In March of this year, SEVI achieved Microsoft Gold Certified Partner status (one of only 200 such companies nationwide). That status is bestowed on the company by Microsoft in recognition of excellence in a broad range of competencies. SEVI achieved that level in Data Management, Information Worker, Networking Infrastructure, and Software Advisor solutions. As a result of this status, all of SEVI's employees receive free expert training from Microsoft in all aspects of data/network management. Thus, the status essentially makes it easier for SEVI to maintain its high level of excellence in its computing services division.
SEVI's new managed services contract with Petrobras Oil (14th largest oil company in the world, valued at 88 billion), is for 3 years, and includes the hiring of all personnel at Petrobras' new U.S. installation. http://biz.yahoo.com/bw/061005/20061005005297.html?.v=1
The estimate for this year's gross profits is 5.5 million (on 8 million in revenue), estimated from their most recent 10K + the profits from the Petrobras contract. Thus, the share value based on the projected gross profits is close to 0.010, or about 8 times the current trading price of 0.0013.
posted
yeah but bottom players are starting to run now, before all pennies were pretty much dead except a small handfull, but now alot of bottoms are running...and this is great company with some great partners and a super low float and also the volume is really starting to come in the last few days, and weeks
this will run and soon
-------------------- please dont trade stocks on my alerts, do your dd first.
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quote:Originally posted by superman7: yeah but bottom players are starting to run now, before all pennies were pretty much dead except a small handfull, but now alot of bottoms are running...and this is great company with some great partners and a super low float and also the volume is really starting to come in the last few days, and weeks
this will run and soon
Superman, do you know the actual float? SEVI had around 340M OS on September - I'm sure that they diluted a lot since went to pinks (look at historical data from mid October). Appreciated if you'll provide numbers of OS/float instead of "super low float" - info on pinksheets is outdated and really nothing under "Investors" on systemsevolution web.
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posted
As of October 5, 2006, the total number of shares outstanding was 492 million according to their press release at that time (that was at the completion of several rounds of dilution during the preceding months that nearly doubled the number of shares from 250 million--the dilution was due to debt conversion, so almost all of those shares went to large investors and are not part of the float). The float was 120 million, or roughly 25% according to Yahoo (Reuters lists it as just 21 million, but that seems too low since SEVI can trade upwards of 90 million shares on a busy day).
Here are a few SEVI articles that people requested on the InvestorsHub message board (http://www.investorshub.com/boards/board.asp?board_id=5369), so I'm reposting them here for anyone who is interested:
posted
Asklepidaurus, thanks i looked for the float and i am finding different numbers including the 340mil and the 492 mil and a bunch of other numbers but all the numbers are very low and it does make me think the float is low.
Thanks for all that info..Great Work!
by the way SEVI is looking better
12(3) by 13(1)
-------------------- please dont trade stocks on my alerts, do your dd first.
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