S3I Holdings, Inc. Announces Formation of Independent Board of Directors
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> CARLSBAD, Calif., May 12, 2004 (PRIMEZONE) -- S3I Holdings, Inc. (OTCBB:SEIH) today announced the election of three independent members to its Board of Directors. Shane H. Traveller, Dennis Keating and Art Malone, Jr. have been elected to fill vacancies on the Board as Independent Directors. With these changes, the Company now has a Board consisting of a majority of independent directors. Wayne Yamamoto, CEO of S3I Holdings, commented, "The formation of a majority independent Board is consistent with the future of the Company as an investment fund and brings S3I Holdings into compliance with the independent Board requirement of the Sarbanes-Oxley legislation. Moreover, S3I holdings believes that a majority independent Board is an important element of good corporate governance. The Board will play a critical role in the evaluation of strategic investments that the Company may contemplate in the future and will assist in determining the overall direction of S3I Holdings." Mr. Traveller brings an extensive background in service to public companies both as an independent auditor, then later as an officer and director. He is a licensed CPA and sits on the board of directors of three other public companies where he serves as chairman of the audit committee. Mr. Traveller has served in positions ranging from CFO, President and COO of both private and publicly traded companies. As a consultant and independent auditor, Mr. Traveller has been closely involved in the development and implementation of internal controls, management of staff, preparation and filing of countless financial statements and SEC filings. He has led clients through IPO's and secondary offerings, private placements, mergers and acquisitions. Mr. Keating is the founder of SunRidge Financial Group, an estate and financial planning company, which currently manages over $145 million in client assets. He is the Southwest Regional Compliance manger for 1st Discount Brokerage Incorporated covering New Mexico, Arizona and Southern California. 1st Discount is a national firm and member of the NASD MSRB and SITC. Mr. Keating graduated with honors from the California Polytechnic University, Pomona and has an extensive background in finance, real estate and law. Art Malone Jr. runs a successful consulting company that consults for public and private companies. He worked with Peritus Asset Management Group, which managed over 100 million dollars, and has served as Chairman of two public companies. Presently, Mr. Malone is the Chairman/C.E.O. of Secured Data, Inc. which trades on the Over-the-Counter Bulletin Board (OTCBB) exchange. Over the last seven years, Mr. Malone has been responsible for introducing over 50 million dollars for public and private companies and has assisted companies in getting listed on several exchanges. He has been retained by Public Companies ranging from the NASDAQ, the Amex and the OTCBB as an advisor and consultant and is a highly sought after motivational speaker, lecturing on the foundations of lasting success. Company Profile Founded in 1999, SSI is a leader in compliance and risk management software, services and Internet technologies for regulated industries. S3I Holdings, Inc. acquired SSI in April 2003. For more information about SSI, please visit our website at: www.securesoftsystems.com. Safe Harbor Statement This release contains forward-looking statements which involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Such statements are based on currently available information which management has assessed but which is dynamic and subject to rapid change due to risks and uncertainties that affect our business, including, but not limited to, the impact of competitive products and pricing, limited visibility into future product demand, regulatory interpretation, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. CONTACT: S3I Holdings, Inc. Andrew Beyer, Investor Relations (909) 587-8072
------------------ Due Da Due......But Be Quick About It!!!!!
posted
You were right it did fly. Down 25%. People seem to buy whatever you tell them is "gonna go". You've probably made a lot of money off of people. This news is not even that good. They formed an independant board of directors. Big deal!
Posts: 166 | Registered: Dec 2003
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quote:Originally posted by flemdog: You were right it did fly. Down 25%. People seem to buy whatever you tell them is "gonna go". You've probably made a lot of money off of people. This news is not even that good. They formed an independant board of directors. Big deal!
posted
Sorry Flemdog but your post on the CDVJ thread turned me off from everything you say on these boards.
