Blog - Page 3836 of 5549

TuesdayJan 05, 2010 10:27 am

EGPI Firecreek, Inc. (EFIR.OB) Completes Three Oil and Gas Well Acquisitions

Yesterday, EGPI Firecreek, Inc. happily announced that it completed the acquisition of a three-well turn-key work program with Whitt Oil and Gas, Inc. The acquisition calls for a 50% working interest and participation in the rehabilitation of three existing wells on a turnkey basis, with first rights for future drilling of up to four Barnett Shale wells on the lease acreage for EGPI. As is, the project consists of three proved existing wells located in California and Texas, additional associated lease acreage, and equipment. The company reported that Whitt will act as operator for EGPI’s interests and will commence with…

TuesdayJan 05, 2010 10:13 am

EMAK Worldwide, Inc. (EMAK.OB) Releases Optimistic CEO Letter to Stockholders

Today before the opening bell, Chief Executive Officer Jim Holbrook issued the following letter to EMAK’s stockholders and those interested in the company. Dear Fellow EMAK Stockholders, The purpose of this letter is to provide you with an update on EMAK Worldwide’s business performance and my vision for the future. EMAK has transformed into a differentiated and nimble network of marketing agencies, offering a better alternative to the big ad agency holding companies and a more reliable marketing partner than small mom and pop agencies. Where We Are: The management team has worked hard to rationalize, upgrade, build, integrate and…

TuesdayJan 05, 2010 9:18 am

BWI Holdings, Inc. (BWIH.PK) Issues Corporate Update to Investors

BWI Holdings, Inc., operating as Budget Waste, Inc., a leading provider of waste and recycling services to industrial, residential, and commercial clients, was extremely pleased to announce the following information this morning. On Wednesday, December 23rd, the Court of Queen's Bench of Alberta issued an Order approving the mail out of its Plan of Arrangement to creditors affected by the Companies' Creditors Arrangement Act (Canada) ("CCAA") filing. The Plan contemplates payment of all of the post CCAA lease obligations in full, payment of the Canada Revenue Agency (CRA) obligations in full, payment of all post CCAA unsecured creditors in full,…

MondayJan 04, 2010 4:25 pm

JayHawk Energy, Inc. (JYHW.OB) Up Dramatically to 52-Week High after QualityStocks Coverage

JayHawk Energy Inc. shares closed today’s trading at 1.05, up $0.17 a share or nearly 20%, on solid volume of over 1.5 million shares. Earlier in the day, the stock touched a new 52-week high at a price of $1.07 a share. JayHawk Energy initially received coverage in QualityStocks FREE Daily Newsletter on October 22, 2009. At that time, the stock was trading for only $0.28 per share. Anyone who invested into the company at that time is now sitting on gains of more than 270 percent! JayHawk Energy is an oil and gas exploration, development and production company. The…

MondayJan 04, 2010 3:42 pm

January 4th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CUR, DKAM, HYTM, IWEB, PHC Markets finished the last week of 2009 moderately in negative territory, as it was a quiet week that saw the absence of many major market participants and almost no sizable moves to speak of until a sell off late in the day on Thursday led the major indices into negative territory to finish the year. All told, the Dow surrendered 92 points to close at 10428, down 0.9% on the week, but finishing the year up 18.8%. The Nasdaq lost 0.7%, continuing its outperformance relative to the…

MondayJan 04, 2010 1:46 pm

FormCap Corp. (FRMC.PK) Drilling the Weber City Prospect in the Permian Basin

FormCap Corp. is an emerging domestic exploration and development company in the Oil and gas sector. To date, the company has assembled 4,800 acres of oil and gas mineral leases – the Weber City Prospect – located in Curry County in eastern New Mexico. Geologically, FormCap's Weber City Prospect is on the northern flank of the prolific Permian Basin and focuses on the Cisco Formation of Pennsylvanian Age. In order to better understand the prospect from a geological perspective, here is a brief description of the Pennsylvanian Reef reservoirs formed: The Cisco Formation is primarily marine limestone and shales, with…

MondayJan 04, 2010 1:44 pm

China HGS Real Estate Inc. (CAHS.OB) Sets Record Results for Fiscal Year 2009

China HGS Real Estate Inc., a real estate developer based in Hanzhong, China that specializes in second- and third-tier cities, where rising GDP and disposable income drives demand for the Company’s apartment building properties, today announced record results for FY 09 (ending September 30, 2009). With a national grade II qualification for real estate and a ranking as the No.1 developer of properties (in terms of market share) for 2007 and 2008 in Hanzhong, Shaanxi Province, via its wholly owned subsidiary Shaanxi Guangsha Investment and Development Group Co., Ltd., CAHS is well-positioned to extend its success story into 2010 and…

MondayJan 04, 2010 11:58 am

Masterbeat Corp. (GRNN.OB) Announces Allen & Caron will Conduct Corporate Communications and Investor Relations

One company that is starting to make its mark within the music industry and catch the eyes of investors is Masterbeat Corporation. Located in New York, Masterbeat owns and operates the famed www.masterbeat.com website which makes remixes, electronica and the making of dance music readily available to consumers on the internet. Today, Masterbeat took a major step towards enhancing its future when they selected Allen & Caron for their corporate communications and investor relations. The addition of Allen & Caron is a major coup for Masterbeat. Allen & Caron has grown into a giant in the investor and marketing relations…

MondayJan 04, 2010 11:54 am

Thoughts for the New Year – Find Dividend Plays and Sectors with Potential

The past year of 2009 has been a rather intriguing year within the investment world. Most investors began with a solid loss to their portfolios and then worked back to near even. Others may have not been so fortunate. So, where does one look as a new year of possibility begins? This is an interesting question to be sure, but one that can find ideas depending on a particular investor’s needs and wants. Starting long-term, always remember life insurance and its tax ramifications. Also consider the Roth IRA. From a stock perspective, there are many ways to think. Most in…

MondayJan 04, 2010 11:48 am

Weis Markets (WMK) Lowers Prices on Thousands of Grocery Items

Weis Markets lowered prices on 2,600 products that it carries in its stores, and froze prices for an additional 624 items. The two measures will run for 90 days, until April 1, 2010, and are spread across the produce, frozen, dairy, meat, deli and bakery sections. The company took the action to help its customers during the recession and financial crisis. David J. Hepfinger, the CEO of Weis Markets, said, “It is clear our customers remain in a cautious mood due to the weak economy. Over the past year, our Price Freeze program has generated $16 million in savings for…

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