For Friday, December 23rd
EFIR, NEGS, RMBS, GOHG, MCLN, APRU
Our Stocks to Watch today include EGPI Firecreek Inc. (OTCBB: EFIR), NX Global Inc. (OTCBB: NEGS), Rambus Inc. (NASDAQ: RMBS), WorldWide Wireless Inc. (OTC: GOHG), MedClean Technologies Inc. (OTCBB: MCLN) and Apple Rush Company Inc. (OTC: APRU).
STOCKS TO WATCH
EGPI FIRECREEK INCORPORATED (OTCBB: EFIR)
"Up 42.86% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EFIR.php
EGPI Firecreek, Inc.'s business and acquisition strategy is focused on producing oil and gas. The Company puts emphasis on acquiring existing fields with proven reserves or by the rehabilitation of oilfields with potentially high throughput. Through its wholly owned subsidiary Energy Producers, Inc., it acquires resource properties and inventories. Through its wholly owned subsidiary Chanwest Resources, LLC it operates as an oil and gas service business. EGPI Firecreek, Inc. is also planning to expand into producing energy through alternative energy sources through their recently acquired Arctic Solar Engineering subsidiary.
December 1 - EGPI Firecreek, Inc. to Immediately Begin Fracing Procedures on First of Two West Texas Oil Wells
EGPI Firecreek, Inc. (OTCBB: EFIR) announced that they have received confirmation from Success Oil and their contracting sources that the fracing procedures for the first of their two West Texas oil wells will immediately begin this weekend.
The first procedure slated to begin on Sunday December 4th will start with the Crawar #2 well on the J.B. Tubb lease. The fracing process will penetrate the lower clearfork reservoir from the well which has a geological composite of dolomite. Dolomite is a very hard and course material which must be frac'd in order to extract commercial quantities of hydrocarbons and natural gas. Because the Crawar #2 well has never been frac'd, the company anticipates excellent results from the implementation of this procedure.
Fracing (pronounced FRACK-ing) is a term for a fracturing process which is a method of stimulating oil production by opening new flow channels in the formation surrounding a production well. Under extremely high hydraulic pressure frac fluids, in this case 100,000 gallons of water and 1,000 gallons of 15% hydrochloric acid, will be pumped downward through production tubing or drill pipe and forced out below a packer or between two packers. The pressure causes cracks to open in the formation, and the fluid penetrates the formation through the cracks. 100,000 pounds of 16/30 grade sand and 20,000 pounds of 16/30 Hexion SiberProp curable resin coated sand grains (propping agents) will be carried in suspension by the fluid into the cracks. When the pressure is released at the surface, the fracturing fluid will return to the well and leave behind the propping agents which will hold open the formation cracks and theoretically help to increase oil and natural gas production. Normally an increase in production will be noticeable within the first 30 days of the fracing procedure.
As previously announced, EGPI Firecreek, Inc. recently completed a traditional oil industry based debt financing arrangement amongst the partners in order to raise close to $500,000 . These monies have been slated specifically for the fracing of two oil and gas wells which the company believes will benefit the most from increases of oil and gas production.
NX GLOBAL INCORPORATED (OTCBB: NEGS)
"Up 16.67% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NEGS.php
NX Global, Inc. engages in renewable energy activities in the United States. It operates in three divisions: Renewable Energy Project Management, Renewable Energy Product Sales, and Green Internet Technologies. The Renewable Energy Project Management division provides project management and marketing services to solar/thermal, bio-fuels, and waste to energy project owners. Its projects include bio-fuel from algae and from pyrolisis of tires, pyrolisis of municipal solid waste to energy, and combination operations of solar/thermal and animal waste pyrolisis. The Renewable Energy Product Sales division markets products produced from the other divisions, such as algae oil for fuel and its biomass for nutraceutical and animal feed to recyclers and other businesses, as well as lighting and water systems for commercial structures. The Green Internet Technologies Service and Training division offers green social networking products and services, and training for new technology development and certification in the virtualization and cloud computing markets. The company was founded in 1995 and is based in Austin, Texas.
October 27 - NX Global, Inc. Announces Corporate Action
NX Global, Inc. (OTCBB: NEGS) announced that a reverse split of its common stock 1:100 will be effective at the market open October 28, 2011 and trade under the symbol NEGSD for twenty business days before reverting to NEGS.
The company also announced that a joint venture previously announced with the United Women's Football League was terminated by the company.
NX Global, Inc. is negotiating for joint ventures and acquisitions with "green" businesses and products. These agreements are expected to be completed in November.
