SOFTNET Techn. (STTC.NAP) dreht gegen N
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mein tipp: stroooooooong buy
Source: StockGuru.com; SoftNet Technology
StockGuru.com Interview with James Farinella of SoftNet Technology
Friday October 1, 9:34 am ET
DALLAS, Oct. 1, 2004 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has released a new interview with James Farinella, the President and CEO of SoftNet Technology (OTC BB:STTC.OB - News). In the interview, Mr. Farinella discusses the company, their subsidiaries and revenue estimates. Farinella speaks of revenue estimates for the remainder of 2004 and 2005.
In the interview, Mr. Farinella states in regards to the recent acquisition of WholesaleByUs, LLC, ``I found there is just an unbelievable amount of value in the new company we acquired, WholesaleByUs. That company is expected to between now and December to grow its revenues by over 500%, from $30,000 a month to $150,000 a month.''
To listen to the interview, interested parties should visit: http://www.stockguru.com
About StockGuru.com and TalkingStocks.com
StockGuru.com and TalkingStocks.com offer interviews with key executives from publicly traded companies. TalkingStocks.com is owned by TalkingStocks.com LLC and is affiliated with StockGuru.com, one of the nation's top Internet destinations for small cap stock information. Our services include executive interviews, company profiles, investor calls and our ``Ask The CEO'' show. To feature your company, please call John Pentony, our Publisher at (972) 731-8621 or email publisher@stockguru.com.
Disclosure: Pentony Enterprises LLC and TalkingStocks.com LLC expects to be compensated a total of $24,000 for our profile campaign by a non-controlling third party investor. Half will be in cash and half will be in stock.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (OTC BB:STTC.OB - News) may differ materially from these statement due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Schade eigentlich, nun schwimmen Sie ja mit in dem Haifischbecken der Softwarefirmen.
Was ist der Grund für den Anstieg?
smoky
ist eigentlich schön stetig am steigen
Source: Softnet Technology, Corp.
SoftNet Technology Finalizes Acquisition Of WholesaleByUs, LLC
Friday September 24, 9:00 am ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--Sept. 24, 2004--SoftNet Technology (OTCBB:STTC - News) announced today that SoftNet Technology and WholesaleByUs, LLC (WBU) has entered into a final binding agreement to complete the acquisition of WBU. An audit of WBU is being completed and a final payment of $37,000USD will be paid upon the completion of the audit.
However, a complete review and due diligence of WBU has been completed making the audit of the new subsidiary just a formality as required by law. WBU is a technology driven company that developed proprietary technology to sell products through the Internet.
In the short existence of one year, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level - Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales can be tracked immediately to allow for the quickest shipping time possible.
WBU has been able to achieve and maintain a 99.5% satisfaction feedback rate or higher on EBay. The shopping cart created by WBU has integrated a back end system to process orders, inventory, Purchase ordering system, sales tracking and an email system. WBU has been able to provide vendor integration into the equation to create a more efficient process.
WBU's President estimates sales to reach over $150,000 USD per month by the end of 2004. Additionally, he sees sales reaching $500,000 a month in 2005 in the USA alone. However, immediate expansion to Countries in Europe and other lucrative markets is in the process of being setup and sales through these new web portals is expected to occur in the near future. Please visit www.wholesalebyus.com to get a better feel for the company. Additionally, STTC will update it's website with all of the exciting and interesting things happening.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statement due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
STTC Subsidiary, WBU, October Sales Increase More Than 100% With Profitability Increasing More Than 300% -- CEO Continues Purchasing Shares
Tuesday October 26, 10:00 am ET
BERNARDSVILLE, N.J., Oct. 26, 2004 (PRIMEZONE) -- SoftNet Technology (OTC BB:STTC.OB - News) (German WKN#: A0B7RZ) announced today that wholly-owned subsidiary, WholesaleByUs, LLC (WBU) is on pace with only 5 days left in October to show more than a 100% increase in monthly sales from September to October and increase profitability more than 300%. Additionally, SoftNet Technology's CEO, who vowed to purchase up to 1,000,000 shares of STTC, just this week purchased additional shares as high as 10.6 cents, to bring his total investment in the Company to 902,000 shares.
