Fiscal Cliff, Italian Political Turmoil & China’s Manufacturing Data All In The News

Recommended Stock Newsletters
#1. PennyStockWarfare
#2. Nova Stocks
#3. Penny Stock Finder

allpennystocks Newsletter

You can read the original version online: ——————————————————————————– December 16, 2012 Week In Review…

Week In Review For December 10 to December 14, 2012 Canadian Technical Penny Stocks To Watch This Week:

* Nevada Copper Corp. (TSX:NCU) * Petroamerica Oil Corp. (TSX-Venture:PTA) U.S. Technical Penny Stocks To Watch This Week:

* Silicon Image Inc. (NASDAQ:SIMG) * Radio Shack Corp. (NYSE:RSH) * Exeter Resources Corp. (AMEX:XRA) Spotlight Companies Mentioned This Week:

* Sierra Iron Ore Corp. (TSX-Venture:NAA) This week on

* Article Published, December 11, 2012: Profitability Dividends and More Contracts Sail Sylogist to Record Highs ( (CDN Company) * Article Published, December 13, 2012: Competitive Companies Breaks the Speed Barrier in 4G Technology ( (U.S. Company) * Article Published, December 14, 2012: American Creek Initiates 150 Million Dollar Lawsuit as Anonymous Posting on Internet Runs Rampant ( (CDN Company) Video charts for the week:

* December 12th Technical Video Chart For RSH. The Radio Shack chart has made a quick double bottom and looks to be ready to make a stronger move. The bottom support must hold at $1.90 with resistance ahead at $2.40. view: ( ).

* December 13th Technical Video Chart For XRC:CA. The Exeter chart is holding a solid support at $1.20 with some upward pressure coming-in on Wednesday. A rise to challenge resistance near $1.40 could be signaling an overall trend shift by breaking a key downtrend line.

view: ( ).

Featured Link: ( – Offering Free U.S. and Canadian technical analysis charts, buy/sell ratings and stock screening tools for over 15,000 stocks utilizing technical analysis techniques such as candlestick charting, technical analysis indicators as well as volume and trend analysis.

WEEKLY UPDATE -TSX GAINS, US STOCKS FIZZLE INTO WEEKEND Stocks in North America started the week with the bulls in charge, but by the time Friday`s closing bell rang, only the Toronto Stock Exchange had managed to post gains. Toronto`s main index reached one-month highs with its latest climb defying the path of the rest of the other main exchanges last week. Once again, the markets picked and chose which information was going to be in focus and largely cast the rest aside as fodder for the opposing side. Optimism about leaders in Washington working together to resolve the fiscal cliff, a $600-billion-series of tax hikes and spending cuts set to happen on January 1, surfaced early in the week after President Obama and House Speaker John Boehner held discussions on Sunday. No real news came about (as is the developing theme), but rank-and-file Democrats and Republicans chiming-in with the rhetoric about the two sides working together was enough for the bulls to retain control in a five-day run and dismiss the turmoil in Italy. Unfortunately for Wall Street bulls, that sentiment lost momentum mid-week as the U.S. Federal Reserve announced its newest initiatives to keep the U.S. economy afloat.

Italy`s Prime Minister Mario Monti, whom many credit for rebuilding confidence in the debt-riddled country, surprised the world when he announced that he was retiring from his position after the 2013 Italian budget gets approved because ex-Prime Minister Silvio Berlusconi no longer gives his support to Monti`s policies. The price for Italian bonds jumped with the news, inciting concerns once again about the euro zone.

China may have posted 7.4 percent growth in the third quarter, its slowest pace in more than three years, but data is steadily showing that the world`s second biggest economy is rebounding. Reports from British banking giant HSBC showed that manufacturing activity in China expanded again in December with HSBC`s preliminary purchasing managers index registering a 50.9, up from 50.5 in November. It`s the highest level for the so-called “flash” index in 14 months. Readings above 50 indicated growth in manufacturing. Leading into November, the PMI had contracted for 12 straight months. Moderating optimism to a certain extent, reports from China also showed that both imports and exports during November were lower than expected.

