Blog - Page 3685 of 5383

TuesdayDec 15, 2009 3:17 pm

EVCARCO (EVCA.OB) Positioned to Capitalize on Alternative Fuel Vehicle Market Trends with Texas Dealership

EVCARCO markets clean technologies in plug-in electric, pre-owned hybrids. The automotive retail group is a developing dealer network for eco-friendly dealerships in the United States. The company’s dealership model balances low overhead and high ROI, giving customers a choice of new or pre-owned environmentally friendly vehicles. Dale Long, CEO of EVCARCO said the company is following “strong trends” in the automotive industry, supported by a recent JD POWER and Associates study claiming that hybrid vehicles are set to achieve record U.S. sales this year. As part of the company’s previously stated expansion strategy, it plans on opening its first dealership…

TuesdayDec 15, 2009 3:11 pm

China Sun Group High Tech Co. (CSGH.OB) Up More than 160% After QualityStocks Coverage

China Sun Group High Tech Co. is currently trading at $1.78 a share, up $0.17 per share or nearly 11% for the day. The stock hit an intra-day high of $1.88 a share, not far from its 52-week high of $2.10. The company appeared in the QualityStocks FREE Daily Newsletter initially on June 5, 2009, when the shares were trading for only $0.68. The shares have moved up greatly in value since then. China Sun Group High Tech produces anode materials used in lithium ion batteries. Through its wholly-owned subsidiary, Dalian Xinyang High-Tech Development Company, the company primarily produces cobaltosic…

TuesdayDec 15, 2009 2:13 pm

Seeing the Longer-term Future of Natural Resources

The recent $31b move by Exxon Mobile into natural gas illustrates the shift taking place in natural resources. Where oil and gold where once the leading sectors, there are now new sectors to consider for the longer-term. This suggestion does not discount the importance of oil and gold but it does recognize that looking for other natural resource "plays" is valid. As Exxon has demonstrated, natural gas is one of the leading segments to consider. Its move has signaled that, in all likelihood, there will be a consolidation of the natural gas market. Presently, there is a surplus of natural…

TuesdayDec 15, 2009 2:02 pm

FormCap Corp.’s (FRMC.PK) Recently Issued Corporate Update

FormCap Corporation is a domestic oil and gas exploration and development company. Several weeks ago, the company issued a corporate update to the public and their shareholders. The highlights of the update follow: The company completed the acquisition of the Weber City Prospect located in Curry County, New Mexico. The Weber City Prospect consists of 4,800 acres, all with five-year primary term leases. FormCap now holds 100% working interest and 80% net revenue interest in the acreage. The company has commenced activities in preparation for drilling its initial 7,000 foot well to test four potentially productive hydrocarbon zones – the…

TuesdayDec 15, 2009 1:58 pm

KongZhong Corp. (KONG) Announces Acquisition of Shanghai Dacheng Network

KongZhong Corp. is a leading mobile internet company in China that delivers wireless value-added services to consumers in China through multiple technology platforms – wireless application protocol (WAP), multimedia messaging service (MMS), JAVA, short-messaging service (SMS), interactive voice response (IVR) and color ring-back tone. The company today announced that it has entered into a definite agreement to acquire Shanghai Dacheng Network Technology. Shanghai Dacheng is a leading developer of three-dimensional (3D) massively multi-player online role-playing games based in Beijing and Shanghai. Based on Dacheng's 2010 net profit after tax, as calculated under US GAAP rules, KongZhong would pay up to…

TuesdayDec 15, 2009 1:56 pm

Analysts Anticipate Fed Will Maintain Low Interest Rates

The Federal Reserve is expected to disclose policy directives regarding interest rates this Wednesday, and it is likely that deliberations today and tomorrow will be focused on whether or not to curtail capital injections. Fed Chairman Bernanke will be watched closely for any hint that the Fed will raise interest rates, but presumably the outlook for the time being is that the Fed will not raise the rates. The Fed walks a tightrope with its attempts to manage the economy, having gotten into a position where the infrastructure of the economy itself has become somewhat dependent on stimulus from the…

TuesdayDec 15, 2009 12:58 pm

3DIcon Corp. (TDCP.OB) To Receive Additional OCAST Funding

Today, 3DIcon Corporation, a true volumetric, three-dimension projection and display technology developer, announced that the Oklahoma Center for the Advancement of Science and Technology has completed a performance evaluation of its 2009 CSpace(R) development efforts. With favorable appraisal, 3DIcon is eligible to receive an additional grant of $149,992 during 2010. Added to the $149,940 grant already received from ICASTM, the two-year total will amount to $299,932. The company’s breakthrough 3D technology was featured this fall at the 2009 SPIE Europe Security + Defense Symposium. Additionally, chief technology officer Dr. Hakki Refai's technical paper "Static Volumetric Three-Dimensional Display," about CSpace(R), was…

TuesdayDec 15, 2009 12:49 pm

Clenergen Corp. (CRGE.OB) Generates Power While Helping Environment

Clenergen Corp., a leading developer of biomass power systems based upon cultivated renewable plant resources, is focused on two foundational goals: • To develop and grow high-density, short-rotation biomass crops on a commercial scale at a cost of production equivalent to or less than the price of coal, using a proprietary integrated farming model • To use this resource to produce power through advanced gasification technologies Clenergen is targeting a large gap that exists in attempts to use biomass alone or in conjunction with standard hydrocarbon fuels. Instead of simply concentrating on developing complex engineering solutions to use existing non-uniform…

TuesdayDec 15, 2009 10:47 am

New Energy Systems Group (NEWN.OB) to Acquire Shenzhen NewPower Technology Co., Ltd. for $14.7 Million in Cash and Stock

New Energy Systems Group, a manufacturer and distributor of battery components in China, recently announced that the company has entered into an agreement to acquire Shenzhen NewPower Technology Co., Ltd. for $14.7 million in cash and stock. The transaction, comprised of $3 million in cash and 1.8 million shares of New Energy’s common stock with a value of $11.7 million at $6.42 per share, is set to be completed by the end of 2009. Founded in 2004, Shenzhen NewPower Technology Co. is a rapidly growing manufacturer of lithium ion batteries. The company expects to generate revenue of approximately $20.1 million…

TuesdayDec 15, 2009 10:46 am

The Saint James Company (STJC.OB) Makes Major Play by Retaining CCG Investor Relations

The Saint James Company is a young corporation that is on the rise. Located in Santa Monica, California, Saint James has made a name for itself by specializing in the acquisition and distribution of New World wines. Today it was announced that Saint James has retained CCG Investor Relations to design and execute its strategic investor relations program. The union of Saint James and CCG may be a profitable one that could lead the young company well into the 21st century and guide them on their path of becoming a dominant market force. When asked about being retained by The…

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