posted
I was bored and hopped on s t o c k s t e r s pick. got in around .22
could they actually have something here that has a chance to at least run near .30 .
maybe a nice front-run oppty.
This one doesnt seem to be the pos like sont is IMO. Actually make money. any opinions? what i found recently..
Ablaze Technologies, Inc. (OTC:ABZT), a results oriented internet marketing & trading company, announced today that it once again achieved record sales and profitability for the previous quarter ending March 31, 2006.
Gross Revenue for the first 3 months of 2006 reached $5,021,552 with a gross profit of $3,794,397. Advertising and marketing expense was the Company's biggest outlay at $1,841,245, while general and administrative expenses remained relatively low at only $185,016. Pre-tax income was $1,766,317, leaving after tax net earnings for the period at $1,086,217 or approximately $.01402/share on 77,500,000 total issued and outstanding shares.
The Company also maintained its debt free status and increased its shareholders equity to $3,632,272 for the period, including $1,227,968 cash on hand and approximately $1,426,798 in unrealized investment gains expected to be realized in future quarters. Darrel Uselton, CEO, stated: "Our financial performance for the quarter well exceeded our expectations and our previous guidance, yet we look forward to maintaining our growth for some time, all the while sustaining significant profitability."
Nearly all the Company's growth for the first quarter was generated by its OTC Services, Inc. unit, which operates an online investment news network, as well as provides numerous comprehensive, web-based marketing services primarily to public companies, assisting in brand marketing and investor relations initiatives for those clients. The Company typically receives cash and/or marketable securities as fee income for services, and often participates in structured financing transactions with those public company clients as well.
For more information about Ablaze Technologies, or to review our complete financial statements and disclosures for the quarter, please visit our homepage at www.AblazeTech.com. You may also want to visit our business presentation pages at www.ProTrading.com.Posts: 6397 | Registered: Jan 2006
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posted
wow, ster is losing its appeal, no opinions huh, or everyone will pile on in the morning to get this. seems like the ster lost some respect with SONT? that was a joke IMO. I dont know, Im seeing there ads all over now, which is interesting. this may run still. This companies making money. The ster may finally have its day if they cant run something 200% like the good old days.
Posts: 6397 | Registered: Jan 2006
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posted
I agree, im thinking that the ster is desperate to try to get something to run hard.
debt free, and revs. too bad the ster was the one to point this out to us, lol. i do think it will run close to .30 tomorrow though. stock looks solid.
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posted
I am thinking that the ster is not d o w n s o u t h p i c k e r s. ant the south guys stole the sters thunder, now the ster is fighting back. trying to get something that runs hard. lol.. what a battle. south guys have really made things run lately
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posted
good old ster, they may have something here finally... look for the gap in the morning.
We first brought you ABZT when it was trading at $.03 in Feb. 2006, and it blasted to over $.20 in a matter of days! It then pushed to $.59 less than three months ago. We've been carefully watching and NOW is the time again for ABZT. We're making the call at $.15 as a MEGA BUY on ABZT and her moving to $.75 as our short-term target. However, ABZT can easily move to over $1.20 on a little bit of buying and news.
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