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WednesdayMay 16, 2007 8:52 am

Red Chip Visibility Presents: American Energy Group. Ltd. (AEGG.OB) with “Aggressive Speculative Buy” Rating

RedChip Visibility, a division of RedChip Companies, Inc., reported that it has initiated research on American Energy Group, Ltd. (AEGG.OB). Clay Mahaffey, CFA, RedChip Research Analyst, wrote in the report: "The estimated current fair value is the approximate average of several methods, and the $8.00 price target is in line with the NAV at 20 percent. Although an eight-fold price increase in one to two years seems very speculative, in most cases there are solid reasons this will occur for AEGG. First, the severe current undervaluation is due to several factors: operational delays, legal actions against the Company, very conservative…

WednesdayMay 16, 2007 7:51 am

Red Chip Features: American Energy Group, Ltd. (AEGG.OB)

American Energy Group was founded in 1987, and is currently headquartered in Westport, Connecticut. The company engages in the acquisition and development of oil and gas assets. It has an 18% overriding royalty interest in the Yasin Concession in Pakistan, and a working interest in an oil and gas lease in Galveston County, Texas. RedChip Research Analyst, Clay Mahaffey, CFA, issued an $8.00 price target stating that although the 800% increase seems very speculative, there are several solid reasons that supports the high target. The company is extremely undervalued because of operational delays, legal actions, and a very conservative communications…

WednesdayMay 16, 2007 7:29 am

Solar EnerTech Corp. (SOEN.OB) Shares Advance Up 7.59%, as Company Ships First Order to Africa

With a Chinese "firecracker" sendoff, Solar EnerTech Corp. (SOEN.OB) reports that it has shipped its first container of solar modules produced for the South African market from its facility in Shanghai. The shipment is part of the Fan Qie Trading, Ltd. sales order that the Company announced earlier this year. The container is being shipped to the Port of Capetown for delivery to one of Africa's largest solar system integrators. Fan Qui Trading has advised Solar EnerTech that the integrator brings 13 years of experience at successfully installing solar PV systems in remote rural areas throughout the continent. Solar EnerTech believes…

WednesdayMay 16, 2007 6:58 am

BPTR Sets Sights on 2007 M&A Activity

Shares of BrandPartners Group Inc. (OTCBB: BPTR) rode the good earnings news right up the charts in mid-day trading. The company’s stock was trading up 4 cents (50 percent) to 12 cents per share on volume of 728,404. The company’s first-quarter revenues were $13.9 million, representing a 25 percent increase compared to $11.1 million during the same period last year. Net income for the three months ended March 31, 2007, was $445,000, or 1 cent per share, versus net loss of approximately $1.3 million, or 4 cents per share, during the same period last year. James F. Brooks – CEO…

WednesdayMay 16, 2007 6:27 am

Foldera, Inc. (FDRA.OB) Announces the Addition of Over 800 Business Accounts

Foldera announced that over 800 buinessess and 600 individuals have activated Foldera accounts. The businesses range from all sizes all the way up to hundred people departments within large companies and school districts. The company has already received over 15,000 account requests since opening up its beta release. Richard Luck, Foldera’s CEO and Founder, stated how pleased he is with the number of account requests received. He continued to say that over the past 45 days the company has released an increasing amount of credentials. Foldera plans to release accounts to the remainder of requests in the next 45 days.…

WednesdayMay 16, 2007 6:16 am

Home Run Quarter Just a Taste of 2007 Says IAO

Everybody likes breaking records and landing new contracts, especially if you’re a professional athlete or a public company because that means more recognition and most importantly … more money! That’s the story for IA Global Inc. (Amex: IAO) in the first quarter of 2007. Revenue for the first quarter ended March 31, 2007, jumped an incredible 77 percent to $6.5 million from $3.7 million in the first quarter of 2007. Gross profit ballooned up 155 percent to $5.5 million from $2.2 million in the year ago period. Net loss also declined to $844,000 from $1.4 million in the first quarter…

WednesdayMay 16, 2007 5:51 am

Solar EnerTech Corp. (SOEN.OB) Announces the First Shipment of Solar Modules to Africa

Solar EnerTech is pleased to announce the latest shipment from the Company's facility in Shanghai. The solar modules are being shipped to the Port of Capetown for delivery to one of Africa's largest solar system integrators. The company believes the demand in Africa will grow in 2007 potentially reaching 15 Mw. The recent shipment could assist the company in being an exclusive supplier for this African company. Because of Africa’s strategic location in relation to the sun, it is believed to be one of the best natural locales for solar applications. The continent receives very high direct irradiation and long…

WednesdayMay 16, 2007 5:24 am

HearUSA Inc. To Appear on MN1.com

Stephen J. Hansbrough, President & CEO, of HearUSA Inc. (AMEX: EAR), will be featured live on Market News First (www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for May 18, 2007 at 9:30AM CDT. Hansbrough will focus on the company’s latest quarterly results and its “Just Find Out” campaign featuring Coach Don Shula. He will also touch on HearUSA’s outlook for 2007. About HearUSA HearUSA, Inc. operates hearing care centers in the United States and Canada. It operates in three segments: Company-Owned Centers, Network of Independent Providers, and E-Commerce. The Company-Owned Centers segment offers…

WednesdayMay 16, 2007 5:23 am

Compress Technologies, Inc. (CTLG.PK) Enters Negotiations to Develop the Central American Market Place

Compress Technologies and Verdes Monte Bello announced negotiations to test Compress Technologies’ revolutionary FM-SCA technology. If everything goes as planned, Verdes Monte Bellow will deploy the technology throughout their network of FM stations located in Guatemala, Panama, Nicaragua, Costa Rico, Salvador, Honduras and Belize. The company believes this will be one of several licensing agreements in the future. The revolutionary FM-SCA technology allows multiple digital channels to be transmitted alongside conventional analog signals, allowing up to 50 digital channels broadcast in the unused space left behind by analog stations. Please share your thoughts:Compress Technologies, Inc. Message Board

WednesdayMay 16, 2007 5:05 am

QuoteMedia, Inc. (QMCI.OB) Reports Strong Revenue Growth for the First Quarter of 2007

Revenue increased from $838,266 to $1,160,700 in 2007; a 38% increase. The company’s cash balance increased $241,219 from the previous balance of $1,127,470. QuoteMedia's deferred revenue balance increased 63% from $209,708 to $341,357. Deferred revenue represents payments received in advance from customers that will be recognized as revenue in future quarters when the services are performed. The Company has significantly expanded their data offerings to include international market data, and much more comprehensive research information. Their new international data coverage allows the QuoteMedia to expand into the global market. Because of the large growth, the company has been required to…

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