Dallas Tx 9/2/2009 11:46:27 PM
News / Business

EWRC, FWDG, GSAE, NVSR, GOHG, MNAP, BLDV, FLOW, VG, EGHT, CVRG OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, September 2nd

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EWORLD COMPANIES INCORPORATED (OTC: EWRC)

 

Detailed Quote: http://www.otcpicks.com/quotes/EWRC.php 

 

Company Profile: http://www.otcpicks.com/eworld-companies/eworld-companies.htm 

 

eWorld Companies, Inc. is an online marketing & advertising technologies company that develops and markets cutting edge technologies using rich media, flash, animation and 3D graphics to help individuals and businesses market and advertise online. eWorld's revenue model consists of seven components: (1) Affiliation Fees, (2) Affiliate Monthly Subscriptions, (3) Affiliate Benefit Subscriptions, (4) Product Sales, (5) Advertising Revenues, (6) Web Development Accounts, and (7) International Licensing Fees.

 

EWRC News:

 

September 2 - eWorld Companies Details Partnership With The Echelon Club

 

eWorld Companies, Inc. (OTC: EWRC) released details of its marketing alliance with The Echelon Club.

 

According to the agreement, eWorld and TEC will co-produce streaming video content of TEC's activities and events, which will be available for live on-demand viewing via eWorld's Boomerang Media Station(TM) video player. TEC and eWorld have also agreed to a revenue-sharing arrangement encompassing advertising revenues and retail sales, and viewership fees where applicable. This marketing alliance is a major milestone for eWorld Companies and will further contribute to the increased downloads expected to reach 2,000,000 per month in the near-term, generating $2,000,000 in monthly sales revenue.

 

"We are very fortunate to be working with such an organization, which hosts events such as the 'Keep a Child Alive' program with former U.S. President Bill Clinton and Sir Richard Branson," said Henning Morales, CEO of eWorld Companies, Inc. "The cross promotional activities with The Echelon Club will truly benefit us mutually and will increase our user base many times over," said Mr. Morales.

 

September 1 - eWorld Companies Hires Hilbroy Advisory as Its Corporate Finance Advisors

 

eWorld Companies, Inc. (OTC: EWRC) announced that it has retained the services of Hilbroy Advisory, Inc. to help manage its investment banking and corporate affairs.

 

Hilbroy Advisory's initial task will be to help manage financial disclosure and bring the status of the company current in its public disclosure through the Pinksheets News Service. Hilbroy Advisory will also advise management on negotiations with institutional investors as well as potential interested buyers.

 

J.F. Amyot, Managing Director of Hilbroy Advisory, Inc., commented, "This company has a tremendous potential and we are delighted to be working with them. eWorld is like a YouTube with the added benefit of a revenue model. Their technology and rich content makes this opportunity a reality, and the company should be prepared for every eventuality, including the possibility of a buyout offer as happened for YouTube."

 

Henning Morales, CEO of eWorld Companies Inc., added, "Although our company is not for sale, we do need to prepare ourselves for all future possibilities. Hilbroy Advisory will assist us in our reporting and financial structure, which will not only provide greater transparency to our investors but also help us attract additional investment dollars."

 

FUTUREWORLD ENERGY INCORPORATED (OTC: FWDG)

 

Detailed Quote: http://www.otcpicks.com/quotes/FWDG.php

 

Company Profile: http://www.otcpicks.com/Newsletter/FWDG_eProfile_082709.html

 

FutureWorld Energy, Inc., a Delaware corporation, is a U.S. diversified energy holding company, listed on the Over the Counter exchange, which was formed to capitalize on the burgeoning markets in renewable and alternative energy technologies globally. FutureWorld Energy, together with its subsidiaries, focused on the identification, acquisition, development, and commercialization of renewable and alternative energy technologies globally. Through established relationships with universities, research centers and government agencies, we strive to identify technologies on the leading edge of innovation that would contribute immensely to the global energy needs while protecting the future for our children and theirs.

