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The QualityStocks Daily Newsletter for Wednesday, August 29th, 2012

The QualityStocks
Daily Stock List

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Intigold Mines Ltd. (IGD.V)

Today we are highlighting Intigold Mines Ltd. (IGD.V), here at the QualityStocks Daily Newsletter.

Intigold Mines Ltd. is a resource company with corporate headquarters in Vancouver, British Columbia. The Company has a particular emphasis on gold and silver properties located throughout the Americas, with a focus on Canada and Peru. Intigold Mines shares trade on the TSX Venture Exchange and on the OTC Markets (IDMNF).

This past June, Intigold Mines and St. Elias Mines Ltd. (SLI.V) (SELSF) provided an update with respect to the Cueva Blanca gold property located in northwest Peru. The property is owned 100 per cent by St. Elias Mines. Intigold Mines has an option to acquire a 60 percent interest in the property.

St. Elias and Intigold Mines have begun field studies in the Cueva Blanca area in preparation for diamond drilling. The initial drilling targets include the Cruz vein, the Cruz breccia bodies, and a stratiform silicified zone that has anomalous bismuth-mercury geochemistry. The economic targets at the property are gold and silver. The first phase drilling program is budgeted at $2,500,000. The primary target of the drill program will be the gold-silver bearing Cruz vein system.

This month, Lori McClenahan, President of Intigold Mines announced that TTAGIT Social Networks, Inc. (TTAGIT) launched their proprietary social networking application and website.  Intigold Mines owns a 51 percent interest in TTAGIT. TTAGIT is the first open-forum discussion social network and comment management system that allows users to comment on all URLs with one login.

TTAGIT will be available in beta form for free download and use. It is a social networking application and website where members can engage in conversations and participate in debates on sites and portals that currently do not allow live streaming. TTAGIT is an open forum that is not limited to just the people a user knows or "follows."  Enabling the TTAGIT extension on the Google Chrome browser allows users to see the entire thread of conversation for that particular site or article.

The gearing of TTAGIT technologies are toward the rising mobility use and the upcoming Internet TV.  Additionally, there is an advertising model built in to TTAGIT that lets advertisers post within a related comment feed.

Intigold Mines Ltd. (IGD.V), closed on Wednesday at $0.25, even for the day. The average volume for the three-month period is 18,556 and the stock's 52-week low/high is $0.14/$0.45.

Chimera Energy Corp. (CHMR)

OTCPicks reported this week on Chimera Energy Corp. (CHMR), PennyTrader Publisher, Real Pennies, and Stockoutlaws did earlier this month, and we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Chimera Energy Corp. acquires, develops, licenses and sells new energy technology and products designed to profit from the current domestic shale oil boom. The Company functions internationally with a concentration in developing technology for the shale oil industry, specifically for the Bakken Formation, Marcellus Formation and other domestic shale locations. Chimera Energy lists on the OTC Bulletin Board. The Company has their headquarters in Houston, Texas.

Chimera Energy is a leader in the supply of quality polycrystalline Diamond Cutters or “PDC Cutters”. PDC cutters are a composite material formed from sintering diamond powder on a tungsten carbide substrate under high temperature and high pressure. The resulting compacts are extensively used to make oilfield and geological exploration drill bits that are suitable to drill in soft to medium-hard formations.

In addition, the Company has licensed a new innovative process for shale fracturing without using water or causing harm to the environment. Chimera is currently developing, testing and patenting this technology. The design of this method (Non-Hydraulic Extraction or Zero Water Fracking) is to neutralize dangers to groundwater and other potentially toxic byproducts.

Chimera’s Non-Hydraulic Extraction system is a Shale Oil extraction system designed to safely and economically replace hydraulic fracturing (AKA fracking and fracing) without negative environmental impacts. The new process uses no water and no steam, LPG gel, natural gas or the pumping of anything hot into the well.

This week, Chimera Energy announced that they started shipping equipment to Mexico to utilize the Company’s new Non-Hydraulic Shale Oil Extraction system on PEMEX Central Tajin Area wells number 4, 5 and 6 in the Chicontepic Basin of Mexico. Last Friday, Chimera announced the receipt of the official signed document from PEMEX to utilize the Company’s new Non-Hydraulic Shale Oil Extraction system on the wells. Chimera Energy President Mr. Charles Grob is expecting to announce a schedule for the operations at the PEMEX wells this week. Chimera Energy’s engineering and planning associates have been in Houston making arrangements to coordinate the Mexico project.

