For Wednesday, January
9th
BOLV, QMCI,
BSGC, RHGP, MNDP
VMHIF, AVSR, WMAN, UHCR, IAHL, LLEG, AWYI, CPNE
Our Stocks to Watch today include
Bolivar Mining Corporation (OTC: BOLV), QuoteMedia, Inc. (OTCBB:
QMCI), BigString Corporation (OTCBB: BSGC), Renhuang Pharmaceuticals,
Inc. (OTCBB: RHGP), Mindpix Corporation (OTC: MNDP), Virtual Media
Holdings Inc. (OTCBB: VMHIF), Avistar Communications Corporation
(NASD: AVSR), Wellman, Inc. (OTC: WMAN), Ulysses Holding Corp.
(OTC: UHCR), IAHL Corporation (OTC: IAHL), Laidlaw Energy Group,
Inc. (OTC: LLEG), Ariel Way (OTCBB: AWYI) and Commerce Planet,
Inc. (OTCBB: CPNE).

FEATURED COMPANY

BOLIVAR MINING CORPORATION
(OTC: BOLV)
"Up 21.43% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/BOLV.php
Company
Profile:
http://www.otcpicks.com/bolivar-mining/bolivar-mining.htm
Company Overview
Bolivar Mining Corp, (BOLV or BMC) is a
metals mining and exploration company engaged in global mining projects
in over seven countries on three continents. By implementing efficient
operations and engineering excellence, BMC will have opportunities to
operate in areas where larger mining companies cannot operate profitably
or have overlooked, thus allowing access to bring rich mineral reserves
to the global market.
In a world beginning to starve for
natural resources, Bolivar Mining Corporation (BMC) provides those mineral
resources by exploring for and developing needed industrial and strategic
mineral deposits that the larger companies cannot economically develop,
due to their size and costs of operations. BMC currently has the mining
rights to a number of industrial and strategic mineral deposits located
on three continents and in over seven countries.

Projects
Canada - Several
projects are being evaluated for their metals potential and or are in
the process of negotiating for the rights to mine gold, silver, and platinum
group metals.
Ecuador - BMC
is reviewing materials to begin exploration of a significant Carnotite
deposit which will yield uranium and vanadium metal.
Peru - This
country currently has the largest number of mining projects under evaluation,
with a total of eight, ranging in metals from gold, silver and platinum
to the uraninite group minerals.
Chile - BMC
is in the process of developing an exploration program for several high-grade
metal ores prospects.
Afganistan - BMC
is exploring the opportunity to acquire several significant, high-grade
iron ore deposits.
Pakistan - BMC
is currently evaluating two high-grade metal ore deposits located in Pakistan.
One is a high potential chromium deposit and the other is a high-grade
iron ore deposit.
China - BMC
is negotiating a joint-venture with our Chinese partner to develop gold
and silver deposits.
BOLV News:
January 9
- Bolivar Mining Corp adds Chief Mineralogist
and Geologist Officer
Bolivar Mining Corp. (OTC: BOLV) announces that Dr.
Robert B. Cook, Jr. has joined the BMC Group as their Chief Mineralogist
and Geological Officer. "Dr. Cook is an esteemed Mineralogist and
Geologist," says Arshad Shah, BMC's CEO and President, "He will
play a significant role as BMC matures its international mineral exploration
program."
Michael M. Ellis, Bolivar's Chief Engineering, Exploration
and Mining Officer adds, "Dr. Cook is a legend in the field of mineralogy
and geology. He is a milestone in BMC's quest to develop a world class
geotechnical team. I am thrilled to have a talent such as Dr. Cook join
our team."
In his new role, Dr. Cook will locate and evaluate mining
opportunities, assess reserves and establish procedures for such assessment,
provide advisement on mining activities by Bolivar or its subcontractors,
and assist in the preparation of project reports in the event mining leases
are sold to third parties.
