(OTCBB: UVSE), Ariel Way, Inc. (OTCBB: AWYI), Splinternet Holdings, Inc. (OTCBB: SLNH), Auctions International Inc. (OTC: AUCI), GTREX Capital, Inc. (OTCBB: GRXI)
Are you a public company looking for exposure?
Contact RealPennies.com - 1.800.940.6559
For more info: http://uvse.realpennies.com
UNIVERSAL ENERGY CORP (OTCBB: UVSE)
Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Alberta, Canada, Louisiana and Texas. Visit www.universalenergycorp.info for more details.
UVSE News:
December 10 - Universal Energy Corp. Enters Into Main Objective Sandstones at Its East OMG Prospect
Universal Energy Corp. (OTCBB: UVSE), an emerging domestic oil and gas exploration and production company, provided the following update on its East OMG prospect. Drilling operations have reached a vertical depth of 14,564 feet. Universal Energy anticipates that drilling operations will continue for seven more days to reach a total vertical depth of 16,500 feet.
The four objectives in the East OMG prospect are as follows: Upper Miogyp Sandstones and Camerina Sandstones (main); MH-1 & MH-2 (secondary). "We are pleased to announce that analysis of the well logs indicates pay in our secondary targets," commented Billy Raley, CEO of Universal Energy Corp. Raley continued, "Well data has been positive and suggests that we have now entered into the Camerina sandstone. We look forward to entering the Miogyp next week."
The main objective sandstones, Camerina and Miogyp, which comprise the East OMG prospect, have potential reserves in excess of 59 Billion Cubic Feet Equivalent of gas valued at approximately $416,000,000. Universal Energy Corp. holds a 17.5 percent working interest in this prospect.
For more info: http://awyi.realpennies.com
ARIEL WAY INCORPORATED (OTCBB: AWYI) "Up 75.00% in morning trading"
Ariel Way, Inc. operates as a technology and services company for global communications, multimedia, and digital signage solutions and technologies. It develops and deploys solutions for business television, digital signage, and interactive media delivered over a combination of satellite, terrestrial, and wireless local networks. The company's digital signage service includes technologies using LCD television and plasma screens to deliver video based messaging directly to consumer audiences. Its integrated multimedia services include music radio, video, and Internet protocol based file transfer for training/catalogs/point of sale integrated with other information to the clients. Ariel Way serves finance-oriented services companies primarily in United Kingdom. The company is headquartered in Vienna, Virginia.
AWYI News:
December 11 - Ariel Way, Inc. Signs LOI to Acquire Syrei Holding UK, Ltd
Deal Expected to Add More than $7.5 Million Revenue, be Immediately Accretive to Ariel Way 2008 Earnings
Ariel Way, Inc. (OTCBB: AWYI) announced that the Company has signed a letter of intent to acquire Syrei Holding UK, Ltd, a UK and Sweden based a telecom-consulting firm comprised of senior specialists and experts in the evolving global telecommunications market (www.syrei.com). The deal is forecast to add more than $7.5 million in annualized revenue and to be accretive to Ariel Way's 2008 earnings with over 10% EBITDA. The transaction, which is subject to the signing of definitive agreements and customary closing conditions, has a two-step closing process with a first expected closing in late December 2007. The terms of the transaction were not disclosed.
Arne Dunhem, Ariel Way president and CEO, said, "We are excited with the prospect of having Syrei and its highly skilled consultants to be part of our operation. Thomas Strangert's team of technical experts have over ten years successfully provided and will continue to provide services worldwide to major corporations and telecom operators. They will also add global expertise to our strategy of building a state-of-the-art highly secure Digital Signage Network and will have primary focus on markets in Europe and Asia. We expect this acquisition to be immediately accretive to Ariel Way's earnings. Further, upon the full integration of this transaction, we anticipate moving into the black at the operating income line on a consolidated basis."
Thomas Strangert, CEO of Syrei, said, "We are looking forward to working with Arne and his team to integrate Syrei with Ariel Way's strategy. We are excited about actively supporting the Digital Signage activities in Europe and Asia in addition to continue to expand our current customer base on a worldwide basis."
Syrei, founded in 1997, is a telecom-consulting firm operating out of the UK and Sweden comprised of senior specialists and experts in the evolving global telecommunications market. Syrei's management and technical experts have successfully delivered professional services to value added service providers, telecom equipment manufactures and operators in more than 40 countries around the world. Syrei is a complete solution provider and a system integrator that is able to accept the total responsibility of large and complex projects. Syrei's consultants have been brought in to advise and aid major corporations and telecom operators like Ericsson, Nokia, 3GIS, ABB, Orange, SonyEricsson, Swedbank, Tele2, TeliaSonera, TIM etc.
