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TuesdayJun 23, 2009 1:07 pm

Avalon Oil & Gas Inc. (AOGN.OB) Expands Ownership of Grace Wells through Acquisition of Bedford Energy Assets

Avalon Oil & Gas Inc. is an oil and gas investment company focused on the acquisition of producing properties and the development of oil production-enhancing technologies. In accordance with its business strategy, the company recently announced a letter of intent to acquire all of Bedford Energy Inc.’s oil and gas producing assets. Said assets are located in the East Chandler Field, Lincoln County, Okla., and increase Avalon’s current interest in the Grace #2 well, which it acquired in June 2008. Per the agreement, Avalon will also acquire working interests in Grace #s 1, 3, 5A and 6 wells. Avalon’s Grace…

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TuesdayJun 23, 2009 1:05 pm

The UpTurn, Inc. (UPTR.PK) Aided by a Strong Board of Advisors

The UpTurn Inc. is developing an innovative online real estate matchmaking exchange where residential real estate participants are matched with each other based on their individual profiles and intended roles in the market. The company intends to serve all participants in the residential real estate industry. The company is being aided in achieving its goals by a highly competent board of advisors who have a wide range of experience and skill sets. The UpTurn's board of advisors includes: Karen Webster – Ms. Webster is president of Market Platform Dynamics. She serves as an advisor and member of the board for…

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TuesdayJun 23, 2009 8:54 am

Energtek, Inc. (EGTK.PK) Finds Itself On Top Of a New Industry

Energtek, Inc., leading developer of Adsorbed Natural Gas (ANG) technology for efficient containment of natural gas, has the solution to a problem that has plagued many countries, especially in Asia, for years. The company has developed a way to successfully convert millions of 2- and 3-wheeled motorized vehicles to clean burning natural gas at an acceptable cost, and they are now getting an enthusiastic go-ahead to begin the conversion process, which could go on indefinitely and result in a huge and continuous revenue streams for Energtek. Energtek’s system is called CNG LiteTM, and represents a revolution in the storage and…

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TuesdayJun 23, 2009 8:49 am

Sally Beauty Holdings Inc. (SBH) Finds Stability in Beauty Products

Even in difficult economic times, there are certain things that consumers will not give up. Food can always be substituted for at a lower cost, but some items or traits cannot. Vanity is one of these traits, and will always be one of the last sacrificed in the face of a money crunch. If a company can offer a mix of products to capitalize on this human frailty, it will have found a solid way to capitalize in a distressed economy. Sally Beauty Holdings Inc., a retail and professional beauty products company, offers retail products under several national brand names…

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TuesdayJun 23, 2009 8:47 am

Green Planet Bioengineering Co., Ltd. (GPLB.OB) Delivers Stronger Than Expected Operating Income and Profit for 2008

Green Planet Bioengineering Co., Ltd. (GPLB.OB), a high-tech bioengineering enterprise that engages in the research and development, production and sale of various extracts from the residue of tobacco leaves to be used in health and beauty products, recently announced stronger than expected 2008 year-end results with positive outlook for 2009. In 2008, the company’s revenue grew 29 percent to $10.4 million compared to $8.1 million for year-end 2007, and net income increased 25 percent to over $3.3 million versus $2.7 million for 2007. As a leading bioengineering enterprise dedicated to creating high-quality chemical intermediates and innovative downstream health products that…

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MondayJun 22, 2009 3:44 pm

June 22nd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CNLG, CVM, DKAM, ENZ, ICLK, IMUC, ITUI, Investors paused this week, skimming profits from the aggressive three month rally that has seen markets post impressive gains from the March lows. All of the major indices finished in negative territory for the first time since early May, with the Dow leading the way with a 2.9% decline, surrendering 259 points to end the week at 8539, down 2.7% on the year. The Nasdaq finished down 1.7%, closing at 1827, up 15.9% on the year, while the S&P 500 and Russell 2000 finished…

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MondayJun 22, 2009 12:09 pm

BWI Holdings, Inc. (BWIH.OB) Renews Contract with Hopewell Residential Communities, Inc.

Leading provider of waste and recycling services BWI Holdings, Inc., operating as Budget Waste Inc., recently announced that Hopewell Residential Communities Inc., a major residential developer in Alberta, has elected to continue the second year of a ten-year contract. Based on the excellent service provided by Budget Waste Inc, Hopewell Residential Communities Inc. slated BWI to serve as the exclusive supplier of waste bins and sorting for recycling in the Mahogany community. Mahogany consists of approximately 8,000 single and multi-family homes within the City of Calgary. Budget's recycling contract for Mahogany has an estimated contract value of $11,200,000.00. The terms…

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MondayJun 22, 2009 12:06 pm

Axial Vector Energy Corp. (AXVC.PK) Announces “Significant Milestone” Through Acquisition of Adaptive Propulsion Systems

Axial Vector Energy Corp. is a global solutions provider delivering revolutionary technologies, including internal combustion engine and electric power generator technologies for military, industrial and commercial applications. The company recently announced the successful completion of its technology transfer in accordance with its acquisition of Adaptive Propulsion Systems LLC (APS), a subsidiary of Tactronics Holdings. The acquisition correlates with AVEC’s mission to become a leader in the international engine and energy markets, and, according to AVEC Chairman Ahmed Khalifa, signals the company’s intent to move forward with the licensing and production of its energy efficient products. "Today marks a significant milestone…

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MondayJun 22, 2009 12:04 pm

The UpTurn (UPTR.PK) Receives Support from High Powered Team at BGV

The UpTurn, Inc., under the leadership of founder and CEO Jeffrey Eckman, is combining real estate needs with lifestyle interests to create what some are calling the world’s first Web 2.0 real estate site. As a startup venture, the company is being capitalized with investments from private funding and capital markets, and is also receiving resources and support from another young company founded by Eckman, BGV (Blue Green Ventures). BGV provides business development strategy and tactical services for early stage companies, with the goal of creating and expanding markets through innovative business models. The UpTurn is BGV’s primary focus, but…

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MondayJun 22, 2009 12:00 pm

Savoy Energy Corp. (SNVP.OB) – Building a Portfolio of Oil & Gas Properties

Savoy Energy Corporation is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through recompletion and work-over activities. Savoy Energy uses a meticulous process of evaluation, application of modern well technology, and stringent management controls when deciding if leasing a property will be a viable undertaking. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling. This process takes away the risk…

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