General Metals Corporation (OTCBB: GNLM)
General Metals Corporation (OTCBB: GNLM) – Thursday’s shares closed down 2.86% to $0.17. 140,533 shares were traded. General Metals Corporation announced on March 28th that discussions with potential equity funding groups for Phase 1 financing has commenced, although no definitive terms have been agreed to at this time. The Company is working towards completion of Phase 1, up to $2,000,000, by April 30, 2007, our year end. The proceeds will be used to drill the Independence surface and shallow target and the North surface target, which collectively are estimated to contain 235,000 ounces of gold and 2,500,000 ounces of silver. Some of the proceeds will be used to continue the permitting process for the proposed cyanide heap leach program designed to process the above gold and silver from an open pit operation.
General Metals Corporation is a junior mineral resource exploration company engaged in the acquisition, mining and exploration of gold, silver and other precious metal properties. It controls 100% of the Wilson-Independence mine, which sits as an island in Newmont Mining Corporation’s Phoenix mine in Battle Mountain- Cortez gold belt of Northern, Nevada. The Phoenix mine property has 8.5 million ounces of gold and 660 million pounds of copper in reserves. Newmont is currently spending in excess of $3.0 billion to develop this mine into the largest operating gold mine in the United States.
Lotus Pharmaceuticals, Inc. (OTCBB: LTUS)
Lotus Pharmaceuticals, Inc. (OTCBB: LTUS) – Thursday’s shares stayed even at $1.55. No shares were traded. Lotus Pharmaceuticals released an exchange between its CEO Dr. Liu Zhongyi and a Wall Street financial advisor, describing the Company’s goal to rank among China’s top pharmaceutical companies with annual revenues exceeding $100 million. The discussion followed Lotus’s obtaining initial financing of $3 million on February 12, 2007, and the program has already attracted more interest from U.S. funds that could enable Lotus to expand through acquisition and its well-performing R&D program. “To summarize our post-acquisition profile, Lotus could have near-term revenues of about $142 million, with a 10% profit margin. More importantly, it would put Lotus on the fast track to leverage on the synergy of the companies. And we conservatively forecast 20% growth in revenue for the coming years, with an average margin of about 12-15% after acquisitions. This would place Lotus amongst the top 100 pharmaceutical companies in China,” Dr. Liu concluded.
Lotus Pharmaceuticals, Inc. is an emerging Chinese leader in offering medicines to ensure well-being, cure disease and improve quality of life. The company’s goal is to discover, develop and successfully market innovative products to help people globally, to help patients manage afflictions and to enhance the quality of life. Lotus continues to discover, develop and successfully market innovative products to help people globally, to help patients manage afflictions and to enhance the quality of life. Lotus has a unique positioning amongst major pharmaceutical companies in China, as it resides in a small class of leadership in both patented and generic pharmaceuticals.
KAL Energy Inc. (OTCBB: KALG)
KAL Energy Inc. (OTCBB: KALG) – Thursday’s shares decreased 2.69% to $0.905. 52,000 was the volume. KAL Energy, Inc. introduced three key members of the team responsible for the ongoing coal exploration program currently being conducted in KAL Energy’s concessions in North Eastern Kalimantan, Indonesia. Jonathan O’Dell (56) is our British educated Senior Consulting Geologist who has already been heading up the on-site exploration team in Kalimantan for almost a year. Mark Sinton (48) is our Operations Manager for the project. He has extensive opencast coal mining experience: in his last job he managed a large part of the mining operations at Kaltim Prima Coal (KPC) in Kalimantan. Pat Carroll (67) is our in-country General manger who brings a wealth of local and exploration experience to the project. “We are extremely happy with the caliber of our highly experienced exploration and production professionals that have been assembled to implement our work program,” stated Cameron Reynolds, KAL Energy’s CEO. The work program includes over 5700m of deep drilling, with 57 holes planned at depths ranging from 50m to over 200m. A further 40 shallow holes, under 10m, have been drilled to confirm the known surface coal out cropping.
KAL Energy Inc., through its wholly owned subsidiary Thatcher Mining Pte., has the rights to two coal concessions situated near the Mahakam River in North Eastern Kalimantan, Indonesia. This river is a main transportation system for transporting coal to nearby markets. Consulting Geologist, Jonathan O’Dell, has estimated that blocks 16 & 24 could contain over 192,000,000 tons of thermal coal. Today Indonesia is the leading exporter of thermal coal and export prices vary from $30.00 to $60.00 plus per ton. This region has been an active coal exporter since the 1990s, and in 2004 Indonesia passed Australia as the largest exporter of thermal coal. Governmental signing was achieved on Sep. 14th, 2006. Title & Ownership structure has been extensively reviewed by HHP, the in-country affiliate of Baker & McKenzie International.
