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YUP...YEA...YOU got it DOC...LMAO.....corporal tunnel syndrome of the shoulder.....the problem is the size of the eraser....I need a big eraser...I keep using the wrong...BIG words......LMBO....
MEOW...I'll let you know... the DR that was Recommended at HSS to me doesn't take my insurance...so I'm thinking....
PSSSSSsssss...we should all still have lunch.....who knows where our HISS fortunes are going..?????....BUT....they are still in the same material plane as US........
Yes..CAT...torn cuff....DR Craig see you..????...lookslike I need surgery...if it will even work....(?????)
MEOW....where'd you get your shoulder rehab...????....my therapy isn't helping....i may need surgery.....
R-E-A-L.....S-A-L-E-S.....like...12,500 CTs in S.C. ......
WARD...they're still dreaming that our heads are up our As&es...that anything they PR will ... STROKE ......
DOC...I didn't even have the heart to post this much PR....
HOLD THERE...SKIER...they need someone to donate a can of gas....first....LOL,..
WHOEVER answered the phone at DvWG's office...didn't think there is a DvWG Vendor stall at CES.....
ALRIGHT..!!!!....don't go changing your SPOTS....now.....!!!!!!!
Not the HOOKERs unless it's working for a Mideast Peace Agreement....
RISK...there's probably a vendor roster available....if they're not there as a vendor...they are walking the ISLES as HOOKERS.... they are not talking SALES...
just acquisitions....W-E-I-R-D....
Dare we Believe???...** NEWS **...DVwG Attends CES in Vegas....
DirectView Technology Group, Inc. Attends World's Largest Consumer Electronics Show in Las Vegas
DirectView Meeting with Potential Acquisition Candidates at CES 2009 to Expand Global Footprint
Last update: 5:55 a.m. EST Jan. 8, 2009
LAS VEGAS, Jan 08, 2009 /PRNewswire-FirstCall via COMTEX/ -- DirectView Technology Group, Inc. (OTCPK: DVWG) a Company focused on ownership and management of leading technology companies, is pleased to announce their attendance at the 2009 International Consumer Electronics Show (CES), today January 8, 2009 through January 11, 2009 in Las Vegas, NV. The Company will be meeting with potential acquisition candidates in order to bolster its product portfolio, which already includes GPS hardware and software products for asset and fleet management as well as video telecommunications solutions.
With more than four decades of success, the International CES reaches across global markets, connects the industry and enables CE innovations to grow and thrive. The first CES took place in New York City in June of 1967 with 200 exhibitors and 17,500 attendees. Since then, CES has grown more than eleven-fold. Now, more than 2,700 exhibitors fill more than 1.7 million net square feet of exhibit space to showcase their latest products and services to more than 130,000 attendees.
"We will look to build shareholder value by continuing to acquire companies that will benefit from our leadership and increase our revenue and profitability. We believe that the International CES showcases emerging technology companies that would benefit from our knowledge and expertise in management and ownership," stated Roger Ralston, CEO of DirectView Technology Group, Inc.
About DirectView Technology Group, Inc.:
DirectView Technology Group, Inc. is a diversified holding company for a conglomerate of video and technology companies that include the wholly-owned subsidiaries DirectView Video Technologies, Inc. and Homeland Integrated Security Systems, Inc. DirectView Video Technologies, Inc. is a full service provider of video, audio, multipoint videoconferencing, data and IP videoconferencing services to businesses and organizations worldwide. Homeland Integrated Security Systems is a technology based that provides solutions for asset recovery and tracking. The Cyber Tracker technology product line has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection.
Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
DirectView Technology Group, Inc.
www.DirectViewTechnologies.com
888-704-8700
or
Investor Relations
1-866-THE-APPL(E)
SOURCE DirectView Technology Group, Inc.
http://www.DirectViewTechnologies.com
Copyright (C) 2009 PR Newswire. All rights reserved
MEOW...Happy New Year....
Great!..what next??...Prius Outdoes Hummer in Environ.Damage
By Chris Demorro
Staff Writer
LINK to story...
http://clubs.ccsu.edu/recorder/editorial/editorial_item.asp?NewsID=188
The Toyota Prius has become the flagship car for those in our society so environmentally conscious that they are willing to spend a premium to show the world how much they care. Unfortunately for them, their ultimate ˜green car" is the source of some of the worst pollution in North America; it takes more combined energy per Prius to produce than a Hummer.
Before we delve into the seedy underworld of hybrids, you must first understand how a hybrid works. For this, we will use the most popular hybrid on the market, the Toyota Prius.
The Prius is powered by not one, but two engines: a standard 76 horsepower, 1.5-liter gas engine found in most cars today and a battery- powered engine that deals out 67 horsepower and a whooping 295ft/lbs of torque, below 2000 revolutions per minute.
Essentially, the Toyota Synergy Drive system, as it is so called, propels the car from a dead stop to up to 30mph. This is where the largest percent of gas is consumed. As any physics major can tell you, it takes more energy to get an object moving than to keep it moving. The battery is recharged through the braking system, as well as when the gasoline engine takes over anywhere north of 30mph. It seems like a great energy efficient and environmentally sound car, right?
You would be right if you went by the old government EPA estimates, which netted the Prius an incredible 60 miles per gallon in the city and 51 miles per gallon on the highway. Unfortunately for Toyota, the government realized how unrealistic their EPA tests were, which consisted of highway speeds limited to 55mph and acceleration of only 3.3 mph per second.
The new tests which affect all 2008 models give a much more realistic rating with highway speeds of 80mph and acceleration of 8mph per second. This has dropped the Prius's EPA down by 25 percent to an average of 45mpg. This now puts the Toyota within spitting distance of cars like the Chevy Aveo, which costs less then half what the Prius costs.
However, if that was the only issue with the Prius, I wouldn't be writing this article. It gets much worse.
