busy making sauce
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Doubloon,
I think this is a several dollar stock.For the most part,The development stage for this company and their initial products, is done.Now its time to get the product out there and yes, sales will increase IMO.I am looking for a nice filing.
~Rig
~IFLH .16 X .17 ~Rig
Todays news...
China Energy Savings Announces 2nd Quarter Financial Results for its Wholly Owned Subsidiary
Quarterly Profits of Subsidiary of China Energy Savings Reach $6.15 Million
HONG KONG, April 5, 2005 /Xinhua-PRNewswire via COMTEX/ --
China Energy Savings Technology, Inc., (OTC Bulletin Board: CESV) today announced the preliminary 2nd Quarter revenue figures (unaudited) of its wholly owned subsidiary, Starway Management Limited ("Starway") for the quarter ended March 31, 2005 are $11.1 million. Net Income reached $6.15 million which showed an increase of 21.4% when compared to the same quarter in 2004, and compared to the last quarter which is increased 10.3%.
Current shareholder equity is approximately $50 million. This is an increase of 278% since the end of 2003. The significant increase in the company's net assets is due to the substantial increase in net income over the past several quarters.
Mr. Sun Li, CEO of China Energy Savings, said, "We continue to set the pace in China when it comes to energy savings. Our patented products are the very best available. The company's rapid increase continues at a brisk pace, as is evidenced by our revenue figures, and our profit margins remain impressive."
About China Energy Savings Technology
The company is engaged in the manufacturing and sales of advanced technology energy-saving products in the PRC. According to the test reports by various PRC authorities including National Center of Supervision & Inspection on Electric Light Source Quality (Shanghai) issued in September 2002 and Shenzhen Academy of Metrology & Quality Inspection issued in December 2002, the energy saving products of Shenzhen Dicken Group have the energy saving rates ranging from approximately 25% to 45%. The energy saving projects conducted by Starway Group mostly relate to public or street lighting systems, government administration units, shopping malls, supermarkets, restaurants, factories and oil fields, etc. There are small and large-scaled projects: the small-scaled projects relate to restaurants, shops and small arcades through the sale of equipment, and the large-scaled projects relate to large shopping malls, supermarkets, factories and public bodies through the provision and installation of equipment over a term usually extended for years.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
For more information, please contact:
John Roskelley, President,
First Global Media
Tel: +1-480-902-3110
CESV Website:
http://www.cesv-inc.com
SOURCE China Energy Savings Technology, Inc.
John Roskelley, President, First Global Media, +1-480-902-3110
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
~CESV News...
China Energy Savings Announces 2nd Quarter Financial Results for its Wholly Owned Subsidiary
Quarterly Profits of Subsidiary of China Energy Savings Reach $6.15 Million
HONG KONG, April 5, 2005 /Xinhua-PRNewswire via COMTEX/ --
China Energy Savings Technology, Inc., (OTC Bulletin Board: CESV) today announced the preliminary 2nd Quarter revenue figures (unaudited) of its wholly owned subsidiary, Starway Management Limited ("Starway") for the quarter ended March 31, 2005 are $11.1 million. Net Income reached $6.15 million which showed an increase of 21.4% when compared to the same quarter in 2004, and compared to the last quarter which is increased 10.3%.
Current shareholder equity is approximately $50 million. This is an increase of 278% since the end of 2003. The significant increase in the company's net assets is due to the substantial increase in net income over the past several quarters.
Mr. Sun Li, CEO of China Energy Savings, said, "We continue to set the pace in China when it comes to energy savings. Our patented products are the very best available. The company's rapid increase continues at a brisk pace, as is evidenced by our revenue figures, and our profit margins remain impressive."
