Our Stocks to Watch today include Signature Devices, Inc. (OTC: SDVI), China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH), Universal Detection Technology (OTCBB: UDTT), Global Innovation Corp (OTCBB: GINV), Universal Property Development and Acquisition Corporation (OTCBB: UPDA), Global Links Corp. (OTC: GLLK)
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SIGNATURE DEVICES (OTC: SDVI)
Detailed Quote: http://www.otcpicks.com/quotes/SDVI.php
Company Profile:
http://www.otcpicks.com/signature-devices/signature-devices.htm
Signature Devices, Inc. engages in the development, manufacture, and sale of information technology products in the United States. The company creates, develops, and publishes 3-D interactive games for consoles and personal computers. It also publishes software for video games and commercial products. The company publishes games for consoles, such as GBA, XBox360, and Playstation. In addition, the company provides consulting for information technology, including computer systems, software, and electronic products. It offers a platform for hardware, embedded systems development, and image generation technology, which can be used in films, videogames, and the military. Further, the company develops customized 3D identities, including lighting, shading, artificial intelligence, and animation systems. Signature Devices was founded in 2002 and is headquartered in Redwood City, California.
SDVI News:
December 19 - Signature Devices, Inc. Meets Filing Requirement With the SEC for Move to OTCBB and Reiterates Distribution Agreement to Include Placement Into Wal-Mart, Best Buy, Target and GameStop
Signature Devices, Inc. (OTC: SDVI) announced that they will be filing the financial and operating results for FY 2005, FY 2006 and nine-months ended September 2007 with the Securities and Exchange Commission in the process of moving to the OTCBB.
Kenneth Hurley, Signature Devices Chief Executive Officer stated, "Over the last three years we have opportunistically invested in our sales and marketing initiatives to expand globally and are enthusiastic about our business strategy. Those investments are just now beginning to show results and we expect to see large financial contributions from those efforts in future quarters."
Mr. Hurley continued, "We are pleased to provide current and prospective shareholders with our corporate and financial information. The financials, including balance sheet, income statements, among other information for the nine months ended September 30, 2007 and annual numbers for 2006 and 2005 will be filed and available for review at the Securities and Exchange Commission's web site at www.sec.gov for the move to the OTCBB. We continue to work with our legal counsel and accountants with respect to becoming a fully reporting company and having our shares trade on the OTCBB."
"Our balance sheet remains strong with only $56K in debt and our goal in 2008 is to achieve greater profitability and grow gross revenues significantly. We will continue our aggressive sales and marketing efforts by seeking new publishing opportunities with our current and prospective business partners. We are also seeing unique opportunities within the gaming industry due to the recent consolidation. We will continue to explore merger and acquisition targets and collaboration agreements on a project-by-project basis," concluded Mr. Hurley.
2008 initiatives include:
A signed a distribution agreement with Navarre to distribute our game titles to Wal-Mart, Best Buy, Game Stop, and Target among others.
Publishing 11 SKU's (Stock Keeping Units) for XBOX, Nintendo DS Titles, Sony PlayStation portable titles, Nintendo Wii title, TAS and 2 to 3 PC titles.
Launch PhatYaffle.com, a PC digital online distribution system.
Project names for six new games — "Arctic Rush", "Starship Ranger", "Galactic Teddy 2", "Funny Chewer", "Blow Up" and "Quick Brick".
Graffiti Entertainment, our wholly owned subsidiary, intends to expand its product offerings and partnerships by agreeing to publish video games based on films and documentaries.
Agreement with Studio Archcraft to publish their title "Project Exile," a real time tactical combat Role-Playing Game for the Nintendo DS. Our plans are to have the game on shelves in February of 2008. Project Exile will ship in two languages, English and French, with four more languages to follow: Spanish, German, Italian and Japanese.
Note: Audited Financials are also available online at http://www.signaturedevices.com/ in the Investor Relations section.
Revenues for the year ended December 31, 2005 were $1,024,984. Gross Profit for the year was $1,024,984. Operating income for the year, excluding stock based compensation expenses was $227,168.
Revenues for the year ended December 31, 2006 were $1,169,017 a 12.3% increase over 2005. Gross Profit for the year was $1,098,180. Operating income for the year, excluding stock based compensation expenses was $47,446.
