CALGARY, Alberta — The investment opinions offered below and in this press release are
provided by Nick Hunter, RIA, of Picksthatmove.com.
At PicksThatMove, our team scours the technical and financials of
hundreds of companies to identify those stocks showing the greatest
potential for growth.
Ross River Minerals Inc. (TSXV: RRM), $0.055, 0.015, 37.50%, traded
the day away on strong gains of over 37.50%, trading in the range of
0.065 and 0.045, on significantly higher volume. The last announcement
from Ross River was on the arrangement of a private placement by the
sale of up to 10,000,000 units at a price of $0.05 per Unit for total
maximum gross proceeds of $500,000. Ross
River is a junior resource company focusing on the acquisition,
exploration and development of gold and copper-gold properties in the
territory of Yukon and Mexico.
Fission Energy Corp. (TSXV: FIS), $0.63, 0.05, 8.62%, announced
yesterday that it had granted incentive stock options for Directors,
Officers, employees and consultants allowing them to purchase 1,200,000
shares in the company @ $0.55. The options are exercisable until
February 13, 2015. FIS traded today between 0.59 and 0.67 surpassing its
52 week-high from yesterday of 0.62. Fission
Energy is a Canadian based resource company focusing on the
acquisition, exploration and development of uranium properties.
[ILLUSTRATION OMITTED] MAY I HAVE YOUR UNDIVIDED ATTENTION PLEASE!” Small guy, big mouth: Hes maybe 15, black, skinny kid, but his voice fills up the noisy New York City subway car and then some. “I am selling candy! I got Snickers! I got Peanut MMs! I am trying to make some money! This isnt for school, this isnt for a basketball team, this is for ME! So I can get more candy and MAKE MORE MONEY!” The straphangers appreciate his no-malarkey sales pitch and his entrepreneurial spirit. He does a bit of business, and a few people just give him a buck and skip the candy. His name is Will, and he is not turning down a dollar. But its a tough hustle: Accounting for the cost of his product and his subway pass, it takes him about three hours to earn $20 free and clear, an implied wage of $6.67 an hour–well under minimum wage. On the other hand, its tax-free, and he sets his own hours. Will wants to go to college–and then what? “Be an independent businessman.” Hes already that, and, if persistence really does pay, hes going to do fine for himself. Theres a whole weird little economy on the subway, from candy hustlers like Will to the Chinese ladies who sell pirated DVDs of movies that have just opened in the cinemas. There are acrobats and mariachi bands, good old-fashioned panhandlers, poets, preachers, and percussionists. Its all part of the famous entrepreneurial bustle of New York. But stay on that No. 4 train a few more stops, north of Harlem and into the Bronx, and that entrepreneurial energy evaporates. Not far from the Kingsbridge Road stop is the Eighth Regiment Armory, a fantastically out-of-place 575,000-square-foot brick castle. Its been a lot of different things over the years–barracks, homeless shelter, boat-show venue, a pre-creepified set for Will Smiths I Am Legend–but it currently is vacant, as are a lot of buildings in the Bronx. Passing by, late on a weekday morning, is a local who calls himself “C,” a black man as sturdily built as the armory itself. C very much wants a cigarette. This is a problem, because he is not currently in funds, in no small part because he does not have a job. In fact, at 35 years old, C has never held a job. His friends, acquaintances, known associates (C is a little foggy on whether hes on probation or parole, but hes got some known associates): no jobs, never really had them. His father? Do not ask C about his father. In fact, the only people C can think of who have jobs are women: His mother worked, the mother of his children works. He did know a woman who was dating a taxi driver once. C says he would like to work but is more of an independent businessman. He describes the informal work he has done as “this and that,” and says he would like to “have his own place,” a bar or a nightclub. But dont expect to see him selling candy on the No. 4 train anytime soon. Asked about the recently defeated plan to convert the gigantic fortress that looms over his neighborhood into a shopping mall, C says he hasnt heard about it. If the plan had gone through, Manhattan-based developer Related Companies would have received about $50 million in tax subsidies for a project that would have created as many as a thousand retail jobs and, during its construction, employed a thousand or more highly paid union hardhats. But the city council killed the project. The Bronx delegation demanded that Related enforce upon its leaseholders a requirement that all of the jobs in the mall pay at least $10 an hour, plus benefits, much more than the prevailing wage in the Forever21-and-food-court racket, to say nothing of the $7.25 minimum wage. So a $300 million project, and a couple of thousand new jobs in a neighborhood that needs them, never happened. Bronx borough president Ruben Diaz Jr. infamously declared: “The notion that any job is better than no job no longer applies.” The New York Post pithily pointed out that when it comes to real jobs, Diaz has never had one–not in the private sector, anyway–and neither has any other member of the Bronxs city-council delegation: All are lifelong politicians, many of them having held elected offices or political appointments since their early 20s. Diaz himself has been an officeholder since he was 23 years old. Its good work, if you can get it. But theres not much other work to be had in the Bronx, where unemployment is currently at about 13.1 percent. Much of the Bronx is young and black or young and Hispanic. Nationally, the unemployment rate among blacks rose to 16.2 percent in the year-end numbers, while the rate for whites fell to 9.0 percent. For black youths, the numbers are startling: 50 percent for 16-19-year-olds, 26 percent for 20-24-year-olds. A study from the Community Service Society of New York puts actual work-force participation among black men 16-65 years of age in New York City at about 50 percent, and the number for young black men nationwide is just 40 percent.
In the news release,
“Sino Green Land to Supply Green Foods to East Timor Through Cooperative
Agreement,” issued Monday, January 11, by Sino Green Land Corporation
(OTCBB: SGLA), we are advised that the company wishes to clarify that the
Government of Timor-Leste has not endorsed the companys participation in
the development of the agricultural sector of East Timor and/or the
companys proposed business or investment activities. Complete corrected
text follows.
Sino Green Land Announces Plans to Supply Green Foods to East Timor Through
Cooperative Agreement With Members of the Private Sector
NEW YORK, NY and GUANGZHOU, CHINA — January 11, 2010 — Sino Green Land
Corporation (OTCBB: SGLA), a leading distributor of high-end fruits and
vegetables in China, today announced the signing of a cooperation agreement
with local business representatives in Timor-Leste (”East Timor”).
Mr. Anson Fong, Chairman, stated, “After extensive discussion and a
thorough examination of our operations and facilities, we are pleased to
announce this cooperation agreement with local business representatives in
East Timor. Sino Green Land hopes to introduce and promote green foods and
cooperate with the local business representatives to participate in and
contribute to the development of agricultural opportunities in East Timor.
This is an important geographic expansion for Sino Green Land and we are
excited about the potential prospects.
About Sino Green Land Corporation
business
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