Stocks To Watch Wednesday - POWN, ETLS, VIPR, WTCG

POWN I can just feel this stock squeezing higher on Wednesday.  The excitement, the momentum, the upside potential is all very palpable.

ETLS closed higher again today.  The stock is slowly trickling higher in a very healthy manner.  With the CEO owning a big slice of the outstanding shares, there simply will not be enough to go around when the attention finally comes to ETLS.

VIPR for new comers to my blog I wrote about VIPR at the end of January.  It looks like I was right, and today's action could be indicative of things to come short term for VIPR.


http://pennystockgurus.blogspot.com/2010/01/vipr-selling-is-over-reg-d-504-selling.htmlhttp://pennystockgurus.blogspot.com/2010/01/vipr-selling-is-over-reg-d-504-selling.html

If I was holding VIPR I may want to wait to see if the buying continues. $.005 is the next target.

WTCG looks to have found some decent support today in the low $.003 range.  I like this stock going forward.  This story stock has just turned its first few pages.  I expect a happy ending.

PSGI - A Sell The News Event

PSGI exhibited perfectly the sell the news phenomena you associate with investing.  When insiders and those tipped off know big news is coming they buy up the stock and sell after the big news hits the wires.

This is precisely what happened to PSGI today.  The retail investor is usually the last in line and the one buying up shares while everyone else is heading for the exits.




Prime Star Group Signs $16M Distribution Agreement
Distribution of IntelAPac Product in Southern New York State Through Beverage Source 1, LLC
LAS VEGAS, NV, Mar 16, 2010 (MARKETWIRE via COMTEX) -- Prime Star Group, Inc. (OTCBB: PSGI) subsidiary, IntelAPac, is pleased to announce that it has executed a master distribution agreement valued up to $16M annually with Beverage Source 1, LLC, located in North Bergen, NJ, and will cover New York State's Southern 14 County Region which is comprised of: Dutchess, Orange, Ulster, Bergen, Putnam, Rockland, Westchester, Richmond (Staten Island), New York (Manhattan), Kings (Brooklyn), Queens, Bronx, Nassau, and Suffolk Counties. Distribution of IntelAPac's H2O water and ice product will be the focus of this agreement. Cosmo Amato, General Manager of Beverage Source 1, LLC, stated, "IntelAPac H2O and ice products provide our state and municipal clients in the lower region of New York State access to additional necessary amounts of water and ice inventory. The greater New York metropolitan area can at times be vulnerable and lack basic necessities such as water and ice, especially during the coming summer months where brown outs and black outs take place, can often make a bad situation worse. With additional consideration to the constant and potential threat for disruption of services due to terror attacks, local and state governments understand the need to be prepared by having access to flexible, easily deployed water and ice inventory. IntelAPac's products provide that capability to those entities."
Roger Mohlman, President of Prime Star Group, added, "We are extremely proud to be working with Beverage Source 1.Through their distribution capability and penetration, we are able to make water and ice available for emergency use to local and state government in New York. We could not ask for a better channel partner and corporate citizen to be aligned with than Beverage Source 1. We look forward to a long and rewarding relationship."
About Beverage Source 1, LLC Based in North Bergen, New Jersey, Beverage Source 1, LLC provides distribution of juice drinks, water, mixers, and carbonated beverages throughout the State of New Jersey and Southern New York State. The company services both the on premise segment which includes restaurants, bars, and night clubs as well as off premise convenience stores, local grocery, regional chain supermarkets, hospitals, and municipalities. Beverage Source 1, LLC's product portfolio currently includes fine brands such as Hawaiian Punch(TM), Tampico(TM), Crystal Choice(TM) Water, and Daily's Drink Mixers. For more information about Beverage Source 1, LLC, visit: www.bevsource1.com.
About Prime Star Group Prime Star Group, Inc. is a holding company that focuses on four areas of business: SmartPax(TM) Packaging, Premium Food & Beverage Products, Distribution, and Risk Management. The company's operating subsidiaries produce, market, and distribute wines, tea, adult mixed beverages, flavored water, and gourmet seafood products. The company also produces co-brand and co-pack existing high-end beverages and private label liquors for large hospitality and entertainment brands. Prime Star is focused on the food and beverage, entertainment, hospitality, healthcare and disaster relief industries.
Forward Looking Statements - Safe Harbor This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Prime Star Group, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Prime Star Group, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Prime Star Group, Inc.'s filings with the Securities and Exchange Commission.

