Our Stocks to Watch today include UOMO Media Inc. (OTCBB:UOMO), Drake Gold Resources (OTC: DKGR), AML Communications, Inc. (OTCBB: AMLJ), Lyric Jeans, Inc. (OTC: LYJN), Neah Power Systems, Inc. (OTCBB: NPWS)
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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.”
DRAKE GOLD RESOURCES (OTC: DKGR)
"Up 10.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DKGR.php
Drake Gold Resources, Inc. is in the midst of creating a diversified natural-resource holding company, with a portfolio of precious and industrial metal-producing mines, as well as the creation of an oil/gas subsidiary. Diversification, as well as innovative exploration tactics, are part of an overall strategic plan being carried out by the company's formidable team of natural-resource development executives. Diversification plans include the development of gas, oil, gold, silver, and industrial-metal producing projects. For further information about Drake Gold Resources, visit http://www.drakegold.com/.
DKGR News:
February 4 - Drake Gold Resources Signs Joint Venture and Distribution Agreement With Aero Mining Technologies
Drake Gold Resources (OTC: DKGR) announced an agreement with Dove Mining USA d.b.a. Aero Mining Technologies. Aero has agreed to use Drake as a distributor and finance banking arm of the products it has to offer. In addition to the distributor and financing arrangements, it has entered into a joint venture to provide necessary equipment for Drake's Georgia operations.
The joint venture agreement with Aero Mining Technologies has secured The Explorer 500 a $300,000 piece of equipment with accessories. The equipment will be sent directly to Georgia via boat crate transport as soon as possible. The agreement provides the unit at no cost to Drake but guarantees Aero a 10% net smelter royalty of net revenues from Drake's 75% working interest. Once Aero has obtained $600,000 from the proceeds the agreement will change to a 1% NSR, at which time Drake will own the equipment entirely.
The Explorer 500 is a wash and portable gravity separation plant which insures continuous and efficient concentration and recovery of (100%) of gold over the selected sieve size. The gold processing plant is supplied as a complete plant, including Ore Feed Hopper, Trommel (Classifier), Duplex Jig Concentrator, Trailer, Centrifugal Pump, Piping and Maintenance kit. On Drake's Georgia project this unit will process 50 tons per hour. No chemicals are necessary and water can be recycled. The Explorer 500 can recover gold as small as flour gold.
For more information about the Explorer 500 visit:
www.dovemining.com/portable_mining_equipment_explorer.htm and http://www.aerominingtech.com/.
The distribution agreement will allow for Drake to showcase the products Dove Mining has — including gold mining equipment and engineering expertise. The agreement includes a fee-based commission for all purchases that Drake introduces to Aero. The agreement has been set up to include the expansion of a financing arm whereas Drake and its board of advisors will use their investment banking contacts to secure equipment lease financing. First-hand review of such financing opportunities will give Drake the ability to review a large group of proven and turnkey projects, as well as negotiating working interests and joint ventures. Both directors of Drake, Clayton Smith and John Marconette, will be joining the board of Aero Mining Technologies.
"We are very excited with recent advancements in Georgia to be able to secure the main component of our gold recovery efforts on our target area. As promised to Drake shareholders, we are building the infrastructure of our operations without any Drake dilution," said President John Marconette. "Forming an alliance with such a well-established mining equipment company like Aero Mining Technologies will give Drake a big boost forward — advancing its business model on all fronts."
AML COMMUNICATIONS INCORPORATED (OTCBB: AMLJ)
"Up 22.22% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AMLJ.php
AML Communications, Inc. engages in the design, manufacture, and marketing of radio frequency and microwave, and medium and high power amplifiers, subsystems, and related products primarily for the defense microwave and wireless communications markets worldwide. Its defense industry products are used primarily in electronic systems for tactical aircraft, ships, ground systems, and missile systems. The company's microwave amplifiers are used in various applications, including telecommunications, radar, simulators, transmitters, and test instrumentation. AML Communications sells its products directly and through independent sales representatives to original equipment manufacturers and system integrators primarily in the defense sector. The company was founded in 1986. It was formerly known as Advanced Milliwave Laboratories, Incorporated and changed its name to AML Communications, Inc. in 1994. The company is headquartered in Camarillo, California.
