This is topic SEVI...Watch it!! may have finally hit bottom...starting to u/t now in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
old thread was deleated for some reason so i am starting this new one
we have .001 on the bid with some sells but it looks like bottom may have been found we are now at:
.0012(1) by .0013(2)
Posted by pennys on :
great volume I think we are going to move big today profits from ucoi entering sevi. imo
Posted by moe77sco on :
pennys- And who told you that profits from UCOI are moving to SEVI?
Posted by pennys on :
i have a friend that did so
Posted by simpleman on :
I finally had a chance to go and see if this company even existed since it is only 75 miles from my location. Yes the company does exist and I have a chance to talk with management in the morning at 10:00.
Posted by digiholic on :
I am ready for some SEVI action, I'm anxious to hear whether you met with RR. If or when they get proactive with the stock it's go time. Penny's can you elaborate on the UCOI thing?
Posted by thesource on :
This thing is like watching paint dry . I have a couple hundred thousand shares though just in case it does start to move .
Posted by superman7 on :
0014 prints any kind of volume and this will run
Posted by digiholic on :
I agree this thing is primed, but just sitting on the starting line. Truly even a spike in volume would create some breathing room, I wonder how many shares SBSH has to pawn at .0014, not to mention these cheapies selling bits and pieces low.
Posted by pennys on :
Volume is coming We go straight up if we supercede the .0014 mark. It has always done that.
Posted by digiholic on :
sbsh pushed thier sell to 13, hopefully they are running out of shares, not just priming for some heavy dilution or something. They are keeping tight reigns on the pps currently.
Posted by pennys on :
huge volume picking. Something is going on. hold on guys. we are going to move north
Posted by pennys on :
any ideas ?
Posted by pennys on :
off north soon. Someone picked a ton.
Posted by Asklepidaurus on :
Here's my assessment of SEVI's current stock price as I posted it on Investor's Hub last week:
The stock price is essentially in a holding pattern right now. Whether you get in at 0.0012 or 0.0014, it really makes no major difference in the long run since we're looking for a 400%-800% return on this investment. I made a decision back in the summer to hold long and continue buying on the price drops as the company went through its financing in the late summer and fall. After the stock dilution (now about 700 million shares) and based on the company's gross profits estimates from the fall, the share value should be around 0.0090. Thus, I continue to maintain that the current price of 0.0013 is at roughly an 85% discount.
The 15-30% price fluctuations from 0.0011 to 0.0014 are essentially noise and meaningless (especially with volume less than 10 million). Even the 100% jumps to 0.0020 like we saw a few weeks back are more like flinching reactions based on rumors as opposed to real movement. There is a definite audience for this stock and the market is waiting for real data.
The company has stated that they will continue to release revenue estimates even now that they're on the pink sheets (according to the CEO), but they haven't yet stated on what timeline they will release the information, so we will simply have to wait and see. They would have to make less than $1 million to validate the current depressed price and over the last several years their revenues have been steadily increasing with last year in the $4-5 million range.
Even if they don't see a revenue increase this year, the stock value is still over 0.0050. (However, their continued government and healthcare contracts and their new contract with Petrobras Oil suggest they will see at least a 10-20% revenue increase.) Basically, the price is so depressed right now relative to actual value, that any positive news release will likely lead to an immediate jump up to the 0.0020-0.0030 range (as we saw a few weeks back). To maintain that level and move higher however, we need current revenue data (or estimates based on new and existing contracts) and some clarification about what the company is doing this year.
Take care, Asklepidaurus
Posted by pennys on :
this will be a runner soon... A big winner!!!!!
Posted by digiholic on :
This may be interesting, SBSH pushed their sell to .0017, they've been the main one holding the price, maybe they are low on shares and loosened the noose. We need a PR right now
Posted by simpleman on :
I will be back in town this weekend to post my news on meeting with company. I have been out on the road since and have been unable to post all that was talked about. I did add to my stock pile since the conversation now holding 5 million shares and will be adding. Good stuff coming from the company
Posted by paulbest on :
I call it a POS...ROYAL!!
Posted by digiholic on :
Good Simpleman, I now own about 5m myself, I'm glad someone else likes this stock. The chart is not an indication of where this company is heading. RR eats major crap at .001 so the downside isn't that bad, but the upside. Ah sookie.
Posted by Asklepidaurus on :
Over 1 million shares just traded in the 0.0015-0.0017 range. It seems the wall has been at least temporarily moved.
-A
Posted by digiholic on :
who in the hell sees 1m shares trade above .0015, then immediately sells 90k for .0011.
Posted by Golf57 on :
Something is up with this stock as of the last few days. I'm glad I have been accumulating over the last month. Last PR we had was back in the middle of NOV. A nice PR if definitely due.
Posted by moe77sco on :
simpleman- Well, are you going to tell us what happen in the meeting with the big shots from SEVI and also what is the good stuff coming from the Co. and when.
Posted by digiholic on :
Yeah simpleman, didn't your teachers tell you to share. lol.
Posted by Asklepidaurus on :
Updated info on Petrobras Oil, one of SEVI's major customers:
I emailed (simpleman) yesterday regarding the meeting he said he had with the people from SEVI and I did not receive a reply yet. Granted, he might be out of town.
Posted by digiholic on :
I also emailed him with no reply. This thing is ready to go KABOOM!!!
Posted by simpleman on :
I am unable to post my meeting news, seems I have received an email while away. I can no longer send private messages or give out any info on sevi, but I can say Im still adding
Posted by moe77sco on :
Can you elaborate on why you can't give us any information on the meeting you attended. Is it because you work for the Co? Also what is the time frame of when we can see this in the pennies.
