This is topic SNIO-- Senticore BIG VOLUME in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by J_U_ICE on :
 
up 36% 4.5x volume .oo75 next stop penny central
 
Posted by J_U_ICE on :
 
this is closing strong .008 uptick
 
Posted by J_U_ICE on :
 
.0085 up 55% 6x volume
 
Posted by J_U_ICE on :
 
ask .0088 should gap in the am
 
Posted by J_U_ICE on :
 
should be flying tomorrow
 
Posted by J_U_ICE on :
 
Some company background

Senticore Inc., headquartered in Hollywood, Florida, was founded in1999. The company was restructured as a holding company in 2003 by the current management team. The corporate focus is the acquisition of diverse businesses and real estate within various industries such as residential & commercial real estate, land development projects, hospitality industry, and professional sports.




The Company is currently in the process of completing several successful, profitable acquisitions, including gas stations, hotel properties, and the company's newest focal point - timber plantations.

Senticore is focused on these industries because its management team offers expertise and extensive knowledge in these areas and with the current economic conditions and favorable interest rates, the time is ideal for a roll-up within these industries.

Senticore's aggressive new management team is dedicated to locating and acquiring proven, income producing properties and businesses. The current portfolio of holdings is based upon diversification as evident by investments in land, timber, and professional sports. Senticore's long-term objective is to continue to develop its holdings and seek out other potential acquisitions allowing the company to achieve a balance between income-producing properties and long-term growth projects.
 
Posted by J_U_ICE on :
 
Income Statement
04/22/2006, HOLLYWOOD, FL - MARKET WIRE



Quarterly Data

All numbers in thousands
PERIOD ENDING 31-Dec-05 30-Sep-05 30-Jun-05 31-Mar-05
Total Revenue - - - -
Cost of Revenue - - - -

Gross Profit - - - -

Operating Expenses
Research Development - - - -
Selling General and Administrative (516) 114 23 435
Non Recurring (140) 140 - -
Others - - - -

Total Operating Expenses - - - -


Operating Income or Loss 656 (254) (23) (435)

Income from Continuing Operations
Total Other Income/Expenses Net - - - -
Earnings Before Interest And Taxes 656 (254) (23) (435)
Interest Expense - - - -
Income Before Tax 656 (254) (23) (435)
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops 656 (254) (23) (435)

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income 656 (254) (23) (435)
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares $656 ($254) ($23) ($435)


--------------------------------------------------------------------------------


Annual Data

All numbers in thousands
PERIOD ENDING 31-Dec-04 31-Dec-03 31-Dec-02
Total Revenue - - -
Cost of Revenue - - -

Gross Profit - - -

Operating Expenses
Research Development - - -
Selling General and Administrative 2,452 517 18
Non Recurring - 109 -
Others - - -

Total Operating Expenses 2,452 626 18


Operating Income or Loss (2,452) (626) (18)

Income from Continuing Operations
Total Other Income/Expenses Net (6) - -
Earnings Before Interest And Taxes (2,458) (626) (18)
Interest Expense 377 94 -
Income Before Tax (2,836) (720) (18)
Income Tax Expense - - -
Minority Interest - - -

Net Income From Continuing Ops (2,836) (720) (18)

Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -


Net Income (2,836) (720) (18)
Preferred Stock And Other Adjustments - - -

Net Income Applicable To Common Shares ($2,836) ($720) ($18)
 
Posted by JHenry on :
 
J_U_ICE - do you have any idea why there was so much volume in the last 45 min of the day?
 
Posted by J_U_ICE on :
 
quote:
Originally posted by JHenry:
J_U_ICE - do you have any idea why there was so much volume in the last 45 min of the day?

I'm still searching for that answer but it sure brought a smile to my face [Big Grin]
 
Posted by kilikili on :
 
Crossed the 200ma, holds support at .005, technically this looks great! Matto! Whadya think?
 
Posted by kilikili on :
 
Looks like it's moving back up heading towards EOD
 
Posted by kilikili on :
 
In at .006
 
Posted by J_U_ICE on :
 
quote:
Originally posted by kilikili:
In at .006

Watch this made nice green yesterday on strong close. Folded like an accordian this morning
 
Posted by J_U_ICE on :
 
This is one to look at tomorrow. Doesn't appear to be any dilution. Owns 40% of TJSS which is trading at .35
 
Posted by J_U_ICE on :
 
keep an eye on this today
 
Posted by kilikili on :
 
SNIO gapped up at the opening. Very low volume. This could run up very quickly.
 
