Rudy 45 Acquires Early Detect Marketing Wednesday May 24, 7:51 am ET Revenues to be Approximately $35-40 Million
SANTA MONICA, Calif., May 24, 2006 (PRIMEZONE) -- RUDY 45 (Other OTC:RDYF.PK - News) announces that it has entered into a new LOI effective April 30, 2006, to acquire EDI Marketing (EDIM), a wholly owned subsidiary of Early Detect Incorporated (EDI). EDIM will receive an assignment from EDI of all sales and marketing contracts with respect to EDI's integrated line of in-home self-testing healthcare diagnostic products. These contracts are estimated to result in revenues of $35-$40 million dollars. About EDI Marketing
Headquartered in Costa Mesa, California, Early Detect Incorporated employs 26 people in 4 different locations in Southern California, Phoenix, and Dallas. EDI Marketing distributes their products to some of the most nationally known companies in the U.S. They distribute nationally to CVS Corp (NYSE:CVS - News) and regionally to Costco Wholesale Corporation (NasdaqNM:COST - News). In addition, they also sell to major chains in Canada. EDI holds all patents on most of their products and either manufactures them directly or uses independent labs.
Rock whats the L2's for this?
Posted by rocktrader on :
1X20 on bid
ask: 2X25 1X28 1X30 1X35 1X$5
it is going to take out 30 today..and sky is the limit
Posted by joker669 on :
Need some buys and I could see this going big. With those L2's not a lot of resistance.
Posted by rocktrader on :
Yep..spread the messages..huge contract and it is at the botom of the chart...
Traders will be coming into this very soon
Posted by joker669 on :
We should start a thread stating its up and 52 wk high. That would draw some attention to it.
Posted by joker669 on :
Rock, any new L2's?
Posted by E-Z on :
What the heck!!! O/S of 59,974
But over 300k traded already today. Posted by rocktrader on :
bids at 20 are lined up...
3X20..2X23,1X25,1X28,1X30..
anyon know how to attach a pic?
Posted by joker669 on :
Do full reply form and choose image. Then post the URL for the picture.
Posted by dkinvest on :
I'm in at .20.....thanks PAIV - 530% gainer!!!!
Posted by rocktrader on :
i use alphatrade streamer...don't think they share this to public..
is there any local site where i can post the image?
Posted by joker669 on :
Nice PAIV was 530%? Didn't even see that!
Posted by dkinvest on :
.22 RSI 41.86
Posted by rocktrader on :
wow too many buys coming in at 23...
Posted by joker669 on :
Good should push this up!
Posted by Johnvh2811 on :
greetings players time for some action im buying 50mil shares right now get ready to sky rocket fasten sit belts please
Posted by dkinvest on :
quote:Originally posted by joker669: Nice PAIV was 530%? Didn't even see that!
No, that was my personal gain % from buy to sell Posted by joker669 on :
Good gain!!
Posted by dkinvest on :
Thanks joker...your alright man, I don't care what you say about DDSI, your alright. lol
Now lets make some money in this one.
Posted by joker669 on :
Thanks. lol Lot of 5000 blocks going through it looks like. L2's on Ameritrade not working for me so going by the free one on Allstocks so a few steps behind.
Posted by rocktrader on :
Joker don't worry...mutli day run written all over this..check out my other thread on IPRE...huge gains...
Same thing here..people will get it with tomorrow gapup..
we will close around 0.30 today
Posted by JOELGA on :
Well it looks like this is the highest volume that this stock has ever seen today
Posted by joker669 on :
Hoping for some more to move this. It has great potential and lik rock said should be a multi day mover.
Posted by joker669 on :
No buys coming in currently. Looks like we at a stand still until some investors catch on.
Posted by joker669 on :
Anyone using Ameritrade L2's?
Posted by PennyBulletin on :
quote:Originally posted by joker669: Anyone using Ameritrade L2's?
I use eTrade for free L2.
Posted by dkinvest on :
.25 sweet!
Posted by Stockman13 on :
.21 X .211
Posted by Stockman13 on :
Im thinking about getting in here for the gap up. What do you guys think? at .21
Posted by ohio_trader on :
just bought in twice in the last 3 minutes at.211, time to rock !!!
