Playstar reports January revenues of $255,000/to guide 2007 revenues upward Playstar International SMS Corp. (PLYCF:PK)
TORONTO, Feb. 13 /PRNewswire-FirstCall/ - Playstar International SMS Corp., through its wholly owned subsidiary Premier Mobile Technologies Inc., today announced $255,000 in January revenue. These revenues were generated through the Company's SMS operations.
Stewart Garner stated 'what a tremendous start to the year and now that we have our USA short code approval and are ready for launch in the United States, we believe we'll see continued growth in our SMS businesses. Together, along with the development in our mobile games businesses, through our wholly owned subsidiary Function Inc., we believe 2007 will be a tremendous year for our shareholders. As a result, in the coming weeks, we will be guiding upwards our earlier revenue projections of $7 million for 2007.'
Stewart Garner also stated 'We will also be announcing one of our Canadian JV partners this week along with a Company Conference Call.'
Playstar International SMS Corp. is a Delaware corporation. Playstar International SMS Corp. recently incorporated in the State of Delaware and trades on the pink sheets under the symbol PLYCF. Current shares structure fully diluted is 99,933,246 outstanding. Authorized is 100,000,000. Its transfer agent is Transfer Online of Portland Oregon.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The 'Act'). In particular, when used in the preceding discussion, the words 'pleased,' 'plan,' 'confident that,' 'believe,' 'expect,' or 'intend to,' and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.
SOURCE Playstar Corporation
Posted by Oldschool110 on :
Making a move here imo
Posted by Oldschool110 on :
2.5 mill. in Volume already !
Posted by renrob05 on :
bought a little at .026
Posted by wsj_trader1 on :
with news like that it could be huge.
Posted by renrob05 on :
7 million in revenue...Nice
Posted by renrob05 on :
I'm down here but added at .023
Posted by KP on :
Keep adding. Posted by Oldschool110 on :
== PLYCF Quick Tidbits from PR's --- >>
* Playstar reported January revenues of $255,000
* Stated 2007 revenues now to exceed earlier estimate of $7 million and to be stated in the coming weeks (2/13 pr)
* PLYCF is also working on some distribution partners which could significantly increase those projections.
* Stated they will be announcing a Canadian JV partner and have a Investor Conference Call this week (2/13 pr)
* Outstanding shares Only 99,933,246 fully diluted (from the 2/13/2007 pr) 52,336,246 free trading and 47,317,000 restricted (as per 12/20/2006) Authorized - 100,000,000
* Incorporated in the state of Delaware under the name Playstar International SMS Corp. as of Jan 24th, 2007
* National SMS March Madness Giveaways program rollout throughout Canada on Friday, Feb. 16th, 2007 through all the national phone carriers & directly marketing to all Canadian colleges and will expand this March Madness promotion throughout the USA with code approval (update: approved in 2/12 pr)
* Will be updating thier website and announcing thier joint venture partners
* Company states "minimum" short position of 15,000,000 shares discrepancy
* Acquired 100% of Function Inc. and will be launching proprietary pier to pier games throughout the world
* Function Inc has filed many patents and trademarks worldwide of its proprietary SMS Peer-to-Peer (P2P) Text Message (SMS) and Online games
* Stewart Garner (CEO) has also agreed to convert his personal loans in Playstar amounting to $175,000 to common shares of restricted stock at a conversion rate of 10 cents per share
* Company has no long term debt on the books going into 2007 (from 12/20 PR)
* Both 654321 www.texttowinbig.com and 99969 www.chitchattext.com are operational and generating revenue and other models for generating revenue are forthcoming shortly
* The company would also like to state that with the application with Impact Mobile (www.impactmobile.com) of 321321 short code for USA we have the ability to launch a North American contest with major distribution alliances
* Company states they have many exciting deals on the table
* The Transfer Agent Transfer Online has been notified by the company in writing to divulge total outstanding shares to any investor who calls.
* The company has no plans of financing or any dilution of its share capital in the near future except for a possible acquisition or major joint venture.
* Soon to Launch SMS Peer to Peer SMS and Online games
* Applications filed for #'s for Reverse auction,Chitchattext,marketing of its reverse auction proprietary software platform
* Company has retained the legal firm of Alice Roberts & Co. in Antigua to immediately work with our United States securities lawyer to prepare for migration to a US jurisdiction.
