Dallas, TX 11/14/2007 8:11:25 AM
Beacon Equity Research reports on the OTC and OTCBB Trade Leaders: Titanium Group, Ltd (OTCBB: TTNUF), Continental Energy Corporation (OTCBB CPPXF), Migo Software, Inc.(OTCBB: MIGO), UOMO Media Inc., (OTCBB: UOMO) and Portrush Petroleum Corporati ...
To sign up for our free research reports and newsletters, visit http://BeaconEquityResearch.com. For more information on our research programs, please contact: Jeff Bishop at editor@beaconequityresearch.comTitanium Group, Ltd (OTCBB: TTNUF)
Up 33.33% on Tuesday
Detailed quote: http://beaconequityresearch.com/TTNUF
November 13, 2007 - Titanium Group to Showcase Products and Technologies in Prestigious Government Seminar
Titanium Group, Ltd (OTC Bulletin Board: TTNUF), a leading biometric and security solutions provider announced today that it has been selected by the Hong Kong Government as one of the key vendors to showcase their products and technologies in the Biometric and Identity Access Management Seminar and Showcase, to be held on November 16, 2007 in Cyberport, Hong Kong.
The target audience will be officers in all fields from Government bureaus and departments who are involved or interested in this technology. The agenda includes seminars in which guest speakers are being invited to deliver their insightful views on the industry development, management issues and future trend of technologies, followed by live showcases for exhibitors to demonstrate their solutions and the Government officers to trial use. Industry players are selected under strict criteria, weighting various factors such as the applicability of their technologies and solutions for the Government, companies' advancement in the technology, companies' experience in related deployed projects and services, etc.
"We are delighted to be selected to this notable event among many applicants, I am sure our previous successful deployments in the Government sector played a vital role. This event will certainly serve to provide Titanium even greater exposure to the Government officials and key decision makers," said Jason Ma, CEO of Titanium Group Ltd. "As the usage of biometric solutions in the Government sector continue to mature, we are confident that this event will be a path way for the company's growth in next year," added Johnny Ng, Chairman of the Group.
Continental Energy Corporation (OTCBB CPPXF)
Up 33.33% on Tuesday
Detailed quote: http://beaconequityresearch.com/CPPXF
November 13, 2007 - Continental Energy Forms Joint Venture Biofuels Company
Continental Energy Corporation (OTC Bulletin Board: CPPXF) today announced that it has cofounded a new, partially-owned, special purpose, joint venture subsidiary incorporated in Delaware named Continental Biofuels Corporation ("CBC"). The Company subscribed and purchased 1,000 shares of the 2,500 issued and fully paid share capital of CBC representing a 40% stake, and largest single shareholding, in CBC.
The remaining 60% stake in CBC is held by a cofounder group of five private investors led by Casimir Capital Group LLC of New York which includes two Directors of the Company, each of whom purchased a 10% stake. The Company's CFO, Mr. James D. Eger has been appointed as the first President and CEO of CBC. During the short term the Company expects this management control to be relinquished and the Company's shareholding stake in CBC to be diluted when new investors join CBC in anticipated private or public fundings.
The Company and its management have a long track record in oil and gas exploration in remote areas of Indonesia. This experience provides contacts, knowledge of local business practices, and long standing personal relationships with Indonesian and Malaysian palm oil plantation owners and local government plantation permit providers. As a result, the Company is in a unique position to act in the role of facilitator and strengthen CBC's SE Asian operational capability and assist CBC to capitalize on palm oil plantation acquisition or development opportunities. At this time the Company does not intend to invest further working capital in CBC and expects its management role in CBC to be limited to a short term start up period. The Company views the investment in CBC as a broadening of its commercial asset base in keeping with its geographic focus on Asia, particularly Indonesia.
Migo Software, Inc.(OTCBB: MIGO)
Up 26.67% on Tuesday
Detailed quote: http://beaconequityresearch.com/MIGO
November 13, 2007 - Nokia Invites Migo Software to Join Prestigious Forum Nokia PRO Developer Program
Migo Software, Inc. (OTCBB:MIGO), a leading provider of content mobility software, announced today they have been selected to become a member of the prestigious Forum Nokia PRO, a program that provides advanced technical, business development and marketing support to selected mobile software companies.
