TMCnet News
Stocks That Stand Out For Sept. 4th, 2009(M2 PressWIRE Via Acquire Media NewsEdge) www.StandoutStocks.com: Stocks That Standout For Sept. 4th, 2009 are Magellan Energy Ltd. (PINKSHEETS: MGLG), Blue Diamond Ventures, Inc. (PINKSHEETS: BLDV), MediaTechnics Corporation (PINKSHEETS:MEDT), Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA), Applied DNA Sciences, Inc. (OTCBB: APDN) Visit Us On Twitter and Facebook: http://twitter.com/StandoutStocks http://www.facebook.com/people/Standout-Stocks/547603354 Sign-up for our FREE Stock Alerts AND AWARD WINNING NEWSLETTER at HYPERLINK "http://www.Standoutstocks.com/" www.Standoutstocks.com Magellan Energy Announces Production Update in Morgan County, Tennessee TORONTO, Sep 03, 2009 -- Magellan Energy Ltd. (PINKSHEETS: MGLG) ("Magellan" or "the Company") is today announcing an update on its gas production in Morgan County, Tennessee. The solution, originally put in place to resolve the high BTU situation in Anderson, Morgan, Fentress and Scott Counties, has so far been unable to resolve the problem on a consistent enough basis to allow for continuous natural gas production. This affects all producers in the area and includes Magellan's Anderson, Martin and Lankford leases. Revenues from the oil produced from the Anderson and Martin leases will continue without disruption. To recap, in late 2008, the federal government, through the agency FERC, mandated that any gas with a BTU count higher than 1100 was unsafe and should not be transported in interstate pipelines or sold to consumers. Gas originating from oil wells usually has a high BTU count, and this is especially true in the Burville area where the Anderson and Martin wells are located. As a result, Magellan, as well as many other area producers, had their wells shut in by Citizens Gas for a protracted period of time. To resolve the issue, Citizens Gas placed a large compressor in its Burville collection and distribution system. This facility is where Citizens Gas receives its gas supply from the east Tennessee gas pipeline and from various local gas producing wells in Scott, Morgan, Fentress and Anderson counties. This system, unfortunately, has not been able to completely stabilize the high BTU issue in order to consistently meet the FERC requirements. It is a gathering and distribution system collectively, which means that after the gas has been gathered and blended, it is immediately distributed for sale to residential and commercial properties. The inconsistent BTU count has meant that this system cannot be safely utilized and an alternative method had to be found. Limited natural gas production was actually realized because of the inability of the initial system to keep the BTUs to an acceptable level. Area producers are in the process of disconnecting their lines and reconnecting them to an alternate system which is strictly a collection line. The gas will then be carried to a separate Citizens Gas high pressure line where it will be blended. This will avoid having the gas distributed to residential and commercial properties prior to the collective BTU count being absolutely stabilized and maintained to acceptable levels. It was only through the implementation and sustained operation of the initial solution that its inconsistencies were revealed. Magellan believes that the possibility of further disruptions have been addressed with this new solution. Our partner and operator of the projects, TMD Energy Inc., is continuing to work with Citizens Gas to rework the lines as quickly as possible. A potentially huge consumer of natural gas in Tennesee has come to the forefront with TVA's announcement that a natural gas-fired electric plant in Rogersville is scheduled to come online in late 2011 and will require up to 160 million cubic feet of natural gas daily. Tennessee is now producing about 16 million cubic feet of gas, but has immense potential to produce a great deal more, with the most potential coming from the Chattanooga Shale. Magellan and other area producers stand to benefit greatly from this enormous new demand source. The Lankford Lease wells have been drilled to the shale formation and the Company is confident that a significant amount of gas from the formation exists on their lease. The Company intends to frac at least two of the wells at the earliest opportunity to increase natural gas production and is considering additional horizontal drilling to maximize long-term gas production from the Chattanooga Shale. "While this has admittedly been a setback for Magellan and the other producers in the area, a solution has been found and is being implemented," stated Apolinar Carcasona, President of Magellan Energy. "Our wells have realized significant natural gas production in the past, we believe that we have the resources for significant production to come, especially with the huge market opportunity that the Rogersville electric plant brings to area producers. In time we foresee a steady flow of gas and a lucrative future for Magellan and its shareholders. We will make every attempt to keep our shareholders apprised of progress as it is made." The company website, www.Magellan-Energy.com, will be updated shortly to reflect current projects including the Lankford lease. About Magellan Energy: Magellan Energy is a publicly traded independent oil and gas company (PINKSHEETS: MGLG). The company is actively acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Tennessee and Oklahoma. Once acquired, the company intends to develop each property to maximize the income from each property byre-establishing production, refurbishing and improving the existing production and operations. Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible, "and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. Blue Diamond Ventures Submits Preliminary Wind Farm Designs to Public Service Company of Colorado HOUSTON, TX, Sep 03, 2009 -- Blue Diamond Ventures, Inc. (PINKSHEETS: BLDV) -- Blue Diamond Ventures, through its affiliate Blue Diamond Ventures Renewables, LLC, and its joint venture partner Freedom Works, LLC, recently gave to the Public Service Company of Colorado preliminary designs to study the feasibility and facility impact of a 198 megawatt wind farm plus 68 miles of transmission line in southern Colorado. The Public Service Company of Colorado is also studying PSS/e model of the selected wind turbine generators. Discussions with Vestas (our selected turbine manufacturer) and the Public Service Company of Colorado regarding our proposed generator model conclude this week. This final disposition of the modeling will move our interconnection request towards a conclusion of the combined feasibility and site impact study requirements. Blue Diamond Ventures/ FreedomWorks, LLC JV is currently first in the queue position at the San Luis Valley Substation. Plans are to construct the wind farm and transmission project near La Veta Pass, Colorado. The new transmission line will intertie at the existing substation in San Luis Valley. About Blue Diamond Ventures, Inc.: Blue Diamond Ventures, Inc. is an agricultural company, and through its affiliate, Blue Diamond Ventures Biofuels, LLC, conducts business as a biofuels company with operations in the U.S. and future endeavors in the Caribbean and Ethiopia. This press release contains forward-looking statements involving risks and uncertainties, including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law. MediaTechnics Updates Shareholders on Corporate Vision, Restructuring Plans PLACERVILLE, Calif., Sep 03, 2009 -- MediaTechnics Corporation (PINKSHEETS:MEDT) is pleased to announce we have begun the process of expanding our line of products and services. We are also currently reviewing several potential merger and acquisition opportunities. Management intends to update shareholders, as events warrant through more regular announcements in the coming weeks and months, as part of our plan for growth for the rest of 2009 and beyond. CEO Rick Wilson stated, "Although 2009 sales have been significantly impacted by the decline in the state of the nation's economy, I believe we are on the way towards becoming a stronger and growing company." The company has updated its quarterly financials with Pink Sheets and intends to begin filing updates to its financials on a timelier basis. "I am excited about the future of MediaTechnics," Wilson continued. "We hope to complete the restructuring and expansion of our business model in order to substantially strengthen our bottom line." The company intends to continue converting substantial portions of debt to equity in order to increase shareholder value. About Mediatechnics (MEDT.PK) MediaTechnics Corporation (www.mediatechnicscorporation.com) is the parent company of MediaTechnics Systems Inc. (www.mediatechnics.com) Notes about forward-looking statements Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Certain Statements contained in this release that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "may," "should" and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date when they are made. Encompass Parts Distribution and Vance Baldwin Recognized by Toshiba as 2009 Distributor of the Year Wagner Also Receives Prestigious McCann Award at National Electronics Service Dealers Convention NEW YORK, Sep 03, 2009 -- Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA), a leader in the consumer electronics segment of the reverse logistics industry, today announced that its wholly-owned subsidiary, Encompass Parts Distribution, Inc., through Vance Baldwin Electronics has been awarded the prestigious distributor of the year award by Toshiba America Consumer Products (Toshiba) at the recent annual industry convention hosted by the National Electronics Service Dealers Association (NESDA). In addition to this award, Tritronics President and Chief Executive Officer, Kimberly Wagner, was awarded the prestigious Gerry McCann CET/CSM, EHF Memorial Award. The Award honors the legendary M. G. "Gerry" McCann who, with his optimistic personality and generous philosophy of sharing knowledge, educated generations of service dealers in the intricacies of providing "'world class"' service. The award was created by the Past Presidents Committee two years ago, after Mr. McCann passed away. "Each year we recognize one of our authorized parts distributors for their outstanding performance and dedication to the service industry and I am pleased to present this year's award to Vance Baldwin," said Robert Fisher, Director of Toshiba National Parts Center. "We are honored to receive this prestigious award from Toshiba. They continue to be one of our premium vendors for both service and support," said Robert Coolidge, President and CEO of Vance Baldwin Electronics. "It is truly an honor to have our hard work, dedication and efforts recognized," he added. "This was the first time in