Dallas, TX 2/12/2008 7:36:27 AM
News / Finance

OTCPicks.com Stocks to Watch for Tuesday, February 12th PTSH, NYNY, SYDI, ABVG, CCYG, HICKA

Our Stocks to Watch tomorrow include PTS, Inc. (OTCBB: PTSH), Empire Resorts, Inc. (NASD: NYNY), Syndication Inc. (OTCBB: SYDI), ABV Gold (OTC: ABVG), CellCyte Genetics Corporation (OTCBB: CCYG) and Hickok Incorporated (OTCBB: HICKA).

 

Visit http://www.otcpicks.com/ to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.

 

PTS INCORPORATED (OTCBB: PTSH)

"Up 133.33% on Monday"

 

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

 

PTS, Inc., through its subsidiaries, engages in the manufacture, sale, and distribution of automated glove dispensing system. The company owns the rights to the patented Glove Box, a dispenser of disposable latex gloves, to market in the United States and Asia. In addition, PTS provides various services, including inspections of facilities, production of accessibility reports, consultation, expert witness services, review of policies, and procedures of the client. The company was founded in 1996 and is based in Las Vegas, Nevada.

 

PTSH News:

 

February 11 - Disability Access Corporation's Board Approves Introduction of Proprietary Software into China

 

Disability Access Corporation (OTC: DBYC), a subsidiary of PTS, Inc. (OTCBB: PTSH), updates shareholders with the following information.

 

Peter Chin, CEO of PTS, Inc. and Disability Access Corporation, has just completed a trip to Asia and reported he received excellent response from certain parties which showed great interest both of the public (Government) and private sectors in China.

 

The parent Company of DAC, PTS, Inc., has elected to continue to grow the business of DAC and continue to reinvest in DAC’s proprietary technology as well as its product development.

 

The New Year is off to a good start at Disability Access Consultants, Inc. and we thought it would be an appropriate time to briefly address some questions we’ve recently received from shareholders.

 

Regarding our growth prospects, the Company has decided to devote resources to developing alternative commercial uses for its proprietary technology and product development software. Towards this end, the Board of Director has elected to expand its software customer market base into Asia where certain parties have shown great interest in the Company’s proprietary technology. The Company’s Board feels this will maximize growth opportunities as well as yielding enhanced shareholder value for the long term.

 

Regarding questions to our financial performance for 2007, the Company is in the midst of its annual audit and, as such, it would be improper to comment on the Company’s specific financial results. However, it would be fair to say that the Company’s financial performance for 2007 will be reported as a significant improvement over 2006. Just as soon as the audit is concluded, the Company will promptly release those results.

 

Regarding the status of new contracts and business development, while the Company continues to enjoy certain long term client contract relations, which provides an excellent baseline of annual revenue, the Company continues to expand its client base among public and private entities. The Company has several contracts in the final stage of negotiations, for the current first quarter, and will inform shareholders as soon as these are finalized.

 

Additionally, pending Federal government funding and allocation, the Company is a candidate for a very significant services contract to the Federal Government. Further, the Company continues to receive solicitations from both private and state government sectors to make its proprietary software available for licensed use. Management feels strongly that it will be the same within Asia. The potential licensing of the software has been a key long-term business goal of the Company and the demand has been deemed to be large enough to warrant continued and further development of that business opportunity.

 

ABOUT DISABILITY ACCESS CONSULTANTS, INC.

 

Disability Access Corporation, Inc. conducts facility inspections, policy reviews and program analyses in addition to a comprehensive continuum of other compliance services. Over 54 million people in the United States have a disability, a number equal to 20% of the population. The Americans with Disabilities Act of 1990 requires all organizational entities, public or private, with more than 15 employees, to provide equal access for individuals with disabilities. It’s estimated that there’s more than seven million sites at risk across the US. For more information about DAC, visit http://www.adaconsultants.com/.

 

EMPIRE RESORTS INCORPORATED (NASD: NYNY)

"Up 58.11% on Monday"

 

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

 

Empire Resorts, Inc., through its subsidiaries, operates in the hospitality and gaming industries in New York. It owns and operates Monticello Raceway, a harness horseracing facility, which conducts pari-mutuel wagering through the running of live harness horse races, the import simulcasting of harness and thoroughbred horse races, and the export simulcasting of its races to offsite pari-mutuel wagering facilities. As of December 31, 2006, the company operated 1,587 video gaming machines at the grandstand of Monticello Raceway. It also has an agreement with the St. Regis Mohawk Tribe to develop and manage a Class III Indian casino adjacent to Monticello Raceway. Empire Resorts, Inc. was founded in 1993 and is based in Henderson, Nevada.