Professor Robert B. Cook, Jr. is an internationally
renowned Registered Professional Geologist and Mineralogist, with close
to half a century of experience as an exploration geologist and mining
engineer. He has authored or co-authored over 220 professional papers
and articles with another 119 unpublished professional papers written
for major mining and exploration companies. Dr. Cook's list of clients
reads as a who's who in the field of mining and metals exploration. He
is now a Professor Emeritus at the Department of Geology and Geography,
Auburn University where he had been Chair for twenty-two years. In 1966
Dr. Cook received his E.M. in Mining Engineering from the Colorado School
of Mines, his M.S. in Geology from the University of Georgia in 1968 and
his Ph.D. in Geology in 1971 from the University of Georgia. Dr. Cook's
major positions held; his significant honors and awards; his grants, contracts
and proposals; professional societies; and his service to the profession
are legendary, and far too numerous to list here.
FEATURED COMPANY

QUOTEMEDIA
INC. (OTCBB: QMCI)
Detailed Quote:
http://www.otcpicks.com/quotes/QMCI.php
Company Profile:
http://www.otcpicks.com/quotemedia/quotemedia.htm
QuoteMedia, Inc. is a leading software
developer and provider of real-time streaming financial market information,
decision-support, news and research solutions to brokerage, financial
services companies, business and media corporations. Among its many leading-edge
products lines, the Company offers data feeds, news, dynamic market content
solutions, interactive stock research tools, financial applications and
real-time wireless applications. QuoteMedia provides data and services
for companies such as the NASDAQ, the OTCBB, Dow Jones & Company,
Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal
Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark,
Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment
Research, Automated Financial Systems, WallStreet*E, and others. For more
information, visit www.quotemedia.com.
QMCI News:
December
5 - QuoteMedia
Brings Respected Market Data Industry Veteran Onboard; Opens NYC Office
QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of
market data, corporate research information and financial applications,
announced today the appointment of Mr. George Katsch as Corporate Sales
Director, to lead the company’s new office in New York City.
Mr. Katsch brings more than 15 years of experience in
selling and supporting financial information and technology solutions
to the Brokerage, Financial Service, Media Publishing and Investor Relations
industries. Most recently, Mr. Katsch served as Vice President of Sales
for FinancialContent, Inc., where he was responsible for business development
and sales for the entire North American market. Mr. Katsch has also held
key management positions with Standard and Poor’s and Interactive
Data Corporation (Comstock), where he managed senior account representatives
and support staff. He was principally responsible for maintaining over
$50 million in revenues and generating new sales.
“George is very well-known as a successful, skilled
professional in our industry, and we’re excited that he is joining
the QuoteMedia sales team, heading up our New York office,” said
Dave Shworan, CEO of QuoteMedia Ltd. “He brings a wealth of experience
to our company, and skill sets that make him an immediately great fit
with QuoteMedia, as we continue our explosive growth.”
“From within the industry, I’ve watched
QuoteMedia’s remarkable growth over the past few years. I have been
very impressed with QuoteMedia’s emergence as a major player in
the financial data industry, and the potential for further growth is extraordinary,”
said Mr. Katsch. “QuoteMedia is definitely going places, and I’m
excited to be a part of it.”
FEATURED COMPANY

BIGSTRING
CORPORATION (OTCBB: BSGC)
Detailed Quote:
http://www.otcpicks.com/quotes/BSGC.php
Company
Profile: http://www.otcpicks.com/bigstring/bigstring.htm
BigString Corporation, through its subsidiary,
BigString Interactive, Inc., provides email services. It offers BigString,
which is a Web-based, POP3 server email service solution that allows the
user to edit, recall, cancel, and erase the email, as well as insert or
delete attachments, even after the email has been sent out and opened.
