Seamless Technology Inc. e-Learning Subsidiary Begins New Fiscal Year With $500k in Orders Tuesday January 24, 9:00 am ET
Orders for e-Learning Services and Products Strong as Company Kicks Off Annual Sales Cycle
MIAMI, FL--(MARKET WIRE)--Jan 24, 2006 -- Seamless Technology Inc. (Other OTC:SLSX.PK - News) (www.seamlesstech.com) today announced that sales orders for its subsidiary, Pinneast.com, Inc. (www.pinneast.com), are the strongest in its history as the company begins its new fiscal year. By mid-January the total of orders placed in late 2005 and early 2006 will already generate over $500,000 in revenues. In addition, the company has qualified pricing proposals to over a half-dozen clients totaling over $350,000 in additional revenues. ADVERTISEMENT
According to their President, Brian Popken, "Pinneast has started 2006 in a very strong position. The amount of existing orders combined with new sales that we expect to close as a result of our proposals will put us well on the way towards meeting our 2006 sales objective of over $2 million in revenues. This is nearly double our 2005 sales, but it is a goal that is achievable with such a strong start. Furthermore, we are introducing new initiatives and relationships that could greatly enhance our revenue potential in 2006, which have not been included in our annual projections."
The Company had previously announced that it was selected as part of a defense contractor team for the United States Army's Distributed Learning Education and Training Products (DLETP) program. Popken continued, "We are also very excited about the strong partnerships we have built and the new opportunities they bring. As an example, we plan to leverage our contracts such as the DLETP program, and build on our sales momentum. Similar contracts with the Army in the past generated nearly $3 million in revenues for Pinneast over their contract lives."
Posted by lilpennypincher on :
NICE!
Posted by rider3160 on :
nice I will try to get me some
Posted by Danny12345 on :
damn no available fund. Noob question... Should I buy it with unsettled fund on this one???? .. Thnx
Posted by keithsan on :
MOving Strong! some DD
SLSX: (www.seamlesstech.com) Seamless Technology is a public holding company for Internet based technology companies. It presently owns two established technology companies with excellent industry name recognition and reputations. SLSX has 18,172,000 common shares outstanding with 2,000,000 shares in the float. Seamless Technology is generating an enormous amount of revenue for a company in this price range. The Company, without considering acquisitions and other substantial projects under negotiation, is projected to increase gross revenues to $4,065,000 in 2006 and $4,873,000 in 2007. With this LOW float and increasing revenues, Seamless appears to be a very undervalued company.
SLSX is currently attempting to acquire other companies. An acquisition is expected to happen this quarter : "The Company has located other synergistic businesses that it intends to acquire prior to the end of the first quarter of 2006".
Recent News and Acquisitions:
Acquisition:MerchandiZer Finalizes Purchase of Online Development Associates. (news)
Army Contract:Seamless Technology Inc. Announces Its e-Learning Subsidiary on Team Selected for $483 Million Army Contract. (news)
SUBSIDIARIES
Pinneast Inc: (www.pinneast.com) Is an e-Learning service provider with large government and fortune 500 clients. These clients include the U.S Army, Dow Chemical, Wachovia, Volvo, Delta Airlines and Johnson and Johnson. In 2005 their gross revenue was 1.3 million. Revenue is expected to increase to 2.265 million in 2006 and 3.3 million in 2007.
On 10/31/2005 Pinneast achieved a $1.3 million order backlog from new contracts with Northrop Grumman. (news)
MerchandiZer Inc: (www.MerchandiZer.com) Is an eCommerce software company and service provider. They have aproximately 3,000 company clients including Dole Plantations, Total Discount Vitamins, Go-To-Farms and Kids Customs. The product and company have won many awards including best E-Commerce product by PC Magazine. The companies gross revenue for 2005 was 200,000 they are projecting an increase in reveneus to 1,800,000 in 2006 and 2,572,000 in 2007.This revenue guidance for the Company is now under review for a substantial increase.
