For Wednesday, August 18th
IFXY, SMNG, YESD, BMGP, SENZ
BSDM, VVIT, PTEC, HEB, STHG, SMPP
Our Stocks to Watch today include Infrax Systems Inc. (OTCBB: IFXY), Strategic Mining Corp. (OTC: SMNG), YesDTC Holdings Inc. (OTCBB: YESD), Biomagnetics Diagnostics Corp. (OTC: BMGP), Sport Endurance Inc. (OTCBB: SENZ), BSD Medical Corp. (Nasdaq: BSDM), Vista International Technologies Inc. (OTCBB: VVIT), Phoenix Technologies Ltd. (Nasdaq: PTEC), Hemispherx Biopharma Inc. (NYSE Amex: HEB), Stratton Holdings Inc. (OTC: STHG) and Strategic Management and Opportunity Corp. (OTC: SMPP).
FEATURED COMPANY
INFRAX SYSTEMS INCORPORATED (OTC: IFXY)
"Up 9.62% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/IFXY.php
Company Profile: http://www.otcpicks.com/Infrax-Systems.htm
Infrax Systems offers a series of interrelated operational management, communications, and grid security related products and services known as Secure Intelligent Energy Platform (SIEP). Our products enable a comprehensive and unified solution for communications and applications management of the Smart Grid. SIEP™ incorporates a wide array of communications, security, device and data management tools for Smart Grid applications such as advanced metering solutions and grid optimization. SIEP platform creates a unified solution to securely manage Advanced Metering Infrastructure (AMI) and distribution automation. Infrax's secure smart grid platform incorporates a communications transport and management system, (Grid Mesh™), device and data security management, and ultimately secures intelligent endpoint devices (SIED). The secure management of the "last mile" backhaul will be necessary for utilities to implement Smart Grid applications including AMI, real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately the utility's customers.
IFXY News:
August 17 - Infrax Announces the First Upgradable WiMAX / LTE Base Stations Designed to Protect Operator's Investments
Upgrade Capability to LTE Makes Infrax Products "Future Proof"
Infrax Systems, Inc. (OTCBB: IFXY), a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, today announced the availability of the first upgradable WiMAX/LTE base stations. This upgrade option provides for a migration from WiMAX (802.16e) to Long Term Evolution (LTE) capability without replacing the Base Station. As the Infrax Base Stations are FPGA based, one can change and update the core networking protocols and the channel sizes in the field making these the most flexible 4G base stations available. These modular 4G base stations can even provide the ability to change to a different frequency by changing radio modules to provide more longevity of the platform and protect network operator's investments.
Infrax's wireless communications products are a core component of Automated Metering and Substation Automation projects for Utilities. By enabling advanced, reliable communications in a variety of frequency ranges, the products have a broad application range. These WiMAX / LTE base stations can be used in different frequency ranges, such as 2.3-2.6 GHz, 3.3-3.8 GHz or 700 MHz and can also be modified to operate in the "White Space" UHF frequency range 470-860 MHz.
Gone are the days where network operators had to compromise when selecting their technology. In the battle between WiMAX and LTE, Infrax is uniquely positioned to provide not only either solution, but to allow clients to upgrade their existing WiMAX base stations to full LTE capability simply and cost effectively. As the wireless industry continues to pit WiMAX against LTE in an epic battle for 4G supremacy, with Infrax the 4G future is not an either/or proposition.
As utilities and wireless service providers roll out applications requiring greater throughput and increased reliability, this modular and scalable product line provides high performance, efficient, broadband wireless networks with the lowest OPEX and CAPEX in the industry.
FEATURED COMPANY
STRATEGIC MINING CORPORATION (OTC: SMNG)
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 17 - Strategic Mining Completes Geological Report for Its Nevada/Utah Gold Property
Strategic Mining (OTC: SMNG) announced that it has recently completed a geological report for its East Canyon gold property located in both Nevada and Utah. Due to the presence of both gold and silver, further geological mapping, geochemical and geophysical surveys are required to develop new or refined exploration targets for both gold and silver.
