Dallas, TX 12/4/2007 1:27:17 PM
OTCPicks.com Stocks to Watch for Tuesday, December 4th LBAS, MNHG, BUGS, TCCO, BWNR, THPW
Our Stocks to Watch tomorrow include Location Based Technologies, Inc. (OTCBB: LBAS), Millenium Holding Group, Inc. (OTC: MNHG), U.S. Microbics (OTCBB: BUGS), Technical Communications Corporation (OTCBB: TCCO), Brownstone Resources Inc. (OTC: BWNR), Thorium Power, Ltd. (OTCBB: THPW)
Visit http://www.otcpicks.com/ to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts
LOCATION BASED TECHNOLOGIES (OTCBB: LBAS)
"Up 55.00% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/LBAS.phpLocation Based Technologies is a wireless technology company developing a consumer-oriented personal locator combining GPS and existing wireless technology. Its initial product will be known as PocketFinder. The PocketFinder is being designed to give parents the ability to locate a child carrying the device through the Internet, a mobile phone, or their regular phone. The device is small, rugged, water tight, and will have application for children, elderly parents, pet parents, and for the tracking of valued personal property. For further information about the company, see http://www.locationbasedtech.com/.
LBAS News:
December 2 - Location Based Technologies Provides Information in Response to the Surprise http://www.gizmodo.com/ Article Released on November 29
Location Based Technologies, Inc. (OTCBB: LBAS) is in the final product development and engineering testing stage of the PocketFinder(tm) GPS based personal location device. PocketFinder(tm) devices are personal location devices designed to optimize the lives of parents, guardians and pet owners.
PocketFinder(tm) devices are small, rugged and water tight. It is the size of an Oreo(tm) cookie and weighs less than two ounces. The expected primary market evolved from the desire of parents to ensure the safety and well-being of their children. Secondary markets are expansive and include medical and elder care providers, campers, hikers, backpackers, adventure seekers, extreme sports enthusiasts, and pet owners.
It is not only the device's GPS and wireless technologies that differentiates the product(s) from the competition. It is also the proprietary software that transforms available technologies into an intuitive and user-friendly interface that offers greater value, capabilities, and convenience to the customer.
Since 2002, IDC research has consistently shown very high levels of consumer interest in location based services - especially in family/friend locator devices. Drawing from recent census information, there are over 37,000,000 children in the 5- to 13-year-old market segment in the United States with an additional 4,000,000 in the prime focus areas in Canada. The European Community has an additional 42,500,000 children in this primary age group. This represents a target market of more than 109,200,000 potential customers in the focus age group.
LBAS products and service will offer wireless network coverage throughout North America utilizing the largest GSM carrier network in the United States and Canada. The personal locators have the ability to operate seamlessly on the networks of 290 wireless providers in over 130 countries and to work on any GSM network in the world.
The company expects revenues to be based on the following sales and revenue sources: PocketFinder personal locator device sales from mass retailers; the PocketFinder website; and Affinity groups. Sales of device accessories and monthly re-occurring service fees and potential licensing fees will provide additional revenue.
In our ever-mobile society, it helps to know where we are and where we are going. Due to the demands of families with dual earners, and the number of single parent homes, many children are left without a parent home during the day. Parents in those situations desire the ability to know where their children are and where they are going.
Key elements of the PocketFinder include:
An attractive device retail price with a minimal basic monthly service fee to match the mass market's expectations
User-friendly web interface
Rugged design that meets the rigors of an active child
Waterproof and handles weather extremes of heat and cold
Visit http://www.locationbasedtech.com/ for more information.
MILLENIUM HOLDING GROUP (OTC: MNHG)
"Up 48.15% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/MNHG.phpMillenium Holding Group, Inc. is a publicly traded financial services and development company, which will have a portfolio of operating companies focused on providing financial product/services and developing properties. The portfolio of operating companies will include commercial (Internet) and mortgage banking, insurance, securities, and other financial services companies, as well as a real estate development company. Visit http://www.mnhginc.com/ for more information.
