For Tuesday, February
12th
PTSH,
NYNY, SYDI, ABVG, CCYG, HICKA
Our Stocks to Watch tomorrow include
PTS, Inc. (OTCBB: PTSH), Empire Resorts, Inc. (NASD: NYNY), Syndication
Inc. (OTCBB: SYDI), ABV Gold (OTC: ABVG), CellCyte Genetics Corporation
(OTCBB: CCYG) and Hickok Incorporated (OTCBB: HICKA).

PTS INCORPORATED
(OTCBB: PTSH)
"Up 133.33% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/PTSH.php
PTS, Inc., through its subsidiaries, engages
in the manufacture, sale, and distribution of automated glove dispensing
system. The company owns the rights to the patented Glove Box, a dispenser
of disposable latex gloves, to market in the United States and Asia. In
addition, PTS provides various services, including inspections of facilities,
production of accessibility reports, consultation, expert witness services,
review of policies, and procedures of the client. The company was founded
in 1996 and is based in Las Vegas, Nevada.
PTSH News:
February 11 -
Disability Access Corporation's Board Approves Introduction of Proprietary
Software into China
Disability Access Corporation (OTC: DBYC), a subsidiary
of PTS, Inc. (OTCBB: PTSH), updates shareholders with the following information.
Peter Chin, CEO of PTS, Inc. and Disability Access Corporation,
has just completed a trip to Asia and reported he received excellent response
from certain parties which showed great interest both of the public (Government)
and private sectors in China.
The parent Company of DAC, PTS, Inc., has elected to
continue to grow the business of DAC and continue to reinvest in DAC’s
proprietary technology as well as its product development.
The New Year is off to a good start at Disability Access
Consultants, Inc. and we thought it would be an appropriate time to briefly
address some questions we’ve recently received from shareholders.
Regarding our growth prospects, the Company has decided
to devote resources to developing alternative commercial uses for its
proprietary technology and product development software. Towards this
end, the Board of Director has elected to expand its software customer
market base into Asia where certain parties have shown great interest
in the Company’s proprietary technology. The Company’s Board
feels this will maximize growth opportunities as well as yielding enhanced
shareholder value for the long term.
Regarding questions to our financial performance for
2007, the Company is in the midst of its annual audit and, as such, it
would be improper to comment on the Company’s specific financial
results. However, it would be fair to say that the Company’s financial
performance for 2007 will be reported as a significant improvement over
2006. Just as soon as the audit is concluded, the Company will promptly
release those results.
Regarding the status of new contracts and business development,
while the Company continues to enjoy certain long term client contract
relations, which provides an excellent baseline of annual revenue, the
Company continues to expand its client base among public and private entities.
The Company has several contracts in the final stage of negotiations,
for the current first quarter, and will inform shareholders as soon as
these are finalized.
Additionally, pending Federal government funding and
allocation, the Company is a candidate for a very significant services
contract to the Federal Government. Further, the Company continues to
receive solicitations from both private and state government sectors to
make its proprietary software available for licensed use. Management feels
strongly that it will be the same within Asia. The potential licensing
of the software has been a key long-term business goal of the Company
and the demand has been deemed to be large enough to warrant continued
and further development of that business opportunity.
ABOUT DISABILITY ACCESS CONSULTANTS, INC.
Disability Access Corporation, Inc. conducts
facility inspections, policy reviews and program analyses in addition
to a comprehensive continuum of other compliance services. Over 54 million
people in the United States have a disability, a number equal to 20% of
the population. The Americans with Disabilities Act of 1990 requires all
organizational entities, public or private, with more than 15 employees,
to provide equal access for individuals with disabilities. It’s
estimated that there’s more than seven million sites at risk across
the US. For more information about DAC, visit www.adaconsultants.com.
EMPIRE
RESORTS INCORPORATED (NASD: NYNY)
"Up 58.11% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/NYNY.php
Empire Resorts, Inc., through its subsidiaries,
operates in the hospitality and gaming industries in New York. It owns
and operates Monticello Raceway, a harness horseracing facility, which
conducts pari-mutuel wagering through the running of live harness horse
races, the import simulcasting of harness and thoroughbred horse races,
and the export simulcasting of its races to offsite pari-mutuel wagering
facilities. As of December 31, 2006, the company operated 1,587 video
gaming machines at the grandstand of Monticello Raceway. It also has an
agreement with the St. Regis Mohawk Tribe to develop and manage a Class
III Indian casino adjacent to Monticello Raceway. Empire Resorts, Inc.
was founded in 1993 and is based in Henderson, Nevada.