Building a Toyota Prius causes more environmental damage than a Hummer that is on the road for three times longer than a Prius. As already noted, the Prius is partly driven by a battery which contains nickel.
The nickel is mined and smelted at a plant in Sudbury, Ontario. This plant has caused so much environmental damage to the surrounding environment that NASA has used the ˜dead zone" around the plant to test moon rovers. The area around the plant is devoid of any life for miles.
The plant is the source of all the nickel found in a Prius's battery and Toyota purchases 1,000 tons annually. Dubbed the Superstack, the plague-factory has spread sulfur dioxide across northern Ontario, becoming every environmentalist's nightmare.
"The acid rain around Sudbury was so bad it destroyed all the plants and the soil slid down off the hillside," said Canadian Greenpeace energy-coordinator David Martin during an interview with Mail, a British-based newspaper.
All of this would be bad enough in and of itself; however, the journey to make a hybrid doesn't end there. The nickel produced by this disastrous plant is shipped via massive container ship to the largest nickel refinery in Europe. From there, the nickel hops over to China to produce ˜nickel foam."
From there, it goes to Japan. Finally, the completed batteries are shipped to the United States, finalizing the around-the-world trip required to produce a single Prius battery. Are these not sounding less and less like environmentally sound cars and more like a farce?
Wait, I haven't even got to the best part yet.
When you pool together all the combined energy it takes to drive and build a Toyota Prius, the flagship car of energy fanatics, it takes almost 50 percent more energy than a Hummer - the Prius's arch nemesis.
Through a study by CNW Marketing called "Dust to Dust," the total combined energy is taken from all the electrical, fuel, transportation, materials (metal, plastic, etc) and hundreds of other factors over the expected lifetime of a vehicle. The Prius costs an average of $3.25 per mile driven over a lifetime of 100,000 miles - the expected lifespan of the Hybrid.
The Hummer, on the other hand, costs a more fiscal $1.95 per mile to put on the road over an expected lifetime of 300,000 miles. That means the Hummer will last three times longer than a Prius and use less combined energy doing it.
So, if you are really an environmentalist - ditch the Prius. Instead, buy one of the most economical cars available - a Toyota Scion xB. The Scion only costs a paltry $0.48 per mile to put on the road. If you are still obsessed over gas mileage - buy a Chevy Aveo and fix that lead foot.
One last fun fact for you: it takes five years to offset the premium price of a Prius. Meaning, you have to wait 60 months to save any money over a non-hybrid car because of lower gas expenses.
**Great News**... DirectView TechGroup has "GREAT YR"...did you??????
DirectView Technology Group, Inc. Expands Business and Marketing Opportunities in 2008
Last update: 8:41 a.m. EST Dec. 30, 2008
BOCA RATON, Fla., Dec 30, 2008 /PRNewswire-FirstCall via COMTEX/ -- DirectView Technology Group, Inc. (OTCPK: DVWG), a Company focused on ownership and management of leading technology companies, is pleased to announce that 2008 has been a year of significant expansion and redirection. The recent acquisition of Homeland Integrated Security Systems, Inc. by Mr. Roger Ralston and the Company's subsequent acquisition of DirectView Video Technologies Group, Inc. has expanded the scope of operations for DirectView Technology Group.
The Company's wholly owned subsidiary, DirectView Video Technologies, Inc., provides high-quality video conferencing solutions and services that enable its clients to conduct remote meetings by linking participants in geographically dispersed locations. It also provides enabling technologies such as multipoint video and audio conferencing, video conferencing over IP, document conferencing and visual presentations. The Company provides products and services and has served several blue chip clients such as Burger King, Tropicana, Travelocity.com, BellSouth, the Trump Organization and the New York City Police Department.
In 2008, Homeland Integrated Security Systems entered into a growing number of vertical markets for its Cyber Tracker units.
The Company received a single initial purchase order, among others, in excess of $200,000 from one of the world's largest privately held security companies for up to 450 CT-410 security and data tracking units and accessories.
The security company has a large customer base of households located throughout the United States, Puerto Rico and the Bahamas. The Company also filled an order for the Lake Shore Central School District in Angola, New York for additional CT-150 units. These low-cost solutions for standard GPS tracking applications are being used by the school district to provide tracking and location data for new school buses that were recently added to the fleet.
During the year, Homeland Integrated Security Systems expanded its marketing opportunities for its Cyber Tracker units. The Company has been added to the U.S. General Services Administration (GSA) schedule and is now selling its products through the GSA and the GSA Advantage, an electronic shopping and ordering system that allows GSA customers to buy direct from GSA Schedule contractors online. The Company also became an approved vendor for the U.S. Department of Homeland Security (DHS) and can now market its product portfolio directly to the DHS.
Homeland Integrated Security Systems also launched a campaign to compete in the stolen vehicle recovery market with global leader LoJack Corp. which is traded on the Nasdaq Stock Exchange under the symbol "LOJN." The Company has unveiled new product comparison models to LoJack for its CT-150 and CT-450 vehicle recovery units.
The comparison may be accessed directly at http://www.hissusa.com/downloads/Product_Comparison_CT150-CT410-LoJack.pdf .
"This has been a landmark year for DirectView Technology Group and our subsidiary companies. We've made several significant steps toward introducing our Cyber Tracker products into the marketplace and we've expanded their focus to compete in the stolen vehicle market as well. We anticipate remarkable growth in 2009 for the Cyber Trackers and the video teleconferencing services now offered by DirectView Technology Group," stated Roger Ralston, CEO of DirectView Technology Group, Inc.
