For Thursday, January 27th
ICOA, PDRT, HSCO, TTDZ, PERL, SMNG
Our Stocks to Watch tomorrow include ICOA Inc. (OTC: ICOA), Particle Drilling Technologies Inc. (OTC: PDRT), Hi Score Corp. (OTC: HSCO), Triton Distribution Systems Inc. (OTC: TTDZ), Perla Group International Inc. (OTC: PERL) and Strategic Mining Corp. (OTC: SMNG).
ICOA INCORPORATED (OTC: ICOA)
"Up 100.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/ICOA.php
ICOA, Inc. is a national provider of wireless and wired broadband Internet networks in high-traffic public locations. ICOA provides design, installation, operation, maintenance and management of WI-FI hot-spot and hot-zone Internet access. Based in Warwick, Rhode Island, ICOA owns or operates broadband access installations in high-traffic locations across 40 states, located in airports, quick-service restaurants, hotels and motels, travel plazas, marinas etc. ICOA networks are compatible with widely-used 802.11x technology and with virtually all Internet service providers.
ICOA News:
December 23 - ICOA, Inc. Year-End Update and 2011 National Wi-Fi Strategy
ICOA, Inc. (OTC: ICOA) announced its progress on the following projects that were planned for completion during the fourth quarter of 2010:
Joint Ventures and or Accretive Acquisitions
The Company is in the final stage of merger negotiations with two private Wi-Fi providers as previously announced. One candidate has informed Icoa that it has cleared with its major investor to proceed with the merger and is preparing its financials for presentation and DD by the Icoa executives during the month of January 2011.The second candidate is preparing its financials for presentation to Icoa also during the same month. ICOA's management is familiar with their operations and anticipates that it can complete the DD rather quickly.
Issued and Outstanding share reduction
Following up on its previous announcement of December 3, 2010, to reduce the existing issued and outstanding shares over the next quarter, the Company has completed a total reduction of 2.3 Billion shares. As previously announced, the Company is working with the major stakeholders, who have given their strong commitment to work with the company, to further reduce the issued and outstanding shares by an additional two billion shares during the first quarter of 2011.
Corporate Website update and revision
The Company has taken the steps to revise and update its website. According to the latest information from the inFLUX-STUDIO management, they have completed the design, screenshots are ready and upon final approval by ICOA's management, the website is scheduled to go live on December 31, 2010 or January 3, 2011. The Company is working closely with the developers to help them meet their timeline.
Restructuring Balance Sheet
During the past six months of 2010 ICOA negotiated settlements on $2.1 million of its debt which was converted to equity with lock ups of up to twelve months. This action is important to the execution of ICOA's strategy as it tries to grow both organically and via accretive acquisitions.
Strategy
The Company is positioning its business strategy for 2011 to capitalize on the explosive growth of Data Traffic as major Mobile Operators will need offloading solutions from their 3G networks to Wi-Fi Hotspots, femtocell, or 4G network solution. The popularity of smartphones, mobile laptop dongles and flat rate data plans has brought explosive growth in data traffic. Cisco Systems predicted a 39 fold increase in Mobile data traffic from 2009 to 2014.
Connected Planet on September 29, 2010 published the following article: "As Mobile data demand spikes, can Wi-Fi come to 3G rescue?"
Other
The Company is continuing work on the completion of its financial statements for previous years. Since there has been no reporting for several years, this effort will not be completed until the first quarter of 2011.
PARTICLE DRILLING TECHNOLOGIES (NASDAQ: PDRT)
"Up 100.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/PDRT.php
Particle Drilling Technologies, Inc. is a development-stage oilfield service and technology company commercializing its patented and patent-pending Particle Impact Drilling system. The Company's technology is designed to enhance the rate-of-penetration function in the drilling process, particularly in hard-rock environments. It is headquartered in Houston, Texas.
PDRT News:
January 7 - Pechala's Reports Releases Research on Particle Drilling Technologies Inc.
There is a new research report out on Particle Drilling Technologies Inc. (OTC: PDRT). Those interested can access the report at http://bit.ly/hWSixI.
HI SCORE CORPORATION (OTC: HSCO)
"Up 100.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/HSCO.php
Hi Score Corporation is a leading supplier of eco-friendly lighting products in the Western Hemisphere. It offers its customers the fiscal and ecological practicality of utilizing safe, efficient, solid state green lighting rather than conventional fluorescent and incandescent bulbs. The Company offers the widest selection of high quality, long lasting LED lighting products that that can replace existing incandescent, fluorescent and halogen bulbs as well as compact fluorescent lights. Additionally the Company offers Compact Fluorescent and Halogen Lighting under its EcoGreenBulb and REPCO Labels, respectively. The Company sells its products directly to distributors, consumers, businesses as well as to municipalities.
