posted
CorpHQ Reports 2005 Results in Voluntary Annual Report Wednesday March 15, 9:00 am ET Revenues and Profitability Exceed Analyst Forecasts - Company Achieves Major Strategic Goals
REDONDO BEACH, Calif., March 15 /PRNewswire-FirstCall/ -- CorpHQ, Inc. (OTC: COHQ - News) today reported financial results for the fiscal year ended December 31, 2005 that exceeded prior analyst forecasts in all areas. The CorpHQ Inc. Voluntary Annual Report containing independently reviewed financial statements has been posted at http://www.pinksheets.com/quote/finance.jsp?symbol=COHQ and is available for download now. (Logo: http://www.newscom.com/cgi-bin/prnh/20050628/LATU103LOGO )
Financial highlights for the fiscal year 2005 include:
* Total revenue increased by 43% over fiscal year 2004 to $2,572,514;
* Assets increased by 31% to $4,654,858;
* Net income for the year was $650,103 or $0.005 per share on a diluted basis;
* The Company paid down $511,002 of debt to end the year with just $19,441 in current liabilities; and
* The Company also built a year end 2005 cash balance of $464,078. Steve Crane, co-founder and CEO of CorpHQ Inc. stated, "CorpHQ finished the year in an extremely strong position as we completed the most successful year in the Company's history. Our management team has now generated five consecutive years of revenue and asset growth and profitability, and we are proud of the effort, focus and determination exhibited by our team."
Crane added, "Equally as important as our strong financial results, is the real progress we made in executing the growth strategies we outlined at the beginning of 2005. First, our UK operation played a key role in the company-wide effort made to close the large block sale of Safeguard Technology shares to its existing shareholders. Second, we have broadened our capital base and strengthened our management team. This has given us additional capacity which we believe will allow us to increase the number of portfolio companies we can effectively address at any given time. Finally, we have made a fundamental strategic transition from slowly developing companies from concept to accelerating the growth of existing companies."
"We believe the accomplishments of 2005 have made CorpHQ a stronger, more mature company. With two portfolio companies planning to go public early this year, one progressing nicely and a stack of interesting business plans from new candidates, 2006 is shaping up to be an excellent year."
About CorpHQ, Inc.
CorpHQ, Inc. provides money and management to high caliber early stage companies, fast-tracking their growth from startup to profitability. Acting as a business accelerator, CorpHQ works with high potential entrepreneurs and provides both the capital and hands-on leadership needed for long term growth. The company has a track record of building successful businesses and making a profit. Since 2001, it has helped develop seven companies while generating five consecutive years of growth and earnings for shareholders.
The information highlighted in this press release is contained in, and qualified in its entirety by the full text of, the Voluntary Report referenced above, and all readers are encouraged to consult the full report which includes, among other things, risk factors and other information necessary for a complete understanding of the company. Revenue and earnings figures quoted included both realized and unrealized gains. See "Factors Affecting Our Business Condition" in the subject Voluntary Report for additional information.
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.
For more information please contact: CorpHQ, Inc. Investor Relations 310-540-8851 Alan Silberberg or Gregg Davis aws*corphq.com or gregg*corphq.com
-------------------- Value Investor.
Intelligent Investor - Ben Graham Posts: 253 | Registered: Apr 2005
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posted
hope you got in cheap mustang taking off like a rocket now
-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
put an order in when i saw your post, good catch
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
showing some weakness all of a sudden, might try to drop this at .0030 50% in about an hour isnt bad
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
gonna bust out, nite on the bid same as ask
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
man this is acting wierd can seem to build momentum
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
think that could have been a little profit taking, but someone had to buy all them shares on the way up and im s ure they are holding for more
-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
im out at .027 and .025 not bad for a lunch hour play!
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
Can't find anything what so negative about this company. She looks like a pretty girl standing alone in the rain and no one sees her. Today I buy'd her a 20K ticket.
Posts: 425 | From: NL | Registered: Jun 2005
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Mortgage Industry Veteran Acquires 50% Ownership of South Bay Financial Solutions and Joins Board of Directors Monday March 20, 9:15 am ET Jeff Hoagland Brings Mortgage Industry Expertise, Capital and Vision to CorpHQ Portfolio Company and Board
REDONDO BEACH, Calif., March 20 /PRNewswire-FirstCall/ -- CorpHQ, Inc. (OTC: COHQ - News) announced today that Jeff Hoagland, an accomplished veteran of the residential mortgage industry, has acquired a 50% ownership interest in CorpHQ's portfolio company South Bay Financial Solutions, Inc. He will also serve on the portfolio company's Board of Directors. Mr. Hoagland will utilize his extensive retail and wholesale mortgage lending expertise, contacts and strategic vision to drive the growth of South Bay Financial Solutions.
