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-17.62%
(in over 2 years)
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Aggressive
0.00%
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Personal Portfolio
August 28
A multi-subsidiary company in multiple high profile markets
This pick is about: Wavelit Inc. (WAVL)
| Rating: |
$0.072 (08/28/08)
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| Gain/Loss: |
n/a
in
464 days
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Wavelit ( http:// www.wavelit.com ) has grown recently from a video site similar to YouTube, with live feeds of Africa, Birds nests and more, into what most might consider a holding company or business development company. A look through their filings reveals a number of interesting subsidiaries: unmanned aerial vehicles, tv production and editing, and what appears to be an endeavor into electric vehicles, although unconfirmed at this point. (Source: http://investorshub.advfn.com/boards/read_msg.aspx?message_id... ) The next filing and perhaps in some future news release we may get confirmation of this. In addition to the wavelit.com video feed and broadcasting network, Wavelit offers their software systems for sale as well, adding to their revenue stream. Precision Aviation, Inc. (PAI) ( http:// www.precisionuav.com ) is in the business of developing, manufacturing and marketing Unmanned Aerial Vehicles (UAVs) for aerial surveillance and scanning missions. PAI markets these production and custom UAVs to civilian, industrial, governmental, policing and military clients. The most recent press release expands on PAI with a manufacturing facility of their own along with both a brick and mortar store front ( http://preview.tinyurl.com/6yhfy6 ) as well as an established ecommerce site. Steam Horizon Media, Inc. ( http://www.streamhorizon.com ) - taken from their website: Stream Horizon Studios is at the forefront of the Broadband Media Streaming revolution. Headquartered in downtown Vancouver, Stream Horizon Media utilizes industry leading technologies in producing seamless encoded video that provides an unparalleled level of streaming quality over the Internet. Our world-class productions are powered by proprietary software and technologies that replace expensive studio equipment required for conventional broadcasting. This allows Stream Horizon to offer the highest quality production available, at a fraction of big studio costs. Stream Horizon Media has positioned itself to provide new and innovative solutions in content gathering and distribution, providing a comprehensive range of affordable services tailored to suit your needs. Current share structure of 46m shares issued and outstanding and approximately 2.9m shares in the float (as of 21.Aug.08)
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Update 09/18:
Wavelit, Inc. Announces Spin-Off of Subsidiaries Wednesday September 17, 12:09 pm ET LOS ANGELES, Sept. 17 /PRNewswire-FirstCall/ -- Wavelit, Inc. (OTC Bulletin Board: WAVL - News) announces today its intention to spin-off three of its wholly owned subsidiaries: Galaxy Networks, Inc., Galaxy US Networks, Inc. and Stream Horizon Studios, Inc. pro-rata to all of the Company's public stockholders. According to CEO Kent Vaesen, "the spin-off of these subsidiaries will greatly assist in the restructuring of the company from an organizational and financial stand point and provide an upside to our share holders by giving them pro-rata interest in each spin-off company." About Wavelit, Inc. Wavelit's products and services incorporate 3rd Generation streaming video technology and proprietary software to provide video streaming capabilities that allow a TV quality signal to be sent over the Internet or stored locally. Wavelit has developed technology that makes streaming of digital video easy, fast and cost effective and includes tracking software that lets customers know who views their video communications, the length of time they view it and, in the case of archived video, how many times they view it. This information is available for utilization by specific billing and action tracking applications. Forward-Looking Statements Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release. -------------------------------------------------------------------------------- Source: Wavelit, Inc.
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January 28
Legit company, growth potential, heavy trading turnaround possible
This pick is about: OneLink Corp. (OLNK)
| Rating: |
$0.003 (01/28/08)
|
| Gain/Loss: |
-76.67%
in
677 days
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OneLink Corporation is a provider of integrated booking and settlement processing services for travel suppliers and their distributors. Headquartered in San Francisco, the firm is the first of its kind to offer non-airline travel suppliers the ability to distribute a pre-paid product through travel agents worldwide, and to effect financial settlement through a single, online global distribution and financial settlement system. OneLink's mission is to increase the number and quality of online bookings made through global retail travel channels while improving cash flow and reducing distribution costs, ultimately resulting in lower prices for the consumer. http://www.onelinkcorp.com OneLink Corporation announced today that it is establishing a plan to bring its pioneering financial settlement service to the global travel marketplace with a new transaction processing system. After settling the legal and financial aspects of a lender default, OneLink is now in a position to develop a plan to restore business operations and transaction revenue. Trading since late December has been erradic with a lot of downward pressure. It is my opinion that we are on the verge of a trend change with significant upside potential. http://stockcharts.com/c-sc/sc?s=OLNK&p=D&yr=1&mn...
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Update 03/17:
I believe we reached bottom last week and have begun a move up. Light volume has moved the stock up well. A bit of an early call on this one, as we saw a low down to .0005 one day. The trading volume is not indicative of dilution, or very little if so, a good sign imo. I expect this to be a longer term play, but to continue building throughout the year.
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December 24
Oil and Gas exploration play
This pick is about: Sigma Global Corp. (SGGC)
| Rating: |
$0.017 (12/24/07)
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| Gain/Loss: |
n/a
in
712 days
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Over the past few weeks, the price and volume have been on the rise. Last week the company put out a press release indicating the new direction they were taking along with a 'teaser' of some of the things they have been working on. " Since that decision was made, things have progressed rapidly. Very soon we will begin to reveal these developments so that shareholders will also understand this new direction." News release: http://biz.yahoo.com/iw/071218/0341417.html Stockcharts has recently added SGGC to their chart data feed: http://stockcharts.com/c-sc/sc?s=SGGC&p=D&b=5&g=0... Future outlook I believe is bright as the price of Oil continues to push towards the $100+ area. Environmentally responsible exploration and production of Oil within the US borders is vital to the prosperity of the country. Looking forward to additional information to be released by the company.
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Update 12/29:
We continue to see an upward trend. Although there has not been any PR released since the initial one indicating the new direction of the company, we closed Friday, 28th of Dec, at $0.035. Earlier this week the 'initial' website for the company was discovered, http://www.sigmaglobaloil.com . Although not informative at this time, with just a picture of an Oil rig along with the price quote and recent news, it is a new avenue for the company to bring information about itself to the market and is indicative, in my opinion, of more news to come. Chart (Created by RingDaBell from ihub): http://stockcharts.com/c-sc/sc?s=SGGC&p=W&b=5&g=0... Looking forward to additional information from the company throughout 2008. Some key items of interest we are waiting to find out are the location(s) of their project(s), project status (drilling? producing?) and corporate management.
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Update 01/28:
After taking a very nasty hit, the stock has levelled out over the past week and is set to move back up. The company has been working hard to meet it's stated goals for 2008 and just announced the hiring of a competent IR/PR firm. In addition, the company has completed various items required to complete the merger. http://finance.yahoo.com/q?s=SGGC.PK http://stockcharts.com/c-sc/sc?s=SGGC&p=D&yr=0&mn... A number of investors are heading out to meet with the company CEO, Brian Conrad, during the month of February to check out the properties. Completed website, merger, project status and other information is sure to push this stock higher.
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November 28
Energy Drink - Bottling to begin - Undervalued
This pick is about: Bionic Products Inc. (BNPD)
| Rating: |
$0.006 (11/28/07)
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| Gain/Loss: |
n/a
in
738 days
|
| Target: |
$0.02
(+150.00%)
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Bionic's stock price has been pressured down over the past few months. In the last week we have seen it moving up, regaining some of it's composure. The company released a shareholder update on Monday, 26th, detailing various things they have been working on and accomplished. Bionic Products has completed the artwork for the world's largest can manufacturer. The templates and lay flats for Bionic-Tonic's production have been approved so production, based upon financing, can start before the year-end, after the Holidays. A new website is currently under construction and slated for release in support of Bionic-Tonic and Lady Pink shortly after these production runs have commenced. The proprietary vitamin/energy formula from CFC has been shipped and is awaiting the go ahead for full Scale production upon final approval of the bench tests (shelf-life, etc.) The energy drink market has been growing at an exponential rate. Consumers downed 1.9 billion cans of Mateschitz's potion in 2004, generating just about $2 billion in revenue. Just a fraction of that market alone would make Bionic and LadyPink drinks a household name. A move like that could warrant an uplisting of some sort, one would expect. The future of the company looks very bright.
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Update 01/03:
Bionic released news today regarding positive feedback from their New Years promotional campaign. http://biz.yahoo.com/iw/080103/0344482.html This was a soft launch, to the local Tampa, Florida area. I believe this is just the beginning for a strong marketing campaign as the product is not only well received by the market, but the demand is high for such a product. With this promotional campaign, they are handing out samples - limited production runs are already being produced - as the market catches on, I expect to see the price per share increase significantly. http://stockcharts.com/c-sc/sc?s=BNPD&p=D&yr=0&mn...
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November 20
Merger in progress
This pick is about: RTG Ventures Inc. (RTGVE)
| Rating: |
$0.028 (11/20/07)
|
| Gain/Loss: |
n/a
in
746 days
|
| Target: |
$0.15
(+435.71%)
in Three months
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RTGV has been in merger discussions for most of the year. Recent events have indicated the merger is finally reaching closure. The company has relisted to the OTCBB recently. RTG Ventures, Inc. Share Exchange Partner, New Media TV (Europe) Limited, Signs Letters of Intent for 2 Additional Acquisitions RTG Ventures, Inc. (RTGV) Update on and Enhancement for RTGV Shareholders Share Exchange Agreement with New Media Television (Europe) Limited (NMTV)
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Update 11/27:
The past week has shown an increase in volume and accumulation. A move over the .03 mark will continue to strengthen the market. The chart shows the 50 day moving average is continuing to move up steadily. 30 day avg volume is increasing as well. RSI is around the 50 mark, plenty of room to go up and the MACD is close to crossing. As we move and close over .03 we'll see that cross happen imo.