* Our goal is to now move forward with our accountants and auditor to get all filings up to date and refile for a bulletin board listing sometime in quarter 1 of 2007."
* Settles old debt of $500K and prepares for migration to United States jurisdiction
* Playstar Corporation entering massive China SMS marketplace
* Subscribed for a unique short code in China for use with voting on contests via television or internet Playstar is in final negotiations with a company in China to hub the project with us but the application and short code will be owned by Playstar Corporation or a 100% wholly owned subsidiary formed in China
* Company states >> Our opportunities at present time don't require us to pay for the mass marketing so the decision was simple.
* Launching private label for its 654321 & 321321 TextToWinBig codes and BID797979 codes for immediate use in North America by individuals, companies or charities
* Received final approval for its 321321 short code in USA for Launch (2/12 pr)
* Shareholder meeting date set for March 12, 2007 with symbol and cusip# change to follow after
all imo do your own DD
Posted by Hitman on :
Looks good.... Im buying 2day
Posted by N-VEST-R on :
not going under .023 so everyone better buy now........i'm in .025......this ones a winner!
Posted by djg7 on :
This could run with volume. .0275 x .028 up 12% today.
Posted by Homersbud on :
Weeeeeeeeeee!
Posted by renrob05 on :
Yes very nice...my add a .023 looks sweet now
Posted by Homersbud on :
028x0285 2x1
Posted by N-VEST-R on :
going much higher......hold steady
Posted by renrob05 on :
If we break .033 than .04 won't be a problem.
Posted by Homersbud on :
03x031 3x1 Looking good this morning! News about J/V should be out soon too!
Posted by Homersbud on :
031x033 1x1
Posted by N-VEST-R on :
Everyone hold steady, this is gonna really break out soon.......HOT HOT HOT!!!
Posted by Homersbud on :
quote:Originally posted by N-VEST-R: Everyone hold steady, this is gonna really break out soon.......HOT HOT HOT!!!
Yeeeeeeeees! 033x034 1x1
Posted by renrob05 on :
This is looking very sweet. .04s are coming
Posted by djg7 on :
Looking good. I've been waiting for this to pop for some time. Let's hope for nice and steady rise at this point.
Posted by N-VEST-R on :
More news to come soon, company is going adjust 2007 revenues upward....so don't bail out until after we get a pop from more news!
Posted by Homersbud on :
Weeeeeeeeeeeeeee! Sold some at 036 from 026! Riding freebies now!
Playstar Corporation is recently announced that its 100% owned subsidiary Premier Mobile Technologies Inc. will commence its national NCAA MARCH MADNESS GIVEAWAYS program throughout Canada on Friday Feb 23rd 2007 through all the national phone carriers.
Premier Mobile Technologies will be offering 3 lucky winners 2 tickets plus airfare and $500 spending money to the 2007 NCAA Final Four in Atlanta, GA
Stewart Garner states "the NCAA march madness final four ticket is a hot item, and we're lucky to have secured 6 prime seats. We are preparing our marketing program to start Feb 23rd and run through to March 22nd which gives us a full month of massive marketing in Canada. If our 321321 short code in the USA is ready then we will add it to the marketing, but for now we are focusing on Canada." We are also looking forward to announcing one of our first joint venture partners for our March college trip giveaway as our launch date has been moved back to Feb 21st, due to our joint ventures marketing plans.
Stewart Garner also stated "details for the company public conference call will follow with the announcement of our first marketing Joint Venture Partner next week."
Playstar Corporation is an Antigua corporation and foreign filer on the pink sheets under the symbol PLYCF. Current shares structure fully diluted is 99,933,246 outstanding. Authorized is 100,000,000. Its transfer agent is Transfer Online of Portland Oregon.
Short codes, also known as short numbers or Common Short Codes (CSC) are special telephone numbers, significantly shorter than full telephone numbers, which can be used to send an SMS text.
Posted by djg7 on :
.045 x .046 and climbing! Let's keep going up!!
Posted by Homersbud on :
Should test 05 I think!!!
