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I think it will be good in the long run as long as the company post a profit. I am not sure what Phil's long term plan is but I am hoping that he is not just looking at Revenue. As an investor, I want to see profit as well. Revenue is nice but he needs to prove that our investment is just not all on Revenue but making sure the company is profitable as well. I rather see a revenue of 50 mil a year and 5 million in profit and grow at the same time and concurrent. Revenue and profit has to grow simultaneously and side by side. That will bring the PPS up for sure. I am still trying to figure out how the company is going to pay the other 31% of Tek. I hope cash not shares. Good luck to all and peace on earth.
Augie
Hello J, It has been a roller coaster ride for the past few weeks. Regarding your question, it is hard to say... I have been trading BRVO more than NMKT. Day trading for that matter. Not all the time but I have been taking advantages when it runs and buy on their dips. But of course, it is tricky at times since you cannot tell when it will pop and dips.
I still owe you for introducing me to it. I was going to send you some chocolate Macadamia Nuts but was waiting too long for that address that you never gave me... My daughter and her friends ate it :) sorry about that. Anyway, I am holding NMKT and been holding it for the longest time. Still hoping for that breakout! Soon I hope or I may just sell and trade some other stocks out there. Don't want to make my money sleep too long. Any thoughts on this... Are you still holding NMKT or did you sell as well? SBC357 sold hers and waiting for a good time to come back. I think alot of shreholders have done this. Not sure who else...
Anyway, Good luck to you and all. Peace on earth.
Augie
NMKTTOTHEMOON, Welcome to the board!!! Copied the excerpt from the site. Good luck to all and peace on earth.
Augie
AMEX Audit Charter
Date: 8/24/2005
CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF NEWMARKET TECHNOLOGY, INC.
This charter governs the operations of the Audit Committee (the "Committee") of the Board of Directors (the "Board") of NewMarket Technology, Inc. (the "Company"). At least annually, the Committee shall review and reassess this charter and recommend any proposed changes to the Board for its approval. The Company shall make this charter available on its web site at www.newmarkettechnology.com.
Role of the Audit Committee
The Committee's primary responsibilities fall into three broad categories:
First, the Committee is charged with monitoring the preparation of quarterly and annual financial reports by the Company's management, including discussions with management and the Company's outside auditors about draft annual financial statements and key accounting and reporting matters;
Second, the Committee is responsible for matters concerning the relationship between the Company and its outside auditors, including recommending their appointment or removal; reviewing the scope of their audit services and related fees, as well as any other services being provided to the Company; and determining whether the outside auditors are independent (based in part on Independence Standards Board Standard No. 1); and
Third, the Committee oversees management's implementation of effective accounting controls, and reviews recommendations of the Company's internal auditing program.
Composition of the Audit Committee
1. The Audit Committee shall consist of at least two Board members, all of whom meet the requirements for independence under the SEC rules and American Stock Exchange listing standards.
2. Prospective members shall be recommended by the Nominating and Governance Committee, if one exists, and shall be appointed by the Board. One member shall be designated by the Board as the Committee Chair;
3. All members shall be financially literate, as determined by the Board in its business judgment, or shall become so in a reasonable period of time after appointment; and
4. At least one member of the Committee shall have accounting or related financial management expertise, as determined by the Board in its business judgment, and shall be a "Financial Expert," as defined by the SEC.
Meetings
The Committee shall meet at least four times per year or more frequently as circumstances require. The Committee may have in attendance at meetings members of management, consultants, or others it deems necessary in order to provide the information necessary to carry out its duties. The Committee will also meet periodically in executive session without members of management present.
Committee Duties and Responsibilities
The Committee shall have the following duties, responsibilities and powers:
1. With respect to the independent accountant, the Audit Committee shall:
(a) have the sole authority to appointment or to replace the independent accountant (subject to stockholder ratification), and shall be directly responsible for the compensation and oversight of the work of the independent registered public accountant engaged for the purpose of preparing or issuing an audit report or related work or performing other audit, review or attest services for the Company. The independent accountant shall report directly to the Audit Committee. The Audit Committee shall also be responsible for the resolution of disagreements, if any, between management and the independent accountant regarding financial reporting.
(b) pre-approve all audit and permitted non-audit services, including engagement fees and terms of such services, to be performed for the Company by its independent accountant. The Audit Committee may delegate the authority to pre-approve services to a subcommittee consisting of one or more members of the Audit Committee. To the extent deemed necessary, the Audit Committee may establish policies and procedures for the pre-approval of all permitted non-audit services to be provided by the independent accountant.
(c) establish procedures for the receipt, retention and treatment of complaints received by the Company regarding accounting, internal accounting controls or auditing matters, and the confidential anonymous submission by employees of the Company of concerns regarding questionable accounting or auditing matters.
(d) have the authority to retain independent outside legal, accounting or other advisors, to the extent that it deems necessary to carry out its duties.
