Is the Bitcoin Beast Awakening?

Is the Bitcoin Beast Awakening?

After languishing in a bear market that began when BTC hit $20,000 on December 17, 2017, Bitcoin has recently shown some life. On April 2nd the price rose 20% on high volume. The scuttlebut is a whale bought most of it, but either way the entire crypto market rose with its leader. Read More »

 

LKAI & DFNS

OTCBB $Volume in April dropped to its lowest level since November 2004. It has been the 4th straight monthly drop. No coincidence then that the week of April 15 was a YTD low for the Pennyheaven Super 7. Lucky for us we have had three straight up weeks since.

LKA International LKAI (.28) announced that their Board of Directors has approved a stock repurchase program.
LKA International, Inc. is a natural resources development company that owns the Golden Wonder mine, a producing, high-grade gold property, located near Lake City, Colorado. Additionally, LKA owns the Ute Ule silver mine (currently inactive) and milling facility, which are also located near Lake City, CO. The Company currently plans to permit and develop a new drift approximately 1,000 feet below the current workings of the Golden Wonder Mine to extend the size and productivity of the mine.

12,750,317 s/o as of 4/14/05
Website: http://www.lkaintl.com

Defense Industries International DFNS (.56) is starting to look attractive.Stock price is down ~ 50% YTD. Net income for 2004 was .02/sh compared to .01/sh in 2003.Defense Industries International, Inc. is a leading manufacturer and global provider of personal military and civilian protective equipment and supplies. Defense Industries’ main products include body armor, bomb disposal suits and bullet-resistant vests and jackets; ballistic wall covers, helmets, plates and one-way protective windows; personal military equipment, battle pouch units and combat harness units; dry storage units, liquid logistics, tents and vehicle covers; winter suits, sleeping bags and backpacks. The Company’s manufacturing facilities meet American EQNET and international ISO 9001 standards. Major customers include the Israel Defense Forces, the North Atlantic Treaty Organization (NATO), the United Nations Peacekeeping Forces and other U.N. organizations.
25,350,000 s/o as of 3/23/05
Web site: http://www.defense-industries.com

WLSA & RIMS

Feels like we’re swimming against the tide. All indices have started the year
in the red. Small caps in particular are getting whacked after hefty gains in
late 2004. The small cap-heavy Russell 2000 is -5% YTD.
Pennyheaven Super 7 is in the black (+1.4%) and considering the above I’ll take it.
To see performance click the following link
https://www.pennyheaven.com/7tgy0hfg.htm

Newsworthy
Regulation SHO, designed by the SEC to combat naked shortselling, went into effect
on January 3rd. We applaud this action and think it will add much needed credibility to
the OTCBB market.
Basically, if any security is deficient (“fails to deliver”) more than10,000 shares (and
those shares are more than 1/2 of 1% of totaloutstanding shares) for five consecutive
days, then that security is flagged and put on the Regulation SHO Threshold list, which
is published daily on the Internet. After 13 days on the list market makers who are short
must then buy on the open market.


January 10, 2005 was the first day the threshold list was published. There were 374 stocks
on the NASDAQ list, including 96 on Naz, 29 OTCBB, and 254 on the Pink Sheets.
In comments to the U.S. Securities and Exchange Commission, C.Austin Burrell, who is
providing litigation support and research for the law firms, said…illegal Naked Short Selling
has stripped hundredsof billions, if not TRILLIONS, of dollars from American investors,” and
have resulted in over 7,000 public companies having been “shorted outof existence over the
past six years.” Burrell said some experts believe as much as $1 trillion to $3 trillion has been
lost to this practice.

What is Regulation SHO?
http://www.thestreet.com/_googlen/markets/matthewgoldstein/10201467.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA

Illegal Short Selling and the new SEC short selling rule
http://www.otcjournal.com/archive/listserv/20050104-1.html

SEC responses to Frequently Asked Questions
http://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm

Regulation SHO Threshold List (includes OTCBB)
http://www.nasdaqtrader.com/aspx/regsho.aspx

Record Revenues and Radar Watch
Wireless Age Communications WLSA (.86) First they announce record revenues
for the 4th quarter (2004).
Then they announce insider buying of 800,000 shares at .75.

Wireless Age is a consolidation of Retail, Wholesale and Engineeringenterprises within
the high growth wireless products and services industry in North America. Wireless Age
retail outlets are in Western Canada with expansion plans for the rest of the country. The
North American Wholesale Distribution operations are conducted under Wireless Source
distributing wireless devices and accessories to both consumer and industrial markets.
The engineering group, Wireless Works, is focused on the development of both consumer
and industrial wireless products and networking infrastructure.

23,495,216 s/o as of 11/12/04
Website: http://www.thewirelessage.com

RFID Play
Robocom Systems International, Inc. RIMS (.81)
Robocom Systems International Inc. develops, markets and supports advanced Warehouse
Management Systems software that enables customers to expandproductivity, reduce costs
and increase profits.

Global revenue from radio frequency identification tags is poised to grow from $300 million
in 2004 to $2.8billion in 2009, according to a study released by market research agency
In-Stat. Leading the charge is Wal-Mart stores who are requiring that their largest suppliers
attach RFID tracking “tags” on shipments sent to Wal-Mart warehouses. Target Corp.,
Albertsons Inc. and the U.S.Department of Defense (to name a few) have similar initiatives.

