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SARO fwiw >> Posted by: mhinsea Date: Wednesday, June 03, 2009 9:49:39 AM
In reply to: ThePennyGuru who wrote msg# 179322 Post # of 179404
VERY IMPORTANT HERE *** SARO Merger #'s
$35m Revs
25% interest
------------
$8.75M for SARO
A/S 550m assuming fully diluted here (Not guaranteed, pinksheets)
.015!! PPS on P/E of 1 !!!!!!!
THIS IS A RM PEOPLE
SARO 0.0019 / 0.0020 falling here
SARO break-out
That would be sweet ,Anyway i only play the news
SARO 0.0015 / 0.0016 Merger News >>
SEATTLE , June 3, 2009 (GLOBE NEWSWIRE) -- SARS Corporation ("SARS" or the "Company") (Pink Sheets:SARO) announced it has executed a merger agreement between its U.S.-based monitoring and management services business and an Illinois based conglomerate. The conglomerate of companies, specializing in mechanical and electrical construction, energy infrastructure, and facilities services, design and installation, includes Environmental Insulation, Inc. , ESDD, LLC , Alternatech, Inc. , Swank Enterprises, Inc. d/b/a Art & Print, Inc. , Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company , (collectively referred to as "Associated Mechanical"). The merger creates a new, multi-million dollar operating company that will focus on comprehensive building construction services and systems management technology, with combined annual revenue for 2009 expected to be approximately USD$35 Million . Services offered will include facilities system monitoring and controls and building automation for commercial spaces, giving the company the capability to provide 24/7 information on critical heating, air, electrical, and security systems for buildings of virtually any size
SARO is moving now 0.0015 / 0.0016 MERGER NEWS
0.10 / 0.11 already dipping.
SARO 0.0012 merger agreement
Wednesday, June 03 2009 9:01 AM, EST SARS Corporation to Acquire Systems Installaton and Monitoring Businesses GlobeNewswire "GlobeNewswire "
SEATTLE , June 3, 2009 (GLOBE NEWSWIRE) -- SARS Corporation ("SARS" or the "Company") (Pink Sheets:SARO) announced it has executed a merger agreement between its U.S.-based monitoring and management services business and an Illinois based conglomerate. The conglomerate of companies, specializing in mechanical and electrical construction, energy infrastructure, and facilities services, design and installation, includes Environmental Insulation, Inc. , ESDD, LLC , Alternatech, Inc. , Swank Enterprises, Inc. d/b/a Art & Print, Inc. , Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company , (collectively referred to as "Associated Mechanical"). The merger creates a new, multi-million dollar operating company that will focus on comprehensive building construction services and systems management technology, with combined annual revenue for 2009 expected to be approximately USD$35 Million . Services offered will include facilities system monitoring and controls and building automation for commercial spaces, giving the company the capability to provide 24/7 information on critical heating, air, electrical, and security systems for buildings of virtually any size.
SARS will acquire Associated Mechanical through a merger in which, upon closing of the merger, approximately 75% of its issued and outstanding common stock will be held by Associated Mechanical. The parties intend to close and complete the merger by June 30, 2009 .
The newly combined company will be headquartered in Washington , Illinois , and will take advantage of SARS management's 20-plus year history and experience in asset tracking, management and monitoring by adding those capabilities to its newly acquired products and services portfolio. SARS' experience in the tracking industry combined with the newly acquired services of Associated Mechanical will allow SARS to offer a complete package of control systems design, sales, installation, and monitoring services to building developers and owners.
SARS will initially operate primarily in the Midwest, serving the large existing customer base developed by Associated Mechanical over the past 50 years. The Company expects to begin expanding its footprint quickly over the next 12 months, beginning with projects in the Northeast and the Southeast.
Said Frank Bonadio , incoming Chief Executive Officer of SARS: "We're extremely pleased to be able to add the technology capabilities of the SARS team to our companies and product mix. SARS will now be able to offer a complete suite of building management services to all our customers, and as a result expand our business dramatically. Control systems monitoring will give us a big edge -- whether its life saving information from a breakdown in a hospital system or energy saving applications in an office building, we can now provide instant data and timely on-going support." Geoff Meagher , SARS' interim Chief Executive Officer stated, "We are excited about the synergistic relationship created by this merger. This new opportunity allows the Company to enter a broadly expanded marketplace, including facilities system monitoring and controls."
