Polaris International Holdings, Inc. is an interesting penny stock that has been gaining some attention lately. Trading under the symbol PIHN on the penny stock Pink Sheets Exchange, the company website states it’s business as offering and supplying I.T. services for network infrastructure and Cloud Computing Solutions. This is the reason we believe PIPN has been on so many penny stock traders charts recently with increasing volume and upwards price movement.
For those of you that are at a loss as to what cloud computing is, we will explain here on the penny stock trading blog. Cloud computing is another wonder of the Internet, providing services on demand through shared resources. These resources could be just about any type of device that could be hooked up to a computer and the Internet as well as any software. The big selling point of cloud computing is ease of access with the cloud representing the Internet. Rather than make this difficult to understand, cloud computing is used to provided business applications online with accessibility through your run-of-the-mill web browser. With these applications residing on the provider’s servers, with the bottom line being, cost cutting savings. End user cost are cut and only paying for services on demand. Not a bad idea. If you need more information about cloud computing, you can visit this website http://en.wikipedia.org/wiki/Cloud_computing
PIHN’s website says they intend enter the Asian market with primary focus on Japan and China. The company is telling penny stock investors and penny stock traders Japan is moving toward spending a great deal more money in outsourcing for I.T. services and the sector has grown rapidly and PIHN’s plan is to capture a large share of the market in Asia. The company goes on to say the continued global economic client makes the market ripe for continued growth in out sourcing as companies continue to search for ways to cut cost.
Whatever the case, penny stock traders appear to believe PIHN is one of the current hot penny stocks and continue to push the stock higher with growing volume. Only time will tell…. Remember, Pink Sheet penny stocks are highly speculative, even more so than stocks trading on the OTCBB exchange. However, PIHN may be one penny stock worth keeping on your trading screen and see if traders continue to push this penny stock higher.
Showing posts with label Penny Stock. Show all posts
Showing posts with label Penny Stock. Show all posts
Penny Stocks Can Be An Excellent Investment
With the arrival of the Internet, more and more people are turning toward their personal computers to build prosperity via a range of ways, including the stock market. The universal monetary markets are at unsurpassed tension levels putting people in dire straits forcing people to try to find additional ways of earning money. Investing in penny stocks is a suitable way of increasing income to meet daily operating cost. Strictly, penny stocks do not need to cost pennies and can cost as much as five dollars per share. Even in that situation, penny stocks can nevertheless be astonishing deals. Nevertheless there are a few points to ponder before people start trading in penny stocks.
Investors have to make sure to do due diligence before investing in penny stocks. However, due diligence need not be a trauma on time disposal. Research systems are readily obtainable to do the toil on behalf of the investor. These methods categorize what are the best penny stocks. One other notable thing is to obtain a better online stock broker that will not charge excessive commissions for OTCBB penny stocks.
Diversity is the top word of advice which can be suggested when investing in penny stocks. Penny stocks come in a expansive range of areas so it is recommended to not put all your money into one penny stock. It is tough to expand with big board stocks as most are very costly, however, this is not the case with penny stocks. Investors can have a gigantic portfolio of discounted penny stocks without having to have a enormous brokerage account.
Penny stocks are exceedingly appealing to a lot of investors. Why? Because they are cheap to purchase and open the doors for lots of people who could not invest in usual and more high-priced stocks. Nevertheless people can make plenty of miscalculations if not careful. The economical value of penny stocks can make it more persuasive to invest in one or more stocks without first doing your research. Due diligence is vitally of great consequence since you have to identify whether you are investing in a good or faulty condition corporation. Penny stocks do not show on the larger stock exchanges and the companies may well be less well-known as a result. Do not gamble investing in a penny stock until you have done your research first.
It is vital that penny stock investors check their sources of monetary information. There are tons of websites which provide free tips and guidance on penny stocks to acquire and which stocks to sell. Commit to memory the old saying, "nothing is free" and they have a motive for recommending particular penny stock. Trust your own instincts and facts first.