Chimera Energy Corp. (CHMR), closed on Wednesday at $0.43, up 2.38%, on 622,660 volume. The average volume for the last 60 days is 427,143 and the stock's 52-week low/high is $0.1375/$2.00.

In Media Corp. (IMDC)

Atomic Pennies reported today on In Media Corp. (IMDC), and we are highlighting the Company as well, here at the QualityStocks Daily Newsletter.

In Media Corp. is a development stage company positioned to exploit the emerging market for Internet Protocol Television (IPTV) services for cable, satellite, internet, telephony and mobile markets. The Company’s objective is to become a worldwide leader of IPTV implementation systems via the design and delivery of a combination of hardware, software, manufacturing and content services at competitive prices. In Media’s principal executive office is in Los Altos, California. The Company lists on the OTCBB.

In Media offers their customers fully integrated plug-and-play solutions consisting of hardware devices, operating software, and access to a library of video content. At present, the Company provides a choice of three hardware devices. One is IPTV Set Top Box (IPSTB). The IPSTB enables a user to access video content including movies, videos, games, and educational or other promotional content by simply connecting the IPSTB to an ethernet cable from a home Internet source such as a Modem on one side to a Hi Definition TV set, or other display on the other. Once connected, the user gains access to internet content or premium distribution sites, which stream video over the internet.

The second is a Tablet PC.  The Company’s Tablet PC, offered in 7 inch or 10 inch screen models works in exactly the same way as their IPSTB, enabling the user to access video over the internet. Because the display and the STB functionality are both integrated into the device, the Tablet PC can also be used as a regular browser for web surfing and other internet enabled functions.

The third is Premium Video Content. Currently, In Media has the rights to make available their library of more than 4,000 entertainment titles - from Hollywood to "Bollywood" movies. This library can be made available and accessed by users through the Company’s IPTV platform by direct subscription, or indirectly through third party channels.

IPTV delivers video content from public domain and premium content sources over the internet to consumer display devices. These range from large screen TVs in the home, to mobile display devices such as the I-Phone or I-Pad. In Media’s systems may be offered to communications providers such as cable or satellite channels, governmental organizations, content owners such as publishers, movie and video game owners, and other premium content providers, or distributors and re-sellers who support such channels to either complete their proprietary offerings or provide an all-in-one solution.

In Media Corp. (IMDC), closed on Wednesday at $0.38, up 2.43%, on 4,683 volume with 8 trades. The average volume for the last 60 days is 165,474 and the stock's 52-week low/high is $0.041/$0.41.

Lone Star Gold, Inc. (LSTG)

Pumps and Dumps, Wyatt Investment Research, TheStockAdvisor, Investor Spec Sheet, Weiss Research, Another Winning Trade, and Stock Research Newsletter reported earlier on Lone Star Gold, Inc. (LSTG), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Lone Star Gold, Inc. is a start-up exploration stage company in the business of gold and mineral exploration, acquisition and development. The Company's acquisition and exploration approach strategically focuses on proven, stable precious metal regions in America and Mexico. Lone Star Gold is based in Albuquerque, New Mexico, and the Company’s shares trade on the OTC Bulletin Board.

Currently, Lone Star Gold has a 70 percent Working Interest (WI) in concessions covering 800 hectares in the La Candelaria project in Chihuahua, Mexico. The Company is evaluating these to determine the potential sites that represent the best potential for silver and gold deposits. In addition, the Company has an undivided 65 percent interest in the San Antonio del Potrero mine tailings project near the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.

Last month, Lone Star Gold provided an update on their Tailings Project operations and expansion near the city of Hidalgo Del Parral.

Two out of the Company’s three on-site washing jigs are now complete and operational. The jigs enable Lone Star to more than double the assay results for the project's tailings by separating the heavy mineral-rich material from the lighter worthless material in the tailings. As of July 19, 2012, Lone Star has been pre-washing material for two months to maximize the silver and gold content per ton of material to be shipped to one of two nearby floatation and leaching plants in Parral.

The Company’s team in Mexico has completed all preliminary study regarding the construction of a benign nitrogen leaching pile process plant on the Tailings Property. The leaching plant will be capable of processing greater than 1,000 tpd. This relatively new leaching process represents the benefits of not using cyanide and of having minimal environmental impact. The Mexico team has put together a team of metallurgists, engineers and construction crews to execute the leaching plant construction once all the necessary permits are in place.

Lone Star Gold, Inc. (LSTG), closed on Wednesday at $0.1150, down 2.54%, on 84,509 volume with 26 trades. The average volume for the last 60 days is 109,721 and the stock's 52-week low/high is $0.10/$1.40.

