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XLPI news about divy tomorrow is last day to buy for divy
CMBV divi play this week
MGEN news...
MGEN Med Gen Settles Judgment Claim
Business Wire - April 3, 2006 8:00 AM (EDT)
BOCA RATON, Fla., Apr 03, 2006 (BUSINESS WIRE) -- Med Gen Inc. (OTCBB:MGEN), manufacturers of the national brands Snorenz(R), snore relief throat spray; Painenz(R), roll on pain relief formula; Undiet(TM) weight loss system and Good Nights Sleep(R), sleep aid throat spray, announced today that it has settled a two year Judgment claim won by former distributors.
The Settlement reduces the amount of the claim from $4 million to $1.25 million and provides for "payments over time" in an extended 28 month period. The Settlement also provides for a substantial discount of 10% should the company wish to pre-pay the full amount of the Settlement or the balance remaining at anytime during the 28 month payment period. The final portion of the judgment is the issuance of 15 million restricted shares with a registration provision and a "guarantee put" at the sole discretion of the company valued at $200,000. In all, the company realized a monetary saving of approximately $2.75 million.
From a practical standpoint, Mr. Kravitz stated that being free of the overhang from the judgment and the many financial hurdles that it posed over the years, allows management to release the company's full marketing program for its four products. Product commercials and media advertising plans encompassing e-marketing, mailers and TV Infomercials will be announced in separate releases.
Those interested in previewing important announcements should visit the company website on a consistent basis at http://www.medgen.com as well as our product sites http://www.snorenz.com, http://www.4goodnightsleep.com and http://www.painenz.com. A new site for the Undiet(R) system will be announced in future releases. We also suggest trying our products.
About Med Gen Inc.
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" 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.
The company is now completing its testing on a radically different approach and delivery system for its weight loss program, Undiet(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $60 billion by 2007.
For further information on Med Gen Inc., please visit http://www.medgen.com
This Press Release contains or incorporates by reference "forward looking statements including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.
Med Gen, Inc. is a publicly traded company on the OTCBB exchange "MGEN".
SOURCE: Med Gen Inc.
Med Gen Inc., Boca Raton
Paul Kravitz, 561-750-1100
http://www.medgen.com
Copyright Business Wire 2006
ITWJ should move soon a lot of vol coming in.
Catani, what the company needs to do is bring some shareholder confidence back into this stock by filing on time as they mentioned in previous prs.
Hi Mick, are you in on LGF? I picked up a few options on it. They just got a couple of upgrades and a blessing with a few videos on yahoo finance. I see big things happening there soon.
I see no reason why they should not release them. It would hurt their chances of filing for OTC.BB status if they are late with their numbers.
Did anyone notice that this board has quotes for ITWJ is that sign that we should be going into ITWJ?
Hi SA I signed up for the Microcaptrade software it is nice I signed up through your site. How does ITWJ look for a trade do you think it could do what AVDC did? I was in AVDC but sold way too early.
HI BB, I picked up the Microcaptrade software it is nice, will take a few days to familiar with the features.
HQSM trying to close on HOD
etrade l2 is gone it was nice while it lasted maybe they will bring it back?
I like that chart on FMLY!
Hi SA could we get a chart for FMLY. Thanks in advance!
FMLY & XKEM HOD!
FMLY moving nice!
FMLY insiders buying!
http://www.secform4.com/insider/showhistory.php?cik=1107630
SA is JKRI chart in a channel play right now? Thanks in advance for your help!
Great security system!
Emilson, Shorts will have to buy this stock at a higher prices to cover their positions. That will increase buying power on this stock, and it will go higher faster.
Family Room Entertainment Corporation (OTCBB: FMLY) through its wholly owned subsidiaries, engages in the development, production, and distribution of theatrical based motion pictures primarily in the United States and Canada. It also provides production related services. The company was organized in 1969 under the name Cobb Resources Corporation and changed its name to Family Room Entertainment Corporation in 2000. Family Room Entertainment is based in Beverly Hills, California. With 106.27 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of FMLY.
FMLY Shorts Will be covering next week! Up we Go!
Family Room Entertainment Corporation (OTCBB: FMLY) through its wholly owned subsidiaries, engages in the development, production, and distribution of theatrical based motion pictures primarily in the United States and Canada. It also provides production related services. The company was organized in 1969 under the name Cobb Resources Corporation and changed its name to Family Room Entertainment Corporation in 2000. Family Room Entertainment is based in Beverly Hills, California. With 106.27 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of FMLY.
FMLY shorts will be covering this stock next week! UP we GO!
