TuesdayJul 06, 2010 12:51 pm

China New Media Corp. (CMDI.OB) Appoints New Board Members

China New Media Corp., www.gywj.cn – owner and operator of the biggest outdoor media network in the thriving city of Dalian, Northeastern China’s commercial hub, announced some alterations to its Board of Directors (BoD) on June 23: • Mr. Dror Poleg - Chairman of the Nomination Committee (independent director) • Mr. Johann Y. Tse - Chairman of the Compensation Committee (independent director) • Ms. Ming Ma, president of the Company - Director of the Board This brings the BoD to a total of four, including two independent directors. The appointments were acknowledged by Chairman and CEO, James Wang, as a…

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TuesdayJul 06, 2010 12:49 pm

Intelimax Media, Inc. (IXMD.OB) Upgrades Gaming Website, Rolls Out InteliGaming Network

Intelimax Media Inc., www.intelimax.com – developers of online gaming, web content and the proprietary InteliGaming multi-player network, announced the launch of their supercharged new gaming and social networking website Gamboozle.com™ today. The Company’s InteliGaming multi-player network, whereby the Company licenses white label products (that is, content that can be skinned or branded to suit the client), constitutes a robust subscription gaming solution for third parties. President and CEO of IXMD Chaz Green, pointing out the decided shift towards casual gaming in the online market and subsequent emphasis on so-called “soft” games like Tetris, Bingo, Pac Man et al., also disclosed…

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TuesdayJul 06, 2010 10:34 am

Micro Identification Technologies, Inc. (MMTC.OB) Gains Marketplace Traction

Micro Identification Technologies Inc. may be getting some serious traction in its drive to introduce a revolutionary new way of identifying pathogenic microorganisms. The company has created the MIT 1000, the world’s only non-biological automated system for identifying bacteria, using proprietary software to analyze and interpret the complex patterns generated by laser light reflected off the microbes. Compared to traditional methods of identification, the MIT 1000 offers a far quicker, simpler, and less costly way of spotting potentially dangerous contaminates. The federal government has called for the passage of tougher food safety regulations based upon dramatic numbers regarding the toll…

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TuesdayJul 06, 2010 9:46 am

Nevada Geothermal Power Inc. (NGLPF) Opens Phase One Blue Mountain Plant, Full Development Program Estimated at 150-300 Megawatts

As the stock market continues to fumble along, safer bargain stocks may be a place to look for investment. Although not sexy, utilities may be an option if the price is right. With industry down for the moment these types of stocks may also be ripe for purchase. For those that would like a portion of their portfolio in a fairly safe place, a profit may well come down the road. Nevada Geothermal Power Inc., a newly opened Geothermal power plant located in Nevada, is working to construct geothermal power facilities located in Nevada and Oregon. The company's Blue Mountain…

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TuesdayJul 06, 2010 9:42 am

China Industrial Waste Management, Inc. (CIWT.OB) Receives Additional Government Subsidy for Capacity Expansion Project

One company that is starting to make a move in the global green sector is China Industrial Waste Management Inc. Located in Dalian, China, the company is engaged in the collection, disposal, recycling and treatment of industrial wastes principally in Dalian and surrounding areas of China through its 90%-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. Today, China Industrial Waste took a major step towards enhancing its future with the announcement they have received a government subsidy for their capacity expansion project. Dalian Dongtai, the premier subsidiary of China Industrial Waste, will receive this national subsidy of RMB 5…

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TuesdayJul 06, 2010 9:08 am

GMX Resources Inc. (GMXR) Updates Texas Oil And Gas Operations

GMX Resources Inc. issued an operations update on its oil and gas properties located in East Texas. The company has more than 42,000 net acres under lease that has exposure to various formations in the area. GMX Resources Inc. reported that the company produced 4.2 billion cubic feet equivalent (Bcfe) of natural gas in the quarter ending June 30, 2010. This was in line with the company’s guidance given earlier in the year. GMX Resources Inc. said that production of 4.2 Bcfe was a record for the company, and represented sequential growth of 31% over the first quarter of 2010,…

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TuesdayJul 06, 2010 9:07 am

Magellan Minerals Ltd. (MNM.V) Provides Update on Drilling Program in Brazil

Recently, Magellan Minerals Ltd. provided an update on the Company’s drilling program at the Coringa project in northern Brazil. Diamond drilling at Coringa is now in progress and 2552m (20 diamond drill holes) have undergone completion so far. The Company also received results on five additional holes. Two of the five holes underwent drilling at the new target area of Mae de Leite, 2 kilometers along strike and to the north of the gold resource at the Meio Zone. These particular holes intersected a well-developed mineralized zone varying from 1.3 to 9.0m in width. Hole 96 underwent drilling roughly 80m…

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TuesdayJul 06, 2010 9:05 am

ChinaNet Online Holdings, Inc. (CNET) Continues to Support Employment Initiatives in the People’s Republic of China

ChinaNet Online Holdings, Inc., a leading Internet services and media technology company providing online advertising and brand management solutions for small and medium-sized enterprises in The People’s Republic of China, recently announced that the company is expanding its “Entrepreneurship Fund for Chinese College Students” campaign that focuses on helping China’s college students develop entrepreneurial skills and spur future economic growth with small- and medium-sized business. This program provides the necessary resources to attract successful entrepreneurs for guiding students and providing active assistance for developing business plans. Small- and medium-sized enterprises make up 75% of the urban employment in China and…

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TuesdayJul 06, 2010 8:32 am

Radio One, Inc. (ROIAK) Video Chart for Tuesday, July 6, 2010

ROIAK has some great potential for a technical bounce. A base is being established and the indicators are starting to turn north. Keep an eye on the $1.16 support area. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=432 Let us hear your thoughts below:

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TuesdayJul 06, 2010 7:38 am

Leading Chinese Financial Leasing Company Implements NetSol Technologies, Inc. (NTWK) NFS Solution

NetSol Technologies, Inc., worldwide provider of global IT and enterprise application solutions, announced the successful implementation of its Financial Suite of financial leasing products by Minsheng Financial Leasing Co., Ltd., a leading financial leasing company in China. The implementation includes Netsol's CAP (Credit Application System) and CMS (Contract Management System) solutions. According to Minsheng Financial Leasing, the system's installment, launched in July 2009, has helped normalize and standardize business processes, increase participation in the financing sphere, and tremendously improve operational efficiency. China's rapidly developing financial leasing industry, which grew at a rate of 138.7% in 2009, is playing an important…

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