Market Maker قال:
Thursday, June 1st Stock Trading Alert
DC Brands International, Inc. (PINKSHEETS: DCBI), PlanetLink Communications, Inc. (OTCBB: PLKC), PACEL Corporation (OTCBB: PCCE), MobilePro Corp. (OTCBB: MOBL).
Investors, have a look at DC Brands International, Inc. (PINKSHEETS: DCBI), provider of the energy drink "Dickens Energy Cider." After the closing bell Wednesday, DC Brands announced that company President and CEO Dick Pearce returned from a trip to Dallas, Texas where he met with company attorneys and a prominent brokerage firm discussing the details of a proposed multi-million dollar financing agreement that would provide the funding necessary to rapidly expand the company. The majority of the meeting was focused on a proposed stock buyback program that would allow DC Brands International to buy back a significant number of shares from its shareholder base, the company said.
Pearce commented, "I am confident we will be successful in securing the financial agreement by the end of July. We are quite serious about formulating a program that would allow us to buy back a rather large portion of the float from existing shareholders." He noted that the company's goal is to take back better than half of its free trading shares, and said that if the Board of Directors approves the program the company expects to be able to announce the terms to shareholders in August or September. Pearce also said the company anticipates "explosive growth" over the next 18 to 24 months.
DC Brands International, Inc. (PINKSHEETS: DCBI) is currently trading at around 11 cents a share.
Other stocks to watch:
GPS satellite-based products and services provider, PlanetLink Communications, Inc. (OTCBB: PLKC), announced Wednesday that following its receipt of Preferred Vendor Status and presentation at the Two Men and a Truck Annual Convention, the company had received signed contracts from the first five locations the during the month of May.
PLKC closed Wednesday at $0.0035.
Human resources outsourcing services provider, PACEL Corporation (OTCBB: PCCE), announced Wednesday that the company intends to purchase Consolidated Services Inc., a licensed insurance agency in Maine and Virginia. Financial terms were not disclosed.
PCCE closed Wednesday at $0.0003.
Broadband wireless services provider, MobilePro Corp. (OTCBB: MOBL), announced on Tuesday that company Chairman and CEO Jay Wright had extended his 10b5-1 buying program for an additional three months, through October 2006.
MOBL closed Wednesday at $0.20.
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Source: Market Wire (June 1, 2006 - 7:10 AM EDT)
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