Blog - Page 3733 of 5389

MondayNov 02, 2009 12:44 pm

Omnicity Corp. (OMCY.OB) Continues Rapid Expansion

Omnicity Corp., the Midwest’s biggest fixed Wireless Internet Service Provider (WISP), recently bolstered its position as a WISP consolidator by signing a Letter of Intent with the wireless division of Solutions Unlimited (SUI), of New Castle, Indiana. SUI (doing business as Midwest WISP) is seen as just one of several acquisitions Omnicity is expected to announce during Q4 of 2009 as it makes its way towards becoming the premier consolidator of the WISP industry. Omnicity CEO, Greg Jarman, commented on the value of the move. “We are pleased to have worked out a great deal for both Midwest WISP and…

MondayNov 02, 2009 12:41 pm

Looking Forward can be Profitable

As the market has found a move in recent months many have speculated that easy opportunities for profit are quickly drying up. In a general sense, this may be true. There are, however, many opportunities available if the right perspective is used. Resource options, such as QualityStocks, can help in this regard as they use the old baseball adage "hit 'em where they ain't." The easy profits coming off the recent decline may be gone but there are sectors that are still in the doldrums and will, eventually, return to profitability. Energy and health are perhaps the best opportunities, with…

MondayNov 02, 2009 12:35 pm

Construction Spending Rises .08 Percent during September

Report better-than-expected with largest housing construction increase in 6 years The Commerce Department reported that total construction spending was up 0.8 percent in September, surprising the street since analysts had forecasted a 0.3 percent drop. August numbers were revised down to show a 0.1 percent drop rather the 0.8 percent gain first reported. The increase was driven by the largest jump in housing construction in more than six years. As the economy struggles to emerge from the worst recession since the 1930s, many are hoping that housing has bottomed. The 3.9% increase in spending and residential construction is the largest…

MondayNov 02, 2009 10:57 am

AMCON Distribution Co. (DIT) Acquires New Stores in Arkansas’ Northwest

AMCON Distributing Company and its wholly-owned subsidiaries moved to consolidate in the Northwest Arkansas wholesale distribution market by the acquisition of Discount Distributors from Harps Food Stores Inc. AMCON CEO Christopher H. Atayan explained that the good infrastructure Discount Distributors (DD) has created would be a welcome addition to AMCON’s bottom line. Atayan stressed that the “excellent long-term relationships” developed by DD management would fit nicely with AMCON’s “service oriented culture.” Sales on the assets for 2008 were approximately $59.8 million: Atayan beamed over this synergistic relationships’ inevitable success, saying “Our reliable service and expanded product offerings enhance the range…

MondayNov 02, 2009 10:55 am

AMG Oil Ltd. (AMGO.OB) Awarded Additional Oil License Offshore Israel

AMG Oil Ltd., through its wholly-owned subsidiary Adira Energy Corporation, explores for oil and gas in Israel. The company currently holds three petroleum exploration licenses covering an aggregate total of approximately 160,550 acres – the Eitan license area, which is located in the Hula Valley, and the Gabriella license, located offshore Israel, along with the newly-acquired Yitzhak license. The company continues to plan for the start of its exploration and drilling program in the Hula Valley in northern Israel. AMG has completed purchase of the drill rig and associated equipment and they are in the process of moving the rig…

MondayNov 02, 2009 10:20 am

American Apparel, Inc. (APP) Announces Grand Opening of New Store in Oak Brook, IL

American Apparel, a vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel based in downtown Los Angeles, California, recently announced that the company has opened a new 2,200-square foot store in Oakbrook Center, one of the largest outdoor malls in the country. With a large storefront and prime center court location in the mall, American Apparel’s window displays stretch nearly 60 feet and are filled with the company’s signature line of sweatshop-free, domestically produced apparel. Approximately 15 additional staff members will be hired for this store, bringing the company's total staff in the Chicago area to more than…

MondayNov 02, 2009 10:18 am

Intelligroup, Inc. (ITIG.OB) Reports Successful Financial Results in Phone Conference

One company that has continued to make strives and overcome the once disastrous market place is Intelligroup. The Princeton, New Jersey Company has displayed a global presence that has impressed their customers and started to catch the attention of investors on Wall Street. Intelligroup is an ERP (Enterprise Resource Planning)-focused enterprise applications systems integrator that provides consulting and application management to other IT services for global corporation. Intelligroup took a major step towards enhancing their future with the announcement that it will release its third quarter financial results and host a conference call this morning at 10:00am Eastern Standard Time.…

MondayNov 02, 2009 10:13 am

Delta Oil and Gas, Inc. (DLTA.OB) Successfully Completes Third Well in Canada

One company that has been on the rise of late is Delta Oil and Gas. Focused on developing North American oil and natural gas reserves, the primary purpose of late has been on the exploration of its land portfolio which is comprised of working interests in acreage in California, Canada and Oklahoma, giving the young company a global presence that is starting to take hold and grab the attention of investors across the world. Recently, Delta Oil and Gas took a major step towards enhancing their position in the marketplace with the announcement that the third horizontal development well at…

MondayNov 02, 2009 9:19 am

U.S. Patent for Micro Fuel Cell Technology Exclusively Licensed to VIASPACE, Inc. (VSPC.OB) Subsidiary

VIASPACE Inc., an alternative energy company providing products and technology for renewable, clean energy, announced today that new technology enabling fuel cells for micro applications has been patented under U.S. Patent Number 7,585,577 "Monopolar Fuel Cell Stack Coupled Together Without Use of Top or Bottom Cover Plates or Tie Rods." The patent, issued to Caltech, was exclusively licensed to VIASPACE subsidiary Direct Methanol Fuel Cell Corporation (DMFCC). The new patent application is related to monopolar fuel cell stacks. Traditionally, direct fuel cells stacked unit cells vertically like slices of bread in a loaf. Monopolar stacks use the same unit cells,…

MondayNov 02, 2009 9:07 am

Muscle Flex, Inc. (MFLI.PK) Announces Prerelease of Impending Release of The Beagle StepFit Two-Minute Commercial and One-Page Landing Web-Page

Muscle Flex Inc. announced this morning that it will be releasing the final edited 2-minute commercial and one-page landing web-page for the Muscle Flex Beagle StepFit(TM) Pedometer on Wednesday, November 4, 2009 at 8:00 AM Eastern. The company’s strategy in pre-releasing the Beagle (www.BeagleStepFit.com) television commercial and landing page is for the development of advantageous marketing and distribution relationships with global partners. Muscle Flex has carefully considered the script, content and production quality of each commercial and is focused on developing 3 distinct brands within each one: 1) The Muscle Flex corporate brand, 2) The host, Danny Alex, 3) The…

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