For Thursday, February 9th
NXOI, MOTR, GRCO, AVID, STHG, ALZM
Our Stocks to Watch tomorrow include Next One Interactive Inc. (OTCBB: NXOI), Motricity Inc. (NASDAQ: MOTR), Greenbelt Resources Corp. (OTC: GRCO), Avid Technology Inc. (NASDAQ: AVID), Stratton Holdings Inc. (OTC: STHG) and Allezoe Medical Holdings Inc. (OTC: ALZM).
NEXT 1 INTERACTIVE INCORPORATED (OTCBB: NXOI)
"Up 44.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/NXOI.php
Next One Interactive, Inc. (NXOI) is a multi-faceted media company specializing in Travel and Real Estate. Next One plans the delivery of targeted content via multiple digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. In today's digital market Next One Interactive delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.
NXOI News:
February 6 - Next 1 Secures Minority Interest in Real Biz Media
Next One Interactive, Inc. (OTCBB: NXOI) ("Next 1") announced purchasing a minority interest its real estate partner RealBiz Media. The companies have agreed it is in their mutual best interest to turn operating loans into minority interest in Real Biz Media, as part of strengthening their ongoing relationship.
The companies have been working together for the past 18 months to develop and roll out the Home Tour Network, Real Estate Video on Demand (VOD) Network. This real estate marketing technology platform is able to combine the power of the Internet and Television and provide a single automated marketing solution for real estate professionals. Thus far, Home Tour Network has launched in: San Diego; Los Angeles; Washington, DC; Hartford and Providence, with up to 1,100 residential home listings per city.
This one-of-a-kind real estate marketing solution is designed to provide substantial revenue from multiple sources including advertising revenue, listing revenue, imaging solutions and referral fees. The technology platform has been successful in creating media assets including pictures, virtual tours and videos to automatically syndicate and publish them to the largest real estate websites (e.g. Realtor.com, Trulia.com, etc.), social networking sites (e.g. Facebook, YouTube, etc.) and television.
Steve Marques – CEO of RealBiz Media stated, "Real Biz Media is encouraged by the foresight of Next 1 who understands that to be successful in the near future a media company will need to deliver video assets with consumer centric content onto multiple media platforms. Real Biz Media is uniquely positioned to leverage this reality because of its ability to move video assets to TV, Internet and in the near future Internet television. Real Biz Media will take full advantage of the coming media convergence and is already positioned for success currently with its ability to efficiently produce and publish video assets to the web and TV in an automated, high impact fashion. We look forward to continuing our relationship with Next 1 as we grow and expand our services into the future."
"After 18 months of working together we are pleased to strengthen our joint venture by way of ownership," says, Bill Kerby, CEO of Next 1 Interactive.
ABOUT REALBIZ MEDIA
RealBiz Media, Phoenix, Arizona, is the leading provider of rich media and image content delivery for the Real Estate Industry. RealBiz Media is focused on providing both integrated and interactive solutions for the seamless creation of High Resolution Media tours and videos for web and wireless. This technology allows automatic distribution to Franchise Corporations, MLS Associations and Search Engines like YouTube, Social Networks and TV. RealBiz Media's rich media content is supported by their (IPG) Image Processing Group delivering patented imaging technologies that are now being deployed in over 20 million digital cameras and mobile devices. RealBiz360 continues to add to its outstanding reputation as a technology leader in advanced imaging and content delivery and now has offices in Phoenix, AZ; Toronto, Canada and Baia Mare, Romania.
MOTRICITY INCORPORATED (NASDAQ: MOTR)
"Up 33.85% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/MOTR.php
Motricity empowers mobile operators, brands and advertising agencies to maximize the reach and economic potential of the mobile ecosystem through the delivery of relevance-driven merchandising, marketing and advertising solutions. Motricity leverages advanced predictive analytics capabilities to deliver the right content, to the right person at the right time. Motricity provides their entire suite of mobile data service solutions through one, integrated, highly scalable managed service platform. Motricity's unique combination of technology, expertise and go-to-market approach delivers return-on-investment for our mobile operator, brand and advertising agency customers.
