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Ambient Corporation Reinvents How Utilities View and Control Data
New enhancements to network management software provide better grid visibility and efficient operations
http://finance.yahoo.com/news/ambient-corporation-reinvents-utilities-view-123000252.html
Ambient Corporation Reinvents How Utilities View and Control Data
New enhancements to network management software provide better grid visibility and efficient operations
http://finance.yahoo.com/news/ambient-corporation-reinvents-utilities-view-123000252.html
Ambient: 100,000 Smart Grid Nodes, One Customer
http://www.greentechmedia.com/articles/read/ambient-100000-smart-grid-nodes-one-customer/
Shots fired at Emblaze founder Reifman's car
http://www.ynetnews.com/articles/0,7340,L-3779302,00.html
Personal Claim against Adv. Doron Afik
Due to the Trustee's refusal to transfer the escrow funds relating to the two remaining Consortium Agreements to the Company, the Company believes the Trustee breached his duties as Trustee and caused damage to the Company. Therefore, on June 9, 2011, the Company filed a statement of claim for damages of NIS 1,000,000 against the Trustee, along with an ex-parte motion for a lien on all of the Trustee's bank accounts.
On June 16, 2011, the court rendered its decision granting the lien subject to the Company depositing certain securities. The Trustee then filed a motion to cancel the lien and the court decided to transfer the proceedings to the District Court, but that the lien would remain in effect until a decision by the District Court. The District Court for Tel Aviv-Yaffo ordered the removal of the lien, and later on at the parties' mutual request, the court ordered to transfer these proceedings to arbitration.
On November 10, 2011 the Company submitted its statement of claim against Adv. Afik to the Arbitrator, in the same form as previously submitted to the court.
On January 15, 2012, Adv. Afik submitted his Statement of Defense to the claim against him, denying all of the Company's claims against him. Also on January 15, 2012, Adv. Afik submitted a counterclaim against Optibase, or the Afik Counter-Claim. In the Afik Counter Claim Adv. Afik demands to receive an aggregate sum of NIS 2,474,693.18 from the Company. Adv. Afik's claim is based on three main claims: (i) The Company's response to an article published in the website www.sponsor.co.il constitutes libel against Adv. Afik for which he is owed damages of NIS 500,000; (ii) By obtaining liens on Adv. Afik's assets, the Company caused Adv. Afik damages of NIS 1,465,494.46; and (iii) That a publication about the liens obtained on Adv. Afik's assets also constitutes libel against Adv. Afik for which he is owed NIS 509,198.72.
