Rochester, NY - OTCStockExchange.com's "Stock Watch Alert" this morning are Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO), Reality Wireless Networks, Inc. (OTCBB: RWNW), PlanetLink Communications, Inc. (OTCBB: PLKC), Silver Star Energy, Inc. (OTCBB: SVSE).
Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO - http://finance.yahoo.com/q?s=CRGO.OB ) Cargo Connection Logistics Holding, Inc. provides transportation logistics services for shipments importing into and exporting out of the United States. The company engages primarily in hauling truckload and less-than-truckload shipments of general commodities in both interstate and intrastate commerce. It provides back office operation for companies, such as insurance, financial, and regulatory operations. Cargo Connection Logistics also involves in the warehouse and distribution movement of dry goods. In addition, it operates a container freight station.
Reality Wireless Networks, Inc. (OTCBB: RWNW - http://finance.yahoo.com/q?s=RWNW.OB ) Reality Wireless Networks, Inc. announced that on July 21, 2005 it entered into a definitive merger agreement with Arabian Recab For Trading Co. ("Recab International"). Recab International (and its predecessor organization) is a 25 year old Saudi Arabian company focused primarily on the transportation industry. For the year ended December 31, 2004, Recab International generated more than 111,750,000 Saudi Riyal (approximately $29 million USD).
Recab International operates four primary divisions: Auto & Equipment Transportation & Logistics Private Transportation (Buses) Building Materials & Concrete Products
The Auto & Equipment division imports and sells commercial vehicles from Mercedes Benz (among others), as well as commercial and passenger vehicles manufactured by Toyota, Mitsubishi, Hyundai and Volkswagen. Recab International sells through showroom facilities in Riyadh, Jeddah and Dammam. This division also supplies equipment to fleet owners and private dealers for auto maintenance.
The Transportation and Logistics division (Road Freight, International Freight Forwarding, Bulk Shipments) owns and operates nearly 300 tractor units (and similar equipment). Recab International has significant contracts with major firms such as SABIC, which is a leading global petrochemical company, HADDID, SAFOLA and others to carry goods within Saudi Arabia and throughout the Gulf. Additionally, Recab International has contracts with sole agents of Toyota, Nissan, Mitsubishi and others to transport new vehicles throughout Saudi Arabia and to and from other Arab nations.
The Private Transportation division operates approximately 250 buses (US School type) in Riyadh, Jeddah and Dammam (as well as other locations) under contract for the transportation of students, teachers, defense personnel and government employees.
The Building Materials & Concrete Products division operates concrete ready-mix facilities, cement block making, stone and granite crushing and polishing plants in Jeddah and Mecca.
The merger agreement provides that all of the shares of common stock of Recab International issued and outstanding at the time the merger becomes effective under applicable state law (the "Effective Time"), will be converted into common stock of Registrant such that the current holders of Arabian Recab common stock will hold 98% of all shares of Reality's common stock outstanding immediately after the closing of this merger transaction.
PlanetLink Communications, Inc. (OTCBB: PLKC - http://finance.yahoo.com/q?s=PLKC.OB ) PlanetLink Communications, Inc. recently launched its TransTRAK product through its wholly owned subsidiary, PlanetTRAKS. The Company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK is the first of these products and is the Company's turnkey solution for real-time, mobile asset management. From tracking vehicle speed and location in real-time to controlling vehicle functions through remote access, TransTRAK allows the customer to actively monitor and manage virtually any type of mobile asset.
Silver Star Energy, Inc. (OTCBB: SVSE - http://finance.yahoo.com/q?s=SVSE.OB ) Silver Star Energy, Inc. is pleased to announce that the daily gas production at the "Archer-Whitney #1" well at North Franklin has been stepped up to 1.8 Mmcf per day, and is capable of going higher.
The operator's goal is to move the production rate up to 2 Mmcf per day over the next few weeks and will be undertaking further increases of the gas flow rates over time. After each increase of the production rate, an evaluation period will be required to assess the well pressures, performance and to maintain reservoir integrity.
Silver Star President Robert McIntosh states, "Today, the combined production from the 'Archer-Whitney #1' and the new producer 'Archer-Wildlands #1' is 2.8 Mmcf per day. We are now producing from two gas wells and are confident of additional gas flow rate increases in the near future as the partners gain more insight into the nature of the Franklin reservoir."
