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TADF, ELRA, YESD, BMGP, DNDT
WSRA, EXTO, ONSM, BZCN, NYMH, EXPH
Our Stocks to Watch today include Tactical Air Defense Services Inc. (OTCBB: TADF), Elray Resources Inc. (OTCBB: ELRA), YesDTC Holdings Inc. (OTCBB: YESD), Biomagnetics Diagnostics Corp. (OTC: BMGP), DND Technologies Inc. (OTC: DNDT), Western Sierra Mining Corp. (OTC: WSRA), Exit Only Inc. (OTC: EXTO), Onstream Media Corp. (Nasdaq: ONSM), BizAuctions Inc. (OTC: BZCN), NYMET Holdings Inc. (OTC: NYMH) and Expo Holdings Inc. (OTC: EXPH).
FEATURED COMPANY
TACTICAL AIR DEFENSE SERVICES INCORPORATED (OTCBB: TADF)
"Up 11.11% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TADF.php
Company Profile: http://www.otcpicks.com/Tactical-Air-Defense.htm
Tac-Air is a privately-held Aerospace/Defense Services contractor founded by a group of former Navy, Marine, and Air Force Weapon's School Instructors, which has won and successfully executed multiple Aerospace/Defense contracts by divisions of the U.S. Department of Defense.
TADF News:
August 5 - Tactical Air Defense Submits Proposal to Purchase Military Aircraft
Tactical Air Defense Services, Inc. (OTCBB: TADF), an Aerospace/Defense Services contractor that offers air-combat training, aerial refueling, aircraft maintenance, disaster response services, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, announced that it has submitted a proposal for the purchase of 12 Dassault Mirage military aircraft to the government of a foreign allied country.
To support its air services growth strategy, post-acquisition of Tactical Air Support, Inc., ("Tac-Air"), TADF believes that the acquisition of the 12 Mirage military aircraft would better position the Company, together with Tac-Air, to capture the aerial services contracts that it is currently pursuing or evaluating with the U.S. and foreign-allied governments.
The Mirage aircraft that TADF is negotiating to purchase are advanced super-sonic fighter jets that are used by militaries around the world. To know more about Dassault Mirage aircraft, please go to www.dassault-aviation.com/en/defense.html.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We believe the acquisition of a fleet of Mirage aircraft, in conjunction with the military aircraft currently owned by Tac-Air, would position TADF to capture a much larger portion of the rapidly growing business of supplying aerial services to the U.S. and foreign militaries."
FEATURED COMPANY
ELRAY RESOURCES INCORPORATED (OTCBB: ELRA)
"Up 8.57% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ELRA.php
Company Profile: http://www.otcpicks.com/Elray-Resources.htm
Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of four highly prospective, heavily mineralized mining tenements in Cambodia and Mexico. Elray Resources primary objective is to source potential and viable projects, conduct geological assessments and seek Joint Venture partners to develop the properties. Elray Resources 100% controlled entity in Cambodia is Angkor Wat Minerals Ltd.
ELRA News:
August 5 - Elray Resources: Stable Ecuadorian Economy Ready for Growth in Mining Sector
Country's Mining Industry Now Fully Regulated, Providing for Stability and Adoption of International Standards
Elray Resources, Inc. (OTCBB: ELRA), a global exploration and production mining company with a portfolio of valuable properties, is pleased to report that numerous agencies and institutions expect that Ecuador's Mining sector will be a major engine of growth in the coming years.
The current investment climate in Ecuador is extremely favorable, as compared to other Latin American countries. A dollarized economy, combined with a stable political culture and low wage levels, create many opportunities for foreign investors. Other investment advantages include an abundance of natural resources and the fastest growing economy in the region, with a non-oil GDP growth rate of 6% for 2010.
Some key facts include:
* Geological studies performed by the British, Swedish and Ecuadorian Geological Surveys through the late 1990s have suggested that Ecuador has tremendous potential for discovery of new economic ore deposits.
* There are new laws protecting the Ecuadorian Economy and Environment seen as progressive.
* Ecuador's Minister of Production Nathalie Cely Suarez, in talks with Bloomberg, commented that the Country's non-oil GDP expected to rise 6% in 2010.