South Bay Financial provides mortgage and financial services to homeowners in Southern California. The company offers both traditional mortgages and innovative pre-foreclosure programs designed to help families keep their homes. Under CorpHQ's direction, the company has rapidly expanded its operations. The company is now brokering home loans and specializing in foreclosure transactions in anticipation of a potential downturn in California's real estate market.
"South Bay Financial is positioned to grow exponentially and to succeed in both an upward and downward-trending real estate market," stated Steve Crane, CorpHQ's Chief Executive Officer. "Jeff Hoagland has a successful track record, broad industry expertise, access to considerable resources, and a keen eye for recognizing financial opportunity. Having a veteran like Jeff buy into our portfolio company and join its Board is a significant achievement with highly positive implications for our future."
About South Bay Financial Solutions, Inc.
South Bay Financial Solutions, Inc. provides residential mortgage and financial products with a special interest in pre-foreclosure transactions. In addition to traditional home loans, the company is pioneering innovative programs to help families find ways to forestall foreclosure and maintain ownership of their homes. Statistics show that Southern California's real estate market is leveling off in terms of property values and sales volume and while foreclosures are at an all time low, increasing interest rates, high real estate values and reduced demand are putting pressure on the market. Major real estate lenders are beginning to increase their REO departments, and a robust foreclosure market is predicted within the next 12-18 months. A CorpHQ portfolio company that has grown from concept to rapid expansion, South Bay Financial plans to expand its business to include retail loan initiation, retail branches and a wholesale division.
-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
| IP: Logged |
-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
CORPHQ INC (U-COHQ) - News Release CorpHQ CEO Steve Crane to Be Interviewed on Nationally Syndicated Traders Nation Radio Show
2006-03-27 18:13 ET - News Release
REDONDO BEACH, Calif., March 27 /PRNewswire-FirstCall/ -- CorpHQ, Inc. announced that CEO Steve Crane will be featured as a guest interview on the nationally syndicated Traders Nation investment radio show broadcast live tomorrow at 11:14 a.m. EST.
Crane is expected to discuss CorpHQ's strong financial results released last week in its Voluntary Annual Report and the current growth of its portfolio companies.
CorpHQ's interview will be available for live feed or rebroadcast on the Traders Nation website at www.tradersnation.com/radio.shtml. Listeners can call in to the radio show at 866-762-2777.
CorpHQ CEO Steve Crane commented: "2005 was a record year for CorpHQ. We increased our total revenue by 43% over last year to $2,572,514, earned net income of $650,103, achieved positive cashflow, increased assets, and reduced debt. Now we are taking the final steps to bring portfolio company Safeguard Technology International, Inc. to the public markets, including a loan to facilitate a reverse merger transaction between Safeguard and a publicly traded company. With these accomplishments plus the developments we are working on now, I am excited to discuss CorpHQ's current prospects and five consecutive years of revenue and asset growth with Kurt Schemers and the Traders Nation community of investors."
Traders Nation is the largest syndicated "live" radio and television talk show for small-cap stocks. Programming is broadcast nationwide and streamed over the internet, covering market activity, company news and trading strategies. Owned by Desert Son Media Corporation, Traders Nation has partnered with CBS Marketwatch, ABC's Starguide Satellite, Quote Media, America One Television Network, Knobias, Itunes and others to become one of the leading investment radio shows.
About CorpHQ, Inc.
CorpHQ, Inc. provides money and management to high caliber early stage companies, fast-tracking their growth from startup to profitability. Acting as a business accelerator, CorpHQ works with high potential entrepreneurs and provides both the capital and hands-on leadership needed for long term growth. The company has a track record of building successful businesses and making a profit. Since 2001, it has helped develop seven companies while generating five consecutive years of growth and earnings for shareholders.
CorpHQ can be found on the internet at www.corphq.com. The company voluntarily reports all financial information and material events on www.pinksheets.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.
Traders Nation Forward Looking Statements
This news release may contain forward-looking statements, which involve risks and uncertainties. Accordingly, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company. These factors include the Company's success in its business and operations; the activities of new or existing competitors, the ability to attract and retain employees and strategic partners, the ability to leverage intangible assets, the ability to complete new projects at planned costs and on planned schedules and adoption of the Internet as a medium of commerce, communications and learning. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
re: trader nation interview (message from another board),
Ya they talked about their company and the history a little.
Said Safeguard is targeting celebrities and people of wealth for their survalence. they claim to be close the best in the business, if not the best. and they are expanding and have a huge market in california.
The giving card is growing fast too, and have a 'pact' with the Vatican and potentially millions (if not billions they mgiht have said) of potential customers.
They plan on going to a higher exchange and are right on tract for that, they just are staying on the pinks because of its low cost until they can make sure everything is perfect for the move to a higher exchange.
They also plan on issuing dividends of the portfolio companies that go public to COHQ holders.
