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Gotta love a pink that wants to move up to the OTCBB or higher. With the current completion of all required audited financials, the company is submitting the standard Form 15c211, and will immediately seek approval to begin trading on the Bulletin Boards.
SPSI MACD indicates a strong bullish signal and is trading above the signal line. Watching for a close HOD or better :)
mm HILL about to get smacked down LOL
Sure
There seems to be VERY light resist. on SPSI
Momentum starting on this one : Specialized Services, Inc. (SSI) Posts 325% Revenue Increase
Thursday 05/01/2008 7:51 AM ET - Pr Newswire
Related Companies
Symbol Last %Chg
SSIN 7.00 0.00%
SPSI 0.12 9.09%
As of 10:43 AM ET 5/1/08
Specialized Services, Inc., (Pink Sheets: SPSI), the surging Michigan-based fuel-services distribution corporation, announced it will file to uplist to the Over the Counter Bulletin Board as a fully reporting, SEC compliant company. With the current completion of all required audited financials, the company is submitting the standard Form 15c211, and will immediately seek approval to begin trading on the Bulletin Boards.
"Passing this milestone will allow Specialized Services to perform on a platform with higher visibility and participation, leading to our expansion through new merger and acquisition targets," said Chairman, President and CEO David E. Joseph. "We will continue to focus on vertical integration by acquiring Gas Stations and Convenience Stores which will be supplied by our state-of-the-art Network of Value Enhanced Leadership -- or NOVEL -- system Fuel Distribution Network."
As Specialized Services (SSI) uplists to the OTCBB, the company is experiencing exponential revenue increases. According to the latest reports, Specialized Services saw its revenues more than triple -- from approximately $60,000 to nearly $190,000 for the nine-month period ending September 30, 2007 compared to the nine-month period ending September 30, 2006. Gross billings covering all company services came in at $12,296,488 for the nine-month period ending September 30, 2007, compared to $14,657,106 for the nine-month period ended September 30, 2006. The majority of the company's billings are from the distribution of fuel product.
SSI was founded in January 1988 as a minority-owned Michigan s-corporation in the fuel services distribution business, principally to truck-fleet customers. Over the past 20 years, the company has developed a diversified line of services but retained a specialty in petroleum product sales and consulting.
"Specialized Services maintains a sophisticated Fuel Services Program that provides many advantages to our clients," Joseph explained. "Due to the current situation with significant fluctuation in fuel costs, we have established a tracking system to monitor those costs across the country. Our clients have found that capability to be very valuable in today's volatile pricing climate."
Fleet truck drivers are then issued a FSP Credit Card to track all road purchases of fuel. "We then gather and analyze this data to determine the consumption patterns of each fleet, and we are able to negotiate 'bulk purchase' discounts for our client," Joseph said. "We currently provide our Fuel Services Program to approximately 12 truck fleets, and have arrangements with 3,000 fuel stations under a wide variety of formats across the nation."
Specialized Services has strong ties to both ends of the fuel industry -- not only to consumers but also to vendors. The company has contractual arrangements with over eight fuel distribution centers, many of which operate multiple truck stops and similar facilities nationally.
"These arrangements yield a pricing advantage, because we are able to 'shop' for the best local prices on behalf of our customers," Joseph explained. "As gas and oil prices rise and become less stable, there is an increased opportunity for us to maximize profits for our clients."
In addition to the Fuel Services Program, the company owns a competitive local exchange carrier license to provide telecommunication services, and in the third quarter of 2007, it began making investments in short-term residential purchase, remodel, and sale projects.
"With the rigorous financial auditing process behind us, we will now shift our attention to corporate expansion, including acquisition and merger targets that our partners at GFS Investments have brought to our attention," Joseph said. "We ask our shareholders to stay tuned in the near future for a series of corporate actions that will better position Specialized Services during this period of volatile oil prices."
For more information on Specialized Services, Inc., visit www.spsv-inc.com or call (248) 557-1030.
To schedule an interview with SSI Chairman, President and CEO David Joseph, please call Peter Wendel at 202.380.5120.
Specialized Services, Inc. (SSI) is 17-year-old Michigan-based company that provides high-level expertise in the development and implementation of customized purchase support services that help transportation customers control expenses -- saving them time and money. For more information, visit www.spsv-inc.com .
Forward-Looking Statements
Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as "Forward-Looking Statements" for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including "anticipate," "await," "envision," "foresee," "aim at," "plans," "believe," "intends," "estimates" "expects" and "projects" including without limitation, those relating to the company's future business prospects, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward- Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. See www.sec.gov .
