posted
This will be huge for the summer.Get it now because when the hurricames hit this will go near $2 fast.Closed over $3 at the end of last august .Season about to start so now is the time!
Posts: 249 | From: NY | Registered: Mar 2006
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I got out yesterday at .38 and back in today at .33 - probably sell tomorrow as I think it'll take a break. Might see the .40's though before it does.
-------------------- ......in Psychiatry circles it's known as a "warning sign" Posts: 1736 | From: Saint Louis | Registered: Jul 2005
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NLST---->Better be ready because when Tropical Storm (AKA Hurricane Alberto) forms this one is going to tha ______(Well if you conisder tha moon $1+)_________!!!!
Posts: 48 | From: TEXAS | Registered: May 2006
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Nice sell! I sold * .37 on Monday...wish i grabbed on dips, cuz it rebounded quite nicely! Oh well...there'll be more opportunites for all to make some nice $$$ with NLST up to and into hurricane season.
Posts: 323 | Registered: May 2004
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LOOKING FOR GOOD PICK? If you are looking for hot picks, check this out ==> ********..com. I have done pretty well with their daily email alerts.
We might be down today, hope it will go back up soon. By the way, get your hot stock picks and some investment ideas from ********.COM. to gain back some money!
Posts: 2 | Registered: May 2006
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quote:Originally posted by Livinonklendathu: effing bid whackers killing the run
You kids are in too early.. Even the hurricane watch websites aren't reporting yet. This is just a little "sheep run" happening here before the real one, I think
-------------------- the market is not your mother Posts: 1282 | From: Montreal | Registered: Mar 2006
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Man! I could'nt get back my 20K of 80K shares I sold yesterday at .37 I had my chance early this morning, but I thought it might dip to .33 I think tomorrow this might see the 50's as a high maybe. I hope it dips back to the 30's so can get my 20K back I sold. Not much selling going on with this.....folks are holding for the june run and then the big one in august.
-------------------- GSUS - Eternal 100 Bagger! HCPC - my favorite potential into December Posts: 525 | From: nashville | Registered: Jun 2005
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Well we're still looking good after close. Maybe they're saving a close at .40 or above for Friday? I got in at .34 and id love to see this go to at least 1.50.
Posts: 5 | Registered: May 2006
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If we want to make money on this stock, I think it would be best to accumulate our positions gradually, quietly, and keep kicking pumpers in the nuts as soon as we spot them.
NLST may just do well this summer, but it isn't time to make noise yet.
-------------------- the market is not your mother Posts: 1282 | From: Montreal | Registered: Mar 2006
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posted
what you mean....I'm up $9k on this play from getting in at .22
premature??? nice premature gain - june 1st coming right up and hurricane plays will be inthe forefront of people's minds.....
you have to consider getting in ealry, sicne these are beeing talked up ealry, unlike last year, when they sprung sudeenly........these will trade differently this year....
-------------------- GSUS - Eternal 100 Bagger! HCPC - my favorite potential into December Posts: 525 | From: nashville | Registered: Jun 2005
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National Storm Management, Inc. Reports Results for 2005 Year Revenues up Sharply Wednesday May 24, 6:41 pm ET startups in new markets contribute to net loss
GLEN ELLYN, Ill.--(BUSINESS WIRE)--May 24, 2006--National Storm Management, Inc. (PINK SHEETS:NLST - News) today reported results for the fiscal year ended December 31, 2005. Revenues rose 21 percent to $15.2 million. However, the company reversed its history of yearly profits to post a net loss of $1.6 million, or four cents a share.
Gains in revenues came primarily from Florida operations following hurricanes in that state. Costs of $1.1 million to open five new offices (in Florida, Mississippi and Minnesota) during 2005 contributed to the net loss. Sales of $500,000 from developmental offices in Mississippi and Minnesota had little impact on 2005 revenues, yet are expected to generate up to $12 million in 2006. For the year, National Storm reported revenues of $15,153,760, up sharply from $12,486,913 in 2004. Net loss for the year was $1,642,075, or four cents a share with 42,245,088 basic weighted average common shares outstanding. This compares to net income of $65,952, with zero earnings per share based on 34,000,000 average common shares outstanding.
"We are pushing for rapid growth and that means making significant investments in locations that meet our criteria. We expect the development expenses of 2005 to pay off in the current year and the future," said Terry Kiefer, National Storm's president and CEO. "The Mississippi and Minnesota operations are prime examples of this as they did not benefit our financial results last year but should make a contribution to both top and bottom lines in 2006."
