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TuesdayOct 11, 2011 11:05 am

Xtreme Oil & Gas, Inc. (XTOG) Hires Investor Relations Firm

Xtreme Oil & Gas, Inc. is an independent energy company whose primary focus is the redevelopment of proven oil and natural gas fields in the southern United States. The company is currently producing commercial quantities of oil and gas from fields it owns and operates in Texas, Oklahoma and Kansas. The company today announced it has retained Alliance Advisors LLC to provide important investor relations services in the United States. Alliance Advisors will aid Xtreme Oil & Gas in broadening its presence in the financial markets while helping investors gain a better understanding of the investment opportunity the company offers.…

TuesdayOct 11, 2011 11:04 am

Direct Insite (DIRI) Forms Strategic Partnership with Enterprise Risk Management

On Monday, Direct Insite announced that they formed a strategic partnership with Enterprise Risk Management, a provider of risk management services to businesses and government entities globally. Direct Insite is a leading provider of on-demand services for accounts payable, accounts receivable, and payments automation. Direct Insite automates processes such as electronic invoice distribution and submission; purchase order submission, distribution and acknowledgement; invoice processing and validation; line item matching; approval routing; invoice consolidation; dispute management, as well as payment processing. Enterprise Risk Management's service lines include IT security, risk management, computer forensic services, IT audit services, regulatory compliance, and attestation services.…

TuesdayOct 11, 2011 10:53 am

Strategic American Oil Corp. (SGCA) Announces Estimated Net Proved Reserves at 1.6 Million Barrels of Oil with 16.6 Billion Cubic Feet of Natural Gas

Today shortly before the opening bell, Strategic American Oil announced that it has received its fiscal year end independent reserve report for the company's productive interests in Texas and Louisiana as of July 31, 2011. Investors should note that this reserve report does not include the recent acquisition of SPE Navigation I, LLC. The report estimates net proved reserves of 1.2 million barrels of oil and 12.5 Bcf (billion cubic feet) of natural gas. According to the press release, this translates to approximately $97.3 million undiscounted, or $58.9 million discounted at 10 percent, in net proved reserves for Strategic American…

TuesdayOct 11, 2011 10:28 am

Kranem Corp. (KRAN) Reclassifies May 13, 2011 Transaction with Xalted Networks, Inc.

Kranem Corp. announced that it has reclassified its May 13, 2011, acquisition of Xalted Networks, Inc. as a reverse recapitalization, which is often referred to as a reverse merger, rather than a stock acquisition. Kranem has determined that its unaudited financial statements for the three month period ended June 30, 2011 and included in its quarterly report on Form 10-Q for the reporting period ended June 30, 2011 should be restated to reflect the new accounting treatment of the Xalted Networks, Inc. transaction. Accordingly, Kranem will file an amended 10-Q (10-Q/A) with the Securities and Exchange Commission for the three…

MondayOct 10, 2011 2:35 pm

ERF Wireless (ERFB) Continues to Expand as Key Provider of Wireless Broadband

ERF Wireless was founded with the goal of providing wireless broadband technology to rural wireless service markets in North America, as well as to specialized vertical markets such as banking and the oil/gas industry. ERF has now become one of the largest wireless Internet service providers in the country, and is a leading provider of secure wireless networks for the regional banking industry. ERF serves customers in nine primarily mountain and south central states and two Canadian provinces. The company’s rapid but carefully orchestrated growth rests largely on its aggressive acquisition of 16 competing wireless broadband networks in these largely…

MondayOct 10, 2011 2:08 pm

Rimage (RIMG) and Qumu Join Forces to Boost Presence in Video Communications Market

Rimage Corp., a leading provider of on-demand CD/DVD/Blu-ray Disc™ publishing systems, today announced that it has signed a definitive agreement to acquire enterprise video communications provider Qumu Inc. Rimage will pay $52 million for the acquisition, which will provide Rimage with a solid presence in the video communications market as the company has established relationships with 100 Global 1000 customers. Notably, Qumu revenues have increased more than 45 percent per year over the past three years. “Qumu is a cornerstone acquisition for Rimage and immediately positions us as a leader in the growing market for video communications and social enterprise…

MondayOct 10, 2011 1:59 pm

Carbon Sciences Inc. (CABN) to Benefit from US Government Focus on Alternative Fuel Technologies to Bolster Energy Infrastructure

Carbon Sciences, Inc., the developer of a breakthrough technology to make transportation fuels from natural gas and carbon dioxide (CO2), today announced its support for the newly announced policy of the U.S. Department of Energy to direct more of its research and development funding to alternative fuel technologies. In a report issued on September 27, 2011, the Department of Energy stated that it recognizes the need to focus on the development of alternative fuels in order to improve U.S. competitiveness in global markets, reduce U.S. dependence on foreign oil, increase the reliability of energy infrastructure and reduce risks from climate…

MondayOct 10, 2011 1:35 pm

Small Cap Voice: Medical Alarm Concepts (MDHI) Accelerates Return of MediPendant™ to Airwaves

Medical Alarm Concepts Holding, Inc., manufacturer of the MediPendant™, the first fully-monitored medical alarm system that allows the user to speak and listen directly through the pendant, today announced that it has officially launched its new television and marketing campaign with Harrington Multi Media Marketing, LLC, (HM3) one of the leading producers of infomercials and short form direct television spots. The Companies are moving quickly with the production of the new television commercials and will likely return to nationwide television by the end of next month. “We are clearly on an accelerated schedule since signing our new marketing relationship with…

MondayOct 10, 2011 12:32 pm

Next One Interactive (NXOI) Combines Television and Interactive Broadband Technologies for New R & R TV

Next One Interactive, Inc., an interactive media company focused on video and media advertising using Internet and television platforms, has released one of its newest ventures, R & R TV, Inc., (RRTV). The new offering is an interactive television network allowing consumers custom controlled access to vacation and real estate information, with supporting solutions for web and cellular devices. The idea is to combine the high media environment of television with the interactive capabilities of web and cellular, ideal for the presentation of visual-rich vacation and real estate content. RRTV is available in over 26 million households, with programs on…

MondayOct 10, 2011 12:09 pm

Beacon Equity Research: Dexia Collapse further Demonstrates Case for Gold

At this point, during the third year of the Kondratiev Winter, the politicians’ blueprint to hide another global Lehman-like collapse of the financial system should be clearly evident to anyone even remotely paying attention to the mentally-exhausting saga in Europe. With this weekend’s collapse of the Belgium/France retail bank Dexia Group, the obfuscations, misinformation campaign and downright lies surrounding the imminent fall of this behemoth financial institution could easily serve as yet another textbook case for owning gold. The kickoff to gold’s rise to prominence, once again, began this Sunday with the fall of Dexia and events leading up to…

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