Our Stocks to Watch tomorrow include Wellstar International Inc. (OTCBB: WLSI), Invicta Group Inc. (OTC: IVIT), Solos Endoscopy Inc. (OTC: SNDY), Joe's Jeans Inc. (Nasdaq: JOEZ), DealerAdvance Inc. (OTC: DLAD) and Black Dragon Resource Companies Inc. (OTC: BDGR).
WELLSTAR INTERNATIONAL INCORPORATED (OTCBB: WLSI)
"Up 100.00% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/WLSI.php
Wellstar International, Inc., through its wholly owned operating subsidiary Trillenium Medical Imaging, Inc. (TMI), is poised to become a leading diagnostic company in the health care industry. TMI has developed and is marketing fully calibrated and functional, thermal imaging systems that utilize state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body. More information on the Company and its unique diagnostic software and product line is available on Wellstar's corporate Website.
WLSI News:
October 14 - Wellstar International Announces Funding
Wellstar International, Inc. (OTCBB: WLSI) has announced that it has entered into a financing agreement with JMJ Financial to provide the Company with an expected $1.2 million dollars in operational funding over the eighteen months. Details of the financing were contained in the Company's Form 8-K filing with the Securities and Exchange Commission on October 9, 2009.
The initial funding has been transferred to Wellstar and is expected to continue on a monthly basis. This funding will allow Wellstar to continue to operate in the near future and develop the completion of its Trillennium Medical Imaging System for rollout to the medical community. Although we have entered into a definitive agreements with respect to the financing with JMJ Financial, we cannot provide any guarantee that the funding outlined in the agreements will continue on a monthly basis or at all.
Wellstar International, Inc. seeks to be the first-to-market in deep tissue injury and pressure ulcer detection using its proprietary infrared imaging system. Thermal Imaging is a low cost, noncontact, non-radioactive diagnostic screening procedure designed for clinical evaluation. In addition, thermal imaging provides an ability to track the progress of therapies being utilized in a low cost, non-invasive manner. Thermal Imaging can detect signs of pressure ulcers before they are visible with the naked eye through detection of temperature changes at the site which allows for treatment of the pressure ulcer before it erupts. The TMI system can be used to scan all new patients into hospitals and long-term care facilities prior admittance and begin treating existing wounds before they are visible.
INVICTA GROUP INCORPORATED (OTC: IVIT)
"Up 87.50% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/IVIT.php
Invicta Group, Inc. is a full service multimedia management and marketing company. Invicta utilizes a number of websites, a large database, event productions and promotions, and its experienced team to help clients manage, maintain and improve their overall businesses. Current projects include:
IVIT News:
October 15 - The Invicta Group Acquires IMAGE
The Deal Allows Invicta to Add an Established Media Brand While STL Can Focus More on Their Core Business and Reduce Some Liabilities
Invicta Group Inc. (OTC: IVIT) announced that the company has acquired specific assets related to IMAGE Chicago Magazine and the IMAGE Worldwide brands. The main purpose of this new acquisition is to help the Invicta Group expand their media, marketing, event production, and event promotion services.
IMAGE Chicago Magazine and IMAGE Worldwide have been involved with 100s of special events ranging from celebrity appearances, fashion shows, product launch events, and other types of events during the past 5 years. IMAGE has also been printing the magazine IMAGE
Invicta is going to revamp the magazine to focus a larger portion on health and beauty and tie in the medical community, especially those involved with the Water Tower Surgery Center. The magazine will still cover celebrities and fashion but will expand its coverage and distribution to include more of the health and beauty industries.
STL Marketing Group CEO Steven St. Louis said, "Our core businesses include printing, packaging, and design solutions and this sale helps us improve our balance sheet and focus more on our core businesses."
Invicta Group's CEO Paul Sorkin said, "This is another great acquisition for the Invicta Group. IMAGE is a perfect fit for the Water Tower Surgery Center. A person's health and beauty help define their IMAGE and we couldn't think of a better way to help doctors showcase and market their IMAGE in print, online, and at events. The new magazine will be released in early December and will include some expanded editorial along with some additional relevant strategic distribution."
ABOUT IMAGE
IMAGE Chicago Magazine is an entertainment and lifestyle magazine that focuses on everything in fashion, health, beauty, and entertainment for the
ABOUT STL MARKETING GROUP
STL Marketing Group is committed to brand movement through Three distinct vehicles: creative and design services, packaging and supply solutions, printing and mailing. These core business units allow for supply chain synergy and a one-stop shop approach for clients to achieve their strategic communications objectives. Vertical integration and cross promotion between company sectors allows STL Marketing Group the ability to share key resources, maximize efficiencies, and utilize economies of scale. These components improve buying power for the corporation and increase value for clients and shareholders. STL Marketing Group will utilize a blend of products, services, and relationships to create an extraordinary customer experience and foster unbounded company growth.
SOLOS ENDOSCOPY INCORPORATED (OTC: SNDY)
"Up 60.56% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/SNDY.php
Solos Endoscopy, Inc. is a healthcare technology company whose mission is to develop and market breakthrough technology, applications, medical devices and procedural techniques for the screening, diagnosis, treatment and management of medical conditions. Backed by technical support, Solos' sales team can help make the right buying decisions for the hospital, surgery center, or physician office.
