Blog - Page 4965 of 5383

MondayJul 23, 2007 2:38 pm

Modavox (MDVX.OB) Reports First Quarter 2007 Results

Modovax Inc. announced today that revenues increased 39% for the quarter ending May 31st, 2007. Revenues increased to $602,338 compared to $432,903 for the quarter ending May 31, 2006. The company reported a loss in the quarter of $337,831 or $0.01 compared to a loss of $669,233 or $0.02 in the prior year showing substantial improvement. The CEO, David J Ide, noted that the past quarter was one of notable progress that puts the company in a strong position to accelerate future growth. The results from the Broadcast Media Division continue to remain encouraging. The company also for the first…

MondayJul 23, 2007 12:04 pm

Gray Publishing & Media, Inc. (GPMIJ.PK) Announces a 60% Increase in 2nd Quarter Revenues and New Content Acquisition Plan

Gray Publishing and Media announced that the second quarter revenues increased 60% compared to last year’s second quarter. The CEO, David Gray, commented, “We are proud of our revenue growth and would look to continue along this positive path into its fall selling season.” The company also announced that it has begun looking for complementary businesses and product lines to acquire. Management has already begun putting together a list of potential acquisitions and anticipates entering into the due diligence process shortly. In addition, the company updated its materials for the new school semester. The CEO stated, “Because we are a…

MondayJul 23, 2007 10:06 am

Analyst Awards All Fuels & Energy Company (AFSE.PK) with a Target Price Per Share of $3.40

An independent analyst has recently awarded All Fuels & Energy Comp (AFSE.PK) with a target price per share of $3.40. This data was calculated using the estimated production numbers of ethanol at their future plant and comparing that to the total number of outstanding shares. Currently, AFSE.PK has purchased 150 acres of land in Manchester, Iowa to construct a wholly owned ethanol plant. After the construction of this plant is complete, it is expected that the plant will be capable of producing over 100 million gallons of ethanol each year, increasing the companies revenue and cash flow tremendously. In addition,…

MondayJul 23, 2007 9:29 am

eBenefits Direct (EBFD.PK) Stock Price Skyrockets over 21.43%

eBenefits Direct (EBFD.PK) Stock price skyrocketed over 21% during Monday morning trading hours. Investors are reacting favorably as the company is slated to benefit from a recent deal inked with Assurant Health, which will give EBFD.PK billions of dollars of financial backing. The President of eBenefits Direct, Randy Schleger, stated “"We have captured yet another major health insurance provider that will help catapult this organization forward in becoming the beacon for obtaining health & life insurance via the internet. It is our opinion that attaining partnerships with the world's most accredited health providers will create a network that will be…

MondayJul 23, 2007 8:55 am

Morning News Monday July 23rd 2007

General News: - The Wall Street Journal says that states are working to provide funds to halt foreclosures. - There could be a higher Federal minimum wage, according to several news sources. - Bloomberg reports that the S&P 500 share-weighted EPS is up 8.1% year over year, which is good EPS growth. - Gas prices dropped below a national average of $3 a gallon over the weekend, while energy futures had their own decline on Monday on suggestions that OPEC may increase its output. Asia/Europe: Asia: - Asian stocks fell, led by Japanese exporters, after the dollar declined…

MondayJul 23, 2007 8:52 am

StocksJournal Highlights Platina Energy Group, Inc. (PLTG.OB)

Platina operates as a publicly-traded holding company for several acquired energy firms and properties. The company plans to minimize risk by holding a diversified portfolio. Through its subsidiaries, the company owns oil and gas leases in Texas, the Appalachian Basin in eastern Tennessee, and in Young County, Texas. Platina is aggressively acquiring drilling properties and related energy assets. The company recently exercised its option to acquire a major stake in the Hall and Kirkpatrick leases located in Swisher and Hale County, Texas. The acquisition substantially increased its current holdings in the Palo Duro Basinby to approximately 920 acres. With proven…

MondayJul 23, 2007 7:45 am

SmallCAPS.us Issues Smallcap Update for the Third Week of July

Smallcaps.us provided their subscribers with an update regarding their four featured companies: HemoBioTech Inc. (OTCBB: HMBT), Playlogic Entertainment (OTCBB: PLGC), Remedent Inc. (OTCBB: REMI) and AML Communications (OTCBB: AMLJ) HemoBioTech announced last week that it has promoted Saraswathy Swaminathan to the position of Manager of Foreign Clinical Affairs. The company is developing what could be the world’s first viable substitute for human blood. Playlogic Entertainment announced that it has signed a worldwide 3-year license, with a 2-year extension, on all gaming platforms for its popular franchise, “Dragon Hunters with Futurikon.” The upcoming movie based on the game, accompanied by media…

MondayJul 23, 2007 6:21 am

Novori Inc. (NOVO.OB) Revises Novori.com Homepage with Advanced Styling

Novori announced that it has significantly changed its website in order to update styling by introducing a new Novori logo, revising its diamond search application, and including a graphical category list. The redesigns were based on feedback from customers and extensive industry research. Novori is currently working on a second phase of the website’s redesign which will primarily focus on improving functionality by offering consumers the most flexible and powerful ring design options with improved ease of use. The CEO, Harold Schaffrick, stated, “We want to ensure our website look and feel does not become outdated or stale. The consumer…

MondayJul 23, 2007 4:21 am

Beacon Equity Research Awards Platina Energy Group (PLTG.OB) with “Speculative Buy” Rating

Platina Energy is an independent exploration and production company with oil and gas lease properties in North America, and uses a proprietary enhanced recovery technology. The company owns proven reserves which value over $60 million, and owns producing wells that are currently producing in Texas. The increasing energy demand and new technological developments give Platina Energy excellent potential to increase revenues and expand into new areas. According to the Energy Information Administration, average US oil consumption is expected to reach nearly 26.1 million barrels per day by 2025. The analyst closed the report stating, “Other independent energy companies were recently…

SundayJul 22, 2007 8:30 am

Videocast & Feature Story With Ignus Hattingh of Shotpak, Inc. (SHTP.PK) Available on MN1

Ignus Hattingh, CEO of Shotpak Inc. (Other OTC:SHTP.PK - News), was featured on Market News First in an exclusive live interview (http://files.mn1.com/vpodcast/rw_20070620_1301_vid_rha_shtp.mov) with MN1's Rich Hancock. The interview took place on June 20, 2007 at 1:00PM CDT. MN1 also wrote a feature story (http://feeds.mn1.com/shotpak__liquor_on_the_go.htm) about SHTP that can be viewed on its website. Hattingh offered some stirring words in the interview focusing on the company's innovative product line. "We will be the first-ever company to launch a six-pack of vodka," said Hattingh. SHTP has perfected a series of individually packed "shots" of distilled spirits -- whiskey, rum, vodka, tequila and…

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