THWI, CPOW, EMLL, PSPW, MMTE, GLFW
Our Stocks to Watch today include Thwapr Inc. (OTCBB: THWI), Clean Power Concepts Inc. (OTCBB: CPOW), El Maniel International Inc. (OTC: EMLL), Prime Sun Power Inc. (OTCBB: PSPW), Mammoth Energy Group Inc. (OTC: MMTE) and Gulf West Investment Properties Inc. (OTC: GLFW).
STOCKS TO WATCH
THWAPR INCORPORATED (OTCBB: THWI)
"Up 203.18% in morning trading"
Detailed Quote: www.otcpicks.com/quotes/THWI.php
Founded in 2007, Thwapr strives to make mobile video sharing easy to use for both users and brands. Thwapr empowers users to get their moments moving and enables brands to mobilize and monetize content, extending distribution reach while delivering the highest possible quality and user experience regardless of device, network or carrier. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr's patent-pending technology is revolutionizing mobile video. Thwapr is making mobile video sharing easy, fast and fun for the hundreds of millions of consumers with Web-enabled mobile devices.
March 11 - Thwapr Adds Mobile Video to QR Code Marketing Initiatives
Mobile Video Service Delivers High Quality Video Compatible With Any Type of Tag Reader
Thwapr, Inc. (OTCBB: THWI), a leading social mobile video and photo sharing service, announced that its service can be used with quick response barcodes (QR codes) to enhance any marketing campaign by adding the rich experience video provides.
"As part of our mission to mobilize any marketing channel, we have added support for QR codes as a way for marketers to reach customers and fans with branded video content on their phones," said Bruce Goldstein, CEO of Thwapr. "We have an agnostic philosophy: Thwapr can work with any brand, carrier, tag reader, marketing channel, Web or mobile platform to deliver video to phones. Our solution is light, easy to implement and extremely cost effective."
The use of QR codes is booming. According to a recent survey cited in Mobile Commerce Daily, the scanning of QR barcodes increased 1200% in the last six months of 2010. Media companies, retailers, Twitter, Facebook and even automotive companies are utilizing the power of QR code marketing. Most popular for mobile payments, video, and couponing, QR codes are fast rising as an important mobile marketing tool.
Thwapr is the only video solution that can deliver high quality video to more than 300 different types of phones including 50 different BlackBerry models, 40 types of Samsung phones, iPhones and more. Additionally, Thwapr can work with any of the most popular QR code tag readers and code generators such as AT&T's Code Scanner, Microsoft's Tag Reader, Nokia's Symbian barcode reader and Android's ZXing barcode scanner, among more than 50 others tag reader apps.
"We can integrate video with any QR code partner, while respecting the quality and aesthetics of a brand through the delivery of video across mobile devices," Leigh Newsome, SVP of product for Thwapr.
CLEAN POWER CONCEPTS INCORPORATED (OTC: CPOW)
"Up 28.30% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CPOW.php
Clean Power Concepts is a producer of Filtered Canola Oil, Canola Feed Meal, Eco-Lubricants, Bio-Chemicals, Additives and renewable fuels. The Company manufactures and markets products under CLEAN POWER® and MOPO® brands.
March 11 - Clean Power Concepts signs lease for Montana Canola Crush Plant
Clean Power Concepts Inc. (OTCBB: CPOW) (‘Clean Power’) announced that it has signed a lease agreement for the property and equipment of a oilseed crush plant with Great Plains Oil Exploration (“Great Plains”). The oilseed processing plant is located in Culbertson, Montana.
Mr. Mike Shenher, C.E.O. of Clean Power Concepts, commented on the new agreement:
“Clean Power management is pleased to come to agreement with Great Plains for its Culbertson facility and we look forward to the enhanced production capacity for the crushing of oilseeds as we work continuously to meet demand for our growing list of customers.”
EL MANIEL INTERNATIONAL INCORPORATED (OTC: EMLL)
"Up 28.57% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EMLL.php
El Maniel International, Inc. intends to manufacture and distribute cigars under the PLC brand name in the United States. The company was founded in 2007 and is based in Raleigh, North Carolina. As of March 10, 2010, El Maniel International, Inc. operates as a subsidiary of Co-Max International Ltd.