A second key factor impacting last year's results was timing relating to Hurricane Katrina. "National Storm is not in the first round of post-Katrina rebuilding," Mr. Kiefer said. "First-stage restoration is in the central area of total destruction. We locate our offices 50-100 miles out of a city, where there is less damage. In this exceptional Katrina situation, insurance companies have devoted their resources to helping those who have been hit the hardest and our market area has been slow to get their attention. We are seeing this attention now. Although there is a lag between insurance company approval and completion of the work, Katrina-related work will have positive impact on our financials in 2006.
"Overall, we expect solid growth in 2006, especially beginning in the third quarter. Our investments in new locations should pay off and the exceptional delay relating Katrina will be behind us. We continue to seek acquisitions, although there is a lot of room for internal growth at this point as well," Mr. Kiefer said. One example of internal development is the Company's Illinois operation, ABC Exteriors expansion into Indianapolis.
The company also said it is moving forward toward its plan for National Storm to expand its liquidity and recognition in the financial markets. It is currently preparing to register the outstanding shares of its common stock and become an SEC reporting company.
National Storm Management is an expanding national construction company specialized in storm restoration management that works closely with affiliates in seven states. The affiliates are: ABC Exteriors (Illinois), ABC Exteriors (Indiana), Pinnacle Roofing (Orlando, Vero Beach & West Palm Beach, Florida), MSM Builders and Remodelers (Missouri), WRS, Inc (Minnesota), First Class Builders (Maryland), Pinnacle Roofing (Mississippi), First Class Roofing and Siding (Ohio) and Pinnacle Roofing (Louisiana). The company and its affiliates are recognized by all major insurance companies such as State Farm, Allstate, Farmers and many others for storm related claims. The Company is also a member of the National Roofing Contractors Association (NRCA) and the Better Business Bureau.
FORWARD-LOOKING INFORMATION
Certain statements included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, the company's expectations for future revenue and earnings growth, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations and actual results could differ materially depending on the a number of factors, including, but not limited to, our ability to develop and supply products and services that meet defined specifications, availability of supplies and materials, the occurrence of harsh weather that results in additional demand for our services, our ability to develop a significant non-seasonal revenues, the specific timing of when the insurance industry's attention focuses beyond those areas hardest hit by Hurricane Katrina to the areas where the company has established offices, the ability of the company to arrange delayed payments with various creditors, the ability of the company to raise sufficient capital on economically viable terms, interest rates, adverse outcomes in litigation, and the occurrence of casualties common to the repair and restoration of buildings. We do not undertake any duty to update any forward-looking information contained in this press release.
National Storm Management, Inc.
Consolidated Balance Sheets
December 31, 2005 2004 ---------------------------------------------------------------------- Assets
Current Assets Cash and cash equivalents $ 41,150 $ 72,643 Accounts receivable (less allowance of $41,498 and $98,540 respectively) 664,984 1,386,271 Salesmen & Management advances 70,010 272,675 Inventories 165,076 429,452 Costs of uncompleted contracts in excess of related billings 554,410 97,065 Prepaid commissions 45,223 114,193 Other current assets 180,114 41,534 ----------------------------------------------------------------------
Total Current Assets 1,720,967 2,413,833
Property, Plant and Equipment, net 307,952 388,270 Intangibles 5,000 95,083 Deferred tax asset - net of valuation allowance 587,727 -- Other 97,004 43,600 ---------------------------------------------------------------------- Total Assets $ 2,718,650 $ 2,940,786 ----------------------------------------------------------------------
Liabilities and Stockholders' Equity
Current Liabilities Billings on uncompleted contracts in excess of related costs $ 789,281 $ 1,417,382 Accounts payable 1,654,690 1,145,426 Current portion on long term obligations 1,118,275 34,443 Other current liabilities 76,254 64,857 Deferred intangible payments -- 100,000 ----------------------------------------------------------------------
Total Current Liabilities 3,638,500 2,762,108 Non-Current Liabilities Term loans, net of current portion 34,891 148,941 Other long--term obligation -- 500,000 ----------------------------------------------------------------------
Total Liabilities 3,673,391 3,411,049 ---------------------------------------------------------------------- Commitments and Contingencies Stockholders' Interest Common stock, $.001 par value; 200,000,000 shares authorized; 49,113,903 and 34,000,000 shares issued and outstanding as of December 31, 2005 and 2004, respectively 49,114 34,000 Paid in capital 1,142,484 ---- Accumulated deficit (2,146,338) (504,263) ---------------------------------------------------------------------- Total Stockholders' Equity (954,740) (470,263) ----------------------------------------------------------------------
Total Liabilities and Stockholders' Equity $ 2,718,650 $ 2,940,786 ----------------------------------------------------------------------
National Storm Management, Inc.