To listen to the company's recent teleconference visit http://directviewtechnologies.com
About DirectView Technology Group, Inc.:
DirectView Technology Group, Inc. is a diversified holding company for a conglomerate of video and technology companies that include the wholly-owned subsidiaries DirectView Video Technologies, Inc. and Homeland Integrated Security Systems, Inc. DirectView Video Technologies, Inc. is a full service provider of video, audio, multipoint videoconferencing, data and IP videoconferencing services to businesses and organizations worldwide. Homeland Integrated Security Systems is a technology based that provides solutions for asset recovery and tracking. The Cyber Tracker technology product line has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection.
Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
DirectView Technology Group, Inc.
www.DirectViewTechnologies.com
888-704-8700
or
Investor Relations
1-866-THE-APPL(E)
SOURCE DirectView Technology Group, Inc.
http://www.DirectViewTechnologies.com
Copyright (C) 2008 PR Newswire. All rights reserved
Merry Christmas & Happy Chanukah...to all...and a...HAPPY..
HOPEFUL ...AND...above ALL...HEALTHY....
NEW YEAR.....enjoy the Ashland Univ gazebo......
Have your sound up.....Follow the instructions....along the way.......
http://ecard.ashland.edu/index.php?ecardYear=2004adm
WOW...GEO...there's a major TV network in NY that reflects that model to the....T....except they don't even offer incentives to the remaining rowers.....WOW....what a reflection on a diamond...TURNING .... B-A-C-k .... into COAL.......WOW.......
**NEWS**..DVWG Negotiates with Nat'l Ad Agency & to re-submit Bid to S.Carolina
Company Announces Audit Firm with Plans to File for Quotation on OTC Bulletin Board
Last update: 8:12 a.m. EST Dec. 19, 2008
BOCA RATON, Fla., Dec 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- DirectView Technology Group, Inc. (OTCPK: DVWG) a Company focused on ownership and management of leading technology companies, is pleased to announce that the Company is currently negotiating a major agreement with a leading national advertising agency which deals with over 500 clients nationwide and posts yearly billing of over $100 million per year to be its national marketing partner. DirectView Technology Groups' CEO, Mr. Roger Ralston, announced the potential deal during yesterday's nationwide teleconference to update the Company's shareholders and the financial community.
The Company updated the financial community regarding a number of different topics during the teleconference, including its plans to up list to the Over the Counter Bulletin Board. DirectView Technology Group has already started the process of up listing by hiring the auditing firm of Sherb and Company. The auditing firm has commenced the auditing for DirectView Technology Groups subsidiaries. The Company expects to file their application for the Over the Counter Bulletin Board in 2009.
Mr. Jeff Robbins was also introduced as COO of DirectView Technology Group. Mr. Robbins will help expand operations for both of the Company's subsidiaries utilizing his experience in the wireless industry with Cellular One, in which he oversaw the installation of their wireless data communications network.
Mr. Ralston describes the Company's acquisition of DirectView Video Technologies as giving the Company a solid foundation. DirectView Video Technologies generates revenue off their well established customer base while continuing to grow and adapt as the video communications industry becomes a more cost effective and attractive alternative to travel expenses in a struggling economy and a desire for a greener world.
DirectView Video Technologies list of clients include top tier corporations such as The Trump Organization, which utilizes the Company's video communication products to hold level one and budget type meetings. The Company's other current and past clients include Tropicana, Burger King Corporation, The New York City Police Department, and the CIA, amongst others. Mr. Ralston announced DirectView Video Technologies would move to "piggy back" on Homeland Integrated Security Systems GSA listing to provide products to the government.
DirectView Technology Group's wholly-owned subsidiary, Homeland Integrated Security Systems, touched on several topics during the teleconference. Mr. Brian Riley, COO of Homeland, stated that the previously announced bids for the State of South Carolina's School System and Transportation Department to purchase Cyber Tracker units are being reworked due to the fact the state's expanding its work orders. Homeland expects to receive the updated bid specifications from the State of South Carolina at a future date. Homeland Integrated Security Systems also addressed the Company's plans to enter the multi-billion dollar "Green Market" through its Cyber Trackers fuel saving qualities, as well as a collaboration in developing a revolutionary alternative energy product with an undisclosed company.
During the teleconference, the Company elaborated on the recently announced plan to enter the stolen vehicle recovery market. Mr. Brian Riley, COO of Homeland Integrated Security Systems addressed the product comparison recently posted on the Company's Website. The product Comparison offers insight into the benefits and key features of the Cyber Tracker as compared to the market leader LoJack. According to officers of DirectView Technology Group, Inc., Homeland integrated Security Systems will look to increase its revenue in 2009 through its product listing on GSA and the use of its sister company's technology, DirectView Video Technologies, Inc. to procure larger government contracts.
"We will look to build shareholder value by continuing to acquire companies that will benefit from our leadership and increase our revenue and profitability. The Company is currently comprised of two exciting company's with competitive products that are less expensive to the consumer, easier to install and can be used worldwide. We look forward to uninhibited growth in 2009 as we continue to expand operations," stated Roger Ralston, CEO of DirectView Technology Group, Inc.
To listen to a replay of the Nationwide Teleconference please visit the Company's website. : www.DirectViewTechnologies.com
About DirectView Technology Group, Inc.:
DirectView Technology Group, Inc. (Pink Sheets: DVWG) is a company whose focus is on ownership and management of leading and emerging technology companies. There are currently two companies in its portfolio.
DirectView Video Technologies, Inc., a wholly-owned subsidiary of DirectView Technology Group, Inc., is a full-service provider of video, audio, multipoint videoconferencing, document conferencing, data and IP videoconferencing services to businesses and organizations in the United States. The Company distributes award-winning videoconference products and peripherals to organizations such as professional service firms, investment banks, high tech companies, law firms, state and local government agencies, investor relations firms, and other domestic and multinational companies.
