New York, New York 7/2/2007 11:03:54 PM
Speak with other shareholders about: (OTC: MNCL), (OTC: FFTIQ), (OTC: LYJN), (OTC: SHCAY), (OTC: AWRCF) .
AUSTIN, TX: Are you looking to speak with other investors about your favorite stock? Stockwire.com, ranked in the top 5,000 websites in the United States by Alexa.com/Amazon.com, has created one of the finest chat programs available for investors. Now you can chat real-time with like-minded individuals about your favorite stock. Visit Stockwire.com and click the "Chat Live" button at the top.
Chat real-time with other investors about this MNCL news release, by clicking this link: http://www.stockwire.com/MNCL
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=MNCL
MARTIN NUTRACEUTICALS, INC. (OTC: MNCL)
Martin Nutraceuticals, Inc. closed at $0.019 Friday, trading 8,945,520 shares
Company News- June 29, 2007: Martin Nutraceuticals Retail Division Receives Second Purchase Order from Canada's Largest Book Retailer, Re-Order Secures Shelf Space with New York Times Best Sellers
Martin Nutraceuticals, Inc. announced that it has received a second purchase order from Chapters Book Stores for their breakthrough book: Medical Crisis: Secrets Your Doctor Won't Share With You .
Chapters Book Stores, whose parent company Indigo Books and Music (TSX: IDG) represents over half of all book sales in Canada with revenues exceeding $300 million annually, is Canada's largest big box retailer with over 77 branded super stores and 280 mall-based stores across Canada. Chapter/Indigo not only was the first to feature an elegant interior to enhance the book reading experience, but has now added the mega-coffee provider Starbucks (NASDAQ: SBUX) to increase the comfort of all visitors .
"We are very pleased that we are beginning to receive re-orders from highly respected book stores like Chapters. We are also confident that our new book Medical Crisis: Secrets Your Doctor Won't Share With You will be a success, and are very pleased that our book is now sharing shelf space with best selling health and wellness books such as Natural Cures," commented Harvey Panesar, President of Martin Nutraceuticals.
"As an organization, our focus remains with the DRTV (infomercial) in the United States; however, we recognize the great opportunity afforded us through our retail division to have product in recognizable book retailers such as Chapters in Canada. We now intend to continue to enter the U.S. market targeting retail placement in such well-known book stores as Borders and Barnes and Noble," Panesar continued.
About Indigo Books & Music Inc.
Indigo is a Canadian company and the largest book retailer in Canada, operating bookstores in all provinces under the names Indigo Books Music & More, Chapters, The World's Biggest Bookstore and Coles. Indigo operates chapters.indigo.ca, an online retailer of books, music, videos, and DVDs. It is a publicly traded company listed on the Toronto Stock Exchange under the stock symbol IDG.
About Martin Nutraceuticals Inc. (OTC: MNCL)
Martin Nutraceuticals Inc. is a company focused on providing improved health and lifestyle through natural products. Martin Nutraceuticals flagship products include Arthrizyme(TM) for general joint pain and Oxygenol(TM) for anti-oxidation and Maximum Slim(TM) for weight control.
The company has recently produced an Infomercial featuring best-selling author Dr. Anthony Martin's new book "Medical Crisis: Secrets Your Doctor Won't Share With You". This amazing new book provides Dr. Martin's insights into the many things that an individual can eat and do in order to improve their health and wellness. The book focuses on providing information that medical doctor do not have the time or the resources to provide to their patients. The book has been described as life-altering and in some instances life-saving.
Chat real-time with other investors about this FFTIQ news release, by clicking this link: http://www.stockwire.com/FFTIQ
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=FFTIQ
FRANKFORT TOWER INDUSTRIES, INC. (OTC: FFTIQ)
Frankfort Tower Industries, Inc.closed at $0.058 Friday, up 286.67%, trading 1,465,529 shares
Company News- June 29, 2007: Frankfort Tower Industries, Inc. Obtains Favorable Oral Ruling on Damages in Court Battle over Termination of Asset Purchase Agreement
Frankfort Tower Industries, Inc., formerly known as ROHN Industries, Inc., a former provider of infrastructure equipment to the telecommunications industry, announced that the Superior Court for the State of Delaware held oral argument on June 28, 2007 on the issue of an award of damages with respect to claims brought by the Company and certain of its subsidiaries as a result of the termination of an asset purchase agreement. At the conclusion of oral argument, the Superior Court for the State of Delaware orally indicated on the record that it intended to find in favor of the Company, and against the defendants, Platinum Equity LLC, a California based private equity firm, and PFrank LLC, a special purpose entity formed by Platinum, on all of the categories of damages alleged by the Company. The Court further orally indicated on the record that it intended to enter an award of damages in favor of the Company of approximately $14,655,000.
