posted
I jumped in today, 2 good pr's one yesterday and one today, should move with holidays ending.
SoftNet Technology Wholly Owned Subsidiary, WholesaleByUs, Sets up New Customer Service Department - CEO Buys More Shares of STTC Wednesday December 29, 10:34 am ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--Dec. 29, 2004--SoftNet Technology (OTCBB Symbol: STTC - News; German WKN#: A0B7RZ) announced that WholesaleByUs (WBU) put into place a new customer service department in preparation for the New Year. Additionally, SoftNet CEO continues his purchase of STTC shares in the open market at prices as high as $.165. Last week, new workers were added to build sales through the addition of new products and new portals. In preparation for this expected jump in growth, WBU added another person just to handle customer service for customers who buy products through the WBU system. Even though most of the sales are transacted through third party portals such as EBay.com and now Yahoo.com, STTC wants to make sure that WBU provides for the best customer care possible.
Back in October of this year, WBU moved to a new facility in Arizona to be able to handle growth going into 2006 and beyond. The customer care center was set up now to be fully operational in the first week of January 2005 because sales in the first quarter of 2005 should far outpace the 4th quarter holiday season of 2004 that is just coming to a close. Sales expanded much quicker than expected over the past 3 months and look to accelerate even faster in 2005. It was for this reason that the company added these new procedures and customer care service center now so as not to have an interruption in sales and service later.
"I continued my purchases of STTC stock this past week because of what I see as possible going into 2005 and 2006," said Mr. James M. Farinella, CEO/President of SoftNet Technology. "It is exciting to know that we have just added so many new procedures that will be in place shortly that should have a major effect on our growth going forward."
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Press Release Source: SoftNet Technology
STTC Wholly Owned Subsidiary, WholesaleByUs, Begins Selling On Yahoo.com Tuesday December 28, 10:00 am ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--Dec. 28, 2004--SoftNet Technology (OTCBB Symbol: STTC - News; German WKN#: A0B7RZ) announced that WholesaleByUs (WBU) today expanded product Distribution to Yahoo.com. Sales and the gross profit for WBU, in the first quarter of 2005, are now expected to be significantly higher than previous estimates. With the 9 new workers that have been added to the WBU team, the whole litany of products will all be uploaded into the WBU system this week for sale on Yahoo.com. Additionally, more portals will be added very quickly. Here in the United States, sales in the first quarter of 2005 should far outpace the 4th quarter holiday season of 2004 that is just coming to a close. Distribution to the European Union is also expected to begin in the near future.
Just a couple of weeks ago, WBU enhanced the programming and technology for placing and selling other companies products on the Internet. These additional technological advancements have taken approximately two weeks to implement. Shipping adjustments are also being made to improve the efficiency in delivering product to the end user. As these adjustments are instituted over the coming weeks, profitability will increase even further.
"2004 has been great, but 2005 is going to be a magical year for STTC," said Mr. James M. Farinella, CEO/President of SoftNet Technology. "Our focus in 2005 will be to reach profitability as quickly as possible for the overall Company."
posted
i'm laready in, thats your call, i'm hoping this wall falls today if not, it should fall soon, this is one of my swing plays where it should finish higher in a few days, with some luck it should go much higher.
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posted
BERNARDSVILLE, N.J., Jan 3, 2005 (BUSINESS WIRE) -- SoftNet Technology (OTCBB Symbol: STTC) (German WKN#: A0B7RZ) today announces the expansion of Wholesalebyus (WBU) to the European Market. Shipping of the products sold will initially be sent from the United States.
WBU is in the process of finalizing an arrangement with one of the major express shipping companies for distribution from the USA to Europe. The new personnel that were recently hired by WBU will be working to list the different products already for sale in the United States for sale on the different URL's in the different countries in Europe. A start date for actual sales to be realized is expected in the next few weeks. In time, a new website with the .de will be setup for access by German customers. Likewise, additional websites (such as .uk for the United Kingdom) will be setup for all the different countries in Europe.