Abcourt Mines, Inc. (ABI.V)

Today we are highlighting Abcourt Mines, Inc. (ABI.V), here at the QualityStocks Daily Newsletter.

Trading on the TSX Venture Exchange, Abcourt Mines, Inc. is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Company primarily explores for gold, silver, copper, and zinc ores. Abcourt Mines is a reporting company in Quebec, Ontario, Alberta and British Columbia. The Company also lists in Berlin (AML-BE) and Frankfurt (AML-FF). On March 18, 2012, the Company had in working capital of approximately $6.0M. Abcourt Mines is based in Mont-St-Hilaire, Quebec.

The Company’s Elder mine with 43-101 gold resources, the Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources, and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is currently focusing on bringing the Elder and Abcourt-Barvue projects back in production with Elder as the first priority.

The Elder mine property is located 10 kilometers northwest of Rouyn-Noranda, Quebec and is 100 percent owned by Abcourt. The property consists of 24 contiguous claims and a mining concession covering an area of 587 hectares. There are several small royalties payable on different parts of the Elder property. The 100 percent owned Abcourt-Barvue property is located at Barraute, 60 kilometers (35 miles) north of the mining community of Val-d'Or, Quebec.  It covers 5,865 hectares with 139 claims and two mining concessions.

Simultaneously, Abcourt is working on other projects (Aldermac, Vezza, Jonpol and Vendome), to increase the Company’s mineral resources inventory. An updated 43-101 resource calculation was completed in May 2012 for the Elder mine. A positive 43-101 feasibility study was completed by GENIVAR in 2007 on the Abcourt-Barvue project. Furthermore, mill equipment was purchased.

In July, Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines reported on the progress made at the Elder mine. Pertaining to mine dewatering, earlier this summer, the water level in the shaft was maintained at approximately 30 meters below the fifteenth level. During that period, the Company gradually replaced the mine dewatering system by two permanent pumping stations. To the end of June, Abcourt pumped 191M Imperial gallons of water.

Concerning the rehabilitation of shaft, stations and escape ways, the Company has two crews doing rehabilitation work in these areas.

Approximately 50 percent of this work was already done as of July 10, 2012. The Company expects that the work will be completed by some time in September. Relating to the PEA report, the PEA undergoing preparation by Roche, Groupe-Conseil, is expected to be completed on time at the end of this month.

Abcourt Mines, Inc. (ABI.V), closed on Wednesday at $0.09, even for the day, on 87,800 volume.

TranSwitch Corp. (TXCC)

The Street, Wall Street Resources, StockEgg, PennyStockVille, PennyInvest, MadPennyStocks, BullRally, CoolPennyStocks, StockRich, and HotOTC reported on TranSwitch Corp. (TXCC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Trading on the OTCBB, TranSwitch Corp. designs, develops and supplies integrated circuit (IC) and intellectual property (IP) solutions. These solutions provide core functionality for voice, data and video communications equipment for network, enterprise and customer premises applications. The Company’s telecom products sell to original equipment manufacturers (OEMs) for use in a variety of communications network equipment. Their interoperable connectivity solutions sell to OEMs for use in consumer electronics. A Delaware corporation incorporated on April 26, 1988, TranSwitch’s principal executive offices are located in Shelton Connecticut.

The Company has more than 100 active customers. These customers include the foremost global telecom equipment providers, semiconductor and consumer product companies.

TranSwitch provides integrated multi-core network processor System-on-a-Chip (SoC) solutions and software solutions for Fixed, 3G and 4G Mobile, VoIP and Multimedia Infrastructures. For the customer-premises market, the Company offers interoperable connectivity solutions that provide a bridge between HDMI and DisplayPort and enable the distribution and presentation of high-definition (HD) content for consumer electronics, and personal computer markets. They also provide a family of communications processors that provide best-in-class performance for a range of applications.

At the beginning of August, TranSwitch announced that they retained Drakes Bay Company, LLC to sell selected TranSwitch patent families. The TranSwitch patent families relate to Wide Area and Local Area Networking, DSL, and Ethernet Semiconductor and Systems Technologies. In total, 77 US patents, 39 US patent applications and 32 international patents and applications will be offered for sale. TranSwitch will retain use licenses for these patents enabling the continued sale of legacy telecom products. Drakes Bay is a leading patent brokerage firm.

