Avoid These Penny Stocks

MSPD Mindspeed Technologies

2008-05-14T18:13:00.001-07:00

MSPD Mindspeed Technologies, Inc. engages in the design, development, and sale of semiconductor networking solutions for communications applications in enterprise, access, metropolitan, and wide-area networks (WANs). It provides analog transmission devices, which include laser drivers, transimpedance amplifiers, post amplifiers, clock and data recovery circuits, serializers/deserializers, video reclockers, cable drivers, and line equalizers; and switching products, such as crosspoint switches. These products support storage area networking, fiber-to-the-premise, and broadcast video, as well as mainstream synchronous optical networking (SONET)/synchronous digital hierarchy (SDH) and packet-over-SONET applications.52wk Range:0.46 – 2.36

Inquiery: Mindspeed Technologies hasn't been able to be a storng competitor in the semiconductor market and hasn't proven to be profitablein the past years so I wouldn't recommend investing in this company.

PAVC.PK Paivis Corp.

2008-05-14T18:12:00.001-07:00

PAVC.PKPaivis Corp., a facility-based wholesale telecommunications carrier, delivers application/value-added services in the prepaid services market. It sells telecommunications products and services, such as prepaid calling cards, prepaid wireless service, and international wholesale terminations. The company also owns and operates a carrier-class prepaid calling platform, including 2 NACT phone card switches integrated with the voice over Internet protocol system dedicated to domestic and international termination and origination of calls. As of September 30, 2006, the company's products are sold through approximately 3,000 retail outlets in the United States. Paivis Corp. is headquartered in Atlanta, Georgia.52wk Range:0.01 - 1.35

Verdict: Paivis Corp isn't generating high returns. Prepaid telecommunication items are not in demand. Most telecommunication companies are offering better deals that are making business difficult for Paivus, I would refrain from investing in this company until they can possibly find another niche to the market.

PHYA.PK Physicians Adult Daycare

2008-05-14T18:11:00.001-07:00

PHYA.PK
Physicians Adult Daycare, Inc. is an organization providing assistance in care for the elderly
Verdict: There are better and more caring forms of assistance for the elderly. More support is being developed as the older generation needs more and more assistance. Day care for the elderly was a fuzzy idea, but the reality is the elderly need a more permanent form of assistance if they are going to this day care facility in the first place. Day care sounds like a children's place and the elderly want to be treated as adults. This company may not meet the demands of the elderly.

STHG.PK Steadfast Holdings Group, Inc.

2008-05-14T18:10:00.003-07:00

STHG.PK Steadfast Holdings Group, Inc., through its subsidiary, Stead-fast Custom Linings, LLC, provides aftermarket products and services used specifically in the light truck market. Its products include Masterack and Crown North America lines that customize light duty vans and trucks for commercial applications for plumbers, electricians, HVAC, telecom, and other light duty applications. The company also has license to sell other products, which include tool boxes, nerf bars, tube steps, running boards, rack systems, rail caps, Tonno covers, fender flares, grilles, visors, bug shields, roll-up covers, side rails, mud guards, floor mats, lights, hitches, stainless steel accessories, and lift kits. The company's products and services are directly marketed to individuals and truck dealerships. Steadfast Holdings Group was founded in 1999. It was formerly known as Beere Financial Group, Inc. and changed its name to Steadfast Holdings Group, Inc. in October 2007. The company is based in West Palm Beach, Florida.52wk Range:0.09 - 0.95

Verdict: Most companies don't want anything that is after market same goes for customers. The company may have a license to sell other products, but they don't seem to be doing a good job of it. Many of thier products are also becoming obsolete and can be easily manipulated at a cheaper price.

ABMC American Bio Medica Corporation

2008-05-14T18:10:00.001-07:00

ABMC American Bio Medica Corporation develops, manufactures, and sells immunoassay diagnostic test kits for drugs of abuse in the United States, North America, Europe, Asia/Pacific Rim, and South America. Its products include Rapid Drug Screen, a point of collection testing kit that detects the presence or absence of 2 to 10 drugs of abuse in a single urine specimen; Rapid One that consist of single drug tests, which screens for the presence or absence of a single drug of abuse in a urine specimen; Rapid TEC, which contains 1 or 2 drug testing strips that detect more than one class of drug; OralStat for the detection of drugs of abuse in oral fluids; Rapid Reader, a portable device that is used to interpret and record the results of drug screens; RDS InCup, a point of collection test for drugs of abuse that incorporates collection and testing of the sample in a single device; and Rapid TOX, a drug screen in a horizontal cassette platform, which detects 2 to 10 drugs of abuse in a single urine specimen. The company also distributes point of collection tests that detect the presence or absence of adulterants and alcohol. In addition, it contract manufactures test components for the detection of tuberculosis, human immunodeficiency virus, respiratory syncytial virus, fetal amniotic membrane rupture, lactoferin, fumonisins, aflatoxins, deoxynivalenol, and immunoglobulin E to diagnostic companies. American Bio Medica Corporation's test kits are used by employers, consumers, law enforcement, government, health care, and education professionals to detect various drugs, including cocaine, THC, opiates, PCP, benzodiazepines, methamphetamines, amphetamine, barbiturates, tricyclic antidepressants, methadone, MDMA, oxycodone, propoxyphene, and buprenorphine.52wk Range:0.36 - 1.43

