Our Stocks to Watch today include Alternative Fuel Technologies Inc. (OTC: AFTC), Green Energy Live Inc. (OTCBB: GELV), Vega Promotional Systems Inc. (OTC: VGPR), Biomagnetics Diagnostics Corp. (OTC: BMGP), Gen2Media Corp. (OTCBB: GTWO), Akeena Solar Inc. (Nasdaq: AKNS), Newport Digital Technologies Inc. (OTCBB: NPDT), Smokefree Innotec Inc. (OTC: SFIO), Ambassadors International Inc. (Nasdaq: AMIE), Target Development Group Inc. (OTC: TDGI) and Eline Entertainment Group Inc. (OTC: EEGI).
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ALTERNATIVE FUEL TECHNOLOGY INCORPORATED (OTC: AFTC)
Detailed Quote: http://www.otcpicks.com/quotes/AFTC.php
Company Profile: http://www.otcpicks.com/alternative-fuel-technology.htm
Alternative Fuel Technology Inc. is a research & development organization engaged in the design, development and prototype manufacturing of advanced fuel systems for use with a new alternative fuel — dimethyl either (DME). AFTC has developed practical, low-cost fuel injection equipment for DME fueled vehicles and currently provides complete DME fuel systems for testing and research purposes in addition to retrofit systems that can be used with most diesel engines. The company's ultimate goal is series production of DME fuel systems for the global automotive market by 2011.
AFTC News:
December 10 - SmallCapSentinel.com: A Good Day for AFTC and a New Alternative Fuel
Wednesday was a pretty good day for Alternative Fuel Technologies, Inc. (OTC: AFTC). In the span of a few hours, the company was able to deliver investors two pretty strong news items that should enhance sentiment toward AFTC and its efforts in the design, development and prototype manufacturing of advanced fuel systems for use with a new alternative fuel — dimethyl ether (DME). In the broad category of alternative fuels and green energy, news such as that provided by AFTC helps any emerging company to distinguish itself from others in its peer group.
First, Alternative Fuel Technologies reported that it has received an order from Shanghai Diesel Engine Company, a leading manufacturer of diesel engines in the People's Republic of
Shortly after market, AFTC followed up with a potential boon to its corporate fortunes as it announced that its wholly owned subsidiary, Alternative Fuel Technology, LLC, has been competitively selected for negotiation and possible award by the U.S. Army for a Phase 2 SBIR project valued at $730,000. Clearly, if this award does indeed materialize for AFTC the company will enjoy not just the influx of significant capital from the agreement, but it will also be on its way to developing an important relationship with a massive vendor in the U.S. Army as well as earning credibility that it can leverage elsewhere.
For a new alternative fuel and a company on a journey for sustaining traction, Wednesday may well prove to have been a day when it took strong steps toward that objective.
December 9 - Alternative Fuel Technologies Awarded Phase 2 Army Contract
Alternative Fuel Technology, LLC, a wholly owned subsidiary of Alternative Fuel Technologies, Inc. (OTC: AFTC), announced that it has been competitively selected for negotiation and possible award by the U.S. Army for a Phase 2 SBIR project. The project is valued at $730,000.
The Phase 2 project is an extension of a successful Phase 1 project where AFT identified a significant wear problem on a commercial diesel common rail fuel injection system running on JP-8 jet fuel. The Army uses JP-8 jet fuel in all of its diesel applications for logistics reasons.
In the Phase 2 project, AFT will redesign the commercial diesel common rail pump to lower wear to acceptable levels. To accomplish this goal, AFT will apply materials technology and other lessons learned during the development of their well known DME common rail fuel system.
ABOUT SBIR
DoD's SBIR program funds early-stage R&D projects at small technology companies — projects which serve a DoD need and have the potential for commercialization in private sector and/or military markets. The program, funded at approximately $1.23 billion in FY 2009, is part of a larger ( > $2 billion) federal SBIR program administered by twelve federal agencies.
As part of its SBIR program, the DoD issues an SBIR solicitation three times a year, describing its R&D needs and inviting R&D proposals from small companies — firms organized for profit with 500 or fewer employees, including all affiliated firms. Companies apply first for a six-month to nine-month phase I award of $70,000 to $100,000 to test the scientific, technical, and commercial merit and feasibility of a particular concept. If phase I proves successful, the company may be invited to apply for a two-year phase II award of $500,000 to $750,000 to further develop the concept, usually to the prototype stage. Proposals are judged competitively on the basis of scientific, technical, and commercial merit. Following completion of phase II, small companies are expected to obtain funding from the private sector and/or non-SBIR government sources (in "phase III") to develop the concept into a product for sale in private sector and/or military markets.