Posted by digiholic on :
I'm glad you at least posted a response. I can wait, I guess. Just watching someone paint the tape. lol. I'm ready for a bucket of paint.
Posted by Asklepidaurus on :
Technology and IT Services sectors moving ahead strong!
Well, I couldn’t help but notice that Cisco (often considered a benchmark for the health of the technology sector) has been doing very well recently. Here is an article about yesterday’s financial release:
I also find it interesting that Information Technology Services companies in general have been doing very well since last spring’s market decline. Here are the gains for some of the big players in the IT sector over the past 6 mo:
Infosys Technologies (INFY) +50% Electronic Data Systems (EDS): +17% Accenture (ACN): +40% International Business Machines (IBM): +33% (rough approximations)
Here is a link from SEVI's website discussing their competition/collaboration with these large companies. It seems that SEVI does not directly compete with the big players. Instead, these companies routinely outsource projects to regionally-recognized companies like SEVI:
Although I am looking forward to a press release from Systems Evolution, I am taking the good health of the sector as a very positive sign for SEVI since IT represents half of the company.
-Asklepidaurus
Posted by Asklepidaurus on :
It seems Allstocks didn't like that first link. It should be "http://b l o g.business2.com" Everything else in the link is the same. Allstocks simply doesn't like the word "b l o g". I have to write it with a space between each letter in order for it not to be crossed out. Curious.
-A
Posted by foxtrot6 on :
maybe simpleman is really a simple hoaxk
Posted by pennys on :
MOVING UP VERY SOON. THIS WILL BE THE START FOR A HUGE RUNUP. PR will further boost this one.
Posted by pennys on :
VOLUME SEEMS PICKING UP TODAY AT THE START SOMETHING COMING UP.
Posted by pennys on :
BYE BYE .001 FOR EVER!!!!! SOON 1C AND ABOVE. MARK MY WORDS
Posted by digiholic on :
I think a rocketship ride is in the near future, but I'll settle for a steady climb to launchpad until then.
Posted by pennys on :
we may get a repitition of last year!!! SOON!
Posted by moe77sco on :
pennys- and what is a repetition of last year?
Posted by FIST13F on :
moe77, About this time last year it hit .07 which would be a big jump from these levels. it even jumped back up to the high .03's a few months after the last big run. I know this because I am holding a bag and waiting for it's return myself
Posted by pennys on :
stock surged from 1c to 7c in one week or so!
Posted by moe77sco on :
Thanks for the reply guys. It sure would be nice to duplicate.
Posted by digiholic on :
This thing is due. I flipped this thing a couple times while it was at .02 and made good money. It was my first real flipper and I thought I was unstoppable, now I too am holding the bag, with matching hip pack.lol. Time to let this puppy run.
Posted by moe77sco on :
Does anybody know anything about (simpleman) I mean he says he attended the meeting, when asked what was said in the meeting his reply was I can't say. I emailed him twice and asked him if he was an employee of the Co. I would understand but, he never replied to either message.
What do you all think about the person? Is he a phony or just a piece of art.
Posted by digiholic on :
Donno, my private PM never even got read. It is interesting, surely he isn't afraid that he's giving insider information. I don't need to know what color socks management had on, just an overall feeling of things.
Posted by moe77sco on :
digiholic- Your message makes absolutely zero sence.
Posted by digiholic on :
lol. Zero SENSE, Simpleman hasn't read my PM according to this site, if he has real insider informatiion he can't tell or may be held liable, and it isn't important to know too much detail about the visit, but a little would be helpful. Does that sum it up.
Posted by moe77sco on :
digiholic- Yes, you are right a little would be helpful and he gave none.
Posted by Asklepidaurus on :
Let's recap--Systems Evolution history:
Fall, '03: -Wallace Resources acquires Systems Evolution, Inc and renames itself SEVI -SEVI becomes a public company -SEVI develops financing agreement ($3.3 million) to allow several acquisitions:
Spring, '04: acquires AXP Technologies, Inc
Summer, '04: -acquires eLead Solutions, Inc -acquires CMS Technology Services to create its "Managed Services Practice", based in San Antoio, TX
Fall, '04: -acquires Next Hire Consultants, Inc (continues as a wholly owned subsidiary) -acquires Duration Software, Inc to create its "Solutions Practice", based in Austin, TX
Fall, '04-'05: integration of these various companies into a functional whole
Fall, '05: SEVI recognized as fastest growing technology company in Houston, TX, with 472% revenue growth
Spring, '06: -SEVI's Consulting Division achieves Microsoft Gold Partner status (one of only 200 such companies in the U.S.) -SEVI reports first operational profits -SEVI's Next Hire Division shows 130% earning increase -SEVI launches its "Enterprise Project Management Practice" -SEVI's stock price skyrockets about 1000% on huge increase in volume and then levels out at 300% (0.03-0.025)
Late Spring/Summer, '06: market downturn drives stock down to 0.01
Late Summer/Fall, '06: -SEVI announces 1X stock dilution to write off part of its initial financing loans -SEVI delays reporting in order to fully comply with new reporting guidelines regarding derivatives and its trading symbol temporarily changes to SEVIE -SEVI's stock price plummets to 0.003 -SEVI opens second Next Hire Division office in Austin
Fall, '06: -SEVI announces its first fully managed recruiting services contract with Petrobras Oil, the 14th largest oil company in the world, to staff its new U.S. drilling facility -SEVI announces additional 0.5X stock dilution to write off more of its loans -SEVI achieves 20% rise in revenue for 2006 -SEVI achieves first overall profitable quarter -SEVI announces plans to almost double its workforce to deal with the increased demand for its services -SEVI moves its listing from OTCBB to PK in order to save $500,000+/year in reporting fees. -SEVI's stock price drops further to 0.0011-0.0015 where it has essentially remained
SEVI consists of two divisions: a network systems Consulting Division (a Microsoft Gold Partner Master Services Agreement provider), and a personnel placement Next Hire Division (places full-time oil and gas engineering staff, as well as technology project staff). Headquarters are in Houston with major offices in Austin and San Antonio. The company's primary customers are the State of Texas Government, Shell Oil, MedDorna, Staffing Technologies, and Petrobras Oil.
