looking at the chart it looks to be at a bottom here
Posted by dacollecter on :
looks like a good buy now.
Posted by Repoman75 on :
I don't think so.... need STOCK STER to pump it again or news.
Posted by BULListic on :
I think it's bottomed here in the 22-23 range. Picked up 100k to see if I'm right.
Posted by PRDPONCE on :
Posted by dacollecter on :
quote:Originally posted by Repoman75: I don't think so.... need STOCK STER to pump it again or news.
your not calling me a pumper are you? well, I am nowhere close to being one. just a junior broker for your info.
Posted by Repoman75 on :
No, I'm talking about STOCK STER . com
Posted by dacollecter on :
ok, just kinda grumpy after STTK. SEVI is good.
Posted by megahead34 on :
Well i don't think SEVI needed any pumpers when they got that agreement with Microsoft.
Posted by Repoman75 on :
Umm... megahead, can you tell me what that agreement was? Do you understand that ANY company can be gold certified with MSFT if they PAY MSFT???
C'mon pal. This is the major leagues. Either understand the fundamentals (not just read the headlines) or study charts. Just don't go with the herd.
Posted by dacollecter on :
I feel as if this stock should be trading above .10 after that microsoft deal.JMO
Posted by Repoman75 on :
If this stock drops to .012, then buy it. Until then... watch it keep dropping.
Posted by blou on :
April 5, Sec filings==S-8, Systems Evolution Inc
Posted by dacollecter on :
quote:Originally posted by Repoman75: If this stock drops to .012, then buy it. Until then... watch it keep dropping.
why do you think it'll drop?
Posted by dacollecter on :
Guess I was wrong on this one.... turning around.
Posted by dacollecter on :
look for a gap tommorrow
Posted by dacollecter on :
10-Q is comming out next week. could be very good for this stock. SEVI is already said they are making good money is their most recent PR.
Posted by Livinonklendathu on :
quote:Originally posted by blou: April 5, Sec filings==S-8, Systems Evolution Inc
It was an amendment to the S-8 they filed on 2-16-6 for their "Stock Incentive Plan".
Posted by Livinonklendathu on :
Been watching this for 2 weeks - if it can get past .03 it should run.
Posted by TheCreator on :
chart looks good.
Posted by CrashtehLine on :
looks like a double bottom chart formation, anyone can confirm im right?
Posted by MillerTIME on :
not really crash, but thats meaningless, the stock is in an ascending channel right now, with higher highs and higher lows.
Millertime will be watching closely in the AM hours tommorrow for SEVI. good luck to all.
ANyone care to compound on the S8 out today? thanks in advance
Posted by CrashtehLine on :
The way i see the chart is that i broke the lower trendline of the acending channel and then did a double bounce and now looks to go higher.
Posted by deleet on :
i was in this one a while back, collected 94% profit. Been dropping like a rock since then but it looks primed for another run upward.
Might just have to pick me up some shares tommorrow.
Posted by MillerTIME on :
This annotated chart should help out IMO. The lower trendline i guess can be viewed in different areas so we both may be right. Just the way the person views the chart.
Thanks Miller. At least we both know its going up .
Posted by dacollecter on :
going up very nicely. just as planned. news may come out.
Posted by deleet on :
im in. Bought some shares at 0.0261
Posted by deleet on :
gettin kind of low, how low can it go?
Posted by blou on :
-- Systems Evolution, Inc. (SEVI : systems evolution inc com News , chart, profile, more Last: 0.020.00-6.67%
8:17am 04/11/2006
Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: SEVI0.02, 0.00, -6.7%) , a leading integrator of Microsoft tools, provider of business consulting services, and permanent placement, announced today that it will release its latest quarterly results on April 19, 2006 at 10:00 Eastern Time. Chairman and CEO Robert C. Rhodes will lead a discussion during the live conference call and other members of senior management will be available for the Q&A portion of the conference call. "We are very pleased to have this opportunity to communicate with our shareholders and appreciate this opportunity to present our progress so far in 2006," said Mr. Rhodes. Dialing instructions for the call are as follows: 10:00 AM Eastern Time, April 19, 2006. Dial 1-800-446-1671, Confirmation number 14357879, Host: Mike Campbell
Posted by craig9897 on :
Best thing about SEVI, it is a "real" company. None of this "1 billion shares" or "no revenue". It has multi-million dollar revenue on 100 million shares and grows every year. The earnings conference call will refelct some big contracts that SEVI cashed in. This baby could go back to the days of .045-.055, .07 if were lucky. It is a good buy-and-hold stock too, Microsoft needs them to operate, wait til those checks show up on the 10Q's!
