I noticed this stock started to move up sometime after 1pm this afternoon for unknown reasons...there was no recent news. It went from an opening price of .011 and closed at .02. Volume was high.
Not sure what to make of this stock or if it will continue to rise. 3 months ago this stock was a penny, 6 months ago it was .2, at the start of 2004 it was above a $1.
Perhaps these unfortunate times are bringing this security involved stock back to life.
Wondering if anyone has any insights into this stock and this unusual mid-day move.
This was the last news release i could find.
World Am Acquires Senz-It, Inc.
WESTMINSTER, Colo., June 13, 2005 (PRIMEZONE) -- World Am, Inc. (OTCBB:WDAM), whose wholly owned subsidiary, Isotec, Inc., conceives, develops and markets state-of-the-art security systems, announces execution of a definitive agreement for the acquisition of Senz-It, Inc. The transaction will be accomplished by a share exchange agreement.
Senz-It, Inc. holds the rights to develop and commercially market patent protected innovations developed by the State University of New York at Buffalo. SUNY Buffalo has already patented two major area patents related to sensor technology and has a total of 12 pending, provisional and/or follow on patents that cover these innovations.
Senz-It envisions products that will enable an entirely new approach to sensing, process monitoring, homeland security and environmental scanning applications. The technology is significantly less expensive, less intrusive, more compact and more economical in terms of capital outlay and operations than current approaches. This company's products are an example of the rapidly developing field of "electronic noses" in which combinations of individual sensors, joined to sophisticated computer analyses, can identify patterns of molecules present in air or liquid environments. The technology exceeds the capacities of single-purpose sensors. These are smart technologies that can "learn" and become more accurate in their operating environment.
Senz-It initially plans to concentrate on developing sensor applications for three vertical markets: Homeland Security, Indoor Air Quality and Food Processing.
World Am CEO James H. Alexander said, "We know this has been a long time in coming, and want to express our appreciation to all those who have worked so hard for this first step on the road to helping World Am realize the potential we all know exists."
As part of the transaction, World Am will employ Select University Technologies as a venture acceleration manager. More information will be made available about the new venture in the near future.
For information on how to order Isotec products, please call Isotec at 303-452-0022.
Isotec Inc. is best known in the security industry for its Transparent Security(tm) systems. All other company or product names are registered trademarks or trademarks of their respective owners. Additional information on the company is available at www.world-am.com or www.isotecinc.com .
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
CONTACT: World Am, Inc.
Investor Relations
951-279-8884
thanks, julia
This article may have an influence. And it may influence other stocks like hisc or mrkl.
http://www.whitehouse.gov/infocus/homeland/
Good Morning Julia,
Your pick is on the move. :o
********************************************************************
Press Release Source: World-Am, Inc.
U.S. Government Contract Awarded to World Am's Isotec Subsidiary
Monday August 1, 9:30 am ET
WESTMINSTER, Colo., Aug. 1, 2005 (PRIMEZONE) -- Isotec, Inc., a wholly owned subsidiary of World Am, Inc. (OTC BB:WDAM.OB - News), today announced the receipt of a contract worth approximately $130,000 from a prime contractor to the U.S. Government.
ADVERTISEMENT
The contract calls for a pilot system that can be utilized at multiple sites, helping to secure at-risk locations -- specifically the Isotec-designed Access Control/Weapons Detection system.
It employs the newly developed, patent pending, ATG200 Anti-Tailgating System, and is the company's first unit to be included in an Isotec custom designed government procurement.
``We believe this may be the first of several retrofit projects that are being proposed to upgrade security at some of the nation's most sensitive facilities,'' said Paul Labarile, Isotec's Chief Technical Officer. ``We have been working on this for more than a year, including the planning and negotiation stages, and won this award in competition with others.
``Following successful pilot testing, this procurement may lead to additional sales of this system for other at-risk government facilities.''
