Our Stocks to Watch today include Our Stocks to Watch today include Jaguar Mining Enterprises Inc. (OTC: JAGR), Biomagnetics Diagnostics Corp. (OTC: BMGP), American Sierra Gold Corp. (OTCBB: AMNP), Magnum D'Or Resources Inc. (OTCBB: MDOR), Diverse Media Group Inc. (OTC: DVME), NT Media Corp. (OTCBB: NTMI), Bederra Corp. (OTC: BEDA), XTend Medical Inc. (OTC: XMDC), Joe's Jeans Inc. (Nasdaq: JOEZ), Mammoth Energy Group Inc. (OTC: MMTE), DealerAdvance Inc. (OTC: DLAD) and Black Dragon Resource Companies Inc. (OTC: BDGR).
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JAGUAR MINING ENTERPRISES INCORPORATED (OTC: JAGR)
"Up 28.57% in morning trading"
Detailed Quote: www.otcpicks.com/quotes/JAGR.php
Company Profile: http://www.otcpicks.com/jaguar-mining/jaguar-mining.htm
Jaguar Mining Enterprises, Inc. is an independent mining company engaged in the acquisition, development, and exploitation of iron ore primarily mined in
JAGR News:
October 19 - Jaguar Mining Enterprises Provides Operations Update and Outlook for Cascaronal Project, Jalisco
Jaguar Mining Enterprises, Inc. (OTC: JAGR) provided an update on pre-production operations on the Cascaronal Project as well as an outlook on its Mexican operations and strategy for the Company.
Jaguar CEO Dale Williams commented: "One of the reasons that iron ore is an enticing area for investment and is attracting attention from investors is the prospect of increasing demand as steelmakers recover. Recently, Rio Tinto Group, the third largest mining company in our industry, raised its 2009 forecast after a strong performance in the second and third quarters. The world's strengthening economy and China's increasing demand for steel under its economic stimulus program has worked against the push for lower-priced iron ore, and we plan to begin production on our Cascaronal Project in time to participate in what we feel will be an upswing in iron ore prices going forward."
Jaguar is currently finalizing its pre-production plans for the Cascaronal Project including equipment leases, facilities, transportation and permitting. During upcoming meetings in
With the impending announcement of the Cascaronal Project achieving commercial production, Jaguar plans to make its mark as a reliable producer and provider of iron ore to key international markets. Mr. Williams said, "The iron ore mining and processing experience of our technical team will be a vital component for a successful transition. Additionally, it is most important for an iron ore producer to have access to reliable transportation and port facilities in order to leverage the opportunities of international demand. Jaguar is in the process of securing both."
Outlook
Jaguar plans to convert the Cascaronal Mine from pre-production to production, with the mine being brought up to full production within 120 days thereafter. The company anticipates that it will be cash flow positive at the end of 2010, with revenue of $4.5 million and earnings of $.02 per share. Thereafter, Jaguar is forecasting a 300% increase in annual revenues by fiscal year end in 2012 based solely upon the estimated reserves of the mining leases it currently holds.
Jaguar intends to build upon the platform of assets, production, and cash flow established over the next 12 months. The growth profile of Jaguar will include three primary areas of focus: organic growth of production at the Cascaronal Project; the development of two additional mines in Colima,
BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)
Detailed Quote: http://www.otcpicks.com/quotes/BMGP.php
Company Profile: http://www.otcpicks.com/biomagnetics-diagnostics/biomagnetics-diagnostics.htm
Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.
BMGP News:
October 19 - Biomagnetics Diagnostics Completes Equity Financing Round; Prepares Entry into Malaria and Tuberculosis Diagnostics Markets
Biomagnetics Diagnostics Corp. (OTC: BMGP), a producer of revolutionary diagnostic systems and technology for malaria, tuberculosis, HIV and hepatitis testing today announced the completion of its equity financing designed to fund entry into the Integrated Optical Biosensor Systems (IOBS) market. Through this round of equity financing the Company received cash and commitments of approximately $1 million from several private investors and a single philanthropic organization.
“We view the market for both malaria and bovine tuberculosis testing to be significantly underserved with few viable field deployable technologies available. In 2010 we plan to introduce a new generation of products to target this area. This equity financing will be instrumental in this market entry,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics. “We believe this technology upon commercialization will not only be profitable for Biomagnetics and our investors, but will also provide an important tool in the medical, research and anti-bioterrorism communities that can potentially improve and save lives.”
