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Pennycents Daily Review - Covering Penny Stocks On the OTCBB
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01-16-2008
by Lester Young
Scottsdale, Arizona-based eFoodSafety.com, Inc. (OTCBB: EFSF), a company that has already built a substantial portfolio of nutritional and health-related products, has announced its entry into the fields of bio- and nanotechnology. The company’s aim is to improve global health conditions through its biotech efforts, and it has begun research on nano-particle constituents that can be used in nutraceutical and cosmeceutical applications, as well as in whole foods. Nanotechnology, which is the science of using extremely small particles of engineered matter (one nanometer is equal to 10-9 meter, or one one-billionth of a meter) ... Continue
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01-16-2008
by Priya Nigam
There is a terrific shortage of blood not only in the US, but across the globe. While the demand for blood rises, low donation rates are frequently resulting in surgeries being delayed. The blood shortage scenario is aggravated by the lack of the right blood type and with blood contamination due to the presence of diseases like HIV. Billions of dollars have already been spent to develop artificial blood, or blood substitutes. HemoBioTech Inc (HMBT: OTCBB) is a development stage biopharmaceutical company that is developing an artificial blood product called HemoTech™. It has obtained an exclusive worldwide license from Texas ... Continue
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01-15-2008
by Austin Matthews
As alternative energy continues to be a hot topic, the California Energy Commission had pre-certified four planned projects from World Waste Technologies Inc. (OTCBB: WDWT) as eligible renewable energy resources. The company’s process proposes to use biomass waste streams as a means of generating electricity, and meets guidelines of the state’s Renewable Portfolio Standard. First enacted in 2002, California’s RPS mandates an increase in the percentage of renewable retail sales by at least 1% per year to reach at least 20% by end of 2010. The legislation’s goal is renewable retail sales of 33% by ... Continue
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01-15-2008
by Dan Blacharski
While stock prices of the big domestic auto makers have been down, there’s been a quiet revolution going on in the global automotive industry. There is a growing interest in seeing less expensive and more energy-efficient cars, and there are a few small companies that are just now moving above the radar. Making the news this week was the India-based Tata Motors, which made good on chairman Ratan Tata’s earlier promise of a “one-lakh rupee” (one hundred thousand rupees, or about USD$2,500) automobile. Tata is a well-developed and mature company trading on ... Continue
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01-14-2008
by Brian Kline
Americans and in fact much of the world has become hot on environmentally green technology and solutions. Consumers might drive this demand but businesses must deliver it. So where will retailers and manufacturers find the green technology that consumers expect to slow down the destruction of the environment? A definite place to look is at entrepreneurial companies found on the OTCBB. Those poised to deliver this technology to other businesses are on the leading edge of emerging green technology. Some have been in business for several years while others are in the developmental stages. Entrepreneurs are stereotypically passionate about their ... Continue
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01-12-2008
by Lester Young
A breakthrough method of producing human embryonic stem cell lines has been announced by Advanced Cell Technology, Inc. (OTCBB: ACTC). Scheduled to be published January 10, 2008 in the industry journal Cell Stem Cell, the new technique, which has been replicated by independent scientists, has the potential to put to rest the ethical debate regarding the use of embryos for stem cell production. The controversy swirls around the fact that, using traditional methods, embryos are ultimately destroyed in the process of deriving human embryonic stem cell (hESC) lines, which lays open the ethical question of embryonic harvesting for the sole ... Continue
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01-12-2008
by Austin Matthews
China-based pharmaceutical company Benda Pharmaceutical Inc. (OTCBB: BPMA) has received government approval to market and distribute its new line of tablets, expanding the offerings of its base products to complement its featured Gendicine cancer medicine. The company expanded its Ebei plant, which houses the vast majority of its operations, as a means of adding five new production lines to a plant that had already posted a 55% year-over-year increase in revenue to $11.8 million for the first nine months of this year before the plant’s completion. In a press release Friday, the company said the ... Continue
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01-11-2008
by Dennis Fitter
