Blog - Page 5207 of 5600

TuesdayJul 10, 2007 1:22 pm

Morning News Tuesday July 10th 2007

General News: - The Standard & Poors may cut their rating on $12 billion or 612 classes of sub-prime bonds. - ICSC (International Council of Shopping Centers) says that consumer traffic and confidence improved. June sales are expected to rise 1.5% to 2.0%. - US is sending a third aircraft carrier to the Persian Gulf. - The euro hit an all-time high against the U.S. dollar, topping the $1.37 mark as U.S. retailers and homebuilders lowered their growth forecasts. Asia/Europe: Asia: - China’s exports rose 27.1% year over year. Imports rose 14.2% with a trade surplus of $26.9…

TuesdayJul 10, 2007 1:13 pm

NETP 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.…

TuesdayJul 10, 2007 12:34 pm

RedChip Upgrades Osteologix, Inc. (OLGX.OB) Rating from “Speculative Buy” to “Buy”

Osteologix has recently made strong moves and passed major milestones which have been primary motivators for RedChip’s upgraded rating. In the past week, the company announced that it raised approximately $5 million in private placement financing. The CEO commented, “Management believes that the funds received from this financing will enable us to continue operations into the second half of next year, beyond our next critical developmental milestone, which is the release of data results from our Phase II study in the treatment of osteoporosis." The company has also completed its enrollment in the “Strong Study”, completed its phase II clinical…

TuesdayJul 10, 2007 11:23 am

Expo Holdings Expects Strong Growth In 2007

Expo Holdings Inc. (Pink Sheets: EXPH) announced yesterday that its solely owned subsidiary, D & D Displays Inc., has completed its first group of orders for IQ America. Expo Holdings was founded in 2006 with the specific purpose of acquiring and operating companies that sell to or distribute products for the retail industry. Expo Holdings is one of the Pink Sheet companies that actually generate revenue and growth year over year. Last year Expo Holdings brought in roughly $5 million in revenue and in the first quarter of the 2007 fiscal year they generated $1.6 million in revenue, which equated…

TuesdayJul 10, 2007 11:18 am

Jesup & Lamont Publish Alternative Energy Generation Report

Investment Thesis Rapid economic growth in developing countries has placed pressure on the global energy infrastructure. Although oil and coal demand continues to build, global concerns about climate change and energy independence/security have offered alternative forms of energy production a chance to compete. Alternative forms of energy present competition with traditional fossil fuels through grid pricing. Currently, most of these alternative techniques result in premium pricing vs. the grid and require some form of financial support to attract investment. As we discuss throughout this report, new technologies and efficiency developments are beginning to narrow the gap between alternatives and fossil-fuels.…

TuesdayJul 10, 2007 8:40 am

ShotPak, Inc. (SHTP.PK) Receives Order From Sam’s Club Mexico

ShotPak announces an order for their Premium Vodka flavored shots from Sam's Club MX. ShotPak received the order from 30 Sam's Club stores, in Mexico, through their distributor Promocion Y Avance S.A. DE C.V. The order will include ShotPak's four vodka based flavors including Sour Apple, Purple Hooter, Lemon Drop, and Kamikaze to be sold in single flavor six packs. ShotPak expects to fulfill the purchase order by September. Sam's Club is one of the nations largest membership warehouse clubs with more than 47 million members. The first Sam's Club opened its doors in Midwest City, Oklahoma in 1983, today…

TuesdayJul 10, 2007 8:38 am

ShotPak, Inc. (SHTP.PK) Orders NOBO List to Determine Actual Shares Outstanding

ShotPak, a developer of innovative packaging and designs for the alcohol beverage industry, has ordered and is reviewing a current NOBO list from ADP Investor Communications. Shotpak has also ordered DTC reports for further assessment. Both lists will be utilized to reveal possible short positions. "Maintaining our shareholders' rights and enhancing shareholder value are our main goals. We believe that a NOBO list may provide a clue to the recent peculiarities in Shotpak's stock price movements," stated CEO Ignus Hattingh. The NOBO listing, which stands for Non Objecting Beneficial Owners, allows the company to identity a portion of its beneficial…

TuesdayJul 10, 2007 7:08 am

TXHG Chairman Bucks Up with $600,000 Loan

Shares of TX Holdings Inc. (OTCBB: TXHG) closed up 1 cent (1 percent) at 90 cents per share today on volume of 22,297. The company recently announced that its Chairman made a $600,000 loan to TXHG. The company’s Chairman, Mark Neuhaus, reported last week that he made a $600,000 loan to TXHG in a combination of cash and stock. The loan was made to pay for lease acquisitions and development costs associated with some of the existing and recently acquired properties. “This was done to help the company meet current obligations associated with developing its latest investments,” says Neuhaus in…

TuesdayJul 10, 2007 6:33 am

Wall Street News Highlights Ultitek Ltd. (UITK.OB) as the Company Prepares to Enter the Airline Distribution Marketplace

Ultitek has been a provider of computerized Airline Reservation Systems software since 1989. The company has grown significantly since then and has serviced over 9 million passengers on 60 different airlines. The company announced earlier this week that it will not sublicense its Distribution System and will instead enter the Airline Distribution business directly. The CEO stated, “The Airline Distribution marketplace is too lucrative to pass up. The time is right for Ultitek to exploit our technical expertise and increase our revenues and profits.” On May 30th, the company announced that it increased revenues 29% for the first quarter. The…

TuesdayJul 10, 2007 6:09 am

VIASPACE, Inc. (VSPC.OB) Adds the University of Connecticut to Its Growing List of Customers

VIASPACE announced this morning that it has increased its sales base by expanding into the University market after the University of Connecticut ordered its humidity sensor. The University is engaged in fuel cell R&D which is funded by federal, state and local governments in addition to major corporations. The VIASENSOR HS-1000 humidity instrument provides real-time measurements of the amount of water vapor in gas streams. The sensor is extremely important as the performance of hydrogen fuel cells using a Polymer Electrolyte Membrane (PEM) depend on the moisture level. The CEO of VIASPACE, Carl Kukkonen stated, “We are delighted to add…

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