* In January 2010, Agencia de Regulacion y Control Minero ("ARCM") was established to be responsible for compliance of resource companies and their activities with Ecuador's new mining law. A prerequisite of the new mining law is the confirmation of the mining company's concession titles in Ecuador.
* All business in Ecuador is transacted in US currency, encouraging stability and inward investment.
* Oil and Mining are valued at 27% of the economy of Ecuador and the government recognizes their value and is working to develop more investment.
* There is a good labor pool available in Ecuador, which makes investing in Ecuador particularly attractive.
"We believe Ecuador has key elements required to see its mining sector explode," commented Barry Lucas, Elray's Executive Chairman. "These include excellent geological potential, stable economy and a business-oriented government."
FEATURED COMPANY
YESDTC HOLDINGS INCORPORATED (OTCBB: YESD)
Detailed Quote: www.otcpicks.com/quotes/YESD.php
Company Profile: http://www.otcpicks.com/yesdtc-holdings/yesdtc-holdings.htm
YesDTC Holdings, Inc. is a direct-to-consumer marketing company specializing in direct response television (DRTV), Internet and retail marketing programs. The Company brings a unique set of skills to this marketplace. YesDTC combines both creative talents and financial acumen to create a total package for direct-to-consumer marketing programs. We have formed a strategic partnership with Schulberg Media Works (SMW), one of the pioneering firms in the direct-to-consumer space. SMW's track record is impressive with nearly $1 billion in revenues and a strong track record of industry awards. SMW campaigns include Tempur-Pedic, Guthy-Renker, Sony, 24-Hour Fitness, Rhino Records, HarperCollins, PureSleep, among many others.
YESD News:
August 5 - YesDTC Holdings Receives Notification of Japanese Class II Designation
YesDTC Holdings, Inc. (OTCBB: YESD), a direct-to-consumer marketer and global distributor of consumer goods and products, today announced it has been notified that the Japanese government agency in charge of medical device regulation has placed the ActiPatch™ Therapy and the Allay™ Menstrual Pain Therapy products manufactured by BioElectronics Corp, (OTC: BIEL) in the Class II category. YesDTC Holdings is the exclusive distributor for all Bioelectronics products in Japan.
"We are clearly excited to have been placed in the Class II category," commented YesDTC Holdings CEO, Joseph Noel. "The Class II designation will allow YesDTC to partner with other Japanese distributors that currently hold medical device licenses, thereby speeding our entry into the lucrative Japanese medical device market. With this designation, direct to consumer marketing without a healthcare provider's prescription is permitted and no further clinical trials will be needed. The pain relief product vertical is very large in Japan and the demand for non-drug based therapies very strong."
Beginning with the start of the third calendar quarter, YesDTC moved from the development phase into a revenue production phase. In addition to the Bioelectronics product line that will be marketed into Japan, YesDTC recently launched its first North American direct response television program, called Simply Music™ (www.trysimplymusic.com). YesDTC recently moved this program out of the test phase. The Company is currently in production for its second North American program for the MediPendant™ personal medical alarm, which is manufactured by Medical Alarm Concepts Holdings, Inc. (OTCBB: MDHI). YesDTC is currently developing several other direct response television programs and other marketing initiatives designed to significantly increase shareholder value.
FEATURED COMPANY
BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)
Detailed Quote: http://www.otcpicks.com/quotes/BMGP.php
Company Profile: http://www.otcpicks.com/Biomagnetics-Diagnostics.htm
Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.
BMGP News:
July 26 - Biomagnetics Provides Investor Update
Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and other innovative technologies, provided the following updates on corporate activities.
Clayton Hardman, CEO of Biomagnetics commented, “We have recently completed a thorough review with our auditors, results which will soon be open for review. This will be the first step in becoming a fully reporting company and being listed on the OTCBB. Full transparency is critical as we expand and move forward with planned acquisitions. Over the coming weeks and months you will see substantial developments from our company. We believe we are on the leading edge in revolutionizing tuberculosis diagnostics throughout the world in partnership with Los Alamos National Laboratories. We are equally excited about introducing to the world revolutionary biodegradable plastic film and several “green” bio-fuel formulations all of which hold the promise to significantly reduce pollution. It is clearly a very exciting time for our shareholders. Below, we have provided a detailed update of some of our recent corporate activities.”
Corporate legal staff has already completed the majority of the required Securities and Exchange Commission (SEC) filing information (Form 10) and expects to file with the SEC over the next few weeks.
