Dallas, TX 2/2/2008 1:27:30 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, February 1st UOMO, CDIN, CPRK, CWRM, UDTT, USPR

Our Stocks to Watch today include UOMO Media Inc. (OTCBB:UOMO), Cascadia Investments, Inc. (OTC: CDIN), Copper King Mining Corporation (OTC: CPRK), Cotton & Western Mining, Inc. (OTC: CWRM), Universal Detection Technology (OTCBB: UDTT), U.S. Precious Metals, Inc. (OTCBB: USPR)

 

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UOMO MEDIA INCORPORATED (OTCBB: UOMO)

 

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

 

Company Profile: http://www.otcpicks.com/uomo-media/uomo-media.htm

 

UOMO Media Inc. (OTCBB:UOMO) is a publicly trading entertainment company that acquires, produces, manages, and monetizes entertainment-based intellectual property globally. The company is focusing on the development of four core business units: UOMO Digital, UOMO Recorded Music, UOMO Talent Management and UOMO Publishing. There is a massive and ongoing demand for music and entertainment. IFPI estimates that globally, the broader music industry was worth US$130 billion in 2006.

 

UOMO News:

 

February 1 - UOMO Media Inc. Launches Talent Management Division

 

UOMO Media Inc. (OTCBB: UOMO), a multi-channel entertainment and media company, announced the launch of its Talent Management Division.

 

The division is tasked with maximizing the revenues that artists and producers are able to generate across all platforms. This includes developing and implementing strategies related to live performances/touring, merchandising, sponsorship/endorsement, licensing to film/TV/video games as well as the production and sale of recorded music. Where appropriate, artists will be signed to ‘360’ deals, where UOMO helps the artist to develop multiple revenue streams, and in return UOMO receives a portion of those revenues.

 

Mr. Camara Alford, CEO and Chairman of UOMO Media Inc., has over 18 years of experience in the music industry. Prior to joining UOMO Media Inc. he managed award-winning artists and producers, delivering singles for Britney Spears, Rihanna, and the Idol brand among others.

 

“UOMO’s overall strategy is to work with artists and producers to maximize their revenue earning potential over diverse media platforms,” commented Mr. Alford. “The launch of this division is a key milestone in implementing this strategy.”

 

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 31 - Pacific Northwest Real Estate Markets Remain Robust

 

Cascadia Investments, Inc. (OTC: CDIN) announced that, while the rest of the country is experiencing turmoil in their real estate markets, the Pacific Northwest continues to experience growth as a result of its diversified economy, which is responsible for employment and migration from other parts of the country.

 

The following is an excerpt from a recent USA TODAY article:

 

In many cities, home sales are suffering from the collapse of the sub prime market and a wave of foreclosures. But Tacoma, Washington is largely insulated from that turmoil.

 

In part, that's because the area is home to two military installations: Fort Lewis and McCord Air Force Base. And it has a leading North American seaport that's a gateway to Asia and Alaska. Some new residents are drawn to the area for its proximity to three large national parks: Mount Rainier, Olympic and North Cascades.

 

"We have a real solid market year in and year out," says Patrick Maddock, president of the Tacoma-Pierce County Association of Realtors. "Foreclosure is not a big problem here." Tacoma also attracts some homeowners who work in Seattle. "They prefer the less-urban locale, and they like to maintain their quality of life here because it's more affordable."

 

"If buyers are waiting for the bottom to fall out, it's not going to happen," says Tom Hume, a real estate agent at Windermere Professional Partners.

 

One reason Tacoma's home sales have slowed, experts say, is that they're following record sales in 2004 and 2005. The downturn hasn't had an effect on prices, which are still rising, because Tacoma has a solid economy based on strong employment:

 

The Tacoma news tribune reports "Pierce County home prices increased last year amid a difficult national housing market, though not as substantially as price boosts elsewhere in the Puget Sound."

 

Propertyshark.com recently reported that Seattle has the lowest number of foreclosures between New York, Miami, and Los Angeles. Seattle comes in second for lowest rate of foreclosures.

 

All of the positive news is encouraging for Cascadia Investments, Inc. as it continues with its focus of creating equity, generating revenue, and maximizing the value of its stock.

 

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 31 - Copper King Mining Corporation and Western Utah Copper Company Merge

 

Copper King Mining Corporation (OTC: CPRK) announced that the company has acquired 100% ownership of Western Utah Copper Company.

 

The merger brings together 2 very good assets which combined total over 92,000 acres of mining claims, a line of mining equipment including but not limited to core drills, back hoes, crawlers, mining trucks, blasting equipment, fuel trucks, and dozers. The company has to date removed over 1,600,000 tons of overburden on their Hidden Treasure. Removal of the overburden has produced in excess of 200,000 tons of ore, some of which is extremely high-grade ore to be processed in the company's new state of the art milling facility, that when completed will be capable of processing 2,500 short tons of ore per day. The companies' assets include numerous copper deposits that contain gold and silver. The gold and silver is a substantial credit to the copper ore and when compared to other copper deposits worldwide, some of which have no gold and silver at all, is very substantial.

 

The estimated life of the combined assets of the companies is over 300 years.

 

The new company will retain the name Copper King Mining Corporation and management of Western Utah Copper will become the management team of the new company.

 

Copper King Mining Corporation will set a new board of directors to be announced, which will consist of members of the boards from both companies.

 

COTTON & WESTERN MINING (OTC: CWRM)

"Up 266.67% in morning trading"

 

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

Cotton & Western Mining, Inc. (the “Corporation”), a pubic corporation traded under the symbol CWRM, was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior “Iron Mineral Mining” company. Iron ore mining can be a simple low-tech process or a very expensive and sophisticated undertaking.

