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).

ELEVATE INCORPORATED (OTCBB: ELEV)

"Up 121.05% on Wednesday"

Detailed Quote: http://www.otcpicks.com/quotes/ELEV.php

Elevate Inc. provides data, voice, video, mobile and security solutions in 22 major markets through a network of independent Certifiable Geniuses.

ELEV News:

May 30 - Elevate Grows Sales With Successful Launch

Elevate, Inc. (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%.

"We've been 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."

Elevate 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.

Ben Ward, 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 sales."

May's launch 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.

Elevate provides 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)

"Up 100.00% on Wednesday"

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.

HFBG News:

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 Southern California.

The Company's 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 markets.

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 stores.

Executives have 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.

Company 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.

The Executives 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 products.

AMBICOM HOLDINGS INCORPORATED (OTC: ABHI)

"Up 40.00% on Wednesday"

Detailed Quote: http://www.otcpicks.com/quotes/ABHI.php

AmbiCom is 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.

ABHI News:

May 30 - AmbiCom Announces $1.3 Million Order for WiFi Cards to Be Used for Major Manufacturer's Glucose Meters

AmbiCom Holdings, 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.

 

Wireless 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.

VANGUARD MINERALS CORPORATION (OTCBB: VNGM)

"Up 96.00% on Wednesday"

Detailed Quote: http://www.otcpicks.com/quotes/VNGM.php

Vanguard 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.

VNGM News:

No recent news for Vanguard Minerals Corp. (OTCBB: VNGM).

CONSORTEUM HOLDINGS INCORPORATED (OTCBB: CSRH)

"Up 52.17% on Wednesday"

Detailed Quote: http://www.otcpicks.com/quotes/CSRH.php

Consorteum 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.”

CSRH News:

No recent news for Consorteum Holdings, Inc. (OTC: CSRH).

INFRASTRUCTURE DEVELOPMENTS CORPORATION (OTCBB: IDVC)

"Up 81.82% on Wednesday"

Detailed Quote: http://www.otcpicks.com/quotes/IDVC.php

Infrastructure 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.

IDVC News:

May 29 - Infrastructure Developments Corp. Issues Corporate and Shareholder Update

Infrastructure 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.

Except for $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.

The Company's 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."

The Company 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 conversions.

Lastly, the 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 requirements.

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