Our Stocks to Watch today include BigString Corporation (OTCBB: BSGC), China America Holdings, Inc. (OTCBB: CAAH), Silverado Financial, Inc. (OTC: SLVO), FTS Group, Inc. (OTCBB: FLIP), Franklin Wireless Corp. (OTCBB: FKWL), First National Entertainment Corp. (OTC: FNAT)
Visit http://www.otcpicks.com/ to register for our Daily Market Mover’s Digest Newsletter, and Email Stock Watch Alerts.
BIGSTRING CORPORATION (OTCBB: BSGC)
Detailed Quote: http://www.otcpicks.com/quotes/BSGC.php
Company Profile: http://www.otcpicks.com/bigstring/bigstring.htm
BigString Corporation, through its subsidiary, BigString Interactive, Inc., provides email services. It offers BigString, which is a Web-based, POP3 server email service solution that allows the user to edit, recall, cancel, and erase the email, as well as insert or delete attachments, even after the email has been sent out and opened. The company also provides BigString Beta 2.0 that offers erasable, recallable, and self destroying applications, non-printable and non-forwardable emails, set time or number of views, and masquerading to protect the sender's privacy and security. BigString Beta 2.0 also provides spam filters, virus protection, and large-storage web-based email accounts. The company's products include BigString Free, which provides the features of BigString Beta 2.0, and includes 1GB of storage and permits the user to send unlimited emails per month; BigString Premium, which offers the features of the BigString Free account, plus vanity domains, POP3 access using any email client, 2GB of storage, and 30 minute video email; and BigString Business that offers the features of the BigString Premium account, plus 10 email accounts, 20GB of storage, global filter notification, and email management. BigString Corporation also offers BigString Marketer Pro, which provides an enterprise marketing software application which allows for the sending of interactive video email commercials that can be programmed to self-destruct at a set time; and BigString Marketer SMB, a hosted video email marketing platform for small and medium size businesses. The company was founded in 2003. It was formerly known as Recall Mail Corporation and changed its name to BigString Corporation in 2005. Bigstring Corporation is based in Red Bank, New Jersey.
BSGC News:
February 11 - BigString Corporation Launches Social BigString TV Which Enables Users To Broadcast Live Video Content on Facebook
A new application that enables Facebook users to broadcast their original live video content has been launched by BigString Interactive Inc., a wholly-owned subsidiary of BigString Corporation (OTCBB: BSGC). This new Facebook application is part of BigString's initiative to develop social network messaging and content applications built around the company's core technology. The company’s beta release will allow anyone with a computer, an Internet connection and a web cam to set up their own channel and broadcast live on BigString TV.
Darin Myman, President and CEO of BigString Corporation, commented, "The reason we are excited about the release of BigString TV is that we believe it will give us a foothold in social network content distribution. The distribution of original content through BigString TV will allow us to continue building market awareness of our core messaging products.”
CHINA AMERICA HOLDINGS INCORPORATED (OTCBB: CAAH)
Detailed Quote: http://www.otcpicks.com/quotes/CAAH.php
Company Profile: http://www.otcpicks.com/china-america/china-america.htm
China America Holdings, Inc.™ (CAAH) is a diversified Global Holdings Company with operations in the U.S. and China. China America Holdings has three operating divisions.
Shanghai Aohong Chemical Co,, based in Shanghai, China, a distributor of assorted liquid coolants which are utilized in a variety of applications, primarily as refrigerants in air conditioning systems for automobiles, residential and commercial air conditioning systems, and a manufacturer of steel non-refillable cylinders. For more information, please visit the Shanghai Aohong website.
Big Tree Toys, Inc, based in Shantou, China, is an authorized agent for thousands of toy manufacturers in China. Big Tree represents over 8,000 toy manufacturers. Our product offerings include in excess of 180,000 varieties of toy products including remote control toys, digital toys, sports toys, play sets, educational toys, dolls, and infant toys. Big Tree Toys simplifies sourcing products from China. For more information, please visit Big Tree Toys USA and Big Tree Toys website.
