HEY, wer jetzt nicht kauft, der ist n Pleitegeier oder n Geizhals ! - 500 Beiträge pro Seite
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Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 1. | 0,1885 | -0,26 | 63 | |||
2. | 2. | 1,1800 | -14,49 | 55 | |||
3. | 3. | 18.188,00 | -0,01 | 46 | |||
4. | 4. | 2.329,37 | -0,37 | 38 | |||
5. | 5. | 168,29 | -1,11 | 20 | |||
6. | 6. | 7,3500 | +3,81 | 14 | |||
7. | 7. | 6,7910 | 0,00 | 12 | |||
8. | 10. | 0,8860 | 0,00 | 11 |
oder er weiß es nicht.
MK 2,5 Mio und eine News die 5 Mio Gewinn versichert.
Ohne die news die bereits veröffentlicht wurden.
Seht Euch GTEC an.
Bei Consors WKN 931506
Kurs 0,04 USD
Ziel auf 12 Monate 0,4 USD
Gruß
BIOM
MK 2,5 Mio und eine News die 5 Mio Gewinn versichert.
Ohne die news die bereits veröffentlicht wurden.
Seht Euch GTEC an.
Bei Consors WKN 931506
Kurs 0,04 USD
Ziel auf 12 Monate 0,4 USD
Gruß
BIOM
Genesis Technology Group Selected by Shanghai Aerospace to Lead U.S. Initiative in Distance Learning Program
THURSDAY, NOVEMBER 03, 2005 7:00 AM
- Market Wire
GTEC
0.04 +0.007 News
Enter Symbol:
Enter Keyword:
BOCA RATON, FL, Nov 03, 2005 (MARKET WIRE via COMTEX) -- Genesis Technology Group, Inc. (GTEC) announced that it has been selected by China Vocational Education Satellite Network to lead its U.S. initiative in distance learning. Genesis management estimates that the contract could have a value exceeding $5 million in profits for the Company in an industry estimated to yield billions of dollars globally.
Mr. Hong Kang, Chief Executive Officer of the CVE Satellite Network, commented: "We selected Genesis because of its management`s long-term success in bridging Chinese and Western business interests. We are confident that Genesis can source our educational partners at major U.S. universities, hospitals, and private companies. More than distance learning, we also believe that the CVE programs can result in better understanding and cooperation among peoples in different countries."
Genesis Project Manager KeKe Zhang interjected: "China Vocational Education Satellite Network is the premier distance learning platform sponsored by the National Center for Education Development & Research of Ministry of Education of People`s Republic of China, owned and operated by Shanghai Aerospace Computer System Engineering Co., Ltd.
"Genesis` role is clear: we will secure the educational partners for the CVE programs, and the tuition-based courses will educate students and professionals regardless of time zone or geographic location. Genesis benefits by receiving a designated portion of each CVE contract," explained Ms. Zhang.
Continued Mr. Kang: "With a curriculum covering medical, management, engineering, spirituality, marketing, accounting, business and finance, and more, CVE will create global classrooms through distance learning programs that target a registered student body numbering in the tens of millions."
About Genesis Technology Group, Inc.
Genesis Technology Group, Inc. is a business development firm that fosters bilateral commerce between Western and Chinese companies. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. The Company has fully staffed offices in the United States, Hong Kong and China. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China. In addition, the company acquires and invests in innovative technology companies in China or forms joint ventures with both Western and Chinese companies, focusing on emerging technology and natural resource industries. For more information, visit www.genesis-technology.net
THURSDAY, NOVEMBER 03, 2005 7:00 AM
- Market Wire
GTEC
0.04 +0.007 News
Enter Symbol:
Enter Keyword:
BOCA RATON, FL, Nov 03, 2005 (MARKET WIRE via COMTEX) -- Genesis Technology Group, Inc. (GTEC) announced that it has been selected by China Vocational Education Satellite Network to lead its U.S. initiative in distance learning. Genesis management estimates that the contract could have a value exceeding $5 million in profits for the Company in an industry estimated to yield billions of dollars globally.
Mr. Hong Kang, Chief Executive Officer of the CVE Satellite Network, commented: "We selected Genesis because of its management`s long-term success in bridging Chinese and Western business interests. We are confident that Genesis can source our educational partners at major U.S. universities, hospitals, and private companies. More than distance learning, we also believe that the CVE programs can result in better understanding and cooperation among peoples in different countries."
