posted
SCXC Fridays chart .007 strong support MACD turning upward. RSI turning up & touching 50 line. Volume down & selling looks to be ending. In January this stock was around .05. This is is on my watch list.
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SCXC just beginning its' BOUNCE, methinks! - Strong volume coming in this morning - now @ .01 Watch for a break over the .01 - VERY significant with nothin' but the blue-sky above it to at least .02
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5 MMs on SCXC Bid now... Holding very nicely during lunch. Possible run past .01 today? If not, soon i'm sure. Will be huge if .01 breaks...sure run to .02 area, imo. Todays' accumulation not for nothin'.
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<Calamaria>
unregistered
posted
SCXC,Nice one today! This could really breakout here soon.Looks like it had a nice move before some early profit with the MM's shaking out the weak.Looks like it's day 1 of a nice breakout for them.Could possibly see some more big moves from here.imo.
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posted
SCXC is up nicely today after having flirted with .01 yesterday. Has broken through that resistance and is now at HOD of .12! Was a confirmed buy A/H yesterday by American Bulls....good candlestick site. Looks very good from here all the way to .20 Something must be in the works for this movement....keep on watch!
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Looking good so far,I'm surprised it didn't have a little sell off this morning.Bid support is looking good as well..015 could be a key breakout level,would love to see it hit it.
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posted
I know I have watching it before i got in and major buying all at the ask, hope the volume continues into the aft, could very well pop.
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lil' dip here for SCXC... now .008 x .01 great opportunity to grab some, which I just did @ .01 - have a feeling the party is only beginning, and we are likely to see further momentum quite soon. Keep your news-alerts active for this one, folks.
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Sciax Signs Letter Of Intent With RMD Dance Inc. Thursday April 21, 8:00 am ET
BAY CITY, MI and TORONTO--(MARKET WIRE)--Apr 21, 2005 -- Sciax Corp. (Other OTC:SCXC.PK - News) announced today that it has signed a Letter Of Intent to acquire 100% of RMD Dance Inc. ADVERTISEMENT
The Letter of Intent that has been signed today marks the first success of a business strategy that Sciax Corp. has been pursuing for some time. This strategy is expected to result in further acquisitions as Sciax continues to evolve its business model.
"The focus of the acquisition strategy is to provide increased shareholder value from the resulting diversified operations portfolio of the corporation," stated Nitin Amersey, Chairman. "While we remain focused on our defense interests, Sciax felt that a broadening of our product mix would aid in offsetting the sporadic nature of our defense product activities." He added, "RMD Dance represents a performer in the field of the performing arts with significant works in progress."
Giorgio Costonis of RMD Dance Inc. stated, "We are pleased with this opportunity and look forward to working with Sciax Corp. as it diversifies its business activities."
About Sciax
Sciax is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. (Other OTC:SCXC.PK - News). www.sciax.com
Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include, military and law enforcement agencies of the US and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
About RMD Dance Inc.
RMD has experienced good success on the international level with its dance hits and productions involving a variety of styles by many well-known artists. RMD has produced a wide variety of music including Pop, World Music, Hip Hop, Rock, Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have collaborated with some of the most influential names in the music scene today such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend Bill Evans.
RMD Dance Inc., managed by KC Flightt, Giorgio Costonis, Freedom Williams, Fred Rollins and Mark Davis, specialize in the production of riveting remixes, and original pieces that have world appeal. Their goals are to produce the ultimate dance music experience. RMD is also known for producing and promoting dance music events around the world and is recognized as the "Weapon of Choice to Move the Masses," pushing the limits of sound thru talent, creativity and hard work.
This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc. and Sciax Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, and all other forward looking statements be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.
posted
SCXC - great news. Glad to see they're taking steps towards diversifying their revenue potential.
Currently holding in the .01 area. Several buys at Ask thi morning, then predictable selling on news ....watching for rebound this afternooon.
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Predictably for SCXC, there was some selling after the great news this morning....causing dip below .01 - but now only 1 MM left at that Ask, and I fully expect SCXC to rebound and re-establish .01 as support.
Chart indicating it has found the bottom, and is likely to begin reversal, as several indicators are looking bullish.
They've taken only their FIRST step towards their business plan today, with more acquisitions and more revenue streams likely on the way...a VERY good hold at the .01 area, imo.
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posted
We have a nice base here and I'm looking for some more updates from them.Looks like,from recent news,they are delving into other areas and looking to improve shareholder value.Key support area here,if we can hold this I think tomorrow we could see some nice moves.
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