OTCPicks.com

For Monday, March 31st

NHRX, EESO, LWLG, TLVA, ITRO, NTDL

Our Stocks to Watch tomorrow include NationsHealth Inc. (NASD: NHRX), Enzyme Environmental Solutions Inc. (OTC: EESO), Lightwave Logic (OTCBB: LWLG), Telava Networks (OTCBB: TLVA), Itronics Inc. (OTCBB: ITRO) and NuTech Digital (OTCBB: NTDL).

NATIONSHEALTH INCORPORATED (NASD: NHRX)
"Up 52.63% on Friday"

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

NationsHealth, Inc. provides medical products and prescription related services to Medicare and managed care beneficiaries in the United States. Its proprietary and scalable information technology platform and patient service organization support the enrollment and servicing of individuals, program administration, and patient management. It operates in two segments, Medical Products and Insurance Services. The Medical Products segment distributes medical equipment and supplies, and dispenses physician-prescribed medications through its pharmacy. This segment also provides home delivery of diabetes; ostomy; and other medical products, including impotency devices and heating pads, as well as insulin and syringes, and oral medications. The Insurance Services segment provides marketing, insurance agent training and licensing, member enrollment and service, distribution, billing, and collection services to Connecticut General Life Insurance Company in offering its CIGNATURE Rx Medicare Part D prescription drug plans to Medicare beneficiaries. The company was founded in 2003 and is based in Sunrise, Florida.

NHRX News:

March 27 - NationsHealth Announces 2007 Fourth Quarter and Annual Financial Results

NationsHealth, Inc. (NASD: NHRX) announced its financial results for the quarter and year ended December 31, 2007.

Revenue for the quarter ended December 31, 2007 was $23.6 million, compared to $22.8 million for the corresponding period in 2006. Net loss for the quarter ended December 31, 2007 was $0.4 million, or $0.02 per share, compared to net income of $1.2 million, or $0.04 per diluted share, for the corresponding period in 2006.

For the year ended December 31, 2007, revenue was $77.5 million, compared to $87.2 million for 2006. Net loss for 2007 was $5.9 million, or $0.21 per share, compared to a net loss of $11.3 million, or $0.40 per share, for 2006. Revenue for 2006 included approximately $9.9 million related to the initial marketing and enrollment efforts for CIGNA’s Medicare Part D prescription drug plans and approximately $4.0 million from the Company’s divested discount prescription drug card business. Net loss for 2006 included a gain of $5.0 million from the sale of the Company’s discount prescription drug card business, while the net loss for 2007 included a gain of approximately $0.3 million from the finalization of the purchase price for the sale of the card business.

Adjusted EBITDA*, defined as earnings before interest, taxes, depreciation and amortization, stock based compensation, non-cash impairment charges, and gains on the sale of business lines, was $3.2 million for the quarter ended December 31, 2007, compared to adjusted EBITDA of $3.8 million for the quarter ended December 31, 2006. For the full year 2007, adjusted EBITDA was $8.1 million, compared to an adjusted EBITDA loss of $4.0 million for 2006.

The Company’s Insurance Services segment contributed profit of $4.1 million for the quarter ended December 31, 2007, compared to $3.4 million for the quarter ended December 31, 2006. For the full year 2007, the Insurance Services segment contributed profit of $11.9 million, compared to a loss of $1.3 million for 2006. The Medical Products segment contributed profit of $0.3 million for the quarter ended December 31, 2007, compared to $2.2 million for the quarter ended December 31, 2006. For the full year 2007, the Medical Products segment contributed profit of $3.3 million. This compares to $9.5 million of profit for 2006, which included approximately $4.0 million of profit from the divested discount prescription drug card business. Segment profit and loss, as discussed above, is before allocation of corporate overhead and other unallocated amounts.

