posted
I checked the times and sales....there was a last trade seconds before the close for 25,000 shares at 1.35 (the ask). Also there was another one for 28,000 sharees at 1.21. Overall, I think a lot of the volume was most likely front loading by insiders or by people in the know as the trades were larger than the average trader would buy.......good sign imo!
Now they seem to have everything in place to build a solid company. Now with a little exposure (as its new to the markets), people are realizing the potential.
Management (CEO) has been very successful with other start up companies that were bought out. IMO he knows what he is doing, they have made all the right moves and now we should be seeing some PRs to start building shareholder value and building a solid company.
The company's product is ready to be unrolled to the US, Europe, Japan and others.....all to come soon.
The product is unique and there is a demand for their service. Even SKYPE (E-BAY) uses their translator (live) service as an add on.
I think people will start to find out and hear CNTN more often in the months to come.....
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posted
nice buying near the close.... 23,000 shares of the 41,000 of today's volume was bought at the ask between 3:38 & 3:53 pm
it opened up this morning just about at the support level of 1.50 and moved up from there.....
tomorrows trading will confirm if this was the successful bounce/test of support before retesting the resistence at 1.70ish for a possible break out on the next leg.......
Posts: 433 | Registered: Jun 2004
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posted
queenie..... you say you got the shares about 6 months ago. So this means you were in it before the reverse merger?
I have been in for a long time but truely believe it will more than pay off for the wait.
I like your optimsism in that you see it heading to $2 but I see it going much much higher........as the story unfolds we will get a better idea of just how high. I know management is very dedicated and are working hard in building a solid compnay.
Insiders own over 80% of the outstanding shares so they owe it to themselves to build something good and create shareholder value!
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Continan Communications Announces Strategy for Corporate Growth
LOS ANGELES, Feb 23, 2007 /PRNewswire-FirstCall via COMTEX/ -- Continan Communications (OTC Bulletin Board: CNTN), a telecommunications holding company providing innovative technology solutions to bridge global communications, announced today that it has completed its recent corporate re-organization efforts which concur with reaching fund raising milestones with its current capital formation efforts. The diligent re-organization process enables the company to create an intelligent structure for its fund raising activities that dovetail adequately with its revised product launching plan. In addition, Continan is actively seeking synergistic acquisition targets to diversify the company's holdings and to strengthen the new Continan Communications brand. Continan is the parent company of VocalEnvision, Inc. a company whose Vocalyz(TM) wireless product is expected to be released in several markets later this quarter. Vocalyz(TM) is the first of many wireless solutions being released by the Continan subsidiary, and comprises a "personal cellular phone" for travelers, business professionals and other proxy users.
The Vocalyz(TM) wireless service includes an on-demand tele-concierge feature, which offers live "native language" assistant to provide a variety of travel related services to its customers. In addition, the company will offer customers a travel kit that bundles travel insurance with its Vocalyz(TM) International phone service. The Vocalyz(TM) wireless service is designed so users can travel abroad with the maximum feeling for personal security and an "always-on" connection to familiar language-based content.
VocalEnvision is positioning itself to lead the way into a growing, multi- million dollar and virtually untapped International travel market that has not seen a comparable competitor on the service landscape.
"We are excited about our plans, and are optimistic about the future of Continan," stated Claude Buchert, President and CEO of Continan. "Our recent restructuring has been very helpful in our fundraising efforts, and we expect to raise three million dollars of private placement equity by the end of March." To date, Continan has raised approximately one million dollars through private placement.
Claude Buchert continued, "In addition to post-restructuring financing, our VocalEnvision subsidiary is actively finalizing our international network agreements for the deployment of our products and services within the major networks of various regional and global telecommunications companies. We plan to target multiple levels of distribution starting in the second quarter to fulfill the travelers' needs for International mobile phone communications, in-language value added content."
Vocal Envision, a subsidiary of Continan Communications, is a pioneer in the field of international wireless telecommunications. The company focuses its unique services on the international travel market and is dedicated to helping people communicate better when traveling in a foreign country. The company provides mobile phone users "native-language" contents and services directly to their mobile handset. Vocal Envision, through its patented wireless services and solutions platform, allows customers to enjoy significantly lower costs than roaming while knowing they have the security of a native-language tele-concierge at their fingertips. Vocal Envision maintains its network operations and primary customer service center at its Los Angeles headquarters and has strategic relationships with several service networks throughout the United States, Europe, and Asia.
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Continan Communications are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward- looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Continan Communications and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For investor relations information, contact: Gabe Sandler Sandler Communications Inc. Tollfree: 866-772-0118 Email: info*sandlercommunications.com http://www.sandlercommunications.com
posted
chart looks primed and ready for the next leg up........this one should take it to the 200 DMA and from there we will see!
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posted
Queenie....you still in?? I look forward to this week as I think it could be good. Last week wed, thurs & fri it traded higher than usual volume and on friday mid afternoon it strongly recovered from a dip prior to the close.
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