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Next 1's TV Network to Re-Launch With Upgraded Programming & Sponsors
FORT LAUDERDALE, FL -- 08/25/11 -- Next One Interactive, Inc. (OTCBB: NXOI) announced today that, after many months of negotiations, it plans to resume broadcasting of its television network in the last half of September, via satellite on Channel 321 and via broadband on RRTV.com, as part of recently executed agreements. The network will feature a fresh line-up of programs showcasing vacation resorts, real estate, travel, boating, water sports, and recreational and leisure activities. In addition to the new programming line-up, the Company has worked on key sponsorship and advertising commitment agreements which currently total over $4.5 million in the first year to cover operational costs.
"With the new programming, operations, sponsorship and advertising commitments largely in place, I believe we can re-launch the network knowing virtually all the network operating costs are covered and additional daily timeslots are still available to further promote and capture additional revenue opportunities in the travel and real estate arenas," says CEO, William Kerby.
By late fall, viewers can look forward to a significantly enhanced line-up of new programming along with "Specialty Programming" such as Travel and Real Estate Auctions. Additionally, the network will also be able to promote its Video on Demand (VOD) platforms.
About Next One Interactive, Inc.
Next One Interactive, Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next 1 plans the delivery of targeted content via multiple digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. In today's digital market Next 1 delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with theSecurities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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Guided Therapeutics Awarded Third Year Funding of National Cancer Institute Grant for LuViva(TM) Advanced Cervical Scan
NORCROSS, Ga. -- 8-25-2011-- Guided Therapeutics, Inc. (OTCBB & OTCQB: GTHP), developer of a rapid and painless testing platform that uses biophotonics for the early detection of disease, today announced that it was awarded $517,000 to fund the third year of a $2.5 million three-year grant from the National Cancer Institute (NCI).
The grant provides additional resources to help commercialize and bring to market the LuViva(TM) Advanced Cervical Scan and Cervical Guide single-patient-use disposable. LuViva is currently under pre-market approval (PMA) review by the U.S. Food and Drug Administration.
"We view the continuation of the grant as further third-party validation of our technology and it provides additional non-dilutive resources to complete the regulatory process and begin manufacturing," said Mark L. Faupel, Ph.D., President and CEO of Guided Therapeutics.
Guided Therapeutics has been awarded more than $6 million in six consecutive grants from the NCI to develop the new, pain-free test for detecting cervical disease since 2001.
LuViva scans the cervix with light to identify cancer and pre-cancer painlessly and non-invasively. Guided Therapeutics' patented biophotonic technology is able to distinguish between normal and diseased tissue by detecting biochemical and morphological changes at the cellular level. Unlike Pap or HPV tests, LuViva does not require laboratory analysis or a tissue sample, is designed to provide results immediately and eliminate costly and painful unnecessary testing.
About Guided Therapeutics
Guided Therapeutics, Inc. (OTCBB & OTCQB: GTHP) is developing a rapid and painless testing platform for the early detection of disease based on its patented biophotonic technology that utilizes light to detect disease at the cellular level. The company's first planned product is the LuViva(TM) Advanced Cervical Scan, a non-invasive device used to detect cervical disease instantly and at the point of care. In a multi-center clinical trial, with women at risk for cervical disease, the technology was able to detect cervical cancer up to two years earlier than conventional modalities, according to published reports. Guided Therapeutics has also entered into a partnership with Konica Minolta Opto to develop a non-invasive test for Barrett's esophagus using the technology platform. For more information, visit: www.guidedinc.com.
The LuViva Advanced Cervical Scan and Barrett's Esophagus technology are investigational devices and are limited by federal law to investigational use.
The LuViva mark, LuViva and wave logo are trademarks owned by Guided Therapeutics, Inc.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. A number of the matters and subject areas discussed in this news release that are not historical or current facts deal with potential future circumstances and developments. The discussion of such matters and subject areas is qualified by the inherent risks and uncertainties surrounding future expectations generally and also may materially differ from Guided Therapeutics' actual future experience involving any of or more of such matters and subject areas. Such risks and uncertainties include: the early stage of products in development, the uncertainty of market acceptance of products, the uncertainty of development or effectiveness of distribution channels, the intense competition in the medical device industry, the uncertainty of capital to develop products, the uncertainty of regulatory approval of products, dependence on licensed intellectual property, as well as those that are more fully described from time to time under the heading "Risk Factors" in Guided Therapeutics' reports filed with the SEC, including Guided Therapeutics' Annual Report on Form 10-K for the fiscal year ended December 31, 2010, and subsequent quarterly reports.
