WednesdayDec 09, 2009 9:25 am

Hyperdynamics Corp. (HDY) to Sell Stock

Hyperdynamics Corp. recently said that it signed an agreement to issue 7.22 million shares of common stock at a price of $0.90 to several different institutional investors. The company would realize gross proceeds of $6.5 million before expenses. Hyperdynamics Corporation also issued warrants to these investors that entitle the holders to buy an additional 3.25 million shares at a price of $0.98. The warrants must be exercised over a four year time frame that begins six months after the transaction closes. Hyperdynamics Corporation is an oil and gas exploration and production company with properties in West Africa. Hyperdynamics Corporation entered…

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TuesdayDec 08, 2009 4:28 pm

Invisa, Inc. (INSA.OB) Up an Incredible 1100%+ in Today’s Trading

Invisa Inc.’s shares closed today’s trading at $0.045 a share, up $0.037 a share or an amazing 462.5% for the day. The stock hit a high today of $0.10 a share on massive volume in excess of 3.8 million as opposed to the average daily volume of about 145,000. Invisa was highlighted in the QualityStocks FREE Daily Newsletter back on July 6, 2009 when the stock was trading at a price of only 0.008 per share – that's more than a 10-time return on your investment! Invisa is a development stage company that is commercializing patented presence-sensing technology under the InvisaShield…

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TuesdayDec 08, 2009 1:10 pm

Yongye International, Inc. (YONG) Announces 2010 Growth Plans

Today, plant and animal nutrient distributor, manufacturer and developer Yongye International, Inc. announced an update to the October 2009 3-year growth strategy, detailing its production capacity and branded store network for 2010. The company expects to reach an estimated production capacity of 30,000 tons of Shengmingsu branded plant nutrient product from its current level of 10,000 tons per annum. Currently, the company’s facility operates at almost full capacity to meet peak season demand and inventory requirements. Additionally, Yongye anticipates further expansion of the retail branded store networks which sells its products, from the current level of 7,000 stores to 20,000…

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TuesdayDec 08, 2009 1:08 pm

Oil Continues Decline, Pushed Under $73 by Rising Dollar

Nymex Crude is down $0.98 to $72.95 and Brent Crude is down $1.09 to $76.43, as a bolstered dollar drives investors (who have been using oil as a hedge against inflation) out of oil, marking a two-month low for oil prices and the fourth straight day of sell-offs. This morning, the DJIA opened markedly lower, with some heavy hitters like McDonalds and 3M offering poor profitability data points, and concerns over Dubai World sparked by downgrades from Moody’s impacting the exposed Euro. Fed suggestions of continued low interest rates mean that the extended carry trade potential for the dollar (USD)…

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TuesdayDec 08, 2009 10:20 am

TransAtlantic Petroleum Ltd. (TAT) Makes Move to Big Board

One company whose star is certainly shining bright is TransAtlantic Petroleum. A vertically integrated international energy company, TransAtlantic is engaged in the acquisition, development, exploration, and production of crude oil and natural gas. In this very competitive industry, TransAtlantic has quickly developed a global presence with gas properties in Turkey, Morocco, Romania, and California. Today, TransAtlantic took a major step towards catching the eyes (and investment dollars) of institutional investors with the announcement that the young company will begin trading on the NYSE Amex under the ticker symbol “TAT”. Prior to this announcement, TransAtlantic traded their common shares on the…

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TuesdayDec 08, 2009 10:14 am

KeyOn Communications Holdings, Inc. (KEYO.OB) Announces First Acquisition under New Initiative

KeyOn Communications Holdings, Inc., a leading provider of wireless broadband, satellite video, and VoIP services, announced that the company has completed the acquisition of SkyWi, Inc. This is the company’s first acquisition under their Rural UniFi program, a comprehensive acquisition initiative announced in September 2009. Because of the lack of available broadband options, rural markets are often served by independent wireless broadband contractors such as SkyWi. These companies provide an invaluable service to such an area as penetration from bigger corporations is often low. At the current time, there are over 2,000 such companies. Most of these contractors have insufficient…

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MondayDec 07, 2009 2:59 pm

Insight Management Corporation (ISIM.OB) Gives Shareholder Update on Finances, Acquisitions and Operations

Insight Management Corp. focuses on the oil and gas industry for business-building acquisitions and alliances. The company today announced updates on its revenue, acquisitions and growth strategy. The company posted revenue of $588,903 for the third quarter ended September 30, 2009. EBITDA increased a significant 131 percent for the quarter to $214,505 as compared to the second quarter of 2009. In June 2009, Insight Management acquired Rebel Testing Inc., a regional oil and gas field services provider for the greater Colorado, Wyoming and Utah areas. For more than 18 years, the company has provided profitable operations, offering pump hoist and…

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MondayDec 07, 2009 12:26 pm

Market Timing When Investing in Gold is Dangerous

Paying attention to trends and flows of trading and direction can be profitable. However, one can suggest that chasing a trend in the market is not a wise idea. As the market has been moving through a rather interesting up-tick of late, one might be wise to consider where things are at the moment and where they may, or may not, go in the future. One particular area that one might consider, in this regard, is the gold play. This area of the commodities market has been doing quite well of late and could very well continue its move higher.…

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MondayDec 07, 2009 9:18 am

Global Entertainment Holdings, Inc. (GBHL.OB) to Begin Trading on the OTC Bulletin Board

Global Entertainment Holdings, a young company located under the blue skies of West Hollywood, California, is a publicly-held entertainment company with an objective to build a worldwide entertainment organization with domestic and global affiliates. If Global reaches its desired goal, it could become a global name. Leading the way at GBHL is their CEO Gary Rasmussen. Rasmussen is a noted name in the industry with an extensive background spanning over 25 years as an entrepreneur with vast experience in all phases of business development, having been a founder, chief executive officer or director of several publicly-held corporations in the areas…

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MondayDec 07, 2009 9:13 am

Plato Learning, Inc. (TUTR) Reports Strong Earnings Growth for Fiscal 2009

Plato Learning, Inc. reported fiscal 2009 net income of $957,000, or $0.04 per share. This was a vast improvement over the $91.9 million, or $3.85 per share, loss it reported in fiscal 2008. Revenues came in at $65.2 million in fiscal 2009, down slightly from the prior year. Plato Learning, Inc. ended the quarter with a cash balance of $28.2 million, double the amount the company had three months ago. Plato Learning, Inc also has no short or long term debt on its balance sheet. Plato Learning, Inc. predicts strong growth in fiscal 2010, with subscription growth of 10-20% over…

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