Weekly Update 11-23-2007
From: Editor@ShellStockReview.com (Editor@shellstockreview.com)
Sent: Sat 11/24/07 7:42 PM
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Weekly Update 11-23-2007
ShellStockReview.com
Reporting on Shell Stocks, SPAC's, Reverse Mergers, and the Alternative IPO Market since September 2000.
The information presented in this Update is NOT intended as an indicator to buy/sell these stocks. It is only intended to inform users about stocks that have activity on the ShellStockReview.com website.
UPDATES
EXTL - ExperTelligence, Inc. (OTCBB: 1.25 x 20.00): Reverse Split 11/19/2007.
EDITOR’S NOTES: from their SEC filings, OTCBB website: 1 for 200 reverse split. Outstanding shares now 104,124.
FFBU - Fit For Business International Inc. (OTCBB: 0.011 x 0.012): added 11/19/2007. SEC Filings
EDITOR’S NOTES: from their SEC filings, Assets:$234k, Debts: $856. This letter of intent expired in October 2007, and the Company is currently seeking other candidates with which to facilitate a merger, acquisition or other combinational transaction. As of November 15, 2007: 28,280,006 shares of Common Stock issued and outstanding.
BKFG - BKF Capital Group Inc. (OTCBB: 2.12 x 2.13): added 11/21/2007. SEC Filings
EDITOR’S NOTES: from their SEC filings, Assets:$28.1mil (Cash * equivalents $24.4mil), Debts: $7.3mil. As previously disclosed, the Company has been evaluating strategic alternatives. Currently, the Company has two options: erging with, acquiring or commencing a business potentially being funded by a capital raising event; or Liquidating the Company and distributing a portion of the Company’s remaining cash to stockholders. As of November 1, 2007, 7,973,216 shares of the registrant’s common stock, $1.00 par value, were outstanding. Harvey J. Bazaar, CEO.
MNDL - Mandalay Media Inc. (OTCBB: 2.90 x 3.50): Symbol/Name change 11/21/2007.
EDITOR’S NOTES: from OTCBB website: Symbol/name change from MVSI - Mediavest, Inc.
ALERTS
NDPD - New Paradigm Productions Inc. (OTCBB: 4.75 x 11.00): Reverse Merger 11/23/2007. SEC Filings
EDITOR’S NOTES: from their SEC filings and Press Release, they entered into a share exchange agreement with Nice Enterprise Trading H.K. Co., Ltd., a Hong Kong company, a holding company whose primary business operations are conducted through their direct, wholly owned subsidiary, Nice Enterprise, and its subsidiaries - Rixiang, Jixiang and Mingxiang. They engage in the business of processing, distribution and sale of processed seafood products, as well as the sale of marine catch. Their objective is to establish themselves as a leading producer of processed seafood products in the PRC and overseas markets. Nice Enterprise currently employs over 600 people, and sells its products through a distribution network consisting of 59 distributors and 1,200 retail points located in various provinces throughout the PRC. For the twelve months ended December 31, 2006, Nice Enterpr! ise reported consolidated net sales of approximately $27.4 million and consolidated net income of approximately $7.0 million.
OTHER
SINB - Sino-Biotics Inc. (OTCBB: 0.02 x 0.025): Proposed Reverse Split. SEC Filings
EDITOR’S NOTES: from their SEC filings, several corporate actions proposed including a 1 for 1000 reverse split. As of the Record Date, November 20, 2007, there were approximately 29,565,014 shares of our common stock outstanding.
DISCLAIMER
Not a recommendation to buy, sell, or hold EXTL, FFBU, BKFG, MNDL, NDPD, SINB. The ShellStockReview.com Editor holds shares in EXTL, FFBU, BKFG, MNDL purchased on the open market. The ShellStockReview.Com Editor does not own shares in NDPD, SINB. The ShellStockReview.Com Editor has not received any compensation or shares to issue this UPDATE on EXTL, FFBU, BKFG, MNDL, NDPD, SINB.
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