Our Stocks to Watch today include Copper King Mining Corporation (OTC: CPRK), ReelTime Rentals, Inc. (OTC: RLTR), Titan Trading Analytics, Inc. (OTCBB: TITAF), RiT Technologies (NASD: RITT), Techalt, Inc. (OTC: TCLT), Global Beverage Solutions (OTCBB: GBVS)
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COPPER KING MINING (OTC: CPRK)
Detailed Quote: http://www.otcpicks.com/quotes/CPRK.php
Company Profile:
http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm
Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.
CPRK News:
January 29 - StockTalkLIVE and Stock Information Systems Go Private
International Broadcasting Corporation, now known as Copper King Mining Corporation (OTC: CPRK), announced that IBC and all intellectual property is involved in a "going private" transaction as of Jan 16, 2008. International Broadcasting Corporation owns and operates StockTalkLIVE and Stock Information Systems, Inc. Since the planned acquisition of Copper King Mining was first announced, IBC has been re-evaluating its core business focus with the plan to become private. Copper King Mining Corporation will remain publicly traded.
Both IBC and SIS websites are undergoing significant changes to reflect these developments and strategy for ongoing operations will be forthcoming. IBC wishes to thank its loyal shareholders for their support over the years. Moving forward, IBC/SIS wish the best to former shareholders and to Dwayne Allred and the Copper King Mining team.
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."
TITAN TRADING ANALYTICS (OTCBB: TITAF)
"Up 32.43% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TITAF.php
Titan Trading Analytics Inc. develops financial software and publishes online neural network based stock market timing and trading analytics software. The Group's online software tools have the features of real time charting analytics, published market commentary, stock screening software and built-in instant messaging. The online trading software helps money managers, trading firms and traders to identify and time stock trade entries and exits. Currently in the development stages, the Group is developing TradeStation, an off the shelf Windows based commercial trading strategy testing and charting program.
TITAF News:
January 29 - Titan Trading Provides Operations Update
Titan Trading Analytics Inc. (OTCBB: TITAF) (CDNX: TTA) ("Titan") and its wholly owned subsidiary, Titan Trading USA, reported several recent key operational developments recently.
First, Titan is pleased to announce it has completed the development of Version 2 of its QuickTick Charting application and QuickTick Server. The communications software linking QuickTick Charting with the Server was provided by a third party in Version 1, but it has been re-written by Titan developers for Version 2, as a required step before market launch. The new communications software is designed to be both more reliable and easier to scale up to a large number of users.
Titan is also announced that it has added two developers with over 20 years of combined experience to its software development team, boosting the number of full-time developers to five. Fadi Khair and Roxana Marin are both university graduates holding Computer Science degrees, with extensive database development and professional programming experience.
Finally, Titan is upgrading its home office in Edmonton to a new 4500 square foot state of the art data center. The new data center will be critical to Titan's market roll-out and redundancy operations, and will house Titan's server room in a secured 300 ft. former bank vault. The server room itself is equipped with rack-mounted multi-core Dell PowerEdge servers, a Diebold air-conditioning system, an inert-gas fire suppression system, and a 100kw diesel-powered electrical backup system.
RIT TECHNOLOGIES (NASD: RITT)
"Up 35.10% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/RITT.php
RiT Technologies, Ltd. engages in developing intelligent physical layer solutions. Its products include PatchView, an intelligent infrastructure management solution that provide real-time connectivity information to the data network's connectivity infrastructure; SMART Cabling System, a structured cabling system for commercial buildings; and PairView, an outside plant management and qualification system, which enables telephone companies to identify, record, and test the connectivity routing of local loop pairs and updating the telephone companies' database. The company also offers PairQ, a digital subscriber line (DSL) mass loop qualification product line that qualifies existing copper infrastructure for the provision of DSL services; and PairView Pro, a local loop mass verification system, which identifies and maps various digital services carried on a line. RiT Technologies markets its solutions primarily through local agents, distributors, value added resellers, systems integrators, and installers. It has strategic partnerships with Panduit Corporation, Brand-Rex Limited, Belden/CDT, and ADC. The company was founded in 1989 and is headquartered in Tel Aviv, Israel.
RITT News:
January 29 - RiT Technologies Reports Q4 and Full-Year 2007 Results
RiT Technologies (NASD: RITT) announced financial results for the fourth quarter and full-year period ended December 31, 2007.
Revenues for the fourth quarter of 2007 were $8.8 million, an 80% increase compared to $4.9 million for the third quarter of 2007, and a 24% increase compared to $7.1 million for the fourth quarter of 2006. Net income for the quarter was $92,000, or $0.01 per basic and diluted share. This compares with a net loss of $2.8 million, or $0.19 per basic and diluted share, for the third quarter of 2007, and net income of $101,000, or $0.01 per basic and diluted share, for the fourth quarter of 2006.
For the twelve month period, revenues were $23.4 million compared with $25.1 million for 2006. Net loss for the period was $5.3 million, or $0.36 per share (basic and diluted) compared with $1.7 million, or $0.12 per share (basic and diluted) for 2006. The results for the twelve-month period included a write-off of $1.8 million for slow-moving inventory reflected in Cost of Sales, and non-cash share-based compensation expense of $408,000. The results of 2006 included non-cash share-based compensation expense of $500,000.