SOURCE Specialized Services, Inc.
http://www.spsv-inc.com
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Specialized Services, Inc. (SSI) Posts 325% Revenue Increase
Thursday 05/01/2008 7:51 AM ET - Pr Newswire
Yes.
Very nice
.93 x .94, break of $1 would be nice
Not a bad bounce at all.
You would think "Travelocity news" would spark it.
US National Telecom (USNT) Expects to Announce Deal With Travelocity
Wednesday April 30, 8:30 am ET
DENVER, CO--(MARKET WIRE)--Apr 30, 2008 -- US National Telecom (Other OTC:USNT.PK - News) has selected Travelocity.com, the leader in online travel, as its preferred online travel partner. The Company's subsidiary will submit for a patent on its proprietary method of interconnecting VoIP telephone calls to advertisers which when implemented will now include Travelocity. Online demand for travel services is high, as evidenced by the more than $3 billion in annual online bookings handled by Travelocity.com. The Company's strategy includes a proposed method to allow VoIP telephone customers to respond to an advertisement that is played within the telephone call. The Travelocity.com logo and hotlink will also be displayed on the USNT website as well as the websites of all its subsidiary and partly-owned companies.
ADVERTISEMENT
USNT's President said, "Travel and related services have become one of the most-requested online services and we hope that we can benefit from linking telephone calls and in-call advertisements for travel, using the highly respected services of Travelocity."
US National Telecom is aggressively pursuing opportunities in the telecom, VoIP and related fields, including seeking to purchase or invest in companies that are closely aligned with USNT's goals.
The current share structure of USNT is 460,083,750 shares outstanding with 240,763,800 Restricted and 2,000,000 Preferred shares.
About US National Telecom (USNT)
US National Telecom (Other OTC:USNT.PK - News) is a publicly traded technology company, headquartered in Denver, Colorado. The Company is working to create a large VoIP company by expanding its international voice traffic and seeks to acquire companies in the VoIP marketspace. www.USnationalTelecom.com
Safe Harbor Statement: This release includes forward-looking statements, made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be faulty assumptions or inaccurate statements. Financial information is based on projections of revenue and deposits for services, is unaudited and subject to restatement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SRSR has also been on a roll. Mick mentioned it to me months ago when it was trading less than .0005. How high is FRGY expected to go?
It's usually a good entry in the low 2's , good luck million :)
Grabbed some .70's at a deep discount today
Interesting comment last night:
Investor's Business Daily
Farm Machinery, Other Ag Giants Slide On Agco's Full-Year Earnings Warning
Tuesday April 29, 6:42 pm ET
Vance Cariaga
Shares of farm machinery stocks went south Tuesday after Agco Corp. (NYSE:AG - News) forecast full-year earnings below analyst views, citing the impact of rising materials costs on margins.
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The disappointing outlook marred an otherwise rosy first-quarter report for the No. 2 U.S. farm machinery maker. Earnings more than doubled from the prior year to 63 cents a share. Analysts polled by Thomson Reuters expected 47 cents. Sales rose 34% to $1.79 billion, also above views.
Bitter Harvest
But Agco said full-year results would be hurt by economic weakness, unfavorable exchange rates and spending on plant upgrades and other initiatives. The company forecast 2008 EPS of $3 to $3.15, well below the $3.26 expected.
"Projected operating margin improvement in 2008 ... is expected to be limited by spending on our strategic initiatives as well as the negative impact of currency translation," Agco CEO Martin Richenhagen said in a statement.
The weak dollar has buoyed Agco's sales. But it also is boosting costs of raw materials from Brazil and Europe, analysts said.
Banc of America Securities analyst Seth Weber said in a note to investors that he "doesn't view this guidance as presenting a change to our positive global agricultural thesis/opportunity."
Bad Day For Farm Sector
Wall Street had a more negative take, sending Agco shares down 11% to 60.96. It was the firm's worst one-day loss in at least a year and halted recent gains that saw the stock near its all-time high twice within the past two weeks.
Group mates Deere and Lindsay (NYSE:LNN - News) closed the day down 6% and 7%, respectively, halting both stocks' momentum. Deere hit a record 94.89 on April 18, while Lindsay peaked at 131.14 on April 22.
