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Past Profile
eBlast
PRECOM TECHNOLOGY INC., d.b.a. CONCILIUM GROUP (OTCBB: PMMT)
July 26, 2002.
 
PRECOM TECHNOLOGY INC., d.b.a. CONCILIUM GROUP (OTCBB: PMMT)

Editors Note:

Last week we brought you an in depth profile (Click Here) of Precom Technology d.b.a. Concilium Group. We also brought you a follow up piece earlier this week (Click Here)that highlighted news about Concilium reporting positive second quarter earnings (Click Here)

Stockupticks wasn't the only one watching. Only today, veteran market observer Larry Oakley at WallStreetCorner.com singled out Concilium for his Weekly Stock Pick. That's quite an honor. 

As Concilium gains momentum in fulfilling its business plan, Stockupticks will keep you up to date on the latest news. Please read on, we think you'll find Larry's insights timely and interesting ... 
 

Excerpt >From Current Weekly Stock Pick On WallStreetCorner.com Featuring PMMT 

From Larry Oakley's Weekly Stock Pick 
at www.WallStreetCorner.com

Each week, I bring you one of the situations I have started to investigate. It's one I think is good enough to bring to your attention. I pick them from those presented to me each month by my network of brokers, market makers, PR companies, investment bankers, venture capitalists & key people in various industries. My primary criterion is the same as I apply for Conservative Speculator-my opinion of the stock's potential to double or better in the next six to 12 months. 

My opinion of this situation will be online here for only a week. I will, however, occasionally do updates on situations featured here which I continue to follow, either in the "Larry Oakley's Opinion" section, or in the "Larry Oakley's Mid-Week Comment" section. Please--do not use these picks for investment decisions unless you decide on the basis of facts you uncover in your own investigation. 

Current Weekly Stock Pick

Date Posted: 07/26/2002 12:00:00 AM

Precom Technology, Inc. (OTC BB/PMMT)

PMMT, d/b/a Concilium Group ("CGI"), is an international financial services company with offices in the U.S. & Hong Kong. It does financial, tax, & business planning; asset protection; insurance management; & merchant banking.

CGI's business model is unique. It acts as a financial services concierge for its 1,200 active clients. Most of its clients are successful, extremely busy entrepreneurs. They run their own companies & earn in the general range of $750,000 to $10 million annually.

CGI's clients are frustrated with the legal, accounting, & financial services available to them. That's because they receive too little attention to & understanding of their needs, & have too little time to coordinate the relationship between the many advisors they deal with.

CGI offers a single solution its clients just can't find elsewhere. It offers tax minimization, asset protection, merchant capital & capital sourcing services, insurance, mortgage banking, & corporate structuring & restructuring advice. It plans to add private banking, asset management, venture capital, & broker-dealer services. CGI can satisfy a client's needs with a single phone call. The client doesn't have to coordinate independent attorneys, CPAs, tax advisors, mortgage bankers, or other disciplines. The key to CGI's model is prompt, accurate, & efficient service, with robust client service reporting & response systems that cut across all disciplinary lines to satisfy the client's needs. 

PMMT is profitable. According to the company's news release dated 7/23/2002, CFO Drew Roberts said re its Q2 ended 6/30/2002: "This financial report represents the first financial statement for Precom since its acquisition of Saddleback Finance, Inc. on June 1, 2002, & the acquisition of a controlling interest in Precom itself in April, 2002 by CGI International. We are pleased that we are able to report both positive earnings & net assets after such a short operating period. Due to the recent acquisitions, we have requested our auditors to audit these figures, & we expect to issue audited financial results shortly. We do not expect to report any significant differences in the audited reports."

The release also noted that on a consolidated basis with CGI International, PMMT's parent company, results of operations for Q2 reflect net income before tax of $889,973 on revenues of $1,959,562, total assets of $7,151,062 & net equity of $5,159,090. 

Disclaimer: The public companies covered in the Special Situation section of www.WallStreetCorner.com and/or in the Emerging Growth Opportunities By Industry section of www.Small-CapTrader.com pay an annual cash fee of US$5,000 to US$7,500 (depending on the length of the contract & method of payment they choose) for such coverage. Information displayed by WallStreetCorner or Small-Cap Trader does not constitute an offer to buy, sell, or trade a security of any kind, including stock. Neither Larry Oakley, and/or WallStreetCorner, and/or Small-Cap Trader recommend that any person, institution, or other entity make any decisions or form any opinions, etc. based on the information on these sites. All visitors to these sites are urged to consult a qualified financial professional before taking any actions in regards to buying, selling, or trading securities (stocks or other forms of equity). Companies covered in Conservative Speculator, a newsletter accessed from WallStreetCorner, or in any of Larry Oakley's other editorial venues (Opinion, Weekly Stock Pick, Mid-Week Comment, Special Reports, & Small-Cap Pick of the Week columns, & any alerts he chooses to disseminate, & in any other editorial venue Larry contributes to) do not pay for such editorial coverage; the companies Larry covers editorially have never, do not now, and never will be charged for editorial coverage. WallStreetCorner.com / WallStreetCorner.com, Inc. 

To Link Directly To The Complete Report, Click Here.

*Please note that the preceding excerpts from 'Current Weekly Stock Pick' of PMMT by Larry Oakley appearing on WallStreetCorner.com were originated at WallStreetCorner.com by Larry Oakley and are used here solely as an informational example and referral to Larry Oakley's WallStreetCorner.com. The opinions expressed in the preceding piece are not those of StockUptickTicks.com and StockUpticks.com in no manner endorses the opinions of WallStreetCorner.com and/or Larry Oakley. 
 

TO CONTACT PMMT 

CGIs principal offices are located at 2255 Glades Road, Suite 324A, Boca Raton, Florida 33431. 

CGI also maintains offices at 2755 East Cottonwood Parkway, Suite 600, Salt Lake City, Utah 84121. 


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Stockupticks Safe Harbor Statement: Statements contained in this document, including those pertaining to estimates and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made.

Disclaimer: StockUpTicks.com is a property of Market Pathways Financial Relations Incorporated (MP).  The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness.  Past performance is no guarantee of future results. This report is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision.  MP has been compensated with 300,000 shares of PMMT common stock by Octagon Adventures Ltd. for preparation and distribution of this report and other advertising services. This constitutes a conflict of interest as to MP’s ability to remain objective in its communication regarding the subject company.  Write or call MP for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934.  MP is not an investment advisor and this report is not investment advice.  This information is neither a solicitation to buy nor an offer to sell securities but is a paid advertisement.  Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results.  The opinions contained herein reflect our current judgment and are subject to change without notice. MP and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned.  Information contained herein may not be reproduced in whole or in part without the express written consent of Market Pathways Financial Relations Incorporated.

 
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