Blog - Page 4205 of 5774

MondayAug 10, 2009 12:49 pm

Adventure Energy, Inc. (ADVE.OB) Acquires Two Wells in Kentucky

Adventure Energy Inc. is an independent domestic energy company principally engaged in the acquisition, exploration and development of mature long-lived oil and natural gas properties. The company's current operations are concentrated in the Appalachian Basin within the states of Kentucky and West Virginia. Adventure Energy announced that it has completed the acquisition of two previously drilled wells located in the Exie Quadrangle in Green County, Kentucky. The company will hold a 100% working interest, 87.5% net revenue interest in each well. In addition, the company has acquired the 10 acre leasehold where the wells are located. The Faulkner #1 well…

MondayAug 10, 2009 12:48 pm

LifeVantage Corp. (LFVN.OB) Announces Cost Reduction Initiatives

LifeVantage Corp. is a science-based, natural products company dedicated to helping people reach their health and wellness goals through science-based solutions to oxidative stress. The company develops nutraceutical products, such as Protandim, which is a clinically proven supplement that provides benefits to people dealing with the challenges of healthy aging. In February 2009, the company added an experienced 52 person network marketing team to its existing nine person corporate team. After LifeVantage launched into the network marketing sales channel, net revenues for the company's 4th quarter showed a substantial 150% increase. The company is looking to build on this result…

MondayAug 10, 2009 11:53 am

Amarin Corporation plc (AMRN) Sells Bridge Loan

Amarin Corporation plc announced that it had secured financing of $3.0 million in the form of convertible bridge loan notes sold to several institutional investors. The financing consists of a short-term note and warrants, and will allow the company to operate through the end of September 2009. The notes pay interest at a rate of 8%, mature on September 30, 2009, and are convertible at the option of the holder into the company’s American Depositary Shares. The warrants are for five years and are also convertible into American Depositary Shares based on a price to be determined in the future.…

MondayAug 10, 2009 11:26 am

Priceline.com, Inc. (PCLN) Reports Favorable 2nd Quarter Revenues

Today, Priceline.com, Inc. reported positive financial results for the 2nd quarter 2009. Gross travel bookings increased 12.8% year over year, reaching a total of $2.38 billion for the 2nd quarter. Gross travel bookings, referring to the total dollar value, includes all taxes and fees of all travel services purchased by consumers. Priceline.com’s 2nd quarter revenues totaled $603.7 million, a 17.5% increase from a year ago. The company's international operations contributed $197.6 million in revenues in the 2nd quarter, showing a 20.1% increase (approximately 38% growth on a local currency basis). Priceline.com's gross profit for the 2nd quarter was $305.2 million,…

MondayAug 10, 2009 10:57 am

Anglo Swiss Resources Inc. (ASWRF.OB) Announces Acquisition of Property Adjacent to the Kenville Gold Mine Property

Anglo Swiss Resources Inc., a mineral exploration company focused on creating shareholder value through the development of its advanced staged Kenville Gold Mine property, announced this morning that it has acquired the surface and undersurface rights to a property known as the White Claim. According to the press release, this property is about 21 acres in size and is adjacent to the eastern boundary of the company’s Kenville Gold Mine property located near Nelson, British Columbia. Len Danard, President & CEO commented, “We are very pleased to acquire the White Claim to add to our portfolio of crown granted mineral…

MondayAug 10, 2009 10:54 am

Ethos Environmental, Inc. (ETEV.OB) Engages Strategic Growth International, Inc.

Ethos Environmental, Inc., a San Diego-based manufacturer of fuel reformulating products, announced today that it has retained Strategic Growth International, Inc. ("SGI") to manage global investor-relations functions in an effort to increase awareness of Ethos in the investment community. Corey P. Schlossmann, President and CEO of Ethos, stated, "As we continue to expand our business and achieve our operating milestones, we look forward to sharing our progress with the investment community worldwide. As an emerging green company, we want to be represented internationally by a major investor relations firm that is well known and respected by investors world-wide.” He continued,…

MondayAug 10, 2009 10:42 am

QualityStocks’ Twitter Following Exceeds 1,000

The markets are moving constantly and its imperative that the active trader knows what is happening on a real-time basis. Even if you aren’t trading all day long, we made our Twitter account just for you! By following us at Twitter, you will receive short alerts regarding stock action, news releases, and our new “Ones to Watch”. The news of our Quality content is spreading quickly and we now have a following of more than 1,000 investors. Every day we send dozens of tweets through Twitter to bring our followers the hottest stocks and headlines. If you would like to…

MondayAug 10, 2009 10:39 am

Consorteum Holdings, Inc. (CSRH.OB) Lays Out Foundation for Success

Consorteum Holdings, Inc., specializing in payment and transaction processing as well as financial services, is one of the few new companies out there providing a strong potential for superior returns along with minimal risks. There are a number of good reasons behind this and why their current successful initiatives will most likely continue to be repeated. • Consorteum has a significant pipeline of contracts, all of which stand to contribute ongoing residual income for the company, including three major international projects. These projects are based upon operational, product, and geographic diversity, all of which significantly mitigates risks. • Consorteum utilizes…

MondayAug 10, 2009 10:13 am

NuMobile, Inc. (NUBL.OB) Breaks New Ground and Builds Momentum

NuMobile, Inc. is a company that keeps up with technology, and as a result, is advancing faster than others in the communications industry. The company just went into high gear pushing them forward. Emerging markets are a proving ground as to how much business they can actually create. The economies of these areas are stable enough and the customer base is vast, creating a strong desire to catch up with the rest of the world with modern communication technology. The U.S. is saturated with technology that makes our lives more efficient and productive. We as a society rely heavily on…

MondayAug 10, 2009 9:53 am

Beacon Equity Research Featured Company: AFC Enterprises Inc. (AFCE)

AFC Enterprises Inc. develops, operates, and franchises quick-service restaurants under the trade name Popeyes®. AFC's business strategy capitalizes on Popeyes® strengths as a highly franchised restaurant system, which distinguishes itself with a unique "New Orleans" style menu. With the re-imaging of Popeyes® restaurants, AFC has allowed Popeyes® to not only build upon its reputation for serving food the world craves, but also allowed them the opportunity to expand their global reach. The primary objective of AFC is to be the world's Franchisor of Choice®, and they plan to do so by offering investment opportunities in its Popeyes® brand, while providing…

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