Estimated minimum share value based on revenue of $5-7 million with 700 million total shares is 0.007-0.01.
-Asklepidaurus
Posted by superman7 on :
getting a very nice pop so far today...finally broke .0017 this one is getting ready imho
Posted by pennys on :
straight to 1c
Posted by dollar13 on :
NICE
I GOT AN ORDER IN NOW....
Posted by bksundar on :
Got me some of this lotto pick today. Hope it reaches new heights...
Posted by Jo4321 on :
Decided to add to my "bag" from July. Would be nice for this to do what it did back then. (or even better let's go for that April high of .07!)
Jo
Posted by pennys on :
It may if we get super news!!
Posted by dollar13 on :
quote:Originally posted by superman7: getting a very nice pop so far today...finally broke .0017 this one is getting ready imho
I AGREE
Posted by dollar13 on :
IF THIS DOESN'T POP, I AM GOING TO START TRADING WITH "JIM CRAMER"
LMAO
Posted by superman7 on :
here comes .0024 again previous HOD hopefully it break .0024...looking real good imo
Posted by dollar13 on :
0.0023 GETTING SMACKKKKK HERE
Posted by dollar13 on :
So what's the take on SEVI for today ?
Posted by farmerboy on :
Missed it...ahhhh TDWATERHOUSE makes me crazy sometimes. Was going to pull the trigger the other day when it came up. Congrats who got in under .002. It should see 3's
Posted by Asklepidaurus on :
SEVI valuation with current share numbers (as of 3/1/07)
Assume revenue of $5-7 million, 66% margins as in previous years, and 750 million shares (outstanding shares currently at 725 million out of an allowed 750 million, float is about 435 million shares; to verify, you can contact transfer agent Atlas Transfer at 801-266-7151).
HIGH end ~ $0.0310 Gross Profit = ($7 million revenue) x 0.66 = $4.62 million $4.62 million / 750 million shares = $0.0062/share If PPS reaches 5X gross profit/share => $0.0310/share
LOW end ~ $0.0220 Gross Profit = ($5 million revenue) x 0.66 = $3.30 million $3.30 million / 750 million shares = $0.0044/share If PPS = 5X gross profit/share => $0.0220/share
(Note: the average U.S. equity Price/Earnings ratio from 1900 to 2005 is 14, so using 5 may be a low estimate.)
Hence, a target of $0.0220-$0.0310 (the high end of the range is lowered from the previous estimate now that we’ve verified the outstanding share count is over 700). These share prices would raise the market cap of SEVI from its current $1 million to $16-23 million. The company's target as stated by the CEO last spring was to reach $25 million over the next couple of years, so these share price targets appear to be in line with the company's internal estimates. Thus, it appears the current share price of $0.0024 is at a 90-95% discount.
I'm not sure when SEVI is really going to "run". Today’s activity certainly indicated that investors are returning their attention to the company. This could be the start of a real push, but it wasn't the sort of jump you'll see after a positive press release. Even with the 50% rise yesterday, we’re still 10-fold below the target. Often the bargain prices simply have to be publicized and the resultant attention is enough to raise the PPS several fold without additional PRs.
-Asklepidaurus
Posted by pennys on :
go SEVI! market down SEVI will be UP!!!!
Posted by pennys on :
BIG BUYS WILL COME IN SOON!!!!!!!
Posted by dollar13 on :
0.0023 HOLDING FOR NOW
Posted by Asklepidaurus on :
Hey guys,
I've started a new board for discussing SEVI to give us a fresh start: "SEVI is back", under Micro Penny Stocks. I've included some useful links and info to start it off:
Hey ask, it won't let a message post on there, or at least the quick reply isn't up.
Posted by Asklepidaurus on :
I know. I've asked the administrator to open that board to replies. They may have to close this thread as a result since it seems they try to keep only one board open per stock. But it
Posted by digiholic on :
I posted an interesting link below the chart in the ibox, longer term of their gains.
Posted by dollar13 on :
I WOULD EXPECT A LITTLE BIT MORE OF ACTION TOMORROW
IMO
Posted by digiholic on :
I think as it starts to hold ground a little tighter it will really start to pick up. Today was a standoff, but when this puppy decides to run, it'll shoot up pretty quick....if a PR drops, aw sookie.
Posted by dollar13 on :
0.0021
Posted by pennys on :
going up
Posted by dollar13 on :
COME ON EOD
0.0022
Posted by thesource on :
I forgot I had this one . Sold off half of my shares for a 46% profit . I'll hold the other half just incase something fun happens .
Posted by digiholic on :
Sold when? Recently? Good thing you kept some shares because this ride is just starting to sell tickets. The real ride may not start for while, but the good roller coasters always have a good line and when you get to the gate, you realise what all the waiting was for. A GOOD RIDE!
Posted by Jo4321 on :
quote: this ride is just starting to sell tickets. The real ride may not start for while, but the good roller coasters always have a good line and when you get to the gate, you realise what all the waiting was for. A GOOD RIDE!
(be patient and watch the whole 2 minutes, I guarantee you will laugh)
This represents how I've felt over the past few trading days. C'mon SEVI!
