Our Stocks to Watch tomorrow include BioElectronics Corp. (OTC:
BIOELECTRONICS CORPORATION (OTC:
"Up 27.17% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/BIEL.php
BioElectronics Corporation is the maker of ActiPatch® Therapy, RecoveryRx™ Devices, HealFast™ Therapy (www.healfasttherapy.com) and the Allay™ family of inexpensive, disposable drug-free anti-inflammatory devices.
November 11 - BioElectronics to Announce Results of Acetaminophen Comparison Study
BioElectronics Corp. (OTC:
Participants in the study were randomly assigned to one of three groups, 1) a control group, 2) a group that used ActiPatch, and 3) a group that was treated with over-the-counter strength acetaminophen in the form of Extra Strength Tylenol. Each of the group's participants then evaluated their levels of muscle soreness and discomfort 48 hours after vigorous resistance training designed to induce delayed onset muscle soreness.
"The results for the pilot section of this study were highly significant with the ActiPatch group scoring its average level of muscle soreness and discomfort at much lower levels compared to either the control group or the acetaminophen treatment group," commented Andrew Whelan, CEO of BioElectronics, Corp. "We believe this is important research especially considering the many health concerns expressed by the U.S. Food and Drug Administration relative to Tylenol, NSAIDs and other over the counter pain medications. We believe ActiPatch and Allay are both safe and highly effective alternative therapies for those who suffer from pain and discomfort. We look forward to reviewing the full study data and submitting it to FDA in support of our current pending 510(K) applications and additional applications we plan to file in the future."
The study, which is Institutional Review Board (IRB) supervised and has been registered with the National Institutes of Health, is being conducted by principal investigator Sheena Kong, M.D. The principal investigator holds no financial position in any form in the study's sponsor, BioElectronics Corp., and will receive no financial compensation of any kind for the completion of the study.
NUCRYST PHARMACEUTICALS CORPORATION (NASDAQ: NCST)
"Up 70.02% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/NCST.php
NutraCea, a health-science company, develops and distributes stabilized rice bran and proprietary rice bran formulations. Its products include food supplements and medical foods that provide health benefits for humans and animals based on stabilized rice bran, rice bran derivatives, and the rice bran oils. The company's customers include consumer nutrition and healthcare companies, domestic and international food companies, and companion animal feed manufacturers. NutraCea was founded in 2000 and is headquartered in
NCST News:
November 10 - NUCRYST Announces Agreement to Sell Acticoat Business and Proposes Amalgamation with Westaim
NUCRYST Pharmaceuticals Corp. (Nasdaq: NCST) announced the execution of a definitive agreement (the "S&N Agreement") with subsidiaries of Smith & Nephew plc. (NYSE: SNN) (LSE: SN) for the sale to Smith & Nephew of substantially all of Nucryst's operations and assets including all rights to its proprietary nanocrystalline silver technology for cash consideration of US$21 million plus the value of working capital and subject to certain adjustments (the "Sale Transaction"). The closing of the Sale Transaction is subject to customary conditions including the approval of Nucryst shareholders.
Nucryst also entered into an amalgamation agreement with The Westaim Corporation, which currently owns approximately 75% of Nucryst's outstanding common shares. Under the amalgamation agreement, Nucryst will amalgamate with a newly formed subsidiary of Westaim to form Amalco (the "Amalgamation") and Nucryst shareholders other than Westaim will receive one redeemable preferred share in the capital of Amalco, which share will be redeemed for US$1.77 in cash upon the completion of the Amalgamation. Completion of the Amalgamation is subject to certain conditions including closing of the Sale Transaction and the approval of Nucryst shareholders. Following the completion of the Amalgamation, Nucryst intends to delist from the TSX and NASDAQ stock exchanges.
The board of directors of Nucryst engaged KPMG Corporate Finance Inc. to provide a fairness opinion regarding the Sale Transaction and an independent valuation of Nucryst for the purpose of the Amalgamation, in accordance with Multilateral Instrument 61-101. Specifically, KPMG Corporate Finance Inc. has opined that the consideration offered in the S&N Agreement is fair, from a financial point of view, to Nucryst. In addition, the valuation prepared by KPMG Corporate Finance Inc. provides a valuation range of $1.72 to $1.82 per common share, subject to certain assumptions. Particulars of the fairness opinion and the valuation will be provided to shareholders with the materials mailed to shareholders in connection with the meeting to approve the Sale Transaction and the Amalgamation.
The board of directors of Nucryst unanimously determined that the Sale Transaction is in the best interests of Nucryst and is fair, from a financial point of view, to Nucryst and that the value proposed to the minority shareholders of Nucryst under the amalgamation agreement is fair, from a financial point of view, to the common shareholders of Nucryst (other than Westaim). In light of these conclusions, the Nucryst board of directors unanimously determined to enter into the S&N Agreement and the amalgamation agreement and to recommend that Nucryst shareholders vote in favor of the resolutions authorizing the Sale Transaction and the Amalgamation.
