OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, January 11th
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OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, January 11th TTD”>ATTD, CSEY, BZCN, INBG, LBAS, CNLG, EEE, LKEN Our Stocks to Watch today include Attitude Drinks Inc. (OTCBB: TTD”>ATTD), Casey Container Corp. (OTCBB: CSEY), BizAuctions Inc. (OTC: BZCN), International Building Technologies Group Inc. (OTCBB: INBG), Location Based Technologies Inc. (OTCBB: LBAS), Conolog Corp. (Nasdaq: CNLG), Evergreen Energy Inc. (NYSE: EEE) and Luke Entertainment Inc. (OTC: LKEN)..Visit http://otcpicknews.com/emailmarketer/link.phpM940&N62&L1&F=T to register for our Daily Market Mover’s Digest Newsletter and Email Stock Watch Alerts.ATTITUDE DRINKS INCORPORATED (OTCBB: TTD”>ATTD) Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L40&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L41&F=T Attitude Drinks Inc. is an innovative, beverage brand development company with a focus on functional milk, ready-to-drink beverages. Phase III® Recovery Drink is the company`s first, functional milk drink exploiting recent scientific evidence of the benefits of milk and protein as an exercise recovery aid. The February 2010 launch of Phase III marks the first time a sports drink has been formulated from real milk. TTD”>ATTD News:January 11 – Attitude Drinks Receives First Order From Sand Dollar Distributors Attitude Drinks (OTCBB: TTD”>ATTD) announced that Sand Dollar Distributors LLC (“Sand Dollar”) has placed its first order for Phase III® Recovery Drink.
The order is for immediate delivery and includes both Chocolate and Vanilla flavored Phase III. Based in Pompano Beach, Florida, Sand Dollar serves over 3,500 stores, including convenience, nutrition, drug and grocery, in Central and South Florida.”This constitutes our first direct store delivery shipment of Phase III in Florida and activates our previously announced agreement with Sand Dollar,” said Roy Warren, CEO of Attitude Drinks. “We are excited with our great start to the New Year and look forward to sales growth beginning in our local market of Florida.”CASEY CONTAINER CORPORATION (OTCBB: CSEY) Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L04&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L05&F=T Headquartered in Scottsdale, Arizona, Casey Container is engaged in the design and custom manufacture of biodegradable PET, HDPE and other plastic polymer preforms, bottles and containers for use in the bottled water, beverage and consumer products industries. The Company is committed to developing container products that meet clients` demands while addressing environmental issues concerning proliferation of plastic pollution. The Company offers its biodegradable plastic packaging solutions using the breakthrough science of the EcoPure® additive and technology. CSEY News:December 29 – Casey Container To Focus Entirely on Ramping Up Biodegradable Plastic Preforms and Bottle Manufacturing CapacityCompany to Concentrate Its Resources on Meeting Immediate Industry Demand for Biodegradable Plastic Packaging Solutions Casey Container Corp. (OTCBB: CSEY) announced that senior management is focusing on the manufacturing of its preforms which are used to produce biodegradable plastic bottles and containers. This decision comes as the Company has received purchase orders and numerous inquiries for its biodegradable plastic solution for bottled water and other consumer product containers that use traditional plastic materials.In light of this focus, the Company has terminated acquisition negotiations with Mountain Green of Arizona, LLC and will deploy its resources exclusively to meet immediate and escalating demand for biodegradable preforms and bottling products produced using EcoPure®, a revolutionary second-generation proprietary and organic additive licensed to Casey, which when combined with resin used to produce plastic bottles and containers, renders the plastic biodegradable.Over the past several weeks, Casey Container announced receiving purchase orders for its biodegradable plastic preforms from three bottled water companies. These orders include one international and two domestic companies, providing for weekly delivery of approximately 750,000 biodegradable plastic preforms, or nearly 40 million preforms over the first 12 months once production commences in early 2011.Martin Nason, President and CEO of Casey Container, stated, “Strategically, Casey needs to accelerate and concentrate its efforts and resources on its production launch so we can begin shipping biodegradable plastic preforms to our customers, and pursue the numerous inquiries we`ve received from other bottled water and consumer products companies.” Continuing, Nason noted, “Casey has had meaningful discussions with plastic bottle manufacturers centered on joint supply arrangements. These events have led to an execution strategy which will permit us to optimize our time, effort and resources to establish Casey Container as the preferred source for custom biodegradable preforms and bottling products.”According to the Container Recycling Institute, Americans alone consume more than 90 million single use (liter size or smaller) bottled water each day, of which approximately 70 million end up in landfills and incinerators and are not biodegradable.BIZAUCTIONS INCORPORATED (OTC: BZCN) “Up 100.