Blog - Page 4540 of 5175

ThursdayDec 06, 2007 3:30 pm

Grubb & Ellis Company (GBE) Shareholders Approve NNN Deal

Grubb & Ellis Company's (GBE) shareholders have approved an acquisition by privately-held NNN Realty Advisors Inc, a leading commercial real estate service company. Initially, both companies agreed to this share exchange in June, specifying that NNN shareholders will be granted a 59% stake in this share exchange. However, shareholders will now receive 0.88 shares of NNN common stock for each share of GBE that they own. This stock will remain using the name "Grubb & Ellis Company" and trading under the symbol "GBE" during the upcoming weeks. In spite of this, NNN will now be based in Santa Ana, California,…

ThursdayDec 06, 2007 1:10 pm

Hoku Scientific, Inc (HOKU) Announces Progress on Financing Polysilicon Plant

Hoku Scientific, Inc. (HOKU) announced that the company has signed a non-binding term sheet agreement with Merrill Lynch for the company's wholly owned subsidiary, Hoko Materials Inc. Per the terms of this agreement, Hoku will able to borrow approximately $185 million for the construction and startup for their polysilicon production in Pocatello, Idaho. However, the closing of this loan and the availability of funds is still subject to several conditions, including the completion of due diligence, the negation of loan and collateral documents, and the receipt of third part consent. "Signing this term sheet is a milestone step towards financing…

ThursdayDec 06, 2007 1:03 pm

Skinvisible, Inc. (SKVI.OB) Signs Marketing Agreement with Avani

Skinvisible, Inc. (SKVI.OB) announced that the company has signed a marketing agreement with Avani International for the company's wholly owned division in India. This development follows Skinvisible's recent announcement stating that the company was granted a comprehensive and exclusive patent for the company's Invisicare product within India. The agreement further emphasizes Skinvisible's continued strategy to quickly expand their reach around the globe. Avani will seek additional licenses in India for the treatment of acne, fungal infections, atopic dermatitis and hand sanitizers. Furthermore, Avani will also help Skinvisible facilitate clinical studies and manufacturing logistics in this division. Terry Howlett, President and…

ThursdayDec 06, 2007 12:47 pm

Mortgage Rate Freeze

President Bush has unveiled a plan to freeze interest rates for hundreds of thousands of homeowners whose mortgages are scheduled to rise in the coming months. President Bush stated, “There is no perfect solution. The homeowners deserve our help. The steps I've outlined today are a sensible response to a serious challenge.'' After his speech was delivered Thursday afternoon, Bush was initially criticized for violating free market principles. However, this private sector plan would not represent the imposition of a government solution for the mortgage crisis. “We should not bail out lenders, real estate speculators or those who made the…

ThursdayDec 06, 2007 12:22 pm

Small Cap Companies Doing Business in China

The recent U.S. market fluctuation is enough to confuse any investor. As Americans are looking to find fiscally sound investments elsewhere, more and more individuals have been looking to invest overseas. The best opportunity for such investments is through Small Cap companies doing business in China, as they possess a significant Return on Investment opportunity not evident elsewhere. Investing in Chinese companies does not require knowledge of Chinese politics or world affairs. Rather, the easiest way to invest in Chinese companies is to simply buy what the experts are buying; however, one would need to find the right expert first.…

ThursdayDec 06, 2007 12:19 pm

Edgeline Holdings, Inc. (ELHI.OB) Signs Exclusive Option Agreement with The University of Texas M. D. Anderson Cancer Center

Edgeline Holdings, Inc. (ELHI.OB) announced that the company has entered into an exclusive Option agreement with The University of Texas M. D. Anderson Cancer Center. This agreement will grant Edgeline Holdings exclusive rights to negotiate the licensing of five technologies over a nine month period. During this period, the company will be able to develop a specific market for each product, as well as negotiate the licensing needed for use of such patents. "This agreement gives us the necessary time to allow our subsidiary, Intertech Bio, to properly evaluate the potential of these technologies," stated Leonard Ivins, Chief Executive Officer…

ThursdayDec 06, 2007 10:31 am

Stratos Renewables Corp. (SRNW.OB) Completes Share Exchange Agreement and Receives $10 Million in Financing for Renewable Fuel Production

Stratos del Peru S.A.C. recently announced the finalization of a Share Exchange Agreement with Stratos Renewables Corp. (SRNW.OB) and the completion of millions in financing. Stratos secured $10 million in financing which will enable the company to expand capacity of its current sugar mill, Estella del Norte, in northern Peru, up to 700 tons of sugar cane per day; allow the company to repay debt; and allow for the completion of relevant, feasibility studies. The $10 million in financing will also assist the company in reaching its goal to become a leading sugarcane ethanol company in Latin America. Stratos envisions…

ThursdayDec 06, 2007 10:00 am

All Penny Stocks Is Ideal for those New to the Market

AllPennyStocks.com is a great place to start learning how to invest if you are new to the world of stock trading. All Penny Stocks focuses on the small-cap and penny stock market, and has become a more familiar name in the investment community since its beginning in 1999. With two sites, one Canadian and one U.S., they provide investors in both countries with informative and unique content and information. The website runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights and runs a unique “most active pages” strictly for penny stocks trading on the TSX,…

ThursdayDec 06, 2007 9:30 am

ECOtality, Inc. (ETLY.OB) Schedules Shareholder Conference Call for Next Week

ECOtatlity recently announced that the Company will be hosting a shareholder update conference call next Wednesday at 4:30 pm. The President and CEO of ECOtality, CFO of ECOtality, President and CEO of eTec, and President and CEO of Innergy Power will all attend. The call will discuss the Company’s recent acquisitions and provide an update regarding general business developments. Those interested will be able to participate by dialing (866) 225-8729 or (480) 629-9564 for international callers. When prompted, ask for the "ECOtality, Inc. Shareholder Update Conference Call" and enter Passcode 3814022. A telephonic replay of the conference call may be…

ThursdayDec 06, 2007 7:40 am

NavStar Technologies, Inc. (NVST.PK) Reveals Key Specifications Regarding Its Feature-Rich Voice Navigator Product

NavStar Technologies announced additional details regarding its leading-edge, affordable personal navigation device, the Voice Navigator(TM). The company’s innovative product enables users to request and download the latest routing information, or make a hands-free call with voice, rather than through conventional input requiring a screen. Out of the 300,000,000 vehicles currently on U.S. roads, only 9% actually use a navigation device or system according to ABI Research. The market for these solutions is expected to grow rapidly exceeding more than 100 million units by 2011. NavStar Technologies has named their product the “Ultimate Wireless Accessory” as it has the multi-functionality and…

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