The Statement of Defense on behalf of the Company was submitted on March 4, 2012.
Evidentiary hearings on the Vitec Arbitration are scheduled for July 8-10, 2012.
We believe that the Company has strong legal and factual arguments to defend itself from the claims in the Afik Counter Claim.
http://sec.edgar-online.com/optibase-ltd/20-f-annual-and-transition-report-foreign-private-issuer/2012/04/30/section14.aspx
(BFW) Russell 3000 Preliminary Additions, Deletions
+------------------------------------------------------------------------------+
Russell 3000 Preliminary Additions, Deletions
2012-06-08 23:14:23.784 GMT
By Brad Skillman
June 8 (Bloomberg) -- Russell Investments released a list
of the preliminary additions, deletions to Russell 3000. The
list does not indicate what specific index (1000, 2000) they
will join. The companies being added include Facebook. According
to schedule, final reconstitution for Russell 1000, 2000 and
3000 occurs June 22. Following list is taken from the Russell
Investments website
The following companies are being added to the Russell
3000, based on the preliminary list:
* ACADIA HEALTHCARE CO (ACHC)
* ACCESS NATL CORP (ANCX)
* ACORN ENERGY INC (ACFN)
* ADA ES INC (ADES)
* ADAMS RESOURCES & ENERGY (AE)
* AGENUS INC (AGEN)
* ALLISON TRANSMISSION (ALSN)
* AMBIENT CORP (AMBT)
* AMERICAN DG ENERGY INC (ADGE)
* AMERICAN NATL BANKSHARES (AMNB)
* AMERICAN RLTY CAP TR INC (ARCT)
* ANIKA THERAPEUTICS INC (ANIK)
* ANNIES INC (BNNY)
* API TECHNOLOGIES CORP (ATNY)
* ARABIAN AMERN DEV CO (ARSD)
* ARES COML REAL ESTATE (ACRE)
* ASSET ACCEPTANCE CAPITAL (AACC)
* ASTA FDG INC (ASFI)
* AUDIENCE INC (ADNC)
* AUTHENTEC INC (AUTH)
* AWARE INC (AWRE)
* BAR HBR BANKSHARES (BHB)
* BASSETT FURNITURE INDS (BSET)
* BEASLEY BROADCAST GROUP (BBGI)
* BERKSHIRE BANCORP INC (BERK)
* BIODELIVERY SCIENCES (BDSI)
* BLUEGREEN CORP (BXG)
* BLUELINX HOLDINGS INC (BXC)
* BOLT TECHNOLOGY CORP (BOLT)
* BSB BANCORP INC MD (BLMT)
* C & F FINANCIAL CORP (CFFI)
* CAFEPRESS INC (PRSS)
* CALAMP CORP (CAMP)
* CARMIKE CINEMAS INC (CKEC)
* CARRIAGE SERVICES INC (CSV)
* CECO ENVIRONMENTAL CORP (CECE)
* CITIZENS REPUBLIC BANC (CRBC)
* COLLECTORS UNIVERSE INC (CLCT)
* COMVERSE TECHNOLOGY INC (CMVT)
* CORONADO BIOSCIENCES INC (CNDO)
* CPI AEROSTRUCTURES INC (CVU)
* CREDO PETROLEUM CORP (CRED)
* CRESCENT FINL BANCSHARES (CRFN)
* CULP INC (CFI)
* CUMBERLAND PHARM (CPIX)
* DAILY JOURNAL CORP (DJCO)
* DATALINK CORP (DTLK)
* DELTA NATURAL GAS INC (DGAS)
* DEMANDWARE INC (DWRE)
* DERMA SCIENCES INC (DSCI)