AMLJ News:
February 4 - AML Communications Reports Third Quarter Results
Revenues Increase by 60%, Net Income by 400%
AML Communications, Inc. (OTCBB: AMLJ) announced results for the third quarter ended December 31, 2007.
Net sales for the quarter were $3.5 million, compared with $2.2 million for the same period a year earlier. The Company reported a net profit for the quarter of $303,000, or $0.03 per share, compared with net earnings of $60,000, or $0.01 per share, for the same period a year ago.
Results analysis:
Revenues for the quarter reflect significant growth in our core defense business. The impact of large production programs is evident on both the top and bottom line. Our going forward strategy is to continue investing in and reaping rewards from growth in the defense sector while continuing investments in our Mica-Tech subsidiary. This quarter we shed approximately 2 cents per share to support Mica-Tech. This level of support is forecasted to continue for the next 4 consecutive quarters.
Why support Mica-Tech and what is the reward:
The Mica-Tech solution is a robust two way satellite communications network designed for the control of the Electric Power Grid. Due to its dedicated features and its two way operation, the system has virtually no competition.
The immediate application for the systems is to support the stabilization of the power grid at peak hours to avoid rolling black-outs. It is well known that the marginality of the power grid is at a critical phase; consequently, the USA power utilities have initiated a strategy named Demand Response, by which large financial rewards are offered against pre-agreed, power reduction contracts signed with aggregators.
Specifically, power utilities pay a Demand Response aggregator approximately $8 monthly for every kilowatt under management. Mica-Tech is a Pacific Gas and Electric (PG&E) aggregator and plans to make their first Demand Response installation to manage approximately 20 Mega-Watts by December 2008. This would generate cash inflow of approximately $160,000 per month, and significantly reduce the need for additional financial support. The company plans to increase the power levels under management to over 100 Mega-Watts within 24 months, which could generate cash inflow of approximately $800,000 per month.
AML’s management sees the opportunity presented to Mica-Tech as an opportunity for AML shareholders. As such, steps are taken to bolster Mica-Tech’s financial and management structure while the company pursues its stated strategy.
For further details, join the company’s conference call scheduled for 1PM PST, Tuesday, February 5, 2008.
The conference call-in Number is 1-888-590-2384, followed by the code 3881345#.
LYRIC JEANS INCORPORATED (OTC: LYJN)
"Up 25.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/LYJN.php
Lyric Jeans Incorportaed is the parent company of Lyric Culture, a music-driven apparel company involving lyrical content on jeans, denim wear and accessories. Each item reflects the song through its design. As the innovator and manufacturer of groundbreaking fashion, Lyric Culture employs a cutting-edge design strategy which allows the wearer to express themselves through the words of their favorite song — a modern twist to wearing your heart on your sleeve (and pant leg). Lyric Culture has deals in place with the largest music publishing companies in the world including Warner Chappell, EMI, Universal, Sony/ATV and BMG to name a few and has secured the rights to utilize lyrics made famous by The Beatles, Janis Joplin, David Bowie, Marvin Gaye, The Bee Gees, Rod Stewart, Steppenwolf and many more. The company currently produces Lyric Culture, a premium rock n' roll apparel and accessories line available at over three hundred specialty boutiques nationwide. For more information, visit http://www.lyricculture.com/.
LYJN News:
February 4 - Lyric Culture to Launch LYRIX 'American Idol' Line for Girls at Macy's
Lyric Jeans, Inc. (OTC: LYJN), the parent company behind the Lyric Culture brand, announced that its LYRIX brand for girls will be sold at Macy's.
Lyric Culture, a premium adult contemporary apparel line, is launching LYRIX, its first brand extension based on the songs and style made famous by the hit television phenomenon "American Idol," which premiered its seventh season on January 15th and 16th. Apparel co-branded with "American Idol" will hit 157 Macy's stores in February 2008 to coincide with show's Final 24 episodes. The initial LYRIX-"American Idol" collection focuses on the tween market, with plans to further expand into kidswear and accessories.
