OTCPicks.com

For Tuesday, September 9th

RNVO, MONA, FTER, CIRT, BCST, GLCC

Our Stocks to Watch tomorrow include Bebida Beverage Company/Renovo Holdings Inc. (OTC: RNVO), MonArc Corp. (OTC: MONA), Forterus Inc. (OTCBB: FTER), Cardio Infrared Technologies Inc. (OTC: CIRT), Broadcast International Inc. (OTCBB: BCST) and Good Life China Corp. (OTC: GLCC).

RENOVO HOLDINGS INCORPORATED (OTC: RNVO)
"Up 40.00% on Monday"

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

Renovo Holdings does not have significant operations. It intends to acquire or merge with one or more operating businesses. The company, formerly known as Fortis Enterprises, was founded in 2000 and is based in Casselberry, Florida. On Sept. 4, 2008, Renovo Holdings announced that the company had changed its name to Bebida Beverage Company.

RNVO News:

September 8 - Bebida Beverages Launches New Website

Bebida Beverage Company, currently operating as Renovo Holdings (OTC: RNVO), announced that the company has launched a new corporate website.

The new website is located at www.bebidabeverages.com.

“The new website is a means in which Bebida Beverages can begin to develop and communicate the company’s progressive attitudes and styles. The website will continue to evolve along with the company and this is an important first step in that overall developmental growth. The focus of Bebida Beverages is to develop beverages that consumers desire, seek out by name and can identify as being unique in a marketplace overrun with ‘me-too’ products,” stated Mr. Makarios, President of Bebida Beverages.

Bebida Beverage Company is scheduled this week to unveil the company’s first product to be launched within the United States marketplace.


MONARC CORPORATION (OTC: MONA)
"Up 21.43% on Monday"

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

Monarc Corporation was formed in 2000. The company acquired multiple subprime short term lending companies for the B2C marketplace doing business under the brand name "Cash Now" in 2003. The company also had an array of other financial products such as IFGX and Cash Next under development for the B2B marketplace; such as invoice discounting and factoring. In 2005 the company suffered a setback with 4 consecutive strikes of hurricanes of 2005 while domiciled in Florida. Unable to operate on a day to day basis without interruptions, the company was delisted from being am SEC reporting issuer soon after and consequently its stock was re-ranked as an unsolicited stock and 2006 was a reconstructing year. The company used the time out to raise capital with the issuance of preferred convertible shares. Soon after, in January 2007, it resumed operations. With the sweeping changes in the subprime industry and with most of the States and Provinces restricting this product use the company looked at different industries. In 2007, it launched a Check 21 product and a Forex division and looked towards China as a growth market. In late 2007 MONA sold these aforementioned operating assets to a China-based company and the proceeds of that sale were distributed to its shareholders. In early 2008, MONA looked for another growth industry and decided to enter beverage control. The company acquired 3 start-up entities in the hospitality control industry. In December 2007, the controlling interest of Monarc was purchased by Brookcor Holdings, on an all cash and stock basis. Those businesses were spun out several months later and the paid stock returned to the treasury. MONA identified a China-based mass distribution company and completed a reverse merger with them through their Belize holding company Fulushu Limited in June 2008. The company continues operating these entities as it nears completion of the development of its B2B product line. The company is also currently in a process of filing certain documents to remove the warning sign from the Pink Sheets quotation system and to again become a solicited company, with future plans on becoming an SEC reporting issuer. MONA is also taking measures to raise the pink sheets ranking from "Yield limited information" to a "pink check mark status."

MONA News:

September 8 - MonArc Corporation Closes Acquisition of China Based Direct Marketing Company

MonArc Corporation (OTC: MONA) (www.monacorporation.com) announced that it has closed the acquisition of EEIGI Ltd., a Hong Kong based direct marketing company with over 7,000 representatives.

