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TLST
Telesis Technology Corporation Receives New Orders Totaling in Excess of $570,000
PALMETTO, Fla.--(BUSINESS WIRE)--April 7, 2006--Telesis Technology Corporation (OTC:TLST) today announced that the Company has received a series of new orders totaling $570,000.00 specifically for the support of weapons systems, ground support and aerospace equipment spares program as of the first quarter of 2006. Deliveries and performance on these contracts are expected to commence during the first half of 2006. During the first quarter the company also received its first subcontract from a prime contractor. The name and details are kept confidential due to contractual requirements imposed and due to competitive reasons.
Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis commented: "Telesis continues to effectively execute its business plan as we continue to build out our infrastructure and systems to be able to increase support and capacity for potential large orders. We are laying a fine foundation to sustain and maintain growth for our new focus. We remain confident that our strong operating performance will continue and grow with our infrastructure for the remainder of 2006 and going into 2007. We have also implemented a new strategy to increase subcontract work for the major prime contractors, this strategy has already started to materialize as we received our first subcontract award for the support of armored vehicular equipment."
About Telesis Technology Corporation
Telesis Technology Corporation is a diversified Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Nebraska and Florida. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
TLST
Telesis Technology Corporation Receives New Orders Totaling in Excess of $570,000
PALMETTO, Fla.--(BUSINESS WIRE)--April 7, 2006--Telesis Technology Corporation (OTC:TLST) today announced that the Company has received a series of new orders totaling $570,000.00 specifically for the support of weapons systems, ground support and aerospace equipment spares program as of the first quarter of 2006. Deliveries and performance on these contracts are expected to commence during the first half of 2006. During the first quarter the company also received its first subcontract from a prime contractor. The name and details are kept confidential due to contractual requirements imposed and due to competitive reasons.
Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis commented: "Telesis continues to effectively execute its business plan as we continue to build out our infrastructure and systems to be able to increase support and capacity for potential large orders. We are laying a fine foundation to sustain and maintain growth for our new focus. We remain confident that our strong operating performance will continue and grow with our infrastructure for the remainder of 2006 and going into 2007. We have also implemented a new strategy to increase subcontract work for the major prime contractors, this strategy has already started to materialize as we received our first subcontract award for the support of armored vehicular equipment."
About Telesis Technology Corporation
Telesis Technology Corporation is a diversified Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Nebraska and Florida. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
TLST
Telesis Technology Corporation Receives New Orders Totaling in Excess of $570,000
PALMETTO, Fla.--(BUSINESS WIRE)--April 7, 2006--Telesis Technology Corporation (OTC:TLST) today announced that the Company has received a series of new orders totaling $570,000.00 specifically for the support of weapons systems, ground support and aerospace equipment spares program as of the first quarter of 2006. Deliveries and performance on these contracts are expected to commence during the first half of 2006. During the first quarter the company also received its first subcontract from a prime contractor. The name and details are kept confidential due to contractual requirements imposed and due to competitive reasons.
Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis commented: "Telesis continues to effectively execute its business plan as we continue to build out our infrastructure and systems to be able to increase support and capacity for potential large orders. We are laying a fine foundation to sustain and maintain growth for our new focus. We remain confident that our strong operating performance will continue and grow with our infrastructure for the remainder of 2006 and going into 2007. We have also implemented a new strategy to increase subcontract work for the major prime contractors, this strategy has already started to materialize as we received our first subcontract award for the support of armored vehicular equipment."
About Telesis Technology Corporation
Telesis Technology Corporation is a diversified Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Nebraska and Florida. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
TLST
Telesis Technology Corporation Reports Record Revenues For Year End 2005
PALMETTO, Fla., Apr 04, 2006 (BUSINESS WIRE) -- Telesis Technology Corporation (OTC:TLST) today announced record results for the year ended December 31, 2005.
Record sales revenue for the year ended on December 31, 2005 was $2,607,616 compared with $1,521,903 for the same period ended a year earlier in 2004. This was an increase of 72% in Revenues. Gross income from continuing operations for the year ended December 31, 2005 was $401,533 compared with $518,876 for the same period in 2004. There was a slight decrease in gross profit due to higher indirect labor and professional costs. Telesis Technology Corporation reported a positive net income after tax for the year ended December 31, 2005 of $22,611. Once again, we concluded 2005 with positive numbers and continued growth.
