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I totally agree with you Clay. This company is never to be trusted. They say one thing and do the other. Promises that never goes to fruition. All Empty promises and do you remember at one point they are bragging that he came from Military School where HONOR is respected and all. What happened to Phil's Honor? I guess that is all BS that they feed us shareholders and end up losing our money to this piece of $hit company. Not just I but my friends and relatives had invested in this Company. All LIES from CEO down to maybe their mailroom. God will only know. Good Luck Clay.
OMG!!!! We are back pre-split again!!!! That just tells you how this company works. Take your money elsewhere NOW!!!!!!!! Before it is too late. Phil Verges and Company does not care about the INVESTORS. They just care about themselves getting rich. I am so SURPRISE that this clowns are not in JAIL yet. We should all complain to the SEC and let them do an investigation. This is RIDICULOUS!!!! God have MERCY on their souls. I have written IR several times and left messages. Guess what? They never responded and returned any on my emails or calls. FIGURES. They are hiding because THEY CANNOT EXPLAIN why the price is again in the TOILET after 20 to 1 Reverse SPLIT. If they can answer that question which I doubt they would be returning my call or email. GOODBYE NWMT hope the management goes to JAIL.
Hey CLay,
Good to hear you are back. I am also out of posting for awhile been busy at work. Anyway, don't forget the promises that he never delivered.
1. Dividends
2. National Exchnage
and I am sure there are more that I have already forgotten.
I hope you stay on this board and start posting again.
Best Regards,
Augie
You have nailed Mr. Verges and his cronies to the wall. You are right on the money about them. They are just looking out for number 1 themselves. I used to believe in this company and now, every PR that comes out is just like blah blah blah blah blah. That is all I read. No SUBSTANCE. They keep on saying that the price is way undervalued. If it way UNDERVALUED why are the management not buying in the open market?????????? Why? Because they want to steal your money!!!!!!!!!! They want your money not their OWN. I even supported them awhile back but now it just DISGUST me how they can get away with all this. Now at 20 to 1 split. Who would be selling and bringing the share price down to its current level???? They are just thieves just like someone going into your house and robbing them blindly and they have the nerve to say it is undervalued and a share price target of potential $6.00. Give me a Fu##king break. As a graduate of West Point you are the most Disgusting person walking around in this world trying your best to rob people's hard earned money with all those EMPTY promises. Everyone who had held IPVO/NMKT Shares for the past 5 to 6 years knows the truth about this company. None of Mr. Verges promises gone to fruition except his pocket getting large while investors investment flush down the TOILET literally.
Hey all what happened to Claymolly? Have not heard anything from him lately. I am so disappointed with NMKT and had to recover my losses elsewhere. DO not BELIEVE IN ANYTHING PHIL VERGES and COMPANY say. They all LIE. Promises that never comes to fruition. NEVER!!!!!!!!!!!!! They will just take your investment and pocket it. That is what they do BEST.
You guys know what mistake we had with Phil's BullSh*t. We believed in him and he turn around and screwed us over big time. How many times have you heard him say no Reverse Split.... Too Many times to count. One thing I have learned the hard way from this investment is that PHIL VERGES CANNOT BE TRUSTED!!!!!! He is FULL of SH*T. He did not care about his investors/shareholders at all. He LIES and LIES and LIES. Good luck to you all.
I really cannot believe what Phil is saying on his new letter to the shareholders. What kind of BS again is he trying to say. The only thing I can tell that USED CARSALESMAN is KEEP YOUR DAMN PROMISES and all the rest will fall into place and SHUT THE F&$# up about other SALES CONTRACTS that has not been signed. Do a PR when it is completed not just in the process or Intent. Intent is not by far a DONE deal. Phil had mentioned so many many many promises during the IPVO to new NMKT Days. Where are they????? I guess it is all BS coming out of his A$$. He has the nerve to blame on the economy, short selling.... HOW about Management incompetentcy and DILUTION!!!!!!!!!!!! At one time Phil mentioned that he will get a lid on DILUTION where is that plan gone to???? I guess as usual up his A$$. OH well, I guess it is always easy to blame someone/something other than admitting your own mistake. My big MISTAKE on this all investing with NMKT is sharing it with my friends and relatives who are losing hard earned money to this A$$ as a CEO/Founder of NMKT. Good luck to all.
Darn it. We missed that question. That is the best of all. When she writes back if ever she writes back I will ask that question. That is a good one. Good luck to all of us.
