TuesdayFeb 10, 2009 6:40 am

Convergence Technologies, Inc. (CNVC.PK) Announces Acquisition of Merchant Banking Group

Today shortly before the opening bell, Convergence Technologies announced its acquisition of Bookkeeper International Equities Corp in an all stock transaction. Bookkeeper International Equities Corp, a private Merchant Banking Group, provides merger & acquisition advisory services, investor relations, and corporate finance consulting services to microcap issuers. As stated in the terms of the acquisition, Warren Stroud will be stepping down from his duties as Chief Executive to concentrate his efforts on the voice to voice division. The new CEO, Domino Mocharski, is dedicated to increasing shareholder equity and meeting the minimum listing requirements of a Nationally Recognized Exchange. Mr. Mocharski…

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TuesdayFeb 10, 2009 6:31 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Makes Substantial Progress in the Labs; Achieves New Company Record Ahead of Schedule

Today, Kraig Biocraft announced that Dr. Fraser’s research team has successfully made 5,000 genetic transfers in a single week using the newly designed DNA insertion packets. The Company anticipates having preliminary test results back on these five thousand genetic insertions within the next 45 days. "Every DNA packet insertion has the potential to create a new recombinant fiber with commercial applications. The achievement of 5,000 such insertions in a single week is something that the Company would not have dreamed of in 2008," CEO Kim K. Thompson enthusiastically stated. "At the same time, Dr. Fraser is reporting a large increase…

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TuesdayFeb 10, 2009 6:01 am

Cleartronic Inc.’s (CLRI.OB) Innovative, Highly Functional Products

Cleartronic Inc., through its wholly owned subsidiary VoiceInterop, offers an array of hardware and software solutions that connect various incompatible communication devices. The company’s AudioMate360 Series link conventional two-way radios and other audio devices with an IP-communications network. Regardless if a business wishes to interoperate with its conventional or trunked/two-way system, a baseband audio source or even an iDEN network, the AudioMate360 line offers the most affordable and feature rich IP audio solution for unified communications today. VoiceInterop’s AudioMate Unified Communications™ Software takes unified communications to another level by allowing authorized personnel to securely communicate using any radio, telephone or…

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MondayFeb 09, 2009 3:32 pm

February 9th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CETG, GERS, ICLK, ITUI, MNDL, PLKH, SKYI With the prevalence of bad news torpedoing markets and predominating investors' attention of late, this week offered a welcome respite from the storm, as all of the major indices finished in positive territory for the first time in 2009. The Dow managed to post a gain of 279 points to end at 8280, closing up 3.5% on the week and narrowing its YTD loss to 5.6%. The Nasdaq jumped 7.8% on the week to close at 1591, pushing it into positive territory on the…

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MondayFeb 09, 2009 2:00 pm

BoNa Coffee Holdings Corp. (BCHC.PK) is “One to Watch”

BoNa Coffee Holdings Corp. is a holding company trading on the Pink Sheets. The Company's businesses include coffee shops, furniture and jewelry stores, and real estate. They also include a casual wear clothing line, and a spa in Manila, Philippines. BoNa Coffee Holdings Corp.'s head office is in Paranaque City, Philippines. BoNa Coffee Holdings Corp. is a holding company that has four types of operations. Their Bohemian Nation Trading Corporation engages in the importation and retailing of antique handcrafted Indian furniture. They also market high-end chunky gemstone jewelry. These products are under the brand name/trademark Bohemian Nation Trading Co. They…

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MondayFeb 09, 2009 11:25 am

Liquor Group Wholesale Implements Expansion plans in Ohio

Liquor Group Wholesale, Inc. (OTCBB: LIQR) expands operations with new approval to sell high proof spirits to the State of Ohio. “Liquor Group and our affiliates have been selling special orders and low proof products in Ohio for years…" says Steven Dodge, Vice President of Control States “…Ohio is consistently one of the top three control states in over-all sales of spirits, we intend to become a major player here just as we are in neighboring Michigan”. Drinks Americas (OTCBB: DKAM) is expanding its business, adding Willie Nelson’s Old Whiskey River Six Year Old Bourbon in Ohio through Liquor Group.…

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MondayFeb 09, 2009 9:35 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) – Innovation in Genetic Engineering

Kraig Biocraft operates in a multi-billion dollar world market that has been growing by as much as 30 percent each year since the mid-Seventies. This market is Genetic Engineering. While some aspects of this relatively new science have become controversial due to many moral and legal implications, the work being done at Kraig Biocraft would be applauded by even the shrewdest skeptics. The end result of the research and development taking place at Kraig could very well improve our lives, without causing the same sort of harm associated with many areas of the field. Human beings have been aware of…

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MondayFeb 09, 2009 8:33 am

Stratos Renewables Corp. (SRNW.OB) is Positioned to Take Advantage of the Next Age in Renewable Energy Supply

California-based Stratos Renewables Corp. (SRNW.OB) focuses on integrated sugarcane ethanol production in South America. The development-stage company is designing a strategy to develop a project in Peru, which includes the production, processing and distribution of sugarcane ethanol. The company leverages its strategy on the fact that while the United States has 3 percent of the world’s oil supply, it consumes 25 percent. Aside from the volatile pricing, supply and demand of oil, alternative energy is gaining ground and advocates as more people hit the unemployment lines and concern over the nation’s energy supply increases. “Green jobs” are expected to provide…

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MondayFeb 09, 2009 8:23 am

Albany Molecular Research, Inc. (AMRI) Reports Financial Results for Fourth Quarter of 2008

Albany Molecular Research, Inc. announced that total revenue for the fourth quarter of 2008 was $56.4 million, an increase of $9.2 million or 19%, compared to the fourth quarter of 2007. GAAP net income totaled $3.1 million or $0.10 per basic and diluted share, compared to net loss of ($0.8) million or ($0.03) per basic and diluted share in the fourth quarter of 2007. GAAP net income for the full year of 2008 was $20.6 million or $0.65 per diluted share, compared to net income of $8.9 million or $0.27 per diluted share in the previous year, a 130% increase.…

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MondayFeb 09, 2009 8:08 am

ValCom, Inc. (VLCO.OB) Enters Joint Venture with PorchLight to Launch KidMango

Today, ValCom announced that through its subsidiary division MyFamilyTV the company is entering into a joint venture with PorchLight Entertainment, one of the world's leading independent suppliers of high quality entertainment, to launch a new children's programming block called KidMango. KidMango will feature PorchLight’s award-winning children's programming. A specialist in children's and family programming, PorchLight has produced approximately 400 episodes of high quality animation, 40+ live action movies, and has a library of more than 1,500 episodes of children's programming, all of which contribute to its reputation as being one of "the most trusted names in family entertainment." ValCom, Inc.…

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