Dallas, TX 1/29/2008 1:09:50 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Monday, January 28th RLTR, INCC, SGGC, FUTR, PMED

Our Stocks to Watch today include ReelTime Rentals, Inc. (OTC: RLTR), International Consolidated Companies, Inc. (OTCBB: INCC), Sigma Global Corporation (OTC: SGGC), Future Now Group, Inc. (OTCBB: FUTR), Paradigm Medical Industries, Inc. (OTCBB: PMED)

 

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REELTIME RENTALS INCORPORATED (OTC: RLTR)

 

Detailed Quote: http://www.otcpicks.com/quotes/RLTR.php 

 

Company Profile: http://www.otcpicks.com/reeltime-rentals/reeltime-rentals.htm

 

ReelTime Rentals Inc. (sometimes referred to herein as RLTR or ReelTime.com) was incorporated under the corporate laws of the state of Washington as ReelTime Rentals; Inc on June 24, 2004. ReelTime.com is an online broadband network offering a diverse library of both theatrical films and television programming. ReelTime's "point click and watch" user interface delivers DVD quality video over the internet to customers nationwide whenever they want to see it. ReelTime is poised to change the home entertainment industry by becoming a leader in the online media marketplace, providing the public the next generation of online viewing technology with built-in capacity for unlimited growth. The company's Intelligent Rapid Delivery System (IRDS) overcomes many of the roadblocks that have previously prevented widespread adoption of high quality streaming video. Through IRDS and their video-on-demand services, they deliver full-screen DVD quality movie experiences to broadband customers nationwide while implementing security measures to combat the threat of piracy.

 

The company currently provides direct-to-desktop progressive downloading for broadband users, utilizing a proprietary player to deliver full length films and television shows for viewing by the next generation of media viewers. We strongly believe in ReelTimes future and see unlimited potential beyond the PC into other media platforms, including set top boxes and handheld devices. ReelTime's end-to-end delivery system (IRDS) has significant advantages in cost and structure over other systems in current use and the revolutionary nature of the system should allow ReelTime to quickly become a dominant player in the video-on-demand marketplace.

 

RLTR News:

 

January 28 - ReelTime to Carry Nelvana's Kids Content

 

ReelTime.com (OTC: RLTR), the video-on-demand Internet television network, announced at NATPE 2008 that it has entered into an agreement with Nelvana Enterprises, a Canadian-based distributor of children's animated programming, for the VOD rights to episodes from its extensive kids content library.

 

Nelvana Enterprises, which is owned by Corus Entertainment Inc. (Toronto: CJR-B) (NYSE: CJR), is known for its library of well-loved classics, such as "Rupert," "Babar," "Franklin," "Rolie Polie Olie," and "The Berenstain Bears." Its shows have won over 70 major international awards and have been broadcast in over 160 countries.

 

Among the titles from Nelvana's library that will be available on ReelTime.com are "Jacob Two-Two," "Rupert," "My Dad the Rock Star," "Ned's Newt," "Stickin' Around," "Tales from the Cryptkeeper," "Moville Mysteries," "Cadillacs and Dinosaurs," "Flying Rhino Junior High," "Dumb Bunnies," "Jim Lee's WildC.A.T.S.," "Elliot Moose" and "Marvin the Tap-Dancing Horse." The majority of titles are available for viewing now.

 

"We are pleased to be working with such an innovative Internet television company as ReelTime.com," said Doug Murphy, President, Nelvana Enterprises. "Nelvana is committed to partnering with leaders in digital distribution to deliver our valued library directly to consumers in new and exciting ways, whenever they want it."

 

"Nelvana Enterprises is leading the way in driving the digital movement forward. We are thrilled to add such high quality children's programming to our library, providing responsible and entertaining programming to children and families around the world," said Beverly Zaslow, President of ReelTime.com. "This agreement allows Nelvana to further capitalize on their greatest asset — their content — while giving consumers convenient access to a broader array of titles."