MNHG News:
December 3 - Millenium Holding Group Announces Stock Dividend
Millenium Holding Group, Inc. (OTC: MNHG) announced a stock dividend of 750,000 shares of Pacific First Corporation's common stock to the shareholders of the Company. Pacific First Corporation is a real estate development and full service real estate company. Millenium was engaged to assist Pacific First Corporation in achieving certain strategic objectives, consulting and performing advisory services. Compensation is the stock being distributed to the Millenium shareholders.
The record date of the stock dividend shall be December 14, 2007. Pay date of the stock dividend shall be on December 21, 2007. The majority shareholder, Richard Ham, shall opt out receiving of any and all of his share of this stock dividend. Therefore, the calculation for the stock dividend distribution shall be only for the remaining shareholders.
Beginning December 21, 2007, the 750,000 shares of Pacific First Corporation Common Stock shall be proportionately distributed to the Shareholders of record excluding the majority shareholder. The percentage shall be approximately 6.3298 percent of the number of shares held by the shareholders of record as of December 14, 2007. Any fractions thereof shall be rounded up to the next whole share.
About Pacific First Corporation (PFC)
Pacific First Corporation (http://www.pacificfirstcorp.com/) is a real estate development and full service real estate company with operations in the United States, Latin America and other locations. PFC represents the union of several strong groups with proven track records and significant accomplishments in real estate development and ancillary areas. The strength of the PFC lies in its expertise and success in real estate development, entitlement and general real estate law, construction accounting, consulting and advisory services in real estate, project management, private placement, direct debt placement and solid portfolio of development projects.
U S MICROBICS (OTCBB: BUGS)
"Up 42.86% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/BUGS.phpU.S. Microbics, Inc., through its subsidiaries, engages in the development, manufacture, and sale of engineered remediation solutions for clean up of toxic waste releases to soil and groundwater primarily in the United States. The company operates through two divisions, USM Solutions and USM Capital Group, Inc. The USM Solutions division provides proprietary microbial technologies that provide natural solutions to various environmental problems. Its microbes or ?bugs' are used to break down various hydrocarbon substances, including oil, diesel fuel, MTBE, PCE, toxic waste, and certain water and soil contamination. This division also provides civil and environmental engineering project management services, including specialists to design, permit, build, and operate environmental waste clean-up treatment systems using conventional, biological, and filtration technologies. It also involves in the bio-recycling of spent activated carbon filtration media. Further, the USM Solutions division provides ex situ treatment services using its Bio-Raptor system in conjunction with its microbial blends, providing direct technical engineering consultation. The USM Capital Group assists in the financing and development of companies primarily in environmental industry companies desiring to go public. It provides management consulting, administrative, and investor relations services to its clients. The company's technology is used in the applications of environmental, manufacturing, agricultural, and natural resource markets. U.S. Microbics markets its products and services directly to private and governmental customers, as well as through sales agents and joint venture partners. The company was incorporated in 1984 as Venture Funding Corporation and changed its name to Global Venture Funding, Inc. in 1993. Further, it changed its name to U.S. Microbics, Inc. in 1998. U.S. Microbics is headquartered in Carlsbad, California.
BUGS News:
December 3 - USM Capital to Assist San Diego Coffee, Tea & Spice in Rollup Strategy
Coffee Retailer to Go Public & Acquire Organic Roasters, Importers and More Retailers
USM Capital Group, Inc. (UCGI), the financial services subsidiary of U.S. Microbics (OTCBB: BUGS), announced that it has signed consulting agreements with San Diego Coffee, Tea & Spice, Inc. (SDCTS), for strategic consulting, public company merger, and capital fund raising plan development.. UCGI will assist SDCTS in its transformation from a private company into a public entity to access growth capital and expand its brand of eco-friendly, organic products by acquiring regional roasters, importers and retailers through a public company rollup strategy.
