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WednesdayDec 30, 2009 4:53 pm

ChinaTel Group Inc. (CHTL.OB) is “One to Watch”

ChinaTel Group Inc., through their controlled subsidiaries, provides telecommunications infrastructure engineering and construction services globally. Headquartered in Irvine, California, the countries they serve include the United States, China, Argentina, Peru, and Chile. ChinaTel Group Inc.'s goal is to acquire and operate WiMAX networks in key markets throughout the world. They are working to be a leader of Internet technologies. Taking advantage of the WiMAX technology wave, they believe they will have the capabilities to become a catalyst of change for the new generation of Internet applications and users. Their corporate strategy is to build leading-edge IP-leveraged solutions advanced by their…

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WednesdayDec 30, 2009 1:48 pm

ECOtality, Inc. (ETLE.OB) Hosts Arizona Debut of Nissan ‘LEAF’

ECOtality Inc. is a leader in clean electric transportation and storage technologies. One of the company's subsidiaries, Electric Transportation Engineering Corporation (eTec) will join Nissan North America this week for the debut of the zero-emission LEAF electric vehicle in Arizona. Nissan has taken the LEAF on a tour of 22 cities in 11 states, as well as the District of Columbia and Vancouver, Canada. The tour offers the opportunity for interested drivers, business and media to learn more about the Nissan LEAF and the benefits of zero-emission driving. In August 2009, ECOtality's eTec was awarded a federal grant of nearly…

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WednesdayDec 30, 2009 1:45 pm

Muscle Flex, Inc. (MFLI.PK) Sportswear Collection Fits the Market

Muscle Flex Inc., the multi-faceted health and fitness company, has come up with what could become its most successful product venture to date, its VATA Brasil Collection of sportswear. Using all of its knowledge and experience regarding the fitness market, the company has put together a one-of-a-kind garment designed to incorporate all of the qualities its customers are looking for. One of the most amazing aspects of the design collection is that it is actually a single size, using a special OneFit fabric with an amazing 10x stretch factor. The result is cost-effective manufacturing producing a garment that fits sizes…

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WednesdayDec 30, 2009 1:40 pm

AlumiFuel Power, Inc. (AFPW.OB) Announces Delivery of Its First Production Hydrogen Generator

AlumiFuel Power Inc. is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water and proprietary additives. The company announced today that it has taken delivery of its first production unit hydrogen generator, the PBIS-1000. The company also announced that, with the help of its local manufacturing partner – Apex Piping Systems, its production line is fully ready for mass production of its hydrogen generators. Operation of AlumiFuel Power's PBIS-1000 generator is simple: two 32-ounce 'aluminum can' cartridges containing aluminum powder and the proprietary additives are loaded into the…

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WednesdayDec 30, 2009 1:31 pm

TaxMasters, Inc. (TAXS.OB) Reveals Outstanding 2009 Growth, Announces Growth Strategy for 2010

TaxMasters, Inc., which specializes in helping clients resolve outstanding federal tax debt by leveraging a team of seasoned industry professionals, disclosed to the public today, Wednesday, December 30, the issuance of its December letter to shareholders in which 3Q FY 09 results are detailed and the growth strategy for 2010 is outlined. Founder, President and Chairman of the Board of TAXS, Patrick Cox, explained in the letter to shareholders that – since going public in 2009 via a reverse merger – “sustained growth was driven primarily by an increase in demand for IRS tax relief and individuals looking to regain…

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WednesdayDec 30, 2009 12:31 pm

Sector 10, Inc. (SECI.OB) Up Over 70% Following CEO Message and Extensive Newsletter Coverage

Sector 10, Inc. shares are currently trading at $0.24, up 71.43%, on incredible volume of nearly 3.5 million traded shares. Today, Beacon Equity Research, Microcap Voice, Penny Stocks Finder, Stock Preacher, Penny Stocks Finder, StockHideout, Investor Soup and FHPS covered the company in their stock newsletters. With an average daily volume of 298,830, the stock has never traded so many shares in a single day. Sector 10 is focused on redefining the emergency response paradigm from centralized equipment staging to onsite pre-deployed resources. Sector 10 is the only emergency response systems company so strongly emphasizing pre-deployed resources as the way…

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WednesdayDec 30, 2009 10:05 am

Indigo-Energy, Inc. (IDGG.OB) Engages Oil and Gas Advisors to Assist with Well Completion Efforts

Indigo-Energy, Inc. was pleased to announce today that it has engaged Oil and Gas Advisors, Inc. (OGA) of Dallas, Texas to assist with completion efforts on its wells drilled in the Illinois Basin. Indigo recently received the funding necessary to begin the final steps of completion engineering on three natural gas wells and one oil well drilled earlier this year. Working with Indigo’s existing operating partners in the Basin, Oil and Gas Advisors will help ensure the best production results possible once the wells are brought to completion. Led by President Robert Dickinson, who brings over 24 years of natural…

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WednesdayDec 30, 2009 9:55 am

Subaye, Inc. (SBAY.OB) Reports Year-End Results for Fiscal 2009

Subaye, Inc. announced this morning its financial results for the fiscal year ended September 30, 2009. The company’s revenues for the fiscal year ending September 30, 2009 totaled $47,987,000, up 64% from $29,172,000 in fiscal year 2008. Net income grew 159% year-over-year to $9,778,000, or $5.33 EPS, up from $2.47 EPS in the prior year period, both of which are adjusted for the recent reverse stock split. Net margin increased to 20% as compared to 13% in fiscal 2008. Mr. Cai, the CEO, commented, "I am very pleased with our financial results for fiscal 2009. Our online membership business had…

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WednesdayDec 30, 2009 9:46 am

Mixed Economic Indicators Show Signs of Improvement

Don’t start waving the flags yet, but at least a few economic indicators are finally starting to edge upward. For the second month in a row, Americans’ overall confidence in the economy increased, with job market expectations hitting their highest level in two years. The Conference Board Consumer Confidence Index, which had increased in November, rose again in December by 4.5%, to 52.9. This is higher than the reading expected by economists polled by Thomson Reuters, but still far from a score of 90 that would signify a solid economy. This same index was at its historic low of 25.3…

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WednesdayDec 30, 2009 9:43 am

China Valves Technology, Inc. (CVVT) to Raise $3 Million in Stock Offering

China Valves Technology, Inc. signed an agreement to sell stock to an accredited investor, issuing 333,334 shares of common stock at a price of $9.00 per share. The company will get proceeds of $3.0 million before expenses. China Valves Technology, Inc. also issued warrants to the investor that allows the holder to purchase 50,000 shares of common stock at an exercise price of $9.00 per share. The warrants are only exercisable for 30 days after the issuance. Both the common stock and warrants issuance are expected to close on December 31, 2009. China Valves Technology, Inc. said the proceeds would…

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