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OTC Stock Traders Alert! June 22, 2004, Part 2.

Publication: M2 Presswire
Publication Date: 22-JUN-04
Format: Online - approximately 1498 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-22 June 2004-Wall Street News Alert: OTC Stock Traders Alert! June 22, 2004, Part 2(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:06222004

Weston, FLA. - Wall Street News Alert` s "stocks to watch" this morning are: Bluetorch Inc. (OTCBB: BTOR), SkyBridge Wireless Inc. (OTCBB: SBWL), PTS Inc. (OTCBB: PTSO) and Neurologix Inc. (OTCBB: NLGX).

Aggressive investors and traders should keep their eyes on Bluetorch Inc. (OTCBB: BTOR) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has signed a letter of intent with Laguna Niguel, CA based Island Tribe Inc. to purchase a majority interest in the surf apparel brand.

This could be great news for investors! Bruce MacGregor, President and CEO of Bluetorch Inc. stated, "This is one of the freshest brands I have seen in over twenty years of business. One tends to get jaded by all the product offerings in the marketplace. Nonetheless, the Island Tribe concept and the authentic look of the apparel amazed me from the beginning. I believe we can help Island Tribe management immensely in fulfilling their potential. I am also confident that Island Tribe has tremendous opportunity beyond just apparel. Like the Bluetorch brand, I see Island Tribe as a multi-product category brand down the road."

Domingo "Ming" Clemente, the Founder of Island Tribe added, "This potential agreement is a...

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