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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…

TuesdayDec 15, 2009 10:18 am

eDoorways Corp.’s (EDWY.PK) Management Reaffirms Company’s Excellent Status

eDoorways Corporation Chairman and CEO Gary F. Kimmons announced today that the company is on track for this December’s release of “SOLVE” beta version 1.0 and anticipates having the Caveat Emptor matter rectified by week’s end. “A mid to late December release of ‘SOLVE’ Beta v1.0 is what we assured our shareholders, and this is exactly what we’re going to deliver… a mid to late December release,” said Kimmons. “We will not let our shareholders down.” “We’re currently in the final stages of testing,” he added. “As with any software, this is an ongoing endeavor that can continue until the…

TuesdayDec 15, 2009 9:49 am

Muscle Flex, Inc. (MFLI.PK) to Release the Beagle StepFit, the BUDDY Tablet Caddy and Muscle Flex VATA Brasil Simultaneously Next Month

Muscle Flex Inc. announced this morning that it will be releasing the Beagle StepFit(TM) (www.BuyTheBeagle.com) and the BUDDY Tablet Caddy(TM) (www.GetTheBUDDY.com) together along with the national release of the Muscle Flex VATA Brasil Sports and Active Wear Collection. Subsequent to the successful initial test of the Beagle StepFit, Muscle Flex will release the Beagle and the BUDDY nationally next month. The company will run both commercials simultaneously to reinforce each other and maximize the up-sell components of each product. Furthermore, Muscle Flex will be officially launching its Muscle Flex VATA Brasil Sports and Active Wear Collection nationally through an aggressive…

TuesdayDec 15, 2009 9:27 am

VIASPACE Inc. (VSPC.OB) Subsidiary Files Registration Statement with SEC; Positioned to Ride Next Wave of Renewable Energy Crop

VIASPACE Inc. is an alternative energy company focused on technologies that reduce or eliminate fossil and high-pollutant energy sources. The company’s subsidiary, VIASPACE Green Energy (VGE), grows and markets Giant King Grass, a renewable energy crop. VIASPACE recently announced that VGE filed a registration statement on form S-1 with the Securities and Exchange Commission (SEC) to register shares for public sale. VGE received comments from the SEC and filed an amended S-1 on November 19, 2009. The filing is available on the SEC’s Web site www.SEC.gov under the company name VIASPACE Green Energy. Per the agreement, VIASPACE is required to…

TuesdayDec 15, 2009 9:24 am

National Health Partners, Inc. (NHPR.OB) Anticipates Membership Increase in January 2010

Fresh off the successful launch of several large scale campaigns, healthcare membership program provider National Health Partners, Inc. announced yesterday that it expects to generate more than 10,000 new members during January 2010. The company also anticipates between 40,000 and 50,000 new members during its fiscal quarter ending March 31, 2010. If National Healthcare Partners achieves this goal, it will represent the largest number of new members ever generated in the company’s history. The new members have the potential to boost retention rates and lead to greater profit margins. David M. Daniels, President and CEO of National Health Partners, commented,…

MondayDec 14, 2009 4:18 pm

December 14th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: DKAM, ENZ, FMTI, HYTM, IMUC, IWEB, NXOI, ONBI, PHC, PSID, SRCO Markets finished this relatively quiet week much where they began, as a lack of significant catalysts left markets trading mostly sideways and led to the major indices closing decidedly mixed following the week's activities. All told, the Dow ended the week moderately in positive territory, gaining 82 points to close at 10471, up 0.8% on the week and 19.3% on the year. The Nasdaq lost 0.2% on the week, closing at 2190 bringing its YTD gains to 38.9%, while the S&P…

MondayDec 14, 2009 4:01 pm

China North East Petroleum Holdings Ltd. (NEP) to Raise $13.5 Million in Stock Offering

China North East Petroleum Holdings Ltd. signed an agreement to sell 1.9 million shares of its common stock to a group of institutional investors. The company issued the shares at $6.875 per share, raising gross proceeds of $13.5 million. China North East Petroleum Holdings Ltd. also issued warrants to purchase 392,728 shares of common stock at a price of $8.10 per share. The warrants can be exercised six months after the transaction closes, and expires 30 months after that date. The company said it would use the proceeds to redeem an 8% bond issue that was outstanding and for general…

MondayDec 14, 2009 3:14 pm

NetSol Technologies Inc. (NTWK) is “One to Watch”

Founded in 1995, NetSol Technologies Inc. is a worldwide provider of global business services and enterprise application solutions. The company uses their BestShoring™ practices and experienced resources in analysis, development, quality assurance, and implementation to deliver high quality, cost-effective solutions. Trading on the NASDAQ Capital Market, NetSol Technologies Inc. has their headquarters in Calabasas, California. The company's clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. Along with their corporate headquarters, NetSol Technologies has operations and offices in Adelaide, Bangkok, Beijing, Lahore, London, and San Pedro Sula. The company's product and services offerings, specialized…

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