In addition, this month, TranSwitch announced financial results for the second quarter ended June 30, 2012. Net revenues for the second quarter of 2012 were approximately $3.8 million. This is compared to net revenues of $3.7 million for the first quarter of 2012 and $7.1 million for the second quarter of 2011. Net loss for the second quarter of 2012 was ($6.0) million, or ($0.19) per basic and diluted common share, compared to a net loss of ($6.1) million, or ($0.20) per basic and diluted common share for the first quarter of 2012, and a net loss of ($3.0) million, or ($0.11) per basic and diluted common share for the second quarter of 2011.

The GAAP gross margin for the second quarter was 67 percent. This is in comparison to the Company's GAAP gross margin of 59 percent for the first quarter of 2012, and 67 percent for the second quarter of 2011.

TranSwitch Corp. (TXCC), closed on Wednesday at $0.8375, up 3.40%, on 87,636 volume with 140 trades. The average volume for the last 60 days is 138,491 and the stock's 52-week low/high is $0.777/$3.65.

Eltek Ltd. (ELTK)

SmarTrend Newsletters reported yesterday Eltek Ltd. (ELTK), PennyOmega, BestOtc, CRWEFinance, CRWEPicks, PennyToBuck, StockHotTips, CRWEWallStreet, and DrStockPick did earlier, and we are reporting on the Company, here at the QualityStocks Daily Newsletter.

Listed on the NASDAQ Capital Market, Eltek Ltd. is Israel's leading manufacturer of printed circuit boards. The Company specializes in the complex high-end of PCB manufacturing - HDI, multilayered and flex-rigid boards. Their technologically advanced circuitry solutions are used in today's increasingly sophisticated and compact electronic products. Established in 1970, Eltek has their corporate headquarters in Petach Tikva, Israel.

Eltek is a leading manufacturer of PCBs for advanced electronics applications used by companies in Aerospace, Defense, Telecommunications and Medical equipment. The Company has a 7,000 SQM manufacturing space. Eltek is the largest PCB manufacturer in Israel. Eltek has 360 employees, with 320 in Israel, and 40 in Germany.  Kubatronik Leiterplatten GmbH is Eltek's European manufacturing subsidiary. They specialize in small volume quick turn around products. Kubatronik is based in Geislingen, Germany.

Eltek has invested heavily in state-of-the-art High Density Interconnect (HDI) technology. This is the foremost technology for PCBs. It enables significant reductions in size and weight of the PCB and simultaneously places the most advanced and dense components upon it. Eltek has invested between $6 million and $7 million in equipment and facilities to build the capacity and capability to offer their customers HDI products.

The Company serves customers in Israel and Europe. Some of their major customers are such leading companies as Alcatel Space Norway, Motorola Telecommunications (Israel) ltd., ECI Telecom Ltd., Orbotech Inc. and Given Imaging.

In July, Eltek announced that they purchased a new Orbotech Paragon™ Laser Direct Imaging (LDI) System for increasing capacity and shortening production time and improving product time-to-market. In July, Mr. Roberto Tulman, Eltek's CTO, said, "This new Paragon LDI system improves the technological capabilities for fine-line solutions, and joins a new Hakuto Cut-Sheet-Laminator and the latest Chemplate Indubond model, both purchased earlier this year."

Yesterday, Eltek announced their financial results for the quarter ended June 30, 2012. Revenues for the second quarter of 2012 were $11.5 million, the same as in the second quarter of 2011. Gross profit for the second quarter of 2012 was $1.9 million (17 percent of revenues) compared to $2.1 million (18 percent of revenues) in the second quarter of 2011.

Operating profit for the second quarter of 2012 was $465,000 compared to an operating profit of $426,000 in the second quarter of 2011. Net profit for the second quarter of 2012 was $351,000 or $0.05 per fully diluted share. This is in comparison to net profit of $257,000, or $0.04 per fully diluted share, in the second quarter of 2011.

Eltek Ltd. (ELTK), closed on Wednesday at $1.19, up 0.85%, on 23,171 volume with 46 trades. The average volume for the last 60 days is 15,645 and the stock's 52-week low/high is $0.91/$1.69.

Trans-Pacific Aerospace Company, Inc. (TPAC)

King of Stock and AllPennyStocks reported previously on Trans-Pacific Aerospace Company, Inc. (TPAC), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.

Trans-Pacific Aerospace Company, Inc. focuses on manufacturing and selling component parts for new commercial aircraft and spares for the existing commercial fleet by way of a Joint Venture (JV) in China. China is the largest market for commercial jetliners outside of the U.S. Founded in 2007; the Company formerly went by the name Pinnacle Energy Corp. They changed their name to Trans-Pacific Aerospace Company, Inc. in April of 2010. 

