Blog - Page 5121 of 5708

TuesdayNov 06, 2007 6:06 pm

Gateway Energy Corp. (GNRG.OB) Announces Increased Revenues

Gateway Energy Corporation (GNRG.OB) announced that representatives of Madisonville Gas Processing have informed the company that their Madisonville Gas Project in East Texas is now fully operational. As a result, the company is able to treat an additional 50,000 Mcf/d of gas, which will lead to increased revenues in the near feature. Currently, there are six wells drilled in the area near the Madisonville Project. Four of these wells have already been connected to the GP treatment plant, with the two other wells still under construction. Robert Panico, President and Chief Executive Officer of Gateway, stated, "The initial production from…

TuesdayNov 06, 2007 6:03 pm

Nevada Geothermal Power Inc (NGLPF.OB) Seals a $20 Million Financing Deal

Nevada Geothermal Power Inc. (NGLPF.OB) recently announced that the company's wholly owned subsidiary, "NGP Blue Mountain I LLC", has closed a $20 million financing deal with Glitnir Banki hf ("Glitnir"). As a result of this transaction, the company has also amended and restated the Commitment Letter for the Loan to include Glitnir as the official loan underwriter. Glitnir Banki granted this loan to NGP Blue Mountain for the ongoing development of the company's 35 Blue Mountain, Faulkner I project in Nevada. The loan proceeds will be used to aid pre-construction efforts for the company's geothermal power plant, geothermal well field,…

TuesdayNov 06, 2007 6:00 pm

Axcess International, Inc (AXSI.OB) Announces Exclusive New Technology

Axcess International Inc. (AXSI.OB), the nation's leading provider of business activity monitoring solutions, announced that the company's exclusive technology platform "DOT" has officially been released. DOT will be the world's smallest but most powerful battery powered wireless computer offered on the market today. This technology will feature a dynamic view into the status of every portion of an individual company, and then specify how each portion aids or hinders the goal of the enterprise. Thus, DOT provides various businesses an uncanny opportunity for increased productivity, security, and revenue growth Because DOT technology is very flexible and not defined by one…

TuesdayNov 06, 2007 5:58 pm

Lucas Energy, Inc. (LUCE.OB) Announces High Well Production Rate

Lucas Energy, Inc. (LUCE.OB), one of the country's leading independent oil and gas corporation, announced that the company's initial production rate for the Hagen Ranch No. 3 well has exceeded prior expectations. The Hagen Ranch No. 3 Well, located in Texas on a 1330 acre land lease, was first drilled on August 30, 2007. Because the company previously announced an aggressive twelve month drilling program to increase revenue, the Hagen Ranch was the best property to meet such goal. Consequently, Lucas' total daily production revenue for this ranch exceeded 163 BOPD with no water deposits present, considerably increasing Lucas' total…

TuesdayNov 06, 2007 12:48 pm

SmallCAPS.us Featured Company: AML Communications (AMLJ.OB) Reports Q2 Results

AML Communications recently announced results for the second quarter ended September 30, 2007. Net sales for the quarter totaled $3.20 million, which is a 49% increase from the same period last year. The company also reported a profit of $104,000, or 0.01 per share, a significant improvement from last year’s net loss of $32,000. Revenues for the quarter were higher due to an increased amount of bookings for the core defense business and revenue contribution from the company’s subsidiary, Mica-Tech. The increased bookings were reported during the last three quarters and are expected to positively impact future revenues as many of them are…

TuesdayNov 06, 2007 11:45 am

Nexia Holdings, Inc. (NEXA.OB) Announces Grand Opening of New Lifestyle Salon

Nexia Holdings announced today that it is hosting an all-day grand opening celebration at its most recently acquired salon located in Bountiful, Utah. Anyone interested in visiting is invited during the hours of 9 AM to 8 PM Mountain Time. The state’s top stylists, Matthew Landis and Shawn Kirk, will be conducting one of several workshops at the grand opening. Significant speakers such as Kim Drak, an AVEDA Color Purefessional(TM), will be presenting in addition to rising soccer star Jamie Watson, Jared Gold of Black Chandelier, Utah’s Top 3 Drifters and many others. The new salon will be giving away…

TuesdayNov 06, 2007 9:22 am

Digital Ally, Inc. (DGLY.OB) to Host Third Quarter Conference Call Tomorrow

Digital Ally announced today that it will host an investor conference call on November 7 to discuss its operating results for the third quarter and first nine months of 2007. The call will begin at 11:00 AM EST after the company releases the operating results earlier in the day. Shareholders and other interested investors can participate by dialing 866-406-5369 and referencing the ID code 9407945 a few minutes before 11:00 a.m. A replay of the conference call will be available two hours after the conference call for one week, and can be accessed by dialing 877-519-4471 and entering the conference…

TuesdayNov 06, 2007 8:54 am

InteleCom, Inc. (IECM.PK) Appoints Business Entrepreneur and Information Technologist to Board of Directors

InteleCom announced today that it has appointed Dr. Xingyu Chen to its Board of Directors. Dr. Chen is a brilliant mathematician and business designer who will be the designer for Intelecom’s compensation plan, robust office, real-time commission tracking system for all phone orders, distributor package orders and online phone activations. He has already been instrumental in introducing the company to Chinese business leaders around the globe. Dr. Chen graduated received his Bachelor of Science degree in 1982, Master of Science in 1983, and later Ph.D. in applied mathematics. He has extensive managing and consulting experience working with a myriad of companies…

TuesdayNov 06, 2007 7:23 am

Canam Energy, Inc. (CNGJ.PK) Awarded “Speculative Buy” Rating and $1.50 Price Target by Beacon Equity Research

Canam Energy is an emerging player in the uranium mining industry. The Company is focused on acquiring highly prospective properties, primarily uranium, which offer the opportunity for exploitation and development. The Company owns two high-grade uranium properties in Canada, both of which have exploration programs underway and plans to begin drilling during the 2007-2008 season. Its Grand Calumet property consists of 24 claims and 3,000 acres in Grand Calumet Township of Quebec and has great potential to be highly productive. Nuclear fuel, produced by uranium, is the most efficient fuel for generating electricity. A kilogram of uranium can produce 50,000…

TuesdayNov 06, 2007 7:00 am

ShotPak, Inc. (SHTP.PK) Expands Distribution Network to Include Alabama

ShotPak announced today that they will be introducing its entire product line throughout the state of Alabama through a select group of retailers. The Company’s product line includes premium Vodka, high end Whisky, premium Rum and quality Tequila as well as its premium Vodka flavored shots. Ignus Hattingh, Vice President of Sales for ShotPak, stated, “Having distribution in every state is one of our Company’s most important goals and we are very excited to include the State of Alabama in our network. Should any Alabama consumers have difficulty finding the ShotPak products in their area, they should not hesitate to…

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