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L4&F=T BizAuctions, Inc. is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation`s leading retail names at the forefront of their industries. BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment. We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay. BZCN News:January 11 – BizAuctions-Lucky 7`s Makes Progress on Lease Terms for San Ysidro Retail-Outlet BizAuctions, Inc. (OTC: BZCN), a prime provider of commercial eBay and Amazon liquidation services for excess inventories, overstocks, and returns, announced today that progress is being made on the terms of the lease for the Retail-Outlet Store that is to be located in San Ysidro, CA..Delmar Janovec, BizAuctions` CEO, comments, “BizAuctions has made progress on the terms of the lease with the Landlord since the signing of the non-binding Letter of Intent in mid-December of 2010, for the Retail-Outlet store in San Ysidro, CA. We anticipate receiving comments back from the Landlord this week now that the Holidays have passed, and hope to sign a formal lease within the next ten (10) days. The Retail-Outlet store will require minor tenant improvements prior to BizAuctions-Lucky 7`s occupying, and expect that a mid-to-late February move-in date is realistic. The Retail-Outlet store is approximately 4,000 sq. ft in size and is located within approximately one half mile of the USA/Mexico border crossing on the 805 highway which averages approximately 35,000 passenger cars per day and approximately 18,000 pedestrians who cross the US/Mexico border in cars and on foot. This new location will provide BizAuctions-Lucky 7`s the supreme venue to sell name brand clothing, general merchandise, and electronics.
Based upon our Retail-Outlet December sales of $55,443 from the BizAuctions warehouse-office in Otay Mesa, and the traffic flow crossing the border each day, and an aggressive advertising program, we could see sales of $5,000 to $10,000, per day, that would translate into monthly sales from $150,000 to $300,000. BizAuctions-Lucky 7`s has made great progress since the opening of our current Outlet-Retail store, and with the location of this 2nd Outlet-Retail store, I firmly believe calendar year 2011 will show increased revenue and profits.””BizAuctions recently closed its retail store in the Chula Vista Center, in anticipation of opening a new larger location, under the name of `Lucky 7`s Outlet` in order to sell its name brand higher-end clothing such as Polo, Ralph Lauren, Buffalo and Lucky jeans, Ed Hardy shirts, PING sports apparel, O`Neill, and other name brands, general merchandise, household products, and appliances, and some electronics that will generally bring higher retail prices versus its customary eBay and Amazon business platforms,” noted CEO, Janovec.BizAuctions` clients have included some of the Nation`s leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay and Amazon platforms.IN[block]87[/block]ERNATIONAL BUILDING TECHNOLOGIES (OTCBB: INBG) “Up 50.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L97&F=T International Building Technologies Group, Inc. engages in the manufacture and sale of light weight building panels used in construction worldwide. It also provides customers with architectural design, panel supply, installation supervision, engineering, training, and technical support. The company`s building panels have applications in residential homes, schools, high rise buildings, churches, condominiums, mining shafts, hospitals, fences and walls, vacation lodges, medical care centers, and community buildings. International Building Technologies Group is based in Alameda, California with an additional office in Shanghai, the People`s Republic of China.INBG News:December 7 – International Building Technologies Group, Inc. Has Completed the Audit and Due Diligence Process Related to Its Possible Merger With FHH Sino International Building Technologies Group, Inc. (OTCBB: INBG) announced that, pursuant to the signed Letter of Intent between INBG and FHH Sino New Energies Co., Ltd., the audit and due diligence study undertaken by a PCAOB listed auditing firm in