Daily Stock List
Delta Oil & Gas, Inc. (DLTA)
Stock Fortune Teller reported previously on Delta Oil & Gas, Inc. (DLTA), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Incorporated under the laws of the State of Colorado on January 9, 2001, Delta Oil & Gas, Inc. is an exploration company focusing on developing North American oil and natural gas reserves. Currently, the Company's focus is on the exploration of their land portfolio. It consists of working interests in acreage in King City, California; Southern Saskatchewan, Canada; Newton County, Texas, and South Central, Oklahoma. Delta Oil & Gas lists on the OTC Bulletin Board; the Company has their headquarters in Vancouver, British Columbia.
Delta is concentrating on creating high impact development and exploration drilling in Canada and the United States while reducing risk through strategic partnerships with industry leaders. They work to minimize geological risk by focusing on properties with large, known hydrocarbon accumulations that have been overlooked. The Company then leverages geological experience together with modern drilling and completion technologies to maximize reservoir potential.
Last week, Delta Oil & Gas reported on the most recent reserve valuations of their producing oil and gas assets. As at December 31, 2011, Delta's producing oil and gas assets had a valuation of $3.6 million at a 10 percent discount. As at the same date, Delta had 14.1 million common shares issued and outstanding. This equates to more than 25 cents a share in reserve valuation.
Delta expects the reserves valuation will take another leap forward with the addition of the Company's King City Prospect in California. It is not included in this valuation report, as it is yet to produce. However, the first well underwent drilling in late 2011 and is currently awaiting completion.
The Company continues to generate revenue on a monthly basis from their two wells in Texas and eight wells in Oklahoma. These wells are producing approximately 460 barrels of oil equivalent (BOE) per month. The King City Prospect will add significantly to the Company's production and cash flow when it comes on stream later in 2012.
Delta Oil & Gas, Inc. (DLTA), closed Monday's trading session at $0.09, down 21.01%, on 300 volume with 2 trades. The average volume for the last 60 days is 5,020. The 52-week low/high is $0.05/$0.19.
Medisafe 1 Technologies Corp. (MFTH)
Fast Moving Stocks reported today on Medisafe 1 Technologies Corp. (MFTH), StockOrange, AlphaPennyStock, Stocktamer, InsideBulls, Pennystocktweeters.com, center stage stocks, Stock Legends, rockingpennystocks, MarketWireStocks, MyBestStockAlerts and Penny PayDay did recently, and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Medisafe 1 Technologies Corp. is a developer of patented technologies that physically prevent unauthorized administration of prescription medications. The Company looks to prevent, effectively, unauthorized administration of a drug or medicinal substance by hypodermic needle. Their patented technology is a medical assembly with a locking mechanism intended to ensure the substance cannot undergo release from the hypodermic needle without positive pre-matching between the substance and its intended patient. Incorporated in Delaware on July 9, 2009, Medisafe 1 Technologies has their corporate headquarters in Jerusalem, Israel.
Medisafe 1's vision is the administering of the right drug with the right dose to the right patient at the right time. Their technology is the world's first US patented (Patent No. 7,347,841 B2 granted on March 25, 2008) technology to eliminate administration of incorrect medicinal substances by hypodermic needle.
Medisafe 1 has developed a fully operational prototype with PIA Electronics Ltd. The Company has agreed to pay PIA Electronics a commission based upon sales revenue in the amount of ten percent of all future royalties from the sale and/or licensing of a product that is based on the working prototype manufactured by PIA Electronics. To date, no products encompassing the patented technology have been sold.
The principle features of the prototype design includes a protector which fits over a proportion of the medicine assembly, a bar code and locking element, an electrically operated device to control the locking element, and a connection to a bar code reader. The protector includes an enclosure that surrounds a container of medicine, whether it is intended for oral intake, transdermal delivery or any other kind of medicinal administration.
Recently, Medisafe 1 announced that the Company on June 11, 2012 started the Buyback Program that received authorization by the Board of Directors (BOD) two months ago. Under the program approved by the BOD, Medisafe 1 Technologies has authorization to repurchase up to 10 million of their outstanding shares of common stock at a price up to $0.10 per share on the open market. The expectation is that the share buyback will last approximately 1 to 3 months. The shares will be returned to the Treasury of the Company to be used for further issuances for future acquisitions of companies, which Medisafe 1 is currently in negotiation with.
Medisafe 1 Technologies Corp. (MFTH), closed today's trading at $0.003, up 24.00%, on 1,040,235 volume with 24 trades. The average volume for the last 60 days is 2,123,687. The 52-week low/high is $0.001/$0.03.
SAMEX Mining Corp. (SMXMF)
Stock Rich, CoolPennyStocks, HotOTC, and BullRally reported previously on SAMEX Mining Corp. (SMXMF), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
SAMEX Mining Corp. is an exploration stage company that engages in the acquisition and exploration of mineral properties in South America. The Company concentrates on the exploration of precious and base metals, including gold, silver, copper, and molybdenum. Incorporated in 1967, the Company has their headquarters in Abbotsford, British Columbia. SAMEX Mining's shares trade on the OTC Bulletin Board.