They must be downing lots of their own brew in the board room to help keep going through a six week burst of activity at Growers Direct Coffee Company (OTCBB:GWDC). First was the November 21, 2007 change in name from Coffee Pacifica, then a week later Growers Direct began implementation of a board approved, management restructuring to be complete at the end of January. By mid-December came an announcement the first retail gourmet Café location, will open in Shanghai at the end of February. Meanwhile, the company is vigorously probing ways to better utilize the value of their ... Continue
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01-11-2008
by Dan Blacharski
Time was, real estate was the one investment you could always fall back on. It was a sure thing, always guaranteed to grow endlessly, and if you were investing in California real estate, grow at ridiculously high levels. Those days are gone, and speaking as someone who has just bought a home at below asking price, I’m honestly relieved. Real estate bubbles will eventually burst, and that is what is happening now. And although the results are a little hard to swallow if you’re on the selling end of the market right now, the positive for the population ... Continue
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01-10-2008
by Priya Nigam
Consumer spending is down, they say. The US economy is in the midst of a slowdown, I hear. Does that impact the nation’s demand for energy and fuel supplies? With crude oil prices hovering uncomfortably close to $100 per barrel, apparently not! Prices have been on an uptrend, with very little hope of cooling. Last Thursday, crude prices broke the $100 per barrel mark on concerns over US stockpiles and political tensions. The Department of Energy’s latest report showed a decline in US oil stockpiles for the eighth consecutive week, sending prices close to $96 per barrel in ... Continue
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01-10-2008
by Brian Kline
The New Hampshire primary delivered two different winners than the Iowa caucus along with a different set of economic policies. John McCain is clear about his positions on taxes, energy, foreign trade, and R&D. Hilary Clinton voices concerns about the housing crisis, energy, and complexities in stock markets. New Hampshire Primary Results John McCain (R) 37.0% Mitt Romney (R) 31.5% Mike Huckabee (R) 11.2% Hilary Clinton (D) 39.0% Barack Obama (D) 36.4% John Edwards (D) 16.9% McCain “There is no economic force on this globe that is stronger than free people. Entrepreneurs lie ... Continue
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01-09-2008
by Austin Matthews
Already a leader in the competitive iPod and iPhone accessory market through its Recharge-It-All product line, ZAP (OTCBB: ZAAP) is attempting to redirect attention to its alternative energy vehicle segment again, with a series of new vehicles on tap for release this year. The company, which in 2006 introduced its XEBRA electric car – which the company contends is the only production electric vehicle in the United States that can reach 40 mph – has several new offerings on tap this year, including a vehicle called OBVIO! that will run on a combination of ethanol and gasoline. So it stands ... Continue
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01-08-2008
by Dennis Fitter
Apart from dividends, there isn’t a whole lot of ways a company can return wealth to its shareholders. One commonly overlooked and, if the motivation is sound, attractive method is through a stock buy back or share repurchase. With the announcement of management plans to do just that, the price of shares in Integrated Management Information, Inc. (OTCBB: INMG) rose sharply from .10 to close at .16 Monday. The Colorado company, which provides verification and internet solutions for the livestock industry, has shown steady growth, solid financial performance, and a steady stream of innovative new product services. CEO John ... Continue
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01-08-2008
by Lester Young
Although probably not the most appropriate subject to banter back and forth about over the dinner table, the problem of overburdened or faulty waste and sewage systems is nevertheless a very real one. Most Americans undoubtedly aren't even aware of its significance; the Environmental Protection Agency estimates that as many as 75,000 separate sanitary system overflows occur yearly in the U.S., releasing anywhere from 3 to 10 billion gallons (yes, billion!) of potentially harmful waste material into streets, rivers, and even back into people's homes. And for combined sewer systems (which differ from separate systems in ... Continue
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01-08-2008
by Dan Blacharski
Gold jumped over $880 an ounce today, edging past the previous record high of $875, set in 1980. The high prices can be attributed to several converging factors, not the least of which is the weak dollar—which has caused more investors to look for a “safe haven” hedge for their investment dollars. Other factors contributing to today’s high include high prices for oil and other commodities. And lastly, political instability all around the world, most recently in Pakistan with the death of Benazir Bhutto, always makes investors a little nervous about the stock market, causing a shift towards ... Continue
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