This is topic SMMW...20% BUYBACK in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/023709.html

Posted by Bigrod40 on :
 
[Big Grin] Figure its time to start a new thread with the news released this morning. Possible run on the horizon with this. Especially if the rumour of 65% to 70% insider holdings are true.

Here is todays PR. [Wink] [Wink]

Summus Works Announces Special Board Meeting to Discuss Buyback of 20% of Issued and Outstanding Common Stock
8/7/2006

DENVER, CO, Aug 07, 2006 (MARKET WIRE via COMTEX News Network) --
Summus Works, Inc. (PINKSHEETS: SMMW) announced the Board of Directors will convene a special meeting to discuss a VVV proposal to buy back 20% of the Company's issued and outstanding common stock.

Management reemphasized its unwavering commitment to its VVV initiative to enhance shareholder value and affect the increase in the price per share necessary to facilitate pending and future mergers and acquisitions.

"While we are encouraged by marked progress on all business fronts and the Company's ever-increasing visibility, it remains our firm belief that SMMW's current share price doesn't adequately reflect the value and long term prospects of the company's businesses," said Summus Works President Dan Burgess.
 
Posted by Hotrod hillbilly on :
 
weeeeeeeeee
 
Posted by Hotrod hillbilly on :
 
this stock will make many of us alot of money in the short term. and many of us longs are happy to see the train pullin into the station. all aboard!!!!!!!
 
Posted by Chartwalker on :
 
Me like-e!!!!! [Smile]
 
Posted by Hotrod hillbilly on :
 
20% is me big number. him news make me happy.me needem jane to tellem what it means for me
 
Posted by Bigrod40 on :
 
[Cool] Peopls cancelling sell orders on the other sites.

Midday PR on Revenues would really put a nail in some shorters coffin [Razz] [Razz]
 
Posted by Bigrod40 on :
 
quote:
Originally posted by Bigrod40:
[Cool] People cancelling sell orders on the other sites.

Midday PR on Revenues would really put a nail in some shorters coffin [Razz] [Razz]


 
Posted by banah18 on :
 
GREAT NEWS!
 
Posted by android_xxx on :
 
hope to see nice move after great news
 
Posted by prrm-facts on :
 
quote:
Originally posted by Bigrod40:
[QB] [Big Grin] Figure its time to start a new thread /QB]

Of course. all the real and factual info on Summus is on the previous threads. I can see why you would want to hide it.
 
Posted by Bigrod40 on :
 
quote:
Originally posted by prrm-facts:
quote:
Originally posted by Bigrod40:
[QB] [Big Grin] Figure its time to start a new thread /QB]

Of course. all the real and factual info on Summus is on the previous threads. I can see why you would want to hide it.
[Razz] Sounds like PRRM-Facts sold at .0001 to get his money back, and now knows he will be missing the boat.
 
Posted by Schwabie on :
 
hmm, sounds good. riding 2 million free shares...
 
Posted by Beckstercj on :
 
prrm-facts is nothing but a basher!
 
Posted by Joel T on :
 
This really could be a turning point. It has been a piece of crap for awhile now, but it's definately being doing better lately.That's why so many people dogs this stock. I gonna keep it on my radar.
 
Posted by fishfarmer on :
 
ETRD is all over this som-b [Big Grin]
 
Posted by Pincher47 on :
 
Bought this stock back when it was PRRM, don’t ask me why but I did. Is this stock going to go or is another triangle multimedia?
 
Posted by RockLobster on :
 
Summus Works, Inc. Announces Launch of Jackson Hole, WY TV Station
Tuesday August 8, 8:48 am ET


DENVER, CO--(MARKET WIRE)--Aug 8, 2006 -- Summus Works, Inc. (Other OTC:SMMW.PK - News) announced the Company's broadcast media division will launch its newest cable broadcast affiliate station Jackson Hole TV-66 in late September, 2006 under an agreement with cable provider Bresnan Communications.
ADVERTISEMENT


Management also noted that division-wide systems integration including recently announced technology and network developments have positioned the broadcast media wing for strategic and explosive growth throughout other destination locations targeted by the Company through ongoing market analysis.

Jackson Hole has long been a high profile travel destination; legendary for its skiing, Jackson Hole Resort boasts the most vertical rise in the lower 48 states (4,139 feet), but with no income tax, the real estate market of Wyoming's Teton County -- and most notably Jackson Hole -- has experienced a huge surge since the nineties. Picked the "best state to establish residency" for seven years by Bloomberg's Wealth Manager, Teton County has ranked first or second among the nation's 3,140 counties in adjusted household income since 1999, according to the Internal Revenue Service. The county also ranks #1 in the U.S. regarding indicators of the dependence of the economy on construction. In 2004, real estate transactions topped a record $900 million compared to $700 million in 2000.

Summus Works, Inc. (Other OTC:SMMW.PK - News) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
 
Posted by fishfarmer on :
 
The plot thickens hhmmmm. [Big Grin]
 
Posted by CTMum on :
 
Has anyone tried to sell it at .0002? If so how long did it take? I have a very small amount that I am in long for, but I am always curious when I see a stock linger like this are people really able to sell it.
 
Posted by ClayN on :
 
I am sure you mean more recent but I was able to sell at .0002 on 7/25 in a matter of hours.
 
Posted by Beckstercj on :
 
Why do you all think this thing is standing still today?
 
