WESTON, Fla., Oct. 28, 2004 (PRIMEZONE)-- Wall Street News Alert's "stocks to watch" this morning are: Tubac Holdings, Inc. (Pink Sheets:TBAH), McKesson Corporation (NYSE:MCK), Mercury Interactive Corp. (Nasdaq:MERQ) and Applied Micro Circuits Corporation (Nasdaq:AMCC).
Aggressive investors and traders need to watch Tubac Holdings, Inc. (Pink Sheets:TBAH) again this morning! Yesterday after the markets closed, the company issued a press release announcing that has either completed or entered into a letter of intent for four major public company reorganizations in the last two months!
This is more great news for investors! Tubac's early success can be attributed to its extraordinary management team. Tubac is pleased to announce that David Brown, a dynamic industry leader, has joined Doug Wyatt as a Director and Officer of New Life Solutions, Inc., one of Tubac's four largest partners. Tubac will own approximately 20% of New Life Solutions in addition to three other publicly traded companies upon completion of each transaction. The Management of Tubac is extremely pleased with this success bringing Chef Select, New Life Solutions, Hagrid Mining and Development, and Quaestus Refining, LLC under contract to become publicly traded.
Investors watch this company! Highlights from the press release include:
Gold and Oil Production Partners
Hagrid Mining and Development LLC and Quaestus Refining LLC are both in extremely popular investment sectors (gold and oil). Besides both being strong companies, these two sectors have outpaced the market at near record pace with oil hitting all time highs and gold predicted to soon follow. These economic factors allow both companies to operate at higher than usual profit margins adding more profit to the bottom line.
Management of New Life Solutions
New Life Solutions has partnered with Sybiotics, Inc. to market and distribute quality colostrum and other revolutionary health products. New Life, along with Tubac, is thrilled to announce the addition of David Brown, J.D. as an Officer and Director to the stellar management team. Brown is particularly well known for his tremendous success while President/CEO of Metabolife International, Inc. Under his leadership, the company achieved record sales and profitability levels and became the #1 weight-loss product company in the U.S. New Life Solutions will benefit from its partnership with Symbiotics, Inc., an internationally recognized and acclaimed company which is the worlds largest producer and distributor of premium quality colostrum products. For almost ten years, Symbiotics products have been marketed through natural food stores, natural products supermarkets, and supplement stores. New Life Solutions will expand branded sales of these products via a breakthrough distribution strategy which aims at and addresses multiple marketing channels which include: (1) Direct marketing via radio and television infomercials, web broadcasting, advertising, direct mail response and catalog sales; (2) Retail outlets, with an emphasis on shopping carts/kiosks located in the center of traffic in major malls; (3) Network marketing.
The stock trades at around twelve cents a share.
In case you are not familiar with the company: Tubac is a holding company that specializes in bringing dynamic private companies into the publicly traded arena. The Holding Company provides consulting, capital, management, and other services aiding companies in becoming publicly traded. Tubac specializes in finding undervalued small cap and micro cap companies that are strong candidates to become publicly traded. The Holding Company takes an approximately 20% equity position in each of the companies it brings under contract. The result of this is a diversified holding company with equity and profit sharing in a variety of publicly traded companies. Currently, Tubac Holdings owns equity positions in the gourmet food industry, the nutaceutical industry, the gold mining industry, and is in negotiations with a dynamic oil & gas company. Tubac Holdings, Inc. plans to sign a letter of intent to complete reorganization every two months. At this rate, Tubac Holdings, Inc. will continue its strong growth model increasing shareholder value quickly. The company's website is www.tubacholdings.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: McKesson Corporation (NYSE:MCK) up 6.1% on 5.6 million shares traded, Mercury Interactive Corp. (Nasdaq:MERQ) up 6.6% on 5.4 million shares traded and Applied Micro Circuits Corporation (Nasdaq:AMCC) up 2.1% on 5.4 million shares traded.
Commentary:
"U.S. stocks surged on Wednesday with the Dow back above 10,000 after oil prices fell almost 5 percent, alleviating worry that high energy costs will eat into corporate profits and consumers' wallets. A higher-than-expected rise in crude inventories last week sent NYMEX December crude tumbling to settle $2.71 lower at $52.46 -- just two days after hitting an all-time high of $55.67," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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