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When are my Preferred Property shares going to be worth something? Very soon I hope !!
Matin is using the Millions of cash on hand for more acquisitions. Auditors have audited the Bangladesh operations as well as the North American operations and currently we are trading at less than book value.
Veltex-Explorer is on track to make over 2 million of $0.20 EPS by next year. Add in everything else, and I think VLXC will trade for $5.00 by next year IMHO!!
IMHO we will see more North American Sales and earnings increasing at a very fast pace. I'd like to see some license fees and earnings coming from John Daly and Gidget.
I truely feel that downside is limited and upside has much more potential. Risk vs Reward leads me to buy more!!
Estimated Revenue & Earnings appear reasonable:
(In Millions)
2005 Sales 2005 Earnings
Q 1 Sales 13.27 Actual Earnings 1.74 Actual
Q 2 Sales 14.27 Est Earnings 2.46 Est
Q 3 Sales 16.27 Est Earnings 2.90 Est
Q 4 Sales 16.27 Est Earnings 2.90 Est
Total Sales 60.08 Million Total earnings 10.00 Million
These are my estimates based on Q1 and the acquisition of Explorer Headgear PPD. ($7,000,000 Sales) and ($1,200,000) earnings during June - December 2005. With 10,000,000 shares outstanding, I believe that $1.00 EPS for 2005 is reasonable!
These numbers don't include the fact that Explorer headgear exceeded sales estimates in June.
I received a return phone call from Union Equity today! They had a meeting with their auditors and they are working on quite a few projects. I wasn't told alot of details, but at least they returned my phone call !!!
Why do you want the price to go down?
Are you part of some scum hedge fund?
These short hedge funds use their $$$ to scare out individual investors. Well, you better cover. Oh well, don't cover yet, wait til it goes up about 17 times.
I seem to remember insider buying by the C.E.O. 50 million shares. I don't remember the exact price, but it was alot higher than it is now.
Adjusted for the stock dividend, the price a few months ago was 0.0017. If it was that high not too long ago, no reason that I see why it couldn't go back to that price with news of some revenue producing deals.
Tiger Woods makes about 40 Million in endorsements per year. I wonder what John Daly makes? John Daly's company designs golf courses too (at least 2 overseas ones that I know of).
The company should also receive nice royalties from sites like this: http://www.shoppga.com/spc_subcat.asp?cat=Autographed+Memorabilia&subcat=John+Daly&evnt=1
Yes, we are acquiring 50% (not counting U.S.), but still the sales should be in the multi millions IMHO !!!
Other apparel companies also have profit margins like VLXC's 14.5%.
VLXC presenting at the Money Show in Washington D.C.
http://www.dcmoneyshow.com/ms/dcms/exhibits.asp#
Also, VLXC is finalizing the 50% acquisition of John Daly Enterprises (One of the most popular golfers). Expect news on this next week.
Looks like Veltex is selling baby clothes now:
Available from Veltex Apparel (asi/93505);
(866) 483-5839; sales@veltexapparel.com
Sorry, the picture didn't copy over, but it's a “onesie”.
VLXC to present at the Money Show in Washington D.C. tomorrow.
http://www.dcmoneyshow.com/ms/dcms/exhDetail.asp?coID=Veltex
Also, VLXC is finalizing the 50% acquisition of John Daly Enterprises. Expect news on this early next week.
VLXC to present at the Money Show in Washington D.C.
http://www.dcmoneyshow.com/ms/dcms/exhDetail.asp?coID=Veltex
CinTel Corp. Develops a Network Security Solution That Enables Content Filtering Proxy
LOUISVILLE, Ky., Aug 9, 2005 (PRIMEZONE via COMTEX) -- CinTel Corp. (CinTel) (CNCN), Korea's top Internet Traffic Management (ITM) solution provider, is pleased to announce that it has developed a new network security solution that enables the filtering of outgoing web traffic. Using this new technology, CinTel expects to announce a new product that includes a web caching solution and content filtering proxy solution as early as the fourth quarter of this year.
