For Thursday, September 2nd
BETM, KSQR, ELCR, NEON, YTBLA, AAVG
Our Stocks to Watch tomorrow include American Wagering Inc. (OTCBB: BETM), Kendall Square Research Inc. (OTC: KSQR), Electric Car Company Inc. (OTCBB: ELCR), Neonode Inc. (OTC: NEON), YTB International Inc. (OTCBB: YTBLA) and AvStar Aviation Group Inc. (OTC: AAVG).

AMERICAN WAGERING INCORPORATED (OTCBB: BETM) "Up 215.79% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/BETM.php
American Wagering, Inc. is a publicly-traded company that primarily operates through wholly-owned subsidiaries including Leroy's Horse & Sports Place, Inc. ("LEROY'S®"), Computerized Bookmaking Systems, Inc. ("CBS"), AWI Manufacturing, Inc. ("AWIM"), and AWI Gaming, Inc. ("AWIG"). LEROY'S® 'owns and operates over 58 race/sports book outlets in the state of Nevada, CBS is the dominant supplier of sports wagering hardware/software to the Nevada gaming industry, and AWIM is a Nevada Gaming Commission-licensed manufacturer/distributor and supplier of race/sports self-service wagering kiosks. AWIG is a subsidiary with the goal of becoming a market leader in operating smaller hotel/casino properties.
BETM News:
August 31 - American Wagering Launches Legal Sports Betting Application for BlackBerry® Users in Nevada
American Wagering, Inc. (OTCBB: BETM), the North American leader in sports wagering products, announced today that its wholly owned subsidiary, Leroy's Sportsbooks (LEROY'S), launches its mobile phone sports betting application, simply named the LEROY'S® APP©, and it will be available beginning this football season for Research In Motion (RIM) BlackBerry® users to legally bet on sports anywhere in the state of Nevada on their BlackBerry® mobile phones. The LEROY'S® APP© was developed with LEROY'S® sister company, Computerized Bookmaking Systems, Inc. (CBS), and with the help of BlackBerry's Sports division.
The Nevada Gaming Control Board recently approved the LEROY'S® APP©, and it is currently available to BlackBerry® users on Sprint, AT&T, and T-Mobile, with other wireless carriers coming soon.
"The company spent more than a year planning and developing the new application," according to John English, Senior Vice President and spokesperson of the product for Las Vegas-based American Wagering, Inc. "The Nevada Gaming Control Board scrutinized the project with a very thorough lab investigation, which helped us in setting the bar for our security features. We have developed the first mobile phone betting application to be approved in Nevada. We feel strongly that the application will change the way people bet on sports. Convenience is critical in today's society," says English.
"LEROY'S® APP© will offer the same array of sports bets including, straight bets, parlays, teasers, in game betting, contests, scores, and more," stated Vic Salerno, the company's Chief Executive Officer. "We plan to unveil new, state of the art technologies in the coming months such as applications for the iPhone®, Droid®, and Windows-based mobile phones. We also plan to add our race book and unique fantasy sports features. We are making sports betting simple and fun. Everyone has a mobile phone. With the LEROY'S® APP©, if you want to place a sports bet sitting at a poker table, go ahead. No need to check out any special equipment. You are not limited to where in the casino you can make your bet. Oh, you want to go home, go back to the office, or maybe you live in Reno, Lake Tahoe, Winnemucca, or Elko; no worries, you can make your bets there too. The LEROY'S® APP© goes with you on your BlackBerry®. That is the beauty of our product. It's real mobile wagering," added Salerno.
KENDALL SQUARE RESEARCH CORPORATION (OTC: KSQR) "Up 142.86% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/KSQR.php
Kendall Square Research, Inc. (KSQR) is a Holding Company with targeted acquisitions in specialty equipment for residential home customers and green energy products. Luxury Kitchens Hoods LLC is the first acquisition. The second division of Kendall, High Efficiency Lighting, is a player in the commercial lighting industry with their product capability of reducing lighting energy by 50% in the nation's highways, roadways, city streets, parking lots, building lights etc.