Hassan Alief, the company's geological consultant, reviewed geochemical and field reports from historic and recent exploration to evaluate the property and write a report. Pending further investigation, Strategic Mining has plans for the further acquisition of adjacent properties.
President, Todd Sterck commented: "We are fortunate to have our gold property located in pro-mining states. Our goal is to establish ourselves in this region that has a long and proven track record for successful gold production."
The company has entered into negotiations with interested parties for the initial financing of $5 million required to develop at least one of its properties and begin gold production. These negotiations are in the early stages and SMC will update its shareholders on the progress as it develops.
Strategic Mining Corporation is engaged in the exploration and development of gold properties in Vietnam, the U.S. (Nevada/Utah) and Africa. The company intends to expand by acquiring mineral rights to more key properties and initiating strategic joint ventures.
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
SPORT ENDURANCE INCORPORATED (OTCBB: SENZ)
"Up 6.52% in morning trading"
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."
STOCKS TO WATCH
BSD MEDICAL CORPORATION (NASDAQ: BSDM)
"Up 136.28% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BSDM.php
BSD Medical Corporation develops, manufactures, markets and services systems to treat cancer and benign diseases using heat therapy delivered using focused radiofrequency (RF) and microwave energy. BSD’s product lines include both hyperthermia and ablation treatment systems. BSD’s hyperthermia cancer treatment systems, which have been in use for several years in the United States, Europe and Asia, are used to treat certain tumors with heat (hyperthermia) while increasing the effectiveness of other therapies such as radiation therapy. BSD’s microwave ablation system has been developed as a stand-alone therapy to ablate and destroy soft tissue. The Company has developed extensive intellectual property, multiple products in the market and well established distribution in the United States, Europe and Asia. Certain of the Company’s products have received regulatory approvals in the United States, Europe and China.
BSDM News:
August 18 - BSD Medical Receives FDA 510(k) Clearance to Market the MicroThermX Microwave Ablation System
BSD Medical Corporation (Nasdaq: BSDM) (Company or BSD) today announced that the U.S. Food and Drug Administration (FDA) has granted the Company a 510(k) clearance to market its MicroThermX Microwave Ablation System (MTX-180) for ablation of soft tissue. Clearance from the FDA of BSD’s 510(k) Premarket Notification submission authorizes the commercial sale of the MTX-180 in the United States. The MTX-180 was designed to provide a higher power, optimized system targeted to the growing therapeutic interventional and surgical oncology market.
The MTX-180 utilizes innovative synchronous phased array technology that was developed and patented by BSD to deliver targeted microwave energy to ablate (destroy) soft tissue. BSD employed its extensive 32-year background in developing thermal therapy systems in the design of the MTX-180. BSD’s patented and patents pending technology allows the MTX-180 to provide larger and more uniform zones of ablation during a single procedure. Third party independent testing was conducted at a U.S. university medical center that is a world leader in ablation treatments. The testing data demonstrated that the MTX-180 is a user-friendly system that delivers larger, more uniform ablation zones in shorter periods of time.
The MTX-180 is a compact, mobile, state-of-the-art, proprietary system that includes a microwave generator, single-patient-use disposable antennas, and a thermistor-based temperature monitoring system. The innovative design of the MTX-180 is the first of its kind that allows delivery of higher power levels using a single generator. The delivery of microwave energy is controlled utilizing an interactive, touch screen monitor that allows the operator to quickly and easily control the treatment.
“The MTX-180 represents a significant advance in our strategy to diversify BSD’s products and increase revenue,” said Harold Wolcott, BSD President. “The MTX-180 introduces into the Company’s product line an innovative, high-end disposable that is used in each ablation treatment, and will provide a significant ongoing revenue stream. The soft tissue ablation world market potential is estimated to exceed $2 billion. We believe that the MicroThermX System provides significant advantages over currently available devices that will allow us to capitalize on this rapidly expanding market.”
