posted
Had news on Thursday look for this one to move nicely this week.
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Subjex Corporation Signs Acquisition Agreement With FarSuperior Management, LLC to Acquire Profitable Search Engine Directory
MINNEAPOLIS, MN, Dec 01, 2005 (MARKET WIRE via COMTEX) -- Subjex Corporation (OTC BB: SBJX) announced today that it has signed an acquisition agreement with FarSuperior Management, LLC to acquire its primary business, FarSuperior.com. The integration into Subjex and the final closing will be completed prior to January 2, 2006. FarSuperior.com is a profitable zip code/category-based business directory and search engine that fosters improved local interaction between local retailers and Internet searchers and their walk-in customers.
Instead of going head-to-head with search giants like Google and Yahoo, FarSuperior competes directly with local advertising options. Instead of listing millions of results, a maximum of ten businesses per industry category, per zip code, are granted an approved status and then only after they have been recommended by independent third parties. All approved businesses are reviewed by the company's Secret Shopper Service and must maintain a high rating by FarSuperior consumers. FarSuperior brings Subjex a client base of more than 1,000 paying merchants and is on target to achieve a base of 100,000 new merchants over the next two years.
"Most search directories offer no real value locally for the consumer and little traceable return on investment for brick and mortar merchants," said Wayne Warrington, FarSuperior's Founder. "FarSuperior.com rewards its users in real dollars by paying them when they recommend superior businesses in their neighborhood. In addition, we provide merchants with a truly unique method for low-cost acquisition of new local customers, both in-store and on the web."
The FarSuperior.com business model was developed at its offices located in Scottsdale, Arizona, over the past five years and is one of several profitable Internet businesses developed by Mr. Wayne Warrington. With a 12-year history of building sales force automation systems, Warrington also founded TheEpicureanClub.com and LostMoney.com, one of the nation's leading private investigative agencies specializing in estate research and unclaimed property. He also brings strategic cross-promotion partnerships with these businesses that will benefit both FarSuperior and Subjex. His value-driven attitude was inspired by his father, who was a senior White House Aide to President Eisenhower and chairman of the President's Inter-Governmental Governor's Board.
"The addition of FarSuperior and its revenue makes for a complete turnaround for Subjex," said Andrew Hyder, Subjex Corporation CEO. "Not only will our financial position be immediately and positively impacted by this acquisition, but our ability to execute on our current Subjex business model, which historically has been starved for operational cash, will be dramatically enhanced. This is the fun part: We will now move Subjex into a position of strength and dramatically change the landscape for our shareholders."
Based in Minneapolis, Minnesota, USA, Subjex Corporation has become the standard in artificial intelligence dialogue reasoning customer service. Their products, SubjexCSR and SubjexME facilitate meaningful text-based humanlike conversations with thousands of web site visitors simultaneously, thereby reducing customer service costs and increasing sales -- with little or no human intervention. For more information and to try the technology for free visit the web site at www.subjex.com or call 952-931-0501.
This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will
IP: Logged |
posted
Volume is incredible for this low floater. Anyone noticed how NITE devoured all those shares today and never a dt on the bid whatsoever,this tells me somebody wants some and action is coming sooner than later.
-------------------- I said it aint no fun waiting around to be a millionaire.
IP: Logged |
posted
This is so close now the ask is extreemly thin and bid support coming in nicely would not be suprised to see this one have massive pop.
IP: Logged |
posted
Am I missing something here. I've visited both the SBJX and farsuperior websites and don't see why anyone would feel that this stock is going to explode do to this acquisition or for any other reason. Plus, today's news did little to improve the pps. SBJX lists one current client on thier site and their subjex platform is annoying at best. Don't really see it being useful to any company that can set up a decent website. And no one ever heard of farsuperior.com and again they have about 10 current customers hidden somewhere in their search engine. Plus their first customer was just signed in Oct. 05. With all of the thousands of business search engines on the internet, what makes this one so special. I could find nothhing. Check out their wesites and judge for yourself. Please tell me what I am missing here and what gives this stock any potential for growth at all. I'm not trying to be a basher, I just don't understand the hype on this thread. I'm always looking for a good investment, I just don't see one here, IMO.
IP: Logged |
posted
Well Ottoman the first thing you should know is that you do not invest in penny's. You simply play them. Its all about timing. Got to pick absolute bottom and be aware of the float and the share structure when the Market Makers are locked and loaded then the train will leave the station in a great big hurry.
-------------------- I said it aint no fun waiting around to be a millionaire.
IP: Logged |
quote:Originally posted by paydaysomeday: Well Ottoman the first thing you should know is that you do not invest in penny's. You simply play them. Its all about timing. Got to pick absolute bottom and be aware of the float and the share structure when the Market Makers are locked and loaded then the train will leave the station in a great big hurry.
Alright, my wording was a little off. I've been "playing" pennys for a couple of years now, and even with pennys it still ususally takes some value or something meaningful to raise the pps, not just a PR aboout one worhtless firm merging with another. I still don't see where the value is in either of these companies that will increase the pps, even with low float and the right share structure or not. Anyway, thanks for the info and I'll keep watching from the sidelines. This train will have to leave without me.
IP: Logged |
posted
Well, look at it this way - GOOGLE started with just a few customers, and look at it now.... Will this thing be the next GOOGLE - most likely, no, but nobody thought Bill Gates could make Microsoft work either....
