For Monday, November 23rd
EVFL, HMIT, IDOI, NLST, GTWO
Our Stocks to Watch tomorrow include Evolution Fuels Inc. (OTC: EVFL), Hidalgo Mining International Inc. (OTC: HMIT), IDO Security Inc. (OTCBB: IDOI), Netlist Inc. (Nasdaq: NLST) and Gen2Media Corp. (OTCBB: GTWO).
EVOLUTION FUELS INCORPORATED (OTC: EVFL)
"Up 100.00% on Friday"
The Company endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie's Place Truck Stop in Carl's Corner, TX.
November 16 -
Evolution Fuels Orders Ethanol Blending Dispensers for Fuel Station
Evolution Fuels, Inc. (OTC: EVFL) (the "Company") announced that it has placed an order to purchase four Dresser Wayne / Ovation Series blending dispensers for the first of its "Evolution Fuels" stations location in Dallas, TX.
The specialized blending dispensers will blend two streams of fuel — 100% unleaded gasoline and 100% ethanol stored in separate underground storage tanks — into four distinct product blends selectable at the pump: E10, E20, E30, E85. This allows the customer to select whichever blend he or she prefers and it allows the Company to claim the ethanol blending tax credit ($0.45/gallon ethanol) at the time of sale to the customer.
The dispensers, designed and manufactured by Dresser Wayne, are specially engineered for blending two fuels into single fuel products, and will feature video monitors above the pumps that will play educational messaging regarding the renewable fuels industry, as well as current news, weather, and sports clips. Dresser Wayne is a leading supplier of integrated retail fueling dispensers and pumps. Management expects delivery and installation of the dispensers to be completed by next February.
HIDALGO MINING INTERNATIONAL (OTC: HMIT)
"Up 100.00% on Friday"
Hidalgo Mining International (OTC: HMIT), an innovative mining company headquartered in Port Washington, NY, strives to increase shareholder value, while implementing aggressive plans to continue targeting near term mining production projects on a global scale. HMIT's management, directors, and advisors hold an abundance of experience and knowledge to implement expansion in this rapidly growing industry.
October 29 -
Hidalgo Mining International Announces Status of Company Projects
Hidalgo Mining International (OTC: HMIT), an innovative mining company headquartered in Port Washington, N.Y., announces status of company projects.
The Company has suffered numerous setbacks from the very beginning in their attempts, through a local operator, to get the Guinea Projects into production. Those problems, combined with the inability to secure additional financing, and now coupled with a growing political instability within the country, has forced the Company to discontinue the Fifa and Tinkisso Projects in Guinea altogether.
Mark Daniel Klok, President of HMIT, stated, "The political environment in Guinea is incredibly unstable. Recently in the Nation's capital of Conakry, over 150 people were killed when troops fired live ammunition into a pro-democracy rally. Thus, at this time, the Company views the country of Guinea as too volatile and has decided to cease all operations there immediately. As a result, the Company recently executed an unwind agreement and has spun-out the licensing rights to the aforementioned Properties to the local operator in return for the forbearance of shares due said operator.
The Company, once again due to a lack of funding, is also unable to continue with any of its planned efforts on the North Bay Joint Venture projects due to capital needs which cannot be met at this time.
Finally, these events have caused management to move forward and pursue brokering a deal with the Ghana Project. The Final Agreement is currently in the process of being finalized and it is anticipated that the new deal could result in a dividend being paid to Hidalgo and its shareholders once funding is completed. Currently the Company is unable to meet the additional capital contributions that are required to maintain the Ghana Joint Venture in good standing so the brokering of the asset into a company that can pay the capital requirements is the most viable way to bring value to the Hidalgo and its shareholders. Castle Peak Mining is currently completing the necessary steps to finalize a deal that should result in the financing of the Ghana Projects shortly.
As part of this necessary and discussed revamping of the Company, management has been aggressively pursuing new directions, opportunities, and potential Projects for the Company. Management is currently in discussions with an operational Company that could potentially bring a new direction, assets, management and significant changes to Hidalgo and its shareholders.”
IDO SECURITY INCORPORATED (OTCBB: IDOI)
"Up 32.00% on Friday"
Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented, UL-certified MagShoe™ weapons metal detection system. MagShoe™ fills a critical void in today's metal detectors by extending screening to the lower body and feet. MagShoe's™ unique "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, MagShoe™ is currently in use at international airports, cruise lines, government agencies, prisons and more.
September 21 -
IDO Security Demonstrates MagShoe™ for a Delegation of U.S. and Canadian Airport Executives
IDO Security, Inc. (OTCBB: IDOI) (www.idosecurityinc.com), developer of the innovative MagShoe™ "shoes-on" weapons metal detection system, announced today that the company has demonstrated the MagShoe™ to a delegation of U.S. and Canadian airport executives.
