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04/15/2008
The MCO Daily - Before the Bell for Wednesday, April 16th, 2008

The Micro Cap Opportunity 'Daily'
‘Before the Bell’
for Wednesday, April 16th, 2008

  On the Radar: CYRD, CNMY, STTC, HENC, ICOG, GNVC

This morning's top Micro Cap trading ideas include, IDS Worldwide, Inc. (OTCPK: IDWD), Cinemaya Media Group, Inc. (OTCPK: CNMY), Softnet Technology Corp. (OTCBB: STTC), Holloman Energy Corp. (OTCBB: HENC), ICO Global Communications Holdings Ltd. (NASD: ICOG), GenVec, Inc. (NASD: GNVC).

IDS WORLDWIDE, INC. (OTCPK: IDWD)
Up 50.00% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=IDWD.PK

IDS Worldwide Solutions is a holding company with operations in software, manufacturing and security products.

Recent IDWD News:

April 15, 2008 - IDS Worldwide, Inc. Announces Restructuring to Include Authorization of 5 Million Share Buyback and Retirement of Former Executives' Stock

IDS Worldwide, Inc. (PINKSHEETS: IDWD) announced today a major restructuring of the company. The restructuring which has been planned during the last seven month quiet period includes new board members and executives, the retirement of millions of shares of former executives who have been dismissed, authorization of a 5 Million Share buyback due to market conditions and the injection of millions in capital and new technology that the company is acquiring.

IDS Worldwide, Inc. has evaluated all offers during this quiet period that have been previously announced and have decided to go forward with its own internal restructuring instead of accepting any buyout offer at this time. IDS believes the former offers are not sufficiently capitalized to benefit the majority of shareholders.

IDS Worldwide, Inc. has decided to end its self-imposed quiet period at this time to dispel any market rumors of any reverse split, buyout of any public company resulting in massive dilution or merger. IDS is acquiring significant technology and contracts for cash. Some technology being acquired may be from public companies but does not involve any exchange of stock or merger. Additionally, the majority of the capital and technology is coming from former and new company insiders.

IDS Worldwide, Inc. will launch a new informative website with this new technology shortly. With this restructuring, IDS will have less than 37 Million Shares Outstanding, as well as well-capitalized and significant technology advances in the market place. The new capital has already allowed for production of new products and has built significant inventory for immediate sale.

CINEMAYA MEDIA GROUP, INC. (OTCPK: CNMY)
Up 35.71% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=CNMY.PK

CineMaya Media Group (PINKSHEETS: CNMY) is a leading provider of high quality international South Asian media, entertainment, and marketing services. Established in 2000 as a vertically integrated company, CineMaya Media Group has since grown into a mini-conglomerate in the ethnic media landscape through its robust businesses within the following areas: Publication, Broadcast Television, Radio, Film & Television Production, Events, and Advertising. More information about CineMaya Media Group may be found on the corporate website, www.cinemayamedia.com.

Recent CNMY News:

April 15, 2008 - CineMaya Media Group's 'Buy Indian Properties' Venture Gets Further Boost With New World Bank Report

The recently launched venture of CineMaya Media Group, Inc., (PINKSHEETS: CNMY) 'Buy Indian Properties,' a multi- platform solution (expos - magazines - online) for the Indian real estate industry to market properties to Non-Resident Indians (NRIs) and international real estate investors, has received a major boost with the release of a new World Bank report: 'Migration and Remittances Factbook 2008' on foreign remittances to home countries.

According to the report, NRIs (primarily in the USA) sent over $27 billion in foreign remittance to India in 2007, making India the highest recipient of remittances in the world ($27 billion = INR 108,000 crores). A significant portion of this amount went into Indian real estate. The top five recipients of migrant remittances in 2007 were India ($27 billion), China ($25.7 billion), Mexico ($25 billion), the Philippines ($17 billion), and France ($12.5 billion). When one considers the size of the Indian population in America (which stands at a little over 2.5 million) compared to the size of the other immigrant groups such as Mexicans (which totals over 10 million residents) or the Chinese (5 million residents), the remittance percentage per NRI to India is the highest amongst all groups.

Pair this with the fact that India is the second fastest growing economy in the world, with a GDP growth rate of 9.4% for the fiscal year 2006-2007. Indian real estate is growing at a whopping 30% with the $15 billion market expected to reach $90 billion within the next 8 years. Huge demand and access to capital have been the key drivers for propelling the Indian real estate market into overdrive as more and more money is pouring in. The accelerating growth has paved the way for exciting opportunities for both domestic as well as international investors, especially NRIs.

