WednesdayMay 16, 2007 9:12 am

MyECheck Inc. Launches Remote Deposit Capture Services

MyECheck Inc., a leading provider of comprehensive Check 21 imaging, processing and related solutions, today announced that the company has successfully launched remote deposit capture services for corporate back office check scanning and Fed image clearing. The new service enables merchants to scan checks at the point of sale or back office and remit properly formatted image files directly to the Fed for immediate clearing to their bank account. The service bypasses the bank of first deposit on the forward process so that the checks clear the same day or overnight. MyECheck delivers robust, high-quality and cost-effective imaging services that…

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WednesdayMay 16, 2007 9:08 am

Some Assembly Required

The market for your product is larger than it has ever been. Your market encompasses the world. But, the promise of a worldwide market is always threatened by worldwide competition. While you are sleeping, there is a bright businessperson on the other side of the world-or maybe just next door-planning to capture your market share, or try to prevent you from even entering the market. Lower costs can lead to lower prices; and with all other variables being equal, the lower price almost always wins. Companies need to examine their costs to identify savings that will allow them to lower…

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WednesdayMay 16, 2007 8:52 am

Red Chip Visibility Presents: American Energy Group. Ltd. (AEGG.OB) with “Aggressive Speculative Buy” Rating

RedChip Visibility, a division of RedChip Companies, Inc., reported that it has initiated research on American Energy Group, Ltd. (AEGG.OB).  Clay Mahaffey, CFA, RedChip Research Analyst, wrote in the report: "The estimated current fair value is the approximate average of several methods, and the $8.00 price target is in line with the NAV at 20 percent. Although an eight-fold price increase in one to two years seems very speculative, in most cases there are solid reasons this will occur for AEGG. First, the severe current undervaluation is due to several factors: operational delays, legal actions against the Company, very conservative…

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WednesdayMay 16, 2007 7:51 am

Red Chip Features: American Energy Group, Ltd. (AEGG.OB)

American Energy Group was founded in 1987, and is currently headquartered in Westport, Connecticut. The company engages in the acquisition and development of oil and gas assets. It has an 18% overriding royalty interest in the Yasin Concession in Pakistan, and a working interest in an oil and gas lease in Galveston County, Texas. RedChip Research Analyst, Clay Mahaffey, CFA, issued an $8.00 price target stating that although the 800% increase seems very speculative, there are several solid reasons that supports the high target. The company is extremely undervalued because of operational delays, legal actions, and a very conservative communications…

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WednesdayMay 16, 2007 7:29 am

Solar EnerTech Corp. (SOEN.OB) Shares Advance Up 7.59%, as Company Ships First Order to Africa

With a Chinese "firecracker" sendoff, Solar EnerTech Corp. (SOEN.OB) reports that it has shipped its first container of solar modules produced for the South African market from its facility in Shanghai.   The shipment is part of the Fan Qie Trading, Ltd. sales order that the Company announced earlier this year. The container is being shipped to the Port of Capetown for delivery to one of Africa's largest solar system integrators. Fan Qui Trading has advised Solar EnerTech that the integrator brings 13 years of experience at successfully installing solar PV systems in remote rural areas throughout the continent. Solar EnerTech believes…

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WednesdayMay 16, 2007 6:58 am

BPTR Sets Sights on 2007 M&A Activity

Shares of BrandPartners Group Inc. (OTCBB: BPTR) rode the good earnings news right up the charts in mid-day trading. The company’s stock was trading up 4 cents (50 percent) to 12 cents per share on volume of 728,404. The company’s first-quarter revenues were $13.9 million, representing a 25 percent increase compared to $11.1 million during the same period last year. Net income for the three months ended March 31, 2007, was $445,000, or 1 cent per share, versus net loss of approximately $1.3 million, or 4 cents per share, during the same period last year. James F. Brooks – CEO…

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WednesdayMay 16, 2007 6:27 am

Foldera, Inc. (FDRA.OB) Announces the Addition of Over 800 Business Accounts

Foldera announced that over 800 buinessess and 600 individuals have activated Foldera accounts. The businesses range from all sizes all the way up to hundred people departments within large companies and school districts. The company has already received over 15,000 account requests since opening up its beta release. Richard Luck, Foldera’s CEO and Founder, stated how pleased he is with the number of account requests received. He continued to say that over the past 45 days the company has released an increasing amount of credentials. Foldera plans to release accounts to the remainder of requests in the next 45 days.…

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WednesdayMay 16, 2007 6:16 am

Home Run Quarter Just a Taste of 2007 Says IAO

Everybody likes breaking records and landing new contracts, especially if you’re a professional athlete or a public company because that means more recognition and most importantly … more money! That’s the story for IA Global Inc. (Amex: IAO) in the first quarter of 2007. Revenue for the first quarter ended March 31, 2007, jumped an incredible 77 percent to $6.5 million from $3.7 million in the first quarter of 2007. Gross profit ballooned up 155 percent to $5.5 million from $2.2 million in the year ago period. Net loss also declined to $844,000 from $1.4 million in the first quarter…

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WednesdayMay 16, 2007 5:51 am

Solar EnerTech Corp. (SOEN.OB) Announces the First Shipment of Solar Modules to Africa

Solar EnerTech is pleased to announce the latest shipment from the Company's facility in Shanghai. The solar modules are being shipped to the Port of Capetown for delivery to one of Africa's largest solar system integrators. The company believes the demand in Africa will grow in 2007 potentially reaching 15 Mw. The recent shipment could assist the company in being an exclusive supplier for this African company. Because of Africa’s strategic location in relation to the sun, it is believed to be one of the best natural locales for solar applications. The continent receives very high direct irradiation and long…

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WednesdayMay 16, 2007 5:24 am

HearUSA Inc. To Appear on MN1.com

Stephen J. Hansbrough, President & CEO, of HearUSA Inc. (AMEX: EAR), will be featured live on Market News First (www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for May 18, 2007 at 9:30AM CDT. Hansbrough will focus on the company’s latest quarterly results and its “Just Find Out” campaign featuring Coach Don Shula. He will also touch on HearUSA’s outlook for 2007. About HearUSA HearUSA, Inc. operates hearing care centers in the United States and Canada. It operates in three segments: Company-Owned Centers, Network of Independent Providers, and E-Commerce. The Company-Owned Centers segment offers…

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