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SENZ, TADF, YESD, BMGP, SMNG
IVIT, MNDP, TOMZ, SSHO, NSEH, WLSI
Our Stocks to Watch today include Sport Endurance Inc. (OTCBB: SENZ), Tactical Air Defense Services Inc. (OTCBB: TADF), YesDTC Holdings Inc. (OTCBB: YESD), Biomagnetics Diagnostics Corp. (OTC: BMGP), Strategic Mining Corp. (OTC: SMNG), Invicta Group Inc. (OTC: IVIT), Mundus Group Inc. (OTC: MNDP), TOMI Environmental Solutions Inc. (OTCBB: TOMZ), South Shore Resources Inc. (OTC: SSHO), NuState Energy Holdings Inc. (OTC: NSEH), Wellstar International Inc. (OTCBB: WLSI).
FEATURED COMPANY
SPORT ENDURANCE INCORPORATED (OTCBB: SENZ)
Detailed Quote: http://www.otcpicks.com/quotes/SENZ.php
Company Profile: http://www.otcpicks.com/Sport-Endurance.htm
Sport Endurance, Inc., a development stage company, focuses on developing, manufacturing, marketing, and distributing beverages, snacks, and dietary supplements products in the United States. It would provide energy drinks and energy shots. The company intends to offer its Shocking Great Taste energy drinks in six flavors, such as mango cream, raspberry cream, fruit punch, tropical, doo drop, and cran-grape; and sugar free energy shots in four flavors, including mango, tropical, fruit punch, and raspberry. Sport Endurance, Inc. was formerly known as Cayenne Construction, Inc. and changed its name to Sport Endurance, Inc. in August 2009. The company was founded in 2001 and is based in Las Vegas, Nevada.
SENZ News:
August 16 - Sport Endurance's Liquid Creatine Gel Caps Out Muscle the Competition
Unique Formula With Kre-Alkalyn Allows Safe Consumption of Proven Muscle-Building Ingredient Creatine Using a Fraction of Previous Dosages
Sport Endurance, Inc (OTCBB: SENZ), a health supplement company, has developed a revolutionary formula that enables the safe consumption of Creatine, a proven muscle-building and performance enhancing dietary supplement.
Creatine monohydrate is a proven muscle building, strength enhancing and performance boosting supplement. It's one of the few supplements proven effective.
However, ingestion of the large amounts of Creatine necessary to make significant gains can take a physical toll on the body, sometimes leading to negative physical reactions. Creatine creates reactions such as stomach discomfort, diarrhea, and the famous "creatine bloat" in which the body retains an excessive amount of water. Other side effects include dehydration, headaches and even potential liver and kidney issues.
Sport Endurance, Inc. has developed a formula from Kre-Alkalyn Creatine, which has been proven to be more effective than "Regular" Creatine, and without many of the side effects.
Kre-Alkalyn is Ph. balanced unlike regular Creatine, and is therefore more easily absorbed into the muscle cells. One gram of Kre-Alkalyn is equal to 10 grams of regular creatine monohydrate.
When ingested, most of Creatine rapidly converts to the by-product "creatinine," the toxic substance responsible for causing the unwanted side effects. The result is that there is very little pure creatine left to get absorbed into muscle cells where it's needed. Only 10-20% of the actual amount of Creatine ingested goes to the desired cells. In sum, the more Creatine, the more "creatinine" and thus greater negative effect on the body.
"Kre-Alkalyn allows you to safely consume creatine to its full and most potent level with only a fraction of previous dosages," explained Robert Timothy, CEO of Sport Endurance, Inc.
"Kre-Alkalyn is 'Ph balanced' to be 'immune' to the Ph levels of your stomach acids and other parts of your digestive system. This means, unlike regular Creatine, it does not break-down into the toxic substance creatinine before it reaches your muscle cells. It's 100% stable and 100% bio-available. The result is that you can take less Kre-Alkalyn and still get the same muscle building and strength enhancing effects of much more creatine. This represents a tremendous leap forward in the industry."
FEATURED COMPANY
TACTICAL AIR DEFENSE SERVICES INCORPORATED (OTCBB: TADF)
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 11 - Frivolous Action Against Tactical Air Defense Services is Dismissed
Tactical Air Defense Services, Inc. (OTCBB: TADF), an Aerospace/Defense Services contractor that offers air-combat training, aerial refueling, aircraft maintenance, disaster relief services, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that the frivolous and improper Involuntary Chapter 7 Petition (the "Petition") designed to harm TADF has been Dismissed by the United States Bankruptcy Court.
