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WednesdayJul 29, 2009 9:18 am

Cobra Oil & Gas Company (CGCA.OB) Completes Deal with Enercor, Inc. on Utah Oil Sands Project

Cobra Oil & Gas Company, a publicly traded independent oil and gas exploration and production company headquartered in Houston, Texas, recently announced that the company has finalized a transaction to purchase a 40 percent working interest on the Utah Oil Sands Project in Uintah County, Utah from Enercor, Inc. The initial letter of intent included only a 20 percent working interest for $4 million worth of common stock and $1 million in cash. According to the terms of the deal, Cobra Oil & Gas Company will pay $4 million in common stock on the initial closing date, which is 10…

WednesdayJul 29, 2009 9:13 am

eDOORWAYS Corp. (EDWY.PK) Officially Establishes Its Headquarters in Austin, Texas

eDOORWAYS announced today that it has officially opened its U.S. headquarters in Austin, Texas. The company’s plan to soft launch the "SOLVE" doorway is currently underway in their city. According to the press release, eDOORWAYS has long envisioned that its Consumer 3.0 platform would have its roots planted in Austin. The company also announced that it has joined the Austin Chamber of Commerce. eDOORWAYS believes that the initiative will help quickly establish a strong presence within the local job market. Currently, the company is in the process of engaging a local recruitment specialist to assist with staffing requirements. With the…

TuesdayJul 28, 2009 4:14 pm

Solanex Management Inc. (SLNX.OB) Announces QualityStocks Coverage

Solanex Management, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Solanex Management, Inc. is focused on developing, manufacturing and selling the Thermal Destructor; developing, manufacturing and selling the portable Steam Injection System; and investing in other viable business opportunities. Solanex Management is also analyzing and searching for synergistic business opportunities that will allow the company to…

TuesdayJul 28, 2009 4:07 pm

Consorteum Holdings, Inc. (CSRH.OB) Subsidiary Introduces a New Rewards Program for Golfing Industry

Consorteum Holdings, Inc.’s majority-owned subsidiary, My Golf Rewards Canada Inc., announced the launch of a revolutionary loyalty, rewards and retention program for the North American golf industry. The program is designed to increase revenues and profits opportunities, while decreasing costs of operating a traditional coupon-based discount program. The program will also enable golf courses to establish long-term relationships with their members and directly market to the golfers’ preferences. My Golf Rewards will utilize Fidelisoft Inc.’s software technology to offer the loyalty, rewards and retention program to the North American Golfing industry. The technology allows cardholders to instantly receive and redeem…

TuesdayJul 28, 2009 3:04 pm

American Energy Group Ltd. (AEGG.OB) Explores the Frontier in Pakistan

American Energy Group Ltd. is an oil and gas exploration company with non-operated interests in Pakistan. The company has an 18% overriding royalty in Block #2768-7 of the Yasin Concession in the Haseeb Gas Field, which is located 230 miles northeast of the port city of Karachi, Pakistan. The Yasin concession totals more than 536,000 acres and is a prolific natural gas producing area of Pakistan. The block that American Energy Group Ltd. has an interest in already has several producing and commercial wells. Hycarbex-American Energy, its partner in the block, has spent millions over the last decade to explore…

TuesdayJul 28, 2009 1:27 pm

Getfugu, Inc. (GFGU.OB) Announces Anticipated Launch of Exclusive Next Generation Mobile Search Tool

Getfugu Inc., a technology company focused on developing mobile search tools, announced late this morning that it will soon be releasing its unique new mobile search tool that enables consumers to bypass typing in URL's on their mobile phones by offering four unique services: See It, vision recognition (ARL); Say It, voice recognition (VRL); Find It, location recognition (GRL); Get It, Hot-Spotting. September 9, 2009 is the anticipated launch date. David Warthen, Chief Technology Officer of Getfugu, stated that the technology allows consumers to experience the Internet on cell phones in “an entirely new way.” Camera cell phones installed with…

TuesdayJul 28, 2009 1:13 pm

Reed’s, Inc. (REED) Announces Addition of New Business Line and Expansion of Revenue Opportunities

Reed's, Inc. announced this morning that it has established a new line of business that will utilize the company’s existing bottling operation to discover opportunities that are non-competitive with current product lines. The company believes the new business venture will substantially increase revenues and improve gross profit. "We have increased efficiencies and created additional available line time within our brewing and bottling operation," stated Mr. Chris Reed, Founder and CEO of Reed's, Inc. "In essence, we've tooled up our plant to a point where we have created about three to four thousand additional hours a year of line time to…

TuesdayJul 28, 2009 12:02 pm

Associated Estates Realty Corporation (AEC) Reports Strong Funds from Operations

Associated Estates Realty Corporation (AEC) released its second quarter 2009 earnings report and reported strong Funds From Operations (FFO) of $0.33 per share, down marginally from the $0.34 reported in the same quarter last year. Its net income was $0.62 per share. Investors tend to focus on FFO since GAAP net income contains many non-cash items. Although Associated Estates Realty Corporation is profitable; it is seeing the effects of the recession in its footprint. The company said that its occupancy rate was 95.4% at the end of the second quarter, compared to 96.3% in the same quarter last year. Average…

TuesdayJul 28, 2009 11:12 am

Pro-Tech Industries, Inc. (PTCK.OB) Subsidiary Secures Approximately $1.3 Million in Additional Contracts for 2009

Pro-Tech Fire Protection Systems Corp., a wholly owned subsidiary of Pro-Tech Industries, Inc. and provider of design-build services for the fire protection, alarm and detection, telecommunications, network services, flooring and electrical contracting industries, recently announced that the company has secured new contracts totaling approximately $1.3 million for its fire protection business unit. Management anticipates that the revenues from the new fire protection work will be approximately 80 percent realized by the end of the second quarter 2010. Sean McGuire, president of Pro-Tech’s fire protection division, commented, “I am very pleased with our efforts that have allowed us to continue to…

TuesdayJul 28, 2009 11:11 am

Savoy Energy Corp. (SNVP.OB) Answers Questions about Eagleford Shale Formation

Savoy Energy Corporation, the Texas-based oil and gas company focused on bringing old well sites back to life, is actively working the Texas Cretaceous Trend, the largest single pool field in Texas. The company has a special interest in the Eagleford Shale Formation, which has a history of long-producing wells, and holds a number of properties in the Gonzales County area of southern Texas. Savoy feels it can pull from 5,000 to as much as 140,000 barrels from a single vertical well. In response to investor inquiries, Savoy has addressed the most frequently asked questions regarding their plans for Eagleford.…

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