CGSE, IVIT, EESO, NUVO, CHCG, EXPH
Our Stocks to Watch tomorrow include Columbus Geographic Systems (GIS) Ltd. (OTC: CGSE), Invicta Group Inc. (OTCBB: IVIT), Enzyme Environmental Solutions Inc. (OTC: EESO), Nuvelo Inc. (NASDAQ: NUVO), China 3C Group (OTCBB: CHCG) and Expo Holdings Inc. (OTC: EXPH).
COLUMBUS GEOGRAPHIC SYSTEMS (OTC: CGSE)
"Up 140.00% on Friday"
Columbus Geographic Systems (GIS) Ltd. is a rising player in the field of geographic information systems (GIS) and navigation applications. The Company brings advanced software capabilities to a wide range of users and devices, previously only accessible to trained professionals on dedicated devices.
July 11 -
CGSE to Sign Agreement With DigitalGlobe, Supplier of Satellite Imagery to Google Earth
Columbus Geographic Systems (GIS) Ltd. (OTC: CGSE) ("Columbus") announced it has reached an important understanding with DigitalGlobe, world leader in high-resolution commercial imagery. DigitalGlobe also supplies the popular Google Earth website with its images. According to the understanding, Columbus will have access to DigitalGlobe's digital image bank for use in the Ranger navigation system.
DigitalGlobe operates three imaging satellites: Worldview I, Worldview II, and QuickBird. These satellites collect the highest resolution commercial imagery of the Earth, and offer the largest image size, and greatest on-board storage capacity and resolution compared to any other commercial satellite imagery available today.
The market has become increasingly aware of the advantages of navigation and Global Positioning System (GPS) tools, especially for vehicle navigation systems. These tools include both built-in systems and Personal Navigation Devices (PNDs), which are handheld devices that users can carry with them and use in their vehicles. Industry analysts estimate that sales of PNDs will grow from approximately 14 million units in 2006 to approximately 56 million units in 2011. As the demand for these personal navigation devices continues to grow, so does the need for better quality images covering more parts of the world.
Columbus is a rapidly growing player in the geographic imaging systems and navigation industry. The company's leading product, Ranger, is a cutting-edge navigation software package providing location-based, GPS mapping, navigation, and information solutions for the off-road environment.
"High-quality mapping images are an essential component of any effective navigation system. Access to DigitalGlobe's advanced images will enable us to dramatically improve the scope and quality of the Ranger," says Columbus CEO, Tsvika Freidman. "We are determined to maintain our position as a leading player in the world of navigation systems and are very excited to partner with DigitalGlobe to enable us to maintain and enhance this position."
INVICTA GROUP INCORPORATED (OTCBB: IVIT)
"Up 100.00% on Friday"
Invicta Group, Inc. operates as an Internet media company. The company provides email broadcasting to travel enthusiasts seeking discounted travel products. It offers a Web site known as Travel Hot Link (www.travelhotlink.com) that has a database of approximately 40 million travel enthusiasts seeking discounted travel products, such as cruise vacations, airline tickets, hotel rooms, car rentals, and packaged tours. The company was founded in 2000 and is based in Ft. Lauderdale, Florida.
July 10 -
Invicta Group Inc. Announces Asset Acquisition and New CEO
Invicta Group Inc. (OTCBB: IVIT) has closed on the acquisition of the assets of City Book Savings (www.citybooksavings.com) from IMAGE Worldwide, Inc. (OTC: IMGW). City Book Savings is a high-end 4-color glossy direct mailing market book. William Forhan, CEO and Chairman, Richard David Scott, President, and Mercedes Henze, Secretary, all resigned from the board and elected Paul Sorkin as President, CEO, and Chairman Invicta Group. William Forhan stated, "We believe Paul Sorkin's marketing experience will be of great value in expanding Invicta's current operations, along with bringing more great products to cross sell customers. Paul will also be able to cross sell all IMAGE Worldwide products also with Invicta." Paul Sorkin stated, "Invicta will see great cost savings on marketing by hiring IMAGE Worldwide to become the marketing firm of Invicta."
