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News Focus
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was hotlinktuna

08/01/05 2:21 PM

#414591 RE: Paul A #414589

Paul, MPET looking very good here too in energies...also took positions in BSIC and BNTNF both bb's...haven't gotten back in EDNE nor ARD after taking gains in both...will put USU on my streamer as soon as I sell something! LOL! Already 20 spots taken...but I'd better start selling something soon...tuna
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was hotlinktuna

08/01/05 2:26 PM

#414592 RE: Paul A #414589

Btw Paul, HOM accretive acquisition news out: Home Solutions of America Enters Into Letter of Intent to Purchase California Marble Company
Monday August 1, 12:21 pm ET
Acquisition Expected to Add $3 Million in Annual Revenue and $500,000 in EBITDA and Expand Remodeling Services Offerings


DALLAS, Aug. 1 /PRNewswire-FirstCall/ -- Home Solutions of America, Inc. (Amex: HOM - News), a niche provider of specialty residential services, announced today that its wholly owned subsidiary, P.W. Stephens, Inc., has entered into a Letter of Intent to acquire a granite and marble fabrication and installation company in southern California. The acquired company, whose name will be released upon completion of a definitive agreement, is expected to generate $3 million in annual revenue and $500,000 in EBITDA. The acquisition will be financed with internally generated cash. The acquisition, which should be completed by the end of the current quarter, is expected to be accretive to earnings in 2005.
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Commenting on the transaction, P.W. Stephens' President Scott Johnson said, "This 'tuck-in' transaction affords the Company an opportunity to utilize its sales infrastructure and grow a business that complements our current service segment of assisting homeowners that have kitchen and bath related problems. In the more than 500 individual homes that we provide services, we look to add the replacement materials in the home. Granite, marble, and other products will be the beginning of those services."

Chairman and CEO Frank J. Fradella added, "Southern California's remodeling market will become one of the largest in the United States in the next 5 years due to the lack of land to continue building new homes. This, combined with our knowledge of kitchen and bath products as a result of our Southern Exposure and Cornerstone operations, opens new opportunities for our three locations in California, where last year alone we provided services in over 6,000 different homes. The potential to add these products and services to our building material retail customers is also one of our long-term objectives as we continue to diversify our service offering. We expect this acquisition to be accretive to earnings in 2005."

Home Solutions is a niche provider of specialty residential services including Restoration and Specialty Interior Services. The Company has operations in the California, Texas, Florida, Alabama, Georgia and South Carolina markets through its four subsidiaries, Cornerstone Building and Remodeling, Southern Exposure, P.W. Stephens and Fiber Seal Systems. Cornerstone is a leading supplier and installer of granite materials for kitchens and baths to national home centers, as well as national builders and remodeling companies, in the southeastern United States. Southern Exposure and related companies is a provider of cabinet and countertop installation services in the Florida marketplace. P.W. Stephens provides mold and asbestos remediation services, and fire and water restoration services in California and Florida, and Fiber Seal Systems is a national franchise of cleaning and fabric protection businesses.

For more information on Home Solutions, please see the Company's website at http://www.homcorp.com/ .

Statements included in this update that are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements including, without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to factors such as those relating to economic, governmental, technological, and other risks and factors identified from time to time in the Company's reports filed with the SEC.

HOME SOLUTIONS OF AMERICA, INC.

CONTACT: Cormac Glynn, CEOcast, Inc.

Phone: 212 732 4300




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Source: Home Solutions of America, Inc.



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was hotlinktuna

08/01/05 2:44 PM

#414600 RE: Paul A #414589

Nice to see CSTL 3.74 +.22 getting some attention after the "sell the nice earnings news" last week...I'd thought we'd see 5's on it when they came out...carp! Stupid fish that I am...LOL!
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mainehiker

08/01/05 3:40 PM

#414639 RE: Paul A #414589

OT for paul Canada police raid Marijuana Party on U.S. request
Fri Jul 29, 2005 6:56 PM EDT


VANCOUVER, British Columbia (Reuters) - Police raided the headquarters of the British Columbia Marijuana Party on Friday at the request of U.S. investigators targeting one of Canada's best-known advocates of legalizing marijuana.

U.S. officials have charged Marc Emery, founder of the Marijuana Party, and two other people with conspiracy to manufacture marijuana, distribute marijuana seeds and money laundering. The charges are in connection with a business that Emery has operated for years over the Internet from offices in Vancouver, on Canada's Pacific Coast.

Emery, who has been nicknamed the "Prince of Pot," was arrested in Halifax, Nova Scotia, where he was on a visit. He is expected to have a hearing in a court in Vancouver next week for extradition proceedings, according to police officials.

Marijuana is a touchy issue in U.S.-Canada relations, with White House officials warning recently that a plan by Ottawa to decriminalize possession of small amounts of pot could lead to tighter security on the border.

U.S. officials allege that Emery has sold as much as C$3 million ($2.5 million) in seeds, according to the Canadian Broadcasting Corp.

Demonstrators protested outside the party's offices as police searched using a warrant that called for seizing materials and information, including the names of people who may have applied for work at Emery's business.

"We're disappointed and shocked that Canada would lay down its sovereignty to the United States and allow the United States government's draconian anti-marijuana war to creep into what otherwise was a much more rational system here in Canada," said Kirk Tousaw, the party's campaign manager.

Canadian police said no charges have been filed against Emery under Canadian law, but that they were investigating.

A spokesman for the Vancouver Police Department, Howard Chow, defended raiding the offices at the request of U.S. officials since Emery's seed business and other pro-marijuana activities have been well known for years.

"We received information for the United States and acted accordingly," Chow told reporters.

Emery, a Canadian citizen, founded the B.C. Marijuana Party several years ago. The party has fielded candidates in British Columbia's past two legislative elections but none have won.

The marijuana trade in British Columbia is worth more than C$6 billion annually, with most of the potent "B.C. Bud" grown in the province destined for the United States.



© Reuters 2005. All Rights Reserved.




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was hotlinktuna

08/01/05 3:57 PM

#414651 RE: Paul A #414589

Trying CMT 8.59 +.57 here Paul...lost on it the last time though...tuna