Augie
Jen, you are absolutely right. I am not sure how we got from the high .30's to .05. Who was selling? Must be some shares being converted. That is the only thing I can think of since it has been in that range a long time before then just went straight down to the toilet. I should have listen to my accountant friend before when I asked him to look at the flings. Our Enemy DILUTION. Management keeps diluting our shares that is why we are in this price range. Short Selling give me a fu%ing break. Phil likes to blame others and he is the one that is causing all this to us Shareholders. Oh well,
Good Luck to you.
Augie
Hello this is my reply to Staci NMKT. Hope we get another reply.
On Wed, Nov 5, 2008 at 12:26 PM, augie augie <augieaugie@gmail.com> wrote:
Thank you for your reply. My name is Augie from the IHUB Board and currently holding around .300,000 Shares with a combine total of around 3,000,000 with my friends and families combined. Which in fact I have introduced that now I am regretting. I am a laughing stock whenever I see my family and friends and discuss about NMKT. Very EMBARRASSING!!!
I am not going to add anymore shares until Management do something to make us (Shareholders) Happy and a good return on our investment. We have invested in NMKT with all our hard earned money and it has dwindled down to almost nothing. I have been with NMKT since it was trading as IPVO and holding. At one point I have defended, praise, NMKT. You can look it up on the IHUB Board on all my post.
At this point, I am no longer sure since most of what Management has done was totally a disappointment to us. I have written to IR before letting you guys know to tell Phil Verges not to discuss any unsigned contract until everything has finalized. Yet again, he loves to open his mouth. And he is just making himself look bad and not trustworthy. I can name so many instances that he mentioned over and over again that he wants to do this and do that and never gets accomplished.
1. Dividends This was about 5 years ago and to date has seen zilt, zero, nada.
2. Move to a different Exchange I have heard this since IPVO days. That was about 6 years ago.
3. Filing on time. How can he be late with the filings and yet has the nerve to blame FINRA? He knows exactly when those are due and have plenty of time to do it and yet still have to file an extension and be late. That is unacceptable for a company that is making over 100 million dollars in Sales.
4. Deloitte this and Deloitte that. This is a joke. If they really want to be notice by the big 4 accounting firm hire one of them and for sure the company will be filing on time and all their filings will be nice and transparent.
5. Transparency Some of NMKT filings does not have the detail and terms of the preferred shares that was used back then. How do we know how many is out there that still needs to be converted? Look at the filing during the early days of NMKT....and IPVO...
You have given me all the links of the Filings and most of them we already read and we still don't think they are transparent enough. Who are all the people that NMKT have debt to? How about the Vergetech 60 Million Shares? Is that Phil's Safe Haven if something goes wrong with the company?
Got a poll from the IHUB and most of the shareholders there are holding about 5 million shares total. That is only a few shareholders that have responded to my request. Here is another list that they wanted answered.
1. where is John Verges and what are his specific duties, and who is paying him, and how much?
2. when exactly is the buyback
3. when exactly is the Everex deal done
4. why doesnt NMKT buy all shares of NLAI and CCSE
5. When exactly is the advisory board coming on
6. when are they going to get a real PR firm to represent them
7. How did Vergetech go from 20 million shares to 60 million shares
8.Why is the CEO still in charge and how can we remove him
9.What were the CEO's expense total for 2006, 2007, and 2008
10. Who bought the preferred shares and are they still going to be converted, and when?
11. Did Lutz get 2 million shares?
12. Did Staci get 2 million shares?
13 did Beacon get 3 million shares
14 Heck, list all shares given as payment over the last 24 months
15. what is status of loan with Valens exactly
16. what is the cost of going to NYC and BOCA to the presentations?
17. AMEX, NASDAY, NYSE, when exactly..and how?
Thank you,
On Mon, Nov 3, 2008 at 9:56 AM, Stasi Turrell <sturrell@newmarkettechnology.com> wrote:
Augie-
Hello Board, Do you guys have any questions? Concerns about NMKT. I am about to sent them another letter and see where it gets us. I am sure the answer will be check the filings and all. Yeah right!!! But we should ask anyways. At least they know that we are serious and will not tolerate unacceptable decisions and poor Management. Let me know.
