 |
 |
March
3, 2003 |
 |
|
 |
Volume
VI, Issue 18 |
 |
|
Email : info@otcjournal.com
URL : http://www.otcjournal.com
To
OTC Journal Members:
 |
Calypte Biomed
(OTC BB: CALY): Interview Next Week With Chairman Tony Cataldo |
|
As you can see from the chart, Calypte
Biomed has been quite volatile over the past two months. Today, on
the strength of another press release concerning additional distribution
of their test kits, the stock traded huge volume, 14.3 million shares.
The company recently announced Planned
Parenthood had become a customer (click
here), and today announced their test kits would be used at the upcoming
14th annual Black Church Week of Prayer for the Healing of AIDS, the nation's
largest AIDS awareness program targeting African Americans, kicking off
in New York City February 28, 2003 (click
here).
If history repeats itself, the stock
could rebound off the $.05 level as it has done twice in the past. Traders
may want to step up to the plate at current levels as the stock has now
put in a bullish "triple bottom".
In a recent conference call covering
year end numbers and fundamental developments, it was revealed Calypte
had
also obtained three new insurance company clients, including the one major
overseas customer.
Despite many fundamental accomplishments
over the past six months, shares of Calypte Biomed are trading at
the low end of their trading range. This stock is typically one of the
highest volume stocks on the OTC Bulletin Board every day, and would no
doubt be trading higher if the supply of shares were diminished.
In fact, the OTC Journal first
reported on this company on May
31, 2002. At the time the stock was trading at $.13. There were 60
million shares issued and outstanding, and the market value of the company
was $7.8 million.
Today, Calypte Biomed probably
has 200 million to 220 million shares issued and outstanding. In addition,
shareholders recently approved the number of authorized shares to be increased
to 800 million.
Therefore, today's market value of
the company, based on the $.05 market price, is $11 million. Despite the
stock being at 40% of the price in our original trading alert, the company's
market value is 41% greater than it was on that date.
We have invited Calypte Chairman
Tony
Cataldo to discuss this issue and fundamental corporate developments
in an interview. We will conduct the interview early next week and publish
either Wednesday or Thursday.
If the company can continue to move
forward as it has, and the supply of stock abates, investors could do very
well off current levels. The interview will be streamed over the internet
and published in text form.
Charts Provided Courtesy
Of TradePortal.com
The OTC Journal is
a proud partner of the SwingWire.com
Online Investment Community. A next generation Online Analyst Exchange
providing Members the ability to search, review, track and monitor some
of the Internet's best Online CAs (CyberAnalysts). Members
have the opportunity to potentially achieve higher
returns by viewing top performing portfolios
and receiving real-time alerts from favorite CAs.
SwingWire.com
also has a lucrative incentive model for experienced investors and traders
who consistently outperform the market. Share market ideas with other like-minded
investors, establish a proven track record, provide insightful commentary,
attract followers and ultimately become one of the Internet's highest paid
and most sought after CyberAnalysts!
Click
here to receive your FREE 30-Day Trial Membership with no further obligation.
Sign Up Today!
|
|
| The OTCjournal.com Newsletter is
an independent electronic publication committed to providing our readers
with factual information on selected publicly traded companies. All
companies are chosen on the basis of certain financial analysis and other
pertinent criteria with a view toward maximizing the upside potential
for investors while minimizing the downside risk, whenever possible.
Moreover, as detailed below, this publication accepts compensation from
certain of the companies which it features. Likewise, this newsletter
is owned by MarketByte, LLC. To the degrees enumerated herein,
this newsletter should not be regarded as an independent publication.
Click
Here to view our compensation on every company we have ever covered,
or visit the following web address: http://www.otcjournal.com/disclaimer.html
for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html
for Trading Alerts.
MarketByte LLC has been paid a fee
of 250,000 free trading shares of Calypte common stock by First Stage Capital
for coverage of Calypte Biomed. On August 12, 2002, MarketByte LLC entered
into an agreement directly with Calypte Biomed to continue coverage of
the company through October 31, 2002. Calypte Biomed paid $25,000 cash
as compensation, and an additional 300,000 shares of free trading stock
were paid by a third party on behalf of the company. On November 1, 2002,
MarketByte LLC and Calypte Biomed to agreed to renew the agreement to extend
through January 31, 2003 in return for $25,000 in cash, and an additional
300,000 shares of free trading stock were paid by a third party. Please
review our policy on selling shares found in the Mission Statement on our
home page.
All statements and expressions are
the sole opinions of the editors and are subject to change without
notice. A profile, description, or other mention of a company in the newsletter
is neither an offer nor solicitation to buy or sell any securities
mentioned. While we believe all sources of information to be factual and
reliable, in no way do we represent or guarantee the accuracy thereof,
nor the statements made herein.
The editor, members of the editor's
family, and/or entities with which they are affiliated, are forbidden by
company policy to own, buy, sell or otherwise trade stock for their own
benefit in the companies who appear in the publication unless specifically
disclosed in the newsletter.
The profiles, critiques, and other
editorial content of the OTCjournal.com may contain forward-looking statements
relating to the expected capabilities of the companies mentioned herein.
THE READER SHOULD VERIFY ALL CLAIMS
AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED.
INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE
OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT
LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY
WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCjournal.com.
We encourage our readers to invest
carefully and read the investor information available at the web sites
of the Securities and Exchange Commission ("SEC") at http://www.sec.govand/or
the National Association of Securities Dealers ("NASD") at http://www.nasd.com.
We also strongly recommend that you read the SEC advisory to investors
concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm.
Disclaimer ID:$subst('Recip.userid') Readers can review all public filings
by companies at the SEC's EDGAR page. The NASD has published information
on how to invest carefully at its web site.
You
can unsubscribe from this list at any time by
Clicking
Here and HITTING SEND. If you are having difficulty removing
yourself or wish to change your address please go to http://listserv.otcjournal.com/opt.cgi?. |
|
|
|
Click Here to View the OTC Journal Disclosure
|
|
To subscribe to our newsletter, please enter your email address below.
Quotes are delayed 20 minutes.

|