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IBCS
breaks 50/200 ma and still low on the rsi
IBCS from .0017 ..now .0047 hod
IBCS
AMRE .027 hod
IBCS
ITRO , OMOG, AMRE
ABZS: To the stockholders of Abazias, Inc.
<DOCUMENT>
<TYPE>DEF 14C
<SEQUENCE>1
<FILENAME>v045952_def14c.txt
<TEXT>
SCHEDULE OF 14C INFORMATION STATEMENT PURSUANT TO SECTION 14(c) OF THE
SECURITIES EXCHANGE ACT OF 1934
FILED BY THE REGISTRANT |X|
FILED BY A PARTY OTHER THAN THE REGISTRANT |_|
CHECK THE APPROPRIATE BOX:
|_| PRELIMINARY INFORMATION STATEMENT
|X| DEFINITIVE INFORMATION STATEMENT
|_| CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY
RULE 14x-5(d)(2))
ABAZIAS, INC
------------------------------------
(Name of Registrant as Specified In Its Charter)
Payment of Filing Fee (Check the appropriate box):
|X| No fee required
|_| Fee computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
(1) TITLE OF EACH CLASS OF SECURITIES TO WHICH TRANSACTION APPLIES:
(2) AGGREGATE NUMBER OF SECURITIES TO WHICH TRANSACTION APPLIES:
(3) PER UNIT PRICE OR OTHER UNDERLYING VALUE OF TRANSACTION COMPUTED PURSUANT TO
EXCHANGE ACT RULE 0-11 (SET FORTH THE AMOUNT ON WHICH THE FILING FEE IS
CALCULATED AND STATE HOW IT WAS DETERMINED):
(4) PROPOSED MAXIMUM AGGREGATE VALUE OF TRANSACTION:
(5) TOTAL FEE PAID:
|_| FEE PREVIOUSLY PAID WITH PRELIMINARY MATERIALS.
|_| CHECK BOX IF ANY PART OF THE FEE IS OFFSET AS PROVIDED BY EXCHANGE ACT
0-11(A)(2) AND IDENTIFY THE FILING FOR WHICH THE OFFSETTING FEE WAS PAID
PREVIOUSLY. IDENTIFY THE PREVIOUS FILING BY REGISTRATION STATEMENT NUMBER, OR
THE FORM OR SCHEDULE AND THE DATE OF ITS FILING.
(1) AMOUNT PREVIOUSLY PAID:
(2) FORM, SCHEDULE OR REGISTRATION STATEMENT NO.:
(3) FILING PARTY:
(4) DATE FILED:
<PAGE>
ABAZIAS, INC.
5214 SW 91st Terrace Suite A
Gainesville, FL 32608
To the stockholders of Abazias, Inc.
Abazias, Inc., a Delaware corporation (the "Company") has obtained the
written consent of the stockholders holding a majority of the issued and
outstanding shares of Common Stock of the Company on June 8, 2006 (the
"Consent"). The Consent provides that the board of directors is granted the
authority to amend our certificate of incorporation to effect a reverse stock
split of our common stock at a specific ratio to be determined by our board of
directors within a range of one-for-ten to one-for-forty (the "Reverse Split.")
Additionally, this proposal has been approved by the Board of Directors as of
June 8, 2006.
The accompanying Information Statement is being provided to you for your
information to comply with requirements of the Securities and Exchange Act of
1934. The Information Statement also constitutes notice of corporate action
without a meeting by less than unanimous consent of the Company's stockholders
pursuant to Section 228 (e) of the Delaware General Corporation Law. You are
urged to read the Information Statement carefully in its entirety. However, no
action is required on your part in connection with the Amendment and the Reverse
Split. No meeting of the Company's stockholders will be held or proxies
requested for these matters since they have already been approved by the
requisite written consent of the holders of a majority of its issued and
outstanding capital stock.
Under the rules of the Securities and Exchange Commission, the Amendment
and the Reverse Split cannot become effective until at least 20 days after the
accompanying Information Statement has been distributed to the stockholders of
the Company.
By order of the Board of Directors
/s/ Oscar Rodriguez
------------------
Oscar Rodriguez, CEO
2
<PAGE>
ABAZIAS, INC.
5214 SW 91st Terrace Suite A
Gainesville, FL 32608
INFORMATION STATEMENT PURSUANT TO SECTION 14C OF THE SECURITIES EXCHANGE ACT OF
1934
This information statement is being mailed on or about July 1, 2006, to
the holders of record at the close of business on June 1, 2006 of the shares of
common stock, par value $0.001 per share (the "Shares"), of Abazias, Inc., a
Delaware corporation (the "Company"). You are receiving this information
statement in connection with a written consent approved on June 8, 2006 by
shareholders owning the majority of our issued and outstanding shares of common
stock, which consent provides that the board of directors is granted the
authority to amend our certificate of incorporation to effect a reverse stock
split of our common stock at a specific ratio to be determined by our board of
directors within a range of one-for-ten and one-for-forty. This was approved by
the Company's board of directors on June 8, 2006.