The Company looks for well-defined targets strongly supported by geologic, geochemical, and geophysical data. They target large high-grade (underground) gold, silver, and copper deposits, as well as target large bulk-mineable (open pit) gold, silver-gold, copper-gold, or zinc-silver deposits positioned at shallow depth.
In addition, SAMEX looks for good locations and infrastructure (water, road, power, and more) and low acquisition and/or option costs and sound title. Moreover, the Company seeks 100 percent or dominant (greater than 80 percent) ownership.
The Company is exploring the Andean Cordillera of Chile for rich deposits of gold, silver, and copper. They are exploring one of the most prolifically mineralized regions on earth where many of the world's largest ore bodies have undergone discovery. SAMEX is exploring for gold and silver at multiple projects within the Los Zorros district, Chile.
SAMEX owns 100 percent interest in the Los Zorros property consisting of approximately 7,774 hectares of mineral concessions. They also own interest in the Chimberos property comprising approximately 1,672 hectares of mineral concessions, and the INCA property comprising 62 exploitation mining concessions that cover approximately 8,866 hectares.
In addition, the Company has their Nora project, Los Zorros (Au); Cinchado, Los Zorros (Au, Ag, Cu); Milagro Pampa, Los Zorros (Au, Ag, Cu); the Milagro Mine, Los Zorros (Au, Ag), and the Chile Generative (Au, Ag, Cu). In addition, the have their Eskapa project in Bolivia (Au, Ag, Cu), as well as their Santa Isabel project in Bolivia (Zn, Ag, Pb, Cu, Au). The Santa Isabel project is presently dormant.
SAMEX Mining Corp. (SMXMF), closed Monday's trading session at $0.24, up 9.59%, on 6,000 volume with 2 trades. The average volume for the last 60 days is 4,426. The 52-week low/high is $0.20/$1.61.
GlobalWise Investments, Inc. (GWIV)
StreetInsider, MissionIR, comcast.net, Orbit Stocks, and SeriousTraders reported recently on GlobalWise Investments, Inc. (GWIV), StrongBuyAlert, 500PCT did earlier, and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
GlobalWise Investments, Inc., by way of their wholly owned subsidiary Intellinetics, Inc., is an Enterprise Content Management (ECM) pioneer. The Company has industry-leading software that delivers cloud ECM based solutions on-demand. Their flagship platform, Intellivue™, represents a new industry benchmark and game-changing solution. GlobalWise Investments has their corporate headquarters in Columbus, Ohio. The Company's shares trade on the OTC Bulletin Board.
Their Intellivue™ enables clients to access and manage the content of every scanned document, file, spreadsheet, email, photo, audio file or video tape (in essence, virtually anything that can be digitized) in their enterprise from any PC, laptop, tablet or smartphone from anywhere in the world.
GlobalWise has a new Channel Sales Partnership signed with MWA Intelligence, Inc. MWA Intelligence is one of the largest IT infrastructure providers for copier dealer Managed Print Service companies in the U.S. The Intellinetics agreement with MWAi will begin the Company's first foray into English speaking countries in Europe, with expansion expected to begin in the third quarter of 2012.
Recently, the Company announced an agreement with SOIN Integrales, headquartered in Costa Rica, who dominates the Latin America market selling high-end ERP solutions from companies like Oracle, SAP and Sybase. Last month, GlobalWise Investments and their subsidiary Intellinetics announced a Channel Sales Partnership with Sycle.net. Sycle.net is the largest provider of cloud-based Enterprise Resource Planning (ERP) software systems specifically designed for hearing care practice management.
Last week, GlobalWise Investments and their subsidiary Intellinetics commented on the Company's progress to date and near term intentions to expand into international markets. Since 1994, Intellinetics has focused primarily on domestic U.S. markets, selling ECM software services via a traditional, direct sales force.
Subsequently, the Company hired Lexmark International executive Mr. William J. "BJ" Santiago. Mr. Santiago was brought on to lead the new cloud-based ECM software enterprise and expand GlobalWise's distribution through a one-to-many strategy utilizing Channel Partners who already have a tested and proven model to sell hardware or software related services. In 2012 alone, eight new Channel Partners have been brought on to continue software sales expansion in the United States, as well as pursue new opportunities internationally.
GlobalWise Investments, Inc. (GWIV), closed Monday's trading session at $1.50, down 7.41%, on 200 volume. The average volume for the last 60 days is 5,557. The 52-week low/high is $1.02/$1.87.
Sweetwater Resources, Inc. (SWTR)
PennyStockRumors.net, Actual Gains, and PennyTrader Publisher reported last week on Sweetwater Resources, Inc. (SWTR), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Sweetwater Resources, Inc. has acquired certain assets to commercialize fully a proprietary, cost-efficient and high-volume diamond production method to provide industrial quality diamonds. Their patented technology enables the production of "cultured" diamonds that are chemically, atomically, and structurally identical to natural diamonds. This alternative is diamonds indistinguishable from their natural counterparts. Unlike cubic zirconia, which is a chemically different substance, laboratory gems are considered real diamonds. The gemological Institute of America has tested the Company's "cultured" diamonds and has confirmed they are diamonds according to their testing protocols. Sweetwater Resources has their headquarters in Las Vegas, Nevada.
