For Thursday, August 18th
PRMX, XTOG, EIHC, BCLE, MGRND, DTRO
Our Stocks to Watch today include Legends Foods Corp. (OTC: PRMX), Xtreme Oil & Gas Inc. (OTCQB: XTOG), Environmental Infrastructure Holdings Corp. (OTCBB: EIHC), Bio-Clean International Inc. (OTC: BCLE), Marquis Tech Holdings Inc. (OTC: MGRND) and Deltron Inc. (OTCBB: DTRO).
PRECIOUS METALS EXCHANGE / LEGENDS FOOD CORPORATION (OTC: PRMX)
"Up 137.84% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/PRMX.php
Precious Metals Exchange Corp. once operated as as an online precious metals dealer and now operates as a food services company.
PRMX News:
August 17 - Legends Foods Corporation Signs Letter of Intent to Acquire Mary of Puddin Hill, Inc.
Legends Foods Corporation (OTC: PRMX) announced that a Letter of Intent (LOI) has been signed with the owners of Mary of Puddin Hill to acquire the iconic company. Mary of Puddin Hill is famous for its line of award winning pecan fruit cakes, pecan pies, brittles and chocolates.
Laurence Briggs, President and CEO of Legends Foods, who is leading the team to build a group of food companies specializing in upscale Texas products, stated, "Mary of Puddin Hill is a great opportunity for our Company. The people there are very devoted and proud of their award winning products. They have built a great reputation for delicious products and their quality brand which is second to none. The 43,000 square foot facility enables considerable growth and expansion into other product lines, particularly those that are contra cyclical to the holiday products, which have built the Puddin Hill exceptional reputation."
Mary of Puddin Hill has a significant following of clientele who are loyal repeat gift customers. Combining Legends Foods new line of products, which will be rolling out in September, with the Puddin Hill (www.puddinhill.com) products should enable significant economies and revenue growth in production and marketing.
The stock symbol for Legends Foods Corporation will change from PRMX to LJWY within 30 days of July 19, 2011.
XTREME OIL & GAS INCORPORATED (OTCBB: XTOG)
"Up 95.12% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/XTOG.php
Xtreme Oil & Gas, Inc. is a rapidly growing Dallas-based independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations producing oil and gas from properties it owns and operates in Texas, Oklahoma and most recently Kansas. Xtreme operates a complementary commercial saltwater disposal business serving the oil and gas industry. Xtreme has strategically positioned its saltwater wells local to producers and truckers alike and will be able offer disposal services to these groups at significantly lower prices.
XTOG News:
March 17 - Xtreme Oil & Gas Completes Third Party Valuation of $102 Million
Xtreme Oil & Gas, Inc. (OTCQB: XTOG) announced that over the last 18 months, the Company has been successful in filing with the Securities & Exchange Commission a Form 10 and a S-1 Registration Statement (both approved), a 15C-211 with FINRA through Spartan Securities (approved), three years of Audited Financials and as part of the process of becoming a fully reporting company updated and completed a third party private valuation that concluded the Company was worth $102,520,900 or $2.24 per share today.
The valuation was performed using several methods including discounted cash flow, price to earnings based on market comparable data, and book value. The results from each method were combined and averaged to determine a fair value for the Company.
Willard G. McAndrew III, CEO of Xtreme, (4th generation former Exxon employee), commented, "We have made substantial and steady progress executing our business model, bringing projects online, and acquiring assets for our Company. With a number of projects nearing completion, our experienced management team, and increased reserves, we are closer to generating significant oil production and saltwater disposal bringing additional returns to our shareholders."
ENVIRONMENTAL INFRASTRUCTURE HOLDINGS (OTC: EIHC)
"Up 25.81% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/EIHC.php
Environmental Infrastructure Holdings is the parent company of diverse environmental manufacturing, engineering and services companies. Currently, EIHC has one subsidiary Equisol, LLC, as well as investments in various joint ventures and partnerships. Recognized in 2008 by INC Magazine as the 7th fastest growing private environmental services company in America, Equisol, LLC, is a unique equipment solutions provider specializing in the water and wastewater industry. Its team of top-rated engineers specializes in automation equipment and services across multiple industries where water use and automation are important.