Meanwhile, Archer Daniels Midland (NYSE:ADM - News) fell 4% Tuesday. The grain processor cruised past first-quarter sales and earnings views, but investors might have been worried about a 31% profit drop in ADM's corn-processing business, which includes ethanol production. ADM blamed high corn prices and rising energy costs.
ADM shares, which set a record high of 48.95 on April 22, also suffered from Monday's Agriculture Department report showing that only 10% of the U.S. corn crop has been planted so far this year. That's down from 23% last year and a five-year average of 35% by this time. Bad weather has been blamed.
U.S. corn futures shot up to a record high on that report.
Concerns also have been raised about the prospect of legislation that would end government subsidies for ethanol, which has faced criticism for the role it plays in global food shortages.
Fewer subsidies would likely curtail farm production -- and hurt sales at equipment suppliers.
"Legislation against ethanol is a potential head wind for all agriculture-related stocks," said Lawrence De Maria, analyst at Sterne Agee. "It's been talked about more and more recently."
Highflying fertilizer stocks continued their recent retreat. Potash Corp. of Saskatchewan (NYSE:POT - News) fell 6% and Mosaic (NYSE:MOS - News) 4.5%. Intrepid Potash (NYSE:IPI - News) slid 5.5% to 45.62, its lowest close since coming public last week. It still is well above its $32 offering price.
Seed giant Monsanto (NYSE:MON - News) tumbled 9% in heavy volume.
Ag-related stocks clearly have benefited from high prices for corn, soy and other commodities amid a rise in biofuel production and increased demand for food grains in foreign markets.
In Agco's case, international revenue helped offset sluggishness in North America, where the ailing U.S. economy has dampened sales at the retail level.
Excluding currency swings, Agco's net sales grew just 10% in North America during the first quarter. That compares with 44% in South America, 28% in Asia/Pacific and 20% in Europe/Africa/Middle East.
"Agco is very nicely distributed around the world," said Charlie Rentschler, vice president at Wall Street Access. "There's not as much exposure to North America as some of the other companies."
South America has been a major driver -- particularly Argentina and Brazil, where first-quarter retail sales of tractors grew 64% and 47%, respectively.
High commodity prices played a big part in the growth there and elsewhere, company officials said.
"Many of the conditions that support commodity prices were present in the first quarter, including the increasing demand for crops used in food, animal feed, fiber and fuels," Richenhagen said. "The elevated commodity prices supported agricultural industry demand across our major market. In Brazil, industry volumes have risen to near prior peak levels."
But not all farm equipment stocks have fared as well. Last week Dutch equipment maker CNH Global (NYSE:CNH - News) posted first-quarter profit below views, citing internal and external bottlenecks.
Its stock fell almost 17% on the news, erasing the previous three months' gains. CNH continued to sell off Tuesday, closing the day down 5.
Really, that's $weet
LOL maybe if it was Frontier "Chesapeake or Apache" Energy
Yep, me and this guy :
Agreed, thanks for the heads up
Nice pullback too:
Yep.... Chavez playing games
BOO ! LOL found ya
Thank you very much, will do.
I have seen KRY in the red though. LOL :)
No, what's the scoop? Press Release Source: North American Palladium Ltd.
North American Palladium First Quarter 2008 Financial Results Conference Call
Wednesday April 30, 10:58 am ET
TORONTO, ONTARIO--(MARKET WIRE)--Apr 30, 2008 -- North American Palladium Ltd. (Toronto:PDL.TO - News)(Toronto:PDL-WT.TO - News)(AMEX:PAL - News)(PALWS - News) will release its first quarter 2008 financial results on Monday May 12, 2008 after market close. A conference call to discuss the results will be held on Wednesday May 14, 2008 at 8:30 a.m. ET, presided by Mr. Jim Excell, President and Chief Executive Officer. A question and answer period will immediately follow.
I also tried to short IPI from 48.3 but may online service was unable to borrow the shares ( arrrrgh )
I like the new name
LOL I made a few bucks on Freddie Mac and I had to pay my taxes. I had to pawn the family dog and the wife.
Will do thx bud.
I've been eating up some of these KRY shares in the .70's
Good afternoon million :)
Sure seems that way, has the o/s changed again?
Should we short Citigroup?
On watch, thx
That's a sweet ride
FRE, I sold my shares for a $4 gain per share :) Taking a little trading time off with profits
I like playing the bottoms
I can use one of those squirrel massages myself. Do they specialize in the rub & tug method ? LMAO!! Have great one bro GO GIANTS!!!!