Our
Stocks to Watch today include Unicorp, Inc. (OTCBB: UCPI), Kayenta Kreations,
Inc. (OTCBB: KKRI), Malex, Inc. (OTCBB: MLEX), Avalon Oil & Gas, Inc. (OTCBB:
AOGN), IDO Security Inc. (OTCBB: IDOI)
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Watch Alerts
UNICORP
INCORPORATED NEW (OTCBB: UCPI)
"Up
27.50% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/UCPI.php
Unicorp,
Inc. is primarily engaged in the acquisition, development, exploration and
production of crude oil and natural gas. The Company acquires working interests
in producing properties with developmental potential and properties that offer
relatively low risk exploration potential for both crude oil and natural gas.
Unicorp operates onshore along the Gulf Coast of Texas and Louisiana as well as
East Texas and Mississippi. The Company strives to enhance asset value through
application of current production technology while keeping costs low. The
Company’s goal is to achieve a high return on its investment and grow
shareholder value.
UCPI
News:
December
4 - Unicorp Announces 338% Increase in Proved Reserves to $16.4 Million
Unicorp,
Inc. (OTCBB: UCPI) announced the results of its third party engineering report
for the period ended September 30, 2007. The company prepared the mid-year
report to be utilized for the company’s funding requirements. Unicorp’s total
proved reserves using realized September 2007 prices produced a net present
value discounted at 10% of $16.405 million, an increase of 338% from $3.742
million at December 31, 2006.
Bob
Munn, President and CEO of Unicorp said: “We are pleased to announce this
significant increase in our proved reserves when compared to our proved
reserves at December 31, 2006. Our drilling successes at South Creole and
Carroll Springs fields, which is our Catfish Creek prospect, coupled with our
Welsh field acquisition have resulted in the addition of 484.5 MBOE equivalent
during the nine months ended September 30, 2007.” Mr. Munn went on to say, “Our
primary goal for 2008 and beyond is to continue to add to our reserve base
through an organic, low-risk drilling program, the addition of new drilling
prospects and the acquisition of low cost reserves with the potential for
significant upside reserve additions.”
KAYENTA
KREATIONS (OTCBB: KKRI)
"Up
160.87% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/KKRI.php
The
company's principal activity was to produce and market specialty children's
coloring art books and art coloring pencils. The company has since discontinued
this activity and is currently seeking potential acquisitions. Kayenta
Kreations is a development stage company.
KKRI
News:
December
6 - Geospatial Mapping Systems Agrees to Be Acquired by Kayenta Kreations
Geospatial
Mapping Systems, Inc. a privately-held infrastructure technology company
specializing in the mapping and management of underground pipeline systems has
entered into a Letter of Intent to be acquired by Kayenta Kreations, Inc.
(OTCBB: KKRI).
The proposed
transaction is subject to certain conditions and will involve a change in
stockholder control of the Company, change of management, change of corporate
name, change of corporate headquarters and other significant matters. The
proposed acquisition is expected to involve a 2.8 to 1 forward stock split of
the currently outstanding shares of common stock of Kayenta. Subject to the
conditions precedent the transaction is proposed to be completed on or about
January 14th, 2008.
About
Geospatial
Geospatial
Mapping Systems, Inc. utilizes proprietary technologies to safely, accurately
and economically locate, map and assess the location and condition of all types
and sizes of underground pipelines for the municipal, energy, and industrial
sectors. Under exclusive license to Reduct NV of Belgium, Geospatial utilizes
the DuctRunner Smart Probe Pipeline Mapping Technology to economically and
accurately map underground water, sewer, energy (oil & gas), electrical and
communication pipelines and conduits. Utilizing proprietary software, this
critical pipeline location data is integrated into GIS (Geographic Information
System) data bases which enable municipalities, utilities, energy companies and
industrial pipeline operators to better manage their underground pipeline
assets. For more information, visit the company’s web site at
www.geospatialcorporation.com.
MALEX
INCORPORATED (OTCBB: MLEX)
"Up
18.75% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/MLEX.php
China
Wind Systems is presently incorporated as Malex, Inc., a Delaware corporation.
The company intends to change its registered corporate name to "China Wind
Systems." Through its affiliates, Huayang Dye Machine and Huayang
Electrical Power Equipment, collectively known as the Huayang Companies, the
company manufactures and sells industrial equipment for use in the textile and
coal power industries in China. Huayang Dye Machine was founded in 1995 by Mr.
Jianhua Wu, when the textile and dyeing industries began to gain traction in
China, by becoming a direct supplier of textile dyeing and finishing equipment
to textile producers in China. Huayang Electrical Power Equipment was
established in 2005 to supply the coking plants and coal-fired power stations
in China with efficiency-producing equipment. In 2007, the company entered the
wind energy industry by beginning to manufacture precision forged rolled rings.
Management estimates that the percentage of the company's total revenue from
wind energy products will be approximately 25% in 2007, and this percentage is
expected to increase for 2008 and 2009.
