Lethean (IntenseCoin) Explained: The Decentralized VPN Cryptocurrency Project

Lethean (IntenseCoin) Explained: The Decentralized VPN Cryptocurrency Project

by Jacob Woods What is Lethean Lethean, incorporated in the UK, has created a decentralized VPN marketplace. Lethean has been described as the “first Mainnet P2P Virtual Private Network backed by the Blockchain.” Users can take advantage of the browser extension or the full client VPN. Anyone can mine the coin or Read More »


Pennyheaven Super 7 – 2003

Pennyheaven.com News Report – 01/01/03

First lets review and see where we are:
Major indexes are down 3 years running, Nasdaq just
experienced the worst December ever, consumer confidence
is down near a seven year low, and the thought of war is on
too many minds.

I think its safe to say now is not the best time to be a
stock picker. Still, Pennyheaven Top 10 (2002) did finish
in the black (+ 10%) even though 7 of the 10 were in the
red. HQNT finished up 400%, LDNA up 100%, and UBET
up 67%. I’ll take it.

This year we’re doing something different. The current
environment dictates we get lean and mean.
Instead of the Top 10 we’ve narrowed it down to Top 7.
No Fat; No Waste.

Ladies and Gentlemen,
Pennyheaven Super 7 (2003)

Nothing over a dollar, 50 million s/o maximum, OTCBB only,
no convertible debentures (as of this writing, as far as I can tell).
Prices reflect close of business 12/31/02.

1) Allergy Research ALRG .19 (.19 x .25)
Allergy Research Group, Inc., through its wholly owned
subsidiary, NutriCology, Inc., is engaged in nutraceutical
research and product information. For the nine months
ended 9/30/02, revenues increased 4% to $9.2 million.
Net income increased 53% to $637 thousand.

From 11/13/02 10QSB
On May 3, 2002, the Company announced a stock repurchase plan,
whereby the Company may repurchase between 1,000,000 and 2,500,000
shares of the Company’s common stock in open market transactions,
from time to time during the next two years in compliance with Rule 10b-18
of the Securities Exchange Act of 1934 and all other applicable securities
regulations. Repurchases of common shares in the open market will provide
shares for issuance to employees under stock option and stock purchase
plans. Since inception of the plan through September 30, 2002, the Company
repurchased 339,750 shares of common stock for $65,950. The Company
purchased an additional 43,500 shares during October 2002 for $11,843.

14,722,105 s/o as of 11/05/02
Market Cap: $2,797,200

2) CorVu Corp CRVU .53 (.53 x .55)
CorVu Corporation is a holding company that develops and
sells business performance management software products
and related professional services through subsidiaries. For
the three months ended 9/30/02, revenues totaled $4.4 million,
up from $2.2 million. Net income totaled $1 million vs. a loss
of $681 thousand.

183% Increase in License Sales for Q1 FY2003 and Fourth
Consecutive Quarter of Record Profits

22,197,503 s/o as of 10/31/02
Market Cap: $11,764,676
Website: http://www.corvu.com

3) Electronic Systems ELST .36 (.36 x .50)
ELST specializes in the manufacturing and development of
the ESTeem Wireless Modem (which allows computers to
communicate via radio frequency waves). For the nine months
ended 9/30/02, revenues rose 49% to $1.4 million. Net income
totaled $155 thousand, .03/sh earnings after taxes, 500K cash.
Long Term Debt Zero.
This is a Wi-Fi play.

5,098,667 s/o as of 9/30/02
Market Cap: $1,835,520
Website: http://www.esteem.com/

4) ePhone Telecom, Inc EPHO .15 (.14 x .16)
EPHO provides next-generation, voice and data communication
solutions to businesses and residential customers worldwide.
The Company provides a growing suite of retail products and
services including branded and private label pre-paid calling
cards, pre-paid domestic calling plans and 1+ pre-paid services
as well as wholesale (carrier-to-carrier) solutions.

For the nine months ended 9/30/02, revenues totaled $15.5
million, up from $1.7 million. Net loss fell 97% to $178 thousand.
Third Quarter 2002 Results:
Record revenues of $6,358,883 million represents an increase
of 25% compared to the previous quarter and 450% over the
same period last year.
2.7million cash and cash equivalents as of 9/30/02
37,439,068 s/o
Market Cap: $5,615,862
Website: http://www.ephonetelecom.com/

5) First Aid Direct FADI .10 (.10 x .14)
First Aid Direct, Inc. is a supplier of first aid products, safety
equipment and safety training and compliance products. Its
products are available through independent distributors and
on its web site.

The Company set new profit and sales records for the third
quarter of 2002, and continued to increase its number of
distributors. For the nine months ending 9/30/02 net income
was .03/share.
3,985,000 s/o as of 9/30/02
Market Cap: $398,500

6) Health Fitness HFIT .50 (.40 x .50)
Health Fitness Corporation is the leading provider of results-
oriented fitness, assessment, wellness, and occupational health
services to corporations, hospitals, universities and communities.
HFC has been serving clients since 1975 and manages more
than 190 sites across the U.S. and Canada. For the nine months
ended 9/30/02, revenues rose 5% to $20.3 million. Net income
totaled $2.3 million, up from $863 thousand.
Eleven consecutive quarters of profitability.

12,297,661 s/o as of 11/12/02
Market Cap $6,148,830
Website: http://www.hfit.com

7) Seto Holdings SETO .27 (.27 x .31)
SETO Holdings, Inc. primarily manufactures and/or distributes
industrial ceramic products, small disposable diamond cutting
tools and cellular telephone and other rechargeable batteries.
For the six months ended 7/31/02, net sales rose 45% to $3.8
million. Net income from continuing operations totaled $873
thousand, up from $307 thousand.

From 12/13/02 10QSB
During the first nine months of fiscal 2003, the Company repurchased
249,300 shares of common stock under the Company’s authorized
repurchase program at a cost of $50,241. As of October 31, 2002 a total
of 750,700 shares remained available for repurchases under the program.
14,484,700 s/o as of 10/31/02
Website: http://www.setoholdings.com/

Have a Happy and Healthy New Year.