Sunday, July 15, 2007
Jul. 15, 2007 (M2 Communications Ltd. delivered by Newstex) --
Our Stocks to Watch today include Terra Nostra Resources (OTCBB: TNRO), DC Brands (OTC: DCBI), Alsius Corporation (NASD: ALUS), Coates International (OTCBB: COTE), DYAX Corp (NASD: DYAX)
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TERRA NOSTRA RESOURCES (OTCBB: TNRO) 'Up 18.3% on Friday'
Detailed Quote: http://www.otcpicks.com/quotes/TNRO.php
Terra Nostra Resources Corporation owns a 51% interest in Shandong Quanxin Stainless Steel Co. Ltd., with a state-of-the-art stainless steel facility that commenced production with its 180,000 ton casting mill in January 2006, and has the first phase of a 450,000 ton rolling line under construction. The Company is also emerging as a leading copper producer in China through its 51% interest in Shandong Terra Nostra Jinpeng Metallurgical Co. Ltd., having existing and under construction production capacity of 170,000 tons of electrolytic copper, in addition to value-added copper tubes and wire. Both joint venture companies are located in the industrial, coastal Province of Shandong, China. More information on the company can be found at http://www.tnr-corp.com.
July 12 - Terra Nostra Resources Joint Venture Operations Achieve Substantial Fourth Quarter Revenue Growth
Terra Nostra Resources Corporation (OTC Bulletin Board: TNRO), majority owner of two China joint venture companies in the strategic copper and stainless steel industries, announced recently that preliminary revenue figures for the fourth quarter joint venture operations are significantly increased over the prior quarter.
For the three months ending May 31, 2007, the Shandong Quanxin Stainless Steel joint venture operations generated revenues of $88.8 million, with a total 28.3 metric tons (MT) of billets and hot roll coil sold. This substantial increase over prior quarter revenues of $1.6 million is attributed to the successful ramp-up of production at the casting mill.
Shandong Jinpeng Metallurgical copper joint venture operations generated revenues of $44.5 million, from sales of 4,643 MT of electrolytic copper and copper rod, 1,372 MT of low-oxygen copper rod, 17,876 g of gold, and 1,598 kg of silver. This represents a 12.3% increase over the third quarter copper operations revenues of $39.6 million.
For the fiscal year ending May 31, 2007, the Copper and Stainless Steel joint venture operations generated combined preliminary revenues of over $280 million, compared to prior year joint venture revenues of $106.7 million.
Terra Nostra expects to release fully consolidated results for the fourth quarter and fiscal year (audited) ending May 31, 2007 representing its joint venture ownership interests within the next 45 days.
Mr. Sun Liu James Po, CEO of Terra Nostra, comments, 'The ramp-up of stainless steel operations in the fourth quarter were accelerated due to strong customer demand, and our congratulations go out to the management and operational teams in Zibo, China for bringing the mill to over 70% operating levels through April and May, ahead of schedule.'
DC BRANDS (OTC: DCBI) 'Up 14.8% on Friday'
Detailed Quote: http://www.otcpicks.com/quotes/DCBI.php
DC Brands International, Inc. (OTC: DCBI) markets its Dickens Energy Cider through a growing network of distributors nationwide. The company announced that the recent trip to Florida by the company's President Dick Pearce and their V.P. of Sales Buck Adams was extremely successful. Mr. Adams said: 'We met with major beer distributors in Orlando, Palm Beach and Miami. All three meetings went extremely well and all three distributors are now in the contract stage. We will not release names until contracts are signed. However, I will tell you that we expect all three to be finalized mid-January. The exciting thing for us is the fact that these new relationships will give our brand exposure to more than 15,000 new accounts and should generate a minimum of $100,000 a month in revenue for the company by early spring on our original energy drink products alone, plus additional revenue from our new bag-in-the-box and alcoholic products we are releasing.' (See previous article 'DC Brands Announces new Bag in the box and Alcoholic product.') Additionally, the company's President and CEO was interviewed a few weeks ago by the Wall Street Reporter, the approximate 15 minute audio file is available at www.wallstreetreporter.com and provides a very good idea of the company's history, position and future goals. Once at the home page, look to the right-hand side, scroll down to the OTC section and look for the file marked Dick Pearce CEO DC Brands International.
July 13 - Giveaways at DC Brands Shareholder Event Include Two Pair of Tickets to Daytona 500 and Much More
DC Brands International (PINKSHEETS: DCBI) has stated numerous times that its upcoming shareholder event held at The Palms in Las Vegas on July 28, 2007, is a can't miss event. The company wanted to give its shareholders yet another reason to attend -- giveaways, gift bags and more. DC Brands will be giving away two pair of tickets to the Daytona 500, held February 17, 2008 in Daytona, Florida. One of the racing world's most sought-after tickets, the Daytona 500 is the premier NASCAR event, so DC Brands is pleased to treat its valued shareholders to free tickets.
