For Thursday, September 2nd
KORE, IFXY, SMNG, AQUM
KGRI, CYSG, MMTE, EYSM, DGMA, AOGN
Our Stocks to Watch today include Kore Nutrition Inc. (OTCBB: KORE), Infrax Systems Inc. (OTCBB: IFXY), Strategic Mining Corp. (OTC: SMNG), Aquamer Medical / Aquamer Urban Agricultural Corp. (OTCBB: AQUM), The Kiley Group Inc. (OTC: KGRI), Cape Systems Group Inc. (OTC: CYSG), Mammoth Energy Group Inc. (OTC: MMTE), Elysium Internet Inc. / TheDirectory.com (OTC: EYSM), Degama Software Solutions Inc. (OTC: DGMA) and Avalon Oil & Gas Inc. (OTCBB: AOGN).
FEATURED COMPANY
KORE NUTRITION INCORPORATED (OTCBB: KORE)
Detailed Quote: http://www.otcpicks.com/quotes/KORE.php
Company Profile: http://www.otcpicks.com/Kore-Nutrition.htm
Kore Nutrition Incorporated and the Company's wholly owned subsidiary, Go All In, Inc. is committed to producing premium energy drinks and an advanced purified water to suit the demands of the fast moving world of everyday life. Unlike traditional energy drinks, which can lack great taste and create energy ups and downs, ALL IN Energy is a premium product without sugar, carbs,or excess calories. Alternatively, it uses herbs, vitamins and amino-acids to provide a smooth, sustained sharpening of focus and pure energy. It comes in three unique and delicious flavors: Citrus, Grape, and RootBeer and now AcaiBerry.
KORE News:
September 2 - SectorWatch.biz: An Energetic Chorus of Optimism
Despite the roller coaster economy of the past two years, the energy drink market has fared rather well according to several recent industry reports. According to a report titled Comprehensive Reviews in Food Science and Food Safety, Energy Drinks Dominate the Functional Beverage Market in the U.S. and since its introduction in 1997, the energy drink market is the fastest growing segment in the beverage industry.
This comes on the heels of a report from Mintel's Global Market Navigator (GMN) noting that energy drinks in particular have experienced impressive growth of more than 240% in the United States, as well as abroad, from 2004 to 2009. In addition, the U.S. energy drink industry is expected to more than double reaching an astounding $19.7 billion by 2013, an increase of almost 160% since 2008, according to Datamonitor.
Earlier this week, Cohen Independent Research Group, Inc. ("Cohen") initiated coverage of Kore Nutrition Inc. (OTCBB: KORE) with an initial price target of $10.50. Kore's wholly-owned subsidiary, ALL IN™ Energy Drink, is a premium sugar free product, with no carbohydrates, and less than 10 calories per can. ALL IN™ Energy uses herbs, vitamins and amino-acids to provide a balanced and sustained sharpening of focus and pure energy.
This bullish trend should be most welcomed by investors of energy drink equities like Kore Nutrition. With the flurry of potent announcements streaming from beverage industry analysts recently investors may indeed find that it's time to examine Kore Nutrition at a price discounted to recent highs and amid a chorus of energetic optimism.
ALL IN Energy establishes ALL IN Asia Licensee
Kore Nutrition Incorporated (OTCBB: KORE) ("Kore" or the "Company") and the Company's wholly owned subsidiary, Go All In, Inc. ("ALL IN"), have announced the establishment of their new Asian Licensee, ALL IN Asia.
ALL IN Asia is headed by Mr. Desmond Liew, an experienced and highly capable marketing and distribution expert in Asia. ALL IN Asia will manage the rollout of ALL IN Energy products throughout the important markets of Mainland China, Hong Kong, and Korea initially, then expand distribution throughout the rest of this region over time.
The Asia Pacific region accounts for an estimated 30% of worldwide energy drink consumption. According to Zenith International, the worldwide beverage consumption analytical firm, annual beverage consumption growth projections through 2010 in Asia will be, on average, 12% - 14%, and projected to continue at this level through 2015.
ALL IN Asia will be an integral component of the strategic development of high quality ALL IN products with a view to increasing company profits, brand awareness, and shareholder value.
