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Augie. A Phonecall works better and tape the phonecall !!
They never answer your questiobs on email anymore.
call them and keep them talking
please do
this is on yahoo EASTUNDER
Press Release Source: NewMarket Technology, Inc.
NewMarket Technology, Inc. Ticker Symbol Changes to NMKT Accurately Reflecting Sustained SEC Compliance With Possible Favorable Share Price Impact
Tuesday October 7, 10:06 am ET
Company Schedules Webcast Tomorrow to Review Further Details
DALLAS, TX--(MARKET WIRE)--Oct 7, 2008 -- NewMarket Technology, Inc. (Other OTC:NMKT.PK - News) today announced the Company's recent ticker symbol change to 'NMKT.'
Previous Ticker Symbol - 'NMKTE'
ADVERTISEMENT
On August 28th, the Company filed SEC Form 8-K disclosing the details regarding a ticker symbol change to 'NMKTE.' Monday, October 6, the symbol was changed back to 'NMKT' accurately reflecting the Company's sustained SEC compliance.
Current Ticker Symbol - 'NMKT'
The Company expects to file another SEC Form 8-K disclosing the details regarding the symbol change to 'NMKT.'
Ticker Symbol Change with Possible Favorable Share Price Impact
Management believes that the conditions surrounding the ticker symbol change to NMKT could possibly be favorable. Management believes the overall changes surrounding the ticker symbol change will reduce "short" selling and may reflect more accurately the real buying and selling transactions, as opposed to transactions possibly distorted by "short" sales. The SEC Form 8-K expected to be filed will include further details.
CEO Webcast Wednesday October 8 - 12:30 EST
The Company has scheduled a Webcast at 12:30 tomorrow to provide further details surrounding the ticker symbol change and further actions the Company anticipates undertaking in follow up to the ticker symbol change. A link to the Webcast will be available on the Company's corporate Website Investor Relations page at www.newmarkettechnology.com/investor-relations.htm titled "NewMarket Technology Corporate Update" under "Current Events and Communications."
To View a Current NewMarket Stock Price or Execute a Trade
To view a current price or execute a trade using Internet software (i.e. Yahoo!, Google, E*TRADE, or Quotestream), the new ticker symbol 'NMKT' will have to be entered. Entering 'NMKTE' instead of 'NMKT' will deliver unpredictable results depending on the specific Internet software.
NewMarket to Remain Fully Compliant with SEC Reporting Regulations
NewMarket is a fully reporting company in accordance with the periodic financial reporting requirements of the United States Securities and Exchange Commission (SEC). The Company's filings are available free of charge at www.sec.gov. The Company is committed to ongoing full financial reporting both for the sake of transparency, but also in a continuing effort to graduate to a national exchange.
Corporate Information and E-mail Updates
To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@newmarkettechnology.com or call 214-722-3065.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.
NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include Latin America, China and Singapore.
NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.
The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.
NewMarket Technology, Inc. Ticker Symbol Changes to NMKT Accurately Reflecting Sustained SEC Compliance With Possible Favorable Share Price Impact
Tuesday October 7, 10:06 am ET
Company Schedules Webcast Tomorrow to Review Further Details
DALLAS, TX--(MARKET WIRE)--Oct 7, 2008 -- NewMarket Technology, Inc. (Other OTC:NMKT.PK - News) today announced the Company's recent ticker symbol change to 'NMKT.'
Previous Ticker Symbol - 'NMKTE'
ADVERTISEMENT
On August 28th, the Company filed SEC Form 8-K disclosing the details regarding a ticker symbol change to 'NMKTE.' Monday, October 6, the symbol was changed back to 'NMKT' accurately reflecting the Company's sustained SEC compliance.
Current Ticker Symbol - 'NMKT'
The Company expects to file another SEC Form 8-K disclosing the details regarding the symbol change to 'NMKT.'
Ticker Symbol Change with Possible Favorable Share Price Impact
Management believes that the conditions surrounding the ticker symbol change to NMKT could possibly be favorable. Management believes the overall changes surrounding the ticker symbol change will reduce "short" selling and may reflect more accurately the real buying and selling transactions, as opposed to transactions possibly distorted by "short" sales. The SEC Form 8-K expected to be filed will include further details.
