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Archive for July, 2009

Interesting thoughts on why there is only 12% of the OTCBB to follow in this months market!

July 27th, 2009 Comments off

Interesting Facts about monthly statistics to date:

Shares on the OTCBB with a price level $0.50 and under make-up 2,994 issuers on the exchange 3,458 or 86.6% of the exchange of which 297 where gainers last Friday, 310 where losers, which means only 20% of the listed securities traded on that day within this price range.

On the other hand, shares between 0.51 to 1.00 made up 153 companies or 4.4% of the market’s issuers of which 66 where gainers and 55 where losers and 32 unchanged. In shares above $0.50 79% traded and 21% didn’t. The complete opposite statistically to shares under $0.51. In addition, a higher percentage of gainers by percentage than losers.

Shares between $1.01 and $10.00 make up 7.4% of the market of which 77% traded, again with a higher portion being gainers.

It’s interesting only on the basis that the sweet spot of institutional investors is to invest in companies over $5.00. If I were to take a day of trading or month of trading, or a year of trading, I can only guess that stocks within the $0.50 to $10.00 are more likely to “trade” in a given day, which is good for day traders and or shareholders who want liquidity. Of those shares that trade, you have slightly better than a 50/50 chance of trading up based on this reasoning.

Now you take a good company, with good fundamentals, trading above $0.50, that seems to trade everyday to begin with, your probability is much better than investing in companies that are below $0.50. The only thing missing of course in this theory is the percentage gains and the percentage loses in the performance level by price. It would be interesting to add this to the chart along with value.

What conclusion does this bring me to? Well none actually, I just found it interesting so use these thoughts at your own risk.

However, as an unsophisticated investor, there is only about 12% of the market I should probably be following. So who is the 12%? You will have to keep reading my blog entries to find that answer out.

 

OTCBB Performance by Price Level

 

  Price Level

Share Volume

 

Gainers

 

Losers

 

Unchanged

 

Total Issues

 
  0.00 to 0.50

830,306,680

 

297

 

310

 

2,387

 

2,994

 
  0.51 to 1.00

14,599,824

 

66

 

55

 

32

 

153

 
  1.01 to 10.00

14,226,700

 

112

 

86

 

58

 

256

 
  10.01 to 100.00

47,202

 

18

 

20

 

13

 

51

 
  100.01 to 200.00

0

 

0

 

0

 

0

 

0

 
  200.01 +

12

 

1

 

1

 

2

 

4

 
  Totals:

859,180,418

 

494

 

472

 

2,492

 

3,458

 
 
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Latest OTC Listings Information for July 27th 2009 Issue Changes

July 27th, 2009 Comments off

The following issues have been in an Eligible status for 30 days and are changing to a status of Active:

SECID
NATR
TRIS
CNBR
DAFX

SYMBOL CHANGES   due to losing the “E” Status
GWYCE  to GWYC  Gateway Certifications, Inc. Common Stock 
NEGSE  to NEGS  National Energy Services Company, Inc. Common Stock 

NAME/SYMBOL CHANGES  
Updated Date Old Symbol Old Name TPIM  TapImmune Inc. Common Stock 

New Symbol New Name  TPIV  TapImmune Inc. New Common Stock  1-10 R/S** 

Updated Date Old Symbol Old Name YGYB  Yongye Biotechnology International, Inc. Common Stock 

New Symbol New Name YGII  Yongye International, Inc. Common Stock  ** 
 
Notes  
CHNWF China Networks Int’l Hldgs, Ltd. Warrants is a Security Addition Effective 7/24/09; Refer to 7/23/09 DL

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OTC Listings: FINRA Updates the OTCBB/OTC Equities High Price Dissemination List

July 27th, 2009 Comments off

July 23, 2009

Overview
FINRATM is publishing its quarterly OTCBB/OTC Equities High Price Dissemination List, which will be available via a Unit of Trade query of the Daily List. This updated list of OTC Equity Securities eligible for trade report dissemination for trades of fewer than 100 shares will be effective July 27, 2009. All changes can be viewed by going to http://www.otcbb.com/AllDailyList/ and selecting the “Unit of Trade Changes” in the “Search by Date Range” and selecting the July 24, 2009 as the “From” date.