Posted by deleet on :
looks like theyre having a good day today because of the PR. The 19th will probably see a boost too. Good time to get in and make some bank.
Posted by Livinonklendathu on :
April 13, 2006 - 6:28 AM EDT
Systems Evolution, Inc. Attains Small Business Specialist Status In Microsoft Partner Program Systems Evolution, Inc. (OTCBB: SEVI) today announced it has attained the Small Business Specialist status in the Microsoft Partner Program. The Microsoft Small Business Server 2003 product is an example of one of the many attractive options for small businesses, providing core file and print functionality, advanced email, calendaring, tasking functions, and mainstream database features in a compact, secure package for up to 75 users.
"Along with our Fortune 500 clients we have continued to serve a broad array of clients including small business. Over the last 20 years we have demonstrated our commitment to the information technology needs of small business, particularly in San Antonio and Austin, and now we have demonstrated our proficiency in the Microsoft products which are specially designed for small business. This recognition is a result of our employees' efforts to continuously improve the value of our offerings for our clients and Systems Evolution," said Robert Rhodes, CEO.
About Systems Evolution Inc.
Systems Evolution Inc. ("SEVI"), http://www.systemsevolution.com, is a publicly held professional services organization founded in 1993 that provides software development solutions, Enterprise Project Management consulting, and managed network support through its Consulting division and permanent placement through its Next Hire Consultants division. Its Consulting Division is a Microsoft Gold Certified Partner.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, fulfill all backlogs and the unpredictable nature of business risks; as well as the ability to establish and grow brand awareness of SEVI and other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
Systems Evolution Inc., Houston V. Mike Campbell, 713-979-1600 ext. 108 investor.relations*systemsevolution.com
Source: Business Wire (April 13, 2006 - 6:28 AM EDT)
I hear the financials are going to be good next week.
Posted by tarpontamer on :
Starting to get some momentum now, up 23%.
Posted by tarpontamer on :
Anyone else watching this? Its up 40% now.
Posted by deleet on :
more than 50% now
Posted by deleet on :
got out at 0.039. Made a quick 50% profit on 1000 dollars.
Posted by TheCreator on :
dip dip dip dip dip, please.
Posted by bksundar on :
have 400K at 0.025. Waiting for it to cross the previous high in the 0.07 range, achieved a few weeks back....
Posted by Repoman75 on :
Damn, and I was gonna buy yesterday.. my timing stinks.
Posted by deleet on :
i love SEVI, today made for the second time i've made money off one of their dips. Strangely enough, both times right after i sold, it plummeted. First time i made 94% profit, today it was 50%.
Posted by Repoman75 on :
You're gonna make more if you would have held.. next week it goes to .10, watch.
Posted by RyDwy on :
do you think its too late to get in now? most of you guys say next week is gonna be good
Posted by Repoman75 on :
Probably not too late.. I'm just kicking myself because I was debating to buy at .026.
Posted by Livinonklendathu on :
quote:Originally posted by RyDwy: do you think its too late to get in now? most of you guys say next week is gonna be good
Who knows, chart looks great - news on the horizon - I got out today at .039 (from .023)and back in at .036 and holding. If history repeats, it should run another day or 2 and if financials are as rumored, could pop high.
Posted by Livinonklendathu on :
quote:Originally posted by Repoman75: Probably not too late.. I'm just kicking myself because I was debating to buy at .026.
That's the beauty, there will be lots more plays Posted by deleet on :
quote:Originally posted by Repoman75: You're gonna make more if you would have held.. next week it goes to .10, watch.
yeah, i agree, the future looks good for it. I'll pick some more up when it dips a little again. In the meantime, making some bank on ethanol stocks. Posted by deleet on :
heh, its dropped another 18% today. I'm pondering what its bottom will be and if i should buy some again with all the profit i've made from ethanol stocks.