Integrated Optical Biosensor Development (IOBS) - Biomagnetics continues to work toward development of the world's first integrated optical biosensor for the detection of disease causing pathogens. Biomagnetics is aggressively working with the staff of Los Alamos National Security, LLC to arrange a joint conference call or webinar to discuss this project with both the medical and investment communities.
Zhuhai Oil New Energy Science and Technology, LTD Acquisition - Biomagnetics recently announced the signing of a letter of intent to acquire Zhuhai, an innovative designer and producer of low carbon biofuels. Today, the companies are releasing test results on these unique biofuel blends. According to China National Vehicle Pollutant Emission Standards, idling nitrous oxides cannot exceed 200 ppm for light duty gasoline vehicles. Recent tests using the Zhuhai low carbon gasoline blend produced test results of only 6 to 27 ppm. The high idle standard is for less than 150 ppm, with the Zhuhai blend product testing at 3 to 15 ppm. The Zhuhai gasoline product also significantly reduced carbon emissions with test results of 0% to 0.2%, versus the maximum national carbon emissions standard of 0.5%. As was announced on July 21, biofuel production at the plant was recently increased to 60 metric tons per hour. It is estimated the average pretax profit per ton of various fuel blends that will be sold to power plants and other industrial users will range between 700 RMB and 1,300 RMB per ton. The companies recently completed additional negotiations toward the closing of this merger, which included an agreement to allow Biomagnetics to manage the process of filing all U.S. patent applications for these low carbon biofuels.
Lanzhou Sanhuan New Technology Acquisition – On July 12th, Biomagnetics announced the signing of a letter of intent to acquire Lanzhou Sanhuan, the developer and patent holder of a unique highly degradable, PVA plastic film with unique gas permeation reduction features. Biomagnetics has recently completed its initial legal review of the patent held by Lanzhou, the status of current production levels and the validity of the ongoing Chinese government agriculture-related contract for a significant amount of Lanzhou PVA film. As a result of this review, Biomagnetics will move forward with a formal offer for the Company.
Additional Acquisitions - Biomagnetics is today announcing its intent to move toward an acquisition related to the manufacturing inputs for the Lanzhou PVA film while reviewing an additional proposed acquisition relating to the production of bio-fuels in China. This additional bio-fuel acquisition is designed to provide a limited level of vertical integration in order to better meet strong demand required by a local Guangdong electric power station that has agreed to place a significant order for the cleaner burning Zhuhai biofuel blend.
Relative to the acquisition of Lanzhou and Zhuhai, Biomagnetics will issue a total of 20 million shares of common stock and has agreed to capitalize these two operations with $2 million in capital of over the next 90 days. The Company believes these acquisitions will be highly accretive to earnings and will result in a significant addition to shareholder value.
FEATURED COMPANY
DND TECHNOLOGIES INCORPORATED (OTC: DNDT)
Detailed Quote: http://www.otcpicks.com/quotes/DNDT.php
Company Profile: http://www.otcpicks.com/Newsletter/DNDT_061510.html
Founded in 1997, DND Technologies is a publicly traded high technology holding company that acquires, invests in, or partners with leading edge technology solution companies and established businesses to bring new or improved products to market. DNDT's core competencies include acquiring or taking strategic financial positions in cutting-edge companies that have synergies in business-to-business and business-to-consumer technology opportunities that are targeted to resolving unmet consumer needs and emergent business domains. is a publicly traded high technology holding company that acquires, invests in, or partners with leading edge technology solution companies and established businesses to bring new or improved products to market. DNDT's core competencies include acquiring or taking strategic financial positions in cutting-edge companies that have synergies in business-to-business and business-to-consumer technology opportunities that are targeted to resolving unmet consumer needs and emergent business domains.
DNDT News:
August 3 - MatchingAds Chooses Virtacore Systems
* Managed Cloud Provider Will Host Fast-Growing Company's Entire Network of Online Classified
* Solutions for Local TV Stations Across the U.S.
MatchingAds, Inc., a subsidiary of DND Technologies (OTC: DNDT), and Virtacore Systems, Inc. announced that Virtacore has been chosen as the exclusive cloud computing and managed services provider for MatchingAds' entire network of online classified solutions. MatchingAds is a full service classifieds solution provider that delivers customized advertising web portals for TV stations in major cities across the U.S. Virtacore Systems, a leading managed cloud provider, will host and manage all aspects of the IT infrastructure required to deliver each of MatchingAds' web portal solutions.
