posted
hope for good news on thur in the video confrence call,, if you thing about it this company is in the right place at the right time. and they are getting their foot in the door with China......won't be long and SSTY will be off the greys and on the Pinks or better...just a matter of time.
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posted
Absolutely Kane..... If you're going to be at $0.006, then STAY at $0.006!!!!! I think everybody's a little nervous about Thursday's video release. But after that, I hope there will be some improvement.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
I'm sorry guys. I take responsibility for SSTY not going anywhere the last couple of weeks. Anytime I buy into a stock this happens. I thought I will break that curse after this stock, but looks like it may not happen.
posted
I looked into SSTY awhile ago. Looked good but I was already into HISC. Companies like this are going to explode in the future as the need for security related items increases. It's just a matter of which company offers the best product and can sustain the growth. I am watching the industry closely and may soon dip into SSTY.
-------------------- Trust but verify!
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I'm thinking about a opening a ROth IRA and I'm not going to be using that account very actively. I'm going ot trade once a year. Which brokerage would be better for this kind of trading activity?
quote:Originally posted by DWE: Madge..... I picked MRKL over HISC late last year and now I'm still suffering from that bad, horrible decision!!
Never suffer over a decision, learn and go on. I'm still sitting on some goose eggs that I hope someday will become the golden eggs. OBTW not to pump and run but check out COHQ tomorrow.
-------------------- Trust but verify!
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posted
I stole this article from UseLessTaco..... This article belongs on THIS thread. LoL. Enjoy!
Posted from RB Board
New Technology Hopes to Knock Off the Knock-Offs
Counterfeiting has had an adverse impact on all corners of the CPG market, ranging from high-end items like Rolexes and electronic equipment to far less costly products such as CDs and DVDs. But they are all tied together by one common thread: Knock-offs create an enormous drain on the economy, particularly when they insidiously make their way into the mainstream marketplace.
According to the Washington Anti-Counterfeiting Coalition, counterfeiting costs North American businesses $300 billion annually. Worldwide, the problem carries a $1 trillion annual tag. A new technology offered by Philadelphia-based Sure Trace Security Corporation has the company positioned to become a leading global provider of security systems, services and products.
One of the largest areas for the origination of counterfeit goods is Asia. Sure Trace has recently concentrated its efforts on working with the Chinese government to ensure that the products manufactured and imported from the world’s largest market are, in fact, authentic.
According to Michael Cimino, president and vice chairman of the company, the willingness of the Chinese to actively join the struggle against the counterfeiters is directly proportionate to their desire to join the World Trade Organization.
While a stroll down virtually any street in Manhattan – or a visit to most flea markets in Anytown, USA – will turn up dozens, if not hundreds, of knock-off items. One of the more publicized events occurred in 2000, when Adidas filed suit against Wal-Mart, alleging that the world’s largest retailer had been selling knock-off Adidas and Nike t-shirts at its Sam's Club stores. Similar claims had been made by other designer brands such as Tommy Hilfiger, Polo (by Ralph Lauren) and Nautica.
In order to protect against the scourge of knock-offs, Sure Trace and its wholly owned subsidiary, I.D.ology Laboratories Inc., have developed a process of tagging items with a specialized ink that contains codes able to trace the product each step of the way in the production and distribution chain.
The process, which results in a product called "SDNA" (synthetic DNA), was originally developed to track plutonium rods in the nuclear industry. It creates ink that not only contains coding unique to that product, it also is as indestructible as kryptonite.
The development of SDNA involves the application of a combination of inorganic elements, which penetrate the surface of an object (except for diamonds or cut glass) to form a molecular bond which is impossible to remove. The method of application can vary, depending on the item to be marked. The coded elements may be placed on an object using a colorless carrier rendering them invisible to the human eye, or can include a fluorescent element so they glow under ultraviolet light. SDNA can be applied to industrial parts, garments and apparel, VCRs and other electronic products, jewelry, CDs and DVDs, sporting goods, and many more products.
With the 2008 Summer Olympics coming to Beijing, Sure Trace may have an effective and high profile test with applications including marking the tickets as well as all the other "official" Olympic merchandise.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
SSTY has been incorporated since 1983 according to PinkSheets.com. I wonder if they were in the same business back then and why it took 23 years to make progress as they're doing now if they were infact in the same business back then in the 1980s and 1990s.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
FINALLY..... A PRESS RELEASE FROM SURE TRACE SECURITY!!! ENJOY.....
