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DOUBLE L
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I have started with 80 shell stocks I will be looking for something this weekend. I have narrowed the list to these so far on vol. in the last 3 months. Any ideas orinput will help. Here they are
anmle
cibm
embr
abci
isat
pasw
csbr
cxot
hard
ateg
nptu
gwrxe
qrus
egxp
yakka
rdga
fcic
spwc
nvnw
tgfn
vitc
ubale
xtrn
nthh
jlhy
gdac
prza
I plan on dropping a very small amount of cash $250 on what I pick.I know I will have to hold a long time and selling presents problems.

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lumik
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Double L; Anything I can do to help you out?
Did you ever check out ENDE? I was told that they were to release a huge pr in the next week or so describing their completed financing packages for oil projects, topping $20,000,000.00 looks good. But my track record is zero for a bunch!!! I am hoping that ENDE, TNGO, and V.NAU will rectify my mess-ups.

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DOUBLE L
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Lumik, If you want to google search the ceo.s I will have a smaller list soon.
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DOUBLE L
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My list now. I did not spend a lot of time looking at filings. These make the first cut.
pasw 60% ownership
csbr 1.4 mil. tax carryover and cash flow
cxot 13 mill. tax carryover
qrus insider buys at .025
rdga maybe?
egxp ????????
fcic insider buys
nvnw insider buys
tgfn 2 mil. in cash
vitc 11.3 mil. tax carryover epwc contract
xtrn 3 mil. cash strange relationships
jlhy ton of cash 185 mil. tax carryover
I will look at share price and movement next.

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DOUBLE L
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year hi/low current price
pasw .05-.20 .05
csbr .015-.10 .02
cxot .008-.10 .02
qrus .005-.10 .04
rdga .52-2.00 1.05
egxp .08-.95 .28
fcic .80-4.5 1.07
nvnw .02-.04 .03
tgfn .03-.16 .06
vitc .008-.19 .085
xtrn .09-.22 .165
jlhy .15-.44 .31
First thoughts are make 50% and hold free shares until a reverse merger. I know I will be waiting for a while so I am looking for plays that will give me back my money soon.

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DOUBLE L
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Looking at year long charts the few I like at current price.
Pasw at bottom
fcic at bottom
vitc maybe at .07
xtrn at .16 might go to .20
jlhy at .25 will go to .35 easy.
I realize most have large spreads on bid/ask. I will have to look at level 2 and find the spread. The charts can lie if the spread is huge.

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keithsan
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PASW

COMMON SHARES OUTSTANDING

Total Number of Shares
Three Months Ended
June 30, 2004
Six Months Ended
June 30, 2004

Outstanding shares as of January 1, 2004 4,997,400
4,997,400
4,997,400

Options treated as Common Stock 990,174
990,174
990,174

Total weighted average shares outstanding 5,987,574
5,987,574
5,987,574

Net income $26,633
47,643

Net gain (loss) per common share basic and diluted $ 0.01
$ 0.01


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keithsan
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FCIC merger fell through nice amount of shares....

The number of shares outstanding of the issuer's Common Stock, as of July 28, 2004, was: 1,423,382

FCCC, Inc. Announces Expiration of Standstill and Tender Offer Agreement

NORWALK, Conn., Aug 18, 2004 (BUSINESS WIRE) -- FCCC, Inc. (OTCBB: FCIC) (formerly The First Connecticut Capital Corporation) today announced that its 90-day Standstill and Tender Offer Agreement with Wayfarer Financial Group, Inc. has expired without Wayfarer commencing a tender offer. FCCC, Inc. received a non-refundable $250,000 cash standstill fee from Wayfarer on May 20, 2004 for agreeing to the standstill period.
As a result of the expiration of the agreement, FCCC, Inc. said it will renew its search for merger, acquisition or business combination opportunities.


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DOUBLE L
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bid ask
pasw .05 .10
fcic 1.07 1.15
vitx .085 .11
xtrn .165 .175
jlhy .295 .31
I will look at the last few trades and see if mm's will sell between bid and ask. Thanks for the info keithsan.

