posted
This is definitely a base. Shorting this week really took the wind out of SCOS' sails. We have reached a base now though. This has been the trend of SCOS for its few months. I see no need to panic for current shareholders and a great opportunity for potential buyers.
Posts: 48 | From: Vancouver | Registered: Dec 2003
| IP: Logged |
posted
Karate, That is a great buy. This stock has the potential to move very quickly. With PR today this will be a very strong day/week for SCOS. Here is the PR: 2004-11-15 09:02 ET - News Release
VANCOUVER, British Columbia -- (Business Wire) -- Nov. 15, 2004
Snocone Systems Inc. (OTCBB: SCOS) ("Snocone" or the "Company"), an innovator of wireless solutions, reports that the Company has signed a Letter of Intent (LOI) with SMART-TEK COMMUNICATIONS INC. (Smart-Tek) for a licensing and revenue sharing agreement to provide existing and potential customers of Smart-Tek with Snocone's 'RISKeye' mobile surveillance viewing technology. Smart-Tek is a market leader in integrated security and communication systems, specializing in the design, sales, installation and service of CCTV, access control, intercom and communications systems, security surveillance and monitoring systems. Smart-Tek has positioned itself as one of the outstanding integrated security and surveillance system providers in British Columbia, Canada. A partial list of Smart-Tek's clients include but are not limited to: The Vancouver Police Department, The Vancouver Port Authority, BC Hydro, ECON 911 Center for BC, The City of Vancouver, Concord Pacific Developments, Ledcor Industries and The Vancouver International Airport (YVR). Perry Law, Smart-Tek's President states, "In this day and age security is foremost on everyone's mind. Snocone's 'RISKeye' mobile surveillance technology is remarkable. The benefits of this technology are enormous and we look forward to introducing this technology to both our new and existing customer base. We are excited about the opportunity to offer our clients mobile security surveillance applications to deploy for a wide variety of uses. These applications will fit each client's particular portable and mobile security and surveillance viewing requirements." Snocone Systems is executing diligently on its business plans and objectives and is very pleased with the response it has received for its mobile security applications to date. The company anticipates closing on this latest licensing and revenue sharing agreement imminently.
About Snocone Systems Inc.
The wireless market was pioneered in Europe and Japan, and has come to North America in the past year with the availability of more advanced cellular phones and wireless carriers eager to develop new revenue streams. Recognizing this market opportunity, Snocone began exploring innovative wireless solutions two years ago with the aim of creating a portfolio of innovative revenue generating wireless technologies and applications. Snocone has developed or acquired wireless mobile applications that can be used in many areas such as Homeland Defense, mobile security, online entertainment, web monitoring, wireless mobile surveillance and professional sports to name a few. The Company looks forward to continually strengthening its base and bottom line through applications that it deems suitable to fit its strict criteria for extensive growth in major market sectors. Snocone's web site is located at www.snoconesystems.com.
posted
It was not a quarterly report. Also if it was goin out of business you'd see mass selling. I say give this stock time..its price is based on what people think it will earn..a huge contract can come out anyday.
Posts: 93 | Registered: Oct 2004
| IP: Logged |
what's the deal here?
unregistered
posted
KarateBoy,
Thanks for your input... I'm curious about your comment that it "was not a quarterly report"...perhaps there is something I don't understand, but the press release says Quarterly Report at the top (Under "Form 10QSB for Snocone Systems Inc") so how is not not a quarterly report?
Also, there release this morning about hiring an ice skater (and oh yeah, he does have some financial experience) to lead them seemed a bit ridiculous.
I guess I could be wrong.
Thanks again for your input, usually when I post no one responds (it's probably because I'm unregistered, but I've tried registering a couple times and the thing doesn't seem to work for some reason).
Thanks for your input... I'm curious about your comment that it "was not a quarterly report"...perhaps there is something I don't understand, but the press release says Quarterly Report at the top (Under "Form 10QSB for Snocone Systems Inc") so how is not not a quarterly report?