CONTACT:
Prime Star Group, Inc.
Public Relations
Dan Schall
(858) 240-7873
or on the web at http://www.primestargroup.net/

POWN - The Penny Stock Guru's Buy and Hold at $.06 Now a 1,000% Gain

The Guru's $1.25 target is getting closer by the day.

THRR - Part II

I have received numerous emails wondering why I questioned THRR, when just yesterday I was calling for the stock to move higher?  I did have THRR on my watchlist yesterday and was calling for gains.  That doesn't equate to an endorsement of the stock.  These Pink Sheet issues are to be traded not held.  I may not like THRR but I knew the money pouring in meant a move higher and I alerted readers to this.

When the company came out with a press release stating $.01 as the buyout price, I felt the need to let the novice and newbie penny stock investor, who frequent my site, know that holding for $.01 will be a fruitless endeavor.  The smart money was selling today after the stock rocketed to $.004.

We trade the penny stocks to make money, not to be left holding the bag after the $.01 buyout offer falls through.  THRR made it clear in their press release today that they do not have to update their shareholders if this supposed deal falls through.  This is exactly what they say:

The Company disclaims any obligation to update or revise any forward-looking statements.    

Essentially, today's press release of the $.01 buyout may be the last you ever hear from the company on the subject... and there is not a thing you can do about it.

That is why we trade these stocks.  For those of you who made money on THRR congratulations.  People made money on ZVTK, CBAI, EWRC, and the like too.

The bottom line:  When the interest reaches a tipping point it is time to move on to the next one.

Watch and learn.

THRR - Is Anyone Really This Dumb?

Less than two years ago THRR was THRI. Same company, same management, but before a mind-boggling 4,000-1 reverse split screwed over all shareholders at the time. Today the stock has traded over $5,000,000 worth of volume on a press release stating they are accepting an offer for a buyout at $.01 a share. Give me a break.

Who in their right mind would be buying a company with an outstanding share count in the billions, an authorized share count of 10 billion, that had a grand total of $486,000 in assets per its last quarterly UNAUDITED Pink Sheet report? It defies logic. The company lost $422,000 in its last quarter. Carry that over a year and you are looking at a $1.2+ million dollar annual loss. Does that sound like something you'd want to be buying for over a 1,000% premium? Really.... why would they be buying a $.0006 stock for $.01? There seems to be more than enough shares in the market well below that price.

Anyone who believes this story also believed EWRC was being bought out at $.06 a share. Look at where that stock is today.

Considering the company has not updated its share structure on Pink sheets in almost a year, it it is safe to say they are selling shares into the market at an incredible rate. When you've got enough suckers buying into this dream, you might as well squeeze every penny before the game is over. Why let them know how many shares are REALLY in the market? Let them believe the numbers from 2008.

Why is there no mention in the press release of who the idoits ponying up millions for the company are?
Why is someone paying millions of dollars for a company that has only ~$400,000 in assets and is losing over $1.2 million on an annual basis?

Finally look at the trading today. If this was anything more than a pump, the stock would be a heck of a lot closer to $.01. That is why we trade them and never believe these outlandish press releases.

The press release that people bought the stock on is posted below. Remember to read the bottom. That is the most important part. These companies can say virtually whatever they want as they are protected by the Safe Harbor:

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995.


Thresher Industries Inc. Moving Forward with Sale of Company
HANFORD, Calif:, March 16, 2010 /PRNewswire via COMTEX/ -- Thresher Industries, Inc has been considering an offer that they received on March 9, 2010 to purchase their company. Subsequent to a special meeting of the Board of Directors of Thresher Industries (Pink Sheets: THRR), it was announced that the proposed offer to sell the company was approved. As stated previously, in the opinion of the Board of Directors this offer represents an extremely attractive offer with a suggested settlement that is significantly above the current market price range. Corporate attorneys for Thresher Industries have advised the Board of Directors that they can act on this offer without shareholder approval. The Board of Directors has been in contact with the major shareholders for the company and all parties have agreed with the action of the board to consent to the sale for a price of $0.01 for all outstanding shares. This is a premium price compared to the recent trading range for the company. The anticipated completion and closing of the deal could be as soon as April 10, 2010.
About Thresher Industries, Inc.
Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, "green" foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact:
Thresher Industries, Inc.
Tel: 559.585.3400
www.thresherindustries.com
info@thresherindustries.com

ZVTK - Oh No Not You Again

It seems someone turned the lights back on for ZVTK shareholders. The company received, per today's press, a $100,000 order. The stock rose 64% on a very impressive 470 million plus share traded day. A total of almost $2.2 million dollars in stock traded for one $100,000 order that supposedly happened.

