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TS&B Holdings, Inc. Announces Plan to Enter $5 Billion Dollar Interactive Gaming Industry
new york, Fla., Apr 29, 2004 (PRIMEZONE via COMTEX) -- TS&B Holdings, Inc. ("Company" or "TS&B") (TSBB) today announced it has entered into preliminary talks to acquire online gaming software from Chimera Technology Corp. ("Chimera") (Pink Sheets:CNOC) (http://www.chimeratechnology.com). TS&B subsidiary, TS&B Gaming & Entertainment Corp., intends to develop an Online Casino and Website that will include blackjack, roulette, craps, pai gow and slots, among others. The Company will continue to review other potential acquisitions and software as talks continue with Chimera Technology Corp. TS&B Gaming & Entertainment Corp., a wholly owned subsidiary, was created solely for the purpose of positioning the Company in the $600 billion dollar Gaming Industry. The CEO of TS&B Holdings, Inc. James E. Jenkins stated, "we are very excited about the opportunity with Chimera. Interactive gaming or 'iGaming' as it is commonly referred to, has quickly become the internet's second most profitable business environment. Millions of people the world over have discovered an exciting, safe and convenient form of virtual entertainment accessible from the comforts of their home, 24hours a day, 7 days a week." According to industry analysts iGaming as a global industry has in fact become so large, so fast, that analysts from the likes of Bear Sterns and Datamonitor have been forced to reevaluate annual growth forecasts. Conservatively pegged at $5 billion today, the iGaming market is predicted to be somewhere in the neighborhood of $7-10 billion next year, with the stunning forecast of US $125 billion for the year 2015
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The BID has been inching up slowly, 1 tick at a time... from .0058 to .0062 now
Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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StockTechs.com “Tech Alert” TS&B Holdings (OTCBB: TSBB) StockTechs issues alerts based on technical analysis and is a free service
(PRWEB) June 4, 2004 -- TSBB has been trading near its all time lows recently, and has been discovered by the market as an undervalued stock with tremendous growth potential.
Technical Analysis Alert TSBB is currently trading in the .006 to .008 range, down from a recent high of .05 this past February. Technical analysis of the stock shows TSBB is on the verge of a reversal.
1) The MACD fast line has been diverging from the slow line for the past 10 trading days, and is on the verge of breaking the signal line, which would indicate a buy signal.
2) The stock has broken into the upper range of its Bollinger bands, and is using the middle band as a support level.
3) The Relative Strength Index is sitting at 50, a move above 50 would indicate a strong upward trend.
4) Slow Stochastics are sitting just under 50 showing a possible move up in the near term, and that the stock is not overbought currently.
The critical technical breakout point for TSBB is .008, which is the 50 day moving average and has shown to be the strongest recent resistance level. A break past .008 will confirm a move up with the MACD, RSI, and Stochastics.
Volume in the past 10-15 trading days has been above average and has made the stock much more liquid and given it a more orderly trading pattern.
Fundamentals The Company's 10Q was filed with the Securities & Exchange Commission on Friday, May 21, 2004. The 10Q showed a 511% increase in total assets over the same quarter in 2003 and a 705% increase compared to the Company's year-end of June 30, 2003. James V. Sadrianna stated, ``This quarter fulfilled our earlier expectations of increased asset and shareholder value. There is a net increase in stockholders equity of $1,557,309 after adjustments for the recent change to 1940 Investment Act status. Total assets of $1,921,476 were reported for March 31, 2004 versus $314,441 for the same period in 2003 and $238,758 for the Company's year-end of June 30, 2003. The Company reported net income for the first quarter of 2004 of $418,727 versus net income of $4,477 for the same period in 2003. Shareholder's Equity increased from ($76,902) in March of 2003 to $1,303,160 for the same period in 2004. Shareholders can look forward to continued profitable operations as the Company continues to execute its business plan as a Business Development Company
Future Developments TS&B Holdings, Inc. Announces Plan to Enter $5 Billion Dollar Interactive Gaming Industryannounced it has entered into preliminary talks to acquire online gaming software from Chimera Technology Corp. (OTC:CNOC.PK). TS&B subsidiary, TS&B Gaming & Entertainment Corp., intends to develop an Online Casino and Website that will include blackjack, roulette, craps, pai gow and slots, among others. The Company will continue to review other potential acquisitions and software as talks continue with Chimera Technology Corp. TS&B Gaming & Entertainment Corp., a wholly owned subsidiary, was created solely for the purpose of positioning the Company in the $600 billion dollar Gaming Industry.
