Friday, August 10, 2007
Aug. 10, 2007 (M2 Communications Ltd. delivered by Newstex) --
Our Stocks to Watch today include Inform Worldwide Holdings (OTCBB: IWWI) Medina International Holdings (OTCBB: MIHI), GigaBeam Corp. (NASD: GGBM), Americas Wind Energy (OTCBB: AWNE), Quintek Technologies (OTCBB: QTEK)
INFORM WORLDWIDE HOLDINGS INC (OTCBB: IWWI) 'Up 1.19% in morning trading'
Detailed Quote: http://www.otcpicks.com/quotes/IWWI.php
Company Profile: http://www.otcpicks.com/profiles/iwwi/index.php
Inform Worldwide Holdings, Inc. (OTCBB: IWWI) is identifying and pursuing revenue opportunities in natural resources development and servicing. The Company recently entered into an agreement with Soam Oil & Gas Investments, LLC to acquire Soam's interest in two significant oil and gas projects in Osage County, Oklahoma and is also acquiring surface coal leases in Indiana County, Pennsylvania.
The Company was incorporated as Anything, Inc. in August, 1997 and operated as an e-commerce service provider. It was re-named Inform Worldwide Holdings, Inc. in 2000 and was a provider of E-commerce services which included location-aware internet applications. More recently, the Company shifted its business focus to natural resource development and servicing.
IWWI News:
August 6 - Inform Worldwide Holdings, Inc. Announces Independent Contractor and Contract Mining Agreements
Inform Worldwide Holdings, Inc. (OTCBB: IWWI) (the 'Company') announced today that its subsidiary, One World Energy Corporation ('OWEC'), has entered into an Independent Contractor Agreement ('Contractor Agreement') with Ralph Smith & Son, Inc. ('Smith') under which OWEC has granted Smith the right of first refusal as mining operator for surface coal mining projects OWEC acquires. OWEC will provide the necessary operating capital and equipment for each project. Smith will receive forty percent (40%) of the net revenue generated from each project. As additional consideration for entering into the Contractor Agreement, Smith assigned all rights and privileges to the Motoncha and Selinger Leases ('Leases'). With the assignment of the Leases, OWEC now has completed acquisition of all the leases that make up the Nowrytown No.1 Mine Site. The Nowrytown No.1 Mine Site consists of 293 permitted acres and has historically produced approximately 3,000 tons of coal per month.
In addition, OWEC and Smith entered into a Contract Mining Agreement for the Nowrytown #1 Mine project, pursuant to which, as mentioned above, Smith will receive forty percent (40%) of the net revenue with OWEC providing the operating capital and equipment for the project.
August 8 - Wall Street News Alert Issues Special Alert on IWWI, August 8, 2007
Wall Street News Alert's 'stock to watch' this morning is Inform Worldwide Holdings, Inc. (OTCBB: IWWI)
Having just recently received a $4.20 price target by Beacon Equity Research (details below), Inform Worldwide Holdings, Inc. (OTCBB: IWWI) should have investors watching this stock closely. Recently the company issued a press release announcing that its subsidiary, One World Energy Corporation ('OWEC'), has entered into an Independent Contractor Agreement ('Contractor Agreement') with Ralph Smith & Son, Inc. ('Smith') under which OWEC has granted Smith the right of first refusal as mining operator for surface coal mining projects OWEC acquires. In addition, the Company and Beckham have entered into a Coal Bed Methane Lease covering the same acreage. The Company will also be obtaining the required permitting and bonding for the site.
As IWWI aims for revenue diversification through coal mining assets, this could be great news for the company, which also previously announced the acquisition of Coal and Coal Bed Methane Leases! OWEC will provide the necessary operating capital and equipment for each project. Smith will receive forty percent (40%) of the net revenue generated from each project. As additional consideration for entering into the Contractor Agreement, Smith assigned all rights and privileges to the Motoncha and Selinger Leases ('Leases'). With the assignment of the Leases, OWEC now has completed acquisition of all the leases that make up the Nowrytown No.1 Mine Site. The Nowrytown No.1 Mine Site consists of 293 permitted acres and has historically produced approximately 3,000 tons of coal per month.
Wall Street News Alert continues to alert aggressive investors to watch this company closely, as the stock continues to garner attention from the investment community. Beacon Equity Research awarded Inform Worldwide Holdings, Inc. with $4.20 Price Target The research firm closed the report, 'We are initiating coverage of Inform Worldwide with a Speculative Buy rating and a $4.20 price target, based on a four times multiple of cash flows from the oil and gas projects and the value of Nowrytown #1 coal deposits. Future updates from the Company indicating upward revisions in oil and gas reserves, success in expanding production from the current oil and gas projects and/or the formation of additional coal mining joint ventures would likely move the share price sharply higher.'
