Dallas TX 11/24/2009 10:56:43 AM
News / Business

SEED, QEDN, BZCN, SSTP, MNDP, IBAS OTCPicks.com Stocks to Watch for Tuesday, November 24th

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Our Stocks to Watch tomorrow include Origin Agritech Ltd. (Nasdaq: SEED), QED Connect Inc. (OTC: QEDN), BizAuctions Inc. (OTC: BZCN), Sustainable Power Corp. (OTC: SSTP), Mundus Group Inc. (OTC: MNDP) and iBasis Inc. (Nasdaq: IBAS).

 

ORIGIN AGRITECH LIMITED (NASDAQ: SEED)

"Up 100.58% on Monday"

 

Detailed Quote: http://www.otcpicks.com/quotes/SEED.php

 

Founded in 1997 and headquartered in Beijing, Origin Agritech Limited is China’s leading, vertically-integrated agricultural technology company specializing in agri-biotech research, development and production to supply the growing populations of China. Origin develops, grows, processes, and markets crop seeds to farmers throughout China and parts of Southeast Asia via a network of approximately 3,800 first-level distributors and 65,000 second-level distributors and retailers. The hybrid seed industry is estimated at US $2.5 billion and that is expected to double within the next five years. The Company currently operates facilities in 30 of 32 provinces in China. Since Origin launched its first entirely internally developed seed in 2003, the Company has developed 26 proprietary corn seed products, 19 proprietary rice seed products, 5 proprietary cotton seed products and 4 proprietary canola seed products that are in commercial production and distribution as of December 2008.

 

SEED News:

 

November 21 - Origin Agritech Announces Final Approval of World's First Genetically Modified Phytase Corn

 

China’s First Transgenic Corn Introduces the Next Generation of Agricultural Products

 

Origin Agritech Limited (Nasdaq: SEED) (“Origin”), a leading technology-focused supplier of crop seeds and agri-biotech research in China, announced it has received the Bio-safety Certificate from the Ministry of Agriculture as a final approval for commercial approval of the world’s first genetically modified phytase corn. Origin’s phytase corn is the first transgenic corn to officially introduce the next generation of corn product approved and sold commercially into the domestic marketplace.

 

Genetically modified seed products in China must undergo five separate stages of approval beginning with a phase one laboratory approval to the final receipt of the Bio-safety Certificate in phase five. Currently, this GM seed approval process is restricted only to domestic seed producers such as Origin Agritech.

 

Phytase is currently used as an additive in animal feed to breakdown phytic acid in corn, which holds 60% of the phosphorus in corn. Phytase increases phosphorus absorption in animals by 60%. Phosphorus is an essential element for the growth and development of all animals, and plays key roles in skeletal structure and in vital metabolic pathways. Phytase, as an additive for animal feed, is mandatory in Europe, Southeast Asia, South Korea, Japan, and other regions for environmental purposes.

 

Phytase transgenic corn, developed by and licensed from Chinese Academy of Agricultural Science (CAAS) after 7 years of study, will allow animal feed producers the ability to eliminate purchasing phytase and corn separately. It will eliminate the need for mixing the two ingredients together, saving time, machinery, and labor for the animal feed producers.

 

Origin’s GMO phytase-producing corn is expected to reduce the need for inorganic phosphate supplements as animals will directly absorb more phosphate from their feed, reducing animal feed’s high cost. Inorganic phosphates may be contaminated with fluorin and heavy metal residues created in the manufacturing process. These fluorin and heavy metal residues in the feedstuff are toxic to animals, and dangerous to humans. Origin plans to release further details of the development of their phytase product line as this develops.

 

Dr. Gengchen Han, Origin’s Chairman said, “With this landmark seed approval, we are not only own the first GM corn seed product in China, but we are actively leading the new genetically modified generation of agricultural products for China, and will continue to do so for the future.”

 

QED CONNECT INCORPORATED (OTC: QEDN)

"Up 50.00% on Monday"

 

Detailed Quote: http://www.otcpicks.com/quotes/QEDN.php

 

QED Connect, Inc. is an information security Software-as-a-Service (SaaS) provider that gives organizations visibility, management and control of activity on all their computers, laptops and wireless devices. The company's SaaS, Omni Manager, is an affordable way to monitor and manage how employees are using company computers and the Internet any time, any location; solving problems created by today's 'virtual' work environment (branch offices, remote workers, traveling employees). Omni Manager is a web-hosted software application that includes Internet filtering and blocking, antivirus, instant messaging management, asset tracking, application usage monitoring and policy management. ROI is delivered by employee productivity gains, cost savings and improved operational efficiencies.

