Category Archives: Uncategorized

Bad News for OTCBB Bulls

May $Volume was at its lowest level since August of 2003

http://www.otcbb.com/dynamic/tradingdata/sharedollarvolume/dollardata.htm



Mini-Scandal on the Berlin Stock Exchange – Hundreds of

OTCBB companies are being listed without consent

http://www.newsobserver.com/business/story/1301471p-7423499c.html



More info re: Berlin Stock Exchange scandal

http://www.globes.co.il/serveen/globes/docview.asp?did=803785&fid=942



Arkona ARKN (.62) announced 4th quarter and fiscal year

results and says growth is continuing at a record pace.

http://biz.yahoo.com/pz/040610/58921.html



ARKONA was the first to offer a true Application Services

Provider (ASP) solution for the automotive industry and

continues to be a market leader in providing innovative

e-business solutions for automobile dealers.



30,331,847 s/o as of 2/12/04

Website:
www.arkona.com



I’ll keep you posted.

GP@Pennyheaven.com



>>>>>>>>>> DISCLAIMER, PLEASE READ <<<<<<<<<<
Please be advised that nothing within this email shall constitute

a solicitation or an offer to buy or sell any security mentioned

herein. Pennyheaven.com is neither a registered investment

advisor nor affiliated with any broker or dealer. All statements

made are our express opinion only and should be treated as

such. We do not accept any paid promotion. Please do your

own DD and trade only what is right for you.


I’m out fishing until NYSE gets back over 6400

In the mean time, the following posted quarterlies

worth crowing about:

vFinance VFIN (.32) announced their fourth consecutive

quarter of record results and increased cash to ~ $5Million.

http://biz.yahoo.com/bw/040518/185358_1.html

vFinance, Inc. is a holding company engaged in retail and institutional

securities brokerage, investment banking and research services through

its principal operating subsidiary, vFinance Investment, Inc.

33,295,869 s/o as of 5/01/04

Web Site:
http://www.vfinance.com

VillageEDOCS VEDO .(20) saw net sales double over same

quarter last year

http://biz.yahoo.com/pz/040518/57762.html

VillageEDOCS is a leading provider of comprehensive business-to-

business electronic document management and delivery services for

organizations with mission-critical needs, including major corporations,

government agencies and non-profit organizations.

VEDO is up 100% YTD.

35,911,544 s/o as of 4/30/04

Web Site:
http://www.villageedocs.com.

In the meantime #2

Just to give us something to ponder during the recent downturn

answer me this, which would you prefer, stocks that are down

50% from YTD highs or stocks bucking the trend and sitting

near YTD highs.

Those down 50% include:

Advanced ID Corp AIDO

Adzone
ADZR

American Water Star AMWS

Communicte.com CMNN

Eye Dynamic EYDY


Innovative Software INIV

International Trust
ITFI

Nanopierce NPCT

Neoprobe NEOP

Providential PRVH

Sense Holdings SEHO

Unity Wireless UTYW

US 1 Insutries USOO




Those bucking the trend:

Basic Earth Sciences BSIC

IceWeb ICEW

Nighthawk
NIHK

PDG Environmental
PDGE

VillageEdocs VEDO




I’m away the next two weeks.

Next issue 6/13.

I’ll keep you posted.

GP@Pennyheaven.com

>>>>>>>>>> DISCLAIMER, PLEASE READ <<<<<<<<<<
Please be advised that nothing within this email shall constitute

a solicitation or an offer to buy or sell any security mentioned

herein. Pennyheaven.com is neither a registered investment

advisor nor affiliated with any broker or dealer. All statements

made are our express opinion only and should be treated as

such. We do not accept any paid promotion. Please do your

own DD and trade only what is right for you.


All major YTD indices are in the red, except us. Pennyheaven

Super 7 has been holding its gains thanks in part to Basic Earth

Sciences BSIC (.50), which hit a new 52-week high Friday on

news of recent drilling activity and continued high prices at the pump.

http://biz.yahoo.com/prnews/040510/lam091_1.html

Insider Buying

KTEL fell back to .10 and guess what happened?

CEO Philip Kives bought more on 5/11 at .10

http://finance.yahoo.com/q/it?s=KTEL.OB

Last time he bought the stock doubled.

We’re on to you, Phil.




More insider buying

eLec Communications ELEC (.14) recently came out of bankruptcy.

http://biz.yahoo.com/bw/040415/155081_1.html



CEO and CFO have been buying shares

http://finance.yahoo.com/q/it?s=ELEC.OB

CEO recently bought 75,000 shares at ~.21/sh

eLEC Communications Corp. is a competitive local exchange carrier

that offers local and long distance calling plans to small business and

residential customers.




16,259,782 s/o as of 4/01/04

Website:
www.elec.net



This is going to be huge one day…

Wi-Fi Phones May Help Cut Calling Costs

http://biz.yahoo.com/ap/040510/wi_fi_phones_1.html



FYI

Penny stock with wi-fi phones – Viper VPER (.46)

Its a pink sheet stock so be warned.




I’ll keep you posted.

