Our Stocks to Watch tomorrow include VitalTrust Business Development Company (OTCBB: VTBD), Winning Brands Corporation (OTC: WNBD), Techalt, Inc. (OTC: TCLT), Regions Oil and Gas (OTC: RGNO), International Consolidated Companies, Inc. (OTCBB: INCC) and Paradigm Medical Industries, Inc. (OTCBB: PMED).
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VITALTRUST BUSINESS DEVELOPMENT CORP. (OTCBB: VTBD)
"Up 220.00% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/VTBD.php
VitalTrust Business Development Corporation operates as a closed-end management investment company. It provides equity and long-term debt financing to small and medium-sized private companies in various industries in the United States. The company holds 100% interest in American Card Services, Inc., which intends to make investments in financial services and real estate entities; and Entellectual Solutions Properties Group, Corp., which develops, acquires, integrates, and delivers various technologies and solutions to the market. Entellectual Solutions Properties Group owns three product lines: Campus, an enterprise level application service provider designed as a productivity enhancement system; VitalTrust, a network of community healthcare information utilities for healthcare information archive and provider share technology; and Health Centrics, a medical practice manager designed from the outset in the application service provider model. VitalTrust Business Development Corporation is based in Tampa, Florida.
VTBD News:
January 28 - VitalTrust Announces New Business Direction and Name Change
VitalTrust Business Development Company (OTCBB: VTBD) ("VTBD" or the "Company") today announced that upon completion of the Company's election to withdraw from being treated as a business development company under the Investment Company Act of 1940, it will pursue operations as a vertically integrated alternative energy company. Further, the Company intends to change its name to Renewable Energy Resources to better depict its business strategy.
Renewable Energy Resources will have the specific mission of "Delivering Renewable Fuels To The World." The Company will accomplish this mission through the initial acquisition of a number of alternative energy companies during the 1st quarter of 2008 and through its own organic growth. The Company will be active across the continuum of renewable energy delivery, with business segments in production, management, distribution, technology, sales, marketing, and finance.
WINNING BRANDS CORPORATION (OTC: WNBD)
"Up 114.29% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/WNBD.php
Winning Brands Corporation is a manufacturer of advanced environmental cleaning solutions and personal care products which are marketed to consumers and industry internationally under a variety of brands and strategic partnerships. It is an emerging public company with shares quoted under the trading symbol WNBD. With manufacturing based in North America, the company designs cleaning solutions and personal care products that solve problems without sacrificing the performance characteristics which consumers associate with "standard" national brands. These products can be used throughout the home and in industry. The company's name and brands have not been widely known before due to the contract nature of some of its production and the specialized nature of earlier production and distribution. During that formative period the company developed expertise ahead of its time in the field of environmental sensitivity. We will always celebrate the special contribution of the original founder of The Soap Factory, Robert W. (Bob) Prentice, to this living legacy.
WNBD News:
January 28 - Commercial Operations Begin in Europe for SMART(TM) Wet Cleaning Solutions
Irish Facility Completes Earlier Testing, Goes Commercial With Winning Brands' Replacement to Drycleaning Solvents
Winning Brands Corporation (OTC: WNBD) (Frankfurt: WMU) (www.WinningBrands.ca) reported that the trial use of its SMART(TM) Wet Cleaning Solutions in Ireland by The Lost Sock Laundrette in County Cork has passed all tests of efficacy required for the facility to convert from ordinary drycleaning and its use of the controversial solvent Perchloroethylene (Perc) into solvent-free operations instead.
Winning Brands will ship 2 metric tonnes of SMART(TM) Wet Cleaning Solutions to Ireland in early February to provide initial commercial inventory for full scale operations and re-sale purposes at the Irish facility. This is because all equipment is working to specifications, personnel training is completed and garment cleaning customers are expressing pleasure with the results. The value at the retail level of this opening inventory is approximately $20,000. Winning Brands regards such proof-of-principle facilities as the proper basis on which to develop realistic long term forecasts of worldwide demand for its SMART(TM) Wet Cleaning Solutions. It is estimated that there are over 30,000 drycleaning establishments in the United States comparable to the converted Irish site. The majority of these are still using Perc.
The converted Irish drycleaner will now use Winning Brands' SMART(TM) Wet Cleaning solutions together with Miele Professional Wet Cleaning equipment and Veit finishing equipment entirely instead of Perc. The use of these three professional wet cleaning elements is known as the SMART(TM) Wet Cleaning System and effectively eliminates the need for Perc in the cleaning of garments that have traditionally been thought of as "Dryclean Only," including silk, wool and other sensitive garments. Additional benefits of the system include a reduction in electricity use, elimination of hazardous waste (and therefore reduced compliance costs), simpler staff training and an improved health & safety environment in the facility. Other proof-of-principle facilities that have converted from the use of Perc in drycleaning to the SMART(TM) Wet Cleaning System similarly report reduced costs, improved conditions and customer satisfaction.