Anytime people on Allstocks are openly cheering for their peers to lose money I lost respect.
flemdog Member posted May 12, 2004 10:43 -------------------------------------------------------------------------------- You gotta love seeing QBID drop like this. You gotta believe that many people who bought at high levels have lost as much as us in CDVJ. Now we need some airport news like Salemn suggested and we are ready to roll. I feel much better now.
Posts: 89 | From: Iowa City, Iowa | Registered: Feb 2004
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posted
Actually I was basing it more on the fact that a good entry point at a lower price would be good. I think we all know that QBID is going to be at higher levels than anyone has bought at so far. Seeing people sweat like I have through PAVP-CDVJ is not a bad thing. I hope we all become rich.
Posts: 166 | Registered: Dec 2003
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posted
flemdog ... this comes from a seasoned allstocks member, when I say ... don't ever criticize DARDADOG'S posts undeservedly. He has made me and many others more money than you can possibly fathom. He never told you to buy, merely stated an opinion on how it had the potential to move then posted DD. That's how things run around here ... get used to it.
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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quote:Originally posted by flemdog: You were right it did fly. Down 25%. People seem to buy whatever you tell them is "gonna go". You've probably made a lot of money off of people. This news is not even that good. They formed an independant board of directors. Big deal!
RUFF....
------------------ Due Da Due......But Be Quick About It!!!!!
quote:Originally posted by flemdog: You were right it did fly. Down 25%. People seem to buy whatever you tell them is "gonna go". You've probably made a lot of money off of people. This news is not even that good. They formed an independant board of directors. Big deal!
Obviously you don't care to look for trends and patterns in the penny game. Too bad. You're not playin' them correctly. Take a look at the two news PR's out today Flem. Now, take a look at the "Historical Prices" on Oct. 22 last year when similar PR's were last released. Now look at the 23rd, 24th, and the rest of the week. Anything else I can teach you while I'm here? To be a "Big Dog", you gotta let your balls drop.....
------------------ Due Da Due......But Be Quick About It!!!!!
quote:Originally posted by flemdog: You were right it did fly. Down 25%. People seem to buy whatever you tell them is "gonna go". You've probably made a lot of money off of people. This news is not even that good. They formed an independant board of directors. Big deal!
Don't like it don't play, got an idea?
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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Securesoft Systems, Inc. is a wholly-owned subsidiary of S3I Holdings, Inc. ("SEIH":OTCBB)
Securesoft Systems (SSI) is an enterprise security, privacy and e-business compliance software and services company providing solutions to a wide array of industries. Securesoft generates revenue from the sale and licensing of its proprietary assessment, remediation and continuity solutions designed to meet the security and privacy needs of any organization – regardless of industry. Securesoft's internal subject matter expertise provides risk assessment consulting and network vulnerability evaluation services, as well as risk management and security training. The products and services specifically enforce compliance mandates by
Health Insurance Portability and Accountability Act (HIPAA) (Healthcare) Gramm-Leach-Bliley (GLB) and Sarbanes-Oxley (Financial) NCAA, Patriot Act, and FERPA NIST and Certification and Accreditation (Federal) Best Business Practice and OSHA (Corporate America) Securesoft’s clients include Dell™, ACS™, BearingPoint™ and several large healthcare organizations and consulting firms.
For S3I Financials and Fillings on SEC.gov: www.sec.gov
For further information: investors@securesoftsystems.com ____________________________________________
Corporate Information
Securesoft Systems, Inc. 5927 Priestly Drive, Suite 101 Carlsbad, CA 92008 Phn: 760.602.1946 Fax: 760.602.1947
-------------------------------------------------------------------------------- Transfer Agent
Madison Stock Transfer, Inc. PO Box 145-290 Brooklyn, N.Y. 11229 Phn: 718.627.4435 Fax: 718.627.6341
Chisholm & Associates P.O. Box 540216 North Salt Lake, Utah 84054-0216 Phn: 801.292.8756 Fax: 801.292.8809 ---------------------------------------------
Achieving HIPAA
Health Insurance Portability and Accountability Act (HIPAA) compliance affects each healthcare provider and/or payor, whether it is a single physician office, an enterprise consisting of several hospitals or clinics, or a national insurance provider. Each environment requires a different level of compliance effort.
