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TuesdayJan 29, 2008 4:07 pm

One Regional Bank Stock’s Woes

You can watch the way the subprime mortgage crisis has worked itself into both the economy and the market when you see its effects on specific companies. While Citigroup’s (NYSE: C) nightmarish immersion in the subprime waters has been copiously documented, as it was front-and-center on not just financial media but mainstream media, many regional banks and mortgage companies, though they didn’t have tens of billions of dollars in writedowns, were still hit hard. One such regional bank is National City Corp (NYSE: NCC). National City does most of its business in Ohio, Michigan, Indiana, Kentucky, Missouri, and Pennsylvania—the midwest…

TuesdayJan 29, 2008 1:31 pm

OTCPicks Featured Company: International Consolidated Companies, Inc. (INCC.OB) Signs Letter of Intent to Acquire U.S. Businesses

International Consolidated Companies, Inc. recently signed a letter of intent to acquire businesses with unaudited USD $40 million in revenue, USD $4 million net profit, and USD $50 million in assets. Included in the letter is the acquisition of Hebei Jiasheng Pharmaceutical & Chemical Limited Co. and its subsidiaries located in Shijiazhuang City, Hebei Province Peoples Republic of China. The company and its subsidiaries amount to over 21 years of experience and host a strong management team. Currently, the company employs over one-thousand people, and brings an extended background in research, sales, and manufacturing. With the manufacturing and selling of…

TuesdayJan 29, 2008 1:26 pm

Halcyon Jets Holdings, Inc. (HJHO.OB) – Highly Respected by Customers

This elite group of professionals in executive jet services has dedicated the company to superior safety and customer care. They have access to any type and size of aircraft giving their customers a diverse selection. The company strives hard to meet and exceed its customer’s expectations because there is no contract. Customers can terminate at anytime and use them as much or as little as they want; a rarity in the executive jet industry. This puts it on the company to develop a strong customer relationship and deliver results to its customers. Current customers have nothing but good things to…

TuesdayJan 29, 2008 1:20 pm

OTCreporter.com Featured Company: Quest Minerals & Mining Corp. (QMNM.OB) Retains White Star Mining LLC at Kentucky Site

Today Quest Minerals & Mining Corporation announced that they will be retaining White Star Mining to continue mining operations at the company’s Pond Creek mine in Slater’s Branch, Kentucky. The President of Quest Minerals & Mining, Eugene Chiaramonte, Jr, stated, “We are very excited that White Star has agreed to conduct mining operations at the Pond Creek Mine. They have significant experience in the coal mining industry and have an excellent reputation for providing quality work. We are looking forward to having them as part of our team and we look forward to a prosperous relationship.” Quest Minerals has also…

TuesdayJan 29, 2008 1:17 pm

With USTelematics, Inc. (UTLM.OB), Business Never Stop

Many cities across the country are enforcing a new law that bans cell phone use in school zones and can result in a hefty fine if violated. The world doesn’t stop spinning during school hours, and many people find it necessary to communicate while driving. For them, USTelematics, Inc. (OTCBB: UTLM) has designed Vivee. The software can be downloaded onto any Windows desktop or Windows mobile device, and the company is working to expand capabilities to other devices such as the iPhone. The online service features an animated character that “speaks” the users’ incoming e-mail or text messages, allowing them…

TuesdayJan 29, 2008 1:12 pm

Fund.com, Inc. (ESVH.OB) – An Online, Next Generation Investor’s Tool

Online media company Fund.com (OTCBB: ESVH) is working toward building a destination Web site full of personal finance channels, commodities and other investment vehicles such as mutual funds, hedge funds, money markets funds, exchange traded funds (ETFs) and more. The “Investor’s Tool” is the company’s flagship. EQUITIES Magazine was created in 1951 to expose leading growth stories and has expanded to include contemporary issues that can affect public companies. With the help of a management team comprised of seasoned Internet executives, Fund.com also targets the cyber world, and has acquired the Fund.com and accreditedinvestor.com as its domain names. The team…

TuesdayJan 29, 2008 1:07 pm

Allpennystocks.com Featured Company: Millennium Biotechnologies Inc. (MBTG.OB) Reports 40% Sales Growth in Greek Market

Millennium Biotechnologies has reported 2007 sales figures of their Resurgex line of products in Greece. They finished their year with $50,000 in sales, 40% higher than their 2006 revenues of $30,000. Their successful entry into a tough market like the one in Greece is largely attributed to their relationship with Nutrimedica. Nutrimedica is a distributor that has preexisting knowledge of Greek regulations, markets and consumers that has allowed Millennium Biotechnolgies to gain access to the right place at the right time. Resurgex is marketed with three products, Resurgex, Resurgex Plus and Resurgex Select. All three are designed to help cancer…

TuesdayJan 29, 2008 10:28 am

StockEgg Featured Company: Charming Shoppes (CHRS) Retooling for the New Year

The retail clothing marketplace appears to be coming off a poorer than expected holiday season. How purveyors of retail fashion reset their priorities for coming quarters may lead to some interesting changes. Charming Shoppes, Inc., a multi brand/multi channel retail clothing marketing company, is currently working through two disappointing sales periods. To correct the company’s direction, current strategy changes include: additions to the company’s marketing arm, stock repurchasing and expansion of marketing channels. Leading brands of the company include: Lane Bryant, Fashion Bug and Catherines’ Plus Sizes. Post Christmas tabulation of holiday sales is ongoing with several retailers finding less…

TuesdayJan 29, 2008 10:16 am

OTCPicks Featured Company: VitalTrust Business Development Company (VTBD.OB) Announces Transition to Integrated Alternative Energy Company and Name Change

VitalTrust Business Development Company (OTCBB: VTBD) announced that with the completion of the company's election to withdraw from being treated as a business development company, they will continue operating as a vertically integrated alternative energy company. The company will also be changing its name to Renewable Energy Resources, which will better favor their business strategy. The mission of Renewable Energy Resources will involve "Delivering Renewable Fuels to the World," as stated by the company. Through organic growth and the existing acquisitions of a number of alternative energy companies during the first quarter of 2008, the company is confident in carrying…

TuesdayJan 29, 2008 10:12 am

StockEgg Featured Company: Global Resources Corporation (GBRC.PK) Makes its First Long-Term Sale

Oil shale and sand oil have long been thought of as the “alternative” petroleum product to oil as current sources dwindled. Getting the hydrocarbons out of the shale and sand, in an economical fashion, was the issue. It appears that this issue may be on its way to being solved, if it works as planned. Global Resources Corporation, a global petroleum research, development, and manufacturing company, works to recover usable petroleum products from new and used sources. Using a patent pending microwave process, the company uses exacting radio frequencies to unlock hydrocarbons from material sources such as oil shale, sand…

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