Stock Ticker

  • Loading stock data...

Wall Street Digest: APT Moto Vox Group Inc (OTCMKTS:FROZ), TheDirectory.com Inc (OTCMKTS:SEEK), China Recycling Energy Corp. (NASDAQ:CREG)

Boston, MA 06/26/2014 (wallstreetpr) – APT Moto Vox Group Inc (OTCMKTS:FROZ) announced a large order commitment for its new product known as MBX20. The order came from one of its current customers, but FROZ declined to name the customer or the amount of money involved in the deal. However, it announced that the order commitment involves 1,000 units of MBX20, which is a two wheeler recreational and utility product.

MBX20, which has a wide scope of uses, is still in the pre-production stage, but order commitments can be seen trickling in even before it hits the stores. Although retailers in the U.S. will start offering the product this year, the management of APT Moto Vox Group Inc (OTCMKTS:FROZ) expect significant demand by 2015 as many people become aware of the product and its benefit. As such, according to the company’s President Troy A. Covey, they expect “rigorous sales in the domestic and international markets.

According to CEO Wayne Patterson, production of MBX20 is expected to begin in July this year.

TheDirectory.com Inc (OTCMKTS:SEEK) has kicked its branding campaigns to increase exposure for the company. The company is talking about running its television ad campaigns on channels such as CNBC, FOX, CNN, AMC, ESPN and Bravo. The start of the campaign started after a few weeks of delay.

Although the TV campaigns will lead to significant exposure for the company, which is good for business, the company presents some concerns that investors should be aware. The company has performed massive dilution in the past months and its move to increase authorized shares to 6 billion at a time when the outstanding shares stand at 3.8 billion suggests more room for dilution.

China Recycling Energy Corp. (NASDAQ:CREG) is at loss about what might have caused the recent unusual trading in it shares. In a press release, the provider of energy recycling and savings products said it was unaware of the any materials beyond its recent SEC filing that would promote such unusual trading in its stock.

Nonetheless, China Recycling Energy Corp. (NASDAQ:CREG) maintained that its construction projects are progressing well, and even its operations and financial positions are fundamentally sound.

Published by Alan Masterson

Alan has over 25 years of trading experience in the U.S. equity markets. He began his career in finance working on a program trading desk specializing in over-the-counter stocks. His career progressed from that point to his current position as senior trader on an institutional trading desk. In the evenings, Alan teaches economics at a local community college. He has contributed articles to various publications over the last six years, including feature articles for an economics magazine and various financial blogs. You may contact Alan via his email ([email protected]) or his Google+ page (https://plus.google.com/103338576216002376250).



Recent Stories

SignUp Now For Our Featured Newsletter