According to the World Health Organization, some 3.2 billion people, or about half the world's population is at risk of malaria transmission in 107 countries and territories worldwide. While there are between 350 million and 500 million new cases of malaria each year, there are very few reliable and field deployable diagnostic tools available. In the case of malaria, early detection substantially improves treatability and survivability. TB (tuberculosis) is the second leading cause of death from infectious disease worldwide. Bovine TB is a growing problem through out the world with an estimated 1.3 billion cattle at risk. In the United States, where the cattle industry is valued at $60 billion annually, the use of existing diagnostic tests currently add $5.00 to $15.00 on average per head to the cattle industry's costs. Field deployable integrated optical biosensor systems hold the promise to significantly speed the diagnostic testing process and to meaningfully lower costs.
AMERICAN SIERRA GOLD CORPORATION (OTCBB: AMNP)
Detailed Quote: http://www.otcpicks.com/quotes/AMNP.php
Company Profile: http://www.otcpicks.com/american-sierra-gold/american-sierra-gold.htm
American Sierra Gold Corp. is a publicly traded independent gold exploration company headquartered in
AMNP News:
October 15 - American Sierra Gold Corp. Announces Significant Cancellation of Stock
American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announced that Wayne Gruden, the Company's CEO, has agreed to cancel 19,000,000 shares of his American Sierra Gold Corp. stock. The number of total shares being retired represents 23% of the currently outstanding common stock.
"I decided to retire these shares to allow American Sierra to be in an advantageous position in the implementation of our acquisition plans and to boost shareholder value. This reduction in the outstanding number of shares in the company will allow us to fuel acquisitions without unnecessary dilution to current shareholders. In addition, the cancellation will make our company more attractive for prospective financing," commented Wayne Gruden on the share cancellation.
The cancellation of these shares takes out a significant fraction of American Sierra's total shares outstanding, reducing it from 82,583,334 to 63,583,334. Our management and directors will still hold an aggregate of 33,000,000 common shares of American Sierra Gold, equivalent to approximately 51.9% of our issued and outstanding shares.
MAGNUM D'OR RESOURCES (OTCBB: MDOR)
Detailed Quote: http://www.otcpicks.com/quotes/MDOR.php
Company Profile: http://www.otcpicks.com/magnum-resources/magnum-resources.htm
Magnum d'Or Resources, Inc. focuses in operating in recycling and waste management sectors. It intends to develop facilities that produce rubber powders, thermoplastics, and thermoplastics elastomers. Magnum holds licensing rights to various patents that would allow rubber to be devulcanized, specialty blend EPDM powders, and EPDM compounds. The company was founded in 1999 and is based in
MDOR News:
October 18 - Magnum/SRI Releases Independent Test Results from the Rubber Research Institute of Malaysia Marking Historic Event for the Global Rubber Industry
Magnum D'Or Resources, Inc. (OTCBB: MDOR), a next generation rubber recycling Solutions Company, announces Magnum SRI, technological innovation marks historic level for Rubber Industry at its best. To view the summary of the Rubber Research Institute independent test results as well as official test certificates issued by the Rubber Research Institute of the Malaysian Rubber Board as support documents of the summary provided at http://magnumresources.net/investors/565.
"What we have here is nothing less than the solution to the global tire and rubber scrap problem; it will address not only the annual accumulation but the backlog in the landfills. The introduction of the Magnum SRI custom compound as an industrial raw material, effectively means cost effective value added consumption which will make it irresistible as a Green raw material. Not only will it appreciably reduce the raw material cost of the manufacturer but it will potentially reduce cost for final consumers. We believe that this is the future of global rubber recycling." Quote from Gopi Sekhar, CEO of SRI
Comparative Chart 01
This chart involves a full battery of tests where control sample production tire and Magnum SRI Custom Compound production tire were independently subjected to the full ASTM standard tests (Standard Test reference is on the chart) for Light Truck tires. All the information on the chart is important. The Magnum SRI Compound Tire is a composite compound using the manufacturers Light Truck compound with a substitution of 20% with our Magnum SRI custom Compound.
In this case it means that tread compound has 14% of recycled content and the sidewall of the tire has a little more than 14% recycled content. Virgin compound modified to allow for customization added to the activated compound will make the final custom compound proportion 20%. Here the tensile, elongation at break and Abrasion resistance (the lower the value the better) of the all the samples are tested following the protocols of the prescribed standard by the Rubber Research Institute's (http://www.lgm.gov.my/) Tire Lab of the Malaysian Rubber Board.
On review of the results it will show that in spite of the inclusion or substitution of 20% (in this case 14% recycled material content) without custom compound that we were able to ensure no loss in properties, in fact we were able to prove that we could even exceed the original specifications in certain cases. Also the fact that we have done it in the sidewall and tread compounds makes it all the more impressive.