Augie
Jen, Mine is only 300,000 but my friends and relatives that joined me totals to 3 million. Rich relatives and friends. They will ride it out. But shame on me for introding them to NMKT. They are also with me on VISA I think that is the only one that they really thank me for. Sometimes I am ashame to see them since this PIECE of $h^t of a company is going downwards and not upwards. No more OTCBB for me or PINKS ever. And a CEO that does not take charge and responsibility for his own action. Anyway, Good luck to all.
Augie
Sorry guys it took longer than I have expected to post their answer. Just been swamped at work. Here is their answers to my question and I am composing another email to them with regards to their answers. You guys can pitch in on what you guys want answered and any concerns.
On Mon, Nov 3, 2008 at 9:56 AM, Stasi Turrell <sturrell@newmarkettechnology.com> wrote:
Augie-
First of all, thank you for your investment and for contacting the company directly. We will do our best to answer your questions. Can you please let me know your shareholder name of record and amount of shares owned?
In behalf of the IHUB board we would like to know the current OS count for NMKT. If you cannot tell us, Please tell us the number and address of the transfer agent where we can get this information. The most recent OS count I have is from the second quarter report on www.sec.gov, which is: "As of August 19, 2008, the registrant had 218,127,765 shares of common stock outstanding." An updated number will be available on the third quarter results due out soon. Unless the information is already publicly available, I am not authorized to disclose it under Regulation FD (Full disclosure). Our transfer agent's information is readily available on our website under Investor Relations at http://www.newmarkettechnology.com/investor-relations.htm.
Is NMKT going to file this 3rd quarter on time? I expect NMKT to file its third quarter report on time.
We would like to know what is Management going to do to make their Shareholders happy? What are they going to do to bring the price where Management / their independent research company claims it should be trading?
The issue is share price alignment. The company has grown well over the past years, improved its bottom line and is diversified in both technology and geography, yet the share price and market cap are low, trading below book value. The market controls the share price, but management can work to influence it. Give us a call and we would be happy to discuss your concerns on the share price further.
When are all the other SUBS going to be transparent and file to date.? NMKT has two public subsidiaries – China Crescent (CCSE) and NewMarket Latin America (NLAI). CCSE is and has always been fully reporting ("transparent") (please see www.sec.gov) and NLAI was unreporting when it was acquired. NLAI's new management is currently in the process of filing past reports in order to bring NLAI current with reporting. As of last week, they had filed two past 10ks and a year's worth of past Q's.
When will NMKT be transparent in all their filings? NMKT is already transparent and all reports are available on www.sec.gov.
I would be happy to discuss the publicly available information in more detail. Please give us a call to discuss your investment and information on the company further.
Thank you again for contacting us and for your investment in the company -
Stasi Turrell
Stasi Turrell
NewMarket Investor Relations
214-722-3065
ir@newmarkettechnology.com
IR Webpage: http://www.newmarkettechnology.com/investor-relations.htm
From: augie augie [mailto:augieaugie@gmail.com]
Sent: Saturday, November 01, 2008 1:31 PM
To: ir@newmarkettechnology.com
Subject: OS Count
Hello,
In behalf of the IHUB board we would like to know the current OS count for NMKT. If you cannot tell us, Please tell us the number and address of the transfer agent where we can get this information. Is NMKT going to file this 3rd quarter on time? We would like to know what is Management going to do to make their Shareholders happy? What are they going to do to bring the price where Management / their independent research company claims it should be trading? When are all the other SUBS going to be transparent and file to date.? When will NMKT be transparent in all their filings? I think this is enough questions for now. In behalf of all disappointed investors from IHUB.
Thank you,
Augie
Hello All, Can you guys give me a total count that you currently own on NMKT. I have gotten a reply to my email that I sent last Sunday and will post here shortly. Please be honest and no Bull Sh@t on how much shares you own. I would love to get a total number so I can email IR back with the total number that we own. With me and my friends and family that I have intoduced NMKT long time ago currently own about 3 million shares. I would like to use the total number so we can let NMKT Management know that we are serious about our investment.
Good luck,
Augie
Sent this email to IR today. I hope to get an answer sometime next week. If not I guess Clay and I are on the black listed email from NMKT.
On Sat, Nov 1, 2008 at 1:30 PM, augie augie <augieaugie@gmail.com> wrote:
Hello,
In behalf of the IHUB board we would like to know the current OS count for NMKT. If you cannot tell us, Please tell us the number and address of the transfer agent where we can get this information. Is NMKT going to file this 3rd quarter on time? We would like to know what is Management going to do to make their Shareholders happy? What are they going to do to bring the price where Management / their independent research company claims it should be trading? When are all the other SUBS going to be transparent and file to date.? When will NMKT be transparent in all their filings? I think this is enough questions for now. In behalf of all disappointed investors from IHUB.
