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Fair value of the stock is at minimum a nickel .05!! When the world finally finds this stock, who would want to buy a 20 dollar stock and have to wait till it goes to 80 for a quadruple when you can buy Hasco at a penny and watch it run past .05!!
It's a heckuva a lot easier. Any the cash outlay is significantly less.
Its just a thought.
IWEB Merger on course. Keep Watch!
To the naysayers.. http://www.iceweb.com/merger/
It seems the website still believes the merger is going through.
There are a lot of posts regarding the "deadline". First, its not a deadline. It was a statement made in a PR that they "expect" it to close by June 30. It may... It may not.. What if it closes July 1? What if it closes July 5 or 8? The is no deadline in the definitive merger agreement.
In some respects, I hope it doesnt close when everyone here thinks it will or should. Then the true investors and not the traders will really show. And those investors that hung in there with the management will get rewarded and some long termers and trade that make every decision from reading message boards will get burned.
To each their own. JMVHO.
By the looks of the small amount of resistance back to the .28 area, one might look to buy any size thats out there before it really breaks out.
Don't get looking. Take that swing. Good Luck to all.
What many people are missing is that when this deal does close, Promark will unleash their sales force to concentrate on Icewebs products as evidenced by last weeks PR. In fact, they probably already have to a small degree. When Promark merges with Iceweb, their margins on the Promark side are going nowhere but up. They instantly will be a storage manufacturer. They will instantly recognized as a very serious threat to the EMC's, HP's, Netapp's, Dell,s and IBM's small to mid market customers and targets. This will draw major institutional and competitor attention as Promark/Iceweb nail a few 7-8 figure deals.
This translates into a very nice PPS going forward in the very near term. Just be glad the whole world doesnt really know about IWEB yet. The chatter on this stock is hardly anything. Just wait till one large order get announced by the combined company. There could be some real dousy fireworks. I sense a major momentum stock over the next quarter.
Just my opinion.
I missed the runup so I am happy to see it under .24 cents. I added a nice little chuck @ .236 just now.
IWEB has .47 easy in it just on the merger agreement alone. When it closes then you could get your dollar.
The market is just now learning about IWEB. The stock is and has been in its infancy.
New money coming into the stock doesn't even know what they have yet. Just wait till they research the company and find out just how "real" Iceweb is.
This movement today will not be a one day wonder. The new eyeballs on the company will soon realize they have a huge winner and their hands. They will be adding.
Once the daytraders depart, clearing .30 resistance will be huge.
Onward and upward.
The best is yet to come with CEO Signorello stepping aside and Dale Foster taking over from Promark.
That in itself will be huge for the stock.
The only people that would sell right now are those that NEED the cash for whatever reason. A car Payment? A House payment? A margin Call?
There is no REAL selling in this security. And there was no stop loss deluge on a print at .17 cents.
The company is fine, the stock is fine, the detractors are fine, and the opportunity to make mega dollars on this one is STILL fine.
What an inaccurate post.
First, the stock was up 8% on the open on a 50000 share opening buy order.
Second, the stocks current price is on a sell of 5000 shares. Hardly "Dumping".
Thirdly, The CEO stated clearly no reverse split. Not to mention that 150 million+- outstanding is far from a market perceived problem.
Lastly, you are following this board for a reason. It's because you want to own stock. You don't own the stock. You arent short the stock. You visit here to post negative comments to attempt to obtain stock at the best possible prices for your own personal gain.
Good luck buying cheap shares.
Another newcomer wanting the stock lower. With this little bit of weakness I bet you will see all kinds of bashing or slight negative slant posts coming. The PPS is coming into manys buy zone.
54000 shares bought
6000 shares sold.
As of 1:44
""" Southern Gal Share Thursday, May 19, 2011 7:53:03 AM
Re: busterh post# 7359 Post # of 7378
Didn't they also claim that financials would be provided in 2 weeks? Said claim made 8 weeks ago. """
How many times are you going to make reference to the "2 weeks"? This is old news. Management obviously didn't consult attorneys or accountants prior to making that statements. That is all that needs to be said.
Do you consult your attorney every time you pick up the phone?
