Monday, October 02, 2006 8:56:57 AM
Oct 02, 2006 (M2 PRESSWIRE via COMTEX) -- The Dean's List for September 30,
2006 is: Biotel Inc. (OTC: BTEL), Pilgrim Petroleum Corp. (OTC: PGPM), Fire
Mountain Beverage Company (OTC: FBVG), TransAKT Ltd. (OTC:TAKDF), Foldera Inc.
(OTC: FDRA), and Ortec International, Inc. (OTC: OTCI)
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The Dean's List for September 30, 2006
Biotel Inc. (OTC: BTEL) http://finance.yahoo.com/q?s=BTEL.OB
On Friday BTEL announced revenues for the year ended June 30, 2006 of
$10,223,000 versus $10,169,000 for the year ended June 30, 2005. Biotel also is
reporting net income of $452,000 for the year ended June 30, 2006 versus net
income $444,000 in the preceding year. For the three months ended June 30, 2006,
Biotel recorded revenues and net income of $2,735,000 and $27,000, respectively,
versus revenues and net income of $2,833,000 and $215,000 for the three months
ended June 30, 2005.
Pilgrim Petroleum Corp. (OTC: PGPM) http://finance.yahoo.com/q?s=PGPM.PK On
Friday PGPM announced the company's projected EPS (Net Earnings / Outstanding
Shares) $102,370,000/358,841,164 of 0.29 based on Pilgrim's Future Net Revenues
estimations. Thus, the resulting EPS multiplied by a sustainable growth rate of
25% and multiplied by the average industry P/E ratio of 14.79 (Reuters),
Pilgrim's intrinsic value or estimated stock value should be worth $1.055 per
share. This assessment doesn't include all of Pilgrim Petroleum properties, only
those in Wichita and Archer counties. We will disclose results next quarter for
the rest of our properties.
Fire Mountain Beverage Company (OTC: FBVG) http://finance.yahoo.com/q?s=FBVG.PK
On Friday FBVG announced that October 2, 2006 is the record date for investors
of record to qualify for the Company's stock dividend. The Pay Date for this
dividend will be 10 days following the record date or October 12, 2006.
TransAKT Ltd. (OTC:TAKDF) http://finance.yahoo.com/q?s=TAKDF.OB
On Friday TAKDF announced that all conditions to close its previously announced
proposed acquisition of Taiwan Halee International Co. Ltd. (HTT) have been met,
and the formal closing in Taiwan is due to occur. HTT is a leading manufacturer
of telecommunications equipment, including specialized VoIP-compatible DECT
phone systems (digital cordless phone systems including 1.8GHz,1.9GHz, 2.4GHz
and 5.8GHz). The Company is the exclusive Taiwanese distributor for Sanyo and
Siemens, a distributor for Panasonic and Sharp and an authorized agent for
Brother and Vito.
Foldera Inc. (OTC: FDRA) http://finance.yahoo.com/q?s=FDRA.OB
On Friday FDRA and The World Technology Network (WTN) announced that Richard
Lusk, CEO and Founder of Foldera, is a finalist for a prestigious World
Technology Award as one of the most innovative members of the world of
technology. The World Technology Awards are to be presented at San Francisco
City Hall on November 3rd, at the close of the 2006 World Technology Summit,
which is being held in association with TIME magazine, CNN, Science magazine,
Dow Chemical Company, and the New York Stock Exchange (NYSE).
Ortec International, Inc. (OTC: OTCI) http://finance.yahoo.com/q?s=OTCI.OB On
Friday OTCI announced that the Company has been notified by the Food and Drug
Administration (FDA) that its HDE Supplement is approvable subject to an
inspection by the FDA of its commercial manufacturing facility. In July 2006
Ortec submitted an HDE Supplement application requesting FDA approval to market
cryopreserved OrCel(R), its lead product, for use in Epidermolysis Bullosa (EB)
patients who suffer from Recessive Dystrophic Epidermolysis Bullosa (RDEB)
undergoing hand reconstruction, a well as to cover donor sites (the area from
where skins was removed from another part of the patient's body) created during
the surgery. RDEB, the most severe form of Epidermolysis Bullosa (EB), is a
devastating congenital skin disorder characterized by painful ulcerations and
widespread, permanent scarring resulting in deformity of the hands and feet
which require repeated surgeries and result in a need for replacement skin, such
as OrCel(R).
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