Isotec, Inc. is best known in the security industry for its ``Transparent Security(tm)'' systems, which it conceived and developed.
Transparent Security is a registered trademark of Isotec, Inc. All other company or product names are registered trademarks or trademarks of their respective owners.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact:
World Am, Inc.
Investor Relations
(951) 279-8884
--------------------------------------------------------------------------------
Source: World-Am, Inc.
looks like a "G pattern" play. Also a distant g pattern at around .03.
I received an alert for this online yesterday morning. Evidently the aquisition referenced in the news on the previous posts is supposed to be completed, and news is expected. I wanted to come in here and post, but I couldnt access this site until last night. sorry. I got in at .0154. I think pending news is the key to the rise and volume. Happy trading!
This one has a forward split on Aug 15 for shareholders of record:
http://www.investorshub.com/boards/read_msg.asp?message_id=7290822
WDAM: Sets 3-2 Forward Stk Split; Eff Aug 16
Tuesday , August 09, 2005 14:15 ET
According to the NASDAQ Dividend List, World-Am, Inc (OTCBB: WDAM) has declared a 3-2 forward stock split. This forward stock split will ONLY be available to shareholders of record as of August 15, 2005.
DECL-DATE X-DATE REC-DATE PAY-DATE
----------- ----------- ----------- -----------
08/09/2005 08/16/2005 08/15/2005 08/15/2005
AMOUNT: 3-2 forward split
FREQUENCY: N/A
CHANGE: N/A
ADDITIONAL INFO: Due Bill Redeemable Date: 08/18/2005
Knobias may issue additional reminder alerts to track the important dates surrounding this corporate action.
Hello !
Form 8-K for WORLD AM, INC.
--------------------------------------------------------------------------------
25-Aug-2005
Change in FYE or Articles, Financial Statements and Exhibits
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
On January 10, 2004, the Company filed a Certificate of Amendment to Articles of Incorporation with the Nevada Secretary of State that had the affect of amending the articles such that the Board of Directors is authorized to decrease the issue and outstanding stock of the Company (a reverse split) without the further approval of the shareholders. This amendment did not require shareholder approval since the Company's Articles of Incorporation has previously been amended to permit the Board of Directors to amend the articles of incorporation and bylaws of the Company without further shareholder approval in the event of requirements due to a merger or acquisition. See Exhibit 3 to this Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibits.
Exhibits included are set forth in the Exhibit Index pursuant to Item 601of Regulation S-B.
(//)
Hi !
WDAM +32 %
MA (50) - 0.01
MA (200) - 0.064
Regards.
Evgeny.
Hi evgeny05,
did u buy?
i had forgetten about it...and wasn't watching.
Why the move?
Wondering where this will go?
good luck if ur in ;D
thanks
julia
Could this explain it?
Insider buy?
So, that j symbol indicates a buy?
http://www.secform4.com/insider/showhistory.php?symbol=wdam
thanks...wondering if it is still not too late to pick some up. Does anyone have any advice on this?
Thanks very much,
julia
Holy moly!!!! :o
Hey Julia, Did you look at how many shares the CEO owns, 196,000? ???
Hi Higherstocks...thanks for pointing that out....hee hee...didn't notice that :D
ok...so maybe we just move on ;D..that's not a very convincing buy.
i like SSWM though...looking pretty.
thanks!
julia
World Am Completes Acquisition of Senz-It
Sep 7, 2005 10:00:00 AM
2005 PrimeZone Media Network
WESTMINSTER, Colo., Sept. 7, 2005 (PRIMEZONE) -- World Am, Inc. (OTCBB:WDAM), whose Isotec subsidiary manufactures state-of-the-art security systems, today said that it has completed the acquisition of Senz-It, Inc., originally announced in mid-June. Senz-It is now a wholly owned subsidiary of World Am.