ALL IN Energy products will be custom designed to appeal to Asian consumers across all demographics but with special consideration towards an increasingly prevalent poker and casino culture. Consumers in this market are expected to immediately identify with ALL IN's brand focus of safely providing a sustained level of energy, focus, stamina, sharpness of mind and memory, and immune system support, during times of extreme competitive pressure, as well as for the everyday demands of life.
ALL IN Asia will focus on sales and distribution to on-premise hotel casinos, private casinos and betting houses in addition to off-premise retail outlets and neighborhood markets all over China, such as Lotus Supermarkets and Carrefour stores.
Initially, ALL IN Asia products will be manufactured in the U.S. and shipped by ocean vessel to key Asian ports near the Company's distribution operations. When ALL IN Asia sales have achieved a predetermined level, ALL IN Asia will seek out and contract local manufacturers, eliminating the costs of ocean freight, which is expected to thus exponentially increase profits.
ALL IN Asia sales are projected to be significant due to the sheer size of the market, an exploding trend of energy drink consumption in Asia, and aggressive distribution partners. Asia sales are expected to increase the Company's profits significantly.
September 1 - ALL IN Energy Completes Distribution Agreement for the United States
Kore Nutrition Inc. (OTCBB: KORE) ("Kore" or the "Company") and the Company's wholly owned subsidiary, Go All In, Inc. ("ALL IN"), are pleased to announce the appointment of LMB Sales Inc. ("LMB Sales") to represent and market ALL IN products throughout the Western United States, which is the Company's initial focus territory, as one of the Company's initial key distributors.
LMB Sales, located in Murrieta, California, has strong relationships with some of the largest and most well-known retail distributors in the U.S. and has a significant track record of success in marketing and representing new retail brands and products. Retail store chains such as Kroger, Walgreens, 7-Eleven, Costco, and Walmart will be the Company's first priority for distribution, with additional well-known regional and national accounts to be added.
David Powley, ALL IN's President and CEO, commented that the key to successfully penetrating markets is through the strength of a company's distributor's relationships.
"LMB Sales has significant relationships with some of the largest retailers in the United States", said Powley, "which will enable ALL IN's healthier alternative energy drinks to quickly become a household name to the millions of beverage consumers."
LMB Sales will play an integral role in ALL IN's North American marketing and distribution plan over time. Through specialty food distributors, such as U.S. Foods, Coremark, and Sodexo, ALL IN products will initially be available in casinos and retail outlets across California, Nevada and Arizona. Utilizing the extensive LMB Sales network, ALL IN will first build up sales through on-premise casino property distribution in these three states and then further this effort by expanding to retail store outlets within close proximity to each casino hub. With nearly 1500 casino and casino hotel properties between them, in addition to numerous gambling parlors, poker rooms, and off/on track betting venues, the states of California, Nevada and Arizona have been identified as prime markets to expand the ALL IN brand in North America.
Access to ALL IN products via both on-premise and off-premise sales channels is expected to build brand awareness and consumer loyalty, leading to increased revenue and shareholder value.
FEATURED COMPANY
INFRAX SYSTEMS INCORPORATED (OTC: IFXY)
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 26 - Infrax Systems Retains Vivid Infusion for Global Rebranding Campaign
Tampa-Based Firm to Provide Infrax With Integrated Marketing and Contemporary Digital Communications Solutions
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 company has retained the services of Tampa, Florida-based Vivid Infusion to rebrand the Infrax global image through integrated marketing campaigns and contemporary digital communications solutions.
"Infrax Systems is pleased to retain Vivid Infusion to rebrand our organization as we target critical Smart Grid security applications throughout the world," states Paul J. Aiello, President & CEO, Infrax Systems, Inc. "We are extremely excited about the future growth opportunities for Infrax Systems and will use our rebranding campaigns to educate global Utility companies, about the power our Smart Grid solutions possess to secure the future!"
Key elements of the Infrax rebranding campaigns include a contemporary, informational and interactive website, hard-hitting strategic public relations, aggressive Utility-industry trade event participation as well as through creative digital communications. System security is a vital component and a critical element to ensuring complete Smart Grid performance. Through the corporate rebranding campaigns, Infrax will provide utility companies and their customers, comprehensive communications and management solutions for global Smart Grid applications.