Posted by digiholic on :
That is funny. There was a SEVI stock party after lunch today, but it needs to be an all day affair that lasts for months.... better yet, years. I think we are getting close to the breaking point, a PR would make this thing explode like a virgin schoolboy at Hugh Heffners house.
Posted by thesource on :
I'll buy back the shares I sold if it drops back down . If not , I'll ride the remaining ones I have . I've learned to take a profit with these penny stocks whenever possible .
Posted by Jo4321 on :
Yep, missing out on a gain is a lot easier to take then ending up with a loss.
(I should know, LOL!)
Posted by pennys on :
.0028 To the moon now . Get in if you can . GO SEVI
Posted by dollar13 on :
OH CHIT , I FORGOT I HAD THIS ONE
LOL
Posted by pennys on :
Running and will continue running for next week
Posted by Jo4321 on :
Buy on the dips!
Posted by Jo4321 on :
Dip over, now let's break .0028 and beyond!
Posted by pennys on :
over .003 today i suspect
Posted by superman7 on :
31 by 32
looking very good
this run is coming shoudl be nice, i think we get to .006 on the run and maybe higher well see
goodluck!
Posted by thesource on :
Well boys and girls , I've learned not to get greedy with these penny stocks . I am up 117% on the remaining 50% of my shares so they are for sale at .0032 . Come and get em ..........
Posted by superman7 on :
good sale, thesource!!!
i sold 25% at the same .0032 but yeah i think its going higher( i have another 35% for sale at .006) but yes definatly anytime u make a profit, u did a good move, especially 117%
congrats!!
Posted by thesource on :
Sold a little early today but thats cool . I'll take my money and go play some where else for a while . This week has kicked ass !!!
Posted by superman7 on :
nice!
yes its really starting to fly now, hit .0043!
but oh well u made money thats what counts
i think something may be up, its looking like there may be news on the way
well see still have a sale at .006
Posted by pennys on :
no way i sell over one penny soon
Posted by thesource on :
There probably is some news coming out . Good luck to all still in it .
Posted by Hitman on :
My Laptop quit working Saturday.... I had a sell order for .0041 .... Just got backn on-line and
Found out SEVI SOLD.... Made $95 but may have made more.... wasnt expecting such a run up.... Never Know.... Well profit is profit.... Will buy back on a dip
Posted by dollar13 on :
MORE GREEN IN MY ACCOUNT, WOW.
Posted by moe77sco on :
Huge news must be up ahead. I think this could be the biggest winner of the year. Well actually so far this year this is the biggest winner. .05 is not out of the question in my opinion.
Go SEVI
Posted by thesource on :
You may be right about it being a huge runner . Personally , I didn't do any DD on it and bought it because it was cheap . I've made good money percentage wise on it so I can't complain . If it drops back down or there's rumor of some real news coming out , I might jump back in .
Posted by ohio_trader on :
[QUOTE]Originally posted by moe77sco: Huge news must be up ahead. I think this could be the biggest winner of the year. Well actually so far this year this is the biggest winner. .05 is not out of the question in my opinion.
Go SEVI [/QUO ------------------------------
r u sure there has been three>>> 5+ baggers already in the last 2 weeks
CHNW, BHWF, and EVSA
Posted by moe77sco on :
ohio- I guess I'm not sure then, if there's been three more but, SEVI is not done yet. By the end of the run it will be the biggest winner I hope.
Posted by Golf57 on :
Any predictions on how high she'll go today.
Posted by moe77sco on :
I'm willing to bet my left nut and predict a high of .0095 and close at .0071
Posted by Hitman on :
Get the sissors ready.... No News on SEVI .... It will head back down today.... ZiP Off Nuts...
Posted by superman7 on :
i know these guys had ties with microsoft before, i still think they do but not sure, when people find just this news out it cause it to have a nice run..
anyone know if they are still involved with mirosoft????
Posted by pennys on :
SOON WE MOVE UP AGAIN TODAY!!!!! UP TO .005 AND OVER
Posted by Asklepidaurus on :
As far as I know, SEVI is still one of only 200 Microsoft Gold Certified Partners in the nation.
-A
Posted by moe77sco on :
quote:Originally posted by Asklepidaurus: As far as I know, SEVI is still one of only 200 Microsoft Gold Certified Partners in the nation.
-A
I wonder if There's any way to confirm the affiliation to Microsoft. If they are still affiliated this stock is worth some big bucks.
Posted by moe77sco on :
quote:Originally posted by Hitman: Get the sissors ready.... No News on SEVI .... It will head back down today.... ZiP Off Nuts...
Hitman- There's no doubt that my left nut is in jeopardy today but, on the other hand you missed spelled scissors.
Posted by pennys on :
OFF WE GO AS I SAID
Posted by dollar13 on :
0.0038 ... NICE
Posted by moe77sco on :
Hitman- My left nut is definitely starting to feel some relief as we are starting to head North.
Posted by pennys on :
soon up
Posted by Jo4321 on :
Just keep Paulbest out of here!
Posted by moe77sco on :
Well, there goes my left nut.
Posted by thesource on :
I got my rusty old x-acto knife ready to go ..........
Posted by moe77sco on :
thesource- Great response, I got a great laugh out of it which is a good thing. Thanks
Posted by Golf57 on :
VectorVest Stock Analysis Report : (Strong Buy)
Value: Value is a measure of a stock's current worth. SEVI has a current Value of $0.01 per share. Therefore, it is undervalued compared to its Price of $0.0035 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.
RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. SEVI has a Relative Timing rating of 2.00, which is excellent on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.
