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May
1, 2007 |
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Volume
VIII, Issue 31 |
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Home Page : www.otcjournal.com
Email Questions or Comments To:
editor@otcjournal.com
To
OTC Journal Members:
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eFoodSafety
(OTC BB: EFSF): Takes the B Out of Boredom |
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OK stocks- time to wake up from your
two month nap. Haven't seen much of the OTC Journal lately? There's
a reason for that- not much to report. For some reason, we seem to have
entered some sort of news vacuum on the current followings. NIHK
running up to $.24 is now yesterday's news, and I hope you all locked
in some profits. Some of you might be asking what have I done for you lately.
Thank you EFSF for delivering-
it could be the next breakout stock. If you took my April
10 BLOG to heart and accumulated this stock while it was quiet
and no one wanted it- it's about to get loud again. If you acted in the
last few weeks, you are learning how to trade.
As many of you know, I am a believer
in their Cinnergen product. A cap full of this product helps control
blood sugar levels and can reduce or eliminate the need for insulin in
diabetics. A clinical study proved it, and retailers are now lining up
to carry the product. WalMart joined the party last month, and we'll
see more big names over time.
There are a couple of developments
to report on this product. First- if you read the press release a week
ago, you can start watching "The Price Is Right" for Cinnergen
commercials.
Check your local listings- I don't know when it's on.
Secondly- I have a special treat-
a "first look" for OTC Journal subscribers. There is a short feature
on the product- a news report. It will be distributed to local TV stations
and media outlets all over the country. Of course- I have a link for you
to view it:
Click
Here to view the news feature on Cinnergen, or go to the following
URL: http://www.usngonline.com/images/cinnergen.wmv
It's a very compelling story, and
if you agree you need to own the stock.
In addition, pre open today, EFSF
published a news release confirming Cinnergen sales have shown double
digit increases throughout the month of April. The product is now really
started to get traction in the retail stores. Their next financial filing
should show huge top line percentage increases.
There's a lot to like about today's
news. For one thing, if history repeats itself, EFSF will trade
very well on this news. For a small stock, this company has a lot of believers-
the loyal shareholder base tends to jump in when the company delivers positive
developments.
Secondly, I love the way the stock
has traded sideways right on the .618% retracement line for over a month.
The volume has dried up. In short, everyone who wanted to sell this stock
has had ample opportunity to do so. This stock should trade very well on
today's news.
Thirdly, and perhaps most important
from my point of view, is another event buried down towards the bottom
of the news. Pat Gruden, CEO of the company, reports EFSF "anticipate(s)
reporting dramatic improvements in the company’s balance sheet within the
next 30 days.”
I also love this news. As many of
you know who have read my reporting on EFSF, I had concerns about
the company's balance sheet in their last financial reporting. In short,
debt and cash pretty much matched. I like to cover companies who have the
money they need to execute on their business plan. Balance sheet improvements
would be welcome news on the risk side of the equation.
In my view, this stock is absolutely
poised to run up. If you don't own as much as you want, and can still pick
it up under $.40 by the time you read this, do so.
Here is the complete text of today's
news for your review:
| Press Release Source:
eFoodSafety.com, Inc.
eFoodSafety.com, Inc.
Announces Cinnergen(TM) Sales Gaining Momentum
Tuesday May 1, 9:45 am
ET
Cinnergen(TM) Weekly Sales Beginning
to Show Double Digit Increases Throughout April
SCOTTSDALE, Ariz.--(BUSINESS
WIRE)--eFoodSafety.com, Inc. (OTCBB: EFSF - News), a Company dedicated
to improving health conditions around the world through innovative products
and technologies, today announced that the sales of Cinnergen(TM), the
Company's all-natural dietary supplement clinically proven to promote healthy
glucose metabolism and lower blood sugar levels in as little as 7 days,
are gaining momentum while showing consistent double-digit weekly sales
increases.
The Company also announced
its national advertising campaign is scheduled to launch next week corresponding
with Cinnergen(TM) being featured in one of the pricing games on The Price
is Right. The Price is Right, televised by CBS, is seen nationwide Monday
through Friday by an estimated 5.8 million people.
Patricia Gruden, President
and CEO of eFoodSafety.com, Inc., stated, "We are pleased to be realizing
the eagerly awaited tangible results of many long hours of hard work. Product
sales through our national retail distribution network are increasing and
gaining the anticipated weekly momentum and our catalog sales continue
to show strong growth. Our previously stated goal of having Cinnergen(TM)
in over 20,000 retail locations by year is not only on track but it's happening
faster than originally anticipated."
Gruden further commented,
"I believe the investment community and our valued shareholders will soon
come to realize that the Company's previous investments in product development
and infrastructure, although impacting near-term profitability, will result
in the creation of long term sustainable value. We anticipate reporting
dramatic improvements in the company's balance sheet within the next 30
days."
About eFoodSafety.com,
Inc.
eFoodSafety.com, Inc.
is dedicated to improving health conditions around the world through its
innovative technologies. The company's Knock-Out Technologies, Ltd. subsidiary
has developed an environmentally safe sporicidal product formulated entirely
of food-grade components that eradicates anthrax and a germicidal product,
Citroxin (formerly named Big Six Plus) - EPA Reg. No. 82723-1 that kills
six major bacteria: E-coli, Listeria, Pseudomonas, Salmonella, Staphylococcus,
and Streptococcus, Avian Influenza, and Black Mold. The sporicidal product
has completed its final efficacy laboratory study requisite for EPA registration.
In the study, it eradicated both Clostridium Sporogenes and Bacillus Subtilis
with 100% efficacy on both hard and porous surfaces. The company's MedElite,
Inc. subsidiary distributes clinically proven products to physicians who
then prescribe the products for their patients. It recently became the
owner of the Talsyn(TM)-CI/bid Scar Cream, that has been clinically proven
to facilitate and improve the appearance, redness and strength of scars
(www.talsyn.com), as well as seven (7) other products in the Talsyn(TM)
line. The Company is also owner of Cinnergen(TM), a clinically-studied,
non-prescription liquid whole food nutritional supplement that promotes
healthy glucose metabolism (www.cinnergen.com) and Cinnechol(TM), a new
multi-faceted nutritional supplement specifically designed to naturally
reduce total cholesterol levels without causing any side effects. The Company
has entered into a joint venture agreement with CK41 Direct, Inc. to launch
the PurEffect(TM) anti-acne skin care system.
Please visit the Company's
website at: http://www.efoodsafety.com.
Safe Harbor Forward-Looking
Statements
Statements contained
in this release that are not strictly historical are "forward-looking"
statements within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934.. The forward-looking
statements are made based on information available as of the date hereof,
and the Company assumes no obligation to update such forward-looking statements.
Editors and investors are cautioned that such forward-looking statements
involve risks and uncertainties that could cause the Company's actual results
to differ materially from those in these forward-looking statements. Such
risks and uncertainties include but are not limited to demand for the Company's
products and services, our ability to continue to develop markets, general
economic conditions, our ability to secure additional financing for the
Company and other factors that may be more fully described in reports to
shareholders and periodic filings with the Securities and Exchange Commission.
Contact:
Redwood Consultants,
LLC
Jens Dalsgaard, 415-884-0348
Source: eFoodSafety.com,
Inc. |
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