About China Energy Savings Technology
The company is engaged in the manufacturing and sales of advanced technology energy-saving products in the PRC. According to the test reports by various PRC authorities including National Center of Supervision & Inspection on Electric Light Source Quality (Shanghai) issued in September 2002 and Shenzhen Academy of Metrology & Quality Inspection issued in December 2002, the energy saving products of Shenzhen Dicken Group have the energy saving rates ranging from approximately 25% to 45%. The energy saving projects conducted by Starway Group mostly relate to public or street lighting systems, government administration units, shopping malls, supermarkets, restaurants, factories and oil fields, etc. There are small and large-scaled projects: the small-scaled projects relate to restaurants, shops and small arcades through the sale of equipment, and the large-scaled projects relate to large shopping malls, supermarkets, factories and public bodies through the provision and installation of equipment over a term usually extended for years.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
For more information, please contact:
John Roskelley, President,
First Global Media
Tel: +1-480-902-3110
CESV Website:
http://www.cesv-inc.com
SOURCE China Energy Savings Technology, Inc.
John Roskelley, President, First Global Media, +1-480-902-3110
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
Todays news...
New Mexico Software Announces Release of Socorro CodeTalk
New Web Training/Support Software
ALBUQUERQUE, N.M., April 5, 2005 /PRNewswire-FirstCall via COMTEX/ --
New Mexico Software Inc. (OTC Bulletin Board: NMXS), a leading provider of next-generation digital lifecycle management solutions, announced today the company has planned the release of Socorro CodeTalk, a web conferencing tool that will allow remote viewing of computer desktops. The product is expected to be released this month.
Rafael Rubio, vice president of technology and product development of New Mexico Software, said, "Named for the word 'help' in Spanish, Socorro CodeTalk is particularly useful for web training projects, as it allows users to remotely view other computer desktops. The product is already in use by our healthcare division to train doctors and technicians in the use of our XR-Express service. With the cost of travel and disruption of work schedules, Socorro will also be particularly useful for instant analysis of computer problems by a remote facility."
Dick Govatski, CEO of New Mexico Software, said, "Socorro CodeTalk is our latest of several new product releases for this spring. While there are other programs that are similar, we have an advantage in several areas, including the cost of the service, the ability to safely run computer desktops through firewalls and the ease of use. Socorro will be available on a subscription basis to companies for much less than competitive products. We expect the service to cost less than $30 per meeting for the first 30 minutes with a small charge for each minute thereafter. At present, we believe we can host up to six users simultaneously on the system. Only the host of the meeting will be charged. Another advantage that distinguishes us from our competitors is that there is no need to download any client software."
The software requires Microsoft's Internet Explorer browser with ActiveX controls turned on. The system is only enabled for PC users and will not be available for the Macintosh or other Unix systems. The product is built on the New Mexico Software's Roswell core technology and allows companies to do remote training and support.
About New Mexico Software
The company is a leading provider of next-generation digital lifecycle management solutions. It is the only public company providing totally integrated services that a customer would normally need to outsource to several different suppliers. With the New Mexico Software business model and technology, the company is able to provide the software, custom programming, hosting and database administration as a total solution.
For more information on New Mexico Software, contact Dick Govatski, (505) 255-1999, ceo@nmxs.com . An investment profile on New Mexico Software may be found at http://www.hawkassociates.com/nms/profile.htm. To be placed on an e-mail alert for news about New Mexico Software, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 852-2383 or via e-mail at info@hawkassociates.com . For an online investor relations kit, go to http://www.hawkassociates.com or http://www.hawkmicrocaps.com .
The foregoing press release contains forward-looking statements including statements regarding the company's expectation of its future business. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements.
SOURCE New Mexico Software Inc.
Dick Govatski of New Mexico Software Inc., +1-505-255-1999,
ceo@nmxs.com
; or Frank
Hawkins or Ken AuYeung, both of Hawk Associates, +1-305-852-2383,
info@hawkassociates.com
, for New Mexico Software Inc.
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
~NMXS News...
New Mexico Software Announces Release of Socorro CodeTalk
New Web Training/Support Software
ALBUQUERQUE, N.M., April 5, 2005 /PRNewswire-FirstCall via COMTEX/ --
New Mexico Software Inc. (OTC Bulletin Board: NMXS), a leading provider of next-generation digital lifecycle management solutions, announced today the company has planned the release of Socorro CodeTalk, a web conferencing tool that will allow remote viewing of computer desktops. The product is expected to be released this month.
