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So what does it mean when the "Resident Agent" resigns?
China has a population of 1.4 BILLION people and is one of the largest countries on the planet geographically speaking. I don't think there is any company that could serve as a sole supplier for anything that country needed.
I don't think it's wise look at competition in Western terms. The rise of China is re-writing the rules and definitions of mass markets and mass consumption.
Bottom line, don't worry about competition. If AquaGold pulls this off, the demographics will take care of the rest.
GLTA!
Looking at a short-term (by mid-late Dec) price target of $0.25 based on news/momentum.
Anybody else have a target?
John
OT: Has anyone tried using IHUB and this board on a web enabled cell phone or "Crack Berry"? I'm looking for ideas to stay connected to this awesome board while untethered from my laptop or PC. I can't get to the site while a work, so am looking for other ideas.
Any insight would be appreciated
WWEI.OB UP 33.33% ON STRONG VOLUME
Looks like 100,000,000 Shares out from the following link:
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=yGKJpKF3jwfkaxUMpXWGwg%253d%253d
GLTA
John
Based on what? Quit pumping.
Anyone got any idea why we're running on 3x average volume?
John
Unity (UTYW: OTCBB) Completes Shipment of First UMB -- Ultra Mobile Broadband Win From North American Fortune 500 Wireless Manufacturers
Tuesday November 6, 4:18 pm ET
BELLINGHAM, WA--(MARKET WIRE)--Nov 6, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that it has completed the first shipment of its Ultra Mobile Broadband (UMB) product after being selected by one of North America's largest wireless manufacturers to develop a new UMB wireless mobile high speed data product for use in the client's latest mobile broadband base station product line. Unity announced the win of this project on July 5, 2007.
ADVERTISEMENT
Rick Byrd, Vice President, Sales for Unity's OEM (Original Equipment Manufacturer) group, commented, "I am very pleased that we were able to develop, build and pass qualification testing within the schedule provided by our client. With this first delivery of UMB products we are developing our relationship with this client. This milestone positions Unity as a strong player in the growing WiMax (4G) related wireless technology business in general and with this important UMB project in particular."
Raffi Antepyan, Unity's OEM (Original Equipment Manufacturer) group CTO, added: "UMB, Ultra Mobile Broadband, is the next big push in the wireless industry. Unity is now involved in several of the potential protocols that will establish Unity in this very important developing 4G market."
About Unity Wireless
Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.
The key word below is "a". If you actually read what is written, there is no reason to believe they are talking about GCOC.OB. It could be anyone. Implying anything else is pure speculation.
Comments?
came from this pr U.S. Energy Corp nasdaq "useg"
http://biz.yahoo.com/prnews/071030/latu137.html?.v=62
We entered into an Exploration and Area of Mutual interest agreement with a ""Gulf Coast Oil and Gas Exploration"" and Production Company this past summer under which we expect to participate as a 20% working interest partner in numerous wells that will be drilled over the next three to five years. We expect the first two onshore gulf coast wells to be drilled in the first quarter of 2008, to be followed by announcements of more leasing activity
This PR says "a" Gulf Coast Oil and Gas Company not "the" Gulf Coast Oil and Gas Company. There is no reason to believe it is GCOC.OB they are working with. It could be anyone.
Comments?
BioStem Acquires Joyon Entertainment, Inc.
ATLANTA, GA--(Marketwire - October 30, 2007) - BioStem, Inc. (the "Company") (OTCBB: BTEM) announced that it has entered into a definitive agreement to acquire Joyon Entertainment, Inc., which is in the online games and electronics manufacturing businesses.
On October 12, 2007, the Company entered into a Stock Exchange Agreement with Joytoto Co., Ltd., a Korean company, and Joyon Entertainment Co., Ltd., a Korean company, to purchase 100% of the issued and outstanding capital stock of Joyon Entertainment, Inc., a Delaware corporation ("JEI"), in exchange for 115,000,000 shares of the Company's common stock, to be issued after giving effect to a one for forty reverse split of the Company's common stock, as well as the divestment of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc.