VST (VST-Vector): VST is the master indicator for ranking every stock in the VectorVest database. SEVI has a VST rating of 1.31, which is very good on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.
Sales Per Share (SPS): SEVI has annual sales of $0.02 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.
Price to Sales Ratio (P/S): SEVI has a P/S of 0.18. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.
SEVI is undervalued compared to its Price of $0.0035 per share.
Posted by Jo4321 on :
Anyone think it is worth another go 'round, buying at .0027 or so?
I hate to press my luck with a good profit, but....
Jo
Posted by thesource on :
I'd jump in around .0024 or so .
Posted by JimSC on :
At 0.0027, SEVI is a good risk.
Posted by Golf57 on :
[QUOTE]Originally posted by Jo4321: [QB] Anyone think it is worth another go 'round, buying at .0027 or so?
I hate to press my luck with a good profit, but....
I think is a very good risk. I personally see this thing going to a least .05 When? I can't tell that because I don't know but, I think that when ever news comes out that it will be a good one.
Posted by Jo4321 on :
Thanks guys, I tried to get in again at .0027, but it never filled.
My first flip was .0020 to .0034, so I'll have to be satisfied with that!
Jo
Posted by thesource on :
quote:Originally posted by Jo4321: Thanks guys, I tried to get in again at .0027, but it never filled.
My first flip was .0020 to .0034, so I'll have to be satisfied with that!
Jo
Just be patient , if it comes back your way , jump in . If not be happy with the gains you made .
Posted by Jo4321 on :
yep, Monday is another day! Plus I still have my "bag" of SEVI from July in case it goes to .06!
Posted by pennys on :
Great sevi today! We will see.
Posted by Asklepidaurus on :
I spent the evening examining the details of the Systems Evolution/Datalogic agreement and it seems favorable to us.
First, we apparently have new management for the company, David Walters as CEO, which is usually energizing to both the company and the stock price. Second, SEVI has rather surprisingly negotiated a very beneficial arrangement. They have simultaneously shed the responsibility of managing their IT division and retained its value in the form of a 42.7% stake in a larger IT company that is similarly growing at a rapid pace via acquisitions and expansion: “Datalogic International, Inc” (DLGI). SEVI needed to greatly restructure its IT division or sell it off anyway because the division was not growing profits (even with increased revenue). This way, SEVI retains the time and money invested in the division as long as DLGI flourishes.
Datalogic is an IT solutions company based in California, but with existing operations in Houston. They consult on projects for the IT sector and healthcare industry, as well as government contracts dealing with homeland security. With SEVI’s IT division, DLGI expands its base to Austin and San Antonio and gains a strong link to the State of Texas government. According to DLGI’s most recent 10K, the company is earning annual revenues of roughly $16 million, while SEVI’s IT division is making about $4 million. Hence, SEVI just acquired 43% of DLGI by offering them a 25% increase in their revenue. (Before the deal, the outstanding shares of DLGI stood at 54,447,626, and with the addition of SEVI’s IT division, should now be at 94,947,626). Here is some more info from DLGI’s website:
And from their recent 8K: “Our objective is to grow the core businesses through a combination of organic and acquired growth. . . . [Part of our strategy is to] acquire complementary businesses and technologies. We intend to build our revenue base and solutions by selectively acquiring complementary businesses and technologies. We target companies with the following characteristics: (1) an established market presence in their respective fields, (2) a loyal customer base that can be used to cross-sell other products and services, and (3) products and services that provide recurring, predictable service and maintenance revenue streams.”
In contrast to the IT division, SEVI’s Next Hire permanent placement division grew its revenue 131% last year (according to SEVI’s 10K from 9/06). Next Hire is also the division that recently won a 3-year contract to staff all the engineering personnel for Petrobras Oil’s new U.S. installation. It appears to me that SEVI is going to continue as an independent company based around its rapidly growing Next Hire division, while retaining a large stake in the IT sector through its 43% ownership of Datalogic.
Hence, my assessment is that this agreement fixes the shortcomings of SEVI. It allows the management to focus resources on growing Next Hire to its fullest potential while retaining the fruits of their labors in the IT sector. The 43% ownership in Datalogic (with additional profit-sharing during the first two years) is an extremely good deal for SEVI. I am frankly impressed. At this time, I continue to project a minimum share value of $0.01-0.02. However, the upper limit will likely need to be raised once we receive an update on Next Hire's revenue and a more recent 10K for DLGI.
-Asklepidaurus
Posted by moe77sco on :
[QUOTE]Originally posted by Asklepidaurus: [QB] I spent the evening examining the details of the Systems Evolution/Datalogic agreement and it seems favorable to us.
First, we apparently have new management for the company, David Walters as CEO, which is usually energizing to both the company and the stock price. Second, SEVI has rather surprisingly negotiated a very beneficial arrangement. They have simultaneously shed the responsibility of managing their IT division and retained its value in the form of a 42.7% stake in a larger IT company that is similarly growing at a rapid pace via acquisitions and expansion: “Datalogic International, Inc” (DLGI). SEVI needed to greatly restructure its IT division or sell it off anyway because the division was not growing profits (even with increased revenue). This way, SEVI retains the time and money invested in the division as long as DLGI flourishes.
