Chancery Resources, Inc. (OTCPINK: CCRY) acquired the assets of AirTrona International, Inc. last month and will soon adopt the AirTrona name and business model. AirTrona provides commercial and industrial high-grade Ozone Generators for commercial, industrial and residential applications, including ozone sanitization and ozone laundry systems.
AirTrona has partnered with Union Gas, a Canadian supplier of natural gas, to offer incentive to customers purchasing their washing systems. The Canadian government has mandated that utility providers offer incentives to customers for investment in energy efficient technologies, such as those provided by AirTrona. CCRY's President, Jim Cairns, stated, "This is an exciting development for our company, as we expect that we will build revenue streams from paid system demonstrations and system sales, and brand name recognition that comes from partnering with a company as large as Union Gas."
Trading volume in CCRY shares started to increase with the acquisition of AirTrona in December and have skyrocketed since the partnership with Union Gas was announced. Price appreciation has been about 40%, though volatile, as investors jump in and out. This company has good long term potential if they can cash in on those Canadian government mandates.
LifeApps Digital Media Inc. (OTCQB: LFAP), is a digital media company focusing on health, fitness, sports publications, and next-generation social networks. The company has developed apps and online magazines for Apple, Android and Kindle products. YouWorkout, LFAP’s digital quarterly magazine, has been listed in Apple Newsstand’s “What’s Hot” for eight consecutive weeks. LifeApps Director of Operations, David Dawson stated " We are only on our second issue and we are already gaining the respect of the community and showing that YouWorkout is worthy of competing with the legacy magazines of this category." The company stated in their SEC 10Q filed in November “In addition to our magazine and applications we are developing our existing sports, health and fitness enthusiast websites, www.mdworkout.com, www.yogaworkout.com, www.tennisworkout.com, www.golfworkout.com, and www.dietplanworkout.com” with more sites to follow. “We expect to generate revenue from advertising on the sites and from the sale of products offered on the sites”
The past three months have seen a selloff of LFAP shares with the per share price dropping from $.45 to today’s current level at $.07/share. The afore-mentioned 10Q also mentioned warrants issued for financing, exercisable in the next 5 years at $1.00/share. For a company with popular internet applications and a solid view toward future products and revenue generation, this may have been a case of “overselling”. A higher share price could be indicated here.
Based in Geneva, Switzerland, EasyMed Services SA (OTCPINK: EMYSF) operates as a medical and health technology services company. The company offer health reminders, on-line and mobile phone access and interactivity, telemedicine, and an international medical and health information service based on an Internet and mobile phone platform.
In a letter to shareholders on January 28th Mr. Tejinder Sahota, EasyMed''s Chief Executive Officer discussed the success of Easy Smart Care software that allows international travelers access to their medical records regardless of location and the 2013 entry into the US markets as electronic healthcare records are going to be mandated by the new health care plan (Obamacare).
Mr. Sahota further stated “We secured Depository Trust & Clearing Corporation (DTCC) eligibility for the Company’s shares trading on Over-the-Counter Bulletin Board. Securing DTCC eligibility simplifies how EasyMEd’s securities may be traded or exchanged, thereby providing efficient means for settling trades electronically.”
EMYSF is now a fully reporting company with the SEC and OTC and plans to change their status from PINK to QB this year. Mr. Sahota also informed of a private investment of CDN $125 million which included $.85 shares and warrants exercisable at $1.20/share. All of the above actions demonstrate corporate focus and investor confidence.
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