* DISCOVERY LABORATORIES (DSCO)
* EASTERN CO (EML)
* EASTERN INSURANCE HLDGS (EIHI)
* EASYLINK SERVICES INTL (ESIC)
* EDGEN GROUP INC (EDG)
* ENPHASE ENERGY INC (ENPH)
* ENTEROMEDICS INC (ETRM)
* ENVIVIO INC (ENVI)
* EVERBANK FINL CORP (EVER)
* EXACTTARGET INC (ET)
* F N B UNITED CORP (FNBN)
* FACEBOOK INC (FB)
* FARMERS NATL BANC CORP (FMNB)
* FIDELITY SOUTHERN CORP (LION)
* FIRST BANCORP PR (FBP)
* FIRST CALIFORNIA FINL GR (FCAL)
* FIRST FED BANCSHARES ARK (FFBH)
* FIRST FINL NORTHWEST (FFNW)
* FIRSTHAND TECH VALUE (SVVC)
* FLEXSTEEL INDUSTRIES INC (FLXS)
* FORBES ENERGY SVCS LTD (FES)
* FORUM ENERGY TECH (FET)
* FRISCHS RESTAURANTS INC (FRS)
* GASLOG LTD (GLOG)
* GOLD RESV INC (GRZ)
* GRAMERCY CAPITAL CORP (GKK)
* GREEN BANKSHARES INC (GRNB)
* GSV CAPITAL CORP (GSVC)
* GUARANTY BANCORP (GBNK)
* GYRODYNE CO AMER INC (GYRO)
* HALCON RESOURCES CORP (HK)
* HARDINGE INC (HDNG)
* HAWAIIAN TELCOM HOLDCO (HCOM)
* HERITAGE FINANCIAL GROUP (HBOS)
* HERITAGE OAKS BANCORP (HEOP)
* HINGHAM INSTN SVGS MASS (HIFS)
* HOME BANCORP INC (HBCP)
* HOMEOWNERS CHOICE INC (HCII)
* HOOKER FURNITURE CORP (HOFT)
* HORIZON BANCORP IND (HBNC)
* HORIZON TECH FIN CORP (HRZN)
* IGNITE RESTAURANT GROUP (IRG)
* IMMUNOCELLULAR THERAPEUT (IMUC)
* INFOBLOX INC (BLOX)
* INNODATA INC (INOD)
* INTEGRAMED AMER INC (INMD)
* INVENTURE FOODS INC (SNAK)
* INVESTORS TITLE CO (ITIC)
* IPASS INC (IPAS)
* KAISER FEDERAL FIN GRP (KFFG)
* KEY TRONICS CORP (KTCC)
* MA COM TECHNOLOGY SOL (MTSI)
* MAGICJACK VOCALTEC LTD (CALL)
* MARKET LEADER INC (LEDR)
* MATTERSIGHT CORP (MATR)
* MATTSON TECHNOLOGY INC (MTSN)
* MEDIWARE INFORMATION SYS (MEDW)
* MERCANTILE BANK CORP (MBWM)
* MERRIMACK PHARMACEUTICAL (MACK)
* MESA LABS INC (MLAB)
* METROCORP BANCSHARES INC (MCBI)
* MICROFINANCIAL INC (MFI)
* MIDDLEBURG FINANCIAL (MBRG)
* MIDSTATES PETE CO INC (MPO)
* MIDWESTONE FINL GROUP (MOFG)
* MILLENNIAL MEDIA INC (MM)
* MRC GLOBAL INC (MRC)
* MTR GAMING GROUP INC (MNTG)
* NASB FINANCIAL INC (NASB)
* NATHANS FAMOUS INC NEW (NATH)
* NATIONSTAR MTG HLDGS INC (NSM)
* NEONODE INC (NEON)
* NEW YORK MTG TR INC (NYMT)
* NORTEK INC (NTK)
* NORTHRIM BANCORP INC (NRIM)
* OMEROS CORP (OMER)
* ORCHIDS PAPER PRODS COMP (TIS)
* PACIFIC MERCANTILE BANCO (PMBC)
* PARKERVISION INC (PRKR)
* PATRICK INDS INC (PATK)
* PC-TEL INC (PCTI)
* PDI INC (PDII)
* PEAPACK-GLADSTONE FINL (PGC)
* PEOPLES FED BANCSHARES (PEOP)
* PERFUMANIA HOLDINGS INC (PERF)
* PERVASIVE SOFTWARE INC (PVSW)
* PGT INC (PGTI)
* PHOTOMEDEX INC (PHMD)
* PREFERRED BANK (PFBC)
* PREMIER EXIBITIONS INC (PRXI)
* PRIMUS TELECOMMUNICATION (PTGI)
* PROOFPOINT INC (PFPT)
* PROVIDENT FINL HLDGS INC (PROV)
* QUICKLOGIC CORP (QUIK)
