FridayMar 13, 2009 8:15 am

China Opportunity Acquisition Corp. (CHNQ.OB) to Merge with Parent of Chinese Specialty Steel Company

China Opportunity Acquisition Corp. announced today that its shareholders have approved the merger with and into privately held Golden Green Enterprises Limited (“Golden Green”), a British Virgin Islands company. Golden Green, through its operating company, Henan Green Complex Materials Co., Ltd (“Ge Rui”), manufacturers high precision cold-rolled specialty steel products in China. The vote to approve the merger took place today at China Opportunity’s special shareholder meeting. “We are very pleased that our stockholders approved the merger with Golden Green,” stated Harry Edelson, CEO and Chairman of the Board of China Opportunity. “This transaction will provide Golden Green with a…

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FridayMar 13, 2009 7:29 am

Universal Detection Technology (UNDT.OB) Receives Major Purchases Order for Bioterrorism Equipment

Universal Detection Technology is a California company that develops early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats. The young company took a major step towards leaving their mark on the marketplace when they reported that it has received a purchase order for its five-agent bioterrorism detection equipment from the Miami-Dade Police Department. This unique equipment is capable of spot detection of anthrax, ricin toxin, botulinum toxin, plague, and SEBs. The purchase order also includes kits that mimic a "suspicious powder" scenario, thus preparing the first responders for a real world event. While the equipment itself…

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FridayMar 13, 2009 7:23 am

Axial Vector Energy (AXVC.PK) Joint Venture Based On World Class Technology

Petro-AVEC, the new joint venture formed recently between Axial Vector Energy Corp. (AXVC.PK) and Petrosonics LLC, is focused primarily on one thing, the global marketing of Petrosonic’s proprietary technology for removing sulfur, while continuing development of their proprietary technology for the treatment of sour crude. The heart of the venture is the company’s sonic process for removing sulfur, and the worldwide patents that support it. Sonic energy (20-40 Khz) creates rapid pressure and temperature changes, resulting in the shearing open of the fuel molecule, and allowing the oxidation of contaminants. Specifically, oxidation converts thiophenes, and other heavy organic sulfur compounds,…

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FridayMar 13, 2009 6:04 am

Convergence Technologies, Inc. (CNVC.PK) Announces Acquisition of Public Relations Portal

Convergence Technologies, Inc. announced yesterday after the closing bell that it has acquired Emerging Issuer. The site www.EmergingIssuer.com provides a destination where money managers, analysits and individual investors can go to watch and discover new investment opportunities. The companies featured by the website typically don't receive widespread analyst coverage on Wall Street. The acquisition is part of the company’s strategic plan to build a solid Corporate Advisory Merchant Banking Firm. With Emerging Issuer’s revenues totaling more than $1 million, management believes their services fit in nicely with Convergence’s overall Advisory Model that will be marketed to microcap/smallcap public companies. The…

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FridayMar 13, 2009 5:52 am

Entech Solar (ENSL.OB) Signs Agreement with Fraunhofer USA’s Center for Sustainable Energy Systems

Today, Entech Solar, a leader in concentrating solar energy systems, announced that it has entered into a research contract with Fraunhofer USA’s Center for Sustainable Energy Systems (CSE) to evaluate the feasibility of incorporating high-efficiency back-contact silicon solar cells into Entech’s 20x concentrating solar systems. In conjunction with the Fraunhofer Institute for Solar Energy Systems (ISE), Fraunhofer will simulate, design, and test prototype back-contact silicon solar cells to potentially discover a more advanced cell with significantly greater efficiency than those Entech currently uses. Fraunhofer will also give advice regarding the future mass production of such high-efficiency back-contact cells for use…

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FridayMar 13, 2009 5:07 am

Profile Technologies, Inc. (PRTK.OB) – Tracking the Patent Activity

Investors often ignore the patent activity of the companies within their portfolios as well as those companies that represent prospective investments. Who can blame them? The legalese and technological terms within these patent documents are often too complex, and only to be understood by patent attorneys and those with advanced technical degrees. When a company achieves patent protection that is aligned with its commercialization goals, wherein the company is also increasing its patent filings at the same time, it typically represents a very healthy indication for potential future growth. Profile Technologies, Inc (PRTK.OB) appears to be one of these companies…

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FridayMar 13, 2009 5:03 am

Elecsys Corp. (ESYS) – Welcome to the Nasdaq!

Since the turn of the century, Elecsys Corporation has taken multiple strategic initiatives in order to grow its technology business. With three operating subsidiaries under its name including the acquired DCI Incorporated (2000), Network Technologies Group (2004) and Radix Corporation (2007), Elecsys is growing amidst the current economic recession. As of this past Tuesday, Elecsys has now entered the Nasdaq stock exchange under the ticker symbol ESYS and is currently trading at $3.00 USD/share. Elecsys’s collective revenue from the three subsidiary companies has increased from 14.6 million in 2006 to 19.8 million in 2007, and to 23.4 million in 2008.…

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ThursdayMar 12, 2009 12:29 pm

Doing Fine in ’09?

Although 75% of Americans surveyed in the first quarter of 2008 thought the economic situation was “poor” at the time, 60% thought economic conditions in 2009 would be “good.” Considering the market volatility over the past few months, will we see an improvement in 2009 economic conditions? What will this situation mean for you and your money? Housing The housing sector has taken a significant tumble recently. Although some economists forecast another year of falling home prices, the decline is projected to be less than half that of 2008. Former Federal Reserve Chairman Alan Greenspan speculated that home prices may…

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ThursdayMar 12, 2009 11:43 am

UpLift Nutrition Inc. (UPNT.OB) Launches New Marketing Plan and Website; Consumers Get a Free Taste of Vitamin-Packed Health Drink

UpLift Nutrition Inc. (UPNT.OB) is a development stage company and developer of natural energy and health drink Active UpLift, which comes in powder form to be mixed with water. The company markets the product through retail distributors, specialty health food outlets, and online. UpLift today announced it will boost its Internet marketing with a “Try it Free” campaign. The new campaign will allow consumers to try Active UpLift through a request on its Web site – the consumer is only responsible for the shipping and handling charges. In the press release, the company said marketing tactics such as this one…

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ThursdayMar 12, 2009 7:35 am

Emirates Capital of Dubai Agree to Finance Axial Vector Energy Corp.’s (AXVC.PK) New Joint Venture with Petrosonics

Axial Vector Energy Corporation announced today that Emirates International Capital Advisory (EICA) will be financing the recently announced Joint Venture between Petrosonics LLC and AVEC called PETRO AVEC. The $7 million dollars of debt financing provided by Emirates Capital will be secured against AVEC's ownership interest in the JV. EICA will be entitled to full repayment of its contribution from license fees received by the JV and will also have a five percent overriding royalty of per barrel income to the JV. AVEC also announced in the press release that it is restructuring its credit agreement with EICA, which was…

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