Thursday, August 12, 2010
Friday's Stocks To Watch - UWRL, CTYX, EXTO, FFGO
UWRL could we be witnessing the start of a bold move higher? The first step in UWRL heading to $.006 and beyond would be breaking and holding above $.003. Considering how quickly this stock recovered off its recent lows, I do not think there are many shares left in circulation. The stage has been set for an unforgettable rally.
CTYX this stock just wants to head higher. The volume today was impressive and the stock closed up. I could see CTYX over $.001 by the close of trade tomorrow. Next week, if the buying continues CTYX will be a $.0015 - $.002 stock. Yes a bold prediction, but one that I think will come to life.
EXTO this stock is poised for a rebound after such a precipitous drop last month. The bounce off the lows should bring a 100-200% to shareholders of the stock.
FFGO more buying today and you would have to believe the float is getting accumulated. At some point there will be no sellers left at $.0002 and the stock will uptick. After a break of $.0002 this stock should move higher with less effort.
Monday, August 9, 2010
FFGO - Is This Stock Finally Going To Rally?
FFGO saw a steady diet of $.0002's late in the session today. Could this stock finally be starting its rally? After countless press releases and 8-k filings, could FFGO really start taking off? I think this stock warrants close watch. Many will point out the huge outstanding and authorized share count, but few will note that this stock has run hard in the past.
Irregardless of its share structure I think FFGO could see a push to $.0005 and beyond. A break past the wall at $.0002 will be a good sign that more gains are at hand.
Sunday, August 8, 2010
Monday's Stocks To Watch - UWRL, CTYX, FFGO, WTCT
UWRL nothing has changed my stance on this stock, if anything I am more confident that it will head higher. The 50 and 200 day moving averages sit at $.0016, which should provide support while the $.0023 price has been a barrier to more gains.
CTYX seems like this stock can't resist the need to hit $.0003 on almost every recent trading session. It has done so on 11 of the last 13 sessions. Any reader of my recent posts on CTYX already knows how I feel about this company and the direction I see this stock going in the days and weeks ahead. The last few days is just a prelude to the new upward trend.
FFGO this stock just can't seem to catch a bid. The bevy of recent news and filings has done little to get the stock price out of the bidless $.0001's and into the $.0002 and $.0003 area. It could have something to do with the 74 billion shares outstanding. If there is a stock that can muster some upward price movement with such an enormous share count its FFGO. The stock has done it before. Obviously these bidless stocks carry the risk of total loss, so tread carefully.
WTCT I had a member is my subscriber forum post about WTCT a few weeks back. He had called the transfer agent and was able to calcutalte the float as being around 38 million shares. This is an attractive float for a stock that closed Friday at $.0025 a share. Also the company recently filed with the SEC a change in leadership. Good things could be on the horizon for this stock. I suggest that it be added to your watchlist.
Monday, March 8, 2010
Stocks To Watch Tuesday - GWTR, FFGO, RICP, PTSH
GWTR sold off late in the Monday's session to close at the low of the day. I expect this stock to hold its ground in the days ahead and mount a move higher. Keep it on your watch list.
FFGO had some decent buying action today. If this keeps up there is a good chance the stock could get a glimpse of the $.0003's.
RICP is a lotto triple zero stock that has been selling down for quite some time. Today it bounced and I would look for a continuation in the morning.
PTSH closed at $.0021 today amid some decent buying. I think $.003 is doable short term with similar buying, or an even better price depending on the action. A buy around the low $.002's should be good for a nice little profit.
Wednesday, March 3, 2010
FFGO - It Is Lotto Ticket Time
What was the key point about today's press release? I'd have to say the $.003 valuation the company is holding out for. Even if they take $.0003 that is a triple from today's close.
Sure it is a gamble, but anyone trading penny stocks is a gamble at heart.
I think FFGO will trend higher here. There are a lot of shares to chew through, but with renewed interest in the stock, the potential for more gains is worthy of a lotto ticket purchase.
LAS VEGAS, NV, Mar 03, 2010 (MARKETWIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) is now in a position to finally confirm as follows:
-- A So Called Forced "Put Up or Shut Up imposed on Bidder"; andStockholders are hereby cautioned in exercise extreme caution in their dealings in the Company's shares of Common Stock until such time as further information is made available. Stockholders may rest assured that the Company will be providing very detailed informative information without delay in order to (a) expedite the sale process of its Gold Interests and (b) provide stockholders with the necessary information to enable them to make an informed decision as to their actions in respect of their trading decisions in the Company's shares of Common Stock.