Genesis Project Manager KeKe Zhang interjected: "China Vocational Education Satellite Network is the premier distance learning platform sponsored by the National Center for Education Development & Research of Ministry of Education of People`s Republic of China, owned and operated by Shanghai Aerospace Computer System Engineering Co., Ltd.
"Genesis` role is clear: we will secure the educational partners for the CVE programs, and the tuition-based courses will educate students and professionals regardless of time zone or geographic location. Genesis benefits by receiving a designated portion of each CVE contract," explained Ms. Zhang.
Continued Mr. Kang: "With a curriculum covering medical, management, engineering, spirituality, marketing, accounting, business and finance, and more, CVE will create global classrooms through distance learning programs that target a registered student body numbering in the tens of millions."
About Genesis Technology Group, Inc.
Genesis Technology Group, Inc. is a business development firm that fosters bilateral commerce between Western and Chinese companies. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. The Company has fully staffed offices in the United States, Hong Kong and China. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China. In addition, the company acquires and invests in innovative technology companies in China or forms joint ventures with both Western and Chinese companies, focusing on emerging technology and natural resource industries. For more information, visit www.genesis-technology.net
börsendaten
http://www.marketwatch.com/tools/quotes/profile.asp?siteid=b…
Share related items
Market cap: $ 2.58M
Shares out: 64.44M
http://www.marketwatch.com/tools/quotes/profile.asp?siteid=b…
Share related items
Market cap: $ 2.58M
Shares out: 64.44M
kurzer zock bis 0,08 ist locker drin
langfr. ist die 0,5 machbar
und wo ist der haken?
eigentlich hätten die ja heute in den usa so richtig explodieren müssen?
eigentlich hätten die ja heute in den usa so richtig explodieren müssen?
der haken könnte sein, dass sie damals ihr vertrauen verspielt hatten.
sollten die letzten news in geld umgemünzt werden, dann kommt vertrauen zurück
sollten die letzten news in geld umgemünzt werden, dann kommt vertrauen zurück
BIOMIRA
Hast Du immer noch nicht genug Geld verloren ? (z.B. mit Deinen Google-Puten ...)
Setz` endlich mal auf Gewinner, dann gewinnst auch Du !
Hast Du immer noch nicht genug Geld verloren ? (z.B. mit Deinen Google-Puten ...)
Setz` endlich mal auf Gewinner, dann gewinnst auch Du !
EARNING melden sie pünktlich
das ist kein turboschein mit knock out sondern eine fette chance auf einen rebound
Wer kauft denn da in Berlin zu 0,055 ???
Ob die market-cap noch aktuell ist (Stückzahl der ausgegebenen Aktien ???) ?
Ob die market-cap noch aktuell ist (Stückzahl der ausgegebenen Aktien ???) ?
85% in berlin
usa zocken wieder die makler
nachkauf bei 0,035
der nächste bei 0,031
usa zocken wieder die makler
nachkauf bei 0,035
der nächste bei 0,031
CHDT mit 15 mio mk ist dagegen richtig teuer
fazit: nachkaufen <<<>>>satt machen, warten und bei 0,3 verkaufen
fazit: nachkaufen <<<>>>satt machen, warten und bei 0,3 verkaufen
[posting]18.577.476 von BIOMIRA am 04.11.05 17:04:18[/posting]Da sind wohl etliche froh, etwas teuerer noch rausgekommen zu sein. Um Hoffnung auf einen Ausbruch zu haben hätte sich das Papier schon bei 0,04$ halten sollen. Das ist ja fast wieder komplett in sich zusammengefallen. Und wieder sind`s die bösen Marketmaker. Diese ewigen Verschwörungstheorien. Die verdienen nur, wenn Umsatz ist. Wenn unten keine Nachfrage ist, müssen sie halt mit den Quotes runter. Stehen unten genug Kundenorders drin, dann bleibt der BID auch oben.
hast nicht ganz unrecht
ABER
wer hat interesse mit einer order von 6 dollar die aktie unten zu lassen
gleiches spiel auch bei ATEG
ABER
wer hat interesse mit einer order von 6 dollar die aktie unten zu lassen
gleiches spiel auch bei ATEG
GOOD NEWS !