MOTR News:
February 8 - Motricity to Report Fourth Quarter and Fiscal Year 2011 Results and Host Quarterly Conference Call on March 1st
Motricity (NASDAQ: MOTR), a leading provider of mobile data solutions and services that enable wireless carriers to deliver high value mobile data services to their subscribers, announced it will report its fourth quarter and fiscal year 2011 financial results for the period ended December 31, 2011 following the close of market on Thursday, March 1, 2012. On that day, management will hold a conference call and webcast at 2:00 p.m. PT to review and discuss the Company's results.
GREENBELT RESOURCES CORPORATION (OTC: GRCO)
"Up 284.62% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/GRCO.php
Founded in 2001, Greenbelt Resources Corporation™ develops and implements technology that makes alternative fuel reliable, practical, and efficient. The company delivers business solutions with integrity and perpetually high quality control through intelligent support services. Greenbelt Resources subsidiary Diversified Ethanol Corporation™ provides end-to-end waste-to-ethanol solutions designed for localized processing of locally generated waste into locally consumed ethanol. The company's ethanol plants are built around the award winning Butterfield Closed Cycle System™.
GRCO News:
January 9 - Greenbelt Resources Corporation and Diversified Ethanol Contribute System To UF Biorefinery Pilot Plant
Greenbelt Resources Corporation (OTC: GRCO) announced that its wholly-owned subsidiary Diversified Ethanol Corporation will supply the distillation and dehydration system in the $20 million Stan Mayfield Bio Refinery Pilot Plant at the University of Florida Institute of Food and Agricultural Sciences laboratory. University and government officials cut the ribbon today at the Buckeye Technology facility in Taylor County, Florida to commence the project.
The bio refinery plant will identify better ways to produce fuel ethanol from biomass. The Diversified distillation and dehydration system will concentrate the ethanol to appropriate levels for use. Diversified will also provide ongoing technical support and monitoring services with 24/7 network connectivity to the system’s process controls from its headquarters in Paso Robles, California. Constant monitoring allows Diversified to remotely address system alerts and advise on system function changes as needed.
"Projects of this scope will help prove the validity of sustainable ethanol alternatives to fossil fuels,” said Darren Eng, CEO of Greenbelt Resources Corporation. “We are honored to be selected to work with the team led by the esteemed Dr. Lonnie Ingram.”
Greenbelt Resources was selected to participate via public bid process for its three years of experience with membrane distillation technology as well as for the reputation of Diversified technology innovator Floyd Butterfield.
AVID TECHNOLOGY INCORPORATED (NASDAQ: AVID)
"Up 19.14% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/AVID.php
Avid creates the digital audio and video technology used to make the most listened to, most watched and most loved media in the world – from the most prestigious and award-winning feature films, music recordings, television shows, live concert tours and news broadcasts, to music and movies made at home. Some of Avid’s most influential and pioneering solutions include Media Composer®, Pro Tools, Interplay®, ISIS®, VENUE, Sibelius®, System 5, and Avid® Studio.
AVID News:
February 7 - Avid Announces Results for Fourth Quarter 2011
Reports First Quarterly GAAP Net Income Since 2007
Avid (NASDAQ: AVID) reported revenues of $185.3 million for the three-month period ended December 31, 2011, compared to $195.3 million for the same period in 2010. The GAAP net income for the fourth quarter was $1.2 million or $0.03 per share, compared to a GAAP net loss of $571,000 or $0.01 per share, in the fourth quarter of 2010.
The GAAP net income for the fourth quarter of 2011 and GAAP net loss for 2010 included amortization of intangible assets, stock-based compensation, gain on asset sales in 2010 only, restructuring and other charges, and related tax adjustments collectively totaling $13.4 million and $14.8 million, respectively. Excluding these items, the non-GAAP net income for the fourth quarter of 2011 was $14.6 million, or $0.38 per share, compared to non-GAAP net income of $14.2 million, or $0.37 per share, for the fourth quarter of 2010.
