WednesdayNov 12, 2008 8:20 am

Allegiance Bank of North America (ABPA.OB) Continues to Practice Old Fashioned Banking Practices with All the Modern Conveniences

Today’s financial melt-down continues to find investors running for the sidelines. Some, however, say that the time may be near to start thinking about getting back into the finance sector. As with any downturn, quality does exist if a closer look is taken. Larger institutions, that were the darlings of the mortgage banking system in the past, may not be the right play at the moment, but smaller banks with the tried and true main street “neighborhood banker” tag may be. Prudence and solid financial values define this type of bank. Allegiance Bank of North America., a full service commercial…

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WednesdayNov 12, 2008 7:35 am

Stratos Renewables Corporation (SRNW.OB) Utilizes Sugarcane and Obtains Sweet Results

Stratos Renewables Corporation is a California based company that is quickly developing ways to help countries achieve energy self-sufficiency through the use of sugarcane ethanol created from excess plant material. Sugarcane ethanol was an alternative used by the United States 30 years ago when our country had an oil crisis. Sugarcane ethanol is a more attractive option than its corn-based counterpart for a variety of reasons. Simply put, sugarcane ethanol created from sugar is less expensive to produce than its corn-based ethanol, burns more cleanly, and ultimately creates more energy per equivalent unit. Sugarcane, which is the primary source of…

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WednesdayNov 12, 2008 5:58 am

Tri-Star Holdings, Inc. (TSHL.PK) Purchases Necessary Equipment for Arizona Gold Mines

Tri-Star Holdings, Inc. announced this morning that it has signed purchase agreements for metals recovery and processing equipment for its COS #1, #2, and Wickenburg mines in Arizona. This equipment, valued more than $200,000.00 new, was purchased in good used condition after extensive research to save substantial amounts of cash. As terms of the agreement, the equipment was purchased with a combination of restricted stock and cash. The company will work alongside Azrock Mining to establish plant locations for the installation of the processing equipment once geological and operational assessments are completed on the COS #1 and #2 mines, as…

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WednesdayNov 12, 2008 5:27 am

Motorcar Parts of America, Inc. (MPAA) Comments on Second Quarter Results and Favorable Market Conditions for Second Half

Motorcar Parts of America, Inc. (NASD: MPAA), a remanufacturer of alternators and starters utilized in imported and domestic passenger vehicles and light trucks, recently reported its financial results for the second quarter ended September 30, 2008. Quarterly net sales totaled $36.4 million compared with $33.8 million for the corresponding period last year. Net income for the quarter climbed to $2.3 million, or $0.19 per diluted share, from $466,000, or $0.04 per diluted share, for the second quarter of fiscal 2008. The company’s net sales for the fiscal 2009 second quarter totaled $36.4 million compared with $33.8 million for the same…

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WednesdayNov 12, 2008 5:26 am

Lake Victoria Mining (LVCA.OB) Brings on Michele Ashby to Board of Directors

Lake Victoria Mining is focused on the rich underdeveloped gold reserves in Tanzania. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa, behind South Africa and Ghana. Lake Victoria Mining Company, Inc. currently holds an eighty percent ownership interest in the Kalemela Gold Project. Up to 15% of Africa's exploration expenditure has been spent in Tanzania, which is thought to have Africa's largest gold reserves, after South Africa. The company announced the addition of Michele Ashby to their Board of Directors. Ms. Ashby is the founder, owner and Chief Executive…

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WednesdayNov 12, 2008 5:19 am

Universal Bioenergy, Inc. (UBRG.PK) – Lowering Costs to Make Biodiesel for America

Universal Bioenergy, Inc. is focused on making biodiesel fuels. Biodiesel is a diesel-equivalent processed fuel derived from biological sources such as vegetable oils or fatty animal products. Once processed, it can be used as a replacement fuel in unmodified diesel-engine vehicles. It is clean-burning and is renewable. Exhaust from automobiles that run on biodiesel tends to smell a little like French fries. Biodiesel typically produces up to 78% less net lifecycle carbon dioxide emissions than petroleum-based diesel. So, the fuel is all around good for the environment. The company announced yesterday that they have negotiated two process technologies that may…

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WednesdayNov 12, 2008 5:13 am

Trico Marine Services, Inc. (TRMA) – Supporting Offshore Drillers Worldwide

Trico Marine Services, Inc. is a provider of marine support vessels to the offshore oil and gas industry, operating primarily in international markets, with operations in the North Sea, West Africa, Mexico, Brazil and Southeast Asia, as well as in the Gulf of Mexico. With their fleet of vessels, Trico provides a broad range of services to offshore oil and gas operators, including transportation of drilling materials, supplies and crews to drilling rigs and other offshore facilities and towing of drilling rigs and equipment from one location to another. Greg Williams, an analyst at Al Frank, believes that "Trico has…

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WednesdayNov 12, 2008 5:11 am

How Will the Market Fare Under Democratic Rule?

A Fidelity study that took stock market performance trends since 1948 found some remarkable trends. Presidential election calendar years have historically experienced solid stock returns. Since 1948, election years presided over by a Democratic administration saw an average market return of 15.4%. When Republicans were in power, the average return was 11.4%. Performance in years of Republican and Democratic presidential electoral victories rated Republicans at 12.5% and Democrats at 14.0%. This presidential cycle is unique because of the sweeping victories for the Democrats in both the House and Senate. According to Ned Davis Research, between 1901 and 2006, the market…

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WednesdayNov 12, 2008 5:07 am

Oxygen Biotherapeutics, Inc. (OXBO.OB) Demonstrates Animal Model Improvement with Oxycyte®

Oxygen Biotherapeutics, Inc. is a pharmaceutical company dedicated to oxygen therapies and continuous substrate monitoring. For those unfamiliar with oxygen therapies, it refers to products that mimic human blood's oxygen transport ability. Oxygen therapeutics are in turn broken into two categories based on transport mechanism: perfluorocarbon based, and hemoglobin based. The Company has under development a perfluorocarbon therapeutic oxygen carrier and liquid ventilation product (Oxycyte®) and an implantable glucose sensor. Oxycyte®, once commercialized, may help patients recover from traumatic brain injury, sickle cell crisis pain, trauma, wound care, acute respiratory distress syndrome, stroke, myocardial infarction, surgery, and diabetes. Yesterday the…

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WednesdayNov 12, 2008 5:04 am

TRX Inc. (TRXI): Traveling Towards Profits in Your Portfolio?

TRX develops and hosts software applications to automate manual processes and track transaction data in the travel industry. Its suite of products and services that comprise TRAVELTRAX provides reporting through a Web-based data reporting tool; CORREX, which enables automated quality control, file finishing, and electronic ticketing, including low fare searches, seat assignments, upgrades, and alternate route and carrier searches. The company's TRANXACT tool handles various activities for its clients, including exchanges, refunds, waivers and split payments, commission management, fare loading, document distribution, debit memo processing, and back office hosting and settlement TRX's customers include travel agencies, corporations, travel suppliers, government…

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