MGEN,
PDGT, EXAS, ITRO, PAYI, FLIP
Our Stocks to Watch tomorrow include
Med Gen Inc. (OTCBB: MGEN), Paradigm Tactical Products Inc. (OTC:
PDGT), EXACT Sciences Corporation (NASD: EXAS), Itronics Inc. (OTCBB:
ITRO), Pay88 Inc. (OTCBB: PAYI) and FTS Group, Inc. (OTCBB: FLIP).

MED
GEN INCORPORATED (OTCBB: MGEN)
"Up 100.00% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/MGEN.php
Med Gen, Inc. manufactures and markets
healthcare products, primarily to the market for alternative therapies.
Its flagship product is SNORenz, a throat spray, which reduces or eliminates
the sounds ordinarily associated with snoring. The company also provides
other products, including Good Nights Sleep, a liquid throat spray formulation
for sleep aide; PAINenz, a roll-on topical pain relief product for reducing
the pain common to arthritis sufferers, normal aches, and pains due to
exercise and other muscle stress, simple backache pain, and muscle sprains;
and Fab U Lust a roll-on dispenser to dispense the ingredients for a female
clitoral stimulant. In addition, Med Gen offers the UNDIET SYSTEM, a weight
loss program; and markets CigarHolder, a plastic clip and holder capable
of holding two cigars. The company sells its products through DRTV television
and print advertising campaigns, as well as company owned and operated
Web sites direct to the consumer, and through various distribution agreements.
It also markets its products under various private labels for other distributors
in the United States and internationally. Med Gen was founded in 1996
and is headquartered in Boca Raton, Florida.
MGEN News:
March
5 - Med Gen Revenue
Increases 291%
Med Gen Inc. (OTCBB: MGEN), manufacturers of nationally
branded OTC healthier life products and specialty financial services,
reports that revenue increased to $689,244, a 291% increase as compared
to last year five month year-to-date comparisons.
“This increase is primarily due to the Financial
Services division and does not factor in any increase in product sales
which should start in March, as the company rolls out its advertising
campaigns for Snorenz®, Painenz®, Good Nights Sleep®, The
CigarHolder™ and Fab U Lust™,” said Paul Mitchell company
President.
Management expects to show significant gains in
its second quarter ending March 31, 2008.
PARADIGM
TACTICAL PRODUCTS (OTC: PDGT)
"Up 80.00% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/PDGT.php
Paradigm Tactical, based in Georgetown,
Massachusetts, is a leading provider of non-lethal defense and homeland
security solutions to corrections law enforcement and security industry.
The Company owns rights to license, manufacture, market, and sell all
of its devices. As the heightened attentiveness to terrorist and other
security threats continue to increase, Paradigm Tactical is meeting the
higher demand for security and inspection systems. The Company has sold
products to numerous Federal, State, and local institutions.
PDGT News:
March
6 - Paradigm
Tactical Products to Make Imminent Announcement on New Product License
Agreement
Paradigm Tactical Products Inc.(OTC: PDGT), a leading
provider of non-lethal defense and homeland security solutions to corrections,
law enforcement and the security industry, entered into a Letter of Intent
on January 24th, 2008 to market a new patented product line. The Letter
of Intent also provides for an option to purchase and first right of refusal
of the patent and its associated technology.
Mr. Cammarata stated, “We are very proud
to have completed a key transaction for the future of Paradigm Tactical
Products. My first 6 months with the company have been both challenging
and rewarding. We have made monumental progress in developing both a private
and public sector distribution network for existing and future products.
Our newest product, that we intend to unveil next week, is a milestone
achievement. We expect the 2008 revenue from this product will exceed
the total revenue from the last 3 years combined. Just as significantly
is that Paradigm Tactical Products will now define itself far beyond the
narrow limited focus that it previously had and position itself as a true
Homeland Security company.”
EXACT
SCIENCES CORPORATION (NASD: EXAS)
"Up 44.98% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/EXAS.php
EXACT Sciences Corporation, an applied
genomics company, develops proprietary DNA-based technologies for use
in the detection of cancer. The company licenses its technologies for
use in a commercial testing service and marketed under the name PreGen-Plus.
PreGen-Plus is a non-invasive stool-based DNA testing service for the
detection of colorectal cancer in the average-risk population. It has
strategic alliance with LabCorp to commercialize PreGen-Plus. The company
was founded in 1995 and is headquartered in Marlborough, Massachusetts.
EXAS News:
March
6 - Colorectal
Cancer Screening Guidelines Released by the American Cancer Society Include
EXACT Sciences' Stool DNA Technology
Non-invasive Screening Option Has Potential to
Save More Lives
EXACT Sciences Corporation (NASD: EXAS) announced that
the Company’s non-invasive, stool-based DNA (sDNA) technology is
included in the updated guidelines for colorectal cancer screening released
by the American Cancer Society’s (ACS). The guidelines were developed
by the ACS in collaboration with the U.S. Multi-Society Task Force on
Colorectal Cancer (a group comprised of representatives from the American
College of Gastroenterology, American Gastroenterological Association,
and American Society for Gastrointestinal Endoscopy), and the American
College of Radiology.
