kmanso, yes they were suspended in August, but if you studied the history of the company through 2004 and 2005, you will see a drastic change in the management and progress since May 26th when Cimino came on board. Look at the progress they have made. It has been a new company since May 26th 2005 and will now transform into an even better company now that Cimino has delivered China, we have a new ceo coming on board and new management team with tpid-us after March 16th and they are supposed to be people that can handle a worldwide marketing effort.
TIMELINE FOR PROGRESS
2/10/06 – SSTY announces deal to acquire nasdaq bulleten board company.
2/07/06 – SSTY opens joint offices with affiliate china ministry of industry and commerce.
2/02/06 – SSTY announces new contract in china for jv the palace museum of china.
1/26/06 – SSTY announces new contract in china for jv major auto parts distributor of GM parts.
1/25/06 – SSTY announces plans for new venture with affiliate of china’s ministry of industry and commerce the china consumer journal; venture to have ability to police consumer counterfeit products including authority to search and seize.
12/14/05 – SSTY delivers first shipment of labels for Brand 315 during the china trademark festival.
12/07/05 – European subsidiary of Sure Trace, Globe Staff Consulting, successfully completes field audit with French Police of it’s mobile tracking module.
11/21/05 - SSTY's JV Signs Contract with Chinese Government-Sponsored Anti-Counterfeiting Network
11/16/05 - SSTY Seeks to Enter North American Market.
11/04/05 - Sure Trace Security Corporation Announces Agreement With Innov-X Systems, Inc.
10/31/05 - Sure Trace Security Corporation, Together With Its Joint Venture Partner, True Product ID (Beijing) Limited, Met With the Central Government Departments of China at the People's Hall In Beijing, China to Present Its Technologies and Services to Government Ministries Responsible for Internal and International Security Issues.
10/27/05 - Sure Trace Security Corporation Announces Approval of Globe Staff Consulting Acquisition By French Government.
10/20/05 - Sure Trace Security Corporation Announces Cooperation Agreement with Brand315.com in China.
10/18/05 - Sure Trace Security Corporation (OTC: SSTY) announced that its Chinese operating subsidiary, True Product ID Technology Limited, formerly Sure Trace Asia Limited, has, on October 4, 2005, signed an agreement with Gary Metzger, President of Amco Plastic Materials Inc. of Farmingdale, New York, to form a joint venture (JV) to utilize their anti-counterfeiting/authenticating systems in the Far East.
9/22/05 - Sure Trace Security Corporation Updates Financial Reports Available on Pink Sheets News Service.
9/08905 - Sure Trace Asia Limited and Beijing Suneray Jexin Technology Announce Opening of New Offices in Beijing BEIJING.
8/26805 - ; Company Files Litigation against Former Officials of Sure Trace; Company is Cooperating with U.S. and Canadian Investigations.
8/17805 - Sure Trace Security Corporation Participates in a Public Demonstration of the Anti-Counterfeiting Technologies Held in Beijing by Its Subsidiary Sure Trace Asia Limited and Its Joint Venture Partner, Suneray, on Wednesday August 17, 2005.
8/04805 - Sure Trace Responds to SEC Actions.
8/02805 - Sure Trace Plans Live Demo in Philippines; In Addition To Demos Planned In Beijing; Company Chairman Concludes Series Of Meetings In Philippines.
8/01805 - Sure Trace China Joint Venture Announces List Of Scheduled Attendees For Live National TV Demo.
7/29705 - Sure Trace China Joint Venture Receives Governmental Approval; Live Television Demo Planned.
7/27705 - Sure Trace Licenses Additional Technology For Use In China; Company Also Offers Details Of Previous Acquisitions; Hires CFO. has today announced that, it has entered into a binding agreement with Sensor Media Corporation (Sensor) through its subsidiaries, to utilize Sensor's licensed technology in China, Hong Kong and Macau. It has also been granted the sole option to acquire Sensor's three subsidiaries described below within 120 days of the execution of the agreement upon mutually acceptable terms.
7/12/05 - Sure Trace Security Corporation (OTC:SSTY) is pleased to announce that it has completed the acquisition of Globe Staff Consulting (GSC). China Joint Venture Meets With 2008 Chinese Olympic Officials.
6/17/05 - announced that, because of its completion of a highly successful demonstration of the Company's capabilities in Beijing, China, it has been able to reshape the framework of its China joint venture. The Company will now hold a majority interest in the joint venture vehicle as opposed to a minority position.
5/27/05 - Sure Trace Team En Route to Beijing, China; Group Includes Chairman, New Head of Operations & Sales, CTO and Other Outside Technical Advisors - Multiple Demonstrations Planned.
5/26/05 - Mr. Michael Cimino is retained as the new President and Vice-Chairman. Mr. Cimino, will coordinate and oversee the structure of any resulting relationship between the company and its Chinese partners.
(NOTICE THE GAP BETWEEN 4/20/04 AND 5/26/05 WHEN CIMINO CAME ON BOARD)
(CIMINO AND MACKAY SPENT A YEAR RESTRUCTURING AND PLANNING FOR THE PROGRESS THAT WE HAVE SEEN IN THE PAST NINE MONTHS)
4/2004 – Code of ethics for senior financial officers and the principal executive officer of Sure Trace established.
5/2003 – Resignation of old Accountant and engagement of new accountant.
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