WednesdayJan 02, 2008 10:15 am

On the Go Technologies (OGOH.OB) Reports Spike in Sales

In a booming and rapidly advancing IT market, On the Go Technologies (OTCBB: OGOH) has positioned itself to become an industry leader through the creation of several divisions that offer solutions in healthcare, entertainment and graphic technologies. The company is a Value Added Reseller (VAR) and has technicians and marketplace experts set in place to install computers and software for multi-industry businesses. The company’s client portfolio includes names such as Citibank, IMAX, Mazda, Universal Studios and more. The company recently reported a 7,000% increase in its sales in the past four years; 2007 sales are posted at $27 million, up…

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WednesdayJan 02, 2008 9:18 am

RedChip Featured Company: Alternative Construction Technologies, Inc. (ACCY.OB) Announces Joint Venture Agreement

Alternative Construction Technologies, Inc. (ACCY.OB) and its subsidiary announced this morning that they have entered into a Joint Venture Agreement with Atlan International Holdings, Inc. (ATLAN) to develop a solar panel. Alternative Construction Technologies formed Solar 18 ACTech Panel to facilitate the new project. The Company also announced that it received a $2 million fee for establishing the right of development of a solar panel using the same technology the ACTech(r) Panel System utilizes. It is anticipated that the Solar 18 ACTech Panel will be delivered in the second or third quarter of this year. Michael W. Hawkins, CEO and…

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WednesdayJan 02, 2008 7:45 am

Aladdin Beverage (ADTJ.PK) Explodes 60% in Two Trading Days

ADTJ.PK is currently in an explosive run and has continued to increase in momentum. This morning over 1.7 million shares traded in a little over an hour. This is significant when comparing to yesterday’s full day’s worth of volume totaling approximately 3 million. The company has stayed committed to its vision of "importing quality beers for a quality market" throughout 2007. The brands imported by Aladdin Beverage include Devassa Tropical Lager, Devassa Tropical Ale, and Devassa Tropical Dark from Brazil; Kross Golden Ale from Chile; Macau from China; and Green Man Best Bitter, Green Man Dark Mild, and Green Man Lager…

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WednesdayJan 02, 2008 7:11 am

VirTra Systems, Inc. (VTSI.OB) Share Prices Increase an Additional 11.11% Wednesday Morning

VTSI.OB shares continued to reach for higher prices after creating a base at $0.008 last week. Monday the price per share increased 8.43% and Tuesday the stock market was closed for New Years Day. The Company has moved forward considerably with its business plan throughout the year of 2007. VirTra Systems recently announced unaudited results for the third quarter ended September 30, 2007. The total revenue reportedly increased 164% from $462,921 for the third quarter of 2006 to over $1.2 million. Major General Perry V. Dalby (USA-Retired), CEO of Virtra Systems, commented, “This quarter's best-ever performance is significant and reflects…

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WednesdayJan 02, 2008 5:24 am

SmallCAPS.us Features “Stock Of The Year” for 2008

SmallCAPS.us announced that they believe the most promising stock for 2008 is AML Communications (AMLJ.OB). The newsletter blames the recent fall from $1.20 on the tax selling season and asserts that the stock is trading at ridiculous prices with the potential to move 50-100% over this new year. In the second quarter of 2007, the company posted higher revenues and returned to profitability. The net sales increased from $2.15 million to $3.20 million within one year. The increase in revenues resulted because of the increased bookings for the Company’s core defense business and a $440,000 contribution from its Mica-Tech subsidiary.…

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WednesdayJan 02, 2008 4:56 am

Nascent Food Service (NCTW.OB) Who Brought the Beer?

In 2005, which was the latest consensus taken, Mexico was shown to have approximately 103 million people living inside its borders. When one considers the magnitude of that many people, sometimes something that seems "every day" and mundane, can become something quite startling that jumps up to grab your imagination. For instance, who feeds all these people? Here in the US, it's an everyday occurrence for people to go to the local Publix, or Shoprite, or Whole Foods, or Pathmark, or WinnDixie and buy their groceries. Do they have such places in Mexico? Interestingly, the answer is no. There are…

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MondayDec 31, 2007 5:50 am

Colombia Goldfields Ltd (CGDF.OB) Closes $10 million Private Placement

Colombia Goldfields Ltd. (CGDF.OB) announced that the company has closed their recently announced private placement agreement. As a result, Colombia has issued 9,165,226 units at a price of Cdn $1.10 per unit, providing the company with a gross profit of Cdn $10,081,749. Each unit will consist of one common CGDF.OB share and one-half share purchase warrant. The net proceeds of this agreement will be used to advance the purchase of the legal mining claims and milling operations on Marmato Mountain, for exploration expenditures, to repay related party debts, and for general corporate expenses. Colombia also stated that these units will…

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MondayDec 31, 2007 5:49 am

Halifax Corporation (AMEX:HX) Awarded State Contract Valued at $5 Million

Halifax Corporation (Amex:HX) announced that that the company has signed a services contract with a state agency in Pennsylvania for the maintenance and installation of office and network telecommunications equipment. The contract, to begin on January 1, 2008, will last for three years and is expected to generate annual revenues of approximately $1 million. Charles McNew, president and chief executive officer, stated, "We are pleased to expand our field service role within the Commonwealth of Pennsylvania. The government marketplace is viewed as an exciting area of expansion for the company.” McNew added, "Our enhanced back office tool sets and our…

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MondayDec 31, 2007 5:47 am

RedChip: Glory and Shame – Companies That Work, Stocks That Don’t

Working in the small-cap markets does not carry the glory and honor associated with Blue Chips, the major leagues of the capital markets. Small-caps are laden with the injured, the weak, and the dying remnants of companies that went public too early with the wrong management, the wrong financing, and the wrong business model. And just as the best and brightest “pros” at Smith Barney, Merrill Lynch, Bear Stearns, and other White Shoe top-tier firms have been fooled and trapped by the pronouncements, the projections, the greed and mismanagement of Ivy League CEO’s, we who live and breathe small-caps witness…

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SundayDec 30, 2007 12:23 pm

Caneum, Inc. (CANM.PK) Provides Year-End Update

Caneum, Inc (CANM.PK), a global provider of business process and information technology outsourcing services, announced that the company has recognized a significant increase in corporate revenue. This revenue can be attributed to the close of new contracts that total $4 million and the additional expansion of existing customer contracts. Caneum's new contracts include a deal with a major Fortune 100 company in the Insurance sector, a deal with a new Fortune 100 company in the Media and Entertainment sector, and further contract expansions with existing customers. Suki Mudan, President of Caneum, stated, "These record new customer acquisitions and expansions in…

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