TULSA, Okla.--(BUSINESS WIRE)--LXXN-- Lexon, Inc. (OTC:LXXN) and ProVision Operation Systems, Inc. ("ProVision"), a Nevada corporation, today announced that the definitive merger agreement dated October 15, 2003 whereby Lexon is to acquire ProVision and their subsidiaries is anticipated to be completed on July 20, 2004. This merger was delayed from the original date of December 31, 2003 due to the explosive growth and national expansion of ProVision and their growing subsidiaries. One of ProVision's top growing subsidiaries is ProVision Business Systems, Inc., a Nevada based company. ProVision Business Systems, Inc. establishes sales and education training centers called ProVision Success Centers. ProVision Success Centers provide instruction to interested parties in the areas of business, stock and real estate. ProVision Business Systems, Inc. opened their first ProVision Success Center in Las Vegas, Nevada and subsequently opened start-up offices in Utah, Southern California, Texas, New York, Illinois, Washington, Oregon, Pennsylvania, Florida and virtual offices in Newport Beach, California and Chicago, Illinois. ProVision Business Systems, Inc.'s short-term business plan includes opening an additional 10 to 30 start-up offices while simultaneously franchising this business model. Long-term plans include developing between 30 and 50 of these offices annually over the next 2 years with an ultimate goal of expanding somewhere between 50 and 100 locations annually within the United States over the next several years. Another growing ProVision subsidiary is ProVision Seminar Systems, Inc., a Nevada based company that has been in start-up mode since July 2003. ProVision Seminar Systems, Inc. has conducted seminars in Nevada, Utah, Southern California, Texas, Illinois, New York, Pennsylvania, Florida, Georgia, D.C., Ohio, Oregon and Missouri. ProVision Seminar Systems, Inc. also plans to add 10 to 20 additional cities to their seminar circuit.
This press release contains some forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our business.
KEYWORD: OKLAHOMA NEVADA INDUSTRY KEYWORD: MEDICAL MEDICAL MERGERS/ACQ SOURCE: Lexon, Inc.
CONTACT INFORMATION: Provision Robert Fletcher, 702-456-2040 or Lexon Ron Wheet, 843-971-4848
------------------ Due Da Due......But Be Quick About It!!!!!
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LXXN - LEXON INC (OTC) Date Open High Low Last Change Volume % Change 07/12/04 0.1800 0.2900 0.1500 0.2500 +0.0800 775900 +47.06%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 106940
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 62476
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 - 45001
posted
LXXN - LEXON INC (OTC) Date Open High Low Last Change Volume % Change 07/13/04 0.2200 0.3500 0.1900 0.3500 +0.1000 358815 +40.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 124831
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 69648
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 - 48539
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.3500 0.1367 0.2967 0.4567
With the merger slated for next Tuesday, this could bounce well all week. It has a tendency to dip during the day so play it correctly. The 7 day average directional indicator shows it actually strengthening.
posted
This played well again today. Hope everyones daytrading well or holding some of this for the slow build through Monday. Closed a nickel up from yesterdays close of 0.35. After gapping to 0.37 on the open it got as high as 0.45 before its close at 0.40. The bid/ask spread tells the story on this stocks intention to run to the merger. With the price at 0.40 the bid is currently at 0.34 with the ask at sweet 0.65. If your daytrading this I hope you aren't inbetween holds and if you picked some up the past few days, congratulations. It appears to be a sweet hold thru the first of the week. http://quotes.barchart.com/texadv.asp?sym=LXXN
------------------ Due Da Due......But Be Quick About It!!!!!
DaDog
[This message has been edited by dardadog (edited July 15, 2004).]
posted
Lexon, Inc. and ProVision Operation Systems, Inc. Announce Joint Venture Completed Friday July 16, 6:00 am ET
TULSA, Okla.--(BUSINESS WIRE)--July 16, 2004--Lexon, Inc. (OTC:LXXN - News) and ProVision Operation Systems, Inc. ("ProVision"), a Nevada corporation, today announced that ProVision has completed a joint venture with a 5-year-old Las Vegas worldwide call center, which ultimately became a subsidiary of ProVision named ProComm 20/20 Technologies, Inc. Ray Smith was named President and CEO of this joint venture. ProComm 20/20 has been in the inbound/outbound high volume call business for large banks, political candidates and credit restoration. With funding assistance provided by ProVision Operation Systems, Inc. and consulting and management assistance from Minh Ho, Vice President of Sales and Corporate Development for ProVision, the sales of ProComm 20/20 have increased over 300 percent during the last 6 months.
ProComm 20/20 has 48 call stations in a 5,000 plus square foot office in Las Vegas, with the capacity to produce 96,000 outbound calls per day. ProComm 20/20 assets include over a half million dollars worth of state-of-the-art equipment which provides the basis for achieving the high sales rates being accomplished.
This press release contains some forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our business.
-------------------------------------------------------------------------------- Contact: Lexon, Inc. Ron Wheet, 843-971-4848 or ProVision Robert Fletcher, 702-456-2040
-------------------------------------------------------------------------------- Source: Lexon, Inc.
------------------ Due Da Due......But Be Quick About It!!!!!
I feel I NEED to post this because many here have helped me, and Dar - you've helped everybody who asks, so here goes:
You all KNOW I'm NOT in the bashing business, but this one is actually criminal.