Total Assets for the twelve months ended on December 31, 2005 were reported at $1,684,822 compared to $1,391,573 for the same period in 2004. This was an increase of 21%. Total Liabilities for the twelve months ended December 31, 2005 were $278,767 compared to $471,690 which is a decrease of 70%.
"Telesis reported good growth for our revenues and once again posted positive net income," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "We generated positive cash flow while growing our assets and decreasing our overall debt. Shareholder's equity has increased to $1,406,055 from $919,883 a year ago. We maintained stable gross profit margins across all divisions at 16% on strong demand and acceptance of our products and services," stated Mr. Vibhakar.
About Telesis Technology Corporation
Telesis Technology Corporation is a diversified Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Nebraska and Florida. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation & Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
TLST
Telesis Technology Corporation Reports Record Revenues For Year End 2005
PALMETTO, Fla., Apr 04, 2006 (BUSINESS WIRE) -- Telesis Technology Corporation (OTC:TLST) today announced record results for the year ended December 31, 2005.
Record sales revenue for the year ended on December 31, 2005 was $2,607,616 compared with $1,521,903 for the same period ended a year earlier in 2004. This was an increase of 72% in Revenues. Gross income from continuing operations for the year ended December 31, 2005 was $401,533 compared with $518,876 for the same period in 2004. There was a slight decrease in gross profit due to higher indirect labor and professional costs. Telesis Technology Corporation reported a positive net income after tax for the year ended December 31, 2005 of $22,611. Once again, we concluded 2005 with positive numbers and continued growth.
Total Assets for the twelve months ended on December 31, 2005 were reported at $1,684,822 compared to $1,391,573 for the same period in 2004. This was an increase of 21%. Total Liabilities for the twelve months ended December 31, 2005 were $278,767 compared to $471,690 which is a decrease of 70%.
"Telesis reported good growth for our revenues and once again posted positive net income," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "We generated positive cash flow while growing our assets and decreasing our overall debt. Shareholder's equity has increased to $1,406,055 from $919,883 a year ago. We maintained stable gross profit margins across all divisions at 16% on strong demand and acceptance of our products and services," stated Mr. Vibhakar.
About Telesis Technology Corporation
Telesis Technology Corporation is a diversified Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Nebraska and Florida. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation & Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
TLST, AMLJ, CVU, AIM, FLT, DCO (DEFENSE COMPANY FOCUS)
IMO, Aerospace & Defense Contractors will do well in the next 10 year cycle.
Bush Seeks $439 Billion for Defense Budget
Washington
Published: Friday, February 03, 2006
US President George W. Bush will reportedly request Congress to confirm the $439,3 billion defense budget sought for the 2007 fiscal year.
The new defense budget draft, which will be sent to Congress on Monday, foresees a 4.8 percent increase in comparison with the 2006 defense budget.
Almost $84 billion of the 2007 defense budget, excluding the amount that will be spent for Iraq and Afghanistan, is planned for the purchase of weapons programs such as fighter jets, and $73 billion of it to be earmarked for military research and development programs.
Bush will also seek an emergency down payment of $70 billion towards financing ongoing wars in Iraq and Afghanistan.
For the wars in Iraq and Afghanistan, Bush will request $50 billion.
Reportedly, almost all of the $320 billion provided for the wars in Iraq and Afghanistan has been spent.
TLST, AMLJ, CVU, AIM, FLT, DCO, HRS, BEAV, LMIA, DRS (DEFENSE COMPANY FOCUS)
IMO, Aerospace & Defense Contractors will do well in the next 10 year cycle.
Bush Seeks $439 Billion for Defense Budget
Washington
Published: Friday, February 03, 2006
US President George W. Bush will reportedly request Congress to confirm the $439,3 billion defense budget sought for the 2007 fiscal year.
The new defense budget draft, which will be sent to Congress on Monday, foresees a 4.8 percent increase in comparison with the 2006 defense budget.