The company also provides BigString Beta 2.0 that offers erasable, recallable,
and self destroying applications, non-printable and non-forwardable emails,
set time or number of views, and masquerading to protect the sender's
privacy and security. BigString Beta 2.0 also provides spam filters, virus
protection, and large-storage web-based email accounts. The company's
products include BigString Free, which provides the features of BigString
Beta 2.0, and includes 1GB of storage and permits the user to send unlimited
emails per month; BigString Premium, which offers the features of the
BigString Free account, plus vanity domains, POP3 access using any email
client, 2GB of storage, and 30 minute video email; and BigString Business
that offers the features of the BigString Premium account, plus 10 email
accounts, 20GB of storage, global filter notification, and email management.
BigString Corporation also offers BigString Marketer Pro, which provides
an enterprise marketing software application which allows for the sending
of interactive video email commercials that can be programmed to self-destruct
at a set time; and BigString Marketer SMB, a hosted video email marketing
platform for small and medium size businesses. The company was founded
in 2003. It was formerly known as Recall Mail Corporation and changed
its name to BigString Corporation in 2005. Bigstring Corporation is based
in Red Bank, New Jersey.
BSGC News:
December
18 - BigString
Corporation Launches Facebook Application Enabling Users to Send Self-Destructing
Videos
BigString Corporation (OTCBB: BSGC) has launched an
application for Facebook that enables users to record or upload videos
that can be programmed to self-destruct at a specific time or after a
set number of views. This is part of a new BigString initiative to develop
social networking messaging applications built around the company's core
technology.
The video application will allow users to send private
self-destructing video messages or to post public video messages to the
recipient’s wall. Users can record a video message directly to the
application or upload a pre-existing message.
Darin Myman, President and CEO of BigString Corporation,
noted that "Video message privacy and security is very important
in a world where you can very easily find your personal videos being put
up without your permission on sites such as YouTube. Social networks such
as Facebook interface well with BigString’s proprietary messaging
technology. We provide added value to websites focused on social networking,
online dating or user-generated content where protecting a user’s
privacy is a major consideration."
FEATURED COMPANY

RENHUANG PHARMACEUTICALS
(OTCBB: RHGP)
Detailed
Quote: http://www.otcpicks.com/quotes/RHGP.php
Company Profile:
http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm
Renhuang Pharmaceuticals, located in Harbin
of Heilongjiang Province in Northeast China, is a leading integrated developer,
manufacturer and distributor of a broad line of high-quality nutraceutical,
natural medicinal and bio-pharmaceutical products. The Company provides
three major product lines including the Acanthopanax-based natural medicinal
products, Shark Power Health Care series and Traditional Chinese Medicines.
Renhuang's key product line is Acanthopanax-based products, an effective
natural medicine in treating depression and melancholy and offering various
other health benefits. By controlling an estimated 70% of China's natural
resource of Acanthopanax (also known as Siberian Ginseng), the Company
has a dominant market position in Acanthopanax-based natural medicines.
The Company distributes its products through a multi-layer sales network
of over 2000 sales agents. Its products are not only sold nationwide but
also exported to Russia and Southeast Asia. Renhuang has established a
multi-channel research and development infrastructure composed of in-house
researchers, a post-doctoral working center, and collaboration with well
known institutions and scientists. In manufacturing, the Company strictly
follows the international GMP certified quality standards and system by
utilizing cutting-edge technologies, the state of the art equipment, and
the proprietary innovative and award winning processes. For more information
about Renhuang Pharmaceuticals, visit www.renhuang.com.
RHGP News:
December
17 -
StockGuru Announces a New Executive Interview With Mr. Li Shaoming of
Renhuang Pharmaceuticals
John Pentony, Publisher of Stockguru.com announced that
the company has posted a new podcast interview featuring Renhuang Pharmaceuticals,
Inc. (OTCBB: RHGP). Pentony interviews Mr. Li Shaoming, CEO and Chairman
of the Board, for Renhuang Pharmaceuticals. In the interview Mr. Li discusses
the company and its recent news from the company including its recently
announced Olympic year prime time television ad space on China Central
Television (also known as "CCTV").
To listen to the interview, visit www.stockguru.com/podcasts/?p=21.
