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MondayAug 24, 2009 8:22 am

General Environmental Management, Inc. (GEVI.OB) Strategically Sells GEM MTS; Strengthens Balance Sheet

General Environmental Management, Inc., a leading environmental and waste remediation company, announced this morning that it has sold the stock of its GEM Mobile Treatment Services, Inc. (GEM MTS) unit to MTS Acquisition Company, Inc. According to the press release, GEM MTS will function independently with a seamless transitory period. In exchange, GEM received promissory notes in the aggregate amount of $5.6 million, the assumption by GEM MTS of approximately $1.0 million of accounts payable as well as future royalties. In an effort to reduce liabilities and thus strengthen the balance sheet, the company has immediately assigned the consideration to…

MondayAug 24, 2009 8:15 am

Data Call Technologies, Inc. (DCLT.OB) Now Offering Complete Weather Coverage to 215 Countries

Data Call Technologies, Inc. announced today that it has finalized agreements and development initiatives to provide global meteorological conditions, Doppler radar images, and weather forecasts. According to the press release, the company has already begun marketing these products to entities outside the U.S. Jim Tevis, Data Call’s Chief Technology Officer, commented, “Many of our U.S. clients are beginning to deploy digital signage networks in markets outside the United States. As such, requests for global additions to the Direct Lynk product line have become more and more frequent. With weather content topping the request list, we completed the development of that…

MondayAug 24, 2009 8:05 am

Profit From Dwindling Oil Supplies

The world may be headed for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production. The scenario may come true according to Dr. Fatih Birol, the chief energy economist at the respected International Energy Agency (IEA). The IEA is charged with the task of assessing future global energy supplies by countries of the OECD – Organization for Economic Cooperation and Development. Recently, the IEA conducted the first-ever assessment of the world's major 800 oil fields, which cover three quarters of global reserves. The…

MondayAug 24, 2009 7:53 am

S2C Global Systems, Inc. (STWG.OB) Enters into Discussions with Government Officials in Mexico City and Southern California to Supplement Fresh Water Supply

S2C Global Systems, Inc., an exporter of natural bulk water and supplier of water distribution technologies, recently announced that the company has entered into discussions with government officials in Mexico City and the Municipal District of Southern California to supplement their fresh water supply. The current water shortages in Los Angeles and Mexico City threaten approximately 40 million people. S2C’s primary focus is Alaska Resource Management, LLC, a partnership with True Alaska Bottling, to export of billions of gallons of water globally from the water sheds of Baranof Island, Alaska. S2C’s chief executive officer, Alejandro Bautista, has been invited along…

MondayAug 24, 2009 7:48 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Continues To Grow Its Intellectual Property Portfolio

Kraig Biocraft Laboratories, Inc., the Michigan-based company using genetic engineering to allow silkworms to produce spider silk, is making use of some of the most advanced insect-related genetic engineering techniques known. Scientists have already produced the first transgenic silkworms, and other scientists have discovered the sequence of genes used by spiders to produce silk. The brilliance of Kraig’s approach is the bringing together of researchers from both of these fields in a collaborative effort to produce commercially viable quantities of spider silk. Kraig Biocraft has acquired the exclusive rights in this field to the genetic sequences patented by the University…

MondayAug 24, 2009 7:06 am

August 24th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CUR, CVM, DKAM, ICLK, IMUC, IWEB, OMCM, ONEZ, SVUL, TAGS Markets managed to extend their run this week, hitting fresh highs for ‘09 despite coming under pressure from negative economic reports and a significant two week correction in Chinese equity markets. All told, the Dow ended up 2.0%, gaining 184 points to close at 9505, extending its yearly gains to 8.3%. The Nasdaq finished the week up 1.8%, closing back above 2000 at 2020, up 28.1% on the year, while the S&P 500 and Russell 2000 managed to post gains of 2.2%…

FridayAug 21, 2009 3:36 pm

HopFed Bancorp, Inc. (HFBC) Reports Second Quarter Income

HopFed Bancorp, Inc. reported net income of $854,000, or $0.24 per share for its second fiscal quarter ending 6/30/09. Both these measures were down year over year from the same quarter of 2008. The company ended the quarter with a tangible book value of $15.30 per share, compared to its latest closing price of $10.22 per share. The bank has fairly conservative underwriting standards and reported non-performing loans as a percent of total loans of 1.26%. HopFed Bancorp, Inc. also reported solid capital ratios, which should see it through the balance of the economic contraction. The bank has a Tier…

FridayAug 21, 2009 1:51 pm

Shipping Industry Stocks

Perhaps there is no industry more sensitive to global economic activity than the international shipping industry. The financial crisis became a category 5 hurricane last September and blew the entire global shipping industry off course. All sectors of the shipping industry were affected – from oil tankers to dry bulk shippers to container ships. The sudden drying-up of credit, including trade finance, and collapsing trade volumes have changed the industry's concerns completely. Only a year or so ago the concern in the shipping industry was whether the infrastructure of many countries, especially port facilities, was expanding rapidly enough to handle…

FridayAug 21, 2009 1:43 pm

Heartland Inc. (HTLJ.OB) is “One to Watch”

Trading on the OTCBB, Heartland Inc. is a diversified company with businesses in steel warehousing and fabrication as well as petroleum retail and wholesale operations. They are a holding company with three subsidiaries. Heartland Inc.'s headquarters are in Cumberland Gap, Tennessee, directly on the border of Tennessee, Kentucky, and Virginia. The Company's Mound Technologies is a full service structural and miscellaneous steel fabricator located in Springboro, Ohio. Their products include stairs and railings of both industrial and architectural quality. Mound also provides steel bar joist, metal deck, and erection services to complete the metals contract requirements. Their Lee Oil Company…

FridayAug 21, 2009 1:39 pm

Bio Solutions Manufacturing, Inc. (BSOM.OB) is “One to Watch”

Headquartered in Las Vegas, Nevada, Bio Solutions Manufacturing Inc. provides biodiesel fuel and environmental clean-up services. They also operate via a network of franchises to provide bioremediation services to municipalities and food processing facilities in the United States. The company's commitment is to their biodiesel technology becoming part of a multiple-pronged solution to the world's economic dependency on fossil fuels. The Company has specialized in providing grease cleaning solutions to the restaurant and catering industry in the United States. They were involved in the development, delivery, and sales of organic waste remediation products used by fast food restaurants, colleges, hotels,…

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