News / Business
GDSM, STHG, CBIS, ARTI, OOGI, BZCN Stocks to Watch for Monday, July 27th from Otcpicks.com
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GDSM, STHG, CBIS, ARTI, OOGI, BZCN Stocks to Watch for Monday, July 27th from Otcpicks.com
Our Stocks to Watch tomorrow include Gold Coast Mining Corp. (OTC: GDSM), Stratton Holdings Inc. (OTC: STHG), Cannabis Science Inc. (OTCBB: CBIS), Artfest International Inc. (OTCBB: ARTI), Odyssey Oil & Energy Inc. (OTCBB: OOGI) and BizAuctions Inc. (OTC: BZCN).
Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.
GOLD COAST MINING CORPORATION (OTC: GDSM)
"Up 155.56% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/GDSM.php
Gold Coast Mining Corp. is pursuing mining acquisitions and joint ventures. The Company currently has a joint venture with Western Sierra Mining Corp. for its Ore Cache and SunGold Mines located in
GDSM News:
July 23 - Gold Coast Mining Announces Corporate Update
Gold Coast Mining Corp. (OTC: GDSM), announced the following corporate update:
Over the last several months the Company has completed numerous tasks in its effort to restore shareholder value. The name change, execution of a joint venture agreement with Western Sierra Mining Corp. and the sale of 51% of the Hot Web domains to a soon to be publicly traded company are three of the major milestones that have been accomplished to date.
In addition, the Company recently added two mining executives to its advisory board and secured the domain www.goldcoastminingcorp.com. The Company has also secured a web designer and expects the corporate site to be completed shortly.
In regards to its joint venture with Western Sierra Mining Corp. ("WSM"), the Company is a 50% partner on two mines currently owned by WSM (the Ore Cache Mine and the SunGold Mine). WSM will mine the properties and the Company will receive a 50% share of the proceeds after extraction costs. For its share of the joint venture the Company has agreed to provide capital to WSM to fund initial expenses such as the construction of a hard rock free gold recovery plant.
The Company plans to continue to fund the joint venture through loans from current shareholders and with a portion of the shares currently owned in Max Media Group, Inc. ("MMG"). As previously announced, the Company owns 49% or 29,700,000 shares of MMG (owner of the Hot Web domain properties). MMG has completed its merger with a publicly traded company and is expected to be trading the beginning of August. MMG has arranged a private placement of 1,000,000 shares of MMG common stock at a purchase price of $0.50 per share with its current shareholders to fund the expansion and marketing of its domain properties (www.hotautoweb.com, www.hotboatweb.com, www.hotplaneweb.com, www.hotcharityweb.com, www.hotrvweb.com, www.hotcycleweb.com).
Although the exact dividend has not yet been determined, the Company intends to dividend to shareholders no less than 50% (14,850,000 shares) of the 29,700,000 shares of MMG it currently owns. Management expects the exact dividend and record date to be announced by the first week of August.
STRATTON HOLDINGS INCORPORATED (OTC: STHG)
"Up 66.67% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/STHG.php
Stratton Holdings was formed in 2008 and makes equity and equity-related investments in companies that require expansion capital. Also if necessary a restructuring of the company in the direction of viability and expansion. Stratton Holdings Inc. as a holding company, is in a formation stage which will focus on holdings obtained through reverse mergers, acquisitions, joint venture partnerships, Distressed Properties, and leveraged buyouts: Stratton Holdings Inc. is a Pinksheet-listed holding company focused on value-added real estate acquisitions, including real estate foreclosures, real estate investment and operating companies, and joint venture investments. As a holding company, Stratton Holdings Inc. will acquire real estate for the purpose of generating leasehold, lodging and sales revenue through the establishment of subsidiaries in the form of limited liability companies ("LLCs").