 

NYNY News:

 

February 11 - Empire Resorts and Concord Associates Conclude Agreement to Develop a $700 Million Entertainment and Gaming Complex in the Catskills

 

Federal, State, Local Leaders Praise Project as Timely Stimulus for Upstate Economy

 

Empire Resorts, Inc. (NASD: NYNY) announced an agreement with Concord Associates L. P. to relocate the Monticello Gaming and Raceway to a 160-acre parcel of land at the site of the historic Concord Hotel. Closing under the agreement is subject to various approvals and closing conditions. Construction is expected to commence later this year, with a grand opening in 2010.

 

Under the agreement, a world-class gaming and entertainment facility will be developed at the site. The centerpiece of the project is a $700 million “Entertainment City,” which is expected to include a 100,000 square foot gaming area, convention center, hotel, golf , retail stores, restaurants and various family entertainment activities. The 1.5 million-square foot facility has already received required zoning and final site plan approvals. The gaming floor will be built within the hotel, adjacent to a new 5/8th mile, state-of-the-art harness track. Upon approval and completion of construction, the company expects to more than double Empire’s current contribution to New York State to approximately $70 million per year, which goes to fund education.

 

Federal, state and local community leaders applauded the announcement:

 

U.S. Rep. Maurice Hinchey said: "This is an exciting opportunity for the Catskills and it has the potential to serve as a foundation for economic growth in the region. I look forward to working with the community and developers to realize this exciting potential."

 

Assembly Member Aileen Gunther said: "I think this reconfiguration is an excellent plan for Sullivan County. The jobs and economic stimulus are vital to Sullivan County. Creating a resort destination with convention facilities is what we need to revive the local economy. The racing industry and horsemen will also benefit from a new state of the art racetrack and increased attendance."

 

Senator John Bonacic said: “We have seen various plans for the redevelopment of the Concord over the years. The current plan sounds very positive. We look forward to seeing a shovel in the ground so that both construction and long-term jobs can be created and sustained.”

 

Jonathan Rouis, Chairman of the Sullivan County Legislature, said: "This project as it is currently proposed is a tremendous economic boon for Sullivan County. The "Entertainment City" will bring millions of dollars in revenue into Sullivan County each year and I know the economic stimulus of a project of this scope will be widespread. In light of recent events, I am pleased by the renewed commitment to Sullivan County these corporations have made today through this agreement."

 

Jim Barnicle, Mayor of Monticello, said: “The Village of Monticello stands side by side with Empire Resorts as a partner due to their long history of generosity and continued commitment to the village. We look forward to the future plans of the existing racetrack property and the new endeavors at the Concord.”

 

L. Todd Diorio, President of the Hudson Valley Building and Construction Trades Council, said: “This project will create thousands of construction jobs for the local trades. Empire Resorts and Concord Associates have committed to build this project union, ensuring good wages and benefits. Construction workers from Sullivan County desperately need this project to move forward. This is an opportunity to work in their home county once again. There’s nothing negative about this project.”

 

Peter Ward, President of the New York Hotel and Motel Trades Council, AFL-CIO said: “This is a particularly exciting project that will create good union jobs and provide workers in the area with a living wage, affordable healthcare and a dignified retirement. I commend Empire Resorts and Concord Associates for their commitment to fostering responsible economic growth in the region.”

 

Empire and Concord senior management expressed the desire to work with federal, state, and local officials on a concerted effort to bring this project to fruition as soon as possible.

 

David P. Hanlon, CEO of Empire, said: “This is a win across the board for Empire’s shareholders and Sullivan County’s residents. The local economy will get the boost it needs in terms of jobs and this project is expected to enhance the value of the company for our shareholders, who will finally be rewarded for their patience in waiting for the day when we can build a world-class resort and gaming complex in the Catskills.”

 

Louis R. Cappelli, Managing Member of Concord Associates, said: “This ambitious project will create thousands of union jobs for the region and the Catskills, which will now be able to once again claim the coveted position of being New York’s premier tourist destination. This project is a winner for education and union employment, and will provide additional revenue for local, county and state governments. The creation of thousands of jobs will permeate throughout the entire upstate economy and bring the former Concord Hotel, back to its glory as one of the region’s truly great convention, destination and resort hotels.”

 

SYNDICATION INCORPORATED (OTCBB: SYDI)

"Up 54.55% on Monday"

 

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

 

Syndication, Inc., a development stage company, operates as a consulting company. It acquires controlling interests in or to participate in the creation of, and to provide financial, management, and technical support to development stage businesses, e-commerce businesses, and traditional brick-and-mortar businesses. The company assists target companies in various capacities, including the development and implementation of business models to provide solutions to traditional companies; building corporate infrastructure; managing rapid growth; evaluating and negotiating corporate transactions; and providing advice relating to corporate finance, financial reporting, and accounting operations. Syndication, through its subsidiary, Syndicated Properties, also involves in real estate appraisal, evaluation, and development. The company was formerly known as Syndication Net.com, Inc. and changed its name to Syndication, Inc. in April 2006. Syndication is headquartered in Washington, D.C.