Genesis Management Posts Letter to Shareholders With Near-Term Profitability as the Major Goal
TUESDAY, NOVEMBER 08, 2005 7:01 AM
- Market Wire
GTEC
0.0395 +0.0045
Enter Symbol:
Enter Keyword:
BOCA RATON, FL, Nov 08, 2005 (MARKET WIRE via COMTEX) -- Genesis Technology Group, Inc. (GTEC) posted on its website a "Letter to Shareholders" that addresses the current state of the Company, with a retrospective, present status, and forecast for the future. The most positive aspect of the communication states that a "transformative merger," still in negotiations, with a major Chinese company could "vault the Company to sustained profitability, with brand recognition that is designed to `go global`."
As to present action: Disposing of Chorry Technologies, the company`s 80% owned subsidiary, is addressed and the Board of Directors holds the position that Chorry has been under performing for a myriad of reasons. The sale would result in the Company receiving $500,000 in common stock from another public company, which operates as a holding company of Chinese enterprises. Management and the Board of Directors strongly believe that this sale would be beneficial to the Company and its shareholders, especially in light of a prospective merger with another major Chinese company.
The letter concludes: "We are moving forward with our plan to integrate all of our operations into an enterprise that will be a premier provider of management services, assisting Chinese companies trying to penetrate US markets, and our outlook for the year is optimistic. We are excited about our growth opportunities and look forward to translating those opportunities into increased shareowner value." The letter in its entirety may be accessed at www.genesis-technology.net
About Genesis Technology Group, Inc.
Genesis Technology Group, Inc. is a business development firm that fosters bilateral commerce between Western and Chinese companies. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. The Company has fully staffed offices in the United States, Hong Kong and China. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China. For more information, visit www.genesis-technology.net
Safe Harbor Statement
TUESDAY, NOVEMBER 08, 2005 7:01 AM
- Market Wire
GTEC
0.0395 +0.0045
Enter Symbol:
Enter Keyword:
BOCA RATON, FL, Nov 08, 2005 (MARKET WIRE via COMTEX) -- Genesis Technology Group, Inc. (GTEC) posted on its website a "Letter to Shareholders" that addresses the current state of the Company, with a retrospective, present status, and forecast for the future. The most positive aspect of the communication states that a "transformative merger," still in negotiations, with a major Chinese company could "vault the Company to sustained profitability, with brand recognition that is designed to `go global`."
As to present action: Disposing of Chorry Technologies, the company`s 80% owned subsidiary, is addressed and the Board of Directors holds the position that Chorry has been under performing for a myriad of reasons. The sale would result in the Company receiving $500,000 in common stock from another public company, which operates as a holding company of Chinese enterprises. Management and the Board of Directors strongly believe that this sale would be beneficial to the Company and its shareholders, especially in light of a prospective merger with another major Chinese company.
The letter concludes: "We are moving forward with our plan to integrate all of our operations into an enterprise that will be a premier provider of management services, assisting Chinese companies trying to penetrate US markets, and our outlook for the year is optimistic. We are excited about our growth opportunities and look forward to translating those opportunities into increased shareowner value." The letter in its entirety may be accessed at www.genesis-technology.net
About Genesis Technology Group, Inc.
Genesis Technology Group, Inc. is a business development firm that fosters bilateral commerce between Western and Chinese companies. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. The Company has fully staffed offices in the United States, Hong Kong and China. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China. For more information, visit www.genesis-technology.net
Safe Harbor Statement
http://www.genesis-technology.net/letters.html
Memorial Day 2005
Dear Fellow Shareholders:
As you are aware, Genesis Technology Group, Inc. (GTEC) makes a sincere effort to keep our valued shareholders informed. We invite you to visit our new headquarters in Florida and Shanghai , or submit your questions and concerns to the “Shareholders Ask” page of our website, www.genesis-china.net , which is currently being updated.
This letter is intended to offer an appraisal of the State of the Company, specifically to address concerns and opportunities frequently proffered by our shareholders. These concerns are a constant focus of discussion by your management team and directors.
Let me start by addressing our core subsidiary, Shanghai Chorry Technology Development Company, Ltd. (Chorry). As we have indicated in previous filings and press releases, the electronics market appears to be quite stable. However, profitability is difficult to achieve due to low margins, which are prevalent in this industry. Our revenues have grown from $6 million US, to $23 million US in just 3 years. However, the cost of business is of increasing concern. Clearly, shareholders are concerned about this problem, as is your management team.
