IRVINE, Calif., Aug. 10, 2007 (PRIME NEWSWIRE) -- "One of Newton's Laws holds that for every action there is an equal and opposite reaction, but rarely does that reaction manifest as a public company hitting its 52-week high on one of the year's worst trading days," stated SmallCap Sentinel analyst D.R. Clark.
"Such was the case with Titan Global Holdings Inc. (OTCBB:TTGL), which reached a 52-week high of $1.49 yesterday on fairly active trading despite Wall Street's jitters," Clark added. "This kind of tenacity may demonstrate an underlying confidence among Titan's existing and new shareholders."
"Adding fuel to the fire, Titan announced today that it had appointed veteran executive Frank Orlando as Chief Restructuring Officer of USA Detergents, Inc., (USAD), having recently announced execution of a definitive option agreement to purchase 80% of the outstanding stock of USAD," continued Clark. "USAD has a line of premium brands, through distribution, license and manufacturing agreements. In 2006, USAD generated $56.8 million in revenue."
Titan Global Holdings, Inc. is a high-growth diversified holding company with a dynamic portfolio of companies engaged in emerging telecommunications markets, energy and advanced technologies. For more information, please visit: www.titanglobalholdings.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/titan/ or http://www.b2i.us/irpass.asp?BzID=1314&to=ea&s=0. To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/titan/quote.html. To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/titan/factsheet.html.
An informational report titled "Better Mousetrap Files" is available at www.SmallCapSentinel.com and discusses Titan Global as well as mega-conglomerates General Electric (NYSE:GE), United Technologies (NYSE:UTX), and Honeywell (NYSE:HON).
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Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project its capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been paid $1,500 by Trilogy Capital on behalf of TTGL for preparation and distribution of this report and other advertising services. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding subject companies.
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