AEMI, GRDC, MDGC, BIOR, GRBG, DTRO
Our Stocks to Watch today include Access to Money Inc. (OTCBB: AEMI), Grid Cloud Solutions Inc. (OTC: GRDC), MediaG3 Inc. (OTC: MDGC), BioDrain Medical Inc. (OTCQB: BIOR), Green Bridge Industries Inc. (OTC: GRBG) and Deltron Inc. (OTCBB: DTRO).
STOCKS TO WATCH
ACCESS TO MONEY INCORPORATED (OTCBB: AEMI)
"Up 122.50% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AEMI.php
Access to Money, Inc. operates as an independent automated teller machine (ATM) deployer in the United States. The company engages in the sale and rental of ATMs, as well as provides repair, maintenance, parts, supplies, and other services to merchants. It manages, owns, and operates ATMs for independent store owners, larger retail chains, hotels, stadiums, universities, banks, credit unions, and other financial institutions. The company also offers student loan outsourcing services to university credit unions in the United States. As of May 16, 2011, it operated approximately 10,359 terminals under contract in 50 states. The company was formerly known as TRM Corporation and changed its name to Access to Money, Inc. in June 2009. Access to Money, Inc. was founded in 1981 and is headquartered in Cherry Hill, New Jersey.
August 16 - Rigrodsky & Long, P.A. Announces Investigation of Access to Money, Inc.
Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Access to Money, Inc. (OTCBB: AEMI) (“Access to Money” or the “Company”) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Cardtronics, Inc. (“Cardtronics”) in a transaction with an approximate value of $21.2 million.
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Under the proposed agreement, Access to Money shareholders will receive $0.285 per share in cash for every share of Access to Money common stock they hold.
The investigation concerns whether Access to Money’s board of directors adequately shopped the Company to obtain the best price possible for Access to Money’s shareholders before entering into the agreement with Cardtronics. Indeed, according to Yahoo! Finance, at least one analyst has set a $3.50 per share target for Access to Money stock.
If you own the common stock of Access to Money and purchased your shares before August 15, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.
GRID CLOUD SOLUTIONS INCORPORATED (OTC: GRDC)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GRDC.php
Grid Cloud Solutions Inc. offers comprehensive design, development and management services to the Biomass, Solar Thermal & PV and Wind energy industry. The Company brings decades of energy consulting experience to the marketplace. Management's approach is based at rapid growth through partnerships, mergers and acquisitions using the principals' connectivity in the marketplace.
August 15 - Grid Cloud Solutions Announces 10 MW Solar Project Submissions
Grid Cloud Solutions Inc. (OTC: GRDC) reported securing options to develop solar power on lands in prime regions for available transmission capacities totaling over 10 MW of ground mounted photovoltaic projects. The advancing solar energy projects, located in Ontario, Canada, are expected to be permitted under the province's renewable energy promoting Feed-In-Tariff program. Once operational these additional projects would generate over $7.8 M per annum in revenues for Grid Cloud Solutions and its partners for 20 years.
Grid Cloud CEO, Mr. Danny Wong, comments, "The Grid Cloud team continues to secure rural lands closest to areas where transmission line capacity is not an issue, for itself and other Renewable Energy developers, while supporting the distributed generation model, which is expected to create environmental benefits and support communities."
Grid Cloud Solutions Inc. offers comprehensive design, development and management services to the Biomass, Solar Thermal & PV and Wind energy industry. The Company brings decades of energy consulting experience to the marketplace. Management's approach is aimed at rapid growth through partnerships, mergers and acquisitions using management's connectivity in the marketplace and their ability to create linkages between different fields of application.
MEDIAG3 INCORPORATED (OTC: MDGC)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MDGC.php
MediaG3, Inc. develops and markets broadband wireless technology products and online applications that empower interactive content delivery to today's fixed and mobile consumers. MediaG3 has signed a $10 million broadband wireless product supply contract, and is in preparation of launching its China Pilot Project, which has been approved by Chinese Ministry of Commerce and State Administration of Radio, Film and Television, as well as financially supported by the US Trade and Development Agency. With signed contracts and additional business in discussions, the company is expected to reach over $20 million in revenue in 24 months.
April 4 - MediaG3 Pilot Projects Moving Forward With 10 GB Boise Project
MediaG3, Inc. (OTC: MDGC) announced the first of their wireless pilot projects with MeshGlobal has successfully completed the testing phase and has begun signing up select customers moving the project into the sales and marketing stage.
"MediaG3 is excited to announce the launch of the Boise Project, starting with a combined 10 GB pipe, as the first licensing and revenue sharing models using our technologies," stated Val Westergard, MediaG3 chairman. "MediaG3 is working closely with MeshGlobal as well as other vendors and subcontractors to develop and deploy these hybrid multi-tier networks to allow for quick and effective deployment in any city worldwide.