In the meantime, all necessary technical details are being put into place for sales of products from the European Union to consumers of the European Union. These sales will be run through the Frankfurt based Subsidiary from a fulfillment center set up by the Subsidiary in Frankfurt, Germany. Holtermann & Team GmbH is in the process of changing It's name and financial year-end from March 31 to December 31. The new name of the German subsidiary will be released to the public when the name change has been approved.
The expansion to Germany and Europe is expected to yield great results due to the extensive contacts developed by the Managing Director of STTC's German Subsidiary. Much of the setup work has been completed at this point. In fact, there are already numerous businesses that currently will provide product for WBU in Europe. It is expected that once sales begin overseas that additional countries will be added at a rather quick pace.
posted
I've followed STTC since it it bottomed out in Sept., but (foolish me) didn't get in until .105 (the first time). That's only a 50% gain for 2.5 months, which is terrible if you're picking right in pennyland.
That said, I''ve stuck around while this has traded sideways because the acquisition of WholesaleByUs is thoroughly transforming STTC. If you have a look at the many PRs they have issued since October, you will notice a consistent trend of drastically raising monthly, quarterly and annual projections. For example: Q4's projection was raised to 700% of Q3's revenues. Not only this, but 1) WBU's product line has increased from 150 to over 25,000 in the last several months, 2) these products are now being marketed and sold on major portals, e.g. Ebay, Amazon, and Yahoo as of last week, with further expansion on the immediate horizon. 3) Today's PR fulfilled a long anticipated movement: expansion into Europe 4) Personnel has increased dramatically, and 5) the CEO owns well over 2MM shares, including buys above the present pps. Also, the biometrics end of the company (solutions technology) is also rolling again....
Of course, as I've noted on another board, this stock will not really perform until Q4's numbers are out, which the company (according to a PR) will release earlier than usual, i.e., end of January/beginning of February, rather than mid-March. The proof is in the pudding: once Q4's numbers post, there is NO reason (other than serious MM manipulation) STTC won't blow the doors off. After reading all the info available, one must conclude this, or that every PR issued over the last few months is entirely ludicrous propaganda.
In light of all this, thing will be ramping up in advance of the release of annual numbers in 1 month's time. IMO, the time to load up is NOW, and accumulate on any dips to sub-.15 that occur before the end of the month. For anyone doing T/A (which is somewhat valuable here, because STTC has been subjected to very little irrational market manipulation), the chart is begging for a breakout.
So, BUY NOW!!! IMHO. : )
If anyone has further, or contrary, DD, please feel free to share.
posted
.17 and running! Almost tested the 52wk high, as well. You'll see much more of this in days ahead. There are a great number of outstanding developments currently underway with STTC. Those who hold are in for a very good year. Do your DD - the company is quite vocal about the explosive growth it is generating. 2005 will bring continually increasing sales from an ever-expanding line of products via more and more internet portals in more and more countries throughout the world. In this way, 2005 will bring profitability for the company. If I sound enthusiastic, it isn't because I'm pumping the stock - instead, I am genuinely and justifiably excited about what lies ahead.
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Press Release Source: SoftNet Technology
STTC Subsidiary, Wholesalebyus, Signs National and International Shipping Deal with DHL Friday January 7, 3:49 pm ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--Jan. 7, 2005--SoftNet Technology (OTCBB Symbol: STTC - News; German WKN#: A0B7RZ) wholly-owned subsidiary, Wholesalebyus (WBU), today announces the signing of a new exclusive shipping arrangement with DHL for the shipment of goods purchased through the WBU system. The shipping arrangement is for both the United States and Internationally. This final hurdle clears the way for sales to actually begin in international markets. DHL ships to well over 200 different countries. This aggressive pricing plan entered into with DHL was instrumental in many ways. Specifically, DHL was able to provide such fantastic pricing that WBU will not only be able to compete pricing wise in Europe, but will actually have a competitive advantage. To make the purchase of products through the WBU system even more attractive, WBU will cover all broker fees for products shipped to Europe.