CEO Webcast Wednesday October 8 - 12:30 EST
The Company has scheduled a Webcast at 12:30 tomorrow to provide further details surrounding the ticker symbol change and further actions the Company anticipates undertaking in follow up to the ticker symbol change. A link to the Webcast will be available on the Company's corporate Website Investor Relations page at www.newmarkettechnology.com/investor-relations.htm titled "NewMarket Technology Corporate Update" under "Current Events and Communications."
To View a Current NewMarket Stock Price or Execute a Trade
To view a current price or execute a trade using Internet software (i.e. Yahoo!, Google, E*TRADE, or Quotestream), the new ticker symbol 'NMKT' will have to be entered. Entering 'NMKTE' instead of 'NMKT' will deliver unpredictable results depending on the specific Internet software.
NewMarket to Remain Fully Compliant with SEC Reporting Regulations
NewMarket is a fully reporting company in accordance with the periodic financial reporting requirements of the United States Securities and Exchange Commission (SEC). The Company's filings are available free of charge at www.sec.gov. The Company is committed to ongoing full financial reporting both for the sake of transparency, but also in a continuing effort to graduate to a national exchange.
Corporate Information and E-mail Updates
To be added to NewMarket Technology's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@newmarkettechnology.com or call 214-722-3065.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.
NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include Latin America, China and Singapore.
NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.
The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.
did you see the latest PR !!!???
Verges writes today he expects a possible shareprice rise now?????
IS this guy completely crazy !!?
Jesus, I really dont want to be in his shoes right now, this guy is gonna pay big time .
i'm afraid for him
NMKTE.PK as of Today. Nice play Verges
Like I said. Verges filed too late on purpose. He wanted this to happen.
nice volume but no gain..
so useless
exactly.
First things first.
Let Phil try to avoid the pinksheet and file on time in the future.
Clay is sometimes too harsh on Phil, but Clay's points got merits. Phil made a mess of the filings, dividends and upgraded exchange. Those things would or could have killed the naked shorting positions in NMKT. But sometimes I really think that Verges benefits from these guys too for keeping the SP low.
I really do believe in my statement of naked shorting and FTD's.
But I'm still trying to figure out what Phils role is in this.
For instance I WROTE to NMKT and on this messageboard why NMKT didnt know that they were on the verge of 3 strikes out (late filings). Didnt they get a pre warning after the first two times ?
NOW this is one of the biggest DEFENSE points of Phil against the FINRA appeal. He claims that FINRA was delinquent??
Strange......... I wrote this to NMKT and here on this messageboard. Furthermore, its not very strong to blaim FInra on being too late and delinquent while the problem is your OWN late filings.
It doesnt sound that great imo.
Therefore Phil NOW claims there are only two delinquent filings instead of 3. Well well. so that comes to legal stuff about things you can arque over for months imo.
But again PHIL ; your late !! as USUAL.
Like Clay says ;NEVER does Phil take the blame. HE should acknowledge the error!! I keep wondering WHY you file a few hours late (technically). COME ON.. thats allmost on PURPOSE.
NO WAY A filing of a quarter comes in an hour late than the deadline. "OH Here it is, sorry an hour late."
It must have been ready on time,but they filed it too late imo. and thats what scares the creap out of me,that they did it on purpose.
I wouldnt be surprised that Phil wants this to go to the PINKS for one or another reason.
I would be surprised if NMKT stays otcbb or even better.
Clay you can short a penny stock !!
Naked shorting is being done from the continent. Its like Phil said. THey are shorting it as long as they can. They hope eventually the company will fail and they never have to deliver.
The system ( also the SEC) helps these naked shorters cause their positions never get exposed or opened. So all they have to do is make some good agreements amongst each other ( naked shorters) and they easily kill the sp.
I'm not saying this is the ONLY item why SP is this LOW
Like I told you before.. Is Phil in this?
And if NMKT would deliver on time, than the shorties would be gone by now. or not feel comfortable.
But to say there is no shortposition here or that this penny cannot be shorted is not true unfortunately
What I do not understand is WHY NMKT does not deliver dividend stocks or go to an upgraded listing
one of these would tackle the naked shorting !!
So dont speak of it Phil. DO it
Clay and others
I've listened to the call.
I really think Phil addresses good points/issues.
But I think he's a utopist (we would say).
I also agree about the naked short positions and his explanation.
I also think that if you are at 9 or 10cts you shouldnt speak to highly about the future.
Firstly begin with file on time.
What I found a bit weak is his complaint against the FINRA.
that they should have informed NMKT they could have a 3 strike out if they were too late again. So that FINRA was delinquent here.