Almost $84 billion of the 2007 defense budget, excluding the amount that will be spent for Iraq and Afghanistan, is planned for the purchase of weapons programs such as fighter jets, and $73 billion of it to be earmarked for military research and development programs.
Bush will also seek an emergency down payment of $70 billion towards financing ongoing wars in Iraq and Afghanistan.
For the wars in Iraq and Afghanistan, Bush will request $50 billion.
Reportedly, almost all of the $320 billion provided for the wars in Iraq and Afghanistan has been spent.
Rapid Link Latest News
http://www.herdonthestreet.com/technology.htm
TLST - Zacks (microcap gems) started covering TLST. Also made annual high today on 18k volume.
http://microcapgems.com/newsletter/37.html
http://www.knobias.com/individual/public/news.htm?eid=3.1.bd0cd4d288329c27d5fde66320618a4e131f0ce537...
TLST talked about it last week also, ZACKS Investments is now covering this stock. Microcap gems is owned by ZACKS.
http://www.knobias.com/individual/public/news.htm?eid=3.1.bd0cd4d288329c27d5fde66320618a4e131f0ce537...
SPDV
SpaceDev Completes Acquisition of Starsys Research Corporation; Starsys Becomes Subsidiary of SpaceDev After Stockholders Overwhelmingly Approve Merger
POWAY, Calif.--(BUSINESS WIRE)--Feb. 2, 2006--SpaceDev (OTCBB: SPDV) has completed the acquisition of Starsys Research Corporation after each company obtained approval from over 98% of shares voting on the merger and unanimous approvals from both companies' Board of Directors. The combined company is headquartered in California and maintains operating centers in California, Colorado and North Carolina, with over 50 active projects. It will have almost 200 employees dedicated to the design and manufacture of affordable and innovative space products for commercial, military and civilian government use.
"The merger of SpaceDev and Starsys represents a major milestone for our company and for our industry, and brings us to a new plateau in our corporate development" said Mark N. Sirangelo, Chief Executive Officer and Vice-Chairman of SpaceDev. "By combining the broad range of high tech space product development and production capabilities of Starsys with SpaceDev's capabilities for designing and building high performance, low cost satellites, spacecraft and propulsion systems, we are creating a dynamic mid-sized company focused on filling the expanding need for affordable and rapid access to space."
Starsys designs, engineers and manufactures mechanical systems, structures, and mechanisms that open, close, release, and move components on spacecrafts. This includes motion-control actuators, cover systems, deployment systems, and separation systems. Starsys' components have been utilized with 100% operational success on over 200 missions, including the Mars Rover, Cassini, and Deep Impact. Starsys' quality is exemplified by the Mars Rover missions, in which Starsys provided 25 mechanisms for each rover controlling almost everything that moves, including cameras, science experiments and the drive mechanisms that allow the rovers to roam the Martian surface. All of these mechanisms have functioned beyond their design life, enabling earthbound scientists to explore the red planet.
Scott Tibbitts, Chairman and Chief Executive Officer of Starsys prior to the merger, said, "We believe this merger makes tremendous sense for our clients, shareholders and employees and we are delighted to join with SpaceDev in their exciting vision for the future of private industry in space." Tibbitts added, "We are combining two successful, mission-driven organizations with similar corporate cultures, unified with a singular focus on the commercialization of space. "Scott Tibbitts will remain with the combined companies in the role of Managing Director and as a Director on the Board of Directors of SpaceDev. Robert Vacek, President of Starsys prior to the merger, will continue as the President of Starsys, Inc, a division of SpaceDev.
SpaceDev designs, manufactures, markets, and operates sophisticated micro- and nano-satellites, as well as, hybrid rocket propulsion systems for potential sub-orbital and orbital launch and transport systems, including prospective missions for cargo and safe human space flight. SpaceDev is a leader in developing satellite and hybrid propulsion technology that is safe, low-cost and can be rapidly developed and deployed. As part of the SpaceShipOne team, SpaceDev provided critical hybrid rocket technology and key components to Scaled Composites for the rocket engines and propelled SpaceShipOne to capture the Ansari X-Prize. SpaceDev's first satellite, CHIPSat was an experimental NASA satellite developed under contract with UC Berkeley. CHIPSat was successfully launched in January of 2003 and continues to function today, beyond its designed mission life of 12 months.
