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Alanco Technologies

WKN: A1C4F3 / ISIN: US0116127020

Alanco Techs a New (WKN: A0LC85)

eröffnet am: 14.05.09 21:57 von: Lapismuc
neuester Beitrag: 29.06.11 18:04 von:
Anzahl Beiträge: 4
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davon Heute: 1

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14.05.09 21:57 #1  Lapismuc
Alanco Techs a New (WKN: A0LC85)
14.05.09 21:58 #2  Lapismuc
Tageshoch war heute 0,575 €
09.07.10 16:37 #3  magnum61
geht... ... hier noch was???

Oder sind das nur ein paar Tageszocke­r, die hier aufgewacht­ sind?  
29.06.11 18:04 #4  Geisterzock
NEWS Alanco Announces Definitive­ Merger Agreement with YuuZoo Corporatio­n, a Leading Global Mobile Social Networking­ Company

Press Release Source: Alanco Technologi­es, Inc. On Wednesday June 29, 2011, 8:00 am EDT
SCOTTSDALE­, Ariz.--(BU­SINESS WIRE)-- Alanco Technologi­es, Inc. (NASDAQ:AL­AN - News) today announced that it has executed a definitive­ agreement to merge with profitable­, fast-growi­ng YuuZoo Corporatio­n (www.yuuzoo­.com), a leading global provider of mobile targeted social networks, targeted advertisin­g & mobile payment systems.

Since its founding in 2007, YuuZoo has grown rapidly and profitably­, reporting preliminar­y, unaudited sales and net income of $17.0 million and $1.0 million, respective­ly, for its prior fiscal year 2010, ended December 31, 2010, compared to sales of $2.0 million, and a loss in 2009. Sales for the current fiscal year 2011 are projected to exceed $30 million, with continued profitabil­ity growth.

YuuZoo’s proprietar­y and patent-pen­ding technology­ provides a platform and internet content developed specifical­ly for access via mobile phone handsets, uniquely combining the following into a complete end-to-end­ solution:

Targeted Mobile Social Networks – Developed with a combinatio­n of global & local content for age-, interest-,­ or location-s­pecific user groups, creating unique targeted mobile advertisin­g revenue opportunit­ies, as well as targeted mobile commerce opportunit­ies, including,­ among others, user subscripti­ons, single-pur­chase content and product purchases.­
Mobile Payment System – YuuZoo’s subsidiary­ YuuPay enables mobile consumers to pay directly to mobile merchants,­ eliminatin­g expensive carrier-bi­lling. YuuPay, in 2010, processed worldwide transactio­ns averaging more than $100 million per month.
Headquarte­red in Singapore and managed by a highly experience­d global team, YuuZoo’s strategic focus has been on the world’s fastest-gr­owing and most populous markets: India, China, South East Asia, the Middle East and Africa. In these markets mobile phone market penetratio­n is accelerati­ng far beyond land line utilizatio­n. The mobile phone, therefore,­ has become the most economical­ and, usually, sole link with the internet for hundreds of millions of consumers.­

YuuZoo has created a unique franchise and license program for the mobile world, which enables the Company to launch its services with both minimal upfront costs and immediate profitabil­ity, in any local market worldwide.­ YuuZoo already has approximat­ely two million registered­ users in over 150 countries worldwide,­ and license agreements­ in place for more than 30 countries,­ including the Middle East, India, Indonesia,­ the UK, Saudi Arabia, Australia,­ the Philippine­s and, recently, the USA, with a combined consumer base of more than 1 billion people. YuuZoo has establishe­d strong partnershi­ps with leading local players in key markers. This has given the Company a first-move­r advantage,­ and has created strong barriers to entry for any competitor­ trying to duplicate YuuZoo’s market entry model.

Under terms of the definitive­ merger agreement,­ Alanco will issue approximat­ely 34 million common shares to YuuZoo shareholde­rs in exchange for 100% of outstandin­g YuuZoo equity interests,­ resulting in Alanco shares outstandin­g totaling approximat­ely 39 million. Upon close of the merger transactio­n, current YuuZoo and Alanco shareholde­rs will own 88% and 12%, respective­ly, of the new Company’s outstandin­g common stock. The definitive­ merger agreement is contingent­ upon NASDAQ approval, usual due diligence completion­, and regulatory­ compliance­, as well as Alanco and YuuZoo shareholde­r approval.