"Vivid Infusion is honored to be chosen for the global rebranding of Infrax Systems," said Thomas Nagy, President of Vivid Infusion. "Infrax Systems has a very dynamic suite of secure Smart Grid solutions for the Energy and Utility Industry. On behalf of our management team, we look forward to proudly developing the Infrax brand identity to ultimately be recognized as the leader in secure global utility communications."
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 31 - Strategic Mining Places Order for Tracked Diamond Core Angular Drilling Rig for Its Vietnamese Gold Property
Strategic Mining (OTC: SMNG) announced that it has made arrangements to purchase a Boart Longyear LF 70 diamond core angular drill rig. The company plans to begin this fall the drilling program outlined by company geologist, Hassan Alief, in the 43-101 report.
The acquisition of the LF 70 diamond core drill rig on a Morooka track system is an important step for the continued development of the Ba Dinh gold property in Vietnam. The completion of the drilling program is necessary to define the gold reserves and to give the exact locations where to begin the mining operations.
The LF 70 will be the first angular core drill rig in Hoa Binh Province and the company has received strong support from the Vietnamese Government for bringing the latest angular core drilling technology to the region.
President, Todd Sterck, commented: "The new drilling rig will enable the company to work throughout all seasons and to initiate drilling programs in previously inaccessible areas."
FEATURED COMPANY
AQUAMER MEDICAL CORPORATION (OTCBB: AQUM)
(Company will soon be changing its name to Aquamer Urban Agricultural Corporation)
Detailed Quote: http://www.otcpicks.com/quotes/AQUM.php
Company Profile: http://www.otcpicks.com/Aquamer-Urban-Agricultural.htm
To conduct its urban indoor farming business, Urban Agricultural will be utilizing TerraSphere's proprietary system of vertically stacked growing trays that precisely controls light, temperature, water and nutrition to grow fruits and vegetables indoors. These systems are automated, software driven and sensitive to environmental concerns.
Aquamer believes that the market for urban indoor farming is significant. It is estimated that by the year 2050 the world's population will increase by an additional three billion people to well over nine billion inhabitants, with as much as 70 percent of the world's population living in cities or urban areas by 2050, up from 49 percent today. Considering that only about 10 percent of the earth's land is arable, and that more than 80 percent of this agriculturally suitable land is already being exploited, it is projected that there will not be enough horizontal growing space to feed this substantially increasing population. For decades, humans have increasingly sought the economic and physical protection offered by urban centers, but our food production has primarily remained outside these locations where it is subject to the whims of the environment. Urban indoor farming offers the promise of feeding an increasingly hungry world in a highly productive and environmentally friendly manner.
Urban Ag's goal is to promote the sustainable consumption of natural resources through clean technologies, to demonstrate environmentally and socially responsible business practices and to provide good jobs to empower a diverse community-based workforce while at the same time creating shareholder value. Urban Ag's farming activities will offer consumers a healthy, local, sustainable, eco-friendly alternative to large-scale industrial farming, which is highly dependent upon the use of agricultural fertilizers, herbicides and pesticides that may be harmful to consumers and both the agricultural products themselves and also the environment in which they are grown. TerraSphere has provided data showing that its patented vertical farming technology reduces water consumption through a highly efficient closed loop design that requires up to 75 percent less water than conventional field agriculture watering practices. Using these techniques, Urban Ag expects to be able to produce over 50 pounds of product per square foot per year, utilizing a short growing cycle of approximately 42 days versus 50 days for average greenhouse production and as compared to up to 70 days for traditional farming methodologies.
Vertical farming offers a solution for increasing fruit, produce and herb production due to the high density production providing for a much reduced physical footprint and fewer resources relative to field agriculture. Vertical farming systems have the potential for increasing urban food supplies while decreasing the ecological impact of farming including a smaller carbon footprint due to the reduction in fuel required transporting product across the country. Urban Ag's system of pesticide and herbicide free production with closed loop systems that conserves water provides significant potential for the realization of environmentally sustainable urban food production.
AQUM News:
August 17 - Aquamer Medical Corp. Announces Press and Investor Conference, NASDAQ MarketSite, Times Square
Media and Analysts Invited to Attend: CEO to Present Acquisition of Urban Agricultural, Corporate Directions and Exciting Future of Urban Farming Technology
Aquamer Medical Corp. (OTCBB: AQUM) ("Aquamer") announced a Media and Investor Conference. This conference follows on Aquamer Medical Corp.'s recent announcement of their acquisition of Urban Agricultural Corp. ("Urban Ag"), a privately owned company.