"Alternative Plan" now approved and in place to enrich Stockholders and
Unlock Value, now finally approved as a Viable, yet Enhancement
Enrichment Backup Plan; and
-- Company secures Funding to play "Hardball" with future and existing
potential Suitors primarily based upon the soaring yet sustainable Gold
Prices; and
-- Company confirms that no deal to be priced below an amount of US$0.003
per share of Common Stock, clearly demonstrating that the current Stock
Price at this time, reflects massive a undervaluation in its pricing;
and
-- Company revises its Gold Price Forecast from US$1,100/oz in 2009 to
US$1,300 in late 2010; and
-- All necessary deals now in place to immediately implement the possibly
required "Alternative Proposal" has now been approved by the
Stockholders, Board Members, Advisors, Creditors, Loan Note Holders,
Searchlight Exploration, LLC and the other very Significant Minority
stockholders in both "Bouse" and in "South Copperstone" Gold Mining
Interests on late Tuesday March 2, 2010; and
-- Management in a position to pledge the swift closure of these sales of
the Gold Interests; and now for the first time based upon a strong sound
financial security solely based upon last minute and crucial financial
support for the Company; and
-- Management clearly states that it is now in a position to "package" ITS
"Gold Assets:" and to achieve "Top Dollar" through pending sale or
failing which; through the proven and approved "Alternative Proposal").
1. The Bidder for the Company's interests in the "Bouse" and the "South
Copperstone" Gold Mining Interests has now been formally notified that
they have until 17h00 EST on Friday March 19, 2010 to complete upon the
transaction which now calls for the deposit of the full purchase price
of the Company's interests in its Gold Properties; these funds to be
placed in Escrow with the Company's Attorneys by no later than that date
and time, as aforesaid. This could crudely be referred to a "put up, or
shut up" notice. No further extensions of time will be granted
whatsoever or under any circumstances.
2. The Company' Management and its Advisors have expended significant time
and financial resources in and during the past two months upon a fairly
complex proposal (hereinafter referred to as "the alternative
proposal"); the purpose of which was designed to maximize and to
safeguard stockholder value in the event of your Company not being
prepared to the accept an immediate or unsatisfactory offer for its Gold
Interests. This alternative proposal was formally accepted on late
Tuesday March 2, 2010 by the Company's Management, it's Advisors,
Company Loan Note Holders, Searchlight Exploration, LLC and the
substantial minority stockholders in both the "Bouse" And "South
Copperstone" Gold Properties.
3. This implementation of this alternative proposal is now at an extremely
advanced stage and the Company is in a position to implement this
alternative proposal without any delays whatsoever; should this deadline
imposed upon the Bidder for the Company's Gold Interests; not be met in
terms of the aforementioned time deadline and upon the Company's terms
and conditions which are now inflexible and not negotiable whatsoever.
There are no legal, regulatory nor audit "Obstacles" in be overcome at
this juncture, in to over come in order to immediately temporarily
consummate upon and remove thus this temporary impasse..
4. Stockholders are advised that acceptance of this alternative proposal
could well result in an immediate bid for the Company without any
further or advance notice to stockholders. The Company's Management is
acutely aware of the alleged criminal activities of third parties who
actively and aggressively seek to cause irreparable to the Company, its
stockholders and its stock price. The implementation of the alternative
proposal failing which, the acceptance of the Purchase Offer will now
without doubt ensure significant financial losses to those who may have
acted in an unlawful activities in (a) the short selling or (b) The
Naked Short Selling in their trading in the shares of the Company's
Common Stock and/or (c) be or have been engaged in malicious, illegal,
defamatory or harmful activities on Internet Stock Chat Forums which
were planned, calculated, premeditated and designed to cause irreparable
financial harm to the Company, its Officers and its Stockholders . Their
actions have already caused severe but yet financially unquantified
damage to the Company, its Stock Price and to its Stockholders. The
Company in consultation with its stockholders may result in the bring
about of a suitable and just Lawsuit which will seek to redress and/or
obtain compensation from a Competent Court, these actions being
considered and based upon recent successful Civil Judgments being
awarded to Issuers under the same circumstances as the Company faces at
this time. We choose not to comment any further at this time as the now
proven illegal activities having being carried out by these influential
Internet Stock Chat Forums have resulted in admissions of guilt with
sentencing of their crimes to be determined.
