For Wednesday, October 12th
GCLL
EGAN, LIZ, ECPN, OGNG, AAVG, GARB
Our Stocks to Watch today include Our Stocks to Watch today include GreenCell Inc. (OTCBB: GCLL), eGain Communications Inc. (OTCBB: EGAN), Liz Claiborne Inc. (NYSE: LIZ), El Capitan Precious Metals Inc. (OTCBB: ECPN), Organa Gardens International Inc. (OTCBB: OGNG), AvStar Aviation Group Inc. (OTCQB: AAVG) and Garb Oil & Power Corp. (OTC: GARB).
FEATURED COMPANY
GREENCELL INCORPORATED (OTCBB: GCLL)
"Up 9.23% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GCLL.php
Company Profile: http://bit.ly/rjsQnf
GreenCell Inc., founded in 2009 and headquartered in Orlando, Florida is engaged in a joint venture with SenCer Inc. to develop, commercialize, and market SenCer's UltraTemp™ ceramic composite materials for home and transportation applications.
GCLL News:
October 11 - GreenCell, Inc. Announces New Hiring and Continued Expansion of the Company
GreenCell, Incorporated (OTCBB: GCLL) announced the hiring of Mr. Jason Voellinger as a process engineer for the scale-up of the ceramic igniter and other component lines.
Mr. Voellinger has 10 years experience in process engineering of advanced technical ceramics and is a graduate of Alfred University. His direct duties will be in developing the automation points for component manufacturing and integrating into the line.
Dan Valladao, Chairman and CEO, states "As we continue to work towards our first product distribution we anticipate continued expansion of the company which will help promote new jobs for the area."
STOCKS TO WATCH
EGAIN COMMUNICATIONS CORPORATION (NASDAQ: EGAN)
"Up 14.79% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EGAN.php
eGain is the leading provider of cloud and on-premise customer interaction software for sales and service. For over a decade, eGain solutions have helped improve customer experience, grow sales, and optimize service processes across the web, social, and phone channels. Hundreds of global enterprises rely on eGain to transform fragmented sales engagement and customer service operations into unified Customer Interaction Hubs (CIHs).
EGAN News:
October 11 - eGain Announces NASDAQ Listing
NASDAQ Trading Expected to Start October 12, 2011 Under Symbol "EGAN"
eGain Communications (OTCBB: EGAN), a leading provider of cloud and on-premise customer interaction hub software, today announced the NASDAQ Stock Market LLC has approved its application for listing of the Company's common stock under the symbol "EGAN". Trading on the NASDAQ Capital Market is expected to begin on October 12, 2011.
"Listing on the NASDAQ exchange is an integral part of our plan to build shareholder value and strengthen our shareholder base," said Ashu Roy, eGain CEO. "The NASDAQ listing will provide increased visibility and a broader range of investors access to our stock as we strive to deliver the best knowledge-powered customer interaction product to the global market."
LIZ CLAIBORNE INCORPORATED (NYSE: LIZ)
"Up 40.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/LIZ.php
Liz Claiborne, Inc. engages in the design and marketing of a range of apparel and accessories. It offers men’s, women’s, and children’s contemporary apparel, denim and casual sportswear, fashion apparel, career and casual sportswear, intimate apparel, activewear, footwear, and jeanswear. The company also provides various wholesale non-apparel products, including accessories, jewelry, and handbags. It offers its products to department store chains and specialty retail store customers uder a variety of different brand names.
LIZ News:
October 12 - J. C. Penney Company, Inc. Accelerates Its Option to Acquire Liz Claiborne Brands From Liz Claiborne Inc.
Transaction Includes the Purchase of Fashion Jewelry Brand Monet
J. C. Penney Company, Inc. (NYSE: JCP) announced that it has reached an asset purchase agreement with Liz Claiborne Inc. (NYSE: LIZ). Under this agreement, the Company will acquire the worldwide rights for the Liz Claiborne family of brands as well as the U.S. and Puerto Rico rights for the Monet brand for $267.5 million.
The Company has been the exclusive licensee for all Liz Claiborne and Claiborne-branded merchandise in the U.S. and Puerto Rico since August 2010. Under the terms of the original 10-year agreement, J. C. Penney Company could exercise its rights to purchase the Liz Claiborne family of brands after year five of the agreement or again at year 10. Today's announcement accelerates the original agreement and includes the acquisition of the timeless fashion jewelry brand, Monet. The Company expects that jcpenney will become the exclusive destination for Monet, a brand currently not offered at jcpenney, by August 2012.
Myron E. (Mike) Ullman, III, chairman and chief executive officer, said, "This is the culmination of our extremely successful partnership with Liz Claiborne Inc. The brands we are acquiring hold tremendous appeal for our customers, and the performance of the Liz Claiborne and Claiborne brands at jcpenney has consistently exceeded our high expectations. We will now build on that strength to accelerate the brands' performance."