Thank you,
Augie
Clay, Not sure what the OS count to date is. There is a number that you can get this but I have already forgotten what it is. Can someone post the number and I will be happy to call and find out the current OS for this company. I know at one time they don't share the OS count if you don't have a fax number. Maybe we can write to IR and find that out. It is public traded so they should let us know what it is. I will email IR.
Hello Clay, One thing I have notice about NMKT since I started investing with them they are not transparent. That is my first mistake in investing with this one. Not again. I still hope but that hope is very little at this time so I am doing some research more on other companies out there that are a bargain hoping to recoup some of the losses I will be having with this one. I really hope that they can turn this around but they will not accomplish this if some of the SUBS are not even filing. I have emailed them so many times about Phil to shut his mouth before saying anything about contracts that has not been signed. Promises/Predications/Plans/ or whatever you want to call it that has not been delivered and my investment dwindling to NOTHING. I really hope that his FAMILY is so proud of their Father, A Husband, A Brother and A Son.
I thought you were mad at him before for saying all these and now I realized that you are right all along. As an investor we have the right!!!!!!!!!! Of coursse, those who are not investors can keep their mouth shut!!!!!! Anyway, good luck to you. For our sake and your Grandchildren's sakes that PHIL can TURN THIS AROUND.
Augie
Can someone verify from NMKT if this is still the case.... According to their email a while back that they will no longer use preferred stocks to acquire companies since 2 years ago per email. So those being converted that is bringing our shares down are from 2 years ago? Can someone confirm.
Thanks.
Reply from IR.
On 6/2/08, Whitney Marks-Price <wmarks@newmarkettechnology.com> wrote:
Augie –
First off, thank you for your investment and for contacting the Company. We appreciate all feedback.
The issued and outstanding did increase over the past few years as stock was used for some acquisitions, however stock has not been used for acquisition in over two years. Most increases you have seen in the past two years have been due to conversions from prior transactions. Those acquisitions have helped the company grow and over the past two years NMKT has taken the companies it has acquired and continued to grow the company organically.
With regards to share price, the current share price does not reflect the Company’s growth and value. Management is aware of this and is looking at strategies to work on aligning the stock price with the value of the Company. Regardless, I do know the Company is very aware of the current share price and is focused on improving it while continuing to deliver on its business plans and grow the Company.
Please let us know if you have any other questions.
Regards,
Whitney Marks-Price
From: augie augie [<a href="mailto:augieaugie@gmail.com" target="_blank"mailto:augieaugie@gmail.com</a]
Sent: Sunday, June 01, 2008 9:21 AM
To: ir@newmarkettechnology.com
Subject: DILUTION NMKT
Hello there,
I just have one question. When will MANAGEMENT STOP dilutiing our (SHAREHOLDERS) shares? At one point Phil Verges mentioned that he has plans on stoping this and whatever come about on that so called plan? Please mention to Phil Verges that he needs to stop focusing on Revenue and start building SHAREHOLDERS EQUITY. Shareholders are getting tired of all promises that was mentioned without delivering. We need to see our Share price go up not go DOWN. Please take ACTIONS. No more promises that cannot be delivered and for crying out loud please file on time. More profits, less debt, and definitely STOP Dilutiing our SHARES. In behalf of the NMKT IHUB Board.
Regards,
Augie
Jen, drop me an email. Would love to catch up with you and everything that is happening. When you get a chance.
Augie
No kidding he said that about you? Rick is another character. When you talk to him he will be talking in circles and alot of other stuff and trying to avoid the real question that you are asking about the company. But yet again he is being paid alot and I bet my hard earned dollars he does get paid well. I am not so sure if Phil has to approve that everything that comes out. Where does he get the time to do all those plus take care of the company? Oops did I say that out loud take care of the company.. Anyway, Clay I hope this puppy turns NORTH next year so is our economy. My other stocks are all down the toilet at this moment. Alot of bargains out there...
Good luck to all.