November sales are expected to reach more than $100,000 due to the daily increases in sales already experienced by WBU's expansion to Amazon.com and expansion to portals not yet online. This outpaces previous sales projections by as much as 20%. Additionally, it seems to be a forgone conclusion that WBU will not only meet, but also far exceed original projections of $150,000 in sales in December of this year.
Expanding beyond eBay.com to Amazon.com has brought the Company to a point where sales are have begun to outpace fixed costs. This is leading to the increase in profitability for WBU. As the Holiday season approaches, profitability will increase even further. Atypical to post holiday sales, SoftNet Technology expects sales to remain strong for the company into the New Year due to expansion of the WBU system to the European Community in January.
SoftNet Technology also announces today the CEO continued his climb to purchase 1,000,000 STTC shares in the open market. This week, the CEO purchased shares as high as 10.6 cents. This brings the total purchases by the CEO/President to 902,000 shares of STTC acquired in the open market. Form 4's have been and will be filed as required with the SEC as the CEO/President purchases STTC shares and these filings can be viewed by going to the Company's website, http://www.softnettechnology.com. Then click on the link for SEC Filings.
Please visit our website at http://www.softnettechnology.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911), James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp. (STTC) may differ materially from these statement due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Source: SoftNet Technology Corp.
SoftNet Technology's CEO/President Completes Purchases of More Than 1,000,000 Shares of STTC in The Open Market
Monday November 8, 10:00 am ET
BERNARDSVILLE, N.J., Nov. 8, 2004 (PRIMEZONE) -- SoftNet Technology (OTC BB:STTC.OB - News) (German WKN#:A0B7RZ) announced today that the President and CEO has now purchased more than 1,000,000 shares of STTC in the open market since August 18, 2004. The CEO followed through on his previous announced intentions to purchase more than the 1 million shares but he claims to be so excited about the new developments that he may continue to purchase even more shares.
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Wholesalebyus, LLC (WBU) continues to surpass previous forecasts in sales. It is expected that additional product lines will be added to the mix, which should even further increase projections to levels that were not even contemplated just one month ago. It appears that management may increase sales projections for November by as much as 35 percent. New increases in December projections are not yet able to be set, but it is expected that a substantial increase will be made.
With expansion to the European community expected shortly, sales in the New Year are expected to continue to be explosive through 2005 and even into 2006. Additionally, there seems to be very exciting things brewing with STTC's other wholly owned subsidiary, Solutions Technology and its product, the SecureTime Biometric ID System. Solutions Technology has recently increased staff and has begun to expand marketing for the product. Early indications are very positive. Sales from this technology subsidiary should begin to contribute to the overall company in the near future.
``I imagined special things for SoftNet Technology back in August when we acquired Wholesalebyus,'' said Mr. James M. Farinella, CEO/President of SoftNet Technology. ``I am just so excited to see this company coming together and developing at a pace quicker and more robust than I first thought possible. What we are experiencing is the true definition of explosive growth.''
STTC Dramatically Increases Sales Projections -- Record November, December And 4th Quarter Revenue To Be Posted
Tuesday November 9, 8:34 am ET
BERNARDSVILLE, N.J., Nov. 9, 2004 (PRIMEZONE) -- SoftNet Technology (OTC BB:STTC.OB - News) (German WKN#: A0B7RZ) announced today that WholesaleByUs, LLC (WBU) again increased sales projections. The Company recently projected sales at $75,000 for November. These projections have now been increased approximately 46% to $110,000. SoftNet Technology Corp is now expected to generate more revenue in the 4th quarter of this year than the Company has ever generated in a single year.
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Last week, WBU reconstructed some of the software and technology used in placing other companies' products on Amazon.com and EBay.com. By revamping the pricing and categorizing features of the technology, WBU dramatically increased sales. If sales just hold constant through the month, WBU will easily meet the new target of $110,000. However, it is expected that sales should increase as the month progresses. If daily sales do increase as expected, then another upward revision will be made.