FEATURED COMPANY

MINDPIX CORPORATION (OTC:
MNDP)
Detailed
Quote: http://www.otcpicks.com/quotes/MNDP.php
Company
Profile: http://www.otcpicks.com/mindpix/mindpix.htm
Mindpix is positioned as a powerful and positive media
group of companies. Ultraflex Fitness, UltraFlex Medical, Mindpix Production,
and Mindpix Development are all actively engaged in “for profit”
productions or projects.
UltraFlex Fitness: Developing and marketing the patent
pending UltraFelx Fitness Rod. UltraFlex Fitness promotes a new style
of resistance training called Target Perfect Resistance.
UltraFlex Medical: UltraFlex Medical is poised to make
significant inroads to the $11 Billion US outpatient rehabilitation market.
Ultraflex medical is already working with rehab industry professionals
to create unique and proprietary physical therapy curriculum.
Mindpix Production: Mindpix continues to produce, direct,
and provide post-production services for promising documentaries and other
niche profitable projects.
MNDP News:
December
31 - Mindpix Management
2007 Year-End Letter to Shareholders
Management of Mindpix (OTCBB: MNDP) has determined it
necessary to give a 2007 year-end update on the progress of the UltraFlex
fitness device as well as make our shareholders aware of recent material
decisions regarding previously announced press releases.
Looking back at the
year in review Mindpix has reached many important UltraFlex milestones
including completing a successful twelve-week UltraFlex fitness and
weight loss study, producing workout DVDs, production of a "man
on the street" featuring first-time users, signed the 2007 Female
Presenter of the Year Forbes Riley, introducing TheraFlex to the Physical
Therapy and Training to Physiotherapy Associates, acquiring testimonials
from fitness instructors and personal trainers, a physical therapy training
DVD, signing a major celebrity, introducing new physical therapy and
active senior products (TheraFlex) to name a few. It has been quite
a year and the outlook for 2008 looks equally promising.
Mindpix has decided for strategic reasons not
to air UltraFlex commercials in conjunction with Supplements To Go Ms.
Fitness World Pageant. Mindpix had previously announced (Nov 19th 2007)
that it intended to air two sixty-second commercials during the pageant
broadcast on Fox Sport News beginning January 1, 2008. It was determined
that airing the commercials prior to our infomercial national launch
would not make good marketing sense particularly due to the fact that
our celebrity talent would not be featured in the commercials. Mindpix
holds the option to air commercials beginning in May 2008 during the
Supplements To Go Ms. Fitness USA Pageant.
Mindpix management also has cancelled the exhibition
at the annual Baseball Team Medicine Conference in St. Louis on January
3-5, 2008. A scheduling conflict made it impossible for our medical
division team to attend.
Management believes that the marketing strategy
in place is sound and looks forward to executing the business plan with
profitable results for 2008. Mindpix has benefited from loyal shareholders
who have taken the time to review our progress and communicated with
us ways in which they can assist us in reaching our business goals.
Mindpix wishes each of you a happy and prosperous
new year.
David R. Ballif, CEO
Mindpix Corporation
STOCKS TO
WATCH
VIRTUAL
MEDIA HOLDINGS (OTCBB: VMHIF)
"Up 18.75% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/VMHIF.php
Virtual Media Holdings Inc started as
a reseller of VHS and DVD movies. As the Canadian dollar increased in
value versus the USA dollar and the margin shrunk on DVD’s we had
to revisit our business strategy and change to a business model that would
provide the flexibility and ability to adapt to new sales methods as we
developed them. Management has identified numerous eMarketplace projects
that will be introduced in the near future, these products we expect will
add tremendously to our bottom line. Our priorities will be to continue
to add new product lines and services turning us into a true Advanced
eMarketplace Systems company. Current outstanding shares 96,502,717 as
of June 20, 2007.
