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OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Monday, November 10th UBRG, RNNM, CYCL, CENV, PUDC, INSM

Mon. November 10, 2008; Posted: 01:10 PM
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Nov 10, 2008 (M2 PRESSWIRE via COMTEX) -- UBRG | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include Universal Bioenergy Inc. (OTC: UBRG), Ronn Motor Company Inc. (OTC: RNNM), Centennial Communications Inc. (Nasdaq: CYCL), Certified Environmental Group Inc. (OTC: CENV), Puda Coal Inc. (OTCBB: PUDC | Quote | Chart | News | PowerRating) and Insmed Inc. (Nasdaq: INSM).

Visit http://www.otcpicks.com to register for our Daily Market Mover's Digest Newsletter and Email Stock Watch Alerts.

UNIVERSAL BIOENERGY INCORPORATED (OTC: UBRG | Quote | Chart | News | PowerRating) "Up 12.41% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/UBRG.php

Company Profile: http://www.otcpicks.com/universal-bioenergy.htm

Universal Bioenergy, Inc. is a Mississippi-based company engaged in the production of renewable fuels through its subsidiary Universal Bioenergy North America, Inc. that operates a biodiesel refinery in Mississippi. The refinery intends to produce biodiesel fuel from various virgin vegetable oils, premium greases, and non-edible vegetable oil sources using their unique and economical process.

UBRG News:

November 7 - Universal Bioenergy, Inc. Seeks Algae Feedstock Companies for Acquisition, Alliance, and Joint Venture Opportunities for Biodiesel Production

Universal Bioenergy, Inc. (OTC: UBRG | Quote | Chart | News | PowerRating) CEO, Dr. Richard Craven, stated, "Algae can become a prominent source of energy, and with several new algae technology companies emerging, it is a good time to form alliances. We have identified and spoken with some candidates but certainly welcome contact from interested parties. It is our goal to one day be 100% self-supplying in oil raw materials. Growing our own algae-based oil would be a step in that direction as it would reduce the influence of commodity price fluctuations on our operating costs."

Universal Bioenergy, Inc. is actively seeking relationships with algae production companies for the purpose of biodiesel and other fuel production.

RONN MOTOR COMPANY (OTC: RNNM | Quote | Chart | News | PowerRating) "Up 7.58% in morning trading and 77.50% since OTCPicks began coverage"

Detailed Quote: http://www.otcpicks.com/quotes/RNNM.php

Company Profile: http://www.otcpicks.com/ronn-motor-company.htm

Headquartered in Austin, Texas, Ronn Motor Company, Inc. is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These technology systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics will be incorporated into our automobiles and made available for aftermarket applications. Our products, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, position the company as one of the new leaders in an automotive industry transitioning toward fuel efficiency.

RNNM News:

November 10 - Frigette's Projection of Three-Year Retail Sales of One Million Units of Ronn Motor Company's H2GO Real Time Hydrogen Injection System Reinforced After Strong SEMA Response

Ronn Motor Company, Inc. (OTC: RNNM | Quote | Chart | News | PowerRating) announced that after strong SEMA response, the Company is reinforcing Frigette's projection of three-year retail sales of Ronn Motor Company's proprietary H2GO(TM) Real-Time Hydrogen Injection system could be potentially one million units globally, producing retail revenues potentially of up to $1 Billion in retail sales globally within the three years.

Ronn Maxwell, CEO of Ronn Motor Company, said, "The H2GO(TM) Real-Time Hydrogen Injection system was recently unveiled by Tommy DuPont, Publisher of the world renowned 'DuPont Registry' and revealed to the world at SEMA, the world's largest and most recognized automotive aftermarket convention show. The H2GO(TM) system is the catalyst behind the world's First Eco-Exotic sports car named the 'SCORPION(TM).' The Scorpion(TM) and the H2GO(TM) system were one of the most talked about features at this year's show and received unprecedented media coverage for its one-of-a-kind Green technologies that increase fuel mileage between 15-35% on any internal combustion engine while reducing noxious emissions to nearly zero.

