Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
News on MarketWatch Today morning
Financials
Sponsored by:
SPZI 0.01, 0.00, -8.3%) , announced today that Mr. Errol Stone, its current Executive Vice-President and Secretary, will be leaving the company's employ to head 141 Capital (141) as its newly appointed Chief Executive Officer. Mr. Stone will remain on the Spooz board of directors and retain his title as Secretary of the corporation.
"I look forward to the challenge of heading 141 and consistently building shareholder value," stated Mr. Stone. "I believe that through the practice of law, advising public and entrepreneurial companies alike, together with my contacts and experience in the futures and derivatives industry, that I have the necessary foundation and am well equipped to successfully lead 141."
Mr. Stone is a founder, and has served as a director, Chief Operating Officer and then Executive Vice President and Secretary of Spooz for over six years. While at Spooz, Mr. Stone was responsible for administration and coordinated all legal, financial and securities matters, including responsibilities as principal for an NFA registered Introducing Broker and Commodity Trading Advisor. He was instrumental in finding and implementing funding for Spooz, developing strategic partnerships, establishing industry contacts and was involved in all aspects of its day-to-day operations.
Prior to joining Spooz, Mr. Stone was a Vice President of JumpStart Revenue, Inc. with responsibility for operations and professional sales. Throughout his career, he has worked with senior executive from start-up through exit strategy, organizational development, operations management, strategic planning, funding and compensation. He was a senior attorney at the Securities and Exchange Commission in Washington, DC; practiced securities, corporate and real estate law; and was a Senior Counsel at Bank of America. Mr. Stone received his undergraduate degree from Tufts University and his Juris Doctorate from Boston University School of Law.
About Spooz, Inc.
Spooz, Inc., a publicly traded company based in Chicago, provides a suite of solutions designed to simplify financial trading for traders and hedgers alike. SpoozToolz(TM) and its modules, the Company's flagship products, add built-in trading capabilities to the popular Microsoft(R) Excel software application, combining a customizable interface, streaming quotes, charts, technical analysis, a comprehensive historical database, and electronic trade execution into a simple add-in that becomes part of the Excel tool bar.
About 141 Capital
The mission of 141 Capital, is to profit through systematically increasing trading capital through the deployment of a continually developing portfolio of alternative managed investment products that provide superior returns for strategically selected investor segments.
SOURCE: Spooz, Inc.
Spooz, Inc.
Darryl Dennis, CMO
(312) 379-3166
info@spooz.com
www.spooz.com
www.spooztoolz.com
or
141 Capital
Errol Stone
estone@141capital.com
Copyright Business Wire 2007 End of Story
Comtex
Top stories
21 minutes ago U.S. stocks on roller coaster ride, pressured by financials
4:59 PM 11/1/07 Paulson hedge funds cut subprime bets after huge gains
10:17 AM today British Airways cuts sales forecast again as profit jumps 51%
5:31 PM 11/1/07 Workers' retirement-plan participation drops for second year
6:34 PM 11/1/07 Temporary alternative minimum tax 'patch' advances
More News
Most Popular
READ
E-MAILED
EDITOR'S PICK
* Six good eating habits that will help prevent cancer
* The 10 worst jobs in America
* U.S. stocks on roller coaster ride, pressured by financials
* U.S. stock futures climb on strong payrolls; Merrill drops
* Merrill Lynch reportedly did deals to put off mortgage losses
* October job growth strongest since May
* Bond market sees Fed's rate-cut as inflationary, Seiver says
* Merrill, WaMu lead sector lower as practices questioned
* Friday's biggest gaining and declining stocks
* Financials drag down Asian markets
* Six good eating habits that will help prevent cancer
* Learn a language without paying for a class
* The 10 worst jobs in America
* Paulson hedge funds cut subprime bets after huge gains
* Merrill Lynch reportedly did deals to put off mortgage losses
* Bond market sees Fed's rate-cut as inflationary, Seiver says
* Analyst says WaMu faces taking back securitized mortgages
* How to play China
* Workers' retirement-plan participation drops for second year
* UnitedHealth to buy Fiserv assets for $775 million
* U.S. stocks on roller coaster ride, pressured by financials
* Paulson hedge funds cut subprime bets after huge gains
* British Airways cuts sales forecast again as profit jumps 51%
* Workers' retirement-plan participation drops for second year
* Temporary alternative minimum tax 'patch' advances
Get the Latest MarketWatch News >>
TRADING CENTER
SPONSORED LINKS
Get listed here
Hot Stock Alert - GFET
Ethanol, Biofuels, Green Energy. Alternative Energy Growth Stock.
