SofTech Inc (EM) (SOFT)

https://ih.advfn.com/stock-market/USOTC/softech-inc-pn-SOFT/stock-news/81017590/termination-of-registration-of-a-class-of-security

what does this mean

https://ih.advfn.com/stock-market/USOTC/softech-inc-pn-SOFT/stock-news/81017590/termination-of-registration-of-a-class-of-security

what does this mean

8k out. Auction for RM http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12287514

This significant contract award is the result of a two-year effort which included a successful pilot program that was developed by SofTech and AgustaWestland utilizing best in class technologies and expertise to improve Advanced Configuration Management methodology on AgustaWestland’s existing processes for managing common parts across product platforms.

LOWELL, Mass.--(BUSINESS WIRE)-- SofTech, Inc. (OTCQB:SOFT), a leading provider of enterprise technology solutions and consultancy services, announced today that it has received a major contract from Finmeccanica-AgustaWestland, one of the leading rotorcraft manufacturers worldwide. AgustaWestland is a subsidiary of Finmeccanica, a company that generated more than Euro 14.6 billion of revenue in its prior fiscal year.

Low floater

About SofTech
SofTech solutions are proven to optimize performance and deliver measurable business results. Our professional services group leverages business and technical expertise to develop value-driven, creative solutions resulting in long-standing client relationships.

new writeup on SOFT

I wrote a post on my blog about SOFT following the recent PLM Business sale

http://www.nonamestocks.com/2016/11/soft-has-big-plans.html

This sounds like giant news for this tiny float tiny volume company

Yeah agree . I love these little low floater , but this one has been super quiet..
I'm trying to get more info on that contract..
Going to try to get someone at investor relations Tuesday
If this contract anything sizeable could be interesting
Cheers
...

Read the latest 10q, grabbed a chunk on Friday on the contract news. The float on this is insane so gotta have balls as it's super low volume and big swings. Like the odds here but could go either way.

Own 1k from a while ago..
Just saw this news , if contract for real this could move, might pick up little more if breaks out
I think it once went above 10 long time ago?
Any one else still in this one?
Cheers

Saw it, but they do not mention how much this contract is worth!

Grabbed some off news, moves on air.. We shall see.

SofTech Announces Significant Contract Win

LOWELL, Mass.--(BUSINESS WIRE)-- SofTech, Inc. (OTCQB:SOFT), a leading provider of enterprise technology solutions and consultancy services, announced today that it has received a major contract from Finmeccanica-AgustaWestland, one of the leading rotorcraft manufacturers worldwide. AgustaWestland is a subsidiary of Finmeccanica, a company that generated more than Euro 14.6 billion of revenue in its prior fiscal year.

This significant contract award is the result of a two-year effort which included a successful pilot program that was developed by SofTech and AgustaWestland utilizing best in class technologies and expertise to improve Advanced Configuration Management methodology on AgustaWestland’s existing processes for managing common parts across product platforms. SofTech implemented a solution utilizing Aras Innovator plus technologies from T-Systems and Kisters, together with their professional services teams. This solution highlighted the potential to dramatically improve AgustaWestland’s design to delivery process; with this award, SofTech will build out the full solution.

The AgustaWestland Family concept features inherent growth capability with each product within the Family set to benefit from the latest innovations installed into the other models. AgustaWestland will capitalize on this new philosophy and commonalities for new developments. AgustaWestland will apply the same approach to new commercial products as it expands the Family range in the future. This implementation will support the AgustaWestland Family initiative, while continuing the use of their legacy systems, with greatly improving efficiency. A successful completion of this phase of the contract will likely result in a much larger rollout of the solution at AgustaWestland over time.

Joe Mullaney, president of SofTech, said, “As we implement this methodology at AgustaWestland we will begin to promote it to other enterprises that have been looking into modern solutions to more effectively manage their bill of materials. The inflexibility and architecture of some legacy systems used throughout the aerospace and automotive industries contribute to the problem we are solving for AgustaWestland. We expect that this will be a significant growth opportunity for SofTech.”

About SofTech
SofTech solutions are proven to optimize performance and deliver measurable business results. Our professional services group leverages business and technical expertise to develop value-driven, creative solutions resulting in long-standing client relationships.

Over 100,000 users benefit from SofTech solutions, including ACCO Brands Corporation, Esterline CMC Electronics, Goodrich, Honeywell and the U.S. Army. Headquartered in Lowell, Massachusetts, SofTech (www.softech.com) has locations and distribution partners in North America, Europe, and Asia.