"We are currently finalizing Global Distribution and manufacturing contracts with Frigette which is the largest aftermarket automotive manufacturer and distributor in the U.S. with nine regional distribution centers and over 5,000 distributors. Frigette products are sold directly or indirectly to over 170,000 locations worldwide. Frigette has distribution presence in the U.S.A., Europe, China, India and Russia."

Ronn Motor Company projections are based on assumptions from Frigette directly. In a prior news release, Mr. Phillip Kreymer, Director of Marketing at Frigette, said sales of one million units over the next three years are easily within Frigette's manufacturing and distribution capabilities and with a suggested retail price of $999.00 that would possibly produce revenues in the one billion dollar range.

Frigette is supplying products to many Original Equipment vehicle manufacturers including General Motors, Ford, Honda, Isuzu, Jaguar, Mazda, Nissan, and Subaru, and has been awarded the coveted "Q1 Supplier Award" by Ford Motor Company and the "First Team Supplier Award" by Nissan Motors of America. We also supply products to thirty-nine (39) OEM Recreational Vehicle manufacturers.

Frigette quality control standards have been approved by Chrysler Motors, Ford Motor Company, General Motors, Honda, Hyundai, Isuzu, Jaguar, Mazda, Nissan, Saturn, Subaru, GAZ, VAZ, Volvo, Winnebago, and others. Frigette's distributor network and key installers number in excess of 500 and have installation capabilities to support the Frigette products to the new car dealers who do not wish to perform installations. This assures the O.E.M. manufacturer that quality products, which they have approved, can be installed on their vehicles even though the car dealer may not wish to make the installation.

CENTENNIAL COMMUNICATIONS CORPORATIONS (NASDAQ: CYCL | Quote | Chart | News | PowerRating) "Up 102.86% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/CYCL.php

Centennial Communications (Nasdaq: CYCL), based in Wall, NJ, is a leading provider of regional wireless and integrated communications services in the United States and Puerto Rico with approximately 1.1 million wireless subscribers and 596,700 access lines and equivalents. The U.S. business owns and operates wireless networks in the Midwest and Southeast covering parts of six states. Centennial's Puerto Rico business owns and operates wireless networks in Puerto Rico and the U.S. Virgin Islands and provides facilities-based integrated voice, data and Internet solutions. Welsh, Carson, Anderson & Stowe is a significant shareholder of Centennial.

CYCL News:

November 7 - AT&T to Acquire Centennial Communications, Enhance Service for Wireless Customers and Businesses

AT&T Inc. (NYSE: T) and Centennial Communications Corp. (Nasdaq: CYCL | Quote | Chart | News | PowerRating) announced that AT&T plans to acquire Centennial, a regional provider of wireless and wired communications services, for $944 million in cash. The transaction will enhance AT&T's wireless coverage for customers in largely rural areas of the Midwest and Southeast United States and in Puerto Rico and the U.S. Virgin Islands. With the addition of Centennial's wired network in Puerto Rico, AT&T will also be able to better serve the company's business customers who operate there.

As a result of the acquisition, Centennial's 1.1 million wireless subscribers - many of them in rural areas - will have access to the wireless network with the best global coverage and to the nation's premier lineup of innovative wireless devices, including iPhone 3G, an AT&T exclusive. Centennial's customers who choose select smartphones - such as the BlackBerry BoldTM, another AT&T exclusive - and AT&T LaptopConnect cards will also enjoy free access to the nation's largest Wi-Fi network.

"Mobility is a vital investment area for AT&T and our company's biggest growth driver," said Ralph de la Vega, president and chief executive officer of AT&T Mobility and Consumer Markets. "This transaction enhances network coverage for our consumer and business customers and is expected to create long-term value for AT&T's stockholders."