(e) determine the appropriate amount of funding to be provided by the Company to the Audit Committee, for payment of compensation to (i) the independent accountant engaged for the purpose of rendering or issuing an audit report or related work or performing other audit, review or attest services for the Company; and (ii) any advisors retained by the Audit Committee.
(f) Meet regularly with the independent accountant. Meet separately on a periodic basis with management, the internal auditors and the independent accountant. Provide an opportunity for the independent accountant to meet with the Board when necessary and appropriate;
(g) Confirm and assure the independent accountant's independence by:
(i) Reviewing the independent accountant's annual written statement delineating all relationships between the independent accountant and the Company;
(ii) Monitoring, pre-approving and, if appropriate, limiting fees paid to the independent accountant for audit services, internal control-related services, and other non-audit services;
(iii) Discussing with the independent accountant any relationships or services that may affect the independent accountant's objectivity or independence;
(iv) Verifying that the independent accountant has complied with requirements regarding the rotation of lead audit partners; and
(v) Confirming and assuring no attempts have been made to improperly influence the performance of the independent accountant's audit functions.
(h) Review and approve the annual audit plan and the audit reports of the independent accountant;
(i) Obtain and review, at least annually, the independent accountant's report describing: the independent accountant's internal quality-control procedures; any material issues raised by the most recent internal quality-control review, or peer review, of the independent accountant, or by any inquiry or investigation by governmental or professional authorities, within the preceding five years, respecting one or more independent audits carried out by the independent accountant; any steps taken to deal with the issues; and all relationships between the independent accountant and the Company; and
(j) Set policies regulating the hiring of employees and former employees of the independent accountants.
2. With respect to the internal accountant the Committee shall:
Review periodically internal audit activities, staffing, and budget, to assure the appropriate level of resources is available.
3. With respect to the Company's financial disclosures, the Committee shall:
(a) review all related party transactions on an ongoing basis;
(b) Review with management and the independent accountant:
- Significant financial reporting issues and judgments made in connection with the preparation of the Company's consolidated financial statements;
- Significant issues regarding the Company's accounting and reporting principles and practices, including critical accounting policies;
- Significant changes or developments in accounting and reporting principles and practices;
- the results of the audit, including a review of any audit problems or difficulties encountered by the independent accountant in the course of the audit work, any restrictions on the scope of its activities or access to required personnel or information, and any disagreements with management;
- any significant changes required in the scope of the independent accountant's audit; and
- principles of accounting proposed or promulgated by regulatory accounting authorities;
(c) Review legal matters that may have a material impact on the consolidated financial statements with the Company's management
(d) Review the annual audited and quarterly reviewed consolidated financial statements, including "Management's Discussion and Analysis" or "Plan of Operation" with management and the independent accountant prior to the Company's filing of the related Annual Report on Form 10-KSB (or Form 10-K) and Quarterly Reports on Form 10-QSB (or Form 10-QSB), respectively, with the SEC;
(e) Recommend to the Board whether the audited consolidated financial statements be included in the Company's Annual Report on Form 10-KSB prior to its filing;
(f) Review the Annual Report on Form 10-KSB and the Quarterly Reports on Form 10-QSB prior to their filing.
Oversight Role:
The Company's financial statements are the responsibility of management. The independent accountant's responsibility is to plan and perform its audit to obtain reasonable assurance that the financial statements present fairly, in all material respects, the Company's financial position, results of operations and cash flows. The Company's internal audit function is responsible for providing an independent, objective appraisal of the Company's business activities to support management in its responsibilities to conduct operations in an environment of effective internal control, and in its assertion of the effectiveness of these internal controls for regulatory reporting purposes. The Committee's responsibility shall be to oversee these activities and the other matters outlined in this Charter.
Scovillez, you are absolutely right. See that is my problem. When things slow down at the office I tend to watch the market on a daily basis and it makes me wonder why NMKT is always in the red. I am doing my DD again on the company. It has been awhile I did anything with it. (My Bad!!!). I was looking at the Yahoo and did you see all the insider transaction? They are all sells no buys. What is up with that one? That is why I am getting frustrated. I think I need another vacation. Anyway, hope it will turn around this coming fall.
Good luck to all and peace on earth.
Augie
Here we go... Down to the .30's again. Did we just come of out this earlier back this year... You got to love it This is just frustrating. I am not sure how much more I can handle the up and down price of NMKT. China better give us a boost on this one and let the Chinese buy some NMKT stocks and help the company. Good Luck to all and peace on earth.
Augie
Eastunder, SBC, and the rest of the gang. Since work load is not as heavy this week... I have been reading some of the post on RB. Boy, have you guys read some of the stuff out there... It appears that all the posters are upset with the company. Most of the post are negative. Are we missing something.... I guess I better do some research again on the company and make sure that our investment is not going down the drain. Can't let that happen now would we... Any insights, thoughts, anything are always welcome. Good luck to all and peace on earth.
Augie
I believe they were late filing the 10QSB. I am kinda hoping for a bigger jump in price. Oh well... Good luck to all and peace on earth.
