quote:

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Originally posted by Dustoff101:
Not a thing of beauty or a Gold nugget, but I think a wise person should atleast check it out thoroughly....Including SEC reports..Should be plenty of time to make a decision...

Peter Leeds pick from Feb...

I hold posistions from .058-.072

------------------------------------------------
STTC SOFTNET TECHNOLOGY CORP COM
(OTCBB) Data provided by
$0.06


Company Information
Softnet Technology Corp Industry: Electronic Equipment
Suite 105 Website: http://www.ttgg.com
1 Anderson Road Phone: +1 908 204-9911
Bernardsville, NEW JERSEY 07924 Fax: n/a
UNITED STATES Employees: n/a

Designs, develops and manufactures biome

T & G2. The Group's principal activities


Price and Volume
Moving Average 50-day 0.08
Moving Average 200-day 0.12
Vol Average 50-day 434,400
Vol Average 200-day 599,900
52-wk high (6/21/2005) 0.29
52-wk low (5/31/2005) 0.02
Bid 0.06
Ask 0.06
Share Related Items
Market Cap 20,317,194
Shares Outstanding 338,619,904
Current P/E Ratio n/a
Management Effectiveness
Return on Equity (1yr) n/a
Return on Assets (1yr) -1,598.56%
Return on Investment (1yr) n/a
Valuation Ratios
Price/Earnings (1 yr) -0.88
Price/Book (1 yr) -3.93
Price/Cash Flow (1 yr) -6.35
Estimates

Financial Snapshot More
All data in thousands
except per share amounts. 2003 2002
Revenue 66 4
Total Net Income -2,355 -10,308
Earnings per Share -0.04 -0.83
EBIT/DA -2,195 -10,182
Long Term Debt n/a n/a
Per Share Data
Earnings (1 yr) -0.05
Current P/E Ratio n/a
Cash Flow -0.03
Cash
(last quarter in thousands) 87
Annual Dividend n/a
Book Value -0.01
Profitability
Gross Margin (1 yr) 40.76%
Operating Margin (1 yr) -324.96%
Profit Margin (1 yr) -342.75%
Latest Insider Trades More

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quote:

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Originally posted by tmanfromtexas:
Well Dust, you gotta give ole jf a thumbs up for one thing. He has to be reducing his pr cost because they havent put out any real info since the first and any hint of revenue since April. He is killin me. I wonder if he looks at those 2m shares he bought in the open market and says to himself how are we gonna make that worth something again. TMAN...

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quote:

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Originally posted by tmanfromtexas:
I guess no one wants to buy or sell below 7. lol. Maybe they need to bump the b/a to around .12 and see what happens. TMAN...

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------------------------------------------------
Great attitude! LMAO

Gotta have a sense of Humor in this buisness!
 

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Posted by Dustoff101 on :
 
Well, we go from over a Million shrs traded to 31,560 shrs the next day.......

RSI is under 50 on the thirty day chart....

Someday, who knows when, we should atleast get some excitment outa this thing! LOL

My Pumper skills suck...
 

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Posted by tmanfromtexas on :
 
Mine too. I dont understand how a stock can get 4 times its average trading one day and basically not trade the next. I think all but 6/7 trades Wednesday were buys so wtf. Oh well the 10q will probably come out after the bell so we can anguish over it all weekend. lol.
On a side note, I am aalllmmmooosstttt ready to get back into ndol. I still think it has room to run after they file their info. TMAN...
 

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Posted by Dustoff101 on :
 
5000 shrs traded so far today......LOL
 

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Posted by tmanfromtexas on :
 
Hey Dustoff, I was looking at yahoo's analyst page for sttc. Some very interesting tidbits of info there. The first is the strangest but gave me a woody. 2 analyst have a price target at 30.88 for the year. I know that is way out there but why not put .50 or even stretching it 1.00 to make it somewhat more realistic. Crap that would be a market cap of around 1b. lol. The second and more relevent issue is that last month there was 1 hold recommendation. Now there are 4 hold and 2 buy recommendations. WTF. Does someone know something that we dont? I am curious if you had seen that. TMAN...
 

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Posted by Dustoff101 on :
 
GLUED!!!!!! TO THE LEVEL 2'S and Last Sale

I wouldn't go wondering off to far away today on this thing.....

$30.00 Eyeball strain at best..LOL
 

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Posted by Dustoff101 on :
 
T-Man, this thing is obviously building a strong base of holders...Kinda reminds me of taking a Jack Hammer to Iron..LOL
 

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Posted by tmanfromtexas on :
 
Maybe of ole jf would buy back about 300mm shares we could at least be at a dollar. lol. I wonder if that big spike in volume Wed. was ole Pentony getting rid of his stake. TMAN...
 

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Posted by Dustoff101 on :
 
I'm just waiting for a fast drop to .058

This is like watching paint dry...
But if I go out on the Deck to watch the grass grow, I'll probably miss the drop and rebound..

Maybe we need to go to pumper school, however your $30.00 thinga ma jigger might qualify for a c- LOL
 

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Posted by Dustoff101 on :
 
How about it Tman, you a buyer for more at .058
Bid just hit .06
 

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Posted by tmanfromtexas on :
 
I got some at 6. If it goes to around 5 or .055 I would definitly get some more. I have more in this than I normally would but I just cant see any bad here except for teh late 10q. The new management have made other companies profitable and shareholders quite happy. TMAN...
 

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Posted by Dustoff101 on :
 
Heads-up, check on it for news..Gotta be something coming out someday! LOL
 

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Posted by tmanfromtexas on :
 
I will check on it first thing in the morning. If its good I will surely post it. IF its not good you wont here a peep from me. lol. TMAN...
 

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Posted by Dustoff101 on :
 
Oh just great! so I get to post the news if it's bad!! What a guy! LOL
 

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Posted by tmanfromtexas on :
 
Ok Ok, OH I know, get Purl to post it. LOL. Once the guys over at the ndol thread find out she is "bashing" another stock they will have something else to talk about. ROTFLMAO.

If that 10q shows any improvement I think that we be fine. TMAN...
 

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Posted by Dustoff101 on :
 
T-man, I'm buying some more, just 'cause of Leeds.

'Could be dead money for awhile, but I just can't see it going any lower.
 

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Posted by tmanfromtexas on :
 
Dustoff, I was saying that at .07. lol. I hope you waited... TMAN...
 

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Posted by Dustoff101 on :
 
Bid is in....But I ain't saying at what price..LOL
 

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Posted by tmanfromtexas on :
 
lol. well with the way the b/a is bouncing you should have a chance. hell i saw a penny spread a few minutes ago. TMAN...
 

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Posted by Dustoff101 on :
 
Geezz, I think we are bidding against each other! LOL
 

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Posted by tmanfromtexas on :
 
where is that damn 10q??? TMAN...
 

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Posted by Dustoff101 on :
 
Added at .064 got bored. LOL
 

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Posted by tmanfromtexas on :
 
Its out Dustoff. havent read it yet. TMAN...
 

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Posted by tmanfromtexas on :
 
I tried to pull the full text off of the sec site and cant read the damn thing. If you can, check the o/s shares. I like that 800k increase in sales over last year. At least I could read that on the yahoo page. TMAN...
 

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Posted by Dustoff101 on :
 
10QSB: SOFTNET TECHNOLOGY CORP.


By Edgar Online - (EDG = 10Q, 10K)
Last Update: 5/22/2006 2:19:17 PM Data provided by

(EDGAR Online via COMTEX) -- Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.

Introduction and Forward Looking Statements

This document contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause SoftNet Technology Corp's ("SoftNet") actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. SoftNet cautions investors not to place undue reliance on forward-looking statements, which speak only to management's expectations on this date.

Certain statements contained herein, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Such forward-looking statements are identified by words such as "intends", "anticipates", "hopes" and "expects", among others, and include, without limitation, statements regarding the Company's plan of business operations, anticipated revenues, related expenditures, and the results of any business transactions. Factors that could cause actual results to differ materially include, among others, the following: acceptability of the Company's services in the market place, general economic conditions, political and economic conditions in the United States and abroad, and competition.

The following discussion and analysis highlights the financial position and results of operations of SoftNet as of and for the three months ended March 31, 2006 compared to the three months ended March 31, 2005. The business activities of the Company are now that of the two wholly owned subsidiaries: Indigo Technical Services, Inc. and InsPara Networking Technologies, Inc.

The Company anticipates that their sources of liquidity will come from the private sale of the Company's securities to cover the funding of corporate expenses, such as legal and accounting and filing fees, as well as Sarbanes-Oxley compliance.

As disclosed in the Company's 8-K dated January 17, 2006, the Company entered into a certain Plan and Agreement of Reorganization (the Agreement) with Inspara, Inc. (InsPara) pursuant to which InsPara would merge with and into the Company (the Merger). The closing of the Agreement took place on January 18, 2006 and the Merger became effective retroactively to January 1, 2006.

The Merger was accomplished pursuant to the Agreement which was attached to the Company's 8-K dated January 17, 2006 and is incorporated herein by reference. Under the Agreement, the stockholders of InsPara will receive, pro rata, a total of 49,999,998 shares of this Company's Common Stock (the Acquisition Shares). The Acquisition Shares are unregistered shares and will only be free trading upon a filing of a Registration Statement for the Acquisition Shares, or an exemption from the registration thereof. Immediately following the closing of the Merger, Doug Wetzel resigned from the Board of Directors of the Company and Kevin Holt, the Chairman and C.E.O. of InsPara,

was appointed to fill the vacancy created by Mr. Wetzels resignation. Prior to the execution of the Agreement, there were no material relationships between (i) InsPara or any of its affiliates, or any officer or director of InsPara, and

During the three months ended March 31, 2006, the Company sold Solutions Technology, Inc. for $100,000, and also disposed of its German subsidiary SoftNet International, Inc. The resulting gains from disposal are included in the Company's financials for the three months ended March 31, 2006.

Results of Operations

Three Months Ended March 31, 2006 and March 31, 2005

Revenues for the three months ended March 31, 2006 were $1,093,523 as compared to $231,683 for the three months ended March 31, 2005. As mentioned, the Company's acquisition of Inspara and combination of business operations with Indigo Technology Services consulting were the reasons that the Company experienced very fast revenue growth.

Cost of sales for the three months end March 31, 2006 was $733,973 compared to $97,174 for the three months ended March 31, 2005. The increase in cost of sales was manly due to the increased operations of the Company from the acquistion of Inspara.