Rafael Rubio, vice president of technology and product development of New Mexico Software, said, "Named for the word 'help' in Spanish, Socorro CodeTalk is particularly useful for web training projects, as it allows users to remotely view other computer desktops. The product is already in use by our healthcare division to train doctors and technicians in the use of our XR-Express service. With the cost of travel and disruption of work schedules, Socorro will also be particularly useful for instant analysis of computer problems by a remote facility."
Dick Govatski, CEO of New Mexico Software, said, "Socorro CodeTalk is our latest of several new product releases for this spring. While there are other programs that are similar, we have an advantage in several areas, including the cost of the service, the ability to safely run computer desktops through firewalls and the ease of use. Socorro will be available on a subscription basis to companies for much less than competitive products. We expect the service to cost less than $30 per meeting for the first 30 minutes with a small charge for each minute thereafter. At present, we believe we can host up to six users simultaneously on the system. Only the host of the meeting will be charged. Another advantage that distinguishes us from our competitors is that there is no need to download any client software."
The software requires Microsoft's Internet Explorer browser with ActiveX controls turned on. The system is only enabled for PC users and will not be available for the Macintosh or other Unix systems. The product is built on the New Mexico Software's Roswell core technology and allows companies to do remote training and support.
About New Mexico Software
The company is a leading provider of next-generation digital lifecycle management solutions. It is the only public company providing totally integrated services that a customer would normally need to outsource to several different suppliers. With the New Mexico Software business model and technology, the company is able to provide the software, custom programming, hosting and database administration as a total solution.
For more information on New Mexico Software, contact Dick Govatski, (505) 255-1999, ceo@nmxs.com . An investment profile on New Mexico Software may be found at http://www.hawkassociates.com/nms/profile.htm. To be placed on an e-mail alert for news about New Mexico Software, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 852-2383 or via e-mail at info@hawkassociates.com . For an online investor relations kit, go to http://www.hawkassociates.com or http://www.hawkmicrocaps.com .
The foregoing press release contains forward-looking statements including statements regarding the company's expectation of its future business. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements.
SOURCE New Mexico Software Inc.
Dick Govatski of New Mexico Software Inc., +1-505-255-1999,
ceo@nmxs.com
; or Frank
Hawkins or Ken AuYeung, both of Hawk Associates, +1-305-852-2383,
info@hawkassociates.com
, for New Mexico Software Inc.
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
April 4, 2005 (FinancialWire) It’s now only 6 days until the airing of the Dateline NBC expose on illegal manipulative short selling, scheduled by the General Electric (NYSE: GE) network this coming Sunday night, April 10, and the war of words rages on.
April 4, 2005 (FinancialWire) It’s now only 6 days until the airing of the Dateline NBC expose on illegal manipulative short selling, scheduled by the General Electric (NYSE: GE) network this coming Sunday night, April 10, and the war of words rages on.
The Dow Jones (NYSE: DJ) Newswires have reported how Overstock (NASDAQ: OSTK) CEO, Patrick Byrne is featured in a new “activist video” sponsored by the National Coalition Against Naked Short Selling, whose founder, a secretive individual calling himself Robert O’Brien, who got “mad as hell” and decided he wasn’t going to “take it any more” after claiming to have lost money to market manipulators while invested in Novastar Financial (NYSE: NFI).
Now O’Brien has posted a blog at http://bobosrevenge.blogspot.com , that claims U.S. Securities and Exchange Commission Assistant Director of Market Regulation James Brigagliano of lying to U.S. Senator Paul Sarbanes (D-MD) in April, 2003, to cover up illegal naked short sales.
O’Brien says he has evidence that Brigagliano dismissed email evidence of settlement failures that he could not explain as “pertaining to a corporate action taken in June of 2004, ignoring that the emails/statements were dated nearly 14 months prior.”
In other words, says O’Brien, the SEC official attempted to explain away the questions that Sarbanes asked him by referencing an event that at the time of the emails had not yet occurred.
FinancialWire had reported on the video, at http://tinyurl.com/5vq8y , last week, as well as the debate between the Depository Trust and Clearing Corp. and EuroMoney, the prestigious Institutional Investor magazine that is considered the Bible of European financial institutions. The DTCC says EuroMoney’s comprehensive series on “naked short selling,” which the DTCC’s counsel, Larry Thompson recently stated he finds no evidence exists, is just “sloppy journalism.”
