For Monday, February 14th
DEGH, AMLJ, TEMN, ALTO, GLER, TTIN
Our Stocks to Watch today include IceWEB Inc. (OTCBB: IWEB), Attitude Drinks Inc. (OTCBB: ATTD), Double Eagle Holdings Ltd. (OTCBB: DEGH), AML Communications Inc. (OTCBB: AMLJ), TEAM Nation Holdings Corp. (OTCBB: TEMN), Alto Group Holdings Inc. (OTCBB: ALTO), Global Earth Energy Inc. (OTCBB: GLER) and Transfer Technology International Corp. (OTC: TTIN).
ICEWEB INCORPORATED (OTCBB: IWEB)
Detailed Quote: http://www.otcpicks.com/quotes/IWEB.php
Company Profile: http://otcpicks.com/IceWEB-Inc.htm
Incorporated in 1994, IceWEB was highly successful in the federal computing space working with unstructured geospatial data, as well as managing and storing block data as an ASP in the enterprise and federal space. The company was twice named Inc. Magazine’s Inc. 500 Fastest Growing private US corporations and was recognized as Deloitte & Touche Technology Fast 500 North American public or private technology companies. Following on this success, the company developed and expanded on the rich storage management features to bring to market a versatile, all-inclusive storage system aggressively priced for the commercial mid-market space. The IceWEB Storage System is a high-performance unified storage platform for file and block data of all kinds that’s easy to install, and provides built-in, all-inclusive storage management features including de-duplication; unlimited snapshots; thin provisioning; local or remote, real-time or scheduled replication; capacity and utilization reporting, and VMware integration.
January 28 - InfoRelay to Rollout Enterprise Cloud Services Network to Be Deployed on IceWEB Storage Systems
Leading Provider of On-Demand Data Center and Hosting Services Deploys IceWEB Unified Storage to Expand Service Capabilities to its Customers
IceWEB, Inc. (OTCBB: IWEB), a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that InfoRelay is deploying IceWEB Unified Data Storage to power its enterprise cloud infrastructure, providing global, on-demand data center and hosting services for thousands of customers. InfoRelay has begun to unify all of its file-based cloud operations onto a single, high performance, highly scalable, shared pool of storage, streamlining data management and increasing efficiency across three different, geographically disparate data center facilities. With IceWEB Storage, InfoRelay can scale its storage resources with customer demand, reducing capital expenditures while delivering robust, flexible and responsive services to its customers.
"Our cloud services platform was designed to meet customer needs for enterprise-class data center resources, the IceWEB platform was designed from the onset with key features including virtual machine integration and unmatched storage efficiency," stated Russell Weiss, President of InfoRelay.
InfoRelay's data center and hosting services deliver fully automated solutions from facilities across the United States, providing enterprises with complete access, control, security and scalability. InfoRelay's traditional data storage systems were typically not cost-effective when scaling to meet the high I/O and data growth requirements of this rapidly expanding market, preventing InfoRelay from fully capitalizing on market demand. By deploying IceWEB, InfoRelay cloud infrastructure will be able to service a broad spectrum of enterprise applications—including server and desktop virtualization, web services, high transactional workloads and disaster recovery—improving its ability to address customer needs.
"As businesses adopt cloud services to reduce costs and increase efficiency, the providers' most immediate challenge is how best to manage the rapid data growth and high performance requirements of their expanding customer base. With IceWEB's ability to support multiple tiers of data in one platform, cloud providers can deploy cost effective, high density Enterprise SATA drives or high performance SAS and Solid State disk drive to support many types of applications," Stated John Signorello, CEO IceWEB. "IceWEB is working to tightly integrate our platform with all Major Cloud software companies including VMWare, Citrix and Microsoft."
ATTITUDE DRINKS INCORPORATED (OTCBB: ATTD)
Detailed Quote: http://www.otcpicks.com/quotes/ATTD.php
Company Profile: http://otcpicks.com/Attitude-Drinks.htm
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.
