Austin, TX 10/18/2007 11:06:48 PM
Speak with other shareholders about: (OTCBB: SOYO), (OTCBB:TRBY), (OTC:PGPM), (OTCBB:WSCE), (OTCBB:NMKT)
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October 18 SOYO Inc. (OTCBB:SOYO), an innovative provider of computer and consumer electronics products, announced today that their Freestyler(tm) 600 Bluetooth Headset has received a very favorable review from Benchmarkreviews.com. The Freestyler(tm) 600 received an 8.0 for Presentation, an 8.25 for Appearance, an 8.5 for Construction, a 7.5 for Functionality, a 9.0 for Value and an overall rating of 8.25 out of 10. The review states, "SOYO presents their new product as a basic, easy to use Bluetooth solution for use with any cell phone. Their new Freestyler(tm) 600 is well constructed, and from a style point of view is relatively small. The unit is easy to setup, and pairs with any Bluetooth enabled cell phone. Still above every thing else, most would consider sound quality to be the most important feature of a hands-free device. SOYO's FreeStyler(tm) 600 has adequate sound quality when both speaking and listening during conversation. A hands-free device can make things a lot easier when using your cell phone, and if you're driving, it is fast becoming the law in many states that you must use a hands-free device when talking on your cell phone. SOYO's Freestyler(tm) 600 Bluetooth is a solid product that fits almost any budget." Edward O'Brien, Director of Marketing said, "The Freestyler(tm) 600 features the latest Bluetooth 2.0 Technology with enhanced data rate (EDR), the new technology has greatly improved the sound quality which offers users a better Bluetooth experience. We are very pleased with the review we received from Benchmarkreviews.com, and are hoping for further success with this product." To see the review in its entirety please visit: http://benchmarkreviews.com/index.php?option=com_content&task=view&id=78&Itemid=47.
Stock Price: 1.37, -11.04% on 257,472 shares traded
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October 18 CC Worldwide, a registered DBA of Torbay Holdings, Inc. (OTC BB: TRBY) announced today that the firm began operations with the opening of four Italian retail stores in September, 2007. According to Alfred Settino, President of ICC Italy (a subsidiary of ICC Worldwide), "The opening of these stores represents a major milestone for ICC. They constitute our first steps in the development of a major new venture which ICC is establishing in Italy. This business is focused on serving the specialized needs of the country's 3.5 million immigrant worker population." ICC delivers a broad range of specialized products and services to the well established immigrant worker community in Italy.
New Store Locations: Two of ICC's new stores are located in Ravenna, a city in the Emilia-Romagna Region of Italy. The other two are in the cities of Trescore and Calcinate, both of which are in the Northern Region of Lombardy. In conjunction with the opening of these retail sites, ICC Italy has also established its headquarters operations in the city of Mantova, also in the Lombardy Region. ICC's Business Strategy: Settino went on to say, "These four sites are the first in a series of planned company-owned anchor store' openings. Over time, our strategy calls for ICC to open a number of these showcase regional sites throughout Italy. The anchor stores will in turn, attract and support a large network of considerably smaller, independently-owned satellite' stores. These satellite stores exist today within the thousands of diverse local ethnic neighborhoods throughout Italy. ICC will sell to the satellite stores (on a wholesale basis) the same broad range of products and services which are available in our showcase anchor stores. We will also support the satellite stores with contemporary merchandizing and marketing programs, financial assistance and highly efficient restocking of inventory from our regional warehouses. With a well-established network that numbers more than 4,000 independently-owned satellite stores across Italy, our potential for rapid growth of the wholesale distribution component of ICC's new business is remarkable." Initial Revenue: Rich Lauer, ICC Worldwide's President & CEO also commented, "With the opening of these stores, our firm is now generating initial sales. ICC will therefore be reporting revenue from these operations in our upcoming 10-Q filing for the third quarter. It should be noted however, that the new ICC stores were only operational for a brief period in late September-at the very end of the quarter. Consequently, the revenue we report in this regard will be modest."
Immigrant Workers: With more than 30 million immigrant workers living in Western Europe today, ICC's market is: 1) huge, 2) rapidly growing, and 3) underserved. The Italian immigrant worker market alone numbers more than 3.5 million individuals. Principally from India, Pakistan, Morocco, Senegal, Nigeria, and certain Eastern European countries; these workers provide much needed labor to the business sectors of agriculture & manufacturing, as well as service industries such as hotels, restaurants, etc. Typically these workers are young, male and long-term residents of their adopted countries. They are also legal and fully documented. Given the pro-labor regulatory environment and mandated wages prevalent in most Western European countries today, the immigrant workers have surprising incomes. Furthermore, due to the constantly aging nature of the native Italian (and overall European) population, the immigrant worker community has become an integral, critical, and rapidly growing component (CAGR 28%) of the overall Italian economy.