World Am CEO James H. Alexander said Senz-It will now exercise the option it holds to enter into an exclusive, royalty-bearing license with the State University of New York at Buffalo. The six-month option covers patents that will enable Senz-It to develop technology with an entirely new approach to sensing, process monitoring, homeland security and environmental scanning applications. Moreover, the option stipulates that SUNY Buffalo will not enter into an option or license on these patents with any other party during the option period.
SUNY Buffalo already has two patents related to sensor technology, and has a total of 12 pending, provisional and/or follow on patents that cover these innovations, Alexander noted.
Senz-It envisions products that will enable a highly innovative approach to sensing, process monitoring, homeland security and environmental scanning applications. Management believes that this technology is less expensive, less intrusive, more compact and more economical compared with other current approaches. It also exceeds the capacities of single-purpose sensors, and is intended to "learn" and become more accurate in operating environments.
To help with the planned commercialization of Senz-It products, Senz-It has entered into a working arrangement with Newport Beach, Calif.-based Select University Technologies, Inc. (SUTI), which has ongoing relationships with approximately 25 major university research centers. It was SUTI that first identified the potential of the SUNY Buffalo patents.
SUTI employs a leading edge, multi-project business development process devoted to the launch of new technology companies based on university research. It is an end-to-end corporate development system for moving a patented laboratory discovery to a commercial product.
It is expected that applications of the technology covered by the license agreement will extend beyond the surveillance and detection needs of homeland and personal security, and will also include air quality, health science and medical, as well as possible uses in food quality monitoring and other vertical markets.
"We anticipate significant opportunities for the company to grow," said Mr. Alexander, "and to be at the forefront of these important new scientific and technical applications."
Additional information on the company is available at www.world-am.com or www.isotecinc.com .
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
CONTACT: World Am, Inc.
Investor Relations
951-279-8884
Hi !
WDAM - UP 185%.
Government Tests Give High Marks to World Am's Isotec Subsidiary Technology
Oct 11, 2005 10:00:00 AM
2005 PrimeZone Media Network
WESTMINSTER, Colo., Oct. 11, 2005 (PRIMEZONE) -- World Am, Inc. (OTCBB:WDAM) today reported that its wholly owned subsidiary, Isotec, Inc., has been notified by a prime contractor to the U.S. Government that its Access Control/Weapons Detection system, specifically designed to enhance security at sensitive government sites, has successfully met and exceeded the contractor's test standards.
Funding for this pilot system was awarded just two months ago. It was configured to include Isotec's newly developed, patent pending, ATG200 Anti-Tailgating System, and was the first unit to be included in an Isotec system custom designed for potential government procurement.
It is believed the rapid testing process underscores the government's desire to upgrade security at some of the most sensitive and at-risk facilities nationwide.
In a report to a project manager for the test process, a security systems engineer said he was pleased to announce that, "The screening portals procured from Isotec have been certified to meet the demanding performance requirements of our procurement specification for use in nuclear security operations." During the performance of an extensive testing regimen, he said, "We came to the conclusion that the Isotec screening portals were well-manufactured, quality products that exceeded our expectations. The fit-and-finish of the units was excellent, reflecting Isotec's precise manufacturing processes."
The test engineer noted that the Isotec system utilizes a "Unique infrared-based portal occupancy detection system that ensures only one individual is screened at a time. This type of detection system provides better detection capabilities and reduced false alarm rates when compared to previous designs that use weight or other factors to determine portal occupancy. The Isotec portal will ensure positive access controls with maximum throughput, while requiring a minimum number of operations personnel."
The test engineer concluded that: "The installation and utilization of this new portal system will provide us with more than quadruple the throughput capacity of our existing system while still maintaining the existing screening area footprint...increasing throughput of an access control point while not increasing the amount of space required will continue to pay dividends for the life of the system..."
"We are proud of the hard work of our Isotec team as demonstrated by these test results," said World Am CEO James Alexander. "We believe the success of this test process is a validation for Isotec and World Am. It is anticipated these test results will help to generate orders from the U.S. Government, estimated to be 100 such access and detection systems valued at up to $5 million.
