Our Stocks to Watch today include BigString Corporation (OTCBB: BSGC), Nuclear Solutions (OTCBB: NSOL), MetaPower International, Inc. (OTC: MTPW), Alfacell Corporation (NASD: ACEL), Tasker Products Corp. (OTCBB: TKER)
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BIGSTRING CORPORATION (OTCBB: BSGC)
"Up 25.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BSGC.php
Company Profile: http://www.otcpicks.com/bigstring/bigstring.htm
BigString Corporation, through its subsidiary, BigString Interactive, Inc., provides email services. It offers BigString, which is a Web-based, POP3 server email service solution that allows the user to edit, recall, cancel, and erase the email, as well as insert or delete attachments, even after the email has been sent out and opened. The company also provides BigString Beta 2.0 that offers erasable, recallable, and self destroying applications, non-printable and non-forwardable emails, set time or number of views, and masquerading to protect the sender's privacy and security. BigString Beta 2.0 also provides spam filters, virus protection, and large-storage web-based email accounts. The company's products include BigString Free, which provides the features of BigString Beta 2.0, and includes 1GB of storage and permits the user to send unlimited emails per month; BigString Premium, which offers the features of the BigString Free account, plus vanity domains, POP3 access using any email client, 2GB of storage, and 30 minute video email; and BigString Business that offers the features of the BigString Premium account, plus 10 email accounts, 20GB of storage, global filter notification, and email management. BigString Corporation also offers BigString Marketer Pro, which provides an enterprise marketing software application which allows for the sending of interactive video email commercials that can be programmed to self-destruct at a set time; and BigString Marketer SMB, a hosted video email marketing platform for small and medium size businesses. The company was founded in 2003. It was formerly known as Recall Mail Corporation and changed its name to BigString Corporation in 2005. Bigstring Corporation is based in Red Bank, New Jersey.
BSGC News:
January 17 - BigString Launches Email Service For iPhone & Other Next-Generation Wireless Devices
A Beta version of a mobile email service that permits Apple’s iPhone and other next-generation wireless device users to send self-destructing emails and pictures has been released by BigString Corporation (OTCBB: BSGC). BigString’s mobile service will include its patent-pending technology for recallable and self-destructing email. The service will be available free for mobile browser-based users at http://mobile.bigstring.com.
Darin Myman, President and CEO of BigString Corporation said, “The new generation of browser-based phones opens up a new, fast-growing market for BigString’s email products. The addition of our mobile initiative for the iPhone and others is part of BigString’s efforts to migrate our self-destructing technology to new market segments.”
NUCLEAR SOLUTIONS (OTCBB: NSOL)
"Up 13.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NSOL.php
Nuclear Solutions, Inc. engages in the research, development, and commercialization of product technologies and processes for homeland security and defense, nuclear remediation, synthetic ethanol production, and nano-technology applications in the east and gulf coasts of the United States. It develops gravimetric shielded nuclear material/portable nuclear weapon detector technology to screen trucks and shipping containers for the presence of shielded nuclear weapons useable materials, such as uranium and plutonium; embeddable nuclear micro-batteries that supply power for micro motors, remote sensors, computer chips, medical devices, and for other defense and aerospace applications; and tritiated water remediation technology to reduce the volume of stored water contaminated with tritium, the radioactive isotope of hydrogen. The company, through its subsidiaries, also engages in the development of facilities to produce alternative fuels from waste materials and bio-ethanol through fermentation processes. In addition, it designs, constructs, and operates multiple gas-to-liquid synthetic fuel synthesis facilities to transform waste materials, such as used tires, solid and municipal wastes, waste coal, biomass, and other societal refuse into gas-to-liquid fuels, such as ultra-clean diesel and synthetic ethanol. Nuclear Solutions has a strategic relationship with Multipartner, LLC for consulting and developmental services in Europe. The company was founded in 1997. It was formerly known as Stock Watch Man, Inc. and changed its name to Nuclear Solutions, Inc. in 2001. The company is based in Washington, D.C.