HSCO News:
January 10 - Hi Score Announces New Head of DMD Lighting & Energy Control Systems Inc.
Hi Score Corporation (OTC: HSCO) announced that it has entered into an employment agreement with Dominick Falso to continue as the CEO of its newly acquired DMD Lighting & Energy Control Systems Inc. The acquisition of DMD which occurred last month included a payment of Hi Score Common Stock and cash in exchange for 100% of DMD.
"I am very excited about this move... I see a bright future for Hi Score as well as DMD as a result of this alliance," said Mr. Falso making reference to the acquisition. Mr. Falso went on to express confidence in a previously made statement wherein a spokesman for DMD indicated that "the merging of the two companies should result in Hi Score's gross volume reaching at least 500K per quarter by the second quarter of 2011."
Mr. Falso is scheduled to officially begin work at the Hi Score offices on January 17th, 2011," said Hi Score CEO, Michael Zoyes. "I know that I had previously indicated that this announcement would have been made by the end of last year... there were a few last minute details that needed resolution, however, which caused the delay."
Mr. Zoyes also reiterated his remarks whereby he indicated, "What excites me the most is that this move should over time move us into the black and allow us to stop being dependent on financing. As I have mentioned, we have been reorganizing our efforts and realigning our goals over the past few months... this move is one of several positive moves that we hope to make over the next few months."
TRITON DISTRIBUTION SYSTEMS INCORPORATED (OTC: TTDZ)
"Up 39.29% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/TTDZ.php
Miller Energy Resources is a high-growth oil and natural gas exploration, production and drilling company operating in multiple exploration and production projects in North America. Miller's focus is in Cook Inlet, Alaska and in the heart of Tennessee's prolific and hydrocarbon-rich Appalachian Basin. Miller is a Tennessee registered company that has been in existence for over 40 years and been publicly traded for 12 years. It is the largest owner/operator of oil and gas wells in Tennessee with over 602 wells, over 54,500 net acres of lease holdings in Tennessee and 602,000 net acres in Alaska. Company chairman, Deloy Miller has a successful oil and gas track record spanning more than forty years in the Tennessee Basin. Since 1967, Miller has drilled and/or serviced over 5,200 wells. Miller is one of the United States premier energy companies and is using its strategy of opportunistic growth combined with prudent development and management of exiting assets to maximize value for its shareholders. Miller is headquarters in Huntsville, Tennessee with offices in Knoxville and New York City.
TTDZ News:
January 26 - BUYINS.NET Issues Triton Distribution Systems SqueezeTrigger Report
* Approximately 207 Million Shares Shorted Since November 2009
* First Short Squeeze Expected To Begin Above $.03
BUYINS.NET, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Triton Distribution Systems (OTC: TTDZ) after releasing the latest short sale data through January 25, 2011. The total aggregate number of shares shorted since November 2009 is approximately 207 million shares (split adjusted). Approximately 31.86% of daily trading volume is short selling. The SqueezeTrigger price for all TTDZ shares shorted is $0.32. The first short squeeze is expected to begin above $0.03, where approximately 188 million shares have previously been shorted between $0.0011 and $0.0299.
View the report at www.buyins.com/reports/ttdz1-25-11.pdf.
Friction Factor calculates if a fair market is being made in the shares of TTDZ. 41% of the previous 29 trading days have been positive or bullish-biased and 59% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
ABOUT BUYINS.NET
BUYINS.NET monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations.
PERLA GROUP INTERNATIONAL (OTC: PERL)
"Up 42.86% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/PERL.php
Perla Group International is an emerging leader in the international military, police and security solutions sectors. It was established with the vision to become the industry's leading turnkey solutions developer and services provider. Perla Group's success is built on a combination of the trust, backing and support of top industry specialists and a talented team's unwavering commitment to service excellence. With its four divisions; Perla Telecoms, Perla Aviation, Perla Armored Cars and Perla K-9 Services, it places Perla Group in a unique position to service many of its existing clients with multiple value added services and thereby attract key new clients.
PERL News:
January 25 - Perla Group International's Proprietary AK1-3 Helicopter to Make United States Debut in February
Company to Deliver First Two Units of the Lightweight, Versatile Helicopter to World's Largest Helicopter Market
Perla Group International Inc. (OTC: PERL), an emerging leader in the international military, police and security solutions sectors, today announced it will deliver two of its proprietary AK1-3 helicopters to the United Sates within the next few weeks. This marks the U.S. debut of the lightweight, versatile aircraft to the world's largest helicopter market. Both units were acquired by private individuals for personal use.
