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Market Demand for Cloud Storage Capacity Fueling IceWEB Expansion
IceWEB Footprint Scaling Exponentially in the Cloud
Press Release Source: IceWEB, Inc. On Tuesday October 18, 2011, 8:00 am
STERLING, Va., Oct. 18, 2011 /PRNewswire/ -- IceWEB, Inc.â„¢ (OTCBB:IWEB.ob - News), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that it has received a significant expansion order from one of its major customers. IceWEB storage expansion sales are increasing because customers need more space for data archiving, reference data and fixed-content applications. All IceWEB Unified Storage Systems support both block and file data in virtual server infrastructures whether they are in the cloud or in a data center.
With their built-in 128-bit ZFS file system, IceWEB storage systems scale easily. Adding storage becomes affordable when customers utilize IceWEB's ultra-high density 4U storage shelf which can house up to 60 3.5" SSD, SAS or SATA drives. Thus one data center rack can be configured with as many as 600 hard disk drives. By being able to place up to 1.8 petabytes in a single rack, compared to traditional data storage configurations, customers control expansion costs by reducing data center power, space and cooling requirements.
"As our customer footprint continues to grow, orders for ancillary service contracts, storage expansion, software licensing sales and recurring revenues all increase as a result," said John R. Signorello, IceWEB CEO. "Meanwhile our high-end Unified Storage Platforms with hybrid SSD technology are attracting new customers seeking high-performance, high-availability platforms. Add to that our VMware compatibility and you can see why we're looking forward to a great 2012."
Do they have any interest in doing this?
Their only focus may be opening more locations and cranking out more wraps.
We shall see
That was one of my questions.
Do they have plans to be fully reporting any time soon?
Would like to know.
Either way it will be worth the wait and will be much higher by the time they are.imo
I like the company and am not selling any shares until at least a nickel.
But I have been disappointed in their ir.
I have emailed 2 times and called once with no response.
The person answering the phone said they were in a meeting and very busy and the best way to get ahold of them was email.
I would greatly appreciate knowing that someone got a response.This will be key to the stock advancing out of this range.imo
They may be more reachable as they go forward. I am hopeful this changes quickly.
I get the feeling the management has not been all that concerned about communication with the public in the past and more concerned about growing the business and profits,which they have done a great job at.
The last pr makes me think that is changing, but still concerned about lack of individual communication.
GLTA
Bought some this am at .093.
Do I chase it up to .096 this pm or maybe wait until nest week?
This company just does not have any leaks on pr's so they come without warning.
Looking for more pr's on new drug shipments, very soon.
GLTA
I noticed today for a period there was 1 mill available at the ask. The bid has been 1 mil most of the day.
Is this size typical over the last 3 or 4 months or something new?
GLTA
Looks like this is a play on an operating company with revenue that has been private merging into basically a non-operating company. Usually it means that the new company has to get moving on informing the public shareholders on what is going on in the company. Great--because this press release says they are already completing contracts and those revenues are going to be in the Oct-Dec quarter.
I could be wrong, but I have seen this before. The formerly private company has a stack of PR's they can put out that they did not put out before because they were not required to. Wish the spread was tighter, but I bet that a sale would go through at a price lower than the ask. I may try to do that to test the waters.
Attempting to buy today around .092.
Don't know if we will see .08s again.
Depends on news flow.
I don't have any idea where just two more product releases will put us but I think much much higher.
GLTA
Pretty well loaded up .
I truly hope there is some news,
Me to!!!!!!!!!
"if not, this will be short lived and these traders will dump in the coming days"
Agree
Attempted to get some more at .0037 today.
Like trying to fish for salmon in a bath tub. Not many bites.
GLTA
Does anyone have a number to call the new ir?
I haven't been around long enough to know if they telegraph there news with leaks/volume, that is another way to know if news is coming on some smaller stocks. Here though any decent volume may leave many chasing.
I do agree that I have seen the pattern you are speaking of many times.
Its is most likely a safer play but if the initial run takes us to .008 your pull back may only be to ,0055 or so. You may find yourself chasing it from there.
I have never been that patience to execute that strategy, and can't always watch. Sometimes I am gone for a day or two.
GLTY
I completely over looked it, its in huge numbers. lol
I read all the paragraphs on the left and missed the large print..
Have you watched it long enough to know how often it is up dated?
GLTA
I wonder what the catalyst will be?
