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$ELRA 007 massive merger, $30 mill profit
ELRA signed definative agreement, done deal, to acquire Macau gaming company doing $30 million in profit, after taxes.
With only 700 mill OS ELRA should be over .10 right now!
Grab all you can under .01
$ELRA 007 massive merger, $30 mill profit
ELRA signed definative agreement, done deal, to acquire Macau gaming company doing $30 million in profit, after taxes.
With only 700 mill OS ELRA should be over .10 right now!
Grab all you can under .01
$ELRA Elray Gaming announces that it has concluded a definitive agreement to Acquire Golden Match, a Macau Gaming Company
PR Newswire
NEW YORK, May 4, 2012
NEW YORK, May 4, 2012 /PRNewswire/ -- Elray Resources Inc. (ticker ELRA.OB) announced today that it has entered into an agreement to acquire all of the outstanding shares of Golden Match, a company incorporated in the British Virgin Islands, following a letter of intent which was signed on March 22, 2012.
Golden Match is an investment holding company. Its principal business activity is to hold a profit share agreement with a VIP Room Gaming Promoter, under which it receives 80% of the profit stream from the Promoters. The Promoter currently participates in the promotion of many, major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world.
VIP gaming operations in Macau consist of VIP rooms that cater exclusively to high-limit Baccarat table games. Baccarat is the largest source of gaming revenue in Macau, Gaming Promoters in Macau have historically maintained the majority of VIP customer relationships. The Promoters secure VIP rooms through agreements in which they receive either a commission on turnover or a percentage of the casino net gaming win or loss on a pre-gaming tax basis.
About Golden Match:
Golden Match is a company that has negotiated a profit sharing agreement with CALI Promocao de Jogos Sociedade Unipessoal Lda. (CALI), a company duly incorporated under the laws of the Special Administrative Region of Macau.
CALI promotes Casinos in Macau SAR, pursuant to a license issued by the Gaming Inspection and Coordination of Bureau of the Government of Macau (DICJ).
With immediate effect Mr. Lao Sio I. is appointed Chairman of the Board of Directors with Brian Goodman remaining as Chief Executive.
Upon signing the agreement, Mr. Lao Sio I. commented "I am excited to be part of this new venture which will enable us to take advantage of exciting growth opportunities specifically in Asia and the benefits provided by Elray will enable me to exponentially grow the gaming business. Macau has become the Gambling Capital of the World and continues to grow at a rapid rate, new casinos are opening, existing ones are expanding with more and more people visiting Macau, we will now be able to pursue these opportunities."
Brian Goodman, current CEO stated that "Elray will now be well positioned to develop and grow as a gaming entity internationally. The Macau opportunity together with the US listing will enable the company to raise growth capital, acquire other gaming promoters in Macau as well as in other jurisdictions and create a profitable company, creating enormous institutional worth whilst aggressively increasing the brand value on a global scale returning excellent returns for shareholders, overall an excellent result for Elray shareholders."
Mr. Lao Sio I. – Chairman of the Board
Mr. Lao Sio I. is a highly educated Chinese Citizen and a resident of Macau. After graduating from the Macau Polytechnic Institute Mr. Lao Sio I. (39 years old) completed numerous post graduate courses including diplomas in English as well as a number of technology related courses.
Following a successful career in local government in Macau, Mr. Lao Sio I. entered the gaming industry in 2003, initially as a Casino VIP host and in 2005 investing in a VIP room as a senior partner. Since that time Mr. Lao Sio I. has developed a reputation of being one of the leading, most influential and respected gaming promoters in the GCR (Greater China Region), having negotiated deals with the largest Casinos in Macau.
As Chairman, Mr. Lao Sio I. will be leading the future development and growth of Elray.
About Macau
Macau is part of the territory of the Peoples Republic of China, located on China's southeast coast to the west of the Pearl River delta. The Macau Special Administrative Region ("MSAR") was established on December 20, 1999, after Macau was administrated by Portugal for more than 400 years.
Macau is one of the most rapidly growing economies in Asia and is the only territory within China where casino operations has been legalized. In 2011, total revenues generated by casinos in Macau were approximately $33.5 billion, more than four times the revenues generated by the Las Vegas strip during the same period (source: Macau Gaming Inspection and Coordination Bureau). The Macau gaming industry has grown at an average of 37.5% per annum over the last 5 years. (2007 to 2011, source: Macau Statistics and Census Bureau)
About Elray
Elray is an established Gaming entity which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Contact: Brian Goodman, CEOBrian@elraygaming.com(917) 775 9689www.elraygaming.com
SOURCE Elray Resources Inc.
