Our Stocks to Watch today Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP), BigString Corporation (OTCBB: BSGC), Mesa Offshore Trust (OTC: MOSH), Stinger Systems, Inc. (OTCBB: STIY), DealerAdvance, Inc. (OTCBB: DLAV), China Voice Holding Corporation (OTC: CHVC)
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RENHUANG PHARMACEUTICALS (OTCBB: RHGP)
Detailed Quote: http://www.otcpicks.com/quotes/RHGP.php
Company Profile: http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm
Renhuang Pharmaceuticals, located in Harbin of Heilongjiang Province in Northeast China, is a leading integrated developer, manufacturer and distributor of a broad line of high-quality nutraceutical, natural medicinal and bio-pharmaceutical products. The Company provides three major product lines including the Acanthopanax-based natural medicinal products, Shark Power Health Care series and Traditional Chinese Medicines. Renhuang's key product line is Acanthopanax-based products, an effective natural medicine in treating depression and melancholy and offering various other health benefits. By controlling an estimated 70% of China's natural resource of Acanthopanax (also known as Siberian Ginseng), the Company has a dominant market position in Acanthopanax-based natural medicines. The Company distributes its products through a multi-layer sales network of over 2000 sales agents. Its products are not only sold nationwide but also exported to Russia and Southeast Asia. Renhuang has established a multi-channel research and development infrastructure composed of in-house researchers, a post-doctoral working center, and collaboration with well known institutions and scientists. In manufacturing, the Company strictly follows the international GMP certified quality standards and system by utilizing cutting-edge technologies, the state of the art equipment, and the proprietary innovative and award winning processes. For more information about Renhuang Pharmaceuticals, visit www.renhuang.com.
RHGP News:
December 17 - StockGuru Announces a New Executive Interview With Mr. Li Shaoming of Renhuang Pharmaceuticals
John Pentony, Publisher of Stockguru.com announced that the company has posted a new podcast interview featuring Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP). Pentony interviews Mr. Li Shaoming, CEO and Chairman of the Board, for Renhuang Pharmaceuticals. In the interview Mr. Li discusses the company and its recent news from the company including its recently announced Olympic year prime time television ad space on China Central Television (also known as "CCTV").
To listen to the interview, visit www.stockguru.com/podcasts/?p=21.
BIGSTRING CORPORATION (OTCBB: BSGC)
Detailed Quote: http://www.otcpicks.com/quotes/BSGC.php
Company Profile: http://www.otcpicks.com/bigstring/bigstring.htm
BigString Corporation, through its subsidiary, BigString Interactive, Inc., provides email services. It offers BigString, which is a Web-based, POP3 server email service solution that allows the user to edit, recall, cancel, and erase the email, as well as insert or delete attachments, even after the email has been sent out and opened. The company also provides BigString Beta 2.0 that offers erasable, recallable, and self destroying applications, non-printable and non-forwardable emails, set time or number of views, and masquerading to protect the sender's privacy and security. BigString Beta 2.0 also provides spam filters, virus protection, and large-storage web-based email accounts. The company's products include BigString Free, which provides the features of BigString Beta 2.0, and includes 1GB of storage and permits the user to send unlimited emails per month; BigString Premium, which offers the features of the BigString Free account, plus vanity domains, POP3 access using any email client, 2GB of storage, and 30 minute video email; and BigString Business that offers the features of the BigString Premium account, plus 10 email accounts, 20GB of storage, global filter notification, and email management. BigString Corporation also offers BigString Marketer Pro, which provides an enterprise marketing software application which allows for the sending of interactive video email commercials that can be programmed to self-destruct at a set time; and BigString Marketer SMB, a hosted video email marketing platform for small and medium size businesses. The company was founded in 2003. It was formerly known as Recall Mail Corporation and changed its name to BigString Corporation in 2005. Bigstring Corporation is based in Red Bank, New Jersey.