As discussed in OTCBB April 15, 2008 News Item (http://www.otcbb.com/news/2008/GeneralNews/041508.stm), for all OTC Equity Securities that trade at or above $175.00, transactions of fewer than 100 shares are no longer considered “odd-lot” transactions for dissemination purposes. Instead, FINRA has designated the unit of trade for these securities as one (1), and FINRA disseminates last sale information for all transactions of one or more shares in such securities. FINRA reviews trading activity quarterly to determine whether additional OTC equity securities meet the stated dissemination criteria.

For further information, please refer to the FINRA Trade Reporting Notice.

Contact Information:
Contacts for questions: FINRA Operations 866.776.0800 or finraoperations@finra.org.

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What it going on with OTC Listings and News Today?

July 27th, 2009 Comments off

Kalahari Greentech to Build Solar Energy Plants in West Africa

OTC Listings:SpongeTech® Delivery Systems, Inc. Take Action to Reduce Number of Authorized Common Shares to 900 Million Shares

OTC Listings: Avocet Reports Initial Due Diligence Drill Results From Kay Tanda Gold Resource

OTC Listings: SkyTerra Further Strengthens Its Leadership

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Kalahari Greentech to Build Solar Energy Plants in West Africa

July 27th, 2009 Comments off

Jul. 27, 2009 (TheNewswire.ca) –

Kalahari Greentech Inc. (“Kalahari”)(KHGT.PK), a global energy company, today announced its plans to build solar power (OTCBB:SOPW) energy plants in West Africa, a region in dire need of clean, reliable energy sources.

The company will partner with a series of local enterprises to deliver solar energy throughout the region, where the demand for modern energy sources is extremely high. Many areas in West Africa suffer from constant blackouts, and when energy fails, it interferes with businesses and essential services such as schools and hospitals, often costing thousands of dollars in business and sometimes costing lives when there is a blackout.

Access to modern energy sources can alleviate poverty and in some cases save lives in Africa, and therefore the political climate for solar energy projects is favourable, encouraging investment to the region. There are a number of government-sponsored initiatives under way that are training local engineers and technicians to design, install, operate and maintain solar energy systems, and just last month the member states of the Economic Community of West African States (ECOWAS) announced that they will be establishing a regional centre for renewable energy.

Furthermore, the global solar energy market is extremely favourable. A recent Specialists in Business Information report estimated that the solar energy market will achieve triple-digit growth to nearly $12 billion by 2012. The growing revenues are fuelled by increased technological advances, increasing private-sector investment, and growing government support. Furthermore the ever-higher non-renewable energy prices, ever-lower solar prices, climate change, energy security, a solidifying market structure, solar stocks on fire, and the U.S. federal government increasingly backing solar energy development (OOTC:EGDCY) , continue to drive this exciting emerging market.

The CEO for Kalahari, says, “Building solar energy plants in West Africa is both a financially and socially lucrative venture. Given the current low levels of electrification and the demand for energy, the potential for projects and profits in the region is great. But more importantly, by delivering clean, safe, reliable energy to West Africans, Kalahari can play a proud part in vastly improving the quality of life for the populations of these developing nations.”

About KALAHARI Kalahari is an energy company developing, constructing and operating renewable energy projects. Kalahari is active throughout the entire renewable energy value chain, as such an integrated business (OOTC:IGRB) model ensures the greatest value creation for the shareholders. Kalahari is also active during the operational stage because this will enable the Company to achieve stable income and cash flows, which in turn is a prerequisite for building new capacity. FORWARD-LOOKING STATEMENTS: Statements about Kalahari’s future expectations and all other statements in this press release other than historical facts are “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. Kalahari’s actual results could differ materially from expected results. Kalahari does not undertake any obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this objective, Kalahari will appropriately inform the public.

For more information contact investor@kalaharigreentech.com

Copyright (c) 2009 Thenewswire.ca – All rights reserved.

