Archive for the 'Investing' Category
BOCA RATON, Fla.–(BUSINESS WIRE)–China Voice Holding Corporation (CHVC) (OTC:CHVC), announced today that their China subsidiary, Beijing CandidSoft Technology Co. Ltd. (CandidSoft), had been advised by China Netcom (CNC) that the initial budget for CandidSoft’s SKY O/A private branded software licenses would be up to $6,500,000 through June, 2008. CHVC recently announced the signing ceremony with CNC of Guang Xi Province.
CHVC’s President and CEO Bill Burbank said, “CNC has budgeted up to $500,000 for the remainder of 2007, and up to an additional $6,000,000 through June, 2008 for SKY O/A software licenses. SKY O/A will be private-labeled under the ‘CNC Service’ brand as an enhanced service offering called ‘ICT Business’. This initial commitment is in line with the model that we expect to adopt throughout the China market. Because CHVC has focused up to now on our large government contracts, the Company has not pursued the private sector other than a few large enterprise companies. This new private label software licensing model through telecom carriers will enable CHVC to reap the benefits and profits from the private sector while staying focused on deploying our government contracts. In addition, because China Netcom has been very supportive of our Company, we have utilized CNC for their fixed line service needed to support our government contracts in the Guang Xi Province.”
China Netcom is China’s number two broadband communications and fixed-line telecommunications operator. CNC employs over 140,000 people, trades on the New York and Hong Kong Stock Exchanges and has annual revenues approaching $11.5 billion. China Netcom services every Province in China. In the Beijing Municipality, Tianjin Municipality, Hebei Province, Henan Province, Shandong Province, Liaoning Province, Heilongjiang Province, Jilin Province, Neimenggu Autonomous Region and Shanxi Province, CNC is a dominant provider of fixed-line telephone services, broadband and other Internet-related services, as well as business and data communications services.
CandidSoft is an international software company based in the Zhong-Guan-Cun Science and Technology Park in Beijing, China. CandidSoft has used local expertise to research, develop, and establish information and communication platforms for business and government applications. CandidSoft uses “SKY O/A” as the product trademark and separates products into three general categories: O/A Cooperative Office Solutions, O/A Integrated Office Solutions, and O/A Unified Processing Solutions. The Company provides office automation and integration services to government, academic and commercial customers and has developed China’s first patented Office Automation application, in large part guided by the needs of Chinese Government Agencies. This platform was designed for flexibility and may be easily modified or extended to meet the specific needs of each Chinese Government Agency or Large Enterprise Company. SKY O/A™ uses a web-based technology and allows multiple workers to collaborate on a single project. The SKY O/A™ Office Automation platform currently supports over one million users within China.
China Voice Holding Corp. (”CHVC”) is a U.S. public holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the People’s Republic of China and the U.S. Through its subsidiaries, the Company provides Voice over InternetProtocol (”VoIP”) telephone services, office automation, wireless broadband, unified messaging, video conferencing, mobility services and other advanced voice and data services in China, where the Company has obtained full legal status as a licensed telecommunications company. The Chinese telecommunications market is the largest and fastest growing in the world. CHVC’s focus is on providing its innovative and patented voice and data solutions to government agencies and large enterprises in China. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol “CHVC”. Upon obtaining audits of prior fiscal years, the Company plans to file with the Securities & Exchange Commission (”SEC”) to become a full-reporting company, at which time it will apply for a listing on the NASDAQ or the AMEX; and is on schedule to complete these filings in early 2008. Prior to the filing of periodic reports to the SEC, the Company is providing publicly-available financial statements and other current information at the pinksheets.com website. Additional information may be found at www.chvc.com.
Forward-Looking Statements
The foregoing, including any discussion regarding the Company’s future prospects, contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Company; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Company to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Company to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Company’s actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Company’s anticipated filings with the Securities and Exchange Commission.
I have covered CHVC.PK in the past and I have to say that you may be able to make some quick money on this one Monday morning. On Friday (before this release came out) the stock fell under $1.00 a share. It is currently trading at $0.97 per share.