One of the most important challenges facing enterprises in recent years is preventing important, and often times confidential, information from going out through the network. Until now, simple fire walling has failed to prevent information leakage through web mail, email, web hard, blogs, or internet bulleting boards, and it was impossible to trace these information leaks. In the network security industry, a solution which addresses these issues has been sought after for some time now.
CinTel's new security solution prevents leakage of confidential information via web mail, email, web hard, blog or bulletin boards. Moreover, it allows tracking of such leakage after the event. The new security solution, using this technology, allows filtering of outgoing web content according to a variety of desired parameters. The solution also enables forensic network analysis, therefore the network security administrator will be able to back-up, monitor and trace all data that leaves the network. CinTel's new security solution system comes equipped with a two-tier "Data Probe" and "Data Archive" system which enables huge data storage ability. Combining "Data Probe" with iCache provides both web caching and security solution in one unique piece of equipment.
CinTel's CEO Sang-Don Kim states, "The development of the technology that we are announcing today means that CinTel is expanding its product from the ITM market to the network security market, and we hope that CinTel will become a market leader in the rapidly growing network security market. The new product being commercially ready in the fourth quarter of 2005 will create a new network security niche in the market which currently focuses mostly on external unauthorized entry into the network. When we combine this security solution with our iCache product, we expect some natural synergy in sales to occur.
CinTel's new network solution has already been successfully field-tested by Samsung Networks Inc. and Hyundai HDS.
Up tick volume exceeds down tick volume again:
1.51 1500 15:43:26
1.51 1500 15:41:28
1.52 1500 15:20:25
1.51 2500 15:14:50
1.55 8000 14:49:20 Big Buy here!
1.51 2500 14:49:07
1.51 500 13:57:58
1.51 100 11:38:36
1.51 200 11:06:11
1.51 500 10:36:49
1.51 1700 10:30:18
1.55 2000 10:30:14
1.55 1000 10:30:08
1.55 500 10:29:41
1.55 500 10:29:17
1.55 1000 10:28:58
1.55 500 10:27:53
1.57 1000 10:27:10
Paul, It's just my opinion that the Q2 report will be out soon because Q1 was issued on 05/16/05.
I was thinking that the 50% acquisition of John Daly Enterprises would have been announced by now.
I'm frustrated too!!!
Geographically CinTel will enter the US market with its iCache and PacketCruz product lines, and begin business development of broadband access solutions. Additionally, CinTel will research other markets to enter where we can leverage our distribution channels and product strengths.
Broadband access penetration is rapidly increasing in North America as wireless and Broadband over Powerline (BPL) technologies are being deployed. As these standards are agreed upon, and as the new business models begin to surface broadband access penetration will become ubiquitous and will open up new business opportunities for companies like CinTel.
We should hear more good news like this within a week or so IMHO. Last EPS news was 5/16/05.
http://www.investors.com/corporatenews/nw21.asp
Did John Daly drive a ball 360 yards over the Niagra Falls?
On another note, what is stoping Veltex from recognizing most of the revenue in the U.S.? Just because the Bangladesh factories make the apparel, it doesn't mean that they should earn most of the revenue. The U.S. and Canadian subsidiaries should be awarded a large percentage of the total sales for finding the buyers and making the deals.
I would like to see Matin "spin-off" the Bandladesh subs, and make Veltex Apparel, Veltex-Explorer, and Veltex-(golf-John Daly), a separate, fully reporting U.S. company.
Veltex should buy the apparel from the separate Bangladesh entities and then recognize the revenue 100%.
This may take some work, but I think it will and should happen. Hopefully, by the end of this year!!!
Rumor has it that the C.E.O. of Veltex (VLXC) is meeting with John Daly today in Canada to possibly finalize the 50% acquisition of John Daly Enterprises. This would make VLXC meet it's goal of $1.00 EPS per share in 2005. Here are just some of the sites that sale John Daly merchandise.
