Dallas, Texas: StockGuru announces The StockGuru Spotlight for Friday, July 13, 2012. Today’s Spotlights include Epazz, Inc., (OTCBB: EPAZ), Roomlinx, Inc., (OTC: RMLX), U.S. Rare Earths, Inc. (OTCBB: UREE) and Pershing Gold Corporation (OTCBB:PGLC).
Epazz, Inc., (OTCBB: EPAZ), a leading provider of cloud based business software solutions, announced that the Company is effectively transitioning to a holding company with the latest acquisition, K9 Bytes Software, kennel software. The acquisition of K9 Bytes Software is expected to boost EPAZ’s revenue stream by 55% based on latest unaudited financials. This will add to EPAZ’s already robust growth rate of over 300% over the last 3 years.
“At this time we are working on additional acquisitions which are synergistic with the mission of our Company,” said Shaun Passley, CEO of Epazz, Inc. “Our business model has changed from being just organic growth to growth through acquisitions as well as increasing the number of our revenue streams. Cloud computing is continuing to grow rapidly and there is really no end in sight with regard to the growth possibilities for this Company,” Passley said.
For more information on EPAZ, please visit: http://stockguru.com//tag/epaz/
Roomlinx, Inc., (OTC: RMLX), the innovative developer of interactive TV (iTV) applications for the hospitality industry, continues with an aggressive plan to deploy its technology into Hyatt properties, under the terms of an agreement signed in March of this year.
Installations are underway throughout North America and have already been completed at select properties in New York City, Chicago, Los Angeles, Dallas-Fort Worth, Houston, Atlanta, New Orleans and Denver. In each locale, Roomlinx performs a detailed site survey, defines system requirements, designs an optimal network, procures equipment, installs the solution and provides on-going support. To date, Roomlinx is supporting services in over 4,000 Hyatt rooms and has completed over 100 of 136 property site surveys.
“As we grow, we’re creating efficient processes and scalable programs that let us support the brand’s objectives while positioning Roomlinx for long-term growth and success,” said Roomlinx Chief Executive Officer Michael Wasik.
For more information on RMLX, please visit: http://stockguru.com//tag/rmlx/
U.S. Rare Earths, Inc. (OTCBB: UREE), announced today the preliminary results of an independent analysis of a portion of its Idaho and Montana properties. The third-party resource assessment, undertaken by geological and metallurgical engineer Howard Dunn, was derived from historic work on the properties, applying international standards and guidelines.
“Taken along with the strong surface sample showings we reported in June, this new report further confirms the promise of our properties’ potential,” commented Michael Parnell, CEO. “As a preliminary finding, this suggests our properties may well constitute the next major deposit of REE in the United States,” added Parnell.
The report indicates the presence of 0.645MT (metric tons) of inferred resources at 0.95% REO (Rare Earth Oxides; weighted average), with an additional 1.5MT of inferred resources at 0.67% REO (weighted average) at the Company’s Idaho and Montana claims, both in the Lemhi Pass region.
The calculations were made from representations of mineralization present from historical surface rock sampling and drill hole data. The metal oxide content weighted average gross values for the inferred resource are approximately $570/ton.
For more information on UREE, please visit: http://stockguru.com//tag/uree/
Pershing Gold Corporation (OTCBB: PGLC) announces results from the first 12 holes of its Phase II 2012 drilling program. Pershing Gold drilled 23 core holes (approximately 14,700 feet) on lands at the Relief Canyon Mine properties, completing its Phase II 2012 drilling. These holes are located west of the current pit boundary on private lands that Pershing Gold leases from Newmont USA Limited, a subsidiary of Newmont Mining Corporation (“Newmont”) (NYSE:NEM).
The company believes that the results from these 12 holes are significant, because they confirm the extension of the mineralized zone west of the Relief Canyon pit boundary and more than double the length of some of the gold intercepts in nearby reverse-circulation rotary holes drilled by previous operators. Results from the remaining 11 holes are expected later in the third quarter. Boart-Longyear, Ltd. and Ruen Drilling were the drilling contractors.
For more information on PGLC, please visit: http://stockguru.com//tag/pglc/
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