 

Source: TheNewsWire.ca (July 27, 2009 – 11:54 AM EDT)

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OTC Listings: SkyTerra Further Strengthens Its Leadership Team

July 27th, 2009 Comments off

New Executives to Focus on Transitioning MSAT Customers and Building Services for Next-Generation Integrated Satellite-Terrestrial Network

SkyTerra (OTCBB:SKYT) SkyTerra Communications has selected three experienced wireless industry veterans for key vice president positions critical to the company’s transition to its next-generation integrated satellite-terrestrial network.

The new executives will lead SkyTerra’s program to further expand service of its current generation offerings and transitioning customers to its next-generation integrated satellite-terrestrial communications network.

Matthew Foosaner

As vice president of government sales, Matthew Foosaner leads the company’s federal, state and local government sales initiatives across the civilian and military sectors. He is also critically involved in transitioning government agency customers from SkyTerra’s current generation services to the company’s next-generation integrated satellite-terrestrial network.

Prior to joining SkyTerra, Foosaner was the Managing Member of Critical Communications Solutions LLC, where he provided a variety of government clients with expertise in communications continuity, including communications systems planning, threat assessment and grant funding. He also spent 15 years with Sprint Nextel Corporation in a variety of management positions in engineering, operations/technical support and government sales.

Bryan Hartin

As SkyTerra’s new vice president of U.S. enterprise sales, Bryan Hartin is responsible for the sales and distribution of the company’s products and services to enterprise customers throughout the United States. He also leads SkyTerra’s U.S. Channel Partner Program. Also a wireless industry veteran, Hartin led Sprint Nextel’s Dealer Program and held senior positions with both Nortel Networks and Siemens. He has also served on the board of directors for the Consumer Electronics Association – Wireless Group.

Blair Kutrow

Blair Kutrow is SkyTerra’s new vice president of marketing. In this position she is responsible for marketing the company’s entire suite of products and services as well as all marketing programs surrounding SkyTerra’s next-generation satellite terrestrial network. During her more than 20 years in the wireless industry, Kutrow held leadership positions with 4DK Technologies, XM Satellite Radio, Nextel Communications and Vanguard Wireless.

“Matt, Bryan and Blair bring a wealth of wireless expertise that supports the needs of our family of current mobile satellite users,” said Marc Montagner, executive vice president of strategy, development and distribution for SkyTerra. “Their leadership skills and industry experience will greatly benefit SkyTerra as we continue working to transition our customers to our next-generation wireless network.”

SkyTerra is developing an integrated satellite-terrestrial communications network, based on SkyTerra’s patented ancillary terrestrial component (ATC) technology. The company expects its next-generation network will provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. SkyTerra plans to launch two of the most powerful commercial satellites ever built that will enable this network to support communications in a variety of market segments including public safety, homeland security, telematics, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services.

SkyTerra Communications, Inc. (OTCBB:SKYT) owns 100% of SkyTerra LP. SkyTerra LP and SkyTerra (Canada), Inc. jointly operate the MSAT satellites and telecommunications network.

About SkyTerra Communications (www.skyterra.com)

SkyTerra Communications (OTCBB:SKYT) delivers mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. The company’s next-generation integrated satellite-terrestrial communications network is expected to provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. When completed, the network will support communications in a variety of market segments, including public safety, homeland security, telematics, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services.

Statement under the Private Securities Litigation Reform Act

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to plans described in this news release. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, proposed, potential and similar words. Such forward-looking statements are subject to uncertainties relating to the ability of SkyTerra to raise additional capital or consummate a strategic transaction or deploy the next generation system, as well as the ability of SkyTerra to execute its business plan. We assume no obligation to update or supplement such forward-looking statements.

