Dallas, TX 2/9/2008 12:48:35 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, February 8th MEVT, CPRK, RCCH, IMHI, HSOA, DIAAF

Our Stocks to Watch today include MSE Enviro-Tech Corporation (MEVT), Copper King Mining Corporation (OTC: CPRK), RCC Holdings Corp. (OTC: RCCH), Integrated Media Holdings, Inc. (OTCBB: IMHI), Home Solutions of America, Inc. (OTC: HSOA), Diamant Art Corporation (OTCBB: DIAAF)

 

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MSE ENVIRO-TECH CORPORATION (OTC: MEVT)

 

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

 

Company Profile: http://www.otcpicks.com/mse-enviro/mse-enviro.htm

 

MSE Enviro-Tech Corporation (MEVT), a company incorporated under the laws of the State of Delaware, is an agent in technology transfer, dedicated to providing access to world class technologies available today.

 

Many innovative technologies never gain significant market adoption in the marketplace. This occurs even when there is a major investment in the technology. The common reason for the slow market adoption of innovative technology centers on the challenges of field execution in gaining commitment from high adopting, decision making, prospects. Slow adoption also occurs because of the great expense and long time frames needed to build highly effective sales channels, sales teams and a market presence.

 

MEVT strives to seek out technologies that meet some or all of the following criteria: a significant technological advancement, have a global market and are socially and environmentally responsible. Our focus is to partner with innovative technology companies and facilitate the adoption of their technologies with our established prospect organizations.

 

Using a market driven approach to facilitate the identification and acquisition of external technologies, MEVT transfers proprietary technologies to beneficial companies to help develop superior products resulting in a strategic marketplace advantage.

 

MEVT provides comprehensive solutions for transferring new technologies, managing intellectual property and providing intellectual property consultation. In exchange for facilitating the integration of these technologies into a company’s portfolio MEVT is compensated in the form of cash payment, percentage of gross revenues, equity securities or a combination thereof.

 

MEVT News:

 

February 8 - Titan 21 Fire Blanket to Be Demonstrated to Industry Professionals

 

Demonstration at Windsor Fire Dept. Facilitated by Janus Products Corp.

 

Megola Inc. (OTC: MGOA), in collaboration with MSE Enviro-Tech Corp. (OTC: MEVT) (Frankfurt: MEH), announced that they will be attending and assisting in a demonstration of the Titan 21 Fire Blanket for the Windsor Fire and Rescue Service in Windsor, Ontario, Canada, on February 19th. The demonstration was arranged by Janus Products Corp. to increase market awareness and showcase the capabilities of the Titan 21 Fire Blanket to industry professionals.

 

"With the Windsor region having a population of over 300,000 we are excited to have the opportunity to demonstrate the Titan 21 Fire Blanket in front of their fire industry professionals," states Joel Gardner, CEO of Megola.

 

ABOUT THE TITAN 21 FIRE BLANKET

 

The Titan 21 Fire Blanket is made from 100% cotton fabric that has been treated with Hartindo AF21 Fire Inhibitor. It is non-irritating and non-toxic and is resistant to bacterial and fungal contamination.

 

The Titan 21 Fire Blanket will not burn or be penetrated by fire, acting as a wall of protection. The Titan 21 Fire Blanket can protect the body from fire and can also be used to blanket and extinguish the fire source. Thus, the Titan 21 Fire Blanket is ideal for residential use as it can be used as a protective blanket to escape fires and as a first response tool in areas where a fire risk exists, such as kitchens, garages, fireplaces, vehicles etc.

 

The results of recent third party testing of the Titan 21 Fire Blanket have shown that it passes the requirements of NFPA 701 and NFPA 2112.

 

ABOUT JANUS PRODUCTS CORP.

 

Janus Products Corp. — The Power of Innovation for Better Living — specializes in the marketing of innovative products that contribute to health, personal safety and the environment while improving our everyday lives. Janus Products Corp. also recognizes that consumers will benefit through their innovative product lines to which Janus will be dedicated in providing access to these products through their online portal, area distributors and select retail chains.

 

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:

 

February 7 - CORRECTION: Copper King Mining Corporation Signs an Irrevocable Purchase Order with Kataman Metals

 

The contract discussed below is with WUCC, a wholly owned subsidiary of CKMC. Copper King Mining Corp. regrets any confusion this may have caused.