This is one of the WORST Pump & Dumps I've EVER seen. Robert Fletcher is a "Con Man Extrodinaire". These scumbags are running live Telephone Conference Calls touting this POS with "Supposed" Millionaire investors on it. I heard them announce a 4/1 REVERSE SPLIT next week telling everyone it will be $1.60 - but "Actually worth $4.00"
They are talking about people who have gone to Fort Lauderdale to ride on Fletcher's 75' yacht. He doesn't even HAVE a rowboat. And at 500+ pounds - he'd sink it anyway.
Remember Tom Vu? The Vietnamese 'refugee' who ran Infomercials 12-15 years ago with chicks in bikinis all over him on HIS yacht (That he rented for a few hours - the boat AND the models)?? He just got out of the Federal pen for his scams. Guess what? Major player HERE.
They have been running around the US to EVERY major city trying to get in on the Hot Real Estate market, trying to charge people $1,000,000 - that's RIGHT folks - $1,000,000 - for the PRIVELEGE of opening up an office for THEM and giving THEM - Pro Visions - the Lion's Share of ANY profits - but it will NEVER get off the ground - just like all the REST of Fletcher's 'con jobs'.
They are even having a Stock Party in Vegas next week. They said it will be VERY LAVISH! Guess who's PAYING for it? That's right. YOU. I hope the SEC shows up.
I've been a member here for a year next month and NEVER bashed a stock. I do share good AND bad info with fellow board members - and if I think a company CEO is lying to us - I tell it the way I see it. This is the first time I EVER posted anything tota;;y negative about a stock I don't and won't own. But THIS guy Fletcher is the Ultimate "Bible Carrying Con Man".
If you have made some good money here - GREAT - Take your profit. If you just bought in - I'd GET OUT while you still can. This is ALL jmho - but I've seen this pig in action. He actually told EVERYONE at one of his meetings that they would make $1,000,000 each and HE would make over $ 1,000,000,000 - a Billion - with this co. and stock! I was THERE. HE kept us there til almost 2am ranting on and on about how "Blessed" we were to have him there to make us rich! Honest-he says that schit.
I really don't care whether or not any of you believe me - but I hate to see people's hopes and dreams crushed by a liar and a thief, and I hope he is stopped soon. Good luck.
You have been forewarned. Please govern yourself accordingly and BEWARE.
Steve
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
Thanks for the heads up. I think it will daytrade well today and that is what I've been doing with it. Take the gain and playing the dips. Was going to continue to do so thru Monday, but maybe today will be my last play. Again, thanks for the information. Dar
------------------ Due Da Due......But Be Quick About It!!!!!
posted
Dar, even the lying SOB CEOs at AFart, GWAD, Ibiz, Pacel and the others don't go as far as this guy! I'd be afraid to even try to daytrade AFart and GWAD unless I had money to burn - never know when they'll have an itch to do ANOTHER RS! But at least you can almost see predictible patterns with those crappy stock. Fletcher has only larceny in his heart. I listened to some of their conference call yesterday and WISH I had it recorded - if only just to ENTERTAIN us. Most people wouldn't BELIEVE what these guys are saying to strangers on the telephone - I couldn't believe it and I was listening! They had a guy named Richard Hill or something that claims he made $34 MILLION in the market - and was pumping the hell out of this, and even Alan Rothman, who USED to be a respectable author and mentor in the MLM world. I'll find out when they're having their next call and give you the number - everyone need a good laugh. The SAD part is how many nieve people who go to their meetings BELIEVE this crap..... Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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Love the Market ~ Thanks MUCH for the heads up, i was about to dive into this one!
Yesterday I got a call from a friend who never talks stocks (he knows I am a 'newbie' stock trader). He tells me about one of his 'clients' (he's in sales) that told him that he had a great tip for him, LXXN,he also said the exact same thing regarding the 4 for 1 reverse split. He said next week (on Tuesday specifically) it would be over $3+.
Posts: 17 | From: las vegas, nv, usa | Registered: Jun 2004
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Brandnew, you're welcome. BEcause YOU took heed, it was worth the time it took to write it!
NEVER, I mean NEVER buy a stock on a "hot tip".
Even if it IS a good company, by the time we get the 'tip' - it's old news and the stock already peaked and has pulled back.
And when it comes to these pennies - Remember: Anything that sounds too good to be true is USUALLY a Scam. I know, I'm down over $2000 in CDVJ! STUCK there waiting to see how it plays out.
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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quote:Originally posted by Love the Market: NEVER, I mean NEVER buy a stock on a "hot tip".
Even if it IS a good company, by the time we get the 'tip' - it's old news and the stock already peaked and has pulled back.
I am learning this the hardway! But at least I am learning...
quote:And when it comes to these pennies - Remember: Anything that sounds too good to be true is USUALLY a Scam. I know, I'm down over $2000 in CDVJ! STUCK there waiting to see how it plays out.
Tell me about it, EVERY stock I invested in on this board is down to at least half its original value. (cmkx, qbid & gzfx). Im happy that I didnt invest a huge amount of money in these, so I can wait to see if they come back up a little.
Do you guys know anything about AMUT?
Posts: 17 | From: las vegas, nv, usa | Registered: Jun 2004
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