Posted by Absolut_Swing on :
 
I like the sound of this buyback. I'm going to see if I can buy 10 million tomorrow at .0001
 
Posted by chevon2020 on :
 
I still would think that, even with the 20% buyback, the float will be too large. It will still be about 48 billion shares. Someone correct me if I'm wrong. So I doubt it will move the price that much.
 
Posted by CashCowMoo on :
 
what good is retiring shares if you do not decrease A/S???? who is to say they wont re-issue the shares once they buy them back
 
Posted by prrm-facts on :
 
Do you guy's know this? Did Dan run a false P/R on the new TA?
I case you need to be caught up, Signature was the supposed old TA.
BTW, they always provided the TA numbers, now they won't.

Posted by: ######
In reply to: None Date:8/8/2006 1:55:01 PM
Post #of 22273

Something fishy going on with T/A. Signature tells ### they know nothing about change.


Posted by: ####### In reply to: ##### who wrote msg# 22119 Date:8/8/2006 3:04:17 PM
Post #of 22269

Well #####,
I just got off the phone with Signiture. I asked what procedures do I need to go thru to get the T/A numbers e-mailed to me and they said they are not at liberty to give out that information, and if I want it I must call and get it from the company. "quote unquote"
 
Posted by Absolut_Swing on :
 
C'mon baby, fly! Fly like the WIND!
 
Posted by J_U_ICE on :
 
Summus Works, Inc. (SMMW) SqueezeTrigger Price Is $0.00016; Approximately 4.1 Billion Shares Shorted Since January 2005 According to ********** Research Report
Thursday August 10, 9:13 am ET


DENVER, CO--(MARKET WIRE)--Aug 10, 2006 -- www.********** is reiterating coverage of Summus Works, Inc. (Other OTC:SMMW.PK - News) after releasing the latest short sale data to August 2006. From January 2005 to August 2006 approximately 53.9 billion total aggregate shares of SMMW have traded for a total dollar value of nearly $8.6 million. The total aggregate number of shares shorted in this time period is approximately 4.1 billion shares. According to July 10th Total Short Interest, there are 49.82 million shares that have been shorted, but not yet covered. Because brokerage firms are only required to disclose what they are short on one day of the month, the average amount of Total Short Volume in stocks is approximately 20 times (20 trading days vs. 1 trading day) the disclosed Total Short Interest figure. In some cases, ********** has seen Total Short Volume higher by as much as 100 times the disclosed increase in Total Short Interest for that given month. The SMMW SqueezeTrigger price of $0.00016 is the volume weighted average short price of all short selling in SMMW. A short squeeze began when shares of SMMW closed above $0.00016.
Month Total Vol. Short Vol. Avg. Price Short $ Value

May 8,349,482,276 642,910,135 $0.00014 $90,007
June 14,705,165,422 1,132,297,737 $0.00014 $158,522
July 7,703,771,604 593,190,414 $0.00016 $94,064
August 1,720,459,400 132,475,374 $0.00020 $26,495

Total: 53,862,560,558 4,147,417,163 $0.00016 $661,639

* short volume is approximated using a proprietary algorithm.
** average short price is calculated using a volume weighted average short
price.
*** short volume is the total short trade volume and does not account for
covers.
About Summus Works, Inc.

Summus Works, Inc. (Other OTC:SMMW.PK - News) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

About **********

WWW.********** is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. All material herein was prepared by **********, based upon information believed to be reliable. The information contained herein is not guaranteed by ********** to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Summus Works, Inc. has paid $2,985.00 to purchase data for information provided in this report.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.


Contact:
Contact:
Investor Relations Contact:
SmallCapVoice.com
Stuart T. Smith
512-267-2430
Email Contact

Company Contact:
Summus Works, Inc.
Dan Burgess
888-607-9495
Email Contact
 
Posted by Vagabond on :
 
[Eek!]

[Cool] Vagabond
 
Posted by banah18 on :
 
WHATS HAPPPENING
 
Posted by bksundar on :
 
Going the QBID way or what ..... Hope not...
 
Posted by fishfarmer on :
 
That may be the biggest trade I've ever seen. 239 million shares. WOW
 
Posted by vinnie1 on :
 
SOMETHING GOING ON BOUGHT ME SOME.
 
Posted by vinnie1 on :
 
3 billion shares
 
Posted by RockLobster on :
 
In case anyone is wondering, the drop was in relation to the recen interview with SCV.


http://www.smallcapvoice.com/smmw/q-a-2.html
 
Posted by Schwabie on :
 
Is the rumor true that the OS is now at 72 billion ? Yes, approximately.
 
Posted by Vagabond on :
 
Very interesting that a company that claims it wants to reduce the O/S goes the other way with it. I follow a rule that you are what you do, not what you say! Transparency would dictate that you are upfront with that information.

[Cool] Vagabond
 
Posted by Absolut_Swing on :
 
So they just increased the float to 72 BILLION?

What in the hell is the point??? Is this even a real company?
 
Posted by Absolut_Swing on :
 
I am thinking about taking my $120 back ...... Well, it's $60 now LOL?
 
Posted by bksundar on :
 
So it is going the QBID way !!!
 
Posted by Schwabie on :
 
Hey those 2 million free shares I got can rot in my account I dont care I bought 10 million at .0001 and sold 8 million at .0002 . Made $600 profit + 2 million shares... ALWAYS TAKE PROFIT OFF THE TABLE AND RIDE FREE !