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Propell's 'Instant Ecommerce' Helps Unique New York City Public School Launch
'PropellShops' System Lets Schools Nationwide Streamline Costs, Raise Funds
SAN ANSELMO, Calif., Aug. 25, 2011 -- New York City's new Collaborative Arts Middle School had a challenge this year, the school's first -- and Propell Corporation (OTC: PROP) had a unique solution. The challenge was how to create and deliver a brand new uniform to a brand new student body, without requiring cash outlay by the school, or staff time.
Enter Propell's PropellShops "instant ecommerce" system. As part of its partnership with eChalk, the education technology company that provides online communication and education technology for K-12 schools across the country, Propell was able to provide a turnkey ecommerce solution that is expected to provideCollaborative Arts Middle School (CAMS) students their required uniforms without any upfront investment or risk for the school.
The PropellShops proprietary ecommerce and on-demand manufacturing service is available to eChalk's schools at no charge. With a PropellShop, any eChalk school can offer hundreds of products that are manufactured, printed and shipped only when ordered -- with no minimum quantities or setup charges, and no inventory. Propell then shares revenue with the school partner. Propell also provides similar services for businesses, colleges, nonprofits and the military.
CAMS, in the Springfield Gardens section of Queens, took advantage of Propell's newest service, the Event Savings Program (ESP), in which school partners can offer student or team uniforms at substantially reduced quantity pricing, while allowing each student or family to purchase individual items online. Schools qualify for quantity pricing simply by forecasting the minimum number they will need; no upfront payment or deposit is required so long as the minimum number is met.
Collaborative Arts Middle School (CAMS) is an innovative school where "the arts encourage and inspire our work." Priding itself as a "school for every learner," it begins with sixth grade "the exploratory year," in which "students are exposed to all disciplines (vocal music, theater, dance, and visual arts). During the next two years, students concentrate on one art form, learning its technical aspects, historical background, and the unique career opportunities made available in the cultural hubs of New York City."
"We are so grateful for the team at Propell. As a new school, we were facing many challenges, and providing uniforms was critical, but also presented expense and logistical challenges. Thanks to Propell, we are able to offer our families the convenience of at home shopping, and the school did not need to commit any financial, or personnel, resources. I've done this many times at other schools, and this is the best experience I've ever had. It's saved us money and simplified everyone's lives," said T.N. Holloway, Principal of CAMS.
"We're proud to be working with CAMS and eChalk to play a role in supporting this innovative new school find an innovative way to deliver uniforms to its students," said Ed Bernstein, CEO of Propell. "The PropellShops program lets staff focus on other things and lets us worry about everything else.
"We believe that Propell's on-demand service is the ideal solution for the complexity, cost and staff time in running a school uniform program," Bernstein said. "Schools are operating with tight financial and staff resources, and our ESP program can free up those resources, while earning schools money as a fund raiser, with no risk to the school. There's no upfront cost and no inventory to manage. Propell does everything, from running the shop, to making the items, shipping them, and providing customer service."
There are more than 140,000 public and private K-12 schools in North America. In addition to its partnership with eChalk, Propell is a School Solutions Partner for the American Association of School Administrators(www.aasa.org), the professional organization for more than 13,000 educational leaders in the United Statesand throughout the world.
ABOUT PROPELL CORPORATION
Propell Corporation's PropellShops service is a web-based ecommerce solution that lets any organization -- whether school, nonprofit, sports team or business -- instantly create a web store offering customized apparel and gifts featuring their brand, logo or other artwork. Propell's partners have complete control of their shops, including which products to sell, and what price to sell them. Propell does the rest -- hosting the shop, making the products, shipping them to customers, and paying the partner a share of every sale.
In addition to providing online shops and on-demand merchandise for a variety of businesses, nonprofits and other organizations, Propell serves the U.S. Military through partnership with the Army Air Force Exchange Service at http://shop.aafes.com and http://shopmyexchange.com, as well as numerous K-12 schools and universities nationwide, including University of Rochester, Cal State and Biola University, as well as licensing relationships with the Licensing Resource Group and Affinity Marketing for additional schools, conferences, and sororities and fraternities. The company also is a partner of the Independent College Bookstore Association (www.icbainc.com), the California Association of College Stores (www.cacsonline.org), and theNational Association of College Stores (www.nacs.org); and is a School Solutions Partner for the American Association of School Administrators (www.aasa.org).
For more information please visit www.propellshops.com, email info@propellshops.com, or call 415-480-6860.