Maybe Phil is right about this one, but they shouldnt have to rely on that. He should think for himself and FILE on TIME
Buyback plans and sponsors and upgraded exchange.
wait and see.
Its all about connections.
We have to be logic also.. the SP is WAY WAY undervalued.
Its their fault , and they indirectly feed the shorts, but if you take the naked results and revenues. NMKT IS WAY UNDERVALUED (for what its worth)
I know, but why wait for days to appeal ??? APPEAL the same day when you find out the E
just an observation, but did they appealed on time ??
I mean , if you have to appeal on or before 27th aug, why wait so long .
IS this a game Verges is playing???
I mean file the appeal the same day!!
Clay
again I second your posting. BUT I dont see how REPLACING Phil would do the trick, cause Phil is the initiator of NMKT. Without him no-one would care I quess.
What of more interest is to me is HOW on EARTH NMKT isnt aware of this rule and SHOULDN'T NMKT have been warned the last time they were late. " to let them know that a third time they would have a more serious problem".
The timing of this sudden punishment sounds a bit strange to me.
There is the Everex deal (at least signed intend). Some other developments finally kick in, and just when Phil addresses publically the incorrect way things work concerning protection against Naked shorts and FTD's. then suddenly there is a problem due to a 12 hour late filing? (which is the ...st in consession)
I dont know..
it sounds a bit strange /odd/ conveniant/ to me .
The only thing I have is the thing I have with the Naked shorts problem concerning NMKT. Is NMKT in it itself ( do they want to go to another obscure listing and therefore on purpose filed 12 hours late) or did Phil made to many pointing outs to whats really happening out there and is getting punished now to silence him?
THis is what frustrating me. Cause due to an stupid error of filings I now face the fact as an european investor to get into serious problems concerning trade-ability.
I know investing is a risk, but it should be about succeeding or not succeeding a business or lead product, not an error in filing or a vendetta game between people.
I honestly think that this isnt legal. People (investors abroad) are forced out of their shares due to tradebility cause the company made a mistake. Where is the protection?
And if the Finra has some beef with NMKT then they should think before they act, cause there are investors involved.
But I honestly think they dont care. cause all hedgies and naked shorts institutions have liasons with these intstitutions to protect THEM.
But who's protecting us???
Dear Clay. I can allmost fully relate to what you are posting.
But I sometimes get the feeling that you and others dont seem to realize that in a way Philip Verges isn't far off about the problems in the stock market in general.
There ARE way to many FTD's ( failure to deliveries) and NAKED SHORTING is effecting the whole market and espescially the smaller companies on smaller boards/listings.
Everyone wants us to believe that there is no substantial naked shorting. Well.. quess again. Its killing the economy and stockmarket , just like your house and credit crisis. (its all a part of it). the SEC PROTECTS these naked shorters who are a part of yours and our financial economy. They keep the system alive as long as it lasts and blows up in our face. AGAIN the SEC protects them. THEY SHOULD be protecting us investors.. ( ahum).
A few weeks ago suddenly the sec admitted the problem for some sectors , cause they now see that this agreement construction with these naked shorters institutions in Canada, Germany and Spain for instance are becomming dangerously close to blow up in their face.
So, believe what you want to believe, but Verges isnt lying or assuming out of nowhere. He HAS a point.
MY point and interest is in if VERGES deals with these guys too. Cause I honestly think he could do better things to attack these obstructions he allways mentions. SO MERGE with a nasdaq traded company, move to a foreign exchange. issue dividends !!
Then the naked shorters will get problems to maintain their grip.
So, is he in it?
The bashing and scamming postings I dont bother to read anymore. They dont hold any grounds.
ITs a legit company and they make 120 m $ revenue ( give or take) this year and their market cap is 25 mil at most.?????
THATS the thing that doesnt make sense.
The results are ok this Q2.
And again for a 24 -25m$ market cap company their great.
So somewhere something is being done with the SP. its not natural. its fixed by some institutions like Knight Industries
You could remove Phil but then NMKT is finished cause Phil is NMKT. its his dream. and it wont take the NS away.
What I do agree too, is he should do more for the SP and he shouldnt make over estimations in the 1st place.
THAT only gives more bait/food to these NS bastards.