[ August 10, 2006, 14:56: Message edited by: Schwabie ]
 
Posted by Schwabie on :
 
Best Bid: - (0 shares)
Best Ask: 0.0001 (10000 shares)
MMID Bid Price Shares Date/Time
-
MMID Ask Price Shares Date/Time
UBSS 0.0001 5000 13:36
ETRD 0.0001 5000 13:38

No MM's on bid... LOL
 
Posted by ACKCANE on :
 
gee . . . and people tried to warn you, but they were just labled as bashers. LOL
 
Posted by prrm-facts on :
 
Hello there ackcane.
Makes you wonder.
Well, maybe not.
I strongly feel all the restricted are gone now. Reverse merger coming up.
 
Posted by Absolut_Swing on :
 
This thing will take off in November or December when ski season starts. This is a cyclical stock!!!!!!!!!!!!!!!!!!!!!!!!!!!

loL?
 
Posted by beechwood on :
 
A reverse merger would send this into the
stratosphere if they can find a good shell.
Simular shells that took off were the
Elvis Presly deal (can't re; ticker).
Ted Turner did the same thing along with
Tony Robbins (the motivational speaker guy).
If they can find a shell w/o a lot of baggage
it could be the deal of the decade.
 
Posted by fishfarmer on :
 
That may be the biggest trade I've ever seen. 239 million shares. WOW
 
Posted by prrm-facts on :
 
Beechwood,
This was a shell when Dan bought it. Paid Astrom millions for it with about only 20+ billion A/S at the time.
What is current A/S?

Nope, reverse merger with share restructure.
Oh IMO of course
 
Posted by prrm-facts on :
 
In case you missed it, here is the latest SmallCap Voice interview. It was not audio, just in print:

Q: Is the rumor true that the OS is now at 72 billion?
A: Yes, approximately. Stock was issued relevant to pending acquisitions, thus the temporary increase in I/O. Our goal still remains to reduce the I/O to below 60,000,000,000 after completing all outstanding M&A's.

comment: If you have to sell shares for acquisitions, how do you have money to discuss the buy back of shares?

Q: What is your excuse for the continued delay in the audit?
A: Dan's consistent travel over the past month has unfortunately not coincided with that of the auditors. It will be completed and a summary released.

comment: From what I read, Dan didn't even have time to answer these questions. Who did? Too busy?

Q: Why was it necessary to gag the TA at a time when you stated you wanted SMMW to be transparent?
A: At the present, we are working with two transfer agents to address share structure and abusive short selling. Until these efforts are coordinated, we wish to avoid confusion and would simply invite shareholders to place inquiries regarding share structure to Stuart.

comment: They didn't want you to be able to see them selling the rest of the restricted shares.

Q: When the bid hit .0002, why didn't the ********** short covering strategy kick in?
A: We have been advised that the short squeeze began, that it will continue, and also increase relevant to a rise in PPS.

Comment: Hold on it's coming

Q: Exactly how much profit is there in, say, a typical SMMW TV station these days?
A: The potential for any given station is correlative to the market which it serves. Indicators including real estate values and activity, cable subscriber base (population), the number of businesses, as well as the frequency (and seasonality) of visitors to the market all determine the value of available advertising inventory, sponsorship opportunities, product placement potential, etc., of any given station. For example, a station in a smaller market may have an ad inventory of $1.6 million, where a larger market may exceed $ 8 million. Our strategy to ensure a greater sell through of available inventory has - and continues - to focus on the growth of a larger network appealing to regional and national advertisers in high traffic destination locations supported by what we call satellite affiliates. Our focus thus far has been on building this foundation; with modular systems integration in place with network and technology partners, we are positioned to expand our network rapidly and begin focusing on marketing and sales initiatives with an immediate target of 60% sell through.

comment: No definitive answer. They don't know how much they make? Total sidestep answer.

Q: OTCBB is reporting a short interest of 49,820,000 for SMMW in July. With such a small short interest, exactly what will Jack Donnelly have to work with to cause a short cover run on SMMW? Based on average volume, this short interest would be gobbled up in ten minutes on any given day.
A: We have been advised that this figure actually only represents a small level of activity. We have and will continue to aggressively address this matter and shareholders can anticipate one or more releases explaining ongoing initiatives.

comment: they thought that the P/R's alone would have moved the pps.

Q: Can you tell us why there have been no updates on the progress of the first Summus Center?
A: Negotiations are underway for the first Summus Center in Colorado and we will PR definitive agreements.

comments: A mute question. They already stated they had to raise the outstanding for acquisitions.

Q: Since 5/10/06 there have been 107 PR's published by SMMW. Between Jan and May of 2006 there were an additional 50+ PR's. Question: How many more PR's do you think it'll take to move this stock to maintain a higher trading level?
A: We PR all relevant activity in line with our VVV Awareness Policy, and we hope that shareholders appreciate these communications.

comment: We tried our best to pump with P/R's and will continue to do so.

All comments are just my interpretation and opinions of the questions and answers that were given. Make you own judgement.
Anyway, what do I know.
 
Posted by Beckstercj on :
 
Dude, it's a penny stock, RELAX!
 
Posted by Schwabie on :
 
Press Release Source: Summus Works, Inc.


