RedChip Announces Its Top 2009 Performers

ZAGG Up 662%, LLFH Up 243%, LPIH Up 423%, and WEMU Up 61%


ORLANDO, Fla., June 17, 2009 (GLOBE NEWSWIRE) -- RedChip Companies, Inc. (http://www.RedChip.com) announced today the top-performing stocks listed under RedChip coverage. RedChip's "Top Picks" -- stocks rated Buy or Strong Buy -- which have the highest returns over the last three to six months include ZAGG Inc.; L & L International, Inc.; Longwei Petroleum Investment Holding, Inc.; and Worldwide Energy and Manufacturing USA, Inc.

ZAGG is up 662% since March 2, 2009; L & L is up 243% since April 15, 2009; Longwei Petroleum is up 423% since January 2, 2009; and Worldwide Energy and Manufacturing is up 61% since March 2, 2009. (Based on prices at market close on June 10, 2009.)

Profiles of RedChip's top-performing stocks are as follows:

ZAGG Inc. (OTCBB:ZAGG) has reported double-digit revenue and earnings growth for the first quarter 2009. The company is riding strong on the increasing popularity of its patented gadget protector, the invisibleSHIELD, which now sells in big-box retailers including Target and Best Buy. ZAGG also produces an award-winning audio line with earbuds for smart phones and mp3 players as well as stereo headphones and computer speakers. Since May 2008, ZAGG's stock has appreciated 860% moving from $0.73 to $7.01 at market close on June 10, 2009.

L & L International Holdings, Inc. (OTCBB:LLFH), is a U.S. publicly traded energy company operating profitable coal mines in the resource-rich Yunnan Province, People's Republic of China. For the three months ended January 31, 2009, revenues were up 80% to approximately $9.99 million, and net income was up 211% to approximately $2 million, year-over-year. Revenues were up 79% to approximately $17.3 million for the nine months ended January 31, 2009, and net income was up 580% to approximately $7.4 million, year-over-year. Since April 2009, L & L's stock has appreciated 243%, moving from $0.97 to $3.40 at market close on June 10, 2009. L & L recently announced its application for a NYSE Amex listing.

Longwei Petroleum Investment Holding Ltd. (OTCBB:LPIH) is a profitable diesel, gasoline, fuel oil, and solvent oil distributor operating in Taiyuan City, Shanxi Province, People's Republic of China. Shanxi Province is a heavily industrialized, mining and energy center of China; but, the region has no oil refineries. Longwei has been granted a Finish Oil Wholesale license by the Chinese central government which enables them to engage in the wholesale distribution of fuel products. Revenues for the three months ending March 31, 2009 were $49.7 million, an increase of almost $17.25 million, or approximately 53%, as compared to the same period in 2008. Net income for the quarter ended March 31, 2009, was up 32% to $6.7 million, with net margin of 13.4%. Since January 2009, Longwei's stock has appreciated 423%, moving from $0.22 to $1.15 at market close on June 10, 2009.

Worldwide Energy and Manufacturing USA, Inc. (OTCBB:WEMU) is a 15-year-old engineering-oriented firm specializing in international manufacturing for solar modules, electronics, mechanical and fiber optic products. Worldwide is committed to developing, manufacturing and maintaining the highest quality solar modules (photovoltaics) in the industry. Produced under the brand name "AmeriSolar," Worldwide's solar modules are sold in six countries and provide electric power for residential, commercial, industrial and public utility applications. Revenue increased 90% to $10.3 million for the first quarter 2009. Net income before taxes for the three months ended March 31, 2009 was $506,857 compared to a net income of $218,923 in the same quarter of 2008. The increase of $287,934, or approximately 132%, was largely the result of the increased sales of the Company's solar modules. Since March 2009, Worldwide's stock has appreciated 61%, moving from $3.25 to $5.20 at market close on June 10, 2009.

For more information about RedChip stocks or to access Visibility Research reports, please visit http://www.RedChip.com.

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Qingdao, China; Paris, London, Atlanta, Los Angeles and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV(tm), Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.

"Discovering Tomorrow's Blue Chips Today"(tm)

The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761

Disclosure

The analyst(s) contributing to these reports do not hold any shares of the subject securities. The reports are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and do not purport to be complete. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make or garner an offer, to buy or sell any securities or any options, futures, or other derivatives related to such securities. The subject securities are currently engaged by RedChip Companies' investor relations division, RedChip Visibility, to provide investor awareness services. ZAGG Inc., agreed to pay RedChip Companies, Inc., a fee of $6,750 in cash per month and issued a one-year warrant to purchase 20,000 shares of the company's stock at an exercise price of $2.05 for four months of investor relations services. The security meets RedChip Companies' criteria for independent research coverage. Worldwide Energy and Manufacturing USA, Inc., agreed to pay RedChip Companies, Inc., a monthly fee of $2,500 in cash and 800 shares of Rule 144 stock for six months of investor relations services. The security meets RedChip Companies' criteria for independent research coverage. L&L International Holdings, Inc. paid RedChip Visibility, a division of RedChip Companies, Inc., 30,000 shares of common stock for RedChip Visibility Program services, which included the preparation of equity research reports. RedChip Companies, Inc., is currently engaged by L & L to provide investor relations services. L & L agreed to pay RedChip Companies, Inc. 50,000 shares for six months of these services. Longwei Petroleum Investment Holding Ltd. (LPIH) paid RedChip Visibility, a division of RedChip Companies, Inc., $30,000 for RedChip Visibility Program services, which included the preparation of equity research reports. RedChip Companies, Inc., is currently engaged by this company to provide investor relations services. LPIH agreed to pay RedChip Companies, Inc., a fee of $30,000 in cash per quarter and 70,000 shares of free-trading stock for the first three months and 35,000 shares of stock per quarter thereafter for twelve months of these services. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein.



            

Contact Data