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ThursdayMay 29, 2008 2:17 pm

High Ridge Resources Inc. (HRR.V / HR2.F) Begins Drilling in Peru

High Ridge Resources Inc. (TSX-V: HRR // FRANKFURT: HR2) has announced that the drilling program at its Chanape project in the San Mateo area, 90 km east of Lima, Peru has begun. Gary Anderson, president and CEO of High Ridge Resources Inc., commented: "We are very excited that the drilling program is getting underway at Chanape. I am pleased at the way the High Ridge team and our consultants have managed the numerous challenges we have faced over the last nine months in Peru and in Canada. We are looking forward to having the Chanape targets finally tested." The drilling…

ThursdayMay 29, 2008 11:30 am

Last Mile Logistics Group (LMLG.OB) Receives Thumbs-Up from Beacon Equity Research

Last Mile Logistics Group has been delivering to the Mid-Atlantic market for several years. Through its subsidiary, Chesapeake Logistics, the company handles the "last mile" of courier service for numerous types of clientele. Last Mile Logistics has a long list of high-profile companies for which it has delivered, including Pier 1 Imports, JCPenney, and Ticketmaster, just to name a few. Last Mile is the subject of a recent Beacon Equity Research report, in which it received a 'Speculative Buy' rating, and a target price of $0.32 from analyst Lisa Springer, CFA. The report states: “We think LMLG warrants a valuation…

ThursdayMay 29, 2008 11:29 am

Perry Ellis International, Inc. (PERY) Enters into Licensing Agreement with Smart Apparel U.S. for Men’s Dress Clothing Line

Perry Ellis International, Inc. (PERY), with headquarters in Miami, Florida, is a designer, distributor and licensor of a broad line of high quality merchandise. This merchandise includes men’s and women’s apparel, accessories, and fragrances, and is available through all major levels of retail distribution. Through wholly-owned subsidiaries, the company possesses a portfolio of nationally and internationally recognized brands such as Perry Ellis®, Jantzen®, and Cubavera®. The company has entered into a licensing agreement with Smart Apparel U.S. to design, manufacture and distribute a collection of tailored clothing that includes men’s suits, suit separates and sports jackets. Smart Apparel U.S. is…

ThursdayMay 29, 2008 10:34 am

Startup Offers Coupons Via Mobile Phone

Jax Say Hello, a startup that has built a technology platform for delivering voice ads to information seekers, has launched several services while continuing to seek strategic partners to increase its customer base and expand to new markets. Among the new features on Jax Say Hello, which began operating Sept. 8, 2007, is a channel for delivering merchant coupons on-demand via mobile phone text message. Others are on-demand traffic reports, cheapest gasoline price search, driving directions and airline flight schedules. "We're really blazing some new trails that people wouldn't expect from a Jacksonville company," founder and CEO Jim Geddes said.…

ThursdayMay 29, 2008 8:38 am

Voyant International Corp. (VOYT.OB) Adds $2 Million Wireless White Space Radio Contract in its Quest for the Digital Entertainment Dollar

When it comes to staking claims, the digital future of the entertainment world can be likened to the Oklahoma land rush. Most of the companies involved have an idea of where to go, but aren’t quite sure what may be in their way or what they will find when they get there. To run in this race for position, most involved are running many horses to see which digital concepts stick. Those that have the greatest horsepower and best strategy will be the ones that stake their claim to the digital profit prize. Voyant International Corporation Inc., a media technology…

ThursdayMay 29, 2008 8:35 am

Beacon Equity Research Featured Client: General Automotive Company (GNAU.OB)

General Automotive Company (GNAU.OB) operates primarily through their two wholly-owned subsidiaries, Global Parts Direct and OE Source. Through these, the company sources, distributes and sells automotive systems, modules, components and auto electronics to automotive manufacturers and the automotive aftermarket. General Automotive has established relationships throughout the United States, Japan, China, Taiwan, Thailand and Malaysia. General Automotive’s established relationships include auto manufacturers, vehicle processing centers, and major distributors. The company’s Global Parts Direct subsidiary is a Tier 1 supplier to the Mopar Division of Chrysler. They were also given recognition in 2005 as a top-performing supplier of Mopar. General Automotive’s product…

ThursdayMay 29, 2008 8:24 am

Small Cap Voice Featured Company: China Jiangsu Golden Horse Steel Ball, Inc. (CJGH.PK)

China Jiangsu Golden Horse Steel Ball, Inc. (CJGH.PK) is a leading manufacturer of steel ball bearings in China. The company is a top five manufacturer producing over three billion ball bearings annually. China Jiangsu has developed more than 15 new products that include stainless steel, aluminum, ceramic balls, and a vibration-isolating lubricant. The company has over 350 employees including 50 engineers. China Jiangsu plans to expand its market for both domestic and global distribution. Although the company is located and focused in China, China Jiangsu already exports products throughout the world to over twenty countries including the United States, Brazil,…

ThursdayMay 29, 2008 8:07 am

Reed’s, Inc. (REED.OB) Expands Distribution into Singapore

Reed’s, Inc. (REED.OB) announced that it has entered into a partnership with SuperNature to distribute its range of products into Singapore. In late June 2008, Reed’s will begin its sales and distribution efforts to natural food and grocery markets in the region. SuperNature, which was established in 2001, is a wholesale distributor of natural and organic products in Singapore. It provides its products through home delivery services, its own health food storefronts, and wholesale distribution to specialty shops, restaurants, and hotels. SuperNature is committed to providing organic and natural products to the Singapore marketplace and increasing awareness of natural living.…

ThursdayMay 29, 2008 8:04 am

United Natural Foods (UNFI) Announces Relocation of Pennsylvania Facility

United Natural Foods (UNFI) is an independent national distributor of natural foods, nutritional supplements, personal care items and organic produce. The company has headquarters in Dayville, Connecticut and began in the 1970s as a small retail food store in Coventry, Rhode Island. Distribution operations are divided into four principal units: United Natural Foods, Eastern Region; United Natural Foods, Western Region; Albert’s Organics; and Select Nutrition. The Eastern and Western Regions contain 10 distribution centers and provides such goods as natural and organic groceries and frozen and perishable foods. Albert’s Organics distributes organically grown produce and perishable items and delivers to…

ThursdayMay 29, 2008 7:19 am

Advanced ID Corp. (AIDO.OB) Increases Revenues for First Quarter 2008

Advanced ID Corp, a complete solutions provider in the radio frequency identification market, has released its financial results for the first quarter ending March 31, 2008, and according to the company’s data revenues increased by 123% to $424,955 compared to revenues of $190,380 for the same period of 2007. This increase was due to the growth in sales for the company’s RFID ultra-high frequency tracking and identification tags and proprietary readers, as well as contributions relating to sales of tire management solutions at Pneu-Logic Ltd., a wholly owned subsidiary acquired in late 2007. The company also saw a 120% increase…

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