 

SYDI News:

 

February 11 - Syndication Inc. Revenue Production Doubles Projections

 

Syndication Inc. (OTCBB: SYDI) is proud to report that its spinal decompression division shattered its opening week revenue projections at its new Rockville / Gaithersburg Center. In its first week of business the unit billed over $13,000 in treatments, more then doubling the Company's new center projections. "As a result of this performance we have adjusted the unit's first 90 day revenue projections up to $120,000 from $60,000 and feel confident in achieving that goal," said Brian Sorrentino, Syndication Inc. CEO. The significance of this number is overwhelming for a first week. Marketing in this area has just begun and is now gaining strength. Professionals in both the medical and legal arena have begun to inquire as to the availability of treatments for their patients and injury clients. "We are truly proud of this opening week performance and are gaining confidence in our business plan. It truly demonstrates to all our shareholders and future shareholders that our business plan is on a track to success. We have now targeted the location of our next unit and are moving forward aggressively," said Mr. Sorrentino.

 

ABV GOLD INCORPORATED (OTC: ABVG)

"Up 42.86% on Monday"

 

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

 

ABV Gold is a publicly traded, junior mining exploration company headquartered in Montreal, Canada. The company pursues the acquisition and development of mining properties known to contain significant mineral assets, principally uranium and or gold. For additional information, please visit the corporate website at www.abvgoldinc.com.

 

ABVG News:

 

February 11 - ABV Gold Inc. Reports on the Closing of the Purchase of a Mining Interest From Red Tarmac Inc.

 

ABV Gold (OTC: ABVG) (Frankfurt: AB8), a gold and other precious metals mining company, announced that it has scheduled a closing on February 22, 2008, for the acquisition of a mining interest from Red Tarmac Inc. Representatives of ABV Gold Inc. will be in Europe on that date to close with Red Tarmac Inc. This acquisition was announced as an LOI on January 18, 2008.

 

"We are pleased that our deal with Red Tarmac Inc. is scheduled to close on time. The working interest of 12% in this mine represents a value of $396 million for ABV Gold Inc. shareholders. The mine has enormous reserves and should prove to be a great long-term investment. The project is going to be a centerpiece for ABV Gold Inc. Shareholders can expect more updates in a timely manner," said Daniel Ryan, CEO of ABV Gold Inc.

 

CELLCYTE GENETICS (OTCBB: CCYG)

"Up 33.33% on Monday"

 

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

 

Cellcyte Genetics Corporation, a development stage biotechnology company, engages in the discovery and development of stem cell enabling therapeutic products. It is developing clinical-stage therapeutic agents and treatments for oncology, diabetes, heart, liver, lung, and kidney diseases, as well as for stem cell bone marrow and organ transplants. The company's development-stage products include CCG-TL35 compound to deliver stem cells to repair the liver and CCG-TL40 for the delivery of stem cells to repair the lungs. CellCyte Genetics' therapeutic discoveries are combined with a platform of device technologies to enhance stem cell interventions and other cellular therapy approaches. The company was founded in 2005 and is based in Bothell, Washington.

 

CCYG News:

 

February 11 - CellCyte Genetics Corp. Continues to Move Its Technology Forward in Light of Plaintiff Law Firm Press Releases

 

In response to the recent comments by certain plaintiff law firms regarding their filing of class action lawsuits, CellCyte Genetics Corporation (OTCBB: CCYG) (the "Company") asserts that the pending claims are without merit and will be shown to be so in a court of law. To that end, CellCyte has retained the international law firm of Duane Morris LLP as its counsel and will defend itself vigorously in these matters. Concurrently, the Company will continue its commitment to and pursuit of its policy of ensuring that its operations comply with all applicable laws.

 

"CellCyte is founded on patented technology discovered by and licensed from the US Department of Veteran Affairs. We continue a solid and aggressive development plan for this important technology for the delivery of adult stem cells to the human heart," said Gary A. Reys, Chairman and CEO of CellCyte. "Our highly skilled management and scientific team are committed to developing our technologies to their fullest potential and we continue to be actively involved in collaborations with the Cleveland Clinic and other research leaders".

 

"Further," Reys said, "CellCyte is actively moving its intellectual properties through the US patent and Trademark office to insure that our technologies are well protected, which is one of the cornerstones of any biotechnology company which helps insure our shareholders a solid and protected technology base. Our most recent patent was issued in November 2007 that covers CellCyte's lead composition. This most recent patent milestone gives CellCyte three fully issued patents."

