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I agree Jorak, it made more sense when I saw how many people on the management team are from Korea. Lots of connections there I presume.
glta
I go to Finance.yahoo.com and type ECOS for the stock symbol. If you click on the ecos symbol again, it should bring up more detailed trading data along with current and past releases.
Here is a valid link to the new release:
http://finance.yahoo.com/q/is?s=ecos
Financials were released and posted on Yahoo Finance. Looks like they made 158k in 4th quarter of 2012:
http://finance.yahoo.com/q/is?s=ecos
glta
Just noticed something interesting from the Ecolocap web site. Look how many Koreans they have on the management team. This could help explain how they got involved with the Korean Chicken Associations:
http://www.ecolocap.com/management.html
Tri-Vu Truong Ph.D.
Chief Executive Officer, EcoloCap Solutions Inc. Canada Dr. Truong is the CEO of EcoloCap Solutions Inc. Canada and is responsible for the operations of the business. He brings more than thirty years of experience from his tenure in the environmental sector.
Upon completion of his B.S. in Engineering, he then earned an M.S. in Chemical Engineering, and later a Ph.D. in Civil Engineering. He has since joined Sodexen Environmental Engineering Group, where he managed numerous major environmental impact projects.
Jeung Yeal Kwak
Chairman of the Board of Directors, EcoloCap Solutions Inc.
Chairman of the Board of Directors, Micro Bubble Technologies Inc.
Mr. Kwak is Chairman of the Board of Directors of EcoloCap Solutions Inc and Micro Bubble Technologies Inc. He has more than thirty years of experience in the engineering and technology development industries.
After earning a B.S. in Biology in Korea, he then immigrated to the U.S. Since then, he has been involved with, developed, and sold numerous energy and technology related enterprises worldwide.
Young Yeal Kwak
Chief Executive Officer, K-MBT Inc.
Mr. Kwak is the CEO of K-MBT Inc. and has more than thirty years of experience in the industrial manufacturing industry.
After earning a B.A. in Political Science in Korea, he established Jengwoo Industrial Company in Korea. He has since been managing the company for over 25 years.
Chi Woo Nam
Director, K-MBT Inc.
Mr. Nam is the Director of K-MBT Inc and brings to the company more than thirty years of experience in the manufacturing and engineering industries.
After earning a B.A. in Engineering, he accepted a position at Ankook Petro Chemical Co. in Korea. After several years, he left to found Shinjin Plastic Co. Ltd, a plastic plant, and later also formed Wonwoo Metal Co. Ltd in Korea.
Han Joong Kim
Director, K-MBT Inc.
Mr. Kim is the Director of K-MBT Inc. and has over thirty years of experience in the manufacturing industry.
After earning a B.A. in Engineering in Korea, he established a company that manufactured and distributed sporting goods worldwide, as well as serving as Vice President of the Anyang Tennis Association. He later went on to form a boiler manufacturing factory, supplying boilers for residential and industrial use.
Announcement: Management changes.
http://finance.yahoo.com/news/PSI-Corp-Announces-Management-pz-2654628577.html?x=0&.v=1
Looks like they are starting to fill in their past financial reports.. which is great news! The last time they got caught up, the stock really increased in value.. glta
The big questions are: Why did 500,000 shares trade out of the blue a few weeks back? and why did the price jump up from less than a nickel a month ago to over .24 before settling back down? Did someone catch wind of an immenent announcement?
I have not heard or seen otherwise. The past couple of press releases have listed David Cash being the CFO whereas they used to list the CEO.
They have been pretty busy over the past couple of years severing ties to the old owners and bringing in new investors..
I am in for the long haul and wish everyone the best of luck with their investments! I see the new CVS pharmacy commercials on TV with the coupon kiosk and can't help to think how this business is really going to take off for PSI.
p.s. I have not heard anything about PSI contributing the machines for CVS but they have really been partnering with a lot of credible companies in the industry so I am looking forard to much more good news to come.
Something popped! I gotta believe that the people who bought in at .25 today are expecting a profit? glta
More Great news!!!
