(back when they were just starting to use the chipped keys)Still rising!
NORTHLAKE, Ill.--(BUSINESS WIRE)--Dec. 28, 2004--
United Network Marketing Services, Inc. (OTCBB:UMKG)
today announces the closing of the merger of The Knockout Group, Inc., www.theknockoutgroup.com, a privately held company, with a wholly
owned subsidiary of United. Knockout is the exclusive developer and
marketer of George Foreman's Knock-Out(R) line of non-toxic,
people-friendly cleaners and disinfectant.
"The closing of this transaction was an integral part of
Knockout's overall growth plan," said John Bellamy, chairman and chief
executive officer of both The Knockout Group and United. "As a public
company, we believe that Knockout should have greater access to
capital markets."
The Knockout Group pre-launched its line of George Foreman's
Knock-Out(R) household cleaners and disinfectant in August 2004, and
already has product placements in more than 7,000 stores, including
Albertson's, Duckwall, Publix, Target, Walgreen's and the military
exchanges. The company plans to officially launch its household
products line during the first quarter of 2005, followed by the George
Foreman's Knock-Out(R) automotive cleaning products line in mid-2005.
Legal notice to investors: Certain matters discussed in this news
release are "forward-looking statements." These forward-looking
statements, which apply only on the date of this release, generally
can be identified by the use of forward-looking terminology such as
"may," "will," "expects," "intends," "estimates," "anticipates,"
"believes," "continues" or words of similar import. Similarly,
statements that describe the company's future plans, objectives or
goals are also forward-looking statements, which generally involve
known and unknown risks, uncertainties and other facts that may cause
the actual results, performance or achievements of the company to be
materially different from those expressed or implied by such
forward-looking statements. Such factors may include the following:
competitive responses to the company's products; an inability to
satisfy market demand; regulatory matters, insufficient product
volumes and quality provided by suppliers; continued effectiveness of
celebrity-based advertising and marketing; availability of capital to
fund expansion; ability to maintain intellectual property; general
economic, business and market conditions; continued retention of key
personnel and their success in executing the business plan;
maintenance of key trademarks, patents and licenses, and success of
the company's exclusive endorsement and licensing arrangement with
George Foreman. For a listing of risks applicable to the future
prospects of the company, please refer to the company's reports to be
filed with the SEC.
"Knock-Out" is a federally registered trademark of The Knockout
Group, Inc.
KEYWORD: NORTH AMERICA ILLINOIS UNITED STATES
INDUSTRY KEYWORD: RETAIL COMMUNICATIONS MARKETING HOME GOODS SPECIALTY MERGER/ACQUISITION PRODUCT/SERVICE
SOURCE: The Knockout Group, Inc.
Answers! I need answers!!!
[This message has been edited by glassman (edited December 28, 2004).]
Just when I asked what is going on, it ran down to 1.25!!! Could have just tripled my money!!
Damnit!!
We need details on this stock NOW!
By the way, I see the same thing happening with NCDP when GlaxoSmithKline buys them out in 8 months!
quote:
Originally posted by Repoman75:
If it goes down to $2, I jumping on...By the way, I see the same thing happening with NCDP when GlaxoSmithKline buys them out in 8 months!
Doing the same thing...
quote:
Originally posted by Repoman75:
If it goes down to $2, I jumping on...By the way, I see the same thing happening with NCDP when GlaxoSmithKline buys them out in 8 months!
Doing the same thing...
quote:
Originally posted by Repoman75:
If it goes down to $2, I jumping on...By the way, I see the same thing happening with NCDP when GlaxoSmithKline buys them out in 8 months!
Doing the same thing...
Anything else you have on this company? Valuation, etc.?
I'm wondering if we are the first to hear about it now, but after hours...
Maybe it will fly tomorrow if the stock is undervalued.
Besides, George Foreman ain't Elvis.
What's the company they are merging with?
I have to get to work researching this now!
I can say i almost bough usxp at the opening bell when it only had a 1% gain but i dont have that much money, believe it or not but its may first day post'n info off of otccharts
quote:
Originally posted by Repoman75:
Nemesis,Anything else you have on this company? Valuation, etc.?
I'm wondering if we are the first to hear about it now, but after hours...
Maybe it will fly tomorrow if the stock is undervalued.