The installation and training was carried out by the Solvent Free Solutions Team - specialists in the conversion of drycleaning operations to the SMART Wet Cleaning System, working in collaboration with Winning Brands Corporation, Miele and Veit. George Loney, President of Solvent Free Solutions Inc was in charge of the Irish project for the group. As past President of the Ontario Fabricare Association, and a former drycleaner, Mr. Loney is uniquely qualified to comment on the effect of this new technology in the professional garment care industry. Loney remarks, "This partnership is great. The solutions from Winning Brands and equipment from Miele and Veit work together better than anything in the world that I have seen. There is only one way that the skeptics can be overcome - 'see for yourself, then decide.'" Loney concludes, "The fact that the Irish operation is now past mere testing and into actual work with real garments in Northern County Cork proves that the system is not limited to a few locations, and not limited to a few garments. If it can be a hit in Mitchelstown, County Cork, Ireland then why not anywhere drycleaning is performed?"
Winning Brands Corporation developed and manufactures SMART(TM) Wet Cleaning Solutions. Its mission is to replace hazardous chemicals in widespread use with safer alternatives. SMART(TM) Wet Cleaning products are distributed by Solvent Free Solutions, Inc.
TECHALT INCORPORATED (OTC: TCLT)
"Up 100.00% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/TCLT.php
Techalt, Inc. focuses on secure wireless communications toolset to be used by emergency first responders in the public sector & for communications interoperability, multi level integration of communications & collaboration enhancement within public & private sectors.
TCLT News:
January 25 - Techalt, Inc. Merger Partner EV Parts, Inc. Highlights Its New Electric Vehicle Innovations
Techalt, Inc. (OTC: TCLT) ("Techalt" or the "Company") announced that its merger partner, EV Parts, Inc. ("EV Parts"), a leading online supplier of electric vehicle parts and components, has highlighted its global expansion and new product rollout plans.
EV Parts' President, Roderick Wilde, stated, "We have been working on many deals for new products and have some inventions that we plan to roll out. We will also be designing a new line of signature products for on road electric vehicles, electric scooters and electric assist bicycles. Future plans include electric conversion kits for British Land Rovers for Safari adventures in Africa as well as a new AC drive conversion kit to turn a Golf TDI into a Plug-In Biofuel Electric Hybrid."
EV Parts will soon be featured on the new Discovery Channel "Mean Green Machines". The broadcasting schedule will be announced shortly.
EV Parts is an online supplier of electric vehicle parts and components and has begun selling products in the Robotic/Electrathon, Industrial, Personal Mobility, Marine/RV, and Renewable Energy markets. EV Parts' merger with Techalt is expected to close on or before March 18, 2008.
REGIONS OIL & GAS (OTC: RGNO)
"Up 100.00% on Monday"
Detailed Quote: http://www.otcpicks.com/quotes/RGNO.php
Regions Oil & Gas Incorporated is a holding company with a strategy seeking to aggregate various business models to operate and enhance for sale or to participate in its subsidiaries becoming fully reporting companies and move to the OTCBB.
RGNO News:
January 28 - Regions Oil & Gas Acquires American Energy Savers
Regions Oil and Gas (OTC: RGNO) announced that it has acquired American Energy Savers of New Haven, CT.
After a little more than a week on job interim President Rick Papaleo was fast at work and completed the acquisition of American Energy Savers.
American Energy Savers is a family owned and operated business that prides itself on customer satisfaction. Since 1985, AES has offered its customers cutting edge products with superior workmanship. AES is one of the leading contractors for the state of Connecticut's energy conservation programs and has also participated in many projects for Yale School of Architecture. AES has dedicated itself to providing its customers with outstanding products and excellent service.
"This acquisition is a great deal for Regions Oil. The company has strong revenues with growing profits. It is important that management adds value to Regions and American Energy Savers does just that," stated Rick Papaleo, President of Regions Oil & Gas.
American Energy Savers has contracts with projected revenues exceeding 2 million dollars with an expectation of a 20% increase over 2007.
Additional announcements are expected shortly with regard to a name change, new President and other company matters.
Also, the company is preparing a "State of the Company" that will include a Balance Sheet and a list of Assets with details regarding the assets. The target date is the week of February 4.
INTERNATIONAL CONSOLIDATED COMPANIES (OTCBB: INCC)
"Up 63.64% on Monday"
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.
PARADIGM MED INDUSTRIES (OTCBB: PMED)
"Up 18.18% on Monday"
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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