WESTON, Fla., May 4, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Injecto-Matic Systems International Inc. (Pink Sheets:IJMS), TS&B Holdings Inc. (OTCBB:TSBB), Eagle Broadband Inc. (AMEX:EAG) and Generex Biotechnology (Nasdaq:GNBT)
Aggressive investors need to monitor Injecto-Matic Systems International Inc. (Pink Sheets:IJMS) this morning! Yesterday after the markets closed, the company issued a press release announcing the signing of 2 major distribution channels for the "BUG BAT" mosquito repellant system!
This could be great news! The first distribution deal being Trustar Global Media Ltd. of the UK, which is the media owner of the following channels; 3 24/7 TV channels on the Sky Digital platform. Also Sports Genre, Golf TV Channel 429, Entertainment, You TV Channel 229 and TV Home Shopping, Shop America Channel 637.
The second being HQV Inc. of Toronto, which is a major player in the loyalty rewards programs in Canada. The incentive industry is a multi-billion dollar industry. HQV Inc. is currently working as the fulfillment center for such incentive programs as Air Miles Reward Miles, American Express, HBC Rewards, Royal Bank Gold Visa and CIBC Gold Visa to name a few.
Keep your eyes on this company! Jim Angus, president of Injecto-Matic, states, "Along with these 2 major distribution channels, recent announcements and further deals to complete, we have increased our pre-launch production of the BUG BAT. We have been met with overwhelming results in our product acceptance at all levels. This is truly a great time for us and we look forward to our laboratory test results later this week."
The stock closed yesterday at thirty-nine cents a share.
In a recent press release, the company has stated that the "BUG BAT(TM)" is a compact (11"x 14"x 12") effective patent pending & proprietary delivery system that a creates 30'x 30' (approx.) "Bite-Free Zone" in your outdoor living space, through the use of new and innovative Scent Technology (non-toxic to humans and all natural repellent components). At retail price in the range of $99 U.S., they are confident that they will acquire a share of the $500 million U.S. repellent industry.
Stocks showing interesting activity yesterday were: TS&B Holdings Inc. (OTCBB:TSBB) down 6.6% on 17.5 million shares traded, Eagle Broadband Inc. (AMEX:EAG) up 1.1% on 4.3 million shares traded and Generex Biotechnology (Nasdaq:GNBT) up 11.7% on 1.4 shares traded.
Commentary: Outsourcing Good "News"
"In a report by Information Technology Associates, the U.S. will save roughly $21 billion by the year 2008 through hiring workers in low-cost countries. But this will also add $124 billion and 317,000 jobs in the U.S. Get your resumes ready," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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