Blog - Page 4250 of 5670

WednesdayFeb 11, 2009 5:44 am

Sector 10, Inc. (SECT.OB) Secures Necessary Funds for Growth Strategy

Sector 10, Inc. announced this morning that it has secured a line of credit to introduce its new products and their capabilities to the market. The funds will enable the company to accomplish the established goals for 2009/2010. According to the press release, the credit facility was structured through Sector 10 Holdings, Inc., the Company's largest shareholder who has provided funding throughout the company's development phase. Pericles DeAvila, CEO of Sector 10, stated, "Sector 10 has a tremendous opportunity in the market place and will be taking full advantage of its available resources. The management will be carefully managing cash…

TuesdayFeb 10, 2009 2:52 pm

eDOORWAYS Corp. (EDWY.PK) Achieves “Current” Status

eDOORWAYS today announced that it has successfully filed its Q2 and Q3 for 2008. As of yesterday, the company has reached "current" status. This status is crucial to the company's goal of returning to the OTCBB markets. In a press release dated February 5th, 2009, Gary Kimmons, CEO of eDOORWAYS Corporation stated, "Moving back to the OTCBB has long been a goal for the company... but one of the primary hurdles was getting current." Now that the company is current, it is likely that investors will find eDOORWAYS an even more attractive investment opportunity. Additionally, by being in a position to…

TuesdayFeb 10, 2009 12:18 pm

Stratos Renewables Corp. (SRNW.OB) Maintains Market Footing; May be Out of Sight, but shouldn’t be Out of Mind

Though the broader market took a tumble in today’s trading, Stratos Renewables Corp. (SRNW.OB) maintained its share price, surviving Wall Street’s fall after Treasure Secretary Timothy Geithner unveiled the new plan for the drowning financial sector. The $838 billion recovery package moved through the Senate in a 61 to 37 vote, $546 billion of which is for spending measures. The package includes $2.4 billion for technology associated with coal-fired power plants. What the package doesn’t include is funding for the advancement of renewable and alternative energy, a topic that was once widely discussed by the new administration. This might sound…

TuesdayFeb 10, 2009 10:01 am

Keep Star Gold Corp. (SRGO.OB) on Radar

Star Gold Corp. engages in the acquisition and exploration of mineral properties. They are a gold and base metal exploration company with the purpose of evaluating, developing, and acquiring quality gold projects with a focus on the United States, Canada, and Mexico. They trade on the OTCBB as part of the Industrial Metals and Minerals industry in the Basic Metals sector. The Company's Excalibur Property is approximately 20 miles southwest of Mina, Nevada. It is on the westerly facing slope of Moho Mountain. Their land position here consists of eight unpatented mining claims covering a mineralized zone about 1000 meters…

TuesdayFeb 10, 2009 10:01 am

SearchHelp, Inc. (SHLP.OB) Announces Appointment of New CEO and Chairman of the Board

Today, SearchHelp announced that it has appointed Jeffrey Greene as its new Chief Executive Officer and Peter Sealey as its new Non-Executive Chairman of the Board. Both men have established a reputation within the market research, movie studios, and advertising communities that will assist the company in its promotion of the Pulse to key decision makers. The company also announced that it will be changing its name to EchoMetrix, Inc. to support the launch and the new emphasis on Pulse, which monitors 10s of millions of unfiltered teen chats in addition to Blogs and online communities to aggregate a unique…

TuesdayFeb 10, 2009 9:54 am

Hunt Gold Corp. (HGLC.PK) – Staying in the News Thus Far in 2009

While countless businesses have been suffering amidst some of the harshest economic conditions in living memory, one company that has not allowed itself to be adversely affected by recent global financial strain is the Hunt Gold Corporation. In fact, quite the opposite has occurred. The past six weeks have been brimming with positive developments for the company. Early January signaled hope for the New Year, with desirable drilling results returning from several of the company's prospects; most notably perhaps, the "Mockingbird" claim. Combining its own exploration of the property with the findings of previous stakeholder, Anaconda (shut down by parent…

TuesdayFeb 10, 2009 9:37 am

Universal Tracking Solutions (UTRK.OB) Announces Preliminary 2008 Record Revenue Growth

Universal Tracking Solutions announced that revenue for its fourth quarter ending December 31, 2008 totaled $217,452, which is down approximately 9% from the $240,693 generated in the same quarter a year prior. For the full year, UTS had revenue of $1,189,044, up approximately 48% compared to fiscal 2007. Net loss decreased 71% from $297,640 in 2007 to only $87,314 in 2008. Universal Tracking Solutions CFO Terry Horne commented, “2008 has proven to be another banner year for Universal Tracking Solutions. We managed to decrease our year over year expenses while growing our revenues 48%. We did all of this while…

TuesdayFeb 10, 2009 8:34 am

Artificial Life, Inc. (ALIF.OB) Reports Strong Financial Results for Year 2008

Today, Artificial Life, Inc. announced its financial results for the fourth quarter of 2008 as well as the full year. During the year, the company strengthened its position and market share as a leading global mobile software provider. The company sold more than ten million copies of mobile games around the world, a substantial increase over the approximate four million games sold in 2007. Revenues for the year totaled $22,454,414, a 287% increase over the prior year's $5,801,212. The large increase was primarily due to revenues generated from the sales of the most popular 3G mobile games such as V-girl(r),…

TuesdayFeb 10, 2009 6:40 am

Convergence Technologies, Inc. (CNVC.PK) Announces Acquisition of Merchant Banking Group

Today shortly before the opening bell, Convergence Technologies announced its acquisition of Bookkeeper International Equities Corp in an all stock transaction. Bookkeeper International Equities Corp, a private Merchant Banking Group, provides merger & acquisition advisory services, investor relations, and corporate finance consulting services to microcap issuers. As stated in the terms of the acquisition, Warren Stroud will be stepping down from his duties as Chief Executive to concentrate his efforts on the voice to voice division. The new CEO, Domino Mocharski, is dedicated to increasing shareholder equity and meeting the minimum listing requirements of a Nationally Recognized Exchange. Mr. Mocharski…

TuesdayFeb 10, 2009 6:31 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Makes Substantial Progress in the Labs; Achieves New Company Record Ahead of Schedule

Today, Kraig Biocraft announced that Dr. Fraser’s research team has successfully made 5,000 genetic transfers in a single week using the newly designed DNA insertion packets. The Company anticipates having preliminary test results back on these five thousand genetic insertions within the next 45 days. "Every DNA packet insertion has the potential to create a new recombinant fiber with commercial applications. The achievement of 5,000 such insertions in a single week is something that the Company would not have dreamed of in 2008," CEO Kim K. Thompson enthusiastically stated. "At the same time, Dr. Fraser is reporting a large increase…

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