Posted by keithsan on :
quote:Originally posted by lilpennypincher: NICE!
hey lil, your missed, get back to work sooon.
Posted by keithsan on :
booooom
1.45 x 1.50 smoooooooking.
Posted by keithsan on :
1.55
Posted by keithsan on :
nice gap up this am. no dip yet. looking good.
Posted by keithsan on :
quote:Originally posted by keithsan: nice gap up this am. no dip yet. looking good.
back at 1.49 looking for more movement soon...
Posted by keithsan on :
volume rolling back in.
Posted by keithsan on :
boy I'm all alone on this one. LOL
Rumor that SLSX will file to get off pinksheets and onto the otcbb soon is out there. I am unable to confirm this at the moment but I am trying to.
Posted by keithsan on :
Just got off phone with company, Company says that they are planning on going to OTCBB as they meet all requirements already. I would need to talk to CEO to find out how soon, or when.
This'll be huge news.
Posted by clbgroove on :
Love the float on this!!! Thinkin on pickin some up when funds avail.
Questin for you since your well known around here.
What does it mean when the float is almost the same number as the O/S's ?
[ January 24, 2006, 11:54: Message edited by: keithsan ]
Posted by keithsan on :
quote:Originally posted by clbgroove: Love the float on this!!! Thinkin on pickin some up when funds avail.
Questin for you since your well known around here.
What does it mean when the float is almost the same number as the O/S's ?
float is how many shares are available in the market place. Not being held by insiders etc.
If the float is the same as the OS it would show that there are not many insiders holding that many shares. Normally insiders will retain a majority of shares.
Posted by BuyTex on :
quote:Originally posted by keithsan: Just got off phone with company, Company says that they are planning on going to OTCBB as they meet all requirements already. I would need to talk to CEO to find out how soon, or when.
This'll be huge news.
That's for sure...you gonna keep calling today?
Posted by keithsan on :
quote:Originally posted by BuyTex:
quote:Originally posted by keithsan: Just got off phone with company, Company says that they are planning on going to OTCBB as they meet all requirements already. I would need to talk to CEO to find out how soon, or when.
This'll be huge news.
That's for sure...you gonna keep calling today?
Tex, ceo not in today. How you like this quote: second hand from someonelse who dealt with the company (not a poster but a site that is bound by the law )
"SLSX expects to file its Form 10 to become a reporting company during the first quarter of 2006, and immediately apply for a Nasdaq listing. It anticipates a listing on Nasdaq in the second quarter of 2006."
Posted by keithsan on :
not even otcbb but nasdaq! booooom
Posted by cruz on :
lookin for entry
Posted by keithsan on :
quote:Originally posted by cruz: lookin for entry
good luck Cruz.
Posted by BuyTex on :
good enough for me...
i like the sound of boom
Posted by keithsan on :
quote:Originally posted by BuyTex: good enough for me...
i like the sound of boom
LOL I like boooooooooom better.
Posted by Danny12345 on :
same here
Posted by BuyTex on :
filled...
Posted by cruz on :
at what?
quote:Originally posted by BuyTex: filled...
Posted by BuyTex on :
lol, I hate to say--Keith'll call me a bidwhacker...
Actually, I went for the ask, and they filled me at a penny less. Kinda weird, too--on my first try? said my price was "too far away" from the range...of course, they're also showing I'm already 30% up, too
How 'bout you, Cruz?
Posted by wallymac on :
Thanks for the info. filled buy order * 1.45
Posted by keithsan on :
quote:Originally posted by BuyTex: lol, I hate to say--Keith'll call me a bidwhacker...
Actually, I went for the ask, and they filled me at a penny less. Kinda weird, too--on my first try? said my price was "too far away" from the range...of course, they're also showing I'm already 30% up, too
How 'bout you, Cruz?
LOL your only a bidwhaker if you SELL on the bid!
Buying on the bid and selling on the ask is the name of the game.