The court further orally indicated that it intended to enter an award of prejudgment interest allowed by New York law on the damages award. The Company's position is that interest under governing New York law accrues at 9% simple interest from December 26, 2002, through the date of entry of the judgment. The Company estimates prejudgment interest to be approximately $5,935,000, but this amount has not yet been fixed or agreed to by the Court.
The Court further orally indicated that it may award an additional amount to the Company in respect of one category of damages, but any such award, if made, has not yet been quantified.
This oral ruling of the Superior Court for the State of Delaware does not constitute a final judgment and a final judgment will not be rendered until such time as the Superior Court for the State of Delaware enters a written judgment on the claims. Any written judgment on the claims is subject to appeal by the defendants. Any final damages amount entered by the Delaware Superior Court will be subject to deductions prior to collection by the Company on account of a contingency fee that is payable to the Company's law firm related to the prosecution of the Company's claims (30% of the amount collected by the Company plus costs incurred by such law firm). The Company's collection of any ultimate judgment is subject to the defendants' solvency and their financial ability and willingness to pay any amounts ultimately determined to be owed by them to the Company, in whole or in part.
As previously reported, the Company and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Indiana in September 2003 thereby initiating Case No. 03-17287. Prior to the bankruptcy filing, the Company and certain of its subsidiaries filed a complaint in the Superior Court for the State of Delaware, under Case No. 03C-04-134(SCD), for damages against Platinum Equity LLC, and PFrank LLC. The lawsuit alleged breach of contract and breach of guaranty for termination of an asset purchase agreement relating to a proposed sale of substantially all of the Company's assets in 2002.
On November 22, 2005, the Superior Court for the State of Delaware found that Platinum had properly terminated the agreement because Platinum subjectively believed in good faith that it would incur a material asbestos-related liability. The Company appealed to the Supreme Court for the State of Delaware, which held that there was no objective basis in law or fact for Platinum's termination of the asset purchase agreement and remanded the matter to the Delaware Superior Court to enter judgment in favor of the Company and to make a determination as to damages. The above-described oral ruling was made by the Superior Court for the State of Delaware during its hearing on such matters as part of the remanded proceeding.
Any proceeds ultimately obtained by the Company as a result of the above-described litigation (net of attorneys fees and costs, as described above) will be applied according to the Chapter 11 Plan of Liquidation previously approved by the Bankruptcy Court.
The Bankruptcy Administrative Officer appointed by the Bankruptcy Court believes that the Delaware Superior Court's oral ruling improves the possibility that there will be sufficient amounts available to satisfy the claims of the Company's creditors and make some distributions to its shareholders, but there can be no assurance that such amounts will be available or that any such distribution will be made.
About Frankfort Tower Industries, Inc. (OTC: FFTIQ)
Frankfort Tower Industries, Inc. did not have any significant operations, as of February 17, 2004. It was formerly known as ROHN Industries, Inc., which operated as a manufacturer and installer of telecommunications infrastructure equipment for the wireless industry. Its products were used in cellular, PCS, radio, and television broadcast markets. Subsequent to the filing of voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code, ROHN changed its name to Frankfort Tower Industries, Inc. in December 2003, which sold substantially all of its operating assets to Radian Communication Services Corporation in February 2004. Frankfort was founded in 1918 and is based in Frankfort, Indiana. On September 16, 2003, ROHN Industries, Inc filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Court for the Southern District of Indiana. The plan was later approved as Chapter 11 liquidation on November 23, 2004.
Chat real-time with other investors about this LYJN news release, by clicking this link: http://www.stockwire.com/LYJN
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=LYJN
LYRIC JEANS, INC. (OTC: LYJN)
Lyric Jeans, Inc. closed at $ 0.12 Friday, trading 770,698 shares
Company News- June 29, 2007: Lyric Jeans Inc. Corporate Update
Lyric Jeans, Inc., is pleased to provide its shareholders with a corporate update reviewing the company's progress and objectives in the coming months.
Lyric Jeans, Inc.
-- Is in the process of engaging an independent auditor in order to provide complete audited financial information for its shareholders with the goal of becoming a fully reporting company.
-- Is currently working on its Spring 2008 "Lyric Culture: Fever Collection" inspired by music of the disco era and will premiere the designs at the Project Global tradeshow in Las Vegas, August 27-29, 2007.
-- Has retained Adwil Agency to build out its web site with many new features including a store locater, video, press clippings and more.
