For Thursday, October 13th
TOPS, ANDI, ATIG, EGAN, LIZ, ECPN
Our Stocks to Watch tomorrow include TOP Ships Inc. (NASDAQ: TOPS), Andiamo Corp. (OTC: ANDI), Atlantis Internet Group Corp. (OTC: ATIG), eGain Communications Inc. (OTCBB: EGAN), Liz Claiborne Inc. (NYSE: LIZ) and El Capitan Precious Metals Inc. (OTCBB: ECPN).
TOP SHIPS INCORPORATED (NASDAQ: TOPS)
"Up 91.18% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/TOPS.php
TOP Ships Inc. is an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities.
TOPS News:
September 30 - Top Ships Inc. Announces Sale of the M/V Cyclades
TOP Ships Inc. (NASDAQ: TOPS), an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities, announced today that it has entered into an agreement to sell the M/V CYCLADES, a 75,681 dwt drybulk vessel built in 2000. The vessel is expected to be delivered to its new owners by early November 2011. The sale of the M/V CYCLADES will result in a book loss of approximately $40 million.
ANDIAMO CORPORATION (OTC: ANDI)
"Up 60.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/ANDI.php
Andiamo Corporation operates as a real estate closing, escrow services, and title insurance agency in Florida. It provides real estate closing services and issues property title insurance policies that serve the real estate industry. The company was formerly known as Title Consulting Services, Inc. and changed its name to Andiamo Corporation in July 2011. Andiamo Corporation was incorporated in 2000 and is headquartered in St Petersburg, Florida.
ANDI News:
October 6 - Andiamo Corporation Releases New App: Create Your Own Smartphone App
Andiamo Corporation (OTC: ANDI), a subsidiary of Action App Corporation, announces a new service that will make it simple to create a smartphone app full of features, including SMS text marketing for business promotion. It will also create your business icon to be placed directly on customers' phones for increased awareness and it includes unlimited text marketing at no additional charge.
"Every company with a website now needs the migration of their information into mobile apps and we see this as an emerging market that has the opportunity to explode. I always liked the text to market campaigns, but our previous attempt was simply too expensive to maintain. With this technology, customers can create their own apps, modify their apps and create their own text campaign for a low monthly fee. This refined process eliminates the need for inside technical staff, thereby increasing the potential profitability. As this gains in popularity, it will increase our income with recurring revenues to complement our App development.
While this is not a proprietary business model, we feel that we can do well to develop this market based on our previous business experience.
We will look to hire salespeople after the end of the year, as our number one goal right now is app deployment and positioning for the upcoming holiday season," said Dustin Secor, CEO of ANDI.
ATLANTIS INTERNET GROUP CORPORATION (OTC: ATIG)
"Up 74.19% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/ATIG.php
Utilizing an innovative development team and licensed gaming executives to oversee its state-of-the-art online gaming, slot machine and gaming network products, Atlantis Internet Group Corp. ("ATIG") has bridged the gap between traditional gaming casinos and online gaming. ATIG is one of the first companies to interface with online games and player tracking systems found on traditional floor slot machines, and one of the only online gaming products used in Nevada and now the rest of the United States.
ATIG News:
July 25 - Atlantis Internet Group Corp. to Feature "Racetrax®" From Tabcorp
Animated Racing Game to Be Offered Nationwide via ATIG's Tribal Gaming Network
Atlantis Internet Group, Corp. (OTC: ATIG) announced that it has entered into an agreement with Tabcorp to supply Racetrax®, a simulated racing game, to Indian Casinos nationwide via ATIG's Tribal Gaming Network (TGN) — a private gaming network linking Indian Casinos nationwide offering Wide Area Progressive, Class III, Class II and Online Games on Indian lands. This multi-million dollar, multi-year license agreement represents the first time Racetrax® has been offered in any US State except Maryland.
The exciting animated Racetrax® game will join the other popular games featured on the TGN, like TGN Poker, Thunderball — a Powerball-like Mega Lotto game; Quarterback Draw Football — a legal simulated Sportsbook/Bingo game, Wide Area Progressive Slots, Live Dealer Online Games, Tournament Games and your favorite traditional casino games.
Racetrax®, developed and operated by Tabcorp, Australia's premier gambling and entertainment group, is a hugely popular animated racing game that combines the excitement of thoroughbred, harness greyhound and car racing with the simplicity and payout characteristics of number games such as Keno. With fixed returns available on Win, Place, Quinella and Trifecta bet types Racetrax® gives customers the chance to win real money on make believe races. Racetrax® will be launched on the TGN in the Fall of 2011. Racetrax® will be offered via the TGN terminals located in Indian Casinos linked nationwide based on a National Indian Gaming Council (NIGC) opinion allowing ATIG to link Tribes together offering Intertribal gaming in 28 States.
The game's animations will be distributed using the Casino's Intranet and satellite television to all eligible retail locations. It is expected that Racetrax® will be seen in Indian Casinos and Truck Stops, Smoke shops and Cyber Café's on Indian lands nationwide. The game has already been a hit in Denmark, Croatia and Sri Lanka and is available through Tabcorp wagering venues in Victoria and New South Wales, Australia.
"With virtually no Federal or State legislation passed to offer nationwide games via the Intranet, the TGN is in a class by itself and with games like Racetrax®, ATIG will offer Indian Casinos nationwide some of the largest jackpots and exciting entertainment since the creation of Powerball. We are proud to add Racetrax® to our list of industry-leading casino games," stated Donald Bailey, President/CEO of Atlantis Internet Group, Corp.
"We are pleased to see the expansion of Racetrax® throughout the American Indian gaming market," said David Attenborough, Tabcorp Chief Executive Officer. "Racetrax is not only innovative, but technologically advanced and very popular in our Australian wagering venues. We look forward to delivering high quality virtual racing games to the Indian Casino market through our partnership with ATIG and their Tribal Gaming Network."
EGAIN COMMUNICATIONS CORPORATION (NASDAQ: EGAN)
"Up 16.54% on Wednesday"
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 34.12% on Wednesday"
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 17.24% on Wednesday"
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.
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