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Letter from the CEO- CEO J. Michael Head
February 20th, 2010
Letter to Our Shareholders
From CEO J. Michael Head
As 2010 kicks off, I would like to address our shareholders regarding the state of our business. I will begin by giving a status report for 2009 and then report on the prospects for 2010. I would like to conclude with my thoughts on our stock price and its recent volatility.
2009 was a difficult year for virtually all business segments and this recession is as harsh as any I have witnessed during my 34 years in the business. The transportation industry is always the first to suffer during tough economic times; but it is always the first to bounce back. Our segment of the transportation market focuses on outsourcing, cost reduction, and value added services and can continue to grow, albeit from a lower base. Most industry players experienced a top line decrease of around 40%. The last time our industry experienced a similar downturn (none have been of this magnitude), numerous companies consolidated into industry-wide roll-ups through mergers and acquisitions. We have already seen an increase in activity in this arena. Building strong alliances and partners is critical for successfully positioning our company for the future. MFW has been fortunate to have some of the industry’s best among its customers. Public companies like Landstar, Matson, Ozburn Hessey, and UTI Worldwide use our service to compliment their own very robust platforms while over 100 smaller players look to us for some or all of their technology and support service needs. While I believe that no one knows where we stand on the road to recovery from this recession, we see our customers gearing up to offer more services on a more aggressive basis. This bodes well for our model. When the market does recover, built-in growth will be significant for those that are there to prosper.
2010 began with MFW taking control of Anything Brands Online. ABOL is in the final phases of spinning off the AGO (Anything Green Online) as well as its online division. The AGO announcement of Mike Broll to lead the company is absolutely proof positive of AGO’s commitment to success. Mr. Broll is one of the greatest leaders in the food industry. Announcements regarding the dividend/distribution will be forthcoming from the ABOL Board of Directors in the very near term. This will leave MFW as the sole entity of ANYT and allow us to focus on our core business. ABOL and MFW believe this is the best way to create shareholder value in the near term and provide the platforms for tremendous long term value potential.
2010 began with the acquisition of a major new customer. Our alliance with Freight Management Inc. will not only fuel the growth of our managed revenue but will also involve us in their exciting plans for the year. We expect you will be hearing much from us about this alliance during the year. We are devoting a great deal of time and effort to expanding our systems and programs in order to benefit each of our customers. One unique aspect of our business model is that our customers can do what they do best and we can do the rest.
We will continue our periodic investor conference calls and will be announcing a date for the next one in the near future. Be sure and post any questions you might have so they can be addressed at the meeting for the benefit of all to hear.
Finally, I think it is important that I speak to the volatility of our stock price. I must first confess that I am not the most qualified person to offer advice on the “Pink” market. I have been involved in starting two different public companies that did IPO’s and were listed on NASDAQ. I have spent the last several weeks talking to consultants and experts that seem to understand this market. I feel comfortable that as long as we continue down the path that we are on, establishing credibility in the marketplace and taking care of the business, that the stock price will stabilize at the proper level. Here are some “lessons” that the experts have handed down to me:
Lesson #1: The Pink-Sheets are the “Wild West” of stock markets. Short sellers love to put pressure on thinly traded stock. Not only can you overcome them, but they can be a positive factor when the momentum turns.
Lesson #2: The Pink entry market is full of short-term traders who come and go in your stock based on their own trading parameters. They should be considered an important part of our shareholder base and will help us appreciate the stock. Only companies with a very short-term mentality worry about those who get in and out for quick profits.
Lesson #3: There is, and will always be 3rd party promoters in the “Pinks”. Some promoters are honest and others aren’t. They are capable of adding to a company’s shareholder base but more often than not, the results have very little lasting value.
Lesson #4: The “Pinks” don’t always react like the NASDAQ when it comes to releasing honest news and following it up with real communication. There is way too much skepticism in the pink-sheet market to expect news, no matter how significant, to always appreciate your stock, but if you continue to do what you say you are going to do and report frequently, but not superficially, your stock will react accordingly.
Final and Most Important Lesson of All: To help the company and its shareholders, make the common sense moves that build and sustain credibility.
Therefore, I believe it is time to take those next steps to continue building on the credibility we at MFW have worked so hard to achieve. Programs such as the following are either in place or will be announced upon completion:
1. We are completing and ensuring that all spin-offs of Anything Brands business units are separated from MFW prior to end of 1st Quarter, 2010.
2. We will soon name the Auditing Firm we intend to engage to provide audited financial statements to become Fully-Reporting and Audited
3. We have applied for a name and symbol change that will more closely reflect our business.
4. We are working with consultants to ensure we provide our shareholders with the most cost effective, credible reporting status and meet all the requirements to move our company to the OTCBB.
5. We will continue to post news that is accurate, verifiable, and true.
6. I will continue to answer all Investor Questions in an honest and timely fashion
In closing, MFW will continue building shareholder base and value through hard work and integrity. I personally share each of our shareholders concerns for day to day price swings and un-explained volatility. I have and will strive to do all I can to continue building the credibility that is somewhat difficult, but not impossible, to achieve in a less regulated environment. Our strategies to spin–out our separate business units, become a fully reporting company, and move from the pinks should help us solidify the credibility and sustainability we are seeking. The steps we are taking are in fact, a series of great common sense moves that any company in this market must do to prove they are what they say they are. The most encouraging thing for me throughout this process has been that nearly every potential shareholder that has visited me at MFW has become a shareholder. I take their trust in me and in our vision very personally and will always work for the benefit of our shareholders. One of the best things I can do, much like a coach in sports, is to make sure our team keeps winning games and getting better; communicate our successes, and occasionally, our failures. Our strategy was put in place less than 60 days ago and has not yet had the time to mature. It is a work in progress that I am proud to be a part of. I am absolutely committed to the success of this company and its shareholders.
