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SVNX still running...this thing is becoming a monster.
Been accumulating SVNX since last week...very low float and very promising company!
Saba is one of the most beautiful places I've been. You staying at Willards??
HDTV...doesn't this sort of violate Reg FD? The Analyst is basing his comments off of a meeting with LG Management, and not in some public forum...does anyone else think that's a little odd?
For HDTV, CES starts tomorrow. There should be some good announcements coming out...I think it's a buy (but I did in the mid $8s also!)
Already loaded the boat on HDTV...with CES next week, this could really move!
Wanted to start a thread for this great little company I found. They should be providing an update on sales of their newest device when they announce Q3 numbers (probably mid October). I think this one could run to $5+ if sales are going well!
Sure, if only we could find him!
I just love that movie! So well written.
Thanks choad...I'm out of most of it already.
Thanks hack. You were on the money today! (or should I say "in the money"!)
CALM...they're due for some analyst coverage, which should give it a nice pop!
Sold some CALM here in the low $16s...better safe than sorry!
hack, with CALM up over $1.50, I'm not sure I'd agree the shorts are winning! But if they want to pile on more shorts at this point, that's fine for me...more food for fodder later!
CALM is on pace to trade more than it's entire float today!! WOW!
Amen to that brother!!
Nice trade hack! I'm holding this one...I think it sees $20 shortly!
Thanks hack. I'm surprised the 10 DMA is that high...I don't have the charts in front of me, but I don't seem to recall CALM trending that high lately. Oh well, time will tell!
Thanks again.
Bad visual... But I'll take the gain any way I can get it!
hack, what does that range represent in regards to CALM?
Thanks.
CALM will rock today! More than the entire float is shorted!
Thanks Jerry!
Jerry,
What's the ticker symbol for the DOW and NAZ futures please?
Thanks in advance.
Earnings out tomorrow nite. Anyone have a take? I think they beat by 2 cents, and raise estimates for Q2.
OMM has been in a strong uptrend, and in a very strong sector as of late. Let's get some discussion going about this stock/company.
I am VERY long this stock right now.
Best of luck to all.
Well, I'm waiting till the end of tomorrow, then I'll dump my shares if they haven't produced the 10-K. They will have lost all credibility with me!!
Does this tell us anything??
Thanks in advance.
http://biz.yahoo.com/e/040325/igii.ob8-k.html
Gary or anyone have any idea how many shares Westcap got for their investment?
Thanks.
IBSG International Retains Investment Banker
Thursday February 26, 10:28 am ET
CELEBRATION, Fla.--(BUSINESS WIRE)--Feb. 26, 2004--IBSG International, Inc. (OTCBB:IGII - News) announced today that it has completed an investment agreement through WestCap Securities. The additional capital infusion is part of an overall expansion plan aimed at accelerating sales and providing additional equity to fund initial implementation costs associated with government or quasi government contracts. The company is targeting to raise $3 million in additional capital which has already been partially funded. The capital will be primarily utilized for continued expansion, strategic acquisitions and to increase services to existing customers. "The additional capital infusion we are completing is part of our overall growth strategy to expand our business development efforts, strategic acquisitions and general operating growth," stated Dr. Michael Rivers, CEO of IBSG International.
Mr. Tom Rubin, CEO of WestCap Securities stated, "IBSG International is an exciting company with tremendous growth potential. We have made a substantial commitment to IBSG International. We believe this additional investment will allow the company to continue to rapidly expand its market penetration through additional marketing and to expand its existing contracts with its customers."
Big volume today. At least 2 blocks of 100K shares went through. Something's up!!
Also HH, since I'm not a member, I can't send private replies!
Regards.
Here is the link...
http://biz.yahoo.com/bw/040217/176144_1.html
IGII...this is weird. After the report this morning that the 8K wasn't complete, they just released this announcement?? Sounds good, I think!
IBSG International Confirms Closing of Acquisition [DFDBVNJ]
Business Editors/High-Tech Writers
CELEBRATION, Fla.--(BUSINESS WIRE)--Feb. 13, 2004--IBSG
International, Inc. (OTCBB:IIGI) announced today that the previously
reported acquisition of Intelligent Business Systems Group, Inc.
