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MondayMay 19, 2008 3:48 am

SkyPostal Networks Inc. (SKPN.OB) Announces Solid First Quarter Results

SkyPostal Networks Inc. (SPKN.OB) announced financial results from its Q1 2008 operations today. Based in Miami, SkyPostal specializes in the hand delivery of commercial mail and periodicals from Europe and the US into Latin America and the Caribbean (LAC). Sales for the first quarter were reported at $2,440,801, which is a 40 percent increase over the same period in 2007, where sales were $1,747,765. The reported numbers indicate improved total operating margins from 17 percent in 2007 to 24 percent in 2008. EBITDA numbers also indicated an 11 percent increase. President and CEO Albert Hernandez said, “We are very pleased…

SundayMay 18, 2008 7:19 am

Stock Guru Featured Client: Deep Blue Marine, Inc. (DPBE.PK)

Deep Blue Marine, Inc. (DPBE.PK) specializes in underwater research. The company’s emphasis is on the exploration and recovery of treasures as well as artifacts from shipwrecks around the world. Deep Blue Marine obtains revenues not only from the sale of found treasures such as silver and gold, but through the exhibitions of their found artifacts at shows and through the intellectual property rights from the sale and licensing of media rights from their videos of salvage operations. Founded in 2005 and still in its developments stage, Deep Blue has in place key materials for their success. The Company has a…

FridayMay 16, 2008 6:58 pm

JAKKS Pacific, Inc. (JAKK) Announces New Line Based on Fancy Nancy Children’s Book Series

JAKKS Pacific, Inc. (JAKK) is a multi-brand company headquartered in Malibu, California that designs and markets a broad range of toys and consumer products. The company has announced the launch of its Fancy Nancy line of dolls, doll accessories, and plush and activity items. The line also includes girls’ role-playing and dress-up accessories from JAKKS’ Creative Designs International™ division, based on Fancy Nancy, a children’s book series by Jane O’Connor and Robin Preiss Glasser. The picture book series, created for children ages 4 to 7, is about a vibrant young girl named Fancy Nancy who encourages little girls to freely…

FridayMay 16, 2008 6:03 pm

Kensey Nash Corp. (KNSY) Enters Into Sales Agreement with Spectranetics

Kensey Nash Corp. (KNSY), a medical technology company that provides solutions and technologies for a variety of medical procedures, has entered into a definitive agreement with Spectranetics Corporation. Under the agreement, the company will sell its endovascular business, including the ThromCat™, QuickCat™ and Safecross™ products, to Spectranetics. Spectranetics manufactures and sells the only excimer laser approved in the United States, Europe and Japan for use in multiple, minimally invasive cardiovascular procedures. Kensey Nash will receive up to $24M consisting of a $10M initial cash payment, $8.0M in future product development milestone payments, and a $6.0M milestone associated with cumulative sales.…

FridayMay 16, 2008 4:29 pm

OTCPicks Featured Company: Millennium Cell, Inc. (MCEL) Ceases All Operations

Millennium Cell, Inc. (NASD: MCEL) informed the public that they will be terminating the company's executive officers and employees at the close of business on Friday, May 9. Employees of the company were advised that there could be a possible recall offer for employment if immediate cash funding in a sufficient amount is attained to restart operations. The Executive Committee of the Board of Directors and other members of senior management who are serving on a voluntary basis only have been in contact with a corporation that has expressed interest in entering into a reverse merger transaction with the company,…

FridayMay 16, 2008 4:26 pm

Mega Media Group Inc. (MMDA.OB) Subsidiary Pulse 87 Hits the Big Apple with Big Advertising Opportunity

Pulse 87, a subsidiary of Mega Media Group Inc. (OTCBB: MMDA), is a dance music radio station playing the latest hits and remixes from around the world. The radio station is also home to the Star & Bucwild Morning Show in New York. This fully commercial radio property, broadcasted at 87.7 FM, reaches an average of 30,000 listeners each week via netcast alone. The station’s Web site allows for online listening, hosts a barrage of celebrity news articles, the station’s recent playlist, featured artists, contests, downloads and more. The station's variety of popular music attracts a large demographic, spanning teenagers…

FridayMay 16, 2008 1:06 pm

Finisar Corp. (FNSR) and Optium Corp. (OPTM) to Create the World’s Largest Component Supplier for Communications Industry

Finisar Corp. (Nasdaq: FNSR) and Optium Corp. (Nasdaq: OPTM) will join forces to become the world’s largest supplier of optical components, modules and subsystems for the communications industry. The partnership is beneficial to both companies, creating new growth opportunities and a strengthened core customer relationship paired with complementary product portfolios. “This combination leverages the unique strengths of both companies,” Eitan Gertel, chairman and CEO of Optium stated in the press release. “In combining with Finisar, we will unleash a powerful opportunity to create added shareholder value through breadth of product, enhanced customer support and manufacturing flexibility. With little product overlap,…

FridayMay 16, 2008 1:04 pm

China Biopharmaceuticals Holding Inc. (CHBP.OB) Posts 78 Percent Increase in Q1 Revenue

China Biopharmaceuticals Holding Inc. (OTCBB: CHBP) focuses on the discovery, development, manufacturing and marketing of pharmaceutical products in the People’s Republic of China. Today the company announced its first quarter results for the period ended March 31, 2008. China Biopharmaceuticals posted first quarter revenue at $10.9 million, up 78 percent from $6.1 million last year. The company attributes the increase to the rise in price and sales of its raw material drugs at its main manufacturing plant, Erye; the revamped medical insurance system in China, promoting Erye’s drugs; and the increased price of freeze-dried drugs. Net income was $492,076 for…

FridayMay 16, 2008 1:02 pm

Celsius Holdings, Inc. (CSUH.OB) Announces Partnership with Griffin Beverage Company

Celsius Holdings, Inc. (OTCBB: CSUH) announced a partnership with distributor Griffin Beverage Company. The calorie burning, metabolism-raising drink is currently being distributed in the state of Michigan. Griffin Beverage is a distributor of a variety of products, from alcohol beverages to soda and chips. Celsius reported on 4/30/08 that current gross profit had risen 121 percent over the same time period last year. Mr. Stephen C. Haley, chairman and CEO said, "We were able to more than double revenue this quarter over first quarter, last year, but we expect much more of ourselves. We consider this 'solid revenue,' as there…

FridayMay 16, 2008 1:01 pm

Panglobal Brands, Inc. (PNGB.OB) Appoints New CFO

Panglobal Brands focuses on selling branded apparel through specialty retailers and department store chains. Current brands include Mynk, a high-end denim product line that can be found at Saks 5th Avenue; Nela, a contemporary dress label; and So Sik, a junior fashions brand. In a press release this morning, Panglobal Brands announced the appointment of Charles Lesser to the post of Chief Financial Officer. From 2003 to 2007, Mr. Lesser acted as CFO and consultant to Religion Apparel, Inc. and its wholly-owned subsidiary, Guru Denim Inc, guiding Religion Apparel from a mere start-up venture to a solid company with $140…

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