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TuesdaySep 16, 2008 12:44 pm

Oil Drops to $92 Amid Financial Fiasco

As a result of tapered demand, oil fell to around $92 on Tuesday. Fears have been fueled by the current economic crisis affecting many of the nation's financial giants, previously imagined to be infallible. From a retail perspective, nearly all Gulf oil production remains shut down as hurricane season wears on, keeping prices at the pumps above $3.85 a gallon. Experts warn that with so many factors playing into the equation, demand could continue to drop. Since July 11th, the price of crude oil has decreased by more than one-third. Let us hear your thoughts below:

TuesdaySep 16, 2008 12:43 pm

New Generation Biofuels Holdings, Inc. (AMEX: GNB) to Build BioFuel Manufacturing Facility

New Generation Biofuels Holdings' ("NGB") diesel fuel oil alternative is on the brink of reaching commercialization. NGB announced on Monday that it had signed a site lease on the proposed location of its first full-scale biofuel production plant. This critical step is the culmination of more than two years' work on the development and testing phases of the company's environmentally-friendly, enhanced-performance renewable biofuel. NGB has enlisted the help of Chicago development firm ECE Design to design the facility, and noted that development efforts would commence on the site "within the next few weeks". The 25 million-gallon-per-year plant will be located…

TuesdaySep 16, 2008 12:02 pm

Is NewMarket Technology, Inc. (NMKTE.OB) Worth More than Market Value?

NewMarket Technology, Inc. (NMKTE.OB) is a company focused on providing certified integration and maintenance services for name-brand products with an asset-based approach to help clients create a balance between maintaining legacy systems and gaining a competitive edge with the latest technological innovations. Additionally, NewMarket continually seeks to acquire emerging technology to incorporate into its product portfolio to keep ahead of the industry standards. The company has stayed on the cutting edge by focusing its acquisition efforts in new technologies in the homeland security, healthcare, and telecommunications industries. Since 2002, NewMarket has focused on marketing its services in the fastest-growing emerging…

TuesdaySep 16, 2008 11:13 am

Tri-Star Holdings, Inc. (TSHL.PK) Announces Company Has Confirmed Lucky Linda Geologicial Reports, Board of Directors Calls Meeting to Finalize Dividend Details

TRI-STAR HOLDINGS, INC. announced that secondary tests began yesterday and confirm previous assay reports of the company's precious metal reserves in the Lucky Linda Claim. Yesterday, six independent samples produced high concentrations of gold and platinum confirming the company's existing reports on the 160 acre claim in Nevada. The samples themselves were core samples collected by Spooner & Associates to represent independent samples from various locations on site. The samples were in turn processed by Mr. Chastain, the metals analyst, for the purpose of independently verifying existing reports on the claim and estimates of the precious metals reserves there. Mr.…

TuesdaySep 16, 2008 11:05 am

Performance Health Technologies (PFMH.OB) CEO Robert Prunetti Gives Future Insight

We had a chance to sit down with Performance Health Technologies (PFMH.OB) CEO Robert Prunetti, the leader of the New Jersey-based company and a leader in his field. Prunetti is also a leader in the game of life. Appointed as President and CEO of Performance on March 15th, 2006, Prunetti reengineered the company, launching new marketing and product development strategies and eventually taking the company public. While a leader in the boardroom, Prunetti is also a standout citizen. In 2003, Prunetti was named citizen of the year by the Greater Mercer County, New Jersey Chamber of Commerce. One of the…

TuesdaySep 16, 2008 10:55 am

QuoteMedia, Inc. (QMCI.OB) Praised By the Big Boys

When you’re in the business of providing state-of-the-art tools for communicating critical financial information, you can’t do better than testimonials from the likes of Microsoft, Forbes, Nasdaq, and Scotiabank. But the list for QuoteMedia, Inc. (QMCI.OB), the $6 million Arizona-based financial market data provider, goes well beyond that, and shows why QuoteMedia stands above competitors. In a word, it’s technology. While competitors are tied to legacy platforms that they can’t break free from, QuoteMedia offers the newest and best technology, allowing them to provide better service and more information for less money. That, together with flexibility in designing innovative solutions…

TuesdaySep 16, 2008 10:53 am

SkyPostal, Inc. (SKPN.OB) – Nobody Knows Latin America Like These Guys

SkyPostal Networks, Inc., (SKPN.OB), the biggest private mail network in Latin America, got to be that way by faithfully obeying the first rule of business (and the first rule of their mission statement): Listen to your customers, know your market. SkyPostal’s primary market is Latin America, and they know it. Combine that with an in-depth knowledge of mail delivery, based upon over 100 years of combined management-team experience, and it helps explain why SkyPostal (www.SkyPostal.com) consistently beats its competitors and even government delivery services in cost and efficiency, offering a delivery success rate approaching 100%. At the top of that…

TuesdaySep 16, 2008 10:45 am

Location Based Technologies, Inc. (LBAS.OB) Partnership with Kore Telematics Enhances PockerFinder Communications

Location Based Technologies, Inc. announced its PocketFinder(R) device can activate connectivity via the General Services Administration (GSA) Schedule of (M2M) machine-to-machine wireless network partner, KORE Telematics. Location Based Technologies is a California-based company that designs and develops leading-edge personal locator devices and services that incorporate patented, proprietary technologies to enhance and enrich the lives of families globally. Its partner, KORE Telematics, is a leading digital wireless network provider focused exclusively on the expanding machine-to-machine (M2M) communications market. The PockerFinder(R) family of products uses advanced technology to help families and teams stay connected. Location Based Technologies will actually have three versions…

TuesdaySep 16, 2008 10:30 am

Premier Power Renewable Energy Inc. (PPRW.OB) Begins Looking at Italy and France for Solar Expansion

As most have seen with regard to the current financial meltdown, growth for growth's sake is not always the best way to approach a long-term growth strategy. Picking and choosing targets of opportunity, with an eye for maintaining growth is, in some instances, a better way to go. Stability and a long-term strategy are the key considerations in boom times, and an approach that will help investors avoid pitfalls when times and trends turn against prevailing patterns. Premier Power Renewable Energy Inc., a solar power energy systems installer and integrator, works to install and integrate solar energy systems for residential,…

TuesdaySep 16, 2008 10:28 am

Beacon Power Corp. (BCON) Announces Creation of Integrated Matrix of High-Powered Flywheels

Beacon Power Corp. (Nasdaq: BCON) designs and develops products and services to support stable, reliable and efficient electricity grid operation. Its primary business is to commercialize its patented flywheel energy storage systems. The company today announced it has created and tested an integrated matrix of 10 high-powered flywheels that will be produced this year. The 10 flywheels operate together to absorb and supply a full megawatt (MW) of electricity. Located in Massachusetts, the system will be the first of up to 5MW of flywheel-based regulation capability. “This is another significant achievement in our company’s history and for the electric power…

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