They went over the financials and said they have Zero debt, 5 years of growth.
Oh ya one thing they said. They thought 2005 would be a "transitional" year and things might have slowed a little, and it turned out to be their best year yet.
They said 2006 will be even better
PS: I like the dividend part!
Posts: 188 | From: illinois | Registered: Jan 2004
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posted
just hope some here got in on this nice run today. Btw, the last time it ran in january it hit .07 on less volume. Volume today hit 10million (most in 3 years). Ya know what they say about volume? Volume precedes price! I don't think this is over yet. Thursday may be a lot of fun.
Posts: 188 | From: illinois | Registered: Jan 2004
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posted
i'm in and still holding. volume today was out of control.
-------------------- Always do your own due diligence. My posts are neither a buy, sell, or hold recommendation; and express only my personal opinion. Please consult your financial advisor before making any investment decisions. Posts: 163 | From: Ohio | Registered: Jan 2006
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posted
I bought this last week at .0201, and still holding. Hoping to hit that .04 that Jmoove mentioned :-)
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
superbee this may move higher than .04. Keep your eyes on the volume and technicals. .07 is a possibility imo. If not sure, may want to sell half at .04 and hold for higher. gl
Posts: 188 | From: illinois | Registered: Jan 2004
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posted
CorpHQ Portfolio Company Safeguard Technology Completes Reverse Merger to Create SGT Ventures PR Newswire - April 12, 2006 11:00 PM (EDT)
-------------------------------------------------------------------------------- Jump to first matched term
SGT Ventures Becomes First CorpHQ Portfolio Company to Achieve Public Listing
REDONDO BEACH, Calif., April 12, 2006 /PRNewswire-FirstCall via COMTEX/ -- CorpHQ, Inc. (OTC: COHQ) announced that its portfolio company Safeguard Technology International, Inc., has successfully merged with SGT Acquisition Company, Inc., a wholly owned subsidiary of publicly-traded SGT Ventures Inc. ("SGT Ventures"). SGT Ventures' common stock trades over-the-counter on the Pink Sheets under the trading symbol "SGVN."
As part of the merger transaction, the Safeguard Technology International, Inc., shareholders will receive shares of SGT Ventures in exchange for their Safeguard Technology shares. Safeguard Technology's current management will take equivalent Board and executive positions in which will continue to operate through its wholly owned subsidiaries, including Moore Protection Inc.
With the completion of this transaction, CorpHQ, Inc., has successfully launched its portfolio company and furthered its business of finding, funding and advising small companies on the path to becoming publicly traded entities. A homegrown CorpHQ portfolio company, Safeguard has grown from concept to public listing, establishing itself as a leading provider of next-generation electronic security systems for the high-end residential market in Southern California.
CorpHQ CEO Steve Crane commented: "Safeguard began as a concept -- a great idea, a needed service, a good marketing strategy, breakthrough technology and a growing market. By providing strategic direction, operational support and access to capital we helped Safeguard transform that visionary idea into a thriving business and, today, into a publicly listed company with a very bright future. This is a true validation of our ability to drive the growth of emerging companies and a testament to our team's talent and hard work. We are thrilled for SGT Ventures and look forward to sharing in their great success in the future."
SGT Ventures President Robert Perea said: "We would like to thank CorpHQ for their intense effort, commitment and vision in shepherding our company through its formative stages. Becoming a standalone public company is a huge accomplishment and we are ecstatic to have grown to this level, but we believe this is only the beginning. We are rapidly increasing market share in a highly lucrative industry and working to expand our reach via a very smart growth-by-acquisition strategy. As a publicly traded company, we are perfectly positioned to maximize the exceptional growth opportunities we see before us."
SGT Ventures, Inc. provides innovative technology-based security solutions for elite-class residential clients. Through its Moore Protection business unit, the company delivers leading edge alarms, digital surveillance systems and third-party alarm and video monitoring to customers who demand and can afford the finest residential security services and systems. Positioned within the $21.9 billion electronic security industry, SGT Ventures' strategy is to grow both organically and through strategic acquisitions of companies that span the landscape of residential security, entertainment and technology. SGT Ventures is the first of CorpHQ's portfolio companies to achieve a public listing. SGT Ventures can be found on the internet at www.sgtvinc.com.
About CorpHQ, Inc.
CorpHQ, Inc. provides money and management to high caliber early stage companies, fast-tracking their growth from startup to profitability. Acting as a business accelerator, CorpHQ works with high potential entrepreneurs and provides both the capital and hands-on leadership needed for long term growth. The company has a track record of building successful businesses and making a profit. Since 2001, it has helped develop seven companies while generating five consecutive years of growth and earnings for shareholders.
CorpHQ can be found on the internet at www.corphq.com. The company voluntarily reports all financial information and material events on www.pinksheets.com.Posts: 425 | From: NL | Registered: Jun 2005
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