Elsewhere overseas, investors cheered for Germany, the largest economy in the European Union, as an index of German investor optimism rose more than expected in December. The ZEW indicator of economic sentiment rose to plus 6.9 points, from minus 15.7 in November, ahead of forecasts of a rise to negative 11.5. From the report, traders gleaned that Germany will be able to avoid a recession after three straight quarters of slowing growth, including only 0.2 percent expansion in GDP during the third quarter.

As investors digested a full plate of economic data, perhaps the strongest impact from Washington was the conference after the Federal Reserve concluded its final policy-setting meeting of this year. Fed Chairman Ben Bernanke advised that the Federal Reserve is entering 2013 with a new, open-ended $45 billion per month bond-buying plan to continue to combat slowing economic growth and high unemployment. The Fed has been buying $40 billion in mortgage-backed securities each month as well as running “Operation Twist,” a debt-swap program that converts short-term debt into long-term, but the new plans are a bit different. Operation Twist, which was already supposed to have ended, but got an extension in September, involves the Fed selling $45 billion per month in short-term treasuries to fund long-term purchases. This will come to an end as the stockpile of short-term treasuries is dwindling. Instead, the Fed will fund the purchases of long-term purchases by adding reserves to its own banking system.

Effectively, what the central bank is doing is printing more money so it can buy more bonds.

The Fed also, for the first time ever, tied its interest rates directly to a target for the unemployment rate. Bernanke said that the Fed will keep its interest rates extremely low until the unemployment rate, which stood at 7.7 percent in November, drops to at least 6.5 percent, something that the bank doesn`t believe will happen until into 2015. “Clearly the fiscal cliff is having an impact on the economy,” said Bernanke as he explained the Fed is doing all it can to meet its time primary tasks of controlling inflation and employing the entire population.

The fiscal cliff story was the same, except for the changing of the days. Although, for anyone looking at the lighter side of the situation, there is almost a comical component as partisanship will not give way to unity to avert the cliff. Republican Speaker Boehner took his fair share of shots at the Democrats and President Obama saying they simply are not serious about spending cuts and content with slowly walking the US off the fiscal cliff. Boehner even responded to speculation from a reporter with the old adage, “If ifs and buts were candies and nuts, then every day would be Christmas.” Apparently Boehner is getting a little tired of hearing about what could or should be done to engineer a modified budget. Boehner also said that Congress will NEVER give up their ability “to control the purse,” in reference to the President trying to get the unilateral power to raise the debt ceiling.

It wasn`t just Boehner taking shots, though. Democrat House Minority Leader Nancy Pelosi said that the White House has submitted clear plans to cut spending, but its the GOP`s proposals that are vague and without details which is stymieing progress. The Republicans counteroffer to the White House`s budget proposals contained “more signatures than it had ideas,” said Pelosi.

With all that it mind, one fact stands clear. The year is coming to an end and brings with it the fiscal cliff. Some experts argue that the fiscal cliff really doesn`t even pose much of a threat and if the nation goes over that it will quickly recover. Others contest that it is a major ordeal that could throw the US into a recession. Whatever the case, expect Wall Street to react sharply with news of a new budget or not as they are clearly tethered to the fiscal cliff more than anything else at this time. This coming week will bring a large amount of potentially market moving economic data, including the latest gross domestic product figures from both the States and Canada.

The cliff will remain in focus, of course, but the economic data could serve as ammunition for both parties to launch additional shots at each other, giving analysts and economists something else to toy with this week on Wall Street.

The Canadian dollar widened the gap between parity with the US dollar again last week. The loonie draws strength on positive manufacturing data from China and the US, which helped offset its own manufacturing sales that came in worse than expected. Canada`s currency held at two-month highs against the greenback not only because of the economic data, but because of the USD broadly weakening against global counterparts last week. The ICE dollar index, which measures the greenback against a basket of major world currencies, fell by 1.04 percent this past week to touch its lowest level in seven weeks as investors fret over the fiscal cliff. Head-to-head, Canada`s dollar advanced another 0.30%, or $0.00305, against the USD, meaning next week will begin with one Canadian dollar buying US$1.0144.