Posted by BuyTex on :
Posted by bubbydaddy on :
can someone post me a level II, I put a bid in at 1.47 and no fill for a while now, currently we are at: bid 1.45 ask 1.50 500x500
Thanks
Posted by wallymac on :
Price Size Exch Time 1.49 200 OTO 12:16:52 1.50 500 OTO 12:13:16 1.47 300 OTO 12:13:16 1.50 1500 OTO 12:13:11 1.45 1000 OTO 11:59:55 1.47 500 OTO 11:36:55 1.50 500 OTO 11:36:55 1.45 500 OTO 11:10:33 1.45 300 OTO 11:02:05 1.45 500 OTO 11:01:30 1.45 1000 OTO 10:51:56 1.45 1000 OTO 10:51:34 1.45 500 OTO 10:38:21 1.47 200 OTO 10:38:21 1.49 300 OTO 10:38:21 1.45 1500 OTO 09:49:53 1.45 1000 OTO 09:48:51 1.50 900 OTO 09:46:38 1.55 900 OTO 09:46:38 1.50 500 OTO 09:44:25 1.50 2750 OTO 09:43:04 1.49 500 OTO 09:43:01 1.49 500 OTO 09:42:29 1.49 190 OTO 09:41:17 1.45 500 OTO 09:38:16 1.45 950 OTO 09:38:14 1.45 1500 OTO 09:38:14 1.42 1680 OTO 09:38:12 1.45 1000 OTO 09:31:10 1.40 1200 OTO 09:31:10
Posted by keithsan on :
more buys bids up and ask is thinning, looking to break HOD by end of day here.
Posted by keithsan on :
1.45 x 1.55
Posted by Raptorsrule on :
I'm playin Keith....just busy as hell
Posted by keithsan on :
bout time the wife got ya working...
Posted by keithsan on :
1.55 back at HOD.
Posted by keithsan on :
1.45 x 1.55 can you tirds close the spread some PLLLLLLEEEEAAASSSEEE
Posted by bubbydaddy on :
that was me choking down 1.55, couldn't get filled at 1.47, 1.48, 1.50, 1.525. Then I finally give them the ask, they fill me 1.55, and then the next guy at 1.50....grrrrrrr...What's up with that???
It'll all be ok tomorrow when we gap up rrrrrright.....?
Posted by keithsan on :
thats good to know, either you got unlucky and changed your price at the wrong time as someone went to sell or the mm's didn't want this to register back at the high since the float is so small. (this also shows why the spread is so big, they didn't show your 48 or 49 bid, just the 45.
so there could be bids in the middle.
ON the gap up. who knows. IT would be great though. Chart looks poised to continue on and upward. A steady climb upward is what I'm hoping for. gaps on the way are bonus.
Posted by keithsan on :
bubby, they just did it again with 2 500 blocks showing the last as 1.50 I love the mm's.
Posted by BuyTex on :
green day...good start
Posted by keithsan on :
quote:Originally posted by BuyTex: green day...good start
Green is good! I was hoping for a better close and I have to go back to work tomorrow. I will only visit sporadically.
Posted by keithsan on :
1.50 x 1.70 pre market Posted by keithsan on :
1.70 boooooooom
Posted by clbgroove on :
And 75.....nice one K....Congrats
Posted by keithsan on :
thx, she smooooooking.
Posted by keithsan on :
1.52 x 1.75 LOL
Posted by icecold on :
Thanks Keithsan for this great Pick!!! I was in at 1350*1.5. Well also tell me whats the target price to sell too. I dont mind long term hold too.
Posted by keithsan on :
I cant do sell prices. I can tell you the stock is gapping every morning and looks strong.
As usuall, try and sell on the ask whenever you sell a low float penny. They try and steal your shares by making you sell .20 cents lower on the bid.
Posted by keithsan on :
LOL 2 sells at 1.52 (bidwhackers)next sell at 1.75
just hit 1.80
Posted by bubbydaddy on :
1.52 then 1.80! this thing is everywhere, but at least the bid has moved off 1.55
Posted by keithsan on :
the 1.52 is people just selling on the bid that are scared to lose their money, whoever bought those shares will now try to sell them on the ask or later for a nice flip.