 

Copper King Mining Corporation (OTC: CPRK) announced that Kataman Metals of St. Louis, Missouri has provided an irrevocable purchase order for the life of the mine to purchase all metals produced at the mine. Kataman will direct where to ship the concentrate for refinement. Payment can be made on verification of shipment. Kataman has been in business for over 15 years and is a large company that purchases metal production from nearly all big producers.

 

Interested parties may view photos and video of the patent deeded areas owned by Copper King Mining Corporation at http://www.thecopperkings.com/, and assets owned and controlled by Western Utah Copper Company at http://www.westernutahcopper.com/

 

RCC HOLDINGS CORP (OTC: RCCH)

"Up 166.67% in morning trading"

 

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

 

RCC Holdings, Corp., through acquisitions, offers consulting, financing and overall business structure in the public and private equity sectors. RCC Holdings, Corp. specializes in finding undervalued small cap and microcap companies with exciting products, services or technology that are poised for explosive growth. RCC Holdings Corp. provides these companies with guidance and strategic counseling to help them succeed. RCC Holdings Corp. is currently in negotiations with several companies which meet these criteria. The company' mission is to create value for our shareholders by applying strong technical expertise to strategies that will unlock substantial oil and gas resources in areas where production can be achieved quickly and efficiently

 

RCCH News:

 

February 7 - RCC Holdings President Announces Company Updates to Board of Directors

 

RCC Holdings Corp. (OTC: RCCH)/IWS is involved in Over Sixty Million Dollars worth of Waste Water Systems Projects’ and Contracts in the State of Montana. These are projects and contracts where RCC/IWS has received the initial monetary deposits for work to be completed. Additional contracts and revenue is expected to be generated in the State of Montana in the very short term.

 

There are seven (7) other States that are currently in the final stages of completion. The shareholders will be updated as the various States are completed and will include revenue figures.

 

RCC/IWS is also pleased to announce that on the International front that they are currently working on the completion of projects for four (4) different countries. This is the start of overseas projects which again should be announced in the short term.

 

The current RCC website will be updated. The IWS website is under construction and should be available in the near future.

 

The RCC Board of Directors is committed to keeping the shareholders updated to all events, domestic and International, as they occur.

 

INTEGRATED MEDIA HOLDINGS (OTCBB: IMHI)

"Up 33.33% in morning trading"

 

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

 

Integrated Media Holdings, Inc., through its subsidiaries, provides digital video delivery and asset management solutions and platforms to content owners and producers over the broadband and Internet protocol networks. Its integrated content management and distribution system, EcoSystem, supports the distribution of entertainment, information, and communications services to connected customers and broadband communities over broadband and Internet protocol networks. The company markets EnHance, a content delivery solution for owners of Web-based portals that pushes DVD-quality video content directly to the desktop of users; and EnGage, a broadband television platform, which allows content owners to deliver channels of video content directly to viewers. Integrated Media also develops EnVision, an Internet protocol television and Web streaming content delivery solution; and the Endavo Digital Broadcast System, which enables distribution of digital content and services to the end-user personal computer or enabled device directly, via delivery portals and broadband Internet connections, or through managed community networks controlled by local network service providers. In addition, it provides Internet transit and network transport services to Internet service providers, carriers, and enterprise customers, as well as develops a fiber network to facilitate distribution of video, music, games, and downloads; and develops portals and Web sites that create and enable members of online communities to exchange goods, media, and ideas. The company was founded in 1999. It was formerly known as Endavo Media and Communications, Inc. and changed its name to Integrated Media Holdings, Inc. in 2006. Integrated Media Holdings, Inc. is headquartered in Atlanta, Georgia.

 

IMHI News:

 

February 7 - TeleChem International, Inc. Completes Business Combination With Integrated Media Holdings, Inc.

 

Integrated Media Holdings, Inc. (OTCBB: IMHI) announced that it has completed the definitive agreement for a business combination via an acquisition of all outstanding common stock of TeleChem International, Inc., ("Arrayit") a pioneer in the biotech market located in Sunnyvale, California. IMHI's board of directors also announced the approval of a 1 for 30 reverse split. IMHI acquired all the outstanding shares of TeleChem International, Inc. in exchange for 35,000,000 post-split shares of IMHI as part of the business combination.