February 3 - Attitude Drinks Teams With Dora's Naturals to Bring Phase III® to Retailers in New York
Attitude Drinks (OTCBB: ATTD), an innovative beverage brand development company, announced today that it has signed an agreement with Dora's Naturals, a major natural food distributor in the Northeastern United States, to sell its Phase III® Recovery Drink to retailers in the state of New York. Dora's will sell and merchandise Phase III in the boroughs of New York City and the NY suburbs of Long Island and Westchester. This comprises most of the New York Market, the second largest in the U.S. after Los Angeles.
U.S. sales of healthy foods, which includes functional beverages, topped $143 billion in 2009 and is forecast to reach $217 billion by 2017, according to the Nutrition Business Journal. Marty Jay Zirofsky, Director of Beverages at Dora's Naturals, commented, "This is an exciting opportunity to include an innovative and functional beverage line into our extensive beverage portfolio. We are pleased to add Phase III, which is a protein drink and a lot more."
Roy Warren, CEO of Attitude, stated, "Dora's Naturals is the perfect partner to capitalize on the hottest consumer buying trends. Phase III's pure-milk based formulation and eco-friendly bottle fit in perfectly with the premium, good-for-you food and beverages represented by Dora's Naturals."
Jack Shea, Executive VP of Sales at Attitude, said, "This will be a great partnership. Phase III is a cutting-edge and clinically-proven solution for muscle recovery after a workout, whether you are a serious or recreational athlete. The agreement with Dora's Naturals allows us to ramp up sales and distribution in the New York Metro area quickly."
ABOUT DORA'S NATURALS
Founded in 1998, Dora's Naturals is a privately held natural and organic food and beverage distributor based in South Hackensack, New Jersey. The company's mission is to provide the highest quality, perishable, natural, organic and specialty foods and beverages to retailers in the Northeastern United States.
STOCKS TO WATCH
DOUBLE EAGLE HOLDINGS (OTCBB: DEGH)
"Up 87.50% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DEGH.php
Double Eagle Holdings, Ltd. does not have significant operations. Previously, the company was engaged in investing and revitalizing single family homes in established residential neighborhoods in suburban areas. The company was founded in 1985. It was formerly known as Network Systems International, Inc. and changed its name to Onspan Networking, Inc. in 2001. Further, the company changed its name to Double Eagle Holdings, Ltd. in 2006. Double Eagle Holdings is based in Charlotte, North Carolina.
January 12 - Double Eagle Releases Income Statement
Double Eagle Holdings, Ltd. (OTCBB: DEGH) has released its most recent income statement. Visit http://yhoo.it/hU3kHG to view it.
AML COMMUNICATIONS INCORPORATED (OTCBB: AMLJ)
"Up 47.86% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AMLJ.php
AML is a designer, manufacturer, and marketer of microelectronic assemblies for the defense industry. AML's extensive range of microwave products can be found in leading defense projects.
February 14 - Anaren to Acquire AML Communications, Inc.
Anaren, Inc. (Nasdaq: ANEN) and AML Communications, Inc. (OTCBB: AMLJ) jointly announced the signing of a definitive merger agreement whereby Anaren, through a subsidiary, has agreed to acquire all of AML's outstanding shares of common stock for $2.15 per share in an all-cash transaction, representing an equity value of approximately $29.3 million and an enterprise value of approximately $22.6 million. AML is based in California and is a leading provider of microwave amplifiers and integrated assemblies for defense electronics applications. Upon completion of the acquisition, AML will become a wholly owned subsidiary of Anaren and will be reported within Anaren's Space & Defense Group. C. K. Cooper & Company served as financial advisor to AML Communications, Inc. on this transaction.