Augie
10QSB filed. http://www.otcbb.com/asp/Info_Center.asp
Good luck to all and peace on earth
Augie
Hi Pete, Jen, SBC, and the board,
First of all I want to apologize for my last post. It did not come out right. What I was trying to say was I had been busy with other stuff not " I had better things to do". Anyway, I hope you guys forgive me. I should have read it first before submitting the post. Anyway, Pete, yes I am still around. I am still hopeful for NMKT to reach that dollar range again. About BRVO, I think they will do good. That company has a bright future in my opinion. Yes, I made some money with them and I am still holding and trading at the same time. In fact, it is my next highest holding next to NMKT.
Jen, whenever you have a chance if you want to talk to IR with other board members on a conference call let me know. My calendar is freeing up since my daughter is in school now and work is lighten up a little bit. Let me know so I can arrange with IR. It is about that time to see what is happening with NMKT's plans, future etc... I have not been reading any boards lately. I see that the board has quiet down as well. Summer blues???
Still holding and will be accumulating again since we are at the low price. Don't you just love it getting in the lows and selling when it pops? Good luck to all and peace on earth.
Augie
Hello to all Longs, Sorry did not check with the board for a while. Since I know it will be a slow Summer... Have other better things to do. Anyway, still holding strong even though our share price is in the toilet. You just have to hold and be strong since we will be there soon. It is just a matter of time and timing. Summer is usually slow for OTCBB stocks and not to mention with NMKT. To those who are following this stocks since IPVO you know what I am talking about. At this prices, it is good to accumulate if you have the funds and sell when it pops. I know it has been frustrating and disappointing to see the share price go up and come back down. I know. Believe me. As long as Management is on track with their goal to reach 75 million plus post great profits we have nothing to worry about. That one you can take to the bank when it goes up again. Good luck to all and peace on earth.
Jen, I still have BRVO but sold some when it went to 1.15. Bought some more of BRVO when it hits the .80's. Still holding the other I have. Have not sold XMSR yet to get SIRI.
Well, what can I say. I am back to where I started with NMKT. It is very frustrating to see the PPS go up and back down to where it started. It is very hard to predict what NMKT is doing in regards to PPS. Charts and other stuff don't mean squat. But and again, it is Summer time. Every Summer, IPVO or NMKT has a lousy PPS action. I am sure those who has been holding NMKT during those years knows what I am talking about. Everyone must be enjoying their Summer break Oh Well, life goes on.... Still holding NMKT and have increased my holding. I am now at the big 200K total. So, NMKT do your thing and reach the good ol George Washington range. Patience is running thin but still holding. Good luck to all and peace on earth.
Augie
Eastunder, Hello to you too. I need your address. I have something for you as a token of appreciation. This is the least thing I can do for the tips you have shared with me. I am still hoping for NMKT to hit that dollar range. I think it may hit it this year. I can just feel it. But and again, my feeling can be wrong as well. One thing I have notice is that if I don't watch the stock my stocks goes up. Right now I do not have any open orders. So, I am just letting it ride up or down. Still on a vacation mode . Don't forget to email me your address. augieaugie@walla.com
Good luck to you and all. Peace on earth.
Augie
Hello GraniteStone,
The person that introduce me to NEOM before was Number Cruncher. I am no longer a holder of NEOM. I use to when it spiked to the .70's then sold off then bought back again in the low 50's and sold again to get BRVO. I have included an email I received from Number Cruncher about NEOM. FYI.
Good luck to all and peace on earth.
Augie
It was nice talking with you. With regards to the NEOM board on I-hub -
1) It is a very well managed board (just like the NMKT Board). While they do tolerate constructive criticism, they do not tolerate baseless bashers or 'inappropriate' posts.
2) Due to NeoMedia's recent gain in popularity, the number of posts has increased tremendously. I have often returned from a weekend off only to find that I have missed 400+ posts.
3) I recommend you read the following member's posts on the board (CAPITAL letters indicates top priority).
- JPETROINC
- SUCCESS622
- woogerbear
- kokonutguy
- yellowjacket
- Allynb
- Le-bon ton-roule
- Movieguy
- Picksit
- Aztreedoc
- JOEDIMMAGIO_6
- Chuckerfmfla
- Personalizit
Since the board is run so well, there are really no posters to avoid, but I'm sure you'll find a few as you peruse the board.
Augustine, good luck to you. Hope to read your posts on NEOM once you familiarize yourself with the company and it's amazing potential. Welcome to the world of NEOM.
Number cruncher
I think this is one is better it has a complete fillings of NMKT from long time ago to now. Just type in NMKT on the symbol field.
http://www.otcbb.com/asp/Info_Center.asp
Hope this helps.
Good luck to all and peace on earth.
Augie
Aloha to all fellow longs. How are my favorite board members doing on this nice and sunny Wednesday. I guess this would depend on what part of the State you are living in or even part of the world. I see that we are back in the 40's again. Oh well. Are some of our faithful holders that went from NMKT to BRVO still spending time on this board or did they all left and forgot about NMKT? I am still here and holding patiently hoping for that day.