** The full report is available at: http://www.beaconequityresearch.com/report/IWWI.pdf
With an increased demand for new US energy reserves and with production coming from two oil and gas projects, investors should continue to closely monitor the progress of this company.
The stock closed Tuesday at $2.51 a share.
In case you're not familiar with the company: Inform Worldwide Holdings, Inc. is a development stage company currently in the process of identifying, developing, and marketing global business opportunities with emphasis on natural resource development and servicing.
Ralph Smith & Son, Inc. was founder 1972 and has successfully completed thousands of mining and excavation projects and has operated as both a contract miner and operator of coal projects throughout the Appalachia region.
August 8 - Zacks Issues a new Research Report on IWWI Today
With an increased demand for new US energy reserves, and with production coming from two oil and gas projects, Inform Worldwide Holdings, Inc. (OTCBB: IWWI) is a new 'must see' stock as Stock Market Alerts initiates coverage of the company. Monday after the markets closed, the company, which recently received a $4.20 price target by Beacon Equity Research (see below), issued a press release announcing that its subsidiary, One World Energy Corporation ('OWEC'), has entered into an Independent Contractor Agreement ('Contractor Agreement') with Ralph Smith & Son, Inc. ('Smith') under which OWEC has granted Smith the right of first refusal as mining operator for surface coal mining projects OWEC acquires. In addition, the Company and Beckham have entered into a Coal Bed Methane Lease covering the same acreage. The Company will also be obtaining the required permitting and bonding for the site.
As the company aims for revenue diversification through coal mining assets, this could be great news for IWWI investors! OWEC will provide the necessary operating capital and equipment for each project. Smith will receive forty percent (40%) of the net revenue generated from each project. As additional consideration for entering into the Contractor Agreement, Smith assigned all rights and privileges to the Motoncha and Selinger Leases ('Leases'). With the assignment of the Leases, OWEC now has completed acquisition of all the leases that make up the Nowrytown No.1 Mine Site.
The Nowrytown No.1 Mine Site consists of 293 permitted acres and has historically produced approximately 3,000 tons of coal per month. Various entities in the investment community are starting to take notice of the company. Beacon Equity Research Awards Inform Worldwide Holdings, Inc. with $4.20 Price Target! The research firm closed the report, 'We are initiating coverage of Inform Worldwide with a Speculative Buy rating and a $4.20 price target, based on a four times multiple of cash flows from the oil and gas projects and the value of Nowrytown #1 coal deposits. Future updates from the Company indicating upward revisions in oil and gas reserves, success in expanding production from the current oil and gas projects and/or the formation of additional coal mining joint ventures would likely move the share price sharply higher.
To View the Full Report CLICK HERE or go to http://www.otcpicks.com/Newsletter/ZACKS_IWWIReport.pdf
Publisher's Note: IWWI had very stong trading volume days the last two days which indicated an upsurge of interest in IWWI. The IWWI stock has been flirting with its 52 week high and we believe that it is very likely to eclipse the 52 week high today. Keep an eye on IWWI today and when it gets to $2.56 it is likely to run!
MEDINA INTERNATIONAL HOLDINGS (OTCBB: MIHI) 'Up 15.22% in morning trading'
Detailed Quote: http://www.otcpicks.com/quotes/MIHI.php
Company Profile: http://www.otcpicks.com/profiles/mihi/index.php
Medina International Holdings, Inc. (OTCBB: MIHI) is focused on design, production and sales of special purpose equipment for private, state, local and federal agencies. The Company is produces commercial Fire, Rescue and Police boats utilizing the highest design and performance standards. The Company's products combine power, safety, handling and stability with a patented hull designs and equipment features tomake the boats safer, more stable and more effective. The Company's boats are designed to perform better than any other boats in the market.
With approximately 241,524 miles of waterways in the United States alone, opportunities for fire, search and rescue, and patrol boats are abundant. Assuming the need for one boat to cover each ten miles of waterway, the market is estimated at 24,152 boats for the United States alone. At $100,000 per boat, this represents a market of $2.4 billion within the United States; this is a large specialty market that the company effectively addresses with its current product offerings.
The Company has a strong and experienced senior management team that has made investors money in the past. Madhava Rao Mankal CFO & Director, has more than 28 years of experience as an executive. From 1999 to he served with Force Protection, Inc. (NASDAQ:FRPT) formerly Sonic Jet Performance, Inc as President/CFO and was a member of their Board until September 30, 2004. Rao was instrumental in arranging the acquisition of assets that drove the value of that company from roughly $1 per share to over $31 in June 2007, commanding a market cap of well over $1 billion. Rao is a Certified Chartered Accountant from India and Cost Accountant from India, and Certified Management Accountant from the USA.