EEIGI manufactures and sells a proprietary line of all-natural Health and Beauty Aids (HBA) through a direct marketing distribution business model. These are developed and shipped worldwide from the Company's Canadian offices and manufacturing centre. Importantly, EEIGI has put together a significant network of representatives, and enjoys top-line revenue in the millions of dollars with an asset base of roughly $15 million.

HBA is one of the most profitable sectors based on gross margins of products sold. The most significant costs most HBA firms have is the cost of marketing and advertising, including package design. Using a direct marketing business model similar to Amway and Avon, EEIGI has reached a level of critical mass with enough distributors to generate profitability on its product line. The Company is now poised for accelerated growth, given the organic growth model of direct, multi-level sales and the marketing support the Company can now dedicate to building on an already successful business model. It is targeting a total of 18 countries to augment its core sales in China.

EEIGI is currently developing an English version of its website, which can be found at www.eeigi.com. Initial development has begun, however the quality of the translation is relatively inconsistent. One of the first tasks MonArc will undertake is to ensure that the English version of the website accurately depicts the EEIGI's products and services, and complies with North American, and eventually, European regulatory requirements.

Moving forward, EEIGI will be the primary operating business within MonArc. In keeping with the Company's new business model as a Small Cap Boutique Investment Group, MonArc will work with EEIGI management to begin to create awareness of EEIGI as a public company. We will be tasked with creating investor awareness and building investor interest in EEIGI. Our advisory services will include helping to grow the Company to the next level with sound financial planning and appropriate corporate strategies. When EEIGI is ready, MonArc management intention is to spin it off as a separate public company. Obviously, MonArc shareholders will be rewarded with dividends in the new company. It is also planed or anticipated that MONA investors will have the opportunity to see their investment grow through the addition of stock warrants or options once EEIGI stands on its own.

In other Company news, MonArc is continuing discussions regarding the sale of its Hubei Chuguan Industry Co. Ltd.position. This is an environmental services company active in the oil sector, as previously announced. Our representatives in China are walking Hubei Chuguan executives through a similar approach and spin off their Company as the second major project in the upcoming months. Due diligence is proceeding on course, and we are working with management to develop the final framework and timetable for this project.

MonArc is also continuing work with PP365.com an online gaming company (the current operating company in MONA) and Innotrek, (a broadband Hotel ISP) who have been making excellent progress in their respective businesses, but are not as mature as companies as EEIGI and Hubei Chuguan. Management is in discussion with several interested groups for these asssets.

MonArc CEO, Mr Yong Chan advises: “We feel that MonArc is on the verge of significant success. Special gratitude to Mr.Garr Winters MONA X CEO and the current Secretary and Strategic Advisor has been instrumental and pivotal in making all of this happen. He has been working overtime in the background to see this transformation and sucess come to a fruition. Not to take anything away from PP365 or Beijing Innotrek Technology Co., but EEIGI and Hubei Chuguan are on a different level in terms of maturity of the Company, scale of operations, revenue streams and profitability. However, we really like what these younger companies are achieving and have every confidence that they will have the ability to capitalize on their respective business opportunities and go on to great success within our company, and as individual public companies down the line.

Our work with them has been vital to MonArc as we have reshaped our corporate business model over the last year. We are extremely well positioned to continue to identify additional candidate companies in China who are already successful but need the benefit of our experience and guidance to capitalize on the benefits of being publicly traded companies. Shareholders can expect to receive an ongoing series of rewards in a form of cash or stock dividends and other instruments to leverage the potential for increased value of these companies; as we introduce them to public markets and transition them to trade under their own names.”


FORTERUS INCORPORATED (OTCBB: FTER)
"Up 36.00% on Monday"

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

Forterus, Inc. and its subsidiaries engage in diverse business activities, including thoroughbred breeding and racing, drug and alcohol rehabilitation, and finance. For more information on A Better Tomorrow or Forterus, visit their respective websites at www.abttc.com and www.forterus.com.