Should be interesting.
Spent a while last night on the ihub board and on the website.
Pretty impressive over all.
I saw it posted on this board a few days ago but I don't know where to find their update on how many wraps they have completed to date. Does anyone know where to find that, I must have overlooked it.
I would love to have the liquidity to buy up those 5 million.
It would certainly shock whoever put it their.
It will be interesting to see if and or when it does disappear.
Certainly anything positive from the company would make it disappear.
"we should see it dissapear fast" Hope you are correct.
GLTA
You would really have to assume it is some one or some ones holding the price down.
I would think that anyone with that many shares would know that this will put a lid on the price and a lid on how much they are going to get for their stock.
With this kind of volume I would slowly sell my stock and try not to stop the rally.
And maybe still be selling above a penny.
About the only thing that makes since is a purposeful lid in order to accumulate stock.
GLTA
Check out the ibox.
Lots of info/facts about skzw.
GLTA
Me to .
Shocked I was able to get a little at .0039 toward the eod.
Hopefully we get a pr to bring in a little vol and up we go.
Although we may just continue to trend higher as we are above 50 and 200 day ma.
I really think a nickel could happen in short order just on fundamentals.
glta
Agree .005 will be gone very quickly with any upward pressure.
They may receive many emails but I assume they would reply.
No stock available below .004 today.
GLTA
Sure hope the ir change is positive.
I have not heard anything from my question i emailed on Friday.
The answer to the question is not as important to me at this point as just knowing they reply to share holders . It may take a couple of days.
GLTA
Very glad to have a position here.
Will add more.
I asked a question and sent it to this email (pr@skinzwraps.com) on Friday am and did not get a response. Should I expect one? Does it take a few days sometimes? Anyone had a similar experience?
GLTA
Should be interesting next week.
This has been an excruciatingly long final count down.
Amazing someone comes in yesterday and buys a sizable position in iweb and then no interest today.
Has happened several times.
Have a great weekend
I was going to make a post saying somebody knows something, but with all my prior posts saying "somebody knows something" , they have become less credible. Although at some point I will be correct.
Well what the heck, one more time.
We must be very very close and somebody must know something!!!!
GLTA
Mostly me, Hope it continues.
I am fully loaded,
Here for the long term.
Great job on the info box on ihub.
GLTA
I have done some more dd and still like what I see long term.
Attempting to pick up more at .003.
I don't know what will finally help this company get the recognition they deserve.
Sometimes price appreciation happens slowly after a series of prs.
GLTA
Don't know if I should have but stepped up to .0037.
As soon as i put in a buy someone went above me for 1 mill.
Does the company have a history of printing shares.
Is that why someone has allot to sell.
I will sit tight at .0032.
I need to do some more DD. Just trying to pick up 400k as a starter position.
At first look very positive.
GLTA
Trying to get in at .0032.
I do not have a position yet so if somebody would sell that would be great. lol
GLTA
"Of course when it's back up 2 cents there will be the "somebody might know something" yada yada
That would be me.
My reasoning is that the mo of this company has been news is preceded by volume.
But what do I know, I am now 2..5 months off of my prediction on the close.
"not looking particularly wonderful"
Agree!
Very Frustrating!
Yup traders I would guess,
Hopefully we bounce off of .09.
I really like the fact that most of lodrane competition has been taken out.
I think this could really help the revenues from lodrane.
GLTA
I would bet it was an individual who wanted in for 200k or so and did it all in a day. Hopefully they know something that why they were in a hurry.
You are correct I don't know for sure,
Wow where did the volume go?
RFB So what do you predict will happen when the merger closes?
What is your target?
As I recall you have a core position and are trading a position?
I told myself I would let a little go at .19 and buy back at .17.
Did not sell yesterday as the volume and movement on such a down day imo indicates something is going on.
But I thought that before.
Kodos to you if you have been trading for 10% down here as you probably made 50% on you money.
DOD What a process for funds approval.
Do I understand that you serve in the military?
If so thank you for serving the United states of America.
glta
Somethings up.
I think.
I know.
.07 seems to have held longer.
Its out of eltp hands.
Thank the fda for the delay.
Efficiency is not their middle name.
imho
There seems to be support at .07.
I will average down at just above that, if we get there.
GLTA
Now we need a couple of these a week.
I have a small business and every-time I make a sale it has potential for more.
Hope it happens here.
GLTA