Our Stocks to Watch tomorrow include myPhotopipe.com, Inc. (OTC: MPPC), Cheetah Oil & Gas Ltd. (OTCBB: COHG), Golden Eagle International Inc. (OTCBB: MYNG), International Aerospace Enterprises Inc. (OTCBB: IARO), Premier Mortgage Resources Inc. (OTC: PMRS) and XsunX Inc. (OTCBB: XSNX).
MYPHOTOPIPE.COM INCORPORATED (OTC: MPPC)
"Up 40.00% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/MPPC.php
MyPhotopipe.com Inc. is a US-based provider of online digital photo processing and related services catering to high-end amateur and professional photographers. The Company’s primary web portal is www.myphotopipe.com. Its services include photo finishing and printing, online sharing, photo books, digital photo templates, and online hosting and selling of photographs. The Company provides services to more than 18,500 professional and high-end amateur photographers nationwide; more than 190,000 copies of its software have been downloaded and are in use.
MPPC News:
October 8 - myPhotopipe.com Reports Record September Revenues, Record Third Quarter Revenues
myPhotopipe.com, Inc. (OTC: MPPC) announced record revenues for the month of September and the third quarter of 2009.
For the three months ended September 30, 2009, revenues totaled $411,499, which represented an increase of 2.7% when compared with sales of $400,484 in the third quarter of the previous year. Revenues for the month of September 2009 increased 17.6% to $136,638, compared with $116,096 in September 2008.
myPhotopipe.com attributes much of its recent growth to initiatives that were set into motion approximately 80 days ago, including the Company's launch of an all-new online ordering platform with enhanced digital technologies, its entry into photo gifts through a previously announced partnership with IYP, and a sharp increase in the Company's marketing cycle. The Company now maintains a flow of product information, special promotions, and news regarding educational workshops to its customers on a weekly basis versus a monthly basis in the past, reflecting the pace of the Internet and the rapidly evolving nature of online digital photo media.
"This is exactly where we hoped to be," observed myPhotopipe.com's Chief Financial Officer, Bill LeRoy. "We came in three months ago to supercharge this company. We wanted to quicken the marketing pace, broaden the product line, and roll-out technologies that made the online experience faster and easier. We had our first indication that we were moving the needle in the right direction when our August sales set record levels. An even stronger September allowed us to record a successful third quarter and let us know that we're on to something here. We think the digital photo space — particularly the professional segment — is entering a growth phase similar to what online music enjoyed several years ago, and our recent revenue growth suggests that we are well-positioned to be a major player in this space."
The Company expects to report its full operating results for the third quarter and first nine months of 2009 within the next several weeks.
CHEETAH OIL & GAS LIMITED (OTCBB: COHG)
"Up 318.18% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/COHG.php
Cheetah’s an oil & gas company active in
COHG News:
September 17 - Cheetah Oil & Gas Announces Financing, Debt Consolidation and Drilling Update
Cheetah Oil & Gas Ltd. (OTCBB: COHG) (the "Company" or "Cheetah") reports that it has completed an equity financing, partial debt settlement and farm out agreements that will support ongoing operations as the Company enters final preparations for drilling at the light oil Belmont Lake project in Mississippi.
After issuing 4,250,000 new shares to complete the recent financing, debt settlement and farm-out agreements, Cheetah will have 7,958,674 shares issued and outstanding.
The Company’s existing wells continue to produce oil at the proven oil field,
The Company is in the final planning stage for drilling additional production well(s) as it attempts to increase oil production and cash flows with the expectation that the first oil well will be spud around September 21, 2009.
GOLDEN EAGLE INTERNATIONAL (OTCBB: MYNG)
"Up 163.64% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/MYNG.php
Golden Eagle International, Inc. is a gold and copper exploration, mining and milling company headquartered in
MYNG News:
October 13 - Golden Eagle Receives Letter of Intent Offering $10 Million for the Purchase of Gold Bar Mill and Invitation to Negotiate Operating Agreement
Golden Eagle International, Inc. (OTCBB: MYNG) reported that it has received a Letter of Intent ("LOI") offering $10 million for the purchase of the Company's Gold Bar mill from LWMG, LLC ("LWMG"), a private exploration and mining company with mining interests in Nevada and Utah. The Gold Bar mill is a 3,500 to 4,000 tpd CIP gold mill located 25 miles northwest of
The terms of the LOI provide for a $1 million down payment to be made by October 30, 2009, with $9 million deposited into escrow pending the completion of the permitting process. LWMG has also offered to negotiate a long-term operating agreement (referred to as a "tolling relationship" in its LOI), which would call for Golden Eagle to be the operator of the Gold Bar mill. However, if the permitting process were not successful, then the offered purchase price would decline to $5 million.