COLORADO SPRINGS, Colo., May 13, 2010 (GLOBE NEWSWIRE) -- PSI Corp. (Pink Sheets:PSCP - News), operating as Pantel Systems, Inc., today announced that the Company has signed a non-binding memorandum of understanding with Midax, Inc., a systems integrator for regional operators, small chains, and independent retailers in the grocery and convenience store industries. The two companies have also agreed to a joint marketing initiative.
For the next 12 months, PSI and Midax will jointly deploy PSI's Coupon Kiosk in Midax's more than 500 existing locations, which include both supermarkets and convenience stores.
Eric Kash, CFO of PSI Corp., said, "We are excited about the opportunity to work with such a well known integrator as Midax. Like PSI's services and multi-function kiosks, Midax products and technologies support the businesses of independent supermarket chains and convenience stores so they can improve efficiencies, reduce costs, and be more competitive with larger companies."
Jim Nevill, CEO of Midax, Inc., stated, "We are pleased to work with PSI to support the growth of this important business segment. PSI brings a disruptive front-end technology to the point-of-purchase sale in the supermarket. Customized couponing is currently very much in demand by the consumer and will be around for years. PSI's technology and the new and interesting kiosks that it has developed and patented are a breath of fresh air to the overall marketplace."
PSI Corp. will file an 8K as soon as possible in order to provide additional information about the complete agreement between both parties.
About Midax, Inc.
Content of news today's release:
COLORADO SPRINGS, Colo., May 10, 2010 (GLOBE NEWSWIRE) -- PSI Corp. (Pink Sheets:PSCP - News), operating as Pantel Systems, Inc., today announced that the Company has engaged McKim & Company LLC. McKim & Company LLC is an institutional investment banking firm specializing in advising emerging growth companies. Eric Kash, CFO of PSI Corp., said, "We believe our agreement with McKim will enable PSI to fully realize its goal of growing the company thru the resources that Jim Cahill CEO of McKim & Co. and his team bring to the company. We are seeing tremendous interest in our primary product featured below and the request for fulfillment orders is coming in rapidly. We continue to file our back financials and are working to bring our needed financials up to date. Our goal is to trade with complete transparency."
About PSI Corp
PSI Corp. (PSI) (Pink Sheets:PSCP - News), operating as Pantel Systems, Inc., provides innovative interactive customer communications systems and applications.
For additional information, please visit http://www.pantelsystems.com/. http://www.psicoupons.com/
About Us
McKim & Company's mission is to provide the highest quality financial and managerial advice to emerging growth companies while assuring our commitment to total internal teamwork and company wide support in emphasizing and realizing the needs of our clients. McKim & Company specializes in advising its clients as they structure and raise private equity in the $3-$25 million range.
McKim & Company advises a diverse group of both publicly traded and privately held companies in the informational, technology, life science and business service industries along with experience in the manufacturing and oil and gas sectors. McKim & Company conducts its securities activities through its affiliated broker/dealer, McKim Capital, Inc. McKim & Company is organized as a limited liability company under the laws of the State of Delaware with its headquarters in New York City and offices in Denver, San Francisco and Washington DC.
http://www.mckimco.com/AboutUs.html
Finally, a news release: looks like they have a lot of orders they are filling and have obtained the services of an investment banker to raise funds!
http://finance.yahoo.com/news/PSI-Corp-Engages-McKim-Co-for-pz-4222168581.html?x=0
Yup. I figured they were getting all there ducks lined up.
I have never seen this much volume so consistently.
You can see that an investment group took over a while back so it should be interesting when they finally release some news about what they have been up to.
The good news is that everyone is into coupons right now and the stores have all said they love the concept so we should be poised to take a leadership role in the in store coupon arena.
How was there activity this morning? Did someone respond to the SEC office action?
Who, What, Where, When, Why and How? That's what I want to know!
glta.
Another great volume day! (and up 95%) Hope they announce some good news soon!
WOW! Lots of volume today... what's up with that?
I have not heard any news but looking around I did find a website www.psicoupons.com. It looks like it is under development but is most likely related to all the coupon machines being installed in stores along the East coast.
Looking forward to some real news to help this stock get back up where it belongs!
glta
Thanks W. I just got off the phone with Scottrade and they are going to 'try' and get them back into my account.. BUT, they said they will have to charge me 411 per month to hold them for me.. lol
I just want them back and then I will figure out what to do with them from there..
thanks for your reply.
