Blog - Page 5009 of 5436

MondayJul 30, 2007 3:53 pm

Amedia Networks up on 1st Quarter Revenue

EATONTOWN, N.J. (July 30, 2007) - Shares for Amedia Networks Inc. (OTCBB: AANI) started off strong today, jumping 22 percent from Friday's closing price of 36 cents to today's opening price of 42 cents - and subsequent increase to 45 cents a share. It looks like the company's first quarter 2007 revenue results are the reason for the push. According to the company's statement, Amedia reported $234,400 for the first quarter of 2007, as opposed to the $25,379 for the first quarter of 2006 and a mere $3,120 for the fourth quarter of 2006. According to the statement, this represents…

MondayJul 30, 2007 3:51 pm

Biofield Signs Master Agreement

PHILADELPHIA (July 30, 2007) - Share prices for the Biofield Corp. (OTCBB: BZET) jumped 41 percent today, after it announced its recent master license agreement with MacKay Group Limited to market its breast cancer diagnostic system. According to the statement, this agreement grants the MacKay Group an "exclusive, sub-licensable royalty-bearing license" to distribute, manufacture, develop, and commercialize Biofield's breast cancer technology on the worldwide market. In return, the MacKay Group will pay Biofield a number of royalties based on the gross receipts received by MacKay Group and its affiliates, along with a payment of $1 million for licensing fees. This…

MondayJul 30, 2007 3:51 pm

Earnings & Financing News from the OTCBB

DALLAS (July 30, 2007) - As earnings season is blooming into full effect, masses of companies are announcing earnings for the second quarter and half year mark of 2007. Curious investors and analysts depend on this information to help them make informed and intelligent decisions about the true health and future of the company. Trans World Corporation (OTCBB: TWOC) announced today a considerable increase in profit for the second quarter year over year. Trans World generated net income of $1.03 million, which is an increase of $991,000 from this same period a year ago. This news has sparked a jump…

MondayJul 30, 2007 3:49 pm

AESK Shares Up +1,000% as Company Closes Down

Park City, Utah (July 30, 2007) - Share prices for the American Skiing Company (OTCBB: AESK) shot up a phenomenal 1,246 percent this afternoon, breaking through the roof and rising from 1 cent per share to 17 cents per share. The source of this boost was the company's recently released 8-K form, which contained, among other things, the details surrounding the company's recent sale of its last standing property, the Canyons ski resort in Park City, Utah. According to the filing, the aggregate purchase price for the remaining shares of American Skiing Company was an amazing $100 million in addition…

MondayJul 30, 2007 3:48 pm

Poppin’ News on the Pink Sheets

DALLAS (July 30, 2007) - The Pink Sheets consist of the most volatile and most loosely regulated market in the U.S. Although this might be the case, some of these companies are helping innovate and create new technologies that could be tomorrow's next must have item. Although relatively small, these companies need financing, acquire and merge with other firms, and develop new technologies that investors need to know about. New technology is being implemented in airports as electronic ticketing systems shift the way airlines, and potentially other businesses that use paper ticketing, provide services by allowing cell phones and cards…

MondayJul 30, 2007 3:28 pm

San Diego Business Journal Features Nascent Food Service, Inc. (NCTW.OB)

Nascent was recently featured in San Diego County’s award-winning business weekly journal. The company recently acquired one of the largest merchandising and promotions companies in Mexico, which brings their employee count to 4,700. The CEO, Sandro Piancone, began the company after he envisioned a better way of getting imported foods into Mexican supermarkets, restaurants and hotels. The market is very fragmented and is made up of about 25,000 independent distributors, but Nascent’s approach streamlines the distribution process and redirects revenues into their account. The company recently opened a full service warehouse and distribution center in Culiacan, Sinaloa, Mexico which will…

MondayJul 30, 2007 2:30 pm

Reed’s, Inc. (REED.OB) CEO to Present at 2007 ThinkBig Conference

Reed’s announced that its Founder and CEO, Chris Reed, will be presenting at the ThinkEquity Partners 2007 ThinkBig Conference August 2, 2007 at 9:15 a.m. ET. The conference will be held at The Mandarin Oriental Hotel in New York, New York and will have a live webcast available on the ThinkBig Conference section of the ThinkEquity website at http://www.thinkequity.com. A full recorded video of the presentation will be available after the presentation for 30 days. Please share your thoughts: Reed's, Inc. Message Board

MondayJul 30, 2007 1:55 pm

Shandong Bolstered by Agricultural Reports

LAIZHOU, China (July 30, 2007) - Shandong Zhouyuan Seed and Nursery Co. Ltd. (OTCBB: SZSN) jumped 14 percent after market open today, rising to 32 cents a share on the news of the company's "encouragement" by two recent research reports from a pair of China's leading agricultural authorities - the Chinese Ministry of Agriculture and the China Seed Trade Association (CNSTA). According to a recent statement from Shandong, both the Ministry of Agriculture and the CNSTA are expecting an "uptrend" on the price of corn in China this year, based on "forseeable demand" and a number of factors that will…

MondayJul 30, 2007 1:53 pm

Conspiracy Entertainment Launches New Web site Targeting Gamers, Investors

SANTA MONICA, Calif. (July 30, 2007) - With gamers, investors, and the media in mind, Conspiracy Entertainment Holdings Inc. (Pink Sheets: CPYE) launched its new Web site today, boasting its publishing content for all viable gaming platforms such as Xbox, Nintendo Wii, Nintendo's DS and Game Boy. "Our Web site is an important global marketing channel to showcase our products, and integrate new products gained from our licensing and publishing agreements. We remain dedicated to increasing our transparency to shareholders and the gaming community, and will frequently update the site with our latest corporate developments," Sirus Ahmadi, president of Conspiracy…

MondayJul 30, 2007 1:51 pm

Cyclone Power up on News of Engine Advancements

POMPANO BEACH, Fla. (July 30, 2007) - Share prices for alternative power expert Cyclone Power Technologies (Pink Sheets: CYPW) rose an impressive 16 percent on market open today, thanks to the news that the company has made "material advancements" on its patent-pending Green Revolution Engine. Wilson McQueen, a spokesman for the company, was thrilled to talk about his company's engine. "We've got an engine that's got all sorts of benefits and none of the drawbacks of the internal combustion engine," McQueen told MN1. "This external combustion engine ... number one, it'll run on any fuel. I'm talking about any liquid…

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