November 2009 - Page 24 of 29

ThursdayNov 05, 2009 2:42 pm

Clenergen Corp.’s (CRGE.OB) Total Solution for Bio-Energy

Clenergen Corp. is a developer of clean biomass power generation systems, with its current focus on the nation of India. The company is using a unique approach to use specifically-grown biomass feedstock in order to power its generators. The company has gained access to acreage in India for plantations in which to grow specific plants as biomass feedstock for power generation plants. A footprint of only 4,000 acres is sufficient to generate up to 16MW per hour of electricity on an annual basis. The first plant that Clenergen has identified is a high calorific strain of bamboo (Beema Bamboo) which…

ThursdayNov 05, 2009 2:34 pm

MedClean Technologies, Inc. (MCLN.OB) Up Over 1,000% Following Recent Coverage in QualityStocks Newsletter

MedClean Technologies Inc. traded as high as $0.018 a share today, up $0.011 or 157% from yesterday's close. The number of shares traded so far has been an incredible 42.5 million shares, swamping its average daily volume of about 467,000 shares. MedClean Technologies was mentioned in the FREE Daily QualityStocks Newsletter back on July 28, 2009. At the time, the stock was trading at only $0.0012 a share. Don't let the decimal point throw you – the stock has multiplied more than 10 times since then! The company was founded in 1997 and changed its name to MedClean Technologies in…

ThursdayNov 05, 2009 12:38 pm

BlueFire Ethanol, Inc. (BFRE.OB) Expands in Mississippi, Fueled by $3.8M Department of Energy Reimbursement

BlueFire Ethanol Fuels, Inc. received a reimbursement from the Department of Energy (DOE) for $3.8 million, signifying a continued commitment by the current administration and the DOE to bolster such alternative energy sources. The liquidity provided by this reimbursement will allow BlueFire to capitalize the development of its second ethanol plant, to be located in Fulton, Mississippi. BlueFire is currently operating under a $40M grant from the DOE received in 2007. BlueFire’s ethanol refining from non-food cellulosic biofuel is achieved via its fully operational, and proprietary, Concentrated Acid Hydrolysis Technology Process. This technology presents a robust solution to the disposal…

ThursdayNov 05, 2009 12:27 pm

Norsat International, Inc. (NSATF.OB) Announces 2009 Third Quarter Financial Results

Vancouver-based Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. The company's portfolio of capabilities include: microwave components, turnkey maritime navigation and communication systems, fixed or mobile maritime satellite systems, and end-to-end network services. The company announced today their financial results for the three and nine month periods ended on September 30, 2009. Here are some of the highlights: • Third quarter revenue increased to $5.1 million from $4.9 million in the 2008 3rd quarter • Revenues for the first nine months of 2009 increased 27% to $15 million compared to $11.8 million for the…

ThursdayNov 05, 2009 12:25 pm

ZAGG Inc. (ZAGG.OB) Announces Upcoming Advancement to The Nasdaq Global Market

ZAGG Inc. designs, manufactures and distributes electronics accessories, such as protective clear coverings, targeting the mobile market. The company today announced it has received approval to begin trading on The Nasdaq Global Market November 10, 2009, under its current ticker, ZAGG. "We are very excited to be approved for the Nasdaq Global Market, and see it as an exceptional milestone in ZAGG's short history," Robert G. Pedersen II, president and CEO of ZAGG stated in the press release. "Moving to the top level market on Nasdaq will add a great deal of value for our shareholders and introduce ZAGG to…

ThursdayNov 05, 2009 11:35 am

American Oil & Gas Inc. (AEZ) Sees Solid Opportunity

Many investors often look to the larger oil and gas developers for a safe investment, and in a certain sense these types of companies are perhaps one of your more safe investments. Energy after all is always a need. There are, however, companies on the verge that may make better investments as they move forward with production and development plans. While some may look left at these more main-stream players, looking right for those companies that may be in the right place at the right time may be a bit more profitable. Care needs to be taken and research done,…

ThursdayNov 05, 2009 11:22 am

Xcellink International Inc. (XCEL.OB) Gets Patent Awarded in China

The Las Vegas Company Xcellink International has been gaining momentum in the patent mobile payments and banking platform business. While their aggressive business approach and unique technologies have been catching the attention of investors, the young company took a major step towards enhancing their future with the announcement that it has been awarded Patent # ZL 97197543.4 in China. The patent will be entitled ‘Automated Electronic Funds Transfer System and Method’ and will cover automated data interchange to achieve transactions between customers and merchants over wireless links. One of the key aspects of being awarded this patent is that China…

ThursdayNov 05, 2009 11:21 am

Galaxy Gaming, Inc. (GLXZ.OB) Announces Third Quarter Highlights

Today, Galaxy Gaming, Inc. announced that it has filed its third quarter operating results. Separately, the company also announced that it recently completed private equity fundraising. In a private placement of its securities, the company originally intended to raise $400,000. Due to investor demand, the offering was oversubscribed and the Company raised $600,000. The offering is now closed. Galaxy Gaming also took the opportunity to announce some of their third quarter highlights. The company reported a 47% growth in third quarter revenues, from last year's data of $533,375 to 2009's $782,493. The growth marks a new company record. Additionally, gross…

ThursdayNov 05, 2009 11:18 am

ClearOne (CLRO) Acquires NetStreams, Inc. in Million Dollar Transaction

Leading audio conferencing solutions provider, ClearOne, announced today that it has acquired NetStreams, Inc. Headquartered in Austin, Texas, privately-held NetStreams has approximately 20 employees and will continue to operate from its current location. NetStreams' 2009 revenues are anticipated to be in excess of $5 million. NetStreams is a global leader in digital media networks. Its IP technology appears in a wide variety of applications, including digital signage, corporate video distribution, network operations centers and government facilities. It can also be found in large venues such as the hospitality, entertainment and casino industries. NetStreams' digital streaming media and control systems support…

ThursdayNov 05, 2009 11:16 am

Omnicity Corp. (OMCY.OB) Sees Clear Path to Rapid Growth

Omnicity Corp wants to be rural America’s premier telecommunications and broadband Internet Service Provider. The company has developed a business model that has proven successful in thousands of rural Indiana homes, providing high-speed Internet service on a mass basis at a lower cost and more efficiently than wire or fiber optic solutions. With this model in hand, Omnicity is now growing rapidly through acquisitions with the goal of capturing the underserved and unserved rural and small town markets throughout America. The majority of rural homes do not yet have access to broadband service. Cable is often unavailable, and DSL service…

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Month: November 2009