FRMC, MFLI, XPGH, GELV, OPMG
IRSN, CLSC, SHMN, CDIV, JYHW, OWVI
Our Stocks to Watch today include FormCap Corp. (OTC: FRMC), Muscle Flex Inc. (OTC: MFLI), XcelPlus Global Holdings Inc. (OTC: XPGH), Green Energy Live Inc. (OTCBB: GELV), Options Media Group Holdings Inc. (OTCBB: OPMG), Irvine Sensors Corp. (Nasdaq: IRSN), Cobalis Corp. (OTC: CLSC), SOHM Inc. (OTC: SHMN), Cascadia Investments Inc. (OTC: CDIV), JayHawk Energy Inc. (OTCBB: JYHW) and One World Ventures Inc. (OTC: OWVI).
FORMCAP CORPORATION (OTC: FRMC)
"Up 2.17% in morning trading"
FormCap is a reporting issuer with the shares traded on the “Pink Sheets”. FormCap holds 100% Working Interest (80% Net Revenue Interest) in the 4,900 acre Weber City Prospect located in Curry County, New Mexico. Formcap’s mandate is to seek out highly prospective oil and gas properties for acquisition, exploration and development.
February 5 -
FormCap Enters into Operations and Farm-in Agreement
FormCap Corp. (OTC: FRMC) announced that it has entered into a Consulting and Option Agreement with Mr. Norman Mackenzie of Calgary, Alberta, Canada, to develop and execute the drilling and development plan for the Weber City Prospect. The Weber City Prospect consists of approximately 4,800 acres with room for 100+ well locations, strategically positioned in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US.
Mr. Mackenzie has over thirty years experience in the domestic and international energy industry with companies that have developed significant energy projects in the North Sea (UK and Norway), China, Abu Dhabi, Dubai, Egypt, Bangladesh and Libya. In addition, he is Chairman and Founder of C & C Energy Canada Ltd., which is engaged in oil and gas exploration in Colombia, South America; these assets are currently capable of producing over 5,000 BOPD. Companies that Mr. Mackenzie has been associated with have been at the leading edge of technology in all sectors of the oil & gas business. In 1992, Scimitar Hydrocarbons, a public company founded by Mr. Mackenzie, was merged with Rally Energy Corp., which was subsequently sold for over $900 million in 2003. Mr. Mackenzie and his team will develop a strategic development plan that will include the scope of seismic surveys, the delineation of multiple drill targets and access to capital to assist in the ultimate exploitation of FormCap’s leases.
“Mr. Mackenzie and his team bring an extremely high level of expertise to FormCap’s exploration and development plan for Weber City Prospect. The fact that he negotiated for rights to financially participate in the development of this Prospect further supports our contention that it is a high quality opportunity” stated Graham Douglas, FormCap’s president.
MUSCLE FLEX INCORPORATED (OTC: MFLI)
"Up 21.13% in morning trading"
Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex's corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.
February 8 - Muscle Flex Provides a Preview into its Next Generation of Websites - MuscleFlexVATA.com
Muscle Flex Inc. (OTC: MFLI) (www.MuscleFlex.com) announced that it is previewing for investors its next generation of websites. The first website currently in production is www.MuscleFlexVATA.com. Investors can see a “design preview” at www.21stdigital.com/muscleflexvata.
This new generation of websites includes some of the most advanced source coding for complete web optimization (SEO), user interfaces as well as high end picture displays. The end result is extremely fast page loads, a rich and entertaining user experience, multi-function shopping cart applications and a scalable environment by which to expand, resulting in increased site traffic and revenue optimization. Muscle Flex hopes to have the new site live by the first week in March.
Investors should note that progress on the new MuscleFlexVATA.com website is much more developed than this “preview page” depicts. New logos, verbiage, fonts as well as page details have not been loaded onto the “preview” page. Muscle Flex shall also be including a video presentation of the Muscle Flex VATA Collection on the “home” page to enhance the user experience and to bring out the excitement in the clothing designs.
