posted
Just came accross the wire. Trading took off like crazy. I didn't have enough funds to buy many, but it may be a good deal, unless I'm interpreting things wrong.
Bach-Hauser Announces Sobeys Selects DM2 Technology Related Stocks BHSR
SBY
MONTREAL, Dec. 2, 2004 (PRIMEZONE) -- Bach-Hauser (BHSR - news) is pleased to announce Sobeys Quebec has chosen Bach-Hauser's wholly owned subsidiary DM2 Technology's POS (point-of-sale) terminals for their chain of stores such as IGA, Rapido, Boni-Soir, Bonichoix, and Le Depanne. The agreement is for up to 600 units to be delivered and installed immediately. The company sees a good recurrent revenue flow from these terminals from three sources: credit card transactions, prepaid long distance cards and Interac transactions based on the high volume and high frequency of use in the Sobeys' stores.
Bach-Hauser is proud to have a company of such high caliber and reputation as Sobeys join the ranks of retailers who have chosen DM2 Technology's POS (point-of-sale) equipment and software to handle their customer's bankcard and credit card transactions and their prepaid long distance card needs. Now you can swipe your card on a DM2 terminal to pay for your cellular phone to gas to groceries at your local IGA.
This agreement with Sobeys solidifies DM2's record of reliability and service and is further proof of the technological edge of DM2's equipment over all its competitors. Sobeys joins DM2's growing list of corporate clients and strategic partners such as Rogers Wireless, Dynacard Capital, Ingenico, Lipman, Datawest, CIT, BCE Emergis, Datawest, EasyHome, and Teleplus.
About Sobeys
-------------------- Derek S Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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> MONTREAL, Jan. 7, 2005 (PRIMEZONE) -- Bach-Hauser (Pink Sheets:BHSR) announced today that Fortune 1000 Group, a publicly listed company on the TSX Venture Exchange symbol FRT, has made a proposal to the company to acquire all its outstanding shares. The directors of Bach-Hauser believe the acquisition price should not be under $1.00 USD per share. This price is predicated on Bach-Hauser's present revenue and projected revenue based on POS (point of sale) terminals presently active in the field and under contract to be installed this year.
On Tuesday January 11, 2005 the company will issue a press release regarding revenue and revenue projections. The company is also aggressively targeting other companies in the same industry for acquisition.
About Fortune 1000 Group
Fortune 1000 Group, with head offices in Sainte-Foy (Quebec), is a leader in the development, sale and support of accounting, commercial and banking management systems.
About Bach-Hauser, Inc.
Bach-Hauser, Inc. through its wholly owned subsidiary DM2 Technology is a provider of specialized POS equipment and software, which provides greater flexibility and reliability for debit and credit card financial payments. The company currently sells its products and services through traditional retailers, online retailers, taxis and courier companies.
DM2 Technology specializes in the sale of POS (point of sale) equipment and software to handle bankcard and credit card payments. DM2 Technology has been in the business of handling Interac and Credit Card transaction payments since the government of Canada deregulated this market. At present, DM2 has terminals in retail outlets in every province except for Newfoundland and PEI. DM2 has a growing list of corporate clients and strategic partners such as Rogers Wireless Communication, Dynacard Capital, Ingenico, Lipman, Datawest, CIT, BCE Emergis, Datawest, EasyHome, and Teleplus.
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that production, pricing levels or other factors pertaining to the manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in the Company's most recent SEC filings.
CONTACT: DM2 Technology Inc. Martin Grenier (514) 448-6070
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might be worth watching
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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SO ARE THEY TRYING TO TELL US THIS COULD BE WORTH A BUCK WITHIN WEEKS OR MONTHS
I think they are, if I understand it correctly. Looks like a solid company in any event, not mostly built on "hype" and/or press releases, but rather on real products and services and a substantial customer base.
Posts: 277 | From: San Jose, CA USA | Registered: Dec 2004
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posted
Yeah, I bought a little on the initial news, and THEN quickly did some more DD. It already had a "Buy-If" rating from American Bulls, so that looks good too.
Posts: 277 | From: San Jose, CA USA | Registered: Dec 2004
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posted
I am in too, watched it for a while went to .19 and .21 was just moving back and forth then went to .23 so i though i better get in before it flys and volume is really picking up i bought a chunk of this i think it can move, thanks again!!
16000 shares at .23 holding till .60
Thanks!
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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quote:Originally posted by imran: I am in too, watched it for a while went to .19 and .21 was just moving back and forth then went to .23 so i though i better get in before it flys and volume is really picking up i bought a chunk of this i think it can move, thanks again!!