Elray Gaming announces that it has concluded a definitive agreement to Acquire Golden Match, a Macau Gaming Company
PR Newswire
NEW YORK, May 4, 2012
NEW YORK, May 4, 2012 /PRNewswire/ -- Elray Resources Inc. (ticker ELRA.OB) announced today that it has entered into an agreement to acquire all of the outstanding shares of Golden Match, a company incorporated in the British Virgin Islands, following a letter of intent which was signed on March 22, 2012.
Golden Match is an investment holding company. Its principal business activity is to hold a profit share agreement with a VIP Room Gaming Promoter, under which it receives 80% of the profit stream from the Promoters. The Promoter currently participates in the promotion of many, major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world.
VIP gaming operations in Macau consist of VIP rooms that cater exclusively to high-limit Baccarat table games. Baccarat is the largest source of gaming revenue in Macau, Gaming Promoters in Macau have historically maintained the majority of VIP customer relationships. The Promoters secure VIP rooms through agreements in which they receive either a commission on turnover or a percentage of the casino net gaming win or loss on a pre-gaming tax basis.
About Golden Match:
Golden Match is a company that has negotiated a profit sharing agreement with CALI Promocao de Jogos Sociedade Unipessoal Lda. (CALI), a company duly incorporated under the laws of the Special Administrative Region of Macau.
CALI promotes Casinos in Macau SAR, pursuant to a license issued by the Gaming Inspection and Coordination of Bureau of the Government of Macau (DICJ).
With immediate effect Mr. Lao Sio I. is appointed Chairman of the Board of Directors with Brian Goodman remaining as Chief Executive.
Upon signing the agreement, Mr. Lao Sio I. commented "I am excited to be part of this new venture which will enable us to take advantage of exciting growth opportunities specifically in Asia and the benefits provided by Elray will enable me to exponentially grow the gaming business. Macau has become the Gambling Capital of the World and continues to grow at a rapid rate, new casinos are opening, existing ones are expanding with more and more people visiting Macau, we will now be able to pursue these opportunities."
Brian Goodman, current CEO stated that "Elray will now be well positioned to develop and grow as a gaming entity internationally. The Macau opportunity together with the US listing will enable the company to raise growth capital, acquire other gaming promoters in Macau as well as in other jurisdictions and create a profitable company, creating enormous institutional worth whilst aggressively increasing the brand value on a global scale returning excellent returns for shareholders, overall an excellent result for Elray shareholders."
Mr. Lao Sio I. – Chairman of the Board
Mr. Lao Sio I. is a highly educated Chinese Citizen and a resident of Macau. After graduating from the Macau Polytechnic Institute Mr. Lao Sio I. (39 years old) completed numerous post graduate courses including diplomas in English as well as a number of technology related courses.
Following a successful career in local government in Macau, Mr. Lao Sio I. entered the gaming industry in 2003, initially as a Casino VIP host and in 2005 investing in a VIP room as a senior partner. Since that time Mr. Lao Sio I. has developed a reputation of being one of the leading, most influential and respected gaming promoters in the GCR (Greater China Region), having negotiated deals with the largest Casinos in Macau.
As Chairman, Mr. Lao Sio I. will be leading the future development and growth of Elray.
About Macau
Macau is part of the territory of the Peoples Republic of China, located on China's southeast coast to the west of the Pearl River delta. The Macau Special Administrative Region ("MSAR") was established on December 20, 1999, after Macau was administrated by Portugal for more than 400 years.
Macau is one of the most rapidly growing economies in Asia and is the only territory within China where casino operations has been legalized. In 2011, total revenues generated by casinos in Macau were approximately $33.5 billion, more than four times the revenues generated by the Las Vegas strip during the same period (source: Macau Gaming Inspection and Coordination Bureau). The Macau gaming industry has grown at an average of 37.5% per annum over the last 5 years. (2007 to 2011, source: Macau Statistics and Census Bureau)
About Elray
Elray is an established Gaming entity which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Contact: Brian Goodman, CEOBrian@elraygaming.com(917) 775 9689www.elraygaming.com
SOURCE Elray Resources Inc.
