Report is out and you have to read it for yourself. I'm not an accountant but I like the following:
It will be a great week!!!! Company is almost at break even per share!!! Revenues coming from many sources now, development stage almost over. Profit here we come.
Look at their loss last year for six months compare to 2005 almost 10 Million less loss this year!!!
Six Months Ended June 30 (Six Months) First number is 2004 second is 2005
2004 2005 Revenue 24,088 $68,500 Net Loss (10,660,037) (840,181) Per share (0.093) (0.003)
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I think Dell had a bad quarter, and I think along with their new marketing stratagy with Ford, being able to advertise the next best thing in automated backup would throw the public a few curve balls and give DELL and NWPO(Spare) a little more public interest.
I don't know who FROGSTER knows and I suppose it's best that we don't, but I put my money on DELL news. With or without it the product will succeed(my hopes at least).
Honestly I would rather see a DELL PR on monday morning an hour before opening, that would give us an all week rally (IMO).
I run my own mobile computer techinician business, and I know many others who do the same. Spare would be a great subscription service for everyone in my field of work because I would be able to keep a storage of commonly used/needed files and programs on my Spare Backup account, and when I'm at the clients house/office just access it through their computer (many variables however - I would not entirely depend on spare).
Another scenario for this service would be the professional who works on His/Her desktop at home, then backs up to Spare, and while away on business or at the office makes adjustments or changes to that work and backs up to Spare... then is able to work with the updated files from both locations.
Now think of all the 14-23 year old computer geek/gamer/lan boy/enthusiasts out there... there are many. This group of people many of who I know, make it an event to get together, computer equipment and all, and have a giant battle vs each other. They play games and swap files all night long until the sunrise.
In this crowd you are likly to find 60% of them with a 128mb-2GB USB flash drive. (It's durable portable storage) USB flash drives are great, but Spare Backup just put a clinch in that market. The price of a 5GB USB flash drive is about $300 right now, that would be equivlent to 2 years of service of Spare Backup.
The place where Spare can start to target this enthusiast/gamer community is reputable hardware review sites(tomshardware.com , hardocp.com , techreport.com , tweaktown.com , pcper.com, and many others). Once they have that crowd, all other crowds will jump band wagon guaranteed.
Out of curiosity I sparked up a chat with Spare's "Live Help" :
quote: Establishing your chat, we'll be right with you. Welcome to Spare Backup Support. My Name is 'Buck' . How can I help? you: Hi, just wondering if Spare Backup software/service is MAC compatible? Buck: At this time, Spare Backup will only work on Windows 2000, XP, or Server 2003 you: Any idea when it might be MAC compatible? Buck: There is no time frame currently for compatiblity you: Okay, if I were to buy this from my local comp USA, what would I receive? Like a month of service included? Buck: Let me check on that for you, one sec you: Ok thanks Buck: Just a moment while I check on something. Buck: Currently that aspect is undetermined. More information will be available later on you: Ok, sure. you: Oh I see. you: Ok, well unless you could tell me if I would contact Dell support, or Spare support once Dell signs on with Spare, that would be my last and final question. Buck: To my knowledge you would contact us at Spare Support with any questions related to Spare. you: Okay, well you have been a good sport, appreciate it, thanks. Buck: Thank you. We are here 24/7 if you have any additional questions you: I got a ton of questions.. being a shareholder an all.. but I do not want to bore you with them, or get you fired. LoL have a good night Buck Buck: You too. We can assist you with any questions you may have you: I'll just wait for the press releases. The questions I want to ask are unfair, like, do you think Best Buy will also resell your product? And have you had any negotiations with Fry's Electronics, or Circuit City. Buck: Ah, yes. I wouldn't be able to answer those questions. I'm limited to software knowledge you: I see... well man you got to stress on your team to make it MAC compatible. Buck: I'll do my best you: Thanks, I'll let you go for now.. I really appreciate it, When I think of some relevant questions I know where to come. Buck: We'll be here you: K, thanks, bye.
You know I was hoping that He would tell me every deal Spare was finalizing right now, and their outlook for the following year.. but looks like I had high hopes
Anyways, I'm done thinking about it until Monday, gotta go wash my truck before the sun goes down. Thanks all.
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Great effort on the live chat there Prophet. I agree on the Dell issue, their quarter was sub-par and IMO the longer the time frame between their earnings release last week and the Dell / NWPO deal if it's real, is a good thing.
Wouldn't a PR release during trading hours be a hoot?
