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WednesdayNov 12, 2008 5:26 am

Lake Victoria Mining (LVCA.OB) Brings on Michele Ashby to Board of Directors

Lake Victoria Mining is focused on the rich underdeveloped gold reserves in Tanzania. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa, behind South Africa and Ghana. Lake Victoria Mining Company, Inc. currently holds an eighty percent ownership interest in the Kalemela Gold Project. Up to 15% of Africa's exploration expenditure has been spent in Tanzania, which is thought to have Africa's largest gold reserves, after South Africa. The company announced the addition of Michele Ashby to their Board of Directors. Ms. Ashby is the founder, owner and Chief Executive…

WednesdayNov 12, 2008 5:19 am

Universal Bioenergy, Inc. (UBRG.PK) – Lowering Costs to Make Biodiesel for America

Universal Bioenergy, Inc. is focused on making biodiesel fuels. Biodiesel is a diesel-equivalent processed fuel derived from biological sources such as vegetable oils or fatty animal products. Once processed, it can be used as a replacement fuel in unmodified diesel-engine vehicles. It is clean-burning and is renewable. Exhaust from automobiles that run on biodiesel tends to smell a little like French fries. Biodiesel typically produces up to 78% less net lifecycle carbon dioxide emissions than petroleum-based diesel. So, the fuel is all around good for the environment. The company announced yesterday that they have negotiated two process technologies that may…

WednesdayNov 12, 2008 5:13 am

Trico Marine Services, Inc. (TRMA) – Supporting Offshore Drillers Worldwide

Trico Marine Services, Inc. is a provider of marine support vessels to the offshore oil and gas industry, operating primarily in international markets, with operations in the North Sea, West Africa, Mexico, Brazil and Southeast Asia, as well as in the Gulf of Mexico. With their fleet of vessels, Trico provides a broad range of services to offshore oil and gas operators, including transportation of drilling materials, supplies and crews to drilling rigs and other offshore facilities and towing of drilling rigs and equipment from one location to another. Greg Williams, an analyst at Al Frank, believes that "Trico has…

WednesdayNov 12, 2008 5:11 am

How Will the Market Fare Under Democratic Rule?

A Fidelity study that took stock market performance trends since 1948 found some remarkable trends. Presidential election calendar years have historically experienced solid stock returns. Since 1948, election years presided over by a Democratic administration saw an average market return of 15.4%. When Republicans were in power, the average return was 11.4%. Performance in years of Republican and Democratic presidential electoral victories rated Republicans at 12.5% and Democrats at 14.0%. This presidential cycle is unique because of the sweeping victories for the Democrats in both the House and Senate. According to Ned Davis Research, between 1901 and 2006, the market…

WednesdayNov 12, 2008 5:07 am

Oxygen Biotherapeutics, Inc. (OXBO.OB) Demonstrates Animal Model Improvement with Oxycyte®

Oxygen Biotherapeutics, Inc. is a pharmaceutical company dedicated to oxygen therapies and continuous substrate monitoring. For those unfamiliar with oxygen therapies, it refers to products that mimic human blood's oxygen transport ability. Oxygen therapeutics are in turn broken into two categories based on transport mechanism: perfluorocarbon based, and hemoglobin based. The Company has under development a perfluorocarbon therapeutic oxygen carrier and liquid ventilation product (Oxycyte®) and an implantable glucose sensor. Oxycyte®, once commercialized, may help patients recover from traumatic brain injury, sickle cell crisis pain, trauma, wound care, acute respiratory distress syndrome, stroke, myocardial infarction, surgery, and diabetes. Yesterday the…

WednesdayNov 12, 2008 5:04 am

TRX Inc. (TRXI): Traveling Towards Profits in Your Portfolio?

TRX develops and hosts software applications to automate manual processes and track transaction data in the travel industry. Its suite of products and services that comprise TRAVELTRAX provides reporting through a Web-based data reporting tool; CORREX, which enables automated quality control, file finishing, and electronic ticketing, including low fare searches, seat assignments, upgrades, and alternate route and carrier searches. The company's TRANXACT tool handles various activities for its clients, including exchanges, refunds, waivers and split payments, commission management, fare loading, document distribution, debit memo processing, and back office hosting and settlement TRX's customers include travel agencies, corporations, travel suppliers, government…

WednesdayNov 12, 2008 5:00 am

Applied Micro Circuits Corp. (AMCC) Pushes the Limits of 10GB-Per-Second Connectivity

Applied Micro Circuits Corp. (AMCC) is presenting its advanced technology at the electronica 2008 conference, which started Tuesday. AMCC, headquartered in Sunnyvale, Calif. will for the first time demonstrate its 10 Gbps ethernet backplane connectivity and advancedTCA reference design at Europe's largest technology trade fair in Munich, Germany, Nov. 11-14. 10 Gbps Ethernet technology will show how backplane signaling can be implemented in ultra-high-speed systems through the Molex GbX I-Trac reference backplane. As well, AMCC will demonstrate its data storage system. The "Arches AMC Form Factor Advanced TCA reference design kit" features dual AMCC PowerPC 460GT processors. “The data rate…

TuesdayNov 11, 2008 12:54 pm

Weekend Summit Draws Near – Direct Aid from China Not Expected

This weekend, leaders of twenty of the world's major economies will convene in Washington, DC to discuss a coordinated response to the current troubles hounding global economic communities. Although for a time it was thought that China might use a portion of its $2 trillion reserve to aid a battered U.S. economy, China has indicated that its intent is to "put our own house in order". Chinese officials have expressed the belief that a strong domestic economy is key in stabilizing global economies. Let us hear your thoughts below:

TuesdayNov 11, 2008 12:52 pm

Oil Dips Below $60 – Gasoline Still Headed Down

For the seventeenth week since July 4th, retail gas prices fell as crude oil saw its lowest price in twenty months. While the national average at the pump is at $2.22, some Americans saw prices approaching $1.50. The average price per gallon has fallen more than thirty percent in the last thirty days. Meanwhile, on the NYME, light sweet crude for December delivery has fallen to $59.40 a barrel, and continues to trade erratically. A report from the International Energy Agency is expected in just two days' time, which many experts predict will cut its forecast for 2009 oil demand…

TuesdayNov 11, 2008 12:51 pm

Government to Troubled Homeowners: ‘Help is on the way’

In the most pronounced effort yet to aid ailing homeowners, the government and the mortgage industry are working together to expedite the process of restructuring the terms of hundreds of thousands of defaulted mortgages now held by government loan agents Fannie Mae and Freddie Mac. The two companies, now operated by the Federal Housing Finance Agency, intend to implement the new plan on December 15th. At this time, officials are unable to provide the exact number of how many will qualify for the program. Let us hear your thoughts below:

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