Sense Technologies, Inc., based in Ft. Lauderdale, FL, is a leading provider of biometric solutions, and micro-sensor identification systems. Sense develops products targeting Homeland Security, and offers solutions that improve and secure many business, military, and personal processes. Sense owns patents and intellectual property for an MEMS based explosives detection technology licensed through a national government laboratory.
CAAH News:
February 11 - China America Holdings Big Tree Toys Subsidiary Receives Additional Orders from International Chain
Company Anticipates $2 Million in Orders from Groupe Casino Ltd in 2008
China America Holdings, Inc. (OTCBB: CAAH), a diversified holding company operating in both the United States and China, announced today that its majority owned subsidiary, Big Tree Toys, Inc., has recently received orders totaling approximately $300,000 from Groupe Casino Ltd, an international buying group with outlets throughout Europe and South America.
Buyers of Groupe Casino Ltd from multiple countries make their selection of toys for potential purchase for the year in January. The orders are placed by batch throughout the year to reflect seasonal demand of the toys market. The combined orders placed in January are the first batch sales with Groupe Casino Ltd in 2008. These first purchase orders in 2008 represent a 35% increase in initial purchases over 2007 and as a result, Big Tree Toys management anticipates that this account will generate sales of approximately $2 million overall for the year.
Groupe Casino Ltd is the global sourcing body of EMC Distribution France which buys food and non-food products for France-based Casino Group. With over 10,000 stores worldwide, Casino Group is one of the leading food retailers in France. The group operates hypermarkets, supermarkets, discount stores, convenience stores, and restaurants in 11 countries including Argentina, Uruguay, Brazil, Colombia, Thailand, the Netherlands, Vietnam, and Venezuela.
The Casino Group website can be found at www.groupe-casino.fr/, and the EMC Distribution France website can be found at www.emc-distribution.com.
Commenting on the initial orders, Dore Perler, CEO of China America Holdings, Inc., stated: “We have been focused on increasing our exposure worldwide and we believe 2008 will be a year of strong growth for Big Tree Toys as those efforts produce results. The size of these initial orders represents a strong increase from a valued international customer and we look forward to continued growth with our current customers as well as the addition of new customers throughout the year for the distribution of our quality toy and entertainment products.”
China America Holdings, Inc. acquired a controlling interest in Big Tree Toys, Inc., a Chinese Toy sourcing and exporting company located in Shantou, China. Big Tree Toys specializes in sourcing and logistics in the toy and entertainment related industry in China. The company represents over 100,000 toys and entertainment related products.
SILVERADO FINANCIAL (OTC: SLVO)
"Up 40.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SLVO.php
Silverado Financial Incorporated (Silverado) is a mortgage banking company focused on providing non-prime borrowers, and individuals who generally do not satisfy the credit, documentation or other underwriting standards set by more traditional sources of mortgage credit, with access to capital for the purchase and refinancing of one- to four-family residential properties. The Company originates mortgage loans through eight retail centers in Pleasanton, Campbell, Walnut Creek and Tustin, California; Phoenix, Arizona; Libertyville, Illinois; Wexford, Pennsylvania, and Forest Hill, Maryland. Silverado originates both fixed and adjustable-rate mortgages for purposes such as debt consolidation, refinancing, education, home improvement and real estate purchase.
SLVO News:
February 12 - Silverado Financial Acquires Water Skeeter Sports Innovations, Inc.
Seeking New Chief Financial Officer
Silverado Financial, Inc. (OTC: SLVO) announced that it has now signed a formal letter of intent to purchase Water Skeeter Sports Innovations, Inc. ("WSSI") of Stockton, California.
WSSI has established itself as an industry leader in personal pontoon craft and float tubes, and plans to expand its current line of products with the introduction of several new leading-edge technologies which have been engineered and retrofitted for synergistic use with its products. More information about WSSI can be found at www.waterskeeter.com.
