NPIA, TEVI, DKSC, GNTA, PRMO, PGPM
Our Stocks to Watch tomorrow include NPI08 Inc. (OTC: NPIA), The Estate Vault Inc. (OTC: TEVI), Dakshidin Corp. (OTC: DKSC), Genta Inc. (OTCBB: GNTA), Prom Resources Inc. (OTC: PRMO) and Pilgrim Petroleum Corp. (OTC: PGPM).

NPI08 INCORPORATED (OTC: NPIA)
"Up 3,233.33% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/NPIA.php
NPI08, Inc. provides products and information services to students and their families, which assist them in the college preparation process. The company offers assistance in career planning, college major/field of study selection, college selection, preparation for college entrance tests, and searches for merit awards and financial aid, as well as aids for improving study skills. In addition, it provides services to promote students for athletic scholarships to prospective colleges and universities. NPI08’s products consist of printed materials, videocassettes, college major/field of study software, career assessment software, databases accessible through compact disk read only memory, and one-to-one coaching. It markets its products primarily through weekend workshops held throughout the United States, as well as through its direct sales force and Web site. The company was founded by Janice A. Jones and John J. Grace. The company was formerly known as Sports Star Marketing, Inc. and changed its name to College Bound Student Alliance, Inc. in 1999. Further, it changed its name to College Partnership, Inc. in 2003 and to NPI08, Inc. in February 2008. The company is headquartered in Lakewood, Colorado. On July 30, 2007, a group of creditors, including Global Capital Associates, Inc. filed an involuntary petition for liquidation under Chapter 7 against College Partnership Inc. in the U.S. Bankruptcy Court for the District of Utah, Salt Lake City.
NPIA News:
July 14 -
Infinity Capital Group, Inc. Acquires Controlling Interest in NPI08, Inc.
Infinity Capital Group, Inc. announced that it has closed the acquisition of approximately 87.5 percent of the issued and outstanding shares in NPI08, Inc. (OTC: NPIA) ("the Shares") after the Denver Federal Bankruptcy Court approved the sale. The consideration for the transaction included a combination of cash, Infinity common stock, and a promissory note to the Sellers collateralized with the Shares pending payment.
Infinity intends to utilize its controlling ownership to facilitate a reverse merger between NPIA and a privately held, growth-oriented operating business that is seeking to access capital and a public market. Upon consummating the NPIA share purchase, Infinity CEO Greg Laborde stated, "In today's capital markets, where access to public capital and liquidity options for small companies are limited, we are pleased to have taken control of another vehicle which will enable us to help a thriving privately held company to grow and expand while providing their current owners potential liquidity." Mr. Laborde continued, "We see access to public capital as a vital service to growing companies who are the engine for overall economic growth and see tremendous opportunity for Infinity to earn attractive investment returns while facilitating this important capital formation need."
Infinity intends to make a follow on investment in NPIA in connection with the reverse merger and as part of its mission as a business development company it will provide management assistance in connection with and post closing the merger. The NPIA plan is similar to Infinity's January 2008 transaction where it facilitated a reverse merger between a controlled publicly traded subsidiary and two related privately held growth companies, REGS, LLC and Tactical Cleaning, LLC — creating the Infinity portfolio company Strategic Environmental & Energy Resources, Inc. (OTC: SENR). In connection with the SENR transaction, Infinity invested its own capital and assisted the company in attracting additional investment from other sources.
Infinity targets privately held emerging growth companies, across a broad range of attractive industries, with revenues of US$5-$15 Million, whose growth is constrained by limited capital. Infinity seeks companies with strong management teams that are at or near profitability and have the potential to list on a National Exchange within 12-18 months. In a typical transaction, Infinity will provide long term capital, primarily via equity investments, and as a business development company Infinity provides managerial assistance throughout the process and post closing of the transaction. Its mission is to offer entrepreneurial businesses a viable financing alternative to traditional private equity and venture capital funds that generally insist on control while also providing the incumbent business owners with personal liquidity and a potential exit strategy.