Homeland Integrated Security Systems is a technology-based company that with various technologies, which include GPS vehicle and asset tracking and management. The Cyber Tracker technology product line has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies. In addition, the use of satellite technology in conjunction with the Cyber Tracker is under development.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
DirectView Technology Group, Inc.
www.DirectViewTechnologies.com
888-704-8700
or Call
Investor Relations
+ 1-866-THE-APPL(E)
SOURCE DirectView Technology Group, Inc.
http://www.DirectViewTechnologies.com
Copyright (C) 2008 PR Newswire. All rights reserved
**Fluff-NEWS-it-UP-Baby**....HISS charts the CT Competition....
DirectView Technology Group's Wholly Owned Subsidiary Shows Greater Benefits in Comparing Tracking Devices to its Competitors
Company Posts Direct Head to Head Comparisons of Cyber Tracker to LoJack
Last update: 10:00 a.m. EST Dec. 15, 2008
BOCA RATON, Fla., Dec 15, 2008 /PRNewswire-FirstCall via COMTEX/ -- DirectView Technology Group, Inc. (OTCPK: DVWG) a Company focused on ownership and management of leading technology companies, is pleased to announce that the Company's wholly owned subsidiary, Homeland Integrated Security Systems, compares its new CT-150 and CT-410 products with global leader LoJack, Corp., publicly traded on the NASDAQ as LOJN, in the stolen vehicle recovery market. Homeland Integrated Security Systems has posted the comparisons on its website as part of its new marketing and sales campaign to help generate more market share.
The comparison may be accessed on the www.HISSUSA.com directly at....
http://www.hissusa.com/downloads/Product_Comparison_CT150-CT410-LoJack.pdf
The CT-150 and CT-410 are low cost solutions that can help recover stolen vehicles using a combination of GPS and cellular platforms to track the vehicle's location. The CT-100 is a personal tracking device, while the CT-150 is used for standard GPS tracking applications, and is an economical device that is available on GSM platforms anywhere that a cellular or GPS signal is available.
Both products are equipped to send a message to the owner if a vehicle is moved, providing an early warning notification when a vehicle is being stolen. LoJack's product also has this feature; however, it bears an additional cost of $400 on its customers. Compared to LoJack, the Cyber Tracker units can be used nationwide and worldwide, whereas LoJack can only be used in jurisdictions where police forces have adopted the tracking technology in their vehicles. Cyber Trackers can be tracked from any device that has internet access.
LoJack, publicly traded on the NASDAQ as LOJN, created the stolen vehicle recovery category more than 20 years ago and has since earned a 90 percent recovery success rate. Globally, more than 250,000 LoJack-equipped stolen vehicles worth over $5 billion have been recovered using LoJack technology. According to the most recent FBI Uniform Crime Report, 1.1 million motor vehicles were reported stolen, resulting in $7.4 billion in lost assets.
"We are confident that the benefits of the Cyber Tracker are exponentially superior, compared to any product on the market. Our goal is to market our product to eventually become the leading tracking technology devices nationwide," stated Roger Ralston, CEO of DirectView Technology Group, Inc.
DirectView Technology Group will be hosting a nationwide teleconference December 18, 2008. There is expected to be a high demand for the call-in lines for this Nationwide Teleconference and space will be limited. Please call 1-866-THE-APPL(E) or go to www.hissusa.com today to reserve your place and receive the information that will enable you to participate in the conference.
About DirectView Technology Group, Inc.:
DirectView Technology Group, Inc. is a company whose focus is on ownership and management of leading and emerging technology companies. There are currently two companies in its portfolio.
DirectView Video Technologies, Inc., a wholly-owned subsidiary of DirectView Technology Group, Inc., is a full-service provider of video, audio, multipoint videoconferencing, document conferencing, data and IP videoconferencing services to businesses and organizations in the United States.
The Company distributes award-winning videoconference products and peripherals to organizations such as professional service firms, investment banks, high tech companies, law firms, state and local government agencies, investor relations firms, and other domestic and multinational companies.
Homeland Integrated Security Systems is a technology based company with various technologies which include GPS vehicle and asset tracking and management. The Cyber Tracker technology product line has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies. In addition, the use of satellite technology in conjunction with the Cyber Tracker is under development.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
DirectView Video Technology Group
888-704-8700
www.DirectViewTechnologies.com
or Call
Investor Relations
+ 1-866-THE-APPL(E)
SOURCE DirectView Technology Group, Inc.
http://www.hissusa.com
Copyright (C) 2008 PR Newswire. All rights reserved
Their heads...like the Car-Mfg CEOs...are so far up their own A$ses...they think they see the moon....
The world's GREAT EQUALIZER.... a CAPITALISTIC society...that believes what it SAYS....NOT...what it DOES....
LIKE the mummies in the OLD horror flicks...took all the players DOWN...into the quicksand....
Will there be room on the SEC Calendar for the HISS-sore-losers....????
Suffering is ALWAYS relevant..$50 billion at stake...broker arrested
...and RELATIVE....
From The Times
December 13, 2008
$50 billion at stake after Wall St broker Bernard Madoff is arrested over ‘world’s biggest swindle’
Bernard Madoff: 'stunning fraud'
Tim Reid in Washington
Some of America’s wealthiest socialites were facing ruin last night after the arrest of a Wall Street big hitter accused of the largest investor swindle perpetrated by one man.
Shock and panic spread through the country clubs of Palm Beach and Long Island after Bernard Madoff, a trading powerbroker for more than four decades, allegedly confessed to a fraud that will cost his wealthy investors at least $50 billion – perhaps the largest swindle in Wall Street history.
Mr Madoff, 70, a former Nasdaq stock chairman, was apparently turned in by his two sons and arrested on Thursday morning at his Manhattan apartment by the FBI. Andrew Calamari, a senior enforcement official at the US Securities and Exchange Commission, described the scheme as “a stunning fraud that appears to be of epic proportions”.