In order to complete the acquisition of JEI, the Company is required to secure a release of the Company from the holders of the Company's Senior Secured Convertible Debentures, as well as effect the conversion of the Company's Junior Convertible Secured Debentures. Accordingly, the Company entered into an Agreement to Purchase Subsidiaries and Cancel Shares with Marc Ebersole (the Company's CEO and Director), Christine Ebersole (a Director and employee), and Scott Schweber (a Director), as well as the holders of the Company's Senior Secured Convertible Debentures and the Company's Junior Convertible Debentures (the "Subsidiary Purchase Agreement"). According to the Subsidiary Purchase Agreement, Marc Ebersole, Christine Ebersole and Scott Schweber (the "Management Shareholders") will release the Company from any and all claims they may have against the Company and its lenders, and will tender to the Company a total of 130,000,000 shares of the Company's common stock for cancellation. The Company's Senior Secured Debenture Holder will release the Company from its obligations under the Senior Debenture, and such obligations will remain obligations of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. The holders of the Company's Junior Debentures, which are convertible into 17,350,000 shares of common stock after giving effect to a one for forty reverse split, will convert their debentures into (i) 17,350,000 shares of common stock, and (ii) will be issued an additional 16,169,549 shares of common stock, and (iii) will be issued a warrants to purchase 21,000,000 shares of common stock at an exercise price of $0.10 per share (all amounts reflect issuances after giving effect to the above mentioned reverse stock split). Finally, the Company will transfer 100% of the outstanding capital stock of its two operating subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. to the Management Shareholders and the holders of the Company's Junior Convertible Debentures. The descriptions of the transactions herein are qualified by reference to the actual transaction documents, which have been filed as exhibits to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on or about October 30, 2007.
The Company has changed its name to Joytoto USA, Inc., and completed a one for forty reverse split of the Company's common stock, both to be effective on the opening of business on October 31, 2007. On the opening of business on October 31, 2007, the Company's common stock will commence trading under the new symbol "JYTO."
Immediately after the closing of the actions described above, Marc Ebersole and Christine Ebersole will resign as officers and directors of the Company. Immediately prior to their resignations, they will appoint Cho, Seong Yong as President, CEO and Director, Cho, Seong Sam as CFO, Vice President, Secretary and Director, Choi, Doo Ho, as COO and Director, Um, San Yong as Internal Auditor. Cho, Seong Yong and Cho, Seong Sam are brothers. The new officers and directors of the Company were designated by Joytoto Co., Ltd., which will be the new controlling shareholder of the Company as of October 31, 2007.
Safe Harbor Statement
This press release contains "forward-looking statements" by BioStem, Inc. These statements relate to future events or financial performance and transactions, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements, to be materially different from those contemplated by the forward-looking statements. There can be no assurance that the acquisition described herein will successfully close. We undertake no ongoing obligation, other than that imposed by law, to update these statements. Factors that could affect results, levels of activity, performance or achievements and cause them to materially differ from those contained in the forward-looking statements include factors that can be found in BioStem's filings with the Securities and Exchange Commission, which can be found at www.sec.gov.
BioStem Acquires Joyon Entertainment, Inc.
ATLANTA, GA--(Marketwire - October 30, 2007) - BioStem, Inc. (the "Company") (OTCBB: BTEM) announced that it has entered into a definitive agreement to acquire Joyon Entertainment, Inc., which is in the online games and electronics manufacturing businesses.
On October 12, 2007, the Company entered into a Stock Exchange Agreement with Joytoto Co., Ltd., a Korean company, and Joyon Entertainment Co., Ltd., a Korean company, to purchase 100% of the issued and outstanding capital stock of Joyon Entertainment, Inc., a Delaware corporation ("JEI"), in exchange for 115,000,000 shares of the Company's common stock, to be issued after giving effect to a one for forty reverse split of the Company's common stock, as well as the divestment of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc.
