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Check out the chart. Broke resistance .10 on Friday. Usually runs for 3 days or longer! Expecting a nice open product release is coming sometime beginning of April. http://stockcharts.com/gallery?PLKC
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We all make mistakes, I appreciate all your posts Im new in this game so I ask quite a few questions trying to get the drift..Thanks
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News out today. Preparing for product distribution! Bouncing off the 50Ma again.
ATNG Announces Settlement Tuesday April 6, 12:49 pm ET
FENTON, Mich.--(BUSINESS WIRE)--April 6, 2004--ATNG Inc. (OTCBB:ATNG - News) announced today that all parties involved in the Involuntary Petition for Bankruptcy have either submitted documents to withdraw their motions or signed a settlement agreement with ATNG. "We are pleased about the settlement agreements", says Robert Simpson, Chairman-CEO of ATNG Inc. "When I joined ATNG there was approximately $6,000,000 in payables plus significant pending legal issues. The payables (old debt) have ostensibly been reduced to less than 3% of what we inherited from the previous management. Most of that remaining 3% has not been validated."
A motion for Court approval of the settlement will be filed as a joint request of counsel for ATNG and counsel for the petitioning creditors. The completion of the aforementioned settlement is subject to approval of the Court. Completion of the settlement should occur after notice to ATNG's creditors and a Court hearing.
Operating expenses have been reduced by over 90%; nearly all of the old debt is settled; revenues are beginning to grow and profits are predicted in the foreseeable future. The Company shall continue to do its best to settle with the few remaining creditors that have verifiable debt, and to fight for the benefit of its shareholders and investors. ATNG will now resume acquisition activities.
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Wow! This does look pretty good. Consolidating above all MA's as of 11:00a.m. Also, in a recent PR, dated 3/03/04 I believe, a beta test was well recieved by potential customers for the MLU's. After the test PLKC mentioned a possible "commercial launch of the product in the first half of April". Hopefully strong consolidation will continue and a possible news release next week could push it up to new highs.... Nite's freaking me out a little on the level 2's but if volume picks up Im definetly in this one!!
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quote:Originally posted by BroBro: Wow! This does look pretty good. Consolidating above all MA's as of 11:00a.m. Also, in a recent PR, dated 3/03/04 I believe, a beta test was well recieved by potential customers for the MLU's. After the test PLKC mentioned a possible "commercial launch of the product in the first half of April". Hopefully strong consolidation will continue and a possible news release next week could push it up to new highs.... Nite's freaking me out a little on the level 2's but if volume picks up Im definetly in this one!!
Here's the PR dated 3/03/04...... CUMMING, Ga., Mar 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- PlanetLink Communications Inc., ( PLKC ), a provider of satellite-based products and services announced today that it had begun official beta testing of its PlanetTRAKS GPS product. The beta testing phase will be conducted with a select group of potential commercial customers that have expressed a strong interest in using the product for vehicle fleets.
Over the past month early stage field-testing of the product was successfully completed in two geographic locations, Atlanta, Georgia and San Antonio, Texas. During this phase, twelve PlanetTRAKS units were installed on personal vehicles owned by people affiliated with PlanetLink and Karta Technologies, its technology development partner -- six in each geographic location. "I am pleased to announce that our field-testing phase was a huge success. Not only have we demonstrated the effectiveness of PlanetTRAKS, but the feedback and suggestions from our users and those that viewed our live interactive Web site have served to further refine and improve our product dramatically," said M. Dewey Bain, president of PlanetLink Communications Inc.
"We are now well ahead of schedule and are progressing rapidly toward commercial launch of our product now expected in the first half of April, 2004. We are making good progress with several potential customers as we begin to set timelines and focus on production and delivery in the near term," said Bain.
PlanetLink is developing a family of GPS-enabled Mobile Locator Units (MLUs) under the PlanetTRAKS name, designed to communicate real-time location data and other information over the General Packet Radio System (GPRS) to a secure Internet server. Customers may then access that information via a password-protected web site in order to track vehicles and other assets. San Antonio, Texas-based Karta Technologies Inc., an industry leader in IT, engineering, training and program management services is leading the R&D effort.
PlanetLink, headquartered in Cumming, Ga., has three primary business segments based on satellite-enabled technology. Providing the consumer both products and services, PlanetLink businesses include: DISH Network (satellite television), StarBand (High-Speed Internet Access) and Global Positioning System (GPS) personal tracking devices. PlanetLink's goal is to become a single-source dealer / distributor of technologically advanced, satellite- based products and services. With a strong and growing product offering and brand name, PlanetLink is building this unique category into a class all its own.
