1. bu-abdullaziz

    bu-abdullaziz عضو مميز

    ‏11 ديسمبر 2003
    عدد الإعجابات:
    Buy at $1.50-$1.60, Sell at $2.20 + (Great Speculation Play / Quick-Short Term Profit)

    eMerge Interactive, Inc. is a small cap company that has been the topic of heated conversations on rolling stock forums across the web, and after performing some of our own due diligence, we feel that a quick short term profit can be realized if shares are purchased before the next anticipated run-up to over $2/share based off of our chart analysis. eMerge Interactive, Inc., is a technology company serving the agricultural, foodservice, and healthcare industries. The Company is developing a broad portfolio of innovative products, including VerifEYE(TM) HandScan, Solo, and CIS contamination detection systems, for use in restaurants, hospitals, and food processors. The Company's agricultural products include CattleLog(TM), USDA-approved Process Verified Program providing individual animal data collection and reporting that enables livestock tracking, verification, and branding. For more information, please visit http://www.emergeinteractive.com. The company itself has not been performing well & has had negative cash flows, but based of recent chart activity, we expect the stock to rebound to over $2/share. Over the past 2 months, the stock has surged in stock price & dipped 2 times. As of right now, the stock is in the dip, and is certainly a prime buy opportunity for a quick-short term from. Our estimated hold time is 1 -2 weeks before the stock reaches $2. A solid 25-30% ROI can be achieved if traded properly. Check out a 3 month stock chart here: http://finance.yahoo.com/q/bc?s=EMRG&t=3m

    Check out recent company news, quotes & a chart here: http://finance.yahoo.com/q?s=emrg

    eMerge Interactive, Inc. (Nasdaq: EMRG - News), a technology company serving the agricultural, foodservice, and healthcare industries, today announced it has reached an agreement for the private placement of common stock and warrants with institutional investors to raise $4.0 million in proceeds. As part of the transaction, eMerge will sell 2,500,000 common shares at a purchase price of $1.60 per share and issue warrants to purchase an additional 875,000 common shares at an exercise price of $2.00 per share. The transaction provides the investors the right to invest up to an additional $2.0 million through the purchase of up to 1,250,000 common shares at a purchase price of $1.60 per share. This right may be exercised at any time prior to the 180th trading day following the date that a registration statement covering the common shares is declared effective by the Securities and Exchange Commission. eMerge has the right, under certain conditions, to require the investors to make the entire $2.0 million investment. The transaction is expected to close in the next 15 days and is subject to customary closing conditions.

    "We believe that the proceeds from this transaction, coupled with our expectations for expanded revenue from VerifEYE and CattleLog products in fiscal 2005, will strengthen our balance sheet and provide substantial working capital to finance the Company's business plan. As previously announced, we believe recent developments in the marketplace have favorably impacted the demand for our products. We are encouraged by those developments and by the positive implications of this financing," stated David C. Warren, eMerge's Chief Executive Officer and President.

    These securities have not been registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (SEC) or an applicable exemption from the registration requirements. eMerge has agreed to file a registration statement with respect to the resale of the shares. This news release is not an offer to sell or the solicitation of an offer to buy the securities discussed herein.

    Check out their recent press releases here:

    • eMerge Interactive, Inc. Financials
    Sat, Nov 27 - EDGAR Online Financials
    • EMERGE INTERACTIVE INC Files SEC form 8-K, Sale of Equity, Regulation FD Disclosure, Financial Statements and Exhibit
    Tue, Nov 23 - EDGAR Online
    • eMerge Interactive Reaches Agreement for $4.0 Million Initial Funds in Private Placement Financing
    Mon, Nov 22 - PR Newswire
    • [audio] Emerge Interactive CEO: 'Mad cow' disease impact [6.1 min]
    Thu, Nov 18 - at CBS MarketWatch
    • EMERGE INTERACTIVE INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
    Wed, Nov 17 - EDGAR Online
    • Packers Recognize eMerge CattleLog System for Livestock Information Verification
    Wed, Nov 17 - PR Newswire
    • EMERGE INTERACTIVE INC Files SEC form 10-Q, Quarterly Report
    Mon, Nov 15 - EDGAR Online
    • Charlotte Perkins, EVP - Sales And Marketing - Food Safety Technology, to Leave eMerge Interactive
    Fri, Nov 12 - PR Newswire
    • EMERGE INTERACTIVE INC Files SEC form 8-K, Results of Operations, Financial Statements and Exhibits
    Thu, Oct 28 - EDGAR Online
    • eMerge Interactive Reports Third Quarter and Nine Months Results
    Thu, Oct 28 - PR Newswire