For Friday, February 12th
MEXP, CAMH, DKAM, PFMS, GOIG, RMDM
Our Stocks to Watch tomorrow include Marine Exploration Inc. (OTCBB: MEXP), Cambridge Heart Inc. (OTCBB: CAMH), Drinks Americas Holdings Ltd. (OTCBB: DKAM), PaperFree Medical Solutions Inc. (OTC: PFMS), GoIP Global Inc. (OTC: GOIG) and RMD Entertainment Group Inc. (OTC: RMDM).
MARINE EXPLORATION INCORPORATED (OTC: MEXP)
"Up 76.99% on Thursday"
Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It involves in the exploration and recovery of deep-ocean shipwrecks, including the marketing, sale, and distribution of recovered artifacts, replicas, merchandise, and books through various retail and wholesale sales channels. The company was incorporated in 1996 as Jenkon International, Inc. and changed its name to Multimedia K.I.D., Inc. in 1999. Later, it changed its name to SYCO, Inc. in 2006; and to Marine Exploration, Inc. in 2007. The company is based in Denver, Colorado.
January 27 - Marine Exploration, Inc. Announces RV Hispaniola Plans to Salvage Two Shipwreck Sites Concurrently; Adding Additional Salvage Equipment While in Port for Maintenance
Marine Exploration, Inc. (OTCBB: MEXP) and its Joint Venture Partner Burt Webber’s Hispaniola Ventures, LLC announce their RV Hispaniola expects to salvage two shipwreck sites concurrently. While the treasure salvage vessel is in port for maintenance, contractors have been engaged to add additional salvage equipment, replace zinc plating, and refurbish fresh water makers. In early February, the Company plans to continue its salvage at the proven North Coast treasure site off the Dominican Republic. Another nearby proven site will be worked concurrently using reef boats from the RV Hispaniola master vessel.
The objects recently found at the North Coast site include silver coins, jewels, gold jewelry with pearls, a solid gold ring with diamonds, two hand-held bronze cannons, numerous pistols and cannons, a bell from 1693 with the phrase 'Soli Deo Gloria', guild pewter plates, navigation compasses, plumb lines for measuring depth, a pistol, sword sheaths, ornaments, plates, silverware, sword handles, a device to measure the ship's speed, and bronze candlesticks.
Burt D. Webber Jr., famed diver that in 1978 discovered the Concepcion in Dominican Republic waters, is currently the onsite Director of Operations aboard the RV Hispaniola treasure salvage vessel.
CAMBRIDGE HEART INCORPORATED (OTCBB: CAMH)
"Up 88.89% on Thursday"
Cambridge Heart (www.cambridgeheart.com) is engaged in the development and commercialization of products for the non-invasive diagnosis of cardiac disease, particularly the identification of those at risk of sudden cardiac arrest. The Company's products incorporate its proprietary Microvolt T-Wave Alternans measurement technologies, coupled with its patented Spectral Analytic Method and ultra-sensitive disposable electrode sensors. Only Spectral Analytic Method MTWA tests are reimbursed by Medicare under its National Coverage Policy that covers patients with a wide variety of cardiac symptoms. Other major insurers in the USA also have coverage policies for the test. The T-Wave Alternans test is included in the Guideline for Management of Patients with Ventricular Arrhythmias and the Prevention of Sudden Cardiac Death jointly developed by the American College of Cardiology (ACC), The American Heart Association (AHA) and the European Society of Cardiology (ESC). The Company, founded in 1990, is based in Tewksbury, Massachusetts and is traded on the OTCBB under the symbol CAMH.
February 11 -
Cambridge Heart Completes Development of New MTWA Module
Cambridge Heart, Inc. (OTCBB: CAMH) announced that the Company has completed the development phase of its Microvolt T-wave Alternans (MTWA) OEM Module, and has submitted a 510(k) application for regulatory approval with the U.S. Food and Drug Administration (FDA). The module is the centerpiece of the Company’s new business model that involves partnering with leading stress test equipment manufacturers to broaden the distribution and use of MTWA technology.
“We are very pleased with our progress and pace in achieving this important milestone,” said Ali Haghighi-Mood, Cambridge Heart’s President and CEO. “With the completion of the development work and our FDA regulatory submission, we are one step closer to making our Microvolt T-wave Alternans technology available to more physicians and their patients.”
The MTWA test, administered in much the same way as a stress test, is a non-invasive diagnostic tool that can identify the presence of a subtle alternating pattern in the ECG which has been shown to be a significant risk factor for sudden cardiac arrest.