NYNY News:
February 11 -
Empire Resorts and Concord Associates Conclude Agreement to Develop a
$700 Million Entertainment and Gaming Complex in the Catskills
Federal, State, Local Leaders Praise Project
as Timely Stimulus for Upstate Economy
Empire Resorts, Inc. (NASD: NYNY) announced an agreement
with Concord Associates L. P. to relocate the Monticello Gaming and Raceway
to a 160-acre parcel of land at the site of the historic Concord Hotel.
Closing under the agreement is subject to various approvals and closing
conditions. Construction is expected to commence later this year, with
a grand opening in 2010.
Under the agreement, a world-class gaming and entertainment
facility will be developed at the site. The centerpiece of the project
is a $700 million “Entertainment City,” which is expected
to include a 100,000 square foot gaming area, convention center, hotel,
golf , retail stores, restaurants and various family entertainment activities.
The 1.5 million-square foot facility has already received required zoning
and final site plan approvals. The gaming floor will be built within the
hotel, adjacent to a new 5/8th mile, state-of-the-art harness track. Upon
approval and completion of construction, the company expects to more than
double Empire’s current contribution to New York State to approximately
$70 million per year, which goes to fund education.
Federal, state and local community leaders applauded
the announcement:
U.S. Rep. Maurice Hinchey said: "This is an exciting
opportunity for the Catskills and it has the potential to serve as a foundation
for economic growth in the region. I look forward to working with the
community and developers to realize this exciting potential."
Assembly Member Aileen Gunther said: "I think this
reconfiguration is an excellent plan for Sullivan County. The jobs and
economic stimulus are vital to Sullivan County. Creating a resort destination
with convention facilities is what we need to revive the local economy.
The racing industry and horsemen will also benefit from a new state of
the art racetrack and increased attendance."
Senator John Bonacic said: “We have seen various
plans for the redevelopment of the Concord over the years. The current
plan sounds very positive. We look forward to seeing a shovel in the ground
so that both construction and long-term jobs can be created and sustained.”
Jonathan Rouis, Chairman of the Sullivan County Legislature,
said: "This project as it is currently proposed is a tremendous economic
boon for Sullivan County. The "Entertainment City" will bring
millions of dollars in revenue into Sullivan County each year and I know
the economic stimulus of a project of this scope will be widespread. In
light of recent events, I am pleased by the renewed commitment to Sullivan
County these corporations have made today through this agreement."
Jim Barnicle, Mayor of Monticello, said: “The
Village of Monticello stands side by side with Empire Resorts as a partner
due to their long history of generosity and continued commitment to the
village. We look forward to the future plans of the existing racetrack
property and the new endeavors at the Concord.”
L. Todd Diorio, President of the Hudson Valley Building
and Construction Trades Council, said: “This project will create
thousands of construction jobs for the local trades. Empire Resorts and
Concord Associates have committed to build this project union, ensuring
good wages and benefits. Construction workers from Sullivan County desperately
need this project to move forward. This is an opportunity to work in their
home county once again. There’s nothing negative about this project.”
Peter Ward, President of the New York Hotel and Motel
Trades Council, AFL-CIO said: “This is a particularly exciting project
that will create good union jobs and provide workers in the area with
a living wage, affordable healthcare and a dignified retirement. I commend
Empire Resorts and Concord Associates for their commitment to fostering
responsible economic growth in the region.”
Empire and Concord senior management expressed the desire
to work with federal, state, and local officials on a concerted effort
to bring this project to fruition as soon as possible.
David P. Hanlon, CEO of Empire, said: “This is
a win across the board for Empire’s shareholders and Sullivan County’s
residents. The local economy will get the boost it needs in terms of jobs
and this project is expected to enhance the value of the company for our
shareholders, who will finally be rewarded for their patience in waiting
for the day when we can build a world-class resort and gaming complex
in the Catskills.”
Louis R. Cappelli, Managing Member of Concord
Associates, said: “This ambitious project will create thousands
of union jobs for the region and the Catskills, which will now be able
to once again claim the coveted position of being New York’s premier
tourist destination. This project is a winner for education and union
employment, and will provide additional revenue for local, county and
state governments. The creation of thousands of jobs will permeate throughout
the entire upstate economy and bring the former Concord Hotel, back to
its glory as one of the region’s truly great convention, destination
and resort hotels.”