WSSI had sales exceeding $925,000 during 2007, and now expects to increase that number substantially during 2008.
Finally, Silverado is also currently engaged in negotiations to hire a new Chief Financial Officer. It is Silverado's intention to have our new CFO generate current, accurate financial statements, in full compliance with GAAP and all relevant PCAOB standards, and to publicly release these statements as soon as possible. Subsequently, Silverado plans to have these statements fully audited, and then apply for resumption of reporting status shortly thereafter.
FTS GROUP INCORPORATED (OTCBB: FLIP)
"Up 13.64% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/FLIP.php
FTS Group, Inc., through its subsidiaries, engages in the retail distribution of next generation wireless communications and entertainment products and services for businesses and consumers in the United States. The company operates as a regional service provider and retail distributor of satellite television systems and services for DISH Networks. It installs satellite television systems sold by DISH networks, as well as markets, sells, and installs satellite systems for DISH Networks through its retail location in Indiana, Pennsylvania. The company also distributes wireless communications products, such as cell phones, PDAs, and related communication devices and accessories through a chain of retail locations to customers in the Gulf Coast region of Florida and nationally over the Internet. It also operates an online wireless business at www.CellChannel.com. FTS Group has strategic partnerships with Metro PCS; and DISH Networks. The company was founded in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed its name to FTS Group, Inc. in 2004. FTS Group is based in Tampa, Florida.
FLIP News:
February 12 - Internet Holdings Corp Agrees to Acquire Elysium Internet, Inc. in Stock for Stock Liquidity Event Transaction
US Biodefense, Inc. dba Internet Holdings Corp. (OTCBB: USBF), announced that it has agreed on terms to acquire 100% of the shares of Elysium Internet, Inc. a profitable direct navigation Internet Media Company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP).
Internet Holdings Corp. and FTS Group CEO Scott Gallagher commented, "We have entered into a liquidity event transaction that I firmly believe will benefit the shareholders of both Internet Holdings Corp and FTS Group. The transaction will result in Elysium Internet becoming an independently operated publicly traded direct navigation Internet Media Company, while creating a tremendous growth opportunity for the stockholders of both Companies. We expect the transaction to close in 30 to 45 days pending completion of certain filings and other routine transactional issues."
Below are some of the details of the proposed transaction:
FTS Group will receive shares of a new class of convertible preferred stock that converts into 60% of the outstanding shares of USBF.
FTS Group will issue USBF an interest bearing note of between $1 million and $1.5 million (pending final valuation) in exchange for its domain portfolio.
US Biodefense, Inc. (dba Internet Holdings Corp) will change its name to Elysium Internet, Inc.
Gallagher went on to say, "As the founder of Elysium Internet I'm very excited by the prospect of unlocking the future growth potential of Elysium as a stand alone Company in the very exciting Internet Domain/Media Space. We expect to close several high level domain purchases in the near term as well as begin the roll out of our domain monetization platform developed by our subsidiary Dice Ventures, Inc. Judging from the recent activities of the leading Internet Media players It's going to be an exciting year for our Company and for the industry in general."
ABOUT ELYSIUM INTERNET, INC.
Elysium Internet, Inc. is an emerging direct navigation online media Company. Its domain assets include; TheDirectoy.com, Therapists.net, SecuritiesAttorney.net, NevadaLawyer.com, Passenger.net, eBoxing.com, TheFund.net and many others. The Company is in the process of developing several proprietary direct navigation ad platforms. Elysium is a wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), a publicly traded acquisition and development Company. The holding Company generates revenue through its three wholly owned subsidiaries; See World Satellites, Inc., FTS Wireless, Inc. and Elysium Internet, Inc. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.sec.gov/ or contact the Company at the e-mail or phone number below.
