YOU BET THIS IS NEWS! THIS HUGE CONTRACT WILL HELP TALL THEIR GOAL OF 20 MILLION IN SALES THIS YEAR.
Check my post below, we've been anticipating the close of this deal. Tried to tell everyone last week that the ceo mentioned that they would be releasing a PR soon. He did not lie.
quote: posted February 01, 2005 06:27 PM Rumour has it that they are going to release another PR very soon about a big contract. If this happens and we can break .034-.035 then we could see a run.
Here is my DD on the rumour:
quote: Hopefully in the next 48 hrs
Peter Hamilton President & CEO ActiveCore Technologies Inc. 156 Front Street West, Suite 210 Toronto, Ontario M5J 2L6 Tel: (416) 252 6200 Ext 312 Fax: (416) 252 4578 Mob:(289) 242 6200 Email: phamilton@activecore.com
-------------------------------------------------------------------------------- From: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Sent: Tuesday, February 01, 2005 7:24 PM To: Peter Hamilton Subject: RE: Uk contract
Wow, I’m excited now!
How long does it take to have it processed, finalized, and announced?
-----Original Message----- From: Peter Hamilton [mailto:phamilton@activecore.com] Sent: Tuesday, February 01, 2005 4:23 PM To: xxxxxxxxxxxxxxxxxxxxxxxx Subject: RE: Uk contract
We invoiced today and hope to have contract back later this week
Peter Hamilton President & CEO ActiveCore Technologies Inc. 156 Front Street West, Suite 210 Toronto, Ontario M5J 2L6 Tel: (416) 252 6200 Ext 312 Fax: (416) 252 4578 Mob:(289) 242 6200 Email: phamilton@activecore.com
-------------------------------------------------------------------------------- From: xxxxxxxxxxxxxxxxxxxxxxxxxxxxx Sent: Tuesday, February 01, 2005 7:19 PM To: Peter Hamilton Subject: Uk contract
Hi Peter, how’s the UK contract going? Are we close to getting it done?
posted
Last I checked it needs to hit about .035 to break out. News needs to circulate and be digested by investors. I think that once we see a 10Q with some solid numbers and filed on time then things will ramp up to new levels and we wont be able to buy at .03 anymore.
DD the last 6 PR's and sales start adding up fast which can make for a great Q!
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posted
That is what i'm holding out for. Did alot of dd on this and bought at .028, hoping for breakout in the near future. DD looks pretty solid.
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posted
All buys coming in at the ask right now. With the TN interview plus this morning's PR we should see some action this afternoon IMO.
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Rochester, NY, Feb 08, 2005 (M2 PRESSWIRE via COMTEX) -- yyyyyyyyyyyyy.com`s "Stock Watch Alert" this morning are Strat Petroleum, Ltd. (Pink Sheets: SPRL), BSI2000, Inc. (OTC Bulletin Board: BSIO), CYOP Systems International Inc. (OTCBB: CYOS), IVP Technology Corporation (OTCBB:TALL).
IVP Technology Corporation (OTCBB:TALL - http://finance.yahoo.com/q?s=TALL.OB ): ActiveCore Technologies Inc. formerly IVP Technology Corporation announced today that its UK subsidiary, Twincentric Limited has signed a five year, multi million dollar contract to provide software and services to one of the UK's most successful manufacturers.
Under the terms of the agreement, Twincentric will provide technical support, assistance and application management to assist this customer in its strategic move to a new hardware and ERP software platform. Twincentric's detailed knowledge of past and current technologies and its experience in assisting technology transitions faced by mainframe users was a key factor in winning this prestigious contract.
Tony McGurk, VP Europe commented, ``One of the major factors in winning this contract was the customers' existing experience in using our Net.Visual product. We have worked with them for a number of years and have proved time and time again that we are able to deliver high quality applications on time and at a competitive price. The size of this contract and the extra potential it offers Twincentric as a company is a tribute to the quality of both our staff and our software.''
Peter Hamilton, President and CEO of ActiveCore Technologies said, ``I am delighted that our UK subsidiary has secured this major order and it is evidence of the quality of both our people and our products. This order confirms that all divisions of our business are operating effectively. Earlier in 2004 we previously projected this contract to close in the 2004 fiscal year and on that basis had indicated an e.p.s between $.005 and $.01 cents per share on a weighted average 445,000,000 shares outstanding for the full fiscal year.
In late 2004, after the delay in signing this contract was announced, we subsequently revised our estimated earnings down to an approximate e.p.s of $.005 cents per share for the 2004 fiscal year which remains our current projection. We have been requested to not disclose the name of the customer for reasons of commercial privacy.''
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