Blog - Page 4050 of 5592

TuesdayJul 14, 2009 10:18 am

How Bad is the Economy and Where are We Headed?

In the most recent unemployment numbers, it was reported that approximately 467,000 jobs were lost in June, totaling to 7.2 million people since the start of the recession. The job losses now equal the net job gains over the previous nine years, making this the only recession since the Great Depression to wipe out all job growth from the previous upward cycle. There are a number of reasons we are in more trouble than the 9.5% unemployment rate indicates. For starters, at least 1.4 million people who wanted or were available for work were not counted since they didn’t search…

TuesdayJul 14, 2009 9:17 am

Booking More than Rooms with Roomlinx, Inc. (RMLX.OB)

Boosting the economy is one of our country’s main concerns right now. By taking further advantage of computers and modern technology, we can now network and advertise in ways that weren’t possible just ten years ago. Technology continues to offer companies new ways to assist customers with helpful and efficient ways to make their lives easier. Interactive cyberspace marketing more or less began with Amazon, then EBay, and took off from there. Now, all fields and markets are on line in one form or another. They focus in the key areas that can build their business. Boasting user friendly, state…

TuesdayJul 14, 2009 9:10 am

IDO Security, Inc. (IDOI.OB) Expands Presence in Southeast Asia with Multi-Unit Order of MagShoe™ in Vietnam

IDO Security, Inc., a designer, developer and marketer of the patented, UL-certified MagShoe™ weapons metal detection system, recently announced a multi-unit order with a major security products distribution specialist based in Vietnam. The company’s innovative “shoes-on” weapons metal detection system provides thorough scanning of the lower body and feet and will be shipped to major airports across Vietnam, as part of an initiative to increase travel safety measures. The company currently has MagShoe™ installations, which instantly and accurately detects weapons and metal items concealed in footwear, in the Asian market, including India, China and Hong Kong. This new agreement in…

TuesdayJul 14, 2009 8:51 am

MyECheck Reaches Profitability in Unaudited Second Quarter Financial Results

MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that it operated at a profit in both the months of May and June, 2009. Revenue in the second quarter 2009 was approximately 38% higher than in the first quarter 2009, and approximately 110% higher than the second quarter 2008. Management notes that revenue in the second quarter does not yet reflect most of the larger clients signed in the past several months that are expected to start generating revenue for the company in the third quarter of 2009. California State Teachers…

TuesdayJul 14, 2009 8:22 am

Reed’s Inc. (REED) Announces Expansion from 50 Stores to 154 Weis Market Stores

Reed's, Inc. announced this morning that it has expanded its relationship with Weis Markets (NYSE: WMK). The company’s products will now be sold in all 154 Weis stores and will include an additional product. Weis Markets is a regional grocery chain headquartered in Sunbury, PA. "Weis Markets is an important regional grocery retailer for Reed's," commented Neal Cohane, Senior VP of Sales & Marketing. "The most important element of this expanded relationship is the movement of the product from the 'specialty/natural' aisle into the main beverage aisle. This will give Reed's and Virgil's substantial increased visibility and competitive pricing." Mr.…

MondayJul 13, 2009 3:06 pm

July 13th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CBAI, CVM, EMDH, ICLK, IWEB, SIHI, SVUL Markets resumed their sell off for the fourth consecutive week as trepidation surrounding upcoming earnings reports and continued concerns regarding economic recovery turned many investors into cautious spectators. All told, the Dow ended the week down 1.6%, surrendering 134 points to close at 8146, down 7.2% on the year. The Nasdaq lost 2.3% on the week to close at 1756, trimming its YTD gains to 11.6% while the S&P 500 and Russell 2000 fell by 1.9% and 3.3% respectively, bringing their yearly losses to…

MondayJul 13, 2009 2:50 pm

Majic Wheels Corp. (MJWL.OB) Climbing the Walls as Prototype Nears Completion

Long gone are the days when remote-controlled toy cars got hung up on rocks, smacked into a wall, or rolled over because of a crack in the sidewalk. As technology advances at a rapid pace for every industry under the sun, toys are not to be left out. Majic Wheels develops radio-controlled toy cars centered on patented climbing device technology that will forever change the landscape for toy cars, raising the bar for remote-controlled toys. Majic Wheels, as the name implies, is working on the development of a wall and ceiling climbing toy car. On track for its mission to…

MondayJul 13, 2009 2:48 pm

Bio-Solutions Corp. (BISU.OB) Adds Malaria Insecticide to Product Portfolio

Bio-Solutions Corp. focuses on veterinary care and organic dietary supplements for livestock and domestic animals. The company announced last week it will market an organic insecticide to combat Malaria. GreenExTM is available in solid or liquid form, and works by neutralizing and eradicating up to 98 percent of mosquito larvae within a 24-hour period. Malaria is a life threatening disease, infecting more than 250 million people each year and killing more than 1 million children under the age of five each year. The disease isn’t geographically restricted, but thrives in tropical and subtropical regions. According to the company, GreenExTM can…

MondayJul 13, 2009 2:02 pm

Precision Petroleum Corp. (PPTO.OB) is “One to Watch”

Precision Petroleum Corporation is an independent energy company engaged in the acquisition, exploration, and development of oil and natural gas properties in North America. Trading on the OTCBB, the company's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. In addition, they look to define larger projects that can undergo development with Joint Venture partners. Precision Petroleum Corporation entered into a joint venture agreement that grants the company first right of refusal on a Montana based Oil, Gas and Coal property. The focus of Phase 1 of this…

MondayJul 13, 2009 1:58 pm

Consorteum Holdings, Inc. (CSRH.OB) Led by an Exceptional Management Team

Consorteum Holdings Inc. is a company in the financial services, payment and transaction processing industries. The company's services provide clients with customized, innovative technological, right source solutions that create, augment and enhance existing payment and transactional processing systems. Consorteum Holdings has assembled their management team with great care. This dedicated management team brings together a wealth of knowledge in the financial, payment and transaction processing industries. The team also brings over a century of high-level expertise that will be used to lead the company in the future. CEO and Director Craig Fielding has nearly two decades of business management experience.…

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