Dallas, TX 1/2/2008 10:31:45 AM
OTCPicks.com Stocks to Watch for Wednesday, January 2nd AVAL, JADE, GNVN, WNBD, AVNT
Our Stocks to Watch tomorrow include Avalon Capital Holdings Corporation (OTC: AVAL), LJ International Inc. (NASD: JADE), Geneva Financial Corp. (OTC: GNVN), Winning Brands Corporation (OTC: WNBD), Aventura Holdings, Inc. (OTCBB: AVNT).
Visit http://www.otcpicks.com/ to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts
AVALON CAPITAL HOLDINGS (OTC: AVAL)
"Up 63.16% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/AVAL.php
Avalon Capital Holdings Corporation, through its subsidiaries, develops, markets and distributes high-performance trading software for financial companies that engage in online trading. The Company offers products related to the Foreign Exchange ("Forex"), the world's largest capital market according to The Bank of International Settlements. For additional information please visit http://www.avaloncapitalholdings.com/ or email info@avaloncapitalholdings.com.
AVAL News:
December 28 - Avalon Capital Holdings Adds Contracts for Difference 'CFDs' to Trading Platform
Avalon Capital Holdings Corporation (OTC: AVAL) and its wholly owned subsidiary, Traders Development LLC, announced the addition of the financial instrument known as Contracts for Differences, or "CFDs", to the Company's proprietary Avalon FX Pro(tm) 4.1 Trading Platform.
By introducing CFDs, Avalon Capital Holdings, and its wholly owned subsidiary, Traders Development LLC, intend to broaden the range of firms that will utilize the Avalon FX Pro(tm) Trading Platform. The trading of CFDs has grown tremendously over recent years especially in the European and Asian markets. According to industry research, CFD-related hedging is estimated to account for more than 25% of the volume on the London Stock Exchange. The Company foresees growth in CFDs to continue as electronic trading becomes more accessible to individual investors.
In making the announcement, Mitchell Eaglstein, COO of the Avalon Capital Holdings Corporation, stated, "We are offering CFDs in response to market demand for the integration of CFDs with Foreign Exchange Trading through a single trading platform. Furthermore, the Company views CFDs as an opportunity to capitalize on recent growth trends in the CFD market space and enhance the range of services provided to our clients. In the future, we plan to add more trading instruments to the Avalon FX Pro(tm) Trading Platform."
ABOUT TRADERS DEVELOPMENT, LLC
Traders Development, LLC is a financial software company based in Irvine, California. Traders Development plans to be a leading technology provider of foreign exchange trading and data solutions to trading professionals and qualified organizations. Traders Development also provides turn-key or customized solutions to qualified organizations including dealing interface (or graphic user interface-GUI), application program interface (API), back-office processing, database, servers, technical support and upgrades. Traders Development has developed and owns its proprietary Forex trading platform, Avalon FX Pro(tm). For additional information contact info@tradersdevelopment.com.
LJ INTERNATIONAL (NASD: JADE)
"Up 64.84% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/JADE.php
LJ International, Inc. and its subsidiaries engage in the design, manufacture, marketing, distribution, and retail of precious and color gemstones, as well as diamond jewelry. It specializes in offering colored jewelry, which includes pieces set in yellow gold, white gold, platinum, or sterling silver; and adorned with colored stones, diamonds, pearls, and precious stones. The company's product line includes earrings, necklaces, pendants, rings, and bracelets. It distributes its products to fine jewelers, department stores, national jewelry chains, and electronic and specialty retailers in North America and western Europe. The company also involves in the retail of jewelry through the ENZO brand in the Asia Pacific region. In addition, it owns commercial and residential properties in Hong Kong, which are held primarily for lease. LJ International was founded in 1987 and is based in Hung Hom, Hong Kong.
JADE News:
December 28 - LJ International Announces First Half Fiscal 2007 Financial Results
LJ International Inc. (NASD: JADE) (LJI), a leading jewelry manufacturer and retailer, announced financial results for the Company's first six months ended June 30, 2007.