One more error is to believe that profiting from penny shares is trouble-free. Traders may just decide on a good quality penny stock which is about to enjoy considerable achievement. However, this does not happen on a every day basis. In no way assume that trading penny stocks will make a fortune. Penny stock traders can and do lose daily.
However perhaps one of the most central blunders a investor could make is to use capital they cannot afford to lose. This can be devastating. Continuously commit to memory that penny stocks are perilous investing instruments. Traders can just as easily lose every dollar you invest. Learning and data is vital being profitable when purchasing penny stocks.
Investors have to make sure to do due diligence before investing in penny stocks. However, due diligence need not be a trauma on time disposal. Research systems are readily obtainable to do the toil on behalf of the investor. These methods categorize what are the best penny stocks. One other notable thing is to obtain a better online stock broker that will not charge excessive commissions for OTCBB penny stocks.
Diversity is the top word of advice which can be suggested when investing in penny stocks. Penny stocks come in a expansive range of areas so it is recommended to not put all your money into one penny stock. It is tough to expand with big board stocks as most are very costly, however, this is not the case with penny stocks. Investors can have a gigantic portfolio of discounted penny stocks without having to have a enormous brokerage account.
Penny stocks are exceedingly appealing to a lot of investors. Why? Because they are cheap to purchase and open the doors for lots of people who could not invest in usual and more high-priced stocks. Nevertheless people can make plenty of miscalculations if not careful. The economical value of penny stocks can make it more persuasive to invest in one or more stocks without first doing your research. Due diligence is vitally of great consequence since you have to identify whether you are investing in a good or faulty condition corporation. Penny stocks do not show on the larger stock exchanges and the companies may well be less well-known as a result. Do not gamble investing in a penny stock until you have done your research first.
It is vital that penny stock investors check their sources of monetary information. There are tons of websites which provide free tips and guidance on penny stocks to acquire and which stocks to sell. Commit to memory the old saying, "nothing is free" and they have a motive for recommending particular penny stock. Trust your own instincts and facts first.
One more error is to believe that profiting from penny shares is trouble-free. Traders may just decide on a good quality penny stock which is about to enjoy considerable achievement. However, this does not happen on a every day basis. In no way assume that trading penny stocks will make a fortune. Penny stock traders can and do lose daily.
However perhaps one of the most central blunders a investor could make is to use capital they cannot afford to lose. This can be devastating. Continuously commit to memory that penny stocks are perilous investing instruments. Traders can just as easily lose every dollar you invest. Learning and data is vital being profitable when purchasing penny stocks.
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HGLC | Hunt Gold Considers Serious Offer
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Company Confirms It Is Considering a Very Serious Offer Which Could Lead to a Takeover of the Company
Jul 31, 2008 10:00:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 07/31/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirmed on July 29, 2008 that it has received a number of serious offers for the Company; which if successful, could lead to a buyout of the Company.
The Company can now confirm that it received, early this morning; a serious Takeover Offer for the Company.
The Board of Directors will seek external advise on this Offer and advise stockholders accordingly.
The Board is therefore now duty bound to enter into formal discussions with all of the various bidders for the Company.
Company Confirms It Is Considering a Very Serious Offer Which Could Lead to a Takeover of the Company
Jul 31, 2008 10:00:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 07/31/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirmed on July 29, 2008 that it has received a number of serious offers for the Company; which if successful, could lead to a buyout of the Company.
The Company can now confirm that it received, early this morning; a serious Takeover Offer for the Company.
The Board of Directors will seek external advise on this Offer and advise stockholders accordingly.
The Board is therefore now duty bound to enter into formal discussions with all of the various bidders for the Company.
CYPW | Cyclone Power Teams Up With Florida Manufacturer To Develop Green Engine
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Jul 31, 2008 8:30:00 AM
POMPANO BEACH, FL -- (MARKET WIRE) -- 07/31/08 -- Cyclone Power Technologies (PINKSHEETS: CYPW) has teamed up with the Florida Manufacturing Extension Partnership (MEP) to assist the company in bringing its award-wining Cyclone Engine from prototype to production.