www.GulfEthanolCorp.com
GE Medical Imaging Investment: 15% ROI
Expand Your Portfolio. Invest w/ mkt experts & GE. Min $25K Investment
www.MobileImagingSystems.com
Trade Stocks Online at TD AMERITRADE
Trade free for 30 days & get $100. No maintenance fees. Sign up now.
www.TDAMERITRADE.com
Winning Stock Pick
New Emerging Energy Company Read this exciting report Now
enrgtrader.com
Practice Forex Trading
Trade Forex directly online. Free practice account. Start Forex now!
www.ac-markets.com
Site Index | Archive | Help | Feedback | Membership | Premium Products | Mobile | RSS | Podcasts | Company Info | Advertising Media Kit | Dow Jones Client Solutions
The Wall Street Journal Digital Network:
WSJ.com | Barron's Online | BigCharts | Virtual Stock Exchange | All Things Digital | MarketWatch Community
CareerJournal.com | CollegeJournal.com | OpinionJournal.com | RealEstateJournal.com | WSJ.com Entrepreneur
trust-e
MarketWatch
Copyright © 2007 MarketWatch, Inc. All rights reserved.
By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07).
Errol Stone Tapped to Head 141 Capital, Inc. - MarketWatch
Intraday data provided by Comstock, a division of Interactive Data Corp. and subject to terms of use. Historical and current end-of-day data provided by FT Interactive Data. More information on NASDAQ traded symbols and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Dow Jones IndexesSM from Dow Jones & Company, Inc. SEHK intraday data is provided by Comstock and is at least 60-minutes delayed. All quotes are in local exchange time.
Somethng really big coming up on this stock.....to da moon i guess...
Satelinx Announces New PDA Enabled Software
Satelinx (PINKSHEETS: SLXI) has completed the final stage in developing a GPS tracking software which will allow the individual user to track a vehicle or person using their own PDA cell phone . PDA sales have tripled in the past two years and make up for more than half of all cell phones on the market. It is our desire to tack in on this 30 billion dollar a year market and make our software a standard on all PDA's.
"We have been working diligently to integrate our GPS tracking software with today's highly advanced PDA cell phones. This will allow mobile ease of use to all users in order to better track assets and individuals. In today's mobile world, having the ability to be at any place at anytime to keep a watchful eye on your family and assets, without being confined to a single location to monitor, will greatly improve every aspect of security. Adding to a market that's already saturated with PDA technology, we feel that it will be a simple merge into everyday use and will allow us the opportunity to sell our GPS tracking units on a large scale," stated Sam Grinfeld, Chairman of the Board of Satelinx.
About Satelinx
Satelinx International Inc. provides satellite vehicle tracking units that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, including forecasts of market growth, future revenue, benefits of the proposed merger, and expectations that the merger will be accretive to Satelinx's results and other matters that involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in integrating merged businesses; uncertainties as to the timing of the merger; approval of the transaction by the stockholders of the companies; the satisfaction of closing conditions to the transaction, including the receipt of regulatory approvals; whether certain market segments grow as anticipated; the competitive environment in the software industry and competitive responses to the proposed merger; and whether the companies can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Satelinx undertakes no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.
Source: Market Wire (January 25, 2007 - 4:00 PM EST)
All my opinion...
A PR should move this up further north in my opinion.........................
OOOOOOOO-- 66% gain.....Sure it gonna reach penny in my opinion.....
Shld be play for the month..
my gueess it will tank to 0.0057
Satelinx (PINKSHEETS: SLXI) announces today the reduction of equipment costs and tracking fees due to moving some key component production to China and more efficient communication methods.
Full implementation will occur in the new year, and total costs will reduce for the end user 20% without affecting the bottom line.
"Due to the high demand worldwide in electronic components, we have successfully sourced high quality lower cost components that will dramatically lower the overall cost of our tracking devices; this lower cost will significantly give Satelinx the upper edge in the marketplace by offering quality products at a much lower cost than our closest competitors. Globally, the cost of cellular usage is lowering due to higher demand, which will also significantly impact our monitoring fees," stated Sam Grinfeld, Chairman of the Board of Satelinx.