"This acquisition offers important benefits for wireless customers of both AT&T and Centennial," de la Vega said. "Our existing customers will enjoy a better on-network calling experience in the current Centennial roaming areas. And Centennial customers will have access to a mobile-to-mobile network of nearly 75 million subscribers, AT&T's national and international roaming capabilities, our terrific device offerings and our great portfolio of applications and services."

The Centennial acquisition demonstrates AT&T's commitment to continuously enhance network quality and coverage for its wireless customers. The addition of Centennial's high-quality 850 MHz spectrum will improve service quality for AT&T customers in parts of Indiana, Louisiana, Michigan, Mississippi, Ohio and Texas.

Centennial also provides switched voice and high-capacity data and Internet Protocol solutions for business customers in Puerto Rico. The transaction gives AT&T a network presence in Puerto Rico and will allow the company to better serve its multinational business customers with a presence in this U.S. territory.

"Centennial has a 20-year history of doing what is best for our customers, and this transaction is a natural next step for us," said Michael J. Small, CEO of Centennial. "As a result of this merger, our wireless customers will enjoy greatly expanded network coverage and access to AT&T's wide range of innovative products and services. Our business customers will benefit from AT&T's expertise in delivering networking services and solutions to businesses of all sizes.

"I thank our associates for their dedication and hard work in always rising to the challenges of our rapidly changing industry, and I take pride that our company will become part of a world-class organization like AT&T."

Under terms of the agreement, Centennial stockholders will receive $8.50 per share for a total equity price of $944 million. Including net debt, the total enterprise value is approximately $2.8 billion. AT&T expects the proposed transaction to deliver significant value to its stockholders. The acquisition offers opportunities for synergies in areas including corporate overhead, advertising, customer care and network operations. In the first year after the transaction closes, AT&T expects minimal dilution to EPS and cash flow, driven by upfront integration costs.

The acquisition is subject to regulatory approval, the approval of Centennial's stockholders and other customary closing conditions. Welsh, Carson, Anderson & Stowe, Centennial's largest stockholder, has agreed to vote in support of this transaction. AT&T is working to obtain approvals by the end of the second quarter of 2009.

Centennial's 1.1 million wireless customers are in Puerto Rico and the U.S. Virgin Islands as well as in Kalamazoo, Cass City, Newaygo, Battle Creek, Benton Harbor, Jackson, Roscommon, Allegan, Grand Rapids, Lansing, Muskegon and Saginaw-Bay City, Mich.; Miami, Kosciusko, Huntington, Kokomo, Muncie, Anderson and Lafayette, Ind.; Lima and Findlay-Tiffin and Williams County, Ohio; Lafayette, Alexandria, Iberville, Bastrop and Lake Charles and Caldwell, West Feliciana, Beauregard and DeSoto parishes, La.; Beaumont-Port Arthur, Texas; and Claiborne and Copiah counties, Miss.

About AT&T

AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list.

CERTIFIED ENVIRONMENTAL GROUP INCORPORATED (OTC: CENV | Quote | Chart | News | PowerRating) "Up 75.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/CENV.php

Certified Environmental Group develops and commercializes alternative energy solutions focusing on clean drinking water, power and shelter through its fully owned operating subsidiary Global Life Water.

CENV News:

November 10 - Certified Environmental Group Announces Proper Share Structure and Corporate Direction

Certified Environmental Group Inc. (OTC: CENV | Quote | Chart | News | PowerRating) and its subsidiary Global Life Water informs its shareholders that the company is moving forward in an aggressive fashion to complete several agreements with large development companies to move forward our company initiative of providing clean drinking water and power to regions less fortunate.