The AK1-3 has been designed for a wide range of practical purposes including surveillance (i.e. monitoring borders), search missions, geological exploration, aerial photography, pilot training, aerial spraying, business and pleasure flights and aerial sports competitions.
"The AK1-3 conforms to International Airworthiness Regulations (FAR, Part 27) for normal category rotorcraft and international noise abatement regulations," said Charles D'Alberto, CEO and founder of Perla Group International. "Additionally, the craft is certified under the State Administration of Ukraine for Aviation Safety Oversight and bears a Type Certificate Number TTI 0008."
When empty, the AK1-3 weighs only 869 lbs. allowing it to be transported by a small trailer attached to a vehicle and that trailer serves as a mobile landing strip. It is powered by the proven and extremely reliable Subaru EJ 25 automobile engine.
"This is truly a remarkable helicopter, featuring state-of-the-art composite materials, instrumentation, pilotage-navigating equipment and at the request of a customer a system of onboard navigation GPS can be installed," added D'Alberto. "With its wide cabin width the AK1-3 easily accommodates two crew members even when wearing heavy clothing. Its large windows provide excellent visibility in all directions making it ideal for search missions, and surveillance. Most important, it's extremely affordable."
D'Alberto said that once the AK1-3 gains a foothold in the U.S. market they will ramp up production to meet demand. He said the company is exploring opening a domestic-based production facility.
Perla Group International was founded in 2007 by D'Alberto, after having established himself in the market with a reputation of being first to market with innovative, "best of breed" products and services. Perla International Group is headquartered in Ft. Lauderdale, Florida with regional offices in Dubai, UAE, and Kabul, Afghanistan. The company recently announced it has procured $4.5 million of satellite and teleport communications infrastructure and will build a world class teleport facility in the Mediterranean with Cyprus being the leading candidate.
Through its four, wholly owned subsidiaries, Perla Group International offers leading edge products and services in aviation, telecom, armored vehicles and K-9 services in the burgeoning military, police and security sectors.
Perla Telecoms Group has positioned itself as a total 'turnkey' solutions developer and provider. It will remain independent as to have the ability to work with the many leading services providers in the industry; from large Telcos to small SMEs, network integrators, military customers, and any company wanting a specialist solution or product.
Perla Aviation – Primarily in the Middle East, the division provides a host of aviation services including charters, sales and leasing of aircraft; aircraft repair and maintenance. Perla Aviation is the exclusive distributor for the AK1-3 helicopter known industry wide as the finest two seat helicopter available.
Perla Armored Cars – This entity specializes in armored VIP Mercedes Benz, as well as 4 x 4s, APCs, Cash in Transit, Buses and ATVs. The division has recently secured direct supply contracts with the US military, and has plans to expand rapidly with a view to investing in manufacturing facilities in both the Middle East and the USA.
Perla K-9 Services – Through the world renowned Von Forell facilities in Melbourne, Australia Perla offers the finest breed dogs trained under the best in the industry. Perla K-9 services are utilized by law enforcement and as detection dogs. They conduct training seminars as well as tactical, anti-terrorism and security training services.
D'Alberto said that although the Company's divisions operate independently they work together quite often and cross pollinate as customers of one division are quick to take advantage of products.
STRATEGIC MINING CORPORATION (OTC: SMNG)
"Up 20.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/SMNG.php
Strategic Mining Corporation is engaged in the exploration and development of gold properties in Vietnam, the US (Nevada/Utah) and Africa. The company intends to expand by acquiring mineral rights to other key properties and by initiating strategic joint ventures.
SMNG News:
January 26 - Strategic Mining Corp (SMNG) Receives Environmental Approval for Its Nat Son Gold Property in Northern Vietnam
Strategic Mining Corporation (OTC: SMNG) announced it has received environmental approval from the Vietnamese government for its exploration and development project at Nat Son.
"Obtaining environmental approval is a key milestone for the project and represents an important step forward for our company toward exploitation of the property's potential gold resources," said President Todd Sterck."
Recent assay results from rock samples collected at Nat Son have shown gold values as high as 47.3 g/t and silver values as high as 228 g/t.
Located in northern Vietnam, the property is situated on the same strike as the currently producing Dong Thann gold mine, a government-owned project 7 kilometers to the south.
In December 2010, the Vietnamese government granted Strategic Mining an exploration and development license for Nat Son after Strategic Mining released geological reports identifying gold-bearing ore veins and indicating the presence of economical gold and silver resources.
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