 

SkyTerra
Media Contact:
Tom Surface, 703-390-1579
Mobile: 703-462-3837
tom.surface@skyterra.com

 

 

Source: Business Wire (July 27, 2009 – 11:39 AM EDT)

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OTC Listings:SpongeTech® Delivery Systems, Inc. Take Action to Reduce Number of Authorized Common Shares to 900 Million Shares

July 27th, 2009 Comments off

SpongeTech® Delivery Systems, Inc. Take Action to Reduce Number of Authorized Common Shares to 900 Million Shares SpongeTech® Delivery Systems, Inc. Take Action to Reduce Number of Authorized Common Shares to 900 Million Shares SpongeTech® Begins Process to Lower Outstanding to Approximately 500 Million Shares SpongeTech® Delivery Systems, Inc., “The Smarter Sponge™”, (OTCBB: SPNG) is pleased to announce that the Company is taking action to amend its Articles of Incorporation to reduce the number of common shares that the Company has authorized to 900,000,000 (nine hundred million) shares. In addition, the Company has also begun the process to lower its outstanding shares to approximately 500,000,000 (five hundred million) shares. As reported in the Company’s 8-K filing on May 26, 2009, SpongeTech® amended its Certificate of Incorporation to increase its authorized common shares from 1,800,000,000 (one billion, eight hundred million) to 2,000,000,000 (two billion). The increase was to provide the Company with the ability to pursue a transaction such as the acquisition of Dicon Technologies. Subsequently, the Board of Directors had approved the acquisition of Dicon Technologies which was completed on July 9, 2009 as a cash transaction, without any shares to be issued for the acquisition and without any dilution to its current shareholders; therefore enabling the Company to take action and reduce the authorized shares substantially. Furthermore, as reported in the Company’s 3rd Quarter Form 10-Q filing on April 20, 2009, SpongeTech® had 722,866,061 shares of common stock issued and outstanding and the Company is also taking action to lower its outstanding shares by 30%. The Company’s actions in this regards will include the continuation of the common stock repurchase and retirement program from the open market as well as the retiring of restricted (144R) shares of common stock currently owned by the Company and its affiliates. “We are excited to be moving quickly to complete the process of reducing both our authorized and outstanding shares as well as provide clarity,” commented Michael Metter, CEO of SpongeTech®. “This significant reduction is an expression of both the progress that the Company and its innovative product lines have made to date. We are confident that there will be more advances to come in the near future with regards to our product development and penetration of what we fell is currently a targeted market that is extremely large, yet grossly underserved.” Metter continues, “I have always commented that it is SpongeTech®’s commitment to shareholders to gain their trust through transparency, progress and hard work. It always has been and always will be our goal to constantly build on our shareholders confidence.” “The reduction of the Company’s authorized shares is being done to assure our shareholders that we are careful and prudent with the issuance of our stock,” stated SpongeTech®’s COO Steven Moskowitz. “The significant reduction in both the authorized as well as outstanding share structure will serve to further enhance our overall earnings per share and make our stock more attractive to own for both current as well as prospective investors.” For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company’s website at: www.spongetech.com About SpongeTech® Delivery Systems, Inc. SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®’s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company’s sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge™ . Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company’s Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company’s Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectations. SpongeTech® Delivery Systems, Inc. Investor Relations: 1-877-776-6438 info@spongetech.com or wayoung55@aol.com or Connecting Markets GmbH Toll Free: +0800 100 42 92 Fon: +49 (0) 69 21 65 59 10 Fax: +49 (0) 69 21 65 59 11 Email: info@cmir.de Source: Business Wire (July 27, 2009 – 11:32 AM EDT) News by QuoteMedia

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OTC Listings: Avocet Reports Initial Due Diligence Drill Results From Kay Tanda Gold Resource

July 27th, 2009 Comments off

Jul. 27, 2009 (Filing Services Canada) — Mindoro Resources Ltd. (MIO – TSX Venture, WKN – FWB), reports that Avocet Mining PLC. has provided initial results from a drill program on the Kay Tanda epithermal gold-silver resource, Archangel Project, Philippines. The drilling is a part of a due diligence program being carried out by Avocet pursuant to a Memorandum of Agreement signed with Mindoro on September 23, 2008, which will allow Avocet to earn up to a 75 percent interest in the project.

