InvestorsHub Logo
Post# of 123886
Next 10
Followers 0
Posts 30
Boards Moderated 0
Alias Born 04/08/2006

Re: Ownwallstreet post# 78771

Thursday, 04/27/2006 9:23:01 AM

Thursday, April 27, 2006 9:23:01 AM

Post# of 123886
Did u see the news today? Think it's worth the risk?

I'm running out of free posts for today. If you send me an email where we can discuss I will write u from home tonight.


Summus Works, Inc. Statement on Audit, Dual Quotation, $1.27 Million Winter Sports Revenues and Confirmation of No Reverse Split
Thursday April 27, 9:05 am ET


DENVER--(BUSINESS WIRE)--April 27, 2006--Following statements earlier this week, Summus Works, Inc. (Pink Sheets: SMMW - News) management reiterated that a reverse split is not in the Company's plan. Management had announced that it ordered an audit of the Company's financials, and will request to have the Company listed on the OTC Bulletin Board, and/or the OTCQX "PrimeQX," Pinksheets' recently unveiled new quotation, listing and disclosure service that "help(s) serious issuers stand out from the almost 5,000 OTC securities electronically traded on the Pink Sheets," according to www.otcqx.com. The audit is integral to the application process, Company transparency, and ultimately visibility as the company moves up to become fully reporting. Accordingly, the Company announced yesterday that its winter sports wholesale division alone reported revenues of $1,276,390.00 for the year ending December 31, 2005, and management stressed the Company's intention to increase disclosure.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.