 

INTERNATIONAL CONSOLIDATED COMPANIES (OTCBB: INCC)

"Up 70.91% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/INCC.php

 

International Consolidated Companies, Inc. engages in the development, manufacture, and marketing of mobile billboard mounting systems in the United States. Its mobile billboard mounting systems are mounted primarily on truck sides, rear panels, and breaking panel roll up doors. The company produces digitally created outdoor, color vinyl images, which are inserted into the mounting systems and displayed primarily on trucks. It offers five mounting systems, which include two for the sides of truck bodies and trailers of various sizes; one for the rear of side roll up beverage body trailers; one for the rear garage style roll up doors of trailers; and one for the sides of commercial cargo vans. The company also engages in digital printing and graphic design business. In addition, it sells third party advertising on truck sides utilizing its mounting systems and graphics. The company was founded in 2000. It was formerly known as Sign Media Systems, Inc. and changed its name to International Consolidated Companies, Inc. in September 2007. The company is based in Sarasota, Florida. International Consolidated Companies, Inc. is a subsidiary of GO! Agency, LLC.

 

INCC News:

 

January 28 - International Consolidated Companies, Inc. Signs Letter of Intent to Acquire Business With (Unaudited) USD $40 Million in Revenue, USD $4 Million Net Profit and USD $50 Million in Assets

 

International Consolidated Companies, Inc. (OTCBB: INCC) announced that it has executed a Letter of Intent (LOI) to acquire Hebei Jiasheng Pharmaceutical & Chemical Limited Co. and its subsidiaries located in Shijiazhuang City, Hebei Province Peoples Republic of China.

 

The company and its subsidiaries have 21 plus years experience and a strong management team. With 1,000 employees the company is well organized with a diversified balance across research, sales and manufacturing. They manufacture and sell biopharmaceutical compounds to the United States and European markets and have established markets in many key foreign countries for their products.

 

With a good understanding of their markets, the company has a clear corporate vision of where they want to go with their new and existing products. Their knowledge of the marketplace and regulatory compliant operation combined with their sales and marketing expertise gives the company a clear competitive edge.

 

They have a Regulatory & Quality Assurance Department that is capable of obtaining regulatory clearance in the US and Internationally. Their products are GMP (Good Manufacturing Practice) certified and compliant with the pharmacopoeia of many countries.

 

2006 UNAUDITED REVENUE of USD $30 million and after tax profits of USD $ 3 million.

 

2007 UNAUDITED REVENUE of USD $40 million and after tax profits of USD $ 4 million.

 

The UNAUDITED BALANCE SHEET has USD $50 million in assets.

 

The Terms of the Acquisition will be announced following completion of due diligence and audit and the Definitive Acquisition Agreement is executed.

 

With this addition to the International Consolidated Companies, Inc. family, the Company is rapidly gaining the reputation in China for attracting well managed, highly respected quality Companies.

 

SIGMA GLOBAL CORPORATION (OTC: SGGC)

"Up 33.33% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/SGGC.php

 

Sigma Global is an emerging oil and gas company whose core business is the production of oil and gas and to continue to evaluate profitable oil and gas lease options, build a solid foundation of revenue and assets through acquisition of leases, and explore and develop opportunities on these prolific properties.

 

SGGC News:

 

January 28 - Sigma Global Corp. Updates Shareholders

 

Sigma Global Corporation (OTC: SGGC), an emerging oil and gas Company, announced that it is nearing the completion of all the tasks required to significantly increase existing oil production. Drilling was completed in late 2007 on multiple sites. The connection of plumbing and power from these new drill sites to the storage system has also been recently completed. The company has all equipment and services onsite to complete the final actions required to start oil production on these new wells once winter weather conditions permit.

 

Brian Conrad, CEO of Sigma Global, stated, "We couldn't be happier with the progress we've made in the last few months. We anticipate that these new wells will put the company in a positive cash flow position before the second quarter of 2008."

 

During the next month, management will continue due diligence activities and other pre-closing review matters for securing additional leases in the southeast region of Kansas.

 

Brian Conrad further commented: "We are ensuring even greater oil production through the acquisition of additional leases with current and/or potential production. We are extremely pleased with the project management skills and actions of our local operator and look forward to keeping him very busy with new production activities on current and potential leases in the area."

