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WednesdayJul 01, 2009 6:59 am

China Nuvo Solar Energy Inc. (CNUV.OB) Obtains More Patents through Recent Purchase

What better place to develop new solar technology than sunny West Palm Beach, Florida. China Nuvo Solar Energy Inc. has been developing new, patentable inventions to meet the growing needs of renewable energy. Solar energy in particular takes the front seat for China Nuvo. For most, when we see those shiny squares on a roof or positioned in fields or yards, our first reaction is, “Oh look, solar panels.” Those “panels” are actually intricate layouts of photovoltaic solar cells. The efficiency and productivity of these units have been perfected numerous times over the years. It seems though China Nuvo has…

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WednesdayJul 01, 2009 6:33 am

Lufkin Industries, Inc. (LUFK) Acquires Rotating Machinery Technology, Inc.

Lufkin Industries, Inc. announced this morning that it has completed the acquisition of Rotating Machinery Technology, Inc. (RMT). RMT is recognized as a leader in the turbo-machinery industry, specializing in the analysis, design and manufacture of precision, custom-engineered tilting-pad bearings and related components for high-speed turbo equipment. Additionally, the company services, repairs and upgrades turbo-expander process units for air and gas separation. "We believe the acquisition of RMT will be a strong strategic fit with our Power Transmission division, and we look forward to working with their highly respected and experienced management team. We are pleased that Dr. John Nicholas,…

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WednesdayJul 01, 2009 6:26 am

i2Telecom International, Inc.’s (ITUI.OB) MyGlobalTalk Makes International Calls on the iPhone Affordable

i2Telecom International, Inc., a leading developer of award-winning patented and innovative high-quality mobile applications and services, announced that its international calling solution MyGlobalTalk™ is now available on the iTunes online store as a free iPhone application. By routing calls through the MyGlobalTalk™ network, the iPhone application allows users to make international phone calls for less. Working wherever mobile service is available, users are able to access the high-quality service without a Wi-Fi connection. Furthermore there are no contracts, connection fees or call minimums. “We believe the application is an easy-to-use solution for iPhone users who make international calls from the…

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WednesdayJul 01, 2009 6:12 am

Gold Resource Corp. (GORO.OB) Announces $20 Million Private Placement

Gold Resource Corp. was pleased to announce today that Hochschild Mining plc has agreed to a $20 million private placement, purchasing 5 million restricted shares of GRC's common stock at $4.00 per share. According to the press release, the capital will primarily be used at the company’s Aguila Project in the state of Oaxaca, Mexico. Hochschild's holdings in GRC now totals to approximately 24%. Gold Resource Corporation's president, William W. Reid stated, "We are pleased to have the continued support and financial assistance of Hochschild Mining during these final phases of project construction. Hochschild has and is assisting us in…

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TuesdayJun 30, 2009 1:08 pm

Avalon Oil & Gas, Inc. (AOGN.OB) Poised to Benefit from Rising Oil Prices

According to the Department of Energy’s Office of Fossil Energy, the United States has more than 43 billion barrels of oil from stranded oil reserves and mature oil and gas wells. The key for any oil and gas producer looking for the next successful venture is knowing where to look and having the expertise, crew and equipment to tap into these reserves. The demand for crude oil, natural gas and petroleum-based products continues to soar, with the United States, China and India leading in the cry for more energy. While many markets face downturn in the midst of a recession,…

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TuesdayJun 30, 2009 1:04 pm

Consorteum Holdings, Inc. (CSRH.OB) – Involved in Every Step of Payment Solutions

Consorteum Holdings Inc. is focused on building upon its extensive global expertise within the payments and transaction industry. By identifying new technologies and trends in the changing global marketplace, the company aims to increase revenues in existing markets, enter new markets, and deliver unique products and services to its customers. Consorteum offers its clients a long-term strategic plan utilizing the most technically advanced global solutions available. With expertise in the global payments and transactions industries, Consorteum recognized the need within the industry to provide right source solutions to companies looking to maximize the potential of their business. The company has…

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TuesdayJun 30, 2009 11:01 am

LIGATT Security International (LGTT.PK) to Purchase Cyber Defense Systems, Inc.

LIGATT Security International announced today the intent to purchase Cyber Defense Systems, Inc. (PINKSHEETS: CYDM), a company whose focal point is international homeland defense. This purchase will aid in the distribution of computer security and cyber crime products and services. CYDM is certified to do business with the federal government and has operated in the past under the International Traffic in Arms Regulations (ITAR) agreement. The company plans to utilize ITAR to sell products to National Homeland Security, foreign militaries, foreign militaries and international governments. CEO Gregory Evans stated, "We plan to pay current shareholders of LIGATT Security shares of…

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TuesdayJun 30, 2009 10:58 am

i2Telecom International, Inc. (ITUI.OB) Names Gary Menees as Vice President of Strategic Sales

Award winning developer of innovative high-quality mobile applications and services, i2Telecom International, Inc. announced the appointment of Gary Menees as Vice President of Strategic Sales for i2Telecom International, Inc. and its subsidiary companies. Mr. Menees will focus on developing and maintaining strategic relationships with targeted accounts in the company’s key markets, including enterprise, retail and small/medium business channels. With a Bachelor of Arts degree from the University of Memphis, Mr. Menees has more than 18 years of industry experience, developing sales and distribution channels with global distributors, national retailers and wireless operators. He has served as a Sales Manager with…

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TuesdayJun 30, 2009 10:55 am

Energtek, Inc. (EGTK.PK) Promises a Cleaner World

Energtek, Inc., world leader in the development of ANG (Adsorbed Natural Gas) technology, sees itself as offering a solution to a host of world environmental problems. By using ANG technology to provide more efficient and cost effective natural gas storage and transportation, Energtek allows the use of natural gas (NG) in vehicles and locations not previously possible. In so doing, the many environmental advantages of NG are greatly expanded. This is especially true in Asia where ANG means natural gas can now be inexpensively transported to remote locations not served by the region’s limited pipeline infrastructure. In addition, millions of…

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TuesdayJun 30, 2009 10:17 am

eDOORWAYS Corp. (EDWY.PK) Names Michael Vincent as Lead Technology Architect

eDOORWAYS Corporation Chairman & CEO, Gary Kimmons announced yesterday that the company is leaving nothing to chance as they intend to make good on their commitment to soft launch the "SOLVE" doorway on October 1st, 2009. eDOORWAYS has signed former speakTECH Solutions Architect, Michael Vincent to manage functional testing, modifications and delivery of the eDOORWAYS' platform previously developed by speakTECH. Vincent's role will be to make sure that all necessary "SOLVE" soft launch components are in place and operating correctly. "Michael is going to assist us with getting over the goal line," said Gary Kimmons, CEO of eDOORWAYS Corporation. "Building…

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