 

"This business combination of TeleChem International, Inc. is a significant milestone for IMHI, and is crucial to the future success of the company," stated Bill Sklar, President and CEO of Integrated Media Holdings, Inc. After giving effect to the reverse split, and prior to the combination with Arrayit, there were roughly 500,000 outstanding shares. No fractional shares will be issued, and shareholders will receive cash in lieu of their fractional shares.

 

TeleChem International, Inc. provides products and services to the biotechnology industry, and is a leader in microarray analysis and manufacturing technology, and operates under the name Arrayit. "The business combination with IMHI is an exciting first step towards development of the strategic plan for Arrayit," states Rene Schena, Chief Executive Officer of TeleChem International, Inc. "We believe this will enhance our ability to access capital and further the growth strategy as a leader in the biotech niche we serve," Schena stated.

 

ABOUT ARRAVIT

 

TeleChem International, Inc. is headquartered in the Silicon Valley of California and operates under the name Arrayit in the biotechnology industry. Arrayit specializes in empowering the biotech industry by providing unique products and services to a universal biochemistry platform. Arrayit and its founders are pioneers of Microarray Analysis and leading providers of trade secret protected products such as slides, substrates, and accessories. Arrayit has over a decade of excellence and quality dedicated to meeting the needs of the research and pharmaceutical industry. Please visit www.Arrayit.com for more information.

 

Ms. Rene Schena, President and Founder of TeleChem International, Inc., opened the company in 1993 and moved it into the biotech sector in '96. She has led the Company to become a leader in DNA microarray technology. She led the Company to receive awards in 2002 and 2003 from Inc. Magazine as one of the top 500 fastest growing privately held companies. In 2005 the company was recognized by the Silicon Valley Business Journal as the 11th largest woman-owned business in Silicon Valley. Ms. Schena's strong business background and management expertise are key contributions to TeleChem's infrastructure.

 

Mr. Todd Martinsky is a Co-founder and Vice President of the Company and has a deep rooting in education and consulting. He has led the Arrayit Division since 1997, bringing it to play a significant role in the microarray industry by establishing successful alliances and is responsible for an education outreach program that ensures that the Arrayit Micro Spotting Device is applied in the field with optimal scientific and technological accuracy.

 

Dr. Mark Schena, world-renowned biochemist, is essentially the Father of Microarray Technology. He and his colleagues at Stanford University first published a paper on the technology in 1995. Dr. Schena's credentials are an incomparable scientific pedigree. Through his years as student, colleague, and teacher, he has worked with a number of top scientists around the world. Currently, Dr. Schena is a Visiting Scholar and Consultant in the Arrayit Life Sciences Division.

 

Mr. Paul Haje has served as the Company's Director of Public Relations since 1999. Mr. Haje is very accomplished in his field and has aided in developing Arrayit as a viable brand in the industry. Mr. Haje won the 2003 Signet Advertising Award for Best Full Page Ad in the life sciences sector. He has extensive experience in all areas of advertising and marketing, and has recently represented the Company at the U.S. FDA's Microarray Quality Control Projects I and II.

 

HOME SOLUTIONS OF AMERICA (OTC: HSOA)

"Up 21.57% in morning trading"

 

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

 

Home Solutions of America, Inc. provides restoration, construction, and interior services to commercial and residential properties in the United States. It operates through two segments, Restoration and Construction Services, and Interior Services. The Restoration and Construction Services segment provides recovery services, including initial set up services in an impacted area; and drying, dehumidification, cleanup, and removal of debris from commercial and residential areas. Its construction services include providing services to specialized building markets, including hospitality and gaming, insurance, education, and healthcare markets. This segment also provides fire and water damage restoration services; and indoor air contamination services, including contamination from mold, asbestos, and lead paint. In addition, it offers cleaning and fabric protection services to protect furniture, carpet, and draperies from stains and daily wear; and air duct cleaning services to remove particulate material from heating and air conditioning systems. The Interior Services segment manufactures and installs cabinets and countertops, including custom marble and granite countertops installation for residential customers. This segment also provides granite fabrication and installation services to the residential and multifamily markets. The company was incorporated in 1998. It was formerly known as U.S. Industrial Services, Inc. and changed its name to Nextgen Communications Corporation in February 2002. Further, it changed its name to Home Solutions of America, Inc. in December 2002. Home Solutions of America is headquartered in Dallas, Texas.

