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ThursdayMar 06, 2008 5:52 pm

FTS Group, Inc. (FLIP.OB) Sees Potential in IT Solutions Provider; Signs “LOI” to Acquire

Information technology acquisition and development company FTS Group, Inc. announced today that they signed a letter of intent to acquire a Major IT Solutions provider with $25 million in annual sales. Right now, FTS is generating $7 million in yearly revenue so the acquisition could boost sales 4 times what they are now. This is huge for the company; they are acquiring a leading IT Solutions provider that is currently operating with a positive cash flow. The deal is likely to close next week. Investors are anticipating that the company will host a call to discuss the deal and 2008…

ThursdayMar 06, 2008 5:46 pm

OTCReporter Featured Company: Tengasco, Inc (TGC) Expanding Company's Resources and Reports 2007 Revenues

Tengasco, Inc. (TGC) engages in the acquisition, exploration, and development of oil and natural gas throughout North America. Currently, the company has operations in Kansas and Tennessee. The company proved reserves of 2,145,190 barrels of oil and 1,786,742 MCF of gas at the end of 2006. Headquarters are located in Knoxville, TN. The company reported their total proved reserves for the year of 2007, which turned out to be more than double that of 2006. The gas reserves as of December 31, 2007 calculated at a net present value using a 10% discount factor was $53,627,086, up from the 2006…

ThursdayMar 06, 2008 3:36 pm

Beacon Equity Research Featured Company: Viper Networks, Inc. (VPER.PK)

Viper Networks, Inc. (VPER.PK) provides voice over Internet protocol (VOIP) communications products and services for consumers, businesses, institutions, and Internet service providers worldwide. Its products include vPhone, a USB powered telephone device that allows calls to various phone numbers worldwide over its global VOIP network; a USB powered IP phone adaptor that allows a user to connect any standard telephone to a personal computer in order to place calls over the Company’s global VOIP network; a WI-Fi Vphone; and the IP PBX which provides multi functional telephone features and calling services to business users. The company sells its product through…

ThursdayMar 06, 2008 3:27 pm

Beacon Equity Research Featured Company: Clearly Canadian Beverage Corp. (CCBEF.OB)

Clearly Canadian Beverage Corp. (CCBEF.OB) has earned a reputation for providing innovative sparkling water and packaging. The company markets premium alternative beverages, including Clearly Canadian® sparkling flavored waters and Clearly Canadian dailyEnergy, dailyVitamin and dailyHydration Natural Enhanced Waters. Their products are distributed in the United States, Canada and other countries. Clearly Canadian acquired DMR Food Corporation and My Organic Baby Inc. These acquisitions marked the Company’s debut into organic and natural products with a full line of organic baby and toddler foods under the brand names ‘My Organic Baby’ and ‘My Organic Toddler.’ The acquisitions also allowed them to offer…

ThursdayMar 06, 2008 2:34 pm

Fox Petroleum Inc (FXPE.OB) Announces Receipt of Positive Feedback Report

Fox Petroleum, an oil and gas exploration and production company headquarter in London, England, announced receipt of positive feedback in a new third-party analyst report titled “We Believe Fox Is Currently Significantly Undervalued.” The report, authored by analyst Ernest C. Schlotter, was released to the public on Tuesday, March 4th by SISM Research and Investment Services. Earnest C. Schlotter, wrote, “Despite encouraging fundamental improvements within the Company as well as record high oil prices, the stock of the Company came heavily under sell pressure and currently trades at $0.87, which is only 0.12 times our calculated heavily risked-adjusted Appraised Net…

ThursdayMar 06, 2008 2:32 pm

AVANIR Pharmaceuticals (AVNR) Announces Agreement to Sell Portfolio of Human Monoclonal Anthrax Antibodies

AVANIR, a pharmaceutical company focused on acquiring, developing, and commercializing novel therapeutic products for the treatment of chronic diseases, announced that it has carried out a definite agreement to sell its collection of human monoclonal anthrax antibodies to Emergent BioSolutions. Emergent also acquired AVANIR’s AVP-21D9 (a fully human monoclonal antibody developed using the Xenerex Technology platform and AVANIR’s lead candidate) as well as other anthrax antibodies. Potentially, AVANIR may receive up to $1.75 million in upfront payments, including royalties on annual net sales if the product goes commercial. Greg Flesher, Vice President of Business Development for AVANIR Pharmaceuticals said, “Emergent…

ThursdayMar 06, 2008 2:31 pm

GenVec (GNVC) Announces SBIR Grant Approval from NIAID

GenVec (www.genvec.com), a biopharmaceutical company developing novel therapeutic drugs and vaccines, announced that it has received a Phase I Small Business Innovation and Research grant from the National Institute of Allergy and Infectious Diseases of the National Institutes of Health to assist GenVec’s work to create novel adenovector-based vaccines for HSV-2 (a virus of genital herpes). The SBIR grant will support development being administrated at Gen Vec, the Vaccine and Infectious Disease Institute at Fred Hutchingson Cancer Research Center, and the University of Washington. Dr. Rick King, GenVec’s Senior Vice President of Research and Development commented, “HSV-2 continues to be…

ThursdayMar 06, 2008 1:03 pm

Rudy Nutrition (RUNU.PK) is "One to Watch"

Rudy Nutrition creates, distributes and licenses “Rudy” branded products that are designed to appeal to parents, kids, athletes, and active people who are seeking alternative healthy choices. The management of the company is committed to incorporating policies to ensure a return on investment to shareholders. Rudy! Rudy! Flying Colors(TM) and Rudy Revolution(TM) are the first to be included in a new line of low-sugar, high nutrition fortified beverages. Each product is invigorated by the inspirational message of “never give up” captured in the movie “Rudy,” and made with a health-enhancing blend of vitamins, electrolytes, minerals and carbohydrates. Daniel Ruettiger, President…

ThursdayMar 06, 2008 12:17 pm

Famous Uncle Als Hot Dogs & Grille Inc. (FDOG.OB) Offers Many Advantages

This restaurant franchise offers entrepreneurs the chance to own and operate their own Uncle Al’s Hot Dog Grille. They give individuals and businesses the opportunity to own multiple units and become regional developers in their area with exclusive territory rights. Therefore, it is easy to see the growth potential for Famous Uncle Al’s Hot Dogs. What makes the Franchise network at Uncle Al’s so unique is the fact that products are manufactured previous to being distributed to the franchisees. They run a clean supply chain to the franchise stores. Products are sent directly from their facilities to distributors who deliver…

ThursdayMar 06, 2008 12:07 pm

Smith Micro Software Inc. (SMSI) Stock Up 25% on Q4 Profits

Smith Micro Software Incorporated reported yesterday that its fourth quarter earnings beat market estimates. Morgan Joseph analyst Kevin Dede said, “The rise in shares was due to the earnings beat and covering of short positions by investors.” Smith Micro earned 25 cents a share, excluding items, for the fourth quarter, while analysts on average were expecting earnings of only 20 cents a share, excluding special items, according to Reuters Estimates. Looking forward, the company also said that it is expecting revenue of $95 million to $105 million for fiscal ‘08, analysts are expecting revenue of $102.7 million. The earnings release…

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