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CommercePlanet has become today a STRONG BUY from a german stock report! OBB-Online... itīs in german... but itīs good! every coverage is good.
today news:
July 26, 2006 - 9:18 AM EDT
Commerce Planet's OSI Books Over $500,000 From New Account
GOLETA, Calif., July 26 /PRNewswire-FirstCall/ -- Commerce Planet, Inc. (OTC Bulletin Board: CPNE) announced today that recently acquired subsidiary One Source Imaging (OSI) has booked over $500,000 in business from a new customer within the last 30 days.
Commerce Planet CEO Michael Hill stated, 'When we acquired OSI in June our main objective was to allow us to integrate our printing and fulfillment processes in-house as well as realize significant cost savings of approximately 15% and 40% respectively within these areas. In addition to lowering our costs, we have the added benefit of another business unit which is now also experiencing record growth.' He added, 'I believe the opportunities for Commerce Planet give us much to be excited about looking out through the remainder of the year and into 2007.'
The Company expects to file its 10-QSB for the period ending June 30, 2006 within the next week.
About Commerce Planet
Commerce Planet, Inc. is a full service online commerce and business solutions company. Through its websites onlinesupplier.com, buydiscount.com and mysoftwaretutor.com, and its subsidiaries One Source Imaging and Legacy Media, Commerce Planet provides ecommerce, business and media solutions, and loyalty club memberships.
Commerce Planet Posts Record Revenue & Net Income in 2nd Quarter; Profits Surge to $1.4 Million GOLETA, Calif., Aug 2 /PRNewswire-FirstCall/ -- Commerce Planet, Inc. (OTC Bulletin Board: CPNE) today announced record revenues and profits during the second quarter of 2006. Revenue for the quarter ended June 30, 2006 was $7,086,818 vs. $1,258,616 for the quarter ended June 30, 2005, a 460% increase. Net income during the quarter ended June 30, 2006 was $1,460,117 vs. a net loss of ($1,986,382) for the quarter ended June 30, 2005. The Company's complete financial results can be viewed in its Form 10-QSB filing for the quarter ended June 30, 2006.
Commerce Planet CEO Michael Hill stated, 'I am very pleased to report such outstanding performance to our shareholders. Clearly our momentum is continuing as sequentially from the first quarter our revenue more than doubled and our profits increased over 650%. In just six months of this year our $11 million in revenue and $1.6 million in net income, far exceeds our performance for all of 2005. Additionally, we recently announced year to date debt repayment of $2.2 million with cash flow from operations and with over $1.8 million in cash, the overall health of Commerce Planet has never been better.'
He added, 'Our goal as we progress into the second half of 2006 is to increase both the breadth and depth of our offerings by continuing to introduce additional products and services which assimilate seamlessly into our model without disruption to our processes or bottom line. Given the continued robust outlook for online commerce, I believe we are positioned perfectly for further growth well into the foreseeable future.'
About Commerce Planet, Inc.
Commerce Planet, Inc. through its websites 'commerceplanet.com', 'osimaging.com', 'onlinesupplier.com', 'buydiscount.com' and 'mysoftwaretutor.com', provides ecommerce solutions, printing, fulfillment, and thousands of high value products at significant savings to its online loyalty club customers and members.
To find out more about Commerce Planet, Inc. (OTC Bulletin Board: CPNE), visit our website at www.commerceplanet.com. The Company's public financial information and filings can be viewed at www.sec.gov.
Forward Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Contact: Michael Novielli Chairman Commerce Planet, Inc. mnovielli*commerceplanet.com ph (845)575-6770
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*********.com: The Pioneers of the STOCKUMENTARY, deliver the Movers and Shakers ****, Part 1
AUSTIN, Aug 03, 2006 (M2 PRESSWIRE via COMTEX) -- A very interesting indicator to look for is where the money is flowing into. We have a filter that we watch every morning that shows us "Dollar Volume". Here are a few of these stocks: (OTCBB: RESE), (OTCBB: CPNE), (OTCBB: CHNG), (OTCBB: IMNR)
(OTCBB: CPNE) Commerce Planet, Inc through its websites 'commerceplanet.com', 'osimaging.com', 'onlinesupplier.com', 'buydiscount.com' and 'mysoftwaretutor.com', provides ecommerce solutions, printing, fulfillment, and thousands of high value products at significant savings to its online loyalty club customers and members.
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Aug 03, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the Nasdaq exchange has brought Commerce Planet, Inc (OTCBB: CPNE) to the attention of our research team Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer. Shares up $.07 to a high of $.72 on the Bulletin Boards Thursday. Momentum comes as Commerce Planet, Inc. (OTC Bulletin Board: CPNE - News) today announced record revenues and profits during the second quarter of 2006. Revenue for the quarter ended June 30, 2006 was $7,086,818 vs. $1,258,616 for the quarter ended June 30, 2005, a 460% increase. Net income during the quarter ended June 30, 2006 was $1,460,117 vs. a net loss of ($1,986,382) for the quarter ended June 30, 2005. The Company's complete financial results can be viewed in its Form 10-QSB filing for the quarter ended June 30, 2006.
