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Author Topic: ONGO
a surfer
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http://stockcharts.com/charts/gallery.html?ongo

I see a solid bottom bounce play here.
SOON!

10Q

http://www.sec.gov/Archives/edgar/data/1126302/000112630206000083/otg10qsb_octob er312006.txt

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Vinnie
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Very risky. I wouldnt dare touch without some movement first.
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a surfer
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Interview on Subpenny radio on tues. eve. 8 p.m.

with ceo.... FWIW.

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bullpicks6
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Yes, the interview should be good, especially since this thing is at or near a bottom, it should help toward the reversal...from what I hear this company has some strong news coming, definitely a good pick a surfer
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a surfer
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quote:
Originally posted by a surfer:
Interview on Subpenny radio on tues. eve. 8 p.m.

with ceo.... FWIW.

correction...
Interview tonight on Subpenny 8 P.M.

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paulbest
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wouldn't touch it either

--------------------
Do not invest on any of my suggestions

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a surfer
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thanks for sharing
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a surfer
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28 to 29 million O/S

Rev. of 30 mil. per year.

from the interview.


worth watching to find the bottom IMO..

At some point this will turn *.

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bullpicks6
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I think we might get it today...the turn.
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a surfer
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its funny to me how some companies are accepted with little or nothing to show yet others with real revenue are left by the roadside.
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bullpicks6
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well, you know what this market is...the Wild West, but in everything the cream always rises to the top, it's just taking this a bit longer than expected, once we get momo in the right direction this one will be rocking
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bullpicks6
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at it's bottom I might add some today
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abby33
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At a bottom? What makes you think that? It went to 6 1/2 cents a few weeks ago, and it looks like it is going there again. This stock has performed absolutely horribly, not to mention the reverse splits and then the dilution that follows which sinks the share price again and again. Nice touch, huh? Time for management to start thinking about the shareholders.
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Duncan Idaho
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Diluter. Vomit stock.

Common Stock,
$0.001 par value 50,000,000 $ 0.25 $ 12,500,000 $ 1,337.50

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001126302%252D07%252D000005%252Etxt%26filepath%3D%255C2007%255C01%255C16%255 C&symbol=ONGO

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abby33
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How did this close green today? I did not see many buys come through. It looked like block after block of stock was sold, all day long. When is the selling going to be over? I have a feeling we are going to see at least 26,000,000 outstanding soon.
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abby33
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How did this close green today? I did not see many buys come through. It looked like block after block of stock was sold, all day long. When is the selling going to be over? I have a feeling we are going to see at least 26,000,000 outstanding soon.
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abby33
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I think we may have hit the bottom folks. I am looking for a rebound today, to close in the black two days in a row. Earnings are due on Thursday, right?
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abby33
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Oh well here comes the 10K block dumping again.
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abby33
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Well there's our too familiar color - RED. I had actually thought we might be turning around, but the dumping continues. No rebounds so far for this stock, it just keep getting flushed downward.
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abby33
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Wom somebody is dumping lots of stock today.
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abby33
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Look at all of the stock getting dumped today. Close to 645 shares traded today. We could hit 1.5 million volume today. Bid was just lowered back into the 2 cent range. .029 now. What a joke of a stock.
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abby33
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I wonder who dumped all that stock this morning, and right before earnings no less. That'll give ya a warm and fuzzy feeling. lol.
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abby33
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.028 on the bid. What a bunch of worthless stock. At least if it goes to -0- I won't have to watch it go down anymore. This might be the worst performing stock all year. The selling is relentless, day after day after day.
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abby33
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How funny would it be if if the company decides to do another reverse split. If that happens I will write to the Canadian Securities Regulators and the SEC here. Once fine, twice is suspect, three times is BS, IMO. Oh, by the way, welcome back to the .02s.
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abby33
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Bid .026 x Ask .027 on the verge of another 52 week low. Am I the only sucker left holding this stock? Anybody else out there still holding?
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abby33
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.026 New 52-Week Low.
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abby33
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A hearty thanks to all those that bought in the last 10 minutes this afternoon. I guess I am not in this alone.
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a surfer
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.05 up 25%
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a surfer
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.055

OTG Posts a Strong Gross Profit of $1,441,414, an Increase of 300+% Over Q2 2006
Tuesday March 20, 7:30 am ET


CONCORD, Ontario, March 20 /PRNewswire-FirstCall/ -- On The Go Technologies Group (OTC Bulletin Board: ONGO - News; 'the Company', 'OTG'), a leading multi-industry computer hardware, software and systems integrator, announced today a Shareholder update based on the Company's Q2 2007 10QSB filed Friday, March 16 with the Securities and Exchange Commission. A copy of the filing is available for viewing at http://www.sec.gov/Archives/edgar/data/1126302/000112630207000019/0001126302- 07-000019-index.htm (Due to the length of the URL, it may be necessary to copy and paste this link into your browser).
ADVERTISEMENT


2007 year to date has been a solid continuation of strength of sales and outside debt reduction, as well as establishing a greater presence in the North American IT market via smarter business practices and more unique sales and service solutions. We remain focused on achieving profitability as we continue to increase our margins and reduce our overall costs of doing business.