INFORMATION STATEMENT
GENERAL
The Company's current Certificate of Incorporation provides for an
authorized capitalization consisting of 150,000,000 shares of common stock,
$.001 par value per share. As of June 1, 2006, there were 85,904,253 shares of
common stock outstanding.
REVERSE SPLIT
After our board of directors selects the exchange ratio for the reverse
stock split and the Amendment to the Certificate of Incorporation is filed with
the Secretary of State of Delaware, then all of the outstanding shares of our
outstanding common stock on the date of the reverse stock split will be
automatically converted into a smaller number of shares, at the reverse stock
split ratio selected by the board of directors, as more fully described below.
The ratio will be no less than one-for-ten, and no greater than one-for-forty.
The board will select, at its discretion, the ratio of the reverse stock split,
which will be within the range of one-for-ten to one-for-forty, inclusive. In
determining the reverse stock split ratio, our board of directors will consider
numerous factors, including the historical and projected performance of our
common stock before and after the reverse stock split, prevailing market
conditions and general economic trends, as well as the projected impact of the
reverse stock split on the trading liquidity of our common stock, and investor
interest in our stock.
This proposal authorizes our board of directors to select the reverse
stock split ratio from within a range. We authorized our board of directors to
have this discretion, rather than approving a specific ratio at this time, in
order to give the board the flexibility to implement a reverse stock split at a
ratio that reflects the board's then-current assessment of the factors described
above, including our then-current stock price. The reverse stock split would
become effective upon as soon as reasonably practicable upon a determination by
the board of directors and the filing of a Certificate of Amendment of our
Certificate of Incorporation with the Secretary of State of the State of
Delaware. The form of the Certificate of Amendment to effect the reverse split
is attached to this information statement as Appendix A. The following
discussion is qualified in its entirety by the full text of the Certificate of
Amendment, which is hereby incorporated by reference.
3
<PAGE>
REASONS FOR THE REVERSE SPLIT
The purpose of the reverse split is to reduce the number of outstanding
shares in an effort to increase the market value of the remaining outstanding
shares. In approving the reverse split, the board of directors considered that
the Company's common stock may not appeal to brokerage firms that are reluctant
to recommend lower priced securities to their clients. Investors may also be
dissuaded from purchasing lower priced stocks because the brokerage commissions,
as a percentage of the total transaction, tend to be higher for such stocks.
Moreover, the analysts at many brokerage firms do not monitor the trading
activity or otherwise provide coverage of lower priced stocks. The Board of
Directors also believes that most investment funds are reluctant to invest in
lower priced stocks.
The Board of Directors proposed the reverse split as one method to attract
investors and locate business opportunities in the Company. The Company believes
that the reverse split may improve the price level of the Company's common stock
and that this higher share price could help generate additional interest in the
Company.
However, the effect of the reverse split upon the market price for the
Company's Common Stock cannot be predicted, and the history of similar stock
split combinations for companies in like circumstances is varied. There can be
no assurance that the market price per share of the Company's Common Stock after
the reverse split will rise in proportion to the reduction in the number of
shares of Common Stock outstanding resulting from the reverse split. The market
price of the Company's Common Stock may also be based on its performance and
other factors, some of which may be unrelated to the number of shares
outstanding.
POTENTIAL RISKS OF THE REVERSE SPLIT
There can be no assurance that the bid price of the Company's common stock
will continue at a level in proportion to the reduction in the number of
outstanding shares resulting from the reverse split, that the reverse split will
result in a per share price that will increase its ability to attract employees
and other service providers or that the market price of the post-split common
stock can be maintained. The market price of the Company's common stock will
also be based on its financial performance, market condition, the market
perception of its future prospects and the Company's industry as a whole, as
well as other factors, many of which are unrelated to the number of shares
outstanding. If the market price of the Company's Common Stock declines after
the reverse split, the percentage decline as an absolute number and as a
percentage of the Company's overall capitalization may be greater than would
occur in the absence of a reverse split.
POTENTIAL EFFECTS OF THE REVERSE SPLIT
General.
4
<PAGE>
The following table illustrates the effects of a one-for-ten, one-for
twenty, one-for-thirty, and one-for-forty reverse stock split, without giving
effect to any adjustments for fractional shares of our common stock, on our
authorized and outstanding shares of our capital stock and on certain per share
data (in thousands, except per share data):
<TABLE>
<CAPTION>
Prior to
Reverse After Reverse Split
---------------------------------------------------------------------------------------------------------
Stock Split 1 for 10 1 for 20 1 for 30 1 for 40
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Common Stock Outstanding 85,795,809 8,579,580 4,289,790 2,144,895 1,072,448
Stockholders' equity at March31,
2006 $ 200,451 200,451 200,451 200,451 200,451
Stockholders' equity
per
share at March 31, 2006 $ .002 .02 .04. .09 .18
Net loss for year ended March 31,
2006 $ 49,608 49,608 49,608 49,608 49,608)
Basic and diluted net loss per share
for year ended March 31, 2006 $ 0 .005 .01 .02 .04)
</TABLE>
Accounting Matters. The reverse split will not affect the par value of the
Company's common stock. As a result, on the effective date of the reverse split,
the stated par value capital on the Company's balance sheet attributable to
Common Stock would be reduced from its present amount by a fraction which
represents the ratio as set by the board of directors, and the additional
paid-in capital account shall be credited with the amount by which the stated
capital is reduced. The per share net income or loss and net book value per
share will be increased because there will be fewer shares.
