OTCPicks.com Stocks to Watch for Friday, July 17th ALNS, MVBY, MTRO, NTNI, CMTP, CSUH
Our Stocks to Watch include Alentus Corp. (OTC: ALNS), My Vintage Baby Inc. (OTC: MVBY), Metro One Development Inc. (OTC: MTRO), Natural Nutrition Inc. (OTC: NTNI), China Digital Communication Group Inc. (OTCBB: CMTP) and Celsius Holdings Inc. (OTCBB: CSUH).
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ALENTUS CORPORATION (OTC: ALNS)
"Up 233.33% on Thursday"
Detailed Quote: www.otcpicks.com/quotes/ALNS.php
Alentus Corporation is based in
ALNS News:
July 8 - Alentus Corporation Announces Insider Stock Purchase
Alentus Corporation (OTC: ALNS), a leading provider of web solutions including dedicated servers managed services, Windows and Linux web hosting, Sharepoint hosting and Microsoft Exchange email services, announced that Randy Reineck, currently Executive Vice President of Corporate Development, recently purchased 1,100,000 shares of Alentus restricted common stock. When added to the 1,100,000 shares purchased in the quarter ending March 2009, this results in the cumulative purchase of 2,200,000 shares for a total purchase price of $132,000 or 6 cents per share.
Alentus makes this announcement as part of its commitment to provide transparency and comply with current information rules of the PinkOTC. Those rules require Alentus to disclose significant employee stock purchase and sale transactions within four business days of their occurrence.
Mr. Reineck was also elected to the company’s board of directors on April 23, 2009.
Mr. Reineck has more than 25 years experience in the information technology arena in various size companies from startups to $1+ billion revenue. Mr. Reineck was a founder and President of MIS Technologies, a managed Internet services provider based in
MY VINTAGE BABY INCORPORATED (OTC: MVBY)
"Up 69.23% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/MVBY.php
My Vintage Baby is recognized as “a piece of yesterday for the hip child of today.” Its garments are designed with both new and vintage reproduction materials, each with its own nostalgic yet stylish look. The vision is to make each garment as unique as the children who wear them.
MVBY News:
July 15 - My Vintage Baby Consolidates Fabric and Garment Production
My Vintage Baby, Inc. (OTC: MVBY), a public children's apparel company, reported that it has moved its fabric production to the same factory in
“The consolidation eliminates the sample fabric printing charge, which was approximately $8,000 last season. In addition to this savings, our price per square yard will be reduced by $4.71 or $5.91, depending on the roll size. This represents a savings of between 65% and 70% for comparable fabrics. We have also eliminated the need to ship between factories,” stated Jeff Welsh CFO, My Vintage Baby.
Jessica Wiswall, CEO, My Vintage Baby added, “We can now accurately predict our fabric requirements, ensuring that all orders are filled, while producing no excess fabric. This is another exciting step in the on-going process of enhancing our customers’ satisfaction with My Vintage Baby’s exclusive children’s fashions.”
METRO ONE DEVELOPMENT INCORPORATED (OTC: MTRO)
"Up 8.82% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/MTRO.php
Metro One Development, Inc. plans to develop an interactive out of home media company giving the consumer more control over their media experience and creating highly entertaining branding displays that respond to the physical movements of the consumer.
MTRO News:
July 16 - Metro One Announces the Development of a Portable Interactive Floor System
Metro One Development, Inc. (OTC: MTRO) (“the Company”), a digital out-of-home media company, announced that, in association with Imagin8, it has developed a portable interactive floor system that can be used to conveniently demonstrate the technology or by our customers at marketing events, trade shows, small retail shops and parties.
Stuart Turk, CEO of Metro One stated, "This advancement can give us a significant advantage in our current marketing efforts allowing us to bring the technology to our potential customers and demonstrate the product in real time at their location. The PortaOne will share the same features and benefits as StepOne with the added benefit of its portability."
Turk continues, "This will allows us to enter new markets that are restricted by setup time and allow our customers to create an interactive floor by just plugging in the unit, a true Plug n' Play device."
ABOUT IMAGIN8
Imagin8 is a Canadian company providing hand and body motion-based interactive digital technologies that are designed to enhance new consumer experiences from touch-screens to floor-screens. Imagin8 maintains a staff of technical, creative, and sales professionals. Imagin8 offers a wide range of digital content and solutions for interactive floors, walls, windows, and tables and is a leader in providing touch and multi-touch multi-surface capability.
NATURAL NUTRITION INCORPORATED (OTCBB: NTNI)
"Up 42.86% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/NTNI.php
Natural Nutrition, Inc.'s wholly owned subsidiary, CSI Business Finance, Inc. is a small business lending and consulting company. CSI is focused on providing business expansion services to small business, the largest creators of new jobs in the American economy. CSI was formerly a wholly owned subsidiary of Corporate Strategies Merchant Bankers.