BSGC News:
December 17 - WoozyFly.Com Partners with BigString for Its Private Label Email Service
BigString Corporation (OTCBB: BSGC) (www.BigString.com) announced that it will be the private label email provider for WoozyFly.com (www.WoozyFly.com), the online music media company devoted to independent artists. WoozyFly members will get a free email account offering all the functionalities of BigString's patent-pending email services, including self-destructing, tracking and video email.
Darin Myman, President and CEO of BigString Corporation noted, "WoozyFly.com’s fast growth and recent success makes this a very exciting opportunity for BigString. Our private label email solution is a perfect fit for our two companies."
“BigString’s unique email capabilities are the perfect complement to WoozyFly.com’s video music content. It allows us to offer our strategic partners and advertisers the perfect tool to further market their artists and products to our ever-expanding user base of worldwide indie music fans,” said Jonathan Bomser, President and CEO of WoozyFly.com.
Users of the WoozyFly.com’s private label email will be able to send an embedded video email (up to 10 minutes in length) without the need for the recipient to click on the a link or download the video. Another unique email feature allows users to remotely erase or modify emails sent to recipients, designate their emails to be non-forwardable, non-printable and/or non-savable, or opt to have their emails self-destruct after a set amount of time or views. In addition, users will also have the added ability to send secure emails via an encrypted, password-protected email system that can only be open via a Secure Socket Layer (SSL).
MESA OFFSHORE TRUST (OTCBB: MOSH)
"Up 75.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MOSH.php
Mesa Offshore Trust operates as a trust company in the United States. Its principal assets consist of a 99.99% interest in the Mesa Offshore Royalty Partnership, which holds a net overriding royalty interest in 10 producing and nonproducing oil and gas oil and gas leases offshore Louisiana and Texas. The trust is entitled to its share of 90% of the net proceeds, realized from the sale of the hydrocarbons produced from the properties. Mesa Offshore Trust was founded in 1982 and is based in Austin, Texas.
MOSH News:
December 13 - Mesa Offshore Trust Announces Proposed Settlement Agreement, Including Resignation of Trustee and Appointment of Temporary Trustee
Mesa Offshore Trust (OTC: MOSH) (the “Trust”) announced that on December 3, 2007, JPMorgan Chase Bank, N.A., for itself and in its capacity as Trustee of the Trust, entered into a Settlement Agreement and Release in connection with the lawsuit filed by MOSH Holding, L.P. (“MHLP”) against Pioneer Natural Resources Company; Pioneer Natural Resources USA, Inc. (collectively, “Pioneer”); Woodside Energy (USA) Inc. (“Woodside”); and JPMorgan Chase Bank, N.A., as Trustee of the Trust (the “Lawsuit”), with MHLP, Dagger-Spine Hedgehog Corporation (“Dagger-Spine”) and another group of unitholders, led by Keith A. Wiegand (together with Dagger-Spine, the “Intervenors”), and additional Unitholders in the Trust (collectively, “Plaintiffs”) (as amended on December 7, 2007, the “Settlement Agreement”).
The Settlement Agreement provides for the following:
If the Settlement Agreement is approved by the 334th Judicial District of Harris County, Texas (the “Court”), JPMorgan Chase Bank, N.A. shall: (1) formally resign as Trustee of the Trust effective January 21, 2008, or such earlier date as authorized or approved by the Court; and (2) pay to the Plaintiffs, and not to the Trust for the benefit of all Unitholders, $1,250,000 to reimburse Plaintiffs for legal fees and expenses incurred in connection with the pursuit of claims for the benefit of the Trust within 31 days after the Court enters an order approving the Settlement Agreement.
Plaintiffs in the Lawsuit shall request the Court to appoint a successor or temporary trustee, who shall determine whether to pursue the remaining claims in the Lawsuit against Pioneer and Woodside, for the benefit of all Unitholders. The decision whether or not to pursue such claims shall be entirely within the discretion of the successor or temporary trustee.