In order to complete the acquisition of JEI, the Company is required to secure a release of the Company from the holders of the Company's Senior Secured Convertible Debentures, as well as effect the conversion of the Company's Junior Convertible Secured Debentures. Accordingly, the Company entered into an Agreement to Purchase Subsidiaries and Cancel Shares with Marc Ebersole (the Company's CEO and Director), Christine Ebersole (a Director and employee), and Scott Schweber (a Director), as well as the holders of the Company's Senior Secured Convertible Debentures and the Company's Junior Convertible Debentures (the "Subsidiary Purchase Agreement"). According to the Subsidiary Purchase Agreement, Marc Ebersole, Christine Ebersole and Scott Schweber (the "Management Shareholders") will release the Company from any and all claims they may have against the Company and its lenders, and will tender to the Company a total of 130,000,000 shares of the Company's common stock for cancellation. The Company's Senior Secured Debenture Holder will release the Company from its obligations under the Senior Debenture, and such obligations will remain obligations of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. The holders of the Company's Junior Debentures, which are convertible into 17,350,000 shares of common stock after giving effect to a one for forty reverse split, will convert their debentures into (i) 17,350,000 shares of common stock, and (ii) will be issued an additional 16,169,549 shares of common stock, and (iii) will be issued a warrants to purchase 21,000,000 shares of common stock at an exercise price of $0.10 per share (all amounts reflect issuances after giving effect to the above mentioned reverse stock split). Finally, the Company will transfer 100% of the outstanding capital stock of its two operating subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. to the Management Shareholders and the holders of the Company's Junior Convertible Debentures. The descriptions of the transactions herein are qualified by reference to the actual transaction documents, which have been filed as exhibits to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on or about October 30, 2007.
The Company has changed its name to Joytoto USA, Inc., and completed a one for forty reverse split of the Company's common stock, both to be effective on the opening of business on October 31, 2007. On the opening of business on October 31, 2007, the Company's common stock will commence trading under the new symbol "JYTO."
Immediately after the closing of the actions described above, Marc Ebersole and Christine Ebersole will resign as officers and directors of the Company. Immediately prior to their resignations, they will appoint Cho, Seong Yong as President, CEO and Director, Cho, Seong Sam as CFO, Vice President, Secretary and Director, Choi, Doo Ho, as COO and Director, Um, San Yong as Internal Auditor. Cho, Seong Yong and Cho, Seong Sam are brothers. The new officers and directors of the Company were designated by Joytoto Co., Ltd., which will be the new controlling shareholder of the Company as of October 31, 2007.
Safe Harbor Statement
This press release contains "forward-looking statements" by BioStem, Inc. These statements relate to future events or financial performance and transactions, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements, to be materially different from those contemplated by the forward-looking statements. There can be no assurance that the acquisition described herein will successfully close. We undertake no ongoing obligation, other than that imposed by law, to update these statements. Factors that could affect results, levels of activity, performance or achievements and cause them to materially differ from those contained in the forward-looking statements include factors that can be found in BioStem's filings with the Securities and Exchange Commission, which can be found at www.sec.gov.
BioStem Acquires Joyon Entertainment, Inc.
ATLANTA, GA--(Marketwire - October 30, 2007) - BioStem, Inc. (the "Company") (OTCBB: BTEM) announced that it has entered into a definitive agreement to acquire Joyon Entertainment, Inc., which is in the online games and electronics manufacturing businesses.
On October 12, 2007, the Company entered into a Stock Exchange Agreement with Joytoto Co., Ltd., a Korean company, and Joyon Entertainment Co., Ltd., a Korean company, to purchase 100% of the issued and outstanding capital stock of Joyon Entertainment, Inc., a Delaware corporation ("JEI"), in exchange for 115,000,000 shares of the Company's common stock, to be issued after giving effect to a one for forty reverse split of the Company's common stock, as well as the divestment of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc.