Datalogic is an IT solutions company based in California, but with existing operations in Houston. They consult on projects for the IT sector and healthcare industry, as well as government contracts dealing with homeland security. With SEVI’s IT division, DLGI expands its base to Austin and San Antonio and gains a strong link to the State of Texas government. According to DLGI’s most recent 10K, the company is earning annual revenues of roughly $16 million, while SEVI’s IT division is making about $4 million. Hence, SEVI just acquired 43% of DLGI by offering them a 25% increase in their revenue. (Before the deal, the outstanding shares of DLGI stood at 54,447,626, and with the addition of SEVI’s IT division, should now be at 94,947,626). Here is some more info from DLGI’s website:
And from their recent 8K: “Our objective is to grow the core businesses through a combination of organic and acquired growth. . . . [Part of our strategy is to] acquire complementary businesses and technologies. We intend to build our revenue base and solutions by selectively acquiring complementary businesses and technologies. We target companies with the following characteristics: (1) an established market presence in their respective fields, (2) a loyal customer base that can be used to cross-sell other products and services, and (3) products and services that provide recurring, predictable service and maintenance revenue streams.”
In contrast to the IT division, SEVI’s Next Hire permanent placement division grew its revenue 131% last year (according to SEVI’s 10K from 9/06). Next Hire is also the division that recently won a 3-year contract to staff all the engineering personnel for Petrobras Oil’s new U.S. installation. It appears to me that SEVI is going to continue as an independent company based around its rapidly growing Next Hire division, while retaining a large stake in the IT sector through its 43% ownership of Datalogic.
Hence, my assessment is that this agreement fixes the shortcomings of SEVI. It allows the management to focus resources on growing Next Hire to its fullest potential while retaining the fruits of their labors in the IT sector. The 43% ownership in Datalogic (with additional profit-sharing during the first two years) is an extremely good deal for SEVI. I am frankly impressed. At this time, I continue to project a minimum share value of $0.01-0.02. However, the upper limit will likely need to be raised once we receive an update on Next Hire's revenue and a more recent 10K for DLGI.
And when will that be??
Posted by moe77sco on :
quote:Originally posted by Asklepidaurus: I spent the evening examining the details of the Systems Evolution/Datalogic agreement and it seems favorable to us.
Did you pay $25.00 for this report. Because if you did we should all chip in for it.
First, we apparently have new management for the company, David Walters as CEO, which is usually energizing to both the company and the stock price. Second, SEVI has rather surprisingly negotiated a very beneficial arrangement. They have simultaneously shed the responsibility of managing their IT division and retained its value in the form of a 42.7% stake in a larger IT company that is similarly growing at a rapid pace via acquisitions and expansion: “Datalogic International, Inc” (DLGI). SEVI needed to greatly restructure its IT division or sell it off anyway because the division was not growing profits (even with increased revenue). This way, SEVI retains the time and money invested in the division as long as DLGI flourishes.
Datalogic is an IT solutions company based in California, but with existing operations in Houston. They consult on projects for the IT sector and healthcare industry, as well as government contracts dealing with homeland security. With SEVI’s IT division, DLGI expands its base to Austin and San Antonio and gains a strong link to the State of Texas government. According to DLGI’s most recent 10K, the company is earning annual revenues of roughly $16 million, while SEVI’s IT division is making about $4 million. Hence, SEVI just acquired 43% of DLGI by offering them a 25% increase in their revenue. (Before the deal, the outstanding shares of DLGI stood at 54,447,626, and with the addition of SEVI’s IT division, should now be at 94,947,626). Here is some more info from DLGI’s website:
And from their recent 8K: “Our objective is to grow the core businesses through a combination of organic and acquired growth. . . . [Part of our strategy is to] acquire complementary businesses and technologies. We intend to build our revenue base and solutions by selectively acquiring complementary businesses and technologies. We target companies with the following characteristics: (1) an established market presence in their respective fields, (2) a loyal customer base that can be used to cross-sell other products and services, and (3) products and services that provide recurring, predictable service and maintenance revenue streams.”
In contrast to the IT division, SEVI’s Next Hire permanent placement division grew its revenue 131% last year (according to SEVI’s 10K from 9/06). Next Hire is also the division that recently won a 3-year contract to staff all the engineering personnel for Petrobras Oil’s new U.S. installation. It appears to me that SEVI is going to continue as an independent company based around its rapidly growing Next Hire division, while retaining a large stake in the IT sector through its 43% ownership of Datalogic.
Hence, my assessment is that this agreement fixes the shortcomings of SEVI. It allows the management to focus resources on growing Next Hire to its fullest potential while retaining the fruits of their labors in the IT sector. The 43% ownership in Datalogic (with additional profit-sharing during the first two years) is an extremely good deal for SEVI. I am frankly impressed. At this time, I continue to project a minimum share value of $0.01-0.02. However, the upper limit will likely need to be raised once we receive an update on Next Hire's revenue and a more recent 10K for DLGI.
-Asklepidaurus
Posted by pennys on :
great move coming after the news
Posted by dollar13 on :
LOOKING VERY GOOD, I HOPE WE BREAK THE 0.004's TODAY
Posted by dollar13 on :
LOADED THIS MORNING
Posted by wes19c on :
gonna fall back down to .002
LMAO
Posted by dollar13 on :
quote:Originally posted by wes19c: gonna fall back down to .002
LMAO
I HOPE YOU'R RIGHT
I NEED MORE SHARES LOL
Posted by JimSC on :
SEVI and SFIN have the same trend, both are in the early phase of uptrend. SEVI: 0.003 SFIN: 0.002
Posted by dollar13 on :
0.0037 HOD
Posted by pennys on :
this one over a penny for sure. Investment in solid ground. Merger?
Posted by dollar13 on :
0.0039 Posted by pennys on :
Fools sold yesterday. The great move is just coming.
Posted by moe77sco on :
From another board. SEVI == REVERSE MERGER!! News not out yet! Check out the profile of DLGI:
SEVI likely to move to OTC BB market... maybe they'll change ticker, but the news will be huge if they state that SEVI is acquiring a company that does $15,000,000+ in revenue via a REVERSE MERGER.
