BMGP, UITK, MPPC, USVO, IDGI
PSTI, WTAR, SKNY, CYDE, DLOV, HYPF, EFFC
Our Stocks to Watch today include Biomagnetics Diagnostics Corporation (OTC: BMGP), Ultitek Ltd. (OTCBB: UITK), myPhotopipe.com Inc. (OTC: MPPC), USA Video Interactive Corporation (OTCBB: USVO), INCA Designs Inc. (OTC: IDGI), Pluristem Therapeutics Inc. (NASD: PSTI), Wataire International Inc. (OTC: WTAR), Skinny Nutritional Corp. (OTCBB: SKNY), CyberDefender Corporation (OTCBB: CYDE), Daleco Resources Corporation (OTCBB: DLOV), HyPower Fuel Inc. (OTC: HYPF) and Effective Control Transport Inc. (OTC: EFFC).
BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)
Biomagnetics Diagnostics Corporation, through its wholly owned subsidiary Biospectrum Technologies, Inc., a company that has designed and patented revolutionary diagnostic equipment and immunoassays, will identify market inadequacies and fill those needs with new technologies and highly specific and sensitive assays that are qualitative (yes/no) and quantitative (viral load/degree of infection), easily performed and cost effective. For more information, visit www.biomagneticsbmgp.com.
April 25 - Biomagnetics Diagnostics Corporation to be Featured on MoneyTV
Biomagnetics Diagnostics Corporation (OTC: BMGP) CEO Clayton Hardman discussed the pending clinical trials of the company’s technologies on MoneyTV.
MoneyTV is a nationally syndicated television program all about money and what makes it happen (www.moneytv.net), featuring informative interviews by hosts Donald Baillargeon and Skip Lindeman with company CEOs, providing insights into their operations and outlooks for their futures.
Viewers of MoneyTV can receive free information in the mail about featured companies by calling the toll-free phone number on their TV screen. The weekly television program debuted in 1996 and is broadcast nationally in the USA to 70 million U.S. homes on Saturdays at 11:00 AM ET, Sundays at 8:30 AM PT, 8:30 AM ET, 9:30 AM ET, 3:30 PM ET and Mondays at 6:30 PM ET.
MoneyTV is broadcast to 45 million TV homes in Western Europe, Wednesdays at 5:00 PM, on UPN-TV in the Virgin Islands and Puerto Rico Sundays at 8:00 AM and is also available in Thailand on the Broad TV Network.
A complete menu of TV listings is available at the MoneyTV web site, www.moneytv.net.
ULTITEK LIMITED (OTCBB: UITK)
Ultitek, Ltd., through its wholly owned subsidiary TAIS, has been a provider of Computerized Airline Reservations Systems software (CRS) since 1989. Today Ultitek Ltd. is the leader among reservations systems in the Russian Aviation market. In 2003, nine million passengers of 60 airlines were serviced by it, which consisted of more than 50% of the transport of passengers performed on domestic scheduled flights of carriers in Russia and the countries of the C.I.S.
April 24 -
Ultitek's Departure Control System (DCS) Software Certified for SITA CUTE
Ultitek Ltd. (OTCBB: UITK) announced that its Departure Control System (DCS) has been certified to integrate with SITA CUTE. DCS is a module of Regina airline system developed by TAIS, Ultitek's wholly owned subsidiary. SITA is a service provider of IT business solutions and communication services to the air transport industry. SITA's CUTE (Common Use Terminal Equipment) offers Java-based, end-to-end IP connectivity from host to the airport desktop that provides airlines with access to their own systems on an industry open platform. The integration is to begin this summer for one or two airports that are serviced by TAIS and the schedule of integration for all airports serviced by TAIS should be completed by the end of the year.
"We always try to make things more efficient for our customers. This is the latest example. This development should increase traffic flow for our customers as well as have a positive impact on our revenues," said Roman Price, CEO.