“When we combine our high end website design with the exposure and awareness generated by our alignment with Kim Kardashian, I anticipate that overall site traffic will increase dramatically and with it, potential revenue as well,” commented Danny Alex, CEO of Muscle Flex Inc. “We have a number of exciting developments that we are in the process of integrating into our websites and others that we are testing.”
Muscle Flex is currently testing and considering implementing a 360 degree frame by frame “motion picture” technology for each VATA item that would rotate the frame 360 degrees, showing the entire garment in one picture box by moving the mouse cursor over the picture. This frame by frame moving picture portrayal of the garment would be a leading edge development for Muscle Flex as well as the online clothing industry. Muscle Flex hopes to provide investors additional details as to its potential for implementation on the Muscle Flex VATA website.
The designer for the Muscle Flex website is Dimitris Papanikolaou at www.websitedesignla.com. Muscle Flex has developed a robust and rewarding relationship with Mr. Papanikolaou, who designs some of the most impressive websites today.
Muscle Flex VATA Sports and Active Wear Collection
The entire VATA Brasil™ Collection is a OneFit™ garment that fits sizes 0 - 12 making it a perfect candidate for a direct response 30 minute television program. The specially designed VATA OneFit fabric is a lightweight, highly elastic fabric that has four times more filaments than regular fabric. The VATA OneFit fabric has a memory stretch quality which allows for its incredibly comfortable OneFit feature.
The unique properties of the VATA OneFit fabric, draws moisture away from the skin and forces it to the surface by way of millions of specially designed filaments. Once there, it rapidly evaporates. The moisture drawing properties of the VATA OneFit fabric is a natural wicking process as opposed to a chemical treatment used by most other garment manufacturers. The OneFit VATA fabric has 4 times the filaments as regular yarn and its millions of filaments make for a softer, drier more comfortable feel. The ultra stretch and memory stretch features make for a perfect fit at any size.
February 5 - Muscle Flex Announces Conference Call Details
Topics Include The Complete Package Reality TV Show, Alignment with Muscle Flex VATA, Muscle Flex "In the Raw" vs WWE "Raw" Trademark, Sugar Free Daytime Primetime Show and Additional Corporate Updates
Muscle Flex, Inc. (OTC: MFLI) announced that it will be conducting an investor conference call on February 10, 2010 with CEO Danny Alex at 3:00 PM PST. Investor call in information is as follows:
Access Number: 432665
Topics to be discussed include The Complete Package Reality TV Show (“In Search of Miss Muscle Flex”), Kim Kardashian Alignment with Muscle Flex VATA, Muscle Flex “In the Raw” vs. WWE “Raw” Trademark Dispute, Sugar Free Daytime Primetime Show, the short and long term macro corporate strategy, The BUDDY and Beagle Commercials as well as a number of other relevant items related to growth and operational strategies for Muscle Flex Inc.
“Muscle Flex is a company that is developing very quickly and with so much going on in such a short span of time, it is important to provide investors with information on how all of these moving components fit together and specifically how it relates to the revenue growth model of the company,” commented Danny Alex, Muscle Flex’s CEO. “It is important that investors understand our growth strategy through credible and real information and not presumptive speculation as our projects have ‘high profile’ elements associated with them.”
Additional topics to be discussed include the company’s cost structure, revenue models, its partners TLK Fusion and Wesley Morris Entertainment, financing activities and other operational considerations.
Investors are invited to submit their questions to
. Please ensure all emails are short and to the point as long and lengthy emails cannot be attended to.