What is RFID?
http://www.silicon.com/silicon/hardware/storage/0,39024649,39120040,00.htm

RFID gets Wal-Mart boost
ttp://management.silicon.com/itpro/0,39024675,39126715,00.htm

We’ve been following RIMS since late 2003, which was a big year forthem, their stock
price appreciated ~ 800%. 2004 was mostly flat withtrading between .60 and .80 all year.
Recently they broke out on highvolume after announcing their 9th consecutive profitable
Quarter.

(Please note: RIMS is not a pure RFID play, they don’t make thechips. Their business
is Warehouse Management System softwarethat supports RFID).

4,540,984 s/o as of 1/03/05
Website: http://www.robocom.com

DSEN & VRTC

Yours truly is busy with next year’s Super 7.
In the meantime more record revenues.
Datascension DSEN (.50) recently announced third quarter revenues
increased 23% over the comparable quarter in 2003; with nine-month
revenue comparables increasing 22%. Annual revenues for 2004 are anticipated to exceed the previous record set in 2003 by 24%.
They are profitable, but barely.


Datascension International, a premier data solutions company with operations in California, Costa Rica and the Dominican Republic, embodies a unique expertise in the collection, storage, processing and interpretation of marketing data. Employing hundreds of bilingual professionals, the company is rapidly becoming one of the largest Spanish-speaking call centers. The
company’s commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.

Please note, on November 5, 2004, DSEN did a 1-10 reverse split. The consolidation will reduce the number of Datascension shares outstanding from approximately 162 million to approximately 16.2 million. (Wait till the very end of the year for this one, due to the above I imagine there will be a few tax loss sellers in the next two weeks.)Web site: www.datascension.com

Not record revenues but strong growth nonetheless,Veritec, Inc VRTC (.60) latest quarterly report (ending 9/30/04)shows total revenue (for the quarter) increasing 82%.

Veritec is the pioneer of two dimensional technology which allows the storage of vast quantities of information on tiny, multi-faceted encoded symbols which provide superior methods of inventory control, parts tracking, security and secure data compilation. VRTC recently announced a new handheld reader designed for the Liquid Crystal Display (LCD) and Flat Panel Display (FPD) industry.
7,071,849 s/o as of 11/05/04
Website: www.veritecinc.com

VSTH, WSRT, OGHC

YTD indices are all back in the black (except for the Dow which is nearly scratch)
http://biz.yahoo.com/prnews/041104/lath045_1.html

The following are reporting increased earnings:
VitalStream Holdings VSTH (.53) reported record quarterly
and YTD revenue.
http://biz.yahoo.com/prnews/041104/lath045_1.html

Revenues for the quarter ended September 30, 2004 were $2,691,000,
a 51% increase over revenues of $1,779,000 in the same period a year
ago, and a 17 % sequential increase over revenues of $2,302,000 in the
second quarter of 2004. Revenues for the first nine months of 2004
increased 34 %to $6,984,000 compared with revenues of $5,229,000 in
the first nine months of 2003.

VitalStream Holdings, Inc. through its subsidiaries, VitralStream, Inc. and
VitalStream Broadcasting Corporation, provides products and services that
allow companies to broadcast video, audio and other related digital media
over the Internet. Specifically, VitalStream provides content delivery network

services, such as streaming, hosting and related products and services that
allow clients to outsource their digital broadcasting needs.

60,028,768 s/o as of 8/5/04
$10 million cash
Web Site: http://www.vitalstream.com/

Winsdor Tech WSRT (1.95) reported a 448% increase in revenue
for the 3rd Quarter.
http://biz.yahoo.com/bw/041103/35940_1.html

Total revenue for the nine-months ended September 30, 2004 increased
213% to $15.7 million, compared to $5.0 million for the same period in 2003.
Had the acquisitions of QualTech International and QualTech Services
Group occurred at the beginning of fiscal 2004, revenue for the first nine
months of 2004 would have been $24.3 million. Net income for the first nine
months of 2004 was $423,000 or $0.02 per share, versus a net loss of
$325,000 or $0.02 per share for the same period in 2003.

WindsorTech, Inc. is a technology services company. The Company

purchases and sells computer equipment and related products. It provides
equipment asset management services including data security services and
environmental compliance.

24,532,007 s/o as of 8/1/04

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

On The Go Healthcare OGHC (1.07) reported record year end results and
revenue increase of 3,190%.
http://biz.yahoo.com/prnews/041029/nyf038_1.html

On The Go Healthcare, Inc. manufactures, markets and distributes a line of
products focused on a child’s early years. On The Go’s signature products
include the new Baby Bath and its Padded Training Seat, an ergonomically
designed and cushioned seat placed on top of adult toilet seats to help
toddlers with potty training.

1,004,488 s/o as of 10/6/04

Website: http://www.onthegohealthcare.com

ELLG

English Language Learning and Instruction System, Inc ELLG (.09)
announced record third quarter earnings and net income of $47,991.
http://biz.yahoo.com/prnews/041026/nytu157_1.html

English Language Learning and Instruction System, Inc. is a provider of
interactive multimedia software used in teaching the English language.

As of August 4, 2004, the issuer had outstanding 15,439,746 sharesof
Common Stock, par value $0.00001 per share, and 1,464,285 shares of
Preferred Stock, par value $0.00001 per share.

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