Blog - Page 3981 of 5623

TuesdayOct 20, 2009 7:49 am

Omnicity Corp. (OMCY.OB) Signs LOI for Acquisition

Omnicity Corp announced that it's continuing to move forward with its plan to become the premier consolidator in the WISP industry by signing a Letter of Intent with the wireless division of Solutions Unlimited, Inc. ("SUI") of New Castle, Indiana. Doing business as "Midwest WISP", SUI is only one of the next several acquisitions Omnicity plans to announce during the current quarter. Greg Jarman, CEO of Omnicity, stated, "We are pleased to have worked out a great deal for both Midwest WISP and Omnicity and look forward to bringing their subscribers and infrastructure into the fold. This acquisition adds another…

TuesdayOct 20, 2009 7:22 am

Information Systems Associates, Inc. (ISOA.OB) Appoints Michael Hull as Chief Financial Officer and Vince Minerva as Vice President of Data Center Services

Information Systems Associates, Inc., a leading provider of data center optimization software, services and solutions, recently announced the appointments of Michael Hull as chief financial officer and Vincent Minerva as vice president of data center services. The expansion of the Information Systems’ senior management team will help position the company for significant growth in early 2010. Vincent Minerva is a seasoned IT professional with over 27 years of experience in financial and manufacturing environments. Michael Hull’s career includes more than 11 years auditing both public and private companies for Price Waterhouse, where he advanced from audit staff to audit senior…

TuesdayOct 20, 2009 7:20 am

Black Hawk Exploration (BHWX.OB) Receives $1 Million Funding Commitment

Black Hawk Exploration, a diversified exploration company focused on finding Lithium, reported that it has obtained an equity financing agreement of up to $1,000,000. Black Hawk’s new financing agreement gives the company the right to call funds on an as needed basis. Black Hawk has already received its first tranche from the agreement. The funds will be used to obtain new claim evaluations and pay for additional operating expenses. Black Hawk’s draw of up to $1,000,000 can be made by the company’s issuance of units which consist of one share of its common stock at $0.85 US and one warrant…

TuesdayOct 20, 2009 7:17 am

Ampal-American Israel Corp. (AMPL) Secures Supply Agreement for Three Israel-based Cogeneration Plants

Ampal-American Israel Corp. is a holding company focused on acquired interests in energy and related businesses in the State of Israel or those businesses deemed Israel-related. The company has a 12.5 percent interest in East Mediterranean Gas Co. (EMC), which yesterday informed Ampal that it has secured three 18-year Gas Sale Agreements valued at $1.3 billion. These announced agreements are in addition to three previous gas sale agreements between EMG and the Israeli Electric Company, Dorad Energy Ltd., and Nesher. "The signing of the three agreements by EMG, as well as EMG’s active and ongoing negotiations with other potential customers,…

MondayOct 19, 2009 3:51 pm

October 19th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CHIP, ENZ, GERS, IWEB, OMCM, ONEZ, XSNX Markets hit fresh highs for '09 yet again last week, as the first round of earnings helped to assuage investor concerns that operating results would underpin robust gains in equities this year. All told, the Dow gained 130 points to end the week at 9995 after briefly cracking the 10,000 mark, gaining 1.3% on the week and extending its gains to 13.9% on the year. The Nasdaq gained 0.8% on the week to close at 2156, up 36.8% on the year, while the S&P 500…

MondayOct 19, 2009 3:24 pm

Iconic Brands, Inc. (ICNB.OB) is “One to Watch”

Iconic Brands Inc. develops, markets and distributes high quality, celebrity branded alcoholic beverages. The Company does this by capitalizing on the ability to obtain superior and unique products from around the world and brand the products with internationally recognized celebrities. With their corporate headquarters in Lindenhurst, New York, Iconic Brands, Inc. trades on NASDAQ's OTCBB. The Company is a federally licensed importer and distributor of alcoholic beverages. They are also a licensed New York State wholesaler, maintaining a federal customs bonded warehouse. CEO Richard DeCicco leads Iconic Brands, Inc. Mr. DeCicco is a beverage industry innovator with more than three…

MondayOct 19, 2009 1:26 pm

Rexahn Pharmaceuticals, Inc. (RNN) Reports Solid Phase IIa Results for Anti-Depressant Drug

Risk is just that, risk. Investing in opportunity is never easy but can return financial rewards. Understanding the risk is the key. Pick an investment that fits your needs. Finding that investment, and waiting to see if you are correct, is the key. Rexahn Pharmaceuticals Inc., a clinical biopharmaceutical drug development company, works to develop drug products oriented toward a variety of conditions. The company is currently progressing through Phase IIa for an anti-depressant product. Although the company has a variety of pharmaceutical products in development, its relationships around the world may be its largest asset. Universities to corporations have…

MondayOct 19, 2009 1:23 pm

Oil Sets 2009 Record High of $79

Oil broke out of the $65-75 holding pattern of the last five months on strength of a declining dollar, speculation about rising consumer confidence, and potential growth next year in the global economy. Above $79 a barrel this morning before declining slightly, oil set a record high for this year of $79.05 and has been hovering just under that mark since. As the market looks to 3Q profitability data from major retailers this week, including McDonald’s, Apple, Hasbro and Whirlpool, there is a strong desire to see overall consumption start to increase, which would further justify rising energy and commodity…

MondayOct 19, 2009 1:20 pm

Beacon Enterprise Solutions Group, Inc. (BEAC.OB) Continues Engagement with Fortune 100 Pharmaceutical Company

Today, Beacon Enterprise Solutions Group, Inc., an emerging global leader of high performance Information Transport Systems (“ITS”) infrastructure solutions, announced that it has expanded its relationship with an existing Fortune 100 pharmaceutical client to provide ITS infrastructure documentation, design, installation and ongoing management services. Valued at approximately $27 million, the engagement will initially focus on Switzerland, France, Germany, Italy, Netherlands, Belgium and the United Kingdom. Later it will expand to include 31 additional European, Middle Eastern, and African nations. The engagement follows other pre-existing projects that Beacon currently manages for this client. Beacon will conduct ITS infrastructure assessments and prepare…

MondayOct 19, 2009 1:17 pm

Consorteum Holdings, Inc. (CSRH.OB) Has Major Competitive Strengths

Consorteum Holdings Inc. has been successful largely because of its unique competitive strengths. It’s these strengths that have allowed the company to come up with innovative solutions in a crowded marketplace, evaluate and execute opportunities efficiently and quickly, and keep costs in line from initial development to final implementation. First of all, Consorteum is singularly focused on repeat-transaction oriented processing solutions in the card, payment, and transaction processing industry. This approach results in solutions that are of long term benefit for both the user and Consorteum. In addition, there is a strong management commitment to minimum revenue contribution for each…

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