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keithsan
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VITX

ITEM 8.01 OTHER EVENTS AND REQUIRED REGULATION FD DISCLOSURE

On September 3, 2004, V.I. Technologies, Inc. (the “Company”) announced that it has adjourned and rescheduled its special meeting of shareholders which is being held to vote on proposals related to the Company’s proposed merger with Panacos Pharmaceuticals. The meeting was rescheduled to September 30, 2004, to allow Vitex time to continue negotiations with respect to the financing proposals currently under consideration and to provide adequate time for the associated due diligence. Under the terms of the Merger Agreement between Panacos and the Company, financing proposals require the consultation and approval of both companies. Terms of any financing would be announced separately, in advance of the rescheduled special meeting. A copy of the Vitex press release dated September 3, 2004 is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference.

Preferred stock, par value $.01 per share; authorized 1,000,000 shares; no shares issued and outstanding
— —
Common stock, par value $.01 per share; authorized 75,000,000 shares; issued 58,810,686 shares and outstanding 54,428,333 shares at June 26, 2004 and issued and outstanding 45,929,875 shares at December 27, 2003


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keithsan
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a couple of them have no volume. you may be able to get in on or near the bid if you let it sit for a while.

VITX is supposedly about 45 mins from me on the other of boston, if I ever get out that way maybe i'll check em out.


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DOUBLE L
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pasw
0.050 250 09/10/04
0.050 200 09/09/04
0.050 200 09/09/04
0.050 1000 09/01/04
0.050 1000 09/01/04
0.050 2000 08/31/04
0.050 2000 08/31/04
0.050 270 08/27/04
« 0.050 270 08/27/04
ͺ 0.055 350 08/20/04
« 0.050 350 08/20/04
« 0.055 350 08/20/04
ͺ 0.100 2000 08/20/04
0.050 500 08/18/04
« 0.050 500 08/18/04
0.080 500 08/16/04
ͺ 0.080 500 08/16/04
« 0.050 500 08/16/04
ͺ 0.055 270 08/10/04
« 0.050 270 08/10/04
ͺ 0.055 270 08/10/04
0.050 10100 08/03/04
0.050 10100 08/03/04


fcic


1.100 500 09/13/04
1.100 500 09/13/04
1.100 125 09/13/04
1.100 2500 09/13/04
1.100 400 09/09/04
« 1.100 400 09/09/04
1.150 500 09/09/04
« 1.150 1000 09/09/04
« 1.200 500 09/09/04
1.450 500 09/07/04
1.450 500 09/07/04
1.450 200 09/02/04
« 1.450 200 09/02/04
1.650 575 08/26/04
ͺ 1.650 575 08/26/04
« 1.450 208 08/26/04
1.500 2500 08/25/04
1.500 2500 08/25/04
ͺ 1.500 500 08/25/04
1.450 500 08/25/04
« 1.450 500 08/25/04
ͺ 1.500 500 08/25/04
« 1.400 500 08/25/04
« 1.440 175 08/25/04
ͺ 1.500 500 08/25/04


vitc

Price Qty Time
0.110 334 09/16/04
0.110 334 09/16/04
ͺ 0.110 5000 09/16/04
0.085 334 09/10/04
0.085 334 09/10/04
0.085 800 09/08/04
0.085 800 09/08/04
0.085 1000 09/07/04
« 0.085 1000 09/07/04
0.110 2500 09/03/04
ͺ 0.110 2500 09/03/04
0.100 5000 08/26/04
0.100 5000 08/26/04
« 0.100 10000 08/26/04
ͺ 0.110 20000 08/26/04
0.100 10000 08/25/04
ͺ 0.100 10000 08/25/04
0.090 8000 08/25/04
« 0.090 1000 08/25/04
0.100 5000 08/25/04
ͺ 0.100 5000 08/25/04
ͺ 0.082 650 08/24/04
« 0.075 650 08/24/04
ͺ 0.082 650 08/24/04
« 0.075 1500 08/24/04