MYPHOTOPIPE.COM INCORPORATED (OTC: MPPC)
MyPhotopipe.com Inc. is a US-based provider of online digital photo processing and related services catering to high-end amateur and professional photographers. The Company’s primary web portal is www.myphotopipe.com. Its services include photo finishing and printing, online sharing, photo books, digital photo templates, and online hosting and selling of photographs. The Company provides services to more than 18,500 professional and high-end amateur photographers nationwide; more than 190,000 copies of its software have been downloaded and are in use.
April 23 - myPhotopipe.com Expands Presence on Internet
Launches Ad-Supported Instructional Web Site, Tutorials on YouTube
myPhotopipe.com, Inc. (OTC: MPPC), a web-based online provider of digital photo processing and related services, announced the launch of www.realphotoprint.com, an advertising-supported web site that provides free information and resources to digital photographers.
As the name suggests, www.realphotoprint.com focuses on the conversion of digital images into photographic prints. Topics will include Internet broadband, digital file conversions, color management, pixels versus DPI, retouching, resizing, and anything of interest to the community of photographers that should become regular users of the site. Blogs and community forums will be added in the near future. The new web site presently receives Google AdWord placements, and myPhotopipe.com, Inc. will share in revenues on a 'pay-per-click' basis. "Obviously, our challenge is to evolve the site to attract users, but this is an area of great interest to us and our customers, and we believe it has the potential to become a viable business in and of itself," observed Pete Casabonne, President of myPhotopipe.com, Inc.
myPhotopipe.com has also launched the first in a series of video tutorials on YouTube. The YouTube video tutorials explain how to use the Company's Remote Order Entry System software (ROES). Links to these videos are available on the Company's web site at www.myphotopipe.com/links.php.
myPhotopipe.com has also partnered with ePhotopros.com to provide reciprocal web links between the companies. ePhotopros provides a wealth of instructional tutorials for photographers. The tutorials are produced by contributors, including manufacturers of software used by professional photographers.
"We recognized an opportunity to move our message beyond our own web site and on to other sites that our customers are visiting," continued Casabonne. "If our customers are on YouTube, we need to be on YouTube — or, on our own free-standing web site or with ePhotopros, an aggregator of content for serious amateur and professional photographers. The point is that, in today's world customers define how they spend their time on the Internet, and myPhotopipe.com needs to be visible through multiple venues."
USA VIDEO INTERACTIVE CORPORATION (OTCBB: USVO)
USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort™, MediaSentinel™ and SmartMark™ digital watermarking products and technology to provide a robust means for producers and distributors to invisibly protect their content. USA Video Technology Corp., a wholly owned subsidiary of USVO, holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. Visit www.usvo.com or the company showcase on Investoideas.com at www.investorideas.com/CO/USVO/Default.asp.
April 23 -
Adoption of Digital Watermarking Increasing, Content Identification and Video Storage Optimization Challenge Industry
USA Video Interactive Corporation (OTCBB: USVO) (CDNX: US.V) (Berlin: USF.BE) (Frankfurt: USF.F) recently announced deployment by Twentieth Century Fox Home Entertainment, (a subsidiary of Twentieth Century Fox Film Corporation, a News Corp company) (Market, News) of USVO's new copy protection software, MediaEscort(TM). MediaEscort(TM) protects Studio's filmed entertainment content that is streamed via the Internet to its various trade business partners in advance of DVD availability. The company is positioning with Fox to become one of the technology leaders in forensic watermarking.
INCA DESIGNS INCORPORATED (OTC: IDGI)
Inca Designs Inc. designs, sources and sells high fashion designer swimwear, resort wear and accessories for the wholesale and retail markets under the brand names Inca, Incagirl, Incabag and Inca Junior. This New York-based swimwear and resort wear designer markets its apparel through nearly 100 upscale department and specialty stores, including Barneys New York, Bergdorf Goodman, Saks Fifth Avenue and Neiman Marcus. Inca branded apparel is sold in South America, Europe, Asia, the Middle East and the Caribbean.