Operating expenses for the three months ended 2006 were $2,033,602 as compared to $1,877,131 in the first quarter of 2005, an increase of approximately $156,000 due in large part to the decrease in marketing and promotional activity and in corporate expenses for legal and accounting and operating expenditures. However, the operating expense did include a large one time impairment of goodwill of $1,149,510 from the acquisition of Inspara. This will not be recorded going forward and should lead to better profitability of the overall company being reporting in the coming quarters.

Other income (expense) was $(5,552) for the first quarter of 2006 compared to $(5,308) for the first quarter of 2005.

The gross margin of (33%) in the first quarter of 2006 was attributable to the acquisition and operations of Inspara being brought into the overall company. This figure is not being compared to previous years of operations as the operations of the Company are significantly different than previous years. Going forward these margins should remain steady and there is no reason to believe outside competitive pressure would cause a decrease.

Liquidity and Capital Resources

For the three-months ended March 31, 2006, the Company used (2,033,602) in operating activities compared to ($1,877,131) for the three-months ended March 31, 2005. The decrease in cash used in operating activities of approximately $156,000 is most attributable to the decrease in shares of stock being issued for services. The Company has continued to borrow certain amounts from related parties to finance the quickened growth of the new enterprise solutions operations brought in to the company through the acquisition of Inspara. However, the Company would not require any additional capital to simply sustain operations and grow at a slower pace. The Company has made significant progress with respect to future funding. Funding is expected shortly, which will enable the Company to market, and continue to expand operations at a quickened pace. The current funding that is being contemplated would be through a loan from the Current CEO. Terms of this transaction are still being discussed. We anticipate that going forward; we will continue to streamline administrative, and professional fees to conserve cash flow. Once the recognition of increased revenues occurs, certain expenses will increase, but only in accordance with the increase in revenues.

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered recurring losses from operations and at March 31, 2006 had working capital deficits as noted above. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. However, with the acquisition of Inspara and the combining of all corporate operations, the Company is now in a position to sustain operations without further capital infusion. Additional capital would only be required to increase the pace of growth for the overall company. It is expected in the coming 12 to 18 months that through organic growth and strategically targeted acquisitions that the Company will be able to sustain a very high rate of growth and not require additional capital. However, the Company has chosen a path of a high rate of growth and there for will require additional capital in order to meet these goals at the present time.

May 22, 2006
 

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Posted by tmanfromtexas on :
 
Operating expenses for the three months ended 2006 were $2,033,602 as compared to $1,877,131 in the first quarter of 2005, an increase of approximately $156,000 due in large part to the decrease in marketing and promotional activity and in corporate expenses for legal and accounting and operating expenditures. However, the operating expense did include a large one time impairment of goodwill of $1,149,510 from the acquisition of Inspara. This will not be recorded going forward and should lead to better profitability of the overall company being reporting in the coming quarters.

Correct me if I am wrong but if you take the one time impairment of goodwill of $1.1m from the operating expenses you have an actual decrease of over $1m from quarter 2005 to quarter 2006 in operating cost. They still lose money but that could translate into over $4m for the year. TMAN...
 

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Posted by Dustoff101 on :
 
No reaction, nodda, zip, no cigar...Level2's just sit.

Hey! buy a few, maybe NITES boy fell asleep at his Monitor.! LOL

Just heard where NITE has $400,000,000.00 in free capital..

Let's SUE HIM! They said they were looking for a home for the money! I'll take some!
 

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Posted by tmanfromtexas on :
 
Ya know Dust, when I read a 10Q etc, and I think it sux the price of the stock skyrockets and vice versa. I didnt like all that I saw but with the reductions in expenses and the share count possibly going down to around 250mm shares I would have thought this would do something. Oh well, I planned on holding for $30. anyway so what the hell. lol. TMAN...
 

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Posted by tmanfromtexas on :
 
hey dust, you out, you day trader you? lol. TMAN...
 

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Posted by Dustoff101 on :
 
Nope, but I am begining to doubt my judgement! LOL

Geezz, I should of stuck to my bid, instead of buying more on the ask at .064
 

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Posted by tmanfromtexas on :
 
This is the MOST BIPOLAR stock I have ever owned in my entire life. LOL. TMAN...
 

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Posted by Dustoff101 on :
 
Got another buy in at .061

Heads up! Nice buy just went thru...This could be something. L2'S are coiled like a spring.
 

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Posted by tmanfromtexas on :
 
HOLY SHEET Batman. WTF happened here. IS this thing tied to OMOG some how. lol.
 

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Posted by Dustoff101 on :
 
TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR!
Ouch!
 

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Posted by tmanfromtexas on :
 
I am starting to feel like how those traders in India felt earlier in the week. Unfortunately there is no tall building or river near me. WAIT there is a freeway. If I am quick enough and get a big ole semi to utilize it wont hurt to much? Right? j/k
I got an order in for .051. Lets see if it fills. At this speed I will own the whole damn float soon. lol. TMAN...
 

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Posted by Dustoff101 on :
 
Cramer says we are as dumb as a sack of Hammers! Gee thnx..LOL
 

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Posted by tmanfromtexas on :
 
Maybe I am but got 10g more at .051. TMAN...
 

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Posted by Dustoff101 on :
 
T-Man,Look on the bright side, maybe ya'll will catch Bird Flu, hmmmmmm, a coma till Fall? thats the ticket! LOL
 

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Posted by tmanfromtexas on :
 
Its just money right? TMAN...
 

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Posted by Dustoff101 on :
 
Got some at .05! ya baby! up we go .054!

Hows that for a pump job!
 

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Posted by Dustoff101 on :
 
Bid .054
Ask .055

Up 8% today
 

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Posted by Dustoff101 on :
 
T-MAN Kinda quiet ain't cha? Moving up on the ask this morning..

Bid.052
Ask .055

Last .055
 

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Posted by Dustoff101 on :
 
Up 11.11 %

Buying at the Ask..

Bid .056
Ask .06

Last .06
 

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Posted by tmanfromtexas on :
 
Hey Dustoff, glad to here you picked some more up. I have been traveling since Wednesday afternoon. I drove out from Long Beach back to Cleveland Texas. 1600 miles in 28 hours. Not bad timing while pulling a 5th wheel travel trailer. lol. I keep hoping we have a base put in here but I never can know. I hope they come out with some guidance so we can get a run. TMAN...
 

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Posted by Dustoff101 on :
 
Been trying to buy a few more on the Bid, no Cigar.
 

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Posted by Dustoff101 on :
 
Hey!! It Lives!!!!!!!!!! UP 10%

Oh' the Humanity of it all!

Now thats a pump job!!
 

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Posted by Dustoff101 on :
 
UP 16% Now!
 

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Posted by Dustoff101 on :
 
Graphics do not show a lot of Liquidity on the ask...L2'S show a stack at .06 but that could just be a window dressing to bust right thru..

But I wouldn't count on anything the way this thing behaves.
 

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Posted by tmanfromtexas on :
 
I am just glad to see green. I cant believe there would be alot of people wanting to sell at 6 considering there hasnt been a lot of volume to get us here. They havent released any follow up news to the 10q which is unusual for JF. TMAN...
 

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Posted by tmanfromtexas on :
 
Interesting... financials out on sttc. IF it wasnt for the goodwill write off for Inspara they would have almost broke even for the quarter. Net loss of 1.75mm verses the write off of 1.5mm. I am starting to wonder if they will show a profit next quarter. If I am not reading that correctly let me know because, dang I am almost excited. TMAN...
 

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Posted by Dustoff101 on :
 
t-man, I'm basicly playing this one blind..

Leeds knew something about management, that was basicly his pump on this...Management!
 

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Posted by MickeyG on :
 
This stock has been dead for months.Bad Peter Leeds Pick
 

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Posted by Dustoff101 on :
 
16% today does show some life..Barely LOL

Mickey was that you that made a comment to me yesterday on another thread? It was deleted by a Mod so fast I can't remember if it was you or not..If so care to make it again?
 

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Posted by tmanfromtexas on :
 
Its still hanging in there. Maybe they are being quiet and will bust us with a pr saying they are being bought out at 1.00 a share. NAH, we arent that lucky. lol. TMAN...
 

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Posted by tmanfromtexas on :
 
Well I got some more at .042. I have to wonder if something is up. JF has been wayyyyy too quiet for tooo long. Dust, you hangin in there or am I the only bag holder. LOL. TMAN...
 

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Posted by Dustoff101 on :
 
Funny you should post, I've been buying all morning at .042 myself.

Bid in at .041 for more.
 

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Posted by Dustoff101 on :
 
Damn, sure am glad I loaded up at .042
.046 last
 

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Posted by Dustoff101 on :
 
There is .049 on the ask!
 

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Posted by Dustoff101 on :
 
T-Man, heads up! LOL
Hey I am doing a lousy job of pumping this thing! Your turn!

Peaser?

Hey if a Cartoon can be puMped to $70 million gross, why not here! LOL
 

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Posted by Dustoff101 on :
 
Bids coming up.
 

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Posted by tmanfromtexas on :
 
Man Dustoff, this is hard to watch everyday. I dont understand the lack of info from the company. I am also surprised that JF hasnt picked up another 1mm shares at this price. lol. If I was him I would cost average down like the rest of us. It is a good sign that he hasnt sold and the float is around 250mm. They did put out an S8 giving some shares in lieu of payment but it wasnt anything outragous. I guess those folks sold out. Oh well if it goes to the 3s I will pick some more up. TMAN...
 

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Posted by tmanfromtexas on :
 
Hmmm, will I get more in the 3s today? Time will tell. TMAN...
 

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Posted by nypdblue84 on :
 
This stock is just a terrible Peter Leeds pick
 

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Posted by Dustoff101 on :
 
Another happy Leeds customer! LOL ,,,Ya, Leeds is really having a bad time of it.
 

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Posted by tmanfromtexas on :
 
LOL Dustoff. Maybe we can get the ole boy that pumped NDOL to come over and give us a boost. I cant wait to get to the low 3s so I can buy some more. not. Well maybe. Having a 100G shares would be a nice number. Damn I almost have 100G of this stock. Crap what was I thinking. OH YEAH!!! Some stock guru on yahoo has it going to 33. a share. WE will have our day, I just dont know what year its going to be in. Sorry for the negative thoughts but something is gotta give. Have you tried to contact JF Dust? I may tomorrow if I get a chance. TMAN...
 

