PTAM Potash America Inc (PK)

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Stock Brainiac specializes in finding companies ripe for a profitable turnaround or a technical breakout, and today announces four stocks to watch closely.

• Rackwise Inc. (OTCBB: RACK)
• Regency Resources Inc. (OTCBB: RSRS)
• Potash America Inc. (OTCBB: PTAM)
• Muscle Pharm Corp. (OTCBB: MSLP)

Breakout Alert: Rackwise Inc. (OTCBB: RACK) is a leading software provider for the ever growing IT infrastructure and data management industry. Their software is used by over 150 companies worldwide! Rackwise Inc. (OTCBB: RACK) software allows to optimize their use of components and improve the management of resources delivering an improved return on investment.

Rackwise Inc. (OTCBB: RACK) already has an impressive client list including GE Capital, FedEx, Chase, Time Warner Cable, Pepsi, and Nintendo! Even Intel, the world's largest and highest valued semiconductor and chipmaker, has chosen Rackwise Inc. (OTCBB: RACK) solutions over 40 other Data Management Companies.

With Fortune 500 companies entrusting their data management systems in Rackwise Inc. (OTCBB: RACK), we could see a rush of funds pour into Rackwise (OTCBB: RACK) equity as more and more investors catch wind of this impressive client list. Keep Rackwise Inc. on your radar for weeks to come.

Breakout Alert: Regency Resources Inc. (OTCBB: RSRS) has been the talk of the investment community over the last week. Volume has been pouring into Regency Resources Inc. (OTCBB: RSRS) as word of a $1.5million marketing budget continues to spread. After a recent dip in price, Regency Resources, Inc. (OTCBB: RSRS) seems poised to make another leg higher. With the recent appointment of Mr. Venezia as Vice President of Content Acquisition, Regency Resources Inc. (OTCBB: RSRS) could be very active for weeks to come. Be sure to keep Regency Resources (OTCBB: RSRS) on your screen for weeks to come.

Breaking News Alert: Potash America Inc. (OTCBB: PTAM) Enters Into Letter of Credit Agreement. Potash America (OTCBB: PTAM) has entered into a US$1,000,000 Letter of Credit Agreement. Pursuant to the terms outlined in the Letter of Credit, at any time Potash America (OTCBB: PTAM) may require any and all funds outstanding under the Letter of Credit, except for accrued interest which is to be paid in cash, to be converted into units of the Company at a price of $0.80 per unit (the "Unit"). Each Unit consists of one (1) share of common stock and one (1) warrant to purchase one (1) share of common stock at $1.50 US for a period of five (5) years. Potash America (OTCBB: PTAM) will pay annual interest of 5% until the loan is repaid or converted into Units. Potash America (OTCBB: PTAM) will issue 1,250,000 Units when the exercise provision is enacted.

Barry Wattenberg, President and CEO said "This Letter of Credit will provide the Company with the working capital it needs for the Calcium-Montmorillonite project it is developing in Sodaville, Nevada. We are aggressively exploring both its quarries and the marketplace for its product(s)."

This is game changing news for Potash America (OTCBB: PTAM) that will allow them to expand operations and explore new opportunities. Such news will certainly attract investor interest.

Breaking News Alert: Muscle Pharm Corp. (OTCBB: MSLP) Provies Update on Corporate Initiatives. Muscle Pharm Corp. (OTCBB: MSLP) is finalizing agreements with two top U.S. retail chain stores to supply MusclePharm supplements and its MMA Elite branded product. These two chains have more than 9,000 stores combined nationwide. In addition to its recent entry into Canada, MusclePharm is utilizing capital to expand sales and distribution into international markets, initially focusing on the European Union, the United Kingdom, Brazil and the Middle East.

The Board of Directors has resolved or adopted the following measures:

• To establish a five member board, with three independent directors, by no later than May 31, 2012. Board invitation letters and directors and officers questionnaire forms were approved;
• Charters for the Compensation Committee, Audit Committee, Nominating and Corporate Governance Committee;
• A new stock trading policy for employees and contractors was adopted;
• A hotline policy was adopted;
• Corporate Governance guidelines and a Code of Ethics were adopted;
• An audit pre-approval policy for the Audit Committee was established; and
• A form for an Omnibus 2012 Employee Stock Incentive Plan and forms of performance-based awards were adopted.

This news comes at a time when Muscle Pharm (OTCBB: MSLP) stock has been skyrocketing gaining 41% on Friday, April 20th, 2012. I expect Muscle Pharm (OTCBB: MSLP) to continue its breakout and move higher throughout the upcoming week.

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Disclosure: StockBrainiac.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Stock Brainiac is a wholly owned entity of Equities Awareness Group LLC. Equities Awareness Group LLC may receive up to one hundred thousand dollars for marketing awareness on Muscle Pharm Corp, two hundred and fifty thousand dollars for marketing awareness on Rackwise Inc., and fifty thousand dollars for marketing awareness on Potash America Inc. Equities Awareness Group has already received one hundred and seventy five thousand dollars by Entourage Media for marketing awareness on Regency Resources Inc. and expects to receive more. Please read our report and visit our website, for complete risks and disclosures.

OTCBB:RACK OTCBB:PTAM OTCBB:RSRS OTCBB:MSLP