April 23 - INCA Designs, Inc. Reports 591% Year over Year Increase in Orders from Retailer Intermix
INCA Designs, Inc. (OTC: IDGI), a boutique design house distributing sophisticated collections of swimwear, resort wear and accessories, announced today a significant increase over last year’s purchase orders from retailer Intermix. The company reported that purchase order amounts for the current 2008 season increased by 591% from those for the same period in 2007. INCA attributes this sharp increase in orders to the Company’s exciting 2008 line of swimwear, resortwear and related accessories and the wealth of press coverage INCA brands have received as of late.
INCA has recently been featured in high profile fashion magazines including INSTYLE, Gotham, Life & Style, Bridal Guide, and Women’s Wear. A-list celebrities have also regularly donned the INCA brand creating a tremendous buzz in the fashion retail community.
“2008 certainly looks to be a key year for us as we continue to grow and build the INCA brand,” said Stephanie Hirsch, designer and President of INCA Designs, Inc. “Our swimwear and resort wear collections are being received very enthusiastically and we are certainly building sales momentum as we garner more press coverage. We expect retail orders to continue trending upward as our market niche matures. In addition, we are also focusing on increasing our gross margins and operating margins as we focus on 2008 and beyond.”
PLURISTEM THERAPEUTICS (NASD: PSTI)
"Up 5.76% in morning trading"
Pluristem Therapeutics, Inc. engages in the research and development of the mesenchymal and stem cell production technology, and the commercialization of cell therapy products. The company is developing a platform designed to create a functional stem cell production system that can treat severe blood, cardiovascular, autoimmune, and other disorders. It develops PluriX Bioreactor System, which is designed to be a system of stromal cell cultures and substrates that creates an artificial physiological environment where mesenchymal stem cells can grow and reproduce outside of the human body without any use of exogenous biologics or pharmacologicals. The company's principal product, PLX-I is intended to resolve the shortfall of matched tissue for bone marrow transplantation by improving the engraftment of hematopoietic stem cells contained umbilical cord blood. Pluristem's products are derived from mesenchymal stem cells obtained from the placenta and expanded in its proprietary PluriX 3D bioreactor that imitates the natural microstructure of bone marrow and does not require supplemental growth factors, cytokines, or other exogenous materials. The company was founded in 2001 as A.I. Software, Inc. and changed its name to Pluristem Life Systems, Inc. in 2003. Further, it changed its name to Pluristem Therapeutics, Inc. in November 2007. Pluristem Therapeutics is based in Haifa, Israel.
April 23 - Pluristem to Present to President Bush and Others at the First Annual Israeli Presidential Conference
Pluristem Therapeutics Inc. (NASD: PSTI) (DAX: PJT), a bio-therapeutics company dedicated to the commercialization of non-personalized (allogeneic) cell therapy products for a variety of degenerative, ischemic and autoimmune indications, announced that it has been chosen to present at the First Annual Israeli Presidential Conference termed “Facing Tomorrow", to be held on May 13-15, 2008 in Jerusalem.
The conference will focus on Jewish and Israeli contributions to humanity and will showcase 60 (for the 60th anniversary of the State of Israel), meticulously selected out of hundreds, inventions and innovations developed by Israeli scientists, researchers and inventors, that have the potential to revolutionize the future for Israel and the world community alike.
World leaders, artists, scientists and entrepreneurs will take part in the event. Confirmed conference participants include President George W. Bush, Former British Prime Minister Tony Blair; Former President of the USSR Mikhail Gorbachev; Former US Secretary of State Dr. Henry Kissinger; New York Times columnist Thomas L. Friedman; Chairman and CEO of News Corporation Rupert Murdoch; and Harvard Law Professor Alan Dershowitz.
Zami Aberman, Pluristem’s President & CEO, stated: “Pluristem is pleased to be invited to this high level international conference to present its business and products in development to world-renowned business leaders, technology thought leaders and entrepreneurs.”
