SOURCE: Wall Street News Alert

April 11, 2006 09:44 ET

Stock Watch: Small Public Company Announces Major Acquisition! April 11, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- April 11, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: World Wide Cannery and Distribution Inc., (OTC: WWCD), The Procter & Gamble Company (NYSE: PG), Wal-Mart Stores Inc (NYSE: WMT) and SYSCO Corporation (NYSE: SYY).

World Wide Cannery and Distribution Inc. (OTC: WWCD) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, located in BellAir, FL, issued a press release announcing that it has acquired 100% of the Seafood Factory.

The acquisition could be significant and of interest to investors! Located in Prague, Czech Republic, the Seafood Factory produced close to 14.5 million Euros in revenue last year, the equivalent to roughly $17 million in US dollars by packaging and selling high-end seafood such as King Crab and caviar all over Europe, along with expansion into other parts of the world.

Investors should continue to watch World Wide Cannery! According to the press release, the final numbers are only a fraction of what Factory is capable of producing. The company did not have a distribution center last year and final European Union Certification was not achieved until late 2005. Therefore, the company was only operating at about 20% capacity. With all certifications in place, the Factory will be running at 100% efficiency.

Also, by having a distribution center, the Seafood Factory can now produce the necessary quantity of products to keep up with the overwhelming demand, something it could not do last year. They can also lease out its services and allow other companies to package and distribute their products, with a leasing fee paid to the Factory.

Wall Street News Alert Continues to place Investors on alert to monitor the progress of World Wide Cannery! This is the first of many steps for World Wide Cannery and Distribution Inc., who earlier this month announced a major corporate makeover. The company announced plans to be move more aggressively in the lucrative food manufacturing and distribution sector and this acquisition is the just the beginning of this new aggressive campaign.

Prior to the latest press release, the stock closed yesterday at Twenty-Five cents a share.

For an in-depth profile of World Wide Cannery and Distribution, visit

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The Procter & Gamble Company (NYSE: PG) down 0.2% on 7.1 million shares traded.

P&G brands include: Pampers, Tide, Ariel, Always, Whisper, Tampax, Pantene, Mach3, Bounty, Dawn, Pringles, Folgers, Charmin, Downy, Lenor, Iams, Crest, Oral-B, Actonel, Duracell, Olay, Head & Shoulders, Wella, Gillette, and Braun.

Wal-Mart Stores Inc (NYSE: WMT) down 0.7% on 9.5 million shares traded.

Wal-Mart Stores, Inc. operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States.

SYSCO Corporation (NYSE: SYY) down 0.5% on 2 million shares traded.

SYSCO Corporation is a seller, marketer and distributor food products.


"Alcoa gave quarterly results and the first-quarter reporting period really kicks-off this week as U.S. companies, analysts and economists predict, will be showing solid results. However, interest rate worries are in the near future; the 10-year Treasury note is at 4.97% and the 30-year note is at 5%, plus the increased cost of oil and energy will be a factor in future earnings. Nationally, the average cost of gasoline is at $2.67 for regular unleaded, up by 17 cents in the last 2 weeks alone," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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