Daniel Medina, President & Director, has extensive experience in every phase of operations including specific strengths in sales, marketing and manufacturing. Danny has been in the Marine products industry since 1985 as owner Lavey Craft Boat Co. from 1985-1992. From 1992- June 1997 he was partner in California Cool Custom Boats and served as the designer and manufacturer of all of their boats. From 1999 to 2001 Mr. Medina served as Director of Sales and Marketing and Production Manager for Sonic Jet Performance, Inc. and successfully increased the company revenue by 50%.
MIHI News:
August 9 - Medina International Holdings, Inc. CFO Rao Mankal Interviewed in USA Today
Medina International Holdings, Inc. (OTCBB: MIHI) Chief Financial Officer Rao Mankal was recently interviewed by USA Today. The interview discusses the evolution of Force Protection (NASDAQ: FRPT) and the role of Mine Resistant Ambush Protected (MRAP) vehicles in saving the lives of our soldiers.
Mankal was instrumental in structuring the merger that resurrected a struggling company and became a highly successful military contractor. Force Protection has received over one billion dollars in orders from the US Military to date for its MRAP vehicles.
Daniel Medina, President of Medina International Holdings, Inc., commented, 'Rao is once again back in the boat business, this time with Medina.' He added, 'We have surrounded ourselves with some of the same team members that Rao worked with at Sonic Jet, including myself. Our goals at Medina are to try and match the success that Force Protection has had in the MRAP space, in the marine space. We believe we have a fantastic product, in a niche market with unmet demand. As long as we can continue to generate interest and orders we should enjoy rapid growth and expansion for our business.'
According to Peter Eisler, author of the USA Today article, 'When U.S. forces stormed into Iraq in March 2003, the people at Force Protection had more experience selling boats than military trucks.'
The company traces its roots to Sonic Jet Performance, Inc., a California speed boat company founded in 1997. When the boat business hit tough times after the Sept. 11, 2001 terrorist attacks, company officials began looking for a new product, says Madhava Rao Mankal, then Sonic Jet's chief financial officer.
'They had just gotten a $25,000 investment from Frank Kavanaugh, a principal with the equity investment firm Ashford Capital, and he'd committed to raise far more. In return, he got a 20% stake in the business.'
Around that time, Mankal heard about Garth Barrett, a former Rhodesian military officer who had a company, Technical Solutions, that was building a new type of mine-resistant vehicle.
'The heavily armored trucks featured a V-hull design that deflected underbody blasts away from the passenger compartment, and Barrett had seen them save lives in Africa's bush wars. He'd licensed the rights from the South African manufacturer to produce two U.S. models: the Buffalo, a huge, mine-clearing truck, and the Cougar, which was smaller and more versatile.
'Their company was struggling, so we... took it over,' Mankal recalls. 'The world was in chaos, there was terrorism, and we felt there was a big market for that product.'
About Medina International Holdings, Inc.
Medina International Holdings, Inc. produces commercial fire, rescue, police and patrol boats utilizing the highest design and performance standards. The company's products combine safety, power, handling and stability with a proprietary hull design and equipment features that address specific niche markets.
With approximately 241,500 miles of waterways in the United States alone, opportunities for fire, search and rescue, and patrol boats are abundant. Assuming the need for 1 boat for every 10 miles of waterway, the potential addressable domestic market for Medina's products is $2.4 billion. International demand is even greater than domestic demand, which presents exponential growth opportunities for the company.
For more information, visit http://www.medinaih.com and http://www.medinamarine.com.
Publisher's Note: MIHI is an undiscovered stock Gem. They dynamic duo of Daniel Medina, President and Rao Mankal, CFO were the cogs involved in the skyrocketing company Force Protection which to date has received over one billion dollars in orders for the US Military to date of its MRAP vehicles. They are out to repeat history with MIHI and their specialty search and rescue, and patrol boats. With approximately 241,500 miles of waterways in the United States alone, opportunities for fire, search and rescue, and patrol boats are abundant. Assuming the need for 1 boat for every 10 miles of waterway, the potential addressable domestic market for Medina's products is $2.4 billion. International demand is even greater than domestic demand, which presents exponential growth opportunities for the company. This company is going to be hot once investors grasp what this company is all about. We believe this represents a golden opportunity for investors who are looking for a mid-term to longer term investment. MIHI will succeed. Just a matter of time.
