May 2008 - Page 31 of 67

ThursdayMay 15, 2008 6:33 pm

OTCPicks Featured Company: Warp 9, Inc. (WNYN.OB) Reports Financial Figures

Warp 9, Inc. (OTCBB: WNYN) announced their financial earnings for the third fiscal quarter ended March 31, 2008. The company is pleased to report a 353% increase of net income from over a year ago, as it rose from $26,405 to $119, 615. Revenue fell to $580,477 from $771,989, but the decline was primarily caused by the elimination of pass-through marketing expenses. As for gross margins, they grew to a record 95%. "We continue to work hard to complete the company's turnaround. Management's efforts have been focused on improving the company's balance sheet and we are pleased with the progress…

ThursdayMay 15, 2008 6:31 pm

OTCPicks Featured Company: SouthPeak Interactive Corporation (GSPA.OB) Goes Public

As one of the rapidly growing video game publisher, SouthPeak Interactive Corp. (OTCBB: GSPA), announced they have gone public through the completion of their transaction with Global Services Partners Acquisition Corp. The company changed their name from Global Services to SouthPeak upon the closing of the acquisition, which allowed them to also complete institutional financing. The company has been growing at an alarming pace, as their unique production model utilizes independent studios to source and produce innovative video games. The company can maximize operational flexibility and profitability by leveraging leading talent in the development sector and minimizing fixed overhead. The…

ThursdayMay 15, 2008 6:30 pm

Nuclear Solutions Inc. (NSOL.OB) – $625,000 Grant for “Coal to Liquid” Plant will Create Hundreds of Jobs and Cleaner Burning Fuel

A six pound block of coal can produce about one gallon of diesel fuel in 16 to 20 seconds, with less than 1 part of sulfur per million, which is exactly what Kentucky Fuel Associates Inc. intends do with its recent injection of more than a half a million dollars. Today the company announced the Muhlenberg Fiscal Court has granted more than half a million dollars to develop the first large scale, coal-to-diesel fuel conversion plant in the country. The first plant will be built in Muhlenberg County, and is expected to produce 70 million gallons of diesel fuel from…

ThursdayMay 15, 2008 11:51 am

Global Roaming Distribution Inc. (GRDB.OB) Lands a Full Page in USA Today

On May 15, USA Today Magazine devoted an entire page to Global Roaming Distribution's impact on mobile telecommunications around the world. CELTREK, GRDB's ultra-low-cost solution for travelers on the go, was the main focus of the page, and the cost savings to international travelers (and callers) - who previously paid an arm and a leg in roaming, long-distance charges - was the highlight. With the advent of GRDB's CELTREK SIM card, all travelers can now gain access to the dramatic savings offered on calls to and from over 165 countries. The card is easy to install. It simply slips in…

ThursdayMay 15, 2008 11:48 am

Fortune Market Media (FTMM.PK) to Acquire Skee.TV

Fortune Market Media, a diversified media and communications company, has begun the acquisition of Skee.TV, a showcase into the life of world-famous DJ Skee. The program is the first ever, daily urban lifestyle show available via most mobile phone providers and free to anyone online. Skee.TV is a perfect platform for Fortune Market Media, which has already emerged as a leader in creating content-based programs for radio, interactive media, television, web-based mobile applications, print and publication. DJ Skee is also known as Scott Keeney. DJ Skee proudly joined Fortune Market Media earlier this month as Sr. Executive of New Media.…

ThursdayMay 15, 2008 11:45 am

JZZ Technologies, Inc. (JZZI.PK) Signs Consulting Contract with Ola Grimsby Institute

JZZ Technologies, a leading provider of unique software solutions to physical therapists, physicians, sport practitioners, sport-specific training facilities and similar professions, has a signed a consulting agreement with Ola Grimsby and three other senior instructors at the Ola Grimsby Institute to incorporate JZZ’s motion analysis products into their methodology of assessments and interventions. Mr. Grimsby commented, “The research will be conducted by OGI students and/or instructors using JZZ Technologies’ motion capture system to ascertain the normative data and three dimensional biomechanics of extremity and spinal functions. The research proposal includes the conjunct rotations in extremity joints as well as the…

ThursdayMay 15, 2008 10:46 am

New Horizons Computer Learning Centers (NEWH.OB) Partners with Cisco Learning Solutions

New Horizons Computer Learning Centers, the world’s largest independent IT training provider, has finalized an arrangement with Cisco to become a Cisco Learning Solutions Partner in the United States and Canada. Over the past 25 years, New Horizons has been delivering a full range of technology and business-skills training, from basic application and desktop productivity tools to complex and integrated business systems. This new agreement will allow New Horizons to provide a one-of-a-kind training experience on Cisco software and hardware, taught by Cisco certified instructors. “New Horizons has been offering Cisco courses and certifications for some time. With this new…

ThursdayMay 15, 2008 10:44 am

Nascent Foodservice, Inc. (NCTW.OB) Employs Winning Strategy of Growth through Acquisition

Nascent Wine Company, Inc. (OTCBB: NCTW) is the only nationwide distributor of imported food products into the Mexican marketplace. Although the company was incorporated in 2002, it experienced minimal business activity until it obtained the right to distribute Miller Beer in Baja California in 2006. In 2007, sales grew from $4.7M to $42.4M due mainly to the acquisitions of Pasani\Eco, Groupo Sur Promociones de Mexico S.A. de C.V., and Targa, S.A. de C.V. While the company employs a three-pronged sales strategy, its focus on acquiring the small Mom-and-Pop stores, then folding them into the current business, is almost completely responsible…

ThursdayMay 15, 2008 10:10 am

Weingarten Realty Investors (WRI) – Weathering the Storm

Weingarten Realty Investors is a real estate investment trust (REIT) organization that owns and develops commercial properties in the U.S. Its diversified portfolio consists primarily of rental and lease properties totalling nearly 74 million square feet that the company either owns or leases. WRI has shaken the confidence of some investors. As ratings from several sources continually drop, the future of the organization naturally comes into question. First quarter 2008 results sharply downgraded the stock in the eyes of many analysts. A faltering real estate market was cited as the culprit for smaller gains on property sales, as well as…

ThursdayMay 15, 2008 10:07 am

Energy Conversion Devices, Inc. (ENER) – Financial Results Bode Well for the Company’s Future

One of the market's oldest alternative energy plays, Energy Conversion Devices ("ECD"), is enjoying a wave of positive feedback following the release of financial results for the period ended March 31st, 2008. In recent days, the company has been featured on CNBC's Fast Money, Motley Fool's Buy List, and numerous Associated Press articles. Exceptional quarter results seem to be the catalyst by which ECD has shoved its way onto financial watch-lists everywhere. Total revenues for the reported quarter have spiked drastically over those of a year ago, reaching $69.9 million from 2007's $27.4 million. Earnings per share were an impressive…

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Month: May 2008