Currently, radiofrequency (RF) energy is utilized most frequently in the interventional oncology ablation market. Published studies have demonstrated that the use of microwave energy has numerous advantages over RF energy for the delivery of ablation therapy, including faster set-up, shorter ablation times, larger ablation zones, and higher intratumoral temperatures. For these reasons, interventional oncology key opinion leaders regard microwave as the future of soft tissue ablation therapy. The MTX-180 has been designed to provide optimized microwave ablation therapy.
The MTX-180 provides minimally invasive access to the target tissue and can be used in open surgical as well as in percutaneous ablation procedures, which will allow the MTX-180 to be used by both surgeons and interventional radiologists.
CE Marking approval for the MTX-180 System is imminent and will allow BSD to initiate a European market launch.
VISTA INTERNATIONAL TECHNOLOGIES (OTCBB: VVIT)
"Up 46.15% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/VVIT.php
Vista International Technologies, Inc., a renewable hydrocarbon-based waste-to-energy company, provides solutions to divert waste from landfills and clean alternative energy to municipalities and industries. It primarily focus on the proprietary patented technology, the Thermal Gasifier, which is a multi-stage gasification system used to convert hydrocarbon feedstock containing solids, such as used tires or tire-derived fuel, municipal and industrial solid waste streams, municipal sewage sludge solids, wood waste, and agricultural waste to a synthesis gas comprised primarily of hydrogen, carbon monoxide, carbon dioxide, and residual ash. The company's technology generates products, such as heat, electricity, and synthesis gas; and byproducts, such as carbon black, carbon dioxide, sulphur dioxide, nitrogen, and bottom ash. Its Thermal Gasifier technology is used in creating energy infrastructures; and building, owning, licensing, and operating hydrocarbon-based waste-to-energy plants. Vista International Technologies, Inc. also engages in tire derived fuel processing, which provides an alternative fuel supply from waste tires. The company was incorporated in 1996 as Ajax Reinsurance Limited and changed its name to Nathaniel Energy Corporation in 1999. Later, it changed its name to Vista International Technologies, Inc. in December 2007. The company is based in Englewood, Colorado. Vista International Technologies, Inc. is a subsidiary of Vista International, Inc.
VVIT News:
July 28 - Vista Inks Deal for 'Closed-Loop' Renewable Energy Solutions
Vista International Technologies, Inc. (OTCBB: VVIT), a specialist in the conversion of biomass and waste into renewable energy with its patented Thermal Gasifier™ technology, and Emerald Energy, LLC (www.emeraldplantations.com), a producer of proprietary high-value agricultural products for use as biomass feedstock, soil remediation, and reforestation projects, are pleased to announce that they have signed a Letter of Intent to collaborate on Closed-Loop Biomass-to-Energy projects in the US and abroad.
Under the terms of the agreement, Vista will have an exclusive license to use Emerald Energy's proprietary MegaFlora™ tree in Biomass-to-Energy projects in the Western Hemisphere, and will have the right of first refusal on any new territories where Biomass-to-Energy projects using Emerald's technology may be built in the future. MegaFlora™ trees are ideal for Biomass-to-Energy projects due to their hardiness, high density wood and rapid growth characteristics. The trees have no invasive characteristics, use very little water, and can be harvested for biomass in just three years, versus ten or more for most other hardwood feedstocks. Emerald's biomass products have been featured in the movie "FUEL," and more recently on Christian Broadcasting Network's, "The 700 Club." MegaFlora™ trees have been tested in Fresno County, California, and are currently being grown in multiple locations in the United States. The collaboration between Emerald and Vista is being established to fulfill several pending energy production contracts. The parties expect to release more specific information on these contracts in the near future.
