Our Stocks to Watch tomorrow include Immunosyn Corp. (OTCBB: IMYN), Golden Eagle International Inc. (OTCBB: MYNG), IGSM Group Inc. (OTC: IGSM), Hiland Holdings GP LP (Nasdaq: HPGP), China Technology Development Group Corp. (Nasdaq: CTDC) and Green Planet Group Inc. (OTCBB: GNPG).
IMMUNOSYN CORPORATION (OTCBB: IMYN)
"Up 50.00% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/IMYN.php
Immunosyn Corporation, a development stage company, engages in the marketing, distribution, and sale of a biopharmaceutical drug product, SF-1019. The company owns license rights from Argyll Biotechnologies, LLC to offer SF-1019, an experimental extract from caprine serum containing various lipopeptide molecules. SF-1019 is used for the treatment of various diseases and pathological conditions, including Chronic Inflammatory Demyelinating Polyneuropathy, Diabetic Neuropathy, and diabetic ulcers. The company was founded in 2006 and is headquartered in
IMYN News:
September 18 - Immunosyn Refutes Unfounded Rumors in Marketplace
Immunosyn Corporation (OTCBB: IMYN) made the following comment regarding market rumors about the Company:
Although it is generally the Company's practice not to respond to market rumors, management believes that in the current circumstances it is appropriate to do so. Management has become aware that rumors are circulating in the market suggesting that the Company currently is actively exploring a change of control transaction. Management believes that there is no basis whatsoever for these rumors that it is exploring such a transaction at this time. As it is the Company's general policy not to comment on market rumors, it will have no further comment on this rumor.
GOLDEN EAGLE INTERNATIONAL (OTCBB: MYNG)
"Up 46.67% 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.
IGSM GROUP INCORPORATED (OTC: IGSM)
"Up 36.84% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/IGSM.php
Based in
IGSM News:
September 30 - IGSM Outlines Large-Scale Webinar Platform
IGSM Group Inc. (OTC: IGSM) outlines its large-scale webinar platform, the first of a series of E-Learning products.
IGSM Group Inc.outlined its Large-Scale webinar platform aimed at the corporate or repeat user who uses webinars on a regular basis. Whether they need 100, 500 or 1000 people on an interactive session IGSM can fulfill their needs.
"Our niche is to provide full service to the most demanding users. Whether they are corporate trainers or focused on end user education, they need a full service company," said H. Francis Fytton, CEO of IGSM. "Working closely with several content providers has enabled us to add the features they need and don't have from existing providers," added Fytton.
IGSM Group Inc.has previously announced that it will provide Distance Learning Solutions including TeleSeminars and Webinars. E-Learning or Distance Learning products have become more popular as corporations seek to reduce overhead by eliminating travel and meeting costs.
HILAND HOLDINGS GP, LP (NASDAQ: HPGP)
"Up 31.22% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/HPGP.php
Hiland Partners, LP is a publicly traded midstream energy partnership engaged in purchasing, gathering, compressing, dehydrating, treating, processing and marketing of natural gas, and fractionating, or separating, and marketing of natural gas liquids, or NGLs. Hiland Partners, LP also provides air compression and water injection services for use in oil and gas secondary recovery operations. Hiland Partners, LP's operations are primarily located in the Mid-Continent and
HPGP News:
October 27 - Hiland Partners, LP and Hiland Holdings GP, LP Announce Adjournment of Special Meetings of Unitholders and Extension of Merger Agreements
Hiland Partners, LP (Nasdaq: HLND) and Hiland Holdings GP, LP (Nasdaq: HPGP) announced that each company will adjourn its special meeting of unitholders scheduled for this morning. The meetings are being adjourned to allow the boards of directors and conflicts committees additional time to consider the previously announced proposals made by Harold Hamm, on behalf of certain of his affiliates, to increase the merger consideration payable to each company's common unitholders.
The Hiland Partners special meeting will be adjourned and the vote postponed until November 3, 2009 at 3:30 p.m., central time, and the Hiland Holdings special meeting will be adjourned and the vote postponed until November 3, 2009 at 4:30 p.m., central time. Each special meeting will be held at 302 N. Independence, Ball Room, Second Floor,
On October 26, 2009, in letters to the conflicts committees of the Hiland companies, Mr. Hamm proposed amending the merger agreements between certain of his affiliates and each Hiland company to increase the consideration payable to Hiland Partners common unitholders from $7.75 to $10.00 per common unit and to increase the consideration payable to Hiland Holdings common unitholders from $2.40 to $3.20 per common unit, respectively.
