OTCPicks.com Daily Market Movers Digest Midday Report for Monday, January 7th PRPL, FLIP, IDGJ
Dallas, TX 1/07/2008 04:56 PM GMT (TransWorldNews)
Our Stocks to Watch today include Park Place Energy (OTCBB: PRPL), FTS Group, Inc. (OTCBB: FLIP), IDGLOBAL (OTC: IDGJ)
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PARK PLACE ENERGY CORPORATION (OTCBB: PRPL)
"Up 34.92% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/PRPL.php
Park Place Energy is a high impact energy play corporation. Park Place Energy is currently focusing on developing its Canadian assets which include the recently announced major gas find in NE British Columbia Canada. Park Place utilizes its expertise in the oil and gas industry to enhance shareholder value and profitability by pursuing attractive opportunities in the international oil and gas industry. Using the appropriate financial resources and the latest technologies, Park Place Energy, through creative joint ventures and innovative partnerships, has a strategic five-year operating plan to optimize profitability and shareholder value.
January 7 - Completion of 14-5 Option Well Has Commenced
Park Place Energy (OTCBB: PRPL) announced that Terra Energy Corp. (TSX-V: TTR) of its Eight Mile North Field in Northeastern British Columbia, has informed the corporation that completion of the cased potential Doig gas well, Terra et al Tower 14-5-81-17 W6M well (the "14-5 Option Well") has commenced.
FTS GROUP INCORPORATED (OTCBB: FLIP)
"Up 15.38% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/FLIP.php
FTS Group, Inc., through its subsidiaries, engages in the retail distribution of next generation wireless communications and entertainment products and services for businesses and consumers in the United States. The company operates as a regional service provider and retail distributor of satellite television systems and services for DISH Networks. It installs satellite television systems sold by DISH networks, as well as markets, sells, and installs satellite systems for DISH Networks through its retail location in Indiana, Pennsylvania. The company also distributes wireless communications products, such as cell phones, PDAs, and related communication devices and accessories through a chain of retail locations to customers in the Gulf Coast region of Florida and nationally over the Internet. FTS Group has strategic partnerships with Metro PCS; and DISH Networks. The company was founded in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed its name to FTS Group, Inc. in 2004. FTS Group is based in Tampa, Florida.
January 7 - Elysium Internet Closes the Acquisition of Canada-Based Internet Media and Technology Company Dice Ventures, Inc.
Company Plans to Deploy Newly Acquired Technology Platform Over Its Portfolio of 2,000 to 2,500 Direct Navigation Internet Domains by February 1st
Elysium Internet, Inc. a profitable online media Company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), announced that it has completed its previously announced acquisition of Dice Ventures, Inc. Based in Ontario, Canada, Dice Ventures has developed a proprietary new technology platform that allows geo-based direct navigation Internet domains to be monetized using an efficient scaleable technology platform. The new platform should allow the Company to grow revenue quickly by serving up targeted ads under an agreement Dice Ventures already has in place with one of the world's leading Internet Media Companies.
Elysium Internet CEO Scott Gallagher commented, "We plan to deploy the new platform over our entire direct navigation domain portfolio of over 2,000 names by February 1st. This acquisition and the technology platform we've now acquired will help position our Company as an emerging leader in the direct navigation media space." Gallagher continued, "We'll continue to seek out additional large scale opportunities to acquire direct navigation domain names that further leverage our technology. We're currently in negotiations with several portfolio owners and hope to agree on a deal shortly. Our plans are to quickly build Elysium into a leading high growth player in the direct navigation media space."
Investors are invited to visit the FTS Group IR Hub at www.agoracom.com/ir/ftsgroup where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to FTS@agoracom.com where they can also request to be added to the investor e-mail list in order to receive all future press releases and updates in real time.
IDGLOBAL CORPORATION NEW (OTC: IDGJ)
"Up 40.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/IDGJ.php
IDGLOBAL provides a range of leading technologies specifically designed to provide private enterprise and governments 100% solutions to their Counterfeiting infections and Loss Prevention/Anti-Theft security programs. IDGLOBAL’s Nano-Molecular Markers/Tags™ are specifically designed for global anti-counterfeiting applications and its IDFORENSIX™ products provide Loss Prevention/Anti-Theft solutions for the annual $800 billion Anti-Counterfeiting and Loss Prevention markets. IDGLOBAL is a forward-looking company with a robust R&D program and product development and integration program for the purpose of providing next-generation Nano-based and leading-edge Anti-Counterfeiting products and Security solutions.
January 7 - IDGLOBAL Submits Its Application to the SEC for Listing on the OTC Bulletin Board
IDGLOBAL (OTC: IDGJ) confirmed that on the morning of December 28, 2007, its application was acknowledged and accepted by the U.S. Securities and Exchange Commission (SEC) for up-listing shares to the OTC:BB. IDGLOBAL’s legal counsel, Applbaum & Zouvas LLP, completed and submitted IDGLOBAL’s application to become a reporting issuer and management is encouraged and hopeful that its application will be accepted and approved in the very near future.
Daryl Regier, IDGLOBAL’s President and CEO, stated, “We have worked long and hard on putting in place the reporting infrastructure and accounting procedures that comply and ensure timely release and disclosure of all information on a quarterly and annual basis as required by a reporting issuer to shareholders. It is a critical milestone to migrate our listing to a level commensurate with the sophistication of our growing investor base. Successfully completing a listing on the OTC:BB is one of several key steps IDGLOBAL is pursuing to impress upon investors a new level of credibility and visibility of disclosure.”
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