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WednesdayMar 12, 2008 4:45 pm

Undiscovered Equities Restates Buy Rating for American Oil and Gas, Inc. (AEZ) with a Target Price of $8.50

American Oil and Gas, Inc. (AEZ), an independent oil and natural gas company engaged in exploration, development and production of hydrocarbon reserves primarily in the Rocky Mountain region, recently received a reiterated buy rating from Undiscovered Equities with a target price of $8.50. As reported by Undiscovered Equities, the stock has traded on low volume this week; however, American Oil and Gas recently released proved reserve estimates for the company’s three wells with EURs of close to 3.0 bcfe, which exceed modeled expectations of 2.2 bcfe. Undiscovered Equities cautions that American Oil and Gas is still a very early-stage company,…

WednesdayMar 12, 2008 12:26 pm

Uranium Energy Corp. (UEC) Acquires Rights to Historic Uranium Database

Today officials from Uranium Energy Corporation proudly announced that the company has completed the acquisition of the historic Kerr-McGee uranium database from Tronox Worldwide LLC, a spin-off of the former uranium-producing giant. This database is considered to be one of the largest of its kind, encompassing information on nearly all of North America and Australia. UEC will put the database to immediately use by reviewing and prioritizing the data in order to coordinate with current projects and future explorations. The database consists of approximately 300 containers of maps, geologic reports, prospects, assays, electric logs of exploration and development drill holes,…

WednesdayMar 12, 2008 12:15 pm

Purple Beverage Company, Inc. (PPBV.OB) to Hit Southern California Hot Spots

Purple Beverage Company, Inc. (OTCBB: PPBV) today announced the completion of a distribution agreement with Haralambos Beverage Company, which represents Snapple, Vitaminwater, Corona and Corona Light in retail stores, delis and various social locations such as hotels, restaurants, nightclubs and bars. Per the agreement, Haralambos will present Purple to the Los Angeles, Orange, San Bernardino and Riverside counties. “We are very excited to partner with Haralambos Beverage Company to introduce Purple into this thriving beverage market,” Purple Beverage founder and CEO Ted Farnsworth said in the press release. “As one of the largest distributors in Southern California, Haralambos Beverage Company…

WednesdayMar 12, 2008 11:10 am

Reed’s, Inc (REED) Announces Virgil’s Root Beer will be “On Tap”

Reed’s Inc. (REED) announced today that its Virgil’s Root Beer will be distributed as a draught choice in New England and Southern California by the end of this month. With the non-alcoholic beverage industry worth nearly $7 billion in 2004, along with the surge of demand for energy and specialty drinks on the rise, Reed’s choice to enter into the draught soda business is timely. "We are very excited that Virgil's leading line of beverages will now include a draught Root Beer,” said company founder and CEO, Christopher Reed. "Most micro-breweries generate 30-50% of their business from draughts and we…

WednesdayMar 12, 2008 10:38 am

e.Digital Corporation (EDIG.OB) Plans to be On Demand this Year

The best way to start or end any vacation is to relax on a long flight to your destination. Often times we hope that the airline has a good in-flight movie because this is a leisure trip and our laptops should be at home. But who wants to watch a movie you’ve already seen or miss the good part because a trip to the bathroom was necessary? Fortunately for us airlines are now utilizing companies like e.Digital which offers On Demand Services. e.Digital Corporation provides secure portable video and audio On Demand products to the airline industry, as well as…

WednesdayMar 12, 2008 9:36 am

Pressure BioSciences, Inc. (PBIO) Reports 2007 Financial Results and Provides Business Update

Pressure BioSciences, Inc. announced its total revenue for 2007. Revenue for the year totaled $645,870, a significant rise compared 2006’s revenue of $210,289. An increase in sales of PCT products and services was primarily attributed to the increase in revenue. According to Pressure BioSciences, 20 PCT Systems were installed during 2007, which is more than double the 8 that were installed in 2006. An increase in the number of PULSE Tubes and ProteoSolve-LRS Kits sold also contributed to the substantial increase in revenue. In addition, the Company recorded $246,083 of grant revenue during 2007, while no grant revenue was reported…

WednesdayMar 12, 2008 9:02 am

MyECheck Launches Online Check Processing on Dazadi.com

MyECheck Inc. (OTCBB: MYEC), a leading provider of comprehensive viable alternative payment solutions, announced that it has launched online check 21 processing solutions with its partner, CardinalCommerce on Dazadi.com. Dazadi.com, a privately owned online recreational retail site that sells items for play and relaxation, is based out of Los Angeles, California. Dazadi.com was started by four brothers setting out to achieve a simple goal: enjoyable, easy and convenient online shopping with less hassle and more options. Since starting in 2002, Dazadi.com is continuously searching for new ways to reach more customers with their trademark customer service and offering of products…

WednesdayMar 12, 2008 8:52 am

HotOtc Featured Company: Purple Beverage Company Inc. (PPBV.OB) Announces Distribution Agreement with Large Southern California Distributor

When a new product is being launched, being seen in the right hands is very important. But how to go about the process is the key. If a company offers a cooler product launch during an Alaskan whiteout, a tough go may be ahead. If it launches the same cooler product in chic hotspots, a more profitable outcome is likely. Purple Beverage Company Inc., a development stage manufacturer/marketer and distributor of natural beverage products, is currently working to expand regional presence within its market. The company has recently completed a merger with Venture Beverage Company Inc. to facilitate this expansion…

WednesdayMar 12, 2008 8:32 am

Third Wave Technologies Inc. (TWTI) Announces Completion of Clinical Trial for Human Papillomavirus (HPV) Tests

Third Wave Technologies Inc. (TWTI), headquartered in Madison, Wisconsin, develops and markets molecular diagnostic reagents for a variety of DNA and RNA analysis applications. The company offers a number of products based on its Invader® chemistry for clinical testing. Third Wave offers in vitro diagnostic kits as well as analyte specific, general purpose, and research use only reagents for nucleic acid analysis. The company announced that all primary clinical endpoints in the clinical trial for its human papillomavirus (HPV) tests have been achieved. HPV is a sexually-transmitted infection that affects skin and mucous members, and in some instances can cause…

WednesdayMar 12, 2008 8:07 am

Modavox Inc. (MDVX.OB) Delivers on Massive Worldwide Pay-Per-View Internet Event

Modavox Inc, a worldwide internet content provider, has combined their Video BoomBox video box office software with spiritual media publishing company ‘Sounds Trues’ to provide a worldwide internet pay-per-view event, which took place March 7-8, 2008. The event was delivered to viewers, listeners and attendees of bestselling author Eckhart Tolle. Mr. Tolle is a recognized leader of spiritual thought. He often speaks to sold out audiences desiring help with finding inner peace, health and life fulfillment. Although Mr. Tolle does not attach a religious aspect to his teachings, he does not discount the importance of religion to any individual’s search…

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