In connection with Mr. Hamm's proposal and the adjournment of the Hiland Partners special meeting, Hiland Partners and Mr. Hamm have agreed to amend the merger agreement between Hiland Partners and affiliates of Mr. Hamm to extend its end date to November 6, 2009. Similarly, Hiland Holdings and Mr. Hamm have agreed to amend the merger agreement between Hiland Holdings and affiliates of Mr. Hamm to extend its end date to November 6, 2009. In his letter to each conflicts committee, Mr. Hamm indicated that, if his proposals are accepted, he expects that the end date under each merger agreement would be further extended as necessary to consummate the transactions.
The record date for determining unitholders eligible to vote at the special meetings will remain September 9, 2009. Valid proxies submitted by unitholders of Hiland Partners or Hiland Holdings prior to the adjourned October 27, 2009 special meetings will continue to be valid for purposes of the reconvened special meetings scheduled for November 3, 2009.
Common unitholders of Hiland Partners or Hiland Holdings as of September 9, 2009 who have not voted but wish to do so or who would like to change their vote should contact D.F. King at 1-800-967-4612.
CHINA TECHNOLOGY DEVELOPMENT GROUP (NASDAQ: CTDC)
"Up 30.60% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/CTDC.php
CTDC is a growing integrated clean energy group based in
CTDC News:
October 27 - CTDC to Acquire Majority Interest in On-Grid Solar Power Station Business
China Technology Development Group Corporation (Nasdaq: CTDC) ("CTDC" or "the Company"), a growing integrated clean energy group based in China that provides solar energy products and solutions, announced that the Company has entered into a Stock Purchase Agreement (the "Stock Purchase Agreement") with China Technology Solar Power Holdings Limited ("CTSPHL Group") and its direct and indirect shareholders to acquire a 51% equity interest and become the major shareholder of CTSPHL Group.
CTSPHL Group, through its wholly-owned subsidiary, is developing a 100MW grid-connected solar power plant project located in Delingha City of Qaidam Basin in
CTSPHL Group has obtained a 25-year operating license from the Qinghai Provincial Development and Reform Commission for the first phase of the Delingha 100MW Solar Project, consisting of 10MW. Construction commenced on the first phase on 28th September 2009 and is expected to be completed by the end of 2010. Warm congratulations on the project commencement were received from Liaison Office of the Central People's Government in Hong Kong S.A.R, and Mr. Shi Dinghuan, Counselor of State Council of the PRC and Director General of Chinese Renewable Energy Association. Mr. Shi commented, "
"We are very pleased to become a controlling shareholder of CTSPHL Group. This marks a significant step that CTDC has made to enter into the solar power station arena and become one of the first overseas listed Chinese companies to hold an operating license from the Chinese government to operate on-grid solar power stations in China," commented by Mr. Alan Li, Chairman and CEO of the Company. "The Chinese government has been very supportive of the development of renewable energy. Chinese President Hu Jintao listened to our project briefing in March in
Mr. Li further commented, "In response to President Hu's call for a greener and cleaner environment, we are greatly honoured to undertake the responsibility and looking forward to closely cooperating with CTSPHL Group and
GREEN PLANET GROUP INCORPORATED (OTCBB: GNPG)
"Up 11.76% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/GNPG.php
Green Planet Group, Inc. is an emerging leader in environmentally safe products and services based in
GNPG News:
October 26 - Green Planet Group Grows Revenues 3,000%
Green Planet Group, Inc. (OTCBB: GNPG) announced that its second quarter revenues increased to $16,230,000 which is just over a thirtyfold increase from the same period last year. Revenues for the first 6 months were $32.93 million versus $2.37 million from last year.
Edmond L. Lonergan, President/CEO of Green Planet Group, stated, “The exponential growth in our revenues has greatly strengthened all areas of our balance sheet as well as our cash flow and P&L performance. We believe that the continuation of this powerful trend will soon lead to sustainable profitability and the steady advancement of our products and Company in the exploding green marketplace.”
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