Forum Nokia PRO provides specialized support for advanced developer companies creating the next generation of software based on the Series 40, S60 and Series 80 platforms from Nokia. A select number of companies worldwide who demonstrate industry leadership are chosen as Forum Nokia PRO members. By becoming a Forum Nokia PRO member, Migo Software is better positioned to ensure the close integration of its software with Nokia devices and benefit from Nokia's extensive worldwide software distribution channels.
"We are very excited to be invited into Nokia's prestigious Developers Forum, which is the culmination of a close working relationship that has been gaining momentum for more than a year and a half," said Johnathan Tann, senior vice president of corporate development for Migo Software. "This membership will help to accelerate the adoption of our software solutions on the largest mobile handset platform in the world."
Migo Software's range of leading content mobility and security software is currently licensed by top-tier technology OEMs, and is now being integrated into its newly announced patent-pending architecture called "Roundhouse(TM)." This new Roundhouse content mobility software platform is designed to be highly flexible and configurable for a broad set of industry sectors including: Mobile OEM's, Desktop OEM's, ISV's, Specialty Retail, Flash Memory Providers and Online Service providers. Products based on Roundhouse technology will be available in the first half of 2008.
UOMO Media Inc., (OTCBB: UOMO)
Up 25.93% on Tuesday
Detailed quote: http://beaconequityresearch.com/UOMO
November 13, 2007 - UOMO Media Inc. Appoints New CEO & Chairman
UOMO Media Inc., (OTCBB: UOMO) an entertainment company focused on the global monetization of music-based intellectual property announced today that several key milestones have been achieved in the company restructuring.
Mr. Camara Alford, a long-time music industry executive, has joined the Company as its CEO and Chairman of the Board of Directors. Mr. Alford will be responsible for the strategic direction and global operations of the Company. Mr. Alford's in-depth understanding of the creative and business aspects of the global entertainment industry fit squarely with UOMO Media's corporate strategy.
Previously, Mr. Alford was CEO and owner of his own firm, which had a label imprint venture with Sony BMG. Through this company he also managed international award winning artists and producers, delivering singles for Britney Spears, Rihanna, Canadian Idol, Robyn, Shawn Desman and many others. The relationship with SONY BMG produced gold and platinum albums. Mr. Alford's music industry experience dates back to working with Public Enemy in the 1980's. He also worked closely with Dallas Austin in building Rowdy/ Arista Records and has served as A&R for widely respected entertainment attorney Joel Katz's joint venture with RCA Records.
As part of UOMO's restructuring, one of the founding directors of the Company, Mr. Douglas McClelland, has cancelled 83,296,672 of his shares. This has reduced the number of outstanding UOMO shares to 85,000,000.
Portrush Petroleum Corporation (OTCBB: PRRPF)
Up 25.77% on Tuesday
Detailed quote: http://beaconequityresearch.com/PRRPF
November 13, 2007 - Portrush Announces Completion of Scanio-Shelton # 8
Portrush Petroleum Corporation (TSX VENTURE: PSH)(OTCBB: PRRPF) (http://www.portrushpetroleum.com) wishes to provide an update regarding its continuing operations on the Scanio/Sheldon No.8 well in the Mission River property in Texas. The well has been drilled to a total depth of 7,950 feet and a decision to complete the well has been taken. The well has encountered hydrocarbon bearing sandstones within the main target zone.
A full suite of wireline logs and 42 sidewall cores have been taken. The operator intends to perforate the upper six feet with six shots per foot of the potential production zone and place the well on production.
Preliminary results, together with an in-depth analysis of log data obtained from the well suggest that the initial production from the well will be oil and the well can be placed on production without an upgrade to the existing facilities. A final interpretation of the overall hydrocarbon column encountered, and hence estimated reservoir volumes and a full analysis of all the log data and fluid sampling recovered from the well is currently being undertaken.
The Mission River lease is operated by McAlester and is located at the south end of the town of Refugio, Refugio County, Texas. The field has multiple pays at depths ranging from 2,000 to 8,500 feet. Portrush has a 10% working interest in the field. A further announcement will be made in due course regarding the hydrocarbon types encountered and the likely size of the discovery once all the data gathered from the well has been recovered and fully evaluated. This will include initial production rates.
Drilling is on schedule at the Portrush et al No.1-Moore 5-13-III in Moore township, Lambton County, Southwestern Ontario The prospect is located on trend and mid-point between two pinnacle reef gas storage pools, Kimball Colinville and Waubuno.
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