WednesdayJun 13, 2007 5:24 am

HMGP Loads Up for 2007 with Kansas Reserves

Hemi Energy Group, Inc. (Pink Sheets: HMGP) recently announced that it has acquired several leases, that when expertly produced, will be its most valuable leases with reserves of all its Kansas lease holdings. This lease acreage has five pay zones, and two of the geological formations have exceptional to prolific potential production. These leases have at least five exploratory wells drilled and need HMGP's expertise to reach their true revenue potential. The company is employing a unique business model and capitalizing on technological advances to exploit mature fields with millions of barrels of proven oil remaining in the ground. HMGP…

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WednesdayJun 13, 2007 4:51 am

Simtrol, Inc. (SMRL.OB) Updates Investors on Its Mid-Year Progress and Current Market Strategy

This morning, Simtrol announced that a letter to shareholders has been sent to the company’s investors and published on their website. The letter summarizes recent company events and includes an outlook on the market. Simtrol President and Chief Executive Officer, Rick Egan, stated, “We feel strongly about making our shareholders aware of our progress during the first half of 2007. We have a solid foundation of industry partners, senior executives, and capital as well as an exciting product roadmap to bring value to our shareholders.” The letter outlines Simtrol’s primary focus on the rapidly expanding Healthcare and Government markets and estimates…

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WednesdayJun 13, 2007 4:22 am

PetroSun, Inc. (PSUD.PK) Subsidiary is Committed to Becoming a Global Leader in its Market Sector

Algae BioFuels, a wholly owned subsidiary of PetroSun, realizes that the global environment is changing, and is committed to leading the competition in the development and deployment of renewable energy resources. Microalgae is a different type of oil crop which holds great promise for the future. Plants such as soybeans and sunflowers produce oil, but they require intensive management and may not be able to sustain in the long term due to rising development and production costs. Microalgae has been proven to be capable of producing over 30 times more oil per acre then corn and soybean crops. There is great…

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TuesdayJun 12, 2007 5:30 pm

Shares of Global Resource Corp. (GBRC.PK) were Up Sharply Today, 7.69% on Solid Volume; as the Company Aggressively Targets the Recycling Industry

The shares of Global Resource Corp. (GBRC.PK) were up sharply today, 7.69% on solid volume; as the Company aggressively targets the Recycling Industry. "Imagine running a major industrial process like recycling with negligible fuel costs and zero emissions," says Kevin Gershowitz, Executive Vice President of Gershow Recycling. He made that comment upon Gershow's decision to purchase the revolutionary HAWK10 scrap auto parts recycling machine from GBRC. Headline: Auto Parts Become Fuel of the Future in World's First Emission-Free Recycling Machine   Gershow Recycling, one of the world's largest recyclers, is the first to purchase and implement the HAWK 10, which…

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TuesdayJun 12, 2007 4:23 pm

GeneThera Inc (GTHA.OB) Jumps Up on Hypertension Contract News

Shares of GeneThera Inc. (OTCBB: GTHA) jumped up 29 percent in early trading today, gaining 1 cent to 4 cents per share on volume of 918,448.The company announced that it has received a contract from the Intramural Research Program, National Institute on Aging, and National Institutes of Health (NIH) to genetically engineer monoclonal antibodies and make them "clinically usable." The antibodies are expected to be used for treatment of hypertension. "We are very delighted at the opportunity to work with the NIH; the largest research organization in the world. I believe this is a great opportunity for GeneThera Inc.," stated…

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TuesdayJun 12, 2007 4:23 pm

Early Gainers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released news late yesterday evening or early this morning:PacketPort.com Inc. (Pink Sheets: PKPTE) shares rose 2 cents, or 100 percent, to 5 cents on volume of 38,500 this morning as the company announced its intentions to trade on the OTC Bulletin Board. Today, social network enabler YFonGlobal LLC announced it reached an agreement to reverse merge with PacketPort. The…

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TuesdayJun 12, 2007 4:23 pm

Global Development Resources (GDVRF.PK) Targets Baby Boomers

Global Development Resources Inc. (Pink Sheets: GDVRF) is a real estate finance company targeting the Baby Boomer generation for its lending services, viewing those consumers as the ones who are the most likely to know what they want, and not only pay for what they want, but also be able to pay what it takes to get it."This is the largest generation of consumers in history. [Between 1946 and 1964], nearly 76 million children were born in the U.S. This is an astonishing statistic when one recognizes that the entire U.S. population in 1945 totaled just less than 140 million,"…

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TuesdayJun 12, 2007 4:23 pm

Towerstream (TWER) Closes $40M Offering

Towerstream Corp. (Nasdaq: TWER), one of the first companies to utilize WiMAX technology announced today it has closed on the sale of $40 million of its stock at a 32 percent discount to the June 5, 2007, closing price of $5.87.Ten million Towerstream shares were sold below-market value at $4 per share - the company said it intends to use the proceeds to increase operations in larger markets. "The proceeds from this offering will provide us with the capital to build out our target markets and solidify our position as a WiMAX leader," the company said in a statement. Towerstream,…

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TuesdayJun 12, 2007 4:23 pm

Electronic Kourseware International (EKII.PK) Expecting 2007 Sales to Double after Strong Start

Electronic Kourseware International (Pink Sheets: EKII) recently announced that it has received a surge in contract awards booking over $150,000 in new contract awards and is experiencing an astounding 30 to 40 percent bid-acceptance rate."Judging from the number of contract awards we are receiving, and the rate at which we are receiving them, we confidently expect a doubling of sales from last year's bidding season. The company, through its main operating unit, Sciencelabs.com, has been making tremendous strides in the multi-billion dollar education market," commented Phillip Greer - CEO of EKII - in a press release. "In fact, our most…

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TuesdayJun 12, 2007 4:23 pm

Moller International (MLER.OB) Tests Ethanol-Water as Fuel for Flying Vehicle

Share prices for famous "Skycar" developer Moller International (OTCBB: MLER) rose slightly today after the company announced it had tested a new ethanol-water mix as a possible fuel for its most famous invention, the Volantor, a rotary-engine flying vehicle the company hopes will one day revolutionize the automotive industry.According to the company's chairman and founder, Paul Moller, Moller International has tested its brainchild with the new 70 percent ethanol/30 percent water mix and found it the perfect fuel for the machine - especially since it won't burn, making it a perfect substance for an aircraft. "Water and alcohol have a…

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