Our Stocks to Watch tomorrow include Aventura Holdings, Inc. (OTCBB: AVNT), GS AgriFuels Corporation (OTCBB: GSGF), Sentra Consulting Corp. (OTCBB: SCNU), Lattice Incorporated (OTCBB: LTTC), QMed, Inc. (NASD: QMED) and eWorld Interactive, Inc. (OTCBB: EWIN).
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AVENTURA HOLDINGS (OTCBB: AVNT)
"Up 333.33% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes
Aventura Holdings, Inc., an investment holding company, provides automobile loans to consumers. The company offers its products through automobile dealers who benefit by selling used or pre-owned vehicles to consumers who otherwise could not obtain conventional financing. Aventura Holdings is based in
AVNT News:
December 27 - Aventura Acquires Technology and Marketing Rights
Aventura Holdings, Inc. (OTCBB: AVNT) announced the acquisition of technology and marketing rights for an IPTV solution for broadcasters and content providers from IPWebTV, Inc., a Delaware Corporation.
Craig A. Waltzer, Chief Executive Officer for Aventura, said, “The IPTV broadcast technology acquired by Aventura from IPWebTV, Inc. (Delaware) is the first strategic purchase towards the Company's future direction. Aventura plans to capitalize on its new property by marketing custom infrastructure solutions to Internet Service Providers ('ISP') and Content Service Providers ('CSP'). Aventura will operate the business under a newly formed wholly-owned subsidiary IPWebTV, Inc., a Florida Corporation.”
Waltzer stated, “The market for IPTV solutions is in its infancy and the market has caught the eye of Information Technology industry leaders. The bellwethers such as Cisco, Microsoft, Alcatel and Motorola have all launched product offerings on the hardware, software or solution side of the equation.”
Waltzer further stated, “According to an Infonetics Research report, worldwide subscribers are predicted to swell to 53 million by 2009 with service providers investing rapidly on IPTV content and transport equipment. The Infonetics report projects in 2009, $26 billion in capex expenditures for IPTV infrastructure.”
Waltzer concluded: “The Company anticipates immediately generating revenues as it has a ready-for-market solution. At the early stages, sales of the product shall focus on back-end operations, by providing testing and verification hardware and software solutions to broadcasters and carriers in the IPTV space. We believe that this niche market provides several unique opportunities for Aventura to grow out the business model. The Company will continue to seek out strategic opportunities domestically and abroad and team with other industry leaders to build on its newest platform of product offerings and expand that research to include content delivery systems.”
The purchase price for the transaction is five hundred (500) Shares of Non-Voting Convertible $0.001 Par Value Preferred Stock (the “Preferred Stock”) of the Company. The Preferred Stock is convertible into 500 Million Shares of the Company's Common Stock.
ABOUT IPWEB TV
IPWebTV, Inc. is an industry leading designer, developer and manufacturer of streaming media fixed and mobile solutions for the broadcast, satellite and IP marketplace.
GS AGRIFUELS CORPORATION (OTCBB: GSGF)
"Up 52.38% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes
GS Agrifuels Corporation, together with its subsidiaries, engages in the manufacture and sale of proprietary agrifuels and renewable energy production equipment. It is also developing facilities to produce and sell clean fuels and energy and other agri products. In addition, the company engages in the development and marketing of esterification and transesterification biodiesel process technologies; and the production and sale of oleic safflower, sunflower, canola, and other vegetable oils. It serves developers of renewable fuel production facilities. The company was incorporated in 2000. It was formerly known as Hugo International Telecom, Inc. and changed its name to GS AgriFuels Corporation in 2006. The company is headquartered in
GSGF News:
December 27 - GS CleanTech to Take GS AgriFuels Private
Transaction Will Mark Completion of GreenShift's Restructuring
GS CleanTech Corporation (OTCBB: GSCL) and its majority-held subsidiary, GS AgriFuels Corporation (OTCBB: GSGF), announced GS CleanTech’s plan to transfer its interest in the capital stock of GS AgriFuels to a new wholly-owned subsidiary of GS CleanTech. After the transfer, the new GS CleanTech subsidiary will merge GS AgriFuels into itself in accordance with the short-form merger procedures provided in Section 253 of the Delaware General Corporation Law. All non-affiliated minority shareholders of GS AgriFuels will receive a cash payment of $0.50 per share as a result of the merger and will thereafter cease to be shareholders of GS AgriFuels. GS AgriFuels will, therefore, cease to be a public company at the conclusion of these transactions.