In addition to target merger candidates, Infinity is seeking controlling interest in public companies looking to change strategy, that have sold or closed a business and whose shareholders will participate in a subsequent transaction.
ABOUT INFINITY CAPITAL GROUP, INC.
Infinity Capital Group is a business development company that provides early-stage or mezzanine financing and management assistance to emerging growth companies. The company typically invests in companies that intend to go public through an IPO or by a reverse merger with an already public firm. It also funds small public companies that are undergoing significant change in strategy. Investments by Infinity are not limited to any particular industry.
THE ESTATE VAULT INCORPORATED (OTC: TEVI)
"Up 125.00% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/TEVI.php
The Estate Vault, Inc. was developed to overcome the daunting task of keeping financial, personal and legal documents up to date and in one place. Together with its strategic product partners The Estate Vault has wrapped up its unique service offering with a Credit Card Registry, Home Inventory Listing, Identity Theft Insurance and an online Legal Documents and Will Creator. The Estate Vault intends to become the leader in value added products to the financial services industry by providing a product and service at a low price point and then leveraging patent pending technology known as IntelliAD and IntelliBrand to maximize brand awareness. For more information, visit www.estatevault.com.
TEVI
News:
July 11 -
The Estate Vault Taps Into 60,000 Affiliates to Begin Distribution of Product By End of July
The Estate Vault, Inc. (OTC: TEVI), a leading provider of value-added products and services to organizations and the financial services industry, announced that it has entered into an agreement with ROI Rocket to promote The Estate Vault to its nearly 60,000 affiliates.
Boyd Soussana, CEO stated, "The deployment of our product through the affiliate networks has always been part of our business plan and we are pleased to have such a great partner in ROI Rocket to begin our deployment. Some estimates place the amount of affiliates at nearly 2,000,000 and we chose ROI because of their experience and deployment capabilities. Over the next few weeks we are going to be testing the offer and placement strategy so that we can be ready for a full blown launch at the end of July. We anticipate that by the end of the year we will have sold approximately 10,000 units with gross revenues of $1.2 million through this channel and we are truly excited to have ROI there to help us develop our affiliate strategy even more throughout the remainder of 2008 and into the future."
ABOUT ROI ROCKET
* ROI Rocket is a unique cost-per-action (CPA) network that only promotes exclusive offers to the top internet publishers in the world today. We have the Super-Affiliates, the real deal, the top one percent, the ones that will increase your sales.
* ROI Rocket is on the cutting edge with its new distribution channel for marketing offers on the web. We are a ground-breaking leader in the affiliate marketing world where we connect the Large Advertiser with the Innovative Publisher. The marriage of the Advertiser and Publisher creates a synergy for both sides. The Advertiser has a product or service to promote and the Publisher has the web property to distribute it.
* ROI Rocket creates partnerships between publishers and advertisers. We work with advertisers and put together the best paying deals for the ROI Rocket publisher community. With the latest technology in place, we track the deals, ensuring that publishers are paid on time and advertisers are sent the appropriate traffic for their product or service.
DAKSHIDIN CORPORATION (OTC: DKSC)
"Up 100.00% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/DKSC.php
Through its wholly owned subsidiary, Restec International Inc. produces the world's most powerful pumping windmill. Throughout the world, especially in developing countries, there is a dire need for water to fulfill basic human self-sufficiency demands. In most cases, the problem is not the lack of available water, but the cost and reliability of obtaining it. The Restec water pumping Windmill is a renewable, cost-effective and environmentally friendly solution for the world's water and energy crisis.
DKSC
News:
July 10 -
Dakshidin Confirms Delivery of Its Restec Mark 10 Windmills to Its Distributors Commencing July 15th, 2008
Dakshidin Corporation (OTC: DKSC) (Frankfurt: 4LQ.F) (www.dakshidin.com), producers of the world's most powerful water pumping windmill, and its wholly owned subsidiary, Restec International, Inc., announce that they will deliver Restec Mark 10 water pumping windmills to distributors Cervantes Windmill Corporation in the Caribbean, Casa Inc. in Central America; and Kensam Echo-Tech Services Co. Ltd. in the province of Yunnan, China.
