Blog - Page 3624 of 5646

FridayOct 22, 2010 8:07 am

Techs Loanstar, Inc. (TCLN.OB) Enters Agreement to Acquire Social Network Tech

Yesterday, Techs Loanstar, Inc. announced that it has entered into a non-binding Letter of Intent to obtain the social networking technology that it has been using (through its subsidiary ZenZuu USA Inc.) under an exclusive license in the US. Techs Loanstar was originally created to provide loan management services and software for the equity and payday loan industry, but upon acquiring ZenZuu USA, ceased pursuing their services in loan management and took on the business plan of ZenZuu. Techs Loanstar, through its subsidiary Contest Partners, Inc, has announced its first online contest, "Sexy and the Cyber Slam", to launch later…

ThursdayOct 21, 2010 3:34 pm

Ardent Mines (ADNT.OB) Signs Memorandum to Acquire Brazilian Gold Mining Property

Ardent Mines Limited today announced it has entered into a Memorandum of Understanding (MOU) with the owners of Rio Sao Pedro Mineracao Ltd. (RSPM), a Brazilian entity that owns land suitable for potential gold mining near Paracatu, Brazil, in which Ardent expects to acquire 100 percent of RSPM via share exchange. Ardent CEO Leonardo Riera said the property, known as Fazenda Lavras, is in close proximity to Kinross Gold in Paracatu, the largest producing mine in Brazil. Preliminary evaluations indicate reserves of approximately 5.7 million ounces of gold on the property. In addition to this property, RSPM owns the mineral…

ThursdayOct 21, 2010 1:32 pm

Harvest Natural Resources, Inc. (HNR) Issues Updated Reserve Report

Harvest Natural Resources, Inc. issued an updated reserve report that incorporates a revaluation of one of the oil and gas fields owned by Petrodelta, S.A., a partly owned affiliate of the company. Harvest Natural Resources, Inc. said that the El Salto field, located in Venezuela, now has 103.0 million barrels of oil equivalent (BOE) of proved and probable reserves as of the end of September 2010. This is a 26% increase from the end of 2009. Harvest Natural Resources, Inc. reported that the increase was due to additional exploration and development in Block 5 of the El Salto Field. The…

ThursdayOct 21, 2010 1:31 pm

Comstock Mining Inc. (LODE) Completes Reorganization Plan

Comstock Mining Inc. announced that the company has successfully completed the reorganization and recapitalization plan that was announced earlier in 2010. The plan involved issuing new equity, obtaining prospective mineral rights and the exchange of existing debt for equity. Comstock Mining Inc. issued Series B Preferred Convertible Stock and raised $35.75 million in gross proceeds. Comstock Mining Inc. said that the company would use the funds to explore and develop its portfolio of mining properties. The Series B Preferred Convertible Stock pays a dividend at a rate of 7.5% and is convertible into 1,536 shares of common stock. Comstock Mining…

ThursdayOct 21, 2010 1:27 pm

American Rare Earths & Materials, Corp. (AREM.OB) Jumps Into Rare Earth Metals Industrial Market

American Rare Earths & Materials, www.americanrare.com – the highly efficient innovator in rare earth metals commercialization, disclosed a series of MOUs (memorandum of understanding) today dynamically expanding its processing and distribution abilities for a whole range of new industrial markets. AREM will extend its exclusive distribution/manufacturing license for patented super alloys of scandium (hitherto developed for sporting goods) to automotives, electronics, logistics and power transmission, as well as shipbuilding and transportation. The MOUs were announced in cooperation with intellectual property holding and scientific development firm Advanced Light Alloys Corp. which holds a patent to an alloy system for infusing aluminum…

ThursdayOct 21, 2010 1:24 pm

GHN Agrispan Holding Company (GHNA.OB) Signs $720k Catering Agreement with China’s Largest Hypermarket Retailer

GHN Agrispan, www.ghnagrispan.com - the brilliant Chinese operating company that is pursuing a “from the farm to the table” philosophy in order to create a robust food supply system, announced a strategic agreement to provide catering services to China's largest hypermarket chain today. Estimated annual value of the contract is $720k and would have GHNA supplying meat and vegetable dishes in addition to a selection of healthy soups to round out its already extremely appealing all-natural catering services. Very good news to the some 1.2k employees at the Ningbo Beilun Branch of China’s domestic retail hypermarket giant as this contract…

ThursdayOct 21, 2010 1:21 pm

Car Charging Group, Inc. (CCGI.OB) to Bring its Electric Vehicle Charging Stations to Mall of America

Car Charging Group, Inc. announced this morning that it plans to install electric vehicle charging stations at Mall of America in Bloomington, Minnesota. The Mall of America® is the United States’ largest retail and entertainment complex covering 4.2 million square feet and has over 13,000 parking spaces in its lots. Dave Haselman, Executive Vice President, Mall of America, commented, "Mall of America® has always been committed to environmentally responsible design. The existing Mall was designed and built in an environmentally responsible manner incorporating elements such as an extensive recycling program, 30,000 live plants and trees that act as natural air…

ThursdayOct 21, 2010 10:28 am

Malaga Financial Corp. (MLGF.OB) Posts Record Earnings for Q3 and Nine Months

Malaga Financial Corp., parent company of Malaga Bank FSB, today reported its financial results for the third quarter and nine months ended September 30, 2010. Net income for the third quarter of 2010 was $2.70 million, or $0.47 basic and $0.46 fully diluted earnings per share, up 8 percent from net income of $2.50 million, or $0.44 basic and $0.43 fully diluted earnings per share, for the comparable quarter of 2009. Net income for the nine months ended September 30, 2010, increased 9 percent to $7.78 million, or $1.34 basic and $1.32 fully diluted earnings per share, as compared to…

ThursdayOct 21, 2010 10:25 am

Bloggerwave Inc. (BLGW.OB) Plans Expansion of U.S. Customer Base

Located in various locations throughout the world, Bloggerwave has established a strong reputation as a company that helps corporate clients utilize the power of the Internet by leveraging the credibility of blogs to promote products and services. Today, Bloggerwave took a major step towards prominence with the announcement they plan to substantially expand its customer base in the U.S. Bloggerwave has created a unique and affordable way for business big and small alike to advertise. During the first half of 2010, Bloggerwave has grown a large network of U.S. bloggers and will now expand to an array of new companies.…

ThursdayOct 21, 2010 10:22 am

Beacon Equity Research Featured Company: Baron Energy, Inc. (BROE.OB)

Baron Energy, from its HQ in Midland, Texas, runs a dynamic oil and gas exploration/development firm focused on the resource-rich Permian Basin: • Some 4k acres of primary sites in West Texas with 5-100% working interest ranges • 29 producing wells, 16 operated by BROE at 35 Boepd net and 12 Mcfpd gas • 10B barrels yet to be developed • Roughly 98% of production/revenue coming from long-lived oil production Growth curve targets for BROE show 1k Boepd by 2015 via strategic asset acquisition, low cost/risk in-fill drilling and technology upgrading. The Company has another solid foothold in South Texas…

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