Turning Pennies into dollars: (OTCBB: AUSE), (Pink Sheets: DNAB), (OTCBB: DPDW), (OTCBB: HYBR), (OTCBB: JYTO), (PINKSHEETS: TNOG)
Are you a public company looking for exposure?
Contact RealPennies.com - 1.800.940.6559
For more info: http://ause.realpennies.com
May 19, 2008 -- Aussie Soles Group Inc. (OTCBB: AUSE) is extremely proud to announce that Atlantis(TM), Paradise Island(TM), Bahamas Sports(TM) has confirmed its purchase of Aussie Soles(TM) - Atlantis(TM) Co-Branded sandals. The Aussie Soles(TM) - Atlantis Co-Branded Sandals were an instant success when they were introduced to guests and visitors of Atlantis(TM) in 2007.
"Aussie Soles(TM) is putting its footprint in Paradise!" commented Aussie Soles(TM) President, CEO Craig Taplin. "Having Aussie Soles(TM) teamed up with an international company like Kerzner(TM) is a success that we are extremely proud of! The Aussie Soles(TM) footprint is literally in the sands of one of the world's most famous and awe-inspiring resorts. Aussie Soles(TM) has found Atlantis and made its mark!"
About Atlantis(TM), Paradise Island resort(TM), The Bahamas
Atlantis(TM), Paradise Island(TM) is the flagship resort of Kerzner(TM) International, a leading international developer and operator of destination resorts, casinos and luxury hotels. This unique, ocean-themed destination is located on Paradise Island, The Bahamas, and features a variety of accommodations (over 3000 guest rooms & suites), all built around a 97-acre waterscape comprised of over 20 million gallons of fresh and saltwater lagoons, pools and habitats. Home to the largest open-air marine habitat in the world -- second only to Mother Nature -- there are over 50,000 marine animals in lagoons and displays, including The Dig, a maze of underwater corridors and passageways providing a journey through ancient Atlantis(TM). In February 2007, Atlantis(TM) unveiled AQUAVENTURE, a non-stop water experience consisting of thrilling new water slides, a mile-long river ride with high intensity rapids and wave surges, and never-before-seen special effects. Also opened in early 2007, was the resort's dolphin interaction and education center, Dolphin Cay, created with the goal of enlightening visitors about the wonders of these remarkable ocean inhabitants. The Cove Atlantis(TM), a new 600-room resort, opened in March 2007, features oversized rooms with a step down living space, spectacular designs by acclaimed interior architects Jeffrey Beers and David Rockwell, unprecedented services and amenities, private all-adult and family pools, lavish cabanas and breathtaking views of the ocean. Atlantis(TM) is also known as THE culinary destination in The Caribbean with a collection of restaurants from world-renowned chefs including Nobu Matsuhisa, Jean-Georges Vongerichten, Bobby Flay and Angelo Elia. The resort boasts an impressive collection of luxury boutiques and shops and the largest conference center, meeting and convention facilities in The Caribbean.
About Kerzner(TM):
Kerzner International Holdings Limited, through its subsidiaries, is a leading international developer and operator of destination resorts, casinos and luxury hotels. Kerzner's flagship brand is Atlantis, which includes Atlantis, Paradise Island, an ocean-themed destination resort in The Bahamas. This unique destination features a variety of accommodations, all built around a 100-acre waterscape with over 20 million gallons of fresh and saltwater lagoons, pools and habitats, the world's largest open-air marine habitat and some of the most beautiful beaches in the world. Kerzner is extending its Atlantis brand globally with the development of Atlantis, The Palm, Dubai, a 1,500-room, water-themed resort expected to open in late 2008 on The Palm, Jumeirah. Kerzner also manages six luxury resort hotels under the One&Only brand. The resorts, featuring some of the top-rated properties in the world, are located in The Bahamas, Mexico, Mauritius, the Maldives and Dubai. An additional One&Only property is currently in the development stages in South Africa.
