Blog - Page 5011 of 5550

WednesdayOct 10, 2007 4:06 am

Zanett, Inc. (ZANE) Fiscal Analysis

Zanett, Inc. (ZANE) recently reported its operating results for the second quarter of 2007. Revenues for the period that ended June 30, 2007 were up $12.5 million, or 9.6% from the $11.4 million reported during the same period in 2006. ZANE used $1.7 million in cash for operations and to aid in various acquisitions and capital expenditures, and also spent $1.7 million for investing. To finance the cash requirement for these ventures, the company borrowed $3.75 million from a separate entity. Additionally, the Company operated at break even, with no net loss reported or recognized in the balance sheets. However,…

WednesdayOct 10, 2007 4:03 am

Grandview Gold Inc. (GVGDF.OB) Property Overview

Grandview Gold Inc. (GDVGF), a development-stage mining company headquartered in Toronto, recently shed light on various mining properties. Grandview Gold is focused on aquiring, exploring, and developing high grade gold properties in the US and Canada, and currently has 3 properties to meet such goals. These mining interests are located in the major gold districts of Red Lake, Ontario and Carlin Trend, Nevada, as well as in the emerging Rice Lake District in Manitoba. The Carlin Trend: Located in Nevada, this area is the richest gold producing region in the United States, and the second richest gold district in the…

WednesdayOct 10, 2007 4:00 am

QuoteMedia (QMCI.OB) Now Offers International Stock Coverage

QuoteMedia (QMCI.OB) recently announced an advantageous solution to many international traders and investors alike, as they now offer full coverage for 40 international stock exchanges. Individuals are able to gain access to the Complete London Stock Exchange and World Indices in both real time and delayed quotes quickly and easily. An example of the new stock exchanges included with this new program are: Euronext Exchanges: Paris, Amsterdam, Brussels, Lisbon, Borsa Italiana, London Stock Exchange (Real Time, Delayed, or EOD) , Deutsche Borse , Swiss Exchange , RTS - Russian Trading System Stock Exchange .MICEX - Moscow Interbank Currency Exchange, Philippines…

WednesdayOct 10, 2007 3:06 am

Market Recap for Tuesday, October 10, 2007

Stock markets inched higher after the release of the US Federal Reserves minutes regarding further rate cutes. The minutes revealed a unanimous consensus for Fed Policymakers to slash interest rates by one half percent. Much of this decision was influenced by the credit crisis that has plagued many Americans and the worst housing slump in 16 years. New York's DJIA gained 120.8 points, reaching a new high of 14,164.53. The Nasdaq composite index advanced 16.54 points to 2,803.91 while the S&P 500 index also closed at the high of the day, moving ahead 12.57 points to close 1,565.15. Let us…

TuesdayOct 09, 2007 1:19 pm

Stevia: Illegal if Referenced as “Sweetener,” but Money to Sunwin

Shares of Sunwin International Neutraceuticals Inc. (OTCBB: SUWN) climbed 12 cents, or 21 percent today, settling at 71 cents at the market's close. This morning the company announced its wholly-owned subsidiary Sunwin Stevia Int. Corp. received a purchase order for its OnlySweet "stevia" to be used in a line of low calorie cola, orange soda, and lemon-lime twist soft drinks. Stevia (also called sweet leaf or sugarleaf) is a genus of about 150 species of herbs and shrubs in the sunflower family. It's extracts have up to 300 times the sweetness of sugar, which accounts for its growing, worldwide popularity…

TuesdayOct 09, 2007 12:36 pm

Aethlon Shares Up on $8.4 Million Equity Line News

Shares of Aethlon Medical Inc. (OTCBB: AEMD) were up today on news from yesterday about its $8.4 million deal with Fusion Capital Fund II, LLC. Aethlon shares were up 8 cents to 80 cents on volume of about 110 thousand shares. Aethlon announced yesterday that it entered into an $8.4 million common stock purchase agreement with Fusion Capital, a Chicago-based institutional investor. The company has agreed to sell Fusion Capital $400 thousand of its common stock on the date they file a registration statement – covering the shares of this deal – with the Securities and Exchange Commission (SEC). Aethlon…

TuesdayOct 09, 2007 12:36 pm

An Ounce of Prevention is Worth a 52-Week HIGH

Merger news drives Prevention Insurance (OTCBB: PVNC) to a new fifty-two week high. Shares of Prevention traded up 6 cents to close at 10 cents per share on volume of almost 7 million shares. The company announced today that it has agreed to merge with Shanghai Senyin Development Company which manufactures pulp and paper products and distributes them around the world. Prevention feels that Shanghai Senyin is a perfect fit that will provide a solid platform to grow international sales. Prevention believes that the merger could be consummated in the next forty-five to sixty days providing that all audit and…

TuesdayOct 09, 2007 12:27 pm

Perfect Web Technologies, Inc. (PWBI.PK) Updates Shareholders and Announces Annual Shareholder Meeting

After the bell, Perfect Web Technologies updated its shareholders regarding recent events and the location of its annual shareholders’ meeting for 2007. Recently the company refined and enhanced its corporate structure to maximize the use of its internal resources. Alan Siegel, MicroCap Management's Managing Director stated, "We are very excited about PWBI's growth in the first 30 days of the campaign, and expect to continue to see progressive business developments." The annual shareholders meeting will be held at the offices of Carey, Rodriquez, Greenberg and Paul LLP from 2:00 PM to 4:00 PM on November 9, 2007. For directions please…

TuesdayOct 09, 2007 12:00 pm

Modavox, Inc. (MDVX.OB) to Deliver Global Internet Radio Program Targeting Basketball Fans

Modavox announced this afternoon that it has established a partnership with American Basketball Association, Inc. (ABKB.OB) and will begin broadcasting “Inside the ABA” through its VoiceAmerica Sports Channel on the 15th of next month at 10 PM PST. Joe Newman, the CEO of ABA, stated, “We are extremely pleased and proud to be included as part of the VoiceAmerica Sports Channel. Modavox is a very impressive organization in a highly competitive field and its range of programming is incredible. Their listening audience worldwide measures in the millions and they are developing fabulous and interesting programs on their various branded channels.…

TuesdayOct 09, 2007 11:22 am

Wall Street News Alert Featured Company: Platina Energy Group, Inc. (PLTG.OB) Announces Acquisition Buying Spree

Platina Energy Group announced today that the management will be announcing several potential acquisitions under joint venture arrangements with various Investor Groups. The company has a good track record of completing potential acquisitions in the past, and is expected to meet its new acquisition goals. The President and CEO of Platina stated, "We have about completed our due diligence on several producing field opportunities in Texas. Our intention is to make offers on these prospects with our joint venture partners providing the project financing allowing Platina to retain a carried interest for facilitating the acquisitions. According to Chip Langston, head…

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