The FBI’s criminal complaint states that when two federal agents arrived at Mr Madoff’s apartment, he told them: “There is no innocent explanation.” The agents say that he told them “he paid investors with money that wasn’t there”, that he was “broke” and that he expected to go to jail.
Many of his investors came from the enormously wealthy enclaves of Palm Beach, Florida and Long Island, New York, where people had invested billions in Mr Madoff’s firm for decades. He was a fixture on the Palm Beach social scene, and was a member of some of its most exclusive clubs, including the Palm Beach Country Club and Boca Rio Golf Club, where he drummed up much of his business.
The FBI claims that three senior employees of Mr Madoff’s investment firm turned up at his apartment on Wednesday to ask questions about the company’s solvency. Two of them are believed to be his sons, Andrew and Mark, who have worked for their father for two decades.
Mr Madoff told them that he was “finished”, that he had “absolutely nothing”, and that “it’s all just one big lie”. He said the investment arm of his firm was “basically a giant Ponzi scheme”, and that it had been insolvent for years.
A Ponzi scheme, named after the swindler Charles Ponzi, is a fraudulent investment operation that pays abnormally high returns to investors out of money put into the scheme by subsequent investors, rather than from real profits generated by share trading.
The FBI complaint states that Mr Madoff told his sons that he believed the losses from his scheme could exceed $50 billion. If that is the case, his fraud would be far greater than past Ponzi schemes and easily the greatest swindle blamed on a single individual.
There has been scepticism for years on Wall Street over how Mr Madoff managed to pay such consistently high returns. Ponzi schemes inevitably collapse, and Mr Madoff found himself to be no exception. This month, clients asked for $7 billion to be returned, the FBI says.
Mr Madoff ran the scheme separately from his main business and his sons had no involvement in it.
Mr Madoff has been charged with a single count of securities fraud. He declined to enter a plea in Manhattan’s US District Court and was released on $10 million bail. He faces up to 20 years in jail and a $5 million fine if convicted. His lawyer, Dan Horwitz, said that his client was “a person of integrity. He intends to fight to get through this unfortunate event.”
One investor told The Wall Street Journal: “This is going to kill so many people. It’s absolutely awful.” Ira Roth, from New Jersey, said that his family had $1 million invested, and that he was in a state of panic.
LINK... http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5333901.ece
If they had something NEW that could locate a car through a barcode in the VIN #....great.....they don't even tell you you have to have their CT installed to be able to track a vehicle....the PR is purposely misleading to... "ROPE A DOPE"....
** YAWN!!..FLUFF**..HISS to Compete Against Lojac in the Vehicle Recovery Market
Last update: 7:21 a.m. EST Dec. 11, 2008
BOCA RATON, Fla., Dec 11, 2008 /PRNewswire-FirstCall via COMTEX/ -- DirectView Technology Group, Inc. (Pink Sheets: DVWG) a Company focused on ownership and management of leading technology companies, is pleased to announce that the Company's wholly owned subsidiary, Homeland Integrated Security Systems, has launched a campaign to compete with global leader LoJack Corp., which is traded on the Nasdaq Stock Exchange under the symbol "LOJN", in the stolen vehicle recovery market. The Company has unveiled new product comparison models to LoJack for its CT-150 and CT-450 vehicle recovery units.
Homeland Integrated Security Systems will post the comparisons on its website www.hissusa.com as part of its new marketing and sales campaign in order to gain market share. The company will also be making a public release with the head to head comparisons in the near future.
The CT-150 and CT-410 can help recover stolen vehicles using a combination of GPS and cellular platforms to track the vehicle's location worldwide. The Cyber Tracker units can also alert the owner if the vehicle is moving and trigger a variety of alarms including disabling the vehicle when violating an off-limits zone. Compared to LoJack, the Cyber Tracker units are easier to install, maintain can be used worldwide and are more affordable. LoJack can only be used in jurisdictions where police forces have installed LoJack tracking technology. Cyber Trackers can be tracked from any device that has internet access including Blackberry devices and PDA's with internet access.
LoJack created the stolen vehicle recovery category more than 20 years ago and has since earned a 90 percent recovery success rate. Globally, more than 250,000 LoJack-equipped stolen vehicles worth over $5 billion have been recovered using LoJack technology. According to the most recent FBI Uniform Crime Report, 1.1 million motor vehicles were reported stolen, resulting in $7.4 billion in lost assets.
Roger Ralston, CEO of DirectView Technology Group, Inc. stated, "We are confident that the Cyber Tracker is very competitive to any product on the market. We are now offering a fresh, updated approach to vehicle recovery and asset management. Our technology allows for individuals, police and other agencies to easily locate vehicles and assets by simply using a cell phone, PC, Blackberry or any internet connected device. We believe that our products will allow end users to enter the 21st century of vehicle and asset tracking capability.
We are committed to improving shareholder value and opportunity and we feel this is a great stride in doing just that."
DirectView Technology Group will be hosting a nationwide teleconference December 18, 2008. There is expected to be a high demand for the call-in lines for this Nationwide Teleconference and space will be limited. Please call 1-866-THE-APPL(E) or go to www.DirectViewTechnologies.com today to reserve your place and receive the information that will enable you to participate in the conference.
About DirectView Technology Group, Inc.:
DirectView Technology Group, Inc. is a company whose focus is on ownership and management of leading and emerging technology companies. There are currently two companies in its portfolio.
DirectView Video Technologies, Inc., a wholly-owned subsidiary of DirectView Technology Group, Inc., is a full-service provider of video, audio, multipoint videoconferencing, document conferencing, data and IP videoconferencing services to businesses and organizations in the United States. The Company distributes award-winning videoconference products and peripherals to organizations such as professional service firms, investment banks, high tech companies, law firms, state and local government agencies, investor relations firms, and other domestic and multinational companies.
