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This message is for the attention of the Moderators of this board.
Please read message #2535 and learn about another of your posters experience with the EVEN gang Quite illumination. I have independently verified most of what he wrote,.
I have now been paid the ultimate compliment by Even and his cohorts. They now realize that your and my opposition to their scurrilous posts on the Raging Bull NMKT board has resulted in seriously interested members leaving to escape their endless buus--t. But now he has found and posted on the moderated NMKT message board on ipod. Hios veruy first post inwhich he negs the moderator to remove my posting priviledges there. Obviously I have advised the moderator of the past excesses by Even. But a much more active place is the Yahoo Groups NMKT message board where I am the moderator. There I guarantee he will never post.
I suggest that such would be a smart move.
I note the first post from "EVEN" has now appeared on this board. If he undertakes the same obnoxious path he and his cohorts used on the Raging Bull NMKT board we'll see the same result. If our moderator permits him to continue posting I predict the same fate will befall us here. He will drive all seriously interested participants off the board and destroy its value to us.
Before reviewing my posts about EVEN open up one of his posts on the Raging Bull NMKT board. Then click on his name and look at his posting record. Not only are the numbers impossible for a single individual to write in the specified time frame but every one is a negative,misleading or outright false statement. This is universally true on every message board he and his cohorts post theire irrelevant and deliberatl misinformation. I also advise that large numbers of folks seriously interested in NMKT have left that board because of his actions and most now participate in "moderated discussions on either your board or at a moderated yahoo group board.
Extension with $14.8 Million in Estimated Quarterly Revenue
Quarterly Report 10QSB to be Filed by Friday
DALLAS--(BUSINESS WIRE)--Nov. 16, 2005--NewMarket Technology Inc. (OTCBB:NMKT - News) today reiterated the Company's forecast to realize 100% revenue growth in 2005 over 2004. The Company reported a profitable $24.9 in revenue in 2004 and expects to double revenue this year with an estimated year-to-date revenue of $35 million through the third quarter of 2005. The Company also anticipates reporting net income in 2005.
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NewMarket has filed SEC Form 12b-25 to extend the reporting deadline for its Third Quarter 2005 financial report. The extension was filed Monday, November 14th and included the Company's estimated revenue for the quarter. For the quarter ended September 30, 2005, NewMarket estimates that it booked revenues of approximately $14,880,000. For the same period in 2004, the Company had revenues of $7,877,721 and net income of $513,073. Results for the quarter ended September 30, 2005, remain subject to further adjustment and actual results may differ significantly from the foregoing estimates.
NewMarket Technology Inc. recently announced that it ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period
Thank you.
Files Q305 Financial Report Extension with $14.8 Million in Estimated Quarterly Revenue Compared to $7.8 Million in Q304
Tuesday November 15, 3:47 pm ET
SEC Form 10QSB with NewMarket Financial Report to be Filed by Friday
DALLAS--(BUSINESS WIRE)--Nov. 15, 2005--NewMarket Technology Inc. (OTCBB:NMKT - News) today announced filing SEC Form 12b-25 to extend the reporting deadline for its Q305 financial report. The extension was filed Monday November 14th and included the Company's estimated Q305 revenue. For the quarter ended September 30, 2005, NewMarket estimates that it had revenues of approximately $14,880,000. For the same period the previous year in the quarter ended September 30, 2004, the Company had revenues of $7,877,721 and net income of $513,073. The Q305 revenue estimate represents an 88% increase over the same period last year. The Q305 estimate also represents a 43% increase over the reported $10.4 million in Q205.
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"NewMarket is growing rapidly," said Philip Verges, CEO. "With the consolidation of multiple acquisitions and the inclusion of substantial international sales contracts, we decided to take extra time to thoroughly review and refine the quarterly report. Revenue and profits are both increasing at a healthy pace. We believe the extra time is a prudent measure in order to soundly report the Company's growth."
Results for the quarter ended September 30, 2005 remain subject to further adjustment and actual
Not at all. All members were sent the same message. Cannot assure you that all read it.
I agree that iHub should add monitoring capability. If you want to see a board contaminated and ruined by bashers get onto the NMKT board on the Raging Bull (Lycos)
I was hoping that these boards would concentrate on the company and exlude all other extraneous S--T.
Kronos Issues First Quarter Results and Updates Business Activities
Tuesday November 15, 9:24 am ET
BELMONT, Mass., Nov. 15, 2005 (PRIMEZONE) -- Kronos Advanced Technologies, Inc. (OTC BB:KNOS.OB - News) President and Chief Executive Officer Daniel R. Dwight said today that significant advances were made during the first quarter ended Sept. 30, 2005, toward the development of its standalone air purification product with the receipt of shipment of pre-production prototypes from its contract manufacturer in Mexico and China.
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Mr. Dwight said that internal testing of the product has been completed and exceeded expected results under the protocol co-developed by Kronos and HoMedics, one if its residential consumer product partners, while IKEA, the home furnishings retailer, is testing a prototype product with Kronos' embedded technology for the residential market. ``At the same time, we have new commercial products in the pipeline for the automotive and airline markets,'' he stated.
For the first three months of fiscal 2006, the ramp-up in investment made by the Company's wholly owned subsidiary Kronos Air Technologies, Inc., for product development in consumer standalone product applications and residential and transportation embedded product applications, as well as for business development activities in expanding the Company's base of new potential strategic partners, led to an increase in operating expenses to $832,000 in the first quarter ended Sept. 30, 2005, compared with $504,000 in the corresponding period the year before. Revenues were $15,000 compared with $241,000, resulting in a net loss of $973,000 compared with $622,000 for the first quarter of 2004. The decrease in revenue is the result of an increased focus on residential and consumer application for the Company's proprietary air movement and purification technology, while relying less on military funded projects.
Details of the Company's results can be found in its quarterly report filed Nov. 14, 2005 on SEC Form 10-QSB, at or at http://www.sec.gov or at http://www.kronosati.com.
Mr. Dwight also provided a summary of the Company's business highlights for the first quarter.
Another of the usual fluff news releases. All noise which signifies nothing at all.
NMKT filed with the SEC today that the company would be late and indicated preliminary revenue numbers:
"For the quarter ended September 30, 2004, the registrant had revenues of $7,877,721and net income of $513,073. For the quarter ended September 30, 2005, the registrant currently estimates that it had revenues of approximately $14,880,000. Results for the quarter ended September 30, 2005 remain subject to further adjustment and actual results may differ significantly from the foregoing estimates. The main reasons for this increase can be attributed to execution of acquisitions and organic growth."
