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BarPoint.com, Inc. and Fundever, Inc. - Owner of Schoolpop, Inc. Finalize Merger Thursday February 19, 8:15 am ET New Management Team Assumes Control
ATLANTA, Feb. 19 /PRNewswire-FirstCall/ -- Fundever, Inc. announced that it completed its previously announced merger with BarPoint.com, Inc., and Schoolpop, Inc. in a reverse merger transaction. BarPoint.com issued 68,250,111 shares of its common stock as consideration. After payment of the stock dividend payable to pre-acquisition stockholders, new stockholders own approximately 71.9% of BarPoint.com common stock outstanding. BarPoint.com, currently traded under (OTC Bulletin Board: BPNT - News), intends to change its name to Schoolpop Group, Inc. in the near future and then change its trading symbol.
BarPoint.com's new management team consists of Paul Robinson, Fundever cofounder, chairman and chief executive officer; Mickey Freeman, president; Curtis Ramsey, chief financial officer; Drew Schulz, chief technology officer; and Stephen Avalone, Fundever co-founder and chief marketing officer. The seasoned management team brings entrepreneurial, technology and general management experience in the education, software, and technology arenas, with an emphasis on sales, marketing, and rapid-growth businesses.
Paul Robinson said, "Schoolpop targeted a strategic acquisition and with this transaction completed, we are pleased to be become a public entity. As high speed wireless technologies evolve, Schoolpop's management team sees the unique potential of BarPoint.com's intellectual property to boost our existing online, offline and gift card shopping."
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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BPNT - BARPOINT.COM (OTCBB) Date Open High Low Last Change Volume % Change 02/19/04 0.2600 0.3000 0.2600 0.3000 +0.0390 70330 +14.94%
Composite Indicator Trend Spotter (TM) Buy
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Sell 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: - Hold 20-Day Average Volume - 289785
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 75% - Buy 50-Day Average Volume - 129114
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 86725
Overall Average: 56% - Buy
Price Support Pivot Point Resistance
0.26 0.17 0.28 0.39
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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quote:Originally posted by gmoney: BOOM! Going up on the elevator up with me anyone?
Well, that elevator will be stopping at every floor up .39 cents. Quite a bit of buys went thru at those prices. People are sure to sell. I am holding, maybe others will do the same so the elevator can head right up to the penthouse. - Marty
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