Subject: Info on SHPS
AccessTel, a CLEC ( Competitive Local Exchange Carrier ), and Wireless company, is RM-ing into SHPS. The inside DD is here:
imcadvisors.com
SHPS is said to be about a week away from starting the PR's making known publicly known Dr. Lee's relationship with them, who's considered the "Father of Wireless", and their alliance with Qualcomm going into China, and their funding/board of directors, name/cusip change. Look at Lee (who will be heading up their 3G research activities) background:
digevent.com
iis.sinica.edu.tw iis.sinica.edu.tw
8-K is supposed to be out soon, with current share count--I hear less than 5M after the cancellation of previous shares, almost all in long term holders hands... then the RM details, and closing of the deal, I hear less than 20M O/S (15M Restricted),after equity placements (at $2.50), and management's shares--Lee is said to have 1.4M
Here's the PR on the RM:
ragingbull.altavista.com
Here's a post about their revenue stream:
ragingbull.altavista.com
This is a comparable stock with AccessTel, with 20M O/S, and under 10M annual revenue:
finance.yahoo.com
Anyway, I wouldn't pinch pennies if you want to get in.... Mid Term here looks double digits |