“We will not accept silently this type of sloppy, one-sided journalism whether in print or broadcast,” said Thompson, apparently in a warm-up to the expected onslaught of public opinion after the upcoming Dateline NBC network telecast.
The DTCC, which is run under the joint authority of the New York Stock Exchange and NASD, both government-sponsored SROs, may even have run afoul of serious laws against interference with the press, according to attorney Marshal Shichtman, Esq., who is investigating the organization’s purported collusion with Investors Business Daily in an attempt to censor or squelch further distribution of FinancialWire.
This comes hard on the heels of an ad in the New York Times (NYSE: NYT) from The Washington Legal Foundation, located at http://www.wlf.org, which has considerable clout in the Bush administration, with ten of its board members now serving in various capacities, including three, headed by U.S. Attorney General John Ashcroft, in the Bush cabinet. Its “In All Fairness” advertorial, “What’s Up With The SEC?” may be seen at http://www.wlf.org/upload/032805IAFSEC.pdf
The advertorial alleges that class action lawyers are colluding with short sellers “right under the noses of SEC investigators,” whose abuses cause “investors, employees, pensioners and companies” to “lose millions of dollars in stock value each year.”
The WLF said that the SEC has been “sitting on several complaints of misconduct” that it and the U.S. Chamber of Commerce have filed that detail “examples of questionable stock manipulation by short sellers and class action attorneys.”
The group says that the SEC is “looking the other way while class action attorneys enjoy a free-for-all, reaping millions in windfall fees to the detriment of shareholders,” and asks “why isn’t the SEC taking legal and regulatory action to prevent stock manipulation and to protect investors from the looting by plaintiffs’ lawyers? Shouldn’t there be rules and oversight to deter these trial lawyer abuses?”
It concludes that “the SEC must show America that it can get tough with more sinister villains than Martha Stewart.”
Recently also, Motley Fool lambasted regulators for letting what it called “71-year-old laws” against naked short selling go unenforced.
The article is at http://www.fool.com/news/commentary/2005/commentary05032407.htm?source=eptyholnk303100&logvisit=....
Recently U.S. Senator Robert Bennett (R-UT), pointedly questioned SEC Chair William Donaldson about naked short selling, and what he said was a failure by the SEC to enforce existing laws.
A video of the exchange is at http://www.investrendinformation.com
probably why I bought it.lol. Good Morning all! ~Rig
~BRVO .162 X .165 Up a wee bit on higher than average volume...
~Rig
~IFLH Small piece of News.....
http://biz.yahoo.com/prnews/050404/dam044.html?.v=4
IFLH Signs Letter of Intent to Acquire Insurance Agency
Monday April 4, 4:32 pm ET
DALLAS, April 4 /PRNewswire-FirstCall/ -- InterFinancial Holdings, Corp. (OTC Pink Sheets: IFLH - News) announced today that the Company has signed a letter of intent to acquire DPG (Drivers Protection Group, LLC), a Texas Limited Liability Company which is affiliated with Nationwide Insurance. Nationwide, based in Columbus, Ohio, is one of the largest diversified insurance and financial services organizations in the world, with more than $148 billion in assets. Nationwide ranks 118th on the Fortune 500 list. DPG is currently in the process of finalizing an auto dealer program which includes roadside assistance, gap insurance, single interest, auto replacement warranty, and other gap type products. Once this acquisition is completed, InterFinancial will be able to offer auto insurance to each and every one of its existing accounts. In addition, InterFinancial will be able to pre-package and bill insurance products at loan origination. The synergy between DPG and its parent company will have benefits to the company's account management and bottom line. InterFinancial Holdings, Corp. is in the process of making several acquisitions in exchange for its common stock. By building a conservative financial statement with qualified monthly income, the company feels that it will be able to market itself as a growing commercial bank and finance company that targets companies in the financial arena in order to facilitate significant shareholder growth.