NTNI News:
July 16 - Natural Nutrition Released from $27.4 Million in Debt in Exchange for All Nutrition Assets
Natural Nutrition, Inc. (OTC: NTNI) announced that an agreement with Cornell Capital, NKA Yorkville Advisors (YA), to convey all of its nutrition related assets in return for a complete release of all indebtedness owed by Natural Nutrition to YA. The total indebtedness released was $27,370,000. Natural Nutrition also conveyed all nutrition related trademarks and intellectual property, including the Natural Nutrition and iNutrition names and trademarks. Both parties to the transaction executed mutual releases as part of the settlement.
The company retained assets relating to its CSI Business Finance, Inc. subsidiary, (formerly iNutrition, Inc.) and will now refocus its efforts on small business lending and consulting. CEO Tim Connolly stated "This transaction results in the company losing its largest source of income, its factory in
CHINA DIGITAL COMMUNICATION GROUP (OTCBB: CMTP)
"Up 19.90% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/CMTP.php
China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is a manufacturer and developer of advanced telecommunications equipment in
CMTP News:
July 16 - China Digital Communication Group Issues Revenue and Earnings Guidance for 2009
Company Forecasts 2009 Revenue of $23 to $25 Million and Net Income of $5.3 to $6.0 Million, Exceeding Prior Performance
China Digital Communication Group (OTCBB: CMTP), a manufacturer and distributor of battery components in China, announced revenue and earnings guidance for 2009, with estimates exceeding last year's results for the Company.
Projected revenue for the full year 2009 is expected to be approximately $23 to $25 million (vs. $19.7 million FY08), or an approximate 17% to 27% increase. Net income for the full year 2009 is expected to be approximately $5.3 to $6.0 million (vs. $4.9 million FY08), or an approximate 8% to 22% increase. These estimates do not include the possibility of additional purchase orders due to new customers or future acquisitions.
"We are announcing 2009 earnings guidance as part of our enhanced financial communications initiatives," said Fushun Li, CEO of China Digital. "These strong results are a testament to China Digital's commitment to improving efficiencies, as well as our decision to enter the finished battery distribution business. We believe that our management team's ability to sign large contracts, like our recent $4.1 million agreement with China Electronics Shenzhen Company, and make proactive adjustments as well as diversify our product lines will serve to drive revenues, earnings and, ultimately, shareholder value throughout 2009 and beyond."
CELSIUS HOLDINGS INCORPORATED (OTCBB: CSUH)
"Up 6.67% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/CSUH.php
Celsius Holdings, Inc., through its subsidiaries, Celsius Inc. and Celsius Netshipments, Inc., engages in the production, distribution, and marketing of functional beverages in the
CSUH News:
July 16 - Celsius to Be Available at 7-Eleven® Stores
Celsius Holdings, Inc. (OTCBB: CSUH) announced that Celsius®, the original calorie-burning beverage, will be available in mid-August at participating 7-Eleven stores. 7-Eleven, the world’s leader in convenience retailing, operates and franchises more than 5,750 stores in the
Through this relationship, Celsius is gaining access to a national retailer, and participating 7-Eleven stores can add a product that fits the consumer trend towards healthier, functional beverages. 7-Eleven expects to carry three Celsius flavors in 12-ounce cans – Sparkling Orange, Green Tea Raspberry Acai and Green Tea Peach Mango at participating stores and will display the product in the functional and energy drink section of its refrigerated vaults.
Celsius is scientifically shown to burn up to 100 calories or more per can by raising metabolism and generating increased energy and alertness. When combined with exercise, additional benefits of the product include increased loss of fat mass, increased gain of muscle mass and improved endurance, according to the study published in the Journal of The International Society of Sports Nutrition.
Janice Haley, co-founder of Celsius, says, “7-Eleven represents a significant milestone for Celsius in that it adds distribution with a leader in the convenience channel, increasing the consumers’ access beyond existing channels of grocery, drug, nutritional stores, and gyms. Adding 7-Eleven is advantageous as we broaden our focus and presence on a national level. Celsius should appear with an affordable retail price for functional beverages with a suggested retail price of $1.99.”
Naturally refreshing Celsius contains no sugar, no preservatives, no high fructose corn syrup, no aspartame, no artificial flavors, and contains very low sodium. Celsius drinks are powered by a proprietary blend of ingredients, MetaPlus™, which includes green tea with EGCG, ginger, caffeine, calcium, chromium, and B vitamins and vitamin C. Scientifically shown to raise metabolism over a three-hour period, the consumption of Celsius results in a sustained calorie burn while supplying a boost of energy.
Dallas-based 7-Eleven, Inc. operates and franchises some 5,750 7-Eleven stores in the U.S. Globally, it operates, franchises or licenses more than 36,400 stores in 15 countries. During 2008, 7-Eleven stores worldwide generated total sales of more than $53.7 billion.
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