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Micro Penny Stocks, Penny Stocks Under $0.10 ENCU emerges from bankrupcy .
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Author | Topic: ENCU emerges from bankrupcy . |
dardadog unregistered |
posted November 11, 2003 03:13
Coming out at .0179 and could see a run this morning. ------------------ IP: Logged |
dawn0304 Member |
posted November 11, 2003 09:50
ENCU is doing well today! Up 83% already. Good find Dardadog!! IP: Logged |
dawn0304 Member |
posted November 11, 2003 10:27
This is insane! 332% and still going!!!!! IP: Logged |
dardadog unregistered |
posted November 11, 2003 10:32
Almost 400%! Ridin' the rocket!!!! ------------------ IP: Logged |
usasail Member |
posted November 11, 2003 10:33
Nice Dude....so what price did you land this one on today? quote: IP: Logged |
U4TSAF2 Member |
posted November 11, 2003 10:42
ENCU $ 0.07 0.052 288.89% 7,004,883 OTCBB
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lacy Member |
posted November 11, 2003 10:46
0.15... goooooooooo... i got in the one about 2 months ago .. IP: Logged |
dardadog unregistered |
posted November 11, 2003 10:47
.037 outta the gate! In the immortal words of REO SPEEDWAGON - RIDIN' THE STORM OUT! EEEHHHAAAHHH!!! ------------------ IP: Logged |
Jeremy Member |
posted November 11, 2003 10:47
that's sweet, ameritrade screwed me this morning with unsettled funds, so I couldn't get in. It's strange, I can buy/sell OTC stocks, and my money is instantly available for trading. But I sold some stock that is listed on AMEX and it holds my funds IP: Logged |
Jeremy Member |
posted November 11, 2003 10:49
Oh wait.. today is a holiday, meaning a non-settlement day since banks are closed. Stupid move on my part for not remembering IP: Logged |
usasail Member |
posted November 11, 2003 10:59
DUDE U GET THE GOLD STAR TODAY EH'!!! NICE TRADE!!!! quote: IP: Logged |
dardadog unregistered |
posted November 11, 2003 11:02
Thanka, Thanka very much! ------------------ IP: Logged |
usasail Member |
posted November 11, 2003 11:14
WORK S_U_C_K_S A_S_S SO BAD....I WOULDA JUMPED ON THIS ONE AFTER READING YOU INITIAL POST.....I WOULDA BEEN IN FOR 100K SHARES TOO....AAAAHHHH!!!! I HATE WORK!!!!! CALGON TAKE ME AWAY!!!! woulda, coulda, shoulda seems ta be my motto as off late @#$(*^&@#$(^!!! quote: IP: Logged |
U4TSAF2 Member |
posted November 11, 2003 11:33
I GOT SOME REALLY BAD NEWS FOR YOU GUYS.... IF YOU DECIDED TO STAY RIGHT WHERE YOUR AT AND NOT SELL OUT, THE HISTORY OF THIS STOCK IS IN THE .40-.60 RANGE.... MY GUESS AND GUT WOULD TELL ME THAT YOU GUYS GO AWHILE TO GO ON THIS ONE SINCE IT JUST GOT OUT OF BANKRUPTCY... IP: Logged |
dardadog unregistered |
posted November 11, 2003 12:16
Playin' 100,000 free shares at the moment. We'll let this pony run a little. ------------------ IP: Logged |
U4TSAF2 Member |
posted November 11, 2003 12:36
ENCU $ 0.102 0.084 466.67% 29,486,140 OTCBB MAN, I SURE DO HOPE WE DON'T HAVE ANYBODY JUMPING OFF ANY BRIDGES ANYTIME SOON.... IP: Logged |
dardadog unregistered |
posted November 11, 2003 13:00
Nice support at .10 - look for a good run late today. Hope everyone is in free and holding. ------------------ IP: Logged |
dardadog unregistered |
posted November 11, 2003 16:47
Lot of profit taking late today that surprised/didn't surprise me. It's already up after the close. http://host.wallstreetcity.com/wsc2/corporate_snapshot.html?DB=SQL&template=corpsnap.htm&Symbol=encu Should be sweet in the morning as this stock was trading without most traders even aware. When they look at the numbers this evening and see it led the trading most of the day it will gap nicely in the morning and then we should be off to the races again. Hope everyone is on board for free or low end. Good Luck everyone. See you in the A.M. ------------------ IP: Logged |
dardadog unregistered |
posted November 11, 2003 20:20
If everybodies doin' it.....then everybodies doin' it!!!! http://www.hotstockchat.com/stockpage.htm It's already gapped to .09 since the close. Get ready to ride tommorow. Git along little doggie..... ------------------ IP: Logged |
ve3avw Member |
posted November 12, 2003 09:21
up 300% yesterady .. May gap up today! IP: Logged |
montreal_diamonds Member |
posted November 15, 2003 11:33
I really like this one. It looks like the support wall has formed at around .04-.05. The just got a green light out of bankruptcy few days ago. Recently they purchased Millennium Information & Technology Consultants Ltd. which is a 3 Million dollar revenue producer. http://www.mitconsulting.net/html/aboutUs.htm Currently the stock is trading in the same region that it did while it was in BK. Their quarterly report is coming out next week. This stock should be in 25 cent region ... definitely not a 4 cent stock. It is interesting to see how MM's have brought it down on low volume just before the report. If the report is suspected to be negative, MM's would rally it up a head of the filing so that they can short it down ... but this time they have done the exact opposite .. IP: Logged |
ve3avw Member |
posted November 18, 2003 15:25
You guys should really look into this one .. earnings report coming out this week. They just got out of BK!!!! IP: Logged |
ve3avw Member |
posted November 18, 2003 15:29
up 46% today!!! IP: Logged |
ve3avw Member |
posted November 18, 2003 16:04
Is anyone lookign at this .. this puppys is going up!!!!!!!!!!!11 IP: Logged |
