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Satelinx Announces New PDA Enabled Software Satelinx (PINKSHEETS: SLXI) has completed the final stage in developing a GPS tracking software which will allow the individual user to track a vehicle or person using their own PDA cell phone . PDA sales have tripled in the past two years and make up for more than half of all cell phones on the market. It is our desire to tack in on this 30 billion dollar a year market and make our software a standard on all PDA's.
"We have been working diligently to integrate our GPS tracking software with today's highly advanced PDA cell phones. This will allow mobile ease of use to all users in order to better track assets and individuals. In today's mobile world, having the ability to be at any place at anytime to keep a watchful eye on your family and assets, without being confined to a single location to monitor, will greatly improve every aspect of security. Adding to a market that's already saturated with PDA technology, we feel that it will be a simple merge into everyday use and will allow us the opportunity to sell our GPS tracking units on a large scale," stated Sam Grinfeld, Chairman of the Board of Satelinx.
About Satelinx
Satelinx International Inc. provides satellite vehicle tracking units that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, including forecasts of market growth, future revenue, benefits of the proposed merger, and expectations that the merger will be accretive to Satelinx's results and other matters that involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in integrating merged businesses; uncertainties as to the timing of the merger; approval of the transaction by the stockholders of the companies; the satisfaction of closing conditions to the transaction, including the receipt of regulatory approvals; whether certain market segments grow as anticipated; the competitive environment in the software industry and competitive responses to the proposed merger; and whether the companies can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Satelinx undertakes no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.
Country of Incorporation: USA Year of Incorporation 1997
Officers: Sam Grinfield, Chairman/CEO
Fiscal Year End: December 31
CIK: 0001082706
Outstanding Shares: 982,936,905 as of 2006-07-25
Estimated Market Cap: Not Available Number of Shareholders of Record: 179 as of 2005-04-18
Current Capital Change: shs increased by 15 for 1 split Ex-Date: 2006-07-25 Record Date: 2006-07-21 Pay Date: 2006-07-24
Dividends:
Company Notes: Formerly=Vanadium International, Inc. until 11-01 Formerly=Vectoria, Inc. until 10-04
Class Notes: Capital Change=shs decreased by 1 for 6 split. Effective date=8-24-04 Capital Change=shs decreased by 1 for 10 split. Pay date=10/21/2004.
Transfer Agent: Pacific Stock Transfer Co., Las Vegas, NV 89193-3385
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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This is gonna be interesting and huge tomm...Guessing 300% jump in my opinion... Lets seeeeeeeeeeeee....
Posts: 52 | From: Minnesota | Registered: Jan 2007
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-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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Am not making any money on this stock..haven't invested much though...I am just happy that I picked some stock for the 1st time....
Posts: 52 | From: Minnesota | Registered: Jan 2007
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-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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I feel this is just the beginning and definitely with float of around 400m shares.... a revenue of 1m$ shld take this to 0.004 per share......
Posts: 52 | From: Minnesota | Registered: Jan 2007
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I'm running out of day trade/round trips for the week, so I am wondering if this would be a safe hold till monday? ...any advice?
-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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I believe u shld have patience..patience Pays..see GSEG and other stocks,..they are running after 2 days of news..so u may never knwwwwwwww
Posts: 52 | From: Minnesota | Registered: Jan 2007
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well im kinda a newbie...your right though about patience..it has got me a few times
-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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