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ThursdayNov 13, 2008 8:44 am

China Rita Power Co. (CRTP.OB) Finishing 2008 Lead-acid Battery Expansion Plans, Telecom & Light Electric Vehicles Power Growth

The need for more advanced energy storage devices is becoming more and more apparent as alternative energy sources proliferate. The power generated by solar or other alternative energy sources needs to be stored efficiently. The old reliable lead-acid battery is still the battery of choice and provides the lion’s share of the work-load, but eventually other types of batteries will be needed. Until that time, lead-acid batteries will continue to hold their charge so industries and consumers can go about their business. China Rita Power Co., a lead acid battery manufacturing company, works to manufacture and market lead acid batteries…

ThursdayNov 13, 2008 8:09 am

Tank Sports, Inc. (TNSP.OB) is “One to Watch”

Tank Sports, Inc. is focused on designing, engineering and marketing high performance on-road motorcycles and scooters, in addition to recreational off-road motorcycles, all-terrain vehicles (ATVs), dirt bikes and Go Karts. Utilizing a worldwide network of contracted OEM suppliers and on site quality control teams, Tank offers a broad array of styles and engine displacements. According to the Motorcycle Industry Council, the U.S. market for motorcycles is $14.6 billion. All segments of this market have experienced a boost thanks to skyrocketing gas prices. In 2003, there were 8.8 million motorcycles in operation in the U.S., or 3 motorcycles for every 100…

ThursdayNov 13, 2008 7:06 am

Stratos Renewables Corp. (SRNW.OB) Announces Participation at Rohstoffmesse Equity Capital Conference

Today shortly after the opening bell, Stratos Renewables announced that Sanjay Pai, its Chief Strategy Officer, presented the company’s strategic business plan at the Rohstoffmesse Equity Capital Conference in Frankfurt, Germany. Mr. Pai is a recognized sugarcane ethanol expert and understands Peru’s potential for becoming a formidable supplier of ethanol. Mr. Pai stated, “Stratos is emerging as one of Latin America's most promising renewable fuel companies, and the reception from yesterday's audience reinforced our contention that there continues to be strong interest in renewable fuels from Latin America and other emerging markets.” He continued to say, "Based on the demonstrated…

ThursdayNov 13, 2008 7:03 am

Budget Waste Inc. Announces Record Date for Distribution of Gray Creek Stock

Budget Waste Inc. ("BWI") announces that the record date for the distribution of the 5,496,054 shares of Gray Creek Mining Inc. (OTC BB:GYCK.OB - News) that BWI received from the sale of Budget Waste Inc., Alberta to Gray Creek, as announced recently, will be November 14, 2008. Shareholders of record as of the close of the market on the record date will receive one (1) Gray Creek share for each twenty (20) BWI shares. BWI anticipates the distribution to be completed in 7-10 business days.

ThursdayNov 13, 2008 6:49 am

Crown Crafts, Inc. (CRWS) Announces 2nd Quarter Fiscal Year 2009 Net Income and Confirms Final Estimated Results for Fiscal Year 2009

Crown Crafts, Inc., a consumer apparel and products manufacturer, announced its results for the 2nd quarter of fiscal year 2009. Crown Crafts' fiscal year ends March 29 of each calendar year. For the 2nd quarter of FY 09, net income came in at $1,035,000 on net sales of $23.8 million. By comparison, for the 2nd quarter of FY '08, net income and net sales were $541,000 and $17.1 million respectively. Asked to comment on the results, E. Randall Chestnut, Chairman, President and Chief Executive Officer said "We are very pleased that we have nearly doubled our bottom line," Chestnut also…

ThursdayNov 13, 2008 5:06 am

Sunrise Solar Corp. (SSLR.OB) Welcomes Jim Kesaris To Management Team

Sunrise Solar Corp. (SSRL) announces a new management appointment, adding Jim T. Kesaris who will immediately help with internal auditing and financial control procedures. For 15 years Kesaris has held senior management positions in a variety of companies from start-up to multi-billion. Most recently he was senior vice president and chief financial officer at USE Credit Union in San Diego, with $850 million in assets. At Sunrise Solar he will join the company's board of directors and establish new Audit and Compensation committees. "Financial and operational excellence is a large part of the critical foundation for building a scalable, profitable…

WednesdayNov 12, 2008 6:41 pm

Carbon Sciences Inc. (CABN.OB) to Benefit from Obama Administration – Expected Legislation to Speed Transition to an Economy Fueled by Renewable Energy Sources

Carbon Sciences Inc. (CABN.OB), the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, recently announced the potential benefits of the Obama administration on the company’s future growth. The President-elect is expected to support legislation for the development of renewable energy sources. In fact, industry insiders forecast that legislation may come early next year to speed a transition to an economy fueled by renewable energy sources. Obama’s administration is not only looking to overhaul the current U.S. energy policies but plans to strategically invest $150 billion over 10 years in a clean energy…

WednesdayNov 12, 2008 6:38 pm

China Organic Agriculture Inc. (CNOA.OB) Posts Impressive Q3 Results, Fueled by Distribution Expansion and Strategic Acquisition

China Organic Agriculture Inc. (OTCBB: CNOA) is an aggressive agricultural products trader in China – the company has designed its business plan to allow it to capitalize on China’s growing economy and consumer sector. The company today announced its operating results for the third quarter and nine months ended September 30, 2008, posting triple-digit growth in net sales and net income. China Organic attributes the increases to expansion of distribution operations and its decision to purchase rice from other rice producers and then selling it to retailers and wholesalers. Net sales for the third-quarter of 2008 were $47.2 million, up…

WednesdayNov 12, 2008 12:44 pm

Dow Plummets for Third-Straight Day

By 2:15 pm ET on Wednesday, it was clear that Treasury Secretary Henry Paulson's comments on the economy were ill-received by investors. In what was quite a reversal of pre-bailout strategy, Secretary Paulson said that the federal government would not be using the taxpayers' $700 billion to purchase banks' toxic assets after all. News of this latest development in conjunction with unfavorable quarterly reports, and a grim outlook for the auto industry's big three, led to battered stocks across the board, as the Dow slid more than three hundred points in early afternoon trading. Let us hear your thoughts below:

WednesdayNov 12, 2008 12:43 pm

Anheuser-Busch Shareholders Approve Acquisition by InBev

In a move that effectively creates the largest brewing company the world has ever known, shareholders of Anheuser-Busch approved a $52 billion sale to Belgium-based InBev SA. President and CEO of what is now formerly America's biggest brewer, August A. Busch IV said that it was a difficult, yet ultimately necessary decision to make: "Every alternative was considered...In the end, we all agreed the InBev proposal was in the best interest of you, the shareholders." The deal is expected to close by year's-end. Let us hear your thoughts below:

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