Highlights outlining comparatives of the quarter and six month period ending January 31, 2007 and 2006 are as follows:

- Revenues for the quarterly and six month period ending January 31, 2007 were $5,923,984 and $13,310,201 respectively, as compared to $7,010,685 and $13,207,196 for the three and six months ending January 31, 2006.

- The primary reason for revenues remaining essentially the same over the periods measured was that the Company has been more selective in the orders taken and is focused on transactions that are more innovative in the industry, thereby generating higher margins.

- Cost of sales decreased significantly to $4,482,570 and $11,008,264 for the three and six months ended January 31, 2007 from $6,558,607 and $11,589,056 for the periods previous in 2006. The decrease was due to the overall decrease in transactions as a result of the Company seeking more innovative solutions.

- As a result, Gross Profit increased appreciably to $1,441,414 and $2,301,937 for the three and six month period ending January 31, 2007 from $452,078 and $1,618,140 the periods previous, for a quarterly increase of over 300%.

- OTG's Selling, General and Administrative Expenses decreased to $1,732,547 and $3,240,810 for the three and six months ended January 31, 2007 from $1,738,333 and $3,334,883 for the three and six months ended January 31, 2006.

- OTG continues to evaluate overall staffing needs and other administrative expenses in order to determine how to operate and grow the business efficiently at reduced costs. To date, the Company has reduced staff from 83 to 46 with little effect on the strength and credibility of year to date sales.

- There was further a decrease in the Company's net loss to $814,800 and $1,844,403 for the three and six months ended January 31, 2007 from that of $2,308,587 and $2,904,661 for the three and six months ended January 31, 2006.

OTG President and CEO Stuart Turk remarked, "We continue to increase our sales and service revenues and, importantly, our gross profit, but remain concentrated on both eliminating external debts -- as with our recent announcement about our early complete payment of the promissory note attached to Island Corporation -- and streamlining all operational costs and expenditures. We are further concentrating heavily on providing more unique and value added sales and service solutions industry wide. It's our intention to become the preeminent VAR in the North American market. New clientele and organic growth, along with associated higher margins, remain strong, as does the path to producing positive cash flows and increasing shareholder equity."

About On The Go Technologies Group

On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector. OTG and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, SGI, Extreme Networks and Adobe; OTG Digital Media & OTG Creative, prominent systems integrators in the U.S. and Canadian digital entertainment industry; OTG Healthcare, compiling digital solutions and networks for the diagnostic medical community; OTG Research, providing solutions to the education, funding and research communities; and in-house multimedia studio Go Motion + Design, have established themselves as a respected and sought after industry competitors. The Company's intention is to maintain sustained growth in the years to come via continued organic development in its existing divisions and an aggressive acquisition schedule.

For more information, visit http://www.otgtech.com or http://www.otgtech.com/video.

To view a company profile, visit http://www.otgtech.com/pp.pdf . To be added to On The Go Technologies Group's e-mail list for company news, visit http://www.otgtech.com/new_site/inv_pkg_form.htm .

This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as "expects," "believes," "anticipates" and "intends." Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company's ability to finance its planned expansion efforts; the company's ability to manage its planned growth; and changes in regulations affecting the company's business and such other risks disclosed from time to time in the company's reports filed with the Securities and Exchange Commission. The company does 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 management's expectations, except as required by law.


--------------------------------------------------------------------------------
Source: On The Go Technologies Group

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abby33
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We've traded over 1/3 of the float today alone. Think about that!

But, it's slowly selling off now. I wonder if this is going back to 3 cents.

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abby33
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Oh well it sold off for the most part. This stock is nothing but a disappoinment. Looks like we are going back to 3 cents.
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abby33
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Back to .035. I think I've finally come to realization that this stock is a big p*s. I would sell it all if I had any choice, but I lost almost everything invested here so what's the point. I can always take the tax loss in December. Good luck to anybody that invests in this stock, you need it after looking at the 1 year chart.
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