The company maintains a corporate website at
www.interfinancialholdings.com
Contact: Jeffrey C. Bruteyn, Managing Director: 214-665-9490, or jcb@interfinancialholdings.com
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although InterFinancial Holdings believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included herein, the inclusion should not be regarded as a representation by InterFinancial Holdings or any other person that the objectives and plans of InterFinancial Holdings will be achieved.
--------------------------------------------------------------------------------
Source: InterFinancial Holdings, Corp.
~IFLH .15 X .155 ~Rig
~EMBR .10 X .11 Chart...
~Rig
sam,
My boat is loaded now lets hope the Legacy gets loaded with the goods.
NITE is in trouble IMO if we PR something substantial.I think hes been shorting heavy.JMO.
Rig
I will be happy with some silver and lucky charms.
Rig
~EMBR .10 X .11 Just saw this.....
http://biz.yahoo.com/e/050401/embr.ob8-k.html
perhaps something else is in the works based on todays trading.
~Rig
Mike,
I have been out of that play for a long time.Sorry.
~Rig
mgland,
we could be hours away from pulling some goodies up IMO.
~Rig
~EMBR .095 X .10 getting active, Maybe a deal is close to getting done.~Rig
~IFLH .125 X .135 ~Rig
~IFLH .10 X .18 Inching that bid up.~Rig
~UGNE $1.91 X $1.92 GNET selling seems to be done.Next stop $2.40 plus coming again IMO.
~Rig
~BRVO .15 X .16 Charts...
~Rig
~KNOS .09 X .10 Chart...
Bottom?
Rig
~ATC $5.05 X $5.07 Chart...
~Rig
~TNXT .096 X .11 Chart...
Bottom?
~Rig
~AVCP .21 X .25 Chart...
~OGTX .24 X .31 Charts...
~Rig
Have a nice weekend all!! ~Rig
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Definitely!!! Lets get that Q and see how earnings are.~Rig
~IFLH grabbed a few for a trade.~Rig
bob41,
I like it!
~Rig
~RUBM .33 X .40 ~Rig
Todays news...
Project Group Announces Record Date for Pro Squared Spin Off; PJTG Shareholders to Receive Pro Squared Shares
HOUSTON, Mar 31, 2005 (BUSINESS WIRE) --
The Project Group, Inc. (OTCBB:PJTG) announced today that its board of directors has fixed April 15, 2005 as the record date for the planned spin off of shares of Pro Squared, Inc.
The Project Group, Inc.'s board of directors previously approved the distribution to the company's shareholders of approximately 69% of the outstanding shares of Pro Squared. The company presently holds approximately 99.3% of the common stock of Pro Squared. Completion of the spin off is subject to satisfaction of various legal, contractual and other requirements. The spin off is expected to be completed approximately two weeks following the record date, barring unforeseen events.
Raphael Feldman, CEO of Pro Squared, commented, "This action of the PJTG Board will allow us to focus our operational and capital efforts on "closed loop" RFID implementations and information technology as well as maximize shareholder value for current Project Group shareholders. The Project Group will remain a significant shareholder in Pro Squared and we will continue our strategic partnership with PJTG in developing the RFID marketplace."
About Pro Squared, Inc.
Pro Squared, Inc. is a subsidiary of The Project Group focused on closed loop RFID solutions. RFID technology replaces traditional, unreliable bar codes and is rapidly becoming the state-of-the-art in supply chain management. RFID tags consist of silicon chips and antennae that can transmit data to a wireless receiver. Recently, Wal-Mart has mandated that all major vendors utilize RFID and recently Pfizer, Smith Kline, Purdue Pharma and the FDA have all announced new RFID programs.
About The Project Group, Inc.
The Project Group, Inc. is a Microsoft Gold Certified Partner and Premier provider of Enterprise Project Intelligence (EPI) and Collaboration Solutions, which maximize client's value from their portfolio of resources and projects. The Company is headquartered in Houston, Texas, was founded in 2001 and has provided its expertise to companies nationally and around the world. Recent clients include Southwest Airlines (NYSE:LUV), Microsoft (NasdaqNM:MSFT) and Tyson Foods Inc. (NYSE:TSN).
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, and the unpredictable nature of business risks; as well as the timing and ultimate consummation of the proposed spin-off of Pro Squared and the ability of Pro Squared to secure capital and operate profitably as a separate company, and other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
SOURCE: The Project Group, Inc.