On the yahoo group message board devoted to NMKT I am the moderator. No post will appear without my reading it first and approving its appearance on that board. LUV the! We do not have a monitor on IHUB-something they need badly IMO.
Regardless of this bad news they have a product and are selling. WE seem to have neither;
November 9, 2005
Thane International is recalling about 35,000 Perfect Air Ultra Air Purifiers. An overheating capacitor in these air purifiers can cause arcing in a connecting wire which poses the risk of fire.
Thane has received six reports of incidents involving these air purifiers catching on fire or melting. Thane has also received six units which were returned by customers and show some evidence of melting and/or charring. No injuries have been reported.
The Perfect Air Ultra is an air filtration device to counter indoor air pollution. It measures approximately 12 inches high, 15 inches wide and 6 inches deep, and weighs about 3.2 pounds. The outer casing is made of white plastic and has a gray function plate that is inserted into the top of the unit.
The purifier has four stacked tubular rows with a series of horizontal vents along the length of each row. “Perfect Air Ultra” is not written on the unit, but is written on the instruction booklet included with the unit.
The units were sold via television infomercials and via direct sales on Thane’s Web site from February 2004 through December 2004 for about $100.
Consumers should stop using the air purifiers immediately and contact Thane for instructions on how to return them and receive a coupon for credit toward other Thane products.
Consumer Contact: Call Thane toll-free at (800) 895-0986 anytime, visit Thane’s Web site at www.thane.com.
The recall is being conducted in cooperation with the U.S. Consumer Product Safety Commission (CPSC).
Obvious conclusion. Join the NMKT board on Yahoo Groups and get away from him and his ilk.
I would suggest to you that EVEN and his crew are extremely well read into the inner works and hidden mechanisms of the Companies they bash. It is a necessary fact of their lives that their supposedly sophisticated messages are soundly based on company history and performance. Have you ever once seen Even reply to a direct question??? That's another warning sign you should be aware of. Come on over to the NMKT message board on Yahoo Groups. Monitored so no Even etc etc etc.
Augie
I'd strongly recommend you open one of Even's posts on the raging Bull NMKT message board. Once it's ope click on his alias (Even) this will open a page where you'll see the posts he made in past 30 days and on which message boards. Look at the total and ask yourself could one individual have done all this?? Absolutely no Way. Even has a crew of bashers and pumpers and dumpers who work for clients to manipulate share prices. If you look at his messages on a variety of boards that he posts to you'll see that every one is a bash,distortion or very old news. If you wish to continue using Raging Bull look at a message from "Brutisisgod" He lists all the identified bashers and you would be well advised to ignore all of them. I have been blocked (permanently) from posting on the Raging Bull and I am sure it was Evens doing because I was constantly warning users about him and his crew. Many posters followed my advice and ignored him-this totally defeats his object of generating replies to highlight the company for his ultimate goals. The is a NMKT yahoo group message board which is monitored and only serious posters are admitted. No Even,No Tscheri etc etc. Much more useful. Pro and con opinions are welcomed there. But no bashing nor P&D. Come join us.
Delighted to hear from you again.Believe you holding NMKT. I am very long in this company. I have great expectations that we ,with some patience, will score very big with this one. Its a shame the naked shorters and bashers are having an effect. Because of this situation I have established a Yahoo Group message board for NMKT and as the monitor I assure you EVEN and the rest of the bashers will not gain access. This shall enable intelligent discussion both pro and con but relevant to NMKT. I've been completely banned from the Raging Bull because I have never ceased supporting the list of bashers put up there by "brutisisgod" and have interfered with EVEN. Do me a favor and post a message on the NMKT Raging Bull Board and advise the reader of the Yahoo group board. I'd like to attract all persons with a serious interest in this company. TIA
Right now just watch CLN. I know the management and have visited them several times (20 miles away from my office) The sales of Prolieve are gaining and their work with Liver Cancer and now Breast Cancer will bring very happy results but it shall take quite a while.
You should do some DD on Cytomedix (Stock symbol GTF)
Thanks
I assume you are referring to the new company dealing in China. The money to start up this operation,I believe, was raised in a private placement. This being true there is no NMKT funds involved. The future plan is to grow the company to the point where a public offering becomes possible and offer NMKT shareholders a preferential position in purchasing shares. I think I have this straight.
Russell Medina graduated from the U.S. Military Academy in 1980. He was commisioned in the Infantry. He retired from the army as a Major in 1996 and joined MCI.He rose quickly into the executive ranks dealing with complex communication integration problems.
NewMarket Technology Inc. Updates Homeland Security Strategy
Friday November 4, 1:28 pm ET
Defense Technology Inc. Announces New CEO Russell Medina
NewMarket and Defense Technology to Concentrate on Homeland Security Solutions for Municipalities and Developing Economic Allies
DALLAS--(BUSINESS WIRE)--Nov. 4, 2005--NewMarket Technology Inc. (OTCBB:NMKT - News) today announced that its affiliate Defense Technology Systems Inc. (OTCBB:DFTS - News) has appointed Russell Medina as the new Chief Executive Officer. Mr. Medina's appointment represents another landmark event in Defense Technology's rebuilding and repositioning as a Homeland Security Innovator. Mr. Medina will also join the Defense Technology Board of Directors.
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Mr. Medina has consulted with NewMarket Technology Inc. over the last two years and was instrumental in the development of NewMarket's Homeland Security strategy that led to the combination of NewMarket and Defense Technology's Homeland Security operations earlier this year. Revenue from this acquisition will be reflected in Defense Technology's upcoming Annual Report filing.
Mr. Medina brings a wealth of defense industry experience to the Company as a retired career Army Officer and graduate of the United States Military Academy at West Point, N.Y. His distinguished military career is highlighted by his experience procuring special systems for various projects with the Department of Defense (DoD) that included integration with all military services, as well as other government agencies. His military experience in battlefield communications led him to a successful post-military telecommunications career concentrated in the introduction of new products and services. Mr. Medina has CEO experience with an emphasis in early financing of new business ventures.
"Mr. Medina is the right choice to lead Defense Technology Systems' repositioning as a Homeland Security Innovator," said Dan McPhee, the outgoing CEO. "His military systems experience combined with his background in high growth new ventures is the right set of skills to lead Defense Technology in its next stage of development and growth."
"I am excited to join Defense Technology's team," said Mr. Medina. "The terrorist threat has changed defense strategies and the defense system requirements to support new strategies. A need for a nimble defense technology innovator has arisen. The Defense Technology team has identified and repositioned for that need. I have the good fortune of coming into a business already poised for rapid growth."