So 2 things: move to BB & acquire company with huge revenues.
( from other chat )
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Posted by pennys on :
Go sevi!!
Posted by Jo4321 on :
What's up with SEVI today? Rumor of R/M Friday and then went from .0039 to .0029.
Posted by digiholic on :
SBSH is the pilot of this ship right now, when the autopilot disengages we should be good.
Posted by Hitman on :
So.... What is this about fools... and.... Yesterday
Posted by Asklepidaurus on :
SEVI apparently acquires DLGI in Reverse Triangular Merger
It now appears that SEVI and DLGI have decided to merge in a reverse triangular merger with SEVI acquiring DLGI as a wholly owned subsidiary. This merger approach is tax-free if certain conditions are met, and hence provides advantages over a direct acquisition. Here’s what we know:
-DLGI’s 8K from 3/6/07 says it acquired the Duration IT division of SEVI on 2/28/07 in return for shares of DLGI. In other words, SEVI’s subsidiary was merged into DLGI. http://biz.yahoo.com/e/070306/dlgi.ob8-k.html
Here are descriptions of Reverse Triangular Mergers from two sites:
1) “In a reverse triangular merger, a subsidiary ("Sub") of the acquiring corporation ("Acquiring") merges into the target corporation ("Target"). Acquiring's Sub stock is converted into Target stock and the former Target shareholders receive the merger consideration in exchange for their Target stock. This form of acquisition is often desirable for regulatory or contractual reasons when it is important that no transfer of Target assets take place.” http://www.pmstax.com/acqbasic/a2Erg.shtml
2) In a reverse triangular merger, the merger proceeds in the same manner as a triangular merger except the subsidiary is merged into the target corporation. The outstanding shares of stock of the subsidiary, all of which are owned by the acquiring corporation, are converted into shares of stock of the target corporation. The shares of stock of the target corporation are converted into securities of the acquiring corporation. The advantage of this merger is that the target corporation will become a wholly-owned subsidiary of the acquiring corporation without any change in its corporate existence. http://www.securitieslawinstitute.com/m&a.html
Thus, it appears that SEVI is now a much larger company with roughly $22 million in annual revenue and clients across the U.S. http://www.dlgi.com/about_clients.html
Summary of ownership: -SEVI owns DLGI, David Walters is CEO, Rhodes continues as a Director -Duration IT division of SEVI is integrated into DLGI -DataLogic International, Inc. (DLGI) continues as wholly owned subsidiary of SEVI with major offices in California and Texas, Keith Moore as President -Next-Hire Consultants, Inc. continues as a wholly owned subsidiary of SEVI, Bob Johnson as President
ALSO: -Monarch Bay Capital Group, run by Walters, % ownership in SEVI?? -Monarch Staffing, Inc. (MSTF), half owned by Walters and half by Moore, Walters is Chairman, President, and CFO, Moore is a Director -Drug Consultants, Inc., a wholly owned subsidiary of MSTF, Walters is CEO -Bounce Mobile Systems (BNCM), owned by Monarch Bay Capital Group, Walters is Chairman and CEO -Remote Dynamics (REDI), a wholly-owned subsidiary of BNCM, Walters is Chairman and Moore is a Director -Service Advantage, Inc., Moore is a Director and Exec. VP
Datalogic, Monarch Staffing, Remote Dynamics, Service Advantage, David Walters, and Keith Moore all have the same address: 30950 RANCHO VIEJO RD. #120 SAN JUAN CAPISTRANO, CA 92675
Speculation: if Monarch Staffing was also integrated into SEVI/DLGI, the resulting consulting company would have revenues of about $30 million.
-Asklepidaurus
Posted by Asklepidaurus on :
Additional Research--Development of a national consulting company
It appears that Monarch Bay Capital Group is building a national consulting company. They are taking existing companies with great promise and integrating the IT consulting and personnel staffing components. The corporate headquarters for all these companies are located in the same office in San Juan Capistrano, CA, (just down the road from Monarch Bay, between Los Angeles and San Diego) and I suspect they are functioning under the same leadership. David Walters and Keith Moore are rapidly building this group of integrated companies as you can see below:
David Allen Walters is the managing director of Monarch Bay Capital Group and is the new CEO of SEVI. His partner Keith Moore is the CEO of Datalogic International.
Datalogic International, Inc (DLGI) -Now a wholly owned subsidiary of SEVI -Keith Moore is CEO -Acquired Datalogic Consulting, Inc. of Houston, TX, in 1999 (shell company was called TopClick International, formerly Galveston Oil & Gas, Inc., at the time it acquired Datalogic.) -Changed their name to DataLogic International in 2001. -From 2003-05, DataLogic acquired IPN, ISS, CBSi, and BluBat. -On 6/06, sold off the BounceGPS trademark to Monarch Bay Capital Group http://www.dlgi.com http://www.datalogicconsulting.com
Monarch Bay Capital Group, LLC -Walters is Managing Member -Owns 95.8% of Bounce Mobile Systems -Owns 42% of Monarch Staffing, Inc.
