Wall Street Futures Featured Company ProMana Solutions (OTC: PSLU) Expects to Trade on OTCBB This Year
Market Wire, February, 2005
Wall Street Futures, a leading source of news and information for the small-cap investor, continues its coverage of ProMana Solutions, Inc. (OTC: PSLU), as its featured company in the human resources outsourcing space.
PSLU is a provider of end-to-end Intranet-based software solutions for business work flow and human resource management. The company's flagship product manages the entire spectrum of administration, accounting, payroll, benefits, human resources and a host of other functions for clients.
Earlier this week, PSLU disclosed the contents of an internal memorandum from CEO Larry Kass highlighting company successes in 2004 as well as projections for 2005. Most notably for the company's shareholders, PSLU has initiated the process of becoming a fully reporting entity and is reviewing letters of engagement from a major U.S. law firm with the aim of trading on the OTC Bulletin Board before the beginning of Q3 2005. The increased visibility of such a move is likely to fuel continued investor interest in this company and could positively affect PSLU's share price.
Additionally, the company reported ongoing discussions with several prospective branded partners, and with steady sales activity, it expects to achieve a breakeven and cash flow positive situation also by Q3 2005.
Shares of PSLU closed Wednesday at $0.07, unchanged on the day, but they could be a bargain at this price level, if all goes as planned for the company this year. Also among Wall Street Futures' business-to-business "stocks to watch" this week are Intel (NASDAQ: INTC), Sun Microsystems (NASDAQ: SUNW), and JDS Uniphase (NASDAQ: JDSU).
******* Important Notice and Disclaimer: Please Read *******
Wall Street Futures is a news service of the Wall Street Small Cap Reporter (WSSCR). WSSCR, 866-249-4961, publishes reports providing information on selected companies that it believes have investment potential. WSSCR is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. WSSCR accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. WSSCR has been hired as a consultant and has been paid by a third party for the publication and circulation of this report. This report contains forward-looking statements, which involve risks and uncertainties -- including, but not limited to, risks associated with changes in general economic and business conditions (including in the IT and financial information industries), actions of competitors, the extent to which the company is able to develop new services and markets for its services, the time and expense involved in such development activities, the level of demand and market acceptance of the company's services, and/or changes in its business strategies -- that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the company featured above or obtain the SEC filings of the company including the company's most recent annual and quarterly reports.
For Information contact: 866-249-4961 Or visit www.wsscr.com
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