OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, March 11th
MFLI,
THRR,
DLCR,
BMGP,
FLMG,
PVHO,
UVUM,
CABL,
MDIN,
SVMI,
FXCB,
NBVG Our Stocks to Watch today include Muscle Flex Inc. (OTC:
MFLI), Thresher Industries (OTC:
THRR), David Loren Corp. (OTC:
DLCR), Biomagnetics Diagnostics Corp. (OTC:
BMGP), Fleet Management Solutions Inc. (OTC:
FLMG), Provision Holding Inc. (OTCBB:
PVHO), uVuMobile Inc. (OTC:
UVUM), China Cablecom Holdings Ltd. (Nasdaq:
CABL or
CABLW), Med Gen Inc. (OTC:
MDIN), Savi Media Group Inc. (OTC:
SVMI), Fox Chase Bancorp Inc. (Nasdaq:
FXCB) and NutriPure Beverages Inc. (OTC:
NBVG).
Visit http://otcpicknews.com/emailmarketer/link.phpM940&N2&L1&F=T to register for our Daily Market Movers Digest Newsletter and Email Stock Watch Alerts.
MUSCLE
FLEX INCORPORATED (OTC:
MFLI) Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L0&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L2&F=T Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex`s corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.
MFLI News:
March 11 - BRAVADA / Muscle Flex to Create Television and Media Division Muscle Flex Inc. (OTC:
MFLI) (www.MuscleFlex.com) announced that it will create a separate wholly owned division of the company for the television and media industry. The new BRAVADA / Muscle Flex division will engage solely in the creation and development of television programming as well as compelling entertainment content for related media.
The creation of the new BRAVADA / Muscle Flex television and media division is to segregate the television / media projects from the parent company as these large scale television projects are comprised of various partnership arrangements between production entities, television networks and various other groups that work in conjunction to complete a project and broadcast the show / program onto national television networks and cable stations.
The Complete Package (www.TheCompletePackageTV.com) Reality TV Show pilot and opening episode is the first large scale television project that BRAVADA / Muscle Flex has filmed and created along with its partners TLK Fusion (www.TLKFusion.com) and Wesley Morris Entertainment (www.WesleyMorris.com) which will be included in the wholly owned television and media division. Editing of The Complete Package two-minute sizzle reel as well as the pilot / opening episode are expected to be completed the week of March 15th at which time the two-minute sizzle reel will be premiered to the public. The Complete Package pilot / opening episode will only be made available to potential television network partners. Public viewing of the opening episode will only be made available through a national television broadcast. Series content for The Complete Package (season one), is currently in development with two seasons planned per year.
BRAVADA / Muscle Flex has other projects that are to be included in the new television and media division that include Sugar Free (a daytime / primetime talk variety show), a television project that is in late stage development with its partner Sterling Worldwide Entertainment (www.sterlingwwe.com), and an additional reality show program at the concept stage of development. The Complete Package is the flagship project for the new television and media division. At present, no timelines for the additional television projects are in place, however details shall be provided to investors when specific arrangements are in place or material events dictate.
Recently Muscle Flex Inc. / BRAVADA began a corporate name change and brand restructuring to segment the component parts of its business.
The name of the company is being changed to BRAVADA International Ltd from Muscle Flex Inc. with Muscle Flex being the defining health and fitness brand within the company, BRAVADA International Ltd.
ABOUT THE COMPLETE PACKAGE The Complete Package is a new reality television show that merges sex appeal, style, attitude and business savvy. The Complete Package winner will be selected on: Beauty, Charisma, Business Smarts, Fitness, Fashion Sense, Intellect, Sex Appeal, Confidence, Spirit and Heart and will represent and be the face of BRAVADA International for one season.
The Complete Package will redefine what sexy is in America. The 10-15 episode series will incorporate all of the drama, humor and the unexpected that comes when women compete. How does a beautiful woman get prepared for the opportunity of a lifetime What decisions go into hair, make-up, wardrobe, and attitude to standout from the rest in a Beverly Hills, 90210 setting What interaction takes place when theyre living with the competition Whos their friend and whos their enemy This is a 24/7 competition never out of the eye of the camera. Special features in the show will include fashion couture on-a-budget, a swimsuit contest, perseverance, endurance, fitness, sales and business acumen, public appearances, and getting real in the must see and hear Truth Booth. Each week one contestant will be eliminated until only one winner stands in the spotlight, The Complete Package.