If you guys never been to Hawaii I strongly recommend it. It is just a fun place to visit and not to mention the weather is great. Was able to relax and now back to work tomorrow Anyway, I was just reading the last 2 news and it is looking great for the future. Still holding BRVO, NMKT, XMSR and ASTM. Eastunder, I think I will take your advice and go to the dark side with regards to XMSR and get SIRI. Just waiting for the right time to do it. I will at least get close to 5 times more shares.
Good luck to all and peace on earth. I will start reading all the post and work my way up from the time I left.
Augie
Mr. B. and all even Even, Thanks for sharing Mr. B. Wow wow wow. Today just can't get any better. My 2 penny stock which I own the most shares are doing great. Surprise surprise. I bet you are smiling from ear to ear. I am !!!!!!!! Anyway, will be going out of town till the 6th of July. I will be incommunicado till I come back. Going to Hawaii with the family from the profits I got from selling BRVO. I need it too from working too hard at work. You guys have a safe 4th of July since I will not be here next week to wish you guys that. Good luck to all and peace on earth.
Augie
P.S. Even, You think I am still a shill for BRVO. Look at the price action. Hope you got in when you mentioned I was Shill for the company. I believe they were in the .60's when you said that and now they are at .80's. Good luck to you.
Hello Jen and Mypointz, what have you been upto? I am still holding NMKT and with the action today... I have decided to keep it awhile. I was losing confidence there a while after being spoiled by your recommendation. Did you ever get in? I am looking at EVOL and that one is rocking for the past few days now. You must be Happy and all smiles :) Mypointz, good call for the run up. I am not paying too much attention with NMKT lately. I am just letting my shares ride for now. Might sell some of BRVO to get back to 200K of NMKT. Still hoping for that good almighty dollar range for NMKT. I know they can do it. It is just a matter of time. Anyway, good luck to both of you and all. Peace on earth.
Augie
Mr. B Gotta love it. Was able to get back at .60. Darn meeting. I did not expect it to drop today. I was just wishful thinking. Glad it did and we are on the green. Good luck to you and all. Peace on earth.
Augie
MyPointz, Jen, True. But I just have to take some profits don't want to be too greedy. I learned from my mistake with NMKT. Was greedy with NMKT and look where it took me. Just close to my entry point. As long as NMKT stays above mid to high 40's I am okay. I am kinda losing patience with NMKT specially seeing the action with Bravo. I know Phil and management can make this company hit the dollar range again but when???
I think alot of us on this board own BRVO already. I know Mr. B, you and I and maybe Jen? Not sure if she ever entered? You know of anyone else? I know JohnBriggs own them as well because according to Eastunder he was the one who mentioned it to her.
Well, if ever there is a pullback I will re-enter. If not, it is okay too since I still own alot of it. Mypointz do you still own NMKT or did you sell? Good luck to all and peace on earth.
Augie
Mr B. All smiles today I bet!!! Well, I sold half of my shares today. I am still holding about 40K. You think that was a bad decision? Anyway, I am happy that we did go up by over 100% since we bought in. Now I just need to wait and see if it pulls back. That is what I am hoping for anyways. Just don't want to get burn like NMKT. Should have sold when it went up in the 70's last Fall but I did not. Now I am back to where I started. At least still up from my entry point. BRVO was just unbelievable and I am very pleased. I am really thankful for Eastunder. Good luck Mr. B and all. Peace on earth.
Augie
Well Hello Mr. Even. I just wanted to give John the big thank you for sharing it with Eastunder who in turned mentioned it on this board. Which some of us here bought in in the low .20's and .30's. You may want to read up on the thread on what was happening before you start mouthing off that I am shill for BRVO. Read before you say since you do not know what took place earlier. Unless, you read everything since it was mentioned on this board. I will not deny that I have been talking alot about it but who wouldn't. It had doubled my investment in less than 2 months.
I do not post on any other boards since I am comfortable on this board and I know some of the people on this board on a friendship level not to mention have spoken to them on the phone. I have also promised them that If NMKT hits a dollar that I would be buiding a home in Vegas and invite NMKT longs here for a cocktail and enjoy Vegas. Nothing wrong with that right?. Everyone on the board should share ideas, experience, knowledge, and become friends.
Since NMKT has been slow these couple of months, we took upon ourselves and share what other stocks out there that is worth looking into. Diversify. That is what a board is suppose to do. Help one another and make some money? What have you contributed here? Just putting doubts to investors on what is going on with NMKT and yet you do not tell us what your position is with NMKT. That is odd don't you think? Don't get me wrong I am still a long with NMKT but it has been frustrating this past year. Some of us are getting frustrated with regards to the price action.
I apologize to the board if I had recently been talking about a company that made some of us here with some money recently. What can I say? Just being happy seeing some of our investment go up is not a crime nor a shill.
