OTCPicks.com Stocks to Watch for Wednesday, December 16th
GRBG,
BZCN,
ICOG,
BDGR,
HESG,
BEAT Our Stocks to Watch tomorrow include Green Bridge Industries Inc. (OTC:
GRBG), BizAuctions, Inc. (OTC:
BZCN), ICO Global Communications (Holdings) Ltd. (Nasdaq:
ICOG), Black Dragon Resource Companies Inc. (OTC:
BDGR), Health Sciences Group Inc. (OTC:
HESG) and CardioNet Inc. (Nasdaq:
BEAT).
GREEN BRIDGE INDUSTRIES INCORPORATED (OTC:
GRBG) "Up 210.00% on Tuesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N0&L65&F=T Green Bridge Industries, Inc. offers non-toxic, environmentally friendly cleaning products to fit the sanitation needs of the medical, agricultural and military markets. The Company, through its proprietary technology, has the ability to develop bio-renewable alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company`s products are safe for the surfaces it cleans, the environment, animals and humans.
GRBG News:
December 14 - Wowgreen International, LLC to Acquire Majority Control of Green Bridge Industries, Inc.
Company Signs Binding Letter of Intent with "Green" Household Cleaning Products Provider Green Bridge Industries, Inc. (OTC:
GRBG) announced that Wowgreen International, LLC has signed a binding letter of intent with Green Bridge Industries to acquire majority control of the Company for an undisclosed amount, which is to be paid in a combination of cash and stock over time.
As part of the definitive agreement, which will be executed within the next ten days, Allie T. Mallad will become the sole director and chief executive officer of Green Bridge Industries, Inc. William White will remain with the company as the Vice President of the Green Bridge Institute, which is also owned by Green Bridge Industries, Inc.
Wowgreen International, LLC is the provider of safe, green household cleaners that are sold and distributed to consumers through a channel of independent distributors. The company`s mission is to free the world of toxic chemicals, one household at a time. Wowgreen`s products provide a safe, effective and all natural cleaning solution for every household need.
"I am thrilled with the acquisition of Green Bridge Industries, Inc., which I believe will enhance our commitment and message of `Freeing the world of toxic chemicals one household at a time.` This opportunity to add the Green Bridge family to our existing organization will help us stay on the cutting edge with future GREEN TECHNOLOGIES and also help us attract additional companies that will want to be a part of our socially responsible cause," stated Mallad, Chairman and CEO of Wowgreen International, LLC.
"I am excited about the relationship and to be working with Wowgreen International. Their product line, along with our new technology, gives Green Bridge Industries a complete `green` product line. This acquisition will bring value to our loyal shareholders," stated White, Chairman and CEO of Green Bridge Industries, Inc.
BIZAUCTIONS INCORPORATED (OTC:
BZCN) "Up 41.67% on Tuesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N0&L4&F=T BizAuctions, Inc. is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation`s leading retail names at the forefront of their industries. BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment. We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.
BZCN News:
December 8 - BizAuctions Purchases Inventory of Cell Phones and Accessories for Holiday Season BizAuctions, Inc. (OTC:
BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks and returns, purchases cell phones and accessories for resale during the Holiday Season.
Delmar Janovec, CEO comments, "BizAuctions, a Titanium Powerseller, on eBay through its eBay store name: BusinessAuctions Inc, has purchased cell phones and accessories that were once inventory for a Regional Distributor of cell phones at a significant discount to market prices. The retail price of the inventory is approaching $470,000.00. The purchase consists of all new goods and includes most popular brands of cell phones and their latest models to include Bluetooth devices, routers, memory cards, batteries, holsters-cases, ear-buds, and misc. items. BizAuctions` purchase of the cell phones and accessories comes at a good time of the year, making a perfect Holiday gift for a family member or friend. Management and staff are committed to providing an assortment of name brand merchandise for its customers as well as providing excellent customer service as is noted in its eBay positive feedback rating of 98.9 with over 40,950 positive feedbacks received from customers." "BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay, its recently opened retail store, Lucky 7`s, and soon through its recently announced Letter of Intent with Midwest Outlet Centers," continues Janovec.
The Company`s clients have included some of the Nation`s leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
ICO GLOBAL COMMUNICATIONS HOLDINGS LIMITED (NASDAQ:
ICOG) "Up 33.72% on Tuesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N0&L&F=T ICO Global Communications Holdings Limited is a satellite communications company developing an advanced next-generation hybrid media system, combining both satellite and terrestrial communications capabilities. In North America, ICO is conducting trials for innovative new mobile services using a satellite-terrestrial network powered by ICO G1, which was launched in 2008. ICOs satellites are capable of supporting wireless voice, data, and/or Internet services on mobile and portable devices. ICO is based in Reston, Virginia.
ICOG News:
December 8 - ICO Global Communications Announces Leadership Changes ICO Global Communications (Holdings) Limited (Nasdaq:
ICOG) (ICO Global or the Company) announced today that Benjamin G. Wolff has been appointed Chairman of the Board of Directors of the Company effective immediately, and Chief Executive Officer effective December 31, 2009.
Michael P. Corkery, the Companys acting Chief Executive Officer and Executive Vice President, Chief Financial Officer, has resigned from all positions with the Company and its subsidiaries, effective December 31, 2009, in order to pursue another career opportunity. Craig O. McCaw, the Companys former Chairman, will remain on the Board of Directors.