Homeland Integrated Security Systems is a technology-based company that with various technologies, which include GPS vehicle and asset tracking and management. The Cyber Tracker technology product line has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies. In addition, the use of satellite technology in conjunction with the Cyber Tracker is under development.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
DirectView Technology Group, Inc.
888-704-8700
www.DirectViewTechnologies.com
or Call
Investor Relations
+ 1-866-THE-APPL(E)
SOURCE DirectView Technology Group, Inc.
http://www.directviewinc.com
Copyright (C) 2008 PR Newswire. All rights reserved
WARD...your perspicacity puts it ALL in the proper perspective...as USUAL....THANKS.....
remember YOGI....
IT...ain't OVER....til...IT'S....OVER...
CAT..did you convert...???....this is amazing...a
...B-E-A-T..ALL..product ...with GSA listing....ends up like this....????...those of us who've seen the CT work...have to be dumbfounded......stillll....IT AIN'T over TIL IT'S over....AND...it still AIN'T....O-V-E-R....
CAT...no...didn't convert... I didn't pay the $300....
Ward... I'll try to get them....
regrettably WAYNE...the MGMNT have not played this as a Pump'N Dump....they played it with some other mindset....that's why we're all in a pit....so far..there's no P'N D...system to play...without a typical P'N D routine it's hard to play any small run up and succeed....
Not REALLY...OT...Why America's failing..OR..What Toyota knows that GM doesn’t...
17 Nov 2008
Do you know how many hourly jobs GM has laid off from 2006 to July 2008?
Take a guess. How about 34,000? And now, they’re talking about another 5,500 layoffs. And now they’re asking you and your government for a bailout to end their troubled, outdated, low quality, wasteful production system. But, let’s not focus on fixing GM’s problems with an infusion of cash. There’s something even deeper going on here that’s really wrong.
OK, here’s a better question.
How many hourly jobs has Toyota’s American production system laid off in the same time frame? Zero. That’s right. ZERO. How? Isn’t Toyota experiencing the same slow down in auto sales as GM is? Yes, it is. And yes, Toyota has halted production at its Texas and Indiana plants for the past 3 months. But the 4,500 people who work at those plants have not been laid off. What!?!?! How? Why?
The answer:
Toyota has a special culture, deep-rooted values, and respect for their workforce. Toyota’s tradition is to NOT lay off employees during hard times. This tradition hasn’t really been put to the test until now. And Toyota has stuck to its guns and its values.
“This was the first chance we’ve really had to live out our values,” says Latondra Newton, general manager of Toyota’s Team Member Development Center in Erlanger, Ky. “We’re not just keeping people on the payroll because we’re nice. At the end of all this, our hope is that we’ll end up with a more skilled North American workforce.”
Interesting. But what does that last line mean, “At the end of all this, our hope is that we’ll end up with a more skilled North American workforce?”
It means that while these employees were not manufacturing automobiles, they were in training. They were doing safety drills, participating in productivity improvement exercises, attending presentations on material handling and workplace hazards, taking diversity and ethics classes, attending maintenance education and taking a stream of online tests to measure and record their skill improvements.
Toyota is shifted the Texas and Indiana workers temporarily to Toyota plants whose assembly lines were moving at full speed, such as the Camry assembly plant in Georgetown, Ky. In addition to all of this, the workers also spent some time painting the plants and even helped build Habitat for Humanity homes. And they were getting paid.
Wow! So what is this costing Toyota? The estimate is at least $50 million dollars, plus the loss of revenue of shutting down production. Why is this value and tradition worth so much to Toyota? Why would they be willing to spend $50 million rather than lay people off?
It’s because Toyota believes that its people, yes, its PEOPLE are its greatest investment and its greatest asset. You hear so many companies say that, but would they really put their money where their mouths are when the rubber hits the road (no pun intended)? In Toyota’s case, the answer is yes they would.
So what does Toyota get out of this? When, not if, the plants return to full production, Toyota will have well trained employees on the front line, ready and able to meet the demand for their vehicles. And not only will they be well trained, they’ll be happy and motivated to work. Because Toyota is willing to go to the mat for their people, their people will be willing to do the same for Toyota.
The lesson here:
Unlike their counterparts GM and Ford, Toyota has always taken a long-term strategic view about their employees. Toyota understands that laying off thousands of employees for slowdowns or plant retooling is counter productive. They wisely utilize the time to redistribute their workforce to understaffed plants, provide additional training for the new products, and leverage their workforce to speed the transition for newer products.
Their philosophy has avoided labor disputes and staffing shortages. It has kept the company as a leader in quality and profitability over its shortsighted competitors.
So, the message for you in all of this:
Really commit to upholding the value that your people, let me repeat that, your PEOPLE are your greatest asset. Treat them with respect and dignity. Do everything in your power and your imagination to keep them on the payroll during the rough times. If you don’t, you may not find those people again on the upside of the downturn. And if you do, you’ll have hyper-productive, motivated teams delivering quality because they’re committed on a deeper level to your company.
Note 1:
If you really want to understand why the Big 3 are losing big time compared to Toyota in terms of market share, take a listen from Public Radio International’s “The World” report from last Friday (Nov. 14, 2008) describing why Toyota and other Japanese manufacturers seem to have a leg up on their American counterparts.
After reading this post, you might not be so surprised when you hear that the employees being laid off by the Big 3 are now working at Toyota. Click here to listen to the excerpted report.
Note 2: From Forbes online: At American companies, finance guys and marketers rise to the top. Not at Honda. Read the whole article here: (included below)
AN OLDER STORY . . .
Engineers Rule
Jonathan Fahey and Tim Kelly 09.04.06
At American auto companies, finance guys and marketers rise to the top. Not at Honda.