XCELPLUS GLOBAL HOLDINGS INCORPORATED (OTC: XPGH)
"Up 8.57% in morning trading"
Xcelplus Global Holdings, Inc., a development stage company, develops and produces federally compliant biomass based renewable fuels for the light, medium, and heavy industries. Its product lines include synthetic fuel oils, biomass release agent, and btu enhancer. The company holds various technologies and licenses them for manufacturing and distribution. Its technologies include digiflex, lubrilon, alternative energy centers, E85 flex lube centers, diesenol, glycoal, and glyclene. The company is headquartered in Dothan, Alabama.
February 4 - XcelPlus Global Holdings Sees Bright Future in Revisions to Renewable Fuel Standard Program
XcelPlus Global Holdings, Inc. (OTC: XPGH), a leading manufacturer and distributor of industrial biofuels, gained a solid foothold on its future growth and stability this week with the passing of revisions to the National Renewable Fuel Standard (RFS2) program by the Environmental Protection Agency (EPA). The revised statutory requirements establish new annual volume standards for the biomass-based diesel fuel produced by XcelPlus Global, as well as for cellulosic and advanced biofuels. The combined volume requirements for 2010 are 12.95 billion gallons (bg), and, under the new regulations, continue to increase over the next 12 years, reaching 36 bg by 2022.
"This legislation sets the stage for us to enter some new, very large markets," said J. Michael Parsons, president and CEO of XcelPlus Global Holdings. "There is a synergistic effect as well, as this new legislation will also strengthen our strategic partners and stabilize our industry into the future." XcelPlus Global currently supplies biofuels made from plant oils, fats and other waste stream products to customers in asphalt/road construction, paper mills and lime kilns, among others.
"We are grateful for the efforts of Senator Maria Cantwell (D-WA) and for her understanding of the importance of making renewable fuels viable in the United States," said Parsons. Members of the XcelPlus Global management team will attend the National Biodiesel Conference in Dallas, TX next week to meet with EPA officials and explore opportunities presented with the new regulations.
This release includes 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. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.
GREEN ENERGY LIVE INCORPORATED (OTCBB: GELV)
Green Energy Live Inc. is engaged in developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation's $154 billion livestock industry. The company plans to use its proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable livestock farmers and ranchers to convert their animal waste into clean, renewable energy.
February 4 -
Green Energy Live Expands Operations to Accommodate Growth
Green Energy Live Inc. (OTCBB: GELV), a clean energy company engaged in developing sustainable biomass-to-energy conversion solutions for the U.S. livestock industry, is pleased to announce that the company has moved into new offices to accommodate its growing business. With its expanded team and new corporate headquarters Green Energy Live is focusing on the development of on-site manure to energy converters for farmers and ranchers, pursuing acquisitions of clean energy companies and technologies, and achieving sales and revenue increases through its wholly owned Comanche Livestock Exchange subsidiary.
Green Energy Live has moved out of a smaller executive office suite and into 2,500 square feet of newly leased office space in Wyoming, Michigan. The company is bringing together its executive, accounting and business development staff members to accommodate its plans for expansion.
The company has also added to its workforce. Green Energy Live has hired a seasoned Manager of Special Projects to identify green energy companies and technologies for potential acquisition, manage any upcoming acquisitions, align financial functions and reporting, provide support for Comanche's business, and manage marketing activities. A highly qualified in house accounting staff member has also been hired to support financial and reporting functions.
Comanche Livestock Exchange, a wholly owned subsidiary of Green Energy Live, generated an 18% increase in revenue and a 6% increase in net income in third quarter 2009. The company is a profitable livestock auction and hauling services provider with a 60 year operating history. Green Energy Live anticipates reporting on fourth quarter performance later this month.
Karen Clark, President/CEO of Green Energy Live, commented: "We are pleased to announce that we have officially outgrown our office space. With the expansion into new offices, addition of exceptional new team members and the identification of new opportunities to grow our business this is a very exciting time for Green Energy Live. We are balancing expansion activities with a keen eye on the bottom line, keeping overhead and expenses low while facilitating further growth."
