WESTON, Fla., Feb. 10, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: LocatePLUS Holdings (OTCBB:LPLHA), Icoria, Inc. (Nasdaq:ICOR), Coeur d'Alene Mines Corp. (NYSE:CDE) and XTO Energy Inc. (NYSE:XTO).
Aggressive investors and traders may be excited about the latest news from LocatePLUS Holdings Corp (OTCBB:LPLHA). Yesterday after the markets closed, the company issued a press release announcing that it has retained the accounting firm of Livingston & Haynes, P.C, CPAs, of Wellesley, Massachusetts, as its auditor.
This could be great news for investors in LocatePLUS! Livingston & Haynes has been providing audit, taxation and consulting services to the New England community for over 70 years. LocatePLUS CEO Jon Latorella said, "We are committed to improving shareholder value through a number of ongoing initiatives. These include retaining a prestigious and experienced auditing firm, which we found in Livingston & Haynes. The Livingston & Haynes professional team brings a proven track record in SEC audits and a wide array of services to the investment industry. They understand the needs of emerging-growth companies such as ours, and will help ensure we meet the compliance and reporting requirements of a public company. This appointment further supports our goal to graduate to a national stock exchange later this year. We are also on schedule to file our fiscal 2004 year-end results on time by March 31, 2005."
Investors watch this one! Latorella continued, "In addition to this appointment, we are investing in our infrastructure and R&D to bring new commercial products to market; leveraging our proprietary searching technologies and industry-first data sets to win contracts away from our competitors; and are retaining long-term customer relationships that strengthen our reputation in the industry. These strategies are positioning us for record year of growth in 2005."
For more in-depth coverage of LocatePLUS, visit http://216.63.242.254/LPLHA0209.htm
Prior to yesterday's press release, the stock closed yesterday at Twenty Five cents a share.
In case you are not familiar with the company: LocatePLUS Holdings Corp. and its subsidiaries are industry-leading providers of public information and investigative solutions used in homeland security, anti-terrorism and crime fighting initiatives. The Company's proprietary, Internet-accessible database is marketed to business-to-business and business-to-government sectors worldwide. The Company's online customer base exceeds 16,500 members, including over 2,000 law enforcement agencies, as well as many major police departments across the country. Clients include the FBI (Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) and the DEA (Drug Enforcement Administration). Channel partners include Loislaw, Earthlink, Imaging Automation, AssureTec, Metro Risk Management Group, LLC, Info-Cop, Data Evolution Holdings, Inc., Great Expectations and the nation's leading recruitment website. For more information on LocatePLUS Holdings, visit http://www.locateplus.com. Investors should visit http://www.otcfn.com/lplha.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Icoria, Inc. (Nasdaq:ICOR) up 6.1% on 3.2 million shares traded, Coeur d'Alene Mines Corp. (NYSE:CDE) up 4.8% on 5.9 million shares traded and XTO Energy Inc. (NYSE:XTO) up 2.3% on 3.5 million shares traded.
Commentary:
"Ford Motor Co. is counting on the new Mercury Mariner, a hybrid mid-level SUV, to help the Mercury division. Better gas-mileage amid higher gas prices are predicted to boost sales," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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