Posted by jordanm on :
I have bought for the gap up tomorrow. Mya ride it for some time. This looks good. 52 week high was 3.50 around Dec'05.
Posted by Stockman13 on :
bid is down to .20. How can this still gap?
Posted by rocktrader on :
MM's keeping it down and collecting the shares...
ask is still at 0.25....expecting another PR tomorrow on the deal...
Posted by Stockman13 on :
They are expecting another PR tomorrow or you are expecting a PR tomorrow? thanx for the help.
Posted by rocktrader on :
good block 15000 at 0.25....
Posted by jordanm on :
15000 buy * 0.25. EOD runner ?
Posted by rocktrader on :
huge block of 40000 went at 0.238..we need volume to move this..
Posted by Bahammabound on :
Last buy at 4:03 .238 X 40000 I think this will gap and run tomorrow
Posted by dkinvest on :
Holy chit - ask is at 5.00....I might have to take a free ride tommorow!
Posted by Bahammabound on :
5.00 Where are you seeing that? That would be nice
Posted by ohio_trader on :
now THATS a spread !!!!!
price .205 bid .15 ask 5.00
WOW, WOW, WOW ! ! !
Posted by Bahammabound on :
Hope that holds true !!!!!!
Posted by finalwish on :
With an awsome pr like this and such low float, it should've explode today..what's holding it back?
Posted by J_U_ICE on :
quote:Originally posted by ohio_trader: now THATS a spread !!!!!
price .205 bid .15 ask 5.00
WOW, WOW, WOW ! ! !
Hopefully this is a sign of this to come I said F*ck it and jumped in at .21 only partial fills though
Posted by ohio_trader on :
tommorrow will be interesting ............
Posted by joker669 on :
What is the actual float for this thing? It seems to be 60k. and over 500k traded yesterday.
Posted by PennyBulletin on :
quote:Originally posted by finalwish: With an awsome pr like this and such low float, it should've explode today..what's holding it back?
I asked myself the same question. It seems as of late good solid PRs haven't been moving stocks like they use to. Seriously undervalued here.
Posted by jordanm on :
50 million is the O/S as per my DD.
Posted by jordanm on :
Free float is 60k. GLTA
Posted by rocktrader on :
Nice trades so far..slowly picking up...going to be huge once traders knows about this..
Posted by rocktrader on :
only way is up...lets see the PR this is going to rocket.......
Posted by JOELGA on :
Im curious as to how many shares we have just on our board here. I only have 2100. Post your shares
Posted by dkinvest on :
5000
Posted by finalwish on :
I have 3300
Posted by djg7 on :
5000
Posted by JOELGA on :
15400
Posted by cassity on :
32k for me
Posted by rocktrader on :
OHOY...
it is moving..
Posted by JOELGA on :
Ok we have 47400 now. Rock how many shared are you holding?
Posted by rocktrader on :
Whole float? lol
Posted by finalwish on :
wow its moving, how does the L2's look?
Posted by Bahammabound on :
.25 x 2 .26 x 2
Posted by cassity on :
I was in CBAY at .16 and got out at .65. A slow move like this is great. No crazy ups and downs. I hope to see this have gain like this over the next several days.
Posted by J_U_ICE on :
on scottrade says O/S 16M. I have 10k
Posted by JOELGA on :
Indicate by check whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act 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. Yes x No [ ]
Indicate by check mark whether the Registrant is an accelerated filer (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No x
Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No x
The number of shares outstanding of the registrant’s common stock, par value $0.001 per share, as of March 13, 2006: 59,974 shares.
Posted by ohio_trader on :
why isn't this moving up more???
Posted by rocktrader on :
called and left a message for their PR dept...expecting their call...
you can call or mail them if you like...WE need more details about the news...
Nassau International Consultants, Inc. (516) 238-4936 nicirkm**********
Posted by Bahammabound on :
Rock any word about the PR ?
Posted by PennyBulletin on :
quote:Originally posted by ohio_trader: why isn't this moving up more???
I am holding out for a follow-up PR. If the PPS drops real low I may double down. With the 3 day weekend who knows what the OTC will do today.
