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It's time for a new BLOG posting
on Xenomics (OTC BB: XNOM). XNOM has rocketed up the charts
in the last few days. Two months ago I felt this was one of our least likely
candidates for a short term move. I have been counseling that the stock
was for long term investors only. What do I know? On March 17th we first
featured the company at $2.50. The stock is trading at $4.50
today- an 80% return ninety days. This is a refreshing oasis
in the 2005 endless desert. The medical community is starting to take note
of their transrenal DNA technology. Look for a BLOG posting on this one
in the next day or two.
To use the BLOG, simply go
to the home page at www.otcjournal.com
- the BLOG will scroll down automatically on the right side of your
screen. The most current journal entries appear in the middle of your screen.
Check back frequently for updates particularly when stocks are moving to
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Datascension
(OTC BB: DSEN); New Hire Paying Dividends |
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In the March
22nd edition I first featured DSEN. This company has nearly
700 employees and conducts marketing surveys out of their state-of-art
technology and telemarketing center in Costa Rica. The market survey business
is a $12 billion industry world wide.
Market survey and customer service
outsourcing has been moving from the Far East back to this side of the
globe as the language barrier has become too cumbersome. DSEN has
become the benficiary of that trend.
Datascension achieved $8.6
million in revenues last year, and after a slow start has now logged back
to back record months for both sales and revenues in April and May.
The company is uniquely positioned
to service both the English and Spanish speaking markets. They have the
ability to target the red hot Latino demographic in the US, and can also
provide services to Central and South America.
As previously announced, DSEN
recently hired a specialist in Southern California to help them penetrate
the Latin American market, and that new hire is starting pay dividends
already.
Today, after the market closed, DSEN
announced it had been retained by MEDirect, a company that sells
diabetic supplies directly to Medicare eligible diabetic patients in the
Latino community in the US and Puerto Rico. MEDirect is engaging
in a TV campaign targeted at the US Spanish Speaking populatoin.
This is the best kind of new business
for DSEN, as it is customer service related, and will not cut into
existing survey business which only runs about 6 hours per day.
As you can see from the bar chart,
the purchasing power of the Latino Community in the US is growing exponentially
and is expected to eclipse the $1 trillion mark by year 2010.
Furthermore, the statistics associated
with Latino Type II Diabetes in the US are quite eye opening:
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The prevalence of type 2 diabetes is
1.5 times higher in Latinos than non-Latino whites.
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Two million or 8.2% of all Latino Americans
aged 20 years or older have diabetes.
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Approximately 24% of Mexican Americans
in the United States and 26% of Puerto Ricans between the ages of 45-74
have diabetes.
-
Nearly 16% of Cuban Americans in the
United States between the ages of 45-74 have diabetes.
Hence, the market for diabetes supply
treatments for the Latino population is huge and growing rapidly. Couple
that growth with a customer service department that is fluent in the language,
and you have the ingredients for substantial and rapid growth.
Although it's impossible to say when
this stock is going to break out, you can certainly say the stock is camped
at a great level for accumulation. It's been camping on Fibonacci's perfect
61.8% retracement level for the last month, simply grinding.
A decent volume surge on the buy
side could yield a nice upside move in DSEN as the stock has had
months to absorb supplies from sellers. There are only 16 million I&O
on this one, and probably only about 4 million in public hands.
Today's contract announcement give
you another reason to own this stock. Strong revenue base, a customer list
of Fortune 500 companies, an infrastructure already built out for rapid
expansion, and a small float. Sounds like the ingredients for appreciation.
Here is the complete text of today's
news release for your review:
| PressPress Release Source:
Datascension Inc.
Datascension Chosen
to Provide Bilingual Customer Service Support to MEDirect Latino Inc.
Wednesday June 8, 4:00
pm ET
Datascension Expertise
Allows MEDirect to Begin TV Marketing Campaign Significantly Ahead of Schedule
BREA, Calif.--(BUSINESS
WIRE)--June 8, 2005--Datascension Inc. (OTCBB: DSEN - News) is pleased
to announce that it has been chosen by MEDirect Latino Inc. (OTC: MLTO
- News) to provide bilingual customer intake support for its national television
advertising campaign.
MEDirect Latino Inc.
is a rapidly growing, uniquely positioned provider of direct-to-consumer
Medicare-reimbursed medical products focused exclusively on chronic diseases
afflicting the Hispanic community in the United States and Puerto Rico.
In a recent MEDirect
press release, President Debra L. Towsley stated, "After a thorough vetting
process, the company's selection committee chose Datascension Inc. to support
our uniquely trained and skilled bilingual diabetic customer care representatives.
Datascension was chosen because of its understanding of what MEDirect Latino
is accomplishing in the Hispanic healthcare marketplace."
MEDirect Latino is the
first company to develop a culturally specific, bilingual, direct-to-consumer
sales program in the United States, focused on the Medicare-eligible Hispanic
diabetic consumer.
With this outsourcing
initiative undertaken by MEDirect, coupled with Datascension's expertise
and hundreds of bilingual professionals, MEDirect will begin its national
advertising campaign through Spanish-language television on June 15, a
full 90 days ahead of its originally scheduled launch.
"The scope of the MEDirect
Latino relationship is a further testament to the deep commitment and robust
infrastructure we have put in place to meet the diverse needs of our customers,"
stated Datascension CEO Scott Kincer. "We are pleased to assist MEDirect
in providing this critical health-related service to the Hispanic community."
About Datascension
Datascension Inc., through
its sole subsidiary, Datascension International Inc., is engaged in the
collection, storage and processing of data and conducting outsourced market
research with operations in California, Costa Rica and the Dominican Republic.
Datascension is rapidly becoming one of the largest Spanish-speaking call
centers. The company's commitment to customer service, quality and on-time
project management has fostered its world-class reputation among major
market research firms and corporate market research departments.
Safe Harbor Statement
under the Private Securities Litigation Reform Act of 1995: Certain statements
made in this press release contain certain forward-looking statements that
involve a number of risks and uncertainties. In addition to the matters
described above, the company's ability to initiate and complete the contemplated
transactions described above will depend upon a number of factors including
overall economic conditions, general stock market conditions and the continuing
results of the company, as well as the risk factors listed from time to
time in the SEC filings of Datascension Inc.
For further information:
www.datascension.com.
Contact:
Stock Enterprises
Jim Stock, 702-274-5400 (Investor Relations)
stockenter@aol.com
Source: Datascension
Inc. |
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