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ONTC
DOGO, CDMA, MIKP, HOMS, TOFS, OPMG
Our Stocks to Watch today include Onteco Corp. (OTCQB: ONTC), Digagogo Ventures Corp. (OTCBB: DOGO), Codima Inc. (OTC: CDMA), Mike the Pike Productions Inc. (OTC: MIKP), Homeland Security Capital Corp. (OTCBB: HOMS), 247MGI Inc. (OTC: TOFS) and Options Media Group / PhoneGuard Inc. (OTCQB: OPMG).
FEATURED COMPANY
ONTECO CORPORATION (OTC: ONTC)
"Up 27.55% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ONTC.php
Company Profile: http://otcpicks.com/Onteco-Corp.htm
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
ONTC News:
July 19 - Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Announces New York University (NYU)-Poly Contract for Othmer Residence Hall is Valued at $356,000
Onteco Corporation (OTCQB: ONTC) (the "Company", or "Onteco"), announced that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is providing further financial and project details referencing its previously announced contract to provide product and services to New York University (NYU)-Poly.
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes. We will also provide additional financial information related to future project valuations as stages are released for this on going project. We are very excited to have been selected as a lighting solutions provider for NYU-Poly and are anxious to provide the University with incredible products and services that meet NYU-Poly's i2e Campus transformation initiatives."
ABOUT NYU-POLY
NYU-Poly is the alliance of the nation's second oldest private engineering school, Polytechnic, with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 MetroTech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 MetroTech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase's intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the i2e initiatives that center around invention, innovation and entrepreneurship.
ABOUT NEXPHASE LIGHTING, INC.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™," which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending" wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
STOCKS TO WATCH
DIGAGOGO VENTURES CORPORATION (OTCBB: DOGO)
"Up 40.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DOGO.php
The Company is developing a digital sales and distribution network designed to connect households together and enable individuals to buy or sell items within a local community. The Company believes that this can be achieved by harnessing the power of local group buying and instantaneous knowledge of supply and demand within that community.
DOGO News:
July 18 - Digagogo Engages Advanced Creative Media
Digagogo Ventures Corp. (OTCBB: DOGO) ("Digagogo"), a provider of information and communications technology, announces that it engaged Advanced Creative Media ("ACM") to develop video marketing material.
On July 1, 2011, Digagogo hired ACM to assist in the production of targeted, market-specific video advertising. The video advertisements will be incorporated as part of Digagogo's strategic marketing initiatives as Digagogo seeks to penetrate new local markets and initiate its digital sales and distribution network. In exchange for such services, Digagogo shall pay ACM on a per job basis.
ACM's final products will be optimized to take advantage of modern mobile media outlets such as streaming video, mobile download and online social media. To view Digagogo's first video advertisement produced by ACM, visit:
www.digagogo.com/web/multimedia/acm_dogo.html
Bobby James of ACM commented on the collaboration, "We are truly excited to be a part of this forward-thinking and compassionate initiative. Digagogo is set to inspire a whole new way of life and commerce, and we are proud to have the opportunity to contribute."
ABOUT ADVANCED CREATIVE MEDIA (ACM)
ACM is a video production and sound design company that is operated out of Surrey, British Columbia. From producing, directing, filming, editing or composing, ACM gives our clients tools to get their products and events noticed. ACM has produced videos, built custom soundtracks, and designed live shows for clients such as Bridgestone Tires, UBC Sports, Sisco, World Police & Fire Games, Toyota Brazil, Redbull, The Vancouver Pride Society, the 2010 Olympics, M.A.D. TV Film Festival, Koodos Mobility, The Juno Awards, and many more.