KSQR News:
August 30 - Kendall Square Research, Inc. Announces a Financing Agreement has Been Signed for the Company
Kendall Square Research, Inc. (OTC: KSQR) announces the signing of a loan agreement to fund the expansion of the Company's two divisions – Luxury Hoods and High Efficiency Commercial Lighting. The finance program would be through a line of credit up to $4,000,000 from a local bank or financial institution arranged for and secured by the finance source, without any Company stock involved in the loan agreement.
Management stated, "We are pleased to have this finance source working with us to fund the expansion of our two divisions as well as seek other green energy company acquisitions. With the present economy conditions, this finance partnership is a major accomplishment by the Company."
It is projected that the funding through the line of credit would begin within 45 days. The line of credit can be increased if needed as our expansion and acquisition plans materialize.
ELECTRIC CAR COMPANY INCORPORATED (OTCBB: ELCR) "Up 50.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/ELCR.php
Electric Car Company, Inc. is a vehicle conversion company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The company brings together businesses specializing in customizing vehicles and powertrains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to "Pure Electric" cars, liquid propane conversions, limousines & other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations. The Company fully expects to have the first zero emissions, "Pure Electric" livery vehicle ready to unveil by second quarter of 2010. The long-term strategy is to offer and expand the company's line of products that will revolutionize the specialty automotive vehicle market. Electric Car Company's wholly owned subsidiary, Imperial Coach Works, Inc. and its custom manufacturing division, Imperial Coach Builders, Inc., is a limousine and specialty vehicle manufacturing entity that operates out of a 60,000-square foot facility in Springfield, MO.
ELCR News:
August 17 - Electric Car Company, Inc. Executes Definitive Agreement With Liberty Electric Cars, USA LLC
Both Companies Will Form New Nevada Corporation to Manufacture Luxury High Performance Pure Electric Vehicles Using Patented Technologies
Electric Car Company, Inc. (OTCBB: ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery, Fleet and Private Specialty Markets, today announces that it has executed the Definitive Agreement with Liberty Electric Cars, USA LLC. Under the terms of the Agreement, both Companies have agreed to a 50/50 ownership and joint venture that will operate under a newly formed Nevada Corporation named Liberty Electric Car, Inc. The Agreement will combine the respective expertise of the two Companies in the production of high performance zero emission luxury Pure Electric vehicles.
Pursuant to a recent announcement by the Company dated June 10th of this year, the joint venture will focus initially on the conversion of large luxury 4X4 vehicles like the Range Rover* and the Lincoln MKZ custom limousines using Liberty's groundbreaking proprietary electric power train technology. This proprietary electric power system uses four on-board motors (one for each wheel) and incorporates a state-of-the art energy storage system. This provides a performance ability of 0-60 mph in less than 7 seconds with a top speed of 100mph and a travel range of 200 miles on a 6-hour charge. Until now, this has never been achieved in the large luxury vehicle sector.
The manufacturing of the vehicles will be based at the Electric Car Company's conversion center in Springfield, Missouri. The new Company's plan will be to rollout and establish further conversion centers across the United States on a franchise or company-owned basis.
Liberty Electric Cars has completed extensive testing to prove for the first time a new and unique world-beating technology is set to fundamentally revolutionise the vehicle sector. The testing which took place in June 2010, put a Liberty-converted Range Rover* through its paces to demonstrate the abilities of the technology. The result is proof that the company has created a large, luxury vehicle that is 100 percent zero emission yet performs as well as, and in some cases even better, than any combustion-engine equivalent available on the market today. The new technology can also allow for wireless charging, another world-first, where the car is simply parked over an induction plate and charges automatically without the need for plugs or power leads.
*Liberty Electric Cars is not related to, or endorsed by, Land Rover PLC.
