Pick six rationale. Two technology companies (MVDX.ob, SOYO.ob), one Gold stock (DGRI.pk), One Natural Gas play (TMR), one hurricane play (IPII) and one green play (TSTS.ob). A lot of diversification with the summer months having the potential to be slow for Microcaps. Best news was 5 out of 6 were down on Friday.
MDVX.OB $1.75 Modavox, Inc. (www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
Reason for entry. The online video industry is growing at a huge pace. Modavox is already a profitable company in this space and their VoiceAmerica network has grown to over 5M unique viewers/month. Their IP has potentially been infringed on by some of the largest internet companies for the last 4 years.
DGRI.PK $1.43 Dutch Gold Resources, Inc. (Other OTC:DGRI.PK - News), a developer and operator of proven gold mines and a regional mill in North America.
Reason for entry. Will become fully reporting in the next month. Currently doing over 1000 oz/month. Have hit free gold. Currently drilling Benton mine and expect large increase in reserves. Gold Bug mine could double reserves.
IPII $12.11 Imperial Industries, Inc., a building products company, sells products throughout the Southeastern United States with facilities in the States of Florida, Georgia, Mississippi and Alabama.
Reason for entry. Low float potential Hurricane play.
SOYO.OB $0.54 SOYO Group, Inc. a provider of LCD TV's, LCD Monitors, Portable Storage, Bluetooth and Home Theater Furniture.
Reason for entry. They are in an interesting space that is going to continue to grow.
TMR $2.72 The Meridian Resource Corporation is an independent oil and natural gas company engaged in the exploration for and development of oil and natural gas in Louisiana, Texas, Oklahoma, Kentucky and the Gulf of Mexico.
Reason for entry. Potential Natural Gas play if summer months are unusually warm.
TSTA.OB $1.00 TurboSonic Technologies designs and markets air pollution control technologies to industrial customers worldwide. Its products are designed to meet and exceed the strictest emissions regulations, improve performance, and reduce operating costs.
Reason for entry. Interesting space. Business will only continue to grow. Current price makes it a good selection.
First Dutch Gold Dore Bar