SAFE HARBOR STATEMENT
This news release contains forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the words "believe," "anticipate," "expect," "intend," "estimate," and similar expressions. All statements in this document regarding the future outlook related to Propell Corporation are forward-looking statements, including but not limited to the effect of the new uniform program on schools and the schools' ability to save time and money. Such statements are based on the current expectations, beliefs, estimates and projections of management and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements such as the risk that our partnership with eChalk will not be profitable or that the shops we launch with and without eChalk will not generate sufficient revenue. Additional uncertainties and risks are described in our most recently filed SEC documents, such as our most recent annual report on Form 10-K. For a more detailed discussion of factors that affect Propell Corporation's operations, please refer to the Company's Securities and Exchange Commission filings. Copies of this filing are available through the investor section of our web site at www.propellshops.com, or the SECwebsite at http://www.sec.gov. All forward-looking statements are based upon information available to us on the date hereof. The Company undertakes no obligation to update this forward-looking information.
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Zynex Enters into Letter of Intent with NeuroDyne Medical, Corp.
LONE TREE, Colo. -- 8-25-2011-- Zynex, Inc. (OTCBB: ZYXI), a provider and developer of non-invasive medical devices for electrotherapy and stroke rehabilitation, neurological diagnosis and cardiac monitoring, announced that it entered into an exclusive letter of intent, through its subsidiary Zynex NeuroDiagnostics, Inc., to acquire substantially all of the assets of NeuroDyne Medical, Corp. subject to certain conditions, including satisfactory completion of due diligence and final documentation.
NeuroDyne Medical, Corp., located in Cambridge, Massachusetts, is an 18 year old FDA-GMP compliant manufacturer of advanced medical devices for non-invasive measurement of sEMG and autonomic nervous systems. The devices are used for evaluation and treatment of neurological and neuromuscular disorders as well as education and research. NeuroDyne's products include medical instruments, sensors, disposable electrodes and software that offer sEMG, EKG, EEG, respiration, skin temp, EDR, EDL, peripheral blood flow, IBI, heart rate, and heart rate variability. The products are sold world wide and are used by healthcare providers, educators and researchers. NeuroDyne has over 2,000 customers that include companies such as the U.S. Air Force, Harvard University Health Services, MIT, Mayo Clinic, Procter and Gamble and Johnson and Johnson.
Thomas Sandgaard, CEO of Zynex, commented, "This potential acquisition is strategic for us, as we believe it will provide us a rapid entrance into the neurodiagnostic market and will allow us to diversify our current product offerings. NeuroDyne also has established global sales channels that should help our international sales growth. Tahir Chaudhry, founder and CEO of NeuroDyne, has built a good business and we are excited to work with him to finalize the acquisition and integration into Zynex NeuroDiagnostics."
Tahir Chaudhry, CEO of NeuroDyne, commented, "I believe Zynex offers the ideal platform to further advance the already proven NeuroDyne product mix and accelerate the global reach into the neurodiagnostic market.Zynex has a proven track record of high growth and I believe that the addition of NeuroDyne will be a good strategic fit."
About Zynex
Zynex, Inc. (founded in 1996), operates under three primary business segments; Zynex Medical, Zynex NeuroDiagnostics and Zynex Monitoring Solutions. Zynex Medical engineers, manufactures, markets and sells its own design of electrotherapy medical devices for standard digital electrotherapy, used for pain relief, pain management and stroke and spinal cord injury rehabilitation. Zynex Medical's product lines are fully developed, FDA-cleared, commercially sold, and have been developed to uphold the Company's mission of improving the quality of life for patients suffering from impaired mobility due to stroke, spinal cord injury, or debilitating and chronic pain. Zynex NeuroDiagnostics, currently in the development stage, has been established to market EMG, EEG, sleep pattern, auditory and nerve conductivity neurological diagnosis devices through product development or acquisitions. Zynex Monitoring Solutions, currently in the development stage, has been established to develop and market medical devices for non-invasive cardiac monitoring.
For additional information, please visit: http://www.ir-site.com/zynex/default.asp.
About NeuroDyne
NeuroDyne Medical, Corp., located in Cambridge, Massachusetts, is an 18 year old FDA-GMP compliant manufacturer of advanced medical devices for non-invasive measurement of sEMG and autonomic nervous systems used for evaluation and treatment of neurological and neuromuscular disorders as well as education and research.
For additional information, please visit: http://www.neurodynemedical.com/.
