NeWave...NeWave...Commerce Planet
Name change, Symbol Change, Rally stays the same...On April 7th, Commerce Planet, Inc. (OTCBB:CPNE) at $0.22.
Today, CPNE closed $0.60, it’s highest level since November of 2005!
Commerce Planet, Inc (OTCBB: CPNE), formerly NeWave Inc., continues its explosive ride higher. CPNE is currently trading at its highest levels since November 2005. Trading volume is increasing, follow through is increasing and so are the number of eyes watching this company. The company continues to impress the investment community with a seemingly endless barrage of encouraging corporate announcements. The ideal combination of incredible revenue growth ($3,932,343 in Q1 2006), record membership expansion (46,000 new members in May), and key strategic acquisitions (acquired One Source Imaging (OSI), a B2B media design firm) are facilitating Commerce Planet’s transformation into a virtual ecommerce powerhouse.
The company has also met its strategic objective to repay 50% of corporate debt by the end of 2006 within the first five months of the year and is well-positioned to liquidate all corporate debt in the near term, a very positive indicator of the company’s future growth and long term financial outlook. Please visit www.commerceplanet.com for more information on this dynamic organization.
Today, CPNE closed $0.60, it’s highest level since November of 2005!Commerce Planet, Inc (OTCBB: CPNE), formerly NeWave Inc., continues its explosive ride higher. CPNE is currently trading at its highest levels since November 2005. Trading volume is increasing, follow through is increasing and so are the number of eyes watching this company. The company continues to impress the investment community with a seemingly endless barrage of encouraging corporate announcements. The ideal combination of incredible revenue growth ($3,932,343 in Q1 2006), record membership expansion (46,000 new members in May), and key strategic acquisitions (acquired One Source Imaging (OSI), a B2B media design firm) are facilitating Commerce Planet’s transformation into a virtual ecommerce powerhouse.
The company has also met its strategic objective to repay 50% of corporate debt by the end of 2006 within the first five months of the year and is well-positioned to liquidate all corporate debt in the near term, a very positive indicator of the company’s future growth and long term financial outlook. Please visit www.commerceplanet.com for more information on this dynamic organization.
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