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SSPC filed a PRE 14A for the annual shareholders meeting to be held on Jan 9......
They will vote on a 1:15 reverse split.
Chuck, apparently Ameritrade got so much flack from that announcement they reversed themselves.
I've heard from traders who had no problem getting filled on a sub-penny stock buy order late in the day.
Everything seems to be back to normal.........Jeez!
A question about trend reversals.......
When you're watching a stock in a downtrend, what indicates a reversal?
One buy order? Two? A large buy order? An uptic? A couple of uptics?
This is a serious question. I'm trying to be a little more exact.
TIA
XKEM, at .15, is taking some hits today.
Even though this is a short week, I wouldn't be surprised to see .12 by Friday's half-session.
USXP, at .07 is also taking some hits..
Looks like Ameritrade is doing some fancy backstepping because of that statement about not trading high volume low priced stock.
We should see an interesting story unfold.....:)
Wise, re the IVOC PR............
I find one paragraph in that PR to be rather troubling.
"iVoice has been informed that Ameritrade has made a business decision to no longer trade low priced high volume common stocks, including iVoice's common stock. ".
My currant Broker is BrokerageAmerica, whom I consider to be one of the best in the business......but, alas..
About a month ago they announced that the accounts for all their non-commercial shareholders have been sold to Ameritrade.
Most of those accounts, including mine, are low priced high volume stocks.
What a can of worms! If Ameritrade is no longer going to trade those stocks, why buy them from BAMM in the first place?
Of course, I'm on the outside, but I don't see any profit potential there.
Looks like I'll be shopping for a new Broker in a month or so.
Sigh!
Chuck, I was just looking at a year chart for RCNC...
It's getting into a support area now, but could get down to about .70 before any real support.
If it breaks through this area, IMO, you may be able to buy it a lot cheaper.
The "X-factor" is the recent Mgmt changes...
FNIX news............
SALT LAKE CITY, Nov 25, 2003 (BUSINESS WIRE) --
Fonix(R) Corp. (OTC BB: FNIX), an international provider of leading speech interface solutions, announced today that it has signed an agreement in principle to acquire all of the capital stock of LTEL Holdings Corp. Privately held LTEL has two wholly owned subsidiaries, LecStar Telecom Inc., an Atlanta-based competitive local exchange carrier, and its sister company, LecStar Datanet Inc., a provider of Internet services to business and residential customers. The stock and debt transaction will involve consideration valued at $33 million. The transaction provides seller financing on terms favorable to Fonix.
The acquisition of LecStar is anticipated to significantly accelerate Fonix's growth strategy by providing a recurring revenue stream, a growing customer base and new marketing channels. LecStar's customer base -- which historically has been growing at an annual rate of 60 percent or better -- provides a predictable revenue stream and reduces Fonix's cost of capital. LecStar's revenue grew from $4.9 million in 2001 to $9.7 million in 2002 and the company expects to report approximately $16 million in revenue for the year ending Dec. 31, 2003, and expects to be EBITDA positive for the fourth quarter.
LecStar's customers also offer a unique direct marketing and distribution channel for Fonix's speech technologies and solutions. This combination will give Fonix immediate access to LecStar's growing customer base, enabling Fonix to bundle its telephony and mobile/wireless speech interface solutions with LecStar's telecommunications services. In addition, LecStar's utility partnerships offer significant opportunities to expand Fonix's marketing channel with system integrators like Meridian, which recently deployed its voice-enabled 511 road traffic information system featuring the Fonix speech solution.
In addition to LecStar's stable and growing revenue, Fonix will pursue its market-leading position on Microsoft platforms such as Xbox, PocketPC and SmartPhone mobile/wireless devices as well as Symbian devices. Fonix will continue its integrated corporate collaborations with Motorola, Intel, Hitachi, Renesas, Oracle and Seiko Epson.
The acquisition will immediately enable Fonix to prudently seek opportunities to acquire other local exchange carriers to further expand the existing customer base, providing Fonix with substantial additional value-added offerings and services to telephone customers.