On August 8, the PGE-Citygate gas pricing from North Franklin production was $8.02 per Mcf.
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posted
Not a bad week! We are UP well over 100% in 2 weeks - .0035 July 28th - .0077 August 12th! Let's keep it up!
Many of us were expecting more - and the MM games haven't helped - but all in all - I think we're in good shape (If you bought in during the past month and not at the top the other day). We may have to be patient a little longer....
We'll see what the Q and Newsletter say this week (if they come out this week)
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I like this "On or about August 12, 2005, effective August 8, 2005, the Company entered into a contract with H. Dewey Bain, its chief executive officer and President pursuant to which it issued to him 140,000,000 shares of its common stock, $.001 par value per share. The contract provides that the Company must have either a net profit of $1,500,000 for the year ending December 31, 2005 or $5,000,000 of revenues for the year ending December 31, 2005. In the event that neither of those performance criteria are met, the 140,000,000 shares must be returned to the Company within three business days. A copy of the agreement with Mr. Bain is an exhibit hereto. "
Let ´s do it Mr. Bain! Earn what you're worth!
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PlanetLink Announces Karta's Launch of FleetRADAR Under Licensing Agreement
CUMMING, Ga., Aug 16, 2005 (PRIMEZONE via COMTEX) -- Continuing with our growth plans for 2005, PlanetLink Communications Inc. (PLKC), a provider of GPS satellite-based products and services, announced today that under our licensing agreement, Karta Technologies, Inc., has launched FleetRADAR, a fleet management platform based on PlanetLink's proprietary technology. Karta will market the FleetRADAR product to its existing customers, both domestically and worldwide.
PlanetTRAKS contracted Karta to develop the TransTRAK fleet monitoring software. The relationship evolved into a strategic partnership resulting in a licensing agreement. FleetRADAR is based upon the proprietary software owned by PlanetLink Communications and licensed to Karta for their use under an OEM licensing agreement.
"We are excited that Karta has launched FleetRADAR under our licensing agreement. As gas prices continue to rise, our proprietary software will become an increasingly valuable tool in reducing and monitoring fleet operational costs," commented M. Dewey Bain, CEO of PlanetLink. PlanetLink will continue to actively explore incremental revenue streams and marketing programs that will position PlanetLink as the global provider of GPS-based fleet tracking devices.
TransTRAK technology is a powerful "real-time" vehicle tracking, monitoring and management system. Complete and easy to use, it collects information from your vehicles and delivers it to your desktop via the Internet. TransTRAK gives you all the information you need for more security, productivity and efficiency. It enables you to maintain greater control over your vehicles and sound decision-making. It's the critical information about your fleets, vehicles and deliverables that you've always wished you could have, available online, day or night.
About PlanetLink Communications, Inc.
PlanetLink Communications, Inc. recently launched its TransTRAK product through its wholly owned subsidiary, PlanetTRAKS. The Company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK is the first of these products and is the Company's turnkey solution for real-time, mobile asset management. From tracking vehicle speed and location in real-time to controlling vehicle functions through remote access, TransTRAK allows the customer to actively monitor and manage virtually any type of mobile asset. For more information on PlanetLink, please visit the company's Website at: http://www.planettraks.com
The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis" or "Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission. The Company will provide you with copies of this information upon request.
SOURCE: PlanetLink Communications Inc.
By Staff
CONTACT: PlanetLink Communications Inc. Investor Relations (866) 974-0341 investorrelations@planettraks.com
(C) 2005 PRIMEZONE, All rights reserved.
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Hope not but it could. I have a sell in for .0175 and if it ever fills before 3 pm = THEN I'll be hoping to see them beat it down to .008 for tomorrow morning's run! JMHO - I've only "played" or "daytraded" for free shares a couple of times. Too nervous! LOL With my luck - if I sell at .0175 it will shoot to .03!
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Karta is quite a BIG Gov't. Contract Player: Special thanks to stkduffer on the RB thread for bringing this to our attention! Looks like we have a Really STRONG Partner here!
It was so good I decided to post the whole article instead of just the link:
Karta Carts Away the Contracts Posted 15-Aug-2005 03:01 Related stories: Americas - USA, Contracts - Awards, IT - Cyber-Security, IT - General, IT - Software & Integration, Logistics, Medical, New Systems Tech, Other Corporation, Security & Secrecy, Simulation & Training Also on this day: 15-Aug-2005 » Karta Technologies, Inc. of San Antonio, TX has reeled off a series of defense-related contract successes for its consulting, IT, and e-learning services. The contracts, worth between $500 million - $2.3 billion, make Karta a company to notice among mid-range contractors in the IT and e-learning space.