Posted by Mysticobra96 on :
I think .027 was bottom at least for today its where the 8ma and 20ma crossed. Now hopefully we start moving up and have the 8 cross the 20 for some more bullishness before the CC. I bought in today and I think it has a major upside. We have support at .027 and then down at .021 but I don't see it going that low. But you never know. GLTA, IMHO though its time to buy!
Posted by Mysticobra96 on :
Starting its come back! Watch out for the rest of the week. Today was the dip to get in on!!!
Posted by simpleman on :
seen this post check out the web site see for your self
By: barry70518 17 Apr 2006, 05:04 PM EDT Msg. 1606 of 1606 Jump to msg. # The ceo of sevi was intreviewed by ceocfo inc, look at sevi's wed site on the details..The article will be released on april 20, they said the news and cc will be of particular intrest on april 19th to investors..Guys, you better load the boat, this is going to get hot.
Posted by Mysticobra96 on :
That is CRAZY good news! They must have great earnings if they are doing a CC and interview they want everyone to know about their stock. Today was the day fellas to get the last of the .02's Tomorrow we ride! GLTA as always!!
Posted by simpleman on :
loaded up today with my insq profits now lets here a big pop on wednesday
Posted by tarpontamer on :
HOUSTON--(BUSINESS WIRE)--April 18, 2006--Systems Evolution, Inc. (OTCBB:SEVI - News), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it's permanent placement division, Next Hire, Inc., has achieved over $140,000 in revenue for the month of March, 2006.
"Another goal exceeded by the excellent performance of our Next Hire Team. Continued strength in the oil and gas and infrastructure markets is leading us to further expand these operations," stated Mr. Robert Rhodes, CEO, "And remember our conference call on Wednesday, April 19, 2006 at 10:00AM Eastern, Dial 1-800-446-1671, Confirmation number 14357879, Host: Mike Campbell, and learn more about SEVI and it's plans for 2006."
About Systems Evolution, Inc.
Systems Evolution Inc. ("SEVI"), http://www.systemsevolution.com, is a publicly held professional services organization founded in 1993 that provides software development solutions, Enterprise Project Management consulting, and managed network support through its Consulting division and permanent placement through its Next Hire Consultants division. Its Consulting Division is a Microsoft Gold Certified Partner.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, fulfill all backlogs and the unpredictable nature of business risks; as well as the ability to establish and grow brand awareness of SEVI and other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
Contact:
Systems Evolution Inc., Houston Mike Campbell, 713-979-1600 ext. 108 investor.relations*systemsevolution.com
Posted by tarpontamer on :
Already at .036 premarket. Today is looking good.
Posted by Mysticobra96 on :
Good start this morning. Tomorrow should be AWESOME!!
Posted by blou on :
conference call on Wednesday, April 19, 2006 at 10:00AM Eastern, Dial 1-800-446-1671, Confirmation number 14357879, Host: Mike Campbell, and learn more about SEVI and it's plans for 2006."
Posted by Repoman75 on :
I guess today is do or die to buy.
Posted by FIST13F on :
Well I averaged down. Got back in at .031 and watched it drop some more how great is that. well it went down on good news today, I hope the PR tommorow is GGGRRREAT (or do I?) lol. Sounds like everyone is feeling good about it. GLTA
Posted by Mysticobra96 on :
This stock has been on the SHO list for the last 17 days. I think they will need to cover very soon. I think they have slowly been trying to cover under .03 but eod and early tomorrow I think they will start covering at any price thats available. If the news is good they know they will lose a lot of profits. We will just have to wait and see now if our guts are right or not.
Posted by FIST13F on :
" A Newbie and his money are soon parted" Question....I own X shares at.050 i put in a limit order of .031 today it appears my purchase went through at .0347. Now this is on e trade. I am scratchin my head here. How ever it updated my porfolio as it was one stock and not 2 seperate purchases. I know the term average down but please help a newbie. I would call them but I am kinda stuck in IRAQ! Thanks to any responses. Jason
Posted by Mysticobra96 on :
If your limit was set at .031 and they bought at .0347 I would say you have a legitamite complaint there. I would check and make sure you didn't put a limit of .31 instead b/c I have never heard of etrade making a mistake, but thats not to say it can't happen.