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Posted by Dustoff101 on :
 
Just holding and accumulating some occasionaly, same o same o
 

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Posted by Dustoff101 on :
 
T-man, been loading fairly heavy from .032-.034
Looks like we finaly have bottom...

But how many frigging times have we thought that now! LOL
 

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Posted by Dustoff101 on :
 
Shiced, is that a word? Anywho, Me is beginning to smell a rat...And it better not be named dilution...Arrgggg, grrrrrr
 

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Posted by Dustoff101 on :
 
Bought another 35,000 at .03-.031 t-man! ya I know, I've lost my mind..97,000 shrs now. done, fini, no more, well ya get the picture...

Now I just sit and watch meself go down the drain....

BTW...Eat your heart out, cst av at .035 hehe
 

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Posted by DJP on :
 
put in a buy at .03 ...pump! pump! pump!
 

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Posted by Dustoff101 on :
 
Nope, looks like it's going to take the t-man to pump this thing up....
 

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Posted by Purl Gurl on :
 
I have been watching this one for thirty or
forty-five minutes. Not a single trade.
What is going on with this one?

Purl Gurl
 

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Posted by Dustoff101 on :
 
Thought I smelled a rat this am, looks like dilution....But I is still playing a hunch on this one, dumb, but I used to drink a bit playing poker, and would bet blind.
 

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Posted by Purl Gurl on :
 
Really strange, a good 1.1 million shares traded
then suddenly no trades for, now, about an hour.

Purl Gurl
 

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Posted by Dustoff101 on :
 
Breaking out a tiny bit, but moving again.

With 97k each tick up is fun to watch!
 

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Posted by Dustoff101 on :
 
Ok, time for a pump..........PUMP
 

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Posted by Double Deuce on :
 
This goes lower imo.

on watch though,love the stock.
 

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Posted by gman2974 on :
 
This stock is sooooooooooooo bad,always down.
 

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Posted by Dustoff101 on :
 
No great revelation, heck everybody knows that..
I just play the thing in the blind...
 

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Posted by Dustoff101 on :
 
gman, your not fooling anybody, you still got a NDOL hangover...Only posts I see of yours are NDOL one on AURC and here...Now what was that about bashers on the NDOL thread?

Why is it you guys never list a state anyway?
 

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Posted by Dustoff101 on :
 
gman, checkmate.. You just might find yourself going bye bye....Drop the NDOL vendetta now. Allstocks will not tolerate the games anymore.
 

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Posted by MEMY SELFANDI on :
 
dust, your not trying to suppress opinion are you?
surely gman is intitled to express his opinion of this stock.
MEMY
 

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Posted by Dustoff101 on :
 
Read his history of posts, then come back and tell me what you honestly think is going on.
 

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Posted by MEMY SELFANDI on :
 
i just take his post at face value , i didn't see alot of bashing from him here. you have to admit it's not a great looking chart.
MEMY
 

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Posted by Dustoff101 on :
 
Listen up, read the thread, this one..It's all there, nobody is trying to sell this POS to anybody..

If you want to play silly little games with me, have at it.10 PM Hawaiin right.1AM West coast.Plenty of time till the open..

But if you think your pulling anything off, you are sadly mistaken..
 

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Posted by MEMY SELFANDI on :
 
Dust
I am neither sad nor mistaken,and i am certainly not trying to pull anything off. and i never said you were trying to sell this pos to anybody . simply stated that gman was intitled to his opinion, and i don't think you should try and intimidate him with threats of banishment.
10:16 PM Hawaii time or maui midnight,
G'night dusty sweet dreams
MEMY
 

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Posted by Dustoff101 on :
 
Not a threat dude, more like a fact.
NDOL tells his story..
 

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Posted by Double Deuce on :
 
POS or not this stock can make you money. It's oversold and will likely trend a little lower based on T/A. When it bottoms, I'll be scooping it up.
 

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Posted by Peaser01 on :
 
Blame Mr. Leads for leading you on D.

Might be a bottom play here soon.
 

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Posted by Dustoff101 on :
 
Well, there ya go....POS is a little strong in langauge, but sometmes tempers can flair around this territory we call Wall Street...

But I seldom lose my temper, for tempers sake..As folks know, when I do, it is for a darn good reason.

What you may of read in recent posts is the fact that some' still think vendetta's will be tolerated on Allstocks..

When a poster was in the wrong, and an obvious pumper and or attack dog, of an un-reasonable position in a failing stock, well their history and performance in other circumstances is fair game.

Purl Gurl gave plenty of herself to fight thru the last go around of this nonsesense...... Speaking in general terms, don't the folks now think the rest of us need to do some of the heavy lifting in that department..If we relax, they will just start playing their silly little game, and we will have to go thru the garbage removing project all over again..What a waste of time and money lost because of distraction..Stay on top of it? Well, we might not have to go thru it again.

OK, time to get to work and make some DOUGH!!!!!!!!!
 

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Posted by gman2974 on :
 

quote:

---

Originally posted by Dustoff101:
Not a threat dude, more like a fact.
NDOL tells his story..

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I have not bashed anything dust,all I said was thios stock was bad and yes it has been bad,only downward for months now with no volume.If I were bashing it I would say don't buy this it is a POS you will lose aeverything,but this can come back just like NDOL WILL come back and I did not bash NDOL either so get real about getting banned for my opinion ,you bash ndol with your girlfriend all day long.I just state my opinion here which just happens to be true on STTC.You can't really tell me that this stock has been good,can you? No,I did not think so,so move on to something else.
 

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Posted by Dustoff101 on :
 
Listen up bucko, you are just making a damn fool outa yourself..Git! you are becoming a major pest.
 

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Posted by Dustoff101 on :
 
Ok, gman, here's the deal..Are you going to be honest with readers and drop the vendetta?

Or do YOU decide to pursue your silly little agenda.

Think before you post..
 

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Posted by Dustoff101 on :
 
Ok, nuff' time wasted...

Back to the stock..

It's up! 3.23% LOL
 

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Posted by Dustoff101 on :
 
Good grief! up 6.45% now...Eyes bugging out.LOL

I guess I had better keep cussing this stock out!
 

---

Posted by Dustoff101 on :
 
Up 8% now.

No news.
 

---

Posted by gman2974 on :
 
Bottom line on this is that it is a huge long term hold,small gains and then dips again,has been doing this for months now.Actually since april when it was close to 8 cents.I had this stock and am not bashing it,it just will not make you a good amount of money anytime soon,maybe in the future but not now.Again a basher would say never buy this,i am not saying that(that was for the mods),It could be a winner down the road,but again has been bad for months.wait for some real news on this.Dust calls me bucko,guess we touched a nerve here,but I guess name calling is OK here.
 

---

Posted by Dustoff101 on :
 
Thats it....Warned ya.
 

---

Posted by Dustoff101 on :
 
Hey! I may actually go green here in a minute or two..LOL
 

---

Posted by Dustoff101 on :
 
Not sure of dilution, but suspect...
Trading blocks and volume are a bit odd again today.

3 digit trades and gapping a little also.
 

---

Posted by METS2006 on :
 
.03 cents now,doing real well,buy more
 

---

Posted by Dustoff101 on :
 
Well, how interesting..........Your first post on Allstocks.
 

---

Posted by Relentless Despot on :
 
Actually, the chart does suggest a possible reversal.. atleast it is quite oversold...


Be quick about it.. don't fall in love
 

---

Posted by Dustoff101 on :
 
Lmao!!!! Geezz man-------------> I am going to bail on this nitemare fast!!

Figgered I might lose $500.00 betting in the blind on this POS..I do lose me mind about once a year on these stupid "SHOTS IN THE DARK" !

It did close at .032 tho......Let me know when ya stop laughing.
 

---

Posted by Relentless Despot on :
 
Dusty if you're in then actually you aren't so bad off.. RSI is under 30 and turning up.. Stochs are single digit and heading up..
Still a mile away from breaking any trendlines but you should be able to get out for a profit pretty soon.. give it a week or so.
 

---

Posted by Dustoff101 on :
 
Cost average at .0348
 

---

Posted by Relentless Despot on :
 
you should be fine.. probably hit the mid to upper .04's... maybe even .05's judging from the fifty day moving average's slope.
 

---

Posted by WarningModels1 on :
 
ok they have 2 brokers covering this stock and both of them have a target price of $30.00!!!! ok that has to be some kind of joke who is the brokers some kids from down the street and what broker is covering a penny stock.
 

---

Posted by Dustoff101 on :
 
I think thats some lunitc post in jest from another board....

Don't even bother intertaining the thought.
 

---

Posted by T e x on :
 

quote:

---

Originally posted by WarningModels1:
ok they have 2 brokers covering this stock and both of them have a target price of $30.00!!!! ok that has to be some kind of joke who is the brokers some kids from down the street and what broker is covering a penny stock.

---

what *are* you going on about?
 

---

Posted by Dustoff101 on :
 
Damn Tex, look above..LOL
 

---

Posted by WarningModels1 on :
 
why dont you guys look at yahoo finance and type the symbol and and look at the target price for a stock thats trading at .03 share. If this company has a target price of $30 share people would be tripping over each other to buy this stock.
 

---

Posted by Dustoff101 on :
 
Warning label, what in the heck are you up to?

NOBODY ON THIS THREAD HAS ADVOCATED $30.00 A SHARE!!!!!!!!!!

Read my post, I stated some lunitc, probably in jest made that post on another board...

You do know how to read ? right?

If you are going by T-man's post, well, he was joking! Again read thru.
 

---

Posted by Dustoff101 on :
 
Nite playing games here...That 300 signal was way to obvious...I think we may have a rat messing around with this stock...
 

---

Posted by Dustoff101 on :
 
Knight Capital Group Inc, I know you have people monitoring these boards. We also know you have been fined Millions of dollars for cheating..What was that last fine? $70,000,000.00

Scuttlebutt is you are over $500,000,000.00 upside down in short positions right now.

Just want to let you know I am doing everything I can to expose you..I am in contact with Congressional and Senatorial offices...I am keeping a track of much of your action..

Ya, we are just little people, but Bucko' we sit on the Jury...Have a nice day, ya 2 bit street hustler.
 

---

Posted by Dustoff101 on :
 
No cigar nite, you are going to have to give me more than that .032 to make me happy! LOL

Try again.

Nite, don't forget the FBI and SEC is watching your trade volume, timing, and general ops.
 

