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Somatic Systems, Inc. Releases All Current and Historical Financials
NORTHAMPTON, MA, Aug 29, 2007 (MARKET WIRE via COMTEX) -- Somatic Systems, Inc. (PINKSHEETS: SMAS) is pleased to announce the release of its financial statements for the 2007 Q2 period ending June 30, 2007. Additionally, the company released statements for 2007 Q1 and annual statements for 2006. These releases exceed the standards for Pink Sheets' rating for Limited Information, providing greater documentation as well as all historical financial statements for Somatic Systems, Inc. The company surpassed Limited standards as a result of the information it is currently providing to Pink Sheets to achieve the highest rating of the new Pink Sheets disclosure categories.
Somatic Systems' financial reports were prepared in a manner enabling easy transition to the auditing process. The company is preparing for audits of its financial records, as part of its plans for up-listing to the Bulletin Boards in 2008.
Somatic Systems recorded a 220% increase in gross revenues and 255% increase in gross profits for the first quarter of 2007 as compared to the same period in 2006. These gains were due largely to the company's successes in increasing enrollment in its Clinical Somatic Education Professional Training Program. Gross revenues and profits for the second quarter were 27% and 22%, respectively, of last year's figures. This is due to a difference in scheduling of one of the company's major yearly training events for 2007. The 2006 production and sales of this event were scheduled to generate revenues during the first and primarily the second quarter of that year. On the other hand, the same event for 2007 is scheduled to receive revenues throughout the third and fourth quarters of this year. This later time frame in 2007 for final sales and revenue generation is advantageous: The later time frame means revenue generation occurs during and after the expected airing of the television program about Somatic Systems' proprietary treatment and training systems on WE Television network, the Travel Channel, and 48 syndicated television stations nationwide, providing opportunity for a dramatic boost in sales.
"We have seen important groundwork building and growth for Somatic Systems in the past year; and we have yet to begin a full-scale launch of our revenue-generating clinics, or begun our nationwide rollout of those clinic chains," stated CEO Steven Aronstein. "Furthermore, our upcoming television appearances, state licensures, financial aid packages, military and corporate endeavors, and more exciting new affiliations, customer benefits, and marketing campaigns promise an exciting future and broad growth for all of our revenue divisions for years to come."
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the ground-breaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques -- conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day -- to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics(TM) also provides performance gains and injury prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners and to serve medical and orthopedic professionals and institutions and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources, and opportunities, at www.somatics.org.
Safe Harbor Act
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
For more information visit http://www.somatics.org or contact: Investor Relations 1 877 586-2555
posted
looks like no selling--5 mm's bidding .0001--from another board--------------------------------------------Posted by: 4HeAlone In reply to: None Date:8/31/2007 11:30:43 AM Post #of 4364
CEO called me last night and mentioned an idea he had to be more interactive with investors. In the past, some investors have put their email in the ibox and then I sent them to SMAS. In doing so, some have received info related to trainings, etc.
CEO would like to encourage anyone else that is interested to put their email in the ibox or send it to SMAS yourself. He plans on sending out more info along with the newsletter.
SMAS is also planning on doing more promotional travel next year to expose SMAS within key locations. Examples would be offering one to two day free clinics along with the use of eduactional sessions (lecture and so on).
If any investor would like to have SMAS come to your city/town and you have ideas as to where they could host a session (example: Holiday Inns/Ramadas, the type of things you see all the time on TV hosting large events open to the public) please let CEO know.
CEO also mentioned that they are starting up the new IR/PR campaign next week. This has been posted about before and it will entail targeting larger groups/brokers to get them and their $ behind SMAS. It will also incude working with what WE would call MMs to help with the SMAS thrust.
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0.0001 10000 OTO 09/06 0.0001 490000 OTO 09/06 0.0001 1373200 OTO 09/06 0.0001 1373200 OTO 09/06 0.0001 1000000 OTO 09/06 0.0001 6270300 OTO 09/06 0.0001 200000 OTO 09/06 0.0002 2500000 OTO 09/06 0.0001 1200000 OTO 09/06 0.0001 2500000 OTO 09/06 0.0001 990000 OTO 09/06 0.0001 10000 OTO 09/06 0.0001 70000 OTO 09/06 0.0001 1180000 OTO 09/05
****yawn****
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)
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t 0.0001 9999999 OTO 16:04:32 t 0.0001 9999999 OTO 16:04:13 t 0.0001 9999999 OTO 16:03:57 t 0.0001 9999999 OTO 16:03:38 t 0.0001 9999999 OTO 16:03:16
Last 5 transactions of the day...Wow....does someone want some of this stock or what!
