Morning Call Companies on the Move for Tuesday, September 04, 2007: NLUB Domestic Production to Ramp Up U.S. Sales!
TheSUBWAY.com names the following stocks to its Stock Alert List: Nitro Lube, Inc. (PINKSHEETS: NLUB), Seaway Valley Capital Corporation (OTCBB: SWVC), Lithium Technology Corporation (PINKSHEETS: LTHU), Superconductor Technologies Inc. (NASDAQ: SCON).
Nitro Lube, Inc. (PINKSHEETS: NLUB), just announced that they have finalized an agreement with ProTec Lubricants, LLC of Memphis, TN, by which ProTec will immediately begin producing and bottling all Nitro Lube's products containing PMF 2000, to Nitro Lube, Inc.'s specifications.
The CEO of Nitro Lube, Inc., Tom Yarbray, stated, "This agreement will save Nitro Lube USA hundreds of thousands of dollars in labor, building and equipment costs necessary for the company's previously proposed Coachella Valley plant." He added, "The agreement also benefits Nitro Lube Canada, as it will potentially eliminate the need for a new Canadian production facility, allowing both companies to concentrate primarily on promotion and revenue."
The Company recently updated its Canadian sales projections over the next four quarters to US$1.8 million, and is confident that sales in the U.S. can easily exceed those numbers in no time. The list of Nitro Lube distributors continues to grow and already includes Performance Parts Center, Raider Hansen, Colt Cams, Hot Rod Corner, and the eighty retail locations of Lordco Auto Parts.
Other stocks highlighted include Seaway Valley Capital Corporation (OTCBB: SWVC): Stock Pick List, up 37% on 55 million shares, Lithium Technology Corporation (PINKSHEETS: LTHU): Stock Pick List, up 17% on 8 million shares, Superconductor Technologies Inc. (NASDAQ: SCON): Stock Pick List, down 2% on 9 million shares.
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All material herein was prepared by CRG Partners, Inc. (CRGP) based upon information believed to be reliable. The information contained herein is not guaranteed by CRGP to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRGP is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRGP has been compensated by third party shareholders with shares or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRGP has been compensated thirty million shares for NLUB. CRGP has also purchased four million shares in the open market. CRGP intends to sell its shares. CRGP has sold approximately zero NLUB shares to date. CRGP may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRGP and its web site are operated under a license from Capital Research Group, Inc., TheSUBWAY.com Inc. and One Source Solutions Inc. (Licensors) and CRGP is not the agent of any of the Licensors and CRGP is solely responsible for all statements made herein. CRGP's affiliates, officers, directors and employees intend to buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. CRGP will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.