Also, there release this morning about hiring an ice skater (and oh yeah, he does have some financial experience) to lead them seemed a bit ridiculous.
I guess I could be wrong.
Thanks again for your input, usually when I post no one responds (it's probably because I'm unregistered, but I've tried registering a couple times and the thing doesn't seem to work for some reason).
posted
Maybe I responded to hastely. What i meant was it was not like a typical QR when compared to NASDAQ stocks. It did not mention gains from last quarter, and all the other stuff those report normally have.
I see it more as a statement about their overall condition and game plan
Made my $ on SIRI and am coming back into SCOS...shareholders seem slow to sell this stock. Can you help me understand why? I haven't seen much positive come from Snocone lately (but haven't followed it for too long). What are it's redeeming qualities and why are you holding it?
Thanks, ~River~
Posts: 154 | From: Chesapeake, VA, United States | Registered: Oct 2004
| IP: Logged |
posted
I'm back in...kept having to up my bid to make the buy.
If this stock continues in this uptrend next week, I know what I'm going to say I'm thankful for when it's my turn to speak at the table this Thanksgiving...KARATEBOY!
~River~
Posts: 154 | From: Chesapeake, VA, United States | Registered: Oct 2004
| IP: Logged |
TraderVic
unregistered
posted
Like this stock alot and think it will be amazing as they get this technology to mainstream, waytch for deal announcements to propel this much higher. Looks to be a solid buy here now folks.
IP: Logged |
posted
It's my understanding that this stock has just been under extreme shorting of market makers. Also when the price hit a certain level, it scared many investors who have not done much dilegence about this company.
I have bought some more today, and im going to celebrate well on thanksgiving.
My predictions:
Monday: $1.20+ (Atleast at some point of the day. The MM like to make the stock lose some ground last 30 minutes of the trading day.) Close will be $1.15+
Like i said before, this stock's popularity comes not only from the technology they are trying to implement but because they could announce a big contract with a major corporation anyday.
The only thing I wish I could do is have more funds available to buy even more.
My friend, Altezza, who might post here one day has gotten in @1.10, invested a BIG portion of his portfolio in here and when some of his funds settle he's coming in for more.
posted
yea i agree with the little volume it had over thanksgiving week we will see a nice move the support on this stock is very strong its the best time to get in at this low i see no reason why this stock would drop under its support and with the little volume it needs to move IMO
Posts: 5 | Registered: Nov 2004
| IP: Logged |
posted
2004-11-29 11:13:55 Snocone Inks Deal for its Cell Phone Surveillance Technology
> VANCOUVER, British Columbia, Nov. 29, 2004 (PRIMEZONE) -- Snocone Systems Inc. (OTCBB:SCOS) ("Snocone" or the "Company"), an innovator of wireless solutions, reports that the Company has finalized a license and revenue sharing agreement with SMART-TEK Communications Inc. (Smart-Tek) that provides existing and potential customers of Smart-Tek with Snocone's 'RISKeye' mobile surveillance viewing technology.
Under the terms of the deal, effective immediately, Smart-Tek will market and sell Snocone's 'RISKeye' mobile surveillance viewing technology to its existing and potential client base in exchange for a percentage of the revenues derived from the implementation and usage of Snocone's technology.
Smart-Tek specializes in integrated security and communication systems, including the design, sales, installation and service of CCTV, access control, intercom and communications systems, security surveillance and monitoring systems. Smart-Tek has positioned itself as one of the outstanding integrated security and surveillance system providers in British Columbia, Canada.
Perry Law, Smart-Tek's President, states, "We are pleased with the opportunity to open up new revenue streams by offering our existing and potential customers with Snocone's mobile security solutions for various monitoring applications. This will allow both companies to aggressively ramp up sales and revenues in the near term amidst the fast growing mobile monitoring sector. With Snocone's technology, our clients will have the peace of mind knowing they can monitor potential security risks and threats using their cell phones as monitors for a broad range of each particular customer's requirements."