About Defense Technology Systems, Inc.
The Company has recently implemented a revitalization and redirection plan to leverage its experience in providing digital communication infrastructure solutions to Fortune 1000 companies and expand into providing overall Homeland Security solutions to major metropolitan municipalities. To accelerate the plan, Defense Technology earlier this year acquired a majority interest in an established defense engineering firm with 20 years of experience and a portfolio of proprietary technologies. The acquired company is a leading edge technology company specialized in engineering hardware and software solutions when commercial-off-the-shelf (COTS) products do not fulfill the critical requirements of enterprise, military or government organizations. In the acquisition, Defense Technology also established a strategic equity partnership with NewMarket Technology Inc. (OTCBB:NMKT - News) expected to accelerate organic sales growth of Defense Technologies products. Management intends to expand its Homeland Security product portfolio through further acquisition. For more information on Defense Technology Systems, Inc. visit: www.DefenseTechnologySystems.com.
A
Super DD. Thanks.
In my continuing problem with the Raging Bull board I have found evidence that the RB site is not managed nor maintained by the "Lycos": technical people.Other portal sites onLycos do not seem to have any where near the amount of technocal [problems we see with the Raging Bull. Even contacting the Raging Bull is different that contacting orther of their portal sites. This reinforces my feeling that the Raging Bull has been outsourced to another entity. I am continuing to seek additional evidence on this point and further evidence on the Isdl;e Of Man situation.
I agree that Lycos and Raging Bull constantly and incessantly run into operational problems. I've experienced them just as you have but this time it is quite a bit different.. Establishing an account with a different ISP and alias was ok for about 1 day then I found I could not post again. I did quite a bit of digging and found that Lycos had blocked the internet numerical address their network assigned to me. This address cannot be changed by a user so the blockage is permanent. I have also developed a theory that might explain these kinds of actions.
Lycos when it was independent found competing against MSN,Yahoo and ihub a hopeless task. They lost money every single quarter. Then the were acquired by Telephonica SA and that company is a wholly owned subsidiary of Telephonica. Telephonica is a huge Spanish group who have operations on the Isle of Man. These subsidiaries are mostly financially oriented and I suspect is the home of the Even group of NMKT bashers. You'll also note that the Raging Bull is managed separately and differently than other elements of the "Lycos" operation. Could this be because it was outsourced to the naked shorters and pump and dumpsters.?? Just my opinion!
Tend to agree. It may just be what we've been waiting for-The trigger is being squeezed.
No there is much more to this story. Lycos when it was independent was competiting agains Yahoo and MSN and never was able to earn a red cent. They were acquired by Telephonica SA. Telephonica SA operations area is South America. That company in turn is a wholly owned subsidiary of Telephonics a very large Spanish Company. Telephonica has financial subsidiaries on the Isle of Man. The Isle of Man has been identified numerous times as the source of a lot of naked shorting and pump and dump operations. There are also a number of hedge funds that also operate out of the Isle Of Man.If you access the ANLT message board on ANLT you'll see that all posts dated later than May 2005 have been deleted. However I have a large file which contains all ANLT posts since 1 Feb 2005. I believe that thru these posts a much more astuite computer user than I could identify the writters who were participating in the pump and dump game.
In the case of ANLT,I strongly suspect, I was putting a damper on the price swings caused by a pump and dump operation. This stock is most amenable to this wave motiuon for it has no debt and a very small float.
In the case of NMKT I have fought the prescense of EVEN for a very long time. EVEN is not a single poster. If you open one of his posts on the Raging and then click on his name you'll open up a page which shows his posting record. Look at the total and ask if I individual could have written all these posts. Also remember ,as you'll see he frequents many other boards. Whoever posts under this alias always exhibits some knowledge of the company they are bashing and this also indicates it is a cabal of people and not a single individual.
If you further dig into the organization olf Lycos you'll learn that the Ragiung Bull Board is managed differently than their other services. Can't help but wonder if they have not outsourced this board to another group who run it for their own gain?????
That does not work if your access is blocked by placing your internet numerical address on their blocked list. Once that is done even registering thru another ISP will not gain access.
Tried that.Got many suggestions that this would fix. BUT IT DOES NOT WORK. The reason is that when a user signes onto a network that system assignes a numerical identification address to that user. It automaticall,in case of Lycos searches itself for other IDs that were assigned to that user even if a new ISP and alias had been used. They in effect put the user on their blocked list. So once you gain that distinction you may as well go elsewhere for a pertinent chat board. You can now follow me to the Yahoo Groups NMKT board,the Yahoo NMKT board or this board.
NewMarket Technology Inc. Growing Up on the OTCBB Vol 2, the Transition from Transaction to Fundamental Capital Financing Supporting Continued High Growth
From $5 Million to $26 Million in Shareholder Equity in Just Over a Year with $60 Million in Annualized Revenue, CEO Addresses Transition to Fundamental Capital Financing
DALLAS Oct. 27, 2005-- NewMarket Technology Inc. (OTCBB:NMKT) today released an open letter from its CEO and Chairman, Philip Verges, continuing to chronicle the Company's experience on the Over the Counter Bulletin Board (OTCBB) exchange. This is a follow up to a letter from the CEO last week addressing the Company’s current challenge to transition from a company recognized for its next press release versus its underlying financial fundamentals. In this letter, the CEO discusses the related challenge of transitioning from transaction to fundamental capital financing.
The letter is included in its entirety below:
Dear fellow shareholders and investors in the emerging technology market,
This letter is a follow up to a letter published last week about NewMarket’s experience over the last three years on the Over the Counter Bulletin Board (OTCBB) exchange and the Company’s yet unrecognized “fundamental” financial progress. Last week’s letter addressed the ins and outs of the challenging transition from a share price and market value that reflects the latest press release into a share price and market value that represents a company’s overall financial fundamentals. This follow up will discuss the closely related subject of transitioning from transaction capital financing to fundamental capital financing.
NewMarket was recently recognized in the Deloitte Fast 500 as the 13th fastest growing technology company in North America. The Company has grown over 18,000% in the last five years to a profitable annualized revenue run rate today of over $60 million. Trading near a 52 week low, NewMarket has yet to be recognized by Wall Street for its respectable "fundamental" foundation highlighted by $26 million in shareholder equity.
Similarly, NewMarket has yet to be recognized for its “fundamental” direct investment prospects. NewMarket receives daily unsolicited proposals for “transaction” investments, where the return on investment comes more often than not from a negotiated discount to the common stock market price. NewMarket is cash flow positive and accordingly in a position to turn down “transaction” financing. However, NewMarket has not yet been able to close financing that completely reflects the Company’s financial “fundamentals”.
