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Never take stock advice from someone with Jared Leto in their profile picture. LMAO!
RAYS = Game over. Just another poo poo stock
Sorry to inform you...AwesomePennyStock's MILV pump and dump is not going to get FDA approval. I doubt that they even make it as far as the application process.
Stick a fork in it. It's done.
I agree...It needs to break $2.37...then $2.5. Otherwise its going to correct.
Tomorrow's trading will tell us how this story is going to unfold.
Yeah I might actually wait until Monday. Perhaps they decide to give it one last pump over the weekend if they don't dump it tomorrow. I'll be watching to see if it breaks $2.37 tomorrow before I decide to short. At some point they will run out of newsletters to hire. Tomorrow will be the tell.
I seriously doubt that RAYS will ever see the day that it's market cap reaches $750,000,000. Why don't you worry about breaking $3 first.
$19.99 plus shipping and handling for the certs...lol. Why is my RayStream so staticky?
If it can't break $2.37 tomorrow then I'll start shorting
Looks like a head and shoulders top formation to me...
$1.75 tomorrow.
looks like a feeble attempt at a shake here.
Looks like they were trying to shake some knuckleheads out of the deal before they got started.
Can't keep a good stock down.
Hope you bailed!
Bring on the dump baby.
RAYS = GAME OVER.
Watch this POS RAYS start to unravel...shorts going to maul this thing.
on bid yes. looks like that is what most are attempting.
Just a few flippers in the way trying to bail for scraps. Want to see that $.35 break to confirm uptrend is in tact.
Yup. Looks as if they are cocked, locked and ready to rock.
Sitoa Global Receives Letter of Commitment for $10.8 Million in Funding From Strategic Partner
10:00a ET November 2, 2011 (GlobeNewswire) Sitoa Global Inc. (OTCQB:STOA) (the "Company"), an e-commerce facilitator, announced today that it has received a Letter of Commitment for up to US$10.8 million from AIV Ltd. ("AIV"), a private funding group, to fund its business plan through a strategic partnership. The Company expects to use the funds to further expand into emerging markets.
The Letter of Commitment intends to provide up to $10.8 million in funding for the Company in the form of a four-year loan bearing five-percent (5%) interest. The loan will be secured by the joint intellectual property of the Company, specific to the "Focused Social Marketplace" platforms to be built and modified for non-U.S. countries where Sitoa Global and AIV will expand.
Sitoa Global and AIV will collaborate based on a revenue share and licensing model and intend to partner or create joint ventures with large enterprise Software as a Service ("SaaS") companies as its business model.
For the first marketplace, AIV will work with Sitoa Global to develop and host a Focused Social Marketplace providing China based internet users with practical and credible health information content and online tools for managing health, similar to the U.S. based internet site, WebMD. AIV and Sitoa Global are targeting a total of ten Focused Social Marketplaces in emerging markets by 2014.
The China market is highly fragmented in terms of destination sites for practical health information and to date, there is no clear leader. AIV intends to bring the wealth of knowledge and experience from its team of professionals to this endeavor.
Cal Lai, the Company's President and CEO, commented, "We are extremely pleased to be partnering with AIV and their team and believe in the market potential of the opportunity. We believe that the ability to have funding to expand our Focused Social Marketplace into emerging markets will help us overcome many challenges and will also enable us to further enhance our product and service offering."
About Sitoa Global Inc.
Sitoa Global provides an easy-to-use and comprehensive platform, the "Focused Social Marketplace" that enables online retailers to deploy a social marketplace e-commerce site. Sitoa's platform allows building marketplaces for online sellers with focused social customer networks to expand their sales channels without the risks of focus dilution, and increased capital and operating costs. Sitoa shares in revenues generated by the site in addition to charging integration and hosting fees. Additional information about Sitoa may be found on its website, http://www.sitoaglobal.com.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the continued growth of the e-commerce and emerging market segments and the ability of the Company to continue its expansion into those segments; the ability of the Company to receive funding from AIV and to use the proceeds to expand its business; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Sitoa Global Inc.
CONTACT: Investor Relations
info@sitoaglobal.com
Oh wow...this just gets even better...
http://soconison.com/id2.html
Mister X - Mister X is our resident due diligence specialist. He is a former member of the British 22nd Special Air Service Regiment and 14 Int. Having served in Northern Ireland, the Horn of Africa, Bosnia, Iraq, Rhodesia, Afghanistan and Malay, he works closely with investee companies on team building and refining corporate governance. Mister X has worked directly with Microsoft co-founder Paul Allen, former Secretary of State Henry Kissinger, U2's Bono, former British Prime Minister Tony Blair and skateboarding legend, Tony Hawk. Mister X's hobbies include horticulture, cooking, water color painting and motorcycle racing. He speaks fluent English, Mandarin, Russian, Czech, Magyar, Arabic, Farsi, Pashto and Klingon (although only conversational)
Wonder if this is the same Mister X: http://www.smallcapfortunes.com
These are also interesting points to mention from the 9/9/11 press release...
- Strategic partnership with Soconison Technology Ventures which will result in licensing fees to Sitoa for Soconison's portfolio companies using the Sitoa Focused Social Marketplace platform.
Check this out regarding Soconison and its portfolio companies... http://soconison.com/id1.html
- A number of customer wins and product partners for Sitoa Global including Buzzstrong Cookies, Fragrancenet.com, eBags, Sonsi.com and others.
http://www.buzzstrong.com
http://www.ebags.com
http://www.fragrancenet.com
http://www.sonsi.com
Funny because I was just about to post that. FYI, they DO mention something about Charming Shoppes if you click on the Sonsi.com tab on the sitoglobal.com website.
