BDGN is Budget Pick for the Economic Crisis
Added: (Sat Jan 09 2010)
Pressbox (Press Release) -
ECTE had a gain close to 6% we are not done with the game yet.I have seen a lot of action in last hour which tells me we will have a good day Monday.
Our New Pick BDGN has NEVER BEEN EXPLORED
StockExploder Picks BUDGET CENTER INC (PINK:BDGN) is our NEW BUDGET PICK http://www.budgetcenter.com/s/Home.asp
BDGN Dropped 23% Friday and this is the time to enter this pick.Look at the jump on Jan 5th which is a clear indication of what can happen to the chart once Investors find out about BDGN
Top Reasons to Invest:
Budget Center Inc. has successfully completed the acquisition of 15 undeveloped “budget” category Universal Resource Locators (URLs) in the online travel and related industries.
These URLs include such highly relevant “budget” brand domains as: www.budgethotels.com, www.budgetairlines.com, www.budgetresorts.com, www.budgetentertainment.com, www.budgetravel.com, www.budgetskiing.com.
The domain www.budgethotels.com is ranked No. 1 in its category by Google.
Leading economists are now saying that the current economic downturn is forcing a lasting return to a culture of thrift, which will provide a favorable ongoing environment for the growth and development of Budget Center.
The online travel industry is immense with revenues in excess of $100 billion annually. According to Forrester Research, travel spending is expected to rebound starting in 2010 and continue upward through 2013. For online travel, the future outlook is very bright. Online leisure, unmanaged business, and managed business travel spending is expected to increase from $111 billion in 2008 to $117 billion in 2009 and reach $158 billion by 2013.
While the industry is currently dominated by well-known companies such as Expedia, Travelocity and Priceline, there exists an opportunity for Budget Center to establish a highly profitable brand focusing on the growing number of “budget” travelers worldwide.
BDGN management is currently in discussions with a number of parties who have the financial and operational background necessary to enable Budget Center to maximize its revenue potential.
President and CEO Bob Chalmers commented, “We look forward to providing our shareholders with continued updates on our corporate progress as we go forward. We believe that the company is positioned for exciting growth and that the 'Budget' brand will attract a growing number of consumers.”
Robert Chalmers President & Chief Executive Officer
Mr. Chalmers co-founded Budget Center Inc. With over 30 years of entrepreneurial, business management and market initialization experience, he drives and directs the Company's development and technology vision. He is adept at guiding emerging and publicly traded start-up companies through the stages of capital formation, strategic planning and business growth; specializing in venture capital financing. Mr.Chalmers market initialization experience, he drives and directs the Company's development and technology vision. He is adept at guiding emerging and publicly traded start-up companies through the stages of capital formation, strategic planning and business growth; specializing in venture capital financing. Mr.Chalmers diversified background includes senior management, marketing, and sales positions with both established and start-up companies.
Williams McLaws, Vice President, Corporate development
Mr.McLaws co-founded Budget Center Inc. With 35 years of experience, in both small business and public companies he is directing the corporate development of Budget Center with on going partnerships with added value suppliers. His keen sense of negotiation and management is invaluable as the company moves ahead forging strategic alliances with major players in the online travel industry. Mr McLaws experience in the public market arena is diverse as he has he has sat on the board of several emerging public companies.
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