Mr. Gary Spaniak, CEO of Electric Car Company, Inc., states, "We are pleased with the response from our customer base that has expressed extreme interest in a high performance luxury 4X4 and livery vehicle." Mr. Spaniak continues by saying, "We look forward to working with Liberty to provide this kind of first to the market vehicle."
ABOUT LIBERTY ELECTRIC CARS
Liberty Electric Cars, www.liberty-ecars.com, is a clean technology company based in Oxford, UK, and with offices in Chicago USA. The Company has invested in the re-engineering of existing large, luxury vehicles (new or used). Their teams of highly skilled engineers have applied their significant expertise in automotive and electric power train technologies to develop a unique and patented Pure Electric propulsion system for SUVs, MPVs and 4x4s. The technology enables Liberty to convert large 4x4s and similar vehicles so that they are zero-emission yet still provide outstanding performance. Liberty Electric Cars aims to become the global leader for the profitable exploitation of innovative electric drive trains for light-duty trucks (LDTs) based on clean technologies, creating cars that are zero emission, reduce noise pollution and provide high performance, quality and reliability.
NEONODE INCORPORATED (OTC: NEON) "Up 55.32% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/NEON.php
Neonode Inc is a world leading company specialized in optical finger-based touch screen technology. The company develops and licenses its patented touch screen technologies, zForce™ and neno™ to third parties. Neonode’s mission is to enhance user experience related to any consumer or industrial device that can benefit from a finger based touch screen solution. Neonode Inc. is a publicly traded company with offices in Stockholm, Sweden and San Ramon, California, USA.
NEON News:
September 1 - Neonode´s Touch Screen Technology, zForce™, in New Sony Readers
Neonode Inc. (OTC: NEON), the leading provider of optical touch screen solutions for hand-held and small to midsize devices, announced that Sony has launched its new product line of Sony Readers, which uses Neonode´s optical touch screen technology that has been customized for Sony.
Neonode’s patented touch screen technology, zForce™, supports high resolution pen writing in combination with market leading finger navigation including gestures, multi-touch, sweeps and much more. zForce™ uses no overlay (like resistive and capacitive touch screens) on top of the e-ink display thus creating a 100% clear window free from reflexes and parallax effects and produces a true paper like experience.
“We are very pleased to announce the most recent successful deployment of our zForce™ touch screen solution,” said Thomas Eriksson, CEO of Neonode Technologies AB. “Our zForce™ touch screen with fast, accurate, low power and high resolution pen support in combination with full finger support will greatly improve the user and reader experience.”
Neonode offers touch solutions that are more cost effective than any other high performance touch solution in the market today. zForce™ incorporates the functionality and performance features of traditional touch solutions like resistive and capacitive. zForce™ supports high resolution pen input, multi-finger touch, gestures like zooming combined with superior picture quality. zForce™ also reduces the power consumption for low power devices creating long standby/operation time. zForce™ is currently being integrated into several products such as mobile phones, mobile internet devices, e-books, digital picture frames and tablet PC’s.
YTB INTERNATIONAL INCORPORTATED (OTC: YTBLA) "Up 41.67% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/YTBLA.php
YTB International, Inc., through its subsidiaries, offers proprietary reservation systems for the travel and entertainment industry in the United States and internationally. It also operates as a full-service provider of discount travel products and services to the leisure and small business travelers. The company offers licenses for online travel agencies; and licenses and services its referring travel agents (RTAs), as well as provides online booking systems, fulfills travel orders, and pays travel commissions. In addition, it operates as a franchisor of travel agencies. The company provides its services through various trade names, YourTravelBiz.com, YourTravelBiz, YTBnet.com, YTB Travel and Cruises, Travel Network, Global Travel Network, Travel Network Vacation Central, and YTB.com, as well as through its Web sites, Bookmytravel.com and REZconnect.com. As of December 31, 2006, it operated approximately 59,800 RTA travel store Websites. YTB International is headquartered in Wood River, Illinois.
