posted
I have sent a few emails and they have answered. So they are not hiding from anything or anyone. That is a good sign. When a company is in trouble they don't answer phones or emails.
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take a look at RSI and MACD, Rsi is around 30 and macd is going to across. and if u read the candle sticks for the last two days..
That is a long lower shadow indicates that the Bears controlled the ball for part of the game, but lost control by the end and the Bulls made an impressive comeback.
I think this stock is going to fly very soon.
watch it and then make ur decsion
MORE FACTS ..."Consolidated revenues for the first quarter of 2005 were $347,616, representing a $339,616 increase from the prior year revenues of $8,000. A net loss of $33,525 for this period compared to a net Loss of $7,930 in the first quarter of 2004."
Premier Development & Investment, Inc. Reports Increased First Quarter '05 Results Friday May 13, 5:37 pm ET
DALLAS--(BUSINESS WIRE)--May 13, 2005--Premier Development & Investment, Inc. (OTC Bulletin Board: pdvn - News), in releasing its financial results for the quarter ended March 31, 2005, announces that its revenue performance improved compared to the equivalent period in the prior year. Consolidated revenues for the first quarter of 2005 were $347,616, representing a $339,616 increase from the prior year revenues of $8,000. A net loss of $33,525 for this period compared to a net Loss of $7,930 in the first quarter of 2004. Commenting on the results, Eric Boyer, President and Chief Executive Officer, said, "We are very pleased to report this substantial increase in operating revenue over the prior year's results. The $27,195 increase in operating loss is primarily attributable to $36,616 in depreciation expenses that did not exist a year ago. In the area of liquidity and capital resources, over the past year we have worked diligently at improving our balance sheet and increased our assets and have seen improvement in our asset to liability ratios, all in an effort to deliver improved return on assets for our shareholders"
Full details regarding the Company's performance and financial data for Q1 '05 can be found in the 10-QSB report, which was filed today with the Securities and Exchange Commission. A link can be found on the Company's website: http://www.premierdev.com/InvestorRelations under the tab, SEC Filings.
About Premier
Premier Development & Investment, Inc. is a publicly held developer and operator of theme-based restaurant and bar concepts. These concepts are developed internally and through partnerships with other restaurant developers with the intent of building them into full-fledged chains and franchise opportunities. Premier owns and operates the Player's Grille Restaurant and Bar(TM), a casual dining sports themed concept based in Florida. Premier Realty Holdings, Inc., a wholly owned subsidiary, operates Countrywide Realty Services, http://www.cw-realty.com , a full service commercial and residential listing brokerage firm specializing in selling, buying, or leasing properties and providing a full range of real estate services to the greater Miami and Southeastern Florida marketplace.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Premier Development & Investment, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the restaurant industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and prospective dealings and joint venture projects. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Premier. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and changes in federal or state tax laws. For a description of additional risks and uncertainties, please refer to Premier's filings with the Securities and Exchange Commission.
Contact: Premier Development & Investment, Inc. Investor Relations, 954-447-9268 ir@premierdev.com www.premierdev.com
and check this out
Time to get in~ in mroe today I have seen this before where a company takes a drop and makes adjustments before it tanks forward. This past two weeks has been the adjustment. There are people watching this stock so I know when it goes, it will run. The more a stock runs down for no reason the tighter the string on the rubber band gets. It will go once it stops meeting this resistence we have been having lately.
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich
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posted
I could see it happening. Seems this stock and SUPR are in a holding pattern, although I did see SUPR had a financial report out this morning.
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posted
company is definitly not in trouble,problem we have here is with them selling back and losing revenues from that part will in turn will drop your revs and eps.what i see is a company that is making money wich is good,but there revs and earnings dont dictate anything near what it was at.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
FemOne Announces First Quarter 2005 Earnings Results
Sales Up 700% From Same Period Last Year
CARLSBAD, Calif., May 17, 2005 /PRNewswire-FirstCall via COMTEX/ -- FemOne, Inc. (OTC Bulletin Board: FEMO), a publicly held Nevada corporation (the "Company"), reported consolidated sales for the quarter ended March 31, 2005 of $1,752,627, an increase of approximately 700% over the first quarter of 2004. The increase in sales in 2005 is primarily attributed to the growth of FemOne's technology division, BIOPRO Technology, since the first quarter of 2004. Gross profits for the quarter ended March 31, 2005 were $1,306,319, an increase of 703% over gross profits of $162,586 reported for the first quarter of 2004.