DRINKS AMERICAS HOLDINGS LIMITED (OTCBB: DKAM)
"Up 111.43% on Thursday"
Drinks Americas develops, owns, markets, and nationally distributes alcoholic and non-alcoholic premium beverages associated with renowned icon celebrities. Drinks Americas' portfolio of premium alcoholic beverages includes Trump Super Premium Vodka and Willie Nelson's Old Whiskey River Bourbon. The Company's non-alcoholic brands include the distribution of Paul Newman's Own Lightly Sparkling Fruit Juice Drinks and Flavored Waters. The company also has a partnership with Universal Music’s Interscope, Geffen, A&M Records to jointly develop and launch beverage products. Other products owned and distributed by Drinks Americas include award-winning Damiana Liqueur and Aguila Tequila from Mexico, Cohete Rum Guarana from Panama, and Rheingold Beer. Damiana, Old Whiskey River, Aguila Tequila and Cohete Rum are Gold and Silver Medal award winners respectively from the International Beverage Tasting Institute and the San Francisco International Wine and Spirits Competition. Drinks Americas was founded in 2004 by J. Patrick Kenny, a leading expert in beverage sales and marketing. Mr. Kenny developed his industry expertise in a variety of management positions at the world's leading beverage companies, including Joseph E. Seagram and Sons and The Coca-Cola Company. He has also acted as advisor to several Fortune 500 beverage marketing companies, and has participated in several beverage industry transactions.
February 11 -
Drinks Americas Announces Joint Venture Production and Distribution Agreement with Mexcor International Wine and Spirits; Mexcor to Produce, Import and Distribute Drinks' Portfolio Brands Nationally
Drinks will Continue to Own, Market and Expand Portfolio
Drinks Americas Holdings, Ltd. (OTCBB: DKAM) (the "Company" or "Drinks"), a leading owner, developer and marketer of premium beverages associated with renowned celebrity icons, announced it has signed a production and distribution agreement with Mexcor International Wine and Spirits, a producer, importer and distributor for hundreds of high quality brands nationally and internationally.
Mexcor has agreed to manage the production, importing and distribution of Drinks Americas portfolio of brands nationally. Drinks Americas will continue to focus its efforts on its core business of building a portfolio of iconic brands as well as developing, coordinating and executing marketing and promotional strategies for Drinks icon brands. Drinks anticipates that the Production and Distribution Agreement with Mexcor will rapidly drive additional revenues and substantially reduce overhead costs.
Under the terms of the agreement, the parties have agreed to a 15-year term. Drinks Americas will issue Mexcor up to 12 million shares of Drinks Americas Holdings common stock, and Mexcor will receive up to a 5% ownership interest in Drinks Americas portfolio brands, provided the parties deliver and attain certain minimum performance requirements. Mexcor has agreed to deliver five or more additional new brands to Drinks portfolio, which the companies plan to jointly acquire, develop and market.
Patrick Kenny, President and CEO of Drinks, stated, "Mexcor has available resources to support the production of Drinks brands which has been the primary barrier to Drinks' expansion. Our portfolio, added to their national sales platform, will be greatly strengthened. Drinks can now focus on what it has a key track record of success with, which is developing and launching icon brands. We are very excited about the resources, skills and instant impact Eduardo Morales and Mexcor bring to our future. We have already started filling substantial open orders. The agreement provides Drinks the resources to produce as much product as we can sell, as well as a national sales platform. Our sales team will be joining and become part of Mexcor. We are thrilled that this joint venture removes the impediments to Drinks' rapid expansion and growth in financial strength."
Eduardo Morales, President of Mexcor, said, "Drinks Americas' portfolio of brands and access to marketing of those brands is a great addition to our portfolio, as are the sales team and network of distributors that have built their brands. We look forward to rapidly expanding brands like Olifant Vodka, Old Whiskey River Bourbon, Trump Vodka and the balance of their portfolio, and working with Drinks Americas. The economics and strategic fit for this venture is favorable and impactful to both companies."
Patrick Kenny added, "Our overhead will shrink from more than $4 million historically to approximately $1.2 million annually. We are aggressively adjusting our business model to fit the economic realities of today with a model and partnership that will support rapid sales growth. In this new business model, we are assured a per case payment that will be paid on every case sold. Drinks retains ownership of the brands. Rather than having to face raising substantial equity in this market to grow both infrastructure and brands, we can focus our resources on generating brand volume with a consistent return. This is a complete revision of the Drinks business model that recognizes the challenges of today's financial and lending markets for small cap companies, and gives Drinks a clear path to resuming revenue growth and brand value creation. The orders that we are already fulfilling support this new business model. Drinks will move rapidly to profitability executing this plan."
ABOUT MEXCOR INTERNATIONAL WINE AND SPIRITS
Mexcor is a family owned corporation established in 1989. Mexcor is a direct source of excellent products from around the world, located in Houston, TX.
Mexcor became a family operation when the founder Celia Villanueva enlisted her son Eduardo Morales to join her mother's business. Over the years, Eduardo has carved out his own field of industry expertise. Today, Celia Villanueva and Eduardo Morales make a great team operating, producing and selling their own private extensive line of products and other products from around the world.
Throughout the years, Mexcor has been able to encourage the development of long-term business relationships, taking pride in providing our customers with quality products at competitive market prices. In the same way, we are able to encourage the development of new business relationships with a long perspective future.