FTER News:

September 8 - Filled to Capacity, Forterus' Drug and Alcohol Treatment Center Subsidiary Is Poised for Expansion

Forterus Inc. (OTCBB: FTER) announced that A Better Tomorrow Treatment Center Inc., its drug and alcohol treatment center subsidiary, is filled to capacity and poised for expansion.

"We are actively seeking additional facilities that will enable us to increase A Better Tomorrow's bed count," said Paul Howarth, CEO of Forterus, which acquired the Murrieta, Calif.-based drug, alcohol and gambling treatment center in August.

Forterus announced its expansion plans for A Better Tomorrow less than a week after reporting record revenues and earnings for A Better Tomorrow during the second quarter and six months ended June 30, 2008.

A Better Tomorrow reported record second quarter revenues of $1,265,262, a 39 percent increase over the $904,036 recorded in April, May and June of last year, with net income of $188,169, a 42 percent increase over the $108,610 recorded a year earlier. Revenues for the six months were $2,635,724, a record 42 percent jump over the same period a year earlier, while net income rocketed to 48 percent, the highest in the history of the four-year-old rehabilitation center.

"We are very pleased with the strength of A Better Tomorrow's financial performance," said Paul Howarth, CEO of Forterus. "The owners kept a lot of skin in the game over the last four years. Thinking of the future of the company first, most profits were reinvested back into the company for growth. The industry experience level of our key employees is what propelled us from a start up with a $75,000 to a multi-million-dollar company in a very short period of time."

Howarth said Forterus would continue to grow A Better Tomorrow's revenue on behalf of shareholders through internal and organic growth and by acquisition. "We continue to be a small company," he said. "But we are well positioned to experience continued, sustainable growth."

Murrieta, Calif.-based A Better Tomorrow Treatment Center Inc. is accredited by the Commission on Accreditation of Rehabilitation Facilities (CARF), placing it in the top 5 percent of drug and alcohol treatment centers in California.


CARDIO INFRARED TECHNOLOGIES INCORPORATED (OTC: CIRT)
"Up 33.33% on Monday"

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

Cardio Infrared Technologies, Inc. is a technology and marketing company, which is focused on developing the revolutionary and evolutionary process of combining exercise equipment with medical benefits that go far beyond the normal benefits of standard exercise equipment. Cardio Infrared Technologies, Inc. is committed to continue to market this equipment to the exercise and medical markets and to aggressively expand the market to every country around the world. The equipment has already been featured on "Good Morning America" and "The View." Cardio Infrared Technologies, Inc. also has an aggressive growth plan that includes acquisitions and development of innovate new equipment and programs in the exercise and medical industries.

CIRT News:

September 8 - Cardio Infrared Technologies, Inc. Announces Increased Sales and Income

Cardio Infrared Technologies, Inc. (OTC: CIRT) (www.cardio-cor.com), a leading Health and Wellness technology and marketing company, announced that sales and net income for the eight months ended August 31, 2008, ended with net income up 82% and sales up 68% above the same period a year ago.

Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated, "Sales for the eight months end August 31, 2008 are up 68% above the same period for 2007. The net income for the eight months ended August 31, 2008 was up 82% over the same period for 2007. The company is very excited about the increase in business and the progress that has been accomplished so far this year. The additional capital resources that Cardio Infrared Technologies, Inc. has been able to generate, have made a big difference in the ability to generate additional sales and thus increase the profitability of the company. Sales continue to increase on a monthly basis due to the increased sales force and the benefits that the units offer the customers."

Cardio Infrared Technologies is quoting units for delivery in Europe for the fourth quarter of this year and the first quarter of 2009. Cardio Infrared Technologies, Inc. is the world sales leader for the Cardio-Cor equipment and is working with the manufacturer to decrease the cost per unit and increase the market area for the units.

The new website for the Cardio-Cor is generating leads at ten times the rate the old website generated leads and the website has only been in operation for one week. The number of leads generated will continue to increase as more search engines list the site and Cardio-Cor moves up on the search pages for each engine. Cardio Infrared Technologies, Inc. will continue to invest in this website and develop the increased sales this site can and will generate.

