Dallas, TX 11/7/2007 1:46:14 PM
Beacon Equity Research reports on the OTC and OTCBB Trade Leaders: Devine Entertainment Corporation (OTCBB: DVNNF), GoldSpring, Inc. (OTCBB: GSPG), Atlantis Technology Group (OTCBB: ATNOD), Sweet Success Enterprises (OTCBB: SWTS) and eFoodSafety. ...
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Devine Entertainment Corporation (OTCBB: DVNNF)
Up 44.23% on Tuesday
Detailed quote: http://beaconequityresearch.com/DVNNF
November 06, 2007 - Devine Entertainment Unveils New Corporate Website as Company Executes High-Growth Business Initiatives in Worldwide Film and Television Industry
Devine Entertainment Corporation (OTCBB:DVNNF), seeking to capitalize on the burgeoning global demand for high quality film and television content, has announced the debut of a newly designed and engineered corporate website to better enable sales of the Company's award-winning film and television content, and to provide updated information about strategic initiatives and business achievements.
The new website will provide information about Devine's library of original films and television programming, which include internationally acclaimed franchises targeting the children's and family entertainment markets, as well as its prime-time films and programming. Devine recently announced an updated valuation of its proprietary film and television library, estimating the asset value at $10 million, or $.20-$.25 per share.
The new website design includes sections about the Company's film, television, and online sales. It also includes a section for investor information.
"This newly designed website reflects Devine's continued growth as we increase sales in the United States, Canada and throughout the world," said David Devine, Chief Executive Officer of Devine Entertainment. "In addition, we are continuing to build our production pipeline through production and distribution partnerships with some of the entertainment industry's most respected companies."
To visit the Devine Entertainment website, or paste http://www.devine-ent.com into your browser.
GoldSpring, Inc. (OTCBB: GSPG)
Up 29.03% on Tuesday
Detailed quote: http://beaconequityresearch.com/GSPG
November 06, 2007 - GoldSpring, Inc. Announces Additions to Its Comstock Lode Team
GoldSpring, Inc. (OTC Bulletin Board: GSPG) announced today the appointment of Dwight Juras, PH.D in Geology, and Mike Norrad, Graduate of the Colorado School of Mines, to its consulting team to assist in the development of its project in the Comstock Lode district. Mr. Juras has over 30 years of diverse experience in structural ore control and geological surveying and mapping of vein systems. Mr. Norrad has more than 30 years of experience in developing engineering data base management, technical graphics, geostatistics, and numeric analysis software for the mining industry. For the last 24 years, Mike has served as President of Techbase International, Ltd., where he developed the widely-used Techbase software system for mining companies.
Company COO, James Golden, stated, "These two professionals are well known industry experts with established mining history in the Comstock Lode region. Their initial responsibilities will be to review the geological data developed by our team over the last several months, assist with our drilling program and to integrate the findings into our mine plan we have been developing during 2007. We continue to identify other professionals with specific skills to strengthen our team."
The Company spent most of 2007 analyzing geological data, developing geological mapping, planning developmental and exploration drilling and developing a comprehensive mine plan. These steps were taken to improve the Company's overall mining, milling and processing procedures. The Company anticipates the drilling program to commence in the short term, subject to its ability to raise adequate capital. Mining and milling activities should resume immediately following the completion of the mine plan, upon receipt of adequate financing.
Atlantis Technology Group (OTCBB: ATNOD)
Up 18.64% on Tuesday
Detailed quote: http://beaconequityresearch.com/ATNOD
November 06, 2007 - Atlantis Technology Group Announces Funding Commitment for Its Energy Division
Atlantis Technology Group (OTCBB: ATNOD) announced today it has earmarked up to $10 million in the form of preferred and common company stock to assist with financing the development of the company's pipeline of rough fuel source candidates contained within energy division Atlantis Energy Corporation.
Atlantis' commitment of up to $10 million is in the form of Atlantis Technology Group preferred and common stock. This commitment will allow the energy division to enter into contracts for rough alternative and renewable fuel sources from companies worldwide, with the approval of the Atlantis Technology Group Board of Directors.
