posted
Thanks, DDA. When the PR is out, she will get to fly. Remember that IGAI got the run only after the PR is out. So the MMs keep the pps down today.
posted
cool, thanks for the reply Jim, just curious. Companies can come out with stellar financials and it tanks, they can come out with so-so fins, and it skyrockets, ya just never know down here!
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GVI Security Solutions, Inc. ( GVIS ), through its subsidiaries, provides video surveillance and security solutions to the homeland security, professional, and business-to-business markets. It also offers a combination of closed circuit televisions, digital video recorders, access control, rapid access portals, software systems, and networking products that develop life safety for government agencies and the private sector. The company offers a suite of video surveillance and integrated security solutions, including access control systems; black and white, and color cameras, which include motion detection, low light day/night resolution; waterproof and weather resistant cameras; remote controlled, dome, and pinhole cameras and casings; a range of lenses; black and white, and color plasma and flat screen monitors; videocassette and digital recorders, and hard disk recorders; digital watchdog ATM/point of service transaction verification software; digital recorders; video transmission equipment; digital processors, switchers, and video management systems; digital video recording software; and hardware and software, which enable intelligent video surveillance. It also designs and manufactures building access portals, such as controlled door systems with materials and substance detection options for use in security installations. The company offers its products and services through local, regional, and national system integrators and distributors in the United States; and operates sales and distribution centers in Dallas, Texas; Washington D.C.; Toronto, Canada; Mexico City, Mexico; Sao Paulo, Brazil; and Bogota, Colombia. GVI Security Solutions was founded in 1993 and is based in Carrollton, Texas.
quote:Originally posted by JimSC: Thanks, DDA. When the PR is out, she will get to fly. Remember that IGAI got the run only after the PR is out. So the MMs keep the pps down today.
PR is expected soon.
I remember like yesterday IGAI. I will have to gamble and bet on that rise in pps. IMHO that chart looks great. And waiting on PR with 10-q just out!!!
quote:Originally posted by JimSC: Thanks, DDA. When the PR is out, she will get to fly. Remember that IGAI got the run only after the PR is out. So the MMs keep the pps down today.
PR is expected soon.
Everyone be looking for an opportunity with GVIS today.
-------------------- I buy fast and sell faster!
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posted
thanks for tip. i will probably go in. i was just searching for some negative info about this stock and found that some insider is selling, which could help a bit to bring this stock to the bottom: http://www.investorshub.com/boards/read_msg.asp?message_id=12595978
[ August 16, 2006, 10:27: Message edited by: pepa z depa ]
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posted
A PR after a 10Q is normally done to annouce the major achievements, goals, or potential problems. Most people don't read 10Qs, but they do read PRs -- that's why the MMs took down the pps of IGAI when 10Q came out, and let her run hard when the PR came out. This is part of the MMs' game plan. There is a good chance to make money by taking a postion when the pps is at the bottom and the 10Q is out, then just hold your shares tight and wait for the PR. I am waiting. LOL.
posted
What is significant about this 10Q? Revs were up slightly, but still a net loss for the quarter. IGAI ran because they had a new profit for the quarter of like 16 mil compared to a 11 mil loss for the previous quarter. Although the 16mil was because of an nonreoccuring item (sold off a subsidiary or something), so of course it crashed back down when everyone realized this. But what in the GVIS 10q do they have to PR about? Looks like more of the same to me.
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posted
This had something to do with the pull back Im sure.
Item 1.01. Entry into a Material Definitive Agreement.
Pursuant to an Amendment, dated as of June 22, 2006, between GVI Security Solutions, Inc. (the “Company”) and Laurus Master Fund, Ltd. (“Laurus”), the conversion price of $300,000 of principal under a Secured Term Note made by the Company in favor of Laurus was reduced to $.15 from $1.91, and Laurus agreed to convert such amount of principal into 2,000,000 shares of the Company’s common stock no later than June 30, 2006. The principal so converted will be applied to the next payments of principal otherwise due under the Term Note.
A copy of the Amendment has been filed as Exhibit 10.1 to this Current Report on Form 8-K.
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