General Metals Corporation (OTCBB: GNLM) – Wednesday’s shares closed down 2.78% to $0.17. 119,100 shares were traded. General Metals Corporation announced on March 28th that discussions with potential equity funding groups for Phase 1 financing has commenced, although no definitive terms have been agreed to at this time. The Company is working towards completion of Phase 1, up to $2,000,000, by April 30, 2007, our year end. The proceeds will be used to drill the Independence surface and shallow target and the North surface target, which collectively are estimated to contain 235,000 ounces of gold and 2,500,000 ounces of silver. Some of the proceeds will be used to continue the permitting process for the proposed cyanide heap leach program designed to process the above gold and silver from an open pit operation.
General Metals Corporation is a junior mineral resource exploration company engaged in the acquisition, mining and exploration of gold, silver and other precious metal properties. It controls 100% of the Wilson-Independence mine, which sits as an island in Newmont Mining Corporation’s Phoenix mine in Battle Mountain- Cortez gold belt of Northern, Nevada. The Phoenix mine property has 8.5 million ounces of gold and 660 million pounds of copper in reserves. Newmont is currently spending in excess of $3.0 billion to develop this mine into the largest operating gold mine in the United States.
Lotus Pharmaceuticals, Inc. (OTCBB: LTUS)
Lotus Pharmaceuticals, Inc. (OTCBB: LTUS) – Wednesday’s shares stayed even at $1.55. No shares were traded. Lotus Pharmaceuticals released an exchange between its CEO Dr. Liu Zhongyi and a Wall Street financial advisor, describing the Company’s goal to rank among China’s top pharmaceutical companies with annual revenues exceeding $100 million. The discussion followed Lotus’s obtaining initial financing of $3 million on February 12, 2007, and the program has already attracted more interest from U.S. funds that could enable Lotus to expand through acquisition and its well-performing R&D program. “To summarize our post-acquisition profile, Lotus could have near-term revenues of about $142 million, with a 10% profit margin. More importantly, it would put Lotus on the fast track to leverage on the synergy of the companies. And we conservatively forecast 20% growth in revenue for the coming years, with an average margin of about 12-15% after acquisitions. This would place Lotus amongst the top 100 pharmaceutical companies in China,” Dr. Liu concluded.
Lotus Pharmaceuticals, Inc. is an emerging Chinese leader in offering medicines to ensure well-being, cure disease and improve quality of life. The company’s goal is to discover, develop and successfully market innovative products to help people globally, to help patients manage afflictions and to enhance the quality of life. Lotus continues to discover, develop and successfully market innovative products to help people globally, to help patients manage afflictions and to enhance the quality of life. Lotus has a unique positioning amongst major pharmaceutical companies in China, as it resides in a small class of leadership in both patented and generic pharmaceuticals.
KAL Energy Inc. (OTCBB: KALG)
KAL Energy Inc. (OTCBB: KALG) – Wednesday’s shares went up 3.33% to $0.93. 50,230 was the volume. KAL Energy announced on March 28th that a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on KALG. This strong upgrade comes at a time when the company has received five operational drill rigs and has conducted over 1000m of exploratory drilling thus far. KAL Energy has rapidly increased its on-site workforce to 128 people, including 8 geologists. The increased workforce and rigs will be used to explore their concessions for additional coal seams as well as to excavate the estimated 192 million tons of coal situated near the Mahakam River in North Eastern Kalimantan, Indonesia. The strong upgrade is also due to the company anticipating drill results from the Thermal Coal Project in the coming weeks.
KAL Energy Inc., through its wholly owned subsidiary Thatcher Mining Pte., has the rights to two coal concessions situated near the Mahakam River in North Eastern Kalimantan, Indonesia. This river is a main transportation system for transporting coal to nearby markets. Consulting Geologist, Jonathan O’Dell, has estimated that blocks 16 & 24 could contain over 192,000,000 tons of thermal coal. Today Indonesia is the leading exporter of thermal coal and export prices vary from $30.00 to $60.00 plus per ton. This region has been an active coal exporter since the 1990s, and in 2004 Indonesia passed Australia as the largest exporter of thermal coal. Governmental signing was achieved on Sep. 14th, 2006. Title & Ownership structure has been extensively reviewed by HHP, the in-country affiliate of Baker & McKenzie International.