About Aussie Soles(TM):
Aussie Soles(TM) develops and retails innovative hard sole casual footwear that utilizes technically advanced closed cell polymer foam, "AUSLITE(TM)" which is soft, supportive, slip resistant and anti-bacterial! The "closed cell polymer" footwear phenomenon has exploded onto the sporting apparel market. Aussie Soles(TM) has improved on this product by introducing its own hard sole (AUSLITE(TM)) footwear, which sets itself above industry leaders, in the "closed cell Polymer" footwear market. Aussie Soles(TM) hard sole concept is available in a variety of colors and styles to ensure that every person will find a pair that is perfectly suited for them. Constructed from closed cell foam, AUSLITE(TM), molds to the foot allowing for the ultimate in comfort that is also chemical and odor resistant.
The Primary footwear lines consist of SnUggs(TM), STARFISH(TM) and MARINE(TM). The versatility, comfort and unique qualities of Aussie Soles(TM) is popular in a wide range of consumer choices, appealing to boaters, hikers, campers, gardeners, beach walkers, doctors, nurses and other health care workers.
For more info: http://dnab.realpennies.com
May 19, 2008 -- DNA Beverage Corporation (Pink Sheets: DNAB), makers of DNA(R) Energy Drink, the new and great-tasting favorite of the action sports community and its fans, today announced it has launched its own distribution operation. After 6 months of testing the waters, the Company has formed a wholly-owned subsidiary, Grass Roots Beverage ("GRB") in order to provide a more efficient delivery mechanism to the 750 accounts already carrying its energy drinks in South Florida. South Florida has a population of over 5 million residents. GRB's 6 fully-branded delivery vehicles, 4 sample teams and 2 action sports reps will be fully operational by month's end and will target the area's convenience store market. According to several industry reports, c-stores are responsible for 85% of all energy drink sales.
"South Florida, unlike many other regions, offers very little distribution opportunities for new beverage lines like ours. Larger players such as Monster, Rock Star, Red Bull, Full Throttle and Amp are either owned by or controlled by the major distributors such as Coke, Pepsi and Anheuser-Busch, leaving only pockets of distribution for the rest of us," said Mel Leiner, the Company's Executive Vice-President and co-founder. Leiner added, "Having our own distribution capability gives us immediate access to thousands of locations that otherwise would be out of our reach and has already spurred interest from other non-competing beverage producers seeking to fill our trucks with additional revenue producing products."
DNA's Vice-President of Operations, Ralph Sabella said, "We have always found the retail community receptive to our brand because of our great taste profile, unparalleled marketing support and a large built-in following of action sports fans." Sabella added, "Finding quality distribution when there isn't enough to go around has always been the problem until now. We are confident that as the operation continues to grow, the number of accounts carrying DNA will reach more than 3,000 by year end."
About DNA Energy Drink
DNA Energy Drink is a product of DNA Beverage Corp. and its roots are in the action sports world of athletes who created the drink. DNA Energy Drink is a high-quality beverage manufactured to exact standards to achieve superior taste with a formulation that taps into the body's seven energy sources to maximize energy and improve awareness. DNA Energy Drink comes in 16oz. cans in flavors including Lemon Lime, Citrus and Citrus Sugar Free and retails for a suggested retail price of $1.99.
True to its action sports roots, DNA Energy Drink has earned national recognition through its title sponsorship of the DNA/Butler Brothers Racing Team where it competes on a world-class level in Supercross and Motocross, reaching millions of fans. DNA Energy Drink can also be found in other action sports such as Surfing, BMX, Wakeboarding and Skateboarding, and its athletes are recognized stars in their own right. DNA has strong recognition in action sports and stores that support these athletes and sport participants and is a regular at skate parks. Its 80ft. DNA branded semi-trailer is a regular at events all over the country and regularly supports its retailers and distributors at various community and charitable functions such as the van's recent appearance at the Joe DiMaggio Children's Hospital in Hollywood, FL.