We call them bidwhackers. what they should do is decide a price is good for them say 1.99 and put a sell in and wait for it to be bought.
But some people just don't know. Suckers moving hard though Posted by BuyTex on :
just back in--looks nice. I'm happy with it
Posted by keithsan on :
quote:Originally posted by BuyTex: just back in--looks nice. I'm happy with it
hey tex, we're all glad your happy with it thanks for letting us know Posted by Raptorsrule on :
I'm happy with it too....snicker...
Posted by BuyTex on :
Sarcasm, from swells like you guys?
Know what else I like? Right at double the volume...
Posted by keithsan on :
tex, cut it out wit dem big words.
Posted by BuyTex on :
sry: lk da 2x vlm
Posted by Raptorsrule on :
lol....Tex ur too funny...just messing with ya bubba...
Posted by BuyTex on :
no prb--wht u gys thk abt vlm tdy?
Posted by keithsan on :
i thought the volume today was nice. as my 2 year old would say.
Posted by BuyTex on :
grl or by?
Posted by keithsan on :
boy, the girl is only 4 months as of today.
Posted by BuyTex on :
Oh, yeah? You must really be proud of the boy, talking stocks already...
j/k, that's great--knew you guys had a new one, never knew the "mix," though.
Posted by Laktu on :
appreciate those selling at bid, stuck my hand in the cookie jar.
Hopefully this thread will have to be moved to the new NASDAQ forum!!!!!!!!!!!
Posted by keithsan on :
quote:Originally posted by Laktu: appreciate those selling at bid, stuck my hand in the cookie jar.
Hopefully this thread will have to be moved to the new NASDAQ forum!!!!!!!!!!!
Now thats some good trading!!! sick of the panic sellers who sell at .20 less than you can buy. at least split the middle. geez. no patience.
anyways.
Hope it works out for you, NICE BUY.
Just got an e-mail from lebed, he's on it, that should give it some volume
Posted by keithsan on :
Seamless Technology Adds Seasoned CFO/COO to Its Management Team Monday January 30, 9:35 am ET
MIAMI, FL--(MARKET WIRE)--Jan 30, 2006 -- Seamless Technology Inc. (Other OTC:SLSX.PK - News) (www.seamlesstech.com) today announced today that David C. Langle has joined the company as Chief Financial Officer and Chief Operating Officer of the holding company. ADVERTISEMENT
Borys Rafalowicz, Seamless Technology CEO, said, "A proven, seasoned senior executive, Mr. Langle is a CPA with a broadly diversified background, which includes over twenty-five years of experience in public and private accounting, top management positions and directorships with major companies, primarily in public organizations. As Seamless, and its two subsidiaries, Pinneast and MerchandiZer continue their rapid expansion; we felt that it was time to expand our senior management group to handle the financial aspects of our growth.
"His CFO experience with several NASDAQ companies in high growth areas is especially relevant. Mr. Langle has completed multiple successful public and private capital offerings aggregating over $100 million in transactional value and gained significant experience with mergers, acquisitions, divestitures and debt restructuring in the U.S. and in international markets.
"In addition, we believe his demonstrated COO and senior management leadership skills and abilities will help us attract similarly talented senior managers, as we implement our aggressive expansion program which includes substantial internal growth and synergic acquisitions."
Posted by bubbydaddy on :
bid 1.25 grrr.....
Posted by keithsan on :
ya, huge spread!