Sweetwater has acquired 100 percent of Centaurus Diamond Technologies, Inc. Centaurus has been established to fully commercialize their proprietary, cost-efficient and high-volume diamond production method to provide industrial quality diamonds. Sweetwater's corporate mission is to set the benchmark for "cultured" diamonds. They will compete in the global diamond industry, offering diamonds to a larger market due to affordability that will enable the end-consumer to purchase a true "gem" diamond at a price significantly discounted from that of natural diamonds.
Sweetwater Resources' objective is to be the first mass producer of cultured diamonds in sizes large enough for center stones in jewelry of all colors. This includes the most recognized colorless/white diamonds illusive for other growers to produce in quantity to date. The Company will also have capacity to produce high-grade industrial diamonds for specialty markets.
The Company's core competencies can be found in their technology and their management. Mr. Alvin A. Snaper has patented the technologies that will grow the diamonds. He has gained substantial experience in his scientific field throughout the years. In addition, Mr. Wayne D. Prentice is a gem expert with more than 20 years of experience in the gem industry and considerable contacts with all levels of diamond wholesalers.
Last week, Sweetwater Resources announced that Mr. Arthur Akeroyd joined the Company's Board of Directors. Mr. Akeroyd comes to Sweetwater with a formal education as an Electrical Engineer from London City University. Mr. Akeroyd is often consulted by the United States Air Force, the U.S. Army, and government agencies and industrial giants including Boeing and North American Aviation. He has served as Marketing Manager at Bendix Aerospace generating new business for divisions in the UK and Europe whose product range includes guidance and flight control systems, chemical and environmental systems, biological, meteorological, and army communication systems.
Sweetwater Resources, Inc. (SWTR), closed Monday's trading at $0.36, up 4.41%, on 2,773,610 volume with 241 trades. The average volume for the last 60 days is 212,992. The 52-week low/high is $0.27/$1.90.
Legend Oil and Gas, Ltd. (LOGL)
SmarTrend Newsletters, Trade of the Week, Wyatt Investment Research, StreetAuthority Financial, Investors Alley, Investor Spec Sheet, TheStockAdvisor, Otcstockexchange, Stock Brain, and VIP STOCK ALERTS reported earlier on Legend Oil and Gas, Ltd. (LOGL), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Legend Oil and Gas, Ltd. is a managed risk, oil and gas exploration/exploitation, development and production company. They have activities presently focusing on leases in Canada, southeastern Kansas and northern North Dakota. The Company formerly went by the name SIN Holdings, Inc. They changed their name to Legend Oil and Gas, Ltd. in November of 2010. Legend is pursuing "Blue Sky" assets with significant exploration and development potential. The Company has their headquarters in Seattle, Washington, and their shares trade on the OTCBB.
Legend Oil and Gas' core asset is in Alberta, Canada. The Company also has leaseholds in Piqua, Kansas and the prolific Bakken Formation in North Dakota. The Canadian assets acquired by Legend Oil and Gas, administered within their wholly owned subsidiary Legend Energy Canada Ltd., contain oil and gas properties currently producing almost 300 BOE/d. The properties contain a mix of 37 percent oil and natural gas liquid production, and 63 percent gas production. The bulk of the properties are located in Alberta. However, almost 41 percent of the total sales are taken from the Province of British Columbia, located directly west of Alberta.
Legend Oil and Gas acquired the Piqua Kansas project effective October 29, 2010. It was assumed that they had acquired 33 producing wells and an additional number of injection, disposal and water source wells. A detailed review of the property yielded a 46 well count for producers, six shut in wells, 13 injection wells, two water source wells, and one water disposal location. These have all been catalogued with the Kansas Corporations Commission and are now the official well count for Legend's interests at Piqua.
Last week, Legend Oil and Gas announced that the S-1 Registration Statement filed with the SEC in support of the new equity financing with Lincoln Park Capital (LPC) of Chicago, Illinois, has been declared effective as of the market close Wednesday, June 27, 2012. LPC made an initial purchase of 192,308 shares of common stock for $50,000 purchased at a price of $0.26 per share (Initial Purchase). Upon filing the registration statement, LPC made another $50,000 purchase at a price of $0.23 per share. Now that the SEC has declared effective the registration statement related to the transaction, LPC will purchase an additional $100,000 worth of stock based upon market prices with no discount.
In addition, Legend is prepared to begin their previously announced drilling program in Kansas and will proceed this month once a drilling rig becomes available. Furthermore, Legend Energy Canada entered into a two well drilling commitment with a third party to drill two deep test wells on their Virginia Hills and Swan Hills properties in west central Alberta. The Company is also continuing to pursue a drilling program on their Swan Hills area Slave Point formation horizontal project. They are presently in negotiations with a joint venture partner for the drilling of the first of two wells on that project.
Legend Oil and Gas, Ltd. (LOGL), closed Monday's session at $0.19, up 11.76%, on 75,615 volume with 24 trades. The average volume for the last 60 days is 209,032. The 52-week low/high is $0.16/$2.74.