Xtrn
Price Qty Time
« 0.165 1000 09/17/04
ͺ 0.166 161 09/17/04
0.165 161 09/17/04
0.165 1000 09/17/04
0.165 1100 09/16/04
« 0.165 1100 09/16/04
ͺ 0.180 1700 09/16/04
ͺ 0.175 1700 09/16/04
ͺ 0.168 20500 09/16/04
0.165 20500 09/16/04
0.165 2000 09/15/04
« 0.165 2000 09/15/04
ͺ 0.168 1500 09/15/04
0.165 1500 09/15/04
« 0.165 1000 09/15/04
ͺ 0.168 1000 09/15/04
0.165 1000 09/15/04
« 0.165 5000 09/15/04
« 0.168 5000 09/15/04
0.170 10000 09/15/04
0.170 10000 09/15/04
0.170 5000 09/14/04
0.170 5000 09/14/04
« 0.170 5000 09/14/04
ͺ 0.175 7500 09/14/04

Jlhy

Price Qty Time
ͺ 0.310 500 09/17/04
« 0.295 500 09/17/04
ͺ 0.300 340 09/17/04
0.295 340 09/17/04
0.295 2052 09/17/04
« 0.295 700 09/17/04
ͺ 0.300 700 09/17/04
0.295 200 09/17/04
0.295 600 09/17/04
0.295 1100 09/16/04
« 0.295 1100 09/16/04
0.310 500 09/16/04
0.310 500 09/15/04
ͺ 0.310 500 09/15/04
« 0.295 1000 09/15/04
ͺ 0.310 150 09/15/04
« 0.295 400 09/15/04
0.310 150 09/14/04
ͺ 0.310 150 09/14/04
« 0.295 1000 09/14/04
« 0.300 1000 09/14/04
ͺ 0.310 150 09/14/04
« 0.295 200 09/14/04
ͺ 0.300 200 09/14/04
« 0.295 200 09/14/04



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DOUBLE L
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I am going fishing for now so I will return to this sun. Copy and paste did not work out to well.

[This message has been edited by DOUBLE L (edited September 18, 2004).]


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lumik
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Double L; As a greenhorn I am not totaly sure what I am looking for while googling these ceo's, and am I only looking for pasw,fcic,vitc,xtrn,jlhy,vitx ??? hope you can let me know before you go fishing! Where I live we have about four to six inches of fresh snow!!!
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keithsan
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quote:
Originally posted by DOUBLE L:
I am going fishing for now so I will return to this sun. Copy and paste did not work out to well.

[This message has been edited by DOUBLE L (edited September 18, 2004).]



Stripers?


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DOUBLE L
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No I went bass fishing. I have a small pond I need to stock. I went out for a few hours to catch small ones to stock my pond with. I did not do very good only caught 6 small 1/2-1 lb. It is a start. I went out thurs. without anything to put them in and caught about 50. Is it stripers or strippers. I would have to drive about 40 miles to catch either one.

[This message has been edited by DOUBLE L (edited September 18, 2004).]


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DOUBLE L
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Lumik usually when I dd a ceo. I will copy and paste his name into google and read the first 5-6 pages of info that match. To see if they have any other companies or any news that might be interesting or problematic. You will find all kinds of info. on them. Sometimes you can find other companies they are involved in.
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DOUBLE L
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Keithsan I think you were talking about vitx.

I dd the ceo of vitc. Some interesting news on vitc. The link has a relationship with another company to provide services at $175 an hour.

