EDWY | eDoorways Intl. Corp. & Extended Watchlist

eDoorways International Corp. EDWY

We like eDoorways, a well-diversified company that we feel is moving in a positive direction, with some exciting things going on just under the surface.

Fitness guru Mike Torchia (trainer of such big-name celebrities as Al Pacino and Matt Damon) is in league with EDWY working on a health & fitness app, the production of which is being aided along by Hollywood special effects wizard, Alison Savitch.

In August, EDWY subsidiary Smart 1 Systems, Inc. added Savitch as VP of New Media Technology. Savitch is better known as a digital effects producer for major motion pictures such as Avatar, Dogma, Terminator 2, Arachnophobia, and more.

It will be exciting to see the app once it is finished, so we’ll certainly be on the lookout for further updates in that regard.

The company has also been focused on getting its books in order, the efforts of which are outlined in the PR found below, but first, take a look at the ripening chart:

As we can see, the Accum./Dist. is rising sharply as momentum and volume has increased over the past few trading sessions. The stock closed at the high of day yesterday, at .03, up another 20% We’ve been tracking this thing since a low of .0153 last week, and we are up 96% from that point, at current levels. We can also see a PPO and Slow STO which have superseded the 50MA, and the PPO in particular looks ready for a bullish cross any time now. The RSI has also broke the 50MA and is rising toward the power zone. Passing by the 200DMA of .031 would be hug- the last time the stock breached that point, there was a run to .05.

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PR out yesterday:

AUSTIN, Texas, Dec. 3, 2012 /PRNewswire via COMTEX/ — eDoorways International Corporation (Pink Sheets: EDWY) announced today that the Company is anticipating a very exciting end to Q4 of 2012. “We have been working tirelessly the past couple of months, trying to end our final quarter on a strong note,” stated Chris Mitchell, CFO of eDoorways. “We’re excited to announce that many of these items are coming to fruition, and in line with our transparency initiative, we’re happy to continue to inform our shareholders.”

The primary initiative of eDoorways has been to raise capital in a non-dilutionary method, to continue expansion of the Company’s business plan. “The first item we’re happy to announce is the finalization of funding to remove long standing debt from our balance sheet and replace it with equity funding supplied by long-term holders; therefore, minimizing any near term negative effect on our securities,” continued Mitchell. “We are in the final stages of securing this capital, in addition to a substantial round of financing currently in the works. We anticipate not only this deal adding a healthy valuation to Smart1Systems (S1S), but also supplying eDoorways with the funding necessary to bring many of our projects to completion. It’s important to note that all of these investments are being made as long-term holdings into our companies, payable primarily in restricted notes and securities.”

The other item coming to completion is the long awaited audit, currently being finalized by the Company’s auditing firm. With the removal of eDoorway’s long standing debt, Company insiders expect the audit’s completion before the end of the fiscal quarter.

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More Info at: http://www.edoorways.com

Extended Watchlist:
GSPT, PPHM, PRPM, MMMW, CPPD,

TVIX, ENKG, GSPT – Hot Stocks Today

VelocityShares Daily 2x VIX Short Term ETN (NYSE:TVIX)

From our call on Tuesday, TVIX has made higher lows and higher highs each day, and even provided gains of almost 25% from its low around 52.00, up to nearly 65.00

Technical indicators still paint this fund as bullish, and we are still expecting to see it recover some of the ground it lost recently coming down from more than $100

It appears as if there is a nice level of support in the 50-52.00 range. If the fund dips down to that level again, we will go back into acquisition mode, as that is where we would likely see another bounce.

Godfather Media, Inc. ENKG

ENKG showed us surges of 90% or greater twice this week, on what turned out to be quite a rollercoaster ride. It appears that for the moment the company’s shift in focus has garnered it some extra attention, and increased price action.

This stock, in the triple-zero range just days ago, is now searching for support as it consolidates down to the .002-.003 level.

Golden Spirit Enterprises Ltd. GSPT

GSPT was a great call for us yesterday. The stock closed up 33%, though at one point was up as high as .008 for a possible gain of 45%

GSPT has been as high as .03 as recently as September, and as high as .075 back in June. A return to those levels would mean gains anywhere from 300-900% from here, and it does now seem like the stock is waking up off of a bottom.

Yesterday, we pointed out the similarities between GSPT and ENKG, chartwise. We feel that with the possibility for opportunity ahead, we will likely be covering these plays through next week.

ENKG, GSPT, CXLL – Hot Stocks of the Day

Godfather Media, Inc. ENKG

While ENKG was already running hard as we called it for a midday alert yesterday (The PPS was at .002) it still made a huge move in the afternoon, rocketing to .0075, for an unbelievable gain of 275%, before receding back to .0035, maintaining 75% of the gains we saw in just a few hours.

The stock traded close to 10X its 3mo. average volume, as everyone scrambled for a piece of the action.

We certainly weren’t exaggerating when we referred to ENKG as a momentum play.

Golden Spirit Enterprises Ltd. GSPT

GSPT has a chart that looks very similar to ENKG, showing all of our most reliable indicators pointing toward bullishness.

The stock was as high as .03 as recently as September; since that time it fell off of a cliff, and found its bottom around .0016, which leads up to the present, and the stock has begun its recovery. From its low of .003 to the high of .009 represents a 200% intraday gain.

Much like ENKG, the recovery of this stock is a good opportunity for us to acquire bargain-priced shares.

Chatter Box Call Center Ltd. CXLL

We saw a lot of newsletters covering CXLL last night, so we thought we’d send out a promo alert on the company. With a 4 million share float, increased activity could provide just the push needed to send this play for a ride.

HONG KONG, Oct. 18, 2011 /PRNewswire via COMTEX/ — Chatter Box Call Center (CXLL.OB) is pleased to announce today that it has launched new services — SEO (Search Engine Optimization), Affiliate Marketing and Social Networking. This endeavor provides specialized services for businesses that want to engage in information technology.

Chatter Box Call Center diversified into these markets to broaden their coverage in online business marketing. Chatter Box is a BPO (business process outsourcing) company.