Jim Benson, SpaceDev's founding Chairman and Chief Technology Officer said, "This merger of SpaceDev and Starsys is one important step in the process of realizing our vision for SpaceDev. We are enthusiastic about building a larger organization that can address the growing needs of a market that is increasingly realizing the value of nimble entrepreneurial space companies. We believe this combination will provide SpaceDev with the ability to attract and successfully undertake bigger and more important projects."
"This merger represents a unique opportunity to grow our capabilities, infrastructure, revenue and eventually profits," said Richard Slansky, President and Chief Financial Officer of SpaceDev. "We continue to see growing interest and belief in our business model. SpaceDev has delivered almost three years of increasing revenue, with two years of operating profit and had net profits for the first nine months of 2005. We believe that by applying SpaceDev's financial controls to Starsys, the combined entity will be a strong growing player in the mid-sized aerospace marketplace."
About SpaceDev
SpaceDev (OTCBB: SPDV) is a high tech space development company that creates and sells affordable and innovative high tech space products and solutions to government and commercial enterprises. SpaceDev's innovations include the design, manufacture, marketing and operation of sophisticated micro- and nano-satellites. SpaceDev designs and builds safe hybrid rocket motor propulsion systems for sub-orbital and orbital transportation systems for cargo and for human space flight. Upon founding SpaceDev in 1997, Jim Benson started the trend of successful computer entrepreneurs moving into the space development arena. For more information, visit www.spacedev.com.
Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism and satisfaction with current prospects, as well as words such as "believe," "intends," "expects," "plans," "anticipates" and variations thereof, identify forward-looking statements, although their absence does not mean that a statement is not forward looking. Forward-looking statements are based on the Company's current expectations. Such forward-looking statements are not guarantees of performance, and the Company's actual results could differ materially from the Company's current expectations based on many factors that are directly or indirectly related to the items discussed above. Factors directly related to the subject of this release that could cause or contribute to such differences include risks and uncertainties associated with the Company's acquisition of Starsys Research Corporation, including (i) the Company's ability to effectively integrate operations and effectively execute the business plan (ii) any loss of a major customer or rescheduling or cancellation of customer orders, (iii) the uncertainties in the government budgeting process, (iv) the combined company's ability to control costs and expenses, (vi) the possibility of further cost overruns on fixed-price contracts, and (vii) the need for additional financing to support the combined business. Reference is also made to other factors set forth in the Company's periodic reports filed with the Securities and Exchange Commission, including "Management's Discussion and Analysis" and other sections of the Company's most current Annual Report on Form 10-KSB and subsequent Quarterly Reports on Form 10-QSB. These forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release.
TLST Coverage
http://microcapgems.com/newsletter/37.html
TLST & ICOP
Microcap Gems Portfolio added both companies. This is a great microcap resource website.
http://microcapgems.com/newsletter/37.html
ICOP & TLST
Just added to Microcap gems portfolio.
http://microcapgems.com/newsletter/37.html
TLST With volume of 7k, made a new annual high at 1.01. Today a new inetrview is available.
http://www.knobias.com/individual/public/news.htm?eid=3.1.c41f7fd778742a431247e51562903ecabefe4db204...
TLST New annual high today at 1.01. Also, a new interview is out with the CEO.
http://www.knobias.com/individual/public/news.htm?eid=3.1.c41f7fd778742a431247e51562903ecabefe4db204...
TLST and PVX Update the Investment Community in All New Interviews With www.wallst.net
NEW YORK, Jan 31, 2006 /PRNewswire via COMTEX/ -- On January 24, Hasit Vibhakar, President and CEO of Telesis Technology Corporation (Pink Sheets: TLST) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- overview of the company, each of its divisions, and target markets
-- current customers
-- current capitalization
-- near-term growth opportunities; strategy to capitalize on industry
trends
-- laying the groundwork for long-term growth
-- upcoming strategic and financial milestones
On January 25, Tom Buchanan, CEO of Provident Energy Trust (NYSE: PVX) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- advantages of an energy trust over a conventional oil and gas company
-- current capitalization
-- capital spending in 2006
-- near-term growth prospects
-- value-driven acquisition strategy
-- competitive advantage over other Canadian energy trusts
-- upcoming strategic and financial milestones
To hear the interviews in their entirety, visit http://www.wallst.net , and click on "Interviews/Podcasts." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews/Podcasts" page or by entering the respective company's ticker symbol in the Search Archive window at the bottom of the "Interviews/Podcasts" page.
