even as NAUC falls, AMRE could still go up as the huge divergence exists between the valuation of AMRE and NAUC. AMRE's recent 10Q just gives an offical confirmation that AMRE indeed owns 51% of NAUC.
AMRE owns 25,000,000 shares of NAUC (net2auction), today NAUC is trading at at $4.50, AMRE's NAUC holding worths at $112 millions.
In addition to 25 million NAUC common shares they owned, AMRE also owns 6.5 million PREFERRED stocks of NAUC. The 6.5 million preferred shares could convert to 12 million additional common shares with a 1 to 2 conversion ratio. The 6.5 million preferred shares can easily add additional $50 millions to the table.
So based on NAUC's current market capitalization, AMRE should worth $162 millions.
Now lets look at RBSY (roboserver), RBSY is trading at 1.16, they also own 25 million shares, it translates to $ 29 millions. They also owns 6.5 millions preferred RBSY, this 6.5 million shares could translate to 12 million shares with 1 to 2 conversion ratio, it adds another $14 million.
NAUC and RBSV alone adds $162 + 29 + 14 = $205 millions to AMRE.
This valuation does'nt even include their other divisions such as the Harley motorcycle rentals, Self-Serve Technologies, Inc., and its 40% ownership of 449 and WDHQ, if they bring some of these divisions to IPO too, watch out, lol.
Per Transfer agent, AMRE has 49 million OS as of May 23, 2005 $205 millions divided by 49 million shares translate to $3.75 per share!!
So at the current price of $0.13, AMRE is trailing by $3.62 or with 96% discount over its fair value based on the market cap of its subsidaries.
Good! Now let's roll .
Weak hands are being shaken out!~ I expected this after 2 days of huge run.
lol! I'll hold my shares regardless.
I agree. AMRE owns 51% of NAUC based on my calculations it should trade no less than a discounted price of $1.10 .
Hey bro! Please turn off the CAPS! Tia
lol! What a buying opportunity thanks to their fear and panic.
I'm buying more @ $0.1450, They filled my bid @ $0.16.
AMRE I have some bid @ $0.16.
AMRE @ $0.218 Time to reload!
AMRE @ $0.212
AMRE , Posted by: Trops
In reply to: None Date:5/23/2005 9:36:16 PM
Post #of 42
Dragon what do you think?Todays closing calculations based on closing prices of nauc and rbsy along with my own opinions.I will sum it up as not to bore everyone.Nauc closed at 4.00 rbsy closed at 1.16.The value of our holdings in both is 129 million our shares out are 44 million.This equates to 2.93 shareholder value in amre.The markets will never take us to 100% value of shares being held due to market fluctuations.With that being said I will give the powers of the market a 50% decrease in the value of both nauc/rbsy(ridiculous but am low balling the figures).So even if nauc and rbsy were at 2.00 and .58 respectively amre should still trade at the 1.46 level based on the calculations above.In my opinion and this is without fundamental growth prospects their is no reason for amre to not be trading between 1.00-1.50 just to catch from being undervalued.Technicals have nothing to do with this as undervalued stocks that get noticed will rise to fair value then form a new technical base.No one can predict the markets but these are the numbers both currently and low balled.We shall see later
Thanks! Level2 thanks also.
Holding free shares after selling 70% @ $0.22 Up 26K .Still hoding some 30%.
AMRE Weeeeeeeeeeeeee! $0.23
You bet $0.25 easy .
Yup! My AMRE target is $0.80 this week.
AMRE @ $0.1550 up 180% hod.
AMRE @ $0.1440 Hod.
Good idea! I'll just stay long on AMRE for now.
AMRE my target is $0.80 this week.
NAUC traded $8M already! be carefull shorting that one. AMRE reloaded today below $0.09 in addition to my shares from friday.