“We’re extremely pleased to report our first full year of positive EBITDA in the Company’s history,” said Timothy Fairbanks, Chief Financial Officer of NationsHealth. “Our fiscal year 2007 included a successful first year of operations for both our managed care and pharmacy business lines. Furthermore, we have now completed the acquisition and integration of nine regional competitors, as well as Diabetes Care & Education, which has allowed us to expand our product offerings to include insulin pumps. In addition, we continued to grow our business lines outside of, and complementary to, our core diabetes business that will provide a platform for profitable growth in quarters to come. The end result of these actions is a dramatic improvement in our year-over-year EBITDA profitability and a company which is well positioned to service the ever growing healthcare needs of the Medicare, Medicaid and managed care populations.”

*Use of Non-GAAP Financial Measures

In its earnings releases, conference calls, slide presentations or webcasts, the Company may use or discuss adjusted EBITDA (or adjusted EBITDA loss, as applicable), which is a non-GAAP financial measure as defined by SEC Regulation G. Management regularly reviews adjusted EBITDA as an analytical indicator of the Company’s financial performance and believes that it is useful to investors in evaluating operating performance. In addition, the Company uses adjusted EBITDA as a measure of performance for its business segments and for incentive compensation purposes. The Company does not intend for adjusted EBITDA to be considered in isolation or as a substitute for any GAAP measure. Adjusted EBITDA, as presented, may not be comparable to similarly titled measures of other companies.


ENZYME ENVIRONMENTAL (OTC: EESO)
"Up 206.25% on Friday"

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

Enzyme Consultants Organization (ECO) is a U.S. based manufacturer of industrial and agricultural enzyme products. All manufacturing, testing, and formulating are conducted in its manufacturing plant, located in Fort Wayne, Indiana. ECO strives to become a leader in ecological friendly or “Green Products” targeting the industrial and agricultural markets. It is our goal to have the best performing products on the market in each industry. Developing a growing and satisfied customer base is our number one marketing strategy.

EESO News:

March 28 - Enzyme Environmental Solutions to Hold Interview With Wallst.Net

Enzyme Environmental Solutions Inc. (OTC: EESO) CEO Jared Hochstedler announced today that a Wallst.Net interview has been scheduled and will be heard online at www.Wallst.net.

Hochstedler commented, "In keeping with my goal of building shareholder value and being as transparent as possible, when Wallstreet.Net called and asked for the interview I jumped at the chance to tell our story. EESO has a great story to tell and I love telling it."

Hochstedler went on, "I also would like to comment on the current share structure. As of today (per the transfer agent), EESO has 223,716,398 shares outstanding. The recent increase of shares was due to the many initiatives we have going (mentioned in earlier press releases) and the need for capital equipment to handle the unexpected increase of order flow and future potential acquisitions. I can openly state that with the private funding that we have had in place for several months and committed to our expansion plans, I do not see the number of shares outstanding increasing anytime in the near future. This is an exciting time for our company and I am so pleased with the attention we are attracting from new shareholders. I firmly believe that EESO is in the right place at the right time, manufacturing sustainable products that will assist in the quest to protect our environment."


LIGHTWAVE LOGIC INCORPORATED (OTCBB: LWLG)
"Up 48.00% on Friday"

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

Lightwave Logic, Inc. engages in the development of electro-optic plastics for use in a range of applications in the electro-optic device market. Electro-optic devices convert data from electric signals into optical signals for use in communications systems and in optical interconnects for high-speed data transfer. It would serve electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, aerospace companies, and government agencies. The company was founded in 1991. It was formerly known as Third-Order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. The company is headquartered in Wilmington, Delaware.

LWLG News:

March 26 - Lightwave Logic Commences Production of Prototype Photonic Chip

Company Expects To Demonstrate Breakthrough Plastic Modulator Early Second Quarter

Lightwave Logic (OTCBB: LWLG) (www.lightwavelogic.com), a technology company focused on the development of electro-optic polymer chips for applications in high-speed fiber-optic telecommunications and optical computing, has commenced production of its first prototype photonic chip.