Anyway, what have you been upto? Still hate NMKT? Good luck to you and all. Peace on earth.
Augie
Yes Indeed John. Thanks for letting Jen know about BRVO in turn made everyone on this board aware of the potentials of BRVO. I cannot believe the action this month. It just kept on going up and up and up. Good thing I did not sell any yet. In fact added more early this week. Had to sell some of NMKT though. I should have sold all of my NMKT early this week and bought a tons of BRVO. I could have gotten at least over 200K of BRVO but I didn't. I am stil waiting for that take off with NMKT. Hopefully soon. If not, BRVO here I come. Maybe BRVO will be the one that will build my home in Vegas. I just wanted to have one there since it is nice to visit and you know the saying. What happens in Vegas stays in Vegas. Have lots of friends over there as well. Not to mention real estate over there is HOT. My friend bought a home there 3 years ago and the value already doubled. But you are right as well, BRVO double my money in less than a few months. I hope BRVO hits the dollar range before the end of Summer. Good luck to you and many thanks.
Augie
Mr. B. Actually I sold some of NMKT early this week and bought more at .34 early this week. Glad I did!!!!! I should have sold all my NMKT and bought BRVO early this week and I could have that house in Vegas by now. I am kicking myself for not doing that. Got to love BRVO. If BRVO goes up a little on Monday I will sell half and watch them closely for a pullback and get back in. Like what they say, if you are up sell some so you won't regret. At least keep half. Getting tired of waiting on NMKT. They better do something or most of their loyal investors are going to give up. XMSR and ASTM I will keep for now. Contemplating on selling XMSR and buying SIRI per Jen's recommendation. Definitely I will have more shares of SIRI if I sold XMSR. Hmmmmm. Maybe. You must be dancing for joy today as well. I am. I will be lying if I wasn't. Not to mention it is TGIF. Just got done with a big project and need to celebrate. Take care and good luck to you and all. Peace on earth.
Augie
John, Jen, Mr. B, Mypointz, and others who are holding BRVO. Congrats to all of us who had bought in at .20's and .30's. Bravo for BRVO. I though it will not pass NMKT till end of of Summer. I guess this is a big surprise for me not that I am complaining but and again with their Management Team on the Go they've earned it. I would like to see their share price in the dollar range before the school starts this fall. I should be divorcing NMKT and just invest all my shares from NMKT to BRVO. I would have that Vegas home by now I will still wait till end of June early July and see what gives with NMKT. If nothing happens I may have to sell most of my NMKT and buy BRVO and add the rest to my other wives (ASTM, XMSR)
Jen, I am still reconsidering your suggestion with selling my XMSR and getting Siri. We will see. I am just taking my time and I owe you big one letting us know about BRVO and thank you John for letting Jen know about BRVO. Have doubled my investment in less than a few months. I should be taking Jen to a nice dinner or at least get you something to show my appreciation. Well, You guys have a great weekend and I will be celebrating today. TGIF. Good luck to all and peace on earth.
Augie
Mr. B. and Jen, Oh yeah!!!!!!!!! I sold some of my NMKT instead of XMSR and ASTM. I think both of those has more potentials than NMKT in my opinion. I bought more of BRVO this morning at .34 and I am happy that I did. I don't know what is going on with NMKT it just does not want to move up. It always goes up and then goes down. I am getting tired of it. Everything looks good with all my holding except NMKT. I am still long but less shares now. Still hopeful it will get there sometime. If BRVO passes the PPS of NMKT before the Summer ends... I am considering on folding NMKT and get more BRVO. Good luck to you Mr. B and COngrats. Jen, I really hope that you already bought in to BRVO since this company has a bright future. Good luck to both of you and all. Peace on earth.
Augie
Hello Mr. B and Jen, I have 50K of BRVO and my average price is in low .20's. I should have sold some when it went to the high .30's and buy it back again in the high .20's. I called the PR department late last week and they are going to send me some samples as well . Jen, your friend was right. Did you ever get in? Mr. B. I was looking at previous post and you stated you sold all your NMKT and bought BRVO. Good luck to you. I am still holding NMKT just waiting patiently. I like BRVO's action. I am thinking of selling all my XMSR and ASTM and adding more of BRVO and buying EVO. Still contemplating
. Well, the news today was great but the action is as usual not good. I cannot wait for it to move like it use to. I miss the .25, .30 cents run. Looking forward to those days again. Anyway, good luck to both of you and all. Peace on earth.
Augie
How are my fellow longs here? Just been busy at work which is good so I don't have to look at the share price going up and down. It will drive one nuts and lose confidence. I am still long but not watching as closely. I just set my sell and buy price just in case. Jen, where you able to get in BRVO yet? Let me know how I can repay you for introducing me to this company. Did not have a chance to call them yet. I hope not to late to ask for a free case . Anyway, the news today should be good. I am wondering how come no news from China? Are they saving it for a later date and do a PR with DFTS this coming July and the 2nd QTR earnings? Any thoughts? Here are some emails I received from IR. Just checking my email today and these are the emails below. I know some are repeats but what the heck. Good luck to all and peace on earth.