Posted by FIST13F on :
thanks Mystico. I will check as soon as the statement comes through it is running slow, how ever it updated my portfolio right away. Even if it was .31 I typed market was still .030. Still learning but something seems strange. Thanks again. Jason
Posted by deleet on :
i think this thing has finally hit bottom. Tommorrow im going to pick up some shares and see what happens. I've rode this one twice already in the past and made out great. Lets see if third time will be great as well.
Posted by Repoman75 on :
Conference call today... when, at 10am?
Posted by Mysticobra96 on :
Yes 10am et and an interview w/the ceo is coming out tomorrow about their financials.
Posted by Repoman75 on :
Is anyone listening?
Posted by Mysticobra96 on :
Yes, we are operationally profitable and +cashflow this quarter!!!
Posted by Repoman75 on :
Anything on the MSFT deal?
Posted by Mysticobra96 on :
Not yet...Ill keep you up
Posted by Repoman75 on :
Any forward guidance?
Posted by Repoman75 on :
"Profit is our main goal this year"
Posted by Mysticobra96 on :
$6.5M Rev. projection over last year of $3M. Profit of +$500,000!!!
Posted by Repoman75 on :
Forecast for 2006:
$6.5 mil in revenue $500K profit (9% increase) 20% growth rate (conservative estimate) vsw 142% in 2005
Posted by Repoman75 on :
Debt reduced by 80% from 500K to less than 100K.... NO NEW DEBT. COMPANY WILL BE DEBT FREE BY YEAR END
NO DILUTION!
Posted by FIST13F on :
WOW she is a droppin?
Posted by Mysticobra96 on :
Its not public yet. Wait til financials and interview tomorrow. She will go up I'm not worried. That CC was AWESOME!
Posted by Repoman75 on :
Guys, look at ZENX after their last CC which was awesome. Dropped 10% to .70... 2 months later, trading at 1.38!!!
Stocks always drop after CC's... but if their good, they always rise again.
Posted by ebradsha on :
They have been planning to sell since 04 get over it. Thats how they get paid. They get their shares and they sell them. We aren't talking about extremely wealthy ppl that don't need the money. I would sell extra shares if I get them for free too. Duh!
Posted by Repoman75 on :
Ebrad, you get 1 star for being a dope. Welcome to the board rookie.
Tell me if they are selling AFTER this CC and Earnings release tomorrow.
[ April 19, 2006, 13:31: Message edited by: Repoman75 ]
Posted by deleet on :
i'm in at 0.03. Time to ride the SEVI train again.
Posted by Repoman75 on :
Just keep the STOCK STER away from us...and we will have nice slow ride to .08 - .10 in the next few weeks.
Posted by Dustoff101 on :
Back in at .0285
Repo, we will just lynch the evil one! if it shows it's face... LOL
Posted by Repoman75 on :
Nice to have you aboard Dusty!
Posted by Repoman75 on :
Also, do you guys notice how there are all sales today mostly after the CC, and the bid barely moves? Somebody is eating up shares.
Posted by Mysticobra96 on :
Just talked to Mike Campbell: I asked him when the financials are going to be out and he said they will be out ah today!!!
Posted by Repoman75 on :
Watch for EOD Runup.
Posted by Repoman75 on :
A few buys at the end there at the ask... let's see what happens tomorrow.
Posted by Repoman75 on :
Is anyone a member of this site that could post the interview here on allstocks?
cc mentioned r/s and major dilution going on management needs to cut back on what their getting on those big checks. 200,000,000 million shares added and this company is not making money at this point, I think the SEC should be contacted and I believe I will do just that. Management should not get rich from investors
Posted by simpleman on :
Repoman and several others are pumping this stock on couple other boards also beware of this POS compant guaranteed to leave you hanging
Posted by Repoman75 on :
Haha.. you're going to contact the SEC because you don't believe the company should do a R/S to get off the OTC, and because it is not profitable at this point?
You are a clown. 1 star for you.
NEXT!
Posted by simpleman on :
quit pumping this POS repoman, not from those reasons have other ones we will see have already sent email to SEC but thanks for your reply and where might you and berry be having lunch today to discuss the next PR that will be released
Posted by Repoman75 on :
If this is a POS, then sell. I will pump it to the high heavens. Don't like it? Tough.
