What's shake'n kids?<g>..Anyone going to speak to management in the near future? Would love to know what we can look forward to in the next month or so.How earnings are looking.what exactly is producing our revenue stream currently..
"April 28 /PRNewswire/ -- U.S. Technologies Inc. (OTC Bulletin Board: USXX - news; the ''Company'') announced today that it has opened its most recent industry work program in a detention facility managed by Wackenhut Corrections Corporation (NYSE:WHC -news; NYSE: WCC - news), known as the Golden State Medium Community Correctional Facility, and located in McFarland, California. The Company, through the Joint Venture Program of the California Department of Corrections, will be operating a non-garment, cut-and-sew business, producing, among other things, laundry bags, pillow cases and mattress covers. Operations will begin in existing facilities, while awaiting completion of a new 10,000 sq. foot manufacturing facility, which is being built for the Company by Wackenhut. Upon completion of the new facility, it is
expected that the Company will employ approximately 80 inmates, as well as 4 supervisors.
How are things going in Calf.? When will the new facilities be ready to move into?
"Kenneth H. Smith, President and CEO of the Company, stated that ''the opening of our Utah facility will keep the Company on our 1998 expansion and growth targets, which call for Company operations in seven different locations by the end of 1998, with a diversified industry and customer base. Our opening of the Utah facility is anticipated on July 1, 1998.''
Are we on scheduled to open July 1? Will we be operating in 7 locations by year end 1998,operative word being operating?
"MARIETTA, Ga., May 21 /PRNewswire/ -- U.S. Technologies Inc. (OTC-Bulletin Board: USXX) (the ''Company'') today announced that it has entered into a Letter of Intent with U.S. Viewing Corporation, whereby U.S. Viewing Corporation and/or certain affiliates and associates will invest, subject to the satisfactory completion of financial and legal due diligence, and the execution of definitive documentation, $5,000,000 in the Company, through its purchase of
500,000 shares of the Company's Series A convertible preferred stock (the ''convertible preferred stock'') and 500,000 common stock warrants exercisable at $1.00 per share.
When can we expect a done deal,usually "letters of intent" have a specified completion date..What is that date?
How's business in Texas?
What's happening in Florida?
Anybody able to locate information on US Viewing Corp.?
I'm staking a pretty large percentage of my portfolio on this company,
would love any info anyone could offer..Hoping someone with an established relationship with the top dogs, could give them a call..If not let me know and I will attempt to start one...(I have called in the past..I'm not very good with the gift of gab-Ron,where are you?<lol>)
One comment-I love the fact that the company hired BDO Seidman as their accounting firm..very smart move on the managements part..
I'm hoping we're finally starting to reap the benefits of the seeds sown...heck I'll even vote to get Ken a new Mercedes,if we can start cranking some earnings out.. What's everyones expectation for the current quarter? |