The only thing I can think of about this company.... Sorry been holding this for the longest time, time and time again they have VERY sloppy PR / IR people. They don't even re-read proof read before they send them out. How un-professional is that!!!!! and not to mention not correcting the previous PR on their website, maybe they don't know??? Or it is just a habit that they don't care. TOTALLY UN-ACCEPTABLE. It just tells the shareholders we have LAZY LAZY LAZY people working for NMKT or they DON'T GIVE A RATs A$$ about us shareholders. I am begining to think of the later. Oh well, You WIN Some and YOU LOSE Some.
Good Luck to all.
Oltimer is this one you are talking about?
This is part of an email today from StockHideout.com:
Investor turned Vulture
Let's look at a company that has a balance sheet that exemplifies "value." One look at NewMarket Technology Inc.'s (NMKT) balance sheet should trigger drooling and a rapid heart beat in investors turned vulture. This stock should look to you the same way a vulture looks at a mouse with two broken legs, a smashed-in face, and bleeding from the ears.
So we need to do some swooping in this market. The shares of NMKT have been savaged and slaughtered. Take a look at these fundamentals. And prepare to pounce!
Don't Become Distracted; Focus on the Fundamentals
Newmarket Technology trades at a price/book of 0.23. The company trades at 23 cents on the dollar of its total net worth! Find a company that trades so cheaply and still makes money. Find the stock and e-mail us. We'll feature it. Go to MotleyFool.com and do a search. See how many stocks you'll find that have a price/book less than one and aren't going out of business.
Return on Equity=14.25%. Anything wrong with 14% return on equity?
Quarterly earnings growth=43.10%. Earnings may slow, maybe, but there's a lot of room to play with there.
The company can presently be referred to as a "cash cow." The current ratio is a healthy 3.25. And debt? The debt/equity ratio is 0.13, essentially debt that can be paid off in a week.
Sorry to hear that Clay. But I am sure if you tell them that you represent the board they have to return your call since you are not just representing yourself but the whole board. Usually when I wrote to them when I was the MOD I start with I am the MOD for the NMKT IHUB Board then....etc... But of course I have to tone down my email and be civil. I understand your frustration we are all on the same boat. Too many promises that has not been delivered. If our CEO could just keep his mouth shut before things really occur. Example that we he should have shut his mouth that we have been waiting for so long is the dividend. It would have been nice if he gives us the dividend first then tell everybody else then for sure we will be in the $3.00 or so range. Oh well, I guess that is how he practices to bait all the shareholders in getting more shares and buy into his BS. I will just see what happens next year and go from there. I still believe we can get there but it is taking too long. We just need to be transparent on all SUBS including NMKT Parent and all will fall into place. Either we go uphill or downhill.
Good Luck to all.
I think you can just copy and paste it. Highlight the text and press control c for copy and Control p for paste. To highlight just right click on the text you want to copy and drag from one corner to the next. Hope that helps.
Good Luck to all,
Augie
Hey Scov, Thanks but I think the best person to be the MOD for this board is CLAY. Obviously Clay is retired and would have some time to make our voices heard to NewMarket Management. If he says that he represents the masses on this board he will get some attention there. I nominate CLAY as the MOD. I believe he will do a great job on this since he mentioned that he has alot riding on this one. Not to mentioned that we can always all help him out. Do all the research and hopefully our stock can get to our goal of $1.00 someday.
Good luck to all,
Augie
Hello All,
The World economy is down the toilet at the moment. I still have some shares from the IPVO days and still waiting for this puppy to go up. I don't see anything in the near term that would bring this stock to where they think (NEWMARKET MANAGEMENT) believe it should be not to mention Phil Verges BIG MOUTH. All the shareholders have mentioned to him time and time again to SHUT THE F$#%UP about future closings, predictions, sales until they know exactly the date it will close. He loses alot of credibility, TRUST, Confidence by shareholders and future shareholders. PR is a joke and lots of fluff and no meat in it. They always say Deloitte recognizes them for this and for that. If they want to be recognize totally and not to be in the pink sheet in the first place they should have hired them to start with. The list can go on forever about the promises that shareholders from the IPVO days are still waiting and have not been fulfilled. The only thing that I can say about Newmarket is PHIL has better wake up and stop being a bonehead and take responsibility and turn this around. Not sure how he will accomplish this since the MARKET in general is down the toilet and no one is going to invest specially in the PINKS since there are more stocks to choose from at a discount out there. The only positive that I can see with NEWMARKET is their diverse business over Chine and Latin America. NEWMARKET TECHNOLOGY FILE ON TIME!!!!!!!! As if you guys don't know when they are supposed to be filed. GOING ON THE PINK IS MANAGEMENT FAULT not FINRA DO NOT BLAME OTHERS FOR YOUR SHORTCOMINGS!!!!!!! F#C&ING GROW UP AND TAKE RESPONSIBILITY. OKAY I am done venting.