Posted by keithsan on :
Seamless Announces Opening First International Office Wednesday February 1, 9:00 am ET
MerchandiZer Opens Office in Lima, Peru in Move to Lower Programming Costs, and to Launch Latin American Sales
MIAMI, FL--(MARKET WIRE)--Feb 1, 2006 -- Seamless Technology Inc. (Other OTC:SLSX.PK - News) (www.seamlesstech.com) today announced that its eCommerce subsidiary branch office in Lima, Peru is fully functional, and staffed with three local programmers and one website design specialist. Furthermore, the Company is in the process of staffing its sales and marketing department for of its ecommerce software products into the Latin American market. ADVERTISEMENT
Mr. Krister Martinez, President of MerchandiZer Software Inc., said, "We look forward to helping grow the Latin American eCommerce market through our Peruvian office, by customizing our proven success pattern to specific countries and industries. As in the United States we are targeting the small to medium-sized companies that have successful retail products, but who have not utilized the Internet as an alternative sales channel. We expect to gain competitive advantage by leveraging our award-winning software (PC Magazine's Editor's Choice Award as tops in its field), and blue chip customer reference base."
The Company is experiencing increased demand for both its MerchandiZer Standard software package, as well as its custom designed software for select businesses in which it will share revenues as opposed to charge upfront or monthly maintenance fees. Because of the substantial reduced costs in Peru, the Company estimates that it will save a minimum of 75% in programming and web design costs by using technical talent in Peru, as opposed to the United States.
According to Internetstats.com, in 2005 there were 54 million Internet users in South America. Internet growth in Latin America is being driven by high double to triple digit growth rates in broadband, Wi-Fi and VoIP (Voice Over Internet Protocol), according to a leading market research firm. Therefore, the Company considers this a prime market for its expansion since ecommerce is under-utilized by Latin American companies, when Internet usage is dramatically expanding by the Latin American population.
Posted by BuyTex on :
quote:Originally posted by keithsan: Seamless Announces Opening First International Office Wednesday February 1, 9:00 am ET
MerchandiZer Opens Office in Lima, Peru in Move to Lower Programming Costs, and to Launch Latin American Sales
MIAMI, FL--(MARKET WIRE)--Feb 1, 2006 -- Seamless Technology Inc. (Other OTC:SLSX.PK - News) (www.seamlesstech.com) today announced that its eCommerce subsidiary branch office in Lima, Peru is fully functional, and staffed with three local programmers and one website design specialist. Furthermore, the Company is in the process of staffing its sales and marketing department for of its ecommerce software products into the Latin American market. ADVERTISEMENT
Mr. Krister Martinez, President of MerchandiZer Software Inc., said, "We look forward to helping grow the Latin American eCommerce market through our Peruvian office, by customizing our proven success pattern to specific countries and industries. As in the United States we are targeting the small to medium-sized companies that have successful retail products, but who have not utilized the Internet as an alternative sales channel. We expect to gain competitive advantage by leveraging our award-winning software (PC Magazine's Editor's Choice Award as tops in its field), and blue chip customer reference base."
The Company is experiencing increased demand for both its MerchandiZer Standard software package, as well as its custom designed software for select businesses in which it will share revenues as opposed to charge upfront or monthly maintenance fees. Because of the substantial reduced costs in Peru, the Company estimates that it will save a minimum of 75% in programming and web design costs by using technical talent in Peru, as opposed to the United States.
According to Internetstats.com, in 2005 there were 54 million Internet users in South America. Internet growth in Latin America is being driven by high double to triple digit growth rates in broadband, Wi-Fi and VoIP (Voice Over Internet Protocol), according to a leading market research firm. Therefore, the Company considers this a prime market for its expansion since ecommerce is under-utilized by Latin American companies, when Internet usage is dramatically expanding by the Latin American population.
missed that...thanks for posting it.
Posted by keithsan on :
woulda posted earlier but puter down at work then intermittent...brutal day.
Posted by BuyTex on :
lol, saw you were having problems, today's "divvy thread," I think...
re: Seamless--think they could prodded to generate a PR re big-board intentions?
Posted by keithsan on :
quote:Originally posted by BuyTex: lol, saw you were having problems, today's "divvy thread," I think...
re: Seamless--think they could prodded to generate a PR re big-board intentions?
i can get nothing out of them. hints on some big contract pinneast interst but nothing official.
Posted by BuyTex on :
not saying it's the same...but i got discouraged on nnvc when they acted like that, before busting out... they're down but still trading way over when you spotted 'em...