The completion of these transactions is subject to the consent of GS CleanTech’s and GS AgriFuels’ senior creditor, YA Global Investments, L.P. (“Global”). GS CleanTech expects to obtain this consent in the near term, based on recent favorable discussions with Global. If the consent is obtained by early January, GS CleanTech expects that it will declare a definitive date for the merger during January 2008, and that it will complete both the merger and the cash distribution within the first 6-8 weeks of 2008.
The short-form merger of GS AgriFuels will be part of a series of transactions that GS CleanTech expects to complete in the next few weeks, involving the restructuring of GS CleanTech’s existing debt and the closing of new financing to support the ongoing construction and operation of GS CleanTech’s various corn oil extraction systems.
Background on GS AgriFuels Transaction:
Ed Carroll, GS AgriFuels’ chief financial officer, said that “We have been burning too much cash at the corporate level administering multiple public entities. We believe that taking GS AgriFuels private, along with the other restructuring steps we have taken during the past 60 days, will significantly reduce corporate overhead, while streamlining our operations and alleviating the confusion that our multiple entities cause to both our clients and our shareholders.”
Kevin Kreisler, chairman of GS CleanTech and GS AgriFuels, added: “The elimination of confusion has been a chief goal of our restructuring, as minority shareholders in each company have expressed concerns regarding the relationship between GS CleanTech and GS AgriFuels.”
In late 2006, GS AgriFuels acquired NextGen Fuel, Inc. (“NextGen”), a development stage company that had developed proprietary and patent-pending technologies for the high efficiency transesterification of qualified oils and fats into biodiesel. While the NextGen reactor is an elegant, robust and proven technology, upstream and downstream processes are required to prepare targeted oils and fats before reaction and to purify the fuel after reaction. GS CleanTech’s engineers have either redesigned or designed nearly all of the upstream and downstream processes used in conjunction with the NextGen reactor today. Moreover, since NextGen never had its own engineering, manufacturing, installation, commissioning or any other technical staff after the acquisition, GS CleanTech’s engineering and manufacturing teams have conducted virtually all of NextGen’s operations since early 2007. Significantly, GS CleanTech’s staff is directly responsible for GS AgriFuels’ third quarter profits.
Kreisler continued: “The degree to which GS CleanTech’s and GS AgriFuels’ operations are integrated and the extent to which GS AgriFuels relies on GS CleanTech’s engineers raises issues for the GS CleanTech shareholders that must be resolved. After reviewing a variety of alternatives, we concluded that the most equitable way to resolve these issues is for GS CleanTech to take GS AgriFuels private for fair value.”
“We also believe that the combined benefit of GS AgriFuels’ and GS CleanTech’s commercialized technologies will be more effectively realized and translated into increased shareholder wealth by taking GS AgriFuels private. Once this transaction is completed, the value proposition presented by GS CleanTech’s various biofuels technologies and operations will no longer be diluted and spread across multiple publicly listed entities – it will be concentrated in one company: GS CleanTech.”
Completion of Restructuring:
The completion of the short-form merger will mark the completion of GreenShift’s accelerated restructuring.
Kreisler concluded: “We are producing cash flows today with technologies that were not in the field a year ago, and our growth rates of sales and earnings show that we can build an extremely exciting and profitable company. With the completion of our restructuring, we believe that our capital structure is now primed to accurately reflect the market value of what we are building and to enhance value for all of our shareholders. We will face considerable risks moving forward as we continue to scale our operations, but we have a strong foundation and I am confident that our team can make a significant contribution to the nation’s efforts to increase the utilization of biofuels.”
ABOUT GS CLEANTECH CORPORATION
GS CleanTech Corporation (OTCBB: GSCL) develops and supports clean technologies and companies that facilitate the efficient use of natural resources. GS CleanTech's ambition is to catalyze the rapid realization of disruptive environmental gains by creating valuable opportunities for a great many people and companies to use resources more efficiently and to be more profitable. GS CleanTech Corporation owns majority stakes in each of GS Ethanol Technologies, Inc., GS AgriFuels Corporation (OTCBB: GSGF), GS Energy Corporation (OTCBB: GSEG) and GS EnviroServices, Inc. (OTCBB: GSEN). Additional information on GS CleanTech is available online at http://www.gs-cleantech.com/ and http://www.greenshift.com/.
SENTRA CONSULTING CORPORATION (OTCBB: SCNU)
“Up 41.67% on Thursday”
Detailed Quote: http://www.otcpicks.com/quotes
Sentra Consulting Corp. does not have significant operations. It intends to engage in the consulting business. The company was founded in 2006 and is based in
SCNU News:
December 26 - Sentra Consulting Corp. Announces Acquisition of Karat Platinum LLC
Sentra Consulting Corp. (OTCBB: SCNU) announced the acquisition of 100% of the membership interests of Karat Platinum LLC, a New York limited liability company which manufactures and sells platinum alloy and platinum jewelry. Sentra issued an aggregate of 30 million shares of common stock to acquire Karat Platinum from its members, or 90.4% of the issued and outstanding share capital. As a result of the acquisition, Karat Platinum became a wholly-owned subsidiary of Sentra.
