Tuesday, November 29, 2011

Golden Spirit Enterprises Ltd. (GSPT: OTC Link/FINRA BB) | Company Name Change

We featured GSPT not too long ago , Finally the name change is official. Let's see that juicy PR.
Tue, Nov 29, 2011 12:00 – Golden Spirit Enterprises Ltd. (GSPT: OTC Link/FINRA BB) – Company Name Change – Golden Spirit Enterprises Ltd. has changed its name to Terralene Fuels Corporation. The change goes into effect as of Tue, Nov 29, 2011. You may find a complete list of company name changes at otcmarkets.com.


Impressive share structure for GSPT

   Common stock, $0.0001 par value, 500,000,000 shares authorized
     Issued and outstanding:
     57,198,691 (2010 – 44,923,691) common shares

Monday, November 28, 2011

On watch: ASNB, BRCI, ANTX, OBNI



ASNB 

AdvanSource Biomaterials Corp.

On November 24, 2010, the NYSE Amex suspended trading in the Company’s common stock and filed Form 25 on December 6, 2010 notifying the Securities and Exchange Commission of their decision to delist the Company because the Company was not in compliance with Section 1003(a)(iii) of the NYSE Amex.


Results of Operations:

Three Months Ended September 30, 2011 vs. September 30, 2010

Revenues

Total revenues for the three months ended September 30, 2011 were $848,000 as compared with $491,000 for the comparable prior year period, an increase of $357,000, or 72.7%.

From most recent 10Q:


Stockholders' equity
                   
Preferred stock; $.001 par value; 5,000,000 shares authorized;
   500,000 shares issued and none outstanding as of
   September 30, 2011 and March 31, 2011
      -           -
Common stock; $.001 par value; 50,000,000 shares authorized; 21,533,922 and
   21,426,747 shares issued; and 21,457,230 and 21,350,055 shares outstanding
   as of September 30, 2011 and March 31, 2011, respectively.

We like ASNB for  a few reasons , revenue growth ,very low share structure, and longterm move back to the NYSE AMEX.

Note* While we were writing this report ASNB is getting serious action you may want to be quick on this one. It is near 52 week lows. (We own 14k shares of ASNB.)

BRCI 

Brampton Crest International, Inc.



Recent change in control of the company.

Business Description
America's Emergency Network is designed to be deployed in emergency centers and city halls in communities of any size, from the smallest communities to the largest counties in the United States. State and federal agencies can use the system to widely and inexpensively disseminate their message as well. The satellite-based system will continue to work after a disaster when terrestrial phone lines, cell towers and internet systems have been knocked out.

STOCKHOLDERS' EQUITY (DEFICIENCY)
                   
Preferred stock, $.001 par value; 300,000,000 shares authorized, 264,000,000 shares and -0- shares issued and outstanding as of March 31, 2011 and  December 31,  2010
    
Common stock, $.001 par value; 950,000,000 shares authorized, 190,949,124 and 200,000,000 shares issued and outstanding at June 30, 2011 and December 31, 2010 (respectively)

Keep an eye out for PR from BRCI, the stock is currently not liquid. Be careful.

ANTX   

AcuNetx, Inc.

Recent 8-k filing change in management:



Section 5 - Corporate Governance and Management

Item 5.02.    Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On November 17, 2011, Mr. Steve Butler, a member of Board of Directors of the Company resigned in writing at 2:34 pm. Replacing Mr. Butler are Mr. Frank Card and Ms. Cathy Elliott Jones as appointed by the Sole Director and Chairman of the Board, Chapin Hunt Jr.

Mr Hunt replaced the Acting CEO Consultant Joel Ciniero as Chief Executive Officer. Mr. Ciniero served a brief term as Acting Chief Executive Officer until a Mr. Hunt was identified and hired. Mr. Hunt holds the position of Chief Executive Officer, Acting Chief Financial Officer, Secretary and Treasurer.

Mr. Butler resigned from the Board of Directors and any other positions held with the Company on November 17, 2011 at 2:34PM in writing. Until that time, Mr. Hunt and Mr. Butler served on the board together.