 

FWDG News:

 

August 31 - FutureWorld Energy Announces Letter of Intent to Acquire Interest in Enhanced Biofuels and Technologies

 

Company to Acquire Interest in Groundbreaking Biomass Technology

 

FutureWorld Energy (OTC: FWDG), a vertically integrated "green" energy holding company, today announced a Letter of Intent to acquire an interest in Enhanced Biofuels and Technologies (EBT). Based in India, the private research lab provides over eight years of research and development of biofuels and bioenergy using only non-edible feedstock. EBT's groundbreaking jatropha-related technology was valued between 80 to 100 Million dollars in a private valuation by Ernst and Young in mid 2008. Terms of the LOI and Definitive Agreement are subject to normal due diligence from both companies with details to be released in the near future.

 

Through our acquisition of interest in EBT, FutureWorld energy's long-term plan is to put in production thousands of hectares of jatropha plantations in India, Southern Africa, Asia, Central and South America for cultivation and production of Bio-Crude oil (which could then be refined to Biodiesel, Jet fuel and other bio-related oils and fuels) to supply the anticipated global demand for biodiesel (only) of around 12.5 billion liters a year from 2010-11. There is substantial global shortage of bio-Crude oil from non-edible feedstock. There are approximately 170 biodiesel plants in production in the United States alone and thousands globally, and there exists an incredible opportunity to penetrate this market aggressively seeking new biodiesel production capacity. When it comes to alternatives to oil, research now shows that jatropha oil hold the greatest short and long-term promise among all other options available.

 

"We are extremely optimistic and excited to have the opportunity to enter into this LOI with EBT and negotiate the acquisition on behalf of our FutureWorld Renewable Energy Portfolio. When we successfully complete this purchase, we believe the development and release of this exciting new technology could allow FutureWorld Energy to become a leading producer, distributor, and manufacturer of bio-crude oil stock globally, as well as providing a major solution to help end our country's dependency on foreign oil," stated Sam Talari for FutureWorld Energy."

 

GREEN STAR ALTERNATIVE ENERGY INCORPORATED (OTC: GSAE)

 

Detailed Quote: www.otcpicks.com/quotes/GSAE.php 

 

Company Profile: http://www.otcpicks.com/Newsletter/GSAE_eProfile_091708.htm 

 

Green Star Alternative Energy is an environmentally conscious, renewable energy producer. The Company is working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focussed on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.

 

GSAE News:

 

August 27 - A New Audio Interview with Mike Andric, CEO of Green Star Alternative Energy, Inc., is Now at SmallCapVoice.com

 

SmallCapVoice.com, Inc. announced that a new audio interview with Green Star Alternative Energy, Inc. (OTC: GSAE) is now available. The interview can be heard at http://smallcapvoice.com/blog/8-26-09-audio-interview-with-green-star-alternative-energy-inc-otcpk-gsae.

 

NAVSTAR TECHNOLOGIES INCORPORATED (OTC: NVSR)

"Up 4.48% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/NVSR.php

 

Company Profile: http://www.otcpicks.com/navstar-technologies/navstar-technologies.htm

 

NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.

 

NVSR News:

 

September 2 - NavStar Technologies, Inc. Announces Software Deal With Vortex Solution

 

NavStar Technologies, Inc. (OTC: NVSR), a multinational firm focused on developing and commercializing asset tracking and monitoring devices for vehicles and high value cargo, announced a strategic relationship with Vortex Solution, a Canadian company with offices in Montreal and New York City, to provide the annuity-based services that NavStar has been seeking to complement its product offering.

 

N. Douglas Pritt, Chairman and CEO, confirmed that an LOI has been signed and that a final agreement will be completed in the next two weeks. The agreement includes a combination of stock, cash and a per user royalty payment.

 

"We decided to focus our attention on Vortex about three weeks ago when it became apparent that their monitoring/tracking software had been improve significantly over the past 12 months. They have 5 or 6 software engineers that have successfully integrated our hardware with their software and have sold several thousand NavStar units in Montreal under the brand name AVL Track," said N. Douglas Pritt, NavStar's Chairman and CEO. "Their experience with our product will easily accelerate the software/hardware integration by 6 months and gives us a proven software platform which is already supporting thousands of users."