The Company refers to the component parts as self-lubricating spherical bearings. They help with different flight critical tasks, such as aircraft flight controls and landing gears. Trans-Pacific Aerospace is a sole source supplier of critical aircraft components in China that will also sell in export markets around the world. More than 3,000 of these parts are used in every aircraft and they must be replaced regularly. Upon commencement of production, Trans-Pacific Aerospace will be the first and only manufacturer in China certified to make these parts. 

Trans-Pacific’s manufacturing facility in China will make aerospace quality SAE-AS 81820, 81934 and 81935 plain spherical bearings, bushings and rod-ends. The design of these small components is to reduce friction and "bear" loads. Each bearing is a military spec, precision-tooled part. These parts are self-lubricating, and typically find usage in sections of an aircraft that are difficult or impractical to access for maintenance. They help with flight critical tasks including preventing the airframe from breaking apart, the engine from falling out over the Pacific and the landing gear from collapsing on impact with the runway.  

The Company’s experienced management team has proven precision bearing manufacturing expertise and extensive experience qualifying and selling to commercial and military customers.  In July 2010, Trans-Pacific Aerospace reported that their Godfrey (China) JV successfully completed prototype manufacturing and testing of bearings in Guangzhou, China. The parts assembled are the same kinds of parts that will undergo submission for qualification under SAE-AS standards. Trans-Pacific Aerospace had the tooling tested in the United States. It performed exactly as the Company had expected using their China-made assembly equipment. 

Trans-Pacific Aerospace Company, Inc. (TPAC), closed on Wednesday at $0.11, off by 13.39%, on 19,384 volume with 5 trades. The average volume for the last 60 days is 56,048 and the stock's 52-week low/high is $0.05/$0.16.

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The QualityStocks
Company Corner

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Teletouch Communications, Inc. (TLLE)

The QualityStocks Daily Newsletter would like to spotlight Teletouch Communications, Inc. (TLLE). Today, Teletouch Communications, Inc. closed trading at $0.48, up 4.35%, on 55,500 volume with 8 trades. The stock’s average daily volume over the past 60 days is 17,936, and its 52-week low/high is $0.253/$0.89.

Teletouch Communications, Inc. reported on the monumental series of achievements completed by the company during the 2012 fiscal year today, also offering choice metrics of the company’s performance, such as total operating revenues of $34.42M and a net income of $4.17M, or $0.08 diluted EPS.

Teletouch Communications, Inc. (TLLE) offers a comprehensive suite of wireless telecommunications solutions, including cellular, GPS-telemetry, and wireless messaging. Founded in 1964, the company provides its products and services to consumers, businesses, and government agencies, operating a chain of 11 retail and authorized agent stores, in conjunction with its direct sales force, call center operations, and various retail eCommerce websites.

Through its wholly owned subsidiary, Progressive Concepts, Teletouch operates a national distribution business, PCI Wholesale, primarily serving Tier-1 (AT&T, T-Mobile, Verizon, Sprint) cellular carrier agents, Tier-2, Tier-3, and rural carriers, as well as auto dealers and smaller consumer electronics retailers. The subsidiary's international sales coverage includes Canada, Mexico, Brazil, Singapore, and China.

The company is currently focusing on growing its core wholesale distribution business. The business plan being executed includes selling non-core corporate assets and reviewing potential acquisition opportunities. Operators and retailers of all sizes are seeking new sources of revenue at lower costs, creating a large opportunity to provide great products and value-added distribution capabilities at competitive prices.

Teletouch's management team has extensive experience in financing, acquiring, and operating retail, wireless and other related companies. Robert McMurrey, Chairman and CEO, guided Teletouch's original external expansion with the completion of over 15 acquisitions to date. Today, the company supports over 60,000 wireless customers, leveraging its long-standing relationships and global presence to drive future earnings growth. Disclaimer

Teletouch Communications, Inc. Blog

Teletouch Communications, Inc. News:

Teletouch Reports Fiscal Year 2012 Results

Teletouch 2012 Fiscal Year Ending May 31st Report Scheduled for August 29, 2012

Teletouch Sells Legacy Two-Way Radio Division to DFW Communications for $1.5 Million

Longhai Steel, Inc. (LGHS)

The QualityStocks Daily Newsletter would like to spotlight Longhai Steel, Inc. (LGHS). Today, Longhai Steel, Inc. closed trading at $1.13, up 4.63%, on 43,680 volume with 40 trades. The stock’s average daily volume over the past 60 days is 13,436, and its 52-week low/high is $0.15/$2.26.