With their unique public and private resources, the Florida MEP team will work with Cyclone to facilitate the late-stage development of the company's eco-friendly, multi-fuel capable engine. Over the long term, the MEP will be able to assist Cyclone in developing a streamlined and state-of-the-art manufacturing facility, capable of competing in today's highly competitive environment.
"The Florida MEP will be a great partner at this stage of our growth," stated Cyclone CEO, Harry Schoell. "We believe we have a real and viable solution for today's energy and environmental crises, and with the help of the MEP, we believe we will be able to bring our engine to market sooner and more efficiently."
"Cyclone's green engine technology is very exciting for the state of Florida and for our global environment. We look forward to providing Florida MEP's expertise and assistance to the Cyclone team," said Tsila Blomberg, Florida MEP project manager.
Jul 31, 2008 8:30:00 AM
POMPANO BEACH, FL -- (MARKET WIRE) -- 07/31/08 -- Cyclone Power Technologies (PINKSHEETS: CYPW) has teamed up with the Florida Manufacturing Extension Partnership (MEP) to assist the company in bringing its award-wining Cyclone Engine from prototype to production.
With their unique public and private resources, the Florida MEP team will work with Cyclone to facilitate the late-stage development of the company's eco-friendly, multi-fuel capable engine. Over the long term, the MEP will be able to assist Cyclone in developing a streamlined and state-of-the-art manufacturing facility, capable of competing in today's highly competitive environment.
"The Florida MEP will be a great partner at this stage of our growth," stated Cyclone CEO, Harry Schoell. "We believe we have a real and viable solution for today's energy and environmental crises, and with the help of the MEP, we believe we will be able to bring our engine to market sooner and more efficiently."
"Cyclone's green engine technology is very exciting for the state of Florida and for our global environment. We look forward to providing Florida MEP's expertise and assistance to the Cyclone team," said Tsila Blomberg, Florida MEP project manager.
GNTA | Genta Incorporated To Discuss 2nd Quarter Financial Results August 7
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Jul 31, 2008 8:00:00 AM
BERKELEY HEIGHTS, N.J., July 31 /PRNewswire-FirstCall/ -- Genta Incorporated (OTC Bulletin Board: GNTA) announced today that the Company will release its second quarter 2008 financial results on Thursday, August 7, 2008. Genta management will host a conference call and live audio webcast to discuss these financial results and corporate activities at 8:00 am EDT.
Jul 31, 2008 8:00:00 AM
BERKELEY HEIGHTS, N.J., July 31 /PRNewswire-FirstCall/ -- Genta Incorporated (OTC Bulletin Board: GNTA) announced today that the Company will release its second quarter 2008 financial results on Thursday, August 7, 2008. Genta management will host a conference call and live audio webcast to discuss these financial results and corporate activities at 8:00 am EDT.
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ILNS | Intellect Neurosciences Obtains European Patent
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Jul 31, 2008 6:10:00 AM
NEW YORK, July 31 /PRNewswire-FirstCall/-- Intellect Neurosciences, Inc. (OTC Bulletin Board: ILNS) announced today it has obtained a European patent relating to the Company's ANTISENILIN(R) monoclonal antibody platform for the treatment of Alzheimer's disease. The claims of the issued patent cover the ANTISENILIN(R) "free-end specific" antibodies that bind to beta amyloid and use of the antibodies in preventing or inhibiting the progression of Alzheimer's disease. The technology is designed to promote the clearance of beta amyloid which accumulates to reach toxic concentrations in the brains of Alzheimer's patients while reducing the potential for adverse side-effects. Importantly, such drugs avoid binding and thereby potentially interfering with the functions of the Amyloid Precursor Protein, which is an important physiological regulator in the body implicated in controlling essential brain functions as well as blood coagulation. The Company recently disclosed that it has granted a royalty-bearing license to Wyeth and Elan Pharma International Ltd. regarding patents and patent applications related to antibodies and methods of treatment for Alzheimer's disease, including Bapineuzumab, currently in Phase 3 clinical trials. The Company retains the ability to grant additional licenses under its ANTISENILIN(R) monoclonal antibody technology invented by Dr. Daniel Chain, the Company's Chairman and CEO. The ANTISENILIN(R) patents have previously issued in China, Japan and other countries.