Posted by ohio_trader on :
PR should be out this week...this stock will be at .50 again real soon....great buying opportunity to start of the month of June
****do your homework****
Ohio_Trader
Posted by JOELGA on :
Time for a nice and juicy PR to come out now.
Posted by dixieboy147 on :
Thinking about trying to get in
Posted by ohio_trader on :
wow ask is at $12.00
Posted by Time2drum on :
Initially looked good to me, but now not so sure. Below is from their 10 - Q in March. Also noticed they're playing musical chairs with the Officers. Be Careful. I'm going to sit on the sidelines for awhile and see where this is headed? GLTA
Liquidity
During the six months ended January 31, 2006, net cash decreased by approximately $27,000. Cash inflows of approximately $181,000 were from financing activities; proceeds from the sale of common stock and the issuance of notes payable. Cash outflows during this period was principally the result of cash used by continuing operations to fund the operating losses of approximately $260,000 (net of
depreciation and issuance of common stock for services), and $53,000 of accounts payable increases. Cash outflows from investing activities consisted of approximately $1,900 used to purchase property and equipment.
During the six months ended January 31, 2005, net cash increased by approximately $2,000. Cash inflows of approximately $15,000 were from proceeds from the sale of common stock. Cash outflows during this period were principally the result of cash used by continuing operations to fund the operating losses of approximately $13,000 (net of depreciation and issuance of common stock for services).
We have limited or no prior history as a BDC. Further, we will require substantial additional funding for continuing BDC administration, compliance requirements and the implementation of the business plan as a BDC. There can be no assurance that the Company will be able to obtain sufficient additional funds when needed, or that such funds, if available, will be obtainable on terms satisfactory to the Company. These conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result the Company be unable to continue as a going concern.
The Company intends to invest in companies that focus on providing marketing and promotional services. We will seek to leverage the combined talents of our experienced management team to invest in those companies and to enhance shareholder value.
A business development company is defined and regulated by the Investment Company Act of 1940 ("1940 Act"). A business development company must be organized in the United States for the purpose of investing in or lending to primarily private companies and making managerial assistance available to them. A business development company may use capital provided by public shareholders and from other sources to invest in long-term, private investments in businesses. A business development company provides shareholders the ability to retain the liquidity of a publicly traded stock, while sharing in the possible benefits, if any, of investing in primarily privately owned companies.
The Company is authorized to issue up to $5,000,000 in value of securities without registration of said securities under the Securities Act of 1933; in reliance on the exemption provided by Rule 602(a) of Regulation E under the 33 Act. Through January 31, 2006, the Company has raised approximately $602,000 proceeds against this limit.
Failure to secure additional financing or to raise additional equity capital may result in the Company depleting its available funds and not be able to pay its obligations. These circumstances, among others, raise substantial doubt about the Company's ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.
We currently anticipate that our cash requirements will be approximately $300,000 for the remainder of this fiscal year. There are no capital expenditures planned for the remainder of this fiscal year.
Posted by cassity on :
RDYF -- Rudy 45 Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Rudy 45 Begins Due Diligence on Natural Products Company
SANTA MONICA, CA, Jun 05, 2006 (MARKET WIRE via COMTEX) -- RUDY 45 (PINKSHEETS: RDYF), a business development company (BDC), today announced that the company has begun exploring a potential transaction with a publicly traded natural products company. In line with the company's vision of seeking acquisition candidates that offer a reasonable and likely return on investment, management has identified a natural products company that appears well positioned for growth. Initial discussions between the two companies expressed a positive interest on both sides, and management believes it is now prudent to begin formally conducting due diligence as an acquisition candidate. This process will ensure any proposed transaction is in the best interest of Rudy 45 shareholders, and should be completed no later than (45) calendar days.
Rudy 45 is aggressively seeking other opportunities for acquisitions or investments in small or emerging companies. The company will continue to keep shareholders updated in regards to their progress.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
For More Information Contact:
Nassau International Consultants, Inc. nicirkm********** (516) 238-4936
SOURCE: RUDY 45
CONTACT: mailto:nicirkm
Posted by J_U_ICE on :
at 52 week low .065 could be a mover
Posted by J_U_ICE on :
![[Confused]](confused.gif)
![[Smile]](smile.gif)