The transaction has been unanimously approved by the Board of Directors of each company. The acquisition is subject to various closing conditions, including, among other things, the approval of AML's stockholders. The transaction will be funded by Anaren's current cash and investments and is expected to close during Anaren's fiscal 2011 fourth quarter ending June 30, 2011. Anaren anticipates that the acquisition will be accretive to Anaren within the first year of the transaction's completion.
Lawrence A. Sala, Chairman, President and CEO of Anaren said, "We are very pleased to have reached this agreement with AML and believe the acquisition is consistent with Anaren's growth, profitability, and innovation strategies. AML's leading microwave amplifier technology is an excellent fit for the Space & Defense Group's strategy to expand its technology base in order to capture a broader array of subsystem opportunities at our defense OEM customers."
Jacob Inbar, Chairman, President and CEO of AML said, "We are excited about joining the Anaren team and the many new business and technology opportunities we can jointly pursue as a result. Moreover, the transaction provides our shareholders a significant premium to the recent trading price of their common stock. Being part of a larger organization will offer new and exciting opportunities for our employees; and we are confident AML's current customers will benefit from our combined broader technology portfolio and manufacturing capabilities made possible by the acquisition."
TEAM NATION HOLDINGS CORPORATION (OTCBB: TEMN)
"Up 47.62% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TEMN.php
TEAM Nation Holdings Corporation, a Nevada corporation ("TEAM"), is a management and services company specializing in title insurance and escrow services through our affiliate title agency(ies). TEAM Nations Holdings Corporation also services the provision of management, production services, HR administration, IT support, and accounting administration for title insurance companies and related real estate ventures.
February 11 - TEAM Title, Inc. Takes Next Step in Expanding National Licenses and Applies for Authority in 12 States; Expansion Projected to Bring Over $5 Million Within the Next 36 Months
TEAM Title, Inc., a wholly owned subsidiary of TEAM Nation Holdings Corporation ("TEAM") (OTCBB: TEMN) announces that it has submitted its Applications for Authority to enable it to do business in twelve additional states. This expansion is expected to bring the company upwards of $2 to $5 million in additional revenue after expansion costs. By 2012 the company expects to far exceed $2 million in revenues with an estimated 15-20% profit.
TEAM is currently seeking licensing in Colorado, Mississippi, Montana, New Hampshire, New Jersey, North Carolina, North Dakota, Rhode Island, South Carolina, Vermont, West Virginia and Wisconsin. TEAM Title expects to file applications to conduct title and settlement services with the Insurance Commissioners in each of the listed states as soon as it receives authority from the individual Secretaries of State.
Dennis Duffy, CEO of TEAM, stated, "Applying for authority is yet another step forward in our bid to expand TEAM's licensing in 2011. Our Industry is valued at over 6.89 Billion right now; the states we plan to move to represent about 13% of that figure, meaning, within 36 months our company could expect over $5 Million in net revenues due to this expansion. As licenses are granted for each state, our ability to substantially increase our revenues and assert our dominance beyond California's borders becomes reality."
ALTO GROUP HOLDINGS INCORPORATED (OTCBB: ALTO)
"Up 27.56% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ALTO.php
Alto Group Holdings Inc. engages in the acquisition and exploration of mineral properties in Africa and Latin America. The company primarily focuses on the exploration of gold and silver concessions. It owns interests in the Los Tres Machos concession that covers 1,000 hectares of staked and sampled mineral lands; and Zuna concession, which covers 750 hectares of staked and sampled mineral lands located in the state of Guadalajara, Mexico. The company also holds 70% of the rights to a mining concession in the Ashanti Belt of Ghana, West Africa. Alto Group Holdings Inc. was founded in 2007 and is based in South Jordan, Utah.
February 14 - Alto Group Holdings Announces Acquisition of Mineral Rights in the Horse Shoe Bar Gold Mine
Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company"), an innovative mining and commodities trade company headquartered in New York, announces company completes acquisition of mineral rights in the Horse Shoe Bar gold mine.