If we cannot generate better margins and profits, we will act judiciously and consider selling our ownership in Chorry. As previously announced, we have consolidated our trading center activities in Extrema, LLC to our wholly owned subsidiary, Genesis Hong Kong OEM Direct (GHK), and already we have seen steady benefits. Globally, electronics are increasingly competitive. We feel the best opportunities for Genesis and our shareholders may lay in other compelling industries.
As we move forward, we are focusing specifically on manufacturing opportunities, sourcing of building materials, natural resources and better business processes to reach profitability. These are all very healthy developments. A key client for our company is Gulf South Forest Products, Inc. Gulf South is based in South Florida and has additional port facilities in Alabama and Jamaica . After several trips to China and executing a number of global product orders, our analyses show us compelling opportunities in this sector. Our well-developed China network is pivotal in this growth. Not only can we predict near term profitability, but we can also capture sizeable market share promptly and generate substantial revenues and profits from concentrating on China `s incredible consumption of natural resources and building materials.
We see signs that our consulting business may be beginning to improve significantly. For the past two years we have been continually winning new business. While many of GTEC`s clients have been presented excellent opportunities in China , often they do not have the financial or management stamina for global business. Thus, net results from consulting were relatively flat over the past two years, which have resulted in losses. Of course, from the roundtable marketing programs, we have sourced such valuable clients as Gulf South, Viragen and now Barbara Palacios Design Company, among others. It now appears that we are recruiting a more qualified client and this decline has stopped, which means that, as we continue to win new business (and we are), we can start to grow revenues and profits for this division. This trend is positive, which we should start to see in our fourth quarter.
In addition, we believe that we have formed partnerships that are creating encouraging opportunities for our China financial services profit center. We are poised to source candidates in Western markets and merge them with compatible industry partners in China . From these mergers or partnerships, Genesis will own an equity percentage of the new company. Finally, after many years of building this integrated model, a number of clients are utilizing our service offerings and many of these ventures are near completion. I do not mention this lightly, as it has been difficult to achieve. We have spent years investing enormous amounts of financial and intellectual capital in this very important initiative.
We recognize that although we have ample revenues, little debt, and are in an exciting and prosperous industry, essentially we have not met our fiscal goals. We are diligently working to find ways to improve profits, reward employees and satisfy our clients. This is a natural part of the process and we are prepared to lose revenues as opposed to losing profits. You should understand that profitability and having a long-term vision are critical to our mission.
Now let me address our investment in Extrema, LLC. As revenues held up reasonably well through this process, and we were excited about the potential product lines, supply and demand did not demonstrate a reliable long-term profitable business for us. Coupled with the fact that our previous China management team could not deliver the pricing or financing as promised, Genesis has chosen to focus on Greater China domestic sales exclusively with our new management and direction. As explained, the Genesis Hong Kong OEM branch has taken over all trading and sourcing opportunities, including those previously assigned to Extrema and the Shanghai office.
For a final bit of texture on these issues, I will now discuss some important investor information. Our stock price has increasingly declined over the last three quarters, due in part to a sagging US economy and a noticeable lack of historic and tangible production from our China office. As expected, changes in our management team in China have created extreme pressure on our business endeavors. Further compromising our evaluation, we have reason to believe that former members of management have aggressively sold their holdings in the company with a disregard to the impact on the general body of shareholders. With liquidity at an all-time stagnancy level, the price has bottomed to an historic low. We have, however, weathered this storm, and although the evaluation is currently poor, we see many signs that resurgence is eminent, and we remain bullish about our future share price. We have decided that the actions taken over the trailing three quarters are a reasonable tradeoff for the potential of our company and genuine business opportunities that lay ahead.
The change in direction and attitude was not overnight and certainly presented many challenges. However, it was imperative that the company move away from a family owned atmosphere and toward a Fortune 500 global corporation in order to be dedicated to one owner: the Shareholder. We did this by shifting toward consistent operational controls, sensible procedures and dedication to the company. We may have continuing issues with parties looking forward, which we plan to resolve in the near term. The vast majority of our clients and shareholders alike should encourage our standards of ethical and dedicated vision.
