Blog - Page 3866 of 5652

ThursdayMar 18, 2010 11:12 am

PSB Holdings Inc. (PSBH) Quietly Goes About Generating Respectable Earnings

As the larger banks go about digging themselves out of the mess they have made, and the US government haggles over this and that, there are several smaller banks that are quietly going about making a nice little return without making any noise. They do not make huge profits but they are making profit. Perhaps one of the ways they go about making these profits is by staying under the radar and tending to their own knitting-as it were. Investors that can sniff out these hidden gems may have nice small little profit centres that they can let sit and…

ThursdayMar 18, 2010 11:03 am

Artfest International, Inc. (ARTS.OB) to Resell the Work of Legendary Hollywood Photographer on Artfest Direct

Artfest International Inc. announced today that the company has signed a distribution agreement with Emaging International which will enable Artfest's wholly-owned subsidiary, Artfest Direct to resell over 1,200 images from some of the world's most accomplished photographers. The 1,200 images made available through the agreement with Emaging is a key component of the company's overall business strategy in targeting the $835 million virtual sports memorabilia and social gaming industry. Artfest Direct expects to generate $3 million per year in sales from the collection, with images from legendary photographers such as Frank Worth, through its new e-commerce website, www.artfestdirect.com. Artfest Direct…

ThursdayMar 18, 2010 11:01 am

API Technologies Corp. (ATNY.OB) Announces Two Executive Appointments

API Technologies Corp. is a prime contractor in sophisticated electronics, highly engineered systems, secure communications and electronic component and subsystems to the global defense and aerospace industry. The company's customers include the governments of the US, the UK, Canada, the EU and NATO as well as many leading Fortune 500 companies. The company announced today that Brian Throneberry has joined API Technologies as vice-president of sales and marketing. With over 25 years of executive-level leadership in sales, project management and global operations, he will lead sales and business development for API's growing 'defense and systems' business units. Prior to joining…

ThursdayMar 18, 2010 10:53 am

Cascade Technologies (CSDT.OB) Acquires SMI for Optical Detection of Cancer

Cascade Technologies Corp. announced today that it has completed the acquisition of privately owned Spectral Molecular Imaging Inc. (SMI), a private development-stage medical imaging device company. Cascade issued approximately 31,744,000 shares of common stock for the merger, representing about 54% of Cascade’s common stock after giving effect to post-merger transaction adjustments. Post-merger transaction adjustments include share cancellations by a principal stockholder and shares issuable on conversion of up to $1,150,000 of convertible notes placed on behalf of Cascade with a limited number of accredited investors concurrently with the merger closing. SMI now becomes a wholly owned subsidiary of Cascade, allowing…

ThursdayMar 18, 2010 9:56 am

Smartlinx Inc. (SMLK.OB) Introduces SmartVM to the Market

Smartlinx, Inc. announced earlier this week the launch of “SmartVM”. SmartVM is an e-governance application to be used with biometric systems (automated recognition systems based on physical or behavioral characteristics) and will incorporate Fujitsu’s cutting-edge Palm Vein Authentication Technology. The SmartVM application will be used in a device called “Palm Secure” in a pilot voting program for the Forest Department of the Government of Andhra Pradesh, India. The Palm Secure is a scanning device that reads the unique vein pattern of a person’s palm as a mode of identity verification. The scanner takes advantage of the rhemoglobin’s characteristic to absorb…

ThursdayMar 18, 2010 9:51 am

Signature Exploration and Production Corp. (SXLP.OB) Provides Investors with Progress Update

Signature Exploration and Production Corp. issued an update yesterday on its 25% working interest in 10 of the set wells in the “Illinois Reef Project”. This project consists of wells located in Fayette and Macon counties in Illinois. The update states that the operator anticipates to be drilling in the third quarter of 2010. Steven Weldon, Chairman and CEO of Signature Exploration and Production Corporation was quoted as saying ,"We are pleased to report our operator is moving forward with the leasing process to secure our entry into a well-known petroleum prospect in the Illinois Basin.” The wells in the…

ThursdayMar 18, 2010 9:47 am

Universal Detection Technology (UNDT.OB) Sophisticated Products Provide Better Protection for First Responders and the Citizens they Rescue

Universal Detection Technology, developers of air monitoring devices, bioterrorism detection devices and other early-warning monitoring systems, recently issued a press release addressing the growing concern to immunize first responders in the case of anthrax exposure. This question was brought forth at the annual EMS Today Conference in Baltimore. The conference was held over March 1 through March 5. Jacques Tizabi, CEO of Universal Detection Technology was quoted as saying, "Immunizing first responders goes hand-in-hand with giving them the necessary tools and training to rapidly detect on-site the presence of anthrax or other deadly bioagents and respond appropriately”. Universal Detection Technologies…

ThursdayMar 18, 2010 9:38 am

Pop-N-Go (POPN.PK) Chart Poised as Company Signs Distribution Agreement

Pop N Go, Inc. is involved in the ever-growing $60 billion vending and snack food service market. Pop N Go’s flagship product is an award-winning, hot-air popcorn machine that produces single size servings of fresh, hot popcorn. The machine only takes up a 24” x 24” area and has clear sides in order to allow the customer to watch the popcorn being made right in front of them. The machine can be used in this automated format or can be used manually in the traditional style of popcorn makers. In a press release issued on March 16, 2010, Pop N…

ThursdayMar 18, 2010 9:14 am

Cardima, Inc. (CADM.OB) Applies for NASDAQ Listing

Today, Cardima took a major step towards prominence by applying for listing on the NASDAQ Stock Market. The company held a special meeting yesterday where shareholders approved a reverse split of its common stock at a ratio of not less than five-for-one and not greater than twelve-for-one for the purpose of meeting minimum stock price requirements. The exact ratio will be set by the Delaware Secretary of State no later June 30, 2010 at which point Cardima’s stock may have a new home which could help the young company evolve into a greater power. Leading the way at Cardima is…

ThursdayMar 18, 2010 8:59 am

China New Energy Group Company (CNER.OB) Announces Expansion Strategy with the Acquisition of Beijing Century Dadi Gas Co.

China New Energy Group Company, a vertically integrated natural gas company engaged in the development of natural gas distribution networks, and the distribution of natural gas to residential, industrial and commercial users in China, recently announced that the company has entered into an agreement to acquire a 70 percent equity interest in Beijing Century Dadi Gas Co., Ltd. and its affiliated companies (collectively, "Dadi Gas"). Dadi Gas supplies natural gas and develops gas pipeline networks in Northern China. The total purchase price for this equity transfer agreement will be determined based on a multiple of Dadi Gas's net profits for…

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