GP@Pennyheaven.com

>>>>>>>>>> DISCLAIMER, PLEASE READ <<<<<<<<<<
Please be advised that nothing within this email shall constitute a solicitation or an offer to buy or sell any security mentioned herein. Pennyheaven.com is neither a registered investment advisor nor affiliated with any broker or dealer. All statements made are our express opinion only and should be treated as such. We do not accept any paid promotion. Please do your own DD and trade only what is right for you.


Super 7 News

HQNT got the E designation due to a late filing.

Being that it is not an isolated case (see link)

http://www.otcbb.com/asp/dailylist_detail.asp?d=04/19/2004&mkt_ctg=OTCBB

and that they announced last week they were applying for AmEx

http://biz.yahoo.com/bw/040415/155403_1.html

I wouldn’t fret too much.

After we sold DLGI we said worst-case scenario the stock

falls to .50 and we’ll think about buying back in. Check this

out, when the stock hit .50 last Thursday, DLGI president,

Keith Nguyen, announced he will initiate personal purchase

of the Company’s stock due to the recent price pullback.

http://biz.yahoo.com/prnews/040422/lath102_1.html

DLGI closed Friday at .67

Way to go Keith.

On the Radar

P-Com, Inc PCOM (.077) announced their fourth quarter of

sequential revenue growth

http://biz.yahoo.com/prnews/040419/sfm101_1.html

They also announced a new product last week

http://biz.yahoo.com/prnews/040421/sfw072_1.html

P-Com, Inc. develops, manufactures, and markets point-to-point, spread

spectrum and point-to-multipoint, wireless access systems to the worldwide

telecommunications market. P-Com broadband wireless access systems

are designed to satisfy the high-speed, integrated network requirements

of Internet access associated with Business to Business and E-Commerce

business processes. Cellular and personal communications service (PCS)

providers utilize P-Com point-to-point systems to provide backhaul between

base stations and mobile switching centers. Government, utility, and business

entities use P-Com systems in public and private network applications.

$6 Million in cash according to latest 10K.

262.4 million s/o as of 3/10/04

Website: www.p-com.com

Nighthawk Systems NIHK (.275)

announced record revenues for the year ending 12/31/03

http://biz.yahoo.com/pz/040422/56252.html

Nighthawk Systems, Inc. designs and manufactures easy to use ‘plug and play’

products that can remotely control virtually any electrical device from any location.

Nighthawk products are easily installed and operated by anyone, regardless of

technical capability. Nighthawk services customers in a variety of markets including

electric utilities, traffic control, computer systems, commercial lighting, and irrigation.

25,534,235 s/o as of 4/07/04

Website: http://www.nighthawksystems.com

I’ll keep you posted.

GP@Pennyheaven.com

>>>>>>>>>> DISCLAIMER, PLEASE READ <<<<<<<<<<
Please be advised that nothing within this email shall constitute

a solicitation or an offer to buy or sell any security mentioned

herein. Pennyheaven.com is neither a registered investment

advisor nor affiliated with any broker or dealer. All statements

made are our express opinion only and should be treated as

such. We do not accept any paid promotion. Please do your

own DD and trade only what is right for you.

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The following are on radar:

BGR Corp BGRR (.27) announced a stock dividend for

shareholders of record on 5/15/04. For every three shares

held an extra share will be issued.

http://biz.yahoo.com/bw/040416/165559_1.html

It is the intention of BGR Corp. to acquire new, innovative, fast-casual and

casual dining restaurant concepts, develop them into a profitable working

design, and franchise them across the country.

22,013,800 s/o as of 2/04/04

Website: www.bgrcorporation.com

FTS Wireless, a wholly owned subsidiary of FTS Group FLIP (.24)

announced its fourth consecutive quarter of revenue increases of

more than 100%.

http://biz.yahoo.com/pz/040415/55877.html

Flip sells next generation wireless products and operates W-Fi hotspots.

24,423,293 s/o as of 3/15/04

Website: http://www.FTSWireless.com

PracticeXpert PXPT (.56) announced net revenues for the

year ending 12/31/03 increased 82%. Diluted net income

in 2003 was .01 as compared to a loss of (.02) in 2002.

http://biz.yahoo.com/pz/040415/55910.html

PracticeXpert, Inc. is in the business of providing “turn-key” administrative

services to, as well as developing and deploying systems, technologies and

services designed to improve operational efficiencies, reduce billing errors

and enhance cash flow for, medical practitioners. Our services revolve around

our flagship Revenue Management System, PXpert(tm), and include medical

billing and accounts receivable management, practice management, transcription,

and consulting. Where applicable, PracticeXpert bundles its technology applications

with its billing and other practice management services to provide a complete

and integrated solution to its physician customers.

23,275,934 s/o as of 3/19/04

Website: http://www.practicexpert.com

I’ll keep you posted.

GP@Pennyheaven.com

>>>>>>>>>> DISCLAIMER, PLEASE READ <<<<<<<<<<
Please be advised that nothing within this email shall constitute

a solicitation or an offer to buy or sell any security mentioned

herein. Pennyheaven.com is neither a registered investment

advisor nor affiliated with any broker or dealer. All statements

made are our express opinion only and should be treated as

such. We do not accept any paid promotion. Please do your

own DD and trade only what is right for you.

To Unsubscribe: Reply with Unsubscribe in subject heading

To Subscribe: Reply with Subscribe in subject heading to:

GP@Pennyheaven.com