---

Posted by WarningModels1 on :
 
no i didnt see that post i was talking about the 2 brokers that are covering this stock who have a target price of $30 share
 

---

Posted by WarningModels1 on :
 
http://finance.yahoo.com/q?s=sttc.ob


look at the bottom of the page at atrget price of $30.88
 

---

Posted by Dustoff101 on :
 
Wow, that is absolutly Bee-Zarrrrr...

Must be some kind of miss-print..No wonder that rumor was flying around..Thnx dude for clarity.
 

---

Posted by METS2006 on :
 
Under 3 cents now,maybe we should buy it all for the run up from here
 

---

Posted by Dustoff101 on :
 
go ahead, I'm not buying anymore....Who knows ya might get some at .028
 

---

Posted by Dustoff101 on :
 
Well, this thread has some battle damage from the old Ndol war, which is now on mdol...So, lets move on.

Looks like strong open, unless NITE is up to his old fun and games...

Thanks to "the Bull dog " RD I took the time to really study the chart...He just might be right here folks...

Pre-market L2'S
Bid .033
Ask .034

Pressure seems to be moving it up...But it's pre-market and games time...

A 50% gain could come real quick with the right news. A lot of shares were purchased above these levels, .0425 looks like the lid to me for the first round of heavy selling..

could go to .028 on the downside.
 

---

Posted by Dustoff101 on :
 
Bid .034
Ask .035
 

---

Posted by Dustoff101 on :
 
Low fri---.029
Close-----.033
 

---

Posted by Dustoff101 on :
 
Not one sale into the bid at .034
 

---

Posted by Dustoff101 on :
 
15,000 shrs traded at .034

Bid .034
Ask .035
last .034

Nobody is dumping into the bid of any consequence.

Maybe this free fall is over.
 

---

Posted by Dustoff101 on :
 
There's .035
Ask .035
Bid .034

Total volume 25,000
Up 6.06%
 

---

Posted by Dustoff101 on :
 
Nice little pop in volume and PPS
Last .04
Up 21%
 

---

Posted by DJP on :
 
nice!
 

---

Posted by Dustoff101 on :
 
BLAST----OFF--------->ka---boom!
 

---

Posted by Dustoff101 on :
 
Get outa there NITE!
 

---

Posted by Dustoff101 on :
 
Get outa there NITE! Quit messing with me stock!
 

---

Posted by Dustoff101 on :
 
Market closed,
 

---

Posted by Dustoff101 on :
 
no news, could get interesting....
 

---

Posted by Dustoff101 on :
 
Here's something from another board...
Anything about the S-8's always get my attention..I am posting it verbatum.

------------------------------------------------
Remember, the S-8 filing that paid for operational expenses will not improve the Income Statement. The expenses still accrued, but were not paid for in cash. So, the cash balance will be improved (balance sheet) and the net cash used in Operating Activities will decrease (cash flow statement)…by paying for the expenses in S-8. But it will NOT affect the Income statement.

I’m assuming at some point; their “Professional Fee’s & Compensation Expenses” will not increase with increasing revenues. The cost of auditing/Sarbanes-Oxley will not substantially increase with increased revenues. And at some point, they will (I hope) stop hiring Executive Management/Consultant (i.e. Tucker McDonaugah) type of employees who don’t directly impact revenue. These Exec’s/Consultants are coming in to help in the expansion of the business. More importantly, they are helping to build the company to run itself at some point. Case in point is the Halsey Group coming in and setting up a standard procedure for all new sales processes. It was a one time upfront fee that will pay off for years to come. Remember, STTC is diligently looking for new acquisition opportunities and when that happens, the new companies acquired will be able to quickly adapt to STTC’s procedures that are now established.

This year could be the time where the company takes all these upfront costs. I don’t have to big of an issue with that AS LONG AS they are communicating their plan to current and potential investors! And since they are currently looking for an IR firm, I imagine they will be doing it soon.
-----------------------------------------------
The above is from R/B......I have noticed a fair and informed group of posters accross the boards..There is your garden variety pumpers and shall we say negative posters around, but all in all some reasonably squared away folks are buying into this company...
 

---

Posted by Dustoff101 on :
 
Find anything else Bigfoot? This really isn't all that bad a report, for a .035 stock? it looks mighty good to me..High rate of capitol? Thats the burr under the saddle, but if needed leaves some room..Could roll along without it just fine.Thats the specualation factor, are these guys competent to High Roll and pull it off.
-------------------------------------------------

10QSB: SOFTNET TECHNOLOGY CORP.


By Edgar Online - (EDG = 10Q, 10K)
Last Update: 5/22/2006 2:19:17 PM Data provided by

(EDGAR Online via COMTEX) -- Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.

Introduction and Forward Looking Statements

This document contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause SoftNet Technology Corp's ("SoftNet") actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. SoftNet cautions investors not to place undue reliance on forward-looking statements, which speak only to management's expectations on this date.

Certain statements contained herein, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Such forward-looking statements are identified by words such as "intends", "anticipates", "hopes" and "expects", among others, and include, without limitation, statements regarding the Company's plan of business operations, anticipated revenues, related expenditures, and the results of any business transactions. Factors that could cause actual results to differ materially include, among others, the following: acceptability of the Company's services in the market place, general economic conditions, political and economic conditions in the United States and abroad, and competition.

The following discussion and analysis highlights the financial position and results of operations of SoftNet as of and for the three months ended March 31, 2006 compared to the three months ended March 31, 2005. The business activities of the Company are now that of the two wholly owned subsidiaries: Indigo Technical Services, Inc. and InsPara Networking Technologies, Inc.

The Company anticipates that their sources of liquidity will come from the private sale of the Company's securities to cover the funding of corporate expenses, such as legal and accounting and filing fees, as well as Sarbanes-Oxley compliance.

As disclosed in the Company's 8-K dated January 17, 2006, the Company entered into a certain Plan and Agreement of Reorganization (the Agreement) with Inspara, Inc. (InsPara) pursuant to which InsPara would merge with and into the Company (the Merger). The closing of the Agreement took place on January 18, 2006 and the Merger became effective retroactively to January 1, 2006.

The Merger was accomplished pursuant to the Agreement which was attached to the Company's 8-K dated January 17, 2006 and is incorporated herein by reference. Under the Agreement, the stockholders of InsPara will receive, pro rata, a total of 49,999,998 shares of this Company's Common Stock (the Acquisition Shares). The Acquisition Shares are unregistered shares and will only be free trading upon a filing of a Registration Statement for the Acquisition Shares, or an exemption from the registration thereof. Immediately following the closing of the Merger, Doug Wetzel resigned from the Board of Directors of the Company and Kevin Holt, the Chairman and C.E.O. of InsPara,

was appointed to fill the vacancy created by Mr. Wetzels resignation. Prior to the execution of the Agreement, there were no material relationships between (i) InsPara or any of its affiliates, or any officer or director of InsPara, and

During the three months ended March 31, 2006, the Company sold Solutions Technology, Inc. for $100,000, and also disposed of its German subsidiary SoftNet International, Inc. The resulting gains from disposal are included in the Company's financials for the three months ended March 31, 2006.

Results of Operations

Three Months Ended March 31, 2006 and March 31, 2005

Revenues for the three months ended March 31, 2006 were $1,093,523 as compared to $231,683 for the three months ended March 31, 2005. As mentioned, the Company's acquisition of Inspara and combination of business operations with Indigo Technology Services consulting were the reasons that the Company experienced very fast revenue growth.

Cost of sales for the three months end March 31, 2006 was $733,973 compared to $97,174 for the three months ended March 31, 2005. The increase in cost of sales was manly due to the increased operations of the Company from the acquistion of Inspara.

Operating expenses for the three months ended 2006 were $2,033,602 as compared to $1,877,131 in the first quarter of 2005, an increase of approximately $156,000 due in large part to the decrease in marketing and promotional activity and in corporate expenses for legal and accounting and operating expenditures. However, the operating expense did include a large one time impairment of goodwill of $1,149,510 from the acquisition of Inspara. This will not be recorded going forward and should lead to better profitability of the overall company being reporting in the coming quarters.

Other income (expense) was $(5,552) for the first quarter of 2006 compared to $(5,308) for the first quarter of 2005.

The gross margin of (33%) in the first quarter of 2006 was attributable to the acquisition and operations of Inspara being brought into the overall company. This figure is not being compared to previous years of operations as the operations of the Company are significantly different than previous years. Going forward these margins should remain steady and there is no reason to believe outside competitive pressure would cause a decrease.

Liquidity and Capital Resources

For the three-months ended March 31, 2006, the Company used (2,033,602) in operating activities compared to ($1,877,131) for the three-months ended March 31, 2005. The decrease in cash used in operating activities of approximately $156,000 is most attributable to the decrease in shares of stock being issued for services. The Company has continued to borrow certain amounts from related parties to finance the quickened growth of the new enterprise solutions operations brought in to the company through the acquisition of Inspara. However, the Company would not require any additional capital to simply sustain operations and grow at a slower pace. The Company has made significant progress with respect to future funding. Funding is expected shortly, which will enable the Company to market, and continue to expand operations at a quickened pace. The current funding that is being contemplated would be through a loan from the Current CEO. Terms of this transaction are still being discussed. We anticipate that going forward; we will continue to streamline administrative, and professional fees to conserve cash flow. Once the recognition of increased revenues occurs, certain expenses will increase, but only in accordance with the increase in revenues.

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered recurring losses from operations and at March 31, 2006 had working capital deficits as noted above. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. However, with the acquisition of Inspara and the combining of all corporate operations, the Company is now in a position to sustain operations without further capital infusion. Additional capital would only be required to increase the pace of growth for the overall company. It is expected in the coming 12 to 18 months that through organic growth and strategically targeted acquisitions that the Company will be able to sustain a very high rate of growth and not require additional capital. However, the Company has chosen a path of a high rate of growth and there for will require additional capital in order to meet these goals at the present time.

May 22, 2006
 

---

Posted by Dustoff101 on :
 
pre-market
bid .034
ask .036
 

---

Posted by Dustoff101 on :
 
Anybody see an entire page laying around any where? --------------> Gone with the wind?
 

---

Posted by Dustoff101 on :
 
Close .036
Up 9.09 %

'been trading partial flips on this thing..
So far? Recoverd my initial loss..

Green now...Very hard to sell on the ask sometimes...

