Blog - Page 4011 of 5523

ThursdayJun 04, 2009 6:41 am

Market & Research Corp. (MTRE.OB) Signs Investment Banking Agreement

Market & Research Corp.'s President, Gary Stein, announced today that the company has signed a definitive agreement designating a nationally recognized Investment Bank to become the Investment Banker to finance Market & Research’s previously announced acquisitions. Mr. Stein commented, "After more than two months of discussion and reviewing offers and proposals we have decided to accept a proposal submitted by the Bank as its banker's breadth of knowledge of the market and research area and the investment banking experience of its principals, is extensive and deep. Its proposal was deemed to be the one that will provide the best opportunity…

ThursdayJun 04, 2009 6:34 am

ERF Wireless (ERFW.OB) Acquires Frontier Internet LLC and iTexas.net

ERF Wireless, a leading provider of enterprise-class wireless broadband products and services, announced this morning that it acquired the assets and operations of Frontier Internet LLC and iTexas.net, both headquartered in Granbury, Texas. These transactions, which closed on the first of the month, are the fourteenth and fifteenth such acquisitions by ERF Wireless of Texas-based Wireless Internet Service Providers (WISPs) and include a combined existing customer base of more than 1,800 customers and over $1,300,000 in profitable recurring annual WISP revenue. The acquisitions include 16 towers strategically located south and southwest of Fort Worth, Texas. These towers provide ERF Wireless…

ThursdayJun 04, 2009 6:23 am

Western Canadian Oil Sands Inc. Leases Wescorp Energy, Inc.’s (WSCE.OB) H2Omaxx Water Remediation Unit

Wescorp Energy Inc. was pleased to announce today that Western Canadian Oil Sands Inc. will be leasing a 2,000 barrel per day H2Omaxx water remediation unit to meet its Environmental Water Regulatory Requirements. H2Omaxx has been proven to be a safe and effective process for cleaning and separating oil and solids from produced water using patented technology. The H2Omaxx unit has demonstrated the ability to reduce the oil content in produced water to less than 0.001% or 10 parts per million, allowing oil and gas operators to reduce, reuse, and recycle water. Wescorp will begin construction of the H2Omaxx unit…

ThursdayJun 04, 2009 5:54 am

Mastermind Ron Cervin Stands Behind EV Innovations, Inc. (EVII.OB)

It is a common thought in the worlds of business and engineering that success can create greatness, and that is a reason why EV Innovations retains quality engineers like Ron “Hollywood” Cervin. The work and ideas of Cervin and other engineers at EV Innovations are leading a revolution that will change the way the world views electric vehicles. The effort of Cervin and others will help change the landscape of all the vehicles on the road and help to save the environment one car at a time. Ron Cervin has always expressed an interest in automobiles. He got his start…

ThursdayJun 04, 2009 5:13 am

Suspect Detection Systems Inc. (SDSS.OB) Announces Successful Installation of First Cogito Interrogation Units for Federal Agency in Latin America

Suspect Detection Systems Inc., a leading developer of counter-terror and crime prevention technology, announced this morning that multiple units of the Cogito(TM) system recently sold to a large Federal Agency operating in a major Latin American nation have been installed successfully. An automated interrogation system, Cogito detects and exposes the hidden intent of criminals and terrorists. The system has multiple applications in addition to interrogating individuals suspected of committing crimes. Other applications include pre-employment and employee screening, fraud prevention, and military intelligence collection. The Cogito system will be utilized by the federal agents to combat a wave of criminal activity…

ThursdayJun 04, 2009 4:54 am

Precision Petroleum Corp. (PPTO.OB) Announces Appointment of James Kirby as Chief Financial Officer

Precision Petroleum Corporation, an independent energy company engaged in the acquisition, exploration and development of oil and natural gas properties in the United States, recently announced the appointment of Mr. James Kirby as the company’s chief financial officer effective June 3, 2009. With an extensive background both in the petroleum industry and the financial sector, Mr. Kirby has successfully re-organized financial institutions and possesses strong expertise with state and federal regulations pertaining to the financial and petroleum arenas. His senior-level management experience includes engagements at The First National Bank of Shawnee, Bank One, Liberty Bank & Trust, Choctaw State Bank…

WednesdayJun 03, 2009 1:48 pm

Counsel RB Capital LLC Announces $5.9 Million Strategic Acquisition of Greystone Private Equity LLC

International asset management firm Counsel Corporation (TSX: CXS) today announced that Counsel RB Capital LLC has acquired Greystone Private Equity LLC, a subsidiary of Greystone & Co. Holdings LLC, for $5.9 million, including roughly $3.0 million in debt. The acquisition is in line with Counsel RB’s strategy of acquiring “distressed and surplus assets,” then coordinating asset disposition services. According to the press release, Greystone’s assets include six separate equipment, industrial and real estate assets that Counsel RB anticipates monetizing in the near future. Today’s press release also highlighted Counsel RB’s recently secured revolving credit facility with Israel Discount Bank of…

WednesdayJun 03, 2009 9:55 am

The UpTurn, Inc. (UPTR.PK) Continues To Gain Attention As It Builds Innovative Site

The UpTurn, Inc., founded by Jeff Eckman, a graduate of MIT’s Sloane Business School, has gained attention for its mission to become the preeminent online real estate exchange, bringing together real estate buyers, sellers, renters, and various professionals and businesses, in a way not currently available on the Web. The company is being capitalized with investments from a number of sources, including private funding and capital markets, as well as resources provided by Blue Green Ventures. The site itself, TheUpTurn.com, is currently under development, available only in a private Beta release. TheUpTurn.com will be designed to match people and properties…

WednesdayJun 03, 2009 9:50 am

Longwei Petroleum Investment Holding Ltd. (LPIH.OB) Plans an Additional 70,000 Metric Tonnes of Oil and Gas Storage Capacity

When a company starts to put its business into motion there are a few basic tenants that need to be addressed. Customer base and location are perhaps two of the most important. Management needs to ask itself: are we located in the correct place and do we have a customer base we can serve effectively. When dealing with bulk materials, this is even more important and needs to be right the first time. Longwei Investment Holding Ltd., an oil and gas distributor, acts as a distributor of oil and gas primarily in China. The company currently owns 50,000 tons of…

WednesdayJun 03, 2009 9:46 am

American Lorain Corp. (ALRC.OB) Increases Number of Sales Agents to 300; Network Now Covers 26 Chinese Provinces

American Lorain Corporation, an international processed foods company that sells over 234 products in China and 42 foreign countries, recently announced that the company now has a total of 300 agents in 26 provinces in China. Over the past five months, American Lorain has been transitioning sales away from its direct sales force to agents, and has now increased the company’s distribution network from 19 provinces in China to 26 provinces. American Lorain has signed 300 agents as of May 2009, allowing the company to reach more than 2,000 supermarkets, including more than 130 large-scale supermarkets and roughly 1,900 small-…

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