ve3avw Member |
posted November 18, 2003 17:53
UP 51% TODAY!!!! IP: Logged |
nobrainer Member |
posted November 20, 2003 02:48
hmmm.. earnings out today, maybe not very impressive huh? Seems like the market was not interested in it, stock didn't receive alot of buy or sell, but a steady 27% decline! Any more ideas on this play? IP: Logged |
nobrainer Member |
posted November 20, 2003 03:02
I still think that a company out of BK should be worth more than pennies. ENCU's real value is between .10-.20! IP: Logged |
dardadog unregistered |
posted November 20, 2003 04:13
10K could have looked better but could have looked much worse also. After last weeks wild ride I'm playing free and was really hoping revenue from newlie acquired company could have been considered in earnings for ENCU. It's still looking like a decent play and if a strong PR comes out it could be a great play. ENCU - ENUCLEUS INC (OTCBB)
AmericanBulls has them at HOLD. If it drops below .04 in the morning I will add a little more to my stash and wait it out. Good things could happen here in my opinion.
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nobrainer Member |
posted November 20, 2003 10:37
OMG, ENCU dropping on low volume.. holding. IP: Logged |
montreal_diamonds Member |
posted December 07, 2003 11:04
StocpProwler has picked up on Encu here is the link .. take a read! http://www.stockprowler.com IP: Logged |
dardadog unregistered |
posted December 08, 2003 06:37
It's time to take another look at this. Made some nice $$$ the first run and looks to be ready to bolt. Let's face it, this stock sold for 0.24 while in bankruptcy, and before the ugly Spring of 2000 it was a +$30.00 NASDAQ stock. The judge allowed them to acquire a large revenue producing company while they (eNucleus) were going through chapter eleven this year, almost unheard of, as both judge and acquired company have strong faith in re-emergence of this company. Shares stayed in-tact and they have an extremely small float. In my opinion, this is going to be a thing of beauty. Read on to understand better.
CHICAGO--eNucleus, Inc. (OTCBB ENCU) a next generation application delivery and managed hosting company today announces its successful beginning under the strategic asset acquisition program. Part of eNucleus’ business strategy is to acquire leading software applications and business solution providers in specific market verticals that enjoy strong customer loyalty and enable those applications for delivery over the Internet for a recurring monthly fee on either a managed hosting or pure ASP basis Results from Strategic Business Group, Inc. (“SBG”), our first acquisition under this program, have exceeded expectations. For the first month of operations within the eNucleus family, SBG has exceeded revenue expectations by 15% and enhanced profitability. SBG is leading solution provider in the home healthcare industry servicing the multitude of companies providing DME, home health and home infusion services. Clients include Option Care, Caremark, University of Michigan and the Henry Ford Health Systems. "We are thrilled over the success Dave Hodges and all of the SBG team members have had during the recent period.” stated Scott Voss eNucleus’ President. and, of course the MIT acquisition CHICAGO, IL, July 16, 2003 -- eNucleus, Inc. (OTCBB: ENCU), a next generation application delivery and managed hosting company today announced it has completed its previously-announced acquisition of Millennium Information and Technology Consultants, LTD. (“MIT"). Under the terms of the acquisition, eNucleus will acquire client contracts, solution rights and certain assets for consideration of 300,000 shares and up to 3.7 million shares of eNucleus common stock payable under a 12-month earn-out plan. Ahmed Shaaban, founder and CEO of MIT, has joined eNucleus’ management team as Chief Operating Officer and will be responsible for the company’s day-to-day operations. “The caliber of MIT’s personnel and the extensive experience they bring to eNucleus provide the organizational depth we need to execute our aggressive growth plans”, stated John Paulsen, eNucleus’ CEO. “Combined, we now have the internet infrastructure, technical personnel and sales management expertise necessary for delivering world class services with the breadth and depth that our target markets require”, stated Ahmed Shaaban, eNucleus’ newly installed COO. Scott Voss, eNucleus’ President added, “This acquisition provides eNucleus with critical resources for managing and growing our company according to the acquisition strategy we have laid out. We are extremely pleased to have them on our team.” MIT Consultants is a leading professional services organization, which has proven expertise in the strategic design and implementation of ERP, CRM, sales automation, business intelligence and Internet infrastructures. MIT Consultants’ most significant contributions include innovations in IT asset valuation and recognition methods for the M&A process, ERP outsourcing management techniques, client centric marketing models for IT service organizations, content management methods, and Internet Commerce models designed to develop brand (by re-purposing media vehicle content). Their dossier shows solutions and analysis to notables including SBC-Ameritech, Bauer-Nike Hockey, Bruno Magli America, Apollo Management, Infinity Broadcasting, and Chicago Department of Transportation.