“In addition to colonoscopy and other previously
recommended tests, two new options have been included in the guidelines
for colorectal cancer screening; stool DNA testing and CT colonography,”
said Dr. Sidney Winawer, Attending Gastroenterologist and Paul Sherlock
Chair in Medicine at Memorial Sloan-Kettering Cancer Center. “We
hope that these two new options will encourage more people to come in
to be screened so that the death rates of this cancer can be further reduced.”
EXACT Sciences developed its sDNA technology based on
the groundbreaking work of Drs. Bert Vogelstein, Kenneth Kinzler and colleagues
at Johns Hopkins University, who discovered how colorectal cancer develops
at the molecular level. Over time, cells lining the colon accumulate alterations
and mutations in their DNA. Pre-cancerous lesions, such as adenomas, and
colorectal cancers continuously shed cells into the stool. The altered
DNA from these cells is released as the cells breakdown in the stool.
EXACT’s stool-based DNA technology was designed so that a stool
sample could be collected in the privacy of one’s home and shipped
to a laboratory for testing. The laboratory isolates and amplifies the
DNA from the sample, and analyzes it for DNA mutations and alterations
that are known to be associated with colorectal cancer.
“These updated guidelines are a strong endorsement
of sDNA technology for detecting colorectal cancer, and a major step forward
for the millions of Americans over the age of 50 who have been unwilling
or unable to use existing screening methods for detecting colorectal cancer,”
said Jeffrey Luber, President of EXACT Sciences Corporation. “Because
sDNA technology is a completely non-invasive approach that does not require
bowel preparation, published studies demonstrate strong patient preference
and compliance with sDNA screening relative to other methods. We believe
that these benefits will facilitate more screening and lead to more lives
saved over time.”
"The colorectal cancer screening guidelines released
by the American Cancer Society are an important event in the battle against
colon cancer," said David King, President and CEO of Laboratory Corporation
of America, licensee of EXACT's stool-based DNA screening technologies.
"We applaud the committee's decision to include this important non-invasive
technology in the guidelines."
Colorectal cancer is the most deadly cancer among non-smoking
men and women in the United States, and the second most deadly cancer
overall. It is estimated that nearly 150,000 cases will be diagnosed and
50,000 deaths are anticipated in 2008 due to this disease.1 Despite the
availability of colorectal cancer screening and diagnostic tests for more
than 20 years, the rate of early detection of colorectal cancer remains
low, and deaths remain high. It is estimated that roughly one-third of
colorectal cancer-related deaths could be saved if more people underwent
regular screening. Early diagnosis results in a greater than 90 percent,
five-year survival rate.
The new colorectal cancer screening guidelines are expected
to appear in the May/June issue of CA: A Cancer Journal for Clinicians
and are published early online in CA First Look at http://caonline.amcancersoc.org/.
They are also expected to be published in the upcoming issues of the journals
Gastroenterology and Radiology.
EXACT Sciences will hold a conference call to discuss
the updated national colorectal cancer screening guidelines, as well as
other business activities, including the Company’s recent meeting
with the U.S. Food and Drug Administration and current regulatory strategy
at 4:30pm ET, March 6, 2008.
Information for the call is as follows:
Domestic callers: 800-706-7741
International callers: 617-614-3471
Participant Passcode: 73576907
The conference call replay information is as follows:
Domestic callers: 888-286-8010
International callers: 617-801-6888
Participant Passcode: 73080827
A live webcast of the conference call can be accessed
at www.exactsciences.com through
the Investor Relations link. The conference call and the webcast are open
to all interested parties. An archived version of the webcast will be
available at EXACT Sciences’ web site, www.exactsciences.com,
through the Investor Relations link, for one month. A replay of the conference
call also will be available for 48 hours, beginning two hours after the
completion of the live call.
The webcast is also being distributed over CCBN’s
Investor Distribution Network to both institutional and individual investors.
Individual investors can listen to the call through CCBN’s individual
investor center at www.companyboardroom.com
or by visiting any of the investor sites in CCBN’s Individual Investor
Network. Institutional investors can access the call via CCBN’s
password-protected event management site, StreetEvents (www.streetevents.com).
ITRONICS
INCORPORATED (OTCBB: ITRO)
"Up 36.36% on Thursday"
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 6 -
Itronics Will Report First Quarter Sales Increase; Updates Silver Refinery
Expansion and GOLD'N GRO Guardian Deer Repellent Fertilizer Registration
Itronics Inc. (OTCBB: ITRO) (Frankfurt: ITG.F) (Berlin:
ITG.BE) reported that its first quarter sales are increasing in strong
silver, fertilizer, and gold markets.
"Itronics GOLD'n GRO fertilizer division ended
February with the largest backlog of truck load orders in the Company's
history," said Dr. John Whitney, Itronics President. "Silver
sales in January and February were about equal to last year's full first
quarter. The Mining Technical Services division sales were also up in
the first two months and visitor traffic to the InsideMetals.com web site
is continuing to increase."