Incoming Chief Executive Officer Ron Johnson added, "As we seek to be part of our customers' everyday lives, ensuring that we offer the brands that are most relevant to them is a crucial component in transforming jcpenney into America's favorite store. Liz Claiborne and Monet are classic brands that resonate deeply with consumers. Our ownership of these brands gives us a strong foundation for continued innovation and growth."
Under the terms of the agreement, the Company will acquire the worldwide rights and intellectual property for the entire Liz Claiborne brand portfolio, including Liz Claiborne, Claiborne, Liz, Liz & Co., Concepts by Claiborne, LC, Elizabeth, LizGolf, LizSport, Liz Claiborne New York (LCNY) and Lizwear brands. Additionally, the Company expects to retain the highly talented Liz Claiborne design team, which will continue to lead the creative process for these brands.
The transaction, which is subject to Hart-Scott-Rodino approval, is expected to close within 30 days.
ABOUT J. C. PENNEY COMPANY, INC.
J. C. Penney Company, Inc., one of America's leading retailers, operates over 1,100 jcpenney department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp.com. Serving more than half of America's families each year, the jcpenney brand offers a wide array of private, exclusive and national brands which reflect the Company's vision to be America's shopping destination for discovering great styles at compelling prices. Traded as "JCP" on the New York Stock Exchange, the $17.8 billion retailer is transforming its organization to support its Long Range Plan strategies to build a sustainable, profitable enterprise that serves its customers, engages its associates and rewards its shareholders.
EL CAPITAN PRECIOUS METALS INCORPORATED (OTCBB: ECPN)
"Up 20.69% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ECPN.php
El Capitan Precious Metals, Inc., an exploration stage company, engages in the exploration of precious metals and other minerals in the southwestern United States. It primarily explores for gold, silver, and platinum metals. The company principally holds interest in the El Capitan property located near Capitan, New Mexico. It also holds interest in the COD property comprising 13 claims located in Mohave County, Arizona. The company is based in Scottsdale, Arizona.
ECPN News:
October 12 - ECPN Announces Completion of Due Diligence Preparation
El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced that it has completed preparation of the basic elements for the due diligence activity required to market the approximately 250 acre site currently being analyzed. This site has been verified to have at least 141 million tons of measured resource.
These basic elements include:
1) The appointment of the due diligence team led by Dr. Noel Palmer and Dr. Clyde Smith.
2)The geological data describing the claim site and the surrounding region.
3) The formulation of its “carbon pre-roast silver-lead collection” recovery technique reliably yielding improved results in a lower cost of recovery as well as showing higher values of the precious metals.
4) Obtaining values generated from “chain of custody” head ore concentrates which were validated by commercial sale.
The Company is exceptionally well positioned to demonstrate both the asset value of the ore and an efficient cost of precious metal recovery.
ORGANA GARDENS INTERNATIONAL (OTCBB: OGNG)
"Up 95.12% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/OGNG.php
Organa Gardens International Inc. has a vertical hydroponics farming system built to make the most efficient use of light, energy, water, land, temperature and production cycle while growing the highest quality and healthiest plants in an optimum, consistent environment unaffected by weather. The Organa Garden Systems (OGS) provide a means for food production and consumption change to global environmental and ecological sustainability through vertical hydroponics rotary farming.
OGNG News:
September 13 - Organa Gardens and IGT Introduce DURASPEED, a Special Marine Powder Coating
Organa Gardens International Inc. (OTCBB: OGNG) reports that its powder coating and equipment division, Integrated Green Technologies LLC (IGT) has successfully completed field trials for its newly developed "DURASPEED" powder coating for boat propellers, drives (IPS),shafts, bow thrusters, trim tabs and keel coolers. The trials were conducted under the control of the Volvo Penta (Inboard performance system) warrantee facility in Fort Myers, Florida. The coating was applied using the patented IGT #100-B electrostatic thermal spray powder gun system, which allows for the powder coating of parts without the need for a bake oven.
IGT's proprietary foul release coating contains no environmentally harmful components and is designed to hinder the growth of marine life on the surface of the parts while at the same time, due to the extremely smooth surface of the coating, allow for minimum resistance between the part surface and the water. This feature, in test data running in parallel with other smooth coatings, has proven to equal or exceed all others both in RPM increase and fuel efficiency. Further inspection of the coating in comparison to others, revealed that all coatings except for DURASPEED coating required underwater cleaning within 6 weeks of operation. The minimum expected service life is several years based on a successful four year test conducted previously. What is considered efficient foul release coatings typically measure their useful life in months on the various parts of a boat. Until now, in the case of the Volvo IPS drive system, there has been no coating available that provides the features of DURASPEED.