BELLEVUE, Wash., July 29 /PRNewswire-FirstCall/ -- Versatech USA, Inc. (OTC Bulletin Board: VITC - News), announced today that it had entered into a Letter of Intent, Confidential Information and Exclusive Rights Agreement with LDR International, Inc. (LDRI), a printing equipment and graphic arts products distribution company located in Portland, Oregon. Under the terms of the agreements, Versatech USA intends to purchase 100% of the assets and business of LDRI in a proposed cash and stock purchase transaction, within its exclusive rights period extending to September 30, 2004. The closing of this transaction is subject to certain terms and conditions.
LDR International, Inc., established in 1978, imports and domestically markets printing and bindery equipment, including: paper cutters manufactured by Itoh; jogger paper sheet separators manufactured by Kudo; folders and paper feeders manufactured by Shoei; and multicolor offset printers manufactured by Shinohara. Through its Fusion Systems International Division, the company integrates and distributes computerized printing software, DigiPage(TM) and Color Ray(TM) (software used by companies such as Ringer AG, Tucker Printers, and the Color Wheel), that is based on Harlequin Software Technology licensed by Global Graphics Software Limited, designed for the Macintosh, Linux, and Unix computer operating system platforms. The Company is also a licensed distributor for Epson, Hewlett Packard, Apple, and Sun where it principally markets printers, scanners, computers, and supplies to the graphics arts industry segment. Ralph W. Johnson heads LDRI and is a veteran of over 40 years as a supplier of products and equipment, including computerized printing installations, to the graphic arts and printing industries.
Steve Krakonchuk, Versatech USA's Chairman, stated, "The association of Mr. Johnson with the planned acquisition of LDRI business is a perfect match for Versatech, as it re-establishes its sales and marketing business operations. Mr. Johnson is a tested veteran whose addition to the management team will be a positive factor in the development of our business growth opportunities. LDRI has a good operating industry niche and the company possesses an extensive sales and marketing management information systems infrastructure. Versatech is not only provided the opportunity to expand its business by adding complementary product lines, but also is afforded the ability to expand its business operations geographically, while maintaining stringent operational control."
http://cbs.marketwatch.com/tools/quotes/secarticle.asp?&sid=171393&symb=VITC&siteid=mktw&guid=%7B924475E8%2D3871%2D47D5%2D96C7%2D89139BDB1641%7D&type=10003


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keithsan
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yes, meant VITC, was following up yours, didnt feel like finding my own.....lazy i guess

stripers are far but strippers are a 2 minute walk - fact.

fished for stripers 2 weeks ago, no luck but guy on side caught 5 and a blue, they were jumping out of water, driving bait fish......

gettin butt whooped at poker now. l


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tigertony
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Did'nt DD ran across this.Lots of info on shells at www.goldenlists.com
SCOTTSDALE, Ariz., Jun 17, 2004 (PRIMEZONE via COMTEX) -- OneSource Technologies, Inc. (OSRC) announced today it has signed a definitive merger agreement with privately owned First Financial Computer Services, Inc. (FFCS) of Little Rock, Arkansas. FFCS is the premier, single-source provider of equipment sales, leasing and maintenance services to large, national customers in the financial services industry. The merger will significantly expand the geographic scope of OneSource's operations as well as the breadth of services that OneSource can offer its clients. Together the companies will serve clients with operations that spread across 41 states. FFCS recorded revenue of $11.8 million for year 2003.

Under the terms of the agreement, approved by the Board of Directors for each company, OneSource will acquire all of the outstanding shares of FFCS in a combination of cash, stock and promissory notes to the four shareholders of FFCS. At the closing of the transaction the combined companies will be headquartered in Scottsdale, Arizona. The transaction is currently anticipated to close during the third quarter of 2004 and is subject to customary closing conditions.

"We view this as a merger of equals where one plus one will yield more than two. Each company has a stellar reputation in the technology industry for delivering unique and cost effective maintenance services that are complementary to each other," stated Michael Hirschey, chief executive officer of OneSource. "Merging resources enables OneSource to accelerate its national expansion in response to existing customer requests as well as extending its present service to more equipment types."

"We are excited to welcome the management and staff of FFCS to OneSource. Robert Thomason, Chairman of FFCS, will join the OneSource Board of Directors and serve as an advisor to the combined companies. Randy Thomason will serve as President of the company and Jon Thomason as Executive Vice President of Field Operations. We have great respect for the solid history of revenue growth, profitability and exceptional customer service developed at FFCS," added Hirschey.

Robert Thomason, Chairman of FFCS stated, "OneSource has an exceptional reputation in the industry for delivering unique maintenance solutions and we are delighted FFCS will become a part of OneSource with our management team and staff remaining in place. With the same successful team, we can assure our customers they will continue to receive the attention and quality care we have provided over the years. OneSource's public company status and its access to capital markets will enhance growth opportunities not previously available to us."

About OneSource

OneSource is engaged in two closely related and complementary lines of technology industry services and products: i) Equipment sales, integration and maintenance support services; and ii) high-quality compatible imaging supply products through the company's strategic partnership agreement with Micro Solutions Enterprises. OneSource is credited as the creator of the unique Flat-Rate Blanket Maintenance System, an innovative program that provides customers with a single source for office technology solutions. Visit us at www.1sourcetech.com.