March 9 - Initial Edit of The Complete Package Reality Television Show Exceeds Expectations as Media Interest Accelerates Muscle Flex Inc. (OTC:
MFLI) announced that it has reviewed the first edits of The Complete Package (www.TheCompletePackageTV.com) Reality TV Show pilot and opening episode as well as the two-minute sizzle reel and has exceeded its expectations in every measure. TLK Fusion (www.TLKFusion.com), BRAVADA / Muscle Flex`s partner in The Complete Package which includes Wesley Morris Entertainment (www.WesleyMorris.com), have been engaged in substantive discussions with a number of high profile Hollywood entities and power brokers with regards to The Complete Package and have received a tremendous degree of interest. As well, a growing list of high profile national media and nationally syndicated talk shows and programs have requested and are awaiting copies of the two-minute Complete Package sizzle reel which shall be released to the media and the public.
The release date of The Complete Package sizzle reel is expected the week of March 15th.
"The strategy has always been to develop the most compelling and intriguing pilot for The Complete Package - and we`ve done it - there is no show out there like this!" replied Tracy Keyser, Co-President of TLK Fusion. "To be successful in Hollywood you have to do things right the first time and get the right people involved at the right time. We knew that when Danny Alex brought The Complete Package reality show to Ken and I that the show and its concept had amazing potential and that TLK Fusion could deliver the right high powered Hollywood insiders to make a show of this caliber a `reality` as well as a success. When you introduce The Complete Package to someone it immediately captures their imagination as to the show`s relevance and entertainment value - and I mean ENTERTAINMENT you have to see to believe! We are very proud of the project." Danny Alex, BRAVADA / Muscle Flex CEO and creator of The Complete Package, replied, "What I want people to understand is with The Complete Package we are not only creating a television reality show but a franchise. There are so many things planned around the show and BRAVADA / Muscle Flex and its partners, TLK Fusion and Wesley Morris, are moving at an accelerated pace to make The Complete Package a success. When people see The Complete Package two-minute sizzle reel, I have no doubt that they will catch the same excitement that we have!!" The Complete Package pilot and opening episode incorporated a number of dramatic elements such as the Truth Booth, hidden spy cameras, roving action cameras along with our "Man amongst the Ladies" host, Manny Streetz which brought out the very best (and worst) from the contestants vying for a spot in The Complete Package television reality series.
THE COMPLETE PACKAGE The Complete Package is a new reality television show that merges sex appeal, style, attitude and business savvy. The Complete Package winner will be selected on: Beauty, Charisma, Business Smarts, Fitness, Fashion Sense, Intellect, Sex Appeal, Confidence, Spirit and Heart and will represent and be the face of BRAVADA International for one season.
The Complete Package will redefine what sexy is in America. The 10-15 episode series will incorporate all of the drama, humor and the unexpected that comes when women compete. How does a beautiful woman get prepared for the opportunity of a lifetime What decisions go into hair, make-up, wardrobe, and attitude to standout from the rest in a Beverly Hills, 90210 setting What interaction takes place when they`re living with the competition Who`s their friend and who`s their enemy This is a 24/7 competition never out of the eye of the camera. Special features in the show will include fashion couture on-a-budget, a swimsuit contest, perseverance, endurance, fitness, sales and business acumen, public appearances, and getting real in the `must see and hear` Truth Booth. Each week one contestant will be eliminated until only one winner stands in the spotlight, The Complete Package.
THRESHER INDUSTRIES INCORPORATED (OTC:
THRR) "Up 20.00% in morning trading" Detailed Quote: www.otcpicks.com/quotes/
THRR.php Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L20&F=T Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, "green" foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe.
THRR News:
March 11 - Thresher Industries, Inc. Increases Purchase Orders and Quoting Activity Thresher Industries (OTC:
THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announces that the Company has received numerous purchase orders for the first quarter of 2010 for its metal matrix composite aluminum high pressure castings and through its active pursuit of numerous bids has done its second tier bidding for another major S&P 500 company. This S&P 500 company could provide Thresher with millions of dollars in revenue over the next few years from just one part of the several quoted.
