posted
Hey George, don't say i didn't tell you. Theres a reason i scan for news and files every night--after hours news tends to go unnoticed. This ones still has a ways to go.I'm holding for a while.
Posts: 424 | Registered: Apr 2005
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posted
Either way this will get attention and probably move on up...and then retrace and bounce around for a while.
BTW...if there is news, posting it is quite helpful to potential buyers. IMHO
Press Release for Elite Flight Solutions Inc
Emerge Capital Retained by Elite Flight Solutions for Restructuring and Business Development Services 2/16/2006 4:45:51 PM HOUSTON, Feb 16, 2006 (PRIMEZONE via COMTEX) -- Emerge Capital Corp. ( EMGC ) announced today that its wholly owned subsidiary, Corporate Strategies, Inc., has signed a two year services agreement with Elite Flight Solutions ( EFLT ). Corporate Strategies' CEO Tim Connolly will lead the restructuring, business development, and acquisition activities called for under the agreement.
Bruce Edwards, President and CEO of Elite, stated, "We believe that Emerge Capital provides us with some of the best, most experienced advisors in the micro-cap public markets. We look forward to working closely with them on developing and executing our new strategic plan for Elite." Tim Connolly, CEO of Emerge Capital, added, "This agreement is consistent with our plan to provide micro-cap public companies strategic services with a significant equity component in success fees. As the shareholders of Elite benefit from future growth and focus, Emerge Capital should benefit from the increase in value of our own equity holdings in Elite. We look forward to working on this opportunity with Elite."
Emerge Capital Corp. provides Business Restructuring, Turnaround Management, and Advisory Services for emerging and re-emerging public and private companies through its wholly owned operating subsidiary, Corporate Strategies, Inc. (CSI). CSI helps micro-cap public companies accelerate growth, provides working capital strategies, funding alternatives and in select cases, makes direct investments in our client companies. CSI markets its turnaround services to hedge funds, institutional investors, and banks that have significant exposure in troubled micro-cap public companies. Typically, these companies are in operational or financial difficulty, may be in default of lending or equity agreements, and may be facing bankruptcy or liquidation if their operations are not turned around. CSI is compensated with cash payments on a monthly or quarterly basis, and the most significant part of our compensation is in outright grants of equity in the form of common stock, and/or warrants for purchasing common stock. We believe this compensation plan provides us with an opportunity to achieve venture capital like returns on our equity participation, and aligns our interests with the client company and its shareholders because our ultimate compensation is determined by successfully increasing shareholder value. This performance based arrangement clearly demonstrates that our interests are consistent with the goals of our clients, their shareholders, and the shareholders of Emerge Capital Corp.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While Emerge Capital Corp/Corporate Strategies, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Emerge Capital Corp/Corporate Strategies, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Emerge Capital Corp/Corporate Strategies, Inc.'s filings with the Securities and Exchange Commission.
posted
)Heres why I like the news---CSI wants the pps to go up--so they will make more money--so they will do what they can do make the pps go up!!!
. CSI helps micro-cap public companies accelerate growth, provides working capital strategies, funding alternatives and in select cases, makes direct investments in our client companies. CSI markets its turnaround services to hedge funds, institutional investors, and banks that have significant exposure in troubled micro-cap public companies. Typically, these companies are in operational or financial difficulty, may be in default of lending or equity agreements, and may be facing bankruptcy or liquidation if their operations are not turned around. CSI is compensated with cash payments on a monthly or quarterly basis, and the most significant part of our compensation is in outright grants of equity in the form of common stock, and/or warrants for purchasing common stock. We believe this compensation plan provides us with an opportunity to achieve venture capital like returns on our equity participation, and aligns our interests with the client company and its shareholders because our ultimate compensation is determined by successfully increasing shareholder value.
Posts: 424 | Registered: Apr 2005
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Company Notes: Formerly=Carcorp USA Corp. until 7-03
Class Notes: New Issue=2-02 5,630,650 shs at $3 by the company.
Transfer Agent: United Stock Transfer, Inc., Englewood, CO 80110
The information provided here has been obtained from publicly available sources as well as directly from issuers in some cases.
Posts: 3727 | Registered: Jul 2004
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quote:Originally posted by George: News goes unnoticed..I could not find anything on this until Sunny posted it...
Nice job MR M....
I just could find not reason for your prediction...now I see. Thanks
Thanks George--I was just messing with you before--but seriously, i'm holding my shares till next week or so. I think it will make a move when it gets noticed and i am sure some pr's will be put out soon..Best of luck to you.
Posts: 424 | Registered: Apr 2005
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posted
Good luck to you too Sunny.Today we made a nice little move, but I think it is only the beginning.
Posts: 424 | Registered: Apr 2005
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posted
I've been holding this one for about a year waiting for a move and I think its going to get noticed soon!
Posts: 957 | From: grand rapids, MI | Registered: Feb 2006
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posted
Well. I thought 003 looked reasonable as a goal for the day...mentioned it earlier. But 004 looks good, too. lol
Posts: 3727 | Registered: Jul 2004
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posted
Actually, it appears to be pulling back now...I sold way too early. I have another buy order in...will modify it if necessary. We'll see.
Posts: 3727 | Registered: Jul 2004
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