FridayDec 11, 2009 11:07 am

A Weak US Dollar May Hold Opportunity for Export Oriented Companies and their Suppliers

The continually weakening US dollar indicates that the US government has over extended in its efforts to mitigate the current financial situation. Many may discuss the merits of current economic solutions but the result is very readily apparent. The US dollar’s value, as compared to other currencies, has become less. Most that follow economic cycles around the world understand the consequences of a less valued US dollar. For those that do not follow these trends, it may be better understood by saying that a weak US dollar means that United States products are cheaper to buy than foreign goods and…

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FridayDec 11, 2009 10:58 am

Commerce Department Report Shows November Retail Sales Up 1.3%

According to a Commerce Department report issued today, retail sales rose for the month of November by 1.3%, extending October’s gains of 1.1%, strengthened by auto sales and gasoline. Despite a gloomy picture painted by U.S. retailers reporting underperformance for the start of the holiday season, worries have been somewhat allayed by this report, showing the biggest advance since retail sales spiked 2.4% in August, doubling economists’ expectations. The prevailing wisdom, that high unemployment would keep consumer spending (which accounts for 70% of all economic activity) down and hamper the economy, prolonging what is quite possibly the worst recession since…

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FridayDec 11, 2009 10:46 am

Rival Technologies Inc. (RVTI.OB) Receives Major Financing for TRU Process Development

One company that is truly on the rise is Rival Technologies Incorporated. Located in the town of Henderson, Nevada, Rivals transitions the TRU process technology from the lab to the pilot plant stage. This state-of-the-art upgrading process is designed to vastly improve the quality and economic value of heavy crude oil. Today Rival Technologies took a major step towards enhancing their future with the announcement that it has signed a financing agreement, which was previously announced on November 11, with no dilution to existing shareholders. The funding will be provided in three stages over the next 36 months for the…

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FridayDec 11, 2009 10:39 am

PetroAlgae, Inc. (PALG.OB) Signs Memorandum of Understanding with Foster Wheeler to Create End-to-End Biomass-to-Fuel Solutions

PetroAlgae Inc., a leading alternative energy company that licenses a commercial micro-crop technology system to produce clean fuel and food in an environmentally sustainable manner, recently announced that it has signed a memorandum of understanding with Foster Wheeler AG’s (NASDAQ: FWLT) Global Engineering and Construction Group. This agreement calls for engineering services to be performed in conjunction with PetroAlgae's micro-crop biomass technology. PetroAlgae’s globally scalable technology produces high-value protein as a cost-effective alternative to fossil fuels, while absorbing carbon dioxide from greenhouse gas emissions. The two companies will collaborate to develop commercial solutions that will allow existing oil refineries to…

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FridayDec 11, 2009 10:34 am

Global Capacity, Inc. (CGSY.OB) Reports Positive Results for SaaS™ Line

Yesterday, the world’s leading telecommunications information company Global Capacity, Inc., announced that its "Software as a Service" (SaaS) line earned positive results in 2009, including a promising start for the recently released GCPrice. Leveraging its proprietary telecom industry information across 195 countries and six continents, the SaaS line uses online interfaces that allow customers access to its knowledge engine. The process increases efficiency and reduces cost. This past year, SaaS product sales increased 16.9%. The company attributes the growth to its 18 new and upgraded clients, counting among them leading integrators and global telecommunication providers. Further, SaaS delivered strong renewals…

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ThursdayDec 10, 2009 1:58 pm

Li3 Energy, Inc. (LIEG.OB) Announces Appointment of Directors

Li3 Energy Inc. is pursuing a business strategy of acquiring a significant portfolio of lithium brine deposits in the Americas to produce lithium to meet the rapidly growing demand for lithium by green energy industries. The company is identifying and acquiring properties in Chile, Peru, Argentina and the United States. The company announced today the appointment of the following people as members of their Board of Directors, effective immediately: Kjeld Thygesen, Anthony Hawkshaw and Douglas Perkins. Li3 Energy expects these impressive new members of the board to aid in the company's strategy to become a major global lithium mining company.…

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ThursdayDec 10, 2009 11:21 am

PolyMet Mining Corp. (PLM) Feels Positive, Announces Second Stage Equity-Finance Date

As has been suggested in past posts, taking the longer-term view can be very profitable. Understanding current economic conditions and where they may be down the road is the key. Fortunately or not, the mining permitting process follows this same line of thinking. The process takes time and thought. From an investment perspective, one needs to decide which metals are going to be in need as the process of permitting finishes and product begins to flow out of the ground. PolyMet Mining corp., a precious metals development stage mining operation located in north-eastern MN, is working to bring a copper-nickel-precious…

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ThursdayDec 10, 2009 10:25 am

Minatura Gold (MGOL.OB) to Acquire Colombian Gold Mining Assets through Restructuring of Transactions

Located is Westlake Village, California, Minatura Gold pursues the exploration, development, mining and refining of gold as well as the exploration and commercialization of other precious metals available in the Republic of Colombia. Minatura Gold is growing with the Republic of Columbia as the nation sheds its image for unlawfulness and in the process of gaining a global presence. Today, the young company announced it has signed definite agreements with Minatura International LLC to sell over 10,000,000 shares of their common stock as part of their restructured plan to acquire Colombian mining concessions and equipment from Minatura International LLC’s subsidiaries…

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ThursdayDec 10, 2009 9:52 am

Magnum Recycling USA (MDOR.OB) Secures New Colorado-based Client

Magnum Recycling USA, a leading next-generation rubber-recycling solutions company that provides a one-of-a-kind resolution to rubber and tire scrap waste, recently announced that the company has secured Weld County, Colorado as one of its tire source and disposal clients for the Hudson Monofill. As the third-most extensive and the ninth-most populous county in the state of Colorado, Weld County is now disposing tires from utility trucks, public works vehicles and county service vehicles to Magnum Recycling. Magnum Recycling believes that Weld County will set a responsible example for other cities and counties regarding reducing solid waste and minimizing illegal dumping.…

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WednesdayDec 09, 2009 5:01 pm

National Health Partners, Inc. (NHPR.OB) Announces First Quarter 2010 Financial Projections

National Health Partners Inc. is a national health care savings organization that provides discount health care membership programs to uninsured and underinsured people through a national health care savings care network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other health care providers in the country and is comprised of over 1 million medical professionals. The company announced today that it expects to generate record revenue and positive cash flow from operating activities during its fiscal quarter ended March 30, 2010 due to the successful launch of several large-scale sales campaigns by its…

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