'We're very excited about the quality and quantity of items we have to giveaway to shareholders at the event,' said President and CEO Richard Pearce. 'But what I'm even more excited about is the news we have to share. If you think Daytona 500 tickets are cool, just wait until you hear what we have to say.'
The winners will also be able to attend a DC Brands-hosted after-party at the Cruisin' Cafe, where one lucky person will win the new Turn Left Corvette. Event attendees can also expect two gift bags -- one for Turn Left and another for Dickens Cider, giveaways for custom-signed apparel and other branded items.
The final deadline for interested guests to RSVP to the event is Wednesday, July 18. To RSVP for the shareholder meeting, send an email to firstname.lastname@example.org.
ALSUIS CORPORATION (NASD: ALUS) 'Up 12.9% on Friday'
Detailed Quote: http://www.otcpicks.com/quotes/ALUS.php
Alsius, headquartered in Irvine, CA, is a commercial-stage medical device company that develops, manufactures and sells proprietary products to precisely control patient temperature in hospital critical care settings. Controlling body temperature, through cooling and warming, is becoming the standard of care for patients in certain critical conditions and those undergoing a variety of surgical procedures. Alsius markets a comprehensive suite of catheter-based intravascular temperature management products that address the need for effective, accurate, easy-to-use and cost-effective control of body temperature in critical care patients.
Alsius' products consist of the CoolGard and Thermogard systems and three families of single-use catheters. The systems are computer-controlled temperature regulation units that circulate cool or warm saline in a closed-loop through balloons that surround the catheters. Alsius' catheters are inserted into a major vein through a patient's neck or groin and achieve rapid and precise temperature management through contact with the patient's blood flow. Unlike conventional external temperature management products, such as cooling and warming blankets and ice packs, Alsius' intravascular products cool and warm the patient from the inside out, more effectively managing body temperature and allowing caregivers easier access to administer patient care. For more information, visit www.alsius.com.
July 12 - Alsius Corporation to list on NASDAQ Capital Market
Alsius Corporation (ALUS), a worldwide leader in advanced patient temperature management therapies, announced recently that its common stock will begin trading Thursday on the NASDAQ Stock Market under the ticker symbol 'ALUS'. Most recently, Alsius' common stock traded on the OTC Bulletin Board under the symbol 'ITHK'.
'We are pleased to have been accepted into the NASDAQ Capital Market,' said Paul Brooke, Chairman of Alsius. 'This listing is one of several milestones we anticipate accomplishing this year and expect that our move to NASDAQ will enhance visibility for our company.'
COATES INTERNATIONAL (OTCBB: COTE) 'Up 12.1% on Friday'
Detailed Quote: http://www.otcpicks.com/quotes/COTE.php
Coates has been developing over a period of more than 15 years a patented spherical rotary valve CSRV Internal Combustion Engine, invented by George J. Coates and his son Gregory. The CSRV system is adaptable to combustion engines of many types. This technology is currently adapted to a number of practical applications, including industrial generators powered by engines incorporating the CSRV technology and designed to run on flare-off gas from oil wells, landfill gas and raw natural gas. The Company is actively engaged in making final refinements and performance testing in preparation for its launch of this product.
July 12 - Coates Announces Upcoming Interview With CEO
Coates International, Ltd. (OTCBB: COTE) -- George J. Coates, Chief Executive Officer, will be featured in an exclusive interview with www.wallst.net on July 13, at 2:30 p.m. EDT. The interview will be posted on www.wallst.net by 8 p.m. EDT on July 13.
The interview will cover topics including Advancements in New Combustion Engine Technologies' market potential, growth initiatives, competitive edge, recent news, and milestones for our stockholders to watch for.
To hear the interview in its entirety, visit http://www.wallst.net, and click on 'Interviews.' The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the 'Interviews' section of the site, or by entering the company's ticker symbol in the Search Archive window once it is posted.
DYAX CORP (NASD: DYAX) 'Up 11.7% on Friday'
Detailed Quote: http://www.otcpicks.com/quotes/DYAX.php
Dyax is focused on advancing novel biotherapeutics for unmet medical needs, with an emphasis on oncology and inflammatory indications. Dyax utilizes its proprietary drug discovery technology to identify antibody, small protein and peptide compounds for clinical development. Dyax's lead product candidate is DX-88, a recombinant small protein that is currently in clinical trials for its therapeutic potential in two separate indications: hereditary angioedema and on-pump cardiothoracic surgery.
July 13 - Dyax Announces Pricing of Public Offering of Common Stock
Dyax Corp. (NASD: DYAX) announced recently the pricing of an underwritten public offering of 10,500,00 shares of its common stock at a public offering price of $3.67 per share. This offering was increased from the previously announced proposed offering size of 9,500,000 shares. All of the shares are being offered by Dyax pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. In connection with this offering, Dyax has granted a 30-day option to the underwriters to purchase up to 1,575,000 additional shares of common stock at the public offering price to cover over-allotments, if any.
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