Blog - Page 4945 of 5761

TuesdayFeb 26, 2008 4:08 pm

China Faces IPO Glut

The Chinese stock market, and its underlying economy, has been sizzling the last couple of years, but there are some signs this has reached a peak, at least for awhile. The Shanghai Stock Exchange (A Shares) Index, which reached a high this year of 6,124.24, recently closed at 4,192.53. Its year low has been 2,723.06, but the Shanghai Index was only trading in the 1,500 range as recently as two years ago. With a steaming economy, still growing at an annual 8% rate (down from 11% recent annual growth rate), China’s growth prospects obviously remain good. But has it been…

TuesdayFeb 26, 2008 1:56 pm

OTCPicks Featured Company: Morgan Equities Group Inc. (MGQG.PK) Discusses Potential Merger with Purific of America

On February 22, 2008, Morgan Equities Group, Inc. (MGQG.PK) entered into a non-binding letter of intent to merge with Purific of America, a privately-held Tampa based corporation which owns Master Distribution Rights in the United States. The letter of intent to merge in no way discusses the terms and conditions of the merger, and all actions are subject to a definitive agreement and the approval of the respective companies' shareholders. Purific of America is a Florida based company which markets and distributes Purific products through a network of regional dealers and distributors. The company already has five dealer/distributors under contract,…

TuesdayFeb 26, 2008 1:53 pm

Small Cap Oil Exploration Companies Offer Risky Opportunities, Alliance Recovery Corp. (ARVY.OB) is a Steady Opportunity

With oil supply continuing to be constrained and global demand rising faster than ever, an increasing amount of Small Oil exploration companies have sprung up but rarely give investors a Return on Investment. This is due to a number of factors. Finding new drilling sites that are profitable in today’s world is extremely difficult and time consuming, and time is money for investors. The processes are also extremely costly and most of the time produces little results. Essentially, they continuously drill trying to get lucky all at staggering costs to shareholders. Even when the companies do strike oil, it is…

TuesdayFeb 26, 2008 1:42 pm

Budget Waste, Inc. (BWI.OB) Releases Further Information Pertaining to Common Operations BWI Shares

Budget Waste, Inc. (BWI) released additional information today concerning the common operations BWI shares with Broadband Communication Services, Inc. (BBCS). With the previous announcement regarding the acquisition, a large number of shareholders and potential shareholders contacted BWI regarding the news. As of today, BBCS is involved in underground construction operations with multiple clients and has operations in several states. The current operations regularly involve hydro vac construction and vacuum truck services, and BWI is also engaging in the hydro vac and vacuum truck operations within its service area. By expanding into BBCS's current service area, BWI would gain an instant…

TuesdayFeb 26, 2008 1:36 pm

XO Communications (XOHO) Completes Major Capacity Upgrade

XO Communications, a leading provider of 21st century communications for businesses, announced that is has completed a major capacity upgrade of its nationwide IP network to meet high-speed Internet access services as the company continues to expand into the IP transit service market. The Company has also expanded the number of locations from which it can provide 10 Gigabit Ethernet IP Transit services to 83 locations nationwide. Randy Nicklas, Chief Technology Officer at XO Communications said, “We’ve increased IP network capacity to meet the explosive demand for bandwidth from enterprises and carrier customers. In addition, our IP network upgrade expands…

TuesdayFeb 26, 2008 1:34 pm

Prana Biotechnology Limited (PRAN) Announces Successful Results from Phase IIa Clinical Trial

Prana announced successful results from the Phase IIa clinical trial of PBT2 in Early Alzheimer’s disease. Prana is a biopharmaceutical company focused on the research and development of treatments for neurodegenerative disorders. Prana Biotechnology Limited is hosting a conference call, to be simultaneously webcast Tuesday, February 26th at 5:00 pm Eastern Standard Time and Wednesday, February 27th at 9:00 a.m. Melbourne Time. This will involve a question and answer (Q&A) session that will follow management’s presentation. Interested parties may partake in the conference call by dialing the following numbers five minutes before the call begins. (800) 713-4218 US or Canada…

TuesdayFeb 26, 2008 1:32 pm

China Agro-Technology Ltd. (CAGTF) Secures $300 Million Funding Commitment

China Agro-Technology Ltd. (CAT), a leader in agricultural genetic engineering announced it has secured approval for loan financing of three tranches of $100 Million each. This financing will be to fund biological asset acquisitions, the expansion of crushing plants, plantation management, and the establishment of increased storage facilities and bio-diesel refineries. The refining of Crude Jatropha Oil for bio-diesel forms is one of the fundamental building blocks in CAT’s expansion strategy. The Company seeks to obtain strong profits from the application of agro-technology enhancements in scaling nurseries to support sustained plantation growth with modern management systems. CAT will be better…

TuesdayFeb 26, 2008 1:31 pm

Universal Detection Technology, Inc. (UDTT.OB) Comments on Death of Western Washington University Student

Universal Detection Technology (OTCBB: UDTT) commented on the fatality of a Western Washington University student. The reported death was supposedly caused by Methicillin-resistan Staphylococcus (MRSA) induced pneumonia. The Company has launched a new hub for online sales and marketing of anti-microbial products that eliminate harmful bacteria such as MRSA. The student was twenty-years of age and was admitted to the intensive care unit of St. Joseph Hospital in Washington on February 14th, after he reported that he had been coughing for two weeks and progressed to a fever, vomiting, and coughing up blood. The young man died later, although doctors…

TuesdayFeb 26, 2008 11:52 am

SOYO, Inc. (SOYO.OB) Adds Large Format LCD Monitor to Their 2008 Line Up

There are many customers out there that believe ‘the bigger the better’ and there are plenty of companies who want to give them exactly what they are looking for when it comes to bigger and better products; including SOYO Inc. Founded in 1999 and headquartered in Ontario, California, SOYO Inc. is an innovative provider of consumer electronics such as LCD Monitors, LCD Televisions, Bluetooth, Portable Storage, LCD Furniture and broadband telecommunications products and services. SOYO is also best known as a manufacturer of designer motherboards and sells its products through an extensive network of authorized distributors, resellers, system integrators, VARs,…

TuesdayFeb 26, 2008 11:09 am

ICOP Digital, Inc. (ICOP) is "One to Watch"

ICOP Digital, Inc. has been a leader in the digital in-car video recording systems, and over the past months, the company has witnessed many new and exciting trends evolve within their company. The ICOP Model 20/20®-W, ICOP's flagship, award-winning product, is currently the leading in-car video recorder system for law enforcement. The company is expecting to report its third consecutive year of year-over-year revenue growth with unaudited total revenues of approximately $12 million in 2007, which is a very nice increase from 2006 revenues of $6.6 million. Last December, the company was awarded with a record order from a major…

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