March 10 - Thresher Industries CEO Calls for Special Meeting of Board of Directors Thresher Industries (OTC:
THRR) announced that CEO Tom Flessner has called for a special meeting with the company`s board of directors to review an offer that has been received to buy the company. It is expected that Mr.
Flessner will report to the shareholders no later than Monday the 15th of March 2010.
DAVID
LOREN CORPORATION (OTC:
DLCR) Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L15&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L50&F=T Founded in 2006 by apparel industry executive David Loren, David Loren Corporation (www.davidlorencorporation.com) is engaged in the design, production and wholesale merchandising of quality `Moderate to Better- price point` women`s apparel to major department stores, mass merchants, specialty chains and direct-to-consumer merchants. Headquartered in Los Angeles, California, the Company designs and produces private label product and four distinct product lines that include David Loren Collection, David Loren Dress, David Loren Beverly Hills, and David Loren Studio. Each brand is differentiated by its own distinctive styling, pricing strategy, distribution channel, and target consumer. The Company contracts for the manufacture of its product lines through a worldwide network of quality manufacturers.
DLCR News:
March 9 - David Loren Corporation Announces David Loren Home Collection Names Barry Baker Executive Vice President, Home Division David Loren Corporation (OTC:
DLCR) announces the launch of its new David Loren Home Collection, a collection of high quality bed and bath linens, expertly crafted furniture, fabrics, lighting, mirrors, floor coverings and decorative accessories.
The new line will be manufactured exclusively in American factories known for their craftsmanship.
"The David Loren Home Collection is an exciting opportunity to extend the reach of our David Loren brand beyond apparel into a complete lifestyle brand. This new division will enable us to offer our customers and retailers the opportunity to experience our vision of the home as a haven of comfort, beauty and renewal. We`re also looking forward to a terrific business relationship with our American manufacturers and the opportunity to support the `made in and for America` concept which is so important in the current economic environment," said David Loren, President and Chief Executive Officer of David Loren Corporation.
Leading the David Loren Home Division as its Divisional Executive Vice President will be seasoned furniture executive Barry Baker who comes to
DLCR from Room Choices where he recently completed a $ 3.6 million contract for Camana Bay Terrace using manufacturing resources from his American Made Furniture Direct USA consortium.
"I feel blessed to begin this journey with the new David Loren Home Collection, a collection of American-made products with the highest quality craftsmanship at competitive prices," said Baker. "The concept of using our greatest American assets - the American worker and American knowhow - to make our products is a cause that is close to my heart." "Barry is an amazingly talented merchant with a strong commitment to our vision for the David Loren brand. We`re thrilled that he`s joining our David Loren family, bringing not only his experience and strong industry relationships but his passion, creative spirit and leadership skills to make the David Loren Home Collection a success," commented David Loren.
BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC:
BMGP) Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L2&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L5&F=T Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company`s revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company`s technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.
BMGP News:
March 2 - Biomagnetics Announces Integrated Optical Biosensor Delivery Timetable Company on Accelerated Timetable for Summer 2010 Delivery of Handheld Optical Sensor for Tuberculosis and Cholera Detection with Malaria Detection Capability to Follow Biomagnetics Diagnostics Corp. (OTC:
BMGP) a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, today announced its accelerated timetable for delivery of the world`s first handheld, integrated optical biosensor. Through joint development efforts with its world-class research laboratory and engineering partners, Biomagnetics Diagnostics now plans to deliver a fully functioning, handheld diagnostic device capable of tuberculosis and cholera detection during the summer of 2010.
Biomagnetics will be working directly with its research laboratory partner to develop an additional bench top prototype unit that will be used as a platform for test cartridge assay development. This bench top prototype should be completed within 90 days of signing of final development contract. Over the subsequent 90 days this prototype will be used at the research laboratory to develop the assays for both tuberculosis and cholera pathogen detection. Biomagnetics currently plans to have fully functioning tuberculosis and cholera pathogen detection capabilities available for commercial sale at the end of this 180-day period.
Over the coming weeks, Biomagnetics management and personnel from the research laboratory partner will be meeting with both the National Tuberculosis Institute and the National Malaria Research Institute units of the Health Ministry of India. The purpose of these meetings is to set up collaborations in development of the malaria specific testing assay and to organize clinical trials for both Tuberculosis and Malaria.