Jul 31, 2008 6:10:00 AM
NEW YORK, July 31 /PRNewswire-FirstCall/-- Intellect Neurosciences, Inc. (OTC Bulletin Board: ILNS) announced today it has obtained a European patent relating to the Company's ANTISENILIN(R) monoclonal antibody platform for the treatment of Alzheimer's disease. The claims of the issued patent cover the ANTISENILIN(R) "free-end specific" antibodies that bind to beta amyloid and use of the antibodies in preventing or inhibiting the progression of Alzheimer's disease. The technology is designed to promote the clearance of beta amyloid which accumulates to reach toxic concentrations in the brains of Alzheimer's patients while reducing the potential for adverse side-effects. Importantly, such drugs avoid binding and thereby potentially interfering with the functions of the Amyloid Precursor Protein, which is an important physiological regulator in the body implicated in controlling essential brain functions as well as blood coagulation. The Company recently disclosed that it has granted a royalty-bearing license to Wyeth and Elan Pharma International Ltd. regarding patents and patent applications related to antibodies and methods of treatment for Alzheimer's disease, including Bapineuzumab, currently in Phase 3 clinical trials. The Company retains the ability to grant additional licenses under its ANTISENILIN(R) monoclonal antibody technology invented by Dr. Daniel Chain, the Company's Chairman and CEO. The ANTISENILIN(R) patents have previously issued in China, Japan and other countries.
FFGO | Private Equity Group Intends To Acquire 51% Of Outstanding Stock
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Company Confirms It Has Been Advised That a Private Equity Group Intends to Acquire 51% of the Company's Outstanding Stock
Jul 31, 2008 11:31:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 07/31/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has been inundated with requests for information following certain statements in respect to a Private Equity Group acquiring up to 51% of this Company's shares of Common Stock.
We can confirm that this is now extremely likely, as a number of substantial restricted stockholders have confirmed to us this morning that they have sold their shares to this Private Equity Group today. We calculate that they will be in a position to obtain 51% of this Company by Monday August 4, 2008, if not before. It appears that this Private Equity Group has built up a substantial position of the Company's "free trading" stock over a period of some time.
The CEO and controlling stockholder of the Private Equity Group has confirmed that Alan Santini will remain as CEO of Fortress Financial Group, Inc. and that the Extraordinary Stock Dividend will proceed as announced. This is a pure "value play" for this Private Equity Group.
There is now little doubt that the same Private Equity Group intends to mount a takeover bid for Hunt Gold Corporation.
Alan Santini, the CEO of Fortress Financial Group, Inc., commented that they have his full support and that he was extremely comfortable with having a supportive controlling stockholder with deep pockets. Alan Santini added that the CEO and controlling stockholder of the Private Equity Group was well known to him for a long period of time and enjoyed his full trust and respect.
Stockholders can expect to see a number of Form 13(d) filings from this Private Equity Group being filed with SEC within the allotted ten day period as they build up their stake in the Company.
Company Confirms It Has Been Advised That a Private Equity Group Intends to Acquire 51% of the Company's Outstanding Stock
Jul 31, 2008 11:31:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 07/31/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has been inundated with requests for information following certain statements in respect to a Private Equity Group acquiring up to 51% of this Company's shares of Common Stock.
We can confirm that this is now extremely likely, as a number of substantial restricted stockholders have confirmed to us this morning that they have sold their shares to this Private Equity Group today. We calculate that they will be in a position to obtain 51% of this Company by Monday August 4, 2008, if not before. It appears that this Private Equity Group has built up a substantial position of the Company's "free trading" stock over a period of some time.
The CEO and controlling stockholder of the Private Equity Group has confirmed that Alan Santini will remain as CEO of Fortress Financial Group, Inc. and that the Extraordinary Stock Dividend will proceed as announced. This is a pure "value play" for this Private Equity Group.
There is now little doubt that the same Private Equity Group intends to mount a takeover bid for Hunt Gold Corporation.