About WallSt.net
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We are expecting to receive two thousand two hundred fifty dollars from Telesis Technology Corporation for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .
Contact: Nick Iyer
1-800-4-WALL-ST
SOURCE WallStreet Direct, Inc.
PVX & TLST
TLST and PVX Update the Investment Community in All New Interviews With www.wallst.net
NEW YORK, Jan 31, 2006 /PRNewswire via COMTEX/ -- On January 24, Hasit Vibhakar, President and CEO of Telesis Technology Corporation (Pink Sheets: TLST) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- overview of the company, each of its divisions, and target markets
-- current customers
-- current capitalization
-- near-term growth opportunities; strategy to capitalize on industry
trends
-- laying the groundwork for long-term growth
-- upcoming strategic and financial milestones
On January 25, Tom Buchanan, CEO of Provident Energy Trust (NYSE: PVX) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- advantages of an energy trust over a conventional oil and gas company
-- current capitalization
-- capital spending in 2006
-- near-term growth prospects
-- value-driven acquisition strategy
-- competitive advantage over other Canadian energy trusts
-- upcoming strategic and financial milestones
To hear the interviews in their entirety, visit http://www.wallst.net , and click on "Interviews/Podcasts." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews/Podcasts" page or by entering the respective company's ticker symbol in the Search Archive window at the bottom of the "Interviews/Podcasts" page.
About WallSt.net
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We are expecting to receive two thousand two hundred fifty dollars from Telesis Technology Corporation for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .
Contact: Nick Iyer
1-800-4-WALL-ST
SOURCE WallStreet Direct, Inc.
TLST (New Interview)
TLST and PVX Update the Investment Community in All New Interviews With www.wallst.net
NEW YORK, Jan 31, 2006 /PRNewswire via COMTEX/ -- On January 24, Hasit Vibhakar, President and CEO of Telesis Technology Corporation (Pink Sheets: TLST) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- overview of the company, each of its divisions, and target markets
-- current customers
-- current capitalization
-- near-term growth opportunities; strategy to capitalize on industry
trends
-- laying the groundwork for long-term growth
-- upcoming strategic and financial milestones
On January 25, Tom Buchanan, CEO of Provident Energy Trust (NYSE: PVX) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- advantages of an energy trust over a conventional oil and gas company
-- current capitalization
-- capital spending in 2006
-- near-term growth prospects
-- value-driven acquisition strategy
-- competitive advantage over other Canadian energy trusts
-- upcoming strategic and financial milestones
To hear the interviews in their entirety, visit http://www.wallst.net , and click on "Interviews/Podcasts." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews/Podcasts" page or by entering the respective company's ticker symbol in the Search Archive window at the bottom of the "Interviews/Podcasts" page.
About WallSt.net
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We are expecting to receive two thousand two hundred fifty dollars from Telesis Technology Corporation for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .
Contact: Nick Iyer
1-800-4-WALL-ST
SOURCE WallStreet Direct, Inc.
TLST
This out today on the wire.
http://twintrader.com/profile/tlst/index.htm
Micro Cap Initiation of Profile Coverage for Telesis Technology Corporation
TLST - TWINTRADER Announces the Initiation of Profile Coverage for Telesis Technology Corporation
http://www.knobias.com/individual/public/news.htm?eid=3.1.0549661e6b15d37471e4e0b61de54a4a19703201ca...
TLST
TwinTrader.com Announces the Initiation of Profile Coverage for Telesis Technology Corporation
http://www.knobias.com/individual/public/news.htm?eid=3.1.0549661e6b15d37471e4e0b61de54a4a19703201ca...
another day another dolla...
nice weather nice people...
I hope everyone has a great festive weekend...