“Our results for the fourth quarter were encouraging and reflect our continued efforts to streamline our operations and improve execution across the business,” said Gary Greenfield, chairman and CEO of Avid. “For the quarter, we reported positive GAAP net income for the first time since 2007, positive cash flow from operations and the highest gross margin as a percent of revenue since 2005. In addition, we have implemented the restructuring we announced in October and expect to see additional benefit from these actions in 2012. We continue to identify and implement changes across the Company to help improve our operational performance and remain sharply focused on improving profitability while driving revenue growth.”
Revenues for the twelve-month period ended December 31, 2011 were $677.9 million, compared to revenues of $678.5 million for the same period in 2010. The GAAP net loss for 2011 was $23.8 million, or $0.62 per share, compared to a GAAP net loss of $37.0 million, or $0.98 per share, for 2010. The GAAP net loss for 2011 and 2010 included $34.0 million and $46.2 million, respectively, of amortization of intangible assets, stock-based compensation, restructuring and other charges, gain or loss on sales of assets, legal settlements, acquisition-related costs and related tax adjustments. Excluding these items, the non-GAAP net income for 2011 was $10.2 million, or $0.26 per share, compared to a non-GAAP net income of $9.2 million, or $0.24 per share, for 2010.
STEADFAST HOLDINGS GROUP (OTC: STHG)
"Up 50.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/STHG.php
Stratton Holdings Inc. is publicly traded on OTC Markets with a focus on Resource based initiatives such as Gold and mineral mining as well as business operations in other sectors which management feels has potential for long-term growth and/or near-term revenue opportunities.
STHG News:
January 25 - Stratton Holdings, Inc. Releases Details on Joint Venture for a Multi-Million Dollar Gold Mining Operation in Sierra Leone
Stratton Holdings, Inc. (OTC: STHG) announces details regarding its recently signed Joint Venture for a Gold Mining Operation on the Sewa River in the Bo District and Kenema District of Sierra Leone West Africa, with revenues projected in excess of $16m. The JV is between Sierra Gold Corporation, Inc. and STHG’s partner, Accurate Resource Development Corporation. The first in a series of such ventures, the companies will work together utilizing alluvial mining operations to harvest resource-rich river concessions beginning with a 5-acre plot.
STGH CEO, Cedric Atkinson states, “Aside from the fact that we have proven assay reports from two separate laboratories verifying 18-22 grams of gold per ton, this particular concession is also known as one of the world’s top alluvial diamond rivers.”
As a majority partner in the JV, Accurate Resource Development will deploy a 50-ton per hour mobile placer plant and fully operational support equipment to Sierra Leone starting 2012 with refinement of recovered ore conducted in the U.S. thereafter. “We have managed to keep cost per ounce at no more than $800, with the abilities to produce well over 10,000 oz. by 2014 on this concession alone, giving us tremendous upside potential,” states Atkinson. Finance leader, Goldman Sachs, recently increased its three-month forecast by 7.0% to $1,760 a troy ounce from $1,645/oz., its six-month forecast by 5.8% to $1,830/oz. from $1,730/oz. and its 12-month forecast by 3.8% to $1,930/oz. from $1,860/oz.
In addition to frequent updates on the JV, the company continues to progress with negotiations toward closing deals on attractive concessions in Northern California. Lastly, executives are thrilled to announce that Accurate Resource Development Corporation are in discussions for another concession in British Columbia, Canada. The concession has extensive drilling reports and approximately $1.2 million in drilling costs furnished to date.
“We are in an aggressive expansion phase toward collective benefit; acquiring and/or producing near term mining claims, positioning the company for systematic growth and multiple revenue streams,” states Atkinson. “As well, we’ll be launching our official website soon and we invite existing and prospective shareholders to visit our countdown page at www.STHGgold.com and sign up for our email list for updates and info on everything we do.”
ALLEZOE MEDICAL HOLDINGS INCORPORATED (OTC: ALZM)
"Up 74.40% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/ALZM.php
Allezoe Medical Holdings, Inc. is a holding company focused on acquiring the most high quality and in-demand medical products, solutions and services. Whether through diagnosis, treatment, or medical research itself, Allezoe is interested in companies that are making a striking difference in the healthcare system through technology and treatments for health issues that affect large populations.
ALZM News:
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