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PLKC should have a great week. Trading between support and resistance. Bouncing off the 50 MA, Following a nice upper trend line.
Big news expected this week PR stated that GPS system would be for sale the first half of April. The first half of April will be over by the end of the week! Here's the Pr this news came from: http://biz.yahoo.com/prnews/040303/law016_1.html
PlanetLink Communications Launches TransTRAK in International Commercial Market Wednesday April 14, 8:30 am ET
CUMMING, Ga., April 14, 2004 (PRIMEZONE) -- PlanetLink Communications Inc., (OTC BB:PLKC.OB - News), a provider of satellite-based products and services, announced today that it has launched its TransTRAK GPS tracking product. ADVERTISEMENT
Based on an unexpectedly strong interest in the product from foreign markets, the Company has opted to make it commercially available for large-scale businesses in Mexico, in advance of its full launch in the U.S. market.
``We are eager to make TransTRAK available to both consumers and businesses in the U.S. and abroad. In the interest of capturing the highest short-term revenues and long-term contracts, we have decided to launch our GPS tracking product in Mexico first, where we have strong interest from some of the country's leading industrial organizations,'' stated PlanetLink Communications CEO, Mr. Dewey Bain.
The Company is currently in late-stage negotiations with two Mexican organizations. One is an electric utility with 72,000 trucks that need GPS tracking devices. PlanetLink is in the process of installing 15 test units in this prospective customer's trucks. The other organization is Mexico's largest bus company with a fleet of 10,000 buses and trucks needing tracking devices. PlanetLink is now installing 10 devices for testing with this bus company. These two potential customers together have an immediate need for 82,000 TransTRAK units.
PlanetLink Communications is currently customizing its TransTRAK system to meet specific local requirements, including software modifications.
PlanetLink is developing a family of GPS-enabled Mobile Locator Units (MLUs) under the PlanetTRAKS name, designed to communicate real-time location data and other information over the General Packet Radio System (GPRS) to a secure Internet server. Customers may then access that information via a password-protected web site in order to track vehicles and other assets.
About PlanetLink Communications
PlanetLink Communications Inc., headquartered in Cumming, Ga., has three primary business segments based on satellite-enabled technology. Providing the consumer both products and services, PlanetLink businesses include: DISH Network (satellite television), StarBand (High-Speed Internet Access) and Global Positioning System (GPS) personal tracking devices. PlanetLink's goal is to become a single-source dealer/distributor of technologically advanced, satellite-based products and services. With a strong and growing product offering and brand name, PlanetLink is building this unique category into a class all its own.
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PlanetLink Communications Forms New Subsidiary PlanetTRAKS Inc. to Focus on Marketing GPS-Tracking Products Thursday April 15, 8:30 am ET
CUMMING, Ga., April 15, 2004 (PRIMEZONE) -- PlanetLink Communications Inc. (OTC BB:PLKC.OB - News), a provider of satellite-based products and services, announced today that it has formed a new subsidiary, PlanetTRAKS Inc. PlanetTRAKS will focus solely on the commercialization and marketing of the Company's PlanetTRAKS branded GPS tracking technologies. ``Having recently launched the first of our GPS-tracking products in the international commercial marketplace, we wanted to create a subsidiary that focuses exclusively on exploiting the domestic and international opportunities in the tracking device market. Our subsidiary will bear the same name as our product in order to build greater brand awareness. We are very excited about our PlanetTRAKS family of products and our ability to leverage new technologies to offer our services at very competitive rates,'' stated PlanetLink Communications CEO Mr. Dewey Bain.
In addition to developing GPS-based tracking products, PlanetLink Communications also offers satellite-based television and Internet access. In response to its success in developing the PlanetTRAKS system, as well the present market opportunity in this niche, the Company is focusing more of its efforts and activities on developing its line of GPS-tracking products.
The Company is developing a family of GPS-enabled Mobile Locator Units (MLUs) under the PlanetTRAKS name, designed to communicate real-time location data and other information over the General Packet Radio System (GPRS) to a secure Internet server. Customers may access information via a password-protected web sit, or any other Internet-enabled device, in order to track vehicles and other assets.