* RAND LOGISTICS INC (RLOG)
* READING INTERNATIONAL (RDI)
* REGIONAL MGMT CORP (RM)
* REPLIGEN CORP (RGEN)
* REPROS THERAPEUTICS INC (RPRX)
* RESOLUTE FOREST PRODUCTS (RFP)
* RESOURCE AMERICA INC (REXI)
* RETAIL PPTYS AMER INC (RPAI)
* REXNORD CORP NEW (RXN)
* ROCHESTER MEDICAL CORP (ROCM)
* SALEM COMMUNICATIONS (SALM)
* SANFILIPPO JOHN B & SON (JBSS)
* SAPIENS INTL CORP N V (SPNS)
* SARATOGA RES INC TEX (SARA)
* SELECT INCOME REIT (SIR)
* SI FINANCIAL GROUP (SIFI)
* SIFCO INDS INC (SIF)
* SPARK NETWORKS INC (LOV)
* SPLUNK INC (SPLK)
* SUPERNUS PHARMACEUTICALS (SUPN)
* SYNACOR INC (SYNC)
* SYNAGEVA BIOPHARMA CORP (GEVA)
* SYNERGY PHARMACEUTICALS (SGYP)
* SYNERGY RES CORP (SYRG)
* SYPRIS SOLUTIONS INC (SYPR)
* TAHOE RES INC (TAHO)
* TCP CAP CORP (TCPC)
* TELULAR CORP (WRLS)
* TESSCO TECHNOLOGIES INC (TESS)
* TGC INDUSTRIES INC (TGE)
* THOMAS PROPERTIES GROUP (TPGI)
* THRESHOLD PHARMACEUTICAL (THLD)
* TILLYS INC (TLYS)
* TREE.COM INC (TREE)
* TUMI HLDGS INC (TUMI)
* UFP TECHNOLOGIES INC (UFPT)
* UNITED STATES ANTIMONY (UAMY)
* UTAH MED PRODS INC (UTMD)
* VANTIV INC (VNTV)
* VENTRUS BIOSCIENCES INC (VTUS)
* VITACOST COM INC (VITC)
* VOCERA COMMUNICATIONS (VCRA)
* WAGEWORKS INC (WAGE)
* WATERSTONE FINANCIAL INC (WSBF)
* WESTERN ASSET MTG CAP (WMC)
* WESTWAY GROUP INC (WWAY)
* WILLIS LEASE FINANCE (WLFC)
* WISDOMTREE INVTS INC (WETF)
* XOMA CORPORATION (XOMA)
* XPO LOGISTICS INC (XPO)
* YELP INC (YELP)
* ZAZA ENERGY CORP (ZAZA)
The following companies are being deleted from the Russell
3000, based on the preliminary list:
* A H BELO CORP (AHC)
* ACTIVE POWER INC (ACPW)
* ALASKA COMMUNICATIONS (ALSK)
* ALBANY MOLECULAR RESRCH (AMRI)
* ALIMERA SCIENCES INC (ALIM)
* ALLIANCE HEALTHCARE SVCS (AIQ)
* AMBASSADORS GROUP INC (EPAX)
* AMTECH SYSTEMS INC (ASYS)
* ANTHERA PHARMACEUTICALS (ANTH)
* AUTOLIV INC (ALV)
* AVI BIOPHARMA INC (AVII)
* BACTERIN INTL HLDGS INC (BONE)
* BALTIC TRADING LIMITED (BALT)
* BIOLASE INC (BIOL)
* BIOMIMETIC THERAPEUTICS (BMTI)
* BIOSANTE PHARMACEUTICALS (BPAX)
* BROADWIND ENERGY INC (BWEN)
* BUILD A BEAR WORKSHOP (BBW)
* CAMAC ENERGY INC (CAK)
* CAMBIUM LEARNING GRP INC (ABCD)
* CARDIONET INC (BEAT)
* CELL THERAPEUTICS INC (CTIC)
* CHELSEA THERAPEUTICS INT (CHTP)
* CHRISTOPHER & BANKS CORP (CBK)
* CLEVELAND BIOLABS INC (CBLI)
* COLDWATER CREEK INC (CWTR)
* COLUMBIA LABORATORIES (CBRX)
* COMMUNICATIONS SYSTEMS (JCS)
* COMPASS DIVERSIFIED HLDG (CODI)
* COMPLETE GENOMICS INC (GNOM)
* CORE LABORATORIES N V (CLB)
* COVENANT TRANS GRP INC (CVTI)
* DELCATH SYS INC (DCTH)
* DHT HOLDINGS INC (DHT)
* DIALOGIC INC (DLGC)
* DOT HILL SYS CORP (HILL)
* DUCOMMUN INC (DCO)
* DURECT CORP (DRRX)
