posted
IVGA is becoming an internet darling. WTF? All of a sudden I'm seeing it promoted right and left. Makes me wonder if someone knows something that I don't. I mean, I engage in my own DD, but I don't have a staff of researchers. Must either be the $9 million in revs, or another potential acquisition on the near horizon.
In like Flynt, may buy more on the dips. Here's to a good week!
Posts: 32 | Registered: Jan 2005
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-------------------- 4,311 heads are better than one...unless that one is a market maker Posts: 271 | From: california | Registered: Jan 2005
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posted
Still holding. I don't see any reason to get rid of this now. It should move up in the days to come. Hopefully today.
Posts: 65 | From: valrico, FL, US | Registered: Dec 2004
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MIAMI BEACH, Fla.--(BUSINESS WIRE)--Feb. 1, 2005-- ISIP Telecom Inc. a wholly owned subsiduary of Invicta Group Inc. (OTC BB: IVGA) announces that it has signed a letter of intent to acquire European Telecom Technologies (ET&T). ET&T has its main offices in Madrid Spain and points of presence in the UK, USA, Colombia, Argentina and Ecuador. Its goal is to expand in the USA offering VoIP services to new customers. Currently sales are Euro 120,000 per month ($156,000) and growing at a fast pace, expanding network and profits every month. ET&T is using VoIP as a transport for interconnection and long distance, and has started to design VoIP products for end users. ET&T has experience in the Spanish market, one of the most competitive markets in Europe and currently provides Ethnic Groups with a variation of Calling Cards specially designated for specific markets. ET&T also provides VoIP termination to a number of Call Shops through out Spain and is beginning operations in Colombia and Ecuador. ET&T is developing VoIP product to end-users that includes WI-FI telephony in pocket areas of Spain and Latin America for ethnic market groups, Corporate VoIP Systems and Residential Products. ET&T CEO Roberto Cattaruzzi and David Scott C.O.O. of Invicta agree, "we are very exited with this opportunity, we will aggressively expand into the next VoIP carrier level; together with ISIP Telecom, we will have the tools and resources to maximize our companies and achieve our goals."
About Invicta Group Inc.
Invicta Group Inc. is a technology company that specializes in the Travel and Entertainment Industries. The company has the following three divisions:
-- Travel: engaged in offering airline tickets, hotel rooms, car rentals and other travel-related products over the telephone and Internet 24/7 through our web sites located at www.dontpayfullfare.com- an international air consolidator offering non published rates to travel agents, www.airplan.com - a Las Vegas tour operator offering travel and entertainment products for Las Vegas travelers, and www.lasvegasexcitement.com.
-- Entertainment: offering complimentary Casino Resorts rooms, meals, and shows to qualified players at 30 casinos in North America and the Caribbean through our web site located at www.casinoratedplayers.com; and
-- Technology: IVGA owns its own search engine "on the fly faring." In addition, IVGA recently acquired ISIP Telecom Group, Inc. (www.isiptelecom.com), which provides the ability to make telephone calls worldwide via the Internet with clear reception at low rates. ISIP Telecom will soon be offering its services to the travel industry, and has already entered into interconnection agreements with major operators in the U.S., Europe, & Latin America via VOIP & PSTN for traffic termination and origination.
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. Invicta Group Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Invicta Group Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.
KEYWORD: EUROPE NORTH AMERICA FLORIDA UNITED STATES SPAIN INDUSTRY KEYWORD: ENTERTAINMENT TECHNOLOGY INTERNET TRAVEL MERGER/ACQUISITION SOURCE: Invicta Group Inc.
CONTACT INFORMATION: Invicta Group Inc. David Scott, 1-305-866-6525
Posts: 922 | Registered: Jun 2004
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posted
Huge over-reaction today, but they are selling into strong hands, so going forward, the weak are replaced by the strong. Ah, the wonders of pennyland!
Still holding firm and looking to buy more.
Posts: 32 | Registered: Jan 2005
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Interesting article on VoIP today. -------------------------------------
Globe And Mail Wednesday, Feb 2, 2005 "Analysts see VoIP hitting critical mass" By Angela Barnes Globe and Mail Update
The so-called voice over Internet protocol (VoIP) industry could finally be hitting critical mass, just as the satellite radio industry did early in 2004, according to a report by telecom analyst Michael Rollins and cable analyst Niraj Gupta, both of Smith Barney.
The pair don't dispute the view that the cable companies are best positioned to benefit from the move to VoIP, at least in the short term. U.S. cable companies have been offering phone service for some time and ''in our opinion, voice over IP only serves to enhance their offering,'' they wrote.