$ELRA Ludlow Issues .10 Target Based on Merger
Elray Gaming Eyes Acquisition of Macau Gaming Company
Last Updated: May 03, 2012 - 7:45am EST
(NEW YORK) --(NEW YORK) --Elray Gaming, Inc, which is traded under the name Elray Resources, Inc (OTC:ELRA), continues to move ahead with its potential acquisition of Macau gaming company, Golden Match, which could give the stock a minimum price valuation of $0.10 per share.
Elray Gaming announced a 'binding letter of intent' to acquire Golden Match, who's principal business activity is to hold a profit share agreement with a VIP Room Gaming Promoter, the terms of which they receive 80% of the profit stream from the Promoters, which currently participates in the promotion of many major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world.
The company has negotiated a profit sharing agreement with Cali Promocao de Jogos Sociedade Unipessoal Lda. (CALI), a company duly incorporated under the laws of the Special Administrative Region of Macau, and promotes Casinos in Macau SAR pursuant to a license issued by the Gaming Inspection and Coordination of Bureau of the Government of Macau SAR.
Over the past 5 months, CALI generated approximately $17 million (US) profit after tax.
ELRA Post-Merger Valuation
Taking that $17 million profit into consideration, a rough fiscal year net profit for CALI would be in the range around $37 million, after taxes. If given a 80% profit sharing bases, that would give Golden Match, and thus ELRA, a yearly net profit of around $29.6 million,
ELRA currently has around 700 million shares issued and outstanding, but for the sake of closing the merger, and estimating for dilution to close the deal, even at 3 billion shares issued and outstanding, that would still give ELRA an EPS estimate of around $0.01 EPS.
Based on the value estimates of other publicly traded Macau gaming companies, a conservative PE of 10 to 15 would still give ELRA a post merger estimate of $0.10 to $0.15 per share, or a conservative $300 million post-merger market capitalization, which would reflect a sharp % return from its current $0.004 share price.
From all indications, movement on this merger continues to move forward with talks showing possible institutional interest, which could help turn this letter of intent into a full blown major merger.
Cali currently has agreements in place are with MGM Grand Macao, a division of MGM Resorts International (NYSE:MGM), the Venetian, Wynn Resorts, Limited (NASDAQ:WYNN), Galaxy Entertainment Group Limited (HKG: 0027), and City of Dreams.
http://www.wallstreetnewscast.com/news/2012/may/elra-1843.html
ELRA
$ELRA Ludlow Issues .10 Target Based on Merger
Elray Gaming Eyes Acquisition of Macau Gaming Company
Last Updated: May 03, 2012 - 7:45am EST
(NEW YORK) --(NEW YORK) --Elray Gaming, Inc, which is traded under the name Elray Resources, Inc (OTC:ELRA), continues to move ahead with its potential acquisition of Macau gaming company, Golden Match, which could give the stock a minimum price valuation of $0.10 per share.
Elray Gaming announced a 'binding letter of intent' to acquire Golden Match, who's principal business activity is to hold a profit share agreement with a VIP Room Gaming Promoter, the terms of which they receive 80% of the profit stream from the Promoters, which currently participates in the promotion of many major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world.
The company has negotiated a profit sharing agreement with Cali Promocao de Jogos Sociedade Unipessoal Lda. (CALI), a company duly incorporated under the laws of the Special Administrative Region of Macau, and promotes Casinos in Macau SAR pursuant to a license issued by the Gaming Inspection and Coordination of Bureau of the Government of Macau SAR.
Over the past 5 months, CALI generated approximately $17 million (US) profit after tax.
ELRA Post-Merger Valuation
Taking that $17 million profit into consideration, a rough fiscal year net profit for CALI would be in the range around $37 million, after taxes. If given a 80% profit sharing bases, that would give Golden Match, and thus ELRA, a yearly net profit of around $29.6 million,
ELRA currently has around 700 million shares issued and outstanding, but for the sake of closing the merger, and estimating for dilution to close the deal, even at 3 billion shares issued and outstanding, that would still give ELRA an EPS estimate of around $0.01 EPS.
Based on the value estimates of other publicly traded Macau gaming companies, a conservative PE of 10 to 15 would still give ELRA a post merger estimate of $0.10 to $0.15 per share, or a conservative $300 million post-merger market capitalization, which would reflect a sharp % return from its current $0.004 share price.