-- Is currently filling orders and deliveries for June 30, July 30 and August 30, which will include tees, hoodies, jeans, belts and leather jackets.
Since the presentation of the Lyric Culture: Revolution Collection runway show featuring Fergie, the company has garnered significant press coverage including:
-- The May 11th episode of "Access Hollywood," "Extra" and "E! Entertainment News" -- The May 28, 2007 issue of People Magazine -- The May 28, 2007 issue of OK! Magazine -- The June 2007 issue of InStyle Magazine -- The June 2007 issue of Stuff Magazine -- The June 8, 2007 issue of The Wall Street Journal -- The June 8, 2007 issue of LA Weekly -- The June 18, 2007 episode of "Your L.A." on KNBC featuring a 7-minute profile on the company.
-- A 6-page editorial spread in Savoir Magazine distributed in the first- class cabin on Air France and airport VIP salons connected to the Star Alliance including Air Canada, United, US Airways, Singapore Air and more.
-- The July 2007 issue of Angeleno Magazine
The continued media coverage has spawned an increase in on-line orders, new accounts and re-orders from existing accounts.
About Lyric Jeans (OTC: LYJN)
Lyric Jeans is a music-driven apparel company involving lyrical content on jeans, denim wear and accessories. Each item reflects the song through its design. As the innovator and manufacturer of groundbreaking fashion, Lyric Jeans employs a cutting-edge design strategy which allows the wearer to express themselves through the words of their favorite song -- a modern twist to wearing your heart on your sleeve (and pant leg)! The company currently produces Lyric Culture, a premium rock n' roll apparel and accessories line distributed through Saks Fifth Avenue and other specialty boutiques around the country such as Lisa Kline, Tootsies, Hard Rock and more.
Chat real-time with other investors about this SHCAY news release, by clicking this link: http://www.stockwire.com/SHCAY
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=SHCAY
SHARP CORP. (OTC: SHCAY)
Sharp Corp. closed at $19.00 Friday, trading 100,099 shares
Company News- July 02, 2007: German Solar Cell Battery Maker To Enter Japanese Market
With demand for solar power generation growing as a renewable energy source that curbs global warming, Germany's Q-Cells AG, the world's No. 2 maker of solar batteries, will enter the Japanese market.
In a market where Sharp Corp. and other competitors are racing to promote their products, the German firm will sell photovoltaic cells, the core part of solar battery systems, to module makers.
In late June, Q-Cells opened a branch in Tokyo - its third Asian base after the one in Hong Kong, which acts as the headquarters for the Asian region, and another in Hangzhou, China - becoming the first German manufacturer of solar cells to compete in Japan.
Germany is the world leader in the use of solar batteries.
The fast pace of growth in the global solar cell market has resulted in a tighter supply of silicon and other materials used to make the batteries.
Q-Cells hopes that establishing a foothold in Japan will help deepen its ties with local firms in procurement and the development of next-generation technology, including thin-film solar cells.
About Sharp Corp. (OTC: SHCAY) Sharp Corp. and its subsidiaries are engaged in the manufacture and sale of consumer/information products and electronic components. Co.'s principal business segments are electronics equipment and electronics parts. Co.'s products include LCD color TVs, high vision TVsl color TVs, TV/VCR combos, DVD players, MD players, CD players, refrigerators, microwaves, air-conditioners, washers, vacuum cleaners, oil heaters, electric heaters, facsimiles, telephones, mobile phones, PHSs, personal computers, mobile communicatiobs handsets, POS system equipment, electronic dictionary, calculators, EL display modules, LEDs, CCD/CMOS imagers, analog ICs, and hologram lasers. More information on the company can be found at: http://www.sharp-world.com
Chat real-time with other investors about this AWRCF news release, by clicking this link: http://www.stockwire.com/AWRCF
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=AWRCF
ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED (OTC: AWRCF)
Asia Pacific Wire & Cable Corporation Limited closed at $5.00 Friday, up 41%, trading 52,530 shares
Company News- June 29, 2007: Asia Pacific Wire & Cable Announces the Settlement of All Shareholder Disputes, New Investor Becomes 20% Shareholder Asia Pacific Wire & Cable Corporation Limited (the "Company") announced that it entered into a comprehensive settlement and release agreement with Sino-JP Fund Co., Ltd. ("Sino-JP"), which dismissed and released all claims between the parties and which will put an end to all related litigation. The 55% majority shareholder of the Company, Pacific Electric Wire and Cable Corporation ("PEWC") also entered into a similar settlement and release agreement with Sino-JP that will terminate all disputes and litigation between those parties.