This is stock that will eventually moves in big leaps up, if NMKT eventually grows bigger and bigger
Clay, Nite ( Knight industries) decides sp as naked short and ftd providers.
what I think in the short term (day/s)
It can go to 17-17.5 in my opinion , above 20 its gonna fly
for now I think 17-17.5 is maximum before pull back.
It has to remain above 13 to have a real big move ahead in the not to distant future
but he probably will remain in charge Clay.
So why not accept this and stay or go?
I dont mean any disrespect.
I've had NMKT myself and I left because despite all the good news it tanked. There are a zillion reasons why it has been dropping (SP)
IMO shortselling (NITE as a provider in level 2) is a serious issue and the constant diluting.
furthermore I think Verges has no intention of getting to an upgraded listing ( its easier to do business the way he's conducting it on an OTCBB)
I 'm not doubting its a legit company but not one that is trying to increase shareholdervalue.
The shorters (naked) know this.. they have inside all the way and therefore they can easily do what they are doing.
Thats why I left.
p.s. imo 10 cts is a steal, but I thought the same at 20cts
with all due respect
But NMCH IS NMKT
If NMKT is a scam or a bad runned company..NMCH is exactly the same. Cause then they are all in this together.
NMCH filed their 10-K
good numbers there
again a Late filing. I knew it. incredible moron this Verges character
just pray they file in time and not release an after closing bell press release they wont make the filing on time
I have a funny ..but very bad feeling
GTC Biotherapeutics and Tufts pair up on new 'pharming' initiative
Monday, 17 March 2008
Big pharmaceutical companies looking to cut back on the exorbitant costs of discovering, developing, and manufacturing effective drugs might do well to seek a solution in an old-phasioned place - the phamily pharm.
Both GTC Biotherapeutics in Framingham and the Tufts University Cummings School of Veterinary Medicine in Grafton are helping to pioneer the practice of "pharming," a combination of old-school animal husbandry and agriculture and cutting edge biotech and pharmaceutical production.
Super Secret Locale
Pharming uses genetically modified, or "transgenic," livestock animals such as goats, pigs, and cows to produce effective human proteins in their blood or milk, explained Dr. George Saperstein, chairman of the department of environmental and population health and director of contract research at the Cummings school.
GTC uses genetically modified goats to produce a highly specialized anti-clotting human protein in their milk. The goats are raised, and their precious milk harvested, at a specialized phacility (OK, I'll stop now) in the vicinity of Charlton. The exact location is kept secret so the company can avoid curious passersby, according to Tom Newberry, vice president of corporate communications for GTC.
"The farm we have operating is designed from the ground up for drugs," Newberry said. "The quality of the land, the water from the wells, everything is qualified for drug production. While we call it a farm, really at all levels of concept, it's a drug production facility. This isn't just Old MacDonald's farm retrofitted."
GTC currently employs 167 at both its Charlton farm and Framingham headquarters.
In many ways, Newberry said, GTC's facility is similar to the massive Bristol-Myers Squibb bio-manufacturing plant in Devens currently under construction.
Both produce a human protein using another animal's cells. Bristol-Myers uses Chinese hamster cells, while GTC uses goats mammary gland cells. Both can produce massive quantities of the desired protein in a relatively short period of time.
But there's a crucial difference between Bristol-Myers' traditional bio-reactor production method and GTC's goat-assisted delivery of protein.
The Price Is Right
The BMS facility is projected to cost upward of $800 million when completed. GTC's fully functioning farm cost about $30 million to bring online, Newberry said.
It's a cost savings that can't be ignored for too much longer, according to Newberry.
The types of anti-clotting proteins that GTC produces are currently produced for commercial use in very small quantities in the traditional way. There currently exists a billion-dollar market for the agents, and worldwide production is roughly about one kilogram per year, Newberry said.
"That's how this technology becomes vitally important," Newberry said. "If we can liberate the supply to develop these treatments as true therapeutics, and we're able to get very large quantities in a cost-effective way, we'd be dramatically lowering a huge cost of the health care system."
It seems to hold a tremendous amount of promise, but "pharming," like most biotech work, is not without its ethical, scientific and health concerns, warned Saperstein.
For example, animals carry a wide range of viruses that are harmless for them, but harmful to humans. One need look only as far as the recent bird flu outbreaks and the global rise of the mutated ape AIDS virus as proof that friendly farm animals can carry some nasty critters in them.
Additionally, Saperstein warned, herds of transgenic animals must be kept under rigorous scrutiny to avoid outside contamination from normal livestock and other wildlife. In other words, Saperstein said, a "pharm" must be "bio-secure" on an almost Fort Knox level.