Consolidated net loss attributable to common stockholders for the quarter ended March 31, 2005 was $1,288,245, or ($0.04) per share, compared to a consolidated net loss of $588,477, or ($0.02) per share, for the quarter ended March 31, 2004. The increase in net loss in 2005 was directly attributable to an increase in expenses associated with the Company's expanded operations and efforts to continue its business growth. Included in the net loss for the 2005 period are other non-cash expenses of approximately $695,000, representing the amortization of charges incurred in connection with the Company's convertible debt financing.
Operating expenses for the quarter ended March 31, 2005 were $1,843,890, compared to $739,334 for the same period in 2004. The increase in operating expense was due to increases in commission expenses incurred on the increased sales, as well as increases in promotion and marketing expenses and increases in costs incurred as a publicly-reporting company. Operating expenses as a percentage of sales decreased to 105% for the quarter ended March 31, 2005, from 337% for the quarter ended March 31, 2004.
Included in the Company's consolidated results for the three months ended March 31, 2005 are revenues and expenses from its two controlled subsidiaries, BIOPRO Australasia Pty, Ltd, which operates the Company's direct sales effort in Australia and New Zealand, and SRA Marketing, Inc., which is responsible for all sales made over the Direct Response Shopping network. Each of these subsidiaries began their operations in the fourth quarter of 2004. Their revenues represent 23% and 16%, respectively, of the Company's consolidated revenues for the three months ended March 31, 2005.
Commenting on the results, Ray W. Grimm, Jr., the Company's chief executive officer, stated "To grow our revenues by some 700% within one year is extremely rewarding for us, and a great sign that the marketing efforts and initiatives we have implemented are being received favorably by our distributors and customers. We look forward to keeping this sales momentum and achieving profitability."
The information contained in this press release should be read in connection with the Company's Annual Report on Form 10-KSB for the year ended December 31, 2004, containing the Report from the Company's Independent Registered Public Accounting Firm that includes a qualification as to the Company's ability to continue as a going concern and other information necessary for an understanding of the Company, as well as its Quarterly Report on Form 10-QSB for the period ended March 31, 2005.
About FemOne, Inc.
FemOne, Inc. (OTC Bulletin Board: FEMO), based in Carlsbad, California is sales and marketing company with distribution in the United States, Canada, Australia and New Zealand. More information about FemOne and its products can be found on the company's web sites at www.femone.com or www.bioprotechnology.com, by e-mail at FEMOIR@femone.com or by calling FemOne Inc. at (760) 448-2498.
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward- looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward- looking statement.
These forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievement expressed or implied by such forward looking statements. In some cases, you can identify forward looking statements by terminology such as "may," "will," "should," "could," "intend," "expects," "plan," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of such terms or other comparable terminology. Although we believe that the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements.
FemOne, Inc. Summary Consolidated Financial Information
Statement of Operations Data: For the three months ended March 31, 2005 2004 REVENUES Sales $1,752,627 $219,491 Cost of Sales 446,308 56,905 Gross Profit 1,306,319 162,586
EXPENSES Order fulfillment costs 882,042 126,642 Sales and marketing 531,033 253,967 General and administrative 430,815 358,725 Total Expenses 1,843,890 739,334 LOSS FROM OPERATIONS (537,571) (576,748) OTHER INCOME (EXPENSES), net (712,380) (11,729) LOSS BEFORE MINORITY INTEREST (1,249,951) (588,477)
MINORITY INTEREST IN SUBSIDIARY (38,294) --
NET LOSS $(1,288,245) $(588,477) NET LOSS PER COMMON SHARE - Basic and Diluted $(0.04) $(0.02) WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - Basic and Diluted 36,501,773 26,198,509
Balance Sheet Data: March 31, December 31, 2005 2004 Cash $496,744 $720,468 Accounts receivable $87,707 $261,888 Inventory $614,880 $370,958 Intangible assets, net $230,908 $239,457 Net working capital $343,886 $882,613 Total assets $1,994,243 $2,309,186 Accounts payable and accrued liabilities $1,026,777 $643,959 Deferred Compensation $76,011 $76,011 Convertible notes payable, net $880,061 $473,336 Notes payable - related parties $650,009 $735,553 Total liabilities $2,632,860 $1,928,859 Minority interest in subsidiaries $81,817 $43,523 Total stockholders deficit $(720,432) $(336,934)
SOURCE FemOne, Inc.