The Company anticipates that it an LWMG will meet in the near future to negotiate the terms and conditions of both the proposed sale of the Gold Bar mill and the operating agreement. Golden Eagle also intends to carry out due diligence regarding LWMG's offer, and further intends to cooperate with LWMG on its due diligence with respect to the proposed transaction. Among the questions to be addressed during the negotiation period are when the $1 million down payment will be made and the conditions for its return to LWMG, when the $9 million will be deposited into escrow, the nature of the permitting that will be required as a condition for the full $10 million purchase price, to allocate responsibility for permitting and due diligence operations, to set forth additional conditions precedent to the transaction, and to establish a timetable for the completion of the transaction.
While Golden Eagle cannot offer any assurance that it will reach satisfactory terms with LWMG regarding its offer to purchase the Gold Bar mill, or for an operating agreement, the Company intends to enter into good faith negotiations with LWMG to seek mutually beneficial terms and conditions.
INTERNATIONAL AEROSPACE ENTERPRISES (OTCBB: IARO)
"Up 37.35% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/IARO.php
International Aerospace Enterprises, Inc. is an innovative and aggressive provider of discounted military aircraft spare parts for U.S. Ally partners throughout the world. The company offers inexpensive and shipment ready aircraft spare parts for both military and commercial aircraft users that meet all industry standards for quality manufacturing.
IARO News:
October 13 - Skymark Research Initiates Independent Research Coverage On International Aerospace Enterprises, Inc.
Skymark Research, a leading provider of small- and micro-cap independent investment research, has initiated coverage on International Aerospace Enterprises, Inc. (OTCBB: IARO). Skymark Research is currently offering a complimentary trial subscription. To view the company's research, go to www.skymarkresearch.com.
PREMIER MORTGAGE RESOURCES INCORPORATED (OTC: PMRS)
"Up 50.00% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/PMRS.php
Premier Mortgage Resources, Inc. operates as the holding company of United National, Inc., providing services and financing to its subsidiary. As of September 30, 2001, it had no significant business operations of its own. It provides certain staff functions to its subsidiaries, which include overall management; strategic direction; financing; legal services; accounting; and related services, including cash management and budgeting, marketing, and public relations/advertising. United National Mortgage, LLC (UNM), the subsidiary of United National, Inc., operates as the mortgage banking division of Premier Mortgage Resources, Inc. It primarily focuses on retail and wholesale origination and the sale of mortgage loans for one-to-four family properties. UNM also engages in the origination and brokerage of loans on commercial real estate assets, including shopping centers, office properties, and other commercial loans.
PMRS News:
October 3 - Premier Mortgage Resources Releases Financial Information
The latest income statement for Premier Mortgage Resources, Inc. (OTC: PMRS) is available at http://finance.yahoo.com/q/is?s=pmrs.pk.
XSUNX INCORPORATED (OTCBB: XSNX)
"Up 29.41% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/XSNX.php
Xsunx, Inc., a thin-film photovoltaic (TFPV) company, focuses on developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. Its product includes XsunX ASI-120 module, which is a 125 peak watt TFPV solar module utilizing glass substrates and a proprietary semiconductor manufacturing system. XsunX ASI-120 provides for a module delivering high power output, and size and framing that would allow for the use of various existing mounting systems. The target markets for the TFPV solar module include solar farms, government agencies, and utility companies, as well as power purchase agreements and large commercial installations worldwide. The company, formerly known as Sun River Mining, Inc., was incorporated in 1997 and changed its name to XsunX, Inc. in 2003. XsunX is headquartered in
XSNX News:
October 13 - Skymark Research Initiates Independent Research Coverage On XsunX, Inc.
Skymark Research, a leading provider of small- and micro-cap independent investment research, has initiated coverage on XsunX, Inc. (OTCBB: XSNX). Skymark Research is currently offering a complimentary trial subscription. To view the company's research go to www.skymarkresearch.com.
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