I am trying to find info. Nothing is coming up though... Still looking
i still have some money in this thing, hoping for a good gain tomorrow when everyone eles finds out.
The press release for UMKG is not even listed on the Knockout website yet...
Nemesis, what the hell are you doing? Getting in yet? Find anything? You're the original poster, now lead us to the promised land my man!
The only question is, what are the terms of the merger, and the valuation of the company...
do you think they are shaking off the timid traders and getting ready for another run or is it over..
also do you think this will gap up in the am tomorrow.. and run again... ala SPEA ?
------------------
-Smithers, why didnt you tell me about this stock market crash in 1929?
-Well it was 30 years before i was born sir.
-Oh thats your excuse for everything.
Or is that it. Is $2.30 the correct price for this merger? Where is Nemesis?
NUMBER OF SHARES OUTSTANDING OF THE ISSUER'S COMMON STOCK AS OF SEPTEMBER 30,
2004: 7,915,747
the fact that they are already IN stores is worth a mint here....that's the hard part getting shelf-space....
and YES i am thinking of SPEA....
[This message has been edited by glassman (edited December 28, 2004).]
Oh well, back to sifting for gold nuggets in the wet sand....
[This message has been edited by mattonic (edited December 28, 2004).]
Any last comments Nemesis, or still doing research?
more buying or selling going on..??
------------------
-Smithers, why didnt you tell me about this stock market crash in 1929?
-Well it was 30 years before i was born sir.
-Oh thats your excuse for everything.
Like I said, I'm in.
We'll see what happens the next few days.
Anybody besides me and Nemesis holding?
nited Network Marketing Services owns a 50% interest in AccessNewAge Corporation which operates a Web site selling new age products and services. It is a development stage company with minimal operations since its formation in 1998. Founder and director Alan Gelband owns 64% of United Network Marketing Services; CEO Kenneth Levy owns 13%.
So im guess'n they are marketin the new product for The knockout group.
This company had a $66 net income, im guessin its going to be a lot more after this deal
oh and i found this release from knockout in nov.
NORTHLAKE, Ill., Nov. 8 /PRNewswire/ -- George Foreman is joining the $2 billion plus household cleaning products industry with a new line of environmentally friendly cleaners. Experts believe the combination of his powerful name, brand presence, and his new cleaning line's innovative Encapsulation(TM) Technology will make his Knock-Out(R) Household Cleaning System plus Disinfectant a big hit with consumers.
In addition to the cleaners, the Knock-Out(R) System also includes the first botanical disinfectant in the U.S. made from plant extracts that kill 99.99 percent of bacteria. George Foreman's Knock-Out(R) Super Disinfectant Spray is the only disinfectant registered by the EPA for use on food contact surfaces, as well as children's toys and high chairs.
The intention behind Foreman's new product launch is to help protect people's health, and to leave a clean environmental legacy for future generations. "I only get behind products that I really trust and believe in," said Foreman. "My new Household Cleaning System and Disinfectant will help people win the fight against dirt, grease, grime and bacteria without hurting the ones we love, our pets, or the world we all share. That's why I put my name and signature on every bottle."
The George Foreman Knock-Out(R) System consists of three cleaners and one disinfectant -- a Multi-Purpose Cleaner, a Deep Stain Remover, a Streak-Free Glass Cleaner and a Super Disinfectant Spray (known as Disinfectant Spray in California).
The three cleaners can take on all of the toughest cleaning challenges in the home. They are powerful enough to banish nasty soap scum, grease and grime, power out stains like wine and lipstick on everything from carpets and upholstery to laundry and delicate silk, and bring out the shine on glass, windows and more. Also, they contain no synthetic fragrances, dyes or harsh chemicals.
Foreman's patent-pending cleaners feature an exclusive trademarked process called Encapsulation(TM) Technology. This supercharged formula generates a perpetual molecular motion that breaks down, lifts up and then suspends dirt, grease and grime until it's wiped away for a true, deep down clean.
This technology is not the only feature that sets these cleaners apart from others. Instead of using harsh solvents, these products contain biodegradable ingredients that are so effective, yet so safe, that you don't need gloves to use the products and they don't require warning labels.
"I'm very proud of the fact that these cleaners and the disinfectant are tough on grease, grime, and bacteria yet easy on the wallet and the world," said Foreman. The Knock-Out(R) line delivers premium performance at a price that's on par with traditional cleaners."