About SARS Corporation :
SARS Corporation is a control systems contracting and services company, providing design and sales, installation services, and monitoring software to building owners and operators. The company provides the highest quality products, timely installation and service, and industry-leading Web accessibility, allowing customers to see and act on vital systems information from more places than most other systems have access to. This high level of visibility means any problems can be resolved faster, maintaining occupant comfort and minimizing deviations from energy saving strategies. www.sarscorp.com
The SARS Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5966
About Environmental Insulation, Inc. , ESDD, LLC , Alternatech, Inc. , Swank Enterprises, Inc. d/b/a Art & Print, Inc. , Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company , ("Associated Mechanical"):
Associated Mechanical is a conglomerate of mechanical and electrical construction, energy infrastructure, and facilities services companies that design, install, service and monitor innovative systems that create comfortable, efficient facility environment. Associated Mechanical also installs building automation technology for commercial spaces in various industries, as well monitors and controls these systems from off-site locations. Associated Mechanical specifically provides services for industrial, residential and commercial heating ventilation and air conditioning ("HVAC") systems as well as plumbing, piping and necessary fixtures.
Press Release services by: www.SmallCap1.com & www.PennyStockProfile.com
Safe Harbor Statement
This Press Release may contain forward-looking statements generally identified as such because the context of the statement will include words such as SARS Corp. "expects," "should," "believes," "anticipates" or words of similar import. Forward-looking statements are subject to certain risks and uncertainties including the financial performance of SARS Corp. which could cause actual results, performance or achievements of SARS Corp. to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore. "Forward-looking statements," as defined Private Securities Litigation Reform Act of 1995, may be included in this press release. Relating to future events and/or future financial performance. These statements are predictions and may differ materially from actual future events or results. SARS Corp. disclaims any intention or obligation to revise any forward-looking statements resulting from new information, future developments or otherwise. Refer to documents filed by SARS Corp. with the SEC , which identify risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, (iii) obtain additional financing, (iv) react to actions of our competitors, (v) develop new services and markets for our services, remain in compliance with regulatory rules and regulations and to integrate such services with the products and services of our co-joint ventures and (vi) foresee and make necessary changes to our business strategies.
CONTACT: SARS Corporation Geoff Meagher (206) 322-5586
ADXS (bounce play !!!)
ADXS 0.15 FDA denying Orphan Drug request for Designation (ODD) for the use of ADXS11-001 in invasive cervix cancer
Wednesday, June 03 2009 8:00 AM, EST Advaxis Receives FDA Response to Orphan Drug Filing Business Wire "US Press Releases "
NORTH BRUNSWICK, N.J.--(BUSINESS WIRE)-- Advaxis, Inc . (OTCBB:ADXS) received the FDA letter late on June 1 denying the company's request for Orphan Drug Designation (ODD) for the use of ADXS11-001 in invasive cervix cancer. The FDA stated their market definition for invasive cervical cancer prevalence (including all those who had been cured) is over the 200,000 person cutoff. Further, the applicability of ADXS11-01 for a precursor condition, cervical intraepithelial neoplasia (CIN) was considered by the ODD as an early manifestation of the disease. No prevalence estimate for CIN was provided in our original application. There was no issue raised about efficacy.
Advaxis Chairman and CEO Thomas Moore commented, "When we announced this ODD filing, we said it was historically a 50% probability of getting approved. With an annual incidence of only 10,000 patients in the US diagnosed with invasive cervical cancer and a very poor prognosis if standard therapies fail, which they do for about half these patients, this appeared to be just what Orphan Drug was designed to encourage. The FDA Office of Orphan Products Development was very cooperative with us but we are naturally disappointed.
"We have pending study activity in cervical cancer in collaboration with NCI and plan to conduct at least one additional off-shore study. Our Phase I results showed great promise. We will likely seek another regulatory route for this indication, Fast Track designation, for which we can apply in the near term. If approved, Fast Track provides similar advantages in regulatory acceleration, but provides no market exclusivity or the possibility of grant support from FDA."
About Advaxis, Inc.
