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6:00 AM Homeland Security Group International, Inc.'s Gulf States Security Alliance (GSSA) Business Unit Signs Federal Emergency Management Agency (FEMA) Security Contract; GSSA Participates in Gulf Coast Relief Efforts
DEL MAR, Calif., Oct 19, 2005 (BUSINESS WIRE) -- Homeland Security Group International, Inc. (Pink Sheets:HMSG) announced today that the Gulf States Security Alliance (GSSA) business division has signed security contracts to provide security for public utility crews attempting to restore power and repair downed lines in the aftermath of Hurricane Rita. Operating under a FEMA contract, utility crews in the Beaumont and Port Arthur, Texas areas are working 24/7 to restore electrical power to the region. GSSA member agencies have been contracted to provide physical security for personnel and equipment assigned to this effort. The management team from HMSG has made numerous trips to the region to meet with member agencies and conduct security for emergency response units. HMSG has also conducted meetings with local, state and federal emergency management agencies and has participated in briefings with officials at emergency command posts established to oversee relief efforts in the aftermath of recent hurricanes Katrina and Rita.
"The goal of the GSSA has been to partner with locally licensed security providers in the region, and employ local security guards on a sub-contract basis thereby putting Texans back to work in their own state," commented Mark Wilson, Director of Security for Homeland Security Group International and managing director of GSSA. "While this region works to restore power and basic infrastructure to their cities, the GSSA assures their security by providing physical security for their work-sites, equipment and personnel."
Persons wishing to contract for security services should contact Homeland Security Group International at 858-436-2480 or contact the Houston, Texas Field Office at 281-260-8656
ABOUT THE GSSA
The GSSA currently consists of security agencies from the areas hardest hit by the hurricanes who have requested to be a part of the alliance. With their acceptance into the GSSA, each company has agreed to uphold the standards for excellence outlined by Homeland Security Group International. GSSA's Emergency Response Teams (ERTs) are registered in five states and HMSG has established dual working headquarters in Houston, Texas and at Homeland Security Group International, Inc. corporate offices in Del Mar, California.
GSSA security agencies and personnel are licensed to provide physical security and personal protection services in Texas, Louisiana, Mississippi, Alabama and Florida. Over 200 locally licensed security agents and officers are currently available for projects in this region and HMSG's management expects to announce further positive developments in the near future stemming from meetings with fortune 500 companies affected by hurricanes Katrina and Rita.
ABOUT HOMELAND SECURITY GROUP INTERNATIONAL, Inc. WWW.HSTINC.US
Homeland Security Group International, Inc. (Pink Sheets:HMSG) is a technology-based corporation based in north county San Diego. HMSG's mission is the development and commercialization of technology focused on providing increased security for both civilian and military personnel throughout the world. Under the leadership of Colonel Jeffrey A. Powers, USMC (Retired), HMSG has assembled a portfolio of technology and services through alliances with established defense-related companies and through internal development that is being brought to market in a cost-efficient and timely manner. The Company also has an alliance with Recon Mountaineer, LLC, (an Oceanside, Calif.-based designer and manufacturer of military combat gear for the United States Armed Forces). The company has partnered with leading security firms to design and market surveillance systems for homeland defense security applications.
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. HMSG's common stock currently trades on the over-the-counter "Pink Sheets" under the symbol "HMSG." This press release in no way constitutes any recommendation regarding the securities of HMSG or its affiliates. Any person reading this press release is advised that this release should be considered in light of all facts and circumstances regarding the business and financial condition and prospects of HMSG, and no inference is made in this release contains all such information.
SOURCE: Homeland Security Group International, Inc.
CONTACT: Homeland Security Group International Colonel Jeffrey A. Powers, 858-436-2480 or PMR and Associates, LLC Patrick Rost, 858-350-0409 (Investor Relations)
Copyright Business Wire 2005
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KEYWORD: United States North America California Texas INDUSTRY KEYWORD: Technology Government Defense Hardware Other Technology SUBJECT CODE: Contract/Agreement
Posts: 1468 | Registered: Jul 2005
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People don't wait and be sheep, act now! Lots of new news with this stock and volume is building, good chance for a double here IMO
Posts: 2292 | Registered: Mar 2005
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I can't believe we're not getting any volume. Man this company keeps getting better and better: HMSG "signed security contracts to provide security for public utility crews attempting to restore power and repair downed lines in the aftermath of Hurricane Rita. Operating under a FEMA contract, utility crews in the Beaumont and Port Arthur, Texas areas are working 24/7 to restore electrical power to the region." and "HMSG's management expects to announce further positive developments in the near future stemming from meetings with fortune 500 companies affected by hurricanes Katrina and Rita."
Posts: 1468 | Registered: Jul 2005
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These prices are too good of an opportunity. Man can you imagine how much work the company will be getting from the new security contract.
