MissionIR's  Instablog

Local Corp. has demonstrated consistent progression since its inception in 1999, becoming one of the fastest growing online media companies in the nation. When Local Corp. completed its IPO in October 2004, its offering was ranked as one of the most successful in North America. Local Corp. was awarded its first patent in 2007, and now has eight patents and 11 more patents pending, including inbound marketing platform, Octane 360.

Utilizing a line of powerful technology platforms, Local Corp.'s aim is to capitalize on modern media/advertising trends, deploying a host of innovative business solutions including digital marketing products and tools such as local business and product search, mobile, SEO, Web hosting, social media and daily deals, helping merchants grow their business by connecting them with consumers on a local and national scale.

Local Corp.'s Business Solutions offerings include Launch, the company's online marketing solution, which helps businesses establish an online presence to reach and engage consumers via Web sites, mobile solutions, social media, business listings, banner advertising, and strategic content. The company's proprietary technology works to place businesses at the forefront of local options, ensuring that the business is seen by target customers in that geographical location.

Through Media Services, Local Corp. enables agencies to reach local audiences on a national scale and helps publishers enhance their content and grow revenue. Advertisers come from a network of partners that includes organizations of all sizes, from leading national brands to small businesses. Local Corp. recently reached a record 1 billion ad impressions within a single month.

In addition to Local Corp.'s consumer properties, which include its flagship www.Local.com Web site, www.Spreebird.com, www.Krillion.com, the company supports more than 1,000 regional media sites to help them manage their online presence, engage and retain customers, and increase revenue. These sites help online shoppers find and purchase the products they're looking for while delivering value to businesses through increased revenue and deeper customer engagement.

In the first quarter of 2013, Local Corp. reported positive cash flow from operations a quarter ahead of schedule, driven by solid gross margin expansion, and said it remains on track to grow revenues sequentially as it forecasts sequential adjusted EBITDA and EPS growth.

For more information, visit local.comClearwire Corp.

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Jameson Stanford Resources Corp. is a metals and minerals exploration, development, and production company focused on the acquisition and consolidation of mining claims and mineral leases. Targeting projects located in historic mining districts, the company is currently engaged in exploration and development activities in connection with two high-grade copper, gold, silver, and base metals properties located in historic mining districts in Beaver County and Juab County, Utah.

The company's Star Mountain project consists of 117 lode mining claims and four metalliferous mineral lease sections located in the Star Mountain range, Star Mining District. The project covers a total area of 4,998 acres with borders expanding as exploration warrants. Based on geological analysis, magnetometry studies, and reverse circulation drilling samples, the total inferred reserves at this site may ultimately involve more than 100 million metric tons of copper ore, plus precious and PGM base metals.

Jameson Stanford's Spor Mountain project encompasses nine lode mining claims and three metalliferous mineral lease sections located in Juab County, Utah. The project covers a total area of 2,098 acres. Based on preliminary geological analysis and two prospect pit excavations, this site has been estimated to possibly involve more than 4 million ounces of silver, significant concentrations of beryllium, and other precious and base metals. The company's Ogden Bay Minerals project nearby is another promising prospect with the potential to produce an estimated 100,000 metric tons of silica product per year, as well as other valuable minerals and metals.

Based on engineering and geophysical studies conducted by the company since inception in 2010, current mining claims and mineral properties have aggregate inferred reserves exceeding $10 billion of gross value at current market prices. In addition to initiating and expanding production operations through exploration discoveries and the development of existing mining claims and mineral properties, management's growth strategy includes the identification and acquisition of additional under-developed mining claims and mineral leases in established mining districts.

Key Investment Highlights
$2.5 Million Revenue Runrate/Month Expected by End of May 2013
Executive Team Retains Decades of Experience and Leadership Expertise
Multiple Customers for Ore Production Already Lined Up
Positive EBITDA and Net Profit Projected for Current Fiscal Year

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Orbit International, a designer and manufacturer of subsystems and major components for prime contractors, government procurement agencies (both foreign and domestic), and R&D laboratories worldwide, announced that, through its Orbit Instrument Division, Orbit's Electronics Group received an order for keyboards to be utilized by the Federal Aviation Administration ("FAA") for its air traffic control systems. The order is valued at approximately $665,000, and deliveries are scheduled to begin in the fourth quarter of 2013 and continue through the first quarter of 2014.

The FAA intends to modernize the technology included in its air traffic control systems at every major airport in the United States by instituting its Terminal Automation Modernization and Replacement (TAMR) program. This initiative stipulates the combining and upgrading of multiple air traffic control technologies into a unified state-of-the-art platform, STARS. The synergy between the TAMR program and STARS platform will deliver significantly increased safety and efficiency within the National Airspace System. Orbit's keyboards have a critical position in the state-of-the-art replacement program for the FAA in the safe handling of commercial aviation terminal airspace.

Mitchell Binder, President and CEO of Orbit, commented, "STARS has been a significant program for Orbit resulting in total orders valued at approximately $2.4 million since March 2012. This recent order is one of several follow-on orders that we expected to receive before 2012 year-end but was delayed due to budget concerns. Despite these delays, we believe that our legacy business remains intact. As indicated by our customer, we anticipate additional follow-on orders for our FAA keyboards through 2017."

Orbit International, through its Electronics Group, is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, and Quakertown, Pennsylvania; and designs and manufactures combat systems and gun weapons systems, provides system integration and integrated logistics support and documentation control at its facilities in Louisville, Kentucky. The Power Group, through its Behlman Electronics, Inc. subsidiary, manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies, and associated analytical equipment. The Behlman COTS division designs, manufactures, and sells power units and electronic products for measurement and display.

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