Effect on Authorized and Outstanding Shares. There are 85,904,253 shares
of common stock issued and outstanding. As a result of the reverse split, the
number of shares of capital stock issued and outstanding (as well as the number
of shares of common stock underlying any options, warrants, convertible debt or
other derivative securities) will be reduced to the number of shares of capital
stock issued and outstanding immediately prior to the effectiveness of the
reverse split, divided by the ratio as set by the board of directors.
With the exception of the number of shares issued and outstanding, the
rights and preferences of the shares of capital stock prior and subsequent to
the reverse split will remain the same. It is not anticipated that the Company's
financial condition, the percentage ownership of management, the number of
shareholders, or any aspect of the Company's business would materially change,
solely as a result of the reverse split.
The reverse split will be effectuated simultaneously for all of the
Company's Common Stock and the exchange ratio will be the same for all shares of
the Company's Common Stock. The reverse split will affect all of our
shareholders uniformly and will not affect any shareholder's percentage
ownership interests in the Company or proportionate voting power, except to the
extent that the reverse split results in any shareholder's percentage ownership
interests in the Company or proportionate voting power, except to the extent
that the reverse split results in any shareholders owning a fractional share.
See "Fractional Shares" below. The reverse split will not alter the respective
voting rights and other rights of shareholders.
5
<PAGE>
The Company will continue to be subject to the periodic reporting
requirements of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"). The Company's Common Stock is currently registered under Section 12(g) of
the Exchange Act and as a result, is subject to periodic reporting and other
requirements. The proposed reverse split will not affect the registration of the
Company's Common Stock under the Exchange Act. The reverse split is not intended
as, and will not have the effect of, a "going private transaction" covered by
Rule 13e-3 under the Exchange Act.
Increase of Shares of All Classes of Capital Stock Available for Future
Issuance. As a result of the reverse split, there will be a reduction in the
number of shares of Common Stock issued and outstanding and an associated
increase in the number of authorized shares which would be unissued and
available for future issuance after the reverse split. The increase in available
shares could be used for any proper corporate purpose approved by the Board of
Directors including, among other purposes, future financing transactions.
Fractional Shares. No fractional shares will be created as a result of the
reverse split. Accordingly, the number of shares owned by any shareholder who
would otherwise receive a fractional share will be rounded up to the nearest
whole number.
EFFECTIVENESS OF THE REVERSE SPLIT
The reverse split will become effective after the filing with the
Secretary of State of the State of Delaware of the Amendment to the Certificate
of Incorporation (attached hereto as Exhibit "A"). It is expected that such
filing will take place within 90 days from on or about July 21, 2006, the date
that is 20 calendar days after the mailing of this Information Statement.
The following discussion summarizing material federal income tax
consequences of the reverse split is based on the Internal Revenue Code of 1986,
as amended (the "Code"), the applicable Treasury Regulations promulgated
thereunder, judicial authority and current administrative rulings and practices
in effect on the date this Information Statement was first mailed to
shareholders. This discussion does not discuss consequences that may apply to
special classes of taxpayers (e.g., non-resident aliens, broker-dealers, or
insurance companies). Stockholders should consult their own tax advisors to
determine the particular consequences to them.
The receipt of the common stock following the effective date of the
reverse split, solely in exchange for the common stock held prior to the reverse
split, will not generally result in a recognition of gain or loss to the
shareholders. Although the issue is not free from doubt, additional shares
received in lieu of fractional shares, including shares received as a result of
the rounding up of fractional ownership, should be treated in the same manner.
The adjusted tax basis of a shareholder in the common stock received after the
reverse split will be the same as the adjusted tax basis of the common stock
held prior to the reverse split exchanged therefor, and the holding period of
the common stock received after the reverse split will include the holding
period of the common stock held prior to the reverse split exchanged therefor.
6
<PAGE>
No gain or loss will be recognized by the Company as a result of the
reverse split. The Company's views regarding the tax consequences of the reverse
split are not binding upon the Internal Revenue Service or the courts, and there
can be no assurance that the Internal Revenue Service or the courts would accept
the positions expressed above.