SSTY Announces Plans for New Venture with Affiliate of China's Ministry of Industry and Commerce; Venture to Have Ability to Police Consumer Counterfeit Products Including Authority to Search and Seize
Wednesday January 25, 11:04 AM EST
Jan 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (SSTY) announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), a joint venture of its 85% subsidiary, True Product ID Technology Limited, and Beijing Suneray Zexin Technology Limited has signed a cooperation agreement with China Consumer Journal, which is a subsidiary company of the Ministry of Industry and Commerce.
SSTY provides proprietary solutions for loss prevention and anti- counterfeiting purposes. On November 24, 2005, it announced that the joint venture had signed a service agreement with The National Brand Cartel Anti- Counterfeit Cooperation Network -- Brand315.com, to deliver the True Product ID anti-counterfeiting technology.
With the addition of the cooperation agreement, TPiD can now not only mark products but can ensure the proper use of the technology in its utilization and assist in conducting its enforcement in the field ... across the entire spectrum of products and goods that are tagged. This enforcement workforce will monitor all the items tagged through every contract that TPiD enters into across the country.
Within China, the Ministry of Industry and Commerce is one of the Government or civil agencies charged with the responsibility to provide field authentication of consumer products. Through the co-operation with the China Consumer Journal which also produces anti-counterfeiting labels similar to Brand315 (see November 14, 2004 PR), TPiD will work with the Ministry of Industry and Commerce to provide them with SSTY's scanning and KMACK technologies.
Chairman Mr. James MacKay, who has personally spearheaded SSTY's efforts in China for the past year, stated, "I am always pleased to see forward progress and believe that we are seeing only the beginning of a series of contracts in China. Based on the magnitude of exports from China to the rest of the world we are getting tremendous response from importers in both North America and Europe."
SSTY has this week kicked off its initial drive to establish a sales force in North America with end user and cooperative reseller and/or marketing partnership meetings taking place in Philadelphia and Chicago.
As a matter of policy, SSTY generally does not disclose specific valuation and volume information concerning individual contracts, unless such disclosure is required by applicable law. SSTY believes that keeping such information confidential is beneficial to client development.
About Sure Trace Security Corporation
Sure Trace produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices. The Company intends to deliver turnkey solutions for governments, armed forces, and industry, through its own proprietary technology and through aggregating the technology, products, and services of third parties via licensing agreements and or joint ventures. For more information go to: http://www.suretrace.com.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. No assurances can be given that the Company shall receive the amounts stated in this release. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward- looking statements are made as of the date hereof and Sure Trace undertakes no obligation to update such statements. In August 2005, the common stock of Sure Trace was suspended from trading by the Securities and Exchange Commission, but the suspension ended in accordance with the securities laws after ten days. Management of Sure Trace is currently working with the broker-dealer community and regulators to permit quotations to be entered on the Pink Sheets as soon as possible. More information will be provided to the public when circumstances warrant.
posted
Good news, but what's it worth? Just read a story about GOOG having to accomodate China's blocking of specific IPs in order for them to provide the web search capability. They are very very much the isolationists trying to compete in the world market. This could be big.
-------------------- Trust but verify!
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"I am always pleased to see forward progress and believe that we are seeing only the beginning of a series of contracts in China. Based on the magnitude of exports from China to the rest of the world we are getting tremendous response from importers in both North America and Europe."
Niiiiice. More to come...
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
Starting off slow today. Thouoght the volume would be much higher. Trying to pick up another 2 million before tomorrow. Not expecting it, but hoping.
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quote:Originally posted by Kane31: Do you feel this is what the video is about tomorrow or do you think it's about something else?