'Fonix's acquisition of LecStar holds tremendous promise for our company, our shareholders, our customers and our partners,'said Roger D. Dudley, executive vice president and CFO of Fonix. 'Fonix has a significant presence in the speech technology and solutions industry, serving the leaders in electronics manufacturing, software, automotive and telecommunications. This transaction significantly accelerates our ability to grow our licensed business by providing recurring revenues to fund continued efforts in sales, market channel expansion and product development, which are key growth drivers in the evolving speech technology and solution industry.'
'We are very excited about the added benefits and services that this transaction will make available to our customers,'said W. Dale Smith, president and CEO of LecStar Telecom. 'This combination will give Fonix immediate access to our growing customer base, enabling Fonix to bundle its speech products and services with our telecommunications services to offer robust speech solutions. Additionally, our utility partnerships offer further opportunity to market the vast array of speech technology solutions and services in the mobile phone and mobile learning markets to an even broader customer base. Our customers will continue to receive the same high level of service and support and will benefit from proven and ready-to-use speech solutions for mass market systems and devices.'
Dudley added, 'LecStar is unique among its carrier peers. It has taken a measured, controlled approach to investing in its network and building its customer base, and unlike many of its competitors, has continued to grow its business throughout the downturn in the telecom industry. The result is a company with solid fundamentals, a growing customer base, robust service and product offerings and a deep, talented management team with significant experience in the telecommunications industry.
'In addition to the operational and marketing synergies this combination offers, down the road we also see opportunity to use LecStar's expertise to expand further by taking advantage of valuations that will be immediately accretive to earnings to add to our customer base. We will explore this avenue of growth in a very prudent, cautious way and will seek additional acquisitions only if they meet our very rigid standards.'
In a cashless transaction, Fonix will acquire 100 percent of the capital stock of LTEL Holdings Corp. from its existing stockholders for total consideration valued at $33 million as follows:
-- Holders of LTEL's common stock will receive $3,000,000 of restricted Fonix common stock, which Fonix will register within 120 days after closing. The number of shares of common stock issuable at closing will be equal to $3,000,000 divided by 90 percent of the average closing bid price of Fonix's common stock for the 30 trading days immediately prior to the third trading day preceding the closing. Holders of LTEL's Series A and Series B Preferred Stock will acquire: -- $20,000,000 of Fonix's 5 percent non-convertible, non-voting preferred stock. The dividend on the preferred stock is payable at Fonix's option in cash or registered shares of Fonix common stock; and -- A secured, non-convertible, promissory note in the amount of $10,000,000. The assets of the LecStar subsidiaries of LTEL will secure the note. The note will be amortized over 10 years, accrue interest at 5 percent and will mature six years after closing.
LTEL (including its LecStar subsidiaries) will operate as a wholly owned subsidiary of Fonix and will retain its current management team. Financial statements will be consolidated beginning January 2004.
The closing of the acquisition is subject to usual and customary conditions for a transaction of this size and type, including satisfactory completion of due diligence and negotiation and execution of definitive agreements. While there can be no assurance that Fonix will be able to complete this acquisition, Fonix anticipates that it will close the purchase by Dec. 31, 2003.
About LecStar Telecom Inc.
LecStar Telecom Inc. is a rapidly growing Atlanta-based regional provider of integrated communications services to businesses and consumers. LecStar offers a full array of wireline voice, data, long distance and Internet services to business and residential customers throughout BellSouth's Southeastern operating territory. The company is certified by the FCC and nine states -- Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee -- as a competitive local exchange carrier to provide regulated local, long distance and international telecommunications services.
linchuck, I think it's more involved now.
I don't think these management changes coming at this time are a coincidence.
Their earnings are still on the plus side, but are falling off rapidly.
But, who knows........they may announce something really big to make it a whole new ball game.
dsertrat, SNVBF, at 1.75, has doubled since the first of this month.
Today, they are up another .18
This could be a ride.......wish it were cheaper......:)
RCNC just filed a 8K....more about.....
RCN Corp is a NAZ SC company now trading at .97
The PPS has been on a downtrend and, if they don't get it back up over a dollar in about three weeks they will be in jeopardy of losing their NAZ listing.