SYNDICATION
INCORPORATED (OTCBB: SYDI)
"Up 54.55% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/SYDI.php
Syndication, Inc., a development stage
company, operates as a consulting company. It acquires controlling interests
in or to participate in the creation of, and to provide financial, management,
and technical support to development stage businesses, e-commerce businesses,
and traditional brick-and-mortar businesses. The company assists target
companies in various capacities, including the development and implementation
of business models to provide solutions to traditional companies; building
corporate infrastructure; managing rapid growth; evaluating and negotiating
corporate transactions; and providing advice relating to corporate finance,
financial reporting, and accounting operations. Syndication, through its
subsidiary, Syndicated Properties, also involves in real estate appraisal,
evaluation, and development. The company was formerly known as Syndication
Net.com, Inc. and changed its name to Syndication, Inc. in April 2006.
Syndication is headquartered in Washington, D.C.
SYDI News:
February 11 -
Syndication Inc. Revenue Production Doubles Projections
Syndication Inc. (OTCBB: SYDI) is proud to report that
its spinal decompression division shattered its opening week revenue projections
at its new Rockville / Gaithersburg Center. In its first week of business
the unit billed over $13,000 in treatments, more then doubling the Company's
new center projections. "As a result of this performance we have
adjusted the unit's first 90 day revenue projections up to $120,000 from
$60,000 and feel confident in achieving that goal," said Brian Sorrentino,
Syndication Inc. CEO. The significance of this number is overwhelming
for a first week. Marketing in this area has just begun and is now gaining
strength. Professionals in both the medical and legal arena have begun
to inquire as to the availability of treatments for their patients and
injury clients. "We are truly proud of this opening week performance
and are gaining confidence in our business plan. It truly demonstrates
to all our shareholders and future shareholders that our business plan
is on a track to success. We have now targeted the location of our next
unit and are moving forward aggressively," said Mr. Sorrentino.
ABV
GOLD INCORPORATED (OTC: ABVG)
"Up 42.86% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/ABVG.php
ABV Gold is a publicly traded, junior
mining exploration company headquartered in Montreal, Canada. The company
pursues the acquisition and development of mining properties known to
contain significant mineral assets, principally uranium and or gold. For
additional information, please visit the corporate website at www.abvgoldinc.com.
ABVG News:
February 11 -
ABV Gold Inc. Reports on the Closing of the Purchase of a Mining Interest
From Red Tarmac Inc.
ABV Gold (OTC: ABVG) (Frankfurt: AB8), a gold and other
precious metals mining company, announced that it has scheduled a closing
on February 22, 2008, for the acquisition of a mining interest from Red
Tarmac Inc. Representatives of ABV Gold Inc. will be in Europe on that
date to close with Red Tarmac Inc. This acquisition was announced as an
LOI on January 18, 2008.
"We are pleased that our deal with Red Tarmac Inc.
is scheduled to close on time. The working interest of 12% in this mine
represents a value of $396 million for ABV Gold Inc. shareholders. The
mine has enormous reserves and should prove to be a great long-term investment.
The project is going to be a centerpiece for ABV Gold Inc. Shareholders
can expect more updates in a timely manner," said Daniel Ryan, CEO
of ABV Gold Inc.
CELLCYTE
GENETICS (OTCBB: CCYG)
"Up 33.33% on Monday"
Detailed
Quote: http://www.otcpicks.com/quotes/CCYG.php
Cellcyte Genetics Corporation, a development
stage biotechnology company, engages in the discovery and development
of stem cell enabling therapeutic products. It is developing clinical-stage
therapeutic agents and treatments for oncology, diabetes, heart, liver,
lung, and kidney diseases, as well as for stem cell bone marrow and organ
transplants. The company's development-stage products include CCG-TL35
compound to deliver stem cells to repair the liver and CCG-TL40 for the
delivery of stem cells to repair the lungs. CellCyte Genetics' therapeutic
discoveries are combined with a platform of device technologies to enhance
stem cell interventions and other cellular therapy approaches. The company
was founded in 2005 and is based in Bothell, Washington.
CCYG News:
February
11 - CellCyte
Genetics Corp. Continues to Move Its Technology Forward in Light of Plaintiff
Law Firm Press Releases
In response to the recent comments by certain plaintiff
law firms regarding their filing of class action lawsuits, CellCyte Genetics
Corporation (OTCBB: CCYG) (the "Company") asserts that the pending
claims are without merit and will be shown to be so in a court of law.
To that end, CellCyte has retained the international law firm of Duane
Morris LLP as its counsel and will defend itself vigorously in these matters.
Concurrently, the Company will continue its commitment to and pursuit
of its policy of ensuring that its operations comply with all applicable
laws.