SofTech is a registered trademark of SofTech, Inc. All other products or company references are the property of their respective holders.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20160212005688r1&sid=acqr7&distro=nx&lang=en

View source version on businesswire.com: http://www.businesswire.com/news/home/20160212005688/en/

SofTech, Inc.
Sarah Garagliano, 978-513-2712
Product Marketing
sgaragliano@softech.com

Source: SofTech, Inc.

© Copyright Business Wire

what a scam pushing this today. Pays to have someone on the inside.

You need to scan for volume changes. Groups load quietly on low volume over a period of time. Scan for relative volume changes. That will get you in ahead of the pump.

Isn't anyone seeing this! Stock is up 94%!

SofTech, Inc. (OTCQB: SOFT), a proven provider of Product
Lifecycle Management (PLM) solutions today announced its second quarter
fiscal year 2014 operating results. Revenue for the three months ended
November 30, 2013 was approximately $1.41 million as compared to
approximately $1.77 million for the same period in the prior fiscal
year. Net income (loss) for the current quarter was about ($44,000) or
($.05) per share compared to net income of $252,000 or $.25 per share
for the same period in the prior fiscal year. The sale of the Company’s
CADRA product line was completed on October 18, 2013, which accounted
for most of the revenue decline.

EBITDA for current quarter was about $3.37 million as compared to about
$369,000 for the same period in fiscal year 2013. The EBITDA in the
current quarter was generated from the sale of the aforementioned CADRA
product line.





As disclosed in the Form 10-Q filed with the Securities and Exchange
Commission and in our Form 8-K filed on December 11, 2013, subsequent to
the end of the fiscal quarter, the Company entered into an agreement
with its lender to amend its loan agreement pursuant to which a portion
of the cash generated from the CADRA product line sale was used to
reduce the principal of the loan by $1.7 million.

“The current management team purchased a controlling equity interest in
the business in March 2011 when the Company was facing what appeared to
be insurmountable issues on multiple fronts,” said Joe Mullaney,
SofTech’s CEO. “The sale of the CADRA product line during the current
quarter and the resulting improved liquidity represents a transformative
event for the shareholders. The management team is committed to
continuing its efforts to carefully and systematically explore
alternatives for maximizing shareholder value,” he added.

Mullaney continued: “Since March 2011 we have completed the following
actions that we believe have enhanced shareholder value:

Sold the AMT product line in May 2011;

Sold the CADRA product line in October 2013;

Sold five patents in the PLM space to Acacia Research Group and
retained a 30% interest in future recoveries in two transactions in
early fiscal 2013;

Filed or acquired four new patent applications;

Developed and launched the Connector technology platform that provides
a bi-directional bridge between third party CAD and PLM technologies;

Entered into partnership agreements with Aras and SpaceClaim;

Increased our market opportunity for our professional services
resulting in profitable revenue growth for our Consulting business
group; and

Repurchased approximately 16% of our outstanding shares.

The above actions have significantly increased our liquidity, reduced
our debt and our financial risk. We have a fantastic customer base,
solid recurring revenue, future cash flow from the CADRA product line
both as a reseller and from contingent royalty payments, new products
coming on-line and tax assets with a value in excess of $20 million. We
will continue to strive to unlock the value of these assets for the
benefit of our shareholders.”

The Company also announced that it entered into a five-year office lease
for about 9,100 square feet for its new corporate headquarters at 650
Suffolk Street, Lowell, MA. The office is part of the historic
Wannalancit Mills, a 19th century textile mill located
alongside the Northern Canal in Lowell. “The 14 foot ceilings, high
windows and brick-and-beam design were very appealing,” said Bob
Anthonyson, Vice President, Business Development. “The close proximity
to downtown Lowell and the University of Massachusetts Lowell Campus are
added benefits that we hope to take advantage of in the future,” he
added.
FINANCIAL STATEMENTS
The Statements of Operations for the three and six-month periods ended
November 30, 2013 compared to the same period in the prior fiscal year
are presented below. A reconciliation of Net income (loss) to EBITDA, a
non-GAAP financial measure, is also provided.
Statements of Operations(in thousands, except % and per share data)For the three months endedNov. 30,Nov. 30,Change20132012$%
Product revenue

$

376

$

478

$

(102

)

-21.3

%

Service revenue

1,038

1,194

(156

)

-13.1

%

Royalties on sale of patents

-

100

(100

)

-100.0

%

Total revenue

1,414

1,772

(358

)

-20.2

%

Cost of sales

292

347

(55

)

-15.9

%

Gross margin

1,122

1,425

(303

)

-21.3

%

Gross margin %

79.3

%

80.4

%

R

Anyone expecting anything out of this today?

Thats a big help. I can see why you have over 9k posts.