Results from the first seven drill holes have been reported and are summarized in the table below using a cut-off of 0.3 grams per tonne (g/t) gold. Six holes are in-fill holes, while one is an extension hole. Results are largely as expected based on previous drilling, confirming continuity of near-surface low-grade gold-silver mineralization. Noteworthy intercepts include 48 meters at 0.57 g/t gold, immediately followed by one meter of 46.46 g/t gold in KTD 176, and 3.85 meters of 5.90 g/t gold in KTD 177.

The drilling program aims to upgrade the existing NI 43-101 compliant resource estimate, which did not include many higher-grade gold intercepts encountered in the previous drill program due to lack of information on geological controls. The due diligence test of 14 drill holes has been completed and Avocet is currently modeling the data and working on a new resource estimate. Results for the final seven drill holes are awaited.

- ***-

————————————————————
From To Length(m) Au g/t Ag g/t
————————————————————
KTD174
————————————————————
1506968N : 316894E Direction: Incl:
050 degrees -55 degrees
————————————————————
4.5 10.0 5.5 0.36 0.30
————————————————————
16.0 17.0 1.0 0.40 0.50
————————————————————
20.0 21.0 1.0 1.00 0.30
————————————————————
46.0 67.9 21.9 0.44 1.26
————————————————————
72.0 100.0 28.0 0.53 1.35
————————————————————
136.0 141.2 5.2 1.68 4.14
————————————————————
Including 137.0 138.0 1.0 6.09 1.60
————————————————————
148.5 149.0 0.5 1.22 3.60
————————————————————
165.0 166.0 1.0 7.34 0.80
————————————————————
KTD175
————————————————————
1506930N : 316835E Direction: Incl:
050 degrees -57 degrees
————————————————————
2 3 1 0.30 1.10
————————————————————
9 10 1 0.46 1.30
————————————————————
20.5 21.5 1 0.50 1.90
————————————————————
23.5 31 7.5 0.51 0.93
————————————————————
49 51 2 0.51 0.30
————————————————————
54.1 55 0.9 0.36 0.80
————————————————————
63 65 2 0.34 0.50
————————————————————
71 73 2 1.34 0.60
————————————————————
93.5 97.3 3.8 0.43 0.30
————————————————————
99.5 100.5 1 0.73 0.30
————————————————————
103.5 106.5 3 0.37 0.40
————————————————————
110.8 118.5 7.7 1.24 1.20
————————————————————
KTD176
————————————————————
1506875N : 316802E Direction: Incl:
050 degrees -57 degrees
————————————————————
5.4 7.5 2 0.42 0.96
————————————————————
10.5 19 9 0.48 1.13
————————————————————
19.6 68 48 0.57 1.13
————————————————————
68 69 1 46.46 13.90
————————————————————
69 80 11 0.99 1.21
————————————————————
KTD177
————————————————————
1506820N : 316740E Direction: Incl:
050 degrees -57 degrees
————————————————————
5 17 12 0.60 1.15
————————————————————
37 39.15 2.15 0.40 0.85
————————————————————
39.15 43 3.85 5.90 4.37
————————————————————
74.4 79 4.6 0.43 0.56
————————————————————
KTD178
————————————————————
1506778N : 316703E Direction: Incl:
050 degrees -60 degrees
————————————————————
12 13 1.0 0.30 0.30
————————————————————
19 21.05 2.1 0.70 0.30
————————————————————
25 26 1.0 3.59 1.30
————————————————————
34.9 36.5 1.6 0.78 4.76
————————————————————
49.5 51.8 2.3 0.84 0.66
————————————————————
67 69 2.0 0.99 0.30
————————————————————
KTD179
————————————————————
1507023N : 316980E Direction: Incl:
050 degrees -57 degrees
————————————————————
7 10 3 0.67 3.97
————————————————————
16 17 1 0.49 4.20
————————————————————
29 36 7 0.83 7.30
————————————————————
53 54 1 0.33 0.30
————————————————————
59 61 2 0.90 1.50
————————————————————
80 81 1 2.43 0.30
————————————————————
104 109 5 0.73 0.30
————————————————————
125 129.5 4.5 2.40 0.60
————————————————————
KTD180
————————————————————
1507049N : 316821E Direction: Incl:
050 degrees -57 degrees
————————————————————
19 20 1 0.46 0.30
————————————————————
24 25 1 0.43 1.10
———————————————————–
33 34 1 0.36 0.80
———————————————————–
60 63 3 0.58 0.67
———————————————————–
134 136 2 1.64 4.40
———————————————————–
163 164 1 2.90 0.70
———————————————————–

