StockProfiler.US: Stock Watch: WNCG, AIRT, WATG

The Wyncrest Group, Inc. (PINKSHEETS: WNCG); Air T, Inc. (NASDAQ Capital Market: AIRT); Wonder Auto Technology, Inc. (NASDAQ: WATG)

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The Wyncrest Group, Inc. closed at $0.038 Friday, trading 248,441 shares.

Company News- November 2, 2009: The Wyncrest Group and HomeFree-USA to Tackle Homeownership Initiative

The Wyncrest Group, Inc. (PINKSHEETS: WNCG) earlier today announced its plans to expand its efforts assisting homeowners.

About The Wyncrest Group

The Wyncrest Group is a publicly traded company based in Chicago, Illinois, which provides insurance products and services through its Southwest Financial Group subsidiary (SFG) and Wyncrest Offshore Services. SFG has been in business for 21 years, has 18,000 clients, and sells through 85 representatives nationwide. During 2008, approximately $22 million in total insurance policy sales were generated resulting is $1.1 million of commission revenues. WNCG plans to continue to grow SFG through discounted acquisitions of competing agencies and applying its IT advantage with a U.S. patent pending automated business method for managing the acquired client books to improve policy renewal retention and up-selling. The company expects that this strategy will reduce cost of sales by half compared to traditional origination methods.

WNCG is also in negotiations with several acquisition targets developed over an ongoing two-year campaign to find distressed agencies and consolidate contract assets under one lower cost platform. Through its Wyncrest Offshore Services Division, the Company is expanding into the growing offshore insurance and reinsurance market by offering a variety of services and products, including a liability program for helicopter flight training schools and non-owner helicopter pilots, and a line of Warranty Service Policies operating as a controlled foreign corporation. Royalty income is expected from licensing insurance products patented under a new category of business methods, a strategy taken only by a few in a new class of small innovative insurance companies leading the industry.

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Air T, Inc. closed at $9.98 Friday, trading 8,300 shares.

Company News- November 2, 2009: Air T Reports Unaudited Second Quarter Results

Air T, Inc. (NASDAQ Capital Market: AIRT) earlier today reported consolidated net earnings of $847,000 ($0.35 per diluted share) for fiscal 2010's second quarter ended September 30, 2009, compared to consolidated net earnings of $1,322,000 ($0.55 per diluted share) for the second quarter of fiscal 2009.

About Air T, Inc.

Air T, through its subsidiaries, provides overnight air freight service to the express delivery industry, manufactures and sells aircraft deicers and other special purpose industrial equipment, and provides ground support equipment and facilities maintenance to airlines. Air T is one of the largest, small-aircraft air cargo operators in the United States. Air T's Mountain Air Cargo and CSA, Air subsidiaries currently operate a fleet of single and twin-engine turbo-prop aircraft nightly in the eastern half of the United States, Puerto Rico and the Caribbean Islands. Air T's Global Ground Support subsidiary manufactures deicing and other specialized military and industrial equipment and is one of the largest providers of deicers in the world. The Global Aviation Services subsidiary provides ground support equipment and facilities maintenance to domestic airline customers.

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Wonder Auto Technology, Inc. closed at $12.94 Friday, trading 744,300 shares.

Company News- November 2, 2009: Wonder Auto Reports Its Third Quarter 2009 Financial Results

Wonder Auto Technology, Inc. (NASDAQ: WATG) earlier today announced its financial results for the third quarter ended September 30, 2009.

About Wonder Auto

Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc., through its Chinese subsidiaries, designs, develops, manufactures and sells automotive electrical parts, suspension products and engine components. Wonder Auto ranked second and third in sales revenue in the Chinese market for automobile alternators and starters in 2008, respectively. Wonder Auto's products are used in a wide range of passenger and commercial automobiles with special focus on the fast-growing small- to medium-engine passenger vehicle market. For more information, please log on http://www.watg.cn .

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