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Wednesday, April 21, 2010 “Stock Pick” Update
News Announced Yesterday! eTec’s Don Karner to Discuss Future of Transportation at EDTA Capitol Hill Panel Again, we urge members to accumulate our most recent Green Baron “Stock Pick” ECOtality, Inc. (BB: ETLE) under $5 per share. We anticipate the Company’s recent filing to be added to the NASDAQ to be approved soon, and this is likely going to attract new investors and funds to the stock. Also, check out the press release issued yesterday below: The EV Project is the largest-ever deployment of electric vehicle infrastructure. This panel will hear of the latest progress, as well as discussion of the future of electric vehicles in the U.S. and worldwide. Phoenix (PRWEB) -- ECOtality, Inc.(OTCBB: ETLE), a leader in clean electric transportation and storage technologies, announced today that Don Karner, President and CEO of its wholly-owned subsidiary, eTec (Electric Transportation Engineering Corporation) will participate in a panel discussion of electric vehicles and advanced transportation in Washington, D.C. on Wednesday, April 21, 2010 at 1:30 p.m. The panel is part of the Electric Drive Transportation Association’s (EDTA) Capitol Hill Briefing entitled, “Electric Drive Turning Points: Changing a Century of Transportation in 10 Years.” Karner will present the latest information regarding The EV Project, the largest-ever rollout of electric vehicle infrastructure. In August 2009, ECOtality’s eTec was awarded a federal stimulus grant of nearly $100 million from the U.S. Department of Energy. The grant is funded through the American Recovery and Reinvestment Act (ARRA) with the goal of creating thousands of new jobs, preserving existing jobs, and jump-starting the economy. With a match from partners, The EV Project has a total value of more than $200 million, and will support electric vehicles with residential, commercial and public chargers in major markets in five states: Arizona (Phoenix & Tucson metropolitan areas), Washington (Seattle area), Oregon (Portland, Salem, Corvallis and Eugene), California (San Diego) and Tennessee (Knoxville, Chattanooga and Memphis). The EV Project has made significant progress since its debut; Karner’s presentation will give an overview as well as provide a roadmap for how this groundbreaking project will deploy over the next six months. The details are as follows: WHAT: Electric Drive Turning Points: Changing a Century of Transportation DATE: Wednesday, April 21, 2010 TIME: 1:30 – 3:30 p.m. Eastern LOCATION: Senate Dirksen Office Building, Constitution Avenue and 1st Street NE, Washington, D.C About ECOtality, Inc. ECOtality, Inc. (OTCBB: ETLE), headquartered in Tempe, Arizona, is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com. Forward-Looking Statements This release contains 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements. Company Contacts: Media: ECOtality Inc. Jeanine L'Ecuyer (480)219-5005 Investor Relations: Alliance Advisors for ECOtality Thomas Walsh (212)398-3486
“Stock Pick” Update
Galaxy Gaming, Inc. (OTCBB: GLXZ) Shareholder Letter and News Galaxy Gaming Acquires T & P Gaming's Table Game Business Acquisition Includes Popular "Deuces Wild" Game Members know by now that Galaxy Gaming (BB: GLXZ) remains one of our favorite stocks. The Company is methodically building its business through improved technology, new games, and acquisition. The other day, Galaxy acquired a fantastic game that could help drive revenues for years to come. The Green Baron Report continues to suggest that our members acquire any shares of GLXZ you can grab at .50 or under. Galaxy is going to be an exhibitor at the upcoming Las Vegas Money Show from May 10-13, and we believe this, among other venues, could attract significant awareness to a new investing audience. We have included a shareholder letter that was sent yesterday to further explain the press release that was issued on Monday. See Yahoo Finance link in the letter below to view the original press release in its entirety. April 20, 2010 – Dear Shareholders and Friends of Galaxy Gaming: Yesterday, we issued a press release regarding an acquisition we recently completed of the table game business of a long-standing competitor - T & P Gaming, Inc. The press release is included below or you can access it on line via Yahoo Finance. This correspondence is a part of our continuing commitment to keep our shareholders informed. This acquisition, structured as an asset purchase, is not a major event for Galaxy Gaming but is notably significant. Most notable is we obtained the rights to a great table game - "Deuces Wild." For those of you unfamiliar with this game, here is a little history... The game in casinos was officially known as "Deuces Wild Hold'em Fold'em Stud Poker." Quite a mouthful indeed, which is why it was simply shortened to Deuces Wild. First introduced into casinos about a decade ago, Deuces Wild could be found in approximately 40 casinos in Nevada, Mississippi and Indiana. For reasons unknown, T & P Gaming never sold the game outside of those jurisdictions. Then in 2005, Hurricane Katrina hit the Mississippi Gulf Coast and most of the Deuces Wild gaming tables were likely floating in the Gulf of Mexico. By that time, T & P Gaming was involved in other business ventures and never focused on rebuilding their base of games as the casinos were rebuilt. As a result, at the time of our acquisition Deuces Wild was found in only 8 casinos, primarily in Nevada. Prior to, but in anticipation of the closing of this acquisition, we modified and repackaged the game and included our Bonus Jackpot System. We also commenced pre-marketing and pre-sales efforts, which resulted in new orders from approximately 10 casinos. We expect these casinos to go live with our new version of Deuces Wild in the coming few weeks. We seek to place many more in jurisdictions all across North America. We previously indicated our intention to grow our company organically and not rely upon acquisitions as a component of our future growth strategy. That direction is still in place, but we will entertain making acquisitions when our analysis reveals that it makes great business sense, as we believe this acquisition did. Thank you all for your continued interest in Galaxy Gaming. Warmest regards,
Robert
B. Saucier |
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