Augie
-----Original Message-----
From: LCGroup [mailto:lcgroup@mindspring.com]
Sent: Wednesday, June 08, 2005 8:50 AM
To: LCGroup
Subject: NewMarket Technology Inc. (OTCBB:NMKT) Signs $5.7 Million Contract in Latin America
NewMarket Technology Inc. Signs $5.7 Million Contract to Integrate Networked Computing Solution in Latin America
Total Contract Revenue Recognition Expected in 2005
DALLAS--(BUSINESS WIRE)--June 8, 2005--NewMarket Technology Inc. (OTCBB:NMKT) today announced winning a $5.7 million contract to integrate a networked computing solution as part of an overall highly-interactive distributed EGovernment solution in Venezuela. The supported government function is deemed critical and high priority. The contract engagement is immediate and all revenue recognition from the contract is anticipated to be in 2005.
"NewMarket is privileged to be part of this ongoing and very exciting initiative in Venezuela," said Samuel Gamarra, President of NewMarket Venezuelan Operations. "EGovernment is a powerful enabler of efficient government operations, particularly in regard to a government's relationship with its citizens. Many governments are implementing solutions to more effectively communicate with their citizens. Venezuela's EGovernment solution is going a step beyond by enabling a networked solution for a critical and highly-interactive function between citizens and government. NewMarket has had the opportunity to be part of this initiative from its beginning in 2004 and looks forward to being part of its expanding future."
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket Technology Inc. concentrates on the market introduction of new technologies. NewMarket continuously acquires undiscovered emerging technology companies and incorporates the products of the acquired companies into NewMarket's overall product portfolio. New technologies are packaged with complimentary recognized brand name solutions such as Microsoft (Nasdaq:MSFT) and Cisco Systems (Nasdaq:CSCO). NewMarket has introduced a new business model that augments the profitability of conventional sales by monetizing the business value increase that results from the market introduction of a new technology. NewMarket's innovative business model also monetizes the resulting business value increase for shareholders by issuing stock in the acquired emerging technology companies to shareholders through dividend declarations. After reporting $2.3 million in 2003 revenue, the Company reported $24.9 million for 2004 with a net profit of $574,087 and has forecasted 2005 revenue of $75 million. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security, and Financial Services industries. NewMarket has operations in North America, Latin America, China and Singapore.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
NewMarket Technology, Inc.
Rick Lutz, 404-261-1196
ir@ipvoice.com
www.newmarkettechnology.com
www.ipvoice.com
-----Original Message-----
From: LCGroup [mailto:zeit@mindspring.com]
Sent: Monday, June 06, 2005 4:17 PM
To: LCGroup
Subject: NewMarket Technology Affiliate, Sensitron, Innterviewed by WallStreetReporter.com
Wall Street Reporter.com has posted an audio interview with the CEO of Sensitron at www.wallstreetreporter.com. After a required quick registration, scroll down the right tool bar to the Private Equity section to find:
SENSITRON
PRIVATE
Mr. Rajiv Jaluria
President and CEO
FYI.
LC Group
404-261-1196
-----Original Message-----
From: LCGroup [mailto:lcgroup@mindspring.com]
Sent: Monday, June 06, 2005 2:47 PM
To: LCGroup
Subject: NewMarket Technology (OTCBB:NMKT) Affiliate, Sensitron, Expands Distribution to Chile
Sensitron, Inc. Awards Chile Distribution Rights For careTrends Wireless Bridge to Cencomex S.A. Sensitron Enters Latin America with Chilean Partnership
via COMTEXJun 6, 2005 1:03:00 PM
SAN MATEO, Calif.--(BUSINESS WIRE)--June 6, 2005--Sensitron, Inc., a wireless healthcare innovations company, awarded Chile distribution rights for its careTrends(TM) Wireless Bridge to Cencomex, a subsidiary of Empresas Banmedica. Cencomex will purchase the careTrends software from Sensitron and will be Sensitron's distributor in Chile; selling the careTrends software, as well as training and assisting the end users. The careTrends system, which has been translated into Spanish for the global Spanish-speaking markets, allows the collection of accurate clinical data and its dissemination into clinical information systems.Rajiv Jaluria, CEO and President of Sensitron, stated that, "Sensitron is pleased to have an agreement with a channel partner with vast knowledge of local infrastructure and logistics. Through Cencomex, we are now able to make a successful entry into the Chilean health market." Pierino Gazzana, the CEO of Cencomex stated, "We are looking forward to representing such an advanced company. We are certain that Sensitron's careTrends will immediately improve patient care through increased data accuracy and reduced transcription errors."Device-Agnostic System Fulfills Healthcare Providers' DemandsSensitron's careTrends enables a wide array of vital signs and other clinical data to be transmitted wirelessly, via secure encryption, to any existing server-based electronic patient record. Sensitron's patented system works with monitors from different manufacturers, including legacy systems, and is an integrated open system, which sits well with the home healthcare, nursing home and assisted living facility markets, in addition to hospitals. With Sensitron's careTrends system, potential errors in data transmission are reduced by dating and timing