CONTACT: Cindi Moore of FemOne Inc., +1-760-448-2498, FEMOIR@femone.com
posted
Well, even though some people shook and ran, R/S will reduce number of OShares, thus making the stock move faster in the future on share purchases.
Also, this makes the company get closer to being able to stay fully listed.
R/S is not always bad, not at all. Look at INSP - they did one, and soared afterwards.
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DALLAS, May 18, 2005 (BUSINESS WIRE) -- Premier Development & Investment, Inc. (OTC Bulletin Board: PDVN), announces that it will undergo a 1-for-200 reverse stock split. The Board has set the record date for the reverse stock split for Friday, June 3, 2005 and the effective date for Thursday, June 9, 2005.
At a special meeting of stockholders held on May 17, 2005, Premier's Board of Directors unanimously adopted and certain shareholders holding a quorum and subsequent majority of the our voting stock approved a resolution to effect the 1-for-200 reverse stock split (the "reverse split") of the Company's common stock. Also at this special stockholders meeting, the stockholders approved reducing the number of authorized common shares by 1,000,000,000 shares. Upon completion of the reverse split the number of authorized common shares shall be set at 250,000,000.
After giving effect to the reverse split, Premier's issued and outstanding common stock shall be reduced to approximately 339,620 shares from the presently issued and outstanding 67,924,069 shares. The reverse split will affect all shares of the Company's common stock, including those underlying any and all stock options and warrants outstanding prior to the effective date of the reverse split. Fractional shares will not be issued. A cash amount shall be paid, based on the stock price of the record date, on fractional shares and to shareholders that hold less than a share after the reverse split, in lieu of new shares.
Although the desired effect of the reverse split is an increase in the market price of Premier's common stock, no such increase can be assured or calculated. The market price of the common stock may not rise in proportion to the reduction in the number of shares issued and outstanding as a result of the reverse split, nor can there be any assurances that the reverse split will lead to a sustained increase in the market price of Premier's common stock. The market price of the common stock may also change as a result of other unrelated factors, including Premier's operating performance and other factors related to its business as well as general market conditions.
Eric Boyer, President and CEO of Premier, commented, "We believe that this reverse stock split is an important step in Premier's growth strategy. We believe a higher per share stock price will increase the visibility of the Company in the financial community and enhance our ability to complete raising the necessary funding we need to attain our goal of opening additional Players Grille locations this year and beyond, as well as allow us to move forward towards our goal of listing our common stock on a national stock exchange."
A new Premier trading symbol and CUSIP number will be announced on or around the effective date of June 9, 2005. Premier's transfer agent, Transfer Online, Inc., will handle transactions involving stockholders who hold physical certificates and exchange their old stock certificates for new stock certificates. Stockholders whose shares are held by their stockbrokers or with on-line brokerages do not need to submit old stock certificates for exchange.
-------------------- "The Americans will always do the right thing... After they've exhausted all the alternatives." - Winston Churchill
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posted
normally? dogfights don't end in death... when man is not encouraging a fight to the death? the losing dog usually lies on his back, exposes his throat, and urinates on himself....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by trading4life: I wonder what the share price will be after the r/s.
My guess:
If you're really lucky after the split the price will be back at $1.00. Which is the same as getting out at .05 now. GL to all to decide to go for it. I don't want to stay with any company that votes without telling the shareholders.
-------------------- If you don't sweat the pennies, you're not making any money.
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posted
Like all the stocks that I've seen do a r/s, they'll just start diluting again as soon as it occurs and the price will drop to about what is now.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse.
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