MEDIA GROUP HOLDINGS INCORPORATED (OTCBB: OPMG)
Options Media Group
Holdings, Inc. is an email services provider for on-demand
email marketing to create, send, and track professional
and permission-based email marketing campaigns. Additionally,
Options Media provides precision direct marketing
solutions including email marketing, SMS/mobile marketing,
SMS/keyword marketing, custom lead generation and
creative services. Options Media provides clients
with access to software, hardware, bandwidth, and
exclusive domains and IP addresses, as well as the
ability to upload and manage subscribers, and review
and upload campaigns and track results for a 360-degree
full-service customer marketing solution.
February 4 -
Emerging Growth Research, LLC Issues Research Briefing on Options Media Group Holdings, Inc.
Emerging Growth Research, LLC, a leading independent research and analysis firm, has issued a new research briefing on Options Media Group Holdings, Inc. (OTCBB: OPMG). The briefing examines the significant shift currently underway in the advertising industry, with investment dollars moving toward digital advertising media and away from more traditional outlets, including print, TV and radio, among others. Options Media Group is a leading direct digital marketing company with a strong management team, great client base and a comprehensive product and service offering for email and mobile marketing campaigns.
"With today's increasingly compressed product lifecycles, many advertisers prefer to utilize an outsourced technology platform solution rather than incurring both the time cost and investment expense necessary for the in-house development of a back-office system to support mobile advertising campaigns," commented Joe Noel, author of the briefing at Emerging Growth Research, LLC. "We believe this situation creates a compelling case for anticipated growth at companies that can provide such outsourced online and mobile messaging services. In this regard, one of our favorite companies in the digital advertising space is Options Media Group," concluded Noel.
The full report can be accessed at http://bit.ly/4QdwI2.
February 3 -
Options Media Group Further Strengthens Balance Sheet
Options Media Group Holdings, Inc. (OTCBB: OPMG), a leading email service provider, permission based email, sms/text messaging marketing and mobile marketing company, announced today that holders of its remaining debt and key creditors have agreed to forgo cash payments for common stock of Options Media.
As of February 1, 2010, Options Media had no debt and over $1,000,000 in cash. The newly strengthened balance sheet will help Options Media move forward with its revised focus in the exciting and growing mobile marketing space.
"Options Media will focus its efforts in monetizing its recent acquisition of assets from WhatCounts Inc.," said Scott Frohman, Chief Executive Officer of Options Media Group. "We feel this acquisition will enable us to provide improved results for our customers. Additionally, our mobile marketing business will benefit from the overlapping synergies. I appreciate all the support from my former creditors and shareholders and look forward to building Options Media into a leader in the space."
IRVINE SENSORS CORPORATION (NASDAQ: IRSN)
"Up 43.70% in morning trading"
Irvine Sensors Corporation, headquartered in Costa Mesa, California, is a vision systems company engaged in the development and sale of miniaturized infrared and electro-optical cameras, image processors and stacked chip assemblies and sale of higher level systems incorporating such products and research and development related to high density electronics, miniaturized sensors, optical interconnection technology, high speed network security, image processing and low-power analog and mixed-signal integrated circuits for diverse systems applications.
February 8 -
Irvine Sensors Receives Additional Order for 'Clip-On' Thermal Imagers
Will act as subcontractor in support of $37.8 million contract
Irvine Sensors Corporation (Nasdaq: IRSN) announced that one of its existing purchase orders with Optics 1, Inc., of Manchester, New Hampshire, an optical systems designer and manufacturer, has been modified to include initial units of Clip-On Thermal Imager ("COTI") systems to be built under a $37.8 million contract recently awarded to Optics 1 by the Naval Surface Warfare Center of Crane, Indiana. The COTIs to be delivered under the new contract are intended for use by special operations forces. Irvine Sensors will be acting as a subcontractor supplying thermal imagers to Optics 1. John Carson, Irvine Sensors CEO, said, "Once the required delivery schedules of the government customer are fully known, we expect that the amount of our subcontract will ultimately exceed $18 million in support of this job."
