Blog - Page 4092 of 5497

FridayJan 16, 2009 5:45 am

Stay on the Look Out for Axial Vector Energy Corp. (AXVC.PK) Acquisitions

In September of last year, Axial Vector Energy Corp. announced that it had formed a wholly-owned subsidiary solely focused on acquisition. The new subsidiary, AVEC Strategic Acquisitions Corp., is led by Mr. Sanjai Chhaunker, the President and CEO of Axial Vector. Mr. Sanjai is working alongside Mr. Behzad Khakouei, Director of Strategic planning at AVEC. Mr. Chhaunker, stated, “Our strategic plan calls for acquiring businesses that complement our core technology and allow our revenue stream to grow more rapidly. With the proper structure and financing now in place, we will proceed to finalize our discussions on companies that we have…

FridayJan 16, 2009 5:26 am

Hunt Gold Corp. (HGLC.PK) Enters Agreement to Sell “Lookout Silver Mine”

Today, Hunt Gold announced that it is disposing of its “Lookout Silver" Mine. According to the press release, the company is in the process of staking additional claims surrounding the mine and is selling the entire package. The decision to sell the assets was made to allow Hunt Gold to maintain an exclusive focus on its Gold Mining interests and obtain additional funds to finance the massive expedited exploration and drilling campaigns currently underway. The $65 million in proceeds from the sale of the "Lookout Silver" Mine package are being retained by the Company. Hunt Gold anticipates the conclusion of…

ThursdayJan 15, 2009 6:04 pm

Sector 10, Inc. (SECT.OB) and Kraig Biocraft Laboratories, Inc. (KBLB.OB) Close Thursday’s Trading Session with Large Gains

Sector 10, Inc. (SECT.OB) continued to trend towards higher prices today, closing at its high of day at $0.09, up 28.57% from yesterday's close. Since we featured the company in early December, the stock has risen 450%! Kraig Biocraft Laboratories, Inc. (KBLB.OB) also did extremely well, posting 185.71% gains by the end of the trading day. Over 71,000 shares were traded today, substantially higher than the 3-month average daily volume of 3,175. Continue to watch these two companies as continue to outperform the market and aim for even greater heights!

ThursdayJan 15, 2009 12:04 pm

Nexia Holdings, Inc. (NXHD.OB) Expresses his Insights Regarding Current Economic Environment

Today, Nexia Holdings, Inc.'s CEO Richard Surber shared his thoughts regarding current economic issues and the opportunities available to the company. Below we have copied his letter to Nexia shareholders. Dear Shareholders: Over the past few months I have been tuning into many financial news programs, financial blogs historical documentaries and reading as much as I can. This is in an effort to figure out how to take advantage of the tremendous bargains that are becoming available in today's marketplace. Nexia, like many other companies, has limited cash and very little available credit. Nexia is relatively small and our team…

ThursdayJan 15, 2009 11:26 am

Good News! Liquor Group Sales are Up Despite Soft Economy

In the financial world, there is not much good news to report on these days; however we do have something good in this weeks report! Liquor Group Wholesale (OTCBB: LIQR) advises that period over period product sales are up across almost all 31 US states where it represents more than 1700 alcohol beverage brands; however Idaho, Montana, Oregon, Pennsylvania, Washington and Wyoming sales are up by triple digits over the same period last year. These large increases in sales excluded the back orders for sales generated but not filled from various suppliers that hit shelves in December, which will push…

ThursdayJan 15, 2009 10:07 am

House Democrats Propose $825 Billion Stimulus Bill

Today it was announced that House Democrats, working closely with President-elect Barack Obama, have proposed an $825 billion stimulus bill to revive the waning economy. The legislation calls for tax cuts of $275 billion over the next two years and federal spending of approximately $550 billion with strong emphasis on energy, education, health care and highway construction. "Immediate job creation and continuing job creation" are the two main goals, Speaker Nancy Pelosi, D-Calif., said at a news conference. The number of those jobless has risen sharply in recent months, and Obama has warned the jobless rate could reach double digits…

ThursdayJan 15, 2009 9:37 am

Atmel(R) Corp. (ATML) Receives Product of the Year Award from Electronic Products Magazine

Atmel(R) Corp. announced this morning that its XMEGA(TM) microcontroller was awarded the 2008 Product of the Year by Electronic Products' Magazine. The editors of Electronic Products selected XMEGA(TM) for its unique ability to provide unparalleled high performance while operating at a low power level. This was accomplished by utilizing proprietary event management circuitry that provides the highest speed-power ratio for today's 8/16-bit microcontrollers. Jim Harrison, editor of Electronic Products, stated that the magazine team felt the AVR(R) XMEGA processor was very innovative and, for many applications, brought the performance level of the 8-bit CPU up to an entirely new level.…

ThursdayJan 15, 2009 9:28 am

Javelin Pharmaceuticals, Inc. (JAV) Inks $71 Million European Commercialization Partnership

Javelin Pharmaceuticals, Inc. announced today that it has signed an exclusive European marketing partnership for Dyloject(R) (diclofenac sodium for injection) with Therabel Pharma N.V. ("Therabel"). The contract could be worth up to $71 million in upfront, sales, and regulatory milestone payments plus a double digit royalty on future sales. "Partnering Dyloject in Europe bolsters our financial resources and extends our cash until 2010 before achieving future milestones and potential additional product partnerships. We are retaining significant upside in Dyloject's future EU growth with a high quality marketing partner while eliminating our European commercialization expenses," stated Martin Driscoll, Javelin's CEO. He…

ThursdayJan 15, 2009 8:27 am

Enterprise Oilfield Group Inc. (TSX: E) is “One to Watch”

Enterprise Oilfield Group Inc. is a pipeline construction and horizontal directional drilling company with a primary focus on Alberta, Canada’s oilfield and utility infrastructure markets. The company's pipeline construction service targets small diameter pipeline construction projects, primarily on producing oil and gas fields. The utility infrastructure & directional drilling business provides installation of underground power, telecommunications and natural gas lines to the utility infrastructure sector. Since its inception, Enterprise Oilfield Group has maintained its focus to be the largest, most comprehensive pipeline construction and maintenance company in Alberta. The company is now implementing a strategy of acquiring and consolidating small…

ThursdayJan 15, 2009 7:20 am

Hunt Gold Corp. (HGLC.PK) Announces Acquisition of Additional Mines and Stakes 26 Lode Mining Claims

In addition to announcing the completion of its January drilling campaign, Hunt Gold also announced this morning that it has acquired an additional 26 lode mining claims at its "Mockingbird" Gold property in Arizona. Collectively, the lode mining claims cover 520 acres, which is close to a square mile of land. Hunt Gold Corporation's CEO Mike Saner stated, "We are very excited by the great start to our 'Mockingbird' Gold Project and the huge opportunity that this project represents for the company and its shareholders. We are investing in the company's leading Mining property in its portfolio and fortifying its…

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