Thomas Pfisterer, CEO of Vista, expressed his enthusiasm regarding the Letter of Intent. "Recently Vista management has placed a greater focus on partners and projects for the deployment of our next generation model of the Thermal Gasifier™. A major challenge for any renewable energy generation project is a long-term cost effective fuel supply. We believe that Emerald Energy, with their proprietary MegaFlora™ tree, will allow us to provide an end-to-end solution and usher in a new wave of renewable energy projects by having a guaranteed fuel supply for each project. The fast growth and high density characteristics of the MegaFlora™ tree will allow for greater production from less acreage, greatly increasing the profitability of closed-loop Biomass-to-Energy facilities. In essence, this agreement allows us to look at any sizeable parcel of arable land as a potential Biomass-to-Energy Project."
Ray Allen, CEO of Emerald Energy, also recognized the importance of the agreement. "We have looked at a number of efficient conversion technologies in recent years, and have found Vista and the Thermal Gasifier™ to be a superior option for conversion of the biomass feedstock generated by our trees. We are confident that the technology and personnel Vista brings to the table are second to none."
PHOENIX TECHNOLOGIES LIMITED (NASDAQ: PTEC)
"Up 25.16% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/PTEC.php
Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in core systems software products, services and embedded technologies, pioneers open standards and delivers innovative solutions that enable the PC industry's top system builders and specifiers to differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products — Phoenix SecureCore Tiano™ and Embedded BIOS® — are revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, continuity, and ease-of-use. The Company established industry leadership and created the PC clone industry with its original BIOS product in 1983. Phoenix has over 200 technology patents issued and pending, and has shipped firmware in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide.
PTEC News:
August 17 - Phoenix Announces Agreement to Be Acquired by Marlin Equity Partners for $3.85 per Share in Cash
Phoenix Technologies Ltd. (Nasdaq: PTEC), the global leader in core systems software (CSS), announced it has entered into a definitive merger agreement with affiliates of Marlin Equity Partners ("Marlin") under which Marlin will acquire all outstanding shares of Phoenix Technologies Ltd. ("Phoenix") common stock for $3.85 per share in cash (the "Marlin Agreement"), or approximately $139 million in total consideration. The Marlin Agreement was unanimously approved by the Board of Directors of Phoenix.
The purchase price represents a premium of approximately 27% over Phoenix's closing share price of $3.02 on August 17, 2010, the last trading day prior to the public announcement of Marlin's proposal to acquire Phoenix for $3.85 per share in cash, and a premium of approximately 25% over Phoenix's average closing share price for the 30 trading days ending on August 17, 2010.
Jeff Smith, Chairman of the Board of Directors of Phoenix, said, "Our agreement with Marlin provides an all-cash premium to our stockholders and reflects Marlin's strong commitment to the transaction. Throughout this process, our Board has been steadfastly committed to maximizing stockholder value and we are proud of the value we have delivered to our stockholders. We look forward to working with Marlin to ensure a smooth transition and complete the transaction as expeditiously as possible."
"The transaction with Marlin is a testament to our great employees, long-standing customer relationships and significant intellectual property, and speaks to our overall leadership position in the CSS marketplace," said Tom Lacey, Chief Executive Officer of Phoenix. "This transaction is compelling for our company, customers, partners, and employees and we look forward to benefiting from Marlin's expertise and resources as we continue to execute and deliver innovative products and solutions to our customers."
Nick Kaiser, Partner of Marlin Equity Partners, said, "We are pleased the Phoenix Board of Directors concluded that Marlin's agreement provides the best path forward for all of the Company's constituents, including its employees and valued customers. We believe that Phoenix is an outstanding company with a compelling product offering and bright future. Marlin's financial resources and operational expertise will allow Phoenix to continue to build on its market-leading position. We look forward to working closely with Phoenix's management team, employees, customers, partners and suppliers upon completion of the transaction."
The transaction is subject to customary closing conditions, including the approval of Phoenix's stockholders. There is no financing condition to the transaction.
RBC Capital Markets Corporation is acting as financial advisor to the Board of Phoenix and Morgan, Lewis & Bockius LLP is acting as Phoenix's legal advisor. Pepper Hamilton LLP is acting as Marlin's legal advisor.
