WednesdayNov 18, 2009 1:04 pm

China Digital Animation Development, Inc. (CHDA.OB) Enters Stock Purchase Agreement

Today, China Digital Animation Development, Inc. announced that it has entered into a stock purchase agreement with Chongqing Dinv Ares Filming Production Co., Ltd. (Dinv Ares), an award-winning film production company based in Chongqing, China. The acquisition will be an all-stock transaction in which China Digital Animation will issue one million shares of its common stock to Dinv Ares. In exchange, it will receive certain assets of the company. The acquisition of Dinv Ares provides China Digital Animation with a talented, creative team of production professionals, in addition to assets such as: post-editing facilities, professional video cameras, lighting, audio and…

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WednesdayNov 18, 2009 1:00 pm

Global Entertainment Corp. (GNTP.OB) Opens Two Event Centers in Texas and Missouri

Global Entertainment Corp. announced today the grand opening of its two new event centers in Allen, Texas and Independence, Missouri. Allen, Texas is proud of their beautiful new Allen Event Center (AEC). At the official ribbon cutting ceremony this past Nov. 4, 500 spectators packed the plaza entrance to hear Mayor Stephen Terrell welcome the happy citizens of Allen and people throughout Collin County. Terrell conveyed his and the community’s excitement, recounting the opening events, which included a winning hockey game and a Reba McEntire concert (both of which saw a packed house), and said this was all the result…

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WednesdayNov 18, 2009 1:00 pm

EGPI Firecreek, Inc. (EFIR.OB) Signs Letter of Intent to Acquire Georgia-based Electrical Company

Yesterday, EGPI Firecreek, Inc. announced that it has signed a letter of intent to acquire a privately owned electrical construction company based in Georgia. With the acquisition, EGPI anticipates a continued strengthening of its vertical structure within the DOT construction industry. To date, significant synergies exist within EGPI's portfolio of already acquired companies and potential candidates. To date, EGPI Firecreek has been successful in completing every Letter of Intent it has signed this year. With two already completed acquisitions and two LOI's currently in the due diligence process, EGPI has demonstrated a consistent ability to find, sort and analyze potential…

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WednesdayNov 18, 2009 12:47 pm

Kimber Resources Inc. (KBX) Updates Mineral Resource Estimates

Kimber Resources Inc. issued an update on the resource potential of its gold and silver mine at its 100% owned Monterde mine in the Sierra Madre region of Mexico. The company said that the base case total mineral resource estimate for the Carmen deposit was 700,000 ounces of gold and 37 million ounces of silver. "We are extremely pleased with this new mineral resource estimate for the Carmen Deposit, which is underpinned by a very detailed geological model and technical work program, and which defines a significant tonnage of high grade gold-silver mineral resources with excellent metallurgical recoveries," said Gordon…

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WednesdayNov 18, 2009 12:20 pm

Newport Digital Technologies, Inc. (NPDT.OB) Taking Advantage of Huge Growth in VoIP

Newport Digital Technologies Inc. has positioned itself to profit from a number of high-growth technologies, including RFID and Wi-Fi. But none has more immediate potential than Voice over Internet Protocol (VoIP), a set of technologies that allow people to use the Internet like a phone network. Besides greatly reducing basic voice communication costs, VoIP systems also make common features, such as call-forwarding, conference calling, and automatic redial, easier to implement and less expensive. In addition, it opens the door for more advanced features, such as the use of Secure Real-Time Transport Protocol, video calling, and even web browsing. There are…

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WednesdayNov 18, 2009 11:26 am

Stock Guru Featured Company: Precious Metals Exchange Corp. (PRMX.PK)

Precious Metals Exchange Corp. operates within the precious metals refining and recycling sector of the precious metals industry. The company’s core business is collecting unwanted and/or broken jewelry and other precious metal items, specifically targeting the U.S., Canada and Latin America markets. Utilizing direct marketing to identify potential customers, Precious Metals Exchange leverages a highly automated fulfillment process to ensure satisfaction through high payouts and quick service. The company recycles jewelry and other items for gold, platinum and silver content, avoiding the risks and environmental costs of mining. Record gold prices combined with the economic downturn, high unemployment, and global…

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WednesdayNov 18, 2009 11:18 am

Stock Guru Featured Company: Muscle Flex Inc. (MFLI.PK)

Muscle Flex Inc. is a leading edge fitness, health and lifestyle company focused on developing exciting brands and new products to market using direct response TV advertising and infomercials as well as cutting edge brand and image marketing. The company has designed all its products with the average person's lifestyle in mind. Muscle Flex’s VATA Brasil sports and active wear collection is an ultra comfortable active wear line that utilizes superior moisture control fabric. The VATA Brasil OneFit fabric is an amazing innovation in sporting wear apparel, offering the advantages of being lightweight, highly elastic, and having four times the…

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WednesdayNov 18, 2009 11:13 am

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB) Clarifies and Reaffirms Guidance for FY 2009

Worldwide Energy and Manufacturing USA, Inc.’s management today clarified and reaffirmed guidance for the 2009 fiscal year ending December 31, 2009. Jimmy Wang, chief executive officer of Worldwide Energy and Manufacturing USA, Inc., stated, "The Company reaffirms guidance previously provided in our November 5, 2009, third-quarter earnings conference call that we expect annual revenues of at least $60 million and an EBITDA of $2.8 million for fiscal year 2009." Wang added, "Our solar division expects to ship orders totaling at least 10 megawatts, representing approximately $20 million in revenues, in the fourth quarter of 2009. Additionally, our contract manufacturing division…

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WednesdayNov 18, 2009 9:56 am

Braintech, Inc. (BRHI.OB) Announces U.S. Navy’s Automated Weapons Assembly Project Contract from BAE Systems

Braintech, Inc., a provider of software products that offer robust, scalable and transferable Vision Guided Robotic (VGR) solutions used for industrial and government and defense service applications, recently announced that the company’s wholly owned subsidiary, Braintech Government & Defense, Inc., received a subcontract from BAE Systems on a U.S. government and defense contract. Braintech is currently developing automated assembly solutions based on its industry-leading VGR technology in Phase II of the Automated Weapons Assembly project for the Office of Naval Research. Adam Marsh, BAE Systems’ program manager, commented, “With its unique vision guidance software technology and dedicated technical team, Braintech…

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WednesdayNov 18, 2009 9:54 am

Arrayit Corp. (ARYC.OB) Technology Purchased by the Prestigious Johns Hopkins University

The Sunnyvale, California based Arrayit Corporation has quickly evolved into a leader in the genetic, research, and diagnostic communities through the development and manufacture of state-of-the-art life science technologies which combat diseases. Today, the young corporation made national news with the announcement that the prestigious Johns Hopkins University School of Medicine in Baltimore, Maryland purchased their technology to study rheumatoid arthritis. Johns Hopkins strongly endorsed the Arrayit Platform and the NanoPrint robot for their evolutionary technical capabilities. The historic University is also considering Arrayit’s consumable stream of substrates and reagents. Arrayit’s NanoPrint platforms have been installed at other major research…

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