We are very pleased to announce that we have made significant progress toward organizing our research, engineering and clinical trial partnerships in order to accelerate the timeframe for delivery of the world`s first commercially available integrated optical biosensor, commented Clayton Hardman, CEO of Biomagnetics Diagnostics, Corp. We believe the availability of this type of diagnostic tool will be instrumental in significantly lowering the costs associated with malaria, tuberculosis, cholera, and HIV/AIDS detection. With this device, personnel with only minimal amounts of training will be able to screen patients in the field for a variety of diseases. Whereas currently available diagnostics technologies and techniques often take days or weeks to produce results, integrated optical biosensors used in the field will be able to deliver results of similar or superior quality in a matter of only minutes and at only a fraction of the current cost.
Concurrent with the above developmental efforts, Biomagnetics will be working directly with its engineering partner to fully develop the handheld integrated optical biosensor units. This developmental effort is also expected to be completed within 180 days.
Mr. Hardman continued, While the most important aspect of our developmental and commercialization effort is to save lives and alleviate some of the suffering that takes place among those afflicted with malaria, tuberculosis, HIV/AIDS, and cholera, we wish to meet these objectives while still offering our shareholders significant returns on their invested capital. We believe a fully functioning, simple to use, field deployable, integrated optical biosensor device capable of very rapid and low cost detection of these pathogens and diseases is worth a significant amount to our shareholders. Therefore, we strongly believe our shares are significantly undervalued relative to the strong advancements we have made over the past few months with our research laboratory partner and the very real prospect of delivery of such a revolutionary device over the next 180 day period.
The Company recently announced it had finalized a Patent License Agreement with Los Alamos National Security. Under the agreement, Biomagnetics will have access to the Triggered Optical Biosensor and Integrated Optical Biosensor System (
IBOS) technology developed at Los Alamos National Laboratory.
FLEET MANAGEMENT SOLUTIONS INCORPORATED (OTC:
FLMG) Detailed Quote: www.otcpicks.com/quotes/
FLMG.php Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L62&F=T Based in Athens, Greece, Fleet Management Solutions (FMS) currently owns and operates 3 commercial locations with 26 full time employees. FMS provides a number of fleet management solutions in the automotive sector throughout the country and various parts of the Balkans. The Company was formed as a result of a merger between ABR Bosch Car Services, which was founded in 1992, and EDC Hellas S.A., which was founded in 1998 by EDC Holdings. By combining decades of experience, FMS was formed and is focused on providing fleet management services and solutions in the automotive aftermarket. The Company is focused on utilizing its vast automotive industry experience and its "state of the art" technologies to provide the very best turnkey services and solutions while significantly reducing costs for its client companies. FMS provides numerous comprehensive fleet management solutions such as online fleet management, maintenance programs, 24 hour roadside assistance, fuel management programs, insurance programs, license and title services, telematics and acquisition and lease buyout programs, and re-marketing of used vehicles. FMS utilizes authorized dealership networks and the BOSCH Car Service Network with 120 service locations in Greece.
FLMG News:
February 24 - FMS Client Triples Initial Contract Fleet Management Solutions Inc. (OTC:
FLMG) ("FMS" or "the Company") announced that one of its client companies, ATE Rent S.A. of Athens, Greece, which specializes in the operation of leasing passenger cars, has increased the size of its initial contract with FMS by over 200% in just over 5 months.
The initial contract between FMS and ATE Rent S.A., a Greece-based financial institution, was signed in August 2009 for the after sales servicing and management of its fleet of 225 vehicles. Following the success of the initial contract, ATE Rent S.A. has amended the contract to include an additional 452 leased vehicles for a total fleet of 677.
As part of the agreement, FMS provides full management of the fleet including accident and breakdown repairs, the provision of replacement vehicles, and regular and scheduled maintenance. The total value of the contract is expected to exceed US$800,000.
CEO Mr. Alexandris stated, "We are very pleased with this new contract. It is our way of showing our shareholders and partners that we are moving in the right direction." PROVISION HOLDING INCORPORATED (OTCBB:
PVHO) Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L40&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L41&F=T Provision Holding, Inc. focuses on the development and distribution of three-dimensional (3D) holographic interactive display systems used primarily for advertising and product merchandising markets in the United States and internationally. The company offers its systems for application in advertising and retail networking systems; electronic transaction terminals; virtual store kiosks; and trade show, and indoor and outdoor visual display units. It also focuses on offering advertising on a media network of its 3D holographic video displays. The company is based in Chatsworth, California.