From all indications, movement on this merger continues to move forward with talks showing possible institutional interest, which could help turn this letter of intent into a full blown major merger.
Cali currently has agreements in place are with MGM Grand Macao, a division of MGM Resorts International (NYSE:MGM), the Venetian, Wynn Resorts, Limited (NASDAQ:WYNN), Galaxy Entertainment Group Limited (HKG: 0027), and City of Dreams.
http://www.wallstreetnewscast.com/news/2012/may/elra-1843.html
ELRA
$ELRA Ludlow Issues .10 Target Based on Merger
Elray Gaming Eyes Acquisition of Macau Gaming Company
Last Updated: May 03, 2012 - 7:45am EST
(NEW YORK) --(NEW YORK) --Elray Gaming, Inc, which is traded under the name Elray Resources, Inc (OTC:ELRA), continues to move ahead with its potential acquisition of Macau gaming company, Golden Match, which could give the stock a minimum price valuation of $0.10 per share.
Elray Gaming announced a 'binding letter of intent' to acquire Golden Match, who's principal business activity is to hold a profit share agreement with a VIP Room Gaming Promoter, the terms of which they receive 80% of the profit stream from the Promoters, which currently participates in the promotion of many major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world.
The company has negotiated a profit sharing agreement with Cali Promocao de Jogos Sociedade Unipessoal Lda. (CALI), a company duly incorporated under the laws of the Special Administrative Region of Macau, and promotes Casinos in Macau SAR pursuant to a license issued by the Gaming Inspection and Coordination of Bureau of the Government of Macau SAR.
Over the past 5 months, CALI generated approximately $17 million (US) profit after tax.
ELRA Post-Merger Valuation
Taking that $17 million profit into consideration, a rough fiscal year net profit for CALI would be in the range around $37 million, after taxes. If given a 80% profit sharing bases, that would give Golden Match, and thus ELRA, a yearly net profit of around $29.6 million,
ELRA currently has around 700 million shares issued and outstanding, but for the sake of closing the merger, and estimating for dilution to close the deal, even at 3 billion shares issued and outstanding, that would still give ELRA an EPS estimate of around $0.01 EPS.
Based on the value estimates of other publicly traded Macau gaming companies, a conservative PE of 10 to 15 would still give ELRA a post merger estimate of $0.10 to $0.15 per share, or a conservative $300 million post-merger market capitalization, which would reflect a sharp % return from its current $0.004 share price.
From all indications, movement on this merger continues to move forward with talks showing possible institutional interest, which could help turn this letter of intent into a full blown major merger.
Cali currently has agreements in place are with MGM Grand Macao, a division of MGM Resorts International (NYSE:MGM), the Venetian, Wynn Resorts, Limited (NASDAQ:WYNN), Galaxy Entertainment Group Limited (HKG: 0027), and City of Dreams.
http://www.wallstreetnewscast.com/news/2012/may/elra-1843.html
ELRA
South Street Media only has restricted shares, they can't be selling yet.
http://southstreetmedia.com/disclaimer.html
Go $PERL!!
Aaaaaand we just hit the 1 hr ticker buzz cloud and are #29 on the breakout boards!
Go $PERL!! Run with this one!!!!
Yeah, and it has a low float and huge revenue! $PERL is just the perfect hidden gem! You don't see a lot of this in the pink world, a great real company!!
Go PERL!!
Not quite sure, but I'll take it! I'm hoping perhaps this could get more eyes on the company, and it looks like maybe it has!
Go PERL!!
$PERL 009 Upgrade to .10 to .15 (read)
Perla Group (PERL) Target Upgraded to .10 to .15 per share
(NEW YORK)--Ludlow Capital, an equity research firm based in New York City, upgrades its research opinion on Perla Group International Inc. (Pink:PERL), a leader in the international military, police and security solutions sectors, with a price target of $0.10 to $0.15 per share.
Research Highlights
- 2011 Revenues of $3.1 million, Profitable
- Already has Doubled 2011 Revenues
- $6.25 Million Purchase Order
- Military Contracts
- Shares Reduced by 55%
- Tight Public Float
2011 Earnings, Profitable
The Company is an operational and global provider of security and military equipment and solutions. For the year ending Dec. 31, 2011, the company reported total revenues of $3,126,708, and net income profit of $361,373. For the ending period, the company reported it was cash-flow positive at the end of the fiscal year.
