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The revocation stands:
ORDER
It is ORDERED that the Motion to Set Aside the Default Judgment filed by Crys*Tel
Telecommunications, Inc. (n/k/a Fleet Management Solutions, Inc.), is DENIED.
________________________
Cameron Elliot
Administrative Law Judge
SUSPENDED:
The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EDT on October 24, 2012 and terminating at 11:59 p.m. EST on November 6, 2012:
• China Voice Holding Corp. (CHVC)
• China Yongxin Pharmaceuticals, Inc. (CYXN)
• Creative Technologies Holdings, Inc. (CRTV)
• Crestek, Inc. (CRST)
• Crys*Tel Telecommunications.com, Inc. (n/k/a Fleet Management Solutions,
Inc.) (FLMG)
• CSI Computer Specialists, Inc. (CSIS)
• CST Entertainment, Inc. (n/k/a Legacy Holding, Inc.) (LGYH)
http://www.sec.gov/litigation/suspensions/2012/34-68092.pdf
SEC Order:
http://www.sec.gov/litigation/suspensions/2012/34-68092-o.pdf
~ $FLMG ~ Possibly going long scan results (Daily and Weekly) for for the week of March 1st 2012 - Daily and Weekly views.
Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> FLMG <---
Keyword: MACDscan ----> http://tinyurl.com/MACDscan
This company really needs some good news. Like moving out of Greece.
This holiday week is the time to buy. If it's going to take off, it will start next week.
Yes check the Ibox!, For some reason it did not upload before..
Did you post DD on this stock?
Gap Finally filled on this one....0.019 or 0.017. Looks like the spot to re-entry for a gamble.
Last pump was on paid promotions like most of these pinkies. Next bounce will be purely technical and bail fast!
The fact that its Greece related doesn't help perhaps
FLMG looks like it has some nice potential here
I got it too...don't know how they got my email
I am going to post some DD on FLMG today!!
I almost bought stock in this one, but was scared of the pump and dump. New at this, any newsletters out that is current with up todate tips that are believable.
Fleet Management Sees Management Heading To The Exits Fleetingly
Fleet Management Solutions (FLMG) is giving it another go as plenty of additional insider stock needs to hit the streets. Participants in last August's campaign were currently enjoying a 75% hit before the current campaign began. The touts are being extra devious with this one, claiming that the company has millions of dollar in cash.
In actuality, the company last reported having $715K in cash and $1.4 million in receivables, which is not cash. They also owe $6.2 million, most of which is ledgered under Accounts Payable. In other words, FLMG is in a cash desperate position. The touts also claim that the company is worth $29 million, a number that we think was determined using lotto balls. That having been said, the market cap is already way past that lofty goal, when you consider the 41 million+ shares that are already out there and the 143,000 preferred shares that can and will be converted into 143,000,000 shares. That currently gives the company a virtual market cap of at least $92 million. Seriously. For a company that is practically insolvent. We don't know how FLMG is going to avoid further massive dilution, like it has already experienced.
Over the previous 12 months reported, shares were diluted by 56.4%. With the latest quarterly report expected any day, we think that the current PnD campaign was commenced ahead of some bad news, including that there is a lot more stock to be spilled out onto the streets.
Be careful out there!
www.pumpsanddumps.com
That "news" release for FLMG is pure BS.
A third party has hired and paid OTC Report twelve hundred and ninety five dollars for the publication and circulation of this news release.
I counted 6 paid promoters there old man!!
FLMG was the winner at Penny Stock Rumble today
end of day email came in http://www.pennystockrumble.com/penny-stocks/?p=1803
Agreed, it was pmped on Stockhideout as a paid promo this morning.....got to be fast on those.......lol
Email Frontloaders...Bailed early today!!!They are onto the Next One again....frontloading then Pump email alerts..
3 sites did this on FLMG...u gotta unload faster than them.lol
two DIFFERENT quotes from etrade and scottrade...etrade says .044 and scottrade says .056 WHICH one is it??!
Its posted on pinksheets for FLMG
http://www.otcmarkets.com/stock/FLMG/news
Anyone know the current O/S? Is it still 45.4 mil?
since 9/28 FLCR has held up great and FLMG has lost about 60 to 70 pct of it's Market Cap glad I bought both.
The news says its for a California company... and note both the physical address and the web address at the bottom of the page in the news release. Note the description of the company isn't anything like a description of FLMG...
FLMG is based in Athens, Greece, and operates an auto leasing and servicing business there... has a different web address... etc.
Doesn't appear they're related.
It's not an uncommon error, given a lot of companies will have more than one other using the same name in different locations.
The news says its for Fleet Management Solutions .. Thats what FLMG is right?
Could be because that news is for a different company...
What streamer is that? Equityfeed?
I dont see it on yahoo or anywhere else.
News on my streamer- no one buying
This news is huge. It needs to hit wires.
This could blow to High Heaven!
News hasnt hit any wires other than Equityfeed im showing.. NOthing on yahoo either..
lol no wonder its dead.