Closing under the S&N Agreement and completion of the Amalgamation is conditional upon, among other things, approval of the shareholders of Nucryst at a special meeting called for such purpose. The Sale Transaction and the Amalgamation will each separately be proposed to shareholders for consideration. The Sale Transaction requires the approval of more than two thirds of the votes cast at the meeting and Westaim has entered into a support agreement with Smith & Nephew under which it will vote in favor of the S&N Agreement, subject to certain limited exceptions applicable where a financially superior proposal has been made. The Amalgamation requires both the approval of more than two thirds of the votes cast at the meeting and, pursuant to Multilateral Instrument 61-101, the approval of a simple majority of shareholders other than the directors and officers of Westaim. If the Sale Transaction is approved by shareholders and other conditions to closing are satisfied, the transaction will proceed, irrespective of whether the Amalgamation is approved. The S&N Agreement includes a non-solicitation covenant on the part of Nucryst, subject to a customary "fiduciary out" provision, the right of Smith & Nephew to match any financially superior proposal and the payment of a $1.0 million termination fee by Nucryst to Smith & Nephew in certain circumstances. Details regarding the S&N Agreement and the amalgamation agreement will be included in Nucryst's management information circular which is expected to be mailed to shareholders in late November, 2009 for a shareholders meeting to be held in December, 2009.
This news release is for information purposes only and is not a substitute for the definitive agreements in relation to the proposed transactions. There can be no assurance that the conditions of closing will be satisfied, or that the transactions will be completed as proposed or at all.
FRESH HARVEST PRODCTS INCORPORATED (OTCBB: FRHV)
"Up 86.25% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/FRHV.php
Fresh Harvest Products, Inc. is a natural and organic food and beverage company. Fresh Harvest offers a line of organic snack products and beverages, which include health bars, coffee bars, and salsa under the Wings of Nature™ name and beverages under the TeAloe™ name. In addition, Fresh Harvest provides a grocery product line, which includes several varieties of whole bean and ground coffees, and beverages. We sell our products through specialty and natural food distributors to stores, specialty supermarkets and retailers. Fresh Harvest Products, Inc. is headquartered in
FRHV News:
November 11 - Fresh Harvest Products, Inc. Announces Expanded Growth Strategy
Fresh Harvest Products, Inc. (OTCBB: FRHV) announced that it is planning a further expansion of its distributor network and organizational growth through additional product acquisitions, strategic alliances, and joint ventures. As part of this growth strategy, management has identified several potential acquisition targets that if acquired will help substantially grow revenues and increase its products distribution.
CEO Michael J. Friedman commented: "Management is focused on sustainable growth; we are using several strategies which we believe will benefit the Company and its Shareholders in the long term. Fresh Harvest intends to increase future revenues by expanding the distribution of existing product offerings and adding innovative products to our portfolio through both product development, product and brand acquisitions; as well as continuing to seek out strategic alliance and joint venture partners who serve the natural and organic health food and beverage marketplace."
MEDIAG3 INCORPORATED (OTC: MDGC)
"Up 53.85% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/MDGC.php
MediaG3, Inc. develops and markets broadband wireless technology products and online applications that empower interactive content delivery to today's fixed and mobile consumers. MediaG3 has signed a $10 million broadband wireless product supply contract, and is in preparation of launching its China Pilot Project, which has been approved by Chinese Ministry of Commerce and State Administration of Radio, Film and Television, as well as financially supported by the US Trade and Development Agency. With signed contracts and additional business in discussions, the company is expected to reach over $20 million in revenue in 24 months.
MDGC News:
November 11 - MediaG3, Inc. Announces the Launch of Imperial Wireless™ IW4G Mobile Broadband Internet Service to
MediaG3, Inc. Progresses on Its WIMAX Roll-Out Strategy by Penetrating the
MediaG3, Inc. (OTC: MDGC) reports the progress on the Company's developing WIMAX service roll-out strategy in the
MediaG3 announces that the Company's expansion plan is advancing according to expectations in
The addressable market, demographics, and Company estimated revenue metrics for broadband internet services in the
1) Estimated
2) Percentage of households using broadband and wireless services at 74%.
3) Available broadband and wireless subscriber base is 427,720 households.
4) With very conservative estimated market share to be captured by MediaG3 being 5%.
5) Estimating subscribers' revenues of over $1,069,000/year initially.
