MondayMay 14, 2007 5:13 am

Terra Nostra Resources Corporation (TNRO.OB) Produces and Ships Order Towards $30 Million Dollar Contract

Terra Nostra Resources Corporation (TNRO.OB) reports the successful production and shipment of 304 grade stainless steel billets by Shandong Quanxin Stainless Steel Co., Ltd., its stainless steel joint venture operation in China, towards a recently announced $30 million dollar contract. Mr. Sun Liu James Po, Chief Executive Officer, stated, "Our ability to deliver a product of international standards, to a world class customer, is an important validation of the extensive testing and trial production performed at our stainless steel casting facility. Furthermore, the anticipated revenue from this contract represents an anticipated 3x increase in total revenues for the stainless steel…

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MondayMay 14, 2007 5:02 am

Cord Blood America, Inc (CBAI.OB) Pays off Debt Six Months Ahead of Schedule

Cord Blood and its loaner, Bergen Community Regional Blood Centers, reached an agreement to cancel a quarter million dollar of debt, plus its interest. In only six payments, the company paid off the entire debt using cash flow and money from private investors. Matthew Schissler, CEO of Cord Blood, commented that the agreement will allow Cord Blood to have additional funds, and also affirms the company’s financial soundness. He plans to retire more debt, and begin growing the company through "intelligent, organic growth, accretive acquisitions, pushing towards being cash flow positive and de-levering the balance sheet." Let us hear your thoughts…

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MondayMay 14, 2007 4:49 am

Solid Sales & Profits Fuel AEY’s Jump

Shares of ADDvantage Technologies Inc. (Amex: AEY) surged today after news of its second-quarter earnings were released earlier this morning. In mid-day trading, shares of ADDvantage were trading up 27 cents (6 percent) at $4.52 per share on volume of 405,100. For the three month period ended March 31, 2007, revenue was $16 million compared to $12.4 million in the second quarter of fiscal 2006, an increase of 29 percent, and matches its largest quarter of revenues. “A significant portion of our revenue growth came from new product sales to several large MSOs in the Midwest that are making capital…

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MondayMay 14, 2007 4:16 am

Terra Nostra Resources Corp. (TNRO.OB) Announced Successful Shipment for a Multi-Million Dollar Contract

Before the bell today, Terra Nostra announced that they have shipped 304 grade stainless steel billets in order to fill a $30 million dollar contract. The company is not finished however because of other contracts detailing they must produce 600 Metric Tonnes ("MT") of 304 stainless steel billets every month for one year. Mr. Sun Liu James Po, Chief Executive Officer, stated that the extensive testing and trial production is validated by the company’s ability to deliver a product of international standards to a world class customer. The revenue expected from the contract is expected to triple the Terra Nostra’s…

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SundayMay 13, 2007 5:25 am

May 14th CEOcast Weekly Newsletter

05/13/2007 VOLUME 299 Companies featured in the current edition of the newsletter: ADSX, ARGA, AVGOE, CGXP, CHIP, CYTR, EEEI, GNBT, GSHF, HSOA, HYTM, IRBO, ITUI, MBIF, MBND, NTRN, OXIS, PBIO, PCLI, POIG, RTK, SCLL, TAGS, VOII, VQPH Stocks continued their forward climb as the market reacted positively to the Fed's actions last week. With signs pointing to a moderating economy, and inflation appearing manageable, investors are banking on the Fed engineering a "soft landing"which will eventually lead to rate cuts further later in the year. The Dow set two all-time highs this week, one by reaching an intra-day high of…

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FridayMay 11, 2007 6:17 pm

Nascent Food Service, Inc. (NCTW.OB) is Now a National Competitor in the Foodservice Industry

Nascent’s acquisition has now positioned the company as a major player in the foodservice and retail trade. The CEO of Nascent, Sandro Piancone, stated that the company has overcome a major milestone in their business plan. He continued saying, “It effectively completes our geographical coverage throughout Mexico, making Nascent the first national distributor of imported products into Mexico." The president of Nascent expressed his excitement for the company as he commented on it as being the only “one-stop-shop” for nationwide distribution. He believes Nascent has a strategic advantage over its competitors because they are a U.S. based business. Nascent now…

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FridayMay 11, 2007 5:34 pm

With Six Holes Drilled at the Halo Property in Ontario; CanAm Uranium Corp. (CAUI.OB) Reports Results

CanAm Uranium Corp. (CAUI.OB) reports the completion of six test drill holes at the Halo Property.  It is important to note, the current price of Uranium is $120 per pound as of May 7 2007, is up $7 since the release of the information by Operator El Nino Ventures.   El Nino and CanAm released assay results for the first four drill holes. Best results to date have been achieved in DDH H-4, the upper hole on the second or easternmost section drilled. Eight radioactive pegmatite dikes were intersected within an interval of 24 metres. Assays/width ranged from 0.01 per cent uranium…

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FridayMay 11, 2007 4:38 pm

With Major Acquisition, Nascent Food Service, Inc. (NCTW.OB) Becomes First Nationwide Imported Food Distributor Throughout Mexico

Nascent Wine Company, Inc. (NCTW.OB), reports that it has acquired Pasani, S.A De C.V., making Nascent Food Service, Inc., a national player in the foodservice and retail arenas. Nascent Food Service is striving in Mexico, to be of a similar business model, of the very successful and market leading frim, Sysco Foods in the U.S.      Pasani is a Mexican-based company importing and distributing some of the most popular name brand European and Asian food products in all of Mexico. Pasani's product lines consist of more than 200 private labeled and trademarked items under the Bonet and Mitsuki brands. Pasani's current customers…

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FridayMay 11, 2007 1:05 pm

Distributing Guilt-Free Cheeseburgers

I love cheeseburgers. It seems everyone does. The question for Natural Harmony Foods Inc. (Pink Sheets: NHYF) ... Will everyone like the "hybrid" burger now available to consumers? I taste tested the product line and I must tell you that I enjoyed everything from the beef and pork patties to the breakfast sandwiches with cheese and egg on a muffin.I knew I was going to write this article, so I pulled up the Web site (www.naturalharmonyfoods.com/) and found where I could go to buy them off the shelf. I drove directly to Kroger and loaded my cart with stuff to…

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FridayMay 11, 2007 1:05 pm

Unusually High Volume Gets Management Attention

Thirty minutes before the closing bell Friday, volume of Technest Holdings Inc. (OTCBB: TCNH) was at 900,000 - compare that to a daily volume of 50,000 shares a day and there's bound to be speculation. The extraordinarily high volume prompted a Technest response this afternoon, just after the company reported its 2007 third-quarter results.Technest closed at 31 cents per share Friday afternoon, down 66 percent from Thursday's closing price. In the press release, the company states that its value is not reflected in Friday's closing price - and refers investors to its 2007 third-quarter results filed with the SEC Friday…

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