I urge you all to stay tuned and stay connected
Letter from the CEO- CEO J. Michael Head
February 20th, 2010
Letter to Our Shareholders
From CEO J. Michael Head
As 2010 kicks off, I would like to address our shareholders regarding the state of our business. I will begin by giving a status report for 2009 and then report on the prospects for 2010. I would like to conclude with my thoughts on our stock price and its recent volatility.
2009 was a difficult year for virtually all business segments and this recession is as harsh as any I have witnessed during my 34 years in the business. The transportation industry is always the first to suffer during tough economic times; but it is always the first to bounce back. Our segment of the transportation market focuses on outsourcing, cost reduction, and value added services and can continue to grow, albeit from a lower base. Most industry players experienced a top line decrease of around 40%. The last time our industry experienced a similar downturn (none have been of this magnitude), numerous companies consolidated into industry-wide roll-ups through mergers and acquisitions. We have already seen an increase in activity in this arena. Building strong alliances and partners is critical for successfully positioning our company for the future. MFW has been fortunate to have some of the industry’s best among its customers. Public companies like Landstar, Matson, Ozburn Hessey, and UTI Worldwide use our service to compliment their own very robust platforms while over 100 smaller players look to us for some or all of their technology and support service needs. While I believe that no one knows where we stand on the road to recovery from this recession, we see our customers gearing up to offer more services on a more aggressive basis. This bodes well for our model. When the market does recover, built-in growth will be significant for those that are there to prosper.
2010 began with MFW taking control of Anything Brands Online. ABOL is in the final phases of spinning off the AGO (Anything Green Online) as well as its online division. The AGO announcement of Mike Broll to lead the company is absolutely proof positive of AGO’s commitment to success. Mr. Broll is one of the greatest leaders in the food industry. Announcements regarding the dividend/distribution will be forthcoming from the ABOL Board of Directors in the very near term. This will leave MFW as the sole entity of ANYT and allow us to focus on our core business. ABOL and MFW believe this is the best way to create shareholder value in the near term and provide the platforms for tremendous long term value potential.
2010 began with the acquisition of a major new customer. Our alliance with Freight Management Inc. will not only fuel the growth of our managed revenue but will also involve us in their exciting plans for the year. We expect you will be hearing much from us about this alliance during the year. We are devoting a great deal of time and effort to expanding our systems and programs in order to benefit each of our customers. One unique aspect of our business model is that our customers can do what they do best and we can do the rest.
We will continue our periodic investor conference calls and will be announcing a date for the next one in the near future. Be sure and post any questions you might have so they can be addressed at the meeting for the benefit of all to hear.
Finally, I think it is important that I speak to the volatility of our stock price. I must first confess that I am not the most qualified person to offer advice on the “Pink” market. I have been involved in starting two different public companies that did IPO’s and were listed on NASDAQ. I have spent the last several weeks talking to consultants and experts that seem to understand this market. I feel comfortable that as long as we continue down the path that we are on, establishing credibility in the marketplace and taking care of the business, that the stock price will stabilize at the proper level. Here are some “lessons” that the experts have handed down to me:
Lesson #1: The Pink-Sheets are the “Wild West” of stock markets. Short sellers love to put pressure on thinly traded stock. Not only can you overcome them, but they can be a positive factor when the momentum turns.
Lesson #2: The Pink entry market is full of short-term traders who come and go in your stock based on their own trading parameters. They should be considered an important part of our shareholder base and will help us appreciate the stock. Only companies with a very short-term mentality worry about those who get in and out for quick profits.
Lesson #3: There is, and will always be 3rd party promoters in the “Pinks”. Some promoters are honest and others aren’t. They are capable of adding to a company’s shareholder base but more often than not, the results have very little lasting value.
Lesson #4: The “Pinks” don’t always react like the NASDAQ when it comes to releasing honest news and following it up with real communication. There is way too much skepticism in the pink-sheet market to expect news, no matter how significant, to always appreciate your stock, but if you continue to do what you say you are going to do and report frequently, but not superficially, your stock will react accordingly.
Final and Most Important Lesson of All: To help the company and its shareholders, make the common sense moves that build and sustain credibility.
Therefore, I believe it is time to take those next steps to continue building on the credibility we at MFW have worked so hard to achieve. Programs such as the following are either in place or will be announced upon completion:
1. We are completing and ensuring that all spin-offs of Anything Brands business units are separated from MFW prior to end of 1st Quarter, 2010.
2. We will soon name the Auditing Firm we intend to engage to provide audited financial statements to become Fully-Reporting and Audited
3. We have applied for a name and symbol change that will more closely reflect our business.
4. We are working with consultants to ensure we provide our shareholders with the most cost effective, credible reporting status and meet all the requirements to move our company to the OTCBB.