CineMaya Media Group and its related organizations have been affiliated with various facets of the real estate industry in India over the past six years. The company's experience within the industry ranges from organizing the MCHI & CREDAI India Property Expos in the US and Canada in 2006 and 2007 to publishing real-estate news and advertising within its publications, 'The Indian Express North American Edition' and 'Divya Bhaskar North American Edition.' Through years of interaction with developers, property marketers, NRI property buyers, and the housing finance sector, CineMaya Media Group has identified a demand and created a solution to address the needs through developing a multi-platform marketing solution, and building value for all.

Nayan Padrai, President of the CineMaya Media Group, states, "Buy Indian Properties offers a value proposition unlike any other in the marketplace. We have an unparalleled team of experienced professionals in India for product development (expo-print-online), business development, research, coordination, and to forge alliances with key members and agencies within the real estate community. The bottom line is India is one of the hottest real estate markets in the world right now and CineMaya Media Group with its experience and innate business acumen is at the epicenter of these key developments."

While most marketing services are targeted at investors in India, 'Buy Indian Properties' is relatively unique in its multi-pronged approach and accent on the NRI segment. The venture has been created to serve a specific niche and is making it easier for NRIs and other investors worldwide who wish to participate in the booming real estate climate in India.

This summer, Buy Indian Property Expos are taking place in the following cities:

Toronto, ON - May 31 & June 1 at International Convention Center 
Houston, TX - June 4 & June 5 at Stafford Convention Centre 
Edison, NJ - June 7 & June 8 at Edison Holiday Inn and Conference Center 

The Buy Indian Properties Magazine and Online Portal are also being launched in June 2008.

CineMaya Media Group, a conglomerate with offices in New York, San Francisco, Toronto, Delhi, Mumbai and now Hyderabad, is set to provide a highly effective and timely bridge between property developers in India and potential buyers from among the burgeoning market of 20 million NRIs worldwide. With its securely established reputation in North America, the group is optimally geared to connect the dots and leverage its initiative in the Indian market. The launch of the India division last year was a big step in that direction. The latest World Bank report, highlighted above, lends further credence to what bodes to be another highly viable business and service venture from CineMaya Media Group.

SOFTNET TECHNOLOGY CORP. (OTCBB: STTC)
Up 28.57% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=STTC.BB

SoftNet Technology Corp. is a Professional Services company offering professional expertise to enterprise and service provider clients. SoftNet's services are organized in three practice specialties, including Enterprise Infrastructure Services, Application Lifecycle Management and Government Services.

Recent STTC News:

April 15, 2008 - SoftNet Technology Announces Record Revenue

SoftNet Technology Corp. (OTCBB:STTC) (German WKN:TG6) announced today its 2007 results.

SoftNet recorded record revenue of $8.6 million for the 12 months ending 12/31/2007, a 39% increase over 2006 and represents the third consecutive year of double digit, record revenue growth. More importantly the Company significantly reduced its operating loss by 75% in 2007 vs. 2006.

The revenue growth achievement was noteworthy considering the Company's decision to exit the hardware resale business in Q4 2007. Had the Company retained that business the revenue results would have been higher.

Revenue growth was realized in all channels. However, the IT Infrastructure Practice, with an emphasis on data storage, was the fastest growing practice with increased engagements in existing and new clients. The Application Delivery Practice contributed late in Q4 with two new clients in the Financial Services sector.

The reduction in operating losses was achieved through tighter cost controls and G&A reductions made throughout the course of the year.

Commenting on the results, Jim Booth, CEO, stated: "Senior management is pleased with the results for the year but realizes much remains on the journey to profitability. The decision to exit the hardware resale business was clearly a decision that will benefit the Company long term. We expect to see an improvement in margins as hardware generated lower margins than professional services. Hardware also utilized a significant amount of working capital, which the Company will now use to support the growth of its services business.

"With regards to our outlook for Q1 2008, the preliminary sales results remain at a healthy level considering the revenue loss due to the discontinued hardware sales. IT Infrastructure continues to set the pace and we received a number of project extensions in the Telco business and a new client in the Life Sciences sector. Due to the impact of the sub-prime market collapse, the Financial Services sector has not generated the projects anticipated as recently as late December, which adversely affects the Application Delivery practice. In Q1 the Company continued to implement cost reduction efforts to improve cash flow and positively impact profitability. These actions included cutting non-revenue generating positions, closing an office in close proximity to the Company's headquarters in NJ, and instituting tighter expense policies and controls. These efforts, combined with an improvement in margins, are expected to have a positive impact on Q1 results," said Mr. Booth.