GLTA
Looks like a change in ownership occurred in February 2010. A small hedge fund got involved? I found this link in Investor hub news releases but had not seen it prior. GLTA
http://ih.advfn.com/p.php?pid=nmona&cb=1268759459&article=41572664&symbol=NO%5EPSCP
I need help with Scottrade... I used to hold 1.4 million shares of vlnt..
They took all the vlnt shares out of my account in December because there was no transfer agent and I am having trouble insising they put them back. They do show that Scottrade will allow you to sell the stocks but not buy.
Help? How can I escalate this further and insist they put them back into my account?
PSI Corp. and MVMC Sign Multi-Function Kiosk and ATM Contract With Gristede's Inc. of New York City
Press Release
Source: PSI Corp.
On 3:21 pm EST, Tuesday December 1, 2009
Buzz up! 0 Print.Companies:Psi Corporation
COLORADO SPRINGS, Colo., Dec. 1, 2009 (GLOBE NEWSWIRE) -- PSI Corp. (Pink Sheets:PSCP - News), operating as Pantel Systems, Inc., has signed a contract to install its multi-function kiosks, with strategic ATM services provided by MVMC, in Gristede's Inc, a premiere New York City chain of small supermarkets. The contract calls for the installation of 26 kiosks during the first quarter of 2010.
This is PSI Corp.'s first integrated venture with MVMC, a subsidiary of The Egan Group, a large security and money management company servicing over 8,000 ATM locations for banks, credit unions and ISO retail ATM providers throughout the tri-state region. MVMC strategic services include vault cash, armored car service, 24-hour help desk for customer support and installation services.
PSI's multi-function Pantel kiosks supplement traditional ATMs with multiple consumer point-of-purchase (POP) services, including advertising and coupon-dispensing. PSI has recently announced contracts to install its kiosks in several major supermarket chains, including Met Foods, D'Agostinos, Key Food, and the National Supermarkets Association, operating throughout New York City as well as New Jersey, Long Island, Westchester and Connecticut. In addition to providing traditional ATM services from MVMC, PSI's innovative Pantel multi-function kiosks can print on-demand coupons, redeem text-messaged and loyalty-card coupons, distribute long-distance phone cards and permit select bill-paying, serving consumers and measurably boosting purchases at the stores that carry the kiosks.
Eric Kash, CFO of PSI Corp., said, "We are delighted to move forward with MVMC, a strong regional company that is nationally recognized and locally valued. We anticipate many additional ventures in the future. Gristede's premier brand name and choice locations in New York City will continue to increase PSI's recognition among consumers and advertisers."
Bob Egan, President of The Egan Group and MVMC, stated, "The ability of MVMC to work in alliance with PSI allows MVMC to offer unique services to our traditional ATM customers. I believe this partnership will have a major impact on the kiosk and cash dispensing business. MVMC provides the all-important money management and security services, while PSI's Pantel kiosks attract new customers through their highly successful coupon redemption programs, visual ads and other popular consumer services."
About PSI Corp
PSI Corp. (PSI) (Pink Sheets:PSCP - News), operating as Pantel Systems, Inc., provides innovative interactive customer communications systems and applications that support targeted marketing programs with unique point-of-purchase (POP) services and information that serve shoppers and distributors and build loyalty and revenue for the Company's primary clients. Pantel Systems' Multi-Function Kiosks currently address two primary vertical markets: major Supermarket Chains and Convenience Stores, and Deep-Discount Retailers. For more information about PSI and Pantel Systems, please visit www.pantelsystems.com.
About The Egan Group and MVMC
Egan Group and its subsidiary MVMC are a large security and money management company servicing 8000 ATM locations for banks, credit unions and ISO retail ATM providers located throughout the tri-state and surrounding areas within the Northeast Region; MVMC services are complemented by a traditional armored service provider, Armored Money Services.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "hopes," "intends," "plans," "seeks," "will," and other terms with similar meaning, including, but not limited to, statements regarding the anticipation of many new ventures with The Egan Group and MVMC and the belief that this partnership will have a major impact on the kiosk and cash dispensing business. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Finally! A news release and it all looks great!
PSI Corp.'s Coupon Program Makes Progress
Press Release
Source: PSI Corp.