"Imperial Wireless is excited to bring its IW4G WiMax Super Fast Mobile Broadband and Internet Phone Services to Portland, Oregon residents, businesses, students and mobile professionals the super fast mobile Internet experience they're used to having at home or the office, anywhere around town or on the go," said Val Westergard, Chairman, MediaG3, Inc. "We're pleased to provide this community a valuable new category of Internet service designed to make people's lives more enjoyable and more productive, wherever they happen to be in our coverage area."
Joseph L. Anzalone, President & COO, had this to add: "Our service roll-out is gaining momentum as anticipated, and in many cases, ahead of expectations as subscribers are demanding the broadband services to meet their growing appetite for internet service without limits. Our strategy is to build our presence in every underserved market in the country and show the consumer an unbeatable combination of next generation broadband and mobile internet services at highly competitive prices."
Furthermore, to enhance the service plan, MediaG3 plans to utilize 30 carrier grade cellular towers which were successfully acquired earlier this year and will be used to support the network expansion in selected key markets throughout the
GUARD DOG INCORPORATED (OTC: GRDO)
"Up 48.75% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/GRDO.php
Guard Dog, Inc. is rapidly accelerating to become an industry leader in the rapidly growing field of Identity Theft Protection. The company strives to serve the growing needs of consumers throughout the
GRDO News:
November 5 - Guard Dog Announces Shareholder Updates
Guard Dog Inc. (OTC: GRDO) announced that Guard Dog ID, LLC, a growing leader in identity theft prevention services has executed new comprehensive recovery resolution services agreements. The new agreements lay the framework for additional “direct to consumer” products and services, which can be added to the company’s existing offerings. The more favorable terms of the new agreements will provide the company with stronger technical recovery resolution services at lower costs then previous service providers.
“After receiving much feedback from both our customers and investors, we have been working around the clock updating and ensuring our users have the best experience. In the past few weeks we have been focused on fortifying the infrastructure of our core business platform and strengthening our presence in the direct consumer response marketing industry and the Affinity Partner Networking arena. We have also applied a great amount of our resources investing in the security of our website with the use of advanced firewalls and PCI compliant servers. By doing this, we have been able to ensure our customer data is leak-proof to even the most advanced and dedicated hackers. Although it has taken a little more time to complete our infrastructure upgrades, the end result protecting both us as a company and most of all, our customers sensitive information, is worth it,” said James Watson, President and CEO of Guard Dog.
Watson made this announcement from Ad:Tech, NY. Ad:Tech, NY., is the premiere International Digital Marketing and Technology Convention, which is being held this week at the Jacob Javits Convention Center, New York,
“Ad:Tech provides me a medium for immediate accessibility; face to face interaction with industry executives who are logistically unavailable. Over the past two days we have been able to create new as well as revisit existing marketing agreements that will be instrumental in the success of our national marketing blitz,” Watson said.
“Additionally, per the request of many shareholders the company has added an Investor Relations Tab to the www.guarddogid.com consumer website. We plan to utilize this alternative method of direct communication to inform the public at large, of company announcements and frequent updates that are important for shareholder knowledge but may not warrant a Press Release,” stated Watson.
The company plans to release updates in conjunction with its national marketing blitz, beginning mid November.
PLAYERS NETWORK INCORPORATED (OTCBB: PNTV)
"Up 29.17% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/PNTV.php
Players Network is a Digital Media Company that focuses on the Las Vegas and Gaming Lifestyles, producing and distributing original content for its own VOD Channels on television in over 22,000,000 homes, for its Broadband Network at www.playersnetwork.com, Blinkx, Google, YouTube and Yahoo Video, for DVD Home Video, mobile platforms, and through worldwide television syndication. Players Network has a 10-year history of providing consumers with quality Gaming and Las Vegas Lifestyle content, and the gaming industry with strategic partnership services in
PNTV News:
November 10 - Players Network Announces a Major Milestone, Launches PNTVegas, a Complete One-Stop
PNTV'S Official Launch at www.PNTVegas.com Signals a New Era for Players Network, Creating a Unifying Brand for Diverse Channels, Services, and Products
Players Network (OTCBB: PNTV), the leading Digital Television and Internet Media Network dedicated to Las Vegas Entertainment and the Gaming Lifestyle, announced today the launch of PNTVegas, a cohesive brand identity for multiple channels and affiliate offerings to maximize marketing dollars and increase revenue returns.
By creating PNTVegas as the parent network to Vegas on Demand, Players Network, and
"The future of new media is niche networks that can capitalize on complimentary revenue streams," states Mark Bradley, CEO Players Network, citing strong brand association as a key driver. As the only
Players Network has spent the last year building complementary services to create new revenue streams, and an enhanced user experience, including horse race wagering, Vegas show ticketing, and member-only clubs for poker and mahjong. As part of the PNTVegas strategy, quality television programming supports each service offering, and a cohesive niche channel in turn supports the programming with a qualified target audience.
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