Family Room Entertainment Corporation (OTCBB: FMLY) through its wholly owned subsidiaries, engages in the development, production, and distribution of theatrical based motion pictures primarily in the United States and Canada. It also provides production related services. The company was organized in 1969 under the name Cobb Resources Corporation and changed its name to Family Room Entertainment Corporation in 2000. Family Room Entertainment is based in Beverly Hills, California. With 106.27 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of FMLY.
FMLY nice vol and up ticking!
FMLY up ticking
FMLY uting again
PLKC here comes the .005
PLKC is a buy!!!
JKRI is on sale here good chance to add or get in.
SA JKRI was a great pick for today! What is resistance on this one?
Letter to Shareholders - 26 February 2006
With the completion of the audit of Diverse Network Inc, our wholly owned subsidiary, and the filing of the Amendment to our 8-K statement to the Securities and Exchange Commission, I guess we can now say that Jackson Rivers Company is officially a new company. And that is true in many ways. We can boast of new management, the best in our business I believe, professionals with dedication, experience and the desire to succeed. We have a defined vision that looks upon a new horizon in information management. We have created a direction for the company that points to we believe are endless possibilities and opportunities.
Diverse Networks is a small but, I believe, a strong and exciting company. The people who founded it nearly eight years ago are some of the most dedicated in the business, high in integrity and committed to success. The company itself has done relatively well since its inception, and as the recent audited financial statements indicate, achieving revenues above $6 million a year until 2005. What the audited financial statements do not immediately reveal is that Diverse was in effect investing a considerable portion of its potential profits into the development of a new platform for M2M services, a platform that has been tested with major companies and proven itself over years of use. It is this platform for M2M that will be one of the foundations for our future growth.
As we have stated in previous announcements, Jackson Rivers Company is being developed to compete as a leader in the Machine- to- Machine or M2M industry. What that means is that we specialize in using devices to collect data from other machines, transmit this data across a network, then process this data into some kind of meaningful information for our client or end user. Our world is always looking for ways to increase productivity, efficiencies and monitor results. M2M services enable companies to better control their environment and improve results.
Industry analysts talk about the M2M space as representing hundreds of millions if not billions of dollars as more companies seek information. Some in the industry talk about how the need for data and information is insatiable and we are just beginning to see what will be massive efforts and dollars spent to harness this information. Many companies have jumped into one part of the M2M industry or another and for the most part it is comprised of many smaller companies specializing in niche areas. Our goal is to be a total services provider, to be able to work with a customer from one end of the system to another, from the collection of data to the processing of information. We believe that this ability to work end to end for our customers is what will differentiate us from much of the competition.
Our vision, our goals and the paths we are pursuing are the result of years spent working in the information and network management business. The employees of Diverse Networks have developed or managed data and information systems for major companies such as Ricochet, Palm.net, BP, Chevron and General Dynamics. Our state of the art facilities in Houston, Texas are equipped to handle the largest of customers as well as many smaller customers.
To be a major participant in the M2M space, however, we believe we will have to move decisively as the industry itself is changing rapidly. One important decision we made was to become a public company through the merger with Jackson Rivers. Another decision has been to divide the company into two business units: the consulting unit and the M2M services unit. At the same time, we have identified four key areas of opportunity for the Company: Oil, gas and pipeline industries; Water and wastewater management; Municipalities and utilities; and Original equipment manufacturing.
Although we began assembling the plans for a new company nearly a year ago, our work here at Jackson Rivers has really just begun. The company is , we believe, undercapitalized and we expect that it will take some time for the market to recognize that what was once an underperforming company now has a solid and substantial business at its core. At the same time, we are prepared to go forward aggressively and advance our goals through partnerships, joint ventures and strategic acquisitions.
We have already announced two pending acquisitions, Camvera Networks and UTSI International. Both of these intended acquisitions came after long discussions among the principals and careful evaluation of how we could join these companies together. While I am not in favor of announcing nonbinding “Letters of Intent,” these acquisitions are key to our development and I wanted shareholders to begun to see and understand the path we are trying to build here at Jackson Rivers.
UTSI and Diverse Networks actually share a history and already have precedence for working together over the years. I am extremely excited about bringing Dan Nagala, the CEO of UTSI, into a more formal working relationship with Diverse as between the two companies, we have arguably the finest and most experienced data and information management teams team in the petroleum industry among others. UTSI provides great support to the consulting side of the Jackson Rivers’ business plan, as well as great experience in many parts of the world.