5. We will continue to post news that is accurate, verifiable, and true.
6. I will continue to answer all Investor Questions in an honest and timely fashion
In closing, MFW will continue building shareholder base and value through hard work and integrity. I personally share each of our shareholders concerns for day to day price swings and un-explained volatility. I have and will strive to do all I can to continue building the credibility that is somewhat difficult, but not impossible, to achieve in a less regulated environment. Our strategies to spin–out our separate business units, become a fully reporting company, and move from the pinks should help us solidify the credibility and sustainability we are seeking. The steps we are taking are in fact, a series of great common sense moves that any company in this market must do to prove they are what they say they are. The most encouraging thing for me throughout this process has been that nearly every potential shareholder that has visited me at MFW has become a shareholder. I take their trust in me and in our vision very personally and will always work for the benefit of our shareholders. One of the best things I can do, much like a coach in sports, is to make sure our team keeps winning games and getting better; communicate our successes, and occasionally, our failures. Our strategy was put in place less than 60 days ago and has not yet had the time to mature. It is a work in progress that I am proud to be a part of. I am absolutely committed to the success of this company and its shareholders.
I urge you all to stay tuned and stay connected
MyFreightWorld Management
J. Michael Head - CEO
Mr. Head graduated cum laude from the University of Kansas in 1975 with a BA/BS in Political Science/Accounting. After graduation, he joined the Kansas City Office of Arthur Andersen & Co. Mr. Head earned his CPA designation in 1978 and was promoted to Manager in the Tax Department.
In 1981, Mr. Head left public accounting to join one of his clients as a partner and Managing Director of an investment partnership (RCE Family Partnership). Among other investments, the partnership formed a startup company that became nationwide trucking company, MNX, Inc. After serving as the Chief Financial Officer of MNX, Inc., he was named President of MNX, Inc. in 1984. Mr. Head completed an IPO for the company in 1985, a secondary offering in 1987, and engineered the start up of Mark VII, Inc., a subsidiary of MNX, Inc. in 1989. In 1990, he was named President of MNX Holding Company and engineered the growth of Mark VII from start up to $250 million in 1992.
In 1992, Mr. Head negotiated the sale of MNX, Inc.’s trucking operation to Swift Motor Carriers, one of the largest truckload operations in North America. MNX Holding Company’s name was changed to Mark VII, Inc. and a public offering for stock in the “new” entity was completed in 1994 with the proceeds being used to buy out Head’s original partner in the trucking company. Mark VII became one of the nation’s largest logistics management companies with revenues in excess of $750 million. After the sale, he served as Chief Financial Officer and President of the Risk Management Division of Mark VII from 1992 to1997.
Mr. Head decided to leave Mark VII after its purchase by international logistics management company, Exel in 1997. Mr. Head formed Innovative Transportation Solutions, LLC in 1997 and was involved in several start up’s and turnaround projects for his own account as well as a consultant. He worked with several transportation consulting firms including Crossroads Consulting, STS Consulting, and Canyon Management. In 1999, he was raising funds for a start up internet transportation concern when he was introduced to myFreightWorld.com. From 1999 to 2002 he consulted with management of mFW on business development plans. In April of 2002, he joined the company as the VP of Business Development. Mr. Head was named President of the company in December of 2002.
Mark Hebden – EVP / COO
Mr. Hebden is responsible for all operating aspects of myFreightWorld. He oversees a technology-driven operation that encompasses multiple transportation sectors and is growing rapidly, with employees and independent agents spread across multiple locations. He joined myFreightWorld in 2006 in his current capacity, bringing to the company his 21 years of international experience and accomplishments in transportation sales, marketing, and operations.
For the five years just prior to joining myFreightWorld, Mr. Hebden was Vice President of National Accounts with a large national LTL carrier. Previously, he held positions of increasing responsibility in sales with other LTL carriers, and in regional management with non-asset-based logistics companies.
A native of Wales, Mr. Hebden started his professional career as a Graduate Management Trainee with TNT Logistics in the UK. TNT is one of the world’s largest international logistics management firms. He was promoted through the ranks of management to Regional Operations Manager for the Southern England, London region. He moved to the United States in 1991.
Married and father to three children, he devotes most of his rare free time to dance recitals and soccer games.
Shawn P. Mulkey – Senior Director of Information Technology
Mr. Mulkey joined mFW in 2007 as the Director of Information Technology. He has over 14 years experience in the Information Technology industry and has worked for several fortune 500 companies. His most recent position, previous to joining myFreightWorld, was as a Platform Systems Architect with Reuters America, in the design and development of that company’s real time trading and analytics applications.
Previous to his position at Reuters, Mr. Mulkey worked for several other organizations including a large telecommunications company (Sprint, Inc.) in their long distance switching network division. Mr. Mulkey holds a Master of Science with Honors computer science degree from the University of Kansas and has had published research regarding the performance of web services in real time environments (IEEE Communications, March 2008).
Wayne Auer – Special Director
As President and CEO of Computer Technology Corporation dba CACTUS Software, Mr. Auer has directed the company’s development and services efforts to become a leading source of Provider Management Software solutions in the healthcare market.
His technical background and business process knowledge has led the company’s growth while expanding the businesses bandwidth in enterprise software solutions.
Mr. Auer’s idea of a non-asset based online freight community was designed and created by the talented software development team of CACTUS Software. Utilizing a proven software platform Mr. Auer directed the creation and deployment of the startup efforts of myFreightWorld. Mr. Auer continues to direct the technical activities of mFW in addition to expanding the company’s ability to deliver productivity tools to its broker base.