Summus Works, Inc. Signs LOI to Establish Big Sky, Montana TV Station
Monday August 14, 9:20 am ET


BIG SKY, MT--(MARKET WIRE)--Aug 14, 2006 -- Summus Works, Inc. (Other OTC:SMMW.PK - News) announced the Company has signed a letter of intent with KLIP, LLC to establish a cable broadcast affiliate station in Big Sky, Montana. The area is home to Big Sky Resort, Moonlight Basin Resort and the Yellowstone Club. Its proximity to Yellowstone National Park and its abundance of recreational opportunities has long made Big Sky the premier destination location in Montana. Out of sixteen ski areas in the state, the Big Sky area resorts account for half of Montana's annual skier visits.
Big Sky and Moonlight Basin resorts joined access to both areas last year, and their 5,300 skiable acres comprise the most combined resort accessed terrain in the nation. By 2009 planned expansion will see the Big Sky area surpassing Whistler Blackomb for the most resort terrain in North America.

The Company will receive its channel designation upon the execution of definitive agreements this week.

For more information on Big Sky, Montana, visit www.bigskychamber.com and http://www.mt.gov.

Summus Works, Inc. (Other OTC:SMMW.PK - News) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.


Contact:
Investor Relations Contact:
SmallCapVoice.com
Stuart T. Smith
512-267-2430
Email Contact

Company Contact:
Summus Works, Inc.
Dan Burgess
888-607-9495
Email Contact



--------------------------------------------------------------------------------
Source: Summus Works, Inc.
 
Posted by atleast on :
 
Summus Works, Inc. Announces Extension of Contract With SmallCapVoice.com
Monday August 14, 2:44 pm ET


DENVER, CO--(MARKET WIRE)--Aug 14, 2006 -- Summus Works, Inc. (Other OTC:SMMW.PK - News) announced that the Company has engaged SmallCapVoice.com for an additional six months as the company's investor relations and corporate communications specialists.
The Company initially engaged SmallCapVoice.com as part of its VVV Awareness Policy. Stuart Smith of SmallCapVoice.com will continue to coordinate investor relations on behalf of the Company, and shareholders are encouraged to direct their inquiries to info*smallcapvoice.com.

"Stuart and the SmallCapVoice.com team continue to be an invaluable asset to the Company in lieu of the tremendous volume of shareholder communications we receive on a daily basis. We are pleased to extend our contract with SmallCapVoice.com," said Summus Works President Dan Burgess.

Summus Works, Inc. (Other OTC:SMMW.PK - News) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.


Contact:
Company Contact:
Summus Works, Inc.
Dan Burgess
888-607-9495
Email Contact
http://www.summusworks.com

Investor Relations:
Stuart T. Smith
512-267-2430
Email Contact

http://www.smallcapvoice.com



--------------------------------------------------------------------------------
Source: Summus Works, Inc.
 
Posted by banah18 on :
 
Summus Works, Inc. Confirms No Reverse Split


DENVER, CO -- (MARKET WIRE) -- 08/15/06 -- Summus Works, Inc. (PINKSHEETS: SMMW) confirmed in a statement today reiterating that a reverse split is not in management's plan.

"We have stated before and are reiterating that a reverse split is not in our plan," said Summus Works President and CEO Dan Burgess.

Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit http://www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Investor Relations Contact: SmallCapVoice.com Stuart T. Smith 512-267-2430 Email Contact

Company Contact: Summus Works, Inc. Dan Burgess 888-607-9495 Email Contact
 
Posted by VoodooNola on :
 
quote:
Originally posted by banah18:
Summus Works, Inc. Confirms No Reverse Split


DENVER, CO -- (MARKET WIRE) -- 08/15/06 -- Summus Works, Inc. (PINKSHEETS: SMMW) confirmed in a statement today reiterating that a reverse split is not in management's plan.

"We have stated before and are reiterating that a reverse split is not in our plan," said Summus Works President and CEO Dan Burgess.

Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit http://www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Investor Relations Contact: SmallCapVoice.com Stuart T. Smith 512-267-2430 Email Contact

Company Contact: Summus Works, Inc. Dan Burgess 888-607-9495 Email Contact

No r/s...thats a start [Wink]
 
Posted by Schwabie on :
 
I made a total of $800 with this stock as I sold my last 2 Million shares... at 72 Billion +/ - shares.. I wont be back in for some time...
 
Posted by tyleemary on :
 
They said no r/s 2 years ago. Just old news. Probably had a bunch of people calling about
 
Posted by J_U_ICE on :
 
SMMW (.0001) DENVER, CO -- (MARKET WIRE) -- 08/16/06 -- Summus Works, Inc. (PINKSHEETS: SMMW) and
********** announced the following updated coverage of SMMW trade
statistics by ********** after releasing the latest short sale data to
August 2006. Previous releases under-reported the total trade volume and
approximate total short volume due to statistical deficiencies involving
massive amounts of SMMW trade data. From January 2005 to August 2006
approximately 121.46 billion total aggregate shares of SMMW have traded for
a total dollar value of nearly $17.55 million. The total aggregate number
of shares shorted in this time period is approximately 9.35 billion shares.


Because brokerage firms are only required to disclose what they are short
on one day of the month, the average amount of Total Short Volume in stocks
is approximately 20 times (20 trading days vs. 1 trading day) the disclosed
Total Short Interest figure. In some cases, ********** has seen Total
Short Volume higher by as much as 100 times the disclosed increase in Total
Short Interest for that given month.