And who is "berry"?
Reading Is Fundamental
Posted by simpleman on :
10k posted
Home >> Quotes & News >> SEC Filings >> SEVI
-------------------------------------------------------------------------------- QUOTE NEWS CHARTS COMPANY INFO FINANCIAL REPORTS SEC FILINGS TRADE NOW!
SEVI -- Systems Evolution, Inc. Com (1 Cent)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549
FORM 10-QSB QUARTERLY REPORT
x Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
(Former name, former address and former fiscal year, if changed since last report)
Check whether the issuer (1) has filed all documents and reports required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934 during the preceding 12 months or for such shorter period that the Registrant was required to file such reports, and (2) has been subject to such filing requirements for the past 90 days.
(1) x Yes o No
(2) x Yes o No
The number of shares of issuer's Common Stock outstanding as of April 19, 2006: 187,922,760 shares
SYSTEMS EVOLUTION INC. INDEX QUARTERLY REPORT ON FORM 10-QSB FOR QUARTERLY PERIOD ENDED February 28, 2006
PART I. FINANCIAL INFORMATION ITEM 1 - Unaudited Consolidated Financial Statements a. Consolidated Balance Sheet as of February 28, 2006 (Unaudited)
b. Consolidated Statements of Operations for the Three And Nine Months Ended February 28, 2006 and 2005 (Unaudited) c. Consolidated Statements of Cash Flows for the Nine Months Ended February 28, 2006 and 2005 (Unaudited) d. Notes to Consolidated Financial Statements (Unaudited) ITEM 2 - Management's Discussion and Analysis ITEM 3 - Controls and Procedures
PART II. OTHER INFORMATION ITEM 6 - Exhibits
SIGNATURES
EXHIBIT 31 - Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 EXHIBIT 32 - Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
SYSTEMS EVOLUTION, INC. CONSOLIDATED BALANCE SHEET February 28, 2006 (Unaudited)
ASSETS
Current Assets Cash $ 6,404 Accounts receivable, net of allowance for doubtful accounts of $17,211 560,825 Unbilled revenue 223,479 Prepaid expenses and other current assets 18,537 Total Current Assets 809,245
Deferred financing cost, net of $2,879,387 accumulated amortization 2,752,876 Other assets 10,639 Furniture and equipment, net of accumulated depreciation of $178,224 99,308 Goodwill 1,231,648 Intangibles, net of $1,098,824 amortization and $91,150 impairment 1,122,537 TOTAL ASSETS $ 6,026,253
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities Accounts payable $ 605,523 Accrued expenses 597,969 Notes payable 57,419 Total Current Liabilities 1,260,911
Deferred rents 19,546 Convertible note, net 1,517,543 Long-term debt - related parties 131,509 Total Liabilities 2,929,509
STOCKHOLDERS' EQUITY Common stock, no par value, 750,000,000 shares authorized, 187,922,760 shares issued and outstanding
16,263,858 Accumulated deficit (13,167,114) Total Stockholders' Equity 3,096,744
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,026,253
SYSTEMS EVOLUTION, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS For the Nine Months Ended February 28, 2006 and 2005
2006 2005 CASH FLOWS FROM OPERATING ACTIVITIES Net loss $ (4,358,949) $ (4,526,216) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 583,032 1,015,350 Amortization of discount on notes payable 908,775 - Amortization of deferred financing costs 1,483,972 - Shares issued for services 312,059 242,050 Stock options and warrant expense - - Shares issued for bonus - 32,695 Stock compensation expense - 1,644,751 Bad debt expense - - Gain on sale of fixed assets - - Changes in: Accounts receivable (241,214) (78,548) Prepaid expenses and other current assets 306,105 (372,515) Other assets (1,668) (58,947) Accounts payable 329,821 (416,401) Unearned service revenue (15,509) - Accrued expenses 375,024 89,571 NET CASH USED IN OPERATING ACTIVITIES (318,552) (2,428,210)
CASH FLOWS FROM INVESTING ACTIVITIES Purchase of CMS - - Purchase of Duration Software - - Purchase of equipment (2,500) (33,461) NET CASH USED IN INVESTING ACTIVITIES (2,500) (33,461)
CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from notes payable and long-term debt 3,940 238,399 Payments notes payable and long-term debt (10,000) (687,292) Proceeds from convertible note 250,000 2,825,000 Deferred rent 17,456 - Deferred financing cost - - Common stock issued for cash - 124,840 Proceeds from exercise of warrants - 2,250 NET CASH PROVIDED BY FINANCING ACTIVITIES 261,396 2,503,197
