TuesdayJul 10, 2007 6:49 pm

ESPRE Solutions (ESPRE.PK) Looking to Become Internet Standard for Internet Video

Video over the Internet is becoming the way of the future as several different companies are allowing consumers and individuals to make and post their own videos on the Internet through YouTube and Cisco's TelePresence.ESPRE Solutions (Pink Sheets: EPRT) provides groundbreaking media collaboration solutions, fulfilling the promise of broadcast-quality real-time video over the Internet. Even at the lowest broadband speeds, ESPRE is able to fulfill viewer and consumer requests to have access to real time video. ESPRE Solutions intends to be the video application provider of choice for Internet Service Providers, Fortune 1000 corporations, and institutions worldwide. The company plans…

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TuesdayJul 10, 2007 6:49 pm

Stamford Industrial Group Inc (NETP.PK)Changes Name & Expects $100M in Revenues for 2007

Stamford Industrial Group Inc. (Pink Sheets: NETP) recently changed its name from Net Perceptions Inc. to Stamford Industrial Group Inc. The name change was approved at the company's 2007 Annual Meeting of Stockholders held on June 21, 2007."We thank our stockholders for their support in helping us change our name to one that better reflects our intended business purpose and strategy. We believe that our new name will further strengthen our brand and identity to the marketplace," commented Al Weggeman - CEO of NETP - in a statement. The company also announced that its wholly-owned subsidiary, SIG Acquisition Corp. Inc.,…

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TuesdayJul 10, 2007 6:49 pm

Ocean Bio-Chem (OBCI.OB) Shares Soar 89 Percent on Word of Q2 Sales

Shares of Ocean Bio-Chem Inc. (OTCBB: OBCI) soared as high as 89 percent in early morning trading, hovering around $3.10, up $1.37 or 80 percent by mid-afternoon. This morning the company announced its second-quarter sales for 2007 were up 32 percent.The company reported its second-quarter sales at $5.7 million, up $1.4 million, or 32 percent, from $4.3 million the same period of 2006. For the six months ended June 30, 2007, net sales increased $1.4 million, or 12 percent, to $9.7 million - up from $8.7 million for the same period last year. Ocean Bio-Chem manufactures and markets a full…

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TuesdayJul 10, 2007 6:49 pm

SKRM Interactive (SKMI.OB) Acquires Sector 10

SKRM Interactive Inc. (OTCBB: SKMI) made ripples on the Bulletin Board last week after it announced a "No Reverse Split" in its acquisition with Sector 10 Services USA Inc., - a move that may take the company from making ripples to making waves.According to SKRM's July 5 statement, Sector 10 provides pre-deployed emergency life response and escape equipment for high-rise buildings and other urban emergencies in "the post 9/11 world." Although the Sector 10 Web site is currently down - the only information on the site is a graphic, the words "new site coming Summer 2007," and an e-mail address…

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TuesdayJul 10, 2007 6:49 pm

American Resources (ARRM.PK) Taking Part in Energy Conservation

Estimating by future growth rates, China is poised to become the leading energy consumer in the world, but right now the U.S. is one of the most abundant users of energy, and Americans are striving to reduce the amount of energy consumed. Many companies across the country are trying to reduce the amount of energy by enhancing energy facilities and industrial regions more efficiently.American Resource Management Inc.'s (Pink Sheets: ARRM) wholly-owned subsidiary Efficient Technologies Inc. is taking part in the solution efforts to reduce the amount of energy consumed by businesses across the country. Efficient Technologies is maximizing chiller efficiency…

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TuesdayJul 10, 2007 6:49 pm

ICBS Limited (ICBS.PK) Discusses Future, Business, Beer

It looks like mergers and acquisitions specialist ICBS Limited (Pink Sheets: ICBM) is planning to move off the pink sheets sometime soon. In a recent interview, ICBS CEO Garth McIntosh told MN1's Andrew Coffey that the company is taking the steps it needs to move up the financial food chain."Our intent is to move to the OTCBB within the next couple of months, as soon as we've sent in our audits," McIntosh said during the interview. "We're in the middle of the 2005-2006 audits." If the company does make the move to the Bulletin Board, it would be a big…

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TuesdayJul 10, 2007 6:49 pm

Early Movers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released news late yesterday evening or early this morning:Shares of Upstream Biosciences (OTCBB: UPBS) were up 15 cents, or 23 percent, to 81 cents this morning, moving on volume of 382,277. Today the company announced its agreement with Genpathway Inc. to advance its Biomarker validation studies. In the press release, the company said the analysis is expected to provide…

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TuesdayJul 10, 2007 6:49 pm

Med Gen (MGEN.OB) Reports Record Revenue

Healthcare solution entrepreneur Med Gen Inc. (OTCBB: MGEN) lit up investor interest when it announced that its June 2007 revenue nearly broke the record for the company.According to Med Gen's most recent statement, the company reported an-unaudited revenue of $316,566 for the month of June 2007, a whopping increase of 4,726 percent over the recorded revenue of 2006. In addition, the company's total nine-month unaudited revenue was reported at $1,414,403, a 731 percent increase over the same period last year. Operating profits from what the company calls "combined operations" hovered around $150,000. This is excellent news for Med Gen. The…

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TuesdayJul 10, 2007 6:49 pm

An MN1 Exclusive: Duncan Niederauer talks about Becoming Co-CEO of NYSE, as Well as Some Common Misconceptions about the Company

What instantly comes to mind when you hear those four letters ... NYSE? Do you instantly imagine the hectic grind that is that "floor" in New York? People yelling and screaming at the top of their lungs? Actually, that is only a small percentage of the New York Stock Exchange (NYSE) and the most common misconception about the company.Duncan Niederauer, brand new president and Co-CEO of NYSE, explained to Market News First (MN1) host Steve Kanaval that he believes sometimes the market doesn't understand what the exchange really does. "There really is no other animal like us," the CEO explained.…

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TuesdayJul 10, 2007 6:49 pm

Record Sales Set for Execute Sports (EXCS.OB)

After taking the company public in 2005, Geno Apicella, CEO of Execute Sports (OTCBB: EXCS), has seen a consistent increase in company revenue. However, the second quarter of 2007 has become the largest second quarter in the history of the company, exceeding the same quarter in 2006 by a whopping 77 percent.Sales exceeded $800,000 during the second quarter, and sales from the first two quarters of 2007 have reached $1.36 million, an increase of more than 55 percent over the same period in 2006. < In a press release, Apicella said all the company's numbers are up from a year…

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