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MondayOct 22, 2007 3:51 am

Universal Energy Corp (UVSE.OB) has announced Record Week of Drilling Operations

Universal Energy Corp. (UVSE.OB) announced that drilling operations have officially commenced on the company's Lake Campo, W. Rosedale and East OMG prospects. Each of these three independent drilling operations have been progressing satisfactorily and on schedule. In fact, the company has recently completed production casing at its last two prospects: Amberjack and Caviar #1. CEO of UVSE.OB, Dyron Watford, stated "The financial impact of this week is staggering. With oil prices continuing the climb toward $100 per barrel, the prospects that Universal are drilling become better investments with each passing day." "The hard work of developing a risk diversified portfolio…

MondayOct 22, 2007 3:49 am

Nord Resources (NRDS.PK) Announces 109 Percent Increase in Reserves and Updates Status of Johnson Camp Mine

Nord Resources Corporation (NRDS.PK) announced that the company has recognized an increase of 109% in production reserves at the company's Johnson Camp mine site. This increase can be attributed to an increase in copper prices that are utilized in mine modeling. In fact, reserve estimates were previously based at $.90 copper, whereas the current price of copper is $1.50. The company anticipates reserve estimates totaling 73.4 million tons of ore at an average total copper grade of 0.335%. Based on the current copper price of $1.50 per pound and the stripping ratio of 0.66 to 1, this represents a significant…

MondayOct 22, 2007 3:47 am

Hometown Bancorp, Inc (HTWC.OB) Announces Third Quarter Earnings

Hometown Bancorp, Inc (HTWC.OB), the mid-tier holding company for Walden Federal Savings and Loan Association, announced earnings of $248,000 for the three months ended September 30, 2007. Compared to earnings of $209,000 for the same period in 2006, this represents a significant increase. Additionally, for the nine month period that ended September 30, 2007, the Company reported net income of $633,000, compared to $418,000 for the same period in 2006. The balance sheets have also specified that net interest income increased 11.1% to $1.5 million, from $1.4 million the same period last year. This increase of net interest income resulted…

MondayOct 22, 2007 3:43 am

ZAP (ZAAP.OB) Acquires Exclusive American Distribution From CCT Power

Electric car pioneer ZAP (ZAAP.OB) announced that the company has recently acquired an exclusive distribution agreement from CCT Power Company for the American market. This distribution agreement specifies that ZAP will be the sole marketer for batteries manufactured by Advanced Battery Technology (GBT). ZAP made the announcement shortly after talks commenced between Sharon Tang, CFO for Advanced Battery Technologies, and John Honey, President and CEO of CCT Power (http://cctpowerco.com). Furthermore, former CEO of Lotus Engineering also attended this momentums meeting. "After meeting with ZAP CEO Steve Schneider and Albert Lam in Beverly Hills, I knew right away this is the…

MondayOct 22, 2007 3:41 am

David L. Turney, CEO of DRI Corporation (TBUS) to Present at Wall Street Reporter Small-Cap Discovery Conference

DRI Corporation (TBUS) has announced that their CEO, David L. Turney, will present during the annual Wall Street Reporter Small-Cap Discovery Conference. This conference will take place on October 24th at the Harvard Club of New York City. The Small-Cap Discovery Conference is hosted by Wall Street Reporter Magazine and features presentations by CEOs of various public companies. Because the audience of this conference consists of over one hundred investors, analysts and fund managers, this is a valuable tool for future investment strategy. "I am excited about this opportunity to inform investors about DRI Corporation," Mr. Turney says. "We believe that…

SundayOct 21, 2007 5:25 am

October 22nd CEOcast Weekly Newsletter

10/21/2007 VOLUME 322 Companies featured in this edition of the newsletter: ACCP, ACTC, CYTR, ENZ, GNBT, HJHO, HYTM, ITUI, MLSC, MSHI, NTRN, PBIO, PLKH, PLRS, TKO, USAT, VOIC, VQPH With Halloween fast approach, it was only appropriate that the ghosts of Black Monday would haunt investors on the 20th anniversary of Black Monday, as stocks plunged Friday as a series of disappointing earnings announcements stoked fears that a recession could be looming. The Dow lost 571 points for the week, with much of the decline coming Friday, or 4.0%, lowering its annual gains to 8.5%. The Nasdaq fell 80 points,…

SundayOct 21, 2007 5:07 am

StockGuru Blog: Universal Energy (UVSE) – In Depth Look Part 2

Stock Guru Profile Universal Energy - Blog - News Let’s Look at the BIG ONE: PEMBINA NISKU In September 2006, UVSE acquired this project situated in the Pembina oil field in an area that is concentrated with Nisku Pinnacle Reef occurrence. What does that mean? On January 11, 2007, when Stock Guru was first approached by UVSE the Nisku Reef was the crown jewel that was discussed — but with two successful wells since then and three started this week it has been wonderful to watch UVSE build a solid foundation leading up to the BIG PAY OFF Nisku play.…

SundayOct 21, 2007 5:07 am

StockGuru Stocks to Watch for Monday, October 22, 2007 Featuring Universal Energy, Phantom Fiber, Intelligentias, Advanced Medical Isotope, Etelcharge.com, and RxElite Holdings

Universal Energy Corporation (OTCBB: UVSE) Universal Energy Corporation (OTCBB: UVSE) - Friday’s shares closed down 2.91% to $1.00. 124,793 shares were traded. John Pentony, Publisher of StockGuru.com, announced October 19th that the web site has released a new, exclusive executive interview with Dyron M. Watford, Chief Financial Officer of Universal Energy Corp. (OTC BB:UVSE.OB - News). During the interview, Mr. Watford discusses the Company’s nine individual drilling prospects and the revenue and reserve potential of several of the wells. Additionally, Mr. Watford describes the Company’s plan to drill and bring to production the nine current prospects by the end of…

SaturdayOct 20, 2007 5:07 am

StockGuru Blog: Universal Energy (UVSE) – In Depth Look

Stock Guru Profile Universal Energy - Blog - News Stock Guru loves to be right. We have been right about UNIVERSAL ENERGY CORP. As oil reaches a record inflation adjusted high we think this company deserves your attention! We think this stock has much more room to go on the upside. Let’s take a look at their drilling schedule: DRILLED AND REVENUE IN NOVEMBER: Amberjack Prospect - Plaquemines Parish 5.625% interest with 10.7 BCFE Caviar Prospect One- Plaquemines Parish - 7.5% interest with 4.7 MMBOE - (Three more to go!) DRILLING BEGAN THIS WEEK: East OMG Prospect - Cameron Parish…

SaturdayOct 20, 2007 5:07 am

StockGuru Blog: RxElite (SOUT) – In Depth Look – Management Knows What They are Doing!

Stock Guru Profile News Blogs Oppenheimer’s October report states that in October Sevoflurane (known as Sojourn for Minrad) sales continue to DOUBLE MONTH TO MONTH: Summary: We recently spoke with senior management from both Minrad and RxElite (Sojourn distributor). We remain confident that the long-term outlook for BUF remains positive, although near-term financials could remain noisy. Importantly, the key levers remain on track, including: 1) plant expansion should be complete in Q407, and 2) Rx Elite remains on track to hit first year minimums. (SOUT, Not Covered) imply that Sojourn continues to roll out on-track to hit the first year…

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