Dallas, TX 1/8/2008 2:12:00 PM
OTCPicks.com Stocks to Watch for Tuesday, January 8th IDGJ, PRPL, EFCR, AFFN, ETEV, CJGH
Our Stocks to Watch tomorrow include IDGLOBAL (OTC: IDGJ), Park Place Energy (OTCBB: PRPL), EGPI Firecreek, Inc. (OTCBB: EFCR), Affinity Networks, Inc. (OTC: AFFN), Ethos Environmental, Inc. (OTCBB: ETEV) and China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH).
Visit http://www.otcpicks.com/ to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts
IDGLOBAL CORPORATION NEW (OTC: IDGJ)
"Up 80.00% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/IDGJ.php
IDGLOBAL provides a range of leading technologies specifically designed to provide private enterprise and governments 100% solutions to their Counterfeiting infections and Loss Prevention/Anti-Theft security programs. IDGLOBAL's Nano-Molecular Markers/Tags(tm) are specifically designed for global anti-counterfeiting applications and its IDFORENSIX(tm) products provide Loss Prevention/Anti-Theft solutions for the annual $800 billion Anti-Counterfeiting and Loss Prevention markets. IDGLOBAL is a forward-looking company with a robust R&D program and product development and integration program for the purpose of providing next-generation Nano-based and leading-edge Anti-Counterfeiting products and Security solutions.
IDGJ News:
January 7 - IDGLOBAL Submits Its Application to the SEC for Listing on the OTC Bulletin Board
IDGLOBAL (OTC: IDGJ) confirmed that on the morning of December 28, 2007, its application was acknowledged and accepted by the U.S. Securities and Exchange Commission (SEC) for up-listing shares to the OTC:BB. IDGLOBAL's legal counsel, Applbaum & Zouvas LLP, completed and submitted IDGLOBAL's application to become a reporting issuer and management is encouraged and hopeful that its application will be accepted and approved in the very near future.
Daryl Regier, IDGLOBAL's President and CEO, stated, "We have worked long and hard on putting in place the reporting infrastructure and accounting procedures that comply and ensure timely release and disclosure of all information on a quarterly and annual basis as required by a reporting issuer to shareholders. It is a critical milestone to migrate our listing to a level commensurate with the sophistication of our growing investor base. Successfully completing a listing on the OTC:BB is one of several key steps IDGLOBAL is pursuing to impress upon investors a new level of credibility and visibility of disclosure."
PARK PLACE ENERGY CORPORATION (OTCBB: PRPL)
"Up 65.87% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/PRPL.php
Park Place Energy is a high impact energy play corporation. Park Place Energy is currently focusing on developing its Canadian assets which include the recently announced major gas find in NE British Columbia Canada. Park Place utilizes its expertise in the oil and gas industry to enhance shareholder value and profitability by pursuing attractive opportunities in the international oil and gas industry. Using the appropriate financial resources and the latest technologies, Park Place Energy, through creative joint ventures and innovative partnerships, has a strategic five-year operating plan to optimize profitability and shareholder value.
PRPL News:
January 7 - Completion of 14-5 Option Well Has Commenced
Park Place Energy (OTCBB: PRPL) announced that Terra Energy Corp. (TSX-V: TTR) of its Eight Mile North Field in Northeastern British Columbia, has informed the corporation that completion of the cased potential Doig gas well, Terra et al Tower 14-5-81-17 W6M well (the "14-5 Option Well") has commenced.
EGPI FIRECREEK INCORPORATED (OTCBB: EFCR)
"Up 65.71% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/EFCR.php
EGPI Firecreek, Inc., through its subsidiary, Firecreek Petroleum, Inc., engages in the exploration, development, and exploitation of crude oil and natural gas primarily in the United States. It also focuses on the development of proved oil and gas projects in Russia, Romania, and Kazakhstan. The company holds a 50% undivided non-operating interest in Ten Mile Draw project, which is located in Sweetwater County, Wyoming. As of January 1, 2007, it had total gross proved reserves of 2,600,056 thousand cubic feet of natural gas. The company has a strategic alliance with Sahara Group, Inc. EGPI Firecreek was founded in 1995 and is headquartered in Scottsdale, Arizona.