Longhai Steel Inc. reported solid news today regarding their continued rise to dominance in the thriving steel wire market in China, with the announcement that the new high quality steel wire line has successfully completed initial production run tests and that the company looks to be on target for hitting full capacity at this new, ultra-modern facility by year’s end as planned.

Longhai Steel, Inc. (LGHS) is a leading producer of high-quality steel wire in eastern China, with annual capacity of 1.5 million metric tons. Longhai's wire is manufactured into screws, nails, and wire mesh used for fencing and to reinforce concrete. Longhai recently expanded its production facility to include specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod. Longhai Steel is headquartered in Xingtai, Hebei province, the People's Republic of China.

The company's competitive advantages are its advanced production equipment and process technology, high product quality, expedited production, and close proximity to distributors and end users. Longhai Steel recently opened a second production line, which increases its overall capacity by 67% and expands its product portfolio into higher quality steel wire for specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod.

Longhai Steel's growth strategy includes capitalizing on government actions aimed at encouraging industry consolidation via the acquisition of neighboring producers at attractive valuations. The company also plans to grow organically through capacity expansion, broadening its product portfolio, improving operating efficiencies, and continued expansion of technical expertise.

China is the world's largest producer and consumer of steel and steel wires. Demand for steel products is primarily driven by spending in the construction, automotive, and infrastructure industries in China. Continued economic development in Hebei, one of the largest steel manufacturing regions in China, and neighboring provinces, and further buildout of tier 3-6 cities in China, provide tremendous medium and long term opportunities for Longhai Steel. Disclaimer

Longhai Steel, Inc. Company Blog

Longhai Steel, Inc. News:

Longhai Steel Completes Testing of New Steel Wire Facility

Longhai Steel Provides Q2 2012 Earnings Call Transcript; Gross Profit Up 34%, EPS up 32%

Longhai Steel Announces Strong Second Quarter 2012 Operating Results

MusclePharm Corp. (MSLP)

The QualityStocks Daily Newsletter would like to spotlight MusclePharm Corp. (MSLP). Today, MusclePharm Corp. closed trading at $0.01, up 9.09%, on 14,410,033 volume with 234 trades. The stock’s average daily volume over the past 60 days is 1,033,143, and its 52-week low/high is $0.0055/$0.0375.

MusclePharm Corp. (MSLP) is focused on providing a full line of Informed Choice-approved nutritional supplements that not use any substances banned in the sports industry. Now sold in more than 120 countries and available in over 10,000 U.S. retail outlets, the company's products address all categories of an active lifestyle, including muscle building, weight loss, and maintaining general fitness through a daily nutritional supplement regimen.

Current CEO Brad Pyatt founded the company to develop a superior line of nutritional supplements that would help fellow athletes improve their performance in a way that existing supplements did not. Even as the company has grown, its mission has remained the same: to improve its customers' lives, increase their ability to excel, use cutting-edge science to develop the best nutritional supplements on the market, and provide a safe option for athletes.

MusclePharm's products were developed through exhaustive research at the MusclePharm Sports Science Center Research Institute. New products are created through a six-stage research protocol that involves the expertise of top nutritional scientists. Before launching a product, the company conducts field testing using a pool of over one hundred elite professional athletes from various professional sports leagues, including the National Football League, Mixed Martial Arts, and Major League Baseball.

Over the last few years, the consumption of sports nutrition products has shifted to mainstream consumers who have become the key drivers of growth within the industry. Teenagers and college students, women, and even older individuals are now using these products to help them live a more active and healthier lifestyle. With a full line of supplements and an extensive distribution network, MusclePharm is well positioned to capitalize on the growing demand. Disclaimer

MusclePharm Corp. Company Blog

MusclePharm Corp. News:

United States Sports Academy Researchers Present Clinical Trial Results For MusclePharms' Assault™ Pre-Workout

MusclePharm Announces Board Changes, Expansion

MusclePharm Nominated For 18 Bodybuilding.com Supplement Awards

Duma Energy Corp. (DUMA)

The QualityStocks Daily Newsletter would like to spotlight Duma Energy Corp. (DUMA). Today, Duma Energy Corp. closed trading at $1.43, up 1.42%, on 3,000 volume with 1 trade. The stock’s average daily volume over the past 60 days is 7,700, 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 Acquires Interest in 5.3 Million-Acre African Concession

Duma Energy Enters Final Stage of Negotiations for African Concession

Duma Energy Provides Third Quarter Results and Demonstrates Positive Earnings

Teletouch Communications, Inc. (TLLE) Reports Financial Results and Operational Highlights for Fiscal Year 2012

Teletouch Communications, a leading U.S. cellular services provider and consumer electronics distributor supporting over 60,000 wireless customers, earlier today reported its audited consolidated results on Form 10-K for the 2012 fiscal year ended May 31, 2012.

