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AGORACOM Small-Cap TV – 8 Great Press Releases At The Open (May 14th)

Posted by AGORACOM at 9:47 AM on Wednesday, May 14th, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s May 14th and we’ve found 8 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

(more…)

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Inflation Numbers Are WAY Off … And The Government Knows It

Posted by AGORACOM at 8:26 PM on Tuesday, May 13th, 2008

If you listen to inflation figures reported in both Canada and the US, you wonder one of two things:

  1. Life sure seems a lot more expensive for me..what am I doing wrong?
  2. The Government is on crack!

For the record, I’m in camp #2. Come on! Gas and food prices are through the roof and the government tries to tell citizens that inflation is under control?

In Canada, they attributed much of this to the fact that the price of cars dropped by 7.1%, which only applies to that small percentage of consumers buying or leasing a car this year. What about everybody having to pay astronomically higher prices to fill up their cars?

In the US, my friend Barry Ritholtz demonstrates how the CPI (Consumer Price Index) is incorrect … no, WAY OFF. You can view the complete article here but here is the key point:

“…for 80% of the country’s populace, the CPI weightings are dramatically understates what the average American is experiencing in terms of their inflation versus the official CPI measure.“

WHY?

I’m not about to point to conspiracy theories, blah, blah, blah but politics means never telling people the truth when it hurts.

Interestingly enough, my father had a pretty interesting point of view on the underreporting of inflation as well. Specifically, higher inflation leads to higher wages, especially government employees that will demand to keep up with the rate of inflation. Imagine what that would do to government deficit targets?

Hmmm.

Regards,
George

Posted in All Recent Posts, US Economy | Comments Off on Inflation Numbers Are WAY Off … And The Government Knows It

Omagine (OMAG:OTCBB) – $US 1.5 Billion Oman Real Estate Project Just Weeks Away

Posted by AGORACOM at 11:09 AM on Monday, May 12th, 2008

Good morning to you all. Following in the footsteps of the Dubai real estate success story, Omagine, Inc. (OTCBB: OMAG) announced today that the Government of Oman approved commercial terms for the Omagine Project – a $1.5 billion + real estate project in Oman. View the press release here.

The project has been in the works for a while and has received plenty of attention from the media during that time. However, closing now appears imminent, which would be a big coup for Omagine and great for small-cap / micro-caps everywhere. I say imminent based on the comments of Omagine President, Frank Drohan, from today’s press release:

“Our attorneys are now concluding the Development Agreement with the Ministry of Tourism and we and the Government look forward to signing it within the next several weeks.”

HIGHLIGHTS

Here are some of the highlights of the project:

  • As presently planned, the Omagine Project will be located on approximately one million square meters of beachfront land facing the Gulf of Oman just west Muscat — the capital city of the Sultanate of Oman and near Muscat International Airport.
  • includes several hundred thousand square meters of residential property that will be developed for sale and significant commercial, retail and hospitality elements are also included.
  • The Omagine Project is expected to take between 4 to 5 years to complete. The projected financial model presently predicts an internal rate of return (“IRR”) for the Omagine Project of 20%
  • Net positive cash flow in excess of USD $600 million (the “Projected Cash Flow”) over the five year period immediately subsequent to the signing of the Development Agreement. As of the date hereof, the “net-present-value” of such Projected Cash Flow is projected to be approximately USD $300 million.
  • Omagine owns 58% of the project.
  • Consolidated Contractors Company Oman LLC (CCC), which is the local Omani subsidiary of Consolidated Contractors Group S.A.L., will be responsible for all construction activities. Consolidated Contractors Group SAL (CCG) is a worldwide organization with $5 billion in revenue and employs approximately 125,000 people.
  • An investment arm of CCG will invest $US$49,426,000 in exchange for a 12% equity stake.

Omagine closed at $US .90 on Friday and is now trading at $1.10 as of 11:30 AM. At that price, Omagine has a market cap of ~ $US 50,000,000.

DISCLOSURE: Omagine is an AGORACOM client, so assume we are completely conflicted and conduct your own due dilgence.

Regards,
George

Posted in All Recent Posts | Comments Off on Omagine (OMAG:OTCBB) – $US 1.5 Billion Oman Real Estate Project Just Weeks Away

AGORACOM Small-Cap TV – 8 Great Press Releases At The Open (May 12th)

Posted by AGORACOM at 8:27 AM on Monday, May 12th, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s May 12th and we’ve found 8 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

(more…)

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AGORACOM Small-Cap TV – 4 Great Press Releases At The Open (May 9th)

Posted by AGORACOM at 8:11 AM on Friday, May 9th, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s May 9th and we’ve found 4 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

(more…)

Posted in AGORACOM Small-Cap TV, All Recent Posts | Comments Off on AGORACOM Small-Cap TV – 4 Great Press Releases At The Open (May 9th)

SEC Charges 14 In $64 Million Penny Stock Scam

Posted by AGORACOM at 5:56 PM on Monday, May 5th, 2008

When are they going to learn? The SEC issued the following press release, which is summarized as follows:

The Securities and Exchange Commission today charged 11 individuals and three companies, alleging they conspired to illegally issue and sell unregistered stock in a purported diamond and gold mining company and lined their pockets with more than $64 million from 40,000 investors nationwide.