Commenting on the results, Doron Zinger, President and CEO, said, "As expected, we have reported a strong top-line for the fourth quarter, due primarily to our recognition of a multi-million dollar Carrier deal booked earlier in the year. These stronger revenues have returned us to breakeven despite the fact that our Enterprise sales this quarter were unusually weighted toward lower-margin equipment, a fact which increased the strategic importance of the cost-cutting measures we implemented last quarter."
Mr. Zinger continued, "We believe the strategies that we are following will enable us to achieve better results in 2008. To increase our sales, we continue to build our channels and to expand our reach into target regions. OEM sales of our Enterprise solutions continue to rise, demonstrating a clear ramp-up of the efforts of our existing partners and the addition of new partners for emerging regions. In parallel, we expect to record the full effect of our cost cuts beginning in the first quarter, a development which will further stabilize our business and improve our results. Taken as a whole, we believe we have put a sound plan into motion and look forward to reporting progress in the future."
TECHALT INCORPORATED (OTC: TCLT)
"Up 64.29% in morning trading"
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 28 - Techalt, Inc. Merger Partner EV Parts, Inc. Announces Electric Vehicle Applications for Dodge and Toyota Vehicles
Techalt, Inc. (OTC: TCLT) ("Techalt" the "Company") announced that its merger partner, EV Parts, Inc. (“EV Parts”), an online supplier of electric vehicle parts and components, has announced it will soon be carrying electric vehicle (“EV”) applications for the Dodge Neon and Toyota Echo.
EV Parts’ President, Roderick Wilde, stated, “We have been working on many bolt-in kits for the growing EV markets world-wide. We also carry complete bolt-in kits for the Chevy S-10 and Geo Metro. We realize that it will take a bit of time to ramp up bolt-in kits for many other models but it is something that we are pursuing. Additionally, we anticipate providing a specialty use kit for Land Rovers as well as a new AC drive conversion kit to turn a Golf TDI into a Plug-In Biofuel Electric Hybrid.”
“The current macro problem with others in the EV conversion market is that they have to rely on outside venders for their fabrication. The only way to solve this problem is to have your own fabrication facility. Since all we will be doing is EV-related fabrication we can hire as many people as necessary to handle increased demand for products and roll out our proprietary innovations globally,” said Mr. Wilde.
Tom True, EV Parts’ Chief Executive Officer, commented, “Part of our reasoning for entering the public sector is the tremendous opportunities we see globally. We are currently shipping to over 45 countries. We anticipate that upon opening our planned 3-6 international store/distribution/fabrication centers, some in tax-free zones established through prearranged meetings with foreign nationals, our delivery time and margins will significantly improve along with our name brand in this multi-billion dollar 'green' industry."
EV Parts will soon be featured on “Mean Green Machines”, a new show airing on the Discovery Channel. The broadcasting schedule will be announced shortly.
EV Parts, Inc. is an online supplier of electric vehicle parts and components and has been selling products in the Robotic/Electrathon, Industrial, Personal Mobility, Marine/RV, and Renewable Energy markets. EV Parts’ merger with Techalt, Inc. is expected to close on or before March 18, 2008.
GLOBAL BEVERAGE SOLUTIONS (OTCBB: GBVS)
"Up 30.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GBVS.php
Global Beverage Solutions, Inc. invests in a portfolio of companies that primarily engage in manufacturing, distributing, and selling beverages worldwide. Its portfolio companies include Rudy Beverage, Inc., which manufactures and sells beverages; and EON Beverage Group, Inc., which manufactures bottled water under EON name through a proprietary process that alters the molecular structure of purified water. The company also has interests in Titanium Design Studio, Inc., a titanium jewelry manufacturer. Global Beverage was incorporated as Aussie Apparel Group, Ltd. in 2002 and changed its name to Bluetorch, Inc. in 2003. Subsequently, it changed to Pacific Crest Investments in April 2005 and to Pacific Peak Investments in May 2005. Later, the company changed its name to Global Beverage Solutions, Inc. in October 2005. Global Beverage is based in Plantation, Florida.
GBVS News:
January 29 - Global Beverage Solutions Enters Into Agreement to Repurchase 60,500,000 Shares of its Common Stock
Repurchase Will Reduce Outstanding Shares by 40 Percent
Global Beverage Solutions (OTCBB: GBVS) announced that it has entered into an agreement to repurchase 60,500,000 shares of its common stock from XStream Beverage Network, Inc. The shares were originally issued to XStream Beverage as part of Global Beverage's acquisition of Beverage Network of Maryland, Inc., a "New Age" beverage distribution company, in February 2007.
In connection with the repurchase transaction, Global Beverage issued a convertible note in the principal amount of $700,000 to XStream Beverage in consideration for the repurchase of the shares. The note bears interest at the prime rate plus 2% and matures on October 31, 2008. If Global Beverage defaults under the note, the holder of the note has the option to convert the outstanding principal and any accrued interest, or any part thereof, under the note into shares of Global Beverage's common stock. A default under the note will be deemed to occur if, among other things, Global Beverage fails to make a $500,000 payment under a related note on or before May 1, 2008.
"We are pleased to have entered into this agreement, which will reduce the number of our shares outstanding by 40 percent," said Jerry Pearring, president and chief executive officer of Global Beverage. "We believe the repurchase will allow us to optimize our capital structure in an effort to enhance shareholder value."
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