"We are using this latest data compiled by ********** to shape our
proactive program to curtail any abusive short selling practices affecting
the Company's stock," said Summus Works President Dan Burgess, noting that
the Company will continue to rely on ********** to provide its monthly
determination of the Company's "SqueezeTrigger" price per share.


Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with
interests in outdoor sports, retail, e-tail, print, web, television and
film. For more information on the company or its outdoor sports and media
subsidiaries, visit www.summusworks.com.


This release includes forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties including, but not limited to, the
impact of competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or human
resources, the effect of economic and business conditions, and the ability
to attract and retain skilled personnel. The Company is not obligated to
revise or update any forward-looking statements in order to reflect events
or circumstances that may arise after the date of this release.


Investor Relations Contact:
SmallCapVoice.com
Stuart T. Smith
512-267-2430
Email Contact

Company Contact:
Summus Works, Inc.
Dan Burgess
888-607-9495
Email Contact
 
Posted by ACKCANE on :
 
What's the O/S again? Ohhhh, that's right!
 
Posted by Bigrod40 on :
 
[Eek!] 9.35 Billion Shorted!
Boy when they decide to let this run I think we can get a sniff of .001 real EASY!
 
Posted by BuckyBarnes on :
 
Almost 1/2 billion shares traded today....is anyone hearing anything?
 
Posted by Schwabie on :
 
72 billion +/- float...
 
Posted by BuckyBarnes on :
 
Then guess I won't get too excited for the time being.
 
Posted by Schwabie on :
 
Remember that they traded 13 billion+ one day 5 billion the next.. max it did was .0003 but very few trades went at .0003 so max you could have sold was at .0002. Remember also that shares are up around 72 BILLION... it will take ALOT to move this stock... there was a point in the past feww weeks or maybe last week that you couldn't even sell at .0001 . ALWAYS do your own DD ! Be careful !
 
Posted by Schwabie on :
 
quote:
Originally posted by Schwabie:
Best Bid: - (0 shares)
Best Ask: 0.0001 (10000 shares)
MMID Bid Price Shares Date/Time
-
MMID Ask Price Shares Date/Time
UBSS 0.0001 5000 13:36
ETRD 0.0001 5000 13:38

No MM's on bid... LOL

Here it is... this was when the O/S was revealed...
 
Posted by Absolut_Swing on :
 
quote:
Originally posted by Schwabie:
quote:
Originally posted by Schwabie:
Best Bid: - (0 shares)
Best Ask: 0.0001 (10000 shares)
MMID Bid Price Shares Date/Time
-
MMID Ask Price Shares Date/Time
UBSS 0.0001 5000 13:36
ETRD 0.0001 5000 13:38

No MM's on bid... LOL

Here it is... this was when the O/S was revealed...
I've been trying to sell at .0001 for 3 days now. Measly 600,000 share lotto ticket.

Had I known that people had been able to buy at bid and sell at ask previously I would have tried it.

C'est la vie.
 
Posted by BuckyBarnes on :
 
T.Y. for the reality check....and do what you need to to get your stars back... [Wink]

quote:
Originally posted by Schwabie:
Remember that they traded 13 billion+ one day 5 billion the next.. max it did was .0003 but very few trades went at .0003 so max you could have sold was at .0002. Remember also that shares are up around 72 BILLION... it will take ALOT to move this stock... there was a point in the past feww weeks or maybe last week that you couldn't even sell at .0001 . ALWAYS do your own DD ! Be careful !


 
Posted by midwestTEK on :
 
This stock is a bunch of lil kids playing with PRRM's kids. LMFAO!
Guys get real!
your money will be slushing its way down the mountain!

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!
 
Posted by beechwood on :
 
Somebody asked if tv stations can turn a profit.
This outfit does have significant revenue and
targets a niche tv ad market.
Specifically, with stations in affluent upscale
vacation towns (i.e.; Jackson Hole, Big Sky,
Stowe, Aspen, etc).
These are high priced upscale resort areas with a lot of rich people, celebreties, etc.
So when their ads hit the air, yeah, they'll
be raking in the $$$$$ .
 
Posted by imapoorcollegestudent on :
 
Summus Works, Inc. Executes Agreement to Establish Big Sky, MontanaTV Station

Aug 30, 2006 13:09:33 (ET)


DENVER, CO, Aug 30, 2006 (MARKET WIRE via COMTEX) -- Summus Works, Inc. (PINKSHEETS: SMMW) announced the Company has executed definitive agreements with KLIP, LLC to establish Big Sky TV-97, a cable broadcast affiliate station in Big Sky, Montana. The area is home to Big Sky Resort, Moonlight Basin Resort and the Yellowstone Club. Its proximity to Yellowstone National Park and its abundance of recreational opportunities has long made Big Sky the premier destination location in Montana. Out of sixteen ski areas in the state, the Big Sky area resorts account for half of Montana's annual skier visits.

Big Sky and Moonlight Basin resorts joined access to both areas last year, and their 5,300 skiable acres comprise the most combined resort accessed terrain in the nation. By 2009 planned expansion will see the Big Sky area surpassing Whistler Blackomb for the most resort terrain in North America.

For more information on Big Sky, Montana, visit www.bigskychamber.com and http://www.mt.gov .

Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com .

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.


