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Todays PR:
"Castle Technologies Appoints David Comeau as New President and
CEO ( PrimeNewswire )
B: Castle Technologies Appoints David Comeau as New President and CEO ( PrimeNew
wire )
LONGWOOD, Fla., May 21, 2008 (PrimeNewswire via COMTEX) --
Castle Technologies, Inc. (Pink Sheets:CSTC) is pleased to announce that the
Company has named David Comeau as president and CEO following the resignation
of Mark C. Kaley as president and CEO. Mr. Comeau has a decade of experience
in the gaming and information technology industries. He held executive
positions at the Suquamish Clearwater Casino and was a top consultant in the
start-up for the Ponderay Cafe & Casino in the State of Washington.
Castle Technologies, Inc. specializes in providing innovative solutions to
the growing international online gaming industry. Its unique gaming software
provides all the features and security levels to compete in the gaming
industry. What differentiates itself from the competition is its ability to
pay progressive payouts on played poker hands -- a first in the industry.
"This is an exciting time in the online gaming industry and I look forward
to leading the Company through a period of rapid growth and development. The
multi-player online poker market is growing at an incredible pace and we are
perfectly positioned to capitalize on the surge in popularity," stated David
Comeau, President and CEO of Castle Technologies, Inc.
"I am really excited about the future of Castle Technology, and I believe
the company and its shareholders are positioned for success," stated Mark C.
Kaley, former President and CEO of Castle Technologies, Inc.
About Castle Technologies, Inc.:
Castle Technologies is a software development and servicing company
specializing in providing innovative Web based gaming to the growing
international online population. Its market focus is the multi-player poker
enthusiast that has continued to spread internationally and grow at a
phenomenal rate. The Company will license these products and services to
offshore companies, and receive royalties based on the usage of the systems
and support in place.
Safe Harbor Act: Statements regarding financial matters in this press
release other than historical facts are "forward-looking statements" within
the meaning of section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and as that term is defined in the Private
Securities Litigation Reform Act of 1995. The Company intends that such
statements about the Company's future expectations, including future revenues
and earnings, technology efficacy and all other forward-looking statements be
subject to the safe harbors created thereby. The Company is a development
stage company who continues to be dependent upon outside capital to sustain
its existence. Since these statements (future operational results and sales)
involve risks and uncertainties and are subject to change at any time, the
Company's actual results may differ materially from expected results.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Castle Technologies, Inc.
Castle Technologies, Inc.
Investor Relations
1 866 THE APPL(E)
(C) Copyright 2008 PrimeNewswire, Inc. All rights reserved.
*** end of story ***"
cmkxman
I can't bring the vid up even after registering. Can anyone here give a synopsis or even better yet present the vid without some required login? TIA!
cmxman
"global block through DTC"? Goody.
cmkxman
Todays PR needs to be reposted every dozen posts so that the daytraders and others no what's going on with the company, and what the future potential is with CSTC at a glance.
CMKX still SUX
cmkxman
I prefer investing over gambling and though a bit off topic, now may be a good time to load up on krugerands or silver rounds. Check out the charts on the metals!
http://www.kitco.com/charts/techcharts_gold.html
Oil of course is still a good investment too. What you make off oil stocks is like saving money at the pumps.
cmkxman
I too wonder how the deal was structured. And a 45 billion dollar industry is a huge industry so I guess that makes our potential here huge too! I do hope Kaley holds out for the really big money before he unloads. We shall see I guess.
cmkxman
Vort.........I'm a pussy when it comes to gambling.........I don't throw money at pinks unless I don't have really good reason to like high volume trading, low float, pr machine running, easy in/out and upward price movement, and this one was no exception with the exception of it being simply a reverse merger candidate by a proven R/M success story guy. I do love playing the "Wheel of Fortune" dollar slots in Vegas, but I never put more than a few hundred on them and I walk away when my "play money" is gone. I never hit the gaming tables even though I consider myself pretty competent at playing black jack and poker; at least I was as a kid. And I'll never touch the online gaming sites; if they hook you, I'm sure they hook you good! Nonetheless, the progressive pot niche will make this stock soar once the skull and cross bones are gone from pinksheets and we get the PRs that make this company real!
cmkxman
A most excellent PR! It doesn't show on my TDAtrade streamer; big surprise there.......and I had to cycle back throgh two full pages of this boards pumper posts, but I'm glad to see this pr. Our man Comeau reportedly:
"has a decade of experience in the gaming and information technology industries. He held executive
positions at the Suquamish Clearwater Casino and was a top consultant in the
start-up for the Ponderay Cafe & Casino in the State of Washington."
That's good to hear. I slept in 'cause I work a late swing shift, but I almost wish I'd gotten up early for this pr. Very good start to the day!
cmkxman
Why is this stock trading at nearly 50% below book value per Clearstation.com? The last 10q showed increased revenue, there's been steady insider accumulation for months now and almost every other oil company out there is trading at 2x - 10x price to book even with declining profits. This appears to be a real sleeper. In @ $2.89 this am.