 

CWRM News:

 

February 1 - Cotton & Western Mining, Inc. Projects 2008 Revenues to Exceed $100 Million

 

Cotton & Western Mining, Inc. (OTC: CWRM), Robert L. Cotton, President & C.E.O. of Houston-based Cotton & Western Mining, said today that the company is expecting to get at minimum six months production from its Baja California new iron and copper ore production in year 2008 and with metal mineral prices at all time highs, only 60,000 dry metric tons of copper ore and 900,000 dry metric tons of iron ores would be needed to exceed $100,000,000.00 in gross revenues.

 

The company anticipates production of crude iron and crude copper ore to begin no later than June, 2008 with modest expectations for production of ores.

 

The company has received several offers within the last few weeks for off-take agreements for both the iron ore and copper ore production from its Baja Pacific No. 5 mineral deposit. Bench mark pricing for the first quarter of 2008 for raw crude iron ore in fines at minimum 64.5% Fe is $62.00 F.O.B. per each dry metric ton and bench mark pricing for the first quarter of 2008 for raw crude copper ore in lump at minimum 28% Cu is $1,350.00 C.I.F. per each dry metric ton. The company is planning on setting up production of copper ore at 10,000 DMT per month and production for iron ore fines will be set at 150,000 DMT per month.

 

UNIVERSAL DETECTION (OTCBB: UDTT)

"Up 23.08% in morning trading"

 

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

 

Universal Detection Technology engages in the research and development of bioterrorism detection devices in the United States. The company primarily offers the BSM-2000 device, an automated real-time bacterial spore detector, used for detection of abnormal levels of airborne endospores, such as anthrax. BSM-2000 is designed to provide unattended monitoring of airborne bacterial spores in public places, with real-time automated alert functionality. Universal Detection Technology also offers anthrax detection test kits, training material and references, and training DVDs and videos, as well as event security, research, and consulting. The company, formerly known as Pollution Research and Control Corporation, was founded in 1971. The company is headquartered in Beverly Hills, California.

 

UDTT News:

 

January 31 - Universal Detection Technology Inks Chinese Distribution Agreement for Counter Terrorism Detection Technologies and Services

 

UDTT Enters Agreement to Market Products in China

 

Universal Detection Technology (OTCBB: UDTT) (Frankfurt: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, announced that it has reached an agreement with Kadinuo Science and Technology Company in Beijing to market and distribute UDTT's products in China.

 

Kadinuo Science and Technology has been active in the introduction and promotion of advanced radiation instruments in the Chinese market for over 10 years. Presently, the company is a strong regional supplier of emergency nuclear monitors, environmental radiation monitors, decontamination technologies, and the like. UDTT's BSM-2000 and other bioterrorism and radiation detection technologies are anticipated to be a great match for Kadinuo's present products and services. Kadinuo has established relationships with more than 200 customers in China, including government administrators such as the Chinese State Environmental Protection Administration, Chinese Center for Disease Control and Prevention, Administration of Quality Supervision, Inspection and Quarantine of China, and the Public Security Bureau. In 2006 and 2007, Kadinuo won 13 and 16 government bids, respectively.

 

"China is a vast market and the fastest growing economy in the world. We are excited about our agreement with a major regional power for distribution of our products and we look forward to establishing a strong market in China," said Mr. Jacques Tizabi, UDTT's Chief Executive Officer.

 

UDTT is a supplier of counter-terrorism services and technologies to private and government organizations. The Company owns the license to a patented technology developed at NASA's JPL and utilized in UDTT's BSM-2000 used for autonomous monitoring of the air for presence of airborne bacterial spores such as anthrax. UDTT also supplies detection kits for detection of up to 5 bioterrorism agents. Among the Company's other products are radiation detection systems, educational material & training DVDs, and antimicrobial chemicals.

 

For more info, visit http://www.udetection.com/ or email info@udetection.com.

 

US PRECIOUS METALS (OTCBB: USPR)

"Up 50.00% in morning trading"

 

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

 

U.S. Precious Metals, Inc. engages in the acquisition, exploration, and development of mineral properties. It focuses on gold and base mineral resource properties primarily located in the southern portion of the states of Michoacan and Sonora, Mexico. The company owns exploration concessions to the Solidaridad properties located in Michoacan, Mexico. It also owns interest in the El Diamante gold and silver mining property in southern Michoacan, Mexico. In addition, it holds an option to conduct geological studies on six mining claims located near Caborca in the state of Sonora, Mexico; and to acquire exploration rights on La Ceibra property, which is located in the state of Sonora, Mexico. The company was founded in 1998 and is based in Lithia, Florida.

 

USPR News:

 

February 1 - U.S. Precious Metals Starts Drilling Campaign

 

U.S. Precious Metals, Inc. (OTCBB: USPR) Director Sheldon Baer announced that the roads at the La Sabila project in southern Michoacan have been repaired, the drilling company has arrived and drilling has begun. Mr. Baer went on to say that the certification contractor had arrived on site and would be monitoring the drilling campaign and the processing of the core, to maintain complete integrity.

 

Mr. Baer also said he recognized the importance of processing the core in a timely manner and that as the assay results are received by USPR they would be released to the public.

 

Dave Burney, President of USPR also said today “the first drill hole is located adjacent to an outcrop that assayed .062 opt gold, 17.3 opt silver. Rock chip samples from another location assayed 0.335 opt gold, 1.093 opt silver, 0.185% copper, and is scheduled to be cored next.

 

US Precious Metals, Inc. is a gold exploration company operating in Mexico through its wholly owned Mexican subsidiary, U.S. Precious Metals de Mexico. US Precious Metal’s common stock is quoted on the OTC Bulletin Board under the symbol "USPR."

 

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