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Tuesday March 09, 2010

PennyToBuck.com Stock Report!

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Mobile Star Corp. (OTCBB:MBST), a developer of coin-operated karaoke vending machines, reported that the company has re-evaluated its revenue projections following a successful 30-day holiday season pilot at a popular Westchester amusement center. A professional examination of revenues following the pilot showed that the return on investment for an individual unit would be approximately six months–well above the industry standard for a coin-operated vending machine. Mobile Star had originally forecasted ROI to be in the range of 12 to 15 months. Following the professional examination, Mobile Star has conservatively upgraded its ROI projections to approximately 9 months. As a result of the improved ROI, the company has also modified its sales projections, increasing the potential sales of the Mobile Star by 35-40%. Several potential distributors have expressed significant interest in carrying the Mobile Star following the successful pilot. Mobile Star expects to launch its karaoke unit commercially in Q3 2010.

Bell Microproducts Inc. (Nasdaq:BELM), one of the world’s largest value-added distributors of storage and computing technology, today announced that employees of the company have donated over $57,000 to assist the Haitian humanitarian relief efforts. The company matched employee donations for a total donation of over $114,000. Soon after the earthquake occurred in Haiti, employees of the company worldwide began contributing to help the victims. The company announced in January that it would match employee donations and offered to provide payroll deductions for donations. Employees donated cash through one-time payments, payroll deductions and by converting accrued vacation into cash that could be donated.

Sparta Commercial Services (OTC BB:SRCO) reported that, as a result of the growing interest among local and state governmental agencies, the Company is intensifying its marketing efforts in support of its Municipal Lease Product. With the recent addition of more cities and towns to Sparta’s roster of municipalities under contract for the leasing of vehicles and other equipment, and the rapidly growing number of inquiries from other agencies around the country, the Company believes that refocusing additional resources to its marketing activity is essential. According to the Company, their Municipal Lease Program is an ideal alternative to the traditional outright purchase of the police cars, police motorcycles and other essential equipment that these agencies require, especially during these difficult economic times. More than 17,000 state and local law enforcement agencies operating in the United States will purchase 65,000 police cars each year, creating over 1.6 billion dollars in annual sales. These agencies will also purchase over 60,000 police motorcycles during the next five years, creating an additional 1 billion dollars in sales over that time period. Sparta’s current goal is to capture a minimum of one percent of the estimated market for these vehicles, representing about 18 million dollars worth of annual municipal lease fundings. These figures do not take into account other essential equipment that Sparta includes in its Municipal Lease Purchase Financing Program, such as the on-board digital video and data equipment used on these vehicles. Sparta is currently working with major national suppliers of these assets to provide financing for these ancillary products as well.

Rockwell Medical (Nasdaq:RMTI), a fully-integrated biopharmaceutical company offering innovative products and services targeting end-stage renal disease (ESRD), chronic kidney disease (CKD) and iron deficiency anemia, announced today that it will hold an investor conference call on Wednesday, March 10, 2010 at 4:15 p.m. ET to discuss its fourth quarter and year-end 2009 results. Robert Chioini, Chairman and CEO, Thomas Klema, CFO, and Dr. Richard Yocum, Vice President of Drug Development and Medical Affairs, will be hosting the call to review Rockwell’s results. Dr. Ajay Gupta, Chief Scientific Officer, will then join the management team to answer questions from investors about the financial results as well as the Company’s recently announced Phase IIb results. Rockwell will be releasing the earnings results on the same date.

Windstream Corp. (Nasdaq:WIN) has chosen a technology non-profit executive and two state Teachers of the Year as judges for its Classroom Connections program, which will provide public schools in Windstream’s service area the opportunity to receive up to $100,000 for technology-related upgrades.

Lydall, Inc. (NYSE:LDL) is pleased to announce that they will attend The Wall Street Analyst Forum’s 21st Annual Analyst Conference at The University Club in New York City on Friday, March 12, 2010. Lydall management will give a 45-minute presentation at 9:50 a.m., followed by a 45-minute breakout session. Parties interested in attending via webcast may do so at www.analyst-conference.com. Management representing the company will be Dale G. Barnhart, President and Chief Executive Officer; Erika G. Turner, Vice President and Chief Financial Officer; and Peter M. Kurto, Vice President of Business Development and Investor Relations.

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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more ) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received thirty thousand dollars cash compensation from a third party (AIZER FOUNDATION INC) for 30 days of media advertisement services for Mobile Star Corp. (MBST.OB). Crown Equity Holdings, Inc. (CRWE.OB) has received ten thousand dollars cash and 800,000 free trading shares from a third party (QUEBEC INC.) for 1 week of advertisement services for Sparta Commercial Services Inc. (SRCO.OB)