Soligenix, Inc. (SNGX)
PennyTrader Publisher, AllPennyStocks, SmallCapVoice, and The Street reported earlier on Soligenix, Inc. (SNGX), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Soligenix, Inc. is a development stage biopharmaceutical company whose shares trade on the OTCBB. The Company is developing products to treat life-threatening side effects of cancer treatments and serious gastrointestinal diseases, and vaccines for certain bioterrorism agents. Through their BioDefense Division, Soligenix is developing countermeasures pursuant to the Project BioShield Act of 2004. Soligenix is based in Princeton, New Jersey.
The Company has two areas of focus. One is a therapeutics segment dedicated to the development of products for orphan diseases and areas of unmet medical need such as pediatric Crohn's disease, acute radiation enteritis, and Graft-versus-Host disease (GVHD). The second is a vaccine/biodefense segment to develop vaccines and therapeutics for military and civilian applications.
Soligenix's lead product is orBec® (oral beclomethasone dipropionate). It is a potent, locally acting corticosteroid that has undergone initial development for the treatment of acute gastrointestinal Graft-versus-Host disease (GI GVHD), a common and potentially life-threatening complication of hematopoietic cell transplantation. Additionally, the Company is developing oral BDP for the prevention/treatment of other gastrointestinal disorders characterized by severe inflammation, including acute radiation enteritis (SGX201), which is the subject of a recently completed National Cancer Institute (NCI)-supported Phase 1/2 clinical trial and pediatric Crohn's disease (SGX203).
The Company's lead biodefense products in development are a recombinant subunit vaccine called RiVax™. The design of it is to protect against the lethal effects of exposure to ricin toxin. Another is VeloThrax™. This is a vaccine against anthrax exposure. RiVax™ has been shown to be well tolerated and immunogenic in a Phase 1 clinical trial in normal volunteers.
Currently, RiVax™ and VeloThrax™ is the subject of a $9.4 million National Institute of Allergy and Infectious Disease (NIAID) grant supporting development of new thermostable vaccine technology known as ThermoVax™. The Company is also developing OrbeShield™. This is for the treatment of gastrointestinal acute radiation syndrome (GI ARS). It has demonstrated statistically significant preclinical survival results in a canine GI ARS model.
Last week, Soligenix announced that they entered into a collaboration with the Infectious Disease Research Institute (IDRI) of Seattle, Washington. This is to develop select biodefense vaccines using IDRI's potent and safe synthetic adjuvants in conjunction with Soligenix's proprietary subunit proteins and thermostability platform (ThermoVax™). The initial work of this collaboration is to be carried out under Soligenix's existing $9.4 million National Institute of Allergy and Infectious Disease (NIAID) grant supporting development of advanced heat stable vaccines against anthrax and ricin toxins.
Soligenix, Inc. (SNGX), closed today's session at $0.40, up 45.45%, on 21,132 volume with 12 trades. The average volume for the last 60 days is 7,472. The 52-week low/high is $0.23/$6.98.
PLC Systems, Inc. (PLCSF)
TaglichBrothers and Profit Confidential reported earlier on PLC Systems, Inc. (PLCSF), and we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Headquartered in Milford, Massachusetts, PLC Systems, Inc. is a medical device company focused on innovative technologies for the cardiac and vascular markets. The Company's newest product, RenalGuard, underwent development to help prevent the onset of Contrast-Induced Nephropathy (CIN) in at-risk patients undergoing certain cardiac and vascular imaging procedures. RenalGuard is CE-marked and is being marketed in Europe and selected countries globally.
Two investigator-sponsored European studies have demonstrated the product's effectiveness at preventing CIN. RenalGuard is being studied in a pivotal trial in the U.S., as required for approval by the Food and Drug Administration (FDA). PLC Systems has made significant progress on achieving critical milestones in the past months. They began their U.S. pivotal trial of RenalGuard and successfully enrolled their first patients, following receipt of final approval from the U.S. Food & Drug Administration of their adaptive trial design. They announced the path to approval for RenalGuard in Japan, with the initial completion of a successful two patient safety trial.
They earlier announced approval to market RenalGuard in Israel, and appointed a distributor there, A.M.I. Technologies, Ltd. Additionally, results from the investigator-sponsored MYTHOS clinical trial of RenalGuard were published in the peer-reviewed JACC-Cardiovascular Interventions, and results from PLC Systems' pilot trial of RenalGuard were published in the peer-reviewed International Journal of Cardiology.
For 2012, PLC Systems is focusing on achieving approval of sites for the U.S. clinical trial and significant progress in patient enrolment, with sample size re-estimation planned after 163 patients; acceleration in sales of RenalGuard in markets where it is currently available, primarily Europe; and initiation of additional distributors in key territories globally. They are also focusing on achieving additional investigator-sponsored clinical trials of RenalGuard in new territories and aimed at additional treatments; issuance of additional patents to bolster their intellectual property portfolio; a positive response from Japan's Department of Health to the investigator-submitted clinical trial proposal in Q2 2012, followed by the launch of a full clinical trial in that critical market, and successfully raising additional funds to support all of these initiatives.