On 1:45 pm EDT, Monday October 26, 2009
Buzz up! 0 Print.Companies:PSI CORPORATION
COLORADO SPRINGS, Colo., Oct. 26, 2009 (GLOBE NEWSWIRE) -- PSI Corp. (Pink Sheets:PSCP - News), operating as Pantel Systems Inc., (the "Company" or "PSI") operates a full service multi-functioning kiosk in various supermarket locations in New York City. For the past six months, the Company has focused on the development of its advertising and coupon dispensing technology function from its kiosks. David Foni, the Company's Chief Executive Officer, stated, "PSI's multi-functioning kiosk is unique for its multiplicity of capabilities and now has succeeded in raising coupon redemption rates in excess of 20% for its supermarket coupons versus the supermarket industry average of 1.4% redemption rate for free standing inserts. The key reasons for the success of the program is the products being offered are all from major consumer product good companies, there are meaningful discounts on the offerings, there are visual ads being shown on the kiosk's LCD screen in the supermarkets and equally important the supermarkets are receiving a 100% realization from the coupons being redeemed within 30 days."
Related Quotes
Symbol Price Change
PSCP.PK 0.09 +0.01
{"s" : "pscp.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}
Mr. Foni continued, "We have demonstrated strong results at Key Foods, National Supermarkets Association and now this week entering Met Foods. PSI has shown that in the complex, ethnically diverse community of New York City, coupons are very important to everyday supermarket business. The Company is in advance discussions with several other large New York City based supermarket chains which it hopes will prove fruitful. We anticipate additional expansion both in New York and surrounding states in the first quarter of 2010. Additionally, we intend to file patents, and add new couponing features including mobile texting and loyalty card programs to the kiosks."
About PSI Corp.:
PSI Corp., operating as Pantel Systems, Inc., provides interactive customer communications systems and applications that support the targeted marketing programs at point of purchase (POP) service and information. The Company has two vertical markets for its E-Banking Kiosks Supermarkets and Deep Discount Retailers.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "hopes," "intends," "plans," "seeks," "will," and other terms with similar meaning, including statements regarding discussions with large supermarket chains, expansion into states surrounding New York, the filing of patents and the adding of new features to its kiosks. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Hey G-ianni! I am still here and holding.. I am thinking of calling the company again and going to talk with them. They were based down in Colorado Springs.. about 2 hours from me. I did speak with their investor relations a while ago and need to call again..
btw.. my youngest son's name is also Giovanni..my little g-ianni
I still feel that vlnt (Videolan Technologies) and the French Videolan company are connected. They have to be connected somehow to be able to get around the U.S. Patent and Trademark laws. There is no way that I can think of to have 2 completely seperate companies use the same name and patented technologies without them being related and some sort of agreements in place to allow them to exist and continue operating. If the French company wants to do business in the U.S. don't they have to opperate under an aggreement from someone representing VLNT????? Is that Goldman's???
One other thing I find extremely interesting is that Democratic Representative William Jefferson is in the news again.. He was the one with the $90,000 in his freezer.. well, the original owner of VLNT did some jail time for paying Jefferson bribes to hook him up to do business in Africa... I forget all the details but this was years ago. I just find it interesting that Jefferson was in the news last week again and VLNT starts taking off again.. coincidence?
I have held onto these shares since 1996 and am enjoying all of it. Welcome to penny land.
And a new version was released July 28, 2009: (Copied from there website):
VLC 1.0.1 is out!
2009-07-28
VideoLAN is pleased to announce the release of the second version of the Goldeneye branch of VLC: 1.0.1!
3 weeks after the release of 1.0.0, and with almost 14 million downloads, this minor version fixes most of the notable bugs and regressions that were present in the 1.0.0 version.
Notable fixes and improvements include:
•fix flv and mpeg2 seeking,
•fixes for wmv, wav, rtsp and ssa support,
•fixes for Qt and Mac OS X interface,
•fix an integer underflow in Real pseudo-RTSP module,
•updates of some translations,
•port of the ZVBI module to Windows for full teletext support and
•codecs updates for Windows and Mac OS X versions.
