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www.standoutstocks.com: Stocks That Stand Out For Nov. 24th, 2009 Are GNPG, BRGO, BZCN, ISCR
Nov 24, 2009 (M2 PRESSWIRE via COMTEX) --
www.Standoutstocks.com: Stocks That Standout For Nov. 24th, 2009 are Green Planet Group, Inc. (OTCBB: GNPG), Bergio International, Inc. (OTC Bulletin Board: BRGO), BizAuctions, Inc. (Pink Sheets: BZCN), Instacare Corp. (OTC Bulletin Board: ISCR)
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Green Planet Group Reports FY2010 Q2 Revenues Increase 3,000%
Company Grows Second Quarter Sales to $16.4 Million from $530,000 Last Year
SCOTTSDALE, Ariz., Nov 24, 2009 -- Green Planet Group, Inc. (OTCBB:GNPG), announced today results for the FY2010 Q2 ending September 30, 2009. All results are detailed in a Form 10-Q filing with the Securities & Exchange Commission.
Highlights for the Quarter include:
-- Quarterly revenues increased 3,000% to $16,406,810.00, compared to $529,650.00 in Q2 of FY2009.
-- Company revenues in the first six (6) months of FY2010 jumped 1,300% to $33,104,714.00 as compared to $2,366,071.00 reported in FY2009.
-- Green Planet Group realized an increase in Q2 Gross Profit to $2,126,629.00, compared to $205,167.00 reported during the same period last year.
-- The Company successfully increased its cash reserves, growing cash on hand to $1,184,843.00, up from $470,288.00 reported Q1 FY2010.
-- Accounts Receivable increased to $5,363,933.00, from $4,349,866.00 recorded March 31, 2009.
-- The Company implemented cost controls that reduced the loss from the prior quarter from $3,683,763 to $991,612 representing a 73% improvement from quarter to quarter.
"Green Planet Group's second quarter marked a continuation of the significant improvement we are experiencing in our Company's overall performance," stated Ed Lonergan, CEO. "We are excited to be exploring several new green opportunities and major acquisitions, and look forward to continued vibrant growth in our Company's core products. I am confident that the dramatic increases we are already experiencing in Green Planet Group's revenues combined with the exciting prospects that lie ahead will quickly lead our Company to sustainable long term profitability," Lonergan concluded.
For all financial details and the full 10-Q financial please visit: http://www.sec.gov/Archives/edgar/data/1372533/000107654209000161/p1108.htm About Green Planet Group Green Planet Group, Inc. (OTCBB:GNPG) is based in Scottsdale, Arizona and engages in ongoing research and development to create products and services that enhance our environment. The Company's revenues are currently derived from the production and distribution of fuel-based energy conservation and clean-air products, as well as through the placement of members of the growing ranks of the unemployed into meaningful "green collar" careers. For additional information, please visit www.greenplanetgroup.com.
Safe Harbor Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.
Bergio Signs Definitive Agreement to Acquire Famous Italian Designer Mario Panelli
FAIRFIELD, N.J., Nov 23, 2009 -- Bergio International, Inc. (OTC Bulletin Board: BRGO) announces today that it has entered into a Definitive Agreement to acquire famous Italian designer Mario Panelli.
Mario Panelli reported $1.5 million in inventory, $1.4 million in sales for 2008, with moderate earnings. Bergio completed the acquisition for the cost of $1,250,000 in cash.
"Bergio is very excited to have acquired famous Italian designer Mario Panelli. Mario Panelli has been in business for over 40 years and is known internationally for his designs; their customers and database will enable Bergio to enter the European, Russian, South American, and Middle Eastern markets," stated Berge Abajian, CEO of Bergio International, Inc.
About Bergio International, Inc.
Bergio is entering into its 20th year of operations with boutique, upscale jewelry stores. It currently sells its jewelry to approximately 150 independent jewelry retailers across the United States. Bergio has spent millions in branding the Bergio brand through tradeshows, trade advertising, national advertising and billboard advertising since launching the line in 1995. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in Italy and Bangkok.
We have established Bergio International as a holding company for the purpose of acquiring established jewelry design and manufacturing firms who possess branded product lines.
Additionally, Bergio intends to acquire design and manufacturing firms throughout the United States and Europe. If and when they pursue any potential acquisition candidates, they intend to target the top 10% of the world's jewelry manufactures that have already created an identity and brand in the jewelry industry.
