MondayMay 04, 2009 3:32 pm

May 4th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CBAI, CVM, FMTI, ICLK, ITUI, IWEB, PSTI, SVUL, URGP Markets resumed their two month advance last week despite worldwide concern surrounding the outbreak of swine flu and concern from American investors regarding the results of bank stress tests due out at the end of this week. All told, the Dow managed to finish in positive territory, gaining 136 points to close at 8212, up 1.7% on the week, paring its YTD losses to 6.4%. The Nasdaq managed to post a 1.5% gain on the week, closing at 1719, up 9% on the…

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MondayMay 04, 2009 1:12 pm

Ethos Environmental Inc. (ETEV.OB) is “One to Watch”

Headquartered in San Diego, Ethos Environmental Inc. is the manufacturer of award-winning fuel reformulating products that help meet environmental regulations. The Ethos® family of products can help vehicles increase fuel economies, while reducing harmful emissions. Trading on the OTCBB, the Company is a manufacturer and distributor of a unique line of fuel reformulating products under the name Ethos Fuel Reformulators, or Ethos FR. The Company designed their Ethos products to add cleaning and lubricating qualities to any type of fuel or motor oil, allowing engines to perform cooler, smoother, and with more horsepower. The benefits are increased fuel mileage, reduced…

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MondayMay 04, 2009 12:55 pm

Ronn Motor Company (RNNM.PK) Engages Potomac Strategic Development Group to Pursue Local, State and Federal Grants, Loans and Contracts

Ronn Motor Company, Inc. announced that it has chosen Potomac Strategic Development Group as its representatives to the United States Federal Government for the monitoring and development of public sector opportunities at the state and federal level. Ronn Motors’ public affairs strategy will be focused on pursuing government sponsored appropriations and contracts. Lance Carcill, Potomac Strategic Development Group partner, stated, "With massive increases in federal spending and the broad momentum for green and alternative fuel initiatives at the federal and state level, opportunities for support are numerous and substantial. In many respects, the political environment in which Ronn Motors will…

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MondayMay 04, 2009 9:07 am

GraphOn Corp. (GOJO.OB) Lands Major Reseller Deal With Softline

GraphOn Corporation, a California based software solution provider that lets users make their applications accessible on company networks or the Web, today announced the signing of a reseller partnership with Moscow-based Softline Company. The partnership allows Softline, a leading reseller of software solutions in Russia and surrounding countries, to market GraphOn’s GO-Global network and Web deployment software for Windows, UNIX, and Linux applications. The Softline agreement represents a huge market. Headquartered in Moscow, Softline has offices in 41 cities covering 13 countries. The company will market and support GO-Global throughout Russia and other members of the Commonwealth of Independent States…

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MondayMay 04, 2009 7:05 am

Axial Vector Energy Corp. (AXVC.PK) is Leading the Way in New Engine Technology

Axial Energy Corporation owns, develops, and licenses revolutionary internal combustion engine and electric power generation technologies for various applications. The company employs its patent-pending “axial flux” engine and generator set technologies to produce highly efficient, cost-effective and environmentally sensitive multi-fuel engines and motors that are scalable across a wide range of settings. Dr. Karl Hermann created the original linear power transmission design concept during World War II. It was subsequently used by the US Navy as a pneumatic drive in the mk 46 torpedos. Following the war, Dr. Hermann continued his work and was successful in creating an engine that…

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MondayMay 04, 2009 6:30 am

Sharps Compliance Corp. (SCOM.OB) Approved to List On the NASDAQ Capital Market

Sharps Compliance Corp., a leading provider of cost-effective disposal solutions for medical and pharmaceutical waste generated outside the hospital setting, announced that its common stock has been approved for listing on the NASDAQ Capital Market under the new symbol "SMED." The company anticipates that its stock will begin trading on the NASDAQ Capital Market on Wednesday, May 6, 2009. Chairman and CEO Dr. Burton J. Kunik stated, "Sharps' strong and consistent growth over the last few years has pushed our fundamentals to a point that more than meet the financial, liquidity and corporate governance requirements for listing on the NASDAQ.…

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MondayMay 04, 2009 6:24 am

Omnicity Corp. (OMCY.OB) Signs Multi-county Growth Agreement With Swayzee

Omnicity Corp. announced that it has signed an important agreement with Swayzee Telephone, Inc. that will expand and enhance its Midwestern fixed wireless network. As terms of the agreement, Omnicity will attach to the fiber optic network in Swayzee, Indiana to deliver services to Miami, Cass, Howard, Huntington, Grant, Blackford and Jay counties in northeastern Indiana. Dick Beltzhoover, CEO of Omnicity, commented, "We continue rapidly forward with the execution of our business model by partnering with rural telephone companies across rural America such as Swayzee. Our agreement with Swayzee Telephone allows us to further fulfill our mission to provide Broadband…

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MondayMay 04, 2009 6:19 am

Ethos Environmental, Inc. (ETEV.OB) Completes EPA Registration; Announces Distribution Network Shipping Date

Today before the opening bell, Ethos Environmental, Inc. announced that it has received EPA registration for its new, flagship product, Ethos FR+, an environmentally friendly fuel additive. According to the press release, May 11, 2009 is the anticipated formal shipping date for all products associated with the ECOMATES distribution network. Corey P. Schlossmann, CEO of Ethos, stated, "The registration of Ethos FR+ with the EPA is the final step in what has been a complete overhaul of the Company. All support systems for the Company's distribution channels are now operational." Jack Peterson, CEO of Thrive Worldwide, LLC, ECOMATES' management firm,…

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MondayMay 04, 2009 5:53 am

Thresher Industries, Inc. (THRR.PK) Begins Development of Renewable, Low-Carbon Heat Sinks for LED Lighting Industry

Thresher Industries, Inc., a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announced this morning that it is developing a low-carbon footprint, highly thermal conductive die cast aluminum composite (a type of heat sink). Initially, the company will target the LED lighting industry. According to the U.S. Department of Energy, white high powered LEDs can emit 150-200 lumens per watt, twice the efficacy of current fluorescent technologies and approximately 10 times that of traditional incandescent lighting. Industry experts believe LEDs will become the standard of lighting within the next several years because of their high energy efficiency…

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MondayMay 04, 2009 4:51 am

BWI Holdings, Inc. (BWIH.OB) Negotiating New Credit Facility

BWI Holdings, Inc., operating as Budget Waste Inc., announced this morning that it is actively working with its agents to secure a new credit facility of up to $5 Million. The company is currently in the process of negotiating the terms and conditions with multiple lenders to achieve the most cost effective terms. Once the new credit facility has been secured, BWI plans to use part of the funds to pay off existing debt and leases, and use the balance for General working capital purposes. According to the press release, this financing would allow the company to complete a plan…

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