Utah Uranium Corporation (OTCBB: UTUC)
Utah Uranium Corporation (OTCBB: UTUC) – Tuesday’s shares stayed even at $0.60. 116,320 shares were traded. Utah Uranium Corp. announced February 7th the signing of a Joint Venture Agreement on the newly acquired Wild group of claims, located near Hanksville, Utah, with Consolidated Abaddon Resources Inc. of Vancouver, B.C. Under the terms of the Agreement, Abaddon will be responsible for payments to Utah Uranium totalling $195,000, the issuance of a total of 300,000 shares over the life of the agreement, and they will be required to complete a minimum of $600,000 in work on the property in a two-phase work program prior to December 1, 2008. On completion of certain milestones within the agreement, Abaddon will be deemed to have earned up to a 60% interest in the property.
Utah Uranium Corporation is a Moab, Utah-based junior exploration and development company focused on the acquisition of past producing underground uranium mines that can be brought back into production in the near term with a low capital expenditure. All of the mines currently in the acquisition pipeline are within economic haul distances of the White Mesa Uranium Vanadium Mill in Blanding, Utah owned by Dennison Mines. The white Mesa Uranium Mill is currently the only operating Uranium mill in the United States.
Automotive Software Designers, Inc. (OTC: OPSY)
Automotive Software Designers, Inc. (OTC: OPSY) – Tuesday’s shares closed down 33.33% to $0.10. The volume was 5,000. Optical Systems, whose wholly owned operating subsidiary is Automotive Software Designers, announced on January 22nd the addition of Keith Orr to the company’s Board of Directors. Keith Orr is a veteran of the automobile industry. His leadership and business acumen are clearly demonstrated by his success as CEO and majority owner of the esteemed Orr Automotive Group, which comprises eighteen new vehicle dealerships with twenty-three franchises in Texas and Louisiana. Mr. Orr’s leadership experience encompasses an array of disciplines, including sales, marketing, product development, and dealership management.
Automotive Software Designers, the wholly owned operating subsidiary of Optical Systems Inc., provides front office software for automotive dealerships that significantly improves dealership efficiency by automating workflow within a dealership, eliminating manual forms, and reducing the time to desk and finance a deal.
China America Holdings, Inc. (OTCBB: CAAH)
China America Holdings, Inc. (OTCBB: CAAH) – Tuesday’s shares decreased 3.23% to $0.09. 187,633 was the volume. China America Holdings, Inc.announced February 11th that its majority owned subsidiary, Big Tree Toys, Inc., recently received orders totaling approximately $300,000 from Groupe Casino Ltd, an international buying group with outlets throughout Europe and South America. Buyers of Groupe Casino Ltd from multiple countries make their selection of toys for potential purchase for the year in January. The orders are placed by batch throughout the year to reflect seasonal demand of the toys market. The combined orders placed in January are the first batch sales with Groupe Casino Ltd in 2008. These first purchase orders in 2008 represent a 35% increase in initial purchases over 2007 and as a result, Big Tree Toys management anticipates that this account will generate sales of approximately $2 million overall for the year.
China America Holdings, founded in 1998 as Sense Holdings, Inc. and headquartered in Sunrise, FL, is a diversified holding company established to exploit the rapid growth of the Chinese economy and international marketing opportunities through ownership stakes in U.S. and Chinese corporations. Their operations include majority ownership in two Chinese companies, Shanghai Aohong Industry Co., Ltd. and Big Tree Toys, Inc. Their Shanghai Aohong Chemical Co. Ltd. subsidiary is a distributor of assorted liquid coolants which are utilized in a variety of applications, primarily as refrigerants in air conditioning systems for automobiles, residential and commercial air conditioning systems, as well as a manufacturer of steel non-refillable cylinders. Their Big Tree Toys, Inc. subsidiary is an authorized agent for over 8,000 toy manufacturers in China. Products offered by Big Tree include in excess of 180,000 varieties of toys and related items including remote control toys, digital toys, sports toys, play sets, educational toys, dolls, and infant toys. Big Tree Toys greatly simplifies sourcing products from China.
Copper King Mining Corporation (OTC: CPRK)
Copper King Mining Corporation (OTC: CPRK) – Tuesday’s shares stayed even at $0.10. The volume was 415,600. Copper King Mining Corporation and its subsidiary Western Utah Copper Corporation announced February 11th that they completed negotiations with actor John O’Hurley (“Seinfeld,” “Dancing with the Stars,” “Family Feud”) to host their new VNR. One of People magazine’s “Sexiest Men Alive,” John O’Hurley has catapulted into television’s busiest and most versatile actor, show host, advertising hero, and feature film star. The award-winning actor is best known as “J. Peterman” on “Seinfeld,” which is now the #1 syndicated series in the world in 85 countries. He danced his way into the hearts of America as the ultimate champion of the highly rated ABC show “Dancing with the Stars,” and then starred on Broadway in Chicago, as the male lead “Billy Flynn.” O’Hurley can now be seen as the head of the Round Table, King Author, in Eric Idle’s hilarious musical comedy “Monty Python’s Spamalot” in Las Vegas at the Grail Theater at the Wynn Las Vegas Hotel. He is the face of the popular syndicated show “Family Feud.” As the follow up his New York Times Bestseller called It’s OK to Miss the Bed on the First Jump: And Other Life Lessons Learned from Dogs, O’Hurley released his second book, Before Your Dog Can Eat Your Homework, First You Have To Do It in October 2007. O’Hurley has a CD called “Peace of Our Minds,” a collaboration of piano and cello compositions by O’Hurley and world renowned cellist Marston which sold out in 8 MINUTES on QVC and is a nationwide bestseller. “Peace of Our Minds” is also the first completely independently produced CD to ever reach #13 on the Billboard Music charts. Mr. O’Hurley said he is excited about the opportunity to work with a mining company that truly cares about the environment and recognizes the need for responsibly mined copper as a contributing component to environmental improvement.
Copper King Mining Corporation engages in the extraction and mining of ores bearing gold, silver and copper. The company has recently set its sights on “going green” and will employ the most environmentally friendly processes possible on a best efforts basis. The company currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims. The company recently added to its holdings by filing 6 more claims on land which was inside their holdings, but not patent deeded.
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