Conference Call
President and Chief Executive Officer Tom Lacey and Chief Financial Officer Robert Andersen will host an investment community conference call on Wednesday, August 18th beginning at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the proposed merger transaction. To participate in the conference call, please dial 1-877-941-2321 or 1-480-629-9714. Investors may also access a live audio web cast of this conference call on the investor relations section of the Company's website at http://investor.phoenix.com/webcasts.cfm.
A replay of the webcast will be available approximately two hours after the conclusion of the call and will remain available for 90 calendar days. An audio replay will also be available approximately one hour after the conclusion of the call and will be made available through Tuesday, August 31, 2010. The audio replay can be accessed by dialing 1-800-406-7325 or 1-303-590-3030 and entering access ID number 4353359.
ABOUT MARLIN EQUITY PARTNERS
Marlin Equity Partners is a Los Angeles-based private investment firm with over $1 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries that are in the process of undergoing operational, financial or market-driven change where Marlin's capital, industry relationships and extensive operational capabilities significantly strengthens a company's outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 35 acquisitions.
HEMISPHERX BIOPHARMA INCORPORATED (AMEX: HEB)
"Up 16.18% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/HEB.php
Hemispherx Biopharma, Inc. is an advanced specialty pharmaceutical company engaged in the clinical development of new drug entities for treatment of seriously debilitating disorders. Hemispherx' flagship products include Alferon N Injection™ (FDA approved for a category of sexually transmitted diseases) and the experimental therapeutics Ampligen® and Alferon LDO™. Ampligen® represents experimental nucleic acids being developed for globally important debilitating diseases and disorders of the immune system. Hemispherx' platform technology includes agents for potential treatment of various severely debilitating and life threatening diseases. Hemispherx has an extensive number of patents comprising its core intellectual property estate and a fully commercialized product (Alferon N Injection™). The Company wholly owns and exclusively operates a GMP certified manufacturing facility in the United States.
HEB News:
August 18 - Hemispherx Biopharma Awarded $188 Million Judgment Against JCI
Hemispherx Biopharma, Inc. (NYSE Amex: HEB) announced that its six-year litigation battle with the South African investment conglomerate JCI Ltd., traded on the Johannesburg Stock Exchange, ended in victory August 11, 2010, with the entry of a $188 million judgment in Hemispherx's favor and against Johannesburg Consolidated Investments (JCI) and former JCI officers R.B. Kebble and H.C. Buitendag. Kebble and Buitendag used JCI Ltd. to pull off what South African authorities have called the largest financial fraud in that country's history, engaging in numerous acts of securities fraud. As stated in Hemispherx's complaint, this included the illegal attempt to take over and pillage Hemispherx.
Founded in 1889, JCI is one of the oldest companies traded on the Johannesburg Stock Exchange. According to JCI's published corporate profile: "The Company, became firmly established as one of the world's giants of development, diamonds, gold and platinum. JCI's strategic intent is to build on the foundations it has already laid as a specialized and important finance and development house, with its core investments in the mining sector."
Hemispherx sued JCI based upon allegations that JCI's former Chairman, Kebble, had targeted Hemispherx for an illegal takeover attempt. JCI intended to add Hemispherx to a list of companies pillaged by Kebble. It has now been established in South Africa that Kebble was the mastermind of an international scheme that saw dozens of small companies taken over and looted. Kebble's series of securities frauds, preying upon smaller companies, was eventually exposed and a criminal indictment for these acts was issued by the South African government against both Kebble and Buitendag. Kebble was shot to death gangland-style in Johannesburg. Buitendag was later convicted in South Africa for securities fraud.
The judgment entered August 11, 2010, marks the conclusion of the federal lawsuit first filed in late 2004 against JCI. Hemispherx was represented by The Equels Law Firm and Colson Hicks Eidson, both well established Miami trial firms.
Hemispherx is committed to pursuing JCI to the fullest extent possible. "We intend to move aggressively to domesticate the judgment in South Africa and elsewhere in an effort to collect on the judgment," said Thomas K. Equels, trial co-counsel and Hemispherx's General Counsel. "While JCI is one of South Africa's largest companies, this judgment shows that there are consequences for such egregious misconduct. JCI is not above the law."