About Satelinx
Satelinx International Inc. provides satellite vehicle tracking units that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost-effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, including forecasts of market growth, future revenue, benefits of the proposed merger, and expectations that the merger will be accretive to Satelinx's results and other matters that involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in integrating merged businesses; uncertainties as to the timing of the merger; approval of the transaction by the stockholders of the companies; the satisfaction of closing conditions to the transaction, including the receipt of regulatory approvals; whether certain market segments grow as anticipated; the competitive environment in the software industry and competitive responses to the proposed merger; and whether the companies can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Satelinx undertakes no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.
Source: Market Wire (December 14, 2006 - 8:00 AM EST)
I guess this is gonna be huge once they come up with some estimates from the previous release ..It is already upticking and am sure it will see 0.0025 in 2 weeks....
Am sure it has potentail to go upto 1 Cent in another 1 r 2 months..
Wow...Some one bought 8M shares,,,,,,
jus 240k shares...
How abt Dividend folks?
What is the price we r expecting in another month r 2 on this? any thoughts?
These folks are only under negotiations..nothing is materlized:(
750m shares and 1 mil revenues..imagine PPS....Guys pump n dump stock..nothing special about this...take out the profits..
Hope its nt scam like SLJB.....jus pumping pumping with PR's..
Becarefuk with u r investments..
Gary Rennie, Windsor Star
Published: Thursday, November 16, 2006
OSC spokeswoman Laurie Gillett and SEC spokesman John Heine both declined to comment.
"Our policy is not to discuss matters that are before the commission," said Gillett.
Canada set up Integrated Market Enforcement Teams in 2002 to investigate commercial crime which includes members of the RCMP, Investment Dealers Association of Canada, OSC, Revenue Canada, and Justice Canada. RCMP Supt. Don Panchuk, who heads up one Toronto-based market enforcement team, couldn't be reached Wednesday.
So far, all investors have seen are Sulja's unaudited financial statements released in early October, which said that total revenues of US$65.5 million and pre-tax profits of US$28 million were made between June 1, 2005 and May 31, 2006.
Another statement released at the time projected US$307 million in revenue for 2007 with a pre-tax profit of US$93.9 million.
Vucicevich said the statements shouldn't have been released and he had ordered them taken off the company's website, although they could still be found there Wednesday.
He would not say what accounting company did the audit, but said the accountant had returned to Cairo, Egypt.
When The Star asked for an interview with Sulja's in-house accountant or chief financial officer for explanations of the previous financial statement and projections for 2007, Vucicevich said the company had neither.
Asked about the board of directors that oversees the company, Vucicevich said there's only one board member left, a Windsor lawyer, Shahid Khan, who serves as president.
Khan said he was hired to do the legal work on the incorporation of Sulja Building Materials Ltd. in Nevada. He said he knew little else about the business. Khan said he is serving as president of the board until other officers can be found. Vucicevich is the board secretary, he said.
Vucicevich's comments about the unaudited financial statements trouble investors like Ken Rosenberg, who is in the mortgage business in New York City. He has 300,000 shares of Sulja stock, an investment of about US$25,000. "I don't want to lose that money," he said.
Rosenberg is trying to decide whether to stay invested until the audited financial statement comes out or get out.
He said he did his best to research Sulja but it's difficult when many of the deals mentioned were in the Middle East and details were vague.
Vucicevich's other company, Sulja Building Materials, began more than two decades ago as a lumberyard and hardware store founded by John Sulja and carried on until recently by his children on the outskirts of Harrow.
In the last eight months, the family business was merged into another U.S. penny stock company called Loftwerks and incorporated in Nevada under the Sulja name, state records show. It has an authorized 800 million shares, according to Nevada records. The stock trades on an over-the-counter market known in the business as "pink sheets." The stock price can be easily tracked over the Internet although it's not listed on an exchange.
At least one Sulja family member works for the lumber business. Wally Sulja, who works for the company out of its Huron Church Road office, said his cousin Steve Sulja, a former CEO, "was bought out" earlier this year. Steve Sulja and John Sulja, who is retired, didn't return calls from The Star.
© The Windsor Star 2006
RCMP probe penny stock deals
Harrow lumberyard linked to claims of projects in Mideast
Trades/TechnicalWindsor Star AdA.P. PLASMAN CORPORATION - is a full service group of companies that supply world class products ...