EIHC News:
July 7 - Environmental Infrastructure Holdings Corp. Announces Equisol Energy Services Obtains EPA Certification
Environmental Infrastructure Holdings Corp. (OTCBB: EIHC) has announced that Equisol Energy Services (EES), a division of Equisol, LLC, has completed the requirements necessary to be EPA Certified to obtain field water samples from the Marcellus Shale and other oilfield areas to ensure water that is used and generated in this industry meets federal and local requirements established to eliminate any environmental impact.
Mike Cooper, President of EES, stated, "This certification is necessary for environmental professionals working at state, local, and tribal agencies who are involved in the collection, transfer, analysis, storage, and disposal of samples and data and we intend to have the entire Equisol team certified as we provide field services to the oil & gas industry."
BIO-CLEAN INTERNATIONAL (OTC: BCLE)
"Up 73.33% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/BCLE.php
Bio-Clean International, Inc. recognizes the problems facing our environment. Our exclusive, non-toxic, bio-remediation fluids provide an environmentally-safe solution. Our exclusive products and machines have been tested and shown to be in complete compliance with environment regulations, in other words, "Cleantech."
BCLE News:
August 17 - Bio-Clean International Enters into Letter of Intent with Mariner's Choice International
Bio-Clean International, Inc. (OTC: BCLE) announced that it has entered into a Letter of Intent to Joint Venture with Mariner's Choice International, Inc. (OTC: MCII). With offices in Jacksonville, Florida Mariner's Choice International is involved in the development and distribution of ecology safe products for boats, cars, workplace and household.
Mike Roth, President & CEO of Bio-Clean International, stated, "We are excited about this new opportunity. It allows us to add another aspect of eco-friendly business opportunities and we expect it to bring significant revenues to the company. We hope to reach an agreement soon with Mariner's Choice."
Amie Hingston, President of Mariner's Choice, added, "We welcome the opportunity to join forces with a like-minded company in the 'green' category, which could enhance the sales growth of both companies. We are looking forward to forming a productive and rewarding relationship with Bio-Clean International."
ABOUT MARINER'S INTERNATIONAL, INC.
Mariner's Choice International, Inc. manufactures and markets high-performance, ecologically safe commercial, industrial and retail products utilizing leading-edge readily biodegradable technologies. Each product is tested to exacting standards and superior performance levels that often exceed those of comparable products that contain harmful compounds or ingredients. Some of the company's "green" products employ nanotechnology.
MARQUIS TECH HOLDINGS INCORPORATED (OTC: MGRND)
"Up 33.33% on Wednesday"
Detailed Quote: www.otcpicks.com/quotes/MGRND.php
Marquis Tech Holdings, Inc. is currently in the process of building a successful portfolio of revenue generating technology and real estate assets. In our role as managers, operators, and marketers of technologies we believe that leveraging our industry experience and capitalizing on our strategic relationships are the best ways to achieve profitable results. Marquis' company philosophy is to acquire domestic and international companies which possess an inherent competitive edge whether it's derived through written law, intellectual property, or government contracts and inject the capital necessary to maximize earnings while pooling resources and managing the logistics to ensure all acquisitions operate in efficient harmony.
MGRND News:
August 8 - Marquis Tech Holdings Announces Corporate Update on its Parking System & Gold Project
Marquis Tech Holdings, Inc. (OTC: MGRND) announces that it has finalized the schematics on it’s for profit parking system in Georgetown, Guyana. The system will consist of 3,500 parking spaces including 1,000 high priority and 2,500 low priority parking spaces. The company projects it will charge 75 cents per hour on the high priority and 30 cents per hour on the low priority spaces. The company anticipates the system will generate over $3.5M in gross revenue in its first year of operations.