Still holding 43,000 shrs.
Cash stash for a breakout next week for a breakout stock? about $2700.00

Paid some bills------------> splat! trading account # 1
 

---

Posted by tmanfromtexas on :
 
Well, I am back for a few days and see my favorite stock has went to a level where I had to buy some more. It took almost all day to fill a small order. Hmmmm, I wonder if that is a good sign. Dustoff... you still around? Last I heard you were soon to be out of the hospital. I hope all is well. TMAN...
 

---

Posted by Blue Marlin' on :
 
T-Man, Blue Marlin' = Dustoff

Out of hosp. doing fine. Ticker and some other stuff...Thnx for the concern.
 

---

Posted by tmanfromtexas on :
 
Hey Dust, good to here that your ok. I wish I could say the same about this stock lol. You trying to throw me off with the name change lol. TMAN...
 

---

Posted by Blue Marlin' on :
 
Yep! I am trying to hide from this damn stock! LOL
 

---

Posted by tmanfromtexas on :
 
LOL. I was thinking we had some one new that had bought in and was all depressed like the rest of us. lol. On a serious note, all we need is a new PR firm to help with information flow, a good 10q and good numbers. With that and any noted reduction in shares we might see some good action here. If we dont get the above mentioned items we may have a tax loss on our hands. TMAN...
 

---

Posted by tmanfromtexas on :
 
Well we finaly broke the news drought...

SoftNet Technology Divests Ownership of SoftNet International GmbH
Monday July 24, 3:01 pm ET

CRANFORD, N.J., July 24, 2006 (PRIMEZONE) -- SoftNet Technology Corp. (OTC BB:STTC.OB - News) (German WKN#:A0B7RZ) is pleased to announce that the consolidation of STTC's business operations is now just about complete with the sale of SoftNet International GmbH to Alexander Holtermann. Mr. Holtermann repurchased the German subsidiary by returning 5 million shares of SoftNet Technology Class A Common stock.
ADVERTISEMENT

All documents necessary to complete this transaction have been signed by all of the parties to the transaction. The last document, a Certificate of Incumbency has been sent to the Secretary of State of New Jersey to certify the Certificate of Incumbency's authenticity and will then be sent to legal counsel in Frankfurt, Germany as required by German law. This will complete the effort to rid SoftNet of nonessential and nonperforming business operations.

SoftNet, however, recognizing the vitality of the global marketplace, will not limit operations to the United States as international expansion has already been put into place with SoftNet currently performing work in Canada. Current President and Chief Operating Officer, Kevin Holt, has led expansion into international markets for previous corporations that he was involved in, and will do the same for SoftNet Technology. These expansion plans will be evaluated in the coming weeks and months and will be strategically implemented in an organized and well thought out manner.

As a significant step towards maximizing internal synergies and brand-building efforts, as of July 1, 2006, all the technical steps were taken and the proper filings were completed officially merging Indigo Technology Services, Inc. (a wholly owned subsidiary of SoftNet) into SoftNet. Accordingly, all continuing operations of the Company will be conducted under the name SoftNet Technology. There are additional corporate actions that will be instituted in the coming weeks that will prepare SoftNet for sustainable growth and with a view to eventually listing the company on a United States Listed Exchange.

``We have now completed the majority of the required corporate actions we felt were necessary to take this company into the future and allow for management to build shareholder value,'' said Mr. James M. Farinella, CEO of SoftNet Technology. ``We can now focus our energies on growing SoftNet organically and through strategically planned acquisitions.''

Please visit our website at http://www.softnettechnology.com for more information or for Investor Relations, the company directly at 866-898-4842 (local - 908-204-9911) James M. Farinella, CEO.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.


Contact:
SoftNet Technology
James M. Farinella, CEO
(866) 898-4842
(908) 204-9911
www.softnettechnology.com


--------------------------------------------------------------------------------
Source: SoftNet Technology Corp.

5mm more shares returned. now we need a good quarter...TMAN...
 

---

Posted by tmanfromtexas on :
 
Wow, two press releases in 3 days. This one isnt to shabby either. BTW, am I the only bag holder left. lol. I will turn out the lights when I sell. TMAN...
 

---

Posted by tmanfromtexas on :
 
CRANFORD, N.J., July 26, 2006 (PRIMEZONE) -- SoftNet Technology Corp. (OTC BB:STTC.OB - News) (German WKN No.: A0B7RZ) is pleased to announce that $1,030,000, plus accrued interest has been eliminated from SoftNet's balance sheet. This leaves approximately $400,000 of long term debt held by current CEO James M. Farinella.
ADVERTISEMENT

The approximately $1 million of retired long term debt was converted into a total 5 million restricted shares of stock (one year restriction) and 20 million warrants convertible at $.035. These warrants will expire at 5 PM Eastern Standard Time, on April 30, 2007, if not exercised. There will be an additional one-year restriction from the time of conversion (if conversion does occur) on all warrants that are exercised and converted into Class A Common Shares. A complete reduction of all of the company's remaining long term debt is currently being negotiated.

On other corporate matters, David Facciani resigned from the Board of Directors effective June 30, 2006. A new addition to the Board is expected in the next few weeks. A qualified stock option plan is being discussed and is going to be instituted for the SoftNet employees and sales personnel as an incentive to continue to expand the sales and profitability of the Company.

Mr. James M. Farinella, CEO of SoftNet Technology, stated, ``We are very pleased to have retired this debt. We are really creating a fundamentally strong Company. Putting in place the proper corporate structure, combined with the great management team and sales force, is really positioning SoftNet for a very bright future.''

Please visit our website at http://www.softnettechnology.com for more information, or for Investor Relations, please contact the company directly at 866-898-4842 (local 908-204-9911) James M. Farinella, CEO.

forgot to add...TMAN...
 

---

Posted by Dustoff 1 on :
 
LOL! T-man, been 'laying low!

Wanna guess what price I've been buying at?

Ha Ha been loading at .028-.029

Didn't want to bring in the vendetta types, by posting to early..

Seat belt time to hurry up and wait, ya think?
 

---

Posted by tmanfromtexas on :
 
Hey Dust. I am ready for the ride thats for sure. The ole boys at rb still think we can get back to .30. If we have any net revenue this thing may make it. I will be paying off some chit if we do. TMAN...
 

---

Posted by Dustoff 1 on :
 
Heads up .031
 

---

Posted by Dustoff 1 on :
 
Up 17.24% now

.034
 

---

Posted by Dustoff 1 on :
 
Up 20.69% now
.35

Only buyers on the ask now..

.04 starting to build.
 

---

Posted by Dustoff 1 on :
 
Up 27% now!
.037

This might be the run the people.!
 

---

Posted by Dustoff 1 on :
 
Up 34.48% now

.039
 

---

Posted by Dustoff 1 on :
 
Up 41.38% now

.041
 

---

Posted by Dustoff 1 on :
 
Up 48.28% today

.043
 

---

Posted by stocktrader22 on :
 
L2's?
 

---

Posted by Dustoff 1 on :
 
100K buys at .043
 

---

Posted by Peaser on :
 
I'm in. What gear is thing thing in?
 

---

Posted by stocktrader22 on :
 
Look's like MM are trying to hold this back before it pops check out the spread
 

---

Posted by Dustoff 1 on :
 
For what it's worth...

Peter Leeds has a profit taking recommendation above .35

Can't give precise target because of agreement in subscirption..

Leeds claims to be 100% non Biased..

The firm excepts no compensation whats so ever from the companies they profile.
 

---

Posted by Peaser on :
 
.04 x .043
 

---

Posted by Peaser on :
 
Might get a little movement around 1:30 IMO.
 

---

Posted by Dustoff 1 on :
 
H.O.D so far .047 14:01:25 HRS.

Up 62.07%

Volume at 3,449,929
 

---

Posted by Dustoff 1 on :
 
Hope folks checked it out at half past 10am this AM when I started a Hollering! Peaser, hope ya got in right..

Took out some very nice profits, still holding a nice position..

I had way to many shares..LOL

Man O man do I ever feel comfortable now with this stock!! I have cussed this stock out for months!!!
 

---

Posted by BooDog on :
 
my squeeze challenge went somewhere?

from the 25th
how bout STTC ???

http://stockcharts.com/h-sc/ui

NEVERMIND bad pick [/QUOTE]Okay maybe a good pick on the chart but low volume. Looks like they are cleaning house and could have a small run.
http://stockcharts.com/h-sc/ui?s=sttc&p=D&b=5&g=0&id=0

other link didn't work [/QB][/QUOTE]

NewB doin pretty good
 

---

Posted by tmanfromtexas on :
 
Hey Dust, finally a good day. its nice to come into work on nights and see a nice gain for once. over 5mm shares traded. I guess the rest of the world caught the debt reduction as a good thing. I had an order in this am at .029 and actually got it. I was quiet happy. NOW where do we go. TMAN...
 

---

Posted by Peaser on :
 
Nice tman. Hopefully this can shift into second gear today.
 

---

Posted by Peaser on :
 
Starting to look good so far.

2 *.043 x 2 * .044
 

---

Posted by Peaser on :
 
1 left now at .044
 

---

Posted by Peaser on :
 
LOL, what's the deal with this stock and 10am?

Two days in a row it appears it has changed gears around this time.

Needs to get back above yesterday's high today IMO.
 

---

Posted by Peaser on :
 
.044 x .045 now.
 

---

Posted by Peaser on :
 
140,000+ bought at .045. Slow and steady!

.045 x .046
 

---

Posted by Peaser on :
 
.0475 will be the first test today IMO.

.046 x .047
 

---

Posted by Peaser on :
 
Could bounce .042 IMO.
 

---

Posted by Peaser on :
 
Now we just need ARCA to dissappear on the ASK and I think it might go for round two.
 

---

Posted by Peaser on :
 
ARCA just disappeared, for about a minute. lol
 

---

Posted by Peaser on :
 
Closed on the 50 Day moving average .04, and held up fairly well on Friday.
 

---

Posted by Peaser on :
 
Just picked up a little more at .032.
 

---

Posted by Peaser on :
 
We have movement! Woo Whooo! lol

Just picked my face outta the keyboard.

.033 x .033
 

---

Posted by Peaser on :
 
.033 x .035
 

---

Posted by Dustoff 1 on :
 
I got some nice buys in at .031 ha ha peaser!

T-Man, having fun yet! LOL
 

---

Posted by Peaser on :
 
You suck. I thought about .031, didn't think I'd get filled there though. DOH!

Nice Job. I see that the mysterious "0" has re-appeared.

