CBYI, QBII, GSLO, CCTR, SNWT, LKEN OTCPicks.com Daily Market Movers Digest Midday Report for Friday, March 25th
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Our Stocks to Watch
today include Cal-Bay International Inc. (OTC: CBYI), Quantum Bit Induction
Technology Inc. (OTC: QBII), GoSolarUSA Inc. (OTC: GSLO), China Crescent
Enterprises Inc. (OTC: CCTR), San West Inc. (OTCBB: SNWT) and Greene Concepts
Inc. (OTC: LKEN).
Visit http://www.otcpicks.com/hotpicks.htm
to register for our Daily Market Mover’s Digest Newsletter and Email Stock
Watch Alerts.
CAL-BAY INTERNATIONAL
INCORPORATED (OTC: CBYI)
"Up 75.00% in
morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CBYI.php
Cal-Bay International,
Inc. has been involved in real estate and other business ventures for over a
decade. In 2009, a new management team took Cal-Bay International through the
process of reorganization. The headquarters of the company were moved and the
debt and equity positions of the company were evaluated. Steps were
subsequently taken to prepare the company for new ventures and opportunities.
CBYI News:
May 19 - Cal-Bay
International Announces Closing on Property in Texas
Cal-Bay
International, Inc. (OTC: CBYI) announces the closing on a single-family
property in McKinney, TX. The property has a market value
estimated at $136,000 and the closing price for Cal-Bay on the property is
$112,000. Located just north of Dallas,
this property has been occupied by the same tenant for approximately 5 years
and the current lease has an additional 5 years remaining. The lease is
expected to be renewed after the change in ownership, and is expected to add
consistent positive cash flow for the company.
In addition to the
immediate discount on the property and the cash flow from the lease, Cal-Bay
also anticipates that the property will increase in value over the next year by
approximately 6-8%. If the property was sold within a year, the expected return
is estimated to be between 25-30% ($28,000-$33,000). The estimated property
value has already increased over 10% since the middle of 2009.
The property is
located at 2300 Park Row, McKinney,
TX and was built in 1998.
QUANTUM BIT INDUCTION
TECHNOLOGY (OTC: QBII)
"Up 2.38% in
morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/QBII.php
Quantum Bit Induction
Technology, Inc. is a Houston-based technology developer of Fusion, Wireless
Power Transmission and Negative Group Delay, specifically how to render those
technologies commercially viable. More information is available through the
Company's website. Every stockholder or interested investor is encouraged to
join our Shareholder's Group hosted by Yahoo! Groups. Important topics
regarding this company are discussed through the Shareholder's Group. We
encourage anyone interested in our work, company, history, or story to contact
us. We welcome informed people as stockholders to share our future.
QBII News:
March 24 - Quantum
Bit Induction Technology, Inc. Announces Commercial Plans for Fusion Technology
Quantum Bit Induction
Technology, Inc. (OTC: QBII) proudly announces the development of their fusion
technologies and the possible future applications of successful fusion devices.
The most exciting application of fusion is that, with the proper mechanics,
vehicles can travel many more miles per gallon of water than they do per gallon
of gasoline. Developing the right kind of supporting machinery along with
sustainable fusion devices could revolutionize the automobile industry, lessen
dependence on foreign oil dramatically, and help minimize the impact we are
having on our environment.
The Company is
developing fusion energy technology. The proposed device is built from safe,
inexpensive materials. The device converts hydrogen's nuclear potential energy
from water into chemical potential energy (CPE). The CPE evolves as gaseous
hydrogen and oxygen. The device promises to be easy to maintain, inexpensive to
manufacture, fueled by water, and produce small amounts of inert gasses as
exhaust. The hydrogen and oxygen produced can fuel an engine or fuel cell. The
rate of net water consumption should be very small for the amount of energy
produced.
Some recent, exciting
developments in fusion research also prove that the Company's proposed plan of
action is both logical and attainable are the following (Source:
http://bit.ly/9urC0G)
1. Particles such as
Helium-3, helium-4 and tritium, which are normally associated with hot fusion,
are detected, though in significantly smaller quantities.
2. The transmutation
of elements is found to occur on the surface of the metal in what is called the
nuclear active environment.
3. It is a
many-bodied physics, not the one-to-one interaction that models hot fusion.
But perhaps the most
exciting development in electrofusion research is that, the reproducibility
rate has climbed to 73%!
These findings,
particularly the third one, have spurred scientists worldwide to continue the
research on electrofusion with renewed vigor. All have aspirations of creating
cleaner, more efficient energy for the globe. Quantum Bit Induction Technology,
Inc. is taking these aspirations one step further by developing their
technologies specifically to impact the automobile industry.
