Tree Top Industries Inc (OTCMKTS:TTII, TTII message board) has had a most impressive streak of jumps recently, and investors seem really excited about its stock – but should they be?
After all, we’re talking about a company that hasn’t filed a financial report in over a year, and last time it did, said report (which covered the third quarter of 2014) was not exactly impressive either:

cash – $5 thousand
current assets – $89 thousand
current liabilities – $1.4 million
quarterly revenues – $17 thousand (a 59% drop on a year-over-year basis)
quarterly net loss – $84 thousand
It appears that the only driving force behind this aggressive jump is the announcement that TTII is in negotiations with a Hong Kong-based company called Go Fun Group Holdings Ltd. for the acquisition of assets within the next few months.

Let us reiterate that. A mediocre-looking pinksheets company that is not really in the habit of filing has exchanged non-binding letters of intent with a Chinese Ltd. company investors have no means of researching.

Looking at the company like this should pretty much explain why investing in TTII is a huge gamble. Note that this does not necessarily mean that enterprising investors can’t make money exploiting the windows of opportunity TTII’s volatility creates. On the contrary – opportunities for profitable trading may well present themselves yet.

However, make no mistake – since we know next to nothing about the company’s recent activities and the potential pitfalls waiting for investors, committing to TTII stock is nothing but a blind gamble, and should be regarded as such.

 

Source: Hot Stocked

MELVILLE, NY–(Marketwired – Mar 15, 2016) – Millennium Healthcare, Inc. (OTCQB: MHCC), a healthcare services and medical device distribution company, today announced that the Company has received a “Strong Buy” recommendation in a report published by LJR Capital Management. LJR Capital Management is an independent business consulting firm which works with investment bankers to provide small-to-medium sized companies with access to capital.

In the report released today, LJR Capital Management discusses Millennium’s corporate strategy, management plans, and its position in the growing medical services sector. The report highlights Millennium’s product line, including innovative, non-invasive products such as UroVal and VasoScan, stating, “These products provide physicians with timely and accurate diagnostic screening, and allows for more direct patient care, as well as new cash-flow streams, at a time when doctors are searching for new ways to generate revenues.”

Additionally, the report covers Millennium’s recently announced partnership with a specialty medical laboratory group to provide full-service, comprehensive lab services. The lab’s complete list of services include providing collection supplies, transportation services, express turn-around, and comprehensive on-line patient reporting.

Along with Millennium’s product and services footprint, the report outlines the Company’s plans to expand geographically into the Gulf South region, sometimes known as the “Heart-Attack Belt” or “Stroke Belt.” The Company is working on opening offices in Louisiana and Mississippi. A copy of the report will be available at www.redchip.com under Millennium Healthcare.

About Millennium Healthcare Inc. (www.millenniumhcs.com)
Millennium Healthcare Inc., through its wholly owned operating subsidiaries, provides primary care physician practices, physician groups and healthcare facilities of all sizes with cutting-edge medical devices focused primarily on preventive care through early detection. The Company also provides advanced billing and coding services, and practice development and management services. For more information, please visit www.millenniumhcs.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains certain statements that may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). Forward-looking statements are identified by such words and phrases as “we expect,” “expected to,” “estimates,” “estimated,” “current outlook,” “we look forward to,” “would equate to,” “projects,” “projections,” “projected to be,” “anticipates,” “anticipated,” “we believe,” “could be,” and other similar phrases. All statements addressing operating performance, events, or developments that we expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. Because they are forward-looking, they should be evaluated in light of important risk factors that could cause our actual results to differ materially from our anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. We undertake no obligation to update these forward-looking statements after the date of this release.

 

Source: Amigo Bulls

Childrens Place Inc (NASDAQ:PLCE) posted its earnings results on Tuesday. The company reported $1.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.11 by $0.08, MarketBeat reports. The company earned $498.50 million during the quarter, compared to the consensus estimate of $499.15 million.

In related news, CFO Anurup Pruthi sold 1,037 shares of the company’s stock in a transaction that occurred on Wednesday, January 6th. The stock was sold at an average price of $58.59, for a total value of $60,757.83. Following the sale, the chief financial officer now owns 8,044 shares in the company, valued at approximately $471,297.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Childrens Place (NASDAQ:PLCE) opened at 70.68 on Tuesday. The stock has a 50 day moving average price of $65.90 and a 200 day moving average price of $58.54. The stock has a market capitalization of $1.41 billion and a PE ratio of 25.93. Childrens Place has a 12 month low of $46.74 and a 12 month high of $70.84.
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 28th. Stockholders of record on Thursday, April 7th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.13%. This is a boost from Childrens Place’s previous quarterly dividend of $0.15.

