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MondayMay 05, 2008 3:12 pm

May 5th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCY, AFMI, CACN, CGXP, ECOI, GCEH, GNBT, HJHO, HYTM, IASCA, ILNS, IVOT, MBND, MSHI, NSMG, PLKH, RVEP, SEE.V, SWVC, TAGS, TKO The stock market was in rally-mode ahead of the Fed decision this week and got an added boost shortly after the headlines hit the wires. Market participants seemed pleased with the Fed's announcement, but their focus Friday was primarily on the April employment report, which was better than expected on most fronts. However, the market succumbed to some week-end selling interest that pared its gains considerably. The S&P 500 jumped…

MondayMay 05, 2008 3:10 pm

OTCPicks Featured Company: TeleCommunication Systems, Inc. (TSYS) Announces Record Numbers for First Quarter

TeleCommunication Systems, Inc. (NASD: TSYS) (TCS) reported record numbers for the first quarter of 2008. Revenue increased significantly by 18%, from $34.1 million in the first quarter of 2007 to $40.4 million. At the end of the previous quarter ending December 31, 2007, revenue was $37.1 million. Earnings before interest, taxes, depreciation and amortization, and noncash stock compensation (EBITDA) reported another record at $8.4 million, or $0.20 per basic and $0.19 per diluted share. This is a 45% increase from the previous quarters figures, and a 79% increase from a year ago. Maurice B. Tose, TCS Chairman, CEO, and President…

MondayMay 05, 2008 1:21 pm

Mega Media Group, Inc.’s (MMDA.OB) Pulse 87 FM Revamps Website, Announces New Advertisers

Pulse 87 FM, a subsidiary of Mega Media Group, Inc. (OTCBB. MMDA) announced the launch of its new website portal, www.pulse87.com, and provided updates on its new advertising clients. Pulse 87, New York’s new Rhythmic Top 40 radio station, serves the five boroughs of New York, including New York City, Long Island, northern and central New Jersey, and southern Connecticut, providing premium content designed to appeal to the 18-49 music-listening demographic. The website, www.Pulse87.com, has been reformatted and re-launched to appeal to this same listening group, and will provide viewers with the ability to stream live and get up-to-the-minute entertainment…

MondayMay 05, 2008 1:18 pm

OTCPicks Featured Company: Vermillion, Inc. (VRML) Opens Series of Teleconferences

Vermillion, Inc. (NASD: VRML) recently hosted a teleconference that featured keynote speaker John Cooke, M.D., Ph.D, Professor of Medicine at Stanford University. The teleconference focused on the company's peripheral artery disease (PAD) diagnostic program and improvements that could be made to enhance the detection of the disease. This teleconference was the first in a series of future roundtable discussions, and served as an educational means to explain the current state of PAD and the clinical need for a blood test that can determine a person's risk of developing the disease. PAD affects between 8 and 12 million Americans, and can…

MondayMay 05, 2008 1:14 pm

Industrial Services of America, Inc. (IDSA) Reports 37% Increase in First Quarter Net Income

Industrial Services of America, Inc. (IDSA) is a recycler of scrap metals headquartered in Louisville, Kentucky. The company reported solid first quarter results today just minutes before the closing bell. Revenues rose 46% year over year to $26.1 million, while net income increased 37% to $1.09 million or 30 cents per share. Chairman and CEO Harry Kletter stated, “ISA continued to benefit from building relationships with existing and potential customers, as well as from strong global demand and pricing for commodities. With this first quarter we have achieved a revenue run-rate of approximately $100 million. As we progress through 2008,…

MondayMay 05, 2008 1:12 pm

Global Roaming Distribution, Inc. (GRDB.OB) Has Opportunities for Growth

Global Roaming Distribution (GRDG.OB) is a group of companies focused on adding functionality and flexibility to the telecommunications business. All the companies within Global Roaming center on providing the CelTrek™ to their regions. The company has distribution plans for those interested taking an active role in the expansion of Global. Global Roaming Distribution offers various programs to resellers, developers, and a White Label solution for those who want to build their own branded SIM card product. The developer program allows individuals to create their own business strategy to sell Global’s products with the help of a set of Web Services…

MondayMay 05, 2008 1:07 pm

Loans4Less.com, Inc. (LFLS.PK) Specializes in Online Real Estate Loans to “A” Paper Customers

Loans4Less.com, Inc (LFLS.PK) specializes in online real estate loans, serving primarily “A” level customers. The company also makes residential 1st & 2nd Trust Deed loans and can refinance existing loans as needed. The California Department of Real Estate has licensed Loans4Less.com, and Loans4Less.com also does business as a real estate agent, focusing on high end residential estate transactions. The company prides itself on excellent and honest service. The company’s goal is to offer the most competitive loan rates and closing costs available at the time. It provides an “Auto Float Down” feature, which states that if a lower rate exists…

MondayMay 05, 2008 1:06 pm

Sinoenergy Corp. (SNEN.OB) Secures $17.87 Million Investment

Sinoenergy Corp. (OTCBB: SNEN) announced its subsidiary, Qingdao Sinogas General Machinery, finalized a $17.87 million strategic investment from a group of Chinese investors. The compressed natural gas (CNG) vehicle and gas station equipment manufacturer also said it is reorganizing its group structure to differentiate its business segments by their functions. Per the arrangement, the investors will acquire a 24.95 percent ownership of the company, while Sinoenergy will retain a 75.05 percent ownership. The investment will allow the subsidiary to operate as a domestic joint venture, increasing registered capital to $15.7 million from $11.8 million. The company also develops and operates…

MondayMay 05, 2008 1:03 pm

NanoViricides Inc. (NNVC.OB) Announces Significant Results in its Anti-HIV Studies

In 1981, the United States became the first country to identify HIV/AIDS as a distinct condition. Since then, hundreds of thousands of people have become infected, and more than 500,000 have died from the HIV/AIDS virus. It’s a race to arms, as facilities throughout the world conduct studies to combat the virus. NanoViricides Inc. (OTCBB: NNVC) is one such company. Today the company announced that its anti-HIV drug candidates have demonstrated significant therapeutic efficacy in recent preliminary animal studies at a Bio-Safety Level 3 Laboratory facility in Boston, Mass. The studies were conducted by Dr. Krishna Menon, PhD, VMD, MRCS,…

MondayMay 05, 2008 10:50 am

Rock Energy Resources, Inc. (RCKE.OB) to be Featured on National News Show ‘The Economic Report’

A Houston, Texas-based oil and gas exploration company, Rock Energy Resources, Inc. (RCKE.OB) announced today that it will be featured on an upcoming episode of national television show ‘The Economic Report.’ Rock Energy, which formed in 2004, uses the latest imaging technologies to access onshore natural gas and crude oil resources, an invaluable technique in today’s unstable and expensive energy environment. “With oil over $100 per barrel and the shaky geopolitical picture abroad, America must look at energy resources in North America,” said Chief Executive Rocky V. Emery. “We know there are vast stores of untapped resources the others either…

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