Blog - Page 4270 of 5433

FridayAug 15, 2008 7:23 pm

Wherify Wireless, Inc. (WFYW.OB) Enters Definitive Merger Agreement with Lightyear Network Solutions

Wherify Wireless, Inc. (WFYW.OB), a provider of location-based services for enterprise and consumer applications such as field and sales management, mobile social networking, personal safety, mobile search and mobile shopping, recently entered into a definitive merger agreement with Lightyear Network Solutions, LLC, a provider of voice, data and video telecommunications services to small- and medium-sized businesses and residential customers throughout the United States. Lightyear Network Solutions generated approximately $65 million in revenue during 2007. Under the terms of the agreement, Lightyear members and note-holders will own 51 percent of Wherify Wireless's fully diluted shares. The two merged companies will create…

FridayAug 15, 2008 7:22 pm

Cycle Country Accessories Corp.’s (ATC) President Discusses Dismal Third Quarter Earnings and Plans for Change

Cycle Country Accessories Corp. (AMEX: ATC), a manufacturer of ATV accessories including straight blades, plows, mowers, spreaders, sprayers and trailers, recently announced its financial results from the third quarter of the company’s fiscal year. Shares of Cycle Country’s stock plunged to a multi-year low late last week after the company reported a net loss of roughly $370,000 on revenues of approximately $3.5 million, or a loss of $0.06 per share for the third quarter. During the third quarter of the fiscal year for 2007, Cycle Country recorded a loss of $0.05 per share on quarterly revenues of approximately $2.5 million.…

FridayAug 15, 2008 7:21 pm

Brite-Strike Technologies, Inc. (BSTI.PK) Core Product Gives Law Enforcement Numerous Life-Saving Features

Brite-Strike Technologies, Inc. (OTC: BSTI) is a tactical safety product company that was created by two police officers with the intention to develop LED flashlights that possessed the features needed by police officers and citizens to keep them safe. Their innovative and flawless white light flashlights – which come in various sizes and weights – are used to temporarily blind and disorient a suspect or attacker, providing police officers and citizens with added safety. The company only manufactures tactical LED flashlights with the latest Luxeon® LED and EMP chip technology, as older LED and incandescent lighting technology cannot compare. In…

FridayAug 15, 2008 7:18 pm

Wescorp Energy, Inc. (WSCE.OB) Subsidiary Offers Key Products for Natural Gas and Gas Flow Measurement

Flowstar Technologies, Inc. was founded in 2001 with the company goal of providing the energy industry with world-leading natural gas and liquid gas flow measurement solutions. The company later received CSA certification for their first generation Digital Chart Recorder (DCR) metering system. A year later, Flowstar Technologies was acquired by Wescorp Energy Inc. (OTCBB: WSCE), and has become an established subsidiary offering the DCR computer that provides one of the best gas measurement solutions for the oil and gas industry. The DCR computer uses a highly accurate integrated pressure transducer, an integrated RTD temperature probe and a next-generation gas turbine.…

FridayAug 15, 2008 7:15 pm

RedChip Featured Company: Alternative Construction Technologies, Inc. (ACCY.OB)

Alternative Construction Technologies, Inc. (ACCY.OB) produces structural insulated panel systems (SIPs) for use in the construction of residential, commercial, and high-rise buildings. The company’s patented ACTech® Panel System rivals competitors’ SIPs by utilizing an inherently better galvanized steel “skin”. Alternative Construction also manufactures patented, FEMA-compliant safe rooms designed to weather natural disasters. The ACTech® SIP system enables builders to construct energy efficient, stronger, safer, and more economical structures than conventional wood and brick-based building products. Easier to construct with, ACTech® SIPs not only save labor costs and reduce construction time, but monthly heating and cooling bills can be reduced by…

FridayAug 15, 2008 7:11 pm

Nuance Communications, Inc. (NUAN) Submits Proposal to Acquire Zi Corporation

Nuance Communications, Inc. (NUAN), a leading provider of speech and imaging solutions worldwide, announced that it has officially submitted a proposal to acquire Zi Corporation (ZICA) for $0.80 per share. The proposal is subject to a mutually agreeable definitive agreement, the completion of limited and confirmatory due diligence, and the satisfaction of other general approvals and conditions. “Nuance can offer customers a broader and more fully integrated product and technology portfolio than Zi Corporation can offer independently,” stated Steve Chambers, President of the Mobile and Consumer Services Division at Nuance. “We believe the combination of Nuance and Zi delivers significant…

FridayAug 15, 2008 7:10 pm

Uranium Energy Corp.’s (UEC) Board of Directors Brings Decades of Experience to the Company

Uranium Energy Corporation is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The operational management is comprised of pre-eminent uranium mining and exploration professionals whose collective experience in the uranium mining industry gives the company ongoing uranium mine-finding and uranium mine development expertise. The board of directors brings well over 100 years of experience from all environments including business, engineering and mining. The President, Chief Executive Officer, and a director of the company is Amir Adnani. Mr. Adnani is a co-founder of Uranium Energy Corp and has held his…

FridayAug 15, 2008 7:06 pm

Capital City Energy Group Inc.’s (CETG.OB) Fund Management Business

Capital City Energy Group Incorporated is an oil and natural gas company that has grown a reputation for being a leader amongst a very select group of vertically integrated oil and natural gas companies. Their strategy is to continue to grow a portfolio of core areas that provide growth opportunities through grass-roots drilling, operating, service companies, acquisitions and fund management. Capital City’s fund management business structures, funds and manages energy properties for retail and institutional investors. These energy funds are marketed under the name of Capital City Energy Funds and managed by Avanti Energy Partners, LLC. These energy funds are…

FridayAug 15, 2008 12:08 pm

Zynex Inc. (ZYXI.OB) Posts Significant Increases across the Board for Q2

Shares of Zynex Inc. (OTCBB: ZYXI) climbed 17% to $6 Friday afternoon after the company reported its second quarter financial results for 2008, posting triple-digit increases for the period ended June 30, 2008. Zynex engineers, manufactures, markets and sells its own design of electrotherapy medical devices, focusing on standard digital electrotherapy products for pain relief and pain management, as well as NeuroMove for stroke and spinal cord injury (SCI) rehabilitation. Second-quarter revenues increased 235 percent to $5.04 million, up from $1.50 million in 2007; net income increased 427 percent to $1.85 million. Thomas Sandgaard, president and CEO of Zynex said…

FridayAug 15, 2008 12:07 pm

Gold Resource Corp. (GORO.OB) Heads to Mexico to Deliver Equipment for Flagship Project

Gold Resource Corp. (OTCBB: GORO) focuses on the production and development of gold and silver products through its 100-percent owned high-grade gold and silver properties in Mexico’s southern state of Oaxaca. The company today announced it has begun to move its equipment to the Mexican border to prepare for clearing customs and transporting that equipment to the El Aguila Project in Oaxaca. "Gold Resource Corporation has come a long way in less than two years as a public company and we fully expect to continue our aggressive pace as we establish gold production at our flagship El Aguila Project," Gold…

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