Today's filing just confirms a PR posted on Nov. 21 announcing management changes......ie; a Management shakeup.
IMO, if they don't get the PPS back up over a dollar, this could be a prime candidate for a reverse split.
If this happens, the split could be as low as 1:2 or over 1:100, depending on how much they would want to reduce the OS, which is 111,198,478.
At .60 EXTI is up 20%..eom
hey yo, if you're in it, congrats.eom
yeah, USXP just issued another PR saying basically the same thing, but also that they will continue looking for an airline.
At .073 right now it could drop lower.
FWIW, I still think it's a good company and will eventually progress.
I originally bought in at .052.
Took a nice double and may be able to do it again....:)
XKEM is now .17 and still looking weak.
Linchuck, you're fast...I just saw the PR.
The PPS was hammered down to .071, but has recovered a bit.
.08................I'll wait.....:)
At .185, it's time to watch XKEM for a bounce.....
Twice in the last four months the stock has dropped to .10-.12 range then bounced for 200+%.
As a result of their 1:3000 RS about five months ago, the OS is only about 3K and very volatile.
Trading is heavy on USXP..downtrend.eom
HYVR raised the ask to .04..This is a double from about a week ago.
Three Pennystocks have raised their ask pre-opening..
SWEB .305
ADVC .0025
EXTI .53
Something to do for a Sunday.......
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Morn'n all...This coming week is basically a three-day week. The Exchange will be closed Thursday and open a half-day on Friday.
I don't expect a lot......:)
These are three of the small cap volume leaders on Friday;
IDNW......at .035, I'm looking for a gap down, losing gains from a double in the past couple of weeks.
AVR....at .27, looks like it will continue up for a double from the last couple of weeks.
UAX...at .27, also ran for almost a double in the last couple of weeks, but showed weakness on Friday. May gap down,,(profit taking?)
Arctec, ARRRGHH, CMKM at RB!!!
Please don't judge me by my posts there.
For a year now it has been nothing but fun and games to me.
I like to mix it up with some mis-informed poster, but it's all one big joke.
Also, around the first of the year I heard that RB had to cut back on their programmers.
They were/are losing money.(I can understand why)
I doubt that they will be shutting down anytime soon. They will probably just be sold over and over again for cheaper prices as the old owners move to cut their losses.
Meanwhile, let the games continue......:)
Linchuck and Arctec.............
Until early last week I watched USXP closely.(held shares).
They are very good about PRs and keeping investors informed.
If this story is true, I can see them being a little reluctant to post any information, but I'm sure they will.
On the other hand, if this is a bogus story I would have expected a company PR immediately.
If I see it dropping Monday morning......I'll wait.
re QTFV............
I don't want to sound like I'm pumping this, but take a look at this company.
For the past six months or so they have been setting up distribution for their NicoWater.
In the last month or so they have announced that it will be sold through several national chains.
Marketed as an alternative to smoking, the drinking water contains nicotine.
This company is the only manufacturer of this product..
About three months ago they showed a loss of 7.66 per share.
This month they show a plus figure of .05 per share.
I expect forth quarter financials to look good and first quarter financials even better.
Their OS is 46.6M, as of a couple of weeks ago.
I'm in and holding.
Arctec, when did that news come out on the USXP/airline?
Apparently it wasn't a USXP PR.
If this news hits Monday it could push it all the way back down to a nickel.
I got completely out at .109 and was waiting for a drop back down to the .07-.08 area to buy back in,
But now, I'll just take a wait and see stand.
FRCD news update............
VANCOUVER, Nov 21, 2003 /PRNewswire-FirstCall via Comtex/ --
Fairchild International Corporation (OTCBB:FRCD - News) Further to its news release of November 6, 2003, Fairchild wishes to clarify its interest in the natural gas prospect in Goliad County, Texas. Under the terms of an agreement with Patch Energy Inc., a closely held Canadian company associated with Fairchild, the Company has acquired the right to earn a 1.875% participating working interest in a test well and any further development of the prospect lands. In order to earn this interest, Fairchild has paid $7500 to Patch on account for its share of the project acquisition costs and will be required to pay 2.5% of the costs associated with the test well and 1.875% of the costs associated with any further development of the prospect lands.
