Blog - Page 4245 of 5436

FridayAug 29, 2008 5:59 pm

SkyPostal Networks, Inc. (SKPN.OB) Recently Partnered with Deutsche Post’s DHL Global Mail

SkyPostal Networks, Inc. (OTCBB: SKPN) signed a partnership with Deutsche Post's DHL Global Mail in order to expand its mail courier services overseas and into much of Europe. Having already established itself as a premier mail delivery service in the Latin American-Caribbean (LAC) region, teaming with Deutsche Post's DHL Global Mail further enhances company value and will result in an increase in revenue. The strategic agreement demonstrates SkyPostal's desire to continue to expand revenues and earnings by maximizing capacity and output to meet the demand for door-to-door reliable international mail service. It is estimated that 12% of international mail coming…

FridayAug 29, 2008 5:51 pm

Asta Funding, Inc. (ASTI) – A Leader in Asset Management

Asta Funding is a consumer receivable asset management company that purchases, manages, and eventually liquidates both performing and non-performing consumer receivables. These receivables include credit accounts issued by large grantors (i.e. Visa, Mastercard), as well as banks, telecom accounts and other consumer loans. The non-conforming consumer receivable market is growing all the time, as consumer debt increases during this state of relative economic unrest. While originating credit institutions have traditionally preferred to keep recovery efforts in-house, more and more lenders are beginning to sell their charged-off receivables for immediate funding. Since 1999, Asta has purchased nearly $18 billion in charged-off…

FridayAug 29, 2008 5:50 pm

Life Partners Holdings, Inc. (LPHI) – Dedicated to Helping People in Times of Need

Since 1991, Life Partners Holdings, Inc. has worked to become one of the top life settlement agencies in the country. The company prides itself on a stringently upheld code of ethics, which sets it apart in a business which historically has been known to take advantage of the disenfranchised. When people are faced with the decision to sell their life insurance policies, their lives may already be in a state of upheaval. That's why Life Partners assigns each client his or her own transaction coordinator. This individual acts as a guide through the entire (sometimes confusing) process, to ensure that…

FridayAug 29, 2008 12:56 pm

Shares of Linktone Ltd. (LTON) Pop 20% on Strength of Q2 Results

Linktone Ltd. (LTON), a provider of wireless interactive entertainment and advertising in China, reported second quarter 2008 financial results yesterday afternoon. Investors cheered the news by sending LTON shares 20% higher today, or $0.30, to close at $1.80 on five times normal trading volume. Revenues for the second quarter rose 63% year-over-year to $19.1 million. On a sequential basis, revenues fell 7% from $20.5 million in the first quarter. GAAP net loss swelled to $10.6 million, or 26 cents per ADS, compared to a net loss of $3.2 million, or 13 cents per ADS, for the same period in 2007.…

FridayAug 29, 2008 12:32 pm

RedChip Featured Company: Power of the Dream Ventures, Inc. (PWRV)

Power of the Dream Ventures, Inc. (PWRV) is a leading technology holding company focused on supporting Hungarian-based research and start-up companies. Power identifies unique technologies and helps transform these ideas into market-ready products and applications. Up until recently, the countries in central Europe have focused on developing the solid infrastructure needed for a market economy. By 2012, the central European countries will be joining the European Monetary Union and will need to adjust their efforts into expanding their economies. Power understands the challenges businesses face when attempting to get new ideas and products into the hands of consumers. The company…

FridayAug 29, 2008 11:44 am

Hybrid Technologies Inc. (HYBR.OB) Showcases Their NEW Supercar to Popular Mechanics

Recently, Hybrid Technologies gave Popular Mechanics a sneak peak at the company’s new high-performance supercar. The much anticipated debut of this car, the Liv INIZIO, has been made at the Mooresville, NC manufacturing and R&D facility. Hybrid Technologies is a fully-electric vehicle manufacturer that is trying to change the landscape of the automotive industry. In addition to cleaning the environment through the use of emissions-free vehicles, they also have their eyes on winning the Automotive X Prize. Hybrid Technologies’ contender for this prize will be very similar to their supercar, the Liv INIZIO, which is a two-door, race-inspired sports car…

FridayAug 29, 2008 9:59 am

Triangle Petroleum Corp. (TPLM.OB) Provides Update on Its Maritimes Shale Gas Program

Triangle Petroleum is an exploration company focused on emerging Canadian shale gas projects covering 584,000 gross acres in the Maritimes Basin in Nova Scotia and New Brunswick. The company plans to aggressively exploit their shale gas assets based on their prior experience with other shale gas assets in the Barnett and Fayetteville shale gas areas. Triangle's first exploration well, N-14-A, was spud in July of 2008 and drilled to a depth of 8,500 feet. The well encountered Horton Bluff Shale at a depth of 3,600 feet and drilled through a total of 4,900 feet of shale and interbedded sands. Core…

FridayAug 29, 2008 9:32 am

GeoEye Inc. (GEOY) Signs Deal to Provide Imagery to Google

GeoEye Inc. (GEOY) is the premier provider of geospatial information for the national security community, commercial customers, and strategic partners to help them better map, measure, and monitor the world. The company is recognized as the industry's trusted imagery expert for delivering reliable service and the exceptional quality of its imagery products and solutions. In addition, GeoEye operates a number of Earth imaging satellites, mapping aircraft, and an international network of ground stations. GeoEye recently announced that it will provide imagery from its new $502-million, high-resolution GeoEye-1 satellite to Google Earth and Google Maps after the spacecraft is launched on…

FridayAug 29, 2008 9:30 am

Xiom Corp. (XMCP.OB) Appointment of New Sales Director Will Expand Marketing Reach

Xiom Corporation (OTCBB: XMCP) manufactures industrial-based thermal spray coating systems in the United States. The company’s XIOM 1000 Thermal Spray system is used to apply plastic powder coatings on steel, aluminum, non-ferrous substrates, wood, plastic, masonry and fiberglass. The company also manufactures plastic powder designed specifically for thermal spraying. To lead its marketing and distribution efforts, the company today announced the appointment of Bill Garomon as director of Industrial Sales, fueled by his 35 years of experience selling thermal metal spray systems and powder coating systems. "Garomon has personally sold, designed and installed more than 250 automated powder coating systems…

FridayAug 29, 2008 9:28 am

Pinnacle Energy Corp. (PENC.OB) Secures $1 Million Acquisition of Six Producing Wells in Oklahoma

Independent oil and gas producer, Pinnacle Energy Corp. (OTCBB: PENC), formerly Gas Salvage Corp., today announced the acquisition of working interests in six wells in Pawnee County, Okla. for $1 million. The news sent shares of Pinnacle Energy soaring nearly 33 percent, to 98 cents. According to the press release, five of the six wells produce high-gravity light sweet crude oil; the sixth is a saltwater disposal well. The company’s interest in the wells lies in reports that, as of August 27, 2008, the five oil wells are producing 20 barrels of oil per day, and 30 MCF of gas…

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