|
ALTO, CSOC, NEGSD, UNDT, EGOC, TEMN
Our Stocks to Watch today include Alto Group Holdings Inc. (OTCBB: ALTO), Caduceus Software Systems Corp. (OTCBB: CSOC), NX Global Inc. (OTCBB: NEGSD), Universal Detection Technology Inc. (OTCBB: UNDT), Energy 1 Corp. (OTC: EGOC) and TEAM Nation Holdings Corp. (OTCBB: TEMN).
STOCKS TO WATCH
ALTO GROUP HOLDINGS INCORPORATED (OTCBB: ALTO)
"Up 66.67% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ALTO.php
Alto Group Holdings Inc. engages in the acquisition and exploration of mineral properties in Africa and Latin America. The company primarily focuses on the exploration of gold and silver concessions. It owns interests in the Los Tres Machos concession that covers 1,000 hectares of staked and sampled mineral lands; and Zuna concession, which covers 750 hectares of staked and sampled mineral lands located in the state of Guadalajara, Mexico. The company also holds 70% of the rights to a mining concession in the Ashanti Belt of Ghana, West Africa. Alto Group Holdings Inc. was founded in 2007 and is based in South Jordan, Utah.
ALTO News:
September 30 - Alto Group Holdings Announces Change of Control
New CEO Given Controlling Voting Interest for 12-Month Period
Alto Group Holdings, Inc. (OTCBB: ALTO) (“Alto” or the “Company”) announced that Randall Appel, the newly-appointed Chief Executive Officer of the Company, has entered into a Shareholder Voting Agreement (“Agreement”) with Opiuchus Holdings, Inc. (“OHI”) whereby Mr. Appel has received a controlling interest in the Company’s voting shares. Opiuchus Holdings, Inc., a company owned by Mark Klok, the former CEO of the Company, is a holder of 100,000 Series B Preferred Shares which collectively hold an aggregate of 2,000,000,000 votes. Pursuant to the Agreement, OHI has transferred all voting rights of the Preferred Shares to Mr. Appel for a one-year period, which has enabled Mr. Appel, subject to certain exceptions contained in the Agreement, to unilaterally control the election of the Alto Board of Directors and the direction of the Company. The Preferred Shares carry no dividend, distribution, or other economic rights and are not convertible into Common Stock of the Company.
Commenting on the Agreement, Mr. Appel stated: “This Agreement represents an important part of the transition of the Company’s management and control that began a few weeks ago when I was appointed Chief Executive Officer. We expect that the effect of this Agreement will be increased investor confidence in the stability of the Company and its management, as well as increased confidence in the Company’s strategic direction. I look forward to moving ahead with a clearer demarcation of my ability to affect the Company in a positive manner and more effectively respond to the needs of our shareholders.”
CADUCEUS SOFTWARE SYSTEMS CORPORATION (OTCBB: CSOC)
"Up 42.40% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CSOC.php
Caduceus Software Systems Corp. is a software company that specializes in developing an all-in-one solution for private practitioners and doctors. We are in the healthcare information management industry. We are headquartered in the United Kingdom, specifically located in the metropolitan city of Birmingham. Our company was created as we saw an urgent need for better patient care throughout the world. General practitioners are using unsophisticated software which acts as a more administrative than acting as a time saving tool. We are called Caduceus, which is the well-known insignia used by medical professionals.
CSOC News:
October 26 - Caduceus Software System Seeks Funding
Caduceus Software Systems Corp. (OTCBB: CSOC) (the “Company”) would like to announce that the Company has been actively seeking funding avenues to support its operations and provide working capital. The Company is investigating various financing alternatives including debt and/or equity financing. Caduceus Software Systems has received initial proposals from potential funders and is currently reviewing these proposals with the intention of engaging in further, detailed discussions. Caduceus Software Systems remains confident that it will shortly secure a comprehensive financing structure for the Company shortly.
“We are confident that we will be participating in a near future financing as we believe that our Software System is sound, the market is large, the future for this type of Software is very bright and because we want to be an integral part of addressing the Health Care Software Solution.”, comments Derrick Gidden, President of Caduceus Software Systems.
NX GLOBAL INCORPORATED (OTCBB: NEGSD)
"Up 6.92% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NEGSD.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.
NEGSD News:
October 27 - NX Global, Inc. Announces Corporate Action
NX Global, Inc. (OTCBB: NEGSD) 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.