Bounce Mobile Systems, Inc. (BNCM) -Walters is Chairman and CEO -Owns 94.4% of Remote Dynamics
Remote Dynamics (REDI): -Walters is Chairman of the Board (12/4/06) -Moore is a Director http://www.remotedynamics.com
Monarch Staffing, Inc. (MSTF) -Walters is Chairman, President, & CFO -Walters served as CEO until 9/06 when they hired Joel Williams as CEO -Moore is a director -Acquired MT Ultimate Healthcare Corp (MTHC) (11/2005) -Acquired iTechexpress, Inc. (11/2005) -Moore served as Chairman and CEO of iTechexpress from 4/99-1/05 -Walters seved as Chairman and CEO of iTechexpress from 1/05-11/05 -iTechexpress had acquired Drug Consultants, Inc. -Walters is CEO of Drug Consultants -the resulting company became Monarch Staffing on 3/2006 Monarch Staffing, Inc. provides medical and technical staffing services to commercial and government sector customers in the United States. The company, through its wholly owned subsidiary Drug Consultants, Inc., offers medical staffing services. It furnishes personnel to perform a range of pharmacy technician, nursing, and other health care services in support of the operations of government and commercial facilities. Monarch Staffing is headquartered in Irvine, California. Revenue of 7.3 million Quarterly revenue growth of 4231% http://www.monarchstaffinginc.com http://www.drugconsultantsinc.com
MEL Enterprises, Ltd. -Moore is Managing Member -Owns 42% of Monarch Staffing
Service Advantage International, Inc. -Moore is a Director and Executive VP http://www.servad.com
Monarch Staffing, Inc. provides medical and technical staffing through "Drug Consultants, Inc." (DCI) Datalogic International, Inc. provides medical and technical staffing through "Datalogic Consulting, Inc. (DCI)
The address for David Allen Walters is: 30950 RANCHO VIEJO RD. #120 SAN JUAN CAPISTRANO, CA 92675 -Same address as Monarch Staffing, Inc. and Drug Consultants, Inc. -Same address as DataLogic International, Inc. and DataLogic Consulting, Inc. -Same address as Remote Dynamics, Inc. -Same address as Service Advantage International, Inc.
Some information on the financers of SEVI and Datalogic:
Midtown Partners & Co., LLC, served as the sole placement agent for a private placement of 20 million shares of Datalogic last summer. Midtown Partners is also associated with SEVI. Richard H. Kreger, Senior VP, investment banking at Midtown Partners is listed under SEVI's "Company Professionals". Interestingly, there is an Alexander Kreger on the Board of Directors for Datalogic (appointed 10/31/06). Alex Kreger and Richard Kreger are co-listed on a merger deal from last summer involving Jordan 1 Holdings Co. (Gasel Transportation) and Freundlich Supply Co. to produce Precision Aerospace Components (PAOS.PK). Their other partners in the deal included Chris Phillips, BGRS 2005, and Aimee Brooks. PAOS is essentially a trucking company for aerospace parts. Alex Kreger is Chairman of the Board of PAOS and is President of Kreger Trucking Renting Co., Inc. He is director or officer of several leading truck rental and leasing trade associations, including the Truck Leasing and Renting Assoc, the American Truck and Leasing Assoc, and the New York Car and Truck Leasing Assoc. Alex Kreger is also on the Board of Datalogic. Likewise, David Walters also serves on the Board of Precision Aerospace.
-Asklepidaurus
Posted by Asklepidaurus on :
The New Management of SEVI:
David Walters, new CEO of SEVI
David Walters, age 43, has served as Executive Vice President and Director of Monarch Staffing, Inc, since November 4, 2005. Since January 2005, he has served as Chairman and CEO of iTechexpress, Inc. ("iTech"), which since Exchange has been wholly owned by the Monarch Staffing. Since November 7, 2005, he has served as Chief Executive Officer of Drug Consultants, Inc., which has been a wholly owned subsidiary of iTech, since November 2005. Since February 2000, he has served as a managing member of Monarch Bay Capital Group, LLC. From October 1992 through July 2000, he served as executive vice president and managing director in charge of Capital Markets for Roth Capital (formerly Cruttenden Roth, "Roth"). As an equity partner and a key senior management member, he was instrumental in building the company's revenues from $7 million to $65 million. He managed the capital markets group and led over 100 financings (public and private), raising over $2 billion in growth capital. Mr. Walters sat on Roth's Board of Directors from 1994 through 2000. Previously, Mr. Walters has served as a vice president for both Drexel Burnham Lambert and Donaldson Lufkin and Jenrette in Los Angeles, and has run a private equity investment fund. Mr. Walters maintains an extensive network of specialists in research, syndication of transactions, trading and market-making for small capitalization companies. Mr. Walters has extensive experience in investment management, corporate growth development strategies and capital markets. Mr. Walters earned a B.S. in Bioengineering from the University of California, San Diego in 1985.
Keith Moore, CEO of DLGI (previous president of Activision, Inc.)
Keith Moore, age 44, has served as Chairman and Chief Executive Officer of DataLogic International, Inc. since January 2005, a position which he currently holds. Mr. Moore has served in various executive capacities for small and large companies and has extensive experience in growing and financing technology and service companies. From April 1999 to January 2005, Mr. Moore served as Chairman and Chief Executive Officer of iTech, now a subsidiary of Monarch Staffing. From 1991 till 1996, Mr. Moore served as president, Chief Operating Officer, Chief Financial Officer, and director of Activision, Inc. (NASDAQ: ATVI). Mr. Moore is a founder of International Consumer Technologies and was vice president, Chief Financial Officer and director since its inception in July 1986 until its amalgamation into Activision in December 1994. Mr. Moore was the founder of several other startups including iTechexpress, Inc., NetWorx New Media, Inc., Service Advantage International, Inc. and The Web Connect Company. He has also served as a Director of Monarch Staffing since November 4, 2004, and has held various leadership positions with iTechexpress, POPcast, and Cinemaware. Collectively, for these organizations, Mr. Moore was instrumental in raising capital in excess of $100 million and growing revenues in excess of $600 million. Mr. Moore received his Bachelors degree in Finance from Eastern Michigan University in 1982 and his Masters degree from Eastern Michigan University in Finance in 1984.
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