As moderator you should request to have the board name changed to properly reflect the name of the company since STOA is no longer SinoBiomed.
Looks like CHRS is a new client and hence would not be reflected in the last 10-Q. Wonder how many other clients they have lined up or are already doing business with. Perhaps STOA will provide some clarification as to its relationship with CHRS.
Charming Shoppes Goes Global Online
1:00p ET October 18, 2011 (PR NewsWire) Charming Shoppes, Inc., the leading women's specialty plus size retailer in the U.S., (NASDAQ: CHRS) is pleased to announce that today, for the first time, consumers shopping for plus sizes around the globe will have online access to fashion brands Lane Bryant, Cacique, Catherines, Fashion Bug and Loop 18, as well as the more than 300 brands offered at the Company's new plus size shopping hub, Sonsi.com.
"We're excited to serve plus size women around the world, from Canada to the United Kingdom to Australia and beyond," says Group President, Lane Bryant, Lane Bryant Outlet & Cacique, Brian Woolf. "Women asked us to deliver Lane Bryant internationally, and we listened. Now women internationally can access the same fashionable plus size brands their American counterparts love."
Consumers in over 80 countries and territories worldwide can now experience the convenience of shopping Lane Bryant (www.lanebryant.com) and her sister sites with localized currencies and competitive international shipping costs. All international orders are inclusive of duty, VAT and customs clearance with no surprise C.O.D. charges.
Charming Shoppes Direct-to-Consumer President Bill Bass says, "Introducing new e-commerce services like international shipping continues to position Lane Bryant, along with her sister brands, as global leaders with a more than 100 year-old tradition of innovation in serving the individual needs of women wearing plus sizes."
Charming Shoppes has partnered with New York City-based FiftyOne®, a recognized market leader in international e-commerce, whose unique technology and service platform allow international shoppers to interact with a merchant's brand while enjoying the same online experience offered to its U.S. customers.
About Charming Shoppes, Inc.
Charming Shoppes, Inc. operates 1,953 retail stores in 48 states under the names LANE BRYANT®, CACIQUE®, LANE BRYANT OUTLET®, FASHION BUG®, FASHION BUG PLUS® and CATHERINES PLUS SIZES®. The Company also operates the Figi's family of brands, including the holiday food and gifts catalog Figi's® Gifts in Good Taste®, the home and gifts catalog Figi's® Gallery and its wholesale unit Figi's Business Services, and Sonsi®, an online marketplace featuring over 300 brands, and one of the largest online assortments for full figured women. For more information about Charming Shoppes and its brands, please visit www.charmingshoppes.com, www.lanebryant.com, www.cacique.com, www.fashionbug.com, www.catherines.com, www.loop18.com, www.sonsi.com, www.figis.com, and www.figisgallery.com.
SOURCE Charming Shoppes, Inc.
Did you check out the most recent CHRS press release? It gave mention of Sitoa's Sonsi.com.
This type of platform, especially since it was built for clients such as Sears, Target and Home Depot, is something that really has acquisition target possibilities written all over it.
You're dillusional. Let me guess. Somehow or another, you're going to try and convince me that this is "the next LEXG." lmao
I admit that I am typically a basher by nature but STOA actually has me intrigued. Is it possible...after all these years of trading...that there is actually a REAL company trading for pennies per share worth buying?
I've been piecing together the facts here. So far, I'm impressed.
1. Sitoa has received investments from ICCP Venture Partners and Bill Porter, founder of eTrade. Very impressive.
2. Sitoa built the marketplace platforms for Sears.com, Homedepot.com and Target.com and subsequently added in proprietary elements of social media to create the "Focused Social Marketplace" platform. Again, very impressive.
3. Chunjie365.com, the Company's first China marketplace has officially launched. They currently have over 300 products now selling online to China with 500 product listings anticipated by years end. This will begin generating additional revenue.
4. Chunjie365 has structured strategic relationships with several market leaders including Alibaba.com's "Alipay" system, iMedia's QQ mobile advertising platform and Zibolan's Baidu and Google keywords program.
5. I did some digging on Sonsi.com. Check out what I found. Apparently Sitoa is also doing business with CHRS, a $400 million NASDAQ company.
From the most recent CHRS press release...
Charming Shoppes Goes Global Online
1:00p ET October 18, 2011 (PR NewsWire) Charming Shoppes, Inc., the leading women's specialty plus size retailer in the U.S., (NASDAQ: CHRS) is pleased to announce that today, for the first time, consumers shopping for plus sizes around the globe will have online access to fashion brands Lane Bryant, Cacique, Catherines, Fashion Bug and Loop 18, as well as the more than 300 brands offered at the Company's new plus size shopping hub, Sonsi.com.
Tick Tock Tick Tock...you hear that? That's the sound of RAYS clock running out.
You start shorting once the promo budget starts running dry and the insiders are unloading the last of their stock.
In due time my friend...in due time. RAYS = poo poo stock
RAYS: I would be a buyer of this scam somewhere in the $.02 range. Of course, thats assuming the shell is worth $100k after the scammers are done raping this. The story will end the same as all the others. RAYS will tank hard once all of the insiders and third parties finish dumping their stock on unsuspecting fools. Once the stock is sold, there is no further need to promote the company and all the paid newsletters pumping this POS will move on to the next paying gig leaving RAYS to fade into oblivion.
Unfortunately, the statistics are favoravle for RAYS and its tout newsletters...afterall, a sucker is born every minute.