Based in North Brunswick, New Jersey , Advaxis is developing proprietary Listeria monocytogenes (Lm) cancer vaccines based on technology developed by Dr. Yvonne Paterson , professor of microbiology at the University of Pennsylvania and chairperson of Advaxis' scientific advisory board. Advaxis is developing attenuated live Lm vaccines that deliver engineered tumor antigens, which stimulate multiple simultaneous immunological mechanisms to fight cancer.
For further information on the Company, please visit:
www.advaxis.com.
Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations and statements of future economic performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from what is currently anticipated. Factors that could cause or contribute to such differences include those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission . The Company cannot guarantee its future results, levels of activity, performance or achievements.
Source: Advaxis, Inc.
GMGMQ called it @ 0.49 ;)
Posted by: WiseTrader Date: Tuesday, June 02, 2009 3:16:11 PM
In reply to: None Post # of 1496126
GMGMQ flip play
GMGMQ out here ,looking for another bounce area!
GMGMQ flip play
IGNT CHART :
IGNT might see 0.0040!!jmho
IGNT really could go wild!!
IGNT Huge volume 0.0030 / 0.0031
STHG 0.0023 / 0.0025 nice .
NVSR (3)0.0045 /(3)0.0050
NVSR 0.0045 / 0.0050 Shake is over now (profit taking). Bouncing off today's low 0.0032 .
I still believe this one should see 0.01 + soon JMHO
NVSR Going back up 0.0045 / 0.0050 now
NVSR 0.0045 / 0.0050 now
NVSR JUNE PICK >>>
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38313188
All my posts are opinions,NOT a recommendation to buy or sell ,Please do your own DD
NVSR JUNE PICK >>>
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38313188
All my posts are opinions,NOT a recommendation to buy or sell ,Please do your own DD
NVSR 0.0043 / 0.0045 Shake is over now (profit taking). Bouncing off today's low 0.0032 .
I still believe this one should see 0.01 + soon JMHO
NVSR 0.0065 / 0.0070
NVSR 0.0070 JUNE PICK >>>>
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38313188
All my posts are opinions,NOT a recommendation to buy or sell ,Please do your own DD
PVHO Interactive Becomes Microsoft
Tuesday, June 02 2009 8:45 AM, EST Provision Partner Market Wire "US Press Releases "
CHATSWORTH, CA -- (MARKET WIRE) -- 06/02/09 -- Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), announced today that it has partnered with Microsoft to explore and expand the potential of Provision's cutting-edge technologies.
By partnering with Microsoft , Provision takes advantage of tools and resources that enable them to extend their market reach to build revenue, sales momentum, and market differentiation. This will also expand Provision's business opportunities with an exclusive networking and resource sharing community with Microsoft's other partners.
"Through this program, Provision will be able to deliver innovative solutions that help us and our customers through access to a broad global network," said Provision CEO, Curt Thornton . "This relationship will help build market awareness by promoting the Company's offerings to more than 170,000 prospective customers."
Provision's 3D holographic product line is based upon a Microsoft Window's platform.
" Microsoft partners have a clear marketplace advantage," states Allison Watson , Microsoft Corporate Vice President. "Our partners leverage unique resources to help drive business innovation and form a trusted foundation for strategic decision making, increased agility, and long-term competitive advantage."
About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc. , a subsidiary of the publicly traded company Provision Holding, Inc. (OTCBB: PVHO), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications. For more information, please visit Provision at www.provision.tv.
Forward-Looking Statements
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to develop customers and market expertise; the ability to compete effectively in a rapidly evolving marketplace; the impact of technological change; our ability to protect our intellectual property in the United States and other countries; our ability to raise capital to implement our business plan; and other risks referenced from time to time in our filings with the Securities and Exchange Commission . Some of the statements that are "forward-looking statements" can be identified by the use of terminology such as "estimates," "projects," "plans," "believes," "expects," "anticipates," or "intends." We disclaim and do not undertake any obligation to update or revise any forward-looking statements.
CONTACT Media Relations: The Lexicomm Group Wendi Tush or Lindsey Gardner Tel: (212) 300-2142; (212) 300-2132 Email: Email Contact; Email Contact http://www.lexicommgroup.com
CTIC Nice gain ,Profit is nicer imho ;)
NVSR 0.0067 / 0.0077 " JUNE PICK " >>>
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38313188
All my posts are opinions,NOT a recommendation to buy or sell ,Please do your own DD
Estimated Market Cap
$318,328 as of May 29, 2009
Outstanding Shares
122,433,707 as of Apr 1, 2009
Authorized Shares
250,000,000 as of Apr 1, 2009
Number of Share Holders of Record
1,819 as of Apr 1, 2009
Float
48,909,000 as of Apr 1, 2009
Source:Pinksheets.com
Amazing move today,i think we are going to see more momentum in the days ahead JMHO.