By the way as of right now the L2's look like this:
posted
Closed out nicely on friday just as expected. Hearing more news on the way.
January 18, 2006 - 10:00 AM EST
SBJX 0.038 0.003
Subjex Corporation Completes FarSuperior Management Acquisition Acquisition of Profitable Search Engine Directory Expected to Result in Significant Revenue Growth, Positive Cash Flow and GAAP Profitability in 2006 MINNEAPOLIS, Jan. 18 /PRNewswire-FirstCall/ -- Subjex Corporation (OTC Bulletin Board: SBJX) today disclosed that it has completed its previously announced acquisition of FarSuperior Management LLC's primary business, FarSuperior.com. FarSuperior.com is a profitable zip code/category based business directory and search engine that fosters improved interaction between local retailers, their walk-in customers and Internet searchers. Terms of the transaction were not disclosed.
The acquisition was completed January 12, 2006 and has resulted in significant revenue growth, positive cash flow and is expected to result in GAAP profitability for Subjex Corporation in 2006.
'In the first few days following this transaction, we have recorded revenues well in excess of what we saw in all of 2005,' said Andrew Hyder, Subjex Corporation CEO. 'This is due to selling Subjex Corporation software licensing agreements to FarSuperior clients, who desire more effective and dynamic ways to interact with their searchers, prospects and customers. We expect to see a steady stream of such agreements throughout 2006.'
Hyder went on to note that the completion of the transaction marks a significant watershed for Subjex Corporation. 'These events validate our software and our business model in a big way. Additionally, this cash flow is now funding and supporting operations and growth for the foreseeable future, eliminating the need for securing or raising any debt or equity capital in the near or intermediate term.'
Based in Minneapolis, Minnesota, USA, Subjex Corporation has become the standard in artificial intelligence dialogue reasoning customer service. Their products, SubjexCSR and SubjexME facilitate meaningful text-based humanlike conversations with thousands of web site visitors simultaneously, thereby reducing customer service costs and increasing sales -- with little or no human intervention. For more information and to try the technology for free visit the web site at http://www.subjex.com or call 952-931-0501.
This news release contains 'forward-looking statements' within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
For more information contact: Subjex Corporation MeritView Partners LLC Andrew D. Hyder, C.E.O. William P. Bartkowski 866-777-0052 612.605.8616 952-931-0501 andrew*subjex.com bartkowski*meritviewpartners.com
SOURCE Subjex Corporation
Source: PR Newswire (January 18, 2006 - 10:00 AM EST)
Recent Acquisition Fueling Growth in Revenues and Earnings Leading to 2006 First Quarter and Annual Profitability
MINNEAPOLIS, MN, Jan 25, 2006 (MARKET WIRE via COMTEX) -- Subjex Corporation (OTC BB: SBJX) today disclosed that it has signed software licensing agreements since closing its transaction with FarSuperior.com resulting in excess of $80,000 in revenue so far for the month of January. The agreements are expected to be a part of a steady steam of such activity and lead to a profitable month, first quarter and year. Andrew Hyder, Chief Executive Officer of the Company, reiterated comments that he made when the FarSuperior.com transaction closed, noting its completion and the early licensing agreements marked a significant watershed for Subjex Corporation. "These events validate our software and our business model in a big way. Additionally, this cash flow is now funding and supporting operations and growth for the foreseeable future, eliminating the need for securing or raising any debt or equity capital in the near or intermediate term."
Based in Minneapolis, Minnesota, USA, Subjex Corporation has become the standard in artificial intelligence dialogue reasoning customer service. Their products, SubjexCSR and SubjexME, facilitate meaningful text-based humanlike conversations with thousands of web site visitors simultaneously, thereby reducing customer service costs and increasing sales -- with little or no human intervention. For more information and to try the technology for free visit the web site at www.subjex.com or call 952-931-0501.
This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
posted
80k in the first few weeks this month, last year in its' entirety 72k for the company, ....this type of revenue boost will lend itself to some pretty "up-beat" pr's come q report time.
Key here is obvious; CASH FLOW, PROFITABILITY, REVENUE GROWTH w/ a conservative size float.
Should equate into some $ignificant profits for share holders. Especially us "early birds".
-------------------- I said it aint no fun waiting around to be a millionaire.
IP: Logged |
posted
quote: -------------------------------------------------------------------------------- Originally posted by paydaysomeday: Well Ottoman the first thing you should know is that you do not invest in penny's. You simply play them. Its all about timing. Got to pick absolute bottom and be aware of the float and the share structure when the Market Makers are locked and loaded then the train will leave the station in a great big hurry. --------------------------------------------------------------------------------
Alright, my wording was a little off. I've been "playing" pennys for a couple of years now, and even with pennys it still ususally takes some value or something meaningful to raise the pps, not just a PR aboout one worhtless firm merging with another. I still don't see where the value is in either of these companies that will increase the pps, even with low float and the right share structure or not. Anyway, thanks for the info and I'll keep watching from the sidelines. This train will have to leave without me.
Well Otttoman the train did indeed leave without you. Looks like just a handfull here hopped on that train.
Thanks Von for the heads up on this one.
Aint nothing like a good ole 4 bagger
I can lead the horses to water but i can't make them drink.
In at .03 out at .15 major bank for me today
-------------------- I said it aint no fun waiting around to be a millionaire.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