As revealed in its first press release, CENV is working alongside pink sheets to become a reporting company. Many investors have contacted CEG management via phone and email in the last several days asking the current share structure for CENV. Management will be retiring 190,000,000 shares this week to bring the current structure by week's end to the following:

Authorized Shares: 900,000,000 Issued and Outstanding Shares: 551,169,434 Restricted Shares: 504,811,553 Free trading Shares: 46,357,881 Held in CEDE:40,364,183

Management plans to upload a current report from DTCC indicating the current number of shares in "CEDE" as well as update pink sheets with the proper share as soon as the shares have been retired later this week. Certified Environmental Group Inc. has several exciting plans in the works and will continue to keep its shareholders informed.

PUDA COAL (OTCBB: PUDC | Quote | Chart | News | PowerRating) "Up 25.42% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/PUDC.php

Puda Coal, through its subsidiaries in China, supplies premium grade coking coal to the steel making industry for use in making coke. The Company currently possesses 3.5 million metric tons of annual coking coal cleaning capacity in Shanxi Province, China. Shanxi Province provides 20 - 25% of China's coal output and supplies nearly 50% of China's coke.

PUDC News:

November 10 - Puda Coal Announces Strong Third Quarter Results

Q3 Revenue Rises 83% and Net Income Climbs 94% Year over Year

Puda Coal, Inc. (OTCBB: PUDC), a supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, announced its strong financial results for the quarter ended September 30, 2008.

Third Quarter 2008 Highlights:

* Third quarter revenue reached a record $74.1 million, up 82.7% from the third quarter last year.

* Operating income totaled $9.0 million, up 63.1% from the third quarter last year.

* Net income was $6.5 million or $0.06 per fully diluted share, up 94.3% from $3.4 million, or $0.03 per fully diluted share, for third quarter last year.

* Sales of cleaned coal totaled 603,000 metric tons (MT), up 22.6% from third quarter last year.

* Average selling price of cleaned coal rose 35.2% to approximately $123 per MT (after adjusting for exchange rate differences) from the third quarter last year.

* Launched new corporate website: www.pudacoalinc.com.

* To present at the Rodman & Renshaw Annual Global Investment Conference in New York and conduct non-deal roadshow in the U.S. in November.

"We are extremely pleased with the significant increase in both our top and bottom line performance during the third quarter, which was the result of strong demand for our high grade coking coal and a substantial increase in selling prices," said Mr. Zhu, CEO and President of Puda Coal. "We plan to maintain a strong level of cash flow and liquidity to fuel our operations in the fourth quarter of 2008 and in 2009," added Mr. Zhu.

Results for the Third Quarter 2008

For the quarter ended September 30, 2008, total revenue was $74.1 million, up 82.7% from $40.5 million in the same quarter last year. This revenue growth was driven by larger customer order volume from existing and new clients for high-grade coking coal. Sales of cleaned coal were 603,000 MT, up 22.6% from 492,000 MT in the same period last year. The average selling price was approximately $123 (after adjusting for exchange rate differences), up 35.2% from $91 for the same quarter of 2007. The increases in tonnage sales and selling price of cleaned coal were the primary reasons for the increase in the net revenue.

Gross profit for the quarter was $10.2 million, up 53.1% from $6.7 million for the same period of 2007. Gross margin was 13.8% in the quarter, down from 16.4% in the same period last year. The 2.6 percentage point decline was attributable to an increase in the average purchase price of raw coal, which rose from $56 per ton in the third quarter of 2007 to $90 per ton in the current quarter. The increase in the average price of raw coal was partially offset by the increase in the average selling price of cleaned coal.

Operating expenses for the third quarter of 2008 were $1.2 million, up 5.1% from $1.1 million in the same period last year. Selling expenses increased 12.8% in support of the increase in net revenue, while general and administrative expenses declined 6.6%. As a percentage of net revenue, operating expenses were 1.6% in the third quarter of 2008, compared to 2.8% in the same quarter last year.

Operating income was $9.0 million, or 12.1% of revenue in the third quarter of 2008, up 63.1% from $5.5 million, or 13.6% of net revenue in the third quarter of 2007.

