2008 September | The Penny Stock Guru

RNVO has resumed its price per share increase after a brief pull back last week. Amid a steady supply of buys RNVO looks to have left its triple ’0′ status behind and, according to Mondays PR, the company is growing (the PR is below).

The chart shows growth in price on less volume. This could be viewed as a positive sign. Most sub-penny stocks drop on less volume, while RNVO’s price continues to grow.

This stock could move much higher from here. Keep your eyes on it.

8 oz ‘Guppy Water’ to Be Released by Bebida BeverageLAS VEGAS, Sep 22, 2008 (BUSINESS WIRE) — Bebida Beverage Company, currentlyoperating as Renovo Holdings (Pink Sheets:RNVO), announced today that the companyis launching a new bottled water under the name Guppy Water.Guppy Water will be offered in a youth friendly serving size of 8 fl oz. Thebottle will feature an appealing logo design that includes an enticing, friendlycartoon character fish. The logo design will be unveiled athttp://www.piranhabeverages.com.Guppy Water will feature the fresh, crisp taste of all natural spring water.Bebida Beverage anticipates that the product and logo design will appeal to youngconsumers, while adults will embrace the all-natural spring water as a beverageselection.In addition to appealing to a youth oriented consumer market, the petite,economical serving size is anticipated to appeal to individuals that prefer asmaller serving size. Bebida Beverage anticipates additional market growth forGuppy Water as a ‘companion beverage’ product.The company believes that Guppy Water will achieve additional growth as a’companion beverage’ for consumers that choose coffee or another beverage as aprimary drink selection, yet desire a moderate size serving of crisp, cleanspring water to accompany their primary beverage choice. Guppy Water, whiletargeted primarily to the youth consumer market, will provide retailers and adultconsumers with an economical alternative to the standard 16.9 and 20 fl ozbottled water selections.Sneak Peek — Upcoming Press Release Topic: Energy DrinksSafe Harbor This release may contain forward-looking statements within themeaning of the Private Securities Litigation Reform Act of 1995. Statementscontained in this release that are not historical facts may be deemed to beforward-looking statements. Investors are cautioned that forward-lookingstatements are inherently uncertain. Actual performance and results may differmaterially from that projected or suggested herein due to certain risks anduncertainties including, without limitation, ability to obtain financing andregulatory and shareholder approvals for anticipated actions.SOURCE: Bebida Beverage CompanyBebida Beverage Company, Las VegasRodrigo Makarios, President, 702-285-3817Copyright Business Wire 2008

MLXO, after a long hiatus released a PR on Wednesday that appears promising for long term shareholders (the pr is pasted below).

The stock has fallen dramatically over the last few months, but that could all change if the company follows through with its plans.

The stock is trading near its all time lows and has yet to receive any attention at these levels. That could all change soon.

MLXO is a stock to watch into 2009.

Michelex Corp. Prepares for 2009 Opening of Plastics Manufacturing Facility
Massena, NY Manufacturing Facility Qualifies for Several Million Dollars in Low Interest Loans and Tax Credits
MASSENA, NY, Sep 17, 2008 (MARKET WIRE via COMTEX) — Michelex Corp. (PINKSHEETS: MLXO) has announced that the Company’s Plastics Division expects to resume operations at its Massena, New York facility early next year. Michelex manufactures and distributes CD and DVD packaging in its Plastics Division, and plans to reopen the facility with previous management and many former employees. As part of a $4.48 million incentives package arranged for the re-opening of the Massena facility, Empire State Development Corp. has agreed to provide a $1 million Job Development Authority loan, contingent on a pledge of 175 new jobs, to purchase property and equipment. The Company is going to convert biodegradable plastics from the traditional plastics it has been making for years, which may also qualify it for inclusion in the Empire Zone, which would provide wage and investment tax credits worth as much as $2.63 million.
The Company plans to add nano particles to the polymers to build products of greater strength, and that are degradable in landfills. Michelex expects to take an industry lead and address the world’s growing need for adherence to green and environmentally friendly standards whenever possible.
“We’re looking forward to creating jobs in the Massena area and contributing to the betterment of the economy. We plan to create many new jobs and have been given the incentive to foster the development of a ‘green’ approach to our manufacturing process,” stated Tom Gramuglia, President and CEO of Michelex Corp.
About Michelex Corp:
Michelex Plastics, founded in 1972, is currently a manufacturer/importer and distributor of primary plastic packaging products to the optical disc industry.
Safe Harbor:

PRGP is a shell stock that has recently come under tremendous accumulation. These shells usually do not face the everyday selling of your average pink sheet / OTCBB stocks. Promoters, debt holders, and company members don’t have the opportunity, as of yet, to drive the price into the ground.

The stock now trades under the market demands of the retail investor. For now this could have more upside potential, possibly to the $.10+ range. Keep PRGP on your radar.

PIHN has seen very little volume amid a some very impressive press as of late. This could be a stock that gets going in the near term. Keep this one on your watch list.

Two recent press releases by UDHC announce a significant buy back of outstanding stock in the open market.

6 million shares are to be bought back which is an impressive sum considering the average volume for the stock. The last few days seem to indicate interest has returned to the stock, but the buying does not appear to be taking place yet.

If the company and the CEO are buying back 6 million shares this stock could soar several hundred percent from current trading levels.

This could be a stock to watch going forward. The recent press releases are pasted below.

Ulysses Diversified Holdings Corporation Will Buy Back Immediately on the Open Market 3 Million of Its Common Shares JACKSONVILLE, NY, Sep 10, 2008 (MARKET WIRE via COMTEX) — Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) said Wednesday that it will start buying back 3 million of its common shares on the open market immediately.
This announcement is separate from the company’s CEO Mr. Young’s announced acquisition of shares yesterday; his proclamation is a personal matter and does not reflect the company’s actions. The company would however like to address the fact that any share’s Mr. Young acquires on the open market is subject to a restrictive status as he is an officer of the company.
“The company is taking this action as an indication of its commitment to its shareholders; the company believes that its share price is non reflective of the company’s true value, and as such the company has made the decision to acquire these shares and may in the future acquire the entire balance of its outstanding common shares, thus taking the company private,” said James Ingram Company Spokesman.
This press release does not constitute an offer of any securities for sale. This press release contains certain 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. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company’s limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company’s projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Ulysses Diversified Holdings Corp.
Investor Relations
Tel: 1-607-387-7353
Website: http://www.ulyssesholding.com/

Ulysses Diversified CEO Young to Buy 3M Shares on the Open Market JACKSONVILLE, NY, Sep 09, 2008 (MARKET WIRE via COMTEX) — Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) said Tuesday that President and Chief Executive Clayton Young will make an open market purchase of 3 million of his company’s shares with personal funds.
“This announcement is being made void of any insider knowledge or considerations and prior to any roll out of new products or clients. It is a prudent investment for my family and myself at this time,” said Clayton Young, President and CEO of Ulysses Diversified Holdings Corporation.
This press release does not constitute an offer of any securities for sale. This press release contains certain 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. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company’s limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company’s projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Ulysses Diversified Holdings Corp.
Investor Relations
Tel: 1-607-387-7353
Website: http://www.ulyssesholding.com/