Mr. Wolff is expected to serve as the Chief Executive Officer on an interim basis while the Company conducts a search for a permanent Chief Executive Officer. Mr. Wolff served as a Director of the Company from September 2005 until December 2008, and has served as Chairman of the Companys subsidiary,
DBSD North America, Inc., since December 2008. Mr.
Wolff currently serves as Co-Founder and Co-Chairman of Clearwire Corporation (NASDAQ:
CLWR - News), and served as Clearwires Chief Executive Officer until March, 2009. Mr. Wolff also serves as the President of the Eagle River group of investment companies and is a member of the Board of Directors and Executive Committee of
CTIA The Wireless Association.
We are grateful for Mikes service to ICO Global as both chief financial officer and acting chief executive officer and wish him well in his new endeavor, commented Craig McCaw. Ben Wolffs past involvement with the Company will ensure continuity in leadership as ICO Global continues to move forward.
BLACK DRAGON RESOURCE COMPANIES (OTC:
BDGR) "Up 32.00% on Tuesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N0&L&F=T Black Dragon is an oil and gas exploration and production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. This focus has eliminated exploration risk, reduced costs of completion, and provided rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete. Black Dragon intends to recomplete additional shallow producing wells and to expand its focus to include drilling of new wells, some to deeper levels, and to purchase additional leases.
BDGR News:
December 10 - Dragon Drills New Wells and Continues to Seek Additional Investments Black Dragon Resource Companies, Inc.`s (OTC:
BDGR) ("the Company", "Dragon") Chairman and CEO, Mr. Scott D. Smith, announces today that the initial well on Dragon`s 640 acre lease has been drilled to the top of the Nachitoches gas cap rock, and site preparation has begun on the second well location. The second well will be drilled by the end of this week and upon its completion, a smaller rig will be brought in to air drill the last portion of both wells. This process ensures that the wells will be capable of capturing the maximum amount of gas in this delicate formation. If the main drilling rig was to fully complete these wells, Dragon would run the risk of damaging its future returns.
The recently mentioned Paluxy well, in which Dragon owns a small interest, has been brought into production this week and has shown excellent results.
Paluxy oil is much thicker and more viscous than many other varieties, so the interest owners are installing a heat treatment unit which is necessary for this type of production to be marketed in the current cold climate.
Mr. Smith further remarked that Dragon is currently in negotiations to acquire a possible 40% interest in a lease that is comprised of 14 wells and has an excellent production history for a stock issuance. This lease has averaged 215 barrels of oil per month over the last year which would be a nice asset to add to Dragon`s portfolio.
HEALTH SCIENCES GROUP INCORPORATED (OTC:
HESG) "Up 20.00% on Tuesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N0&L2&F=T Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its Web site and health-focused publications. The Health Sciences network consists of its public website and iGoHealthy Magazine. The Company operates in two segments: Online Services and Publishing and Other Services.
HESG News:
December 15 - Health Sciences Enters Into LOI With The Healing Center of Montana to Acquire Two Medical Marijuana Licenses Health Sciences Group, Inc. (OTC:
HESG) announced that it has entered into a letter of intent with The Healing Center of Montana to purchase two operating licenses for medical marijuana collectives in Park County, Montana and Lake County, Montana. This transaction is contingent with standard due diligence and anticipated to finalize before the end of the year.
The Healing Center of Montana, owned and operated by Mike Smith, is the largest medical marijuana operation in the State of Montana and also has a presence in Colorado. Mike Smith has been in the Montana medical marijuana business since the state went legal.
"We anticipate this transaction to move very quickly, by the end of the month if not sooner. Contracts and agreements are going back and forth between the companies right now," stated Thomas Gaffney, CEO of Health Sciences Group, Inc.
Gaffney continues, "Health Sciences Group intends on being the first public medical marijuana company to derive actual revenues from medical marijuana operations. Although The Healing Center is non-profit, these two new locations would be for profit under a management agreement." Montana, unlike California, allows collectives to be for profit.
CARDIONET INCORPORATED (NASDAQ:
BEAT) "Up 16.28% on Tuesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N0&L63&F=T CardioNet is the leading provider of ambulatory, continuous, real-time outpatient management solutions for monitoring relevant and timely clinical information regarding an individual`s health. CardioNet`s initial efforts are focused on the diagnosis and monitoring of cardiac arrhythmias, or heart rhythm disorders, with a solution that it markets as Mobile Cardiac Outpatient Telemetry (
MCOT).
BEAT News:
December 10 - CardioNet, Inc. Announces Investor Conference Call Company to Provide Update on Operations and Strategic Initiatives CardioNet, Inc. (Nasdaq:
BEAT), a leading wireless medical technology company with an initial focus on the diagnosis and monitoring of cardiac arrhythmias, announced today that it will host an investor conference call on Tuesday, December 15, 2009 at 9:00 a.m. ET. The conference call will be hosted by Randy Thurman, Chairman, President and Chief Executive Officer of CardioNet. Mr. Thurman will provide an update on CardioNets operations and strategic initiatives. Mr. Thurmans comments will be followed by a brief question and answer session.
Interested participants may pre-register for this conference call by contacting The Ruth Group at 646-536-7020. The dial-in numbers for the conference call are 1-866-700-7173 for domestic callers and 1-617-213-8838 for international callers, access code 53259673. The conference call will be simultaneously webcast on the investor information page of the Companys website, www.cardionet.com. The call will be archived on the Companys website and will also be available for two weeks via phone at 1-888-286-8010 for domestic callers and 1-617-801-6888 for international callers, access code 86829610.
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