MEVT, CPRK,
RHGP, CAAH, CDIN
RCCH, IMHI, HSOA, DIAAF, IONA, MYNG, PBSO, DEGH
Our Stocks to Watch today include
MSE Enviro-Tech Corporation (MEVT), Copper King Mining Corporation
(OTC: CPRK), Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP), China
America Holdings, Inc. (OTCBB: CAAH), Cascadia Investments, Inc.
(CDIN), RCC Holdings Corp. (OTC: RCCH), Integrated Media Holdings,
Inc. (OTCBB: IMHI), Home Solutions of America, Inc. (OTC: HSOA),
Diamant Art Corporation (OTCBB: DIAAF), IONA Technologies PLC
(NASD: IONA), Golden Eagle International, Inc. (OTCBB: MYNG),
Point Blank Solutions, Inc. (OTC: PBSO) and Double Eagle Holdings,
Ltd. (OTCBB: DEGH).

FEATURED COMPANY

MSE ENVIRO-TECH
CORPORATION (OTC: MEVT)
Detailed
Quote: http://www.otcpicks.com/quotes/MEVT.php
Company
Profile: http://www.otcpicks.com/mse-enviro/mse-enviro.htm
MSE Enviro-Tech Corporation (MEVT), a company incorporated
under the laws of the State of Delaware, is an agent in technology transfer,
dedicated to providing access to world class technologies available today.
Many innovative technologies never gain significant
market adoption in the marketplace. This occurs even when there is a major
investment in the technology. The common reason for the slow market adoption
of innovative technology centers on the challenges of field execution
in gaining commitment from high adopting, decision making, prospects.
Slow adoption also occurs because of the great expense and long time frames
needed to build highly effective sales channels, sales teams and a market
presence.
MEVT strives to seek out technologies that meet some
or all of the following criteria: a significant technological advancement,
have a global market and are socially and environmentally responsible.
Our focus is to partner with innovative technology companies and facilitate
the adoption of their technologies with our established prospect organizations.
Using a market driven approach to facilitate the identification
and acquisition of external technologies, MEVT transfers proprietary technologies
to beneficial companies to help develop superior products resulting in
a strategic marketplace advantage.
MEVT provides comprehensive solutions for transferring
new technologies, managing intellectual property and providing intellectual
property consultation. In exchange for facilitating the integration of
these technologies into a company’s portfolio MEVT is compensated
in the form of cash payment, percentage of gross revenues, equity securities
or a combination thereof.
MEVT News:
February 8
- Titan 21 Fire
Blanket to Be Demonstrated to Industry Professionals
Demonstration at Windsor Fire Dept. Facilitated
by Janus Products Corp.
Megola Inc. (OTC: MGOA), in collaboration with MSE Enviro-Tech
Corp. (OTC: MEVT) (Frankfurt: MEH), announced that they will be attending
and assisting in a demonstration of the Titan 21 Fire Blanket for the
Windsor Fire and Rescue Service in Windsor, Ontario, Canada, on February
19th. The demonstration was arranged by Janus Products Corp. to increase
market awareness and showcase the capabilities of the Titan 21 Fire Blanket
to industry professionals.
"With the Windsor region having a population of
over 300,000 we are excited to have the opportunity to demonstrate the
Titan 21 Fire Blanket in front of their fire industry professionals,"
states Joel Gardner, CEO of Megola.
ABOUT THE TITAN 21 FIRE BLANKET
The Titan 21 Fire Blanket is made from 100% cotton
fabric that has been treated with Hartindo AF21 Fire Inhibitor. It is
non-irritating and non-toxic and is resistant to bacterial and fungal
contamination.
The Titan 21 Fire Blanket will not burn or be
penetrated by fire, acting as a wall of protection. The Titan 21 Fire
Blanket can protect the body from fire and can also be used to blanket
and extinguish the fire source. Thus, the Titan 21 Fire Blanket is ideal
for residential use as it can be used as a protective blanket to escape
fires and as a first response tool in areas where a fire risk exists,
such as kitchens, garages, fireplaces, vehicles etc.
The results of recent third party testing of
the Titan 21 Fire Blanket have shown that it passes the requirements of
NFPA 701 and NFPA 2112.
ABOUT JANUS PRODUCTS CORP.
Janus Products Corp. — The Power
of Innovation for Better Living — specializes in the marketing of
innovative products that contribute to health, personal safety and the
environment while improving our everyday lives. Janus Products Corp. also
recognizes that consumers will benefit through their innovative product
lines to which Janus will be dedicated in providing access to these products
through their online portal, area distributors and select retail chains.
FEATURED COMPANY

COPPER
KING MINING (OTC: CPRK)
Detailed
Quote: http://www.otcpicks.com/quotes/CPRK.php
Company
Profile:
http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm
Copper King Mining Corporation currently
owns approximately 1200 acres in the Drum Mountains of Utah, which are
patent deeded mining claims which contain gold, silver and copper. The
company recently added to its holdings by filing six more claims on land
which was inside their holdings, but not patent deeded. Contiguous to
that acreage is approximately 1100 acres of claims filed by Western Utah
Copper Company. As the companies explored the concept of a joint venture
on the Drum Mountain properties, it was decided that a very viable consideration
was to join the total assets of both companies.