In order to complete the acquisition of JEI, the Company is required to secure a release of the Company from the holders of the Company's Senior Secured Convertible Debentures, as well as effect the conversion of the Company's Junior Convertible Secured Debentures. Accordingly, the Company entered into an Agreement to Purchase Subsidiaries and Cancel Shares with Marc Ebersole (the Company's CEO and Director), Christine Ebersole (a Director and employee), and Scott Schweber (a Director), as well as the holders of the Company's Senior Secured Convertible Debentures and the Company's Junior Convertible Debentures (the "Subsidiary Purchase Agreement"). According to the Subsidiary Purchase Agreement, Marc Ebersole, Christine Ebersole and Scott Schweber (the "Management Shareholders") will release the Company from any and all claims they may have against the Company and its lenders, and will tender to the Company a total of 130,000,000 shares of the Company's common stock for cancellation. The Company's Senior Secured Debenture Holder will release the Company from its obligations under the Senior Debenture, and such obligations will remain obligations of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. The holders of the Company's Junior Debentures, which are convertible into 17,350,000 shares of common stock after giving effect to a one for forty reverse split, will convert their debentures into (i) 17,350,000 shares of common stock, and (ii) will be issued an additional 16,169,549 shares of common stock, and (iii) will be issued a warrants to purchase 21,000,000 shares of common stock at an exercise price of $0.10 per share (all amounts reflect issuances after giving effect to the above mentioned reverse stock split). Finally, the Company will transfer 100% of the outstanding capital stock of its two operating subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. to the Management Shareholders and the holders of the Company's Junior Convertible Debentures. The descriptions of the transactions herein are qualified by reference to the actual transaction documents, which have been filed as exhibits to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on or about October 30, 2007.
The Company has changed its name to Joytoto USA, Inc., and completed a one for forty reverse split of the Company's common stock, both to be effective on the opening of business on October 31, 2007. On the opening of business on October 31, 2007, the Company's common stock will commence trading under the new symbol "JYTO."
Immediately after the closing of the actions described above, Marc Ebersole and Christine Ebersole will resign as officers and directors of the Company. Immediately prior to their resignations, they will appoint Cho, Seong Yong as President, CEO and Director, Cho, Seong Sam as CFO, Vice President, Secretary and Director, Choi, Doo Ho, as COO and Director, Um, San Yong as Internal Auditor. Cho, Seong Yong and Cho, Seong Sam are brothers. The new officers and directors of the Company were designated by Joytoto Co., Ltd., which will be the new controlling shareholder of the Company as of October 31, 2007.
Safe Harbor Statement
This press release contains "forward-looking statements" by BioStem, Inc. These statements relate to future events or financial performance and transactions, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements, to be materially different from those contemplated by the forward-looking statements. There can be no assurance that the acquisition described herein will successfully close. We undertake no ongoing obligation, other than that imposed by law, to update these statements. Factors that could affect results, levels of activity, performance or achievements and cause them to materially differ from those contained in the forward-looking statements include factors that can be found in BioStem's filings with the Securities and Exchange Commission, which can be found at www.sec.gov.
I'm long DMTN and cautiously optimistic about next week. That said, the way they have gone about trying to build up this buyout does create some concern that it is more hype than reality.
If you look at most buyouts that happen with listed stocks, the first you here of the buyout is that the deal is done. The shares usually then immediately move to somewhere close to the buyout price, trade in a very narrow range until the deal closes, and the stock disappears.
In this case we have hhad two PR's alluding to a buyout. Why do that other than to try and create some hype and stock trading activity? It is more effective IMO to just keep your mouth shut and announce the deal when it is done, and let the market take care of the rest.
As I said, I'm long and cautiously optimitistic, but also closely guarding my gains, and will take profits if it looks like the right thing to do. Good luck to all and hope everyone makes a nice profit.
John
Any timeline you've found beyond the attached?
Market is not closed Monday...Federal Holiday Only!
The PR said "in the coming week" which I interpret to mean next week. I'd expect someting mid-late next week. This would also seem to coincide well with their Investor open house.
JMO
John
Anybody follow CNOA? Looks like a potentially interesting play. Had news out after the closing bell on Friday.
John
Float Question. Pinksheets.com has 300M A/S, 173M O/S and 163M in the float as of 20 Aug 07, which is about 10X higher than the CEO claims. Anyone have any insight into the difference?
