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PWRI: 0.045 -- Bottom Bounce News out - Rev. up 200% expected O/S 84 M shares. Market capital; 3.8 M$ Prejevted ann Rev: 30 M$
This stock is grooly undervalued.
[ June 26, 2006, 10:10: Message edited by: JimSC ]
vicki
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Hey! Haven't seen you around...hope you are doing well.
JimSC
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Credit: Juice's daily PR thread.
PWRI (.0413)Fiscal Year 2006 Sales Estimated to Exceed $30 Million Jun 26, 2006 9:13:00 AM
BOCA RATON, FL -- (MARKET WIRE) -- 06/26/06 -- Power2Ship, Inc. (OTCBB: PWRI), the provider of a web-based, logistics, collaborative marketplace for the freight transportation industry, expects gross revenue for the fiscal year ending June 30, 2006 to be approximately $30.1 million, an increase of approximately $20.9 million or 226%, from $9.25 million during fiscal year 2005. Richard Hersh, the Company's Chairman and Chief Executive Officer, commented, "We hit our sales projections for the year. This growth was achieved through a combination of the acquisitions we made in March 2005, internal growth generated by these acquired operations and the improvement of our existing operations. Fiscal year 2007 is expected to be another banner year with double digit growth in all our operations as well as the prospect for additional growth if funding is available for acquisitions and from implementation of our logistics software and consulting services with current and new customers in the U.S. and abroad."
About Power2Ship, Inc.
Power2Ship (P2S) created the MobileMarket(TM), a web-based application that specializes in the collection and processing of real-time transportation information using proprietary, event-driven software that optimizes the utilization of transportation assets and provides exception-based information to trading partners. P2S' services are offered to the supply chain management industry including manufacturers and distributors of goods as well as service providers that transport goods. In addition, P2S has two wholly owned subsidiaries, Commodity Express Transportation, which operates a fleet of tractors and trailers, a freight brokerage and a warehouse operation, and Power2Ship Intermodal, which is a non-asset based drayage company that arranges the transportation of freight containers arriving at various ports and rail terminals. P2S also is seeking to incorporate the P2S MobileMarket(TM) into solutions that address global transportation security issues by collaborating with L-3 Communications and other technology and defense companies. Finally, P2S seeks merger, acquisition, and joint venture opportunities with strategic third party providers in the supply chain arena.
issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. ********** places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.
JimSC
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quote:Originally posted by vicki: Hey! Haven't seen you around...hope you are doing well.
Hi, Vicki. Nice to see you around, too. I have been posting. We might be working at different time of the day. LOL.
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