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MondayMay 18, 2009 4:45 am

Axial Vector Energy Corp. (AXVC.PK) JV Partner Granted Patent in Russia, the Second Largest Crude Oil Producer

Axial Vector Energy Corporation announced this morning that its PETRO AVEC Joint Venture partner, Petrosonics LLC, was recently awarded a Russian patent that protects the process by which sulfur and nitrogen bearing compounds are removed from diesel oil, FCC cycle oil, FCC slurry oil, light gas oil, heavy gas oil and coker gas oil fractions, utilizing sonic energy and oxidation. According to the press release, the patent will remain in effect for two decades with the possibility of a five year extension. According to the U.S. Energy Information Administration, Russia has 41 oil refineries with a total crude oil processing…

MondayMay 18, 2009 4:36 am

VirtualHealth Technologies, Inc. (VHGI.OB) Unveils Webcast, Announces Partnership with NewMarket Technology

VirtualHealth Technologies, Inc. (OTCBB: VHGI) released an on-demand Webcast available at http://www.virtualhealthtechnologies.com/news.html. Highlights of the webcast include an overview of solutions for improved healthcare management, and the reduction of prescription fraud. The Webcast also details the company's healthcare security, authentication solutions, and electronic health records technology. VirtualHealth also announced a partnership with NewMarket Technology’s (PINKSHEETS: NMKT) Greenfield Program. The Greenfield Program improves a company’s return on investment (ROI) by accelerating new technologies into new markets. On May 7th, the Company was featured in a Webcast, available for review at: http://www.newmarkettechnology.com/webcast_20090507.htm. VirtualHealth has over 1,500 clients and has recently completed government…

MondayMay 18, 2009 4:34 am

Beacon Enterprise Solutions Group, Inc. (BEAC) Opens Three New Locations to Support Increasing Demand

Beacon Enterprise Solutions Group, Inc., a leader in advanced IT solutions, announced the opening of three new markets for its IT infrastructure management services. Beacon’s three new locations include: Rochester, NY; Raritan, NJ; and Lexington, KY. The new locations will employ approximately 15 people by July. At this time, Beacon’s employees and certified contractors are positioned to service approximately 85% of the US marketplace. “The addition of these three new markets has increased our current tally of permanently staffed domestic locations to six, as we quickly approach our previously stated projection of 12 locations across North America by the end…

FridayMay 15, 2009 12:39 pm

EV Innovations Inc. (EVII.OB) Takes the Lead in Electric Vehicle R&D

EV Innovations Inc. (EVII.OB) has taken many steps to introduce its line of electric vehicles (EVs) to consumers. Recent initiatives include targeting drivers at the New York International Auto Show, getting featured on nationally syndicated TV shows, launching an aggressive media marketing campaign and more. EV Innovations focuses on the development of lithium-powered vehicles and products for a wide range of applications – from scooters and motorcycles, to cars and homes. The company’s line of products centers on its research and production of lithium-powered technology. While several automakers, including Ford, Mitsubishi, Chrysler and Subaru, plan on pushing their own version…

FridayMay 15, 2009 12:14 pm

Zevotek, Inc. (ZVTK.PK) Retains Services of Comptroller

Zevotek is focused on independently marketing and selling a range of distinct and independent lines of home care and household products. The company has entered into a license agreement to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. Zevotek plans to market the Ionic Bulb through TV infomercials, websites, major US retail and specialty stores, catalogs and magazines. Zevotek recently announced the addition of Chang Hun Kim who will act as the company's comptroller on a consultant basis. Mr. Kim has been an AICPA member since August of 2000. He is a graduate of Columbia University…

FridayMay 15, 2009 12:03 pm

Cytori Therapeutics, Inc. (CYTX) TinyGems Recommendation Up 100%+ From Alert

Last month, Cytori Therapeutics, Inc. (CYTX) was a featured company of the TinyGems Monthly Newsletter. Since the stock was mentioned, it has run from $1.68 to $3.51 for more than 100% gains. Volume has also increased dramatically from an approximate daily average of 350,000 to nearly one million traded shares. If you would like sign up for the free monthly newsletter and discover new, undiscovered small-cap companies, visit www.tinygems.net. Let us hear your thoughts below:

FridayMay 15, 2009 8:58 am

The UpTurn, Inc. (UPTR.PK) Leverages High Powered Talent to Break New Ground

The UpTurn, Inc. is probably not a company you’ve heard of as frequently as Twitter, and that’s a good thing. It just recently became a publicly traded stock, and is already being compared to MySpace, Facebook, and other highly successful social networking sites. The company’s founder, Jeff Eckman, a graduate of MIT’s Sloane Business School, is looking to put together what could also be described as the next eBay. TheUpturn.com will bring together a huge number of buyers, sellers, and everyone in between. It will represent a sophisticated amalgam of social networking and marketplace technology, all dedicated to the biggest…

FridayMay 15, 2009 8:53 am

MyECheck Inc. Announces First Quarter 2009 Results

MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce its First Quarter 2009 financial results for the period of January 1, 2009 to March 31, 2009. Revenues recorded for the first quarter were $163,751 compared to $58,913 for the same period in 2008. The Company processed over $27.5 million for the three months ending March 31, 2009 compared to $7 million for the same period in 2008; an increase of over 394%. The Net Loss from Operations in Q1 2009 was $114,074 compared to $264,365 for 2008, a substantial drop as…

FridayMay 15, 2009 6:38 am

Macquarie Infrastructure Company’s (MIC) Airport Services Business

Macquarie Infrastructure Company’s airport services business, Atlantic Aviation, generates the majority of the company’s gross profit. The division operates 72 fixed base operations (FBOs) on leased land at 68 airports throughout the United States and one heliport in New York City. This network is recognized as the largest in the industry in the U.S. by number of sites. Atlantic Aviation primarily serves the corporate and private jet segment of the general aviation industry. The business’s services include terminal operations, refueling, de-icing, aircraft parking and hangarage. Atlantic Aviation is committed to providing the safest and most secure environment for business, commercial…

FridayMay 15, 2009 6:15 am

General Automotive Co. (GNAU.OB) Recognizes Increase in Operating Margins, Significantly Reduces Net Loss

Today, General Automotive Company, a North American provider of aftermarket parts and advanced technology for the automotive industry, announced its financial results for the first quarter ended March 31, 2009. The company recognized year-over-year improvements in most profitability metrics in the first quarter. Gross margin improved 5.5 percentage points to 14.0% of revenue in the first quarter from 8.5% of revenue in the same quarter last year due to increased efficiencies in purchasing practices and product sourcing at its OE Source business. Operating expenses were also reduced, lowering total expenses to $501,800 from $589,600. As a result of improved gross…

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