March 2008 - Page 26 of 68

WednesdayMar 19, 2008 12:08 pm

Universal Detection Technology (UDTT.OB) Receives Order from Kadinuo Science and Technology of China

Universal Detection Technology (UDTT) announced that it has received a purchase order from Kadinuo Science and Technology of Beijing. For the last 10 years, Kadinuo has focused on introducing and promoting advanced radiation detection instruments to the Chinese market. It is currently one of the largest and most successful radiation detection instrument suppliers in China. ”We are very pleased to have received our first purchase order for these products from China. This is obviously a very large market and like any other has security concerns, relating to threat of Biological Weapons and Toxins and we are glad to be providing…

WednesdayMar 19, 2008 11:57 am

On the Straight and Narrow: Heelys, Inc. (HLYS) Announces Patent Agreement, Complies With Listing Rule

Shares of Heelys, Inc. (HLYS) spiked to an intraday high of $4.56, up 10 cents, after the company announced a settlement over patent and trademark infringement in which Elan-Polo, Inc. will pay the Dallas-based company a total of $1.4 million. Further bolstering the stock price, Heelys announced the appointment of Jerry R. Edwards to its board of directors, putting the company back in compliance with an important listing rule. Heelys signed a licensing agreement giving wholesale footwear merchant Elan-Polo the rights to manufacture and sell a certain style of shoe skates with non-removable wheels to an approved list of retailers…

WednesdayMar 19, 2008 11:53 am

Stock Guru Featured Client: Amaru, Inc. (AMRU.OB)

Amaru, Inc. (AMRU.OB) is a provider of interactive entertainment-on-demand, education-on-demand and E-commerce solutions which stream over broadband channels, Internet portals and Third Generation (3G) devices. The company operates in the global Broadband Media Entertainment industry through its subsidiaries under the M2B brand. The Amaru portfolio includes: M2B World Inc., M2B World Pte Ltd., M2B Australia Pty Ltd., M2B Entertainment Inc., M2B Commerce Limited, and M2B World Travel Limited. Amaru, Inc. has launched multiple Broadband TV and integrated shopping websites. These websites consist of multiple channels of content that are designed to target specific viewer profiles and lifestyles within particular local…

WednesdayMar 19, 2008 11:48 am

Stock Guru Featured Client: Advanced Medical Isotope Corporation (ADMD.PK)

Advanced Medical Isotope Corporation (ADMD.PK) develops advanced production systems and processes in the nuclear medicine industry. The Company’s primary focus is on making previously unavailable medical isotopes, such as radioisotopes and stable isotopes, more available to the medical marketplace. In addition, the company leads the way to advanced systems for local product production. The company encourages using less invasive therapeutic processes, liked medical imaging, rather than highly invasive surgical approaches in the diagnosis and treatment of diseases like cancer. Advanced Medical has the rights to an advanced design compact system. This system is used in a series of medical radioisotopes…

WednesdayMar 19, 2008 11:38 am

Genius Products, Inc. (GNPI.OB) Licenses Home Entertainment Digital Rights to Outside Partners

Trevor Drinkwater, President and CEO of Genius Products, announced today that the company has signed non-exclusive rights agreements with CinemaNow, Inc., Netflix, Inc. (NASDAQ:NFLX), and VUDU, Inc. The agreement allows these three companies to license selected digital content for distribution through their networks in the United States, which will significantly expand Genius' ability to deliver programs to consumers. According to the agreement, CinemaNow, Netflix and VUDU will have non-exclusive rights to digitally deliver and distribute certain non-Weinstein Genius Products’ titles that have been mutually agreed upon by Genius Products and the licensees. Genius management is looking forward to these new…

WednesdayMar 19, 2008 10:11 am

Inca Designs, Inc. (IDGI.PK) is “One to Watch”

Inca Designs is a boutique design house focused on creating, marketing and distributing a line of swimwear, resort wear, and accessories under the brand names of INCA, INCA Girl, INCA Bag, and INCA Junior. The Company's unique designs, distinct brand, and premiere product positioning cater to customers seeking a "resort lifestyle experience." The Company’s cross-generational collection features beautiful fabrics offered in an array of price points. Inca Designs seeks to fill the demand for luxury-inspired swimwear, resort wear and accessories at an accessible price point. Their collection embodies cohesive, stylish, yet wearable clothing and accessories for women and girls of…

WednesdayMar 19, 2008 9:56 am

NetSol Technologies Inc. (NTWK) Announces Release of New LeasePak Data Management Module

NetSol, a multinational provider of IT services and enterprise solutions to the financial services industry, announced the release of LeasePak Asset Focus Module. The module gives product managers a means of tracking revenue performance of financed assets, which was traditionally done by tracking each individual contract. The LeasePak will give vehicle and commercial equipment finance product managers a way to measure performance by tracking individual or aggregated assets across multiple contracts and customers. Najeeb Ghauri, NetSol CEO and Chairman said, "NetSol's customers need to measure the ROA (return on assets) of the assets they have financed and to offer their…

WednesdayMar 19, 2008 9:53 am

Purple Beverage Company, Inc. (PPBV.OB) Signs Distribution Agreement with Crosset Company

Purple Beverage Company, Inc, a producer of nutritional New Age beverages, announced that it has signed with Crosset Company, a grocer distribution company with a diverse product line, for the placement of its beverage in specific outlets throughout the Midwest. Ted Farnsworth, Purple Beverage Company's Founder and CEO commented, "We are very excited to partner with Crosset Company to introduce Purple to the Midwest. With the addition of Crosset's ten-state distribution base, Purple will reach consumers in the heartland and enhance our national distribution program." Tim Shepart, Director of Procurement for Crosset Company said, "The decision to add Purple to…

WednesdayMar 19, 2008 9:47 am

Fox Petroleum Inc. (FXPE.OB) – Halliburton Service Crews Arrive On Site For Well Stimulation

Fox Petroleum, an Oil & Gas Exploration and Production Company, announced that Halliburton, an international full service company that improves the life cycle of oil and gas reservoirs, has arrived at Spears Gas Unit 2, Well #1 in Pecos County , Texas and that well stimulation is taking place this week. Halliburton was enlisted by Fox Petroleum to stimulate and clean the well bore to improve production by using acid fracturing methods. Fox is hoping to improve the 2.5 million cubic feet of gas per day that initial testing after drilling yielded. "Stimulating this well's production is important for our…

WednesdayMar 19, 2008 9:04 am

HotOtc Featured Company: VISA (V) Expects 20% Growth Over the Next Two Years

VISA Inc., the world’s largest credit and debit card transaction processing company, launched an initial public offering (IPO) today with a remarkable 57% rise in its initial price offering by noon. The company had been talking about its IPO for some time, and is now finding that the offering is being particularly well received considering the current US and global economic cycle. In many respects, the IPO was payback time for the banks that supported the company over the last 50 years. These banks - Chase, Bank of America, National City, and CitiGroup - will benefit greatly in a time…

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Month: March 2008