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Homeland Integrated Security Systems, Inc. to Receive Purchase Order Financing Through Capital Resource Funding, Inc. Thursday July 14, 8:30 am ET
ASHEVILLE, N.C., July 14, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) is pleased to announce that it has received a commitment from Capital Resource Funding, Inc. to provide commercial financing services. Capital Resource Funding will provide purchase order and receivables financing to fund Homeland Integrated Security Systems' current growth projections.
``The funding programs that CRF facilitates will empower HISC to acquire orders and offer payment terms, where the only restrictions are their client's trade limits. With government orders, HISC will truly have unlimited funding capabilities on all approved purchase orders,'' said David Koran, President, Capital Resource Funding.
This type of financing will enable HISC to accept new orders, regardless of size, and have the funding available to cover any up front costs necessary to fill each order. Furthermore, this will allow HISC to offer attractive payment terms to their current and future clients, without having any potential credit limit issues. Purchase order financing rates range from 3% to 6% of the purchase order amount, and receivables financing ranges from 1% to 2.5% per 30 days.
Capital Resource Funding, Inc., located in Charlotte, NC, has multiple years experience in the commercial finance industry. David Koran has a banking background with First Union (now Wachovia Corp.) and BB&T.
Homeland Integrated Security Systems recently announced that it received a blanket purchase order from Pro Sec, a Middle Eastern security company, for 5000 Cyber Trackers at a base price of $499.99 per unit. The order translates to $2.5 million for the hardware, which does not include subsequent fees for the software and service. Homeland Integrated Security Systems will begin shipments to Pro Sec in the fourth quarter of 2005.
``The Purchase Order financing from Capital Resource will assist us with our most recent Purchase Order, as well as help us to continue to finance our growth and profitability,'' stated Frank Moody, CEO of Homeland Integrated Security Systems.
-------------------- If all goes well then great, if not, make it work. Posts: 2562 | From: Louisville, KY | Registered: Feb 2005
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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wanna hear something really,really stupid? I sold mine at .026, cuz i thought it wouldnt move for awhile. 10 min after i sold the pr came out and it has risen steadily. I kept thinkin it would come back down so i could get back in but it hasnt. so i bought MSEP instead. I am such a figgin idiot that i make myself sick!
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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posted
Anyone know when HISC will move to the OTCBB?
I'm in this one for the long term. They seem to have the recipe for success... supply/demand, an innovative product, and washington insiders!
Posts: 33 | From: Charleston | Registered: Feb 2005
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The CEO recently said in an interview that he expects to be on OTCBB before the 4th quarter
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Wow... looks like as soon as someone sells another one buys...keeping it around .08---wish I had more money to invest, I'd be buying too.
Posts: 33 | From: Charleston | Registered: Feb 2005
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I bought some at 0.043 and I just bought more at 0.070, anyone has an idea of where the roof may be for this stock?
Thanks
-------------------- "If you want the ultimate, you have to be willing to pay the ultimate price" Posts: 16 | From: Louisiana | Registered: Jul 2005
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posted
Closed @.083 HOD for the day. This could be a monster gapper Monday...especially if there is a pre-market PR....
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Huge gap up this morning...should continue to test .10 today...
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- "If you want the ultimate, you have to be willing to pay the ultimate price" Posts: 16 | From: Louisiana | Registered: Jul 2005
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posted
Hit .10 early on a quick run up, retracing a bit to fill gap on early run up. Should resume uptrend later this morning IMO
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Traders Nation: Traders Nation(tm) Television - debuts today! 7/18/05
Phoenix, Arizona, Jul 18, 2005 (M2 PRESSWIRE via COMTEX) -- Stocks covered on the show Traders Nation (07.15.05) include: Q Television Network (otc: QBID), Global Environmental Energy Corp (otcbb: GEECF), Cord Blood America Inc (otcbb: CBAI), Homeland Integrated Security Systems Inc (otc: HISC), and Cyberlux Corporation (otcbb: CYBL).
Traders Nation Network and Traders Nation(tm), the largest syndicated "live" radio and television talk show for smallcap stocks under the parent company of Desert Son Media Corp., is pleased to announce its television debut, in partnership with Streetcast Television, a simulcast televised version of its popular radio show. The show will debut July 18th, 2005, 11:00am EST at http://www.tradersnation.com/video.shtml and http://www.streetcast.tv.
Kurt Schemers, creator of Traders Nation(tm) and President of Desert Son Media Corp., says, "Fans of Traders Nation(tm) now can watch the show via the internet and through cable stations across the country." Schemers further states, "Going to television is a natural progression for us, the demand for quality smallcap financial content is strong and Traders Nation(tm), the leader in this space, will meet that demand. In coordination, we look forward to growing our television presence with our new partner Streetcast Television - they share the same professional broadcasting ideals we have."
The Traders Nation(tm) Network: TradersNation.com hosts a network of nationally syndicated financial radio talk shows through various forms of broadcasting methods. Daily, web site visitors, listeners, affiliates and financial content distribution companies are able to access the most up to date market news, alerts and overall market commentary.
The Show named "Traders Nation(tm)": Multiple segments make up the 'LIVE' hour-long program where listeners gather daily to hear the latest smallcap news of the day and scheduled guests, from industry experts and CEO's. Traders also share investing, trading strategies and potential hot stock plays swirl throughout the call-in portion of the show.
- Traders Nation Television through our partner Streetcast Television is currently seen 4 days each week on America One Cable, a 24-hour broadcast network that provides programming to over 30 million households via 127 broadcast affiliate stations located in 40 states.