Executive Vice President of Aegis Consumer Finance
After selling his company to then client Aegis Consumer Finance, he was the creative arm in developing an automated nationwide subprime auto loan program that serviced 37 states. The system that Mr. Auer developed “PRIM” enabled the pooling and securitizations methods of the loan originations program, providing assets manager and rating agencies complete access to asset level information. Scaling the system to securitize over 40 Million per month in loan originations Mr. Auer developed methods to include others asset types such as home improvement loans, 12b1 fees, and a conduit to home Loans from Argentina.
Founder and President of Knowledge Banc Inc
As a nationally recognized developer of custom software solutions and office automation firm, Mr. Auer’s firm created an extensive array of applications for clients such as United Way, United Telecom, Sprint and SBC. As an early adopter of network technology, Knowledge Banc was one of the first companies in the country to direct clients to the advantages shared office solutions known as “Networking”. As a visionary of automation opportunities, Mr. Auer’s firm became nationally recognized as a premier solutions provider and ultimately was acquired by then client Aegis Consumer Finance after creating an asset pooling tool “PRIM”
MyFreightWorld Management
J. Michael Head - CEO
Mr. Head graduated cum laude from the University of Kansas in 1975 with a BA/BS in Political Science/Accounting. After graduation, he joined the Kansas City Office of Arthur Andersen & Co. Mr. Head earned his CPA designation in 1978 and was promoted to Manager in the Tax Department.
In 1981, Mr. Head left public accounting to join one of his clients as a partner and Managing Director of an investment partnership (RCE Family Partnership). Among other investments, the partnership formed a startup company that became nationwide trucking company, MNX, Inc. After serving as the Chief Financial Officer of MNX, Inc., he was named President of MNX, Inc. in 1984. Mr. Head completed an IPO for the company in 1985, a secondary offering in 1987, and engineered the start up of Mark VII, Inc., a subsidiary of MNX, Inc. in 1989. In 1990, he was named President of MNX Holding Company and engineered the growth of Mark VII from start up to $250 million in 1992.
In 1992, Mr. Head negotiated the sale of MNX, Inc.’s trucking operation to Swift Motor Carriers, one of the largest truckload operations in North America. MNX Holding Company’s name was changed to Mark VII, Inc. and a public offering for stock in the “new” entity was completed in 1994 with the proceeds being used to buy out Head’s original partner in the trucking company. Mark VII became one of the nation’s largest logistics management companies with revenues in excess of $750 million. After the sale, he served as Chief Financial Officer and President of the Risk Management Division of Mark VII from 1992 to1997.
Mr. Head decided to leave Mark VII after its purchase by international logistics management company, Exel in 1997. Mr. Head formed Innovative Transportation Solutions, LLC in 1997 and was involved in several start up’s and turnaround projects for his own account as well as a consultant. He worked with several transportation consulting firms including Crossroads Consulting, STS Consulting, and Canyon Management. In 1999, he was raising funds for a start up internet transportation concern when he was introduced to myFreightWorld.com. From 1999 to 2002 he consulted with management of mFW on business development plans. In April of 2002, he joined the company as the VP of Business Development. Mr. Head was named President of the company in December of 2002.
Mark Hebden – EVP / COO
Mr. Hebden is responsible for all operating aspects of myFreightWorld. He oversees a technology-driven operation that encompasses multiple transportation sectors and is growing rapidly, with employees and independent agents spread across multiple locations. He joined myFreightWorld in 2006 in his current capacity, bringing to the company his 21 years of international experience and accomplishments in transportation sales, marketing, and operations.
For the five years just prior to joining myFreightWorld, Mr. Hebden was Vice President of National Accounts with a large national LTL carrier. Previously, he held positions of increasing responsibility in sales with other LTL carriers, and in regional management with non-asset-based logistics companies.
A native of Wales, Mr. Hebden started his professional career as a Graduate Management Trainee with TNT Logistics in the UK. TNT is one of the world’s largest international logistics management firms. He was promoted through the ranks of management to Regional Operations Manager for the Southern England, London region. He moved to the United States in 1991.
Married and father to three children, he devotes most of his rare free time to dance recitals and soccer games.
Shawn P. Mulkey – Senior Director of Information Technology
Mr. Mulkey joined mFW in 2007 as the Director of Information Technology. He has over 14 years experience in the Information Technology industry and has worked for several fortune 500 companies. His most recent position, previous to joining myFreightWorld, was as a Platform Systems Architect with Reuters America, in the design and development of that company’s real time trading and analytics applications.
Previous to his position at Reuters, Mr. Mulkey worked for several other organizations including a large telecommunications company (Sprint, Inc.) in their long distance switching network division. Mr. Mulkey holds a Master of Science with Honors computer science degree from the University of Kansas and has had published research regarding the performance of web services in real time environments (IEEE Communications, March 2008).
Wayne Auer – Special Director
As President and CEO of Computer Technology Corporation dba CACTUS Software, Mr. Auer has directed the company’s development and services efforts to become a leading source of Provider Management Software solutions in the healthcare market.
His technical background and business process knowledge has led the company’s growth while expanding the businesses bandwidth in enterprise software solutions.
Mr. Auer’s idea of a non-asset based online freight community was designed and created by the talented software development team of CACTUS Software. Utilizing a proven software platform Mr. Auer directed the creation and deployment of the startup efforts of myFreightWorld. Mr. Auer continues to direct the technical activities of mFW in addition to expanding the company’s ability to deliver productivity tools to its broker base.