Stock Price: 0.01, Up 0.00% on 0 shares traded
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October 17 Pilgrim Petroleum Corporation (OTC: PGPM) (FWB: PHV) today announced they signed a Letter of Intent ("LOI") to purchase 100% Working Interest and royalty interest in Sutton Farm Project located in Wichita County, Texas, covering approximately 146.7 acres, and situated along the eastern edge of the West (KMA) field, which has produced millions of barrels of oil from the KMA sand at 4,200' since the 1940s. The interest in the Sutton Farm Project is generated by two deep penetrations in the West field that yielded commercial oil from deeper horizons. The Wichita Homestead #6 has yielded 33,000 barrels of oil from the Ellenburger at 5,330' and the Beverly Drive #1 has produced 47,000 barrels of oil from the Atokan Conglomerate at 5,280'. Both wells are still actively producing oil economically today. The Letter of Intent includes provisions whereby the two parties will use their best efforts to move forward to negotiate, execute, and deliver a definitive purchase & sale agreement within 30-45 days from the signing of the LOI. Additional information will be forthcoming as it becomes available.
Stock Price: 0.007, Up 0.00% on 1,109,000 shares traded
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October 18 Wescorp Energy Inc. (OTCBB: WSCE), an oil and gas solutions company, announced today that a prototype of the VISCOSITOR, which uses patented technology to upgrade heavy oil at a rate of between 20 and 50 barrels per day, has arrived at a government operated research and testing facility in Saskatchewan, Canada in preparation for commissioning and testing. The VISCOSITOR, jointly developed in Norway by Wescorp and its partner Ellycrack AS, is a prototype designed to upgrade heavy oil to light oil on site, thus enhancing the value of the oil and reducing transportation, processing and refining costs. The technology employs low temperatures and pressures, and results in low energy input and reduced operational costs. The VISCOSITOR will undergo an extensive test schedule that includes oil upgrading, energy and material balance testing, and scalability testing from a variety of domestic and foreign heavy oil and bitumen sources. Heavy oil and bitumen samples have arrived and are being prepared for testing at the research facility. The goal of these tests is to define design and operating parameters, and assess long-term operation. The test results will also outline estimated capital costs for full scale commercial units. Wescorp chose to move the VISCOSITOR from Norway to Canada in September 2006 to enable world class heavy oil experts from Canada to study, modify and enhance the technology with the intent of rapidly commercializing it as a profitable project. During the past 13 months, Wescorp has modified and reconstructed the VISCOSITOR to comply with Canadian safety, building and environmental standards. The VISCOSITOR prototype currently meets or exceeds operating standards for heavy oil operations in North America. Prior to moving the prototype to Canada, Wescorp spent 2 years developing and testing the technology at the prestigious SINTEF research center in Trondheim, Norway. Results from multiple previous tests have shown the VISCOSITOR raised oil's API (the measurement of a hydrocarbon's density) approximately 12 degrees on average. "This is important because the higher the API, the more valuable the oil," said Wescorp President and CEO Doug Biles. "The initial average API of the oil tested was approximately 13 degrees. The produced oil API average was approximately 25 degrees. In one test, the API increase was over 16 degrees. The tests involved heavy oil and bitumen from Alberta, Canada, Venezuela and Norway." "In addition to significantly increasing the value and viscosity of heavy oil, preliminary tests have shown the VISCOSITOR also removes up to 90 percent of impurities, including heavy metals, and up to 60 percent of the sulfur content," Biles said. The VISCOSITOR process is based on atomizing oil with steam and colliding it with heated sand in a high-velocity chamber to "crack" the oil. The process requires no catalysts. It can be accomplished at low temperatures and low pressures, making it a low-cost option for upgrading heavy oil that can be installed near wellhead production sites. Wescorp's NAVIGATOR, a suite of process management services the company is marketing to its worldwide oil and gas clients, is used to manage this project helping reduce costs, save time and optimize operations of the VISCOSITOR.
Stock Price 0.45, Up 0.00% on 44,575 shares traded
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October 18 NewMarket Technology, Inc. (OTCBB: NMKT) announced today that their regional subsidiary, RKM IT Solutions (RKM), has been selected by Microsoft (NASDAQ: MSFT) as a Large Account Reseller and Enterprise Software Advisor (LAR/ESA) for Venezuela. This new partnership allows RKM to significantly extend its existing Microsoft Gold partnership to offer high volume licensing, specifically "Enterprise Agreement" (EA) and "Select" for companies with more than 250 PCs and support services to large enterprise and institutional customers. Microsoft recently completed the competitive evaluation process, selecting RKM as one of only three firms across the country to be a LAR/ESA partner. Prior to their selection to the LAR/ESA Partner program, RKM has been a Microsoft Gold Partner since 2001, winning the 2003 Microsoft Infrastructure Solution of the Year award in Venezuela. Microsoft has established the LAR/ESA channel with specialized partners that provide superior license consulting and Software Asset Management services to medium-sized and large organizations. LAR/ESA Partners significantly expand Microsoft's reach both geographically and to the rapidly growing category of Mid-Market and corporate customers.
Stock Price: 0.2551, Up 2.86% on 248,166 shares traded
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