Mr. Sorkin has served as CEO and General Counsel at IMAGE Worldwide, Inc. from 2007 to the present. From 2005 to 2007, Mr. Sorkin served as CEO and General Counsel at Image Nationwide, Inc. From 1996 to 2004, Mr. Sorkin served as COO and General Counsel at S & B Collectibles. Mr. Sorkin holds a B.A. degree from the University of Illinois (1993) and a J.D. degree from Chicago Kent College of Law (1996).
ABOUT CITY BOOK SAVINGS
City Book Savings is a high-end 4-color glossy direct mailing market book. Each book is a 4" x 6" perfect bound hard cover publication featuring magazine quality ads providing an image conscious demographic with incentives to frequent some of the most exclusive businesses in a city's affluent areas. City Book Savings offers 100% saturation of local neighborhood markets via direct mailing. The Company also offers documented return on investment results for clients and methods to help track each advertisement's success. Chicago is the first market for City Book Savings and a number of other cities and states are being planned for the expansion.
ABOUT IMAGE WORLDWIDE, INC.
IMAGE Worldwide, Inc. (OTC: IMGW) is a full service interactive multimedia marketing and advertising agency. IMAGE is vertically integrated with properties including a concert/nightclub venue, fashion/entertainment magazine, high-end direct mailing book, IT solutions company, along with other promotional and marketing companies. IMAGE utilizes a combination of different forms of media and promotions to help clients showcase and market their IMAGE in print, internet, event planning, radio, and TV.
ENZYME ENVIRONMENTAL SOLUTIONS (OTC: EESO)
"Up 60.00% on Friday"
Enzyme Environmental Solutions is a U.S.-based manufacturer of industrial and agricultural enzyme products. All manufacturing, testing, and formulating are conducted in its manufacturing plant, located in Fort Wayne, Indiana. EESO strives to become a leader in ecological friendly or “green products” targeting the industrial and agricultural markets. It is the company's goal to have the best performing products on the market in each industry. Developing a growing and satisfied customer base is its number one marketing strategy.
July 10 -
Enzyme Environmental Solutions Begins Product Placement of Wipeout Stain Pens
Enzyme Environmental Solutions Inc. (OTC: EESO) CEO Jared Hochstedler announced that the company has launched a product placement campaign of the "Wipeout Stain Pen."
Hochstedler commented, "I am pleased to be able to finally give out this news. The distribution of the pens has already been designated to over 1200 convenience stores located in Indiana, Michigan, Ohio, Illinois, Georgia, South and North Carolina."
"Our initial orders have exceeded 85,000 pens that will sell for $3.00 or more depending on the geographic market. The pens will be sold under the EESO brand in locations including Shell, Marathon, and BP to mention a few," continued Hochstedler. "This activity demonstrates the foundational hard work of all the EESO staff during the first half of the year. This item alone could produce in excess of $3 million in gross revenue by the end of 2008."
"I would like to clarify the GC2000 letter of intent with VESCOR has been signed and EESO is the recipient of the down payment. VESCOR was recently formed to give a central point of contact for EESO, IBEAM, Inc and John Modezjewski, President of VESCOR, with other unnamed parties. I expect this opportunity will be finalized in the next 60 days and EESO is to be the recipient of the final payment. The real value of this opportunity is in the future reoccurring sales," stated Hochstedler
"Finally, I am pleased to announce that a memorandum of understanding is being prepared to enter negotiations for the terms of distribution of EESO products to be on the shelves in major retailers across Mexico. More information concerning the Mexico distribution will be forthcoming," concluded Hochstedler.
NUVELO INCORPORATED (NASDAQ: NUVO)
"Up 21.70% on Friday"
Nuvelo, Inc. is dedicated to improving the lives of patients through the discovery, development and commercialization of novel drugs for acute cardiovascular disease, cancer and other debilitating medical conditions. Nuvelo's development pipeline includes NU172, a direct thrombin inhibitor in Phase 1 development for use as a potential short-acting anticoagulant during medical or surgical procedures; and preclinical candidate NU206, a Wnt pathway modulator for the potential treatment of chemotherapy/radiation therapy-induced mucositis and inflammatory bowel disease. In addition, Nuvelo is pursuing research programs in leukemia and lymphoma therapeutic antibodies and Wnt signaling pathway therapeutics to further expand its pipeline and create additional partnering and licensing opportunities. Information about Nuvelo is available at www.nuvelo.com or by phoning 650-517-8000.