VMHIF News:
January
9 - Virtual Media
Holdings and Cortection Products Ltd. Sign Letter of Intent
Jim Carroll, Chief Executive Officer of Virtual Media
Holdings Inc. (OTCBB: VMHIF), announced that a Memorandum of Understanding
(MOU) has been signed with Cortection Products Ltd. The MOU calls for
both companies to complete their due diligence and finalize an agreement
to merge by February 28, 2008.
Cortection Products Ltd. is a Canadian company committed to the research,
development and design of garments, supports and braces that enhance athletic
performance and contribute to improve overall quality of life for all
ages and lifestyles. Ten years of research led to the development of CORESHORTS(TM),
an anatomically correct compression short for support of the pelvis, groin
and hip areas. CORESHORTS(TM) innovative-patented design has created a
new industry standard and is rapidly becoming an essential component of
both recreational and professional athletic equipment.
CORESHORTS(TM) is currently being used by professional
athletes on every National Hockey League team, seventeen National Football
teams, eight National Basketball Association teams, sixteen Major League
Baseball teams, six Canadian Football League teams, four Major League
Soccer teams, as well as over 175 Universities and Colleges.
The professional athlete and supporting medical community
have embraced the new technology and recognize the superior benefits that
CORESHORTS(TM) provide in injury prevention, recovery and performance
enhancement.
Upon completion of the merger an application will
be filed to change the Company's name to Cortection.
AVISTAR
COMMUNICATIONS CORPORATION (NASD: AVSR)
"Up 13.17% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/AVSR.php
Avistar Communications Corporation develops,
markets, and supports a suite of vBusiness video-enabled eBusiness applications
in the United States, Europe, and Asia. The company offers networked video
communications software and hardware products and services. Its products
include applications for interactive video calling, content creation and
publishing, broadcast video, and video-on-demand, as well as data sharing,
directory services, and network management. Avistar Communications also
provides various services for installation, design, and adoption of its
video communications products. The company, through its subsidiary, Collaboration
Properties, Inc., engages in the prosecution, maintenance, support, and
licensing of the intellectual property that company develops. In addition,
it provides software development, consulting, implementation, training,
maintenance, and support services. Further, the company licenses its technology
and patents to companies in the video conferencing market. Avistar Communications
sells its system directly to enterprises primarily in the financial services
industry. The company was founded in 1993. It was formerly known as Avistar
Systems Corporation and changed its name to Avistar Communications Corporation
in 2000. The company is headquartered in Redwood Shores, California.
AVSR News:
January
7 - Leucadia National
Leads $7 Million Investment in Avistar
Company Insiders Invest $3 Million of Total to
Fund Growth
Avistar Communications Corporation (NASD: AVSR), a provider
of video-enabled unified communications solutions, announced that it concluded
a financing round on January 4, 2008 of $7 million of convertible debt,
led by Leucadia National Corporation (NYSE: LUK). Five of Avistar’s
seven Directors, including its new CEO and its Chairman, were among the
other investors who contributed $3 million of the total. Raising working
capital to fund implementation of its new “go-to-market” strategies
is a central element of Avistar’s turnaround strategy, as described
by the company in a press release dated November 8, 2007.
“Avistar’s management is pleased to begin
an association with Leucadia, which shares our confidence in the growth
opportunities for our business. We believe the investment by Leucadia
and a number of members of the Board and management is a strong validation
of our new strategic initiatives, the significant structural changes that
are now beginning to gain traction, recognition of the progress made by
the new management team in a very short period of time, and the long-term
earning potential of our intellectual property and product portfolio,”
said Simon Moss, Avistar’s new CEO. “Leucadia’s investment
track record, as evidenced by its 33% compounded annual growth rate in
share price from 1978-2006, speaks volumes about its ability to identify
successful long term investments that others miss. I believe Avistar will
benefit greatly from its association with Leucadia and look forward to
a successful and robust relationship.”