"The sales increases are expected to grow as the
year progresses. Silver prices, fertilizer demand and prices, and gold
prices are at all time highs," said Dr. Whitney. "Itronics,
with its innovative photochemical recycling technology that completely
converts the waste stream to pure silver and environmentally compatible,
high quality GOLD'n GRO liquid fertilizers, is now benefiting from these
strong markets."
The Company has completed temporary installation and
start up of a new screening machine for its refinery that will produce
an increase in silver output and sales in March and future months. Silver
prices are now in the $20 per ounce range, making this incremental expansion
very timely.
The Company has completed a detailed deer damage study
which indicates that deer damage in suburban America is in the $5 billion
per year range and that sales of its GOLD'n GRO deer repellent fertilizer
could top $200 million annually. The U.S. Environmental Protection Agency
has indicated that the Company will receive a GOLD'n GRO Guardian deer
repellent registration sometime in May or June 2008. The Company is now
anticipating that GOLD'n GRO Guardian deer repellent fertilizer sales
can begin in the third quarter of this year.
PAY88
INCORPORATED (OTCBB: PAYI)
"Up 88.37% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/PAYI.php
Pay88, Inc. engages in the distribution
and reselling of prepaid online video game cards and prepaid telephone
cards that allow the user to play online video games for designated allotted
times. It offers online multiplayer game time, as well as a range of prepaid
digital cards, including online multiplayer game cards, phone cards, and
education cards; and other consumer products through distribution networks
in Chongqing, China and through www.iamseller.com,
a platform for transferring money and making online purchases. The company
also intends to build a Web distribution platform to provide services
for connecting diversified service providers and consumer product suppliers
to retailers and consumers in the Chinese market. Pay88, Inc. was founded
in 2006 and is headquartered in Barnstead, New Hampshire.
PAYI News:
March
3 - Pay88 Inc.
Reports Strong Fourth Quarter Revenue Growth for 2007
Pay88 Inc. (OTCBB: PAYI), a provider of prepaid digital
cards, focusing on online multiplayer games, announced financial results
for the fourth quarter ending December 31, 2007.
Revenues for the fourth quarter of 2007 are estimated
to be approximately $4.25 Million USD, up almost 300% from the quarter
ended September 30, 2007. The increase was driven by broad-based growth
across the company's range of products and services and their carefully
executed expansion into new targeted markets.
"We are right on target," Mr. Guo Fan, President
of Pay88, commented. "We are consistently increasing our sales every
month. We've had a good year and have built a solid foundation for the
company. The success of the expansion into new markets and the $1.5 M
USD that was raised last year will provide tremendous momentum as we start
this new year."
FTS
GROUP INCORPORATED (OTCBB: FLIP)
"Up 25.45% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/FLIP.php
FTS Group, Inc., through its subsidiaries,
engages in the retail distribution of next generation wireless communications
and entertainment products and services for businesses and consumers in
the United States. The company operates as a regional service provider
and retail distributor of satellite television systems and services for
DISH Networks. It installs satellite television systems sold by DISH networks,
as well as markets, sells, and installs satellite systems for DISH Networks
through its retail location in Indiana, Pennsylvania. The company also
distributes wireless communications products, such as cell phones, PDAs,
and related communication devices and accessories through a chain of retail
locations to customers in the Gulf Coast region of Florida and nationally
over the Internet. It also operates an online wireless business at www.CellChannel.com.
FTS Group has strategic partnerships with Metro PCS; and DISH Networks.
The company was founded in 1997 as Full Tilt Sports, Inc. and changed
its name to FTS Apparel, Inc. in 2000. Further, it changed its name to
FTS Group, Inc. in 2004. FTS Group is based in Tampa, Florida.
FLIP News:
March
6 - FTS Group
Signs Letter of Intent to Acquire $25 Million IT Solutions Provider
FTS Group, Inc. (OTCBB: FLIP), an acquisition and development
Company generating positive cash-flow on over $7 Million in annual sales
for 2007, announced that it has entered into a letter of intent to acquire
a leading IT Solutions provider on pace to generate over $25 Million in
profitable sales for 2008. FTS Management expects the deal to close in
the next week.
FTS Chairman and CEO Scott Gallagher commented, "We've
been working on this deal for over two months and now expect it to close
in the next week or so. The deal turns FTS into a Company with over $30
Million in annual sales overnight. Shortly after closing the acquisition
we'll be providing our stockholders with financial guidance for 2008 in
both top line sales and cash flow for the consolidated Company. The deal
will be immediately accretive to earnings and the most exciting piece
to me, is that the deal is virtually non-dilutive to the current stockholders.
We'll be assuming non convertible debt and are finalizing a $3.5 to $5
Million revolving note with our lead fund required to close the transaction."
FTS will host an investor conference call shortly after
closing to discuss its fiscal 2008 expectations. |