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ThursdayMay 31, 2007 4:04 pm

Global Beverage (GBVS.OB) Reaches Distribution Agreement for Rudy

It's doubtful that as the Notre Dame football team of 1975 hoisted Daniel "Rudy" Reuttiger on their shoulders, the oil refinery worker turned Fighting Irish icon imagined that he would one day motivate people of all ages around the world. It's even more doubtful he envisioned he would be the spokesperson for a line of beverages to address rising obesity and diabetes issues.But that's just what he did. The Rudy Line of Beverages consists of five sports drinks low in sugar and elevated nutritional value compared to other sports drinks on the market. Rudy Partners Ltd. today announced it signed…

ThursdayMay 31, 2007 4:04 pm

Quantum (QTWW) Stocks Rise after News of Contract

Stocks for Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) jumped 22 percent today after the company announced it had been awarded a contract by Force Protection Inc. (Nasdaq: FRPT), manufacturer and developer of Mine-Resistant Ambush Protected (MRAP) vehicles for the military.According to the press release, Quantum will provide Force Protection with engineering design and production support on the latter's vehicles, including prototype vehicle builds and manufacturing process development. As a fully integrated alternative energy company and a leader in power-train engineering, system integration, and fuel system manufacturing, Quantum is well-suited for dealing with the project. "We are pleased to…

ThursdayMay 31, 2007 4:04 pm

AIMS (AWMM.OB) Goes on Acquisition Spree

Up-and-coming marketing firm AIMS Worldwide (OTCBB: AMWW) has been on an acquisition spree lately, gobbling up other companies in an effort to expand its operations beyond its original borders.In a recent interview with Market News First, AIMS President and CEO Gerald Garcia Jr. revealed the company's latest acquisitions and the strategy behind them. "We have been in an acquisition mode and client development mode," Garcia said. "We have added a couple of significant emerging clients to our book of business." Included among the company's acquisitions are southwestern U.S.-based restaurant Times Grill, a chain famous for its grilled burgers; BestLine International…

ThursdayMay 31, 2007 4:04 pm

RAE Systems Inc (AMEX:RAE) Products Enhance Industrial Worker Safety

RAE Systems Inc. (AMEX: RAE) today announced it will exhibit its leading gas detection and industrial hygiene monitoring solutions at the American Industrial Hygienists Conference and Exposition (AIHce) Monday. In addition, RAE will introduce two next-generation, photoionization (PID) based instruments to attendees.Founded in 1991, RAE focuses on global expansion through multiple markets, increasing infrastructure in China and pursuing acquisitions and strategic relationships. RAE is a global provider of sensor networks that can be quickly deployed for homeland security and industrial use. The sensors alert customers to safety and security threats in real time. RAE products are used in over 65…

ThursdayMay 31, 2007 4:04 pm

Penge (PNGC.OB) Reduces Debt, Moves Up to OTCBB

It's good to see companies in our space taking the route of being a fully reporting and filing company, moving off the Pink Sheets and listing on the OTCBB. Penge Corp. (OTCBB: PNGC) has had a busy year so far, taking the necessary steps to make this happen.The company recently announced that it received approval from the National Association of Securities Dealers (NASD) to step up from the Pink Sheet quotation service onto the OTC Bulletin Board effective May 16, 2007. Penge will file its quarterly reports on Form 10-QSB and annual reports on Form 10-KSB, containing financial reports and…

ThursdayMay 31, 2007 4:04 pm

Spectre Gaming (SGMG.OB) Outlines Immediate Future

Electronic gaming machine company Spectre Gaming Inc. (OTCBB: SGMG) recently told Market News First about its plans for the company's immediate future, including its legal difficulties in Florida and its eventual expansion to Mexico.According to Spectre Gaming CEO, President and Director Brad Olah, the biggest obstacle facing the company right now is getting its products approved in more conservative, anti-gambling counties who mistake the company's skill-based games for games of random chance. "We've really been refocused on reopening Florida," Olah said. "The regulatory and business environment we're in is very unstructured. The market we're in - the for-prize profit market…

ThursdayMay 31, 2007 4:04 pm

Astrata Group (ATTG.OB) Discusses $93 Million Contract, 2007 Financials

Astrata Group Inc. (OTCBB: ATTG), provider of information technology products and services, today discussed the recent announcement of a classified $93 million contract in Singapore, expected to generate roughly $20 million in cash as well as fiscal 2007 financials.The deal was made through its wholly owned subsidiary Astrata Singapore Pte Ltd. to manufacture, ship, and service millions of dollars in telematics products over a two-year period. Astrata has completed contracts with the Singapore Police Force, homeland security contracts with the Singapore Civil Defense Force, and other contracts with private corporations bringing a backlog in orders to $117 million. The company…

ThursdayMay 31, 2007 4:04 pm

Early Gainers with Big News

Every public company loves when they put out good news and see the reflection in its stock price. The following four companies released positive news either this morning or late yesterday afternoon, and have seen their stock prices soar so far today.Shares of Hidalgo Mining International (Pink Sheets: HMIT) were up 60 percent, or 12 cents, this morning to 32 cents. The company announced yesterday afternoon is had received a formal offer from international mining company Consolidated Mining and Mineral (CMM) to purchase all the outstanding and issued stock of Hidalgo Mining for an aggregate price of $2.15 per share.…

ThursdayMay 31, 2007 2:40 pm

Building Better Boards

It's common knowledge that the board of directors is the backbone and foundation of just about every business. An effective board of directors is an absolute necessity for larger corporations: they help keep management focused and insure that shareholders are protected. But many small companies should also look to create a board of directors, even if they don't think they need one. The building of an effective board requires management to think strategically and long term if it wants to eventually build a board of directors that is committed, effective and passionate about its mission. The first step in the…

ThursdayMay 31, 2007 1:18 pm

Morning News Thursday May 31st 2007

General News: - US Senators Durbin and Grassley are looking into possible abuse of the temporary workers program by Infosys and Wipro, which could lead to trade tensions. - India may open up its liquor market for distribution. - Financial Times ran a story reporting that the US Senate will introduce a bill that would allow the Treasury to intervene in the Forex markets to correct any misalignments. - Wall Street Journal says that the demand for summer hiring is strong. - Mutual Fund inflow numbers: International funds received $16.6 billion of the $18.3 billion invested in mutual funds. There…

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Global Beverage (GBVS.OB) Reaches Distribution Agreement for Rudy

Quantum (QTWW) Stocks Rise after News of Contract

AIMS (AWMM.OB) Goes on Acquisition Spree

RAE Systems Inc (AMEX:RAE) Products Enhance Industrial Worker Safety

Penge (PNGC.OB) Reduces Debt, Moves Up to OTCBB

Spectre Gaming (SGMG.OB) Outlines Immediate Future

Astrata Group (ATTG.OB) Discusses $93 Million Contract, 2007 Financials

Early Gainers with Big News

Building Better Boards

Morning News Thursday May 31st 2007

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