The share price of our OTCBB traded stock does not yet reflect the intrinsic business value or NewMarket's rapid growth, sustained profitability or growing shareholder equity. Undervalued companies do not remain unrecognized for long, but often become "discovered" after some positive catalysts. We expect the direct investment opportunity will also not remain unrecognized for long.
Transaction Leverage vs. Fundamental Leverage
Companies list publicly to leverage equity as a marketable security for forming capital to grow operations or to acquire other businesses. The stark reality of the OTC markets is that equity leveraged for capital formation or acquisition is often valued more for its transaction value rather than any value the equity may have in correlation to the fundamental value of the business. In other words, stock sold at a discount is purchased for the value of the discount -- a value created by the selling transaction itself. The discounted stock purchaser is probably taking very little of the stock issuer’s fundamental business value into consideration and otherwise concentrating on the discount to market.
Finding capital to start and grow new businesses is an age old challenge. Entrepreneurs do their best to sell their enthusiasm in exchange for early funding, but investors usually look for more tangible assets or marketable securities. The transaction valued capital available through the OTC markets can be a great tool for the entrepreneur. The challenge facing the entrepreneur is managing the eventual transition from leveraging transaction resources to leveraging fundamental resources. Companies that have raised capital on the value of the transaction coincidently are often valued by the market overall on a transaction basis. The transition from leveraging transaction to fundamental resources is mutually tied to migrating the overall market valuation of the company from a transaction to fundamental basis.
Transaction Investors; Transaction Traders and Preferred Convertible Securities
While the OTC provides entrepreneurs with a powerful tool for capitalizing early ventures in the form of transaction investments, the transaction investment environment is less than peril free.
Preferred convertible securities are the investment facility of choice for the transaction investor. A preferred security investment normally maintains the value of the original investment independent of the publicly traded common share price. Transaction investors purchase a non-publicly traded security at a fixed price that converts at a future date into a publicly traded security – usually the common stock of the company. Likewise, the value of the discount is protected through its inclusion in the non-publicly traded fixed price security.
Some transaction investors further mitigate risk by hedging or selling short against the value of the preferred security. This is a controversial practice as it can be implemented in a predatory fashion. If a transaction investor holds a $1 million preferred security that can convert into $1 million of common stock, the transaction investor could arguably sell short $1 million of common, demonstrating the ability to cover the short position with shares from the future conversion into common of the preferred security. A transaction investor with a preferred security could aggressively short sell and negatively impact the overall share price without creating any risk to his own investment.
Some transaction investors have been suspected of selling stock short against a planned preferred investment. For instance, if a transaction investor is considering a $1 million purchase of a preferred security, it is suspected that some transaction investors will sell short $1 million of common stock prior to the consummation of the preferred stock purchase. In this scenario, the transaction investor not only sourced the money for the preferred purchase from the illegal short sale of stock, but the transaction investor would also have already realized his profit (from the built-in discount) before ever making the contemplated investment.
The suspected predatory risk associated with preferred investments is not exclusive to the potential exploits of the transaction investor. Transaction traders are also suspected to exploit preferred investments. Most preferred investments are made by organizational investors such as Cornell Capital and Laurus Funds with template terms that include a registration of the underlying common stock. A transaction trader might watch for such registration statements and begin selling short in anticipation of a company’s share price going down once the organizational investor begins converting their preferred security into the underlying registered common stock and selling that stock into the open market.
The preceding are only some highlights of the risks associated with preferred security investments. Nonetheless, preferred security investments can be beneficial capital facilities for start up and small high growth companies. Ideally, preferred security investments are structured in a manner that excludes transaction investors from hedging or shorting against the preferred position. Hopefully, regulatory enforcement prevents transaction traders from potentially selling short in anticipation of illegally profiting from a reduced share price that might result after the registration of a preferred investment. On the other hand, companies issuing preferred securities might be advised to implement supporting strategies to guard against the potential risks associated with transaction investments.
NewMarket Preferred Securities: Summary and Strategy
NewMarket has utilized convertible preferred securities to access investment capital. NewMarket has also utilized convertible preferred securities to acquire operating assets and proprietary technologies. The Company has taken every measure possible to guard against the potential predatory risk associated with the use of convertible preferred securities.
NewMarket has not raised any money with an organizational investor in well over a year. The history of organizational investments in OTC firms is rich with share price collapses shortly following convertible preferred security investments. This history combined with NewMarket’s own courtship of organizational investors has made the Company shy away from the organizational investment community.
NewMarket has only ever entered into three investment transactions with organizational investors. The sum of all three investments is less than $3 million and none of the three transactions requires NewMarket to file a registration statement. In turn, none of the investors has the ability to sell for one year and none of the investors can sell prior to two years without publicly disclosing their intention to sell.
The majority of investment capital that NewMarket has received has been provided by VergeTech Inc. (VTI) in a related party transaction. VTI is a company founded by the Verges family in 1997. In 2002, VTI sold its assets to NewMarket in exchange for a convertible note that ultimately resulted in VergeTech’s ownership of 22 million shares of NewMarket stock. VTI still owns 22 million shares of stock and does not currently have any plans to sell stock. VTI has encumbered its 22 million shares of stock as collateral to borrow capital that has then been entirely invested in NewMarket. The money has been borrowed from friends and family. VTI’s investment in NewMarket is in the form of a loan secured by a note convertible into 40 million shares of stock. VTI’s related party transaction has been reviewed by the NewMarket board of directors with my abstention. VTI’s intention is to seek repayment of its loan in cash and to cancel or minimize any conversion into the 40 million shares.
NewMarket has primarily utilized preferred securities to acquire operating assets and proprietary emerging technologies. NewMarket has six active issues of preferred stock. The preferred stock has been designated by letter and the active issues are designated as series C-H. All six series have been solely utilized to acquire operating assets and proprietary technology. NewMarket has acquired three additional operating and proprietary emerging technology assets using cash or notes payable solely in cash. No active preferred stock has been issued to raise capital. Series A and B were declared and issued in exchange for investment capital prior to the tenure of the existing management team and have since been retired. Out of the six issues of preferred stock only one is currently being converted into common stock for the benefit of the sellers. The terms of the original sale agreement restrict the preferred to incremental conversions over time. The other five preferred stock issues are restricted from converting and selling. However, two of the five have been provided in part as collateral in exchange for loans directly to two operating subsidiaries. The total of the loans is less than $1 million.