Of all the bizarre subsidiaries that big companies can find themselves with, Harmony Agricultural Products, founded and owned by Honda Motor, is one of the strangest. This small company near Marysville, Ohio produces soybeans for tofu. Soybeans? Honda couldn't bear the sight of the shipping containers that brought parts from Japan to its nearby auto factories returning empty. So Harmony now ships 33,000 pounds of soybeans to Japan. An inveterate tinkerer, Honda also set up a center nearby to develop better soybean varieties and improve agricultural processes.
This is from a company that sold 21 million internal combustion engines for cars, motorcycles, lawnmowers and boats last year. But there's nothing Honda hates more than waste, and there is nothing Honda likes more than an engineering problem. Indeed, how else to explain why Honda has studied the maddeningly evasive cockroach (for anticollision technology), decoded the rice genome (to increase crop yields and create more-productive crops for biofuels) and developed a robot that can get instructions by reading human brain waves (to learn how machines and humans can better coexist).
Honda's engineering obsessions have the Japanese company better prepared than perhaps any other automaker for high oil prices and roiled energy markets. Most auto companies have placed big bets on one or two alternative propulsion technologies while they dabble or play catch-up in others. General Motors, for example, has focused on fuel cells, Toyota on hybrids, DaimlerChrysler on diesels. Honda, the world's eighth-biggest automaker, has developed a panoply of technologies: hybrids, fuel cells, clean diesels, natural gas vehicles and the world's most sophisticated mass-market gasoline engines. It even announced in July it will sell a small, fuel-efficient jet.
Honda's ability to juggle these technologies successfully is perhaps a matter of survival. It competes in the mass market against companies, such as Toyota, General Motors, Ford and Nissan, that are either bigger or in alliances with other automakers. Other small carmakers like Porsche and BMW flourish by selling high-margin luxury cars. So that leaves Honda, with just 9% of the U.S. market, on its own and adamant that it remain unattached.
The trick:
"You need to give people the freedom to spend and the freedom to make mistakes," says Takeo Fukui, Honda's 61-year-old president. "If management oversight is too strong, then it's difficult to innovate."
Longtime auto analyst John Casesa, who now runs a consulting company, says, "There's not a company on earth that better understands the culture of engineering."
The strategy has worked thus far. Honda has never had an unprofitable year. It has never had to lay off employees. In the fiscal year that ended in March, profit grew 12%, to $5.1 billion, on $84 billion in sales. In the U.S., which accounts for 43% of Honda's sales, vehicle sales are up 7% through July, even as the industry slipped 5%. The company sold more vehicles in July than one member of the old Big Three, the Chrysler Group.
The lean and compact Fukui, like all of his predecessors, is an engineer who started in R&D and later ran the subsidiary. While other auto chief-executives-to-be were punching keyboards in an accounting office, Fukui ran the company's motorcycle racing operations. He's still racing.
He hikes the stairs to his tenth-floor desk--tenth floor so he's in the middle of things at Honda's 16-story Tokyo headquarters and a desk because executives at Honda don't have offices.
Honda doesn't disclose executive pay in detail, but the sum of salaries and bonuses that Fukui shares with 36 board members, $13 million, is just about enough for the boss at a big American company.
Honda traces its resourcefulness to the 1960s, when the Japanese government tried to keep Honda, then just a motorcycle maker, from building cars because it feared there were too many carmakers. Honda quickly produced a tiny car driven by a chain, like a motorcycle, called the S-500. This led Honda to adopt perhaps the sappiest slogan in corporate history: "To be a company that society wants to exist."
"It's not just words," Fukui swears. "It's something that has always been at the core of our company." Whatever the case, Honda believes that society does not cotton to companies that melt ice caps and kill coral reefs. Cars that create less pollution also cost less to fill up. Honda's recent growth has been fueled by a pair of small cars, the newly redesigned Civic that sells for $15,000 to $22,000 (and gets 34 miles per gallon) and an even smaller car, the Fit, that sells for about $15,000.
Gunnar Lindstrom, who is charged with marketing Honda's alternative fuel vehicles in the U.S., believes that by 2020 six fuels will split the market: gasoline, diesel, biofuels, hydrogen, natural gas and electricity, perhaps working side by side in a single vehicle. "It's risky to have just one fuel strategy," he says. "In the event of a crisis of any sort, we would like to be flexible. These are insurance policies that have some realistic assumptions behind them."
Honda spent $4.4 billion on R&D last year, 5.2% of sales, but, like most carmakers, it won't disclose how much is for basic research. One big investor says: "The good news is that they are run by engineers. The bad news is that they are run by engineers."
Honda announced in June that, by 2009, it will market an all-new hybrid vehicle, the company's fourth, and offer a clean diesel passenger car that will likely get 45 miles to the gallon. Honda has sold 141,000 hybrids since 1999 in the U.S., second to Toyota's 273,000.
The hype about hydrogen fuel cell cars has died down in the last year or so, but Honda hasn't noticed. Fuel cells are twice as efficient as combustion engines, and that is enough for Honda.
Honda was the first to certify fuel cell vehicles for private use in the U.S. and is already leasing a few to individuals in California. Yozo Kami, Honda's fuel cell chief, promises to solve all of fuel cell vehicles' technical problems by 2012 and to have the cost of fuel cells to "Accord-level" by 2020. GM's goal is to build a prototype by 2010 that could be reasonably priced if mass-manufactured. Toyota doesn't make any public predictions about its hydrogen fuel cell efforts.
And if Honda needs to be the one to solve the issue of creating infrastructure to enable hydrogen-powered vehicles, so be it. In back of Honda's Torrance, Calif. research campus are a pair of prototype appliances designed to produce hydrogen at home. Engineers have built a contraption of water heater size that strips hydrogen out of natural gas while burning the carbon to provide heat for the home.