NET CHANGE IN CASH $ (59,656) $ 41,526 - Cash, beginning of period 66,060 19,522 - Cash, end of period $ 6,404 $ 20,979
NON-CASH INVESTING AND FINANCING ACTIVITIES: Common stock issued for acquisition of CMS - 104,000 Common stock issued for acquisition of Duration - 2,250,000 Common stock issued for acquisition of Next Hire - 40,000 Common stock issued for computer equipment - 52,070 Common stock issued for debt 175,400 31,029 Discount of notes payable 250,000 -
SYSTEMS EVOLUTION INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS February 28, 2006 (UNAUDITED)
NOTE 1 - BASIS OF PRESENTATION
The accompanying unaudited interim financial statements of Systems Evolution Inc. ("SEVI") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the SEVI's Annual Report filed with the SEC on Form 10-KSB. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2005 as reported in the 10-KSB have been omitted.
Impairment of Long-Lived Assets - SEVI reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical cost-carrying value of an asset may no longer be appropriate. SEVI assesses recoverability of the carrying value of the asset by estimating the future net cash flows expected to result from the asset, including eventual disposition. If the future net cash flows are less than the carrying value of the asset, an impairment loss is recorded equal to the difference between the asset’s carrying value and fair value.
ITEM 3 - Controls and Procedures
Disclosure Controls and Procedures . The Company's management, with the participation of the Company's Chief Executive Officer, has evaluated the effectiveness of the Company's disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) as of the end of the period covered by this report. Based on such evaluation, the Company's Chief Executive Officer has concluded that, as of the end of such period, the Company's disclosure controls and procedures are effective in recording, processing, summarizing and reporting, on a timely basis, information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act.
Internal Control Over Financial Reporting . There have not been any changes in the Company's internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the fiscal quarter to which this report relates that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.
PART II - OTHER INFORMATION
ITEM 6 - Exhibits and Report on Form 8-K
(a) Exhibits.
31.1 Certification of Chief Executive Officer and Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1 Certification of Chief Executive Officer and Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes- Oxley Act of 2002, filed herewith.
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934, as amended, the Company caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Systems Evolution Inc.
Dated: April 19, 2006
/s/ Robert C. Rhodes
Robert C. Rhodes Chief Executive Officer Chief Financial Officer
Exhibit 31.1
CERTIFICATIONS
I, Robert C. Rhodes, Chief Executive Officer of Systems Evolution Inc., certify that:
1. I have reviewed this quarterly report on Form 10-QSB of Systems Evolution Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date: April 19, 2006
/s/ Robert C. Rhodes Chief Financial Officer Chief Executive Officer
Exhibit 32
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report of Systems Evolution Inc. (the "Company") on Form 10-QSB for the quarter ended October 21, 2005 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Robert C. Rhodes, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:
(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.
April 19, 2006
/s/ Robert C. Rhodes Chief Executive Officer Chief Financial Officer
All information contained herein is provided "as is." Pink Sheets LLC makes no representation or warranty, expressed or implied, as to the accuracy, timeliness, or completeness of the information provided herein. Neither Pink Sheets LLC, nor its directors, officers, employees, or third party data suppliers, shall bear any responsibility or liability to verify the information and/or its source or for the use, misuse, or inability to use the information provided. None of the foregoing parties shall be liable to any third-party claims or losses of any nature. Accordingly, investors should not use this information as the basis for making an investment decision. Please see Risk Warning and Terms of Service for more information.