When: August 19, 2010, 1:00 PM EDT
Where: NASDAQ MarketSite, 4 Times Square, New York, NY
RSVP required for building security: E-mail
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
or call (917) 680-6011.
Aquamer intends to refocus its corporate energies and to rapidly expand Urban Ag's business of urban indoor farming, the environmentally friendly and sustainable urban production of healthy agricultural products under highly controlled, indoor conditions using advanced techniques and processes.
Senior executives will be available for interviews before and after the video conference. Please contact Bradley Smith, above, to schedule.
STOCKS TO WATCH
KILEY GROUP INCORPORATED (OTC: KGRI)
"Up 100.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/KGRI.php
The Kiley Group, Inc. is located in the heart of the Dallas, TX metroplex. The Company specializes in assisting small to medium sized companies prepare for and take their companies public. Additionally, in select situations the Company will merge or acquire companies into The Kiley Group. The company has three components: executive consulting services, public offerings consulting, and mergers & acquisitions. The Kiley Group depends heavily on building strong relationships with the management team in the companies with whom it works and depends on those relationships to assure that it creates a "win-win" situation between the Company and its clients. The Company's goal is to evaluate each business situation separately and find the best solution for its clients based on their unique requirements.
KGRI News:
September 2 - KGRI Issues 1st Quarter Financials With a Significant Increase in Company Assets
The Kiley Group, Inc. (OTC: KGRI) announced the release of its first quarter financials that show a marked increase in the assets of the company. The company stated that this was the first step in raising the proper amount of funds needed to develop the company's business plan. The company further stated that they expect their assets to continue to grow when second quarter numbers are released.
"Although we are currently able to provide services on a limited scale, we believe that as we build our asset base the company will be able to expand into several new areas," stated Mr. James Martin, the President elect, who will be leading the company starting on July 16, 2010. "As we release more information on these assets, and if they continue to grow, it will give The Kiley Group, Inc. the much needed flexibility to expand into areas that we believe have very high future potential. We are very excited about this important change in the Company's financials."
CAPE SYSTEMS GROUP INCORPORATED (OTC: CYSG)
"Up 100.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CYSG.php
CAPE Systems is an international provider of supply chain management technologies. CAPE Systems offers a comprehensive range of software systems and tools, from packaging and pallet optimization software, RFID asset tracking, to integrated warehouse and inventory management solutions, pick-to-light systems, and transportation management systems for enterprise wide and collaborative supply chain optimization.
CYSG News:
September 2 - Thomas W. Janes Joins CAPE Systems Group, Inc.'s Board of Directors
Taking another key step in bringing on broadly experienced managers to help restore and guide its growth, Cape Systems Group, Inc. (OTC: CYSG), a leading provider of supply chain execution technologies and services, announced that Mr. Thomas W. Janes has joined its Board of Directors, effective immediately. Mr. Janes brings a wealth of experience at both the operational and the board levels of both private and public technology companies.
Thomas Janes is founder and Chief Executive Officer of Kerry Capital Advisors, Inc. (www.kerrycapital.com), a private investment company. Mr. Janes has a 25-year track record of successfully working with management teams in the middle market. Prior to founding Kerry Capital Advisors, he was a Managing Director of Lincolnshire Management and head of Lincolnshire's Boston office where he served as a member of the board of directors of a number of Lincolnshire's portfolio companies, from 2003 to 2010. Prior to Lincolnshire, Mr. Janes was a co-founder and Managing Director of Triumph Capital Group, where he served as a senior member of a private equity team that successfully sourced and managed approximately $900 million in private equity capital. Before entering the world of private equity investing he was an investment banker at Drexel Burnham, First Boston, and Lazard Freres & Co., where he led numerous corporate finance and merger and acquisition transactions. He has an AB degree with honors from Harvard College and MBA from Harvard Business School.
"I am delighted to join the CAPE Board. This is an exciting and challenging time for technology companies generally and software companies especially. There is a huge business opportunity for CAPE, and we will have to move deliberately to capitalize on it," said Mr. Janes. "I look forward to a bright future for CAPE and am committed to helping senior management deliver value to our shareholders."