JPMorgan Chase Bank, N.A., individually and as lender, previously created a $3,000,000 Demand Promissory Note on September 28, 2007, with the Trust as borrower, for use by the Trustee to pay Trust expenses, under commercial terms and secured by the Trust’s assets. In addition, on December 3, 2007, JPMorgan Chase Bank, N.A., individually and as lender, has entered into an Amended and Restated Promissory Note (the “Amended and Restated Note”), with the Trust as borrower, to amend the Demand Promissory Note to provide for, among other provisions, an extension of the stated maturity date of the Loans made pursuant to the Demand Promissory Note and the Amended and Restated Note from December 31, 2007 until the earlier of (1) December 31, 2009, (2) 31 days after the Trust’s receipt of any settlement proceeds, recovery or judgment in connection with the Lawsuit, (3) final liquidation of the Trust’s assets, or (4) if the Settlement Agreement is not approved by the Court. JPMorgan Chase Bank, N.A., in connection with the Settlement Agreement, has committed that at least $800,000 will remain in available funds as of the date of its proposed resignation that could be borrowed by the Trust under the terms of the Amended and Restated Note, so that the Trust can pay operating expenses in the future. Up to a maximum of $2,200,000 in loaned funds may have been consumed as of the date of JPMorgan’s resignation as Trustee, to pay operating expenses of the Trust, including the Trustee’s legal fees and costs in defending against the Lawsuit.
Plaintiffs shall release JPMorgan Chase Bank, N.A., individually and as Trustee of the Trust, and all claims against JPMorgan Chase Bank, N.A. shall be dismissed with prejudice.
The proposed settlement is expressly conditioned on approval by the Court, with an order that may be binding on all Unitholders of the Trust, that specifically (1) approves the settlement, (2) finds that the settlement is in the best interest of the Trust and its Unitholders/beneficiaries, (3) accepts the Trustee’s resignation, and (4) dismisses the Lawsuit against the Trustee and JPMorgan Chase Bank, N.A. individually with prejudice as to all claims that were or could have been brought against them by the Plaintiffs directly or on behalf of the Trust. Furthermore, the proposed order would release the Trustee from any liability to the Trust or the Trust’s beneficiaries for any claims arising from its agreement to and performance of the Settlement Agreement.
Because the Settlement Agreement is subject to approval by the Court, the Trustee and the Plaintiffs in the Lawsuit filed a Joint Motion for Approval of Settlement Agreement on December 3, 2007 and a Supplement to Joint Motion for Approval of Settlement Agreement on December 11, 2007.
The Trustee is providing notice to all unitholders of record of JPMorgan’s Chase Bank, N.A.’s intention to resign as Trustee, the application by the Plaintiffs in the lawsuit to appoint a temporary trustee, the conditional Settlement Agreement, and the hearing to approve the agreement, which the Court scheduled for January 16, 2008 at 9:00 a.m. Interested Unitholders may attend the hearing on January 16, 2008, and the Court is willing to entertain any written objections to these proposed actions if the written objections are received by the Court on or before January 17, 2007. The notice, which is also being filed as an exhibit to a Form 8-K filed by the Trust with the SEC and is available at www.sec.gov, contains additional information about how to obtain copies of certain pleadings in the Lawsuit that relate to the Settlement Agreement and about the objections that Pioneer and Woodside have to the Settlement Agreement and the Plaintiffs’ application for the appointment of a temporary trustee. Pioneer and Woodside believe that the Trustee’s resignation, the appointment of a temporary trustee, and the proposed settlement violate the terms of the Trust Indenture and benefit the proponents rather than the Trust and all Unitholders. The Trustee believes that the Settlement Agreement is in the best interests of the Trust and the Unitholders, and that it has an absolute right to resign under the Trust Indenture “with or without cause, at any time.”