B2Digital, Inc. (OTCBB: BTOD)
B2Digital, Inc. (OTCBB: BTOD) – Wednesday’s shares went up 4.35% to $0.24. 8,800 shares were traded. B2 Digital announced on March 19th its purchase of five cable franchises from Eagle West Communications, Inc., an Arizona-based cable service provider. “The acquisition of these franchises fits squarely into our global strategy of advancing our digital technology and IPTV services into the cable television market,” stated B2Digital’s Vice President and Chief Operating Officer, Paul LaBarre. “The franchises provide us with a strong existing customer passing of over 10,000 residential homes and allows us to cost effectively deliver our digital services to these customers. By utilizing the revolutionary Challenger DTTS-7000 Digital Cable Transmission System which delivers digital DVD quality content and IPTV through the existing network, we can offer a greater variety and higher quality of digital entertainment services at lower costs to the user, instantly increasing the customer base and revenue generation models.”
B2Digital, Inc. is a provider of in-room, on-demand video entertainment and satellite services to the domestic lodging industry. B2Digital has a base of approximately 8,000 installed rooms, which consist of contract rights of Hotel Movie Networks with Pay Per View and Cable/ Satellite access, and associated hardware and peripherals. B2Digital primarily provides its services under long-term contracts. B2Digital’s platforms provide for in-room viewing of select cable channels (such as HBO, ESPN and CNN and other interactive and information services, plus high-speed Internet access.
The Tracking Corporation (OTC: MIOK)
The Tracking Corporation (OTC: MIOK) – Wednesday’s shares increased 8.70% to $0.25. The volume was 12,500. The Tracking Corporation has expanded their team with the addition of a new controller. His efforts will focus on human resources, payroll, tax reporting and improving client relations through accounts receivable and accounts payable processes. A main goal shared by both parties is the implementation of new policies and procedures regarding budgets, monthly forecasting, hiring and corporate growth projection. Michael Roberts has experience from over a decade of dedication as controller at Business Bank of Nevada, Las Vegas, Nevada; Barton Enterprises, Inc., Dallas, Texas; and Delivery Limited, Inc., Dallas, Texas. Roberts will be instrumental in implementing systems and procedures to ensure compliance with Sarbanes-Oxley. This act includes provisions addressing audits, financial reporting and disclosure, conflicts of interest and corporate governance at public companies. Another integral function performed by Roberts will be the reporting requirements of the Securities and Exchange Commission.’
MicroTRAK GPS, an operating subsidiary of The Tracking Corporation (OTC: MIOK), is a Dallas-based total-solutions provider, with ventures in the asset tracking and vehicle recovery markets. MicroTRAK GPS functions as a multi-faceted corporation focusing on a turn-key approach. This level of dedication provides them with expertise in developing, designing, providing, manufacturing, distributing and servicing GPS technology and products.
Lexington Energy Services Inc. (OTCBB: LXES)
Lexington Energy Services Inc. (OTCBB: LXES) – Wednesday’s shares went up 5.80% to $0.73. 24,050 was the volume. Lexington Energy Services Inc. has received a rating of “Attractive” with a price target of $4.21 by Equity Stock Analysis (ESA). The report is authored by Senior Research Analyst Kris Gupta, CFA. The full report is available at http://www.equitystockanalysis.com
In the report, Mr. Gupta writes, “Lexington Energy Services presents a viable business model subject to continued sales and ongoing contractual relationships. “The energy services companies in the oils sands of Canada at this point have tremendous room for growth and it has been repeatedly predicted that this growth, in terms of exploration and energy service support, will not peak until somewhere between 2010 and 2012.” Mr. Gupta continues, “This stock represents an attractive buy with significant upside potential subject to the execution of stated business plans supported by the revenue generated from both sales and leasing of equipment and prudent management of assets and the stated potential litigation risks. “We are today issuing a target of $4.21 as outlined in this report.”
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.
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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. GNLM Disclosure: Pentony Enterprises LLC was compensated 75,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. 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 holds thirty thousand shares. LTUS Disclosure: Pentony Enterprises LLC was compensated $10,000 directly from the company for profile coverage. KALG Disclosure: Pentony Enterprises LLC was compensated 30,000 free trading shares from a non controlling third party for profile coverage. 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 holds five thousand eight hundred shares. BTOD Disclosure: Pentony Enterprises LLC was compensated $13,000 from a non-controlling third party for profile coverage. LXES Disclosure: Disclosure: Pentony Enterprises LLC has been compensated $80,000 and expects to be compensated about 130,000 freetrading shares by non-controlling 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.