WESTON, Fla., Nov. 30, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Diamant Art Corporation (OTCBB:ARIOF), Parlux Fragrances, Inc. (Nasdaq:PARL), SuperGen, Inc. (Nasdaq:SUPG) and China Automotive Systems, Inc. (Nasdaq:CAAS).
Aggressive investors and traders will be watching Diamant Art Corporation (OTCBB:ARIOF), formally ART International Corp., this morning! Yesterday after the markets closed, the company issued a press release announcing that through its wholly owned subsidiary, Diamant Film Inc., it has supplied its revolutionary non-PVC food stretch film to a leading edge food equipment manufacturer with sales in over 100 countries, for the purpose of testing Diamant(tm) film on their equipment!
This is good news for investors! Diamant Film Inc. CEO Stefan Gudmundsson states, "Providing Diamant film to a worldwide, total solution supplier for the food industry, represents one of the many initiatives Diamant Film has undertaken to commercialize Diamant(tm) film in Canada, the U.S. and Mexico, in the near future."
The press release also stated that Diamant Art has also applied for a new cusip number and symbol, which it anticipates will be completed imminently.
Investors watch this one! We recently reported that the company issued a press release announcing that, through its wholly owned subsidiary, Diamant Film Inc., it has entered into a ten year distribution agreement with Diamant Plastics Corporation for the exclusive Mexican marketing and distribution rights to Diamant, a non-PVC food stretch film in addition to its Canadian and United States rights.
The stock closed yesterday at fourteen cents a share.
In case you are not familiar with the company: ART International Corporation, through its wholly owned subsidiary Diamant Film Inc., has secured a ten year agreement with Diamant Plastics Corporation for the exclusive marketing and distribution rights in the United States, Canada and Mexico to Diamant(tm) Film, a non-PVC food stretch film. Diamant(tm) Film is the world's first plasticizer-free stretch film based on polystyrene and the first food wrap film that is environmentally friendly and recyclable. Diamant(tm) Film has recently received the ECO logo certified by the Environmental Choice (M) Program, North America's leading benchmark of environmentally responsible products and services. Diamant has successfully met the criteria for both the environmental and performance standards.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Parlux Fragrances, Inc. (Nasdaq:PARL) up 13.4% on 1.5 million shares traded, SuperGen, Inc. (Nasdaq:SUPG) up 13.6% on 4.9 million shares traded and China Automotive Systems, Inc. (Nasdaq:CAAS) up 111.7% on 9.1 million shares traded.
Commentary:
"Microsoft is paying a special dividend this Thursday; $32 billion dollars or $3 per share for any shareholders on record as of November 17; this is the first time for such a dividend windfall from the software maker," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 25 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
-- Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street! If you receive any such fax, please do not contact us at www.wallstreetnewsalert.com. You may wish to inquire about the fax with the CEO of the company that the fax is written about. --
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For past, present and future services, WSCF has been compensated ninety-seven thousand dollars for coverage of ART International Corp. (OTCBB:ARIOF), by a third party (Alex Consulting Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd. Sonja Rudd does not accept stock as compensation from any of the companies mentioned in this release.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.