Blog - Page 5089 of 5673

MondayNov 05, 2007 6:55 pm

XO Communications, Inc. (XOHO.OB) Wins Ruling against Level 3 Communications

XO Communications (XOHO.OB) announced that the Court of Chancery in the State of Delaware has ruled in favor of XO Communications' complaint for declaratory judgment. This court ruling, announced on Monday, has also prevented Level 3 Communications from interfering with XO's business operations and requires that Level 3 will uphold their duties under a previous agreement signed with XO Communications. In 1998, both XO and Level 3 entered into an exclusive agreement to mutually develop an extensive fiber optic network. Level 3 was to design this fiber network while XO Communications was to purchase rights to use this network. As…

MondayNov 05, 2007 6:52 pm

Worldstar Energy Corp (WSTR.OB) to Acquire Additional Ownership in Mongolian Mineral Interests

Worldstar Energy, Corp. (WSTR.OB) announced that the company has officially completed a share purchase agreement with the shareholders of Bulgan Gold Investment Limited (GIL) and Bulgan Gold Limited (BGHK). Per the stipulations of this agreement, Worldstar will acquire 2% of the issued and outstanding Bulgan GIL shares and acquire 18% of the issued and outstanding BGHK shares. Subsequently, Bulgan GIL and BGHK will receive $1,000,000 in cash from Worldstar and 10,208,791 of Worldstar's common shares without par value. The total number shares outstanding for WSTR.OB will total 67,970,625 after this agreement is wholly recognized. As a result of this acquisition,…

MondayNov 05, 2007 6:17 pm

BoonMarket Featured Client: Spirit Exploration, Inc. (SPXP.PK) Announces $4.8 Million Joint Venture

Spirit Exploration announced today that it has signed a letter of intent with an exploration company, Franzosi S.A., to enter into a joint venture which will put the Maria Olivia gold project into full production. The exploration company can earn up to 50% of the project by investing approximately $4.8 million and issuing Spirit Exploration a million shares of its capital stock. The definitive agreement is expected to be completed and signed on or before the 13th of this month. Peter Laipnieks, President of Spirit, stated, "This joint venture will accelerate our gold production plans in the Portovelo area of Ecuador.…

MondayNov 05, 2007 5:35 pm

CanAm Uranium Corp. (CAUI.OB) Distributes November Newsletter

Ryan Gibson, CEO of CanAm Uranium Corp., sent shareholders and interested investors the latest newsletter regarding his company's latest events. The entire bulletin can be viewed below. --------------------------------------------- There are many reasons why CanAm Uranium Corp is excited about its current position in the world of Uranium Exploration, especially when one considers its location to world-class uranium exploration and mining camps such as Cameco and JNR Resources. As the CEO of the Company, I am most excited about the Athabasca Basin projects and the proximity of Wheeler-Beckett to current work being performed by our neighbor JNR Resources. Therefore, I have…

MondayNov 05, 2007 5:22 pm

Axiom Management, Inc. (AXMA.PK) is a Rapidly Emerging Company in the Staffing Industry

Axiom Management is a full-service staff recruitment, fulfillment, and human resources management company. The company provides services to logistics providers, warehouses, clerical and technical companies, and light manufacturing businesses. Axiom is compliant with all of OSHA requirements which sets the company apart from much of the competition and provides it with recognized authority. The company has also distinct itself from the rest of the market by being able to market its staffing and risk management services as a complete package or separately. Axiom’s management team has the experience necessary to guide the company to greater success. Peter Morals, president of…

MondayNov 05, 2007 2:02 pm

Enherent Corp. (ENHT.OB) Increases 13.86% from “One to Watch” Alert

ENHT.OB shares closed at $0.115 today after reaching a high-of-day at $0.12. Enherent’s primary goal is to consistently deliver quality solutions and services that provide high value business success. This emphasis enables the company to stand out from the competition. The company’s methodology consists of four unique phases: define the project plan, design applicable standards, develop environments, and deploy the final system. Before moving to each phase, Enherent requires that certain exit criteria is reached in order to maximize short and long term potential. Enherent’s clients are provided with a valuable combination of in-depth experience and understanding of their specific…

MondayNov 05, 2007 8:19 am

Prom Resources, Inc. (PRMO.PK) Continues Bullish Trend as the Stock Increases 58.82% Monday Morning

PRMO.PK continued its run from last week by increasing an additional 58.82% today. In the past six trading days, the stock went from $0.01 to $0.027, which is a 170% increase. Prom Resources has been mentioned a number of stock newsletters recently including Wall Street Savant, HotOTC.com, Inside Move, OTC Picks, Stock Stars, StockEgg, and Shazam Stocks. In most recent news, the company announced that it will resume shipments of gold brearing ore at a rate of 50 kilos per week. Dror Moradov, President of Prom Resources, stated, “Standard Bank metals analyst Walter De Wet has been bullish on Gold,…

MondayNov 05, 2007 8:02 am

Industry Veteran to Support China Voice Holding Corp. (CHVC.PK) Subsidiary’s Growth

China Voice Holding announced this morning that its U.S. subsidiary, CHV International, Inc., has appointed Lee Lemaire as its Manager of Carrier Services. Mr. Lemaire has over two decades of experience in the telecom industry. Before joining CHV International, he served as the Vice President of Fusion Telecom International, Sunrise World Communications, The Witley Group, and Startec Global Communications. China Voice Holding’s President and CEO, Bill Burbank, stated, “We are very excited that Lee has joined CVC International, Inc. Lee will be working very closely with Hank Goldin and our CIO, John Iacovelli to provide exceptional support to our customers and…

MondayNov 05, 2007 6:57 am

Provectus Pharmaceuticals, Inc. (PVCT.OB) is “One to Watch”

Provectus Pharmaceuticals is focused on developing advanced therapies designed to target and destroy the deadliest cancer as well as developing groundbreaking biotechnologies to augment vaccine production and detect viruses. The company is currently conducting clinical trials on their two proprietary drugs, Provecta and Xantryl. Provectra is unique from other cancer treatments by concentrating on toxic levels of tissue while avoiding healthy tissue consequently making it safer and more effective than conventional therapies such as chemotherapy and radiation. The drug is targeting melanoma and focal tumors of the breast, liver and prostate, which together account for more than 520,000 new cases…

MondayNov 05, 2007 6:52 am

Intelecom Inc. (IECM.PK) is “One to Watch”

Intelecom is a Voice over Internet Protocol (VoIP) service provider who has developed and controls its own VoIP service platform, technology, sobz channels, marketing, order fulfillment, shipping, customer service and technical support. The company is among one of the few VoIP providers that utilize plug and play microchip phone equipment that has the ability to work on either dial-up or broadband internet connections. VoIP is a rapidly growing category of hardware and software that uses the internet as the transmission medium for telephone calls. This revolutionary technology is expected to continue its rapid growth until it completely replaces the telephone…

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