The Traders Daily Report: (OTCBB: SPKL), (OTCBB: ABAT), (OTCBB: XSNX) and (NYSE: PWI) .
If you enjoy investing in the restaurant sector or if you just enjoy eating good food, then you will want to watch the Spicy Pickle Stockumentary™, located at www.stockwire.com .
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Spicy Pickle Franchising Inc. (OTCBB: SPKL)
On Sunday, September 23, 2007, The Stockwire Group released the much anticipated Spicy Pickle Stockumentary to rave reviews.
Spicy Pickle is one of
In short, the company has grown from twenty franchises to nearly one hundred in two short years, with plenty of upside to come. The company is also led by a man named Marc Geman, who is the same CEO who bought the Pretzel Maker franchise and built it from seven stores to 250 and then sold it to Misses Fields Cookies in 1998.
COMPANY NEWS:
Spicy Pickle(R) fast casual restaurants (OTC Bulletin Board: SPKL) today announced the commencement of public trading for its common stock on the Over The Counter Bulletin Board (OTC BB) quotation medium. The company completed its own self underwritten Initial Public Offering, and the stock recently opened for trading.
Empire Financial Group Inc. (http://www.empirefinancialgroup.com) of
Spicy Pickle, a fast casual franchise concept, has been experiencing significant growth. To date there are 26 units open in nine different states. The restaurants differentiate themselves through a culinary-inspired menu of panini, sub sandwiches, Pizzetti Neapolitan thin-crust pizzas, salads, soups and other items, served in a casual neighborhood setting. Spicy Pickle also offers a range of catering and takeout services.
"Spicy Pickle's IPO is an appropriate step at this point in time, given the company's growth curve and success to date," said Marc Geman, President and CEO of Spicy Pickle Inc. "Since our inception in 1999, Spicy Pickle has evolved from a one-store operation in Denver to a chain of restaurants known from coast to coast for its fresh, healthy and innovative approach to lunch and dinner. The capital raised through our public offering will help maintain this unique positioning. We chose to go public at this time to allow investor participation and more efficient access to financing sources as we seek appropriate sources of capital to fuel our growth."
By the end of 2007, Spicy Pickle anticipates opening approximately 14 more units, bringing its network to 40 restaurants in 13 states. Nearly 50 franchise development agreements have also been signed.
In addition to its franchise activity, Spicy Pickle currently has a breakfast menu in test, potentially opening a new daypart for the chain. The company is also in the process of building a major commissary in
To view this incredible Stockumentary™, visit: www.stockwire.com .
About Spicy Pickle Franchising Inc.
Spicy Pickle restaurants serve high quality meats and fine Italian artisan breads, along with a wide choice of ten different cheeses, twenty-one different toppings, and fifteen proprietary spreads to create healthy and delicious panini and sub sandwiches with flavors from around the world. There are over 150,000 delicious sandwich combinations for you to create, along with eight specialty panini sandwiches that have become favorites of our customers. We also boast the world’s best spicy pickle. Spicy Pickle serves the fast growing “fast casual” market where customers demand more than “fast food,” but without the price point of “casual dining”. The hallmark of a Spicy Pickle restaurant is quality, service and an enjoyable atmosphere. Order at the counter, take a seat, enjoy the fun and relaxed atmosphere, and let the staff do what they do best, service.
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Advanced Battery Technologies, Inc. (OTCBB: ABAT) up 1.4% on 341,000 shares traded.
Advanced Battery Technologies develops, manufactures, and distributes rechargeable PLI battery cells using lithium cobalt oxide anodes to overcome many of the shortcomings associated with other types of rechargeable batteries. ABAT develops PLI battery cells for use in electric vehicles, mine lamps, and consumer electronics, including cellular telephones, laptop computers, and digital cameras. On Sept. 24th 2007, the company announced that it has entered into a contract with Wuxi Angell Autocycle Co., Ltd. to produce $4.6 million worth of polymer lithium-ion battery sets. Wuxi Angell Autocycle Co., Ltd. manufactures motorized vehicles, including e-bikes, ATVs, scooters, pocket bikes, dirt bikes, go-karts, snow scooters, and sea scooters, for domestic and overseas markets. Advanced Battery Technologies, Inc. develops, manufactures and distributes rechargeable polymer lithium-ion (PLI) battery cells.
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XsunX, Inc. (OTCBB: XSNX) up 6.4% on 1 million shares traded.
XsunX is developing and commercializing innovative new thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes to service expanding global energy demands. The Company has made plans to build a multi-megawatt solar module production facility in the
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PrimeWest Energy Trust (NYSE: PWI) up 0.4% on 11.5 million shares traded.
PrimeWest is a Calgary-based conventional oil and gas royalty trust that actively acquires, develops, produces and sells natural gas, crude oil and natural gas liquids for the generation of monthly cash distributions to Unitholders. On Sept. 24th 2007, the company was pleased to announce that it has entered into an agreement (the "Arrangement Agreement") with 1350849 Alberta Ltd. ("Purchaser") and TAQA North Ltd. ("TAQA North"), both of which are wholly-owned subsidiaries of Abu Dhabi National Energy Company PJSC ("TAQA"). The Arrangement Agreement provides for the acquisition by Purchaser of all of the issued and outstanding trust units of PrimeWest (the "Units") and all of the issued and outstanding exchangeable shares (the "Exchangeable Shares") of PrimeWest Energy Inc. for a cash consideration of C$26.75 per Unit, all pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). The cash consideration payable for the Exchangeable Shares will be calculated on the basis of the exchange ratio in effect at the time the transaction is completed.
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