GIGABEAM CORP (NASD: GGBM) 'Up 18.81% in morning trading'
Detailed Quote: http://www.otcpicks.com/quotes/GGBM.php
GigaBeam is a provider of high-performance wireless point-to-point communications access solutions that operate in the licensed 71-76 GHz and 81-86 GHz radio spectrum bands. GigaBeam equipment operates at multi-gigabit-per-second speeds. GigaBeam Corporation headquarters is located at 470 Springpark Place, Suite 900, Herndon, VA 20170. For more information, visit www.gigabeam.com.
GGBM News:
August 8 - GigaBeam Announces Continued Global Expansion with Penetration in Caribbean Market Servicing Primary Bank Network
GigaBeam Corporation (NASDAQ:GGBM), deploying market disruptive 'wireless fiber optics' technology to economic centers across the globe, announced today that it has received a purchase order for two WiFiber links, with an additional two links anticipated following successful installation, from a direct sale to a primary bank customer based in the Caribbean. The order underscores the inherent security of WiFiber's technology and is a compelling example of the potential for revenue opportunities in the banking industry.
The order further validates GigaBeam's commercialization strategy to penetrate major metropolitan areas around the world with next generation wireless technology that is able to bypass existing telecom infrastructure at speeds equal to 1000 DSL lines.
'We are very pleased to announce this milestone order from a large bank that is known for offering a high standard of banking services,' said Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam. 'Given the complexity and sensitivity of the information transmitted through our WiFiber product, we believe this is a significant validation of the performance and the inherent security of our technology. We expect to see several additional purchase orders from various banking institutions in the years to come.'
AMERICAS WIND ENERGY (OTCBB: AWNE) 'Up 19.35% in morning trading'
Detailed Quote: http://www.otcpicks.com/quotes/AWNE.php
AWEC is focused on the manufacturing and marketing of medium sized (900 kW) windturbines for the North American market. AWEC's strategy is to manufacture as much as possible in North America, with the intention of providing both cost effectiveness and local content. All of AWEC's projects to date have made use of local tower manufacturers.
AWNE News:
August 7 - Americas Wind Energy Corporation Announces Several New Orders for Windturbines
Americas Wind Energy Corporation's ('AWEC' or the 'Company') (OTCBB: AWNE) customer, Waverly Light and Power ('Waverly'), has announced AWEC's sale to them of two AWE 900 windturbines.
Waverly Light and Power has purchased two AWE54-900 kW wind turbines from Americas Wind Energy, Inc. in a $3.4 million investment.
The 900 kW turbines are scheduled to be in operation by the summer of 2008 and together will provide over 4 million kWhs of electricity for the community. The units will be located east of Waverly, one on the Remley Farm and the other on an adjacent 70-acre farm site.
'We searched to find extremely durable units featuring direct drive technology new to this country,' said Glenn Cannon, General Manager of Waverly Light and Power. 'We're excited about pioneering this technology in the Midwest and the United States.'
As the first public power system to own and operate wind generation in the Midwest, Waverly Light and Power continues to lead the industry in using renewable energy resources and is committed to providing 20% renewable energy by the year 2020 as part of Waverly Light and Power's 20 by 2020 campaign initiated by the Board of Trustees in 2006.
The new wind turbines will join Skeets 4, currently in operation two miles north of Waverly and three hydro turbines located on the Cedar River.
QUINTEK TECHNOLOGIES (OTCBB: QTEK) 'Up 18.75% in morning trading'
Detailed Quote: http://www.otcpicks.com/quotes/QTEK.php
Quintek Technologies, Inc. (OTCBB: QTEK), through its wholly owned subsidiaries Quintek Services, Inc. (QSI), and Sapphire Consulting Services, Inc., provides services to enable Fortune 500 and Global 2000 corporations to reduce costs and maximize revenues.
QTEK News:
August 8 - Quintek Joins Kroll Ontrack's Legal Technologies Partner Program
Quintek Technologies, Inc. (OTCBB: QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, has joined Kroll Ontrack's Legal Technologies Partner Program, giving Quintek's clients access to a wide array of computer forensics, electronic discovery and paper discovery services.
Jim Tocha, Quintek Senior Consultant, commented on the affiliation with Kroll Ontrack, 'Becoming a member of Kroll Ontrack's Partner Program affords us a dynamic relationship with an industry leader with over 20 years experience. This relationship gives us an instant leg up in the litigation support area. As a member of Kroll Ontrack's Partner Program, we are now able to extend our range of services by integrating complementary products and service solutions outside the primary scope of our business focus. Mr. Tocha continued, 'Quintek will continue to provide domain expertise in onsite back office services, which will be strengthened by coupling with Kroll Ontrack's litigation support services offering. As a major service provider to more than 500 of the nation's leading companies, and top attorneys and law firms nationwide, we believe in structuring long-lasting partnerships that deliver true value to our clients.'
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