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INSN.OB -> It's Moving...

Started by Ramsburg, August 02, 2005, 12:31:23 PM

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Ramsburg

Hi !

I was doing my intraday searches for pennies, and come up with a nice mover: INSN.OB

I didn't dig anything yet... but it's a low float micro-penny:
107M Shares Outstanding, with a Market Cap of only 450k...

Volume is increasing a lot during the last 3 months, Stock formed a base, and tried to run several times... Today's volume is now 55M more then half the shares outstanding...

I feel something in the air...  ;)
I've already bought a few shares, and I'll start to dig a bit on this one.

Any opinions, or information on INSN ?
Frederick Ramsburg
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doug6038

Ramsburg,

News out this mornirng.

InsynQ Offers Novell Version of Its Linux-Native Accounting and Finance Software
Tuesday August 2, 6:00 am ET


TACOMA, WA--(MARKET WIRE)--Aug 2, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online accounting solutions, owner of Appgen Business Software, and a Novell Technology Partner, announced today the availability of its MyBooks Professional and Custom Suite accounting and business management applications for Novell's SUSE LINUX operating system. Both applications run on the Novell Linux Desktop, Novell Linux Small Business Suite and SUSE LINUX Enterprise Server.

In addition, InsynQ is preparing a special optimized Novell package of MyBooks Professional and Custom Suite in time for the Linux World Conference and Expo in San Francisco from August 8-11, 2005.

The Novell-compatible offering of MyBooks Professional, the award-winning small business accounting package, is another example of how Appgen's business and accounting applications -- Linux-native since 1997 -- support the Linux desktop. MyBooks Professional has both a Linux server and Linux client application, as well as an ODBC server for additional data access and reporting.

John P. Gorst, Chairman and CEO of InsynQ, stated, "MyBooks Professional for Novell is a commercial application for the Linux desktop that meets demand in the business market for low-cost computing alternatives. This offering helps Appgen Business Software further address the Linux market with an entry-level accounting solution with the option for easy customization and scalability through Appgen's 4GL Development System."

"We're excited that Novell customers will now have the ability to run InsynQ's Appgen MyBooks Professional accounting software on SUSE LINUX," said Ed Anderson, vice president of product marketing for Novell. "This affordable, complete accounting and finance solution, optimized for SUSE LINUX and available for Novell Linux Desktop, will benefit our customers in the small to medium business market now and as their businesses grow."

Appgen's MyBooks Professional and its other products, Custom Suite, and the Executive Dashboard, run on various Linux distributions, as well as Windows and MAC OSX. The Appgen 4GL Development System has been designed to run in a variety of Unix/Linux environments.

About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ's purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ's delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-2000.

Forward-Looking Statements

Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.



Contact:
     Contact:
     Michael Camp
     Marketing & Public Relations Director
     Phone: (253) 284-2000, ext. 2064
     Email: Email Contact
     


--------------------------------------------------------------------------------
Source: InsynQ, Inc.

Ramsburg

Frederick Ramsburg
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Ramsburg


Ok... looks like the move is on the move ;)

Anybody in ?
Frederick Ramsburg
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eliteG

baboom! :o..I think you might get another day like this  ;)  nice pick Ramsburg

another chart...the more the better  8)


nofear


Sorry for not posting any feedback, yes I've bought shotly after your post @ 0.0041  ;D
After the FCCN phenomenon I don't miss any of your picks.

Thanks a lot !
NoFear

The_Smaker

The Smaker

J.Livermore


Rams, it looks like a big breakout ! I didn't bought it (yet) just because I've been out of the office all day. But this move should have a continuation tomorrow !

congrats !
Jesse Livermore
I love Thursdays, specially the Black ones...

Ramsburg

Thanks guys ;)

I'm not sure what the reason behind the move is yet... But I know this volume have to mean something... This is more then the float changing hands today...

The major breakout level would be a close above the $0.0050 level... The ascending support line is working as a kind of launching ramp, and today's candle as a take off... In such a low float penny the result is hard to predict... ;)

I expect a lot of volatility on the next days, and probably a major white candle... But off course, this is VERY HIGH risk territory, I'm only with a small position (3% of my total equity), bought some near the .0040 and a bit more near the .0050... I'm only adding more near the .0060 area as a prove of strength.