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Update 12/07:
This morning, RTG Ventures, Inc., released an update on the merger that is currently in progress. Atlantic Network Holdings Limited is made up of a number of both private and public companies. The original merger agreement did not include all the private entities. epaypoint, one of the wholly owner subsidiarys of Ecommercenet, has turned out to be a major revenue generating component of Ecommercenet. Along with adding to the revenues of RTG Ventures (soon to be rename NMTV, Inc), the inclusion also simplified a number of items in regards to the merger including corporate governance, transparency and reduces complexity of the final entity. Ecommercenet brings positive net assets to the merger, creating a much more robust entity with a well rounded, one stop shop brand name for its customers. From today’s PR: An Amendment to the Share Exchange Agreement dated March 20, 2007, to include Ecommercenet will be filed. The share structure will not change, with RTGV shareholders receiving 42,435,315 shares of NMTV at closing. The Business Plan will be expanded accordingly. RTGV has met all of its Conditions of Closing, and NMTV expects to complete its conditions, which are expanded by the inclusion of Ecommercenet, in January, 2008 with a Closing Date thereafter. An 8-K, required within four days of closing, will be prepared after all Conditions of Closing are met, and filed coincidentally. RTGV has satisfactorily completed its audit by Sherb & Co. LLP for the fiscal year August 31, 2007, and the requisite 10-K will be filed by December 15, 2007. As RTGV proceeds with the merger through 2008, I expect to see continued strength in the stock.
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Update 01/28:
RTG Ventures, Inc. (RTGV.OB) has entered into a Share Exchange Agreement with Atlantic Network Holdings Limited (ANHL). After the Share Exchange Agreement closes, RTGV, Inc., will be renamed NMTV, Inc. RTGV has met all of its Conditions of Closing, and NMTV expects to complete its conditions in January, 2008. Atlantic Network Holdings Limited has a net asset value of $7,869,987 as of its last audit. The organization of the resulting company is as follows: NMTV is a media venture utilizing a new exclusive broadband technology which delivers multicast transmissions ensuring TV quality without buffering or freezing. Its infrastructure is comprised of an established studio complex outside of London with six operational subsidiaries, an investment vehicle which owns the freehold on the studio property, a television production operation which has joint venture agreements with 15 internet channels, and a payment system geared to the internet and designed to accommodate exponential demand for media and is a natural extension for NMTV. Initiatives are also underway in Reality TV and ongoing natural history filming. Other subsidiaries hold film interests via script rights. epaypoint plc is the valuable brand name for the Company’s on-line, mail order and retail credit card verification and transaction service. epaypoint.com provides one of the most complete transaction processing services in the industry rather than just a credit card verification offered by many competitors coupled with a customer friendly orientated approach to both start up companies, SME’s and major customers alike. The company is negotiating an agreement to acquire Web-Pay Limited and will then have two valuable brand names epaypoint.com and web-pay. Web-pay is an on line credit card processor with a number of merchant clients. New Media Studios Limited has a long Lease on film studios just outside Oxford. These studios have historically been involved in the making of natural history films and TV programs with Oxford Scientific Films main base over the last 40 years. New Media also has an agreement with Global-MIX Limited for the exclusive resale of multi-cast broadband television channels by associate Atlantic Television Limited and the operation of subscription channels by subsidiary Research Services International Limited. Two of New Media’s Directors are involved in natural history program making and filming and both hold licenses to keep and handle dangerous and exotic animals. New Media will specialize in providing a full range of facilities for natural history film makers and TV program makers, including a large filming tank and lapsed time studios, along side the provision of facilities for the programming of TV broadcasting for ATV’s joint venture partners. Atlantic Television Limited is the first multi-cast broadband television network in the world. Atlantic and its associate New Media, have 2 Agreements with Global-Mix Limited the developers of this unique system. Currently completing the testing phase while the studios are adapted, they have introduced the new broadcasting technology by showing the recent production of White Noise; a film scripted by rising star Nail Johnson, a board member of one of the media companies within the Atlantic Network Holdings Group. White Noise reached second spot in the ratings charts over the first weekend of release in the US in January 2005. A second test channel for group “retail” by subscription is currently being test marketed. As well as operating their own stations in the near future they will be offering to manage & broadcast Channels on behalf of other Companies from the studios in Oxford. Purple Haze Productions Limited (“PHP”) enjoyed considerable success as the writer of “White Noise” which on first weekend of release in January 2005 achieved second place in the box office ratings. PHP currently has two film projects at the pre production stage, (one scripted by Johnson and the other “polished”) and optioned to larger production companies on a Producers Profit share agreement. William Tell – The Untold Story; a US $40 million budget film sold to Tusk Productions. The rights entitle PHP to US $250,000 on the first day of principle photography, less associated writers and producer fees, leaving a net balance of approximately US $150,000 to the company. The company will also be entitled to 4% of Producers Profits (approximately 2.5% of total net profits). The Gatecrasher; a US $6 Million budget sold to Meteor Pictures. The rights entitle PHP to Sterling £50,000 on first day of principle photography less Sterling £5,000 associated producer fee. The company will also receive 4% of Producers Profits (again 2.5% net). Moonlite has one script under development (current title “For Love or Money”) another Niall Johnson project and one film with a residual income following general release in 1998. It is anticipated this will produce a further US $200,000 revenue in the coming years. PHP also has an option on Panama, a political thriller script based on the French political scene post collapse of the French Canal Construction Company. Research Services International Limited designs, constructs and develops internet sites for the corporate as well as niche markets. RSi also own a number of domain names which are being licensed out to other parties for development and use. RSi is also developing an image library both by way of investment and production, and will seek to expand this activity while working out of the New Media complex at Long Hanborough, Oxfordshire and is negotiating for use of the latest on-line, proven, software. It is intended that RSi will be the vehicle for the group operation of the subscription multi-cast broadband television channels, a substantial profit centre as well as an excellent showcase for the re sale of other channels. Within 2008, it is expected that 2-4 acquisitions will take place, coincident with the organic growth projected. A condition of the Definitive Agreement is there will be no dilution in the first six months.
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Update 03/20:
RTG Ventures, Inc. Updates Status of Share Exchange Agreement With Atlantic Network Holdings Limited Friday March 14, 1:06 pm ET NEW YORK, March 14 /PRNewswire-FirstCall/ -- RTG Ventures, Inc. (OTC Bulletin Board: RTGV - News) is moving forward towards closing the Share Exchange Agreement with Atlantic Network Holdings Limited (ANHL). The ANHL 3-year audit, in process, has taken a protracted amount of time to conclude because of the addition of Ecommercenet Limited et al in December, 2007, and the complexities of a vertically-integrated media venture which is international in scope. The entities are separate, but are then consolidated for balance sheet purposes. The diligence applied is not only required, but is in the best interests of the shareholders. However, the officers of RTGV have taken the opportunity to reassess each parameter of the transaction as it evolves in order to ensure that the shareholder's position is optimized whenever possible. To that end, two enhancements are being initiated which clarify the share structure and include additional information in the audit process. The 75/25 share apportionment of the resultant company, New Media Television, Inc. (NMTV) between ANHL and RTGV respectively, will be provided as follows: 75% of the new shares will be issued as ownership shares in the form of Preferred Shares(PS), with voting rights of 100 to 1, which will be convertible to common stock after a minimum of one year. The post-merger effect is the outstanding shares will only include those provided to RTGV shareholders, or 42,435,315 shares as stated in the Amendment to the Definitive Agreement filed on December 21, 2007. Certain ANHL assets are to be assessed under an independent Fairness Valuation as the anticipated accretion since the last audit of ANHL as a private company has been significant. The result is then included in the audit to GAAP standards and the Super 8-K. Both of these actions will strengthen the financial profile and transparency with the investment community, as well as position the NMTV shareholders very positively going forward. Mr. Barrington J Fludgate appointed as Chairman of NMTV coincident with the Share Exchange completion, will take on the additional role of Chief Executive Officer upon closing. Mr. Fludgate commented: "NMTV has been structured to provide maximum return to the shareholders. In today's highly volatile economic environment, companies are subject to a credit squeeze and uncertainty regarding their ability to successfully execute their Business Plans. That is not the case with NMTV and we appreciate our shareholders patience as NMTV approaches closing. We consider our venture to be a recession-proof business, which will grow organically and by acquisition. We look forward to demonstrating our commitment to our shareholders through some very exciting plans for our first year as a public company." The Company will continue to issue updates as information becomes available. We expect to set a closing date shortly.
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Update 08/29:
RTG Ventures, Inc. (RTGV) and Atlantic Network Holdings Limited (ANHL) to Close Share Exchange Agreement On September 17, 2008 This headline was released in June. My conversations with the company lead me to believe we are on track for this date. I believe as September rolls around we are going to see an increase in liquidity as well as a move up on the charts. Looking forward to a lot of developments after the merger is completed.
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Business plan execution begins with Pinksheets filings
This pick is about: Drake Gold Resources Inc. (DKGR)
| Rating: |
$0.005 (11/20/07)
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| Gain/Loss: |
n/a
in
746 days
|
| Target: |
$0.10
(+1900.00%)
in Six months
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DKGR has been listed as a 'buyer beware' on pinksheets for a long time now. The company has cleaned itself up, filed their unaudited financials and answered all the questions pinksheets requires for be listed as 'current information' with lawyer signatures to back it up. On watch for news and developments as the company moves forward. Management has indicated their desire to be fully transparent moving forward and the Pinksheets current information designation is the first step. The company has already reduced shares from the O/S and plans to continue to strengthen shareholder value through the execution of its business plan.