EFCR News:
January 7 - EGPI/Firecreek, Inc. Announces $2.1 Million Financing for First Quarter Oil & Gas Development Plans
Financing to Provide for Company's Continued Growth and Structuring Expansion in 2008
EGPI Firecreek, Inc. (OTCBB: EFCR) and its wholly-owned subsidiary, Firecreek Petroleum, Inc. are pleased to announce that it has completed the sale of its Debentures for $2.1 million dollars to initiate the commencement of its oil and gas development plans for the first quarter 2008.
The financing will aid in the anticipated restructuring of the Company's operations, proposed acquisitions and corresponding work programs for new and existing oil and gas programs.
As part of EGPI's restructuring plan, the Company has approved a provision that will allow for the election of up to 5 new members to the Board of Directors. These individuals will consist of industry and finance professionals, and will give the Company an increased breadth of knowledge and credibility in the Oil and Gas industry.
Additionally, as part of the negotiating for its recently completed financing, the Company has successfully completed a wrap up and closure on all equity line sales through its prior financing arrangements. This wrap up is crucial in the Company's commitment to bring value to the shareholders by providing better terms in its current financing commitments and by restructuring any prior funding commitments so as to not suffer any potential dilutive effects, in the form of creating stock into the market by drawing from an equity line. The Company is confident that the closing of the equity line will now give the Company and its stock the potential to trade in parity with the Company's current events and future news releases.
Dennis Alexander, the Company's Chairman and CEO, stated, "We are extremely excited about the future outlook for EGPI/Firecreek. A tremendous effort has taken place in an effort to initiate our plans for Fiscal 2008 and the Company's long term future. We are now aggressively taking steps in an effort to build on the Company's domestic growth for oil and gas revenues and cash flow." Mr. Alexander also stated, "We also look forward to introducing the addition of our new Board members and working side by side with capable individuals who will bring knowledge, capacity and competent assistance in the vision, development and implementation of the Company's current and future business plans."
EGPI Firecreek, Inc. continues review for potential leases, interests and opportunities which are located throughout the U.S. and its surrounding regions. The Company is working on various financial opportunities for the funding of potential project acquisitions and the respective capital expenditure requirements for each.
AFFINITY NETWORKS (OTC: AFFN)
"Up 57.14% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/AFFN.php
Affinity Networks, Inc. (AFFN) has combined major regional golf associations in the United States to operate under one efficient national network of member-based websites. Servicing over 1.4 million affluent private club and registered golf association members, the Company provides Internet communication services, member based benefits and luxury products to association members through the Association Sponsorship Network(TM).
AFFN News:
January 7 - Affinity Networks Inc. (AFFN) Announces Launch of New Member Based Resource Site Golf MD
Affinity Networks, Inc. (OTC: AFFN) CEO, John W. Madigan III, has announced the upcoming launch of Golf MD, its newest addition to the Affinity Networks Internet family of online resources for the professional and amateur golf communities.
Golf MD is an interactive web resource that will offer news and special features covering the travel, health and lifestyle interests of Affinity Networks affluent private club and registered golf association members. Affinity Networks rapidly growing membership base is comprised of one of the most sought after demographics in today's burgeoning 8 billion dollar online advertising marketplace.
Affinity Networks Golf MD will offer top tier advertisers like Lexus, Rolex, American Express, Mercedes and Met Life who are increasingly focused on member based golf communities, a cost effective venue for targeted online ad placement. The targeted audience represents over 60 billion in annual luxury goods and related consumer spending. The new site will also offer sales of an extensive line of golf related products from the major manufacturers through a sub-portal, Swing MD.
Golf MD is scheduled to go live in January 2008 during the 55th annual PGA of America Merchandise show in Orlando, Florida.
ETHOS ENVIRONMENTAL INCORPORATED NEW (OTCBB: ETEV)
"Up 50.00% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/ETEV.php
Ethos Environmental, Inc. engages in the manufacture and distribution of fuel reformulating products. It offers a line of fuel reformulators under the name Ethos FR, which contain a blend of low and high molecular weight esters that add cleaning and lubricating qualities to various fuels or motor oil. The company's products reduce the emissions of hydrocarbons, nitrogen oxides, and carbon monoxide, as well as particulate matter, especially in diesel-powered engines. It sells its products to the users of cars, trucks, and vessels primarily in the United States, Latin America, and Asia. The company was founded in 2000 and is based in San Diego, California.