LONDON–(BUSINESS WIRE)–Global initial public offering (IPO) activity reached record levels in 2007, with capital raised at an all-time high and the number of companies choosing to go public in the first 11 months of this year exceeding the whole of 2006, according to figures released today by Ernst & Young.
From January through November 2007, US$255 billion was raised globally through 1739 IPOs – compared to US$246 billion raised in 1729 deals in the whole of 2006. The year-end spike in IPO activity seen in 2006 looks likely to be repeated in 2007 with preliminary data for the first two weeks of December indicating a further US$18 billion raised in 91 IPOs.
This record level of activity has been achieved despite the absence in 2007 of the mega-deals seen in recent years. The largest IPO of 2007 to date was Russia’s VTB Bank, which raised US$8.0 billion, some way short of Chinese bank ICBC’s US$22 billion, the largest IPO of last year.
IPO activity continues to be driven by the emerging markets, which accounted for the majority of the largest deals of the year – 14 out of the top 20 IPOs, compared with nine of the top 20 in 2006. By industry, financial companies continue to dominate, representing one-quarter of all funds raised. Industrial and real estate also accounted for some of the biggest deals of 2006.
Brazil, Russia, India and China – the so-called BRIC countries – have raised US$106.5 billion in 382 deals so far this year, compared with US$89.6 billion raised in 302 deals in the same period of 2006. Of that group China generated more IPOs (209) than Russia, Brazil and India combined (173).
Worldwide, China, the US and Brazil were the market share leaders by capital raised with US$52.6 billion, US$38.7 billion and US$29.0 billion raised respectively. China also led the way in terms of the number of listings with 209, ahead of Australia and the US with 189 and 178 IPOs respectively.
“The increased activity across the emerging markets stems from the growth of their economies and the ongoing globalization of the capital markets. This has seen the rise of new world-class financial centers, investors look further afield for investment opportunities, and the continuing trend of companies looking to list on domestic exchanges – almost all of the top 20 IPOs in 2007 went public in their home countries,” Gil Forer, Global Director of IPO Initiatives at Ernst & Young, said.
“The surge in IPO activity in China is a clear reflection of the growth in the Chinese economy and the confidence investors have about putting their money into China,” Forer said. “Conversely, some of the mature markets saw a drop in the number of IPOs in the second half of 2007, which could be attributed to the high volatility of the markets.”
Unsurprisingly, Asia-Pacific accounted for 46% of IPOs worldwide, ahead of Europe, the Middle East, and Africa (EMEA) with 35%, and North America with 14%. EMEA and Asia-Pacific have the greatest market share of capital raised with 38% and 32% respectively, eclipsing North America (16%) and Central & South America (14%).
The total share of the leading exchanges was down this year from 51% to 45% by number of listings, and from 72% to 58% by total capital raised. Despite accounting for only 4% of the total number of IPOs so far this year, HKSE was the leading exchange by capital raised, attracting a 13% market share, mainly due to having some of the year’s largest listings, including China CITIC Bank and China Railway.
NYSE was ranked second by capital raised (11%), attracting 3.6% of total listings driven by a number of large US deals, including Blackstone Group and MF Global. Although only 2% of IPOs through November listed on LSE, it attracted 10% of capital raised, mainly through a few large Russian deals, including VTB Bank and Pik Group.
“Despite ongoing market uncertainty, the pipeline of IPO-ready companies looking to list in 2008 looks healthy, especially across the emerging markets,” Forer concluded.
About the report
The data presented in Ernst & Young’s year-end Global IPO report is from Dealogic, Thomson Financial and Ernst & Young. The data focuses on IPOs of operating companies, and we define an IPO as: a company’s first offering of equity to the public.
Only those IPOs for which Dealogic, Thomson Financial and Ernst & Young hold data regarding the issue date (the day the offer is priced and allocations are subsequently made), trading date (the date on which the security first trades) and proceeds (funds raised including any over allottment sold) are included. Postponed IPOs or those which have not yet priced are therefore excluded.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. For more information, please visit www.ey.com.
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
This news release has been issued by EYGM Limited, a member of the global Ernst & Young organization that also does not provide any services to clients.
