JUNP Avg Volume 22.03M
Today pushing 60 mil at 1:45 pm
JUNP - Juniper Group, Inc - Page 5
JUNP Volume alert, yesterdays news:
Juniper Announces Deferral of Reverse Stock Split Due to Market Conditions
The Company has filed its Form 14C with the Securities and Exchange Commission and has up to one year to effectuate the Split. Management will revisit the timing of effectuating the Split in the upcoming months.
Juniper Group, Inc. (OTCBB:JUNP) announced today that management has decided that it would be in the best interests of its stockholders to defer effectuating the previously approved reverse stock split ("Split") due to current market conditions. The approved Split would reduce the number of outstanding shares of our common stockon up to a 1 for 5000 reverse split. Management has determined that it would be in the best interest of its shareholders to defer the Split until such time as the Company's performance improves and market conditions are more receptive to a reverse stock split.
LOL, 10B A/S. They need to reduced the a/s greatly, and PR it. Otherwise why would anyone think that they will not dilute. At the current PPS I guess it would take many shares to raise any substantial capital.
JUNP- Volume on the rise
Juniper Announces Plans for Government and Municipal Markets
BOCA RATON, Fla., Aug 4, 2011 (GlobeNewswire via COMTEX) -- Juniper Group, Inc.
(OTCBB:JUNP) announced today that its wholly-owned telecommunications subsidiary
has been afforded the opportunity to expand its customer base to include
government and municipality work throughout the Midwest and has been invited to
its first bid in this sector. Initial projects have been identified, and
appropriately trained and certified teams are being assembled.
Vlado P. Hreljanovic, President and CEO, said, "It is wonderful to be able to
add governments and municipalities at all differing levels to our client roster.
With the advent of the new raising of the debt ceiling, the company was now able
to submit bids for government jobs that had been on hold pending the final vote
from Congress. We look forward to becoming a 'go-to' subcontractor in this
important and burgeoning arena."
This press release may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Forward-looking statements are based on current
expectations, estimates and projections made by management. The Company intends
for the forward-looking statements to be covered by the safe harbor provisions
for forward-looking statements. Words such as "anticipates," "expects,"
"intends," "plans," "believes," "seeks," "estimates," or variations of such
words are intended to identify such forward-looking statements. All
forward-looking statements in this press release are made as of the date of this
press release, and Juniper assumes no obligation to update these forward-looking
statements other than as required by law. Forward-looking statements are subject
to risks and uncertainties that could cause actual results to differ materially
from those set forth or implied by any forward-looking statements as anticipated
in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q
and Current Reports on Form 8-K. Copies are available at www.sec.gov.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Juniper Group, Inc.
CONTACT: CONTACT: Juniper Group, Inc.
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
INDUSTRY KEYWORD: Telecom Equipment
SUBJECT CODE: TELECOMMUNICATIONS
Some good news finally :)