Yes, Floyd, Summus has shot up from 2 to 14 on very high volume, and Summus was the employer of William Dunavant before he moved to NCDR.
I wish I could find the shares outstanding for HSNS. Unfortunately, they are not reporting.
Here's the news release one year ago by NCDR's predecessor, Corsaire:
November 23, 1998, Monday
SECTION: Financial News
DISTRIBUTION: TO BUSINESS EDITOR
LENGTH: 166 words
HEADLINE: Corsaire, Inc. Names New President
DATELINE: SAN DIEGO, Calif., Nov. 23
BODY:
Corsaire, Inc. (OTC Bulletin Board: SNBD) announced the appointment of
William R. Dunavant as president and CEO of the publicly traded high
technology company. He will be replacing Rene Hamouth, the previous president,
CEO and sole director. The company will also move its headquarters from San
Diego, California to Ft. Lauderdale, Florida.
Prior to joining Corsaire, Dunavant was president and CEO of
Ft. Lauderdale-based Summus Technologies, Inc. William Dunavant also
received INC. magazine's prestigious Entrepreneur of the Year award in 1995.
Corsaire, Inc. plans to introduce streaming video and video e-mail to
the desktop and set-top box markets using wavelet and MPEG 4 technologies,
over standard phone lines. Both video products achieve a viewable image size
of 320 x 240 pixels at 15 frames per second over a 28.8 connection.
The company hopes to complete the move by December 15 when it will ramp up to
full operation.
SOURCE Corsaire, Inc.
CONTACT: Don Silver, Boardroom Communications, 954-321-6334 or
e-mail, donsil@boardroompr.com, for Corsaire, Inc. |