GO SOLAR USA
INCORPORATED (OTC: GSLO)
"Up 25.00% in
morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GSLO.php
GoSolarUSA identifies
and develops new solar energy technologies in the United Sates. Our motto is
“Invent it here, Build it here and Sell it to the World!” While green
technologies like wind and solar manufacture their products in China and Europe and import them to the U.S., we are focused on developing and
manufacturing our products in the United States. We believe this not
only creates high-quality jobs in America, but it insures the quality
and availability of our products.
GSLO News:
March 25 - GSLO
Announces Final Opportunity to Sign Up for
Volt Giveaway Coming Soon
Reserve Your Volt
Solar Charger Now at GoSolarUSA.com
GoSolarUSA (OTC:
GSLO) issued a reminder that time is running out to sign up for the Volt Solar
Charger waiting list and giveaway at GoSolarUSA.com.
Thousands of iPhone
users have signed up online to be among the first notified when the Volt goes
on sale in North America since GoSolarUSA
established the waiting list in January. GSLO will also give away a brand-new
Volt to 100 randomly selected people signed up for the waiting list with no
purchase necessary. With the Volt expected to reach U.S. shores soon, however, the
contest window is closing fast.
“As we announced
earlier this week, we expect the first shipment of Volt Solar Chargers to
arrive from the manufacturers sometime in the next 30 days,” said GSLO
President and CEO Tyson Rohde. “The waiting list and contest may end soon with
the arrival of this first batch, so I highly encourage Apple enthusiasts who
want a shot at a free Volt to act quickly.”
The Volt Solar
Charger is the only iPhone battery pack known to GSLO that is compatible with
all versions of the Apple iPhone. Earlier this year, GoSolarUSA signed a
distribution agreement with the Volt’s Chinese developer, Xiamen Solar
Electronics (XSE), giving GSLO the exclusive right to sell and distribute the
device in North America, the world’s largest
market for iPhone accessories. A month later, the company approved samples of
the device and finalized the Volt’s retail packaging.
As the Volt’s online
waiting list continues to grow, Rohde cautioned this week that the device’s
initial manufacturing run may not last long.
“GoSolarUSA invested
in the Volt’s development because we felt there would be high consumer demand
for this product,” he said. “Based on the response we’ve received to our
waiting list and giveaway, we were right. We’re doing all we can to get Volt
Solar Chargers into our customers’ hands as rapidly as possible.”
The Volt is set to go
on sale soon bundled with a one-year warranty. The green-energy battery pack is
expected to be available in both black and white.
GoSolarUSA is
dedicated to aggressively acquiring, developing and marketing promising and
potentially profitable technology. The Volt Solar Charger is a product of
Xiamen Solar Electronics based in Xiamen,
China. The
iPhone is a product of Apple Inc. (Nasdaq: AAPL), which competes in the global
mobile electronics market against Motorola Mobility Holdings, Inc. (NYSE: MMI)
and Research in Motion (Nasdaq: RIMM).
CHINA CRESCENT ENTERPRISES INCORPORATED (OTCBB: CCTR)
"Up 33.33% in
morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CCTR.php
China Crescent is a systems integration service provider that markets technology
outsourcing services in China
including the sale and service of brand name technologies such as Microsoft,
Cisco, IBM, HP and Dell. Following a strategic acquisition in 2009, the Company
expanded its business line to include original design manufacturing (ODM). China Crescent
reported $45 million in profitable revenue in 2009 after reporting over $40
million in revenue for both 2007 and 2008. Headquartered in Dallas with
operations in China, China Crescent bridges the gap between global business cultures
to assist clients worldwide realize the advantages of the high quality, low
cost technology products and services available from China.
CCTR News:
March 22 - NewMarket and China Crescent
Focus on Information Technology Highlighting Gartner Report on Emerging Market
IT Growth Rate
NewMarket Technology,
Inc. (OTC: NWMT) and its subsidiary, China Crescent Enterprises, Inc. (OTC:
CCTR) are re-focusing on the information technology market. The Companies
provide systems integration services globally, primarily concentrated within
emerging economic regions, including China
and Brazil.
Gartner recently conducted a webinar to update their analysis of the more than
$ 3 trillion global information technology market. In the presentation, Gartner
indicates the GDP growth rate in emerging markets is 2.5 to 3 times faster than
in developed markets.