CODIMA INCORPORATED (OTC: CDMA)
"Up 33.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CDMA.php
Codima Inc. (CDMA), headquartered in PA with global reach supported by eleven offices across North America, EMEA, Latin America, Asia and Australia, provides best practice software tools to help organizations manage their IT networks. Fully automated and fully integrated, Codima Toolbox delivers tools for network inventory, mapping and monitoring using Microsoft® Office Visio® as well as pre- and post-deployment VoIP management. Codima Green, the environmental division, specializes in recycling end-of-life electronics. Codima is a Microsoft Certified Partner, an Avaya DevConnect Gold Partner and a Cisco IBLM Partner.
CDMA News:
July 15 - Codima Announces Its 1-855-4ESCRAP Initiative
Codima Inc. (OTC: CDMA) announces the official launch of its 1-855-4ESCRAP initiative. The new brand serves the goals of collection and sales penetration in the electronic waste recycling, trading, and refining markets. The combined use of its toll free number and corresponding website www.18554ESCRAP.com make it easy for corporate and household clients to contact us from anywhere in the country to arrange shipment and sale of bulk electronic waste and working equipment. The Company offers cash for electronic waste as well as cash for reusable electronic merchandise such as computers, networking and telecom equipment.
Codima CEO Christer Mattsson added, "We are very pleased to begin offering this focused green service to our existing clients and look forward to the results with great expectation."
MIKE THE PIKE PRODUCTIONS INCORPORATED (OTC: MIKP)
"Up 57.50% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MIKP.php
Mike the Pike Productions, Inc., an entertainment company, engages in the development and production of feature films in the United States. The company also involves in the literary rights acquisitions; graphic novel publishing; and concert and event promotions. Mike the Pike Productions, Inc. was founded in 2009 and is based in Fort Wayne, Indiana.
MIKP News:
July 18 - Mike The Pike Productions Announces Completion of Principal Photography on Multi-Million Dollar Sci-Fi Thriller, ‘White Space’
Mike the Pike Productions, Inc.’s (OTC: MIKP), in partnership with Spoke Lane Entertainment and www.filmworksfx.com, is pleased to announce that it has completed principal photography on ‘White Space’, a sci-fi thriller comparable to ‘Alien’, ‘Mutiny on the Bounty’, ‘Skyline’ and ‘Jaws’.
The film, directed by Filmworks FX founder, Ken Locsmandi, has officially entered post-production with a fully finished product expected late Fall 2011. Filmworks FX will be handling post-production and visual effects for the high-concept feature with a production value at approximately $20,000,000. The magnitude of services being provided here is significant and has already amounted to millions of dollars on board for the feature.
“It was quite an undertaking and one we’re very satisfied with to date,” states Mike The Pike Productions CEO/Producer, Mark B. Newbauer. “The completion of principle photography marks a major benchmark for the company and sale of the film should prove to be a lucrative accomplishment for all involved including Mike The Pike Productions and its shareholders. It’s this kind of project that I’m confident will organically create overall share value and growth.”
The film is aimed for theatrical distribution with DVD, VOD, etc. in tow. According to www.boxofficemojo.com, Comparable projects in line with current box office trends show revenues in excess of $25,000,000 in domestic markets and over $40,000,000m in foreign markets. This does not include revenue garnered from DVD, VOD, Cable and other means of exhibition or merchandising.
More updates in the coming days!
Note from Newbauer: Certain Official announcements in the public markets, including cast, will only be made in line with the project’s sales and marketing strategy such as those being prefaced by official industry trade announcements.
HOMELAND SECURITY CAPITAL CORPORATION (OTCBB: HOMS)
"Up 172.73% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/HOMS.php
Homeland Security Capital Corporation is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related businesses, within the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. HOMS operates businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities.