Revenues for the first six months ended June 30, 2007 totaled $67.16 million, up 34% from $50.10 million in the first six months of 2006. Net income for the first six months ended June 30, 2007 was $1.83 million, or $0.08 per fully diluted share, up 60% on a per-share basis from $0.95 million, or $0.05 per fully diluted share, in the first six months of 2006. The majority of the rise in revenues for the first half of 2007 was primarily due to the growth of LJI's ENZO retail division, which currently has 93 retail stores in operation across Greater China.
LJI's overall gross profit in the first six months of 2007 rose to $19.32 million, or 29% of revenues, from $13.10 million, or 26% of revenues, in 2006 primarily as a result of the Company's higher-margin ENZO revenue mix.
Selling, general and administrative (SG&A) expenses for the first six months of 2007 totaled $15.06 million, up from $10.90 million in the first six months of 2006. The increase was due to increased advertising, rental, staffing and other costs stemming from ENZO's increased store count as well as higher corporate-level expenses, including legal and professional advisory services.
To be added to LJI's investor lists, contact Haris Tajyar at htajyar@irintl.com or at 818-382-9702.
GENEVA FINANCIAL CORPORATION (OTC: GNVN)
"Up 81.32% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/GNVN.php
Geneva Financial Corp. (formerly PMCC Financial Corp.) is a specialty consumer mortgage banking company providing a broad array of residential mortgage products mostly to prime credit borrowers seeking conventional loans. Through its wholly owned subsidiary, Geneva Mortgage Corp. (formerly PMCC Mortgage Corp.), the company currently operates its mortgage banking activities through a wholesale loan operation that originates loans through independent mortgage brokers, and a retail loan operation that originates loans primarily through the use of the Internet.
GNVN News:
December 31 - Geneva Financial Announces Private Investment Proposed Change of Name and New Chief Executive Officer
Geneva Financial Corp. (OTC: GNVN), a specialty consumer mortgage banking company, reported that, subject to approval by its Board of Directors and stockholders, it intends to change its name to CAPGO Financial Group Incorporated to reflect the more diversified lending platform that the company and its subsidiaries intend to pursue. In addition, the company's newly formed subsidiary, Progressive Real Estate Solutions Corp. ("PRESCO"), intends to exploit opportunities in the distressed, non-performing and foreclosed residential loan markets and to originate loans in the hard-money and commercial sectors.
GNVN also announced that the anticipated name change follows recent debt and equity investments aggregating $1,500,000 by West End Special Opportunity Fund LP., a private equity investor, and certain affiliates. The company anticipates, subject to certain conditions, investment of an additional $500,000 by West End and/or such affiliates in the near future. Based on the terms of existing stock purchase and other agreements, it is also anticipated that, subject to certain conditions, West End and/or such affiliates may invest up to an additional $1,000,000 and would become a majority stockholder of the corporation.
"In light of the company's business objectives, we believe that the financial support of West End will accelerate the pace of the company's business diversification in 2008" said Stanley Kreitman, Geneva's Chairman of the Board.
Geneva also announced that it is anticipated that, subject to approval by the company's Board of Directors, Robert Beller, a member of the company's Board of Directors, will be 1956349-6 elected to the office of Chief Executive Officer of the company. It is anticipated that Mr. Beller will also serve as Executive Vice President and General Counsel of West End.
Mr. Beller stated that " ... although 2007 was a challenging year for the mortgage industry, our mortgage banking operating subsidiary moved aggressively to adjust to market conditions, achieve efficiencies, and to expand its offering of mortgage products. We see real opportunity in the reverse mortgage and FHA loan sectors in 2008 and are pleased to have gotten PRESCO started. While we remain cautious about the overall mortgage environment, we are optimistic about our ability to grow and to diversify the base of our business operations."
WINNING BRANDS CORPORATION (OTC: WNBD)
"Up 95.45% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/WNBD.php
Winning Brands Corporation is an environmental company with a mission to replace hazardous chemicals in widespread use with safer alternatives. Its product range includes a variety of environmentally responsible cleaning solutions, including the non-toxic SMART(TM) Wet Cleaning Solutions alternative to Perchloroethylene used in Dry Cleaning, KIND(TM) Laundry Products and others to be launched in logical sequence in years to come.
