New visitor? Consider subscribing by RSS or by email.Commerce Planet (CPNE.OB) jumped over 20% today after announcing plans to execute a reverse split that would qualify it for listing on a national exchange like the Nasdaq or Amex.
“The decision to approve a reverse stock split [...]
Commerce Planet: CPNE.OB announced this morning a letter of intent to acquire Iventa, an online web builder based in the United States that also has a 30-person web services staff in India. The announcement was long on strategy and short on details. The company says that “the acquisition of Iventa’s Dashboard System(TM) platform [...]
John Gilliam (via Seeking Alpha) suggests that Think Partnership: THK should build scale in its internet lead generation business by buying Commerce Planet: CPNE.OB:
A THK/CPNE marriage would be a good fit for several reasons including the synergies resulting from each company’s strong presence in the “home based business” lead generation space and the potential for [...]
Commerce Planet: CPNE.OB took a beating after announcing mediocre earnings. CEO Michael Hill said he was pleased with the quarter (I’m not), adding: “we executed on initiatives to more effectively spend our advertising dollars increasing our efficiencies and performance results. We expect this strategy to lower our future operating costs and protect the quality [...]