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WednesdayJun 03, 2009 1:48 pm

Counsel RB Capital LLC Announces $5.9 Million Strategic Acquisition of Greystone Private Equity LLC

International asset management firm Counsel Corporation (TSX: CXS) today announced that Counsel RB Capital LLC has acquired Greystone Private Equity LLC, a subsidiary of Greystone & Co. Holdings LLC, for $5.9 million, including roughly $3.0 million in debt. The acquisition is in line with Counsel RB’s strategy of acquiring “distressed and surplus assets,” then coordinating asset disposition services. According to the press release, Greystone’s assets include six separate equipment, industrial and real estate assets that Counsel RB anticipates monetizing in the near future. Today’s press release also highlighted Counsel RB’s recently secured revolving credit facility with Israel Discount Bank of…

WednesdayJun 03, 2009 9:55 am

The UpTurn, Inc. (UPTR.PK) Continues To Gain Attention As It Builds Innovative Site

The UpTurn, Inc., founded by Jeff Eckman, a graduate of MIT’s Sloane Business School, has gained attention for its mission to become the preeminent online real estate exchange, bringing together real estate buyers, sellers, renters, and various professionals and businesses, in a way not currently available on the Web. The company is being capitalized with investments from a number of sources, including private funding and capital markets, as well as resources provided by Blue Green Ventures. The site itself, TheUpTurn.com, is currently under development, available only in a private Beta release. TheUpTurn.com will be designed to match people and properties…

WednesdayJun 03, 2009 9:50 am

Longwei Petroleum Investment Holding Ltd. (LPIH.OB) Plans an Additional 70,000 Metric Tonnes of Oil and Gas Storage Capacity

When a company starts to put its business into motion there are a few basic tenants that need to be addressed. Customer base and location are perhaps two of the most important. Management needs to ask itself: are we located in the correct place and do we have a customer base we can serve effectively. When dealing with bulk materials, this is even more important and needs to be right the first time. Longwei Investment Holding Ltd., an oil and gas distributor, acts as a distributor of oil and gas primarily in China. The company currently owns 50,000 tons of…

WednesdayJun 03, 2009 9:46 am

American Lorain Corp. (ALRC.OB) Increases Number of Sales Agents to 300; Network Now Covers 26 Chinese Provinces

American Lorain Corporation, an international processed foods company that sells over 234 products in China and 42 foreign countries, recently announced that the company now has a total of 300 agents in 26 provinces in China. Over the past five months, American Lorain has been transitioning sales away from its direct sales force to agents, and has now increased the company’s distribution network from 19 provinces in China to 26 provinces. American Lorain has signed 300 agents as of May 2009, allowing the company to reach more than 2,000 supermarkets, including more than 130 large-scale supermarkets and roughly 1,900 small-…

WednesdayJun 03, 2009 6:08 am

Helix Wind, Corp. (HLXW.OB) Enters Strategic Relationship to Deploy Small Wind Turbines for Newly Developed Oklahoma Medical Research Foundation

Helix Wind, Corp. announced that it has signed a joint distribution agreement with Synergy California LP to deploy small wind vertical axis turbines designed, developed and manufactured by Helix Wind. For the initial major project, they will deploy 25 Helix Wind S594 Systems at the Oklahoma Medical Research Facility in Oklahoma City, Oklahoma. Ground-breaking ceremonies were held last month at the Medical Research Facility. “The strategic distribution agreement with Synergy California moves small wind into the mainstream of new urban development projects by providing efficient electrons with an elegant esthetic view,” stated Helix Wind Chairman & President Scott Weinbrandt. "Providing…

WednesdayJun 03, 2009 5:50 am

BrandPartners Group Inc. (BPTR.OB) Real Estate Affiliate Launches Capital Funding Program for National and Regional Banks

BrandPartners Group Inc., a leading retail environment solutions provider to the financial services industry, announced this morning that it now offers a program for the bulk-purchase of vacant and under-performing branch, office and administrative facilities through its real estate affiliate, BancRealty Advisors. The Excess Bank Property Program strategically takes advantage of BrandPartners’ relationships as a result of servicing more than 35,000 bank branches. The program provides a major new source of capital for financial institutions implementing acquisitions, including banks looking to re-finance TARP funding or re-examine their branch networks in today’s economic climate. The program provides cash while removing redundant…

WednesdayJun 03, 2009 5:35 am

Superlattice Power Inc. (SLAT.OB) Makes New Innovation with High Capacity Lithium Ion Structures

The transfer from High Power to High Energy has been the thrust of Superlattice Power since their inception. The stumbling block that commercially manufactured batteries run across is anodes such as carbonaceous materials (either graphite or MCMB) undergo passive layer formation on the surface which limits the cycle life and deteriorates the battery time over the life of the battery. Anodes using silicon or metal oxide aren’t any better in common usage, deteriorating performance over time. Superlattice tackles this crucial issue and developed an innovative series of metallic anodes for utilization along with the proprietary high capacity cathode material. The…

WednesdayJun 03, 2009 5:15 am

Kristen Claflin Joins eDOORWAYS Corp. (EDWY.PK) as Preparations are Made for Upcoming Launch Date Announcement

eDOORWAYS told the investment community today that it anticipates announcing the launch date of its revolutionary Web 3.0 platform within the next few weeks. In preparation for that announcement, eDOORWAYS has strengthened its team by bringing on a 20-year Marketing & Advertising veteran to support the company's launch plans as well as develop and execute brand marketing and site monetization strategies. Kristen Claflin of Claflin Consulting has joined a team of expert consultants focused on bringing the eDOORWAYS platform to a successful launch this year. Previously, she served tenures at United Online, Inc. (parent company of Classmates.com, NetZero, Juno &…

WednesdayJun 03, 2009 4:59 am

QuoteMedia, Inc. (QMCI.OB) Signs Enterprise Agreement with TradePMR

QuoteMedia, Inc., a leading provider of market data, corporate research information and financial applications, today announced that it has entered into an enterprise agreement with TradePMR, Inc., a major provider of brokerage and custody services to the financial services industry. TradePMR will integrate a wide array of QuoteMedia’s offerings into its eCustody platform, which is currently used by 420 independent RIA firms for use by their investment advisors. QuoteMedia will provide raw quote and research data via its DataFeed solutions, and an extensive array of content and research products. In addition, TradePMR will provide its clients with QuotestreamTM Professional and…

WednesdayJun 03, 2009 4:54 am

Axial Vector Engine Corp. (AXVC.PK) JV Prepares to Present Novel Technology at the Global Refining Strategies Conference

Axial Vector Energy Corp. announced this morning that its Joint Venture Company, PETRO AVEC, will be presenting its oxidative desulphurization and heavy oil upgrade technology at the Global Refining Strategies Conference in Houston, Texas on October 29-30, 2009. The Global Refining Strategies Summit 2009 attracts the most knowledgeable and influential refining leaders from across the globe. It is recognized as the world's showcase to explore dynamic strategies and benchmark the latest technologies designed to overcome the economic and environmental issues facing the world's refiners today. Dr. Mark Cullen inventor and Managing Partner stated, "With our global patent footprint now essentially…

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