Interest expense and debt financing costs totaled $0.3 million in the third quarter of 2008, down from $0.9 million a year ago. This decrease was primarily due to lower non-cash expenses related to the amortization of the discount on the Company's convertible notes and warrants in the current quarter. In addition, the Company incurred a penalty of $0.4 million in the third quarter of 2007 due to a delay in the effectiveness of the registration statement related to its November 2005 private placement. The penalty was paid in shares of the Company's common stock.

During the third quarters of 2008 and 2007, the Company recorded non-cash gains of $0.1 million and $0.6 million, respectively, for the gain in fair value of the warrants issued in the November 2005 private placement.

Income tax expense increase 21.1% to $2.3 million in the third quarter of 2008 from $1.9 million in the year ago period due to the increase in operating profit at the Company's operating company, Shanxi Coal. This was partially offset by a reduction in the income tax rate to 25% from 33%, effective January 2008.

Net income was $6.5 million, or $0.06 per fully diluted share, compared to $3.4 million, or $0.03 per fully diluted share, in the third quarter of 2007.

Nine Month Results

Net revenue was $177.8 million for the nine months ended September 30, 2008, up 53.2% from $116.0 million in the same period of 2007. Gross profit was $24.3 million, or 13.7% of revenue, up 17.1% from $20.8 million, or 17.9% of revenue, for the nine months ended September 30, 2007. Operating income was $20.4 million, or 11.5% of revenue, up 19.4% from $17.1 million, or 14.7% of revenue, in the first nine months of 2007. Net income was $13.7 million, or $0.13 per fully diluted share, compared with net income of $6.5 million, or $0.07 per fully diluted share, in the nine months ended September 30, 2007.

Financial Condition

As of September 30, 2008, Puda Coal had $39.4 million in cash and cash equivalents and $63.3 million in working capital and a current ratio of 4.0:1. Long-term debt, excluding current portion, was $8.1 million and shareholders' equity stood at $68.3 million up from $48.6 million at the end of 2007.

The Company generated $22.6 million in cash from operating activities for the nine months ended September 30, 2008, compared to cash used in operating activities of $17.4 million in the same period last year. This was primarily due to a decrease in working capital needs resulting from decreased inventory. As of September 30, 2008, the Company had approximately $25.4 million in inventories, of which $12.3 million was raw materials. Business Outlook

Due to high prices for raw materials used in steel making and other economic factors, China's steel industry is currently experiencing slower production, which the Company believes will have a slight impact on its tonnage sales in the next two quarters or a relatively longer time.

In the longer term, Puda Coal believes the outlook for its coal washing operations remains attractive, as the Company has maintained a stable increased customer base and supply tunnels, and the demand for high-grade coking coal will continue to increase due to the development programs of China's western regions, which is expected to drive demand for steel in the long term. The Company is currently operating at approximately 69% utilization and has the capacity to meet the increases in future demand. In addition, the Company intends to execute its strategy of entering the coal mining business to increase profitability.

"While steel production in China is currently experiencing some softness, we believe the ongoing need for steel in China's long-term economic development will continue to drive the demand for steel. This provides significant opportunities for suppliers of cleaned coking coal like us," said Mr. Zhu. "We believe Puda Coal is particularly well positioned to capture this opportunity because of our excellent customer relationships and ability to provide our customers with large quantities of high grade cleaned coal."

Upcoming Events

Puda Coal will present at the upcoming Rodman & Renshaw Annual Global Investment Conference held November 10-12 at the New York Palace Hotel in New York City. During the conference, Puda Coal's management will be available for one-on-one meetings.

To complement its participation at the conference, Puda Coal is participating in a non-deal roadshow from November 10-14. Ms. Laby Wu, Puda Coal's Chief Financial Officer and Mr. Wenwei Tian, Puda Coal's COO and Director of Investor Relations will visit securities analysts and other investors in New York, Chicago and Dallas.