So far, for the first few months of 2012, the Company has already reported $7 million in purchase orders, which is more then double all of 2011 total revenues.
On a rough bases, PERL generates around 20% of their total revenues into net income profit to their bottom line, give or take. The short=fall in Q4 20111 was due to a one time charge for equipment, and misc, but on a whole they generate net income of a 20% to 30% bases.
Thus, if the Company has already generated around $7 million in new purchase orders, that would equate to around $1.4 million in potential net income profit. With only around 224 million shares issued and outstanding, that would come out to roughly a $0.006 EPS for the company currently, on a general estimate.
If you give PERL a PE of say 10 to 15, which is still considered conservative for a fast growing small cap company, that would come out to a current valuation of around $0.06 to $0.09 per share, as of right now.
I have no idea! We should be exploring penny land right now!
Ludlow Research Issues Upgrades on PERL and ECDC
By: staff reporter, John Bodger
Last Updated: April 30, 2012 - 8:30pm EST
(NEW YORK)--Ludlow Capital, an equity research firm based out of New York City, issued research upgrades on East Coast Diversified Corp. (OTC:ECDC), and Perla Group International, Inc. (Pink:PERL).
Perla Group International (PERL), a leader in the international military, police and security solutions sectors, was upgraded with a short-term price target of $0.06 to $0.09 per share.
For the first few months of 2012, the Company has already reported $7 million in purchase sales orders, which is more then double all of 2011 total revenues of $3.1 million. On a rough bases, PERL generates around 20% of their total revenues into net income profit to their bottom line, give or take.
Thus, the Company has already generated around $7 million in new purchase sales orders in 2012, which would equate to around $1.4 million in potential net income profit for the company. With only around 224 million shares issued and outstanding, and current net profit in the $1.4 million range, that would come out to roughly $0.006 EPS for the company currently. If given a PE of say 10 to 15, which is still considered conservative for a fast growing small cap company, that would come out to a valuation of around $0.06 to $0.09 per share, currently. PERL was last traded at $0.0075 per share. (read full report)
East Cost Diversified Corp (ECDC), through its operational subsidiary Earthsearch Communications, develops a number of GPS and social networking web and mobile applications. The Company's recent $2.5 million in equity institutional backing clears the way for the company to now execute on their business plan by rolling-out their social network web and mobile applications, and closing on larger GPS/RFID orders.
Recent valuations from Yahoo's $20 million acquisition of IntoNow, a competitive second screen TV-app such as Rogue Paper's TV-Tune In, which is now a subsidiary of Earthsearch, gives the company an immediate valuation boast. Add in the clearance of notes payable, conversion levels on recent financing no less then $0.013, and improving earnings outlook, ECDC is primed for a breakthrough of its 200-day moving average.
This, Ludlow Capital upgraded its short-term price target late Friday on ECDC to around $0.02 to $0.03 per share, with a mid-term target in the $0.05 to $0.08 range, conservatively.
Ludlow Equity Research is a New York based equity research firm focused on providing our clients, and individual readers, with in-depth research coverage and opinions on the small-cap securities market. For over 14 years we have aimed to providing our subscribers a simple way of evaluating the current and potential value of small-cap stocks, and any risks that may effect those valuations going forward. Our goal is to provide traders with an easy way to make investment decisions based on current and future valuations. Ludlow Equity Research is a division of Ludlow Capital, Inc. www.ludlowresearch.com
$PERL is seeing some great volume today! Are we moving again??? :D
This is flyyyyyyyyyyyyyyyyyyyyyin'!!!!!
Right back at ya! Cheers!
$LBGE Readies for Name & Symbol Change, Breaking 200-day
(NEW YORK)--Creative Energy Nutrition, Inc, which trades under the name Laufer Bridge Enterprises (Pink:LBGE), is now set to conduct a name and symbol change to the publicly traded common stock, and readies launch of promotion news campaign.
Highlights
- Recently brought company 'current' on OTC Markets
- Changed company name to Creative Edge Nutrition with the State of Nevada late last week
- Stock breaking through 200-day moving average
- Rumors of merger/acquisitions post name change
- Tight public float
Name and Symbol Change Pending
Late last week the Company changed its name with the State of Nevada from 'Laufer Bridge Enterprises' to 'Creative Edge Nutrition, Inc' to better reflect their new business in the sports nutrition market. This name change on the State corporation side now allows the company to file with FINRA to conduct a name and symbol change, which usually is approved several business days following the change on the state corporate side.
