posted
looks like a good percentage could be made on this stock. its a pretty good low right now. ended with a negative and big volume.Probably going to buy shares in the morning.
posted
BALTIMORE, MD -- (MARKET WIRE) -- 09/23/09 -- GT Legend Automotive Holdings, Inc. (PINKSHEETS: GTLA) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GTLA now announces the appointment of David Rayburn as Executive Vice President - MLM Payment Systems to drive the Company's expansion in the MLM market worldwide.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "After an extended evaluation of this huge global market and preliminary market testing, we are delighted to announce David Rayburn's appointment as Executive Vice President - MLM Payment Systems. He joins our team with substantial experience in the MLM market, having been involved with a number of very substantial MLM businesses from their inception. He has built substantial personal 'down-lines,' yielding significant financial rewards.
The Direct Selling Association reported that in 2007, US direct sales were $30.8 Billion and the US direct sales force numbered 15 Million people. Similarly the Association reported 2007 Global direct sales of US$114 Billion, by 62.7 Million sales staff. We believe that in times of economic hardship and adversity, the growth of direct, relationship-based selling will be greater than any other, as consumers make purchasing decisions based upon personal recommendations of trusted friends and contacts. Since this market is poorly served by Payment Systems providers, we anticipate major potential for our growth and through David's relationships and experience, we will realize considerable benefit."
Mr. Rayburn commented, "I am delighted to be working with the Sovereign Card Services team. Low-cost, reliable, multinational payment systems are a relatively new phenomenon in the MLM market and have a substantial role to play in the recruitment and management of high yielding 'down-lines' which are the life-blood of MLM businesses the world over. We have a lot to achieve."
About GT Legend Automotive Holdings, Inc.
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. , trading as Sovereign Card Services. Sovereign Card Services provides both Visa and MasterCard , secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order.
Posts: 56 | Registered: Aug 2009
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i agree, it took a while but its waking up and is ready to go back to the good times.
Posts: 119 | From: new york | Registered: Sep 2009
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GT Legend Automotive Announces Move Into International Remittance Market BALTIMORE, MD, Sep. 24, 2009 (Marketwire) -- BALTIMORE, MD -- (Marketwire) -- 09/24/09 -- GT Legend Automotive Holdings, Inc. (PINKSHEETS: GTLA) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GTLA now announces that Sovereign Transfer Services has appointed an advisor for entry to its first international remittance market. Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "While the US market will remain a dominant domain for our activities, we have been researching and planning our first move into the international remittance market, targeting attractive 'niche' opportunities.
"We have determined that the German-Turkish corridor merits our serious attention and to this end have selected our advisers and partners for this significant step. We will be advised by Herax Partners, a boutique Investment Bank, based in Frankfurt, which has extensive knowledge of both the Turkish and German markets. "There are over 4 Million people in Germany, of Turkish origin, with the highest concentration in the cities of Baden Wurttemberg and Nord-Rhine Westfallen. 60% of Turkish immigrants live in the major cities of the former West Germany -- Berlin, Koln, Dusseldorf and Frankfurt as well as Munich, Mainz and Stuttgart. "Remittances from Germany to Turkey, which comprise in excess of 50% all German outbound remittances, make a substantial contribution to the Turkish economy. We would like to play a role in making the remittance process less onerous on those supporting their dependents at home." About GT Legend Automotive Holdings Inc. GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Investor Contact: Tom Parilla Parilla Investment Group 814.824.4326
Source: Marketwire (Sep 24, 2009 08:01:22 EDT) News by QuoteMedia www.quotemedia.comPosts: 3257 | From: usa | Registered: Nov 2008
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seems like we're working with an experienced company overseas, company is branching out worldwide nicely here
Posts: 3257 | From: usa | Registered: Nov 2008
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with this company diving head first into the remittance market in the U.S. and world wide they could see some nice steady revenue very quickly here imo
Posts: 3257 | From: usa | Registered: Nov 2008
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the company has already grabbed a piece of the U.S./China remittance market to mark a big piece of the total outbound U.S. remittances, now with going International there's so much potential for much growth in this market alone
Posts: 3257 | From: usa | Registered: Nov 2008
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imagine how much easier it will be and how much more agreements will be made once GTLA completes the acquisition too
Posts: 3257 | From: usa | Registered: Nov 2008
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the chart showing that we have churned nicely around .0005s with a couple pops over the last week, but definitely due for a sustained breakout imo
Posts: 3257 | From: usa | Registered: Nov 2008
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with the recent numerous material developments, its only a matter of time before the pps increases imo
Posts: 3257 | From: usa | Registered: Nov 2008
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GLTA Announces Move Into International Remittance Market Click Here to Read the Featured Report about this Company
BALTIMORE, MD -- (MARKET WIRE) -- 09/24/09 -- GT Legend Automotive Holdings, Inc. (PINKSHEETS: GTLA) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GTLA now announces that Sovereign Transfer Services has appointed an advisor for entry to its first international remittance market.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "While the US market will remain a dominant domain for our activities, we have been researching and planning our first move into the international remittance market, targeting attractive 'niche' opportunities.
"We have determined that the German-Turkish corridor merits our serious attention and to this end have selected our advisers and partners for this significant step. We will be advised by Herax Partners , a boutique Investment Bank , based in Frankfurt, which has extensive knowledge of both the Turkish and German markets.