Hong Kong and a law firm in Beijing, China have been completed and signed off by these two firms. According to the due diligence study provided by the Beijing law firm, FHH Sino New Energies Co., Ltd., a Chinese company (“FHH Sino”) located in Weihai, Shandong Province, is in compliance with the laws and regulations of China under which FHH Sino operates. According to the report provided by the auditing firm, the total assets of FHH Sino are worth approximately USD15 million. The current asset value excludes the value increment of the FHH Sino’s land property of where the FHH petroleum storage facilities Phase One located next to the Weihai Harbor with total areas of 142,525 square meters (1,546,000 square feet approx.), which was worth more than USD 22 million according to an appraisal a year and half ago prepared by an local accounting firm in accordance with China accounting standards. Based on the issued DD and audit reports, Currently INBG and FHH Sino are in negotiations relative to the exact terms of the definitive merger agreements. Meanwhile, FHH Sino is being restructured in order to establish its holding company or beneficiary company in Hong Kong for the merger with INBG. Stated Kenneth Yeung, CEO of INBG: “We are glad that the audit and due diligence have been completed. It has taken longer than expected, but we wanted to make sure all audit and due diligence were handled properly in order to comply with the laws and regulations in both the U.S. and China and to provide maximum protection to our shareholders. We have posted some recent photos of FHH Sino’s construction sites with the being built petroleum storages tanks on INBG’s website and we will keep our investors informed once a definitive merger agreement is executed.”LOCATION BASED TECHNOLOGIES (OTCBB: LBAS) “Up 31.58% in morning trading”Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L68&F=T A publicly traded company, Location Based Technologies designs and develops leading-edge personal locator devices and services that incorporate patented, proprietary technologies designed to enhance and enrich the lives of families globally. The company is headquartered in Anaheim, Calif. LBAS News:June 18 – Location Based Technologies Receives AT&T Network Approval for PocketFinder and PetFinder Devices Location Based Technologies, Inc. (OTCBB: LBAS), a leading-edge service provider of personal, pet and asset location devices, received confirmation from KORE Telematics of AT&T’s (NYSE: T) laboratory completion and approval for both its PocketFinder® and PetFinder® devices.“AT&T’s network approval is a tremendous achievement and is the final milestone enabling the company to begin sales and delivery of product in the United States,” states Dave Morse, CEO of Location Based Technologies. “With FCC, TCRB”>PTCRB, and AT&T approvals we have proven that our miniaturized personal locator technology is not only sound but that it is now ready for market.”The PocketFinder family of products (for people, pets, personal assets and commercial or private vehicles) uses advanced patented technology to help families and businesses stay connected. As the smallest known single-board GSM/GPS device, the personal locator fits easily into a pocket, purse or backpack while the vehicle devices are self-contained and easily installed.
All devices can be accessed via the Internet, cell phone or landline to show the device’s exact location in real time. The devices also include advanced features such as allowing users to designate customizable alert areas as electronic “fences” to notify them when a family member or pet enters or leaves a specified area. The devices can even track vehicle speeds to encourage safe driving decisions – especially for new or commercial drivers.“Demand for this product is great and we are pleased to be able to bring the PocketFinder® and PetFinder® to market, where it can address so many important needs and give people greater peace of mind for the safety of their loved ones and other valuable assets,” said Morse.CONOLOG CORPORATION (NASDAQ: CNLG) “Up 21.21% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L7&F=T Conolog Corporation is a provider of digital signal processing and digital security solutions to electric utilities worldwide. The Company designs and manufactures electromagnetic products to the military and provides engineering and design services to a variety of industries, government organizations and public utilities nationwide. The Company’s INIVEN division manufactures a line of digital signal processing systems, including transmitters, receivers and multiplexers.CNLG News:December 20 – Conolog Reports Results for Fiscal Quarter Ended October 31, 2010StockPreacher.com announces an investment report featuring Conolog Corp.