CHICAGO–(BUSINESS WIRE)–USTelematics, Inc. (OTC:UTLM), deploying proprietary technology and market-disruptive products at the forefront of the connected-car revolution, has incorporated access to a broad range of programming from the Walt Disney Co., (NYSE:DIS) into USTelematics’ Voyager Mobile IPTV product line. Voyager’s Program Guide and rear-seat video monitor will provide full, real-time access to Disney.com online kids gaming, streaming TV, as well as music and movies.
“Adding Disney content supports our high-growth business strategy to capture significant market share by offering a unique line of next-generation entertainment and communications products for passenger vehicles,” said Howard Leventhal, Chief Executive Officer of USTelematics. “The Disney content becoming available should act as a powerful sales driver for Voyager.”
The Company is positioning itself as a technology leader in the projected $58 billion telematics market, offering competitively advantageous connected-car products that provide entertainment, communications and productivity solutions for drivers and their families while on the road.
Voyager’s exclusive Program Guide will provide customers and their children with rear-seat access to many of the most popular Disney characters, names and themes. These include but are not limited to programming revolving around such entertainment icons and content as Hannah Montana, Pirates of the Caribbean, High School Musical, Disney Princess, Power Rangers, Cheetah Girls, National Treasure, Enchanted, Ratatouille, Jungle Book and many others.
USTelematics’ advanced product lines include Voyager™ Mobile IPTV and rear-seat entertainment system, and the Company’s Vivee™ voice enhanced mobile messaging products. Voyager will be presented to the consumer electronics industry during the upcoming 2008 International Consumer Electronics Show (CES), to be held January 7-10, 2008, in Las Vegas, Nevada.
USTelematics’ Voyager brand of wireless mobile internet protocol TVs (IPTV) for rear-seat passenger vehicle infotainment integrates a broad suite of features and functions, including the creation of a mobile Wi-Fi internet hotspot to enable online computer usage in the car and on the road, as well as DVD, movies, TV, Xbox and other computer games, and more.
USTelematics Vivee™, for Voice Interactive Voice Enhanced Email & SMS Texting software and service, is an innovative voice-interactive solution to enable drivers to safely receive and send written electronic communications. Vivee uses an animated avatar to speak incoming emails and text messages aloud, and enables drivers to respond via voice commands. Vivee lets busy professionals and other drivers stay connected while keeping their hands on the wheel and their eyes on the road.
About USTelematics
US Telematics, Inc. (“USTelematics” or the “Company”) is engaged in the development and commercialization of next-generation, proprietary technologies to revolutionize the “wired car,” delivering high speed data and entertainment content to private and commercial vehicles. The Company is addressing high-growth opportunities in the projected $58 billion global telematics marketplace with proprietary technologies that enable a full range of voice-driven handheld and automotive mobile communications, full internet connectivity and rich infotainment options. With products that provide a full range of next-generation rear seat infotainment, USTelematics is offering an advance over the old DVD-only systems that still represent the current standard in the rear seat entertainment industry.
To learn more, please visit http://www.USTelematics.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/utlm.
To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/utlm/quote.html.
Forward-Looking Statements
The information herein contains forward-looking statements. All statements other than statements of historical fact made in report are forward-looking. In particular, the statements herein regarding industry prospects and future results of operations or financial position are forward-looking statements. These forward-looking statements can be identified by the use of words such as “believes,” “estimates,” “could,” “possibly,” “probably,” anticipates,” “projects,” “expects,” “may,” “will,” or “should” or other variations or similar words. No assurances can be given that the future results anticipated by the forward-looking statements will be achieved. Forward-looking statements reflect management’s current expectations and are inherently uncertain. Our actual results may differ significantly from management’s expectations.
INDIANAPOLIS–(BUSINESS WIRE)–Republic Airways Holdings Inc. (NASDAQ:RJET) announced today that its board of directors has authorized the purchase of up to $100 million of the company’s common stock. The shares will be purchased on the open market or through privately-negotiated transactions from time-to-time during the twelve month period following the authorization. Under the authorization, the timing and amount of purchase would be based upon market conditions, securities law limitations and other factors. The stock buy-back program does not obligate the company to acquire any specific number of shares in any period, and may be modified, suspended, extended or discontinued at any time without prior notice.
