Our Stocks to Watch tomorrow include Wherify Wireless, Inc. (OTCBB: WFYW), DC Brands International (OTC: DCBR), Atlantis Technology Group (OTCBB: ATNO), Magellan Energy Ltd. (OTC: MGLG), MM2 Group, Inc. (OTCBB: MMGP), Biomira Inc. (Nasdaq: BIOM)
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WHERIFY WIRELESS INCORPORATED (OTCBB: WFYW)
"Up 80.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes
Wherify Wireless, Inc. develops wireless location products and services for family safety and communications, and law enforcement and security technology solutions in the United States. Its portfolio of intellectual property includes its proprietary integration of the U.S Government's Global Positioning System (GPS) and wireless communication technologies; its patented back-end location service; and the Wherifone GPS locator phone, which provides real-time location information and lets families with pre-teens, seniors, or those with special medical needs, stay connected and in contact with each other. The company was founded in 1998 and is headquartered in
WFYW News:
December 5 - Wherify Wireless Announces Major Manufacturing and Distribution Agreement With SOS GPS Holdings, LLC (SOS)
Wherify Wireless, Inc. (OTCBB: WFYW), a leading developer of patented wireless location solutions and services for GPS enabled devices, announced it has signed an important manufacturing and distribution agreement with SOS GPS Holdings, LLC. Under the terms of the agreement, SOS will be licensed to manufacture the current version of Wherify's Wherifone GSM-based, GPS locator phone and will be investing in research and development efforts to produce a next-generation version of the product. Additionally, SOS is being granted distribution rights to the current version of the Wherifone product and to future versions of the product to be developed by SOS.
Vince Sheeran, CEO of Wherify Wireless, commented, "This is a significant agreement for Wherifone Wireless and an important milestone on our path toward revenue growth and profitability. This agreement will allow for much wider distribution within the
Pursuant to the license agreement SOS may also create future improvements to the Wherifone, which will be jointly owned by Wherify and SOS, and the parties will jointly decide whether to pursue patents for any improvements. In addition, SOS has an exclusive worldwide right to manufacture, distribute and market the improved Wherifone.
Under the license agreement, SOS will pay Wherify a license fee of $1 million. SOS will utilize the Wherify location based services platform for units they sell and pay Wherify a monthly per subscriber fee. The term of the license agreement is five years and may be renewed by SOS for subsequent five year terms for a nominal fee. The license agreement provides that SOS must sell a minimum of 50,000 units per year.
About SOS GPS Holdings, LLC:
SOS GPS Holdings, LLC, which offers products under the name Satellite Onboard Systems, offers state-of-the-art GPS technology for personal protection and real-time knowledge. Using global positioning satellite technology and the World Wide Web, SOS offers the best solution available for the GPS monitoring of assets. The company's main product is the SOS GPS automotive tracking system, which allows for 24/7 personal and automobile Internet tracking, automatic theft detection, emergency service notification, remote door unlocking and the ability to remotely disable vehicles, via an easy-to-use secure client interface connection across the World Wide Web. The company was founded in 2002 and is located in
DC BRANDS INTERNATIONAL NEW (OTC: DCBR)
"Up 55.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes
DC Brands International, a publicly traded company, specializes in and manufactures unique energy drink brands. Established in 1998, DC Brands went public in 2005, and the company's first product, Dickens Energy Cider, launched in 2002 after a lengthy process in developing its distinctive flavor and packaging. Following the success of Dickens Energy Cider, the company chose to expand its product line with a beverage that filled the substantial NASCAR niche. With more than 75 million loyal fans, the NASCAR demographic presented an attractive opportunity to become one of the few racecar-themed energy drinks in the marketplace. Following much due diligence, research and testing, Turn Left Energy Drink recently came to fruition. For more information on DC Brands International, visit its Web site at http://www.turnleftenergy.com/ and DickensEnergyCider.com.
DCBR News:
December 4 - DC Brands Sales Team Reports Success in
Last week, DC Brands International (OTC: DCBR) announced that Paddy Sheya was headed to
Sheya said, "Both meetings went very well, and I believe both buyers recognized the uniqueness of our brand. The energy drink market is huge, but they liked the promotions we are running, including the Off to the Races ticket giveaways and Corvette giveaway following the Daytona 500 in 2008. I let the buyers in on the car we have on order for the 2008 season, to be given away at Daytona 2009, and they like the idea of having their brand associated with such a dynamic promotion. I have every confidence we will be adding both of these accounts to our portfolio of retail partners shortly after the first of the year, which will mean further expansion into both the grocery and the C-Store markets."
ATLANTIS TECHNOLOGY GROUP (OTCBB: ATNO)
"Up 50.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes
Atlantis Technology Group was formed to develop privately held and publicly traded technology companies that focus on high-growth investments at the leading edge of business and technological innovation. Atlantis Technology Group is engaged in providing debt and equity financing to public and private companies, as well as private equity funds, for working capital, acquisitions, management buyouts, projects and special situations within the newly announced target area. The Company's management intends to aggressively pursue new acquisitions that would enhance the existing portfolio of investments and that would be expected to enhance shareholder value through capital appreciation and dividend payments to the Company. Atlantis Technology Group intends to offer its clients a "one stop shop" of equity and senior, subordinated, structured and mezzanine debt to realize their business development objectives.
ATNO News:
December 5 - Atlantis Technology Group Subsidiary Changes Name to Global Online Television Corporation ("GO TV") to Produce a Revolutionary Technology Combining Streaming Internet and High-Definition Television
The media development subsidiary of Atlantis Technology Group (OTCBB: ATNO), Atlantis Media Group, has changed its name to Global Online Television Corporation ("GO TV"). The name change was precipitated by the close product development work that Atlantis Technology Group and Intervision, LLC, have been performing with respect to the iSTREAM Console.
