ADVC - It Looks Like A Few Are Listening

Do a search for AVEE and ADVC on this blog and you will see how bullish we've been on this stock.  First off they just announced an impressive cash dividend, which comes on the heels of last years cash dividend.  Who says you need to buy a NYSE stock to get a dividend?  ADVC issued last month, what amounted to, at the time, a 22%+ dividend for shareholders.  The guru related this information, yet it has taken a while for investors to digest it.

http://pennystockgurus.blogspot.com/2009/10/avee-amazing-stock-that-has-somehow.html

http://pennystockgurus.blogspot.com/2009/10/avee-keeps-on-growing.html

Since the guru alert on this stock, its price has risen to multi-year highs.  Shareholders are not only enjoying 100%+ gains, but they also will reap a generous dividend from a growing, profitable, cash-flow positive company that has been giving back some of its gains every year.  Who can ask for more than that?

To top it off the company is doing a forward split that will add more liquidity to the stock and likely draw more investor interest.  Looks like anyone who listened to the guru is making out like a bandit these days.

Here is the ADVC 3 year chart.  Notice where the guru pointed this one out, look close you'll see those big candles to the upside near the end of the chart.

ADVC remains a long term buy and hold.  ADVC 3rd Quarter results are below:

Advant-e Corporation Announces Third Quarter 2009 Results


--Company Reports Net Income Increase of 28% and Revenue Increase of 4% over Third Quarter of 2008
DAYTON, Ohio, Nov 12, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: ADVC) today announced financial and operating results for the third quarter of 2009. The Company provides Internet-based Electronic Data Interchange services through Edict Systems, Inc. and sells electronic document management software and services through Merkur Group, Inc. Edict Systems and Merkur Group are wholly owned subsidiaries of Advant-e Corporation. For the third quarter of 2009 the Company reported revenue of $2,158,016, a 4% increase, compared to revenue of $2,067,253 in the third quarter of 2008. Revenue from Edict Systems increased by $83,284, and revenue from Merkur Group increased by $7,479.
Net income for the third quarter of 2009 was $316,678, or $.05 per share, a 28% increase compared to net income of $247,079, or $.04 per share, for the same period in 2008.
Jason K. Wadzinski, Chairman of the Board and Chief Executive Officer, remarked, "We continue our trend of strong cash flow and I believe we performed well in a sluggish economic environment. Both Edict Systems and Merkur Group reported increased revenue in the quarter compared to last year. While Merkur's revenue growth was nominal, Merkur did contribute considerably to our net income."
"Due to current economic realities, our automotive related revenue declined 13% in the quarter, and software sales from Merkur are still affected by delayed purchasing decisions and the impact of budgetary constraints by potential customers," continued Mr. Wadzinski. "I believe that our significant value proposition and the great people we have at both Edict and Merkur will allow us to weather the current economic environment. I also believe that we are well positioned for sustained growth when the overall economy improves."
The Company announced on October 30, 2009 that its Board of Directors has authorized a ten-for-one stock split of the Company's common stock. All shareholders of record on November 30, 2009 will receive 10 shares in exchange for each share held on that date.
The Board of Directors also declared the payment of $.03 per share (after the ten-for-one stock split) cash dividend, payable in three installments of $.01 each by no later than December 31, 2009, June 30, 2010, and December 31, 2010. The record date for each dividend will be announced separately on dates to be determined by the Board of Directors of the company.
About Advant-e Corporation
Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.
Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company's email is advant-e@edictsystems.com.