The availability of the $10 million in preferred and common stock is subject to quarterly review based upon the achievement of specific milestones associated with the development of the company's alternative and renewable energy source candidates.
The Board of Directors has agreed to grant Atlantis Energy this funding commitment in the coming year to secure contracts, both domestic and cross-border, with the identified rough fuel sources, situated in geographic locales that include but are not limited to the continental United States, Canada, Alaska, Mexico, Brazil, Venezuela, South Africa, India, China, Thailand, Russia, Kazakhstan, Uzbekistan, and Georgia.
Tim DeHerrara, president of Atlantis Technology Group, stated: "This commitment satisfies Atlantis Energy Company's needs for capital and will allow us to exploit several identified rough fuel sources in the very near future. Our first goal was to allow Atlantis Technology Group to develop existing identified alternative and renewable fuel sources with minimal dilution to our current shareholders."
Sweet Success Enterprises (OTCBB: SWTS)
Up 14.29% on Tuesday
Detailed quote: http://beaconequityresearch.com/SWTS
November 06, 2007 - Sweet Success Preliminary Financials Indicate a Profit of $2.3 Million for the Third Quarter That Ended September 30, 2007
Sweet Success Enterprises (OTCBB:SWTS), the maker of GlucaSafe which supports healthy glucose levels and a line of innovative and delicious healthy-lifestyle beverages, announced today that preliminary results indicate that Sweet Success will report a profit for the third quarter of approximately $2.3 million due to accounting adjustments.
"The profit was the result of market activities that affected the price of our outstanding derivatives," said William Gallagher, Sweet Success CEO. "After a closer look we have improved our bottom line on a cash basis and actual estimated cash loss for the third quarter of $163,008 for the September 30th quarter versus $301,502 at the second quarter and $644,807 in the first quarter. This indicates our cost structure is the right size now and is positioned to be leveraged as we generate the higher sales primarily from the recent rollout to the large chain through their northern U.S. outlets," added Gallagher.
eFoodSafety.com, Inc. (OTCBB: EFSF)
Up 12.77% on Tuesday
Detailed quote: http://beaconequityresearch.com/EFSF
November 06, 2007 - eFoodSafety Appoints CPG Focus Consulting to Lead Distribution of New Immune Boost Bar(TM)
eFoodSafety.com, Inc.'s (OTCBB:EFSF) today announced that CPG Focus Consulting of Richmond, Virginia has been appointed to lead the sales and marketing efforts behind the company's new Immune Boost Bar(TM) in a national campaign targeting all classes of trade including grocery chains, mass market, convenience, drug, natural food and club stores.
The Immune Boost Bar(TM) is a delicious and comprehensive multi-nutrient product helping fortify the body's immune system. The product contains Citroxin, eFoodSafety's proprietary all-natural supplement proven effective in fighting several types of harmful bacteria. In addition, Immune Boost Bars contain forty active compounds that assist with enhancing immunity, detoxification, cleansing, and metabolic efficiency.
The principals of CPG Focus Consulting bring many years of consumer product goods experience across the aisles with number-one brands such as PowerBar, Birdseye, Stouffer, Toll House, Edge, and Windex. The company boasts over 15 years of experience in nutritional bar sales and marketing.
CPG Focus Consulting CEO Doreen Swartz stated, "When the opportunity was presented to us to represent the Immune Boost Bar, we immediately understood the product's potential huge upside potential in today's current nutritional bar category. This is the boost the category needs at this time. We strongly believe the features and benefits of this product will appeal to all segments of current consumers of nutritional bars as well as bring new users to the category." Swartz further stated, "Our intimate knowledge of key accounts across all channels of trade give us a distinct advantage in getting mass distribution of the product and achieving the speed to shelf goals that our clients desire in today's market. We are very excited to be involved with the project and are ready to hit the ground running."
CPG Focus Consulting CFO Kristy Seaton stated, "Based on our experience from our many years within the nutritional bar industry, we believe we can generate at least $5 million in revenue the first year and the upside from there will be tremendous. We have been involved with other bar brands that now generate in excess of $100 million per year in revenue and we believe this product brand has similar potential."
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