Dallas, TX 11/10/2007 2:52:03 AM
OTCPicks.com Daily Market Movers Digest Midday Report for November 9th SDVI, ETLC, WWEI, MHII
Our Stocks to Watch today include Signature Devices, Inc. (OTC: SDVI), Etelcharge.com (OTCBB: ETLC), Welwind Energy International Corp. (OTCBB: WWEI), Marshall Holdings International, Inc. (OTCBB: MHII)
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SIGNATURE DEVICES (OTC: SDVI)
"Up 9.89% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SDVI.php
Company Profile:
http://www.otcpicks.com/signature-devices/signature-devices.htm
Signature Devices, Inc. engages in the development, manufacture, and sale of information technology products in the United States. The company creates, develops, and publishes 3-D interactive games for consoles and personal computers. It also publishes software for video games and commercial products. The company publishes games for consoles, such as GBA, XBox360, and Playstation. In addition, the company provides consulting for information technology, including computer systems, software, and electronic products. It offers a platform for hardware, embedded systems development, and image generation technology, which can be used in films, videogames, and the military. Further, the company develops customized 3D identities, including lighting, shading, artificial intelligence, and animation systems. Signature Devices was founded in 2002 and is headquartered in Redwood City, California.
SDVI News:
November 9 - MoneyTV Interviews Signature Devices CEO Kenneth Hurley
MoneyTV (www.moneytv.net), the nationally syndicated television program featuring informative interviews by hosts Donald Baillargeon and Skip Lindeman with company CEOs, will feature Signature Devices, Inc. (OTC: SDVI) CEO Kenneth Hurley.
Hurley spoke of the burgeoning video game industry the company is doing business in, announced new games in beta soon to be released and updated progress towards the company upgrading their stock listing to the Bulletin Board Exchange.
ETELCHARGE.COM INC (OTCBB: ETLC)
"Up 5.88% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ETLC.php
View Profile: http://www.otcpicks.com/etelcharge.com/etelcharge.htm
Etelcharge.com (OTCBB: ETLC), the first Web 2.0 online payment system, provides online shoppers the ability to charge approved transactions to their telephone bill. While addressing the concerns online shoppers have about identity fraud and identity theft, the Etelcharge payment option is also a perfect match for the millions of individuals without a credit card, or even a bank account. For more information, go to www.etelcharge.com.
ETLC News:
November 8 - Etelcharge Enters Payment Services Agreement With Elite Force
Company Enters Consumer Electronics Installation and Support Industry With Nationally Expanding Leader and Meets With Senior Management as Netflix, Real Networks, CinemaNow, UniVision and Movielink
Etelcharge.com, Inc. (OTCBB: ETLC), the new online way to pay(TM), today announced that the Company has signed an agreement with Elite Force, of Falls Church, VA, the successor to Tech Force One and one of the top independent providers in the multi-billion dollar PC and consumer electronics installation and support industry.
John Todd, Senior Vice President of Business Development, stated, "I am pleased to report that Etelcharge has signed a payment services agreement with one of the country's top electronics installation and PC repair companies. Elite Force, with 200 locations today and expanding to 1,000 locations in 2008, is similar to Fire Dog and Geek Squad, in that they install high-end multimedia systems and networks in homes, as well as providing the full array of support services for consumer electronics and PCs. Etelcharge members will be able to pay for Elite Force services using their Etelcharge membership. We expect this program to come online for our members in early 2008."
John Todd concurrently announced that during his recent trip to California attending the Digital Hollywood Show, he engaged in substantive talks with a select group of elite players in the digital music and movie downloads space including Netflix, Real Networks (Rhapsody), CinemaNow, UniVision, and Movielink.
"I was able to successfully establish the huge importance of our target customer to their continued growth. Reinforcing to the executive management teams of these companies that Etelcharge not only brings a unique and enticing Web 2.0 payment system but also brings a whole new set of new customers, that is growing by the day, who will be spending new money with them that they are not getting today. The impact to their bottom line garnered exceptional levels of interest," Todd concluded.
