Rhino Outdoor International, Inc. (OTCBB: RHOI) – Thursday’s shares closed down 18.03% to $0.10. 249,980 shares were traded. Rhino Outdoor International reported on August 16th they are now seeking listing on the Alternative Investment Market (AIM) London Stock Exchange. This most recent listing will allow Rhino Outdoor International to continue the company’s plan of expanding its international exposure to the financial and extreme sport industries. Howard Pearl, CEO and President of Rhino Outdoor International, Inc. stated “The foreign markets will be very important for the success of our company.”
Rhino Outdoor International is a development company that operates outdoor activity based businesses. Whether in the mountains, deserts, waterways, roads or skies consumers have adopted outdoor lifestyle activities – and are purchasing the equipment and services that sustain them – at an ever-increasing rate. It is the vision of the company to build an organization of manufacturers with a common appeal to this growing market. Rhino Off-Road Industries, a wholly owned subsidiary of ROI, is the manufacturer of the innovative Rhino Rough Terrain Vehicle (RTV). The RTV was designed for active, outdoor oriented families who want to experience off-road adventure in virtually any terrain. The Rhino RTV has added a new dimension to wilderness adventure tours and created a new category in the growing off-road rental industry. It has also provided a solution for the emergency and rapid-response industry.
Edgeline Holdings, Inc. (OTCBB: ELHI)
Edgeline Holdings, Inc. (OTCBB: ELHI) – Thursday’s shares decreased 9.41% to $0.77. The volume was 4,410. Edgeline Holdings announced on August 10th that it reached a non-binding agreement to acquire Intertech Bio, a newly formed biotech company that is located in Houston, Texas in an all stock transaction. “We are pleased that we have reached this tentative agreement with Intertech and will work in an expeditious manner to complete this acquisition within the next thirty days,” stated Carl A. Chase, Vice President of Edgeline Holdings. “We believe that Intertech will be a good fit in our portfolio as we continue to acquire early stage companies that have a tremendous upside opportunity.”
Edgeline Holdings, Inc.specializes in the area of discovering and acquiring leading-edge niche technologies, acting as their incubator and nurturing those technologies into market ready applications. Edgeline Holdings is currently based in Houston, Texas but is actively seeking partners throughout North America, Asia, and Europe. Edgeline Holdings acquired its first technology, Secure Voice Communications, Inc. in July of 2007. Secure Voice is a Houston, Texas based company, with research and development efforts primarily focused on developing and readying for market a SIP (Session Initiation Protocol) based approach to defending voice traffic and voice packets against deliberate attacks such as DOS (Denial of Service). Secure Voice owns copyrighted technology developed and acquired from the University of California, Davis.
Medina International Holdings, Inc. (OTCBB: MIHI)
Medina International Holdings, Inc. (OTCBB: MIHI) – Thursday’s shares closed down 1.85% to $0.53. 3,000 was the volume. Medina International Holdings delivered a 15 foot fire rescue boat to the New Fairfield, Connecticut Volunteer Fire Department, Squantz Engine Company in late June of this year. Assistant Fire Chief Peter Benzinger addressed a personal letter of thank you to Medina, expressing his satisfaction with the boat. Daniel Medina, President of Medina International Holdings, Inc. commented, “We were very pleased to receive such high praise from the Squantz Engine Company. We know our boats are the best available in the market, but to get such a positive endorsement really validates our efforts.” Medina Marine is increasing its sales efforts domestically and internationally. More information will be available over the coming weeks regarding these efforts.
Medina International Holdings, Inc. produces commercial fire, rescue, police and patrol boats utilizing the highest design and performance standards. The company’s products combine safety, power, handling and stability with a proprietary hull design and equipment features that address specific niche markets. With approximately 241,500 miles of waterways in the United States alone, opportunities for fire, search and rescue, and patrol boats are abundant. Assuming the need for 1 boat for every 10 miles of waterway, the potential addressable domestic market for Medina’s products is $2.4 billion. International demand is even greater than domestic demand, which presents exponential growth opportunities for the company.