Why is this important? The Company just recently brought the company 'current' with OTC Markets, and with a name and symbol chnage now about to happen, the prospects for multiple releases ranging from worldwide product launch, to possible merger with the new clean company have increased.
Giving this name/symbol change could happen anyday now, and the stock is starting to break through its 200-day moving average, this may be one of the last few times you may be able to grab some LBGE under $0.01 before it starts to run.
Last Traded: $0.0072
WSNC Profile
www.wallstreetnewscast.com/profile/lbge.html
About Wall Street Newscast
Located in New York City, WallStreetNewscast.com (WSNC) has been providing Wall Street investor presentations for both public and private companies since 1998. WSNC offers a wide-range of services to companies and investor relation professionals to discuss their recent news announcements, earnings reports, and corporate events to a diverse network of individual and institutional investors on Wall Street. www.wallstreetnewscast.com
Register online for our free traders newsletter at
www.wallstreetnewscast.com/form/newsletter.html
Here come's penny land!!!
LBGE Readies for Name & Symbol Change, Breaking 200-day
(NEW YORK)--Creative Energy Nutrition, Inc, which trades under the name Laufer Bridge Enterprises (Pink:LBGE), is now set to conduct a name and symbol change to the publicly traded common stock, and readies launch of promotion news campaign.
Highlights
- Recently brought company 'current' on OTC Markets
- Changed company name to Creative Edge Nutrition with the State of Nevada late last week
- Stock breaking through 200-day moving average
- Rumors of merger/acquisitions post name change
- Tight public float
Name and Symbol Change Pending
Late last week the Company changed its name with the State of Nevada from 'Laufer Bridge Enterprises' to 'Creative Edge Nutrition, Inc' to better reflect their new business in the sports nutrition market. This name change on the State corporation side now allows the company to file with FINRA to conduct a name and symbol change, which usually is approved several business days following the change on the state corporate side.
Why is this important? The Company just recently brought the company 'current' with OTC Markets, and with a name and symbol chnage now about to happen, the prospects for multiple releases ranging from worldwide product launch, to possible merger with the new clean company have increased.
Giving this name/symbol change could happen anyday now, and the stock is starting to break through its 200-day moving average, this may be one of the last few times you may be able to grab some LBGE under $0.01 before it starts to run.
Last Traded: $0.0072
WSNC Profile
www.wallstreetnewscast.com/profile/lbge.html
About Wall Street Newscast
Located in New York City, WallStreetNewscast.com (WSNC) has been providing Wall Street investor presentations for both public and private companies since 1998. WSNC offers a wide-range of services to companies and investor relation professionals to discuss their recent news announcements, earnings reports, and corporate events to a diverse network of individual and institutional investors on Wall Street. www.wallstreetnewscast.com
Register online for our free traders newsletter at
www.wallstreetnewscast.com/form/newsletter.html
Just got a tweet from South Street Media!
$PERL, confirms float is 39.5 mill, of which 13.5 mill is held by one investor, in cert, and not in the market
very cool!
LBGE Readies for Name & Symbol Change, Breaking 200-day
(NEW YORK)--Creative Energy Nutrition, Inc, which trades under the name Laufer Bridge Enterprises (Pink:LBGE), is now set to conduct a name and symbol change to the publicly traded common stock, and readies launch of promotion news campaign.
Highlights
- Recently brought company 'current' on OTC Markets
- Changed company name to Creative Edge Nutrition with the State of Nevada late last week
- Stock breaking through 200-day moving average
- Rumors of merger/acquisitions post name change
- Tight public float
Name and Symbol Change Pending
Late last week the Company changed its name with the State of Nevada from 'Laufer Bridge Enterprises' to 'Creative Edge Nutrition, Inc' to better reflect their new business in the sports nutrition market. This name change on the State corporation side now allows the company to file with FINRA to conduct a name and symbol change, which usually is approved several business days following the change on the state corporate side.
Why is this important? The Company just recently brought the company 'current' with OTC Markets, and with a name and symbol chnage now about to happen, the prospects for multiple releases ranging from worldwide product launch, to possible merger with the new clean company have increased.