GOOD LUCK TO ALL.
Reply from IR.
On 6/2/08, Whitney Marks-Price <wmarks@newmarkettechnology.com> wrote:
Augie –
First off, thank you for your investment and for contacting the Company. We appreciate all feedback.
The issued and outstanding did increase over the past few years as stock was used for some acquisitions, however stock has not been used for acquisition in over two years. Most increases you have seen in the past two years have been due to conversions from prior transactions. Those acquisitions have helped the company grow and over the past two years NMKT has taken the companies it has acquired and continued to grow the company organically.
With regards to share price, the current share price does not reflect the Company’s growth and value. Management is aware of this and is looking at strategies to work on aligning the stock price with the value of the Company. Regardless, I do know the Company is very aware of the current share price and is focused on improving it while continuing to deliver on its business plans and grow the Company.
Please let us know if you have any other questions.
Regards,
Whitney Marks-Price
From: augie augie [mailto:augieaugie@gmail.com]
Sent: Sunday, June 01, 2008 9:21 AM
To: ir@newmarkettechnology.com
Subject: DILUTION NMKT
Hello there,
I just have one question. When will MANAGEMENT STOP dilutiing our (SHAREHOLDERS) shares? At one point Phil Verges mentioned that he has plans on stoping this and whatever come about on that so called plan? Please mention to Phil Verges that he needs to stop focusing on Revenue and start building SHAREHOLDERS EQUITY. Shareholders are getting tired of all promises that was mentioned without delivering. We need to see our Share price go up not go DOWN. Please take ACTIONS. No more promises that cannot be delivered and for crying out loud please file on time. More profits, less debt, and definitely STOP Dilutiing our SHARES. In behalf of the NMKT IHUB Board.
Regards,
Augie
Hello All,
I sent this email to IR today. Just getting tired of NMKT's Management doing nothing on behalf of us SHAREHOLDERS.
Hello there,
I just have one question. When will MANAGEMENT STOP dilutiing our (SHAREHOLDERS) shares? At one point Phil Verges mentioned that he has plans on stoping this and whatever come about on that so called plan? Please mention to Phil Verges that he needs to stop focusing on Revenue and start building SHAREHOLDERS EQUITY. Shareholders are getting tired of all promises that was mentioned without delivering. We need to see our Share price go up not go DOWN. Please take ACTIONS. No more promises that cannot be delivered and for crying out loud please file on time. More profits, less debt, and definitely STOP Dilutiing our SHARES. In behalf of the NMKT IHUB Board.
Regards,
Augie
Hey Jen,
How about the V. Glad to have entered at the right time. Maybe I should drop this piece of company and put all my investment there. That is one that we can really call an INVESTMENT.
good luck.
Augie
Hey Jen,
Did you get V? I am already ahead of the game with this one. Actually most of my family got some as well. I hope it beats MC in the long run then I will have my home in Vegas
Good luck to you.
Augie
Hello Eastunder,
Just wanted to let you know after reading the 10K line by line it is not as great that I have hope. But glancing at it it is not bad. Just too much dilution. I have sent a copy of the 10k to my friend who is a CPA and he will let me know by next week what he thinks. I still have hope for this company and we will get there one way or another. Phil just have to shut up and stop his BS and stop predicting and defintely stop all the PROMISES that he cannot DELIVER. Good luck to all.
Peace,
Augie
Hello All,
I don't get why we are down today. Looking at the 10K everything looks good. Better than what I expected but overall it looks good. It must be a trust issue with our CEO. All those stupid promises not being delivered. Time and time again our CEO / Leader has disappointed us the shareholders. Need to shut up Phil. I hope he gets it by now but I guess not. Anyway, good luck to all.
Peace,
Augie
Digi,
Good luck and keep up the great work. We are here to support you.
Peace,
Augie
SBC,
You will be missed. Drop in once in awhile and don't be s stranger. Good Luck to all.