John Daly @ shopping.com
http://www.shopping.com/xGS-john_daly_lion~NS-1~linkin_id-3068606
John Daly @ target.com
http://www.target.com/gp/detail.html/602-5321521-0242231?asin=B000977EDK&AFID=k40132&AFID=SM...
John Daly @ sears.com
http://www.sears.com/sr/javasr/product.do?BV_SessionID=@@@@1926424923.1121930813@@@@&BV_EngineID...
John Daly @ Shop.com
http://www.shop.com/op/aprod-~John+Daly-p21297373
John Daly @ NetstoreUSA.com
http://www.netstoreusa.com/sports/John_Daly.shtml
John Daly @ shopping.yahoo.com
http://shopping.yahoo.com/p:Winning%20Edge%20John%20Daly%20Lion%20Headcover%20:2000035152;_ylc=X3oDM...
John Daly @ buysport.net
http://www.buysport.net/catalog/1457
John Daly @ Wheat Road Golf
http://www.wheatroadgolf.com/eclub/
John Daly Designing golf course in Niagara Falls
http://www3.sympatico.ca/curranevents/curranevents/public_html/SecondaryPages/Daly.htm
http://www.hewittsinteriors.com/boscov-6/JohnDaly500CCDriver-21050.htm
http://news.moneycentral.msn.com/ticker/article.asp?Feed=PR&Date=20050728&ID=4999923&Sym...
Yonhap News Agency Selects Cintel to Supply Additional Internet Traffic Management Solution
Contents Louisville, KY.-- (BUSINESS WIRE) -- July 25th, 2005 -- CinTel Corp. ("CinTel") (OTCBB:CNCN), Korea's top Internet Traffic Management (ITM) solution provider, today announced that Cintel has received an additional order from Yonhap News Agency (“Yonhap”) for CinTel's iCache 7010S web cache solution. Yonap has been utizing CinTel's iCache 7010S web cache product solution since April of 2004 in order to manage the increased traffic to its website (http://www.yonhapnews.co.kr/). Yonhop News Agency provides on- and off-line international, local, political, economic, social, cultural, scientific, and sports news in real time, including photos, graphics and images.
Mr. Jae Young Lee Sr. manager of the network division at Yonhap commented, “Cintel’s product(s) have demonstrated greater stability and superior ability to manage large volume traffic compared to product suites offered other by other competitor companies. Using CinTel’s iCache solutions over the last year, has convinced us of the numerous value added advantages coupled with the products’ install base compatibility.”
According to Mr. Young-Soo Cho, vice president of sales development at CinTel, “The additional order from Yonhap validates the overall superiority in quality of CinTel over the competition and bodes well for CinTel’s achieving continued sale of products and maintenance contracts to the existing install-base as their Internet traffic grows. We are very thankful and pleased by this vote of confidence and are inspired to develop even better features and products that specifically meet the requirements of our clients.”
About Yonhap News Agency
Beginning in 1988 Yonhap, for the first time in the history of the Korean press,
established an electronic system of creating and disseminating news articles. Yonhap now provides newspapers, broadcasting firms, major Internet portals and other on-line organizations with more than 1,000 real-time daily news articles on politics, the economy, society, culture and science. Yonhap currently has correspondents in several major cities around the world including New York, Washington, Los Angeles, London, Paris, Hong Kong, Berlin Moscow, Tokyo and Beijing covering stories not only on Korean affairs but also on other international issues viewed from the Korean perspective. In addition, Yonhap provides over 50 daily English-language news articles to nearly 50 foreign news agencies, 53 South Korean foreign missions, major international organizations both at home and abroad, as well as leading foreign embassies and businesses in the country.
About CinTel Corp.