WELWIND ENERGY INTERNATIONAL (OTCBB: WWEI)
"Up 15.79% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/WWEI.php
Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations. Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.
WWEI News:
November 9 - Welwind Energy International Receives Letter of Interest to Finance the Company's Zhanjiang Windfarm
Welwind Energy International Corp. (OTCBB: WWEI) (the “Company”) announced that it has received a letter of interest from Acterra Group to fund Phase I of the company's Zhanjiang Windfarm project. Phase I consists of 65 turbines at 1.2-1.5 million per turbine. This commitment will be up to, but not limited to, $75 million.
“We are very pleased at obtaining this letter of interest as it is one of the final steps required by the local power authority in obtaining our PPA,” said Mr. Shannon de Delley, Director of Welwind. “Clearly, obtaining financing without further dilution in shareholder stock positions is best for all and financing of this magnitude will propel this company as a major player in the alternative energy market,” he added.
Acterra is quite comfortable that financing of the project will be completed once a PPA is in place along with necessary EPC and other standard requirements. Acterra will assist in this process by providing access to project finance legal counsel in preparing such contracts.
“We have been working and negotiating with several finance groups for our two projects and the various phases of development for each – we are quite pleased in moving forward with Acterra Group,” said Tammy McNabb, CEO of Welwind. “There are multiple steps in obtaining a PPA and we would like to thank our shareholders for their patience and their confidence in management's ability in getting the company to this very exciting point. We anticipate financing and build out of Phase I within the first quarter of 2008.”
ABOUT ACTERRA GROUP
For nearly 50 years the people of the Acterra Group have been providing services and support to energy, natural resource, and sustainability companies. From project inception through completion they assist in all areas.
The staff of the Acterra Group is actively working to support the renewable energy market. They deliver services in a number of different ways, each dependent upon the needs and expertise of the clients.
Acterra brings a complete understanding of all project aspects to the management of renewable energy projects thorough technical understanding, construction capabilities, operational talent as well as the underlying financial and management skills necessary for complex programs and comprehensive projects.
MARSHALL HOLDINGS INTERNATIONAL (OTCBB: MHII)
"Up 10.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MHII.php
Marshall Holdings International, Inc., together with its subsidiaries, engages in the marketing and distribution of nutritional and health products in the United States, Canada, Russia, and Indonesia. It distributes vitamins, nutritional supplements, whole health foods, and skin care products. The company's nutritional/health products comprise Body Gard with Lactoferrin; Femme; Fulvic Factor; Lifetonic; LifeZymePlus; Master Formula powder and capsules; Natural Immunity; New Life Corrective A, B, and C; Superfood powder and capsules; and Vibrant 9 skin care products. It also distributes a line of teas, herbs, minerals, homeopathic remedies, natural cosmetics, skin care, pet care, cold and wellness products, and weight management products. In addition, the company owns an ecommerce platform that facilitates online sales of products through Websites. Marshall Holdings distributes its products through a network of independent distributors to the retail customers. The company, formerly known as Gateway Distributors, Ltd., was founded in 1993 and is based in North Las Vegas, Nevada.
MHII News:
November 9 - Marshall Holdings Announces Two Million Dollar Funding Agreement
Marshall Holdings International, Inc. (OTCBB: MHII) announced that it has come to terms with CAMOFI Master LDC (“Secured Party”), D. L. Claire Capital, Inc., a Delaware corporation with its principal business address at 60 East 42nd Street, Suite 3405, New York, New York 10165 to attain funding for the continued expansion of it product line and sales. The funding is for up to two million dollars which will be in phases based on performance. The initial phase has been approved and processed for $650,000.
Rick Bailey, President / CEO, said, “This allows us to expand our business both in the USA and globally. We have signed contracts to introduce our products to several countries and signed agreements to feature our products on global websites. It will definitely strengthen our position in our industry and allow growth to take place. The Company also has extended its contract agreement with PT. Mahakam Beta Farma for an additional three years and will triple our sales of our product Body Gard. In addition, PT. Mahakam Farma has completed Clinical trials on Body Gard.”
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