CPRK News:
February
7 - CORRECTION:
Copper King Mining Corporation Signs an Irrevocable Purchase Order with
Kataman Metals
The contract discussed below is with WUCC, a
wholly owned subsidiary of CKMC. Copper King Mining Corp. regrets any
confusion this may have caused.
Copper King Mining Corporation (OTC: CPRK) announced
that Kataman Metals of St. Louis, Missouri has provided an irrevocable
purchase order for the life of the mine to purchase all metals produced
at the mine. Kataman will direct where to ship the concentrate for refinement.
Payment can be made on verification of shipment. Kataman has been in business
for over 15 years and is a large company that purchases metal production
from nearly all big producers.
Interested parties may view photos and video of the
patent deeded areas owned by Copper King Mining Corporation at www.thecopperkings.com,
and assets owned and controlled by Western Utah Copper Company at www.westernutahcopper.com.
FEATURED COMPANY

RENHUANG PHARMACEUTICALS
(OTCBB: RHGP)
"Up 8.48% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/RHGP.php
Company Profile:
http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm
Renhuang Pharmaceuticals, located in Harbin
of Heilongjiang Province in Northeast China, is a leading integrated developer,
manufacturer and distributor of a broad line of high-quality nutraceutical,
natural medicinal and bio-pharmaceutical products. The Company provides
three major product lines including the Acanthopanax-based natural medicinal
products, Shark Power Health Care series and Traditional Chinese Medicines.
Renhuang's key product line is Acanthopanax-based products, an effective
natural medicine in treating depression and melancholy and offering various
other health benefits. By controlling an estimated 70% of China's natural
resource of Acanthopanax (also known as Siberian Ginseng), the Company
has a dominant market position in Acanthopanax-based natural medicines.
The Company distributes its products through a multi-layer sales network
of over 2000 sales agents. Its products are not only sold nationwide but
also exported to Russia and Southeast Asia. Renhuang has established a
multi-channel research and development infrastructure composed of in-house
researchers, a post-doctoral working center, and collaboration with well
known institutions and scientists. In manufacturing, the Company strictly
follows the international GMP certified quality standards and system by
utilizing cutting-edge technologies, the state of the art equipment, and
the proprietary innovative and award winning processes. For more information
about Renhuang Pharmaceuticals, visit www.renhuang.com.
RHGP News:
January
29 -
Renhuang Pharmaceuticals to Present at Roth Capital Partners Growth Stock
Conference on February 21, 2008
Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP), a leading
Chinese integrated drug developer, manufacturer and distributor, announced
that the Company will participate in the Roth Capital Partners 20th Annual
Orange County (OC) Growth Stock Conference on February 21, 2008 at the
Ritz Carlton Laguna Niguel in Dana Point, CA.
Mr. Li Shaoming, the Company’s Chairman, will
present Renhuang’s business overview including product lines, competitive
strengths, and key growth strategies at 9:30 a.m. local time.
For More information about the conference, visit www.roth.com.
A replay of the webcast will be available at www.wsw.com/webcast/roth16/
for 90 days after the live presentation.
FEATURED COMPANY

CHINA
AMERICA HOLDINGS INCORPORATED (OTCBB: CAAH)
Detailed
Quote: http://www.otcpicks.com/quotes/CAAH.php
Company
Profile:
http://www.otcpicks.com/china-america/china-america.htm
China America Holdings, Inc.™ (CAAH)
is a diversified Global Holdings Company with operations in the U.S. and
China. China America Holdings has three operating divisions.
Shanghai Aohong Chemical Co,, based in Shanghai, China, a distributor
of assorted liquid coolants which are utilized in a variety of applications,
primarily as refrigerants in air conditioning systems for automobiles,
residential and commercial air conditioning systems, and a manufacturer
of steel non-refillable cylinders. For more information, please visit
the Shanghai
Aohong website.
Big Tree Toys, Inc, based in Shantou, China, is an authorized agent for
thousands of toy manufacturers in China. Big Tree represents over 8,000
toy manufacturers. Our product offerings include in excess of 180,000
varieties of toy products including remote control toys, digital toys,
sports toys, play sets, educational toys, dolls, and infant toys. Big
Tree Toys simplifies sourcing products from China. For more information,
please visit Big
Tree Toys USA and Big
Tree Toys website.
Sense Technologies, Inc., based in Ft. Lauderdale, FL, is a leading provider
of biometric solutions, and micro-sensor identification systems. Sense
develops products targeting Homeland Security, and offers solutions that
improve and secure many business, military, and personal processes. Sense
owns patents and intellectual property for an MEMS based explosives detection
technology licensed through a national government laboratory.