Speaking of the US dollar, the Federal Reserve, along with four other central banks, extended an existing policy that makes it cheaper for banks around the world to borrow U.S. dollars through February 2014.

Previously, the policy, which has long-been utilized in global financial transactions, was set to expire in February 2013.

Commodity Snapshot:

* Gold futures continued to hold a support level just under $1,700 per ounce to begin the week and even rose above $1,725 per ounce on Wednesday before crumbling 4 percent back down to support on Thursday in the wake of the Fed`s expanded monetary easing policies and traders docking gains from the previous three days. Precious metals have developed a pattern of volatility marked by a climb before commentary from the Federal Reserve on quantitative easing measures and then a sell-off promptly after. The Fed`s latest pledge to keep interest rates historically low for probably three more years sapped some interest out of bullion as it is often bought as a hedge against rising inflation. February contracts were the most actively traded last week, falling by $8.50 per ounce, or 0.50%, to $1,697.0.

* Silver futures, which are generally more volatile than gold prices, took a pounding on Thursday as well by falling $1.43 per ounce to hit their lowest level in more than one month. Even optimistic manufacturing data from China, a major importer of silver for its many industrial uses, could not break the tie between gold and silver`s trading pattern as investors are playing a trading – rather than investing – game with the white metal ahead of the fiscal cliff in the States. Silver for March delivery was the most actively traded; declining 2.51%, or $0.832, to $32.299 per ounce.

* Copper prices have been getting a lift from manufacturing statistics showing elevated activity in China, the world`s largest consumer of the red metal. While not removed from the general metal sell-off on Thursday, copper held gains from the past month that have taken cues from activity in China. Copper futures rose as high as $3.721 on Wednesday, a new two-month high ahead of Thursday`s selling.

March contracts were the most actively traded on New York`s COMEX exchange during the week; advancing 2 cents, or 0.55%, to $3.683 per pound; its fourth consecutive weekly advance.

* Oil prices trended sideways and posted a modest advance on the week as factory output in China helped increase the potential for future demand while the ongoing fighting in the Middle East had investors speculating about supply concerns. While not exactly a rally this past week, the macroeconomic conditions pushing and pulling on crude prices are keeping oil from wanting to fall below a support level just above $84 per barrel. January 2013 contracts for West Texas Intermediate crude were the most actively traded; rising by $0.80, or 0.93%, to $86.73 per barrel.

Equity Market Snapshot:

(All percentages on a weekly basis unless otherwise noted) * Major gold miners were mixed with gold prices rangebound. Giants Kinross Gold (TSX:K, +0.42%) and Barrick Gold (TSX:ABX, +1.95) advanced, but Yamana Gold (TSX:YRI, -2.49%), Agnico-Eagle Mines (TSX:AEM, -0.34%), Goldcorp (TSX:G, -1.14%) and Newmont Mining (TSX:NMC, -1.25) shaved-off points.

* Energy plays treaded water with only small moves. Talisman Energy (NYSE:TLM, +0.18%) and Canadian Natural Resources (NYSE:CNQ, +0.22%) squeaked upward as Exxon Mobil (NYSE:XOM, -0.59%), Imperial Oil Ltd.

(NYSE:IMO, -0.35%), Cenovus Energy (NYSE:CVE, -2.61%) and Suncor Energy (NYSE:SU, -0.28%) faded back.

* U.S.-listed shares of Canada`s Nexen Inc. (NYSE:NXY, -13.86%) climbed following the Canadian government`s approval the prior Friday of the acquisition of the company by China`s Cnooc (NYSE:CEO, even).

* Spartan Oil Corp. (TSX:STO, +12.05%) had shares pop as it announced it has received an unsolicited takeover offer. No other details were provided.

* The biggest of banks in the US held firm last week. UBS AG (NYSE:UBS, +0.99%), Goldman Sachs Group (NYSE:GS, +2.39%) and JPMorgan Chase (NYSE:JPM, +0.59%) continued upward while Bank of America (NYSE:BAC, -0.52%), Citigroup (NYSE:C, -0.11%) and Wells Fargo & Co.