Comparative Chart 02
This chart is a comparison of the manufacturers Light Truck Tire Compound and a composite compound which is the same compound with 20% substituted with the Magnum SRI Custom Compound (14% recycled rubber content). These compounds, the control and the composite were then tested for tensile and elongation at break to show that there is no appreciable loss or change in properties.
In the case of Batches 6 & 7 we increased the recycled content a little but please note that the variance is considered near test error difference. Regardless we feel that all the results are impressive and make our point without exception.
Plunger Energy Test
This is a test that effectively measures the amount of force required to make the tire that has been normally inflated to fail or burst when it is applied to a specified area of the side wall using a regulation test plunger. The minimum specification to pass the test is that the point of failure or bursting must be achieved due to force in excess of 6,759kg.cm or 5,700 in.lb.
The control or manufacturers original OEM compound tire was measured to require a force of 7,029kg.cm to make the plunger break through.
The Magnum SRI custom compound tires not only passed the minimum specification but it managed to comfortably exceed the control at 7,798kg.cm and 8,800 kg.cm.
This test is of specific significance as the Magnum SRI activated compound was not only incorporated into the tread compound but it was also introduced into the sidewall compound. This test is not only measuring the overall resistance of the tire to measured trauma but it is a test that points clearly to the performance level of the side wall compound. The Magnum SRI compound in the current format was intended to be equal to the control specification; this was achieved and exceeded which leaves additional room for further cost reduction based on the sidewall formulation.
All these test results were the result of independent testing and evaluation by the Rubber Research Institute of the Malaysian Rubber Board.
Based on these test results, what has been achieved here is historic, there has never been a case of scrap rubber/tire dust or powder, regardless of the technology employed that has ever exceeded a couple of percentile. Before this innovation exceeding 2 plus % recycled content in a tire compound always meant what is referred to in the industry as "catastrophic failure". History has been rewritten, the Magnum SRI custom compound has been able to incorporate more than 14% recycled content in both the tread and sidewall compounds of a light truck tire and actually had it provide performance parameters equal to and higher than the original compound. Obviously the content levels would be substantially higher in lower to medium level applications. Magnum SRI is currently unmatched having broken new technological ground in recycling whose impact and significance will be effect the entire rubber industry.
Magnum SRI's revolutionary compound's, technical reach and ability to perform in premium volume applications will not only ensure substantially improved viability for rubber product manufacturers but will make environmentally friendly "green" production the norm rather than the exception. Finally there is a real solution to the "
DIVERSE MEDIA GROUP INCORPORATED (OTC: DVME)
"Up 14.29% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DVME.php
Company Profile: http://otcpicks.com/Newsletter/DVME_eProfile_091709.html
Diverse Media Group, Inc. (OTC: DVME) is an entertainment company that aggregates expertise across all aspects of the media industry. Diverse Media Group has at its core the established 27-year history of its wholly owned subsidiary, Diverse Talent Group. Diverse Talent Group is now the 10th largest
DVME News:
September 28 - Network Talks Underway to Develop 'Momo' into Weekly TV Series Title is Part of Diverse Media Group, Inc. Option Agreement with Elio Pictures
“Momo” executive producers Dimitri Logothetis and Nicholas Celozzi have announced that talks are underway with networks in the
Diverse Media Group CEO Chris Nassif calls the development “a huge step forward in our company’s transition to a complete entertainment and media services provider.”
Logothetis and Celozzi have been working for seven years on the life story of infamous mob boss Sam Giancana. After securing the exclusive story rights from Francine Giancana to her father’s life story, they originally set the project up at Warner Bros. and Turner as a mini-series. Logothetis calculates development costs to date at $75,000. With the success of the 60's-based AMC series “Mad Men,” they decided that “Momo” could also satisfy weekly audience interest in that period of
Celozzi describes the series as real-life “Sopranos” meets “The Gangster Chronicles.” Sam Giancana was a very compelling personality. As a family man, Sam lost his wife to a rheumatic heart disease, raised three daughters, supported an extended family and was one of the most powerful men of the twentieth century. Through union ties Giancana helped swing the
The other Elio Pictures titles optioned by Diverse Media Group include “The Lost Angel” (2005) with Judd Nelson and Celozzi, “Framed by Seduction” (2004) starring Robert Patrick, “
The option is being purchased with 25 million shares of Diverse Media Group restricted common stock, valued at $50,000. The Company has until March 30, 2010, to exercise its option for a cash price of an additional $400,000.