For more info: http://dpdw.realpennies.com
May 19, 2008 -- Deep Down, Inc. (OTCBB: DPDW) today announced unaudited results for the first quarter ended March 31, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission.
Deep Down generated revenue of $6,279,465 for the three months ended March 31, 2008, compared to $2,098,394 for the three months ended March 31, 2007, an increase of $4,181,071 or 199%. Increased activity from Deep Down's offshore subsea business, including service activity related to installation and recoveries of subsea equipment, the delivery of launch and recovery systems, loose tube steel flying leads, winch system refurbishments, and an active heave compensated in-line winch system accounted for $4,293,820 of this revenue, an increase of $2,195,426, or 105% over the same prior year period. The Mako Technologies and ElectroWave USA acquisitions accounted for $1,985,645 of this revenue, an increase of 94% over the same prior year period.
Gross margin for the three months ended March 31, 2008, was $2,403,094 compared to $846,305 in the same prior year period, an increase of $1,556,789 or 184%. Gross margin as a percentage of revenue was 38% in the current period as compared to 40% in the prior period.
Selling, general and administrative (SG&A) expenses for the three months ended March 31, 2008, were $1,762,247 compared to $659,651 for the same prior year period. The increase was primarily due to costs related to our acquisitions of Mako Technologies and ElectroWave USA. However, SG&A as a percent of net revenue was lower for the three months ended March 31, 2008, at approximately 28% compared to 31% for the same prior period.
Operating income for the three months ended March 31, 2008, was $342,698 compared to $122,629 for the same prior year period, an increase of 179%. Net loss for the three months ending March 31, 2008, was ($89,477) compared to ($109,258) for the same prior period. Income was impacted by interest expense related to the Credit Agreement entered into with a mezzanine lender in August 2007. For the three months ended March 31, 2008, interest expense was $769,030 compared to $231,887 for the same prior year period. Earnings before depreciation, interest, amortization, taxes and other non-cash charges (EBITDA) for the three months ended March 31, 2008, was $749,958, compared to $186,654, an increase of $563,304, or 302% over the same prior year period.
"We are very proud of our period-to-period comparisons for the first quarter. Revenues, gross profit, operating income and EBITDA experienced significant triple digit growth, driven by both organic growth and the addition of complementary acquisitions. The first quarter has been the weakest quarter for our company historically," commented Robert E. Chamberlain, Jr., Deep Down's Chairman.
"Our balance sheet continues to show improvements. Liquidity is strong with unrestricted cash and equivalents of $3,115,818 and a current ratio of 2.8. Our working capital position is $8,645,592 and we no longer have any shares of preferred stock outstanding. Stockholders' equity has improved dramatically and is now $18,716,186 compared to ($1,800,660) on March 31, 2007," said Eugene L. Butler, Deep Down's CFO.
About Deep Down, Inc.
Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support services, custom fabrication and storage management services for the offshore subsea control, umbilical, and pipeline industries. The company fabricates component parts of subsea distribution systems and assemblies that specialize in the development of subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others. Deep Down provides these services from the initial field conception phase, through manufacturing, site integration testing, installation, topside connections, and the final commissioning of a project.
The Company's ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.
The Company's Mako subsidiary serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.
The Company's strategy is to become a leading provider of products and services to the offshore industry, including shallow, deep, and ultra-deep water applications in oil and gas exploration, development and production activities, and maritime operations. Management plans to achieve this strategy through organic growth and strategic acquisitions of complementary businesses with technological advantages in deepwater environments. Deep Down's customers include BP Petroleum, Royal Dutch Shell, Exxon Mobil Corporation, Devon Energy Corporation, Chevron Corporation, Anadarko Petroleum Corporation, Marathon Oil Corporation, Kerr-McGee Corporation, Nexen Inc., BHP, Amerada Hess, Helix, Oceaneering International, Inc., Subsea 7, Inc., Transocean Offshore, Diamond Offshore, Marinette Marine Corporation, Acergy, Veolia Environmental Services, Noble Energy Inc., Aker Kvaerner, Cameron, Oil States, Dril-Quip, Inc., Nexans, Cabett, JDR, and Duco, among others.