NewMarket has released an on-demand Webcast conducted by CEO Bruce
Noller highlighting the Company's business plan re-focus on systems
integration. The technology services provided by NewMarket and China Crescent have in previous years
been more diverse, but the Companies are now re-focusing on systems
integration. Additionally, the Webcast discusses the current and changing state
of the over-the-counter market, which both NewMarket and China Crescent trade on, and the recent
move of China Crescent's
stock quotation exclusively to the OTC Markets Group, Inc.'s OTCQB, effective
February 23, 2011.
The Webcast is now
available for on-demand review on NewMarket's
corporate website by clicking on "Investor Relations," China Crescent's
corporate website by clicking on "Webcasts."
ABOUT NEWMARKET
TECHNOLOGY, INC.
NewMarket
Technology's (OTC: NWMT) current portfolio of operations provides systems
integration, technology infrastructure services and emerging technology. NewMarket's operations
strategically focus on providing technology and support services in emerging
and developing economies with high growth rate potential where technology
purchasing is on the rise. In addition to its base of operations in North
America, NewMarket has operations today in the
growing economies of China,
Africa, Brazil and Northern Latin America. Overall, NewMarket reported over $95 million in
revenue for 2008 and reported over $98 million in profitable revenue for 2009.
NewMarket's operations provide services and support for both
brand-name technologies, such as Microsoft, as well as emerging technologies
ranging from mobile computing to various security and wireless broadband
technologies. NewMarket's
rapid growth since 2002 placed the Company on the Deloitte Technology Fast 500
for 5 consecutive years. NewMarket was
recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest
growing technology company in North Texas for
two years in a row.
SAN WEST INCORPORATED
(OTCBB: SNWT)
"Up 31.07% in
morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SNWT.php
San West designs, manufacturers,
sells and repairs off-road buggies, and additionally provides aftermarket
performance products and accessories for off-road buggies; products are sold
via three divisions: at retail store locations; via the online store and;
through its growing dealer network. Buggy repair services are sold and
fulfilled at the Santee California retail location.
SNWT News:
March 3 - San West
Announces Major Online Sales Increase for January and February
San West, Inc.
(OTCBB: SNWT), an emerging leader in the off-road vehicle (ORV) industry,
announced that preliminary unaudited sales for its burgeoning e-commerce
business increased by 40% during the first two months of 2011.
Preliminary unaudited
online sales for January and February of 2011 reached approximately $242,000 or
135 units versus $168,000 and 103 units during the corresponding period of
2011. This represents overall sales growth of approximately 44% and unit sales
growth of 32%. Moreover, the average per-unit sale for the period reached
$1,795, representing a 10% increase over $1,633 during the first two months of
2010.
"2011 is shaping
up to be a record year for San West, Inc., especially our fledgling online
segment. Unaudited Internet sales logged thus far this year represent a very
positive indicator of what's to come and I believe that the first quarter and
more importantly this calendar year could likely end up being the best for our
company and its leading value-added partner, www.CountyImports.com,"
commented San West, Inc. CEO Frank Drechsler.
Mr. Drechsler
concluded: "Over the past 12 months, we've undertaken a massive effort to
optimize our e-commerce business and I'm proud to state that these efforts
continue to bear fruit as sales surge and online traffic remains at very
favorable levels. I look forward to discussing future successes with the public
as new developments transpire."
GREENE CONCEPTS
INCORPORATED (OTC: LKEN)
"Up 20.00% in
morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/LKEN.php
Luke Entertainment
has officially changed its name to Greene Concepts, Inc. to better reflect its
brand toward long-term growth. The name change effected with the New York
Secretary of State on November 4th, 2010 and is under process for FINRA
acknowledgment. Greene Concepts, Inc. is an ink technology manufacturing and
distribution Company headquartered in Fresno CA. Chairman and Founder Lenny
Greene has spent the past 30 years serving the printing needs of businesses and
consumers. Greene Concepts intends to be the catalyst for the introduction of a
number of innovative products and marketing strategies and to bring the world
the best inks at the lowest prices so consumers and businesses can save time,
save money, print more and print better.
LKEN News:
March 18 - Greene
Concepts, Inc. Submits Comprehensive Quarterly Report to OTC Markets for
Shareholders
Greene Concepts, Inc.
(OTC: LKEN) announces that it has uploaded its Quarterly Report, period ending
January 31, 2011 to OTC Markets including a comprehensive overview of the
Issuer’s history and GAAP Financial Reports.
The company’s CEO,
Lenny Greene, submitted materials in line with OTC Market requirements to
sustain its Current Info Tier status toward increased transparency for
shareholders in line with its endeavors and benchmarks, including the company’s
forthcoming launch of InkWay USA, the company’s direct marketing opportunity
for individuals and businesses alike as part of its innovative ‘ink
revolution’.
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