NT MEDIA CORPORATION (OTCBB: NTMI)
"Up 2.94% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NTMI.php
Company Profile: http://www.otcpicks.com/nt-media.htm
NT Media is a start-up digital media solutions provider and developer of niche content websites. The interactive and community-oriented content for NT Media sites, as well the sites' advertising, target specific interest groups and demographics in order to create an ongoing and open dialogue on trending topics and issues. NT Media's online communities integrate increasing trends in online social networking and community building, user generated original content and third-party applications.
NTMI News:
October 15 - NT Media to Produce Original Series for NeuroTrash.tv
Video-Sharing Site NeuroTrash.tv Launches Ongoing Original Content Initiative With a New Comedy Webisode
NT Media Corp. (OTCBB: NTMI), a developer and operator of media and social networking websites, announced that it will produce an original comedy series exclusively available on its alternative-format video-sharing site NeuroTrash.tv as part of an ongoing program to publish and distribute original content.
The video, currently in pre-production, will feature anecdotal nightlife experiences with the comedic performances of an ensemble cast. Production is scheduled to begin in November and the webisode is scheduled to be released at the first part of 2010.
Launched in January 2009, NeuroTrash.tv is a video-sharing site targeting young adults between the ages of 18 and 35. Users are able to post and share videos on the site, and take advantage of the site's video player for sharing original videos on their own sites, social networking profile pages and blogs.
"The production of NeuroTrash.tv's first original video is a milestone for both the community and NT Media," said NT Media CEO Ali Moussavi. "The webisode will appeal to our target audience, and we anticipate its viral release will draw increased attention to the value of NeuroTrash.tv and will position the site as a leader of a highly-demanded niche."
NT Media's revenue model for NeuroTrash.tv is based on standard display banner ads, in-stream video advertising, products sales and services. Advertisers are also able to earn revenue from video ads embedded in other websites on which NeuroTrash.tv users place videos. For advertising and sponsorship opportunities please email contact@ntmedia.tv.
BEDERRA CORPORATION (OTC: BEDA)
"Up 85.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BEDA.php
Bederra Corporation, through its wholly owned subsidiaries Diagnos, Inc. and Lumar Imaging, Inc., provides multiple modality diagnostic medical imaging services to the greater
BEDA News:
October 19 - Bederra Corporation Signs Letter of Intent to Acquire Texas Mobile Health, Inc.
Bederra Corporation (OTC: BEDA), a Houston, Texas based diversified medical services provider, announced that the company has signed a Letter of Intent to acquire Texas Mobile Health, Inc.
Texas Mobile Health, Inc. provides mobile diagnostic services such as Eko Cardiograms, Pulmonary Function tests, Vascular Studies and Event Monitoring to physician offices, clinics and nursing homes. By acquiring Texas Mobile Health, Bederra will be able to provide ICAVL certified facilities and be able to gain further revenues under the ICAVL certification, which is now a requirement of Medicare and certain private insurance companies.
The acquisition is estimated to generate revenues in the $3 million range with plans to add several additional services that could double this volume. Due to some anticipated changes in Medicare beginning in January 2010, many existing physician offices will not be able to provide in-house services such as those provided by Texas Mobile Health due to certification requirements. Therefore, there will be a greater market for companies such as Texas Mobile Health to fulfill this need.
This acquisition will mark the horizontal diversification of Bederra Corporation and complements its current suite of diagnostic services with another operational and revenue generating model. Texas Mobile Health will enable Bederra clients in need of diagnostic services, but unable to travel, to receive those services in the comfort and safety of their own homes.
The acquisition is pending the completion of customary due diligence and the execution of definitive agreements.
XTEND MEDICAL CORPORATION (OTC: XMDC)
"Up 49.17% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/XMDC.php
XTend Medical is a company that specializes in the manufacturing and distribution of the latest in telemedicine and telehealth solutions for the healthcare industry. Their dedication to insuring the products and services offered to healthcare organizations, third-world countries, and physician groups are at the forefront of medical technology. Their continued efforts in identifying global companies with true product potential in the healthcare industry puts them in an advantageous position to capitalize on a global basis.