Posted by snio on :
 
10-Q in a few days > Assets Double
 
Posted by J_U_ICE on :
 
This is going to run soooon
 
Posted by J_U_ICE on :
 
2x avg volume already up 11%
 
Posted by J_U_ICE on :
 
up 21% 3x volume ready to breakout
 
Posted by kilikili on :
 
SNIO is moving!
 
Posted by J_U_ICE on :
 
looks great for a run
 
Posted by J_U_ICE on :
 
here we goooooo!!!!!!!!!!
 
Posted by kilikili on :
 
Could be a runner on Monday too. Next resistance is .01

Break that and we should be able to go higher imo.
 
Posted by kilikili on :
 
now .0089!
 
Posted by kilikili on :
 
dang another uptick again .009!
 
Posted by J_U_ICE on :
 
ask .0095!!!!!!!!
 
Posted by J_U_ICE on :
 
.0095 up 35%
 
Posted by J_U_ICE on :
 
.01!!!!!!!!!!!! still moving
 
Posted by J_U_ICE on :
 
.011!!!!!!!!!!!!!
 
Posted by beto on :
 
picked some up. The chart looks good.
 
Posted by J_U_ICE on :
 
good pickup beto starting to come back up
 
Posted by kilikili on :
 
quote:
Originally posted by beto:
picked some up. The chart looks good.

Yes chart looks good!
 
Posted by kilikili on :
 
MM's shaking around 01
 
Posted by J_U_ICE on :
 
volume coming in this could move
 
Posted by kilikili on :
 
Up 21%
 
Posted by J_U_ICE on :
 
29%
 
Posted by kilikili on :
 
This could be a monday runner as well imo. Charts look excellent for a run if it breaks and stays above the .01.

Sooo close!!!
 
Posted by kilikili on :
 
Here's the chart for the EOD run!

http://stockcharts.com/h-sc/ui?s=SNIO&p=DAILY&b=5&g=0&id=p0
 
Posted by J_U_ICE on :
 
we're gonna close strong IMO
 
Posted by J_U_ICE on :
 
ask at .0097
 
Posted by J_U_ICE on :
 
nice day looking great for next week keep an eye on this one [Eek!]
 
Posted by J_U_ICE on :
 
pennyland here were we come to stay!!!!!!!!!
 
Posted by J_U_ICE on :
 
This is one to watch this week [Eek!]
 
Posted by snio on :
 
gapping
 
Posted by kilikili on :
 
Looking good!
 
Posted by kilikili on :
 
Up 44%
 
Posted by Johnwayne on :
 
Anybody think this sees .018 today?
 
Posted by Johnwayne on :
 
Dumb question .... sorry guys. Didn't see what it opened at.
 
Posted by kilikili on :
 
Could see .018, next resistance looks like .02 imo.

BTW up 67%
 
Posted by J_U_ICE on :
 
this is on fire had no electricity just got on the PC
 
Posted by moosehead9nc on :
 
This is starting to go big, could be a double bagger
 
Posted by kilikili on :
 
Next stop .016
 
Posted by J_U_ICE on :
 
this is exploding much like my bank account
 
Posted by moosehead9nc on :
 
its eating through these resistances
 
Posted by Johnwayne on :
 
Dang it I missed this one too guys. Off to a rought start this week, but don't want to chase.
 
Posted by moosehead9nc on :
 
just a shake, seems to be a great time to buy, still 4 hours till close
 
Posted by kilikili on :
 
2x.0146
2x.0155
3x.016
at the ask.
 
Posted by kilikili on :
 
sellers, sell at the ask. Buyers, back the truck up
 
Posted by captain america on :
 
this one needs a kick start!
 
Posted by kilikili on :
 
Kicking back up!
 
Posted by J_U_ICE on :
 
ended on an uptick at .0145 up 67% 20x volume HOD .0155
 
Posted by J_U_ICE on :
 
gapping ask .0169


http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001264931%2D06%2D00026 8%2Etxt&FilePath...
 
