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WednesdayFeb 01, 2012 12:04 pm

Earnings for Redwood Capital Bancorp (RWCB) Soar 70%

Redwood Capital Bancorp is the only locally owned and operated community bank holding company in Humboldt County, California. The company today announced unaudited financial results for the three and twelve month periods ended December 31, 2011. Total assets as of the end of 2011 were $241.7 million, a slight gain of 1% from September 30, 2011 and a sharp increase of 13% since December 31, 2010. Total deposits stood at $216.8 million at the end of 2011, which was again a 1% rise from the September quarter and a solid 12% gain from December 31, 2010. Total loans rose a…

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WednesdayFeb 01, 2012 10:57 am

On the Move Systems Corp. (OMVS) Eyes Multi-Billion Dollar Chinese Mobile Market with Explosion of iPhone Use

On the Move Systems is an evolving company that has earned its reputation by focusing on the development of cutting-edge technology across a broad spectrum of industries which range from solar energy to communications technology. Analysts are predicting Apple could move as many as 40 million iPhones in China in 2013. China is a critical market for Apple, and the company has invested heavily in increasing their footprint in the country. A prime example of this happened earlier this month with the arrival of the iPhone 4S. During this event, the country watched crushing crowds that actually forced the company…

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WednesdayFeb 01, 2012 10:50 am

Delta Entertainment Group, Inc. (DENG) Subsidiary Appoints Dr. Nina Gray Chairman of Medical Advisory Board

PearlBrite ™ Concepts, Inc., a Boca Raton based wholly owned subsidiary of Delta Entertainment Group, Inc., today announced the appointment of Dr. Nina Gray DMD as the Chairman of the Medical Advisory Board management team. Dr. Gray is founder and CEO of Dental Plus California where she has made a name for herself as an expert in dental stem cell banking as well as the development of the Zoom teeth whitening system that lightens discoloration of enamel and dentin. "With great enthusiasm, honor and privilege, PearlBrite welcomes the addition of Dr. Nina M. Gray, DMD as Chairman of our newly…

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WednesdayFeb 01, 2012 10:39 am

Facebook Prepares to Go Public: IPO Valued at $75 Billion-$100 Billion

The reigning king of social networking will soon greet the public equity markets. Facebook is preparing to file documents in preparation for an IPO, and, according to reports, the social networking giant will file a prospectus with the SEC sometime today. Facebook’s IPO is projected to be one of the biggest in history, valuing the company at a projected $75 billion to $100 billion dollars. The company’s stock has been trading in the private markets at a valuation of about $80 billion. In view of Facebook’s enormous public presence, some are anticipating a considerable IPO spike when Facebook’s shares begin…

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WednesdayFeb 01, 2012 9:39 am

TiVUS, Inc. (TIVU) Reports Early Success; Attracts Diverse Range of Advertisers

Today before the opening bell, TiVUS, Inc. announced it has been engaged by a wide-range of advertisers for utilization of the company's proprietary high-definition (HD) internet-protocol television (IPTV) with ad-insertion, including restaurants, beauty & spa services, local attractions, shopping, and more. "I am pleased by the response of local merchants who are now benefiting from increased exposure to thousands of new, ready-to-spend hotel guests every week," stated Shiva Prakash, TiVUS' chief executive officer. "Specifically, we are proud to have such prestigious local advertisers as Hard Rock Café® Philadelphia, Du Jour™ Catering, Breath3™ spa as well as local professional sports teams.…

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