Blog - Page 5102 of 5627

MondayOct 01, 2007 9:29 am

Wall Street News Alert Featured Company: Mammoth Energy Group Inc. (MMTE.PK) Reports Record Oil Prices

After the markets closed Friday, Mammoth Energy reported that oil prices rose above $83 a barrel as concerns build regarding the weak dollar and the decline in crude inventories at a key Oklahoma terminal. The company’s working interests are in gas wells in a field of about 1,045 acres. Mammoth intends to drill more wells on the acreage and could reach a total of 25 wells. Exisiting wells are currently cash flowing positive and a full accounting of the production and engineering of the wells is anticipated by the end of this month. The CEO of Mammoth Energy Group, Joe V.…

MondayOct 01, 2007 7:55 am

Wall Street News Alert Featured Company: Dynamic Media Holdings, Inc. (DMHN.OB) Announces New Acquisition

Dynamic Media Holdings recently announced that it has signed an asset purchase agreement to acquire New Jersey Home & Style magazine. The magazine is sold in bookstores, on news stands and in retail chains throughout the entire tri-state state. As part of the deal Bruce Schoengood will remain as the publisher. Bruce Schoengood has been working in the publishing industry for approximately three decades and has launched dozens of national magazines in many different genres including home decor, entertainment and sports. In 1994, after 13 years as a New York creative director, Mr. Schoengood started his own publishing company and…

MondayOct 01, 2007 6:51 am

Allied Announces $74.7M Sale Spurring 31% Share Increase

Word of a $74.7 million sale sent shares of Allied Healthcare International Inc. (Nasdaq: AHCI) (AIM: AHI) up 31 percent in Monday afternoon trading. Today the healthcare staffing provider announced the sale of its subsidiaries, Allied Respiratory Ltd. and Medigas Ltd., to Air Liquide Group, a provider of industrial and medical gases. According to the press release, Allied maintains a concentration on the expansion of its UK branch network, which provides both homecare services and staffing to local governments and other institutions. The sale of its subsidiaries will allow the company to continue its efforts in the healthcare industry. “Allied…

MondayOct 01, 2007 6:35 am

Beacon Equity Research Reiterates Research Report on Nascent Wine Company, Inc. (NCTW.OB)

Beacon Equity released a new research report on Nascent Wine Company, and awarded the stock with a $4.00 target price. Nascent is Mexico’s only nationwide distributor of imported food and beverage products. It distributes foods and beverages to more than 8,000 locations across Mexico, including supermarkets, superstores, convenience stores, mom and pop markets, restaurants, hotels, resorts, cafeterias, schools and industrial caterers. Future acquisitions will be folded into Nascent's existing infrastructure, enabling the Company to gain consolidation benefits such as reduced overhead and delivery costs. Additionally, most future acquisitions will likely be of regional players. Nascent will be able…

MondayOct 01, 2007 6:17 am

Caddo International Shares Climb on Word of Spin Off

Shares of Caddo International Inc. (CII) (Pink Sheets: PTLD) are up 22 percent in Monday trading, moving up 2 cents to 11 cents on volume of 55,000 just after noon. Today the company announced it will spin off its wholly-owned subsidiary, Petrol Lind Drilling, to operate as an independent company, feeding shareholders a 20 percent dividend of the new entity. Petrol Lind will focus its operations on the exploration and drilling of oil fields, operating with its own board of directors and management team. According to the statement, Petrol Lind intends to offer shares through an initial public offering; however,…

MondayOct 01, 2007 5:57 am

ICP Targets California For Solar Solutions; Shares Up 14%

ICP Solar Technologies Inc. (OTCBB: ICPR) got the ball rolling on the Bulletin Boards today after it announced the opening of a new sales office in Aliso Viejo, Calif. The manufacturer of solar cells and products said the new office will serve as a centralized location for all its California operations, allowing the company to expand and strengthen its relationships with current customers and attract new customers. “We’re thrilled to be opening an ICP Solar office in the rapidly growing California market to propel sales of our mobile solar chargers. Our products, designed for outdoor enthusiasts, provide green power backup…

MondayOct 01, 2007 5:24 am

Beacon Equity Research Rates Vsurance Inc. (VSUR.OB) a “Speculative Buy”

Vsurance provides an array of pet insurance products and numerous web-based companion animal resource sites for pet owners. All of the Company’s sales, marketing and insurance claims processing are Internet-based. Vsurance also offers a unique online reference library of pet health resources, a pet ID and lost and found service, and a variety of insurance policies for pets. Vsurance’s CEO, W. Russell Smith, developed the concept of insuring household pets and has been active in the pet insurance business for the past 12 years. Since April, 2000, Mr. Smith has served as the President of Pets Marketing Insurance.com. Additionally, Mr.…

MondayOct 01, 2007 4:50 am

RedChip Awards Worldwide Manufacturing USA, Inc. (WWMU.OB) with $15.00 Target Price

Worldwide Manufacturing USA has been established for fourteen years and is focused on engineering, contract manufacturing, and direct manufacturing. Its customers are US-based companies primarily in the aerospace, automotive, wireless telecommunications, medical equipment, instrumentation and home electrical industries. In 2005, the company began focusing on growth through acquisitions to achieve higher profit margins and gain complete control over the manufacturing business from sales, to engineering, production, delivery and customer service. Worldwide Manufacturing is committed to acquiring at least one factory each year for one product line, acquiring profitable factories that manufacture brand name or patented products in rapidly growing industries, and…

MondayOct 01, 2007 4:33 am

Wall Street News Alert Featured Company: NATCO International, Inc. (NCII.OB) Receives State Approval

NATCO International recently announced that the law firm of Baker & McKenzia has finished analyzing the California Vehicle Code Section 40202 for Photo Violation Technology to insure that the company's technologically advanced PhotoViolationMeter conforms to California Vehicle Code. Baker & McKenzia reviewed California’s public policy and legislative history to support the use of the PhotoViolation Meter, which is an automated parking meter that utilizes proprietary technology for remote operation. The conclusion of the analysis reported that the use of the meters is supported by public policy, the intent of California Legislature, and the California case law. Fred Mitschele, CEO of…

MondayOct 01, 2007 4:03 am

AspenBio Pharma, Inc. (APPY) Target Market Offers Significant Potential for the Company

AspenBio Pharma is primarily focused on discovering, developing, manufacturing, licensing, and marketing products for animal healthcare. The company uses its proprietary knowledge and technology to develop patented or patentable products that could have significant market potential. AspenBio Pharma also manufactures and markets approximately 30 antigen products, and actively advances the development of animal reproduction products for worldwide markets. Focusing on veterinary medicines provides the company with several competitive advantages. First, since the FDA approval process for animal products is often less costly and time-consuming, the research and development costs are considerably reduced and the timeline to product launch is shortened.…

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