STHG News:
July 22 - Stratton Holdings, Inc. Upgrades Corporate Website With Disclosure Section and Updates Shareholders on Operations
Stratton Holdings, Inc. (OTC: STHG) (www.stratton-holdings.com) announced that it has upgraded its Corporate website and has included a disclosure section for shareholders.
In making this announcement, Eric Stratton Racheff, CEO, stated:
"In response to the many concerns and inquiries we have lately been receiving, we have finished upgrading our new website. The new website includes: The Company's entire Articles of Incorporation, past and present documents of importance for shareholders to see, and important answers to questions that seem to be asked the most by shareholders new and old. From time to time, The Company will use this website to disclose important documents to shareholders.
"In recent press releases, we announced our goals for reducing the share structure of The Company. These are The Company's goals for the end of the year. It was necessary to open a 504 Offering through Regulation D, this was due to the lack of success in securing other means of funding and The Company needing to confront its current financial obligations. The Company does not intend on raising the Authorized Shares; there are various factors that can change that in the future such as not being able to secure additional means of funding through restricted offerings. The point being is we do not intend on raising the Authorized Shares, but are not counting it fully out as an option.
"While this is not the route we had hoped to take, it is moving The Company forward, simply at a slower rate than anticipated.
"I do want to inform the general public that our company is in its formative stages and some of our forward-looking statements can be affected by various factors that might cause The Company to alter its course or methods of operation.
"We look forward to updating shareholders when upcoming events are fully materialized."
CANNABIS SCIENCE INCORPORATED (OTCBB: CBIS)
"Up 63.65% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/CBIS.php
Cannabis Science Inc. is at the forefront of medical marijuana research and development. The company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products. It is dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.
CBIS News:
July 24 - CNN Pandemic Report on H1N1 Pushes Cannabis Science to Move Faster to Release Its Anti-Inflammatory Cannabis Drug as Similarities Between 2009 and Deadly 1918 Influenza Pandemic Cause Concern; FDA Approved Drugs Needed Now to Meet This Urgent Situation
Cannabis Science Inc. (OTCBB: CBIS), an emerging pharmaceutical cannabis company, is making its anti-inflammatory formulation that targets influenza symptoms one of its top priority drugs to release, as the latest Swine flu numbers are rapidly increasing and have become quite alarming. Research indicates that the current H1N1 influenza virus has disturbing similarities to the 1918 pandemic, which killed tens of millions after World War I. Moreover, the young and otherwise healthy population that has been most susceptible to the H1N1 virus is a similar demographic to those most affected in the 1918 outbreak.
Swine flu, Bird Flu and all influenza strains that elicit excessive inflammatory immune response are targeted with Cannabis Science formulations. The company is developing its strategy for studying the effects of its cannabis lozenge on influenza deaths that are associated with an excessive inflammatory response. A hyper-inflammatory response appears to be the cause of the high mortality (63%) associated with the Avian flu (H5N1), and recent studies indicate a similar risk with the Swine flu (H1N1) as well. The World Health Organization (WHO) released the latest figures and said the virus was "unstoppable" and had become widespread enough to raise the global Swine flu alert to its highest level.
Dr. Robert Melamede, Ph.D., Cannabis Science Inc. President & CEO, observed, "Contemporary anti-viral medical technology is currently inadequate to meet the World's immediate challenges in dealing with the rapid mutations and infectivity of the numerous influenza viruses. We believe that cannabis extract-based medicines can reduce influenza deaths, and allow infected individuals to develop a strong natural immunity upon recovery."
Specifically, Cannabis Science Inc. believes that its whole-cannabis extract lozenge will inhibit the development of ARDS (Adult Respiratory Distress Syndrome) associated with deaths from both the Avian and Swine influenza infections. Dr. Melamede believes there is enormous potential value for cannabinoids that naturally prevent excessive inflammatory immune responses. He stated, "Based upon recent discoveries regarding the role that endocannabinoid system plays in maintaining human health, we may have a unique solution to the looming threat posed by deadly influenza strains, which we believe, if implemented, could save millions of lives."
