FRISCHE NEWS BEI ADVC .LICK. - 500 Beiträge pro Seite

[McFlying]

Advanced Communications Acquires 62% Controlling Interest in Pacific Magtron
NEW YORK, Jan 03, 2005 /PRNewswire-FirstCall via COMTEX/ --

Advanced Communications Technologies, Inc. (OTC Bulletin Board: ADVC), a holding company with subsidiaries specializing in the repair of computers, peripherals and consumer electronics, announced that it has completed the acquisition of 62% of the outstanding stock of Pacific Magtron International Corp. (OTC Bulletin Board: PMIC), a California-based distributor and reseller of computer systems, components, peripherals and software.

Under the terms of the agreement, Advanced Communications purchased 6,454,300 shares of Pacific Magtron`s common stock from Ted Li and Hui Cynthia Lee at $0.077 per share, for a total purchase price of $500,000 payable by Advanced Communications` issuance of one-year promissory notes convertible into shares of Advanced Communications. Pacific Magtron will continue to operate as a separate company and its common stock will continue to trade on the Over-the-Counter Bulletin Board under the PMIC symbol.

Wayne Danson, Advanced Communications` president and chief financial officer, said, "During its 14 years of operation in the distribution and reselling industry, Pacific Magtron has accumulated a customer base of thousands of leading retailers, technology-based system integrators and other resellers. With the acquisition of a controlling interest in the company, Advanced Communications integrates Pacific Magtron`s customers with those of our technology repair business, Cyber-Test, in order to strengthen both companies` bases. Pacific Magtron also brings annual revenues in excess of $70 million. With this partnership, our assets have grown to $22 million with an annual top-line run rate of approximately $80 million."

Ted Li, who co-founded Pacific Magtron in 1990 and has been its CEO since 1995, has over 25 years of experience in the computer software and hardware arena and is responsible for Pacific Magtron`s operations, financial activities and technical functions. Li will remain with Pacific Magtron as chief financial officer and chief operating officer under a three-year employment agreement.

Li said, "The expanded resources that Advanced Communications brings to the table will benefit Pacific Magtron significantly. The execution of their acquisitions strategy in related industries should expand our customer base for the distribution and sales of computer systems, components, peripherals and software. The structure is a perfect fit for our company."

Hui Lee, who co-founded Pacific Magtron with Li, has over 20 years of experience in the computer manufacturer and reseller`s marketplace and is responsible for Pacific Magtron`s sales and purchasing operations. Lee remains with Pacific Magtron as executive vice president under a two-year employment contract, primarily focusing on product procurement and business development in the Asian market and the Pacific Rim.

Lee added, "This cooperative relationship is a giant step forward for Pacfic Magtron in terms of our ability to source and market not only our existing offerings, but significantly increase the breath of offerings to an expanded customer base. It will also result in a stronger team of professionals in the computer and office equipment-related industry."

Martin Nielson, president and CEO of Encompass Group Affiliates, Advanced Communications` operating subsidiary, has assumed the title of president and CEO of Pacific Magtron. Nielson said, "We are delighted to have acquired control of a company that puts us on track toward achieving our goal of becoming the go-to source for office-related technology and services. Pacific Magtron has provided over 1,800 microcomputer products to over 8,000 system integrators and resellers in the United States and abroad. The company has established a reputation of excellence as a major multimedia peripheral distributor in Silicon Valley since its inception in 1990.

"We are in the process of implementing commercial programs that take advantage of the synergies provided by owning both Cyber-Test and our controlling interest in Pacific Magtron. These new programs will incorporate the benefits of improving our sales while reducing our costs of products and services. This acquisition should benefit all parties involved, from shareholders to customers. When combined with the assets we acquired earlier in the year plus the enhancements realized recently in our balance sheet, it`s a win-win transaction."

[McFlying]

Unter den Begriffen der Übereinstimmung kauften Vorgesetzte Nachrichtentechniken 6,454,300 Anteile Pacific Magtrons üblichen Vorrates von Ted Li und Hui Cynthia Lee bei $0.077 pro Anteil, für einen totalen Kaufpreis von bezahlbarem $500,000 von der Emission der Vorgesetzten Nachrichtentechniken von ein-Jahr Promessenkabriolett in Anteile von Vorgesetzten Nachrichtentechniken. Pazifisches Magtron wird fortfahren zu funktionieren, wie eine getrennte Gesellschaft und sein üblicher Vorrat fortfahren werden, auf dem Over-the-Counter-Anschlagbrett unter dem PMIC-Symbol zu handeln.

[tdwzb]

und wie ist das nun einzuschätzen @ mcflying?

thx!

[tdwzb]

kurs PMIC 0,08$
die haben die aktien zu 0,077$ gekauft



was ist da nun so sensationell?
oder ist PMIC eine perle?


danke für eine antwort und VG
tdwzb

[Skardul]

PMIC +114% !!!