WATAIRE INTERNATIONAL INCORPORATED (OTC: WTAR)
"Up 25.00% in morning trading"
Wataire International, Inc., a development stage company, engages in the market and distribution of commercial and home/office water generation machines in the United States. The company also distributes under-the-counter/over-the-counter units. In addition, it owns intellectual property relating to a water treatment process and devices for water-from-air machines. The company was formerly known Cimbix Corporation and changed its name to Wataire International, Inc. in 2006. Wataire International is based in Woodland Hills, California.
April 24 -
Wataire International Welcomes Juno Award Winner Derek Miller as a Company Spokesperson
Wataire International Inc. (OTC: WTAR) (the “Company” or “Wataire”) announced that Canadian Award Winning songwriter/performer Derek Miller has become a spokesperson for the Company to introduce our technology to Tribal and First Nations people of North America. Wataire’s CEO Robert Rosner stated “The Company is moving forward quickly to create public awareness not only for the need of a safe water supply but also the implementation of our technology to provide a sustainable source of drinking water. Derek has a loyal following of fans and associates and thus will be a vital link in delivering our message to the Tribal Nations of North America.”
About Derek Miller:
WINNER 1999/2007 CANADIAN ABORIGINAL MUSIC AWARD
WINNER 2003 JUNO AWARD
WINNER 2003 FIRST AMERICAN IN THE ARTS AWARD
WINNER 2003 NATIVE AMERICAN MUSIC AWARD
2003 NCI FM ALBUM OF THE YEAR
2003 IMAGINE NATIVE FILM FESTIVAL BEST MUSIC VIDEO
WINNER 2004 INDIAN SUMMER MUSIC AWARD
NOMINATED 2006 GEMINI AWARD
WINNER 2007 ABORIGINAL PEOPLES CHOICE AWARD
WINNER 2008 JUNO AWARD WINNER
SKINNY NUTRITIONAL CORPORATION (OTCBB: SKNY)
"Up 12.20% in morning trading"
Skinny Nutritional Corp. develops, markets, and distributes consumer beverage products. It offers a line of bottled waters and dietary supplements under the "Skinny" brand. The company manufactures, markets, and distributes Skinny Water, a dietary supplement beverage designed to assist consumers in their weight loss efforts under a worldwide license agreement with Peace Mountain Natural Beverages Corporation. Its other Skinny beverages include Skinny Water, Skinny Java, Skinny Tea, Skinny Juice, and Skinny Shakes. Skinny Nutritional Corp. has an agreement with InterHealth Nutraceuticals Incorporated to sell, market, distribute, and package Super CitriMax, the active ingredient in Skinny Water. The company was founded in 1984. It was formerly known as Parvin Energy, Inc. and changed its name to Sahara Gold Corporation. Further, it changed its name to Inland Pacific resources, Inc. in 1994; to Creative Enterprises International, Inc. in 2001; and to Skinny Nutritional Corp. in 2006. The company is based in Bala Cynwyd, Pennsylvania.
April 24 -
Skinny Nutritional Corp. Launches All New Next-Generation Zero-Calorie, Skinny Water®
Skinny Water is the first enhanced water that combines proprietary weight control formulations with vitamins, antioxidants, and energy functionality
Millions of consumers are looking for more health benefits in their beverages, minus the calories and sugar that pack on the pounds. Skinny Nutritional Corp. (OTCBB: SKNY) recently introduced a healthy solution with its new line of multi-functional Skinny Waters that deliver a variety of health benefits consumers are looking for in their beverages: weight control, multi-vitamins, antioxidants, and energy boosters — all formulated with zero calories, zero sugar, zero sodium, and zero preservatives.
The new line of Skinny Water® will land on store shelves in May, and will include four great-tasting flavors:
* Raspberry Pomegranate (Crave Control) helps control cravings, aids in weight loss, and includes polyphenol-rich pomegranates, one of the most powerful antioxidants.