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Sounds like great news but when the MM's have a hold of it and manipulate the heck out of it it makes it so hard for TSBB to move. Have you seen the daily charts on this stock. Up to .067 down to .058. Its automatic. Just gonna keep my shares and hope for breaking that nasty threshold. It will come guys!
Posts: 192 | From: tucson | Registered: May 2004
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StockTechs.com “Tech Alert” TS&B Holdings (OTCBB: TSBB) StockTechs issues alerts based on technical analysis and is a free service
(PRWEB) June 4, 2004 -- TSBB has been trading near its all time lows recently, and has been discovered by the market as an undervalued stock with tremendous growth potential.
Technical Analysis Alert TSBB is currently trading in the .006 to .008 range, down from a recent high of .05 this past February. Technical analysis of the stock shows TSBB is on the verge of a reversal.
Great DD Cabbage!
Posts: 131 | From: New York, NY, US | Registered: May 2004
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posted
I still can't believe this stock is at the level it's at. It should be trading @ atleast .03. The only thing I can figure is once it blows, it's going straight to the moon. The MM's are not getting my shares til then.
This is a coiled spring that's getting tighter and tighter.
------------------ My future so bright...I gotta wear shades!
The Platman
[This message has been edited by platapuss (edited June 04, 2004).]
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I dont know what to think either, although I like that last article tho, I am debating on buying more.
Posts: 1451 | From: Somersworth, NH | Registered: May 2004
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quote:Originally posted by beginner: you all still think this is good? I put in a buy order for .005 this AM, but I may lower the price...it looks like its coming down.
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Just when you think its making a run, It takes a sh.. Arg they are killing me here!
Posts: 192 | From: tucson | Registered: May 2004
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anywhere I can find tips on reading those charts? maybe a book or two? contemplating picking up more of this one.
Posts: 768 | From: Ingland | Registered: May 2004
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Growth Company TS&B Holdings, Inc. Announces Closing of First Private Debt Financing Through the Issuance of a Subordinated Debenture via COMTEX
June 7, 2004
ORLANDO, Fla., Jun 07, 2004 (PRIMEZONE via COMTEX) --
TS&B Holdings, Inc. ('Company'or 'TS&B') (OTCBB:TSBB) announced it recently completed the funding of its first debt instrument as a BDC through an unregistered subordinated debenture with an accredited investor.
This is the first debt instrument issued by Company since becoming a BDC that does not convert into common stock. The debenture is a three year, $150,000 obligation at eleven percent interest. This is the first placement through TSB Ventures Inc., a company formed by TS&B in March to develop a series of investment partnerships that will be instrumental in financing associated transactions for TS&B.
The CEO of TS&B Holdings Inc., James E. Jenkins stated, 'We're very excited about our first debenture placement as a BDC that does not affect the common stock. The Company is currently working on structuring similar instruments. The debt is serviced through revenue from the targeted acquisitions. The response the Company has received from investors is very positive. Recently, there has been many positive articles in the financial press regarding BDC's and their ability to raise capital in the markets. We believe this first placement will bring other investors to the Company.'
About TS&B Holdings Inc.
TS&B Holdings Inc. is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries.
Safe Harbor
The statements made in this release constitute 'forward-looking'statements, usually containing the words 'believe,''estimate,''project,''expect,'or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
SOURCE: TS&B Holdings Inc.
Honeycutt Capital Group, LLC (918) 392-0336 Honeycuttcapital@hotmail.com
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I didn't think the news was bad...then again it did the same thing when the PR about the record release came out. I really wish this would just give in and pop, I was hoping to take some profits and throw more into CMKX, not going to sell for loss here though.
Posts: 195 | From: Detroit, MI | Registered: May 2004
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posted
3mil shares bought at the ask of .0065 and it has not budged. The MM's are really holding this down so they can accumulate. This is definitely a coiled spring getting extremely tight. It is going too, it has too, spring any day now. <IMHO>
------------------ My future so bright...I gotta wear shades!
posted
now in a perfect world TSBB would pop today and break through .01, that way I can sell half for some profits to throw into CMKX and make my first million by 22 Posts: 195 | From: Detroit, MI | Registered: May 2004
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