Conrad Nagel, CEO of USM Capital stated, "USM Capital specializes in helping developmental stage companies with proven business models and great future potential obtain the growth capital they need to meet their strategic plan. We help them develop a pre-public fund raising plan for bridge capital needs and a strategy for growth using equity capital available as a public company. We believe that San Diego Coffee, Tea & Spice has good management, a premier reputation and has superior products for the popular organic consumables market. We think they have a great future and look forward to a successful relationship."
Lawrence Holland, CEO of SDCTS commented, "We operate a premier wholesale and retail coffee distribution operation and we plan to extend the brand vertically through acquisitions of affiliated companies and focus our efforts on the fast growing, higher margin eco-friendly, organic market segment. In addition to our core focus of coffee we will expand our line to include additional organic spices, teas and related products. We look to USM Capital and the investor community to help us reach our growth objectives as a public company."
About San Diego Coffee, Tea & Spice, Inc.
San Diego Coffee, Tea & Spice, Inc. is a well respected coffee roaster and specialty spice purveyor providing gourmet roasted coffee and high quality spices at reasonable prices to the Southern California market. The company operates two roasting facilities, a gourmet spice division and two retail coffee shops. In addition to serving over two hundred local restaurants, San Diego Coffee, Tea & Spice counts well known San Diego landmarks including Petco Park, Qualcomm Stadium, Wild Animal Park and the San Diego Zoo among their customers. The company intends to expand its brand of both traditional and eco-friendly, organic products by acquiring regional roasters, importers and retailers through a public company rollup strategy.
About USM Capital Group, Inc.
USM Capital Group, Inc. (UCGI), is the financial services subsidiary of U.S. Microbics Inc. (OTCBB:BUGS - News) and provides management consulting, administrative services and investor relations services to its clients. For more information, contact Robert Brehm at 760-918-1860 x102 or see the website at http://www.usmcapital.com/.
TECHNICAL COMMUNICATIONS CORPORATION (OTCBB: TCCO)
"Up 8.91% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/TCCO.phpTCC designs, manufactures, and supports superior grade secure communications systems that protect highly sensitive information transmitted over a wide range of data, voice and fax networks. TCC's security solutions protect information privacy on every continent in over 100 countries. Government agencies, militaries, financial institutions, telecommunications carriers and multinational corporations worldwide rely on TCC to protect their communications networks.
TCCO News:
November 30 - Technical Communications Corporation Reports Profitable Results for the Fourth Fiscal Quarter and the Year Ending September 29, 2007
Technical Communications Corporation (OTCBB: TCCO) announced its results for the fiscal quarter and year ended September 29, 2007. For the quarter ended September 29, 2007, the Company reported net income of $543,000, or $0.39 per share, on revenue of $1,751,000, as compared to net income of $54,000, or $0.04 per share, on revenue of $845,000 for the quarter ended September 30, 2006. For the year ended September 29, 2007, the Company reported revenue of $4,920,000 and net income of $846,000, or $0.62 per share, as compared to revenue of $3,897,000 and a net loss of ($94,000), or ($0.07) per share, for fiscal 2006.
During fiscal 2007, the Company adopted the provisions of SFAS No. 123R, which requires the recognition of stock-based compensation in net income for the period. As a result, included in net income for the year ended September 29, 2007 is a non-cash expense of $100,000, or $0.07 per share for stock-based compensation. The Company elected to adopt the provisions of SFAS No. 123R on a prospective basis; therefore, no corresponding expense has been reflected in fiscal 2006.
Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC said, "Revenues in the fourth fiscal quarter improved substantially, driven by significant shipments of TCC's DSP9000 radio encryptors to South America and Southwest Asia. In South America, TCC continues to expand upon its installed base with a 50 system DSP9000 shipment to a major user who is increasing its air-to-ground secure communications deployment. The DSP9000 system is unique in that it creates an end-to-end secure voice network between vehicle, man-pack, aircraft, ship and commanders' offices using a wide variety of radios. We believe the DSP9000 Radio Encryptor System is ideally suited for emerging border control deployments being planned in South America and elsewhere. TCC continues an intensified marketing effort of both its radio and wireless products to the growing number of Central and South American countries that are investing in secure communications."
Mr. Guild continued, "In the Southwest Asia region, Afghanistan continues to expand its demand for secure communications. As previously reported, in the fourth fiscal quarter of 2007 TCC received a $1.4 million order for DSP9000 handset encryptors which will provide end-to-end voice security for both portable and fixed-base radios. Deployment of the TCC DSP9000 radio encryption system enables the Afghan, NATO and U.S. forces to communicate securely across the entire country. TCC's family of radio encryptors provides a robust, highly reliable security solution for most radio systems operating in the HF, VHF and UHF bands and is a popular choice for achieving interoperability between a variety of radio brands."
BROWNSTONE RESOURCES (OTC: BWNR)
"Up 26.96% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/BWNR.phpBrownstone Resources Inc., is a junior mineral resource exploration company involved in the exploration and development of potentially mineral rich properties in both North and South America. The efforts of the Company are focused on the development of our existing mining claims, added shareholder value through acquisitions, and continuous and ongoing exploration for new resources in select prominent mining regions. Brownstones management team, made up of geologists, mining executives and industry professionals, are working to put together an attractive group of holdings, with a focus on gold and uranium. We have developed an aggressive exploration program for our Iron Bridge Uranium project, located in the Nouvel Township, Northern Ontario, Canada. Our long term goals are to create maximum shareholder value by continuing to build a strong base of properties. The company has not yet determined whether its properties contain ore reserves that are economically recoverable.
BWNR News:
December 3 - Brownstone's Arizona Gold Project Announces Signing Letter of Intent
Brownstone Resources Inc. (OTC: BWNR) announced that the company has signed a Letter of Intent (LOI) with a private mineral resource development company which will ultimately enable Brownstone the right to earn a 50% participating ownership interest in a select group of gold mining claims in northeastern Arizona. The claims are located approximately 70 miles outside of Flagstaff, Arizona.
Preliminary geophysical work undertaken by the founding company has been completed on the property to test the potential of the property to host gold mineralization.
Work performed to date, involving limited geophysical surveying to test, on surface, the potential of the known anomalies to host gold mineralization, and subsequent surface sampling and fire assaying of the samples have been undertaken and completed by the original claim owners. The results of both the geophysical surveying and the sample collection and assaying have yielded promising initial results, and was the basis for Brownstone entering into the LOI.
Brownstone will now proceed with a formal site visit to the property to verify the information provided to them, and complete all necessary due diligence. Once the visit and reconciliation of information is completed to management's satisfaction, Brownstone will, based on the original LOI, create the formal participation and JV agreement which both companies will enter into, going forward.
The company will make further announcements on the LOI and subsequent signing of a formal agreement.
THORIUM POWER LTD (OTCBB: THPW)
"Up 22.58% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/THPW.phpBased in McLean, VA, Thorium Power, Ltd. is a nuclear energy pioneer and the leading developer of thorium-based nuclear fuel designs. The Company's technologies include nuclear fuel designs optimized to address key concerns about traditional nuclear power, including nuclear proliferation and nuclear waste. Thorium Power plans to license its technologies to commercial and government owned reactor operators and nuclear fuel fabricators aiming to benefit from thorium-based fuels. The Company is targeting new reactors in countries without a nuclear industry today, as well as currently operating and new reactors in countries with an established industry. Thorium Power is also leveraging its nuclear technology, business and regulatory expertise and relationships by offering services to commercial entities and governments looking to establish or expand nuclear industry capabilities and infrastructure. In addition to leveraging its International and Technical Advisory Boards comprised of key national and international leaders in the fields of nuclear energy, finance, government affairs, non-proliferation and diplomacy, the Company maintains long-standing relationships with leading Russian nuclear entities, providing expert resources and facilities for its nuclear fuel development activities. To support the implementation of its business model, Thorium Power has plans to form partnerships with various types of participants in the nuclear industry, allowing the Company to address multiple nuclear reactor types internationally.