Posts: 1468 | Registered: Jul 2005
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It's a contract, but no detail provided. 200 security guards available, how many are working under the terms of the contract. PR is lacking some detail, I'd say.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Yep will lack of details are lacking in every PR, and that is what is holding the company back
Posts: 1468 | Registered: Jul 2005
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there was a news story last night about the company's getting the contracts, training migrant workers then getting fired by the government...just thought i'd help lend a little light.
-------------------- any day above ground is a good day! Posts: 48 | From: Kentucky | Registered: Aug 2005
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This is why HMSG will be a long-term winner imho:
PR Below from Oct. 12 Explains what the Gulf States Security Alliance (GSSA) IS....
================================== Homeland Security Group International, Inc. Forms Gulf States Security Alliance (GSSA) Business Unit; Houston Field Office Opened to Facilitate Gulf Coast Relief Efforts
DEL MAR, Calif., Oct 12, 2005 (BUSINESS WIRE) -- Homeland Security Group International, Inc. (Pink Sheets:HMSG) announced today the formation of the Gulf States Security Alliance (GSSA) business division. GSSA is made up of security agencies and personnel throughout the region licensed to provide physical security and personal protection services in Texas, Louisiana, Mississippi, Alabama and Florida. The management team from HMSG has been in the region overseeing security for emergency response units and conducting meetings with local, state and federal emergency management agencies. HMSG has participated in briefings with officials at emergency command posts established to oversee relief efforts in the aftermath of recent hurricanes Katrina and Rita. Over 200 locally licensed security agents and officers are currently available for projects in this region, and HMSG's management expects to announce further positive developments in the near future stemming from meetings with fortune 500 companies affected by hurricanes Katrina and Rita. "In the days leading up to and immediately following these massive storms, many businesses were forced to evacuate their facilities, leaving millions of dollars of equipment vulnerable to looting and other security threats," commented Mark Wilson, HMSG Director of Security Division and Managing Director for Gulf States Security Alliance. "Numerous companies who were not licensed to perform security operations in Texas have attempted to garner security contracts in the area. Cities such as Beaumont, Port Arthur and others hard hit by the recent storms are still struggling to restore power and basic infrastructure needed prior to allowing businesses to return to the city. This alliance is important because it insures that currently certified and licensed security officers from the local regions are utilized to provide security support for their respective counties. We are putting the locals back to work."
The GSSA currently consists of seven different security agencies from the areas hardest hit by the hurricanes that have requested to be a part of the alliance. With their acceptance into the GSSA, each company has agreed to uphold the standards for excellence outlined by Homeland Security Group International. GSSA's Emergency Response Teams (ERTs) are registered in five states, and HMSG has established dual working headquarters in Houston and at Homeland Security Group International, Inc. corporate offices in Del Mar.
"These security officers are available now, and the need for licensed security officers will continue to increase as the region begins to rebuild. And they WILL rebuild," concluded Wilson.
Persons wishing to contract for security services should contact Homeland Security Group International at 858-436-2480 or contact the Houston Field Office at 281-260-8656.
About Homeland Security Group International, Inc.
Homeland Security Group International, Inc. (Pink Sheets:HMSG) is a technology-based corporation based in north county San Diego. HMSG's mission is the development and commercialization of technology focused on providing increased security for both civilian and military personnel throughout the world. Under the leadership of Colonel Jeffrey A. Powers, USMC (Retired), HMSG has assembled a portfolio of technology and services through alliances with established defense-related companies and through internal development that is being brought to market in a cost-efficient and timely manner. The Company also has an alliance with Recon Mountaineer, LLC, (an Oceanside, Calif.-based designer and manufacturer of military combat gear for the United States Armed Forces). The company has partnered with leading security firms to design and market surveillance systems for homeland defense security applications.
posted
It takes a strong stomach to play sub-pennies; you have to expect a shakedown to cause panic among weak players. I know quite a few holders of this stock (not bagholders either - we are in much lower than current prices) - I wouldn't play this short-term, though (unless it spiked up a couple of hundred percentage points - cause you know what happens THEN - the slow 'death spiral of manipulation' until HMSG settles once more - I would definitely take some profits - I'd be an idiot Not to take profits).
However, after saying that, I see a lot of promise for HMSG - maybe 'cause I am ex-military - terrorism and natural disasters are here to stay for a very very long time
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This stock has more going for it than the other junk being posted here. Holding strong at .008
Posts: 2292 | Registered: Mar 2005
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No kidding. This is 10 times better than HISC. This is the calm before the storm. They want to take her down more, please do: I'm hungry to load up.
Posts: 1468 | Registered: Jul 2005
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[QUOTE]Originally posted by explorer186: If that's how you thing, WTF are you doing here
Im in, hoping for something good to happen, watching people get excited over 5 mil vol, lol, I dont see anything going on right now but am hoping for the best. But the truth is it went down on news.
Posts: 258 | Registered: Jul 2005
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