Dallas, TX 2/13/2008 1:33:07 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, February 12th UOMO, CPRK, CJGH, SGCP, WTRO, ALAN

Our Stocks to Watch today include UOMO Media Inc. (OTCBB: UOMO), Copper King Mining Corporation (OTC: CPRK), China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH), Sierra Gold Corporation, (OTC: SGCP), Wi-Tron, Inc. (OTCBB: WTRO), Alanco Technologies, Inc. (NASD: ALAN)

 

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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 11 - UOMO Media Producer Tricky Stewart Wins Grammy

 

UOMO Media Inc. (OTCBB: UOMO), a multi-channel entertainment and media company, congratulates Tricky Stewart and Redzone Entertainment on winning Best Rap/Sung Collaboration at the 50th Annual Grammy Awards Ceremony in Los Angeles yesterday.

 

Nominated for 4 Grammys, Tricky Stewart and Redzone Entertainment, who have an exclusive international management agreement with UOMO Media, received a Grammy for writing and producing the internationally acclaimed single “Umbrella” for Rihanna featuring Jay-Z.

 

“This is an outstanding achievement for Redzone,” commented Mr. Camara Alford, CEO and Chairman of UOMO Media. “Not only have they had massive success amongst fans, they have again been recognized by their peers in the entertainment industry for their exceptional talent. This award reconfirms they are top creators of successful media content.”

 

ABOUT REDZONE ENTERTAINMENT INC.

 

Redzone Entertainment was founded by brothers Tricky Stewart, Mark E. Stewart, and Laney Stewart in 1995. Since then Redzone’s discography has grown exponentially with collaborations with some of most talented artists in the world, responsible for over 25 million records sold, producing acts such as Pink, Britney Spears, Celine Dion, Mary J. Blige, and Rihanna.

 

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 11 - Copper King Mining Announces John O'Hurley as Corporate VNR Host

 

Copper King Mining Corporation (OTC: CPRK) and its subsidiary Western Utah Copper Corporation announced that they have completed negotiations with actor John O’Hurley (“Seinfeld,” “Dancing with the Stars,” “Family Feud”) to host their new VNR.

 

One of People magazine’s “Sexiest Men Alive,” John O'Hurley has catapulted into television’s busiest and most versatile actor, show host, advertising hero, and feature film star. The award-winning actor is best known as "J. Peterman" on "Seinfeld," which is now the #1 syndicated series in the world in 85 countries.

 

He danced his way into the hearts of America as the ultimate champion of the highly rated ABC show “Dancing with the Stars,” and then starred on Broadway in Chicago, as the male lead “Billy Flynn.” O’Hurley can now be seen as the head of the Round Table, King Author, in Eric Idle’s hilarious musical comedy “Monty Python’s Spamalot” in Las Vegas at the Grail Theater at the Wynn Las Vegas Hotel. He is the face of the popular syndicated show “Family Feud.”

 

As the follow up his New York Times Bestseller called It’s OK to Miss the Bed on the First Jump: And Other Life Lessons Learned from Dogs, O’Hurley released his second book, Before Your Dog Can Eat Your Homework, First You Have To Do It in October 2007.

 

O’Hurley has a CD called “Peace of Our Minds,” a collaboration of piano and cello compositions by O’Hurley and world renowned cellist Marston which sold out in 8 MINUTES on QVC and is a nationwide bestseller. “Peace of Our Minds” is also the first completely independently produced CD to ever reach #13 on the Billboard Music charts.

 

Mr. O’Hurley said he is excited about the opportunity to work with a mining company that truly cares about the environment and recognizes the need for responsibly mined copper as a contributing component to environmental improvement.

 

For additional information, visit http://www.westernutahcopper.com/, http://www.thecopperkings.com/ or http://www.johnohurley.com/.

 

CHINA JIANGSU GOLDEN (OTC: CJGH)

"Up 42.86% in morning trading"

 

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

 

China Jiangsu Golden Horse Steel Ball, Inc., is one of the leading corporations manufacturing steel balls bearings in China, and it is also an enterprise producing stainless steel balls appointed by the coal industry department. The major products include steel balls bearings classified as G5,G10,G16 with the specifications of Φ1.0mm Φ31.75mm and stainless and carbon steel balls with various specifications. These products are registered as "XI Ball" brand. Golden Horse Steel Ball manufactures various kinds of non-standardized steel balls and a highly effective vibration isolating lubricant. Our company currently employs 350 employees, of which 50 employees are engineers. The company's headquarters resides on a 20,000 square meter area of land. The steel balls manufactured by our company corporation have been awarded products of quality certificate and clinched the title of famous products produced by township enterprises of Jiangsu province. In recent years, through the cooperation with THT professional steel balls manufacture enterprise (Japan), the level of management, manufacturing processes and techniques has been increased continuously. The quality of steel balls is up to the top world-class and earns very good reputation among the steel balls manufacturing companies. In 1997 the corporation had obtained the Certificate ISO9002 Quality System issued by the China Quality Recognition Center, and we had got the certification to self export and import freely from abroad in 2001. Now the corporation has been awarded the Certificate of Recognition by the American QS9000 Quality System as well as TS16949 from UK IRQA in Jan. 2006. After being assessed by the Jiangsu Far Eastern International Certified Valuators Corporation Ltd., we have been ranked as AAA Enterprise of the year 2003. The manufacturing scale of the corporation is on the list of the ten biggest steel ball bearings manufacturing factories and our quality is one of the top five in China. The corporation positively introduces new technique and material to develop new products and has developed 15 new products, such as stainless steel balls, aluminum and ceramics balls. In addition, the corporation is expanding foreign trade business and its products have been exported to over twenties countries and areas, including America, Japan, Spain, Italy and India, Brazil Australia, Germany, Taiwan, Hongkong, Vietnam and others.