"CellCyte is founded on patented technology discovered
by and licensed from the US Department of Veteran Affairs. We continue
a solid and aggressive development plan for this important technology
for the delivery of adult stem cells to the human heart," said Gary
A. Reys, Chairman and CEO of CellCyte. "Our highly skilled management
and scientific team are committed to developing our technologies to their
fullest potential and we continue to be actively involved in collaborations
with the Cleveland Clinic and other research leaders".
"Further," Reys said, "CellCyte is actively
moving its intellectual properties through the US patent and Trademark
office to insure that our technologies are well protected, which is one
of the cornerstones of any biotechnology company which helps insure our
shareholders a solid and protected technology base. Our most recent patent
was issued in November 2007 that covers CellCyte's lead composition. This
most recent patent milestone gives CellCyte three fully issued patents."
CellCyte Genetics continues to be actively engaged in
carrying out its business plan and corporate objectives as stated in the
company's literature and filings. This fact is further evidenced by such
major advances as its move to the Company's new 26,000 foot facility and
corporate offices in Bothell Washington and its continued business development
efforts headed by Tony Colasin, who was previously Senior Director of
Business Development at ICOS, which was recently acquired by Lilly.
HICKOK
INCORPORATED (OTCBB: HICKA)
"Up 62.50% on Friday"
Detailed
Quote: http://www.otcpicks.com/quotes/HICKA.php
HICKOK INCORPORATED designs and manufactures
diagnostic tools for automotive diagnostics and testing in the United
States and internationally. The company operates in two segments, Indicators
and Gauges, and Automotive Related Diagnostic Tools and Equipment. The
Indicators and Gauges segment manufactures and sells aircraft and locomotive
cockpit instruments, precision indicating instruments, and the DIGILOG
instrument, a customizable indicator to the companies that manufacture
or service business and pleasure aircraft; and indicators and gauges to
original equipment manufacturers, servicers of locomotives, and operators
of railroad equipment in the locomotive industry. The Automotive Related
Diagnostic Tools and Equipment segment provides products to support the
testing or servicing of automotive systems using electronic means to measure
vehicle parameters; vehicle emissions testing equipment; and fastening
control products used by manufacturers to monitor and control the nut
running process in assembly plants. It sells its products to several automotive
OEMs, and to the aftermarket using jobbers, wholesalers, and mobile distributors.
HICKOK INCORPORATED was founded in 1915 and is headquartered in Cleveland,
Ohio.
HICKA News:
February 11 -
Hickok Incorporated Reports First Quarter Operating Results
Hickok Incorporated (OTCBB: HICKA), a Cleveland based
supplier of products and services for automotive, emissions testing, locomotive,
and aircraft industries, today reported operating results for its fiscal
2008 first quarter ended December 31, 2007.
For the quarter ended December 31, 2007, the Company
recorded net income of $1,108,889 or 90 cents per share, compared with
a net loss of $390,744 or 32 cents per share, in the same period a year
ago. Sales in the first quarter were $7,241,412, up 230% from $2,191,630
a year ago.
Robert L. Bauman, President and CEO said the first quarter
results were unusually strong due to shipments of equipment to customers
participating in the California Evaporative Emissions Testing Program
that the state implemented December 1, 2007. Although the program is largely
behind us we are hopeful that the success of the program will encourage
other states to consider such programs, he said. He also said that automotive
aftermarket sales were weak in the quarter and that he expects the weakness
to continue in the second quarter, however, the Company expects the market
to get stronger as the year progresses. He added that a project for testing
diesel engine fuel injectors is progressing well and the Company believes
it will result in substantial orders later this year.
Backlog at December 31, 2007 was $885,000 a slight increase
from the backlog of $880,000 a year earlier. The increase was due primarily
to increased orders for automotive diagnostic products to automotive OEM's
and aftermarket products which include emissions products of $17,000 and
$67,000 respectively. These increases were offset in part by a decrease
in indicator products of approximately $79,000. These lower levels of
backlog are more typical for the Company versus the large backlog level
at September 30, 2007 of $5,756,000. The Company anticipates that most
of the current backlog will be shipped in fiscal 2008.
The Company's financial position remains strong, with
current assets of $8,718,219 that are 10.1 times current liabilities,
and no long-term debt, and working capital of $7,856,399. At December
31, 2007 shareholder's equity was $9,667,613 or $7.82 per share.
Hickok provides products and services primarily for
the automotive, emissions testing, locomotive, and aircraft industries.
Offerings include the development, manufacture and marketing of electronic
and non-electronic automotive diagnostic products used for repair, emission
testing, and nut- running electronic controls used in manufacturing processes.
The Company also develops and manufactures indicating instruments for
aircraft, locomotive and general industrial applications and provides
repair training programs. |