Financial highlights of the year include total operating revenues of $34.42 million; income from operations of $6.32 million; EBITDA of $7.48 million; net income of $4.17 million; basic earnings per share of $0.09; diluted earnings per share of $0.08; and reduction of total liabilities by $6.59 million. For the fourth quarter alone, the company reported total operating revenues of $8.30 million; income from operations of $0.65 million; EBITDA of $0.91 million; and net income of $0.16 million.

“As we look back and reflect on all of the events that transpired during fiscal 2012, what becomes readily apparent is the total mass of activity, both set-backs and accomplishments, that has set the stage for the Company’s future direction for the next several years,” stated T. A. “Kip” Hyde, Jr., President, Chief Operating Officer and Director of Teletouch. “From geometric growth in our two-way radio/PSE unit, to favorably settling the AT&T litigation, to a change of control in our stock holders, to our senior credit provider, Thermo Credit LLC, having its own difficulties and pulling our credit line, to a material sales tax assessment related to issues not identified in any State of Texas sales tax audits of the Company in any prior years, to satisfying the pent-up demand for the iPhone in our customer base, to completing our first direct handset manufacturer distribution agreement and a nearly a dozen other distribution agreements, we’ve been busy. To put it mildly, this past fiscal year has been a wild ride.”

Hyde continued, “Then add, since the end of the May 2012, the recent sale of that same two-way radio/PSE business, going through a road-show presentation process, with the subsequent term sheet negotiations and then signing, with due diligence now in process with a potential new lender, our high levels of activity continue, but are now all focused on furthering future growth for the Company. While we still have a few remaining challenges, returning Teletouch to operating profitability has been foremost among our goals, and we achieved that for the fourth quarter and year as a whole. All in all, it has been a great way to start fiscal 2013.”

On September 5, 2012, at 4:15 p.m. EDT (3:15 p.m. CDT), Teletouch will hold the company’s fiscal year 2012 earnings conference call. Investors interested in participating should call 866-901-2585 or 404-835-7099. Callers will be asked to provide their first and last names, with their company or financial institution name, as applicable. Participants are advised to dial in approximately 10-15 minutes before the conference is scheduled to begin. After their information is given to an operator, participants will be placed on music-hold prior to the start of the conference.

Other recent highlights noted by the company in today’s press release are presented below in their entirety.

1st Quarter

• Two-Way Radio/Public Safety Equipment business breakout quarter, with segment revenues increasing to just over $2.9 million in the first quarter, an approximately $1.8 million or 164% increase over the same quarter last year;
• Fundamental change of Company ownership and long-term stock voting control as result of former parent company, TLL Partners, LLC debt restructuring (see related detail in 8-K, filed August 18, 2011);

2nd Quarter

• Settled the AT&T litigation, resulting in the realization of material initial, as well as additional ongoing cash compensation, new iPhone and iPad sales agreements, with 3-Yr distribution contract extensions, and new 6-yr Dealer agreements (see related detail in 8-K, filed November 28, 2011);
• Settlement included AT&T non-interference clause, paving way for renewed Company-direct manufacturer distribution relationships;

3rd Quarter

• Fulfilled hundreds of iPhone deliveries to customers waiting for AT&T litigation end;
• Received the State of Texas’ computations from its ongoing sales and use tax audit of Company’s wholly owned subsidiary, Progressive Concepts, Inc. (“PCI”) through October 2009, resulting in an accrual of a $1.88 million estimated sales tax liability. In addition, the Company recorded a sales tax liability of approximately $0.3 million related to similar tax issues that are believed to have continued beyond the current tax audit period, for a total accrual in the period of $2.18 million;
• Teletouch’s senior lender, Thermo Credit LLC (“Thermo”) advised Company that it had to exit the Company’s $12 million revolving credit facility prior to the original term because of certain issues it had with its own lender;
• Amended Thermo senior debt agreement, deferring repayment of remaining note balance until May 2012, or August 2012, assuming certain criteria were met by Company, in exchange for a $2 million payment in March 2012 towards the outstanding loan balance;

4th Quarter

• Received extensions from both of the Company’s current real estate lenders which extended the maturity dates from May 2012 to August 2012;
• Entered into distribution agreements with a variety of cellular accessory manufacturers, including, Monster Digital, Concept 101, Pure Gear®, Boston Amplifier, Cellphone-Mate, Skunk Juice®, Digital Innovations, Dicotta Cases, Wilson Electronics®, among others;
• Expanded consumer electronics/12-volt audio product lines by entering into direct distribution agreements with manufacturers including Cadence Acoustics, Cerwin Vega®, Diamond Audio and Lightning Audio®;
• Returned Company to profitability, having positive EBITDA and net income for the fourth quarter (EBITDA is a non-GAAP measure; see “Disclosure of Non-GAAP Financial Measures” below).