PAPERFREE MEDICAL SOLUTIONS INCORPORATED (OTC: PFMS)
"Up 28.57% on Thursday"
PaperFree Medical Solutions, Inc., through its subsidiaries, provides paper-free turnkey medical solutions for small to large multi-physician, and multi-specialty offices. It offers billing services under LEAPprn trade name. The company provides direct and managed services through a combination of direct and on-site implementation; and software services through broadband connectivity that helps in performing various data entry solutions. It also offers teeth whitening services. PaperFree Medical Solutions serves sole practitioners, doctors, and other health care providers in the Midwest. The company was founded in 2002 and is based in Kokomo, Indiana.
December 18 -
Michael J. Gelmon Resigns as Director and Officer of the Corporation
PaperFree Medical Solutions, Inc. (OTC: PFMS), a Nevada corporation (the "Corporation"), accepted the resignation of Michael J. Gelmon. Effective Dec. 17, 2009, he will no longer serve as director and officer of the Corporation.
The resignation was not motivated by a disagreement with the Registrant on any matter relating to the Registrant's operations, policies or practices.
GOIP GLOBAL INCORPORATED (OTC: GOIG)
"Up 48.15% on Thursday"
GoIP Global, Inc. operates as a mobile media company in the United States. Its products and services offer access to news, entertainment, products, and services through wireless devices. The company primarily offers GoIP Inform, a Web-based text messaging management application, which enables organizations to create, manage, and send text messages directly to their members, customers, or employees via an opt-in text message subscription service. It has a strategic alliance agreement with Ping Mobile to develop, market, and sell mobile media service-oriented architecture products. The company is based in New York, New York.
February 8 - Go800™ Launch Update
GoIP Global, Inc. (OTC: GOIG) announced that its subsidiary, Go800, LLC, has made the following inroads in its launch of the Go800™ service:
46800 — Go800's Vanity Short Code has been registered with all mobile carriers. Three of the four major carriers — AT&T, T-Mobile and Sprint — have provisioned the short code and we are now waiting on Verizon for provisioning, which we expect to receive before the end of February. Note: 46800 stands for "Go800," this is Go800™ system's telephone number to receive/send text messages.
The Go800™ beta web site, www.go800corp.com, will be launched on February 15 and will begin taking reservations for our Voice Keywords™. Voice Keywords™ will be available by area code and can be leased on a monthly basis. Additionally, applications will be accepted over the web site for Sales Ambassadors, who will receive a 7% revenue share on all business they generate. The web site, when fully operational, will handle all the provisioning and monthly recurring billing seamlessly. Engagelogic Corp., our technical partners based in Bohemia, NY, is working to ensure our system can handle over 10,000 Voice Keywords™ and 4000 simultaneous calls at any given moment.
Go800™ will enable consumers to connect with advertisers quickly, simply and seamlessly. Go800™ has filed nonprovisional patent application 12/699,253 on its methods of operation. The system will be launched commercially as soon as all carriers approve the service for their network.
ABOUT GOIP GLOBAL, INC.
GoIP Global offers a range of services, solutions and tools for brands, agencies, content providers, online portals, entertainment and media companies. GoIP has both creative experience and the technical knowledge to connect mobile marketers with their audiences by means of interactive campaigns and mobile content distribution. GoIP Global offers brand and content customers great flexibility in creating mobile marketing campaigns and applications.
RMD ENTERTAINMENT GROUP (OTC: RMDM)
"Up 14.29% on Thursday"
RMD Entertainment Group, an entertainment company, primarily focuses on the development and marketing of hip-hop music in the United States and internationally. It develops and markets hip-hop music, including compact discs, digital downloads, and personal ring tones for mobile phone customers, as well as other hip-hop lifestyle products. The company has also created MOTV, which streams video content to mobile devices, including cell phones and PDAs. It markets its products primarily through distributors. RMD Entertainment Group is based in Philadelphia, Pennsylvania.
February 11 -
United Beverage (RMDM) Joint Venture Coral Water
RMD Entertainment Group's (OTC: RMDM) US-based subsidiary, United Beverage, has held several talks with Coral Water (www.coralwater-us.com) which has led to plans of a joint venture. United Beverage has submitted a joint venture plan to Coral Water which outlines profit sharing of Coral's existing product lines. Coral Water Purified and re-mineralized Coral Water® is produced with an innovative 21st century procedure that offers some of the best water attributes that are available on the planet today.
Coral Water® is produced through a patent pending 32-step multi-stage manufacturing process that effectively removes all of the dangerous contaminants (such as chlorine, fluorine, mercury, lead, arsenic, et al) while re-introducing back in all of the important minerals and electrolytes (such as calcium, magnesium, potassium, etc). At the end of this process the result is almost perfect water. Coral Water had previously been in place with the retail outlets Eckerds, Walgreens, and Sweet Bay. The joint venture allows for United Beverage to bottle the water utilizing the Coral process and for both companies to split the profits. The joint venture will allow Coral Water to immediately go back on the shelves in those locations as well as opening them up to other United Beverage products.
"We have had quite a few talks with Paul Simmons and Diane Simmons and look forward to working out the terms which will allow Coral to get back on the shelves while giving United Beverage another product and openings to these retails outlets," said Shane Cooper, United Beverage Alliance president.
"Coral went through some hardships at the end of 2009. It's a perfect fit and we hope Coral will take advantage of the opportunity."