ThursdayJul 05, 2007 6:22 am

CanAm Uranium Corp. (CAUI.OB) Updates Investors on Latest News and Highlights

CanAm announced a Corporate Update this morning. Since the company decided to focus on Uranium, the spot price for the metal has increased from about $40 a pound to $135 a pound. CanAm’s main focus during this Fall will be on the development of the optioned mineral claims in Bancroft by drilling for concentrations of U3O8 in radioactive pegmatite. The property has historically produced 3 million pounds of Uranium. The six holes drilled on the Halo Project has shown assay results which are consistent with previous performance. CanAm has scheduled an exploration program which includes a 3600 line airborne radiometric,…

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ThursdayJul 05, 2007 5:10 am

Extreme Motorsports of California, Inc. (ETMO.PK) Agrees to Appear on National Television

Extreme Motorsports announced that it has approved the final cut of its segment on the TV series, “World’s Greatest!”. The show is a series of 13 half-hour episodes featuring “some of the most amazing and unique companies, products, people and destinations the world has to offer". It is broadcasted to more than 100 million households through national cable outlets such as PAX, OLN, A&E and the Travel Channel. President and CEO of Extreme Motorsports, Alan McCaa, stated, “Everyone at Extreme has viewed the show and we're excited for current and potential shareholders to see the level of quality of the…

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ThursdayJul 05, 2007 5:06 am

BIOHF Heading South of the Border for More Profits

Biotech Holdings Ltd. (OTCBB: BIOHF) (TSXV: BIO) is heading south of the border with the announcement that it is expanding distribution of its Sucanon diabetes drug in Mexico and other markets. BIOHF took over Sucanon distribution from an appointed marketing company in September, 2006 and currently distributes through more than ten chains. Retail chains distributing Sucanon include big-box retailer Wal-Mart and drugstore chains Farmacias Benavides and Farmacias del Ahorro. Catalog and call-center sales to better-off customers are conducted principally through Internacional de Productos. Overall, the distribution system that has been created allows Sucanon to be offered to Type II diabetics…

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ThursdayJul 05, 2007 4:43 am

Hybrid Technologies, Inc. (HYBT.OB) Delivers All-Lithium Smart Car to Oscar-winning Actor

Hybrid Technologies announced that the Hollywood legend, George Clooney, received his very own Smart car. Mr. Clooney has stared in several blockbuster films such as Oceans 11, 12, & 13 as well as "Syriana", the recent drama focusing on international oil politics. People Weekly has featured stories on Hybrid and George Clooney's relationship several times since their contract was formalized. The delivery of the vehicle is part of a new European product launch scheduled for the spring of next year. Hybrid partnered with ALITALIA for shipment to ITALY and is actively selecting other partnerships to distribute its PT cruiser, Mini…

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ThursdayJul 05, 2007 4:12 am

PetroSun, Inc. (PSUD.PK) Updates Investors on Current Algae-to-Biofuel Operations

PetroSun announced that its Letter of Intent’s deadline with Icon Drilling Pty, Ltd has been extended to August 11, 2007. The two companies also have agreed to include Malaysia, Indonesia, Japan and China within the geographical area provided by the License Agreement. In addition to the extension, the company revealed that it has been in active discussions with domestic biodiesel producers to provide future delivery of algal oil as a feedstock for their refineries. The biodiesel industry must pursue a feedstock that provides a consistent supply of fuel at competitive rates compared to petroleum-based transportation fuels. In order to fulfill…

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WednesdayJul 04, 2007 3:39 pm

Top Closers with Big News

The service industries reported unexpected growth in June sending the growth rate to its fastest pace in 14 months. The service industry, which makes up almost 90 percent of the economy, is helping to stabilize the economy from the fallout in the housing sector.The large caps saw mixed effects from the economic news today providing the S&P and NASDAQ with gains and the Dow Jones retreating. The same effects trickle down to the Microcaps even as we inch closer to the bell companies shares continue to move, reflecting news and press releases posted throughout the day. The following companies closed…

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WednesdayJul 04, 2007 3:39 pm

My Vintage Baby (MVBY.PK) Beats Q2 Distribution Channel Expectations

New to the Pink Sheets, My Vintage Baby Incorporated (Pink Sheets: MVBY) achieved an improvement in their share price this morning after it beat expectations this past quarter for the number of new stores that will carry its children's clothing line. The company was able to gain 13 cents, to $1.02 cents, or a gain of 15 percent on volume of 428 thousand at 12:51 CST.My Vintage Baby was able to add an additional 100 new stores over this past season that carry their children's fashion line. The fashion line is now featured in over 533 stores nationwide consisting of…

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WednesdayJul 04, 2007 3:39 pm

Transnational (TAMG.OB) Makes Travel Easier on Journalists

Transportation expert Transnational Automotive Group (OTCBB: TAMG) recently made news when it announced that its inter-city bus division, LeCar Cameroon, had signed an agreement with the National Syndicate of Cameroon Journalists (SNJC) to improve the reporters' access to "efficient, cost-effective transport" by offering reduced bus fares to journalists traveling in Cameroon's sprawling urban centers.According to a statement released by the company, "qualifying journalists" will receive a 16.7 percent reduction in their fare. "We are honored to be chosen as the official carrier for SNJC from among the many inter-urban options available," Cyrille Tollo, general manager of LeCar Cameroon, said in…

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WednesdayJul 04, 2007 3:39 pm

Samsonite (SAMC.OB) Gets Bagged by CVC Capital

Shares of Samsonite Corporation (OTCBB: SAMC) jumped up today after news of its acquisition by CVC Capital Partners surfaced. In early trading today, SAMC was up 11 cents (8 percent) to $1.44 per share on volume of 470,728 shares.SAMC entered into a definitive merger agreement to be acquired by funds managed and advised by CVC Capital, a leading global private equity firm. The all-cash transaction is valued at approximately $1.7 billion, including the assumption of debt. Marcello Bottoli, CEO of SAMC, said in a press release: "We believe that this transaction delivers excellent value to all our shareholders. I am…

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