The Project Group, Inc.
Craig Crawford, 713-622-1100
ir@projectgroup.com
or
Pro Squared, Inc.
Raphael Feldman, 631-491-1100
--------------------------------------------------------------------------------
Copyright Business Wire 2005
News provided by
~PJTG News...
Project Group Announces Record Date for Pro Squared Spin Off; PJTG Shareholders to Receive Pro Squared Shares
HOUSTON, Mar 31, 2005 (BUSINESS WIRE) --
The Project Group, Inc. (OTCBB:PJTG) announced today that its board of directors has fixed April 15, 2005 as the record date for the planned spin off of shares of Pro Squared, Inc.
The Project Group, Inc.'s board of directors previously approved the distribution to the company's shareholders of approximately 69% of the outstanding shares of Pro Squared. The company presently holds approximately 99.3% of the common stock of Pro Squared. Completion of the spin off is subject to satisfaction of various legal, contractual and other requirements. The spin off is expected to be completed approximately two weeks following the record date, barring unforeseen events.
Raphael Feldman, CEO of Pro Squared, commented, "This action of the PJTG Board will allow us to focus our operational and capital efforts on "closed loop" RFID implementations and information technology as well as maximize shareholder value for current Project Group shareholders. The Project Group will remain a significant shareholder in Pro Squared and we will continue our strategic partnership with PJTG in developing the RFID marketplace."
About Pro Squared, Inc.
Pro Squared, Inc. is a subsidiary of The Project Group focused on closed loop RFID solutions. RFID technology replaces traditional, unreliable bar codes and is rapidly becoming the state-of-the-art in supply chain management. RFID tags consist of silicon chips and antennae that can transmit data to a wireless receiver. Recently, Wal-Mart has mandated that all major vendors utilize RFID and recently Pfizer, Smith Kline, Purdue Pharma and the FDA have all announced new RFID programs.
About The Project Group, Inc.
The Project Group, Inc. is a Microsoft Gold Certified Partner and Premier provider of Enterprise Project Intelligence (EPI) and Collaboration Solutions, which maximize client's value from their portfolio of resources and projects. The Company is headquartered in Houston, Texas, was founded in 2001 and has provided its expertise to companies nationally and around the world. Recent clients include Southwest Airlines (NYSE:LUV), Microsoft (NasdaqNM:MSFT) and Tyson Foods Inc. (NYSE:TSN).
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, and the unpredictable nature of business risks; as well as the timing and ultimate consummation of the proposed spin-off of Pro Squared and the ability of Pro Squared to secure capital and operate profitably as a separate company, and other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
SOURCE: The Project Group, Inc.
The Project Group, Inc.
Craig Crawford, 713-622-1100
ir@projectgroup.com
or
Pro Squared, Inc.
Raphael Feldman, 631-491-1100
--------------------------------------------------------------------------------
Copyright Business Wire 2005
News provided by
~UGNE $1.83 X $1.84 Looking good thus far.~Rig
~UGNE $1.73 X $1.74 News...
Unigene Announces Results for 2004
FAIRFIELD, N.J., Mar 31, 2005 (BUSINESS WIRE) --
Unigene Laboratories, Inc. (OTCBB: UGNE) announced its financial results for the year ended December 31, 2004.
Revenue for the year ended December 31, 2004 was $8,400,000 compared to $6,024,000 for the year ended December 31, 2003. Unigene's net loss for the year ended December 31, 2004 was $5,941,000 or ($.08) per share compared to a net loss of $7,398,000 or ($.11) per share for the year ended December 31, 2003.
"We are encouraged by our improved financial results last year and are very confident about our prospects for 2005," commented Dr. Warren Levy, President and CEO of Unigene. "We have filed all information and data requested to date by the FDA for Fortical(R), our nasal calcitonin product, and are currently awaiting approval.Upsher-Smith and Unigene are enthusiastic about the prospect of rapidly launching Fortical following approval and are continuing in earnest our preparations for its launch. Furthermore, our partnerships with GlaxoSmithKline for oral PTH and with Novartis for calcitonin manufacturing continue to make important progress."