This explains a whole bunch!!!!
http://www.videolan.org/vlc/
website was updated in July, 2009:
VLC media player
The cross-platform open-source multimedia framework, player and server
VLC media player is a highly portable multimedia player and multimedia framework capable of reading most audio and video formats (MPEG-2, MPEG-4, H.264, DivX, MPEG-1, mp3, ogg, aac ...) as well as DVDs, Audio CDs VCDs, and various streaming protocols. See the full features list.
It can also be used as a media converter or a server to stream in unicast or multicast in IPv4 or IPv6 on networks.
Does all this use our Videolan patents?
Scottrade News Release:
April 28, 2009 (FinancialWire) -- PSI Corp. (OTC: PSCP), operating as Pantel Systems, Inc., has signed a letter of intent with The Egan Group for MVMC, a subsidiary of The Egan Group, to provide strategic services, including vault cash, armored car service, 24-hour help desk for customer support and installation services.
MVMC Corp is a large security and money management company servicing over 8,000 ATM locations for banks, credit unions, and ISO retail ATM providers located throughout the tri-state and surrounding areas within the Northeast Region and is complemented by a traditional armored service provider, Armored Money Services.
David Foni, CEO of PSI, said the LOI will help support the implementation of Pantel's Cash Xpress e-banking kiosk allowing growth and market recognition to build business opportunities."
PSI Corp., operating as Pantel Systems, Inc., provides interactive customer communications systems and applications that support the targeted marketing programs at point-of purchase service and information. The company has two verticals products: full service E- Banking Kiosks and full motion video digital signage in hospitals.
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
http://www.financialwire.net
This has moved nicely in the past on little volume. I have seen nothing but positive and encouraging news releases from the company over the past year. Explaining what happened with the previous ownership group. A resulting lawsuit that made the previous owners give back some money and shares and lawsuits settled..
Several other lawsuits were all settled in the company's favor!
then the new accounting firm was announced.. then another one, when the financials were steadily updated and reported.
The owner (mr. Foni) lent the company money last year.
They also displayed prominently at some trade shows within the past 6 months and were well recieved.
The news this past week is a fantastic indication that everything was very well received in the testing phase.
I can only assume that they have received additional financing to take this to the next level and that word is finally getting out.
Their hard work will finally be rewarded.. (and so will we)
IMHO of course.
They have already been testing the machines in Credit Unions, Gorcery stores and banks in the New York and New Jersey area.
They were also very well received in Harlem where more traditional banking systems did not meet the needs of the people as well as Pantels.
Pantel also has some very legitimate partnerships with all of their products and software! I am really looking forward to seeing this take off.
Amen! The company has worked long and hard to get back to reporting status and off of the pink sheets! You can read some of my previous posts where I included the news releases about resolving law suits with the old owners of the company. And their progress in getting new Accoutning Firms to fill in the missing reports has been awesome! Good Luck to all! Welcome aboard.
I was just getting around to reading Sunday's Denver paper and there was an article about Donald Trump's show.. The Apprentice.. it said they were going to be promoting a product (the ACN Videophone) that shows 'real time footage of you while you are talking on the phone.... '
Isn't this VLNT's technology?
Did anyone see the show and make a connection?
If the company went bankrupt, is anyone in charge of enforcing the patents?
Good luck to all!
New filings out today but I can not read all of them.
It looks like one of them has a new address in Pennsylvania??? Did the company headquarters move from Colorado?
It also looks like they have been very busy and happy with the way things have been going over the last year.
I also think the very high volume last week is an indication that more financing was obtained somewhere.. The volume did the same thing last year when they brought in some investors.
best of luck to all!
If you look at the previous news releases you will also see that the management has been working extreemly hard to overcome problems with the previous ownership group.
There were several litigations resolved earlier this year and they were all (to my rememberance) resolved in the favor of the current company and management team.
I am convinced this company is a great one to be invested it at this time.
Copy of previous news release posted June of 2008 shows that the plan was to make an application with NASDAQ to be listed there again..
The original post was # 56
GLTA..:
PSI Corp. Reviews Its Recent Progress
Tuesday 06/24/2008 8:00 AM ET - Pr Newswire
Related Companies
Symbol Last %Chg
PSCP 0.25 13.64%
As of 2:09 PM ET 6/24/08
PSI Corp. (OTC Pink Sheets: PSCP) is pleased to review its recent progress.