Hugo Biermann, Executive Chairman of CAPE, said, "We welcome Tom to our Board. His experience as a director as well as a private equity investor in a wide array of companies is a real benefit for CAPE, its employees and its shareholders. We all look forward to Tom's contributions as a new member of our Board. As CAPE returns to growth, it will be key to ensure depth of management at all levels in the Company. Tom's experience in both private and publicly traded companies across a broad spectrum of businesses will be an invaluable asset."
MAMMOTH ENERGY GROUP (OTC: MMTE)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MMTE.php
Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
MMTE News:
September 1 - Mammoth Energy Group Signs Second Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga
Mammoth Energy Group Inc. (OTC: MMTE) announced that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium — potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
ELYSIUM INTERNET INCORPORATED (OTC: EYSM)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EYSM.php
Elysium Internet is a next generation new media Company. The Company is building a direct navigation based Internet advertising network. Elysium builds targeted professional directories over category-killer Dot Com and Dot Net domain names such as Podiatrists.com, Psychiatrists.com, Pediatricians.com, Dietitians.net, Therapists.net and others.
EYSM News:
August 19 - Elysium Debuts DentistAppointments.com With Over 140,000 Local US Dentists
Company Nears Opening of New National Sales Center
Elysium Internet, Inc. dba TheDirectory.com (OTC: EYSM) announced the long anticipated debut of its free, zip-code driven, local dentist directory www.DentistAppointments.com. The local site is free to users and provides accurate, rich content for dental patients looking for a doctor in their own neighborhood.
EYSM CEO Scott Gallagher commented, "www.DentistAppointments.com is now live with over 140,000 US-based dentists as we continue to expand the reach of our local search network. In addition, the Dentist category has now been added to our local search engine www.TheDirectory.com. Our local search platform provides a convenient, easy-to-use service that is equally beneficial to both the patient and the dental services provider."
Mr. Gallagher commented on the status of Elysium's new sales center scheduled to open in September, "We've retained the top sales recruiter in the southeastern United States to assist our search for a top level sales executive to lead our new sales center. We hope to have this key position filled shortly. The local Internet advertising market continues to experience high double digit growth rates. We're both excited and anxious to get the new sales center up and running to take advantage of the tremendous opportunity."
Elysium continues to actively prepare all of its outstanding financial statements in its effort to become a fully reporting Company once again.
DEGAMA SOFTWARE SOLUTIONS INCORPORATED (OTC: DGMA)
"Up 52.17% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DGMA.php
Degama Software Solutions, Inc. is a leading edge technology company that develops and markets proprietary location based software solutions and applications for consumers and businesses. The company builds applications, or "apps" to make it simpler and more enjoyable for people to share information and get things done together. In a vast world, Degama helps people navigate through their days and travels while at the same time staying connected to their friends, family and the world.
DGMA News:
August 31 - Degama Software Solutions Projects Minimum of $32M in Revenues Through 2011
DGMA to Learn 'Gross Profits' in Several Different Languages
Degama Software Solutions, Inc. (OTC: DGMA) announces 12 month projections of $32 million based on its initiatives summary as it prepares for Q4.
CEO Seijin Ki comments, "Our revenue streams for the next twelve months comes from our co-development deals with different partners worldwide. Including an active, multi-lingual expansion of our core product, VascoNow™, as well as exclusive IP licensing rights worldwide, we are confident that Degama Software Solutions will exceed projections of $32M in gross revenue over the next 12 months." He continues, "This does not include an exciting new development to be announced soon, which will be deployed by the end of this year, which accounts for $7m of the $32m figure. We are confident these projections are conservative and based only on extensive blueprints in market proven sectors and regions, globally."
The Degama Software Solutions model is well-anchored by its flagship Application, the English-speaking version of VascoNow™. Degama's primary core IP is its Geolocation software which powers the VascoNow™ App. Geolocation software has several applications with a decidedly promising future, according to several key industry experts and financial sources.
According to Wikipedia, Geolocation technology is already widely used in multiple industries, including e-retail, banking, media, online gaming and law enforcement, for preventing online fraud, complying with regulations, managing digital rights and serving targeted marketing content and pricing. It's used for Criminal investigations, fraud detection, regional licensing, marketing, social networking, emergency response systems among many other uses.