NVSR 0.0070 /0.0077 up 170% on a record volume 22,918,777
Interesting days ahead imho
Today's News:
Monday, June 01 2009 8:31 AM, EST
NavStar Technologies, Inc. Signs LOI for Distribution Into Japan
Market Wire "US Press Releases "
ANAHEIM, CA -- (MARKET WIRE) -- 06/01/09 -- NavStar Technologies, Inc. (PINKSHEETS: NVSR) announced today it will be partnering with Haengbok Cha to provide asset tracking equipment to Japan . The partnership will include providing equipment, software and related services. The initial focus will be on the NavStar Fleet Management System and will allow owners of commercial and private vehicles to track and monitor the location of their equipment and high value cargo. Service can be as simple as shutting a vehicle down if stolen to providing customized detailed productivity reports. The agreement for hardware and services is expected to generate $2 million in revenue in the first 12 months.
"With the NavStar Fleet Management System, we get a proven product and reliable service. There is a huge opportunity in Japan as market research report 'GPS Market Update' published by RNCOS concludes that Japan has emerged as the leader in purchase of GPS systems with penetration of 44%, followed by the US and European Union . The bulk of these purchasers are eager to make their vehicles an intelligent-transportation system," said Haengbor Cha.
"We are pleased to announce the signing of this distribution LOI with Haengbok Cha and are looking forward to more in depth discussions on exclusivity, a possible joint venture and a direct investment in NavStar . Mr. Cha has extensive distribution capacities and contacts in Japan that would take us years to duplicate. We will focus our initial distribution efforts with Mr. Cha in Japan and have agreed to jointly review other opportunities in the Far East," said N. Douglas Pritt , Chairman & CEO, NavStar Technologies, Inc. "This agreement requires the purchase of a minimum of 10,000 units every 12 months."
About NavStar Technologies, Inc.
NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.
CONTACT: NavStar Technologies, Inc. Patrick Bannister 714-502-6900 Email Contact
News on April 27 2009:
NavStar Shareholder Update
Market Wire "US Press Releases "
ANAHEIM, CA -- (MARKET WIRE) -- 04/27/09 -- NavStar Technologies, Inc. (PINKSHEETS: NVSR), a GPS navigation company focused on vehicle, equipment, and people/pet tracking, is pleased to provide its shareholders a letter from N. Douglas Pritt, NavStar's Chairman & CEO.
Dear Shareholders,
As many of you are aware, we continue to make significant progress on the customer front and have signed several distribution partners to represent NavStar in various countries. The typical sales cycle for us is:
Sales lead Confirm Interest, validate opportunity and access scope LOI Distribution Agreement Field Trial Technology issues (wireless interface, software customization) Secure PO
This process takes time and the speed that we proceed through it is lengthened by the current economic climate. Customers are slower to initial purchase orders and investors are extremely cautious with their investment dollars. Every announcement we have made is a valid customer opportunity.
To give you a snap shot of customer status, I have prepared the following table:
Revenue Customer Country Potential Timeframe Status ----------- ----------- ----------- ----------- ----------- Fixed Group Ecuador $ 3.0M 12 months Secure PO GF&T Mexico $ 15.0M 36 months Distribution Agreement NavMex Mexico $ 1.0M 12 months Secure PO Diamante Mexico $ 2.0M 24 months Secure PO Intellisol Columbia/Peru $ 2.0M 24 months Secure PO
We continue to look for a software company to acquire and will either make an acquisition or complete our internal software/services development. The driving factors will be speed to market and lowest cost.
We are working on several additional customer opportunities that will be announced in the next 30 days.
We are as anxious as you are to report real revenue and to see the stock price reflect the true value of our company. I expect the revenue in 2009 to be between $2.0 and $5.0M .
