Wall Street News Alert: Wall Street News Alert: Breaking News: OLB Group -- October 9, 2009
Friday, Oct 09,2009, 9:31:00 PM Click:
Wall Street News Alert's "stocks to watch" this morning are: OLB Group, Inc. (OTCBB: OLBG), Zoom Telephonics, Inc. (OTCBB: ZMTP), Silver Falcon Mining, Inc. (OTC: SFMI) and Stem Cell Therapy International, Inc. (OTCBB: SCII).
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Yesterday after the markets closed, OLB Group, Inc. (OTCBB: OLBG) issued a press release was issued announcing that it is expanding the extensive worldwide distribution channels of ShopFast software by licensing the innovative software package to different countries which will result in accelerating sales of the company's turn-key business websites.
As a marketing tool for business opportunity, the licensing of the ShopFast software market has the potential of generating instant, and significiant, revenues for the company. As well as an upfront setup and modifications source, countries that license our software will be able to engage their own local distribution of a product source. As well as their store owners will be able to sell their own products.
Mr. Ronny Yakov, CEO of OLB Group Inc., said, "We expect to sign up one to two countries each quarter over the next two years. OLB Group offers individuals a robust, turnkey solution to opening an online business with the added benefit of health insurance for the business owners. Our depth of product offerings is without parallel in both scope and pricing. From cosmetics to DVD's and travel, OLB Group can assist the entrepreneur in starting a business that provides a good income for the hard working owner and a product and service list for the consumer."
The stock closed yesterday at Nine cents a share.
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Zoom Telephonics, Inc. (OTCBB: ZMTP) up 87.5% on 361,000 shares traded.
On Oct 08, 2009 Zoom Telephonics, Inc. recently announced the first volume shipments of the Zoom 3G Wireless-N Travel Router, Model 4506. Almost any 3G mobile broadband modem can be plugged into the router to instantly create a WiFi(R) compatible Hotspot for a wide range of devices including Windows(R) and Macintosh(R) computers, the iTouch(TM) and Blackberry(R), mobile phones, barcode readers, and game stations. The shirt-pocket-sized router operates on either its rechargeable batteries or its AC adapter. Model 4506 has an estimated U.S. retail of $99 and represents a significant new price point for 3G wireless-N travel routers.
The Travel Router provides easy sharing of a 3G connection anywhere a 3G mobile broadband modem works -- office, home, work site, trade show, airport, hotel, park, beach, or almost anywhere. The Travel Router connects to the Internet through a plug-in 3G USB modem, and provides Internet access for up to 253 devices simultaneously through the Router's wireless n/g/b network or a wired Ethernet connection.
Zoom's Travel Router even lets a user's WiFi compatible devices go where 3G signal strength is low. A user can put the Travel Router and 3G modem where 3G signal strength is high, and then connect to WiFi compatible devices through the router's extended-range wireless-N capability. Model 4506 is compatible with almost every USB mobile broadband modem model ever built. A modem compatibility list is at www.zoom.com/travelrouter/comp
When powered by its built-in rechargeable lithium-ion batteries, the Travel Router lets a user stay on-line for 3 hours or more, depending on usage. Model 4506 also works and recharges when its small power cube is plugged into a power outlet.
The Travel Router can even be used as a router for DSL and Cable modems, with automatic broadband backup if a 3G USB modem is plugged in.
Zoom Telephonics, Inc. designs, produces, and supports 3G modems and routers, ADSL modems and gateways, cable modems, dial-up modems, Voice over IP adapters and gateways, Bluetooth products, and other communications products under the Zoom, Hayes and Global Village brands. For more information about Zoom and its products, please see www.zoom.com, or contact Terry Manning, Email: terrym@zoom.com, phone: 617-753-0087.
Silver Falcon Mining, Inc. (OTC: SFMI) up 44% on 4.9 million shares traded.
