Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
info must have gone out
anybody got anything ???
IWEB, looks like flying THIN ASK !!!
ASK IS SOOO THIN !!!!!
that volume speaks for itself
we're all locked and loaded
wow look at that chart !!!
IWEB MAJOR VOLUME
MAJOR volume reversal comming
oh yee, spread the word
IWEB HIGH VOLUME ALERT !!!!
http://investorshub.advfn.com/boards/board.aspx?board_id=5196
IWEB HIGH VOLUME ALERT !!!!
http://investorshub.advfn.com/boards/board.aspx?board_id=5196
looks like yesterday's sell volume is eclipsed with todays buy volume
can't call it a reversal yet, but sure does look like somethings brewing up here
IceWEB Receives Order from Cloud Computing Service Provider for an IceWEB 6000-HR Unified Data Storage System
IceWEB, Inc.™ (OTCBB: IWEB), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that it has received an order from a New York City-based cloud computing services company. The Model 6000-HR will be deployed in their cloud-based, VMware server environment.
According to market research firm Gartner, Inc., the market for disk storage in cloud computing deployments is forecast to grow from $267.4 million in 2010 to $1.45 billion in 2015 and is on pace to total $417.3 in 2011, a 56% increase from 2010.
"Cloud computing providers from all over the nation are showing ever-increasing interest in our high-end storage platforms," said Mr. Tim McNamee, IceWEB VP of Sales and Marketing. "IceWEB has maintained a serious presence in the cloud computing space for a number of years and it is now starting to pay real dividends. Many cloud providers are in the early build-out stage which is why this segment of the market is growing exponentially faster than the overall market."
The IceWEB Model 6000-HR is a highly-redundant, dual-controller configuration that scales to 224 TBs with affordable disk shelves, saving the customer the expense of adding controllers to just add capacity. The 6000-HR supports ENT SAS and MDL SAS drives. Because IceWEB's VMware integrated, unified data storage systems support both file and block data, cloud computing providers are able to dramatically reduce the amount of hardware and physical storage they need to support a growing and diverse customer base.
All IceWEB Unified Storage Platforms are available through the Company's exclusive value-added distributor Promark Technology (800-634-0255). Promark markets IceWEB products throughout the United States through its nationwide network of 1,200 channel partners. For more information, please visit www.promarktech.com.
Never blamed market conditions for depreciation of otc security
General market has little to do with over the counter traded securities
Market conditions for iweb include such things as no prs in three weeks - unpredictable, no merger closing - unpredictable, and etc etc
Market makers are aware of sentiments. They have teams of people who monitor these things. Market makers capitalize on weakness of buying pressure. Fear is their most effective tactic. That is how they make money. I am fully aware of management's shortcommings and never denied sigs inadequate behavior as a ceo of a public co.
Once again I ask not to misrepresent facts
It is what it is
Blame who you wish, the market will dictate the future direction of pps and market conditions are the factors which help the market decide where we headed...
AJMHO
GL
Oh gee, and look at this bid support now hmm wonder how that happened
This is market maker manipulation at its finest imo
scare tactics always worked
Predictability of market conditions has less certainty than a weather forecast
Enough said is right
Buy fear
Sell greed
the chart got my attention, very bullish
then I looked at all the filings and pr's
you guys got something in here, a real deal perhaps
I'll be monitoring pps action for an entry
indicators might be somewhat overextended (RSI, RMI, MACD)
but with the right co. developments these could be just the first baby steps toward .06cent target price
looking good, glta
AJMHO
Definitive Merger Agreement
Sig obviously has a problem with estimates (dates, numbers, etc)
I'm betting on Dale's team now, not on Sig. I am glad he's leaving operations to professionals in the field.
Imo a bit too early to jump to conclusions on management's operational abilities...
Iceweb management owns more than 15million shares of company stock. (Bet.CEO&CFO)
Management of promark has a track record of 20 years in the business
Interests of stock holders are interests of the management, there's no indication of a mess. Not closing on a DEFINITIVE merger agreement on ANTICIPATED dates doesn't indicate a mess. All it shows is that both companies are working around the clock through bureaucratic processes in order to close the deal and increase holders equity.
The three 'pumps' were paid for by THIRD PARTIES. Iceweb pays their IR firm enough money and does not need to artificially inflate the price. Their official prs are straight forward. There is no need to falsify information to make management look bad. It is what it is and real investors know what they're holding on to.
