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  • Sub Penny OTC & OTCBB Breaking News Technical Analysis Update for April 30th 2010 Lecere Corporation (OTC) LCRE

    Written by: Dana Salvo

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    Boca Raton FL, www.TheStockWizards.net a Top Penny Stock Newsletter & Investor Relations Firm that brings a wealth of trading resources to Small Cap Investors, has compiled a list of stocks on the OTCBB, Pink Sheet & NYSE Markets that have positive technical indicators and may provide continued trading opportunities for investors.

    Lecere Announces Pilot Project Kickoff at Nepo 42 in Portland, Oregon

    PORTLAND, Oregon, Apr 30, 2010 Software start-up Lecere(TM) Corporation (Pink Sheets:LCRE) (www.lecere.com) has announced that it will begin a pilot project on May 3 to evaluate its initial SaaS Point of Sales offering at Nepo 42 (www.nepo42.com) in Portland, Oregon.

    According to Jim Morris, Chairman and CEO of Lecere, “We are gearing up for the initial release of our software. We have initiated a pilot project at our first restaurant customer, Nepo 42, in Portland, Oregon. Nepo 42 will use the Apple iPod Touch and the new Apple iPad device. The use of these two devices has lowered the startup hardware cost for Nepo 42 to under $2,000. There is no initial cost for Lecere’s FIRMS software, so the cost of a few Apple products at under $2,000 represents the full amount of the cost to get a modern POS system up and running at Nepo 42. Contrast this with an upfront cost of about $20,000 to install a traditional, on-premises POS system with its heavy, non-movable POS terminals, printers, and back-office servers.”

    Nepo 42 is a new pub located in Northeast Portland’s Concordia neighborhood. The Concordia neighborhood includes most of the Alberta Street Arts District and Concordia University, a private, Lutheran, liberal arts institution in the Concordia University System.

    Matt Firosz, general manager of Nepo 42, had this to say about Lecere’s FIRMS Software and the soon to be initiated FIRMS pilot project at Nepo 42, “We are very excited to finally have our needs and dreams met with a Point of Sale system that will increase the speed of our service while not over burdening us with expense. In the last year, we have looked at all the options for Point of Sale solutions without any of them hitting all the correct needs and ease of use.

    “FIRMS offers us just the right tool to get our guests the experience they expect with the performance and reliability of a standard system. Using the iPad and iPod touch will enhance our sales and productivity and allow us to collect the data in a real-time way. This will give us the opportunity to make on-the-fly decisions without having to use cumbersome, outdated methodology to gather the information we need.

    “My staff and I cannot wait to get this in the restaurant. Every day they are chomping at the bit to use this new tool.”

    Said Morris, “We completed our initial software release on time on April 30, as promised. We are excited about our initial pilot project at Nepo 42, and we intend to make Nepo 42 the first of many successful customers. We have at least a dozen restaurants interested in using our software after the pilot project is complete, but we want to focus all of our initial efforts on making Nepo 42 successful before we make the software available at more restaurants. Most of these dozen restaurants contacted us directly after we posted the YouTube video (http://www.youtube.com/watch?v=JkWgk-vaJR8). We are seeing big demand for our product, but we must walk before we can run.”

    Technical Outlook:

    LCRE  Broke through the Psychological Resistance level of .001 a few days ago, and has gained over 100% since doing so. Traders and Investors will be using .0015 and the psychological .001 as their support levels going into next week’s trading. TSW alerted  their subscribers and followers right before the breakout occurred and was easy money in the bank for us. Read Here http://bit.ly/lcrem2pw LCRE is trading down 16% on 239 million shares traded in the morning session.

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    Forward-Looking Statement: This press release includes “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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    April 30, 2010 @ 2:20 pm Trackback URL Posted in Hot Stocks and tagged with , , , .