Company Contact:
Summus Works, Inc.
Dan Burgess
888-607-9495
Contact via
http://www.marketwire.com/mw/emailprcntct?id=AD6A2333569BFEEE


www.summusworks.com

Investor Relations:
Stuart T. Smith
512-267-2430
 
Posted by rkitch on :
 
I see some names on this thread that I like so I am adding this for your sake. I as well as many others, got burnt with VMDG. Mark Anstrom is involved in SMMW. If you go back and read the VMDG thread. No R/S, etc and then look at the Pr's on SMMW, you will see what I am talking about. Mark pumps, automatically disappears. Someone else steps in, presto, R/S. Check Mark Anstroms company histories This has been going on over and over again for years. Anstrom has left a trail a mile long with these companies.
 
Posted by rkitch on :
 
Check Mark/Richard/Pamela/Carmen, Astrom. See what you come up with. Just for your information.
 
Posted by tyleemary on :
 
This thing needs a R/S.
 
Posted by Schwabie on :
 
quote:
Originally posted by rkitch:
I see some names on this thread that I like so I am adding this for your sake. I as well as many others, got burnt with VMDG. Mark Anstrom is involved in SMMW. If you go back and read the VMDG thread. No R/S, etc and then look at the Pr's on SMMW, you will see what I am talking about. Mark pumps, automatically disappears. Someone else steps in, presto, R/S. Check Mark Anstroms company histories This has been going on over and over again for years. Anstrom has left a trail a mile long with these companies.

I have warned many times. No one listens.

Its a flip to see which is going to be the first scam revealed... this one or JMCP...

Factual information:

O/S = 7 2 B I L L I O N S H A R E S

This is something they didn't want you to know.

They will increase it as they see fit.
 
Posted by Bigrod40 on :
 
Slowly but surely....

Summus Works: Company Executes Agreement to Establish Big Sky, Montana TV Station

Denver, CO., Sep 01, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Summus Works, Inc. (OTC.PK: SMMW) announced the Company has executed definitive agreements with KLIP, LLC to establish Big Sky TV-97, a cable broadcast affiliate station in Big Sky, Montana.

"We are very excited to add Big Sky TV-97 to our channel lineup", stated Joe Sheehan, Chief Executive Officer of KLiP Interactive. "We know that our subscribers in Big Sky will be pleased with our decision to add TV-97."

The area is home to Big Sky Resort, Moonlight Basin Resort and the Yellowstone Club. Its proximity to Yellowstone National Park and its abundance of recreational opportunities has long made Big Sky the premier destination location in Montana. Out of sixteen ski areas in the state, the Big Sky area resorts account for half of Montana's annual skier visits.

Big Sky and Moonlight Basin resorts joined access to both areas last year, and their 5,300 skiable acres comprise the most combined resort accessed terrain in the nation. By 2009 planned expansion will see the Big Sky area surpassing Whistler Blackomb for the most resort terrain in North America.

For more information on Big Sky, Montana, visit www.bigskychamber.com and http://www.mt.gov..

Summus Works, Inc. (OTC.PK: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

KLiP Interactive, headquartered in Conyers, Georgia, provides interactive communications and entertainment services to residential and business customers in Georgia, Florida, South Carolina, Wyoming and Montana. For more information on the company, please visit www.klip.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
 
Posted by Repoman75 on :
 
Bigrod had too much CMKX kool aid.
 
Posted by Schwabie on :
 
quote:
Originally posted by Repoman75:
Bigrod had too much CMKX kool aid.

LMAO
 
Posted by kenzone on :
 
DENVER, CO, Sep 20, 2006 (MARKET WIRE via COMTEX) -- Summus Works, Inc. (PINKSHEETS: SMMW) announced it has executed a corporate imaging and marketing contract with Atlantis Holding Corp. (PINKSHEETS: AHDG). Under the agreement, Summus Works will design and implement a corporate branding, marketing and advertising initiative for Atlantis Holding Corp. and its subsidiaries.

Atlantis Holding Corp. will compensate Summus Works, Inc. in part with one million shares of AHDG common stock. Summus Works' management announced it will convene a meeting of its Board of Directors and legal counsel to discuss the logistics and effects of the subsequent issuance of its AHDG shares to Summus Works shareholders (by way of a dividend) in accordance with the Company's anti-abusive short selling initiative.

"We are especially pleased with the breadth and term of this contract with Atlantis Holdings," said Summus Works President Dan Burgess. "We are confident that our production services and advertising venues will perform well for Atlantis' marketing objectives and overall strategy for corporate identity," he concluded, referencing similar contracts executed by Summus Works subsidiaries for branding initiatives of subsidiaries of other public entities including Stowe Mountain Resort, an American International Group subsidiary and AAG/Sikorsky, a United Technologies Corporation subsidiary.

Atlantis Holding Corp is a Tustin, California-based holding company with subsidiaries in two primary divisions including an Environmental and Engineering Services Division and its Automotive Division. For more information on Atlantis Holding Corp. visit www.atlantisholdingcorp.com.

Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
 
Posted by Schwabie on :
 
NICE TO SEE THIS 72 B I L L I O N + O/S STOCK IS STILL ALIVE !

LMAO

[Eek!]
 
Posted by ACKCANE on :
 
but the shareholders are going to get a dividend from 1 million shares of some other crappy stock. I think I'll quite my day job today!!!
 
Posted by Schwabie on :
 
quote:
Originally posted by ACKCANE:
but the shareholders are going to get a dividend from 1 million shares of some other crappy stock. I think I'll quite my day job today!!!

