Janel Corp (JLWTD)

[broadviewtech]

Keeping an Eye on Janel World Trade (OTCBB: JLWT) $7M

(MarketCapDate: May 15, 2010 12:32 PM
Publisher: Tom Copeland
Categories: US Markets
Tags: China, JLWT, OTCBB, World Market Media
There are haunting issues concerning industrial expansion in China and unparallel population growth that goes well beyond the scope of this article, but how refreshing is it to know that logistics, business outsourcing, and project management firm Janel World Trade is tackling one of them? The explosion of algae and its related problems is the imperative issue facing Lake Tai, a body of water the size of Lake Huron and the primary source of drinking water for the city of Shanghai. The algae problem impacts other major sources of drinking water in China and around the globe and shows no signs of subsiding.

The Company announced on January 28th, 2010 they had completed a comprehensive and successful test on the effectiveness and safety of Clear Blue 104™ as an effective algaecide and bactericide in live lake conditions during 2009. This testing was to be the first step towards being awarded a grant from the United States Trade and Development Agency to launch a pilot project at Lake Tai, within a time frame according to the press release, “in the spring of 2010”. Successful completion of the pilot program could result in more grants funding to implement Clear Blue in other affected areas around the world, a product that The Company owns the sole rights to. The pilot test is expected to only take a few weeks to complete then verify for results. The Company has spent nearly two years in development and preparation for this project and the Chinese government has made it clear addressing the algae issue is a top priority, evidenced by The World Bank pledging financial support for the environmental cleanup and universal access to clean water.

Janel will likely give positive updates regarding the progress of the pilot program during their first quarter 2010 earnings release expected soon based on previous filing periods.

Recruiting Top-Level Talent
On Thursday, May 13th, 2010, Janel had announced that they had acquired Ray Tobia of Air Sea International Forwarding Inc., to join The Company’s domestic operations. Mr. Tobia was recruited through an exclusive search agreement The Company has with Corporate Search America (CSA), a top executive search firm. The Company will continue its executive search efforts to establish and expand its books of business so they may enter new markets and capitalize on the opportunities the forecasted period of increased US exports will bring.

Janel has made it clear that the goals of the executive search efforts are focused primarily on creating top-line revenue growth, but most importantly, on strengthening and increasing gross margin on its mix of import and export ocean, airfreight and customs clearance brokerage business. The Company has outlined its expectations for Mr. Tobia and his group to generate $1.5-$2 million in annual top-line revenue with a widely improved gross margin of 30% while utilizing Janel's worldwide network.

Link: http://www.worldmarketmedia.com/779/sect...