About Unigene
Unigene Laboratories, Inc. is a biopharmaceutical company focusing on the oral and nasal delivery of large-market peptide drugs. Due to the size of the worldwide osteoporosis market, Unigene is targeting its initial efforts on developing calcitonin and PTH-based therapies. Unigene has licensed the U.S. rights for its nasal calcitonin product to Upsher-Smith Laboratories, worldwide rights for its oral PTH technology to GlaxoSmithKline and worldwide rights for its calcitonin manufacturing technology to Novartis. Unigene has received an approvable letter from the FDA for Fortical(R), its nasal calcitonin product for the treatment of osteoporosis. Unigene's patented oral delivery technology has successfully delivered, in preclinical and/or clinical trials, various peptides including calcitonin, PTH and insulin. Unigene's patented manufacturing technology is designed to cost-effectively produce peptides in quantities sufficient to support their worldwide commercialization as oral or nasal therapeutics.
Safe Harbor statements under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements regarding us and our business, financial condition, results of operations and prospects. Such forward-looking statements include those which express plans, anticipation, intent, contingency, goals, targets or future development and/or otherwise are not statements of historical fact. We have based these forward-looking statements on our current expectations and projections about future events and they are subject to risks and uncertainties known and unknown which could cause actual results and developments to differ materially from those expressed or implied in such statements. These forward-looking statements include statements about the following: general economic and business conditions, our financial condition, competition, our dependence on other companies to commercialize, manufacture and sell products using our technologies, the uncertainty of results of animal and human testing, the risk of product liability and liability for human trials, our dependence on patents and other proprietary rights, dependence on key management officials, the availability and cost of capital, the availability of qualified personnel, changes in, or the failure to comply with, governmental regulations, the failure to obtain regulatory approvals for our products and other risk factors discussed in our Securities and Exchange Commission filings.. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors.
SOURCE: Unigene Laboratories, Inc.
Investor:
The Investor Relations Group
Damian McIntosh/Dian Griesel, Ph.D.
212-825-3210
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Copyright Business Wire 2005
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~QTIG .13 x .135 News... GM!
MediaMax Technology Corporation Signs Letter of Intent to Merge with SunnComm International, Inc.
The proposed basis for the common stock exchange ratio will be 1:1
By Staff
PHOENIX, Mar 31, 2005 (PRIMEZONE via COMTEX) --
MediaMax Technology Corporation, formerly QuietTiger Inc. (OTCBB:QTIG), a leading optical media technology marketing company, is pleased to announce today that it has executed a non-binding Letter of Intent with SunnComm International, Inc. (Pink Sheets:SCMI) regarding a proposed merger of the companies.
MediaMax Technology Corporation has an exclusive marketing agreement with SunnComm to sell MediaMax -- America's best selling audio CD copy management and enhancement technology. Both companies earn royalties for every disc sold containing the proprietary software.
If the parties, after due diligence and other review, determine to go forward, MediaMax Technology anticipates entering into a definitive merger agreement on or before May 31, 2005. If the merger is completed, the companies currently anticipate an exchange of all outstanding common stock of SunnComm for shares of MediaMax Technology common stock on a one-for-one (1:1) basis. The definitive agreement will provide for the parties to file a registration statement on Form S-4 with the Securities and Exchange Commission in order to register the shares of common stock to be issued pursuant to the agreement. The registration statement will include a joint proxy statement and prospectus to be sent to the stockholders of both organizations in connection with a meeting of the stockholders of each company to consider the transaction.
Further discussions or decisions regarding the proposed merger are subject to various conditions, including further due diligence review and analysis, receipt of a satisfactory independent fairness opinion, the necessary audits of SunnComm and a condition that SunnComm refrains from distributing any of its assets to its shareholders until the merger is completed.
ABOUT MEDIAMAX TECHNOLOGY CORPORATION
MediaMax Technology Corporation, formerly QuietTiger, Inc. (OTCBB:QTIG) with its international reach, implements the delivery of digital content security products for the music and entertainment industry. With established long-term industry contacts throughout the world, the company understands the challenges surrounding digital content management and protection. The MediaMax Technology team of professionals has spent more than 50 years in the music and movie industry. MediaMax Technology ( www.mediamaxtech.com ) is the exclusive sales and marketing arm for SunnComm's MediaMax suite of products.