"These networks have been designed to move much larger amounts of data through multiple spectrums and can function as a super-fast, primary or complimentary wireless broadband solution for small business, enterprise, neighborhood, community, metropolitan, campus, public and rural areas. We intend to invite mayors, education and public safety directors, businesses and other WISPs to come and experience these 'next generation' technologies to use, evaluate and consider for their customers, business and community needs."
ABOUT MESHGLOBAL, INC.
MeshGlobal Inc., a private corporation, specializing in commercial, government and institutional deployment of wireless mesh communication networks, will fund and deploy the first model programs, using MediaG3's super-fast "next generation" wireless networks. MediaG3 licensed its patented Local Multi-Point Distribution Systems (LMDS) and other proprietary technologies to MeshGlobal, to be used in these model networks, and will share in revenues generated.
BIODRAIN MEDICAL INCORPORATED (OTCBB: BIOR)
"Up 28.57% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BIOR.php
BioDrain Medical, Inc. has a fully automated, patented, FDA cleared, surgical fluid disposal system that virtually eliminates operating room workers' exposure to blood, irrigation fluid and the related germs, viruses and diseases that are potentially found in the surgical environment. Today's manual surgical fluid handling methods of hand-carrying filled surgical fluid canisters and emptying these canisters is an exposure risk and an antiquated approach to the handling of surgical fluid waste. BioDrain's Streamway system fully automates the collection, measurement and disposal of surgical fluids resulting in: 1) reducing overhead costs to hospitals and surgical centers, 2) improving the Occupational State and Health Association (OSHA) and other regulatory compliance, and 3) improving the efficiency of the operating room (and thereby making surgeries more profitable).
August 8 - BioDrain Medical Continues Sales and Marketing Expansion
Converts an Early Surgery Center Beta Site of Its Streamway® System to Purchase Order; Appoints Former Abbott Laboratories Sales Executive as New England Area Sales Consultant
BioDrain Medical, Inc. (OTCQB: BIOR), producer of the FDA cleared Streamway® System for automated surgical fluid disposal, today announced that as part of its overall plan to cover the entire country with experienced independent sales representatives, it has appointed Philip Posa, a former Abbott Laboratories sales executive, as its New England Area Sales Consultant.
Kevin Davidson, CEO of BioDrain Medical, Inc., stated, "We are intent on creating an infrastructure that will both facilitate and support the rapid sale and placement of our Streamway® System in operating rooms across the country. As part of that effort, we are pleased to announce the appointment of Philip Posa as our New England Area Sales Consultant."
Mr. Davidson declared, "Phil brings to us over 29 years of direct sales and sales management experience with Abbott Laboratories. He will be covering the New England area as well as assisting with our independent sales organizations, bringing to 12 the number of states we cover with independent sales rep organizations. These rep groups bring with them extensive existing hospital and hospital buying organizations as clients. We are confident that the rapid growth in our sales' representation structure will therefore be followed by a commensurate booking of purchase orders of the Streamway System."
Davidson continued, "Our rapid growth into commercialization is also exemplified by our most recent purchase order from a Twin Cities based surgery center. Well over a year ago, we performed several surgeries while beta testing our device at the surgery center. Recently, we revisited the hospital with our commercialized Streamway® System for live surgery evaluation and we were issued a purchase order shortly thereafter. With the assistance of our newly expanded sales rep force we are exponentially increasing our ability to demonstrate our now commercialized unit. We therefore expect that as hospitals and surgical centers discover the safety and efficiency of the Streamway® System's continuous, automated and cost effective process, a corresponding conversion of these demonstrations into purchase orders will take place."
GREEN BRIDGE INDUSTRIES INCORPORATED (OTC: GRBG)
"Up 75.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GRBG.php
Green Bridge Industries is a Green Products & Technologies company. Since the Company's inception, it has grown and thrived in the area of green cleaners. Green Bridge Industries has plans to upgrade its current products as well as introduce new product lines. The first of these is its new EZ PAK™ product line, a dissolvable packet aimed at lowering our carbon footprint while still offering superior cleaning performance as compared to traditional, toxic cleaners. The Company is also actively looking towards joint venture partnerships and acquisitions in the alternative energy sector.
June 22 - Green Bridge Industries Looks to Grow via Mergers and Acquisitions
Green Bridge Industries, Inc. (OTC: GRBG) announced a set of significant short-term goals, including key growth initiatives for the Company including its active pursuit of various merger and acquisition opportunities. As these partnerships and acquisitions come to fruition, Green Bridge plans to continue to update shareholders on the Company's website and future Shareholder Letters as well as via Twitter and Facebook.