On August 3, 2010, certain affiliates and business associates of Mr. Daniels, the ex-CEO of TADF against whom TADF is currently litigating in a separate action, filed an improper and frivolous Involuntary Chapter 7 Petition against the Company in the United States Bankruptcy Court for the Southern District of Florida, in an effort to delay and circumvent the legitimate civil court process, to harm and discredit TADF, and in direct violation of a Court Order previously issued by Federal Bankruptcy Judge Paul Hyman on March 14, 2010.
On August 11, 2010, at an Emergency Hearing to Dismiss the Petition, the Federal Bankruptcy judge dismissed the Petition, as had been anticipated and previously disclosed by TADF, and, moreover, due to the improper actions of the Petitioners, reserved the right of the US Federal Bankruptcy Court to:
* Impose Sanctions upon the Petitioners.
* Impose Punitive Sanctions upon the Petitioners if it is determined that the actions of the Petitioners violated the Court Order previously issued by U.S. Federal Bankruptcy Court Judge Hyman.
Although no assurances can be given, TADF believes that Sanctions will be imposed upon the Petitioners, and that it will be determined that the Petitioners violated the Court Order issued by Judge Hyman.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "I am pleased that the U.S. Bankruptcy Court made the proper determination by dismissing the frivolous Petition. TADF intends to request that Sanctions and Punitive Sanctions be imposed upon the Petitioners and Mr. Daniels for yet another improper attempt to damage TADF due to it having severed its relationship with the Petitioners or their affiliates as a result of previous improper or fraudulent actions or misconduct by the Petitioners or their affiliates. We hope that Judge Hyman will impose both Sanctions and Punitive Sanctions against the Petitioners and Mr. Daniels in order send the proper message to Mr. Daniels and his affiliates that any attempt to damage or take unfair advantage of TADF will not be tolerated. TADF remains on a clear path to fulfill the expectations of our shareholders."
FEATURED COMPANY
YESDTC HOLDINGS INCORPORATED (OTCBB: YESD)
"Up 7.14% in morning trading"
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
STRATEGIC MINING CORPORATION (OTC: SMNG)
"Up 15.38% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SMNG.php
Company Profile: http://www.otcpicks.com/Strategic-Mining.htm
Strategic Mining Corporation is engaged in the exploration and development of gold properties in Vietnam, the US (Nevada/Utah) and Africa. The company intends to expand by acquiring mineral rights to other key properties and by initiating strategic joint ventures.
SMNG News:
August 10 - Strategic Mining Announces Filing of Form 10-A with the SEC and Moves to OTCQB Tier
Strategic Mining Corp. (OTC: SMNG) announced that it has filed the amendment (10a) to the Form 10 that includes first quarter financials on August 9, 2010. The filing of the Form 10a immediately moves the company to the OTCQB tier with current status. The company has also sent a response letter to the SEC in order to continue the process to move to the Bulletin Board.
The company filed a Form 10 with the SEC on April 30 to initiate the process to move to the Bulletin Board. As of June 30, Strategic Mining is subject to all of the reporting requirements of the Securities Exchange Act of 1934. The Bulletin Board reaches a much wider audience both domestically and internationally. Strategic Mining is now a reporting company offering more transparency while investors and their brokers would have greater ease and less restrictions to monitor, buy and sell the company's stock.
President, Todd Sterck commented: "We are pleased to now be under the jurisdiction of the SEC with full transparency to the investment community. We look forward to be listed on the Bulletin Board and are taking all the necessary steps to accomplish this goal."
STOCKS TO WATCH
INVICTA GROUP INCORPORATED (OTC: IVIT)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/IVIT.php
Invicta Group, Inc. (OTC: IVIT) is a full service multimedia management and marketing company. The Invicta Group is a product development and brand awareness conglomerate that utilizes shared resources to create synergies between their projects and companies and creates a lower cost of entry into the marketplace and almost instant start up capabilities for new products, services, and clients.
IVIT News:
August 16 - Invicta Group Increases Second Quarter Revenue in 2010 by Almost $2,500,000 From Second Quarter in 2009 and Increases Gross Profit by Over $800,000 for the Quarter
Invicta Group increases Net Profits by Over $200,000 for the Quarter
Invicta Group Inc. (OTC: IVIT) announced the results of Operations for the Three Months Ended June 30, 2010 Compared to the Three Months Ended June 30, 2009.