Posted by kilikili on :
 
Here's a working link.

http://biz.yahoo.com/e/060516/snio.ob8-k.html

Looking good imo!
 
Posted by kilikili on :
 
Shake em out!
 
Posted by kilikili on :
 
MM's still shakin.. Buying op here imo.
 
Posted by kilikili on :
 
Looks like shakin is over. Heading back up!
 
Posted by Johnwayne on :
 
Starting to perk up here. Back up to my buy in price!
Let's get through .02 today! This thing has alot of volume and still has some kick left in her.
 
Posted by Johnwayne on :
 
Anybody still in this?
 
Posted by Johnwayne on :
 
Bought at HOD. How stupid am I?
 
Posted by kilikili on :
 
I still have mine. I haven't budged yet. Chart still looks good to me. MM's seem to be just consolidating imo. It's still in the upper 5 day ma.
 
Posted by J_U_ICE on :
 
I still have mine took some profits but still believe more room to move
 
Posted by Johnwayne on :
 
Ok 150,000 shares sold this morning already.
What the heck?
 
Posted by J_U_ICE on :
 
Strong close up 15% volume picked up at the EOD
 
Posted by J_U_ICE on :
 
up 29% at HOD needs volume
 
Posted by J_U_ICE on :
 
strong close HOD up 35%
 
Posted by J_U_ICE on :
 
The reason for the strong close

May 25, 2006 - 4:47 PM EDT


Integrative Health Technologies, Inc. Announces Merger Agreement with Senticore, Inc.
SAN ANTONIO, May 25 /PRNewswire/ -- Integrative Health Technologies, Inc. (IHT) announced the signing of a merger agreement in which it will become a wholly owned subsidiary of, and transfer its assets and outstanding shares to, Senticore, Inc. (OTC Bulletin Board: SNIO), a business development company.

IHT and its subsidiary, Health and Medical Research Center, have been engaged in the research and development of nutritional and healthcare products and technologies for over 20 years. Relying on the advice and guidance provided by its highly qualified Scientific Advisory Board (www.ihtglobal.com), IHT receives grants from a number of leading companies in the healthcare and nutrition industries to conduct independent studies of the safety and efficacy of products and supplements designed to facilitate weight loss while improving bone health, blood chemistries, and quality of life. Its assets include a national database of over 40,000 measurements of bone density, lean and fat mass, and blood chemistries obtained from some of the most sophisticated technologies available. It contains data from people residing in every state in the union from measurements obtained from IHT's five mobile testing units.

'The database is a virtual scientific gold mine for the purpose of examining the relationships between the various measurements, and can aid in the development of prediction models designed to personalize nutritional and medical recommendations to the individual's unique physiological and biochemical requirements,' said Dr. Joel Michalek, a university professor on IHT's Scientific Advisory Board.

'There is no doubt that the measurements of changes in lean, fat and bone mass contained in the database are going to have a profound effect on how we view weight loss,' said Dr. Harry G. Preuss, a member of IHT's Scientific Board, Professor of Medicine at Georgetown University and former President of the American College of Nutrition. 'We are re-framing the way we think about weight loss and paying much more attention to the kind, not the amount, of weight that is lost. Obviously, losing muscle and bone mass is hardly indicative of healthy weight loss,' added Dr. Preuss.

The company has derived its income from ongoing from research and consulting contracts with its healthcare and nutritional clientele. As of May 15, 2006, IHT had an un-audited balance sheet indicating assets of $8,097,515 and liabilities of $522,952. 'We need to underscore the 'un-audited' nature of these figures until we obtain an independent audit, which will be filed as an amendment to our Form 8-K within 71 calendar days of closing,' said IHT's CEO, Gilbert R. Kaats, PhD.

IHT will become Senticore's largest portfolio company and, in conjunction with the merger, IHT's management team will replace Senticore's management after the SEC's required 10-day waiting period. At that time, the company will continue to operate as a business development company, but will limit its acquisitions and its research and development, to the healthcare and nutritional industries utilizing its networking connections that have been developed over the past 20 years.

Forward-Looking Statement: Statements that are not historical facts are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, and the effect of adverse publicity, litigation, competition and other factors that may be identified from time to time in the Company's public announcements.


