For Monday,
September 17th
SMKY,
MECA, AUUM, ASXSF, CHCG, WRII
Our Stocks to Watch for tomorrow
include Smokey Market Foods (OTCBB: SMKY) Magna Entertainment
(NASD: MECA), American Uranium Corp. (OTCBB: AUUM), Alberta
Star Development (OTCBB: ASXSF), China 3C Group (OTCBB: CHCG),
Waste Recovery Inc. (OTC: WRII)

SMOKY
MARKET FOODS (OTCBB: SMKY)
"Up 46.6% on Friday"
Detailed
Quote: http://www.otcpicks.com/quotes/SMKY.php
The Company produces a complete line
of fully cooked foods through a unique wood-burning oven system and
intends to build a national chain of Smoky Market® restaurant-stores
and self-contained kiosks that do not have to cook raw meat on site,
and to also distribute Smoky Market® brand smoked foods directly
over the Internet and through attractive Point-of-Sale merchandisers
placed in high-traffic venues. The company is also attempting to establish
supply relationships with national chains of restaurants that need
to diversify their menu.
SMKY
News:
September
13 - Smoky
Market Foods Begins Trading on OTC Bulletin Board
Smoky Market Foods, Inc. (OTCBB: SMKY)
announced recently that its common stock has begun to trade on the
OTC Bulletin Board under the symbol "SMKY."
The CEO and founder, Mr. Edward Feintech,
has been producing smoked foods since the opening of his first Rib
Joint barbecue restaurant in Des Moines, Iowa in 1977. The cooking
process required the use of freshly cut hickory timber to impart a
natural and penetrating smoky flavor in unique wood-burning ovens;
the process is called "Smoke-Baking(TM)." In the late 1980s the decision
was made to mass produce the authentic quality and take the product
national. It took many years and several million dollars to produce
a commercial model of the stainless steel oven that could process
several thousand pounds, instead of a few hundred pounds, and could
pass USDA inspection.
The smoker-oven technology, developed
by Smoky Market's predecessor, has been approved by the USDA for the
commercial production of food products, and a high-capacity oven system
has been installed in a large USDA-inspected food plant located in
Webster City, Iowa. Smoky Market's brand Smoke-Baked meat and fish
are 100% naturally prepared, meaning that the food products contain
NO steroids, growth hormones, antibiotics, artificial coloring, additives
or preservatives -- only garlic, pepper, select herbs and sea salt
are used to flavor the products.
After completing the development of
its Smoke-Baking technology, Smoky Market began focusing on becoming
an SEC reporting company, raising bridge capital and taking other
steps necessary for its common stock to begin trading on the public
markets. "This is an important milestone in our business plan and
we hope that it permits us to rapidly raise the capital necessary
to execute our business plan, which is to build a national chain of
Smoky Market® restaurant-stores and self-contained kiosks, and
to distribute Smoky Market® brand foods directly over the Internet,"
explained company CEO Edward Feintech.
MAGNA
ENTERTAINMENT (NASD: MECA)
"Up 24.6% on Friday"
Detailed
Quote: http://www.otcpicks.com/quotes/MECA.php
MEC, North America's largest owner
and operator of horse racetracks, based on revenue, acquires, develops,
owns and operates horse racetracks and related pari-mutuel wagering
operations, including off-track betting facilities. MEC also develops,
owns and operates casinos in conjunction with its racetracks where
permitted by law. MEC owns and operates AmTote International, Inc.,
a provider of totalisator services to the pari-mutuel industry, XpressBet(R),
a national Internet and telephone account wagering system, as well
as MagnaBet(TM) internationally. Pursuant to joint ventures, MEC has
a fifty percent interest in HorseRacing TV, a 24-hour horse racing
television network and TrackNet Media Group, LLC, a content management
company formed for distribution of the full breadth of MEC's horse
racing content.
MECA News:
September
13 - Magna
Entertainment Corp. Announces Debt Elimination Plan, Funding Arrangement
through Private Placement and New Bridge Loan Facility, and the Appointment
of New Independent Director
Magna Entertainment Corp. (NASDAQ:
MECA; TSX: MEC.A) recently announced that as a result of the completion
of its strategic review of assets and operations, a number of important
initiatives have been adopted, including:
- adopting a plan designed to eliminate
the Company's net debt by December 31, 2008 by generating aggregate
proceeds of approximately $600-$700 million from the sale of assets,
entering into strategic transactions involving MEC's racing, gaming
and technology operations, and a possible future equity issuance,
likely in 2008, as well as improving future earnings;
- arranging $100 million of funding
to address immediate liquidity concerns and provide sufficient time
to implement the plan, comprised of: (i) a $20 million private placement
of MEC Class A Subordinate Voting Stock ('Class A Stock') to Fair
Enterprise Limited ('Fair Enterprise'), a company that forms part
of an estate planning vehicle for the family of Mr. Frank Stronach,
the Chairman and Interim Chief Executive Officer of MEC; and (ii)
an $80 million short-term bridge loan from a subsidiary (the 'MID
Lender') of MI Developments Inc. ('MID'), MEC's controlling shareholder;
and
- appointing Tony Campbell of Knott
Partners Management, LLC as a new independent director.
AMERICAN
URANIUM CORP (OTCBB: AUUM)
"Up 24.5% on Friday"
Detailed
Quote: http://www.otcpicks.com/quotes/AUUM.php
American Uranium Corporation (OTCBB:AUUM)
is an American exploration company dedicated to the acquisition and
development of uranium properties within the United States.