News
IceWEB Storage Products Now Available On Promark's GSA Federal Supply Schedule GS-35F-4342D
Press Release Source: IceWEB, Inc. On Thursday May 19, 2011, 8:30 am EDT
STERLING, Va., May 19, 2011 /PRNewswire/ -- IceWEB, Inc. (OTCBB:IWEB.ob - News), www.iceweb.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, has announced that its entire line of storage products are now available to Federal, State and Local Governments through Promark Technology's two-tier GSA Services Agreement. The agreement empowers government buyers to purchase authorized products from Promark's 1,200 plus Value Added Resellers and System Integrators at pre-negotiated terms, conditions and pricing.
The General Services Administration (GSA) Schedules Program serves as the catalyst for billions of dollars in annual federal government spending. The Department of Defense (DOD) spends the most, about 70%; the rest is spent by civilian agencies such as the Department of Commerce, Treasury, Agriculture, etc.
"GSA schedules are the favored purchasing mechanism for most federal buyers and an ideal contract vehicle for our resellers to utilize," stated John R. Signorello, IceWEB CEO. "Having our products on Promark's GSA schedule simplifies and streamlines the purchasing process. Government buyers save time and money; IceWEB resellers enjoy broader exposure and shorter sales cycles."
Dale Foster, Promark Technology President, stated, "The IceWEB product line now has an established Federal footprint. Adding the products to our GSA schedule was the next logical step to build broad exposure to our Federal Channel partners."
Why even post that question SG. Makes no sense. You know noone has that info. And If they did it wouldn't be posted.
Southern Gal (Moderator) LOL You really should curtail your disdain for the CEO. There will be a new CEO soon enough. You should be estatic about the whole merger.
But no. You continually post your negative comments over and over and are still a moderator on a board of a stock you say you are long but yet consistantly decry the negatives.
If it wasnt for the current management, there would be no merger, there would be no revamping of the product line, there would be no ridding of the Solutions Group that dragged on the resources and held legal issues.
You should be pleased, excited, and show promise in my opinion instead of incessantly bashing the management.
Did it ever occur to you that I.. or someone else.. is showing 150k so they scare novices out and collect stock on the bid?
The funny part is... very little stock hit the bid yesterday. The trading pattern has actually changed even though the PPS has not. This is a good sign IMHO.
I take it as bullish!
Not a thing has changed. Market makers flipping blocks to make a couple hundred here and a couple hundred there.
The stock will break out of this range as soon as there is confirmation of the merger being closed. I will be surprised if the stock doesnt trade to new highs within a few weeks of the official closed merger announcement. Then on to a dollar.
JMHO
I wanted more but as soon as I put my bid up I would continually get jumped. There is demand out there. Whoever is accumulating is doing it smartly.
Ahhh. Got me another nice chunk today @ .222 and .22
Keep it coming.
Thanks OTC I hope it was yours.
The even larger news is that Dale Foster will be taking over the reigns as CEO per the conference call.
Dale Foster and his team developing Equalogic and Lefthand into companies that got bought for hundreds of millions.
There is no question that this will be goal with the Iceweb Product line. Dale and his team never profited from those buyouts. They have an opportunity to make Iceweb as big or bigger than Equalogic and Lefthand. And they can do it when the industry is even hotter than it was last year.
Hold on for the ride. John Signorello did a nice job holding the company together through several rough patches. Dale Foster will grab the reigns and drive this company to the next level with likes of Netapp, EMC, HP, DELL, and IBM. Institutional players will love Dale Foster.
With all that said, the volume has dried up so if anyone wants to get size, the only way is to move the bids up or rip out the offer. Don't be surprised if that happens sooner than later.
GLTA. In my very humble opinion as always.
Please give me the three stocks you own that you feel are going to double. After all, thats what your board says. Looking forward to that list.
Hit the bid and be gone. Thanks
In other words, you might as well just sell now if you are looking for a giant gap up. It will be considered "dead money" OTC. So just sell now if anyone believes you will be billionaires overnight.
The new company is the real deal. A slow and steady march north of a dollar and on to a new exchange will yield some nice wealth. Most here can't see the forest beyond the trees. So hopefully they will sell now or at a their quick 20% desired return and leave the real money for us long termers.