XMDC News:
October 12 - XTend Medical Discusses BioHarp Market Potential and Revenue Model
XTend Medical (OTC: XMDC), a company specializing in manufacturing and distributing the latest in telemedicine and diagnostic devices, released the following information regarding the BioHarp market potential:
"As the company moves closer to completing the merger with BioHarp
"In addition to the human markets, the BioHarp will be marketed to the pet and equine industries. The management at XTend has made several contacts with the veterinary market to utilize the BioHarp to scan dogs, cats, and other pets in order to discover potential harmful conditions that can be treated through nutrition and medications. The ability for the veterinarian to market this as an added service allows them to create an additional revenue stream as well as giving pet owners the ability to monitor their pet's health and hopefully alleviate costly procedures. The equine industry itself can be very lucrative for the company in the future. The management at XTend has several thoroughbred trainers and owners they have spoken with about utilizing the BioHarp as part of a daily routine for racehorses to insure their training and subsequent earnings potential is not compromised. As the BioHarp unit can be deployed to the stables, part of their post exercise routine would be for the trainer or vet to scan the horse upon completion of their workout or race and determine if there is any underlying inflammation that can lead to being sidelined, thereby eliminating the ability to earn money racing. This market alone is global in nature as there are literally hundreds of racetracks with thousands of horses, each representing a significant investment to their owners. The yearling sales at places like Keenland, wherein owners plunk down millions to own a potential Triple Crown winner, would benefit by having a BioHarp scanner available in order to scan potential champions to insure the fitness of the horse and to detect potential problems that could arise in the future. These scans would be done with the one sensor unit and would probably be sold and managed by our internal medical team at BioHarp UNI US. The potential trainers and owners would contract with us to scan the animals regularly; generating daily, weekly, and/or a monthly maintenance fee schedule for the company.
"The revenue model for the BioHarp comes from both the hardware and software sales. The single sensor unit will sell for $5,000 US dollars and the five sensor unit will be $30,000. The software will be sold on a license agreement wherein BioHarp UNI
"Lastly I would like to touch on our corporate structure and how we feel the share structure will be beneficial for all current and future shareholders of the company. We strongly feel that our Authorized shares at this time are sufficient to handle our merger and capital raise needs. We feel it would be disadvantageous to do any sort of reverse split due to the potential sales of the BioHarp unit in the coming years. If we realize our sales and marketing goals and hit our projected revenues based on the current inquiries we've received, the company's market cap will be substantial," stated Mr. Paul D. Lisenby, CEO of XTend Medical.
JOE'S JEANS INCORPORATED (NASDAQ: JOEZ)
"Up 16.67% in morning trading"
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 (
MAMMOTH ENERGY GROUP (OTC: MMTE)
"Up 33.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MMTE.php
Golden Eagle International, Inc. mines and explores for gold and copper minerals in the
MMTE News:
January 27 - Mammoth Energy Changes Oil Field Operator to Increase Production
Mammoth Energy Group, Inc. (OTC: MMTE) announced its review of the 4th quarter 2008 performance of the field operator it hired to operate its oil and gas leases in Oklahoma. In management's opinion, that performance was insufficient. By mutual consent of the parties, the operator has terminated its operations on behalf of Mammoth Energy. As a result, Mammoth Energy will replace its field operator to improve its oil and gas production.
Mammoth Energy has identified a potential new operator that has many years of experience in the industry, and is currently negotiating a contract that would allow the replacement operator to have "boots on the ground" in
"We were not satisfied with the operator's performance during the 4th quarter of 2008 and decided a change was necessary," said Joe Overcash, Mammoth Energy's CEO. "We received only one check for $300 from the operator in the 4th quarter of 2008, and we have received credible reports that at least one tank of oil from our leases, and perhaps more, have been extracted from the leased sites but not yet sold. We need to take, and are taking, steps to improve our revenues from these properties."
The Company is also seeking a satisfactory accounting of 4th quarter performance from the operator. A preliminary accounting has been provided, but several items require further information, which the Company is actively seeking.
In the 4th quarter of 2008, Mammoth Energy had oil and gas leases in 2
Under the contracts in both Noble and
MMTE is also in negotiations with an oil and gas industry consultant who would work on acquiring other leases for MMTE to help the Company increase both its assets and its revenues during the first quarter of 2009.
DEALERADVANCE INCORPORATED (OTC: DLAD)
"Up 14.29% in morning trading"
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 12.50% in morning trading"
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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Disclosure: OTCPicks.com has been compensated two hundred thousand free trading shares by a third party (Microcap Management) for JAGR advertising and promotional services. OTCPicks.com has been compensated seven thousand five hundred dollars by a third party for BMGP advertising and promotional services. OTCPicks.com has been compensated ten thousand dollars by the company for a current BMGP advertising and promotional services. OTCPicks.com has been compensated seven thousand five hundred dollars from a non-controlling third party (BlueWave Advisors) for AMNP advertising and promotional services. OTCPicks has been compensated ten thousand dollars from a non-controlling third party (GREEN TECH INTERNATIONAL ADVISORS) for MDOR advertising and promotional services. OTCPicks has been compensated ten million free trading shares from a non-controlling third Party (Microcap Management) for DVME advertising and promotional services. OTCPicks is being compensated one hundred thousand free trading shares by a third party for NTMI 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.