 

QEDN News:

 

November 12 - QED Connect Merger Partner Seeking to Finalize Contract

 

QED Connect Inc. (OTC: QEDN) ("QED Connect"), an innovative, software-as-a-service (SaaS) provider for the information security market, announced its merger partner, Southeastern Retail Services, Inc., d/b/a "ProRemote Solutions" is in the process of finalizing a contract for the placement of its ProRemote Solutions products.

 

Under the proposed contract, with one of the leading metro-Atlanta Sports Bar entertainment complexes, ProRemote has agreed in principal to provide its remote control products that will allow the operator of the establishment to simultaneously control multiple channels, on/off and volume levels for their over 100 displays with a click of a button from the ProRemote, single-source remote control. The remote also provides the convenience of allowing the user to set favorite stations such as Monday Night football to deliver seamless selection of sporting events via a point-a-click environment. The events can be pre-programmed in advance to change the station without additional interaction from the staff. Also included will be surveillance cameras and security controls for arming and disarming the alarms. All features can be controlled via the internet remotely.

 

Michael A. Gregorakos, president of ProRemote Solutions, said, "The market opportunity for our product is very large as there are thousands of sports bars in the US market. All the establishments have the same issues and our solution offers a simple approach to allow them to better serve their customers."

 

ABOUT PROREMOTE SOLUTIONS

 

ProRemote Solutions is a manufacturer of innovative, home based technology solutions for the Home Theatre Industry. The company provides a value proposition of proprietary, single source remote control solutions integrating audio & video media servers along with remote monitoring, security and lighting systems in a single remote control unit. ProRemote also offers stand alone home theater products. ProRemote Solutions is headquartered in Marietta, GA.

 

BIZAUCTIONS INCORPORATED (OTC: BZCN)

"Up 53.85% on Monday"

 

Detailed Quote: http://www.otcpicks.com/quotes/BZCN.php

 

BizAuctions, Inc. is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries. BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment. We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.

 

BZCN News:

 

November 19 - BizAuctions Total Bids on eBay for 90-Day Period Hits 12,402

 

BizAuctions, Inc. (OTC: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks and returns, announced total bids received for its eBay auctions during the last 90-day period.

 

Delmar Janovec, CEO comments, "BizAuctions, a Titanium Powerseller, on eBay through its eBay store name: BusinessAuctions Inc, total bids received on its listings for the last 90-day time period reaches, 12,402. The average sold price for each listing was approximately $89.00. Management and staff are committed in providing our customers with excellent service and quality brand name products at significant savings from retail prices. This service continues to reflect in the Company's customer satisfaction rating on eBay of 98.9%, with over 40,700 positive feedbacks."

 

"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay, its recently opened retail store, Lucky 7's, and soon through its recently announced Letter of Intent with Midwest Outlet Centers," continues Janovec.

 

The Company's clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.

 

SUSTAINABLE POWER CORPORATION (OTC: SSTP)

"Up 29.00% on Monday"

 

Detailed Quote: http://www.otcpicks.com/quotes/SSTP.php

 

Sustainable Power Corp. is an international green energy total service provider focused on producing environmentally friendly jet fuel, gasoline, diesel and marine fuel meeting all petroleum ASTM standards. The company has developed and manages a portfolio of green, non-food, agricultural feed stock to produce a revolutionary bio-crude which all jet, diesel, and gasoline engines can utilize without any modifications. Visit www.sstp.us for more information.

 

SSTP News:

 

September 3 - Sustainable Power Corp. Shareholder Update

 

Sustainable Power Corp. (OTC: SSTP) presented the following communication from its Chairman, President and Chief Executive Officer, M. Richard Cutler:

 

SHAREHOLDERS AND INVESTORS OF SUSTAINABLE POWER CORP.

 

It has been a few months since our last investor update and over this time the Company has shown promise and made strides toward commercializing its technologies. We continue to seek the financing required to push forward our opportunities despite a difficult economy.

 

Below is a summary of some key developments to-date:

 

Vertroleum™ Biofuels and Electricity

 

The independent review of our green energy process of conversion of biomass into biofuel -- called Vertroleum® that is being conducted by a world-renowned and respected university is near completion. Updates we have received from the university confirm the validity of our technology and its by-products, and are in the process of being finalized. The company eagerly awaits receipt of the final report.