God Bless...
CORG
Very active today. Did a recent finance with Barron Partners.
Not sure on the terms of the financing. Warrants?
Any feedback would help?
QMRK & SCCI
Two more good growth stocks.
All above is just my opinion, And I could always be wrong. And as always do your own DD.
SSKILLZ1
Thanks for sharing, I agree in the removal of TELT, but why BUKS? Any fundamentals you can share? I also subtracted TELT but still own BUKS.
DFNS
IMO I think this is a cheap stock at 0.30 and 0.40.
Commenting on the results, Joseph Fostbinder, CEO of Defense Industries said: "Our third quarter results reflect the general decrease in sales of bullet-resistant vests in the market. This trend results from new requirements of the American NIJ for certifying new bullet-resistant vests, due to recent performance problems of body armor models that contain Zylon(R). Although our bullet-resistant vests do not contain Zylon(R) , we were affected by this market trend. Since approximately 40% of our revenues derive from bullet-resistant vests, the general decline in sales of bullet-resistant vests caused a decline in our total revenues this quarter.
DO YOUR OWN DD
JCDS
Good volume, and movements.
TLST
Strong growth stock, low float, positive NI.
Made NEW ANNUAL HIGH 0.75 today.
TLST reaches new annual high 0.75 on volume. Low float and strong growth stock.
Do your own DD. Above is my Opinion.
TLST
Moving on up with strong news.
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2005%5C12%5C01...
About TLST 10QSB
CEO stated:
"Record sales and profitability were achieved for the three and nine month periods, and we were able to grow the company organically all along. The company today has achieved a milestone in that it has produced 12 consecutive quarters of positive revenue growth and positive net income. I am pleased with our performance to date considering the company was only founded 3 years ago. The company has also not accumulated any deficits since inception."
TLST
Very Solid: "Record sales and profitability were achieved for the three and nine month periods, and we were able to grow the company organically all along. The company today has achieved a milestone in that it has produced 12 consecutive quarters of positive revenue growth and positive net income. I am pleased with our performance to date considering the company was only founded 3 years ago. The company has also not accumulated any deficits since inception."
Telesis Technology Corporation Reports Third Quarter and Nine-Month Results for 2005
PALMETTO, Fla., Nov 15, 2005 (BUSINESS WIRE) -- Telesis Technology Corporation (OTC:TLST) today announced results for the third quarter ended September 30, 2005.
Sales revenue for the three months ended on September 30, 2005 was $802,729.00 compared with $260,198 for the same period ended a year earlier in 2004. This was an increase of 208%. Gross Profit for the three months ended on September 30, 2005 was $184,652 compared with $133,773 for the same period in 2004. This was an increase of 38%. Telesis Technology Corporation reported a net income before taxes for three months ended September 30, 2005 of $77,278.00 compared with $30,527 for the same period in 2004. This was an increase of 153%
Sales revenue for the nine months ended on September 30, 2005 was $2,426,758.00 compared with $938,327.00 for the same period ended a year earlier in 2004. This was an increase of 159%. Gross Profit for the nine months ended on September 30, 2005 was $572,020.00 compared with $351,356 for the same period ended a year earlier in 2004. This was an increase of 63%. The company reported a net income before taxes for the nine months ended September 30, 2005 of $262,407.00 compared with $94,596.00 for the same period in 2004. This was an increase of 178%
"Telesis reported an outstanding third quarter and Nine months result," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "Record sales and profitability were achieved for the three and nine month periods, and we were able to grow the company organically all along. The company today has achieved a milestone in that it has produced 12 consecutive quarters of positive revenue growth and positive net income. I am pleased with our performance to date considering the company was only founded 3 years ago. The company has also not accumulated any deficits since inception."
About Telesis Technology Corporation
Telesis Technology Corporation is a Federal Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Palmetto, Florida, and Superior, Nebraska. Company information can be obtained at http://www.telesistechnology.com
TLST
Telesis just announced results for the third quarter ended September 30, 2005.
Looks real solid.