all data, which creates an effective audit trail. The system directly links point-of-care medical devices with clinical information systems, thus reducing staff time and clinical risk, and allowing medical staff to maintain a higher standard of clinical care.The careTrends system also addresses healthcare providers' needs, including immediate access to information and reduction in paperwork. Patients' data and trends can be presented intra-hospital, inter-hospital, at a clinician's office, or via any web-based personal digital assistant (PDA) or telephone.Scalable System Accommodates Multiple Locations--Thus Improving the Standard of Patient CareThe careTrends system uses a combination of wireless Bluetooth and 802.11b communications protocols for data transmission to a healthcare facility's server. Sensitron's enterprise software in the server collects the readings and records results according to parameters set by the clinician before presenting data to caregivers. The system is modular and can accommodate multiple locations with data communication customized per patient.By combining vital signs data with other related clinical patient records, the clinician is armed with a complete view of the patient's status, thus enabling him or her to make a better assessment of the patient's overall condition.About Cencomex (www.empresasbanmedica.cl)Cencomex imports and distributes medical and pharmaceutical products in Chile. Cencomex, a Santiago, Chile-based medical company, was founded in 1987, and was acquired by Empresas Banmedica, a healthcare consortium which owns many healthcare facilities and companies throughout Chile, in 1994.About Sensitron, Inc. (www.sensitron.net)Sensitron, Inc., based in San Mateo, Calif., is a wireless healthcare innovations company that has developed the careTrends Wireless Bridge system. The patented breakthrough system minimizes transcription errors and eliminates lag time between the reading, capture, documentation and dissemination of clinical data. This is accomplished by communicating vital signs and other data from wirelessly-enabled, legacy point-of-care medical devices at the bedside. Sensitron, founded in 1997, is a privately-held company, and is backed by and in partnership with NewMarket Technology, Inc. (OTCBB:NMKT).About NewMarket Technology Inc. (www.newmarkettechnology.com)NewMarket Technology Inc. concentrates on the market introduction of new technologies. NewMarket continuously acquires undiscovered emerging technology companies and incorporates the products of the acquired companies into NewMarket's overall product portfolio. New technologies are packaged with complimentary recognized brand name solutions such as Microsoft (Nasdaq:MSFT) and Cisco Systems (Nasdaq:CSCO). NewMarket has introduced a new business model that augments the profitability of conventional sales by monetizing the business value increase that results from the market introduction of a new technology. NewMarket's innovative business model also monetizes the resulting business value increase for shareholders by issuing stock in the acquired emerging technology companies to shareholders through dividend declarations. After reporting $2.3 million in 2003 revenue, the Company reported $24.9 million for 2004 with a net profit of $574,087 and has forecasted 2005 revenue of $75 million. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security, and Financial Services industries. NewMarket has operations in North America, Latin America, China and Singapore.This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
OT: Eastunder and Mr B, Thank you Jen so much again for introducing BRVO. It is flying today. I will call them this week and hopefully they will get me a case of drinks LOL. Hope you had a great Memorial Weekend. At least it was a 3 days of no office work Mr. B Hope you got a lot of BRVO last week. Jen and Mr. B you going to cash out anytime soon? I think I will ride it out for a while and see. But I am also tempted on selling some today since it is doing great and re-enter again when it corrects. Thoughts? Opinion?
I still haven't entered EVOL yet. Hoping to get in soon. Just waiting for the right timing. I have already sold all my MOBL last week and got some more of BRVO. I am at 50K now of BRVO. Big smile and I owe it to you. NMKT does not look bad either. Hoping for it to have a run soon. We have been patience long enough. Good luck to you and all. Peace on earth.
Augie
Jen and Mr. B. I think I should not check NMKT anymore. One thing I have notice, when I go on vacation and not look at NMKT, NMKT goes up. I guess I can just set a sell price and a buy price like the rest of my stock. If it gets filled it gets filled if not I guess just have to wait. Regarding EVOL, I guess I will just wait when it comes down again before entry. Hope it does. Jen, go ahead and give some tips. Looks like you have a good eye and most of the time it runs the same day you ask for some opinion. I will call them tomorrow and hoping to get that free case LOL. Good luck to both of you and GO NMKT. It is past due and we need to get a run up. At least to the .60's again. Then to the dollar range That would be really sweet. Good luck to all and peace on earth.
Augie
Jen and Mr.B, Mr. B, thank Eastunder or Jen for BRVO. I should have check this board early this morning regarding EVOL. I believe that Jen has an eye for some good stock that runs. Was not able to get in at the low 2.00. Maybe next time. Still researching on it. Will check it out and see. Talk to you guys later. How is NMKT doing today? Good luck to all and peace on earth.