Through Immunity's HIPAA Assessment and Compliance module, SSI provides long-term HIPAA Security, Privacy and Transaction Code Rules compliance required by HIPAA.
SSI provides integrated analysis, remediation, reporting and ongoing monitoring of security and privacy aspects of compliance. SSI has designed its compliance solution to meet the security, privacy EDI, and e-business needs of any organization, regardless of the industry. Immunity™ provides one central console for compliance with HIPAA. -------------------------------------------
Consulting, Integration and Implementation Services
Securesoft Systems, Inc. provides a targeted range of Consulting, Integration and Implementation services tailored to address critical areas of an enterprise-computing and regulated procedural environment. Senior-level specialists and selected partners carry the highest levels of certification and provide the expertise required to ensure that privacy protections, ebusiness and security standards are achieved to meet industry and regulatory compliance.
Utilizing a proven strategy, we invest the time in understanding your business model to align security and privacy requirements and business goals to provide a proper level of compliance that is manageable, cost-effective and minimally intrusive on your business operations.
Our service offerings can be selected individually or packaged according to your needs. Please feel free to contact us to discuss your compliance strategies, pricing options and services that will exceed today's requirements. --------------------------------------------
Technology and Channel Partners
Welcome to the Securesoft Systems Technology and Channel Partner Web Page. SSI takes great pride in partnering with industry leaders to provide comprehensive solutions and services for corporate compliance. Below is a list of SSI's technology and channel partners each of which contribute to the delivery of quality products and services for businesses of every size.
Affiliated Computer Services, Inc. (ACS), a premier provider of diversified business process and information technology outsourcing solutions to commercial and government clients worldwide. ACS offers innovative and effective outsourcing solutions for clients around the world. An IT firm targeting the federal government (Small Business) and wants to use Immunity software as a way to expand security consulting BakBone Software Incorporated develops and distributes storage management software soloutions to the open systems markets, providing data protection and management soloutions. BearingPoint(KPMG) was awarded a $19.5 billion contract by the National Insititutes of Health. the security portion is estimated at $1 Billion. SSI was selected by BearingPoint to provide the Security Assurance aspects. BioconX software effectively applies biometrics to authenticate the identity and authorization of anyone trying to access your network and applications. CFCTI, LLC provides information technology integration and professional services within the Information Technology (IT) marketplace. CFCTI provides Project Management, Systems Integration, Network Engineering and Administration Services, Internet development, Web Application Development, Database Development Services, Technical Writing and software support to government and commercial customers. Dell owns a significant share of the hardware components in the healthcare sector. SSI can re-sell Dell equipment, bundled with Immunity software. Dynanet Corporation has created information systems and security solutions recognized for their excellence. The company owes its success to a cadre of proven IT professionals and well-established teaming arrangements with some of the most recognized names in information technology. The company takes special pride in its skills in customer needs assessment and in the creation of best-of-breed solutions tailored to client's requirements and resources K16 provides an innovative, strategic approach to managing and protecting your intellectual property and critical enterprise systems. By optimizing solutions for your environment, K16 delivers products and services that significantly reduce your IT management costs and deliver an immediate return on investment Postendo is a strong, reliable end-to-end secure e-mail, integrated into enterprise environments. Soloutions are easy to use and help define & enforce network security policies while reducing Total Costs; achieved through simplicity, transparency and central management
Posts: 89 | From: Iowa City, Iowa | Registered: Feb 2004
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posted
I was looking at the tape and noticed that they painted my buy this afternoon as a sell. If so, that 200,000 "sell" at the end of the day might have been a buy.
posted
Great DD on da fly.......and good observation on my "BUY".....HEH HEH HEH. I figure it will gap up in the morning to "this mornings" open of 0.07, which is about 29% outta da gate. May hold a minute....may hold longer......have to wait and see how she plays. But as you can see by the historical prices chart, it could be good. By the way Flem.....you claim that people by when I yell. Betcherass they do.....bring dagoodchit as often as I do and you may create a reputation worthy of having people sit up and take notice of savvy trading skills. HHHHHHHHHHOOOOOOOOOOOOOWWWWWWWWWWWWWLLLLLLLLLLLLLLLLLL!!!!!!!!!!!!!!!!!!!!!!!!!!!!