 

Financial Statements and SEC Filings

 

The Company's year-end audited financial statements for 2008, and the first and second quarter financial statements for 2009 are nearing completion. Additionally, we are close to completing our response on comments that were issued by the Securities and Exchange Commission (SEC) on the filed Form 10-SB. The Company anticipates submitting our responses as well as the interim financial statements to the SEC within the next 30 days.

 

Road to Commercialization

 

Since the last shareholder update, the Board of Directors has been seeking out well-respected scientific and technical advisors whose function would be to analyze the University test results upon the company's receipt and disseminate such information to the investment community. The advisor or advisors will aid in the formulation, organization, and compilation of data generated from multiple analyses that have been completed over several years and prepare it in a format that can be presented to shareholders. The function of the advisor or advisors will also be to counsel the Board of Directors and Company management on the best direction to commercialize our green technology. The Company intends to report the status of this advisory program in the near future.

 

MUNDUS GROUP INCORPORATED (OTC: MNDP)

"Up 26.47% on Monday"

 

Detailed Quote: http://www.otcpicks.com/quotes/MNDP.php

 

The Mundus Group, Inc. is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments. From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.

 

MNDP News:

 

November 20 - Mundus Group, Inc. Announces Its Subsidiary AirStar International Is Improving Its Prototyping and Production Efficiency by Purchasing a Computer Numerical Code Machine Allowing for Complete In-House Manufacturing

 

AirStar has purchased a CNC machine, which along with Mundus' design and engineering capabilities and use of 3D CAD, will allow in house prototyping/manufacturing of machined aircraft aluminum and steel parts. "The purchase was critical to our expansion and is keeping in step with our ambitious plans to deliver our UAV technology in several key industries," said Keith Michael Field, Chairman for the Mundus Group (OTC: MNDP).

 

The CNC machine purchase gives AirStar the ability to physically explore a part before it is approved for manufacturing. This allows us to create, validate, optimize, and manage designs from the conceptual design phase through the manufacturing process. By being able to produce actual physical prototypes in-house, AirStar can visualize and simulate real-world performance of the design, speeding up the process from concept to manufacturing.

 

The CNC machine enables AirStar's manufacturing technicians to machine parts that come directly from the design and engineering department, bridging the gaps that exist between in-house design and outsourced prototyping/manufacturing. By adding the CNC capabilities, Airstar is decreasing design time on rework or work-in-progress for crucial projects, reducing errors on initial designs through better visualization, and eliminating lengthy design to product changes during tight lead times.

 

AirStar's proprietary CamCopter is famous for its major Hollywood films, commercials and documentaries. We also provide assistance to the remote controlled (RC) operator who wants to take their business to the next level with Aerial Photography, Aerial Surveillance, Environmental Testing and Aerial Search & Rescue that will create business through innovative aerial solutions that will generate revenue streams to their business.

 

ABOUT AIRSTAR INTERNATIONAL INC.

 

AirStar, has been an innovator and world leader in Unmanned Air Vehicles and Remote Controlled Vertical Take off and Landing technology for the past 20 years in the design, engineering, development, production and sales of cutting edge remote controlled (RC) unmanned air vehicles (UAVs) for US military, international government and civilian surveillance services, fire and rescue departments as well as world renowned aerial cinematography for movie and commercial production, aerial photography and laboratory / product data testing.

 

IBASIS INCORPORATED (NASDAQ: IBAS)

"Up 31.86% on Monday"

 

Detailed Quote: http://www.otcpicks.com/quotes/IBAS.php

 

Founded in 1996, iBasis is a leading wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services and enhanced services for mobile operators. iBasis customers include KPN, KPN Mobile, E-Plus, BASE, TDC and many other large telecommunications carriers such as Verizon, Vodafone, China Mobile, China Unicom, IDT, Qwest, Skype, Telecom Italia, and Telefonica. The Company carried approximately 24 billion minutes of international voice traffic in 2008, placing the Company among the three largest carriers of international voice traffic in the world.

 

IBAS News:

 

November 23 - KPN to Buy Remaining iBasis Shares for $3 Apiece

 

According to MarketWatch, “KPN, the telecom-service provider based in the Hague, agreed to acquire the 44% of iBasis Inc. (Nasdaq: IBAS) that it doesn't already own for $3 a share cash, or $93.3 million.”

 

For more information on the proposed buy-out, visit http://bit.ly/5yf4uM.

 

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