(IBSG) has been formally completed.
About IBSG:
IBSG, a subsidiary of IBSG International, commenced business in
1997, and is now in its sixth straight year of profitable operations
selling enterprise solutions that is designed to greatly enhance the
operating efficiency and create revenue for State Small Business
Development Centers, business associations (e.g. Chambers of Commerce)
and Fortune 1000 corporations through the licensing of its proprietary
turnkey digital service center software, which provides a broad range
of digital budgetary, administrative and commercial services (B2B,
e-commerce, government to business and enterprise business services)
on a single platform known as the NetPool Data System (copyrighted).
As a software provider, system integrator and Application Service
Provider, IBSG generates its revenue from license sales, system
modifications, system support, and a percentage of monthly customer
fees. IBSG clients, among others, include the Small Business
Development Centers of California, National Black Chamber of Commerce,
San Joaquin Delta College and North Dade Chamber of Commerce.
Forward-Looking Statements:
Statements about the Company's future expectations, including
future revenues and earnings, and all other statements in this press
release other than historical facts are "forward-looking statements"
within the meaning of section 27A of the Securities Act of 1933,
Section 21E of the Securities Exchange Act of 1934, and as the term is
defined in the Private Litigation Reform Act of 1995. The Company's
actual results could differ materially from expected results. The
Company undertakes no obligation to update forward-looking statements
to reflect subsequently occurring events or circumstances. Should
events occur which materially affect any comments made within this
press release, the Company will appropriately inform the public.
-0-
*T
Intelligent Business Systems Group International Inc.
World HQ
1132 Celebration Blvd.
Celebration, Fl 34747
(321) 939-6321
*T
--30--CP/mi*
CONTACT: Redwood Consultants LLC, Novato, Calif.
Jens Dalsgaard, 415/884-0348
HH, can you post a link to the Raging Bull board? I can't find it.
Thanks.
Well, it's certainly not the best of news. It's either true and valid information (and I was involved in one of these "reverse takeovers", and they can consume lots of money and time with the Accountants and Legal, so I know it's not easy), or it's B.S., and this is just a scam. From talking to them, I would say it's the former (and have done so with my money by taking a decent size position in the company). Looks like we should know within a month. Also, I recommend you call the good Dr. himself. He's very forthcoming (or appears to be)!
Good luck.
Projections keep going up. I think once the 10K comes out, this will react nicely.
http://biz.yahoo.com/bw/040211/115475_1.html
Well today sort of stunk. We really need the release of that 10Q (or is it K), so people can clearly see what the audited numbers look like! Hope it's out soon!
Good info gary. I'm on the road right now, so haven't been able to call him myself, but I should be able to next week!
As far as the listing, again, it's sort of a chicken and egg situation, as the stock has to be over $5 to list on NAZ!
I'll go back and double check.
Thanks!
I appreciate your feedback Gary...don't ever hesitate to post your thoughts.
I don't remember Rivers mentioning raising new capital? I'll give him a ring also. I do remember him saying they are looking at potential acquisitions. As I said, I think they are going through some growing pains, and don't really know how to handle investors and the media yet, but I'm hopeful they get there shortly.
If you speak to the Doc, please post the gist of your conversation, and I'll do the same!
Thanks!
Gary,
I agree. The BBs suck for trading. Some of that buying today was my own. I truly think this stock can be a $10 stock within a year, if they continue to execute. The key is getting off the BBs though. It will gain much larger appeal and interest once it gets on NASDAQ! But they have to be above $5 to list on the NAZ...let's hope that's soon!
I've had conversations with the CEO and the IR folks, and am getting the same numbers you have, and I get the feeling they are being conservative. With a goal of over $20M in sales and $13M in EBIDTA and about $4M in earnings, I really like they way this is shaping up!
Best of luck!
So what does everyone thing about this company? The press releases sound great, though I'd like to see the 8K (or is it the 10K) file so we have completely accurte info.