The iSTREAM Console allows users the ability to watch high-definition streaming video and internet programs on their televisions. With software that has been developed by and is proprietary to Intervision, LLC, the iSTREAM Console also has the ability to instantly translate from the broadcast source language to one of thirteen user-selected languages.
One major reason for the name change was to announce a shift in focus for the Media Division of Atlantis Technology Group. According to CEO Tim DeHerrara, to correctly and efficiently further develop the i-STREAM Console, the media division's outlook must be directly focused on becoming an excellent complementary development resource and support structure. "When I want to work on my Ferrari, I do not put it out in the middle of the street, rather I put it on a lift in a garage with the correct tools to effectively work on a machine of that caliber. The same is true with the i-STREAM Console. With GO TV, we are trying to collect the media resources that will make the i-STREAM Console function as the revolutionary media outlet that we all know it has the potential to be."
MAGELLAN ENERGY NEW (OTC: MGLG)
"Up 50.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes
Magellan Energy is a publicly traded independent oil and gas company. The company is actively acquiring oil and gas leases, producing properties, mineral rights, and surface interests in
MGLG News:
December 5 - Magellan Energy Announces Update on the Thomas L. Davidson Well #1
Magellan Energy Ltd. (OTC: MGLG), an independent oil and gas company, announced that its management team were on site in Morgan County, Tennessee along with the operators of Ky-Tenn Oil Inc. to oversee the acid treatment project for the Thomas L. Davidson Well #1.
Magellan Energy has been working with Ky-Tenn officials to re-work the Thomas L. Davidson Well #1 located in Morgan County, Tennessee. The treatment scheduled for November 26, 2007 continued on time and with success. The goal for this project was to frac this well with a combination of acid and water to increase productivity. The well was treated with 2000 GL of hydrochloric acid (15%) and 500GL of water. The well reacted very well to the treatment and reached a pressure of 250(lbs). Once all the fluids were introduced the well was closed off. On November 27, 2007 Ky-Tenn Oil Inc re-opened the well which still maintained a pressure 0f 160 (Lbs) and swabbed the well for half the day. The oil presence was extremely strong, so that it was placed immediately back onto the pump. The size of the well compressor/motor is small but the well continued to produce 5 BOPD until it ran out of gas without pumping off. The results will not be finalized until the well stabilizes and maintains a steady flow.
Magellan Energy's President, Mr. Akrivos, said, "We are very pleased with the initial results of the test and that the well did not pump off during the first day of production. Ky-Tenn Oil Inc. will be adding a larger motor to the well to maintain a steady flow throughout the day without disruption to production thus enabling us to get a steady barrel count. We have to understand that this well was treated in the past and although we did not get the pressure of 1500 lbs, we anticipated the well still reacted very nicely to this treatment and has come back with an increased production rate. Until the well stabilizes and we upgrade the motor we will be unable to give continuous, accurate barrel count. This success is the first stage of many for Magellan and its shareholders. We will continue to focus on our quest to place Magellan on top as a reputable, revenue producing company in the oil and gas industry with proven results for shareholders."
MM2 GROUP, INC (OTCBB: MMGP)
"Up 45.16% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes
MM2 Group, Inc., through its subsidiary, Genotec Nutritionals, Inc., engages in the formulation, marketing, and distribution of nutritional supplements and vitamins in the
MMGP News:
December 3 - MM2 Group Secures Listing on Frankfurt Stock Exchange
MM2 Group, Inc. (OTCBB: MMGP) announced that, as part of its plan to increase its visibility within the investment community and to dramatically increase its shareholder base, the Company has secured a listing on Germany's Frankfurt Stock Exchange. The Company's trading symbol on the
Mark Meller, CEO of MM2 Group, stated, "This is the first in a comprehensive set of steps we are taking to increase market awareness for our Company. Many potential European investors have suggested that a European listing will make it easier for them to invest in our Company. In addition, these potential investors bring two important aspects to the table; they have a reputation of being patient investors, and not "flippers," and they also have an interest in helping us introduce our products to
BIOMIRA (NASD: BIOM)
"Up 35.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes
Biomira, Inc., a biotechnology company, engages in the research and development of therapeutic products for the treatment of cancer primarily in the
BIOM News:
December 5 - Court issues final order approving Biomira's move to U.S. and name change to Oncothyreon
Biomira Inc. (Nasdaq: BIOM) (TSX: BRA; "Biomira", the "Company") announced that the Alberta Court of Queen's Bench issued a Final Order approving the plan of arrangement under which the Company will move to the United States and change its name to Oncothyreon Inc. ("Oncothyreon"). Biomira also announced that the Board of Directors, upon review of the shareholder vote and other pertinent matters, yesterday voted unanimously to proceed with the plan of arrangement.
Biomira intends to file articles of amendment to effect the plan of arrangement on or about December 10, 2007, and to commence trading as Oncothyreon on the Nasdaq National Market under the symbol "ONTY" and on the Toronto Stock Exchange under the symbol "ONY" shortly thereafter. Letters of transmittal are expected to be mailed to registered shareholders commencing later today.
Upon completion of the plan of arrangement, Oncothyreon will become the parent corporation of a successor corporation of the current Biomira and its subsidiaries. Holders of common shares of Biomira will receive one-sixth of a share of common stock of Oncothyreon in exchange for each common share of Biomira. Oncothyreon intends to establish its headquarters in or near
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