 

"We are immensely pleased of NavStar's decision to establish a partnership with our firm for their software platform. We have already had great success with their hardware working on our platform in both the US and Canada. With 65 software engineers in place we can be very responsive to customer needs and the request for new services. Moreover, the markets on which NavStar is currently operating represent new horizons for our company," said Guy Michon, Vice President Vortex Solution.

 

The relationship with Vortex will provide NavStar with software services revenue that is being renewed by customers annually for 3 to 5 years. The annuitized revenue provided by these software services provides a significant boost to revenue and profitability.

 

ABOUT VORTEX SOLUTION

 

Vortex Solution is a full-service provider of Internet and Intranet services with the ability to fully leveraging the power and speed of the Internet to solve complex and business-critical problems. For further information about Vortex Solution visit www.vortexsolution.com.

 

ALPHA 1 SECURITY INCORPORATED (OTCBB: GOHG)

"Up 2.86% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/GOHG.php 

 

Company Profile: http://www.otcpicks.com/global-holdings/global-holdings.htm

 

Alpha1 provides Internet based (IP) data security services as well as develops and markets software and microprocessor-based products. Alpha1's primary data security products use an advanced form of computer security technology referred to as public key infrastructure (PKI) which enables Alpha1's products to integrate. Alpha1 is an approved NSA C-2 classified contractor.

 

GOHG News:

 

August 18 - Alpha1 Security Announces New $14 Million Submitted Bid to the Department of Defense

 

Alpha1 Security announces a bid valued at up to $14mm to the Department of Defense to provide secure wireless communications, services and hardware to each division within the Department. As previously announced Alpha1 Security Inc. has entered into an acquisition agreement with Global Holdings, Inc. (OTCBB: GOHG).

 

The services Alpha1 Security provides would be based on our patent-protected technology that Alpha1 Security owns. The technology revolutionizes the way in which enterprises connect wireless networks securely.

 

"Alpha1 Security is the technology leader of secure wireless networking technology -- our technology has been reviewed and endorsed by the government. We are the leader in security technology that has been reviewed and endorsed by the National Security Agency and is C2 certified," says Mark McCloy, COO and President, Alpha1 Security Inc.

 

Alpha1 Security is the technology leader in the $20BB market for providing secure network solutions and services. Alpha1 provides Internet based (IP) data security services as well as develops and markets software and microprocessor-based products. Alpha1's primary data security products use an advanced form of computer security technology referred to as public key infrastructure (PKI) which enables Alpha1's products to integrate. Alpha1 is an approved NSA C-2 classified contractor.

 

MANAS PETROLEUM CORPORATION (OTCBB: MNAP)

"Up 1.64% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/MNAP.php 

 

Manas Petroleum Corporation engages in the acquisition and exploration of oil and gas properties in Central Asia and the Balkans. The company’s wholly-owned subsidiary, DWM Petroleum, focuses on the exploration of oil and gas in Central Asia. It focuses on the exploration of large under-thrust light oil prospects. The company is involved in projects in the Kyrgyz Republic, Albania, Tajikistan, Mongolia and Chile. Kyrgyz Republic The company participates in its oil and gas exploration project in the Kyrgyz Republic through a venture with Santos International Holdings PTY Limited and a Kyrgyz government entity. This venture has five exploration licenses that cover a total area of approximately 569,578 acres (or 2,305 square kilometers). CJSC South Petroleum Company: The company participates in these projects through its 25% interest in CJSC South Petroleum Company (South Petroleum), a joint stock company formed in the Kyrgyz Republic. Albania The company has two production sharing contracts with the Albanian government in Tirana. These agreements comprise four blocks that cover approximately 766,000 acres (or approximately 3,100 square kilometers). The company has initialized a PSC for Blocks 2 and 3 in Albania. The blocks cover approximately 850,000 acres (or approximately 3,400 square kilo meters). Tajikistan In 2007, the Tajikistan government awarded the company’s subsidiary, CJSC Somon Oil Company (Somon Oil), an exploration license in the Fergana Basin covering approximately 303,198 acres (approximately 1,227 square kilometers). The company holds a 90% interest in Somon Oil while Anavak LLC holds the remaining 10%. This license, the West (Novobod-Obchai-Kalacha) license, contains a number of under-thrust leads and prospects including the Khodja-Bakirgan which is several kilometres north of South Petroleum’s South Tuzluk prospect in the Kyrgyz Republic. Chile In 2007, the company created a consortium with Independent Petroleum Resources, with exploration and production operations in North America, North Africa, the Middle East, and Southwest Asia. In 2007, the consortium was awarded a license to explore and exploit the onshore Tranquilo block by Empresa Nacional del Petróleo-Chile. The block (6,760 square kilometers) is situated in the Magallanes Basin in the southern part of Chile. The company incorporated Manas Energia Limitada, a Chilean company, to hold the license.