NICE SARCASM ACKCANE !

LET ME PUT THIS IN TERMS PEOPLE UNDERSTAND.

IF YOU GET IN THIS STOCK AT .0001 FOR THE DIVI CHANCES ARE THAT YOU WILL NOT BE ABLE TO GET BACK OUT AT .0001 AS THERE MANY & I DO MEAN MANY PEOPLE TRYING TO GET OUT OF THIS POS AT .0001 FOR MONTHS

THIS IS CLOSE TO A 80 BILLION O/S STOCK !!!

NEED I SAY MORE ?

THE ONLY WAY I WOULD ACTUALLY GET IN THIS AGAIN TO MAKE MONEY IS IF THIS IS PUMPED HARD AND THE VOLUME INCREASES TO BILLIONS OF SHARES DAILY.

[Eek!]
 
Posted by imapoorcollegestudent on :
 
quote:
Originally posted by Schwabie:
quote:
Originally posted by ACKCANE:
but the shareholders are going to get a dividend from 1 million shares of some other crappy stock. I think I'll quite my day job today!!!

NICE SARCASM ACKCANE !

LET ME PUT THIS IN TERMS PEOPLE UNDERSTAND.

IF YOU GET IN THIS STOCK AT .0001 FOR THE DIVI CHANCES ARE THAT YOU WILL NOT BE ABLE TO GET BACK OUT AT .0001 AS THERE MANY & I DO MEAN MANY PEOPLE TRYING TO GET OUT OF THIS POS AT .0001 FOR MONTHS

THIS IS CLOSE TO A 80 BILLION O/S STOCK !!!

NEED I SAY MORE ?

THE ONLY WAY I WOULD ACTUALLY GET IN THIS AGAIN TO MAKE MONEY IS IF THIS IS PUMPED HARD AND THE VOLUME INCREASES TO BILLIONS OF SHARES DAILY.

[Eek!]

Excatly Schwab!
I've had my GTC order in at .0001 for quite sometime now. GRRRRRRRRRRRRRRRRRRRR
 
Posted by realtor548 on :
 
I agree !

I bought at .0002 few months ago and I want to sell at .0001 - NEVER GET OUT.

It looks like QBID, PHBT - CAN'T GET OUT at .0001
 
Posted by Schwabie on :
 
I AM THE STOCK POLICE !

I AM HERE TO PROTECT AND SERVE !

LMAO

[Eek!]
 
Posted by fishfarmer on :
 
And you'r doin a fine job sailor! [Smile]
 
Posted by kenzone on :
 
quote:
Originally posted by Schwabie:
quote:
Originally posted by ACKCANE:
but the shareholders are going to get a dividend from 1 million shares of some other crappy stock. I think I'll quite my day job today!!!

NICE SARCASM ACKCANE !

LET ME PUT THIS IN TERMS PEOPLE UNDERSTAND.

IF YOU GET IN THIS STOCK AT .0001 FOR THE DIVI CHANCES ARE THAT YOU WILL NOT BE ABLE TO GET BACK OUT AT .0001 AS THERE MANY & I DO MEAN MANY PEOPLE TRYING TO GET OUT OF THIS POS AT .0001 FOR MONTHS

THIS IS CLOSE TO A 80 BILLION O/S STOCK !!!

NEED I SAY MORE ?

THE ONLY WAY I WOULD ACTUALLY GET IN THIS AGAIN TO MAKE MONEY IS IF THIS IS PUMPED HARD AND THE VOLUME INCREASES TO BILLIONS OF SHARES DAILY.

[Eek!]

I won't disagree with you Schwabie...but they are close to 1 billion traded today!! [Eek!]
 
Posted by Schwabie on :
 
I AGREE THERE WAS VOLUME KENZONE...

BUT WOULD YOU REALLY WANT TO SPEND $100 + COMMISSSION TO GET A WORTHLESS DIVI ?

I THINK NOT.

THERE IS ALWAYS THE POSIBILITY YOU CAN'T GET OUT AT .0001

[Eek!]

SUMMUS WORKS INC (Other OTC:SMMW.PK) Delayed quote data

Last Trade: 0.0001
Trade Time: 3:59PM ET
Change: 0.0000 (0.00%)
Prev Close: 0.0001
Open: 0.0001
Bid: N/A
Ask: N/A
1y Target Est: N/A

Day's Range: 0.0001 - 0.0001
52wk Range: N/A
Volume: 2,147,483,647
 
Posted by playtime on :
 
Well, it's confirmed from the TA. Here's the results after yesterdays volume. Remember, just because it shows .0001 on your streamer, doesn't mean that they were sold (by Summus IMO) at 4 decimal places, MM's can trade at 5 places. (.00009 and down)MM's could be getting shares significantly below .0001 from the company to sell to retail investors at .0001 at a profit to the MM's.

You be the judge of what is happening. I know I have my theory.

OS prior to today was 75,155,000,000

today (09-21-06) 77,480,000,000

an increase of 2,325,000,000 or $232,500.00
 
Posted by Schwabie on :
 
INTERESTING PLAYTIME.

[Wink]
 
Posted by Repoman75 on :
 
DILUTION.
 
Posted by playtime on :
 
Another point of interest, A/S is 80 billion, with only 2.52 billion more to issue. Then what?