*** CMKX Stockscam of a Lifetime ***
cmkxman
At least noone's "slapping" the bid! Noone's selling!! I'm impressed! Btw, check your pm's bre.
cmkxman
I would think that if Etrade had been allowing naked shorting then they'd be low on the bid or on a low ask, and they are not. So, I'm assuming they are not needing to cover and therefore not involved in naked shorting. Legal shorting will work itself out with a short covering in due time and that will cause good upward price movement. TDAtrades market maker, on the other hand is one with the big spread so they may be trying to cover. Let's hope not. If they complete the share conversion at the same time that ETrade and others do then I'll feel better about their legitimacy.
cmkxman
I'm surprised at that, as they are one of the biggest online securities brokerages trading the pinks and otcbbs. Got any thoughts or ideas as to why they are not making a market for CSTC?
cmkxman
bre........etrd isn't listed on your L2 quote post. Are you sure etrd is the market maker symbol for the Etrade market maker?
cmkxman
SBSH is TDAtrades market maker. Who is the MM for e-trade out of curiosity? TIA
cmkxman
Wasn't me either. Btw, that's a cool $100.00 including transaction fee! Wheeew.........slap the ask and go weeeeeeeeee........
Now we're talkin'! LOL
cmkxman
Not me bre..........I bought all I'm gonna buy @.0005 back in late Oct 07. If I buy anymore, it will be to cost average down at .0001 or maybe .0002. I know I'm probably alone in this desire, but I hope it does continue to pull back all the way .0001 where I can load up prior to the pr campaign launch that we're expecting. If not, then I'll see what kind of gains I can get from here @ .0005; my original point of entry. Seven months is a long time to wait for a 100% gain if I get it. I should have put all my cash on any one of 97% of the oil companies stock six months ago as I would have doubled my money already and then been able to take a position on CSTC at todays price. So goes it in the pink sheet market. Maybe when Bush leaves the white house we can all make a fortune shorting any of the overinflated oil stocks which are all trading 2-10 times their book value? Whatever........good luck to us all with CSTC!
cmkxman
TDAtrade still showing my shares under IMTD ticker. eom
cmkxman
I'm looking to pink, excuse me....pick more up at .0001 if possible as I picked my IMTD shares up at .0005. I'm barely even at this point. Please Comeau.........don't give us news yet!
There's nothing going on here...........move along folks, move along......
cmkxman
LMAO! LOLlol
cmkxman
Thanks bre.........the expiration date being this monday coming up would explain the site being down over the weekend.
cmkxman
And there again, dilution is our biggest concern next to whether the platform is close to getting up and runnning and all is legit. Every once in a while a pinky will come along and surprise everyone. Fingers crossed this is one of those unusual pinkies.
cmkxman
When I google "coupecorp and scam", I get nothing. But when I google "Montauk Financial and scam" I do get some redirects worth looking into. To anyone interested.........do the same and see what you can find out. I don't know if the articles relate to the same "Montauk Financial" listed on the board earlier by breharb, but it's worth looking into. GLTUA
cmkxman
Btw, when I google coupecorp.........I get nothing other than this:
Domain Search:
Domain Name: coupecorp.com
Status: clientTransferProhibited
Registrar: DOMAINDISCOVER
Whois Server: whois.domaindiscover.com
Referral URL: http://www.domaindiscover.com
Expiration Date: 2008-05-19
Creation Date: 2005-05-19
Last Update Date: 2007-05-20
Name Servers:
ns1.steadynet.com
ns2.steadynet.com
http://www.who.is/whois-com/ip-address/coupecorp.com/
Dilution.......one of three causes of corporate death in the pink market. Our other two fears are the common and ugly reverse split and/or a forced SEC delisting due to illegal practices by the company insiders. If the software is legit, and Comeau gets the platform up and running from the development stage..........this stock will be trading in the pennies and we will make out like bandits here at this price per share, barring a reverse split or dilution as you point out Vort. We may be in for a wait, or maybe we'll see that "block buster PR/PR blitz by the end of the month". I do hope you're right Vortmax!
cmkxman
breharb...........I don't know what it means, but I don't like the timing and coincidence of your posting the site on this board and it's disappearing a short time later.
cmkxman
My thoughts exactly Vort. Let's hope so! And if so, maybe the platform and it's potential is for real. We may have more than a couple weeks to wait, but maybe this does have the potential to trade into the pennies per share. Good find breharb!!!
cmkxman
breharb..........I'm sure you'll do a better job of it than I would! Thanks.
cmkxman
vortmax,
I enjoy your posts on the board. You're neither pumping, nor trying to destroy confidence in the stock for the reader. Which is why I'm messaging you with a favor to ask. Others are posting about any current licensing that Castle Tech may have. I'm curious too as it's a big answer to the companys legitimacy. If you have spoken with the IR person in the past, as I believe you posted............would you mind contacting them again and asking them for proof of licensure in a non-inflamatory way? I started to e-mail their "contact us" e-address and then decided against it as I don't want to piss them off or get blown off. Call me chickenshit! lol Anyway, breharb is stating that he will do so but I'd like to see supporting info (not that I distrust breharb, because I don't distrust him), but I think it will help build confidence in those who visit this board and are thinking of buying CSTC stock. And it will make me feel better too, being stuck in IMTD.