HOMS News:
July 19 - Perma-Fix Signs Definitive Agreement to Acquire Safety and Ecology Corporation
Transaction Expected to Nearly Double Perma-Fix' Revenue and Expand Perma-Fix' Nuclear Services Capabilities Upon Completion
Perma-Fix Environmental Services, Inc. (Nasdaq: PESI) announced it has signed a definitive agreement to acquire Safety and Ecology Holdings Corporation (SEC) from Homeland Security Capital Corporation (OTCBB: HOMS) ("Homeland"). Under the terms of the agreement, Perma-Fix will pay Homeland approximately $24.5 million consideration, consisting of $22.0 million in cash, subject to working capital adjustments, along with a 3-year unsecured $2.5 million promissory note, bearing an annual interest rate of 6%. Simultaneous with the closing, certain key management investors of SEC will purchase approximately $1.0 million of Perma-Fix' restricted common stock, with the purchase price for the stock to be deducted from the cash portion of the purchase price payable to Homeland. Perma-Fix expects the acquisition will be accretive to earnings, excluding any one-time acquisition-related expenses. The acquisition is subject to certain closing conditions, including financing, and is expected to be completed during the third quarter of 2011.
SEC, headquartered in Knoxville, Tennessee, specializes in the remediation of nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. The company employs more than 450 employees and, based on Homeland's 2010 Form 10-K, generated approximately $86.0 million in revenue and $3.3 million in net income for the fiscal year ended June 30, 2010.
Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "The acquisition of SEC dramatically expands our nuclear services capabilities. On a combined basis, we can now offer customers, both government and commercial, one of the broadest and most comprehensive end-to-end nuclear waste solutions in the industry. We believe that this expansion of our nuclear service capabilities, coupled with our existing nuclear waste treatment expertise, clearly places us at the forefront of the industry and should enhance our value to our customers and our shareholders. SEC brings a highly qualified management team who we feel will integrate well and complement our current management."
Christopher Leichtweis, Chief Executive Officer of SEC, stated, "We are excited to become a part of Perma-Fix Environmental Services, a true leader and innovator in the nuclear services industry. As we unite through this transaction, our technologies and capabilities provide a much broader platform from which to grow the business, offering complete solutions to our customers."
ABOUT PERMA-FIX ENVIRONMENTAL SERVICES
Perma-Fix Environmental Services, Inc., a national environmental services company, provides unique mixed waste and industrial waste management services. The Company's increased focus on nuclear services includes radioactive and mixed waste treatment services for hospitals, research labs and institutions, federal agencies, including the Department of Energy ("DOE"), the Department of Defense ("DOD"), and nuclear utilities. The Company's industrial services treat hazardous and non-hazardous waste for a variety of customers including, Fortune 500 companies, federal, state and local agencies and thousands of other clients. Nationwide, the Company operates seven waste treatment facilities.
247MGI INCORPORATED (OTC: TOFS)
"Up 23.53% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TOFS.php
247MGI, Inc. does not have significant operations. It intends to acquire assets or shares of an entity actively engaged in business. Previously, the company, through its subsidiary, Yard Sale Drop Off, Inc., operated as a trading assistant and power seller that assisted others to list and sell items through on-line auctions on the eBay Web site. The company was founded in 1991 and is based in Fort Lauderdale, Florida.
TOFS News:
July 18 - 247MGI to Reduce Authorized Shares by 30%
247MGI, Inc. (OTC: TOFS) (“247MGI”) will file on Monday, July 18, 2011 with the State of Florida to Amend its Articles of Incorporation to reduce the number of Authorized Common shares the Corporation has from 5 billion to 3.5 billion shares, the Par value shall remain the same.
The Amendment will be viewable from www.sunbiz.org, the Corporation has also logged in to PinkSheets.com to make the adjustments to the Authorized shares.
The Company hopes to be able to begin posting more financial information by the end of the week on PinkSheets.com and believes a further reduction in the Authorized and Outstanding shares of the Company will happen again shortly.
The Company has no plans for any type of share restructuring for its Common stock.
The Company asks Shareholders to monitor PinkSheets.com for continued developments.