CAAH News:
February
6 - WallStreet
Research Initiates Coverage of China America Holdings, Inc. Shares with
a Speculative Buy Rating and $0.25 Price Target
Report Available At www.WallStreetResearch.org
China America Holdings, Inc. (OTCBB: CAAH) announced
that WallStreet Research has released an analyst research report covering
the Company's shares with a speculative buy recommendation with a potential
twelve month price target of $0.25 per share. The complete report on China
America Holdings, Inc. together with attendant risk factors and additional
information about WallStreet Research is available at www.WallStreetResearch.org.
WallStreet Research (WSR) is a prominent research boutique
led by Alan Stone, Managing Director of Alan Stone & Company, LLC
(ASC). The firm specializes in the microcap and smallcap investment arena,
looking for emerging growth companies with strong management, unique or
proprietary technology, significant market potential, financial strength,
and outstanding long-term earnings growth possibilities. Mr. Stone was
formerly a securities analyst and assistant portfolio manager at Merrill
Lynch Asset Management and an investment analyst at Prudential Insurance
Company's Capital Markets Group. The firm has offices in Los Angeles,
CA, Palm Beach, FL, and New York City, NY, and is well known for discovering
undervalued companies and bringing them to the attention of the investment
community. ASC/WSR also arranges road shows for its publicly traded clients,
before the investment community in New York City, California and Florida.
China America Holdings CEO, Dore Scott Perler, recently
presented at the Flaherty Financial News/WallStreet Research Small Cap
Conference III held at the Penn Club of New York on January 22nd. The
webcast of the presentation is archived at www.visualwebcaster.com/event.asp?id=42359
for sixty days following the conference.
FEATURED COMPANY

CASCADIA
INVESTMENTS (OTC: CDIN)
Detailed
Quote: http://www.otcpicks.com/quotes/CDIN.php
Company
Profile: http://www.otcpicks.com/cascadia-investments/cascadia-investments.htm
Cascadia Investments, Inc. (CDIN) is a
publicly traded real estate company, focusing on selecting high-quality,
multi-family and residential properties and managing them to provide a
superior return rate. These properties are often financially distressed
properties (pre-foreclosure, foreclosure, or bank-owed) and are priced
at a discount. CDIN is experienced with producing a high rental income
by buying, renovating, and then selling or holding real estate, depending
on the current market.
Because CDIN is a publicly traded entity and have access to equity markets,
it enjoys a competitive advantage over other companies operating in its
geographical area. Many of these companies are similar to CDIN in style,
but privately-held.
For the past ten years, Cascadia Investments, Inc. has focused its efforts
in and around the Pacific Northwest, USA. The company has developed a
network of contacts in the Seattle-Tacoma real estate market, while developing
a reputation for improving neighborhoods. By renovating distressed properties,
CDIN is able to provide safe and affordable residences to our neighbors,
improving the quality of living in these areas. The company focuses on
acquisition of older properties in residential areas, where market demand
is on the rise and crime rates are falling. CDIN specifically targets
neglected and abandoned homes and multiplexes that will produce better
than average capital gains once they are renovated.
CDIN News:
January
15 - Cascadia
Investments, Inc. Provides a Corporate Update
Cascadia Investments, Inc. (OTC: CDIN) is committed
to building shareholder value by investing in well selected real estate
assets and pro-actively managing each of the properties to increase cash
flows and maximize return on capital. In the last year (2007), the company
has completed over 2.7 million dollars worth of real estate transactions.
This includes 11 properties with 21 rental units located in Seattle and
Tacoma, WA.
"The last year was a good year for the company
and we hope to not only double the size of our portfolio but to exceed
it by 20% in 2008, thereby growing our asset base, boost revenues and
increase shareholder value," stated Nazir Maherali, President and
C.E.O. of Cascadia Properties, Inc.
STOCKS TO
WATCH
RCC HOLDINGS
CORP (OTC: RCCH)
"Up 166.67% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/RCCH.php
RCC Holdings, Corp., through acquisitions,
offers consulting, financing and overall business structure in the public
and private equity sectors. RCC Holdings, Corp. specializes in finding
undervalued small cap and microcap companies with exciting products, services
or technology that are poised for explosive growth. RCC Holdings Corp.
provides these companies with guidance and strategic counseling to help
them succeed. RCC Holdings Corp. is currently in negotiations with several
companies which meet these criteria. The company' mission is to create
value for our shareholders by applying strong technical expertise to strategies
that will unlock substantial oil and gas resources in areas where production
can be achieved quickly and efficiently
RCCH News:
February 7 -
RCC Holdings President Announces Company Updates to Board of Directors
RCC Holdings Corp. (OTC: RCCH)/IWS is involved in Over
Sixty Million Dollars worth of Waste Water Systems Projects’ and
Contracts in the State of Montana. These are projects and contracts where
RCC/IWS has received the initial monetary deposits for work to be completed.
