posted
Posted by: RICK C Date: Friday, August 22, 2008 5:43:41 PM In reply to: None Post # of 11565
Steve our CEO just called me, He said the "neither the Company or anyone he knows SOLD anything ". People ask your selves this Question=WHAT would selling 5-10 or even 1 hundred Million shares do for the Company ?? ANSWER=NOTHING- Except tick off a lot of Loyal shareholders and in the END -HURT THE COMPANY. There are some of you who are Real Good at investigating -So get on it-TRACK EM DOWN. look for INSIDER TRADING in the SEC web. I STAND behind our CEO 110 %. here's another thought- What IF it were someone who DID OWN that many shares and did TRADE THEM BACK -JUST to make their money BACK because they NEEDED it for a Emergency. think about it. Lets NOT loose our heads , we have a relieable CEO in Steve, and a Company that WILL GO onto Greater things. IF you need confirmation -Steve said he WOULD TAKE calls in about 1 hour. Remeber they EAT TOO.SEE you all Monday. RICK C
Posts: 2809 | Registered: Feb 2005
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posted
SMAS--big news out--.0002--Somatic Systems, Inc. Retires One Billion Shares Aug 25, 2008 8:30:00 AM View Additional ProfilesNORTHAMPTON, MA -- (MARKET WIRE) -- 08/25/08 -- Somatic Systems, Inc. (PINKSHEETS: SMAS) announced today that it has completed its first round of share buybacks and retired one billion shares of its common stock. The cancellation of these shares will become effective by the end of the day, and is expected to increase shareholder value considerably.
Prior to retiring these shares, Somatic Systems had approximately 8 billion shares of common stock issued and outstanding. Cancellation of these shares brings the structure down to approximately 7 billion shares, reducing the company's common stock by over 12%.
The sizable elimination of shares comes less than 3 business days after Somatic Systems announced it would begin a massive share acquisition and cancellation program, to restructure the company's capital and grow share price without conducting a reverse split of the stock.
The company stated its intention to continue to acquire and retire additional shares. "This significant cancellation of shares is just the beginning," stated Somatic Systems CEO Steven Aronstein. "In addition to the strong efforts we are making to grow our market value by building our business through expansion and aggressive promotion and strategic contracts, we believe that removing as much as half our shares can help grow our value exponentially. We are just getting started."
Somatic Systems stated it will continue to announce the acquisition and retirement of shares as they are pending or have been completed in the coming weeks.
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posted
retired 1 billion shares!!!!!!!!! and more to come--from the last press--CEO Steven Aronstein. "We think that removing as much as half our shares will have a strong impact on the demand and price for our stock, and is a great alternative to a reverse split. __________________
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posted
more shares to retire-non dilutive financing-all the TV coming--major league sports--the VA. new western offine to sell franchises!!!!!!! this is going to be huge!!!!!!!!!!!!
Posts: 2809 | Registered: Feb 2005
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Somatic Systems, Inc. (PINKSHEETS: SMAS) announced today that, as part of its current share buyback program, it has retired an additional round of shares, effective by the end of the day.
The amount of shares retired today was relatively modest, totaling 50 million shares of common stock, but all of them were free-trading shares and their cancellation reduces the "float" of Somatic Systems' stock.
Somatic Systems stated that it is currently in the process of completing much larger additional acquisitions and cancellations of shares coming in the near future. These events, deemed highly beneficial to shareholder value, will be announced to shareholders as they are pending or have been completed in the coming weeks.
Today's elimination of shares comes just over one week after the company acquired and eliminated one billion shares, reducing the company's common stock by over 12%. Approximately two weeks ago, Somatic Systems announced it would begin a massive share acquisition and cancellation program, to restructure the company's capital and grow share price without conducting a reverse split of the stock.
"While this round of share retirements was much smaller than our last one, we are pleased to announce it, as we are dedicated to eliminating as many shares from our stock structure as we can to increase shareholder value, whenever and as soon as we can," stated Somatic Systems CEO Steven Aronstein. "We have much larger buybacks in our sights, and continue to seek additional opportunities to remove restricted and free-trading shares wherever possible."