March 14 - El Maniel International Inc Announces Three Quarter Revenue Projections for Kumasko Project in Ghana, Western Africa
Further to the press release dated March 3, 2011, El Maniel International Inc. (OTC: EMLL) announced that production forecast for Plot C - The Kumasko Project in April 2011 is expected to be in the region of 300 Oz generating a forecasted gross revenue in the region of $420,000 with expected net returns in the region of 30% of this amount according to preliminary estimates. "While we are thrilled at the potential of Kumasko Project with projected revenues from expected gold reserves in the region of $25 million based on current gold price, we also expect costs to decline significantly with planned implementation of operational improvements to optimize production efficiencies" states Jamie Khoo, CEO of El Maniel International Inc
El Maniel's gold mining operations and gold production on the 25 acres Kumasko Project situated in the Central Region of Ghana, Western Africa is scheduled to initialize in April 2011 and forecasted monthly revenue production in Q2 of 2011 is expected to follow through at the same rate. "We are optimistic of our projections and we are expecting a ramp-up in production of at least double the preliminary estimates for Q3 and Q4 of 2011" according to Jamie Khoo "The strong revenue stream from Kumasko Project will position El Maniel to pursue its ongoing business model of expanding its diversified ventures to generate additional revenue stream with an ultimate goal of enhancing shareholder's value".
PRIME SUN POWER / 3POWER ENERGY INC. (OTCBB: PSPW)
"Up 13.59% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/PSPW.php
3POWER is emerging as a world-wide independent major player in producing sustainable renewable energy. 3POWER intends to harness cutting-edge solar, wind, and hydro technologies to develop clean, sustainable power generation as trusted energy provider to utility companies and corporate entities around the world. 3POWER expects to establish its headquarters in London, with satellite offices and operations in North America, Latin America, Europe, and Asia.
March 11 - 3Power Energy Enters Into $50 Million Financing Agreement
Prime Sun Power Inc. (OTCBB: PSPW) (the "Company"), recently rebranded as 3Power Energy Group, is pleased to announce that it has signed a financing and security agreement with CR&P Holding S.p.A., an Italian investment group, for a $50 million secured loan.
The Company intends to use the facility to finance photovoltaic, wind and hydro power plant development projects and prospective acquisitions in Italy, France Turkey, Albania and Chile. "This is a major milestone achievement for 3Power Energy and sets the Company well on the path to achieving our goal of becoming a global leader in renewable energy production" said Toby Durrant, 3Power's Chief Investment Officer. "With this initial round of financing completed, in addition to the prospective closing of the merger with Seawind, the Company will have a sound foundation for growth and the resources to pursue our key objectives" he commented.
The proceeds of this loan will principally be utilized to finance the equity portion of the first projects from the Company's existing pipeline as well as to cover some of the Company's operational expenses and predevelopment costs.
The loan is being made available to the Company at a fixed rate of 5% per annum for a period of 10 years. In addition, the lender will also receive 20% of the annual net profits derived from each project for the duration of the loan. The loan will be secured by the assets of each special purpose subsidiary holding company. Each draw of the loan amount by the Company will be subject to customary due diligence by the lender.
The agreement comes as part of CR&P and its Abu Dhabi based investment partners, to grow the group business globally within the renewable energy sector.
3Power management is coordinating with CR&P in regard to selected projects details and use of loan proceeds information in order to finalize the loan proceeds disbursement plans. "We look forward to updating our shareholders and the markets as we commence each project and capitalize on the opportunity for 3Power Energy to become a world leader in sustainable power generation," said Toby Durrant.
ABOUT CR&P HOLDING S.P.A.
CR&P Holding S.p.A. is a diversified investment company based in Rome, Italy, with portfolio holdings in real estate and renewable energy with recent asset valuations in excess of 323 million Euros.
MAMMOTH ENERGY GROUP (OTC: MMTE)
"Up 8.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MMTE.php
Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
March 11 - Mammoth Energy Group to Engage Investment Into Chilean Lithium Project
Mammoth Energy Group Inc. (OTC: MMTE), a lithium and alternative energy mining company, announced that it is actively seeking investment and public relations companies for the financing for its lithium concessions in Chile.
The company is in final stages of negotiations and intends to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market.
Mammoth Energy Group has signed a Letter of Intent with Salt Gold Inter Chile Limitada, whose concessions are located in the Salar de Maricunga. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres.
GULF WEST INVESTMENT PROPERTIES INC. (OTC: GLFW)
"Up 31.60% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GLFW.php
Gulf West Investment Properties, Inc. is a development & investment company. GLFW develops new projects with traditional design, or old projects redesigned with new ideals. GLFW provides investment portfolios & opportunities in property building and management. Gulf West Investment Properties Inc. plans to continue developing and expanding its business plan over the next twelve months. GLFW plans to take advantage of reduced construction and labor costs and lower prices due to increased inventory.
March 11 - Gulf West Investment Properties Completes Negotiations to Reduce Outstanding Mortgages on Properties
Gulf West Investment Properties, Inc. (OTC: GLFW) has completed negotiations with its lenders to reduce the outstanding mortgage balances on the properties it owns in South Tampa.
"The lenders have jointly agreed to reduce our outstanding balances on the mortgages from $4,000,000 to $1,000,000," said Gary Gauthier, President/CEO, Gulf West Investment Properties, Inc. "The repayment timeframes are currently being finalized."