(NYSE:WFC, -0.24%) took a pause. XLF (NYSE:XLF, -0.16%), the financials select sector SPDR that tracks the financial stocks in the S&P 500, had a flat week.

* HSBC Holdings PLC (NYSE:HBC, +0.68%) said that it reached a $1.9 billion settlement with U.S. state and federal authorities related to a money laundering investigation of the British bank. The U.S.

penalties are broken down into approximately $1.25 billion in forfeiture of ill-gotten gains and about $655 million in civil penalties. The surrendering of the $1.25 billion is the largest penalty in history in a bank case.

* By large, Canadian banks regained some strength last week despite a warning from Standard and Poor`s. Canadian Imperial Bank of Commerce (TSX:CM, +1.80%), Toronto-Dominion Bank (TSX:TD, +0.91%), The Bank of Nova Scotia (TSX:BNS, +2.36%), Royal Bank of Canada (TSX:RY, +1.20%) and Bank of Montreal (TSX:BMO, +0.97%) all trekked higher with the National Bank of Canada (TSX:NA, -0.41%) nudging lower.

* S&P said that the risk for the Canadian banking sector is increasing and that it expects intensifying competition for loans and deposits will pressure profit growth. The firm lowered its ratings for six banks by one notch to “stable,” including Scotiabank and National Bank.

* Research in Motion (TSX:RIM, +16.84%) kept its frantic upward pace intact despite litigation being initiated against them by patent-licensing firm Wi-LAN Inc. (TSX:WIN, -4.47%) crying patent infringement related to Bluetooth technologies. Meanwhile, RIM got good news that the U.S. Immigration and Customs Enforcement will participate in a pilot program for the new BlackBerry 10, easing concerns that institutional clients are abandoning BlackBerry devices.

Shares of RIM has surged from around $6 late in September to almost $14 each currently.

* McDonald`s (NYSE:MCD, +0.45%) helped the Dow climb early in the week as the fast-food company`s November same-store sales, a key metric in growth, rose 2.4% during the month, more than analysts expected after a decline in October.

* Shares of (NASDAQ:PCLN, -6.91%) stumbled after analysts at Deutsche Bank (NYSE:DB, -4.42%) reversed their longtime bullish forecast for the stock, cutting shares to “hold” from “buy” on the view that competition is becoming more fierce.

* Also from analysts` desks, Apple, Inc. (NASDAQ:AAPL, -4.40%) fell further after analysts at Jefferies (NYSE:JEF, +1.12%) shaved their price view from $900 to $800 for the tech giant, citing concerns about profit-margin pressure. UBS also cut its target price on Apple to $700 from $780, seeing signs that the iPhone`s production rate is declining and adding that iPhone 5 sales in China (where it debuted on Friday) may not do as well as the previous model.

* Shares of Delta Air Lines (NYSE:DAL, +10.98) leapt to four-month highs as the airline company and Virgin Atlantic announced a new joint venture. As part of the deal, Delta is buying the 49% stake in the British airline that is currently owned by Singapore Airlines. Virgin Group and Sir Richard Branson will retain the majority 51% stake and Virgin Atlantic will maintain its brand.

* Much like RIM, Netflix (NASDAQ:NFLX, +8.51%) has been staging a big recovery since the end of September. This past week, analysts at Morgan Stanley increased their price target to $105 with an “overweight” rating on the video rental company. Looking to tap into the market capture of Netflix, rival Coinstar, Inc. (NASDAQ:CSTR, +2.45%), the owner of Red Box video rental kiosks, inked a deal to partner with Verizon (NYSE:VZ, -0.45%) to launch a product to compete with Netflix.

* Sprint Nextel Corp. (NYSE:S, -2.46%) said, through SEC filings, that it has offered to buy the 49 percent of wireless broadband provider Clearwire it doesn`t already own for $2.1 billion. All told, the new offer puts a value of Clearwire around $4 billion.