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Update 11/27:
A reduction of the outstanding shares as well as the authorized shares bodes well for the company and shareholders. This was released on the wires yesterday. Drake Gold Resources (Other OTC:DKGR.PK - News), with the help of company President John Marconette and CFO Thomas Conar, has undertaken a comprehensive plan to develop a strong corporate structure. The first step of this plan, bringing up to date current filings and becoming a "current information provider," was completed recently (See PR of 11/20/07). We are now pleased to announce to our shareholders our second step: a decrease of both authorized and outstanding shares of Drake Gold Resources, Inc. The Outstanding Shares has been decreased from 878,156,800 shares to 808,156,800 shares. (An additional 20-million share cancelation will follow pending paperwork finalization.) The Authorized Shares has been decreased from 1,401,500,000 to 950,000,000 (900M common, 50M preferred.) "Very few start-up companies are willing to demonstrate the kind of responsibility needed toward forming a solid share structure. I am proud to say Drake Gold Resources is one of them," said President John Marconette. "We will be sending a message to the market that we are serious in our mining aspirations and our intentions are to set the bar higher than any other company currently trading over the counter."
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Update 11/30:
Drake Gold reports significant gold findings in Georgia. Recent reductions to share structure and a push for full disclosure have moved this pinksheet company onto a number of investors radars. Drake Gold Resources Releases Independent Investigation Reports on Gold Findings in Georgia From Two Independent Geologists. - http://biz.yahoo.com/iw/071130/0334517.html The research reports are all attached on this PDF: http://www.drakegold.com/docs/DKGR-Georgia-Gold-Report-11-30-... Hazen Research, Inc out of Colorado, was hired to test the samples. They are a well known research company that has been around since 1961. Their reporting lends major credibility to Drake Gold's finds. The company is pursuing more land in the vicinity to lock up the possibly extensive vein of gold that has been found. The report shows significant gold found along with a possibly large amount located in the underlying bedrock, for which further sampling will be required. The above noted research report is very extensive and covers in detail the findings, the history of the area and what we can look forward to in the coming months. Mining is just one area of focus for the company. They are also pursuing various Oil & Gas acquisitions and joint ventures.
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Update 12/11:
Continuing to grow their business, Drake Gold has added 2 Silver properties to their portfolio. Here is some of the basic information on the 2 properties: The Wolverine Prospect (4000+ acres) has been assayed in two main mineralized areas, vein 2, in the west mineralized area, assayed 914 gpt (grams per ton) silver and 0.34 gpt gold across 15cm. In the east mineralized area, a sample from a 20cm vein with arsenopyrite and pyrite assayed 12.1 gpt gold and 86.7 gpt silver respectively. The LC2 - AG Prospect (1000+ acres) formally of the Newmont Mining Corporation has returned copper, silver, lead, and zinc results. The main vein, which strikes 029 degrees, dips 85 degreesW and plunges 55 degreesE, is 80m long. Assays from a trench on the vein assayed 9.6% copper, 10.6% lead, 11.2% zinc, 0.33% cadmium and 1,941 gpt silver (approx. 62 ounces per ton). Additional information is available from the Drake Gold website: http://www.drakegold.com/docs/DKGR-BC-Silver-and-Gold-Investi... From the most recent PR: "With the combination of both properties Drake Gold Resources has added more than five thousand acres of mineable land to its holdings. This is essential to the company's plan of diversifying its mining development portfolio, ensuring the company a sound footing moving forward."
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January 03
Reverse Merger - Chinese Insurance Company
This pick is about: Dexterity Surgical Inc. (CHIO)
| Rating: |
$5.05 (01/03/08)
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| Closed: |
10/16/2008
@ $1.85
(-63.37%
in
287 days)
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Recently it was announced that DEXT.OB would be reverse merged with Rise & Grow Ltd., a Chinese Insurance company. In China there are a limited number of insurance companies, with market demand high, the potential for significant growth is very likely. Investment in public chinese companies has been very lucrative for the marketplace. The opportunity to invest into the insurance industry, via a publicly traded company, opens the doors for potentially significant gains. http://stockcharts.com/c-sc/sc?s=DEXT&p=D&yr=0&mn... Outstanding Share count: 40 Million Zhiyuan, founded October 8, 2006, offers online insurance products and services for the emerging Chinese Insurance industry. Its offerings include: -- The first network portal for the Chinese insurance industry (http://www.soobao.cn), which offers industry players a forum for advertising products and services -- Website construction and software development services for marketing teams in the insurance industry -- Insurance agency services (whereby the company generates sales commissions on motor vehicle insurance, property insurance and life insurance) -- Related client support services. Zhiyuan's unaudited financial results for the quarter ended September 30, 2007 showed revenues of $2.3 million and net income of $1.8 million. The company reported cash of $2.2 million, accounts receivable of $1.7 million, and shareholders' equity of $3.8 million. http://biz.yahoo.com/iw/071221/0342890.html
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Update 03/19:
Effective March 17, 2008, the common stock of China INSOnline Corp., a Delaware corporation (f/k/a Dexterity Surgical, Inc. and hereinafter, the "Company") will trade under a new ticker symbol, "CHIO.OB" on the Over-The-Counter Bulletin Board. The Company changed its ticker symbol from "DEXT.OB" to "CHIO.OB" as a result of the Company's name change from "Dexterity Surgical, Inc." to "China INSOnline Corp.", which such name change became effective as of February 26, 2008. http://biz.yahoo.com/e/080318/chio.ob8-k.html Looking forward to some news and likely a ramping up of volume and price as the merger reaches completion and the new company can move forward with their business plan.
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April 04
Profitable company, chart coming up off lows, low share structure
This pick is about: China Ivy School Inc. (CIVY)
| Rating: |
$0.11 (04/04/08)
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| Closed: |
10/16/2008
@ $0.009
(-91.82%
in
195 days)
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CIVY is one of only two ways to participate in the growing private education sector within a Chinese economy that has shown robust growth recently. The other play in the sector is New Oriental Education & Technology Group (NYSE: EDU; $43.00). China Ivy is well positioned to exploit the unprecedented growth the Chinese economy is experiencing. The GDP of Suzhou City was $26 billion in 2006. However, the Suzhou Industrial Park, where Blue Tassel School is located, occupies only 4% of the land, yet contributed 15% to the city’s GDP, according to a government release. Over the past three years, 100% of China Ivy’s high school graduates have passed the rigorous college entrance exam required by all the collegiate programs in China. Based on the school’s success and achievements in robot design aviation and naval ship modeling during a national-level competition, it has been awarded the title of Science and Technology Charter School, a distinguished honor within the education sector. According to the China Statistical Yearbook (2006), only 27.3% of secondary school graduates entered into higher education institutions in 1980. By 2005 that number ballooned to 76.3%. Since 1980, the number of regular institutions of higher education within the PRC has grown from 675 to 1,792 in 2005. With China's booming economy, higher education enrollment has been growing quite rapidly, with a 2000-2005 CAGR of 22.9%. (China Statistical Yearbook, 2006) According to www.chinahr.com, a citizen of China with a bachelor’s degree makes approximately twice as much as an individual with just a high school diploma. Chart lows here: http://stockcharts.com/c-sc/sc?s=CIVY&p=D&yr=0&mn... In February we saw this price move up over .20 on light volume. The company is profitable with $1.3m in Q3 2007. Looking forward to the Q4 filing which has been delayed.