eNucleus (www.enucleus.com) is a next generation application delivery and managed hosting company that delivers software solutions from reliable application platforms via our national data center network. Our primary focus is to deliver vital software applications to companies in specific market verticals that exponentially enhance the flow of information within their organization as well as with their customers, suppliers and partners. The seamless and immediate exchange of critical business information provided by our software solutions allows clients to run their businesses with maximum efficiency and profitability. The information contained in this press release, including any "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 contained herein, should be reviewed in conjunction with the Company's annual report, financial filings and other publicly available information regarding the Company, copies of which are available from the Company upon request. Such publicly available information sets forth many risks and uncertainties related to the Company's business and such statements, including risks and uncertainties related to that are unpredictable and outside of the influence and/or control of the Company. CONTACT:
STOCK PROWLERS PICK OF THE MONTH! Our pick for the month of December 2003, eNucleus, Inc. (OTC BB: ENCU) was an Internet high-flyer trading in the $30 range before the market began its slide/crash in March of 2000. Currently trading at a mere 3 cents, eNucleus is an unbelievable ground floor opportunity. Why? …Because, on November 6, 2003, eNucleus received its final decree from the United States Bankruptcy Court for the Northern District of Illinois, successfully concluding restructuring and emergence from bankruptcy. This means we have a well established wholesaler of Internet infrastructure/ Applications Service Provider (ASP) that, after emerging from bankruptcy and is substantially debt free, is still trading at pre-bankruptcy levels! It appears that shorters/ MM’s are keenly aware of this, and have dispatched their “pro-teams” to bash the hell out of ENCU on the message boards, driving the share price down to present levels. What a joke! Look… here’s what happened in the BK and why Stock prowler believes this is an incredible speculation: Holders of certain allowed claims under the Plan of Reorganization received just one (1) share of common stock for every $3.00 of debt claim.
It is our opinion that Internet-based models of software delivery will be the migration path of choice for most software applications in the foreseeable future due to the cost savings and broader accessibility of critical business information. eNucleus has focused on developing a reliable nationwide data network that allows companies to access their critical software applications and business data via high speed internet connections. This delivery method allows them immediate access without costly expenditures and headaches of building and maintaining a network infrastructure within their business establishment. eNucleus allows multiple businesses to access the same host server on which common software applications reside - paying a monthly fee on a per user basis. The eNucleus’ business strategy is to acquire leading software applications in specific market verticals that enjoy strong customer loyalty and enable those applications for delivery over the Internet for a recurring monthly fee on either a managed hosting or pure ASP basis. By spreading the network infrastructure costs and the technological skills for “re-tooling” software applications over various acquired software applications and through the consolidation of back office operations, this business strategy increases overall profitability and lowers eNucleus’ risk for any given software application acquired. This business model also builds a strong base of recurring monthly income. As customers migrate to this new application delivery method, opportunities will invariably emerge for eNucleus to manage and deliver other core business processes such as electronic file management, data backup and disaster recovery needs. With insiders holding a substantial amount of the outstanding shares… and debt holders having restricted common shares, it is the opinion of Stock prowler .com that trading in shares of ENCU could be extremely volatile because of the small float relative to OTC BB stocks. In our opinion, shares of ENCU could easily see 15 cents again short term on any news. Long term this looks BIG! Stock prowler does not receive compensation from companies we profile or from third parties… we never have and never will. We use our own money when we buy stocks, and even though we usually take a position in a stock before we profile a company, our purchases are always relatively small so that the chance of having an effect on a stock’s price when we buy or sell is negligible. Please read our full disclaimer. Also, contrary to a commonly held belief, Stock prowler does not have access to insider information, nor do we want to, because trading on insider information is illegal! All information contained in our reports is available in the public record… and any written or verbal communication with company CEOs/ IR people strictly adheres to this rule. Readers are urged to read the company SEC filings and do their own due diligence before investing in this or any other stock. Good Trading… Stock.-.prowler
