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FridayMay 02, 2008 1:45 pm

Hybrid Technologies, Inc. (HYBR.OB) Named as One of the Top 10 Early Contenders for the Automotive X Prize

Hybrid Technologies, Inc. (HYBR.OB), an emerging leader in the development and marketing of lithium-powered products worldwide, was recently named as one of the top 10 early contenders for Popular Mechanic’s Automotive X Prize, a $10 million competition to determine the most fuel-efficient cars in the world. The 64 entrants were evaluated on six factors: technological feasibility, fuel economy, design, performance, price, and production reality. Hybrid Technologies has developed various chemistries internally for lithium-ion batteries, and has already surpassed the 100-mile-per-charge threshold. The winning X Prize vehicle will feature the following performance and aerodynamic specifications: charge between 100 and 120 miles;…

FridayMay 02, 2008 10:58 am

China Pharma Holdings Inc. (CPHI.OB) Announces 62% Increase in Q1 Revenues

China Pharma Holdings Inc. (OTCBB: CPHI) develops, manufactures and markets generic and branded bio-pharmaceutical products throughout China. Today the company announced its first-quarter results, posting an increase in revenues and net income, as well as reiterating its 2008 full year revenue to surpass 40 percent growth. For the first quarter of 2008, China Pharma increased its revenues 62 percent to $11.7 million from $7.2 million for the same period last year. The company attributes the increase to its expanded production of its product portfolio and enhanced marketing efforts. Net income was $4.2 million, a 77 percent increase over the first…

FridayMay 02, 2008 10:24 am

Firstgold Corp. (FGOC.OB) – $1.1 Million Private Placement is One Step Closer to TSX Listing

Firstgold Corp. (OTCBB: FGOC) today announced it has completed a private placement of $1.1 million U.S. convertible debenture with a private investor, bearing 10 percent interest for the duration of 20 months. The private placement is convertible into common shares of the company at 80 cents per share. The company will also issue the investor warrants to purchase $1.1 million of Firstgold’s common stock, exercisable at $1 per share up to 30 months from closing. The private placement will assist the company in its efforts to trade on the Toronto Stock Exchange. “A condition precedent of Firstgold receiving a listing…

FridayMay 02, 2008 9:56 am

Northwest Pipe Company (NWPX) Awarded Massive Contract

Northwest Pipe Company (NWPX) reported Wednesday that it has agreed to supply $22 million in steel pipe to Reynolds-Tierdale for the Prairie Waters Project in Aurora, Colorado. The Vancouver-Based company will supply around 68,000 feet of 6-inch steel pipe valued at approximately $22 million. The pipe will be used to draw water from the South Platte River to supply the city of Aurora. The pipe is expected to be manufactured in the Company's Denver, Colorado division with delivery scheduled to begin in the third quarter of this year. The size of the work order is incredible, considering Northwest Pipe's average…

FridayMay 02, 2008 9:54 am

Communication Intelligence Corporation (CICI.OB) Forms Strategic Alliance with MXI Security™

Communication Intelligence Corp. (CIC) is an industry leader in the field of biometric signature verification. Perhaps it is best known for its Sign-it® products, which include several 'eSignature' methods such as click-to-sign, PKI, seals, biometric handwritten, voice, and fingerprinting. In a press statement released on Thursday, CIC announced a newly formed partnership with MXI Security™, a company dedicated to providing superior portable security solutions. The aim of the agreement is, through a combined effort and fusion of technologies, to provide the first environmentally-friendly, portable electronic signature solution for the financial industry. Guido DiGregorio, CIC’s Chairman & CEO commented: “With this…

FridayMay 02, 2008 9:53 am

Visa Inc. (V) – Analysts May be Wary but Their Price Targets Just Keep Rising

When a company is working on all cylinders, there is little that can be done to slow it down. The company’s bread and butter sales may be having a difficult time, but there’s cash to muddle through. The company’s working partners are happy, the board is happy, and, most of all, shareholders are happy. Visa Inc., a retail electronic payments network, works to process the world’s retail financial transactions for credit cards, ATM’s and debt payments. As a newly traded company, the financial markets are still working to determine some sort of “standard” by which to judge the company’s performance.…

FridayMay 02, 2008 9:13 am

SkyPostal Networks Inc. (SKPN.OB) Provides Economical Reliable Service throughout Latin America

SkyPostal Networks Inc. (SKPN.OB) has a goal to create a new standard for “time defined” mail delivery. The company’s first area of focus is Latin America and the Caribbean (LAC). Utilizing competitor’s traditional regional mail services, mail is delivered in a 17-day time frame and has a 30 percent average loss rate. SkyPostal, which currently handles over 25 million pieces of mail per month, is able to hand-deliver its mail over an average 7.5 day period. SkyPostal is the largest private mail network in the LAC, and has agreements with the “best in class” messengers in each country it services.…

FridayMay 02, 2008 8:45 am

ShazamStocks Featured Company: China Voice Holdings Corp. (CHVC.PK) On Track to $327 Million in Revenue by 2010

Entering a new and evolving marketplace is not for the faint of heart. This is especially true if it involves different cultures, new technologies and a combined customer base of well over 3 billion people (depending upon how they are counted.) Add in the unknown of where the marketplace will ultimately end-up, and you have a prescription for hair pulling. Big moves, however, mean big rewards. For those willing to take a ride, exceedingly large profits may be had. China Voice Holdings Corp., a Chinese company with headquarters located in South Florida, USA, is the holder of key telecommunications intellectual…

FridayMay 02, 2008 8:36 am

Indigo-Energy, Inc. (IDGG.OB) Has Signed a Letter of Intent

Indigo-Energy, Inc. (OTCBB:IDGG) announced this morning that the company has signed a Letter of Intent (LOI) with International Financial Corporation, LLC (IFC) to form Rivers West Energy, LLC. Under the terms of the LOI, International Financial Corporation has agreed to provide the company, upon the execution of a definitive agreement, with $624,000,000. On completion of the execution of the agreement, Indigo Energy will retain 60% ownership of Rivers West Energy, with IFC owning the remainder. Steve Durdin, CEO and President of Indigo-Energy, Inc., said "Today's announcement is a monumental step in the right direction for the Company - from both…

FridayMay 02, 2008 7:10 am

Ambac Financial Group Inc. (ABK) – Bonding Out

Major bond insurer Ambac Financial Group Inc. (ABK) has lost money for three straight quarters and may be forced to raise more capital. Its stock is down 43% and the $1.66 billion loss raises questions about its "AAA" credit rating. If trends like this continue, it is going to have to go back to the markets very soon. The company's net worth is dwindling as it is forced to write down bad assets linked to sub-prime mortgages. It is important to look at the net worth of a company like Ambac because a low net worth will cause difficulties in…

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