Revenues for the three months ended June 30, 2010 ("Second Quarter 2010") were $2,514,700 compared with $93,376 for the three months ended June 30, 2009 ("Second Quarter 2009"). That is an increase of $2,421,324 or 2,593% for the quarter.
Gross Profits for the three months ended June 30, 2010 ("Second Quarter 2010") were $815,026 compared with ($5,447) for the three months ended June 30, 2009 ("Second Quarter 2009"). That is an increase of $820,473 for the quarter.
Net Income for the three months ended June 30, 2010 ("Second Quarter 2010") was $188,897 compared with ($25,813) for the three months ended June 30, 2009 ("Second Quarter 2009"). That is an increase of $214,710 in Net Profit for the quarter.
The total assets of the Invicta Group as of 06/30/10 were $3,600,386.
CEO of the Invicta Group, Paul Sorkin, said, "We finished the first 6 months of the year with about $7.5 million in revenues and almost $500,000 in Net Profits. That means we increased our numbers for the first 6 months this year by almost 3000% from last year. Our internal estimates for this year are between $12 million and $15 million in Revenues and around $1,000,000 in Net Profits."
Sorkin went on to say: "We are and have been involved in a number of different projects the last couple years. Invicta is evolving into a solid product development and brand awareness company. Our focus has continued to narrow to 4 main areas of concentration. We work with clients on their creative and design, printing and packaging, their product placement and fulfillment, and their brand awareness. We have created the required efficiencies during the last couple years to allow us to maximize our opportunities and be very competitive in the marketplace. My vision of utilizing shared resources with a quality team to produce positive results is developing nicely. I have the utmost confidence in my team and our abilities to continue to succeed. We are hopeful that the market will recognize and appreciate our continued improvements and long-term growth potential while we continue to look for and evaluate all future opportunities to help us grow."
MUNDUS GROUP INCORPORATED (OTC: MNDP)
"Up 80.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MNDP.php
The Mundus Group, Inc. is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments. From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.
MNDP News:
August 16 - Mundus Group, Inc. Announces That U.S. Border Patrol Expressed Urgent Interest in AirStar Industrial Drone UAVs to Assist in Seeing Underground Tunnels Near and Around the San Diego U.S. Border
Mundus Group, Inc. (OTC: MNDP) announces that U.S. Border patrol expressed urgent interest in AirStar Industrial Drone UAVs to assist in seeing underground tunnels near and around the San Diego U.S. border.
Further discussion and feasibility tests are expected to follow according to Josef Joebstl of AirStar who was in communication with representatives of federal agencies involved with border patrol. No orders have been made as of this release because as Joebstl points out that his custom high performance UAV waiting list is prohibitive from being able to deliver rush orders and the demand is increasing from every continent.
The representative had come expecting to purchase and walk out with an AirStar Industrial Drone, but was unable to fulfill his immediate needs. This is precisely the reason Mundus Group is expanding into multiple divisions to be able to increase AirStar's capacity and develop an in house inventory featuring the complete product line of pre-configured AirStar UAV Industrial Drones. The UAVs will be ready for service with multiple onboard technologies such as thermal imaging for surveillance, search and rescue and equipped with ground penetrating radar that will have multiple applications including infrastructure inspection, search and rescue after avalanches and earthquakes, mining, oil and gas, mine seeking as well as border patrol.
This further underscores Mundus Group's mission as parent company to increase AirStar's production capabilities, establish the inventory of in house technologies pre-configured on AirStar UAV Industrial drones and build the necessary infrastructure that would allow us to fulfill large government and private commercial orders for AirStar and Mundus Group UAV technologies.
TOMI ENVIRONMENTAL SOLUTIONS INCORPORATED (OTCBB: TOMZ)
"Up 55.56% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TOMZ.php
TOMI Environmental Solutions (OTCBB: TOMZ) is a leading provider of environmental services that are using UV ozone, activated hydrogen peroxide and UVGI-Filtration to achieve a safe and healthy indoor environment. TOMI equipment will treat issues that involve infectious disease control. Compared to other existing methods of air remediation and purification, TOMI systems produces byproduct-free ozone and activated hydrogen peroxide mist with a high degree of safety and industry expertise. The Company offers its non-ozone producing UV germicidal accessories, the "Terminator" that can be permanently installed to maintain clean inside air.