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April 10
Social Networking website experiencing rapid growth, very undervalued
This pick is about: Cavico Corp. (CVCP)
| Rating: |
$0.05 (04/10/08)
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| Closed: |
10/16/2008
@ $0.0015
(-97.00%
in
189 days)
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Letter to the Cody Ventures Corporation Shareholders Tuesday March 18, 8:35 am ET NEWPORT BEACH, CA--(MARKET WIRE)--Mar 18, 2008 -- Cody Ventures Corporation (Other OTC:CVCP.PK - News) Dear Cody Ventures Shareholders: While online advertising growth continues, there are significant benefits of scale in advertising platform economics, in capital costs for search index build-out, and in research and development, making this a time of great growth and development. Today, the market is increasingly segmented by more and more choices and that is why we are convicted that our flagship site, theouterpost.com, can offer a credible alternative for community users, advertisers, and publishers. There are lot developments at Cody Ventures and we have grouped them into four categories for the purposes of this communication: Scale economics: We are looking to release the synergies related to scale economics of our advertising platform across our network of current and future projects. This includes synergies across both search and non-search related advertising that will strengthen the value proposition to both advertisers and publishers. We see it as a chance to consolidate capital spending. Expanded R&D capacity: As an emerging market company we are looking at real cost efficient ways to boost R&D while trying to keep the majority of the core development work internal to Cody Ventures. We try to follow a formula that puts 100% of our development in the United States. Operational efficiencies: We are dedicated to creating a high output redundant infrastructure to ensure uptime and the best possible response for our user base. Emerging user experiences: Our focus that is driving our innovation may see products from Cody Ventures in emerging scenarios such as video, mobile services, online commerce, social media, and social platforms. We believe this proposal represents a unique opportunity to create significant value for Cody Ventures shareholders and employees, and the company will be better positioned to provide an enhanced value proposition to users and advertisers. We know that it has been a bumpy ride but we feel that we are finally in the clear and will have good news corporately, technically and financially over the next several months. As a reference we look at the news we have already delivered: Theouterpost.com flipping 2,000 members. Our college scholarship program. Our continued member contests to encourage site members to invite their friends. Corporations are operating in the most competitive global market that we have ever seen. Technology and the roll out of telecommunications has changed the shape of our world and has provided greater opportunities for people (our customers) to take advantage of products and services that were once unknown and unavailable to them. Increasingly we must constantly find new and innovative ways of improving our business in a rapidly changing environment. This is our commitment. Roy E Cooper, President Contact: Contact: Roy E Cooper Email Contact -------------------------------------------------------------------------------- Source: Cody Ventures Corporation
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April 14
Alternative Energy startup - Water powered systems
This pick is about: Xynergy Corp. (XYNG)
| Rating: |
$0.011 (04/14/08)
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| Closed: |
10/16/2008
@ $0.0
( n/a)
in
185 days)
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Xynergy Corporation Moves Closer to Unveiling "Model T" Hydrogen Generator 2008-04-14 09:00 ET - News Release CARSON CITY, NV -- (MARKET WIRE) -- 04/14/08 Xynergy Corporation (PINKSHEETS: XYNG), the upstart alternative energy company making noise with its bold announcements of its new invention, has predicted its hydrogen generator will become the "Model T" of all alternative energy generators. "We know what we have, and soon, so will the rest of the world," says interim CEO Joseph Emas. "We predict it will be superior to the model we originally anticipated, more dependable, less expensive, more accessible and easier to retrofit. We believe it will set the standard for alternative energy generators, just like the Model T Ford did in the advent of auto making. Although we cannot guarantee our success in the marketplace or acceptance by the public of this means of alternative energy, we believe that in an era of skyrocketing energy prices, and possible recession, our energy generator will help in almost every application requiring fossil fuel, saving consumers substantial money, all while emitting pure oxygen into the atmosphere." Why The Company Remains Protective in Description of Technology, Dissemination of Information We understand the public is anxious for more detailed information and would be pleased to provide it to them. But at the same time we must weigh the need for disclosure of the details of our proprietary technology against the need for product based security and the long term success of producing this revolutionary technology so that it may serve the public and eliminate dependence on foreign oil. We are in a competitive field of monopolies, including large oil companies, who may recognize that our success would be disadvantageous to their profitability and reduce our dependence on their products. Further, they are developing their versions of alternative sources of energy in recognition of the marketplace requirements and demand for such alternatives. Premature disclosure of any details of our proprietary product would provide our competitors with a marketplace advantage that would be adverse to our prospective financial interests. We predict in the very near future, months, not years, that every American will have less expensive, more environmentally friendly and convenient choices to power our cars, boats, homes, industry and small businesses. We believe that the impact on oil consumption will be revolutionary. The cost of fuel domestically has reached market highs; the cost of fuel overseas is astronomical. We intend to provide a product that will modernize fuel consumption and provide a benefit to consumers in the United States and, eventually, abroad. While we cannot guarantee that our product will be as successful as we anticipate or result in exceptional profitability, we believe that we can provide a product that will benefit all consumers. That is our mission and we are dedicated to bringing it to fruition. Until then, we will disseminate information only insofar as to keep the public informed as required by law. We will not endanger the progress and potential of our technology for the sake of doubting bloggers or prospective competitors by giving specific technological secrets or any other proprietary information before its time. Filing of the Form 10, Shareholder Conference Call Date Earlier this year, the company released press that expressly stated our filing of the Form 10 was forthcoming. It was our intention to file within days of that announcement. However, new material developments necessitated a delay in the filing in order to include the material developments in the body of the Form 10. Our audits are complete, and the form 10 is near completion. We will announce shortly the date of filing, as well as the demonstration of some of our proprietary technology. The company will also announce a date for our shareholder conference call and call in number in the coming weeks. ABOUT XYNERGY CORPORATION Xynergy Corporation is a Nevada Corporation engaged in oil and gas exploration and production, investment and development of new domestic energy saving technology and the development of alternative energy solutions. The company was formed with the mission of investing in working and producing wells in hot bed regions of the U.S.as well as natural gas drilling operations that produce rapid, low risk but solid revenue growth. In addition to investing in low risk, profitable existing working operations, the company invests in high probability, innovative technologies that have the potential to produce explosive growth both in top line revenues, but also to impact its market capitalization and stock price. The company will always balance the need to produce profitable and sustained growth, against investing in unique, cutting edge technologies that have the potential to change the way in which the world relies and utilizes its resources to produce energy. The company is currently working in both arenas to establish both short term profitability and long term potential for explosive growth. Finally, the mission of Xynergy Corporation is to be a responsible global corporation that seeks to market and develop green and environmentally friendly product solutions to ensure the long term health and well being of our planet. For additional information on Xynergy Corporation contact info@xynergyusa.com Safe Harbor Disclosure: 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. Contact: Xynergy Corporation info@xynergyusa.com
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August 19
Medspas - Natural enzyme skin treatment company
This pick is about: Medspas of America Inc. New (MEDP)
| Rating: |
$0.0035 (08/19/08)
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| Closed: |
10/16/2008
@ $0.001
(-71.43%
in
58 days)
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I have witnessed this stock trade as high as .019 in recent months and see no reason it should be trading down here at these levels. The share structure has not changed, with approx 12m in the tradeable float per the TA and company. The news has been solid and growth oriented. In addition, the company recently added a new board member, Dr. Bragi, who comes highly regarded in the enzyme field, including patenting the enzyme product used in Medspa's products. Most recent press release goes into some more detail regarding the marketplace and revenue generation the company is looking to pursue. U.S. Market Penetration is imperative to Medspas overall success and we've made significant progress on this front. Our approach has been centered on evaluating multiple merger and acquisition targets by identifying specific fiscal risk factors which include the following criteria: Quantify liabilities, assess historical performance, determine the competitive advantage, and most importantly in selecting the correct demographic locations. "We are confident in our completed assessments and are moving forward to finalizing agreements with several candidates," stated CEO Paul Smith. Capturing the correct mixture of market share is crucial and we feel we're on the right track. The Online Retail Channel will be perfectly complemented by our physical presence throughout the United States. Research from the Luxury Institute supports our business model which surveyed a sample group representing a demographic slice of American households with a minimum net worth of $750,000 (including home equity) and at least $150,000 in annual income. The median income for this group was $314,000, and median net worth came out to $2 million. Research concluded that the economic elite first choose the Internet in dealing with providers of luxury goods and services, beating out other channels, such as the telephone, face-to-face visits, and mail. In fact, 37% of wealthy consumers prefer buying luxury services on the Internet, compared with 30% who would rather do so in person and 21% who prefer the phone. Wealthy consumers especially appreciate being able to research companies and offerings online. A resounding 88% of wealthy consumers cite a preference for using the Internet and e-mail to research luxury-services firms, and 85% prefer these channels for learning more about a particular service. In luxury goods, nearly 80% of the consumers surveyed turn first to the Internet or e-mail to learn about companies and their products. A resounding 93% of individuals worth $10 million or more have purchased a luxury product over the Internet in the past 12 months, and nearly 75% of the wealthiest made online purchases of luxury services. "Revenues fuel expansion and our online retail division is the catalyst for Medspas growth," stated CEO Paul Smith. The company would also like to reiterate that there is no 504-D offering as we remain committed to protecting shareholder value. About Natural Renu The company has established a new division to penetrate the $5.4 billion cosmeceutical industry under the brand name Natural Renu. The company's new initiative is a line of cosmeceutical products focusing on the anti-aging and skin healthcare markets. The company sales efforts are focused primarily through two marketing channels. The first and primary sales channel is Internet Retailing. The second target audience is to exclusive Plastic Surgeons and Dermatology practices, Day spas, Resorts and Medspas around the world. SAFE HARBOR STATEMENT: Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company. Contact: Investor Contact Information: Paul Smith Investor Relations 1-866-595-1081 -------------------------------------------------------------------------------- Source: MedSpas of America, Inc. With merger/acquisition on the horizon, I expect to see some strong upward movement of the PPS both near term as well as long term. Website: http://www.medspasofamerica.com Dr. Bragi's company site: http://www.zymetech.com and http://www.drbragi.com/ Video of Dr. Bragi: http://www.youtube.com/watch?v=AQ-2nB-wAXI
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Update 09/08:
MedSpas Releases Corporate Statement Monday September 8, 10:06 am ET ATLANTA, GA--(MARKET WIRE)--Sep 8, 2008 -- Medspas of America Inc. (Other OTC:MEDP.PK - News), www.medspasofamerica.com, today released a corporate statement outlining the Company's position in the marketplace and its future direction. Medspas of America operates in a niche sector of the $72 Billion anti-aging market through two distribution channels, those being: (a) Internet retailing of a proprietary brand of cosmeceuticals; and (b) a small high-end chain of skin care boutiques and medspas to be developed over the next five years. The market is driven, primarily by 44 million female baby boomers who are living longer with unprecedented disposable income and want to look and feel better. 12,000 Americans turn 50 every day (1 every 8 seconds) and this will continue for the next 20 years. The Company has chosen two entry points into this large and fast growing market, those being: (a) the $5.4 billion cosmeceutical and nutraceutical industry; and (b) the $9.4 billion cosmetic procedures and medical spa market niche, what industry experts are calling "the fastest growing segment of the medical industry." These two markets have significant synergy as they place the Company on both the services and supply side of one of America's fastest growing industries. The Company growth goals are achieved through a national and international branding strategy of its developing skin care products line called Natural Renu and its medical spa brand called Virtuoso Medspa. Our chosen distribution channel for Natural Renu is Internet retailing. The Company's CEO has extensive experience in online retailing and was one of the pioneers of e-commerce development in the mid-nineties. Over the next 18-24 months, the Company is focused on the market development of Natural Renu as an online retailer which is fashioned after similar internet retailers such as www.skin-1.com, www.skinstore.com, www.eskinstore.com, and www.dermstore.com. The Company will feature its Natural Renu brand; however, will also be a re-seller of competitive brands with over 60 product lines and over 2,000 SKUs such as Obagi, Bioelements and Skinceuticals. Our market differentiation is that we own a proprietary brand (Natural Renu), whereas the others do not have their own brand. As the market size for cosmeceutical brands is $5.4 billion, management is of the opinion that on-line retailers have only satisfied a small portion of the market. Our oldest competitor has been operating for approximately six years. The annual revenues of our competition appear to range from $6.0 million to $35.0 million. Sales are driven by aggressive internet market programs such as search engine optimization (SEO) plans, pay-for-click advertising, targeted email lists, and numerous landing pages with unique domain names that are linked to our main ecommerce site. The Company has developed, to be marketed under the Natural Renu brand, 17 lines of cosmeceutical products for the face, body and anti-aging treatments. Our Natural Renu product lines will grow to over 100 in first two years. In 2008, the Company acquired a worldwide supply agreement with Zymetech, Inc. from Reykjavick, Iceland, www.zymetech.com, for the use of Penzim as the essential ingredient in the anti-aging line of products for Natural Renu. The active ingredient in Penzim is derived from enzymes produced by fish, particularly cod in the North Atlantic. This enzyme has been clinically tested for the treatment of pain, inflammation, arthritis, bursitis, eczema, psoriasis, fybromyalgia, eczema, acne and other skin conditions, such as itching, dry skin and brown spots. Subsequent to the Company acquiring the supply agreement with Zymetech, the Company signed a distribution and resellers agreement with Zymetech Inc. for the distribution rights to sell Penzim through the Company's ecommerce website and through traditional distribution channels in the United States and Canada. Once the Company has stabilized the operations of Natural Renu, we intend to open a small, exclusive company-operated chain of professional skin care boutiques in the high-profile retail markets of the USA and eventually Canada, Asia and Europe. These boutiques will be located in key sites in markets such as Manhattan, Chicago's Golden Mile, LA's Rodeo Drive area, Atlanta's Buckhead, Miami's South Beach and international locations such as Toronto, Montreal, Tokyo, London, and Paris. SAFE HARBOR STATEMENT: Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company. Contact: Investor Contact Information: Paul Smith Investor Relations 1-866-595-1081 Email Contact -------------------------------------------------------------------------------- Source: MedSpas of America, Inc.