PVHO News:
February 18 - Provision Interactive Names Ping Mobile to Provide Interactive Mobile Marketing Campaigns Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB:
PVHO), a provider of 3D interactive display software and hardware, announced today that it has partnered with Ping Mobile to add a mobile marketing component to its displays. The partnership will allow Provision`s 3D Media Center platform to function as an integrated point-of-sale solution in malls, airports and other public locations.
"Mobile marketing serves as both an acquisition and retention tool for retailers and brands," said Curt Thornton, CEO of Provision. "By adding a mobile marketing capability to our 3D holographic displays, we are able to offer our clients a leading-edge technology that will directly result in location-based sales." Ping Mobile president Shira Simmonds describes how the mix of Provision`s 3D Media Centers and mobile marketing benefits brick-and-mortar retailers.
"When consumers respond to a call-to-action in a mall, airport, stadium or other public venue, they can retrieve discount coupons, tickets, vouchers and other printed items from Provision`s 3D Media Centers. They can then redeem those offers with the participating on-site retailers. It`s one of the most effective uses of mobile marketing, as it reaches consumers in real time, while they`re out and about in immediate proximity to the retailer." Provision`s 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high-resolution videos into space, detached from the screen, without any special glasses.
Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused Fortune 1000 companies.
Ping Mobile provides a complete range of mobile marketing services, including SMS, MMS, IVR, WAP applications and Bluetooth. With an industry-leading focus on consultancy, reporting, data analysis and client services packages, Ping is the mobile marketing agency of choice for clients that have included Warner Brothers, Ford Motor Company, Days Inn, Disney`s Soap Channel, Kentucky Fried Chicken, Arby`s, Pizza Hut and Hawaiian Airlines.
ABOUT PROVISION INTERACTIVE TECHNOLOGIES, INC.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTCBB:
PVHO), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications.
Provision`s 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high resolution videos into space detached from the screen, without any special glasses.
Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused Fortune 1000 companies.
UVUMOBILE INCORPORATED (OTC:
UVUM) "Up 20.00% in morning trading" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L25&F=T uVuMobile recognizes the ever-increasing demand for personalized, interactive entertainment content anytime and anywhere on media-enabled devices by offering a full suite of products that effectively deliver video and audio content to mobile handsets. uVuMobile provides back-end media hosting, application development, mobile marketing, messaging, content aggregation, billing, advertising and other services directed towards the mobile business-to-business market. These services are now available to entertainment brands, carriers, developers, aggregators, distribution partners and other players in the mobile value chain. uVuMobile now offers ad supported and white label mobile video services.
UVUM News:
March 11 - uVuMobile and Sonic Solutions Collaborate on Mobile Video Applications Help provide broad support for Roxio CinemaNow-powered services across mobile platforms uVuMobile Inc. (OTC:
UVUM), a mobility solutions and content aggregator today announced that they are collaborating with and building a number of mobile applications for Sonic Solutions (Nasdaq:
SNIC). The partnership will allow consumers with internet-enabled mobile phones to browse, purchase, and watch premium entertainment from Roxio CinemaNow powered services on a wide array of portable platforms. Users can purchase a full-length movie directly on their mobile phone, view it immediately, and then access the same content from other connected devices including PCs, HDTVs, and Blu-ray Disc players.
"Sonic is on the leading edge of digital content distribution and we are excited to be working with them to provide consumers an easy and efficient way to enjoy their favorite entertainment," said Richard Seifert, President and CEO, uVuMobile. "Our integrated mobile solutions combined with premium video services from Roxio CinemaNow, will enable Sonic`s partners to reach millions of entertainment enthusiasts on the go." The Roxio CinemaNow entertainment platform serves a broad range of premium content, including new movies and next-day TV programs, to a growing, multi-manufacturer ecosystem of home and mobile electronics including PCs, connected TVs, set-top DVRs, Blu-ray Disc players, smartphones, and mobile media devices. The platform enables retailers and consumer electronics companies to participate in the entertainment supply chain, add value to product offerings, and form ongoing relationships with customers. As well as being available on a range of consumer electronics, Roxio CinemaNow powers digital entertainment delivery for Best Buy and Blockbuster.