TOMZ News:
August 16 - TOMI Environmental Solutions Secures International Contract; Demonstrates Commercial Viability in Asian Markets
TOMI Environmental Solutions (OTCBB: TOMZ), a global green leader in infectious disease control and surface and air remediation, is pleased to announce progress with a new contract for it's subsidiary in Singapore.
The initial order from COSEM, a Safety & Security Services company, is a strong indication of potential business from other companies and municipalities in Asia.
Discussing what this means for TOMI Environmental Solutions, CEO Dr. Halden Shane, stated that, "Many of these countries already recognize the inherent need for a healthy indoor environment and the direct impact of airborne pathogens upon building occupants; you could say that they are ahead of the United States in that regard. We believe it is only a matter of time until our technology is adopted universally — the benefits of our air and surface remediation solution, which eliminates 99.9% of contaminants and disease causing bacteria or viruses — are that compelling."
Andrew Leong, President of TOMI Environmental Solutions Singapore Subsidiary, states, "This is not a speculative market where you 'build it and they will come.' Our entry into these markets hinges on our ability to secure commitments from several customers. We expect this trend to pick up swiftly. COSEM's order is the first of many we expect that will continue to make Singapore a world leader in understanding the global indoor contamination risk, and being at the absolute fore front of mitigating that risk."
The new Singapore subsidiary will feature an array of experienced individuals with specific knowledge of the customers, business climate, and state-owned industries that understand the urgent need to have clean air and control any outbreaks of infectious disease. Management believes that these contacts will foster critical relationships and convince more customers that TOMI Environmental Solutions will improve homeland security and infectious disease control within any indoor environment.
ABOUT COSEM
COSEM Safety & Security Services Pte Ltd is a wholly owned subsidiary company of the Co-operative of SCDF Employees Ltd. It is managed and staffed by experienced ex-employees of the Singapore Civil Defense Force (SCDF). Our major product categories include consultancy services in the fields of fire safety plans and policies, the establishment of civil defense systems, and training in emergency response and civil defense support functions. We also deal with the provision of safety and security equipment and products.
SOUTH SHORE RESOURCES INCORPORATED (OTC: SSHO)
"Up 66.67% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SSHO.php
South Shore Resources Inc. is a company engaged in the manufacturing, marketing, sales and distribution of products which are committed to fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive manufacturing industries which are either in development and/or the commercialization stages.
SSHO News:
August 13 - South Shore Resources Receives LOI: $44 Million for Exclusive Licensing of Its Intellectual Property
South Shore Resources Inc. (OTC: SSHO) (Frankfurt: SXB.f) (WKN: A0LD9H) wishes to announce that it has received a letter of intent (LOI) pursuant to which a private Ontario company headed by Mr. Erich Genseberger wishes to purchase for $44 million, an exclusive 20 year license for use of our intellectual (Hydrogen on Demand) property.
Mr. Erich Genseberger, 49, has a diverse background, as he is also currently the CEO of EcoMedia Direct an environmentally friendly media company and has previously held increasingly senior management positions at Martinrea International, Royal Laser Corp. and Cosma International, the metal forming end of Magna International.
Mr. Genseberger is a tool and die maker by training and an expert in metal manufacturing techniques and technology.
Subject to review, due diligence, evaluation and approval by both parties a definitive agreement is to be reached on or prior to September 01, 2010.
South Shore believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.
NUSTATE ENERGY HOLDINGS INCORPORATED (OTC: NSEH)
"Up 46.34% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NSEH.php
NuState Energy Holdings, Inc., through its wholly owned subsidiary, Commodity Express Transportation, Inc. (CXT), provides truck transportation and third party logistics services. The company has 49% interest in Rentar Logic, Inc., which develops and markets fuel management systems and various other telematics applications for commercial vehicle fleets and distributes a proprietary pre-combustion fuel catalyst that reduces fuel consumption and harmful exhaust emissions for various diesel engines. As of September 30, 2008, CXT's fleet consisted of 87 tractors consist of 47 leased units and 40 owner-operator units with which it has independent contractor lease agreements and 549 leased trailers. CXT operates a freight brokerage and a warehouse operation. The company develops and implements a custom software solution for Averitt Express, a provider of freight transportation and supply chain management services operating approximately 4,000 tractors and 11,250 trailers in approximately 100 countries. This software is a Web-based integration platform that provides the locations and availability of the trucks in all of Averitt's four main operating divisions. Customers The company serves the southeastern United States as both a freight carrier and a freight broker licensed by the U.S. Department of Transportation. Its Amcor transportation business is derived from its agreement with TPS Logistics.