Previously, Dr. Melamede urged all cannabis consumers, "If you come down with the flu, cease smoking and switch to edibles. We believe that smoking marijuana when a person has influenza will lead to some unnecessary deaths, whereas eating it can prevent unnecessary deaths."
ARTFEST INTERNATIONAL INCORPORATED (OTCBB: ARTI)
"Up 52.94% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/ARTI.php
Artfest International, Inc. is a publicly traded company that brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. (www.artchannel.tv) and Art Channel Galleries, Inc. (www.ArtChannelGalleries.com), offering the most exciting product and rewards program in the history of direct sales marketing.
ARTI News:
July 24 - Artfest International, Inc. Receives $370,000 in Purchase Orders From Recent 'Sizzling Summer Saturday'
New South Korean Sales Office Accounts for 46% of Purchase Orders Received During Event
Artfest International, Inc. (OTCBB: ARTI) announced that the Company generated $370,000 in new purchase orders from this past weekend's "Sizzling Summer Saturday" art extravaganza at the Company's 52,000 square foot Expo Center in Dallas, Texas. Artfest International's new sales office in
Celebrity artists and their latest works were showcased in the spectacular galleries. National and international artists that appeared in person include: Ginger Cook, Lisa and D. Arthur Wilson, Tom Dubois, Julia Polansky, Romanho, and Harry Thompson, amongst others. Russian artist Luba Sterlikova, was the featured artist at the event. In addition to viewing the work of established artists, attendees with a passion for fine art had a chance to attend a business seminar and learn how they can generate extra income by owning their own on-line fine art gallery.
"We are excited about the success of this past weekend's 'Sizzling Summer Saturday' and the orders that were generated through the event. We believe our new South Korean sales office will play a part in helping ensure the success of future events as well as add to our bottom line, due to the strong direct marketing environment in the region," stated Edward Vakser, CEO of Artfest International, Inc.
ODYSSEY OIL & ENERGY INCORPORATED (OTCBB: OOGI)
"Up 31.58% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/OOGI.php
Odyssey Oil & Energy Inc. is a green technology company with two separate operating entities: carbon sequestration and advanced battery technology. These initiatives take the form of two operating entities called ALG Bio Oil Ltd and H-Power (PTY) Ltd.
OOGI News:
July 8 - H-Power Enters Into Negotiations With An International Wind Energy Company
Odyssey Oil & Energy, Inc. (OTCBB: OOGI) announces H-Power International (Pty) Ltd, 51% owned by Odyssey, has entered into negotiations with a major international wind energy company to utilize H-Power's patented Hybrid Battery Technology to store the power generated by the wind farms.
Once the power has been stored using the patented technology it can be used at anytime for distribution into an electricity grid. This revolutionary technology allows for the storage of alternative green energy including solar and wind power. Power storage has been a major obstacle for solar and wind energy producers for some time.
BIZAUCTIONS INCORPORATED (OTC: BZCN)
"Up 50.00% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/BZCN.php
BizAuctions, Inc. is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries. BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment. We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.
BZCN News:
July 23 - BizAuctions' Retail Store Gaining Sales in 7th Week of Operations
BizAuctions, Inc. (OTC: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks, and returns, announced today that its recently opened retail clothing store, Lucky 7's, continues to gain sales on a weekly basis after its seventh full week of retail operations.
"Lucky 7's is in its seventh full week of retail operations and sales have continued to increase weekly since the opening of the store on May 29, 2009. We are building a solid base of repeat customers and are continuing to see new customers looking for great buys on our name brand clothing and merchandise," noted Delmar Janovec, BizAuctions, CEO.
Janovec added, "Lucky 7's customer base is building by word-of-mouth from its repeat customers as minimal amounts have been spent for advertising. If our retail operations are as successful as we plan, we should see additional revenue growth while providing our customers with name brand products at reasonable prices."
BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
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