Blog - Page 3709 of 5388

TuesdayNov 24, 2009 8:53 am

eDoorways Corp. (EDWY.PK) Announces Substantial Increase to Existing Credit Facility

eDoorways Corporation announced this morning that it will receive a $1.5 million addition to its existing $500,000 credit facility. The additional credit transpired from successful negotiations with the lending division of AJENE WATSON LLC, bringing the total capital available in the company's revolver to $2.0 million. Gary Kimmons, Chairman and CEO of eDoorways Corporation, stated, "With the increase in our revolving line of credit, we believe we now have sufficient liquidity to not only bring our business plan into action at an accelerated pace but also to support the forward progress of complementing our endeavors." Ajene Watson, Managing Member of…

MondayNov 23, 2009 3:51 pm

November 23rd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CUR, CVM, DKAM, ENZ, IMUC, MFGD, NXOI, OMCM, ONEZ, PSID, XSNX Markets continued to carry momentum during the early stages of last week, as the absence of significant economic news led to a continuation of the upward trend characterizing the past few weeks, until an earnings miss from Dell on Thursday led to a selloff in the technology sector which caused the major indices to end the week mixed. All told, the Dow ended the week in positive territory, gaining 47 points to close at 10318, up 0.5% on the week…

MondayNov 23, 2009 1:51 pm

Longwei Petroleum Investment Holdings Ltd. (LPHI) Reports Strong Third Quarter

Longwei Petroleum Investment Holdings Ltd. reported income of $7.21 million, or $0.09 per share, for the third quarter of 2009. The company earned $5.5 million, or $0.07 per share, in the same quarter of last year Revenues also increased year over year to $59.3 million from $44.48 million. Longwei Petroleum Investment Holdings Ltd. had $9.4 million in cash, and no long-term debt as of September 30, 2009. Cai Yongjun, the CEO of Longwei Petroleum Investment Holding Ltd., said, “I am very pleased with our financial results for the first quarter of fiscal 2010. I can also say that plans to…

MondayNov 23, 2009 1:16 pm

An Opportunity to Get there First in the Media Space

It may appear to be a rather obvious statement, but getting to the investment before it actually goes up is the key to profit. One might call this misleading and sheer folly, but the opportunity does occasionally appear. In this instance, the opportunity discussed in this article may fall a bit out of QualityStocks’ guidelines but it may also be an opportunity for those that wish to invest in stocks pricier than what is generally featured by QualityStocks. To be so bold, we might call this opportunity the "Opra play." Opra Winfrey, a recognized media mogul, has been getting quite…

MondayNov 23, 2009 12:51 pm

Akeena Solar, Inc. (AKNS) Partners with Highland Solar Achieving Canadian Market Penetration

Akeena Solar Inc (AKNS), well-known for their Andalay AC power systems, which are stand-alone solar systems designed for the average home, announced a partnership with Highland Solar (HS) today, Monday, Nov. 23. HS, located in Ontario, will move at least 1.75 megawatts (MW) of the Andalay AC solar panels through 2010, via its local installers throughout Canada. CEO of AKNA Barry Cinnamon commented on the growth potential of rooftop solar systems in Canada, and hailed the partnership with HS for distribution of Andalay AC systems, saying of the product that it could help Canadians “lower their electricity bills with safe,…

MondayNov 23, 2009 12:44 pm

Cardio Vascular Medical Device Corp. (CVSL.OB) Applying for Patents in Europe, Canada, and Far East

Cardio Vascular Medical Device Corp., an Israeli based developer of advanced cardiovascular surgery technologies, has announced that it will apply for additional patents for its proprietary steerable guidewire product for use in angioplasty procedures. The company already holds a U.S. patent for its innovative guidewire, but wants to obtain patents in Europe, Canada, and the Far East in order to penetrate a worldwide commercial marketplace for the life-saving angioplasty procedure. The steerable guidewire is applicable for all angioplasty procedures, and the potential market for related equipment exceeds $500 million. Angioplasty is now a common procedure, performed to widen narrowed or…

MondayNov 23, 2009 12:42 pm

NRG Energy, Inc. (NRG) Acquires California Photovoltaic Solar Project

Today, NRG Energy, Inc. announced that it has acquired the first and largest utility-scale photovoltaic Blythe Solar Project in California, through its wholly owned subsidiary NRG Solar LLC. The 21 megawatt project will be NRG’s first solar generation facility; NRG acquired the site from First Solar, Inc. (NASDAQ: FSLR). As part of the acquisition, NRG Solar has entered into an engineering, procurement and construction agreement with First Solar for completion and performance testing. Testing will commence later this month; the company expects the project to be completed by year’s end. Located in Riverside County, California, the solar PV field will…

MondayNov 23, 2009 11:38 am

Small Cap Voice Featured Company: Metatron Inc. (MRNJ.PK)

Metatron is a multi-business media corporation composed of fast growing companies that transact through the internet and mobile devices. Collectively, the companies aim to harness the power of technology to make people's lives more productive and enjoyable. The company’s strategy is simple and direct; acquire and assimilate fast growing companies in the hottest technology and entertainment sectors. Forming a razor sharp network, the company will intelligently leverage the strengths of its businesses to form a lucrative competitive edge. Metatron is currently tapping into the following online business sectors: online dating, credit card processing, next-gen relational database development, search engine advertising…

MondayNov 23, 2009 11:10 am

Small Cap Voice Featured Company: Ideal Financial Solutions, Inc. (IFSL.PK)

Ideal Financial Solutions, Inc. is focused on becoming a leading financial solutions company by using technology to help people eliminate all non-asset building debt and discover financial independence. The company is committed to high standards of excellence to its customers and employees. Ideal Financial Solutions roots were founded by helping the extremely wealthy. At the time, their fees ranged from $10,000 to $20,000 per client. In 2006, the company changed its business model to help as many people as possible, offering the same great financial techniques but at a fraction of the price. The new pricing model has allowed Ideal…

MondayNov 23, 2009 10:13 am

Solar Energy Initiatives, Inc. (SNRY.OB): Grass Roots Solar

These days, solar is one of the most popular words in the green lexicon. You hear it everywhere, with most of the talk focusing on the increasingly large solar power plants that are now being built. New designs have dropped the price of large scale solar electricity generation by over 80% in the last 25 years to a level that is now closing in on standard grid prices. Factoring in government subsidies puts solar over the top and has motivated the current boom in planning and construction. For the first time, solar energy is being taken seriously as a potentially…

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