AUUM News:
September
13 - American
Uranium Corporation Appoints Chief Financial Officer
American Uranium Corp. ("American")
(OTCBB:AUUM) is pleased to announce the appointment of Mr. Hamish
Malkin as the company's Chief Financial Officer, effective September
15, 2007
Mr. Malkin has been the CFO of Entree
Gold (TSX:ETG)(AMEX:EGI) since July 16, 2003, and was instrumental
in assisting Entree Gold to be listed on the American Stock Exchange.
Mr. Malkin currently provides financial services to other public companies
in the United States and Canada.
Prior to working for Entree Gold, Mr.
Malkin was the Chief Financial Officer of Trivalence Mining Corporation
from January 1997 to March 2003. Mr. Malkin is a Chartered Accountant
and a member of the Canadian Institute of Chartered Accountants and
the Institute of Chartered Accountants of British Columbia. Prior
to 1997, Mr. Malkin held senior financial positions in the entertainment
and commercial real estate industries.
Bob Rich, CEO of American, commented
"The addition of Mr. Malkin to the American Uranium team provides
the highly competent, ethical accounting and regulatory experience
we require and will significantly strengthen our ability to evaluate
future business opportunities."
ALBERTA
STAR DEVELOPMENT (OTCBB: ASXSF)
"Up 24% on Friday"
Detailed
Quote: http://www.otcpicks.com/quotes/ASXSF.php
Alberta Star is a Canadian mineral
exploration company that identifies, acquires and finances advanced
stage mineral exploration projects in Canada. The Company is committed
to creating long term shareholder value through the discovery of base
and precious metals and uranium.
ASXSF News:
September
14 - Alberta
Star Completes Staking and Acquisition of Additional Uranium Mineral
Claims at Eldorado West
Alberta Star Development Corp., (TSX
VENTURE: ASX)(OTCBB: ASXSF), is pleased to announce that the Company
has staked a number of new and highly prospective uranium targets
after reviewing the results of the Company's recently completed Regional
High Resolution Aeromagnetic Gradiometer-radiometric Survey over the
Eldorado & Contact Lake uranium belts (NR Aug 30, 2006). The Eldorado
West uranium claims consist of four claims west of the 100% wholly
owned Eldorado South uranium claims located south of the Eldorado
uranium mine on the east side of Great Bear Lake, NT and 423 miles
north of the city of Yellowknife, and consists of 4,177.09 hectares
(10,321.77 acres). The recent staking activity increases the size
of the Company's regional land portfolio to over 39,671.83 hectares
(98,027.77 acres).
The Company is currently undertaking
its 2007 Phase-2 IOCG & Uranium Drilling Program which is designed
to expand recently discovered mineralized zones, determining continuity
and orientation, locating higher grade extensions of IOCG and uranium
mineralization, and preliminary testing of the remaining, untested
mineralized and altered zones within the Eldorado & Contact Lake
project areas.
The Eldorado & Contact Lake regions
are characterized by poly-metallic mineralization that may be amenable
to either bulk tonnage or underground poly-metallic mining techniques.
CHINA
3C GROUP (OTCBB: CHCG)
"Up 18.8% on Friday"
Detailed
Quote: http://www.otcpicks.com/quotes/CHCG.php
China 3C Group is a leading retail
chain operating retail outlets in Eastern China. The company specializes
in selling 3C products (communication, information technology and
digital) in China. Among China 3C's primary attributes is its efficient
distribution network and rapid logistics system. The company's goal
is to become the number one retailer of 3C products in China. For
more information, visit http://www.china3cgroup.com.
CHCG News:
September
14 - China
3C Group Announces Conf. Call September 17
China 3C Group (OTCBB: CHCG), a retailer
and distributor of consumer and business products in China, announced
it will hold a conference call with Mr. Wang, chairman and CEO, on
Monday, September 17 at 10 a.m. Eastern Daylight Time. The call will
cover recent company developments.
To participate, call toll free (888)
459-5609 any time after 9:50 a.m. EDT on September 17. International
and local callers should dial (973) 321-1024. Upon dialing in, reference
conference ID number 9250465 with moderator Joseph Levinson. While
in conference, if callers should experience any difficulty or require
operator assistance, they can press the (*) followed by the (0) button.
This will call an operator to the line.
WASTE
RECOVERY INC (OTC: WRII)
"Up 18.5% on Friday"
Detailed
Quote: http://www.otcpicks.com/quotes/WRII.php
Waste Recovery, Inc. is a development
stage corporation mandated by its shareholders to seek out business
opportunities to acquire or merge with to create value for its shareholders.
WRII News:
September
14 - Waste
Recovery, Inc. Announces Its Merger With DR Entertainment Group (MINXX
Gentlemen's Club) of Las Vegas, Nevada
Waste Recovery, Inc. (OTC: WRII) recently
announces its merger partner to be DR Entertainment Group of Las Vegas,
Nevada. DR Entertainment Group is the parent company of the world
famous MINXX Gentlemen's Club also located in Las Vegas.
DR Entertainment Group is the sole
owner of the real estate asset including the building which is approximately
10,500 square feet. The real property is estimated to be valued at
approximately $10 million. MINXX Gentlemen's Club is a world class
adult entertainment facility and is frequented by many celebrities
and influential patrons. The club is located at 4636 Wynn Road in
Las Vegas near the Rio Hotel and Casino, and the Palms Hotel and Casino.
DR Entertainment Group has a strong
market growth plan. The plans include growing local and tourist traffic
to its existing MINXX location, and an aggressive acquisition strategy
where DR/MINXX will merge with other Gentlemen's Clubs. These newly
acquired clubs will be rolled in under the MINXX label and upgrade
to the MINXX standard of high end entertainment facility. |