INSMED INCORPORATED (NASDAQ: INSM | Quote | Chart | News | PowerRating) "Up 33.33% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/INSM.php

Insmed Inc. is a biopharmaceutical company with unique protein process development and manufacturing experience and a proprietary protein platform aimed at niche markets with unmet medical needs. For more information, visit www.insmed.com.

INSM News:

November 10 - Insmed Gains Royalty-Free Worldwide Rights for IPLEX in Connection with Potential Expanded Access ALS Programs

Insmed Inc. (Nasdaq: INSM), a developer of follow-on biologics and biopharmaceuticals, announced that Genentech, Ipsen/Tercica and Insmed jointly issued the following statement:

Genentech, Ipsen/Tercica, and Insmed have been contacted by people living with Amyotrophic Lateral Sclerosis (ALS) and their loved ones seeking access to an IGF-I/IGFBP3 product called IPLEX(TM), which is solely manufactured by Insmed. We understand the devastation a disease like ALS causes and that there are a lack of available therapies that provide meaningful clinical benefit.

Although IPLEX(TM) has not been rigorously tested in people with ALS, nor received regulatory approval for use in ALS, all the companies involved appreciate the urgency and desperation for new treatments in the ALS community. We are all working diligently to determine how best to respond to that need.

The availability of IPLEX(TM) is subject to a Court-Ordered Settlement Agreement. On November 8, 2008, Genentech and Ipsen/Tercica signed a letter of intent whereby they have consented to amend the Court-Ordered Settlement Agreement to permit Insmed to supply IPLEX(TM) in connection with named-patient ALS programs worldwide on a royalty-free basis. Insmed's ability to do so will be dependent on satisfying any regulatory requirements in any country where a request for treatment is made.

Ipsen/Tercica and Insmed also plan to enter into negotiations concerning the development of IPLEX(TM) for the treatment of ALS, subject to analyzing the data from the ALS patients in Italy who have received IPLEX(TM), and satisfying any applicable regulatory requirements.

These actions represent each company's commitment to find a solution to the requests coming from the community of patients and their families. Insmed will update the community as further progress is made.

ABOUT AMYOTROPHIC LATERAL SCLEROSIS

Amyotrophic Lateral Sclerosis (ALS), often referred to as Lou Gehrig's disease, is a progressive neurodegenerative disease that attacks nerve cells in the brain and spinal cord resulting in muscle weakness and atrophy. The life expectancy of an ALS patient averages about two to five years from the time of diagnosis. For more information about ALS, visit www.alsa.org.

ABOUT IPLEX

IPLEX(TM) is a complex of recombinant human insulin-like growth factor-I (rhIGF-I) and its predominant binding protein IGFBP-3 (rhIGFBP-3). The drug, approved in the United States in December 2005 for the treatment of children with growth failure due to severe primary IGF-I deficiency, is currently being investigated in ALS in Italy and in Myotonic Muscular Dystrophy.

ABOUT OTCPICKS.COM

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.

Release of Liability: Through use of this website viewing or using you agree to hold OTCPicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. OTCPicks.com has been compensated three thousand dollars by a third party (Blue Wave Advisors) for one week of UBRG advertising and promotional activities. OTCPicks.com has been compensated four thousand dollars by a third party (Blue Wave Advisors) for two weeks of RNNM advertising and promotional activities. OTCPicks.com was compensated five thousand dollars by a third party for PUDC advertising and promotional services. For a complete list of disclosures go to http://www.otcpicks.com/disclosure-details.htm. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCPicks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCPicks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. OTCPicks.com and its affiliates are not registered investment advisors or a broker dealers. OTCPicks.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor's sole risk. OTCPicks.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. OTCPicks.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through OTCPicks.com. OTCPicks.com owners may or may not hold positions in the companies that are profiled.

The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.

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CONTACT: Brian Dean, Publisher, OTCPicks.com e-mail: publisher@otcpicks.com Tel: +1 972 546 3740

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

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© 2009 The Connors Group, Inc.