In light of this environment, Genesis responded swiftly to the challenge. We made management changes and saw improved operations and investments begin to pay off with better than anticipated performance in both China and the US . Naturally, we realize that investors wish it would happen faster than that, but that is the expectation we have.
To summarize, our business interest appears to be looking excellent going forward. This is a combination of a revamped and revitalized management team, reduced overhead, winning new clients and participating in new emerging margin-rich industries. The backdrop to this improved structure is the most dynamic economy in the world and a time-tested network in China that is second-to-none.
Our China solution offerings are taking hold. Our China GHK OEM Direct business is proceeding as planned. Admittedly, our low stock price has impeded our ability to take advantage of acquisitions, which is pivotal to our strategy. Our commitment to increasing the evaluation will change this short term with sharing our success with our base. We are increasingly confident that over the next 2-4 quarters, our business will return to a position where we can increase returns for our shareholders.
Finally, several shareholders have inquired about the 2005 Annual Shareholders` Meeting. The 2004 event took place on December 17th, so we will plan this year`s version in the final quarter of this calendar year as well. Yet, as stated from the outset of this letter, please use our daily lines of communication so we can exchange ideas, criticism and suggestions on a frequent and broad basis.
Sincerely,
Gary L. Wolfson, CEO
Memorial Day 2005
Dear Fellow Shareholders:
As you are aware, Genesis Technology Group, Inc. (GTEC) makes a sincere effort to keep our valued shareholders informed. We invite you to visit our new headquarters in Florida and Shanghai , or submit your questions and concerns to the “Shareholders Ask” page of our website, www.genesis-china.net , which is currently being updated.
This letter is intended to offer an appraisal of the State of the Company, specifically to address concerns and opportunities frequently proffered by our shareholders. These concerns are a constant focus of discussion by your management team and directors.
Let me start by addressing our core subsidiary, Shanghai Chorry Technology Development Company, Ltd. (Chorry). As we have indicated in previous filings and press releases, the electronics market appears to be quite stable. However, profitability is difficult to achieve due to low margins, which are prevalent in this industry. Our revenues have grown from $6 million US, to $23 million US in just 3 years. However, the cost of business is of increasing concern. Clearly, shareholders are concerned about this problem, as is your management team.
If we cannot generate better margins and profits, we will act judiciously and consider selling our ownership in Chorry. As previously announced, we have consolidated our trading center activities in Extrema, LLC to our wholly owned subsidiary, Genesis Hong Kong OEM Direct (GHK), and already we have seen steady benefits. Globally, electronics are increasingly competitive. We feel the best opportunities for Genesis and our shareholders may lay in other compelling industries.
As we move forward, we are focusing specifically on manufacturing opportunities, sourcing of building materials, natural resources and better business processes to reach profitability. These are all very healthy developments. A key client for our company is Gulf South Forest Products, Inc. Gulf South is based in South Florida and has additional port facilities in Alabama and Jamaica . After several trips to China and executing a number of global product orders, our analyses show us compelling opportunities in this sector. Our well-developed China network is pivotal in this growth. Not only can we predict near term profitability, but we can also capture sizeable market share promptly and generate substantial revenues and profits from concentrating on China `s incredible consumption of natural resources and building materials.
We see signs that our consulting business may be beginning to improve significantly. For the past two years we have been continually winning new business. While many of GTEC`s clients have been presented excellent opportunities in China , often they do not have the financial or management stamina for global business. Thus, net results from consulting were relatively flat over the past two years, which have resulted in losses. Of course, from the roundtable marketing programs, we have sourced such valuable clients as Gulf South, Viragen and now Barbara Palacios Design Company, among others. It now appears that we are recruiting a more qualified client and this decline has stopped, which means that, as we continue to win new business (and we are), we can start to grow revenues and profits for this division. This trend is positive, which we should start to see in our fourth quarter.
In addition, we believe that we have formed partnerships that are creating encouraging opportunities for our China financial services profit center. We are poised to source candidates in Western markets and merge them with compatible industry partners in China . From these mergers or partnerships, Genesis will own an equity percentage of the new company. Finally, after many years of building this integrated model, a number of clients are utilizing our service offerings and many of these ventures are near completion. I do not mention this lightly, as it has been difficult to achieve. We have spent years investing enormous amounts of financial and intellectual capital in this very important initiative.