"Over the past year, uVuMobile has been a tremendous resource as we continue to rollout a number of mobile programs for our Roxio CinemaNow retail partners," said Mark Ely, executive vice president, Strategy, Sonic Solutions. "We look forward to continuing to work with uVuMobile and turning on more small-screens to premium entertainment services powered by Roxio CinemaNow." CHINA
CABLECOM HOLDINGS LIMITED (NASDAQ:
CABL) "Up 5.60% in morning trading" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L3&F=T China Cablecom is a joint-venture provider of cable television services in the People`s Republic of China, operating in partnership with a local state-owned enterprise ("SOE") authorized by the PRC government to control the distribution of cable TV services through the deployment of analog and digital cable services. China Cablecom has consummated the acquisition of a 55 percent economic interest in a cable network in Hubei province with paying subscribers exceeding 1,100,000. The Company originally acquired operating rights of the Binzhou Broadcasting network in Binzhou, Shandong Province in September 2007 by entering into a series of asset purchase and services agreements with a company organized by SOEs, owned directly or indirectly by local branches of State Administration of Radio, Film and Television in five different municipalities to serve as a holding company of the relevant businesses. China Cablecom now operates 28 cable networks with over 1.67 million paying subscribers. China Cablecom`s strategy is to replicate the acquisitions by operating partnership models in other municipalities and provinces in the PRC and then introducing operating efficiencies and increasing service offerings in the networks in which it operates.
CABL News:
March 1 - China Cablecom Provides Clarification of Reverse Share Split China Cablecom Holdings, Ltd. (Nasdaq:
CABL or
CABLW) ("China Cablecom" or the "Company"), a joint-venture provider of cable television services in the People`s Republic of China ("PRC"), confirmed today its previously announced one-for-three reverse share split, with trading of the Company`s ordinary shares and units on the NASDAQ Capital Market to begin trading on a post split basis at the open of the trading day on March 2, 2010.
Any fractional interests in ordinary shares resulting from the one-for-three reverse split will be eliminated by rounding the number of shares issuable down to the nearest whole number of ordinary shares.
Pursuant to the terms of the Company`s outstanding warrants expiring April 4, 2010, proportional adjustments are being applied as a result of the share consolidation, with each warrant to be exercisable for one-third of the number of shares it was previously exercisable for at an exercise price of $15.00 per share.
In addition, China Cablecom`s units currently consist of one ordinary share and two warrants. China Cablecom`s Board of Directors has authorized the Company`s transfer agent to consolidate its outstanding units in the same manner as the ordinary shares. Consequently, any fractional units resulting from the reverse split will be eliminated in rounding down and the remaining warrants resulting from the cancellation of the fractional unit will be issued separately to the registered holder of the related unit.
The reverse stock split is intended to increase the trading price of the Company`s ordinary shares to satisfy the minimum bid price of $1.00 minimum per share for continued listing on NASDAQ.
MED GEN INCORPORATED (OTCBB:
MDIN) "Up 42.86% in morning trading" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L14&F=T Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system, Sprays the Way (STW). It is best known for producing the worlds first patented liquid spray snoring relief formula, Snorenz. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep, the UnDiet system and GOOD NIGHTS
SLEEP Sleep Strips into its family of brands. FabULust, the companys newest product, a female sexual stimulant, has been launched in test markets throughout the country.
While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems.
The company markets its products to distributors, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under various private labels or existing names. The Company also offers specialty financial and investment services through its Financial Services division, to small emerging public companies.
MDIN News:
March 9 - Med Gen Inc. Announces New Direction for Business Mr. Raymond Barton, the newly elected Chief Executive Officer of Med Gen Inc. (OTC:
MDIN) ("Med Gen") announces the acquisition of NorthStar Business & Property Brokers, Inc. ("NorthStar"), now a private and wholly owned subsidiary of Med Gen. Med Gen essentially ceased business operations pursuant to the 8-K filed January 16, 2009 and a group of individuals associated with NorthStar indicated interest in a stock exchange with Med Gen in January 2010, primarily to re-direct and resume the business activities of this formerly dormant corporation. On January 27, 2010 the two companies entered into a share agreement and on February 9, 2010, Mr.