Executive Vice President of Aegis Consumer Finance
After selling his company to then client Aegis Consumer Finance, he was the creative arm in developing an automated nationwide subprime auto loan program that serviced 37 states. The system that Mr. Auer developed “PRIM” enabled the pooling and securitizations methods of the loan originations program, providing assets manager and rating agencies complete access to asset level information. Scaling the system to securitize over 40 Million per month in loan originations Mr. Auer developed methods to include others asset types such as home improvement loans, 12b1 fees, and a conduit to home Loans from Argentina.
Founder and President of Knowledge Banc Inc
As a nationally recognized developer of custom software solutions and office automation firm, Mr. Auer’s firm created an extensive array of applications for clients such as United Way, United Telecom, Sprint and SBC. As an early adopter of network technology, Knowledge Banc was one of the first companies in the country to direct clients to the advantages shared office solutions known as “Networking”. As a visionary of automation opportunities, Mr. Auer’s firm became nationally recognized as a premier solutions provider and ultimately was acquired by then client Aegis Consumer Finance after creating an asset pooling tool “PRIM”
MFW Products and Services
MyFreightWorld currently has competitive pricing with over 25 LTL carriers serving markets throughout North America. We also have thousands of Truckload carriers under contract. We therefore command significant buying power, which has allowed us to leverage our position to provide our clients extremely competitive generic LTL and TL rates. Don’t see what you’re looking for? Check out our many different modes of transit.
* LTL (US, Canada, Mexico, Alaska, Hawaii, Puerto Rico)
* Truckoad (US, Canada, Mexico)
* Guaranteed LTL
* Expedited LTL
* Intermodal
* Air freight (domestic and international)
* Container freight (inbound and outbound US and Canada)
* Parcel analysis and freight savings opportunities
* Refrigerated LTL and TL
Our TMS becomes your TMS, allowing you to provide these services in their simplest form using a desk-top tool. Use it as a fully-functional stand-alone application or in collaboration and integration with your own sophisticated internal system. So what will our TMS perform for you?
* Rate quotes
* Shipment tracking and tracing
* Pick-up and tender requests
* Administrative tools to manage your clients, shipping/receiving locations, and much more
* Financial management tools including invoicing, management reports, credit card payment, etc.
To support our Transportation Management System (TMS) and our client during the life of each shipment, MyFreightWorld's Client Management department provides in-depth support to the client, including daily management of the client's freight. As part of that support, the department performs the following functions for clients:
* Daily quality checks to ensure freight is picked up
* Serve as primary point of contact for the client
* Monitor shipment movements
* Communicate any issues to the client
* Provide daily shipment reports upon request
* Provide NMFC information upon client's request
Reach us today at 877-549-9438
MFW Products and Services
MyFreightWorld currently has competitive pricing with over 25 LTL carriers serving markets throughout North America. We also have thousands of Truckload carriers under contract. We therefore command significant buying power, which has allowed us to leverage our position to provide our clients extremely competitive generic LTL and TL rates. Don’t see what you’re looking for? Check out our many different modes of transit.
* LTL (US, Canada, Mexico, Alaska, Hawaii, Puerto Rico)
* Truckoad (US, Canada, Mexico)
* Guaranteed LTL
* Expedited LTL
* Intermodal
* Air freight (domestic and international)
* Container freight (inbound and outbound US and Canada)
* Parcel analysis and freight savings opportunities
* Refrigerated LTL and TL
Our TMS becomes your TMS, allowing you to provide these services in their simplest form using a desk-top tool. Use it as a fully-functional stand-alone application or in collaboration and integration with your own sophisticated internal system. So what will our TMS perform for you?
* Rate quotes
* Shipment tracking and tracing
* Pick-up and tender requests
* Administrative tools to manage your clients, shipping/receiving locations, and much more
* Financial management tools including invoicing, management reports, credit card payment, etc.
To support our Transportation Management System (TMS) and our client during the life of each shipment, MyFreightWorld's Client Management department provides in-depth support to the client, including daily management of the client's freight. As part of that support, the department performs the following functions for clients:
* Daily quality checks to ensure freight is picked up
* Serve as primary point of contact for the client
* Monitor shipment movements
* Communicate any issues to the client
* Provide daily shipment reports upon request
* Provide NMFC information upon client's request
Reach us today at 877-549-9438
And that certainly makes since, that is for sure.
Volume and price seem to have been locked here for over two hours now.
I would say that getting all giddy might be alright, because in my hopeful opinion we will be getting news soon enough.
MyFreightWorld Facts and questions
http://www.myfreightworld.com/faqs
Is MyFreightWorld a capacity based carrier?
No, MyFreightWorld is a business services outsourcing company that sells technology, services, and wholesale truck, rail, and airfreight capacity to 3PLs.
Does MyFreightWorld offer core management functionality?
Yes, MyFreightWorld offers all essential freight management functionality. It has a robust ability to manage all necessary logistics functions. Instantly get quotes, create online BOL’s, enter pick-ups, track shipments and more.
How many customers does MyFreightWorld have?
There are currently more than 20,000 users of the MyFreightWorld system around the country and throughout the globe accessing our system through private labeling.
What is 3PL in a Box?
3PL in a Box is a new, web-based freight transportation management portal for 3PLs, brokers, and other service providers.
Can 3PL in a Box by customized to meet my needs?
Yes, 3PL in a Box offers a wide range of administrative options and services you want.
Can I load my tariffs and carriers in 3PL in a Box?
Yes, work with your tariffs or ours. You can also select to see only your carriers, ours or both.