For additional information about the company, its vision, philosophy, partners, and customers, please visit the Company's Web site at www.mediamaxtech.com or contact:
Company Contact: Investor contact:
William H. Whitmore, Jr. Investor Relations
602-267-3800 602-231-0681
bill@quiettiger.com
press@quiettiger.com
ABOUT SUNNCOMM
In just five years, SunnComm International Inc. (Pink Sheets:SCMI) has become the leader in digital content enhancement and security technology for audio compact disc media. 2004 was a year of milestones for SunnComm including Anthony Hamilton's "MediaMax'd" CD "Comin' From Where I'm From" achieving platinum status and Velvet Revolver's "Contraband" CD reaching the No. 1 spot on Billboard's Top 200 Album Chart becoming the world's first number one CD to include content management. "Contraband" also achieved double-platinum status by selling more than 2 million units. Additionally, SunnComm's technology appeared on many other best-selling albums in 2004, some of which have gone gold. The year ended with MediaMax implemented on more than 75 commercially released CD titles across 25 record labels generating over 10 million CDs, making it the U.S. market leader in copy control and enhancement technology.
MediaMax is mastered directly on the audio CD and is accessible using a personal computer. SunnComm was the first company to commercially release a content-protected audio CD utilizing an early version of the Microsoft Windows Media Data Session Toolkit, and was the first company in America to commercially release a copy-managed audio CD ( www.microsoft.com/presspass/press/2003/jan03/01-20SessionToolkitPR.asp). Bonus features include on-board press kits, artist-related promotions, videos, song lyrics, artist bio page, photo gallery, web links and tune-sharing capability through SunnComm's MusicMail(tm) functionality. For more detailed information about the company, its vision or philosophy, personnel, partners, and customers, please visit the company's Web site at www.sunncomm.com , or call the Company directly at (602) 267-7500. For additional information or investor relations please contact:
Company contact: Investor contact:
Peter H. Jacobs Investor Relations
602-267-7500 602-231-0681
peter@sunncomm.com
press@sunncomm.com
MediaMax CD3, MediaMax Technology, On-the-Fly Technology, PromoPlay, TuneShare, MusicMail, Secure Burn and SunnComm are registered and/or trademarks of SunnComm International, Inc., in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
This news release contains predictions, projections and other statements about the future that are intended to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of l995 (collectively, "forward-looking statements"). Forward-looking statements relate to various aspects of the Company's operations and strategies, including but not limited to the effects of having experienced significant losses in the past and the risk that the Company may incur losses in the future; the Company's limited liquidity and significant indebtedness; its sales forecasts for future periods not being attained and the risk that the Company will not conclude additional revenue-generating license agreements covering its content protection and enhancement technologies; the Company's marketing, product development, acquisition investments, licensing and other strategies not being successful; possible future issuances of debt or equity securities; the possible incurrence of significant patent litigation expenses or adverse legal determinations that find our patents not to be valid; new business development and industry trends; the possible need to raise additional capital in order to meet the Company's obligations and most other statements that are not historical in nature. Important factors that could cause actual results to differ materially from those described in the forward-looking statements are described in cautionary statements included in this news release. In assessing forward-looking statements, readers are urged to consider carefully these cautionary statements. Forward-looking statements speak only as of the date of this news release, and the Company disclaims any obligations to update such statements.
SOURCE: MediaMax Technology Corporation
CONTACTS: MediaMax Technology Corporation
William H. Whitmore, Jr.
602-267-3800
SunnComm International
Peter H. Jacobs
602-267-7500
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(C) 2005 PRIMEZONE, All rights reserved.
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camalion,Thanks for that!!!! I am fine with the move!!! jamaica better get with the program and put the politics to the side.We will be getting busy IMO.
~Rig
Boy is this one cheap IMO...Do the DD...
accumulate IMO...
and profitable...and getting more profitable?
http://biz.yahoo.com/prnews/050308/cntu003_1.html
website... http://www.amersin.com/
~Rig