Their videos are usually an overview of what's happened in the last month or two of what we have or haven't heard about. I'm sure alot more is going to be discussed tomorrow as much progress is being made. I'm not sure about this but my 2 million shares which I currently hold at the moment can possibly can turn into 2 million bucks by the end of the year providing everything runs smoothly for the rest of the year. (Of course I'm dreaming right now but who the hell knows. ANYTHING is "possible")!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
With one billion dollars or more expected to be made by the end of 2006, I don't see any worries of SSTY having those 2.9 billion shares outstanding. While 99% of these other microcap companies are putting out press releases claiming that they will generate 3 million dollars in the next 5 years or something like they will be making 1 million per month, SSTY is telling us that the company with it's current progress will generate 1 BILLION or more bucks, NOT millions, I said, BILLION! Now, that makes the word "million" sound like spare change.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Oh, and another thing, Kane31..... If they want to lower that number, SSTY would either need to do a reverse split which I am totally against, or SSTY can buy back a billion or so of its own shares and I and probably everyone here would want them to do that instead of doing an R/S. An R/S could and would be the worse thing that can happen to all of us, the shareholders.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Madge..... This was a posting from databig that he got from another stock discussion board. This might answer your question of why SSTY just dropped back down to 0.003 and actually makes sense.
quote:Originally posted by databig: this was posted at the hub by johncee
Hi dsp, I have been following this stock for quite a while and have done extensive dd on it. The fact that we are on the grey's right now is the reason for the wide swings. There is only one market maker doing the trades, they are all pretty much match trades, so the market maker to limit his risk is supposed to only try to match trades. It is really a flip of the coin whether the market maker wants it to end up at the bid at .003 or the ask at .006.
If we were on the pinks or the otcbb then it would be a different story. Our share price would probably be around 5 to 10 cents. There are many other stocks like gzfx, qbid, hisc, and the list goes on, these other stocks were in the sub penny range and have billions of shares outstanding. The difference between ssty and these other stocks is ssty has a real good product that is need by China and also the world. These other companies have generated income to pay for operations by the sale of stock just as ssty has, however ssty has not sold much stock recently as evedinced by the retail trading patterns. In comparison to let's say gzfx, they are in competition with netflix and to capture their market gzfx would have to increase their revenue by 1000% and their subscriber base by the same amount, it is just not going to happen, in addition gzfx, would need to do a reverse share split by about 10-1 in order to make their stock appealing to larger investors. Both gzfx and qbid have increased their outstanding shares and sold them on the market to the point that the stocks will never fly. It's hard to make a 5000 pound pig fly. On the other hand ssty only has 2.5 billion outstanding and with the tremendous income potential that ssty has, when this does start to run it will run and keep running.
I expect that we will get the biggest part of the contract with china and Brand 315 which is 2 billion units a day of products. Based on the test contract that was signed November 8th, 2005 for $5,000,000. It was .0025 cents per product. The annual market is 730,000,000,000 (billion) products per year and that is just the 600 major manufacturers that are members of Brand 315. If we were to get the whole enchalada then we would be looking at $1,825,000,000. in revenue for the joint venture. Our share of the joint venture is 42% so it would be $766,500,000 in revenue for U.S. SSTY Company.
The joint venture is with Suneray Beijing Limited and our Chinese affiliate True Product ID Technologh Bejing LTD. The percentage is SSTY U.S. has 85% of the chinese company Sure Trace Asia which is now TPID and Suneray split 50/50 joint venture interest in the TPID/Suneray joint venture. So it boils down to ssty usa has 42% of any profits that come out of the chinese joing venture.
766 million revenue blows any other pink sheet stocks out of the water, like James Mackay said in his CEO interview, we are going to become a blue chip company in the future. So dsp, just sit back and relax and be glad that you bought into ssty when it is on the greys. You and I are taking a huge risk but the rewards are there, based on my research, I truely beleive that when we finish finincals and we are back on the otcbb, and when we get huge contracts with china and other countries, we will be millionaires over and over with a minimal investmnt. I have 6k invested and I know the risk but I also have a keen idea of the potential rewards and I am willing to loose my 6k in order to make millions!
I hope this answers your question. Don't worry about the swings and the greys, it will be gone soon IMO.
PS I type fast so I can get my ideas out before I forget what I want to say, and I don't use spell check. So if there are errors, sorry.
Good luck.
Go SSTY
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
There some mo-fo putting in trades randomly every day for small amount of shares for a low PPS, this person prefers .003 most of the time. The drop you saw was a trade totalling 60 dollars at .003. It should be back up with normal trades, hopefully it doesnt close on these ignorant trades like it has many occasions. This is the only reason this stock is this low right now. Otherwise it would be around .008 or higher, IMO.
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