Giving this name/symbol change could happen anyday now, and the stock is starting to break through its 200-day moving average, this may be one of the last few times you may be able to grab some LBGE under $0.01 before it starts to run.
Last Traded: $0.0072
WSNC Profile
www.wallstreetnewscast.com/profile/lbge.html
About Wall Street Newscast
Located in New York City, WallStreetNewscast.com (WSNC) has been providing Wall Street investor presentations for both public and private companies since 1998. WSNC offers a wide-range of services to companies and investor relation professionals to discuss their recent news announcements, earnings reports, and corporate events to a diverse network of individual and institutional investors on Wall Street. www.wallstreetnewscast.com
Register online for our free traders newsletter at
www.wallstreetnewscast.com/form/newsletter.html
Nice! The word is getting out! Go $PERL!
Does anyone have the PERL share structure?
PERL DD:
Business Description:
Perla Group International is an emerging leader in the international military, police and security solutions sectors. It was established with the vision to become the industry's leading turnkey solutions developer and services provider. Perla Group's success is built on a combination of the trust, backing and support of top industry specialists and a talented team's unwavering commitment to service excellence. With its four divisions; Perla Telecoms, Perla Aviation, Perla Armored Cars and Perla K-9 Services, it places Perla Group in a unique position to service many of its existing clients with multiple value added services and thereby attract key new clients
Company Info:
4737 N. Ocean Drive
Fort Lauderdale, FL 33308
Website: http://www.perlagrp.com
Phone: 954-903-1966
Email: info@perlagrp.com
Reasons why It looks attractive at this level:
Low floater, O/S Reduction, New Contracts signed, R/M in Progress, Profitable sub penny company (very rare)
1. Low Floater:
Market Value1 $1,117,014 a/o Mar 15, 2012
Shares Outstanding 223,402,805 a/o Sep 30, 2011
Float 19,747,514 a/o Jun 30, 2011
Authorized Shares 450,616,368 a/o Jun 27, 2011
Par Value 0.01
2. O/S Reduction:
Perla Group Reduces Outstanding Shares by 55% 01/25/2012 - http://ih.advfn.com/p.php?pid=nmona&article=50892875
3. New Contracts signed:
11/9/2011 Perla Group Signs $1.8Mill Contract for Sale of AK1-3 Helicopters - http://ih.advfn.com/p.php?pid=nmona&article=49868124
3/5/2012 Perla Group Discusses $665,000 in New Armored Car Contracts - http://ih.advfn.com/p.php?pid=nmona&article=51489881
As per Feb 29, 2012 PR: The company has also received 2 new armored vehicle contracts for February 2012. These contracts expected to be completed in March and April 2012
totaling $665,000.00. The company is now looking to expand on its existing client base, and looking to acquire new assets within the armored vehicle industry.
The armored vehicle market, is now worth over $12Billion USD, and growing, according to industry reports.
Reference: http://www.visiongain.com/Report/596/The-Armoured-Vehicles-Market-2011-2021
4. R/M in progress:
As per Feb 29. 2012 PR http://ih.advfn.com/p.php?pid=nmona&article=51426712
The company is in the process of reviewing information on 2 possible acquisition targets for its aviation division. These companies operate in the aviation MRO/FBO industries, and are based in the USA. An acquisition in this area will further enhance the company's target of establishing the AK1-3 helicopter well into the USA and Latin American markets.
5. Revenue:
Look at the last 10-Q report filed in Feb, 2012 http://www.otcmarkets.com/financialReportViewer?symbol=PERL&id=73235
Revenue: 1 Million and Net Profit: 250K. This is only last quarter results. Also new contracts signed will be refelected in the next 10-Q.
6. Valuation
As per the recent filngs, Net profit for 9 months is 900K. With new contracts signed in the last two quarters revenue for this quarter will be more. But to be conservative, lets assume annual profit is $1.2 million.
EPS: $1.2 million / 220 million Shares = 0.0055
At P/E = 10, the PPS should be 0.055
At P/E = 20, the PPS should be 0.11
This is a growing company and the valuation should be based on the Forward P/E.
We're on the 1hr ticker buzz cloud! Now we just need some volume! C'mon!
Go PERL!!
Yeah! $PERL is looking fantastic! We're never going to see it this cheap again!
Absolutely! $PERL has a target price of .09 to .15
Indeed, $PERL really should be at .03 at least right now, and it shall be soon, imo