Can 3PL in a Box be branded with my company’s logo?
Yes, you can brand 3PL in a Box to match your company’s look and feel.
Is 3PL in a Box affordable?
Yes, 3PL in a Box will improve your company’s performance while reducing your costs of doing business. Pay only for the services you really need.
MyFreightWorld Facts and questions
http://www.myfreightworld.com/faqs
Is MyFreightWorld a capacity based carrier?
No, MyFreightWorld is a business services outsourcing company that sells technology, services, and wholesale truck, rail, and airfreight capacity to 3PLs.
Does MyFreightWorld offer core management functionality?
Yes, MyFreightWorld offers all essential freight management functionality. It has a robust ability to manage all necessary logistics functions. Instantly get quotes, create online BOL’s, enter pick-ups, track shipments and more.
How many customers does MyFreightWorld have?
There are currently more than 20,000 users of the MyFreightWorld system around the country and throughout the globe accessing our system through private labeling.
What is 3PL in a Box?
3PL in a Box is a new, web-based freight transportation management portal for 3PLs, brokers, and other service providers.
Can 3PL in a Box by customized to meet my needs?
Yes, 3PL in a Box offers a wide range of administrative options and services you want.
Can I load my tariffs and carriers in 3PL in a Box?
Yes, work with your tariffs or ours. You can also select to see only your carriers, ours or both.
Can 3PL in a Box be branded with my company’s logo?
Yes, you can brand 3PL in a Box to match your company’s look and feel.
Is 3PL in a Box affordable?
Yes, 3PL in a Box will improve your company’s performance while reducing your costs of doing business. Pay only for the services you really need.
Sorry I am just helping our good friend ITC forward some information to new potential investors.
myFreightWorld Announces FINRA Filing for Symbol Change
OVERLAND PARK, KS -- (Marketwire)
03/24/10
[b[color=green]]myFreightWorld.com www.myfreightworld.com (PINKSHEETS: ANYT) announced today it has officially changed its name to myFreightWorld Technologies
and has filed an application with FINRA for a new trading symbol, MFWT.[/color] The company expects approval for the new symbol within ten days. Mike Head, CEO of myFreightWorld Technologies, commented, "FINRA agrees to process the request within 10 days, unless they ask for more information -- which we will give to them. This simple task is a high priority in the organization. Confidence in the management team comes from simple and deliberate gathering of the facts and efficient execution."
Mike Head, CEO of myFreightWorld Technologies, commented: "Our shareholders and the market have been waiting for this change to consecrate the establishment of MFWT as an entity separated from the Anything Brands Online group. This action completes another significant step as recommended by our Audit Team for our objective of becoming a fully reporting company. We believe the name change more closely reflects what our company is all about. We sell technology and services to the entire $600 billion plus freight industry."
Mr. Head added: "We are seeing some very positive signs of economic recovery from our customer base. MFWT has just experienced the strongest volume week we have seen in over sixteen months. FEDX, one of our largest carrier partners, just announced a major jump in shipping volume and a significant rise in profits. Due to the size of our market being so enormous, our ability to grow in a period of recession obscures my view of the market in general, but I am encouraged by the actual increase in volume that we are experiencing. We have seen a 25% revenue increase in March from the same period in February. I think the entire market understands what the impact of a recovering economy would have to our business model -- very posit
myFreightWorld Announces FINRA Filing for Symbol Change
OVERLAND PARK, KS -- (Marketwire)
03/24/10
[b[color=green]]myFreightWorld.com www.myfreightworld.com (PINKSHEETS: ANYT) announced today it has officially changed its name to myFreightWorld Technologies
and has filed an application with FINRA for a new trading symbol, MFWT.[/color] The company expects approval for the new symbol within ten days. Mike Head, CEO of myFreightWorld Technologies, commented, "FINRA agrees to process the request within 10 days, unless they ask for more information -- which we will give to them. This simple task is a high priority in the organization. Confidence in the management team comes from simple and deliberate gathering of the facts and efficient execution."
Mike Head, CEO of myFreightWorld Technologies, commented: "Our shareholders and the market have been waiting for this change to consecrate the establishment of MFWT as an entity separated from the Anything Brands Online group. This action completes another significant step as recommended by our Audit Team for our objective of becoming a fully reporting company. We believe the name change more closely reflects what our company is all about. We sell technology and services to the entire $600 billion plus freight industry."
Mr. Head added: "We are seeing some very positive signs of economic recovery from our customer base. MFWT has just experienced the strongest volume week we have seen in over sixteen months. FEDX, one of our largest carrier partners, just announced a major jump in shipping volume and a significant rise in profits. Due to the size of our market being so enormous, our ability to grow in a period of recession obscures my view of the market in general, but I am encouraged by the actual increase in volume that we are experiencing. We have seen a 25% revenue increase in March from the same period in February. I think the entire market understands what the impact of a recovering economy would have to our business model -- very posit
Do you feel that there will be an upcoming Pr stating the issue?
myFreightWorld Technologies Announces Board of Directors and Dividend Status
OVERLAND PARK, KS -- (Marketwire)
04/28/10
myFreightWorld Technologies (PINKSHEETS: ANYT) www.myfreightworld.com released the names of its new Board of Directors today:
Chairman of the Board: Wayne Auer / Founder and CEO of Cactus Software and Co-Founder of myFreightWorld Technologies. Mr. Auer will oversee all facets of the company including all technology-related aspects of the company.