THIS SUMMARY IS NOT INTENDED AS TAX ADVICE TO ANY PARTICULAR PERSON. IN
PARTICULAR, AND WITHOUT LIMITING THE FOREGOING, THIS SUMMARY ASSUMES THAT THE
SHARES OF COMMON STOCK ARE HELD AS "CAPITAL ASSETS" AS DEFINED IN THE CODE, AND
DOES NOT CONSIDER THE FEDERAL INCOME TAX CONSEQUENCES TO THE COMPANY'S
SHAREHOLDERS IN LIGHT OF THEIR INDIVIDUAL INVESTMENT CIRCUMSTANCES OR TO HOLDERS
WHO MAY BE SUBJECT TO SPECIAL TREATMENT UNDER THE FEDERAL INCOME TAX LAWS (SUCH
AS DEALERS IN SECURITIES, INSURANCE COMPANIES, FOREIGN INDIVIDUALS AND ENTITIES,
FINANCIAL INSTITUTIONS AND TAX EXEMPT ENTITIES). IN ADDITION, THIS SUMMARY DOES
NOT ADDRESS ANY CONSEQUENCES OF THE REVERSE SPLIT UNDER ANY STATE, LOCAL OR
FOREIGN TAX LAWS. THE STATE AND LOCAL TAX CONSEQUENCES OF THE REVERS SPLIT MAY
VARY AS TO EACH STOCKHOLDER DEPENDING ON THE STATE IN WHICH SUCH STOCKHOLDER
RESIDES. AS A RESULT, IT IS THE RESPONSIBILITY OF EACH SHAREHOLDER TO OBTAIN AND
RELY ON ADVICE FROM HIS, HER OR ITS TAX ADVISOR AS TO, BUT NOT LIMITED TO, THE
FOLLOWING: (A) THE EFFECT ON HIS, HER OR ITS TAX SITUATION OF THE REVERSE SPLIT,
INCLUDING, BUT NOT LIMITED TO, THE APPLICATION AND EFFECT OF STATE, LOCAL AND
FOREIGN INCOME AND OTHER TAX LAWS; (B) THE EFFECT OF POSSIBLE FUTURE LEGISLATION
OR REGULATIONS; AND (C) THE REPORTING OF INFORMATION REQUIRED IN CONNECTION WITH
THE REVERSE SPLIT ON HIS, HER OR ITS OWN TAX RETURNS. IT WILL BE THE
RESPONSIBILITY OF EACH SHAREHOLDER TO PREPARE AND FILE ALL APPROPRIATE FEDERAL,
STATE AND LOCAL TAX RETURNS.
APPROVAL OF PROPOSED AMENDMENT.
Under the Delaware General Corporation Law, the Proposed Amendment must be
approved in writing by the holders of at least a majority of the voting stock of
the Company. The persons listed in SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS below represent 58.3% of the Company's outstanding Shares, and have
consented in writing to the Proposed Amendment. The Proposed Amendment,
therefore, has been approved by the stockholders of the Company, and thereverse
split will become effective after the filing with the Secretary of State of the
State of Delaware of the Amendment to the Certificate of Incorporation (attached
hereto as Exhibit "A"). It is expected that such filing will take place within
90 days from July 21, 2006, the date that is 20 calendar days after the mailing
of this Information Statement.
Because the Proposed Amendment already has been approved, you are not
required to take any action at this time; however, at your option, you may
submit a written consent to the Proposed Amendment. This information statement
is your notice that the proposal concerning the reverse stock split has been
approved; you will receive no further notice when the change becomes effective.
7
<PAGE>
SHARE CERTIFICATES.
Following the reverse stock split, the Share certificates you now hold
will continue to be valid. In the future, new Share certificates will contain a
legend noting the change in name or will be issued bearing the new name and will
reflect the reverse split, but this in no way will affect the validity of your
current Share certificates.
OUTSTANDING VOTING SECURITIES.
At the close of business on June 1, 2006, there were 85,904,253 Shares
outstanding. The Shares constitute the only voting securities of the Company.
Each holder of the Shares is entitled to cast one vote for each Share held at
any meeting of shareholders.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS.
The following tables set forth the ownership, as of the date of this
information statement, of our common stock by each person known by us to be the
beneficial owner of more than 5% of our outstanding common stock, our directors,
and our executive officers and directors as a group. To the best of our
knowledge, the persons named have sole voting and investment power with respect
to such shares, except as otherwise noted. There are not any pending or
anticipated arrangements that may cause a change in control of our company. All
business addresses are 5214 SW 91st Terrace, Gainesville, FL 32608.
Number Percentage of Shares
Name of Shares Issued
---------------- ----------- -------------
Oscar Rodriguez 35,000,000 41.0%
Jesus Diaz 10,000,000 11.6%
Aaron Taravella 5,000,000 5.8%
Rob Rill 6,600,000 7.7%
Doug Zemsky 5,000,000 5.8%
Marc Baker 5,687,000 6.6%
All officers and directors
as a group
[3 persons] 50,000,000 58.3%
This table is based upon information derived from our stock records. Unless
otherwise indicated in the footnotes to this table and subject to community
property laws where applicable, it believes that each of the shareholders named
in this table has sole or shared voting and investment power with respect to the
shares indicated as beneficially owned.