NVSR 6 Months Chart:
NVSR 1 Year Chart
NVSR First Alert on IHUB
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38284069
Good luck to all
WT
NVSR 0.0070 /0.0077 up 170% on a record volume 22,918,777
Interesting days ahead imho
Today's News:
Monday, June 01 2009 8:31 AM, EST
NavStar Technologies, Inc. Signs LOI for Distribution Into Japan
Market Wire "US Press Releases "
ANAHEIM, CA -- (MARKET WIRE) -- 06/01/09 -- NavStar Technologies, Inc. (PINKSHEETS: NVSR) announced today it will be partnering with Haengbok Cha to provide asset tracking equipment to Japan . The partnership will include providing equipment, software and related services. The initial focus will be on the NavStar Fleet Management System and will allow owners of commercial and private vehicles to track and monitor the location of their equipment and high value cargo. Service can be as simple as shutting a vehicle down if stolen to providing customized detailed productivity reports. The agreement for hardware and services is expected to generate $2 million in revenue in the first 12 months.
"With the NavStar Fleet Management System, we get a proven product and reliable service. There is a huge opportunity in Japan as market research report 'GPS Market Update' published by RNCOS concludes that Japan has emerged as the leader in purchase of GPS systems with penetration of 44%, followed by the US and European Union . The bulk of these purchasers are eager to make their vehicles an intelligent-transportation system," said Haengbor Cha.
"We are pleased to announce the signing of this distribution LOI with Haengbok Cha and are looking forward to more in depth discussions on exclusivity, a possible joint venture and a direct investment in NavStar . Mr. Cha has extensive distribution capacities and contacts in Japan that would take us years to duplicate. We will focus our initial distribution efforts with Mr. Cha in Japan and have agreed to jointly review other opportunities in the Far East," said N. Douglas Pritt , Chairman & CEO, NavStar Technologies, Inc. "This agreement requires the purchase of a minimum of 10,000 units every 12 months."
About NavStar Technologies, Inc.
NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.
CONTACT: NavStar Technologies, Inc. Patrick Bannister 714-502-6900 Email Contact
News on April 27 2009:
NavStar Shareholder Update
Market Wire "US Press Releases "
ANAHEIM, CA -- (MARKET WIRE) -- 04/27/09 -- NavStar Technologies, Inc. (PINKSHEETS: NVSR), a GPS navigation company focused on vehicle, equipment, and people/pet tracking, is pleased to provide its shareholders a letter from N. Douglas Pritt, NavStar's Chairman & CEO.
Dear Shareholders,
As many of you are aware, we continue to make significant progress on the customer front and have signed several distribution partners to represent NavStar in various countries. The typical sales cycle for us is:
Sales lead Confirm Interest, validate opportunity and access scope LOI Distribution Agreement Field Trial Technology issues (wireless interface, software customization) Secure PO
This process takes time and the speed that we proceed through it is lengthened by the current economic climate. Customers are slower to initial purchase orders and investors are extremely cautious with their investment dollars. Every announcement we have made is a valid customer opportunity.
To give you a snap shot of customer status, I have prepared the following table:
Revenue Customer Country Potential Timeframe Status ----------- ----------- ----------- ----------- ----------- Fixed Group Ecuador $ 3.0M 12 months Secure PO GF&T Mexico $ 15.0M 36 months Distribution Agreement NavMex Mexico $ 1.0M 12 months Secure PO Diamante Mexico $ 2.0M 24 months Secure PO Intellisol Columbia/Peru $ 2.0M 24 months Secure PO
We continue to look for a software company to acquire and will either make an acquisition or complete our internal software/services development. The driving factors will be speed to market and lowest cost.
We are working on several additional customer opportunities that will be announced in the next 30 days.
We are as anxious as you are to report real revenue and to see the stock price reflect the true value of our company. I expect the revenue in 2009 to be between $2.0 and $5.0M .
NVSR 6 Months Chart:
NVSR 1 Year Chart
NVSR First Alert on IHUB
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38284069
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Thank you
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Good luck to all
WT
Great day NVSR,Tomorrow should be interesting as well .Good luck.