For further information contact: Corporate Communications at 1-888-864-7372 or http://www.fairchildinternational.com
EVSC news,(at .325, +30%)....
MONTGOMERY, Texas, Nov 21, 2003 (BUSINESS WIRE) --
Endovasc Inc. (OTCBB: EVSC), a drug development company that pioneers new cardiovascular and metabolic drug therapies, announced today that its first clinical site in the Republic of Georgia has already identified and prescreened 18 candidates. These patients, who suffer from peripheral vascular disease (PVD), but do not require angioplasty, have already undergone a series of tests and will be treated with Liprostin as soon as the drug is received.
Dr. Diane Dottavio, Vice President of Research and Development, stated, 'We have arranged with Pyramid Labs, Costa Mesa, CA, to have Liprostin shipped to the Georgian Angiology and Vascular Center on Monday, November 24. In speaking with Dr. Mamuka Bokuchava, principal investigator, he reported that at least fifteen patients have been prescreened and have already undergone preliminary tests to measure their pain free walking distance.'
Endovasc's multi-center, 120-patient, open-label, phase II clinical trial will measure PVD patients'walking distance and leg pain over the three-month duration of the trial. The multinational trial is being supervised by Dr. Fred Lowrey of Pharm-Olam International's Houston office.
According to Dr. David Summers, Endovasc Chairman and CEO, 'The start of this trial marks a significant milestone in the development of Liprostin. We are extremely excited, as we will be able to monitor the progress of these patients for the duration of the three-month trial period. We feel confident that we will see a positive trend in the patient population indicating the efficacy of Liprostin.'
More than 750,000 people in the United States suffer from Critical limb ischemia, which leads to amputation for approximately 200,000 people per year. Up to 10 million people in the United States suffer from severe leg pain (claudication) and non-healing ulcers, both of which result from CLI. Peripheral vascular disease is linked to cardiovascular disease in general, and is often associated with atherosclerosis, diabetes, lifestyle and aging. CLI is a very severe condition of peripheral vascular disease; there are currently no drugs approved for its treatment.
QTFV in on TV...news.....
{b]LOS ANGELES, Nov 21, 2003 (PRIMEZONE via COMTEX) --
MoneyTV is the nationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with CEOs, insights into their operations and outlooks for their futures.
Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.
The television program can also be viewed online immediately at www.moneytv.net.
Featured companies on this week's show, include:
QT5, Inc. (OTCBB:QTFV) President Steven H. Reder introduced the company's NICOWater product, a bottled water that satisfies nicotine cravings in tobacco users. NICOWater is available in Long's Drugs, Rite Aid and many other retail outlets.
PracticeXpert, Inc. (OTCBB:PXPT) CFO Michael Manahan announced the company's operations in Texas.
Semotus Solutions, Inc. (AMEX:DLK) CEO Anthony Lapine, speaking from the NIBA Convention in Atlanta, announced details of the company's 10Q.
RBC Dain Rauscher Senior Vice-President Irwin Shapiro analyzed the effect economic conditions have had on the bond markets.
Susan Dumeyer reports on the week's activities at the American Stock Exchange; Jack Bouroudjian analyzed the market from the Chicago Mercantile Exchange.
Viewers of MoneyTV can receive free information in the mail about featured companies by calling the toll-free phone number on their TV screen. The weekly television program debuted in 1996 and is broadcast nationally on Fridays at 11:30AM and 5:00PM ET, Saturdays at 1:30PM ET, Sundays at 6:30 AM PT, 8:00 AM ET and 11:00 AM ET, 8:00 AM PT and Thursdays at 6:30 AM ET.
MoneyTV is also broadcast as the MoneyRap radio program in several key East Coast markets and on KMET-AM1490 in Southern California.
A complete menu of TV and Radio listings is available at the MoneyTV web site, http://www.moneytv.net
hey yo, did you mean .002 re CESY?
Or are we taking about two different stocks?
The CESY I saw is currently .0023X.0026
The PPS has fallen off in the last week or two and the volume has fallen off in the last few days.