* Passionfruit Lemonade (Total-V) is a comprehensive multi-vitamin formula that includes the recommended Daily Value of 100 percent Vitamin B6 and B12, 100 percent Vitamin C, 25 percent Vitamin E and Vitamin A, and 50 percent Folic acid.
* Goji Fruit Punch (Shape) includes the key ingredient Goji berry, a fruit known for its nutrient richness and antioxidant qualities that has been used in Eastern medicine for over 6,000 years to promote longevity and stamina. Goji Fruit Punch includes D-Ribose for sustained energy, and Leucine and Valine to inhibit muscle breakdown and promote endurance.
* Peach Mango Mandarin (XXX-Detox) includes three antioxidants: Hesperidine, a citrus bio-flavonoid that strengthens immunity; Lutein, which assists with UV skin protection; and EGCG, a green tea catechin.
“Consumers are looking for added health benefits in their bottled water, including clinically tested weight control ingredients, multi-vitamins, energy boosters, and powerful antioxidants,” says Don McDonald, President and CEO of Skinny Nutritional Corp. “But they don’t want the calories that other enhanced drinks give them. Skinny Water is the next-generation multi-functional water that gives consumers a great tasting beverage without the sugar and calories. Plus it curbs your appetite and keeps your metabolism moving.
CYBERDEFENDER CORPORATION (OTCBB: CYDE)
"Up 18.56% in morning trading"
CyberDefender Corporation develops and licenses security content management software and related services in the United States. It develops a Collaborative Internet Security Network, which is based on technology principles commonly found in a peer-to-peer network infrastructure. The company sells CyberDefender Anti-Spyware 2006 to scan a computer for spyware and then pay for removal of the spyware found, which is broadcast in emails, banners, and search ads. It intends to offer solutions for the combat and prevention of online information theft, unwanted advertisements, spam, Internet viruses, spyware, and related computer threats. The company sells its software through the Internet. CyberDefender was founded in 2003 under the name Network Dynamics Corp. and changed its name to CyberDefender Corporation in 2005. The company is based in Los Angeles, California.
April 24 -
Security Suite Provides Malware and ID Theft Protection -- First of Its Kind Security Subscription Provided by MyPublicInfo and CyberDefender
First of its Kind Malware and ID Theft Protection Complete with Monitoring to Protect Computer and Finances
MyPublicInfo (www.mypublicinfo.com), a leading provider of identity scoring and monitoring solutions for consumers, announced that they will combine their flagship product IdentitySweep with Security software developer CyberDefender Corporation (OTCBB: CYDE) (www.cyberdefender.com) free of charge for new and existing users of MyPublicInfo’s IdentitySweep beginning April 24. The IdentitySweep service screens the Internet looking for personal and financial information, while CyberDefender’s security software protects computer users against spyware, viruses, scams and phishing attacks commonly used for identity theft. The combination of the two services will give users a personal all-round security suite and top-level protection throughout their electronic life. IdentitySweep’s Premier Plan monitors one’s name, SSN, credit and debit cards, addresses, phone numbers, and email addresses, and includes a $25,000 zero deductible Identity Theft Insurance, retails for $9.95 per month. IdentitySweep’s 360 Protection Plan retails for $19.95 per month and offers everything in the Premier Plan in addition to instant credit freeze, daily credit monitoring, and daily credit reports.
“This is a wonderful opportunity,” says Pat Dane, Chief Revenue Officer of MyPublicInfo. “New customers of IdentitySweep can feel more secure knowing that CyberDefender is scouring their computer, looking for malicious programs and files. This partnership really helps users establish total privacy.”
With this deal CyberDefender will also offer its users a complete ID theft protection suite from MyPublicInfo. CyberDefender Corporation anticipates this new offering will increase sales 25% from average revenue per customer. In addition, CyberDefender anticipates adding 5K to 10K new ID theft protection customers per month at a yearly rate of $120.