The company will be posting the initial site plan on its website www.MarquisTechHoldings.com later this week for investors and residents to view.
“We feel it is a smart decision to begin with 3,500 spaces, and our prices are conservative with room to grow with inflation. Our goal here is simple, to build and operate this system on behalf of the City of Georgetown for the next 25 years. This is only one of a number of initiatives the company will be undertaking to improve the quality of life in Guyana. We are excited to have the cooperation of the City Council and we look forward to continuing to foster a long term productive relationship.”
The company also announces it is making progress on the Marquis Gold Project which it currently estimates to have $50M of gold reserves on the property. “We have been receiving an overwhelming amount of phone calls and emails regarding our gold project. We would like everyone to know that the company is working as fast as possible to get this property generating revenue. We are currently working on numerous fronts while trying our best to maximize our resources. We are close to appointing a General Manager on the Marquis Gold Project, and we will be updating our shareholders throughout this process. Right now, we have a tremendous amount of opportunities on the table, and maintaining focus while moving forward on all fronts is critical to our success.”
DELTRON INCORPORATED (OTCBB: DTRO)
"Up 33.33% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/DTRO.php
Deltron acquires profitable businesses with strong management teams, substantial revenue and established market positions. Wholly owned subsidiary Blu Vu is a developer of proprietary closed circuit rebreather technology and components that go beyond conventional scuba systems to enable commercial and recreational divers to go deeper, stay underwater longer and recover faster. Wholly owned Elasco is a proven innovator in product manufacturing with a 30-year operating history, diverse customer base and vertically integrated manufacturing facility in Garden Grove, California.
DTRO News:
June 13 - Deltron’s Blu Vu Invited to Present its Rebreather Solutions at America's Largest Consumer Dive Expo
Deltron, Inc. (OTCBB: DTRO) reports that the Company’s highly innovative rebreather Bail Out Valve (BOV) components were showcased at SCUBA Show 2011 on June 4th and 5th in Long Beach, California. Dr. Jeffrey Bozanic, international diving safety expert and head of Deltron’s Blu Vu division, was invited to conduct a seminar for the conference’s more than 12,000 attendees entitled “Rebreathers for the Mass Market”. Deltron’s Blu Vu designs and develops components and systems for closed-circuit rebreathers—underwater life support systems that recirculate breathing gases to enable deeper, longer and more productive dives.
Founded in 2008, Blu Vu is led by internationally renowned deep sea and cave diving expert Jeffrey Bozanic, Ph.D. Blu Vu is focused on the design and development of proprietary closed-circuit rebreathers and components for commercial and recreational diving. At SCUBA Show 2011 the Blu Vu team presented its rebreather components to potential customers including rebreather OEM’s, resellers, dive shops, diving experts, diving agencies, dive tech developers and to PADI, the training agency for recreational divers.
Dubbed America’s Largest Consumer Dive Expo, SCUBA Show 2011 is sponsored by organizations including DAN, PADI, California Diving News, the Wyland Foundation, LiquidAssets.tv, Sport Chalet and REEF. World famous marine artist and conservationist Wyland created a live painting and exhibited his artwork at the show. Hundreds of companies and agencies exhibited, and attendance topped last year’s record 11,216 registered visitors.
Henry Larrucea, CEO of Deltron, commented: “We were extremely pleased to have been selected to present our solutions at SCUBA Show 2011, one of the recreational diving industry’s top conferences. Dr. Bozanic’s seminar on the growing use of rebreathers for recreational diving and the many advantages of rebreathers over conventional SCUBA systems was well attended and well received. Deltron is excited to pursue the opportunities we see opening up within what we believe is a highly lucrative niche market with significant room for growth.”
Last week Deltron reported highly positive second quarter financial results. For the quarter ended March 31, 2011, Deltron’s wholly owned Elasco, Inc. manufacturing subsidiary increased revenue by 36.5% and increased gross profit by 322% over the second quarter last year.
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