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What's the story on this one? Does anyone have current news to follow up with the one that shot it up to .003 back in May?
Interesting. The last time it set up like this, it then made a jump over .003 (in May).
Yes indeed. I'm watching - if I see this go somewhere above 2 today then I'm going to start buying again.
6.1 million today and up 100% - what gives on this one? Are PR's about to hit or what?
I'm ready to rock on this Peeps. This one seems to move so easily on just hundreds of dollars. I'd just love to see what it does with a few thousand.
No doubt - I hate that. Should I just shut up then or what? I don't want to be a bad omen or something.
This is news week
Nice - whenever the "sorry" guy speaks, the stock rises
Look at the volume patterns. This is very similar to what happened on Tuesday and Yesterday. I would bet we'll see a little pull back this morning; and then more steady inclining like on Tuesday and Thursday.
Does anybody know the current share structure? What's the O/S?
http://potentpennypicks.com/2010/05/on-the-radar-may-25th/
This is on PPP's radar this morning. That usually brings in some volume.
Up 60% Friday. Up 15% today. Not bad. If it keeps up every day, I'll be able to retire in about 2 months.
Could see a nice little boost this morning.
Shorts for the 18th, 19th, and 20th:
20100518|EMJI|2075424|3809500|O - Over 54% shorted.
20100519|EMJI|6106321|9633621|O - Over 63% shorted.
20100520|EMJI|550000|726000|O - Over 75% shorted.
At some point the MM's are going to have to cover the shares they've been shorting.
Does anyone have the short data for today?
POUR HOUR is coming. What do you think we'll see EOD?
.002 x.0022
EMJI - UP 66% and rising...
So, there could be several PR's coming in the next few weeks - right folks? This one's obviously reacts to the PR's - look what happened on the 18th.
I'm going with Callista Flockhart.
I love this:
"For the near future, we know two things: market makers are going to have to cover their shorts; but at the same time, EMJI will announce their new management team (1), that they will be filing again (2), their current share structure (3), their two acquisitions on the horizon (4), and their expansion plans for this quarter (5)."
http://potentpennypicks.com/2010/05/emji-the-perfect-time/
IRVINE, Calif. , May 18, 2010 (GLOBE NEWSWIRE) — Emaji, Inc. (Pink Sheets:EMJI) (“Emaji”) announced today that it is in the process of updating its filings with Pink Sheets as the Company moves forward with its expansion plans this quarter. Emaji has been eyeing two acquisitions to augment its Netoy.com® subsidiary as it implements plans to become current on Pink Sheets and complete its audit in order to become a fully reporting company during 2010. Emaji also plans to announce a new management team in the upcoming weeks. At present, Emaji plans on maintaining its current stock structure, which will be fully detailed in its Pink Sheets filings.
Let me get all of this news straight now:
Emaji is going to start filing again.
Emaji is moving forward with expansion plans THIS QUARTER.
Emaji has TWO acquisitions on the horizon.
Emaji will be doing an audit to become a fully reporting company again.
Emaji will announce a new management team in the UPCOMING WEEKS.
Emaji will likely keep the same stock structure, and will announce that in their filings as well.
Holy Crap - well if you put it that way; I'm in.
I see. Any idea on when these pr's might hit?
What's the story on this guys? PPP put this on his radar this morning: http://bit.ly/bfciAo
Did anybody else see this? They released their notification for a late filing and the reason was "Complete information was not available." The new anticipated filing date is May 19th. Anybody have any thoughts on what this could mean?
Here's a link: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=31971
MBHI was seized by FDIC on Friday. Here's the link: http://bit.ly/d2iElg
I guess PPP was right. Here was his link on thursday: http://potentpennypicks.com/2010/05/mbhi-rides-off-into-the-sunset-%E2%80%93-farewell-old-friend/
Financial Highlights for the First Quarter
Revenue was $7.7 million, up 6.4% from $7.2 million in the preceding quarter and up 9.1% from $7.0 million for the first quarter of 2009.
Core voice revenue increased 8% to $5.8 million, compared to $5.4 million last quarter.
Adjusted EBITDA improved to $517,000, compared to a loss of $318,000 a year ago.
Gross profit was $4.5 million, or 58.5% of revenue, compared to $3.9 million, or 55.5% of revenue a year ago.
Total operating expenses improved to $5.0 million, compared to $5.1 million a year ago.
Operating loss was reduced to $0.5 million for the first quarter as compared to a loss of $1.2 million a year ago.
Adjusted EBITDA is a non-GAAP financial measure. Management believes certain non-GAAP measures provide relevant and meaningful measures by which investors can evaluate the business. EBITDA is defined as earnings or loss before interest, income taxes, depreciation and amortization, and the company defines Adjusted EBITDA as EBITDA adjusted for non-cash items including stock-based and warrant compensation, charges related to changes in fair market value of warrant and beneficial conversion feature liabilities. A reconciliation can be found at the end of this release.
“During the quarter we continued to make significant progress, achieving improvement in all of our core key financial metrics including continued sequential revenue growth on reduced operating expenses,” said Doug Johnson, Telanetix’s CEO. “Our next generation Digital Phone Service (DPS) continues to be a growth driver, posting a strong sequential increase in its installed customer base during the quarter. We look to build on this strong core revenue momentum through the remainder of the year as it helps to offset the expected churn in our legacy revenue due to the departure of two significant legacy customers.”
Telanetix reported revenues of $7.7 million for the first quarter of 2010, up 6.4% from $7.2 million in the preceding quarter and up 9.1% from $7.0 million for the first quarter of 2009.
Net loss from continuing operations for the first quarter of 2010 was $5.5 million, or a loss of $0.17 per share, compared to a loss of $1.8 million, or a loss of $0.05 per share, in the first quarter last year. The net loss for the first quarter of 2010 included a $4.2 million charge for the change in fair market value of warrant and beneficial conversion feature liabilities and $0.8 million of interest expense. The net loss for the first quarter of 2009 included $0.9 million of income related to the change in fair market value of warrant and beneficial conversion feature liabilities and $1.4 million of interest expense.
Total cash and cash equivalents were $824,000 on March 31, 2010.
About Telanetix, Inc.
Telanetix is a leading communications solutions provider offering next generation voice services to the business market. Telanetix solutions meet the real-world communications demands of its customers with powerful, cost effective industry-leading communication solutions. The company's voice offerings, marketed under the "AccessLine" brand, give business customers a flexible, easy to use, cost effective alternative to today’s traditional phone service, offering flexible calling solutions, a simpler installation experience, and a greater range of support options than traditional telecom providers. Additional information may be found at the Telanetix corporate website, www.telanetix.com.
Safe Harbor Statement
Certain statements contained in this press release are “forward-looking statements” within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission could materially and adversely affect our business, operating results and financial condition. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof.
This looks positive to me guys - not sure where you're coming from there.
http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100513006630&newsLang=en
It should be fun to watch when they do release it. I would bet there'd be a nice little PPS boom within minutes.
I'm new to this one. This guy put CNEX on his radar yesterday:
http://potentpennypicks.com/?p=57
Either this is a pump full of fluff and there's nothing to it; or this is going to be one of the biggest running penny stocks I think I've ever seen. I really am not sure which yet - but this certainly has a strange story to it so far.