But they expect to see the wireless companies get into the game in the medium term, "as VoIP services seem like a natural extension of their cellular voice offerings" particularly as handsets become available that handle both cellular and wireless VoIP telephone calls. "We see the potential for a very compelling 'one-stop voice shop' offering from the wireless companies," they said.
There are some pure VoIP companies, but they are facing an uphill battle against entrenched cable and telephone companies, the two analysts said.
Posts: 32 | Registered: Jan 2005
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posted
Nice up day on heavy volume. Larger traders are starting to sniff around. That's a good sign. My guess is that we close above .01 tomorrow heading into the weekend, with better than average volume.
This one's chart is screaming a buy signal. volume will be increasing even more shortly!
Posts: 32 | Registered: Jan 2005
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posted
Okay, closed not at a penny, but right at it, at .0098. On pretty much exactly average daily volume. I'll take that on a Friday. Stock is performing very well and is making all of the classic moves, and traders are all making their classic sterotypical moves (selling too early, etc.). Very comfortable to be in a stock that tend to prove some of the basics of aggressive stock trading. My bet is that next week will be an up week again. GLTY
Posts: 32 | Registered: Jan 2005
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posted
Money on the sidelines. Trading very skittish today. Looks like MMs are gonna bring her down again. I'd expect a volume increase at .007 if we even hit that low. This reminds me of MSSI and HDLR last year. classic patterns.
Posts: 32 | Registered: Jan 2005
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Man... and traders are falling for it! Wow, the intraday trading was interesting today. The MMs would drop the stock on the smallest sell share count, thereby allowing him to rake in all the limit orders and bring new traders to the board. This would send the stock back up. So it was a rollercoaster ride today. Lot's of new money coming in. Money Flow index has been rising. The lull is supposed to force out emotional traders, which it is doing. I'm glad, since it will prevent them from selling during a rally.
Posts: 32 | Registered: Jan 2005
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Invicta Group Inc. Launches Last Minute TRAVEL Website MIAMI BEACH, Fla., Feb 11, 2005 (BUSINESS WIRE) -- Invicta Group Inc (IVGA) and its wholly owned subsidiary www.rulastminute.com have launched the premiere Supersite for travel. The Company's goal is to become the most complete and comprehensive source of discounted travel information, products and services available, on the Web.
Today's travelers are traveling at the last minute and are looking for discounts; they are utilizing info from online portals and today are comfortable buying travel products online.
www.rulastminute.com will offer last minute travelers the best-discounted destinations and products to purchase online. The traveler will click onto the Travel Supplier's web address and purchase directly.
www.rulastminute.com will earn revenues from travel suppliers that have perishable inventory that are willing to sell at a discount...at the last minute...online. RULastMinute will charge an advertising fee for promoting the Travel Suppliers product offering an array of marketing campaigns geared at RULastMinute's database of Bargain Travel seekers; and will ultimately result as the online travel "category killer."
The Company's management believes that one of the most important features will be the www.rulastminute.com website, customer data base, and directory of travel services that will allow millions of users to easily find evaluate and confirm reservations for travel services such as: airline tickets, package tours, hotels rooms, bed and breakfasts, restaurants, attractions, sightseeing tours and ground transportation. Providers of these travel services will be invited to use www.rulastminute.com enhanced Website to more effectively reach their targeted market customers.
David Scott C.O.O. of Invicta says "this is another roll out of our business plan to which we have been carefully following; with the worldwide list of suppliers we have I am sure this site will be a huge success"
Invicta Group Inc. is a technology company that specializes in the Travel and Entertainment Industries. The company has the following three divisions:
-- Travel: engaged in offering airline tickets, hotel rooms, car rentals and other travel-related products over the telephone and Internet 24/7 through our web sites located at
-- Entertainment: offering complimentary Casino Resorts rooms, meals, and shows to qualified players at 30 casinos in North America and the Caribbean through our web site located at
-- Technology: IVGA owns its own search engine "on the fly faring." In addition, IVGA recently acquired ISIP Telecom Group, Inc. ( www.isiptelecom.com ), which provides the ability to make telephone calls worldwide via the Internet with clear reception at low rates. ISIP Telecom will soon be offering its services to the travel industry, and has already entered into interconnection agreements with major operators in the U.S., Europe, & Latin America via VOIP & PSTN for traffic termination and origination. SOURCE: Invicta Group Inc.
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