IDO Security gave a live, on site demonstration to the delegates last week at the Ben Gurion International Airport. The delegation was comprised of six U.S. and Canadian airport executives who were visiting as guests of the Israel Export and International Cooperation Institute and Ministry of Foreign Affairs in order to examine Israeli airport security.
According to one Export Institute Official, the delegation included executives from airports in Canada, Ohio, and Alabama, as well as the Under Secretary of Homeland Security for Science and Technology and the Vice President of the Airports Council International - North America.
Export Institute Director, General Avi Hefetz, told the Israeli Newspaper Globes that the U.S. Government's security budget for 2010 is more than $55 billion, including $7.7 billion for transportation security. The General also estimated the potential share of this market for Israeli companies at close to $300 million.
"We were extremely pleased to have had the opportunity to showcase the MagShoe™ on site and under normal operating conditions in such a prestigious venue as Ben Gurion International Airport," stated IDO Security's International Sales and Marketing Manager, Dani Werber.
Mr. Werber further commented, "It is our hope that this demonstration will lead to future business with those that had the opportunity to see the MagShoe™ in action."
NETLIST INCORPORATED (NASDAQ: NLST)
"Up 28.22% on Friday"
Netlist, Inc. designs and manufactures high-performance, logic-based memory subsystems for the server and high-performance computing and communications markets. The Company's memory subsystems are developed for applications in which high-speed, high-capacity memory, functionality, small form factor, and heat dissipation are key requirements. These applications include tower-servers, rack-mounted servers, blade servers, high-performance computing clusters, engineering workstations, and telecommunication equipment. Netlist was founded in 2000 and is headquartered in Irvine, California with manufacturing facilities in Suzhou, People's Republic of China.
November 16 -
Beacon Equity Issues Technical Trading Overview for Netlist Inc.
BeaconEquity.com announces an investment report featuring Netlist Inc. (Nasdaq: NLST). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Netlist Inc. (Nasdaq: NLST) should be of particular interest to other semiconductor companies: SMART Modular Technologies (WWH) Inc. (Nasdaq: SMOD), STEC Inc. (Nasdaq: STEC) and STMicroelectronics NV. (NYSE: STM).
It is available at www.beaconequity.com/i/NLST.
Netlist Inc. (NLST) designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets. The Company's memory subsystems consist of dynamic random access memory integrated circuits (DRAM ICs), NAND flash memory (NAND) and other components assembled on a printed circuit board (PCB).
"NLST recently launched HyperCloud™, the world's first 16GB, 2 virtual rank (vRank) memory module for servers. A double-data-rate three, registered dual in-line memory module (DDR3 RDIMM), HyperCloud maximizes server utilization to improve datacenter application performance. HyperCloud allows 384 Gigabytes (GB) of dynamic random access memory (DRAM) to be populated in a single dual socket server, reaching unprecedented levels of server performance.
"NLST announced last month that it has commenced federal litigation against Westlake Village, CA-based Inphi Corporation, a high-speed analog semiconductor company, alleging that Inphi's iMB line of isolation memory buffer integrated circuits infringe Netlist's U.S. Patent No. 7,532,537. In its Complaint filed September 22, 2009 in U.S. Central District of California, Western Division, Netlist is seeking unspecified monetary damages and requests immediate and permanent action barring Inphi from making and selling infringing product..."
To read the entire report, visit www.beaconequity.com/i/NLST.
GEN2MEDIA CORPORATION (OTCBB: GTWO)
"Up 35.59% on Friday"
Gen2Media is a fully integrated technology, production and marketing company whose proprietary and patent-pending technology has earned the trust of a growing, globally diversified customer base, comprised of leading media companies, corporations, chart-topping artists, entertainment companies, advertising agencies and national brands such as The Black Eyed Peas, Mary J. Blige, Britney Spears, Justin Timberlake, Microsoft Xbox LIVE, Coca-Cola Company, Toyota, Clear Channel, and others.
November 20 - Gen2Media to support Mary J. Blige at American Music Awards on Sunday
Gen2Media Corporation (OTCBB: GTWO), a full service video technology and production company, has been chosen by nine-time Grammy-winning singer and songwriter Mary J. Blige to support her live performance at the American Music Awards. On Sunday November 22, the noted Queen of Hip-Hop Mary Blige, will present for the first time her new song “I Am” which is a history of Mary’s evolution from her original album “What’s the 411” through to today’s many successes. Gen2Media is building the digital visual imagery for Ms. Blige’s live performance at the ceremony by designing, producing and packaging Mary’s original, cutting-edge digital video content. Using its proprietary industry-leading technology, Gen2Media will integrate 3-D imaging, 2-D compositing and live video from the stage into a visually stunning floorshow.
Michael “Huggy” Carter, Ms. Blige’s Tour Manager notes, “Gen2Media always comes across with a technically dynamic show. We couldn’t get a better digital video support team. Their productions are creatively awesome.”