Grem USA is a development stage company that manufactures high quality electric guitars and intends to capitalize upon the niche market opportunities in the music products industries. The company believes that the design and playability of their guitars is far superior to any guitars currently offered on the market, and plans to be a market leader for quality instruments. The company has designed six models of electric guitars. All guitars models have been prototyped and built. The company has filled several orders and shipped guitars to select customers and artists. Currently, production methods are being establishing for all models to meet anticipated demands.
Andover Medical, Inc. (OTCBB: ADOV)Andover Medical, Inc. (OTCBB: ADOV) – Tuesday’s shares closed down 5.00% to $0.57. 11,500 shares were traded. Andover Medical, Inc. announced on May 18th that it has closed the acquisition of Ortho-Medical Products, Inc. (”OMI”). Edwin Reilly, Chief Executive Officer of Andover Medical, Inc., said, “In this particular transaction and in the additional ones in process, some of the best informed, experienced, and knowledgeable owners and CEOs in the DME space are in various stages of negotiation to sell their companies to Andover Medical for consideration which has a large component of Andover Medical stock. With each transaction we complete, I grow more confident in the future successful build-out of our nationwide subsidiary network.”
Andover Medical is building a single source provider of orthopedic, podiatric and urological durable medical equipment (”DME”) and incontinence treatment solutions. The Company intends to establish a nationwide subsidiary network and plans to offer practitioners the largest selection of competitively priced brand-name durable medical equipment, and urodynamic diagnostic and treatment products. Andover Medical is seeking to take advantage of projected growth and evolving economies of scale arising from consolidation in the procedure specific durable medical equipment (DME) and services segments of the orthopedic, podiatric, and urological physician care markets in the United States. By establishing a nationwide subsidiary network, AMI plans to offer physicians the largest selection of competitively priced brand-name DME, and urodynamic diagnostic and treatment products. These products include, devices to aid the recovery from Anterior Cruciate Ligament (ACL) surgery, knee replacements, and hip replacements.
Genesis Technology Group, Inc. (OTCBB: GTEC)
Genesis Technology Group, Inc. (OTCBB: GTEC) – Tuesday’s shares stayed even at $0.15. The volume was 86,753. Genesis Technology Group announced on May 17th it has signed a leading Chinese pharmaceutical company as the sixth member of its private-to-public partnering program. Based on information provided by the Chinese company, fiscal 2006 revenues topped $92 million and net profits exceeded 16%. “Our newest partner company is decidedly our largest to date,” remarked Dr. Shaohua Tan, Genesis Director in Beijing. “Our U.S. executive team soon will assemble in China to conduct discussions on how to best utilize this well-established pharmaceutical company in our capital and growth program.
Genesis Technology Group, Inc. attempts to create value by partnering with Chinese companies deserving of global support from Western investors and funding sources. They have created a profit center by enhancing Chinese companies in a wide range of sectors, creating so-coined “partner companies”. Genesis makes a long-term commitment with management consultation, board of directors’ composition, creation and implementation of promising business models, which include expansion of markets in China and abroad. To help drive the success and profitability of these operations, Genesis provides resources and proficiency to maximize partners’ leadership potential first in China and attempts to increase high-margin, predictable earnings through organic growth and judicious acquisitions.
Tootie Pie Company, Inc. (OTCBB: TOOT)
Tootie Pie Company, Inc. (OTCBB: TOOT) – Tuesday’s shares increased 6.25% to $0.85. 7,800 was the volume. The Tootie Pie Company announced on May 17th that it won First Place at the 2007 APC/Crisco® National Pie Championship, Commercial Division, held recently in Orlando, Florida. The National Pie Championship is conducted annually by the American Pie Council (APC). Contestants come from all over the country and compete in several categories, including Amateur, Professional, and Commercial. For more information, please visit their website at www.piecouncil.com. Don Merrill, President and CEO of Tootie Pie Company said, “This award confirms what our growing customer base already knows: Our pies are extraordinary. Our recipes are exclusive and our bakers prepare each pie by hand, resulting in the very best pie…a winner! I am thrilled to receive this prestigious award on behalf of the entire Tootie team.”
Tootie Pie Company, Inc. bakes, markets and sells high quality, handmade pies. Tootie Pie Company has three primary sales channels: retail, corporate and wholesale. The retail segment serves individual consumers through in-store sales at our Boerne storefront, orders via telephone and internet orders on their website. The corporate segment serves small businesses to large corporations that purchase the pies for gifts, events and/or personal use. The wholesale segment is made up of regional and national broad-line foodservice distributors (Ben E. Keith, Sysco, US Foods) who purchase our products and then resell them to their customers, such as restaurantshotels, charters, and coffee shops.
We Invite you to Visit the All New StockGuru Blog!
Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.
Click HERE to visit the Blog, or go to:
http://stockguru.com/blog/
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. GRUS Disclosure: Pentony Enterprises LLC has been compensated $14,000 directly from the company for profile coverage. ADOV Disclosure: Pentony Enterprises LLC is compensated for profile coverage of many publicly traded companies. Compensation is clearly shown in detail when that is the case. GTEC Disclosure: Pentony Enterprises LLC has been compensated $3,600 and 265,000 restricted shares directly from the company for profile coverage. TOOT Disclosure: Pentony Enterprises LLC has been compensated $23,000 directly from the company for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