Cardio Infrared Technologies, Inc. has been investing in additional sales and marketing efforts over the last six months resulting in additional sales and income. Cardio Infrared Technologies, Inc. will continue to develop the market for the Cardio-Cor and other products that will enhance the Cardio-Cor sales and increase the dollar amount and profit per sale.


BROADCAST INTERNATIONAL INCORPORATED (OTCBB: BCST)
"Up 21.69% on Monday"

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

Broadcast International is a leading provider of video-powered broadcast solutions, including IP, and digital satellite, Internet streaming and other types of wired/wireless network distribution. Since 1984, the company has had consistent success in building and managing private satellite networks and providing video, audio and web broadcasting solutions to businesses worldwide. The company’s patented CodecSys software is a breakthrough, artificial intelligence-based video compression technology that cuts video bandwidth requirements more than 80% over satellite, cable, IP and wireless networks. By slashing bandwidth needs, CodecSys enables a new generation of applications such as streaming video to cell phones, and offers unprecedented price/performance benefits for existing applications such as HD video.

BCST News:

September 5 - Broadcast International Conference Call to Discuss CodecSys Update

Broadcast International (OTCBB: BCST) (“BI”) will host a conference call with CEO Rod Tiede on Tuesday, September 9, at 4 p.m. EDT. Discussions will include a CodecSys progress update including, but not limited to, a recent beta test deployments and future expected milestones followed by Q-and-A.

The conference call is scheduled to begin at 4 p.m. EDT on Tuesday, September 9, 2008. Participants can access the call by dialing 800-214-0694, passcode 234368. Please dial in 5-10 minutes before the start time of the call. In addition, the call will be archived on InvestorVoices.com within five days of the call.


GOOD LIFE CHINA CORPORATION (OTC: GLCC)
"Up 18.18% on Monday"

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

Good Life China Corporation operates a chain of franchised convenience stores in Hebei Province, the People’s Republic of China. The company employs retail concepts, such as e-commerce enabled POS/back office systems. It operates approximately 1,730 stores. The company also has an agreement with Petro China Beijing to provide distribution services and information management system services for the convenience stores in the gas stations belonging to Petro China Beijing Marketing Company. In addition, the company offers online sub prime financial services, such as money lending, forex trading, and advanced electronic funds management. Good Life China Corporation was incorporated in 1998 and is based in Toronto, Canada.

GLCC News:

September 4 - Good life China Closes Acquisition of 'The People Home' Chain

Good Life China Corporation (OTC: GLCC) (www.goodlifechina.com) announced that the acquisition of Shijiazhuang based "The People Home" (TPH) chain of 625 stores has been successfully closed.

The acquisition is a very significant one, from both a top-line revenue point of view, and in terms of achieving ever-growing economies of scale on the logistics side of the retail business - which is the core focus of Good Life's business model. Additionally, the acquisition significantly expands Good Life's retail level footprint in China, and may signal the first signs of consolidation of retailers in rural areas of China.

TPH has a total of over 600 stores, carrying a variety of low-cost consumer products. With the addition of TPH, Good Life now boasts a total of over 3,300 stores.

The addition of TPH also broadens the number of suppliers that will be tied in to Good Life's advanced warehousing and logistics capabilities. Expanding the supplier side of the retail distribution channel is as important to Good Life as the expansion of its retail locations - as the Company generates revenues from both sides of the retail equation.

Good Life CEO, Dong-Mei Jia, noted, "This is a very exciting development for the Company. We had established an objective of 4,000 retail locations by the end of 2008, and we have a good chance of meeting that objective.

We also believe that we can improve the operating efficiencies of TPH, and increase the level of profitability by lowering costs on the supply-side by way of volume discounts due to the consolidation, as well as reduced warehousing and distribution costs through utilization of Good Life's 'best of breed' logistics capabilities."

 
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