Share Structure
Market Value1 $321,741 a/o Nov 25, 2011
Shares Outstanding 67,029,309 a/o Aug 23, 2010
Float Not Available
Authorized Shares Not Available
Par Value  0.001

We recommend waiting to see if ANTX starts bringing their filings current. That may cause us to pull the trigger.

OBNI

OBN Holdings, Inc.

Recent 8-K filing:
Kyodo USA, Inc., a wholly owned subsidiary of OBN Holdings, Inc. (Pink Sheets: OBNI), was granted permits to import and wholesale wine, beer and spirits in the State of California, and to sell wine, beer and spirit to distributors in the States of Texas and New Mexico. The permits were issued by the Alcoholic Beverage Control (ABC) agencies in each of the aforementioned states.


8275 South Eastern Ave.
Suite 200
Las Vegas, NV 89123

Website: http://www.obnholdings.com
Phone: 702-938-0467
Email: info@obnholdings.com

Update Company Info
Business Description
Company Information Update for OBN Holdings, Inc. (Symbol: OBNI) 

Updated Company Information 

Updated Company Email: info@obnholdings.com 
Updated Year Founded: 2001 
Updated # Of Employees: 10 As of 9/1/2009 
Updated Bankruptcy Status: Not in Bankruptcy 
Updated Non-bank Regulated Company: Yes 
Updated Primary SIC Code: 6719 - Holding companies, misc 
Updated Secondary SIC Codes: 4833 - Television broadcasting stations, 4953 - Refuse systems, 5141 - Groceries, general line, 5147 - Meats and meat products, 7389 - Business services, misc, 7812 - Motion picture and video production, 7822 - Motion picture and tape distribution, 7922 - Theatrical producers and services, 8742 - Management consulting services, 8748 - Business consulting, misc 
Updated Business Description: OBN Holdings, Inc. ("OBN") is a holding company with operations in several industries, including the internet broadcasting, television/film production, plastics recycling, intelligent traffic systems and the meat commodity trading industries. In addition, OBN has a subsidiary devoted to providing publicly stock trading listing services. Moreover, the Company is internationally diversified with subsidiaries in China, Japan and the United States. As a holding company our primary objective is to identify and acquire profitable small to medium sized companies as subsidiaries, then manage the subsidiaries growth and development.

OBN's principle business activity is to increase shareholder value by identifying and acquiring profitable companies in a variety of industries throughout the world. Once the companies are acquired, they are developed into more profitable ventures. There are no limitations as to the industry or the geographic region. The primary criteria is the business must 1) be generating a profit, 2) have a positive net worth, 3) have the capacity for growth, 4) must not be in an industry that is objectionable, and 5) the management/owner must be willing to continue operating the business. To date, acquisitions have been made using OBN common stock. As time progresses, management plans to use a combination of cash and stock.

OBN formed OBN Holdings (HK) Ltd to hold monitor and manage our interests in Mainland China and Hong Kong. The Company formed OBN Holdings Japan to hold monitor and manage our interests in Japan. 

Updated Company Officer/Contact: Roger Smith (CEO) 

Updated First Name: Roger 
Updated Email: roger.smith@obnholdings.com 
Updated Phone: 702-938-0467 
Primary Contact? Yes 

Updated Company Officer/Contact: Larry Taylor (CFO) 

Updated First Name: Larry 
Updated Email: larry.taylor@obnholdings.com 
Updated Phone: 702-938-0467 

Updated Company Officer/Contact: Donald Wilson (Secretary) 

Updated First Name: Donald 
Updated Email: donald.wilson@obnholdings.com 
Updated Phone: 702-938-0467 

Service Providers 

Updated Legal Counsel Contact First Name: James 
Updated Legal Counsel Contact Last Name: Dodrill 
Updated Legal Counsel State: FL 
Updated Legal Counsel Country: USA 
Updated Auditor State: CA 
Updated Auditor Country: USA 

