Thursday, February 11, 2010
First New Green Baron “Stock Pick” for 2010 Coming on Wednesday, February 17
The Green Baron Report is very excited about our first new “Stock Pick” for 2010 to be released after the close of trading this coming Wednesday, February 17. This will be our 84th “Stock Pick” since inception. This “Stock Pick” is a strong earnings play with a solid book value and trades at about $5.00 per share. It should explode higher in the days after our pick is made public so be ready!
If you recall on November 30, 2009, we initiated coverage of Worldwide Energy and Manufacturing (BB: WEMU) at $4.70 as a Green Baron “Stock Alert” and it subsequently went to $7.22 per share in about 45 days. This represented a move of over 53%, and we have included news issued today later in this Green Baron update. We believe our new “Stock Pick” will surpass these percentage gains and in a much shorter period of time. Mark your calendars now!
“Trading Alert” CrowdGather (CRWG) Rallies 79% since introduction January 19 - Congratulations to all that bought and traded recent “Trading Alert” CrowdGather (BB: CRWG). We introduced CRWG on Tuesday, January 19 at $1.30 per share and earlier today it hit a high of $2.33, a move of 79% in just a little over three weeks!
“Trading Alert” Calendar – Even though Monday, February 15 is a holiday, we will release information about a “Trading Alert”. We also have scheduled to release a new or updated “Trading Alert” before the open on Wednesday, February 17. Again, our new Green Baron “Stock Pick” will be released after the close of trading on the 17th.
“Stock Alert” Update
Worldwide Energy and Manufacturing
(BB: WEMU)
News Announced Today!
Worldwide Energy and Manufacturing USA Completes Its Financing and Raises a Total of $8.87 Million
Projects Double-Digit Earnings and Revenue Growth Throughout 2010
Green Baron “Stock Alert” Worldwide Energy and Manufacturing issued another press release today that we would like members to review. Regarding the stock, we believe the pullback in the wake of its financing to be over, and the stock looks like a tremendous value below $5.00. We issued our original alert at $4.70 per share and it rallied all the way to $7.22 in about 45 days. Now, members have a second chance to pick up the stock at our alert price.
Feb 11, 2010 12:52:00 PM EST
SOUTH SAN FRANCISCO, CA and SHANGHAI - (MARKET WIRE) - Worldwide Energy and Manufacturing USA, Inc. (OTCBB: WEMU) ("Worldwide" or the "Company"), a manufacturer of solar modules, today announced the completion of the second phase of its financing by raising $869,307 in which the Company sold 193,179 shares of its common stock and warrants to purchase 193,179 shares of common stock. The Company closed on the first phase of the capital raise on January 26, 2010 in which it sold $8,000,000 worth of common stock and warrants upon the same terms for a total raise of $8,869,307. Upon closing of the transaction, the Company has 5,642,567 shares of common stock issued.
Additionally, the Company, entered into a share escrow agreement whereby it will place an additional 193,179 shares of Worldwide's common stock into escrow, to be distributed to the investors on a pro-rata basis, if the Company does not achieve $4,000,000 in EBITDA, as adjusted, for the fiscal year ended 2010. In connection with the first phase of the financing, the Company, along with certain insiders, agreed to place an aggregate of 1,777,777 into escrow, to be distributed pursuant to the same terms.
Worldwide will deploy the capital to fund its rapidly growing solar division. The Company announced in January that it had an open backlog for 2010 of $58 million of solar module contracts.
Worldwide will also purchase equipment for a soon-to-be completed PV module factory in Nantong, China, which will initially have a 100MW capacity, which translates into a revenue capacity of almost $200 million at current market prices. Inclusive of fourth-quarter results, which will be filed on Form 10-K by March 31st, the Company expects to show revenue growth of over 30% in 2009 and net income growth of more than 65%. Worldwide's patented solar module technology with its advanced structural properties and high-efficiency ratings has generated strong sales growth in seven countries in Europe as well as Japan, South Korea, Canada and Australia. The Company expects continued double-digit revenue and earnings growth in 2010.
Chief Executive Officer Jimmy Wang stated: "This institutional financing gives us the capital to continue the expansion of our solar division. Worldwide's vision of becoming a world leader in the production and distribution of solar modules is becoming a reality. The demand for our solar modules is growing rapidly. Our technology is innovative and our production and delivery capacity is second-to-none.