 

FUTURE NOW GROUP INCORPORATED (OTCBB: FUTR)

"Up 91.21% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/FUTR.php

 

Future Now Group, Inc., through its subsidiaries, provides custom and productized consulting services; methodology and software licensing; and content and training programs. Its custom and productized consulting services include conversion optimization, persuasion scenario analysis, and marketing planning and optimization. The company provides software as service and professional services, based on an intellectual property framework. Its software and intellectual property framework, Persuasion Architecture, combines Web analytics, testing, and search with marketing planning, which creates an online environment for businesses to plan for different customers behaviors, and test against these behaviors to further reach their customers needs. The company was founded in 1997 and is headquartered in Fairfield, Connecticut.

 

FUTR News:

 

January 28 - Future Now Group Expands Leadership Team

 

Future Now Group, Inc., an Acknowledged Authority in Interactive Marketing Optimization, Announced Today It Has Added Three New Members to Its Management Team

 

Future Now Group, Inc. (OTCBB: FUTR), an acknowledged authority in interactive marketing optimization, announced today it has added three new members to its management team. The new appointments are Brian Bond as Vice President of Marketing & Products; Glen Tsurumoto, as Interactive Practice Leader; and Brian Kotek as Director of Software Engineering.

 

Brian Bond is an experienced internet marketing professional with over 10 years of diverse experience in the consumer and B2B space. In the past he has held leadership roles in initiatives around product management and marketing non-profit, software, subscription services, and professional services for companies such as A&E Television Networks, The Generations Network (formally MyFamily.com Ancestry.com), and Hewlett-Packard. Brian joins us most recently from Hewlett-Packard where he was VP of Marketing & VP of Product Management of Logoworks since 2005. Hewlett-Packard successfully acquired Logoworks in the spring of 2007. Brian is originally from the San Francisco Bay Area.

 

Glen Tsurumoto brings more than 25 years experience in information technology, consulting and systems development to Future Now. Before joining Future Now, Glen was Director of Technology for Savatar, a marketing and sales consultancy, where he managed all technical and operational aspects. In his previous experience, Mr. Tsurumoto was an account manager with ZEFER, a Boston-based Internet consulting firm, Vice President of Architecture for Fidelity Investment and a technical consultant at CSC Index in their world-renowned Business Reengineering Practice. Glen has worked in a variety of industries including airlines, automotive, financial services, healthcare, telecommunications, publishing, oil and gas, distribution and retail. He holds a Bachelors degree in Computer Science from the University of California, Berkeley.

 

Brian Kotek has been a web developer for over 10 years. As an active blogger and member of many online developer communities, his goals are to build great software and help others do the same. In the past he has developed large data mining systems for the National Toxicology Program, and has developed extensive software product for a variety of consulting companies, Fortune 100 companies, and Government agencies. Brian is the co-author of the book “Discovering Fusebox 4”, currently in its second publication. His primary focus is on designing and building flexible and maintainable applications using frameworks, design patterns, and best practices.

 

Jeffrey Eisenberg, Future Now’s Chief Executive Officer stated, “We are pleased and proud that we have attracted such high quality leaders like Brian, Glen and Brian. With the team we are building we will be able to scale our business more rapidly and maximize the value of our intellectual property and of our reputation.”

 

PARADIGM MED INDUSTRIES (OTCBB: PMED)

"Up 36.36% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/PMED.php

 

Paradigm Medical Industries, Inc. engages in the design, development, manufacture, and sale of technology surgical and diagnostic eye care products. Its diagnostic products include P55, P2200, and P2500 pachymetric analyzer; P20 and P2000 A-scan biometric ultrasound analyzer; P37, P37-II, and P2700 A/B scan ocular ultrasound diagnostic product; P40 UBM ultrasound biomicroscope; P45 UBM ultrasound biomicroscope; P60 UBM ultrasound biomicroscope; BFA ocular blood flow analyzer and disposables; CT 200 corneal topography system; LD 400 autoperimetry system; and TKS 5000 autoperimetry system. The company's products also comprise Precisionist Thirty Thousand and Photon laser, which have ocular surgery workstation with surgical equipment and disposables. Paradigm's surgical products are systems for use by ophthalmologists to perform surgical treatment procedures to remove cataracts. It markets its products through direct sales representatives, independent sales representatives, and ophthalmic product distributors in the United States, as well as through a network of dealers internationally. The company was founded in 1989 and is based in Salt Lake City, Utah.

