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AIPN....eom
Where did Shane go!
LOL!!!
Keep an eye on AIPN today.
One of these days they will put some good news out.
3 million shares Tuesday.
Kaz
AIPN
One to watch today... added 40k yesterday.
The mood around the stock is changing.
If the are going to run it, Now would be a good time.
kaz
Any one here playing AIPN
Lots of talk over in AIPN land
about a possible Refinery JV with TotalFinaElf.
Good as any when it comes to otcbb
kaz
EREX had news last Friday
Looks like that P&D is over for now. Could be more news on the way. Looking for one more shake out before I get in.
Waiting for ONVI to make a move the 10Q is due Feb 12th.
Maybe news before the 10Q comes out.
The stock is trading at 55 cents a share and there cash on hand
is over a dollar a share. Down side risk looks to be low.
800k on the short side with 6 days to cover.
Any good news could send this one over a dollar fast.
I am up over 15% so far this year... thanks to some of the corner
picks. Last year I lost 15% a week going long with CHAG. LOL
kaz
Latest info ONVI
From the January 11, 2002 print edition
Onvia's new president sees turnaround ahead
Carol Tice Staff Writer
Onvia.com Inc.'s new president, Clayton Lewis, faces a serious challenge. The 5-year-old Seattle company went through several business models - and about $225 million of the money it had raised - before hitting upon its current, potentially high-margin enterprise of connecting businesses to government contracts.
In the process, Onvia's revenue sank and it totally alienated Wall Street, which hammered the company's stock value into the pennies from a high of $75 at its debut in early 2000. Every analyst who used to follow the stock has dropped it.
That may be why, despite a Sept. 30 cash position of $90 million, the market values the entire company at $46 million, based on a recent stock price of 58 cents per share. Onvia recently hired New Jersey-based investment banking firm Broadview International, which specializes in mergers and acquisitions, to look at "strategic alternatives for enhancing shareholder value," Lewis said.
How can Lewis help Onvia recapture Wall Street's interest? Lewis has staked his hopes on showing the company can make a profit with its business-to-government model, and pronto.
With a work history that includes stints in government, Lewis would seem ideally suited to the task. He's been at Onvia for three years, most recently as marketing vice president, busy developing new products and bringing in customers.
His assigned task is to continue to push the company toward operating profitability, which is forecast for the second half of 2002. That forecast refers to a pro forma profit, not counting write-offs attributable to the abandoned B2B model.
"Part of the reason the board and Mike asked me to accept this position is because I have been driving revenue, and focused on customer acquisition and products," Lewis said.
Lewis fills the empty presidential slot that was left when Mike Pickett was promoted to chairman and CEO last April.
Lewis' primary focus is on using the company's main product, The Onvia Guide, to generate profits. Onvia purchased the company that created the guide, ProjectGuides, in June. Managers were so impressed that by July, they moved to end all the company's remaining business-to-business activities and switched the company mission entirely to business-to-government.
The ProjectGuides technology compiles government contract information from more than 43,000 government agencies, then sends customers e-mails containing only the selected type of government jobs they wish to bid on. The guide often provides leads before they are posted in local newspapers, giving subscribers an edge in submitting early bids, Lewis said. The company plans to expand the number of bid-categories it offers from five to seven this January, a move that should help attract new customers, he said.
"All our revenue is tied to the guide, and it's a high-margin product," Lewis said. "It costs the same if we send it to two people or 2 million, so the opportunity to build a revenue stream is very powerful."
Due to Sept. 11, the company has been given breathing room before it faces delisting, as the Nasdaq has suspended its actions to rid the exchange of penny stocks. Lewis said his understanding is that the company will have well into 2002 to get its stock price back above $1 before it would face delisting.
Lewis said the company's burn rate has been steadily shrinking, a trend he expects to continue. Even if cash consumption did not decline from the current rate - nearly $50 million was consumed during the first three quarters of this year - Onvia would likely have more than enough cash on hand to reach its projected point of operating profitability next year.
"We will turn profitable with a substantial cash balance," Lewis said. "Every quarter the cash drain will be less."
Mark Struckman, research director of the Center for Digital Government in Folsom, Calif., is bullish on the long-term prospects for Internet exchanges such as Onvia, with whom he has a consulting relationship. The business-to-government space is relatively uncrowded, and is dominated by Onvia and by Florida-based Bidnet.com, Struckman said.
But Bidnet is focused primarily on federal contracts that are up for bid, while Onvia has a growing list of state, city, county, and federal agencies posting contract notices. It's unlikely that any government agency will compete with Onvia and try to take on the formidable task of aggregating all the country's government bids, he added, when the private sector has already developed a means to do so.
"Most people I've talked to in government are very supportive of these types of services, especially local governments," he said. "There are over 85,000 government entities in the U.S., so it's a Herculean task to try to collect" all the contracts out for bid.
Government agencies like services such as Onvia's because the online exchange reaches a wider audience than does old-fashioned methods of publishing bids, which include mailing cards out to interested businesses and taking out ads in dozens of local newspapers. It's also cheaper, Struckman said.
The economic downturn may actually help Onvia's prospects, Struckman added. When the private sector shrinks, more companies take an interest in landing government contract work.
"They are in an industry that many people consider recession-proof," he said.