16000 shares at .23 holding till .60
Thanks!
I hope it works. I'm going to sell off some at .34, and then have some free shares for the rest of the ride. But I'm not as brave (or rich) as you. Posts: 277 | From: San Jose, CA USA | Registered: Dec 2004
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This might be a good time to get in, with the money PR due on Jan 11th now this might be some serious coin come monday.
Posts: 204 | Registered: Jan 2005
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posted
i am thinking of buying more, cause i think the the only way this stock doesnt go up is if this is bs pr and yeah that is possible with pinks imho. Any thoughts???
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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posted
I also bought at 0.21 - right after the news hit - anyone else surprised this hasn't gone up anymore than it has? By all indications, it looks like a good company with good ratings ... ?
Posts: 41 | Registered: Apr 2004
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posted
There certainly is a volume increase. I think the OS is about 40M. Maybe after lunch people will see the news. Check the volume. It rose before the PR, right after the pr and then another spike at 12:30 (lunch trades?).
Posts: 347 | Registered: Aug 2004
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posted
well i am surprised if it means anything lol, but if/when it gets passed .25 i am in for more!! this looks like a real good PR cause they said nothing less then a $1 so h*ll that can even mean $10 lol so yeah i thikn it should be at $1 soon!! so yeah once .25 passes i am in for more
Posts: 429 | Registered: Jan 2005
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posted
SO FOR 7,500,000 I COULD PURCHASE THE REST OF THE SHARES AND TURN AROUND AND MAKE ABOUT 40,000,000 ILL HAVE TO THINK ABOUT THAT BUT THE WIFE MIGHT GET MAD IF I GET INTO OUR SAVINGS,
LOL
-------------------- Derek S Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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posted
being a pink sheet it won't push the pps like a big board stock but with the right news tuesday it could be a 2 or 3 bagger
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IOCircuit
LAKE HARMONY, PA -- (MARKET WIRE) -- 01/07/05 -- The IOCircuit recommends Bach-Hauser (OTC: BHSR) on the takeover offer by Fortune 1000 Group to buy all outstanding shares.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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"The IOCircuit gets your news strategically placed on financial web sites where millions of active investors research the news. We pick the most active stocks of the day with "Hyperlinks" to your company news to Triple your circulation - for an affordable price."
Posts: 204 | Registered: Jan 2005
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quote:Originally posted by glassman: this pinkie has SEC filings going back to at least 1999 tooooo...
Thats what this company has going for them. If someone has enought time I'd suggest having a look through the sec filings...maybe we can find out if we are actually worth something close to a $1USD/stock.
Just don't like it when people post things from sites that are paid to recommend companies to investors.
Posts: 204 | Registered: Jan 2005
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posted
That's BS anyway. It is promo material about the company out on the market and relevant to investors. Its called exposure. I will look to see if its paid for from now on OK.
Posts: 347 | Registered: Aug 2004
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-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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quote:Originally posted by glassman: the market isn't responding as if they do...
but i plan to put a little time into it this weekend myself...
...ugh...
ITEM 2. CHANGES IN SECURITIES
On September 15, 2004, we effected a 1 for 6 reverse split of our common stock and correspondingly decreased our authorized shares common stock from 250,000,000 to 41,667,667. As a result of the reverse split, our outstanding shares of common stock were reduced from 135,656,013 to approximately 22,634,392, subject to rounding.
On November 15, 2004, we increased our authorized common stock from 41,667,667 shares to 300,000,000 and created 50,000,000 authorized shares of preferred stock, pursuant to the Written Consent of Shareholders holding a majority of the voting power of our....
Who was talking about opening our own pinksheet company? Trading stocks is chump changed compared to the amount of money pulled in by companies that actual issue the stock.
Posts: 204 | Registered: Jan 2005
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quote:Originally posted by imran: so do u guys suggest i sell???
i bought it at about this price.
please let me knwo what u guys would do
Thanks!
Imran you need to determine that on your own. Go ahead and take control of your investing. You can sell now at cost, or sell later at less, more or even to where you entered. I am not an expert but the best advice I have heard is to not put anymore into a pinkie than you can afford to lose.
Read the past PRs and learn to read the filings. With that information you should be able to make an informed decision. That is unless you want to avoid all that and sell right now.
Stocks fluctuate in value.
Posts: 347 | Registered: Aug 2004
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posted
over 5M traded today and it held really firm. I guess we that held get to look forward to Monday.
Posts: 347 | Registered: Aug 2004
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