WednesdayAug 05, 2009 10:24 am

Atrinsic, Inc. (ATRN) Announces Acquisition of E-Commerce Platform, Shopit.com

Atrinsic, Inc. announced today its acquisition of Shopit.com, an e-commerce platform that enables buyers and sellers to reach the audiences of social networking sites such as Facebook and MySpace. Through offering the option to buy and sell anywhere one wants, Shopit opens the door to some of the largest consumer markets. ShopIt is the latest property to join the Atrinsic Media network as a part of the company’s effort to develop rich media properties across its extensive distribution platform. Earlier versions of this innovative application have been downloaded nearly 800,000 times, demonstrating its ability to engage audiences in the fastest…

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WednesdayAug 05, 2009 9:06 am

Axial Vector Energy Corp. (AXVC.PK) JV Partner Awarded Patent in Egypt

Axial Vector Energy Corp. announced this morning that its PETRO AVEC JV partner, Petrosonics LLC, was recently awarded a patent in Egypt (Egyptian Patent Application No. PCT/NA/122/2006). This patent protects the process of removing sulfur from all types of crude oil fractions through sonic energy, oxidation as well as the removal of all of the oxidized sulfur through hydrotreatment. The patent will remain effective for 20 years. According to the Oil and Gas Journal and the U.S. Department of Energy, Egypt's proven oil reserves currently hold about 4 billion barrels. Egypt also has the largest refining sector on the African…

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WednesdayAug 05, 2009 9:00 am

eDOORWAYS Corp. (EDWY.PK) Acquires Second Domain for Corporate Site; Prepares for Domain Switch

eDOORWAYS Corp. today announced that it plans to relocate its current corporate presence from www.edoorways.com to www.edoorwayscorp.com as the company prepares for its October soft launch. Shareholders will soon have to use the new corporate site to access company information. Following the launch date, eDOORWAYS will begin operating two websites. The platform site (www.edoorways.com) will house the "SOLVE" and "LEARN" doors along with the brand's five other doorways, while the corporate site (www.edoorwayscorp.com) will contain information regarding the company. The company believes this separation is needed for easier navigation between corporate information and platform use. However, the sites will link…

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WednesdayAug 05, 2009 7:39 am

Solar Energy Initiatives Inc. (SNRY.OB) Facing Bright Future after Several 2009 Achievements

Solar Energy Initiatives Inc. yesterday announced that it expects to post revenues of $2.6 million for the fourth quarter of 2009 and highlighted its recent milestones that attributed to the success of its first year of operations. Solar Energy Initiatives announced cash flow positive status and said it anticipates further growth in the upcoming year. "Management is extremely pleased with the business momentum that the Company has achieved," David Fann, CEO of Solar Energy stated in the press release. "Solar Energy Initiatives has successfully increased revenue, achieved cash flow positive status, and established a strong organic revenue foundation for which…

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WednesdayAug 05, 2009 7:31 am

NuMobile, Inc. (NUBL.OB) Presents $1 Million Sales Strategy and Mobile Software Roll-Up Strategy Progress

NuMobile, Inc., a smartphone and mobile computing solutions company, recently announced the release of an on-demand corporate Webcast, which outlines the company’s anticipated $1 million sales pipeline and discusses NuMobile’s new business strategy to build a portfolio of security and software solutions for the mobile computing and smartphone market. The Webcast also includes a discussion of the company’s $0.10 suggested fair value target price per share and a review of future events that could raise the suggested fair value target price per share to $0.50. A link to the Webcast is available online at www.numobileinc.com under Investor Relations titled “NuMobile…

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WednesdayAug 05, 2009 7:18 am

Consorteum Holdings Inc. (CSRH.OB) Announces Introduction of New Financial Services Division

Consorteum Holdings, Inc. announced this morning that it has created a new division focused on providing financial services to consumers, employees and individuals within the public and private sectors. The new division will operate together with Consorteum’s existing divisions, which are application-specific and industry-specific. The Consorteum Financial Services Division will be managed by a leading expert within the banking and transaction processing industry who brings more than 25 years of experience to the company. He will be formally announced within the next two months. Through this new division, Consorteum will offer its targeted client base Point of Sale Terminals, ATM’s,…

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TuesdayAug 04, 2009 2:57 pm

Suspect Detection Systems, Inc. (SDSS.OB) Introduces Revolutionary Crime Fighting Technology

Recently, Suspect Detection Systems Inc. announced the introduction of their new commercial product, the Cogito Data Center. Cogito DC is a central knowledgebase and control server that serves as an analytical back office to the Cogito Rapid Interrogation System. Sales of the Cogito DC unit are projected to begin in 2010. Cogito DC will enable SDS customers to create a central storage base of examinee data. The interrogation system, designed to collect a vast amount of data with each examination, begins with a scan of the examinees passport or identification card. Next, the system scans unique biometric identification information including…

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TuesdayAug 04, 2009 2:14 pm

NF Energy Saving Corp. (NFES.OB) is “One to Watch”

NF Energy Saving Corp. is a manufacturer of energy saving equipment and a provider of integrated energy conservation solutions. These solutions utilize energy-saving equipment, technical services, and energy management re-engineering project operations to provide energy saving service to customers. Headquartered in Shenyang City, Liaoning Province, China, NF Energy trades on the OTCBB and has completed over 300 successful energy-saving projects. NF Energy operates their business through their wholly owned subsidiary Liaoning Nengfa Weiye Energy Technology Co., Ltd. This subsidiary concentrates on manufacturing energy-saving equipment and new energy facilities. They also concentrate on contracting with energy-saving and pollution reduction turnkey projects,…

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TuesdayAug 04, 2009 2:10 pm

Solanex Management, Inc. (SLNX.OB) Looks For Manufacturers

Solanex Management Inc. plans to contract with third parties to manufacture and assemble the company’s Steam Injection System, a unique advanced mobile steam generation process for use by the oil industry to extract trapped oil. The system provides a number of cost and operational benefits over any existing steam system, and is expected to be of special value for the liquefying of bitumen, a semi-solid form of oil that doesn’t flow at normal temperatures. Because the system requires a significant amount of capital to manufacture, Solanex will not maintain a standing inventory. Rather, each unit will be made to order,…

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TuesdayAug 04, 2009 2:08 pm

Feel Golf Company, Inc. (FEEL) Expands Through Acquisition

Feel Golf Company, Inc. announced today that it purchased all the assets of the Caldwell Golf Company, Inc., a competitor that manufactures drivers and putters. Both companies are headquartered in California. The Feel Golf Company, Inc. is a designer and manufacturer of golf products, including grips, wedges, irons, drivers, putters and other golf related merchandise. Its products are designed and built by Professional Golf Association (PGA) Professionals. The Feel Golf Company, Inc. would not disclose the purchase price, but noted that the purchase fit the company’s acquisition criteria, which is to “acquire technologically advanced golf equipment that can significantly improve…

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