Sales revenue for the three months ended on September 30, 2005 was $802,729.00 compared with $260,198 for the same period ended a year earlier in 2004. This was an increase of 208%. Gross Profit for the three months ended on September 30, 2005 was $184,652 compared with $133,773 for the same period in 2004. This was an increase of 38%. Telesis Technology Corporation reported a net income before taxes for three months ended September 30, 2005 of $77,278.00 compared with $30,527 for the same period in 2004. This was an increase of 153%
Sales revenue for the nine months ended on September 30, 2005 was $2,426,758.00 compared with $938,327.00 for the same period ended a year earlier in 2004. This was an increase of 159%. Gross Profit for the nine months ended on September 30, 2005 was $572,020.00 compared with $351,356 for the same period ended a year earlier in 2004. This was an increase of 63%. The company reported a net income before taxes for the nine months ended September 30, 2005 of $262,407.00 compared with $94,596.00 for the same period in 2004. This was an increase of 178%
"Telesis reported an outstanding third quarter and Nine months result," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "Record sales and profitability were achieved for the three and nine month periods, and we were able to grow the company organically all along. The company today has achieved a milestone in that it has produced 12 consecutive quarters of positive revenue growth and positive net income. I am pleased with our performance to date considering the company was only founded 3 years ago. The company has also not accumulated any deficits since inception."
About Telesis Technology Corporation
Telesis Technology Corporation is a Federal Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Palmetto, Florida, and Superior, Nebraska. Company information can be obtained at http://www.telesistechnology.com
TLST
Telesis Technology Corporation Reports Third Quarter and Nine-Month Results for 2005
PALMETTO, Fla., Nov 15, 2005 (BUSINESS WIRE) -- Telesis Technology Corporation (OTC:TLST) today announced results for the third quarter ended September 30, 2005.
Sales revenue for the three months ended on September 30, 2005 was $802,729.00 compared with $260,198 for the same period ended a year earlier in 2004. This was an increase of 208%. Gross Profit for the three months ended on September 30, 2005 was $184,652 compared with $133,773 for the same period in 2004. This was an increase of 38%. Telesis Technology Corporation reported a net income before taxes for three months ended September 30, 2005 of $77,278.00 compared with $30,527 for the same period in 2004. This was an increase of 153%
Sales revenue for the nine months ended on September 30, 2005 was $2,426,758.00 compared with $938,327.00 for the same period ended a year earlier in 2004. This was an increase of 159%. Gross Profit for the nine months ended on September 30, 2005 was $572,020.00 compared with $351,356 for the same period ended a year earlier in 2004. This was an increase of 63%. The company reported a net income before taxes for the nine months ended September 30, 2005 of $262,407.00 compared with $94,596.00 for the same period in 2004. This was an increase of 178%
"Telesis reported an outstanding third quarter and Nine months result," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "Record sales and profitability were achieved for the three and nine month periods, and we were able to grow the company organically all along. The company today has achieved a milestone in that it has produced 12 consecutive quarters of positive revenue growth and positive net income. I am pleased with our performance to date considering the company was only founded 3 years ago. The company has also not accumulated any deficits since inception."
About Telesis Technology Corporation
Telesis Technology Corporation is a Federal Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Palmetto, Florida, and Superior, Nebraska. Company information can be obtained at http://www.telesistechnology.com
SPDV------SpaceDev Closes $2.5 Million Financing
POWAY, Calif.--(BUSINESS WIRE)--Nov. 3, 2005--SpaceDev, Inc. (OTCBB: SPDV) today announced the closing of the sale of securities to Laurus Master Fund, Ltd. (Laurus), a New York-based institutional fund, for $2.5 million in gross proceeds. The proceeds will be used for working capital, including funding transaction and other costs associated with the proposed merger between SpaceDev and Starsys.
On October 26, SpaceDev and Starsys Research Corporation announced the signing of a merger agreement whereby SpaceDev would acquire Starsys as a wholly owned subsidiary. The merger agreement is subject to a number of conditions including but not limited to the effectiveness of a registration statement for the stock to be issued and approval of the shareholders of SpaceDev and Starsys. The agreement requires SpaceDev to pay off Starsys debts and to provide Starsys with working capital. Prior to the signing, SpaceDev loaned Starsys approximately $1.2 million cash.