“We remain committed to delivering value to our shareholders,” said Bryan Bedford chairman, president and chief executive officer of Republic Airways. “Our business model is structured to provide Republic with long-term, secure and predictable earnings and cash flows regardless of whether or not the major airlines undertake consolidation. The company’s growth plans are firm with 31 aircraft scheduled for delivery by the end of the first quarter of 2009. We have financing commitments in place at attractive, fixed rate terms for a majority of the 31 firm aircraft. We strongly believe our company is well positioned with the right mix of partners and aircraft.”
Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America. The airlines offer scheduled passenger service on over 1,200 flights daily to 119 cities in 39 states, Canada, Mexico, Jamaica and the Bahamas through airline services agreements with six U.S. airlines. All of the airlines’ flights are operated under their airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, Frontier Airlines, United Express and US Airways Express. The airlines currently employ over 4,600 aviation professionals and operate 217 regional jets.
LONDON–(BUSINESS WIRE)–The individual assets of pension fund trustees’ need greater protection according to ACE European Group (ACE) (NYSE:ACE). ACE believes many trustees face unnecessary risks through the focus on liability insurance cover for the company rather than the trustee themselves.
The Pension Act 2004 has already created a heightened risk that trustees may breach the increasingly complex responsibilities they face and consequently find their personal assets at risk. Some markets have removed forward cover for trustees where the sponsoring employer merges or is acquired or where the fund goes into run-off. The additional exposures this creates place an unacceptable burden on trustees.
Speaking at the launch of ACE Elite, a portfolio of liability products designed to provide more relevant and appropriate protection in addressing the increased exposure of individuals and their personal assets, Emma Watkins, Pension Trustee Liability (PTL) specialist and Product Manager at ACE said: “PTL insurance offers wide cover for the individual, sponsoring employer and the pension scheme itself. However, there is a risk that when insurers focus on providing cover for the company this can divert protection away from the individual, therefore exposing trustees to unnecessary risk.
“ACE Elite PTL adopts a more direct approach and backed up by our robust underwriting and pricing strategy, we aim to redress the balance for trustees.”
PHILADELPHIA–(BUSINESS WIRE)–The Pep Boys – Manny, Moe & Jack (NYSE:PBY), the nation’s leading automotive aftermarket retail and service chain, announced that it will require additional time to complete its Form 10-Q for the quarterly period ended November 3, 2007 in order to finalize the accounting for its previously announced store closures.
In its press release dated November 27, 2007, the Company announced the closure of 31 low-return stores and its expectation to incur pre-tax charges of approximately $17.0 million related to the store closures in the fourth quarter of fiscal 2007. While the Company does not expect the aggregate amount of the store closure charges to exceed the previous estimate, it has determined that a portion of such pre-tax charges, related to the impairment of stores, should be recorded in the third quarter. The Company expects the remainder of the store closure charges to be incurred in the fourth quarter.
The Company expects to File its Form 10-Q for the quarterly period ended November 3, 2007, reflecting the incurrence of such charge, with the Securities and Exchange Commission on or before December 18, 2007 and will file a Form 8-K/A amending its Form 8-K dated November 27, 2007 to furnish revised unaudited supplemental financial data reflecting the incurrence of such charge.
Pep Boys has over 560 stores and approximately 6,000 service bays in 35 states and Puerto Rico. Along with its vehicle repair and maintenance capabilities, the Company also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States. Customers can find the nearest location by calling 1-800 - PEP-BOYS or by visiting pepboys.com.