-------------------- ......in Psychiatry circles it's known as a "warning sign"
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good morning to all are we ready today this is going to be a week according to our frogster let be ready could be the last chance to load up
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PALM DESERT, Calif., Aug 22, 2005 (BUSINESS WIRE) -- Newport International Group (OTCBB:NWPO) announced today that its Spare Backup Inc. subsidiary has signed a new channel partner for the company's fully-automated online backup service. Saleh A. Alsulaiman Est. will initiate Spare Backup's introduction into the Arabic market and the implementation of their global distribution strategy.
An emerging player in online backup for small businesses and home office users, Spare Backup Inc. signed the agreement with Dr. Saleh A. Alsulaiman, a Saudi businessman. Dr. Alsulaiman has extensive experience in localization of web based products and services for the Arabic market, has written several books on computing and has strong ties in the Arabic computing field.
"The Arabic speaking markets are a key component of our strategy to become a worldwide leader in providing data backup solutions to consumers and business customers alike. It is our opinion that this market is rapidly growing and positioning ourselves at this early stage is going to be key to a successful launch into these markets," said Cery Perle, Chief Executive Officer of Newport.
The Spare Backup Solution
Spare is a fully-automated remote backup solution. It starts by scanning a user's hard drive, including the desktop and email programs, for files and their important components. Then it transports the data, including new and revised files, daily to twin data centers in the US. Files are compressed, encrypted and users can access them from any broadband, Web-connected computer anywhere.
About Saleh A. Alsulaiman Est.
Established 1980 in Dhahran, the Oil industry capital of the world, the company has strong ties with Japan and China. The Internet division is the newest and fastest growing division in the firm and enjoys full support from the local media. Dr. Alsulaiman was general manager of a technical solution and electronic guide company in Riyadh, the capital of Saudi Arabia, and 3arab online group coordinator.
About Spare Backup Inc.
Spare Backup Inc., a subsidiary of Newport International Group, is the developer of Spare Backup service, the first online backup service specifically designed for small business and home business users.
About Newport International Group Inc.
Newport International Group (OTCBB:NWPO) is dedicated to leveling the digital playing field for small and medium sized companies. Its two subsidiaries provide digital tools and services that are as powerful as those available to large enterprises, but are designed and developed so that technical skills aren't needed to use or manage them. The company has headquarters in Palm Desert, with technology development in Phoenix. More information is available at www.nwpo.biz.
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.
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So they want to go Arabic on us eh'....well I guess that's their plan of attack...lower end PR's first then a Dell on later this week...maybe.
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well at least they are puting deals together i am with you guys on your train of thought a couple of these pr's and a dell type of pr and we are off
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3 weeks of looking at red on my walls can make a person goggle eyed......think it's about time for a change the color. GREEN would be a pleasant sight.
I got in to high starting off and have no choice to hold?
-------------------- Watch your pennies and your pounds will take care of themselves!
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Hey bond, Spin...........if I only new 3 weeks ago that stock is like a rollercoaster I would have got in at the .80's and would have been swinging this thing so bad
I'll sit tight and wait my turn.
-------------------- Watch your pennies and your pounds will take care of themselves!
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I think many companies are waiting until next week or the first week of Sept. to publish their announcements b/c volume will be higher and investors will be back from vacation.
Also, the Q2 earnings season is just finishing. I think there is one company left to report. All in all, it was lackluster, so that puts an additionally muted sentiment on investments.
-------------------- You can't afford to risk, what you can't afford to loose.
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Not near a computer today, except for this moment.. Just wanted to say good morning to everyone! We'll all be happy soon!
-------------------- Just so everyone knows, anything I state in here is classified as a RUMOR... Nothing is DONE until OFFICIAL PR comes out... Don't change your thinkin though! This is a message board... Everything I say is in my own opinion.
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you got that right eire i would have picked a good entry point kept to 10k shares and just have done a swing play but that is hind site now
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No that was not my sale, of 7500. Still holding so are my friends.
WE do believe if we continue to get these type of weak PR this will continue to go dow, but we are holding.
Wow, has anyone done a serach on that Dr from saudi Arabia. Itried Google and Yahoo, nothing comes up on him.
Now NWPO is selling to individuals. I have 7 friends trying the Sparebackup now, wish they (NWPO) can announce me as a partner, once I set my website with their link. That should be cool.
NWPO announces major partnership with "pensandoenti67.com"
Good luck, still trust the PRODUCT, we just need a strong PR with Numbers or the one Froggy has been saying.
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