 

MNAP News:

 

September 2 - Manas Petroleum Announces That a New Research Report Has Been Issued by Cohen Independent Research Group

 

A new research report has been issued on Manas Petroleum Corp. (OTCBB: MNAP) by Cohen Independent Research Group. The report was commissioned by Manas Petroleum Corp. Visit www.cohenresearch.com/reports/mnap_08-26-09.pdf for the Manas Report.

 

BLUE DIAMOND VENTURES INCORPORATED (OTC: BLDV)

"Up 666.67% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/BLDV.php 

 

Blue Diamond Ventures, Inc. is an agricultural company, and through its affiliate, Blue Diamond Ventures Biofuels, LLC, conducts business as a biofuels company with operations in the U.S. and future endeavors in the Caribbean and Ethiopia.

 

BLDV News:

 

September 2 - Blue Diamond Ventures Moves Toward Wind Turbine Agreement, Following Highly Favorable Wind Study Results

 

Following highly favorable wind study results in Huerfano County, Colorado, Blue Diamond Ventures, Inc. (OTC: BLDV), through its affiliate Blue Diamond Ventures Renewables, LLC, and its joint venture partner Freedom Works, LLC, have moved toward a wind turbine supply agreement and final designs to construct a 198 megawatt wind project plus 68 miles of transmission line.

 

On-site met tower wind data for the joint venture's Huerfano Project will be completed on September 8, 2009. The data for the project is available at:

 

www.engr.colostate.edu/ALP/ALP_62_Sheep_Mountain.htm.

 

The new study is the culmination of five years of wind data studies throughout Huerfano County and proves the existence of resource at the Colorado Wind Generation Resource Area #8 as described by the Governor's Energy Office. The project's transmission line has been identified by Colorado Governor Bill Ritter as the number one transmission priority in the State of Colorado.

 

"Despite the current economic environment, we have worked extremely hard to meet our goals and increase shareholder value," said Blue Diamond CEO John Quincey Moaning.

 

Last year, the company established a goal to implement its renewable generation portfolio — the foundation of which is the development of basic infrastructure to facilitate timely transmission, substation and wind turbine generator installations in the Midwestern United States.

 

FLOW INTERNATIONAL CORPORATION (NASDAQ: FLOW)

"Up 11.43% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/FLOW.php 

 

Flow International Corporation is the world's leading developer and manufacturer of ultrahigh-pressure waterjet cutting technology to industries including automotive, aerospace, job shop, surface preparation, and more.

 

FLOW News:

 

September 1 - Flow International Prices Offering of Common Shares

 

Flow International Corporation (Nasdaq: FLOW), the world's leading developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, today announced the pricing of its public offering of 7,825,000 of its common shares at $2.10 per share. Gross proceeds from the offering are expected to be approximately $16.4 million. Flow has granted the underwriter an option to purchase up to an additional 1,173,750 shares of common stock at the public offering price, less the underwriting commission, within 30 days following pricing. The offering is expected to close on or around September 8, 2009.

 

Flow intends to use the net proceeds from the offering for the repayment of debt under its credit facility and for general corporate purposes.

 

Roth Capital Partners, LLC acted as the sole underwriter for the offering.