We recognize that although we have ample revenues, little debt, and are in an exciting and prosperous industry, essentially we have not met our fiscal goals. We are diligently working to find ways to improve profits, reward employees and satisfy our clients. This is a natural part of the process and we are prepared to lose revenues as opposed to losing profits. You should understand that profitability and having a long-term vision are critical to our mission.
Now let me address our investment in Extrema, LLC. As revenues held up reasonably well through this process, and we were excited about the potential product lines, supply and demand did not demonstrate a reliable long-term profitable business for us. Coupled with the fact that our previous China management team could not deliver the pricing or financing as promised, Genesis has chosen to focus on Greater China domestic sales exclusively with our new management and direction. As explained, the Genesis Hong Kong OEM branch has taken over all trading and sourcing opportunities, including those previously assigned to Extrema and the Shanghai office.
For a final bit of texture on these issues, I will now discuss some important investor information. Our stock price has increasingly declined over the last three quarters, due in part to a sagging US economy and a noticeable lack of historic and tangible production from our China office. As expected, changes in our management team in China have created extreme pressure on our business endeavors. Further compromising our evaluation, we have reason to believe that former members of management have aggressively sold their holdings in the company with a disregard to the impact on the general body of shareholders. With liquidity at an all-time stagnancy level, the price has bottomed to an historic low. We have, however, weathered this storm, and although the evaluation is currently poor, we see many signs that resurgence is eminent, and we remain bullish about our future share price. We have decided that the actions taken over the trailing three quarters are a reasonable tradeoff for the potential of our company and genuine business opportunities that lay ahead.
The change in direction and attitude was not overnight and certainly presented many challenges. However, it was imperative that the company move away from a family owned atmosphere and toward a Fortune 500 global corporation in order to be dedicated to one owner: the Shareholder. We did this by shifting toward consistent operational controls, sensible procedures and dedication to the company. We may have continuing issues with parties looking forward, which we plan to resolve in the near term. The vast majority of our clients and shareholders alike should encourage our standards of ethical and dedicated vision.
In light of this environment, Genesis responded swiftly to the challenge. We made management changes and saw improved operations and investments begin to pay off with better than anticipated performance in both China and the US . Naturally, we realize that investors wish it would happen faster than that, but that is the expectation we have.
To summarize, our business interest appears to be looking excellent going forward. This is a combination of a revamped and revitalized management team, reduced overhead, winning new clients and participating in new emerging margin-rich industries. The backdrop to this improved structure is the most dynamic economy in the world and a time-tested network in China that is second-to-none.
Our China solution offerings are taking hold. Our China GHK OEM Direct business is proceeding as planned. Admittedly, our low stock price has impeded our ability to take advantage of acquisitions, which is pivotal to our strategy. Our commitment to increasing the evaluation will change this short term with sharing our success with our base. We are increasingly confident that over the next 2-4 quarters, our business will return to a position where we can increase returns for our shareholders.
Finally, several shareholders have inquired about the 2005 Annual Shareholders` Meeting. The 2004 event took place on December 17th, so we will plan this year`s version in the final quarter of this calendar year as well. Yet, as stated from the outset of this letter, please use our daily lines of communication so we can exchange ideas, criticism and suggestions on a frequent and broad basis.
Sincerely,
Gary L. Wolfson, CEO
SHAREHOLDERS ASK
November 8, 2005
Dear Fellow Shareholders:
The purpose of this letter is to reach out to our shareholder base. We are committed to sharing information with the entire body of GTEC shareholders, and have decided to use this forum, a letter prominently posted on the Company’s website, to be available to everyone. In accordance with Regulation FD (Fair Disclosure), a new issuer disclosure rule that addresses selective disclosure to investors, we are trying curtail one-on-one interviews with current and futures shareholders.
As significant shareholders, we too are disappointed with the current share price. Your Board of Directors, with great prudence, has taken action to rectify this shortcoming promptly. We hold the strong belief that careless management, primarily in China, has taken a serious toll on the performance of the Company. In fact, much of the poor leadership and unprofessional conduct took nearly eight months in 2005 to fully uncover and correct. We are still reviewing some of these activities, and if we must take action, legal or otherwise, then we will do so aggressively. We know that your confidence and reliance must be on present management, and we take full responsibility for the performance of the Company going forward.
Your Board is committed to g ood governance, which depends primarily on leaders, who put integrity and the interests of the Company ahead of their self-interests. These executives are willing to grapple with difficult decisions that may involve personal sacrifice and occasional criticism.
