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TuesdayJan 29, 2008 7:04 pm

MedeFile International, Inc. (MDFI.OB) Receives $1.95 Million in Net Cash Proceeds from Private Placement of Restricted Stock and Warrants

MedeFile International, Inc. (OTCBB:MDFI), a company specializing in electronic medical records management solutions, today announced that the company completed three separate private placement transactions totaling $1.95 million. Two transactions closed on November 16, 2007 and January 22, 2008 yielded $1.79 million in gross cash proceeds from the private placement of 11.9 million restricted shares of common stock and warrants to purchase an aggregate of 7.2 million restricted shares of common stock. Detailed terms and conditions of these transactions may be found at www.sec.gov or on MedeFile’s web site at www.medefile.com/corp/secfilings.asp. On January 28, 2008, the Company received an additional $160,000…

TuesdayJan 29, 2008 6:38 pm

Skinny Nutritional Corporation’s (SKNY.OB) Diet Water Squeezes onto Store Shelves

If you are on a diet or just looking for help controlling your appetite, the owners of Skinny Water® recommends drinking a bottle of their bottled water 30 to 60 minutes before each meal. Skinny Nutritional Corp. develops markets and distributes fitness and weight-management beverages to consumers who desire healthier alternatives to the high-calorie, sugar laden and fat-bloated beverages. Under the Skinny brand, the company is the first to offer to consumers a complete line of lightly-flavored bottled waters, Java, Tea and Smoothies that contain the dietary supplements SuperCitrimax and ChromeMate, both of which have been clinically proven to aid…

TuesdayJan 29, 2008 6:32 pm

Debt Resolve, Inc. (DRV) Appoints Kenneth Montgomery Chief Executive Officer

Debt Resolve, Inc. announced today that co-chairman and chief executive officer, James D. Burchetta, has elected to step down from his position, as planned after the one-year anniversary of the company’s initial public offering (IPO), and Kenneth Montgomery will replace him as CEO, effective February 16, 2008. Mr. Burchetta has been appointed chairman of the board and founder and will remain actively involved with senior management. His additional responsibilities will include overseeing investor relations, corporate strategy and product development. With more than 25 years in the financial services industry, Mr. Montgomery has managed assets totaling over $4 billion and has…

TuesdayJan 29, 2008 6:28 pm

Debt Resolve, Inc.’s (DRV) Patented Technology to Resolve Consumer Debt Quickly

Debt Resolve, Inc., a leader and innovator in the asset receivables management industry, develops and markets web collection technology under the brand name DebtResolve®. This private, online patented technology provides lenders and other collectors with a web-based bidding system for the resolution and settlement of consumer debt. The DebtResolve® software system is delivered in an ASP environment and can be private-labeled for use across multiple sectors and various industries for collections activities. This technology brings delinquent borrowers and lenders together over the Internet to resolve outstanding debt. The debtor goes online, chooses one of the options presented by the collector,…

TuesdayJan 29, 2008 4:11 pm

Looking Ahead at Oil: ConocoPhillips (COP)

With oil hovering around the $90 a barrel mark, and share prices of big oil having earlier reached their highs this year, there may be more steam left in these stocks after all. ConocoPhillips (NYSE: COP), an integrated oil company based in Houston, Texas, with a market cap of $118.6 billion, last week traded as low as $69 a share, down from its previous year’s high of over $90 a share. Wednesday, January 23, it reported quarterly earnings of $2.71 a share with $4.4 billion in net income, an increase of 37%. For the full year in 2006, ConocoPhillips earned…

TuesdayJan 29, 2008 4:07 pm

One Regional Bank Stock’s Woes

You can watch the way the subprime mortgage crisis has worked itself into both the economy and the market when you see its effects on specific companies. While Citigroup’s (NYSE: C) nightmarish immersion in the subprime waters has been copiously documented, as it was front-and-center on not just financial media but mainstream media, many regional banks and mortgage companies, though they didn’t have tens of billions of dollars in writedowns, were still hit hard. One such regional bank is National City Corp (NYSE: NCC). National City does most of its business in Ohio, Michigan, Indiana, Kentucky, Missouri, and Pennsylvania—the midwest…

TuesdayJan 29, 2008 1:31 pm

OTCPicks Featured Company: International Consolidated Companies, Inc. (INCC.OB) Signs Letter of Intent to Acquire U.S. Businesses

International Consolidated Companies, Inc. recently signed a letter of intent to acquire businesses with unaudited USD $40 million in revenue, USD $4 million net profit, and USD $50 million in assets. Included in the letter is the acquisition of Hebei Jiasheng Pharmaceutical & Chemical Limited Co. and its subsidiaries located in Shijiazhuang City, Hebei Province Peoples Republic of China. The company and its subsidiaries amount to over 21 years of experience and host a strong management team. Currently, the company employs over one-thousand people, and brings an extended background in research, sales, and manufacturing. With the manufacturing and selling of…

TuesdayJan 29, 2008 1:26 pm

Halcyon Jets Holdings, Inc. (HJHO.OB) – Highly Respected by Customers

This elite group of professionals in executive jet services has dedicated the company to superior safety and customer care. They have access to any type and size of aircraft giving their customers a diverse selection. The company strives hard to meet and exceed its customer’s expectations because there is no contract. Customers can terminate at anytime and use them as much or as little as they want; a rarity in the executive jet industry. This puts it on the company to develop a strong customer relationship and deliver results to its customers. Current customers have nothing but good things to…

TuesdayJan 29, 2008 1:20 pm

OTCreporter.com Featured Company: Quest Minerals & Mining Corp. (QMNM.OB) Retains White Star Mining LLC at Kentucky Site

Today Quest Minerals & Mining Corporation announced that they will be retaining White Star Mining to continue mining operations at the company’s Pond Creek mine in Slater’s Branch, Kentucky. The President of Quest Minerals & Mining, Eugene Chiaramonte, Jr, stated, “We are very excited that White Star has agreed to conduct mining operations at the Pond Creek Mine. They have significant experience in the coal mining industry and have an excellent reputation for providing quality work. We are looking forward to having them as part of our team and we look forward to a prosperous relationship.” Quest Minerals has also…

TuesdayJan 29, 2008 1:17 pm

With USTelematics, Inc. (UTLM.OB), Business Never Stop

Many cities across the country are enforcing a new law that bans cell phone use in school zones and can result in a hefty fine if violated. The world doesn’t stop spinning during school hours, and many people find it necessary to communicate while driving. For them, USTelematics, Inc. (OTCBB: UTLM) has designed Vivee. The software can be downloaded onto any Windows desktop or Windows mobile device, and the company is working to expand capabilities to other devices such as the iPhone. The online service features an animated character that “speaks” the users’ incoming e-mail or text messages, allowing them…

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