Market Pulse Breaking News Alert for Wednesday, April 9, 2008: PRCC - Pricester.com Reports Continued Positive Growth and Exploring Possible Mergers and Acquisitions!
Market Wire, April, 2008
Market Pulse News Alert for this AM, Stocks to Watch are: Pricester.com, Inc. (OTCBB: PRCC), NutriSystem Inc. (NASDAQ: NTRI), Antigenics Inc. (NASDAQ: AGEN) and SunPower Corporation (NASDAQ: SPWR).
Investors need to be watching Pricester.com, Inc. (OTCBB: PRCC) this AM! Pricester.com is an innovative e-commerce company that develops and operates websites for individuals and small business communities. It provides a medium for consumers to buy, sell, trade, auction, and search for various products and services. The company operates a multi-featured Internet shopping portal, www.pricester.com , complemented by online tools for e-commerce website construction. Its website automates the integration of payment systems and shipping carriers. The company also provides a seamless integration to its website management system and shopping cart. In addition, it provides website development, hosting and listing facility, Internet marketing services, domain name registration, and search engine optimization and submission services. Pricester.com's primary marketing objective is to build the largest gathering of web-based vendors in its virtual Shopping Network which includes formal agreements for product offerings from Wal-Mart, Target, Dell, PetSmart and many more national retailers, benefiting thousands of small businesses listed with Pricester.com in their endeavor to market their goods and services. Pricester.com aims to be among the largest providers of professionally designed low-cost websites, servicing the burgeoning small business sector where demand for such cost-efficient service is increasing exponentially. According to the US Census Bureau, on-line sales accounted for $22.3 billion in the third quarter of 2005 alone, however this represented only 2.3% of total retail sales in the US that reached $957.9 billion overall. Pricester.com is also moving ahead with key planned strategies, including a strategic joint venture which targets the growing sector of women-owned businesses, and the ongoing development of its Copia World website, an online shopping mall with a global perspective, featuring retailers from England, France, Russia, Italy, Greece, Germany, Mexico, Japan and more, with an appeal to international travelers, those interested in taking advantage of a worldwide shopping spree or viewing the latest retail offerings from around the world. Pricester.com strives to continue its internal growth, as well as seeking corporate expansion through appropriate mergers, acquisitions and joint ventures that can result in greater value for its investors. The company's revenues increased by 73% compared to the same nine-month period last year. Pricester.com's revenues increased by over 110% in the previous six-months compared to the same period in the previous year and the company's 2006 annual revenues were up 498% compared to 2005. Pricester.com is poised to become a significant player in the business services and e-commerce industry! Pricester.com just had excellent news out in a press release after Tuesday's bell reporting 2007 revenues are up 29% over 2006! The company also said they are continuing to investigate meaningful possibilities for mergers and acquisitions to promote value for its shareholders! Investors should be watching this one closely!
Pricester.com, Inc. (OTCBB: PRCC), an Internet marketing and technology company, is continuing to grow. The company is reporting a 29% increase in annual revenues in its 2007 annual financial 10-K filing.
Pricester has shown a steady pattern of revenue growth over the last two years, supporting the organization's planning and forecasting. Pricester has continued to penetrate the small business website market, as well as introducing exciting new online products, such as the rapidly growing Copia World ( www.copiaworld.com ), an international shopping portal featuring thousands of stores and businesses from 25 countries in thirteen consumer-friendly categories.
"Pricester has made important advances in fine-tuning basic services and web products, as well as identifying tremendous new opportunities for revenues. We also are continuing to investigate meaningful possibilities for mergers and acquisitions to promote value for our shareholders," said Ed Dillon, President & CEO. "Our reputation in the industry has expanded and our development of new products will spearhead our growth through 2008 and beyond as we continually narrow the margin to profitability," Dillon added.
Stocks in the news and acting well as of late include: NutriSystem Inc. (NASDAQ: NTRI), Antigenics Inc. (NASDAQ: AGEN) and SunPower Corporation (NASDAQ: SPWR).
Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
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