 

PMED News:

 

January 28 - Paradigm Medical Industries to Market Proprietary Electrophysiology Device for Early Detection of Glaucoma

 

Company Signs Exclusive Distribution Agreement With Italy's LACE ELETTRONICA

 

Paradigm Medical Industries, Inc. (OTCBB: PMED), a leader in glaucoma diagnostic and management devices, disclosed that it has signed an exclusive agreement with LACE Elettronica srl (Rome, Italy) to distribute the latter’s proprietary GLAID electrophysiology instrument for the early detection of glaucoma. Terms were not disclosed.

 

LACE’s GLAID is a revolutionary diagnostic device that utilizes Pattern Electroretinogram (PERG) to provide a visual stimulus that generates electrical responses of the retina to measure the physical condition of the retina’s ganglion cells. Retinal ganglion cells collectively transmit visual information from the retina to several regions in the midbrain. There are about 1.2-1.5 million retinal ganglion cells in the human retina. The GLAID device was approved by the U.S. Food and Drug Administration (FDA) in 2007.

 

The GLAID device has undergone extensive testing and clinical studies in the U.S., Canada and Italy, including Bascom Palmer Eye Institute (Miami and Palm Beach, FL), University of California at San Diego’s Hamilton Glaucoma Center, New York State College of Optometry, University of Laval (Quebec, Canada), and the University of Alabama. The current state of the GLAID technology was developed by Dr. Vittorio Porciatti, who is also involved in further GLAID-related research at Bascom Palmer Eye Institute.

 

“We believe the GLAID device is the most significant development in glaucoma detection in the last 20 years,” said Paradigm Medical’s Chief Executive Officer, Raymond Cannefax. “It represents a multimillion-dollar market opportunity for our Company.”

 

“We are pleased to be working with Paradigm Medical in introducing and promoting GLAID,” said Alessio Romani, chief executive of LACE. “The Company is well known and respected for its glaucoma diagnostic devices. The agreement is expected to accelerate acceptance of the GLAID technology in North America and Canada in 2008.”

 

“The GLAID device is believed to be the fastest method of testing for retinal ganglion cell loss,” Mr. Cannefax noted. “The GLAID not only measures dead and living ganglion cells, but also detects ailing ganglion cells. Due to the device’s ability to detect dying ganglion cells, in most cases the viability of these cells can be fully restored with treatment.”

 

Mr. Cannefax added that “GLAID provides a test that is fast and easy to understand and administer, easy to interpret by the clinician, and is non-invasive. It is reliable, operator independent, and is able to detect dysfunction of the ganglion cells in patients who are glaucoma suspects. GLAID can detect the onset of retinal defects significantly earlier than can be measured by the current standard of detection method of Visual Fields Analysis (Perimeters). We expect to begin filling orders during the first quarter of 2008.”

 

Glaucoma, caused by deterioration of the optic nerve and related ganglion cells, is the second leading cause of permanent vision loss. It affects one in five people over age 50. Some 75% of glaucoma goes undiagnosed because of the lack of sophisticated instrumentation. There are more than 64 million cases of glaucoma worldwide, including more than three million in the U.S. About 120,000 people in this country are blind as a result of glaucoma. Nearly 16,000 surgeries are performed in the U.S. each year on patients with glaucoma, with the cost averaging about $3,200, depending on the severity of the glaucoma. In terms of Social Security benefits, loss of income tax revenues and health-care expenditures, the cost to the U.S. government related to glaucoma is estimated to be more than $1.5 billion annually.

 

Paradigm Medical Industries, Inc., is a leader in Ultrasound devices, and glaucoma detection and management products.

 

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