MedSpas of America, Inc. (OTC: MDSP)
MedSpas of America, Inc. (OTC: MDSP) – Friday’s shares stayed even at $0.005. 102,000 shares were traded. MedSpas of America, Inc. (www.medspasofamerica.com) announced on February 8th its medspa acquisition program for 2007. Paul R. Smith, CEO of MDSP, stated, “Our growth plan for this year is to acquire 5 existing medspas and convert them to our brand Virtuoso Medspas. The company is currently in preliminary discussions with numerous acquisition candidates. We anticipate that upon the successful implementation of our acquisition plans this year, the Company’s projected annual revenues will increase by 550%. Our primary interest this year is in the southeast USA, however, we will acquire candidates that meet our profile regardless of geography.
MedSpas of America, Inc., founded in 1997, is a publicly traded Nevada corporation, with its headquarters in Atlanta, Georgia. The Company recently completed a reorganization and stock purchase of Virtuoso MedSpas, Inc. (”Virtuoso”), now a wholly-owned subsidiary of the Company. The Company intends to focus it’s resources on the development of the Virtuoso brand.
Lantis Laser Inc. (OTC: LLSR)
Lantis Laser Inc (OTC: LLSR) – Friday’s shares closed down 4.97% to $0.65. The volume was 119,560. Lantis Laser Inc., The OCT Dental Imaging System(TM) seems destined to capture the major share of imaging procedures in the dental office. Currently used conventional x-ray and the improved digital x-ray still have many shortcomings in providing meaningful images of dental structures and even more so with respect to early detection. Stan Baron, President & CEO of Lantis, pointed out that, “OCT provides much more detailed images than x-ray for early detection of decay and can image occlusal (biting) surfaces, a huge advantage over x-ray. OCT is destined to be the modality of choice in the modern dental office.”
Lantis Laser Inc. is focused on developing its exclusive OCT Dental Imaging System™ for use in general dentistry under License from Lawrence Livermore National Laboratory and LightLab Imaging. Lantis was formed to commercialize the application of novel technologies in the dental industry. The criteria for selected products include competitive edge, exclusivity and large market potential. The Company plans to launch the OCT Dental Imaging System™ in the third quarter of 2008 as its first product. Lantis has exclusive rights to the application of OCT technology in the field of dentistry under its license Agreements with Lawrence Livermore National Laboratory and LightLab Imaging. OCT was invented in the early 1990’s at the Massachusetts Institute of Technology and is currently being commercialized by Carl Zeiss Meditec, Inc. in ophthalmology and by LightLab Imaging for cardiovascular imaging.
Lexington Energy Services Inc. (OTCBB: LXES)
Lexington Energy Services Inc. (OTCBB: LXES) – Friday’s shares decreased 1.90% to $1.03. 5,500 was the volume. Lexington Energy Services Inc. announced that on February 7, 2007, it signed a non-binding letter of intent to acquire the assets of privately held Southern Well Testing Ltd. and Southern Well Testing (2005) Ltd., of Brooks, Alberta. Lexington intends to acquire all of the assets of Southern Well Testing, including Southern Well’s eight completely mobile P-tank test units and one high stage combination test vessel. In addition, Lexington will also secure the rights to continue providing mobile testing services to all of Southern Well’s existing customers. “We are extremely excited about this acquisition,” says Larry Kristof, President and CEO of Lexington Energy, “We continuously seek opportunities to enhance shareholder and customer value and this acquisition will mean a strategic and substantial expansion of Lexington’s assets, business and customer base.”
Lexington Energy Services Inc. is an oil field service company providing construction and leasing of custom oilfield service equipment. As Canada’s fastest growing oil field service company, Lexington Energy Services manufactures and leases innovatively designed oilfield service equipment. Through their wholly owned subsidiary, Lexcore Services Inc., the company also provides a range of drilling services to meet the growing needs of the oil and gas industry, including Alberta’s oil sands.
Endeavour Silver Corporation (AMEX: EXK)
Endeavour Silver Corporation (AMEX: EXK) – Friday’s shares increased 2.39% to $4.71. 330,300 shares were traded. Endeavour Silver Corp. announced on February 7th that recent drilling has outlined three new high grade silver mineralized zones at the Guanacevi Mines Project, Durango, Mexico. The Alex Breccia zone is located 800 m southwest of the historic Santa Cruz mine along the Santa Cruz vein; the La Prieta zone occurs at the south end of the Santa Cruz property 300 m further southwest from the Alex Breccia; and the El Pelayo vein forms a north-trending splay off the Santa Cruz vein 500 m north of the Santa Cruz mine. All three zones previously produced minor amounts of ore from small underground mine workings. Four of the eight La Prieta drill holes intersected silver mineralization of economic interest over a 100 m length to a 200 m depth below Santa Cruz mine level #6, partly open for expansion. La Prieta is a smaller target that will be left for further drilling until after Alex Breccia is fully explored. The El Pelayo mine lies on a vein splay of the Santa Cruz vein system that intersects the Santa Cruz vein to the south of the Porvenir mine ramp. It was developed in the past by two short adits. A 179 m length of the El Pelayo vein returned 570 gpt silver and 0.94 gpt gold over an average width of 1.4 m (18.1 oz per ton Ag equivalent over 4.6 ft). The highest grade sample assayed 1006 gpt silver and 1.4 gpt gold over a 0.8 m thickness (31.4 oz per ton Ag equivalent over 2.6 ft) and the thickest vein sample graded 338 gpt silver and 0.5 gpt gold over a 3.9 m width (10.7 oz per ton Ag equivalent over 12.8 ft). Bradford Cooke, Chairman and CEO, commented, “We are very encouraged by the fact that new high grade silver mineralized zones continue to be outlined at the Guanacevi Mines Project, even after two years of continuous drilling along the Santa Cruz vein system. Once these new discoveries are modelled for resource estimation, Endeavours operations team will schedule these zones for mining as part of a minimum five year mine plan.”
Endeavour Silver Corporation is a small-cap silver mining company focused on the growth of its silver production, resources and reserves in Mexico. The expansion plan now underway at the high grade, Guanacevi mines project in Durango should propel Endeavour into the ranks of the top 5 primary silver producers in the world. Endeavour stands out from other primary silver companies for its high silver grades (+15 oz. per ton), its high silver leverage (+90%), the substantial exploration upside of the Santa Cruz property (+30 million oz), the potential capacity of the Guanacevi plant and the organic growth potential of these core assets.
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. MDSP Disclosure: Pentony Enterprises LLC was compensated $21,000 from a non-controlling third party for profile coverage. LLSR Disclosure: Pentony Enterprises LLC was compensated $15,000 directly from the company and 55,000 free trading shares from a non controlling third party for profile coverage. EXK Disclosure: Pentony Enterprises LLC was compensated $10,000 for profile coverage. LXES Disclosure: Pentony Enterprises LLC has been compensated $48,000 and expects to be approximately 130,000 freetrading shares and $32,000 by noncontrolling third party World Alliance Limited. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. 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.