CorpHQ Upgraded To 'Buy/4' By Investrend Research Analyst Shailesh Dhuri.

NEW YORK -- (Investrend Research Syndicate) Investrend Research analyst Shailesh Dhuri, MBA, has released a Benchmark update on CorpHQ (OTC: COHQ), upgrading its rating from "Speculative Buy / 4" to "Buy / 4."

The analyst stated:

CorpHQ operates as a holding company and business incubator. CorpHQ has successfully built a strong and vibrant portfolio in line with its strategy of identifying and incubating potentially high growth companies.

The company reported an EPS of $0.007 for FY04. The stock currently trades at $0.02. Thus, the stock is trading at a P/E multiple of 3x. The reported EPS of the Company includes valuation gain income of $0.005 per share. At the adjusted EPS the stock trades at a multiple of 10x.

Our upgrade is based on positive cash flows and profits in the past, and because the company currently trades at a discount to book value.

CorpHQ owns 18.42% equity in My Personal Salon and controls approximately a 32% stake in the company along with 56 outside investors.

Safeguard Technology International, Inc. has an aggressive five year plan to achieve annual average gross revenues of approximately $22 Million with over 20,000 clients, and 8,000 monitored accounts.

CorpHQ owns a 40% stake in South Bay Financial Solutions, at Phase 1 of its business model.

The topline increased by 44% in YE2004 mainly on the back of a profitable divestment (gain of $0.12/share) in STI. The "fees" component increased by 41% YoY as STI graduated to Phase 6 of the business model and further enhanced its consulting engagements with CorpHQ. The gain on STI is an impressive 150% of its acquisition cost. This gain shows high returns that are generated from investments which successfully move from Phase 1 to Phase 6.

The analyst's credentials are at http://www.investrend.com/articles/secondlevel.asp?level=238

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