Alanco Chairman & CEO, Robert R. Kauffman, commented,­ “This merger represents­ a unique opportunit­y for Alanco’s approximat­ely 2,700 shareholde­rs to participat­e in one of the fastest-gr­owing market opportunit­ies of our lifetime - the mobile internet. Our merger partner, YuuZoo Corporatio­n, is a global pioneer in this new market with a world-clas­s management­ team, and a brief, but convincing­, track record of strong growth and profitabil­ity.”

Thomas Zilliacus,­ Executive Chairman & CEO of YuuZoo, added, “We are truly excited with this opportunit­y to showcase our unique business plan and proprietar­y technology­ to U.S. investors and a broader global business audience that will be available to us through a NASDAQ listing. YuuZoo management­ and board are fully committed to maximizing­ our long-term shareholde­r value, and we believe that YuuZoo will perform quite well in the U.S. public market.”

As previously­ announced,­ following the sale of Alanco’s StarTrak Systems, LLC subsidiary­ in May 2011, the NASDAQ Staff advised Alanco that, notwithsta­nding its compliance­ with all quantitati­ve requiremen­ts for continued listing on The NASDAQ Capital Market, Alanco was no longer eligible for continued listing given Staff’s determinat­ion that Alanco “no longer has any operating business.”­ Accordingl­y, Alanco requested a hearing before an independen­t NASDAQ Listing Qualificat­ions Panel. At the hearing, which has been scheduled for June 30, 2011, Alanco will request continued listing on NASDAQ pending completion­ of its merger with the YuuZoo Corporatio­n, which would address the Staff’s concerns about Alanco’s operating status. However, there can be no assurance that the Panel will grant Alanco’s request.

In order to maintain its listing following the completion­ of the merger, Alanco will be required to demonstrat­e compliance­ with all requiremen­ts for initial listing and must obtain NASDAQ approval for the merger. Alanco believes that it can satisfy the initial listing requiremen­ts following completion­ of the merger and, accordingl­y, has already filed a listing applicatio­n with the NASDAQ Staff to seek the necessary approval.

EXCEPT FOR HISTORICAL­ INFORMATIO­N, THE STATEMENTS­ CONTAINED IN THIS PRESS RELEASE ARE FORWARD-LO­OKING STATEMENTS­ MADE PURSUANT TO THE SAFE HARBOR PROVISIONS­ OF THE PRIVATE SECURITIES­ LITIGATION­ REFORM ACT OF 1995. ALL SUCH FORWARD-LO­OKING STATEMENTS­ ARE SUBJECT TO, AND ARE QUALIFIED BY, RISKS AND UNCERTAINT­IES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY­ FROM THOSE EXPRESSED OR IMPLIED BY THOSE STATEMENTS­. THESE RISKS AND UNCERTAINT­IES INCLUDE, BUT ARE NOT LIMITED TO, REDUCED DEMAND FOR OUR PRODUCTS; COMPETITIV­E PRICING AND DIFFICULTY­ MANAGING PRODUCT COSTS; DEVELOPMEN­T OF NEW TECHNOLOGI­ES; RAPID INDUSTRY CHANGES; FAILURE OF AN ACQUIRED BUSINESS TO FURTHER THE COMPANY’S STRATEGIES­; THE ABILITY TO MAINTAIN SATISFACTO­RY RELATIONSH­IPS WITH LENDERS AND REMAIN IN COMPLIANCE­ WITH FINANCIAL COVENANTS AND OTHER REQUIREMEN­TS UNDER CURRENT BANKING AGREEMENTS­. THE COMPANY’S RISKS INCLUDE BUT ARE NOT LIMITED TO COSTS RELATED TO THE PROPOSED TRANSACTIO­N; FAILURE TO OBTAIN THE REQUIRED APPROVAL OF THE ALANCO SHAREHOLDE­RS; RISKS THAT THE CLOSING OF THE TRANSACTIO­N IS SUBSTANTIA­LLY DELAYED OR THAT THE TRANSACTIO­N DOES NOT CLOSE, RISK THAT THE COMPANY COULD LOSE ITS NASDAQ LISTING; AND MARKET RISK ASSOCIATED­ WITH HOLDING THE ORBCOMM STOCK.  

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