Our Stocks to Watch today include Cascadia Investments (OTC: CDIN), DealerAdvance™, Inc. (OTCBB: DLAV), IAHL Corporation (OTC: IAHL), Exact Energy Resources, Inc. (OTC: EXER), BioSolar(TM), Inc. (OTCBB: BSRC), Sarissa Resources Inc. (OTC: SRSR)
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CASCADIA INVESTMENTS (OTC: CDIN)
Detailed Quote: http://www.otcpicks.com/quotes/CDIN.php
Company Profile: http://www.otcpicks.com/cascadia-investments/cascadia-investments.htm
Cascadia Investments, Inc. (CDIN) is a publicly traded real estate company, focusing on selecting high-quality, multi-family and residential properties and managing them to provide a superior return rate. These properties are often financially distressed properties (pre-foreclosure, foreclosure, or bank-owed) and are priced at a discount. CDIN is experienced with producing a high rental income by buying, renovating, and then selling or holding real estate, depending on the current market.
Because CDIN is a publicly traded entity and have access to equity markets, it enjoys a competitive advantage over other companies operating in its geographical area. Many of these companies are similar to CDIN in style, but privately-held.
For the past ten years, Cascadia Investments, Inc. has focused its efforts in and around the Pacific Northwest, USA. The company has developed a network of contacts in the Seattle-Tacoma real estate market, while developing a reputation for improving neighborhoods. By renovating distressed properties, CDIN is able to provide safe and affordable residences to our neighbors, improving the quality of living in these areas. The company focuses on acquisition of older properties in residential areas, where market demand is on the rise and crime rates are falling. CDIN specifically targets neglected and abandoned homes and multiplexes that will produce better than average capital gains once they are renovated.
CDIN News:
January 15 - Cascadia Investments, Inc. Provides a Corporate Update
Cascadia Investments, Inc. (OTC: CDIN) is committed to building shareholder value by investing in well selected real estate assets and pro-actively managing each of the properties to increase cash flows and maximize return on capital. In the last year (2007), the company has completed over 2.7 million dollars worth of real estate transactions. This includes 11 properties with 21 rental units located in Seattle and Tacoma, WA.
"The last year was a good year for the company and we hope to not only double the size of our portfolio but to exceed it by 20% in 2008, thereby growing our asset base, boost revenues and increase shareholder value," stated Nazir Maherali, President and C.E.O. of Cascadia Properties, Inc.
DEALERADVANCE (OTCBB: DLAV)
"Up 17.65% 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:
January 17 - DealerAdvance Announces Acquisition
Projects Profitability by Q4 2008 On Sales of over $8.0 Million
DealerAdvance™, Inc. (OTCBB: DLAV) announced that the company has entered into a Letter of Intent to acquire a compatible private company with significant revenue that will enhance every aspect of DealerAdvance™. In his announcement today before analysts, an excited Steven Humphries, CEO said, “We have identified a company operating in the automotive software space that compliments our WebDA™ product. We have come a long way on our own; however this acquisition will surely position our company as the leader in its field. The acquisition will add over 150 clients to our expanding client base.”
The due diligence phase should be completed within 30 days and with capital resources already committed, the company is hopeful to be able to complete the acquisition within 90-120 days.
DealerAdvance™ CFO, David Wange said, “We believe that if we are able to complete this transaction we would be profitable by the end of 2008. Packaging the software of both companies for the benefit of both companies’ clients is consolidation at its best.”
DealerAdvance™ will be debuting its new hand-held CRM product WebDA at the NADA Exposition and Convention February 9th through 11th in San Francisco. The new hand-held product has been adapted to the Nokia 800 Tablet PC and is the only automotive CRM with a hand-held application.
WebDA™ is the next generation of DLAV’s “CRM” application. The system is web based and is available at a fraction of the cost of the original Dealer Advance system. According to Humphries dealers that have utilized the original DealerAdvance™ system, it has shown a 90% increase in captured customer data and a 30% increase in appointment setting.
DealerAdvance, Inc. (http://www.dealeradvance.com/) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
IAHL CORPORATION (OTC: IAHL)
"Up 25.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/IAHL.php
The company holds major proprietary and technological patents for certain aircraft that, once implemented, will astound the aircraft industry; the target market of the company is the under-served rural areas of the world. The company's current share structure is as follows: authorized shares (70,000,000), preferred shares (20,000,000) and common shares (50,000,000). The company does not intend to change the capital structure of the company in any fashion, except the possible reduction of authorized common shares to better reflect and bolster the true value of the company, its assets and business operations.
IAHL News:
January 17 - IAHL Corporation Updates Its Acquisition of the Aircraft Manufacturer
IAHL Corporation (OTC: IAHL) announced that its corporate attorneys have completed its review of the contract for the previously announced acquisition of a major aircraft manufacturer and the company's President & CEO Mr. Peter Van Dyke has signed off on the contract.