“Combined, over a million people using the IdentitySweep and the CyberDefender package will have total peace of mind,” says Gary Guseinov, CyberDefender’s Chief Executive Officer. “CyberDefender is already helping a great number of people. By adding IdentitySweep’s tracking program, people will feel totally secure. We are excited because it means that we are continuing to execute our strategy of partnering with premier companies. This should translate into more customers, more top line and ultimately more shareholder value.”
IdentitySweep is the only service that provides comprehensive, proactive identity theft protection. It analyzes suspicious activity found throughout newsgroups, search engines, blogs and hundreds of thousands of chat rooms and websites to provide a 'risk score' that indicates how much and for how long a consumer's identity has been compromised - instantly notifying consumers before they are victimized. This technology works much faster than credit bureau monitoring services, which alert a consumer only after they become a victim. It also scans the online directories that list consumer information and removes it to prevent abuse by telemarketers and identity thieves. CyberDefender is designed to protect users against the threat of danger they might experience during any activity they do on their computers. CyberDefender is constantly surveying for suspicious behavior from potential security loopholes, spyware, viruses, and phishing attempts. The results are then instantly reported to CyberDefender’s Early Detection Center, taking advantage of the company’s patent-pending earlyNETWORK™, the world’s first client-to-client distributed system for security updates. After the analysis, a solution is assessed and broadcasted to all CyberDefender users, which achieves significantly earlier detection and immunization on PCs. CyberDefender works in conjunction with other security software.
The IdentitySweep — CyberDefender product will be available April 24. To sign up or for more information, visit www.identitysweep.com.
MyPublicInfo (www.MyPublicInfo.com) was founded in Arlington, Virginia in 2004 and is the leading provider of consumer identity and public records management services. MPI sells the most comprehensive consumer products available through www.IdentitySweep.com, www.MyPublicInfo.com, partner web sites, and other marketing channels. MPI also provides a free identity theft risk assessment service called National Fraud Score at www.NationalFraudScore.com.
DALECO RESOURCES CORPORATION (OTCBB: DLOV)
in morning trading"
Daleco Resources Corporation, through its subsidiaries, engages in the exploration, development, and production of oil and gas; exploration and development of naturally occurring minerals; and the marketing and sale of such minerals and of patented products utilizing the company's minerals. The company owns and operates oil and gas properties in Texas, West Virginia, and the Commonwealth of Pennsylvania; and owns overriding royalty interests in the Deerlick Coalbed Methane Field, Tuscaloosa, Alabama. As of September 30, 2007, it had interests in 38 wells, and had proved developed reserves of 19,977 barrels of crude oil and condensate; and 480 million cubic feet of gas in reserves. Daleco Resources also owns fee, leasehold interests, and federal mining claims containing non-metallic minerals in the States of Texas, New Mexico, and Utah, as well as owns CA Series patented process, utilizing various minerals owned or under lease to Clean Age Minerals, Inc., for the cleansing, decontamination, and remediation of air, water, and soils. The company was founded in 1996 and is based in West Chester, Pennsylvania.
April 24 -
Daleco Resources Corporation Reports Sierra Kaolin Project Mining Permit Application
Gary J. Novinskie, President of Daleco Resources Corporation (OTCBB: DLOV), announced that Tecumseh Professional Associates, Inc. (Tecumseh), joint venture partner and project manager in conjunction with Daleco’s wholly owned subsidiary, Clean Age Minerals, Inc., submitted a Plan of Operation (POO) to the United States Forest Service (USFS) for the Company’s Sierra Kaolin Project. The POO is essentially a mining permit application for the proposed Sierra Kaolin Open Pit Clay Mine that will be located on the Southerner Federal Mining Claim, in the Gila National Forest, Sierra County, New Mexico.
The POO details the proposed scope-of-work to achieve the following: development of access roads to the mine pit; development of the mine pit and mine waste dump; measures to retain the scenic value of the surrounding area; measures to protect the environment; progressive reclamation of the mine site and; close-out reclamation of the mine site following completion of the mining operation. The submittal of the POO to the USFS was conducted as a necessary step for the commercialization of its Sierra Kaolin clay deposit.