For more info: http://hybr.realpennies.com
May 19, 2008 -- Hybrid Technologies, Inc. (OTCBB: HYBR), emerging leaders in the development and marketing of lithium-powered products worldwide, is proud to showcase their full line of all-electric vehicles to the world during a segment produced by Voice of America's international news broadcast.
Hybrid Technologies' full line of emission-free vehicles and their Mooresville, North Carolina Research and Development facility were highlighted in the episode to be aired in key Asian markets. During the 7-minute segment, producers examined the company's latest developments and advances in lithium power technology.
Voice of America broadcasts more than 1,000 hours of news, information, educational, and cultural programming every week to an estimated worldwide audience of more than 115 million people.
For more info: http://jyto.realpennies.com
May 19, 2008 -- Joytoto Technologies, Inc., a wholly owned subsidiary of Joytoto USA, Inc. (OTCBB: JYTO) announced today that it has successfully received, completed, and shipped its first purchase order from one of the largest big-box retailers in the United States. The consumer electronics retailer, also known as an electronics superstore, operates more than 800 stores in the US, Canada, and China. The initial purchase order was for more than 15,000 MP3 players, and represented more than $730,000 in revenue for Joytoto in the month of April.
Because of the timely and successful completion of its initial purchase order, Joytoto expects to continue to receive orders from this current client, as well as other big-box retailers. The company believes that its virtual, OEM business model gives it a competitive advantage regarding price, timeliness, and scalability of production. The completion of this order is significant as it represents the company's commitment to developing its business in the United States, an effort which began during the latter part of 2007. It also demonstrates the company's capability of completing its purchase orders and delivering its products on a timely basis.
Joytoto received the purchase order after completing an extensive vendor approval process with a subsidiary of one of the largest business outsource processing and supply chain solutions companies, which handles purchase orders for some of the largest corporations in the world, as well as numerous big-box retailers, outlets, electronics superstores, and other corporations, as part of its global turnkey solutions business.
Joytoto has developed various models of its MP3 players with different features, capabilities, and price-points. Some of the more sophisticated features include 8GB of internal flash storage, built-in Bluetooth wireless, high-speed USB 2.0 interface, and compatibility with both PC and Mac computers. The devices are capable of handling MP3, OGG, JPEG, WMV, and MPEG-4 files (both audio and video).
For more info: http://tnog.realpennies.com
May 19, 2008 -- Titan Oil and Gas Inc. (PINKSHEETS: TNOG) is pleased to release its detailed due diligence report on the Eberle #1 well in Bastrop County, Texas. This comes at a time when The Eberle #1 has been prepared and is ready to be moved into production as soon as it is connected to a gas pipeline. The well had previously been in production and has since been completely reworked including hydraulic fracturing. Titan Oil and Gas management is currently securing right of way which will allow it to connect to a natural gas pipeline in the area. Since the well itself is fully reworked and prepared, connection is the only step that is left in moving the Eberle #1 to revenue production.
In the hydraulic fracturing process, sand is forcibly injected into the formation at extremely high pressures, to a radius which can extend up to 200 feet outward from the well. Prior to fracturing the well it was determined that 30 mcf was being produced without stimulation. Historical data demonstrated up to 178 mcf of gas per day according to earlier reports. Titan Management was pleased to be notified by the operator about unexpected oil pressure that was identified after fracturing as well. The Eberle #1 well has a history of production of up to 170 barrels of oil per day. At this time Management has contacted the operator and is expecting to update the public once the connection has been made.
ABOUT TITAN OIL AND GAS, INC.
Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties.
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
Sponsored by: http://www.isthemarketopen.com
RealPennies .
Telephone: 1-800-940-6559
Matt /at/ realpennies.com