Applicable percentages are based upon 85,904,253 shares of common stock
outstanding as of June 1, 2006.
8
<PAGE>
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
o No director or officer of the Company or nominee for election as a
director of the Company or associate of any director or officer of the
Company has a substantial interest in the Proposed Amendment.
o No director of the Company has informed the Company in writing that such
director intends to oppose the adoption of the Proposed Amendment.
o No security holder entitled to vote at a meeting or by written consent has
submitted to the Company any proposal.
/S/ OSCAR RODRIGUEZ
------------------
OSCAR RODRIGUEZ, PRESIDENT
9
<PAGE>
EXHIBIT "A"
AMENDMENT TO
CERTIFICATE OF INCORPORATION
OF
ABAZIAS, INC.
Abazias, Inc. (the "Corporation"), a corporation organized and existing
under and by virtue of the General Corporation Law of the State of Delaware,
DOES HEREBY CERTIFY:
1. The date of filing the original certificate of incorporation of the
Corporation with the Secretary of State of Delaware is March 19, 1997 and was
incorporated as Biologistics, Inc.
2. The Board of Directors on June 8, 2006 duly adopted a resolution
setting forth a proposed amendment to certificate of incorporation of the
Corporation, declaring said amendment to be advisable and calling for it to be
submitted to the stockholders of the Corporation for consideration thereof and
that thereafter, pursuant to such resolution of the Board of Directors, the
stockholders adopted such amendment by written action of the majority of the
stockholders.
3. Article IV of the Certificate of Incorporation of Abazias, Inc. shall
be hereby amended to add the following: Upon this Certificate of Amendment to
the Certificate of Incorporation becoming effective pursuant to the General
Corporation Law of the State of Delaware (the "Effective Date"), each share of
Common Stock, par value $0.001 per share (the "Old Common Stock"), issued and
outstanding immediately prior to the Effective Date, shall be, and hereby is,
converted into [one-Xth (1/Xth)](1) of a share of Common Stock, par value $0.001
per share (the "New Common Stock"). Each outstanding stock certificate which
immediately prior to the Effective Date represented one or more shares of Old
Common Stock shall thereafter, automatically and without the necessity of
surrendering the same for exchange, represent the number of whole shares of New
Common Stock determined by multiplying the number of shares of Old Common Stock
represented by such certificate immediately prior to the Effective Date by
[one-Xth (1/Xth)] and rounding such number up to the nearest whole integer.
The Corporation shall not issue fractional shares on account of the Reverse
Stock Split. Any fractional share resulting from such change will be rounded
upward to the next higher whole share of New Common Stock.
Each holder of Old Common Stock shall be entitled to receive a certificate
representing the number of whole shares of New Common Stock into which such Old
Common Stock is reclassified.
(1) "1/X" represents a fraction, within the range of 1-for-10 to 1-for-40,
inclusive, to be determined by the Board of Directors, such that
references to "1/X" or "1/Xth" are to a number no less than 1/40 and no
greater than 1/10, as selected by the Board of Directors.
10
<PAGE>
IN WITNESS WHEREOF, the undersigned has executed this Amendment to Certificate
of Incorporation on this ____ day of ________, 2006.
ABAZIAS, INC.
By /s/ Oscar Rodriguez
---------------------------
Oscar Rodriguez, CEO
11
</TEXT>
</DOCUMENT>
more like getting ready for their next R/S
jmo
.....IBCS continues.
ESCL wow.
more OMOG news
OMDA Oil and Gas, Inc. Announces Chairman Adam Barnett's Recent Stock Purchases
By Market Wire
7/6/2006 11:51:04 AM
Sirius Satellite adds 600,460 subscribers in second quarter
Print | | Disable live quotes By Michael Baron
Last Update: 8:29 AM ET Jul 6, 2006
NEW YORK (MarketWatch) -- Sirius Satellite Radio (SIRI : sirius satellite radio inc com
News , chart, profile, more
Last: 4.48-0.13-2.82%
8:35am 07/06/2006
SIRI 4.48, -0.13, -2.8%) Thursday said it added 600,460 net subscribers in the second quarter, an increae of 64% from its additions in the same period a year earlier. The growth brings the company's total subscriber count to 4,678,207 as of the quarter's end, a year-over-year rise of 158%. Shares of the New York-based Sirius closed Wednesday at $4.48, down 2.8%.
OMOG
OMDA Oil and Gas, Inc. Announces Upcoming Corporate Website Launch
Website Will Feature Live Feed Charts, Quotes, Level Two, and Cutting Edge SMS Technology
Last Update: 8:01 AM ET Jul 6, 2006
HOUSTON, TX, Jul 06, 2006 (MARKET WIRE via COMTEX) -- OMDA Oil and Gas, Inc. (PINKSHEETS: OMOG) announces that it is currently developing a new and enhanced corporate web site. The site will be viewable at the original website address www.omogoil.com.