NVSR 0.0073 / 0.0075 tomorrow's gapper
NVSR 0.0070 /0.0075 UP 169 % Posted by: WiseTrader Date: Monday, June 01, 2009 9:40:09 AM
In reply to: None Post # of 1495198
IN NVSR 0.0029 / 0.0030 Huge News & Bottom Play :
Monday, June 01 2009 8:31 AM, EST NavStar Technologies, Inc. Signs LOI for Distribution Into Japan Market Wire "US Press Releases "
ANAHEIM, CA -- (MARKET WIRE) -- 06/01/09 -- NavStar Technologies, Inc. (PINKSHEETS: NVSR) announced today it will be partnering with Haengbok Cha to provide asset tracking equipment to Japan . The partnership will include providing equipment, software and related services. The initial focus will be on the NavStar Fleet Management System and will allow owners of commercial and private vehicles to track and monitor the location of their equipment and high value cargo. Service can be as simple as shutting a vehicle down if stolen to providing customized detailed productivity reports. The agreement for hardware and services is expected to generate $2 million in revenue in the first 12 months.
"With the NavStar Fleet Management System, we get a proven product and reliable service. There is a huge opportunity in Japan as market research report 'GPS Market Update' published by RNCOS concludes that Japan has emerged as the leader in purchase of GPS systems with penetration of 44%, followed by the US and European Union . The bulk of these purchasers are eager to make their vehicles an intelligent-transportation system," said Haengbor Cha.
"We are pleased to announce the signing of this distribution LOI with Haengbok Cha and are looking forward to more in depth discussions on exclusivity, a possible joint venture and a direct investment in NavStar . Mr. Cha has extensive distribution capacities and contacts in Japan that would take us years to duplicate. We will focus our initial distribution efforts with Mr. Cha in Japan and have agreed to jointly review other opportunities in the Far East," said N. Douglas Pritt , Chairman & CEO, NavStar Technologies, Inc. "This agreement requires the purchase of a minimum of 10,000 units every 12 months."
About NavStar Technologies, Inc.
NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.
CONTACT: NavStar Technologies, Inc. Patrick Bannister 714-502-6900 Email Contact
NVSR 0.0067 / 0.0070 1 mm left
Holding all my NVSR til tomorrow :) we should break 0.01 imho
NVSR CHART :
NVSR to see 0.01 soon ! JMHO NEWS:
Posted by: WiseTrader Date: Monday, June 01, 2009 9:40:09 AM
In reply to: None Post # of 1495122
IN NVSR 0.0029 / 0.0030 Huge News & Bottom Play :
Monday, June 01 2009 8:31 AM, EST NavStar Technologies, Inc. Signs LOI for Distribution Into Japan Market Wire "US Press Releases "
ANAHEIM, CA -- (MARKET WIRE) -- 06/01/09 -- NavStar Technologies, Inc. (PINKSHEETS: NVSR) announced today it will be partnering with Haengbok Cha to provide asset tracking equipment to Japan . The partnership will include providing equipment, software and related services. The initial focus will be on the NavStar Fleet Management System and will allow owners of commercial and private vehicles to track and monitor the location of their equipment and high value cargo. Service can be as simple as shutting a vehicle down if stolen to providing customized detailed productivity reports. The agreement for hardware and services is expected to generate $2 million in revenue in the first 12 months.
"With the NavStar Fleet Management System, we get a proven product and reliable service. There is a huge opportunity in Japan as market research report 'GPS Market Update' published by RNCOS concludes that Japan has emerged as the leader in purchase of GPS systems with penetration of 44%, followed by the US and European Union . The bulk of these purchasers are eager to make their vehicles an intelligent-transportation system," said Haengbor Cha.
"We are pleased to announce the signing of this distribution LOI with Haengbok Cha and are looking forward to more in depth discussions on exclusivity, a possible joint venture and a direct investment in NavStar . Mr. Cha has extensive distribution capacities and contacts in Japan that would take us years to duplicate. We will focus our initial distribution efforts with Mr. Cha in Japan and have agreed to jointly review other opportunities in the Far East," said N. Douglas Pritt , Chairman & CEO, NavStar Technologies, Inc. "This agreement requires the purchase of a minimum of 10,000 units every 12 months."
About NavStar Technologies, Inc.
NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.
CONTACT: NavStar Technologies, Inc. Patrick Bannister 714-502-6900 Email Contact
IF you like my CYHA ? NVSR ALERTS ,Click here lol:
Thank you
http://investorshub.advfn.com/boards/addPersonMrk.asp?user=121377