 

CJGH News:

 

February 12 - China Jiangsu Golden Horse Steel Announces Common Share Reduction

 

China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH) (Frankfurt: 4J3) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, announced today a capital restructure of its common stock. As of 11 February 2008, twenty (20) million common shares have been retired to treasury, leaving the total shares outstanding at 27,510,217.

 

SIERRA GOLD CORPORATION (OTC: SGCP)

"Up 52.38% in morning trading"

 

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

 

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest growing gold producing areas worldwide. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa.

 

SGCP News:

 

February 12 - Sierra Gold Announces Initial Extraction and Sale of Gold From Sierra Leone Property

 

Sierra Gold Corporation, (OTC: SGCP) announced that after four and a half years of research and exploration, the Company has extracted and sold the first-ever kilogram of alluvial gold from its holdings in the West African nation of Sierra Leone. Proceeds from the sale of the initial gold production are being used for continuing operations and will facilitate the purchase of customized equipment that will allow SGCP to advance its alluvial operation and commence the 'hard rock' phase of gold production.

 

Sierra Gold CEO Doug Evans commented on the progress of the company: "The extraction and sale of our first gold production validate our years of research and exploration. Needless to say, we are extremely excited that the company has entered the production phase." Mr. Evans added, "Our alluvial production, coupled with our soon-to-be initiated hard rock production, should provide significant returns on invested capital throughout the second half of 2008 and beyond. We look forward to sharing our successes with shareholders along the way."

 

WI-TRON INCORPORATED (OTCBB: WTRO)

"Up 45.45% in morning trading"

 

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

 

Wi-Tron, Inc. engages in the design, manufacture, and sale of ultra linear single and multi channel power amplifiers, cellular base station components, and broadband wireless products to the wireless telecommunications market worldwide. Its products include multicarrier linear power amplifiers, high power linear amplifiers, W-CDMA amplifier, local loop and Wi-Max amplifiers, low noise amplifiers; cellular, PCS, GSM, W-CDMA, and WI-MAX amplifiers; and communication amplifiers. The company markets its products to wireless communications manufacturers and communications system operators. Wi-Tron, formerly known as Amplidyne, Inc., was founded in 1988 and changed its name to Wi-Tron, Inc. in 2005. The company is based in Raritan, New Jersey.

 

WTRO News:

 

February 12 - Wi-Tron, Inc. Enters Into a Non-Binding Letter of Intent With Cellvine Ltd. With Respect to a Potential Merger

 

Wi-Tron, Inc. (OTCBB: WTRO), a manufacturer of power amplifiers, announced that it has signed a non-binding Letter of Intent with Cellvine Ltd., a private Israeli corporation that develops and markets coverage and capacity solutions for the wireless telecommunications industry. The Letter of Intent reflects the intentions of both parties to effect a merger whereby Cellvine will merge with a wholly owned subsidiary of Wi-Tron. Pursuant to the merger, Wi-Tron will exchange its common stock for all of the outstanding securities of Cellvine, such that Cellvine security holders will own 85% of the total shares of Wi-Tron common stock, on a fully diluted basis. The merger will be subject to negotiating a definitive binding agreement, and obtaining all necessary corporate approvals.

 

ABOUT CELLVINE

 

Cellvine Ltd. is a vendor of wireless coverage solutions for the cellular industry. The Company provides a comprehensive set of products for advanced outdoor and in-building cellular coverage with industry leading remote management capabilities, eliminating the need for costly infrastructure replacement. Cellvine supports all the cellular technologies and has a full suite of both standard devices as well as leading edge technology solutions.

 

ALANCO TECHNOLOGIES INCORPORATED (NASD: ALAN)

"Up 22.22% in morning trading"

 

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

 

Alanco Technologies, Inc. provides wireless tracking and asset management solutions in the United States. It operates in three segments: RFID Technology, Wireless Asset Management, and Computer Data Storage. The RFID Technology segment engages in the design, production, marketing, and distribution of radio frequency identification (RFID) tracking technology. Its technology consists of the proprietary TSI PRISM wireless 915 MHz RFID tracking capabilities, which are utilized primarily in correctional facilities, security management, and personnel monitoring. TSI PRISM provides real-time inmate and officer identification, location, and tracking both indoors and out. This technology is primarily utilized in prisons management. The Wireless Asset Management segment involves in the design, production, marketing, distribution, and monitoring of wireless asset management products, primarily for the transportation industry. It offers GPS wireless tracking, monitoring, and controlling services to refrigerated trailers, trucks, railcars, and containers. The Computer Data Storage segment engages in the manufacture, marketing, and distribution of data storage products. It offers data storage networking products, and provides optical storage devices, such as CD/DVD-ROM servers. This segment also markets a network attached storage product line and other storage products. Alanco was incorporated in 1969 and is based in Scottsdale, Arizona.