NSOL News:
January 18 - Nuclear Solutions, Inc. Board Responds to Inter-Americas, Inc. Unsolicited $110 Million Bid to Purchase All Outstanding Stock
Company Indicates Buyout at $1.50 per Share Would Be Acceptable to Management
The Board of Directors of Nuclear Solutions (OTCBB: NSOL) responded to Inter-Americas, Inc.'s (IA) offer to buy the company for an aggregate cash price of $110 million. The Board of Directors indicated that a cash tender offer price of $1.50 per share on a fully diluted basis, plus all fees and transaction costs would be supported by the Company.
On January 17, 2008 the Board Of Directors Sent the Following Letter to Inter-Americas, Inc.:
January 17, 2008
Larry Romano
President
Inter-Americas, Inc.
1700 Eastwood Drive
Woodstock, IL 60096
Dear Mr. Romano:
Our Board of Directors acknowledges Inter-Americas' (IA) interest in purchasing the outstanding common stock of Nuclear Solutions (NSOL) for an aggregate cash payment of $110 Million on a fully diluted basis as expressed in your letter of December 21, 2007.
The Board and management of NSOL are not opposed to an acquisition of the company and have considered your offer in consultation with our advisors. We are willing to expeditiously and seriously continue discussions about the terms and conditions set forth in your letter.
As you are aware, our shareholders must ultimately approve the sale of their shares and any future merger proposal. At this time, management believes that a cash tender offer price of $1.50 per share net on a fully diluted basis, plus all fees and transaction costs would be received favorably by our shareholders and recommended by the Board of Directors.
The Board and I look forward to our continuing negotiations on this topic.
Respectfully Submitted,
Patrick Herda
Chairman and CEO
META POWER INTERNATIONAL INCORPORATED (OTC: MTPW)
"Up 114.29% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MTPW.php
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
MTPW News:
January 18 - MetaPower International, Inc. to Begin Stock Exchange Program for Shareholders
MetaPower International, Inc. (OTC: MTPW) announced that the company is offering a share exchange program to its shareholders. MetaPower International, Inc. will offer to exchange common shares of stock for convertible preferred stock to be valued at $1.00 a share. This means for every 100 shares of common stock offered back to the company, shareholders will receive one share of convertible preferred stock valued at $1.00 for future conversion purposes. The shareholders will also receive a warrant to purchase one share of the company's Common Stock.
To participate, current shareholders must have their shares into MetaPower International, Inc. by March 15, 2008 in order to qualify for the exchange of common shares to convertible preferred shares. Shareholders must turn in a minimum of 1,000,000 shares in order to qualify. For the complete terms and conditions of the stock buyback program, visit the company's Web site at http://www.metapower.com/.
“We are very pleased to be able to offer our shareholders this exchange program. We believe that the program reaffirms our confidence and optimism in the long-term future of the company. As more information becomes available, it will be provided on our Web site,” stated Ken Allen, President of MetaPower International, Inc.
The company recently announced that its subsidiary, MetaPower Canada, has received purchase orders totaling CAD $1,300,000 to provide Process Safety Management consulting services for a Canadian energy company with operations in the Oil Sands region of Northern Alberta.
ALFACELL CORPORATION (NASD: ACEL)
"Up 10.96% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ACEL.php
Alfacell Corporation, a development stage company, engages in the discovery and development of therapeutic drugs for the treatment of cancer and other pathological conditions. Its primary drug product candidate, ONCONASE, is in phase IIIb registration trial for the treatment of unresectable (inoperable) malignant mesothelioma, a rare cancer primarily affecting the pleura. The company is also conducting phase I/II program in patients with non-small cell lung cancer and other solid tumors. It has collaboration agreement with the West German Cancer Center at the University of Duisburg-Essen for the development of huRFB4-ONCONASE for targeting CD22+ B cell malignancies. Alfacell was founded in 1981 and is based in Somerset, New Jersey.
ACEL News:
January 18 - Alfacell Announces ONCONASE(R) Purchase and Supply Agreement with Scientific Protein Laboratories
Alfacell Corporation (NASD: ACEL) announced that it has entered into a purchase and supply agreement with Scientific Protein Laboratories LLC (SPL) for the commercial production of ONCONASE® (ranpirnase). ONCONASE, the company's lead drug candidate, is currently being evaluated as a treatment for unresectable malignant mesothelioma (UMM) in a confirmatory Phase IIIb clinical trial.