MLEX
News:
December
5 - China Wind Systems Announces Completion of Large Scale Manufacturing
Facility for Wind Components
China
Wind Systems, presently incorporated as Malex, Inc. (OTCBB: MLEX) announced
that it has completed the construction of a major manufacturing facility in
Wuxi City, in the People's Republic of China. The new facility will be used
exclusively to manufacture high precision rolled rings and other critical
components for use in the wind power industry.
The
new manufacturing facility measures 107,639 square feet and its initial
construction was completed in August 2007. The new facility is highly automated
with state-of-the-art heat treatment value simulation software, a
"green" technology developed by the Forging Technology Section of the
Mechanical Engineering Institute, a research organization that helps the
company's machines operate with high heating efficiency.
A
significant portion of the $4 million raised by China Wind Systems in November
2007 through a private placement led by Barron Partners, LP will be used in the
company's initial expansion phase. In the initial phase, China Wind Systems
will focus on producing rolled rings that measure up to 5 meters in diameter as
well as other wind mill components such as yaw bearings, shafts and rotor
blades. Some of the equipment already purchased to manufacture the wind energy
components includes a 5-meter ring rolling mill and a 6,000-ton oil press.
China Wind Systems plans to purchase additional equipment during phase two and
three of its expansion. In phase two, the company intends to manufacture rolled
rings with diameters of greater than 5 meters. In phase three, the company
intends to manufacture other wind mill components such as turbine leafs. At the
conclusion of its expansion, China Wind System's new facility will be capable
of producing forged rolled-rings of up to 8 meters in diameter weighing up to
150 tons, to suit different applications and processes in the wind energy
industry.
"Our
new facility will help us achieve our goal of becoming a major supplier of
precision rolled rings for use in yaw bearings on large scale windmills, as
well as a supplier of other components such as yaw bearings, shafts, rotor blades
and turbine leafs for use in the wind energy industry. We are currently
experiencing strong demand from our largest wind energy customer and this will
enable us to significantly scale the size of the rolled rings we can deliver
while achieving greater integration of our manufacturing process,"
commented Mr. Wu, Chairman and CEO of China Wind Systems. Although the facility
is primarily intended to manufacture rolled rings for use in the wind energy
industry, the company's precision rolled rings can also be used in other heavy
industries such as the automotives and airlines.
According
to the Global Wind Energy Council (GWEC), wind energy is becoming a mainstream
energy source. Reasons behind the growth in wind energy include concerns about
global warming and the rising costs and projected shortages of fossil fuels.
The reduced costs of energy generated by large scale windmills is expected to
make wind power a viable solution in meeting the projected growth in energy
demand by emerging countries such as China. In 2006, global wind power capacity
reached 74.3 Giga-watts (GW), increasing at a 24.4% compound annual growth rate
over a five year period. BTM Consult ApS projects global wind capacity to reach
203.2 GW by 2011 from 74.3 GW in 2006, a 22.3% compound annual growth rate.
GWEC projects wind power to represent 16% of the global electricity supply by
2020 and as much as 29% by 2030, up from just 0.8% in 2005.
Based
on current domestic energy requirements and strong government support,
large-scale wind energy is rapidly accelerating in China. Morgan Stanley
estimates China's total electricity supply to reach 932 GW by 2011, of which
13.4 GW or only 1.4% will be sourced from wind power. BTM Consult SpA has
estimated that China's wind power capacity will reach 13.4 GW by 2011, up from
2.6 GW in 2006. The Chinese government estimates China's wind power capacity
will reach 30 GW by 2020.
"Development
of large scale wind farms in China is expected to create strong demand for
these high precision, large scale components. We are confident in our ability
to grow our market share in the industry given our experience in large-scale,
high precision fabrication and machining and our solid engineering capabilities
in the alternative energy sector," said Mr. Wu.
AVALON
OIL & GAS INCORPORATED (OTCBB: AOGN)
"Up
18.42% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/AOGN.php
Avalon
Oil & Gas, Inc. engages in the acquisition of producing oil and gas
properties in the United States. It holds 50% working interest in the J.C.
Kelly wellbore, a 121.9 acre lease in Wood County, Texas; the E.A. Chance
wellbores, a 40 acre lease in Camp County, Texas; 50% working interest in the
Dixon Heirs, Deltic Farms and Timber, the Gunn wells, and associated units and
leases, in Miller County, Arkansas; 10% working interest in 13 wellbores
located in Upshur County, Texas; 25% working interest in a six well production
property located in Grant Parish, Louisiana; and 15% working interest in the
Janssen prospect in Karnes County, Texas. The company, through its
subsidiaries, owns licenses for the mitigation of paraffin wax deposition from
crude oil using ultrasonic waves; borehole casing technology; and to a system
for determining the presence and location of leaks in underground pipes. Avalon
Oil & Gas, Inc. has a strategic alliance with UTEK Corporation to develop a
portfolio of new technologies for the oil and gas industry. The company is
based in Minneapolis, Minnesota.