* DYNAMICS RESEARCH CORP (DRCO)
* DYNAVOX INC (DVOX)
* DYNEGY INC (DYN)
* EAGLE BULK SHIPPING INC (EGLE)
* EMAGIN CORP (EMAN)
* EMCORE CORP (EMKR)
* ENZO BIOCHEM INC (ENZ)
* ESSEX RENT CORP (ESSX)
* EXCEL MARITIME CARRIERS (EXM)
* FLAGSTAR BANCORP INC (FBC)
* FRIENDFINDER NETWORKS (FFN)
* FUEL TECH INC (FTEK)
* FURNITURE BRANDS INTL (FBN)
* GEOKINETICS INC (GOK)
* GLEACHER & COMPANY INC (GLCH)
* GLOBALSTAR INC (GSAT)
* GMX RESOURCES INC (GMXR)
* GRAY TELEVISION INC (GTN)
* HAMPTON ROADS BANKSHARES (HMPR)
* HOUSTON AMERICAN ENERGY (HUSA)
* HYPERDYNAMICS CORP (HDY)
* IDENTIVE GROUP INC (INVE)
* IMPERIAL HOLDINGS INC (IFT)
* IMPERIAL SUGAR CO (IPSU)
* INSMED INC (INSM)
* JAGUAR MNG INC (JAG)
* JAMES RIVER COAL CO (JRCC)
* K V PHARMACEUTICAL CO (KV.A)
* KULICKE & SOFFA INDS (KLIC)
* L & L ENERGY INC (LLEN)
* LAWSON PRODUCTS INC (LAWS)
* MEDICAL ACTION INDS INC (MDCI)
* MERU NETWORKS INC (MERU)
* METABOLIX INC (MBLX)
* MGP INGREDIENTS INC (MGPI)
* MICROVISION INC DEL (MVIS)
* MOTORCAR PTS AMERICA INC (MPAA)
* MOTRICITY INC (MOTR)
* MPG OFFICE TRUST INC (MPG)
* NABI BIOPHARMACEUTICALS (NABI)
* NCI INC (NCIT)
* NEOSTEM INC (NBS)
* NEWCASTLE INVT CORP (NCT)
* NOVATEL WIRELESS INC (NVTL)
* NYMOX PHARMACEUTICAL (NYMX)
* OPNEXT INC (OPXT)
* ORRSTOWN FINL SVCS INC (ORRF)
* PACIFIC SUNWEAR OF CALIF (PSUN)
* PEREGRINE PHARMA INC (PPHM)
* PHARMATHENE INC (PIP)
* POWERSECURE INTL INC (POWR)
* POWERWAVE TECHNOLOGIES (PWAV)
* PRIMO WATER CORP (PRMW)
* PULSE ELECTRONICS CORP (PULS)
* RADNET INC (RDNT)
* RIMAGE CORP (RIMG)
* SATCON TECHNOLOGY CORP (SATC)
* SAVIENT PHARMACEUTICALS (SVNT)
* SCHOOL SPECIALTY INC (SCHS)
* SENOMYX INC (SNMX)
* SKYLINE CORP (SKY)
* SMITH MICRO SOFTWARE INC (SMSI)
* STEREOTAXIS INC (STXS)
* SUMMER INFANT INC (SUMR)
* SYNERGETICS USA INC (SURG)
* SYNTROLEUM CORP (SYNM)
* TECUMSEH PRODS CO (TECUA)
* TELECOMMUNICATION SYSTEM (TSYS)
* THOMPSON CREEK METALS (TC)
* THQ INC (THQI)
* U S ENERGY CORP (USEG)
* ULTRAPETROL BAHAMAS LTD (ULTR)
* UNITEK GLOBAL SVCS INC (UNTK)
* UR ENERGY INC (URG)
* URANIUM ENERGY CORP (UEC)
* URANIUM RES INC (URRE)
* UROPLASTY INC (UPI)
* USEC INC (USU)
* VALENCE TECHNOLOGY INC (VLNC)
* VALUEVISION MEDIA INC (VVTV)
* VERSO PAPER CORP (VRS)
* WAVE SYSTEMS CORP (WAVX)
* XERIUM TECHNOLOGIES INC (XRM)
* XYRATEX LTD (XRTX)
* ZALE CORP (ZLC)
* ZALICUS INC (ZLCS)
* ZION OIL & GAS INC (ZN)
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Brad Skillman in New York at +1-212-617-2763 or
bskillman1@bloomberg.net
To contact the editor responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net
Eli Reifman put in receivership
Emblaze founder reveals he has hidden assets all over the world.
