May 2007 - Page 40 of 56

ThursdayMay 10, 2007 6:34 pm

The Hidden World of Offshore Banking

Last year, the number of American millionaires fell by 100,000. Yet 200,000 new U.S. millionaires showed up overseas. Why? One answer may be that back in the1960s, the U.S. government encouraged American banks to set up branches in Caribbean hot-money centers and distant islands as an efficient means of attracting foreign money into the U.S. dollar. The initial aim was to help finance the Vietnam War by turning America into a new Switzerland for the world's hot money. Instead this policy succeeded in turning these U.S. backed banks into a flight-capital center for third-world dictators, high net worth individuals, large…

ThursdayMay 10, 2007 6:24 pm

Foldera(TM) Inc. (FDRA.OB) Inks $4.0 Million Funding Agreement

Foldera (TM), Inc. (FDRA.OB), reports that it has entered into a $4,000,000 common stock purchase agreement with Vision Opportunity Master Fund, Ltd. Under the agreement, Vision funded $1,000,000 today, purchasing 1,666,667 shares of common stock of Foldera, at $0.60 per share. Vision has the option, but not the obligation, to purchase an additional $3,000,000, or up to 5,000,000 shares of common stock, through July 31, 2007, at a fixed price of $0.60 per share. Let us hear your thoughts below:

ThursdayMay 10, 2007 6:01 pm

New Rules Aimed at Cleaning Up Pink Sheets

Often thought of as the wild west of the market, officials with Pink Sheets announced that this month the exchange would begin enacting safeguards aimed at making the highly-speculative market a little safer to trade in.The exchange said that May would mark the beginning of a process of categorizing companies listed on the Pink Sheets, based on their willingness to provide information to the marketplace. At first companies will be assigned a proposed category, and the information will show up on their company information page on http://www.pinksheets.com/. Starting Aug. 1, however, those categories will become final, and a small graphic…

ThursdayMay 10, 2007 6:01 pm

RaiseCapital.com Introduces Investor to Investement

The genetic makeup of an entrepreneur is embedded in many Americans; those individuals come from all walks of life, determined to fight tooth and nail to transform their business dream into a reality - at times going from rags to riches, riches to rags and even back again. The investment community waits to jump on the next prospectively successful bandwagon - and that's a good thing. About two months ago, a group of entrepreneurs got together to develop a working plan to help other individuals like themselves raise the funding needed to launch their business. Some of the best ideas…

ThursdayMay 10, 2007 6:01 pm

Northwest Airlines (NWACQ.PK) Ready to Leave Bankruptcy, Pink Sheets

Northwest Airlines (Pink Sheets: NWACQ) is close to emerging from bankruptcy, and says that once it's on the other side, the company will start fresh - including making a bid to list on the New York Stock Exchange. The bad news? Investors holding NWACQ - Northwest's current stock - won't be benefiting from the move. The company announced Wednesday that, according to an early vote tally, its reorganization plan will likely be approved by creditors. "The unofficial vote tally indicates that 96.9 percent of the airline's creditors who voted, representing 98.4 percent of the dollar amount of the claims that…

ThursdayMay 10, 2007 3:00 pm

Foldera, Inc. (FDRA.OB) Receives Important Funding From a Qualified Institutional Buyer

After the bell, Foldera announced that they have acquired additional funding adding up to $4 Million. Vision Opportunity Master Fund, Ltd. funded $1 million today with the option to purchase an additional $3 Million worth of shares at $0.60 a share, or up to 5 million shares of common stock. As part of the agreement, Vision agreed to cancel the warrants held from previous financing given in October of 2006. Foldera will file a registration statement detailing the amount of shares acquired by Vison after Foldera’s receipt of the full $4,000,000 in funding or July 31, 2007. In closing, Foldera will…

ThursdayMay 10, 2007 12:57 pm

The Focus is on Foldera, Inc. (FDRA.OB) with Public Software Preview

Foldera, Inc. (FDRA.OB) reports that it recently released the Public Preview version of its software and began a significant expansion of its Beta group. Since then FRDA has seen consistently increasing activity among their Beta users. In fact they have had several record-setting days during the month of April for the amount of bandwidth used in its data center. Engaging conversations wuth Beta testers have generated many excellent ideas for the improvement of Foldera and the expansion of its feature set in preparation for the public availability of the product. The Company has already started development on some exciting new features, including alerts and notifications, and expanded calendar functionality that will allow event subscriptions…

ThursdayMay 10, 2007 12:38 pm

Red Chip Features: Viropro Inc. (VPRO.OB)

RedChip Companies, Inc. has published a comprehensive company profile featuring detailed information on Viropro Inc. (VPRO.OB). Viropro Inc. specializes in technology transfer for industrial production of affordable biological therapeutic products whose licenses have expired. To view the Viropro Inc. company profile please visit: http://www.redchip.com/visibility/loadExternal.asp?extPage=files/clients/VPRO/VPROProfile.pdf. Dr. Jean-Marie Dupuy, President and Chief Executive Officer of Viropro Inc., stated that, ``The Viropro company profile is an important tool that RedChip is using to educate its extensive retail and institutional network about our story. We are certain that the RedChip company profile will bringer greater visibility to our stock.'' RedChip Companies is an international small-cap…

ThursdayMay 10, 2007 12:15 pm

Red Chip Features: Viropro Inc. (VPRO.OB)

Today, Red Chip announced that they have completed the company profile on Viropro. The CEO of RedChip Companies commented that he is pleased to provide investors with an in-depth profile on Viropro in order to provide comprehensive research on the company. Viropro assists revenue producing pharmaceutical companies in South America, Asia, Africa and Eastern Europe by letting them have the opportunity to produce and commercialize their products locally. This in turn allows the pharmaceutical companies to create their products with industrial quality at a favorable price. Let us hear your thoughts below:

ThursdayMay 10, 2007 12:12 pm

Parent Company of Sub Surface Waste Management (SSWM.OB) Aligning Strategically for Accelerated Growth

U.S. Microbics (BUGS.OB) reported that its management is working on many strategic projects which will prepare the company to take on significant new future business over the next year. These projects include Mexico project financing, acquisition candidate due diligence, Bio-Raptor(TM) business development, and existing contract commencement and execution. The completion of these tasks could transform the company, which had revenue of $514K last year, into a company with over $8MM in Mexico environmental cleanup and infrastructure contracts commencing this fiscal year and anticipated acquisition company revenues over $9MM in the U.S. The Company indicated that it has expended significant resources dealing…

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Month: May 2007

The Hidden World of Offshore Banking

Foldera(TM) Inc. (FDRA.OB) Inks $4.0 Million Funding Agreement

New Rules Aimed at Cleaning Up Pink Sheets

RaiseCapital.com Introduces Investor to Investement

Northwest Airlines (NWACQ.PK) Ready to Leave Bankruptcy, Pink Sheets

Foldera, Inc. (FDRA.OB) Receives Important Funding From a Qualified Institutional Buyer

The Focus is on Foldera, Inc. (FDRA.OB) with Public Software Preview

Red Chip Features: Viropro Inc. (VPRO.OB)

Red Chip Features: Viropro Inc. (VPRO.OB)

Parent Company of Sub Surface Waste Management (SSWM.OB) Aligning Strategically for Accelerated Growth

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