Steve Roche, President of Tecumseh, noted that the Sierra Kaolin Project partners are optimistic that the USFS will approve the submitted POO, with certain provisions, for the following reasons: The Sierra Kaolin project area is a previously disturbed mine site; the project area consists of 25 federal mining claims where five mining claims have been extensively drilled, cored, sampled, and mined over the past 50 years; the proposed mining activity is designed to impact a mine “footprint” that will be 10-acres or less in size. By controlling the surface area undergoing mining activities at any one time, the environmental impact of the extraction operations can be controlled.
Mr. Novinskie stated that, in addition to the filing of the extraction permit application, the Clean Age-Tecumseh joint venture has initiated technical presentations to entities active in the coatings, fillers and pigments sectors of the paper and paint industries. The results of these presentations are expected over the next several months.
Daleco Resources is a resource company with operating subsidiaries active in oil and gas, minerals, and environmental remediation technology.
HYPOWER FUEL INCORPORATED NEW (OTC: HYPF)
"Up 27.91% in morning trading"
HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative, clean alternative energies through unique methods. Currently HyPower has hydrogen insertion and production technologies and biodiesel production technologies in development and/or in the product commercialization stage. For more information, visit www.hypowerfuel.com.
April 24 -
HyPower Fuel Board of Directors Approves Filing for OTCBB Exchange
HyPower Fuel Inc. (OTC: HYPF) announced that at a recent meeting of the Board of Directors and Management that they have concluded that it is in the best interests of the Company and its shareholders for HyPower to uplist to a higher exchange, most likely to the OTCBB and eventually to a more liquid exchange such as the Amex.
A spokesman reported that “HyPower has begun the process of coordinating all of the factors which go into uplisting to a higher exchange. These include hiring a Chief Financial Officer and selecting a PCAOB registered audit firm.”
Mr. Douglas Bender, President of HyPower, commented that “HyPower is determined to be a financial success for all of its stakeholders. The increased transparency from uplisting will also result in superior information for stakeholders, increased access to both equity and debt for future projects and additional market awareness from investors. With a variety of projects coming on-line in the near future this is a good decision for HyPower to make now.”
ABOUT THE HYPOWER BIOFUEL PROCESS
The HyPower Biofuel process is a cutting edge biodiesel technology that has a number of competitive advantages over conventional biodiesel production methods. The HyPower process uses essentially no catalysts or water to produce biodiesel. All inputs are recovered or converted to saleable products. The capital and environmental footprints of the process should be significantly less than conventional means of biodiesel production.
EFFECTIVE CONTROL TRANSPORT INCORPORATED (OTC: EFFC)
"Up 12.50% in morning trading"
Effective Control Transport is a software company that has pioneered the development of safety and security products for the transportation industry to help prevent accidents caused by inattentive and/or drowsy operators. For additional information, visit www.econtroltransport.com.
April 25 -
Effective Control Transport Announces the End of the Biocognisafe Injunction
Effective Control Transport Inc. (OTC: EFFC) (www.econtroltransport.com), a software company which specializes in technology that monitors a driver's vigilance, announced that the company has been notified by the Plaintiff in regards to the injunction that they will not appear in court to present their case for the filed injunction. As such, the injunction has ended as of 5pm April 24, 2008.
Raphael Huppe, CEO of ECT, stated, "We have expressed from the start that the injunction was initiated without merit or cause, and feel that this has been strongly substantiated by Biocognisafe's decision to not appear in court. This injunction has put unnecessary strain on our company and shareholders for the past 6 months, and Biocognisafe's countless delays including this last minute decision to not present their case in court clearly illustrates how unwarranted their accusations are and shows how Biocognisafe and its President, David Caroni, have used the legal avenue in a desperate attempt to gain unfair competition and undermine our credibility. As such, any further attempts by Biocognisafe and its President to prevent us from bringing the FOLO CRAM to market will be met with the most aggressive legal measures available. With that being said I would like to take this opportunity to thank all our shareholders for their patience and support."