Alan Santini, the CEO of Fortress Financial Group, Inc., commented that they have his full support and that he was extremely comfortable with having a supportive controlling stockholder with deep pockets. Alan Santini added that the CEO and controlling stockholder of the Private Equity Group was well known to him for a long period of time and enjoyed his full trust and respect.
Stockholders can expect to see a number of Form 13(d) filings from this Private Equity Group being filed with SEC within the allotted ten day period as they build up their stake in the Company.
FUTR | Future Now Group Test New Software WIth Clients
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Jul 31, 2008 8:00:00 AM
FAIRFIELD, CT -- (MARKET WIRE) -- 07/31/08 -- Future Now Group, Inc. (OTCBB: FUTR) ("FutureNow"), a recognized authority in online marketing optimization, today announced that it has started alpha testing with clients its new web-based subscription service that will be made available in a commercial beta release early this fall. FutureNow has given the service a code name "Dr. Phil" and is not disclosing the name to the market yet.
Bryan Eisenberg, EVP of FutureNow, said, "Customers will buy subscriptions to a web-based expert software-as-service system for continuous improvement of their online revenue goals. We solve the huge problem of how to prioritize and project manage online marketing optimization so that customers' existing resources are focused on the changes that will have the largest revenue impact. We've been doing this for ten years, nobody else matches that level of experience."
Jeffrey Eisenberg, CEO of FutureNow, said, "With the broad adoption of web analytics & testing tools, companies are now able to see how the vast majority of their website visitors simply aren't achieving the goals they planned for those visitors. 'Dr. Phil' takes these companies to a whole new level by being the only system capable of uncovering the specific problems and recommending the specific changes needed to fix them."
Dr. Phil doesn't replace any web analytics, testing or other marketing tool customers use today and it's not consulting-based either. The software complements the resources good marketers already employ. In fact, FutureNow expects many agencies and other resale partner channels to enthusiastically embrace a co-branded offering. It is a win-win for them and for their clients to have the expertise of FutureNow readily available on their clients' desktop. FutureNow partners will implement on behalf their clients the most efficient and impactful improvements to their clients' online marketing campaigns so that they achieve the highest ROI.
Jeffrey Eisenberg added, "FutureNow will be rolling out solutions for business to consumer, business to business, retail and lead generation businesses at various price levels. The goal is not only to make actionable analysis and superb recommendations available on demand to our current audience (larger companies) but also to offer it at price points that make it a must-have-service for small to medium size businesses. This will allow us to scale our business tremendously."
Jul 31, 2008 8:00:00 AM
FAIRFIELD, CT -- (MARKET WIRE) -- 07/31/08 -- Future Now Group, Inc. (OTCBB: FUTR) ("FutureNow"), a recognized authority in online marketing optimization, today announced that it has started alpha testing with clients its new web-based subscription service that will be made available in a commercial beta release early this fall. FutureNow has given the service a code name "Dr. Phil" and is not disclosing the name to the market yet.
Bryan Eisenberg, EVP of FutureNow, said, "Customers will buy subscriptions to a web-based expert software-as-service system for continuous improvement of their online revenue goals. We solve the huge problem of how to prioritize and project manage online marketing optimization so that customers' existing resources are focused on the changes that will have the largest revenue impact. We've been doing this for ten years, nobody else matches that level of experience."
Jeffrey Eisenberg, CEO of FutureNow, said, "With the broad adoption of web analytics & testing tools, companies are now able to see how the vast majority of their website visitors simply aren't achieving the goals they planned for those visitors. 'Dr. Phil' takes these companies to a whole new level by being the only system capable of uncovering the specific problems and recommending the specific changes needed to fix them."
Dr. Phil doesn't replace any web analytics, testing or other marketing tool customers use today and it's not consulting-based either. The software complements the resources good marketers already employ. In fact, FutureNow expects many agencies and other resale partner channels to enthusiastically embrace a co-branded offering. It is a win-win for them and for their clients to have the expertise of FutureNow readily available on their clients' desktop. FutureNow partners will implement on behalf their clients the most efficient and impactful improvements to their clients' online marketing campaigns so that they achieve the highest ROI.