Maybe thats why its not going nuts.. Im blown away ..
11M float and huge news yet no buying..
FLMG news has not hit ihub flmg message board!
Tuesday, November 01 2011 7:01 AM, EST Fleet Management Solutions Wins Federal Bureau of Prisons Award For All-Satellite Asset Tracking PR Newswire "Press Releases US - English"
SAN LUIS OBISPO, Calif. , Nov. 1, 2011 /PRNewswire/ -- Fleet Management Solutions (FMS), one of the fastest growing providers of advanced telematics systems, today announced it has been selected by the US Justice Department , Federal Bureau of Prisons (BOP) to equip its fleet vehicles and other mobile assets, with their award-winning Fleet Director Global Iridium-based vehicle tracking and mobile resource management system. As specified by the BOP, all mobile assets must be monitored and tracked 24/7/365 with no interruptions in 2-way communications and/or coverage, have specialized security features ensuring the safety of personnel, and comprehensive data reporting at frequency intervals determined by its operations management. FMS' flagship solution, Fleet Director Global, utilizes the Iridium satellite network for continuous communications and network services around the clock. The Iridium network is the largest and only fully-meshed, secure satellite constellation in the world, making FMS ideal for meeting the unique and stringent requirements of the BOP.
The BOP consists of 117 institutions, 6 regional offices, a Central Office (headquarters), 2 staff training facilities, and 22 community corrections offices dispersed across the continental US, operating a range of specialty law enforcement and administrative vehicles. The FMS solution provides continuous location, direction, speed, and mission critical intelligence, including information combined with vehicle data such as engine activity, idle and stop data durations, all to ensure every asset's location and status is monitored and known, on demand, at any time, all of the time, regardless of geography or topography.
In addition, 2-way text communications via all-satellite in-cab message terminals between drivers and dispatch provide a robust, efficient and easy to use and reliable method for directing resources and responding to situations that may be urgent. Indication of an emergency may be communicated via alerts to any text enabled device via the in-cab "panic button" or message display terminal a mandatory feature required by the BOP. All panic-button messages use the highly reliable Iridium satellite communication network and are delivered via FMS Fleet Director Global in near real-time. Complete history of data will also be available and readily accessible at a moment's notice.
"FMS has a proven track record of delivering advanced telematics solutions that meet the fleet tracking, safety and strict security regulations for government and military applications," said Cliff Henley , FMS chief executive officer. "Fleet Director Global combined with Iridium-based communications, continues to prove its value where high security and mobile resource management requirements demand visibility and data transmission, regardless of telecommunications infrastructure or geography. We are extremely pleased to receive this award from the BOP, and are confident that Fleet Director Global will become a vital tool in meeting their challenges."
About US Department of Justice , Federal Bureau of Prisons
The Bureau is responsible for the custody and care of approximately 218,000 Federal offenders. Approximately 82% of these inmates are confined in Bureau-operated facilities, while the balance is confined in secure, privately managed or community-based facilities and local jails.
The Bureau consists of 117 institutions, 6 regional offices, a Central Office (headquarters), 2 staff training centers, and 22 community corrections offices. The regional offices and Central Office provide administrative oversight and support to Bureau facilities and community corrections offices. In turn, community corrections offices oversee residential re-entry centers and home confinement programs.
About Fleet Management Solutions
Fleet Management Solutions, Inc. (www.fmsgps.com) systems deliver measurable improvements in asset utilization, fleet safety and security, and productivity with rapid ROI. FMS serves customers in government, military, energy, construction, mining and logistics industries.
In 2010, FMS combined businesses with Teletrac, Inc. (www.teletrac.net). The combination of FMS' market-leading, satellite-based tracking solutions for remote mobile assets and Teletrac 's award-winning fleet management and vehicle tracking technologies, has resulted in a broad, complementary product portfolio.This is enabling FMS and Teletrac to facilitate the adoption of these new technologies by organizations that have multiple fleets and/or mixed fleets with varying requirements for security, communications, ruggedness, price sensitivity, and timely access to data.
Together, FMS and Teletrac are serving more than 10,000 fleets of all sizes, equipping more than 200,000 vehicles, in more than 75 countries.
Most recently, Fleet Management Solutions was named to the Inc. 500|5000 for the fifth consecutive year, achieving 182% growth over the last 3 years.
FMS is headquartered in San Luis Obispo , CA.For additional information, visit www.fmsgps.com.
SOURCE Fleet Management Solutions
where's the News (flmg) I don't see it
Huge news out today.. GOVT contracts.
Either FLCR or FLMG not sure which is the better buy. maybe both will double for me.
Nice gain, but not much volume. I can't find any recent news since a month ago. Maybe there's some life in FLMG after all.
Just needs a little volume or the mm are going to short this.
UPDATE on Head & Shoulder's Bottom - The price is behaving as expected following a return to the neck line. The price showed good support at a newly established trendline. The current rally has been supported by a good increase in volume and the market has managed to stay above the 200 Day SMA. So, there is every indication from a technical point of view that this rally should continue now.
