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…

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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.…

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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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ThursdayOct 21, 2010 10:20 am

eDoorways International Corp. (EDWY.PK) Offers Boundless Ways of Getting Together

Although it is routinely described using a host of popular Internet terms, such as social networking, search technologies, niche marketing, and many others, eDoorways is, at its heart, simply about giving people with a shared interest new and better ways of getting together. The common interest could be anything, such as membership in an organization, a type of hobby, a profession, the use of certain products, a political objective. Although there are various other online options for people, eDoorways is unique in its use of next-generation networking interface technologies and its problem-solving orientation, allowing users to quickly get and share…

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ThursdayOct 21, 2010 8:53 am

PacificHealth Laboratories, Inc. (PHLI.OB) Overhauls Business Model, Focuses on Key Segments for Big Profits in 2011

PacificHealth Labs, www.pacifichealthlabs.com – the pioneering nutrition technologist behind some of the most effective, patented, protein-based, peptide-stimulating sports performance and weight loss nutritionals available in the marketplace, announced sweeping changes yesterday. President and CEO of PHLI, Fred Duffner, acknowledged that the shift away from the Company’s core and heritage in sports nutrition over the last three years did not yield the kind of strength and overall shareholder value desired. As a result, while PHLI will continue to develop the weight management segment, primary focus will again be directed towards the exceptional endurance athlete-focused products. To this end, Duffner announced a…

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ThursdayOct 21, 2010 8:51 am

Vivakor, Inc. (VIVK.OB) and MIT Holding Inc. Team Up to Distribute Revolutionary Biological Transport/Storage Vials

Vivakor, www.vivakor.com – the biotech/biomed company with research proficiency that allows strategic acquisition/development of parallel technologies in molecular medicine, electro-optics, biological handling and others fields, reported yesterday entry into an exclusive licensing agreement calling for all worldwide distribution of the Company’s Vivathermic Vials to be managed by MIT Holding Inc. (MITD.OB). The revolutionary Vivathermic Vial has unsurpassed sensitivity as a biological transport/storage system, far exceeding the performance of anything else available, and is ideal for all types of biological preservation, even the most sensitive stem cells. Through its three wholly-owned subsidiaries, MITD is a well-positioned wholesale distributor of pharmaceuticals but…

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ThursdayOct 21, 2010 8:01 am

Aradigm Corp. (ARDM.OB) Releases Positive Phase 2b Data for Lung Disease Treatment

Specialty pharmaceutical company Aradigm Corp. is focused on the development of its portfolio of drugs delivered by inhalation for the treatment of severe respiratory diseases. Its portfolio includes product candidates to treat bronchiectasis, cystic fibrosis, inhalation anthrax and tularemia infections and smoking cessation. The company today announced that statistical significance was achieved in the company’s recently concluded six-month phase 2b study (ORBIT-2) with Aradigm's once-daily dual release ciprofloxacin for inhalation (DRCFI, ARD-3150) in patients with non-cystic fibrosis bronchiectasis, a lung disease in which airways enlarge. Associate Professor David Serisier of the Mater Adult Hospital, Brisbane, Australia, a pulmonary physician and…

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ThursdayOct 21, 2010 7:52 am

Third Party Studies Aim to Validate Golden Spirit Enterprises Ltd.’s (GSPT.OB) Terralene Fuel

Yesterday, environmentally conscious green technology company, Golden Spirit Enterprises Ltd., reported that it must provide certain information to interested parties in order to verify the effectiveness and practicality of Terralene Fuel, its patented alternative fuel formulation. The information pertains to the company’s objective in developing a fuel specification standard that will incorporate Terralene. The information includes studies from various independent third parties. First, the Canadian Defense Department conducted an analysis of Terralene, characterizing its physical and chemical properties; the fuels were then used in a combustion engine. The study showed that Terralene emissions produced fewer hydrocarbons, NOx, carbon monoxide and…

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ThursdayOct 21, 2010 7:49 am

TNFG Corp. (TNFG.OB) Completes Asset Sale

Yesterday, TNFG Corp. and Lightspeed Financial, Inc. announced that they completed the transaction whereby Lightspeed has acquired 100 percent of the membership interest of Terra Nova Financial, LLC for a purchase price of approximately $27.6 million. The purchase price consists of an initial cash payment of $22.6 million and a $5.0 million promissory note bearing interest at a rate of 8% and due within six months of closing or the earlier release of clearing deposits held Terra Nova's clearing firm. TNFG Corporation estimates that they will have approximately $24 million to $27 million in cash available for distribution to their…

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