AHFD, IMDS, ECOS, ALZM, MKGP, WNBD OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, June 27th
6/27/2012 3:51:27 PM
Stocks to Watch today include Active Health Foods Inc. (OTCBB: AHFD), Imaging
Diagnostic Systems Inc. (OTCBB: IMDS), EcoloCap Solutions Inc. (OTCBB: ECOS),
Allezoe Medical Holdings Inc. (OTCBB: ALZM), Maverick Energy Group Ltd. (OTC:
MKGP) and Winning Brands Corp. (OTC: WNBD).
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HEALTH FOODS INCORPORATED (OTCBB: AHFD)
25.00% in morning trading"
Health Foods, Inc., a development stage company, develops and markets energy
bars under the ‘Active X’ brand name in the United States. It offers energy
bars in almond chocolate delight, peanut butter chocolate joy, cashew berry
dream, and coconut cocoa passion flavors. It intends to sell its products to
retailers, including health food stores, gyms, grocery retail outlets, and
convenience stores, as well as to distributors. Active Health Foods, Inc. was
founded in 2008 and is based in Riverside, California.
27 - Active Health Foods, Inc. Announces GNC Agreement
Health Foods, Inc. (OTCBB: AHFD), the maker of "Active X™" 100%
Organic Certified, 100% Natural, Kosher and Vegan Certified Energy Bars
announces that General Nutrition Centers, Inc., commonly known as GNC, has
agreed to do a 600 store test, all of their "A" LIST STORES, in two
flavors of the Active X™ Energy Bars, Peanut Butter Chocolate Joy and Almond
Nutrition Centers, Inc. (GNC), started in 1935 and based in Pittsburgh,
Pennsylvania, has as its primary focus the retail sales of healthy and
nutritious products including vitamins, supplements, minerals, herbs, sports
nutrition, diet and energy products. GNC has over 6,000 corporate owned
and franchised stores nationwide and is widely considered the premier health
store chain in the United States.
agreement with GNC for our Active X™ Almond Chocolate Delight and Peanut Butter
Chocolate Joy Energy Bars represents a monumental opportunity for Active Health
Foods, Inc," said Greg Manos, President and Chief Executive Office of
Active Health Foods Inc., who added, "Active Health Foods, Inc. is looking
forward to building on this success and further expanding our exposure to the
public through the thousands of GNC outlets."
X™ Energy Bars may be purchased at Amazon.com and leading retail outlets such
as Sheetz, Inc. and Scolari's Food and Drug.
DIAGNOSTIC SYSTEMS (OTCBB: IMDS)
33.33% in morning trading"
Diagnostic Systems, Inc. has developed a revolutionary new imaging device to
aid in the detection and management of breast cancer. The CTLM® system is a
breast imaging system that utilizes patented continuous wave laser technology
and computer algorithms to create 3-D images of the breast. The procedure is
non-invasive, painless, and does not expose the patient to ionizing radiation
or painful breast compression. CT Laser Mammography (CTLM®) is designed to be
used in conjunction with mammography. It reveals information about blood
distribution in the breast and shows the process of angiogenesis, which usually
accompanies tumor growth. CTLM system has received international certifications
and licenses from the European CE mark, CMDCAS Canadian Health screening, China
SFDA, India, UL, and ISO 13485. The Company is seeking FDA approval through the
Premarket approval process.
22 - Imaging Diagnostic's Non-Invasive CTLM® Laser Breast Imaging Device Will
Soon Be Available to Women in Kuwait
Diagnostic Systems, Inc. (OTCBB: IMDS), a pioneer in laser breast imaging,
announced that it has signed a distribution agreement with Mareen Group to
market and sell its Computed Tomography Laser Mammography (CTLM®) System in
Group is honored to present the CTLM® to the women of Kuwait. We are eager to
support the imaging needs of patients through this dignified and innovative
laser breast imaging modality," commented Ahmad Abdulrahman, General
Manager of Mareen Group.
Group is a Medical & Pharmaceutical distribution company well established
and based in Kuwait. They have been in operation since 1998, proudly providing
various medical and healthcare institutions within Kuwait and the surrounding
areas with advanced medical equipment and pharmaceuticals from across the
globe. The philosophy of Mareen Group has always been to build close ties with
their customers by supporting their every need with prompt professional service
Diagnostic's CEO, Linda Grable, states, "IDSI is delighted to assign
Mareen Group, a well established medical company in Kuwait, as our new
distributor. The women in Kuwait will hopefully benefit from CTLM®'s unique and
discrete breast imaging process to aid in the diagnosis and management of
breast abnormalities. We are enthusiastic to work with Mareen Group to make the
CTLM®, a non-invasive alternative, accessible to women in Kuwait."
SOLUTIONS (OTCBB: ECOS)
25.00% in morning trading"
Solutions Inc. and its associated company K-MBT Inc., are focused on technology
companies that utilize advanced nanotechnology to design, develop, manufacture
and sell alternative energy products.
recent news for EcoloCap Solutions Inc. (OTCBB: ECOS).