IMO, it doesn't look like it's going anywhere soon and, if you wait, you can probably get a little better price.
HMMM, one little PR on QTFV seems to have had a dramatic effect.
At .087 it's up about 15%
I hope the company realizes this.....:)
PTSC filed a form 4....more about....
These form 4 filings,(there are several), are being filed by the Executor of the Helmut Falk estate, Gloria Felcyn.
Falk was a Director and major shareholder who died with his boots on.
At first I thought she was dumping the Falk holdings, (over 10M), and distributing the proceeds to the heirs.
But, today's filing was a buy which has boosted the Falk holdings to over 13.6M.
Either the heirs decided to start reinvesting the Estate funds or this is a case of insider trading.
The previous form 4 filings, most if not all were sales, were probably helping to hold the PPS down.
Now, if the buying keeps up, this could move.......IMO
QTFV news.....
WESTLAKE VILLAGE, Calif., Nov 20, 2003 (PRIMEZONE via COMTEX) --
QT 5, Inc. (OTCBB:QTFV), manufacturer and marketers of NICOWater(tm), the breakthrough Homeopathic Nicotinum (nicotine) product designed to relieve the symptoms of tobacco cravings, today announced that it has signed an exclusive distribution agreement with STI Distribution for the rights to market and sell NICOWater(tm) in the Republic of South Korea. With over 14 million total smokers, South Korea represents the ninth largest tobacco market in the world and a significant opportunity for the Company.
The South Korean Government recently passed revisions to the Public Health Improvement Law, which took effect July 1, banning smoking at buildings with more than 3,000 square meters of floor space and at hospitals, schools and other places where large crowds gather. In a country where a full 68% of adult males smoke, the demand for an alternative like NICOWater(tm) is tremendous and built-in.
Mr. Woo Young Kim, STI Chairman stated, 'I am honored that QT 5 has chosen my company to introduce NICOWater(tm) to the South Korean marketplace. This product is an ideal solution for millions of South Korean smokers who are suffering from the increased governmental restrictions. In addition to decreased productivity, many people are experiencing heightened anxiety from the inability to readily relieve the symptoms of tobacco cravings. STI has a strong history of fulfilling the needs of South Korea's consumers. I am confident that NICOWater(tm) will be successful everywhere that there are smokers and we are anxious to pioneer QT 5's international efforts.'
'We have proudly announced our recent successes in opening a number of leading Drug chains and regional distribution networks within the United States,'said Steven H. Reder, QT 5, Inc. President. 'The addition of our first International distributor represents a significant step in the execution of our strategic product introduction. Our company has been achieving results on many fronts and it is my conviction to continue to keep all of our constituents informed about our progress, and I look forward to subsequent announcements in the coming weeks.'
About QT 5, Inc.
QT 5, Inc. is a Delaware corporation formed in April 1999 as a manufacturer, distributor and marketer of Bio-Med testing and Homeopathic products. QT 5, Inc. currently manufactures and markets NICOWater, its breakthrough Homeopathic Nicotinum (nicotine) product designed to relieve the symptoms of tobacco cravings. QT 5 continues to do research and development regarding future products for lifestyle enhancements. QT 5, Inc. is headquartered in Westlake Village, California. For more information on the Company please visit: www.qt5inc.com. NICOWater(tm) is a Homeopathic Drug product that is sold under the FDA's Compliance Policy Guide Conditions Under Which Homeopathic Drugs May Be Marketed.
CWLC news..........
DENVER, Nov 20, 2003 /PRNewswire-FirstCall via Comtex/ --
China Wireless Communications, Inc. (OTC Bulletin Board: CWLC) announced today it has signed a strategic alliance agreement with a large Beijing-based ISP -- Beijing Sinnet Digital Technology Limited Company [Beijing Sinnet]. The two companies will cooperate in marketing and sales of broadband access services, making use of their respective resources. Beijing Sinnet provides Internet access services using fiber networks. China Wireless helps to extend the reach of Beijing Sinnet's network by its wireless technology where the fiber reach is limited or not available to customers.