Also of note was the following quote:

Linda Chatman Thomsen, Director of the SEC’s Division of Enforcement, said, “The perpetrators of this massive scheme include several securities professionals and an attorney. Today’s action demonstrates that we will aggressively pursue individuals who ignore their obligations as gatekeepers to our markets and instead collude with their clients to violate the federal securities laws.”

Guys, give it up.  The SEC is cracking down and taking names.  Time to start using some real IR tactics that actually get results and don’t land you in jail.

Final point of interest:

The Commission acknowledges the assistance of the Financial Industry Regulatory Authority (FINRA) and the Saskatchewan Financial Services Commission in this matter.

Saskatchewan? Way to go rough riders in helping bring these scammers to justice!

If you want to read about other scams we’ve been tracking, have a look at our stock scams section of the blog.

Regards,
George

Posted in All Recent Posts, Stock Scams | Comments Off on SEC Charges 14 In $64 Million Penny Stock Scam

AGORACOM Small-Cap TV – 4 Great Press Releases At The Open (May 5th)

Posted by AGORACOM at 10:49 AM on Monday, May 5th, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s May 5th and we’ve found 4 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

(more…)

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AGORACOM Small-Cap TV – 5 Great Press Releases At The Open (May 1st)

Posted by AGORACOM at 12:42 AM on Friday, May 2nd, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s May 1st and we’ve found 5 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

(more…)

Posted in AGORACOM Small-Cap TV, All Recent Posts | Comments Off on AGORACOM Small-Cap TV – 5 Great Press Releases At The Open (May 1st)

Bullet Points From Today’s Fed Decision

Posted by AGORACOM at 1:43 PM on Wednesday, April 30th, 2008

Good afternoon, folks. The US Fed announced their decision on interest rates, as well as (more importantly), its statement about the state of affairs. I’ve provided highlights below via bullet points. Don’t mind the lack of form, the meat is what counts.

  • Fed Funds Rate decreased by 25 basis points (.25) to 2.0%.  Was at 4.25% on Jan 1.
  • Little to no reaction to Fed statement. There was no real movement in the US Dollar, Gold, Oil or Equities Markets following the news at 2:15.
  • The statement was not as strong as the markets were looking for.
  • “Uncertainty about inflation outlook remains high. Seen as moderating but will be monitored carefully.”
  • “Fed is still ready to act to provide stability.”
  • “Financial Markets are under stress.”
  • “Economic activity currently remains weak.”
  • “Easing to date should provide growth”
  • “Labor markets have suffered”

Regards,
George

Posted in All Recent Posts, US Economy | Comments Off on Bullet Points From Today’s Fed Decision

Marketwatch – Tech Analysis Points To Market Break Out That Should Help Metals Juniors

Posted by AGORACOM at 11:58 AM on Tuesday, April 29th, 2008

After a pretty harrowing ride courtesy of sub-prime and Bear Stearns, it seems like all is quiet on the Western Front. Make no mistake about it, the fundamental problems have not gone away – but the market clearly believes the Fed can keep them “contained” (where have we heard that before). I still 100% contend the market was headed for a complete disaster had it not been for the Fed stepping in to save the day – and still remain weary – but we can all breathe a sigh for now.

According to this Marketwatch article, that sigh of relief is also supported by technical analysis that includes the following charts:


CONCLUSION

According to the article, “the S&P’s chances of clearing the 1,400-to-1,406 area look relatively good. If it happens, a decisive breakout would likely induce serious short covering — as well as natural buying — sending the U.S. markets on their next leg higher. Even more importantly, a breakout would confirm the March-through-April bottoming process, likely signaling a primary trendshift.”

For the many of you that are not well versed in TA (tech analysis) the article is a great read and helps explain the chart action.

For the gold bugs out there that think the gold ride may be over, I say quite the contrary. Why? Though a destructive US economy is bullish for actual gold prices, it most likely scared the hell out of investors that did not want to be invested in any individual stocks. If the pattern above actually plays out, gold itself may get weaker but gold stocks should actually get stronger with the reduced threat of a market meltdown.

At the end of the day, we may get a happy medium where gold is trading at a very healthy $800 – $900 range, which is more than economical for most exploration companies or small mining companies with quality projects.

Regards,
George

Posted in All Recent Posts, Gold $2,000, US Economy | Comments Off on Marketwatch – Tech Analysis Points To Market Break Out That Should Help Metals Juniors

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