5. The Company wishes to stress that this alternative proposal will only be
implemented should the Bidder for the Company's Gold Interests not meet
the imposed time deadline as aforesaid. Should the Bidder formally
advise the Company that it is unable to meet this deadline prior to the
aforesaid date and time; the alternative proposal will be accepted by
the Company and implemented without delay.
The Company's Management confirms and reiterates that as per its previous statements, it will not consider nor accept a bid for the Company's Gold Interests; that equates to a price of less than US$0.003 per share of the Company's Common Stock. We are not at this time prepared to elaborate any further on the pricing on these transactions; given the now very limited timing and extreme sensitivity of these negotiations. This will and may well change; and very rapidly in the event of our deciding to implement the alternative proposal.
The Company remains extremely positive on the outlook on the price of Gold and has now revised its outlook for mid to late 2010 to a sustainable and base price of US$1,300/oz in respect of the price of Gold which we have now upgraded from our 2009 outlook which was prudently based upon a price of US$1,100/oz. Based upon this expert and universally accepted outlook on the price of Gold for 2010, the Company is extremely confident that it is in a very strong position to only consider, negotiate and accept a sale of its Gold Interests upon the Company's self imposed, stated terms and conditions.
The Company's Management is now of the opinion that it is in an extremely strong negotiating position given the removal of previous financial constraints, the securing of the requisite funding to allow Management the flexibility to negotiate multiple offers for the Company's Gold interests and the given the desirability, demand and the inherent sought after demand and value of the Company's Gold interests.
The Company has secured the requisite funding required to implement this alternative proposal. All previous constraints placed upon the Company to dispose of its Gold interests upon what could possibly have been upon unacceptable terms; have now been removed. This has placed the Company is a strong and implacable position allowing Management to negotiate the best possible deal; with any such deal being upon the Company's terms and conditions.
The "Alternative Proposal" now secured and accepted by the Company has been effected with neither any suspensive nor actual conditions precedent, of whatsoever nature. The Company will now very aggressively and immediately act in order to secure and extract the promised long overdue value for its stockholders' and in respect of the sale of the Company's Gold Interests.
Stockholders are assured that the Company will now be releasing very detailed and constantly updated information on a very regular basis; as the Company's Management brings about the completion of the sale of its Gold interests within a very short period of time; and not the months of indecision and endless negotiations as has been be situation in which we have been placed, to date. This action will not preclude from the existing Bidder from resubmitting a revised Offer but will clearly allow, welcome and encourage a series of competing bids for the Company's Gold Interests. No longer will Management remain silent, we pledged "Transparency" to our stockholders; and these actions are a clear demonstration that we intend to honor that promise.
Further delays in this sale process are no longer deemed to be in the interest of our stockholders given the scramble for quality Gold Assets and the stable yet rising Gold Price. No longer will these delays will be accepted nor tolerated, by your Company's Management. The lack of information from your Company to date was correctly deemed to be necessary, fit and proper in order to safeguard the ongoing negotiations and more importantly, allowed the Company's Management and its Advisors the requisite time to study, refine, consult; thereby guaranteeing stockholders their position with the implementation of the alternative proposal as aforementioned, should the implementation of this proposal be deemed necessary in the absence of a binding and unconditional deal from the Bidder in the aforementioned timeframe.
Should be Company elect to accept to proceed with the "Alternative Proposal" as aforesaid. The Company guarantees that full and very detailed details of the value and scope of the Company's Gold Interests will be will be communicated to stockholders and all other interested parties; without any delays whatsoever.
Your Company's Management reiterates that your Company's shares of Common Stock remain tremendously undervalued, currently trading at a price of US$0.0001 per share of Common Stock; compared to an absolute guaranteed minimum buyout price of no less than US$0.003 per Common Stock; values our shares of Common Stock at a discount of no less than 1/30th of their absolute minimum value.
The planned and definite sale of these Assets is solely designed to unlock the true inherent underlying value of the Company's assets; to be coupled with a distribution in full of the net proceeds from this sale to our stockholders, this remains your Company's chosen route in the unlocking of maximum value for its stockholders.