YTBLA News:
August 12 - YTB International Announces Financial Results for Quarter Ended June 30, 2010
YTB International, Inc. (OTCBB: YTBLA) ("YTB" or the "Company"), a provider of e-commerce business solutions for individual consumers and home-based independent representatives in the United States, Puerto Rico, Bermuda, the Bahamas, the U.S. Virgin Islands, and Canada, announced its financial results for the quarter ended June 30, 2010.
Total revenue for the second quarter of 2010 was $8.8 million, compared to $18.0 million for the second quarter of 2009. Net loss for the quarter ended June 30, 2010 was ($0.5) million, or ($0.00) per diluted share, compared to a net loss of ($1.6) million, or ($0.02) per diluted share, for the same period of 2009.
The company reduced its net loss for the six months ended June 30, 2010 by $2.6 million to ($0.9) million, or ($0.01) per diluted share, compared to a net loss of ($3.5) million, or ($0.03) per diluted share, for the same period of 2009. For the six months ended June 30, 2010, the Company had net cash flow from operating activities of $0.5 million, compared to net cash used in operating activities of ($1.0) million for the same period of 2009. As of June 30, 2010, the Company had cash and cash equivalents of $1.8 million. In addition, commissions paid per Travel Store Owner and Business Owner during the six months ended June 30, 2010 were up approximately 55% compared to the same period of 2009.
Robert M. Van Patten, YTB Chief Executive Officer commented, "We are hopeful that the worst of the economic turbulence is behind us and I remain cautiously optimistic that as consumer confidence returns, the Company will be able to turn the corner in the near future and have an improved second half in 2010. The new marketing initiatives and expanded product offerings we have introduced are truly a value, and I believe our Independent Marketing Representatives and Business Owners have been quite impressed with the diversified line of products available under our growing platform. The Company is continuously striving to strengthen the balance sheet while building our core assets and increasing our capital reserves."
J. Scott Tomer, Chairman of YTB added, "As promised, we have solidified the ZamZuu Distribution Systems with numerous new, value-driven, high commissionable products and plan to unveil several additional blockbuster products at the upcoming National Convention. We are extremely pleased with the enhancements we have made to our product line as well as the additional earnings opportunities for the Independent Marketing Representatives and Business Owners. I am as confident as ever in the direction the Company is heading and look forward to a successful Convention."
AVSTAR AVIATION GROUP INCORPORATED (OTC: AAVG) "Up 31.10% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/AAVG.php
AVSTAR Aviation Group, Inc. ("AVSTAR ") has a main focus on acquiring, consolidating, and growing businesses in the aviation industry. Also, the company is focusing on acquiring and/or developing companies that provide products and services for the general aviation service business.
AAVG News:
September 1 - In Anticipation of Expansion and Revenue Increase, AvStar Aviation Expands Management to Include Local Expert, Kenneth Langston
AvStar Aviation (OTC: AAVG) announced that new positions have been created and one has been filled with local expert Kenneth Langston. Mr. Langston, newly appointed Advisor on Bahamas Marketing Strategies, has been promoted to act as an expert and consultant to AvStar. Mr. Langston owned and operated a charter operation servicing the unique destinations AvStar Aviation currently provides. "Ken will give myself and the Board of Avstar 'hands on' advice and feedback on one of Twin Air Calypso Limited, Inc.'s major markets," said Clayton Gamber, CEO of Avstar.
Kenneth Langston, a long time dentist, residing in Pompano Beach, Florida, began family travel to the Bahamas in the mid-1970s. As a Bahamian homeowner, avid boater, fisherman, and diver, Ken has a unique understanding of the passenger and freight needs of the Bahamas "family islands." Ken started Calypso Air in 2004, which merged with Twin Air in 2005. The merger gave Twin Air a major presence in the Abaco market. Earlier this year AvStar Aviation Group acquired Twin Air Calypso.
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