Now we can see all of winner's you've picked in the past year and a half again.

Ruff!
 

---

Posted by tmanfromtexas on :
 
Hey Dust. I was sleeping as the price readjusted itself today. They came out with pre earning news which is kinda unusual for STTC. The gross was 1.5m for the quarter, up 500000 from last quarter. HMMMM I wonder if we will show a profit? TMAN...
 

---

Posted by Dustoff 1 on :
 
Heads up!!!! Folks!!
Check this out...

Close .033

Who gits to say---------KA--->BOOM!!


SoftNet Technology Corp. (STTC) -- 3:55:05 AM EDT

On Monday SoftNet Technology Corp. (STTC) announced that they have expanded total revenue by more than 38%. Preliminary numbers show revenue jumping from approximately $1,093,523 to $1,518,904. "It's hard to believe, but we actually eliminated most long term debt and increased sales at the same time," said Mr. James M. Farinella, CEO of SoftNet Technology. "Also, we not only extended the first quarter growth into the second quarter, but actually increased the rate of growth. I do not know the percentage of growth that we will experience in the 3rd quarter, but I will say that it again will be phenomenal."



 

---

Posted by BooDog on :
 
I got my SFNT and STTC mixed up (soft net / safe net - must be loosing my memory). lol I know you have been watching this one for a long time. I'm picking a target of .12. It is still a pink but duel citizenship should help it.

[ August 01, 2006, 07:39: Message edited by: BooDog ]
 

---

Posted by Peaser on :
 
Now dats'a spicia meatball!:

http://biz.yahoo.com/pz/060731/102977.html
 

---

Posted by Dustoff 1 on :
 

quote:

---

Originally posted by BooDog:
I got my SFNT and STTC mixed up (soft net / safe net - must be loosing my memory). lol I know you have been watching this one for a long time. I'm picking a target of .12. It is still a pink but duel citizenship should help it.

---

=================================================
Huh? STTC is not a pink..
SFNT is a $17.00 Nasdaq.

STTC L2'S at 09:14
Ask .041
Bid .04
Close .033

Watching it? yep
Playing it? yep
Swinging this stock has been very profitable for me..
 

---

Posted by Peaser on :
 
You forgot yep.
 

---

Posted by Dustoff 1 on :
 
.045 ask,,,, yep lol
 

---

Posted by Peaser on :
 
I don't think the .05's will last too long with that wall of .041 building on the bid.

Just gotta get to .05 first.
 

---

Posted by Peaser on :
 
.0475 is the current resistance point.
 

---

Posted by BooDog on :
 
I picked SFNT to do well this week and it's tanking, I had STTC as a squeeze play to rock very soon and here it goes. I was talking to someone over the weekend and had my softs mixed up. .... talking to myself now.
 

---

Posted by Peaser on :
 
.052 holding up fairly well on the bid here.
 

---

Posted by Peaser on :
 
Where's it gonna bounce is now the question. .047?
 

---

Posted by Peaser on :
 
Yup.
 

---

Posted by 10of13 on :
 
Doesn't want to break thru...
 

---

Posted by Dustoff 1 on :
 
Took a ton of profits on the ask..61-72% in multi accounts.

Still holding 50k free..

10, you get in right?
 

---

Posted by Peaser on :
 
It would be nice if this could get through that .055 today.

The three year chart on this is beautiful IMO.
 

---

Posted by 10of13 on :
 
Yep...debatin' on my exit..
 

---

Posted by bdgee on :
 
I'll vote for that Peas......
 

---

Posted by 10of13 on :
 
ARCA'S holdin' it down...blastard!
 

---

Posted by Peaser on :
 
FAGI at .045 on the ask should be getting pretty weak by now I would think.
 

---

Posted by 10of13 on :
 
FAGI...really needs to shnce the NICK...
 

---

Posted by 10of13 on :
 
FAGI fell...
 

---

Posted by Peaser on :
 
Bring on the .05's! fer cryin' out loud. lol

Slow and steady.
 

---

Posted by Dustoff 1 on :
 
nice buys on the ask
 

---

Posted by BooDog on :
 
i knew SFNT had it in 'er
 

---

Posted by Peaser on :
 
A 1 pm move?

End of pennant around 1:30.
 

---

Posted by Peaser on :
 
Nice, back to .05
 

---

Posted by 10of13 on :
 

quote:

---

Originally posted by Peaser:
A 1 pm move?

End of pennant around 1:30.

---

quote:

---

Originally posted by 10of13:

quote:

---

Originally posted by Peaser:
A 1 pm move?

End of pennant around 1:30.

---

and at 1;30..what do you see that it should do? Up or down?

---

Well, usually in an uptrend, end of pennants are a good thing.
 

---

Posted by Peaser on :
 
5 at .049 x 1 at .05
 

---

Posted by 10of13 on :
 
C'mon.,....1 x .051...
 

---

Posted by Dustoff 1 on :
 
looking good here folks..Best behaviour I've seen in months...LOL

Can't cuss the stock out anymore, 10 might make us swim the pond if we cut up...
 

---

Posted by Peaser on :
 
.051 say buh-bye?
 

---

Posted by Peaser on :
 
Looks like a possible .05 close for today if it doesn't get through .051 again today.

There currently is a pennant ending around 4pm today.

I still think we could see a nice little run come end of day though.
 

---

Posted by 10of13 on :
 
I wouldn't do that Dust...
 

---

Posted by Dustoff 1 on :
 
10, tempted to take some more profits, but, I am going to hold after watching the last few minutes..
 

---

Posted by 10of13 on :
 
yeah..i was also tempted...but it looks good for the moment...
 

---

Posted by 10of13 on :
 
Any concerns for the gap from this morning?
 

---

Posted by Dustoff 1 on :
 
a few, but the stock has never behaved like this before, atleast in the last few months...All these buyers at these levels might just keep ahold of their shares..
 

---

Posted by Peaser on :
 
None from me. IMO, I doubt this will see the .03's again, ever.
 

---

Posted by Dustoff 1 on :
 
Don't think we will see the 3's again..Gotta agree with the peas, on that.
 

---

Posted by Dustoff 1 on :
 
Hoping for a pull back into the fours now!!LOL
 

---

Posted by 10of13 on :
 
Wow..look at arca on the bid...
 

---

Posted by Dustoff 1 on :
 
well, looks like a new strategy is in order..

Think I better scratch the 4's idea..LOL
 

---

Posted by 10of13 on :
 
ARCA isn't on the ask side...HMMM
 

---

Posted by Peaser on :
 
.053 getting tested now.

C'mon .055+.
 

---

Posted by Dustoff 1 on :
 
T-man sure is going to be happy!
 

---

Posted by Peaser on :
 
LOL, ARCA on the ASK. I'm holdin'.
 

---

Posted by 10of13 on :
 
Ooops..there's ARCA...stoppin' on the ask...ARGH!!!
 

---

Posted by Peaser on :
 
Hmm, A bid at .0495 might be a good idea IMO.
 

---

Posted by 10of13 on :
 
I have mine just a little lower...
 

---

Posted by Peaser on :
 
Should bounce here at .049 IMO.

Good luck trying to get it for cheaper today.
 

---

Posted by Dustoff 1 on :
 
bid in here too...
 

---

Posted by 10of13 on :
 
Wonder why ARCA is stoppin the run?
 

---

Posted by 10of13 on :
 
Daytraders will be gettin' out around here...IMO
 

---

Posted by Peaser on :
 
Wonder if the 10Q will be out tomorrow?
 

---

Posted by Peaser on :
 
.049 x .05 25 minutes to go.
 

---

Posted by 10of13 on :
 
Pullin' back a little...
 

---

Posted by Peaser on :
 
Shakin' the tree a little. Nice call 10.
 

---

Posted by 10of13 on :
 
It can now stop shakin...I got my fill...LOL
 

---

Posted by Peaser on :
 
.046 bounce?
 

---

Posted by Peaser on :
 
Nope, .044 bounce.
 

---

Posted by 10of13 on :
 
Nope...guess not...
 

---

Posted by 10of13 on :
 
LMAO....I don't care from where..just bounce...
 

---

Posted by Peaser on :
 
It did, just a minor shake IMO.
 

---

Posted by Peaser on :
 
Nice day today. Hopefully, just the beginning.

Can not wait to see the 10Q
 

---

Posted by Dustoff 1 on :
 
Close .0475 up 43.94%
H.O.D .055
 

---

Posted by Peaser on :
 
Hmmm,

3,131,600 shares at .0475 bought at 16:19:41

That's $148,751.
 

---

Posted by tmanfromtexas on :
 
Hot damn!!! Up 44% on 16 million shares. 16 MILLION SHARES. I sure hope that 10q shows some improvement. TMAN...
 

---

Posted by Peaser on :
 
Very Nice Insider Buying, Form 4 filed, 20 Million Share Purchase:

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001144204%252D06%252D030568%252Etxt%26filepath%3D%255C2006%255C08%255C01%255 C&symbol=STTC
 

---

Posted by Peaser on :
 
The form 4 I believe was filed after the close yesterday because I have been checking multiple times per day for the 10Q the past few days.

That 20 Million share purchase; man, sure wish I had all them shares. lol
 

---

Posted by BooDog on :
 
wondering if this will hit Jan. high or better
 

---

Posted by Peaser on :
 
One of these days IMO BooDog, one of these days.
 

---

Posted by Peaser on :
 
Looks like ARCA is trying to collect some shares today.

Should bounce around .044-.045 IMO.
 

---

Posted by Peaser on :
 
Possible 10:30am low of day here, keep an eye on it.
 

---

Posted by Peaser on :
 
I wonder if ARCA will move from the ASK to the bid soon?

Lotsa buyers from .041-.043
 

---

Posted by Peaser on :
 
7 MM's between where this is and .05.
 

---

Posted by Peaser on :
 
There's ARCA at .0405.
 

---

Posted by Peaser on :
 
The gap closed this morning. Nice support at .04
 

---

Posted by BooDog on :
 
I agree Peas....starting CPR now you get the diffibulator
 

---

Posted by Peaser on :
 
lol, doin' a mo' back.
 

---

Posted by BooDog on :
 
building back up whatchya think?
 

---

Posted by BooDog on :
 
nice circle, someone tell these charts this isn't art school!
 

---

Posted by Peaser on :
 
Nite might not be at .044 much longer. Notice the 5000 share buys at .044.
 