Isotec, Inc. is best known in the security industry for its "Transparent Security(tm)" systems, which it conceived and developed.
Transparent Security is a registered trademark of Isotec, Inc. All other company or product names are registered trademarks or trademarks of their respective owners.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Good luck.
Evgeny.
Holy Moly....Don't you just love it when they do things like this... :o
I took a chance before lunch and picked up a quick 20% profit.
I don't usually do that but I needed a little positivity especially after IGTN's nose dive.
Still holding that by the way.
-Bob
wow......... end of the day chart.......... ;D
Looks like a continuation of yesterday's move
+ 31.25%........Volume @........17,741,928
can you believe yesterday's pr made this a 10 bagger stock! amazing, let's hope we find the next one and get in!
THE MOVE IS STILL ON...... :o
+24.59%........vOLUME @ 10,510,205
OK, I'm really going to have to learn patience.
i was pretty happy with my 15% I made in 45 minutes on tuesday
I would've been really happy had i held it for 2 more days and gotten 250%+
But who knew?
oh well, another day, another opportunity
Bob
This must have been penny stock week....
+51.72%......Volume @ 32,812,331
;)
;)
???
??? :o
:o ;D
Hi !
WDAM - UP 18% VOl. 5.000.000 :o
Good luck.
Evgeny.
Hi !
If we break 0.035, probably goes on the north (only my opinion). ??? ::)
Good luck.
Evgeny.
Press Release Source: World Am, Inc.
World Am to Receive Up to $11,000,000 in Financing From Golden Gate Investors Designed to Help Accelerate Development of Its Isotec, Senz-It Product Lines
Monday February 13, 3:20 pm ET
Investment Banker Agrees to Additional Investment in the Company Up to $2,750,000
NEWPORT BEACH, CA--(MARKET WIRE)--Feb 13, 2006 -- World Am, Inc. (OTC BB:WDAM.OB - News) today reported that the company has entered into a transaction with Golden Gate Investors, Inc. to make an investment of up to $11,000,000 in the company. As part of the transaction, the San Francisco-headquartered investment banking firm has a warrant to purchase additional shares that may result in additional proceeds of $2,750,000 to World Am.
"World Am will initially receive a total of $500,000: $100,000 in the form of a convertible debenture on closing, and an additional $150,000 -- $50,000 to cover registration filing expenses, and an additional $100,000 payable on filing of the registration statement covering the filing," said President & CEO Robert A. Hovee. "Both these additional amounts represent payments towards the exercise of a warrant under the transaction. Upon the effectiveness of the registration statement, the company will receive an additional $250,000 in the form of a third prepayment toward the exercise of a warrant.
"Thereafter," Mr. Hovee continued, "terms of the transaction call for up to an additional $10,500,000 in equity purchases. These will come in the form of warrant exercises made in equal monthly installments of approximately $500,000, commencing on the effectiveness of the registration statement.
"We are pleased to have negotiated this financing package, and believe that it sets the stage for World Am to fully implement its business plan," the CEO observed. "These investments will help to ensure that we can develop and commercialize World Am's technological expertise -- both our Isotec state-of-the-art security systems and our Senz-It patent protected sensory product applications, once the license option is exercised by Senz-It from the State University of New York at Buffalo."
Additional information on the company is available at http://www.world-am.com or http://www.isotecinc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact:
Contact:
World Am, Inc. Investor Relations
951-279-8884
So,..this is another one i could slap myself for not getting into when i saw the news....i had an awesome chance to pick this up at .011...but, noooo..i'm a little chicken..wondering if its going to move or not...then i keep thinking its too late...now its up .013..now, its uo .017..has to be too late now..Not!
Oh well..i'm sure there were many smarter, quicker people out there then me that took advantage of this quick easier runner...anyone? ;D...tell me...cause i want to make myself feel really ashamed of my cowardly behaviour ;D
glta :)
julia