Posted by djg7 on :
Let's hope so Homersbud. Only 4 MMs left to .05.
Posted by renrob05 on :
Amazing...c'mon .05
Posted by djg7 on :
Here's a healthy little dip. Let's hope for an EOD run!
Posted by renrob05 on :
Easy to see that .047 HOD will break very soon
Posted by djg7 on :
HOD .048! Come on .05!
Posted by Homersbud on :
Will it hit 05 before EOD? I think so!!
Posted by djg7 on :
Nice buys coming in at .0485.
Posted by Homersbud on :
Here are the 05's!!!!!
Posted by djg7 on :
Printing .05.
Posted by djg7 on :
There is a wall at .05.
Posted by Homersbud on :
quote:Originally posted by djg7: There is a wall at .05.
Huge too! lol
I think we gap over tomorrow!
Posted by djg7 on :
I'm all for that Homersbud.
Posted by N-VEST-R on :
Gonna run huge tomorrow! Opening UP and going even higher.
Break threw .05 and we will soar up to around .085
When they announce the new Revenue projection for 2007 this baby will be huge!
Posted by KP on :
What a great day...Great candle...tomorrow looks great and so does the rest of the month. GLTA! I am pulling the trigger at .15 unless I get enough confirmation to not do so.
Posted by djg7 on :
7 MMs lined up at .05 premarket. Looks pretty good if it breaks through the .05 wall.
Posted by N-VEST-R on :
ofcourse has to be early morning sell off. Hopefully it will turn around and go back up.
Posted by djg7 on :
This is common. Readjustment after yesterday's large gains.
Posted by KP on :
Folks that sold either need to pay the rent with their 20-40% gainers, or simply do't look into the company and its plans over the next month. End of March madness..then will be very exciting!
Posted by N-VEST-R on :
Looks like the sell off is over, I expect a great day tomorrow and maybe a late day rally today!
I agree, seems very premature to be selling already with all there is to look forward to over the next couple weeks.
I FEEL LUCKY!!!!
Posted by N-VEST-R on :
BREAKING THREW!!!!!
Posted by djg7 on :
I've was gone for 5 hours. This is looking good!
Posted by N-VEST-R on :
The steam is building up and the top is gonna blow off this badboy soon!!!!
Oh man, tomorrow could be one heck of a day.
Posted by N-VEST-R on :
come on......huge day!!!!
Posted by djg7 on :
Good morning N. Premarket gapper .005*3 x .055*1. Let's get this thing moving north.
Posted by N-VEST-R on :
Slow start but will close in the green, I believe!
Posted by N-VEST-R on :
People selling again.......don't know why, this thing is going much higher!!!
Posted by N-VEST-R on :
More News
Playstar sets company conference call for March 1st 10 minutes ago - PR Newswire
Playstar Corp. (PLYCF:PK) is pleased to announce a public conference call on March 1st , 2007 at 3:10 EST to announce exciting corporate developments.
Please email to investorrelations*playstarcorp.com all questions or a request for an invitation to the conference call by February 27, 2007 and we will email you details to participate on call. Only questions emailed in advance will be addressed as call will not be open to questions as we expect a significant amount of shareholders on the call.
Marc Askenasi will be present on the call to discuss Function Inc. products, services and their upcoming launch of its pier to pier games.
Current shares structure as follows: fully diluted - 99,933,246 outstanding: free trading - 72,336,246; restricted - 27,317,000. Authorized shares are 100,000,000. Playstar Corp. trades on the pink sheets under the symbol PLYCF and its transfer agent is Transfer Online, Inc. of Portland, Oregon.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.
SOURCE Playstar Corporation
Posted by djg7 on :
Profit takers cashing out today before the weekend. I'm holding this one strong. We'll see how this closes EOD.
Posted by N-VEST-R on :
There's just to much going for this company to get out already......I think by the end of march we could be very much higher.
Posted by N-VEST-R on :
Everyone just sold all day here......gonna regret that when we go past .08 on Monday. Not to mention the news coming next Thursday. Running much higher............WOOOO HOOO
Posted by KP on :
Well, all I can say to that is I hope you are RIGHT! wooo hooo........show me the money....lmao.
I agree with you by the way!