For more info: http://slnh.realpennies.com
SPLINTERNET HOLDINGS (OTCBB: SLNH) "Up 46.67% in morning trading"
Splinternet Holdings, Inc., through its wholly owned subsidiary, Splinternet Communications, Inc., operates as a developer of voice over Internet protocol (VoIP) technology and services, which enable customers to make phone calls utilizing the Internet as an alternative to the traditional public switched telephone network (PSTN). The company's solutions overlays voice communications on top of customers' high-speed Internet connection. It also resells excess VoIP capacity primarily to traditional international long distance carriers. Splinternet Holdings, Inc. has operations primarily in the United States. The company was founded in 2000 and is based in Norwalk, Connecticut.
SLNH News:
December 11 - Splinternet Holdings Announces Entry into Anti-Terrorism Market
Splinternet Holdings, Inc. (OTCBB: SLNH) announced that it is entering the anti-terrorism market with a new radiation detection device and monitoring system which will provide early warning of the presence of radioactive materials of the type feared to be usable in dirty bombs.
Together with its development of a networked radiation detection device, Splinternet has entered into a cross-licensing and selling agreement with privately-held Vidiation, LLC, a development-stage company with a revolutionary technology to identify radioactive materials by analyzing streams of data from video surveillance systems. Vidiation launched its Vidiation-Radiation Analytics Detection System or V-RADS at the Fall 2007 ASIS conference, and plans to enter the market shortly (www.vidiation.com).
Vidiation is the developer of a software-based technology that detects the presence of radiation when it comes in range of a video surveillance camera. The gamma rays from threats such as "dirty bombs" strike an image sensor in the camera causing a detectable pattern of interference. As the data from the camera is examined by Vidiation's V-RADS software, this radiation pattern is detected and an ALERT is sent to the designated monitoring station. This is strictly a software solution, which doesn't require modification to the cameras.
The Splinternet device is more sensitive than the software/video camera solution, but it does not provide a video image of the monitored site, as the Vidiation system does. The two systems are wholly compatible and complementary.
Vidiation's software solution dovetails with Splinternet's existing VoIP infrastructure, and requires no additional commitment of capital or retrofitting of Splinternet's existing network. By leveraging its VoIP expertise, Splinternet has developed a small hardware-based radiation detection device to work in conjunction with Vidiation's software by functioning as a smart networked radiation detection node. Like Splinternet's VoIP solution, the combined Splinternet/Vidiation products will network using Ethernet technology and will be managed via a local LAN or the World Wide Web.
Splinternet's President, James Ackerly said, "Splinternet and Vidiation have each developed ways to monitor large areas for the existence of gamma ray-emitting substances, and the realization that our two techniques are helpful to each other, rather than competitive has led us to the new business arrangement we are announcing today. We are pleased to enter the 'War on Terrorism' in this way, as the availability of wide area detection systems will serve as a deterrent to those who would hope to sneak a dirty bomb into an economically or politically strategic location. We have been attracted to the anti-terrorism space for some time and believe that with Vidiation we have a compelling entry into the market. We believe there is significant demand worldwide for this service, which offers customers a new layer of protection from improper transport of high energy materials."
Ackerly continued, "We have tested the prototype combined system in real-world medical facilities and are pleased with the results. We will work with Vidiation toward achieving government validation, which we expect will be realized in early 2Q08, at which time we plan to begin aggressively selling the systems. In fact, the US Government has budgeted over $1 billion in 2007 for radiation detection systems, but it is reported that they are dissatisfied with the existing solutions. We believe our combined offering will have a significant impact in the radiation detection market. We are excited about this new product offering and plan to continue our strategy of targeting partnerships and acquisitions with innovative product offerings that can leverage our management and our network expertise."
For more info: http://auci.realpennies.com
AUCTIONS INTERNATIONAL (OTC: AUCI) "Up 17.65% in morning trading"
Through its wholly owned subsidiary AutoBidLive, Auctions International Inc. is set to bring together over 65,000 North American licensed pre-owned auto dealers into a dynamic online auction reducing their dependence on physical auctions. By utilizing state-of-the-art technology, dealers can make bids in real time, move inventory, and search and buy vehicles specific to consumers' needs. In addition to online automobile auctions for the wholesale market, Auctions International Inc. has identified multiple commodity verticals, which could benefit from its leading-edge online auction technology platform. For more information, visit www.AuctionsIR.com and www.AutoBidLive.com.
