ORLANDO, Fla., April 12, 2007 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., announced today that it has issued a research update on Universal Guardian Holdings, Inc. (OTCBB:UGHO).
Joe Blankenship, MBA, CFA Level I Candidate, RedChip Research Analyst, wrote in the report:
"We believe that these marketing activities will help to accelerate the momentum of UGHO toward its revenue and profitability goals. While the infomercial and commercial marketing are having an immediate effect, other impacts will develop over time. These programs, along with the last ten consecutive quarterly revenue increases, cause us to maintain our Strong Buy rating and increase the 12-month price target to $3.00 per share. Our valuation is based on projections of double-digit revenue growth again in FY2007.
"If the Cobra StunLight(tm) meets the Company's revenue projections, revenue should surpass $30 million and growth in other business segments could meet our estimate of over $32.0 million. The StunLight margins should enhance gross profit margins, leading to an operating breakeven for the year, based on containing operating expenses at the levels experienced in 2006. The result could be an operating breakeven in 2007 with visible profitability in FY2008."
To receive a complimentary copy of the RedChip Research Report for UGHO, please visit: http://www.redchip.com/visibility/about.asp?page=requestUGHO_Q4_2006.
About RedChip Visibility(tm)
RedChip Research, a division of RedChip Companies Inc., writes fundamental research on small-cap companies. RedChip's success has been documented in Forbes, Barron's and the Wall Street Journal. RedChip Visibility(tm) provides small-cap companies access to both professional and individual small-cap investors by holding conferences throughout the United States, producing online corporate visibility programs, and writing company-sponsored research.
RedChip Visibility Research Disclosure
The analysts contributing to this report do not hold any shares of UGHO. Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. RedChip Companies, Inc. ("RedChip") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. UGHO paid RedChip Visibility $32,400 for the RedChip Research Report and RedChip Visibility Program.
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