Jeffrey Eisenberg added, "FutureNow will be rolling out solutions for business to consumer, business to business, retail and lead generation businesses at various price levels. The goal is not only to make actionable analysis and superb recommendations available on demand to our current audience (larger companies) but also to offer it at price points that make it a must-have-service for small to medium size businesses. This will allow us to scale our business tremendously."
TOGI | Tornado Gold Intl. To Drill Illipah: Potential For 7 Million Ounces Of Gold
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Jul 31, 2008 9:45:00 AM
RENO, NEVADA--(Marketwire - July 31, 2008) - Tornado Gold International Corp. (OTCBB:TOGI) (the "Company") has selected the Illipah property as its first drill program, based on results from its ongoing exploration program and historical data from previous exploration programs.
Between 1982 and 1992, Alta Gold produced 37,000 ounces (greater than $33,000,000 dollars at current gold prices) from an open pit at the north end of the Illipah property. A number of other groups have conducted exploration programs on the property, including Barrick Gold, Tenneco, Battle Mountain Gold, and Cyprus Gold.
Historically, from thirty four bore-holes drilled in previous exploration programs, one hole drilled by Battle Mountain Gold intersected 35 feet averaging 0.08 oz/ton gold at a depth of 750 feet. Similarly, Alta Gold intersected 20 feet of 0.27 oz/ton gold at 345 feet. Based on historical data from near-surface exploration of past programs, Tornado has derived a current resource estimate of 953,717 tons of ore grading 0.036 oz/ton gold for a total 34,657 oz/gold. These significant results have received no follow up to date. More importantly, drilling to date has not tested more promising, deeper formations on the Illipah property. Tornado Gold will focus the next phase of drilling operations on these deeper formations.
Research shows a geological setting at Illipah similar to that at Newmont's Rain deposit, located 65 miles northwest of Illipah. The Rain Mine reportedly hosts an average grade of 0.40 oz/ton gold and Newmont estimated the resource potential at over 2.0 million ounces of gold over a 4,500 foot strike length. Newmont originally mined the Rain as an open pit, but later discovered higher grade gold at depth. This discovery is now reflected in the exploration concept for economic mineralization at Illipah, where Tornado intends on exploiting the known low grade ore reserves at shallow depths of 300-500 feet, as well as targeting deep high grade ore bodies between 1000-2500 feet. The Illipah property could potentially host up to seven million ounces of Gold based upon current and historical surface and sub-surface geological data compiled to date.
Jul 31, 2008 9:45:00 AM
RENO, NEVADA--(Marketwire - July 31, 2008) - Tornado Gold International Corp. (OTCBB:TOGI) (the "Company") has selected the Illipah property as its first drill program, based on results from its ongoing exploration program and historical data from previous exploration programs.
Between 1982 and 1992, Alta Gold produced 37,000 ounces (greater than $33,000,000 dollars at current gold prices) from an open pit at the north end of the Illipah property. A number of other groups have conducted exploration programs on the property, including Barrick Gold, Tenneco, Battle Mountain Gold, and Cyprus Gold.
Historically, from thirty four bore-holes drilled in previous exploration programs, one hole drilled by Battle Mountain Gold intersected 35 feet averaging 0.08 oz/ton gold at a depth of 750 feet. Similarly, Alta Gold intersected 20 feet of 0.27 oz/ton gold at 345 feet. Based on historical data from near-surface exploration of past programs, Tornado has derived a current resource estimate of 953,717 tons of ore grading 0.036 oz/ton gold for a total 34,657 oz/gold. These significant results have received no follow up to date. More importantly, drilling to date has not tested more promising, deeper formations on the Illipah property. Tornado Gold will focus the next phase of drilling operations on these deeper formations.