Try opening a TDA account you get think or swim platform . Open the account with. $100.00 then withdraw your $100.00 if you have to . Then you can use the level 2 for free :)

Thank you Tripil7z. I cant scan penny stocks volume I have scottrader which does not allow me to.I need to pick one stock to know volume in OTC stocks. Your patience is appreciated.

I scan for un usual volume :) then I tell my Skype room hey ABCD is getting unusual volume then they say hey I heard that one is going to run then I know it's getting loaded ;) then boom emails came out over the weekend and Gapper .

Why do you say I'm not willing to share ? I'm publicly telling you my secrets !

Who told you to watch SOFT? Do you watch every volume chart? You dont want to share"

Expecting anything more out of this stock?

Because. You see the zero to low volume before the price went up ? Then all the sudden volume came in on no news ? That was the pump group buying it . Then they alerted it .

Volume bars my friend look at the volume bars. So why looking at SOFT volume bars?

Volume bars my friend look at the volume bars

Why would you be charting SOFT.

Why would you be charting SOFT.

There's only one thing to watch on a chart .

VOLUME

What tipped you off to the preload? I mean I saw the breakout on Jan 2nd after it broke the $2.50 resistance, but I had no Idea it would get pumped this hard over the weekend.

Because I spotted the preload from these promoters when they were buying before the pump came out :)

Tripil7z You bought on 01/02/2014. Why?

Looking great here . My first buy was $2.75 :)

anybody know level 2

Timber

An email pump from Research Driven Alerts via icontactmail4.com



An Innovative Tech Company That Recently Sold Their
CADRA Product Line For AnAggregated
Consideration Up To $3.95 Million

***100% Short-Term BUY SIGNALS***
"According to barchart.com"


New Potential High Flier: SOFT

KEY METRICS

SOFT - OTCBB...............@4.00
52-Week Range..............@0.70 - 4.00
Shares Outstanding.......875,135
Market Value..................$1,750,270

Dear Reader,

I am looking at my Level 2 and its telling me SOFT is up +58.97% from yesterdays close!

Are you witnessing this Run?

If not I would Pull up SOFT Now and take a look for yourself

Sincerely,

Research Driven Alerts

Incredible move today!

Movin nicely!~

I sent this on to 20 investors-----none of them could punch any holes in the play , so this will smoke out of the gate [this is very rare ] if they pony up----100% by noon !

$SOFT up %16 on 9,000 shares .


Can we please have a 500,000-1,000,000 share volume day on Monday :)

$SOFT last sale was $3.95 million. That's just one sale !!!!!!

The aggregate consideration for the CADRA Sale is up to $3.95 million, which is comprised of (i) $3.2 million, $2.88 million of which was paid on the closing date and $320 thousand (representing a 10% holdback) of which will be paid on the one year anniversary of the closing date (subject to any indemnification claims), and (ii) earn-out payments of up to an aggregate $750 thousand over the three-year period subsequent to the closing date, based on 10% of the net revenue generated by the CADRA business, subject to the terms of the Earn-Out Agreement dated August 30, 2013.


Yet the MARKETCAP for $SOFT is $1.75 milly

$SOFT $3.90

Another email update .in this email there is a mention of news in a sale that's 3 times more the MARKETCAP !!!!!!!!!!!!!!!!!!!!!!


Another SOFT email (*)

An Innovative Tech Company That Recently Sold Their
CADRA Product Line For AnAggregated
Consideration Up To $3.95 Million

***100% Short-Term BUY SIGNALS***
"According to barchart.com"


New Potential High Flier: SOFT

KEY METRICS

SOFT - OTCBB...............@4.00
52-Week Range..............@0.70 - 4.00
Shares Outstanding.......875,135
Market Value..................$1,750,270



Dear Reader,

ATTENTION: Before we go into this profile I want to remind EVERYONE One Very Important FACT... We are the Big Dogs Bringing you SOFT. Other small fries might tag along and claim credit for this profile. Lets put it this way I am Tiger Woods and they're still playing miniature golf...

So if the consultants who monitor this industry, are gullible enough to believe that a small fry newsletter can bring you a pick as Massive as SOFT could be, its time to pick up your skirt, grab your balls, get your facts straight and lets make some money


SOFT has a Market-Cap of $1.75M, However they will receive up to $3.95M for the sale of one of their product lines!

Does this even make sense?

You are now laying your eyes on a company that received double what their market valuation is on just ONE SALE!