Augie
Jen, Bestmantobe, Socalmd, Streetrod and the rest of the longs, Jen, I did purchase those drinks and my little one likes them. Even myself So, I am keeping my 25K of BRVO and let it ride for the long term. Most likely add more down the road.
Regarding NMKT, Bestmantobe, Streetrod and Socalmd has some good points. What Bestmantobe said about stock options makes a lot of sense and make some of the other board of directors purchase stocks as well. Socalmd has also a valid point about Phil being overworked. Well, his other family should put up as well and help good o'l Phil. I am sure they are getting paid a handful. One in China and One in Singapore if I am not mistaken.
For now, I will not watch NMKT as often anymore since, watching NMKT on a daily basis will just frustrate the heck out of you. It is like a dance. One step forward then 2 steps backward. I hate seeing our gain or run up go back to where it started or even more back to where it was before. NMKT is now totally different from what it was once.
People are saying it is better than before, but as a shareholder, Profits, less O/S, les Convertible Debts, and more detail on the 10K, 10QSB. I would like to see details of each companies books. Which of the companies is performing well and companies not doing well. That kind of stuff. It was addresses by Phil at one point that he is doing a re-org of the company. I would like to see that happen sooner rather than later. I am still LONG with the company but a little bit frustrated.
Looking forward to some news from China Trip, and I hope this time when they release a PR make sure it is Business Related not sight seeing crap or basketball game. That PR last year was a waste. Looking forward to spin off as well.
Good luck to all and peace on earth.
Augie
Street and Mypointz, I hope we get some news when they get back from China. I mean real NEWS pertaining to NMKT Business not site seeing or non business related news. Looking forward for the DFTS and other soon to come spin offs. As I recall Verges promise about 3 this year right? DFTS being the 1st one. I am not going to watch NMKT for the moment since it is disappointing. I am still a long but skating in thin ice. If by end of this year, nothing changes, I will sell half of my holdings and invest in some other stocks or increase my holdings on my other stocks. Have you guys read the 10QSB? Too many law suits. NMKT has too many disgruntled ex-employees. I wonder if they are the bashers at the RB board? Interesting read. Good luck to both of you and peace on earth.
Augie
Jen, My daughter wants to thank you for BRVO. I also want to thank you for introducing me to it. I will be getting some of the drinks on the way home and let her try it. I am sure it will be good A little disappointed with NMKT. It is no longer running like it use to. Good thing I have others that are running pretty well. Thanks again and Good luck to you. GOod luck to all and peace on earth.
Augie
Jen,
Yes, I have blessed to have a 5 year old. I wish I could figure out a way to stop time and just have her at 5. LOL. I did get in to BRVO for 25K at .22 I will out this aside and let it ride for the loing haul. I am going to put it as my investment for my daughter. The least thing I can do for her. Looks like the 10QSB is out. I guess we are not going to run up as much. I hope there are some good news during the China Trip. Going to a meeting but will be back later on.
Good luck to all and peace on earth.
Augie
Jen, I have not heard of them but I did browse their company's website. It does not look bad at all. I was looking at some PR as well and Walgreens is going to sell their products. It would be really great to see this company take off. I for one has a little one but just starting. She is 5 and will be attending Kindergarten this Fall. I would rather have my daughter drink shakes, smoothies than cola drinks. I am not a soda drinker so more power to BRVO. I am going to get a few 10's of thousands of BRVO.
I was also watching the news last night and I cannot recall which State that some school are going to discontinue soda and junk food machines. It will likely pass the votes as I recall. That is really nice thing to do. Everyone should be eating healthy anyways. What part of CO are you from? I have a sister that lives in Boulder. Pretty State. Love visiting and love the skiing. Not to mention health nut people where I belong .
Augie
Tomorrow is the day. Kimmil thanks for your efforts. Good luck to all and peace on earth. Have a great week fellow longs.
Augie
Finally, got done with work. Great another half a cent up. What happened to the 10Q? It is suppose to come out today is it not? Or is it this weekend? never heard of a report being release on a weekend unless your company is overseas.
Anyways, SOCALMD, what part of Southern California are you from? I used to live in Southern California. I used to live in Santa Clarita.
Eastunder, what part of Denver are you from? I have a sister that lives in Boulder. Beautiful State and not to mention great skiing. Another place I do not mind investing in a property.
Going out for a great time Happy Hour time. Need to relax. Good luck to all and peace on earth.
Augie
I hope so too Streetrod34. Looking forward to that. So, have you heard anything about the meeting with AMEX that supposedly took place last week? I hope someone could enlighten us on what came about on that meeting. You have any info that you can share with the board? Anyway, thanks Street and you have a great day today. Good luck to all and peace on earth.
Augie
I could not believe this day. All my stocks are in the green. Even NMKT LOL. Good luck to all and peace on earth.
Number Cruncher, if you are able to read this I was able to re-enter NEOM this morning. Good luck Buddy.
Augie
Sim seems to be doing great today NMKT is coming up soon. Sooner than later I hope
Good luck to you Jen. Peace on earth.
Augie