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1992 posts -- Msg. # Posts per pg 10 per page 20 per page 30 per page 40 per page 50 per page « Prev 60 | Next 60 » Post new message | Refresh list Msg. # Subject Posted by Date
1992 The brightside will be the PR if they would relea repomaan 20 Apr 2006 10:27 AM EDT
1991 Hey look on the bright side. The 50ma has been m mysticobra96 20 Apr 2006 10:24 AM EDT
1990 Just when you think a stock is dead. russell2005ga 20 Apr 2006 10:12 AM EDT
1989 E-mail the company or Investor Relations to clari tonylai_8 20 Apr 2006 10:11 AM EDT
ˆ. 1988 If they would release the d*mn PR already about g repomaan 20 Apr 2006 10:09 AM EDT
1987 The bid is lowering, Barry. I thought you said we tonylai_8 20 Apr 2006 10:05 AM EDT
1986 rep, good job,,like you posts, sevi will move up barry70518 20 Apr 2006 10:03 AM EDT
1985 So I can't talk about SEVI with my fellow investo repomaan 20 Apr 2006 10:01 AM EDT
1984 this stock is all over the place today. quioxte00 20 Apr 2006 10:00 AM EDT
1983 Repo - what are you? How about making prediction chainring0 20 Apr 2006 9:56 AM EDT
1982 No it was a Mil I watched it and counted Acc/ mysticobra96 20 Apr 2006 9:55 AM EDT
1981 1 mil? I think it was 100,000. WHere's the damn repomaan 20 Apr 2006 9:54 AM EDT
1980 1000000 buy at .027 Hmm... mysticobra96 20 Apr 2006 9:51 AM EDT
1979 I'm looking for .05 in 1-3 months.. you tell me w repomaan 20 Apr 2006 9:50 AM EDT
1978 Here's the 10Q weo1998 20 Apr 2006 9:47 AM EDT
1977 "When's the PR coming? Where's the news? Bi chainring0 20 Apr 2006 9:45 AM EDT
1976 Well, it's listed on the SEC site so my guess is repomaan 20 Apr 2006 9:41 AM EDT
1975 it not on etrade either quioxte00 20 Apr 2006 9:37 AM EDT
1974 There will be a PR today. repomaan 20 Apr 2006 9:37 AM EDT
1973 I don't know why the 10Q is not on Yahoo yet. repomaan 20 Apr 2006 9:36 AM EDT
1972 going to be a down day quioxte00 20 Apr 2006 9:35 AM EDT
1971 Huge buys at the ask.. no sells. repomaan 20 Apr 2006 9:31 AM EDT
1970 Wishful thinking! tonylai_8 20 Apr 2006 9:29 AM EDT
1969 They are going to have a PR today to announce the repomaan 20 Apr 2006 9:28 AM EDT
1968 what does that mean? quioxte00 20 Apr 2006 9:27 AM EDT
1967 Something seems fishy today...maybe a news leak? mysticobra96 20 Apr 2006 9:26 AM EDT
1966 You will read it soon. skyisthelimit7 20 Apr 2006 9:26 AM EDT
1965 any news? quioxte00 20 Apr 2006 9:24 AM EDT
1964 If we clear .03, it's off to the races. repomaan 20 Apr 2006 9:23 AM EDT
1963 We r up pre market. skyisthelimit7 20 Apr 2006 9:23 AM EDT
1962 looks like we might gap up at the open quioxte00 20 Apr 2006 9:23 AM EDT
1961 We need the text of that interview. repomaan 20 Apr 2006 8:57 AM EDT
1960 ceo interview will be pr'd today wiscivwv 20 Apr 2006 8:54 AM EDT
1959 The 10Q being released... not posted on Yahoo. repomaan 20 Apr 2006 8:50 AM EDT
1958 what news? quioxte00 20 Apr 2006 8:49 AM EDT
1957 We are a 56% buy today. repomaan 20 Apr 2006 8:43 AM EDT
1956 Is anyone a member of this site and could post th repomaan 20 Apr 2006 8:37 AM EDT
1955 topofalltrades, weo1998 20 Apr 2006 8:26 AM EDT
1954 News still hasn't hit Yahoo. repomaan 20 Apr 2006 8:22 AM EDT
1953 We want a r/s and the company does in a couple ye barry70518 20 Apr 2006 7:49 AM EDT
1952 Sounds great,Leonard. tony66666 20 Apr 2006 7:47 AM EDT
1951 Green day,+20%,the forecast is strong. leonard1809 20 Apr 2006 7:35 AM EDT
1950 Where are we heading today, everyone? In the red tony66666 20 Apr 2006 7:26 AM EDT
1949 OT: Duelittle2, Gribbit 20 Apr 2006 6:45 AM EDT
1948 We want a R/S if it leads to a higher exchange... repomaan 20 Apr 2006 6:14 AM EDT
1947 Just to let the Board Know... duelittle2 20 Apr 2006 1:30 AM EDT
1946 barry, you are about as stupid as they come. rockie101 20 Apr 2006 12:08 AM EDT
1945 barry can...he knows everything....lolololo rockie101 20 Apr 2006 12:07 AM EDT
1944 I am wondering where is the profit. I couldn't fi rascalricky 19 Apr 2006 11:59 PM EDT
1943 I am wondering where is the profit. I couldn't fi rascalricky 19 Apr 2006 11:59 PM EDT
1942 Well I liked the modest approach they gave of 20p rascalricky 19 Apr 2006 11:53 PM EDT
1933 so many things could change from now to then ... topofalltrades 19 Apr 2006 11:05 PM EDT
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No kidding, but still not on the business wire yet.... going to be released in conjunction with a PR.