Details of the transaction are provided in the Company's 8-K filed with the Securities and Exchange Commission on February 9, 2010.
About Worldwide Energy and Manufacturing USA, Inc.
Worldwide Energy and Manufacturing USA, Inc., headquartered in South San Francisco, California, is a profitable 16-year-old engineering-oriented firm specializing in photovoltaic (PV) panel, mechanical, electronics and fiber optic products manufacturing. The company's worldwide customer base includes the industries of solar energy, wireless telecommunications, aerospace, automobile and medical equipment. Subsidiaries include Shanghai Intech Electro Mechanical Products Co. Ltd., Shanghai Intech Electronics Manufacturing Co. Ltd. and Shanghai Intech Precision Mechanical Products Manufacturing Co. Ltd., located in Shanghai, China.
Forward-looking statements:
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.
Contact:
At the company:
Worldwide Energy and Manufacturing USA, Inc.
Jimmy Wang
650-794-9888, Ext. 221
Investor relations:
Dave Gentry
RedChip Companies, Inc.
1-800-733-2447, Ext. 104
“Stock Pick” Update
(BB: CAEH)
News Released Yesterday
Caleco Pharma Corp. Announces Entry Into Share Purchase Agreement with Natac Biotech S.L.
CAEH issued another press release after the close of trading yesterday. Again, we believe things are heating up again at Caleco and would suggest you get CAEH on your radar. Our original profile price was .18 per share, but we believe you can pay a little more now.
Feb 10, 2010 4:15:00 PM EST
BELLINGHAM, WASHINGTON--(Marketwire) - Caleco Pharma Corp. (the "Company") (OTCBB:CAEH)(FRANKFURT:T3R)(WKN:A0N9Y0) (www.calecopharmacorp.com) is pleased to announce that it has entered into a share purchase agreement (the "Share Purchase Agreement") with Natac Biotech S.L. ("Natac"), a Spanish biotechnology corporation engaged in the research and development of health related products, and the principal stockholders of Natac (the "Principal Stockholders"). Under the terms of the Share Purchase Agreement, the Company has agreed to acquire eighteen percent (18%) of the share capital of Natac from the Principal Stockholders (the "Natac Shares"). In consideration of the Natac Shares, the Company has agreed to issue an aggregate of 4,300,000 shares of its common stock to the Principal Stockholders.
The closing of the Share Purchase Agreement is expected to occur on or before March 19, 2010 and is subject to a number of customary conditions, including:
(a) the closing of a research and licensing agreement whereby the Company will acquire an exclusive license to certain probiotic strains for the countries located in North and South America;
(b) the closing of an exclusive licensing agreement whereby the Company will acquire an exclusive license to certain health related products for the countries located in North and South America; and
(c) the closing of a lab facilities and services agreement whereby Natac shall provide certain services and laboratory access to the Company.
Following closing of the Share Purchase Agreement, Natac has agreed to appoint a nominee of the Company to the Board of Directors of Natac. In addition, the Company has also agreed to appoint a nominee of Natac to its Board of Directors.
About Natac Biotech S.L.
Natac is a start-up Spanish biotechnology corporation engaged in the research and development of health related products. Natac has recently formed a strategic alliance with the Universidad Autonoma de Madrid in order to enhance its research and development of health related products. The strategic alliance will be carried out through a spin off into a separate Spanish corporation called "Natac Research S.L.", of which Natac owns forty-seven percent (47%) of the share capital, the University owns six percent (6%) of the share capital and various professors and lecturers of the University own the balance of the issued share capital. Through Natac Research S.L., Natac will have access to the over 1,200 square meters of laboratory facilities and a pilot plant with advanced scientific equipment in order to conduct its research and development of various health related products.
About Caleco Pharma Corp.
Caleco Pharma is focused on the ongoing research and development of its broad pipeline of over-the-counter and prescription medications including its proprietary "Liver Health Formula" technology designed to treat moderate to severe liver maladies, including Hepatitis C viral infection. In addition Caleco Pharma is developing Food Supplements and over-the-counter Dermatological Products based on the active ingredients found in the Liver Health Formula. To date, Caleco Pharma's intellectual property covering the Liver Health Formula comprises of patent applications in the United States, Europe and Canada and four European Drug Master File applications.
