Blog - Page 5231 of 5506

ThursdayMay 17, 2007 10:46 am

Shares of Reed’s Inc. (REED.OB) Soar Thursday, Up 8.55 Percent at Mid-Day, as 1st Quarter Results are Announced

Reed's, Inc. (REED.OB), reported their financial results for the first quarter ended March 31, 2007. Net Sales increased 52.2% to approximately $3.0 million compared to the same period last year. Gross Profit increased 85.8% to approximately $540,000 while Gross Profit Margin increased 3.2% to 17.9%. Record Sales Growth In Excess of 50% is a Huge Gain for the Company. "We are very pleased with our first quarter results as we achieved record sales growth in excess of 50% over the prior year period validating the strong demand for our product offering within the mainstream marketplace," commented Chris Reed, Founder and Chief Executive Officer.…

ThursdayMay 17, 2007 9:48 am

Oncology Med, Inc. (ONCO.PK) Adds Well Qualified Consultant to its Advisory Board

A former World Health Org consultant is now part of Oncology’s team to advise the company’s business growth, strategic relationships, infrastructure, and technology needs. Oncology plans to be a pioneer in the advancement of caner treatments, and is currently growing through acquisitions. Their subsidiary, Comprehensive Physics and Regulatory Services (CPRS), was one of the first to use the internet for clinical radiation oncology treatment planning. After Medical records are sent over the internet, the company to creates a fully developed treatment plan in less then 24 hours, saving significant resources. Let us hear your thoughts below:

ThursdayMay 17, 2007 8:33 am

CanAm Uranium Corp. (CAUI.OB) – Share Prices Increase 18.33% with over 175,000 Shares Traded Today

CAUI.OB share prices have been steadily increasing since this the opening bell. Investors are really taking notice of CanAm's potential as Uranium prices reach new heights. CanAm has optioned interest in the most important uranium-producing district in the World. The claims are located on the eastern edge of the Athabasca Basin. The future for Uranium is very strong as analysts believe uranium prices will be increasing from the lack of supply to meet demand. Last year, only 65% of the demand was met and it is expected that the percentage of completed orders will be even fewer this year. Let us…

ThursdayMay 17, 2007 8:10 am

Reverse Mergers Can Fast-Forward Profits

A recent column painted reverse mergers with a broad, negative brush. Reverse mortgages offer a compelling way for young companies to come public. They are faster and more cost-effective than traditional, banker-backed IPOs. This Sunday's New York Times had an interesting article by Kurt Eichenwald on the topic of reverse mergers, but I have to take issue with his view. A reverse merger is a way of taking a company public that skirts the Goldman Sachses (GS:NYSE) and Morgan Stanleys (MWD:NYSE) of the world. And, consistent with my articles on PIPEs, Dutch auctions, and SPACs, I am always in favor…

ThursdayMay 17, 2007 7:26 am

Viva World Trade Signs a $1,000,000 Funding Agreement

Viva World Trade, Inc. (Pink Sheets: VVWT) and its Mexican subsidiary Canmex Imports (the "Company", “Viva” or "Canmex”), an importer and distributor of premium alcoholic and non-alcoholic beverages in Mexico, are pleased to announce that the Company has signed a $1,000,000 Funding Agreement. The first tranche of $250,000 of this equity financing has already been completed and the funds have been received by the Company with the balance anticipated to be completed within the next thirty days. The investor is an accredited individual and an original shareholder of the Company. Viva and Canmex are now positioned with sufficient cash and…

ThursdayMay 17, 2007 7:07 am

Reed’s, Inc. (REED.OB) Releases Financials Detailing Great Increases in Net Sales and Gross Profits

Chris Reed, Founder and Chief Executive Officer of Reed’s, stated that the company is very pleased with the first quarter results after breaking a new record in excess of 50%. Net Sales increased 52.2% and Gross Profit reached $540,000, an increase of 85.8%. The Gross Profit Margin also increased greatly from 3.2% to 17.9%. The company’s core growth strategy lays in broadening their brand recognition through additional points of distribution. Their recently announced exclusive distribution agreements with Manhattan Beer Distributors, Columbia Distribution and Great State Beverages will enable them to distribute to the mainstream marketplace and generate additional brand awareness.…

ThursdayMay 17, 2007 7:04 am

QuoteMedia, Inc. (QMCI.OB) Inks Technology Deal With International Private Banking Systems

QuoteMedia, Inc. (QMCI.OB) reported that it has forced a strategic partnership with International Private Banking Systems (IPBS). Under the terms of the agreement, IPBS clients in the Private Banking Sector, will benefit from real-time market pricing for ebanking, etrading and the back office. IPBS has integrated QuoteMedia's proprietary data feeds into its existing wealth management applications, to provide dynamically updating real-time information as a subscription service to IPBS customers. By enhancing the IPBS solutions for ebanking and etrading to use QuoteMedia real-time market pricing to value securities and estimated trade order costs, customers will benefit from the up to date and accurate…

ThursdayMay 17, 2007 6:14 am

QuoteMedia, Inc. (QMCI.OB) to Provide Real Time Market Data to the Private Banking Sector through IPBS

QuoteMedia and International Private Banking Systems (IPBS) announced the beginning of a strategic partnership this morning. IPBS distributes wealth management software to the private banking sector. Now they are including QuoteMedia in their existing applications as a subscription service. Today’s financial world is very fast pace and always changing; IPBS believes that that QuoteMedia’s up to date and accurate information will benefit their customers. Dave Shworan, CEO of QuoteMedia Ltd. complimented his company for offering customers a way to view comprehensive market data and research information all from one location. The company is pleased to work with a proven supplier…

ThursdayMay 17, 2007 5:26 am

Compress Technologies Inc. (CTLG.PK) Begins Sponsorship on QualityStocks.Net

Compress Technologies has agreed to appear in QualityStock’s Newsletters, Videos and Blog. QualityStocks.net is devoted to assist emerging public companies distribute their stories to the investment community. The website currently has over 200,000+ subscribers that receive their daily newsletter. Compress Technologies is focused on developing new technologies for emerging and existing markets. The company has the technology to reduce or even eliminate the need for fiber replacements. The CEO of Compress Technologies stated, “The company has flourished and is emerging as a leader in the Technology Community. Compress Technologies appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and…

ThursdayMay 17, 2007 5:20 am

Beacon Equity Research Rates Palisades Petroleum Corp. (OTC: PAPT) as “Speculative Buy”

Palisades Petroleum Corp. (OTC: PAPT) has been rated “Speculative Buy” with a target price of $0.85 by Beacon Equity Research. The full report is available at http://www.BeaconEquityResearch.com In the report, the analyst writes, “Palisades Petroleum Corporation (PAPT) is a junior oil and gas exploring and production company developing promising oil and gas properties in Montana, North Dakota and South Dakota, Wyoming and Colorado. Its business plan entails financing early-stage and advanced stage projects, then working with joint venture partners to finance and operate the appropriate drill programs. To date, the Company has assembled several promising early-stage oil and gas properties…

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