Blog - Page 5044 of 5486

TuesdayAug 07, 2007 5:27 am

Smarts Oil & Gas Changes Name to Dynamic Natural Resources and Develops Relationship with MN1.com

Smarts Oil & Gas, Inc. (OTCBB: SOGN) is pleased to announce that the Board of Directors and the NASD have approved a name change of the company to Dynamic Natural Resources Inc. Dynamic, a name which encompasses the vast opportunities available to the company, will be the parent company with many of our subsidiaries maintaining their own identity. The exploration and well service divisions will provide the cash flow that will allow Dynamic to increase shareholder value. As part of the transition, Scott R. Masse will be named new CEO and President, and Gerald Schiano will be named CFO and…

TuesdayAug 07, 2007 5:18 am

eBenefits Direct, Inc. (EBFD.PK) Subsidiary Receives Approval to Air First Hispanic Television Commercial to Promote RightHealth Programs

eBenefits announced that its wholly owned subsidiary, L.A. Marketing Plans, LLC, recently received approval to air a commercial on several Hispanic networks across the United States that will promote the company’s RightHealth Programs. According to the Center on Budget and Policy Priorities, almost one-third of all U.S. Hispanics have no health insurance, and neither do 15% of Americans as of 2004. The approved commercials are targeted specifically to the Hispanic marketplace, which has been estimated to 40 million viewers. Randy Schleger, President of eBenefits Direct, commented, “We are extremely excited to be able to provide a variety of affordable discount…

TuesdayAug 07, 2007 5:12 am

Fed Keeps Rates Unchanged For Ninth Straight Meeting

The Federal Reserve kept the overnight federal funds rate steady at 5.25 percent for the night straight meeting, and it said that inflation remained its main concern despite signs of slowing growth The economy grew at annual rate of 3.4 percent in the second quarter of 2007 after a revised rate of 0.6 percent in the first three months of the year. The Fed believes that expansion will slow in the second half of the year and have set predictions of 2.25 percent to 2.5 percent for this time period. Although growth looks to slow, inflation is following suit as…

TuesdayAug 07, 2007 5:02 am

Compress Technologies, Inc. (CTLG.PK) Reveals the Latest Version of FM-SCA Equipment

Compress Technologies and Pegasus Data jointly announced today the release of their latest generation FM-SCA equipment. The new generation transmitter and receiver broadcasts and receives 15 digital channels, including 5 channels of classical and pop music plus 10 channels of simulated audio. The CTO of Compress, Tom Terwilliger, stated, “This generation of equipment marks an important forward step in the improvement and design over previous versions.” Pegasus Data plans to continue enhancing FM-SCA and stated that it should be capable of transmitting and receiving 50 audio channels in the near future. Please share your thoughts: Compress Technologies, Inc. Message Board

TuesdayAug 07, 2007 4:14 am

Inform Worldwide Holdings, Inc. (IWWI.OB) Diversified Business Strategy Gives the Company Much Opportunity to Accomplish Its Goals

Inform Worldwide Holdings identifies and pursues revenue opportunities in natural resources development and servicing. Recently the company signed an agreement with Soam Oil & Gas Investments, LLC to acquire Soam’s interest in two significant oil and gas projects and is also acquiring surface coal leases in Pennsylvania. The demand for resources such as oil, gas and coal is continually increasing as the population grows and the economy expands. U.S. oil consumption is projected to reach nearly 26.1 million barrels per day by 2025, according to the Energy Information Administration. In order to diversify its portfolio and reduce the risk associated…

MondayAug 06, 2007 9:15 pm

News Around The Bulletin Boards

News Around The Bulletin Boards « H E » MN1 Exclusive :: email posted Monday, 6 August 2007 MN1 Staff WriterCompanies’ earnings reports often generate a buzz in the marketplace whether the reports provide positive results or potentially downward pointing earnings. Commerce Planet Inc. (OTCBB: CPNE) reported preliminary revenues and operating income for the second quarter of 2007. Profits are believed to have increased by 48 to 55 percent year over year and generated an increase in the company’s share price of 7 cents, or 9 percent, to 89 cents on the day. In other earnings news, Fremont Michigan InsuraCorp…

MondayAug 06, 2007 9:14 pm

MobiClear Rises on Partership

Credit identity protection technology provider MobiClear Inc. (OTCBB: MBIR, Deutsche Brose: B3CA) rose 15 percent today, hitting 6 cents a share after the company announced it had entered into a partnership agreement with fraud management software manufacturer Bastion Payment Systems Corporation. According to the statement, Bastion will market and launch MobiClear's "exciting line" of security solutions to market-lending financial institutions in the Philippines and other Asian countries. "The banks have expressed great interest in the product's ease of implementation, cost-effectiveness, and the ability to be brought to market in a timely fashion," the statement said. MobiClear reportedly specializes in electronic…

MondayAug 06, 2007 9:13 pm

Commerce Planet Foresees Near 55% Increase in Revenue

Shares of Commerce Planet (OTCBB: CPNE) were up 7 cents, nearly 9 percent, to 89 cents Monday afternoon, moving on volume of 1.1 million. Today the company announced it expects second-quarter revenue to increase 48 percent to 55 percent, as compared to the same period last year. In a statement, the Internet-based media company said it expects revenue for the period ended June 30, 2007, to increase to $10.5 million, up from $7.1 million the year prior. "We are pleased with our preliminary results for the second quarter, which reflect the success of our initiatives to increase the quality of…

MondayAug 06, 2007 9:12 pm

Digital Ally Shows Record Sales for Second Quarter of 2007

Digital Ally Inc. (OTCBB: DGLY), a manufacturer of advanced video surveillance products for law enforcement, homeland security, and commercial security applications, announced Monday it recorded record revenue and net income for the second quarter of 2007. Company revenue for the three-month period ending June 30, 2007, was around $3.8 million, compared to revenue of $0.8 million during the second quarter in 2006. The big revenue spike began in March 2006, when the company commenced shipping its advanced digital surveillance products. The spike also spread to gross profits for DGLY, which totaled around $2.6 million during the second quarter of 2007,…

MondayAug 06, 2007 5:59 pm

Inform Worldwide Holdings, Inc. (IWWI.OB) Subsidiary Signs Independent Contractor and Contract Mining Agreements

Inform Worldwide Holdings subsidiary, One World Energy Corporation, announced that it entered into an Independent Contractor Agreement with Ralph Smith & Son. Under the terms, the subsidiary will grant Smith & Son the right of first refusal as mining operator for acquired surface coal mining projects and One World Energy will supply the necessary operating capital and equipment. Smith & Son will receive 40% of the net revenue and was given the rights and privileges to the Motoncha and Selinger Leases. Upon the signing of the lease, the subsidiary completed the acquisition of all the leases that make up the…

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