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

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

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

Strategic Acquisitions Expected to Generate Millions

Florida has the third most convenience stores in the United States; emerging gasoline retailing company, Petroleum Consolidators of America Inc. (Pink Sheets: PCAI), seems to be based in the right place as it executes more store consolidations.David Cohen, president and CEO of Petroleum Consolidators, told Market New First the company is working out the financial details to complete its third and fourth acquisitions. The company intends to complete a series of planned acquisitions in 2007. "With our first two acquisitions behind us, strategic improvements and developments are occurring rapidly," said Cohen. "Part of the business plan is owning real estate.…

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TuesdayJun 12, 2007 4:23 pm

“Lucrative” Foreclosure Market Means Business for Palomar Enterprises (PLMA.OB)

After hitting a two-year high in March 2007, April foreclosures slipped 1 percent, according to RealtyTrac, an online marketplace for foreclosure properties. In its April 2007 U.S. Foreclosure Market Report, RealtyTrac said for the second month in a row, six out of 10 cities with the highest foreclosure rates were located in California."Whether the decrease in April is the beginning of a similar trend this year remains to be seen, but we expect foreclosure activity to at least stay above last year's levels for the remainder of 2007, fueled by a combustible mix of risky loans taken out in the…

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TuesdayJun 12, 2007 4:23 pm

Innova Robotics (INRA.OB) Gives Industry Tools for the Future

Share prices for Innova Robotics & Automation Inc. (OTCBB: INRA) rose today after the company revealed that two of its subsidiaries, Robotic Workspace Technologies (RWT) and CoroWare are "poised to take center stage" at the International Robots & Vision show today in Chicago, Illinois, where it unveils its affordable mobile service robot - the CoroBot - and new robot control software licensing program.According to Lloyd Spencer, CoroWare's president, the CoroBot is one of the company's hottest products and has generated tons of interest among universities, corporations and individuals with an interest in robotics. "We've been blessed with a lot of…

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TuesdayJun 12, 2007 4:23 pm

Countrywide Financial (CFC) Edges Up on Charts

Share prices for the Countrywide Financial Corporation (NYSE: CFC) edged up slightly today after the company reported on its operational results for May 2007.According to the press release, the company's mortgage loan fundings for May totaled an amazing $44 billion - a 15 percent increase in the company's loan fundings for May 2006. In addition, the company's average daily mortgage loan application activity was up 17 percent from May of last year to a total of $3.1 million, and the mortgage loan pipeline was $70 billion in 2007 as opposed to $66 billion in 2006. Plus, the mortgage loan servicing…

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