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TuesdaySep 01, 2009 10:23 am

Infinite Group, Inc. (IMCI.OB) Launches Cloud-Cast Division

Infinite Group, Inc. today announced the launch of Cloud-Cast, a new division focused on the growing market for cloud computing and virtualization services. To bring this new technology to the forefront, Infinite named Jason Langone to the position of division President. Langone is a noted name in the industry and gives this already impressive project a great deal of credibility. With the mission of targeting opportunities for cloud computing solutions in government and commercial markets, the Cloud-Cast division is unique in that it will offer a full range of cloud computing products and services with the initial offering to be…

TuesdaySep 01, 2009 10:18 am

Consorteum Holdings, Inc. (CSRH.OB) Leads Fast Growing Industry

Consorteum Holdings Inc. is considered a non-traditional CFSC (Consumer Financial Services Company). A CFSC is any financial service provider delivering fee-based services, such as check cashing, money transmission, deferred deposit, and bill payment. Traditionally, most such companies are lender based. But many consumers are now looking for convenience-based services beyond the offerings of the lender-based CFSC. This has given rise to one of today’s fastest growing industries, the non-traditional CFSC, targeting consumers who need additional services and convenience. These consumers seek things such as easy access to money through multiple access points. The result has been products such as PayPal,…

TuesdaySep 01, 2009 8:57 am

Axial Vector Energy Corp. (AXVC.PK) Joint Venture in Negotiations to License Its Innovative Technology to India

Axial Vector Energy Corp. announced this morning that its JV Company PETRO-AVEC is currently negotiating licenses that would secure rights for its oil refining technology across the entire country of India. According to the press release, government agencies for India and large multi-billion dollar privately owned refineries are all competing for the issuance of this important license. In June of this year, PETRO-AVEC officials originally presented its technical due diligence to interested parties in India. They have now been invited back to India by a number of interested parties to finalize license negotiations. The viability of removing sulphur from oil…

TuesdaySep 01, 2009 8:34 am

General Environmental Management, Inc. (GEVI.OB) Announces QualityStocks Coverage

General Environmental Management, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. General Environmental Management, Inc. is focused on providing field services, remediation, transportation, EHS compliance services, on-site technical services and off-site treatment. The company enables enterprises in the Western United States to meet regulatory requirements for the disposal of hazardous and non-hazardous wastes. General Environmental Management…

MondayAug 31, 2009 8:31 pm

AuthenTec (AUTH) Announces New VP and GM for China-Based Operations; Expected to Enhance Expansion Initiatives

AuthenTec is a global provider of touch-powered technology applicable to PCs, cell phones and other devices, creating a “smart fingerprint” solution for Web sites, online social networks and digital identity. The company announced the expansion of its Shanghai operations, naming Dr. Lunji Qui as vice president and general manager of AuthenTec China, which is the base of operations for the company’s software, sales and technical support. Dr. Qui’s various notable positions with Atrua Technologies, Broadcom China, and Motorola in Singapore position him to lead all aspects of AuthenTec China, including business development, software expansion, customer support, and marketing and sales.…

MondayAug 31, 2009 8:28 pm

China XD Plastics Company Ltd. (CXDC.OB) to Add High-End Modified Nylon Products

China XD Plastics Company Ltd., the largest developer, manufacturer and distributor of modified plastics, primarily for automotive applications in China, recently announced that the company’s wholly owned subsidiary, Harbin Xinda Macromolecule Material Company Limited, has entered into a non-exclusive agreement with Changchun Wanbofeng Plastics Company Limited (“Wanbofeng”) to distribute its newly developed carbon fiber reinforced nylon composite product. Carbon fiber reinforced nylon composite products are mainly used in auto parts and components of mid-class and luxury vehicles. Compared to traditional modified nylon, the company’s new product provides higher performance and is more than 30 percent more cost effective for consumers…

MondayAug 31, 2009 8:25 pm

Jennifer Convertibles, Inc. (JEN) Opens Two New Furniture Stores

Jennifer Convertibles, Inc. (JEN) announced that it was opening two more Ashley Furniture HomeStores, bringing the total to four. The two new stores will be located in Farmingdale, N.Y. and Elmhurst, N.Y., and are operated under a license agreement with the parent company. Although the number of Ashley Stores is relatively small, the store chain is an important part of the overall company, and sales were 15% of the company’s total in the most recent quarter. Jennifer Convertibles reported a loss of $1,532,000, or ($0.22) per share, in its third fiscal quarter ending 5/30/09. The company also saw revenues fall…

MondayAug 31, 2009 3:56 pm

Hy’bred International, Inc. (HYII.PK) is “One to Watch”

Hy'bred International, Inc. is a manufacturer of a therapeutic horseshoe. The Company focuses on creating and developing the Hybred Horseshoe, an aluminum horseshoe with a bonded urethane composition. Hybred International, Inc. has their corporate headquarters in Hackensack, New Jersey. The Hy'bred horseshoe is an advanced Aluminum/Urethane horseshoe. It is light, durable, long lasting, and it reduces shock and concussion. In addition, the product improves traction, reduces injury, improves performance, and is suitable for partially lame or injured horses. The horseshoe is also easy to shape. Hy'bred International, Inc. announced last December that mass production of the HYBRED horseshoe was underway.…

MondayAug 31, 2009 3:26 pm

August 31st CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CVM, ICLK, IMUC, ITUI, IWEB, MBCI, NXOI, OMCM, ONEZ, PHC, SRCO, SVUL, XCR Markets closed moderately higher yet again this week, as mostly better than expected economic data helped stave off profit taking to leave most indices in positive territory on the week. All told, the Dow ended the week up 0.4%, closing at 9544, up 38 points, bringing its YTD gains to 8.7%. The Nasdaq also gained 0.4% on the week to close at 2028, bringing its yearly gains to 28.6%, while the S&P 500 gained 0.3% and the Russell 2000…

MondayAug 31, 2009 1:58 pm

Homeland Security Capital Corp. (HOMS.OB) Receives $14 Million Contract

Premier international provider of specialized technology-based disaster relief, Homeland Security Capital Corp. announced today that its environmental remediation subsidiary, Safety and Ecology Corporation (SEC), received a $14 million contract for health physics and on-site laboratory support services. This contract was awarded to SEC for a one year base period through September 30, 2010, and three option years taking the contract end date through September 2013. SEC is a rapidly growing U.S.-based environmental services company that provides services both domestically and overseas in Europe and the Caribbean. The company specializes in the removal and remediation of hazardous nuclear materials for the…

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