Posted by keithsan on :
quote:Originally posted by BuyTex: not saying it's the same...but i got discouraged on nnvc when they acted like that, before busting out... they're down but still trading way over when you spotted 'em...
yes they are
thats all right, after a big run you should be riding free or cheap shares.
Posted by BuyTex on :
Ya, with this one, I'll prolly keep some freebies after a run...
Posted by vg on :
I am still in with all the shares that I bought of NNVC when they were ECMM. I love them all.
Posted by keithsan on :
quote:Originally posted by vg: I am still in with all the shares that I bought of NNVC when they were ECMM. I love them all.
twas a fun play wasn't it....we will have many more!
Posted by vg on :
US Financial Network: Seamless Announces Opening First International Office and Rockwell Collins to Buy Simulation Assets
By M2 Last Update: 2/9/2006 7:39:32 AM Data provided by
Feb 09, 2006 (M2 PRESSWIRE via COMTEX) -- City of Industry, CA - Defense Products & Services industry news provided by Financial News USA (FNWU) Seamless Technology Inc. (Other OTC:SLSX) (www.seamlesstech.com) recently announced that its eCommerce subsidiary branch office in Lima, Peru is fully functional, and staffed with three local programmers and one website design specialist. Furthermore, the Company is in the process of staffing its sales and marketing department for of its ecommerce software products into the Latin American market. TASER International, Inc. (TASR), a market leader in advanced electronic control devices released the following News Alert: According to news reports from Port Townsend and Jefferson County's The Leader in Washington, Jefferson County Sheriff's Deputy Scott Boyd foiled a burglary at the Shine Quarry last Thursday after firing his TASER at one suspect resulting in two arrests.
Rockwell Collins Inc. (COL), a maker of communication and aviation electronics for commercial and military aircraft, will buy the simulation assets of Evans & Sutherland Computer Corp. for $71.5 million cash, both companies said Wednesday. The deal, which is subject to shareholder and regulatory approval, is expected to close during the second quarter of the calendar year. The Department of Defense (DoD) has certified that Raytheon Company's (RTN) Core Framework operating environment is compliant with the government's Software Communications Architecture (SCA). Raytheon is the first company to achieve this milestone. During recent tests of the Joint Tactical Radio System (JTRS) Cluster 2 hand- held radio, Raytheon's Core Framework enabled the JTRS Cluster 2 radio to be SCA-compliant with waivers.
About Financial News USA
Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com. Posted by keithsan on :
nice and sitting on support at 1.25
Posted by BuyTex on :
good lil blurb...thanks, vg
Posted by Laktu on :
Since its Valtentines day and all, do you think we could get this big red puppy to show us some love? Still like this, just wishing it would lift its leg soon and mark its territory.
Posted by keithsan on :
i'm hearing good things, and if you check the chart, even with the low volume holding support nicely...
Posted by Laktu on :
Engines fired back up today, maybe a few words soon HOD: 1.60
Posted by keithsan on :
consolidated from the run to 1.80 been on support and gonna start again.......
Posted by BuyTex on :
rousing afternoon...
bid is shaping up near HOD of 1.68; closed 1.61 x 1.63, on better than 9x the 50-day volume, and more than double yesterday's:
Great day shaping up here. HOD 1.80, lod 1.65 with over 50k volume first half hour. Here's the news incase you missed it.
