November 2009 - Page 18 of 29

WednesdayNov 11, 2009 12:32 pm

Home Shopping Latino, Inc. (HSPG.PK): Selecting the Best Launch Time

Home Shopping Latino, Inc. has come a long way from CEO Frank Celecia’s original idea two and a half years ago to launch a television shopping channel for the U.S. Hispanic market. In spite of previous ill-fated attempts by others, Celecia felt that the time was now right with a bigger and more prosperous Latino market. HSL sees itself as eventually filling a niche for some 10-13 million U.S. Hispanic homes, a market which is expected to continue to grow to $1 trillion by 2011. HSL is headquartered in Carson City, Nevada, but its on-air television and website production operations…

WednesdayNov 11, 2009 11:43 am

Taseko Mines Ltd. (TGB) Extends Capacity and Life of its Primary Gold Opportunity

Paying attention to gold mining in recent quarters has become a requirement as investors look at the price of the dollar and swings in price of several differing factors. In any sense, a position in a stable commodity is needed to balance a portfolio, but to what extent? This is an individual assessment but one that should be of concern for any investor. Picking the correct opportunity to fill this need is the question. The correct choice is one that will help balance the portfolio but also stave off the possibility of a commodities crash. Taseko Mines Ltd., a mining…

WednesdayNov 11, 2009 11:31 am

Cereplast, Inc. (CERP.OB) Projects Bio-Plastics to Capture 30% of U.S. Market, Topping $10B by 2020

Cereplast, Inc., a pioneer in the manufacture of plastics which derive largely from resins based on plant starches, released news announcing projections for its market sector. Expecting a ten-fold sales increase in the U.S. bio-plastics market by 2020, the Company cited the $1B sales figures from 2007 and estimates which show that, within ten years, bio-plastics could represent up to an astonishing 30% of the total plastics market. With the Obama administration leaning heavily toward a green economy and increasing demand from consumers for biodegradable products, Cereplast is poised to cash in on the “green” economy and return substantial value…

WednesdayNov 11, 2009 11:25 am

Oil Continues to Rise as the Dollar Falls

Oil is a commodity that has steadily rose since December. Continuing its monumental climb, the commodity rose near $80 a barrel on Wednesday as the dollar continued to weaken, trumping a report pointing to a rise in U.S. oil inventories. While this trend may be confusing to the everyday investor, analysts have stated that the drastic change in the price of oil is tied to how global stock markets are doing and the dollar’s fluctuating exchange rate. One such analyst is Oliver Jakob. Jakob, who is renowned globally for his spot-on predictions of market trends, stated in reference to the…

WednesdayNov 11, 2009 10:27 am

TrinityCare Senior Living, Inc. (TCSR.OB) Plans to Triple Size of Operations

TrinityCare Senior Living, Inc., the developer and manager of quality senior-living facilities focusing on enriching the faith of the residents and providing state-of-the-art independent living, assisted living, memory care and adult day care services, recently announced the company’s aggressive expansion strategy for 2010. TrinityCare Senior Living expects to triple the number of residential units currently owned and managed through the development of new senior care facilities. Through its wholly-owned management company, TrinityCare Senior Living is developing two new communities in Houston, two in the state of Louisiana and two in Eastern Tennessee. These six new communities will add approximately 480…

WednesdayNov 11, 2009 10:23 am

Cleartronic, Inc. (CLRI.OB) Reports Exciting Third Quarter Results

Unifed communications solutions specialist, Cleartronic, Inc., announced yesterday its third quarter results for 2009. The company provides communication solutions through its wholly owned subsidiary, VoiceInterop, Inc. Revenues over the three-month span ending June 30, 2009 were listed at $532,213, significantly higher than the $11,966 reported in the same period last year. Revenues for the nine-month period ending June 30, 2009 also increased substantially. The company reported $1,593,395 in revenues for the period, higher than the previous year’s revenues of $254,555. The company reduced third quarter operating expenses by more than 60% from those incurred in 2008’s third quarter. Additionally, the…

WednesdayNov 11, 2009 10:21 am

Crown Crafts, Inc. (CRWS) Reports Profit in Second Quarter

Crown Crafts, Inc. reported net income of $0.83 million, or $0.08 per share, in its second fiscal quarter ending 9/27/2009. The company earned $1.04 million, or $0.11 per share, in the same quarter last year. Revenues were $21.7 million in the quarter, down from the $23.8 million reported last year. Randall Chestnut, the CEO of Crown Crafts, Inc., cited weak demand from its customers in the retail sector. “We are responding to the challenging economic environment by aggressively managing our cash flow…we are confident that we are well positioned to benefit as the economy recovers," said Chestnut. Crown Crafts, Inc.…

WednesdayNov 11, 2009 10:19 am

Vivakor, Inc. (VIVK.OB) Signs Distribution & Purchase Order Contract

Vivakor, Inc. announced that it has signed an exclusive distribution agreement with consumer product specialist Regeneca International, Inc. for one of its proprietary, cutting-edge nutraceutical formulations. In concurrence with this agreement was an immediate purchase order from Regeneca for 25,000 units of the product. Both companies hope this agreement is the beginning of a long term relationship for product commercialization. Vivakor CEO Tannin Fuja expressed his enthusiasm, “We are very excited for the possibilities of Vivakor’s line of nutraceutical products. Worldwide demand for nutraceutical products is expected to exceed $15 billion and Vivakor plans on being a substantial player in…

WednesdayNov 11, 2009 9:02 am

Solar Energy Initiatives, Inc. (SNRY.OB) Appoints Mr. Thomas Polich as Chief Operating Officer

Solar Energy Initiatives, Inc., a company focused on executing its corporate mission to Renew The Nation, creating economic development through the sale and installation of Solar Thermal, Photovoltaic (PV) and other Solar technologies, this morning announced Mr. Thomas A. Polich, Esq. has joined the senior management team as Chief Operating Officer. As COO, Mr. Polich will be responsible for managing the strategic development of distribution and sales networks and solar power projects. He will also lead the streamlining of all operational procedures for near and mid-term markets, commercial, private vendors and suppliers, and enhance the company’s ability to monetize new…

WednesdayNov 11, 2009 8:39 am

Clenergen Corp. (CRGE.OB) Subsidiary Selects Merchant Bank for Public Floatation in India and Listing on National Stock Exchange of India Limited (NSE) and Bombay Stock Exhange Limited (BSE)

The Chennai (India) based Clenergen India Private Limited, a wholly owned subsidiary of Clenergen Corporation, announced today that ICICI Securities Limited has agreed to be the Lead Merchant Banker for the fund raising exercise through issuance of equity shares in India for Clenergen's 16MW and 64MW gasification technology based power plants. The cost of the two projects, which together will generate 80MW/Hr of clean, renewable electricity, has been projected to total US$ 236.47 million, out of which a sum of US$ 153.70 million is planned to be raised in the form of long term debt. This assignment has been mandated…

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Month: November 2009