Tradequest International, Inc. (OTCBB: TRDQ) – Thursday’s shares closed down 25.00% to $0.021. 117,241 shares were traded. Tradequest International, doing business as IP1 Network, Corp., announced on April 10th that it completed its latest funding round last quarter, which to date has provided approximately $1.33 million, net of fees and closing costs. With this additional capital, the addition of new senior executives, and the development of new business opportunities, the company is poised to continue its growth as a leader in Voice over Internet Protocol (VoIP) and a host of IP telephony solutions. “One change is that we have chosen to work almost exclusively with large strategic partners with global reach. We also corrected some weaknesses in our network, created new relationships with multiple carriers to improve our international and domestic routes, paid new carrier deposits, and enhanced our internal systems,” said IP1 Network’s President and COO Frank Erbiti.
Tradequest International, through its subsidiary IP1 Network Corp., formerly InComm Holdings Corp., is an Enhanced Internet Services Provider that offers advanced Internet-based services and solutions, including Voice over Internet Protocol (VoIP) and other IP-based services, to business and residential end-users around the world, with a marketing concentration in Latin America through their network of strategic partners. The company markets and sells their IP solutions through an extensive network of established and well-connected strategic partners throughout the Americas.
City Capital Corporation (OTCBB: CCCN)
City Capital Corporation (OTCBB: CCCN) – Thursday’s shares stayed even at $0.70. The volume was 48,100. City Capital Corp board approved on April 23rd a stock dividend, to be awarded in the form of five shares of stock for every 100 shares owned at the end of business April 30, 2007. City Capital has experienced dramatic growth since Ephren Taylor assumed the Chairman and CEO roles in early 2006. During Taylor’s first full year as CEO, shareholder value increased 865%. At year-end 2006, the company showed a 305% total net asset value return.
City Capital Corporation is engaged in leveraging investments, holdings and other assets building value for investors and shareholders creating positive change and self-sufficiency for communities around the country and the world. City Capital currently manages diverse assets and holdings including real estate developments, such as the Kansas City (Missouri) Historic Jazz District redevelopment; buying, selling & drilling of oil & gas properties, and more. The company buys and renovates distressed properties in multiple industry segments, reselling them at a profit. City Capitals core mission of Socially-Conscious Investing To Empower Urban Communities focuses on providing affordable homes for working class families, allowing average families to afford the American Dream.
Hemisphere Gold Inc. (OTC: HPGI)
Hemisphere Gold Inc. (OTC: HPGI) – Thursday’s shares went up 0.65% to $1.56. 6,360 was the volume. Hemisphere Gold Inc. announced on April 11th the airborne geophysical survey contracted to Terraquest has been recently completed and initial images received. The survey consisted of magnetic and radiometric readings that are processed to highlight features that relate to geology and structure that can be related to controls on gold mineralization. The data are of excellent quality and highlight details that will be integrated into the field program and data interpretation to assist in targeting gold mineralization. The geophysical survey data are not a direction indication of gold mineralization but define rock units, intrusive rocks, structures (faults), and alteration (potassium or magnetite destruction) that may be related to gold mineralization.
Hemisphere Gold Inc. is in the business of exploration and acquisition of gold properties in some of the world’s best gold districts. The Company’s objective is to take advantage of high-yielding untapped mineral producing properties through exploration and acquisition. The Company’s flagship property is in Suriname, a democratic country which has had mining operations since the 1700’s. Suriname is an emerging major gold producer with international companies showing interest. Hemisphere is committed to maintaining environmental stewardship, occupational safety and corporate responsibility.
General Metals Corporation (OTCBB: GNLM)
General Metals Corporation (OTCBB: GNLM) – Thursday’s shares increased 9.26% to $0.295. 2,865,544 shares were traded. General Metals Corporation announced on April 30th that it’s Board of Directors has resolved to forward split its common shares on an 11 for 10 basis. This is being done to provide a benefit to our existing shareholders, who have financed us for a number of years, as we enter into the Institutional financing Phase for our Company. A new cusip number and trading symbol will be announced once the transaction is effective. The net effect is that each shareholder of record on the effective date will tender their shares for exchange for a 10% increase in new shares.
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) – Thursday’s shares stayed even at $2.00. The volume was 700. Lotus Pharmaceuticals released its 2006 audited annual report, revealing gross revenues of $36 million, net profits of $4.1 million and net assets of $20.6 million. Mr. Adam Wasserman, Chief Financial Officer, summarized the Form 10-KSB filed today: “Total revenues for the year ended December 31, 2006 were $36,207,689 as compared to total revenues of $18,345,841 for the year ended December 31, 2005, an increase of $17,861,848 or approximately 97 percent. Dr. Liu Zhongyi, Chief Executive Officer, remarked: “The performance of Lotus is a tribute to our superior products and personnel. We are confident that this is only the beginning for our Company. Building on this success and with appropriate financing, our strategy is that Lotus will establish itself as one of the major pharmaceutical companies with much expanded marketing channels and a good range of products, plus a superb R&D capability.
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) – Thursday’s shares closed down 14.39% to $1.19. 368,071 was the volume. KAL Energy reported a recent Bloomberg article published in the Jakarta Post on April 23rd quoted Dr. Mark Mobius, who oversees US$30 billion for Templeton Asset Management Ltd., saying that, “Asian coal prices may surge 42 percent in five years.” The article stated also quoted Deutsche Bank, Europe’s biggest investment bank by revenue, saying, “The prospect of China being a net importer of thermal coal as early as 2008 has placed material upward pressure on the outlook,” and the outlook “has improved significantly.” “We are pleased to see our ground level experience and internal forecasts being confirmed in these reports. Increases in regional coal pricing will have a direct and material positive impact on KAL Energy earnings going forward, enhancing our ability to delivery shareholder value,” said Cameron Reynolds, KAL Energy CEO, commenting on this news.
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.
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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. TRDQ Disclosure:Pentony Enterprises LLC has been compensated $15,000 and 2 million rule 144 restricted shares directly from the company for profile coverage. CCCN Disclosure: Pentony Enterprises LLC was compensated $12,500 directly from the company for profile coverage. HPGI Disclosure: Pentony Enterprises LLC has been compensated $12,000 for profile coverage. Pentony Enterprises LLC, the publisher of this website, was compensated 12,000 U.S. dollars by Haynes Capital Corp. Slovakia s.r.o. (hereinafter “Haynes”) for preparing and hosting the information contained on this website. Ocean Eclipse Ltda. (hereinafter “Ocean”), a corporation organized under the laws of Costa Rica paid Haynes 60,000 U.S. dollars to produce and distribute a financial newsletter and to publicize the gold industry and Hemisphere Gold Inc. (”HPGI”), a Nevada corporation, using one or more websites. Haynes has not received any information indicating that Ocean owns any shares of HPGI. In addition, on March 29, 2007, Haynes entered into a contract with HPGI under which Haynes shall perform media relations and awareness consulting services for HPGI and HPGI shall pay Haynes 3,000 U.s. dollars per month. The term of this contract is 3 months and shall be automatically extended for 1 month terms until terminated by either party. Haynes does not own any common shares of HPGI and does not intend to purchase or sell any common shares of HPGI in the immediate period following the publication of information pertaining to HPGI on this website. However, because Haynes received compensation for assisting HPGI engage in media relations and awareness marketing, and HPGI has in turn received compensation from Haynes, there is an inherent conflict of interest in any statements and opinions contained in this website and such statements and opinions cannot be considered independent. 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 currently holds no 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 currently holds no shares. 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.