Updated Security, OBN HOLDINGS INC (OBNI ), Information 


Contact Information 

Name of the person who completed this form Roger Smith 
Company Affiliation President 
Email Address roger.smith@obnholdings.com 
Updated Phone Number: (310) 466-8297

No recent share structure info
Share Structure
Market Value1 $629,175 a/o Nov 25, 2011
Shares Outstanding 17,477,084 a/o Jan 31, 2009
Float 799,985 a/o Jan 31, 2009
Authorized Shares 500,000,000 a/o Jul 01, 2008
Par Value  0.001

Watch for filings or PR from OBNI




Monday, November 21, 2011

CMGO filed their 10-Q today. Here is a snippett about the Audio Eye spinoff shares from the quartely report.


ITEM 4 – SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS


October 24, 2011, AudioEye, Inc. filed a registration statement to register the issuance of shares of its common stock, which will be distributed on a pro rata basis to the Company’s shareholders. In connection with a Master Agreement dated as of June 22, 2011 between the Company and AudioEye Acquisition Corporation, the parties agreed, among other things that the shareholders of AudioEye Acquisition Corporation will exchange all of their shares of the capital stock of AudioEye Acquisition Corporation for 80% of the capital stock of AudioEye, Inc. and the Company will distribute to its shareholders in the form of a dividend 5% of the outstanding capital stock of AudioEye, Inc. Concurrently with the filing of the registration statement, the Company has filed a proxy statement relating to a special meeting of the Company shareholders to consider and vote on the spinoff, the share exchange and related matters.

Titan Pharmaceuticals, Inc. (OTC:TTNP) Slides Down on a Royalty Agreement

Titan Pharmaceuticals, Inc. (OTC:TTNP) Slides Down on a Royalty Agreement
Posted on November 21, 2011 by pennystocksotc
Titan Pharmaceuticals, Inc. (OTC:TTNP) Slides Down on a Royalty Agreement
Last week, Titan Pharmaceuticals, Inc. (OTC:TTNP, TTNP message board) dipped under the 50-MA and throughout the last five sessions it was unable to regain its former position. On Friday, TTNP touched the moving average with the shadow of its candle depicting the intraday high at $1.36. However, TTNP closed the session lower at $1.27. Overall, the stock finished 0.79% lower than the previous close on a volume of 160 thousand shares, which is two times higher than the daily average. The data issued by FINRA showed that 26 thousand shares were exchanged in short transactions. This is roughly 17% of the whole volume. The deep plunge of TTNP happened on November 15 when the company announced it had entered into a $15 million royalty sale agreement with Deerfield Management Company LP. Then, on a volume of nearly 400 thousand shares TTNP crashed down 14.79%. From a technical point of view, at present TTNP has lost the support of the MACD which may additionally aggravate the stock’s effort to go back above the 50-MA.

No related posts.
Titan Pharmaceuticals, Inc. (OTC:TTNP) Slides Down on a Royalty Agreement



Friday, November 18, 2011

Terralene Fuels: (www.terralenefuels.com)


Innovation Solutions Now Inc, (Terralene) holds proprietary rights to technologies, systems, and these technologies will/are generate considerable value to the overall global entity. For example, a single licensing agreement (presently under discussion) for the company’s emissions reduction technology will generate as much as a $100 million USD, in licensing royalties as well as an ongoing royalty/licensing fee. 


By way of the Climate Change Convention in Kyoto, December 1997, 170 countries of the United Nations, have been involved in addressing Climate Control. They seek to curb Global Warming primarily through reductions in greenhouse gas emissions by industrialized nations. The UN intends to reduce current Co2 emissions by 6%, and eventually eliminate them completely. Most UN member countries have agreed to co-operate on crisis programs relating to climate change, the ozone hole, global warming, pollution, deforestation, housing, hunger and the depletion of fuel resources. 


TERRALENE® has been years in development from discovery through initial testing and refinement—from rough calculations and formulae to an effective working fuel prototype. Enormous progress has been made in developing a strong, flexible, and clean green fuel, which is effective in all vehicles currently on the road. 


