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MondayFeb 23, 2009 3:36 pm

February 23rd CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCP, CVM, GNBT, ITUI, MWAV, PCFG, PLKH, PSTI, SKYI Trouble in the financial sector was the story of the week yet again as fears of greater than anticipated recessionary pressures affecting Europe helped stoke concerns about our own banking system, leading to precipitous declines in all of the major indices on the week. All told, the Dow ended down 484 points, losing 6.2% on the week to close at 7365, a new five year low, bringing its YTD loss to 16.1%. The Nasdaq fared no better, posting a 6.1% loss to…

MondayFeb 23, 2009 1:12 pm

Bald Eagle Energy, Inc. (BEEI.OB) Up 31.15%!

Bald Eagle Energy, Inc. (BEEI.OB) is one of our featured companies and today the stock closed at $0.16 for 31.15% gains in just one day! The stock traded as high as $0.185 during the morning trading hours. Volume for the day totaled 375,432, which was significantly higher than the 10-day average of 55.9 thousand. The company caught the attention of many stock newsletters including: Willy Wizard, The Sandman, The Bull Report, Street Insider, Street Authority, Stocks Journal, StockEgg, Stock Upticks, Stock Stars, Stock Research Newsletter, SpeculatingStocks, Small Cap Investor, SeriousTraders, Penny Pic, OTC Picks, OTC Advisors, Newsletter Advisors, Investment House,…

MondayFeb 23, 2009 12:14 pm

NOVA Chemicals Corp. (NCX) to be Acquired for $6.00 a Share

Today, NOVA Chemicals and International Petroleum Investment Company announced that they have signed an acquisition agreement. As terms of the agreement, International Petroleum Investment Company would acquire NOVA Chemicals for a cash consideration of US$6.00 per share. “This acquisition will provide enhanced balance sheet strength for NOVA Chemicals and facilitate NOVA Chemicals’ growth internationally. We can provide stability and allow NOVA Chemicals to meet its operational and financial requirements while continuing to expand and invest in its business,” commented Managing Director and Board Member, IPIC, H.E. Khadem Al Qubaisi. “We believe the cash consideration under the Arrangement is very attractive…

MondayFeb 23, 2009 10:59 am

PureSpectrum, Inc. (PSPM.PK) is “One to Watch”

PureSpectrum, Inc. is a technology company that developed patent-pending ballast and dimming technology for artificial lighting. Headquartered in Savannah, Georgia, the Company is focusing on encouraging the adoption of energy efficient lighting solutions through superior performance. PureSpectrum's technologies represent a breakthrough in power conversion circuitry. The Company believes their solutions have the potential to speed up the evolution and acceptance of fluorescent lighting. PureSpectrum’s technologies enable enhanced functionality in ballast driven lighting applications, including addressing energy efficiency in linear fluorescents. Their technologies have many capabilities such as dimming, light quality, color quality and ignition, and illumination delays. The company’s patented…

MondayFeb 23, 2009 9:02 am

Hunt Gold Corp. (HGLC.PK) Continues Stock Purchase Campaign

Hunt Gold Corp. announced today that its Joint Venture Company, formed to acquire HGLC shares as a short to medium term investment, acquired an additional 425 million shares at a price of $0.0001. Total purchases to date by the Joint Venture Company now total to 3,028,863,000 shares. Joint Venture Company's purchases have substantially reduced the total of Common Stock being offered in the market. The Joint Venture Company and the Company's Management currently believe that they won’t be unable to purchase additional shares in "off the market" transactions since they have been unable to attract any further Sellers at these…

MondayFeb 23, 2009 8:37 am

Bald Eagle Energy (BEEI.OB) Has a Focused Management Team

Bald Eagle Energy, Inc., (BEEI.OB), a growing oil and gas exploration company, credits its success to a tightly knit group of seasoned business and industry veterans, all of which are focused on efficiency. The company builds shareholder value with a business model that stresses reduced capital expenditures, which includes taking care to hire the best rather than the many. Heading the company’s minimized management team are two internationally known business professionals: • Andrew S. Harper, CEO, has an extensive petroleum geology background, with nearly 30 years of international oil and gas exploration and development experience, including 21 years with industry…

MondayFeb 23, 2009 8:32 am

Axial Vector Energy Corp. (AXVC.PK) Provides Update on Current Standing

Axial Vector Energy Corp. today updated the investment community with recent developments concerning its business. Two days ago, the company was told its Credit Agreement from its primary lender, Emirates International Capital Advisory, was cancelled. Consequently, current plans and related expenses on listing the equity on a higher market have been temporarily delayed. However, the company has been negotiating with perspective new investors who have already agreed to subscribe to a new private placement, which would allow continuation and completion of bringing the company’s engines and generators to market. A bridge loan of $110,000 has already been received and transferred…

MondayFeb 23, 2009 8:13 am

BWI Holdings, Inc. Signs a Five Month Contract With EPCOR

Jim Can, CEO of BWI Holdings, Inc. (OTCBB: BWIH), operating as Budget Waste Inc., is pleased to announce the signing of a five month contract with EPCOR Water Service Inc. (EWSI) commencing February 23, 2009. The contract includes hauling of biosolids from the Taber Wastewater Treatment Plant and disposal at the Bowden Institution composting facility, Innisfall, AB. BWI has customized containers and a specialized roll-off truck to service the agreement. The Bowden Institution has embarked on an aggressive composting program resulting in a continuous reduction of landfill utilization. It is a founding member of the Composting Council of Canada's Compost…

MondayFeb 23, 2009 8:12 am

Mitek Systems Inc. (MITK.PK) to Showcase Innovative, Wireless Banking Solutions at BAI TransPay in San Diego

Innovative image technology company Mitek Systems Inc. today announced it will exhibit the capabilities of its ImageNet Mobile Deposit in collaboration with the mFoundry mobile banking application on an iPhone at BAI TransPay. The ImageNet Mobile Deposit allows bank customers to deposit checks from their camera-equipped mobile phone, directly into their banking accounts. This offers the ultimate level of convenience for bank customers, as well as easy access to their funds. The mFoundry mobile banking platform allows for quick account information such as transfers, bill payments and branch or ATM locations, all from the customer’s mobile phone. "Offering ImageNet Mobile…

MondayFeb 23, 2009 8:10 am

White House Holds Summit to Discuss Fiscal Plans

About 130 Congress members, independent experts, and advocacy group members will converge on the White House today to address the fiscal health of the United States. The summit is the first step in President Obama’s administration to prioritize plans on how to cut the deficit in half to $533 billion by the end of his first term. Senator Judd Gregg said, “It can either be a nice press event. Or it can be a substantive event.” Gregg indicated that in past meetings participants have focused on rehashing problems rather than staying focused on how to solve the problems. One solution…

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