Blog - Page 4722 of 5717

FridayMay 09, 2008 5:53 pm

OTCPicks Featured Company: Drake Gold Resources, Inc. (DKGR.PK) Enters into Joint Venture with Eagle Mining

Drake Gold Resources, Inc. (DKGR) announced that they have entered into a joint venture with the Texas-based Eagle Mining. The agreement is for two projects located in Mohave county Arizona, Abigail and Donovan, which total at 300 acres. Both projects show stunning evidence of a high concentration of gold that have been reported in geological essays completed by Southern Spectrographic Laboratory, Inc. The company's stock rose 32.26% on Thursday. Under the agreement Drake will hold 47% of the net proceeds in exchange for Drake furnishing additional dry-processing equipment and jointly covering daily operational expenses. The management and operation side will…

FridayMay 09, 2008 1:29 pm

Redpoint Bio Corp. (RPBC.OB) Highlights Achievements and Q1 Performance

Redpoint Bio Corp. (OTCBB: RPBC) engages in the development of ingredients to enhance the taste of pharmaceutical, food and beverage products. Today the company announced financial and operational results for the first quarter ended March 31, 2008, as well as recent highlights. The company posted revenues of $0.9 million, which includes research and development collaboration with Givaudan, effective March 2007. The performance was also affected by the company’s research and technology development agreement with The Coca-Cola Company, signed December 2007. For the first quarter of 2007, the company reported revenues of $41,000. “We are pleased with our operational progress during…

FridayMay 09, 2008 1:26 pm

Deep Down Inc. (DPDW.OB) – Flotation Technologies, Inc. Announces $5.5 Million Award Contract

Deep Down Inc. (OTCBB: DPDW), a world leader in the engineering, design and manufacturing of deepwater buoyancy and polyurethane elastomer systems, today announced that Flotation Technologies has received a $5.5 million contract for its unique, custom-designed riser buoyancy solution. On April 17, Deep Down announced a definitive agreement to purchase all of the outstanding capital stock of Flotation Technologies, Inc. The contract is from an international energy company and is expected to be delivered in the third and fourth quarters of 2008. The client and product are unnamed due to the nature of the project. “We are pleased to have…

FridayMay 09, 2008 1:20 pm

Angstrom Microsystems, Inc. (AGMS.OB) Launches Greatly Anticipated Angstrom Media Systems Product Line

Angstrom Microsystems is a Boston-based company that has been creating innovative solutions to the growing problem of excessive power use in servers run by large corporations. The company focuses on the development of liquid cooling, ultra-efficient power technologies and acceleration software designed to save businesses substantial amounts in energy costs. These solutions can not only save money, but increase efficiency by cooling large servers and other high energy consumption machinery. The much anticipated release of the Angstrom Media Systems product lineup has finally happened, to the delight of IT professionals everywhere. Angstrom has gained the reputation as AMD Opteron specialists…

FridayMay 09, 2008 12:53 pm

Fortune Market Media, Inc. (FTMM.PK) is “One to Watch"

Fortune Market Media (FTMM.PK) is a diversified media and communications company that leads in the creation of content-based programs for radio, interactive media, TV, web-based mobile applications, print and publication. Fortune Market creates awareness among investors, consumers and potential partners through its multi-channel streams of media. These streams include radio, print, television, music recording label, mobile devices and now the Internet. Four of the top ten future trends are Mobile Web, the Attention Economy, Online Video/Internet TV and International Web, according to Richard MacManus of Read Write Web. Fortune is implementing each one of these emerging trends into their properties…

FridayMay 09, 2008 12:14 pm

Modavox, Inc. (MDVX.OB) to Incorporate RadioPilot to Improve Communication Systems

Modavox, Inc. (MDVX.OB) recently announced that it has signed a Letter of Intent to acquire RadioPilot, a Washington-based software developer. The RadioPilot Internet Radio publication system structures rich media (audio and video) to enable search engines to access the information in a more efficient manner. The system takes every Internet radio element and creates a categorized hierarchy at all levels to optimize the search structure for rich media content. The optimized RadioPilot structure assists search engines and individuals in accessing rich media through an easy-to-browse media interface. The RadioPilot system incorporates four software widgets that will provide the Modavox Network…

FridayMay 09, 2008 12:13 pm

Emerging Media Holdings Inc. (EMDH.OB) Remains an Influential, Award-winning Broadcaster in Moldova

Emerging Media Holdings Inc. (OTCBB: EMDH), through its subsidiaries, engages in radio and television broadcasting in the Republic of Moldova. The company owns its own television channel ,TV7, and various associated programming. Emerging Media produces and broadcasts in-house programs including news, analytical programs and weather forecasts in Russian and Romanian languages. Founded in 1998, Florida-based Emerging Media has established contracts with Russian television companies NTV and NTV World to broadcast NTV programs in Moldova. Moldova offers broad advertising opportunities, with a market reach ranked among the top 10 European countries. The company recently announced the acquisition of “TNT-Bravo,” one of…

FridayMay 09, 2008 11:27 am

Joytoto USA, Inc. (JYTO.OB) is "One to Watch"

Joytoto USA, Inc. (JYTO.OB) manages two major business segments. First, the company manufacturers digital consumer multimedia products such as MP3 players. Second, it develops and distributes online interactive video games. The company is currently a majority-owned subsidiary of Korea’s Joytoto Co. LTD, but will apply for listing on the AMEX as soon as it completes the requirements later this year. The company has a strategic corporate structure and a lean manufacturing philosophy, giving it the ability to quickly react to market changes. Joytoto USA, Inc distributes various consumer electronic products to Best Buy, including Best Buy’s in-house Insignia brand MP3…

FridayMay 09, 2008 11:22 am

Energy Conversion Devices, Inc. (ENER) Captures Investor Attention Following Earnings Report

Energy Conversion Devices, Inc. (ECD) is a name that has been running across the lips of many investors, largely due to an impressive third quarter, fiscal 2008. The company is known for developing building-integrated rooftop arrays which convert the Sun's energy to electricity using proprietary solar technology. Quarter results caused a 40 percent spike in share value as word of ECD's success spread rapidly throughout the investment community. Consolidated revenues totaled $70 million; 24 percent higher than the previous quarter, and an astonishing 155 percent increase over third quarter fiscal 2007 revenues. Sales of solar products accounted for $64.9 million,…

FridayMay 09, 2008 11:20 am

QuoteMedia, Inc.'s (QMCI.OB) QuoteStream II™ Service is a Cut above the Rest

QuoteMedia is arguably the most recognized name when it comes to streaming online market data. If you are an avid investor, chances are, you use the Internet to obtain crucial information regarding the status of your portfolio. QuoteMedia has officially launched the second installment of its popular QuoteStream™ platform, which provides investors with tick-by-tick market data at blistering speeds. While several improvements have been made to the system, QuoteStream II™ carries with it all of the functions that users have come to regard as the best in the business. An ingenious tool for webmasters, QuoteStream II™ offers unprecedented integration into…

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