Keeping the pharm bio-secure and ensuring for the humane treatment of the animals is the job of the veterinarian, Saperstein said. The vet must also be familiar with all aspects of a given animal's physiology and history, to know if ancient viruses carried within it may be potentially harmful to humans.
Saperstein said Tufts is not quite yet churning out scientist/vet/farmers but it won't be long, he predicted.
"Once the first product is approved by the FDA in this country, that would be the watershed event needed to get companies interested in this process, "Saperstein said. "It's certainly something we need to keep the costs of production down."
GTC's ATryn anti-clotting therapeutic is well underway with clinical trials in Europe, Newberry said, and is aggressively trying to prove its safety to the FDA.
Stay tuned.
with all respect croumagnon
it has no purpose to go into discussion with some people.
They absolutely dont wanna consider something that they themselves dont want to believe (or maybe even DEW has something to gain from it).
This share is being manipulated for over many months now.
Start looking into LFB as the largest shareholder and the exact deal between LEO and GTCB ( I dont see much income in Europe for GTCB here).
Furthermore...some bigger players helps the sp downwards now and then, just for fun imo. (control)
but..people dont wanna hear it.. either they have something to gain from it or they simply dont wanna admit that this wont run up for years imo and they bet/invested wrong.
(I do believe below 1 dollar is a very low sp..and maybe way too undervalued, but it doesnt matter what I think ..it is here..and its not about to change)
allthough I expect a run up of some 20-30% the next 2-3 months)-> just a feeling)
same to you Oky.. and offcourse to all other boardmembers
Why does GTCB dont issue a PR on Atryn launch in UK?
Is it that LEO controls everything there and GTC dont get a penny from Atryn launch in Europe?
I mean. What does GTCB get out of Atryn launch in Europe?
I dont wanna be a critic all the time.. but What is everyone missing here?
0.90 intraday yesterday..and if the markets should fall the next months..what will be GTCB's next stop then???
but to sell at 20 cts is another thing !!?
They still make around 90 million revenues this year and a profit around 4 or 5 million
with a marketcap of 44-45 million dollars??!!
I still dont understand the low valuation.. allthough i understand the frustration
we are hearing this for years now.
I'm not saying there is NO value. But could they please start UNLOCKING
nope..never said that..
and you know it
I was talking about people holding this one back from a decent run up
They still do
funny
Still they do their jobs well ( the last days to hold it from breaking out)
Oh I forgot..there is no manipulation here
you are a strange guy DEW
imo this is better news then I anticipated.
Its allmost you dont like to see the sp UP
but THEY probably will bring it down..dont worry
Imo nice news
well, not good news unfortunately
not approvable letter for IDMI
not good news
ok thx question left
but ART 123 results there doesnt mean zip for DIC study results for GTCB?
I dont understand the full importance of the ART studies
Does this indicate a problem for DIC studies GTCB or an opportunity?
like I said ART is from Artisan..
how must I see the correlation for GTCB;s DIC studies?
is ART 123 results a blow for GTCB's DIC studies or not?
Humour me, I cant quite figure it out
ART 123 is from Artisan as far as I know, could anyone be so kind to inform me how we have to see GTCB DIC studies in this retrospect?
Is this good or bad for GTCB?
GTC Biotherapeutics Reports Second Quarter 2007 Financial Results
http://biz.yahoo.com/bw/070809/20070809005327.html?.v=1
personally i was a bit surprised bout the high cashburn and the need of money . they can last into 2008 (half). that isnt much.
revenues were slightly better then expected, but nothing out of the ordinary.
What I miss is a way to profitability.
I really dont know if the market will like this numbers (espescially the need of cash like Pharming will make the pressure on sp sustain imo)
good luck
dropping under a dollar
nope Shears
your explanation isnt boring. It could be partly whats happening.
But somewhere adding everything up, watching sp move intraday, it is clear to me that there is a group holding their control.
so CT or not, I still feel tis theory is the most complete how unlikely and idiot it may sound. Believe me, I never thought people were capable of this too. but they are apparantly and they are proud of it too.
if it has no attention from Wall street why do people SELL 200.000-300.000 shares everyday at these levels?
It doesnt make sense
with this news and a positive market in general today..it would be normal to see sp rise 5 cts or more on same volume..
there wouldnt be much sellers if it was unnoticed.