MatchingAds works with local TV stations to augment their advertising bases with an increased ability to drive traffic to their respective websites. Their proprietary ad-generation process provides a local media web portal with a high volume of ads. It also includes a proprietary user-verification process eliminating the issues of spamming and illegal content.
Following its successful debut in the Phoenix market in late 2009, MatchingAds is on pace to open additional sites in 2010 in each of the top 20 high density markets or top Designated Market Areas (DMAs), including New York, Philadelphia, Chicago and Los Angeles, which represent about 40% of the U.S. The company chose to move from its current hosting provider to Virtacore Systems to ensure their infrastructure could scale to meet heightened demand.
According to The Yankee Group, Internet advertising is expected to grow more than 100 per cent in just two years, from $21.7 billion in 2009 to $50.3 billion by 2011. "Our TV network customers expect our classified solutions to be always-on and operating at peak performance," said David Pollei, President and CEO of MatchingAds. "With Virtacore, we're confident that our solutions can scale to meet or exceed our clients' expectations even as we expand into other major metropolitan markets. They're a true business partner that's 100 per cent committed to our success — a rare find in the service provider space these days."
Virtacore Systems' Tier 3 Equinix data centers are home to all the servers, storage and network infrastructure needed to support each of MatchingAds' advertising web portals. In order to best meet MatchingAds' clients' wide range of computing needs, Virtacore designed and implemented a hybrid cloud solution using both shared and dedicated resources. In addition, Virtacore provides the full complement of managed services required for day-to-day operations such as systems administration, backups, and software maintenance.
"We're thrilled to have been chosen as MatchingAds' exclusive Managed Cloud Provider," said Thomas J. Kiblin, Founder and CEO of Virtacore Systems. "We pride ourselves in really understanding each client's unique environment so we can deliver the best combination of resources and managed services they need to be successful in the cloud. This enables us to readily adapt to handle MatchingAds rapid growth and dynamic client needs."
STOCKS TO WATCH
WESTERN SIERRA MINING CORPORATION (OTC: WSRA)
"Up 24.03% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/WSRA.php
Western Sierra Mining Corp., a development stage company, engages in the acquisition, development, and mining of mineral properties. Its subsidiary, Western Sierra Inc., engages in the gold and other precious mineral mining on a gold bearing placer deposit located in the Sierra Occidental Mountains in the state of Sonora, Mexico. In addition, it has a joint venture with Minera La Escuadra, S.A. (Escuadra) to process and market the minerals in approximately 35,000 tons of ore that was extracted by Escuadra from a mining property called El Picacho. It also has an option to purchase the mining rights to a mineral concession called Pirita, Mexico. The corporation operates in Mexico. The corporation has its principal executive offices in Lake Havasu City, Arizona.
WSRA News:
July 10 - Western Sierra Mining Announces Acquisition of Mining Properties in Arizona
Western Sierra Mining Corp. (OTC: WSRA) officially announced to shareholders that the Company has successfully executed a definitive material agreement with GoldRiver Exploration, Inc, whereby Western Sierra has acquired exclusive mining rights to eight ore bearing properties in the Bradshaw Mountain region of Central Arizona.
The recently finalized acquisition includes noted properties with extensive mining histories and precious metal ore bodies that are geologically well documented, including The Sun Gold Group, The Big Chief Group, The Oro Cache Mine, The Eagle Mine and The Treasure Gulch Mine. Based on historic geologic assessments, collective proven gold reserves for the properties are estimated at 100,000 ounces (Au) with probable reserves of 400,000 ounces (Au), in additional to proven and probable reserves of silver totaling approximately 1,000,000 (Ag).
Together with the completion of this acquisition and the recent engagement of PCAOB member accounting firm of Moore & Associates, Western Sierra management is working to value the mine group acquisition for accounting and reporting purposes in accordance with Generally Accepted Account Principals (GAAP) and industry norms. It is anticipated that this valuation information will be completed and released to shareholders within the next week.