Additional contracts and revenue is expected to be generated in the State
of Montana in the very short term.
There are seven (7) other States that are currently
in the final stages of completion. The shareholders will be updated as
the various States are completed and will include revenue figures.
RCC/IWS is also pleased to announce that on the International
front that they are currently working on the completion of projects for
four (4) different countries. This is the start of overseas projects which
again should be announced in the short term.
The current RCC website will be updated. The IWS website
is under construction and should be available in the near future.
The RCC Board of Directors is committed to keeping the
shareholders updated to all events, domestic and International, as they
occur.
INTEGRATED
MEDIA HOLDINGS (OTCBB: IMHI)
"Up 33.33% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/IMHI.php
Integrated Media Holdings, Inc., through
its subsidiaries, provides digital video delivery and asset management
solutions and platforms to content owners and producers over the broadband
and Internet protocol networks. Its integrated content management and
distribution system, EcoSystem, supports the distribution of entertainment,
information, and communications services to connected customers and broadband
communities over broadband and Internet protocol networks. The company
markets EnHance, a content delivery solution for owners of Web-based portals
that pushes DVD-quality video content directly to the desktop of users;
and EnGage, a broadband television platform, which allows content owners
to deliver channels of video content directly to viewers. Integrated Media
also develops EnVision, an Internet protocol television and Web streaming
content delivery solution; and the Endavo Digital Broadcast System, which
enables distribution of digital content and services to the end-user personal
computer or enabled device directly, via delivery portals and broadband
Internet connections, or through managed community networks controlled
by local network service providers. In addition, it provides Internet
transit and network transport services to Internet service providers,
carriers, and enterprise customers, as well as develops a fiber network
to facilitate distribution of video, music, games, and downloads; and
develops portals and Web sites that create and enable members of online
communities to exchange goods, media, and ideas. The company was founded
in 1999. It was formerly known as Endavo Media and Communications, Inc.
and changed its name to Integrated Media Holdings, Inc. in 2006. Integrated
Media Holdings, Inc. is headquartered in Atlanta, Georgia.
IMHI News:
February 7 -
TeleChem International, Inc. Completes Business Combination With Integrated
Media Holdings, Inc.
Integrated Media Holdings, Inc. (OTCBB: IMHI) announced
that it has completed the definitive agreement for a business combination
via an acquisition of all outstanding common stock of TeleChem International,
Inc., ("Arrayit") a pioneer in the biotech market located in
Sunnyvale, California. IMHI's board of directors also announced the approval
of a 1 for 30 reverse split. IMHI acquired all the outstanding shares
of TeleChem International, Inc. in exchange for 35,000,000 post-split
shares of IMHI as part of the business combination.
"This business combination of TeleChem International,
Inc. is a significant milestone for IMHI, and is crucial to the future
success of the company," stated Bill Sklar, President and CEO of
Integrated Media Holdings, Inc. After giving effect to the reverse split,
and prior to the combination with Arrayit, there were roughly 500,000
outstanding shares. No fractional shares will be issued, and shareholders
will receive cash in lieu of their fractional shares.
TeleChem International, Inc. provides products and services
to the biotechnology industry, and is a leader in microarray analysis
and manufacturing technology, and operates under the name Arrayit. "The
business combination with IMHI is an exciting first step towards development
of the strategic plan for Arrayit," states Rene Schena, Chief Executive
Officer of TeleChem International, Inc. "We believe this will enhance
our ability to access capital and further the growth strategy as a leader
in the biotech niche we serve," Schena stated.
ABOUT ARRAVIT
TeleChem International, Inc. is headquartered
in the Silicon Valley of California and operates under the name Arrayit
in the biotechnology industry. Arrayit specializes in empowering the biotech
industry by providing unique products and services to a universal biochemistry
platform. Arrayit and its founders are pioneers of Microarray Analysis
and leading providers of trade secret protected products such as slides,
substrates, and accessories. Arrayit has over a decade of excellence and
quality dedicated to meeting the needs of the research and pharmaceutical
industry. Please visit www.Arrayit.com for more information.
Ms. Rene Schena, President and Founder of TeleChem
International, Inc., opened the company in 1993 and moved it into the
biotech sector in '96. She has led the Company to become a leader in DNA
microarray technology. She led the Company to receive awards in 2002 and
2003 from Inc. Magazine as one of the top 500 fastest growing privately
held companies. In 2005 the company was recognized by the Silicon Valley
Business Journal as the 11th largest woman-owned business in Silicon Valley.
Ms. Schena's strong business background and management expertise are key
contributions to TeleChem's infrastructure.
Mr. Todd Martinsky is a Co-founder and Vice President
of the Company and has a deep rooting in education and consulting. He
has led the Arrayit Division since 1997, bringing it to play a significant
role in the microarray industry by establishing successful alliances and
is responsible for an education outreach program that ensures that the
Arrayit Micro Spotting Device is applied in the field with optimal scientific
and technological accuracy.