Verdict: Hospitals do the same thing these kits do and at a more efficient rate. These kits once used have to be disposed of which creates more damage to the environment and makes Hospitals which are thier primary customers view this item as unfavorable.

SHRPQ.PK Sharper Image Corporation

2008-05-14T18:09:00.001-07:00

SHRPQ.PKSharper Image Corporation operates as a multi-channel specialty retailer in the United States. The company sells its products through the Sharper Image specialty stores, the Sharper Image catalog, and the Internet. It also engages in wholesale operations; licenses its brand name to third parties; and provides customer list-rental programs. As of January 31, 2007, it operated 187 Sharper Image stores in 38 states and the District of Columbia. Sharper Image was founded in 1977 and is headquartered in San Francisco, California. On February 19, 2008, Sharper Image Corporation filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.52wk Range:0.15 - 14.161y Target Est:3.50

Verdict: Sharper Image has faced lots of new competition, especially from major electronic companies such as Apple and Microsoft. It's products aren't of the highest quality and many of them are rather complicated to operate. Many products also serve very little purpose as customer interests have become more aware of thier spending habits due to the decline in the economy.

WCYO.OB West Canyon Energy Corp.

2008-05-14T18:08:00.003-07:00

WCYO.OBWest Canyon Energy Corp. engages in the exploration and production of oil and gas properties in Colombia and the continental United States. It holds a 20% participation stake in the Talora block comprising 108,333 acres located southwest of Bogota; a 16% participation stake in the Buenavista block covering 25,000 acres situated in northeast of Bogota; and a 6% working interest in the Corbonera block located northeast of Bogota. The company was incorporated in 2004 as Mobridge Explorations, Inc. and changed its name to PetroSouth Energy Corp. in 2007. Later, it changed its name to West Canyon Energy Corp. in April 2008. The company is headquartered in Houston, Texas.52wk Range:0.39 - 2.33

Verdict: This company relies entirely on the discovery of oil and gas, and many of the major companies have already established strong positions in the oil and gas exploration. If the areas they are searching in have no resources then the company is not producing any returns. This company seems just as risky as trying to win the lottery. It has all its attention in one market and that has hurt them strongly. This company may not be able to continue to fund its exploration projects and any invesment may turn to major losses.

DVAR.PK Dovarri, Inc.

2008-05-14T18:08:00.001-07:00

DVAR.PKDovarri, Inc. develops CRM and SFA software. Dovarri, Inc. was founded in 1993 and is based in Houston, Texas.52wk Range:0.07 - 3.00

Verdict: Many people don't even know what CRM and SFA even is. From my perspective many other tech companies are developing CRM and SFA software at a more adavanced and effective level. Dovarri Inc. just doesn't have the resources necessary to go up against the bigger players in the industry. Their software is just one step behind the competition.

NEOP.OB Neoprobe Corporation

2008-05-14T18:07:00.001-07:00

NEOP.OBNeoprobe Corporation, a biomedical company, engages in the development and commercialization of surgical and diagnostic products. It offers gamma detection device systems that consist of hand-held detector probes and a control unit. The company's products primarily include Neo2000 gamma radiation detection equipment used in the application of sentinel lymph node biopsy to trace the lymphatic patterns in a cancer patient to evaluate potential tumor drainage and cancer spread in lymphatic tissue; and Quantix, a line of blood flow monitoring devices that are used for various diagnostic and surgical applications in the cardiac and vascular management arena. It also holds developmental and/or intellectual property rights related to two drugs that might be used in connection with gamma detection devices in cancer surgeries. These drugs under development include Lymphoseek, which traces the spread of certain solid tumor cancers; and RIGScan CR that enables surgeons to locate cancerous tissue during colorectal cancer surgeries. The company was founded in 1983 and is based in Dublin, Ohio.52wk Range:0.19 - 0.59

Verdict: Thier products are highly expensive and are difficult to sell. These products are also highly complex and require frequent training. Doctors who seem to be the main targets for this product don't have the time to train on new products. Selling to doctors is also a challenging market for they require highly specific and accurate products. Not to mention affordable.