Contact Person: Gilbert R. Kaats
Integrative Health Technologies, Inc.
gil*hmrcenter.net
(210) 824.4416

SOURCE Integrative Health Technologies, Inc.


Source: PR Newswire (May 25, 2006 - 4:47 PM EDT)

News by QuoteMedia
www.quotemedia.com
 
Posted by renrob05 on :
 
Wow looks good
 
Posted by renrob05 on :
 
gonna be a gappa
 
Posted by J_U_ICE on :
 
I agree this has had some nice runs in the last few weeks and this should push it up higher than .0145
 
Posted by renrob05 on :
 
should test .018 IMO
 
Posted by renrob05 on :
 
gapping
 
Posted by djg7 on :
 
Definately on the radar.

L2s

Bid 1x.0095 1x.009 1x.007

Ask 1x.0095 5x.01 3x.011
 
Posted by J_U_ICE on :
 
Nice start!!!!!!!!!!!
 
Posted by J_U_ICE on :
 
.02 BABY!!!!!!!!!!
 
Posted by J_U_ICE on :
 
.023 UP 142% TODAY
 
Posted by rimasco on :
 
Nice call J U ice ...... i missed .....but i seen you were touting at yesterdays close
 
Posted by Johnwayne on :
 
Hey Juice-
should I dump a little in on a pullback?
Long weekend plays are tough.
 
Posted by J_U_ICE on :
 
i would shaking hard now
 
Posted by J_U_ICE on :
 
DUKE i hope you got in this flying again
 
Posted by Johnwayne on :
 
Gonna wait and see if it bottoms out here. Think it will take off again?
 
Posted by J_U_ICE on :
 
I think the news is huge and there will be dips here and there but ppl are starting to notice it
 
Posted by next1 on :
 
We are up at the high for the third time!
What a nice pick!
 
Posted by heynow on :
 
new high for the day .0260 and climbing..This thing is taking off FAST.
 
Posted by J_U_ICE on :
 
up 188% almost 6x volume already
 
Posted by Johnwayne on :
 
Scottrade is not taking on line orders right now so I missed it. Will hope for another pullback.
 
Posted by pennsense on :
 
juice what do you think high of the day would be
 
Posted by J_U_ICE on :
 
Have no clue I'm still trying to wrap my head around this I haven't had any caffeine yet
 
Posted by renrob05 on :
 
loving it in at .013
 
Posted by pennsense on :
 
what does the L2 say
 
Posted by next1 on :
 
It seems to want to go for more. Would 0.05 be possible?
 
Posted by pennsense on :
 
For me money flow is still red. But all other indicators are pretty hot
 
Posted by J_U_ICE on :
 
Still holding strong up 178% almost 9x volume
 
Posted by rimasco on :
 
Nice call J U ice (as usual)

I missed it, but i seen you were touting at yesterdays close
 
Posted by J_U_ICE on :
 
quote:
Originally posted by rimasco:
Nice call J U ice (as usual)

I missed it, but i seen you were touting at yesterdays close

Thanks Rimasco having a nice morning and I never thanked you for IDCN got in at 0032 out at 0046 so thanks for that bro
 
Posted by pennsense on :
 
what does it mean when bid is higher than the ask. Is this some sort of signal from MM's
 
Posted by J_U_ICE on :
 
it's going up!!!
 
Posted by pennsense on :
 
ok cool thanks juice
 
Posted by djg7 on :
 
Bounce now .019x.02. Will this go up and should I enter or wait?
 
Posted by heynow on :
 
Ticking up again...Hopeing for a NICE EOD.
 
Posted by jordanm on :
 
EOD run ????
 
Posted by jordanm on :
 
anyone still in this ? should I load up for a EOD ?
 
Posted by jordanm on :
 
J_U_ICE...are you still in ?
 