Photonic (electro-optic) devices are the backbone of the Internet and telephone networks. The production of polymer-based photonic switches has been the fabled “holy grail” of the industry for over two decades. Plastics are less expensive, easier to process, and have been demonstrated to transmit information at higher speeds than the current state-of-the-art.

“The industry has been waiting for a commercially viable electro-optic polymer for more than two decades; many companies have made claims and have not been able to deliver,” said Hal Bennett, CEO of Lightwave Logic. “We are very excited. This is the final step in the development process. The marriage of the chromophore and the spacer system is now complete and the combined material has been delivered to our partner, Photon-X, who will fabricate a prototype polymer optical modulator and measure its technical properties. We are still on schedule to demonstrate this prototype early next quarter. It is this demonstration that will move us into the commercialization phase and to the next stage in conversations with potential customers and partners. Potential customers have told me in no uncertain terms that they are very excited about our polymer, and eagerly anticipate our demonstration.”


TELAVA NETWORKS INCORPORATED (OTCBB: TLVA)
"Up 40.74% on Friday"

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

Telava Networks, Inc. provides fixed and mobile WiMAX broadband solutions to residence customers, small and medium businesses, public safety organizations, schools, and local and state governments in the United States. It operates in four divisions: Telava Wireless, Telava Towers, Telava Marketing, and Telava Spectrum. Telava Wireless division owns 40 carrier-grade micro-wave tower assets in 18 states; and operates a 24/7 network operating center located in San Francisco, California. Telava Towers division has 86 carrier-grade micro-wave tower assets in 22 states, as well as holds strategic alliance partnerships to access approximately 1,000 microwave towers. Telava Marketing division provides online business directory services and has strategic partnerships with Verizon, AT&T, and Ameritech. Telava Spectrum division leaseholds 2.3 GHz spectrum with a nationwide portfolio of approximately 92 mm population in 23 additional markets; and holds strategic partnerships with AT&T, Korea Telecom, PosData, InfoMark, and the Korea Ministry of Information and Communications. In addition, the company offers advertising and directory listings to small and medium sized businesses on its Web site in a Yellow Pages format. As of December 17, 2007, it owned a wireless broadband network covering approximately 45 cities and towns in 22 states. Telava Networks, Inc. was founded in 2003 and is headquartered in San Francisco, California.

TLVA News:

March 26 - Telava Appoints Lino G. Morris to Its Board of Advisors

Telava Networks (OTCBB: TLVA) announced that the company has appointed Lino G. Morris to Its Board of Advisors. Mr. Morris, a well-respected name around the world in both telecommunications and technology, has served in the private and public sectors for over 40 years. From 1996 until 2005 he was the founder and CEO of the WorldHub group of companies, which provided a full range of telecommunications operations, products and facilities serving hundreds of international and domestic carriers. "Lino," as he is known globally, started from a single base in Miami and expanded to operational facilities in New York and London, which served as a hub to over a hundred countries.

Most recently Lino served as Director of Exchange Services for a large European group that owns one of the largest and newest fiber networks in Europe, covering some 300 locations in 16 countries. He then sold one of his businesses to a public global media and communications company in which he became an officer and is also a partner in a domestic tower company, with a tower network covering 22 states. Lino has been head of a number of major technology projects in the Middle East, Switzerland, Brazil, England, France, Mexico as well as the USA.

Earlier in his career, Lino was the head of Engineering Sciences, which designed and manufactured hundreds of large specialty and mobile communication units for use around the world. In the 1960s, during the early days of the missile program, he served as a Science Correspondent at Cape Kennedy. His award winning work includes a number of articles and hundreds of radio and TV broadcasts on science issues.

Baldwin Yung, President and CEO of Telava Networks, Inc., commented, "We at Telava are grateful and confident that having Mr. Morris on board as one of the members of our Advisory Board will add tremendous value to Telava and will spur the growth of our Company."


