Spicy Pickle (SPKL) has officially released their first bit of news as a bulletin board stock. Yesterday afternoon, we learned the company has signed a new Franchisee in Gainesville, Florida. It will be their first store in the state, and it should be open sometime in 2008. The company’s real estate selection team has begun the hunt for an ideal store site.

While one store may only be a drop in the bucket, with new restaurant concepts, one store can be like a seed. Once the seed takes root, branches start to sprout. We won’t be surprised to see a few more Spicy Pickle’s pop up in Florida shortly after this one goes up.

Also, if you haven’t had a chance to view the web film, we encourage you to do so. We know a lot of you can’t actually go and try the food (yet), so the presentation really gets you up close and personal with what this restaurant really is. More importantly, it can really explain what all the buzz is about within the investment community.

As far as trading is concerned, what’s not to like? On the Friday we released our profile, SPKL closed at 69 cents. As of right now (10:24 AM on the next Friday), it’s trading at 91 cents. That’s a 31.8% gain in about a week. Better still, the volume still seems to be matching the upward momentum, and we’re still seeing higher highs and higher lows. The amazing part? Based on our analysis, SPKL is still undervalued as an intermediate-term holding.

For the full news release, click here. To see the brief video, click on the image above.

The plan was first announced back in July, but Universal Delivery Solutions (UDSG.PK) has officially begun their stock repurchase plan. The company formally released the news early this morning, citing the same rationale and benefits discussed in the July press release.

Specifically, the company believes their shares to be undervalued relative to their growth forecast. Rather than just paying lip-service to the notion, UDS is putting money where their mouth is. A buyback plan will not only pressure stock prices higher because of greater demand, it will also make the float less diluted.

If UDS buys all 10 million shares mentioned when first publicly announced, we estimate the number of outstanding shares will be somewhere around 171 million.

Though the process could take several days - if not weeks - to complete, we view this as a positive event for shareholders.

To review today’s news release, click here.

Late last week, Zupintra Corporation (OTCBB: ZUPC) announced they were experiencing delays in finalizing the letters of credit they needed in order to start providing telecom termination services in certain South American markets. The credit was hoped to be in place by September, which would allow the company to immediately begin connecting calls as well as billing. Now, the company isn’t sure when the credit backing will be available. This is a fairly severe burden on an already-struggling stock.

However (though most investors apparently do), we don’t believe all hope is lost. On the other hand, we also don’t see a light at the end of the proverbial tunnel. Without this credit, Zupintra is basically handcuffed in terms of driving any real revenue. In fact, we feel one of the key upsides this opportunity offered was the notion that the bigger prize was just on the verge of being realized. The prize is still waiting out there, but it’s unclear when or if it will be attainable.

We still recommend keeping this stock on your watchlist. Though we believe its current situation offers dubious value to shareholders, the situation could also change at a moment’s notice - with the simple finalization of some credit terms.

For the official word from the company, click here.

The rumors are slowly becoming reality for this micro-cap company. Universal Delivery Solutions (UDSG) has been chosen to provide delivery management for a large group of franchised Subway sandwich shops in Rockford, Illinois. Crest Light Limited, Grace Light Limited, and Lane Light Limited (a multi-unit Subway franchisee) will tap UDS Group’s delivery know-how as they add a delivery feature to their current customer service offer. 

Just as a quick reminder, Universal Delivery Solutions believes an effective pick-up/delivery offer is capable of increasing a restaurant’s revenue by as much as 25% within a couple years of implementing the service. The appeal to restaurateurs is obvious - more sales means more profit.

Universal Delivery’s offer is particularly attractive in that it’s a simple turn-key solution…UDS Group handles all the logistics and service - the restaurant just makes and delivers the food.

Though the company isn’t new, the service has only recently become ready for mass (i.e. public) implementation. And from our point of view, the company is off and running right out of the gate. We believe if this partnership in Rockford goes well, other Subway franchise groups will follow. And, other companies will start to become interested too.

With nearly a million restaurants in North America, we foresee a lot of opportunity to bring more units into the UDS Group fold. Since Universal Delivery collects a percentage of all the sales routed through their phone line, each new addition will pump up their top line, and eventually, their bottom line.

For more on the story, click here.

Universal Delivery Solutions Inc. (UDSG.PK) appears to be getting more and more attention from Wall Street every day, as the story behind the stock unfolds. This time around, CEO Ryan Coblin was able to discuss the ins and outs of the investment opportunity on the web-based market radio channel WallSt.net.

The interview examines recent events, strategic initiatives, and perhaps most importantly, details upcoming milestones investors may want to take special notice of.

The interview will be available for a few days at the site - just click here and look for the media player near the middle/right of the page. At a manageable 11 minutes in length, we encourage interested investors and current owners to listen in. We uncovered a few items that were not publicly available until the interview was released.

WallSt.net also allows users to post feedback and comment about its interviewed companies, including UDSG.