CinTel Corp., while based in the US, has its main business operations in Korea that provides enterprise technology solutions to deliver faster Internet service. It is a company devoted to providing software and hardware solutions that provide faster network services to large and medium enterprises. Founded in 1997, CinTel introduced Korea's first dynamic server load balancer, which has now evolved into a world-class product. CinTel's award winning Internet Traffic Management (ITM) solutions are marketed to customers worldwide, enabling the Company's customers to improve Internet traffic management, service levels and user experience. CinTel is also a recognized leader in Content Delivery Network (CDN). CinTel offers a comprehensive line of advanced Internet Traffic Management solutions and system performance improvement solutions that help network operators meet the growing need to manage web access, secure content, improve users' experiences, and reduce server loads and bandwidth demands. For additional information, please visit: www.cintelcorp.net
Company Contact : Richard Margulies 732-803-8000 or 502-657-6077
Fan Favourite John Daly makes the world his stage; Tomorrow, he takes on Niagara Falls!
NIAGARA FALLS, ON, Aug. 2 /PRNewswire/ - Everyone's talking about it!
Tomorrow, Wednesday, August 3rd, from 7:00 P.M. to 8:00 P.M. Eastern time,
John Daly will drive 20 golf balls from Canada to the U.S.A., over Niagara
Falls. Daly will pull fans to the edge of their seats as he tees up at Table
Rock, Canada to his target Goat Island, in an attempt to land just one golf
ball at Terrapin point, USA.
Feed information for news editors:
JOHN DALY VS. NIAGARA FALLS, Wednesday August 3rd, 7 ET. One hour Live HD
presentation on Rogers Sportsnet in Canada and Indemand, airing network INHD
in the USA.
Daly will hit 10 balls from each of 2 tee blocks
Front haul info for hilite access:
Anik F1 T3
Virtual channel table: 517
Virtual channel number: 141
L-Band frequency: 1025.75MHZ
Polarization: Vertical
MPEG: 2
The IRD required for Rogers Sportsnet fronthauls is a Motorola
DSR 4400/4500 or any of the digital IRT or MPS units.
Organizers have also arranged for a short hilite feed at
2015 ET on Galaxy 11K T15 - Analog
There is no embargo following the conclusion of the show,
please provide standard courtesy of :05 for
Rogers Sportsnet/InHD
Daly will also announce his first partnership with Canada's own Canadian
Golf Tour. Joined by Cantour Commissioner Richard Janes at a 9:00 A.M. press
conference on August 3rd, Daly welcomes the tour to Thundering Waters. The
Niagara Fallsview Casino Resort Pro Am Classic is the grand finale of this
year's Canadian tour stops. (http://www.cantour.com) In addition to his morning press
conference at Thundering Waters, Daly's day will include a fundraising golf
cart parade around the city center for The Boys and Girls Clubs of Niagara
Falls. For more information on these, and the day's events, please visit
http://www.thunderingwaters.com.
Press Conference: At Thundering Waters, Wednesday, August 03,
2005. 9:00 A.M.
Golf Cart Parade: Starts at Thundering Waters and parades
through downtown 12:00 P.M.
John Daly VS. Niagara Falls: 7:00 P.M.- 8:00 P.M. Eastern, Live at
Table Rock, Niagara Falls.
Post event press conference: Sheraton Fallsview Hotel & Conference Centre
8:30 P.M. - 9:30 P.M. with John Daly
Audited Financials
Since Union Equity, Inc. is a non-reporting, Pink Sheet company, we are under no obligation to draft audited financials. However, due to the fact that we are planning ahead, we have opted to do so in order to take another step towards eventually becoming a fully-reporting entity.
The financials will reflect company operations for the year of 2004.
Yes, that would be great. It would be a win win situation. John would make money on the license fees as well as the appreciation in the stock price. I truely feel that Matin is doing his best to build this company and he has been responsive to questions which is a great sign to me.
There revenue and earnings are being audited right now by a top accounting firm!