PLCE has been the topic of a number of recent research reports. Susquehanna raised their target price on Childrens Place from $69.00 to $76.00 in a report on Tuesday, January 19th. FBR & Co. initiated coverage on Childrens Place in a report on Wednesday, January 13th. They issued a “buy” rating on the stock. Mizuho raised their target price on Childrens Place from $60.00 to $68.00 and gave the company a “buy” rating in a report on Thursday, January 7th. TheStreet upgraded Childrens Place to a “buy” rating in a report on Tuesday, January 5th. Finally, Zacks Investment Research upgraded Childrens Place from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Sunday, January 17th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company’s stock. Childrens Place has a consensus rating of “Hold” and an average target price of $69.44.

The Children’s Place, Inc (NASDAQ:PLCE) is a pure-play children’s specialty apparel retailer in North America. The Company sells apparel, accessories, footwear and other items for children in sizes 0 to 14. The Company operates through two segments: The Children’s Place U.S.

 

Source: Financial Market News

LAKE FOREST, Calif., March 15, 2016 (GLOBE NEWSWIRE) — Quantum Fuel Systems Technologies Worldwide, Inc. (“Quantum” or the “Company”) (NASDAQ:QTWW), a global leader in natural gas storage and delivery systems, integration and vehicle system technologies, today announced that an event of default under the Company’s credit facility with Bridge Bank, National Association occurred on March 14, 2016, as a result of the Company’s failure to make a $2.7 million principal payment when the credit facility matured on March 14, 2016.
The event of default under the Bridge Bank credit facility also constituted an event of default under the senior secured convertible notes issued by the Company on September 15, 2013 and June 29, 2015 (collectively, the “Convertible Notes”), which have an aggregate principal balance of $12.5 million. The Convertible Notes are secured by a second lien on substantially all of the Company’s operating assets pursuant to the terms of separate Security Agreements between the Company and Kevin Douglas, as collateral agent (the “Collateral Agent”), for the holders of the convertible notes. The Convertible Notes are subordinate in all respects to the rights of the Lender pursuant to the terms of separate Subordination Agreements between the Lender and the Collateral Agent (the “Subordination Agreements”).
The Company has engaged Mackinac Partners LLC as its financial advisor to assist the Company with negotiating with its creditors, and evaluating all options that may be available to the Company. There can be no assurance that the Company’s efforts will be successful or that the Company will not have to seek protection under federal bankruptcy laws.
About Quantum: Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the innovation, development and production of natural gas fuel storage systems and the integration of vehicle system technologies including engine and vehicle control systems and drivetrains. Quantum produces one of the most innovative, advanced, and light-weight compressed natural gas storage tanks in the world and supplies these tanks, in addition to fully-integrated natural gas storage systems, to truck and automotive OEMs and aftermarket and OEM truck integrators. Quantum provides low emission and fast-to-market solutions to support the integration and production of natural gas fuel and storage systems, hybrid, fuel cell, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum is headquartered in Lake Forest, California, and has operations and affiliations in the United States, Canada, and India.

 

Source: The Street

BMO Capital analyst, Alex Arfaei, posted an earnings flash on Valeant Pharmaceuticals’ (NYSE: VRX) miss and guide down. The call is ongoing and began at 8:00AM.

This morning, Valeant reported unaudited 4Q15 revenues of $2.78B, 1% above consensus of $2.75B. Gross margin of 75.6% was 2.1% below consensus while OPEX was driven by higher SG&A and R&D, and the 5% tax rate was in-line. Non-GAAP EPS of $2.50 was below BMO’s $2.64 and consensus of $2.61 as higher revenues were offset by lower gross margin and higher OPEX.

Valeant updated its 2016 guidance: non-GAAP EPS of $9.50 – $10.50 vs. prior guidance of $13.25 – $13.75 (~25% below consensus of $13.45 and our $13.33 forecast) on revenues of $11.0 – $11.2Bn down from $12.5 – $12.7Bn (11% lower vs. consensus $12.5 and 9% below BMO forecast of $12.2B).

The analyst summed up the early look sussinctly:

The quarter was worse than expected, the guidance was worse than expected, and the timing of the 10- K is still uncertain. Unless management has more positive comments on the call, these results and guidance are unlikely to meaningfully improve investor confidence,

For an analyst ratings summary and ratings history on Valeant Pharmaceuticals click here. For more ratings news on Valeant Pharmaceuticals click here.

Shares of Valeant Pharmaceuticals closed at $69.04 yesterday.

 

Source: Street Insider