UNIVERSAL DETECTION TECHNOLOGY (OTCBB: UNDT)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/UNDT.php
Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the company, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products.
UNDT News:
October 19 - Universal Detection Technology Announces Development of Smart Phone Compatible Radiation Detector
Device to Communicate Radiation Readings With Smart Phones
Universal Detection Technology (OTCBB: UNDT), a developer of early-warning monitoring technologies to protect against biological, chemical, radiological, and nuclear (CBRN) threats, announced today that it has started developing a smart phone compatible radiation detector. The device will be able to read radiation levels and to communicate the results with smart phones such as Apple's iPhone.
The device is being developed in response to the needs of the Company's current and potential customers to have the ability to capture radiological data on a smartphone to be saved, analyzed, and immediately uploaded to any distribution channel. The Company is working to launch the device in the second quarter of 2012. Once completed, the Company plans to make the device available in the United States, Japan, and other countries as well. The initial development of the device has been focused on making it "blue tooth" compatible with Apple's iPhone although the Company expects to add other smartphone platforms in the future.
The Company cannot assure that it will successfully develop the device in the anticipated time frame for development, if at all, due to any number of factors including software of other scientific difficulties, lack of funding, or abandonment of the project, if customer demand diminishes substantially.
ENERGY 1 CORPORATION (OTC: EGOC)
"Up 16.67% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EGOC.php
Energy 1 Corporation is a U.S.-based Energy Research and Development Corporation, which is developing energy and emission solutions for the post carbon economy for the transportation industry.
EGOC News:
October 25 - Energy 1 Corporation to Acquire Master Lease Owner Operator Services
Energy 1 Corporation (OTC: EGOC) announced that it has reached an agreement to acquire the majority of the assets of Master Lease Owner Operator Services (MLOOS) while integrating all current and future business under the E1 brand and management on a going forward basis.
"This is a significant deal and a major step forward for Energy 1 and its continued relationship with Master Lease and their affiliated companies," said Raymond T. Brown, Chairman of E1. "This acquisition adds $4MM to $4.5MM in and annual cash flow to the Company immediately while only representing a small portion of ML's current customer base. We believe it's a business model that can grow substantially and we'll seek to expand this platform for all future E1 customers as we add to the overall fleet portfolio."
As part of the ongoing agreement with Master Lease, the Company will also begin to integrate its technologies as well as other licensed products onto MLOOS customer vehicles. It is the overall intent of E1 to grow a portfolio of over-the-road vehicles that have been retrofit to meet both current and future emission standards while offering the consumer an economic solution versus total vehicle replacement in order to meet EPA & CARB requirements.
TEAM NATION HOLDINGS CORPORATION (OTCBB: TEMN)
"Up 33.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TEMN.php
TEAM Nation Holdings Corporation, a Nevada corporation ("TEAM"), is a management and services company specializing in title insurance and escrow services through our affiliate title agency(ies). TEAM Nations Holdings Corporation also services the provision of management, production services, HR administration, IT support, and accounting administration for title insurance companies and related real estate ventures.
TEMN News:
May 31 - TEAM Nation Announces $1,338,005.81 Positive Balance Sheet Adjustment After Removal of Financing Agreement Derivatives
TEAM Nation Holdings Corporation (OTCBB: TEMN) ("TEAM") reports that JMJ Financial has provided written confirmation of the mutual termination agreement of it finance agreement with the company. As anticipated, the Company's independent auditors, Kelly & Associates, have confirmed the removal of all derivatives associated with the financing resulting in a positive balance sheet adjustment of $1,338,005.81. The Company had entered into the agreement on November 18, 2009 and to date the Company had received a total of $125,000 of total proceeds under the agreements, all of which had been converted under the operative agreements into common shares of the Company's stock. The determination for cancellation was made upon review of the accounting and conversion provisions of such notes; consideration matters and current market conditions called for the cancellation of such agreement.
Dennis R. Duffy, Cofounder and Board member of TEAM, stated, "We are pleased to follow through with the removal of liabilities that create a drag on our financial statements and present a skewed picture of the company's progress and potential. We will continue to seek operating capital that will fund our national expansion plan and will make every attempt to bolster our balance sheet wherever possible."
About Master Lease
Headquartered in Henderson, Colorado, Master Lease provides lease financing for over-the-road trucks & trailers. The company's customer base consists primarily of owner-operators and small trucking companies who haul for regional distributors such as First Choice Transport, Greatwide Logistics, HVH, Landstar, Monfort, National Carriers and Power Source.
|