Caleco Pharma's shares are traded in the United States on the OTC Bulletin Board (OTCBB:CAEH) and in Germany on the Frankfurt Stock Exchange (FRANKFURT:T3R)(WKN:A0N9Y0).
This press release may contain, in addition to historic information, forward-looking statements. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular, there are no assurances that: (i) the United States Patents and Trademarks Office will grant Caleco Pharma a patent in connection with its current patent applications; (ii) Caleco Pharma will be able to manufacture and produce its products or that its products will be effective; or (iii) it will be able to carry out any pre-clinical or clinical trials of its products. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Caleco Pharma Corp.
John Boschert
(360) 306-1133
BlueWater Advisory Group - Investor Relations
Bryan Crane
Managing Director
(805) 426-5090
“Stock Pick” Update
Vision Industries (BB: VIIC)
News Released Today
Vision Industries Joins Congressman Levin in Support of Heavy-Duty Truck Federal Tax Credit Combined with Other Incentives
Credit Could Make Hybrids Cheaper Than Standard Fuel Trucks
Vision Industries (BB: VIIC) remains one of our favorite stocks right now due to its ridiculous low price in light of its potential. We strongly urge members to check out this company again. We understand that VIIC continues to trade light, but that could change any day. The stock is a true value. Do your research on this company and we believe you will agree.
Feb 11, 2010 8:30:00 AM EST
LOS ANGELES, Feb. 11 /PRNewswire-FirstCall/ -- Vision Industries Corp. (OTC Bulletin Board: VIIC), producer of the zero emission electric/hydrogen hybrid Tyrano™ truck, is pleased to announce that it has joined a list of companies that includes Coca Cola, Anheuser Busch, FedEx, Frito-Lay, PepsiCo and Mack trucks in lending its support and endorsement of an amendment to the Internal Revenue Code, H.R. 3367 which would significantly aid in the introduction of trucks such as the Tyrano. The amendment, which was introduced by Congressman Sandy Levin of Michigan, is intended to extend and enhance the Heavy Duty Hybrid Tax Credit which expired on December 31, 2009 (and will be retroactive for 2009-2010).
If enacted, H.R. 3367 will provide a tax credit ranging from $15,000 to $100,000 based on the gross vehicle weight rating and fuel economy. Vision Motor Corp believes the bill provides the added economic incentive that will help drive and speed the commercialization of its proprietary hybrid vehicle technologies which are currently being tested or used in the Southern California heavy duty truck market.
The following illustrates the proposed benefits of this and other incentives for the purchasers of Vision's hybrid zero emission trucks:
· Based on Vision Motor Corp's gross vehicle weight rating of over 33,000 pounds (80,000 pounds) and zero fossil fuel consumed, Vision believes it's trucks will qualify for the full $100,000 tax credit
· Combined with the California Hybrid Truck and Bus Voucher Incentive Program (HVIP) of up to $45,000 (for which the company is currently applying), the total federal tax credit and state voucher funds could total $145,000.
· In essence, if both discounts are applied, a buyer would be purchasing Vision's hybrid zero emission vehicles in line with or at slightly lower cost than a new compliant 2010 diesel motor truck. And the operator would of course enjoy the economic benefits of the vehicle's superior fuel efficiency for the life of the vehicle.
Growing demand for hybrid trucks has been historically hampered by high prices due mainly to the current low production volumes of hybrid systems. High prices continue to be a barrier for market adoption by fleet owners. Vision Motor and the other industry supporters of the bill believe that the incentives contained in H.R. 3367 will spark heavy-duty hybrid truck sales by reducing the incremental cost of this lower emission, more fuel efficient - and in Vision Motor Corp's case - zero emission vehicles.
In a letter dated August 6, 2009 and sent to Congressman Levin by members of CALSTART and the Hybrid Truck Users Forum, they stated that the bill's "tax assistance will help kick-start annual production volumes from today's roughly 1,300 vehicles to 10,000 vehicles over the next 5 years."
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
CONTACT:
Rudy Tapia, +1-310-454-5658, ext. 203
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