On Oct 08, 2009 Silver Falcon Mining, Inc. recently announced that the Owyhee Board of Commissioners, at its regularly scheduled meeting on October 7, 2009, granted the Company's request to change its 100% owned Diamond Creek Mill, property's zoning, to a "MINERAL PROCESSING PROPERTY" zone. Mr. Pierre Quilliam, President of Silver Falcon Mining, Inc., said, "With Gold once again hitting historic highs above $1050, this zoning change is an historic event for the company. Our gold mill site is zoned properly for future production of precious metal concentrates. The Company can now finally assemble its mill circuit components on-site at an accelerated pace on its Diamond Creek Mill property/ facility."
Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America.
Stem Cell Therapy International, Inc. (OTCBB: SCII) up 35.4% on 3.1 million shares traded. On Oct 08, 2009 Stem Cell Therapy International, Inc. recently announced that its soon to be subsidiary, Histostem Ltd. of South Korea ("Histostem"), has been awarded U.S. Patent Number 7,582,477 B2, entitled "Method of Isolating and Culturing Mesenchymal Stem Cell Derived from Cryopreserved Umbilical Cord Blood." This patented method is utilized across the company for research, clinical and cosmetic applications. The method is central to obtaining the primary ingredients in the development and manufacturing of the Company's Stem Cell Facial Cream, as well as for previous and anticipated future clinical trials.
David Stark, Stem Cell Therapy's President and CEO, stated, "Amstem, which will be the new merged company, has a unique three pronged platform in the regenerative market with the world's largest fully accredited public cord blood bank, a lab dedicated to clinical development of stem cell therapies for unmet medical needs, as well as compelling consumer products preparing for international distribution. Of particular relevance is its use in the development and manufacturing of our Stem Cell Facial Cream, which is used to rejuvenate the skin. The cream's active ingredients include Human Stem Cell Conditioned Media (HSCM), which are proteins created during the culture of stem cells using Histostem's patented method. The Stem Cell Cream helps to recover the function of the skin's own stem cells, thereby vitalizing the natural fibroblasts of the skin."
Dr. Hoon Han, President and Founder of Histostem Ltd. and the holder of the patent, commented, "This product has been used in Korea and throughout Asia for over 2 years, with documented safety and positive results. We are pleased to receive this patent award as a testament to all our years of work on this project. We are now ready to offer this product to the rest of the world, through AmStem Corporation." The patent, issued on September 1, 2009, included this description in its abstract: "The present invention relates to a method of isolating and culturing mesenchymal stem cells using cryopreserved umbilical cord blood that is the most ideal for cell therapy." Dr. Han explains, "This method provides our stem cell cream with a very robust active ingredient, and also bodes well for our many clinical trials regarding incurable diseases."
"We are actively exploring partnering opportunities with U.S. and E.U. distribution partners. Given our proven market presence in Asia, proprietary supply chain, GMP-approved manufacturing facility, and promising study results, the response has been extremely positive," stated Mr. Stark. With this patent added to Histostem's stable of proprietary technology, clinical trials will be upgraded immediately, leveraged by the vast experience of Mr. Stark and his colleagues, who have a combined 30 years experience in international regulatory affairs. New and improved trials will be run in South Korea by AmStem; under strict guidance of the KFDA, and in adherence to ICH guidelines, as part of a 2-year plan to validate earlier, successful outcomes in Histostem trials.
Stem Cell Therapy International, Inc. is in the field of regenerative medicine. SCII (soon to have its name changed to AmStem Corporation) is a company devoted to the treatment of patients with stem cell transplantation therapy as well as providing the supplies of biological solutions containing new lines of stem cell products.
Market Commentary: The dollar has lost value to other major currencies as the federal government pumped money into stimulus programs. It took another hit this week on rumors that some countries -- including China, Russia, Japan and France -- were in talks to move away from using the dollar in oil trading.
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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its' Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has not been compensated for current services performed for OLB Group, Inc. (OTCBB: OLBG). However, WSCF may receive compensation for future services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.
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