NewMarket’s future plans in regard to the existing preferred stock associated with the acquired operating asset and propriety technology properties is to mitigate, if not eliminate any conversions into NewMarket common stock. NewMarket is currently structuring a consolidation of its systems integration companies into a single systems integration subsidiary. The intention is to exchange NewMarket preferred stock issued to acquire systems integration assets for equity in the new subsidiary systems integration company. Furthermore, NewMarket intends to similarly exchange NewMarket preferred stock for equity in the eventual spin-off of proprietary technologies.
NewMarket has slowed the use of preferred stock in its ongoing acquisition campaign to expand operations and add to a proprietary technology portfolio. Recently, for instance, the Company announced the planned acquisition of UniOne in Brazil in an all cash transaction. NewMarket is further slowing its use of preferred stock by improving its ability to leverage subsidiary securities for funding and acquisitions specific to the subsidiary business operations. Last week, NewMarket China announced a $1 million direct investment.
In summary, the Company’s strategy has been to move away from organizational transaction investors. NewMarket has been able to make substantial progress in its goal to move away from the organizational transaction investment community by leveraging the assets of its own founders and management. The primary use of preferred securities has been to acquire operating assets and proprietary technologies that may never be paid for with the Company’s common stock given the planned spin-off strategy. If preferred stock issued to acquire operating assets and proprietary technologies is ultimately converted into common then ideally it will be less common than would have been required at the time of purchase. For instance, NewMarket’s share price was $0.17 at the time it acquired Infotel.
The Company is making deliberate strides toward the transition from leveraging transaction resources to leveraging fundamental resources. This transition will fuel the market valuation transition from a transaction basis to a fundamental basis and vice versa.
This is an exciting time for NewMarket. Though near a 52 week low, perhaps not an easy time. We are in a transition from being recognized for our transactional value to being recognized for the fundamental value we have quietly been building over the last three years. We have had no sustained market capitalization growth in 18 months while our shareholder equity has otherwise increased 500% to $26 million and our sales have grown over 18,000% over five years to a current annualized revenue run rate of $60 million. We are poised to be "discovered" by Wall Street and the institutional investment community as an undervalued company with basic financial fundamental strength greater than what the current share price reflects.
Best Regards,
Philip Verges
CEO and Chairman
NewMarket Technology Inc.
NewMarket Technology Inc. Growing Up on the OTCBB Vol 2, the Transition from Transaction to Fundamental Capital Financing Supporting Continued High Growth
From $5 Million to $26 Million in Shareholder Equity in Just Over a Year with $60 Million in Annualized Revenue, CEO Addresses Transition to Fundamental Capital Financing
DALLAS Oct. 27, 2005-- NewMarket Technology Inc. (OTCBB:NMKT) today released an open letter from its CEO and Chairman, Philip Verges, continuing to chronicle the Company's experience on the Over the Counter Bulletin Board (OTCBB) exchange. This is a follow up to a letter from the CEO last week addressing the Company’s current challenge to transition from a company recognized for its next press release versus its underlying financial fundamentals. In this letter, the CEO discusses the related challenge of transitioning from transaction to fundamental capital financing.
The letter is included in its entirety below:
Dear fellow shareholders and investors in the emerging technology market,
This letter is a follow up to a letter published last week about NewMarket’s experience over the last three years on the Over the Counter Bulletin Board (OTCBB) exchange and the Company’s yet unrecognized “fundamental” financial progress. Last week’s letter addressed the ins and outs of the challenging transition from a share price and market value that reflects the latest press release into a share price and market value that represents a company’s overall financial fundamentals. This follow up will discuss the closely related subject of transitioning from transaction capital financing to fundamental capital financing.
NewMarket was recently recognized in the Deloitte Fast 500 as the 13th fastest growing technology company in North America. The Company has grown over 18,000% in the last five years to a profitable annualized revenue run rate today of over $60 million. Trading near a 52 week low, NewMarket has yet to be recognized by Wall Street for its respectable "fundamental" foundation highlighted by $26 million in shareholder equity.
Similarly, NewMarket has yet to be recognized for its “fundamental” direct investment prospects. NewMarket receives daily unsolicited proposals for “transaction” investments, where the return on investment comes more often than not from a negotiated discount to the common stock market price. NewMarket is cash flow positive and accordingly in a position to turn down “transaction” financing. However, NewMarket has not yet been able to close financing that completely reflects the Company’s financial “fundamentals”.
The share price of our OTCBB traded stock does not yet reflect the intrinsic business value or NewMarket's rapid growth, sustained profitability or growing shareholder equity. Undervalued companies do not remain unrecognized for long, but often become "discovered" after some positive catalysts. We expect the direct investment opportunity will also not remain unrecognized for long.
Transaction Leverage vs. Fundamental Leverage
Companies list publicly to leverage equity as a marketable security for forming capital to grow operations or to acquire other businesses. The stark reality of the OTC markets is that equity leveraged for capital formation or acquisition is often valued more for its transaction value rather than any value the equity may have in correlation to the fundamental value of the business. In other words, stock sold at a discount is purchased for the value of the discount -- a value created by the selling transaction itself. The discounted stock purchaser is probably taking very little of the stock issuer’s fundamental business value into consideration and otherwise concentrating on the discount to market.
Finding capital to start and grow new businesses is an age old challenge. Entrepreneurs do their best to sell their enthusiasm in exchange for early funding, but investors usually look for more tangible assets or marketable securities. The transaction valued capital available through the OTC markets can be a great tool for the entrepreneur. The challenge facing the entrepreneur is managing the eventual transition from leveraging transaction resources to leveraging fundamental resources. Companies that have raised capital on the value of the transaction coincidently are often valued by the market overall on a transaction basis. The transition from leveraging transaction to fundamental resources is mutually tied to migrating the overall market valuation of the company from a transaction to fundamental basis.
Transaction Investors; Transaction Traders and Preferred Convertible Securities
While the OTC provides entrepreneurs with a powerful tool for capitalizing early ventures in the form of transaction investments, the transaction investment environment is less than peril free.
Preferred convertible securities are the investment facility of choice for the transaction investor. A preferred security investment normally maintains the value of the original investment independent of the publicly traded common share price. Transaction investors purchase a non-publicly traded security at a fixed price that converts at a future date into a publicly traded security – usually the common stock of the company. Likewise, the value of the discount is protected through its inclusion in the non-publicly traded fixed price security.
Some transaction investors further mitigate risk by hedging or selling short against the value of the preferred security. This is a controversial practice as it can be implemented in a predatory fashion. If a transaction investor holds a $1 million preferred security that can convert into $1 million of common stock, the transaction investor could arguably sell short $1 million of common, demonstrating the ability to cover the short position with shares from the future conversion into common of the preferred security. A transaction investor with a preferred security could aggressively short sell and negatively impact the overall share price without creating any risk to his own investment.