Posted by J_U_ICE on :
 
I'm still here just watching a few others more closely. Looks like this is holding strong I don't know about an EOD run
 
Posted by pennsense on :
 
ok cool thanks juice
 
Posted by J_U_ICE on :
 
Took a nice dip to .0145 but back strong at .02
 
Posted by money 76 on :
 
this stock is holding strong . should have a big run eod
 
Posted by MakeMoney on :
 
I think this is going again soon. I got an email back from Senticore saying there are going to be several press releases dicussing the merger and its fiscal benefits
 
Posted by J_U_ICE on :
 
up 67% on low volume
 
Posted by J_U_ICE on :
 
had a big dip now back up 54% very low volume
 
Posted by J_U_ICE on :
 
Hoping for a strong close
 
Posted by money 76 on :
 
strong close today . should go up to 0.03 tomm
 
Posted by J_U_ICE on :
 
at HOD .021
 
Posted by J_U_ICE on :
 
a nice day today
 
Posted by J_U_ICE on :
 
at HOD up28% on low volume
 
Posted by J_U_ICE on :
 
.024 new HOD
 
Posted by J_U_ICE on :
 
.025 up 39%
 
Posted by J_U_ICE on :
 
.0255
 
Posted by J_U_ICE on :
 
.026
 
Posted by J_U_ICE on :
 
.028!!!!
 
Posted by money 76 on :
 
.028 wow
 
Posted by BuyTex on :
 
well, look like you got your close...nice
 
Posted by J_U_ICE on :
 
quote:
Originally posted by BuyTex:
well, look like you got your close...nice

Thanks I like it but still a half hour to run
 
Posted by J_U_ICE on :
 
Very strong close hopefully the MOMO keeps flowing

http://www.smallcapcenter.com/snapshot_techanalysis.asp?component=compinfo.asp&r ow=2&page=snap_techanalysis.asp&flag=true&ticker=SNIO
 
Posted by J_U_ICE on :
 
Form 8-K for SENTICORE INC


--------------------------------------------------------------------------------

8-Jun-2006

Completion of Acquisition or Disposition of Assets


ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
The Agreement and Plan of Reorganization

On May 12, 2006, the Registrant entered into an Agreement and Plan of Reorganization (the "Agreement"), with Integrative Health Technologies, Inc., an Illinois corporation ("IHT"), the common stockholders of IHT (the "IHT Stockholders") and Jay Patel. Pursuant to the terms of the Agreement, all of the 78,188,538 shares of common stock, $.0001 par value, of IHT (the "IHT Common Stock"), issued and outstanding prior to the closing, were to be exchanged in the aggregate for a new issue of 20,000,000 shares of Series A Convertible Preferred Stock, $.001 par value, of the Registrant (the "Convertible Preferred Stock"). As a result of the exchange, IHT will become a wholly-owned subsidiary of the Registrant, and the IHT Stockholders will have voting control of the Registrant.

The Convertible Preferred Stock

Each share of Convertible Preferred Stock has the right to convert into 400 shares of common stock, $.001 par value, of the Registrant (the "Senticore Common Stock"), assuming that the authorized common stock of the Company is increased to permit such conversion, and the right to vote on an "as converted" basis with each share of Senticore Common Stock. As a result of the transaction, the IHT Stockholders will have voting control of the Registrant, amounting to approximately 97.7% of the total combined voting power of the Registrant.

Business of IHT

IHT's headquarters are located in San Antonio, Texas and it is engaged in the research and development of healthcare products and technologies. IHT had total assets of $8,097,515 (unaudited), and stockholders' equity of $7,710,883 (unaudited) as of April 30, 2006. IHT intends to file a Current Report on Form 8-K/A within no more than 71 calendar days disclosing its audited and pro forma combined financial statements, as required by Item 9.01 of Form 8-K.

The Completion of the Transactions

On June 3, 2006, the parties completed the transactions contemplated by the Agreement. Restricted certificates representing 20,000,000 shares of Convertible Preferred Stock were issued to the IHT Stockholders in an offering that was exempt from registration under Section 4(2) and Section 4(6) of the Securities Act of 1933, as amended, and other closing deliveries were made by the parties. An appropriate Form D will be filed by the Registrant in connection with such issuance with the Commission and certain state securities commissioners within 15 calendar days.

Reduction of Liabilities

In connection with the closing transactions, The Nutmeg Group, LLC, an Illinois limited liability company and shareholder of the Registrant, agreed to cancel two promissory notes made by the Registrant in its favor in the amounts of $300,000 and $314,000, against delivery of restricted stock certificates for shares of preferred stock in the amount of 1,071,426 shares and 1,121,636 shares, respectively, of Taj Systems, Inc., a portfolio company that trades on the Pink Sheets in which the Registrant owns approximately 7,000,000 shares of preferred stock, representing a 40% equity interest. The Nutmeg Group, LLC also agreed to execute and deliver a general release in favor of the Registrant for any and all claims which it may have against the Registrant.