A partial list of Smart-Tek's clients include but are not limited to: Econ 911 Center for BC, The Vancouver Police Department, The City of Vancouver, The Vancouver Port Authority, BC Hydro, Concord Pacific Developments, Ledcor Industries and the Vancouver International Airport (YVR).
Together, Snocone and Smart-Tek have researched and evaluated key market segments to focus on, particularly in the protection services monitoring arena, the large scale business and residential high-rise market as well as certain transportation agencies.
Vivian Kane, Snocone's President, comments, "Smart-Tek is providing Snocone with the opportunity to market and sell our mobile surveillance applications to their substantial customer base. We are fortunate to be working with a company that is well respected in the security business in British Columbia."
About Snocone Systems Inc.
The wireless market was pioneered in Europe and Japan, and has come to North America in the past year with the availability of more advanced cellular phones and wireless carriers eager to develop new revenue streams. Recognizing this market opportunity, Snocone began exploring innovative wireless solutions two years ago with the aim of creating a portfolio of innovative revenue generating wireless technologies and applications. Snocone has developed or acquired wireless mobile applications that can be used in many areas such as Homeland Defense, mobile security, online entertainment, web monitoring, wireless mobile surveillance and professional sports to name a few. The Company looks forward to continually strengthening its base and bottom line through applications that it deems suitable to fit its strict criteria for extensive growth in major market sectors. Snocone's web site is located at www.snoconesystems.com.
Safe Harbor Act Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward- looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at www.primezone.com/hs
CONTACT: Snocone Systems Inc. Vivian Kane, President 604-220-3249 info@snoconesystems.com
posted
I just took a look at the candlesticks. This baby has been wanting to go up the last couple of days. Last two symbols I have are a dragonfly ( symbolizes a reversal of downtrend) followed by a hammer ( which is bullish when appearing in a downtrend) Im thinkin there is life left, not a pumper though,, and Im pretty new at this,, Im still in ,,, rakin in on QBID right now so it doesnt really matter
Posts: 58 | From: Huntington, WV, USA | Registered: Nov 2004
| IP: Logged |
posted
I'm still in it to, I'm very suprised that this stock fell below $0.80 and that it's been suffering from such small volume.
I don't see what in the PR could you scared you, I didn't see on negative comment or statement in the entire PR, Pheonix.
As for wanting to go up-well-like I said before I'm suprised it went down. I was expecting 1.00+ by now. This stocks, with it low float, can soar fast but it just needs volume.
I can't explain why it isn't here.
On Level 2 we can see that the MM want this stock to go up, they're covered plenty of shares, and on the slightest purchase they start raising the ask/bid.
posted
I also was boggled when it dropped that low. Im actually thinking about buyin more now in hopes of it reaching 1.1 in next month,,, like you said,, just doesnt make since. Same thing with STKR ,, Ive held on to this baby for a while,, nothing but great PR"s that I know of,, and yet stock is slow to move, and occasionally drops. Lemme know if you can find something bout STKR that Im missin Karate.
Posts: 58 | From: Huntington, WV, USA | Registered: Nov 2004
| IP: Logged |
posted
Expecting good things sounds good enough for me,, thx Karate... oh, and are these good things enough to make you wanna buy $1,000 more of shares?
Posts: 58 | From: Huntington, WV, USA | Registered: Nov 2004
| IP: Logged |
quote:Originally posted by KarateBoy: Another day in the green.
OH,, and many more to come playa.. I got in at .77,, easily to double off that IMHO.. Im gonna watch this while QBID is steadyin off before its run next week
Posts: 58 | From: Huntington, WV, USA | Registered: Nov 2004
| IP: Logged |
deadjeep.com
unregistered
posted
Well I bought in @.91 I hope 2 hear more about this. Anyone have an opinion?
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
