Blog - Page 4021 of 5548

WednesdayJun 24, 2009 10:15 am

Savoy Energy Corp. (SNVP.OB) Inks LOI to Create JV for Oil Exploration

Savoy Energy Corporation announced earlier today that it has signed a Letter of Intent (LOI) with Masi Corp Holdings Limited to create a Joint Venture (JV) in Fiji. The joint venture/partnership would be designed to license properties in Fiji for Oil Exploration and drilling rights. According to the press release, the Pacific Islands Applied Geoscience Commission's report "Fiji Petroleum Data Package" states: "Over twenty structural reefal traps have been identified on the seismic lines in the Late Miocene and Pliocene sequences, mostly in Bligh Water Basin. Estimates of potential un-risked recoverable reserves are 270 million barrels of oil (mmbo) per…

WednesdayJun 24, 2009 10:14 am

Consorteum Holdings Inc. (CSRH.OB) Led by a Strong Management Team

Consorteum Holdings Inc. (OTCBB: CSRH) is a company in the financial services, payment and transaction processing industries. The company provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector firms. Consorteum's management and consulting team brings over 70 years of experience in the financial services, payment and transaction processing industry. Here is the team: Craig Fielding, CEO and director – In January 2006, Mr. Fielding co-founded Consorteum. He brings over 19 years of business management experience including 11 years with Xerox in a number of sales roles. Mr. Fielding has also successfully developed consulting…

WednesdayJun 24, 2009 10:12 am

IC Places, Inc. (ICPA.OB) Opens New Revenue Stream, Adding 39,000 US Theaters, Show Times and Movie Tickets Sales to Its Websites

IC Places, Inc. (ICPA.OB), the owner and operator of 350 U.S. city websites at www.icPlaces.com which offer a virtual keyhole view of life in each community, recently announced that the company has partnered with CinemaSource to offer show time information and movie tickets on its websites. In 2008, movie ticket sales climbed to $9.6 billion in the U.S. and Canada and to $26.7 billion globally, both generating 5 percent increases, according to a recent LA Times article. Under the terms of the agreement, CinemaSource will provide IC Places with theater and show time information for 39,000 U.S. theaters, and will…

WednesdayJun 24, 2009 10:11 am

Axial Vector Energy Corp. (AXVC.PK) To Host Technology Open House

Axial Vector Energy Corp. extended an open invitation to all AVEC shareholders, engine manufacturers, environmental groups, and state and local officials to their Open House Technology Presentation on July 14, 2009. AVEC’s open house, designed to demonstrate the potential for enormous energy savings, will showcase new breakthrough technology, including the world’s first engine capable of running on both “Palm Oil” and electric motors that are capable of 98% efficiency. Both engines will be demonstrated at the event. The event also aims to augment the initiatives of the Obama Administration in its endeavors toward saving energy, and "A Smarter and Greener…

TuesdayJun 23, 2009 1:07 pm

Avalon Oil & Gas Inc. (AOGN.OB) Expands Ownership of Grace Wells through Acquisition of Bedford Energy Assets

Avalon Oil & Gas Inc. is an oil and gas investment company focused on the acquisition of producing properties and the development of oil production-enhancing technologies. In accordance with its business strategy, the company recently announced a letter of intent to acquire all of Bedford Energy Inc.’s oil and gas producing assets. Said assets are located in the East Chandler Field, Lincoln County, Okla., and increase Avalon’s current interest in the Grace #2 well, which it acquired in June 2008. Per the agreement, Avalon will also acquire working interests in Grace #s 1, 3, 5A and 6 wells. Avalon’s Grace…

TuesdayJun 23, 2009 1:05 pm

The UpTurn, Inc. (UPTR.PK) Aided by a Strong Board of Advisors

The UpTurn Inc. is developing an innovative online real estate matchmaking exchange where residential real estate participants are matched with each other based on their individual profiles and intended roles in the market. The company intends to serve all participants in the residential real estate industry. The company is being aided in achieving its goals by a highly competent board of advisors who have a wide range of experience and skill sets. The UpTurn's board of advisors includes: Karen Webster – Ms. Webster is president of Market Platform Dynamics. She serves as an advisor and member of the board for…

TuesdayJun 23, 2009 8:54 am

Energtek, Inc. (EGTK.PK) Finds Itself On Top Of a New Industry

Energtek, Inc., leading developer of Adsorbed Natural Gas (ANG) technology for efficient containment of natural gas, has the solution to a problem that has plagued many countries, especially in Asia, for years. The company has developed a way to successfully convert millions of 2- and 3-wheeled motorized vehicles to clean burning natural gas at an acceptable cost, and they are now getting an enthusiastic go-ahead to begin the conversion process, which could go on indefinitely and result in a huge and continuous revenue streams for Energtek. Energtek’s system is called CNG LiteTM, and represents a revolution in the storage and…

TuesdayJun 23, 2009 8:49 am

Sally Beauty Holdings Inc. (SBH) Finds Stability in Beauty Products

Even in difficult economic times, there are certain things that consumers will not give up. Food can always be substituted for at a lower cost, but some items or traits cannot. Vanity is one of these traits, and will always be one of the last sacrificed in the face of a money crunch. If a company can offer a mix of products to capitalize on this human frailty, it will have found a solid way to capitalize in a distressed economy. Sally Beauty Holdings Inc., a retail and professional beauty products company, offers retail products under several national brand names…

TuesdayJun 23, 2009 8:47 am

Green Planet Bioengineering Co., Ltd. (GPLB.OB) Delivers Stronger Than Expected Operating Income and Profit for 2008

Green Planet Bioengineering Co., Ltd. (GPLB.OB), a high-tech bioengineering enterprise that engages in the research and development, production and sale of various extracts from the residue of tobacco leaves to be used in health and beauty products, recently announced stronger than expected 2008 year-end results with positive outlook for 2009. In 2008, the company’s revenue grew 29 percent to $10.4 million compared to $8.1 million for year-end 2007, and net income increased 25 percent to over $3.3 million versus $2.7 million for 2007. As a leading bioengineering enterprise dedicated to creating high-quality chemical intermediates and innovative downstream health products that…

MondayJun 22, 2009 3:44 pm

June 22nd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CNLG, CVM, DKAM, ENZ, ICLK, IMUC, ITUI, Investors paused this week, skimming profits from the aggressive three month rally that has seen markets post impressive gains from the March lows. All of the major indices finished in negative territory for the first time since early May, with the Dow leading the way with a 2.9% decline, surrendering 259 points to end the week at 8539, down 2.7% on the year. The Nasdaq finished down 1.7%, closing at 1827, up 15.9% on the year, while the S&P 500 and Russell 2000 finished…

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