In addition, in connection with the closing transactions, Jay Patel, former Chairman and CEO of the Registrant, and Carl Gessner, President of the Registrant, agreed to cancel and release any claims that they may have against the Registrant for back wages in the aggregate amount of $122,400.22, against delivery of restricted stock certificates for shares of preferred stock in the amount of 437,144 of Taj Systems, Inc.

As a result of the closing transactions, the current liabilities of the Registrant will have been reduced by $736,400 from $958,572 to $222,172.


- 2 -

--------------------------------------------------------------------------------

Management Changes

As of the closing date, Jay Patel resigned as Chairman and Chief Executive Officer of the Registrant, and Gilbert R. Kaats, Ph.D., was appointed a director, Chairman of the Board and Chief Executive Officer of the Registrant. He will serve together with Carl Gessner, who is currently President of the Registrant and a director, until additional nominees are appointed to the Board of Directors in compliance with Section 14(f) of the Securities Exchange Act of 1934, as amended. In connection with the filing of an Information Statement on Schedule 14F-1 and mailing of the same to the Registrant's shareholders, director biographies and other information about current and proposed management, management's ownership stake in the Registrant and information on executive compensation will be disclosed.

Business Plan Post Closing

As previously reported, the new management team of the Registrant plans to continue to operate the Registrant as a business development company regulated by, among other provisions, Section 55 to Section 65 of the Investment Company Act of 1940, as amended. The business plan includes portfolio acquisitions in the healthcare and related industries.

Common Stock issued upon Conversion; Outstanding Shares

In the opinion of counsel to the Registrant, the shares of Convertible Preferred Stock issued at closing constitute restricted securities, and the underlying shares of common stock into which they may be converted, assuming that the Registrant's authorized common stock is increased to permit conversion, also constitute restricted securities. Currently, there is no market for the Convertible Preferred Stock and it is not registered under Section 12 of the Exchange Act. However, the common stock into which the Convertible Preferred Stock is convertible is registered under Section 12 of the Exchange Act, and shares which are converted may become eligible for sale after a one year holding period pursuant to Rule 144, provided that all of the conditions of the rule are met. As a result of the acquisition, the Registrant will have 181,145,154 shares of common stock issued and outstanding, and 20,000,000 shares of Convertible Preferred Stock issued and outstanding.
 
Posted by J_U_ICE on :
 
Senticore, Inc. Closes Merger and Reorganization Agreement Replacing Management and Reducing Existing Liabilities
6/14/2006

SAN ANTONIO, June 14, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Senticore, Inc.'s (OTC Bulletin Board: SNIO) recent 8-K and Schedule 14F-1 filings report the closing of its merger and reorganization plan with Integrative Health Technologies, Inc. ("IHT"). The merger and reorganization was closed on June 3, 2006. At that time, Jay Patel resigned all of his positions, including Chairman and Chief Executive Officer. The Board of Directors appointed IHT's CEO, Dr. Gilbert R. Kaats, Ph.D., as Chairman and Chief Executive Officer of Senticore.

The filings also disclosed that Senticore's current liabilities were reduced by $736,400. "I think it is important for our shareholders to know that this was not the result of the investment of additional funds," said Kaats. "We offset these liabilities by providing the creditors with preferred shares in Taj Systems, Inc., one of our portfolio companies that trades on the Pink Sheets under TJSS. Thus, while our liabilities were reduced, so were our assets," Kaats pointed out.

Senticore used Taj shares to discharge liabilities of $736,400, implying a valuation of $0.28 per Taj share. The open market trading price of Taj shares has increased during 2006 from approximately $0.11/share in January to its current price of approximately $0.32/share. "However, even after offsetting the $736,400 of liabilities with Taj shares, Senticore retains approximately 4,246,394 shares and its controlling interest in Taj," Kaats said.