As far as support and resisitance goes, like I said before, all indicators are pushing the boundaries of this bearish period and we are yet to break decisively .15s. Imo the lowest we go here is we might retest .13 cents and I can hardly see any volume there. But keep in mind, a major contract, merger update, can get us back up to .20cents in first hr of trading
And we are still a BUY OUT CANDIDATE!!!
You can check sales figure at your own time, they are easily accessible
Iweb is not selling candy and chocolate, they are not selling 'impulse' products
Its not tea, not coffee
They are selling TECHNOLOGY OF THE POST PC ERA
For businesses to realize the benefits of changing to cloud infrostructure will take YEARS, I'm talking about local businesses, law offices, billing, accouunting firms, they will all dump pcs for much more reliable and cost effective cloud servers
This transition will take time
Those entities that have big IT depts providing advise are already switching to the cloud
Gov't being the first in line due to their need of resources (data storage, security, accessability)
Enterprise customers are close behind
And iceweb is expanding precisely into those markets with proven contracts
Sales might be slow now, but once again, this technology is in infancy and customer will come around in very surprising numbers imo current pc backed IT infrostructure is proving not to be able to sustain data growth and managing it wil be more costly. FUTURE IS IN THE CLOD!!
Imo
a company that is expected to see triple digit growth yoy is on a verge of breakdown??
the sector this company is in will outperform the markets
not only that, but this company has a REAL business and REAL clients
their business model has been refined over the years
they are PARTNERS of GOOGLE and VMware CERTIFIED !!!!
they have sold multiple platforms to United States Government agencies through GSA contracts !!!
its fairly easy to see what we got at hand here
market conditions fluctuate and that is by no means reason to believe that this security is on a verge of a breakdown !!
have to agree.. i just took a look at their financials - all the signs are there
-Accumulated deficit (64,206,999)
-Related party notes were converted to common and preferred shares at April 5, 2011
-the Company incurred net losses of approximately $510,000 and $513,000, respectively, while cash provided (used) by operations was approximately $233,000 and ($369,000).
-In April 2010, the Company amended the Articles of Incorporation to increase the authorized common shares to 250,000,000.
-Net cash provided by financing activities $195,928
Their cash position of $420k, half was provided by issuing common shares.
They will keep amending A/S every year
Dilution is imminent
Business model and revenue streams are weak and their sector is not expected to see substantial growth, look at the trouble siri went through
I'd be glad to take my money and run if I had an open position here, they're hardly worth .007, cant understand why anybody would pay .07 for their worthless shares
all IMO
GLTA
check out CMF (money flow) and Acc/Dist on this chart
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67539517
imo its hard to imagine retail investors being profitable by getting out here
...the pps might go lower, the co. will do what it needs to do to raise that $10mm capital so they could close this merger...even if the price is lower pps,
once deal is done pps will rebound so in any case I got my buy orders set, when there's blood on the streets we BUY !!!))
a breakdown would be a high volume sell off
we are yet to see any sell volume at these low prices
for a stock with 147mm O/S 5k to 10k trades are irrelevant and by no standard indicate a 'break down'
buy side volume of half a million shares will take us back up through the teens in a heartbeat, but till buy side volume comes in we might continue to test lower support levels(.13) at low volume
I, on the other hand, have more than enough reasons to believe that the merger will close
time frame to me makes little difference at this point
My suggestion to those who can't tolerate risk is to look for investment opportunities somewhere other than the OTC market !
Management of Iceweb stated in March'11 that they are merging with USI, they've restated that everything is going as planned in August...I for one am satisfied and not at all interested in daily merger updates. Update me when the deal is done and my shares are worth 3x to 7x current pps
Investor relations number is available in ibox for those feening for an 'update'
please refer to
user handbook
as well as TOS
follow the guidelines to avoid post deletion
If you feel your post was removed without a just cause on our board please refer to me or IH Admin to restore your post
As a current holder, I'll agree, as any other investor would, that the merger SHOULD have been completed by now. After all, we are in here to make profits and a speedy turnaround maximizes our ability to do so.
With that in mind, its absolutely natural to observe the current sour/negative market sentiment hanging over the stock ever since the second deadline passed. Even one glance at our board is enough to see this, let alone the pps action.
So what do we have here? A bunch of impatient investors, who got their money tied up for longer than they expected, blaming the management for incompetence, deceit, for botching the deal, and some even threaten 'lawsuits' and A.G. complaints (all of which are groundless and are posted here for purpose of creating a dramatic effect and by no means is anybody ever going to act upon them) ?!?!
