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FridayFeb 26, 2010 4:18 pm

FormCap Corp. (FRMC.PK) Announces Launch of Comprehensive Exploration Program

Today after the closing bell, FormCap Corp. announced that its technical team is initiating a comprehensive and systematic strategy to explore for oil and gas at the company’s Weber City Prospect. The six member multi-disciplined technical team, assembled by FormCap’s Calgary based operational partner, will utilize the most advanced technology available to delineate drill targets, as well as to determine the size and scope of the initial seismic and geophysical program. According to the press release, the members of this team have a combine experience of 150+ years in the oil and gas exploration and development industry. The team includes…

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FridayFeb 26, 2010 4:10 pm

Advanced Environmental Recycling Technologies, Inc. (AERT.OB) Receives Final Approval for Oklahoma Recycling Facility

Today, leading plastic recycler and green products manufacturer, Advanced Environmental Recycling Technologies, Inc., announced that the final approval for startup of AERT's new recycling facility in Watts, Oklahoma was granted by the Oklahoma Department of Environmental Quality. The initial run will take place Thursday afternoon. The announcement follows two weeks of extensive checks and calibrations. Recycling technologies at AERT's new facility allows the company to recycle notoriously difficult polyethylene sources, creating a much broader range of feed stocks for AERT's composite manufacturing plants in Arkansas. AERT's new recycling facility met expectations and all recycled plastic processed through the system met…

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FridayFeb 26, 2010 4:08 pm

Susser Holdings Corp. (SUSS) Reports 2009 Profit

Susser Holdings Corp. reported net income of $2.1 million, or $0.12 per diluted share, in 2009, a decline from the $16.5 million, or $0.97 per diluted share, earned in 2008. Revenues were reported at $3.3 billion in 2009, down from $4.4 billion in 2008. Susser Holdings Corporation attributed the decline to a large drop in the price of fuel, which was reflected in fuel sales across the company’s stores. Merchandise revenues increased 7.5% in 2009, to $784.4 million, from $729.9 million in 2008. Same-store merchandise sales for Susser Holdings Corporation increased 3.3% in 2009. The company provided guidance of a…

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FridayFeb 26, 2010 1:46 pm

Estate Coffee Holdings Corp. (ECHD.OB) Expands in China, Strategizes for Global Presence

Estate Coffee Holdings Corp. has a clearly defined goal of becoming a full spectrum global coffee industry dynamo, and disclosed yesterday details regarding future strategies to vertically integrate and tighten the Company’s structure by taking a direct ownership role in every aspect of the workflow, from bean production to buying, exporting, processing, roasting and direct sales to customers. This transportable business model makes the growth strategy locale virtually infinite, allowing a socially responsible and logistically viable coffee company to spring up in any region where fine coffee can be grown, and the retention of additional margins (40-100%) throughout the model’s…

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FridayFeb 26, 2010 1:35 pm

Axcess International, Inc. (AXSI.OB) Shows Strong FY 09 Results, Details Technical and Sector Innovation

Axcess International Inc., a portfolio company of Amphion Innovations plc (AMP) with innovative offerings like the Dot™ and Dual-Active™ RFID and other RTLS (real time location systems) wireless solutions for real-time situational awareness of assets, supply chain elements, locations, and persons, announced its FY 09 (ended Dec. 31) results today. President and CEO Allan Griebenow called 09 a “record revenue year”, citing the completion of a second turn-key infrastructural security project in the Caribbean, the debut of a distribution sales bundle to position the Company for further market penetration in physical security, and the HID Global agreement to become an…

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FridayFeb 26, 2010 1:23 pm

Global Entertainment Holdings, Inc. (GBHL.OB) Names Daniel Sherkow COO

Global Entertainment Holdings is a company that has started to gain acclaim as a renowned worldwide entertainment organization. In a short period of time, Global had evolved into an international presence with a multitude of domestic and foreign affiliates. Today, Global took a major step towards enhancing their future with the announcement that Daniel Sherkow will be the new Chief Operating Officer of their wholly-owned subsidiary Global Universal Entertainment. Daniel Sherkow is an acclaimed producer and financier of major motion pictures and has led a variety of successful productions throughout his distinguished career. Sherkow is known for creating cutting-edge productions…

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FridayFeb 26, 2010 1:20 pm

Li3 Energy, Inc. (LIEG.OB) Signs Letter of Intent to Acquire Lithium Project in Argentina

Li3 Energy Inc. is a company focused on identifying and acquiring lithium brine opportunities in the United States, Argentina, Peru and Chile. The company announced today that it has signed a letter of intent with a private company in Argentina to acquire lithium brine assets in the Puna region of northern Argentina. The prospective location, known as the Rincon South Property, covers approximately 4,250 acres. It is comprised of 14 claims on the southern portion of the Salar de Rincon, located adjacent to an advanced lithium brine pumping and production project owned by Sentient. The proposed Rincon South transaction is…

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FridayFeb 26, 2010 11:55 am

eDoorways Corp. (EDWY.PK) Aims For Multiple Income Streams

eDoorways Corp., developer of the new business-to-consumer social network website, has a detailed plan, and associated timetable, laying out exactly how the company expects to make money. It is all based on the unique value the company feels it can bring to local and national vendors in the way of highly targeted traffic, consumers who are actively seeking information and, in many cases, are ready to buy. This is in direct contrast to general social networking sites that generate largely unfocused traffic, and rely solely on the sale of advertising space to generate income. For eDoorways, this represents just one…

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FridayFeb 26, 2010 11:15 am

Simulated Environment Concepts, Inc. (SMEV.PK) Offers Financial Stress Relief

SpaCapsule, the much talked about water massage and therapy system put out by Simulated Environment Concepts Inc., is starting to be viewed as more than just a revolutionary personal escape and de-stressing product. It’s being seen by many small businesses as something of a financial lifeline. These days, as consumer discretionary spending continues to dry up, service companies that are dependent upon a single line of income, offering a single service to their customers, are watching their bottom lines dwindle. In some cases, even the slightest economic ripple can put them under, simply because they have nothing else going for…

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FridayFeb 26, 2010 11:12 am

Excel Maritime Carriers Ltd. (EXM) May Offer Opportunity as Old Contracts Expire and Higher Rates Kick In

There are certain sectors that bear watching as a poor economy struggles with various issues. These sectors indicate trends that offer a roadway to where the profit may lie, even in a down cycle. As the world is obviously a global system of trade, shipping is one such sector. Containers shipped are a signal of export growth and contraction along with money flows. Bulk shipping, however, is a sign of manufacturing and wealth generation. As this sector moves, so does the real world economy (in an economic economist sense.) Excel Maritime Carriers Ltd., a dry bulk shipping company, operates a…

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