Blog - Page 3851 of 5383

WednesdayJul 01, 2009 8:57 am

Savoy Energy Corp. (SNVP.OB) Brings New Life to Abandoned Wells

Savoy Energy Corp., an independent oil and gas company, is building a diversified portfolio of oil and gas assets with the goal of turning around previously abandoned sites. The step-by-step process involves the aggressive application of modern well technology and stringent management controls, but only on sites that have passed a meticulous evaluation process. This approach significantly reduces the cost of initial drilling, while removing the risks associated with traditional exploration projects, thus minimizing the high overhead normally associated with oil and gas operations. The result is an increased asset base and cash flow. The company has already taken the…

WednesdayJul 01, 2009 8:52 am

MyECheck Signs Simplifile to Accept Check Payments for E-Recording Services Through the MyECheck Payment System

MyECheck, Inc. (OTCBB: MYEC), a leading provider of electronic check payment services, has signed an agreement with Simplifile, the leading provider of electronic recording services. The agreement will facilitate the integration of the MyECheck Remotely Created Check solution into the Simplifile e-recording service which will allow Simplifile customers to make payments for recording and submission fees using an online check imaging process. It is anticipated that the integration between Simplifile and MyECheck will be completed by late summer 2009. Once complete, Simplifile customers will have the option to make recording and submission fee payments with virtually any checking account in…

WednesdayJul 01, 2009 8:45 am

Epazz Inc. (EPAZ.OB) Signs Letter of Intent for Acquisition of Midwest Software Company, Supporting Innovative Product Offering

Epazz Inc. provides customized Web applications for corporations, educational institutions and various entities in the public sector. The company’s two wholly owned subsidiaries are DeskFlex Inc. and Professional Resources Management. The company today announced it has signed a letter of intent for the acquisition of an enterprise resource planning software company (name not disclosed in press release) based in the Midwest. According to the press release, the $450,000 deal will be finalized in the third quarter of 2009. The company expects the acquisition to benefit current and future customers as it continues to develop additional software tools. “This acquisition provides…

WednesdayJul 01, 2009 8:31 am

Strata Oil and Gas Inc. (SOIGF.OB) Begins Readying for Production of Peace River Property, Expects 56,000 bpd Peak

Getting your ducks in a row before you make a move is the best way to start a new project. Understanding possible conditions , whether likeable or not, is the best rout toward to profit. This obvious fact is also an indicator that a company is paying attention and ready to capitalize on an opportunity. When an investor can recognize a company following this rout, they may have well found a solid profit opportunity. Strata Oil and Gas Inc., a junior oil and gas development company, works to develop all mineral opportunities but primarily carbon-hosted Bitumen oil deposits. Its current…

WednesdayJul 01, 2009 7:22 am

China Nutrifruit Group Ltd. (CNGL.OB) is Confident of Global Growth

For something as simple as purchasing premium fruits in your grocery store, so much goes on behind the scenes that most consumers aren’t aware of. A complex network of research and development, marketing teams, processing and distribution usually are at the top of the list. Before these factors are set in motion though, it travels deeper still. In order for a company to grow to NYSE AMEX status and be a major contributor/competitor in the market, the company must have a general Code of Ethics, a Committee Board, Corporate Governance, among other requirements. Once these are established, only then a…

WednesdayJul 01, 2009 7:15 am

Suspect Detection Systems Ltd. (SDSS.OB) Develops a “Mind-Reader”

Suspect Detection Systems Ltd. specializes in developing advanced, innovative technologies for the homeland security, military intelligence and law enforcement markets. The technologies are based on extensive counter-terrorism and intelligence know-how accumulated in Israel and elsewhere. Suspect Detection's initial product is called COGNITO, which is designed to identify malicious intent on the part of suspects in various settings and scenarios. The company's system has some similarities to a polygraph, but it is different. A “suspect” sits inside a kiosk and places their right hand on a sensor that measures blood pressure, pulse and sweat while answering questions which appear on a…

WednesdayJul 01, 2009 6:59 am

China Nuvo Solar Energy Inc. (CNUV.OB) Obtains More Patents through Recent Purchase

What better place to develop new solar technology than sunny West Palm Beach, Florida. China Nuvo Solar Energy Inc. has been developing new, patentable inventions to meet the growing needs of renewable energy. Solar energy in particular takes the front seat for China Nuvo. For most, when we see those shiny squares on a roof or positioned in fields or yards, our first reaction is, “Oh look, solar panels.” Those “panels” are actually intricate layouts of photovoltaic solar cells. The efficiency and productivity of these units have been perfected numerous times over the years. It seems though China Nuvo has…

WednesdayJul 01, 2009 6:33 am

Lufkin Industries, Inc. (LUFK) Acquires Rotating Machinery Technology, Inc.

Lufkin Industries, Inc. announced this morning that it has completed the acquisition of Rotating Machinery Technology, Inc. (RMT). RMT is recognized as a leader in the turbo-machinery industry, specializing in the analysis, design and manufacture of precision, custom-engineered tilting-pad bearings and related components for high-speed turbo equipment. Additionally, the company services, repairs and upgrades turbo-expander process units for air and gas separation. "We believe the acquisition of RMT will be a strong strategic fit with our Power Transmission division, and we look forward to working with their highly respected and experienced management team. We are pleased that Dr. John Nicholas,…

WednesdayJul 01, 2009 6:26 am

i2Telecom International, Inc.’s (ITUI.OB) MyGlobalTalk Makes International Calls on the iPhone Affordable

i2Telecom International, Inc., a leading developer of award-winning patented and innovative high-quality mobile applications and services, announced that its international calling solution MyGlobalTalk™ is now available on the iTunes online store as a free iPhone application. By routing calls through the MyGlobalTalk™ network, the iPhone application allows users to make international phone calls for less. Working wherever mobile service is available, users are able to access the high-quality service without a Wi-Fi connection. Furthermore there are no contracts, connection fees or call minimums. “We believe the application is an easy-to-use solution for iPhone users who make international calls from the…

WednesdayJul 01, 2009 6:12 am

Gold Resource Corp. (GORO.OB) Announces $20 Million Private Placement

Gold Resource Corp. was pleased to announce today that Hochschild Mining plc has agreed to a $20 million private placement, purchasing 5 million restricted shares of GRC's common stock at $4.00 per share. According to the press release, the capital will primarily be used at the company’s Aguila Project in the state of Oaxaca, Mexico. Hochschild's holdings in GRC now totals to approximately 24%. Gold Resource Corporation's president, William W. Reid stated, "We are pleased to have the continued support and financial assistance of Hochschild Mining during these final phases of project construction. Hochschild has and is assisting us in…

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