The first Restec Mark 10 water pumping windmill will be ready for export on July 15th and will be delivered to Cervantes Windmill Corporation as per their shipping instructions. Further shipping dates will be announced for the Restec Mark 10 water pumping windmills to be delivered to its distributors in China and Central America. "The installation of the windmills by the distributors is expected to generate significant demand and sales within these countries as the worldwide pressure on governments increases to utilize more 'green' solutions for energy and water in an expanding effort to reduce global warming," stated Nick Laroche, President of Dakshidin Corporation.
The Restec Mark 10 water pumping windmill is the ideal solution to providing clean, potable water. The Dakshidin Corporation will extend an open invitation to its shareholders to come to China to witness the manufacturing and installation of the Mark 10 as well as witness first hand the projects the company is developing with its joint venture partners. The company will provide details in an upcoming press release.
Restec's Mark 10 windmill is the cost-effective and environmentally friendly solution for the world's water crisis.
Dakshidin Corporation is dedicated and focused in building a solid foundation for Restec's Products and Technologies, and will continue to grow from the synergy of our Distributors and Joint Venture Partners.
GENTA INCORPORATED (OTCBB: GNTA)
"Up 71.88% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/GNTA.php
Genta Incorporated operates as a biopharmaceutical company with a diversified product portfolio that is focused on delivering products for the treatment of patients with cancer. Its research portfolio consists of two programs, DNA/RNA Medicines and Small Molecules. The company's lead compound from its DNA/RNA Medicines program is Genasense oblimersen sodium) injection that is designed to block the production of a protein, known as Bcl-2, which is a fundamental cause of the inherent resistance of cancer cells to anticancer treatments, such as chemotherapy, radiation, and monoclonal antibodies. Genta Incorporated is recruiting patients to the AGENDA Trial, a global Phase III trial of Genasense in patients with advanced melanoma. Its lead drug in its Small Molecule program is Ganite gallium nitrate injection), which is marketed in the United States for the treatment of symptomatic patients with cancer-related hypercalcemia that is resistant to hydration. The company also develops G4544, an oral formulation of the active ingredient in Ganite, which entered clinical trials as a potential treatment for diseases associated with accelerated bone loss. In addition, it is developing tesetaxel, an orally absorbed, semi-synthetic taxane that is in the same drug class as paclitaxel and docetaxel. The company was founded in 1988 and is based in Berkeley Heights, New Jersey.
GNTA News:
July 14 -
FDA Accepts Genta's NDA Amendment as Complete Response for Genasense® Treatment of Chronic Lymphocytic Leukemia
Submission Based on Increased 5-Year Survival in Responding Patients
Genta Incorporated (OTCBB: GNTA) announced that the Food and Drug Administration (FDA) has accepted the Company's amendment to its New Drug Application (NDA) for Genasense® (oblimersen sodium) Injection as a "complete response". The NDA proposed the use of Genasense plus chemotherapy for patients with relapsed or refractory chronic lymphocytic leukemia (CLL). The recent submission was based on new information from the Company's completed, randomized Phase 3 trial that showed, among other findings, a significant increase in overall survival for patients who achieved a complete or partial response when treated with Genasense plus chemotherapy compared with patients treated with chemotherapy alone.
The amendment responds to a communication received in March 2008 from FDA's Center for Drug Evaluation and Research (CDER) that denied Genta's appeal of a prior "non-approvable" decision of the Genasense NDA in December 2006. That communication described a regulatory path forward that included but was not limited to determination of long-term survival in patients who entered the study. FDA has informed the Company that it considers Genta's complete response as a Class 2 resubmission with a Prescription Drug User Fee Act (PDUFA) goal date of December 3, 2008.
"We are pleased that the FDA will formally review this new information, and we look forward to working with FDA's Division of Oncology Drug Products during their consideration of this amendment," commented Dr. Loretta M. Itri, Genta's President, Pharmaceutical Development, and Chief Medical Officer.