http://www.haaretz.com/print-edition/business/eli-reifman-put-in-receivership-1.272912
Doron Afik and Shlomo Turgeman
Suit for $ 30 MS against somethin 'Association bus - Turgeman for granted representation in transactions with Eli ReifmanWinton and Company Double U trading fund, the firm represented them, argue that the firm allowed Reifman Vatrsloto get them $ 6.3 million fraud 04/19/2012, 16:37 These Levi - Weinryb inShare1 tracking issues >> me Riifmnambliizdoron Aficointon Kfitlrslnotafik Torg'mnslomi Turgeman "Actions and omissions of the attorney Doron channel, as a lawyer and trustee, prosecutors revealed the acts of deceit of Eli Reifman, leaving them without proper legal protection against these acts even without the ability to act in time to minimize their damage. Reifman's deceit is not the result of exceptional sophistication on the part of Reifman, that if the result of negligent conduct on the part of Mr. Bus "- so say the company and Winton (WINTON CAPITAL HOLDINGS), and U Double fund trading, the lawsuit of $ 30 million submitted by the morning (the ') to the district court in Petah - Tikva against bus law firm - Turgeman.Reifman, founder of Emblaze, a lecturer four years in prison after being convicted of it spent $ 6.3 million fraud from Winton and Double U trading fund, through presentations - false by which he holds about 9 million shares of Emblaze. Companies now claim that deception made possible by representing the attorney's negligent bus office - Turgeman.Plaintiffs allege that the attorney was negligent representation bus procurement transactions and loan stock with forged Reifman. According to them, Attorney bus was negligent by making the fund transfer Reifman $ 3 million in exchange for the purchase of shares in Emblaze, causing company Reifman Winton lend $ 3 million for work Emblaze shares benefit - all at Reifman shares not held at that time.The second lawsuit is served against a law firm on grounds of negligence in representing deal with Reifman. Earlier this month I submitted a Narcissus, who formerly known as the "King of the Gray Market", a claim of $ 73 million District Court entrance - hope against the law firm of Goldfarb - Seligman. However, claiming that the firm was negligent representation of a loan transaction with Narcissus Reifman. According to Narcissus, the lawyers were negligent in that office he and his partners made a deal to loan company owned by Reifman INVICTA $ 6 million for work Reifman Emblaze shares, at Reifman shares not held.Ignoring warning signsThese are two separate claims, each totaling 15 million, were consolidated and submitted jointly. The first claim of Double U trading fund and CEO, Isaac Winehouse, submitted by the law firm of Gross - Kleinhendler - Hodak - Halevy - Greenberg, alleges that in January 2009 entered into an agreement to purchase approximately 9 million shares of Emblaze Reifman return to $ 3 million .According to the fund, Attorney channel represented by the transaction, presented himself as the great attempt such transactions, and promised that the deal will give the fund a full and complete protection. Argues that this agreement Advocate channel value also served as trustee, and transferred the task force Reifman value - as opposed to the rules of the trust agreement and before the promised rights."Failed miserably channel position," reads the lawsuit. "A partial list and non-exhaustive list of acts and omissions include, among others, the failure in terms of status and the actual conduct of the shares acquired in the transaction, the failure to determine the defense mechanisms provide the rights of the plaintiff Procurement Agreement and the agreement of loyalty and disregard appeals concerned the plaintiffs and the warning signs of the many that appeared throughout the affair . conduct of the channel is left by the plaintiff without protection, allowing Rifman 'be acceptable'. "The second lawsuit filed Winton company, registered in the Virgin Islands, through the lawyers and Efrat Meir Heller Packer from the lawyers E. Landau. Winton was a police complaint filed against Reifman, which led to his conviction.According to the Company in February 2009 loan agreement was signed between Reifman, which lend the company $ 3 million Reifman, when slavery was secure repayment of 9 million shares owned by the Emblaze Reifman.According to the company, Mr. channel served as a trustee for the benefit of Winton, and was supposed to transfer the loan funds only after receipt of the appropriate margin. However, it is argued, Attorney bus passed the loan payment, without ensuring that the shares actually held by Reifman and without the necessary collateral ."Attorney bus was negligent in that he knew or should have known, prior to release of loan funds Reifman, that the safest stocks do not exist or that there is doubt about the existence, and yet not investigated the matter and warned that Winton," reads the lawsuit.The claims were filed against the attorney's partner channel, Mr. Shlomi Turgeman, and the partnership who own, bus law firm - Turgeman. Another defendant insurance company Harel, ensuring the firm's professional negligence cases."Wave of lawsuits"From the bed - Turgeman said: "This is another case in a wave of claims filed on - by Reifman's disappointed creditors, knocking on doors law firms (probably because they are insured). We will respond to the court after we receive the statement of claim. We note only that in the past has been submitted on - by the police complaint Bus attorney for trying to blackmail, Reifman and related case to the parties involved ".Globes for familiarity - all stories, articles and opinion columns for you every night >> Where
http://www.globes.co.il/news/article.aspx?did=1000742548
How can companies get rid of a DTC Chill?