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dardadog unregistered |
posted December 08, 2003 09:36
Up 50% at open, don't miss out. ------------------ IP: Logged |
ve3avw Member |
posted December 08, 2003 09:38
We keep on bringing this stock up but no one asidfe from DarDog and my self is commenting .. take a look .. up50% ... just came out of BK! IP: Logged |
dardadog unregistered |
posted December 08, 2003 09:42
60% ------------------ IP: Logged |
ve3avw Member |
posted December 08, 2003 10:03
.053x.055 was .03 this morning ... UP! 3Million in 30 minutes IP: Logged |
ve3avw Member |
posted December 08, 2003 10:05
+++++100% IP: Logged |
dardadog unregistered |
posted December 08, 2003 10:07
How sweeeeeet it is! Hope everyone's paying attention! ------------------ IP: Logged |
dardadog unregistered |
posted December 09, 2003 09:28
Nice gap again this morning. Could run a little. ------------------ IP: Logged |
dardadog unregistered |
posted January 22, 2004 03:17
Just brought this up for all to peak at...
January 21, 2004 17:24:59 (ET)
PrimeWire is an industry leading software Company servicing the technology needs of brokers, insurance companies, marketing organizations, payroll service bureaus and enrollment firms who provide third party benefit administration. PrimeWire's application, known as ASSETS(TM), manages all of the complex business rules for eligibility and enrollment, billing and reconciliation, as well as on-going change management for all aspects of an employer's employee benefit program. More than 55 products are currently built on the system ranging from medical insurance to pet insurance. Clients include MyBenefitSource, Corporate Services, Inc., Holmes Shaw, United Specialty Benefits and Communication Partners, Inc., Wahcovia Insurance Services, Ferguson Marketing, and TM Hogan among others. Robert Steele, PrimeWire's President, stated, "PrimeWire grew from 30,000 employees under management last year to over 130,000 this open enrollment season. Additionally, our application managed more than 755,000 individual benefit selections representing more than $450 million of benefit premiums. Our unprecedented growth forced us to look for a business partner, who could handle our anticipated growth of more than 450,000 employees under management by the end of 2004." Under the terms of the transaction, eNucleus' subsidiary Financial ASPx, Inc. will acquire software rights, client contracts, and all other assets of PrimeWire for the consideration of cash and stock. PrimeWire revenues for 2003 were $2.2 million with an adjusted EBITDA of nearly $500,000. Under the terms of the Agreement, PrimeWire will receive stock and cash consideration under a three year earn out with stock consideration priced at market upon the close of each of the subsequent 12 quarters. Particulars of the transaction can be found in the Company's 8K, which will be filed with the Securities and Exchange Commission concurrently with the close the transaction, scheduled for January 30, 2004. "We are thrilled to welcome Robert Steele and the PrimeWire team to the eNucleus family," stated John Paulsen, eNucleus' CEO. "Their robust application and industry knowledge provides eNucleus an unparalleled opportunity in attracting market share in this $45 Billion industry." "eNucleus provides PrimeWire with the opportunity to expand our reach into other vertical markets, build additional functionality, expand the company to meet market demands, and continue to meet current customer expectations," said Robert Steele, President of PrimeWire. About eNucleus eNucleus ( www.eNucleus.com ) is a next generation application company delivering robust software solutions to companies in specific market verticals. The seamless and immediate exchange of critical business information provided by our software solutions allows our clients to run their businesses with maximum efficiency and profitability. About PrimeWire PrimeWire, www.primewire.com , is a technology company specializing in the building of online applications for employee benefits administration. The company is unique because its solution integrates all aspects of benefits administration to all stakeholders including enrollment, communication, administration, customer service, and billing. Each stakeholder which includes employers, employees, brokers and insurance companies all have their own self-service module. The underlying technology is Microsoft's .NET technology. The information contained in this press release, including any "forward- looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 contained herein, should be reviewed in conjunction with the Company's annual report, financial filings and other publicly available information regarding the Company, copies of which are available from the Company upon request. Such publicly available information sets forth many risks and uncertainties related to the Company's business and such statements, including risks and uncertainties related to that are unpredictable and outside of the influence and/or control of the Company.
SOURCE eNucleus, Inc.
Copyright (C) 2004 PR Newswire. All rights reserved.
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