Blog - Page 4174 of 5561

TuesdayDec 16, 2008 5:49 am

Sector 10, Inc. (SECT.OB) Recognizes 400% Increase in Sales Over Prior Quarter

Today before the bell, Sector 10 announced that its 3rd quarter sales are anticipated to increase 400% over the 2nd quarter. This substantial increase in sales further improves the positive performance trends established over the past three months. In recent news, the company recently agreed to provide pre-deployed emergency equipment and supplies to the administration and student buildings of a college located in Ogden, Utah. According to the press release, a number of other proposals are under consideration with other customers. The company is looking to expand its sales force and increase production capacity. At the College, Sector 10 will…

MondayDec 15, 2008 4:03 pm

December 15th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CETG, CVM, ENZ, GNBT, ITUI, MNDL, PCFG, SWYV It was another interesting week on Wall Street, as the bear market rally that started late Friday the previous week extended into early last week, demonstrating the markets' resiliency in the face of tough news yet again. All told, the Dow ended down moderately, losing 5 points on the week to close at 8629, maintaining its year to date loss at 34.9%. The NASDAQ managed to post a 2% increase, closing at 1540, bringing its YTD losses to 41.9%. The S&P 500 and…

MondayDec 15, 2008 2:05 pm

SHOT Spirits Corp. (SHTP.PK) is “One to Watch”

SHOT Spirits Corporation and Beverage Pouch Group are pioneers in the single serve Ready to Drink alcohol category. Founded in 2003, SHOT Spirits has their corporate headquarters in Irvine, California. They and Beverage Pouch Group have more than 50 years of combined expertise in alcohol distilling, distribution and field marketing, retail placement, promotion and consumer trial and adoption. SHOT Spirits Corporation has an investment and technical agreement for 15 percent in The Beverage Pouch Group LLC (BPG). The Beverage Pouch Group LLC is a member of the PPi Technologies Global Group of companies. The PPi Technologies Global Group offers StandUp…

MondayDec 15, 2008 9:52 am

Magellan Petroleum Corp. (MPET) Makes Board Changes, Announces New President and CEO

Today, Magellan Petroleum announced that it has appointed William H. Hastings as its new President and CEO. Daniel J. Samela has resigned as Acting President and CEO and will assum the roles of CFO, Chief Accounting Officer and Treasurer. The company also announced changes to its Board of Directors. Walter McCann, Magellan's Chairman of the Board, stated, "Magellan's Board is very pleased to have Bill Hastings assume the positions of President and CEO. Bill brings more than twenty-seven years of proven experience in the successful development of oil and natural gas reserves and also in the management of commercial gas…

MondayDec 15, 2008 9:45 am

Image Entertainment, Inc. (DISK) Executes North American Distribution Deal with BKN Home Entertainment

Image Entertainment, Inc. announced today that it has signed a distribution agreement with BKN Home Entertainment Inc ("BKN"), a wholly owned American subsidiary of global animation company BKN International AG. According to the press release, Image Entertainment now has an exclusive distribution arrangement for BKN's entire catalog, which contains more than 300 different episodes from more than 26 properties. Image will also get an exclusive first-look at all new BKN content. Matthew Graham-Clare, managing director of home entertainment for BKN, stated, "We are delighted to work with Image and have high expectations for this partnership with such a well established…

MondayDec 15, 2008 9:39 am

Capital Gold Corp. (CGLD.OB) Sees Net Income Before Tax Increase 64%

Today, Capital Gold announced that it has recognized a 64% increase in net income before taxes for the first fiscal quarter ending October 31, 2008 compared to the same quarter of last year. Net income before taxes increased from $1,747,000 to approximately $2,863,000, while net income after taxes was reported at $1,936,000 compared to last year’s $1,747,000. To continue expanding production, the company has placed an order for an additional secondary crusher. John Brownlie, the COO of Capital Gold, stated, “The success of all of the upgrades we completed in 2008, including leach pad expansion, additional solution pumps and a…

MondayDec 15, 2008 9:08 am

Avanir Pharmaceuticals Inc. (AVNR.OB) Moves Forward with Zenvia Product, Pays Down Debt through $40 Million Equity Offering

The two critical elements to watch in the pharmaceutical industry are product development and FDA approvals. If a company’s product development pipeline starts to get a bit thin, it will eventually lose revenue generating capacity as patents expire and competition moves in. If FDA approval isn’t obtained, the company is simply sunk in the US for that product. As an investor, watching the product pipeline is the key. This is important not only for the company’s current and future profitability, but because other companies, which may not have the same product development strength, may become interested in acquiring it. In…

MondayDec 15, 2008 7:07 am

Axial Vector Energy Corp. (AXVC.PK) Makes Significant Headway in the Wind Market

Last month, Axial Vector Energy Corp. announced that its highly efficient motors for wind energy production received strong interest from major windmill energy producers due to the Company’s introductions at the Friedland Equities Global Investment Forum. Through unique advantages, the Axial Vector generators enable windmill manufacturers and wind energy producers to improve their bottom lines, increase their profitability and lower the cost of production. In addition to being able to generate power at wind speeds of one mile per hour, the generators require zero torque at startup, allowing a control module to manage the windmill spin. This seemingly simple advantage…

MondayDec 15, 2008 6:33 am

MyECheck, Inc. (MYEC.OB) Establishes Alliances to Strategically Improve Operations

MyECheck, Inc. has established a number of strategic alliances with Internet payment gateways and payments software and service providers for partnership and reseller opportunities. Emphasis has been placed on building sales channels through these partnerships. The company has experienced early success with Cardinal Commerce and has been in discussions with other qualified Value Added Resellers and Payment Service Provides including: • AspDotNetStorefront.com, a division of Discovery Products, Inc., provides online e-commerce shopping cart platforms for over 3,000 merchants and developer partners. • ConsumerDirect® is linked to more than 95% of creditors in the United States, giving its clients a faster…

MondayDec 15, 2008 6:15 am

Exchange Media Corp. (EXMD.PK): China and India Projected to Lead Mobile Market by 2012

By 2012, mobile connections are expected to reach nearly 5 billion with revenues growing to exceed the $1 billion milestone. Emerging markets are the engine of connection growth in the mobile market and in the next few years we will most likely continue to see this trend continue. One company poised to take advantage of this rapid growth is Exchange Media Corp., who is focused on providing mobile phone users with a unique end-to-end multimedia video/audio solution. The company’s XCPlayer software enables the searching, downloading, managing, and playing of published audio and video content. XCPlayer, currently the only service software…

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