Dr. Mark Schena, world-renowned biochemist, is
essentially the Father of Microarray Technology. He and his colleagues
at Stanford University first published a paper on the technology in 1995.
Dr. Schena's credentials are an incomparable scientific pedigree. Through
his years as student, colleague, and teacher, he has worked with a number
of top scientists around the world. Currently, Dr. Schena is a Visiting
Scholar and Consultant in the Arrayit Life Sciences Division.
Mr. Paul Haje has served as the Company's
Director of Public Relations since 1999. Mr. Haje is very accomplished
in his field and has aided in developing Arrayit as a viable brand in
the industry. Mr. Haje won the 2003 Signet Advertising Award for Best
Full Page Ad in the life sciences sector. He has extensive experience
in all areas of advertising and marketing, and has recently represented
the Company at the U.S. FDA's Microarray Quality Control Projects I and
II.
HOME
SOLUTIONS OF AMERICA (OTC: HSOA)
"Up 21.57% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/HSOA.php
Home Solutions of America, Inc. provides
restoration, construction, and interior services to commercial and residential
properties in the United States. It operates through two segments, Restoration
and Construction Services, and Interior Services. The Restoration and
Construction Services segment provides recovery services, including initial
set up services in an impacted area; and drying, dehumidification, cleanup,
and removal of debris from commercial and residential areas. Its construction
services include providing services to specialized building markets, including
hospitality and gaming, insurance, education, and healthcare markets.
This segment also provides fire and water damage restoration services;
and indoor air contamination services, including contamination from mold,
asbestos, and lead paint. In addition, it offers cleaning and fabric protection
services to protect furniture, carpet, and draperies from stains and daily
wear; and air duct cleaning services to remove particulate material from
heating and air conditioning systems. The Interior Services segment manufactures
and installs cabinets and countertops, including custom marble and granite
countertops installation for residential customers. This segment also
provides granite fabrication and installation services to the residential
and multifamily markets. The company was incorporated in 1998. It was
formerly known as U.S. Industrial Services, Inc. and changed its name
to Nextgen Communications Corporation in February 2002. Further, it changed
its name to Home Solutions of America, Inc. in December 2002. Home Solutions
of America is headquartered in Dallas, Texas.
HSOA News:
February 8 -
Home Solutions of America Settles Initial Claim on Vista Royale Condominiums
Home Solutions of America, Inc. (OTC: HSOA) (the "Company")
has settled its initial claim on the Vista Royale Condominiums component
of the Florida Insurance Guarantee Association ("FIGA") construction
recovery claim for $35 million.
After deduction for monies previously paid, as well
as payments to the Vista Homeowner's Association, certain legal fees and
payments made to select subcontractors, the Company received approximately
$14 million.
The Company has two additional unresolved claims with
FIGA for work completed on the Delmar Condominiums and Tropic Villa Condominiums
in Florida which the Company continues to pursue. The settlement removes
a lien of $23.7 million recorded against the property for the unpaid portion
of work, which was dismissed as part of the settlement. A copy of the
final settlement agreement has been filed with the SEC as Exhibit 4.1
and is incorporated by reference herein.
The Company entered into a Forbearance Agreement dated
February 6, 2008 with its lenders under its Revolving Credit Facility,
Term Loan and Letter of Credit Facility. Under the Forbearance Agreement,
the Company paid $10.1 million in principal from the FIGA proceeds, which
reduced the outstanding amounts due under the facilities to $39.9 million,
in exchange for the lenders agreeing, subject to certain conditions including
the absence of any subsequent default, to forego taking any action permitted
under the original credit facility until July 1, 2008.
HSOA also paid all accrued interest in an amount
of $1.28 million and a fee of $100,000 to the lenders. In addition the
Company is permitted to keep up to $1.25 million from an anticipated Federal
Tax Refund expected during the 2008 first quarter and up to $1.75 million
from any future settlement with FIGA on the Delmar property. Proceeds
received by the Company above these amounts will be used to further pay
down the Company's obligation to its lenders.
DIAMANT
ART CORPORATION (OTCBB: DIAAF)
"Up 40.00% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/DIAAF.php
Diamant Art Corporation primarily engages
in the production, distribution, and marketing of replications of original
paintings. It produces replications of original paintings that incorporate
brushwork texture, including oil, acrylic, and other textured pigment
mediums under the name Artagraph using its patented and proprietary technologies.
The company manufactures reproductions of impressionist and postimpressionist
paintings, as well as paintings by contemporary artists. It also contracts
with art publishers, and produces and sells replications of contemporary
works of art. Diamant Art supplies its catalogue products to retail store
or art gallery customers in Canada and the United States. In addition,
the company intends to manufacture a non-PVC (poly vinyl chloride) food
packaging stretch film, under license from Diamant Plastics Corp. and
under the trade name DIAMANT. Diamant Art was incorporated in 1986. It
was formerly known as ART International, Inc. and changed its name to
ART International Corporation in 2003. Further, the name was changed to
Diamant Art Corporation in 2004. The company is headquartered in Markham,
Canada.