------------------ Due Da Due......But Be Quick About It!!!!!
S3I Holdings, Inc. Launches New Corporate Website and Email Alert System as Part of Market Awareness Program
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> CARLSBAD, Calif., May 13, 2004 (PRIMEZONE) -- S3I Holdings, Inc. (OTCBB:SEIH) today announced that the company has launched its new corporate website, www.s3i.us, in order to increase awareness of S3I Holdings and provide information on its new focus as a business development company. As part of the website launch and market awareness program, the company encourages anyone interested in S3I Holdings or its subsidiary, Securesoft Systems (www.securesoftsystems.com), to subscribe to the company's Email Alert System, through which S3I Holdings will disseminate to shareholders and other market participants press releases, links to new SEC filings, newsletters and any other written material released by the company. To sign up for the Email Alert System, please visit www.s3i.us/ealert.asp. Wayne Yamamoto, CEO of S3I Holdings, Inc., commented, "The purpose of this new corporate website is to provide the most up-to-date information on S3I Holdings and to increase awareness of the company as it communicates its vision and strategic objectives as an investment fund. With the launch of our Email Alert System, S3I Holdings looks forward to establishing open lines of communication with both our existing shareholders and potential investors by consistently sending notices, press releases, newsletters and other current information related to the company and its portfolio companies. The website will be regularly updated to include new information, particularly related the performance of Securesoft Systems and other portfolio companies that may be targeted for acquisition in the future. Management believes that there is a tremendous opportunity for growth with the investments we are contemplating for S3I Holdings and looks forward to returning value for our stockholders." Company Profile S3I Holdings, Inc. (www.s3i.us) is a Business Development Company regulated by the Investment Company Act of 1940. The company acquired its first subsidiary, Securesoft Systems (www.securesoftsystems.com), a leader in compliance and risk management software, services and Internet technologies for regulated industries, in April 2003. S3I Holdings is currently seeking to acquire additional synergistic companies and is focused on assembling a portfolio of investments that will provide value to its shareholders. Safe Harbor Statement This release contains forward-looking statements which involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Such statements are based on currently available information which management has assessed but which is dynamic and subject to rapid change due to risks and uncertainties that affect our business, including, but not limited to, the impact of competitive products and pricing, limited visibility into future product demand, regulatory interpretation, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. CONTACT: S3I Holdings, Inc. Andrew Beyer, Investor Relations (909) 587-8072 investors@s3i.us
------------------ Due Da Due......But Be Quick About It!!!!!
you still holding her for a while? Thanks for the bone on this one...
One other quick question if you don't mind. Do you think it is a good entry point for WNMI? It seems like their dilution has killed the momentum of their stock but i can't see it dropping much under a penny. Appreciate all of your help.
Thanks, Ryan
[This message has been edited by 2ndrow (edited May 13, 2004).]
Posts: 89 | From: Iowa City, Iowa | Registered: Feb 2004
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I can't believe I missed the IVOC run today...I have been waiting and waiting and then it has to run right during finals week while I am studying Gotta love the pennies though
I think we will see a nice run out of this baby...volume seemed to pick up a little after 2:00 so we could see something.
Anyways, good luck to everyone...I will need a lot of luck for my final tonight.
-Ryan
Posts: 89 | From: Iowa City, Iowa | Registered: Feb 2004
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posted
I have noticed that the buys have greatly outnumbered the sells with this stock the last few days. I think it will run...just need to be patient.
Best of Luck,
ryan
Posts: 89 | From: Iowa City, Iowa | Registered: Feb 2004
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