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Market Pulse Breaking News Alert for Thursday, April 15, 2004: LPLHA -- LocatePLUS Subsidiary Inks Deal to Bundle Patent-Pending CareerScreen With Leading Online Resume Distribution Service! 4/15/04
ATLANTA, GA, Apr. 15, 2004 (MARKET WIRE via COMTEX) -- Market Pulse News Alert for this AM, Stocks to Watch are: LocatePLUS Holdings Corp. (OTC BB: LPLHA), PlanetLink Communications Inc. (OTC BB: PLKC), Metal Storm Ltd. (NASDAQ: MTSX), and Arizona Aircraft Spares Inc. (OTC BB: AZAA).
Investors need to be watc hing LocatePLUS Holdings Corp. (OTC BB: LPLHA) this AM! LocatePLUS is an industry-leading provider of public information and investigative solutions that are currently being used in Homeland Security, anti-terrorism and crime fighting initiatives! LocatePLUS has had several excellent news announcements out lately and one before today's opening bell. This could be excellent news for investors!
LocatePLUS Holdings Corp. (OTC BB: LPLHA), an industry-leading provider of business-to-business and business-to-government investigative solutions, announced today that the Company's Entersect subsidiary has entered into a marketing alliance with BLASTmyResume.com, a resume marketing and distribution company with approximately 7,000 subscribing recruitment professionals.
According to the agreement, Entersect's patent-pending employee pre-screening and resume verification service, CareerScreen(TM), will be bundled with BLASTmyResume. BLASTmyResume helps job seekers gain maximum exposure to their resume and assists recruiters, headhunters, and corporations in finding the quality employees they need to stay competitive. The service distributes an individual's resume to the Company's proprietary membership base of roughly 7,000 recruiters, who are seeking qualified job candidates.
Geoffrey Lee, president of Entersect Corp., stated, 'This agreement marks a significant step towards strengthening our national brand recognition among recruitment professionals and is a perfect example of how the CareerScreen recruitment tool can be strategically marketed alongside existing product offers. We expect the result of this relationship to increase sales of CareerScreen among our key customer base of job seekers.'
Craig Minyard, president of BlastMyResume.com, said, 'The recruiters within our network are serious about their business and want targeted results. Entersect's CareerScreen resume verification service delivers a new level of security to our recruitment network with a next-generation identity validation screening tool. CareerScreen allows job seekers to verify that the information contained in their resume is correct and qualifies that a job seeker is who he says he is. We expect this marketing alliance to be a successful new measure in connecting job seekers with hundreds of top-notch recruiters.'
About BLASTmyResume.com
BLASTmyResume.com, based in Dallas, is a resume marketing/distribution company with over 7,000 subscribing Recruiters, Headhunters, and Direct Hiring Companies. BLASTmyResume has created a system that allows job seekers to proactively market their resume to 1,000's of recruiters with just a few clicks. Providing this service through a number of job related sites has led BLASTmyResume.com to a leadership position in a rapidly growing market. More information about BLASTmyResume can be found by visiting http://www.BLASTmyResume.com.
About Entersect
A wholly-owned subsidiary of LocatePLUS Holdings Corp., Entersect is a specialized provider of online information products and services to the human resource and career portal markets. The Company's latest product, CareerScreen(TM), is a patent-pending resume verification service marketed through national and international partnerships. Current channel partners include the nation's leading job site, CareerBuilder.com, Staffpointe, JobSniper; SalesJobs; and CollegeRecruiter. Leveraging the proven technology and market appeal of CareerScreen, Entersect recently developed TrustMeID, allowing individuals using online dating portals to perform self identification checks to verify their backgrounds. Entersect is based in Santa Ana, CA with regional sales capabilities throughout the West. For more information, visit http://www.entersect.net.
Stocks acting well as of late include: PlanetLink Communications Inc. (OTC BB: PLKC), Metal Storm Ltd. (NASDAQ: MTSX), and Arizona Aircraft Spares Inc. (OTC BB: AZAA).
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somethings up! Looks like a lot of sales promise, more than I've and others have expected! Yet, it is dropping hmmm....
The drop yesterday occurred on lower volume and same this morning.
With the Pr, it looks as if they will be anouncing sales #'s in Mexico soon. They have already started trials for these companys and must be close to a deal or they probably wouldn't have mentioned them.
I'm still expecting this to soar, I may load more myself. This was at .09 before the PR. Thats a major reason I feel this may be a last shake out of week hands.
Just my thoughts
Keith
quote:Originally posted by Sigma_1966: Are there lots of people bailing out ?