The upcoming site will be completely re-designed and will be geared more toward interactivity with the end-user. Investor-related information such as live feed charts and level two stock quotes will be added, as well as a live up-to-date oil and gas industry news section. In addition to these components, the company will introduce a guided tour via sitepal.com to augment each visitor's experience. The company has targeted the initial release date to be some time within the next 30-45 days. Many additional features and add-ons are in development and the site will be continually upgraded over the next six months.
Once completed, the site will be fully integrated with the latest SMS (short message system) technology, which will be supplied from Houston-based Jarvis Inc. This technology will allow OMDA's entire shareholder base to be alerted to all company announcements, bulletins, press releases, etc in real time via hand held devices, such as cell phones. In essence, every shareholder will have a direct feed to charts, stock performance and volume updates even if they are not in front of their computer. In addition to the current shareholders, OMDA will utilize this technology to reach millions of interested investors who have signed-up to be alerted to real time market updates. This alone will present OMDA Oil & Gas, Inc. to a wealth of new potential investors.
Adam Barnett, Chairman, stated, "I believe that the next few months, as well as the rest of the year, will be very exciting for OMDA Oil and Gas, Inc., and we need a website that will fully reflect and track all of our expected growth and progress. My vision is for www.omogoil.com to develop into a completely functional and cutting edge web site that will be truly beneficial to the investing public. I am especially excited about the upcoming addition of SMS technology. I believe this will make OMDA one of the few elite public companies who are offering this type of shareholder communication." Barnett continued, "This site, like the company itself, belongs to the shareholders, and I urge everyone to submit any suggestions for future developments directly to our IR dept. (IR@Omogoil.com)."
AMRE wow
IBCS
is OHIO awol?
IBCS, good time to buy..imo
GTE
ABZS
TCLL moving
WTCH .15 hod / 52 week high
gm MOMO
OTCPicks.com: Daily Market Movers Digest Stock Alerts, Wednesday, June 28th, WTCH
OTC STOCK ALERTS
WASTECH, INC. (OTC: WTCH) "Up 13.64% at close on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/WTCH.php
Wastech, Inc. (OTC: WTCH) is an Oklahoma-based, public holding company, with investments in energy assets and proprietary waste management technologies, specializing in alternate means of collecting, transporting, and disposing of liquid and solid bearing wastes, as well as, integrated waste to energy programs, utilizing environmentally friendly, cutting-edge conversion systems. Wastech currently utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres of coal, coal-bed methane, and oil and gas rights across the mineral rich state of West Virginia.
WTCH News:
June 27 - Wastech, Inc. Closes Purchase of West Virginia Mineral Rights
Wastech, Inc. (Other OTC:WTCH.PK) (the ''Company''), today is pleased to announce that on April 14, 2006 it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.
In West Virginia it is estimated that 99% of the generated electricity comes from coal, utilizing within the state approximately 14 coal-fired electric generating facilities, amounting to $3.5 billion in gross state product generated as a result of coal. At current market conditions, state estimates would equate the acquired mineral reserves in excess of $1 Billion to the Company's subsidiary.
As previously announced, the Company acquired the specific mineral rights in direct concert with Environmental Energy Services, Inc. (Other OTC:EESV.PK). Aside from the capital infusion and expertise, the strategic partnership was created to potentially provide a ''leasing ground'' for future drilling prospects of EESV, as well as its future energy projects, alternate or otherwise, contemplated for the State of West Virginia and abroad. Notwithstanding the above, the Company and EESV are in discussions with other energy companies concerning the acquired rights for alternate leases and business opportunities.
WTCH Alert
The Street Alert LLC: Alert
Wednesday, June 28, 2006 07:02 ET
Wall Street, NYC, Jun 27, 2006 (M2 PRESSWIRE via COMTEX) -- The Street Alert (www.TheStreetAlert.com) has its eyes on the following stocks as well as the Market as a whole.
(OTC: MGEN), (OTC: GRWW), (OTC: SPBV), (OTC: WTCH), (OTC: ETIM).
The Street Alert LLC, owner and operator of www.TheStreetAlert.com (collectively referred to as "TSA"), is a private member online financial destination where money managers, analysts and individual investors can go to discover new and exciting investment ideas. We are focused on finding emerging growth companies that do not necessarily have widespread analyst coverage throughout the Global investment community. We are constantly looking for unique investment opportunities that can help serious investors increase their returns on a well balanced portfolio. Many of these companies may be overlooked by the investment community. TSA provides an outlet for these companies, and has become a world recognized voice in the investment community.
(OTCBB: MGEN) Med Gen Inc., in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz(R) for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" ("STW") technology, and in 2003 introduced Good Night's Sleep(R) to the sleep-aid market. Both Snorenz(R) and Good Night's Sleep(R) are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site.
CURRENT WEEKS (partial week) TRADING ACTIIVITY (6/26/06) 54,559,617 shares with a High of .051 and a Low of .021.