We do not necessarily need to see the price reach an Oversold reading prior to buying here. In a new bull market it is common for the RSI to stay above 50 and for the Stochastics and Williams %R to remain in the top half of the range while the market is climbing. I would be a buyer at $0.045 because a dip below the trendline is not out of the question and there is moving average support for the price there.
FLMG - Daily Candlesticks
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FMS HELLAS S.A.
FMS HELLAS S.A., activities are concentrated at the market of the Fleet Management especially for automotive. The company offers to its customers, services based on its 20-year expertise in conjunction with the usage of "state of the art" services and technologies.
Company | F.M.S Hellas S.A. |
Address | 40 KIFISOY AV., RENTI ,GREECE |
Phone | +30-210-94.08.298 |
Fax | +30-210-94.20.590 |
info@fms-greece.com | |
Web Page | http://www.fms-greece.com |
Type of Company | Societe Anonyme |
Employees | 15 |
Subject | Fleet Management Solutions |
FMS HELLAS S.A. products and services are under continuous research and development, in pursuit of the basic mission of the company to be a major player in the market of the after sales services and re-marketing relative to the fleet management of the leased cars.
FMS HELLAS S.A. offers services that are pioneer and innovator for the Greek market and are characterized by a high market acceptance index, as these products are offered to a big market that has already faced up the problems which FMS services can solve.
FMS HELLAS S.A. is trying to continuously maintain the highest level of customer support and customer satisfaction.
The solutions that are offered by FMS HELLAS S.A. are covering all the after sales management needs of the companies that provide Automotive Leasing solutions.
FMS HELLAS S.A. offers services, to its customers, that minimize the - highly fluctuant - operational and management risk helping them to provide competitive leasing products.
The company provides solutions covering the fields of:
CALL CENTER
MAINTENANCE FIXED COST
ACCIDENT MANAGEMENT
RE-MARKETING
ROAD ASSISTANCE
FLEET MANAGEMENT TELEMATICS
The company uses the following sites in order to offers its services and products:
MOSCHATO, 400 m2
KIFISOY AVENUE , 1600 m2
THESSALONIKI, 1500 m2
FMS HELLAS S.A. currently operates on the following projects:
Customers
Did You Know:
FLMG business has flourished and has never been better regardless of the austerity build up states CEO Evangelos Alexandris.
Furthermore, all while the euro has been selling off, FLMG has climbed back in the black to profitability and is generating record revenue.
With decades of experience providing fleet management services and solutions, it sure is no wonder why FLMG has grown over 300 % in the last 3 years.
Inside the StockRunway numbers...
Investors are starting to sink their teeth into these figures. FLMG currently holds more than $4 million in assets coupled with $2 million in revenues filtering in on a quarterly basis -- although its 38 million shares have a price tag of only $.04 each!
After Sales Management for fleet of ETHNIKI Leasing and other Leasing Companies
Mobile Care - Project Management
Project Management Honda Assist
Extended Warranty - Project Management
WURTH - WOW Product
After Sales Representation
After Sales Customer Support
Technical Support (Greece - Cyprus)
HONDA E.T.S (Emergency Tracking System)
Special Insurance Projects
VRS's projections for the 5-year period 2011-2015 and applying the Discounted Cash Flow (DCF) methodology for a conservative growth scenario, the fair value of the Company accounts for euro 21,883,880 (more than US$29 million ).
ATHENS, Greece , Dec. 12, 2011 /PRNewswire/ -- Fleet Management Solutions Inc. (OTC: FLMG.PK), a provider of numerous comprehensive automobile fleet management solutions, is pleased to announce that the company received a business valuation opinion from an independent firm, Valuation & Research Specialists (VRS).
Based on VRS's projections for the 5-year period 2011-2015 and applying the Discounted Cash Flow (DCF) methodology for a conservative growth scenario, the fair value of the Company accounts for euro 21,883,880 (more than US$29 million ).
Valuation & Research Specialists have applied the DCF methodology which is the most widely accepted approach for corporate valuation and provides a greater depth of understanding of the Company's dynamics (note that the method incorporates best the Company's growth prospects over the next 5 years).
The DCF valuation, adopts the following procedure. By projecting the Company's operating profits, and then adjusting for taxes, depreciation, capital expenditures and working capital, then end up with the future free cash flows to the firm. Discounting those cash flows with the weighted average cost of capital (the interest rate that weighs both own capital and debt employed by a company), then end up with the Company's enterprise value, also known as EV that equals with equity value (or market capitalization) plus debt minus cash.
Fleet Management Solutions Inc. CEO Evangelos Alexandris stated, "The Valuation Opinion is within the range we were
expecting. We undertook this fair value to assist the FMS Board in evaluating potential transactions and be in a much better
position to make decisions in the best interest of FMS partners and shareholders."
For the full news release source click here: http://finance.yahoo.com/news/Fleet-Management-Solutions-prnews-1510189812.html?x=0
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