ELEV, HFBG, ABHI, VNGM, CSRH, IDVC OTCPicks.com Stocks to Watch for Thursday, May 31st
Our Stocks to
Watch today include IElevate Inc. (OTCBB: ELEV), Hall of Fame Beverages Inc.
(OTC: HFBG), AmbiCom Holdings Inc. (OTCQB: ABHI), Vanguard Minerals Corp. (OTCBB:
VNGM), Consorteum Holdings Inc. (OTC: CSRH) and Infrastructure Developments
Corp. (OTCBB: IDVC).
INCORPORATED (OTCBB: ELEV)
Detailed Quote: http://www.otcpicks.com/quotes/ELEV.php
provides data, voice, video, mobile and security solutions in 22 major markets
through a network of independent Certifiable Geniuses.
May 30 - Elevate
Grows Sales With Successful Launch
(OTCBB: ELEV) reported a 42% growth in daily sales volume for the two weeks
following the May 15th launch of its 2012 door program. The company also posted
a record sales week, beating the previous week (in November of 2011) by 23%.
recruiting and training direct sales representatives throughout the western
United States for the past four months in preparation for May's launch,"
said Wright Thurston, Elevate CEO. "It's inspiring to see such positive
results so quickly. It's also amazing to realize that our new reps broke a
company sales record after only a few days in their new areas."
maintains a year-round, consultative sales force called the Certifiable Genius
network. In addition to building and servicing their individual books of business,
Certifiable Geniuses recruit and train new sales professionals through the
Elevate door to door sales program.
Elevate head of recruiting explains, "Candidates who participate in our
Door Program relocate for up to six months to participate in comprehensive
sales and management training. The intense nature of the program allows us to
identify promising Genius candidates while quickly and efficiently generating
represents the official commencement of the Elevate Door Program, and the
culmination of years of development and planning. Through the Door Program and
other initiatives, Elevate plans to recruit and train thousands of Certifiable
Geniuses over the next two years.
data, voice, video, mobile and security solutions in 22 major markets through a
network of independent Certifiable Geniuses.
HALL OF FAME
BEVERAGES INCORPORATED (OTC: HFBG)
Detailed Quote: http://www.otcpicks.com/quotes/HFBG.php
Hall of Fame
Beverages, Inc. is an innovative new lifestyle company dedicated to building
long-term success both through the creation of a unique and recognizable brand
name, and through the integration of commercial success with social awareness.
Convinced that "success" in business has long been too narrowly
defined, Hall of Fame Beverages was founded by a group of visionary beverage
industry executives who shared a common goal of leveraging the power of
commerce in a way that was consistent with their desire to foster greater
inclusion in the business world. The team of seasoned industry executives have
set out to become one of the leaders in the beverage industry through
developing, distributing and marketing their signature product lines.
May 16 - Hall of
Fame Beverages Announces Product Placement & Corporate Direction
Hall of Fame
Beverages Inc. (OTC: HFBG) has placed more of its products, Grand Ma Ma's Sweet
Southern Tea & Top Dogg Male Enhancement, in the Northeast and around
Tea product was placed in 36 new locations around the Northeast US; including,
Hartford, Fairfield and Manchester, Connecticut, Jersey City and Freehold, New
Jersey, and in Astoria, Maspeth, Brentwood, Long Island City, Jackson Heights,
and Ozone Park, New York. There were also a number of reorders for stores in
Baltimore, Maryland, and throughout New York State and New York City.
Top Dogg Male
Enhancement has been placed in 65 new locations around Southern California;
including, a number of select 7-Eleven locations, Mobil, 76, AM/PM, Chevron and
Shell Gas Stations, and in a number of liquor stores and local mom and pop
The reaction to
Top Dogg, both online and in stores, has been fantastic, and the Company is
continuing to get lots of requests to carry the product. Hall of Fame continues
to work aggressively to place and market Top Dogg in many different types of
contracted to mail out more than 1-million advertisements to draw customers to
shop for Top Dogg online.
The Company is
strongly focusing on the male enhancement because of the revenues it can
generate versus Hall of Fame's beverages. A bottle of Top Dogg is selling for
$19.95/bottle online, a single capsule packet sells for $5.95 online and in
stores, the single capsule packet sells for $5.99-$7.99.
management has sold, marketed, produced and packaged Top Dogg Male Enhancement
and laid the groundwork for the success Hall of Fame is now seeing with the
placement of the product. It is this same infrastructure and planning that will
now be applied to the Company's beverages.
at Hall of Fame have taken a long look into every aspect of the Company over
the last two months, and they have decided to make some key changes in the
business model to bring shareholder's more value sooner.
The Company will
spend the rest of 2012 building an infrastructure for the success of the
beverages. Instead of producing and trying to place beverages during or after
"beverage season," Hall of Fame will aggressively sell and market the
Company's beverages for the remainder of 2012, and it will be ready to compete
during the 2013 "beverage season."
This is the
approach Hall of Fame should have taken from day one with its beverages. Sales,
production, distribution and marketing will be thoroughly planned and each
produced bottle will have a home prior to production. After building the
infrastructure and generating production and distribution revenues for the beverages
from other products, Hall of Fame will approach beverage season 2013 from a
position of strength for the first time in company history.
The remainder of
the produced Grand Ma Ma's Sweet Southern Tea will be distributed throughout
the Northeast with our master distributor in that region.