STINGER SYSTEMS INCORPORATED (OTCBB: STIY)
"Up 75.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/STIY.php
Stinger Systems, Inc. engages in manufacturing and marketing electronic restraint products to law enforcement, correctional, professional security, and military sectors. It produces and sells electronic stun devices for the control of, and to provide temporary incapacitation of, dangerous persons. The company markets S-200, a two-dart electronic projectile stun device, and TruVu camera, which offers the option of video and voice capture. The company's control products include Ice Shield, an electrified riot shield; Bandit, a remote controlled or movement controlled electrified wrap used for controlling dangerous detainees in public situations or during transport; and Ultron, a handheld contact stun device used to temporarily incapacitate dangerous individuals. The company was founded as United Consulting Corporation in 1996 and changed its name to Stinger Systems, Inc. in 2004. Stinger Systems, Inc. is based in Tampa, Florida.
STIY News:
December 17 - Medical Study of Stinger S-200 Stun Gun Completed
Study confirms cardiac safety
Stinger Systems, Inc. (OTCBB: STIY), a leader in electro-stun technology, announced a major research university has completed a comprehensive cardiac study of the Stinger Systems' S-200 projectile stun gun. Details of the study are being withheld pending publication at a scientific meeting and/or in a scientific journal. However, this study confirmed the cardiac safety of the S- 200, which had previously been documented in internal safety testing. Stinger Systems' stun products have been used since 2000. Thousands of applications have occurred and, to date, the Company has had no reported injuries or adverse health effects using its products including during training. Additional medical studies of the S-200, including direct comparisons to the Taser M26 and Taser X26 are currently underway.
Stinger Systems, Inc. intends to introduce the study for acceptance into evidence at trial of its federal case against Taser International, Inc. (NASD: TASR) for false advertising/unfair competition, that is United States District Court for the District of Arizona case CV-07-0042-PHX-MHM.
DEALERADVANCE (OTCBB: DLAV)
"Up 26.53% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DLAV.php
DealerAdvance, Inc. engages in the sale, marketing, and installation of a Web-based application software and database systems that manages the auto dealer-client relationship. The company offers WebDA that allows automobile dealers to capture a customer's contact and vehicle information, purchasing requirements, and gives dealership personnel the ability to search inventory in their DMS inventory systems. This search feature can be used to search inventory at multiple locations, and enables dealership personnel to locate an appropriate vehicle in stock and print out the necessary forms to complete the purchase or lease deal. The company was founded in 2000 and is based in Addison, Texas.
DLAV News:
December 17 - New Dealer Contracts Bolster Revenue for DealerAdvance
DealerAdvance™, Inc. (OTCBB: DLAV), announced that the company has converted three DealerAdvance™ clients to its new and growing WebDA™ product.
Steven Humphries, DealerAdvance CEO said, “Our primary goal over the past several months has been to open new dealers and convert our older dealers whose contracts had or were expiring to our new WebDA product. We are pleased to announce that long-time customers Gresham Ford (Gresham, OR), Pierre Dodge (Seattle, WA) and Palmetto Nissan (Florence, SC), all whose contracts had expired, have signed new contracts to move over to WebDA™. Each contract provides a growing and long term revenue flow for the company.”
Gresham Ford General Manager Bess Wills commented, “We’ve been with DealerAdvance from the beginning and are very excited about moving over to the new WebDA product. Our sales people and sales management like the product due to it being so user-friendly.”
VP of Sales Dave Scaturro said, “It’s all about customer retention and customer satisfaction. Our goal is to have happy customers that will do business with the company for years and years. Gresham Ford, Pierre Dodge and Palmetto Nissan have been long customers of the company and we are pleased to have them continue with our new product.”
WebDA™ is the newest iteration of DLAV’s “CRM” application. The system is also offers the Nokia 800 hand-held devise that is web based and is available at a fraction of the cost of the original DLAV system. The original server based system is now being replaced in the almost 100 dealerships previously being served. According to Humphries dealers that have utilized the original DealerAdvance™ system have shown a 90% increased in captured customer data and a 30% increase in appointment setting. “It’s all about sales,” says Humphries, “theirs and ours.”