Posted by N-VEST-R on :
GLTA..........should be a great week!
Posted by tmanfromtexas on :
I am not in this...yet, but I do like their PR's that state their A/S versus their O/S. TMAN...
Posted by N-VEST-R on :
If your gonna get in you better do it first thing in the morning b.c. CC is Thursday to announce some "exciting corporate developments" and some are saying another PR prior to that but thats hear say, take it with grain of salt.
Predictions are of .20 threw .40 run this month, they have a lot going on right now.....future looks very nice....great business they are in also.
Run baby Run!!
Posted by tmanfromtexas on :
vest, with almost twice the amount of shares out as were out in the last run to .40 cents, I would expect the most this would see would be on the lower end of what others are predicting. still a nice run from here if it goes that high. TMAN...
Posted by N-VEST-R on :
I'll take what I can get TMAN. Tryin not to count the chickens before they hatch but this is looking like one fertile hen.
Posted by N-VEST-R on :
lets run today, ok.....please! lol
Posted by tmanfromtexas on :
Its running for you vest. are 5's in its future? TMAN...
Posted by N-VEST-R on :
Hold on to your panty straps, we are about to move......UP!
Posted by djg7 on :
.05 x .051 and up 16% today. Not bad for slow volume today.
Posted by N-VEST-R on :
Just imagine the rise you would see with a 10 mill volume day at this point!
This is going to be an incredible week, no doubt!
CC on Thursday, this could be an extraordinary day.
This company is really gonna bring in some huge profits......they charge 1.50 per text message....lol........SHOW US DA MONEY!!!!!!!
Posted by tmanfromtexas on :
I am starting to feel a little lonely here. lol. Am I the only bagholder left? TMAN...
Posted by mrinos on :
you are not a bagholder. This stock will rise on march 1. be patient.
Posted by djg7 on :
I was thinking the samething tman. I hope you're right mrinos. I need a winner for a change.
Posted by mrinos on :
I may even buy me some - haven't decided though
Posted by efchamp on :
I am still in this one and I am going to hold onto it at least throught the first week of March and hopefully we can make some money. GLTA!!
Posted by N-VEST-R on :
Very annoying day but this one is still gonna go big later this week! All that money that came out of the market today has to go somewhere. This would be a great place for some of that Cash!
Besides it's holding .04 to .056 with no additional news yet and thats a large gain over the last week!
Hold your bag and soon it will be overflowing!!!!
FAT BAGS BABY!
Posted by N-VEST-R on :
CC tomorrow along with "exciting new corporate developments" so says CEO.
Gonna be a big day and month for PLYCF, moving up to OTCBB, raising 2007 revenue projections, annoucing JV partner and opening US office.....plus more.
Gonna make a big move..... the predictions are .20 to .40 and if breaks .40 then anything is possible!
Playstar RESCHEDULES Company Conference Call To MARCH 6th
Wednesday February 28, 10:54 PM EST
TORONTO, Feb 28, 2007 /PRNewswire-FirstCall via COMTEX/ -- Playstar Corp. announces it has rescheduled its public conference call from March 1st, 2007 to Tuesday, March 6th 2007 at 2:30 EST
Stewart Garner states "Due to a corporate development resulting in a scheduling conflict we have decided to push the call back to Tuesday. The company has had an overwhelming response and has hired AT Conference www.atconference.com to host and moderate the conference call. We have changed the questions part of the call to an open question format and wanted a professional firm to host this call. We believe shareholders will be very pleased with all details discussed and look forward to all participating on Tuesday with myself and Marc Askenasi."
Participants dialing in for the conference will dial 866-901-2585 or 404-835-7099. It is advisable that participants dial in approximately 10-15 minutes before the conference is scheduled to begin. All participants who dial in will need to give the operator their first and last name, Telephone Number, and Email Address. After that information is given to an operator, the participants will be placed on music hold prior to the start of the conference.
When the conference begins, all participants will be placed in lecture mode so that the speakers may have their discussion without interruption. The speakers will queue the operator when they are ready to take questions. The operator will give instructions to the participants on how to queue up for a question. The operator will go through all participants who have questions and inform the speakers when questions have ceased. When speakers have concluded, everyone may disconnect from the conference.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.
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