AOGN
News:
December
5 - Avalon Oil & Gas Reports Record Revenues for Second Quarter 2007
Avalon
Oil & Gas, Inc. (OTCBB: AOGN) (FWB: A3MA) (Avalon) has reported its
financial results for the Second Quarter ended September 30, 2007. In the Form
10-QSB the Company has filed with the SEC, Avalon demonstrates the continuing
success of its business plan with an exponential increase in revenues over the
prior year. Total revenues for the six months ending September 30, 2007
increased to $100,306 from $6,090 for the corresponding period in the previous
year, an increase of 1,547%. Oil and gas revenues for the three months ending
September 30, 2007 were $ 57,342, up from the previous quarter where revenues
were $42,964, marking an increase in quarterly revenue of 33%. This
demonstrates strong and consistent revenue growth for the second consecutive
quarter of the current fiscal year, and the fifth consecutive quarter of
revenue growth to date. Total shareholders equity increased to $2,341,615 from
$2,093,680 at the end of the second quarter last year, an increase of 12%.
Kent
Rodriguez, CEO of Avalon said “This was a very strong quarter for Avalon as we
continue to expand our portfolio of oil and gas producing properties.” He
added, “Avalon’s investment portfolio now includes production assets of 44
producing oil and gas wells in 5 states. Since the end of last quarter, Avalon
has closed on three new properties, including those in Hughes and Nowata
Counties in Oklahoma; as well as a significant transaction for production in
Lake Washington Field in Plaquemines Parish, Louisiana. These acquisitions will
substantially increase Avalon’s revenues and profitability going forward”
stated Rodriguez.
Avalon
Director Menno Wiebe added “The Company is actively searching for additions to
its production portfolio where Avalon sees opportunities to optimize production
and increase efficiency.” Each property is generating positive cash flow.
Production has been optimized at each of the acquired properties to achieve a
combination of lower operating expenses and increased production. Avalon
Director Stephen Newton emphasized: “Given the current environment for oil
pricing and Avalon’s access to technology, the company is in the right place at
the right time.”
“Avalon
is not a typical oil and gas company”, added CEO Rodriguez. “We are a company
that acquires oil and gas producing properties. We do not engage in the
drilling of wildcat wells. We acquire proven income streams that generate a
suitable rate of return for our shareholders, and provide subsequent investment
in workovers and technology application to enhance this income stream.”
IDO
SECURITY INCORPORATED (OTCBB: IDOI)
"Up
14.63% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/IDOI.php
IDO is
engaged in the design, development and marketing of devices for the homeland
security and loss prevention markets for use in security screening to detect
metallic objects concealed on or in footwear, ankles and feet through the use
of electro-magnetic fields. These devices were designed specifically for
applications in the security screening to complement the current methods for
the detection of metallic items during security screenings and at security
checkpoints in venues such as airports, prisons, schools, stadiums and other
public locations and other venues requiring individual security screening IDO's
sole commercial product, "MagShoe" has been issued one patent by the
United States Patent and Trademark Office in November 2005 covering various
aspects of its unique technology and there is one patent application pending in
Israel. In January 2006, the MagShoe(TM) was approved for use by the Department
for Transport in the United Kingdom, after fields trials were conducted for the
Home Office's Police Scientific Development Branch. In addition, IDO has been
certified by the International Organization for Standardization
("ISO") under ISO 9001:2000 compliance for the design, development
and manufacture of electronic, electro-optic and electro- mechanical systems.
IDOI
News:
December
6 - IDO Security MagShoe(TM) Featured in BBC News Anti-Terror Report
IDO
Security Inc. (OTCBB: IDOI) a provider of innovative solutions for the homeland
security market including the MagShoe(TM) high speed shoes-on portable footwear
weapons detection system, announced that the MagShoe(TM) was featured in a BBC
London News Report on anti-Terror technology at the ISNR2007 London Exhibition
and US Department of Homeland Security (DHS) Science & Technology
Stakeholders Conference.
Click
below to watch BBC Video Report (due to the length of the URL, it is best to
copy and paste URL into browser to view):
http://news.bbc.co.uk/media/avdb/regions/london/video/137000/nb/137241_16x9_nb.asx
The
reporter stated that the "government is already looking at buying some of
the products on offer" and then went into a full demonstration of the
MagShoe(TM) detecting a box cutter similar to those used by the terrorists on
9/11.
"While
it is premature to comment on any sales, we certainly have been receiving a
great number of inquiries at the show for demonstrations of the MagShoe(TM),
said IDO Security Ltd. CEO Jorge Wolf. "That is why we came to this event
and we are very pleased to have been selected by the BBC for a feature."
The
MagShoe(TM) has already been approved by the UK PSDB (Police Scientific Development
Branch) and the show gives us the opportunity to provide a first hand
demonstration of the benefits the MagShoe(TM) provides to the leading Homeland
Security decision makers from the US, United Kingdom and Europe attending the
show."
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