Revenues for the nine months ended September 30, 2007 were $549,828. Gross Profit for the nine-month period was $478,998. Operating loss for the nine-month period, excluding stock based compensation was $292,645. Significant Revenues for the year are geared toward the 4th quarter as the gaming industry is cyclical and there should be significant increase in 2007 numbers. The loss is attributed to development costs for console video games scheduled to ship in 2008. Full year numbers for 2007 should be available just after the New Year.
CHINA JIANGSU GOLDEN (OTC: CJGH)
"Up 647.51% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CJGH.php
China Jiangsu Golden Horse Steel Ball, Inc., is one of the leading corporations manufacturing steel balls bearings in China, and it is also an enterprise producing stainless steel balls appointed by the coal industry department. The major products include steel balls bearings classified as G5,G10,G16 with the specifications of Φ1.0mm ～ Φ31.75mm and stainless and carbon steel balls with various specifications. These products are registered as "XI Ball" brand. Golden Horse Steel Ball manufactures various kinds of non-standardized steel balls and a highly effective vibration isolating lubricant. Our company currently employs 350 employees, of which 50 employees are engineers. The company's headquarters resides on a 20,000 square meter area of land. The steel balls manufactured by our company corporation have been awarded products of quality certificate and clinched the title of famous products produced by township enterprises of Jiangsu province. In recent years, through the cooperation with THT professional steel balls manufacture enterprise (Japan), the level of management, manufacturing processes and techniques has been increased continuously. The quality of steel balls is up to the top world-class and earns very good reputation among the steel balls manufacturing companies. In 1997 the corporation had obtained the Certificate ISO9002 Quality System issued by the China Quality Recognition Center, and we had got the certification to self export and import freely from abroad in 2001. Now the corporation has been awarded the Certificate of Recognition by the American QS9000 Quality System as well as TS16949 from UK IRQA in Jan. 2006. After being assessed by the Jiangsu Far Eastern International Certified Valuators Corporation Ltd., we have been ranked as AAA Enterprise of the year 2003. The manufacturing scale of the corporation is on the list of the ten biggest steel ball bearings manufacturing factories and our quality is one of the top five in China. The corporation positively introduces new technique and material to develop new products and has developed 15 new products, such as stainless steel balls, aluminum and ceramics balls. In addition, the corporation is expanding foreign trade business and its products have been exported to over twenties countries and areas, including America, Japan, Spain, Italy and India, Brazil Australia, Germany, Taiwan, Hongkong, Vietnam and others.
CJGH News:
December 20 - China Jiangsu Golden Horse Steel Ball Announces Corporate Update
China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, announced a corporate update.
"The change of our corporate name and ticker symbol on October 5, 2007 marks a new beginning for our Company," said Golden Horse Chairman and President, Qiang Ma. The Company changed transfer agency from American Registrar & Transfer Co. to Global Sentry Equity Transfer Inc.
Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.
Mr. Ma further stated, "Our Company has focused solely on the production of steel balls, since our founding in 1987. Today we are one of China's largest producer and a leading specialized manufacturer in this area. Our high technical standards, our drive for quality improvements, and our efforts to reduce production costs, have earned us respect. In turn, we have always held our customers in the highest regard. We have gained trust with not only leading bearing manufacturers in China, but with bearing manufacturers throughout the world. Our position as a leading company in this field has allowed us to improve both the technology and the standard of steel balls. As always, we strive for the highest goal. Our company goal is to continue to improve our technical skills and to provide the best for society. Golden Horse Steel Ball believes its future will be built by people who combine a desire to improve their own skills with the desire to achieve their best."
UNIVERSAL DETECTION TECHNOLOGY (OTCBB: UDTT)
"Up 10.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/UDTT.php
Universal Detection Technology engages in the research and development of bioterrorism detection devices in the United States. The company primarily offers the BSM-2000 device, an automated real-time bacterial spore detector, used for detection of abnormal levels of airborne endospores, such as anthrax. BSM-2000 is designed to provide unattended monitoring of airborne bacterial spores in public places, with real-time automated alert functionality. Universal Detection Technology also offers anthrax detection test kits, training material and references, and training DVDs and videos, as well as event security, research, and consulting. The company, formerly known as Pollution Research and Control Corporation, was founded in 1971. The company is headquartered in Beverly Hills, California.