The Company pledges to release many News Releases designed to advise our stockholders and other interested parties, as is necessary; in order to complete upon these transactions in the shortest period of time whilst ensuring that all stockholders and interested parties are provided the information that they require to make an informed investment decision.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually," "projected" or "guidelines." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in filings made by such company with the SEC.
Contact:
Fortress Financial Group, Inc.
Peter J Bezzano
Chairman
E Mail: investor@fortfinancegroup.com
Twitter: http://twitter.com/FFGO
Telephone: (954) 623-7409
Thursdays Watchlist - FFGO, CAGI, GMPM
CAGI again saw record volume and the stock languished to finish just barely green. Something continues to hold this stock back. If it is indeed shorting than this stock will see some significant buying the next few trading sessions.
GMPM was up over 100% on the news pasted below. Let's see if there is any follow through to today's rally.
LAS VEGAS, NV, Mar 03, 2010 (MARKETWIRE via COMTEX) -- Gamma Pharmaceuticals, Inc. (PINKSHEETS: GMPM): Gamma Pharmaceuticals, Inc. ("Gamma" or the "Company") announced that it has entered into a multi-year agreement (the "Agreement") with one of North America's leading wholesale distribution organizations to distribute the full line of Gamma products. The Agreement, which is evergreen in duration, provides for minimum monthly volume purchases of Gamma products at agreed upon pricing per SKU. The contracted terms cover the sale of 40,000 cases per month of Gamma's branded products, which at full distribution equates to an annualized value of approximately $48.0 million. Gamma's new distribution partner is one of the largest wholesale distributors of branded consumer products in North America, and is credited with the enormous commercial success of many leading consumer brands.
Peter Cunningham, Gamma's Chief Executive Officer, commented on the agreement, "We are extremely pleased to have successfully contracted with such an accomplished distributor. The distributor and its retail network share Gamma's view that our products have great commercial appeal. This guarantee arrangement takes Gamma from the pre-revenue, pre-EBITDA company it has been over the past two years to a company with approximately $48 million in minimum annualized revenues, and enables Gamma's management and shareholders to look forward with more certainty in anticipating our growth and profitability." Mr. Cunningham added, "Gamma now has in place a distribution platform that truly complements the Company's product portfolio. Gamma can now successfully extend its commercial reach to more effectively attract additional retail accounts that will drive revenues in the US market for years to come."
About Gamma Pharmaceuticals, Inc.
Gamma Pharmaceuticals, Inc. (www.gammapharma.com) is a marketing and product formulation company selling its own branded products through wholesalers and direct to retailers, both in the US and internationally. Gamma's core focus is the marketing and sale of vitamins and nutriceuticals, OTC pharmaceutical products and personal care products in the United States and Greater China. Branded nutritional supplements are sold under the trademarks Brilliant Choice(TM) children's nutritional supplements featuring the call to action "Mom you've made a brilliant choice for your children's nutrition;" SAVVY(TM) adult nutritional supplements featuring the call to action, "Be SAVVY Stay Healthy;" and, Jugular Energy Products(TM) and high performance supplements featuring the call to action, "Go for the Jugular(TM)." Gamma's customer focus is on selling products in the Lifestyle of Health & Sustainability ("LOHAS") marketplace and in the Energy Supplement Market. A series of innovative marketing programs supports Gamma's product sales and retail partners.
At present Gamma manufactures in North America, and distributes in the United States and China. Gamma's products utilize proprietary "Gel Delivery Technology(R)," to create innovative gel product forms; that are designed to give consumers a more pleasant experience. Gel Delivery Technology(R) characteristics include rapid absorption, convenience and taste great. Market categories Gamma targets are growing as rapidly as 60% per year. Gamma has developed formulas and strategies for Metabolic Syndrome and Diabetes Type II, Stress Reduction, Cognition, Well being, Menopause Symptoms, and Personal Care Products. Gamma also develops and manufactures house brands for major retailers. At this time, Gamma has a total of 36 SKUs and holds licenses for 9 SKUs in China.
Forward-Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this Press Release regarding any impact the quotation of the Company's stock has on the Pink Sheets or the lack thereof on the OTCBB, and any other effects of the above are forward-looking statements. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Contact:
Gamma Pharmaceuticals, Inc.
Joe Cunningham
CFO
(jcunningham@gammapharma.com)
Direct: (651) 204 2048
Office: (702) 989 5262