IMO, reverse merger with share restructure, in this way, Dan will keep true to his no reverse split P/R's, technically speaking that is.
 
Posted by Schwabie on :
 
FILE FOR MORE SHARES OF COURSE...

NEVER BELIEVE THEM WHEN THEY SAY NO REVERSE SPLIT !!!

[Eek!]
 
Posted by kenzone on :
 
quote:
Originally posted by Schwabie:
I AGREE THERE WAS VOLUME KENZONE...

BUT WOULD YOU REALLY WANT TO SPEND $100 + COMMISSSION TO GET A WORTHLESS DIVI ?

I THINK NOT.

THERE IS ALWAYS THE POSIBILITY YOU CAN'T GET OUT AT .0001

[Eek!]

SUMMUS WORKS INC (Other OTC:SMMW.PK) Delayed quote data

Last Trade: 0.0001
Trade Time: 3:59PM ET
Change: 0.0000 (0.00%)
Prev Close: 0.0001
Open: 0.0001
Bid: N/A
Ask: N/A
1y Target Est: N/A

Day's Range: 0.0001 - 0.0001
52wk Range: N/A
Volume: 2,147,483,647

Thanks Schwabie...I value your opinion. I bought 1 million shares 6 months ago at .0001...more of a lottery ticket than an investment. I'll keep an eye on it. [Wink]
 
Posted by Bigrod40 on :
 
Summus Works, Inc. Announces Dividend to Shareholders

FRIDAY, SEPTEMBER 22, 2006 8:01 AM
- Market Wire

DENVER, CO, Sep 22, 2006 (MARKET WIRE via COMTEX) -- Summus Works, Inc. (PINKSHEETS: SMMW) announced it will distribute one million shares of Atlantis Holding Corp. common stock (PINKSHEETS: AHDG) to Summus Works' shareholders by way of a dividend. After consultation with the Company's legal counsel and transfer agent, the Board of Directors resolved to directly award beneficial owners of Summus Works in accordance with the Company's anti-abusive short selling program. Management noted that in addition to rewarding shareholders, the process by which shareholders will receive their dividend shares will also serve to deter abusive short selling of the Company's stock by forcing the cover of outstanding short sales.

The logistical details of the dividend as well as instructions for shareholders to receive AHDG shares are being drafted by the Company's legal counsel and will be issued in an upcoming press release, management stated.

The restricted shares of AHDG common stock were acquired by the Company as compensation for services contracted by Atlantis Holding Corp. Under the agreement, Summus Works will design and implement a corporate branding, marketing and advertising initiative for Atlantis Holding Corp. and its subsidiaries.

Atlantis Holding Corp is a Tustin, California-based holding company with subsidiaries in two primary divisions including an Environmental and Engineering Services Division and its Automotive Division. For more information on Atlantis Holding Corp. visit www.atlantisholdingcorp.com.

Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
 
Posted by tarq3 on :
 
Summus Works, Inc. Board Passes Resolution Increasing Par Value of Company Stock
Oct 17, 2006 8:00:00 AM

DENVER, CO -- (MARKET WIRE) -- 10/17/06 -- Summus Works, Inc. (PINKSHEETS: SMMW) announced that the Company's Board of Directors passed a resolution to increase the par value of Company common stock to $0.001. The Board stated that the increase in the par value of Company common stock represents its belief that the Company's stock is undervalued.

Management reemphasized its unwavering commitment to its VVV initiative to enhance shareholder value and noted that the increase of the par value will expedite the Company's ability to execute pending and future mergers and acquisitions.

Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Company Contact:
Summus Works, Inc.
Dan Burgess
888-607-9495
Email Contact
www.summusworks.com
 
Posted by playtime on :
 
Tarq3,
is this a polite way to say a 10 for 1 R/S is in the near future?
 
Posted by derek111c on :
 
LOL, seems like it

Can't believe they state this with around a 50bil OS if I remember correctly.

"The Board stated that the increase in the par value of Company common stock represents its belief that the Company's stock is undervalued."(Market Wire, SMMW, 2006)

If they believe it is so undervalued they should be taking their massive revenues and purchasing the OS.
 
Posted by playtime on :
 
derek111c,
No the O/S is very close to being maxed out at the A/S of 80 billion! Not exactly sure but like 77 or 78 billion.

IMO, when Dan gets to that number, a "reverse merger" will be done with share restructure.
Dan has P/Red no R/S, I know that doesn't mean crap but with a merger, he holds "true" to his word, kinda.
 
Posted by Schwabie on :
 
COMPANY STATING NO R/S MEANS NOTHING AT ALL.

PINKS LIE 99.99 % OF THE TIME.

[Eek!]

Quick Quote Symbol
SMMW Last
0.0001 Change
0 Bid
0.00 Ask
0.00 High
0.00 Low
0.00 Vol
25,249,997 Time
09:31:35
 
Posted by Phoenix on :
 
quote:
Originally posted by Schwabie:
COMPANY STATING NO R/S MEANS NOTHING AT ALL.

PINKS LIE 99.99 % OF THE TIME.

[Eek!]

Quick Quote Symbol
SMMW Last
0.0001 Change
0 Bid
0.00 Ask
0.00 High
0.00 Low
0.00 Vol
25,249,997 Time
09:31:35

Well, they _did_ keep their word on that over the past 2 years...no reverse split. Whether or not that will hold true in the future though is anyone's guess.
 


© 1997 - 2019 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2