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FridayJun 08, 2007 12:02 pm

Terax Energy Jumps 88 Percent on News of Acquisition

Share prices for independent oil exploration company Terax Energy (OTCBB: TEXG) exploded today after the company announced it was being acquired by Beverly Hills-based oil and gas exploitation company Westar Oil, rising more than 80 percent immediately after market open.According to a recent press release, Westar Oil recently acquired the senior debt position held by third party creditors in the amount of $3 million and intends to convert that debt into stock of Terax energy at a value of $6.75 a share. The release also said that Westar intends to enter into a share exchange agreement with Terax in which…

FridayJun 08, 2007 12:02 pm

Bootie Beer Changes Ticker Symbol to TMTP

Shares of TMT Capital Corporation (OTCBB: TMTP) were up 17 cents (31 percent) to 72 cents per share today on volume of 6,250. The company announced today that its common stock will commence trading on June 8, 2007, under the new trading symbol TMTP.The new name and symbol change reflect the new company strategy to acquire majority owned interests in emerging, private companies that target multi-billion dollar industries and have a unique point of difference. The company's latest unaudited financial statements for the three months ended March 31, 2007, reflect negative cash flows from operations of ($151,298) and a net…

FridayJun 08, 2007 12:02 pm

Alternate Energy Holdings (AEHI.PK) Pursues Nuclear Energy and Lightening Energy

Formed by a group of retired energy industry executives, Alternate Energy Holdings (Pink Sheets: AEHI) was founded to assist the country in becoming less energy interdependent. One of the company's biggest projects, building a nuclear power plant in Idaho, is underway. Alternate Energy expects the Idaho Energy Complex to have the capability to generate ethanol for less than $1.00 per gallon. Ethanol's current going rate is about $2.00 per gallon.The Energy Complex is a proposed commercial nuclear power plan/bio-fuel generation facility anticipated to generate enough power to accommodate Idaho's growing demand for electricity while eliminating fossil fuels as a power…

FridayJun 08, 2007 12:02 pm

SWAT Systems (SWAT) Perfects CommandGrid System

The Security With Advanced Technology Systems Company (Nasdaq: SWAT) recently told Market News First that the testing of its updated remote-user Internet-based security system - otherwise known as "CommandGrid" - was going well."It's basically a security solution that we're designing mainly for small businesses ... that's Internet-based," SWAT Systems spokesperson Heather Black said. "So anyone with computer access can access the security." According to Black, the CommandGrid system is an Internet-based client that functions much like any secure Web site - you enter your account's user name and password, and then access your system. What's different is that the system…

FridayJun 08, 2007 12:02 pm

Smart Online Inc (SOLN.OB) Teams up with Jamcracker & Boasts Strong Cash Position

Shares of Smart Online Inc. (OTCBB: SOLN) were trading up 7 cents (3 percent) to $2.27 per share on volume of 32,700 Friday afternoon. The company recently announced a deal with Jamcracker, an on-demand services company, where the OneBiz platform of private-label small business applications will be available for resale through the Jamcracker Services Delivery Network (JSDN) beginning in the third quarter of 2007.JSDN allows service providers, resellers and vendors to deliver on-demand services to businesses and consumers. This partnership will enable Jamcracker to offer SOLN's private-labeled small business software platform, OneBiz, through its global services-delivery network to resellers, including…

FridayJun 08, 2007 12:02 pm

CytoDyn (CYDY.PK) Updates DNA Flu Vaccine

Biomedical corporation CytoDyn Inc. (Pink Sheets: CYDY) recently announced that the laboratory of Dr. Shan Lu at the University of Massachusetts Medical School (UMMS) had provided CytoDyn with updated DNA-based H1 and H3 serotype influenza vaccines for the 2007-2008 flu season, giving the company a much-needed edge in the bio-pharmaceutical industry.According to a recent release, the DNA-based flu vaccines were updated in less than a month and a half - a much shorter amount of time than it would take to update the vaccine using a wild or natural virus - and plans on using both the H1 and H3…

FridayJun 08, 2007 12:02 pm

NewMarket China (NMCH.OB) Forecasts $40M in Revenues for 2007

Shares of NewMarket China Inc. (OTCBB: NMCH) were trading flat today at 19 cents per share on volume of just over 85,000. The company announced today that it was rated by Beacon Equity Research as a "Speculative Buy" with a target price per share of $1.10.In the fourth quarter of 2006, NewMarket Technology Inc. (OTCBB: NMKT) reorganized its previously existing Chinese business operation into the publicly listed NewMarket China. Recently, the company filed its first annual report following the reorganization, reporting $29.5 million in revenue with a profit for fiscal year 2006. NewMarket China has also set 2007 revenue goals…

FridayJun 08, 2007 12:02 pm

Early Gainers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following four companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.Shares of Terax Energy Inc. (OTCBB: TEXG) were up $1.01, or 68 percent, to $2.50 on volume of 675,920 Friday morning after the company announced Westar Oil Inc. will acquire Terax Energy with a share exchange agreement. Westar shares are valued at $24.50 per share, Terax shares are valued at $6.75 per share. The exchange will be effective June 21,…

FridayJun 08, 2007 11:31 am

CanAm Uranium Corp. (CAUI.OB) Completes Drilling Nine Holes on the Amalgamated Rare Earth No. 2 Project

CanAm is pleased to announce the completion of nine drill holes on the project in Bancroft, Ontario by Operator El Nino Ventures Inc. The Operator will be expediting the results by rushing the status on core samples. The summery of the findings will be published when they arrive in the next two weeks. The company is currently working on compiling data on the optioned Bancroft Ontario projects. Bancroft was well known for its uranium, producing over 4,862,000 lbs between 1956 and 1982. CanAm and El Nino are actively working to relive the historical results. The CEO of CanAm Uranium, Ryan…

FridayJun 08, 2007 11:11 am

ALL Fuels & Energy Company (AFSE.PK) to Build Ethanol Plant in Manchester Iowa

ALL Fuels & Energy Company (AFSE.PK) is in the development stage of building a state of the art 100 million gallon ethanol plant, on 154 acres in Manchester Iowa. The build out, using the same plant design team as used at Ace Ethanol, is anticipated to occur over the next 15-20 months. AFSE has been making solid progress towards its construction goal at Manchester. To date, the Company has engaged Delta- T Corporation to provide Project Engineering Services and Delta- T's engineers are currently working with Kraus-Anderson Construction, the intended plant general contractor. Significant progress towards completing the necessary preliminary…

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Terax Energy Jumps 88 Percent on News of Acquisition

Bootie Beer Changes Ticker Symbol to TMTP

Alternate Energy Holdings (AEHI.PK) Pursues Nuclear Energy and Lightening Energy

SWAT Systems (SWAT) Perfects CommandGrid System

Smart Online Inc (SOLN.OB) Teams up with Jamcracker & Boasts Strong Cash Position

CytoDyn (CYDY.PK) Updates DNA Flu Vaccine

NewMarket China (NMCH.OB) Forecasts $40M in Revenues for 2007

Early Gainers with Big News

CanAm Uranium Corp. (CAUI.OB) Completes Drilling Nine Holes on the Amalgamated Rare Earth No. 2 Project

ALL Fuels & Energy Company (AFSE.PK) to Build Ethanol Plant in Manchester Iowa

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