http://www.quora.com/How-can-companies-get-rid-of-a-DTC-Chill
We are in the process of working with them to provide the needed clarifications. No assurances when and/or if the Chill will be lifted.
http://ih.advfn.com/p.php?pid=nmona&article=52501456
How much do we really hate the TSA?
http://www.cnn.com/2012/06/01/travel/tsa-complaints/index.html
Technology promises to improve airport screening process
http://www.post-gazette.com/stories/sectionfront/life/technology-promises-to-improve-airport-screening-process-429157/
AMBT
Ambient Corporation
5.40 3:58PM EDT
1.15 (27.09%)
372,463
Chart, Profile, More
http://finance.yahoo.com/gainers?e=o
IDO Security Releases Financial Results for 1st Quarter 2012 Ended March 31, 2012
Investors Agree to Modification of Debt on the Outstanding Notes
http://www.marketwatch.com/story/ido-security-releases-financial-results-for-1st-quarter-2012-ended-march-31-2012-2012-05-23?reflink=MW_news_stmp
As the Co (IDOI) is performing better and better ( $400k in Rev last 12 month ) you need to come up with new allegations
Good luck
Current Operational Highlights
We recorded revenues of approximately $203,000 for the year ended December 31, 2011, representing our strongest year-end revenues to date. We recorded revenues of $204,564 for the three months ended March 31, 2012. The positive direction of our operations and results in the past year is attributable, in part, to the activities of Mr. Yaniv Beran, who has been serving as the acting General Manager of our Israeli based subsidiary following the departure in May 2011 of the management team overseeing the subsidiary. Prior to working for IDO, Mr. Beran served as the chief technology officer of various companies active in the homeland security and medical device fields. Mr. Beran is the author of several patents in the field of particle collection for explosive detection devices. As of March 31, 2012, we have received purchase orders for additional MagShoe™ units. We believe that there are opportunities for additional sales of our MagShoe device
Filing Date: 5/21/2012 Form Type: 10-Q
We are currently intensifying our efforts to identify and team up appropriate collaborators in the coming months with a view toward enabling us to bring the MagShoe to our various core markets in the United States and throughout the world while also beginning the process of seeking other state of the art security devices to put through our distribution system to increase the awareness of IDO as a seller and supplier of security devices.
Filing Date: 5/21/2012 Form Type: 10-Q
Wrong again
As of May 21, 2012, there were 17,548,138 shares of registrant’s common stock, par value $0.001 per share outstanding.
Filing Date: 5/21/2012 Form Type: 10-Q
How about latest 10Q,
RESULTS OF OPERATIONS
COMPARISON OF THE THREE MONTHS ENDED MARCH 31, 2012 ("2012") TO THE THREE MONTHS
ENDED MARCH 31, 2011 ("2011")
Revenues and costs of goods sold - Revenues in 2012 were $204,564 compared to $19,161 in 2011. All revenues were derived from sales of our MagShoe? device.
Costs of goods sold in 2012 were $115,853 compared to $24,095 in 2011
Net income (loss) - In 2012, we had net income of $1,536,601 compared to a net loss of $2,171,898 in 2011, for the reasons stated above.
TSA Will Require Complete Screening For Cargo
http://www.imassera.com/tsa-will-require-complete-screening-for-cargo/2417107/
The TSA Needs to Adapt
http://www.businessweek.com/articles/2012-05-18/the-tsa-needs-to-adapt
For the three months ended March 31, 2011, the registrant had revenues of $19,161 and a net loss of $2,171,898. For the three months ended March 31, 2012, the registrant currently estimates that it had revenues of approximately $204,564 (more than 1000% increase) and net income of approximately $1,537,000. Results for the three months ended March 31, 2012 remain subject to further adjustment.
http://ih.advfn.com/p.php?pid=nmona&article=52447219
The increase in revenues for the three months ended March 31, 2012 as compared to the 2011 period is primarily attributable to the substantial increase in the number of MagShoe™ devices delivered to customers in Africa, Europe and the Far East. The net income for the three months ended March 31, 2012 is primarily attributable to the gain on the extinguishment of debt in the amount of $2.9 million.