What are the plans for the future? Why should a dispirited shareholder simply not give up? First, we are aware that our enthusiasm and optimism in the past may have fallen short of investors’ expectations, as the disappointing quarterly reports and declining stock price have persisted. Past problems aside—at least for now—we have methodically kept our shoulder to the wheel and believe success, given a realistic amount of time, will be achieved. Additionally, we have streamlined our operations, and now focus clearly and energetically on two key profit centers:
Genesis Equity Partners LLC (GEP) was established in June 2005 to facilitate qualified Chinese companies seeking prominence in the U.S. public markets. Such initiatives are difficult and challenging, but significantly profitable when consummated. GEP is owned 75% by Genesis China (a 100% owned subsidiary of GTEC) and 25% by China West LLC, an independent group of public/marketing experts who have assisted over 500 public companies in the United States. Also, we aligned the Company with the Honorable Jimmy I.C. Chiang of Shanghai, one the most prominent entrepreneurs in all of China, to source candidate companies.
Beneficially, GEP is sourcing qualified companies on a frequent basis, and the most desirable, compatible candidate will be designated as GTEC’s merger prospect. We have, in fact, identified one such Chinese company, and we are moving forward diligently and professionally to bring such a merger to a successful conclusion. We believe that the impact on the value of GTEC, if we were successful, would be the most dramatic as any event in its short history. While unable to say more, at this time, consummation of this merger would vault the Company to sustained profitability, with brand recognition that is designed to “go global”. Remaining cautious and within the confines of required confidentiality, we can only urge our shareholders to follow new releases, as we work tirelessly to bring this transformative merger to a successful conclusion.
A man says to a veterinarian: "Can you help me? Sometimes my horse walks just fine, and sometimes he limps." Replies the vet: "No problem. When he`s walking fine, sell him." This sums up how we feel about our largest asset Chorry Technologies. Disposing of Chorry Technologies, our 80% owned subsidiary, has been recommended to our shareholders, and a vote will determine if this transaction is approved. Management holds the position that Chorry has been under performing, competes in the brutal economy of computer hardware and software, and has been a challenging subsidiary to nominally own and practically manage. Present management inherited this subsidiary, and its operation has been problematic and hardly profitable during the entire ownership period. To be crystal clear, management urges the disposition this asset to enhance the future of the Company.
We are moving forward with our plan to integrate all of our operations into an enterprise that will be a premier provider of management services, assisting Chinese companies trying to penetrate US markets, and our outlook for the year is optimistic. We are excited about our growth opportunities and look forward to translating those opportunities into increased shareowner value.
We have experienced both excellent, critical performance and dismal results during our incumbency. We realize that "you can’t eat critical performance”. But if you expect—as shareholders, employees and directors usually do—that Genesis will produce reasonably satisfactory results over time for long-term investors, then we must realistic about the timeline and challenges. As you may be aware, many Chinese public companies have “taken a beating” in the last 12 trailing months, and we are no different. Our point is that very few companies go from the Bulletin Board to Nasdaq in only three years. Admittedly, we have paid some hefty dues in building both a brand and network in China, and feel that the company is ready to make some great strides.
There is no point putting excessive gloss on a situation that has been obviously dull in the past six months. But we have said repeatedly that success in China takes years, not weeks or months, and such patience is often tested along the way. We recognize that we are being tested, and our goal is a simple one: to build a profitable Company that rewards the patience and support of our shareholders. We promise to do our best and to keep our shareholders informed, as best we can.
Sincerely,
Board of Directors
Genesis Technology Group, Inc.
http://www.genesis-technology.net/shareholders.html
November 8, 2005
Dear Fellow Shareholders:
The purpose of this letter is to reach out to our shareholder base. We are committed to sharing information with the entire body of GTEC shareholders, and have decided to use this forum, a letter prominently posted on the Company’s website, to be available to everyone. In accordance with Regulation FD (Fair Disclosure), a new issuer disclosure rule that addresses selective disclosure to investors, we are trying curtail one-on-one interviews with current and futures shareholders.