ITRONICS INCORPORATED (OTCBB: ITRO)
"Up 36.36% on Friday"

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

Itronics, Inc., through its subsidiaries, operates as an environmental process technology company in the United States. It operates through two segments, GOLD'n GRO Fertilizer and Mining Technical Services. The GOLD'n GRO Fertilizer segment offers fertilizer manufacturing, photochemical recycling, and silver refining services. The Mining Technical Services segment provides mineral project planning and technical services to the mining industry. This segment offers technical services in the areas of mining, geology, mining engineering, mineral economics, material processing, and technology development to the U.S. and foreign mining companies, public utilities, state agencies, the United Nations and the World Bank. It operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Rhode Island, Washington, and Utah. The company was founded in 1987 and is based in Reno, Nevada.

ITRO News:

March 27 - Itronics Receives GOLD'n GRO Guardian Deer Repellent Registration From the U.S. Environmental Protection Agency

Itronics Inc. (OTCBB: ITRO) (Frankfurt: ITG.F) (Berlin: ITG.BE) reported that its wholly owned subsidiary Itronics Metallurgical, Inc. has received label registration for GOLD'n GRO Guardian deer repellent from the U.S. Environmental Protection Agency (EPA).

With notification of registration of GOLD'n GRO Guardian deer repellent, registration statements will be filed in Nevada and Northeastern states where the Company plans to start marketing the deer repellent. Plans are being implemented for manufacturing, marketing, and sales launch in May, 2008.

"Receipt of this bio-pesticide label registration is the result of several years of intensive, successful product development," said Dr. John Whitney, Itronics President. "This opens another important avenue for internally generated growth for Itronics, and represents a significant extension of the Company's proprietary GOLD'n GRO nutrient delivery technology."

The GOLD'n GRO Guardian registration, manufacturing, and sales will expand the GOLD'n GRO brand into another important market segment, which is expected to further broaden the customer base and increase the rate of sales growth. Earlier this year the Company completed a detailed deer damage study which indicates that deer damage in suburban America is in the $5 billion range and that sales of its GOLD'n GRO Guardian deer repellent could top $200 million annually.

Itronics' continuing expansion is a result of years of research and development that has made its innovative vertically integrated photochemical recycling technology that completely converts the waste stream to pure silver, and its high quality GOLD'n GRO brand of environmentally compatible fertilizers a success.


NUTECH DIGITAL INCORPORATED (OTCBB: NTDL)
"Up 39.81% on Friday"

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

Nutech Digital, Inc. licenses and distributes general entertainment products through digital versatile discs (DVDs). It also involves in producing, filming, and distributing music concerts. The company's products include music concerts, Japanese anime, late night programming, children's animated films, and general entertainment action adventure films. In addition, it licenses broadcast rights to the music concerts, which it produces and films. As of March 31, 2007, the company owned approximately 600 DVD titles and a library of music concerts. NuTech Digital sells its DVD products through retail stores, the Internet, and wholesale distributors worldwide. The company was founded in 1993 and is based in Van Nuys, California.

NTDL News:

March 27 - NuTech Digital Receives Nationwide Order for Multiple Dwelling Unit Market to Deliver 'Grand Slam' Video and Data Services

NuTech Digital (OTCBB: NTDL) has entered into a contract to provide 2Way Video, Video On Demand, Cable Services, Internet Access and Voice over IP, to apartment complexes, campuses, hotels and other multi-dwelling facilities in the United States. The contract calls for installation of Grand Slam services in several hundred thousand homes and apartments over the coming years. The rollout will begin this year, probably in the late second quarter, said Richard Greenberg, President of NuTech.

Larissa Alexandra, Executive Vice-President of NuTech, guided the project to conclusion. "This is the beginning of a dynamic and powerful thrust into the home market; we will provide the services that people want," said Ms. Alexandra. She also noted that the service contracts would be long term, providing continuing income streams for NuTech. The service offering is made possible by NuTech's unique ability to provide superior video quality and data services using a multi-protocol transmission platform in concert with NuTech's network management system. The services may be delivered in a wired or wireless environment, eliminating costly installations and providing overall network management, including billing and responsive online services.

 
< Prev   Next >
Clicky Web Analytics