Recently, PLC Systems announced that they signed new distribution agreements for RenalGuard® with Girlow USA, LLC, Cenas, Co., Ltd, and Pyramed Ltd., following the Company's successful participation in EuroPCR in France in May. Under terms of these agreements, PLC will expand their ability to distribute their RenalGuard System™ to Mexico and several countries in Central America and South America, as well as Turkey and the United Kingdom, and initial stocking orders of RenalGuard consoles and single use sets have been purchased.
Today, PLC Systems announced that they completed an additional round of financing with an affiliate of Genesis Capital Advisors LLC. These funds will enable PLC to continue their U.S. clinical trials for their RenalGuard® program, and continue to expand their distribution of RenalGuard worldwide.
PLC Systems, Inc. (PLCSF), closed Monday's trading session at $0.22, up 18.92%, on 32,850 volume with 4 trades. The average volume for the last 60 days is 7,012. The 52-week low/high is $0.07/$0.35.
Skinny Nutritional Corp. (SKNY)
The QualityStocks Daily Newsletter would like to spotlight Skinny Nutritional Corp. (SKNY). Today, Skinny Nutritional Corp. closed trading at $0.01, off by 6.25%, on 4,621,392 volume with 90 trades. The stock’s average daily volume over the past 60 days is 2,451,345, and its 52-week low/high is $0.0052/$0.068.
Skinny Nutritional Corp. reported today on the reaching of an agreement with Trim Capital, LLC, consisting of $9M in stock and a $6M senior secured credit facility, allowing the developer of the delicious zero-calorie, enhanced Skinny WaterŪ beverage to execute on its strategic growth strategy for the brand.
Skinny Nutritional Corp. (SKNY) has established their Skinny Water® brand as a clear alternative to other products in the enhanced water space, with the only true zero calorie, sugar, carb, sodium, and preservative-containing beverage available. Skinny Water's proprietary formulation of essential antioxidant agents, electrolytes, and the critical vitamins our bodies need in order to achieve optimal function, uses 100% natural flavors, no preservatives, no artificial colors, and only the best purified water.
The company has constructed a network of approximately 50 domestic distributors (with three more internationally), placing product on shelves approximately 15k stores across the United States. Derived from the natural flavors contained in fruits, Skinny Water represents a fortified, extremely low-impact, great-tasting array of beverages that provide a concentrated punch of the nutrients essential for a healthier lifestyle.
The company's strong emphasis on health, fitness, and community has served marketing initiatives very well. The new age beverage segment has seen increasing momentum in recent years, with just about every beverage company getting into the game, but none of them has the kind of no-nonsense product composition behind Skinny Water, something that appeals directly to the majority of the core consumer market.
Skinny Nutritional continues to build value around the Skinny Water brand, and today has numerous trademarks in the healthy beverage and snack food categories. As consumers migrate away from sugar based beverages and empty calories, Skinny Water is ideally positioned to benefit from positive market trends as management focuses on delivering exceptional value to shareholders. Disclaimer
Skinny Nutritional Corp. Blog
Skinny Nutritional Corp. News:
Skinny Nutritional Corp. Enters Into $15M Financing, Positions Company to Grow Skinny Brand Portfolio Nationally
Skinny Nutritional Corp. Enters Distribution Agreement With Michigan-Based D&B Grocers Wholesale, Inc.
Skinny Nutritional Corp. Expands Chain Authorizations; Lowers Cash Loss by 28%
Duma Energy Corp. (DUMA)
The QualityStocks Daily Newsletter would like to spotlight Duma Energy Corp. (DUMA). Today, Duma Energy Corp. closed trading at $1.80, up 7.69%, on 11,300 volume with 19 trades. The stock’s average daily volume over the past 60 days is 2,901, and its 52-week low/high is $1.50/$4.00.
Duma Energy Corp. (DUMA) is an aggressive growth company actively producing oil and gas in the domestic United States, both on and offshore. Leveraging its technical expertise, promising portfolio, and strong financial condition, the company plans to utilize domestic revenues and cash flow to fund its rapid growth through acquisition, while participating in transformational projects with the potential of providing exponential returns for shareholders.
The company's primary goal for fiscal year 2012 and beyond is to drive earnings growth. The company also aims to pursue listing on major exchange(s) to provide better visibility and liquidity to shareholders and financial partners. Already producing and generating revenue from oil and gas in Texas, Illinois, and Louisiana, Duma projects domestic production to exceed 1,000 barrels of oil equivalent per day (boepd) by the end of 2012; with 2,500 boepd projected by the end of 2013.
Duma was founded in 2005 and began trading on the OTCBB in 2009 via registration. In 2006, the company began producing from its first properties in Texas and soon after added production in Louisiana. In 2009, its new CEO Jeremy G. Driver came on board. Within one year, Mr. Driver had identified and negotiated an acquisition that would fundamentally reshape the company. This acquisition was made possible by the large direct cash investment by Mr. Driver and his family, as well as other investors.