I've already made my plan on this one:
Stop price near the .0030
Target Unknown, based on time not on price ;)

Best regards !
Frederick Ramsburg
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eduardvs

Hoping to get in on this tomorrow if it doesn't take off too fast without me.

That thing shot from .004 up past .005's but couldn't hold.   Good luck!

Ramsburg


With all this abnormal volume, I expect some news soon...
Anyway, the big confirmation of a much bigger move, would be a close above .0050

Holding tight  >:D

best regards !
Frederick Ramsburg
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higherstocks

Here is the news that ran up the stock.  Im not sure about this one because Novell is kinda of a dying network operating system and Linux just hasnt caught on Windows still rules.  I am a in the IT field.  But I think this is what ran up the stock today:

InsynQ Offers Novell Version of Its Linux-Native Accounting and Finance Software
Tuesday August 2, 6:00 am ET


TACOMA, WA--(MARKET WIRE)--Aug 2, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online accounting solutions, owner of Appgen Business Software, and a Novell Technology Partner, announced today the availability of its MyBooks Professional and Custom Suite accounting and business management applications for Novell's SUSE LINUX operating system. Both applications run on the Novell Linux Desktop, Novell Linux Small Business Suite and SUSE LINUX Enterprise Server.
ADVERTISEMENT


In addition, InsynQ is preparing a special optimized Novell package of MyBooks Professional and Custom Suite in time for the Linux World Conference and Expo in San Francisco from August 8-11, 2005.

The Novell-compatible offering of MyBooks Professional, the award-winning small business accounting package, is another example of how Appgen's business and accounting applications -- Linux-native since 1997 -- support the Linux desktop. MyBooks Professional has both a Linux server and Linux client application, as well as an ODBC server for additional data access and reporting.

John P. Gorst, Chairman and CEO of InsynQ, stated, "MyBooks Professional for Novell is a commercial application for the Linux desktop that meets demand in the business market for low-cost computing alternatives. This offering helps Appgen Business Software further address the Linux market with an entry-level accounting solution with the option for easy customization and scalability through Appgen's 4GL Development System."

"We're excited that Novell customers will now have the ability to run InsynQ's Appgen MyBooks Professional accounting software on SUSE LINUX," said Ed Anderson, vice president of product marketing for Novell. "This affordable, complete accounting and finance solution, optimized for SUSE LINUX and available for Novell Linux Desktop, will benefit our customers in the small to medium business market now and as their businesses grow."


golfqtee

Beware:  They Filed a Reg D yesterday.  Dilution!

http://www.sec.gov/Archives/edgar/data/914626/999999999705034039/9999999997-05-034039-index.htm

SEC EDGAR Filing Information
Form REGDEX -- Registration of sale of securities [Regulation D and Section 4(6) of the Securities Act of 1933]
Filing Date Changed: 2005-08-02
Effectiveness Date: 2005-08-01
Documents: 1
SEC Accession No.
9999999997-05-034039
Filing date: 2005-08-01
Accepted: 2005-08-02 14:47:12 

Item 06:

Table of submitted documents:
Seq Type Document Size Description 
1 REGDEX 9999999997-05-034039.paper 293 AUTO-GENERATED PAPER DOCUMENT

  9999999997-05-034039.txt 2064 Complete submission text file

Filer Information
INSYNQ INC (Filer) (0000914626)
IRS No.: 223894506 | State of Incorp.: DE | Fiscal Year End: 0531
Type: REGDEX | Act: 34 | File No.: 021-91462-6L | Film No.: 05062402
SIC: 7374 Services-Computer Processing & Data Preparation
Business Address
1127 BROADWAY PLAZA
SUITE #202
TACOMA WA 98402
2532842000
Mailing Address
1127 BROADWAY PLAZA
SUITE #202
TACOMA WA 98402



J.Livermore


Finally, I'm in @ 0.0043  ;)

Stock looks great, after the dilution news, which I don't think will affect the market price, since  INSN is such a low m.cap stock.

I think we'll watch 0.0080 real fast  >:D
Jesse Livermore
I love Thursdays, specially the Black ones...

atalltexan

Any thoughts this morning ?  Not in, but watching the retracement.  Down to .0031.