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TuesdayNov 18, 2008 1:52 pm

Paulson, Bernanke Stand behind Bailout Despite Change of Course

Just a week after Washington officially and somewhat ironically scrapped the idea of utilizing funds from the Troubled Assets Relief Program to purchase troubled assets, Hank Paulson and Ben Bernanke could be found on Capitol Hill vehemently defending their handling of the funds. Paulson, who appeared before the House Financial Services Committee, added guarantees on high-risk mortgages to the list of inadvisable uses of the $700 billion pool. FDIC Chairwoman Sheila Bair broke away from the administration's official position, testifying that $24 billion of the bailout money should go to helping certain Americans avoid foreclosure, and expressing her belief that…

TuesdayNov 18, 2008 1:51 pm

EV Transportation, Inc. (EVTP.OB) Plans for Obtaining a Larger Market Share

EV Transportation is a unique car rental company in that it is the only truly environmentally-friendly group of its kind, solely offering electric and low-emission vehicles. EV is currently in the process of positioning itself for intense growth in a rapidly evolving sector of the car rental industry. As of 2007, the industry as a whole logged revenues of roughly $21 billion, more than ninety percent of which was generated by the following four top players: Enterprise (including recently acquired Alamo and National brands), Avis Budget Group, Hertz Global Holdings, and the Dollar Thrifty Group. With the exception of Hertz,…

TuesdayNov 18, 2008 12:59 pm

Inspiration Mining Corp. (ISM.TO) Discovers Success with Diamond Drilling Program on Langmuir Project, Ontario

Inspiration Mining Corp announced Friday that they have continued to find success with their diamond drilling program on the Langmuir Project, located in Langmuir Township south of Timmins, Ontario. This property contains 69 adjacent mining claim units that cover about 1,090 hectares in the north-central portion of Langmuir Township, Porcupine Mining Division, and District of Cochrane, Ontario. Inspiration Mining stated that a number of early 2006 and 2007 drill holes have been expanded, leading way to a greater zone of nickel mineralization. The diamond drilling at the Langmuir No. 1 Mine area has been completed and the diamond drill program…

TuesdayNov 18, 2008 12:45 pm

IDM Pharma Inc.’s (IDMI) Childhood Bone Tumor Treatment Gains Positive Review, Marketing Recommendation by European Medicines Agency

Osteosarcoma is a childhood cancer, usually affecting the bones of children and young adults during adolescent growth spurts. Most of the tumors are found in large bones such as the femur, tibia and humerus, though the tumors can occur in any bone. Although fewer than 1,000 new cases are diagnosed in the U.S. each year, the survival rate of children with osteosarcoma has remained at 60-65 percent since the 1980s. IDM Pharma Inc. (Nasdaq: IDMI) concentrates on developing innovative cancer products that destroy cancer cells by activating immunity or preventing tumor recurrence. The company focuses on reaching full therapeutic and…

TuesdayNov 18, 2008 12:06 pm

N-Viro International Corp. (NVIC.OB) Reports 56% Rise in Third Quarter Revenue 

N-Viro International Corp., which handles biodegradable materials and waste and converts it to biofuel, showed a financially stronger company overall in its third quarter report. Revenues and gross profits are up and operating expenses are down for the company that has facilities in 10 states east of the Mississippi and another in Louisiana. Gross profits were up 27 percent from the 3Q in 2007, from $158,000 to $201,000. At the same time, operating expenses decreased 10 percent to $379,000 from $422,000. This, in turn, led to N-Viro’s reduction of operating loss to $178,000, compared to $264,000 at the same time…

TuesdayNov 18, 2008 11:57 am

Inspiration Mining Corporation (ISM.TO) is “One to Watch”

Inspiration Mining Corporation, a junior mining company, owns the rights to 100% interest in 28 unpatented contiguous claims containing 69 units, covering approximately 1090 hectares in Langmuir Township, Porcupine Mining Division, Ontario, Canada. The company also has the rights to 100% interest (less a 5% Net Smelter Return less mining, concentration, etc. expenses) in 31 contiguous lode claims covering 246 ha located approximately 35 km southwest of Salt Lake City, Utah. In addition, Inspiration Mining has the rights to 100% interest in 82 mineral claim units on Vancouver Island near the Pacific Coast in western Canada. Those claims, collectively known…

TuesdayNov 18, 2008 10:56 am

Changing Times Vitamins, Inc.’s (SGTB.PK) Strong Showcase of RecoveryX and Addition of Kevin Nee to the Team

Changing Times Vitamins, Inc. officially launched their new showcased product RecoveryX at the World's Strongest Men Super Series on June 21, 2008, at Madison Square Garden, WaMu Theater. The World's Strongest Men Super Series is run by World Class Events (WCE) which is located in Kista, Sweden. RecoveryX was the Grand Prix Sponsor for the Madison Square Garden event, which included 10 of the world's strongest men. While people became familiar with RecoveryX because of their sponsorship, the product is dominating the “recovery field” which is a field known in the athletic world as an antidote for the exhaustion of…

TuesdayNov 18, 2008 9:48 am

Tri-Star Holdings, Inc. (TSHL.PK) Finds Increased Revenue Potential at Arizona Mining Facility

Tri-Star Gold, a subsidiary of Tri-Star Holdings, Inc. (TSHL.PK), recently announced that its Arizona operation has shown greater gold deposits than were initially estimated. In recent weeks the mining claim COS1 in Salome, Arizona performed a hard dig that garnered ore with a larger percentage of gold in it than the first day’s samples produced. The company plans to dig up to 15 tons of ore before they refine it. This will ensure that the company has a better estimate of the site’s potential. “We are happy with the results and the mineral right of ore we are locating. Larry…

TuesdayNov 18, 2008 9:10 am

China Energy Recovery Inc. (CGYV.OB) Signs Waste-to-Energy Plant Pact, Reports Solid Backlog of Orders for 2009

Difficult economic times often make for strange bedfellows. Environmentalists, long labeled as “fanatics,” are now finding favor as the corporate world discovers environmental efficiencies in manufacturing can actually lead to a better bottom line and cost savings. In past years, when profits were flowing nicely, there was little need to look for new ways of doing business, Now, as the world economy slows to a crawl, companies are searching for any savings they might find. Locating a company that can help in this regard is a solid thought for profit opportunity, making the leap to an environmentalist point of view…

TuesdayNov 18, 2008 6:01 am

MyECheck, Inc. (MYEC.OB) Signs Fortune 500 Company to Its Check 21 Patented Software

Today before the bell, MyECheck announced that Simon Properties Group Inc. (NYSE: SPG), the largest U.S. publicly traded real estate company, signed an agreement to utilize the company’s comprehensive suite of electronic check processing services. Through this agreement, Simon Properties’ customers will be able to use their checking accounts as a method of payment. Simon Property Group, Inc., an S&P 500 company, operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The Mills, community/lifestyle centers and international properties. Currently, the company owns or has an interest in 379 properties comprising 258 million square feet of gross leasable…

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