"The acquisition of Taj Systems shares in November 2005 was accomplished by the previous management team, Jay Patel and Carl Gessner," Kaats explained. "Senticore obtained approximately 7 million preferred shares representing about a 40% ownership and controlling interest in the company. Since then, Patel and Gessner have played an aggressive role in the management of Taj as explained in a series of news releases issued by TJSS." Kaats added that both Patel and Gessner, the latter as President, are continuing to serve as Taj System's Management team.

Senticore's new management team is continuing to focus their energies on its research and development activities, particularly its $1,300,000 grant previously awarded to IHT Research & Development, Inc., one of Senticore's portfolio companies. This grant is to conduct clinical trials involving 400 subjects from ages 8 to 80, to develop a bone-health program. "Our inclusion of adolescents in this study is in direct response to the U.S. Surgeon General's 'call to action' to the healthcare industry in light of a study finding that almost 85% of high school girls are receiving insufficient amounts of bone-building nutrients for normal growth," said Sam Keith, the R & D company's CEO. "This nutritional deficiency is particularly troublesome," Keith pointed out, "since most of the adolescents' bone growth occurs during these critical early years."

"We are currently preparing a press release to update the progress we have made on this study," added Kaats.
 
Posted by J_U_ICE on :
 
Matto is right this runs big time!!!
 
Posted by money 76 on :
 
this should run tomm

imo this stock tomm should touch 0.03 .

nice post juice & matto.

i am gonna go big on this stock early morn
 
Posted by renrob05 on :
 
i'll be buying also
 
Posted by yahosef_777 on :
 
becareful guys the pr put out yesterday is just a copy of the FORM 8 SENT OUT ON THE 8TH OF JUNE


Form 8-K for SENTICORE INC


--------------------------------------------------------------------------------

8-Jun-2006

Completion of Acquisition or Disposition of Assets


ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
The Agreement and Plan of Reorganization

On May 12, 2006, the Registrant entered into an Agreement and Plan of Reorganization (the "Agreement"), with Integrative Health Technologies, Inc., an Illinois corporation ("IHT"), the common stockholders of IHT (the "IHT Stockholders") and Jay Patel. Pursuant to the terms of the Agreement, all of the 78,188,538 shares of common stock, $.0001 par value, of IHT (the "IHT Common Stock"), issued and outstanding prior to the closing, were to be exchanged in the aggregate for a new issue of 20,000,000 shares of Series A Convertible Preferred Stock, $.001 par value, of the Registrant (the "Convertible Preferred Stock"). As a result of the exchange, IHT will become a wholly-owned subsidiary of the Registrant, and the IHT Stockholders will have voting control of the Registrant.

The Convertible Preferred Stock

Each share of Convertible Preferred Stock has the right to convert into 400 shares of common stock, $.001 par value, of the Registrant (the "Senticore Common Stock"), assuming that the authorized common stock of the Company is increased to permit such conversion, and the right to vote on an "as converted" basis with each share of Senticore Common Stock. As a result of the transaction, the IHT Stockholders will have voting control of the Registrant, amounting to approximately 97.7% of the total combined voting power of the Registrant.

Business of IHT

IHT's headquarters are located in San Antonio, Texas and it is engaged in the research and development of healthcare products and technologies. IHT had total assets of $8,097,515 (unaudited), and stockholders' equity of $7,710,883 (unaudited) as of April 30, 2006. IHT intends to file a Current Report on Form 8-K/A within no more than 71 calendar days disclosing its audited and pro forma combined financial statements, as required by Item 9.01 of Form 8-K.

The Completion of the Transactions

On June 3, 2006, the parties completed the transactions contemplated by the Agreement. Restricted certificates representing 20,000,000 shares of Convertible Preferred Stock were issued to the IHT Stockholders in an offering that was exempt from registration under Section 4(2) and Section 4(6) of the Securities Act of 1933, as amended, and other closing deliveries were made by the parties. An appropriate Form D will be filed by the Registrant in connection with such issuance with the Commission and certain state securities commissioners within 15 calendar days.

Reduction of Liabilities

In connection with the closing transactions, The Nutmeg Group, LLC, an Illinois limited liability company and shareholder of the Registrant, agreed to cancel two promissory notes made by the Registrant in its favor in the amounts of $300,000 and $314,000, against delivery of restricted stock certificates for shares of preferred stock in the amount of 1,071,426 shares and 1,121,636 shares, respectively, of Taj Systems, Inc., a portfolio company that trades on the Pink Sheets in which the Registrant owns approximately 7,000,000 shares of preferred stock, representing a 40% equity interest. The Nutmeg Group, LLC also agreed to execute and deliver a general release in favor of the Registrant for any and all claims which it may have against the Registrant.