David Neuberg, one of the founders of Karat Platinum and its newly appointed CEO and a Director of Sentra, commented, "Our relationship with Sentra gives us the opportunity to realize the full potential of our revolutionary new platinum alloy. As a subsidiary of a public company, we enhance our credibility and leverage when dealing with both suppliers and customers."
Karat Platinum, co-holders of a patent pending for the manufacture of a platinum alloy containing 58.5% platinum and 41.5% cobalt and copper, claims the new alloy, referred to as 14 Karat Platinum®, has certain properties that make it superior to the 95% platinum used in the jewelry industry today. These include, lower cost, improved castability, and greater durability.
"This new platinum alloy is considered to be one of the most significant innovations in the jewelry industry in the past one hundred years," states Philip Septimus, Chairman of Sentra Consulting. "We believe that marketplace acceptance of 14 Karat Platinum® will follow the same path as the popularity of 14 Karat gold which now dominates the jewelry market."
LATTICE INCORPORATED (OTCBB: LTTC)
"Up 39.47% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes
Lattice Incorporated, through its subsidiaries, engages in the design, development, and implementation of business management applications, integration technologies, and enterprise geospatial systems in the
LTTC News:
December 26 - Lattice Announces Record Backlog of $84.0 Million
Lattice Incorporated (OTCBB: LTTC) (“Lattice” or the “Company”), a provider of advanced information and communications technology solutions to key government agencies and enterprise customers, is announced that the Company’s backlog of contract wins reached a record $84.0 million as of November 30, 2007.
“We are extremely pleased with the progress we have made in the execution of our business plan and with the visibility we have into our revenues going forward,” said Paul Burgess, Lattice’s Chief Executive Officer. “Our ability to win significant contracts demonstrates the strength of our business model and of our customers’ acceptance of our solutions.”
Lattice calculates its backlog as contracts awarded to the Company or its subsidiaries, representing the estimated revenues it expects to derive from these contracts over their remaining lives. The Company’s backlog is not necessarily funded and there is no guarantee these revenues will be realized.
QMED INCORPORATED (NASD: QMED)
"Up 23.08% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes
QMed, Inc., together with its subsidiaries, provides evidence-based clinical information management systems to health plans and government in the
QMED News:
December 27 - QMed, Inc. Announces the Termination of Its New Jersey Special Needs Plan
QMed, Inc. (NASD: QMED) announced that its subsidiary, QMedCare of New Jersey, Inc., is concluding its involvement in the Special Needs Plan in
The Company is continuing the process of refocusing efforts on its disease management business and government demonstration projects.
EWORLD INTERACTIVE (OTCBB: EWIN)
"Up 21.57% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes
eWorld Interactive ("eWorld") is a second-generation media and entertainment portal in Mainland
EWIN News:
December 27 - eWorld's Lottery Division Completes R&D on New Gaming Platform
eWorld Interactive, Inc. (OTCBB: EWIN) (the "Company" or "eWorld"), announced that its Chinese Lottery management team within the Company's interactive lottery division announced today the completion of the research and development phase of a new lottery and gaming platform developed in anticipation of the recently approved Olympic Lottery by the Beijing Olympic Organization Committee.
The new platform architecture comprises a network of secure servers and proprietary software capable of handling large transaction volumes and integrates dedicated functions designed to handle game distribution management, real time monitoring and in-depth analysis of sporting results.
The deployment of the new platform will provide for significant expansion at eWorld's lottery division. The system consists of several interrelated key management modules, segmented into overall lottery management, financial administration, individual user controls, system diagnostics and analysis, and news management modules.
Each module offers a number of additional features and capabilities including the ability to manage multiple lottery games, their timing, content and prize databases, along with integrated financial management that administers the balance sheets across yearly, monthly, weekly or daily periods of every single lottery game, including cash flow of each individual user account. User management captures opt-in personal information, classifies the users and assigns commission to users. The user functionality also manages the retail agencies; traces the cash flow on every single operator, and provides up-to-the-minute reports based on each agencies performance.
"This is an important addition to the eWorld platform," said Guy Peckham, CEO of eWorld. "It has an excellent and culturally sensitive user-friendly interface; the functional back-end is very logical and clear. It is a well designed and developed system. It will certainly deliver lottery players loyalty, retention and revenues. This platform anticipates the accelerated needs of
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