* American International Group (NYSE:AIG, -0.56%) plunged $2 lower than its highs of the week after the insurer said losses related to Hurricane Sandy will total about $1.3 billion. Fellow insurer Ace Ltd. (NYSE:ACE, -2.44%) fell as well when it said the superstorm would cost it about $300 million in the fourth quarter.

* On a different front, AIG`s bailout by the government is over. The U.S. Treasury Department will sell the last of its shares of the insurer for $32.50 apiece, raising about $7.6 billion. Combined, the capital injection loans of $182 billion by the US Federal Reserve and the Treasury to AIG ended up returning a profit of $22.7 billion to the government.

* Best Buy Co. (NYSE:BBY, +0.50%) shares were up and down based solely on word that former founder Richard Shulze was going to finally make a bid for the big box retailer. By the week`s end, the deadline for an offer from Shulze – which was slated to end on December 16 – was extended until February.

* Exchange operator Nasdaq OMX Group (NASDAQ:NDAQ, +2.63%) said that it will pay $390 million to buy Thomson Reuter`s (NYSE:TRI, +2.39%) investor relations, public relations and multimedia operations as it looks to expand its revenue streams further aside from trade-related income.

* Shares of Hewlett-Packard Co. (NYSE:HP, +6.82%) rose for the third straight week upon unconfirmed reports that activist investor Carl Icahn could take a stake in the computer maker. HP had no comment on the reports.

* In its first earnings report since re-joining the Toronto Stock Exchange, retailer Hudson`s Bay Co. (TSX:HBC, +0.18%) said its loss from continuing operations was $8.5 million, 8 cents per share, in the third quarter, compared with a loss from continuing operations of $7.5 million, or 7 cents per share, the year earlier quarter Revenues in Q3 were $930.4 million, up from $896.7 million in the 2011 period. The company said that it will initiate a quarterly dividend of just over 9 cents per share.

Weekly Indices Results:

The S&P TSX Composite Index returned to its winning ways after slipping the week prior; advancing 136.95 points, or 1.13%, to 12,296.72. The TSX Venture Exchange pulled-up from lows, but narrowly ended in the red; dropping 2.44 points, or 0.21%, to 1,183.62 on the week.

In the States, the Dow Jones Industrial Average fell about 200 points from highs to wrap the week down after three straight weeks of climbing; sliding by 20.12 points, or 0.15%, to 13,135.01. The much-broader S&P 500 tracked the Dow; fading 4.49 points, or 0.32%, to close at 1,413.58. The tech-rich NASDAQ Composite mimicked the other blue chip indices in America; weakening by 6.71 points, or 0.23%, to 2,971.33.

Canadian Economic Data:

* Canada Mortgage and Housing Corp. said that new housing starts fell for both single and multi-family homes in November, led by contractions in British Columbia and Ontario, adding credence to the nation`s housing market cooling from its frantic growth pace over the last few years. Seasonally adjusted, the annualized rate fell to 196,125 from 203,487 in October, marking the third consecutive month of a slowing pace and weakest level since November 2011. Economists were anticipated a drop, but only to 201,200 annualized starts.

* Also on the home front, Statistics Canada said that its New Housing Price Index (NHPI) rose 0.2% in October, paced by gains in Toronto, Oshawa and Montreal. On a yearly basis, prices are up 2.4 percent compared to October 2011.

* Thanks to merchandise imports declining 1.2% while exports increased 1.0% in October, Canada`s trade deficit with the world shrank much more than expected. Imports fell to a 15-month low at C$38.28 billion, shoving the trade deficit from a revised $1.0 billion in September to $169 million in October. A drop in imports is widely regarded as a weakening economy by economists.

* Manufacturing sales declined 1.4% in October to $48.8 billion, reflecting drops in the aerospace product and parts (-25.4%), the motor vehicle assembly (-3.4%), and the primary metal industries (-2.8%). Declines, which were shown in 12 of 21 industries, were partly offset by higher sales in the petroleum and coal industry as well as the wood product industries. Inventories advanced 1.3% in October to $66.2 billion, the highest level since January 2009.