PHONEGUARD INCORPORATED (OTCQB: OPMG)
"Up 16.75% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/OPMG.php
PhoneGuard, Inc., formerly known as Options Media Group Holdings, Inc., is a leading provider of mobile applications software. The Company's flagship product, the Drive Safe™ anti-texting while driving software application suite, is a next-generation software suite with the most robust set of features and functions available today. The software product, which is easily downloadable to mobile phones, allows for global positioning satellite tracking of the mobile device in order to calculate the rate of speed of travel. Above certain predetermined speeds, the Drive Safe Software will lock the keyboard and prevent the user from emailing, surfing the web or texting. While Drive Safe Software is designed to prevent texting while driving, it also offers parents and employers the ability to monitor the driving habits of mobile phone users in order to prevent speeding.
OPMG News:
July 11 - Justin Bieber and PhoneGuard, Inc. Join ‘Remember Alex Brown Foundation’ to Launch a Campaign to Encourage Responsible Texting
Initiative to Include PSAs From Bieber and Brown Family and Will Introduce Use of PhoneGuard's Drive Safe™ Texting Prevention Software
Two-time Grammy nominated singer/songwriter Justin Bieber and Options Media Group / PhoneGuard, Inc. (OTCQB: OPMG) have announced the launch a campaign dedicated to encouraging responsible texting, through the use of PhoneGuard's acclaimed Drive Safe™ software application, which disables the texting, emailing and keyboard functions of a mobile phone while in a vehicle moving faster than 10 miles per hour. Justin and PhoneGuard (www.PhoneGuard.com) are working closely with the Remember Alex Brown Foundation, organized by the family of teenager Alex Brown who tragically lost her life because of texting and driving. A multi-platform campaign will be rolled out over the next several weeks that will include a wide range of content, including PSA videos by Justin and the family of Alex Brown.
According to the United States Department of Transportation, more than 1,000 people die each year within the U.S. due to texting while driving. Working with PhoneGuard on this important initiative reinforces Justin's long-standing commitment to increasing public awareness of texting while driving, while at the same time providing financial support for charities such as the Remember Alex Brown Foundation.
"As a 17-year-old driver, I am aware of the countless distractions that we teenagers face on the road, and texting is one that is preventable," said Justin. "There are too many young people, like Alex Brown, whom we've lost because of texting while driving, and it is my hope that, through this partnership with PhoneGuard, we will raise awareness of this issue and create safer conditions for everyone on the road."
PhoneGuard's revolutionary Drive Safe™ anti-texting while driving software application suite disables the texting, emailing and keyboard functions of a mobile phone in a vehicle that is in motion.
By using GPS to track speed and coordinates, the Don't Text Don't Drive Mobile Application automatically turns off certain functionalities of the driver's mobile phone when the phone is in a moving vehicle. Thus, the user will no longer be able to text, email, surf the web or instant message while driving. When the car is stopped for more than five seconds, however, the phone will automatically allow texting and other data functions to resume. Any missed text messages will be waiting for the user. Once the user starts driving again, the software will automatically block these activities again. Drive Safe™ is part of a larger application suite that features additional safety components such as a phone locator, speed parameter function and phone information wipe, in the case of a stolen phone.
"With more than 600,000 accidents and 448,000 injuries each year related to distracted driving, it's clearly time to bring this issue to the forefront," said PhoneGuard CEO Scott Frohman. "We're very much looking forward to working with Justin Bieber on this initiative because he is able to connect with less experienced, new drivers and educate them about responsible texting and the Drive Safe™ application. Justin has played a key role in developing the program and his extraordinary reach will make him instrumental in promoting it. A tremendous amount of work has gone on behind the scenes since mid-May, and today is the beginning of the rollout that will include promotional videos, commercials, splash pages and websites featuring Justin, in addition to a few secret promotions that will be unveiled over the coming weeks, which we believe will be extremely inspiring and viewed by millions."
Echoing Frohman's sentiments, Chairman of the Board Keith St. Clair said, "We have been very impressed by the commitment of Justin and his team in helping develop this awareness and marketing program. It is quite clear to us that preventing injury and death due to distracted driving is very important to Justin, as is his desire to raise funds for charities that support this cause."
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