OTCPicks.com Daily Market Movers Digest Midday Report for Friday, August 19th
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OTCPicks.com Daily Market Movers Digest Midday Report for Friday, August 19th OTFT, PNGM, SUGO, PTSH, DTRO, SRGE Our Stocks to Watch today include OutFront Companies Inc. (OTC: OTFT), Pengram Corp. (OTCQB: PNGM), Sungro Minerals Inc. (OTCQB: SUGO), PTS Inc.
(OTC: PTSH), Deltron Inc. (OTCBB: DTRO) and Southridge Enterprises Inc.
(OTC: SRGE).Visit http://otcpicknews.com/emailmarketer/link.phpM940&N68&L1&F=T to register for our Daily Market Mover’s Digest Newsletter and Email Stock Watch Alerts.OUTFRONT COMPANIES INCORPORATED (OTC: OTFT) “Up 350.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N68&L75&F=T Outfront Companies has acquired three companies as subsidiaries, SOAMAC (online asset management for small business), VOACAM (online video production) and CouponFlasher.com (online e-OTFT News:February 8 – CouponFlasher.com is Seeing Rapid Growth in Palm Beach CountyOutFront Companies (OTC: OTFT), a specialty software application company with expertise in search engine optimization, announced that its subsidiary CouponFlasher.com (a Groupon rival) has set up offices with Big Mouth Advertising in Boca Raton, FL and is seeing rapid growth in Palm Beach County.CouponFlasher.com has expanded sales into Palm Beach County. The company has joined forces with Big Mouth Advertising in their Boca Raton, FL office and begun growing the sales force and telemarketing into Palm Beach County.
Big Mouth Advertising is preparing to advertise CouponFlasher.com on their Mobile Billboards to begin branding the web site in local markets.
CouponFlasher.com is already ranked in the top 30,000 web sites in the country according to Alexa.com, in just 3 months. Alexa.com is a ranking and web information company. Kevin Todd, CEO of OutFront Companies, stated: “We are finding small businesses are very excited about advertising with CouponFlasher.com, because we believe we offer them something that Groupon does not. We give the small business owner the ability to take their PNGM) “Up 42.86% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N68&L76&F=T Pengram Corporation, an exploration stage mining company, engages in the acquisition, exploration, and development of mining properties. The company focuses on the exploration and development of gold properties. It owns a 100% interest in the Clisbako property located in the interior plateau region of north central British Columbia. The company was founded in 2006 and is based in Bellingham, Washington.PNGM News:August 19 – Pengram Corporation Announces Agreement with Capitol Financial Media of NevadaPengram Corporation (OTCQB: PNGM) announced that it has entered into an agreement with Capitol Financial Media of Nevada (“CFM Nevada”). Under the terms of the agreement, CFM Nevada will provide investor relations services on a month by month basis for consideration of $2,000 per month. The services to be provided include receiving and responding to investor phone calls. Pengram`s President, Mr. Donaldson, stated, “We are pleased to retain the services of CFM Nevada to provide this service to investors and potential investors.
This will free Company management to deal with the business of the Company while providing good interactive information flow to investors.” SUNGRO MINERALS INCORPORATED (OTCBB: SUGO) “Up 33.33% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N68&L03&F=T Sungro Minerals, Inc. is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources. The company now controls 548 un-patented claims covering an area of over 11,000 acres.SUGO News:June 28 – Sungro Minerals Receives Letter of Intent From Quest Capital FinanceSungro Minerals, Inc. (OTCQB: SUGO), an Exploration Stage Mining Company, announced that Quest Capital Finance (“Quest”) has completed its review of materials provided by Sungro and provided a Letter of Intent (`LOI`) setting out the formal `Terms and Conditions` of the proposed loan. The proceeds of the Commercial Finance Loan would be used for working capital, development, and mining purposes at the Conglomerate Mesa Property in Inyo County, CA.”This LOI is the next step related to the financing arrangements between Sungro Minerals and Quest Capital Finance. The company is finalizing the due-diligence items and final `Terms and Conditions` prior to the final Commitment to Fund,” said Fred Pucillo, CEO.”The terms and conditions are currently under review by the Board. We are carefully reviewing the costs that Sungro would be responsible for which would include costs and fees associated with the `LOI` such as Appraisal, Legal, Engineering Reports, Feasibility Studies, Environmental Studies, Loan Fees, Zoning Letters and Approvals, Flood Certifications, Title and any closing costs associated with the transaction,” stated Erwin Vahlsing, Jr., CFO. “In the event Sungro and Quest do not come to a mutually agreed list of due-diligence items required from third party entities, then both parties are released from the obligations of this LOI,” he concluded.PTS INCORPORATED (OTC: PTSH) “Up 39.07% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N68&L88&F=T PTS, Inc., through its subsidiary, Glove Box, Inc., owns the rights to patented Glove Box system that offers contamination reduction through automated glove dispensing. The Glove Box system dispenses disposable latex gloves. The company also provides various services, including inspections of facilities, production of accessibility reports, consultation, expert witness services, review of policies, and procedures of the client. PTS, Inc. was founded in 1996 and is based in Las Vegas, Nevada.PTSH News:August 19 – PTS, Inc. and Navistar Discuss Operations and Expansion PlansPTS, Inc. (OTC: PTSH) and Navistar Logistics (UK) Ltd. delivered information regarding Navistar operations and plans in the logistics industry segment.The company specializes in air and sea freight and road haulage, transfer customs clearance, storage and fulfillment. The company is