This week, economic data will be heavy, including International Transaction in Securities and CREA stats/MLS sales on Monday; Leading Indicators, Wholesale Trade and Employment Insurance updates on Wednesday; Retail Trade on Thursday; and the Consumer Price Index and Gross Domestic Product for October on Friday.

U.S. Economic Data:

* The Commerce Department said that the U.S. trade deficit widened by 4.9 percent in October to $42.2 billion from a revised $40.3 billion deficit in September as lower exports outpaced shrinking imports.

Economists were expecting the trade deficit to rise to $42.6 billion for October. Exports of goods and services contracted by 3.6 percent to $180.5 billion during the month, the largest one-month drop since January 2009, marking the lowest level since February. Imports declined by 2.1 percent to $222.8 billion, the lowest level since April 2011.

* As discussed above, the Federal Open Markets Committee stated that it would keep interest rates at historic lows until the unemployment rate substantially contracts. The Fed also extended its stimulus programs to continue feeding the struggling economy.

* Output at U.S. factories gained steam in November to rebound from a 0.7 percent drop in October that was partially attributed to Hurricane Sandy hitting the East Coast late in the month. The Federal Reserve said that production in the utilities and mining indexes jumped in November, boosting industrial production by 1.1 percent, the biggest rise in two years. Economists were only expected at 0.3 percent increase for November. Manufacturing, which accounts for about 75% of all production, rose by 1.1 percent in November, its highest level in 2012, exceeding economist predictions of a 0.5 percent gain.

* Lower gasoline prices contributed to Americans paying less for goods and services during November, according to the Labor Department`s Consumer Price Index (CPI). The CPI declined by a seasonally adjusted 0.3 percent during the month, led by a 7.4% drop in gas prices that helped push total energy prices 4.1% lower. That`s the largest drop in gas prices in 47 months. A rise in electricity costs for the fourth straight month tempered declines in the energy index. So-called “core” CPI, which strips out volatile energy and food sectors, edged ahead by 0.1 percent in November. Year-over-year, core CPI is up 1.9 percent from November 2011.

* Cheaper gas also had an impact on wholesale prices for manufacturers in November. The Labor Department`s Producer Price Index (PPI), which calculates the costs of goods before they make it to consumers, dropped by 0.8 percent in November, the steepest drop since May, following a 0.2 percent drop in October. Economists were calling for a 0.5 percent decrease. A 4.6 percent drop in the energy index (the largest since March 2009) was moderated by a hike in the cost of foods of 1.3 percent, namely a 12 percent climb in vegetable costs. Core PPI, which eliminates the food and energy indices, rose by 0.1 percent during November and 2.2 percent in since November 2011.

* The Labor Department reported that first-time applications for unemployment benefits dropped by 29,000 to a seasonally adjusted 343,000 for the week ended December 8, representing the second lowest level of 2012. Experts were expecting a total of 370,000 new claims.

Claims from two weeks ago were revised upward to 372,000 from an initial estimate of 370,000. The four-week moving average, regarded as a better gauge of the labor market because it helps eliminate volatility, fell to 381,500 from 408,500, but is still feeling the impact of a spike in claims following superstorm Sandy in November.

* The Commerce Department said that retail sales rose 0.3 percent in November, following a 0.3 percent decline in October, signaling the shoppers are opening their pocketbooks as the Christmas holiday draws near. Once again, gas played a role with a 4.0 percent drop, giving consumers more money to spend elsewhere. Excluding gas, retail sales increased 0.8 percent in November. Business at home improvement stores increased by 1.6 percents, partially lifted by construction efforts related to Hurricane Sandy. Every segment saw increased sales in November, except for gas, department and general stores.

This week, data in the States will include the Empire State Manufacturing Survey on Monday; Housing Starts on Wednesday; Philadelphia Fed Survey, Existing Home Sales, Initial Jobless Claims and Gross Domestic Product info on Thursday; and Durable Goods, Consumer Sentiment and Personal Spending on Friday.