ICPR.OB Solar Energy

2008-05-14T18:05:00.000-07:00

ICPR.OB
The solar energy industry is growing at a rate of approximately 40% per year - ICP Solar is well positioned to be a key player in this exciting fieldICP Solar Technologies Inc. has empowered its employees to push the boundaries of solar technology since the company was founded in 1988. From day one, ICP Solar has been committed to the research, development, manufacturing, marketing and sales of leading-edge solar energy products. ICP Solar’s user-friendly solar panels and accessories have been widely used in a variety of applications in the consumer, construction and OEM markets. ICP Solar is renowned for products that are reliable, innovative and efficient.52wk Range:0.25 - 3.35Last Trade:0.59

Verdict: Solar energy is highly expensive to generate and just doesn't produce the results that they are expecting. Solar power comes with too many complications. New forms of energy are eing researched that are having better results than solar energy. It also takes too much time for investors to see any large returns when investing in solar energy. It just takes too much time to research and produce. Investors don't have the time for these long term gains if any.

GFET.PK Gulf Ethanol Corporation

2008-05-14T18:04:00.001-07:00

(GFET.PK)

Gulf Ethanol Corporation does not have significant operations. It intends to develop and construct ethanol and ethanol feed stock manufacturing facilities. The company was incorporated in 2003. It was formerly known as Land Investors of America, Inc. and subsequently changed its name to U.S. Development Corporation. Further, the company changed its name to Gulf Ethanol Corporation. Gulf Ethanol is based in Houston, Texas.Last Trade:0.50

Verdict: Ethanol is hurting the environment strongly. The world is turning more green and wants to find environmentally friendly forms production. This company will not be able to keep up with the changes in the environmental demand of consumers.

Healthnostics (HNSO.PK)

2008-05-13T22:44:00.000-07:00

HNSO.PK

HEALTHNOSTICS NEW

Healthnostics Eliminates $800,000 Debt
Monday March 24, 6:30 am ET

http://biz.yahoo.com/bw/080324/20080324005399.html?.v=1

CFO, Michael Black, Provides Financing to Secure Company's Objectives

BETHESDA, Md.--(BUSINESS WIRE)--Healthnostics, Inc. (OTC:HNSO - News), a medical and biotechnology analytics information and technology company, announced it is increasing shareholders’ equity by eliminating all long-term debt. An infusion of $250,000 from Chairman and CFO Michael Black in exchange for 25 million shares of HNSO stock that is subject to Rule 144 which Mr. Black purchased at a premium to market, settled the $800,000 debt.

The transaction increased stockholder equity due to the investment and from the $550,000 gain on the transaction. Mr. Black purchased the shares at more than twice the current market price.

“This transaction reaffirms management’s strong conviction in meeting the Company’s short and long term objectives and our belief that the Company’s stock is presently undervalued. This represents a critical milestone in the Company’s path toward profitability,” said President Alan W. Grofe.

For further information please visit Healthnostics www.healthnostics.com, MedBioWorld www.medbioworld.com, MedNets www.mednets.com, and FamilyMedicalNet www.familymedicalnet.com.

This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management’s current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

Beijing Logistic Inc (BJGL.OB)

2008-05-13T22:42:00.001-07:00

BJGL.OB

BEIJING LOGISTIC INC

http://www.beijinglogisticinc.com/

Beijing Logistic Inc. is a public company trading on the OTCBB, with the ticker symbol BJGL. The company engages in logistics, express delivery, and storage through its wholly owned subsidiary: Beijing Baolong Logistics Co., Ltd. (Baolong Logistics) which is headquartered in the capital of China— Beijing. Baolong Logistics specializes in logistics for the publishing, agriculture, timber and medical industries. Perhaps the company is most renowned for its publishing logistics

American Scientific (ASFX.PK)

2008-05-13T22:40:00.000-07:00

ASFX.PK

AMERICAN SCIENTF NEW

American Scientific Resources Signs $1,000,000 Media Deal—Will this money go to waist? We think so!

NEW PALTZ, NY--(MARKET WIRE)--May 23, 2007 -- American Scientific Resources today announced that the Company has signed an agreement with Global Media Fund to launch a multi-media advertising campaign valued at $1,000,000. American Scientific Resources, Inc. (Other OTC:ASFX.PK - News) operates two wholly owned subsidiaries, Heart Smart, Inc. and Kidz-Med, Inc.

