August 2007 - Page 45 of 56

TuesdayAug 07, 2007 8:14 am

Wall Street News Alert Featured Company Unicorp, Inc. (UCPI.OB) Completes Its First Remedial Phase and Provides Update

Unicorp primarily engages in the acquisition, development, exploration and producing of crude oil and natural gas. It is focused on aggressively acquiring working interests in crude and natural properties with plans to explore and develop the properties using modern development techniques. After yesterday’s closing bell, the company announced that it has completed the first phase of its remedial project on the Welsh Field, which consisted of three wells. Because of the success of the first phase, the company will immediately begin the second phase that includes repairing one shut-in well and a re-entry of a well previously drilled. Wall Street…

TuesdayAug 07, 2007 7:29 am

Amerex Group, Inc. (AEXG.OB) Settles Agreement with Former Chief Operating Officer

Amerex, New York based hazardous waste transportation and logistics firm, announced that it has executed a settlement with Mr. Ronald Brewer in regards to his previously served term as CEO and Director. As part of the agreement Mr. Brewer will return 2.75 million shares back to the company. The current CEO, Nick Malino, has served the company since September of 2005. He has held multiple management positions such as managing director, COO, CFO, and CEO. Mr. Malino has also contributed to mergers and acquisitions on both the buy and sell side of private and public companies with total revenues of…

TuesdayAug 07, 2007 6:58 am

Knight Energy Corp. (KNEC.PK): RedChip Issues First Quarter Update and Reinstates “Speculative Buy” Rating

Knight Energy is an emerging oil and gas exploration and production company with leases in West Texas and Oklahoma. Last year, Knight acquired a 100% equity interest in Charles Hill Drilling, Inc., an independent oil and gas services company that owns an executed lease agreement among other assets in Stephens County, Texas. Stephens County has been a successful producer of oil and gas over the last fifty years. The unfavorable weather prevented Knight from brining in electrical pumps to dewater the A-7 and A-8 wells, prohibiting the wells from producing and generating revenue, but the company was able to make notable…

TuesdayAug 07, 2007 6:54 am

Top Closes With Big News

Public companies love to release positive news and watch the reflection in their stock prices. The following companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong. Endeavor Energy Corporation (OTCBB: ENEC) announced that the company has officially acquired Australian Offshore Oil and Gas Concession Vic/P60. Endeavor Energy had originally entered an agreement to purchase the promising oil and gas concession on April 18th, 2007. The news of this acquisition helped Endeavor’s stock price rise by 21 percent, or 29 cents, to $1.64 "In excess of 4 billion barrels…

TuesdayAug 07, 2007 6:28 am

Amerex Companies, Inc. (AEXG.OB) Many Services Strategically Places the Company as a National Competitor

Amerex Companies, Inc. is a hazardous waste management and disposal company. The company treats and disposes of industrial wastes by incineration and by transporting wastes to certified waste landfills, and has plans to operate its own injection well storage facility for waste water in the near future. The company also offers specialized treatment and disposal of laboratory chemicals, household hazardous wastes, and commercial wastes. Its on-site waste disposal services include surface remediation, site and facility decontamination, and oil disposal. Amerex’s clients consist of major corporations such as Safety Clean, Wal-Mart, FedEx and the Drug Enforcement Administration along with other companies.…

TuesdayAug 07, 2007 5:27 am

Smarts Oil & Gas Changes Name to Dynamic Natural Resources and Develops Relationship with MN1.com

Smarts Oil & Gas, Inc. (OTCBB: SOGN) is pleased to announce that the Board of Directors and the NASD have approved a name change of the company to Dynamic Natural Resources Inc. Dynamic, a name which encompasses the vast opportunities available to the company, will be the parent company with many of our subsidiaries maintaining their own identity. The exploration and well service divisions will provide the cash flow that will allow Dynamic to increase shareholder value. As part of the transition, Scott R. Masse will be named new CEO and President, and Gerald Schiano will be named CFO and…

TuesdayAug 07, 2007 5:18 am

eBenefits Direct, Inc. (EBFD.PK) Subsidiary Receives Approval to Air First Hispanic Television Commercial to Promote RightHealth Programs

eBenefits announced that its wholly owned subsidiary, L.A. Marketing Plans, LLC, recently received approval to air a commercial on several Hispanic networks across the United States that will promote the company’s RightHealth Programs. According to the Center on Budget and Policy Priorities, almost one-third of all U.S. Hispanics have no health insurance, and neither do 15% of Americans as of 2004. The approved commercials are targeted specifically to the Hispanic marketplace, which has been estimated to 40 million viewers. Randy Schleger, President of eBenefits Direct, commented, “We are extremely excited to be able to provide a variety of affordable discount…

TuesdayAug 07, 2007 5:12 am

Fed Keeps Rates Unchanged For Ninth Straight Meeting

The Federal Reserve kept the overnight federal funds rate steady at 5.25 percent for the night straight meeting, and it said that inflation remained its main concern despite signs of slowing growth The economy grew at annual rate of 3.4 percent in the second quarter of 2007 after a revised rate of 0.6 percent in the first three months of the year. The Fed believes that expansion will slow in the second half of the year and have set predictions of 2.25 percent to 2.5 percent for this time period. Although growth looks to slow, inflation is following suit as…

TuesdayAug 07, 2007 5:02 am

Compress Technologies, Inc. (CTLG.PK) Reveals the Latest Version of FM-SCA Equipment

Compress Technologies and Pegasus Data jointly announced today the release of their latest generation FM-SCA equipment. The new generation transmitter and receiver broadcasts and receives 15 digital channels, including 5 channels of classical and pop music plus 10 channels of simulated audio. The CTO of Compress, Tom Terwilliger, stated, “This generation of equipment marks an important forward step in the improvement and design over previous versions.” Pegasus Data plans to continue enhancing FM-SCA and stated that it should be capable of transmitting and receiving 50 audio channels in the near future. Please share your thoughts: Compress Technologies, Inc. Message Board

TuesdayAug 07, 2007 4:14 am

Inform Worldwide Holdings, Inc. (IWWI.OB) Diversified Business Strategy Gives the Company Much Opportunity to Accomplish Its Goals

Inform Worldwide Holdings identifies and pursues revenue opportunities in natural resources development and servicing. Recently the company signed an agreement with Soam Oil & Gas Investments, LLC to acquire Soam’s interest in two significant oil and gas projects and is also acquiring surface coal leases in Pennsylvania. The demand for resources such as oil, gas and coal is continually increasing as the population grows and the economy expands. U.S. oil consumption is projected to reach nearly 26.1 million barrels per day by 2025, according to the Energy Information Administration. In order to diversify its portfolio and reduce the risk associated…

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Month: August 2007