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Newsletter
Email : info@otcjournal.com To OTC Journal Subscribers: Dear Members: Two very exciting pieces of news have come our way today.Ê First, the long awaited Initial Public Offering which we featured back in December has finally been approved for trading by the SEC.Ê For those of you who were not members then, you can read that release by clicking here.Ê Qiao Xing Universal Telephone is coming public next Wednesday, February 17th at $5.50 per share.Ê We have read the preliminary prospectus, and we believe this stock will open at a premium to the IPO price. For those new members that are not familiar with our policies, we will not feature an IPO unless the underwriter agrees to allocate some of the IPO shares for our members who wish to participate in the stock.Ê If you want to learn more about this special situation, calls are being taken by Karl Birkenfeld at 888-454-1998 or 212-432-1800.Ê It is strictly up to the brokerage firm as to whether or not they will allow you to participate in the IPO shares. Another piece of good news relates to one of our 1998 profiles, Wordcraft Systems (OTC BB: WORC).Ê For those of you who were not members when we first released this profile last May, this stock was up nearly 400% in the first week after our release of the profile. We profiled the Company at $.21, and within one week the stock hit a high of nearly $.80.Ê After several months of disappointment, the stock retrenched to the original $.21, and from there found its way to as low as $.10 with year end tax selling.ÊÊ If you wish to read everything we've published on the Company, click here. Wordcraft (OTC BB: WORC) has rebounded beautifully this year on several news releases.Ê Although they have yet to sign their first major SWIM contract, it appears that the company could be in for a major breakthrough.Ê Today the company announced their intention to aggressively market SWIM on a world wide basis.Ê The stock is now trading over $.40, proving that a little patience can pay off.Ê Those investors that had the courage to buy during the year end tax sell off are looking at 300% to 400% returns based on today's price.
Disclaimer The OTCJournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the companies who appear in the publication.Ê The OTC Journal Management, the parent company ofÊ OTCJournal.com has received the following compensation for the dissemination of the WORC corporate critique: 200,000 shares of common stock.Ê The OTCJournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein. THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCJOURNAL.com. We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site. |
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