Blog - Page 4493 of 5748

ThursdayOct 02, 2008 9:57 am

ZAGG, Inc. (ZAGG) Taps a Massive Market

Zagg, Inc. (ZAGG.OB), a Utah-based maker of a patent-pending scratch protection shield, has tapped what can only be described as a vast potential market, based on the inevitable need of consumers to protect their ever-increasing supply of digital gadgets. Zagg (www.Zagg.com) produces protective clear coverings for all types of consumer electronic and hand-held devices, distributed worldwide under the brand name invisibleSHIELD™. The company’s flagship product is made from an exclusive film, originally designed for the U.S. military to protect helicopter blades from high-speed abrasion. Zagg cuts the material into over 2,000 shapes, to fit almost any cell phone, laptop, digital…

ThursdayOct 02, 2008 9:54 am

Stocks Down in Early Afternoon Trading

As of 1:10 PM EDT, the Dow was down nearly 275 points, or -2.7 percent. The Nasdaq and the S&P were down 68 and 36 points respectively, both falling more than three percent on the day. The continuation of downward momentum seems to be stemming from a variety of causes; unemployment claims remain at their highest levels since 2001, orders to U.S. factories were shown to have declined by four percent, and anxieties over the current bailout bill making its way through Congress have been rising. All around, people are scared of what all of this means for them, but…

ThursdayOct 02, 2008 9:53 am

Senate Passes Revised Bailout Package – Public Dissent Grows

Debate continues over the bailout package that was pushed through the Senate Monday night, with many Americans expressing outrage over the mountain of pork barrel spending that has been built into the bill as it moves to a House vote. It seems that the last thing taxpayers are concerned with is taking care of special interest groups, and yet the revised package does just that. With many House members harboring re-election concerns, and fundamental differences in opinion on just how this problem should be handled, many are wondering if this new bill can pass. That remains to be seen; the…

ThursdayOct 02, 2008 9:52 am

Buffett Calls Financial Situation ‘Economic Pearl Harbor’

In his Wednesday appearance on PBS' The Charlie Rose Show, Warren Buffett referred to the nation's current financial struggles as an 'economic Pearl Harbor', also stating his hope that Congress would soon pass a 'counterattack' in the form of a bailout bill. Buffett, who was born during the Great Depression said, "In my adult lifetime, I don't think I've ever seen people as fearful economically as they are now." He went on to admit that when others are fearful, he tends to get greedy, and ultimately reap the benefits of a hammered-down market. Let us hear your thoughts below:

ThursdayOct 02, 2008 9:52 am

The Fight Zone, Inc. (TFZI.PK) Joined By World Champion Fighter

The Fight Zone ("TFZ") is a world-class mixed martial arts (MMA) training and management firm that prides itself on developing top-notch MMA competitors' careers from top to bottom. From its 5,000 square foot facility in Las Vegas, Nevada, TFZ provides everything from strength and discipline training to full-service management, marketing, and sponsorship programs. TFZ announced Thursday the addition of 18-time world Karate champion Donald "The Grinch" Vickers to its roster of top-level MMA competitors. The 21 year-old has attained a second-degree black belt in Chinese Kenpo/Wu Ying Chuan under the guidance of Grand Master Eddie "Flash" Newman. Donald Vickers has…

ThursdayOct 02, 2008 9:38 am

Red Chip Featured Company: Duska Therapeutics, Inc. (DSKA.OB)

Duska Therapeutics, Inc. (DSKA.OB) is a specialty pharmaceutical company that is focused on developing cardiovascular and pulmonary medicines based on the new pharmacology of adenosine 5’-triphosphate (ATP) and nitric oxide (NO). The two molecules play a role in cellular metabolism and signal transduction, which Duska feels can be used in new therapeutic modalities or the treatment of major cardiovascular disorders. ATP is a naturally-occurring substance found in every human cell and whose energy fuels all functions of the human body. ATP is released from cells into the extracellular space under physiologic and disease conditions. The extracellular ATP then activates the…

ThursdayOct 02, 2008 9:34 am

Red Chip Featured Company: Echo Therapeutics, Inc. (ECTE.OB)

Echo Therapeutics is a medical device and specialty pharmaceutical company based out of Franklin, Massachusetts. The company is focused on developing a trans-dermal continuous glucose monitoring (tCGM) system and developing reformulations of a variety of FDA-approved specialty pharmaceutical products. Echo is applying its patented AzoneTS™ trans-dermal drug formulation technology to create a suite of topical reformulations on FDA-approved products that are on the market today. The company plans to create the reformulations in accordance with the FDA’s Section 505(b)(2) guidelines. Echo intends to capitalize on its long-term relationship with Cato Research, a global contract research and development organization (CRO), and…

ThursdayOct 02, 2008 7:49 am

Legacy Wine & Spirits International Ltd. (LWSP.OB) Appears on Track to Offering a Good Bottle of Wine to China

There are many consumer items that western cultures take for granted. The power of a solid, American-made Pontiac or the decadence of a French truffle are but two consumer items that fit this bill. Many closed societies, however, have not been exposed to these items until fairly recently. Once they are exposed, they quickly find they enjoy these luxuries and can't live without them. As these cultures begin to reach past their once closed boarders, they will likely find many other tastes and needs that they were unaware of. Tapping and capitalizing on these hidden opportunities is just one way…

ThursdayOct 02, 2008 7:02 am

Budget Waste Inc. in Final Stages to Become a Reporting Issuer

Budget Waste ("BWI") announces that it is currently in the final stages of due diligence on the anticipated acquisition of a fully reporting company listed on the Over the Counter Bulletin Board. Budget has planned this strategic move for some time now in order to move the trading of its shares from the Pink Sheets to a more regulated market such as the OTCBB. By becoming a fully reporting issuer, the Company will be able to offer more transparency to its shareholders and investors. Budget anticipates that within the next 14 days, it will enter into a definitive agreement to…

ThursdayOct 02, 2008 6:36 am

MyECheck, Inc. (MYEC.OB) Gains in Popularity as Credit Card Companies Cut Off Consumers

MyECheck announced that it is growing in popularity with ecommerce sites as consumers look for alternative payment options to credit cards. According to a report published in the Wall Street Journal on September 30, 2008, credit-card issuers have been decreasing credit limits. Carol Kaplan, spokeswoman for the American Bankers Association, stated, “They're doing it to everyone.'" This reduction of available credit could literally force a substantial increase in the use of eChecks for both smaller expenses as well as bigger ticket items. This potential upcoming change is anticipated to come easily because, even with the recent boom of credit cards, checks…

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