Barton was elected CEO of Med Gen. Mr. Barton spent the past two years as the President of a privately held company Bridge Business & Property Brokers, Inc., a national firm with headquarters in Bohemia, New York. Mr.
Barton has been the CEO of several publicly traded companies and has been involved in start ups in the sales, marketing and technology sectors. He has taken several companies public and has also pioneered new technologies with several dozen patents pending. On February 19, 2010, the current slate of Directors and Officers were elected and an 8-K was filed March 3, 2010 detailing the background of the new management team. In addition to Mr.
Barton, Mr. Robert Anderson was elected COO, Mr. Timothy Schmidt as CFO, Ms. Lorin Rosen Streim, Esq. Vice President & General Counsel and Ms.
Rachel Collins as Vice President and Director of Operations.
"I am very excited about the acquisition of NorthStar as being beneficial not only to the company`s bottom line, but the shareholders as well," stated Mr. Barton. NorthStar is engaged in the industry of business brokering on several levels. NorthStar business brokers act as the intermediary between the buyer and the seller in a business transaction.
Business owners hire NorthStar brokers to assist in the sale of their business, and to assure a pre-qualified buyer and a smooth sale transaction. In return, the brokers earn between 10% and 12% of the total purchase price of the business.
ABOUT NORTHSTAR BUSINESS AND PROPERTY BROKERS NorthStar was founded to take advantage of the tremendous turnover that is taking place in small to mid sized businesses in America, fueled both by the current economic crises and the booming unemployment level. The company helps business owners get the best price for their business and assists would-be buyers gain a solid and profitable income source. The company has its Headquarters in Holbrook New York, but has several offices opening shortly both in and out of New York State. The company offers tools such as a full online training program, proprietary Multiple Listing type service and eighty percent payout to their brokers, making it very appetizing to those interested in entering this lucrative field. NorthStar will also be offering low cost franchise offices in the near future.
SAVI MEDIA GROUP INCORPORATED (OTC:
SVMI) "Up 39.26% in morning trading" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L75&F=T SaVi Automotive, Inc., a division of Savi Media Group, creates and commercializes the worlds best blow-by gas and crankcase engine emission reduction technology. We have created the Worlds first truly simple gasoline and diesel engine emission reduction technology and it allows us to provide our clients a lower-cost and more effective and efficient emission reduction and engine efficiency (leading to better mileage and lifespan) solutions.
SVMI News:
March 3 - DynoValve Distributor Roster Grows, Other Objectives Met Savi Media Group (OTC:
SVMI) announces an expanding network of Distributors nationwide and other noteworthy developments.
The company is negotiating with installers, distributors, fleet managers and distribution centers in multiple states, including key markets in California, New York, Texas, Ohio, Florida and other states to join the DynoValve team.
Successful emission reduction and fuel savings testing on additional vehicles has also been completed, including priority target vehicle models, where mileage increase in range from 7.5 and up to 50%. Jeep, Ford, Lincoln and Hummer were successfully tested, as was testing on a Ford F-700 Dump Truck, which had a substantial mileage increase from 5 mpg to 7.5 mpg, or 50%. To view the vehicles test results, visit www.savimediagroup.com/news/testing.htm.
"These two developments not only increase the number of our successful DynoValve testing capabilities and target toward our core vehicle markets, but will greatly enhance our visibility, flexibility and reach in key automotive markets around the country," stated Savi Media Group Founder/CEO Serge Monros.
In addition to earlier news of the Ford Transit Connect`s role in overall company mobile strategy for use in sales, mobile installations and appearances at Trade shows, the Ford Transit Connect is now fully operational, outfitted with internet, and multi-media capabilities, and stocked with tools from Matco Tools. To view the Tools/Teams, visit www.savimediagroup.com/news/vehicle.htm.
A series of 30-second DynoValve commercials are slated to air on Time-Warner Cable in areas of Orange County, California during the second week of March on CNN, FOX Business News, Discovery and History Channels.
The schedule and map of the areas to be broadcasted will be accessible in a few days of the show times. The company is also in the process of negotiating with COX Cable to air a DynoValve commercial in Las Vegas, Nevada.