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
Cyber Monday Will Launch Special Promotions for the Holiday Season Buying
SAN DIEGO, Nov 24, 2009 -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks and returns, announces Cyber Monday, November 30, will kick-off special promotions for its customers during the Holiday season buying.
Delmar Janovec, CEO comments, "BizAuctions, a Titanium Powerseller, on eBay through its eBay store name: BusinessAuctions Inc, Cyber Monday will launch special promotions that will run through the Holiday Season for its customers that are looking for great buys on a wide variety of name brand products that BizAuctions customers have become accustomed to. Also, our Lucky 7's retail store in Chula Vista will be offering some exceptional promotions beginning on Black Friday through the Holiday Season that offers great purchases on brand name clothing and special merchandise." "BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay, its recently opened retail store, Lucky 7's, and soon through its recently announced Letter of Intent with Midwest Outlet Centers," continues Janovec.
The Company's clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at investors@BizAuctions.com or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/ ABOUT BIZAUCTIONS - ADDRESSING THE $60 BILLION PROBLEM BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries.
BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment.
We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space.
With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.
The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2008, and the quarterly statements filed in calendar year 2009, at www.PinkSheets.com.
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.
ISCR Becomes Instant Player in the Obamacare EMR/Cost Savings Sweepstakes
--- COMPANY ADAPTS ITS MD@HAND EMR AND E-HEALTH TECHNOLOGIES TO RUN ON APPLE IPHONE, PALM PRE, RIM BLACKBERRY AND VERIZON WINDOWS SMART CELL PHONES--- COMPANY ANNOUNCES THAT NEW EMR APPLICATIONS ALLOW PHYSICIANS SECURE ACCESS TO EMR DATA ON UP TO 5000 PATIENTS FOR 10 YEARS--- COMPANY PLANS TO DISCUSS UPCOMING PATENT APPLICATIONS AND ADDITIONAL PLANS FOR ITS SMART CELL PHONE TECHNOLOGIES IN THE NEXT SEVERAL DAYS
LOS ANGELES, Nov 23, 2009 -- Instacare Corp. (OTC Bulletin Board: ISCR) announced today that its proprietary brands of MD@Hand and Practice Probe EMR and other e-health technologies have been successfully engineered to seamlessly function on popular smart cell phones. The adaptation of our desktop and hand-held interactive medical software to the Apple iPhone, the Palm Pre, the Verizon Windows phones and several RIM Blackberry models responds to February's federal government demand for healthcare cost structure revision. Its release also positions Instacare at the forefront of companies scrambling to satisfy the government's mandate for broad cost reduction and systemic restructuring of healthcare billing, information storage and recordkeeping.
The February 2009 health industry cost saving initiatives proposed by President Obama directs the industry to rapidly transition from an inefficient and costly paper dependency to an instantaneous electronic mechanism for conducting communications within and throughout the industry. The electronic patient medical records technologies and other electronic medical cost saving technologies contained within the company's MD@Hand and Practice Probe technologies enable any healthcare provider to immediately satisfy the requirements of the government's initiatives. Their adaptation to new "application rich" smart phones allows the physician to manage their medical practice efficiently and effectively, from the point of care, through a single, standard, smart/cell phone.
Robert Jagunich, Chairman of Instacare Corp. commented: "Instacare is operating within the 'sweet spot' of the government's cost saving initiatives. Our medical technologies, when implemented, will play an increasing role in reducing the nation's healthcare costs which many believe have grown out of control due to mismanagement, inefficiencies, fraud and abuse. We believe we are first-to-market with an EMR mechanism that works through several popular makes of smart, Internet enabled, cell phones. Imagine secure EMR and medical data for up to 5,000 patients stored for 10 years on a little plug-in chip about one third the size of a postage stamp. This breakthrough introduction will be followed shortly by the filing of two new patent applications and our discussion of additional initiatives directed toward parallel markets." The Company's MD@Hand technologies allow physicians to gain access and securely store electronic medical records without the need of a stand-alone computer, tablet PC or PDA. The company estimates that the Verizon Windows phones will allow EMR permanent storage for up to 5,000 patients for up to 20 years. The Apple iPhone, Palm Pre and the Blackberry phones are equally impressive although permanent storage is slightly less.
Forward Looking Statements: This release contains forward-looking statements about our business or financial condition that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this release, words such as "believes," "expects," "forecasts," "intends," "projects," "plans," "anticipates," "estimates," "will" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions.
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