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ThursdayNov 08, 2007 4:58 am

Kiwa Bio-Tech Products Group Corporation (KWBT.OB) Release Third Quarter Fiscal Results

Kiwa Bio-Tech Products Group Corporation (KWBT.OB) announced that revenues for the first nine months of 2007 have totaled $6,214,712, an increase of 567% over $930,442 in the first nine months of 2006. Revenues for the third quarter of 2007 were also $2,957,972, an increase of 226% compared to $906,068 in the third quarter of 2006. Much of this significant increase can be attributed to the growth of Kiwa's new bio-enhanced feed business. This business recorded revenues of $2.85 million for the quarter, aiding to overall company success. Costs of sales were $2,718,712 and $852,885 for the three months ended September…

ThursdayNov 08, 2007 4:56 am

Former Astronaut to Lead SpaceDev Engineering (SPDV.OB)

SpaceDev (SPDV.OB) announced that former astronaut, James S. Voss, has been elected as Vice President of Engineering. Mr. Voss will be responsible for directly leading SpaceDev's engineering employees and will have a direct and active role with client interaction, product designs, and reviewing SpaceDev's engineering and quality processes. Before being employed with SpaceDev, Mr. Voss began his career in the U.S. Army. During his period with the Army, he rose to the rank of Colonel and graduated from the Army Airborne and Ranger schools. Shortly after Mr. Voss's period at the Army ended, Mr. Voss taught aerospace and mechanics at…

ThursdayNov 08, 2007 4:53 am

National Holdings Corporation (NHLD.OB) and vFinance, Inc (VFIN) Agree to Merge

National Holdings Corporation (NHLD.OB) and vFinance, Inc. (VFIN.OB), both leading investment banking companies, announced that they have entered into a definitive agreement to merge. As a result of this merger, National Holdings will issue shares of common stock in National for all outstanding vFinance common shares. For each share of vFinance stock owned, the vFinance shareholders will receive 0.14 shares in National, representing approximately 40% of National Holdings outstanding shares. Leonard Sokolow, Chairman and CEO of vFinance, stated "Combined we will be one of the largest publicly traded financial service firms targeting the middle market with an independent contractor model…

ThursdayNov 08, 2007 4:51 am

Envirokare Tech, Inc (EVNK.OB) Announces Composite Plastics Industry Award for LRM Industries, LLC

Envirokare Tech, Inc. announced that the company's joint venture, LRM Industries, LLC, has received a composite plastics industry award. Both Envirokare and LRM Industries are focused on manufacturing and marketing large molded products from reinforced and non-reinforced thermoplastic polymers. Composites Manufacturing Magazine and the American Composites Manufacturers Association announced their 2007 Excellence & Innovation Award winners at Composites & Polycon 2007. LRM Industries was granted an Excellence & Innovation Award for their leading manufacturing processes as a result of the company's outstanding achievements. The convention hosts noted that, "LRM has developed an innovative manufacturing process known as TPF Thermoplastic Flowforming™ technology…

ThursdayNov 08, 2007 4:48 am

Freedom Wireless Corporation (TMTP.OB) Signs Exclusive Marketing and Distribution Agreement with Toto Communications, Inc.

TMT Capital Corporation (TMTP.OB) and its subsidiary Freedom Wireless Corporation, a provider of cellular and wireless solutions, announced that Freedom Wireless has signed a sales and marketing agreement with Toto Communications, Inc. This agreement will allow Toto to market and sell all Freedom Wireless products and services; including Zebra Cell-to-Net technology and Freedom Wireless Cellular, Voice, Data and Messaging services to non-profit and military personnel consumer markets. Under the terms of this agreement, Toto will sell a minimum of 100,000 new subscribers to Freedom Wireless services over the next 2 years. Furthermore, Toto plans to add an additional 120,000 new…

ThursdayNov 08, 2007 4:47 am

Axial Vector Engine Corporation (AXVC.PK) Announce Receipt of $500,000 Advance Royalty Payment

Axial Vector Engine Corporation announced the receipt of the company's first ever revenue payment totaling $500,000. Axial Vector received their first royalty payment from EASTCOM LTD and will begin production of two hundred AVEC Gas Cam engines immediately. Consequently, Axial will also begin to proceed with various commercialization processes at the present time. Such processes will include new technology licensing, rapidly seeking new personnel, and developing relationships suited to important fuel and energy saving technologies. "This is a major milestone for our Company and market validation for the many uses of our Axial Vector technology", stated Samuel Higgins, President and CEO.…

WednesdayNov 07, 2007 7:06 pm

Sierra Gold Corp. (SGCP.PK) Announces Equipment Order for Future Gold Mining

Sierra Gold Corporation began ordering equipment for the mining of gold in the late Winter/early Spring season on its Pampana River property in Sierra Leone. Sierra Gold owns the mining rights of Northern Star Resources Ltd, from Sierra Leone. The 40 sq/km property is located on the North Pampana River and south of the Sula Mountains which is one of the richest mining rivers in Sierra Leone. The government has granted the company a two year exploration license. Michael Manke reported in the mid 1990’s gold grades of .12 oz/ton taken from the auriferous gravel in the Pampana Channel and its…

WednesdayNov 07, 2007 11:30 am

China Voice Holding Corp. (CHVC.PK) Share Prices Reach All-Time High of $1.65

CHVC.PK shares have past the previous all-time high of $1.54 today on record breaking volume. Shares are currently up 21.32% with over 1.2 million traded shares. The company has released a series of grand press releases and received significant attention from the investment community since our “One to Watch” alert on October 23 when the stock was trading for as little as $0.64. China Voice Holding Corporation is a U.S. public holding company with a portfolio of next-generation communications products and services with multiple subsidiaries in the United States and China. The Company’s U.S. operations provide the infrastructure to support the marketing,…

WednesdayNov 07, 2007 8:56 am

City Capital Corp. (CCCN) and Wholly owned Subsidiary Announce Joint Venture with Native American Biofuels (NABI)

The joint Venture is Strategic for both partners and has three primary objectives: to facilitate development and distribution of Bio-Fuels and other renewable energy sources, to initiate a low cost supply source on tribal lands at higher profits, and to secure government operating contracts. Native American Biofuels brings a strong supply of biodiesel as well as a CEO with extensive experience securing government contracts. City Capital and Goshen have a more technological approach and advance systems that will significantly help in the procurement and distribution of the Bio-Fuels. Both companies believe the partnership in the Niche Market is going to…

WednesdayNov 07, 2007 8:18 am

Insure.com, Inc. (NSUR) Announces Record Q3 Net Profit and Significant Revenue Growth

Insure.com recently announced financial results for the third quarter ended September 30, 2007. Revenues increased 23% compared to the same period last year and net profit increased to $544,000, or $0.07 per share, which is significantly higher than the loss of $0.28 per share last year. This is the first time in the company’s history that net profit exceeded $5,000,000. Robert Bland, Chairman and CEO of the Company, stated, “Solid year-over-year revenue growth combined with reduced expenses resulted in an excellent quarter. Our new business pipeline remains robust as third quarter life insurance application requests were up 32 percent over…

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