HOLLOMAN ENERGY CORP. (OTCBB: HENC)
Up 23.53% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=HENC.BB

Holloman Energy Corporation is an emerging international exploration, and development independent. The company's primary activities are located in well defined Australian assets. Holloman currently holds interests in an excess of 2.3 million acres in Australia.

Recent HENC News:

April 15, 2008 - Holloman Energy Reports First Post-Australian Acquisition Consolidated Results

Holloman Energy Corporation (OTCBB:HENC) ("HENC") filed its first consolidated annual financial statements including the assets acquired during November 2007 in a share exchange with Holloman Oil and Gas Limited. In connection with this acquisition, Holloman Oil and Gas, a wholly owned subsidiary of Holloman Corporation, became the largest shareholder of HENC. (See more on Holloman Corporation at http://www.hollomancorp.com.)

As of December 31, 2007, HENC reported total assets of $23.796 million and shareholders equity of $14.992 million. During 2007, HENC focused it efforts on asset acquisition. As a result, it generated substantially no revenues and incurred an operating loss of $1.508 million. Subsequent to December 2007, HENC divested of Endeavor Canada Corporation, a wholly-owned subsidiary which held all of its Canadian-based oil & gas properties. Of HENC's $2.566 million in current liabilities at December 31, 2007, $1.504 million related to the operations of Endeavor Canada. Of the remaining $1.062 million in current liabilities, $760,026 are advances from related parties. HENC anticipates that it will recognize a gain on its divestiture of Endeavor Canada. HENC's results are available in detail in its Form 10-KSB filed with the U.S. Securities and Exchange Commission on April 15, 2008.

HENC now has working interests, varying between 37.5% and 100%, in seven oil and gas permits awarded by the Australian government. These permits, which have remaining terms expiring between June 2008 and February 2013, cover 6,873 square kilometers (1,698,355 acres) of land in the Cooper basin and 2,589 square kilometers (639,755 acres) offshore in the Gippsland basin and Barrow sub-basin. HENC's management believes Australia is a politically stable environment that is pro hydrocarbon development. The oil and gas areas in which HENC holds its interests have had several major discoveries in various stages of development since the late 1960's, and have yielded substantial production to the global markets. Several of the world's largest oil and gas companies are producing, developing and exploring adjacent to HENC's oil and gas concessions. HENC believes that Australian oil and gas reserves are widely known to be under-explored and under-developed. Industry estimates set proven reserves of Australian oil at 4 billion bbls though only a small fraction of known potential has been exploited. HENC believes the Australian environment provides the enviable combination of low-risk and strong potential return.

Drilling Activity

On March 5th, the Company announced the commencement of drilling on its first well on its 820,000 acre concession in the South Australian, Cooper/Eromanga Basin. This wildcat test was Holloman's "Pecos-1." The well was drilled to its 6,000 foot total depth but was deemed non-commercial. The information obtained from this well however, is assisting HENC in marking the location for two additional wells in what it believes to be a very prolific basin. Holloman Oil & Gas, who operated the Pecos-1 well, has farmed in to drill a minimum of two additional wells. The cost of these exploratory wells is expecting to reach approximately $6 million over the next year. Details covering the next well will be forthcoming in a future press release.

"We are proud of the start we've made," stated Grant Petersen, HENC's CEO. "There's plenty yet to be accomplished, but I believe our new direction sets the stage for future expansion and profitability."

ICO GLOLBAL COMMUNICATIONS HOLDINGS LTD. (NASD: ICOG)                                                                     Up 8.70% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=ICOG

ICO Global Communications (Holdings) Limited is a satellite communications company developing an advanced next-generation hybrid media system, combining both satellite and terrestrial communications capabilities. ICO G1 is capable of supporting wireless voice, data, and/or Internet services throughout the United States on mobile and portable devices. ICO is deploying a mobile interactive media service known as ICO mim(TM). ICO mim will combine ICO's unique interactive satellite capability with nationwide coverage to deliver a new level of navigation, enhanced roadside assistance and the ultimate mobile video experience, including 10-15 live channels of premium television content. ICO is based in Reston, Virginia. For more information, visit www.ico.com.

Recent ICOG News:

April 15, 2008 - ICO Launches New Era in Mobile Television

ICO Global Communications (Holdings) Limited (ICO) (NASDAQ:ICOG) announced today that it has successfully launched its North American geosynchronous satellite, ICO G1. ICO will be conducting alpha trials for its fully interactive mobile video, navigation and emergency assistance service to be known as ICO mim(TM) (mobile interactive media) later this year. The mobile television component of ICO mim will use the DVB-SH standard, and is the first deployment of DVB-SH in the United States.