Tks,
John
10Q out this morning....made $0.07 for the Q.
GLTA,
John
See post #5897 for Fujitsu PR on their relationship with Seqiam.
GLTU
John
Air Force and NASA to Use Synthetic Diesel 'Synfuel'
By Clayton Bodie Cornell
Jun 22, 2007
Your vote:
20406080100No votes yet
Following in step with Boeing's prophecy for future aviation biofuels, the Department of Defense (DOD) has awarded a $1.1 million contract to Shell Oil to produce synfuel for the U.S. Air Force and one NASA facility. The contract, signed on June 6th, requires Shell to produce and ship 315,000 gallons of synfuel through August 1-31, 2007.
What, you might ask, is 'synfuel'? As noted previously, 'synfuel' is a synthetic fuel most commonly made from coal or natural gas. Ok, master of the obvious I know, but let me provide a little more detail: coal, natural gas, or in some cases, biomass, can be converted into a mixture of gases through a process known as gasification. Gasification is basically burning something (at >400 C) in the presence of a limited amount of oxygen to produce a specific mixture of gases, namely carbon monoxide (CO), carbon dioxide (CO2), and hydrogen (H2).
Ok, stay with me here, and don't forget about the carbon dioxide that's produced during gasification - that's important.
This gaseous mixture of CO, CO2, and H2 is the precursor to making synthetic liquid diesel fuel (synfuel), via another production method known as the 'Fischer Tropsch' process. The reaction uses a catalyst to convert carbon monoxide and hydrogen into hydrocarbon chains, which composes the basic structure of diesel fuel. This is a historically important process: German researchers Franz Fischer and Hans Tropsch developed the reaction in 1923, and it provided Nazi Germany with as much as 124,000 barrels of synthetic diesel per day during WWII (1).
To recap:
Coal =(gasification)=> CO + H2 + CO2
CO + H2 =(Fischer Tropsch)=> synthetic diesel + CO2
Now, keep that in mind as we jump back to the Air Force, which plans on testing synthetic diesel in a 50/50 blend with regular jet fuel:
"The acquisition of these 315,000 gallons of synthetic fuel this year is one more step toward meeting the Air Force goal of testing and certifying the entire fleet for use of the fuel by 2010. Additional acquisitions of synthetic fuel will be made for testing and certification over the next three years. The ultimate goal of the Air Force is to acquire 50 percent of its [Continental United States] fuel by 2016 from domestic sources producing a synthetic fuel-blend and using carbon capture and sequestration technology," said William C. Anderson, Assistant Secretary of the Air Force for Installations, Environment & Logistics."
Boeing's prediction seems right on the money: The short-term fuel replacement, at least for the Air Force, will be synthetic diesel. Whether or not that's a good idea is hazier. Synfuel actually burns a bit cleaner than regular fuel, because it doesn't contain the sulfur and aromatics contained in diesel. But there's one major problem, if you remember the chemical equation above. The standard conversion of coal to synthetic fuel nearly doubles life-cycle emissions of the fuel it replaces. If synthetic diesel from coal was widely implemented for air travel, it would double the greenhouse gas emissions for that form of travel.
Fortunately, according the the National Renewable Energy Laboratory (NREL), this problem could be mitigated or even overcome by the use of biomass as a feedstock, instead of coal. NREL states in one report that synfuel from biomass can be 'largely carbon neutral'. (3)
While a transition to synthetic aviation fuel seems inevitable, it must once again be highlighted that the sustainability of alternative fuels depends entirely on their source materials and production methods. Nevertheless, welcome to the future of aviation...
Southwest Nebraska News: Synfuel Contract Awarded by Defense Department (June 11, 2007)
(1) U.S. DOE: The Early Days of Coal Research
(2) U.S. DOE Energy Efficiency and Renewable Energy: Catalytic Conversion
(3) NREL: Improving the technical, environmental and social performance of wind energy systems using biomass-based energy storage
(4) Clean Diesel from Coal A novel catalytic method could let you fill up your tank with coal-derived diesel, cutting U.S. dependence on foreign oil.
