EDGH.OB - ein Schnäppchen zu 1,7 Cent - 500 Beiträge pro Seite

[AcrossAsia]

Hallo,

schaut Euch mal Edgetech Services an. Ist allerdings nur in den USA handelbar.

EDGH.OB
WKN: 164274
ISIN: US28027N1090
70,3 Mio shares outstanding per 01.12.05

Der Titel wird an der OTC gehandelt. Ihr wißt, daß dies ein Totalverlust bedeuten kann. In diesem Fall ist es allerdings unwahrscheinlich. Die Company hat kürzlich das dritte Quartal hintereinander Gewinne erwirtschaftet.

Das beste daran ist, daß die Aktie total unterbewertet ist. Seitdem die Company im letzten November die Internet Suchmaschine "Web´s Biggest" übernommen hat, werden schwarze Zahlen geschrieben.

Hier dürfte es bald gewaltig gen Norden gehen....

[AcrossAsia]

Muß mich korrigieren: "Web´s Biggest" wurde bereits im Juni 2005 übernommen.

[AcrossAsia]

Press Release Source: EdgeTech Services, Inc.

Edgetech Seeks Internet Acquisitions
Thursday January 26, 4:27 pm ET


SANTA MONICA, CA--(MARKET WIRE)--Jan 26, 2006 -- Since the merger with Web's Biggest, Inc. was completed in June 2005, management at Edgetech Services, Inc. (OTC BB:EDGH.OB - News) has been restructuring the IT business that existed prior to the merger. During this time, management has been developing a strategy for the co-existence of the search business and the IT business and has ultimately determined that there may be more future value created for shareholders if the Company pursued a strategy that is focused on Internet as opposed to IT.
As a result, the Company has determined that an acquisition strategy for Edgetech is the best way to create shareholder value. Management believes that an acquisition of a highly automated and scaleable Internet business will allow Edgetech to take advantage of the current popularity of search engines and Internet business in general.

In accordance with this acquisition strategy, Edgetech has looked at and is currently evaluating various acquisition candidates. These companies target various segments of the Internet industry; however, management believes that they will mesh well with Edgetech's existing businesses and provide a good return to shareholders.

Management does not know when an acquisition could be completed.

About Edgetech

EdgeTech's primary business units are Internet Search (www.websbiggest.com) and IT Consulting.

Web's Biggest is the world's largest "wiki" based search engine. Its Editors Choice directory is localized for 230 countries in 70 different languages. Web's Biggest has licensed the entire Whois database of more than 40 million domain names, enabling them to search almost every website in the world. Other search engines rely on hyperlinks and manual submissions to find websites. In a recent study done by the company, other search engines missed a third to more than half the websites in Web's Biggest search results.

The IT Consulting business provides services in the following areas: IT Security, Biometrics, Business Solutions, Systems Engineering, Software Development and Project management. EdgeTech is a Business Partner to Microsoft, IBM, Symantec, Counterpane and many others.

This press release includes forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Inherent risks and uncertainties could cause actual results to differ materially from the forward-looking statements. Such risks and uncertainties are described in the periodic reports the Company files with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Distributed by Filing Services Canada and retransmitted by Market Wire



Contact:
Contact:
Press Contact:
Adam Radly
Phone [phone]



--------------------------------------------------------------------------------
Source: EdgeTech Services, Inc.

[pagitz01]

vergisss es da war ich schon investiert zu 25 cent kurz darauf ging es auf fast 1 usd......

da wird gar nix gehen fertig

[AcrossAsia]

Das Geschäftsjahr endet zum 30.04.

Die Gewinnentwicklung der letzten 3 Quartale war wie folgt:

31. Juli 2005: $ 376.000
31. Oktober 2005: $ 284.000
31. Januar 2006: $ 185.000

[AcrossAsia]

@pagitz01:

Wäre doch schön, wenn sie auf 25 cent steigen würde. Bitte vergiß nicht, daß Edgetech seit seiner Gründung in 1995 erstmals zum 31.07.05 Gewinne erwirtschaftet hat. Zu jenem Zeitpunkt kostete die Aktie nur noch weniger als 5 US Cent. Die Lage hat sich seither dramatisch verbessert.

[AcrossAsia]

RESULTS OF OPERATIONS FOR THE THREE MONTH PERIOD ENDED JULY 31, 2006


Net revenues decreased from $$674,275 in the three-month period ending July 31, 2005 to $620,795 for the three-month period ending July 31, 2006. This decline is due primarily to the loss of the revenue that had been generated from the Edgetech IT hardware reseller business. However, the Company closed down the IT hardware reseller business in September 2005 due to its persistent losses.


Selling, general and administrative expenses were reduced from $224,787 for the three months ending July 31, 2005 to $135,163 for the same period in 2006 due to the cost reduction program implemented after the merger between Edgetech and Web’s Biggest. Total expenses decreased from $225,455 for the three months ending July 31, 2005 to $169,427 for the same period in 2006. Many of the reductions in expenses resulted from the closure of our Toronto office in September 2005. The Toronto office housed our IT hardware reseller business. All employees at the Toronto office were terminated at this time. We decide to close the Toronto office due to a persistent lack of profitability. The Company is negotiating settlements with various creditors of the closed IT hardware reseller business.


Net income decreased from $449,783 for the three months ending July 31, 2005 to $346,734 for the same period in 2006. The decrease in profit is due to the additional expenses involved in managing Edgetech that did not exist prior to the merger with Web’s Biggest.

Overall, Management is pleased with the Company’s results since the Web’s Biggest merger. Management has closed and restructured certain business units that were generating losses and terminated the Company’s previous management. Since the merger, the Company’s new management has reported five consecutive quarters of profitability.