NSEH News:
August 12 - NuState Announces Changes in Officers and Directors
NuState Energy Holdings, Inc. (OTC: NSEH) announced that Richard Hersh has resigned as Chairman of the Board and Chief Executive Officer. Long-standing shareholder Kevin Yates was appointed as the new Chairman of the Board, and George Stevens was recruited as the new Chief Executive Officer.
Kevin Yates has been a shareholder with NuState for seven years. For the past 10 years, he has built new technology companies and repaired troubled ones. He has been actively involved in the Medical IT field for 23 years. He has worked with Global Leaders Cerner Corporation and McKesson, setting up national distribution networks for each of them. Currently, Yates is serving as CEO of three companies and working on the development of a new company specializing in sports analytics. Yates has the drive and passion, along with the commitment to turn companies around.
For over 35 years, George Stevens has been involved in mergers and acquisitions, start-up companies and the restoration of troubled businesses. From 1971 to 1986, Stevens worked for American-Standard, where he rose to President of a division and was a pivotal player in purchase of Trane. He then founded Stevens Information Systems, specializing in information technology, focusing on asset control and fulfillment of retirement plans for individuals of Fortune 500 companies. Stevens currently serves as Chairman or CEO for six publicly- and privately-held companies. Stevens Resource Group, founded by Stevens in 2005, maintains an extensive 'finder' network throughout the United States, Asia, Europe and the Middle East. This allows him to identify emerging markets and investment opportunities through its vetting sources within these regions.
The first plan of action for the new executive team is to re-structure the onerous debt burden and the overly complicated equity positions that prevented the company from attracting new investments. The new executive team has started to arrange additional funding, included in the re-structuring objectives. The team has made progress with initial negotiations with creditors and shareholders and continues to receive positive feedback.
The second priority is to bring the company up-to-date on its regulatory filings to re-establish NuState's listing on the Bulletin Board. Thirdly, Yates and Stevens will develop a strategic plan to focus the company in a new direction involving exciting commercial opportunities.
"As a long-standing shareholder of the company, I fully appreciate the major challenges that our new management team must confront," stated Yates. "We are confident that our re-structuring objectives will be achieved, including the arrangement of additional funding. Through organic growth and acquisitions, we intend to build an aggressive but financially sound business. Our overall goal is to create value for those shareholders that have supported the company through its difficult years."
WELLSTAR INTERNATIONAL INCORPORATED (OTCBB: WLSI)
"Up 100.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/WLSI.php
Wellstar International, Inc., through its wholly owned operating subsidiary Trillenium Medical Imaging, Inc. (TMI), is poised to become a leading diagnostic company in the health care industry. TMI has developed and is marketing fully calibrated and functional, thermal imaging systems that utilize state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body. More information on the Company and its unique diagnostic software and product line is available on Wellstar's corporate Website.
WLSI News:
August 10 - Wellstar Establishes Data Storage for Images
Wellstar International Inc. (OTCBB: WLSI), through its wholly owned subsidiary Trillennium Medical Imaging (TMI), announces plans to transition to a virtual cloud data system in conjunction with the launch of the revised camera system. The implementation of a TMI Virtual Cloud Data System will provide the framework to meet TMI’s data needs for initial rollout and well into the future. The system meets all of TMI’s requirements for corporate data, patient data, and other Federal regulations. Cloud based systems are the future of data processing and the TMI Virtual Cloud Data System will provide the foundation for the future growth of the company.
The system will be infinitely scalable and will allow TMI to rapidly add an unlimited amount of new accounts without data storage constraints. The server will have built in redundancy with a backup server located 600 to 800 miles away. This disaster recovery plan allows for instantaneous back up of all data streams and can be managed remotely. The servers will be maintained 24/7 by the host.
John Antonio, CEO of TMI states: “With the constant changes in the healthcare environment, it is essential to have detailed documentation of patient information. TMI’s imaging system captures and stores valuable information with every image that is acquired. It is our job to ensure that this acquired data is stored properly and available to our clients at any time. Our database structure will allow healthcare professionals to access digital images, thermal images, data algorithm results, along with the time and date of the image acquisition 24 hours a day, seven days a week, from anywhere in the world. We anticipate exponential growth once production begins, and moving towards this structure will allow TMI to accommodate our clients’ needs in timely manner.”
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