---

Posted by BooDog on :
 
Could go either way next
 

---

Posted by BooDog on :
 
gettin a hollow sound on this thing ....knock knock knock,......echo.....ECHO!!!!!
 

---

Posted by Peaser on :
 
The L2's aren't showing the actual bid in there from UBSS.
 

---

Posted by Peaser on :
 
They pulled it. Now he's a part of the .04 wall.
 

---

Posted by BooDog on :
 
I wouldn't think this would go back into hybernation so quickly. Gotta put it back on radar again eh?
 

---

Posted by BooDog on :
 
Do you see the circles this chart is putting out? Crazy. Might actually push into an afternoon run.
 

---

Posted by Peaser on :
 
I'm awake, I'm awake! lol

Gettin' a little action here. L2's are looking a tad more healthy.

IMO, this should be a good stock to play for the next four months or so.
 

---

Posted by Peaser on :
 
Bid starting to stack at .042 now.
 

---

Posted by Dustoff 1 on :
 
16:05:33 705,500 shrs at .043
 

---

Posted by BooDog on :
 
I'm still in. Gonna see just where this goes. Potential is there charts a like a work of picasso.
 

---

Posted by Peaser on :
 

quote:

---

Originally posted by BooDog:
Do you see the circles this chart is putting out?

---

Not sure what you mean?
 

---

Posted by BooDog on :
 
BB was opening and closing forming a circle, did it a few times. I also had 3 line SMA going...looked like I was playing missle command on atari! Up hit penant then down hit then up again. lol....staying in something for 4 months?.....my wife would think i lost my mind. 9 positions 3 of which are in this type of limbo....just hangin, Like the summer time blues. Speakin of which it's pool time! Have a good night!

[ August 02, 2006, 16:51: Message edited by: BooDog ]
 

---

Posted by Peaser on :
 
Just saw yesterday's news, lol:

http://biz.yahoo.com/pz/060802/103116.html

Nice to see that all long term debt is now paid off!

Giddy-up.

How many penny stocks can claim that?

Should be an exciting year for STTC IMO.
 

---

Posted by Dustoff 1 on :
 
I like stocks with a phone number and address..
Having an employee doesn't hurt either!

Some of the stocks I've been working have none of the above! LMAO
 

---

Posted by Peaser on :
 
LOL, My crystal ball is calling for a green day today.
 

---

Posted by Dustoff 1 on :
 
All I know is I am putting in a very large bid down below [well over 100k]...If it fills? will be happyly surprised.
 

---

Posted by BooDog on :
 
looking for my target. Anyone see it hapinin?
 

---

Posted by BooDog on :
 
building very nicely eh pea?
 

---

Posted by BooDog on :
 
you may not fill till this afternoon dust or in the am tomorrow.
 

---

Posted by BooDog on :
 
you in dust?
 

---

Posted by BooDog on :
 
nice steady climb... what do you see pea?
 

---

Posted by BooDog on :
 
Looks like a set of steps... lil resistance comin up
 

---

Posted by Peaser on :
 
Hope the 10Q comes out by Monday.
 

---

Posted by BooDog on :
 
i hate financials when i'm in something...
fks it alll up!
This one might actually be pretty good though considering the are makin money now
 

---

Posted by BooDog on :
 
by the time we get to page 22 we should be sittin pretty good.

BooDogs new stock predictor.... by allstock thread page 22 we'll be .65
 

---

Posted by BooDog on :
 
check out the www.funnyplace.org bud lite commercials
 

---

Posted by Peaser on :
 
.045 should hold here IMO.
 

---

Posted by BooDog on :
 
stepped off a bit on the support, should be another mountain to climb in front maybe a bit wider on the up trend though - slowin down a bit, good support.
 

---

Posted by Peaser on :
 
Eturd might be gone here in a few minutes at .047 IMO.

No one is willing to sell down here IMO.

I've been accumulating on any dips under .043. Not an easy task.
 

---

Posted by BooDog on :
 
i'm just on a hold. see where this goes. It has the chart and the support to make a pretty good run IMO but like you said yest it may take more than a few days. If they keep the good news coming they will draw more attention.
 

---

Posted by Dustoff 1 on :
 
Atleast a portion of any shares held from the high 2's to low 3's should be held..

Daytrading a position on this thing is a snap currently..Advanced trading tools and skills are a must for Daytrading this stock..

Always check the RSI before pulling the trigger when buying.

Played right, with no "nonsense pumping" and we will do well on this play.
 

---

Posted by Peaser on :
 
Oh how I would like to see a chance at the HOD again into the close. It's been holding up well today.

100,000 just purchased at .047.

Like I mentioned before, I doubt that the .03's appear again, ever.
 

---

Posted by BooDog on :
 
i agree. charts are looking good right now. volume slowed and did not trigger daytraders. Chart looks like a rece track today. Painting the lines pretty straight. My daughter might actually be able to drive in those lanes.

[ August 03, 2006, 15:05: Message edited by: BooDog ]
 

---

Posted by Dustoff 1 on :
 
Peaser, I have bids staggered.

50% accumulation longer haul bids.

50% for day/swing trading...
Have appointments, must go!

I think my 72% profit swing and daytrade days are becoming an endangered species...LOL

Still should be some 25-30% swings left tho..
 

---

Posted by Peaser on :
 
Yeah D, IMO anything bought under .05 will become rare over the next month.

We just had another buy at .047. I like the pace this is at, patience should pay off for all of us. I will be playing this for at least the next four months.

[ August 03, 2006, 15:42: Message edited by: Peaser ]
 

---

Posted by Dustoff 1 on :
 
Peas, as long as we don't get greedy there are some very good swing/daytrades ahead..

Nothing wrong with picking up some side money, along the way.

When I tell ya my hold position you better be sitting down..LOL

Like I said, bids are in!
 

---

Posted by Peaser on :
 
I know you got some nice buys in there at .029 a few days ago. Jealous? YES I AM!

My low buy in is .033 on up to .043.

I doubt that I'll get a chance to get more at .043 or under, but my fingers are crossed.
 

---

Posted by Peaser on :
 
1,116,300 shares just purchased at .047 15:52:40
 

---

Posted by tmanfromtexas on :
 
Hi yall... Nice to see its holding up. I hope you are right Boo about the price but I think they have to have some serious reduction in overhead and become profitable at about 3 cents a share before we see that. According to their most recent S8 they have issued about 70mm restricted shares for reduction of debt and payment of services in the last 3 months. Next June we could see those come onto the market. Hopefully I will have made a tidy sum here and will play it next summer. lol. Have a great evening. TMAN...
 

---

Posted by Peaser on :
 
Strictly going by the chart, STTC has bounced and begun a new uptrend IMO. Again, I highly doubt that .03 will appear again.

This company has a past record of re-purchasing shares to reduce the float when they can, so I am confident in this company/stock.
 

---

Posted by BooDog on :
 
good morning & good luck
 

---

Posted by Peaser on :
 
http://biz.yahoo.com/iw/060804/0150840.html
 

---

Posted by Peaser on :
 
Currently there is a four day bullish pennant formed that looks to come to an end around close today.

This needs to close at/above .048 today IMO.
 

---

Posted by BooDog on :
 
I see it Pea, I also see a very good possible bull right after it holding it in the upper .04s, guess it depends on the next candle.
 

---

Posted by BooDog on :
 
Hey Pea whatchya thinkin about Monday?
 

---

Posted by 10of13 on :
 
I think it's lookin' pretty strong...we will see...
 

---

Posted by BooDog on :
 
major buying in the last 20 min's resistance wasn't very strong. Patience is paying for itself. Pea could be right about this taking a while.
 

---

Posted by Peaser on :
 
Hopefully STTC can put togther a few green days in a row next week.

Might get exciting if the 10QSB or new information comes out to us.

.055 current resistance I am guessing could be tested on Monday. We'll see what happens.
 

---

Posted by 10of13 on :
 
Had to bump this up..Monday is comin and this fell too far to the bottom of the posts...
 

---

Posted by Peaser on :
 
Here's the link for Money TV Interview with James Farinella, the interview starts about 13.5 minutes into the show:

http://www.emergingcompany.com/volume10week30.htm

[ August 07, 2006, 08:10: Message edited by: Peaser ]
 

---

Posted by BooDog on :
 
Add up the number of shares bought between 1535 and 1550 on friday. I think you'll be impressed.

sry, thats 3:35 and 3:50PM
 

---

Posted by bdgee on :
 
BOOM!
 

---

Posted by 10of13 on :
 
Broke..let's see if it will hold...
 

---

Posted by 10of13 on :
 
I think that we will have lots of sellers at .06...we shall see
 

---

Posted by Peaser on :
 
Nite at .06 is the only thing between this and .063. Waiting to see if he holds up at .06 for long or moves up.
 

---

Posted by Peaser on :
 
News Out: http://biz.yahoo.com/pz/060807/103390.html
 

---

Posted by Peaser on :
 
I wonder if glassman bought any?

He sure liked bashing this on the FHAL thread last week.

Dusty sure nailed the bottom on this a couple weeks ago.

I saw a pretty cool bozo the clown doll at an auction yesterday.
 

---

Posted by 10of13 on :
 
News...and we go down? ARGH!!!
 

---

Posted by Peaser on :
 
MACD looks to be bottoming, RSI hovering around 50.
 

---

Posted by maumee river rat on :
 
YOOO HOOO!!!

You all maken any money over here??

Good Mornin !! bye the way
 

---

Posted by Peaser on :
 
End of this current pennant around 11am.
 

---

Posted by 10of13 on :
 

quote:

---

Originally posted by maumee river rat:
YOOO HOOO!!!

You all maken any money over here??

Good Mornin !! bye the way

---

quote:

---

Originally posted by Peaser:
Just added a little more here.

---

 

---

Posted by BooDog on :
 

quote:

---

Originally posted by 10of13:

quote:

---

Originally posted by maumee river rat:
YOOO HOOO!!!

You all maken any money over here??

Good Mornin !! bye the way

---

Little by little....

---

WAS chasin a wabbit! dagone rat chased it away!
Lookin for another one...
 

---

Posted by 10of13 on :
 
LMAO...
 

---

Posted by Peaser on :
 
MACD flattening out again. Trying to turn back up again IMO.
 

---

Posted by Peaser on :
 
I wanted to repeat, this is not a day trading stock IMO. Patience.
 

---

Posted by bdgee on :
 
I agree with that 100%, Peas....

Money could be made daytrading this, but it is a heap o' work that way.
 