SOF Investments, L.P. ("SOF"), a Delaware limited partnership controlled by MSD Capital, L.P., acquired the 2,766,154 shares of the Company previously held by Sino-JP and entered into a shareholders' agreement with the Company and PEWC. The shares acquired by SOF constitute 20% of the issued and outstanding shares of the Company.
As part of the transaction, three Directors designated by Sino-JP tendered their resignations; the Board appointed Mr. David Sun and Mr. Andy Cheng to fill two of those vacancies. At a Directors' meeting, the Chairman noted the benefits accruing to the Company from this series of transactions, including that it allows the Company and its management to focus fully on developing the Company's business and the enhancement of shareholder value. The Company intends to make plans for a shareholders meeting as soon as practicable and to seek shareholder approval to engage auditors to undertake audits of past fiscal years for which audited financial statements are not available.
About Asia Pacific Wire & Cable (OTC: AWRCF)
Asia Pacific Wire & Cable Corporation is a leading manufacturer of wire and cable products for the telecommunications and power industries in selected markets in the Asia Pacific Region.
As a trader, a very intelligent place to put your money, is where the money is flowing into. These are the kind of trades that you want to get into.
As the saying goes...follow the money!
To see the complete Movers & Shakers Blog go to: http://www.stockwire.com .
About Stockwire: Stockwire is a company that is pioneering a new way to research companies before you invest them. It's called a Stockumentary. A Stockumentary is a documentary on a publicly traded company. Imagine a Dateline NBC segment, but on a publicly traded company. We are the first company to ever bring this type of quality research to investors in this format.
The Stockumentary has video interviews with management, product demos, video tours of office or factory, research reports, sec filings and much more. All of this is delivered to investors in high quality video, either by mail or email.
Stockwire.com is owned by Stockwire Research Group Inc. (SRGI) and is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies.
As detailed below, this publication accepts compensation from some of the companies from which it features. To the degrees listed herein, this Newsletter should not be regarded as an independent publication. All statements and expressions are the sole opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company in the Newsletter is neither an offer nor solicitation to buy or sell any securities mentioned.
While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein.
We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at www.sec.gov and/or the National Association of Securities Dealers ("NASD") at www.nasd.com. The NASD has published information on how to invest carefully at its web site.
Readers can review all public filings by companies at the SEC's EDGAR page. www.sec.gov/edgar.shtml
Stockwire.com is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. Stockwire.com is not a registered investment advisor or broker-dealer. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible.
From time to time SRGI sells shares in the open market it receives as compensation for coverage of client companies. Since the shares are received as compensation for services as previously disclosed, and not for investment purposes, the editors do not view the sale of the shares as contradictory to any advice delivered in the content. This should be viewed as a conflict of interest by shareholders or prospective shareholders of the client companies.
Moreover, as detailed below, this publication accepts compensation from third party consultants and/or companies which it features on Stockwire.com. Likewise, Stockwire.com is owned by Stockwire Research Group Inc. (SRGI). To the degrees enumerated herein, this newsletter and website should not be regarded as an independent publication.
All statements and expressions are the sole opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company on Stockwire.com is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein.
The editor, members of the editor's family, and/or entities with which the editor is affiliated aside from Stockwire Research Group Inc. (SRGI) itself, are forbidden by company policy to own, buy, sell or otherwise trade stock for their own benefit in the companies who appear in the publication unless specifically disclosed in the newsletter.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF STOCKWIRE.COM.
We often accept restricted shares of company stock; by SEC regulations, restricted shares cannot be sold into the market for a period of at least one year from the time that the shares are issued. In such cases, we detail in the Disclaimer the specific term of any restrictions. We also receive compensation in the form of stock options, in which case we receive the right to buy shares of the stock of the company at issue, at a specified time and a specified price. In such circumstances, we specify on our Disclaimer the terms of the options received. On occasion, we also accept free-trading shares in a company that we cover. However, by policy we generally do not buy or sell any shares of a company's stock within three trading days after any such company's profile, commentary, or other company-specific information is disseminated on Stockwire.com Web site. In cases where we do trade within the three day window, our volume will never represent more than 5% of the daily volume, thereby minimizing any effect we could have on the potential price movement.
While our policies as detailed above are designed to minimize any impact upon our members of a conflict of interest between our company and our members, each member should be fully aware that such potential and actual conflicts of interest may well exist due to the compensation structure detailed herein. For this reason, and because the information contained on Stockwire.com is updated on a regular basis as circumstances change, each member is strongly encouraged to periodically review the Profile Compensation section at http://www.stockwire.com/disclaimer_profiles.htm
