Blog - Page 5183 of 5550

TuesdayJun 26, 2007 3:47 pm

SEC Unites to Fend Off Accusations

For the first time in over a decade, all five members of the U.S. Securities and Exchange Commission (SEC) are testifying together in a hearing today at 2 p.m. EDT. The commission, summoned by Congress, is expected to defend itself against accusations that its focus has shifted toward business interests and away from the individual investors, and to respond to public outcry surrounding continual short selling.SEC Chairman Christopher Cox and Commissioners Paul S. Atkins, Roel C. Campos, Annette L. Nazareth, and Kathleen L. Casey are set to gather before the House Committee on Financial Services regarding numerous regulatory issues. An…

TuesdayJun 26, 2007 3:47 pm

Invicta (IVGR.OB) to Focus on Travel Web Site

Things have been quiet for Internet media company Invicta Group (OTCBB: IVGR) since its acquisition of vacation provider Maupintour, a situation the company intends to take advantage of for as long as it lasts."On March 1, we acquired a company called Maupintour that does upscale tours to up to 50 countries," Bill Forhan, CEO of the Invicta Group, told MN1. "That's primarily where our focus has been in the past 90 days. We're trying to build the business, we're trying to generate the process, we're trying to increase the revenues, and we're trying to find synergies in the company." "Weekly,…

TuesdayJun 26, 2007 12:21 pm

Major Progress Achieved by ALL Fuels & Energy Company with Development of Manchester, IA Ethanol Plant

ALL Fuels & Energy Company (AFSE.PK), a Johnston, Iowa-based ethanol company, today updated its progress towards the construction of its planned 100 million gallon per year ethanol production facility in Manchester, IA. “As we have aggressively pursued the acquisition of one or more producing ethanol plants, we’ve also made great progress towards the construction of our Manchester facility,” said Dean Sukowatey, AFSE’s President. With respect to the planned Manchester facility, Mr. Sukowatey noted that the company already has: Land AFSE purchases 150 acres for the Manchester facility for $950,000. Annexation 150 acres annexed by the City of Manchester as part…

TuesdayJun 26, 2007 12:19 pm

SEC Meeting Highlights

The Securities and Exchange Commission (SEC) is meeting today to discuss what they are doing to protect investors, foster efficient markets and promote capital formation. Market News First (www.mn1.com) received an article from the SEC earlier with the issues being discussed at its House Financial Services Committee meeting. Some of the highlights from the release include the following: 1. “The staggering growth in Americans’ participation in the markets, the enormity of the SEC’s task becomes apparent. About 3,600 staff at the SEC are responsible for overseeing more than 10,000 publicly traded companies, more than 10,000 investment advisers that manage more…

TuesdayJun 26, 2007 12:10 pm

ALL Fuels & Energy Company (AFSE.PK) Updates Investors on Latest Developments Regarding the Proposed Manchester Facility

ALL Fuels & Energy issued a press release which detailed the progress made towards completing the construction of the planned 100 million gallon per year ethanol production facility in Manchester, IA. To date, ALL Fuels & Energy has purchased 150 acres for $950,000, received over $17 million in infrastructure improvements, tax credits and property tax abatements, and obtained an Air Quality Permit. The company is waiting for the issuance of a Water Quality Permit, final approval from the Canadian Northern Railroad for its proposed railway plan, and the finalization of their Engineering Procurement Contract with Kraus Anderson, Harris Mechanical and…

TuesdayJun 26, 2007 10:54 am

BioDiesel is Becoming Huge, and PetroSun Inc. (PSUD.PK) is Set to Provide Biodiesel Producers Algal Oil as an Alternative Feedstock

PetroSun, Inc. (PSUD.PK ) reports that the Company has initiated a program to provide existing biodiesel producers algal oil as an alternative to their present feedstock. The Company anticipates that the initial commercial production of algal oil allocated to this program will be available for delivery during the first quarter of 2008. The Company plans to locate its initial production plants in Alabama, Louisiana, Arizona, California and Australia. PetroSun's current oil and gas operations are concentrated in the Ark-La-Tex region with plans to expand into New Mexico, Arizona and Australia in 2007. Algae BioFuels, a wholly owned subsidiary of PetroSun, is…

TuesdayJun 26, 2007 10:51 am

Upstream Biosciences, Inc. (UPBS.OB) has an Experienced Management Team in Place

Upstream Biosciences’ management team has over thirty years of combined experience in the biotech sector. The CEO and Co-founder of the company, Joel Bellenson, previously served as the CEO of a leading bioinformatics company. He is a Stanford graduate, where he studied molecular biology and international relations. Dexster L. Smith, President & Director, was a Co-founder and President of DoubleTwist, in addition to being a Co-founder of DigiScents. He also studied at Stanford University where he received his degree in computer science and industrial engineering. The Chief Financial Officer, Tim Fernback, has many years of financing experience for both private…

TuesdayJun 26, 2007 10:01 am

Recent Funding for Upstream Biosciences Inc. (UPBS.OB) Supports Acquisition Plus Research and Development

Upstream Biosciences Inc. (UPBS.OB) reported earlier this year that the Company had successfully closed the second and final tranche of its previously announced unit financing. As per the terms of the deal, Upstream successfully completed all the required corporate milestones and has now received the remaining $1,000,000 for total proceeds of $2,000,000. On the closing date of the second tranche financing, the Company issued an additional 666,667 shares and 1,333,334 Series A and Series B warrants. The units were issued at $1.50 per unit, with each unit consisting of one common share, 1 Series A share purchase warrant and 1…

TuesdayJun 26, 2007 9:51 am

PetroSun, Inc. (PSUD.PK) Initiates Program to Provide Feedstock to Biodiesel Producers

PetroSun announced that it has begun a program targeting the Biodiesel Industry. The program is designed to provide existing biodiesel producers with algal oil. The initial commercial production is expected to be available for delivery during the first quarter of next year. Let us hear your thoughts below:

TuesdayJun 26, 2007 9:28 am

StockGuru Blog: Harvard Learning Center – Ticket for Full Ride Starts with Test Preparation – HVLN Up as Much as 33% Since Coverage Initiated

Harvard Learning Center: Ticket to Scholarships with Test Preparation Stock Guru Profile Harvard Learning Center SAT and ACT Test Scores are more than a ticket into a good college. They can be a ticket for a full ride! FULL RIDE - New term - it means tuition, room and board, books and in some cases a monthly stipend of $2,000.00 on top of that. Why do you think students turn down Harvard for University of Texas at Dallas or the University of North Carolina or many, many, many other institutions. And the competition all starts with the SAT and ACT…

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