Ich hoffe wir sehen bald die 0.003 bei ADVC

Skardul

[McFlying]

Da hat ADVC ein gutes Geschäft gemacht

Ende des Monats sehen wir bei ADVC den Penny

[Eastside]

mich wirds wie gesagt freuen, ich habe noch ein paar hunderttausend Stück und bin seit eingen Tagen aus der Spekufrist raus. Aber mit einem Penny wollte ich mich hier eigentlich nicht begnügen...

Man siehe mal GTEL, die hatte ich vor knapp 1-1/12 Jah(en) gespielt...

[McFlying]

Sollten wir heute am Tageshoch schliessen, dann können wir uns morgen auf einen Dunkelgrünen Tag freuen

[McFlying]

THK 0,002


Bid 0,0019

ASk 0,0020

[McFlying]

Das gibt morgen eine tolle Party

[McFlying]

Morgen, --->>> Open gap

tdzbwz oder wie du heist.

ich hooffe mal du hast dir welche zugelegt


Ask zieht nachbörslich an auf 0,0021

[Skardul]

Hallo,

ich glaube ich habe 6M von denen.
Bei 0.0006 bin ich rein und habe bei 0.0012 nachgelegt.

@McFlying Sollte ein open gap geben aber ich glaube, dass fällt eher mäßig aus.
Nach dem Zuspruch der 8Millionen ging`s ja auch erst rauf und dann wieder runter. Der Kurs ist ja im Moment viel zu niedrig unter dieser Tatsache.
Penny wäre aber ein bischen zu viel des guten.
Ich denke dann wäre die Marktkapitalisierung viel zu hoch.
Andererseits würde ADVC dann auf dem Radar von Großinvestoren auftauchen.

Skardul

[McFlying]

Die 0,0021 sind dir schwerste Hürde.
Sollten wir diese knacken dann Gnda uns Gott

[McFlying]

SCHB 0.0019 50 CRWN 0.0021 50
CLYP 0.0018 50 HILL 0.0021 50
HILL 0.0017 50 NITE 0.0021 50
TDCM 0.0017 50 SCHB 0.0021 50
CRWN 0.0016 50 SEAB 0.0021 50
GVRC 0.0016 50 BAMM 0.0021 50
VIEW 0.0016 50 CLYP 0.0022 50
FRAN 0.0014 50 VIEW 0.0023 50
NITE 0.0014 50 DOMS 0.0024 50
DOMS 0.0013 50 HDSN 0.0024 50
JEFF 0.0013 50 TDCM 0.0025 50
SEAB 0.0013 50 GVRC 0.003 50
VFIN 0.0013 50 JEFF 0.003 50
BAMM 0.0013 50 BEST 0.003 50
HDSN 0.0011 50 INTL 0.0032 50
BEST 0.0011 50 VFIN 0.004 50
SACM 0.001 50 FRAN 0.005 50
BRGE 0.0004 50 SACM 0.011 50
INTL 0.0002 50 BRGE 2.000 5
GNET 0.000 0 GNET 0.000

[Skardul]

Hallo,

PMIC kommt auch wieder einiges runter.
Man muss wohl doch die Zahlen abwarten, damit wir einen ordentlichen Sprung sehen

Skardul

[McFlying]

Nach einer Woche Freiheitsentzug bin ich wieder da

Eben gelesen im Raging Bull

Es wird spannend




Never considering current number of O/S (2,x00,000,000)

For a capitalisation of $ 2,000,000,000 + to be justified (fundamentals), assming an optimistic multiplier of 20, the company should show a net profit of $200,000,000 onsidering current number of O/S.

IF this thing hits $0.01 within 2005, someone having bought at $0.001/share would have multiplied his SPECULATED capital by 10.

For that to be (only considering fundamentals again), a profit/share of $0.0005 and a multiplier of 20 would be required. That`s a profit of (2,000,000,000 X .0005) $ 1,000,000 over 12 months.

Still quite far from that but:

- I like what the management does
- Speculators and traders may provoke a PPS spike to 0.01 per share.

[McFlying]

Bid uns Ask zuiehen ja wieder mächtig an

0,0018 - 0,0019 Dollar

Bald sehen wir den halben penny, davon bin ich überzeugt

[McFlying]

Im Tageshoch geschlossen zu 0,0019

Sehen wir morgen vorm WE eine Rally


Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Sell
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 20% - Buy
20-Day Average Volume - 35244875

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Hold

Medium Term Indicators Average: 50% - Buy
50-Day Average Volume - 21693520

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 14912420

Overall Average: 40% - Buy

Price Support Pivot Point Resistance

0.0016 0.0014 0.0017 0.0020

[Skardul]

Na, hier ist auch im Moment nicht viel los.
Bei ADVC ist ja kaum noch Volumen und es geht auch mal wieder leicht Richtung Süden..

