posted
News is supposed to be out this week Per CEO....any good news and we should see a nice little run IMO...this baby is just sitting there waiting to run!
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
MicroHoldings US, Inc. Signs Nonbinding Agreement to Acquire Global Vision Telecom; Announces Strategy to Diversify Holdings Thursday February 15, 6:00 am ET
SAN DIEGO--(BUSINESS WIRE)--MicroHoldings US, Inc. (Pink Sheets:MHUS - News) today announced that it has signed a non-binding agreement to acquire Global Vision Telecom, Inc., a privately held company that provides international calling services and network management systems. The final agreement will be a stock for stock exchange between the companies and is pending due diligence. MHUS also controls the international rights to the MicroCars assembly system. ADVERTISEMENT
Stated Jeffrey Flannery, CEO of MicroHoldings US, Inc., "As a holding company, we felt it was important to begin diversifying the companies within Microholdings so as to have a variety of solid revenue sources and to create additional opportunities for MHUS to grow and be profitable. GVT is a good company for MHUS in that it is run by established professionals in the telecom industry who have a track record of building large successful telecom companies."
Added Flannery, "And we believe that the tide has changed for telecom. I have faith in the principals of GVT. This is a unique and exciting company. We expect to show solid business right from the beginning and to then provide some exciting developments in the next several months."
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
I still waiting for my order to be fill at .0003. Let's see what happens. I have been waiting for a while now.
Posts: 38 | Registered: Oct 2006
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posted
I'm still siting tight the volume was killer today with that much volume its bound to go back up
Dont take my advice though it is a little risky with the possible R/S Jeff didnt confirm but he also didnt deny the possibility of an R/S
also the news said that the agreement that was signed was non-binding so the news does not guaranty they will acquire GVT
SAN DIEGO--(BUSINESS WIRE)--MicroHoldings US, Inc. (Pink Sheets:MHUS - News) today announced that it has signed a non-binding agreement to acquire Global Vision Telecom, Inc
-------------------- Play Big Win Big Posts: 29 | Registered: Feb 2007
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posted
Oh I'm holding....But wouldn't be so sure that all that volume will make this go back up....it has dilution written all over it which will do nothing but bring it down. I'm hoping its just to help make some deals and strengthen the company....tommorrow will say alot IMO...either we crash and burn or move forward
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
Still holding two mil at .0006. Made 450 last week off that bounce to .0011. Here is a link to a 60 minute chart. Nice support at 3 with major resistance at five. A close above five would be bullish.
posted
Looking at getting in this one as my second pick. Just started trading last Thursday. Are the markets open on Monday?
Posts: 2 | From: Niagara Falls, Canada | Registered: Dec 2006
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posted
what I find most interesting about that, is that they write in English as poorly as they speak it.
Posts: 339 | From: Clearwater, Fl | Registered: Mar 2004
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http://www.dailynews.lk/2007/02/16/fin01.asp Export orders for lanka’s Micro Reton Shirajiv Sirimane NEW SUV: The ultra luxury Micro Reton, sports utility vehicle manufactured in Sri Lanka has received several export orders. Already they have received enquiries from Germany, Bangladesh, Pakistan and Sudan. Micro Car Company introduced its newest addition a few months ago and already 50 vehicles have been sold in Sri Lanka, Chairman Micro Car Company Dr. Lawrence Perera said. They have tied up with Mercedes Benz and a leading Korean car company, Sanyong, to manufacture this vehicle in Sri Lanka. The company is manufacturing two SUV type vehicles, which are priced from Rs. 7.5 million upwards. POPULAR: Chairman Micro Cars, Dr. Lawrence Perera with the new Micro Reton. Picture by Shirajiv Sirimane
This price is almost 40 percent less of the price of an imported car and the Government has pledged that they would purchase more vehicles from the company thus saving foreign exchange,” he said. They are hoping to increase production with the intention of re-exporting to Europe. The body of the vehicle, mirrors, seats, and rubber components including the tyres are fully manufactured in Sri Lanka. “We are in the process of acquiring technology to have more local components to this vehicle,” he said. He said that one of his main priorities would be to do more local value additions to this vehicle in Sri Lanka. “Presently we have 36 percent value addition and we want to increase this to around 50 percent,” he said. Perera said the first ever Sri Lankan manufactured car named “Micro”, was designed, developed and phototyped locally by Transmec Engineering (Pvt) Ltd., and was officially launched in 2002 May. “Today we have 52 percent of local value addition,” he said. Only the four-stroke engine and gearbox are imported from Italy. The project produces 600 cars monthly providing over 3,000 direct jobs and 8,000 indirect jobs by the company. He thanked the Government for assisting them to iron out problems with regard to the duty that was imposed on the Micro car. “I had made several representations to successive governments and now the company has been granted a duty waiver,” he said. “The Government wanted me to have at least 30 percent value addition for the car to grant me this concession,” Dr. Perera said. In addition to the Micro car they have increased value addition in both their Micro Mini Van and Micro Trend which have over 36 percent value addition done in Sri Lanka. My ultimate aim is to produce a 100 percent locally manufactured car, he said.
posted
This will be huge on the P/R our of Sri Lanka!!!! It should take off Monday!
Posts: 35 | From: Pennsylvania | Registered: Sep 2006
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posted
The PR above dates back to Feb 16th, and it had aleady been linked to twice in the past week on this thread alone. If you could show me where it alludes to impending 'Fantastic News!' and/or a 'Huge P/R Coming', I would be able to appreciate it being posted yet again. But if not, I would ask you to please be careful that you do not mislead people into something based upon old news. It was most likely an honest mistake on your part, and of course, everyone should do their DD, but nonetheless, it is not a good situation, to find yourself giving out dated information perceived as current news.
Posts: 339 | From: Clearwater, Fl | Registered: Mar 2004
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