Michael Chaffee, CEO & President of Western Sierra Mining, commented, “We are thrilled to have formalized this transaction that will, when valuation calculations are completed, undoubtedly provide significant per share value to WSRA shareholders, significantly improve the Company’s balance sheet and provide management with meaningful short-term production possibilities to propel the company into revenue generating status.” He continued, “With the initial stake hold firmly in place, management will begin planning for preliminary exploration in the 3rd quarter while continuing to evaluate other properties that will expand total proven and probable reserves.”
EXIT ONLY INCORPORATED (OTC: EXTO)
"Up 133.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EXTO.php
Exit-Only, Inc. operates as an Internet-based market for new and used vehicles in Canada. The company operates Text4Cars.Com Web site that contains a database of new and used vehicles, where sellers can add to the site and buyers can search and purchase from the site. As of May 22, 2007, Text4Cars.Com had approximately 10,000 vehicles on its database. The company was incorporated in 2006 and is based in Santa Monica, California.
EXTO News:
March 3 - Exit Only, Inc. Launches Media & Entertainment Subsidiary
Exit Only, Inc. (OTC: EXTO) (the "Company") announced that it has launched its planned Media & Entertainment Subsidiary in order to pursue acquisitions in that sector. Currently, the Company is in negotiations to acquire an entertainment venue located in Fort Wayne, Indiana. This prospective acquisition is part of the strategy to increase revenue and utilize economies of scale in the management of both this operation and the Company's real estate operations. H.S. Liddell, Chairman and Todd Smith, President have a combined fifty plus years of experience in all facets of the entertainment and hospitality industry.
Summit City Grand Resort & Casino Holdings Corporation ("Summit City"), a hotel and real estate developer headquartered in Fort Wayne, Indiana, a wholly owned subsidiary of the Company, also has commenced discussions regarding two large scale hotel, entertainment and mixed use developments with one located in Indiana and one in Illinois.
H.S. Liddell proclaimed, "We are very excited about the new developments for our Company. In a very short period of time, we have begun to execute on our business strategy. Our management team is focused on achieving the goals for the Company on an accelerated timetable in order to increase revenue and shareholder value."
ABOUT SUMMIT CITY
Summit City Grand Resort and Casino Holdings Corporation specializes in the development and management of hotel, resort and entertainment properties. Management of Summit City currently own and operate several entertainment venues in the greater Fort Wayne metropolitan area. Furthermore, management possesses significant experience in all phases of the hospitality industry and in the development of large scale real estate and construction projects. Summit City's hotel and resort in Puerto Plata, Dominican Republic combines hotel rooms and apartment suites and full range of resort amenities within close proximity to the beach, attractions and casinos.
ONSTREAM MEDIA CORPORATION (NASD: ONSM)
"Up 39.58% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ONSM.php
Onstream Media Corporation operates as an online service provider of live and on-demand Internet video, corporate Web communications, and content management applications. Its Digital Media Services Group consists of Smart Encoding, Digital Media Services Platform (DMSP), User Generated Content (UGC), and EDNet divisions. The Smart Encoding division provides automated and manual encoding and editorial services for processing digital media, and online search, retrieval, and streaming of these media, which include photos, videos, audio, engineering specs, architectural plans, and Web pages. The DMSP division offers an online subscription-based service that includes access to enabling technologies and features for clients to acquire, store, index, secure, manage, distribute, and transform digital assets into saleable commodities. The UGC division provides a video ingestion and flash encoder that could be used by its clients on a stand-alone basis or in conjunction with the DMSP. The EDNet division provides connectivity within the entertainment and advertising industries through its managed network, which encompasses production and post-production companies, advertisers, producers, directors, and talent. The company's Web Communications Services Group comprises Webcasting, Infinite Conferencing, and Travel divisions. The Webcasting division provides an array of corporate-oriented, Web-based media services to the corporate market, which include live audio and video Webcasting, and on-demand audio and video streaming. The Infinite Conferencing division offers reservationless and operator-assisted audio and Web conferencing services. The Travel division produces and distributes Internet-based multi-media streaming videos related to hotels, resorts, time-shares, golf facilities, and other travel destinations. The company was founded in 1993 and is headquartered in Pompano Beach, Florida.