 

ALAN News:

 

February 12 - Alanco's StarTrak Accelerates Penetration of Refrigerated Truck/Trailer Market, Adding 16 New Fleet Accounts in December/January

 

Alanco Technologies, Inc. (NASD: ALAN) announced that its StarTrak Systems subsidiary, the leading provider of wireless GPS tracking, monitoring, and two-way control systems for the refrigerated transport industry, has added sixteen new refrigerated trailer fleet customers in December/January, collectively operating approximately 1,500 refrigerated trailers. Including immediate order releases, new equipment purchases by these new accounts are scheduled to total about $1,000,000 over the next several months, and will generate additional subscription data services revenue of approximately $300,000 annually.

 

Tim Slifkin, StarTrak President, commented, “This recent new account activity marks the successful launch of StarTrak’s Sentry truck/trailer product line that has been under development for 18 months. Full commercial acceptance and deployment of the new Sentry is a critical step towards resumption of StarTrak’s rapid historical growth in the refrigerated transport industry, as the truck/trailer segment of the total market comprises over 250,000 units.”

 

“Based upon current sales backlog and major new account activity, we expect StarTrak equipment sales and service revenues to rebound to over $3,000,000 in the fiscal third quarter period, ending March 31, 2008, increasing to over $4,500,000 in the final quarter and resulting in a complete StarTrak operating profit turnaround.”

 

Tom Robinson, Executive Vice President of StarTrak Systems, stated, “For refrigerated truck and trailer fleets, ReeferTrak™ Sentry provides meaningful operational and economic results for customers, leading to significant returns on investment. The Sentry service allows freight operators to observe, systematically organize and improve important aspects of their refrigerated operations. Sentry has become particularly useful for monitoring operations that have been historically cumbersome to measure, such as the significant queue times experienced by trailers not attached to tractor power units, individual customer delivery operations and the basic operational cycles within distribution facilities. StarTrak is delivering the leading wireless solution in the industry because it integrates GPS logistics of truck/trailer movements with meaningful refrigerated events allowing customers to continuously improve inventory, refrigerated trailer fuel usage, trailer utilization, delivery speed and quality for years to come.”

 

StarTrak’s new trailer fleet customer additions include the following companies:

 

Roehl Transport, Inc. - Marshfield, Wisconsin

Florida Beauty Flora, Inc. – Miami, Florida

Purdy Brothers Trucking Company - Loudon, Tennessee

M C Van Kampen Trucking, Inc. - Wyoming, Michigan

Paul L. Floody, Inc. - Homestead, Florida

Heartland Transport, Inc. - Esterville, Iowa

International Transportation Services, Inc. – Miami, Florida

Kamble Companies Transportation Services, Inc. – Phoenix, Arizona

Lara’s Trucking - Modesto, California

Meddler Trucking - Hudsonville, Michigan

Pegasus Transportation - Louisville, Kentucky

Boaty’s Produce Inc. - Jackson, Georgia

Dee King - Amarillo, Texas

Solutions 1 Transport, Inc. - Orlando, Florida

 

StarTrak Systems is a leading provider of GPS tracking and wireless asset management services to the transportation industry and the dominant provider of tracking, monitoring and two-way control services to the refrigerated or “Reefer” segment of the transportation marketplace. StarTrak products increase efficiency and reduce costs of the refrigerated supply chain through the wireless monitoring and control of critical Reefer data, including GPS location, cargo temperatures and Reefer fuel levels. StarTrak offers complete integrated solutions for refrigerated trailers, trucks, railcars, and containers. Additional information is available at www.StarTrak.com.

 

Alanco/TSI PRISM is the leading provider of RFID real-time tracking technologies for the corrections industry. TSI PRISM systems track and record the location and movement of inmates and officers, resulting in enhanced facility safety and security and significant staff productivity improvements. Utilizing proprietary RFID (Radio Frequency Identification) tracking technology, TSI PRISM provides real-time inmate and officer identification, location and tracking both indoors and out, and is currently utilized in prisons in Michigan, California, Illinois, Ohio, Missouri, Virginia, and Indiana. Additional information is available at http://www.tsiprism.com/.

 

The Company also participates in the data storage industry through its wholly owned subsidiary, Excel Meridian Data, Inc. (EMD), which specializes in providing unique data storage, backup and disaster recovery solutions. EMD Storage product lines include: direct attached storage (DAS), network attached storage (NAS) and storage area network (SAN) solutions for any size business. In addition, EMD features partnerships with: EqualLogic, VMware, Microsoft, DoubleTake and other industry leading hardware and software solution providers. For more information, visit http://www.emdstorage.com/.

 

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