The sooner the better. Flippers... Just sell.
OTC Why havent you left yet? It's dead money. Right??
I thought so. You are smart enough to know not to be out of the stock when it decides to make a breakout.
I don't think it takes a rocket scientist to figure out that a lot of stock was churned from .14 to .18
Not to mention there was at least 4 million shares in the most recent registration that was issued to vendors in lieu of payment from the Old Iceweb Solutions stuff.
15.5 million shares have traded since March 7. So it's my belief that the supply is dwindling as evidenced by the volume slowing.
As long as someone is willing to sell at the bid, I'll be one of the ones there getting my gift. What about you? DO you even still own any?
IWEB .24 This chart is Primed! Two New Storage Products announced. Announced Merger coming with Promark. Huge
Chart - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62428534
News - http://ih.advfn.com/p.php?pid=nmona&article=47406622
This stock is primed to breakout and retest highs of .47 in very short order. Long would be wise PRIOR to this thing coiling over .28 and popping to over .47 cents. Then Blue Sky Ahead. All in my very humble opinion.
IWEB .24 This chart is Primed! Two New Storage Products announced. Announced Merger coming with Promark. Huge
Chart - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62428534
News - http://ih.advfn.com/p.php?pid=nmona&article=47406622
This stock is ready to Break Out in a big way IMHO.
IWEB .24 This chart is Primed! Two New Storage Products announced. Announced Merger coming with Promark. Huge
Chart - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62428534
News - http://ih.advfn.com/p.php?pid=nmona&article=47406622
This stock is going to fly.
The chart is coiling up to spring out of here through .28 and beyond.
This is a significant 6 week base put in here at the .22-.25 cent level.
Selling pressure has been subsiding. It's only a matter of time before demand will exceed supply in a very big way.
Cheetah.
Churning is Great! The more stock that gets out of weak hands @ this level, the stronger the launchpad gets.
This stock is tightening up in a big way. And if it pops out of the channel over .28 on good volume... It could be a runaway with or without the merger closing.
I'd rather have a position than trying to time it and get caught chasing or on the sidelines.
IWEB .235 Merger Closing Imminent Double or triple coming IMHO.
http://www.iceweb.com/merger/
On March 7, 2011 IceWEB, Inc. announced a definitive merger agreement with Promark Technologies.
This merger creates a significant opportunity for both company’s employees and customers and for IceWEB shareholders.
With a history of transforming small-share storage brands into market leaders, Promark is a 26 year-old private company with a network of over 1,200 resellers of storage products. IceWEB’s Unified Storage Products provide customers with leading-edge storage solutions.
Dale Foster, Promark President says, “Together, we have great products, for some of the fastest growing markets in the world, unmatched distribution channels, great customers, intellectual property and terrific employees. That’s why all of us at Promark and IceWEB are so excited about this merger.”
Q. Why did Promark Technologies Choose to Join IceWEB
IceWEB has…
•A class ‘A’ customer base,
•Very competitive products
•Proprietary technology that promises to give them an even greater market edge in the near future.
With this caliber of intellectual property and engineering expertise, our two companies will be able to…
•Jointly develop innovative, new cloud storage products and services
•Roll them out through the nation’s largest and finest group of Value Added Resellers
Put that all together and we foresee…
•Visibly superior products, increased sales and a growing arsenal of intellectual property
•All of which will contribute to increase customer satisfaction and higher public company valuations
Q. Why did IceWEB choose Promark
Promark is the leading, value-added storage distributor in the United States. Promark provides nation-wide storage services and offers engineering organizations expertise in planning, designing, training and installing enterprise data storage systems. Promark is a company that has been in the data storage space for nearly 20 years…
•With a seasoned, experienced management team
•A proven track record
•A full complement of system engineers, technical support and customer services personnel
•And 1,200 value added resellers with tens of thousands of end customers.
They also have a solid balance sheet and income statement which will dramatically enhance our ability to close larger orders.
IWEB .235 Merger Closing Imminent Double or triple coming IMHO.
http://www.iceweb.com/merger/
On March 7, 2011 IceWEB, Inc. announced a definitive merger agreement with Promark Technologies.
This merger creates a significant opportunity for both company’s employees and customers and for IceWEB shareholders.