- Traders Nation(tm) broadcasts are fed on the New York ABC's Starguide Satellite System which can be received by over 4,000 radio stations across the United States. Our station affiliates capture Traders Nation(tm) for either a simulcast or rebroadcast of the show. http://www.tradersnation.com/program_clock.shtml - Traders Nation(tm) is currently syndicated online with 119 sites carrying the show and is broadcasted on WTAN 1400AM & WZHR 1340AM in Tampa, Florida and KWAI 1080AM in Hawaii.
- Traders Nation(tm) is heard by tens of thousands of end users via QuoteStream online financial software.
- Traders Nation(tm) is Apple's iTunes only pre-select financial talk show listed.
- TradersNation.com is the developer of ProXstream, a media player for the active trader. Traders can now access alerts, news, quotes, SEC filings, charts, free level II, and a variety of interviews and live radio talk shows that are fresh right from the Traders Nation(tm) studios. http://www.tradersnation.com/proxstream.shtml View and Listen At: http://www.tradersnation.com Download Archive Information: http://www.tradersnation.com/store.shtml
Caller Line: 1-866-SMCAPPS / 1-866-762-2777
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
0.11 @ 10:15 a.m. CST. Volume so far is 37,859,571.........this is sweet!!!
-------------------- "If you want the ultimate, you have to be willing to pay the ultimate price" Posts: 16 | From: Louisiana | Registered: Jul 2005
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Whats up guys? Does anyone have any ideas. Is thing going into the 1.00 range eventually or should we be thinking sell at .2 or .3. Im in all profit now. Glenn
-------------------- Bigfoot, I want to believe Posts: 413 | From: USAF | Registered: Jun 2005
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-------------------- "If you want the ultimate, you have to be willing to pay the ultimate price" Posts: 16 | From: Louisiana | Registered: Jul 2005
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-------------------- "If you want the ultimate, you have to be willing to pay the ultimate price" Posts: 16 | From: Louisiana | Registered: Jul 2005
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I have unsettled funds to work with.. What do ya'll think??? If i buy now I'm stuck in this stock for 4-5 days... Thanks for the help glta
Posts: 41 | From: charleston sc | Registered: Mar 2005
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0.1350 @ 1:33 pm CST. 57.83% CHG for the day..... I am hoping it continues this trend. I do not see it slowing down in the very short term.
-------------------- "If you want the ultimate, you have to be willing to pay the ultimate price" Posts: 16 | From: Louisiana | Registered: Jul 2005
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posted
Homeland Integrated Security Systems Signs Exclusive Distribution Agreement with Implant Sciences
CyberNoze to Distribute Explosives Detection Equipment for Security Threats In Lebanon
ASHEVILLE, N.C., Jul 19, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC), a leading provider of wireless security solutions and products for national security and industry, announced today the execution of an exclusive distributor agreement with Implant Sciences Corporation (AMEX:IMX) for the marketing, distribution, and service of Implant's revolutionary Quantum Sniffer handheld and desktop explosives detection equipment. The Quantum Sniffer will be distributed through the Homeland Integrated Security Systems CyberNoze security division. HISC has taken delivery of units for introduction into its exclusive territory of Lebanon, and will seek to expand the geographic presence of the CyberNoze promoted explosives detection product throughout the Middle East. Implant's Quantum Sniffer technology is clearly differentiated from competitive products as a result of being a non-contact device that detects most explosives vapors directly, as opposed to hand wiping of all trace explosives particles, as competitive products presently do. In countries such as Lebanon, having regional instability and anti-terrorism issues, CyberNoze will promote this technology for use in the detection of trace residues of explosives materials for aviation and transportation security, protection of high threat facilities, infrastructure, customs and border protection, and cargo screening.
Dr. Anthony J. Armini, PhD., CEO of Implant Sciences, commented, "We are pleased to form this alliance with Homeland Integrated Security Systems which will facilitate the introduction and distribution of our explosives detection technology through the CyberNoze division. This alliance will broaden the reach of distribution into international territories considered to be at a high risk to threat of terrorist attacks."
Mr. Frank A. Moody II, CEO of Homeland Integrated Security Systems, stated, "We believe Implant has a trace detection technology which is considerably different from the competition, and is rapidly gaining exposure in the international arena as a superior explosives detection product offering. We anticipate rapid acceptance of this important security product through our CyberNoze distribution channels in Lebanon which could lead to significant orders."
Mr. Moody further commented, "With the recently announced appointment of Barry Bennett to head our Homeland Security Advisory Board, we believe CyberNoze is also poised to further promote the Quantum Sniffer based explosives detection products within the U.S. Homeland Security marketplace."
About Homeland Security Integrated Systems, Inc.
Homeland Integrated Security Systems owns proprietary technology and patent rights to innovative and sophisticated security products for national and international security and industry. Among the key target markets are the 361 commercial seaports in the U.S. which are vulnerable to criminal penetration. The Company is now accepting pre-orders for the Cyber Tracker at www.hissusa.com.
About Implant Sciences
Implant Sciences, incorporated in 1984, is using its core ion technology to develop, manufacture and market products for the homeland security, semiconductor and medical device industries. The Company has developed and commercialized portable and bench-top trace element detection devices to identify explosives. In addition, to its other cancer treatment products the Company recently received an FDA 510k approval for its new radioactive source for the use in the treatment of breast cancer. For further details on the Company and its products please visit the Company's website at www.implantsciences.com.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- "If you want the ultimate, you have to be willing to pay the ultimate price" Posts: 16 | From: Louisiana | Registered: Jul 2005
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