 

CellCyte Genetics continues to be actively engaged in carrying out its business plan and corporate objectives as stated in the company's literature and filings. This fact is further evidenced by such major advances as its move to the Company's new 26,000 foot facility and corporate offices in Bothell Washington and its continued business development efforts headed by Tony Colasin, who was previously Senior Director of Business Development at ICOS, which was recently acquired by Lilly.

 

HICKOK INCORPORATED (OTCBB: HICKA)

"Up 62.50% on Friday"

 

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

 

HICKOK INCORPORATED designs and manufactures diagnostic tools for automotive diagnostics and testing in the United States and internationally. The company operates in two segments, Indicators and Gauges, and Automotive Related Diagnostic Tools and Equipment. The Indicators and Gauges segment manufactures and sells aircraft and locomotive cockpit instruments, precision indicating instruments, and the DIGILOG instrument, a customizable indicator to the companies that manufacture or service business and pleasure aircraft; and indicators and gauges to original equipment manufacturers, servicers of locomotives, and operators of railroad equipment in the locomotive industry. The Automotive Related Diagnostic Tools and Equipment segment provides products to support the testing or servicing of automotive systems using electronic means to measure vehicle parameters; vehicle emissions testing equipment; and fastening control products used by manufacturers to monitor and control the nut running process in assembly plants. It sells its products to several automotive OEMs, and to the aftermarket using jobbers, wholesalers, and mobile distributors. HICKOK INCORPORATED was founded in 1915 and is headquartered in Cleveland, Ohio.

 

HICKA News:

 

February 11 - Hickok Incorporated Reports First Quarter Operating Results

 

Hickok Incorporated (OTCBB: HICKA), a Cleveland based supplier of products and services for automotive, emissions testing, locomotive, and aircraft industries, today reported operating results for its fiscal 2008 first quarter ended December 31, 2007.

 

For the quarter ended December 31, 2007, the Company recorded net income of $1,108,889 or 90 cents per share, compared with a net loss of $390,744 or 32 cents per share, in the same period a year ago. Sales in the first quarter were $7,241,412, up 230% from $2,191,630 a year ago.

 

Robert L. Bauman, President and CEO said the first quarter results were unusually strong due to shipments of equipment to customers participating in the California Evaporative Emissions Testing Program that the state implemented December 1, 2007. Although the program is largely behind us we are hopeful that the success of the program will encourage other states to consider such programs, he said. He also said that automotive aftermarket sales were weak in the quarter and that he expects the weakness to continue in the second quarter, however, the Company expects the market to get stronger as the year progresses. He added that a project for testing diesel engine fuel injectors is progressing well and the Company believes it will result in substantial orders later this year.

 

Backlog at December 31, 2007 was $885,000 a slight increase from the backlog of $880,000 a year earlier. The increase was due primarily to increased orders for automotive diagnostic products to automotive OEM's and aftermarket products which include emissions products of $17,000 and $67,000 respectively. These increases were offset in part by a decrease in indicator products of approximately $79,000. These lower levels of backlog are more typical for the Company versus the large backlog level at September 30, 2007 of $5,756,000. The Company anticipates that most of the current backlog will be shipped in fiscal 2008.

 

The Company's financial position remains strong, with current assets of $8,718,219 that are 10.1 times current liabilities, and no long-term debt, and working capital of $7,856,399. At December 31, 2007 shareholder's equity was $9,667,613 or $7.82 per share.

 

Hickok provides products and services primarily for the automotive, emissions testing, locomotive, and aircraft industries. Offerings include the development, manufacture and marketing of electronic and non-electronic automotive diagnostic products used for repair, emission testing, and nut- running electronic controls used in manufacturing processes. The Company also develops and manufactures indicating instruments for aircraft, locomotive and general industrial applications and provides repair training programs.

 

ABOUT OTCPICKS.COM

 

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

 

Disclaimer:

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.

 

Release of Liability:

Through use of this website viewing or using you agree to hold OTCPicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. OTCPicks.com has not been compensated by any of the companies covered in this release. For a complete list of disclosures go to http://www.otcpicks.com/disclosure_details.php. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCPicks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCPicks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. OTCPicks.com and its affiliates are not registered investment advisors or a broker dealers. OTCPicks.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor's sole risk. OTCPicks.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. OTCPicks.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through OTCPicks.com. OTCPicks.com owners may or may not hold positions in the companies that are profiled.

 

The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.

 

Third Party Web Sites and Information:

 

OTCPicks.com and newsletter may provide hyperlinks to third party websites or access to third party content. OTCPicks.com does not control, endorse, or guarantee content found in such sites. You agree that OTCPicks.com is not responsible for any content, associated links, resources, or services associated with a third party site. You further agree that OTCPicks.com shall not be liable for any loss or damage of any sort associated with your use of third party content. Links and access to these sites are provided for your convenience only.