This agreement with Beijing Sinnet marks China Wireless's first step of capturing a portion of data access services market in Beijing via agreements with ISP partners. There are 2,000 ISPs in Beijing, however approximately 400 are active. These ISPs require high bandwidth in order to serve their customers. China Wireless utilizes wireless technology to efficiently meet the broadband needs of their clients.
Mr. Brad Woods, the CEO and president of China Wireless commented, 'Cooperative partnerships with ISPs are an important step in our penetration of the broadband access services market. We see our agreement with Beijing Sinnet as an important step for China Wireless to capture a portion of this business.'
About Beijing Sinnet Digital Technology Limited Company:
Beijing Sinnet Digital Technology Limited Company ('Beijing Sinnet') was founded by Beijing Sinnet Telecom Group and other professional investors. Beijing Sinnet Telecom Group is under management of Beijing Telecom Administration Bureau and has made significant contribution to development of telecom market of Beijing City.
Taking advantage of its good business relations with major Telecom Carriers of China, Beijing Sinnet provides well-rounded telecom construction and network services. Beijing Sinnet is now developing data-based telecom businesses ranging from traditional IDC business to broadband-backed IP and multi-media services.
About China Wireless Communications, Inc.:
China Wireless Communications, Inc. based in Denver, CO develops, installs and markets wireless broadband networks and provides internet access through its operations in Beijing, China. Using reliable wireless technology, China Wireless provides the 'last mile'connection between their telecommunications partners and customers. Examples of applications provided are redundant high- speed backbones, Voice over IP, VSAT, transport connections which include IP data, video, and ISP services. The Company is publicly quoted on the OTC Bulletin Board under the symbol 'CWLC.'
VRA filed a form 424B3....more about...
The chart for VRA looks like it's setting up to move up on good news, but this filing should change that.
This filing is for 14 major shareholders/insiders to dump 36.4M shares
The currant OS is 324,717,288 and this will be added on.
The company is losing money and is forced to do this for, among other things, operating income.
corrected APXR news.........
SALT LAKE CITY, Nov 19, 2003 (BUSINESS WIRE) --
In BW5274 issued Nov. 19, 2003: Second graph, first sentence of release should read: In its continuing outlook to add value to the Land Division, Apex Resources Group Inc. has purchased a Lot (40 Acres) of land at Woodland Valley Ranch in Apache County, Arizona (sted In its continuing outlook to add value to the Land Division, Apex Resources Group Inc. has purchased a Lot (640 Acres) of land at Woodland Valley Ranch in Apache County, Arizona).
The corrected release reads:
APEX RESOURCES GROUP INC. LAND DIVISION ANNOUNCES LAND PURCHASE IN APACHE COUNTY, ARIZONA
Today, publicly traded Apex Resources Group Inc. (OTCBB:APXR) announces land purchase in Apache County, Arizona.
Apex Land Division
In its continuing outlook to add value to the Land Division, Apex Resources Group Inc. has purchased a Lot (40 Acres) of land at Woodland Valley Ranch in Apache County, Arizona. Located 12 miles northeast of St. Johns Arizona, this property is easily accessed from St. John. The drive time is approximately 15-20 minutes. All interior roads are private and maintained year round. The Ranch is comprised of over 32,000 acres of virgin wilderness with elevations ranging between 5,900 ft. to 6,800 ft. above sea level.
The Agreement to Purchase signed with First United Realty, Inc. requires a down payment of $2,440.00, monthly payments of $255.60 per month for 180 months for a total purchase price of $48,448.00. This is an extremely affordable purchase in an area of exploding growth.
This current purchase is in addition to the property holdings of the Company at Abbecombec Ocean Village Resort located on the shores of Clam Bay, 40 miles East of Halifax, Nova Scotia. The two properties contain homes that are rented on a yearly basis. The current assessed value of these properties in $200,000.00.
Apex Management will continue to search out value added properties for the Land Division.
By the Board of Directors Apex Resources Group Inc. Investor Relations - Roger Reynolds Suite 1600 - 136 East South Temple Salt Lake City, Utah, 84111 801-363-2599 www.apexresourcesgroup.com
NASDAQ small cap requirements for continued listing..