- ****-

ABOUT KAY TANDA

Kay Tanda is being evaluated for its open-pit, heap-leach potential. Mindoro has completed 147 reverse circulation and 26 core drill holes at Kay Tanda. Almost all holes encountered near-surface, generally flat-lying to gently-dipping blanket-like low-grade stockwork mineralization. This is strongly to partially oxidized to depths of 40 to 160 meters and non-oxide below this. Drilling, especially at deeper levels, encountered at least five steeply-dipping much higher-grade zones with high grades to 246 g/t gold and over 1,000 g/t silver which are interpreted as structurally controlled upflow, or “feeder” zones. These feeder zones appear to trend NW to SE, at right angles to the dominantly NE to SW trending lower grade stockwork system.

On February 6, 2008, Mindoro released a NI 43-101 compliant mineral resource estimate reporting a total inferred resource of 11,599,000 tonnes at 0.70 g/t gold and 3.0 g/t silver (262,000 contained ounces gold) and a total indicated resource of 3,365,000 tonnes at 0.88 g/t gold and 8.0 g/t silver (95,000 contained ounces gold).

Many gold mineralized intercepts, including much of the higher-grade grade material, were not included in the resource estimate due to wide drill spacing, averaging 50 meter centers, and lack of information on geological controls. High grade intercepts were top-cut to 9 or 10 g/t gold. Additional drilling is required to understand these geological controls and potentially increase both the grade and tonnes of the gold-silver resource.

Tony Climie, P.Geol, is the Qualified Person responsible for monitoring the supervision and quality control of Mindoro’s programs and who has reviewed and verified the technical information contained in this news release.

ABOUT MINDORO

Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata North nickel-cobalt project and on both its Lobo (SWB) and Archangel (Kay Tanda) gold-silver projects. Mindoro has identified 22 porphyry copper-gold prospects and has a Memorandum of Understanding with Avocet Mining and a Memorandum of Agreement with Gold Fields covering its Batangas projects.

Mindoro is well positioned to capitalize on the global demand for gold with additional plans underway to drill the Lobo and El Paso gold projects, funded by Gold Fields and drill the American Tunnels gold /copper-gold project. Additional near-term objectives include finalizing one to two joint venture arrangements on Mindoro’s porphyry copper-gold prospects at Pan de Azucar and Surigao and identifying a suitable partner to fund development of the significant Agata North nickel resource.
For further information, contact:

INVESTOR RELATIONS – CANADA

Mindoro Resources Ltd.
Penny Gould, President: penny@mindoro.com
Tel: 780.413.8187 or Toll Free: 1.877.413.8187
www.mindoro.com

Renmark Financial Communications Inc.
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Jason Roy: jroy@renmarkfinancial.com
Tel: 514.939.3989
www.renmarkfinancial.com

INVESTOR RELATIONS – EUROPE
Robert Sarcher: robert@mindoro.com
Tel. 49 821 6089051

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This release may contain forward-looking statements including management’s assessments of future plans and operations, and expectations of future production. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, the risks associated with the mining and exploration industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production and the uncertainty of the availability of capital). The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Source: Mindoro Resources Ltd. (MIO – TSX-V) www.mindoro.com
Maximum News Dissemination by Filing Services Canada Inc. *
www.usetdas.com

 

Source: Filing Services Canada (July 27, 2009 – 11:31 AM EDT)

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OTC Listings Opinion: Big Government not going and Green back in the markets

July 25th, 2009 Comments off

It’s 1 pm on a Saturday and one of our loyal followers just emailed and asked when are the days going to trade green again, when are the tides going to turn, and where is the next ambitious investment going to be that makes sense. Well we can answer that the green is back momentarily, and the topic is Big Government. The Governments globally have stepped up to rebuild the temple and ensure us all that the green is coming back in the stock market and in the dollar.