Research shows a geological setting at Illipah similar to that at Newmont's Rain deposit, located 65 miles northwest of Illipah. The Rain Mine reportedly hosts an average grade of 0.40 oz/ton gold and Newmont estimated the resource potential at over 2.0 million ounces of gold over a 4,500 foot strike length. Newmont originally mined the Rain as an open pit, but later discovered higher grade gold at depth. This discovery is now reflected in the exploration concept for economic mineralization at Illipah, where Tornado intends on exploiting the known low grade ore reserves at shallow depths of 300-500 feet, as well as targeting deep high grade ore bodies between 1000-2500 feet. The Illipah property could potentially host up to seven million ounces of Gold based upon current and historical surface and sub-surface geological data compiled to date.
RVGD | Revenge Designs Inc Issues Progress Update
More Penny Stock News From The Pink Sheets
Jul 30, 2008 1:24:00 PM
DECATUR, IN -- (MARKET WIRE) -- 07/30/08 -- Revenge Designs Inc (PINKSHEETS: RVGD), a specialty car designer and production assembler, provides a corporate update to its shareholders.
Peter Collorafi, Revenge Designs, Inc President and CEO, stated:
Thank you to all our shareholders for their kind wishes and thoughts during my wife's illness.
Revenge Designs Inc is pleased to announce, although the American economy is facing some tough times, here at Revenge Designs we are sustaining a consistent growth in our company.
Last week we released our new redesigned Pontiac GTO sports front bumper fascia, now enabling us to fulfill customer backorders.
We are consistently moving forward, visiting Honda new car dealerships, promoting our Sports Honda Ridgeline.
The GTM Super Car, although we have made some extensive redesigning and fine tuning throughout the vehicle our first body will be in the paint shop next week. The redesigned engineering suspension tooling is also near completion. The suspension tooling will allow Revenge Designs to improve the design and fitment also eliminating the need to purchase Corvette donor parts.
In regards to Revenge Designs share structure in July 2008, the company's Authorized Common Stock was increased to 2,500,000,000 (two billion five hundred million) shares. Our Outstanding shares remain at 1,742,845,630 and the 2007/2008 504 is presently closed.
For our new shareholders that may have not been present in RVGD in the early stages, 50% of the funds and shares provided to Revenge Designs Inc were assigned to removing share holders with Promissory notes, allowing Revenge Designs Inc to stand alone and move forward.
Revenge Designs Inc is currently negotiating with two automotive companies in two separate Southern states of America, in view of being our first Satellite Centers. This will enable Revenge Designs to broaden customer awareness of all the Revenge Designs quality products and also vehicle sales assistance.
Jul 30, 2008 1:24:00 PM
DECATUR, IN -- (MARKET WIRE) -- 07/30/08 -- Revenge Designs Inc (PINKSHEETS: RVGD), a specialty car designer and production assembler, provides a corporate update to its shareholders.
Peter Collorafi, Revenge Designs, Inc President and CEO, stated:
Thank you to all our shareholders for their kind wishes and thoughts during my wife's illness.
Revenge Designs Inc is pleased to announce, although the American economy is facing some tough times, here at Revenge Designs we are sustaining a consistent growth in our company.
Last week we released our new redesigned Pontiac GTO sports front bumper fascia, now enabling us to fulfill customer backorders.
We are consistently moving forward, visiting Honda new car dealerships, promoting our Sports Honda Ridgeline.
The GTM Super Car, although we have made some extensive redesigning and fine tuning throughout the vehicle our first body will be in the paint shop next week. The redesigned engineering suspension tooling is also near completion. The suspension tooling will allow Revenge Designs to improve the design and fitment also eliminating the need to purchase Corvette donor parts.
In regards to Revenge Designs share structure in July 2008, the company's Authorized Common Stock was increased to 2,500,000,000 (two billion five hundred million) shares. Our Outstanding shares remain at 1,742,845,630 and the 2007/2008 504 is presently closed.
For our new shareholders that may have not been present in RVGD in the early stages, 50% of the funds and shares provided to Revenge Designs Inc were assigned to removing share holders with Promissory notes, allowing Revenge Designs Inc to stand alone and move forward.
