Blog - Page 3977 of 5481

TuesdayMay 26, 2009 6:15 am

Wescorp Energy, Inc. (WSCE.OB) Announces Shipment of First H2Omaxx Water Remediation Unit

Wescorp Energy Inc., an oil and gas technology solutions provider, was pleased to announce today that a 2,000 barrel per day H2Omaxx water remediation unit has been shipped to Kansas to begin full operations for an oil and gas producer. H2Omaxx safely, effectively and economically cleans and separates oil and solids from produced water using patented technology. Test results have demonstrated the H20maxx’s ability to reduce oil content in produced water to less than 0.001% allowing oil and gas operators to reduce, reuse, and recycle water. In July of last year, the company signed a master lease agreement with a…

TuesdayMay 26, 2009 6:06 am

OptiCon Systems, Inc. (OPCN.OB) Announces Sale of 10 Licenses; 200 More Committed

OptiCon Systems, Inc., a global provider of communications and telecommunications software for Wireline, Wireless and fiber optics, announced earlier today that the company has sold 10 licenses of its OptiCon software and a commitment for at least 200 more through an agreement with Mfumo Networking Solutions of South Africa. "We are ecstatic to have proven the viability and longevity of our world-leading software, OptiCon Network Manager. Therefore, with this sale, we have completed a major milestone for OptiCon as a company and as the major force in the global telecommunications. Consequently we would expect more interests and sales in coming…

TuesdayMay 26, 2009 6:02 am

Park City Group, Inc. (PCYG.OB) Reports Double the Revenues, Substantial Increase in EBITDA

Park City Group, Inc., a developer of patented, innovative retail supply chain solutions and services, announced its financial results for the first quarter of this year. Revenue increased 118% to $2.503 million, from $1.149 million in the comparable quarter in 2008, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 150% to $213,000 compared to $(422,000) in 2008. Operating expenses for the quarter included a $1,457,383 non-cash charge related to impairment of capitalized software acquired in connection with acquisition of Prescient, in addition to approximately $75,800 in non-recurring costs incurred in connection with the consummation of the merger.…

TuesdayMay 26, 2009 5:49 am

BioNeutral Group, Inc. (BONU.OB) Signs LOI to Sell its Mold Formulation

BioNeutral Group, Inc., a chemical technology-based Life Science company that plans to commercialize a novel combinational chemistry-based technology, announced this morning that it has signed a Letter of Intent (LOI) with Mr. Mold LLC, a New Jersey based mold remediation company with operations throughout the northeast. According to the terms of the agreement, Mr. Mold will begin using BioNeutrals’ unique formulation designed for use with mold and mold spores. Thomas Re, Founder and CEO of Mr. Mold LLC stated, “I have had the opportunity to utilize this formulation and no other product comes close to its performance. The BioNeutral formulation…

TuesdayMay 26, 2009 4:43 am

The New World of Electronic Real Estate

If there is one industry suited to embrace the online revolution, it’s real estate. After all, the Internet is all about bringing together people and information, making it easier for the right people to find the right information. Substitute the word “houses” for “information”, and you have real estate. But real estate is far more complex than most people imagine. The average person thinks of real estate in terms of their own experience. They put their house up for sale, probably by calling a local real estate agent, and then wait for a buyer. The selling agent (and buyer’s agent,…

TuesdayMay 26, 2009 4:40 am

SpongeTech® Delivery Systems, Inc.’s (SPNG.OB) Auto Care Products to be Featured This Month on the Home Shopping Network

SpongeTech® Delivery Systems, Inc., a leading designer, producer and marketer of unique lines of reusable cleaning products for car, child, home and pet care usages, recently announced that multi-channel retailer, the Home Shopping Network (HSN), will feature its auto care products on Tuesday, May 26, 2009, between the hours of 3:00 p.m. and 4:00 p.m. EDT and between 7:00 p.m. and 8:00 p.m. EDT. SpongeTech®'s proprietary sponge-like products utilize hydrophilic (liquid-absorbing) foam and are pre-loaded with specially formulated ingredients, including soap, conditioner and/or wax, that are released when the sponge is soaked and applied to a surface with minimal pressure.…

MondayMay 25, 2009 3:37 pm

May 25th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CBAI, ICLK, SVUL, XCR Markets managed to post negligible gains this week as strength in the financial sector which helped spur gains earlier in the week was met with more negative economic indicators, resulting in markets ending trading in close proximity to where they began on Monday. All told, the Dow managed to end up 0.1%, gaining 8 points on the week to close at 8277, down 5.7% on the year. The Nasdaq finished up 0.7%, closing at 1692, up 7.3% on the year, while the S&P 500 and Russell 2000…

FridayMay 22, 2009 12:01 pm

Keep Avalon Oil and Gas, Inc. (AOGN.OB) on Radar

Avalon Oil & Gas, Inc. is an independent domestic oil and natural gas producer focused on leveraging efficient reservoir maintenance and innovative technologies to generate stable cash flows and production. By acquiring a portfolio of oil and gas leases to generate asset growth, the company aims to deliver a sustainable rate of return for their shareholders. Avalon currently owns working interests in Texas, Arkansas, Louisiana, and Oklahoma. Instead of engaging in exploration and drilling exploration wells, the company invests in underdeveloped properties with existing stable cash flows. This relatively low risk business strategy enables Avalon to realize almost immediate cash…

FridayMay 22, 2009 11:49 am

Anything Brands Online, Inc. (ANYT.PK) is “One to Watch”

Anything Brands Online, Inc. was established to capitalize on the potential of the Internet by developing online shopping centers featuring accessories and lifestyle products and services. Anything Mobile Electronics, Anything RV, Tradesman Tool, and Anything Super Mall are examples of the company’s efforts to expand market reach by presenting products that fit the transportation model as well as retail and commercial consumers in general. The company recently announced that its myFreightWorld is posting record revenues for the second quarter of 2009, despite the current economic conditions. Anything Brands anticipates reaching $100 million annual managed revenue run rate by the end…

FridayMay 22, 2009 9:36 am

Recapping Market Capitalization

In 2008, some of the major market indexes reset the limits by which they separate large-cap, mid-cap, and small-cap stocks. The S&P 500, which is considered a benchmark for large-cap stocks, lowered the limit for inclusion in the index from $4.5 billion to $4 billion. Meanwhile, another index publisher, MSCI Barra, revised its large-cap definition to $7.5 billion, down from $11 billion.1 Similarly, falling stock prices allowed some money managers to buy stocks that were previously too big for their objectives while forcing them to sell others that no longer fit their portfolio rules. We may see more forced buying…

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