Lets put this in perspective, though there is a declining US Manufacturers inventory, thay are still a very high level, that means there’s a lot of stock to meet demand, which is still weak, production is held back, and we will see weakend domestic product. There has been falling US consumer confidence, and there are fears that the economic stimulus might go away… but the answer is that it will not! Big Government sees a turn around, if interest rates remain where they are at, a higher investment is going to go back into companies from the banking sector, venture capital, and sources looking to make more than 2% in the Bank.

The global recession that has hit, has hit everyone, but there is an economy, I’ll be it smaller, but it is a market. You must get a piece of this market because this market could pick up 2010 for a year like no other… with the investment, socked away capital, and rebound from the current economic status, it is a good time to go public, its a good time to raise money, its a good time to make sales and take market share.

US retail sales have risen from the month before, the market has picked up on the OTCBB, and the US Fiscal Policy Stimulus will increase in 2010! Many people have asked me when do you put money back into the market, and I don’t doubt there will be a 5-10% pull back in the next 4-6 weeks, but who cares when we are looking at a rally for the new year and the potential of a Banner 2010!

If Governments are promising to invest, I believe them, and if the interest rate remains at these levels, I believe the money will come back into small to medium sized businesses, real estate will keep going up, and I would like to see the bulstering of the small cap stocks that interest our sector and readers. Those who over the last 6 months who have read past the bad news will benefit the most, but its still not too late to build and grow during these times. Open the store and stock the shelves when the wind of change is coming, you are a born entrepreneur, build build build America and the world markets.

Savings have risen, the tides will turn. Check the stats as rumor has it that there is more money in savings accounts as a mass right now than before.

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Toronto Stock Exchange Stats June 2009- and TSX Listings opinion on a banner 2010!

July 25th, 2009 Comments off

June 2009 is 24.5% down in dollar trading value in comparison to June 2008 statistics, however, the volume is just over 25% up from June 2008. There is a market, and its starting to trade. Even in June which is typically a slower month, the markets are picking back up. Its nice also to see the value traded in June 2009 of $129,108,175,644 after May’s 2009 value of  $125,293,704,119. I remain optimistic on the TSX’s ability to turn around regardless of going into a summer of which we have just experienced the largest recession of 50 years.

TSX June 2009 Stats

TSX June 2009 Stats

What else is there to say? 

Look I think as well we are going to have a pull back sometime in the next 4 to 6 weeks somewhere in the 5 to 10% range then if we could rally going into the new year it will be very good for small caps- http://www.cnbc.com/id/32114588

However, Governments have stepped in all over the world and put a stop to a financial disaster that economist nightmares are made off. At what cost? How long will it take to right those balance sheets? But who cares wallstreet is rebounding our RRSP’s are rebounding, housing prices are moving wow we are back… Right now markets are booming private equity is back for the Canadian market place.

People all over are feeling better and there are trillions of bank dollars private equity dollars venture dollars looking to make more then 2% on their money. If interest rates stay where they are like the Bank of Canada says they willl look for a big 4th quarter of investment into new public deals and a huge 2010 maybe one of the biggest ever. 

http://www.cbc.ca/money/story/2009/07/23/bank-canada-economy-recovery.html

http://www.theglobeandmail.com/report-on-business/recession-over-growth-resumes-bank-of-canada/article1228484/

SO the question is, are you listed on the TSX? Do you want to be? Contact info@tmxlistings.com

How can you go public?

Merge with a CPC, Merge with an existing listing, Merge with a NEX listed company and bring it back up to the TSX Venture, or list as an IPO.

If any of these options interest you, and you want to take advantage of the 2010 we expect to follow, contact us at info@tmxlistings.com

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