"SPL has been involved in the production of ONCONASE from the very first batches," said Kuslima Shogen, chief executive officer of Alfacell. "We have been pleased with the superb performance of the extremely well qualified team at SPL for many years and are confident that the commercial production of ONCONASE is in the right hands. This agreement is another step forward for Alfacell as we plan for the commercialization of ONCONASE."
"We have been very enthusiastic about the Alfacell project from the very beginning," said David Strunce, president and chief executive officer of SPL. "We are impressed by the way that Alfacell has successfully guided their novel product through the development phases, and we are pleased to have the opportunity to continue the collaboration with the Alfacell team into the commercial stage."
ABOUT SCIENTIFIC PROTEIN LABS LLC
For over three decades, Scientific Protein Laboratories (SPL) has been a leading global supplier of high quality active pharmaceutical ingredients (APIs) from natural sources. The company specializes in cGMP biopharmaceutical manufacturing and is among the largest commercial suppliers of Heparin Sodium USP, Pancreatin USP and Pancrelipase USP in serving the pharmaceutical, veterinary and food industries globally. Beyond supplying high quality proprietary APIs, SPL provides contract process development and cGMP manufacturing services, including heparin derivatives, natural products extraction, fermentation and purification. SPL is among a small number of companies that have successful track records in efficient process development, analytical testing, quality assurance and regulatory support required to provide customers with cGMP compliant APIs at all phases of clinical development and straight through to commercial launch.
ABOUT ONCONASE®
ONCONASE is a first-in-class product candidate from Alfacell's proprietary ribonuclease (RNase) technology. A natural protein isolated from the leopard frog, ONCONASE has been shown in the laboratory and clinic to target cancer cells while sparing normal cells. ONCONASE triggers apoptosis (natural death of cells) via multiple molecular mechanisms of action.
TASKER PRODUCTS CORPORATION (OTCBB: TKER)
"Up 11.11% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TKER.php
Tasker Products Corp. manufactures, distributes, and markets products using pHarlo technology. Its pHarlo technology is a process that enables copper sulfate, a compound with bacteriostatic properties to inhibit bacteria growth and to remain active throughout a range of pH values. The company markets Unifresh Footbath, a grooming aid for dairy cows; and Tasker Pacific Blue Seafood Wash, a product used in commercial and retail seafood processing to extend shelf life and reduce or eliminate odors. It also markets Tasker Blue, an antimicrobial aid used in the scalder process, which is a method of loosening feathers so that they can be picked and removed mechanically, and the post-feather picker process, which is the method used in chicken processing that receives chickens after the scalder and mechanically removes feathers. The company has strategic relationships with Wynn Starr Special Products, LLC and pHarlo IP, LLC. Tasker Products Corp. was founded in 1996. The company was formerly known as Tasker Capital Corp. and changed its name to Tasker Products Corp. in 2006. The company is headquartered in Danbury, Connecticut.
TKER News:
January 17 - Tasker Products Adds Poultry Processor to Growing Base of Customers
Tasker Products Corp. (OTCBB: TKER), a distributor and marketer of proprietary technology effective in inhibiting pathogenic bacteria, today reported that it has installed its equipment to dispense its poultry processing application, Tasker Blue, in a plant operated by one of the nation's five largest processors. As in all primary installations, the plant will conduct an initial trial use of the application, which normally takes two to three weeks during which the customer purchases the product, to gauge its effectiveness. Upon its successful completion, the plant routinely reorders product from Tasker at regular market price to maintain sufficient inventory for continuous use.
"Tasker Blue is becoming increasingly recognized for its capacity to eliminate Salmonella, increase yield — as measured in poultry weight — and reduce utility costs, because of the lower Scalder temperatures when the product is used," said Lanny Dacus, Tasker's president and CEO. "To further our efforts in penetrating the poultry processing market, we recently hired a highly respected industry professional, with considerable associations throughout the poultry business. He recently accompanied our executive chairman, Greg Osborn, on a business trip to a number of poultry processors in the Mid-Atlantic region, where they were met with great interest in our products, which we expect to lead to additional rollouts."
Mr. Dacus concluded, "We expect to receive a response from the USDA on the status of our application for a Chiller intervention, shortly. Commercialization of our Chiller application will enable processors to further reduce costs through the recirculation of water, and provide an alternative to Chlorine, a product that presents potential health hazards to workers."
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