Certain statements contained herein constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The word “guidance,” “expect,” “anticipate,” “estimates,” “forecasts” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements include management’s expectations regarding future financial performance, automotive aftermarket trends, levels of competition, business development activities, future capital expenditures, financing sources and availability and the effects of regulation and litigation. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. The Company’s actual results may differ materially from the results discussed in the forward-looking statements due to factors beyond the control of the Company, including the strength of the national and regional economies, retail and commercial consumers’ ability to spend, the health of the various sectors of the automotive aftermarket, the weather in geographical regions with a high concentration of the Company’s stores, competitive pricing, the location and number of competitors’ stores, product and labor costs and the additional factors described in the Company’s filings with the SEC. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
CHATSWORTH, Calif.–(BUSINESS WIRE)–North American Scientific, Inc. (Nasdaq:NASI) today announced that it received a letter from The Nasdaq Stock Market (“Nasdaq”) dated December 11, 2007 providing formal notice that the Nasdaq Listing Qualifications Panel has granted the Company’s request for a transfer from the Nasdaq Global Market to the Nasdaq Capital Market, and continued listing on the Nasdaq Capital Market, subject to the following exception:
- On or before January 17, 2008, the Company shall inform the Panel that it has received funds sufficient to put it in compliance with the Capital Market shareholders’ equity requirement of $2.5 million. Within four business days of the receipt of the funds, the Company shall make a public disclosure of receipt of the funds and file a Form 8-K with pro forma financial information indicating that it plans to report shareholders’ equity of $2.5 million or greater for the fiscal year ended October 31, 2007.
- On or before January 31, 2008, the Company shall file its Form 10-K for the fiscal year ended October 31, 2007 which shall demonstrate shareholder’s equity of $2.5 million or greater.
The Company’s presentation and pro forma projections convinced the Panel that the fund raising activities being undertaken by the Company would allow it to regain compliance with the Global Market shareholder’s equity requirement within a reasonable period of time, and will also qualify the Company for listing on the Capital Market. While the launch of the Company’s new product, coupled with growth in sales of its core business, may also allow the Company to maintain compliance with Global Market standards over the longer term, the Company has requested a transfer to the Capital Market, where it need maintain only a $2.5 million shareholder equity minimum. The Panel agreed with the Company that a move to the Capital Market is a prudent move that would serve the Company and investors well.
The Company’s listing on the Nasdaq Capital Market is contingent upon the successful completion of an application and review process. That process will require the Company to file an application for listing on the Nasdaq Capital Market and pay any applicable fees by no later than December 18, 2007. In order to fully comply with the terms of this exception, the Company must be able to demonstrate compliance with all requirements for continued listing on The Nasdaq Capital Market and gain approval of its listing application. In the event the Company is unable to do so, its securities may be delisted from The Nasdaq Stock Market.
About North American Scientific
North American Scientific is a leader in radiation therapy in the fight against cancer. Its innovative products provide physicians with tools for the treatment of various types of cancers. They include Prospera® brachytherapy seeds and SurTRAK™ needles and strands used primarily in the treatment of prostate cancer. In addition, the Company has been gaining clinical experience with its first generation ClearPath™ multi-channel catheter breast brachytherapy devices in 2007, and intends to launch the second generation devices in 2008. They are the only such devices approved for both high dose and continuous release, or low dose, radiation treatments. The devices are designed to provide flexible, precise dose conformance and an innovative delivery system that is intended to offer the more advanced form of brachytherapy for the treatment of breast cancer. Please visit www.nasmedical.com for more information.
Statements included in this release that are not historical facts may be considered forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company including, but not limited to, the impact of competitive products and pricing, technological changes, changes in relationships with strategic partners and dependence upon strategic partners for the performance of critical activities under collaborative agreements, the ability of the Company to successfully directly market and sell its products, uncertainties relating to patent protection and regulatory approval, the stable supply of appropriate isotopes, research and development estimates, market opportunities, risks associated with strategic opportunities or acquisitions the Company may pursue and the risk factors included in the Company’s filings with the Securities and Exchange Commission. Any forward-looking statements contained in this news release speak only as of the date of this release, and the Company undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future results or otherwise.
ST. LOUIS–(BUSINESS WIRE)–Charter Communications, Inc. (NASDAQ: CHTR) today announced it has accepted recognition as Multi-System Operator (MSO) of the Year by CableWorld Magazine, a publication of Access Intelligence, LLC. The MSO of the Year cover story will appear in the December 17, 2007 edition of CableWorld magazine.