"Macy's truly understands the concept of celebrity-driven and licensed product," said Hanna Rochelle Schmieder, President of Lyric Jeans, Inc. "They are the perfect retail outlet for the LYRIX line and we look forward to building it with them for many years to come," she continued.
LYRIX, a rock n' roll apparel line designed for girls ages 7-16 and driven by popular song lyrics, will debut the "American Idol" collection, which includes tees, denim skirts, jackets and vests, velour hoodies and sweat pants retailing between $US24.00 and $58.00. LYRIX t-shirts will draw inspiration from American Idol imagery and classic pop and R&B hits performed on "American Idol," such as "A Moment Like This," "Party Started," "You Had a Bad Day" and "Girls Just Wanna Have Fun."
"Lyric Culture has taken a unique approach in personalizing musical expression through fashion," added Nora Wong, senior manager of consumer licensing for FremantleMedia Enterprises' North American licensing team. "Lending the ‘American Idol' name to this apparel line is a fantastic extension for both brands and gets to the heart of what our brand is all about."
LYRIX is an extension of the Lyric Culture brand, a premium adult contemporary apparel and accessories line driven by the music of such legendary artists as The Beatles, David Bowie, Marvin Gaye, Janis Joplin, Lynyrd Skynyrd, Bee Gees, Steppenwolf and many more.
NEAH POWER SYSTEMS (OTCBB: NPWS)
"Up 19.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NPWS.php
Neah Power Systems, Inc. (NPWS) is developing long-lasting, efficient and safe power solutions for portable electronic devices, including notebook PCs, military radios and other power-hungry products. The market size for portable power is estimated in the multi-billion dollar range by the research group Frost and Sullivan. Neah Power uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities. This enables lighter-weight, smaller form-factors and lower cost products, as well as an outsourced manufacturing model. The company’s working micro fuel cell prototype, which was demonstrated on September 28, 2007, runs as a closed-loop system without requiring air as an oxidant. As Neah Power pursues the broader military market for fuel cells, it will leverage this characteristic unique to its porous silicon technology to pursue these anaerobic applications, addressing a market whose needs are currently not being met. Further company information can be found at http://www.neahpower.com/.
NPWS News:
February 4 - Joseph R. Bronson Joins Neah Power's Strategic Advisory Board
Industry veteran to advise Company during transition to product commercialization
Neah Power Systems, Inc. (OTCBB: NPWS), a leading developer of fuel cells for military application and portable electronic devices, announced today that it has named Mr. Joseph R. Bronson to its Strategic Advisory Board, which is responsible for advising Neah Power’s management.
Mr. Bronson is President and Chief Operating Officer of Sanmina-SCI Corporation (NASD: SANM), a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. Prior to Sanmina, Mr. Bronson served as President and Director of FormFactor, Inc. (NASD: FORM), a manufacturer of high performance advanced semiconductor wafer probe cards. Mr. Bronson also spent 20 years at Applied Materials (NASD: AMAT) in senior level operations management positions concluding with Executive Vice President and Chief Financial Officer of the company.
“We are fortunate and honored to have Mr. Bronson join our strategic advisory board," said Dr. Chris D’Couto, President & CEO of Neah Power. "We will benefit from his expertise and years of manufacturing, finance, and operational experience in the silicon industry and electronics contract manufacturing industry. His advice will further enable Neah Power’s transition from a development company to a product company. With Mr. Bronson’s experience added, we look forward to bringing our unique and disruptive silicon electrode technology to market quickly with a very cost–effective outsourced manufacturing model.”
Mr. Bronson said, “I am excited to join the Neah Power Strategic Advisory Board which has other luminaries former astronaut Buzz Aldrin and renowned futurist Peter Schwartz. The portable power fuel cell market is an exciting emerging technology area, and Neah’s porous silicon has some unique capabilities like anaerobic and aerobic application. I am looking forward to advising Neah Power in this transition from prototype to product.”
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