Blog - Page 4720 of 5438

MondayJan 21, 2008 6:05 pm

$118 Billion in China Bank Misconduct

The Shanghai Daily News and the Associated Press reported that Chinese bank regulators have found a total of $118 billion (860 billion Yuan) in irregularities last year. The banking misconduct caused the firing of 177 bank managers, though it was unclear as to whether anyone would face prosecution. Neither the banking commission nor the Xinhua News Agency gave any more specifics as to what the offenses were, or what the extent of the activities were. The Chinese government has attempted to improve oversight in the banking industry to provide greater transparency in their attempts to sell more shares to foreign…

MondayJan 21, 2008 6:01 pm

Recession Talk Grows

A Fortune poll revealed that three out of four Americans believe we are either already in a recession now or that we will be in recession sometime this year. With this in the air, following Federal Reserve Chairman Ben Bernanke’s appearance before Congress last week calling for quick action and economic stimulus and the growing concern over the ongoing subprime mortgage debacle as it virally bores its way through the economy, the markets took due note. Friday’s close on the S&P 500 was slightly down again, to 1,325.19, while the Dow was off another 59.91 to 12,099.30, as it threatens…

MondayJan 21, 2008 5:58 pm

Beacon Equity Research Featured Company: Grandview Gold, Inc. (GVGDF.OB)

Grandview Gold Inc. (GVGDF.OB) acquires, explores and develops high-grade gold properties in low political risk environments such as the United States and Canada. The company is headquartered in Toronto and in the development stage. Grandview Gold holds mining interests in major gold districts including Red Lake, Ontario, Carlin Trend, Nevada, and in the emerging Rice Lake District of Manitoba. These mining interests range from 50% to 100% in eight mining properties and cover an estimated area of 13,740 hectares. The Company was founded as Loisan Red Lake Gold Mines Limited in 1945 and then changed its name to Grandview Energy…

MondayJan 21, 2008 3:10 pm

Beacon Equity Research Featured Company: TradeShow Marketing Company, Inc. (TSHO.PK)

TradeShow Marketing Company, Inc. (TSHO.PK) is a specialty retailer providing a range of products from health and fitness equipment to household and office applications. The Company develops proprietary, private labeled products that are marketed through five complementary sales channels. Tradeshow products can be found with Direct Response Television (DRTV), trade shows, wholesale and online channels. The Company develops innovative high-end consumer products with a practical and universal appeal. TradeShow has positioned it products to compare to those that can be found at a Brookstone or Sharper Image store. The company’s products are normally found in the price range of $30…

MondayJan 21, 2008 3:05 pm

Beacon Equity Research Featured Company: Santa Fe Holding Company (SFHD.PK)

Santa Fe Holding Company (SFHD.PK) is a restaurant holding company. The company owns and operates a chain of 18 Santa Fe Cattle Co. "roadhouse" steak restaurants and 1 licensed store. Headquartered in Brentwood, Tennessee, its restaurants are located in Alabama, Georgia, Mississippi, Indiana, Tennessee, Kentucky and Oklahoma. Santa Fe Cattle Co. restaurants separate themselves from competing roadhouse-themed chains with their high quality menu choices, which includes an exclusive blend of aged USDA Choice steaks and Chuck Wagon favorites, all created exclusively for Santa Fe Cattle Co. The menu offers a wide variety of Texas Hill Country influences from south of…

MondayJan 21, 2008 2:52 pm

Material Technologies, Inc. (MTTG.OB) – EFS, The EKG for metal fatigue

Material Technologies, Inc. (OTCBB: MTTG) which we also know as "MATECH" is primarily engaged in the research and development of metal fatigue detection, measurement, and monitoring technologies. Okay, so what's all that about? It's about preventing metal failure before it happens. Let's compare it to a medical checkup. You go to the doctor, and he checks your heart rate, your pulse, your blood pressure. He might order tests that determine your cholesterol levels, and your histamine levels. Then it's onto the stress tests for your heart, such as the EKG. This monitors the heart’s function when it's put under the…

MondayJan 21, 2008 11:29 am

Empire Film Group Inc. (EFGU.PK) Successfully Releases First Joint Film with Insight Films Studio “Blonde and Blonder”

On January 18, 2008 the joint venture between Empire Film Group and Insight Film Studios came to life on the big screen in select theaters nationwide. “Blonde and Blonder” staring Pamela Anderson and Denise Richards is also expected to be released to a larger number of theaters on Jan. 15, Feb 1st and Feb 8th. The film finds the beautiful blondes as witnesses to a mob hit, and through a series of wacky events, the two are mistaken for a couple of the world’s best female assassins and offered a large sum of money to “take out” a rival Chinese…

MondayJan 21, 2008 11:25 am

OTCPicks Featured Company: Helix BioMedix, Inc. (HXBM.OB) Announces Entrance into Manufacturing and Supply Agreement with Peptisyntha, Inc.

Helix BioMedix, Inc. announced that it has entered into a manufacturing and supply agreement with Peptisyntha, Inc. Helix BioMedix, Inc. is a developer of bioactive peptides, while Peptisyntha, Inc. is an affiliate of Solvay S.A. Pursuant, and will manufacture and supply to Helix BioMedix its conditions for specific peptides at agreed upon prices for an initial term of two years. "This agreement is significant for Helix BioMedix as it addresses several critical components that are important to the company both now and in the future," stated R. Stephen Beatty, President and CEO of Helix BioMedix, Inc. "First, our relationship with…

MondayJan 21, 2008 11:22 am

HotOtc Featured Company: Adolor Corporation (ADLR) Product in the Approvals Pipeline

Adolor Corporation, a biopharmaceutical company working in the pain management area, has one drug under FDA Phase I start-up study and one in final Phase II approvals consideration. “Promising” is the general word that most are currently using for the Phase II Entereg product. It is expecting further responses from the FDA on January 23d. A phase I Delta agonist product has been granted the go ahead for trials to begin in the first quarter of 2008. Currently, the short term prognosis for the Entereg product is thought to be good where approvals are concerned. Some, however, are a bit…

MondayJan 21, 2008 11:20 am

OTCPicks Featured Company: MetaPower International, Inc. (MTPW.PK) to Begin Stock Exchange Program for Shareholders

MetaPower International, Inc. (OTC: MTPW) announced today that the company will begin to offer a share exchange program for its shareholders. The company will offer the exchange of common shares of stock for convertible preferred stock to be valued at $1.00 a share. As a shareholder, every 100 shares of common stock given back to the company, the shareholder will incur one share of convertible preferred stock valued at $1.00 for future conversion purposes. The shareholders will also acquire a warrant to purchase one share of the company's common stock. In order to be considered for the program, current shareholders…

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