 

The common stock was offered pursuant to an effective registration statement filed with the Securities and Exchange Commission. Offers and sales of the common stock will be made only by the related prospectus and prospectus supplement. Copies of the prospectus and prospectus supplement relating to this offering may be obtained, when available, from Roth Capital Partners, LLC by e-mail to rothecm@roth.com, by fax to (949) 720-7227 or by mail to 24 Corporate Plaza Drive, Newport Beach, CA, 92660, Attention: Equity Capital Markets.

 

VONAGE HOLDINGS CORPORATION (NYSE: VG)

"Up 27.97% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/VG.php 

 

Vonage Holdings Corp., through its subsidiaries, provides broadband Voice over Internet Protocol services to residential and small business and home office customers. It offers various features, such as call waiting, caller ID with name, call forwarding, and voicemail. The company also provides area code selection, number portability, online account management, and personalized Web-enabled voicemail. In addition, it offers services, including Vonage visual voicemails, virtual phone numbers, toll free numbers, and residential and business fax services, as well as Vonage SoftPhone, a software application that is downloaded and installed on computers, laptops, and WiFi-enabled personal digital assistant devices, which enables user to use a computer as a telephone. Further, the company offers Vonage-enabled devices, such as Vonage V-Portal to connect up to two Vonage lines through a high-speed Internet connection and includes a networking router; analog telephone adapters, which convert analog audio signals into digital data packets for transmission over the Internet; integrated adapters and wireless routers; Vonage Bundled Cordless Phone; V-phone, a USB compatible device; and Vonage Companion, a downloadable softphone that can be loaded on a laptop or PC. As of December 31, 2008, it had approximately 2.6 million subscriber lines in service. The company was incorporated in 2000 and is headquartered in Holmdel, New Jersey.

 

VG News:

 

September 1 - Vonage Obtains Application Approval for iTunes App Store

 

Vonage (NYSE: VG) has announced that Apple approved its mobile application for iPhone and iPod Touch. Vonage is currently conducting a beta test and general availability will be announced at a later date.

 

This new service, along with the recent launch of the Vonage World unlimited calling plan, continues Vonage's heritage of using innovative technology to create significant value for its current and future customers.

 

8x8 INCORPORATED (NASDAQ: EGHT)

"Up 11.85% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/EGHT.php

 

8x8, Inc. offers voice, video, mobile and web conferencing communications solutions for business and residential customers. These solutions leverage existing broadband Internet connections and cellular networks to deliver advanced features and digital quality phone service at a fraction of the cost of legacy, copper wire alternatives. Businesses of any size, configuration or geographic location can benefit from the cost, performance and operational advantages of VoIP technology. All 8x8 communications solutions carry little or no upfront investment, no maintenance or upgrade fees and no change in user behavior.

 

EGHT News:

 

September 1 - 8x8 Adds New 'Virtual Meeting' Web Conferencing Solution to Business Service Offerings Simplified, Low Cost Online Collaboration Tool is Accessible From Any Web Browser and Any Computing Platform

 

8x8 Inc. (Nasdaq: EGHT), provider of innovative Internet Protocol (IP) communications solutions, today announced the addition of a new, web-based conferencing service to its existing portfolio of business communication offerings for small to medium sized businesses.

 

The first in a series of new unified communications services to be introduced over the coming months, the "8x8 Virtual Meeting" web conferencing service is an online collaboration tool accessible instantly (no software download required) from any web browser and any computing platform. Available as an add-on service for existing 8x8 customers or as a standalone offering for new subscribers, 8x8 Virtual Meeting lets users conduct centralized online meetings, complete with integrated voice conferencing (to and from any telephone or web browser platform), presentation slide sharing, desktop and application sharing, instant messaging, chair control, conference control and call recording, with up to 50 participants per conference.