"This is a very important time for SpaceDev and its shareholders," said SpaceDev founding chairman and chief executive Jim Benson. "Department of Defense spending on space is large and is growing rapidly, and NASA just announced new initiatives open to the private sector. We are positioning SpaceDev to take advantage of these new opportunities through new business development and acquisitions. With this acquisition and replenishment of our working capital, we are positioning SpaceDev for the future."
SpaceDev sold Laurus 2,032,520 shares of its common stock for an aggregate purchase price of $2,500,000, or $1.23 per share, representing 80% of the 20-day volume weighted average price of the Company's common stock through October 28, 2005. In conjunction with this financing, SpaceDev also issued a five-year warrant to Laurus for the purchase of 450,000 shares of common stock at an exercise price of $1.93. SpaceDev has committed to register all of the shares sold to Laurus and the shares underlying the Warrant.
"We are pleased to have completed an additional financing with Laurus," stated Richard B. Slansky, SpaceDev's president and chief financial officer. "Our proposed acquisition of Starsys Research Corporation reinforces SpaceDev's commitment to implement our private sector space program through rapid and profitable growth. SpaceDev and Starsys are focused on long-term growth and shareholder value creation by executing on existing contracts, obtaining new business and profitably growing our customer offerings."
SpaceDev revenue in 2004 was almost $5 million and Starsys recorded approximately $15 million in revenues for the same period. As of June 30, 2005, SpaceDev recorded its tenth consecutive quarter of revenue growth with approximately $3.7 million in revenue for the six-month period, and Starsys recorded approximately $11 million for the same six-months of 2005.
About Starsys
Starsys has approximately 130 employees. Starsys designs, engineers and manufactures mechanical systems, structures, and mechanisms that open, close, release, and move components on spacecraft, including motion-control actuators, cover systems, deployment systems, and separation systems. Starsys components have flown on over 200 missions including the Mars Rover missions, Cassini, and Deep Impact with 100% operational success. Starsys quality is exemplified by the Mars Rover missions; Starsys provided 25 mechanisms for each rover controlling movement including cameras and science experiments to the drive mechanisms that allow the rovers to roam the Martian surface. All of these mechanisms have functioned beyond their design life; enabling earthbound scientists to explore the red planet.
About SpaceDev
SpaceDev (OTCBB:SPDV), with approximately 50 employees, designs, manufactures, markets, and operates sophisticated micro- and nano-satellites, along with hybrid rocket propulsion systems for potential sub-orbital and orbital launch and transport systems, including prospective missions for cargo and safe human space flight. SpaceDev is a leader in developing satellite and hybrid propulsion technology that is safe, low-cost and can be developed and deployed rapidly. As part of the SpaceShipOne team, SpaceDev provided critical hybrid rocket technology and key components to Scaled Composites for the rocket engines that propelled SpaceShipOne to capture the Ansari X-Prize. SpaceDev's first satellite, CHIPSat; was an experimental NASA satellite developed under contract with UC Berkeley. CHIPSat was successfully launched in January of 2003 and continues to function today, beyond its designed mission life of 12 months. Upon founding SpaceDev in 1997, Jim Benson started the trend of successful computer entrepreneurs moving into the space development arena. For more information, visit www.spacedev.com.
Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism and satisfaction with current prospects, as well as words such as "believe," "intends," "expects," "plans," "anticipates" and variations thereof, identify forward-looking statements, but their absence does not mean that a statement is not forward looking. Such forward-looking statements are not guarantees of performance and the company's actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include risks and uncertainties associated with the company's acquisition of Starsys, including possible integration problems and difficulties regarding the execution of the business plan for the combined companies; the ability of the company to raise additional capital on acceptable terms; market acceptance of the company's products; worldwide spending levels in the space industry; rescheduling or cancellation of customer orders or government contracts; general competition and price pressures in the marketplace; the company's ability to control costs and expenses; and general economic conditions. Reference is also made to other factors set forth in the company's filings with the Securities and Exchange Commission, including "Management's Discussion and Analysis" and other sections of the company's Form 10-KSB currently on file with the SEC. These forward-looking statements speak only as of the date of this release and the company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release.