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| BMIX and VMGI Both Up Nicely on News |
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 Hot Stock to Watch
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Company: Brazil Minerals Inc. (OTCQB: BMIX)
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End of Day:
Price: 0.1223
Change (%): + 0.0123 (11.18)
Volume: 283,119 |
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Brazil Minerals, Inc. Receives US 500,000 Dollars From Polished Diamonds Transaction
BELO HORIZONTE, BRAZIL--(Marketwired - Mar 10, 2014) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a diversified mining company currently producing diamonds and gold at its Mineração Duas Barras Ltda. ("Duas Barras") property in Brazil, announced today that it has received US 500,000 dollars from two U.S. high net worth individuals, including a natural resources expert, as payment on polished diamonds for delivery over a period of one year. Further details concerning the transaction are set forth in the Form 8-K that the Company has filed with the SEC today.
Within the last two months, BMIX has received almost US 1 million dollars, without selling any stock outright, in successfully completed transactions that raised cash for general purposes and funds to purchase mining equipment for Duas Barras. The Board of Directors of the Company has been fortunate to select from whom it takes capital and to negotiate terms that it considers attractive to BMIX and its shareholders. The groups and principals transacting with BMIX have been financially sophisticated, and have included investment managers, venture capitalists, and natural resource experts, all of whom performed due diligence on the Company and its assets.
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 Yesterday's Top Performer
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Company: Verde Media Group, Inc. (Pink Sheets: VMGI)
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End of Day:
Price: 0.011
Change (%): + 0.0018 (19.57)
Volume: 13,847,284 |
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Verde Media Group Inc. Launches The Marijuana POT-CAST With The Alan Berman Show
LOS ANGELES, March 10, 2014 /PRNewswire/ -- Verde Media Group Inc. (OTC: VMGI)
The Alan Berman Show and Verde Media Group officially launch the Marijuana Pot-Cast. The show will air weekly on Fridays. The broadcast will feature industry professionals, comedians, actors, advocates, scientists and personalities that all have something to say about marijuana.
William Veve, President of Verde Media Group, Inc. stated, "This is a perfect way to educate and entertain an audience and keep current with a fast evolving industry while having a few laughs."
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Other Small Cap News
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Company: Medbox, Inc. (Pink Sheets: MDBX)
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Medbox Issues Shareholder Update
Board to Pursue Listing on Major National Exchange During 2014
"The last 90 days have been highly productive, and Medbox continues to lead this burgeoning new industry," stated Vincent Mehdizadeh, Board Chairman at Medbox, Inc. "We continue to take the steps to set Medbox apart from others in the industry, ensuring that we have the appropriate controls and resources in place and adding seasoned talent to lead future growth."
Dr. Bruce Bedrick, Medbox President and CEO, added, "With the effectiveness of our Form 10 later this month, Medbox will be a fully reporting company. Our pending status as a future SEC filer, as well as key additions to our management team, are important steps for strengthening the legitimacy of Medbox and increasing our ability to reach new investors and clients. We look forward to continuing to exceed expectations in the coming months."
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Company: KonaRed Corporation (OTCBB: KRED)
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KonaRed Becomes Official Supplier for USA Volleyball Cup 2014
COLORADO SPRINGS, CO--(Marketwired - Mar 10, 2014) - USA Volleyball has signed an agreement with KonaRed Corporation (OTCBB: KRED) designating the beverage producer as an Official Supplier for the USA Volleyball Cup 2014, a series of events featuring the U.S. Men's and Women's National Volleyball Teams that will be held in July and August. The deal was jointly announced by USA Volleyball Secretary General Kerry Klostermann and KonaRed Corporation CEO Shaun Roberts.
KonaRed manufactures antioxidant beverages, organic green teas and on-the-go packs developed from antioxidant extracts and powders from exclusive Hawaiian coffee fruit. As an official supplier to the USA Volleyball Cup, KonaRed will further promote its brand, showcase its product and proactively target the sports industry.
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Market News
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By Carl C. Icahn: The Exchange
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Icahn on eBay: Donahoe's Inexcusable Incompetence Cost eBay Stockholders Over 4 Billion Dollars
New York, New York, March 10, 2014 - Today Carl C. Icahn released the following open letter to stockholders of eBay Inc.:
We believe, based on our review of the evidence currently available in the public domain, including eBay’s own statements, that the following assertions are indisputable. Stockholders: you be the judge.
- eBay CEO John Donahoe oversaw a premature sale of Skype at a diminished price that resulted in eBay stockholders losing over 4 billion dollars as compared to the sale of Skype to Microsoft 18 months later.
- Who can doubt that if eBay were a private company, Donahoe would be fired when the facts were disclosed to the owners? But sadly at many of our public companies, such as eBay, there is a lack of accountability, and transgressions by management are swept under the rug by crony boards. If middle management makes a costly error, they pay the price; if the CEO makes one, too often the “old boy” board covers it up and gives him a bonus.
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By Deirdre Hughes: Hot Stock Minute
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Bull market turns five, but will it live to see six?
This week marks the five-year anniversary of the bull market. It was March 9, 2009 when the S&P 500 hit its low of the financial crisis. Since that point, the S&P is up more than 177%. But will the bull market make it to the ripe old age of 6? Only 1/3 of five-year-old bull markets make it through the 6th year, according to S&P Capital IQ. Stocks this year likely will have to contend with rising interest rates. The Federal Reserve is watching the job market as it weighs the right timing to begin to boost interest rates from their current levels near zero. Could that derail stocks? Or is there reason for optimism? In the associated video Yahoo Finance Columnist Rick Newman offers his view on where stocks go from here.
Related to the question of where stocks go is the weather effect and how much of a factor the weather really has been on the economy. We’ve heard it used as an excuse for disappointing results on everything from manufacturing to retail sales, including Bed, Bath & Beyond (BBBY) and McDonald's (MCD) which reported this morning that U.S. same store sales declined 1.4% in February. Last month's jobs report bucked the weather trend and showed companies actually managed to create new jobs despite the weather. How will that affect the way markets have been factoring in weather in recent bad reports? Is the weather excuse overblown?
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SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that the information is accurate. It is important for you to verify all information by your own independent research. You are receiving this message because you have agreed to receive emails from SmallCapVoice.com. You may opt out of our distribution list at any time by clicking on the "unsubscribe" link below. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications. |
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