RAMBUS INCORPORATED (NASDAQ: RMBS)
"Up 15.03% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/RMBS.php
Founded in 1990, Rambus is one of the world's premier technology licensing companies. As a company of inventors, Rambus focuses on the development of technologies that enrich the end-user experience of electronic systems. Its breakthrough innovations and solutions help industry-leading companies bring superior products to market. Rambus licenses both its world-class patent portfolio, as well as its family of leadership and industry-standard solutions. Rambus has offices in California, North Carolina, Ohio, India, Germany, Japan, Korea, and Taiwan.
December 22 - Rambus and Broadcom Sign Patent License Agreement
Agreement covers memory controllers and serial links on logic integrated circuits
Rambus Inc. (NASDAQ: RMBS), one of the world’s premier technology licensing companies, announced that it has signed a patent license agreement with Broadcom Corporation (NASDAQ: BRCM). This agreement covers the use of Rambus patented innovations in a broad range of integrated circuit (IC) products offered by Broadcom. In addition, the two companies have settled all outstanding claims, including resolution of past use of Rambus’ patented innovations. The term of this patent license agreement is five years. Other terms of the agreement are confidential.
“We are pleased to have reached this agreement with Broadcom, a global leader in the semiconductor industry,” said Sharon Holt, senior vice president and general manager of the Semiconductor Business Group at Rambus. “We are committed to continuing the development of innovative technologies to help our licensees deliver great products to the market.”
WORLDWIDE WIRELESS INCORPORATED (OTCBB: GOHG)
"Up 100.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GOHG.php
WorldWide Wireless, Inc. is the leading repair facility for out-of-warranty electronic devices in the nation. The company is also the ONLY of its kind to warranty in-house repairs for water damage. Additionally, the retail website for WorldWide Wireless, Inc. (www.eRepairWorld.com) is one of the leading online retailers and manufacturers of smart phone accessories powering a network of e-commerce stores that offer a wide selection of products, rapid fulfillment, and knowledgeable expert support. In addition to a proprietary line of bestselling products, the company retails accessories from over 80 manufacturers covering all popular smart phone brands sold in the US. Since 2002 the company has shipped close to a million orders to satisfied customers worldwide.
December 12 - WorldWide Wireless, Inc. Announces That Its Filings Are Completely Updated to Reflect Name Changes, New Company Directions and Financial History
WorldWide Wireless, Inc. (OTC: GOHG), formerly Global Holdings, Inc., announced that the company has completed updating their filing, all of which can be found at www.pinksheets.com under the symbol "GOHG." The company has updated all financials and submitted a 15c-211 form which includes information on management, business model, and plans for the future. The filings are intended to both increase shareholder transparency and continue the stock's "current" status with pinksheets.com.
CEO, Dr. Paul Normand, states, "Completing our filings was a goal we had for the company before we undertook any serious marketing efforts. We have a duty of always remaining transparent and available to our shareholders; we believe that keeping the filings as current as possible will lead to shareholder loyalty and, for the company, a larger degree of accountability to achieve results."
MEDCLEAN TECHNOLOGIES INCORPORATED (OTCBB: MCLN)
"Up 14.29% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MCLN.php
MedClean Technologies Inc., formerly Aduromed Industries Inc., provides solutions for managing medical waste onsite, including designing, selling, installing and servicing on site (in-situ) turnkey systems to treat regulated medical waste. The Company provides these systems to hospitals and other medical facilities as efficient, safe, cost effective and legally compliant solutions to incineration, off site hauling of untreated waste and other alternative treatment technologies and methodologies. MCLN's principal products are the MedClean series systems. Also effective January 2, 2009, the Company merged its former wholly owned subsidiary, Aduromed Corporation (Aduromed), with and into the Company.
November 17 - MedClean Technologies Signs Contract for Installation of MedClean System at Community Medical Center in Scranton, PA
Signing is in conjunction with ARAMARK implementing hospital management and expense reduction programs.
MedClean Technologies (OTCBB: MCLN), the leading provider of onsite technology for the treatment and disposal of medical waste and the destruction of confidential documents and related media, announced it has signed an agreement with ARAMARK for the purchase of a MedClean 4300 fixed-based sterilization system.
The agreement includes the purchase and installation of the equipment at Community Medical Center in Scranton, PA , plus additional recurring consumable orders for the life of the equipment, estimated for a period of approximately 10 years. ARAMARK will provide comprehensive hospital management services that include implementing expense reduction programs that incorporate the use of MedClean's sterilization technology. The installation of the equipment is expected to commence and be completed in the fourth quarter of 2011.