AUCI News:
December 11 - Auctions International CEO Comments on Market Activity of its Stock
Auctions International Inc. (OTC: AUCI), a technology company that owns and markets proprietary software to enable real time online auctions of virtually any product or commodity for use by the wholesale market, issued a statement from President and CEO Doug Mann regarding yesterday's volume and price change in its common stock, "No material changes in the Company or management would warrant an increase in trading volume or the sudden drop in share price that occurred on December 10th."
Mann explains, "The selling pressure may have been caused by a confusion between our Company and Auctioncities.com, with whom we have no affiliation. Coincidentally, Auctioncities.com is also in the auctions business and trades on the pink sheets under the stock symbol AUCC, just one letter off from ours. Auctioncities.com indicated it would effect a 1-for-1000 reverse split on otcbb.com yesterday, and that this split would be effective today. We want to clarify we are unrelated companies to those who may have mistaken us for this company.
"Management would like to ensure shareholders that Auctions International Inc. is moving in a very positive direction. With our technology model, AUCI lets people sell, buy and advertise in real-time to close transactions quickly to take advantage of economic conditions, particularly the strong Canadian dollar, which is opening up new business opportunities in the U.S. Auctions International has completed extensive dealer testing of AutoBidLive and is now ready to take every dealer in North America live on the system. 2007 marked our entry into the commercialization phase of our technology platform, and management is very optimistic that 2008 will be a tremendous year of growth and increased shareholder value."
For more info: http://grxi.realpennies.com
GTREX CAPITAL (OTCBB: GRXI) "Up 14.29% in morning trading"
GTREX Capital, Inc. conducts business in the travel industry. As of March 31, 2007, the company had one operating subsidiary, Global Travel Exchange, Inc., which offers Voyager Network travel distribution platform providing direct access to reservation systems of various travel suppliers, including airlines, cruise lines, hotels, car rental companies, and providers of other travel amenities worldwide. It searches for availability and price for the itinerary suggested by the buyer over various direct connected suppliers and global distribution systems; and presents the aggregated result in the format preferred by the buyer. The company was incorporated in 1999 and is headquartered in Temecula, California.
GRXI News:
December 11 - GTREX Capital Announces Initial Agreement for Merger Transaction Involving an International Green Brand With Operations in Related Businesses
GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiary operations in the travel distribution industry, announced that it has entered into an initial agreement to acquire 80% of the issued and outstanding shares of a company that is focused on the development of an internationally recognized green brand for sustainable tourism and additional environmentally conscious businesses.
The initial agreement, in the form of a memorandum of understanding, outlines the strategy for acquiring the targeted company, which has an existing subsidiary business with operations, existing clients and revenues. The planned structure of the post-merger entity is that the public company will house a high profile international green brand, which is expected to become synonymous with green sustainable tourism. There will be two operating subsidiaries of the public company: the existing subsidiary of the acquired company, and GTREX Capital's current operating subsidiary, Global Travel Exchange, a travel distribution technology company that provides a more efficient and cost-effective connection between customers and travel suppliers.
There are anticipated to be several immediate synergies between Global Travel Exchange and the existing subsidiary of the acquired entity, as well as opportunities with additional affiliated businesses and intellectual properties. These synergies are related to the use of Global Travel Exchange's travel distribution technology in global initiatives related to travel and tourism.
As part of the expected merger transaction, GTREX Capital is expected to appoint a high profile management team with established names in the international tourism, travel, hospitality, and business management fields.
Steven R. Peacock, interim president/chief executive officer of GTREX Capital, commented, "This initial agreement is an important milestone in our efforts to create long-term value for the company's shareholders."
In November, Mr. Peacock attended a major international environmental conference, where he and Gary Nerison, chairman of the company's Board of Directors, conducted meetings related to the initial agreement and the merger strategy.
"We look forward to providing additional details of the proposed transaction, as well as the individuals, businesses and intellectual assets that are expected to be involved in the merger, as soon as possible," Mr. Peacock added.
To subscribe to the company's email alert system and receive information directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other data is disclosed, visit www.gtrexcapital.com/investor.php.
Read our full disclaimer at: http://www.realpennies.com/start.html
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html
Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
Sitemap: http://www.realpennies.com/sitemap.html
RealPennies .
Telephone: 1-800-940-6559
Matt /at/ realpennies.com
No comments:
Post a Comment