Blog - Page 4986 of 5652

MondayDec 24, 2007 4:24 pm

EnterConnect, Inc. (ECNI.OB) Raises $4.8 Million in Capital

EnterConnect, Inc. (ENCI.OB), a leading provider of 'business-ready' portals, announced that the company has entered into a Secured Convertible Notes and Warrants Purchase Agreement with certain investors. Under the terms of this agreement, the company was able to secure an additional $4,823,000 in capital and warrants. Chief Executive Officer, Sam Jankovich, specified, "We are pleased to have both our new and existing investors as valued stakeholders investing in the growth of EnterConnect. Their financial support will enable us to expand our new software-as-a-service (SaaS) marketplace, SOAapps.com powered by the EnterConnect portal platform. SOAapps provides ISVs with unique access to dynamic…

MondayDec 24, 2007 4:22 pm

Pyramid Brewiers, Inc. (PMID) Announces Successful Party

Pyramid Breweries Inc. (PMID) has announced that more than 3,400 Pyramid fans showed up to celebrate the company's 21st birthday of Snow Cap Ale at the Company's 2007 'Get Snowed In' party. As a result, Pyramid was able to present a check for $5,000 to the Seattle chapter of the Snowrider Foundation, with funds going directly to help with the cleanup of Summit at Snoqualmie at the end of the 2008 ski season. Scott Barnum, CEO of Pyramid, stated, "In the spirit of the holidays and keeping with our commitment to being a positive part of the communities in which…

MondayDec 24, 2007 4:20 pm

BV Financial, Inc (BVFL.OB) Announces 10b5-1 Repurchase Plan

BV Financial, Inc. (BVFL.OB) announced that the company has entered into a Rule 10b5-1 stock repurchase plan with Sandler O'Neil & Partners. According to this agreement, Sandler O'Neill will repurchase up to 40,254 shares on behalf of the Company as part of the Company's previously announced stock repurchase plan. Purchases by Sandler O'Neill will continue until February 22, 2008. To date, Sandler O'Neill has purchased 7,500 shares under the Rule 10b5-1 repurchase plan. This Rule 10b5-1 repurchase plan will allow the company to repurchase common stock during time periods where the company would not normally be active in the market…

MondayDec 24, 2007 5:55 am

The Week in Review – 12/24/2007

All stock market averages fared better last week, however, the number of new lows was 5-times the number of new highs --- which primarily reflects year-end tax selling. The stock market will clock-in with its fifth straight year of finishing higher than the year before. It is only natural therefore to expect profit-taking as this year’s trading activity draws to a close. The Dow gained 111 points to end the week at 13450 from 13339 the week before. In this next-to-last week of trading for the year, the Dow is almost 1000 points ahead of where it began the year,…

MondayDec 24, 2007 5:27 am

StockGuru Stocks to Watch for Monday, December 24, 2007 Featuring Healthnostics, CommercePlanet, American Capital Partners, Universal Energy, and Silver Falcon Mining

December 24th, 2007 Healthnostics, Inc. (OTC: HNSO) Healthnostics, Inc. (OTC: HNSO) - Friday’s shares stayed even at $0.01. 542 shares were traded. Healthnostics, Inc. announced on December 19th the completion of the MedNets.com acquisition, an Internet portal providing healthcare information resources to consumers and professionals. Healthnostics now has three well established healthcare portals providing a solid foundation for future revenue growth from advertising, affiliate marketing and industry sponsorships. This acquisition joins the MedBioWeb division’s consumer healthcare portal, FamilyMedicalNet.com, and further compliments the MedBioWorld.com internationally focused medical and biotechnology professional information portal. Healthnostics, Inc. is a medical and biotechnology analytics company…

SundayDec 23, 2007 2:10 pm

Jaguar Acquisition Corporation (JGAC.OB) Announces New Board Appointment for China Cablecom Ltd.

Jaguar Acquisition Corporation (JGAC.OB), a leading acquisition and merger company, announced that the company's merger candidate 'China Cablecom Ltd' appointed Colin Sung to the Company's Board of Directors. China Cablecom is an emerging consolidated cable network operator functioning in the highly-populated Shandong province of China. Mr. Sung, age 43, currently serves as the Chief Financial Officer for Linktone Ltd; which is the leading providers of wireless entertainment services to consumers in China. Prior to joining Linktone, Sung served as Corporate Controller of UTi, United States, Inc, an integrated logistics company. Mr. Sung also served as the Vice President of Finance…

SundayDec 23, 2007 2:08 pm

Equity Media Holdings Corporation (EMDA) Subsidiary Adds Two More Media General Affiliates

Retro Television Network, nationally owned and distributed by Equity Media Holdings Corporation (EMDA) announced that the company has entered into agreements with Media General to bring RTN programming to Augusta, GA and Jackson, MS. The new affiliates will launch early next year on a digital stream of WJBF, the ABC affiliate in Augusta, and WJTV, the CBS affiliate in Jackson. Steve Gleason, Vice President for Media General, stated, "We are thrilled to add two more Media General stations to be a part of RTN and provide additional programming for our viewers." Mark Dvornik, Executive VP of RTN, added, "Viewers in…

SundayDec 23, 2007 2:07 pm

Titan Global Holdings, Inc. (TTGL.OB) Announces Acquisition of Assets of Global Brand Marketing, Inc.

Titan Global Holdings, Inc. (TTGL.OB), a high-growth diversified holding company, announced that Titan Apparel Inc., the Company's wholly owned subsidiary, has purchased a majority of all of the assets of Global Brand Marketing, Inc; including inventory, accounts receivable, and intellectual property. Global Brand Marketing, Inc is located in Santa Barbara, CA. The company owns the popular brands Dry-shod, No Mass, Mehandi and Funflopps. Additionally, GBMI has also been recognized as the global licensee for well-known brands that include Nautica, Sean John, and 7ForAllMankind. Since their inception in 1996, GBMI sold over $1 billion worth of footwear. Kurt Jensen, Chairman of…

SundayDec 23, 2007 2:05 pm

Minera Andes, Inc. (MNEAF.OB) First Closing

Minera Andes Inc. (MNEAF.OB) announced that the company has completed their first closing on a CDN $35 million brokered private placement contract. As a result, gross proceeds from this contract totaled CDN $21.515 million; the company issued 13,880,645 units at a price of CDN $1.55. Each unit would consist of one common share and one-half of one common share purchase warrant. One whole common share purchase warrant entitles the holder to purchase one additional common share at an exercise price of CDN $2.00 per share until December 21, 2009. Minera Andes will use the proceeds to fund the company's operations…

SundayDec 23, 2007 2:03 pm

Pharmacyclics, Inc (PCYC) Receives Non-Approvable Letter from the FDA

Pharmacyclics, Inc. (PCYC) announced that the company has received a non-approvable letter from the U.S. Food and Drug Administration regarding the company's new drug application for Xcytrin Injection. This drug, used in combination with whole brain radiation therapy, would seek to treat non-small cell lung cancer in brain metastases. According to the National Cancer Institute, over 200,000 patients will be diagnosed with lung cancer this year. In the U.S, Lung cancer is the most common cause of brain metastases, which are estimated to occur in up to 50% of lung cancer patients. Richard A. Miller, president and CEO, stated "We…

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