Camvera is an exciting young company that has, I believe, developed a strong and successful business plan for providing wireless networks for municipalities and in developing countries. The networks they deploy can become the backbone on which many M2M applications can be supported, M2M applications such as automated meter reading, emergency response systems, and resources management. As the need for network services in many of these areas is growing, so are the opportunities to provide many new and valuable applications across these networks.
We are working diligently earnestly to complete the due diligence on the proposed acquisitions we have announced. This can be a lengthy process taking months before we are completed. Meanwhile, we will need to bring capital into the company to support our planned growth and those financing efforts will depend to some extent on our being able to achieve a more representative market cap and share price of the company’s stock.
There is a lot of information to share with you and we will do our best to provide regular updates on our progress. At the same time, I will be asking others within Jackson Rivers to share some of their views on the M2M industry and their perspectives on how we will grow as a company. Soon, we hope to have our web sites upgraded and be better able to to interact with our shareholders.
We are a new company, and we have a lot of work to do both in terms of growing the business as well as in improving our communications with you. I appreciate all those who share our enthusiasm and who are supporting our efforts. I look forward to our working together.
Jeffrey Flannery, CEO
JKRI going again
USXP profits are going into the subs they all are getting hot, IVFH will be next.
IVFH is creeping up with nice vol
Why I own this stock. The potential in this stock out weighs the risk.
1. The company has a good product food! Check their website. That is recession proof, we will always need food. The rich never settle for second best and the company has the best. There will always be a high demand for the best.
2. Management they may be tight lipped with what they are doing, but they are being honest with what they are doing, not hyping their business every week with a bunch of fluffy PR’s. This is a chef driven company and chefs works with chefs! The have a lot of contacts in the business world and a good following, repeat business.
3. This is a worldwide business the potential is great.
4. Deals, I don’t know if they have any new deals but if they can land a major deal say for example with a cruise line that would be astronomical! They buy food by the tons not pounds! That would change this company’s financials significantly to the upside. (I asked Joe D about that and all he said that was “crusie lines are a funny animal, and that that were working on trying to get a deal with one.) They may not have a deal with them, but what would happen if they get one with them?
5. Their core business is making money without all the extra deals so the fundamentals are good and the company will make us money in the long run if they don’t dilute the stock which I doubt it because they get compensated in stock, Its in their best interest to keep dilution to a minimum. Why shoot yourself in the foot if you don’t have to.
6. The move to OCT.BB will be a significant move for them because it would give them more credibility and they need it to move on!
7. Invest at your own risk! As we all know the more Risks equals greater Rewards except in pink sheets companies. Lets get off the pink sheets!
MBAH very hard to fill orders on they take forever to go through and you only get a partial with ETrade.
APPI hows does it look for tommorrow? chart looks good we need more vol.
XKEM is moving
PLKC moving nice
VPER AH news!
...Press Release Source: Viper Networks, Inc.
Viper Networks Victorious in Dispute with Greenland
Thursday February 16, 9:58 pm ET
SAN DIEGO--(BUSINESS WIRE)--Feb. 16, 2006--Viper Networks, Inc., (OTC:VPER - News), a leading innovator in voice-over-Internet (VoIP) products and services, today announced that it has emerged victorious in its dispute with Greenland Corporation.
Per the terms of the binding arbitration, Greenland is required to return all of the common shares of Viper Networks, as well as the return of a $25,000 cash payment that Viper paid to Greenland at closing. The arbitrator essentially granted Viper's request to rescind the entire transaction, which took place in 2003. Viper intends to cancel the common shares and return them to treasury.
"I am elated with this victory," Viper Networks CEO Farid Shouekani commented. "This is a major step forward as we continue on a positive path of reducing expenses, and focusing on sales as we drive toward our goal of profitability."
If you would like to be added to Viper Networks' Investor list, please send to ir@vipernetworks.com
About Viper Networks, Inc.
Viper Networks, Inc. provides VoIP products and services through distributors and resellers around the world. Its network of VoIP gateways serves more than 350 countries and regions, and it is unique in offering both network services and equipment to its customers. Unlike most competing VoIP providers, Viper Networks offers its service on a pre-pay basis. It charges only for minutes used and does not require any monthly fees. Its Internet-based users can get dial-up or broadband service with equal quality. Viper has been pioneering VoIP service and technology for more than five years. For more information, please visit www.vipernetworks.com
Safe Harbor Statement: Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. Viper Networks Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Viper Networks Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Viper Networks, Inc.
Ron Weaver, 858-452-8737
ir@vipernetworks.com
--------------------------------------------------------------------------------
Source: Viper Networks, Inc.