In addition to
laying the infrastructure for beverage season 2013, next week the Company will
be announcing an aggressive new plan to market Larry Johnson and his link to
the Sweet Tea now that he's back working in the NBA. Also, Alex Johnson, the
Company's Chief Financial Officer will be announcing some new aggressive
funding plans that the Company will take advantage of to further its beverage
INCORPORATED (OTC: ABHI)
Detailed Quote: http://www.otcpicks.com/quotes/ABHI.php
headquartered in Milpitas, California, and is a leading designer and developer
of wireless products focusing on the wireless medical industry. The Company's
wireless modules and devices are based on the Company's innovative application
software for both WiFi and Bluetooth technologies. AmbiCom is committed to
wireless design and development of software and hardware, and to bringing new
and innovative products to the wireless medical markets and other sectors.
AmbiCom also serves as a distributor for innovative healthcare products both in
the US and abroad. The Company plans to grow organically, and to augment that
growth by selectively acquiring complementary products and technologies via
acquisition opportunities deemed to be of strategic value.
May 30 - AmbiCom
Announces $1.3 Million Order for WiFi Cards to Be Used for Major Manufacturer's
Inc. (OTC: ABHI), a leading designer and developer of wireless products for the
medical industry and a distributor of innovative healthcare products, today
announced that it has received a $1.3 million order from one of its major
medical device customers, for AmbiCom WiFi cards to be used in the manufacture
of this healthcare company's hospital grade glucose meters. The order is
expected to be shipped to the customer by the end of July.
transmission of medical data is an area that continues to grow both in the
United States and internationally. AmbiCom has been a supplier of WiFi cards
for this segment of the market for the past six years. This order, in addition
to several other potential orders the company is developing, are expected to bring
about a turnaround for the company's business going forward.
MINERALS CORPORATION (OTCBB: VNGM)
Detailed Quote: http://www.otcpicks.com/quotes/VNGM.php
Minerals Corporation operates as a development stage mineral exploration
company. It intends to acquire an undivided 50% right, title, and interest in
certain mineral claims in the Athabasca region, Canada. The company is based in
San Diego, California.
No recent news
for Vanguard Minerals Corp. (OTCBB: VNGM).
HOLDINGS INCORPORATED (OTCBB: CSRH)
Detailed Quote: http://www.otcpicks.com/quotes/CSRH.php
Holdings Inc. will build on its extensive expertise within the Payments and
Transaction Industry in North America, Europe and Internationally. By
identifying new technologies and trends in the changing global marketplace,
Consorteum Holdings Inc. aims to increase revenues in existing markets, enter
new markets, and deliver unique products and services more effectively and
efficiently. Consorteum Holdings Inc. has built its reputation with one goal,
“For our customers to look at us as partners, not just a technology provider.”
No recent news
for Consorteum Holdings, Inc. (OTC: CSRH).
DEVELOPMENTS CORPORATION (OTCBB: IDVC)
Detailed Quote: http://www.otcpicks.com/quotes/IDVC.php
Developments Corp. operates as an engineering and construction services company
in the Middle East, East Asia, and Oceania. It primarily focuses on small to
mid-sized government contracts and subcontracts. The company also involves in
the construction of private residential properties. In addition, it distributes
various types of portable prefabricated structures for use as residence and
offices space on project sites, as well as for disaster relief situations and
other environments requiring the deployment of low-cost housing. The company is
based in Herndon, Virginia.
May 29 -
Infrastructure Developments Corp. Issues Corporate and Shareholder Update
Developments Corp. (OTCBB: IDVC) (the "Company") wishes to clarify
certain considerations regarding the public market for its common stock and
recent business development activities.
Over the past
fifteen months the Company borrowed $214,000 from an investment firm to finance
the startup of its U.S. Navy "Lido" project in Indonesia as well as
for general corporate expenses. The Company borrowed the funds on terms that
included a conversion option at a discount to the trading price in the market.
The subsequent conversion of the debt to stock, and the apparent liquidation of
stock in the market, resulted in a significant increase in IDVC's public float
which increase may have resulted in the drop in IDVC's stock price over the
past ten months.
$2,000, all convertible debt that is currently entitled to conversion has been
converted to stock as of today's date. The Company plans to repay the remaining
balance of $39,000 that will become convertible beginning in September 2012
prior to any such conversion.
losses from the Lido project - due to disputes with local subcontractors and
the subsequent termination of the project - resulted in its inability to repay
the previous convertible debt. As detailed in the Company's quarterly and
annual reports, its Asian region U.S. military contracting operations division
has been suspended due to low margins, heavy competition, and lack of funding
to advance start up cash for larger projects.
As also reported
in the Company s annual and quarterly reports, it has written off all losses
from its quarry operation in the United Arab Emirates, converted nearly all
outstanding debt to equity, and has now stabilized its financial situation. The
Company is in position now to grow it new businesses with a clean balance sheet
and reduced operating losses.
"Due to the
previous economic downturn, increased competition in our target markets, and
military funding reorganization, we were not as successful in procuring
government contracts in the past year," stated the Company's 's CEO Thomas
R. Morgan. "However, with the diversification of our business model into
the clean energy arena, coupled with the realignment of strategy as it applies
to military activities and other Southeast Asian operations, I am hopeful that
we will regain our corporate foothold. I look forward to a much improved
outlook for the second half of the current fiscal year."
continues to evaluate the potential acquisition of InterMedia Development
Corporation, a media production company and defense contractor based in
Fairfax, Virginia. The Company is awaiting audited financial statements from
InterMedia as required to proceed with a merger.
The Company is
also in the process of formalizing its relationship with Cleanfield Energy,
Inc., with a proposed acquisition plan being currently negotiated and expected
to close within the week. Cleanfield is properly set up for compressed natural
gas conversions in the Southwest U.S., and is currently bidding on fleet
Company has been selectively bidding to manage private projects in the booming
Thailand construction market, and believes that it will be successful in
winning projects that have clear profit margins and no advance funding
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