"For the first time since 1998, the Company's cash position exceeds its outstanding bank debt," - John Mullaney, SofTech's (SOFT) CEO. "Our significantly improved financial position will allow us to pursue additional initiatives to increase shareholder value. The proxy statement filed with the SEC seeking shareholder approval for the CADRA Sale details these initiatives and we are very excited about our prospects for profitable revenue growth in the future,"

Click Here To Read Full Article


***SOFT could Explode Tomorrow showing everyone what
TRIPLE DIGIT GAINS Really Looks Like***


I mean any CEO is going to try put out positive news about their company, but when John Mullaney comes out with Positive News you better believe it

Why?

Because when John Mullaney was CEO back in 2001 the company had seen 3 years of negative cash flow

John Mullaney stepped in and implemented "The Turnaround Strategy" that ended this mess that cost SOFT around $10M

But not only that his plan resulted in almost 10 years of positive cash flow

He then turned around Boston Communication Group which was another troubled company, anyways...

This guy might as well be a Superhero, he saved people jobs and helped under performing companies show their best colors

Anyway you get my point, this guy really knows how to rid a company of problems and make every dollar work!

Do you want to hear about the CFO? Probably not... Another Smarty Pants

Barchart.com (Third Party Website) - Awards
SOFT 13 BUY INDICATORS


Business Summary

SofTech, Inc. develops, markets, distributes, and supports computer software solutions for the product lifecycle management (PLM) industry primarily in North America, Europe, and Asia. Its computer software solutions include software technology offerings for computer aided design (CAD), product data management, and collaboration technologies. The company offers ProductCenter, a collaborative PLM solution, which delivers a combination of document management, design integration, configuration control, change management, bill of materials management, and integration capability with other enterprise-wide systems; enables secure management of product information; allows engineers and the design chain to manage, share, modify, and track product data and documents in the product development lifecycle; supports engineering change management and bill of materials management for automating business processes; and enables integration with other business applications, such as enterprise resource planning, supply chain management, and customer relationship management for data exchange across the product lifecycle. It markets and distributes its products and services primarily through a direct sales force and the company’s service organization, as well as through resellers. SofTech, Inc. was founded in 1969 and is headquartered in Lowell, Massachusetts


Can SOFT turn $5,000 into $13,568 Tomorrow?


7 Solid Reasons to Pull up SOFT NOW:

Reason #1: SOFT is realizing increasing volume
Reason #2: SOFT has started a NEW UPTREND
Reason #3: SOFT is in an Industry where companies can expect Explosive Growth
Reason #4: CEO Joe Mullaney turned SOFT around through 2001 - 2006
Reason #5: SOFT could potentially see TRIPLE DIGIT GAINS TOMORROW
Reason #6: The similarities with my last profile that moved over +65.8% is remarkable
Reason #7: SOFT just released Major News on Huge Sale

Let me shoot straight with you - If I was allowed to, I would pull this up right away and start using this information to benefit me in any way possible. Not only me - my friends and anyone else I know

This will make you look like a GENIUS

I couldn't be more confident about a profile like I am about SOFT Tomorrow

I want you to do me a favor...

I want you to write me Friday at 4:00pm ET telling me if you took advantage of SOFT or not

I hope you DO NOT sit on the sidelines on this one - writing me a message at 4pm full of regret!

Take advantage of this! Help others around you also and come of looking like a STUD


SOFT is the Beginning of a Amazing 2014 Filled with
MASSIVE Potential WINNERS!


STOP what you are doing and pull up SOFT now and do your own due diligence and research

Remember you Don't Make Money Passing - The only people I see making money passing are NFL quarterbacks and I don't see a number on your back!




Sincerely,

Michael Stone

P.S. Remember my last profile moved +65.8% that day alone and people actually missed out on this opportunity - don't make the same mistakes, get prepared for SOFT!

















As always do your own research on all profiles that I give. Penny stocks are risky, like most speculative investments. Always view the company websites and base your own opinion.















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Gonna be a wild ride Trip!~

$SOFT 3.90 thank you for that info super huge move on the way . Is it Monday yet ?

post #13 from RED DRAGON LEO .COM ------thougt I better pass it on ------this tip sheet tends to move pps ---low , low float !

Update for 01/03/2014

We recently brought you AFBG up 100% and NHPI a big one that is currently around where we brought it to you.

And for 2014 we were 16-1 before we brought two tough tickers to make money on, ASAB and GLCO.

But overall we have been the best newsletter for 2013 you know what?

Stocks that are going a lot higher. The new one is SOFT. Where is it going? Based on the price actions and candles so far, a lot, lot higher. Can you say five dollars? Seven dollars? Maybe even TEN dollars? We think its possible.

And after SOFT??? We are researching a pick that we think can even exceed the expectations of SOFT.

Watch it closely. We think its going to make the shorts think HARD.

Thanks again and hope to talk again soon

$20. is good~