Auditors always remove "intercompany sales" when the financial statements are consolidated. Perhaps that is why the 2003 revenue was reduced from 19.99 Million to $15 Million audited.
Anyway, I still believe that Veltex is on the right track with the recent acquisitions. I think the John Daly acquisition will not only provide another revenue and income source, but will also boost Veltex Apparel and Explorer as all of these divisions will be able to sell the extensive John Daly line of clothing and golf accessories.
John Daly is going to try to hit a golf ball from Canada to the U.S. over Niagra Falls next week. I hope his shirt has Veltex written on it !!!!
All they have to do is build a small subdivision of homes and the P.E. ratio would be less than 1. Not to mention the huge returns that timeshares get in Las Vegas.
VLXC to acquire 50% of John Daly Enterprises. This will expand Veltex reach into Golf apparel and assesories.
John Daly @ shopping.com
http://www.shopping.com/xGS-john_daly_lion~NS-1~linkin_id-3068606
John Daly @ target.com
http://www.target.com/gp/detail.html/602-5321521-0242231?asin=B000977EDK&AFID=k40132&AFID=SM....
John Daly @ sears.com
http://www.sears.com/sr/javasr/product.do?BV_SessionID=@@@@1926424923.1121930813@@@@&BV_EngineID....
John Daly @ Shop.com
http://www.shop.com/op/aprod-~John+Daly-p21297373
John Daly @ NetstoreUSA.com
http://www.netstoreusa.com/sports/John_Daly.shtml
John Daly @ shopping.yahoo.com
http://shopping.yahoo.com/p:Winning%20Edge%20John%20Daly%20Lion%20Headcover%20:2000035152;_ylc=X3oDM....
John Daly @ buysport.net
http://www.buysport.net/catalog/1457
John Daly @ Wheat Road Golf
http://www.wheatroadgolf.com/eclub/
John Daly Designing golf course in Niagara Falls
http://www3.sympatico.ca/curranevents/curranevents/public_html/SecondaryPages/Daly.htm
http://www.hewittsinteriors.com/boscov-6/JohnDaly500CCDriver-21050.htm
I agree 100%
I believe your numbers are right on the money !!!
Nice job Big Pine
maninfla keeps bashing so he can buy more I guess. What's up with that? Pump there, bash here?
More John Daly links:
John Daly @ shopping.com
http://www.shopping.com/xGS-john_daly_lion~NS-1~linkin_id-3068606
John Daly @ target.com
http://www.target.com/gp/detail.html/602-5321521-0242231?asin=B000977EDK&AFID=k40132&AFID=SM...
John Daly @ sears.com
http://www.sears.com/sr/javasr/product.do?BV_SessionID=@@@@1926424923.1121930813@@@@&BV_EngineID...
John Daly @ Shop.com
http://www.shop.com/op/aprod-~John+Daly-p21297373
John Daly @ NetstoreUSA.com
http://www.netstoreusa.com/sports/John_Daly.shtml
John Daly @ shopping.yahoo.com
http://shopping.yahoo.com/p:Winning%20Edge%20John%20Daly%20Lion%20Headcover%20:2000035152;_ylc=X3oDM...
John Daly @ buysport.net
http://www.buysport.net/catalog/1457
John Daly @ Wheat Road Golf
http://www.wheatroadgolf.com/eclub/
John Daly Designing golf course in Niagara Falls
http://www3.sympatico.ca/curranevents/curranevents/public_html/SecondaryPages/Daly.htm
http://www.hewittsinteriors.com/boscov-6/JohnDaly500CCDriver-21050.htm
My point is simple. There is money to be made by buying homes that need some repair and then quickly selling them for much more. You can easily make $20K per house when doing this. It doesn't take a tons of homes for this 20K to add up, especially given the low market cap UNQT. This company is just starting. Lets see where it is in a few months. I'm not going to sell for less than a 1,000% gain.
Just look at some of the things Kingoffer does!