Director: J. Michael Head / Founder and CEO of myFreightWorld Technologies. Mr. Head will continue leading all aspects of the company with a special focus on Mergers & Acquisitions and Investor/Stockholder relations.
Director: Patrick J. O'Malley / Founder and President of Shamrock Holdings. Mr. O'Malley will provide insight and oversight for the Executive Staff of MFWT.
Director: Timothy C. Norton / President of Anything Brands Online. Mr. Norton will oversee all existing Anything Brands Programs & Dividends for ABOL/AGO.
CEO Mike Head commented: "Our initial BOD has been part of MFWT since the beginning, except for Tim Norton who has familiarity with historical transactions of ABOL. We will add three outside director positions over the coming months and years, as appropriate, as we grow. I intend to solicit directors that will have experience at the executive level of a public logistics company. We have four of the largest public logistics companies in the country as customers today. I have begun talking to candidates already."
Mr. Head issued the following statement regarding dividends/distributions for ABOL/AGO:
"I would like to assure our shareholders that the distribution of the ABOL retail division and the AGO division will take place and we will release full details of our plans prior to May 1st. One thing that came to my attention was that the original press releases announcing the dividends involved different shareholder of record dates from the extended May 1st date. We intend to pay the dividend based on the shareholders' holdings as of both dates. The dividend will be paid on the higher number of shares held on the two dates. Timing of the distributions will be dependent on a number of alternatives that we are exploring at the present time as well as regulatory requirements. Full disclosure of the plans and requirements will be made as quickly as possible. My only criteria in evaluating options are to complete the separation quickly while protecting and maximizing shareholder value."
myFreightWorld Technologies Announces Board of Directors and Dividend Status
OVERLAND PARK, KS -- (Marketwire)
04/28/10
myFreightWorld Technologies (PINKSHEETS: ANYT) www.myfreightworld.com released the names of its new Board of Directors today:
Chairman of the Board: Wayne Auer / Founder and CEO of Cactus Software and Co-Founder of myFreightWorld Technologies. Mr. Auer will oversee all facets of the company including all technology-related aspects of the company.
Director: J. Michael Head / Founder and CEO of myFreightWorld Technologies. Mr. Head will continue leading all aspects of the company with a special focus on Mergers & Acquisitions and Investor/Stockholder relations.
Director: Patrick J. O'Malley / Founder and President of Shamrock Holdings. Mr. O'Malley will provide insight and oversight for the Executive Staff of MFWT.
Director: Timothy C. Norton / President of Anything Brands Online. Mr. Norton will oversee all existing Anything Brands Programs & Dividends for ABOL/AGO.
CEO Mike Head commented: "Our initial BOD has been part of MFWT since the beginning, except for Tim Norton who has familiarity with historical transactions of ABOL. We will add three outside director positions over the coming months and years, as appropriate, as we grow. I intend to solicit directors that will have experience at the executive level of a public logistics company. We have four of the largest public logistics companies in the country as customers today. I have begun talking to candidates already."
Mr. Head issued the following statement regarding dividends/distributions for ABOL/AGO:
"I would like to assure our shareholders that the distribution of the ABOL retail division and the AGO division will take place and we will release full details of our plans prior to May 1st. One thing that came to my attention was that the original press releases announcing the dividends involved different shareholder of record dates from the extended May 1st date. We intend to pay the dividend based on the shareholders' holdings as of both dates. The dividend will be paid on the higher number of shares held on the two dates. Timing of the distributions will be dependent on a number of alternatives that we are exploring at the present time as well as regulatory requirements. Full disclosure of the plans and requirements will be made as quickly as possible. My only criteria in evaluating options are to complete the separation quickly while protecting and maximizing shareholder value."
250 ain't much moving, but oh well, it is looking greener anyway.
Well she seems to be moving around today anyway.
Way to much action here for me
TWWI has your L2 available free at hand:
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=TWWI
She is up 20% then she is at 10%, at the end i think she will settle at the high of 20% above yesterday's close. IMO of course
TWWI nearly up 20% today
http://ih.advfn.com/p.php?pid=squote&symbol=TWWI
TWWI being up nearly 20% already, you already have a nice EOW closing at hand pastor.
http://ih.advfn.com/p.php?pid=squote&symbol=TWWI
I would say that yesterday's news on TWWI had something to do with that:
Thrive World Wide, Inc. Completes Acquisition of Jarish, Inc.
LAKE GENEVA, WI -- (Marketwire)
04/26/10
Thrive World Wide, Inc. (OTCBB: TWWI) announced that it has completed the acquisition of Jarish, Inc. Thrive World Wide, Inc. will continue with its current operations and plans to utilize Jarish's existing operations and expertise to expand their product offerings. At present, the Company operates two stores in southern California.
"We are very pleased to become a part of Thrive World Wide. The completion of this transaction enables us to broaden our product offerings and financially support the accelerated growth of our business as we strive to become a leader in the online interactive market. We see this merger as an important milestone in achieving the goals we have laid out for our company over the next 12 to 24 months and have now begun our next phase of growth," said Mr. Israel Rivera, Chief Executive Officer of Jarish, Inc.
Additional information with regard to this transaction can be found on the Company's Form 8-K filed with the Securities and Exchange Commission on April 5, 2010.
About Thrive World Wide, Inc.