About FFCS

FFCS is a leading proponent of "high-touch" customer care and preventative maintenance services with demonstrated technical expertise in areas such as check, remittance and lockbox processing and equipment refurbishment. FFCS is the only company in the country that supports new and used transaction processing hardware from all the major manufactures, e.g., Banctec-(r), IBM(r) , NCR(r), Unisys(r), Fujitsu, Sheartech, CheckTech and a division dedicated to IBM(r) 3890 support. Currently, FFCS's customers include nine of the twenty-one largest financial institutions in the United States and seventeen of the top 50 institutions in terms of total assets. Visit FFCS at www.ffcs.com.

Product and company names mentioned herein are for identification purposes and may be trademarked or registered trademarks of their respective companies.

Certain statements in this release may be "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company's products and services; and assumptions relating to the foregoing.

Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information.

Some of the important factors that could cause the company's actual results to differ materially from those projected in forward-looking statements made by the company include, but are not limited to, the following: fluctuations in operating results, intense competition, past and future acquisitions, expanding operations into new markets, risk of business interruption, management of rapid growth, need for additional financing, changing customer demands, dependence on key personnel, sales and income tax uncertainty and increasing marketing, management, occupancy and other administrative costs.

These factors are discussed in greater detail in the company's Annual Report on Form 10-KSB for the year ended December 31, 2003, as filed with the Securities and Exchange Commission.

SOURCE: OneSource Technologies, Inc.

OneSource
Michael Hirschey, CEO
1-800-279-0859
mhirschey@1sourcetech.com

Rudy R. Miller, Chairman
The Miller Group
Investor Relations for the Company
1-800-655-5540
OSRC@themillergroup.net



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lumik
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Double L; I just couldn't find anything negative on these ceo's....
PASW - Cornelius Pete Peterson
FCIC - Bernarn Zimmerman
VITC - Thomas O'Connor
XTRN - James H Chamberlain
JLHY - David Burt
VITX - Pierre Laurin

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DOUBLE L
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Here is what I got so far.
fcic merger with wayfarer fell threw.
xtrn merger with aduromed fell threw
pasw insiders control 60% and it looks good
vitc has a relationship with epwc to find merger
jlhy have to much cash and tax carryover for a small company to take over. It would have to be a big company. Ceo live the ceo lifestyle of the intrest of past business.

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DOUBLE L
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This could be good or bad. Might have someone better looking at the company.Or they might give cash dividend.


BROOMFIELD, Colo.--(BUSINESS WIRE)--Sept. 13, 2004--Xtrana, Inc. (OTCBB: XTRN) announced today that it has terminated the previously announced negotiations with Aduromed Corporation regarding a potential business combination between the two companies. Xtrana determined to end negotiations and terminate the non-binding letter of intent with Aduromed as result of Xtrana's due diligence investigation of Aduromed and its business.

James Chamberlain, Xtrana's Interim CEO commented, "Despite termination of discussions with Aduromed Corporation, we will continue exploring potential transactions for merging or otherwise joining together with an existing business that could create long-term stockholder value while simultaneously examining a possible liquidation of Xtrana and distribution of its remaining assets to stockholders."
The Xtrana Board of Directors continues to believe that Xtrana can attract interest from other businesses that might benefit from access Xtrana's funds, as well as Xtrana's status as a public company with a clean reporting history. It is the intention of the Xtrana Board of Directors to continue to spend a limited period of time exploring opportunities to find a merger candidate, and if it is unable to conclude a transaction that it believes would provide long term stockholder value, to propose that the stockholders approve a liquidation of the company.


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DOUBLE L
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XRTN has a book value of .18 but they have to hold 1 mil. For 18 months. So unless you are in the long term it value drops to .12. They might give a dividend of .12 and hold shell and 1 mil. To look for a partner. They have been successful at selling parts of the business. I will watch for them starting up new ventures.
Jlhy has a book value of .34 without 185 mil. tax loss carryover. The insiders are doing the good old boy system selling shares at .04 or .02. Ceo. Has done well this year collecting past due accounts and getting tax credits. The real question is will he be willing to sell his golden goose or will he keep collecting eggs. They have 32 mil. In cash and can not stay profitable with interest. Not good. Mix this with cheap shares and I do not see a long term gain unless they merge with someone big. I will keep an eye one this one at the .25 level.