Consolidated Statements of Income
Year ended December 31, 2005 2004 ----------------------------------------------------------------------
Operating Costs and Expenses Material and direct labor costs 9,652,180 7,678,047 General and administrative expenses 7,477,402 4,142,123 Depreciation and amortization 202,889 397,795 ----------------------------------------------------------------------
Total Operating Costs and Expenses 17,332,471 12,217,965 ----------------------------------------------------------------------
Income from Operations (2,178,711) 268,948 ----------------------------------------------------------------------
Other Income (Expense) Interest expense (91,222) (5,303) Cost associated with reorganization and merger -- (171,291) Impairment of advances - related party -- -- Other, net 40,131 (20,331) ----------------------------------------------------------------------
Total Other Income (Expense) (51,091) (196,925) ----------------------------------------------------------------------
Income before Income Taxes (2,229,802) 72,023
Provision (Benefit) for Income Taxes (587,727) 6,071 ----------------------------------------------------------------------
Net Income $(1,642,075) $ 65,952 ----------------------------------------------------------------------
Pro Forma Information (Unaudited)
Income before Income Taxes -- 72,023 Pro forma tax provision -- 25,928 ----------------------------------------------------------------------
Pro forma Net Income $(1,642,075) $ 46,095 ----------------------------------------------------------------------
Basic earnings per common share $ (0.04) $ 0.00 ------------ ------------
Basic weighted average common per share outstanding 42,245,088 34,000,000 ============ ============
National Storm Management, Inc.
Consolidated Statements of Stockholders' Equity
Common Stock -------------------- Additional Par Paid - In Retained Stockholders' Shares Value Capital Earnings Equity ----------------------------------------------------------------------
Balance, January 1, 2004 25,751,670 $25,752 $- $(314,052) $(288,300) Net income - - 65,952 65,952 Distributions paid - owners - - (247,915) (247,915) Common stock issued upon incorporation of NSMS, Inc. 8,248,330 8,248 - (8,248) - ---------------------------------------------------------------------- Balance, December 31, 2004 34,000,000 $34,000 $- $(504,263) $(470,263) Net income - - (1,642,075) (1,642,075) Issuance of stock & stock options for professional fees 6,800,000 6,800 746,200 - 753,000 Acquisition of assets of N.S.M. Inc. 6,000,000 6,000 (1,000) 5,000 Common stock issued 2,313,903 2,314 397,284 - 399,598 ----------------------------------------------------------------------
Balance, December 31, 2005 49,113,903 $49,114 $1,142,484 $(2,146,338) $(954,740) ----------------------------------------------------------------------
National Storm Management, Inc.
Consolidated Statements of Cash Flows
Year ending December 31, 2005 2004 ---------------------------------------------------------------------- Cash Flows from Operating Activities Net income (loss) $(1,642,075) $ 65,952 Adjustments to reconcile net income to net cash provided by (used in) operating activities Depreciation and amortization 202,889 397,795 Allowance for doubtful accounts -- 49,585 Deferred income tax benefit (587,727) -- Stock and stock options issued for professional fees 253,000 -- Changes in assets and liabilities Accounts receivable, net 721,287 (561,035) Advances 202,665 (247,137) Inventories 264,376 (429,452) Uncompleted contracts (1,085,446) 1,185,456 Prepaid commissions and other assets (140,325) (140,009) Accounts payable 479,210 602,006 Other current liabilities 11,397 (43,269) ----------------------------------------------------------------------
Net cash provided by (used in) operating activities (1,320,749) 879,892 ----------------------------------------------------------------------
Cash Flows from Investing Activities Capital expenditures (81,807) (230,972) Decrease in other long-term liabilities (500,000) -- Acquisition of intangibles (100,000) (311,355) ----------------------------------------------------------------------
Net cash used in investing activities (681,807) (542,327) ----------------------------------------------------------------------
Cash Flows from Financing Activities Distributions paid - owners --- (247,915) Increase in note payable 1,000,000 --- Issuance of common stock 899,598 --- Principal proceeds (payments) for term loan 71,465 (17,007) ----------------------------------------------------------------------
Net cash provided by (used) in financing activities 1,971,063 (264,922) ----------------------------------------------------------------------
Net Increase (Decrease) in Cash and Cash Equivalents (31,493) 72,643
Cash and Cash Equivalents, beginning of year 72,643 -- ----------------------------------------------------------------------
Cash and Cash Equivalents, end of year $ 41,150 $ 72,643 ---------------------------------------------------------------------- Cash paid for taxes $ -- $ 864 ---------------------------------------------------------------------- Cash paid for interest $ 91,222 $ 5,303 ----------------------------------------------------------------------