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HST Global, Inc. (OTCBB: HSTC | Quote | Chart | News | PowerRating) closed at $2.50 Thursday, trading 881 shares.
Company News- July 11, 2008: HST Global, Inc. Announces New Board Member
HST Global, Inc. (OTCBB: HSTC), a development stage biotechnology company, announced earlier today the appointment of Dr. James W. Forsythe to their Board of Directors. Dr. Forsythe brings over thirty years of medical and research experience to complement the business background of current board members.
"Dr. Forsythe's strong ties to the medical and research community will be a valuable asset to our board," said Ron Howell, CEO and President of HST Global, Inc. "James will be instrumental in helping us increase our visibility of new technology and research applications." Currently, Dr. Forsythe is an Associate Professor of Medicine and Pathology, University of Nevada Medical School Reno, NV. Prior to that, he was an instructor in Medicine and Hematology, University of California Medical Center, San Francisco, CA.
Dr. Forsythe received his Doctorate of Medicine from the University of California, San Francisco and his Undergraduate Degree from University of California at Berkeley. Dr. Forsythe is certified in Homeopathy and Board Certified in Internal Medicine, Medical Oncology and Utilization Review and Quality Assurance. He is also Board eligible in Clinical Pathology and Medical Gerontology. Dr. Forsythe is also the owner and Medical Director of Cancer Screening and Treatment Center of Nevada and Century Wellness Clinic. In addition, Dr. Forsythe spent 26 years in the United States Army Medical Corps, retiring full Colonel. He was also the former State Surgeon in the Nevada Army National Guard.
About HST Global, Inc.
HST Global, Inc. is a development stage biotechnology company that acquires and develops innovative products for the treatment of cancer. We focus on in-licensing drug candidates that are undergoing or have already completed initial clinical testing for the treatment of cancer, and then developing those drug candidates for commercial use.
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JayHawk Energy, Inc. (OTCBB: JYHW | Quote | Chart | News | PowerRating) closed at $1.84 Thursday, trading 358,666 shares.
Company News- July 11, 2008: JayHawk Energy Updates Drilling Activity on Cherokee Basin Project, Kansas
JayHawk Energy, Inc. (OTCBB: JYHW | Quote | Chart | News | PowerRating) ("JayHawk") is pleased to have announced earlier today the continuation of its aggressive drilling program on their Cherokee Basin Project, located in Southeast Kansas. As previously released, unfavorable weather conditions has hindered drilling operations in the Kansas area, precluding drilling activity over the last several months.
JayHawk will commence drilling 20 new targets starting Monday, July 14, with the expectation of completing all wells by August 31. The Company's objective remains focused on drilling approximately 100 well targets in the near term.
Further information regarding the Company's projects will be forthcoming as developments warrant.
About JayHawk Energy, Inc.
JayHawk Energy, Inc. is a managed risk, oil and gas exploration/exploitation, development and production company with activities focused on two major projects in the Cherokee Basin, Kansas and the Williston Basin, North Dakota. For more information please visit www.jayhawkenergy.com.
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Turbine Truck Engines, Inc. (OTCBB: TTEG | Quote | Chart | News | PowerRating) closed at $0.15 Thursday, trading 78,933 shares.
Company News- July 11, 2008: Turbine Truck Engines, Inc. - Corporate Update
Earlier today the following was announced:
In the interest of clarity, the management of Turbine Truck Engines, Inc. (TTE') (OTCBB: TTEG | Quote | Chart | News | PowerRating) wish to emphasize and restate that the proposed merger with Highpoint Acquisition Inc and Highpoint Transport Inc., dated February 6, 2008, was terminated on May 13, 2008. As a result of the termination, announced via a May 13, 2008 press release and an 8K filing dated May 19, 2008, a proposed 11 for 1 reverse split of TTE common shares was effectively cancelled.
"The board has decided that it must be made perfectly clear that the proposed reverse split of our shares has not taken place. The Highpoint merger never closed and our share structure has not changed," stated Phyllis J. Rouse, Secretary/Treasurer and Director, Turbine Truck Engines, Inc. "It is hoped that this update will dispel any confusion resulting from misinterpretation of previous press releases or company filings," she added.
About Turbine Truck Engines, Inc.
Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture and testing of its New Energy and Environmental Efficient Truck Engine intended for mass market in the United States and abroad. This new engine design can utilize any known fuel source (gasoline, diesel, propane, natural gas, hydrogen, methanol, ethanol or LPG) or fuel mixture, yet needs zero coolant, lube oil, filters, or pumps. The unique, lightweight turbine design has few moving parts, significantly reducing maintenance costs. The innovative cyclic detonation process produces a complete combustion of fuel-oxidation mixtures, resulting in greater fuel economy and fewer harmful exhaust emissions. For more information concerning Turbine Truck, Engines Inc., kindly visit our website at www.TTEngines.com
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Park City Group, Inc. (OTCBB:PCYG) closed at $3.20 Thursday, trading 600 shares.
Company News- July 11, 2008: Park City Group Identifies $19 Million in Lost Opportunity Sales with Supply Chain Profit Link Opportunity Evaluation for 1,300 Store Supermarket Retailer
Park City Group, Inc. (OTCBB:PCYG), developer and marketer of patented computer software and consulting services designed to enable its retail customers to increase sales while reducing inventory and labor costs, announced earlier today that a recent Supply Chain Profit Link (SCPL) opportunity evaluation has identified $19.2 million in lost opportunity sales. The SCPL category management service was evaluated in 343 of 1,300 stores of a prominent East Coast supermarket chain.
The $19 million in lost opportunity sales were identified in one category with 10 fresh poultry SKUs in the areas of out-of-stock identification and distribution optimization. For example, one important lost opportunity sales uncovered by Park City Group was an extreme variation in the number of stores carrying specific products - which minimized the chain's opportunity for branded products to grow premium pricing and margins in those stores. Subsequently, Park City Group developed a Core Item Listing Report and communicated to each distribution center their opportunity gap in both items and dollar value on a store-by-store and day-by-day basis.
Park City Group's SCPL category management service for perishable and non-perishable products delivers collaborative resources and data-sharing capabilities previously unavailable to retailers and suppliers. SCPL allows retailers and suppliers to view corporate, division, region, store, department, category and item-level product movement down to hourly increments allowing for unprecedented tracking and correction of store- and shelf-level issues. As part of a no charge opportunity evaluation period, Park City Group gathered inventory and sales data provided by the supermarket retailer and performed deep level analysis and provided detailed analytics and item-level visibility.
Randall K. Fields, Chairman and CEO, said that, "We are gratified to have demonstrated more than $19 million in important financial benefits for this supermarket chain utilizing SCPL in just one category and in only 25% of this chain. We look forward to exploring how we can build upon the solid analytic foundation we've provided to expand the utilization of SCPL and identify how our other solutions and products can benefit the chain.
"Not only is the SCPL platform a powerful tool to convert retailers' data into effective operational actions, it also facilitates and solidifies supplier relationships by providing unparalleled third-party visibility for product movement. SCPL provides a unique value proposition for the supermarket and its vendor. Armed with previously unavailable data, suppliers often provide funding for the program in order to share in the valuable data analysis: The retailer benefits by increased sales and reduced inventory and labor costs.
The suppliers' benefits can include increased sales as well as promotional effectiveness.
As suppliers begin to understand the category from the retailer's view, they become more focused with store distribution and providing promotions that improve category profitability," Fields concluded.
Based upon data observations, Park City Group's Business Analytics Group will conduct bi-weekly collaborative category reviews. The Company will provide solutions to the problems surfaced in the data by creating category-specific presentations for the supermarket's Category Managers, Merchants, Operators and Suppliers which include performance and trends analytics.
The average supermarket has approximately 180 categories, 50-100 of which are excellent candidates to benefit from the SCPL platform. Last year, Park City Group began to focus its business model on sales of subscription-based products in order to minimize lumpy' licensed-based sales. The benefits of subscription-based products to Park City Group include: A shorter, less resource intensive sales cycle, A steady and recurring revenue stream, and Allowing retailers the ability to share costs with the supplier.
About Park City Group
Park City Group, Inc. develops and markets patented computer software and consulting services that helps retailers and their suppliers to increase sales while reducing inventory and labor costs - the two largest, controllable expenses.
The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, chief executive officer of Park City Group. Industry-leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from Park City Group software. To find out more about Park City Group, please visit http://www.parkcitygroup.com.
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