Equels stated "First I want to compliment our excellent trial team of Bob Martinez, Paul Huck, Jud Orrick and Stan Chapman, as well as our forensic accounting expert, Stewart Appelrouth CPA. For six years the JCI defendants did everything they could to deflect responsibility for their gross misconduct. Without this lawsuit bringing JCI's misconduct to light in 2004, these financial predators would have taken over and destroyed Hemispherx, as they did to so many other companies. After JCI lost on appeal and then lost on a subsequent motion to dismiss, JCI ignored or violated various Court orders. United States District Court Judge James Lawrence King then entered a default on liability and conducted a one day trial to assess damages. After deliberations, he entered the $188 million dollar judgment."
STRATTON HOLDINGS INCORPORATED (OTC: STHG)
"Up 14.63% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/STHG.php
Stratton Holdings was formed in 2008 and makes equity and equity-related investments in companies that require expansion capital. Also if necessary a restructuring of the company in the direction of viability and expansion. Stratton Holdings Inc. as a holding company, is in a formation stage which will focus on holdings obtained through reverse mergers, acquisitions, joint venture partnerships, Distressed Properties, and leveraged buyouts: Stratton Holdings Inc. is a Pinksheet-listed holding company focused on value-added real estate acquisitions, including real estate foreclosures, real estate investment and operating companies, and joint venture investments. As a holding company, Stratton Holdings Inc. will acquire real estate for the purpose of generating leasehold, lodging and sales revenue through the establishment of subsidiaries in the form of limited liability companies ("LLCs").
STHG News:
August 16 - Stratton Mobile Discusses Upgrades and Next iPhone Application Launch
Stratton Holdings, Inc. (OTC: STHG), a holding company specializing in creating value through their subsidiaries, announces that their Stratton Mobile subsidiary has recently renamed their flagship "Portfolio Feed" mobile application to "Stock Portfolio Feed," which better reflects their ongoing commitment to make "Stock Portfolio Feed" the most 'cost-effective' and 'content-rich' trading/investing mobile app on the smart phone market.
Eric Stratton Racheff, President of Stratton Holdings, Inc., explains, "Along with our recently completed name change to 'Stock Portfolio Feed,' we are nearly completed with the development and implementation of a stock quote service upgrade, to be immediately included in 'Stock Portfolio Feed's' unique news alert notification service. By adding stock quotes to our 'Stock Portfolio Feed' application we now deliver subscribers richer content and more value. In addition, it opens the door to thousands of users who all need stock quotes. This should continue to solidify our already established 5-Star user review rating on 'Stock Portfolio Feed.' In addition to the stock quote service, we have nearly quadrupled the number of news feeds into the application, meaning more and more content for the user.
"Our goal is to continue upgrading 'Stock Portfolio Feed' with more enhanced content functional tools like live level II feeds, which we're already in talks with a live feed provider on, to ultimately succeed in making 'Stock Portfolio Feed' the most unique, content-rich, user-friendly and cost-effective trading/investing mobile app on the market.
"Our developers are also nearing completion on the development of Stratton Mobile's 'MySlide' app which will be submitted onto the iPhone app market this week. 'MySlide' is a puzzle game which allows the user to take their own mobile phone pictures and slide them around in challenging puzzle and collage formats. We're very confident that 'MySlide' will have wide market appeal across the entire global demographic due to its innate personal nature and functionality.
"In closing, I will also confirm that there have been no changes whatsoever in Stratton Holdings, Inc. share structure since our last official filing to OTC Markets as we continue with our ongoing efforts to embrace full transparency moving forward with our new era of growth. Stratton Holdings, Inc. and our subsidiaries continue to have a number of material developments forthcoming over the balance of this 3rd Quarter and I look forward to keeping the market abreast of our ongoing new results in a timely manner," CEO Stratton concluded.