UDTT News:
December 20 - Universal Detection Technology Receives Multi-Threat Contract to Supply Counter-WMD Training and Technologies to Dubai Company Including Biological and Radiological Detection Devices
Contract Valued Over $50,000 to Supply Persian Gulf Company With Education, Training and Products for Security Against Chemical, Biological, Radiological and Nuclear 'CBRN' Threats
Universal Detection Technology (OTCBB: UDTT) (Frankfurt: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, announced that it has received an order worth over $50,000 from Gulf Security Solutions (GSS) to supply counter-WMD education, training and products. The contract includes detection items, threat assessment and response planning to various WMD threats. It is expected to be fulfilled within the first quarter of 2008.
“We are delighted to receive such a large contract for our counterterrorism solutions. This is a major step in our quest to be a leading provider of quality solutions to the growing threat of CBRN types of terrorism. This also represents our largest non-governmental contract for our security devices and services,” said Mr. Jacques Tizabi, UDTT's Chief Executive Officer.
UDTT recently announced that the Patent for Company's Anthrax Detection technology used in its BSM-2000 system was granted by the United States Patent and Trademark Office (USPTO). The Patent is for an invention titled “bacterial endospore quantification using lanthanide dipicolinate luminescence” and has been filed under USPTO Number 7,306,930. The inventor is Dr. Adrian Ponce, the Deputy Manager for the Planetary Science and Life Detection Section at NASA's Jet Propulsion Laboratory. The United States Government Accountability Office (GAO) conducted a study of the technology in 2003 and concluded that the technology would be a lot cheaper to operate to the current DNA analysis units at use at U.S. Postal facilities. The technology has also been evaluated in numerous peer reviewed scientific journals such as IEEE Magazine. The technology was also featured in the 2005 edition of NASA's Spinoff magazine that highlights significant technologies that were commercialized through NASA's technology transfer program.
GLOBAL INNOVATION CORPORATION (OTCBB: GINV)
"Up 60.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GINV.php
Global Innovation Corp., through its subsidiary, Best Circuit Boards, Inc., engages in the design, engineering, and manufacture of printed circuit boards principally in North America. It principally offers multilayer printed circuit boards, including antenna and metalback radio frequency circuit boards. The company's products are used in power systems, telecommunications, computer hardware, consumer electronics, and instrumentation and controls, as well as in satellite communications, avionics, missiles, smart bombs, defense systems, and radar detection and test equipment. Global Innovation markets its circuit boards to various commercial and military markets through direct sales people and manufacturer's representatives. Its customers primarily include original equipment manufacturers and electronic manufacturing service companies. Global Innovation also sells its products to customers in Canada, China, Denmark, Germany, Mexico, Poland, and the United Kingdom. The company was founded in 1985 and is headquartered in Wylie, Texas.
GINV News:
December 18 - ROO Group Announces Strategic Realignment, Appointment of New CEO, Reduction of Workforce and Board of Directors
Global Innovation Corp (OTCBB: GINV), a leading Electronic Manufacturer Services (EMS) company which designs, engineers and manufactures technologically advanced printed circuit boards, announced its financial results for the first quarter for fiscal year 2008.
Revenue: Net sales decreased to $8,439,772 for the three months ended October 31, 2007 from $9,422,696 for the same period in 2006, a net decrease of $982,924 or 10%. The decrease is due primarily to a reduction in revenue from our largest customer of approximately $1.5 million offset by increased sales of approximately $500,000 from the remainder of our top twenty accounts. The reduction in sales to our largest customer is a result of moving some of their production units to China combined with an overall decrease in the demand requirements for that product. The increase in revenue to the remaining customers is a result of the change in the technology mix that generates higher revenues. This increase is attributable to the new equipment and processes that have been implemented over the last several quarters.
Gross Profit: Gross profit for the three months ended October 31, 2007 was $1,789,845 compared to $1,746,652 for the same period in 2006, an increase of $43,193 or 2.5%. Gross margin increased from 19% for the three months ended October 31, 2006 to 21% for the same period in the current year. The increase in gross profit percentage is a result of the implementation of our strategy to outsource lower margin products and increase the level of technology within the existing capabilities of our Wylie manufacturing facility. The increase in gross profit dollars on approximately $1 million less in revenue provides the response that was expected when these initiatives were implemented over the last several quarters. As we are able to further implement these strategies, we expect to see both revenue and gross profit improve.