My take? Don't be the next ZVTK bag holder, well unless those bags are odorned with these fabulous light bulbs. I was thinking of getting one to clean up after my dog. Maybe they can make a bulb that will take my good ole Fido for a walk too. How about one that can make Aunt Edna's cooking edible? I'd be a buyer of ZVTK stock if they could make that happen.

Just remember, when your buying someone else is selling. I'd expect the selling to pick up in earnest much sooner this time. Once bitten, twice shy.

The Guru called the top at $.016. It was a free fall from that price to $.002. That turned a lot of these bulb believers into bulb bag holders. I suspect there will be less of those this time around.

Don't be the one holding the bag of bulbs when the lights go out.

Here is my article calling the top only a few months back.

http://pennystockgurus.blogspot.com/2009/12/zvtk-dont-be-one-holding-bag-when.html

Here is today's press release that sparked the rally:


Zevotek Announces $100,000 Ionic Bulb Order
NEW YORK, Mar 15, 2010 (GlobeNewswire via COMTEX) -- Zevotek, Inc. (OTCBB:ZVTK) (Frankfurt:T5V1.F), a worldwide direct marketer and distributor of innovative personal and home care items, today announced that the Company received a $100,000 order to buy Ionic Bulbs for delivery in March 2010. Zevotek is selling Ionic Bulbs to a New Delhi, India based company that plans to market and sell Ionic Bulbs in India. Zevotek received a deposit payment required to confirm the customer's order and is to receive the final payment prior to shipment later this month. The $100,000 order is for the 15 watt, 220 volt version of the Ionic Bulb that meets India's electrical standards and is the same standard used throughout Europe.
Commenting on the announcement, Zevotek's CEO, Rob Babkie, said, "I am excited to announce we have booked a major sales order. The sale immediately benefits Zevotek and gives us a leading position in India, a market with tremendous sales potential. The Ionic Bulb's air purifying performance can easily improve indoor air quality in homes across India. Consumers in India already widely accept the reduced energy and money saving features of standard CFL bulbs like the CFL bulbs we mount our compact air purifiers inside." The order represents Zevotek's largest firm order for an international market. Commenting on Zevotek's plans for international markets, Mr. Babkie noted, "Upon becoming Zevotek's CEO, my goal has been to lend my international business experience to growing sales. We are using Zevotek's U.S. sales and marketing campaign to create international interest in our Ionic Bulb and develop relationships with distributors who can sell Ionic Bulbs in countries around the world. Today's order is an exciting result."
About the Company:
Zevotek, Inc. plans to market and sell a range of innovative personal and home care items. Zevotek has a license to sell an energy saving compact fluorescent light bulb (CFL) named the Ionic Bulb, a light bulb designed for consumer use by combining the performance features of ionic air cleaning technology with those of a 10,000 hour reduced energy use compact fluorescent light bulb (CFL).The Company sells the Ionic Bulb through TV infomercials and the Internet and plans to market Ionic Bulbs through catalogs, magazines and major U.S. retail and specialty stores. The Company's 1 minute and 2 minute Ionic Bulb TV ads are designed to air on national cable channels, local broadcast channels and TV superstations. Zevotek directly sells the Ionic Bulb to consumers through http://www.newionicbulb.com/ and http://www.amazon.com/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and effectiveness of marketing the Ionic Bulb are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Zevotek, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward- looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com/
SOURCE: Zevotek, Inc.
By Staff

CONTACT:          CONTACT:  Zevotek, Inc.Jeff Carlson949.375.3208

POWN - Making The Guru Look Smarter By The Day

When POWN was trading at $.06 the Guru called out a long term target of $1.25. That is a 2,000% call, funny thing is over 700% of that gain has already occurred. I even amaze myself from time to time.