STRATEGIC MARKETING & OPPORTUNITY CORP. (OTC: SMPP)
"Up 20.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SMPP.php
SMO Multimedia Corporation offers application and software development and integration services to shopping centers, airports, and kiosk development companies. The company offers kiosk networking, multimedia design, Web development, and information aggregation services. SMO develops point of sale and Internet enabled services package that includes interactive mall directory, gift certificates and gift registries, sales events, e-coupons, mall affinity programs, and debit and cash cards. The company is based in Everson, Washington.
SMPP News:
August 17 - Strategic Management & Opportunity Corporation Announces Potent Product Line for its Video Sales Platform
SMPP Profiles Pivotal VSP Attributes
Strategic Management and Opportunity Corporation (OTC: SMPP) announces its initial product line for the company's flagship Video Sales Platform (VSP). VSP is a powerful hybrid of marketing and technology developed by Strategic MPP to revolutionize digital sales for the Internet Yellow Pages industry and beyond. VSP uses a simple yet dexterous video component as the foundation for an abundance of features for both the company and their prospective customers.
CEO, Julienne Audette, a veteran of both video production and Internet Yellow Pages, says the focus of the product-line is "a streamlined approach to online video ad production which is both cost-effective and user-friendly for customers, regardless of whether they are tech savvy or web-challenged; and for the company altogether profitable with attractive margins due to the allowances provided by our in-house IP, contracted local crews and overall industry demand."
Strategic's VSP offers four core products: a 15-second video spot, a 30-second video spot and a 60-second video spot, which fall under the ViP module and a unique ViM 60-second video spot. "The ViP is done completely online," states Audette. "Once the advertiser has purchased a ViP, the highly intuitive technology on our website walks them through the process of providing our editors with everything we need to make their video, they even get to choose their own voice talent from our talent pool on the site," Audette says. "It's a highly effective, cost-efficient measure which carries a company from dull text to dynamic spotlight."
The ViM is a full service, on-location shoot. "Our Project Management team works with the client (business owner) and our camera operator to line up the on-location shoot. The process is very simple and an effective shoot only takes an hour or two per location. It's all about making it as efficient as possible, which, in our case, translates directly to profitability. We aim for a 48 hour turnaround from when we have footage gathered to a fully produced & cut online 60-second spot," states Audette.
Strategic MPP is putting the customer first, with the idea that it will organically attract the mass majority of business owners out there that fit into three categories: those too busy to push through a high-tech learning curve, those that choose to take a hands-on approach and those with a limited budget looking to boost their online profiles.
Audette comments, "There are video creation websites out there that let people make their own ads, which creates a lot of inconsistency in the quality of online ads. There are also full production houses that are expensive and take a lot of time to produce. Strategic MPP has created an IP porridge that Goldilocks would say is 'just right!'" says Audette. "Simplicity and high production value are key factors in attracting business for VSP. Our production turnaround and resources are both compelling for small business marketers and simple enough to be user-friendly. For anyone that takes showcasing their business online seriously and is ready to take it to the next level with video advertising, VSP is the platform for them."
According to Audette, streamlining the video production process and adhering to strict quality guidelines really sets VSP apart from the competition on the production side of the site. "What we learned through working on larger projects is that we could create a more efficient process for video production that also serves as a powerful sales tool, all without sacrificing quality," Audette says.
She goes on to explain that there is a cornucopia of tech-talented people willing to ensure VSP delivers on its promises. "We are in the process of renewing some 1200 contracts with Camera Operators and Editors around the nation," said Audette. "Once the platform is complete, camera operators, editors and voice talent from anywhere in the country will be able to test right on the site to see if they qualify to be one of our contracted production people. These savings go directly toward Strategic MPP revenues."
The company has already garnered interest from prospective clients with an LOI in place for an engaging digital coupon component. In the meantime, "It's all back-end and creative work, but we're set to launch in the near future with full tanks and plan to release screenshot and additional components with inherent qualities that we are confident will facilitate profitability and position Strategic MPP as a market leader in our industry," concludes Audette.
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