Charter’s Chief Technology Officer, Marwan Fawaz, accepted the award today at a luncheon in New York and said, “We are honored to receive such recognition. We have made significant strides in improving our operations, yet everyone in our organization understands there is much work to be done. This award helps affirm our belief that we are headed in the right direction.”
CableWorld cited a number of noteworthy accomplishments as rationale for choosing Charter to receive this recognition. Charter has addressed its nearest-term debt maturities; Charter has rapidly expanded its telephone footprint to take advantage of the triple-play offering; and Charter has developed a consistent, data-driven marketing plan.
Neil Smit, President and Chief Executive Officer of Charter, said, “This is a tremendous honor and it speaks to the efforts of over 16,000 Charter employees. At Charter we are focused on delivering a quality end-to-end customer experience and providing an exceptional value through the Charter Bundle. This focus has contributed to improving the Company’s performance and that is something of which all our employees should be proud.”
Charter Communications needs all the good news it can get!
I took an interest in Charter stock back in late October. Just around the time of the California wild fires Charter stock fell from the high $2.70’s down to $2 a share. I bought some shares expecting the price to go back up after the earnings report only to see it drop down to the low $1.20 range. OUCH!
Since that time Charter stock has struggled to gain any ground at all and even with its low price there have been many other stocks in the tech and telecom sectors that have shown themselves to be far more profitable (AT&T for one).
I think Charter will recover (at some point) I just do not see it being a worthwhile investment until mid-January at the earliest. Too much money is being spent on gadgets and tech toys to bother investing money in Charter. After all of the post-holiday profit reports come in I’ll cash out of the tech-toy stocks and look at Charter again.
IRVINE, Calif.–(BUSINESS WIRE)–ShotPak, Inc. (Pink Sheets:SHTP - News) today announces a technology transfer to the Beverage Pouch Group of Sarasota, Florida. The Directors of ShotPak Inc. at a special meeting of shareholders approved the technology transfer and certain assets to the Beverage Pouch Group of Florida. The transfer of technology covers their very popular flavored cocktail formulae and technical know how for filling and mixing of these products.
ShotPak Inc. offers four Ready-to-Drink cocktails, the popular Kamikaze, the Purple Hooter, the Sour Apple and the Lemon Drop. All products are premium vodka based flavored shots. The vodka goes through a quadruple distilling process to meet the required technical standards for the shelf stable formulae.
Bill Marin, President of ShotPak, Inc. commented, “This technology transfer was the next step in growing the Company and expanding into more markets at minimal cost. We will receive a royalty payment per case produced and 15% equity in BPG, thus ensuring our growth beyond the present flavors and straight product line. BPG will manage the total production and marketing of the products.”
R. Charles Murray, CEO of BPG further commented, “This technology transfer deal between our Companies complimented the synergies that both Companies have. BPG already sells pouches for wine based cocktails and thus the ShotPak vodka based cocktails will compliment this market segment seamlessly. BPG offers both the patented pouch and machinery thereby ensuring that ShotPak will always be the low cost producer, while having the latest pouch technology available. In addition we plan to continue selling ShotPak products into the international market place where BPG already trades on a daily basis.”
You can read more of my news about ShotPack here.
IRVINE, Calif.–(BUSINESS WIRE)–ShotPak, Inc. (Pink Sheets:SHTP - News) today announced that neither the Company nor any known associates of the Company are in any way associated with any unsolicited emails, facsimiles, text messages, or any other form of “spam” marketing materials that have recently been circulating. If you receive, or have received any communications regarding ShotPak that you feel fall into this category, or would like further clarification, please contact the Company directly by Phone 800.511.5609, or Fax 949.589.7726. Should you have any questions regarding the Company or its stock, we recommend that you contact the Company directly or seek advice from your broker.
Bill Marin, President of ShotPak stated, “We are working hard to achieve shareholder value through the increase in earnings and the development of the business. We are very excited about achieving world wide distribution with our aggressive rollout plan, and are confident that the consumers throughout the United States will quickly help to make ShotPak a household name once our products hit their local shelves.”
You may recall that I wrote previously about the spam I received about ShotPack.
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