StockTradersResource.com: FVRD Tops Hot Stock List
12/14/2006
Dec 14, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Stocks To Watch: FAVORED Inc. (PINKSHEETS: FVRD), HyPower Fuel Inc. (PINKSHEETS: HYPF), Grey Wolf Inc. (AMEX: GW), Conectisys Corp. (OTCBB: CNES), Ford Motor Co. (NYSE: F)
FEATURED STOCK: FAVORED Inc.
Ticker Symbol FVRD: Current Price (0.40) www.stocktradersresource.com
FAVORED(R) Inc. Posts 110% Revenue Increase for Half Year Ended June 30, 2006
WEST LAFYETTE, IN - FAVORED(R) Inc. (PINKSHEETS: FVRD) announced today that it has made its financial statements for the first half of fiscal year 2006 publicly available. The Company\'s financial statements may be found on the Company\'s website (www.favoredgrain.com) and will soon be available on the Pink Sheets\' website (www.pinksheets.com).
Revenues of $5,300,000 for the half-year ending June 30, 2006, were reported by FAVORED(R) Inc. The revenues were almost entirely generated by the Company\'s recently acquired subsidiary, Innovative Agricultural Concepts, LLC ("IAC"). This represents a 110% increase over the same period in IAC\'s previous fiscal year. Revenues for Q2 2006 were $2.7M, up 104% from Q2 2005 and revenues for Q1 2006 were $2.6M, up 116% from Q1 2005.
Dr. Claude Page, President and C.E.O of FAVORED(R) Inc., stated that the company has been diligently working in preparing the consolidated financial statements as the operating company recently went public through a share exchange agreement between Urbanalien Corporation (now FAVORED(R) Inc.) and Innovative Agricultural Concepts, LLC. "We also anticipate releasing our 2006 Q3 results within the next 10 days." Together with the release of the 2006 first half results, FAVORED(R) Inc. has also posted on their website, the financial statements of Innovative Agricultural Concepts, LLC for the years ending 2004 and 2005, whereby revenues were $1.3M and $7.2M respectively.
About FAVORED(R) Inc.
The all natural FAVORED(R) System delivers food products that carry the assurance of being completely traceable from origin to consumer from "seed to plate." Its patent pending system focuses on those traits that today\'s consumers desire; products free from growth hormones and antibiotics and produced with only non genetically modified feed rations.
FAVORED(R) Inc., therefore, participates in a market segment that represents approximately 33% of the U.S. population. In fact, sales to consumers who demand natural/organic foods now exceed US $30 billion each year.
For more information about FAVORED(R) Inc., please visit us at: www.favoredgrain.com and www.favored.tv.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of Future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management\'s strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
Contact information: Peter George fvrdIR@favoredgrain.com
SOURCE: FAVORED Inc.
CONTACT: mailto:fvrdIR@favoredgrain.com
HyPower Fuel Inc.
Ticker Symbol HYPF: Current Price (0.235) www.stocktradersresource.com
HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative alternative energy through hydrogen production and hydrogen related products. HyPower has successfully commercialized the integration of hydrogen production and hydrogen insertion technologies using electrolysis to improve the overall performance and efficiency of the internal combustion engine while burning gasoline, diesel, natural gas, liquid propane, ethanol, methanol or a combination of fossil fuels and biofuels. HyPower\'s signature product, the Hydro Power Pak (HPP), has demonstrated a significant impact on the performance of engines while at the same time increasing fuel economy, significantly reducing harmful emissions, inducing a cleaner more efficient burn, and increasing torque and horsepower. The HPP results in greater productivity, less carbon residue and sludge build-up and overall increased operating efficiency. HyPower is also engaged in the research and development of hydrogen production technology and biofuel products.
Grey Wolf Inc.
Ticker Symbol GW: Current Price (7.16) www.stocktradersresource.com
Grey Wolf, Inc., through its subsidiaries, provides onshore contract drilling services to the oil and gas industry. It conducts its operations primarily in drilling markets of Ark-La-Tex, Gulf Coast, Mississippi/Alabama, south Texas, Rocky Mountain, and the Mid-Continent markets in the United States. Its rig fleet consists of mechanical and diesel electric drilling rigs. Grey Wolf also utilizes top drives in its drilling operations. The company operates in Alabama, Arkansas, Colorado, Louisiana, Mississippi, New Mexico, Oklahoma, Texas, Utah, and Wyoming. As of March 3, 2006, it had a total drilling rig fleet of 115 rigs. The company serves independent producers and oil and gas companies. Grey Wolf was founded in 1978 and is headquartered in Houston, Texas.
Conectisys Corp.
Ticker Symbol CNES: Current Price (0.003) www.stocktradersresource.com
Conectisys Corporation, a development stage company, engages in the development of automatic meter reading technologies and products for remote reading of electronic energy meters located in residential structures. The company\'s principal product is H-Net, a wireless meter reading technology designed for residential, commercial, and industrial applications. The H-Net system consists of three primary components: H-Net-equipped meters, an electronic meter put into service at a residence that is equipped with a circuit board that contains a memory module, microprocessor, and a two-way radio transmission and receiver device that operates in the ISM 900 MHz radio frequency band; a base station that collects the meter data; and a network operating center that archives and displays energy consumption reports four times an hour through the Internet. ConectiSys was incorporated in 1986 under the name Coastal Financial Corp. and changed its name to BDR Industries, Inc. in 1994. Further, the company changed its name to ConectiSys Corporation 1995. The company is based in Valencia, California.
Ford Motor Co.
Ticker Symbol F: Current Price (7.13) www.stocktradersresource.com
Ford Motor Company engages in the manufacture and distribution of automobiles worldwide. It manufactures and sells cars and trucks, and related service parts under Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury, and Volvo brand names. The company also provides retail customers with after-the-sale vehicle services and products in areas, such as maintenance and light repair, heavy repair, collision, vehicle accessories, and extended service warranty. Ford markets its products through retail dealers in North America, and through distributors and dealers outside of North America, as well as sells its products to dealers for sale to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. Its financial services subsidiary, Ford Motor Credit Company, offers various automotive financing products to and through automotive dealers worldwide. Ford Motor Credit\'s primary financial products comprise retail and wholesale financing, and other financing, such as making loans to dealers for working capital, improvements to dealership facilities, and the acquisition and refinancing of dealership real estate. The company operates in approximately 200 markets across 6 continents. Ford Motor was founded in 1903 and is based in Dearborn, Michigan.
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