FridayJun 08, 2007 12:02 pm

Bootie Beer Changes Ticker Symbol to TMTP

Shares of TMT Capital Corporation (OTCBB: TMTP) were up 17 cents (31 percent) to 72 cents per share today on volume of 6,250. The company announced today that its common stock will commence trading on June 8, 2007, under the new trading symbol TMTP.The new name and symbol change reflect the new company strategy to acquire majority owned interests in emerging, private companies that target multi-billion dollar industries and have a unique point of difference. The company's latest unaudited financial statements for the three months ended March 31, 2007, reflect negative cash flows from operations of ($151,298) and a net…

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FridayJun 08, 2007 12:02 pm

Terax Energy Jumps 88 Percent on News of Acquisition

Share prices for independent oil exploration company Terax Energy (OTCBB: TEXG) exploded today after the company announced it was being acquired by Beverly Hills-based oil and gas exploitation company Westar Oil, rising more than 80 percent immediately after market open.According to a recent press release, Westar Oil recently acquired the senior debt position held by third party creditors in the amount of $3 million and intends to convert that debt into stock of Terax energy at a value of $6.75 a share. The release also said that Westar intends to enter into a share exchange agreement with Terax in which…

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FridayJun 08, 2007 12:02 pm

When it’s OK to Wear Your Sunglasses Indoors

There may be only one excuse for wearing your sunglasses inside - and even that's iffy. Energy Telecom provides that excuse with its communication eyewear, delivering sound from cell phones, iPods, MP3 players or hand-held devices. The company has a portfolio of patents, catering to consumers looking for an excuse to sport their shades indoors, or who simply want to take their entertainment with them.The company's technology addresses the need for clear communication, eliminating noise in industrial environments, personal use and even sports or other recreation. The eyewear is equipped with a microphone, speaker, antenna and an inside-the-ear information system.…

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FridayJun 08, 2007 12:02 pm

Top Closers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.MCF Corporation (AMEX: MEM) shares were up 35 cents, or 8 percent, to $4.85, on volume of 100,300 at the market's close today. Shares climbed steadily throughout the day after the company announced the "Inside Wall Street" column in "Business Week" featured MCF and their strategy to focus on the microcaps. MCF has shown steady sales gains over the past…

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FridayJun 08, 2007 12:02 pm

Celsius Holdings Inc (CSUH.OB) up 27 Percent Thanks to Star Power

Stock for beverage-manufacturing company Celsius Holdings Inc. (OTCBB: CSUH) rose 27 percent today after the company announced that its new energy drink, Celsius, was seen "mingling" with the stars on NBC's celebrity exploitation program, EXTRA!.Granted, the press release was a little unclear about the nature of the "mingling." When read, it implied that Celsius was seen alongside Hollywood legends like "Oprah, Katie Cruise, the crew from Oceans 13, Princess Diana, [and] Paris Hilton." However, according to Erin Heit, the marketing vice president of Celsius, the company's official statement was that "Celsius was on the same episode of EXTRA! as the…

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FridayJun 08, 2007 12:02 pm

Knobias (KNBS.OB) Completes Restructuring

Now that the restructuring of financial information services company Knobias (OTCBB: KNBS) has been completed, many people are wondering what the restructuring will mean to the company. When the company's principal creditors - chief among them CAMOFI, otherwise known as Centrecourt Asset Management - announced that it would begin examining the ailing company about how best to restructure it, there was much concern about what would happen to Knobias.According to Smithline founder and influential micro-cap pioneer Robert Smithline, who had time for a brief interview with Market News First, CAMOFI plans on "injecting new capital, new management, a new board…

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FridayJun 08, 2007 12:02 pm

BioAmerica (BMRA.OB) Develops Non-Invasive Colorectal Cancer Detection Test

Colorectal cancer is the third most common form of cancer and the second-leading cause of cancer death in the United States - though if detected at an early stage, is 95 percent curable. The subject is a little touchy and invasive (no pun intended), but one company has developed a non-invasive, patented, early detection test.BioAmerica Inc. (OTCBB: BMRA) is a medical instrument supplier, developing and manufacturing medical diagnostic products designed for early detection of chronic diseases and medical conditions. The company's fecal occult blood test is the first FDA approved test with no diet restrictions or "stool handling," and is…

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FridayJun 08, 2007 12:02 pm

Early Gainers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following four companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.Shares of Terax Energy Inc. (OTCBB: TEXG) were up $1.01, or 68 percent, to $2.50 on volume of 675,920 Friday morning after the company announced Westar Oil Inc. will acquire Terax Energy with a share exchange agreement. Westar shares are valued at $24.50 per share, Terax shares are valued at $6.75 per share. The exchange will be effective June 21,…

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FridayJun 08, 2007 11:31 am

CanAm Uranium Corp. (CAUI.OB) Completes Drilling Nine Holes on the Amalgamated Rare Earth No. 2 Project

CanAm is pleased to announce the completion of nine drill holes on the project in Bancroft, Ontario by Operator El Nino Ventures Inc. The Operator will be expediting the results by rushing the status on core samples. The summery of the findings will be published when they arrive in the next two weeks. The company is currently working on compiling data on the optioned Bancroft Ontario projects. Bancroft was well known for its uranium, producing over 4,862,000 lbs between 1956 and 1982. CanAm and El Nino are actively working to relive the historical results. The CEO of CanAm Uranium, Ryan…

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FridayJun 08, 2007 11:11 am

ALL Fuels & Energy Company (AFSE.PK) to Build Ethanol Plant in Manchester Iowa

ALL Fuels & Energy Company (AFSE.PK) is in the development stage of building a state of the art 100 million gallon ethanol plant, on 154 acres in Manchester Iowa. The build out, using the same plant design team as used at Ace Ethanol, is anticipated to occur over the next 15-20 months. AFSE has been making solid progress towards its construction goal at Manchester. To date, the Company has engaged Delta- T Corporation to provide Project Engineering Services and Delta- T's engineers are currently working with Kraus-Anderson Construction, the intended plant general contractor. Significant progress towards completing the necessary preliminary…

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