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(BG, PTSH, NSC, EEGI, NEM) Stock Updates From DrStockPick.com!

Posted, by drstockpick on November 13th, 2010

PTS, Inc. (OTC.BB:PTSH) through its ThinLine division has signed a 3-year Voice Over Internet Protocol (VOIP) contract with MC Universal Art.

MC Universal Art has been designing and installing quality framed art for over 30 years. They are a leading provider of wholesale and retail art frames, fine art prints, signed limited additions, as well as providing interior design consulting services. MC Universal Art works with leading interior designers, architects, and office furniture dealers - they help their wholesale clients achieve an environment that drives the image and identity they want to project for customers.

MC Universal Art is expanding its office and manufacturing infrastructure and required a scalable communications system that can handle their growth without effecting customer service. They also had a need to insure that their IT architecture would not be impacted with their communication upgrade.

In other company news:

Following several queries from the investment community, PTSH explains the relationship with ThinLine and addresses its "70% ownership". Raj Kalra, CEO of PTSH explains, "PTSH purchased my 70% ownership of ThinLine in a Share Exchange Agreement last week. In exchange of my 70% ownership I received restricted shares of PTSH stock. ThinLine has two owners, PTSH (70%) and a second party (30%). ThinLine is a subsidiary of PTSH, owning 70% therefore shall receive 70% of the profits. In respect to why the deal won't close until December 31, 2010 is due to two factors: 1) ThinLine has approx 70 days to complete SEC audits and; 2) PTSH has its year end 12/31/10, and it makes for easier accounting. For all intents and purposes it is business as usual for PTSH and ThinLine since the merger.

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Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) has completed their merger with Vu365.

Vu365 has been looking to enter the US market for quite some time, and this merger is the perfect opportunity. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.

Vu365 is a popular China-based video game designing company. Founded in 2005, the group designs online and casual video games including strategic web games, cyber games and 3D large scale competitive games and has several products in development.

The merger was completed quickly adding Vu365's assets and income to Eline's banner, the company will now spin off a $500,000 profit from Vu365's sales of $2,000,000 annually. EEGI management remains focused in the entertainment industry with the now closed merger of VU365; and the recent merger of USA based luxury leisure transportation services.

The exciting news it the revenue stream EEGI will obtain with this merger of Vu365. For a pink sheet company they are making some substantial inroads in profit centers. EEGI is excited about these new developments and will follow up with more updates shortly.

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Newmont Mining Corporation (NYSE:NEM) announced on Monday November 8, 2010 that its subsidiary, Newmont Mining Corporation of Canada Limited, acquired 1,000,000 Units of Eurasian Minerals Inc. (”Eurasian”) at a price of Cdn $2.50 per Unit for aggregate gross proceeds to Eurasian of Cdn $2,500,000. Each Unit consists of one common share (”Common Share”) and one warrant (”Warrant”).

Newmont Mining Corporation is a gold producing company with assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico.

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Norfolk Southern Corp. (NYSE:NSC) announced third-quarter 2010 net income of $445 million, an increase of 47 percent, compared with $303 million for third-quarter 2009. Diluted earnings per share were $1.19, up 47 percent, compared with $0.81 per share in the third quarter of 2009. “Norfolk Southern delivered strong financial results as we experienced a fifth consecutive quarter of increased volumes,” said CEO Wick Moorman.

Norfolk Southern Corporation controls a freight railroad, Norfolk Southern Railway Company. Norfolk Southern Railway Company is primarily engaged in the rail transportation of raw materials.

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Bunge Limited (NYSE:BG) announced on Thursday November 11, 2010 that Ben Pearcy, Chief Development Officer and Managing Director of Sugar & Bioenergy, Bunge Limited, will address the Morgan Stanley Consumer and Retail Conference in New York City on Wednesday, November 17, 2010, at 8:00 a.m. local time. The presentation will be webcast live.

Bunge Limited is a global agribusiness and food company operating in the farm-to-consumer food chain. The Company is engaged in oilseed processing, producing and supplying of fertilizer to farmers in South America and selling of packaged vegetable oils worldwide.

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Crown Equity Holdings Inc. (CRWE.OB) has received five thousand dollars and anticipates receiving another forty five thousand dollars in cash from a third party for (thirty) days of advertising for PTS Inc.(PTSH.OB)

Crown Equity Holdings Inc. (CRWE.OB) has received five thousand dollars and anticipates receiving another forty five thousand dollars in cash from a third party for (thirty) days of advertising for Eline Entertainment Group, Inc. (EEGI.PK)

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Authored by, drstockpick
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