Some of the most progressive evidence of growth is the exponential increase in global partnerships involving Degama's VascoNow™. Currently the company is in discussion with or under Agreement with strategic partners in respective countries/regions for VascoNow development in various languages including Korean, Japanese, Spanish, Hindi and French, among others.
Ki illustrates, "The overall strategy, which we feel to be a presage for aggregate success, is this: Degama will license our VascoNow™ Application and our Geolocation-based software at no cost to our partners worldwide; in turn, they will develop a VascoNow version in their native language. From there, they will work with our global marketing team to manifest a unified brand and also leverage our different geographical locations to create a global advertising campaign for Multinational companies and we will share all revenues from these territories."
Company executives calculate DGMA revenues to nearly triple by Q3 2012 and will be releasing detailed projection breakdown in the near future, after the announcement of an exciting development utilizing its software in the profitable gaming sector with potential distribution outlets worldwide.
AVALON OIL & GAS INCORPORATED (OTCBB: AOGN)
"Up 107.32% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AOGN.php
Avalon Oil & Gas, Inc. engages in the acquisition of producing oil and gas properties in the United States. It holds 50% working interest in the J.C. Kelly wellbore, a 121.9 acre lease in Wood County, Texas; the E.A. Chance wellbores, a 40 acre lease in Camp County, Texas; 50% working interest in the Dixon Heirs, Deltic Farms and Timber, the Gunn wells, and associated units and leases, in Miller County, Arkansas; 10% working interest in 13 wellbores located in Upshur County, Texas; 25% working interest in a six well production property located in Grant Parish, Louisiana; and 15% working interest in the Janssen prospect in Karnes County, Texas. The company also holds 20% interest in the Talora Block and 15% interest in the Mecaya Block. Avalon Oil & Gas, through its subsidiaries, owns licenses for the mitigation of paraffin wax deposition from crude oil using ultrasonic waves; borehole casing technology; and to a system for determining the presence and location of leaks in underground pipes. Avalon Oil & Gas, Inc. has a strategic alliance with UTEK Corporation to develop a portfolio of new technologies for the oil and gas industry. The company is based in Minneapolis, Minnesota.
AOGN News:
August 20 - Avalon Oil & Gas, Inc. Announces That Rene Hausler has Joined Its Board of Directors
Avalon Oil & Gas, Inc. (OTCBB: AOGN) (the "Company" or "Avalon") announced the addition of lic. phil. Rene Hausler to its Board of Directors.
Based in Amriswil/Switzerland, Mr. Hausler, a Political and Business Consultant, is Chairman of the Board and Managing Director of all companies of the L'Avenir Group. He also serves as Chairman of the Board of Bowl Construction AG, Member of the Board of ProgressNow!invest AG, a SIX-listed private equity investment company, and is a member of the Board of Directors of ThaiSwiss SME-Industrial Center Ltd., Pranburi, Thailand, and of Sempre-Automaten AG and Theracon AG in Switzerland. His background includes Assistant to the Managerial Committee and Head of several departments for Bank Sogenal. He also served as a member of the military-diplomatic Swiss delegation to the Neutral Nations Supervisory Commission (NNSC) in Korea, as liaison officer to the UN High Command and the Government of South Korea.
Mr. Hausler has a Master's degree in history, political science and constitutional law from the University of Zurich/Switzerland. From 1995 – 1999 he was also a guest lecturer at the Chulalongkorn University in Bangkok (Thailand). He has published two books and numerous articles on political psychology, economy and stock markets.
Mr. Hausler is an experienced equity investment professional with a wide range of public company and private equity expertise in international markets for commodities, mineral exploration, biotechnology, and software. "I am thrilled to join Avalon at this exciting time in the company's development, and assist the Company in fulfilling its business plan of acquiring and developing oil and gas producing properties as well as representing the interests of the European shareholders and bringing in their ideas also," he said.
"We are delighted to add Rene to our Board of Directors," said Kent A. Rodriguez, President of Avalon Oil & Gas. "His investment banking experience will assist us to raise the capital we need to expand our portfolio of oil and gas producing assets, and our oil and gas enhancement technology portfolio," added Rodriguez.
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