PSI, for the first time since discontinuing its friendlyway, Inc. business on May 1, 2006, is proceeding with the implementation of its business plan. PSI announced this past week the placement of an additional twenty-four digital screens to increase to eighty-four the number previously deployed. PSI plans to accelerate the placement of digital screens both in New York City and nationally in cooperation with Hospital Media Network. PSI has seen an increase in both local and regional advertising attributable to appreciation of PSI's technology and blend of proprietary programming.
Equally important is the roll-out of a limited number of PSI's E-Banking Kiosks. Such Kiosks enable users as follows: to purchase gifts cards, phone cards and debit cards; to obtain standard ATM services; and to permit bill paying and payroll check cashing among its many innovative features. Each Kiosk will have a 32 inch state-of-the-art digital screen with advanced program capability. The Kiosks will be undergoing ninety-day field tests in selected areas. Thereafter, PSI believes that the substantial indications of interest already received from supermarket and convenience stores and from credit unions will result in eventual purchases of the PSI Cash Express(TM) Kiosks/ATM.
As previously reported in a Form 8-K filing dated April 11, 2008, PSI has retained new auditors to conduct the two-year audit for the period ended October 31, 2007. Such audit is expected to be completed shortly. Once this audit is completed and PSI is then current in its 10-KSB and 10-QSB filings with the SEC, application will be made to NASDAQ to have PSI relisted on the Bulletin Board.
Lastly, PSI intends to issue a proxy statement incident to the calling of an annual meeting of shareholders as soon as the audit is completed and the proxy rules may be complied with.
David Foni, Chairman and CEO of PSI, stated that "Management has devoted the past eighteen months to the resolution of problems inherited from prior management, including the successful termination of litigation, the elimination of payables, the cancellation of shares of Common Stock, and the rescission of improvident transactions consummated by prior management. Nonetheless, development of PSI's two proprietary products has proceeded apace. Management believes that PSI will shortly be able to demonstrate positive cash flow."
About PSI Corp.: provides interactive customer communications systems and applications that support the targeted marketing programs at point-of-purchase (POP) service and information. The company has two vertical products; full motion video digital signage and full service Cash Express(TM) Kiosks/ATM. For more information please visit the company website: www.pantelsystems.com
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from those statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this release that are not purely historical are forward-looking statements, beliefs, plans, expectations or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. Investors should independently investigate and fully understand all risks before making investment decisions.
For further information:
David Foni (719) 359-5533
SOURCE PSI Corp.
http://www.pantelsystems.com
November 2008?
Bid ask: .10 / .23 lol! What a joke those MM's are.
It makes me think that they want to hide the fact this is a legit company, getting all their ducks in a row and making money. I feel they are doing this to accumulate shares before word gets out about all the progress they have accomplished this past year.
MM's are playing games with this one today. The bid/ ask was set at .19 /.20 earlier and is now at .10/.20!
They always do this kind of stuff when the stock is poised to rise. I bet they really need shares and in this market are pulling out all their bag of tricks to get them.
All the updated financials are out! All the recent SEC filings are posted on finance.yahoo.com for pscp.pk
This is something I have really been anticipating. They have gotten new accounting firms to go over and fill in the missing financials over the past 2 years. I think I saw a previous press release saying that they needed and wanted to do this in order to get off the pink sheets and back onto the regular NASDAQ.
The next step is for them to get the stock price back up over a dollar and then we will be back on the NASDAQ with the big boys.
This really is a legitimate company folks!
The filings also show that they have been making money.. which is more fantastic news!
GLTA
Yes! I heard that Fannie Mae and Freddy Mac are going to be consolidated into the VLNT shell and the new entity will be known as Videolan Mortgage Guaranty!
They are really working hard. If you read the press releases from the past several months you will see nothing but good.
Litigations that were favorable to the company. Stock shares from the previous owners givin back to the company due to litigation.
They are in the process of having all the financials drawn up with the intent of trying to get back to a Nasdaq listing.
They did well at the trade shows in Vegas. THey signed up more customers than previously announced. and for a greater scope..
More Hospitals are climbing on board for the inforamtional kiosks.
ANd credit unions are using the atm / transaction machines
glta