DIAAF News:
February 7 -
Google, the Internet Giant, Orders Bio-Degradable Film From Diamant, as
Google Fulfills Commitment to Convert to Eco Friendly Solutions in an
Effort to Contribute to Global Preservation
Diamant Art Corporation (OTCBB: DIAAF) announced that,
through its wholly owned subsidiary, Bio-Plastics Film Inc., it has received
an order for bio-degradable plastic film from Google based on their commitment
to become a company that in every way consumes responsibly in the light
of our ecological global crisis. The NON-PVC plastic bio-degradable film
will be used for the Company's internal requirements.
This purchase is based on a comprehensive plan that
Google has committed to execute implementing some environmentally sound
strategies that include reducing energy consumption by maximizing efficiency,
investing in and utilizing renewable energy sources, and purchasing carbon
offsets for the emissions that can't directly reduced.
This current initiative is part of Google's continuing
commitment to a clean and green energy future. Google has been making
great strides in converting to eco friendly solutions and optimizing energy
efficiency to making the business environmentally sustainable.
Last spring Google announced that it would be carbon
neutral for 2007 and beyond. The Company has taken concrete steps to reduce
the carbon footprint and accelerate improvements in green technology.
In addition to "greening" the Company, they have announced that
they are also cooperating with members of the tech community to improve
efficiency on a broader scale.
IONA
TECHNOLOGIES (NASD: IONA)
"Up 16.36% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/IONA.php
IONA Technologies PLC, together with its
subsidiaries, provides infrastructure software. The company offers Artix
and Orbix product families, as well as Celtix family of open source distributed
SOA infrastructure software products. Its products include Artix, an enterprise
service bus product that provides Web services-based integration software
for enterprises with multiple generations of business applications, technologies,
and architectures; and Orbix, an infrastructure software platform that
facilitates enterprise information technology organizations with security,
asynchronous messaging, management, transactions, load balancing, and
fault tolerance services. The company's Celtix family of open source infrastructure
software products includes Celtix Enterprise, an enterprise service bus
product; Celtix Advanced Service Engine for service enablement; and Celtix
Advanced Messaging, a messaging infrastructure. It also offers professional
services, including customer support and maintenance, as well as design,
consultation, education, and product implementation services. IONA Technologies
serves various customers in the financial services, telecommunications,
manufacturing/distribution, government, healthcare, and information technology
sectors. The company was founded as IONA Technologies Limited in 1991
and changed its name to IONA Technologies PLC in 1997. IONA Technologies
is headquartered in Dublin, Ireland.
IONA News:
February
8 - IONA Technologies
Confirms Buyout Bid
The Board of IONA Technologies PLC (NASD: IONA) has
noted recent press speculation and confirms that it has received an unsolicited
preliminary expression of interest from a third party to acquire the Company,
which may or may not lead to a formal offer being made to acquire all
of the outstanding shares of the Company.
It should be emphasized that the expression of interest
is very preliminary and is subject to a number of conditions. Accordingly,
no assurances can be given that a formal offer will be forthcoming or
that any transaction will occur. The Company does not anticipate making
another announcement in regard to this matter unless a definitive transaction
is agreed to, other than as may be required by applicable law.
The holder of 1% or more of any relevant securities
in the Company may from the date of this announcement have disclosure
obligations under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover
Rules 2001 to 2005, as applied, with amendments by the European Communities
(Takeover Bids (Directive 2004/25/EC)) Regulations 2006.
The Directors of IONA accept responsibility for
the information contained in this announcement. To the best of their knowledge
and belief (having taken all reasonable care to ensure that such is the
case), the information contained in this announcement for which they take
responsibility is in accordance with the facts and does not omit anything
likely to affect the import of such information.
GOLDEN
EAGLE INTERNATIONAL (OTCBB: MYNG)
"Up 20.37% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/MYNG.php
Golden Eagle International, Inc. engages
in the minerals industry operations with a focus on gold and copper in
the Republic of Bolivia. It owns interests in the Cangalli claims covering
an area of 5,000 acres and Tipuani prospect consisting of 7,000 acres,
which are located in western Bolivia; and Precambrian prospect covering
111,500 acres, Buen Futuro claim comprising 2,500 acres, and Cobra claim
that cover 22,500 acres located in eastern Bolivia. The company was founded
in 1988 under the name Beneficial Capital Financial Services Corp. and
changed its name to Golden Eagle International, Inc. in 1995. Golden Eagle
International is headquartered in Salt Lake City, Utah.
MYNG News:
February
7 - Golden Eagle
Settles Litigation and Other Issues With Former Director
Golden Eagle International, Inc. (OTCBB: MYNG) announced
that it has settled its litigation and all other pending issues with Kevin
K. Pfeffer, a former member of the Company's board of directors who served
from January of 2003 through December of 2006.