Some transaction investors have been suspected of selling stock short against a planned preferred investment. For instance, if a transaction investor is considering a $1 million purchase of a preferred security, it is suspected that some transaction investors will sell short $1 million of common stock prior to the consummation of the preferred stock purchase. In this scenario, the transaction investor not only sourced the money for the preferred purchase from the illegal short sale of stock, but the transaction investor would also have already realized his profit (from the built-in discount) before ever making the contemplated investment.
The suspected predatory risk associated with preferred investments is not exclusive to the potential exploits of the transaction investor. Transaction traders are also suspected to exploit preferred investments. Most preferred investments are made by organizational investors such as Cornell Capital and Laurus Funds with template terms that include a registration of the underlying common stock. A transaction trader might watch for such registration statements and begin selling short in anticipation of a company’s share price going down once the organizational investor begins converting their preferred security into the underlying registered common stock and selling that stock into the open market.
The preceding are only some highlights of the risks associated with preferred security investments. Nonetheless, preferred security investments can be beneficial capital facilities for start up and small high growth companies. Ideally, preferred security investments are structured in a manner that excludes transaction investors from hedging or shorting against the preferred position. Hopefully, regulatory enforcement prevents transaction traders from potentially selling short in anticipation of illegally profiting from a reduced share price that might result after the registration of a preferred investment. On the other hand, companies issuing preferred securities might be advised to implement supporting strategies to guard against the potential risks associated with transaction investments.
NewMarket Preferred Securities: Summary and Strategy
NewMarket has utilized convertible preferred securities to access investment capital. NewMarket has also utilized convertible preferred securities to acquire operating assets and proprietary technologies. The Company has taken every measure possible to guard against the potential predatory risk associated with the use of convertible preferred securities.
NewMarket has not raised any money with an organizational investor in well over a year. The history of organizational investments in OTC firms is rich with share price collapses shortly following convertible preferred security investments. This history combined with NewMarket’s own courtship of organizational investors has made the Company shy away from the organizational investment community.
NewMarket has only ever entered into three investment transactions with organizational investors. The sum of all three investments is less than $3 million and none of the three transactions requires NewMarket to file a registration statement. In turn, none of the investors has the ability to sell for one year and none of the investors can sell prior to two years without publicly disclosing their intention to sell.
The majority of investment capital that NewMarket has received has been provided by VergeTech Inc. (VTI) in a related party transaction. VTI is a company founded by the Verges family in 1997. In 2002, VTI sold its assets to NewMarket in exchange for a convertible note that ultimately resulted in VergeTech’s ownership of 22 million shares of NewMarket stock. VTI still owns 22 million shares of stock and does not currently have any plans to sell stock. VTI has encumbered its 22 million shares of stock as collateral to borrow capital that has then been entirely invested in NewMarket. The money has been borrowed from friends and family. VTI’s investment in NewMarket is in the form of a loan secured by a note convertible into 40 million shares of stock. VTI’s related party transaction has been reviewed by the NewMarket board of directors with my abstention. VTI’s intention is to seek repayment of its loan in cash and to cancel or minimize any conversion into the 40 million shares.
NewMarket has primarily utilized preferred securities to acquire operating assets and proprietary emerging technologies. NewMarket has six active issues of preferred stock. The preferred stock has been designated by letter and the active issues are designated as series C-H. All six series have been solely utilized to acquire operating assets and proprietary technology. NewMarket has acquired three additional operating and proprietary emerging technology assets using cash or notes payable solely in cash. No active preferred stock has been issued to raise capital. Series A and B were declared and issued in exchange for investment capital prior to the tenure of the existing management team and have since been retired. Out of the six issues of preferred stock only one is currently being converted into common stock for the benefit of the sellers. The terms of the original sale agreement restrict the preferred to incremental conversions over time. The other five preferred stock issues are restricted from converting and selling. However, two of the five have been provided in part as collateral in exchange for loans directly to two operating subsidiaries. The total of the loans is less than $1 million.
NewMarket’s future plans in regard to the existing preferred stock associated with the acquired operating asset and propriety technology properties is to mitigate, if not eliminate any conversions into NewMarket common stock. NewMarket is currently structuring a consolidation of its systems integration companies into a single systems integration subsidiary. The intention is to exchange NewMarket preferred stock issued to acquire systems integration assets for equity in the new subsidiary systems integration company. Furthermore, NewMarket intends to similarly exchange NewMarket preferred stock for equity in the eventual spin-off of proprietary technologies.
NewMarket has slowed the use of preferred stock in its ongoing acquisition campaign to expand operations and add to a proprietary technology portfolio. Recently, for instance, the Company announced the planned acquisition of UniOne in Brazil in an all cash transaction. NewMarket is further slowing its use of preferred stock by improving its ability to leverage subsidiary securities for funding and acquisitions specific to the subsidiary business operations. Last week, NewMarket China announced a $1 million direct investment.
In summary, the Company’s strategy has been to move away from organizational transaction investors. NewMarket has been able to make substantial progress in its goal to move away from the organizational transaction investment community by leveraging the assets of its own founders and management. The primary use of preferred securities has been to acquire operating assets and proprietary technologies that may never be paid for with the Company’s common stock given the planned spin-off strategy. If preferred stock issued to acquire operating assets and proprietary technologies is ultimately converted into common then ideally it will be less common than would have been required at the time of purchase. For instance, NewMarket’s share price was $0.17 at the time it acquired Infotel.
The Company is making deliberate strides toward the transition from leveraging transaction resources to leveraging fundamental resources. This transition will fuel the market valuation transition from a transaction basis to a fundamental basis and vice versa.
This is an exciting time for NewMarket. Though near a 52 week low, perhaps not an easy time. We are in a transition from being recognized for our transactional value to being recognized for the fundamental value we have quietly been building over the last three years. We have had no sustained market capitalization growth in 18 months while our shareholder equity has otherwise increased 500% to $26 million and our sales have grown over 18,000% over five years to a current annualized revenue run rate of $60 million. We are poised to be "discovered" by Wall Street and the institutional investment community as an undervalued company with basic financial fundamental strength greater than what the current share price reflects.
Best Regards,
Philip Verges
CEO and Chairman
NewMarket Technology Inc.