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)
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Somatic Systems, Inc. Announces Upcoming Professional Training Dates Wednesday September 12, 8:30 am ET
NORTHAMPTON, MA--(MARKET WIRE)--Sep 12, 2007 -- Somatic Systems, Inc. (Other OTC:SMAS.PK - News), is pleased to announce that their next Clinical Somatic Education Professional Training Program will begin January 12, 2008. The company has already begun recruiting students and accepting applications for admissions.
The start dates of this training program have been timed to take advantage of the upcoming national television feature of the company's pain management system on the show "Health Forum." In the fourth quarter of this year Somatic Systems will be featured on WE tv (Women's Entertainment), the Travel Channel, and in 48 syndicated broadcasts nationally. The company is anticipating a spike in interest after these broadcasts and will be diligently preparing to enroll new students for the training program.
With a cost of approximately $10,000 per student, the Clinical Somatic Education Professional Training Program is the largest product sold by Somatic Systems.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics™, the ground-breaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques -- conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day -- to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics(TM) also provides performance gains and injury prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources, and opportunities, at www.somatics.org.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Contact: For more information visit http://www.somatics.org or contact: Investor Relations 1 877 586-2555
Source: Somatic Systems, Inc.
Get in while the gettin is good! ;-) Volume 10 Million already!
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)
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Estimated Market Cap 480,108.76 as of Sep 14, 2007 Outstanding Shares 4,801,087,596 as of Aug 17, 2007 Authorized Shares 10,000,000,000 as of Aug 17, 2007 Number of Share Holders of Record 339 as of Aug 17, 2007 Float 1,408,239,850 as of Aug 17, 2007
quote:Originally posted by lostone: the numbers are so discouraging tho..
Estimated Market Cap 480,108.76 as of Sep 14, 2007 Outstanding Shares 4,801,087,596 as of Aug 17, 2007 Authorized Shares 10,000,000,000 as of Aug 17, 2007 Number of Share Holders of Record 339 as of Aug 17, 2007 Float 1,408,239,850 as of Aug 17, 2007
Does this mean I am one of 339? LOL Does this also mean I am wasting my time and should try and sell the millions and millions of shares I hold? Don't scare me now....LOL At least this one is much more promising than JMCP..
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)
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Other OTC:SMAS.PK - News) today announced that their new website will be launching in the upcoming week. The new site is being designed to allow for maximum growth in the company's communication and technology infrastructure as the Company readies itself for nationwide expansion. This redesign will kick off of a larger branding and marketing campaign that will unfold over the next year in coordination with a national television show and other media features. This marketing campaign is synced up with key product and service launches -- including the company's new training program, journal, and consumer products. ADVERTISEMENT
The new site will include interactive features such as forums, classifieds, and member specific pages. The site will serve as a hub for both professionals and potential customers and clients, and will help to bring them together in their search for the healing principles of Somatics. The new site will also include the launch of the company's web store and ecommerce engine.
While some features of the new site will be rolled out over time, the key upgrades will be complete and launched next week, with an entirely new technology infrastructure built to incorporate all of the company's present and future online services into one integrated platform. This will allow current and future website subscribers to be integrated seamlessly with ecommerce accounts on the web store, converting general web traffic into retail customers and increasing revenue.
The new platform allows for centralized hosting and communications between offices and employees. It is an important tool in the company's growth strategy, whereby all contact data will be created, stored and accessed through a single database, allowing for streamlined member services, shopping, and email marketing implementation, including newsletter features that achieve targeted direct marketing to a larger audience at a lower cost.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the ground-breaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques -- conducted through one-hour hands-on sessions, therapeutic exercise classes, and home exercises lasting as little as 5 minutes a day -- to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics(TM) also provides performance gains and injury prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources, and opportunities, at www.somatics.org.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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