ABOUT CHRONIC LYMPHOCYTIC LEUKEMIA
CLL is the most common form of leukemia in adults. According to the American Cancer Society, approximately 8,000 patients will be diagnosed this year. More than 60,000 people in the U.S. currently have CLL. The disease arises in lymphocytes, a type of white blood cell that normally produces antibodies and serves important immune functions. Patients with CLL typically develop symptoms that may progress over a period of years, ultimately producing a generalized depression of immunity, marked increases in the size of spleen, liver and lymph nodes, and impaired production of other normal blood cells. Eventually, these problems may cause life-threatening complications, such as overwhelming infections and fatal bleeding. More information about CLL can be accessed at the website for the Lymphoma Research Foundation at www.lymphoma.org.
ABOUT GENASENSE
Genasense inhibits production of Bcl-2, a protein made by cancer cells that is thought to block chemotherapy-induced apoptosis (programmed cell death). By reducing the amount of Bcl-2 in cancer cells, Genasense may enhance the effectiveness of current anticancer treatment. Genta is pursuing a broad clinical development program with Genasense evaluating its potential to treat various forms of cancer.
PROM RESOURCES INCORPORATED (OTC: PRMO)
"Up 80.00% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/PRMO.php
For information about Prom Resources, visit www.promresources.com or e-mail
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PRMO
News:
July 8 -
Prom Resources Logs First Gold Sale
Prom Resources, Inc. (OTC: PRMO) ("the Company") announces its first gold sale. The first shipment of 50kg was smelted and sold for the amount of USD $1,250,000.
"This past year was tainted with a number of delays and setbacks for which the Company and its shareholders had to bear the brunt. So, I am very pleased that we could turn things around just before the end of the fiscal year and end it on a positive note. Since the main obstacles were overcome, this new fiscal year is expected to be rosier. We anticipate strong sales and business developments," said, President of the Company, Dror Moradov.
PILGRIM PETROLEUM CORPORATION (OTC: PGPM)
"Up 50.00% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/PGPM.php
Pilgrim Petroleum Corporation operates as an oil and gas exploration and development company. It holds crude oil and natural gas properties in Texas with interests primarily in Morgan fields, Morgan 2 fields, Douglas Mineral Trust field, Lily Hooks field, Meldon White lease, Lockride lease, and Climax lease, as well as in Patton and Burnett EE leases. The company, through its subsidiary, American Petroleum Corp., provides basic accounting, land administration, regulatory consulting and reporting, engineering, environmental, pumping and drilling supervision, and marketing services. Pilgrim Petroleum was incorporated in 1998. It was formerly known as BNP Petroleum Corporation and changed its name to Pilgrim Petroleum Corporation in 2005. The company is headquartered in Irving, Texas.
PGPM News:
July 11 -
Pilgrim Petroleum Announces Corporate Update to Shareholders, Dividend and Buyback Exchange
Pilgrim Petroleum Corporation (OTC: PGPM) (Frankfurt: PHV.F), an independent oil and gas company, announced that it has entered into a agreement with an OTCBB fully reporting public company for the acquisition of Pilgrim's leasehold portfolio. Due diligence of the transaction has finalized and the companies have achieved a successful negotiation of a material definitive acquisition agreement executed on Friday.
Under the terms of the Agreement, Pilgrim and its associates, American Petroleum Corporation and Lariat Energy Corporation, will be compensated with a combination of shares and convertible promissory notes, a transaction that will represent a controlling interest with the OTCBB company. Disclosure of the Reverse Acquisition will be announced as soon as it becomes available and filed with the SEC 8K within the next day.
Additionally, Pilgrim Board of directors has approved a dividend distribution to our common stock holders and a buyback exchange. The declaration date and ratio of the distribution, and buyback exchange will be announced in the first week of August 2008.
Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Our entire team is excited and extremely pleased to finally achieve this long-anticipated step to become a fully reporting company. The significance of this transaction is a new chapter and a major milestone in our continuing growth." |