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Post by LoveToFly on Apr 27, 2006 9:35:52 GMT -5
I've had this stock for a while now. It used to be PRRM, and changed to SMMW. They seem to be trying hard to make it. Here is today PR. Summus Works, Inc. Statement on Audit, Dual Quotation, $1.27 Million Winter Sports Revenues and Confirmation of No Reverse Split April 27, 2006 09:05:01 (ET) DENVER, Apr 27, 2006 (BUSINESS WIRE) -- Following statements earlier this week, Summus Works, Inc. (Pink Sheets: SMMW) management reiterated that a reverse split is not in the Company's plan. Management had announced that it ordered an audit of the Company's financials, and will request to have the Company listed on the OTC Bulletin Board, and/or the OTCQX "PrimeQX," Pinksheets' recently unveiled new quotation, listing and disclosure service that "help(s) serious issuers stand out from the almost 5,000 OTC securities electronically traded on the Pink Sheets," according to www.otcqx.com. The audit is integral to the application process, Company transparency, and ultimately visibility as the company moves up to become fully reporting. Accordingly, the Company announced yesterday that its winter sports wholesale division alone reported revenues of $1,276,390.00 for the year ending December 31, 2005, and management stressed the Company's intention to increase disclosure. Summus Works, Inc. (Pink Sheets: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com. his release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve 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 and 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. SOURCE: Summus Works, Inc. Summus Works, Inc. Dan Burgess, 888-607-9495 summus@summusworks.com www.summusworks.com Copyright Business Wire 2006 |
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Post by barefoot on Apr 27, 2006 10:55:27 GMT -5
Hello Lovetofly, been in this one awhile myself and have had a partial sell order in at .0002 for a long time. Although its been at that level many times it never sells. I am unable to find a o/s count but I think its a whopping 80 billion, used to be 100 bil. but Dan supposidly bought back 20 bil. and disposed of them. We need to lose another 70 bil. IMO. Don't think it will ever fly, but love to. Hope I'm wrong. Good luck
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Post by LoveToFly on May 1, 2006 11:33:22 GMT -5
Summus Works, Inc. Announces Technology Partnership May 01, 2006 12:09:01 (ET) DENVER, May 01, 2006 (BUSINESS WIRE) -- Summus Works, Inc. (Pink Sheets:SMMW) announced the Company has partnered with Real Digital Media for technology to initiate its V VV satellite affiliate program. Real Digital Media is a leading provider of next generation digital signage technology products and integrated services for establishing point of purchase marketing, promotions and corporate communication networks. Their NEOCAST(R) products were selected due to their ease of use and a strong price to performance ratio. "We are very pleased with Summus Works' selection of our NEOCAST(R) solution to achieve their network expansion goals," said Ken Goldberg, Chief Executive Officer at Real Digital Media. "This partnership is a result of outside the box thinking on their part to apply NEOCAST to a traditional broadcasting environment, and a testament to the flexibility of our narrowcasting architecture. We look forward to continued growth, and helping Summus Works achieve their business goals going forward." The acquired technology will drastically facilitate the rapid expansion of the Company's cable broadcast subscriber base while enabling its cable affiliates to independently reach satellite locations beyond the immediate cable system in targeted, high traffic destinations. Summus Works, Inc. (Pink Sheets:SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com. For more information about Real Digital Media, visit www.realdigitalmedia.com. his release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve 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 and 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. SOURCE: Summus Works, Inc. Summus Works, Inc. Dan Burgess, 888-607-9495 summus@summusworks.com www.summusworks.com Copyright Business Wire 2006
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Post by LoveToFly on May 2, 2006 8:37:02 GMT -5
Summus Works, Inc: Technology Expected to Increase Revenue By $700,000.00 May 02, 2006 08:55:01 (ET) DENVER, May 02, 2006 (BUSINESS WIRE) -- Summus Works, Inc. (Pink Sheets:SMMW) announced that its implementation of Real Digital Media's NEOCAST(R) systems is forecast to increase revenue by more than $700,000.00. The principal technology used to expedite the Company's VVV satellite affiliate program will enable the remote access to satellite affiliate locations from the Company's local origination hubs. "This technology is streamlining our systems efficiency and enhancing our network communication across our expanding sub base," said Summus Works' Business & Technology Director Nate Pickens. Real Digital Media is a leading provider of next generation digital signage technology products. Summus Works, Inc. (Pink Sheets:SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com. For more information about Real Digital Media, visit www.realdigitalmedia.com. his release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve 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 and 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. SOURCE: Summus Works, Inc. Summus Works, Inc. Dan Burgess, 888-607-9495 summus@summusworks.com www.summusworks.com Copyright Business Wire 2006
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Post by LoveToFly on May 3, 2006 13:35:03 GMT -5
Summus Works, Inc. Retains Bagell, Josephs, Levine & Company LLC to Perform Audit May 03, 2006 14:19:01 (ET) DENVER, May 03, 2006 (BUSINESS WIRE) -- Summus Works, Inc. (Pink Sheets:SMMW) announced it retained Bagell, Josephs, Levine & Company LLC to perform the Company's audit. Company management said it had ordered the audit as the first step towards its request to have the Company listed on the OTC Bulletin Board, and/or the OTCQX "PrimeQX." The latter exchange is Pink Sheets' recently unveiled new quotation, listing and disclosure service that "help(s) serious issuers stand out from the almost 5,000 OTC securities electronically traded on the Pink Sheets," according to www.otcqx.com. The audit is integral to the application process, Company transparency, and ultimately visibility as the Company moves up. Bagell, Josephs and Levine was named in Bowman's Accounting Report as "one of the 4 fastest growing of America's Top Auditors" and ranked 70th among America's Top Auditors. The company's website is www.bjlcpas.com. Summus Works, Inc. (Pink Sheets:SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com. his release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve 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 and 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. SOURCE: Summus Works, Inc. Summus Works, Inc. Dan Burgess, 888-607-9495 summus@summusworks.com www.summusworks.com Copyright Business Wire 2006
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