Technical Penny Stocks to Watch & Company Spotlight Results:

Amongst our “Daily Technical Penny Stocks to Watch,” the clear winner this week was Radio Shack Corp. (NYSE:RSH), which was selected on Tuesday at a price of $2.08 per share when the stock looked poised to make a move off the bottom. Shares did just that, rising each day following and closing Friday at the high of the week at $2.40, marking a gain of 32 cents per share, or 15.38 percent in three trading days.

Congratulations to all the technical traders that noticed this technical bounce unfold and may have benefitted from it.

On the Company Spotlight front, Sierra Iron Ore Corp.

(TSX-Venture:NAA) announced that it is has successfully staked additional mineral claims adjacent to the company`s 100-percent owned Tom Cat property in British Columbia, Canada. With the addition of the newly staked claims, the Tom Cat property is now comprised of ten contiguous mineral claims covering an area of 4013 hectares. Shares of NAA closed the week at 55 cents, representing a gain of 5.77 percent in the past five days. More information on this company can be viewed here: ( ).

Lastly, we are actively preparing our last Company spotlight of 2012 and we think our investors will love the potential that this Company has going for it. Recent political changes have opened many doors for this Company and their share price is starting to wake up in a substantial way to this fact, although we feel that the story is far from over. We can`t give away too much more details but this should be a great play to conclude 2012 and we encourage investors to watch out for an email from on this company sometime this upcoming week…

————————- Forward Looking Statements This report includes forward-looking statements that reflect the mentioned companies current expectations about its future results, performance, prospects and opportunities. the mentioned companies has tried to identify these forward-looking statements by using words and phrases such as “may,” “will,” “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,” “typical,” “preliminary,” “we are confident” or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause the mentioned companies actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company`s growth expectations and ongoing funding requirements, and specifically, the Company`s growth prospects with scalable customers, and those outlined above. Other risks include the Company`s limited operating history, the Company`s history of operating losses, consumers` acceptance, the Company`s use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company`s securities, the possible volatility of the Company`s stock price, the concentration of ownership, and the potential fluctuation in the Company`s operating results.

Disclaimer feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable.

For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company`s expectations and estimates.

This is an advertisement for the above mentioned companies. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

© 1999-2012 All rights reserved. is not a Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out to be. All materials presented on our web site and individual reports released to the public through this web site, e-mail or any other means of transmission are not to be regarded as investment advice and are only for informative purposes.

Before making a purchase or sale of any securities featured on our web site or mentioned in our reports, we strongly encourage and recommend consultation with a registered securities representative. This is not to be construed as a solicitation or recommendation to buy or sell securities. As with any stock, companies we select to profile involve a degree of investment risk and volatility. Particularly Small-Caps and OTC-BB stocks. All investors are cautioned that they may lose all or a portion of their investment if they decide to make a purchase in any of our profiled companies. Past performance of our profiled stocks is not indicative of future results. The accuracy or completeness of the information on our web site or within our reports is only as reliable as the sources they were obtained from. The profile and opinions expressed herein are expressed as of the date the profile is posted on site and are subject to change without notice. No investor should assume that reliance on the views; opinions or recommendations contained herein will produce profitable results. may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), will disclose in it`s disclaimer, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on the web site. has been compensated thirteen thousand dollars by a third-party, Blue Lake Investments ltd.

for its efforts in presenting the V.NAA profile on its web site and distributing it to its database of subscribers as well as other services. may decide to purchase or sell shares on a voluntary basis in the open market before, during or after the profiling period of this report. Information presented on our web site and within our reports contain “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be “forward looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as “expects”, “will,” “anticipates,” “estimates, “believes,” or that by statements indicating certain actions “may,” “could,” or “might” occur.


We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: ( ) and/or the National Association of Securities Dealers (NASD) at: ( ). Readers can review all public filings by companies at the SEC`s EDGAR page. The NASD has published information on how to invest carefully at its web site.

_____________________________ Change email address / Leave mailing list: Powered by YourMailingListProvider

This entry was posted in AllPennyStocks and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Comments are closed.