The notes are convertible into Avistar common stock
after the first anniversary, and carry a 4.5% interest rate. The notes
purchased by the investors have a conversion price of $.70 and a two year
term. Avistar’s common shares closed at $.38 on Nasdaq’s Capital
Market on Friday, January 4, 2008.
“Avistar has had a consistent annual growth rate
in revenue and income from our licensing activities of greater than 40%
over the last several years, owing to a sizable and highly monetize-able
patent portfolio and field-tested product portfolio”, said Robert
Habig, Avistar’s CFO. “We believe we are effectively positioned
in terms of business strategy, existing clients demonstrating the value-added
benefits and scalability of our products, and our technology portfolio,
to address opportunities created by an accelerating unified communications
market.”
ABOUT LEUCADIA NATIONAL CORPORATION
Leucadia National Corporation
is a diversified holding company engaged in a variety of businesses, including
manufacturing, telecommunications, property management services, gaming
entertainment, real estate activities, medical product development and
winery operations. The company concentrates on return on investment and
cash flow to maximize long-term shareholder value. Leucadia National Corporation
(LUK) is publicly traded on the New York Stock Exchange.
WELLMAN
INCORPORATED (OTC: WMAN)
"Up 36.84% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/WMAN.php
Wellman, Inc. manufactures and markets
polyethylene terephthalate (PET) resins and polyester staple fibers. It
operates in two segments, Chemical-Based and Recycled-Based. The Chemical-Based
segment offers PermaClear, PermaClear HP, and Thermaclear Ti solid-stated
PET resin from chemical-based raw materials for use in the manufacture
of plastic beverage bottles and other food packaging; and Fortrel chemical-based
polyester staple fiber for use in non-woven, home furnishing, and industrial
products. The Recycled-Based segment provides Wellamid and Wellamid Ecolon
recycled-based nylon engineering resin in the United States for use in
the injection molding industry. The company operates primarily in the
United States, Ireland, and the Netherlands. Wellman was founded in 1927
and is based in Fort Mill, South Carolina.
WMAN News:
January
8 - Wellman Appoints
Chief Operating Officer
Wellman, Inc. (OTC: WMAN) announced the promotion of
Mark Ruday to Chief Operating Officer reporting to Tom Duff, Wellman’s
Chief Executive Officer and Chairman of the Board of Wellman, Inc. Mr.
Duff stated, “Mark has provided important leadership and this promotion
formalized the role he was performing. His leadership will help maintain
our focus on business operations while exploring strategic alternatives
for the Company. We expect that he will continue to add significant value
to the Company in his new position.”
Reporting to Mr. Ruday will be Steve Ates, Vice President
of Sales and Marketing, Ian Shaw, Vice President of Manufacturing and
Research & Development, and Barry Taylor, Vice President of Human
Resources and Safety, Health, and Environmental.
Mr. Ruday has held various operations and accounting
positions in the Company, including his current position of Vice President,
Business Operations and prior to that as Vice President, Controller and
Chief Accounting Officer. He is a graduate of Brown University with a
dual degree in Economics and Organizational Behavior & Management
and received a Masters Degree in Accounting from Bryant College.
ULYSSES
HOLDING CORPORATION (OTC: UHCR)
"Up 41.67% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/UHCR.php
Ulysses Holding Corp. is a start-up retail
optical holding company with an aggressive plan towards rapid expansion
and revenue growth within the next 12 months. The company will focus only
on profitable outlets with average or better industry margins. Currently,
UHCR has 2,000,000 preferred shares and 4,148,462 common shares outstanding
in the public float.
UHCR News:
January
9 - Ulysses Holding
Corp. Enters Two New Long Term Lease Agreements to Establish Two New Optical
Centers in Major Markets
Ulysses Holding Corp. (OTC: UHCR) announced that it
has negotiated two new lease agreements in major markets to establish
and build out two new retail optical centers.
The company has entered into two long term lease agreements
to establish and build out two new retail outlets under its Westtown Optical
Brand, the first location will be in New Jersey and the second location
will be in the Metropolitan New York Area.