As significant shareholders, we too are disappointed with the current share price. Your Board of Directors, with great prudence, has taken action to rectify this shortcoming promptly. We hold the strong belief that careless management, primarily in China, has taken a serious toll on the performance of the Company. In fact, much of the poor leadership and unprofessional conduct took nearly eight months in 2005 to fully uncover and correct. We are still reviewing some of these activities, and if we must take action, legal or otherwise, then we will do so aggressively. We know that your confidence and reliance must be on present management, and we take full responsibility for the performance of the Company going forward.
Your Board is committed to g ood governance, which depends primarily on leaders, who put integrity and the interests of the Company ahead of their self-interests. These executives are willing to grapple with difficult decisions that may involve personal sacrifice and occasional criticism.
What are the plans for the future? Why should a dispirited shareholder simply not give up? First, we are aware that our enthusiasm and optimism in the past may have fallen short of investors’ expectations, as the disappointing quarterly reports and declining stock price have persisted. Past problems aside—at least for now—we have methodically kept our shoulder to the wheel and believe success, given a realistic amount of time, will be achieved. Additionally, we have streamlined our operations, and now focus clearly and energetically on two key profit centers:
Genesis Equity Partners LLC (GEP) was established in June 2005 to facilitate qualified Chinese companies seeking prominence in the U.S. public markets. Such initiatives are difficult and challenging, but significantly profitable when consummated. GEP is owned 75% by Genesis China (a 100% owned subsidiary of GTEC) and 25% by China West LLC, an independent group of public/marketing experts who have assisted over 500 public companies in the United States. Also, we aligned the Company with the Honorable Jimmy I.C. Chiang of Shanghai, one the most prominent entrepreneurs in all of China, to source candidate companies.
Beneficially, GEP is sourcing qualified companies on a frequent basis, and the most desirable, compatible candidate will be designated as GTEC’s merger prospect. We have, in fact, identified one such Chinese company, and we are moving forward diligently and professionally to bring such a merger to a successful conclusion. We believe that the impact on the value of GTEC, if we were successful, would be the most dramatic as any event in its short history. While unable to say more, at this time, consummation of this merger would vault the Company to sustained profitability, with brand recognition that is designed to “go global”. Remaining cautious and within the confines of required confidentiality, we can only urge our shareholders to follow new releases, as we work tirelessly to bring this transformative merger to a successful conclusion.
A man says to a veterinarian: "Can you help me? Sometimes my horse walks just fine, and sometimes he limps." Replies the vet: "No problem. When he`s walking fine, sell him." This sums up how we feel about our largest asset Chorry Technologies. Disposing of Chorry Technologies, our 80% owned subsidiary, has been recommended to our shareholders, and a vote will determine if this transaction is approved. Management holds the position that Chorry has been under performing, competes in the brutal economy of computer hardware and software, and has been a challenging subsidiary to nominally own and practically manage. Present management inherited this subsidiary, and its operation has been problematic and hardly profitable during the entire ownership period. To be crystal clear, management urges the disposition this asset to enhance the future of the Company.
We are moving forward with our plan to integrate all of our operations into an enterprise that will be a premier provider of management services, assisting Chinese companies trying to penetrate US markets, and our outlook for the year is optimistic. We are excited about our growth opportunities and look forward to translating those opportunities into increased shareowner value.
We have experienced both excellent, critical performance and dismal results during our incumbency. We realize that "you can’t eat critical performance”. But if you expect—as shareholders, employees and directors usually do—that Genesis will produce reasonably satisfactory results over time for long-term investors, then we must realistic about the timeline and challenges. As you may be aware, many Chinese public companies have “taken a beating” in the last 12 trailing months, and we are no different. Our point is that very few companies go from the Bulletin Board to Nasdaq in only three years. Admittedly, we have paid some hefty dues in building both a brand and network in China, and feel that the company is ready to make some great strides.
There is no point putting excessive gloss on a situation that has been obviously dull in the past six months. But we have said repeatedly that success in China takes years, not weeks or months, and such patience is often tested along the way. We recognize that we are being tested, and our goal is a simple one: to build a profitable Company that rewards the patience and support of our shareholders. We promise to do our best and to keep our shareholders informed, as best we can.
Sincerely,
Board of Directors
Genesis Technology Group, Inc.
http://www.genesis-technology.net/shareholders.html
28% plus
na endlich
morgen ab zur 0,08
jetzt ATEG kaufen 0,006 im ask--ziel 0,06
und noch mal grins
RT 0.46 +30%
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