With a history of transforming small-share storage brands into market leaders, Promark is a 26 year-old private company with a network of over 1,200 resellers of storage products. IceWEB’s Unified Storage Products provide customers with leading-edge storage solutions.
Dale Foster, Promark President says, “Together, we have great products, for some of the fastest growing markets in the world, unmatched distribution channels, great customers, intellectual property and terrific employees. That’s why all of us at Promark and IceWEB are so excited about this merger.”
Q. Why did Promark Technologies Choose to Join IceWEB
IceWEB has…
•A class ‘A’ customer base,
•Very competitive products
•Proprietary technology that promises to give them an even greater market edge in the near future.
With this caliber of intellectual property and engineering expertise, our two companies will be able to…
•Jointly develop innovative, new cloud storage products and services
•Roll them out through the nation’s largest and finest group of Value Added Resellers
Put that all together and we foresee…
•Visibly superior products, increased sales and a growing arsenal of intellectual property
•All of which will contribute to increase customer satisfaction and higher public company valuations
Q. Why did IceWEB choose Promark
Promark is the leading, value-added storage distributor in the United States. Promark provides nation-wide storage services and offers engineering organizations expertise in planning, designing, training and installing enterprise data storage systems. Promark is a company that has been in the data storage space for nearly 20 years…
•With a seasoned, experienced management team
•A proven track record
•A full complement of system engineers, technical support and customer services personnel
•And 1,200 value added resellers with tens of thousands of end customers.
They also have a solid balance sheet and income statement which will dramatically enhance our ability to close larger orders.
I just love how a nice chunk of the float is just churning every day at this level. Love it!
By the continual shrinking number of posters on this board, one can't help but wonder that many here have sold. Short term thinkers, traders, and dead money fear mongers. If so, I hope they made a profit and have taken IWEB off their watch lists.
To those that are watching this stock get tighter every day on decent volume, Cheers! We investors have a real winner in the company. A new CEO is going to take the reigns. We will have plenty of money for any needed capital. We will have a cleaner balance sheet and a dynamic sales team that will have fresh incentive to sell Icewebs new products.
Look out Storage Manufacturing Industry. There will be a new kid in town.
His name is.... Dale Foster.
Be afraid.
IWEB .24 Merger Coming. Signing New Deals. Chart Tight.
http://stockcharts.com/h-sc/ui?s=IWEB&p=D&yr=0&mn=5&dy=0&id=p31095716331
IWEB is getting getting ready to explode. The chart speaks volumes. The merger between Promark & Iceweb is rapidly approaching. This is a Quintouple with ease as the new company will have 100+ million in revenues, No Debt, Cash Flow Positive, an unused 10 mil line of credit, and 1200 Value added resellers.
This one will be a headline grabber.
Just my humble opinion as always.
IWEB .24 Merger Coming. Signing New Deals. Chart Tight.
http://stockcharts.com/h-sc/ui?s=IWEB&p=D&yr=0&mn=5&dy=0&id=p31095716331
IWEB is getting getting ready to explode. The chart speaks volumes. The merger between Promark & Iceweb is rapidly approaching. This is a Quintouple with ease as the new company will have 100+ million in revenues, No Debt, Cash Flow Positive, an unused 10 mil line of credit, and 1200 Value added resellers.
This one will be a headline grabber.
Just my humble opinion as always.
I agree Shadow. The best to solve these few investors that lack of commitment to their decision to buy is to get out.
All their worries can be gone with a couple clicks of the mouse or a phone call.
This entry price @ .24 is robbing the bank. I did notice the block size increase on Friday. This is a great sign because whoever is selling their shares could be about finished. The closer an investor gets to the end of the shares to be sold, the less they care about price. They just want to be done.
In the meantime, the stock is building enormous support at this .22 - .25 cent level.
It will be fun to watch after the merger the institutions fight for stock.
All in my humble opinion.
There was a ton of stock traded from early October to March 7 well under these levels. Personally, I am thrilled that so many shares are coming out here @ .23 - .25 This will make a move higher easier but also far more explosive.
So whoever is accumulating stands to make a very pretty penny while many long termers just havent been patient enough to receive maximum gain.