Events Subsequent to Year End

• In June 2012, signed National Distribution Agreement with TCT Mobile Multinational Ltd to sell Alcatel OneTouch® branded cellular handsets. Initial inventory expected to be available by mid-October 2012;
• Sold legacy two way radio and public safety equipment business to Irving, Texas-based DFW Communications, Inc. for approximately $1.5 million in August 2012;
• Completed negotiating and executed term sheet with prospective new lender for senior revolving and term credit facilities to replace current credit facility with Thermo Credit. Although the term sheet is non-binding, diligence process started in late August 2012, with closing targeted for mid- to late September 2012.

Longhai Steel, Inc. (LGHS) to Reach Full Capacity at New Steel Wire Facility by Yearend

Longhai Steel, a producer of high-quality steel wire products in the People’s Republic of China, announced this morning that the company has completed testing of its initial production of high quality steel wire. Management anticipates ramping up production to full capacity by the end of 2012.

“We are pleased with the testing results from the initial production at our second facility,” stated Steven Ross, Executive Vice President of Longhai Steel. “We have met or exceeded all of our internal performance metrics and look forward to expanding our customer base and broadening our end market footprint.”

Longhai Steel’s growth strategy includes capitalizing on government actions aimed at encouraging industry consolidation via the acquisition of neighboring producers at attractive valuations. The company also plans to grow organically through capacity expansion, broadening its product portfolio, improving operating efficiencies, and continued expansion of technical expertise.

To learn more about the company, visit www.longhaisteelinc.com

Dick’s Sporting Goods to Sell MusclePharm Corp. (MSLP) Products Nationwide

Yesterday after the closing bell, MusclePharm, a nutritional supplement company, announced the addition of Dick’s Sporting Goods, Inc. to its growing list of retail customers.

The company said its award winning products Assault™, Combat Powder, and Muscle-Gel will be sold in 483 Dick’s locations throughout the United States. According to the release, product shipments have already begun and are expected to be in all locations within just a few weeks.

“Adding Dick’s Sporting Goods, one of the nation’s pre-eminent retailers, provides us with a significant outlet that brings our products directly to our targeted consumers and further extends the MusclePharm brand name,” stated Brad Pyatt, chief executive officer of MusclePharm.

Sold in more than 120 countries and available in over 10,000 U.S. retail outlets, MusclePharm’s products address all categories of an active lifestyle, including muscle building, weight loss, and maintaining general fitness through a daily nutritional supplement regimen. To learn more about the company, visit www.musclepharm.com.

The Case for Duma Energy Corp. (DUMA)

Unlike typical energy exploration and production companies, Houston’s Duma Energy Corp. is based on far more than hopes for a successful well. The company has a growing list of assets in both the U.S. and overseas, with expanding income and proven reserves necessary to sustain the company for the long haul.

• Duma’s key productive interests are located in the shallow waters in Galveston Bay and Trinity Bay comfortably near Houston. It also has interests in wells and sites in two other parts of Texas, as well as in Louisiana and Illinois.

• The company produced 38,000 barrels of oil equivalent (boe) in fiscal 2011, and has already produced over 45,000 boe in the first half of fiscal 2012, with recent year-over-year revenue growth exceeding 500%. Operating margins, now near 50%, are improving as new wells and production increase efficiencies.

• Duma has $77.7 million in proven reserves (discounted), with less than $12 million booked reserves.

• The company has a time-tested team leading it, with most of the invested capital coming directly from the CEO and insiders. As such, the company targets only industry standard and proven technologies, carefully avoiding risky plays that depend upon high commodity prices.

• In addition to productive and promising projects in the U.S., Duma now holds a working interest in a petroleum concession of approximately 5.3 million acres in the southwestern African nation of Namibia. The concession is located in the Owambo Basin, a huge area that extends across the northern border into Angola, one of Africa’s major oil producing countries. As part of the company’s strategy, overseas exploration efforts are well-funded through its ongoing and stable domestic production operations in the U.S.

In summary, Duma has growing revenue, cash flow, and a solid pipeline of prospects.

For additional information on Duma Energy, visit the company’s website atwww.DUMA.com

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