The complete line of George Foreman's Knock-Out(R) Household Cleaning System is now available at most Target stores, Walgreens, Publix, and Duckwall, and will soon be available at other mass retailers, grocery and drug store chains
Good luck ppl
Sounds good for a long term hold actually...
How great would it be to wake up tomorrow and this pig open up at $9??
Fantastic!
Oh, and for all who are interested, I posted an e-mail I received from the CEO of NCDP on the NCDP post.
Dang, i cant seem to get off this comp, this stock intrestin to watch
C'mon George Foreman!
Question is, are you sitting in a some cardboard box, or in some mansion?? Have to see where your optimism has led you!
quote:
Originally posted by Repoman75:
I'm relatively new to this board, but I must say Glassman, since reading your posts, you are quite the optimist - good to hear!Question is, are you sitting in a some cardboard box, or in some mansion?? Have to see where your optimism has led you!
well let me go out onto the balcony see, hmmm how do you work these keypad locks on the doors?
To the moon Alice!
UMKG.OB - Look at this rocket!!!!
by: rgerst_1 (35/M) 12/28/04 04:05 pm
Msg: 2643 of 2643
I stumbled onto this one! WOW!
quote:
Originally posted by TSHRUFUS:
500 shares at 1.75 out at 2.75 YEPPIE my first bank
That is awesome, nice when things payoff.
repoman, i repoed in MD-DC and VA back in the 80's n 90's....kinda miss the rush... but this is almost as good, and my wife is ALOT happier.... (back when they were just starting to use the chipped keys)
PS... i'm a bull not an optimist...i see a lot of crap out here, but i IGNORE it....
[This message has been edited by glassman (edited December 28, 2004).]
quote:
Originally posted by Repoman75:
Now, thshrufus, won't you be kicking yourself when this thing opens at $9 tomorrow?To the moon Alice!
quote:
Originally posted by TSHRUFUS:
500 shares at 1.75 out at 2.75 YEPPIE my first bank
That is awesome, nice when things payoff.
And, I got the nickname in college when one of my roommates failed to pay his bills one month, and I ended up taking his paychecks and giving him allowance. Ahh, the good old days.
------------------
-Smithers, why didnt you tell me about this stock market crash in 1929?
-Well it was 30 years before i was born sir.
-Oh thats your excuse for everything.
Are you really a kid?
I am holdin this one too, @ $2.00
$9 open!
Can someone go to the Yahoo Message Boards for SIRI and TAYD and just post this stock? Those vultures will drive us into the teens.
I can't post from the PC (Big Brother has my hands tied)
[This message has been edited by Repoman75 (edited December 29, 2004).]
You really think it is going back to $3 today??? Why?
Besides, they are just the marketing firm for Foreman's products. George actually keeps all of the money.
quote:
Originally posted by Repoman75:
I got out at $2.75.You really think it is going back to $3 today??? Why?
Besides, they are just the marketing firm for Foreman's products. George actually keeps all of the money.
I am looking at the chart now. I think it will hover around the mid to lower 2's (then have some highs and lows). This is not a long term hold for me. Just something I am playing today. These Bid/Ask gaps are really nice. I am fairly positive about seeing trades at $3 before the end of the day, not holding there though.
Let's see what happens.
But I'm not sure if it's a long term hold.
But then again, remember the Grill!
quote:
Originally posted by TSHRUFUS:
whats lvl 2 look like anyone?
Bid - Ask
1.95 - 2.00
1.90 - 2.50
1.85 - 2.60
1.85 - 3.00
1.80 - 3.14
They have been shifting rather fast at times - due to large gapping.
Garbage!
it settlin around the 1.80 point. It also may open lower tomorrow since there a lot of uncertainity.
[This message has been edited by KiddyCat (edited December 29, 2004).]
quote:
Originally posted by jugiproject:
Turbo kid,Are you really a kid?
I am holdin this one too, @ $2.00
well, if by kid you mean im sitting home waiting for my mom to come home and give me my allowance, the answer is no.. but sometimes i act like one.. 
good luck with UMKG, missed to boat yesterday
too nervous to get in today..
- turbokid
------------------
-Smithers, why didnt you tell me about this stock market crash in 1929?
-Well it was 30 years before i was born sir.
-Oh thats your excuse for everything.
------------------
Through different exercises practice has brought skill.