The contract has been executed by Mr. Van Dyke and is awaiting the sellers to sign off on it; we anticipate this to occur today and at that point we will issue a statement immediately naming the acquisition and other pertinent information regarding this transaction.
This contract is for the aircraft manufacturer only as the second contract for the land and buildings/production facilities is still under review by our counsel; we also anticipate this contract to be executed this week.
"We are very pleased with the progress that has been made in such a short period of time on this acquisition and look forward to an expedited closing. This transaction has many advantages to the company — first and foremost is the immediate multi-million dollars in revenues that it brings; secondly it gives the company access to a production facility to manufacture the current product line but also will enable the company to incorporate its Integrity Aircraft program without having to outsource any production/manufacturing of the Integrity," said Peter Van Dyke, President & CEO.
Mr. Van Dyke also stated, "We are issuing this release as it is extremely significant to the company and its shareholders to be fully updated on such matters that will have a major impact on their investments and company operations going forward."
EXACT ENERGY RESOURCES (OTC: EXER)
"Up 6.10% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EXER.php
Formerly Star Petroleum Corp. (prior to 12/10/07), Exact Energy Resources, Inc. is an oil and gas company based in Las Vegas, Nevada.
EXER News:
January 16 - Exact Energy Resources, Inc. Acquires Additional Rights to Technology
On behalf of Exact Energy Resources, Inc. (OTC: EXER) (the “Company”) President Rod Burns, P. Eng., reports that following the recent name change and reorganization, the Company has increased its interest in the Low Profile Fluid Catalytic Cracking (LPFCC) Technology. The Company has entered into an agreement to acquire all of the rights to the Technology held by Wellborn Energy Corp.
“This represents a significant step forward for the Company” remarked Rod Burns, President. “The need for increased refining capacity is not just a national or even North American concern, but rather, is a worldwide reality.”
“We are initially going to be concentrating our efforts in North America, and then focusing on additional geographic regions globally. No new refineries have been built in the United States in the last 30 years and refining capacity has been consistently declining, but recently, the situation has changed” said Burns. “The entire industry recognizes that there is a shortage of refining capacity, especially for production of high value-added products. Of note is the focus on adding capacity that can convert heavier, cheaper crude oil into higher-value added products. That is precisely where our technology adds significant cost savings and advantage”.
Some advantages of the LPFCC Technology are upfront capital cost savings of up to 40% over conventional crackers; increased efficiency in cracking; enhanced ability to utilize heavy crude as a feed stock; enhanced safety as the design allows lower pressures and temperatures which makes the unit both safer and more cost effective; and, a higher ratio of catalysis to feed stock (crude to be refined).
“Within the existing refining infrastructure, significant capital improvements and upgrades need to be made to meet the rising demand” he continued. “The lower capital cost, lower operating costs, superior performance and enhanced ability to utilize lower grade feed stocks are all compelling reasons for any refinery to consider the LPFCC technology, whether for existing plant upgrades or for new plant construction.”
BIOSOLAR INCORPORATED (OTCBB: BSRC)
"Up 15.07% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BSRC.php
BioSolar, Inc. engages in the research and development of bioplastic materials from renewable plant sources for use in photovoltaic solar cells. The company develops bio-based plastics components that meet the thermal and durability requirements of solar cell manufacturing processes for conventional crystalline cell designs, as well as thin film photovoltaic devices in an effort to capitalize on cost advantages to current petroleum based solar cell components. Its bioplastic materials can be also used directly in conventional manufacturing systems, such as injection molding and thin-film roll-to-roll, to create superstrate layer, substrate layer, and backsheet, as well as module and panel components. The company was founded in April 2006. It was formerly known as BioSolar Labs, Inc. and changed its name to BioSolar, Inc. in June 2006. BioSolar, Inc. is headquartered in Santa Clarita, California.
BSRC News:
January 17 - BioSolar's Successful Completion of Rigorous Testing Protocol Is an Important Step Forward Toward UL Certification
BioSolar(TM), Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, reports that the company's backsheet material has passed the rigorous Damp Heat Test, moving the materials one step closer to Underwriters Laboratories (UL) certification.
As specified in UL testing protocol 1703, the Damp Heat Test ascertains the product's ability to withstand years of exposure in an outdoor environment without breaking down. This test subjects the material to 1000 hours at 85 degrees and 85% humidity. The test was successfully completed on January 16, 2008. UL 1703 is a comprehensive series of tests for photovoltaic modules. These tests are time consuming, and all requirements must be satisfied.
Dr. Stanley Levy, the company's Chief Technology Officer, said, "We are pleased to report that our backsheet materials have passed this test, which is one of the most severe tests included in the UL 1703 protocol. We will analyze these results to focus in on the most promising candidate for final production certification."