NewMarket Technology Inc. Growing Up on the OTCBB Vol 2, the Transition from Transaction to Fundamental Capital Financing Supporting Continued High Growth
From $5 Million to $26 Million in Shareholder Equity in Just Over a Year with $60 Million in Annualized Revenue, CEO Addresses Transition to Fundamental Capital Financing
DALLAS Oct. 27, 2005-- NewMarket Technology Inc. (OTCBB:NMKT) today released an open letter from its CEO and Chairman, Philip Verges, continuing to chronicle the Company's experience on the Over the Counter Bulletin Board (OTCBB) exchange. This is a follow up to a letter from the CEO last week addressing the Company’s current challenge to transition from a company recognized for its next press release versus its underlying financial fundamentals. In this letter, the CEO discusses the related challenge of transitioning from transaction to fundamental capital financing.
The letter is included in its entirety below:
Dear fellow shareholders and investors in the emerging technology market,
This letter is a follow up to a letter published last week about NewMarket’s experience over the last three years on the Over the Counter Bulletin Board (OTCBB) exchange and the Company’s yet unrecognized “fundamental” financial progress. Last week’s letter addressed the ins and outs of the challenging transition from a share price and market value that reflects the latest press release into a share price and market value that represents a company’s overall financial fundamentals. This follow up will discuss the closely related subject of transitioning from transaction capital financing to fundamental capital financing.
NewMarket was recently recognized in the Deloitte Fast 500 as the 13th fastest growing technology company in North America. The Company has grown over 18,000% in the last five years to a profitable annualized revenue run rate today of over $60 million. Trading near a 52 week low, NewMarket has yet to be recognized by Wall Street for its respectable "fundamental" foundation highlighted by $26 million in shareholder equity.
Similarly, NewMarket has yet to be recognized for its “fundamental” direct investment prospects. NewMarket receives daily unsolicited proposals for “transaction” investments, where the return on investment comes more often than not from a negotiated discount to the common stock market price. NewMarket is cash flow positive and accordingly in a position to turn down “transaction” financing. However, NewMarket has not yet been able to close financing that completely reflects the Company’s financial “fundamentals”.
The share price of our OTCBB traded stock does not yet reflect the intrinsic business value or NewMarket's rapid growth, sustained profitability or growing shareholder equity. Undervalued companies do not remain unrecognized for long, but often become "discovered" after some positive catalysts. We expect the direct investment opportunity will also not remain unrecognized for long.
Transaction Leverage vs. Fundamental Leverage
Companies list publicly to leverage equity as a marketable security for forming capital to grow operations or to acquire other businesses. The stark reality of the OTC markets is that equity leveraged for capital formation or acquisition is often valued more for its transaction value rather than any value the equity may have in correlation to the fundamental value of the business. In other words, stock sold at a discount is purchased for the value of the discount -- a value created by the selling transaction itself. The discounted stock purchaser is probably taking very little of the stock issuer’s fundamental business value into consideration and otherwise concentrating on the discount to market.
Finding capital to start and grow new businesses is an age old challenge. Entrepreneurs do their best to sell their enthusiasm in exchange for early funding, but investors usually look for more tangible assets or marketable securities. The transaction valued capital available through the OTC markets can be a great tool for the entrepreneur. The challenge facing the entrepreneur is managing the eventual transition from leveraging transaction resources to leveraging fundamental resources. Companies that have raised capital on the value of the transaction coincidently are often valued by the market overall on a transaction basis. The transition from leveraging transaction to fundamental resources is mutually tied to migrating the overall market valuation of the company from a transaction to fundamental basis.
Transaction Investors; Transaction Traders and Preferred Convertible Securities
While the OTC provides entrepreneurs with a powerful tool for capitalizing early ventures in the form of transaction investments, the transaction investment environment is less than peril free.
Preferred convertible securities are the investment facility of choice for the transaction investor. A preferred security investment normally maintains the value of the original investment independent of the publicly traded common share price. Transaction investors purchase a non-publicly traded security at a fixed price that converts at a future date into a publicly traded security – usually the common stock of the company. Likewise, the value of the discount is protected through its inclusion in the non-publicly traded fixed price security.
Some transaction investors further mitigate risk by hedging or selling short against the value of the preferred security. This is a controversial practice as it can be implemented in a predatory fashion. If a transaction investor holds a $1 million preferred security that can convert into $1 million of common stock, the transaction investor could arguably sell short $1 million of common, demonstrating the ability to cover the short position with shares from the future conversion into common of the preferred security. A transaction investor with a preferred security could aggressively short sell and negatively impact the overall share price without creating any risk to his own investment.
Some transaction investors have been suspected of selling stock short against a planned preferred investment. For instance, if a transaction investor is considering a $1 million purchase of a preferred security, it is suspected that some transaction investors will sell short $1 million of common stock prior to the consummation of the preferred stock purchase. In this scenario, the transaction investor not only sourced the money for the preferred purchase from the illegal short sale of stock, but the transaction investor would also have already realized his profit (from the built-in discount) before ever making the contemplated investment.
The suspected predatory risk associated with preferred investments is not exclusive to the potential exploits of the transaction investor. Transaction traders are also suspected to exploit preferred investments. Most preferred investments are made by organizational investors such as Cornell Capital and Laurus Funds with template terms that include a registration of the underlying common stock. A transaction trader might watch for such registration statements and begin selling short in anticipation of a company’s share price going down once the organizational investor begins converting their preferred security into the underlying registered common stock and selling that stock into the open market.
The preceding are only some highlights of the risks associated with preferred security investments. Nonetheless, preferred security investments can be beneficial capital facilities for start up and small high growth companies. Ideally, preferred security investments are structured in a manner that excludes transaction investors from hedging or shorting against the preferred position. Hopefully, regulatory enforcement prevents transaction traders from potentially selling short in anticipation of illegally profiting from a reduced share price that might result after the registration of a preferred investment. On the other hand, companies issuing preferred securities might be advised to implement supporting strategies to guard against the potential risks associated with transaction investments.
NewMarket Preferred Securities: Summary and Strategy
NewMarket has utilized convertible preferred securities to access investment capital. NewMarket has also utilized convertible preferred securities to acquire operating assets and proprietary technologies. The Company has taken every measure possible to guard against the potential predatory risk associated with the use of convertible preferred securities.
NewMarket has not raised any money with an organizational investor in well over a year. The history of organizational investments in OTC firms is rich with share price collapses shortly following convertible preferred security investments. This history combined with NewMarket’s own courtship of organizational investors has made the Company shy away from the organizational investment community.
NewMarket has only ever entered into three investment transactions with organizational investors. The sum of all three investments is less than $3 million and none of the three transactions requires NewMarket to file a registration statement. In turn, none of the investors has the ability to sell for one year and none of the investors can sell prior to two years without publicly disclosing their intention to sell.