Dopey.
Posted by simpleman on :
sorry that was barry not berry my wrong
Posted by Repoman75 on :
Apology not accepted.
Posted by Mysticobra96 on :
PR on the way!!!
Just talked to Mike again...I asked him if and when they will be releasing a pr about the quarterly and the interview w/the ceo. He said they will definetly have a pr, but hes not sure when. So, hang in there guys our time will come. In the mean time our 5/10/15 MA are still climbing. I think the co. will release the info pretty soon, I hope!
Posted by Repoman75 on :
Where's that PR damnit... drifting lower.
Posted by FIST13F on :
Wow positive PR ends in 34% decrease in stock value. Some one please reassure a newbie that this is just the MM's playing with my emotions. Us sevi folks have been quiet today, understandably. Thoughts?
Posted by Repoman75 on :
The PR wasn't released on the newswires... even the 10Q wasn't released, only to the SEC publicly.
Have to hunker down and wait.
Posted by Repoman75 on :
News.
Systems Evolution, Inc. Announces Contract from Microsoft Tuesday April 25, 6:48 am ET Providing Consulting Services to Large Oil and Gas Services Company
HOUSTON--(BUSINESS WIRE)--April 25, 2006--Systems Evolution, Inc. (OTCBB:SEVI - News), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it has been awarded a consulting services contract, by Microsoft Corporation, to assist a large international Oil and Gas Services Company with the implementation of an Enterprise Project Management System using Microsoft's Project Management software and SEVI's processes. ADVERTISEMENT
Robert Rhodes, CEO, said, "SEVI is very pleased to win Microsoft's confidence with this assignment and we look forward to more work in this industry in the future."
SEVI also wishes to clarify comments made on its recent conference call that there is no immediate plan for a reverse stock split of its common stock.
About Systems Evolution, Inc.
Systems Evolution Inc. ("SEVI"), http://www.systemsevolution.com, is a publicly held professional services organization founded in 1993 that provides software development solutions, Enterprise Project Management consulting, and managed network support through its Consulting division and permanent placement through its Next Hire Consultants division. Its Consulting Division is a Microsoft Gold Certified Partner.
Posted by MooseLite04 on :
We are moving up!!!!
Posted by Mysticobra96 on :
How high do you guys think we can go? $.10 on a three day run here?
Posted by Repoman75 on :
Honeslty? No. I would sell today and buy back in a few days from now at .028.
Posted by blou on :
*********.com 4-15-06 For the six months ended 30 November 2005, Systems Evolution, Inc.'s revenues totaled $2.4M, up from $1.1M. Net loss decreased 10% to $3.1M. Revenues reflect increased sales in the B&T division along with increased placement fees generated in the NHC division. Lower loss reflects decreased general, administrative and selling expenses due to retaining a small administrative management team and little ongoing professional services
Posted by Hold-em-er-fold-em on :
The chart loooks real good here!
What are the oustanding shares on this? does anyone know?
Posted by Mysticobra96 on :
around 180million and a float around 30 million i believe
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Acc/ mysticobra96 20 Apr 2006