SNDY News:
October 16 - Solos Endoscopy, Inc. Receives Multiple Purchase Orders for its MammoView™ Product Line
Solos Endoscopy, Inc. (OTC: SNDY) announced that the Company has received multiple purchase orders for its MammoView™ line of surgical endoscopy instruments from Wheaton Franciscan Healthcare. Wheaton Franciscan Healthcare is one of the largest integrated, non-profit healthcare systems in
Wheaton Franciscan Healthcare provides nearly one-fourth of the total health care delivered in
"We are excited to be supplying our MammoView surgical endoscopy line of instruments to one of
Solos Endoscopy recently announced that the Company has taken the initial steps to get the CE Marking for its MammoView™ line of surgical instruments. This will allow the MammoView™ line to be sold throughout the European Economic Union (EEU), which represents 30% or $94 Billion of the worldwide demand for medical instruments.
For more information on Wheaton Franciscan Healthcare, please visit www.mywheaton.org.
JOE'S JEANS INCORPORATED (NASDAQ: JOEZ)
"Up 50.06% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/JOEZ.php
Joe's Jeans Inc. designs, produces and sells apparel and apparel-related products to the retail and premium markets under the Joe's® brand and related trademarks.
JOEZ News:
October 15 - Joe's Jeans Reports a 16% Increase in Third Quarter 2009 Net Sales
Joe's Jeans Inc. (Nasdaq: JOEZ) (the "Company") announced its financial results for the third quarter ended August 31, 2009. Highlights were:
* Third quarter net sales increased 16% to $21.2 million
* Gross margins remained steady at 49%
* Operating income increased 22% to $2.8 million
* Net income was $1.9 million with earnings per share of $0.03
For the third quarter, overall net sales were $21.2 million compared to overall net sales of $18.2 million from the prior year comparative period, a 16% increase. Marc Crossman, President and Chief Executive Officer, commented, "We are pleased with our performance for the quarter with essentially all of our distribution channels, namely domestic women's, domestic men's, licensing, and retail, experiencing sales increases."
Gross profit for the third quarter of fiscal 2009 was $10.4 million compared to $9.0 million, a 16% increase. For the third quarter of fiscal 2009, gross margins were consistent at 49%. SG&A expenses during the third quarter of fiscal 2009 were $7.4 million compared to $6.5 million in the third quarter of fiscal 2008, a 13% increase. Mr. Crossman continued, "We continue to manage effectively our expense structure while launching new product categories, rolling out our company owned retail stores, and investing in advertising and promoting the brand for long-term, sustainable growth. The increases in SG&A were largely limited to expenses associated with the retail stores we opened during the fourth quarter of fiscal 2008."
Mr. Crossman concluded, "These results translated into net income for the third quarter of fiscal 2009 of $1.9 million and earnings per share of $0.03. We had what we believe to be a very productive quarter which we will continue to build upon in the fourth quarter of 2009 and into 2010."
To access the live call, please dial (800) 299-6183 (
DEALERADVANCE INCORPORATED (OTC: DLAD)
"Up 75.00% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/DLAD.php
DealerAdvance, Inc. engages in the design, development, marketing, sale, and installation of a Web-based application software and database system that manages the auto dealer-client relationship in the
DLAD News:
October 14 - DealerAdvance Announces New CUSIP Number
Files Name Change With FINRA
DealerAdvance, Inc. (OTC: DLAD) announced that it has filed and received its new CUSIP number and has also filed the anticipated name change to Cabal Communications Corporation with FINRA.
DealerAdvance, Inc. CEO Steven E. Humphries said, "We received the new CUSIP number last week (10/8) and filed for our name change to Cabal Communications Corporation with FINRA yesterday."
DealerAdvance announced that it would be changing its name in August when the company also announced its plans to become a broad-based media company with holdings in the print and broadcasting industries.
DealerAdvance currently owns local Dallas/Fort Worth publication, Sports Page Weekly, Inc. Sports Page Weekly is now in its eighth year of operation and is in the process of syndicating its product in the top sports franchise markets in the
BLACK DRAGON RESOURCE COMPANIES (OTC: BDGR)
"Up 38.89% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/BDGR.php
Black Dragon is an oil and gas exploration and production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. This focus has eliminated exploration risk, reduced costs of completion, and provided rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete. Black Dragon intends to recomplete additional shallow producing wells and to expand its focus to include drilling of new wells, some to deeper levels, and to purchase additional leases.
BDGR News:
October 16 - Black Dragon Expanding Gas Revenues With Well Connections
Black Dragon Resource Companies, Inc. (OTC: BDGR) ("the Company", "Dragon") recently announced the initiation of a project to capture production from associated gas on oil wells, and from existing gas wells. There could be in excess of 200 currently producing oil wells outfitted for dual production in this manner. The first group of wells has now been connected to capture the gas. The effort will continue in a regularly scheduled program.
Currently, most of Dragon's producing chalk oil wells are producing some gas. There are other non-associated gas wells that have been inactive. The project has begun to identify a work program to bring these existing gas producers on line and connected to the pipeline. Meanwhile new wells on new leases at deeper depths are being planned. These actions will increase company revenue and add shareholder value. Management believes that gas production can be as high as 9 mmscf per month, which could contribute around $30,000.00 per month in gross revenue. The cost to ramp up production could be as high as $150,000.00, but the project, together with higher gas prices, now makes it an appropriate time to put resources on this matter.
Considering the existing oil and gas assets, Dragon plans to exploit its full asset value. These actions should enhance market perception and add true value to the hydrocarbon reserves of the company. It was previously reported that a new 640 acre lease was obtained that will add to this value when the first two wells there come on later this year. The newly acquired Haynesville Shale royalty is another potential revenue generator.
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