The 2005 creation of a new corporation; Innovations Solutions Now Inc., is blessed with a focused and experienced management team that has brought TERRALENE® and its menu of options to the point of being market ready. 
TERRALENE® is not in current commercial production and while ISN has received strong positive responses from external testing at the Alberta Research Council (ARC) laboratories and at the Canadian Department of National Defense (DND) facilities, it is poised with Novel’s assistance to move into production. The development programme was/is vigorous and wide-ranging and while a great many solutions to address the world’s GhG situation are being offered every day, but none so far appear to have the wide ranging beneficial effect that TERRALENE® will have; the environmental value of TERRALENE® would be immediate. 


The uniqueness and evident potential of TERRALENE® motivated ISN to begin the process towards a patent for the fuel. With a filing date of 8 November 2006, US Provisional Patent Application No. 60/864,928 was made under “FORMULATION FOR USE AS A FUEL OR FUEL ADDITIVE”. 


TERRALENE® is a unique and significant fuel formulation. It reduces GhG emissions while maintaining an existing engine’s operational capacity at the same level it would have with currently available fuels. 


The TERRALENE® family of fuels is designed to meet a broad range of fuel needs. While based upon fossil fuels, it is also designed as a “Clean Fuel” and when blended with ethanol as a replacement green fuel to satisfy currently existing engine designs while addressing environmental concerns. 

Wednesday, November 16, 2011

CMG Holdings Group Inc. (CMGO) Announces Opening Of New Office

MIAMINov. 16, 2011 /PRNewswire/ -- CMG Holdings Group Inc. (CMGO) (OTCQB:CMGO.PK)www.cmgholdingsinc.com, CMG Holdings Group Inc. is a full service marketing communications holding company operating in the sectors of digital media, alternative advertising, new media marketing services, event management and commercial rights that has announced it has opened an office in New Haven, CT. The move expands CMGO's digital media and digital coupon operations as well as its interactive television and video production and digital advertising operations across Connecticut and in the New England arena. CMGO already has office locations in New YorkChicago, Tucson and Miami and this expansion move will allow marketing communications company to grow even more in the future. CMGO plans to expand its digital coupon operations and digital media presence in New Haven and add jobs across the state as the company launches their digital coupon platform across New England.
"We are pleased to announce the opening of our office in New Haven and look forward to the continued expansion within the state of Connecticut," said Jim Ennis, Chief Operating Officer, CMG Holdings Group Inc. "One of the reasons we are excited to expand intoNew Haven and Connecticut is their commitment to the growth of the digital media industry.  Having a presence in New Haven will allow us to attract highly-skilled digital media professionals who are familiar withConnecticut and New England."
About CMG Holdings Group Inc. (CMGO):
CMG Holdings Group Inc. is a full service marketing and communications holding company. CMGO's mission is to build a national platform of exceptional companies that deliver solutions in the areas of alternative advertising, new media marketing services, commercial rights, and talent management. CMGO is seeking to expand its national presence via its acquired companies, capitalizing on their intellectual properties, patents, sales and marketing, new product development and continued operations via economic recovery. CMGO operates two wholly-owned subsidiaries, XA, The Experiential Agency, Inc. and Audio Eye, Inc

Sunday, November 13, 2011

Level 2 Quotes , Day Trading

Level II can provide enormous insight into a stock's price action. It can tell you what type of traders are buying or selling a stock, where the stock is likely to head in the near term, and much more. Here we explain what level II is, how it works and how it can help you better understand open interest in a given stock.
What Is Level II?Level II is essentially the order book for Nasdaq stocks. When orders are placed, they are placed through many different market makers and other market participants. Level II will show you a ranked list of the best bid and ask prices from each of these participants, giving you detailed insight into the price action. Knowing exactly who has an interest in a stock can be extremely useful, especially if you are day trading. (For further reading, see our Electronic Trading tutorial.)



Read more: http://www.investopedia.com/articles/trading/06/Level2Quotes.asp#ixzz1dc29CN17