The majority of investment capital that NewMarket has received has been provided by VergeTech Inc. (VTI) in a related party transaction. VTI is a company founded by the Verges family in 1997. In 2002, VTI sold its assets to NewMarket in exchange for a convertible note that ultimately resulted in VergeTech’s ownership of 22 million shares of NewMarket stock. VTI still owns 22 million shares of stock and does not currently have any plans to sell stock. VTI has encumbered its 22 million shares of stock as collateral to borrow capital that has then been entirely invested in NewMarket. The money has been borrowed from friends and family. VTI’s investment in NewMarket is in the form of a loan secured by a note convertible into 40 million shares of stock. VTI’s related party transaction has been reviewed by the NewMarket board of directors with my abstention. VTI’s intention is to seek repayment of its loan in cash and to cancel or minimize any conversion into the 40 million shares.
NewMarket has primarily utilized preferred securities to acquire operating assets and proprietary emerging technologies. NewMarket has six active issues of preferred stock. The preferred stock has been designated by letter and the active issues are designated as series C-H. All six series have been solely utilized to acquire operating assets and proprietary technology. NewMarket has acquired three additional operating and proprietary emerging technology assets using cash or notes payable solely in cash. No active preferred stock has been issued to raise capital. Series A and B were declared and issued in exchange for investment capital prior to the tenure of the existing management team and have since been retired. Out of the six issues of preferred stock only one is currently being converted into common stock for the benefit of the sellers. The terms of the original sale agreement restrict the preferred to incremental conversions over time. The other five preferred stock issues are restricted from converting and selling. However, two of the five have been provided in part as collateral in exchange for loans directly to two operating subsidiaries. The total of the loans is less than $1 million.
NewMarket’s future plans in regard to the existing preferred stock associated with the acquired operating asset and propriety technology properties is to mitigate, if not eliminate any conversions into NewMarket common stock. NewMarket is currently structuring a consolidation of its systems integration companies into a single systems integration subsidiary. The intention is to exchange NewMarket preferred stock issued to acquire systems integration assets for equity in the new subsidiary systems integration company. Furthermore, NewMarket intends to similarly exchange NewMarket preferred stock for equity in the eventual spin-off of proprietary technologies.
NewMarket has slowed the use of preferred stock in its ongoing acquisition campaign to expand operations and add to a proprietary technology portfolio. Recently, for instance, the Company announced the planned acquisition of UniOne in Brazil in an all cash transaction. NewMarket is further slowing its use of preferred stock by improving its ability to leverage subsidiary securities for funding and acquisitions specific to the subsidiary business operations. Last week, NewMarket China announced a $1 million direct investment.
In summary, the Company’s strategy has been to move away from organizational transaction investors. NewMarket has been able to make substantial progress in its goal to move away from the organizational transaction investment community by leveraging the assets of its own founders and management. The primary use of preferred securities has been to acquire operating assets and proprietary technologies that may never be paid for with the Company’s common stock given the planned spin-off strategy. If preferred stock issued to acquire operating assets and proprietary technologies is ultimately converted into common then ideally it will be less common than would have been required at the time of purchase. For instance, NewMarket’s share price was $0.17 at the time it acquired Infotel.
The Company is making deliberate strides toward the transition from leveraging transaction resources to leveraging fundamental resources. This transition will fuel the market valuation transition from a transaction basis to a fundamental basis and vice versa.
This is an exciting time for NewMarket. Though near a 52 week low, perhaps not an easy time. We are in a transition from being recognized for our transactional value to being recognized for the fundamental value we have quietly been building over the last three years. We have had no sustained market capitalization growth in 18 months while our shareholder equity has otherwise increased 500% to $26 million and our sales have grown over 18,000% over five years to a current annualized revenue run rate of $60 million. We are poised to be "discovered" by Wall Street and the institutional investment community as an undervalued company with basic financial fundamental strength greater than what the current share price reflects.
Best Regards,
Philip Verges
CEO and Chairman
NewMarket Technology Inc.
visit the NMKT message board on Yahoo Groups leanr more about how the Raging Bull is permitting majornaked shorting and pump and dump operations,.MO only
To read more about NMKT and the Raging Bull go to the Yahoo Group message board for NMKT.
Berlin Bourse.
Quite correct. But the naked shorting is keeping the share price at artifically controlled low level.
Another activity which IMO may be attributable to the EVEN group is ANLT. This is a 40 year old company who until recently was the leader in GIS services mainly to power line and other large distribution companies. They have fallen on very hard times-lost their experienced management and hired in inexperienced replacements and have lost most of their technical talent. BUT the have no debt and a very small float. These characteristics make their share price vulnerable to manipulation. When the SE Asia Tsunami hit a group of pumpers and dumpers started peppering this board with messages tending to cause the inexperienced to believe that ANLT would get large new contracts to expand the existing US Early warning Pacific tsunami warning system. They drove the price from about $2 to almost 4(. But of course that price collapsed as fast as it rose. Since then the same P&D cycle has been repeated 9 times with the latest ploy being the hurricanes in Louisiana and adjacent states.I made it a habit to visit the ANLT board daily and debunk these pump posts. Now I cannot even access that message board let alone post to it.
Shavitani I heartily endorse your remarks about Even but I wish to point out that IMO EVON is an alias used by a number of bashers all of whom are coordinated by the head EVEN If you open any post he makes on the Raging Bull Board and then click on hois name you'll be astounded by the number of messages he posts in a 30 day period. That number is im[possible for a single human being to author in that months time frame.
Like you I am suddenly finding I cannot post to any Raging Bull message board. How did you get restored. I can't even get any answer from Lycos and Raging Bull help is also mute to my requersts for assistance.
Appreciate a reply to me at tele.phonics41@lycos.com. Yes my lycos e-mail does work. TIA
Changing the stock symbol has no effect of Naked shorting. Only re-registration of the shares will do that. If the company moves to the AMEX all legal shares will be re registered with new Cursip numbers and any naked shares will become dinosauers. That is they will no longer be of any use to anyone-even to the naked shorters.
Even EVEN can't fault your statement.
Not difficult to find the MMs. But what you should be looking for is an unethical hedge fund naked shorting with the assistance of bashers ad infinitum on every board devoted to the company they are attacking. You should als scan thru the SHO regulations.
Suggest you clean your glass and re read your source document again.
Even nd Company Postings--a world record!
What do you think of EVEN? - One Man????
Membermark EVEN
This person already appears as one of your ignored members.
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Last 30 posts
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)