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MondayNov 10, 2008 3:51 pm

November 10th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CNLG, CVM, ENZ, GISV, GNBT, HYTM, ICLK, LPHC, MBND, PLKH, SRRY, TSX: SEE, TAGS, TKO, VYTR, XCR During a historic week as U.S. voters elected the first minority President in the country's history, the markets made their own history of a much more dubious sort, as the Dow experienced the largest two-day decline since the index's inception. Overall, there were few places to hide last week as the market aggressively sold off following the election. The Dow lost 381 points for the week, extending its annual loss to 32.6%. The Nasdaq…

MondayNov 10, 2008 1:03 pm

Puda Coal, Inc. (PUDC.OB) Posts Solid Third-Quarter Numbers

Puda Coal, Inc. (PUDC.OB), a high grade metallurgical coking coal supplier in China, reported its 3rd quarter financial results today and the numbers are strong. Revenue hit $74.1 million, an 82% increase over third-quarter 2007’s revenues. Operating income came in at $9.0 million, while net income reached $6.5 million. Sales of cleaned coal increased 22.6% from the same period last year to 603,000 metric tons. Puda was able to increase prices to $123 per metric ton. Puda has launched its website, www.pudacoalinc.com , and will present investor road shows in the United States as well as appearing at the annual…

MondayNov 10, 2008 12:55 pm

Early-Morning Gains Pared – Stocks Turn Downward

Wall Street rallied early on Monday amid talk of a $586 billion Chinese stimulus package, however, optimism diminished over the course of the afternoon sending stocks lower. After spiking 215 points, the Dow reversed course and fell more than 150 points by late afternoon. Investor confidence continues to suffer as the markets continue to exhibit wholly-unreliable qualities. Other indices also experienced trouble on the day. Let us hear your thoughts below:

MondayNov 10, 2008 12:54 pm

AIG: Recipient of Largest-Ever Private Company Bailout

As was foreseen by experts last week, a restructuring of the government aid package provided for American International Group, Inc. was enacted today as it became apparent that the felled insurance giant would be unable to rise to the terms of the original $85 billion provided by the federal government. Citing the company's interconnectedness with the overall well-being of the economy, the Fed approved additional aid which brings the total to more than $150 billion. Let us hear your thoughts below:

MondayNov 10, 2008 12:54 pm

Circuit City Stores Inc. (CC) Files for Chapter 11 Protection

The second-largest electronics retailer in America filed for bankruptcy today. Circuit City Stores, Inc., facing threats of refused delivery from vendors for the approaching holiday season, made the decision to file for Chapter 11 in an attempt to buy itself some time to develop a plan for restructuring. According to acting president and CEO, James Marcum, the action "should provide us with the opportunity to strengthen our balance sheet, create a more efficient expense structure and ultimately position the company to compete more effectively." Before being halted on Monday, shares of the company decreased in value by over fifty percent.…

MondayNov 10, 2008 12:45 pm

MyECheck, Inc. (MYEC.OB) Offers Reliable Electronic Payment Processing

MyECheck, Inc. provides customers with the ability to process electronic payments in a highly-efficient fashion, saving both time and money over traditional methods. Clearance times, credit charges and security issues can become a problem with ACH (Automated Clearing House) transfers and other forms of electronic payment; but with MyECheck's services, transactions are guaranteed secure, less costly, and occur almost instantaneously. In an age where an increasing amount of trade is taking place over the internet (often requiring a credit card), it is difficult to imagine that close to fifty percent of adults either have no credit card, or insufficient credit…

MondayNov 10, 2008 12:24 pm

EV Transportation, Inc. (EVTP.OB) Announces QualityStocks Coverage

EV Transportation, Inc. will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 740,000 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. William N. Plamondon III, Chairman and CEO of EV Transportation, has the company focused on providing the most technologically advanced environmentally-friendly vehicles to the general public as soon as they become available and informing the public of the…

MondayNov 10, 2008 11:18 am

Performance Health Technologies, Inc. (PFMH.OB) Offers New Way to Track Your Body

Performance Health Technologies, Inc. is offering a new and sophisticated way for people to interact with their own bodies. Bringing together medical and computer experts, the company has combined advanced software and medical technologies to create MotionTrack™, a proprietary technology platform that can track and monitor detailed body movements and motion in real time, providing immediate visual feedback to the user. The company’s goal is not only to transform the way individuals exercise and train for sports, but also to revolutionize rehabilitation from injuries, providing more efficient and controlled therapy. Performance Health’s innovative products are gaining wide acceptance, and endorsement,…

MondayNov 10, 2008 9:55 am

Tri-Star Holdings, Inc. (TSHL.PK) Subsidiary Estimates Tremendous Potential at Idaho Claims

Tri-Star Gold, a subsidiary of Tri-Star Holdings, Inc. (TSHL.PK), is focused on acquiring and developing properties to produce platinum, gold, silver, and copper. Tri-Star has a number of properties located in Nevada, Arizona, and Idaho. Three of their claims contain a copper and precious metal vein system that measures about 100 feet wide and 4200 feet long. This vein system has previously produced high-grade copper, gold, and silver ore. The company’s estimates on the potential recoverable metals at its Blue Jay claims are quite substantial. A portion of the Blue Jay claims have a long mining history. Starting in the…

MondayNov 10, 2008 9:48 am

NetSol Technologies Inc. (NTWK) Opens the Doors of NetSol University to Offer Industry Education

NetSol Technologies Inc. (Nasdaq: NTWK) provides business services and enterprise application solutions to organizations around the world. Headquartered in Emeryville, Calif., the company has operations and offices in London, Los Angeles, Sydney, Beijing, Bangkok and Lahore. The company today announced the opening of NetSol University North America (NUNA), located at NetSol’s Emeryville headquarters, to encourage continued education and boost client productivity. NUNA will provide classes in a variety of industry-related topics and features a state-of-the-art facility with the latest in audio/video, Internet and wireless technologies. The center will house classroom lectures, Webinars, tele-training, product demonstrations and evaluations. "NetSol University North…

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