The company will build out its New York Metropolitan
outlet as a flagship optical superstore, thus creating name recognition
for its other outlets going forward.
The company will fund this activity via its established
line of credit, with no dilution in equity to its shareholders.
"We are very focused on achieving our previously
stated goals of growth of 12 to 15 outlets within the first year of business
and these leases are a great start towards those goals. We will continue
to find the best opportunities in the multi-billion dollar vision industry
and capitalize on them as we strive towards our objective," said
Clayton Young President & CEO.
IAHL
CORPORATION (OTC: IAHL)
"Up 38.24% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/IAHL.php
The company holds major proprietary and
technological patents for certain aircraft that, once implemented, will
astound the aircraft industry; the target market of the company is the
under-served rural areas of the world. The company's current share structure
is as follows: authorized Shares (70,000,000), preferred shares (20,000,000),
common shares (50,000,000), current common shares outstanding (7,300,000).
The company does not intend to change the capital structure of the company
in any fashion, except the possible reduction of authorized common shares
to better reflect and bolster the true value of the company, its assets
and business operations.
IAHL News:
January
9 - IAHL Corporation
Updates Its Acquisition Announcement of the Aircraft Manufacturer Contract
— It Will Now Include Real Estate Owned
IAHL Corporation (OTC: IAHL) announced that it has reviewed
its contract and it includes the acquisition of the real estate owned
by the airline manufacturer.
The company, besides acquiring the aircraft manufacturer,
will also acquire the buildings and land associated with the company.
This will be a separate deal requiring bank approval; IAHL is confident
that approvals will be received.
The property includes access to a landing strip
with a full-time control tower staff and other assorted amenities conducive
to the aircraft industry.
LAIDLAW
ENERGY GROUP (OTC: LLEG)
"Up 27.27% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/LLEG.php
Laidlaw Energy Group (LLEG) is engaged
in the development of independent power plants that generate electricity
from renewable resources. LLEG's mission is to build and manage a profitable
portfolio of renewable energy facilities through the development of new
facilities and acquisition of existing facilities. LLEG is headquartered
in New York, New York. For more information on LLEG, please visit our
website at www.NYENRG.com.
LLEG News:
January 9 -
Laidlaw Energy Files $10 Million Federal Lawsuit Against Town of Ellicottville,
NY; Seeks Judgment to Operate Cogeneration Facility
Laidlaw Energy & Environmental, Inc., an affiliate
of Laidlaw Energy Group, Inc. (OTC: LLEG) announced today that it has
filed a lawsuit against the Town of Ellicottville, New York, with the
U.S. District Court for the Western District of New York. The lawsuit
seeks, among other relief, $10 million in monetary damages, a declaratory
judgment that Laidlaw is entitled to continue operating its Ellicottville
cogeneration facility, an order declaring the Town’s denial of Laidlaw’s
application for a Modified Site Plan Approval is unconstitutional and/or
otherwise illegal and void, and directing the Town to approve said application,
and an award of Laidlaw’s attorney’s fees and other costs
incurred in prosecuting the lawsuit.
As detailed in the complaint, among other things, Laidlaw
alleges that the town has violated Laidlaw’s due process rights
by rendering an arbitrary and capricious decision on its permit application
and has also deprived Laidlaw of its Constitutional Equal Protection rights
as a result of the town’s improper and selective actions toward
it.
The lawsuit comes after a more than three year process
before the town where Laidlaw sought approval to modify the site plan
for its cogeneration facility in order to modify the fuel source of its
plant from natural gas to clean wood biomass. Laidlaw has received all
necessary approvals from the state and Federal government to operate the
facility, which is on an industrially zoned site next to other industrial
businesses, and has existed at its current location and operated since
1991.
A copy of the complaint can be viewed on Laidlaw’s
web site at www.GreenEnergyFacts.com.
