DrStockPick.com Stock Report! 03/22/10, TAXS, AERT, OTIV, AUDC, ISYS, SYNT
Monday, March 22nd, 2010Dr Stock Pick HOT News & Alerts!
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Monday March 22, 2010
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TaxMasters, Inc. (OTC Bulletin Board:TAXS.OB) recently held a call for investors. TaxMasters’ Founder, President and Board Chairman Patrick Cox used the call to offer insight on the company and discuss investors’ top questions. Topics included customer service, revenue trends, marketing strategy, revenue recognition, and future acquisition plans. A recording of the call can be found at www.txmstr.com/investors/Investor-Calls.php. Mr. Cox cited revenue figures currently on file with the SEC to show dramatic sales increases from approximately $6.5M annual sales in 2007 to approximately $27M through the first nine months of 2009. With the tax deadline less than a month away, IRS Commissioner Doug Shulman announced that he has extended more flexibility to IRS agents in considering tax settlements. In particular, IRS employees will be permitted to consider a taxpayer’s current income and potential for future income when negotiating an offer in compromise. Normally, the standard practice is to judge an offer amount on a taxpayer’s earnings in prior years, which can be misleading when unemployment or financial hardship occur. This new step provides greater flexibility when IRS employees consider offers in compromise from the unemployed. “We applaud Commissioner Shulman’s leadership on behalf of the taxpayer and will do all we can to make sure TaxMasters’ clients benefit from the relaxed income requirements for offers in compromise,” said Cox.
Advanced Environmental Recycling Technologies, Inc. (OTCBB:AERT), a leading plastics recycler and leading manufacturer of Green building products, today announced it will hold a conference call to discuss the company’s 2009 fourth quarter and year-end results on Tuesday, March 30, 2010 at 3:00 PM CDT/4:00 PM Eastern time. Listeners may participate in a question and answer session toward the end of the webcast by calling (877) 303-6169.
On Track Innovations Ltd (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions, today announced that its subsidiary, PARX Ltd., which is responsible for marketing electronic parking solutions in international markets, will exhibit at the 2010 Intertraffic International Trade Fair for Infrastructure, Traffic Management, Safety and Parking in booth 03.111, March 23-26, 2010 at the Amsterdam RAI Convention Centre in Amsterdam.
AudioCodes (Nasdaq:AUDC), a leading provider of Voice over IP (VoIP) technologies and Voice Network products, today announced the appointment of Jeffrey Kahn as Chief Strategy Officer effective immediately. Mr. Kahn will report to Mr. Shabtai Adlersberg, President and CEO of the Company. Mr. Kahn joins AudioCodes from Strategy3i, a global consultancy that he founded to provide strategic counseling to world leading organizations. Previously, Mr. Kahn was Chief Strategic Officer of Ruder Finn International, one of the world’s largest and oldest independent global communications firms, and served as a director of investment banking at Maxim Group LLC, managing their Israel branch.
Integral Systems, Inc. (Nasdaq:ISYS) announced today that it has hired Leonard Moss as Vice President of Security. Moss’ experience in the security industry spans nearly 30 years, both in the military and commercial defense sectors. He most recently served as the Director of Corporate Security and Facility Security Officer at AAI Corporation, where he implemented company-wide security policies for 2,600 employees at manufacturing facilities, subsidiaries and field offices throughout the U.S., the U.K. and Australia.
Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) company, today announced that it will begin providing independent pricing services to the Company’s global buy-side and sell-side clients. Syntel will utilize Numerix’s cross-asset pricing and risk analytic technology to power the new offering.
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