Peace,
Augie
Clay,
Been on this board long enough that I would like to say you do complain alot. Why don't you talk to IR, NMKT and let them know your concerns and how you really feel about Phil. Believe me I know how you feel. Trust me. Some of us here on this board have been here since the IPVO days. So we know exactly what you are talking about. Bashing Phil day in day out is not productive. My suggestion to you is call IR, NMKT phones are listed on every PR and voice your concerns. I am sure they would love to hear from you. There is no disrepect here. I know you can say whatever you want but some people are getting tired of it. Just wanted to let you know.
Peace,
Augie
Jen,
Can you email me. I have lost your email address for some odd reason. Would like to ask you some questions. Hear from you soon. I just added some more NMKT stocks yesterday and the day before. Got that Vegas fever again Still waiting for this Company to head up someday. I hope our patience will be rewarded.
Good luck to all.
Peace,
Augie
WOW!!!! I just read all the PR's and glad to hear that an investment firm is joining our quest. I am looking forward to next week. Good Luck to all. Finally headed the right direction. Up we go....
Peace,
Augie
Wall Street Reporter Spotlights CEOs of Sabina Silver Corporation, Haemacure Corporation, and NewMarket Technology, Inc. in Exclusive Interviews
Tuesday November 27, 9:27 am ET
NEW YORK, Nov. 27, 2007 (PRIME NEWSWIRE) -- Wall Street Reporter recently conducted exclusive interviews with Albert Brantley, CEO of Sabina Silver Corporation (CDNX:SBB.V - News), Joseph Galli, Chairman and CEO of Haemacure Corporation (Toronto:HAE.TO - News), and Philip Verges, CEO of NewMarket Technology, Inc. (OTC BB:NMKT.OB - News). The interviews are available now at http://www.wallstreetreporter.com.
Philip Verges, CEO of NewMarket Technology, Inc. (OTC BB:NMKT.OB - News), a worldwide systems integration company, tells us about growth in emerging markets in conjunction with the upcoming Beijing Olympics and United States Presidential Election. ``We believe 2008 is going to be a landmark year,'' says Mr. Verges.
Highlights of the audio interview Include:
* The lucrative opportunities created by China's growing middle class
and consumer economy. NewMarket currently has annualized sales in
China of approximately $40 million dollars.
* NewMarket's annualized sales in Brazil's emerging market of
approximately $20 million dollars.
* NewMarket's 20% organic revenue growth over the past year.
* Management's plans for growth from M&A activity in 2008.
Interviewed at the 4th Annual Acumen BioFin Rodman & Renshaw Global Healthcare Conference in NYC, Haemacure Corporation (Toronto:HAE.TO - News) Chairman and CEO Joseph Galli described the company's human-derived fibrin sealant. ``Based on what the investment community has told me, this could be the breakout biotechnology story of the year,'' Mr. Galli tells us.
Highlights of the Video Interview Include:
* A Phase III clinical trial on Haemacure's primary hemostasis
product.
* The prior dosing of 151 patients, which provides Haemacure with
prior awareness of the product's safety and efficacy.
* The human-derived fibrin sealant's ability to promote healing and
cut the risk of infection after surgery.
Albert Brantley, CEO of Sabina Silver Corporation (TSX.V:SBB), gave Wall Street Reporter an exclusive interview at the Toronto Resource Investment Conference, in which he discusses the company's well-funded Hackett River Deposit. ``We're in the very fortunate position of having about $55 Million in our treasury,'' explains Mr. Brantley.
Highlights of his video interview Include:
* A completed 17,000-meter drilling program on the Hackett River
Deposit.
* Management's plans to announce updated resource statements early
next year.
* Haemacure's ongoing exploration of projects in the Red Lake
District.
Wall Street Reporter (Est. 1843) is the premier source of investment information on global small-cap public companies in high-growth sectors. Through their magazines, special reports, web site, and conferences, WSR presents unique opportunities for discovering stocks before they appear on the radar of Wall Street. Visitors to their website, http://www.wallstreetreporter.com, can listen to and view exclusive audio and videos from an extensive library of CEO interviews, analyst roundtables, and conference webcast presentations, as well as subscribe to WSR's ``Smart Money Alert'' - a weekly update of stock picks and timely market insights from top analysts and stock gurus.