ETEV News:
January 7 - Ethos Bunker Fuel Conditioner Radically Reduces Carbon Monoxide in PetroEcuador Testing
Product from Ethos Environmental Lowers Carbon Monoxide by More Than 50 Percent
Ethos Environmental, Inc. (OTCBB: ETEV) announced that recent testing performed at PetroEcuador's Esmeraldas refinery has resulted in a more than 50 percent reduction in carbon monoxide emissions with the use of Ethos Environmental's Bunker Fuel Conditioner.
Testing was conducted and monitored by the Center for Technical and Technological Environmental Services, an independent testing agency. The analysis of the testing data complied with approved international standards.
The testing protocol consisted of the addition of Ethos Bunker Fuel Conditioner to the heavy fuel oil powering PetroEcuador's electrical generation plant at Esmeraldas. Lab reports concluded that Ethos Bunker Fuel Conditioner reduced carbon monoxide emissions from the power generation process by more than 50 percent; reductions in other toxic emissions, including a 6.94% reduction in nitros oxide (NOx), also occurred. Furthermore, use of the Ethos Bunker Fuel Conditioner improved the plant's fuel efficiency, requiring less fuel to generate the normal amount of energy.
Ethos CEO Enrique de Vilmorin, expressing pleasure with the PetroEcuador test results, stated, "[w]e're all very impressed with the results from the Esmeraldas protocol testing. I'll be returning to Ecuador in February - to complete some 2007 business, and also to sign supply contracts covering 2008 and 2009."
During 2007, Ethos sales to PetroEcuador and Petro-Industrial exceeded $9 million. Ethos anticipates continued usage of its products by PetroEcuador and Petro-Industrial during the immediate future and beyond.
PetroEcuador, the state-run oil company of Ecuador, has managed the exploration, commercialization and transportation of Ecuador's petroleum resources for more than 25 years. Each month Petro-Industrial - the power generating division of PetroEcuador - consumes 16,000,000 gallons of Heavy Fuel Oil No. 6, with annual revenues exceeding $6 billion.
By significantly reducing carbon monoxide emissions, Ethos Bunker Fuel Conditioner provides a valuable pro-environment solution for industries dependent on heavy fuel oil. When added in proper concentration, the components of Ethos Bunker Fuel Conditioner improve fuel stability and also increase engine performance by cleaning and maintaining the entire fuel system.
Like the Esmeraldas power generation plant, ships burning heavy fuel oil can also benefit from the use of Ethos Bunker Fuel Conditioner. The international marine shipping fleet is a major contributor to the world's greenhouse gas emissions, as recently reported in the Wall Street Journal (Danger at Sea: Ships Draw Fire for Rising Role in Air Pollution, Nov 27, 2007). With the use of Ethos Bunker Fuel Conditioner, the potential exists for significantly reducing these emissions.
CHINA JIANGSU GOLDEN HORSE STEEL BALL (OTC: CJGH)
"Up 42.76% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/CJGH.php
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.
CJGH News:
January 7 - China Jiangsu Golden Horse Steel Ball, Inc. Is Seeking a European Listing
China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH), a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that it is seeking a European listing, specifically on the Frankfurt Stock Exchange. Management feels that this will be an important move in order to broaden the Company's shareholder base and international exposure, and it is part of Golden Horse's international strategy. Listing on the Frankfurt Stock Exchange will provide European investors with an easier access to Golden Horse's stock and will facilitate European investment.
"European investors have a strong interest for investing in both steel and manufacturing companies. Particularly Chinese companies with projects where there is leverage to rising commodity prices plus the blue-sky potential of an aggressive expansion program that can significantly increase revenues. This new listing provides the company with increased exposure to worldwide capital markets," says Qiang Ma, President of China Jiangsu Golden Horse Steel Ball, Inc.
The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. For more information regarding the Frankfurt Stock Exchange, visit http://www.exchange.de/.
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 websites 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.