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MondayDec 07, 2009 4:04 pm

December 7th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CVM, ENZ, HYTM, IMUC, IWEB, NXOI, ONBI, PSID, SIHI, XSNX Markets hit fresh highs for '09 yet again this week, as decreased concerns regarding the Dubai debt restructuring announcement and news that the US labor market is showing signs of recovery spurred broad based buying which led all of the major indices higher. All told, the Dow ended the week up 0.8%, gaining 79 points to close at 10388, extending its yearly gains to 18.4%. The Nasdaq gained 2.6% on the week, closing at 2194, up 39.1% on the year, while…

MondayDec 07, 2009 3:05 pm

Clenergen Corp. (CRGE.OB) To Test Biomass-Fossil Fuel Combinations

Clenergen Corporation, a leading biomass power developer, is working with Mangalore Refinery & Petrochemicals Ltd., in the city of Mangalore on the southwest coast of India, to develop power plants that will generate electricity from a blend of petcoke (60%) and biomass (40%). Initially, a 21 megawatt pilot power plant will be built in Mangalore for tests to maximize efficiency in the generation of carbon neutral electricity. However, the project could be scaled up to provide 154 megawatts in Mangalore, and 196 megawatts in the nearby city of Kochi (formerly known as Cochin), based upon the volume of biomass expected…

MondayDec 07, 2009 2:59 pm

Insight Management Corporation (ISIM.OB) Gives Shareholder Update on Finances, Acquisitions and Operations

Insight Management Corp. focuses on the oil and gas industry for business-building acquisitions and alliances. The company today announced updates on its revenue, acquisitions and growth strategy. The company posted revenue of $588,903 for the third quarter ended September 30, 2009. EBITDA increased a significant 131 percent for the quarter to $214,505 as compared to the second quarter of 2009. In June 2009, Insight Management acquired Rebel Testing Inc., a regional oil and gas field services provider for the greater Colorado, Wyoming and Utah areas. For more than 18 years, the company has provided profitable operations, offering pump hoist and…

MondayDec 07, 2009 12:26 pm

Market Timing When Investing in Gold is Dangerous

Paying attention to trends and flows of trading and direction can be profitable. However, one can suggest that chasing a trend in the market is not a wise idea. As the market has been moving through a rather interesting up-tick of late, one might be wise to consider where things are at the moment and where they may, or may not, go in the future. One particular area that one might consider, in this regard, is the gold play. This area of the commodities market has been doing quite well of late and could very well continue its move higher.…

MondayDec 07, 2009 12:21 pm

BioSolar, Inc. (BSRC.OB) Offers Eco-Friendly Solar Components, Emphasizes Solar Industry Growth on Strength of Falling Costs

BioSolar Inc. CEO Dr. David Lee addressed the analysis of New Energy Finance today, Dec. 7, which stated that solar energy would see a 50% reduction in cost per kilowatt hour (kWh) through 2009. Lee, citing the report, noted that this represented the "largest cost reduction in its (solar) history". Lee went on to acknowledge the leadership role solar technology has played as an "economic and environmental" growth factor for the entire "green" industry. Lee also noted that if the industry "wanted to continue growing", it would need to plan ahead and avoid the pitfalls of the microelectronics industry, which…

MondayDec 07, 2009 11:53 am

Stock Guru Featured Company: Expert Group, Inc. (EXPU.PK)

Expert Group, Inc. is focused on marketing a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. The company is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender. Expert Financing & Investments specializes in refinance loans, home mortgage loans, and new home purchases as well as foreign national loans. The company can also help consolidate debt and lower monthly payments, even if its client has less than perfect credit or bad credit. Robert Rico, chairman of the board of directors of…

MondayDec 07, 2009 11:40 am

Small Cap Voice Featured Company: Royal Standard Minerals, Inc. (RYSMF.OB)

Royal Standard Minerals is focused on exploring and developing gold and polymetallic properties in key mineral districts of Nevada. Three of the company’s properties - Goldwedge, Piñon-Railroad and Fondaway Canyon - are advanced with established resources. Goldwedge, its most developed asset, is moving to feasibility. Goldwedge lies within one of Nevada's most important gold districts. Royal Standard has encountered significant, high-grade gold at the property and excavated a decline for over 2000 feet into the primary mineral zones. Having already built a crushing and milling plant and secured necessary permitting, a bulk sampling program is currently underway. Another key project…

MondayDec 07, 2009 9:18 am

Global Entertainment Holdings, Inc. (GBHL.OB) to Begin Trading on the OTC Bulletin Board

Global Entertainment Holdings, a young company located under the blue skies of West Hollywood, California, is a publicly-held entertainment company with an objective to build a worldwide entertainment organization with domestic and global affiliates. If Global reaches its desired goal, it could become a global name. Leading the way at GBHL is their CEO Gary Rasmussen. Rasmussen is a noted name in the industry with an extensive background spanning over 25 years as an entrepreneur with vast experience in all phases of business development, having been a founder, chief executive officer or director of several publicly-held corporations in the areas…

MondayDec 07, 2009 9:13 am

Plato Learning, Inc. (TUTR) Reports Strong Earnings Growth for Fiscal 2009

Plato Learning, Inc. reported fiscal 2009 net income of $957,000, or $0.04 per share. This was a vast improvement over the $91.9 million, or $3.85 per share, loss it reported in fiscal 2008. Revenues came in at $65.2 million in fiscal 2009, down slightly from the prior year. Plato Learning, Inc. ended the quarter with a cash balance of $28.2 million, double the amount the company had three months ago. Plato Learning, Inc also has no short or long term debt on its balance sheet. Plato Learning, Inc. predicts strong growth in fiscal 2010, with subscription growth of 10-20% over…

MondayDec 07, 2009 9:05 am

Newport Digital Technologies, Inc.’s (NPDT.OB) Microsoft Licensing Agreement

Newport Digital Technologies Inc., a technology solutions driven company focused on the wireless technology space, recently announced that it had implemented the licensing agreement with Microsoft (NASDAQ: MSFT) to develop applications for its Windows Mobile platform. In conjunction with leading Taiwan-based R&D technology incubators, Newport Digital Technologies is commercializing a number of leading-edge radio frequency identification (RFID) technologies. The first product is the N37B Ruggedized Handheld RFID reader and computing device. The N37B will offer options that includes a 3G connection module and location/navigation based GPS. The 3G option will enable the handheld to have data connectivity anywhere a cellular…

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