For additional information and a demo, contact company VP of Sales Dave Scaturro at (214) 866-0606, ext. 103.
CHINA VOICE HOLDING (OTC: CHVC)
"Up 23.71% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CHVC.php
China Voice Holding Corp., through its subsidiaries, provides communications products and services in the People's Republic of China and the United States. It offers Voice over Internet and other telecommunication services, office automation, wireless broadband, unified messaging, hosted groupware, mobile, and other voice and data services. The company also provides infrastructure to support the marketing, sale, and fulfillment of Asian communication products and services in the U.S.; and a vehicle to distribute and deploy the U.S. telecommunication, wireless, and technology products in Asia. In addition, China Voice Holding offers discount calling cards and virtual calling cards that are used to call from the United States to other countries, as well as to call from other countries to the United States, or to call between countries outside the United States; and distributes and manufactures broadband products and services. It serves CLEC's, Internet service providers, IXC's, cable companies, and other communication service providers. The company is headquartered in Dallas, Texas.
CHVC News:
December 14 - China Netcom Budgets Initial $6.5 Million Dollars for China Voice Holding Corp. Sky O/A Licenses
China Voice Holding Corporation (OTC: CHVC) announced that its China subsidiary, Beijing CandidSoft Technology Co. Ltd. (CandidSoft), had been advised by China Netcom (CNC) that the initial budget for CandidSoft’s SKY O/A private branded software licenses would be up to $6,500,000 through June, 2008. CHVC recently announced the signing ceremony with CNC of Guang Xi Province.
CHVC’s President and CEO Bill Burbank said, “CNC has budgeted up to $500,000 for the remainder of 2007, and up to an additional $6,000,000 through June, 2008 for SKY O/A software licenses. SKY O/A will be private-labeled under the ‘CNC Service’ brand as an enhanced service offering called 'ICT Business'. This initial commitment is in line with the model that we expect to adopt throughout the China market. Because CHVC has focused up to now on our large government contracts, the Company has not pursued the private sector other than a few large enterprise companies. This new private label software licensing model through telecom carriers will enable CHVC to reap the benefits and profits from the private sector while staying focused on deploying our government contracts. In addition, because China Netcom has been very supportive of our Company, we have utilized CNC for their fixed line service needed to support our government contracts in the Guang Xi Province.”
China Netcom is China’s number two broadband communications and fixed-line telecommunications operator. CNC employs over 140,000 people, trades on the New York and Hong Kong Stock Exchanges and has annual revenues approaching $11.5 billion. China Netcom services every Province in China. In the Beijing Municipality, Tianjin Municipality, Hebei Province, Henan Province, Shandong Province, Liaoning Province, Heilongjiang Province, Jilin Province, Neimenggu Autonomous Region and Shanxi Province, CNC is a dominant provider of fixed-line telephone services, broadband and other Internet-related services, as well as business and data communications services.
CandidSoft is an international software company based in the Zhong-Guan-Cun Science and Technology Park in Beijing, China. CandidSoft has used local expertise to research, develop, and establish information and communication platforms for business and government applications. CandidSoft uses “SKY O/A” as the product trademark and separates products into three general categories: O/A Cooperative Office Solutions, O/A Integrated Office Solutions, and O/A Unified Processing Solutions. The Company provides office automation and integration services to government, academic and commercial customers and has developed China’s first patented Office Automation application, in large part guided by the needs of Chinese Government Agencies. This platform was designed for flexibility and may be easily modified or extended to meet the specific needs of each Chinese Government Agency or Large Enterprise Company. SKY O/A™ uses a web-based technology and allows multiple workers to collaborate on a single project. The SKY O/A™ Office Automation platform currently supports over one million users within China.
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