quote:Originally posted by VIP: CLSI is listed on Berlin-Bremen Stock Exchange.
someone please write to the company and tell them to delist .
otherwise this stock is **** big time.
Done, I spoke with Stanley Wilson and he was unaware of the listing and assured me he will look into this. I would suggest any serious share holders to call with questions, he had a lot of good things to say about his company and especially how he feels the Park By Phone will do in the future.
Don't expect any press releases from this guy about the Berlin-Bremen listing. I got the impression he is not into press realeases with the exception of major anouncements. He said he does not want to nor does he believe in pumping his company's stock. Good luck to all
[This message has been edited by Tman (edited May 24, 2004).]
[This message has been edited by Tman (edited May 24, 2004).]
[This message has been edited by Tman (edited May 24, 2004).]
DENVER--(BUSINESS WIRE)--May 27, 2004--Clancy Systems International, Inc. (OTCBB:CLSI), a leading developer of parking enforcement solutions, announces it has posted net income of $48,599 for the quarter ended March 31, 2004. The financial statements consolidate reporting for the Company's US and Puerto Rican operations.
The Company also announces the installations of comprehensive parking citation issuance and processing systems for several new clients during the quarter. These cities include Myrtle Beach, S.C.; Wrightsville Beach, N.C.; and East Lansing, Mich.
Stanley Wolfson, President, states: "We continue our record of ending each quarter in a profitable position. We look forward to a more positive financial position from our involvement with UTS, Puerto Rico, and reduction of debt from that operation. Our U.S. operations continue to grow and our internet services (REMIT-ONLINE.COM AND PERMIT-SALES.COM) continue to expand daily
posted
the quarterly results is "old news", but the very interesting part of this PR is the announcement of deals with 3 new municipalities. good news, and i expect more and more of these announcements in the future. clsi may move slower than other stocks, but i like their chances to pick up more and more business in future months and years.
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posted
This was just emailed to me this evening. I have not had time to do my own research, but just thought I would share with you on Allstocks in case any is helpful. I do not presently own CLSI - but will check into it.
Here is the Email: The following comes as a Pick from one of our members. We do not make this a habit of presenting other Picks, but in this situation, I do like the Company and the story behind this one. WE ARE NOT BEING COMPENSATED IN ANY MANNER .. We present this Pick as one I like and i think others may indeed see some of the things I like about this Company.
Clancy Systems International (BB:CLSI) manufactures state of the art parking systems. Clancy systems provide complete solutions from ticket processing to collecting payments. Clancy Systems has been in the parking industry for 16 years, unprecedented for a penny stock where average life of is very limited.
In the age of government debs, municipalities are looking for any revenue they can get. An integrated and fully automatic parking system will greatly improve their revenue. More municipalities are catching on to the ideal.
NASCAR, NHRA, Major League Baseball, and the U.S. National Parks System are said to be interested in Clancy's product. These are potential 8 figure contracts ($10+ million). If it goes though then it will be explosive for this stock and will go straight to AMEX because the company really wants to list on the AMEX or NASDAQ small cap. It is not a far off goal.
Right now there is a general consensus among share holders that this company is desperately undervalued. People are talking about at least 10 cents per share. The management is committed not to ever split shares either way and have been pretty outspoken about that.
The share structure is as followed. * The total share count is 365 million * Insiders hold 183.8 million * Float is 181.2 million * 176 million of the total shares are restricted
Clancy is getting noticed, there has been 5 contract signing since March 2004. This will only make the balance sheet look really good. Clancy has virtually any debt, except for 1 international company they own which will be debt free in the upcoming quarters. This company is and has been in the past, profitable, which is very unusual for a penny stock.
Contracts since March: * Bay Area Rapid Transit (BART), Oakland, CA * Los Angeles Metropolitan Transit Authority (MTA) * City of Clearwater, Florida * St. Petersburg Tampa Florida
Earnings growth is currently calculated at 151%. Clancy generates $3.14 million in revinue with $2.02 million in gross profit.
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