a member of British International Freight Association (Navistar can be found on BIFA site, Road Haulage Association (RHA) and the British Chamber of Commerce.Navistar Logistics (UK) Ltd. owns fully equipped warehouses in Birmingham, Manchester, London, West Bromwich, Newcastle, most major ports, airports and hubs such as London (Heathrow). Navistar has developed extensive relationships with the international logistics communities, such as ports, 3rd party forwarders, large-scale logistic coordination companies, customs, etc., offering a worldwide network of international approved agents, logistic services throughout UK, Northern and Southern Ireland, and Europe.Navistar owns a fleet of 35 vehicles operated by experienced and courteous drivers. All vehicles are equipped with GPS tracking and mobile phone communications. The company also offers refrigerated vehicles and is certified to handle dangerous goods. Navistar offers on-line tracking system and freight management.The company has experienced a substantial growth even in the tough economic climate and expects to continue to grow at a steady pace and expand into new markets such as the Middle East and Asia.More news to follow shortly.DELTRON INCORPORATED (OTCBB: DTRO) “Up 20.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N68&L36&F=T Deltron acquires profitable businesses with strong management teams, substantial revenue and established market positions. Wholly owned subsidiary Blu Vu is a developer of proprietary closed circuit rebreather technology and components that go beyond conventional scuba systems to enable commercial and recreational divers to go deeper, stay underwater longer and recover faster. Wholly owned Elasco is a proven innovator in product manufacturing with a 30-year operating history, diverse customer base and vertically integrated manufacturing facility in Garden Grove, California.DTRO News:June 13 – Deltron’s Blu Vu Invited to Present its Rebreather Solutions at America`s Largest Consumer Dive ExpoDeltron, Inc. (OTCBB: DTRO) reports that the Company’s highly innovative rebreather Bail Out Valve (BOV) components were showcased at SCUBA Show 2011 on June 4th and 5th in Long Beach, California. Dr. Jeffrey Bozanic, international diving safety expert and head of Deltron’s Blu Vu division, was invited to conduct a seminar for the conference’s more than 12,000 attendees entitled “Rebreathers for the Mass Market”. Deltron’s Blu Vu designs and develops components and systems for closed-circuit rebreathers—underwater life support systems that recirculate breathing gases to enable deeper, longer and more productive dives. Founded in 2008, Blu Vu is led by internationally renowned deep sea and cave diving expert Jeffrey Bozanic, Ph.D. Blu Vu is focused on the design and development of proprietary closed-circuit rebreathers and components for commercial and recreational diving. At SCUBA Show 2011 the Blu Vu team presented its rebreather components to potential customers including rebreather OEM’s, resellers, dive shops, diving experts, diving agencies, dive tech developers and to PADI, the training agency for recreational divers. Dubbed America’s Largest Consumer Dive Expo, SCUBA Show 2011 is sponsored by organizations including DAN, PADI, California Diving News, the Wyland Foundation, LiquidAssets.tv, Sport Chalet and REEF. World famous marine artist and conservationist Wyland created a live painting and exhibited his artwork at the show. Hundreds of companies and agencies exhibited, and attendance topped last year’s record 11,216 registered visitors. Henry Larrucea, CEO of Deltron, commented: “We were extremely pleased to have been selected to present our solutions at SCUBA Show 2011, one of the recreational diving industry’s top conferences. Dr. Bozanic’s seminar on the growing use of rebreathers for recreational diving and the many advantages of rebreathers over conventional SCUBA systems was well attended and well received. Deltron is excited to pursue the opportunities we see opening up within what we believe is a highly lucrative niche market with significant room for growth.” Last week Deltron reported highly positive second quarter financial results. For the quarter ended March 31, 2011, Deltron’s wholly owned Elasco, Inc. manufacturing subsidiary increased revenue by 36.5% and increased gross profit by 322% over the second quarter last year.SOUTHRIDGE ENTERPRISES (OTC: SRGE) “Up 25.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N68&L22&F=T Southridge Enterprises, Inc. operates as a renewable energy company. It primarily focuses on the production and marketing of ethanol and other renewable fuels in the eastern United States. The company was founded in 2004 and is headquartered in Dallas, Texas. SRGE News:April 20 – Southridge Closes Second Tranche of $5,000,000 Financing Southridge Enterprises Inc. (OTC: SRGE) (“Southridge” or the “Company”) announced that Southridge Minerals, Inc., its wholly owned subsidiary has closed a second tranche of its previously announced financing (“Debenture Financing”) with Quixstone Investments, Inc. (“QII”) for gross proceeds of $2,287,500. This brings the total amount raised to $4,575,000 from the issuance of convertible debentures.The Debenture Financing matures on December 14, 2013 (the “Maturity Date”) and bears an annual interest rate of 9.4% payable on a quarterly basis. The outstanding principal under the debentures has the option for the holder to convert into common shares in the capital of the Company (“Common Shares”) at a conversion price of $0.35 per share. The debentures will be systematically converted into common shares at a conversion price of $0.35 in the event that the common shares trade at not less than $0.55 per share for a minimum period of sixty (60) consecutive trading days. Proceeds from this financing will be used for corporate purposes, including working capital and funding for the Company`s Cinco Minas Gold property in Mexico..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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