July 10 - Nuvelo Announces Second Quarter 2008 Financial Results and Accomplishments Conference Call
Nuvelo, Inc. (NASDAQ: NUVO) announced that it will hold a conference call to discuss its second quarter 2008 financial results and accomplishments on Wednesday, July 23, 2008, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time).
To participate in the conference call, please dial 866-854-8095 for domestic callers and 706-634-8567 for international callers and reference conference passcode 52257433. A telephone replay of the conference call will be available through Saturday, July 26, 2008. To access the replay, please dial 800-642-1687 for domestic callers and 706-645-9291 for international callers and reference conference passcode 52257433.
This call is being webcast by Thomson/CCBN. The webcast can be accessed via Nuvelo's website at www.nuvelo.com and is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site.
CHINA 3C GROUP (OTCBB: CHCG)
"Up 43.80% on Friday"
China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The Company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The Company's goal is to become the number one retailer of 3C products in China. For more information, visit www.china3cgroup.com.
July 10 -
China 3C Group Reports Preliminary Second Quarter 2008 Financial Results
China 3C Group (OTCBB: CHCG), a retailer and wholesale distributor of consumer and business products in China, today announced preliminary financial results for the second quarter ended June 30, 2008.
Net sales for the second quarter 2008 is expected to be in the range of $81.5-$82.5 million, which would be a 26%-28% increase compared to the prior year second quarter results of $64.5 million.
Net income for the second quarter 2008 is expected to be in the range of $7.3-$7.4 million, which would be a 33%-35% increase compared to the prior year second quarter results of $5.5 million. Second quarter 2008 diluted earnings per share is expected to be approximately $0.14 compared to $0.10 in the same period last year.
Mr. Zhenggang Wang, Chairman and Chief Executive Officer commented, ''We are very pleased with our preliminary second quarter results, which exceeded our internal plan. Our sales growth benefitted from a net increase in new doors, healthy demand for electronic products in most of our key categories, a broader product selection from the prior year period as well as from certain, new consumer-oriented programs that focus on service and increasing awareness of our expanding portfolio of brands.
Our net income improved largely due to increased sales results, the exit from unproductive doors as well as a lower tax rate in the second quarter compared to the prior year. We also anticipate a sequential improvement in gross margin for the second quarter. Overall, we are encouraged with our second quarter performance and continue to work aggressively to further enhance our position in China's electronic consumer industry,'' concluded Wang.
The Company will disclose more detailed information related to its second quarter performance when it officially reports its second quarter 2008 financial results sometime during the first half of August 2008.
EXPO HOLDINGS INCORPORATED (OTC: EXPH)
"Up 37.93% on Friday"
Expo Holdings, Inc., through its subsidiary, D & D Displays, Inc., engages in the design, manufacture, and distribution of wood based display and commercial cabinets to the retail industry in the United States. The company is based in North Wilkesboro, North Carolina.
July 10 -
Expo Holdings, Inc. Adds Pergo to Client List, Commercial Sales Purchase Orders Exceed $250,000
Expo Holdings, Inc. (OTC: EXPH), a holding company which wholly owns D&D Displays, Inc., is pleased to provide an update on its current in-house commercial orders exceeding $250,000 and welcomes Pergo as new client.
Expo Holdings will manufacture custom made displays for Pergo, a world-leading manufacturer of laminate flooring, in order to market its products to consumers in various retail markets.
James D. Brown, Expo Holdings CEO, stated, "We welcome Pergo to our fast growing list of major, worldwide customers. Word of our quality workmanship is spreading and our business continues to flourish despite a troubled economy. We are currently finalizing some other contracts and expect to make announcements shortly. We have also started working on our 1st and 2nd quarter earnings for submission to pinksheets.com."
For more information on Pergo, visit www.pergo.com.