The company uses only industry standard and time-tested technologies, and avoids unproven "resource plays" and other opportunities that are heavily dependent upon high commodity prices. Not bound by any geographical location or operational strategy, Duma's management team is focused on developing its existing portfolio while pursuing additional opportunities that provide rapid growth, leveraging growing revenue, cash flow, and reserves to accelerate its growth strategy. Disclaimer
Duma Energy Corp. Company Blog
Duma Energy Corp. News:
Duma Energy Provides Third Quarter Results and Demonstrates Positive Earnings
Duma Energy Announces New Trading Symbol "DUMA"
Duma Energy Provides Operational Update for Galveston Bay
Consorteum Holdings, Inc. (CSRH)
The QualityStocks Daily Newsletter would like to spotlight Consorteum Holdings, Inc. (CSRH). Today, Consorteum Holdings, Inc. closed trading at $0.01, up 52.17%, on 31,900 volume with 4 trades. The stock’s average daily volume over the past 60 days is 81,927, and its 52-week low/high is $0.001/$0.018.
Consorteum Holdings, Inc. (CSRH) utilizes the most technically advanced global solutions available today. By working with a multitude of global technologies, Consorteum is able to create customized programs for maximum results. This approach enables unparalleled flexibility when sourcing solutions, resulting in smarter, faster deployment of technologies, competitive pricing, and potential for new streams of revenue.
Through its exclusive software license with Tarsin Inc., the company leverages a team of software developers that understands the complexities of delivering digital media content across mobile handsets. Tarsin is capable of providing clients with integration and support for over 700 mobile carriers globally on a seamless and secure platform to take advantage of the increasing demand for rich mobile content.
Consorteum's flagship CAPSA technology platform brings a universal solution to the problems of wagering and betting on mobile devices. Multiple different operating systems, user interfaces, and form factors have created enormous barriers to launching commercial initiatives. But with CAPSA, gaming operators can now cost-effectively monetize innovative mobile wagering products and services quickly and robustly.
In addition to its mobile initiatives, Consorteum is also actively engaged in the financial industry, providing MasterCard solutions as well as loyalty and reward programs. The company has strategically designed its business initiatives to create repetitive transactions on an ongoing basis. Consorteum's goal is to have their customers think of them more as partners, rather than just technology providers, for longer-lasting, more profitable relationships. Disclaimer
Consorteum Holdings, Inc. Company Blog
Consorteum Holdings, Inc. News:
CORRECTION -- Tarsin, a Leader in Secure Mobile Platform Technology, Forges New Frontiers in Mobile Gaming
Tarsin, a Leader in Secure Mobile Platform Technology, Forges New Frontiers in Mobile Gaming
Consorteum Completes Acquisition of Tarsin Inc.
GlobalWise Investments, Inc. (GWIV)
The QualityStocks Daily Newsletter would like to spotlight GlobalWise Investments, Inc. (GWIV). Today, GlobalWise Investments, Inc. closed trading at $1.50, off by 7.41%, on 200 volume with 1 trade. The stock’s average daily volume over the past 60 days is 5,557, and its 52-week low/high is $1.02/$1.87.
GlobalWise Investments, Inc. (GWIV), via wholly-owned subsidiary Intellinetics, Inc., is a leading-edge technology company focused on Enterprise Content Management (ECM) solutions for the digital age. The ECM industry continues to grow rapidly as a result of unrestricted proliferation of digital content within today's business environment. Leveraging its proprietary cloud-based computing software, GlobalWise is poised to capture a significant market share of this burgeoning industry.
GlobalWise's ECM service is delivered to customers via five unique delivery models which cover the spectrum of business needs: Cloud/Saas (Software as a Service), Hardware Vendor Integrated Service, Software Vendor Integrated Service, Premise (Client-Server), Hybrid (Premise & Cloud/Saas).This diversity gives advanced security & privacy features with an on-demand structure needed for large Tier 3 and Tier 4 businesses that are currently underserved by the market.
The Intellinetics platform defines a new industry benchmark and game-changing approach by combining advanced virtualization & automated content management with an open and service-oriented architecture using web services. The company provides strategies, tactics, and technologies used to manage paper and digital assets from capture to long-term archive, without the need for manual processes conducted by a full time employee.
GlobalWise's management boasts a combined total of over 60 years in ECM leadership and industry experience. The ECM industry is expected to exceed $5.1 billion by 2013 with Gartner predicting a compound annual growth rate of 9.5%. IBM Market Insights predicts adoption of cloud computing to grow by 26% CAGR between 2010 through 2013. Leveraging management and key department heads, Intellinetics has a strong foundation from which to capture significant market share within the lucrative $149 billion Business Software & Services industry. Disclaimer
GlobalWise Investments Company Blog
GlobalWise Investments News:
GlobalWise Reports on International Expansion Initiatives
GlobalWise to Present at the Inaugural Marcum MicroCap Conference on June 20th in New York City
GlobalWise Signs Channel Sales Partnership With Sycle.net
Skinny Nutritional, the maker of Skinny Water® and a leader in the zero-calorie enhanced water category, announced this morning that it has secured financing to drive a national expansion strategy. Trim Capital LLC has agreed to a financing transaction involving the issuance of $9,000,000 of preferred and common stock and a $6,000,000 senior secured credit facility. At the initial closing, Skinny Nutritional sold a $1,000,000 senior secured bridge note.
“The investment Trim Capital is making in Skinny Water will give the Company the capital to execute its growth plan. Having access to this capital will allow us to accelerate our marketing and brand initiatives, add new product lines under the Skinny Nutritional Corp. umbrella of Skinny trademarks and build inventory levels to satisfy the demand for our products,” stated Michael Salaman, CEO of Skinny Nutritional Corp.