ABOUT DME
DME is a new ultra-clean diesel fuel replacement that can be produced from abundant resources. These include natural gas, landfill methane, coal and biomass. At current oil prices, DME can be produced and distributed at less than 1/2 the cost of conventional fuel. When burned in a diesel engine, all soot emissions are eliminated and NOx emissions are lowered dramatically without the use of expensive exhaust aftertreatment devices.
GREEN ENERGY LIVE INCORPORATED (OTCBB: GELV)
Detailed Quote: www.otcpicks.com/quotes/GELV.php
Company Profile: http://www.otcpicks.com/green-energy-live.htm
Green Energy Live Inc. is engaged in developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation's $154 billion livestock industry. The company plans to use its proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable livestock farmers and ranchers to convert their animal waste into clean, renewable energy.
GELV News:
December 10 - In A New Audio Interview at SmallCapVoice.com, Karen Clark, CEO of Green Energy Live, Inc., Updates Shareholders and Provides Company Progress Report
SmallCapVoice.com, Inc. announced that a new audio interview with Green Energy Live (OTCBB: GELV) is now available. The interview can be heard at http://smallcapvoice.com/blog/12-9-09-audio-interview-with-green-energy-live-inc-otcbb-gelv.
VEGA PROMOTIONAL SYSTEMS INCORPORATED (OTC: VGPR)
Detailed Quote: http://www.otcpicks.com/quotes/VGPR.php
Company Profile: http://www.otcpicks.com/Newsletter/VGPR_eProfile_110909.html
Vega Biofuels, Inc. (VGPR) was formed to pursue the production and sale of biofuel products throughout the world. With the growing need for clean energy, and the uncertain costs of fossil fuels, power generating plants around the world are looking at more useful and economical methods to run their power systems.
VGPR News:
December 9 - Vega Signs Large Torrefaction Agreement With Hong Kong Firm
Vega Promotional Systems, Inc. (OTC: VGPR) announced it has entered into a Joint Venture Agreement to build multiple manufacturing plants throughout China to produce alternative energy using torrefaction technology.
Vega and its Joint Venture partner, Global Capital Market, LTD (GCM), located in
GCM is providing the land for the manufacturing facilities, the factories, and the necessary biomass resources to produce 100,000 metric tons of torrefaction pellets annually in each plant, generating approximately $14 million in annual revenue, per location.
Michael K. Molen, Chairman of Vega, stated, "We have been working on this project for quite awhile and we are very proud to have an Agreement in place. We have a very strong partner in
In addition to
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:
December 9 - A New Audio Interview with Clayton Hardman, CEO of Biomagnetics Diagnostics, is Now at SmallCapVoice.com
SmallCapVoice.com, Inc. announced that a new audio interview with Biomagnetics Diagnostics Corp., (OTC: BMGP) is now available. The interview can be heard at http://smallcapvoice.com/blog/12-8-09-audio-interview-with-biomagnetics-diagnostics-corp-otcpk-bmgp.
GEN2MEDIA CORPORATION (OTCBB: GTWO)
Detailed Quote: www.otcpicks.com/quotes/GTWO.php
Company Profile: http://www.otcpicks.com/Newsletter/GTWO_102809.html
Gen2Media is a fully integrated technology, production and marketing company whose proprietary and patent-pending technology has earned the trust of a growing, globally diversified customer base, comprised of leading media companies, corporations, chart-topping artists, entertainment companies, advertising agencies and national brands such as The Black Eyed Peas, Mary J. Blige, Britney Spears, Justin Timberlake, Microsoft Xbox LIVE, Coca-Cola Company, Toyota, Clear Channel, and others.
GTWO News:
December 8 - Gen2Media President Mary Spio Accepts Invitation to Join
Gen2Media Corporation (OTCBB: GTWO), an innovative full service video technology and production company, announces Co-Founder and President Mary Spio has accepted an invitation to join a USA Today panel of CEOs, Presidents, Founders, and Chairmen. The panel includes over 1000 select executives from various industries including dozens from the Fortune 1000. Ms. Spio will advise on leadership trends a few times a year.
Del Jones, Corporate Management Reporter for USA Today, said he was impressed with Mary Spio’s career; from a server at McDonalds to a Digital Media Expert consulting on marketing strategies with the world’s most iconic names and brands. He said that an executive of her caliber with a client base of national brands like Coca-Cola and Microsoft definitely adds another level of expertise to the panel.