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August 29
After some rough legal battles, Veridigm appears ready to move forward
This pick is about: Veridigm Inc. (VRGD)
| Rating: |
$0.03 (08/29/08)
|
| Closed: |
10/16/2008
@ $0.0013
(-95.67%
in
48 days)
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About Veridigm: Veridigm, an Anglo American investment company that provides merchant banking services to niche private and specific microcap public companies seeking debt and equity capital and/or to be part of a diversified, equitable, resource sharing, business combination. Specifically, the Company identifies specific private and public companies and assists them with managerial, accounting and financial advice and assists in refinance and/or raise adequate capital by introducing potential investors and lenders. In recent news they've explained the current stating regarding their legal issues, with only 1 item pending which has been answered and they are expecting to be exhonerated, in regards to an outstanding bill with an attorney, $55,000. In other news, they've completed the purchase of MediaPal, Inc, a digital media distributor. About MediaPal, Inc.: (www.mediapal.com) MediaPal is the direct-to-consumer solution for the entertainment and media industries. MediaPal is the best-in-class of content management, online sales, product publishing, and promotion solutions for the entertainment industry. MediaPal's proven content management platform, retailer portals, affiliate system, "Portable" publishing system, and direct-to-consumer infrastructure provides content owners and business to business partners a turn-key solution to sell and manage digital, mobile, ticketing, and physical products. The direct-to-consumer infrastructure enables content owners and business to business partners to enter the Internet media markets with zero barriers to entry. MediaPal's content management and publishing system manages every aspect of an online transaction, from the presentation of a portal or commerce "buy button" to a consumer purchase transaction, product fulfillment management, and customer service. MediaPal Inc. operates the proprietary digital and mobile Content Management System ("CMS Platform") that enables the distribution of any type of paid and/or promotional media from any Internet property, portal, or service. The CMS Platform allows for the sale or distribution of digital media products via the Internet to be completely portable and flexible, while maintaining the Owner's or Distributor's branding and distribution controls. The CMS Platform combines robust content management services, digital rights management, portable content distribution services, promotional capabilities, and global micro-payment processing into an easy to use and deploy system focusing on the fulfillment of any form of digital media or product. MediaPal provides Owners and Distributors from major record labels, major media distributers, major search engines, independent producers and all other Internet users with all of the resources and infrastructure required to distribute and manage digital, mobile, and physical content directly from any Internet property or service. The CMS Platform places its clients in total control of their content distribution and media management while seamlessly working "behind the scenes" to make consumers feel they are making their purchase and/or receiving product directly from the Owner or Brand Distributors. MediaPal competes across five markets: -- Enterprise Powering music, sports, and entertainment companies' direct-to-consumer Internet infrastructure and strategies. The Platform currently powers digital, mobile, physical, ticketing, and package product bundles. -- Affiliate Platform and Modules MediaPal operates a sophisticated affiliate management system. Record labels, entertainment companies, and content owners can easily create and populate unlimited affiliate websites to other Internet properties such as partners and high traffic portals. -- Independent / Consumer Enabling independent content owners to sell and promote content and products. Enabling Social Network apps for record labels and entertainment companies. Enabling Social Network apps to enable independent content owners to sell and promote content and products. -- B2B MediaPal platform is built on .NET Web Services. We have developed web services to power high traffic portals and B2B and B2C services such as search engines to promote and sell digital, mobile, and physical products transparently to their consumers. -- Promotion MediaPal has many promotion components and services within. From download/promotion cards to promotional materials with Pin IDS for customer rewards, we have implemented dozens of proven models. For more information please go to MediaPal.com What MediaPal is doing may very well shake up the digital media world, especially for the startups, but just as well for the established talented musicians, artists, etc. The ability to sell anywhere, not just on 'their' page, makes this very attractive.
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August 28
Company with Nutraceutical market exposure - beginning growth stage
This pick is about: PanGenex Corp. (PGXC)
| Rating: |
$0.06 (08/28/08)
|
| Closed: |
09/02/2008
@ $0.06
(+0.00%
in
5 days)
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PanGenex has seen a recent decline in share price with little volume, indicating in my opinion limited to no dilution in the marketplace. Recent press shows them presenting their products with good reception and specific interest in carrying their product line nationwide. PanGenex is a publicly traded corporation and pursues business opportunities in the $70 billion dollar nutraceutical and dietary supplement industry. With a focus specifically on the cardiovascular health segment, PanGenex develops and markets sector leading, patented or patent pending, condition specific nutraceuticals and topical over-the-counter (OTC) drugs and personal care products. Each product is scientifically formulated to address specific health conditions throughout the population. Many of our products contain the purest grade of nutraceutical components available anywhere without a prescription. PanGenex markets products through healthcare practitioners throughout the U.S., fine retail establishments and the internet on websites such as www.HeartHealthyWorld.com and www.Calgenex.com .
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February 06
Gold prices soaring, potential for major gold find in Russia.
This pick is about: ABV Gold Inc. (ABVG)
| Rating: |
$0.009 (02/06/08)
|
| Closed: |
08/28/2008
@ $0.0015
(-83.33%
in
204 days)
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ABV Gold has been on a rollercoaster ride over the past year. Based on recent PR's it appears all the work they have put into the company is very close to paying off. Shareholder conference call is scheduled for Feb 8th, 2008. http://stockcharts.com/h-sc/ui?s=ABVG&p=D&yr=1&mn... ABV Gold Releases Independent Appraisal of Russian Mine Merger Target and Signs Letter of Intent - Friday January 18, 11:57 am ET MONTREAL--(MARKET WIRE)--Jan 18, 2008 -- ABV Gold (Other OTC:ABVG.PK - News) (Frankfurt:AB8.F - News), a gold and other precious metals mining company, released today the independent appraisal report from BK Arkadia and the appraised value of TsNIGRI demonstrating a value of $3.3 Billion USD for the Russian Mine Operation. The company immediately signed a letter of intent for the acquisition of up to 12% working interest in the Russian mine. According to the company, the letter of intent states that the identity of the Russian Mine shall continue to remain confidential until such time as the company concludes the working interest agreement. The company has now begun discussions with several investment banking firms in the United States and Canada familiar with Russian transaction to enable adequate financing of its interest. "We look forward to continuing our efforts to acquire the 12% working interest into the Russian Mine and hopefully be able to acquire a larger interest as we move towards a farm-in agreement," said Daniel Ryan, President and CEO of ABV Gold. "The working interest of 12% represents a value of $396 million and previously discussed, given a total outstanding shares of 250 million, the asset would be a tremendous value creation for our shareholders," further added Mr. Ryan. NOTE: Independent appraisal No 77-76418723/07/07/11-01/01 was performed by the supervision of Borisova V.V. under license No. 011997 - Insurance# 19/07-074648 and report registered under No 07-11-01/01 of the Russian Federation license #519 Important Information About Forward-Looking Statements All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other events and conditions.
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Update 08/28:
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I should have closed this long ago.
