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Friday April 2, 2010
DrStockPick.com Stock Report!
The Directors of Parafin Corporation (Pinksheets:PFNO) reported that Parafin Corporation and a Private Equity Firm have both signed a Term Sheet whereby the Private Equity Firm, based out of Wilmington, DE, will commit to purchase up to $6M USD of shares of common stock of Parafin. The investor is a private equity firm that invests capital into companies in the emerging markets. They have invested in over 100 public and private companies in various sectors including oil and gas, communication, arts and entertainment, services and medical sectors. Once the final Agreements have been executed, Parafin plans to immediately begin the 3-D re-processing of all existing seismic data. The Directors of ParaFin Corporation have approved a development program for the approximately 6.6 million acre hydrocarbon Farmout Concession in the Republic of Paraguay based on the geophysical report of Byron Ayme, consulting geophysicist, dated January 1, 2010. The geophysical report indicates the Alto Parana Region�s Reserves have a very high probability of approximately 2,000,000,000 (Two Billion) Barrels of Crude. ParaFin has concluded that the region also has potential for substantial gas reserves.
Energy-efficient, intelligent building controls from Home Touch Limited (OTCBB:HMTO) will be exclusively featured in the first of four houses within Hong Kong�s premier Headland Road Project, on the island�s southern coast overlooking Repulse Bay. The homes are offered by Henderson Land Development Company. The 11,000 sq. ft. luxury Show House is near completion and will be priced at around $64 million USD ($500 million Hong Kong Dollars). Completion of all four homes is highly anticipated by the luxury real estate market. Home Touch�s green, intelligent design system efficiently controls multiple home functions � everything from lighting and temperature control, to security and entertainment systems � all integrated under the Home Touch Green and Intelligent Building System. Additional intelligent design features include European Industry Bus system, video door phone and intercom, multiple Wi-Fi networks + home control and remote site access. The Home Touch contract for system design and installation, valued at around $100,000 USD ($800,000 HKD), is due for completion in May, 2010.
iGATE Corporation, (Nasdaq:IGTE), an integrated technology and operations (iTOPS) company, has scheduled its Earnings Conference Call on Wednesday, April 14, 2010 to discuss the results of its first quarter ended March 31, 2010. Senior management of the company will discuss the financial performance of the company and answer participants’ questions during the call.
TASER International, Inc. (Nasdaq:TASR) today announced that on March 31, 2010, the United States District Court for the District of Arizona entered an order for TASER International in the patent infringement lawsuit filed against Stinger Systems entitled TASER International, Inc. v. Stinger Systems, Inc. granting TASER’s motion for summary judgment against Stinger for literal patent infringement of TASER’s U.S. Patent 6,999,295 (”295 Patent”).
Homeowners Choice, Inc. (Nasdaq:HCII), a Florida-based provider of homeowners’ insurance, today announced that it will hold its Annual Meeting of Shareholders on May 20, 2010 at Safety Harbor Resort and Spa in Safety Harbor, Fla. at 3:00 p.m. Shareholders will be admitted beginning at 2:30 p.m. The record date for the meeting has been set as Tuesday, April 6, 2010. Shareholders of record at the close of business on the record date will be entitled to vote in the meeting. The meeting agenda includes election of directors, ratification of the company’s outside auditors and a presentation by the company’s management.
Kaiser Aluminum Corporation (Nasdaq:KALU) today announced the filing of a shelf registration statement covering the possible sale from time to time by a voluntary employees’ beneficiary association (VEBA) trust of up to 4,392,265 shares of Kaiser Aluminum’s common stock. The shares being registered were distributed by Kaiser Aluminum to the VEBA trust when the Company emerged from chapter 11 bankruptcy in July 2006. The filing of the registration statement by Kaiser Aluminum was made in response to a demand by the VEBA trust under a registration rights agreement entered into by Kaiser Aluminum and the VEBA trust in July 2006.
Gomez, the Web performance division of Compuware Corporation (Nasdaq:CPWR), today announced that it would host a Target Marketing Group webinar with Eric Peterson, author of “Web Analytics Demystified.” This webinar debunks the five most common myths about web analytics and details how marketers can combine Web analytics and Web performance measurements to increase revenue, improve customer experience, and drive loyalty.
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