 

HSOA News:

 

February 8 - Home Solutions of America Settles Initial Claim on Vista Royale Condominiums

 

Home Solutions of America, Inc. (OTC: HSOA) (the "Company") has settled its initial claim on the Vista Royale Condominiums component of the Florida Insurance Guarantee Association ("FIGA") construction recovery claim for $35 million.

 

After deduction for monies previously paid, as well as payments to the Vista Homeowner's Association, certain legal fees and payments made to select subcontractors, the Company received approximately $14 million.

 

The Company has two additional unresolved claims with FIGA for work completed on the Delmar Condominiums and Tropic Villa Condominiums in Florida which the Company continues to pursue. The settlement removes a lien of $23.7 million recorded against the property for the unpaid portion of work, which was dismissed as part of the settlement. A copy of the final settlement agreement has been filed with the SEC as Exhibit 4.1 and is incorporated by reference herein.

 

The Company entered into a Forbearance Agreement dated February 6, 2008 with its lenders under its Revolving Credit Facility, Term Loan and Letter of Credit Facility. Under the Forbearance Agreement, the Company paid $10.1 million in principal from the FIGA proceeds, which reduced the outstanding amounts due under the facilities to $39.9 million, in exchange for the lenders agreeing, subject to certain conditions including the absence of any subsequent default, to forego taking any action permitted under the original credit facility until July 1, 2008.

 

HSOA also paid all accrued interest in an amount of $1.28 million and a fee of $100,000 to the lenders. In addition the Company is permitted to keep up to $1.25 million from an anticipated Federal Tax Refund expected during the 2008 first quarter and up to $1.75 million from any future settlement with FIGA on the Delmar property. Proceeds received by the Company above these amounts will be used to further pay down the Company's obligation to its lenders.

 

DIAMANT ART CORPORATION (OTCBB: DIAAF)

"Up 40.00% in morning trading"

 

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

 

Diamant Art Corporation primarily engages in the production, distribution, and marketing of replications of original paintings. It produces replications of original paintings that incorporate brushwork texture, including oil, acrylic, and other textured pigment mediums under the name Artagraph using its patented and proprietary technologies. The company manufactures reproductions of impressionist and postimpressionist paintings, as well as paintings by contemporary artists. It also contracts with art publishers, and produces and sells replications of contemporary works of art. Diamant Art supplies its catalogue products to retail store or art gallery customers in Canada and the United States. In addition, the company intends to manufacture a non-PVC (poly vinyl chloride) food packaging stretch film, under license from Diamant Plastics Corp. and under the trade name DIAMANT. Diamant Art was incorporated in 1986. It was formerly known as ART International, Inc. and changed its name to ART International Corporation in 2003. Further, the name was changed to Diamant Art Corporation in 2004. The company is headquartered in Markham, Canada.

 

DIAAF News:

 

February 7 - Google, the Internet Giant, Orders Bio-Degradable Film From Diamant, as Google Fulfills Commitment to Convert to Eco Friendly Solutions in an Effort to Contribute to Global Preservation

 

Diamant Art Corporation (OTCBB: DIAAF) announced that, through its wholly owned subsidiary, Bio-Plastics Film Inc., it has received an order for bio-degradable plastic film from Google based on their commitment to become a company that in every way consumes responsibly in the light of our ecological global crisis. The NON-PVC plastic bio-degradable film will be used for the Company's internal requirements.

 

This purchase is based on a comprehensive plan that Google has committed to execute implementing some environmentally sound strategies that include reducing energy consumption by maximizing efficiency, investing in and utilizing renewable energy sources, and purchasing carbon offsets for the emissions that can't directly reduced.

 

This current initiative is part of Google's continuing commitment to a clean and green energy future. Google has been making great strides in converting to eco friendly solutions and optimizing energy efficiency to making the business environmentally sustainable.

 

Last spring Google announced that it would be carbon neutral for 2007 and beyond. The Company has taken concrete steps to reduce the carbon footprint and accelerate improvements in green technology. In addition to "greening" the Company, they have announced that they are also cooperating with members of the tech community to improve efficiency on a broader scale.

 

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