Mary Spio notes, “I am truly honored to be part of this exclusive USA Today panel. My team at Gen2Media is certainly at the cutting edge of the latest marketing trends in digital media. As the focus continues to shift from traditional to online presentations, Gen2Media is called upon to offer innovative tools that help our clients engage and interact with their customers. We offer truly impactful advertising opportunities and create amazing videos for clients over and over again.”
AKEENA SOLAR INCORPORATED (NASDAQ: AKNS)
"Up 44.45% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AKNS.php
Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the nation's leading installers and manufacturers of solar power systems. Akeena Solar's revolutionary Andalay AC solar panels produce safe household AC power and have built-in racking, wiring, grounding and inverters. With 80% fewer parts and 5-25% better performance than ordinary DC panels, Andalay panels are an ideal solution for solar installers, trades workers and do-it-yourselfers.
AKNS News:
December 9 - Akeena Solar's Andalay AC Solar Panels Now Available at Lowe's Home Improvement Stores
Plug-and-Play Panels Hit Shelves at Lowe's
For the first time, homeowners can purchase high-performing, easy-to-install solar panels off the shelves of a major retailer, announced Akeena Solar Inc. (Nasdaq: AKNS), a leading installer and manufacturer of solar power systems. The Andalay AC panels are available at 21 Lowe's home-improvement stores throughout
"The PC revolution in the computer industry occurred when new technology made PCs easy to use and affordable," said Barry Cinnamon, CEO of Akeena Solar. "Likewise, with panels becoming plug-and-play appliances, the solar revolution has started. The availability of solar panels in Lowe's stores makes it easy for homeowners to go solar and is a big step toward getting solar on every sunny rooftop."
The Lowe's
Breakthrough Andalay AC Panels are Safer, More Reliable and Simpler to Install
Andalay AC panels, developed by Akeena Solar in
Andalay panels also have built-in inverters that produce household AC power, so there is no high-voltage DC wiring. These safety and reliability benefits are achieved without compromising performance. In fact, Andalay AC panels produce 5 to 25 percent more energy output compared with ordinary DC solar panels. Because of the modular design of Andalay AC panels, homeowners could install a few panels now and gradually add on later, unlike DC systems that require a complete redesign when adding panels.
Ordinary DC solar power systems also require special installation skills. The innovations provided by Andalay's AC solar system deliver simplicity and safety so that for the first time, electricians, HVAC contractors and experienced do-it-yourselfers can install a solar power system without specialized training.
"Buying panels off the shelf at Lowe's offers solar options to homeowners that they didn't have," continued Cinnamon. "Homeowners now can get a system as small as one panel. With Andalay's safe household AC power design, they are the only real choice for do-it-yourselfers."
Participating Lowe's stores will stock the accessories required for installation, eliminating the need for do-it-yourselfers and contractors to pre-order components and enabling them to pick up what they need on the way to the installation.
"Up 25.42% in morning trading"
Detailed Quote: www.otcpicks.com/quotes/NPDT.php
Newport Digital Technologies, Inc. is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space — RFID (radio-frequency identification), WiMax, eLearning, Digital Signage & LED Lighting and Security & Surveillance solutions. NPDT develops and delivers these technology solutions through strategic collaborations with global partners, including Taiwan Industry and
NPDT News:
December 10 -
Newport Digital Technologies, Inc. (OTCBB: NPDT) provided an update on the launch of its first RFID ready, handheld computing device. The Company announced today that it anticipates that it will have its military rugged handheld N37B computing device complete the AT&T device certification on December 14th, 2009 and subsequently will be strategically channeled through to AT&T's special vertical markets (SVM) with Ingram Micro as its logistics and distribution partner.
"NPDT and AT&T's marketing and business development teams are working to identify business-to-business SVM channel opportunities for the N37B in the supply chain management, retail, military, law enforcement, telecom, industrial process and control, and automotive markets," said Newport Digital CEO Michael Lutton. "The N37B rugged handheld mobile computer will be available to our sales channel effective January 2010. We anticipate this unique, RFID-enabled computing device to generate significant revenue for NPDT in calendar 2010."
"NPDT, in conjunction with leading Taiwan-based R&D technology incubators, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI), is commercializing a number of leading-edge Radio Frequency Identification (RFID) technologies," said NPDT President Weiling Tsao. "The first product is the N37B ruggedized handheld RFID reader and computing device that was unveiled at the Voluntary Interindustry Commerce Solutions Association (VICS) conference hosted by the University of Arkansas RFID Research Center. NPDT is a named sponsor of this research center at the Sam Walton College of Business."