B2Digital, Inc. (OTCBB: BTOD)
B2Digital, Inc. (OTCBB: BTOD) – Thursday’s shares went up 4.17% to $0.25. 84,640 shares were traded. B2 Digital announced on March 19th its purchase of five cable franchises from Eagle West Communications, Inc., an Arizona-based cable service provider. “The acquisition of these franchises fits squarely into our global strategy of advancing our digital technology and IPTV services into the cable television market,” stated B2Digital’s Vice President and Chief Operating Officer, Paul LaBarre. “The franchises provide us with a strong existing customer passing of over 10,000 residential homes and allows us to cost effectively deliver our digital services to these customers. By utilizing the revolutionary Challenger DTTS-7000 Digital Cable Transmission System which delivers digital DVD quality content and IPTV through the existing network, we can offer a greater variety and higher quality of digital entertainment services at lower costs to the user, instantly increasing the customer base and revenue generation models.”
B2Digital, Inc. is a provider of in-room, on-demand video entertainment and satellite services to the domestic lodging industry. B2Digital has a base of approximately 8,000 installed rooms, which consist of contract rights of Hotel Movie Networks with Pay Per View and Cable/ Satellite access, and associated hardware and peripherals. B2Digital primarily provides its services under long-term contracts. B2Digital’s platforms provide for in-room viewing of select cable channels (such as HBO, ESPN and CNN and other interactive and information services, plus high-speed Internet access.
The Tracking Corporation (OTC: MIOK)
The Tracking Corporation (OTC: MIOK) – Thursday’s shares increased 4.00% to $0.26. The volume was 73,978. The Tracking Corporation has expanded their team with the addition of a new controller. His efforts will focus on human resources, payroll, tax reporting and improving client relations through accounts receivable and accounts payable processes. A main goal shared by both parties is the implementation of new policies and procedures regarding budgets, monthly forecasting, hiring and corporate growth projection. Michael Roberts has experience from over a decade of dedication as controller at Business Bank of Nevada, Las Vegas, Nevada; Barton Enterprises, Inc., Dallas, Texas; and Delivery Limited, Inc., Dallas, Texas. Roberts will be instrumental in implementing systems and procedures to ensure compliance with Sarbanes-Oxley. This act includes provisions addressing audits, financial reporting and disclosure, conflicts of interest and corporate governance at public companies. Another integral function performed by Roberts will be the reporting requirements of the Securities and Exchange Commission.’
MicroTRAK GPS, an operating subsidiary of The Tracking Corporation (OTC: MIOK), is a Dallas-based total-solutions provider, with ventures in the asset tracking and vehicle recovery markets. MicroTRAK GPS functions as a multi-faceted corporation focusing on a turn-key approach. This level of dedication provides them with expertise in developing, designing, providing, manufacturing, distributing and servicing GPS technology and products.
Franklin Mining, Inc. (OTC: FMNJ)
Franklin Mining, Inc. (OTC: FMNJ) – Thursday’s shares stayed even at $0.026. 2,116,946 was the volume. Franklin Mining President, Jaime Melgarejo, Jr., reported on March 29th that he feels his company is finishing First Quarter 2007 in exceptionally good shape, well positioned to bring several projects to an operational status. The company recently completed negotiations for additional operating capital. Multiple contracts and operating agreements are in place, ready to begin cash-flowing. Project funding necessary to launch construction and development of larger, long-term projects has been identified and is being finalized.
Franklin Mining, Inc. (OTC: FMNJ) is engaged in the exploration, development and mining of precious and nonferrous metals, including gold, silver, lead, copper and zinc. The company has a long history that originates with the original Franklin Mines in Colorado back in the 1800s. Franklin Mining. Inc was formerly WCM Capitol, a Delaware Corporation. In 2003 a new board of directors was elected and this new board changed the name to Franklin to reflect the history of the Franklin Mines. Since 2003 the company’s management has been active in trying to grow the company and expand the companies opportunities. In 2004 Franklin Mining, Bolivia was formed in order to start operations as well as build a presence in Bolivia. In 2004 a division was opened named Franklin Oil & Gas. This division was formed to pursue Oil opportunities in Greneda and to pursue Gas Opportunities in Bolivia. In 2006 Franklin Oil & Gas, Bolivia was formed.
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StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. GNLM Disclosure: Pentony Enterprises LLC was compensated 75,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises holds thirty thousand shares. LTUS Disclosure: Pentony Enterprises LLC was compensated $10,000 directly from the company for profile coverage. KALG Disclosure: Pentony Enterprises LLC was compensated 30,000 free trading shares from a non controlling third party for profile coverage. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this.Pentony Enterprises holds five thousand eight hundred shares. BTOD Disclosure: Pentony Enterprises LLC was compensated $13,000 from a non-controlling third party for profile coverage. FMNJ Disclosure: Pentony Enterprises LLC has been compensated a total of five million two hundred sixty five thousand free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds one million free trading shares. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.