FRANKLIN WIRELESS CORPORATION (OTCBB: FKWL)
"Up 20.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/FKWL.php
Franklin Wireless Corp. designs and sells wireless broadband high speed data communication products. It offers wireless broadband modules and modems. The company's mobile broadband and data products include wireless USB modems, embedded modules, and stand-alone mobile broadband modems. Its products are used, with broadband high speed data service, to access wireless data communications networks using laptops, handheld, and desktop computers. The company's products also enable its customers to send and receive email with large file attachments and play interactive games, as well as receive, send, and download high resolution picture, video, and music contents. Franklin Wireless markets its products through original equipment manufacturers and distributors, as well as directly to operators and end users. The company serves customers located in the United States, Caribbean, South America, and Africa. Franklin Wireless was founded in 2001 and is headquartered in San Diego, California.
FKWL News:
February 12 - Franklin Wireless Announces Sales Growth of More Than 300% in the Second Fiscal Quarter
Franklin Wireless Corp. (OTCBB: FKWL), a developer and marketer of wireless broadband communications devices and applications, announced strong results for the second fiscal quarter of 2008, driven by brisk sales of mobile broadband USB modem products in the U.S., Caribbean and South America.
The company reported sales increased 336.4 percent to $7.8 million for the quarter ended Dec. 31, 2007, compared with $1.8 million in sales during the corresponding period of 2006. Net income also rose in the quarter to $1.07 million from $213,659 in the second fiscal quarter 2006.
Sales during the quarter were driven by strong demand for CDMA USB products — namely the CDU-680, CDU-650 and CDX-650 USB modem products that were introduced during the middle of 2007. The overall sales increase was also due to the surge in sales volume in the United States as well as in the Caribbean and South American countries, in the amount of $1.2 million and $6.7 million respectively, for the three months ended Dec. 31, 2007, compared with $56,798 and $1.7 million for the corresponding period of 2006, an increase of 1,942 percent and 283 percent.
"Our strong position in the CDMA market fueled our tremendous growth in the second quarter," said Franklin Wireless President O.C. Kim. "Going forward, look for the company to make significant inroads into the WCDMA market with high-end solutions that include HSDPA/HSUPA technology targeted at broadband carriers."
Franklin Wireless products are marketed through distributors, as well as directly to operators and end users. The company offers a full range of mobile broadband solutions for CDMA 1xEV-DO Rev.0 and Rev. A operators as well as WCDMA solutions that include HSDPA/HSUPA for worldwide broadband carriers.
FIRST NATIONALL ENTERTAINMENT CORPORATION (OTC: FNAT)
"Up 47.37% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/FNAT.php
First National Entertainment Corp. is a publicly traded independent oil and gas company. The company is now under new management and is focused on maximizing shareholder value by building a diversified portfolio of oil and gas assets in the Appalachian Basin, Texas, and Oklahoma.
FNAT News:
February 12 - First National Entertainment Corp. Focus on the Appalachian Basin
First National Entertainment Corp. (OTC: FNAT) announced that it is focusing its initial efforts in oil and gas in the Appalachian Basin, concentrating in Tennessee.
The Scott, Morgan, and Fentress Counties of upper east Tennessee are well known for shallow oil and gas production, some with high rates of flow. The area is known for multiple pay zones, including the Monteagle Limestone, the Ft. Payne Limestone, the Chattanooga Shale as well as the deeper Trenton-Black River and Knox groups.
Our initial plan is to build a lease position in Morgan, Scott and Fentress counties for future drilling as well as acquiring well bores in which the Chattanooga Shale is exposed. We believe the Chattanooga Shale is destined to become a major source of natural gas for the eastern seaboard. One recently drilled horizontal well in Morgan County had an open flow of 3.9 MMCF per day.
First National Entertainment Corp. is a publicly traded independent oil and gas company. The company is now under new management and is focused on maximizing shareholder value by building a diversified portfolio of oil and gas assets in the Appalachian Basin, Texas, and Oklahoma.
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 been compensated ten thousand dollars by a third Party (StockPromoters.com) for CAAH advertising and promotional services. 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:
