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TuesdayFeb 26, 2008 5:02 am

Almaden Minerals Ltd. (AAU) Announces Diamond Drilling Program at Viky Project; Acquisition of Stake in Caldera Project

Almaden Minerals Ltd. (AAU) recently announced that Apex Silver Mines Ltd. has begun a diamond drilling program on Almaden’s wholly owned Viky silver lead zinc project located in western Coahuila State, Mexico. Almaden is a mineral exploration and development company and currently has an interest in 22 properties under active exploration. Under the terms of a February 2007 agreement between the companies, Apex Silver can earn a 60% interest in the property by making expenditures totaling US $5.6M and cash payments of US $1.35M over 5 years from the date of signing. Almaden received a 43-101 compliant technical report from…

TuesdayFeb 26, 2008 4:56 am

Mvive, Inc. (MVIV.PK) – User Controlled Mobile Messaging the Way of the Future

Since the early 2000’s, Mobile Messaging has grown exponentially around the world. It has been especially successful in Europe and Asia. Businesses there collect numbers and send marketing content to millions of consumer’s phones. With this method, however, the promotions are not sent to the specific target consumer. Many times, they are sent to customers who simply are not in the target market. This can cause a myriad of problems including wasted marketing dollars and a poor corporate image for spamming consumers. Mvive’s User controlled Marketing allows the company to qualify their leads and direct rich content to targeted customers.…

TuesdayFeb 26, 2008 4:53 am

Varsity Group Inc. (VSTY) Enters Into Definitive Merger Agreement for $0.20 per Share

Varsity Group Inc. announced February 25th it has entered into a merger agreement with subsidiary of Follett Corporation, the nation’s largest provider of library materials and technology to K-12 schools, the leading operator of college bookstores, and major distributor of textbooks at all levels of education. Proceeding after the merger agreement, Follett will acquire all outstanding shares of Varsity Group for $0.20 per share in cash and is expected to commence in the next two weeks. The tender offer is subject to a number of closing conditions and is currently expected to close in the second quarter of 2008. This…

TuesdayFeb 26, 2008 4:50 am

Lithium Technology Corporation (LTHU) Receives $4.7 Million Order For Hybrid Bus Application for Joint Program

Lithium Technology Corp. is a leading manufacturer in the Lithium battery market (large rechargeable). They have announced the receipt of an order for a hybrid buss application of approximately $4.7 million in a joint program with Kettering University and TransTeq. Dr. Klause Brandt, CEO of Lithium Technology Corporation said, “LTC is very pleased to be part of this outstanding team and the technology of choice for this hybrid bus project in Michigan. Today we demonstrate our ability to supply large batteries that meet the most stringent demands and that are safe and reliable.” As an alternative to the current diesel-powered…

TuesdayFeb 26, 2008 4:47 am

New Chief Financial Officer Joins EnDevCo, Inc. (ENDE)

Joseph Lessard was named as Chief Financial Officer and Vice President Americas for EnDevCo, Inc, a developed energy company. CEO Chris A. Dittmar stated, “Joe Lessard has eighteen years of ‘hands on’ entrepreneurial experience in energy development and power plan operations. His broad business development and structural finance experience will help us accelerate revenue generation from our current asset base in the United States and South America.” The previous company Mr. Lessard served as Vice President where, under his leadership, the company successfully entered the power markets in Peru, Boliva, Argentian and Chile. Mr. Lessard was directly responsible for negotiating…

MondayFeb 25, 2008 7:19 pm

Natural Gas Services Group, Inc. (NGS) Announces Move to New Warehouse; Fiscal and Third-Quarter Fiscal Results

Natural Gas Services Group, Inc. (NGS) announced its move to a new fabrication, warehouse and office facility located in Midland, Texas. The building contains approximately 48,500 square feet of fabrication and warehouse space, plus 3,200 square feet of office spaced on approximately 9.30 acres of land. The facility will double the company’s fabrication space for rental compression equipment and enable expansion of Natural Gas’s rental fleet, according to Stephen Taylor, chairman; president and chief executive officer of the company. The company will sell its present facility. The company also announced its third quarter and year-end fiscal results as of December…

MondayFeb 25, 2008 4:41 pm

HotOtc Featured Company: Dakshidin Corporation (DKSC.PK) Embarks on New Windmill

Dakshidin Corporation currently produces the world's most powerful pumping windmill through its wholly owned subsidiary, RESTEC International, Inc. Using free, renewable energy to pump water as far as 10 miles away, and from depths of up to 4,000 feet, the RESTEC Mark 10 water pumping windmill works with wind speeds as low as 4 mph. Over several years, the company has spent over $5,000,000 in research and development of the RESTEC Mark 10. Testing has already occurred at the University of Texas A&M, in their Turbo Machinery Laboratory and at the Department of Agriculture in Alberta, Canada. The tests clearly…

MondayFeb 25, 2008 4:38 pm

OTCPicks Featured Company: IPtimize Inc. (IPZI.PK) Closes $1.65 Million Bridge Loan to Fund Expansion of Core Offering

IPtimize, Inc. announced the closing of a bridge loan agreement, taken effect as of today, which was with a group of non-affiliated lenders. The company borrowed an aggregate of $1,650,000 to fund its offering of broadband voice and data services to the cable TV industry. The loan was represented by a nine-month promissory note bearing interest at the rate of 12.99% per annum and convertible into shares of the company's common stock at $0.45 per share. Through the Bridge Loan Agreement, IPtimize gained the right to prepay the loan amount on 45 days prior written notice at any time after…

MondayFeb 25, 2008 4:34 pm

Time Warner (TWX) – A Lumbering Giant

Time Warner (NYSE: TWX), the world’s largest media company, known for everything from CNN to Superman, is made up of five main divisions. They are AOL, with its interactive operations; Time Warner Cable (NYSE: TWC), which features high-speed digital phone and cable; Film and Entertainment, which is the television, video and distribution division, Network, which features their cable and broadcast networks; and Publishing, which is largely their print magazine division. Time Warner Cable is a publicly traded company of which the parent company, Time Warner, owns 84%. The Network division is largely comprised of the former Turner Broadcasting System properties,…

MondayFeb 25, 2008 2:47 pm

February 25th CEOcast Weekly Newsletter

While the trading week was shortened due to the President's Day Holiday, it certainly did not lack for volatility, although when the dust settled the major indices turned in a mixed performance. The Dow Jones industrial average rose by 33 points, to cut its year to date loss to 6.7%. The Nasdaq continued to struggle as it recorded an 18 point loss, bringing its year to date loss to 13.2%. The Standard & Poor's 500 Index gained 3 points to reduce its year to date loss to 7.8%. The Russell 2000 lost 6 points, boosting its year to date loss…

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