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Stocks to Watch: SCNWF, WGFL, CHINA, GTE
BOCA RATON, FL - MARKET WIRE - 06/07/05
OTCPro.com announces its list of stocks to watch! (OTC BB: SCNWF), (OTC BB: WGFL), (NASDAQ: CHINA), (AMEX: GTE). These stocks are looking to move!
Investors need to be watching Stream Communications Network and Media Inc. (OTC BB: SCNWF) SCNWF is up over 20% in the past week on surging volume. OTCPro.com believes the stock will continue to run and advises investors to keep a sharp eye on this issue. SCNWF just had news out and serious investors and traders should look for an entry point. OTCPro.com believes the stock is under accumulation and poised for a major move.
A recent OTCPro "Stock to Watch" soared 2000% within weeks of being added to OTCP's list.
Stream Communications Network and Media Inc. (OTC BB: SCNWF) is pleased to announce a 67% increase in revenues, from CDN $861,810 in the first quarter 2004 to CDN $1,437,672 in the first quarter 2005.
These increases are mainly a result of Stream's ongoing acquisition and consolidation strategies. Since the first quarter of 2004 the Company has successfully completed a combined six cable and Internet acquisitions.
Stream would also like to report it has now completed the previously announced agreement to purchase 1,400 cable subscribers strategically located next to the Company's existing network in Southern Poland.
The World Golf League, Inc. (OTC BB: WGFL) announced today that it has received a financing commitment of up to $3,000,000 for the production of the upcoming Million Dollar Shootout Reality Television Series. A group of private investors will provide the funding in exchange for preferred stock in the WGL, Inc. The funding will be available beginning August 1, 2005.
Pivotal Corporation, a leading CRM solution provider for mid-sized enterprises, and a subsidiary of CDC Corporation (NASDAQ: CHINA) today announced a jointly sponsored healthcare event with Microsoft Corp. that will take place in the renowned Guggenheim Hermitage Museum on June 8, 2005. Healthcare STAT: Strategy and Technology Analysis for Tomorrow featuring Gartner analyst Janice Young is an exclusive engagement that will give attendees the chance to network and learn from industry peers and experts.
GlobeTel Communications Corp. (AMEX: GTE) yesterday announced that it has acquired the assets of HotZone Wireless, LLC (HotZone). HotZone is an advanced developer of WIMAX and extended range WIFI Systems with operations in the United States and Europe. The acquisition was paid primarily in GTE shares and cash. The agreement calls for certain performances by the sellers to achieve the full consideration.
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OTCPro.com is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. OTCPros is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. OTCPro's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. OTCPro provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. OTCPros offers a free financial newsletter. To subscribe or get more information, visit our home page located at www.OTCPro.com.
OTCP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of an OTCP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an OTCP opinion, recommendation or analysis. Information regarding companies which OTCP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
You should be aware that OTCP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating OTCP's statements regarding a company. An affiliate of OTCP has purchased two hundred thousand free trading shares of common stock of SCNWF from Confederated Capital Corporation (CCC) for $.20 per share and have sold forty thousand shares to date, OTCP and affiliates have no other relationship to CCC. This should be construed as a potential conflict of interest. OTCP's officers and directors reserve the right to buy additional shares of the company discussed in this opinion and may profit in the event those shares rise in value. When OTCP receives free trading shares as compensation for a profiled company, OTCP may sell part or all of any such shares during the period in which OTCP is performing such services.
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