"The N37B will also offer two more complementary integrated options that include 3G connection module and location and navigation-based GPS," commented Richard Tanimoto, NPDT's Senior Managing Director. "The 3G option will enable the handheld to have data connectivity anywhere a cellular connection is available, making for a 'connect anywhere' scenario for RFID business applications. The GPS option will allow for the N37B to not only collect RFID data from item level inventory but to pinpoint and report the location of the inventory scanned by the RFID reader. This greatly enhances and expands the applications that can be offered from Independent Software Vendors (ISVs). NPDT will also work closely with Independent Hardware Vendors (IHV) such as Socket Mobile and Middleware Software Vendors (MSV) such as Shovon and Workbridge to enhance the N37B application offering."
"We are thrilled to be approaching the final week of certification for this Mobile Handheld Computer with RFID reader for use on AT&T's wireless network," continued Lutton. "We are also excited by the response of the RFID industry and channel partners. The N37B, which will run on Microsoft's Windows CE Mobile Computing Platform, has wide application in the RFID market. NPDT will offer this device along with a comprehensive line of mobile computing products and applications solutions targeting RFID field applications for asset tracking, inventory management and point-of-sale for various B2B markets."
NPDT's planned RFID product suite includes: Electronic Product Code (EPC) Global certification laboratory testing, ruggedized, military/commercial-grade RFID enabled, mobile handheld tablet computers, POS kiosks, POS Checkout, EAS readers, USB readers and RFID tags. Utilizing the Microsoft Windows CE and XP Mobile operating systems, NPDT will further extend the features and capabilities of its products.
"Newport Digital Technologies has developed truly innovative RFID technologies and we are thrilled to work with them to bring these technologies and applications to the Windows Mobile platform," said Daren Mancini, General Manager in the Windows Mobile Sales division at Microsoft.
SMOKEFREE INNOTEC INCORPORATED (OTC: SFIO)
"Up 5.13% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SFIO.php
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, nicotine delivery cigarette-like device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking.
SFIO News:
December 10 - Smokefree Innotec Projecting Q1 Sales for 2010
Smokefree Innotec, Inc. (OTC: SFIO) President Thomas Schroepfer announced that he is projecting anticipated sales in the Benelux countries for the first quarter of 2010 based on pending contracts in the $9.5 million range with these relatively small countries. Smokefree Innotec's products will become available in the course of the next three months in 6,000 convenience stores and gas-stations and will be accessible through 15,000 vending machines in
Mr. Schroepfer is impressed with the results that its European management team achieved and the resonance of the product with target groups in Europe and in other parts of the world: "the introduction in Argentina, South Africa, Australia and New Zealand is imminent, I expect that the figures will be comparable and I have all faith that the whole world will know about Smokefree at the end of the first semester of the new year."
Smokefree Innotec holds the patent in the world's first totally smoke free hi-tec cigarette REAL Smokefree (no lighted tip, no fumes at all) which it will be marketed side by side with other smoke free alternatives.
Smokefree Innotec has redesigned its website and will go live today with the new design.
For more information, visit www.sfio.us or www.smokefree-innotec.com.
ABOUT WORLD MARKET MEDIA
World Market Media utilizes cutting edge social media platforms to connect the world's securities exchanges and their various investment communities with the goal of creating the world's first Global Online Investment Community. WMM implements innovative media solutions to produce real market results delivering in-house services including IR 2.0, online advertising, marketing, social media solutions, web-traffic, search marketing, web development, branding and audio/video and motion graphics production.
AMBASSADORS INTERNATIONAL INCORPORATED (NASDAQ: AMIE)
"Up 14.32% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AMIE.php
Ambassadors International, Inc. is primarily a cruise company. The Company operates Windstar Cruises, an international, luxury cruise line. The Company is transitioning its headquarters from
AMIE News:
November 23 - Windstar Cruises Voted 'Most Romantic Cruise Line' for Fifth Time by Porthole Cruise Magazine Readers in Annual Awards
Windstar Cruises, a subsidiary of Ambassadors International, Inc. (Nasdaq: AMIE), which operates a three-ship fleet of luxury yachts that explore hidden harbors and secluded coves of the world's most treasured destinations, has been recognized by Porthole Cruise Magazine as the "Most Romantic Cruise Line" for the fifth time in a row by readers in the 11th Annual "Best of Cruising" Reader's Choice Awards.