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April 04
China market watch component distributor, undervalued since IPO
This pick is about: Asia Time Corp (TYM)
| Rating: |
$4.84 (04/04/08)
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| Closed: |
05/01/2008
@ $5.09
(+5.17%
in
27 days)
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Asia Time Corporation completed a public offering of its common stock on February 15, 2008 consisting of 963,700 shares of common stock at a price of $3.50 per share, including exercise of the over-allotment option. The shares trade on the American Stock Exchange under the symbol “ TYM. ” Hong Kong-based Asia Time has generated revenue growth to $81.1 million in 2006. “ We are pleased to enter the U.S. capital markets at this point in our corporate development, ” said Kwong Kai Shun, Chairman, CEO and CFO of Asia Time. “ Asia Time is already a profitable Chinese growth company, and we believe we are positioned to capitalize on growth opportunities in developed markets and especially in the under-penetrated market for watch movements and completed watches in China. We believe we already have strong competitive advantages in quartz and mechanical movements, and we will seek to expand up the watch value chain into low cost China-based manufacturing of proprietary branded movements and complete watches. This year we also plan to expand our sales force in China in order to better address an increasing domestic consumption of timepieces in China. ” Asia Time is a Hong Kong distributor of timepiece movements. The Company currently distributes approximately 350 products, including both watch movements and complete watches, representing 30 suppliers. These products are supplied to Asia Time ’ s more than 300 customer manufacturers of globally branded watches. The Company ’ s distribution centers and sales offices are located throughout Hong Kong and China. In 2007, the Company completed a reverse merger of Times Manufacture & E-Commerce Corporation Limited into Asia Time Corporation, an $8 million issuance of bonds and bond warrants, and a $2.9 million private placement of shares of Series A Convertible Preferred Stock. Asia Time is a watch movement and watch distributor headquartered in Hong Kong. The Company distributes watch movement components used in the manufacture and assembly of watches to a wide variety of timepiece manufacturers. Asia Time markets more than 350 products from over 30 vendors, including such market leaders as Citizen, Seiko and Ronda. For more information, please visit www.asiatimecorp.com .
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Update 05/01:
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Some good trades in here. Keeping on watch but closing opinion for now.
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April 24
Undervalued, market niche
This pick is about: Lyric Jeans Inc. (LYJN)
| Rating: |
$0.006 (04/24/08)
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| Closed: |
05/01/2008
@ $0.008
(+33.33%
in
7 days)
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Lyric Culture is a music-driven apparel company involving lyrical content on jeans, denim wear and accessories. Each item reflects the song through its design. As the innovator and manufacturer of groundbreaking fashion, Lyric Culture employs a cutting-edge design strategy which allows the wearer to express themselves through the words of their favorite song -- a modern twist to wearing your heart on your sleeve (and pant leg)! Lyric Culture. has deals in place with the largest music publishing companies in the world including Warner Chappell, EMI, Universal, Sony/ATV and BMG to name a few and has secured the rights to utilize lyrics made famous by The Beatles, Janis Joplin, David Bowie, Marvin Gaye, The Bee Gees, Rod Stewart, Steppenwolf and many more. The company currently produces Lyric Culture, a premium rock 'n' roll apparel and accessories line available at over three hundred specialty boutiques nationwide. www.LyricCulture.com
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Update 05/01:
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Trading this on the daily/weekly swings has proven profitable. Continued accumulation of shares imo will be profitable as the company continues brand awareness.
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December 04
Wholesale Auction Technology Company Recently Went Public
This pick is about: Auctions International Inc. (AUCI)
| Rating: |
$0.52 (12/04/07)
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| Closed: |
04/16/2008
@ $0.02
(-96.15%
in
134 days)
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Auctions International, AUCI.PK , recently IPO'd onto the marketplace. After a number of years developing their auction technology, a leading-edge online auction platform, the company has released their first 'product', aimed at the automotive dealer wholesale market, Autobidlive ( www.autobidlive.com ), a wholly owned subsidiary of Auctions International, Inc. Reviewing their filings on www.Pinksheets.com shows their 15c-211, Initial information and disclosure filings, has been filed and includes some very detailed information on the technology they use for their servers (Oracle and Red Hat) and internet connection to make sure the systems are up 24/7/365. http://www.pinksheets.com/otciq/ajax/showFinancialReportById?... The chart has hit a double bottom today (1 month double bottom) after holding nearly steady around the $0.55 mark. Last time we saw this, it was followed by a move up over $0.65. With the current RSI, I believe we can see another similar move, especially with the recent press that has come out and the company pushing forward with its marketing campaign. http://stockcharts.com/c-sc/sc?s=AUCI&p=D&b=5&g=0... Management has indicated a marketing program to over 70,000 dealers is in the works. From their shareholder update release we see that is not the only marketing program they are pursuing: "Our primary challenge is to increase our market awareness and demonstrate the viability of our business model. We have put in place several strategic relationships, such as www.CarrierRates.com and www.UShip.com , which allow our members to receive prices and bids on transportation services. These partners and others in the pipeline provide value-added services such as vehicle history reporting and listing services, which makes virtual trading reliable, easy and economically worthwhile. Our partners also will participate in co-marketing our services to their established customer base." Future outlook for AUCI is positive as the company has not only begun using their in-house developed state-of-the-art technology through their wholly owned subsidiary, Autobidlive, they have also identified multiple commodity verticals, including industrial products, airplanes, artwork, stamps, and boats, which could benefit from its leading-edge online auction technology platform. Additional information: Website: www.auctionsir.com and www.autobidlive.com Share structure: Outstanding shares: 44 Million Restricted shares: 25 Million Public tradeable float: 2 Million (Per IR 27.Nov.07)
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Update 12/05:
Carfax is a very well known and highly regarded source for vehicle history reports. News today after the market close brings to light the direction Auctions International is taking. The recent shareholder update makes specific mention of agreements the company is working on to strengthen and expand their customer base. This alliance with Carfax is just the start of the whole marketing campaign. On the www.autobidlive.com website, along with Carfax, are Autocheck (By Experian) and Car Proof (Canadian), 2 more vehicle history report companies that can be used by dealers. Auctions International is focused on increasing their membership by making additional strategic alliances as they've done with Carfax. Link to the after hours news - http://biz.yahoo.com/iw/071204/0335873.html The move away from in person auctions to pure online auctions is happening rapidly. The costs associated with these regular auctions range from trip costs, hotel, car transportation, time away from the dealership and more. Making the switch to online auctions virtually removes all the costs associated with an auction, aside from the small fee that is charged on completed auctions (which is split equally between the buyer and the seller) and the shipping cost. With the www.uship.com and www.carrierrates.com alliances, the shipping costs are also reduced significantly in comparision to the regular in person auctions. Scenario: A used car dealer has a customer walk in asking for a car they don't have on the lot. Normally they have to call around to other local dealers, or tell the customer they will research it and call them back. Imagine being able to tell the customer, sure, have a seat, let me go online and find the car you need, we can have it shipped right in. The customer never leaves the lot, creating a much higher sale turnover rate.
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Update 12/11:
The company has continued to execute their business plan. Yesterdays trading activity sure did shake up the stock. The company put out a press release indicating there were no material changes that could explain the sudden drop in price nor the record high volume. A call in to the transfer agent verified the share structure has not changed. The market for AUCI's technology is extensive and I continue to expect the company to do well as we move into 2008.