Trim Capital LLC’s Managing Partner, Marc Cummins commented, “Skinny Water is exactly the type of investment we look for – one with the perfect combination of a solid consumer proposition, a healthy distribution system and a robust product pipeline that will continue to deliver great-tasting and healthy products to the marketplace.”
The financing is structured to occur in three separate closings, with each of the second and third closings subject to certain conditions. Upon the Third Closing, Trim Capital will acquire $9,000,000 of equity units consisting of shares of a newly authorized series of redeemable senior preferred stock and shares of common stock equal to 65% of the fully diluted shares of common stock of the Company. In addition, at the third closing Trim Capital will provide the Company with a $6,000,000 senior secured credit facility.
At the first closing which was completed on June 28, 2012, the Company sold a $1,000,000 senior secured bridge note to Trim Capital. At the second closing, which is anticipated to occur within 45 days, Trim Capital will purchase an additional $3,000,000 of securities of the Company, consisting of a combination of an additional senior secured bridge note and equity units consisting of preferred and common stock. At the third closing, the bridge notes sold at the first and second closings will convert into equity units, and, in addition, Trim Capital will purchase $5,000,000 of additional equity units such that, after the third closing, Trim Capital will own $9,000,000 of redeemable senior preferred stock and 65% of the fully diluted shares of common stock of the Company.
The second closing is subject to customary closing conditions, as well as ,the negotiation of the final terms of the senior secured credit facility and the filing of a proxy statement with the Securities and Exchange Commission relating to an annual meeting of stockholders to vote on, among other things, the authorization of sufficient shares of preferred stock and common stock to issue at the third closing. The third closing is subject to customary closing conditions, as well as stockholder approval of various matters relating to the transaction.
The senior preferred stock to be issued at the second closing will have no voting rights at the time of its issuance at the second closing; provided that, at the third closing, the holders of the senior preferred stock issued at the second and third closings will be entitled to elect four members of an expanded seven-member board of directors and will have certain protective provisions requiring the consent of the holders of the preferred stock for certain corporate actions.
The Board of Directors of the Company has approved the transactions consummated at the first closing and the transactions to be consummated at the second and third closings, subject to, among other things, the finalization of the documents relating to the preferred stock and the proposed senior secured credit facility. Michael Salaman, the Company’s CEO and a director, is a minority investor in Trim Capital. Bryant Park Capital initiated the transaction and served as the exclusive financial advisor to Skinny Nutritional Corp. throughout the transaction.
Trim Capital LLC is affiliated with Prime Capital, LLC, a private investment firm that assists consumer companies in financing operations and expansion. Trim’s objective is to assist Skinny Water in building its brand by providing strategic, branding and marketing expertise, as well as, operational support.
Skinny Nutritional Corp. holds an extensive portfolio of trademarks for Skinny products and has a planned roll-out schedule that is expected to fuel significant growth. More information about upcoming launches will be detailed in the coming months.
The current Skinny Water® lineup features six great-tasting flavors, including Acai Grape Blueberry (Hi-Energy), Raspberry Pomegranate (Crave Control), Lemonade Passionfruit (Total-V), Orange Cranberry Tangerine (Wake Up), Pink Citrus (Power) and Goji Black Cherry (Shape). Every bottle of Skinny Water® has all natural colors and flavors, key electrolytes, antioxidants and vitamins, featuring ZERO calories, ZERO sugar, ZERO sodium, and ZERO carbohydrates with no preservatives.
USA Recycling Industries is a recyclable waste collection and disposal company serving commercial and industrial customers throughout North America, operating via multiple company-owned and partnership recycling centers. The company is focused largely on the automotive service center industry, collecting scrap metal, oil filters, oils and lubricants, tires, and batteries, processing the recyclable materials to end-user-consumers.
The company has a strong franchising system, under Recycling Franchisors, Inc., with the franchise centers doing business under the name USA Recycling. A USA Recycling specialty service center collects and sells automotive waste materials from underserved sectors within the automotive service center industry, in addition to providing associated disposal services. Service center operations cover both ferrous and non-ferrous scrap metals, used tires, used motor oil and batteries, and other auto-related waste streams. The company has developed working relationships across the steel production, tire recycling, used motor oil re-refining, and battery production industries, and has contracts with end-user-consumers across the U.S. and in 19 countries.
USA Recycling centers service various customer locations within the automotive service center industry, purchasing scrap metal, sorting it, and then selling it to steel mills, foundries, or smelters, which in turn produce new metal products. Used motor oil is purchased, and then sold to re-refining operations to be processed into new oil. Used tires and batteries are collected as a service and sent to recycling facilities that make new rubber or battery products.
USA Recycling Industries also engages in export trading, through its 51% interest in Earth Metal Scrap USA, an international trading company serving customers in North America, India, and the United Arab Emirates. In addition, the company holds a 51% interest in Energy, Inc., a fuel oil delivery service, which supplies fuel oil to private residences, businesses, and heavy equipment vehicles in the construction industry.