"When it comes to romance on the high seas, it's hard to compete with Windstar Cruises," said Bill Panoff, publisher and editor-in-chief of Porthole Cruise Magazine, the leading consumer cruise magazine. "Our experienced readers know this, and that is why they have voted them Most Romantic Cruise Line year after year."
Several thousand readers cast their ballots in the 11th Annual Reader's Choice Awards. The full list of awards are featured in the December 2009 issue of Porthole Cruise Magazine.
"We are honored that the readers of Porthole Cruise Magazine selected Windstar Cruises again as the Most Romantic Cruise Line in the world," said Diane Moore, president, Windstar Cruises. "We are often told by our loyal guests how romantic it is to sail on our beautiful ships."
Windstar recently announced the latest phase of its Degrees of Difference initiative featuring added amenities and enhancements to its luxurious ships in the areas of dining, accommodations, entertainment, spa, fitness and shore excursions. With this latest initiative, Windstar continues to raise the bar, delivering a vacation experience that is "180 Degrees from Ordinary."
In addition to the Porthole Cruise Magazine award, Windstar has been recognized by notable names in the travel world. Celebrated Living, American Airlines' prestigious publication for first class passengers, named Windstar Cruises "Best Small-Ship/Mid-Ship Cruise Line" on their 2009 Platinum List for the third time in a row. Windstar received a "Favourite Small-Ship Cruise Line" award in the
ABOUT WINDSTAR CRUISES
Windstar Cruises operates three sailing yachts known for their pampering without pretense and their ability to visit the hidden harbors and secluded coves of the world's most treasured destinations. Carrying just 148 to 312 guests, the luxurious ships of Windstar cruise to nearly 50 nations, calling at 100 ports throughout Europe, the Caribbean and the
TARGET DEVELOPMENT GROUP (OTC: TDGI)
"Up 14.29% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TDGI.php
Target Development Group Inc. intends to create, produce, and acquire professionally produced content in Music and Digital Short-Form and Long -Form Programming. The company would integrate social networks and other social networking video sites with its proprietary delivery system. This system would have media players, Built-in Ecommerce Solutions, Streaming Video, VOD, Video Podcasting, Mobile Video and Texting, which in turn support its Channels and Programs. It would produce much of its own original programming, mainly from live sponsored events, which solves licensee and clearance issues. The company provides interactive, targeted advertising (to each room in the house) which is tracked, recorded, and reported for measurable demographic results for the advertiser. The company, through its media division, intends to provide turnkey HD channels and HD programming opportunities for full power broadcasters to fill their digital spectrum or tiers using a proprietary patented delivery platform. Additionally, cable networks, low power stations, mobile networks and any ISP using multipoint acceptance can also receive the HD channels and HD programming from the company through its proprietary delivery platform.
TDGI News:
December 10 - Target Development Group and
Hannover House, the film and video releasing label for Target Development Group, Inc. (OTC: TDGI), has acquired the North American video rights to "Sensored," an acclaimed suspense thriller starring Robert Picardo ("Star Trek: Voyager," "Stargate Atlantis," "Stargate SGI").
The agreement was entered into between Target-Hannover House president Fred Shefte with Jo and Kevin Haskin, of KeJo Productions, LLC, an up-and-coming feature film production company headquartered in
In "Sensored," Robert Picardo plays Wade Nixon, a children's book author trying to keep his frayed mind from unraveling. Wade's battle with his own demons causes him to believe there is a conspiracy against him. Hanging in the balance is his legacy, and he'll stop at nothing to prove its reality. The line between mundane reality and horrific fantasy is skillfully blurred in this powerful film that Movie News described as "intense and intelligent... a top quality thriller that delivers the goods."
"Sensored" has generated enthusiastic audience reactions in sneak preview screenings, with research feedback meeting or exceeding results generated by the current, indie-cinema hit, "Paranormal Activity."
Legendary film director Joe Dante ("Gremlins," "Small Soldiers") provided insightful commentary about the film.
"The great Robert Picardo gets inside the mind of a madman in Ryan Todd's unexpected, riveting mindbender that plays like a horror film but ends up being so much more. A tour-de-force for one of my favorite actors, who at last gets to carry a picture. Sarah Knowlton is likewise memorable. Timely, thoughtful and altogether engrossing. One of the year's finest indies." -- Joe Dante.
The film was directed by Ryan Todd and produced by Kevin Haskin and Jo Haskin of KeJo Productions, LLC.
