FridayMay 18, 2007 6:01 am

HealthSport Closes $6 Million Fixed Price Private Placement

HealthSport, Inc. (OTCBB: HSPO), a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs, announced today it has closed a private placement of its shares of common stock in which the Company received total net proceeds of $6 million. Under the terms of the placement, HealthSport sold approximately 4 million shares of common stock at a fixed price of $1.50. The shares underlying the placement carry registration rights calling for the filing of an SB-2 on or before June 1, 2008. Investors in the financing include former…

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FridayMay 18, 2007 5:12 am

Reed’s, Inc. (REED.OB) Has Been Growing Rapidly Since Inception

Reed’s is currently headquartered in Los Angeles, California. They develop, manufacture, market, and sell natural non-alcoholic New Age beverages, as well as candies and ice creams. Most of their products are sold through an infrastructure of natural, gourmet, and independent distributors; although supermarket chains, retail stores, and restaurants also are apart of their distribution network. The company began in 1987, and in only two years Nascent introduced its Original Ginger Brew to eleven stores. During those initial years they grew exponentially and needed a larger building, so in 1990 they moved to Boulder, Colorado. Their main focus is on the…

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FridayMay 18, 2007 4:23 am

Nascent Food Service, Inc. (NCTW.OB) is Well on it’s Way to Becoming the Largest Food Distributor in Mexico

Nascent’s primary goal is to become Mexio's Largest Food Distributor. In order to meet this goal, they are actively acquiring many of the 25,000 small distributors. The company has already retained exclusive rights to distribute products such as Miller Beer, and is currently one of largest distributors in the Baja California region of Mexico. In their latest acquisition, they acquired Pasani, S.A De C.V., making Nascent the first nationwide distributor of imported foods in Mexico. Sandro Piancone, CEO of Nascent, stated, "This is a major milestone in our company's business plan.” With the new acquisition, Nascent now has the ability to…

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ThursdayMay 17, 2007 5:46 pm

Shares of Oncology Med, Inc. (OTC: ONCO) Added 2.00 Percent Today, as Company Names Advisory Board Member

Oncology Med, Inc. (Other OTC: ONCO.PK) reported the addition of Mitchell Jarosz, M.S., DABR to the Oncology Med Advisory Board. Dr. William J. Walker, chairman of Oncology Med, Inc., stated, "Mitchell Jarosz is a welcome addition to our advisory board and he will bring a practical and clinical analysis to our discussions of our expansion of services in addition to our quality control and assessment of our existing services." Oncology Med is a public company engaged in the fulfillment of services related to the treatment of various cancers. It currently provides analysis and design of radiation treatment plans in order for…

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ThursdayMay 17, 2007 5:14 pm

Shares of Compress Technologies Inc. (OTC: CTLG) Advanced Today – Up 19.57 Percent, as Company Moves to Increase Visibility

Mr. John Medico, CEO of Compress Technologies Inc., (OTC: CTLG) has the company focused on providing new development technologies for both emerging, as well as existing markets. Compress Technologies can reduce or eliminate the need for many costly fiber replacements, allowing the cable operators to re-direct those funds to effectively compete in the United States. Compress Technologies is helping stimulate the global economy with new jobs, foreign investment and related services to the global marketplace. Compress Technologies, Inc. (CTLG) is a Nevada-based technology company with regional offices in the Tampa, Florida area and Engineering laboratories in Miami, Florida. CTLG has…

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ThursdayMay 17, 2007 3:16 pm

CanAm Uranium Corp. (CAUI.OB) Closes Up 18.33% Thursday, as the Company Continues its 2007 Drilling Program

The shares of CanAm Uranium Corp. (CAUI.OB) closed up 18.33% Thursday, as the Company continues its 2007 Drilling Program. CanAm Uranium Corp. is a Nevada incorporated junior resource company with a corporate objective focused on the strategic acquisition and development of exploration properties in well-known prolific mining areas, especially known for Uranium, of Canada, Southern Africa, Australia and the United States. CanAm Uranium Corp has optioned over 136,825 acres of claims collectively within the Saskatchewan Athabasca Basin, Ontario and British Columbia, with significant interest in prolific Uranium mining areas. http://www.CanAmUranium.com Let us hear your thoughts below:

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ThursdayMay 17, 2007 1:43 pm

A Pioneer in Internet Broadcasting, Modavox, Inc. (MDVX.OB) is Teaming Up with the BlackAthlete Sports Network

Modavox, Inc. (MDVX.OB) (www.modavox.com) is a pioneering Company in internet broadcasting, producing and syndicating online audio and video, offering innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising. MDVX recently reported that is the exclusive Internet broadcasting provider for upcoming events with the BlackAthlete Sports Network.  MDVX will provide website environments that will deliver high-quality video, audio, and interactive components to StreetBall fans Worldwide. BASN and Modavox will be partnering with Madison Square Garden for the US Championship broadcast and Dragon TV for…

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ThursdayMay 17, 2007 1:05 pm

Fusion (AMEX:FSN) Announces Financial Results

Internet communications provider Fusion Telecommunications (AMEX: FSN) announced the financial results for the first quarter of 2007 today.Fusion delivers a full range of advanced, cutting-edge Internet Protocol (IP)-based services to customers all around the world, specializing in Voice over Internet Protocol (VoIP) and networking technology. The company's Efonica brand has over a million subscribers from more than 100 countries. According to the release, the company reported consolidated revenues of $13.2 million, an increase of 39 percent compared to the previous year's revenues of $9.5 million. In addition, the company's consolidated gross margin increased 22 percent, or $200,000, over the previous…

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ThursdayMay 17, 2007 1:05 pm

Subsidiaries of Nexia Holdings (NEXA.OB) Report Record Numbers

Nexia Holdings Inc. (OTCBB: NEXA), a diversified holding company with interests in the real estate, health and beauty, and fashion retail industries, reported record net sales results for its Black Chandelier and Landis Lifestyle Salons for the month ended April 2007, as well as total revenue including income from its real estate holdings for the first four months of 2007.Black Chandelier, an online and retail original clothing and accessory outlet, reported a 329 percent increase in net retail revenue to $338,821, up from $78,904 in the first four months of 2006. Four stores and online sales comprise the 2007 sales.…

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ThursdayMay 17, 2007 1:05 pm

National Lampoon (AMEX:NLN) Forms Broadband Video Network

Humor conglomerate National Lampoon Inc. (AMEX: NLN) announced the formation of a new broadband video network today, edging their stock slightly up. This network - which will be named, predictably enough, the National Lampoon Video Network - will premier with a number of other Internet-based video content providers."The news of these partnerships will significantly increase National Lampoon's reach on the Web, providing the National Lampoon brand of sophomoric college comedy to more people in more places than ever before," the release stated. In addition, the company stated that the new network will provide National Lampoon advertisers with more platforms to…

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