It is also possible that November sales could reach the initial projections STTC had set for December of $150,000. With this current increase in sales estimates, SoftNet Technology will shortly announce an increase in December projections. Based on this first increase in sales estimates, it is now expected that STTC will generate more than $350,000 in revenue for the 4th quarter of this year.
WBU is also looking to increase the product offering on the current portals of Amazon.com and EBay.com. If this occurs, then sales estimates may also be increased as well. Additionally, expansion to a third portal is also a possibility this month. Again, if this occurs, then it should also lead to an increase in estimates. STTC management has easily handled this meteoric growth to date and will continue to keep a focus on proper management of the sales increases so as to maximize revenue going into and through 2005.
Please visit our website at http://www.softnettechnology.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statement due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
SoftNet Technology Corp Increases December Sales Projections By 50%
Wednesday November 10, 10:00 am ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--Nov. 10, 2004--SoftNet Technology (OTCBB Symbol: STTC - News; German WKN#: A0B7RZ) announced today that WholesaleByUs, LLC (WBU) again increased sales projections. The Company recently projected sales at $150,000 for December. These projections have now been increased by 50% to $225,000.
Due to a continued increase in daily sales, STTC has preliminarily set the new sales target for December. However, Increases in product offering and the number of portals that the products will be posted on is also expected to increase. If and when these events do occur, then further upward revisions will be made. It is even possible that November sales will reach the $150,000 originally projected for December.
Typically, Sales in December will double sales generated in November. This increase is a normal occurrence for the Holiday Season. Although, WBU could see a much larger increase in December due to the further expansion of the business with more products and increased exposure through additional portals. Additionally, STTC is increasing 4th quarter sales projections from $350,000 (just announced yesterday) to $400,000. This would represent more than a 500% increase over 3rd quarter sales.
"I am very pleased to see the development of the Company's fundamentals," said Mr. James M. Farinella, CEO/President of SoftNet Technology. "I knew these type of sales increases were possible. But, to see it actually materialize is something special."
Please visit our website at www.softnettechnology.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statement due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
das gibt ein geiles weekend ;-))
bei fallen den kursen gehe ich wieder rein
BERNARDSVILLE, N.J.
SoftNet Technology
James M. Farinella, 866-898-4842/908-204-9911
www.softnettechnology.com
SoftNet Technology (OTCBB Symbol:STTC) is pleased to announce today that WholesaleByUs, LLC (WBU) has increased daily sales enough for the Company to increase projected sales for December 100% from $150,000 to $300,000. 4th quarter projections are also being increased from $250,000 to approximately $500,000.
The Company originally projected sales at $75,000 for November and then just about one week ago increased them for a second time to $150,000. Based on past performance, sales in December are expected to approximately double November sales. However, STTC management wanted to wait at least a few days after increasing the November figures to see if sales held form before committing to an increase for December to $300,000.
Based on this second increase in sales estimates, it is now expected that STTC will generate approximately $500,000 in revenue for the 4th quarter of this year. This is approximately a 100% increase from original estimates. This increase will also represent almost a 700% increase over revenue of approximately $71,000 generated in the 3rd quarter of 2004.
Third quarter sales were slightly lower than expected due to the move to a new facility in Phoenix, Arizona in September of this year. However, this move has enabled WBU to outperform all original sales estimates here in the 4th quarter. STTC management is in the process of adjusting original projections of $3,000,000 for the 2005 fiscal year upwards. STTC will provide revised expectations for 2005 once these new estimates can be generated from the continued flow of revenue data.
SoftNet Technology is also in the process of putting in place new procedures that should enable for a much quicker filing of the year-end 10K. The Company will attempt to have the 10K filed by the end of January. STTC Management wants the financial information given to the market as quickly as possible due to the large increase in operating revenue experienced in the fourth quarter. These quicker filings are expected to be the norm for STTC going forward.
Please visit our website at www.softnettechnology.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statement due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.