(Nasdaq: CNLG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.The full report is available at www.stockpreacher.com/n/CNLG.In the report, the analyst notes:”CNLG recently announced it is adding Ethernet transmission capability to its CM-100 multiplexer with IEC 61850 protocol. The CM-100 platform – a first of its type in direct communication between substations is being expanded to include Ethernet transmission for Smart Grid applications using the IEC 61850 protocol. In a press release, CNLG president Marc Benou said the Company plans line testing for the third quarter with production scheduled for the first quarter 2011.”Demonstrating substantial demand for its products, CNLG last month announced it has received advance orders for its PDR systems and other communication equipment valued at over $1.9 million, with deliveries to be scheduled over the next fiscal year.”EVERGREEN ENERGY INCORPORATED (NYSE: EEE) “Up 22.49% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L48&F=T Evergreen Energy Inc. has developed two proven, proprietary, patented, and transformative green technologies: the GreenCert™ suite of software and services and K-Fuel®. GreenCert, which is owned exclusively by Evergreen, is a science-based, scalable family of environmental intelligence solutions that quantify process efficiency and greenhouse gas emissions from energy, industrial and agricultural sources and may be used to create verifiable emission reduction credits. K-Fuel technology significantly improves the performance of low-rank coals, yielding higher efficiency and lowering emissions. EEE News:January 10 – Evergreen Energy’s New Executive Chairman Issues Open Letter to Shareholders The board of directors of Evergreen Energy Inc. (NYSE: EEE) approved the execution of a reverse split of its common shares at a ratio of 1-for-12 to be effective August 20th.At the Annual Meeting on July 13th, Evergreen`s shareholders approved the reverse split, which is expected to bring the stock price into compliance with the NYSE Arca continued listing requirements. Failure to maintain the listing would trigger the fundamental change provision of the company’s outstanding 2007 Convertible Notes. Trading of Evergreen’s common stock on the NYSE Arca will continue, on a reverse stock split-adjusted basis, with the opening of the market on August 20, 2010.LUKE ENTERTAINMENT / GREENE CONCEPTS (OTC: LKEN) “Up 7.41% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N62&L27&F=T Luke Entertainment has officially changed its name to Greene Concepts, Inc. to better reflect its brand toward long-term growth. The name change effected with the New York Secretary of State on November 4th, 2010 and is under process for FINRA acknowledgment. Greene Concepts, Inc. is an ink technology manufacturing and distribution Company headquartered in Fresno CA. Chairman and Founder Lenny Greene has spent the past 30 years serving the printing needs of businesses and consumers. Greene Concepts intends to be the catalyst for the introduction of a number of innovative products and marketing strategies and to bring the world the best inks at the lowest prices so consumers and businesses can save time, save money, print more and print better. LKEN News:January 7 – Luke Entertainment, Inc`s AccuBrite Enters Discussions With Multinational Corporation for DistributionAccuBrite Looks to `Ink` Deal With Discount Department and Warehouse Stores Chain Luke Entertainment, Inc.`s (OTC: LKEN) AccuBrite executives have entered discussions with decision makers at a household name mega-chain for product orders within the company`s FreeInk4Life™ line. Executives feel that the product`s cost-efficient, convenient solution is a perfect fit for the chain, which has 8,500 stores in 15 countries with 55 different names. AccuBrite founder and LKEN CEO Lenny Greene is “very pleased with how the product is being received by retailers, and I`m confident we`ll have success here too. Discussions are in early stages at this point, but we`re talking to the right people and I believe it`s not if we`ll come to an agreement but rather, how soon.”The company expects to have updates in the near future on discussions and plans to release updates on its 2011 marketing rollout via various media outlets toward a running start for product sales and increased revenues.AccuBrite, Inc, creator of FreeInk4Life™, has developed a family of 25 “Do It Yourself Ink Cartridge Refilling Systems.” All refilling tools, accessories, filling stations, interactive CD-Rom instruction manual, 24/7 customer service / tech support and license to unlimited FREE ink refills are included with our kits within the FreeInk4Life™ family of products.
Consumers can now save thousands of dollars annually without replacing their inkjet cartridges using ABI`s top of the line refill kits.OTCPicks.com is located at 3533 Twin Lakes Drive, Prosper, TX 75078, Telephone: (972) 546-3740, Email: Publisher@OTCPicks.com.This email address is being protected from spam bots, you need Javascript enabled to view it..DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. You are receiving this email because you have registered on OTCPicks.com or one of our affiliate companies. The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them. Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any company profiled based solely on information contained in our reports. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research. Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing. Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward-looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company`s most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.
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