SECAF certifies Fischer-Tropsch synthetic fuel blends for B-52H
EDWARDS AIR FORCE BASE, Calif. -- Secretary of the Air Force Michael Wynne fields questions from the media during a ceremony here Aug. 8, certifying Fischer-Tropsch synthetic fuel blends for use in the B-52H. (Photo by Jet Fabara)
by Senior Airman Jason Hernandez
95th Air Base Wing Public Affairs
8/8/2007 - EDWARDS AIR FORCE BASE, Calif. -- Air Force Secretary Michael Wynne announced the completion of the Air Force's certification of the Fischer-Tropsch fuel blend in the B-52H during a signing ceremony here today.
The signing ceremony certified that the blended FT and JP-8 fuel is safe for operational use in all B-52H aircraft and marked the formal conclusion of testing.
"The demonstration approach approved by Secretary Wynne in April 2006 identified five execution steps," said Maj. Gen. Curtis Bedke, Air Force Flight Test Center commander. "The final execution step began on Sept. 19, 2006. A B-52 was flown at Edwards with two engines running synthetic fuel and the remaining six engines on JP-8 fuel. On Dec. 19, 2006, the B-52 was flown with all eight engines on the FT blend."
The B-52H was chosen as the test platform because of key advantages such as its eight engines, he said. The fuel system can simultaneously isolate, carry and manage both a test fuel and the standard JP-8 fuel.
The Air Force plans to test and certify every airframe to fly on a domestically-produced synthetic fuel blend by early 2011.
"When I asked that this development be done, the people at Wright-Patterson (Air Force Base, Ohio) and the (Air Force) Flight Test Center were excited to push this technology on behalf of the Air Force and America," said Secretary Wynne.
Every time the price of fuel goes up $10, it costs $600 million for the Air Force, he said.
"It causes angst to know that we're faced with a commodity that some might use against us," Secretary Wynne said. "We want to provide our nation a look forward to something else and to essentially join with numerous researchers who are looking for alternatives whether it is ethanol, switch grass, biomass or Fischer-Tropsch and finding the solution. I think it is going to be a tremendous partnership across the board."
One of the things planners are looking forward to is a clean coal to liquid manufacturing process, he said.
"It may involve several manufacturing steps to essentially neutralize carbon usage and get us to what we want," Secretary Wynne said. "We want a synthetic blend that will not interrupt the flow of fuel in our aircraft and airfields and will be a viable substitute."
A 50-percent blend appears to be the right answer, he said.
There are universities across the country trying to determine why we stopped at 50 percent, Secretary Wynne said.
"So the question is how do you bring this all to fruition?" he said. "For many years into the future, it is going to be very difficult to get more than a 50/50 blend on a real basis and not in a laboratory."
Testers are very pleased with the FT fuel's performance thus far, he said. The fuel may also reduce maintenance needs.
The next aircraft to be certified for FT fuel is the C-17.
"This will be a bridge into the commercial arena," Secretary Wynne said. "We are being watched by many of our airline colleagues who are not only partnering with us, but researching our data. We have developed a rigorous process to qualify this fuel and any manufactured, processed synthetic fuel and blend."
The Air Force manual is being rewritten to highlight that there is a process to qualify alternative fuels within the Air Force, he said.
Recently, the Air Force ordered 281,000 gallons of synthetic fuel for further testing on the C-17 and B-1 engines in the coming year. NASA is also interested in synthetic fuels and will receive 9,000 gallons of synthetic fuel from the Air Force so they can begin evaluating its use in various engines and systems.
"This is the tip of the spear for national energy independence and cleaner energy," Secretary Wynne said. "It is doing well for the Air Force and the nation."
Don't forget about USDOT meeting tomorrow!
May spur a PR late tomorrow or Friday? If not, I'm sure it will be an emphasis item on CC Monday.
My short-term target is $2 assuming CC continues trend of very favorable PR's and audit firm is announced in next couple weeks. At that point, I may take some off the table (in at just under $0.20).
GLTA
John
People blaming SQUM for rollout are wrong!