Not to be disappointed, we should revisit the merger process.
Merger was announced March 7, 2011. But realize that on March 8 the Agreement was already filed with SEC, meaning that the two companies have been in talks FOR MONTHS BEFORE. If we study the balance sheets, it appears that Iceweb started downsizing operations in preparation for this merger. Promark is a much bigger company and the "merging into a shell" comment i read here before does make sense. Last quarter, expenses and revenues were decreased to a minimum. And it appears that they are investing in Research and Development from all the latest additions to and optimization of their product offerings. They've positioned themselves to capitalize on industry growth by offering competitive products at competitive prices, competing with likes of Lefthand and 3par
MERGERS COULD TAKE YEARS to complete. The whole process is strenuous and time consuming.
Definitive Merger agreement states that USI is due $10mm in cash along with stock options/conversions for usi holders. This exchange requires financing.
From what I understand after talking to IR, the merger will consummate as soon as USI holders receive the $10mm payment, as all terms have already been agreed upon.
Declining stock price might play a role in the delay as well.
We also know that both CEO & CFO of Iceweb have millions of shares (about 20 million combined) of company stock.
So trust me, those two are much more worried than we are seeing lower pps, it is in their best interest as well as our to see minimal dilution and a higher price.
Also review insider transactions, insiders are not selling shares, instead holding and adding more...
SOME FACTS
Iceweb platforms are VMware Ready and are available on VMWare catalog
Iceweb has a partnership agreement with Google
and has since sold a few Geospatial platforms
Iceweb's customer list includes:
Government Agencies (Department of Defense, Department of State,Department of the Interior)
Business/Ennterprise Clients (BroadAspect, InfoRelay..)
Chart looks like we might be testing support at .13 soon, bid looked weak yesterday, but hen again chartsw weren't too helpfull lately. In either case, I have no problem averaging down here :)
JMHO
Patience just might pay off !! in a BIG way
GLTA
Is FINRA not the one providing short sale numbers?
http://regsho.finra.org/regsho-September.html
OTC stocks are found on the bottom under "ORF"
Short volume for IWEB is always present, meaning that it is possible to short the stock
making sure that all our shares are in CASH will/does decrease the amount of shares that BD will allow to borrow for shorting JMHO
IWEB volume picking up
300k shares traded so far, most on the buy side
merger with promark tech scheduled to consummate EOM Septemeber
update expected within next two trading days!!
http://investorshub.advfn.com/boards/board.aspx?board_id=5196
wow those indicators are screaming BUY
accumulation is amazing
conference call announcement would do us justice in terms of moving pps north imo, soon enough...
IWEB ask @.1849 poised to rally CHART
http://investorshub.advfn.com/boards/board.aspx?board_id=5196
check these charts
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67539517
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67185689
IWEB recovered from shakeout and looks poised to rally
shares getting tight at the ask
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67539517
IWEB ask getting slapped today !!
check this chart
sweet action today, love the buy side volume
Sig might have missed a few forecasts
but realize this, there is another entity involved in this deal besides Iceweb
Promark, not Iceweb, carries most weight in this transaction even though they are dropping their name. (Promark will contribute 10:1 in Assets to new entity, 20mm vs 2mm)
Any further missed forecasts are now affecting Promark and their 20 year reputation as a credible and reliable provider of tech solutions. Dale Foster is a business man with a track record and I'm sure his team was well aware of the situation before the merger decision was made...
today's STATS and RAW DATA
after looking through this data, gota agree with you on it being a shakeout...
all happened within the last hour of trading and looked like panic selling/stop loss orders being triggered at .16
if that 15:14 trade was indeed a buy @.15, we had 245,000shs bought within the last hour vs. 190,000shs sold on the bid, but bid continued to drop regardless of the buys going through...
imo some holders definitely got shaken out today(anyone who dropped below .15) but even so acc/dist. does not show any considerable change...
here is a $ amount breakdown of trades at each price level
your just in time for the party
welcome back
etmm finally moving up the bid from .15 (where they stood for over a week) to .1837
all in all, looking mighty good here,
market price correction in progress
nice to see volume come up from below average to average, but still waiting on those way above avg vol days to get pps where we have to be prior to merger close imo that should be around .30
iceweb is way undervalued
friday power hour seems like traders are making their bets right now to hold over this weekend and imo probably throught the eom
gtla to all aboard the train
IWEB ask getting hit POWER HOUR eom