Irvine Sensors and Optics 1 have been jointly developing the COTI over the last several years under government sponsorship, based on technology originally conceived by Irvine Sensors. The COTI has been designed to clip onto existing military night vision goggles and provide users with thermal images to complement the amplified low-light images that such goggles can currently provide. Such dual capability has been long sought by the military and is intended to both enhance imagery obtainable from the existing night vision goggles as well as providing images in circumstances where physical barriers, atmospheric conditions or lack of light limit the effectiveness of the existing goggles. There are presently about one million night vision goggles in U.S. military inventories that could potentially be retrofitted with the COTI system.
COBALIS CORPORATION (OTC: CLSC)
"Up 30.36% in morning trading"
Headquartered in Laguna Beach, California, Cobalis Corp. is an over-the-counter pharmaceutical company. Its flagship product PreHistin™ is designed to prevent the primary causes of airborne allergies, and is set for launch in February 2009. The anti-allergy market is projected to exceed $10 Billion annually by 2010, and PreHistin™ is poised to capture significant market share. PreHistin™ is singularly positioned as it is the only Phase III clinically tested sublingual anti-allergy product with demonstrated efficacy.
January 15 -
Cobalis Corp, Maker of Revolutionary Allergy Relief Product PreHistin® 'The World's FIRST Prehistamine' Confirms Filing of Five Count Lawsuit Against Yorkville Advisors/YA Global Investments, L P f/k/a Cornell Capital Partners, L P in US Bankruptcy Court
Cobalis Corporation (OTC: CLSC) confirms filing Five Count Adversarial Complaint on November 9, 2009 against secured creditor Yorkville Advisors/YA Global Investments, L P (“YAGI”) f/k/a Cornell Capital Partners, L P in US Bankruptcy Court, Santa Ana, CA.
Yorkville Advisors LLC (“YA”) is a consultancy that arranges financings for public companies using a technique known as Private Investment in Public Equities (“PIPE”). It has been alleged that YAGI and its predecessor Cornell are one of the largest investors in PIPE transactions and may have entered into over 300 transactions with publicly traded companies.
On December 20, 2006, Cobalis entered into a Securities Purchase Agreement with Cornell whereby Cornell agreed to purchase up to $3,850,000 of convertible debentures from Cobalis which could be converted into Cobalis’ common stock. The transaction is considered a PIPE transaction as commonly referred to in the securities industry.
Over the next two to three years and beginning in April 2007, just four months after the PIPE agreement was signed, YAGI sold over 15,000,000 shares of Cobalis stock pursuant to their joint disclosure statement filing with the bankruptcy court. From April 2007 to July 2007, Cobalis Corporation share price went from approximately $1.20 per share to $0.10 per share significantly impacting the ability of Cobalis to launch PreHistin® to world-wide markets as a nutraceutical allergy relief alternative to antihistamines or to secure funding for another Phase III FDA clinical trial. The resulting drop in Cobalis share price amounted to loss of approximately $60,000,000 in shareholder equity.
On August 1, 2007, less than seven months after execution of the PIPE transaction, YAGI involuntarily filed to convert Cobalis to Chapter 7 liquidation. It has been alleged that this was done ahead of the allowable cure periods for the alleged default as an attempt to prevent Cobalis from honoring its obligations pursuant to the PIPE transaction.
Following are a summary of the claims by Cobalis as filed in the lawsuit:
1. Two counts of Breach of Contract and allegations of “equitable fraud.”
2. Breach of contract and accumulating greater than 4.99% of Cobalis shares at one time.
3. Securities Fraud for violation of SEC Rule 10-b-5 relating to short selling without proper representation.
4. Equitable Fraud and Breach of Fiduciary Obligations by YAGI in collecting $415,000 in fees paid by Cobalis for execution of this PIPE transaction.