NYSE Suspends Enron Trading
NEW YORK (Reuters) - The New York Stock Exchange on Tuesday suspended trading of Enron Corp. (NYSE:ENE - news) shares and related securities while moving to delist the stock, dealing the latest blow to the collapsed energy company.
The NYSE said it took the action because of the ``expected protracted nature'' of Enron's bankruptcy case and the impact it will have on the company's shareholders. In the biggest bankruptcy in U.S. history, Enron filed for Chapter 11 protection early last month in New York.
The NYSE added that Enron has a right to review the decision with a committee of the stock exchange's board. But it also noted that Enron's stock, which traded at about $90 a share in Aug. 2000, has dropped to an average closing price of less than $1 over a consecutive 30-day trading period.
Take a look at UTCI
Could be ready to move up soon.
Some one took my KM at $3.10 (stop loss)
Pete
EZ...
Did you see the shares short for KM.
Be nice to get some financing news Monday.
Shares Short 46.5M
Percent of Float 15.0%
Shares Short
(Prior Month) 33.9M
Short Ratio 9.63
Daily Volume 4.83M
kaz
EZ...
Greenspan said
BUY..... KM!!!
LOL
MMAYR
If you get a chance can you look at MATX on your charts.
I picked up some at $1.70, Now at $2. and moving up.
Thanks
kaz
Keep your eye on EREX today
Could be a nice flipper... 11 million traded Monday.
29 million shares O/S as of September.
Good luck in 2002
kaz
More on GRIN
Don't forget about these shares. Even after the R/S the insiders bought 357,250@$1.40 and have warrants to buy 357,250 @ $2.12 a share.
Insiders always get good deals. Pump and Dump?
kaz
Grand Toys International Raises $500,000 in Private Placement
MONTREAL, Apr 16, 2001 /PRNewswire via COMTEX/ -- Grand Toys International, Inc. (GRIN) today announced it had raised $500,000 from a private sale of its securities to insiders of Grand Toys and affiliates of such insiders. The offering consisted of 1,429,000 units at a price of U$0.35 per unit. Each unit consists of one Common share and one Common Share Purchase Warrant. The warrants have a term of three years and are exercisable at a price of U$ 0.53 per share.
The capital infusion will be used for general corporate purposes and to fund the development of Grand's proprietary properties. No commissions or finders' fees are payable in connection with the private placement.
Founded in 1960, Grand Toys International, Inc. is a premier licensee and distributor of a wide variety of toys and ancillary items in Canada and since January 1999, a supplier of proprietary products in the United States.
This news release contains certain forward-looking statements and potential benefits from the Company's acquisition strategy, which are within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to risk and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include, but are not limited to, those related to business conditions and the financial strength of the retail industry, particularly for toy and toy-related products; the level of consumer spending for such products; the effect of currency translations; the ability of the Company to successfully obtain its products from suppliers; and the success of advertising, marketing and promotional campaigns.
SOURCE Grand Toys International, Inc.
Happy Holidays everyone !!!
Waiting for my new broker acct. to open, Old one raised their fee's for otcbb trades.
$28 + one penny a share over 2500 shares. Buffalo chips!
I picked Datek, Are they otcbb friendly? Hope so, looking forward to "2002"!
Does anyone see oil stocks as a safe haven going into 2002? I think its just a matter of time before we go to war against Saddam Hussein and his Terrorists network.
Peace
kaz
FWIW
Same here with the slow computer today
Lot of schools closed in the Great northeast today, Lot of kids home playing on Computer while Mom&Dad are working. Snow day
Any one watching XOXO, first day on the otcbb, Maybe get a dead cat on day one.
kaz
MMAYR
So, This is where all the good people went.
I am looking forward to 2002 myself M&M, I got more then I need as far as tax write off's go. Thanks to CHAG
Sold most of my USXP for a 30% gain on friday, Made My day.
kaz
Well it always ends with the truth
So many have come and gone, Some had hoped that they would fly right after the first lie was brought to the attention of the company. But instead they would not stop with the lies and they got into deep with the investors and fiance companies. All will suffer from this sickness that they spread and they will go no where in life.
even if they pull off there scam it will come back to them in do time.
Even if we don't see it they will pay for there way of life.
That's the way it will end with them.
Don't walk with them,Walk around!!!
kaz
M&M
I see you got the boot from the club. LOL
I hope the sharks or going to feed soon.
If you take over the company put me on the payroll. You could put me on special projects. The first would be to make sure the two clowns get on a plane to Iraq.
Good luck
kaz
Got awful quiet after
Tom & Shane gave the audio. I may not be jumping for
joy, but I will say Shane sounded very honest about
where they are at this point and what needs to be
done to get Kansas in full production. As for the
AMEX merger: Glad he stopped talks with that company.
Just goes to show he is not out for short term gains
with long term complication to CHAG and the share
holders.
GO CHAG!!!!
P.S. I smell gas, is it from RB or Kansas?
Hello everyone, new here
Been a share holder since Jan. Do not post that much
on the msg boards, this board has some good info on
CHAG.
Financing news:
I think investors were looking for the 1 million dollars
up front that the company said they would get when Financing
was done. See PR from 3/20, that would have been a nice jump
start for Kas oil and gas.
Good luck to all