PREVIOUS WEEKS TRADING ACTIVITY (6/19/06 - 6/23/06) 25,185,672 shares with a High of .0199 and a Low of .011.
(OTCBB: GRWW) Greens Worldwide Incorporated is a vertically integrated sports marketing and management company, engaged in owning and operating sports entities and their support companies and is publicly traded under the stock symbol GRWW. Our current operating subsidiaries are the US Pro Golf Tour, Inc. www.usprogolftour.com , Breakthru Media, Inc. www.breakthrumedia.com , Crowley and Company Advertising, Inc. www.crowleyadvertising.com , New England Pro Tour, Inc. www.neprogolftour.com , Still Moving, Inc. www.still-moving.com , and Las Vegas Golf Schools, Inc. www.gotogolfschool.com . In our continuing effort to develop a more cohesive and synergistic organization, we are structured in a way that allows all of our wholly owned subsidiaries to utilize each other's resources to the greatest extent possible. In addition, the Company's strategic plan is to be able to deliver substantial value by providing multiple sports platforms and media to leverage our partners advertising and promotional dollars, while delivering the finest entertainment opportunities to retain and build customers. For our non-sports businesses, we will utilize the media and promotional benefits of our media platforms in Television, Radio, and Print, together with Internet Television and other like strategic relationships, to grow our consolidated revenues. The Company intends to continue its strategy of acquiring profitable sports organizations and sports related firms, together with other businesses that would benefit from the synergy the Company provides.
CURRENT WEEKS (partial week) TRADING ACTIIVITY (6/26/06) 2,138,461 shares with a High of 1.74 and a Low of 1.18.
PREVIOUS WEEKS TRADING ACTIVITY(6/19/06 - 6/23/06) 1,866,019 shares with a High of 1.17 and a Low of .35.
(OTC: SPBV) Sports Pouch Beverage Company, Inc. was established for the specific purpose of producing pull-push spout technology liquid pouch packaging as well as utilizing this technology for the development and production of new beverage brands. Sports Pouch Beverage Company, Inc. is the holder of the trademarked name "All American Sports Pouch" and has a "Process Pending Patent" for the Sports Pouch Beverage package with pull-push spout. Please visit our website: www.sportspouchinc.com.
CURRENT WEEKS (partial week) TRADING ACTIIVITY (6/26/06) 1,690,140 shares with a High of .18 and a Low of .05.
PREVIOUS WEEKS TRADING ACTIVITY (6/19/06 - 6/23/06) 42,351 shares with a High of .045 and a Low of .04.
(OTC: WTCH) Wastech, Inc. is an Oklahoma-based, public holding company, with investments in energy assets and proprietary waste management technologies, specializing in alternate means of collecting, transporting, and disposing of liquid and solid bearing wastes, as well as integrated waste to energy programs, utilizing environmentally friendly, cutting-edge conversion systems. Wastech currently utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres of coal, coal-bed methane, and oil and gas rights across the mineral rich state of West Virginia.
CURRENT WEEKS (partial week) TRADING ACTIIVITY (6/26/06) 2,889,583 shares with a High of .14 and a Low of .0950.
PREVIOUS WEEKS TRADING ACTIVITY (6/19/06 - 6/23/06) 772,205 shares with a High of .0750 and a Low of .05.
(OTC: ETIM) Eternal Image, based in the Detroit suburb of Novi, was established in 2002. The company expects to begin delivering its first funeral industry products late in 2006 and early 2007. For more information about Eternal Image, visit www.EternalImage.net
CURRENT WEEKS (partial week) TRADING ACTIIVITY (6/26/06) 942,312 shares with a High of .16 and a Low of .07.
PREVIOUS WEEKS TRADING ACTIVITY (6/19/06 - 6/23/06) 3,252,764 shares with a High of .09 and a Low of .03.
OTC: WTCH) Purchase Could Generate $1 Billion in Added Reserves
Wednesday, June 28, 2006 07:30 ET
LAKE HARMONY, PA -- (MARKET WIRE) -- 06/28/06 -- Wastech, Inc. (PINKSHEETS: WTCH) (the "Company"), today is pleased to announce that on April 14, 2006 it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.
In West Virginia it is estimated that 99% of the generated electricity comes from coal, utilizing within the state approximately 14 coal-fired electric generating facilities, amounting to $3.5 billion in gross state product generated as a result of coal. At current market conditions, state estimates would equate the acquired mineral reserves in excess of $1 billion to the Company's subsidiary.
To read the complete release, go to http://www.CybeRelease.com/wtch62806.htm
Other active stocks are PETCO Animal Supplies, Inc. (NASDAQ: PETC), Viisage Technology, Inc. (NASDAQ: VISG) and CT Communications, Inc. (NASDAQ: CTCI).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
WTCH
OTC: WTCH) Purchase Could Generate $1 Billion in Added Reserves
Wednesday, June 28, 2006 07:30 ET
LAKE HARMONY, PA -- (MARKET WIRE) -- 06/28/06 -- Wastech, Inc. (PINKSHEETS: WTCH) (the "Company"), today is pleased to announce that on April 14, 2006 it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.