MEDICAL HOLDINGS INCORPORATED (OTC: ALZM)
14.63% in morning trading"
Medical Holdings, Inc. is a holding company focused on acquiring the most high
quality and in-demand medical products, solutions and services. Whether through
diagnosis, treatment, or medical research itself, Allezoe is interested in
companies that are making a striking difference in the healthcare system
through technology and treatments for health issues that affect large
14 - Allezoe Announces New Management for SureScreen Medical
Medical Holdings (OTCBB: ALZM) announced that it has completed the resolution
of all remaining matters with Organ Transport Systems, Inc. (OTS), its former
subsidiary which it disposed of in February, 2012.
previously announced, Allezoe entered into a Letter Agreement on May 1, 2012,
with Healthcare of Today, Inc., Organ Transport Systems, Inc. and Heartland
Capital Corporation as part of which Allezoe agreed to transfer and convey to
Heartland all of Allezoe's interest in a guaranty and pledge agreement,
pursuant to which Healthcare of Today, Inc. had pledged its ownership of the
stock of OTS to secure (i) repayment of working capital advanced by Allezoe to
OTS and (ii) the assumption by OTS of the obligation to pay $1,474,945.97 in
accrued salaries due current and former officers or OTS, plus interest of
$158,981.84 accrued as of February 29, 2012. On June 13, 2012, Allezoe and the
other parties to the resolution closed on the transaction involved, as a result
of which Allezoe has received repayment of $235,000 in working capital advanced
to OTS; OTS has assumed the total debt owed to its former and current officers,
plus all accrued interest; and Allezoe has received an indemnification and hold
harmless from OTS of any liability on those amounts due. The OTS officers and
directors each have consented and agreed to the assumption of the debt by OTS,
and the total amount of the obligation, $1,474,946, plus all accrued interest,
has been removed from the books of Allezoe.
part of the settlement, Allezoe has executed a Mutual Release Agreement with
OTS in which OTS has released and discharged Allezoe from any claims, demands,
actions, causes of action and other liability arising out of or based upon the
previous acquisition of control of OTS by Allezoe on or about July 16, 2011 and
its operations thereafter, through February 29, 2012. Allezoe also has executed
an amendment and modification of a Consulting Agreement previously entered into
between Allezoe and Heartland on December 1, 2011, so that all amounts already
paid to date to Heartland by Allezoe in common stock are agreed to be full
satisfaction of all amounts otherwise due under that Consulting Agreement. As a
result, Allezoe has no further obligations or liability under that Agreement.
part as a result of the resolution of the OTS matters as noted above, Allezoe
has refocused its efforts on the acquisition of companies which are compatible
with its market focus and which can add immediate or near term revenues to its
operations. According to Michael Gelmon, CEO of Allezoe: "The resolution
of the lingering issues with OTS will now allow us to redirect our attention to
growing the Company, through development of the existing HPV see and treat
technology of our SureScreen Medical subsidiary, as well as to acquire new
companies in our market space with promising technologies or existing revenue
May 18, 2012, we entered into a written letter of intent to acquire an existing
medical device manufacturing and distribution company with a medical device
product already in the market through multiple outlets. The letter of intent
was subject to preparation and execution of a final definitive acquisition
agreement and normal due diligence. Subsequent to the execution of the letter
of intent and prior to the completion of a definitive acquisition agreement,
the principal of the target company attempted to renegotiate the proposed
acquisition, on terms which management of Allezoe concluded were not in the
best interests of Allezoe or its shareholders, and, as a result, the letter of
intent has been allowed to expire. There is no longer any effort being made to
complete the proposed transaction, and there is no residual liability for the
expired letter of intent.
is again actively seeking new acquisitions to complement its existing operating
subsidiaries, and the previously announced acquisition of BioCube, Inc., which
is expected to close before the end of June. Allezoe has entered into
discussions to acquire two identified additional target companies and hopes to
enter into acquisition letters of intent in June.
ENERGY GROUP LIMITED (OTC: MKGP)
150.00% in morning trading"
Energy Group, Ltd. owns, drills, and operates oil and gas properties in the
United States. The company also involves in acquiring and developing leases and
producing properties; and functions as a general partner in drilling
partnerships. It operates and owns a 25% working interest in various producing
natural gas wells in the Appalachian Basin located in West Virginia; and
operates the Big Foot Field in Texas, which has approximately 310 production
wells. Maverick Energy Group, Ltd. is based in Tulsa, Oklahoma.
recent news for Maverick Energy Group, Ltd. (OTC: MKGP).
BRANDS CORPORATION (OTC: WNBD)
100.00% in morning trading"
Brands Corporation manufactures Winning Colours® Stain Remover for consumer and
commercial use as an eco-responsible alternative to traditional solvents. It is
gaining popularity for its remarkable gentleness to skin and delicate surfaces,
while still being a powerful and versatile stain remover. Main production takes
place at the Grand Rapids, Michigan facility of Surefil LLC. Winning Brands'
full product range includes a variety of advanced cleaning solutions, such as
its non-toxic SMART™ Wet Cleaning liquid alternative to Perchloroethylene used
in dry cleaning, KIND™ Laundry Products and CLEAN1™ — the first choice in
outdoor cleaning. The company's mission is to replace hazardous chemicals in
widespread use with safer alternatives. The initial focus is on cleaning
recent news for Winning Brands Corporation (OTC: WNBD).
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