my 20 years of involvement with NESDA that I have been rendered speechless," said Kim Wagner after receiving the award. "Gerry McCann was my mentor, teacher, friend and hero. Everyone that congratulated me throughout the week shared a special 'Gerry story' with me and talked about how Gerry had impacted their lives." Mr. McCann, a true visionary, started the popular Best Ideas Contest that was often the highlight of NESDA, encouraging every member of the industry to share their knowledge and help each other be successful business owners. Wagner has served in many capacities within NESDA. She is currently a member of the Marketing and Membership Committee, the NESDA By-Laws Committee, and chairs the Legislation committee. Wagner was reappointed to a second two-year term on the NESDA Advisory Board in 2008. About Toshiba America Consumer Products, L.L.C. Toshiba America Consumer Products, L.L.C. is owned by Toshiba America, Inc., a subsidiary of Toshiba Corporation, a world leader in high technology products with subsidiaries worldwide. Toshiba is a pioneer in DVD and DVD Recorder technology and a leading manufacturer of a full line of home entertainment products, including flat panel TV, combination products and portable devices. Toshiba America Consumer Products, L.L.C. is headquartered in Wayne, New Jersey. For additional information, please visit www.tacp.toshiba.com. About National Electronic Service Dealers Association NESDA is the premiere association in the consumer electronics service industry, offering the best benefits programs ROI for its members in the product service industry through value-added services that reduce a servicer's cost of doing business and offer the opportunity to network with other similar businesses, product manufacturers, distributors, and warranty companies. Additional benefits available to NESDA members include the NESDAnet e-mail list, a listing in the NESDA Servicer Locator, and the opportunity to be a part of the premiere active community of professional servicers highly recognized throughout the industry. For more information on NESDA and NESDA membership, visit the NESDA website at www.nesda.com. About Encompass Group Affiliates, Inc. Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA), a New York-based company is a market leader in the end-of-life cycle management of the consumer electronics segment of the reverse logistic industry. Encompass Group, through its wholly-owned subsidiaries, Encompass Parts Distribution, Inc. and Encompass Service Solutions, Inc., provides comprehensive consumer electronics parts distribution, asset recovery, returns management, reverse logistics services, and depot repair and refurbishment services. Encompass Group addresses the full scope of this multi-billion market -- including the end-user driven product support and provides single-source lifecycle management services for technology products, currently in the North American market, with accelerating growth towards a global presence. The Company's market position is based on its distinctive ability to provide single-point, comprehensive value-added lifecycle service on a competitive basis. For more information about Encompass Group Affiliates, visit our website at http://www.encompass.com. Encompass Parts Distribution is comprised of the former number two (Vance Baldwin) and number three (Tritronics) parts distributors in the U.S., to create what is now the country's largest distributor of consumer electronic parts and accessories. Most importantly, Encompass maintains the heritage of focused expertise and personalized service exemplified by both legacy brands. With warehouses in Florida, Georgia, Maryland and Las Vegas, Encompass distributes both new and certified reclaimed parts for more than 150 brands of consumer electronics, computers, printers and office equipment. The company also provides service aids and industrial products such as cable, tools, test equipment, cleaners and other installation equipment. For more information about Encompass Parts Distribution, visit our website at http://www.encompassparts.com. Encompass Service Solutions is comprised of a primary electronic equipment repair center in Orlando Florida, as well as a network of sophisticated repair facilities in Georgia and South Florida. With over 22 years of industry leadership, the company specializes in the repair and advanced exchange of consumer and office electronic equipment, providing parts reclamation services, sophisticated board-level and whole-unit repair to third-party warranty companies, OEMs, national retailers and national office equipment dealers. Encompass Service Solutions offers Level II and Level III call center technical support, service contract administration and support, and asset recovery programs. This release and oral statements made from time to time by Encompass Group Affiliates, Inc.'s representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "anticipate," "plans," "should," "believes," "will," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, as well as inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Encompass Group Affiliates, Inc. with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements. SigNature DNA Can Protect Metal-Based Products From Counterfeiting STONY BROOK, NY, Sep 03, 2009 -- Applied DNA Sciences, Inc. (OTCBB: APDN), a provider of DNA-based security solutions, announced that it has successfully incorporated its