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DOUBLE L
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I need to find some info on vitc and their relationship with epwc mangement.
I will also look at the best so far pasw.

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Wallace#1
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LL,

Figure you looked at PASW's last 10QSB. If not, issued and outstanding (50 mil auth)is about 5 mil not incl options. If options added in brings it to about 6 mil I/O. Someone controls (maybe combined) 60% of the common which means the float is either about 3 mil shs or if add in options about 3.6 mil shs. Further, there are no Pfd shs issued out of 10 mil auth. The Pfd, when/if issued, can be set up as a voting arrangement where whoever has it can control the whole company even with as little as one share.

Obviously they have made some EPS which may decline in the future. Also, their acid test ratio is great...2 to 1. Looks like a rather clean company for acquisition providing mgt/controlling shareholders agree.
If do not agree, can easily fight it with both the common control and with the option of issuing Pfd.

Best thing that could happen to them is some kind of merger.

.05 price is also attractive, since more shs can be purchased at that figure for the same amount of $$$. Apparently has been trading at .05 for some time now...even though ask is .10. $250 should be able to buy 5000 shs.

PS: Profit margins look great as well but I doubt if that means anything since their earnings are based upon that deal with a Japanese co. (their only client left). Also, if I remember right, they had no LTd...but that needs rechecking.

[This message has been edited by Wallace#1 (edited September 19, 2004).]


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Wallace#1
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Re: VITC

Ratio of Current Assets to Current Liabilities is really bad. Acid test worse.
LTD of 227+K with no apparent way to repay but amounts of 77K due 04 and balance 05 from what I can determine. Sales have been declining for Qtr and 6 mos...minimal sales.
They plan to discontinue their dietary supplements marketing. Issued and Outstanding apparently is about 20.5 mil. shs. No idea as to ownership or control by insiders.

Insider dealings abound. Even had a loan back in 2001 at 20%. Also dilutions in the form of payments to mgt for services and debts.

To me, it looks like someone is going to have to pay off that $227K+ debt (insiders owed) before anything can happen re a merger of any kind...reverse or otherwise.

Here's what was in the 10QSB re EPWC:

NOTE 2 - RELATED PARTY TRANSACTIONS (Continued)

In February 2004, the Company entered into a contract with EPWC Management, Inc. ("EPWC") to provide management consultation services. The contract became effective January 1, 2004 and will continue for two years with the option of extension at that time. EPWC will provide ongoing consulting services for $5,000 per month throughout the two year term. A retainer of $30,000 was paid to EPWC which may be used for payment during the agreed term. In addition, EPWC received 600,000 shares of the Company=s restricted common stock for services valued at $0.056 per share. Furthermore, the Company issued EPWC a stock purchase warrant for 1,000,000 shares of common stock with a warrant price of $1.00 per share. Accordingly the Company has changed the value of the warrants to expense in the amount of $10,625.

I don't think I would go for this one at all.


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Wallace#1
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Dbl L,

Rechecked PASW for LTD...appears to be none.
Cash = $209.6K and Receivables around 31K.
Current Liabilities at $113.8K

This and prior post came from their Aug/04 10QSB which was the latest filed.

Another positive about PASW is the fact that they do file with the SEC.

Apparently this is their only source of revenues (the Japanese deal I mentioned above):

our subsidiary, National Research Corporation – Japan ("NRCJ"). In January 2003 the sales office was closed however NRCJ will continue to receive royalty income from former NRCJ customers.

[This message has been edited by Wallace#1 (edited September 19, 2004).]


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DOUBLE L
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I guess I did a half azz job telling people what way I was going. I planned on pasw just never posted. I will put a buy in mon. for 5000 at .05 gtc and let it ride for a few weeks. VITC might think it is worth it to pay ewpc that kind of money if they can link them up with somebody good.I could not find any info on ewpc.
You might look at vitx. Might be a good play by the end of the month.Keithsan mixed up symbols It might look good. I am looking at enui for a small profit. I have played it before. They did a r/s and did not kill shareholders. I am looking at oghi for a small bounce also. I will post if buys go threw.

[This message has been edited by DOUBLE L (edited September 19, 2004).]


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Dbl L,

Good Luck!!!!!


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