These and other exclusive interviews are available at http://www.wallstreetreporter.com
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Forward-Looking Statements
Statements in this press release relating to plans, strategies,economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as ``may,'' ``will,'' ``should,'' ``could,''``expects,'' ``plans,'' ``intends,'' ``anticipates,'' ``believes,'' ``estimates,''``predicts,'' ``forecasts,'' ``potential,'' or ``continue,'' or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity,performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Wall Street Reporter Magazine
Jack Marks, CEO & Publisher
(212) 363 - 2600, ext. 260
www.WallStreetReporter.com
Haemacure Corporation
Joseph Galli, Chairman and CEO
(514) 282 - 3350
www.haemacure.com
NewMarket Technology, Inc.
Philip Verges, CEO
(972) 386 - 3372
www.newmarkettechnology.com
Sabina Silver Corporation
Albert Brantley, CEO
(519) 438 - 4555
www.sabinasilver.com
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Source: Wall Street Reporter Magazine; Sabina Silver Corporation, Haemacure Corporation, NewMarket Technology, Inc.
NewMarket Technology, Inc. Announces Two Contracts Worth $1.2 Million to Be Recognized in Historically Strong Fourth Quarter
Tuesday November 27, 9:00 am ET
Company to Deliver Application Acceleration Solution to Financial Organization and Billion Dollar Electronics Design Firm
DALLAS, TX--(MARKET WIRE)--Nov 27, 2007 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) announces two new contracts worth $1.2 million in revenue expected to be realized in the fourth quarter of 2007. NewMarket traditionally has experienced very strong sales in the fourth quarter. The Company anticipates these two new contracts to be the first of more contract announcements before the end of the year.
NewMarket will deliver an application acceleration solution to a major financial organization and a billion dollar electronics design company. Both NewMarket clients are headquartered in the San Francisco Bay Area. The clients and the specifics of the solution remain confidential at the clients' request. Both the details of the technology and the intent of its application are proprietary.
Financial Year to Date Information and Relative Percentage Growth Compared to the Previous Year
Nine Months Ended September 30, 2007
The Company reported $63.5 million in revenue for the nine months ended September 30, 2007 and $2.8 million in net income. Year-to-date revenue has increased 19% compared to the same period last year and net income has increased 21%.
Three Months Ended September 30, 2007
Revenue in the third quarter increased 24% from $18.9 million in 2006 to $23.4 million in 2007. This revenue increase was due to organic growth as the Company's last acquisition was in early 2006. Third quarter net income increased 13% from $1.4 million in 2006 to $1.6 million in 2007.
Financial Performance Highlights
Balance sheet:
-- Stockholders' equity increased 29% from same quarter last year ($53.3
v. $41.3m)
-- Stockholders' equity increased 18% year-to-date ($53.3 v. $45.2m)
-- Working capital increased 250% from same quarter last year ($17.8 v.
$5.1)
-- Total assets increased 15% from same quarter last year ($72.5 v.
$62.8)
Statement of Operations:
-- Revenue for 3rd quarter 2007 increased 24% from 3rd quarter 2006
($23.4m v. $18.9m)
-- Revenue for first 9 months 2007 increased 19% from first 9 months 2006
($63.5m v. $53.2m)
-- Operating expense percentage decreased, 14% of sales in 3rd quarter
2007 v. 23% of sales in 3rd quarter 2006
-- Net income (before currency translation) for 3rd quarter 2007
increased 13% from 3rd quarter 2006 ($1.6m v. $1.4m)
-- Net income (before currency translation) for first 9 months 2007
increased 21% from first 9 months 2006 ($2.8m v. $2.3m)
NewMarket CEO Interviewed by Wall Street Reporter
NewMarket CEO Philip Verges was interviewed by the Wall Street Reporter on Monday. The interview features NewMarket's growth in emerging markets in conjunction with the upcoming Beijing Olympics and United States Presidential Election. The interview is available at http://www.wallstreetreporter.com/page.php?page=featured&tab=2&id=27586 and requires free registration.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Oracle, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. Some emerging technology solutions NewMarket provides include VoIP, Broadband Wireless and Security.
NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.
NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Contact:
Contact:
NewMarket Technology, Inc.
Investor Relations
Tel: 214-722-3065
Email: ir@newmarkettechnology.com
http://www.newmarkettechnology.com
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Source: NewMarket Technology, Inc.
Hello J!!!
I am still around just busy at work lately and family. I have not been following the stock for a while now just reading PR here and there. It is almost the same all the time anyways . Hope all is well with you but not sure why this stock just don't want to move. It appears to be stuck. Need some help pushing it up!!!!
Good luck to all.
Peace,
Augie