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking 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: For more information visit http://www.somatics.org or contact: Investor Relations 1 877 586-2555
posted
Posted by: BOOMER69 Date: Friday, September 05, 2008 4:15:35 PM In reply to: None Post # of 13945
REPOST OF 4HE'S POST FROM EARLIER!
Posted by: 4HeAlone Date: Friday, September 05, 2008 1:19:21 PM In reply to: None Post # of 13631 Just got off the phone with ceo..we were not done talking..but he had to go and I'll talk again later today.
He said they planning on PR-ing more and BIGGER buybacks very sooon (oops there goes extra zeros in that word soooon)
He said that he didn't want to WASTE a GREAT PR on a big buyback in a terrible week of trading, so he PR'd a smaller one because he wanted investors to know that they ARE coming.
Some general concerns he had had to do with investors thinking he is diluting. He said he is not diluting. Yes he had to issue some shares for the promo campaign and for the cost of the processing of buybacks..and to get the PRs out there to let people know and to keep the vol trading at 200 mil a day..but that's it.
He said that in the last couple of weeks the average daily trading volume has been around 200 mil and before that nothing. His recent release was less than one day's averagage trading vol, but they are a small company and have limited cash flow to do what they want/need to accomplish. He said the new shares covered the cost to grow the company and stock.
He said that some would not believe him, but said to post that the partner that has the 171 mil new shares has only sold 20 mil and only sold at the ask.
In the last couple of weeks when people were saying that the company was holding the price down, they weren't selling at all.
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posted
Somatic Systems, Inc. Retires an Additional 1.1 Billion Shares -- Share Reductions Now Total One-Quarter of Stock Structure Tuesday 09/09/2008 8:31 AM ET - Market Wire
Somatic Systems, Inc. (PINKSHEETS: SMAS) announced today that it has completed its third and largest round of share buybacks, retiring another 1 billion, 100 million shares of its common stock.
Prior to the beginning of this aggressive buyback program, Somatic Systems had approximately 8 billion shares of common stock issued and outstanding. Cancellation of this round of shares brings the structure down to approximately 6 billion shares, eliminating approximately 25% of the company's stock.
This 1.1 billion share cancellation is the largest share acquisition and retirement action completed by Somatic Systems so far, exceeding the previous record acquisition and cancellation of 1 billion shares completed on August 25 -- and the company has stated its intention to continue to acquire and cancel still more shares in the coming weeks. The company also retired 50 million shares last week.
These dramatic eliminations of 2.15 billion shares have all occurred within the 20 days since Somatic Systems announced it would begin a massive share acquisition and cancellation program, to restructure the company's capital and grow share price without conducting a reverse split of the stock.
Of the shares retired today, the restricted shares had all completed the process of becoming free-trading. Thus this cancellation avoided a 33% increase in the stock's float.
"We are pleased with the progress of our share retirement program, and we hope it shows shareholders we are serious about building and maintaining the health of our stock structure and increasing share value," stated Somatic Systems CEO Steven Aronstein. "We continue to seek additional opportunities to remove as many shares from the marketplace as possible."
The company stated it would announce additional cancellations as they happen in the coming weeks.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking 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: For more information visit http://www.somatics.org or contact: Investor Relations 1 877 586-2555
Posts: 11 | From: Palmetto State | Registered: May 2007
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Somatic Systems, Inc. (PINKSHEETS: SMAS) is pleased to announce they engaged public relations firm Goldman Communications Group to assist the company with its expansion and branding process.
Somatic Systems is positioned for significant growth in public awareness from its upcoming national television coverage and its ongoing nationwide expansion activities. Additionally, the company is furthering that position by preparing to launch aggressive promotional and branding campaigns. Goldman Communications will be an important part of these strategies, including large-scale affiliate and franchise programs, co-marketing, leveraging strategic relationships, web development, media coverage, and web-based professional services.
The PR firm was chosen for its experience with a broad array of brands and markets that provide an ideal background and basis for strong success with the unique product and brand of Somatics in the near- and long-term -- including healthcare, pharmaceutical companies, medical products, beauty and spa products, natural products, pilates and fitness brands.