Cobalis is seeking for relief of costs and damages on all counts and for such further relief as the court deems just and proper. Tentative status conference hearing is scheduled for February 4, 2010.
Cobalis continues to operate and sell PreHistin® under a Chapter 11 reorganization and has submitted a reorganization plan to the bankruptcy court that also has jurisdiction over this lawsuit, so they may be successfully discharged from bankruptcy.
The Cobalis Plan intends to pay back all creditors at 100% of allowable claims and also retains 100% of Cobalis shareholder equity. Cobalis believes YAGI may have already recouped all or more of their investment from their sale of 15,000,000 Cobalis shares. If Cobalis pays back YAGI in full, YAGI will be required to return over eight million (8,000,000) pledged shares of Cobalis stock.
YAGI has also submitted a competing plan to the bankruptcy court. Their plan, as filed with the court, intends to wipe-out the common stock of Cobalis and its shareholders, pay creditors 4 to 15 cents on the dollar, and allow 90 % of revenues from the world wide distribution of PreHistin® to be accrued to a Canadian business entity alleged to have been recently purchased by YAGI and managed by a current YAGI principal.
The next CH 11 plan hearing date is December 16, 2009. Subsequently, creditors will be properly notified during January 2010 and have an opportunity to vote on the Cobalis Plan or the YAGI competing plan, if either or both, are approved by the court for plan confirmation vote by creditors.
Cobalis continues to execute their international sales, marketing, distribution and licensing strategies and their previously announced direct response television (DRTV) campaign for PreHistin®. Current DRTV campaign launch is scheduled for December 26, 2009. Cobalis Corp is also initiating plans to return to fully reporting status in early 2010.
Visit https://ecf.cacb.uscourts.gov/cgi-bin/login.pl to see the Cobalis lawsuit in its entirety.
PreHistin™, the “world’s first pre-histamine,” has shown in previous studies to modulate the body’s level of protein IgE, reducing the overproduction of histamines, the primary cause of airborne allergy symptoms. Prior studies have shown that the active ingredient in PreHistin™ has essentially no risks or adverse effects to the general population including sedation and drowsiness found in most of the allergy products now available.
SOHM INCORPORATED (OTC: SHMN)
"Up 30.43% in morning trading"
SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in India. Generic pharmaceuticals are exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia.
February 8 -
SOHM India Signs Marketing Agreement Adding 75 Branded Generic Pharmaceutical Products for Distribution Across India
Generic Drug and Pharmaceutical Product Offerings Expand to 135
SOHM, Inc. (OTC: SHMN), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories, announced today that is has signed a marketing agreement adding 75 branded generic pharmaceutical products for distribution across India. The new product offerings take the Company's total to 135.
"Our India based production facility is generating unprecedented growth. The generic pharmaceutical product development and marketing initiatives we have in place have been very well received and orders are coming in across India," stated Shailesh Shah, Vice President for Corporate Strategy at SOHM, Inc. "The domestic pharmaceutical market in India continues to grow and is currently over $10 billion in annual sales. There is a significant opportunity for our Company in India alone but as we expand into our additional emerging target markets the growth channels get very exciting for our team and shareholders."
CASCADIA INVESTMENTS INCORPORATED (OTC: CDIV)
"Up 33.33% in morning trading"
Cascadia Investments, Inc. is a publicly-traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.
January 20 -
Cascadia Investments Signs Exclusive Licensing Agreement
Cascadia Investments, Inc. (OTC: CDIV) announced that it has entered into an exclusive licensing agreement with Impulse Communications, Inc. to manage and develop a Facebook application featuring their brand AdoptMe.com.
AdoptMe.com is a virtual pet site where users adopt and interact with virtual pets. Cascadia plans to overhaul the current Facebook application as well as aggressively market it. The application will be monetized with incentive ads that reward users with game credits. The credits can then be used to purchase food, clothing, in-game items, and much more. In addition, users can also pay for these upgrades. Revenues from the application will be split equally between Cascadia and Impulse.