As a result of two agreements executed among all of
the parties that became effective as of February 1, 2008, Golden Eagle
voluntarily dismissed a lawsuit on January 29, 2008 that it had filed
in the Federal District Court for Utah on September 5, 2007 entitled,
"Golden Eagle International, Inc. and Turner v. Kevin K. Pfeffer,"
2:07-CV-662-TC (D. Utah; 2007).
In addition, the Company settled an outstanding promissory
note and other associated expenses that it owed Mr. Pfeffer from his time
on Golden Eagle's board.
The agreements among the parties also resolve "any
and all outstanding allegations, claims, disputes and controversies."
"I am pleased that we have settled our differences
amicably, which I hope will make it easier for the Company to move forward
in developing its opportunities in Bolivia and Nevada," stated Kevin
K. Pfeffer. "Highly favorable gold and copper prices, and the Company's
ongoing development work, I believe made it clear to all parties that
the time had come to focus single-mindedly on creating real value for
Golden Eagle's shareholders without distraction."
Golden Eagle's CEO Terry Turner stated: "We appreciate
Mr. Pfeffer's years of service on our board of directors and are glad
to have these matters resolved. We will now concentrate 100% of our energies
on advancing our gold and copper exploration and production projects in
Bolivia and Nevada."
Golden Eagle International, Inc. is a gold and copper
exploration and mining company headquartered in Salt Lake City, Utah and
with offices also in Santa Cruz, Bolivia. The Company is concentrating
its efforts on expanding its pilot operations into production operations
on its gold project on the C Zone within its 136,500 acres (213 square
miles) in eastern Bolivia's Precambrian Shield. The Company is also continuing
the development of its Buen Futuro A Zone gold and copper project. In
addition, Golden Eagle is working with industry consultants regarding
the potential expansion of its operations through maximizing the potential
of, or selling to third parties and reinvesting the proceeds from, its
Gold Bar 3,500 to 4,500 tpd CIP mill located in Eureka, Nevada.
The Company highly recommends that you review
its disclosures, risk statements, previous press releases, annual reports,
quarterly reports and current reports found at its Web site: www.geii.com.
POINT
BLANK SOLUTIONS (OTC: PBSO)
"Up 17.46% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/PBSO.php
Point Blank Solutions, Inc., through its
subsidiaries, engages in the manufacture and marketing of protective body
armor and health related sports braces, and related equipment in the United
States and internationally. It offers bullet and projectile-resistant
garments, fragmentation protective vests, slash and stab protective armor,
and related ballistic accessories, which are used by military, law enforcement,
security, and corrections personnel, as well as government agencies. The
company also manufactures and distributes sports medicine, health support,
and other products, including various knee, ankle, elbow, wrist, and back
supports and braces that assist serious athletes, weekend sports enthusiasts,
and general consumers in their sports and everyday activities. Its body
armor products and related accessories protect individuals from bodily
injury and death from various threats, including bullets, knives, shrapnel
fragments, and other sharp instruments. In addition, Point Blank Solutions
involves in designing, building, and selling advanced systems that safeguard
its users from a range of threats. The company sells its health support
products under FLEX-AIDTM brand name through contracts, sales agents,
and a network of distributors; and private labels or store brands through
mass merchandisers, chain drug stores, food chains, independent sporting
goods retailers, independent pharmacies, catalogs, wholesalers, and e-commerce.
It serves national retail establishments and established wholesalers in
the healthcare industry. The company was founded in 1992. It was formerly
known as DHB Industries, Inc. and changed its name to Point Blank Solutions,
Inc. in October 2007. Point Blank Solutions is headquartered in Pompano
Beach, Florida.
PBSO News:
February
8 - Steel Partners
Nominates Five Highly Qualified Director Candidates for Election to the
Point Blank Solutions Board
Steel Partners II, L.P. (“Steel Partners”)
announced that it has nominated a slate of five highly qualified director
nominees for election to the Board of Directors of Point Blank Solutions,
Inc. (OTC: PBSO) (“PBSI” or the “Company”) at
the Company’s 2008 Annual Meeting of Shareholders. Steel Partners,
which beneficially owned 3,441,922 shares of common stock of the Company
as of February 7, 2008, constituting approximately 6.7% of the Shares
outstanding, detailed its intention in a written notice to the Corporate
Secretary of Point Blank.
On October 30, 2007, Steel issued a letter to the Company
stating its willingness to enter into negotiations to acquire all of the
common stock of PBSI it does not already own for no less than $5.50 per
share in cash, representing at least a 23% premium to PBSI’s closing
price on October 29, 2007. PBSI management subsequently rejected Steel’s
offer.
Steel stressed at the time its extensive experience
working with and maximizing the value of other public companies in the
defense industry, including United Industrial Corporation, Aydin Corp.,
ECC International Corp. and Tech-Sym Corp. PBSI’s core business
is the manufacturing of body armor and protective clothing for the military
and law enforcement.