"We are very excited about the future of Somatics with Goldman Communications," stated Somatic Systems CEO Steven Aronstein. "At the highest levels of the firm, they have demonstrated a clear understanding of the market challenges and opportunities of Somatics, and the unique strengths that make our product so important as well as lucrative. We expect great things from this partnership in the months and years to come."
About Goldman Communications Group, Inc.
Goldman Communications Group, Inc. offers strategic counsel and customized public relations and communications programs to all size businesses and organizations, including Fortune 500 corporations and start-up companies. Their clients have included First Brands Corporation (STP, Glad and Glad-Lock, Prestone, Simoniz; now Clorox), Hain Food Group (Celestial Seasonings, Arrowhead Mills, DeBoles, Earth's Best Organic, et al.), and the Writers Guild of America East.
Founded in 1996, Goldman Communications Group has extensive experience in counseling clients; supporting existing products and services; launching new products and services; creating marketplace positioning for corporations and brands; generating publicity; creating visibility for products, corporate positions, and issues; and addressing client-related issues. Their expertise spans areas of consumer marketing, branding, business-to-business, corporate reputation, special events, public affairs, issues management, and environment.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking 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: For more information visit http://www.somatics.org or contact: Investor Relations 1 877 586-2555
posted
Buybacks keep comin.retired anotha half a billy.
SOURCE: Somatic Systems, Inc. Sep 23, 2008 08:30 ET Somatic Systems, Inc. Retires One Half-Billion Shares
NORTHAMPTON, MA--(Marketwire - September 23, 2008) - Somatic Systems, Inc. (PINKSHEETS: SMAS) announced today that it has completed its fourth round of share buybacks, retiring another half billion shares of its common stock.
Prior to the beginning of this aggressive buyback program, Somatic Systems had approximately 8 billion shares of common stock issued and outstanding. Cancellation of this round of shares brings the structure down to approximately five-and-a-half billion shares, eliminating over one quarter of the company's stock.
The sizable elimination of shares has all been completed within the one month since Somatic Systems announced it would begin a massive share acquisition and cancellation program, to restructure the company's capital and grow share price without conducting a reverse split of the stock. Furthermore, the company has stated its intention to continue to acquire and retire additional shares.
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posted
Somatic Systems, Inc. to Launch Brand New Website Redesign 18 minutes ago - Market Wire
As of 12:00 AM ET 9/24/08 Somatic Systems, Inc. (PINKSHEETS: SMAS) announced that it has begun an extensive redesign of its flagship website, to be launched later this fall. The new site will provide a strong customer- and investor-focused presence to provide a clear, simple, modern face for bringing the company's revolutionary Somatics pain management system to the world.
Previously, the company had invested in a strong technology infrastructure to provide a global platform for managing retail and IT management for nationwide expansion. This new site design will take the next step, in leveraging that infrastructure to reach a broader consumer audience.
Somatic Systems' new website is the first project for the company's new prestigious public relations firm, Goldman Communications, which the company announced last week it had signed with to support their aggressive growth process. The new website is the first step in a larger branding and consumer awareness campaign that will include franchise and affiliate locations, branding and co-marketing efforts, and strategic partnerships. Additionally, the new site is meant to coordinate with Somatic Systems' upcoming strong promotional and expansion efforts, including television and media coverage, outreach to the military, VA hospitals and professional sports teams.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking 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: For more information visit http://www.somatics.org or contact: Investor Relations 1 877 586-2555
posted
this will continue until it finally takes off and runs big--tv. coming next month--take time and dd SMAS-at .0001-from 9-23 press-------------------Prior to the beginning of this aggressive buyback program, Somatic Systems had approximately 8 billion shares of common stock issued and outstanding. Cancellation of this round of shares brings the structure down to approximately five-and-a-half billion shares, eliminating over one quarter of the company's stock.
The sizable elimination of shares has all been completed within the one month since Somatic Systems announced it would begin a massive share acquisition and cancellation program, to restructure the company's capital and grow share price without conducting a reverse split of the stock. Furthermore, the company has stated its intention to continue to acquire and retire additional shares.
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