ONSM News:
August 5 - Onstream Media Debuts MarketPlace365 with Subway®
Over 100 Food, Beverage and Consumer Packaged Goods Providers Participating in Subway's New Online B2B Marketplace
Onstream Media Corporation (Nasdaq: ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, has announced the debut of its MarketPlace365™ virtual tradeshow platform with Subway®. Over 100 of the top food, beverage and consumer packaged goods and service providers are participating in the restaurant chain's new online, business-to-business marketplace. Participating companies include: Coca Cola, Frito Lay, ADP, Comcast, Dr. Pepper/Seven Up Inc., DelMonte Fresh Produce Inc., McCain Foods, Sysco, Val Pak, and Otis Spunkmeyer. The show is open to Subway franchisees, employees, sponsors and vendors. The launch of the marketplace coincided with Subway's annual convention held July 23 - 25 at McCormick Place in Chicago, Illinois.
The Subway® restaurant chain is the world's largest submarine sandwich franchise, with more than 33,000 restaurants in 91 countries. In fact, the Subway® brand was ranked the number one franchise opportunity in Entrepreneur magazine's "Annual Franchise 500®" listing.
"Onstream Media's MarketPlace365 platform is the type of comprehensive, unifying, virtual tradeshow and marketplace technology that we were looking for to extend value to our franchise owner community," said Fred DeLuca, Co-Founder of Subway Restaurant Chain. "With Subway locations in 91 countries, we needed a highly efficient communication tool to efficiently and effectively bring valuable information to our team. MarketPlace365 will help us bring the world of Subway information, from marketing initiatives to equipment and services, home to the desktops of our local franchisees around the globe."
"Subway's virtual tradeshow is a great, showcase example of what's possible using Onstream Media's self-provisioning, multimedia MarketPlace365 technology," said Randy Selman, President & CEO of Onstream Media. "Subway is creating a perpetual online community of interest where its suppliers, manufacturers, franchisees, employees and sponsors can come together in an online forum to exchange information and stay current with new innovations throughout the Subway organization."
Subway's MarketPlace365 features:
* Over 100 food, beverage and consumer packaged good and service providers – all with their own virtual booths;
* An array of communication tools including webcasting, webinars and direct chat;
* Rich, multimedia content management solutions for archived information; and
* The ability to further leverage social networks and syndicate content.
MarketPlace365 gives trade show organizers, entrepreneurs, publishers and associations the tools to create an online community for their market sector or area of interest, delivering lead generation, social networking and efficient information distribution. MarketPlace365 provides advanced media capabilities such as live and on demand webcasts, webinars and web conferences, searchable rich media libraries, virtual classroom training and on-line discussion forums. In addition, the user generated content capability, with automated workflows, including transcoding of virtually all types of video formats, also allows effortless expansion of the marketplace's rich media content from many contributors.
ABOUT THE SUBWAY CHAIN
The Subway® restaurant chain is the world's largest submarine sandwich franchise, with more than 33,000 locations in 91 countries. Headquartered in Milford, Connecticut, and with regional offices in Amsterdam, Beirut, Brisbane, Miami, and Singapore, the Subway® chain was co-founded by Fred DeLuca and Dr. Peter Buck in 1965.
BIZAUCTIONS INCORPORATED (OTC: BZCN)
"Up 33.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BZCN.php
BizAuctions, Inc. is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries. BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment. We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.
BZCN News:
July 22 - BizAuctions and La Jolla Liquidation Joint-Venture to Open Retail Store
BizAuctions, Inc. (OTC: BZCN), a prime provider of commercial eBay and Amazon liquidation services for excess inventories, overstocks, and returns, and La Jolla Liquidation and Auction Co. announced that the Joint-Venture is in the final stages of opening a retail store in early to Mid-August of this calendar year.
Delmar Janovec, BizAuctions' CEO, comments, "Due to the availability of name brand merchandise such as Polo Ralph Lauren, Buffalo and Lucky jeans, and other name brand clothing merchandise from BizAuctions' major retail contracts, BizAuctions and La Jolla Liquidation's Joint-Venture are in the final stages of opening a retail store in early to mid-August of this year. The retail store location is approximately 3,000 sq. ft. in size and is located within BizAuctions current 23,000 sq. ft. office-warehouse in Otay Mesa, California. BizAuctions office-warehouse is approximately two (2) blocks from the Otay Mesa Road or 905 Highway and approximately four (4) miles from the 805 Highway and border crossing into Mexico. The combined traffic flow at the Otay Mesa Road-905 highway and the 805 highway juncture carries in excess of 60,000 cars a day so with the correct signage and adequate marketing, BizAuctions-La Jolla Liquidation can draw from a large base of potential customers that utilize these highways each day.