Situated on the middle fork of the American river near Forest Hill California, the "Horse Shoe Bar" got its name because of its being naturally shaped like a horse shoe, over a mile and a half around, a few hundred yards wide. The super rich placer came to its final resting place because of its back eddies and deep crisscrossing cracks in the bed rock, as it acts as a natural massive "Gold Trap."
A large tunnel 30' x 60' feet was driven into the open end, river side of the "Horse shoe" bar to try and "de water" it back in the late 1800s; this was a good thought! Then the rains came, logs jammed up the tunnel and the water went back on the bar and wiped the miners out anyway. Being overly zealous many miners drowned sticking to their claims. Some Chinese prospectors came onto the bar around 1885 and mined the head, or beginning, of the Horse Shoe bar on a few acres and extracted $12 million (at $17.00 an ounce) in gold without going all the way to bedrock, where most of the gold accumulates. Because of the water table, the Chinese production efforts had no way of reaching the bottom therefore leaving the majority of the gold behind. Gold Nuggets in this area of the Middle fork are some of the largest that have been historically recorded in California — many gold nuggets are in the 40 to 60 ounce size with some examples reaching the size of a loaf of bread. (Multi hundred ounce) gold nuggets of this gigantic size bring premium prices realizing 5 to 10 times spot bullion value. We will have 3 grades of nuggets being extracted on this project — the fine flour gold to 1/8th inch particles that will be sold for spot price, day in and day out; there will be nuggets with very intricate character to be sold for jewelry which brings spot price plus a premium; there will be the multi ounce heavy nuggets (one ounce and up) which also bring premium many times spot price.
Even though this is a Gold extraction project, it is also being viewed as an "Environmental reclamation project" in that we will be restoring natural native habitat and cleaning up old mine tailings where there was gravel extracted for a dam project up river in the early 1950s.
There are a number of exemptions regarding remedial restoration and clean ups for old mine tailings, mine dumps, mine pits and flood damage that will help expedite permitting.
From historical records, documents and recent testing, we estimate conservatively that there is approximately $25 to 35 million in gold (at $800.00 per ounce) on the Horse Shoe Bar in itself.
GLOBAL EARTH ENERGY INCORPORATED (OTCBB: GLER)
"Up 33.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GLER.php
Global Earth Energy Inc. provides renewable energy solutions. In addition, the Company is pursuing joint venture agreements with green solution providers worldwide.
February 10 - Global Earth Energy Inc. Enters Into Coal Mining Joint Venture Worth Approximately $500 Million Over the Next 5 Years
Company to Bring in New Board of Advisors
Global Earth Energy Inc. (OTCBB: GLER) announced that it has entered into a joint venture partnership with GFC 2005 LLC, a coal mining concern with offices in Orion, Michigan. The deal involves the mining and sale of 1,000,000 tons of coal per year for the next five years at a per tonnage price of approximately $100.00 per ton. The joint venture will be on a 70/30% split between GFC and GLER respectively. The total gross revenues are worth approximately $500 million over the next five years giving GLER a gross revenue stream of approximately $150 million. Furthermore, GFC has a purchase order in place with Wins International Company Ltd., of South Korea for the purchase of 5 million tons of coal as of January 25, 2011. GFC and GLER have entered into this agreement based on the synergies between the two firms that is based on the financial model created by GLER and LifeCycle international involving asset backed securities involving the LB TIM deal.
Alchemy Engineering Associates, Inc. a Mining & Civil Engineering Consultant in Kentucky has estimated the coal mine has over 5 million tons of coal. The project area is located within the Buzzard Branch watershed, near the mining community of Algoma, in McDowell County, West Virginia. This watershed has been extensively deep and surface-mined, with mining having occurred since the beginning of the 20th century. The primary coal seam(s) mined were the Pocahontas 3 & 4 seams, which were historically used as coking coals.