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April 07
Drug free relief of edema and discomfort
This pick is about: BioElectronics Corp. (BIEL)
| Rating: |
$0.034 (04/07/08)
|
| Closed: |
04/16/2008
@ $0.03
(-11.76%
in
9 days)
|
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BioElectronics Launches '1 Day Breast Augmentation Recovery Kit' Thursday March 13, 7:15 am ET Meets the Growing Demand for Quicker Surgical Recoveries FREDERICK, Md., March 13 /PRNewswire-FirstCall/ -- BioElectronics Corporation (BIEL) announces the product launch of its Breast Recovery Kit, for the relief of edema and post operative discomfort. Developed by Dr. Barry Eppley, MD, DMD, the 1 Day Breast Recovery Kit allows breast surgery patients to return to their active lives the day after surgery. Using the patented technology, ActiPatch relieves edema and discomfort without drugs, ice, or topical ointments. Priced below $50.00 it is an excellent alternative to pain pumps, which pose a risk of infection, or oral analgesics and anti-inflammatory medications -- which many patients prefer not to take or cannot tolerate. Dr. Barry L. Eppley is an extensively trained and unique plastic surgeon. Dr. Eppley received a Doctor of Medicine degree from Washington University in St. Louis as well as a Doctor of Dental Medicine degree from the University of Pennsylvania in Philadelphia. Dr. Eppley completed training in Oral and Maxillofacial Surgery at Barnes Hospital and St. John's Mercy Medical Center Hospital while in St. Louis. He furthered his training in General Surgery, Craniofacial and Cleft Surgery as well as full training in Plastic and Reconstructive Surgery at Indiana University. As a result of this education, Dr. Eppley is both a licensed physician and dentist and board certified in the specialties of Plastic and Reconstructive Surgery as well as Oral and Maxillofacial Surgery. This background brings a diverse experience and perspective to the requirements needed for facial plastic, craniofacial and maxillofacial, and cosmetic body contouring surgeries. For more visit: http://www.dreppley.com. "We are thrilled and quite fortunate to have such a talented surgeon and educator as Dr. Eppley assisting in our product development. We look forward to his insight and help in our mission to change the way people heal," said BioElectronics' President Andrew Whelan. ActiPatch(TM) is a drug-free, anti-inflammatory patch with an embedded battery operated microchip that delivers weeks of continuous pulsed therapy for less than a dollar a day. The unique ActiPatch(TM) delivery system, using patented technology, provides a cost-effective, patient friendly method to reduce soft tissue pain and swelling. ActiPatch has regulatory clearance by the FDA for the treatment of edema following blepharoplasty. For more information visit http://www.bioelectronicscorp.com or call 866-757-2284. -------------------------------------------------------------------------------- Source: BioElectronics Corporation
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March 05
Biodiesel - Major growth market
This pick is about: Amelot Holdings Inc. (AMHD)
| Rating: |
$0.001 (03/05/08)
|
| Closed: |
03/25/2008
@ $0.0022
(+120.00%
in
20 days)
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This company has been quiet for some time. Recent news has given the stock a much needed shot in the arm. Could be a good play imo. Amelot Announces Formation of Jatropha Biofuel Technologies Inc. Tuesday March 4, 11:30 am ET CHEYENNE, Wyo., March 4, 2008 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Other OTC: AMHD.PK - News ) announced the formation of its new subsidiary, Jatropha Biofuel Technologies, Inc. (``JBTI''). The subsidiary will offer a truly integrated approach, which will include all aspects of Jatropha research, development, and cultivation, including extracting technologies of Jatropha oils and the processing of high grade biodiesel. Jatropha is an oil-rich, non-edible plant that grows on wastelands and is a promising alternative energy feedstock for the production of biodiesel. Through intensive research, JBTI will concentrate on harnessing the potential of high yield Jatropha species. More information on Jatropha can be found at: http://www.thewoodexplorer.com/maindata/we1654.html ``Jatropha has recently become an agricultural and economic celebrity, with the discovery that it may be the ideal biofuel crop, an alternative to fossil fuels for a world dangerously dependent on oil supplies and deeply alarmed by the effects of global warming,'' commented Aziz Hirji, President of Amelot Holdings, Inc. About Amelot Holdings, Inc. Amelot Holdings, Inc. ( http://www.amelotholdings.com ), a publicly traded company, is a diversified holding company that has identified a projected $20 billion opportunity to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels. The Amelot Holdings, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2149 About Biodiesel: Biodiesel is biodegradable, nontoxic, and essentially free of sulfur and aromatics. It is less toxic than table salt and biodegrades as fast as sugar. Biodiesel reduces emissions of carbon monoxide (CO) by approximately 50% and carbon dioxide (CO2) by 78%. Biodiesel reduces the emission of particulates, small particles of solid combustion products, by as much as 65%. This reduces cancer risks by up to 94% according to testing sponsored by the Department of Energy. Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Internet address is http://www.amelotholdings.com . Contact: Amelot Holdings, Inc. (646) 552-4000 support@amelotholdings.com Source: Amelot Holdings, Inc.
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Update 03/19:
Amelot Holdings Inc. Announces $.0032 Earnings Per Share Projection for 2008 2008-03-19 11:15 ET - News Release ATLANTA, March 19, 2008 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) announced CEO Aziz Hirji negotiated contracts this week vital to the growth and infrastructure of the company. Amelot continues to aggressively build upon the assets already obtained in order to become a world-wide leader in the development of emerging Jatropha technologies and the production of Jatropha oil. Aziz Hirji stated: "We expect to realize at least 7 million dollars in revenue in 2008. We're moving faster and farther than we expected on many fronts. With new partnerships secured and new contracts signed, I'm confident that Amelot is able to provide shareholder value both now and in the future." There are currently 2,224,573,155 outstanding shares. Pro Forma numbers support an estimated $.0008 earnings per share per quarter, or $.0032 per share on an annual basis. The company does not expect the number of outstanding shares to be increased at any time during the next several months. Aziz Hirji said, "We have been working diligently behind the scenes for quite some time and are now confident to let the investing community know that Amelot is positioned to become a world leader in the Jatropha oil industry. Shareholders can expect more news from us in the near term as we begin to provide details about our exciting progress." About Amelot Holdings, Inc.: Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified a projected $20 billion industry to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels. The Amelot Holdings, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2149 Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. CONTACT: Amelot Holdings, Inc. (646) 552-4000 support@amelotholdings.com
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February 26
Major financing deal news just out. Extreme high risk-reward play.
This pick is about: Heritage Capital Credit Corp. (HCPC)
| Rating: |
$0.0001 (02/26/08)
|
| Closed: |
02/29/2008
@ $0.0003
(+200.00%
in
3 days)
|
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Heritage Capital Credit Corporation Closes $11.1 Million for BCLOC Program Tuesday February 26, 3:24 pm ET WILMINGTON, Del., Feb. 26 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC - News ) today announced the closing of two financings totaling $11.1 million for its BCLOC Program. The first transaction was for $808,000.00, which closed on February 22, 2008. This included a separate $234,000 renovation loan for a small hotel. The funding for this hotel will commence upon the first construction draw for renovation. The second transaction for the commercial office building closes in two phases. The first phase closed today for $10,307,000. The second phase is for $5,500,000, which was arranged by the Company through an independent third party lender. The funding is scheduled to commence on March 7, 2008. Both loans were closed as part of the BCLOC Program. Weekly updates on the status of the BCLOC Program are provided on the website: http://www.independentcapitalcreditcorp.com . The information will include new financings that enter the pipeline and progress reports. About Heritage Capital Credit Corporation The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to arrange financing for real property and commercial revenue producing assets. Safe Harbor The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans, actual results may differ materially from the expectations expressed in the forward-looking statements. Contact: Heritage Capital Credit Corporation Richard Razzeca, VP Tel: 302-778-4222 Email: info@heritagecapitalcreditcorp.com Source: Heritage Capital Credit Corporation
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Update 02/29:
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Extremely high risk. This could still see a move higher, but risk is extremely high at this point. Intraday trading has been profitable though. Keep an eye for further developments.
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February 10
Worth a look again. Merger play.
This pick is about: Smooth Global Holdings Inc. (SMGH)
| Rating: |
$0.25 (02/10/08)
|
| Closed: |
02/29/2008
@ $0.27
(+8.00%
in
19 days)
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News today of the acquisition of a network system integration company is set to not only strengthen their client base, but their infrastructure as a whole. http://biz.yahoo.com/prnews/080205/lntu500a.html?.v=1 "BNEU has successfully offered its service to finish some large and medium value added communication application projects. It has an unaudited net asset of $9 million. For the year ended 2006, it recorded an unaudited revenue of $4.6 million with net income of $1.8 million under the Chinese accounting principle. For the year ended 2007, it recorded unaudited revenue of $11.8 million with $5 million net income under Chinese accounting principle." Expected completion of the LOI: March 31, 2008. As the market starts to realize the potential that is building in the company, I believe we'll see liquidity and price appreciation take place. 200 day moving average is .21. If that breaks, I see it as a very strong load zone. With the revenues the company is going to be bringing in, I see this as very undervalued. On watch for the 8k filing to solidify the recent news. Although trading activity is still erradic, I think we'll see a bounce in the coming weeks.
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Update 02/29:
Recent press has been good but downward pressure has kept this from moving. Still worth keeping a close watch but I am closing this opinion out. In the news release, Smooth Global (China) Holdings, Inc. (OTC Bulletin Board: SMGH - News) Announces Launch of VoIP Network Construction in Shunyi, Beijing for World Known Enterprises, issued earlier today by Smooth Global (China) Holdings, Inc. over Xinhua PR Newswire, we are advised by the company that the first paragraph should read ''$1.2 million gross margin'' rather than ''gross revenue'' and the third paragraph should read ''annual gross margin'' not ''gross revenue'' as originally issued inadvertently. Smooth Global (China) Holdings, Inc. Announces Launch of VoIP Network Construction in Shunyi, Beijing for World Known Enterprises BEIJING, Feb. 21 /Xinhua-PRNewswire-FirstCall/ -- The Smooth Global (China) Holdings, Inc. (OTC Bulletin Board: SMGH - News; "SMGH" or "Company") a leading provider of value-added telecommunication services in China, announced today that the Company's operating subsidiary, Beijing Global Ring Telecom Information Services Co. Ltd. ("Beijing GRT") has signed an agreement with Beijing Shunyi Investment Promotion Bureau for the launching of "VoIP Network Construction" service in the Shunyi District of Beijing, which offers the construction of VoIP Network for brand named companies in the district of Shunyi in Beijing, targeting for $1.2 million gross revenue annually. According to the general plan of Beijing Municipality, Shunyi is located in the middle segment of the East Development Band with the concept of "2 axles -- 2 bands -- multi-centers." With this plan, Shunyi District will be awarded with four functions: modern manufacturing, a logistics hub, an international exchange and holiday relaxation. Shunyi District has attracted over 300 large and medium foreign enterprises from over 18 countries including some famous brands such as Ericsson, SONY, JVC, AIRBUS, Panasonic and Citizen. More than 20 factories and R&D companies, which are listed in the World's Top 500 Companies, established their business in Shunyi District based on its predominant investing environment, excellent office settings and well-served daily assistance. According to this agreement, Beijing Shunyi Investment Promotion Bureau will partner with Beijing GRT to start its "Intragroup Call" service and "VoIP Network Construction" service promotion, providing the chance of annual gross revenue of approximately $1.2 million. Ms. Zheng Shuying, President of SMGH, commented, "We are pleased to partner with the Municipal organization, Shunyi Investment Promotion Bureau which will help us to expand our VoIP Network Construction business in Shunyi. We will continue our good relationship with government bodies which will introduce us in Network Construction. We will look forward to partner with other municipal districts of Beijing in China. " About Smooth Global (China) Holdings, Inc. Smooth Global (China) Holdings, Inc. was organized under the name Bralone Mining Company (the "Company") under the laws of the State of Nevada on December 2, 1998. On November 2, 2006, The Company acquired all of the outstanding capital stock of Gold Profit (Asia) Group Limited ("Gold Profit"), which owns 100% of the registered capital of Beijing Quan Tong Chang Information Service Limited ("Beijing QTC"). Beijing QTC is a telecommunications service provider to deliver economical voice and data services domestically and internationally throughout China. It engaged in the business of distributing telephone services through public pay phones and is also in the business of developing Internet phone solutions for commercial customers, focusing on a convenient local, domestic and international long distance call service with competitive price. On July 31, 2007, it changed its name to Smooth Global (China) Holdings, Inc. The Company contracted with the subsidiaries of China Netcom Group Corporation (Hong Kong) Limited (NYSE:CN - News), namely China Netcom (Shaoxing) Corporation Limited and China Netcom (Guangdong) Corporation Limited to distribute their VoIP call time in China. On October 24, 2007, the Company acquired 100% equity interest on Smooth Global Services Limited, which holds Beijing GRT Information Services Limited ("Beijing GRT"), a company providing International Call Forwarding Service ("ICFS"). Beijing GRT entered into the international call forwarding business by obtaining a license from China Netcom (Group) Company Ltd. Shanghai Branch and a license from China Netcom (Group) Company Ltd. Shaoxing Branch. The licenses were acquired in connection with the purchase by Beijing GRT of 2000 local telephone numbers. The licenses provide that the carriers will facilitate the international call forwarding business of Beijing GRT by (1) waiving all monthly fees for the company's local numbers, (2) guaranteeing Beijing GRT its lowest per-unit fee, and (3) assuring Beijing GRT that it will retain the local numbers for at least three years. The Company will focus international call forwarding to its lines of business. Forward-looking statements This report contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion. The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors. For more information, please contact: Mr. David Guan Smooth Global (China) Holdings, Inc. Web site: www.smgh.net Tel: +86-10-6496-0170 Email: smghinfo@yahoo.com Source: Smooth Global (China) Holdings, Inc.
