UpMan:
This might help ya ???
I posted awhile ago on the bottom play thread.will
Member posted June 14, 2004 17:10
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Here is one I missed, please indulge me and let me post it. I only do this to build my confidence that the concept of investigating/playing these beat down stocks just might have some substance.
will
Member posted May 22, 2004 11:57
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May have missed this one traded down to .0020 5/21, closed .0031. Volume doubled the average in the last week. news on 5/20. If they could tie this concept to be proactive regarding terroist threats of cantaminated food supply, and hook up with Homeland Security, then they'd have something.
NEWS:
Press Release Source: Food Safe International, Inc.
Food Safe International Signs LOI with I.M. International Trading Corp.
Thursday May 20, 10:28 am ET
TORONTO, May 20 /PRNewswire-FirstCall/ -- Food Safe International, Inc. (Pink Sheets: FSIJ - News) is pleased to announce that it has entered into a Letter of Intent with I.M. International Trading Corp., a Nevis-based company, to distribute our food safe process. I.M. International will represent Food Safe International in the Caribbean and act as a gateway for distribution of the food safe process and additional food safety products throughout the Caribbean.
Food Safe International is looking to branch into the international marketplace by strategic alliances throughout the world for both its food safe process and Food Safety products. Food Safe International plans to acquire additional food safety products to supplement our current offering and distribute them to a global marketplace through our developing lines of distribution.
Food safety is an extremely important issue that affects all of the world's people. Countries in the world are becoming increasingly more independent on both their food supply availability and food safety. Food Safe International plans to be in a position to provide both the equipment and processes needed to meet the escalating demands of the world in respect to food safety.
About Food Safe: The main goal of Food Safe is to eliminate food safety and sanitation issues and provide methods to improve procedures to minimize risk and liability. Food is one of the most mobile commodities traded internationally. Consumers are asking more questions and demanding answers. Whether the commodity is spices (insect contamination), beef (E. coli), strawberries (Hepatitis A, salmonella), fish (mercury) or any of thousands of foods traded globally, consumers and buyers are demanding new standards of quality, safety and nutritional value.
Protecting people from food borne illness is Food Safe's number-one priority. Food Safe's comprehensive program is a proactive approach to food safety. Spurred into action by food crises in the global beef industry, there is an international consensus that producers and food industry stakeholders require a reliable methodology and technology for verifying food production and food safety.
Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all 'other risks' associated with business.
CONTACTS:
Investor Relations
XCL Partners, Inc.
40 West Chesapeake Ave., Suite 300
Towson, MD 21204
410-825-3930
Jason Wong
info@foodsafeint.com www.foodsafeint.com
TORONTO, May 18 /PRNewswire-FirstCall/ -- Food Safe International, Inc. (Pink Sheets: FSIJ - News) is pleased to announce that it has entered into a Letter of Intent with DTG Industries, Inc. (Pink Sheets: DTGJ - News) to create RFID traceability and tracking solutions for perishable fruits and vegetables. Specifically, Food Safe will work with DTG to industrialize iPico's unique Dual Frequency RFID tags, readers and middleware in perishable containers to provide full traceability from the field to the retail shelf. Food Safe and DTG will market and integrate the combined solution to global food producers thereby creating an integrated food-source management, marketing, source verification system, and food safety process from the producer to the consumer.
Gordon Westwater, President of iPico North America says: "We are intrigued by Food Safe's unique solution for safeguarding perishables and we look forward to working with Food Safe and major US grocery retailers and third party providers in offering a complete and reliable traceability solution along with Food Safe's current process to ensure maximum consumer safety and satisfaction which will effectively protect our customers' operations, reputations and businesses. With the recent influx of Mad Cow and Avian Bird Flu in North America, there is a heightened awareness to see complete and accurate tracking and traceability for all food products that make it to our shelves. In addition to the traditional supply chain savings, the Food Safe solution will provide a complete protection solution."
Food Safe and DTG are companies well positioned to meet this need as part of an RFID solution to track fruit and vegetable production simply and cost-effectively.
shs decreased by 1 for 100 split
Ex-Date:
Record Date:
Pay Date: 2004-01-28
Capital Change = shs decreased by 1 for 800 split. Pay date=09/11/2003.
Company Notes:
Formerly = Bright Star Holdings, Inc. until 9-03
[This message has been edited by will (edited May 22, 2004).]
[This message has been edited by will (edited May 22, 2004).]
IP: Logged
will
Member posted June 02, 2004 19:40
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Closed at .0017, one tick above its 52 low of .0016
On 5/21 I wrote the CEO and he replied. The main issues I inquired about were:
1.) Outstanding shares
There are 1 billion Issued
2.) Float
Currently estimated 250 Million in Float3.) 3.)Are you considering anything with Homeland Security regarding food
/water safety?
4.) Do you have enough cash, or cash flow to finance any expansions for
thebalance of 2004?
We are currently trying to raise some funds for expansions. We are also negotiating with another company with sufficient funding to do a jointventure which will provide the opportunity for the company to expand.
6.) I see reverse split in, Jan 2004, 1 for 100 and Sept. 2003 1 for 800, then a company name change in Sept. 2003. Why were these actions taken
First split was to acquire a shell, second split was when I personally took a role in the company to try to build it. Our
patent-pending process is the same as e-food safety (OTC:EFSF) we have the rights to distribute in Canada and Internationally.
7.) When do you expect the LOI (s), to become completed deals?
We are hoping to have distribution setup over the next few months, and also have our joint Venture setup to feed our distribution
8.) The radio frequency identification tag is a great idea. Do you have a plan to market it?
DTG industries have cancelled their relationship with Data
technology group, however we are still working with Mr. Westwater and the
marketing plan will be dependent on their direction.
Regards,
Jason Wong
Food Safe International
info@foodsafeint.com
416-417-4779
Today it closed at .004, up 135%
quote:
Originally posted by Upside:
What can you tell us about them? Just doing a little research since you posted, it appears they make an ozone spray machine to sterilize foods. According to their p/r's they have a distribution agreement in the Ukraine and one in the Caribbean but no dollar figures were given. Can you give us any more info?
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