Article Tools
Printer friendly
E-mail
Font: * * * * Gary Rennie, Windsor Star
Published: Thursday, November 16, 2006
The flamboyant CEO of a Harrow lumberyard who has promoted hundred of millions of dollars worth of investments around the world -- including a $20-million commercial development in Colchester -- is facing scrutiny from the RCMP.
Petar Vucicevich, of Sulja Brothers Building Supply Ltd. said he was questioned last week by the RCMP about the stock of his company, which is currently one of the most hotly traded penny stocks in North America.
"I have nothing to hide," Vucicevich -- nicknamed "Black Pete" for his penchant for black clothing -- said in a telephone interview earlier this week. "They just want to make sure everything is as it's supposed to be."
Vucicevich said the officers who questioned him told him it was a routine investigation because the price of the stock had shot up from zero early this year to around 12 cents a share in recent trading.
Investors were looking anxiously Wednesday for audited statements that would reflect the company's many news releases that had noted deals in the works such as US$100 million or more in cement sales, lumber mill purchases and a US$650-million hotel project in the United Arab Emirates, among others.
Trading in the stock has created an enormous buzz on Internet chat forums.
Hundreds of thousands of messages are flying around daily as investors rejoice or curse with each upward and downward movement in the stock's price. About 21 million shares were traded Wednesday, but the price dipped to nine cents a share when the audited statements were not released.
On some days as many as 30 million shares or more are traded, and the price per share has been as high as 21 cents. Many who bought for pennies a share, dream of a jump to $4 or more a share.
Vucicevich drives a black Range Rover, but his several corporate roles and talk of multimillion dollar deals seem out of character with the tiny second-floor offices and no secretary or any other visible staff at the Pelissier Street headquarters of Kore International, where he is director. One room was still being renovated, some furniture was tipped over.
Vucicevich, who is also director of another company called Consultech, wasn't there. The only other occupant, Sam Sulja, a self-employed stock trader, said he didn't work for Kore but had occasional business dealings with Vucicevich.
In late September, Vucicevich announced that Kore International had plans for a $20-million commercial development in Colchester that would include a $1-million Kronk gym and stores, shops and bed and breakfast accommodations. He later said a cheese factory and a factory that manufactures wooden spindles would be added to the project.
Vucicevich said earlier this week that the RCMP officers who questioned him -- Sgt. Darrell Nay and Cpl. Gordon Aristotle -- said they were part of a joint intelligence unit that works with the Ontario Securities Commission. Reached Wednesday in Toronto, Nay had no comment.
Vucicevich said he told the officers he had no objection if they sent the results of the interview to the U.S. Securities and Exchange Commission (OSC) since Sulja Brothers is incorporated in Nevada.
If they ask for physical certs..then whole process will take few weeks...:(
Folks one Question...
What is the point of keeping dividend shares which are worth 10-20 cents and not being traded in the Market????
This is running like crazily.......My godddddddddddddddddddddd
I got filled 165K in 5 min...5000,100K,60K :)
Please can any one point to the link where you are talking about revenues?
Guys where do you think this should be in another 1 month?
Hope this is not like CSHD scam..
Lemme guess about financials..
Just trying to Analyze..
This is from Last PR
"that we are in possession of the financials at the moment, but we do need to make these changes before we release them. If not corrected it would lead to a lot of confusion among our shareholders and we definitely do not want that."
So I feel there might be some trick in the AF's....If they have earnings as they have mentioned in Unaudited...they will try to adjust those earnings by saying:::
Acquisition of Lumber Mill or SAM Building or etc etc...and spent money in acquiring these junk stuff and waiting for revenues from next year or so...and I don't see much support for share price once AF's are released...
Folks I have still SLJB shares but I am not bashing..seeing all possiblities....
It's gonna tank if they don't come up with AF's by this weekend..
Good luck to everyone....
This is just my opinion..Don't buy or sell based on this.
and No posts here..wats up folks?
No trades?
Hey did any one order 2 weeks forecast????
wat it says..any one like sto share here...
l2 plzzz
L2 plzzzzzzz
Any guess on closing price today?
Sonslong plz post L2 for every uptick r downtick
it will go down on this news..:(((((
I want to add few more shares..do u think it will go down lil bit?
Sure if there is any major movement Sonslong! :)))))
Thanks Sonslong...