Seamless Technology Inc. E-Commerce and E-Learning Subsidiaries Announce Signing of First Revenue Sharing On-Line Sales Agreement With Manufacturer and Distributor 09:00 a.m. 02/28/2006 Provided By Market Wire Company Combines the Talents of Its Two Subsidiaries and Its Latest Acquisition to Generate Significant New Revenue Source for Seamless Expected to Exceed $5 Million in 2006 and $10 Million in 2007 MIAMI, FL, Feb 28, 2006 (MARKET WIRE via COMTEX) -- Seamless Technology Inc. (SLSX) ( www.seamlesstech.com ) today announced that its subsidiary, MerchandiZer Software Inc. ( www.MerchandiZer.com ), has executed an On-Line Revenue Sharing Sales Agreement with Pet Ecology Brands Inc. (PECB) www.petecology.com, that will provide Pet Ecology with a customized Internet-based E-Commerce Shopping Cart distribution of its products and services for sale to its various clients via the World Wide Web. MerchandiZer's E-Commerce Shopping Cart uses its proprietary online development and Internet marketing capabilities to increase the effectiveness, organic traffic and conversion ratios for its customer websites. As opposed to the traditional fee for services model, MerchandiZer will receive a percentage of gross revenues under the previously announced revenue sharing contracts that it is signing with its clients. MerchandiZer will also be managing the online sale and digital delivery of Pet Ecology products through online retail, content and portal sites in the Pet Ecology online sales channel. The Company's other subsidiary Pinneast.com, Inc. ( www.pinneast.com ) will participate in the On-Line Sales Agreement providing its E-Learning services to Pet Ecology by converting their existing education and training functions associated with selling, distribution, and customer support to web-based methods. Pinneast will create a knowledge portal populated with information designed to help achieve strategic objectives such as online courses, presentations, and documents will be organized around a centralized, online knowledge or learning portal. Selected numbers of these will also be made available though the public B2C and B2B portals to support customers and distribution channels and, include features like links to blogs or chat rooms that enhance and reinforce learning and product placement by providing new information in near "real time." The inclusion of this feature in the e-commerce activities of Pet Ecology will result in the reduction of the training costs of Pet Ecology's field reps, distributors and retailers carrying the unique products manufactured by Pet Ecology Inc. Additionally Pinneast will establish a learning portal called "Pet Ecology University" that will be used by Pet Ecology to educate the ultimate customer on the attributes of its various products in an informative and entertaining manner. At its core will be an entry-level Learning Management System that will enable organizing online courses, documents, and presentations into learning tracks designed to meet the knowledge requirements of each specific audience. "MerchandiZer's E-Commerce Shopping Cart designed specifically for Pet Ecology will permit our online store to permit our consumers to efficiently and quickly access our high-demand products for their pets," said Debra Evans, Pet Ecology's Vice President of Marketing. "By taking a multi-channel approach to our online business, Pet Ecology can expose its products to a much broader and more mainstream base of consumers, retailers and distributors. One of the unique features of the new website, that was specifically designed for us by MerchandiZer is the ability of the consumer to elect to receive a referral to a local retailer and the use of a digital coupon for redemption of that coupon at the retailer. Furthermore, we intend to fulfill all online sales where the customer desires direct delivery to the home through our local retailer base thereby supporting their sales efforts and providing a continuing source of revenues and new customers for our retailer base. Unlike our pet products manufacturers, we are going to use our new website to support our retailers and distributors, and not to compete with them. We can expect to grow our Internet sales with the MerchandiZer E-Commerce Shopping Cart by several million dollars per year when fully implemented." The On-Line Sales Agreement permits MerchandiZer to receive approximately 10% based on Pet Ecology e-commerce revenues direct to the consumer and 3% for all sales generated to retailers and distributors in the B to B commerce section of the new website. David Langle, Chief Operating Officer of Seamless indicated:" This launch is the culmination of months of research and development, as well as design for this unique site. We will now use the template that we created for Pet Ecology to service other manufacturers and retailers that desire our services and have agreed to share revenues with us. We expect that we will sign agreements with a minimum of 20 clients in 2006 for this revenue sharing model that we project should result in realizing gross revenues of approximately $5 million in 2006 and $10 million in 2007. These enhanced revenues have not been included in our guidance of revenues and profits that we have released, and we anticipate issuing new guidance within the next 30 days."
PECB is moving with this too!!
Posted by BuyTex on :
lol, MMs hopping around like rock squirrels...
set to break new volume record
Posted by Raptorsrule on :
great buying op here.....
Posted by BuyTex on :
as posted...
raptor, kinda funny re who pays attention...
Anyway--yup, another volume rung ascended
Posted by Raptorsrule on :
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