"Sensored" is not currently rated by the MPAA, but is expected to earn a "R" rating when reviewed by the Classifications and Ratings Administration. The film runs for 91 minutes and is in color and stereo. DVDs of "Sensored" will be priced at $19.95 suggested retail and Blu-Ray units will be priced at $24.95 suggested retail. The DVD UPC number is 7-6145073673-3 and the Blu-Ray UPC number is 7-6145003673-4. Hannover House and Target have set a video release date for Tuesday, February 2, 2010.
ELINE ENTERTAINMENT GROUP INCORPORATED (OTC: EEGI)
"Up 21.43% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EEGI.php
Eline Entertainment Group, Inc. operates as a holding company of Industrial Fabrication & Repair, Inc. (IFR); Storm Depot International Corp.; and CTD Holdings, Inc. Industrial Holding and IFR IFR, a 51%-owned subsidiary of Industrial Holding, is engaged in component sales, machining, specialty design and fabrication. IFR engages in component sales, machining, specialty design and fabrication for conveyer systems used in the movement of raw materials, finished goods and supplies in its customers' manufacturing processes. IFR's customers are engaged in various industries, including paper, steel mills, rock quarry operations, coal mining applications and bottling facilities located in the South Eastern United States. Its customers include Coca-Cola, Pepsico, Kimberly-Clarke Corp., American Limestone, Gerdau-AmeriSteel, Vulcan Materials Co., Harrison Construction, Blue Diamond Coal, Carlex Glass, HBD Industries and Hartco Flooring. Storm Depot international Corp. Storm Depot International Corp. distributes hurricane protection products through a network of licensed dealers and independent retailers.
EEGI News:
December 9 - Eline Entertainment Group Inc. Finalizes Merger China Education Company
Eline Entertainment Group Inc. (OTC: EEGI) announces the completion of its merger with Innovation Investment Co., Ltd. (Inn Group).
Innovation Investment Co. specializes in operating educational centres in North East China and specialty financial services. Founded in 1999, Innovation Education Group has developed into a conglomerate group enterprise consisting of Innovation Investment Co., Ltd (Heilongjiang), Innovation Investment Co., Ltd (Guangzhou), Innovation Management INC, Innovation Nursery School, Innovation Elite Nursery School (demonstration kindergarten of South China), Innovation Elite Nursery School (demonstration kindergarten of Northeast China), De Tian Enterprise Management Consulting Co., Ltd, Innovation Educational Science Research Institute.
The assets being vended in EEGI are valued at over 10 million dollars. EEGI intends to recapitalize to 888 million shares and pay about 780 million shares to the Inn Group for the asset, or approximately $2.5 million dollars.
Mrs. Wei Hong, the incoming CEO and a spokesperson for the Inn Group said, "We've met with the EEGI representatives to discuss the present position of our company. Because of the relatively low float of about 90 million shares in EEGI we are advised that the appreciation of EEGI stock with our merger, together with the mindset that all of our 780 million shares will be restricted; the 10 million dollar valuation would quickly be acknowledged by the market forces."
In other company news, EEGI currently has a "skull and bones" rank which stems from activities dating back to 2007 of the previous management. The company is working diligently to complete its financial filings with Pink Sheets including its Q3 report which should earn the company a "Yield" or the top 2 tier ranking with Pink Sheets.
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Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars by a third party (Blue Wave Advisors) for AFTC advertising and promotional services back in August 2009, and we have been compensated another two thousand five hundred dollars by a third party for a current one-day AFTC advertising and promotional program. OTCPicks.com has been compensated four thousand dollars by a third party for a previous one-week GELV advertising and promotional program. OTCPicks.com is currently being compensated two thousand five huindred dolalrs from BlueWave Advisors for GELV advertising and promotion. OTCPicks.com has not been compensated for VGPR advertising and promotional services but OTCPicks principles have purchased six hundred thousand free trading shares in the open market and reserves the right to sell any or all shares at any time. OTCPicks.com has been previously compensated seven thousand five hundred dollars by a third party for BMGP advertising and promotional services. OTCPicks.com has been compensated twelve thousand five hundred dollars by a third party for BMGP advertising and promotional services. OTCPicks.com has been compensated two thousand dollars by a third party (Blue Wave Advisors) for a one week GTWO advertising and promotional program. OTCPicks.com has been compensated ten thousand dollars by a third party (Emerging Market Consultants) for GTWO advertising and promotional services. OTCPicks.com has been compensated two thousand five hundred dollars by a third party (BlueWave Advisors) for NPDT 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.