Cash Paid For Your Home
If you could sell your home or condo tomorrow, bypassing Real Estate Agents, exorbitant commissions, and all the other inconveniences, would you do it? Of course you would.
Traditionally, selling your home can still be a hassle. Real Estate Agents may not give your property the attention it deserves, particularly if it has any minor structural problems. If your property does not qualify for conventional bank financing, you may not be able to sell unless you have access to a qualified and experienced cash buyer.
Now you do.
Once approved, Home Sales Express will make you a reasonable offer on your home within three business days. There is no obligation for you to sell. We simply provide you with a bona fide offer and the decision is up to you.
Home Sales Express will either buy your home or list your home for sale so that others may bid on it. The concept is simple and the results are astonishing.
Since we are not real estate agents and do not collect a commission, we treat every property the same; whether it is a $50,000 bungalow or a luxurious waterfront estate, it’s all the same to us.
Real Estate Fundamentals
1) Stop being a homeowner; start being a negotiator
2) The value of your property is relative to the market
3) Have your comps (comparable sales) ready
4) Pricing strategies
5) Reasonable prices yield reasonable buyers
6) Never get emotional and be patient
7) The first steps in preparing a home for sale
8) Never over improve when selling your home
9) Some minor repairs make all the difference
10) The color consideration when selling your home
11) The model home factor AKA living in a dull home during the sales period
12) The fast offer at full price
13) The time factor in selling a home
14) Is a Realtor and a Real Estate Agent the same thing?
15) Where can the closing take place?
16) Things to know before signing an exclusive listing agreement with a Real Estate Agent
17) Do I need an attorney?
18) The pros and cons to setting a high price.
19) What to do if you are selling your own home but a Real Estate Agent wants to show it
20) Why a Real Estate Agent may encourage you to list your home for a lower price
21) Tax assessed value versus market value
22) How to increase home showings and traffic
23) When to sell your home and when to hire a Real Estate Agent
24) The Open House
25) The eternal debate of the For Sale sign
I think all this information is valuable to sellers and buyers. This may be a way to sell your home without paying the high real estate agent fees!!! Just my opinion !!!
New Web site looks promising !!!
http://www.kingoffer.com/
I'm buying more shares !!!!
VLXC projects $1.00 eps for 2005 trading at $1.60 and plans to acquire part of John Daly Enterprises.
http://www.johndalysdiscountgolf.com/SearchResult.aspx?CategoryID=14
NWAU projects $1.00 eps for 2006 and trading at $1.90.
Another John Daly link. I hope this acquisition is announced soon !!!
http://www.johndalysdiscountgolf.com/SearchResult.aspx?CategoryID=14
Another nice up day for HOM on big volume. This quarters earnings report will include the new acquisition.
NETL continues to go up in an orderly fasion.
Watch VLXC, more acquisition news could make this advance in a hurry!!!
Explorer Headgear sales were 23 Million in 2004.
Veltex Acquires Explorer (6/8/2005)
Veltex Apparel Co. (asi/93505) has acquired, in a total buyout, the promotional products division of Explorer Headgear, a Markham, Ontario, Canada-based manufacturer of headwear, including many national private-label brands (Tommy Hilfiger, Budweiser, Spaulding, etc.) Terms were not disclosed, but Explorer’s total sales were about $23 million in 2004. At present, there are no plans to relocate or change personnel at the firm. Javeed Martin, Veltex president and CEO, says, “Explorer is one of the three top headwear firms in Canada. It wanted a U.S. presence, and we wanted a Canadian presence, so it was a very good fit.”
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Huge profit margins coming !!!
VLXC can produce these hats for about $3.00 and sell them for $19.99!!
http://www.trademotion.com/partlocator/index.cfm?action=AccessoryCatalog&catalogid=3245&site...
John Daly will take on Tiger Woods in the Battle of the Bridges on July 25.
John's still on the leader board, 9th place, 6 shots back I believe.
http://www.johndaly.com/enterprises.asp
I'm adding!