$483 million for U.S. Army's DLETP
Its most recent award was a $483 million contract and a position as a prime contractor for the United States Army's Distributed Learning Education and Training Products (DLETP) program. The Karta Team is tasked with delivering distance learning to troops whenever and wherever training is needed, meeting the constantly changing needs of the Army and the Nation while at war.
As a prime contractor on the program, Karta has assembled a team of 17 partners including strategic partners, CACI, SRA, and IBM. Product and Services providers include Allen Interactions, Carney, Coastal, CollabWorx, Eagle Systems, FC Business Solutions, Information Experts, Ngrain, Pinneast, SIMmersion, SumTotal, The Logistics Company, Thomson NETg, and Visual Purple.
GoLearn Content
In July 2005, Karta announced a contract by the United States Office of Personnel Management (OPM) under the GoLearn federal government e-learning program. GoLearn focuses on unifying, simplifying, and increasing access to high quality e-learning products and services to help advance the accomplishment of federal agency missions. The program offers federal agency employees a wide range of online learning and career growth opportunities, including academic, technical, executive, and organizational training.
OPM created GoLearn as part of its e-Training Initiative, one of the e-government initiatives on the President's Management Agenda. Karta's contract is for Specialized Technical Areas (STA) 2 - Commercial Off-the-Shelf (COTS) training content under the GoLearn Indefinite Delivery/Indefinite Quantity (ID/IQ) program. In addition, Karta is a subcontractor to IBM for STA 4 - Implementation, Customization, and Integration Support Services and STA 5 - Consulting and Transformational Change Management.
Karta will provide its web-based Information Security COTS program, Train2Secure, as well as support implementation, customization, and integration services and consulting and transformational change management with their partner IBM.
DLA Contract worth up to $9.3M
An August 2005 IT contract with the Defense Logistics Agency (DLA) for a minimum 1-year, $1.4 million, plus four additional 12-month option periods, could bring in a total of $9.3 million.
Along with Enterprise Integration, Inc. (Eii) and IDS Scheer, Karta will provide a scalable and flexible solution for DLA requirements on the Defense Medical Logistics Standard Support program (DMLSS). The medical logistics community requires a multi-organizational, multi-disciplinary approach to future healthcare supply that spans the military services, the Office of the Secretary of Defense, the Military Health System (MHS), their coalition partners, and commercial industry.
The Karta-Eii team will provide systems engineering expertise in the areas of systems architecture, requirements engineering, information assurance, and standards compliance. The overall goal of this program is to provide comprehensive, standardized, unified, and policy-compliant enterprise architecture in order to further modernize and transform medical logistics.
The team will also monitor and interpret MHS policies, Department of Defense (DoD) policies, and related engineering policies re: systems acquisition, architecture, interoperability, and information assurance, in order to determine applicability to the DMLSS program.
Prime Contractor Status for $1.9B DESP II
finally, Karta was one of the July 2005 winners in the competition for prime contractor status, allowing them to compete for portions of a contract worth up to $1.9 billion over the next five years.
The contract, dubbed Design and Engineering Support Program (DESP II), has a wide scope aimed at technology and engineering services. The purpose of the contract is to provide rapid, high quality engineering and technical services to the Air Force Air Logistics Center, Air Force Materiel Command (AFMC), the Army's Tank-Automotive and Armaments Command (TACOM), Department of Defense agencies, and other government entities (e.g., NASA, DOT, DOS, EPA, OSHA, etc.).
As a prime contractor, Karta harnesses the power of its own engineers and experts and, when appropriate, will partner to win contracts. The Karta Team of subcontractors consists of nine small businesses, 11 large corporations, and six public partners.
posted
More than 3 or 4. I had this stock more than one year. I know this one will come back that's why I don't take a lost. I am holding it until I see green. This is a good company stock.
quote:Originally posted by Love the Market: Are there only 3 or 4 of us here? Gee - it's lonely near the top! LOL
posted
Got up to .018 right out of the gate. Has pulled back to .015 - Early morning shake (I hope) getting ready for the next leg to .03!!! jmho
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