The campaign is designed to educate consumers about, and build brand awareness for, the Company's Kidz-Med Inc. division and its market-ready products. It includes production and placement of ads for nationally syndicated newspaper features and radio programs, a short form DRTV ad for release on spot market television stations, cable systems, and/or networks, and a custom-designed internet campaign. An equally comprehensive campaign for the Company's Heart Smart, Inc. division and its products is scheduled for an aggressive rollout in 2008.

Specifically, the advertising campaign is designed to educate consumers about the features and benefits of Kidz-Med's premier product, the Kidz-Med Thermofocus®, the first non-contact infrared clinical thermometer, which ASFX anticipates will become the "gold standard" in thermometry.

First National Entertainment (FNAT.PK)

2008-05-09T21:36:00.000-07:00

Verdict
High gas and oil prices will work against this company
High costs to operate their machineries
High uncertainty, the operation launches in Spring 2008

Summary
First National Entertainment Corp. is a publicly traded independent oil and gas company. It focuses on the acquisition of non-producing properties to implement re-completion workovers to recover oil and gas left in place behind pipe by previous owners and operators. The company is now under new management and is focused on maximizing shareholder value by building a diversified portfolio of oil and gas assets in the Appalachian Basin, Texas, and Oklahoma.

Avalon Capital Holdings (AVAL.PK)

2008-05-09T20:14:00.000-07:00

Verdict

The products are awfully easy to imitate
Many competitors offering the same or more products
Minor barriers to entry

Company Website
http://www.avalongcapitalholdings.com

Summary
Avalon Capital Holdings Corporation, through its subsidiaries, develops, markets and distributes high-performance trading software for financial companies that engage in online trading. The Company offers products related to the Foreign Exchange (“Forex”), the world's largest capital market according to The Bank of International Settlements.

Avalon Products
Education
Avalong FX Forex Academy covers aspects of foreign currency trading, which includes interactive study material, a quiz after each lesson and a final examination to test understanding of foreign currency trading.

Matching System
Avalon Automated Dealing Desk Algorithm (Trader Matching System) utilizes risk parameter to optimize profitability and limit risk.

Mobile Trading
Avalon FX Pro SmartTrade lets our clients execute trades from their Internet enabled Smart Phones and PDAs.

Real-time quotes are shown in plain text mode to ensure the optimized viewing on the mobile device display, and trades executed are reflected on client accounts immediately.

Avalon FX Pro SmartTrade allows users place orders in constant moving environments or in situations when analytical and charting tools are not needed.

Trading Terminal
Avalon FX Pro Trading platform focuses on providing firms and their clients a robust, stable, reliable and fast online currency-trading platform. The Avalon FX Pro Trading System features are designed to maximize the trading experience for traders and increase the efficiency of businesses that offer online trading.

USB Drive
Avalon FX Pro USB allows clients to carry their Avalon FX Pro Trading Terminal on a compact USB flash drive wherever they go, and trade their accounts securely from any computer with Internet access.

Steadfast Holdings Group, Inc. (STHG.PK)

2008-05-03T21:36:00.000-07:00

Verdict

They are only targeting a small customer segments with light duty vans and trucks
They are lacking in strategic partnerships (i.e. military, industrial or government contracts)
They do not specify if their spray-on coating products are environmentally safe

Company Website
http://www.steadfastlinings.com/

Short Summary
Steadfast Holdings Group distributes a variety of products to the automotive aftermarket. The core business is its spray on truck bed protection product which offers specially formulated polymers that permanently bond to the truck's bed.

Long Summary
Steadfast Holdings Group, Inc., through its subsidiary, Stead-fast Custom Linings, LLC, provides aftermarket products and services used specifically in the light truck market. Its products include Masterack and Crown North America lines that customize light duty vans and trucks for commercial applications for plumbers, electricians, HVAC, telecom, and other light duty applications. The company also has license to sell other products, which include tool boxes, nerf bars, tube steps, running boards, rack systems, rail caps, Tonno covers, fender flares, grilles, visors, bug shields, roll-up covers, side rails, mud guards, floor mats, lights, hitches, stainless steel accessories, and lift kits. The company's products and services are directly marketed to individuals and truck dealerships. Steadfast Holdings Group was founded in 1999. It was formerly known as Beere Financial Group, Inc. and changed its name to Steadfast Holdings Group, Inc. in October 2007. The company is based in West Palm Beach, Florida.

Disclaimer
We are not financial advisers or stock brokers. We are here to promote and demote penny stocks based on our own opinions.