Domestically, this shipping deal means many things to WBU and the customer. Products will reach the customer much quicker than before. Secondly, WBU drastically improves profitability through lower shipping costs. Through this aggressive pricing plan, DHL has even agreed to provide some of the shipping supplies necessary for delivery of the goods to the customer. Again, this further increases the profitability of WBU. DHL is able to provide WBU better pricing than all of the other express shippers and even the post office.
"To be associated with such a reputable shipping company like DHL is really special," said Mr. James M. Farinella, CEO/President of SoftNet Technology. "With the Marketing plan and shipping and distribution in place, STTC is really poised for a special year. Sales should explode more than anyone ever thought."
Please visit our website at www.softnettechnology.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
-------------------------------------------------------------------------------- Contact: SoftNet Technology James M. Farinella, 866-898-4842 Local: 908-204-9911 www.softnettechnology.com
posted
it should be a good stock for a while, owner has bought a bunch of shares, take profit as you play though try and save some "free shares" if possible
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good decision ghostrader, hold this through the 2005 holidays and you will be happy. Watch the volume people, once we get over 4, 5, 6, 7, 8 million, this thing is really gonna go
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posted
mild resistance at .20 broken - ask now at .205. Compound: I think your call is right on volume. Friday had very uncharacteristically high volume for STTC at 3.5MM. Once that is firmly surpassed, things should head up steadily. pps now .205.
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A word to all who bought/held today: In light of the 50% increase in pps over the last two trading days, some might be inclined to take profits.
A sensible thing to do, of course; a bit of retracing is likely, after all. Nevertheless, consider this: the prospects - not the ever-elusive and vague "potential" often attributed to businesses by enthusiastic investors - for STTC are tangible and they are enormous. Wholly-owned subsidiary WholesaleByUs is experiencing explosive growth through market expansion (including entrance into Europe), the quantity of products featured (now over 25k and increasing regularly), greatly increased market exposure through major Internet consumer portals (e.g. Amazon, Ebay, and now Yahoo!, etc.), and so on. Because of these and other developments, such as adept implementation of order-processing technology, WBU is consistently smashing revenue projections. As market exposure expands, and other ways are found to enhance profitability (such as logistics services courtesy of DHL), WBU will continue to propel STTC forward.
All this to say, this stock will continue to grow at a fairly brisk pace for the long-term, such that 1.00 is realistically attainable in 2005. Annual numbers alone (reflecting Q4 2004 as a breakthrough quarter), coming in about one month, should easily see the pps to the .40-.50 range, particularly because it fulfills word of the many excellent developments provided to us via PRs.
This, then, is an (admittedly long-winded) exhortation to maintain a position here - at the very least with "free" shares you've earned - in a very profitable and exciting, yet dependable stock. IMO, you will not be disappointed.
posted
Thoughts about tomorrow's action? Pare down to around .20-.205 and create new base, or further north tomorrow?
RSI: broke 70 - bullish MACD: cut well above MA about .007 with significant divergence - very bullish BB: met upper BB on Friday. Handily broke and finished well above today - bullish. Chaikin, Accum./Dist.: Oh Yeah.
posted
Volume: 6,833,078, the other time the volume jumped like that was in november when the stock went fron 7 cents to 18 cents. I see this thing at.30 really soon
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************.com: ************.com announces featured stocks of interest and stocks on the move for 10 January 2005
Virginia Beach, VA., Jan 10, 2005 (M2 PRESSWIRE via COMTEX) -- ************.com has compiled a short list of stocks on the OTCBB and Pink Sheet markets that are performing well today. Some of today`s top performing stocks include: NowAuto, Inc. (OTC: NWAU) is up .03 this morning to .82. The stock has been in an uptrend since late December, 2004. Markland Technologies, Inc. (OTCBB: MRKL) is up .095 to .825 so far this morning. PTS, Inc. (OTCBB: PTSN) is up .0003 to .001 on news of an increase of 54% in revenues from the last quarter. SoftNet Technology (OTCBB: STTC) is up .024 to .205 on news this morning. The stock has also achieved a 52 week high today.
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