As detailed previously, SBM Solar of Concord, NC, a strategic partner of BioSolar, is in the final process of obtaining UL certification for their all polymer packaged PV module. Upon receiving their UL certification, SBM will submit additional modules to Underwriters Laboratories for UL approval, changing their standard backsheet material to BioSolar's bio-based backsheet. By utilizing a complete photovoltaic module that has already received UL approval, and only replacing one component (the backsheet material), the company expects to "fast track" the approvals process.
While emphasizing the grueling nature of the UL approval process, Dr. David Lee, BioSolar's President and Chief Executive Officer, provided additional insight into BioSolar's approach to the company's "fast track" process saying, "UL approval is an extremely demanding process. It can take years and hundreds of thousands of dollars to obtain UL approval for a photovoltaic module. Our 'fast track' process is expected to dramatically shorten the time it takes for the first solar module maker, our partner SBM Solar, to obtain UL approval with our backsheet."
"We're talking months not years," said Dr. Lee. "We expect that this will place competitive pressures on other photovoltaic manufacturers to accelerate their own UL approval process incorporating BioSolar's backsheet."
SARISSA RESOURCES INCORPORATED (OTC: SRSR)
"Up 11.76% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SRSR.php
Sarissa Resources is an American junior exploration company that identifies and explores mineral properties in North America. Currently, Sarissa has interests in properties with base metal, precious metal, and uranium prospects in Northern Ontario, Canada.
SRSR News:
January 17 - Sarissa Resources Acquires Niobium Carbonatite Bearing Property in Northern Ontario, Canada
Sarissa Resources Inc. (OTC: SRSR) announced that it has entered into an agreement to acquire an approximately 1,800 acre property in Northern Ontario, Canada that, in historic exploration and testing, has indicated the existence of considerable carbonatite-hosted niobium mineralization.
Under the terms of the agreement, Sarissa has purchased a 100% interest in the Nemegosenda property for $380,000 Canadian — payable over a four-year period — and 2% royalty concessions on all mineral and/or metal production from the property. Sarissa Resources, however, retained the right to repurchase 1.5% of the royalty concessions at any time in the future for a predetermined price.
Niobium, also known as columbium, is a rare exotic soft metal that is primarily obtained from pyrochlore; a mineral found occurring in carbonatites. Well known for its corrosion resistant and highly conductive properties, niobium's melting point of 2,468°C enables the metal to maintain its qualities at very high temperatures. Approximately 89% of worldwide niobium consumption is dedicated to the production of steel; while 9% is used in the production of "superalloys" and the final 2% is used in the development of superconductor applications within the technology, electronics and medical industries.
The Nemegosenda Property was identified in the mid-nineteen fifties through aeromagnetic surveys conducted by Gulf Minerals Canada Limited. Subsequent exploration and testing, as summarized in the Ontario Geological Survey study 34 by R.P Sage in 1987, highlighted a number of "higher grade niobium zones." Of particular note, Zone D indicated "20,000,000 tons of 0.47 percent Nb2O5 material in a block 600 by 800 feet in size and to depths up to 600 feet," based on Gulf's drilling and a 580 foot adit which penetrated 235 feet into the zone. Based on this historic (non-NI-43-101-compliant) data (Pg 34), this indicates the potential for approximately 9.4 pounds of Nb2O5 per ton of ore in situ. Other zones within the property have also indicated smaller, but meaningful niobium mineralization. A qualified person, as defined under NI-43-101, has not done sufficient work to comment on the relevance or reliability of this historical estimate. The company is not treating the historical estimate as, nor can the historical estimates be relied upon as, current mineral resources or reserves. Sarissa currently does not have access to more recent estimates or data relating to the Lake Nemegosenda property.
By comparison, the world's largest niobium deposit, located at Araxa, Brazil, is operated by CBMM, and averages between 2.5% and 3.0% Nb205. Two other currently operating pyrochlore mines are the Anglo American Brasil Mineracao (Brazil), grading at 1.34% niobium oxide and the Iamgold-owned Niobec (Quebec) at their St. Honore deposit, grading at 0.67% niobium and mined underground. Niobec was previously a joint venture owned 50% by Teck Corporation and 50% by Cambior Inc.
Scott Keevil, Sarissa's President and CEO, commented, "The Nemegosenda Lake property represents a very significant addition to our portfolio and we are pleased our Board of Directors unanimously decided to acquire this advanced stage property. While niobium's already numerous applications are growing and driving global demand growth, no 'spot market' yet exists for the metal. As such, price volatility is inherent in the worldwide market. Nonetheless, with recent prices of approximately $25.00 per pound, the potential economics indicated by the earlier studies suggest a truly outstanding potential opportunity for Sarissa Resources and its shareholders in the future." He continued, "We look forward to further investigation of this exciting property and are continuing with plans to extract value from our other holdings as well as seeking out other promising properties."
Sarissa has begun initiating steps to confirm the historically identified mineralization at the property.
Dr. Cam Cheriton, a director of Sarissa, is a "qualified person" within the meaning of National Instrument 43-101 and has read and is responsible for the technical information contained in this news release.
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