Thrive Worldwide, Inc. is a Nevada corporation having offices located at 638 Main St Lake Geneva, WI 53147. The Company has previously entered into a joint venture with Cubbit, LLC to market its products. Through this joint venture Thrive Worldwide, Inc. provides content owners, creators and distributors with a unique end-to-end vertical solution. This flexible proprietary solution has been designed to accommodate content creation, and distribution to a broad segment of the market via the Internet.
About Jarish, Inc.
Jarish, Inc. is a San Diego-based digital marketing agency focused on progressive interactive, mobile and social media strategies. The company's suite of interactive media commerce solutions enable local brands to engage the public and drive revenues with minimal expenditure. Embracing traditional advertising techniques and disciplines while remaining on the cutting edge, Jarish, Inc.'s steadfast vision is to inspire and help businesses through the innovation of new digital media.
Forward-Looking Statements:
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995) Thrive World Wide, Inc. cautions that the statements made in this press release constitute forward-looking statements, and no guarantees of future performance and the actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.
Well they say not to chase a stock but perhaps in TWWI case, with an 18% float that is OTCQB US Registered as you can see:
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=TWWI
AND loaded with current filings as you can see: If you click the filings icon on the site above you will also see that.
Closed yesterday at .22 and is up .04 cents at .26 now
XCHO hired a IR/Pr firm yesterday, where did you pick that info up from? I looked in the news release on it's IHUB site but did not see a press release.
Not dougting you with all the good things that XCHO has accomplished but just wanting others to be able to see it for themselves.
That is what I heard about TWWI, here is the ihub web site, it is still a baby with only 84 posts to date.
http://investorshub.advfn.com/boards/board.aspx?board_id=13188
Latest news on TWWI
IHUB SITE: http://ih.advfn.com/p.php?pid=squote&symbol=TWWI
Thrive World Wide, Inc. Completes Acquisition of Jarish, Inc.
LAKE GENEVA, WI -- (Marketwire)
04/26/10
Thrive World Wide, Inc. (OTCBB: TWWI) announced that it has completed the acquisition of Jarish, Inc. Thrive World Wide, Inc. will continue with its current operations and plans to utilize Jarish's existing operations and expertise to expand their product offerings. At present, the Company operates two stores in southern California.
"We are very pleased to become a part of Thrive World Wide. The completion of this transaction enables us to broaden our product offerings and financially support the accelerated growth of our business as we strive to become a leader in the online interactive market. We see this merger as an important milestone in achieving the goals we have laid out for our company over the next 12 to 24 months and have now begun our next phase of growth," said Mr. Israel Rivera, Chief Executive Officer of Jarish, Inc.
Additional information with regard to this transaction can be found on the Company's Form 8-K filed with the Securities and Exchange Commission on April 5, 2010.
About Thrive World Wide, Inc.
Thrive Worldwide, Inc. is a Nevada corporation having offices located at 638 Main St Lake Geneva, WI 53147. The Company has previously entered into a joint venture with Cubbit, LLC to market its products. Through this joint venture Thrive Worldwide, Inc. provides content owners, creators and distributors with a unique end-to-end vertical solution. This flexible proprietary solution has been designed to accommodate content creation, and distribution to a broad segment of the market via the Internet.
About Jarish, Inc.
Jarish, Inc. is a San Diego-based digital marketing agency focused on progressive interactive, mobile and social media strategies. The company's suite of interactive media commerce solutions enable local brands to engage the public and drive revenues with minimal expenditure. Embracing traditional advertising techniques and disciplines while remaining on the cutting edge, Jarish, Inc.'s steadfast vision is to inspire and help businesses through the innovation of new digital media.
Forward-Looking Statements:
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995) Thrive World Wide, Inc. cautions that the statements made in this press release constitute forward-looking statements, and no guarantees of future performance and the actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.
TWWI has a float that is 18% of it's OS, won't take much to move I bet. Keep your eye on it and I will inform you on any news as it comes in.
If interested on a momo play perhaps this may be a selection for you.
Market Cap
$5.95M
Outstanding shares
27,050,000
Float
5,816,686
Another company with a low float, a float that is only 18% of it's OS. I am thinking it won't take much for this to move. IMO
Market Cap
$5.95M
Outstanding shares
27,050,000
Float
5,816,686
M
6 The Golden Spiral
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A Golden Rectangle can be used to construct a Golden Spiral. Any Golden Rectangle, as in Figure 3-5, can be divided into a square and a smaller Golden Rectangle, as shown in Figure 3-6. This process then theoretically can be continued to infinity. The resulting squares we have drawn, which appear to be whirling inward, are marked A, B, C, D, E, F and G.
Figure 3-6
Figure 3-7
The dotted lines, which are themselves in golden proportion to each other, diagonally bisect the rectangles and pinpoint the theoretical center of the whirling squares. From near this central point, we can draw the spiral as shown in Figure 3-7 by connecting the points of intersection for each whirling square, in order of increasing size. As the squares whirl inward and outward, their connecting points trace out a Golden Spiral. The same process, but using a sequence of whirling triangles, also can be used to construct a Golden Spiral.
At any point in the evolution of the Golden Spiral, the ratio of the length of the arc to its diameter is 1.618. The diameter and radius, in turn, are related by 1.618 to the diameter and radius 90° away, as illustrated in Figure 3-8.
Figure 3-8
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Lesson 8 Back Next
I know this security is loaded with gifts for loyal shareholders.
I am not going to make that call, to close of a time frame to matter as long as it does happen, yes hopefully by next week.
Yea that is what i was thinking;
really,.... I agree.