Then there's a wall of solar panels attached to an electrolysis unit that turns water into hydrogen. This thing is just a wee bit cumbersome: 700 square feet to create enough hydrogen to run a fuel cell car 10,000 miles a year and supply electricity for the house. Engineers like to point out that it takes just one-and-a-half gallons of water--one toilet flush--to create enough hydrogen for an average day's driving, 30 miles. The thin-film solar panels, developed by Honda, are more efficient than current solar panels, so Honda will market them on their own to homes and small businesses.
Also this year, Honda became the first to offer a natural gas-powered vehicle to the public. The Civic GX is $7,000 more expensive than a gasoline Civic (before the effect of a $4,000 federal tax credit), the range of the vehicle is just 250 miles, and there are only 800 public natural gas refueling stations in the country.
Ah, but Honda thought of that too. As a test case for hydrogen refueling, Honda will also offer to Civic GX buyers in California and New York a home refueling unit cheekily called Phill. The backpack-size Phill, costing $3,500, fills up the car overnight in your garage from your utility's gas pipe, at a gasoline-equivalent cost of $1.20 per gallon. (Buyers get a $1,000 federal tax credit to boot plus, sometimes, state subsidies.)
Honda's sales target for the car is a modest 1,000 per year. It's easy on the conscience: Most natural gas is domestically produced. And, over its lifetime, the Civic will emit less pollution than is produced by spilling a teaspoon of gasoline on the ground. Maybe this is what Fukui means when he talks about society wanting Honda to stick around.
END
THOSE who DEJA VU this PR are "TRANS-UNIVERSERS" who saw this in the "OTHER" universe.....you're not crazy...YOU just "THINK" you are.....
CAT..there don't seem to be many options...sell????.. WHY???....hold and wait...I can't believe we're in this mess...A great product...GSA sanction...S.Carolina needing thousands of units and we are here..????...... HOW DO YOU SCREW THIS UP.....?????.....I'm confounded....and holding my shares....
CAT...Dorothy at Amerit. told me they spent some time trying to negotiate a deal with the TA...BUT...they just dug their heels in and wouldn't budge....
SKIER....NOT according to my INTENSE quizzing with Ameritrade....It is the TRANSFER AGENT who now wants $300 per transaction...Ameritrade tried to pass all their CLIENT'S CERTIFS thru in a bundle...the TRANSFER AGENT balked and said it wanted a PER ACCOUNT transfer fee of $300.00.....AMERITRADE said this will bounce back to ALL brokerages...NOT JUST AMERITREADE.....
IT IS COMING from the ...Transfer Agent...NO HISS complicity..
HISS Transfer agent kicking back ALL conversions to all brokerages...NOW..wanting $300 per client fee for conversion...not willing to do bulk conversion such as TDAmeritrade was trying...
**REAL NEWS**...HISS Appoints COO...College Grad with Experience
Last update: 7:16 a.m. EST Nov. 13, 2008
BOCA RATON, Fla., Nov 13, 2008 /PRNewswire-FirstCall via
COMTEX/ -- Homeland Integrated Security Systems, Inc. (OTCPK: HISU) is pleased to announce that the Company has appointed Mr. Jeffrey Robbins to the position of Chief Operations Officer. Mr. Robbins will manage the Company's daily operations and oversee the production of its security, fleet management, and GPS tracking products. Additionally, Mr. Robbins will ensure a smooth transition as the Company enters the video communications industry, as well as continuing to grow the Cyber Tracker product line.
Mr. Robbins earned his Bachelor's degree in Business Administration from Michigan State University in 1977. He also earned his Juris Doctor degree from Thomas M. Cooley Law School in 1981. After graduation, Mr. Robbins ran his own law practice focusing on corporate law and civil litigations. On numerous occasions he represented the Potawatomi Indian Tribe, defending their rights to fish in the Great Lakes and initiating their rights to legally operate casinos. Mr. Robbins also served as general manager of Cellular One between 1994 and 1998 where he initiated the rollout of the wireless data communications.
"Mr. Robbins is a highly skilled business professional with a proven track record for launching new and innovative technology products and ideas. He'll bring that knowledge and experience with him as he takes on the role of Homeland Integrated Security Systems Chief Operations Officer during the Company's expansion into the video communications industry," stated Roger Ralston, CEO of Homeland Integrated Security Systems.
About Homeland Integrated Security Systems, Inc.:
Homeland Integrated Security Systems is a technology-based company that owns various proprietary technologies which include video communications, data and tracking. The Cyber Tracker technology product line has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies. In addition, the use of satellite technology in conjunction with the Cyber Tracker is under development. The Company is also providing high quality and high definition video conferencing solutions and services that allow clients to conduct remote meetings.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection.
Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
Homeland Integrated Security Systems, Inc.
www.hissusa.com
or Call
Investor Relations
+ 1-866-THE-APPL(E)
WARD..Ameritrade didn't get the update from HISS...but said they would try until rejected......
I dream I'm going to wake with a bag full of HISS shares at 10-cents...YEA RIGHT!!!.....I'll be working til I go in "THE BOX"....YEA.....!!!!!...was looking forward to that....
H-O-W...do you F-_-@-K...that up....??????....I'm confounded....
it made all the hoops to respectability....HOW do you FU@K that UPPPPPPppppp....????????
CLARE..it was good to have you here...you brought sense to the board...thanks...
Hanging ON...SKIER...is ALL anyone can do.....How do you get GSA status...AND...still not have modest contracts coming in the door...?????.... REMEMBER the Co. that said, after the HISS GSA listing, " get ready, your business is about to boom..!!!!"....??????...
WOW..!!!!!...H-O-W.....do you Fu@k...that UP....????????... WOW..!!!!!....Ya don't see that one often..!!!!!!.....
WHO's pulling the strings...RALSTON...????.....I think ALL the "BOYS" got hooked on PAIN-KILLERS & AMPHETAMINES.....maybe MEDICAL-POT laced with barbiturates.....
WOW... they'd need a revolving door at the office..to come 'N GO all at once.....