Btw, what do you think the odds are of us seeing .0001 again, and if we do..........is it worth cost averaging and taking further risk with this company? I only have a few hundred left to throw at it and don't want to put all my eggs in one basket. Thanks and take care.
cmkxman
breharb25.........when you e-mail them asking about any aquired gaming licenses.............could you ask for proof in a non-inflammatory way? We don't want to piss 'em off, but we want to be sure. Thanks for your time and efforts.
cmkxman
breharb25.......can you give us all a redirect for referencing your find? TIA.
cmkxman
The conversion would answer the delay. We may have another couple weeks to wait if that's the case. Thanks for your input wallymac.
Urban Scamsavant..........where's my 2nd Juina Mining dividend shares. Nevermind.......there's nothing there anyway. Asswhole.....
cmkxman
wildbill.........Can't argue with you there at all. I've been holding my IMTD shares since .0005 a few months ago. I'm cryin now 'cause I didn't pay .0001 those shares. It's hard picking them up at the right time. I've seen numerous stocks rally hard from .0003 so I didn't want to miss the Meuse reverse merger rally by trying to time it or slipping in under the wire at .0001/2. I hate this game sometimes but it's better than throwing a fewhundred dollars on a single powerball drawing maybe. Good luck to you.
cmkxman
RSDS.........I originally bought IMTD as it was a Joseph Meause reverse merger candidate. And Joseph had a history of success with reverse mergers. Joseph moved on leaving Kaley to do what he would with the shell it seems, and now we have an aquired company with David Comeau running it and no prior history of success to reassure confidence as far as I can tell. Hopefully Kaley will allow the company to rally hard before unloading his few hundred million shares shares, and hopefully Comeau will bring the company into the limelight with ever increasing revenues we are expecting and yet not reverse split us into a lost potential for gains. If his gaming platform is legit and real, then I expect the share price can move well up from here before settling down into a range that would call for a reverse split to once again make it attractive for new investors who don't normally touch the pinks and otcbbs. It's a lotto play for me now. Good luck to us all with this one.
cmkxman
Thanks for clearing that up RSDS. Hopefully jr's business will fair better than his fathers(grandfathers?). Certainly a far greater potential for far greater profits if the gaming software is real and what it's touted to be.
cmkxman
Well even with online gambling banned in the U.S., there is the target base of China and Japan, not to mention every other lesser populated nation. So as I say, if the company is real, there is huge potential here. And being at .0003, we have a lot of upward price movement barring insider selling and astro-dilution. Whether the A/S is a billion or severall hundred million.............that's plenty.
cmkxman
If the software is real and the gaming accessable, then it sounds like the company has a good running start at cornering a healthy percentage of that huge market. I do like the potential for profits, if the company gaming products are real.
"By offering more variations, features and state of the art graphics and web animation to player-to-player poker games, Castle Technologies keeps players coming back for more."
"By constantly introducing innovative new games, first-to-market concepts, and bigger jackpots and prizes, we keep our internationally-renowned clients in front of the competition. Players enjoy unique Castle Technologies offerings such as online multi-level progressive jackpots and high-speed poker action."
"we offer marketing support and 24/7 customer service for a total online gaming solution. Our range of games and services are available in multiple currencies (US Dollar, British Pound, and Euro) and multiple languages (English, French, Italian, Spanish, German, Japanese, Chinese Traditional and Greek). In a competitive market, our sophisticated industry background helps our customers understand players and develop effective marketing strategies for profitable growth."
cmkxman
Concerning my questioning the validity of the software........I realize that Mr. Comeau applied for patent and it was approved, but that is basically securing patent for an idea isn't it, or even presenting unproven schematics or software itself with the application right? The actual software hasn't necessarily been designed and proved functionable, much less put into use in a profitable business, if I understand the patent process? So again I ask........can anyone verify the validity of the product that David Comeau is basing the sale of his company stock on?
cmkxman
Thanks RSDS for the research! I expect they domiciled with dad for a while in between moves or when things got rough financially. Doesn't bother me, but what does bother me is going from a failed restaurant business to software design. Is that right.........David designed this gaming software, or is he simply the ceo with another individual or group having designed the software? I always question if the product is legit and really in existance when it comes to the pinkies. Can anyone verify the validity to the business? Huge thanks in advance!
cmkxman
Sorry.......just spotted the redirect in the i-box. Looks like RSDSu308 has the DD covered.
cmkxman
http://www.gobignetwork.com/profiles/David-Comeau.aspx
I'm assuming this is the same David Comeau and the same Castle technologies company. All are welcomed to add any other info they may come across.
CMKX the Stockscam of a Lifetime
cmkxman