Somebody please correct me if I'm wrong. With regards to the biometric door locks, please remind yourself that Kwikset vis Black & Decker LICENSED Sequiam's algoritms to incorporate in it's new line of locks. Any delays or other problems with regards to distribution are a B&D issue, not Sequiam's.
That said, a company the size of B&D/Kwikset is NOT having production issues. Much more likely, they are rolling out slowly to see how & where the locks sell best so that they don't end up with excess inventory. Gone are the days when stores pile up huge inventory. ERP management techniques have taken just in time supply to the retail level as well.
Folks need to focus on the technology when it comes to Sequiam, not the end product. Somebody awhile back made the comment about "Sequiam Inside" vice "Intel Inside". This is where money will be made for this company, not direct marketing.
Relax, enjoy the rollout and hope that the royalties from the Kwikset sales get the company by it's short-term capital issues, and provide the foundation for new biometric technology.
GLTA
John
I'd like to see how a Honda or Toyota engine stands up to a .50 caliber round or an RPG. Military requirements are based on performance and survivability on the battlefield, not on fuel economy, and that's the way it should be.
Likewise, the emphasis on CTL technology is based on security of the fuel supply, not on environmental efficiency in production. The question in my mind is what is the cost-benefit based on the reduced emissions when the CTL fuel is burned? Is there an overall net benefit as far as CO2 emissions given that the CTL fuel burns much cleaner the fossil based JP-8?
It will be very interesting to see how this plays out.
GLTA
Filing says within 5 calendar days. Given that would put it on Sunday, I'd expect Monday.
10Q delayed due to technical problems
Looks like PMED is having some IT problems!
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5188069&Type=ORIG
I also noticed they are pretty consistent about being late with their filings. Although "better late than never" this is something they need to get a handle on if they are going to move to the next "level" in their business space.
GLTA
John
I stand corrected. Regardless, it should be good news for Seqium.
I do find it curious that the company put out a PR saying they can't disclose their customer, yet they did disclose the name in a prior SEC filing, which is in the public domain...unless there is another company?
GLTA
John
Beg to Differ...The Fortune 500 is a U.S. Based Company List. Fujitsu is an Asian company. A cursory glance at the 2007 Fortune 100 reveals the following IT/Technolgy companies:
HP, Dell, Motorola and Cisco.
There may be a few more but those are the one that jumped out at me. Very good news any way you slice and probably very profitable given the stock's current price once the news gets out on who it is.
Good Luck to All.
John
Quite frankly I think your time would be a lot better off spent letting the company run their business. If they are legitimate, they will issues PR's, as they do almost everyday.
Funneling information through you to post on an IHUB board does not qualify as public disclosure. If the company is truly serious about doing this, then I'd have to agree with a previous poster that this is a huge RED FLAG.
I'm awful surprised they would issue their quarterly report less than a week after the quarter ended. It's very rare for even fully reporting companies on the major exchanges to issue quarterly reports that quickly.
I could see them coming out with preliminary numbers but will be surprised if they issue a full 10Q. Hopefully I'm wrong.
GLTA
John
News Out, and not what you think!
http://www.investorshub.com/boards/read_msg.asp?message_id=17392068
Here's Confirmation from Iconix on the sale:
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070222:MTFH71680_2...
I seen green ahead for PM trading.
The market has been open just over 2 hours, we've traded just over 40M shares and are still holding .005. There is a whole lot of support here and will translate into a lunching pad for higher prices IMO.
Anybody have issues with ETrade? I logged on my account tonight and noticed that ETrade added an "e" to the end of the ticker symbol and zeroed out the value of my shares. However, when I typed id PRVHE and asked for a quote, it brought up PRVH and had the correct price (.031).
I sent a note asking what was going on and have not gotten a response back yet. Just wondering if this happened to anyone else?
John
Market is open Friday until 1 PM EST.
John
I completely agree with you. The key is follow through post A.F.'s for this to move big. We'll see how good management really is.
John
According to pinksheets.com there were just over 11M shares oustanding as of 6/30/06. There was no information on the actual float.
Hope this helps!
John