Blog - Page 2806 of 5599

ThursdayDec 12, 2013 3:19 pm

Oriens’ (OTHM) Talks Materialize to Upcoming LOI Agreement

Oriens Travel & Hotel Management Corp., the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that merger/acquisition talks are winding down as parties prepare to engage in a formal Letter of Intent (LOI). “The complicated piece about this venture is, all parties involved becoming fully acquainted with ongoing cash-flows, projections and operational integration and expansion,” stated Ken Chua, President of Oriens Travel & Hotel Management. “These are vital components for both private and institutional investors, as investment targets have been separated into multiple phases; now exceeding the originally anticipated $10 Million capital raise.” Management indicated…

ThursdayDec 12, 2013 2:28 pm

Victory Energy Corp. (VYEY) Maintains Powerful Growth Trajectory

Victory Energy is an independent oil & gas company focused on growing proved reserves and cash-flow by further developing existing properties as well as by acquiring new resource properties. Last month the company issued its outlook for full-year 2013 with some impressive guidance. In November the company said it is on track to double in size for fiscal 2013. Furthermore, the company estimates that it will shortly thereafter again achieve 100 percent growth based on its currently held Permian Basin properties. For 2013 (including Q4 estimates), Victory Energy sees a 100 percent increase in mineral and drilling investments to $2…

ThursdayDec 12, 2013 1:35 pm

Singlepoint, Inc. (SING) Mobile Marketing Solutions on Pace with Consumer Trends

Singlepoint is a provider of mobile marketing and mobile credit card checkout solutions. The company’s solutions cater to the rapidly growing trend of online purchases, a pattern expected to continue with the evolution of smartphones. As more and more consumers opt for the convenience online shopping via smartphone, Singlepoint has positioned itself in a vertical market that continues to evolve at a rapid pace. Businesses and vendors can create marketing campaigns utilizing Singlepoint’s SMS text services, which create a quick and convenient way to disseminate messages to a subscribing consumer base. Transactions can be completed by providing a mobile credit…

ThursdayDec 12, 2013 12:54 pm

Graymark Healthcare, Inc. (GRMH) Announces Corporate Name Change, New Ticker Symbol

Graymark Healthcare announced that as of Dec. 12, 2013, it has changed its corporate name to Foundation Healthcare, Inc. The company has also commenced trading its common stock under the new ticker symbol FDNH, effective Dec. 12, and will no longer trade under its former symbol, GRMH. This is all in connection with a company-wide rebranding. On July 23, 2013, Graymark completed the acquisition of Foundation Surgical Hospital Affiliates LLC and Foundation Surgery Affiliates LLC (collectively “Foundation”). Headquartered in Oklahoma City, Okla., Foundation owns and operates surgery-focused hospitals and surgery center facilities that are engaged in facilitating and enhancing the…

ThursdayDec 12, 2013 10:10 am

Raptor Resources Holdings Inc. (RRHI) Boosted by New Oil Production Plans in Mozambique

A recent report in Ventures Africa (http://dtg.fm/J57d) indicated that Mozambique will start commercial oil production from an inland eastern coast oil field at Inhassoro in 2014, according to Sasol Petroleum (www.SASOL.com). Well testing has already been conducted, and over 236,000 test barrels of light oil have been produced. According to Ebbie Haan, MD of Sasol, “If we were to develop the field with one or two wells in the first phase, we would be talking about 1,100 bpd”. He added that that Sasol plans to invest around $2.4 billion in Mozambique for a number of oil and gas projects until…

ThursdayDec 12, 2013 10:08 am

SilverSun Technologies, Inc. (SSNT) SWK Technologies Sets Sales Record in 2013

SilverSun Technologies, a company engaged in delivering business technology solutions and services, reports that its principal operating subsidiary, SWK Technologies, will wrap-up 2013 with a record number of sales of its MAPADOC EDI (electronic data interchange) solution. In 2012, the company sold 60 new licenses. SilverSun reports that SWK has already exceeded that number in 2013, and in the past three weeks alone has sold five new licenses with an aggregate value of more than $170,000. “Our MAPADOC business continues to rapidly grow,” Mark Meller, CEO of SilverSun, stated in the news release. “We now have over 400 customers nationwide…

ThursdayDec 12, 2013 10:03 am

Ecrypt Technologies, Inc. (ECRY) Poised to Become the Final Word in Data Security

One small company is set to become a household name when it comes to data security. Ecrypt Technologies is at the cutting edge of data security, specializing in military-strength information security systems that give organizations the freedom to communicate and collaborate without risking liability, reputation damage, competitive threat, or other negative outcomes. The company operates on the principle of “Newthink, not rethink,” stating that today’s market needs new perspectives and fresh thinking when it comes to information security challenges. Ecrypt is an ideas-based company that believes in innovating new solutions – not ineffectually adapting old solutions to new problems. Ecrypt’s…

ThursdayDec 12, 2013 9:43 am

Global Payout, Inc. (GOHE) Forms Joint Venture with CCS Prepay UK Ltd.

Global Payout, a management consultant services company and program manager offering companies electronic payment and prepaid card solutions, today announced it has formed a joint venture with UK-based CCS Prepay, a business-to-business electronic payment services provider, for more strategic targeting of international markets. The joint venture pools both companies’ international prepaid debit card products and resources together in order to fulfill specialized client needs more comprehensively and satisfactorily. In mid-November 2013, the companies had formed a product-sharing agreement on an EMV (EuroPay, Visa MasterCard Smart Card) Visa International Prepaid Debit Card, which had been developed with a partner bank in…

WednesdayDec 11, 2013 6:26 pm

Big Tree Group, Inc. (BIGG) – A One-Stop-Source for Toys

The possibilities are endless for the Big Tree Group, an international toy company that supplies, distributes, and manufactures toys and related products through two subsidiaries based in China and Brunei. Big Tree’s headquarters are located in Shantou City in the Guangdong province, a fitting setting as this region of China, which represents 70% of toy sales, is the most important toy production and export base in the country. Big Tree is an authorized agent for over 8,000 toy manufacturers in China, offering more than 180,000 types of toy products from remote control, seasonal, and baby toys to activity sets and…

WednesdayDec 11, 2013 5:07 pm

Nexus Enterprise Solutions, Inc. (NXES) Builds on Foundational Key Strengths

The lead generation industry has seen a 15% increase in revenues, with ad revenues rising from $1.3 billion dollars in 2010 to $1.5 billion dollars in 2011, according to reports by the Interactive Advertising Bureau (IAB). With years of experience and success in keeping pace with changes, demands, and trends in the lead generation industry, Nexus Enterprise Solutions has emerged as a competitive player in the industry, backed by several notable strongpoints. High Level of Expertise in Wide Range of Verticals Nexus focuses on the auto, health, and life insurance lead generation business. The company has quickly become the go-to…

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