WNBD News:
December 28 - Successful Initial Production at Surefil by Winning Brands
Home Depot Canada Aisle Displays of Winning Colours(R) Stain Remover Being Filled
Winning Brands Corporation (OTC: WNBD) (http://www.winningbrands.ca/) reports that initial production of its Winning Colours(r) Stain Remover was blended on schedule and without incident at the previously announced new manufacturing facility in Grand Rapids, Michigan in December as forecast. Surefil LLC of Grand Rapids, Michigan (http://www.surefil.com/), a top rated custom manufacturing facility, was able to produce the first 1/2 truckload batch on December 27th in a fraction of the previously required time, for packaging January 2nd and delivery to the distribution pipeline during the first week of January. This initial production was earmarked for use by Home Depot Canada to fill new custom metal aisle display stands of Winning Colours(r) Stain Remover for testing at 100 stores; a merchandising concept requiring 9,240 32oz bottles. The M.S.R.P. value of these bottles to consumers is $91,938.00. Other stores to be announced in due course are also testing a smaller number of these new merchandising displays.
Winning Brands and Surefil are treating their strategic relationship as a model to illustrate the capabilities of both companies. In the case of Winning Brands, this capability relates to the design of environmentally progressive solutions that have profound long term growth potential - and developing its branding strategies to justify breakthrough relationships with top retailers. In the case of Surefil, the capability being illustrated is super-efficient production capacity utilization for the benefit of brand partners. In the words of Surefil CEO Bill Hunt - "Surefil's carefully planned expansion will allow us to keep up with Winning Brands capacity demands, in turn allowing them to scale up to meet the needs of even the most senior retail chains in the world. Currently, we have 125 million units of planned production capacity with more than 50 million units of capacity already in use by qualified brand partners like Winning Brands. If more capacity is required, we will expand and install new production lines."
Winning Brands CEO Eric Lehner favours this form of production capacity for the benefit of shareholders. "Our retail investors know that we need to raise capital from the market. They will accept and support this as long as the capital that we obtain is put to good use and grows the value of our brands through marketing methods. This increases the value of Winning Brands by a greater amount than the investment itself. That is true growth. By letting Surefil apply their capital to be tops in production expertise and Winning Brands apply its capital to be tops in brand strategy development, then the stakeholders in both organizations get the most for their money."
Winning Colours(r) Stain Remover achieved initial distribution in the Paint & Decorating sector as an eco-solvent that is exceptionally kind to skin and to surfaces that would ordinarily be off-limits to conventional solvents. Initial results from early marketing have revealed that consumers have been expanding their uses of Winning Colours(r) Stain Remover into a wide range of additional applications. Accordingly, Winning Brands has revised its label for 2008 to suggest this wider range of uses at the point-of-sale and facilitate listing by retailers in sectors beyond Paint & Decorating. Winning Colours(r) Stain Remover is being positioned to become North America's favourite stain remover. Winning Brands has begun to use the phrase "Got Stains?" on its merchandising, packaging and advertising of Winning Colours(r) Stain Remover to make the existence of stains and Winning Colours(r) Stain Remover an automatic association.
AVENTURA HOLDINGS (OTCBB: AVNT)
"Up 50.00% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/AVNT.php
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 Miami, Florida.
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.
ABOUT OTCPICKS.COM
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Disclaimer:
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.
Release of Liability:
Through use of this website viewing or using you agree to hold OTCPicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. OTCPicks.com has not been compensated by any of the companies covered in this release. For a complete list of disclosures go to http://www.otcpicks.com/disclosure_details.php. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCPicks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCPicks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. OTCPicks.com and its affiliates are not registered investment advisors or a broker dealers. OTCPicks.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor's sole risk. OTCPicks.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. OTCPicks.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through OTCPicks.com. OTCPicks.com owners may or may not hold positions in the companies that are profiled.
The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.
Third Party Web Sites and Information:
OTCPicks.com and newsletter may provide hyperlinks to third party Web sites or access to third party content. OTCPicks.com does not control, endorse, or guarantee content found in such sites. You agree that OTCPicks.com is not responsible for any content, associated links, resources, or services associated with a third party site. You further agree that OTCPicks.com shall not be liable for any loss or damage of any sort associated with your use of third party content. Links and access to these sites are provided for your convenience only.