ICO G1 was launched at 4:12 pm Eastern (US) time, and was successfully placed into its initial geosynchronous transfer orbit at 4:56 pm. The initial telemetry and command contact with the spacecraft was established through the Perth, Australia ground station. The final position of the spacecraft will be at 92.85 degrees west longitude and will provide service to the entire United States, Puerto Rico, and the US Virgin Islands.

"Today's launch of ICO G1 was flawless," reported Bob Day, ICO senior vice president, space systems. "The spacecraft correctly separated from the launch vehicle 44 minutes after liftoff. Telemetry signals have been received and the spacecraft appears healthy."

"With our launch of ICO G1, ICO is now poised to deliver a new generation of mobile services for consumers," commented Tim Bryan, chief executive officer of ICO. "We look forward to meeting our 12th and final FCC milestone by May 15, 2008, when we anticipate certifying that ICO G1 is operational. Later this summer we will commence market trials in Las Vegas, Nevada and the Raleigh Durham area of North Carolina for our mobile interactive media service, ICO mim(TM), which we expect to launch commercially later in 2009."

ICO has been conducting the first-ever trials of the DVB-SH standard in North America in Las Vegas. In conjunction with the National Association of Broadcasters (NAB) show, ICO will be conducting mobile demonstrations of its ICO mim service in a specially equipped car on April 16 and 17. For information on the ICO mobile demonstration, please visit the DVB booth, C2239, in the Las Vegas Convention Center.

About ICO G1

ICO G1 is an innovative next-generation satellite designed to deliver a wide variety of interactive services to mobile and portable devices. ICO G1 was constructed by Space Systems/Loral using the Loral 1300 platform. The satellite was launched from Cape Canaveral, Florida on board an Atlas V 421 launch vehicle provided by United Launch Alliance and was launched by Lockheed Martin Commercial Launch Services. With a total mass of 6634kg, ICO G1 is the largest satellite ever launched by an Atlas rocket, and is the largest commercial satellite ever launched.

ICO G1 will operate in the 2 GHz S-band and will provide coverage to the United States and most of North America. The S-band antenna has an aperture of 12 meters and was built by Harris Corporation.

ICO G1 is the first satellite to utilize an innovative ground-based beam forming (GBBF) system for both satellite-receive and satellite-transmit directions. GBBF will provide unprecedented flexibility in operation for the spacecraft to form S-band antenna beams, flexibility in assigning frequencies and power, and will accommodate any modulation protocol within ICO's licensed spectrum. GBBF can form up to 250 transmit and 250 receive independent S-band beams.

About ICO mim(TM)

The ICO mim product is a converged mobile media service that addresses a wide variety of consumers' entertainment, information, and two-way communication needs: live and stored mobile TV in vehicles, interactive navigation, and roadside assistance, all with nationwide coverage. ICO mim will provide multiple channels of high-quality mobile video to portable, larger-screen (4.5 to 10 inch) user devices.

GENVEC, INC. (NASD: GNVC)
Up 6.31% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=GNVC

GenVec, Inc. is a biopharmaceutical company developing novel therapeutic drugs and vaccines. GenVec's lead product, TNFerade(TM), is currently in a pivotal clinical study (PACT) in locally advanced pancreatic cancer with infusion 5-FU and radiation in non-resectable, locally advanced pancreatic cancer. Additional clinical trials are in progress in rectal cancer, head and neck cancer, and melanoma. GenVec also uses its proprietary adenovector technology to develop vaccines for infectious diseases including HIV, malaria, foot-and-mouth disease, respiratory syncytial virus (RSV), and influenza. Additional information about GenVec is available at www.genvec.com and in the company's various filings with the Securities and Exchange Commission.

Recent GNVC News:

April 15, 2008 - GenVec Presents New Research on TNFerade(TM)

At today's 98th Annual Meeting of the American Association of Cancer Research (AACR) in San Diego, GenVec, Inc. (Nasdaq:GNVC) presented preclinical data illustrating the activity of GenVec's lead product candidate, TNFerade(TM), when used in combination with gemcitabine in preclinical models of pancreatic cancer.

GenVec presented a poster entitled "Combination of Human Tumor Necrosis Factor Alpha (hTNF-alpha) gene delivery with gemcitabine is effective in models of pancreatic cancer" (Abstract #4036). Results of the research show that a combination of TNFerade and standard chemotherapy results in superior anti-tumor activity compared to chemotherapy alone.

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