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Aug 03, 2006 (M2 PRESSWIRE via COMTEX) -- Today our stock watch alerts today include Featured Profiles for Cavico Corporation (OTC: CVCP), Viper Networks, Inc. (OTC: VPER) and stock alerts for T-Bay Holdings, Inc. (OTCBB: TBYH), Lifeline Biotechnologies, Inc. (OTC: LBTN), Raven Moon Entertainment, Inc. (OTCBB: RVEM), Commerce Planet, Inc (OTCBB: CPNE)
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Wall Street Capital Funding LLC: Hot Stocks to Watch! August 4, 2006
Weston, FLA., Aug 04, 2006 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: Titan Global Holdings Inc. (OTCBB: TTGL), QuoteMedia, Inc. (OTCBB: QMCI), EFJ, Inc (NASDAQ: EFJI), Zone 4 Play, Inc. (OTCBB: ZFPI) and Commerce Planet, Inc. (OTCBB: CPNE) Commerce Planet, Inc. (OTCBB: CPNE) up 13.8% on 2.4 million shares traded Commerce Planet, Inc. through its websites 'commerceplanet.com,' 'osimaging.com,' 'onlinesupplier.com,' 'buydiscount.com' and 'mysoftwaretutor.com,' provides e commerce solutions, printing, fulfillment, and thousands of high value products at significant savings to its online loyalty club customers and members.
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www.breakout***********: Breakout *********** Daily Movers for August 7, 2006 ATWT, PFNC, VSPC, CPNE, HRCT, AMTD
Aug 07, 2006 (M2 PRESSWIRE via COMTEX) -- premiere financial portal that brings a wealth of trading resources to smallcap investors, has compiled a list of stocks on the OTCBB, AMEX and Pink Sheet markets that have positive technical indicators and may provide continued trading opportunities for investors. Recent stocks of interest ATWEC Technologies (OTC: ATWT), ParaFin Corp (OTCBB: PFNC), Viaspace (OTCBB: VSPC), Commerce Planet (OTCBB: CPNE), Hartcourt Companies (OTCBB: HRCT), and TD Ameritrade (NASDAQ: AMTD) For a snapshot of active stocks updated every trading day, visit www.breakout***********.
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Commerce Planet Announces Final $500,000 Debt Repayment; Company Now Debt Free Tuesday August 8, 8:18 am ET
GOLETA, Calif., Aug. 8 /PRNewswire-FirstCall/ -- Commerce Planet, Inc. (OTC Bulletin Board: CPNE - News) today announced that it has made its final $500,000 debt repayment early than expected and is now free from any further long-term debt obligations. ADVERTISEMENT
Commerce Planet CEO Michael Hill stated, "Less than one year ago, we had well over $3 million in debt, due primarily to our main investor Dutchess Capital Management. They've been an outstanding, value-added investor over the past several years and for that I am grateful, but I can proudly say that we are now in a position of tremendous flexibility with our customers, vendors and banking relationships. In addition to lowering our cost of doing business, we've also eliminated significant interest expense which collectively should even further improve our bottom line performance as we progress forward."
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Wall Street, NYC, Aug 07, 2006 (M2 PRESSWIRE via COMTEX) -- Today The Street Alert (www.TheStreetAlert.com) is focusing on the following Companies (OTCBB: CCBEF), (OTCBB: CHDT), (OTCBB: MTNA), (OTC: PGDP), (AMEX: PAM), (OTCBB: CPNE).
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Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statem
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS.
On August 3, 2006 we amended our Articles of Incorporation to add a Certificate of Designation for Series D Convertible Preferred Stock. Each share of Series D Stock is convertible at any time, at the option of the holder, into .004167% of our Common Stock issued and outstanding at the time of the conversion. Each share of Series D Stock is entitled to the number of votes equal to the aggregate number of shares of Common Stock into which the holder's share of Series D Stock is convertible immediately after the close of business on the record date fixed for such meeting or the effective date of such written consent.
The foregoing description of the terms and conditions of the contract is qualified in its entirety by, and made subject to, the more complete information set forth in the Certificate of Designation filed as Exhibit 3.1, incorporated herewith.
This report may contain forward-looking statements that involve risks and uncertainties, including, without limitation, statements concerning our business and possible or assumed future results of operations. We generally use words such as "believe," "may," "could," "will," "intend," "expect," "anticipate," "plan," and similar expressions to identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
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GOLETA, Calif., Aug 28, 2006 /PRNewswire-FirstCall via COMTEX/ -- Commerce Planet, Inc. (OTC Bulletin Board: CPNE) today announced initial results of its launch of 'Buydiscount' through its Consumer Loyalty Group (CLG) subsidiary. Buydiscount is a leading high volume consumer-direct discount club, which offers a broad selection of top name brands at discounted prices. Commerce Planet CEO Michael Hill stated, "Buydiscount was launched as a stand alone product on July 28 and in just one month we've already enrolled over several thousand new members and the numbers are growing every day."
CLG Division President Chris Seidel stated: "We are extremely pleased with the response so far. Buydiscount now joins Online Supplier as a stand alone offering on our Legacy Network affiliate www.legacynetwork.com and we expect to see similar if not even better results from it over the coming months."
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.. next leg up coming week imo...
