New Products or Acquisitions Keep These Small Caps Busy: IMDC, EPAZ & PIHN

Small cap stocks IN Media Corp (OTCMKTS: IMDC), Epazz Inc (OTCMKTS: EPAZ) and Polaris International Holdings (OTCMKTS: PIHN) have been busy developing new devices/products or making acquisitions. Moreover, at least two of these small cap stocks have been the subject of paid promotions or investor relations types of activities. Keeping that in mind, will new devices/products or acquisitions help these small caps along with their investors or traders? Here is a closer look:

IN Media Corp (OTCMKTS: IMDC) Is Developing New Devices

Small cap IN Media Corp is an integrator of Internet Protocol Television (IPTV) services, products and content for major platform and service providers (e.g. cable, satellite, and Internet providers). On Monday, IN Media Corp rose 7.14% to $0.0750 for a market cap of $4.46 million plus IMDC is down 61.5% over the past year and down 93.2% since December 2009 according to Google Finance.

What's the Catch With IN Media Corp? According to various disclosures, transactions of $2k, $7.5k, $15k and $30k have or will occur to mention IN Media Corp in various investment newsletters. About a week ago, IN Media Corp announced a new device combining the functionality of both a phone and Tablet PC that also supports two SIM Cards, GPS, NFC and Bluetooth 4.0 plus comes with Quad core processor while two weeks ago, the company announced a new device combining the functionality of both a tablet PC and lap top PC. There is not much in the way of news beyond filings before that. A quick look at IN Media Corp's financials reveals no revenues; net losses of $192k (most recent reported quarter), $198k, $188k and $210k for the past four reported quarters; and $7k in cash to cover $867k in current liabilities and $369k in long term debt at the end of September.

Epazz Inc (OTCMKTS: EPAZ) Has Been Busy Announcing Acquisitions

Small cap Epazz Inc is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. On Monday, Epazz Inc closed at $0.0005 for a market cap of $1.73 million plus EPAZ is down 80% over the past year and down 97.5% over the past five years according to Google Finance.

What's the Catch With Epazz Inc? According to various disclosures, a transaction of $500 has or will occur to mention Epazz Inc in various investment newsletters. Last Thursday, Epazz Inc announced it had signed a purchase agreement to acquire an undisclosed help desk software company and this new acquisition is expected to provide substantial growth to the company's recurring revenue stream by 15% as it has a long history of positive cash flow along with a strong list of Fortune 500 company clients. Epazz Inc will announce closure of the acquisition in the coming weeks. In addition and earlier this month, Epazz Inc announced it had signed a purchase agreement to acquire a contact center company in the Midwest that had reported unaudited revenues of over $600,000 for 2013 plus in late February, the company announced it had signed a letter of intent to acquire a software company used by colleges in the Midwest with the acquisition expected to generate a 30% increase in recurring revenues in the first year. A look at Epazz Inc's financials reveals revenues of $157k (most recent reported quarter), $279k, $208k and $337k for the past four reported quarters along with net losses of $585k (most recent reported quarter), $1,668k, $399k and $129k. At the end of September, Epazz Inc had $43k in cash to cover $1,025k in current liabilities and $2,039k in total liabilities.

Polaris International Holdings (OTCMKTS: PIHN) Acquires the Exclusive Rights to a Cannabinoid Line

Small cap Polaris International Holdings is in the business of supplying Information Technology ("IT") services for Network Infrastructure, ASP and Cloud Computing Solutions. On Monday, Polaris International Holdings sank 31.09% to $0.0082 for a market cap of $26.26k plus PIHN is up 720% over the past year and up 173.3% over the past five years according to Google Finance.

What's the Catch With Polaris International Holdings? According to various disclosures, no transactions have occurred to mention Polaris International Holdings in various investment newsletters. Last Thursday, Polaris International Holdings announced that it had completed an important agreement with GBISS, Inc and its India based affiliates to begin project management and manufacturing of the company's exclusive Procannas® Cannatrol pharmaceutical grade core ingredients and sub-formulations. Company has also secured new office space of over 6,000 sq ft in Plano, TX to help out with the rapid growth of the company. In addition and on Wednesday, Polaris International Holdings announced it had entered into an exclusive agreement with Longevity Holdings, LLC for the ProCannas® product line where it received the sole rights to sell, distribute and market the provisional patent-pending formulation that includes a blend of cannabinoids, vitamins, antioxidants and other ingredients used for medicinal purposes. The full ProCannas® Line will include liquid drops for ingestion, tablets and transdermal patches. However, I am not seeing any financials for Polaris International Holdings on either Google Finance or Yahoo! Finance – meaning its investor beware.