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November 27
Multiple positives and being oversold could take this up significantly
This pick is about: Wellman Inc. (WMAN)
| Rating: |
$0.45 (11/27/07)
|
| Closed: |
02/25/2008
@ $0.06
(-86.67%
in
90 days)
|
| Target: |
$1.00
(+122.22%)
in Six months
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In agreement with thinkgreen, the current price has placed WLM into a significantly oversold position. Possible buyout/merger along with strong asset value and lawsuit against Eastman Chemical, EASTMAN CHEM CO (NYSE:EMN), and price below the $1 threshold for NYSE listing, are all strong incentives for a move back up over $1 in the short term. The company not declaring a dividend strengthens the fact management is focused on the long term company outlook and not some short term gains by 'wasting' money they need to restructure.
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Update 11/30:
Along with some rather erradic trading the other day, the price per share has been hovering around the $0.40 mark. Due to market fluctuations on pricing for various raw materials required for production, the company has increased their production costs. Management is clearly focused on rebuilding the company and strengthening it's financial position. This in turn will increase shareholder value. The $1 price point is still required for continued NYSE listing. There are approximately 9 more days left before the 30 day 'grace' period is over. Below is an excerpt that details the requirements and events that may take place when a company has failed to meet listing requirements due to a price drop below $1: A company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. Once notified, the company must bring its share price and average share price back above $1.00 by six months following receipt of the notification. A company is not eligible to follow the procedures outlined in Paras. 802.02 and 802.03 with respect to this criteria. The company must, however , notify the Exchange, within 10 business days of receipt of the notification, of its intent to cure this deficiency or be subject to suspension and delisting procedures. In addition, the company has 45 days (90 days in the case of a non-U.S. company) from receipt of the notification to issue a press release disclosing the fact that it has fallen below the continued listing standards of the Exchange. If the company fails to issue this press release during the allotted 45 or 90 days, the Exchange will issue the requisite press release. In the event that at the expiration of the six-month cure period, both a $1.00 share price and a $1.00 average share price over the preceding 30 trading days are not attained, the Exchange will commence suspension and delisting procedures.
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Update 12/05:
News today that NYSE has begun delisting procedures for Wellman Inc. The company has decided not to appeal the decision. Instead, management has made the decision to continue reporting and filing while trading on the OTCBB. Wellman has decided not to appeal the decision and expects to be traded on the over-the-counter markets. The Company will remain a reporting company for SEC purposes and will continue to comply with all reporting requirements. This decision should not impact the financial status of the Company or affect the way it conducts its business. Wellman, Inc. manufactures and markets high-quality polyester products, including PermaClear® brand PET (polyethylene terephthalate) packaging resins and Fortrel® brand polyester fibers. Moving forward, I expect the company to rebuild itself here in the OTCBB market until such a time as they can requalify for NYSE listing or maybe AMEX.
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Update 02/25:
NEW YORK, Feb 22 (Reuters) - Polyester and plastics maker Wellman Inc WMAN.OB said on Friday it filed for bankruptcy protection due to deteriorating business conditions and substantial debt obligations. The South Carolina-based company had tried to stave off the move by selling businesses, cutting jobs and other cost reductions. It said it received $225 million of debtor-in possession financing, which it expects will allow it to continue normal operations without interruption. The company, which filed for Chapter 11 bankruptcy protection at the U.S. Bankruptcy Court for the Southern District of New York, said in a court filing it had more than $124 million in assets, but over $600 million of total debt. Wellman shares closed down 12 cents at 29 cents on the over-the-counter bulletin board on Friday. (Reporting by Michael Erman; Editing by Andre Grenon)
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Merger in progress - Business restructuring - return to revenue generation
This pick is about: Smooth Global Holdings Inc. (SMGH)
| Rating: |
$0.12 (11/27/07)
|
| Closed: |
02/08/2008
@ $0.4
(+233.33%
in
73 days)
|
| Target: |
$1.00
(+733.33%)
in Three months
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Smooth Global Holdings has terminated their payphone business due to the decline in payphone use with the advent of cheap cell phones. They have acquired Beijing GRT Information Services Limited, a company focused on International call forwarding. Beijing GRT entered into the international call forwarding business in February 2007 by obtaining a license from China Netcom (Group) Company Ltd. Shanghai Branch and a license from China Netcom (Group) Company Ltd. Shaoxing Branch. The licenses were acquired in connection with the purchase by Beijing GRT of 2000 local telephone numbers. The licenses provide that the carriers will facilitate the international call forwarding business of Beijing GRT by (1) waiving all monthly fees for the company's local numbers, (2) guaranteeing Beijing GRT its lowest per-unit fee, and (3) assuring Beijing GRT that it will retain the local numbers for at least three years. Beijing GRT currently operates from two branch offices: one in Shanghai and one in Harbin. We plan to expand its operations by opening an additional 18 sales offices throughout China, and hiring 100 additional sales personnel to staff the offices. We estimate that the start-up expense associated with each new office will be $30,000 to $50,000. Therefore, fulfillment of our goal of 20 sales offices will depend on our ability to obtain financing. Outstanding Shares 1.7m as of Aug 2007 Info from 10QSB filing - http://finance.yahoo.com/q?s=smgh.ob&d=v2
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Update 02/06:
News today of the acquisition of a network system integration company is set to not only strengthen their client base, but their infrastructure as a whole. http://biz.yahoo.com/prnews/080205/lntu500a.html?.v=1 "BNEU has successfully offered its service to finish some large and medium value added communication application projects. It has an unaudited net asset of $9 million. For the year ended 2006, it recorded an unaudited revenue of $4.6 million with net income of $1.8 million under the Chinese accounting principle. For the year ended 2007, it recorded unaudited revenue of $11.8 million with $5 million net income under Chinese accounting principle." Expected completion of the LOI: March 31, 2008. As the market starts to realize the potential that is building in the company, I believe we'll see liquidity and price appreciation take place.
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Update 02/08:
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Some strange trading has been going on. I'm closing this for now, but keeping watch.
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November 29
Bullish on VMW ...
This pick is about: Vmware (VMW)
| Rating: |
$90.49 (11/29/07)
|
| Closed: |
12/04/2007
@ $95.32
(+5.34%
in
5 days)
|
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I have used many different virtualization products and VMware's is the best out there imo. And that thought is reflected in their phenominal pps growth since the IPO. The price point is within most consumers budgets, let alone a company's. Why would a consumer want this? Granted, not every consumer, but those that have some basic PC skills or are interested in playing around with linux or other operating systems, can do so without risk to their main OS and data. I use it to run a number of different OS's. Coming from a background in PC/Server support, I found the software invaluable. From just testing new programs to checking security, nothing is easier than a virtual machine. Something goes wrong, you shut it down and don't save the changes to the OS. Start it back up like new again. You can run older applications in them as well. Have an old game from the DOS days, or Windows 3.1/95/98 that no longer works in Win XP/Vista? You can use a small emulator or setup a virtual machine that can dual boot itself into DOS/Win 3.1 and Win 95/98. Want to check out Linux? Fire up a virtual machine. VMware offers a free 'player' so you can run a number of virtual machines even without purchasing their full app. Virtual Appliance Marketplace - The best thiing since sliced bread to happen to the virtual world imo. There are countless preconfigured VMware setups that you can use in both production, development or 'just for fun' environments. http://www.vmware.com/appliances/
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The investor is willing to take risks to achieve high returns from portfolio. Investor's holding consists of speculative stocks that will produce massive gains or losses and/or the trading strategy is focused more on short term profits rather than long term appreciation
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Age:
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