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What does everyone think of RNKE? From what I see, about middle next year this could be around .10 per share. Any others have some news?
slyfox
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Roanoke Technology Corp. Announces 11.5% Increase in Sales ROCKY MOUNT, N.C. - PRNewswire-FirstCall - Dec. 6 ROCKY MOUNT, N.C., Dec. 6 /PRNewswire-FirstCall/ -- Roanoke Technology Corp. (BULLETIN BOARD: RNKE) announces an increase in sales over the same period in the previous year.
Sales have increased 11.5% for the month of November 2004 as compared to November 2003. This comparison is based on sales units.
RNKE C.E.O. David Smith commented, "This increase in sales over the preceding year is indicative of the effort our sales staff is putting forth."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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does anyone know how many shares outstanding RNKE has?
Chadwick
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Roanoke Technology Corp. Announces Early Repayment of SBA Loan December 10, 2004 08:30:00 AM ET
ROCKY MOUNT, N.C., Dec. 10 /PRNewswire-FirstCall/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) announces it has repaid its SBA loan in full.
On Tuesday, December 7th, 2004, Roanoke Technology Corp. repaid in full its SBA loan. The final payment on the loan would have been due on November 1st, 2007. By repaying the loan three years early, the company has eliminated a substantial amount of interest.
RNKE C.E.O. David Smith commented, "Having paid off our small business loan three years ahead of schedule has saved us a considerable amount of long term revenue as well as reduced our monthly expenses. This is just one of many measures we are taking to strengthen RTC's financial stability."
blue_in_MI
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i've watched RNKE for a long time, but have yet to buy it. might soon though. it's a complete hunch, but i just have a feel that *somewhere* along the line, RNKE is gonna have a run. it might be short-lived, but: i bet that sometime in the next year this thing pops 100+% in a day, even if it's just because some yokel stock group buffoons pick it as their pump and dump du jour. the trick of course, is figuring out just how low it will go, buying near that point, and unloading on said run.
i can't help but liking the company, but the yearly chart is one of the ugliest i've ever seen. about .0009 and i'm in for a bit, if it ever makes it that low.
slyfox
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I bought and made some money on this a couple of weeks ago when the volume was up. I hasn't been doing much untill Friday when in was on the otcbb top 10 in volume. I got a bunch at .0012 and will let it go when it bumps .0016 for a quick 25%. That is what I did a couple of weeks ago.
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