To learn more about the company, visit www.usarecyclingindustriesinc.com
Tegal has been in business for 40 years, with a current focus on emerging technologies in the healthcare sector. The company’s process and equipment know-how has been incorporated into devices fabricated by some of the world’s leading semiconductor and microelectromechanical systems (MEMS) companies, including its one-time parent firm, Motorola.
The company announced today that it expects to appoint James Karis as Co-CEO of Tegal and also a director of the firm. The appointment will effective upon completion of the deal to acquire CollabRx Inc., where Mr. Karis serves as CEO and director. CollabRx is a privately-held technology company in the rapidly growing market of interpretive content and data analytics for genomics-based medicine with a particular focus on cancer.
Mr. Karis, who became CollabRx CEO in 2011, served for nine years as president and CEO of Entelos, a US-based life sciences technology company. Prior to that, he held a number of important senior positions at several companies, including president and chief operating officer of PAREXEL International, COO of Pharmaco International, and vice-president of international operations at Baxter International. Mr. Karis also co-founded KMR Group, a leading pharmaceutical research and development benchmarking consulting firm.
The incoming Mr. Karis will join Tegal’s chairman, president, and current CEO Thomas Mika in the Co-CEO role. Upon completion of the transaction and following Tegal’s annual meeting in September, the combined company will conduct business under the CollabRx name.
For additional information about Tegal Corporation and the proposed deal, please visit the company’s website at www.tegal.com
Comstock Mining has amassed a considerable footprint of contiguous gold and silver acreage in Nevada’s legendary Comstock District and was pleased to report today that completion of the sizeable Heap Leach facility (now five cells with all the setup done for another two cells) will amply support accrued ore production from the Lucerne West Mine.
In addition, considerable progress has been made to Lucerne, including site prep, ramp, and road construction. The three old cells of the heap leach have been leveled and reworked for stacking of material (up to the permit height of 105 feet) by the company’s new 150 foot retractable Super Stacker (which should speed up overall ore processing time on-site as well), with material drainage slated to utilize a buried drip feed system that has been proven to be very environmentally friendly.
A robust three-layer barrier (consisting of a foot of compacted clay, the non-porous Bentomat® geosynthetic clay liner, and a layer of 80 mil plastic) contains all heap fluid and provides a channel to the process ponds. For added security, two feet of over-liner has been placed on top of the plastic to shield the system from contact with ore and a leak detection system was installed to spot any problems that may arise over time or from wear-and-tear damage. Total capital outlays for the heap leach and process pond were roughly $2.4M, with approximately half the expense going into requisite earthwork and the other half into materials like the Bentomat and plastic liners.
Local firm Cruz Construction (located just ten miles from the LODE site in the town of Mound House) was tasked with bringing in the over-liner material. The firm’s Operations Manager for the Comstock Project, Kale Peery, cheered the hiring on of some 40 additional local persons to complete the hauling contract as a great opportunity for all those involved. Mach 4 Construction, LLC, out of Elko, in conjunction with Environmental Construction Company, located down in Reno, handled the rest of the construction tasks. The schedule set for completion of the expanded Merrill-Crowe (gold separation) Processing Facility, as well as the new Crushing Facility, looks good with early July posited for commissioning.
President and CEO of LODE, Corrado De Gasperis, hailed the company’s Nevada suppliers for coming through in short order with all the particulars (while showing exemplary professionalism/safety constraints) and praised the dedicated efforts by Comstock personnel in executing the project alongside NDEP (Nevada Division of Environmental Protection) regulators. Citing the deliberate over-engineering over the project’s standards in order to surpass established guidelines in the Water Pollution Control Permit, Gasperis boldly pointed to the coming summer months and assured investors that the company was on track for their first gold pour.
Gasperis indicated that the upcoming commissioning of the Merrill-Crowe Process Facility and the new Crushing Facility, as well as hiring on of additional personnel to support the processing activities (which should bring the company’s staff to over 100), has helped to rapidly define LODE as a rising star in Nevada gold/silver mining. The sheer aggressiveness and competence with which the company has executed their regional strategy to date is enough to impress most investors, but the drive to validate qualified resources (at least measured and indicated) and reserves of some 3.25M gold equivalent ounces by 2013, alongside projections of 20k gold equivalent ounce annual production rates, has piqued the interest of even diehard sector bears.
Leaching cycle time is estimated at approximately 150 days and sufficient material will have accumulated for the Merrill-Crowe Process in roughly half the 60 days required for the majority of metal recovery to be completed by the leaching. That summer target for pouring looks solid and shareholders will be eager to receive updates as the commissioning and processing progresses.
There is a lot to like about LODE, which began its acquisition campaign back in 2003, motivated by a clear vision of the Comstock District’s underlying potential. This activity by LODE has been a real boon to Storey and Lyon Counties, as the company has thus far put $18M into Northern Nevada. The company does indeed have an impressive acreage footprint of contiguous land in the heart of the Comstock District (consisting of the Dayton Resource Area, Northern Extension, Northern Targets, Occidental Area, and Spring Valley Area, in addition to the Process Area, and the Lucerne Resource Area).
For more information on today’s report, or to learn more about Comstock Mining, please visit the company’s website at: www.ComstockMining.com
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