"Establishing DynoValve as a brand is very important as we push forward onto the national stage," said Monros. "This is the first step of implementing a promotional and advertising strategy to accomplish just that." FOX CHASE BANCORP INCORPORATED (NASDAQ:
FXCB) "Up 16.67% in morning trading" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L26&F=T Fox Chase Bancorp, Inc. is the holding company for Fox Chase Bank, a federal savings bank headquartered in Hatboro, Pennsylvania. Fox Chase Bank operates eleven full-service banking offices in Bucks, Chester, Delaware, Philadelphia and Montgomery Counties in Pennsylvania and Atlantic and Cape May counties in New Jersey.
FXCB News:
March 10 - Fox Chase Bancorp, Inc. Announces Adoption of Plan of Conversion and Reorganization Fox Chase Bancorp, Inc. (Nasdaq:
FXCB) (the "Company") holding company for Fox Chase Bank, announced today that the Board of Directors of the Company has unanimously adopted a Plan of Conversion and Reorganization (the "Plan") pursuant to which Fox Chase Bank will reorganize from the two-tier mutual holding company structure to the stock holding company structure and will undertake a "second-step" stock offering of shares of common stock of a new corporation formed in connection with the conversion. Fox Chase Bank converted from a mutual savings bank to the two-tier mutual holding company structure and offered and sold a minority of the shares of the mid-tier stock holding company in 2006.
Fox Chase MHC (the "MHC"), which owns approximately 59.9% of the outstanding common stock of the Company, will be merged with and into the Company as part of the reorganization and its shares in the Company will be retired. The new holding company will offer and sell shares of common stock in an amount representing the percentage ownership interest currently held by the MHC, also to be based on an appraisal of the Company, as converted, which will be performed by an independent appraiser. The new holding company will offer shares of its common stock for sale to Fox Chase Bank`s eligible account holders and tax-qualified employee benefit plans and to members of the general public in a subscription and community offering in the manner and subject to the priorities set forth in the Plan. The highest priority will be depositors with qualifying deposits as of December 31, 2008. In addition, existing shareholders of the Company, other than the MHC, will receive shares of common stock of a new Maryland corporation pursuant to an "exchange ratio" designed to preserve their aggregate percentage ownership interest. The exchange ratio will be determined based upon the appraisal of the Company and the results of the offering.
The conversion and reorganization will be subject to approval of Fox Chase Bank`s depositors, the Company`s shareholders (including the approval of a majority of the shares held by persons other than the MHC) and regulatory agencies.
Information, including the details of the offering and business and financial information about the Company and Fox Chase Bank, will be provided in proxy materials and a prospectus when the offering commences, which is expected to be during the second quarter of 2010.
NUTRIPURE BEVERAGES INCORPORATED (OTC:
NBVG) "Up 20.00% in morning trading" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N2&L6&F=T NutriPure Beverages, Inc. is bringing to market a complete line of premium bottled water products using a patented process that is more efficient and less costly than others currently in use. This unique process adds organic nutrients to water without adding masking flavors, colors or sweeteners, yielding premium enhanced water products that contain no calories, no carbohydrates, no colors and no extraneous flavors of any kind. The company intends to market a full line of water products to compete with currently available products including VitaminWater and SmartWater. Nu2O products will include a vitamin water, a weight loss formulation, an immune booster, an energy and fitness drink, and more. The company plans to launch its first Nu2O products in late 2009 and a total of 13-15 products within 12-15 months after the initial launch.
NBVG News:
December 30 - NutriPure Beverages, Inc. Selects West-Pack Industries for Blending and Packaging of Nu2O Products NutriPure Beverages, Inc. (OTC:
NBVG) and its subsidiary XND Technologies, Inc. announced today that West-Pack Industries has been contracted to assist in the manufacturing of the Nu2O nutraceutical formulas. West-Pack Industries, based in Sparks, Nevada, is one of the leading ingredient supply companies on the West Coast, capable of providing high-speed packaging and superior custom blending with consistency and precision.
West-Pack also features a locked down and bonded facility, an extremely clean and hygienic facility frequently inspected by Eco-Labs, and allergen-free storage and processing.
West-Pack was chosen for the Nu2O project because of their extensive experience in the blending and packaging of sports drinks, non-carbonated beverages, sports and fitness supplements, vitamins and minerals, herbs and extracts, and nutriceuticals. West-Pack is scheduled to have the initial Nu20 blends available in January 2010.
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