Joe Moretti, CEO of IGT states, "We are most excited introducing DURASPEED to our line of marine products. Moreover, the marine industry will welcome the product as it will solve many long and short term issues. All marine experts should and will be introduced to DURASPEED. I believe this product will have a profound impact on the marine industry as we know it."
IGT is an industrial tools, machinery & equipment manufacturer and a provider of consumable supplies & materials. IGT is also a distributor of heavy-duty blasting equipment and "green" environmentally safe mobile powder coating systems featuring the patent pending Triplex Electrostatic/ Electrostatic Thermal Spray/ Non-Electrostatic Thermal Spray and Powder Coating Spray and Conversion Device.
AVSTAR AVIATION GROUP INCORPORATED (OTC: AAVG)
"Up 35.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AAVG.php
AVSTAR Aviation Group, Inc. ("AVSTAR ") has a main focus on acquiring, consolidating, and growing businesses in the aviation industry. Also, the company is focusing on acquiring and/or developing companies that provide products and services for the general aviation service business.
AAVG News:
October 12 - AvStar Aviation Group, Inc. Releases Company Activity Update
AvStar Aviation Group, Inc. (AvStar) (OTCQB: AAVG) released the following company update concerning current operations.
DOT Commuter Authority
Twin Air Calypso Limited, Inc. received the first request for additional information from the DOT in mid-September. The nature of the requests was as expected; the responses are being finalized and will be forwarded to the DOT on Friday October 14, 2011.
Cuba Authority
The application by Twin Air Calypso Limited, Inc. for its Cuban authority is still being processed by OFAC. The company's intention is to open a market from the Ft. Meyers/Naples area. This market has just recently opened for Cuba travel via the Regional Southwest International Airport and inquiries to the local Cuban-American population has shown a market exists that is suited to our size of operation. Until Twin Air Calypso receives their authority, the company is negotiating with one of their strategic partners to begin this service using their Cuba Authority to quickly open this market. Further details of the company's plans and projections are being gathered at this time and will be released shortly.
Twin Air Calypso Travel Club
The company plans to begin issuing the "TwinBucks" card the week of October 17, 2011. The card can be used by our customers for Twin Pack purchases and have the ability to add credit for freight, excess baggage, and other Twin Air Calypso services. The customer will be able to monitor their account on-line and purchase services remotely. As an expansion of the card the company will be introducing the "Twin Air Calypso Travel Club". The club will offer various levels of membership having privileges and discounts based upon monthly dues or a minimum cash balance maintained on their "TwinBucks" card.
Convertible Notes
The company is currently negotiating with a private investor to retire the company's convertible notes. Details will be announced as they become available.
Company Investments
The company has been in contact with several private investors, seeking to place cash investments into the company to aid its current efforts of expanding our operations as well increasing the size and capacity of aircraft. The company will continue to keep shareholders updated as further details of these negotiations become available.
The company continues to pursue other opportunities to increase operations, expand coverage areas increase revenues, and investor equity in the company.
Bahamas Expansion
As economic conditions force larger carriers to abandon smaller destinations, Twin Air Calypso is analyzing these destinations for future operations. Along those lines, the company is actively researching the possibility of expanding its relationship with one of their current alliances.
GARB OIL & POWER CORPORATION (OTC: GARB)
"Up 22.22% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GARB.php
Garb Oil & Power Corporation is dedicated to the application of ClosedCycle™ principle and NoWaste™ residue. Our plants for Rubber Recycling, E-Waste and E-Scrap Recycling, Waste to Energy and OTR processing plants are all developed with these principles in mind. Garb believes that processing waste should be economically viable and leave NoWaste™. It is our endeavor to build plants that continue to push the boundaries for the attainment of the ClosedCycle ™ principles and a world with NoWaste™.
GARB News:
October 11 - Garb Oil & Power Corporation Secures Short Term Capital
Garb Oil & Power Corporation (OTC: GARB). Garb is pleased to announce that short term capital has been secured. This short term capital will assist Garb in completing financial filings by mid-November and provide overhead working capital until February 2012. Management believes this funding will provide sufficient resources for Garb until the Company begins accessing their previously announced $20,000,000 line of credit, which will be available shortly after the filings are completed.
John Rossi, President and CEO of Garb, stated, "This funding allows us to get our filings completed and focus our efforts on the implementation of our $20,000,000 Line of Credit to bring our model and technology to fruition."
Additionally, Rossi stated, "The West Coast Wall Street Conference we attended in Newport was a tremendous success in terms of the number of investors and parties that have expressed an interest in Garb. We are now in the process of following up and providing additional due diligence material to the interested parties and will provide progress updates to our shareholders as they materialize."
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