Steel Partners director nominees include:
* James R. Henderson is a Managing Director and operating
partner of Steel Partners LLC. He has been associated with Steel Partners
LLC and its affiliates since August 1999. Mr. Henderson has more than
26 years of experience as an operating executive with various companies,
including defense companies such as ECC International Corp. and Aydin
Corp. and with the defense and military division of UNISYS Corp. He also
served as a director of the defense company Tech-Sym Corp.
* Terry R. Gibson is a Managing Director of SP Corporate
Services LLC, a management services company owned by Steel Partners. Mr.
Gibson has served as a director and Chief Executive Officer of CoSine
Communications, Inc., a global telecommunications equipment supplier,
since January 2005 and as Executive Vice President and Chief Financial
Officer since joining CoSine in January 2002. Between 1996 and 2002, Mr.
Gibson served as Chief Financial Officer of Calient Networks, Inc., Ramp
Networks, Inc. and GaSonics, International. He also served as Vice President
and Corporate Controller of Lam Research Corporation from February 1991
through June 1996.
* General Merrill A. McPeak is the President of McPeak
and Associates, a management-consulting firm he founded in 1995. General
McPeak was Chief of Staff of the United States Air Force from November
1990 to October 1994, when he retired from active military service. General
McPeak was for several years Chairman of ECC International, a Florida-based
simulation and training company. Currently, General McPeak is Chairman
of the board of directors of Ethicspoint, Inc., a company providing confidential
corporate governance compliance and whistleblower reporting services.
General McPeak has served as a director of several other public companies,
including Del Global, Tektronix and TWA.
* Robert Chefitz has over 25 years of experience investing
in security, technology and biotech companies. Since 2002, Mr. Chefitz
has been a Managing Member of NJTC Venture Fund, a private equity fund.
During this time, Mr. Chefitz also founded Egis Capital Partners, a fund
focused on private equity investments in the security and homeland defense
industry. Since 2003, Mr. Chefitz has served as a director of biotech
firm Redpoint Bio Corporation. From 1990 until 2002, Mr. Chefitz was a
general partner of Apax Partners (formerly Patricof & Co. Ventures,
Inc.), where he played an integral role in raising over $1.5 billion for
investment in various industries. Mr. Chefitz is a past president of The
New York Venture Capital Forum.
* Bernard C. Bailey has more than 25 years operational
experience in the high-tech and security sectors. Since September 2006,
he has served as Chairman and CEO of Paraquis Solutions LLC, a consulting
and IT strategy firm. Mr. Bailey has also served as a director of Telos
Corporation and a director of Lasercard Corporation, since 2006, and is
currently the Chairman of the Board of Lasercard Corporation. From August
2002 to 2006, Mr. Bailey served as President, CEO and a director of Viisage
Technology, Inc., a company that provides identity solutions for security
credentials. Previously, Mr. Bailey served as the Chief Operating Officer
of Art Technology Group, Inc. Earlier in his career, Mr. Bailey served
in various capacities at IBM Corporation, including several executive
positions. A graduate of the U.S. Naval Academy, Mr. Bailey served for
eight years as an officer in the US Navy.
DOUBLE
EAGLE HOLDINGS (OTCBB: DEGH)
"Up 11.11% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/DEGH.php
Double Eagle Holdings, Ltd. does not have
significant operations. Previously, the company was engaged in investing
and revitalizing single family homes in established residential neighborhoods
in suburban areas. The company was founded in 1985. It was formerly known
as Network Systems International, Inc. and changed its name to Onspan
Networking, Inc. in 2001. Further, the company changed its name to Double
Eagle Holdings, Ltd. in 2006. Double Eagle Holdings is based in Charlotte,
North Carolina.
DEGH News:
February
7 - Double Eagle
and Zatso Choose University of Oklahoma for Test Market of Web-Based Social
Gaming
Double Eagle Holdings, Ltd. (OTCBB: DEGH) announced
that the University of Oklahoma has been chosen as the initial test market
for its groundbreaking social gaming and networking model.
“By forming partnerships with businesses and institutions
in Norman, OK, we are giving students at OU the chance to play Zatso and
compete with one another for cash and prizes while being the first to
experience and evaluate Zatso,” stated Samuel J. Bein, Vice-President
of Business Development.
Zatso is one of the first games of its kind to provide
gamers with a competitive experience that is both virtual and active,
combining all forms of gaming in every subject imaginable. Players will
compete online and in the marketplace, completing challenges ranging from
complex, web-savvy experimental challenges to scavenger hunts around the
city of Norman on quests that will be fun, exciting and compelling. Ultimately,
millions of players will compete with each other while simultaneously
offering the players a chance to network with friends and make new acquaintances
(www.playzatso.com).
“This is a great opportunity for OU to experience
an exciting new interactive service that has never been done before,”
Bein said. “Not only will Zatso provide interactive social gaming
exploration in an unrivaled new format, but it will also provide extensive
data and marketing potential for this young adult demographic.” |