I wasn't home today so i see just the lose off PCCL. I still have 2 million shares PCCL. I sold previous week only 1 million shares . Still holding 2 million shares tightly and i'm waiting for news.
Posts: 398 | Registered: Nov 2003
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quote:Originally posted by protein3: News is coming guys!! There was just profit taking today it's understandable. I'd rather head north healthy! NEWS is coming boys and then we fly for a few days or so.
I hope tomorrow but I think before the holiday weekend we should hear something!!!!
Be excited we're gonna make some big $$$$ Buy more and hold for the payday I am!!! I've got 7 million shares!!!
What kind of news are we expecting? and why are your convinced it will make us big money - the reason I ask this I am holding other penny stocks that have had good news recently - and the stock goes DOWN! Go figure. anyway - I would love your insights
CHARLOTTE, N.C., June 10 /PRNewswire-FirstCall/ -- Pacel Corporation (OTC Bulletin Board: PCCL - News) announced today that is has received an additional $250,000 dollars from Wall Street-based Compass Capital Group. This brings the total amount of capital raised for mergers and acquisitions to $2.5 Million. These funds will allow the company to implement a strategic plan for mergers and acquisitions within the PEO Industry. ADVERTISEMENT
David Calkins, Chairman of the Board for Pacel, stated, "With the additional funds that Compass Capital Group has provided, we are very close to closing a major acquisition. The acquisition of (Rossar, LLC.) is expected to close by the end of June, 2004 and will provide an average of $11 Million annual increase in Gross Billings and approximately $ 630,000 in new revenues. This type of capital infusion will allow the company to proceed with our plan become a leading force in the PEO Industry."
Thursday June 3, 11:19 am ET
CHARLOTTE, N.C., June 3 /PRNewswire-FirstCall/ -- Pacel Corp is projecting second quarter revenues of $1 million on $6.6 million in gross billings.
CHARLOTTE, N.C., Jun 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- Pacel Corporation (OTC Bulletin Board: PCCL) today announced their strategic alliance with Lincoln Consulting, LLC to develop and launch an aggressive and innovative marketing and sales plan.
This new plan will help revitalize Pacel's marketing and sales through an aggressive approach on generating prospective clients while also providing improvements with client retention. "Lincoln Consulting has a proven track record," stated Gary Musselman, CEO and President of Pacel Corporation. "They will provide us with the professional experience needed to help improve our marketing and sales efforts."
Lincoln Consulting, LLC is a management firm that specializes in tactical implementations of sales and marketing processes. Lincoln Consulting's management team is comprised of senior industry leaders with over 90 years of related sales and marketing experience.
PEO companies are growing at a rate of greater than 20% and most experts predict this rate of growth can be sustained for 5-10 years as PEO's respond to the growing need for their services. The Small Business Administration estimates there are nearly 6 million businesses with fewer than 100 employees. These small to mid-sized businesses employ over 52 million employees with an aggregate payroll of over $1.1 trillion. It is estimated the PEO industry currently has between 2-3 million worksite employees with annual payrolls greater than $18 billion. With just 2% of the market, the growth in PEO services is unlimited.
With an average annual growth rate of 20%, more and more business owners are turning to the Professional Employer Industry to provide them with the tools they need to increase productivity and profits.
About Pacel Corp.
Pacel Corporation provides Human Resource Outsourcing services, including benefits administration, payroll administration, governmental compliance, risk management, unemployment administration and benefits administration to small and medium-sized businesses in the United States.
The statements contained in this press release that are not historical facts are forward-looking statements that involve a number of risks and uncertainties. Therefore, the actual results of future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are: (i) regulatory and tax developments; (ii) the effectiveness of the Company's sales and marketing efforts; (iii) changes in the competitive environment of the industry; (iv) changes in general economic conditions; (v) changes in the Company's direct costs and operating expenses; (vi) the estimated costs and effectiveness of capital projects and investments in technology and infrastructure; (vii) Management's ability to effectively implement its business strategy. These factors are described in further detail in filings with the Securities and Exchange Commission.
as stated before if this one will not announce the acquisition PR it will drop down, as I am heavy in this one based on all of the TA and expected news I hope they will do it soon to reach 0.01
Posts: 22 | From: Jeddah | Registered: Jun 2004
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I am trying to verify this, but I heard that S-8 shares were being sold off today, which is why NITE was selling over 4M shares at .0037, and then lowered his ask to .0036 and sold another 6 million or so. Plus, the after hours sells may have been the rest of the S-8 shares, which is very good for us.
Think about it, why else would NITE LOWER his ask when he sells over 4M shares? Had to be s-8.....hopefully they are gone. This should have been to .007 today.....
quote:Originally posted by chadd: that may be true but it doesn't make my port any greener.
[This message has been edited by chadd (edited June 30, 2004).]
I think and hope so. I have about 2grand in it right now. I bought it about 2 hrs before market closed. If there are buyers tomorrow, it will move up quickly. .0055 to .006 is my target. Good Luck.
quote:Originally posted by Breezer: So do people think this will finally move up tomorrow. At least back to .006?
good morning all. been reading your posts for the last couple of days. kc - what did you decide on the S-8 thing? sure doesn't make sense for NITE to do what he did. let's hope today is a mover. also, start new month today - i have read many times the MM's play games at the end of the month to make their numbers look good. maybe that has passed now. on more tidbit - NITE has been rated a strong sell by Zack's - caught it this morning on one of the CMKX boards. GLTA
Posts: 49 | From: Pell City AL | Registered: Jul 2004
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