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got an e-mail back from michael shores... we're still on... just delayed!
Hi Carlos,
Actually it’s taking quite a bit longer than we had anticipated as well. I do not know if you saw that the amended 14A was filed and we are currently responding to additional SEC comments and hope to have this over with soon BUT I could not / would not commit to a firm date as I do not actually know.
Good news is that the transaction IS moving forward just taking longer than we all had thought it would so sorry for delay…
many will try to guess when this thing will be finished, meaning, sell their shares, hope that it drops in price, and then buy it back, lower...
you might time it right, and you might not! just to let you know, i'm holding... if it drops, i'll try to find a bottom and buy more, averaging down! i'm in this for TXP, not SMKT... we don't know when the merger is going to happen and if you miss it, you'll kick yourself...
of course, if you time it right, you'll make a lot more money... just something to think about!
remember when people bought K-Mart stock when it filed for BK? all those shares became worthless and K-Mart reorganized into a new company called K-Mart Holdings Corporations... some thought buying the shares really cheap was the way to make a quick buck! they were wrong...
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SMKT is a shell...no revenue and no business prospects. TXP is merging with this shell company because TXP wants to go public. TXP was originally going to go straight to the nas but realized this was a more cost effective way to go public. Once merger is complete SMKT will not exist at all and the ticker symbol will be changed to reflect the TXP company.
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Basically you would be buying SMKT to be a part of TXP before they go public. TXP is already doing business with the big names in the business....Texas Instruments, Dell, Cisco
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I know when this news originally came out SMKT stock exploded. I believe it went from close to sub penney to close to .06. It has held in the .03 range for quite a while. In my opinion SMKT is only well known because of the pending merger with TXP. TXP is definitely well known in the business here is a full list of the big names that are clients of TXP... XTera Avaya Intel Fossil Fujitsu Hp Abbott Labs Navini Dell Alcatel TelStaat AFC Texas Instruments Efficient Networks Raytheon ST Micro Technologies Cisco Siemens Ericsson Samsung
As you can see when TXP is publicly traded this could possibly be a gigantic play. Thats why I am in before merger complete.
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yes this is a cup and handle formation as smkt is trying to find a base at .03 range here I have tried to post a chart in a PM but it wont let me as i have been banned from doing PMs. Let me know if you get this ok
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great looking chart, SA... i think the merger is really close, so, imo, we should start seeing a slow and steady climb... i'd like to see between $0.08 to $0.10 pre-merger...
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Was there news today? All I've found is an alert.
TwinTrader.com: Twin Trader Alerts for Thursday, November 10, 2005 SPSC, SMKT, TCOM, VYST 11/10/05
Dallas, Texas, Nov 10, 2005 (M2 PRESSWIRE via COMTEX) -- Twin Trader Alerts for Thursday include Spectrum Sciences & Software Holdings Corp. (OTCBB: SPSC), Stock Market Solutions (OTCBB: SMKT), Telecom Communications, Inc. (OTCBB: TCOM) and View Systems, Inc. (OTCBB: VYST).
But yeah, I think this is definitely the start of another climb. There have been a lot of strong block buys both yesterday, and more coming in today. It does seem like a move is being made.
Here are the L2s that I have. Not too much until .04, and then if that breaks, not too much until .05. Pert is at .054, and then nothing until .07.
Stock Market Solutions, Inc. (OTC BB: SMKT) Announces That TXP - Texas Prototypes Was Honored to Make the Dallas 100 List as One of the Fastest Growing Companies in the Technology Metroplex Tuesday November 22, 12:22 pm ET
Stock Market Solutions, Inc. Reaffirms Commitment to Merge With Texas Prototypes, Inc and Files Amended Preliminary 14A With SEC
NEW ORLEANS, LA--(MARKET WIRE)--Nov 22, 2005 -- Richard Smitten, CEO of Stock Market Solutions, Inc. (OTC BB:SMKT.OB - News), and Michael Shores, CEO of Texas Prototypes, Inc., both reaffirmed their commitment to completing the merger between the two companies that was announced June 20, 2005. Both companies continue to work diligently in their efforts to close the merger as quickly as possible. On November 10, 2005, Stock Market Solutions, Inc. amended and re-filed their 14A with the SEC bringing it a step closer to completing the merger between the companies.
TEXAS PROTOTYPES, INC. was honored as one of the fastest growing companies in Dallas at the 15th Annual Dallas 100 Awards on November 10, 2005. The Dallas 100 award winners are chosen solely on increased growth in sales, giving weight to percentage growth and absolute dollar growth between 2002 and 2004. The annual list is sponsored by The Caruth Institute for Entrepreneurship at the Southern Methodist University Cox School of Business and is one of the premier business-recognition events in the Dallas region.
Michael C. Shores, President and CEO of Texas Prototypes, Inc., commented, "We owe this honor to the exceptional work of our employees and the loyalty of our technology developing clients."
About TXP-Texas Prototypes
TXP-Texas Prototypes, based in Richardson, Texas, is a global provider of Pre-Manufacturing Services for the electronics industry, supporting original equipment manufacturers, original design manufacturers, contract manufacturers and new technology innovators. TXP's core technology focus is on complex printed circuit board assemblies, photonics, optoelectronics, and advanced packaging solutions, while forging profitable business opportunities with well-positioned high speed, digital, analog, and RF technologies and industries that require complementary service requirements. By working closely with its customers and being highly responsive to their requirements throughout the design processes, TXP has shown that it can be an integral part of its customers' operations, accelerate their time-to-market and time-to-volume production and reduce their product costs. TXP has three operating divisions that build on its core Design for Manufacturability foundation: TXP-Texas Prototypes, TXP-Photonics, and TXP-Packaging.
About Stock Market Solutions
Stock Market Solutions was originally founded to assist professional mutual and hedge fund traders and managers, as well as individual investors, to more skillfully trade the stock market.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are "forward-looking statements" that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission which may cause actual results, performance and achievements of the company to be materially different from any future results, performance or achievements expressed or implied.