Bin mal auf die Zahlnen gespannt...

Skardul

[McFlying]

Bei der nächsten News, wird ADVC explodieren

Diese sollte in Kürze kommen.

Werde dann wenns über die 0,003 geht erstmal wieder aussteigen

[Skardul]

@Mc Flying

Im Moment sind ja mal wieder starke Nerven gefragt.
Könnte wieder ein Spielchen der MM sein.
Ich werde wohl auf die Zahlen warten müssen, auch wenns schwer fällt.

skardul

[McFlying]

ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On February 11, 2005, Hudson Street Investments, Inc. ("Hudson Street"), a wholly-owned subsidiary of Advanced Communications Technologies, Inc. (the "Company"), became entitled to receive a distribution of $2,625,000 from Yorkville Advisors Management, LLC ("Yorkville") in exchange for all of Hudson Street`s Preferential Rights Membership Interest in Yorkville, pursuant to the terms of Yorkville`s Limited Liability Company Agreement, as amended. Accordingly, upon its receipt of the distribution, Hudson Street will no longer have any ownership interest in Yorkville. Hudson Street`s receipt of the Preferential Rights Membership Interest was precipitated by the Managing Member of Yorkville announcing that Yorkville will begin winding up its affairs and is expected to dissolve later this year due to recently adopted rules and rule amendments by the Securities and Exchange Commission.

Hudson Street`s ownership interest in Yorkville was originally a minority Common Membership Interest. Pursuant to the terms of a Second Amendment to the Limited Liability Company Agreement of Yorkville entered into on January 31, 2005 among Yorkville, the Company and the other equity owners of Yorkville, the Company`s minority Common Membership Interest was reconstituted as Preferential Rights Interest. As a result, Hudson Street became entitled to receive dividends and other distributions out of Yorkville`s available assets in an amount up to the purchase price paid by Hudson Street for its original Common Membership Interest. The $2,625,000 preferential distribution to be received by Hudson Street represents the entire purchase price paid by Hudson Street for its original Common Membership Interest. The Company`s and Hudson Street`s sole relationship with Yorkville is Hudson Street`s ownership of the Preferential Rights Interest in Yorkville.

In connection with the above arrangements, the Company entered into a Letter Agreement, dated February 11, 2005, with Cornell Capital Partners, L.P. ("Cornell Capital"), whereby Cornell Capital agreed to extend and set the maturity date of a past-due non-interest bearing Promissory Note, in the original principal amount of $3,000,000, issued by the Company to Cornell Capital on January 23, 2004 (the "Note"). In accordance with the terms of the Letter Agreement, the new maturity date of the Note is June 30, 2005.

As consideration for Cornell Capital`s agreement to extend the maturity of the Note, the Company is required to pay an extension fee of $90,000 and a structuring fee of $10,000 to Cornell Capital (together, the "Fees"). In addition, effective as of February 10, 2005, the Note bears interest at the rate of ten percent (10%) per annum on the remaining principal amount outstanding. The Company also agreed to use $1,825,000 of the distribution proceeds to be received by Hudson Street to pay the Fees and repay $1,725,000 of the remaining $2,000,000 of principal outstanding under the Note. The Letter Agreement authorizes Yorkville to deduct from the distribution proceeds the amounts payable by the Company to Cornell Capital and remit such amounts directly to Cornell Capital. To further evidence the Company`s payment of $1,725,000 under the Note and Cornell Capital`s right to receive $1,825,000 of the $2,625,000 preferential distribution directly from Yorkville, the Company and Cornell Capital entered into an Assignment Agreement on February 14, 2005, whereby the Company assigned all of its right title and interest in and to the $1,825,000 to Cornell Capital.

The Letter Agreement also contemplates that Cornell Capital will convert $77,500 of outstanding principal of, plus $38,588 of accrued interest on, a 10% Secured Convertible Debenture, dated November 22, 2002 (the "Debenture"), into 116,088,000 shares of the Company`s common stock. As of the date hereof, Cornell Capital has not exercised such conversion right; however, upon conversion, the Company`s payment obligations under the Debenture will be satisfied in full.

The Company has the right to request monthly draw downs of up to $2,000,000 under a $30,000,000 Equity Line of Credit with Cornell Capital, of which approximately $1,800,000 has been drawn down by the Company to date. As the Company draws down on its Equity Line of Credit and because of periodic conversions of convertible instruments of the Company owned by Cornell Capital, Cornell Capital owns various amounts of shares of the Company`s common stock from time to time and currently owns less than five percent (5% percent) of the Company`s outstanding common stock. In addition, Cornell Capital owns 4,200 shares of the Company`s Series A Convertible Preferred Stock. Yorkville is the investment manager of Cornell Capital.