(Minimum)
Required net income for 2 of last 3 years
$500,000
publicly held shares
500K
Minimum bid
$1
Shareholders
300
Market Makers
2
Market value of listed securities
N/A
hey yo, ERTHD is an example of a NAZ company doing a RS in order to keep their PPS over a dollar and keep their listing.
This almost never works, but so far, it has here....but
Keeping the PPS over a dollar for "ten days" doesn't mean they can continue to hold and, indeed, it's looking weak.
I think I said that I expected a bottom/bounce price around .41 and when it was trading at 3.00 that was hard to believe. Now, at about 1.73, that estimate isn't so far away.
Between now and then, all sorts of things may happen. If/when it drops below a dollar they will be threatened with losing their NAZ listing again. They obviously value that and will most probably do something to fight the drop in price. Another RS? A PR campaign? Who knows?
Here's something to think about; Before the RS it was trading around .13 for a reason. Unless they are making some major changes in the company, those reasons still exist.
BTW, the "D" should come off the symbol any day now.
dsertrat, yeah, CYTP may be turning around. The chart looks good right now and it could move for a nice double.
ERTHD news.............
SANTA BARBARA, Calif., Nov 19, 2003 (BUSINESS WIRE) --
EarthShell Corporation (NASDAQ:ERTHD), innovators of food service packaging designed with the environment in mind, today announced that the Company's securities have traded above $1.00 per share on The Nasdaq SmallCap Market for more than ten consecutive days. This brings EarthShell into compliance with the minimum bid price requirement of Marketplace Rule 4310(c)(4). EarthShell had previously been given an extension to meet this requirement.
The Company also announced that on Monday, November 24, it will make available a recorded message providing an update on critical operating activities, and will continue to provide recorded updates on a regular basis.
The message can be accessed on EarthShell's Web site on November 24 after 4:00 p.m. Eastern Standard Time on the investor relations page at www.earthshell.com or through EarthShell's toll-free (in the U.S.) investor hotline number at (866) 438-3784. From outside the United States, dial (402) 571-9201.
EarthShell Corporation is a development stage company engaged in the licensing and commercialization of proprietary composite material technology for the manufacture of foodservice disposable packaging, including cups, plates, bowls, hinged-lid containers, and sandwich wraps. In addition to certain environmental characteristics, EarthShell Packaging is designed to be cost and performance competitive compared to other foodservice packaging materials.
For more information, please visit our website www.earthshell.com.
APXR news.....more about...
I expected this stock to drop down to about .007 before it bounced, but in the last couple of months it has gone from .01 to the currant PPS of .05.
This news may give it another boost.
SALT LAKE CITY, Nov 19, 2003 (BUSINESS WIRE) --
Today, publicly traded Apex Resources Group Inc. (OTCBB:APXR) announces land purchase in Apache County, Arizona.
Apex Land Division
In its continuing outlook to add value to the Land Division, Apex Resources Group Inc. has purchased a Lot (640 Acres) of land at Woodland Valley Ranch in Apache County, Arizona. Located 12 miles northeast of St. Johns Arizona, this property is easily accessed from St. John. The drive time is approximately 15-20 minutes. All interior roads are private and maintained year round. The Ranch is comprised of over 32,000 acres of virgin wilderness with elevations ranging between 5,900 ft. to 6,800 ft. above sea level.
The Agreement to Purchase signed with First United Realty, Inc. requires a down payment of $2,440.00, monthly payments of $255.60 per month for 180 months for a total purchase price of $48,448.00. This is an extremely affordable purchase in an area of exploding growth.
This current purchase is in addition to the property holdings of the Company at Abbecombec Ocean Village Resort located on the shores of Clam Bay, 40 miles East of Halifax, Nova Scotia. The two properties contain homes that are rented on a yearly basis. The current assessed value of these properties in $200,000.00.
Apex Management will continue to search out value added properties for the Land Division.
By the Board of Directors Apex Resources Group Inc. Investor Relations - Roger Reynolds Suite 1600 - 136 East South Temple Salt Lake City, Utah, 84111 801-363-2599 www.apexresourcesgroup.com