China Wireless Communications, Inc. (OTCBB: CWLC)
China Wireless Communications, Inc. (OTCBB: CWLC) – Thursday’s shares stayed even at $0.012. 303,600 shares were traded. CWLC has been up as much as 35% since StockGuru announced coverage. China Wireless Communications announced on August 14th it was selected by the City of Tianjin’s Economics Development Area Building Architecture Department (TEDA) to provide Lenovo servers, desktop, and laptop computers along with the management and maintenance to support them. The City of Tianjin’s Economics Development Area Building Architecture Department is based in Tianjin, China. Frank Li, President of Tianjin Create Electronic Information Technology Co. LTD, a systems integration company and subsidiary of China Wireless Communications, has signed a contract with the City of Tianjin’s Economics Development Area Building Architecture Department (TEDA), to provide Lenovo servers, desktop, and laptop computers along with the management and maintenance to support them. The City of Tianjin’s Economics Development Area Building Architecture Department is based in Tianjin, China.
China Wireless Communications, headquartered in Denver, Colorado, is focusing its efforts on becoming a premier information technology company in China. The need for quality information technology services is developing quickly in China and China Wireless Communications, along with subsidiary Tianjin Create Co., is becoming a major player in its development. The company provides business solutions to clients including systems integration, broadband data services, support for Internet access and video surveillance in China. Our system support redundant high-speed network access connections, and transport services that include IP data, video and ISP services. Other key components to building the company’s broad base information technology products and services in China include computer installation and maintenance, broadband transportation services, server installation maintenance and support, Internet services, broadband transport redundancy, fixed wireless transport, data and video power supplies and backup power for data networks and information hosting.
EastBridge Investment Group Corporation (OTCBB: EBIG)EastBridge Investment Group Corporation (OTCBB: EBIG) – Thursday’s shares decreased 13.33% to $0.13. 33,965 was the volume. EBIG has been up as much as 361% since StockGuru initiated coverage. EastBridge Investment Group announced on August 14th that it filed its second quarter 10Q with the SEC. Revenues have increased by $17,788 in the 2nd quarter of 2007, over the same period in 2006. The Company reported a net loss of $201,446 versus a $79,147 loss in the same period in 2006. The additional loss was due largely to payroll and professional service expenses. Norm Klein, CFO and COO of EastBridge Investment Group, commented, “The revenue figure would have been higher if we had included as income some of the stock we have received from our clients; however, we have decided to take the more conservative accounting approach to recording revenue and will not book revenue from the stocks until they become publicly traded. At that time, we will recognize the stock’s full value as income.”
EastBridge Investment Group Corporation is the first OTCBB listed company whose main business is helping small-to-medium-size Chinese and Indian companies to become public companies in the U.S. Depending on their annual profit and revenue, they can list them on OTCBB, Nasdaq, AMEX or NYSE. Their income sources are from: a) Earning fees and marketable stock equity in the client companies they take public, b) Making cash incomes by operating joint business ventures with their foreign partners; and c) Earning fees by providing merchant banking services to their clients. Their operation is divided into individual business units by industry, such as the Electronics, Real estate, Auto Metal, Energy Enviromental, Bio Science, Food Retail Distribution units. Their target clients are mostly in India, mainland China, Hongkong, Macao and Taiwan. Their business focus is very narrow but deep. They are only interested in business opportunities where the decision process is simple, and the return is within one to two years. The president, Keith Wong and CFO, Norman Klein, as EastBridge officers, are talented with over twenty years each of industrial, sales and financial experiences.
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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. RHOI Disclosure: Pentony Enterprises LLC expects to be compensated up to $12,000 by a non-controlling third party for profile coverage. ELHI Disclosure: Pentony Enterprises LLC expects to be compensated up to $13,000 cash for profile coverage. MIHI Disclosure: Pentony Enterprises LLC has been compensated 15,000 restricted 144 shares of stock for profile coverage. CWLC Disclosure: Pentony Enterprises LLC expects to be compensated up to seven million restricted shares directly from the company and was previously compensated $24,000 from a non-controlling third party for profile coverage. EBIG Disclosure: Pentony Enterprises LLC was compensated 430,000 restricted shares directly from the company for profile coverage. 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.