 

"Small businesses, like those that subscribe to our 8x8 Virtual Office hosted phone services, want and need the same communications tools enjoyed by larger enterprises," said 8x8 Chief Marketing Officer Debbie Jo Severin. "In fact, in a recent survey of our existing business customers, more than 60% of them told us they already use some form of web conferencing in their day to day operations. 8x8 Virtual Meeting is a powerful collaboration tool that embodies all of the cost, performance and ease-of-use characteristics valued by our small business customers. We are excited to offer this new service and look forward to introducing additional communications solutions specifically geared to the small business market."

 

Ideal for businesses interested in reducing travel costs or enhancing internal and external communications, 8x8 Virtual Meeting offers unlimited conferencing, giving users the flexibility to conduct regular meetings with employees, associates, customers and prospects in remote locations worldwide. Highlights of the 8x8 Virtual Meeting web conferencing service include:

 

* No software download, plug-ins or supplemental hardware required.

* Integrated VoIP, chat, desktop sharing and dial in/dial out features.

* Unlimited meetings for a low monthly or annual price.

* Up to 15 participants per meeting with the option to add more for a minimal cost.

* One free local dial in number.

* Flexible local and international toll or toll free meeting dial-in numbers available.

* Audio-only meetings, audio and web meetings or web-only meetings.

* Record any audio meeting or portions of a audio meeting.

* Playback and/or download meeting audio recordings.

* Perform desktop sharing and pass controls to participants.

* Seamless integration with 8x8 Virtual Office services including corporate directory

* Extensive meeting management capabilities for meeting creators and participants.

* Organize past meetings, upcoming meetings and meetings in progress.

* Create private group audio sessions during a live meeting.

* Customize dial in numbers for each meeting, including international numbers from 19 countries and more than 50 international destinations.

* Request and manage participant RSVPs online.

 

Existing 8x8 subscribers can add 8x8 Virtual Meeting service with unlimited conferencing for just $29.99 per month. As a standalone service, 8x8 Virtual Meeting is priced at $39.99 per month. For a limited time, 8x8 is offering a free 30-day trial version with unlimited conferencing, up to 15 participants per meeting and a free local dial-in number. Visit http://business.8x8.com/virtual_meeting/index.html for additional information.

 

CONVERGE GLOBAL INCORPORATED (OTC: CVRG)

"Up 5.13% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/CVRG.php 

 

Converge Global Inc. is a junior mining company whose business strategy is to acquire existing gold mines as well as to explore new gold properties across the globe with a current focus on Northern Canada and South America.

 

CVRG News:

 

August 31 - Converge Global Expands Golden Twist in Northern Ontario

 

Converge Global, Inc. (OTC: CVRG) announced that it has completed its acquisition for 100% interest in 2 additional claims with 12 units (Claim #4251158 and Claim #4251159) to further expand the Golden Twist Property in Powell Township, Larder Lake Mining Division, District of Temiskaming, in the Province of Ontario, Canada.

 

The Golden Twist Property will now consist of 7 claims with 64 units and is located 5 km west-northwest of the town of Matachewan. Northgate Minerals Corporation is developing its Young-Davidson exploration project in the area and recently announced that it more than doubled the underground gold resources to over 3.0 million measured and indicated ounces at an average grade of 3.62 g/t.

 

Bryan Gonzales, President stated, "The expansion of the Golden Twist Property will strengthen our portfolio in the Larder Lake Mining Division. We continue to look forward to developing our presence in Ontario by utilizing our team of local mining experts and their vast knowledge of the area."

 

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Disclosure: OTCPicks.com is being compensated eight thousand dollars by a third party (Mickey Reno) for EWRC advertising and promotional services. OTCPicks.com has been compensated eight thousand dollars by a third party (Mickey Reno) for FWDG advertising and promotional services. OTCPicks.com has been compensated eight thousand dollars by the company for GSAE advertising and promotional services. OTCPicks.com has recently been compensated five thousand free trading shares from Onyx Consulting for GSAE advertising and promotion. OTCPicks.com has been compensated eight thousand dollars by a third party (Mickey Reno) for NVSR advertising and promotional services. OTCPicks.com has been compensated twenty thousand free trading shares by a non-controlling third party for GOHG advertising and promotional services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. OTCPicks.com is a website partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.