proprietary SigNature(R) DNA markers onto the surfaces of intact metal, with the potential to assign unique DNA sequences for each metal application. Counterfeit metal materials have been detected in everyday building and construction materials, electronic components, after-market car parts, public rail and bus transportation materials, packaging and components used in military and commercial aircraft. According to Robert P. Ernst (Naval Air Systems Command's Aging Aircraft Program), "As many as 15% of all spare and replacement microchips the Pentagon buys are counterfeit...We are having field failures regularly within our weapons systems -- and in almost every weapon system." (Business Week, October 2008). In May 2009, the U.S. Department of Commerce issued a Report on Counterfeits indicating that total counterfeit incidents increased from 3,868 (2005) to 9,356 (2008), representing an increase of over 200%. Of the counterfeit products surveyed in 2008, 5,267 of these products were "used product re-marked as higher grade" microcircuits. Dr. James A. Hayward, CEO of APDN, stated, "Typically, counterfeits are distinguished after a very thorough visual check. Organized efforts to counterfeit metal components can be curtailed easily by the application of a unique forensic SigNature DNA marker that can even be used to distinguish between various products." Aluminum, copper, tin and steel can all be protected with SigNature DNA and authenticated should there be any doubt as to their authenticity. The persistence of SigNature DNA markers, even after attempts to wash or remove it, has already been validated in laminates, thermal transfer ribbon and a wide range of security inks and substrates used in secure packaging. SigNature DNA can help provide quality assurance and quality control without modification to the existing manufacturing processes or the products themselves. "The problems will continue to grow as long as metal counterfeits continue to enter the supply chain unchecked. With the availability of SigNature DNA marking and authentication, we can immediately help to resolve many of the concerns over national security and public safety," continued Dr. Hayward. About APDN APDN sells patented DNA security solutions to protect products, brands and intellectual property from counterfeiting and diversion. SigNature DNA is a botanical mark used to authenticate products in a unique manner that essentially cannot be copied. APDN also provides BioMaterial GenoTyping(TM) by detecting genomic DNA in natural materials to authenticate finished products. Both technologies protect brands and products in a wide range of industries and provide a forensic chain of evidence that can be used to prosecute perpetrators. To learn more, go to www.adnas.com where APDN routinely posts all press releases. The statements made by APDN may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe APDN's future plans, projections, strategies and expectations, and are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of APDN. Actual results could differ materially from those projected due to our short operating history, limited financial resources, limited market acceptance, market competition and various other factors detailed from time to time in APDN's SEC reports and filings, including our Annual Report on Form 10-K, filed on December 16, 2008 and our subsequent quarterly reports on Form 10-Q. APDN undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date hereof to reflect the occurrence of unanticipated events. About Standoutstocks.com www.Standoutstocks.com has become one of the premier stops for investors who wish to experience huge profits via investing in up-and-coming publicly traded companies. www.Standoutstocks.com email report service is free to those investors who sign up on our website. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to OTCBB and Pinksheet companies that have the potential of showing increased activity and Standing Out from the rest of the market. To subscribe to this free service, visit the Standout StocksReport home page at http://www.Standoutstocks.com and select the "join now" button. Join us at http://www.standoutstocks.com for a complimentary subscription to the most exciting online financial newsletter on the market. Disclaimer: Verify all claims and do your own due diligence. Standoutstocks.com profiles are not a solicitation or recommendation to buy, sell or hold securities. Standoutstocks.com is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Standoutstocks.com is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), Standoutstocks.com is owned and operated by Standoutstocks.com. Neither Standoutstocks.com nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Standoutstocks.com receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Standoutstocks.com statements and opinions and such statements and opinions cannot be considered independent. Standoutstocks.com and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Standoutstocks.com services are often paid for using free-trading shares. Standoutstocks.com may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration. Visit us for a full Disclaimer at: http://www.standoutstocks.com/disclaimer.aspx CONTACT: Jason A. Hilton, Standout Stocks Tel: +1 585 729 8809 e-mail: [email protected] e-mail: mailto:[email protected] ((Comments on this story may be sent to [email protected])) (c) 2009 M2 COMMUNICATIONS |