The Laidlaw Energy Ellicottville, NY facility
is an innovative combined heat and power project that will generate electricity
for export to the grid from clean wood chips and also generate heat and
steam that will be used by Laidlaw’s Quality Lumber Services affiliate
to custom kiln dry hardwood lumber. Laidlaw has received a $1 million
grant from the New York State Energy Research & Development Authority
due to the innovative nature of the project, as well as the environmental
and economic benefits to the region. The project is expected to create
25 direct jobs and substantial indirect jobs associated with wood chip
procurement and transportation.
ARIEL
WAY INCORPORATED (OTCBB: AWYI)
"Up 28.57% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/AWYI.php
Ariel Way, Inc. operates as a technology
and services company for global communications, multimedia, and digital
signage solutions and technologies. It develops and deploys solutions
for business television, digital signage, and interactive media delivered
over a combination of satellite, terrestrial, and wireless local networks.
The company's digital signage service includes technologies using LCD
television and plasma screens to deliver video based messaging directly
to consumer audiences. Its integrated multimedia services include music
radio, video, and Internet protocol based file transfer for training/catalogs/point
of sale integrated with other information to the clients. Ariel Way serves
finance-oriented services companies primarily in United Kingdom. The company
is headquartered in Vienna, Virginia.
AWYI News:
January
9 - Ariel Way,
Inc. Updates on Syrei Holding UK, Ltd. Acquisition
Arne Dunhem, Ariel Way (OTCBB: AWYI) president and CEO,
said, "A number of shareholders have recently called or sent me emails
asking about the progress of the Syrei, Ltd. acquisition. I can indicate
that we have good progress with the due diligence activities and other
activities required for a successful transaction. We have had a short
delay in the process but are still anticipating an early completion of
the transaction. In addition there are several other strategic agreements
that are being completed. We will provide more announcements going forward."
COMMERCE
PLANET INCORPORATED (OTCBB: CPNE)
"Up 17.24% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/CPNE.php
Commerce Planet, Inc. is an online media,
marketing, and integrated e-commerce provider that offers media products,
lead generation services, list database management, e-commerce solutions,
Web marketing, call center support, and CRM tools worldwide. Its solutions
address the needs of small ? medium size businesses, B2B and B2C marketing
programs, and custom solutions for enterprise clients. The company offers
turn-key business solutions through Legacy Media, its marketing and media
division, and membership sales companies, customer care and call center
facility, and E-Commerce Dashboard System to its client partners, as well
as through its own direct selling businesses. It also provides a range
of services, including graphic design, printing services, data merge,
mailing, and finishing, as well as various fulfillment services, such
as assembly, pick and pack, mailing and warehousing, and inventory management
services. Further, the company designs and implements technology for secure
electronic payment modules, advanced content search tools, and secure
data hosting. Commerce Planet was formerly known as NeWave, Inc. and changed
its name to Commerce Planet, Inc. in 2006. The company is headquartered
in Goleta, California.
CPNE News:
January
9 - Commerce
Planet Completes a 6% Stock Buy-back and Authorizes an Additional $2 Million
Buy-back Program
Commerce Planet, Inc. (OTCBB: CPNE) announced that its
Board of Directors has authorized a new stock repurchase program to extend
to June 30, 2008. The new authorization will allow the Company to repurchase
an additional $2 million of the Company's common stock from time to time
in open market or privately negotiated transactions.
Under the first stock repurchase program, in effect
from November 2006 to December 31, 2007, the Company repurchased a total
of 3.02 million shares, or approximately 6.2% of the Company’s 48,637,252
million outstanding shares, reducing the number of outstanding shares
to 45,616,252 as of December 31, 2007.
"We continue to feel that our stock is undervalued
in the marketplace," stated Tony Roth, Chief Executive Officer. "We
strongly believe in the long-term value of our Company’s business
and the outlook for 2008. The Board believes that, in addition to potential
asset acquisitions, we can further enhance shareholder value through a
larger stock repurchase program and the opportunistic acquisition of our
stock from time to time as the Company deems appropriate.” |