In West Virginia it is estimated that 99% of the generated electricity comes from coal, utilizing within the state approximately 14 coal-fired electric generating facilities, amounting to $3.5 billion in gross state product generated as a result of coal. At current market conditions, state estimates would equate the acquired mineral reserves in excess of $1 billion to the Company's subsidiary.
To read the complete release, go to http://www.CybeRelease.com/wtch62806.htm
Other active stocks are PETCO Animal Supplies, Inc. (NASDAQ: PETC), Viisage Technology, Inc. (NASDAQ: VISG) and CT Communications, Inc. (NASDAQ: CTCI).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
WTCH -- Wastech, Inc.
Com (1 Cent)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Wastech, Inc. Closes Purchase of West Virginia Mineral Rights
CHARLESTON, S.C., Jun 27, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company"), today is pleased to announce that on April 14, 2006 it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.
In West Virginia it is estimated that 99% of the generated electricity comes from coal, utilizing within the state approximately 14 coal-fired electric generating facilities, amounting to $3.5 billion in gross state product generated as a result of coal. At current market conditions, state estimates would equate the acquired mineral reserves in excess of $1 Billion to the Company's subsidiary.
As previously announced, the Company acquired the specific mineral rights in direct concert with Environmental Energy Services, Inc. (Pink Sheets:EESV). Aside from the capital infusion and expertise, the strategic partnership was created to potentially provide a "leasing ground" for future drilling prospects of EESV, as well as its future energy projects, alternate or otherwise, contemplated for the State of West Virginia and abroad. Notwithstanding the above, the Company and EESV are in discussions with other energy companies concerning the acquired rights for alternate leases and business opportunities.
About the Company:
Wastech, Inc. is an Oklahoma-based, public holding company, with investments in energy assets and proprietary waste management technologies, specializing in alternate means of collecting, transporting, and disposing of liquid and solid bearing wastes, as well as, integrated waste to energy programs, utilizing environmentally friendly, cutting-edge conversion systems. Wastech currently utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres of coal, coal-bed methane, and oil and gas rights across the mineral rich state of West Virginia.
The Company plans to file the above transaction and documents thereto with the Security and Exchange Commission ("SEC") this week and that this release contains excerpts from a previous press release and should be read in conjunction thereto.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Wastech's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Wastech's control, will affect actual results. Wastech undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Wastech's annual report on Form 10-KSB for the fiscal years ended December 31, 2002, 2001 and other filings with the U.S. Securities and Exchange Commission.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Wastech, Inc.
WTCH hod .15 new 52 week high
GTE lawsuit classaction ends today if no filing.
http://www.scott-scott.com/
go to the daily docket and view all.
WTCH broke 52 week high at .145
WTCH again, .14 hod and 52 week high
Lebed pumping WTCH
FGFC news
CCMI up big on no news
CYAD up big
5:46pm 06/26/06 CyberAds Acquires Rhino Off-Road Industries - Market Wire
WTCH .13
IDCN
Indocan Resources Responds to Recent News Articles
11:52 PM ET Jun 26, 2006
VANCOUVER, British Columbia, June 26, 2006 /PRNewswire via COMTEX/ -- The following is being issued on behalf of Indocan Resources Inc.:
Indocan Resources Inc. (IDCN : indocan res inc com
News , chart, profile, more
Last: 0.000.00-16.67%
6:41pm 06/26/2006
While many continue to bash our Company and news articles come out fresh like today from Stockwatch in Canada, the truth remains that we are in good condition. We are in better financial condition than ever before. We are NOT going to lose anything at Abilene and in fact will probably invest more there in the future, it is one the hottest revitalized oil patches in the country.
We do know the identity of the prospective purchaser of Sunray Oil assets. Stockwatch reporter Mike Caswell, is writing his version because we did not feel it was our place to disclose such information. Mr. Caswell is also confusing things as he says there is no oil at well #1. During the year 2005 Sunray Oil drilled a dry hole near Abilene. Since then, in 2006 they have drilled successfully a well we call #1 and it is pumping 30 to 32 BOPD as it states in the court documents filed by the Securities and Exchange Commission. He has read the court claims and knows he deliberately wrote a confusing article so he and Stockwatch could publish a salacious story. Even the headline at first glance sounds like Indocan was sued by the SEC, when in fact the SEC has sued on our and other investors behalf seeking disgorgement and penalties to Sunray Oil. It is clever writing though we must admit.
As of today, Sunray Oil Co.'s lawyer has told us that he has had talks with the court appointed receiver and that the receiver agrees that the drilling must continue and has authorized it as well as proceeding with the recording of our and others' assignment of lease interest at the Taylor County court house. He expects that to be completed by Wednesday, a day later than we were told last week due to recent events.
If we for any reason believe that the court appointed receiver is not doing what we think is the right thing we will immediately bring suit to compel him to do so.
IDCN
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