---

Posted by Peaser on :
 
Hopefully there's some action in the final hour today and early tomorrow. We'll see.
 

---

Posted by Peaser on :
 
MM's just appear to be shaking IMO. Minor sells at 5000 shares to bring it down.

Looking for another position.
 

---

Posted by 10of13 on :
 
It's going to take a dip here..day traders exiting...
 

---

Posted by Peaser on :
 
.062 bounce? Almost 3:30.
 

---

Posted by BooDog on :
 
def. got some eyes lookin at this eh?
 

---

Posted by BooDog on :
 
big boys comin back in for tom. too
 

---

Posted by Peaser on :
 
There was a bullish flag formed from 1:30pm est to the close, so tomorrow could be a good day, as soon as the flag is broken out of anyways IMO.

Formed today was the third white candlestick in a row as well.
 

---

Posted by Peaser on :
 
Watching for an early bounce. .058 might be it IMO. .055 appears strong on the Level 2's.
 

---

Posted by Peaser on :
 
.056 bounce IMO.
 

---

Posted by Peaser on :
 
If we see .059 or above, we could see a run IMO.
 

---

Posted by ClayN on :
 
working its way back up
 

---

Posted by Peaser on :
 
.0635 bounce IMO.
 

---

Posted by Peaser on :
 
Looks ready to turn up as soon as Nite gets bought out at .063 IMO.
 

---

Posted by skip on :
 
Put this up on the under .10 board, I know some of you don't go there often, so I thought I would share some of the DD I did tonight...

Went a little DD crazy here, thought I would share...

=================================

I like the latest news...

STTC -- SoftNet Technology Corp.
Class A Com ($0.001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Several Upper Level Management of SoftNet Technology Corp. Including the CEO, President and Director of Sales, Purchase STTC Shares in Open Market

CRANFORD, N.J., Aug 8, 2006 (PRIMEZONE via COMTEX) -- SoftNet Technology Corp. (OTCBB:STTC) (German WK:A0B7RZ) is pleased to announce that as many as 4 upper level managers, officers and Board of Director members purchased shares of SoftNet Technology Corp. in the open market Monday August 7, 2006.
CEO of SoftNet, James M. Farinella, invested $100,000 directly into SoftNet at $.067 purchasing 1,492,537 shares. The CEO invested directly into the Company to support and accelerate the organic growth of SoftNet. Kevin Holt, President of SoftNet bought shares in the market from $.065 to as high as $.0673.

Several of the individuals who purchased shares pointed out that every regional operation of SoftNet showed growth in the second quarter and noted the expansion of business operations to new areas of the United States and internationally. In addition, SoftNet's Small/Medium size business offerings are gaining traction in an untouched market segment and the Company's flexible approach to the Enterprise consulting business is bringing SoftNet a high customer satisfaction rating.

Mr. Kevin Holt, President of SoftNet Technology stated, "We have developed a culture of teamwork and empowerment at SoftNet in which all our people participate in the business building process and are rewarded for their initiatives. With this kind of method and spirit, there is no limit as to how far we can grow together."

Mr. James M. Farinella, CEO of SoftNet Technology stated, "I am so very excited to see the new management team expressing their confidence in the future of this Company by purchasing shares of STTC in the open market."

Please visit our website at www.softnettechnology.com for more information or for Investor Relations, please contact the company directly at 866-898-4842 (local 908-204-9911) James M. Farinella, CEO.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: SoftNet Technology Corp.


By Staff

CONTACT: SoftNet Technology Corp.
James M. Farinella
(866) 898-4842
(908) 204-9911
www.softnettechnology.com


(C) 2006 PRIMEZONE, All rights reserved.

-0-

INDUSTRY KEYWORD: Internet Products & Infrastructure
SUBJECT CODE: SOFTWARE
Other News
Stock Market News

=======================================
=======================================
=======================================
=======================================


Did some more DD, and read their last 10Q
Not very good, I invite you to look at it...

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001127855%252D06%252D000294%252Etxt%26filepath%3D%255C2006%255C05%255C22%255 C&symbol=STTC

Here is an excerpt:

NOTE 11- GOING CONCERN


As shown in the accompanying condensed consolidated financial statements the Company has incurred significant recurring losses of $1,172,216 and $1,847,424 for the three months ended March 31, 2006 and 2005, and has a working capital deficiency of $1,334,493 as of March 31, 2006. The Company in January 2006 acquired InsPara, and the full impact of this acquisition will impact operations later on this year. There is no guarantee that the Company will be able to raise enough capital or generate revenues to sustain its operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period

==============================
==============================


Even with those points brought up, I still like the stock. The CEO owns over 24mil shares now. That's a pretty heavy interest. Plus, he was paid in $400k in stock in lieu of a salary not too long ago. To me, that says that he believes in the company, and he feels this stock is going up. My guess is that the next 10Q which should be out soon(?) will be much better(?)

Peaser mentioned the 3 year chart, and I agree, look at late september 2004, looks very similar to the current chart pattern forming, pay special attention to the curl upward the 50 day moving average is forming...look familiar?



Feel free to discuss. My apologies if this is old news. Enjoy! Hope it helps!
 

---

Posted by Peaser on :
 
Closed green at .066. There's that beautiful three year chart.
 

---

Posted by 10of13 on :
 
Beautiful!
 

---

Posted by Peaser on :
 
Nice news yesterday at close.

Great day! I just walked in the door to a pretty looking portfolio.
 

---

Posted by BooDog on :
 
doing well. IMO there will be some covering today.
 

---

Posted by Peaser on :
 
There goes .08 IMO.
 

---

Posted by Peaser on :
 
Sure would be nice to see .10 today.
 

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Posted by Peaser on :
 
LOL, ARCA doesn't look like he has much of a chance if he's trying to hold this down at .0827 IMO.
 

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Posted by Peaser on :
 
I just came out. .082-.0829. Hope I didn't make a mistake. Profits are profits.
 

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Posted by BooDog on :
 
stickin to my target M8 but covered at .085 nice pasture sittin to clear.
 

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Posted by DJP on :
 
i am kicking my self for selling a few weeks ago at .03
 

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Posted by bdgee on :
 
I son't half at a near double....
 

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Posted by BooDog on :
 

quote:

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Originally posted by bdgee:
I son't half at a near double....

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What???? Is that Texas talk?
 

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Posted by BooDog on :
 
the volume has really kicked in Pea. You could be waitin for your dip.
 

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Posted by 10of13 on :
 
this is lookin' nice...Pease..hope you get the dip...but I really would like for it to go a little higher...
 

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Posted by bdgee on :
 
Nope, just the facts, Boo....
 

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Posted by Peaser on :
 
I think that this may have some more upside to it in the next few months to come.

Just hoping for a pullback within the next week.

My fingers are crossed.

.085 seems like the unbreakable wall today so far IMO.
 

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Posted by skip on :
 
I'm looking for a dip too, may not get it...

good luck everyone!
 

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Posted by BooDog on :
 
maybe a nice pull back on Friday. I'll be off too so maybe I can watch it a lil closer.
 

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Posted by Peaser on :
 
Nice, might just see .09 today.
 

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Posted by BooDog on :
 
My target was for about 2 weeks.... if it hits early this could be going to a different level.
 

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Posted by 10of13 on :
 
Boo what was your original target? mine was .075...done past it...LOL...but flipped and am still in...so...now I have to find a new target..I am waiting at least until the financials...
 

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Posted by 10of13 on :
 
Gonna test .09 again...
 

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Posted by BooDog on :
 
.12 was my only target. Gutsy? was even planing to cover at .082 but was doin somethin, saw pea post and reminded myself, by the time i was set it was .085. Not putting in anything else. free shares hit my target then I'll re-evaluate. Looks to dip too far I'll get out. IMO and I shouldn't say it but this has potential to hit the .5 mark. I wouldn't bank on it though but we'll see.
 

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Posted by Peaser on :
 
Might wanna think about profits with that .089 sitting in there IMO. Bid getting weaker now below .089.
 

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Posted by Peaser on :
 
Wow, they repelnished .089 quick. Not sure if it'll hold though.
 

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Posted by 10of13 on :
 
I've taken profits and flipped over the past couple of weeks...I sold earlier today at .079...back in at .073...and now out at .09...
lookin' to reenter...we shall see if it hits my bid late in the day...
 

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Posted by BooDog on :
 
ahhhh the benifits of a margin account eh? still not there yet 10. I like stickin to my cash only. Next year maybe. When I get a little more salt on my shoulders like dust.
 

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Posted by 10of13 on :
 
Boo...I was worried about the same things as you..BUT...I only use my actual cash...I don't "borrow" any...all the margin account allows me to do is not have to wait for my settled funds...in the 3 months that I have been using it...I think that I have paid less than $2 for "going over"...it is defintely worth it...my profits being able to flip and not worry about settled funds has been great...the key is to not borrow...
You should look more into it...I was surprised...
 

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Posted by 10of13 on :
 
Testing the HOD...
 

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Posted by bdgee on :
 
10of13,

I do exactly that same thing. I never go beyond the cash I have on hand.

Having a margin account allows me the freedom to get out of questionable things and set back on the side watching to see if I want to buy back in. If I decide to, the funds are there ready for me to buy back when I want them, not three days later.
 

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Posted by BooDog on :
 
Right now I'm kinda like on restriction. When I grow my feathers I will fly. Forces me to take my time.
 

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Posted by skip on :
 

quote:

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Originally posted by BooDog:
ahhhh the benifits of a margin account eh? still not there yet 10. I like stickin to my cash only. Next year maybe. When I get a little more salt on my shoulders like dust.

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quote:

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Originally posted by BooDog:
Right now I'm kinda like on restriction. When I grow my feathers I will fly. Forces me to take my time.

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Sometimes that's a good thing! Keeps one level headed...
 

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Posted by Peaser on :
 
Keep an eye on that gap in the chart down below.
 

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Posted by Purl Gurl on :
 
Technical charts suggest this one is on the
verge of crashing. Look at charts, see what
you think.

This seems a good time to be very cautious.

Consider dumping then buying back in if prices
perform a turnabout, if you are uncomfortable
about your position.

Opinion as always and this opinion statement
is included solely to prevent harassment later.

Purl Gurl
 

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Posted by 10of13 on :
 

quote:

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Originally posted by Peaser:
Keep an eye on that gap in the chart down below.

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quote:

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Originally posted by Peaser:
I just loaded up.

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