Wall Street News Alert: Aggressive Stock Traders Alert! May 9, 2006
11 May 2006
Wall Street News Alert's "stocks to watch" thismorning are: Greater QuadTech International, Inc. (OTC BB: QTII), GoldenWest Financial Corporation (NYSE: GDW), JPMorgan Chase & Co. (NYSE: JPM), &NYSE Group, Inc. (NYSE: NYX).
QuadTech International, Inc. (OTC BB: QTII) may be a target of aggressiveinvestors and day traders this morning! Yesterday iPackets International,Inc., a global developer and provider of a wide range of wireless andcommunications solutions for selected enterprises including the mine-safetyindustry, issued a press release announcing that it has signed an exclusivethree-year worldwide sales and marketing agreement with QuadTechInternational, Inc. whereby QuadTech will serve as the exclusive globalreseller of iPackets' pioneering mine-safety product, iPMine. The agreementis automatically renewable for an additional three years.
News of the exclusive three-year worldwide sales and marketing agreementshould get the attention of investors! Under the terms of the agreement,QuadTech will pay iPackets $9 million in non-refundable installmentsagainst future system deliveries to acquire the rights to all proceedsgenerated from the sale of iPMine products, licenses, and services ("iPMineSystems") for the next three years. QuadTech also will pay iPackets aone-time US$1 million non-refundable payment for the exclusivity rights,subject to the achievement of specific milestones. For the first 24 monthsof the agreement, QuadTech has the first right of refusal to acquire either100% of iPackets' issued and outstanding shares, or 100% of the iPMineintellectual property. The purchase price will be mutually agreed upon atthe time of the acquisition.
Investors should continue watch QuadTech International! iPackets agrees tosell the iPMine Systems to QuadTech at OEM prices. In addition, theiPackets management team has signed a three-year consulting agreement withQuadTech and will direct the day-to-day sales and marketing, and aftersales functions as well as the worldwide promotion of iPMine Systems.
QuadTech will honor all of iPackets' current and in-progress distributionagreements, and iPackets will remain the sole owner of the iPMineintellectual property. iPackets also will continue to be responsible forproduct manufacturing, research and development, customer support, andsystem installation and deployment.
Wall Street News Alert is placing Aggressive Investors on alert to monitorthe progress of QuadTech International! "This agreement offers iPacketsgreater leverage to grow the company organically and secure the fundingrequired through sales without further dilution to iPackets' shareholders,"said Naiel Kanno, president and CEO of iPackets.
"QuadTech continually seeks to expand into emerging technologies as part ofour core business focus. We are very excited about this agreement and aboutthe potential for iPMine technology in the international mining space,"added John Meier, president and CEO of QuadTech.
The stock closed yesterday at One Dollar Twenty Five Cents a share.
For an in-depth profile of QuadTech International, visithttp://www.thenewssvc.com/QTII050806.html
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In case you are not familiar with the companies: QuadTech International isa global venture and provider of leading-edge technologies and solutions.QuadTech develops partnerships and/or acquires control in small-medium highgrowth businesses. QuadTech's management goal is to offer its shareholdersan exceptional value through investments in a diversified portfolio ofproducts serving multiple markets and industries.
iPMine, iPackets' flagship product targeting the mine-safety industry, is areal-time 2-way wireless communications solution to track, monitor, andcommunicate with miners and equipment underground and above ground. Thelocation information of miners and equipment is collected and displayedlive on one or more viewing monitoring stations against a background of amine's terrain map. iPMine's scalability and flexibility features make itideal to be deployed in any mine size supporting multiple levels and/orsites. iPMine's redundant communications feature makes the system highlyreliable to efficiently operate in the harsh mining environment.
iPackets International is a global developer and provider of a wide rangeof wireless and communications solutions for selected enterprises includingmine-safety. iPackets' solutions utilize a breakthrough wireless technologyto manage data packets, reliably and efficiently, over any wireless networkand virtually on any wireless device.
Golden West Financial Corporation (NYSE: GDW) up 6.2% on 22.5 millionshares traded. Golden West is one of the nation's largest financialinstitutions.
JPMorgan Chase & Co. (NYSE: JPM) down 1.1% on 10.2 million shares traded.
JPMorgan Chase & Co. is one of the leading global financial services firms.
NYSE Group, Inc. (NYSE: NYX) up 5.6% on 7.2 million shares traded.
NYSE Group is a leading provider of securities listing, trading and marketdata products and services.
Commentary:
"Most economists agree that the Fed will most likely raise rates for the16th time in a row, from 4.75% to 5.0% this week. If you look at lastweeks economic activity and results you will see that this is a nobrainer: first quarter GDP at 4.8%; consumer confidence still strong;durable goods still rising and strong; CPI gains up for April; PPI gooddespite high gas prices. Really, the only thing lagging is working-classsalaries and savings, the CEO's are at another record breaking year,"stated Sonja Rudd in Wall Street News Alert's daily commentary continuedat: http://www.WallStreetNewsAlert.com.
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Wall Street News Alert is a division of Wall Street Capital Funding LLC(WSCF). WSCF is not a registered broker/dealer and may not sell, offer tosell or offer to buy any security. WSCF profiles are not a solicitation orrecommendation to buy, sell or hold securities. An offer to buy or sell canbe made only with accompanying disclosure documents from the companyoffering or selling securities and only in the states and provinces forwhich they are approved. The material in this release is intended to bestrictly informational. The companies that are discussed in this releasehave not approved the statements made in this release nor approved thetiming of this release. All statements and expressions are the soleopinion of WSCF and are subject to change without notice. Information inthis release is derived from a variety of sources including that company'spublicly disseminated information, third parties and WSCF research. Theaccuracy or completeness of the information is not warranted and is only asreliable as the sources from which it was obtained. WSCF disclaims any andall liability as to the completeness or accuracy of the informationcontained and any omissions of material fact in this release. The releasemay contain technical inaccuracies or typographical errors. It is stronglyrecommended that any purchase or sale decision be discussed with afinancial adviser, or a broker-dealer, or a member of any financialregulatory bodies. Investment in the securities of the companies discussedin this release is highly speculative and carries a high degree of risk.WSCF is not liable for any investment decisions by its readers orsubscribers. Investors are cautioned that they may lose all or a portion oftheir investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has beencompensated for dissemination of company information on behalf of one ormore of the companies mentioned in this release. WSCF has been compensatedFourteen Thousand Dollars for Current coverage of QuadTech International,Inc. (OTC BB: QTII), by a third party (Equity Alliance International LLC),who is non-affiliated and may hold a significant position in the stock, forservices provided including dissemination of company information in thisrelease. WSCF holds no shares of the stock. WSCF may receive additionalcompensation for extension of its services. Any additional compensationwill be disclosed at such time that WSCF is aware of a client's desire toextend the original services. WSCF may have received shares of a companyprofiled in this release prior to the dissemination of the information inthis release. WSCF may immediately sell some or any shares in a profiledcompany held by WSCF and may have previously sold shares in a profiledcompany held by WSCF. WSCF's services for a company may cause the company'sstock price to increase, in which event WSCF would make a profit when itsells its stock in a company. In addition, WSCF's selling of a company'sstock may have a negative effect on the market price of the stock. Marketcommentary provided by Mario Cardenas.
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