Throughout the remainder of 2011 and into 2012, the Company plans to initiate a capitalization program allowing Green Bridge greater flexibility to utilize the assets of the Company in the future for corporate purposes. The Company's Capitalization Program is a stringent and coherent strategy which effectively identifies the necessary steps required to greatly enhance and grow the Company's revenue stream. Green Bridge will employ best-practices for creating the structures and valuations of each investment and through the use of the Company's website and Social Media outlets, Green Bridge management will strive to keep investors informed as developments occur.
Recently, the Company launched a new ecommerce store for Commercial Products through its website, www.greenbridgeindustries.com. Green Bridge's new store will enable Commercial and Wholesale Customers to purchase top-quality environmentally friendly products directly from the online store. The site now features products from the Company's new EZ Pak™ line, a dissolvable concentrate packet designed to decrease the customer's carbon footprint by drastically decreasing packaging costs as well as shipping expenses. With the opening of Green Bridge's new ecommerce store, the Company has enhanced its ability to serve and sell into the over $20 Billion Commercial and Industrial Cleaning Market. Customers will be able to sign up for a Commercial account online and have the ability to place orders for product immediately.
Another part of the Company's 2011 growth initiative is maintaining an aggressive merger and acquisition campaign in order to expand its presence in the multi-billion dollar "green" industry, with a focus on acquiring environmentally friendly products and technologies that will add value to our shareholders as well as our bottom line. As part of this initiative, Green Bridge acquired 10% ownership interest in Team Energy, Inc., a seasoned developer of Supply Side Power projects. Team Energy (www.teamenergy-inc.com) is a multi-disciplined Energy Service Company (ESCO) and is currently concentrating on Compressed Natural Gas (CNG) harvesting from landfill facilities. With their expertise and technology they have the ability to collect the CNG and use it as fuel for vehicles.
"We are constantly looking for opportunities to increase shareholder value. Green Bridge will continue to update its shareholders as we progress on our business plan," stated William White, Chairman and CEO of Green Bridge Industries, Inc.
DELTRON INCORPORATED (OTCBB: DTRO)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DTRO.php
Deltron acquires profitable businesses with strong management teams, substantial revenue and established market positions. Wholly owned subsidiary Blu Vu is a developer of proprietary closed circuit rebreather technology and components that go beyond conventional scuba systems to enable commercial and recreational divers to go deeper, stay underwater longer and recover faster. Wholly owned Elasco is a proven innovator in product manufacturing with a 30-year operating history, diverse customer base and vertically integrated manufacturing facility in Garden Grove, California.
June 13 - Deltron’s Blu Vu Invited to Present its Rebreather Solutions at America's Largest Consumer Dive Expo
Deltron, Inc. (OTCBB: DTRO) reports that the Company’s highly innovative rebreather Bail Out Valve (BOV) components were showcased at SCUBA Show 2011 on June 4th and 5th in Long Beach, California. Dr. Jeffrey Bozanic, international diving safety expert and head of Deltron’s Blu Vu division, was invited to conduct a seminar for the conference’s more than 12,000 attendees entitled “Rebreathers for the Mass Market”. Deltron’s Blu Vu designs and develops components and systems for closed-circuit rebreathers—underwater life support systems that recirculate breathing gases to enable deeper, longer and more productive dives.
Founded in 2008, Blu Vu is led by internationally renowned deep sea and cave diving expert Jeffrey Bozanic, Ph.D. Blu Vu is focused on the design and development of proprietary closed-circuit rebreathers and components for commercial and recreational diving. At SCUBA Show 2011 the Blu Vu team presented its rebreather components to potential customers including rebreather OEM’s, resellers, dive shops, diving experts, diving agencies, dive tech developers and to PADI, the training agency for recreational divers.
Dubbed America’s Largest Consumer Dive Expo, SCUBA Show 2011 is sponsored by organizations including DAN, PADI, California Diving News, the Wyland Foundation, LiquidAssets.tv, Sport Chalet and REEF. World famous marine artist and conservationist Wyland created a live painting and exhibited his artwork at the show. Hundreds of companies and agencies exhibited, and attendance topped last year’s record 11,216 registered visitors.
Henry Larrucea, CEO of Deltron, commented: “We were extremely pleased to have been selected to present our solutions at SCUBA Show 2011, one of the recreational diving industry’s top conferences. Dr. Bozanic’s seminar on the growing use of rebreathers for recreational diving and the many advantages of rebreathers over conventional SCUBA systems was well attended and well received. Deltron is excited to pursue the opportunities we see opening up within what we believe is a highly lucrative niche market with significant room for growth.”
Last week Deltron reported highly positive second quarter financial results. For the quarter ended March 31, 2011, Deltron’s wholly owned Elasco, Inc. manufacturing subsidiary increased revenue by 36.5% and increased gross profit by 322% over the second quarter last year.