Lets go over the facts !
Well,According to the PR’s they put out they should report a big increase in revenues
JMHO
Thoughts?
IDO Security Participates in Israeli Delegation to the 2012 Black Sea Defense & Aerospace Exhibition and Conference in Eastern Europe
http://finance.yahoo.com/news/ido-security-participates-israeli-delegation-200500568.html
Many Airport Security Breaches Aren't Reported To TSA: Report
http://www.huffingtonpost.com/2012/05/14/airport-security-breaches-tsa-report-newark-airport_n_1515944.html
Amid criticism, TSA finds weapons in walker and stuffed animals
http://www.latimes.com/business/la-fi-0514-travel-briefcase-20120514,0,5437194.story
IDO Security completes MagShoe installation at Fiumicino Airport
http://www.passengerterminaltoday.com/viewnews.php?NewsID=39154
In defense of the TSA
Recent plots show why we need scans and searches
Read more: http://www.nypost.com/p/news/opinion/opedcolumnists/in_defense_of_the_tsa_W69LKUIO2BfVHETieWlitO#ixzz1ulcwd7pr
TSA seizes 2 guns on same day at Atlanta airport
http://www.ajc.com/news/atlanta/tsa-seizes-2-guns-1436036.html
The Government Admits That TSA Body Scanners Are A Huge Waste Of Money
Read more: http://www.businessinsider.com/new-government-reports-confirm-that-tsa-nude-body-scanners-are-wasteful-and-ineffective-2012-5#ixzz1uaIkER40
From the House Oversight Comittee...
Chairman's Preview Statement
Joint Hearing of the Full Committee on Oversight and Government Reform, Chairman Darrell Issa, and the Committee on Transportation and Infrastructure,
Chairman John Mica
Three years ago, the Department of Homeland Security Inspector General reported that TSA had not effectively deployed, redeployed or disposed of crucial transportation security equipment. A joint investigation by the Transportation and Infrastructure Committee and the Committee on Oversight and Government Reform, along with recent efforts by the Government Accountability Office, reveal that little has changed in the past three years and that systemic flaws continue to plague the TSA. These flaws are exacerbated by a management structure that seems content to throw millions of dollars at untested solutions that are bought in excess and poorly deployed and managed. That is not a security operation, but rather a recipe for disaster.
Today’s hearing will help to explore these lingering issues and outline remedies.
I am concerned that the TSA has grown into a top-heavy, unmanageable agency, evidenced by its 400% increase in workforce since its founding. The agency’s flaws are not the fault of TSA employees working everyday on the front lines, but instead that of a bloated leadership structure in Washington, DC. When attempting to conduct oversight, instead of cooperation from TSA the committees have been met with obfuscation, excuses and attempts to mislead.
The operation thwarted earlier this week by American intelligence underscores the importance of this work and the necessity for an overhaul of current TSA operations.
READ THE REPORT... Airport Insecurity: TSA’s Failure to Cost Effectively Procure, Deploy and Warehouse its Screening Technologies
What do you think?
http://nation.foxnews.com/tsa/2012/05/0se-oversight-committee-says-tsa-failing-deploy-terror-combating-technologies
TSA credited for foiling potential bomb threat
http://www.todaysthv.com/news/article/210217/288/TSA-credited-for-foiling-potential-bomb-threat
TSA: Man Tried to Board Plane with Loaded Gun
http://fox8.com/2012/05/08/tsa-man-tried-to-board-plane-with-loaded-gun/
Al Qaeda Bomb Plot Against US-Bound Jet Reportedly Foiled
http://www.huffingtonpost.com/2012/05/07/al-qaeda-bomb-plot-foiled_n_1497734.html?icid=maing-grid7%7Cmain5%7Cdl1%7Csec1_lnk2%26pLid%3D158622