In addition, in connection with the closing transactions, Jay Patel, former Chairman and CEO of the Registrant, and Carl Gessner, President of the Registrant, agreed to cancel and release any claims that they may have against the Registrant for back wages in the aggregate amount of $122,400.22, against delivery of restricted stock certificates for shares of preferred stock in the amount of 437,144 of Taj Systems, Inc.

As a result of the closing transactions, the current liabilities of the Registrant will have been reduced by $736,400 from $958,572 to $222,172.


- 2 -

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Management Changes

As of the closing date, Jay Patel resigned as Chairman and Chief Executive Officer of the Registrant, and Gilbert R. Kaats, Ph.D., was appointed a director, Chairman of the Board and Chief Executive Officer of the Registrant. He will serve together with Carl Gessner, who is currently President of the Registrant and a director, until additional nominees are appointed to the Board of Directors in compliance with Section 14(f) of the Securities Exchange Act of 1934, as amended. In connection with the filing of an Information Statement on Schedule 14F-1 and mailing of the same to the Registrant's shareholders, director biographies and other information about current and proposed management, management's ownership stake in the Registrant and information on executive compensation will be disclosed.

Business Plan Post Closing

As previously reported, the new management team of the Registrant plans to continue to operate the Registrant as a business development company regulated by, among other provisions, Section 55 to Section 65 of the Investment Company Act of 1940, as amended. The business plan includes portfolio acquisitions in the healthcare and related industries.

Common Stock issued upon Conversion; Outstanding Shares

In the opinion of counsel to the Registrant, the shares of Convertible Preferred Stock issued at closing constitute restricted securities, and the underlying shares of common stock into which they may be converted, assuming that the Registrant's authorized common stock is increased to permit conversion, also constitute restricted securities. Currently, there is no market for the Convertible Preferred Stock and it is not registered under Section 12 of the Exchange Act. However, the common stock into which the Convertible Preferred Stock is convertible is registered under Section 12 of the Exchange Act, and shares which are converted may become eligible for sale after a one year holding period pursuant to Rule 144, provided that all of the conditions of the rule are met. As a result of the acquisition, the Registrant will have 181,145,154 shares of common stock issued and outstanding, and 20,000,000 shares of Convertible Preferred Stock issued and outstanding.
 
Posted by rocked on :
 
do we see this gapping or what..i see a downtrend..
 
Posted by renrob05 on :
 
yaho some things were already released but there is alot of new info
 
Posted by rocked on :
 
up or down though..
 
Posted by Johnwayne on :
 
level 2 ask very thin until .03
 
Posted by rocked on :
 
gapper..holy ****
 
Posted by mdofmny on :
 
any calls on how high this will go today?
 
Posted by rocked on :
 
this sucks i bought in...
 
Posted by rocked on :
 
is this going to run anymore?
 
Posted by rocked on :
 
guess that's it..
 
Posted by money 76 on :
 
this is taking a break should run high

resistance at 0.0245
 
Posted by menslib on :
 
what does everybody think about the pps for the rest of day
 
Posted by J_U_ICE on :
 
Not sure but it seems to be waking up
 
Posted by money 76 on :
 
the bid and ask hasnt changed much since morning

whats happening
 
Posted by J_U_ICE on :
 
HOLY SH*T bottom fell out
 
Posted by money 76 on :
 
what happened last 30 mins

how come such a decline
 
Posted by yahosef_777 on :
 
I told you guys be careful.. this is a long term play....the chartsas of last night did not indicate a break out...I own this puppy and holding long
 
Posted by money 76 on :
 
YAHOSEF I KNOW U WARNED US IN THE MORNING

BUT THIS STOCK HAS POTENTIAL TO TOUCH 0.04 I THINK

THIS COMPANY IS DOING GOOD AND HAS VERY GOOD PROSPECTS.
ONE MORE PR SHOULD BE ON THE WAY ANYTIME IMO COZ I THINK THE COMPANY IS GENUINELY WORKING TOWARDS ITS GOALS
 


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