FridayFeb 01, 2008 10:42 am

Beacon Equity Research Featured Company: Rox Resources Ltd. (RXRS.PK)

Rox Resources Ltd. (RXRS.PK) explores for copper, zinc, gold and other valuable metals. The company also acquires mining properties in Canada, with its principal mine being the Fox Mine in the Canadian province of Manitoba. The Fox Mine covers an area of 8.2 square miles (2,110 hectares) with an abundant amount of copper and zinc deposits in past extractions. The Company believes that the Fox Mine contains five million tons of copper and/or zinc ore and 10 million tons of extractable copper and zinc ore. The untapped mineral deposits in the mine are estimated to exceed $6 million. The copper,…

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FridayFeb 01, 2008 10:32 am

USTelematics, Inc. (UTLM.OB) Announces New Corporate Video Featuring Product Introductions at Recent CES Show

USTelematics announced this morning that it has released a brand new video that provides investors with even better insight of its breakthrough product lines. The corporate video also demonstrates the revenue opportunities in the fast-growing, multibillion-dollar telematics marketplace. The video was filmed at the recent 2008 International CES show, which was held in Las Vegas. The annual expo is known as the world’s largest and most prestigious event in the consumer electronics industry and is regularly used as a platform to launch revolutionary products. The video shows the Company’s innovative product lines, including Vivee(TM), a communication solution that reads text…

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FridayFeb 01, 2008 10:27 am

Beacon Equity Research Featured Company: Platina Energy Group, Inc. (PLTG.OB)

Platina Energy Group, Inc. (PLTG.OB) is a diversified exploration and production company. The company has multiple oil and gas lease properties in North America and has a proprietary enhanced recovery technology. It owns reserves in excess of $60 million and is in the production phases of oil wells in Texas. The Company was formed in 2005 and has managed or is in the process of acquiring properties in Northeast Tennessee, West Texas, Texas and Oklahoma. Platina is able to diversify its exposure while building assets and cash flow with minimal balance sheet debt leverage or shareholder dilution. It has proven…

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FridayFeb 01, 2008 10:16 am

Beacon Equity Research Featured Company: Medina International Holdings, Inc. (MIHI.OB)

Medina International Holdings, Inc. (MIHI.OB) designs, manufactures and sells recreational, fire, rescue and police boats for the US and international markets. The boats produced by Medina are designed for private, state, local, federal agencies and military use. There is an increased demand for specialized quick response boats since September 11, 2001. Increasing terrorism concerns and heightened US Homeland Security includes the need to secure and defend open coastline, bays, harbors, rivers, waterways, private industrial sites and ports. The Company has a signed agreement with Kelly Space & Technology, Inc, which makes Medina the exclusive distributor for watercraft sales to the…

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FridayFeb 01, 2008 10:15 am

Beacon Equity Research Featured Company: NextPhase Wireless, Inc. (NPHS.OB)

NextPhase Wireless, Inc. (NPHS.OB) is a provider of broadband wireless services to more than 10,000 customers across the US. The company specifically designs, deploys, and operates its WIMAX-ready wireless networks with access in over 175 cities. These networks offer faster speeds and broader coverage than the competition such as Wi-Fi. It is estimated that WiMax and other wireless services will reach 6% of the 500 million mobile wireless customers by 2010. NextPhase has approval from the Federal Communications Commission (FCC) to provide WiMAX wireless services in the newly released 3.65 GHz band. The Company has also secured rights to use…

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FridayFeb 01, 2008 9:39 am

Palomar Enterprises Inc. (PLMA.OB) Updates Shareholders

On February 4, 2008 Palomar Enterprise will implement a reverse stock split of 300:1. The company is taking this step in order to provide long term appreciation for its shareholders. The recapitalization will reduce the common shares outstanding below 2 million shares, which provides a much better platform for price appreciation. Going forward the company has retained a prominent investment firm to represent its developments to the investment community. Palomar Enterprises is a Real Estate Brokerage Firm, registered with the California Department of Real Estate. The Company provides real estate services and mortgage lending services, by assisting clients with the…

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FridayFeb 01, 2008 9:08 am

Answers.com: Calling A Tail A Leg

Some astute investors contacted me yesterday regarding my short pick: Answers com (ANSW). They questioned my due diligence but thankfully not my integrity. I have read the 10Q’s, the 10k and the most recent conference call transcript. They pointed out that I failed to mention that ANSW revenues are growing sequentially and substantially and that they have shown several consecutive quarters of improving losses. Two investors demanded retractions and one accused me of trying to manipulate the stock. One threatened to call the SEC. Last time I checked, the First Amendment applies to bloggers, even lowly stock market bloggers like…

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FridayFeb 01, 2008 8:33 am

Daily Views for February 1, 2008

Company Tags: Google (GOOG); Microsoft (MSFT); Office Depot (ODP); Staples (SPLS) Wal-Mart de Mexico (WMMVF); Medarex (MEDX); 11am ET…February 1, 2008 --- Comment on Markets, Companies and Events in the News Google TV…and 3-Position Builders The morning news is dominated by the Microsoft (MSFT: $32.60) takeover of Yahoo! (YHOO: $28.66), setting the stage for the competitive environment in the online advertising industry. Google (GOOG: $564.30), however, already seems poised for the next generation of media…announcing on January 24th that it would file an application to bid on the 700-meghahertz spectrum being vacated by the television networks re-tooling to digital. “Google…

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FridayFeb 01, 2008 8:05 am

RedChip Upgrades Pressure Biosciences (PBIO.OB) Price Target to $10 Per Share

For the quarter, ending September 30, 2007, Pressure Biosciences saw revenue grow 50% year over year. This was due mostly to increased sales of PCT instruments. Revenue ended the quarter at $138,000. The Company has been spending considerably on marketing and commercialization of its PCT devices and it should begin to pay off heavily FY2008. The analyst who completed the report stated, "We maintain our Speculative Buy rating on PBIO stock and raise our 12-month price target to $10 per share from our earlier target of $7 given the Company's superior technology and our belief that sales will accelerate in…

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FridayFeb 01, 2008 7:56 am

Art Technology Group Inc. (ARTG) Extends Deadline for First e-Commerce Ingenuity Business Plan Competition

Art Technology Group, Inc. (ARTG) announced that the company has extended the deadline for contestants to enter the first ATG e-Commerce Ingenuity Business Plan Competition; all submissions must be submitted on or before Thursday, February 14, 2008. Entrants that have already submitted a plan can use this extension to resubmit material if they so desire. Examples of encouraged submission concepts could include: • New e-technology solutions • New solutions for creating loyal consumers • Visionary user-interface developments The first place winner will receive a prize of $50,000 in cash. A "People's Choice" winner will receive $10,000 in cash as a…

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