THPW News:
December 3 - Thorium Power Enters Into $5 Million Consulting and Strategic Advisory Services Agreement With Foreign Government-Owned Entity
Company Selected to Assist in the Development of a Roadmap for Foreign Nation's New Nuclear Energy Program
Thorium Power, Ltd. (OTCBB: THPW), the leading developer of low-waste, non-proliferative nuclear fuel technology for existing and future reactors, announced that it has entered into a consulting and strategic advisory services agreement with a foreign government-owned entity to develop a roadmap as the first phase of a feasibility study for a prospective program to deploy civilian nuclear power plants. The roadmap will include recommendations related to timelines, organizational structure and priorities for subsequent phases of the program.
The terms of the agreement call for an initial payment to Thorium Power of $5 million USD at the start of the first 15-week phase of the feasibility study on November 30, 2007.
The agreement also provides a framework for a subsequent consulting engagement for the second phase of the feasibility study, which will be mutually agreed to by the Parties. The scope of the services under the agreement have been defined in consultation with appropriate authorities in the U.S. government in compliance with all applicable U.S. export controls. Thorium Power intends to communicate additional details about the client relationship once certain governmental steps are completed in both countries relating to potential additional work.
Thorium Power was selected after a detailed technical review of the company's fuel designs by independent nuclear experts, as well as an extensive evaluation of the company's experience within the global nuclear industry and its expertise in non-proliferation issues.
Erik Hallstrom, COO of Thorium Power, stated, "While we have had our non-proliferative fuel designs undergoing tests in a research reactor for the past several years, this agreement marks a milestone for Thorium Power's commercialization efforts. The agreement provides validation for our business model, where consulting and government services are early revenue drivers as well as important elements in the sales process for our broader offering."
Seth Grae, CEO of Thorium Power, added, "Our client clearly recognizes the broad nuclear expertise and extensive resources offered by Thorium Power. We believe that our consulting and strategic advisory services are similarly attractive to many other countries in our target market. We bring a unique and innovative perspective to the planning process, one that clearly differentiates Thorium Power from other service providers. We firmly believe the future of the nuclear renaissance will depend on viable solutions to significant concerns such as proliferation, waste, and operating economics. This relationship gives Thorium Power the opportunity to demonstrate our core competencies to address nuclear issues at the highest levels. We are excited about the prospect of showcasing our blueprint for safe, clean, and smart non-proliferative nuclear power."
ABOUT OTCPICKS.COMOTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Disclaimer:
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.
Release of Liability:
Through use of this website viewing or using you agree to hold OTCPicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. OTCPicks.com has not been compensated by any of the companies covered in this release. For a complete list of disclosures go to http://www.otcpicks.com/disclosure_details.php. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCPicks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCPicks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. OTCPicks.com and its affiliates are not registered investment advisors or a broker dealers. OTCPicks.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor's sole risk. OTCPicks.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. OTCPicks.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through OTCPicks.com. OTCPicks.com owners may or may not hold positions in the companies that are profiled.
The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.
Third Party Web Sites and Information:
OTCPicks.com and newsletter may provide hyperlinks to third party websites or access to third party content. OTCPicks.com does not control, endorse, or guarantee content found in such sites. You agree that OTCPicks.com is not responsible for any content, associated links, resources, or services associated with a third party site. You further agree that OTCPicks.com shall not be liable for any loss or damage of any sort associated with your use of third party content. Links and access to these sites are provided for your convenience only.