"This agreement represents a case study in cooperation amongst ARAMARK, Community Medical Center, and MedClean to achieve beneficial results in the form of expense reductions utilizing MedClean's fixed-base technology, ARAMARK's industry leading hospital service capabilities, and Community Medical Center's own personnel," commented David Laky , President and CEO of MedClean Technologies, Inc. "We appreciate the fact the we were able to work in partnership with ARAMARK on this project and we will strive to continue to offer beneficial programs to ARAMARK and their valued customers."
"The deployment of the MedClean 4300 system will enable ARAMARK to reduce its operating costs while continuing to serve the Community Medical Center," continued Mr. Laky. "Cost effective services and solutions are critical to all organizations in the current economy."
ARAMARK is a leader in professional services, providing award-winning food services, facilities management, and uniform and career apparel to health care institutions, universities and school districts, stadiums and arenas, and businesses around the world. The company is recognized as one of the "World's Most Ethical Companies" by the Ethisphere Institute, as the industry leader in FORTUNE magazine's "World's Most Admired Companies," and as one of America's Largest Private Companies by both FORTUNE and Forbes magazines. ARAMARK seeks to responsibly address issues that matter to its clients, customers, employees and communities by focusing on employee advocacy, environmental stewardship, health and wellness, and community involvement. Headquartered in Philadelphia, ARAMARK has approximately 255,000 employees serving clients in 22 countries.
APPLE RUSH COMPANY (OTC: APRU)
"Up 166.67% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/APRU.php
Apple Rush Company, Inc. is a producer of Organic 100% Juice Sparkling Beverages. The company markets its products through an extensive distribution network nearly 40 Distributors throughout the U.S. and in foreign markets. The Company's flagship product line of Organic Apple Rush™ Sparkling Beverages currently has six mainstream flavors in glass bottles and the top three sellers Original Apple, Pomegranate and Cranberry in cans.
December 16 - Apple Rush Co., Inc. Brings Organic Zeolite Fertilizer to the US
Apple Rush Co., Inc. (OTC: APRU) and Rancho Chinobampo S.A. de C.V. of Sinaloa, Mexico (Chinobampo) reached an agreement whereby Apple Rush will have controlling interest in a new US Corporation with an exclusive license to distribute Chinobampo's unique patented Organic Fertilizer formulated with Zeolite, marketed under the name Chinobampo Nerea.
The new US Corporation will become a public company, which will hold the Exclusive Territorial License for the United States and Canada for Chinobampo Nerea. This new US Corporation will be owned, in part, by Chinobampo and partly owned by Apple Rush. Apple Rush intends to distribute, as a dividend to its shareholders, stockholders of record as of January 31, 2012.
Apple Rush® and Organic Apple Growers across the US and Canada have struggled to find the best Organic Nutrients for the Organic Apple Trees. The Chinobampo Nerea Organic Fertilizer formulated with Zeolite is a Nano Technology product that uses the unique molecular structure of Zeolite to deliver nutrients to plants using less water and avoiding the toxins like Arsenic that are usually associated with use of commercial urea based fertilizers. Additionally, the Chinobampo Nerea Zeolite-based formulation actually feeds on such toxins, thereby eliminating these heavy metals from the soil and ultimately our water supply.
"Apple Rush is committed to ensuring that all of our beverages are Arsenic Free," stated Robert Corr, President of Apple Rush Co., Inc. "With the start of this new Company that includes the exclusive distribution rights to this exciting new organic product, we strive to provide a comprehensive solution for Organic Apple Growers and all farmers across the US and Canada." Almost as exciting is the fact that this formulation is almost 20% less expensive than competitive fertilizer products. Also compelling is the enhanced quality of the plants. And with less water required, Chinobampo Nerea has the capability of turning deserts into gardens.
Cuitlahuac Rangel Alcarz, the President of Rancho Chinobampo, was in Chicago to sign the agreement and was able to explain how his Zeolite formula for Organic Fertilizer has helped to promote organic farming in Mexico, and many produce items grown with the use of Chinobampo Nerea, the Zeolite based Organic Fertilizer, are already being sold in the US market.
After celebrating 60 Million USD in yearly sales of Chinobampo Nerea in Mexico alone, Mr. Alcarz and Mr. Corr believe that the potential for this Zeolite based product to increase yields and save water will generate not only increased profits but contribute to the renewal of the soil for US and Canadian farmers.
ABOUT RANCHO CHINOBAMPO S.A. DE C.V.
Chinobampo S.A. de C.V. of Sinaloa Mexico owns their own Zeolite mines. Their patented process to produce Chinobampo Nerea, an Organic fertilizer formulated with Zeolite, is done in house at their facilities in Mexico.