"There are over 4 Million people in Germany, of Turkish origin, with the highest concentration in the cities of Baden Wurttemberg and Nord-Rhine Westfallen. 60% of Turkish immigrants live in the major cities of the former West Germany -- Berlin, Koln, Dusseldorf and Frankfurt as well as Munich, Mainz and Stuttgart.
"Remittances from Germany to Turkey, which comprise in excess of 50% all German outbound remittances, make a substantial contribution to the Turkish economy. We would like to play a role in making the remittance process less onerous on those supporting their dependents at home."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard , secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order.
Click Here to Read the Featured Report about this Company
Disclosure
OTCReporter.com and ******China.com are owned by Oceanic Consulting, LLC ("Oceanic") and Garden State Resources, LLC ("Garden State"), both of which are New Jersey limited liability corporations (OTCReporter.com and Hot OTCChina.com and its owners, Oceanic and Garden State, and their affiliates, directors and officers are referred to in our Disclaimer as "OTCR" or "we" or "us" or "our) (Oceanic and Garden State are referred to herein collectively as the "LLC Companies" when the context of the statements pertain to compensation matters, including our "Compensation Disclosure" section.)
The LLC Companies contracted to receive $35,000 in return for OTCR’s services to publicly and electronically disseminate information pertaining to GTLA, no monetary consideration of which has been received.
It is crucial that all readers of the above paragraph (Compensation Disclosure) click on the link below to carefully review our Disclaimer in its entirety, which contains important information about penny stocks, our operations, the limited nature of the information presented in our publications and various risks attendant to the companies that we profile.
Click to read our disclaimer
Posts: 56 | Registered: Aug 2009
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nice churning here at .0005 once again, just simmering waiting for a breakout at this level imo
Posts: 3257 | From: usa | Registered: Nov 2008
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these remittances from Germany to Turkey comprise half of all of Germany's outbound remittances, once again the company is not only jumping into another remittance market but they are going straight for the highest outbound remittance possible
Posts: 3257 | From: usa | Registered: Nov 2008
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direct sales/MLM marketing is a market that is constantly growing, good to see the company has gotten their hands into this market as well per the recent PR
Posts: 3257 | From: usa | Registered: Nov 2008
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The Sovereign Card is an ideal payment system for members of network marketing businesses, ensuring the fastest payment of commissions and bonuses, through direct deposit. Sovereign works with several network marketing businesses to provide this convenient and secure service.
Posts: 3257 | From: usa | Registered: Nov 2008
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posted
GT Legend Automotive Announces Move Into International Remittance Market
BALTIMORE, MD, Sep 24, 2009 (MARKETWIRE via COMTEX) -- GT Legend Automotive Holdings, Inc. (PINKSHEETS: GTLA) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GTLA now announces that Sovereign Transfer Services has appointed an advisor for entry to its first international remittance market. Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "While the US market will remain a dominant domain for our activities, we have been researching and planning our first move into the international remittance market, targeting attractive 'niche' opportunities.
"We have determined that the German-Turkish corridor merits our serious attention and to this end have selected our advisers and partners for this significant step. We will be advised by Herax Partners, a boutique Investment Bank, based in Frankfurt, which has extensive knowledge of both the Turkish and German markets.
"There are over 4 Million people in Germany, of Turkish origin, with the highest concentration in the cities of Baden Wurttemberg and Nord-Rhine Westfallen. 60% of Turkish immigrants live in the major cities of the former West Germany -- Berlin, Koln, Dusseldorf and Frankfurt as well as Munich, Mainz and Stuttgart.
"Remittances from Germany to Turkey, which comprise in excess of 50% all German outbound remittances, make a substantial contribution to the Turkish economy. We would like to play a role in making the remittance process less onerous on those supporting their dependents at home."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Investor Contact: Tom Parilla Parilla Investment Group 814.824.4326
SOURCE: GT Legend Automotive
Copyright 2009 Marketwire, Inc., All rights reserved. -0-
SUBJECT CODE: Automotive:Cars Automotive:Motorcycles Automotive:Trucks Automotive:Parts and Accessories Automotive:Repair and Restoration Automotive:Other passenger vehicles
Posts: 119 | From: new york | Registered: Sep 2009
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posted
15 minute chart showing this oversold here at the .0004 level according to Williams%R, should move up soon imo
Posts: 3257 | From: usa | Registered: Nov 2008
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Sovereign provides a low cost and convenient banking service to students through its debit card program. The Sovereign debit card requires no credit check and has no hidden fees. The companion card program makes it easy and inexpensive for parents to send money to their children at school, anywhere in the world.
Posts: 3257 | From: usa | Registered: Nov 2008
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For those who receive regular Federal or State benefit checks, Sovereign offers a low cost, convenient and secure service, which avoids the cost and expense of check cashing. Have your check directly deposited to your Sovereign debit card for free! You can access your money at ATMs and pay for purchases anywhere VISA is accepted. You can also set up a sub-account, so you can send money to a loved one, anywhere in the US or worldwide.
Posts: 3257 | From: usa | Registered: Nov 2008
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posted
15 minute chart showing the bollinger bands are pretty tight, looks like its simmering for a breakout of these levels
Posts: 3257 | From: usa | Registered: Nov 2008
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