Safe Harbor Statement
Certain statements in this release are "forward-looking" and as such are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the inability to agree on final transaction terms with NeuroDyne, the need to obtain additional capital in order to grow our business, our ability to engage additional sales representatives, the success of such additional sales representatives, the need to obtain FDA clearance and CE marking of new products, the acceptance of new products as well as existing products by doctors and hospitals, larger competitors with greater financial resources, the need to keep pace with technological changes, our dependence on the reimbursement from insurance companies for products sold or rented to our customers, acceptance of our products by health insurance providers, our dependence on third party manufacturers to produce our goods on time and to our specifications, implementation of our sales strategy including a strong direct sales force, the uncertain outcome of pending material litigation and other risks described in our filings with the Securities and Exchange Commission including the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2010.
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Willow Creek Completes Phase One: 20 Hole Drill Program at Hercules Gold & Silver Property, Nevada
LAS VEGAS, Aug. 25, 2011 -- Willow Creek Enterprises Inc. (OTCBB: WLOC) (the "Company" or "Willow Creek") is pleased to announce the completion of Phase One on the Company's drill program at its Hercules Gold & Silver Property located in the Walker Lane Mineral Belt in southern Lyon County, Nevada, USA. Phase One comprised of a 20 hole drill program that has totaled more than 6,000 feet of drilling of targeted areas on the Hercules Gold and Silver Property.
"Management decided to increase the number of drill holes to twenty after some encouraging initial drill core. We originally had only planned on drilling twelve to fourteen holes. Management felt the need to expand the drill program in order to examine the exploration potential of these areas of the property. We believe strongly in the potential for positive drill results," stated Terry Fields, President, Willow Creek. "The ongoing exploration has revealed mineralization that may potentially be used to immediately and significantly add to the resources contained within our project area. The Hercules resource is approximately 583,000 gold-equivalent ounces and with this drill program our goal is to keep increasing this indicated resource. We will continue to keep our shareholders up to date on the progress at Hercules and we look forward to announcing the drill results as they become available."
The drill program has been managed by O'Keefe Drilling and conducted under the supervision of Willow Creek and advising Geologist Herb Duerr of MinQuest Inc.
Willow Creek's exploration program of angle drill holes, both core and reverse circulation-rotary (RC), was utilized in attempting to confirm and enhance the indicated resources with infill drilling.
The original drill program included:
o Approximately 15 drill holes. (Willow Creek completed 20 Holes)o Approximately 3,000+ feet of drilling planned for initial program( Willow Creek completed over 6000 feet of drilling
o Varying depths 200 - 500 feeto 50 - 100 foot spacing between holeso A focused and balanced drill program targeting: the Hercules and West Cliff area and North to the ABCzones.
o Flexibility will be maintained should new targets be identified as we proceed.About Hercules Gold & Silver Property:
The Hercules project currently consists of 88 mining claims for a total of 1760 acres, which is located in the prestigious Walker Lane Mineral Belt in southern Lyon County, Nevada, USA. The Property hosts an indicated resource of approximately 583,000 gold-equivalent ounces. Hercules is located approximately 25 miles southwest of Reno, 7 miles outside of Dayton, 10 miles from the Comstock Lode Deposit and 15 miles from the Talapoosa Mine.
The historic Walker Lane Mineral Belt in western Nevada is a highly mineralized trend that contains several world-class epithermal precious metals deposits such as:
o the Comstock Lode (estimated production of 8.6 million ounces of gold and 192 million ounces of silver);
o Round Mountain (Barrick / Kinross) (over 10 million ounces of gold produced since 1906); and
o Rawhide, Aurora, Goldfield mines.Additional porphyry copper deposits are at Yerington (1.75 billion pounds of copper produced from 1953-1978 by Anaconda Copper Company.)
About Willow Creek Enterprises Inc.
Willow Creek is a gold, silver and base metal exploration company with the purpose of evaluating, developing and acquiring gold projects of merit with a focus on the United States, Canada and Mexico. At present, Willow Creek is focused on the exploration and development of its projects in Nevada, USA. Willow Creek has also compiled a management team that has the knowledge, experience and motivation to find quality properties at different stages of development in order to fulfill their corporate mission.
Terry Fields, President
Corporate Contact:
Premier Media Services
1-866-465-6551
Please visit the Willow Creek website www.willowcreekenterprisesinc.com for any further information.
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH NATURAL RESOURCE EXPLORATION AND DEVELOPMENT AND NEEDS FOR FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL REPORT ON FORM 10-K AND ON FORM 10-Q AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. FINRA, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
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