GLER release of information
The coal purchase order in full from Wins International will be posted on the GLER website along with the supporting documentation from Alchemy Engineering associates. Resumes of the GFC management team will also be posted.
In addition, GLER will also repost the executed MOU with LB TIM concerning the purchase of the Preferred Class A shares for the amount of $100 Million dollars.
GLER will also be bring on a new board of advisors to the firm with leading experts in the fields of coal, green energy, money management and life settlements to better assist the company in its future endeavors.
ABOUT GFC 2005 LLC
In 2005, Mr. Van Gamper registered GFC 2005, LLC to complete the private property purchase of the Waste coal sites. Mr. Van Gamper's coal projects include transactions with and/or ownership in the Freeman Energy Corporation and affiliates, General Dynamics Corporation, Mon View Mathies Site, Roxanne Energy, Razor Coal Mine, and other various sites in West Virginia.
Along with his business interest in the coal industry, Mr. Van Gamper currently serves as the CFO of W.A.I.T.T Development and is the managing partner of Van Graham & Associates LLC.
TRANSFER TECHNOLOGY INTERNATIONAL (OTCBB: TTIN)
"Up 20.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TTIN.php
Transfer Technology International Corp. acquires, procures and/or funds research, intellectual property and technologies for commercial transfer to world-class business partners. The company generates revenue from transfer fees, licensing and strategic alliance fees and from the sale of intellectual properties. TTI also owns and operates two wholly owned subsidiaries, Organic Products International and X-Terminate Inc. which specialize in the distribution of Eco-friendly organic products and low impact pest control services.
February 11 - Transfer Technology International Corp. CEO Welcomes Aggressive Short Selling Position in Record Volume Trading Week
TTI Corp. (OTCBB: TTIN) announced that their stock volume through yesterday, Thursday, February 10th is at record levels due to fundamental developments and ascertaining Bulletin Board listing and also announces record setting short position volume.
"I am extremely proud of our most recent fundamental news announcements released over the last couple weeks. Our bed bug releases combined with our announcement on utilizing SEO and SEM technologies to aggressively ramp up online sales over the course of the next few months as well as ascertaining Bulletin Board listing with FINRA has the market place very excited apparently," states Chris Trina, CEO of TTI Corp. Trina further states, "TTI Stock has traded record volume this week of nearly l00 million shares with a total float in our stock of approximately 79 million shares which has created a very large percentage short position recorded daily with FINRA at http://regsho.finra.org/regsho-Index.html. This short position of nearly 30 million shares surprises me quite frankly. I'm confused and unsure about what they are betting on."
Trina further commented, "I welcome this 30% short position with open arms as long as these short sellers and traders comply with SEC. REGSHO then I'm totally fine with it. It's part of our market place and short selling is inevitable. I've learned in my twenty years plus on the brokerage side that short sellers can be your worst enemy but quickly become your best friends. As the CEO I must protect our shareholders' interest as best possible but most importantly continue to execute our business plan to the fullest and make our company grow exponentially. TTI is currently under two NDA agreements dealing in the areas of M&A and financing, new brokerage relationships and even a brand new contact this week for potentially selling avenger bed bug product into a large chain of grocery and convenient stores in the Northeast. All of these new developments which haven't been formally announced yet along with our existing relationships make for an extremely interesting first half of the year."
Trina ended by saying, "In my humble opinion there is huge disconnect from our current stock price and where it should be fairly traded at and I'll continue to work diligently for my shareholders to increase stock valuations and to show strong fundamental reasons for short sellers to cover their positions and stay away from our stock."
ABOUT ORGANIC PRODUCTS INTERNATIONAL
Organic Products International is a marketer, distributor and reseller of organic, environmentally friendly pest control and fertilizer products. Their products include Avenger Organics Bed Bug Killer, Avenger Organics Insect Killer, Avenger Organics Weed Killer and Avenger Organics Fertilizer as well as XT2000 Termite Killer.