Income: Net income available to stockholders for the three months ended October 31, 2007 increased approximately $17,000 from $85,224 for the same period in 2006 to $101,578. While revenues were down from the same period in the prior year we were able to achieve a slight increase in net income. The increase is a result of the improvement in gross profit and a continued focus on controlling costs.
UNIVERSAL PROPERTY DEVELOPMENT AND ACQUISITION CORPORATION (OTCBB: UPDA)
"Up 37.50% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/UPDA.php
Universal Property Development and Acquisition Corporation (UPDA) operates as a publicly funded oil and gas company that targets projects with high net revenue interests and proven energy reserves, where risk has been substantially reduced by technical evaluation and geophysics. The company, through its subsidiaries, engages in the acquisition, production, development, storage, distribution, and blending of oil and natural gas. UPDA, through its subsidiary, Canyon Creek Oil & Gas, Inc., owns approximately 63 wells on 2,772 acres located in the Ft. Worth Basin and other parts of Texas. Its subsidiary, Catlin Oil and Gas, Inc., owns 65 wells covering approximately 3,000 acres in Jack County, Texas. In addition, Ambient Wells Services, Inc., another UPDA subsidiary, performs oil and gas field services and well drilling operations, as well as work-over program on various UPDA properties. In addition, the company owns an oil and gas gathering system that includes approximately 85 miles of pipeline. As of December 31, 2006, UPDA had proved reserves of approximately 15,714 barrels of oil and 109,983 thousand cubic feet of natural gas. The company was incorporated in 1982 as Tahoe Lake Concession and changed its name to BAOA, Inc. in 1983. Further, it changed its name to Call Solutions, Inc. in 2000; to Procore Group, Inc. in 2003; and to Universal Property Development and Acquisition Corporation in 2005. The company is based in Juno Beach, Florida.
UPDA News:
December 20 - Universal Property Development and Acquisition Rated a 'Speculative Buy' with Target Price of $0.16 by Beacon Equity Research
Universal Property Development and Acquisition (OTCBB: UPDA) has been rated a Speculative Buy with a price target of $0.16 by Beacon Equity Research Analyst, Lisa Springer, CFA.
The full report is available at www.BeaconEquityResearch.com.
Those interested in receiving alerts regarding Universal Property Development and Acquisition research should email members@beaconequityresearch.com with “UPDA” in the subject line.
In the report, the analyst writes, “Universal Property Development and Acquisition Corporation (UPDA) is engaged in exploration, development, production, storage, distribution, and blending of oil and natural gas. UPDA operates as a holding company, where it owns the controlling interest, which provides funding to develop proven energy reserves and cutting edge technologies. Through this business model, UPDA is able to better expand its portfolio of assets and broaden its base of knowledge and experience.”
GLOBAL LINKS CORPORATION (OTC: GLLK)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GLLK.php
Global Links Corp. is a diversified company which has operations in Nevada, where it holds a commercial office building, Real Estate Gallerie, ltd., a full service real estate brokerage firm, and in Arizona where it holds approximately 1000 residential lots located in Kingman, Ariz., where it plans to build energy efficient, affordable, senior housing, and is developing affordable housing for the international community. In addition, the company is completing its R-E-Info.net foreclosure information website.
GLLK News:
December 20 - Global Links Corp. to Acquire Multi-Million Dollar Title Company in Move to Capture One-Stop Real Estate Network
Global Links Corp. (OTC: GLLK) announced that the board of directors has approved a plan to acquire Southwest Title Company www.swtitle-nv.com. The company has signed a letter-of-intent and will finalize a definitive agreement during the first week of January 2008.
"The forward move in the real estate industry is to offer superior one-stop service. With our new subsidiary, the Real Estate Gallerie, Southwest Title will be a huge complement and industry advantage. Southwest Title management will stay in place. This kind of talent and experience would normally come at a very high price. This is the time to find the great opportunities that will give us a tremendous advantage in a very short period of time," stated Frank Dobrucki, CEO of Global Links.
"I am looking forward to a mutually rewarding relationship and continuing to play an active role in the future of Southwest Title Company," stated Dale Puhl, CEO of Southwest Title Company.
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