This is topic BIMR..HUGE ALERT..ENERGY STOCK GETTING NOTICED in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
Nayna Networks and WICE-NET, Ltd. Announce US$12 Million Network Solutions Agreement Monday May 8, 10:15 am ET Initial Purchase Orders Totaling US$7 Million Received
SANTA CLARA, Calif. and MUMBAI, India, May 8, 2006 (PRIMEZONE) -- Nayna Networks, Inc. (OTC BB:NAYN.OB - News), a provider of next-generation network solutions headquartered in Santa Clara, California, USA, and WICE-NET, Ltd., a provider of broadband access services in the India subcontinent and Africa, today announced they have finalized an agreement through which Nayna will be the exclusive network systems solutions and equipment provider for WICE-NET's triple-play broadband access deployments. ADVERTISEMENT
WICE-NET is currently moving forward with a project in Africa and has associations/partnerships with major Indian carriers to provide solutions.
Under the terms of the agreement, Nayna will provide advanced equipment for WICE-NET installations, including solutions using Ethernet and SDH-based technologies. Monitoring and control will be done by Nayna's versatile and standards-based element management system ``AN NetCharmer''. Nayna will also provide WICE-NET with necessary network design, network planning and optimization services, and technical support to enable the deployment of multimedia services in a cost-effective manner with optimal Operating Expenditure (OPEX).
The total value of the agreement is expected to be US$12 million over the next twelve months. To supply its requirements in Africa and India, WICE-NET has given Nayna initial purchase orders valued at US$7 million.
``By working with Nayna, WICE-NET can seamlessly integrate the various equipment technologies with effective management required for our broadband networks,'' said Balasahab Kadam, chairman of WICE-NET. ``Nayna is recognized as a leader in FTTH and SDH technologies and their expertise will allow WICE-NET to deliver our solutions to our customers more efficiently.''
``We are pleased to be the network solutions provider for WICE-NET's installations,'' said Suresh Pillai, Vice President of Nayna Networks, Inc. and Managing Director, India operations. ``WICE-NET has an innovative plan to deliver cost-effective broadband access to areas such as Africa and India and we are excited to be a part of their solution.''
About WICE-NET
WICE-NET provides an innovative and advanced broadband access mechanism through an intelligent Metropolitan Area Network with capacity to deliver multiple services at affordable cost which is beyond the reach of existing technologies.
About Nayna Networks, Inc.
Nayna Networks, Inc. delivers next-generation network solutions. More information is available at http://www.nayna.com/. Posted by vinnie1 on :
whats next sup.
Posted by superman7 on :
rock thats one on my radar been there since morning it is looking great but i am still not in yet
Posted by vinnie1 on :
will watch for it. give us the heads up if you buy
Posted by rocktrader on :
NAYN...low floater too..28 million...float..
i started a new thread,,,
Sup..your MSN id?
Posted by PCola77 on :
Spread needs to tighten up some. It's good to see that no one is dropping their ask below .0019 though
Posted by newtradr on :
.02! lets see it run!
Posted by justastock on :
Nice, this is with out news, something might be up here. Double already for me. WOW, from .0025.. Energy plays are huge right now.
J
Posted by LearningInvestor on :
Superman : Are you still holding this stock?
Posted by superman7 on :
yes i am still holding i think the .02 break is going to happen soon and then BOOOOM
Posted by newtradr on :
hey supe. i dunno if you noticed but it did hit .20 for a little bit after lunchtime. do you think it will break agian towards close?
Posted by newtradr on :
is anyone still holding this?
Posted by justastock on :
quote:Originally posted by moosehead9nc: atleast 2 cents
Where in NC are you? I live in Alamance County.
J
Posted by newtradr on :
This is over....i am out
Posted by moosehead9nc on :
i live in concord
Posted by PCola77 on :
I disagree. One MM selling at .15 then nothing 'til .18 and still thin after that.
quote:Originally posted by newtradr: This is over....i am out
Posted by kinglupid on :
So what do we think will happen in the coming days?
Posted by newtradr on :
Anybody have any know about this-0 Volume?
Posted by newtradr on :
this is bad...losing alot
Posted by justastock on :
IMHO, might be the MM shake. Holding strong here.
Posted by auburn on :
All we need is some volume!
Posted by justastock on :
Funny how she goes down on 1/10 the volume that toke it up. Hmm.. Looks like the MM are trying to get shares. IMHO.. The float is so low.. Not worried here.
Please take your own risk..
J
Posted by auburn on :
SUPERMAN, this was your pick where do you stand on it?
Posted by Youngmoney on :
I'n pretty new can anyone recomend a micro- cap or penny stock thanks a bunch!
Posted by Youngmoney on :
I'm pretty new can anyone recommend a micro-cap or penny stock book thanks a bunch!
Posted by weamins on :
Currently I am holding following, Please share your views.
THANK YOU IN ADVANCE!!!!!!
Posted by kinglupid on :
I took a loss on this. Trying to limit my downward trend. I have had a bunch of bad days back to back!
Posted by auburn on :
NDOL is a good one and despite what the bashers say watch the it go!
Posted by justastock on :
Morning Bimr's.. Lets see what shes got here today.
I still think yesterday was a shake from the MM.. JMHO.. And we will move to new highs with news soon.
Please, take your own risk.
J
Posted by justastock on :
Price Size Exch Time 0.01 16600 OTO 05/09 0.01 10000 OTO 05/09 0.011 5000 OTO 05/09 0.012 25000 OTO 05/09 0.012 500 OTO 05/09 0.01 35000 OTO 05/09 0.011 50000 OTO 05/09 0.012 10000 OTO 05/09 0.012 150000 OTO 05/09 0.012 37000 OTO 05/09 0.012 100000 OTO 05/09 0.012 20000 OTO 05/09 0.012 50000 OTO 05/09 0.011 10000 OTO 05/09 0.011 41000 OTO 05/09 0.011 9000 OTO 05/09 0.011 10000 OTO 05/09 0.014 5000 OTO 05/09 0.014 5000 OTO 05/09
Posted by justastock on :
Looking for the new base to average down...
Posted by Lionking on :
What is the future of this one?
Posted by EverGreen on :
little volume lately with NITE buying
maybe ready for another spike after 8 months?
Posted by EverGreen on :
well it seems we are close - some people are buying big (IHub)
Posted by J_U_ICE on :
13:33 04/18/2007 BIMR BIMS Renewable Energy, Inc. Common Stock TGDR Tung Dung Resources, Inc. Common Stock 1-150 R/S **