"BizAuctions opened its 1st retail store on May 29, 2009 in the Chula Vista Center in Chula Vista, CA, next to Macy's, an anchor store, and PacSun retail stores, under the name of Lucky 7's in order to sell its name brand products such as Polo Ralph Lauren, Buffalo and Lucky jeans, Ed Hardly shirts, PING sports apparel, and other name brand clothing merchandise that brings higher retail prices at Lucky 7's versus its customary outlet, on eBay and Amazon business platforms," noted CEO, Janovec.
Romy Ashjian, President of La Jolla Liquidation remarks, "Since our formation of the Joint-Venture with BizAuctions in early April of this year, I have had the opportunity to see all of the hundreds of name brand products in the areas of electronics, clothing, and general merchandise that are in great condition which are received weekly by BizAuctions - it was then that I realized the true value in the merchandise that was being sold by BizAuctions through eBay, Amazon, and the Lucky 7's store. So, after discussions with management of BizAuctions we decided the Joint-Venture would open the retail store in the warehouse of BizAuctions current operations. The combined management of La Jolla Liquidation has in excess of 25 years experience in the retail, liquidation and auction business, and coupled with the traffic flow from Otay Mesa Road-905 highway and the 805 highway, we believe the retail store in time will develop a strong customer base that is looking for great buys on name brand merchandise."
BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay and Amazon platforms.
NYMET HOLDINGS INCORPORATED (OTC: NYMH)
"Up 55.56% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NYMH.php
As of May 5, 2009, Nymet Holdings Inc. was acquired by NYMET Industrial Solutions, Inc., in a reverse merger transaction. Perihelion Global engages in the acquisition, development, and management of technologies, strategic commodity reserves, and assets in the energy, natural resource, and communications markets. The company was founded in 2006 and is based in Santa Rosa Beach, Florida.
NYMH News:
August 5 - NYMET Holdings Inc. Announces Execution of Long Term Supply of Iron Ore From Chile, South America
NYMET Holdings Inc. (OTC: NYMH), an innovative metals recycling and commodities trading company, headquartered in Port Jefferson, NY, announces the execution of a contract in Chile for the supply of iron ore for export to the Far East.
NYMET Resources & Mining Corp., a wholly owned subsidiary of NYMET Holdings Inc. (www.nymetholdings.com), has entered into a 5 year contract with a 5 year option direct with a large Iron ore mine located in Chile, South America. The Mine is one of the largest deposits in that region and has export permits currently up to 100,000 metric tons per month of high grade iron ore that has the specification and quality which is highly sought after by our clients. The first contract is valued at over 150 million in revenue through 2011, and provides NYMET the potential for a substantial increase in revenues for this year. Once the first 150,000 MT is exported, the mine can apply to increase their current export permit capacity to 300,000 MT. That coupled with additional investment into the facility we anticipate revenues to grow to over 250 million by year-end 2011.
The contract was negotiated and concluded by Edward R. Gulmi, Executive Senior Vice President. He stated, "The completion and consummation of this agreement provides NYMET with a major potential revenue stream and profit that is sustainable for the long term. Our team is pleased to have developed this opportunity for NYMET as it will have a substantial impact on our shareholder value in the future."
EXPO HOLDINGS INCORPORATED (OTC: EXPH)
"Up 37.50% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EXPH.php
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
EXPH News:
August 4 - Expo Holdings, Inc. Begins Production of 20000+ Store Fixtures
Expo Holdings, Inc. (OTC: EXPH), via its subsidiary D&D Displays, Inc. has begun limited production of its recent 20,000+ store fixture program designated for Lowe’s Companies, Inc.
Initial production regarding this program is expected to stretch from now until the end of September, with ongoing production in addition to this initial order expected over the next year. The retailer will utilize these fixtures nationwide. The company expects heavy incoming raw material shipments over the next 4 weeks, and expects heavy outgoing shipments to begin by early September.
The company has raised funds via its equity and utilized some of these funds in relation to funding this project. At this time, the company has fully completed its fundraising needs, and anticipates no increases in the company’s outstanding share count.
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