According to President and C.E.O. Nazir Maherali, this joint venture in conjunction with Cascadia's recent acquisition of CustomFlashGames.com will allow us to create a series of AdoptMe themed games for the AdoptMe app as well as a series of related Flash-based Facebook applications, each launched independently of the other.
Impulse operates over 300 websites and 9,000 domain names that generate income from advertising, ecommerce, and domain name sales.
JAYHAWK ENERGY INCORPORATED (OTCBB: JYHW)
"Up 16.12% in morning trading"
JayHawk Energy, Inc., a development stage company, engages in the exploration, acquisition, development, production, and sale of natural gas, crude oil, and natural gas liquids primarily from conventional reservoirs in North America. It owns interest in the Uniontown project covering 35,000 gross acres of non-producing coal bed methane natural gas reserves located in Bourbon County, Kansas. The company was founded in 2004 as Bella Trading Company, Inc. and changed its name to JayHawk Energy, Inc. in June 2007. JayHawk Energy, Inc. is based in Broomfield, Colorado.
January 26 -
JayHawk Energy Inc. Comments on Recent Share Activity and Upcoming Drilling Program
JayHawk Energy, Inc. (OTCBB: JYHW) (Frankfurt: 35J) (“JayHawk” or the “Company”)) President Marshall Diamond-Goldberg would like to inform investors that the Company believes the December 2009 run-up in its share price was, in part, a function of information disseminated into the market independent of the Company and without its knowledge and that the subsequent decline has been a result of profit taking resulting in downward pressure.
The Company continues to prepare for its upcoming drilling program on its Crosby North Dakota oil project, which should be ready for drilling to commence in the latter part of February. Regulatory submissions and drilling contracts are in the works with a two well program initially being prepared. The results of these two wells will have an impact on the potential growth of the company, as the Company believes that each successful well may have the potential to increase Company net production by 50-100%.
JayHawk also continues to explore acquisition opportunities in order to expand the Company’s asset base and to diversify its portfolio. While the Company has no immediate acquisition plans any such acquisitions would likely be targeted toward oil production and development projects and may include both conventional assets as well as unconventional targets such as the Bakken shale. The Company is being very selective with respect to any acquisition targets in order to reduce risk and maximize the potential associated with activity on the assets.
Mr. Diamond-Goldberg expressed his belief that while it is unfortunate that the Company’s stock price has demonstrated volatility in the market over the past six weeks, that such fluctuations are not reflective of the Company’s ongoing commitment to building shareholder value through increasing production among its current holdings and identifying future potential acquisition targets that complement the Company’s current business operations.
ONE WORLD VENTURES INCORPORATED (OTC: OWVI)
"Up 27.03% in morning trading"
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages. The Company looks for simple inexpensive alternatives to traditional ways of doing business. The strategic goal in every business is in leveraging assets and opportunities globally, focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions and transactions.
February 8 -
One World Ventures, Inc. Schedules Release of Financials
One World Ventures, Inc. (OTC: OWVI) announced it will release financial results for its fiscal year 2009 after Market close on February 11, 2010.
The Company will post gross revenue increase of 32% in the fourth quarter 2009 over third quarter. Same year net quarterly profit for the fourth quarter increased by 21% over third quarter. The company will post a net profit for 2009.
"We had an incredible year of expansion and are thrilled to show a net profit for the year while still in the development stages of our core business segments," CEO of One World Ventures, Inc. Stephen Prior commented. "We expect dramatic increases in revenue during the 1st quarter of 2010 as we will begin to realize income from the acquisition of Inter Solar Tech, open up 1 World Cash locations and as One World Ventures begins firing on all cylinders in all of its business segments."
"Looking ahead, as we reach significant milestones, we expect revenue in the range of $8 million to $10 million in 2010," Prior said. "We are very excited to deliver shareholder value in 2010."