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MondayOct 31, 2011 4:09 pm

BluePhoenix Solutions (BPHX) Signs $17 Million Dollar Agreement to Sell AppBuilder Business

Today, BluePhoenix Solutions announced the execution of a definitive agreement to sell its AppBuilder business to Magic Software Enterprise Ltd (NASDAQ: MGIC) for $17 million. Magic Software provides mobile and cloud-enabled application and business integration platforms to businesses across the globe. BluePhoenix expects to close on the sale in November 2011 (subject to the fulfillment of conditions defined in the acquisition agreement). After deducting deferred revenues and other expenses, BluePhoenix anticipates that the net proceeds from the sale will range anywhere from $14.0 million to $14.5 million. BluePhoenix will place $2 million of that amount in an indemnification escrow for…

MondayOct 31, 2011 2:11 pm

Force Energy Corp. (FORC) Provides Update on Canadian Lithium Drilling Program

Force Energy Corp. released an update on the company’s exploratory drilling program in Canada. The company believes that the properties are prospective for lithium and other minerals. Force Energy has completed Phase 1 of the drilling program, which comprised a due diligence process at the Zoro 1 property in Manitoba, Canada. The purpose of this phase was to confirm the historical reserve level at the site and the presence of pegmatite that contains lithium. Force Energy said the due diligence performed confirms that the property has a historic resource base of 1.7 million tons of lithium as well as a…

MondayOct 31, 2011 1:15 pm

Beacon Equity Research: $2,000+ Gold Coming Soon, according to Jim Sinclair

In Thursday’s post on JSMineset.com, Jim Sinclair reminded investors of his long-standing slogan for the global financial crisis: QE to Infinity “QE to infinity – there is no other choice,” the life-long gold market consultant stated. “There is no other functional tool in anyone’s toolbox to stop camouflaged runs on the bank.” Therefore, he wrote, “QE to infinity in the Western financial world is assured. As a result, gold in the $2,000s is coming soon.” How can Sinclair assure this outcome? Well, no one sees into the future with anything resembling crystal clarity, but Sinclair is studied on matters of …

MondayOct 31, 2011 1:08 pm

Beacon Equity Research: Silver Price Going to $50, says Peter Schiff

For those waiting to seize another drop in the price of silver, Euro Pacific Capital CEO Peter Schiff believes today’s bargain basement price won’t get any cheaper and that full-pricing of $50 in the white metal is coming—maybe within 60 days. Speaking with King World News’ Eric King, Friday, Schiff warned procrastinating silver bugs, “We are going to eventually go through $50 [silver], so buy it now.” The gold price, he expects, will reach $2,000. Schiff’s latest advice comes on the heals of last week’s bold call, of which, he said a renewed drop in the U.S. dollar was imminent…

MondayOct 31, 2011 12:01 pm

Beacon Enterprise Solutions Group, Inc. (BEAC) Led by First Class Management Team

When performing due diligence, investors will often spend hours looking at the fundamentals of a company and industry trends, but often fail to properly evaluate the management team. This is a terrible oversight. These individuals are responsible for making decisions that determine the very fate of the organization. Chairman and CEO Bruce Widener leads Beacon Enterprise Solutions with more than nineteen years of industry experience. He is recognized as one of the founding employees of UniDial Communications/Lightyear Network Solutions, a private company that grew from start-up to over $220,000,000 in sales within six years. At Lightyear, Mr. Widener was responsible…

MondayOct 31, 2011 11:49 am

Small Cap Voice: Exergetic Energy, Inc. (XNGR) Receives Approval from FINRA to Begin Trading on the OTCBB

Exergetic Energy, Inc. ("EEI"), an integrated energy supply company, announced that on October 26, 2011, FINRA approved its OTCBB application. Now, EEI will resubmit its S1 registration statement for the $10 million equity line (Press Release Issued 3/24/2011) that was initially negotiated through Auctus Private Equity Group, LLC in March of 2011. “We are excited about achieving this key objective,” stated Clarence B. McCollum, chairman and CEO of EEI. “Pursuant to the SEC’s recommendation, EEI withdrew its S1 application to apply to OTCBB. It is very important to the company and our investors that we are listed on OTCBB and…

MondayOct 31, 2011 11:29 am

Quantum Fuel Systems (QTWW) Video Chart for Monday, October 31, 2011

QTWW is holding a solid base above $2. A channel has been developed throughout October with resistance in the area of $2.30. Technical traders will be watching for a break of the channel as the lower indicators align for a possible move. The bottom support must hold to stay in play. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

MondayOct 31, 2011 11:27 am

Sauer Energy, Inc. (SENY) Revolutionary WindCharger Turbine Wind Power Product Featured at IEEE Energy Efficiency Symposium

Sauer Energy, a developer of innovative vertical axis wind turbines, designed to be readily applicable across the spectrum from residential and small community up to large industrial scale, announced the showcasing of its WindCharger™ system at globally recognized technology professional association IEEE’s Energy Efficiency Symposium in California, held Oct. 27. President and CEO of SENY, Dieter Sauer, was extremely pleased to be chosen by the prestigious IEEE to be the sole representative of wind power at this major energy sector event. Mr. Sauer recognized the key opportunity the WindCharger showcasing represents and spoke enthusiastically about the potential created when so…

MondayOct 31, 2011 8:51 am

VolitionRX Ltd. (VNRX) CEO Updates Shareholders

VolitionRX Ltd., a life sciences company focused on developing blood-based diagnostic tests, today issued the following letter to its shareholders from Cameron Reynolds, CEO. Dear Shareholders, Given the speed at which our company has been growing and the fact that we have been reaching our key milestones, I would like to review the past year and look forward to future goals that will continue to make the Company successful. We have had an extremely productive year establishing the structural basics of the Company, and in the past seven months, focusing on the development and marketing of our innovative and ground-breaking…

FridayOct 28, 2011 5:43 pm

Wizzard Media (WZE) Announces Invite-Only Test of Beta Version of OnPublish Program on Libsyn.com for Podcast Playback with Facebook and Twitter

Wizzard Media, the world’s largest podcast network, today announced that it has begun a private beta version test of its OnPublish program which will integrate support for both Facebook and Twitter in the libsyn.com publishing platform. With the OnPublish program, producers of podcasts will have the ability to publish audio and video shows directly to Facebook and Twitter which the Company expects will grow their audience numbers by over 50% in two years. Wizzard previously announced plans to integrate with Facebook and intends to build the first subscription based podcast network that will include the Facebook Credit System used by…

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