Revenge Designs Inc is currently negotiating with two automotive companies in two separate Southern states of America, in view of being our first Satellite Centers. This will enable Revenge Designs to broaden customer awareness of all the Revenge Designs quality products and also vehicle sales assistance.
PNHL | Planet Nutrition Announces Store Expansion
Pink Sheets Penny Stock News
Jul 30, 2008 8:30:00 AM
WINSTON-SALEM, NC -- (MARKET WIRE) -- 07/30/08 -- Planet Nutrition Holdings, Inc. (PINKSHEETS: PNHL) announces new store expansion. Planet Nutrition's newest expansion will be in Pueblo West, Colorado. The latest store will be located in SuperNova Gym complex. SuperNova Fitness Center officially opened for business on July 22, 2008. The SuperNova Gym includes over 100,000 dollars of IM & M Holdings Equipment, offers a state of the art rehab facility and group Fitness Aerobic Classes. SuperNova fitness is in a prime traffic location right off the highway in one of the fastest growing areas of Colorado.
"We are really happy to be expanding once again, especially with this location. The location is right off the main intersection of Pueblo West, and the SuperNova Gym facility is a top notch facility, with high traffic," stated Dan Starczewski, President and CEO.
Jul 30, 2008 8:30:00 AM
WINSTON-SALEM, NC -- (MARKET WIRE) -- 07/30/08 -- Planet Nutrition Holdings, Inc. (PINKSHEETS: PNHL) announces new store expansion. Planet Nutrition's newest expansion will be in Pueblo West, Colorado. The latest store will be located in SuperNova Gym complex. SuperNova Fitness Center officially opened for business on July 22, 2008. The SuperNova Gym includes over 100,000 dollars of IM & M Holdings Equipment, offers a state of the art rehab facility and group Fitness Aerobic Classes. SuperNova fitness is in a prime traffic location right off the highway in one of the fastest growing areas of Colorado.
"We are really happy to be expanding once again, especially with this location. The location is right off the main intersection of Pueblo West, and the SuperNova Gym facility is a top notch facility, with high traffic," stated Dan Starczewski, President and CEO.
ERHE | ERHC Energy Updates Shareholders
OTCBB Penny Stock News
Jul 30, 2008 9:20:00 AM
HOUSTON, TX -- (MARKET WIRE) -- 07/30/08 -- The following update on Company activities was issued by Peter Ntephe, chief operating officer of ERHC Energy Inc. (OTCBB: ERHE), prior to the opening of the market on Wednesday, July 30, 2008.
"To ERHC Shareholders:
"I am pleased to update the ERHC Energy family on the company's recent progress.
"We are happy that the London Court of International Arbitration has resolved the distribution of interests on Joint Development Zone (JDZ) Block 4 so that we and our consortium partner can focus entirely on starting drilling in JDZ Block 4 as quickly as possible. The issue related to a nine percent portion of Block 4 that was recovered from another consortium partner that had failed to meet certain obligations. The arbitration process was useful in clarifying the terms of our Participation Agreement with Addax.
"As a result of the arbitration, ERHC now has a 19.5 percent interest in JDZ Block 4 (up from 17.7 percent). Addax Petroleum will continue to carry the costs associated with ERHC's total interests in the Block. Throughout the process, ERHC and Addax Petroleum maintained their close working relationship.
"Work continues on refurbishing the deepwater drillship Aban Abraham, which has been contracted by our technical partners Addax and Sinopec Corp. to commence drilling operations in the JDZ. We have posted a number of photographs of the ship on our Web site.
"Addax continues its efforts to mitigate delays in the delivery of Aban Abraham by looking for a rig of opportunity. Addax is still pointing to the possibility that drilling in JDZ Block 4 will commence in due course. I continue to caution that there are many contingencies that affect operations of this nature and guidance for when exploratory drilling may commence could change. We will look to the operators of each of the Blocks to make the relevant announcements.
"Also related to the JDZ, we understand that there have been reports on the status of our interests in Blocks 5 and 6. Our legal entitlement to those rights is recognized by international treaty and enshrined in comprehensive legal agreements. We remain committed to exploiting those rights. The Company is, however, working to understand the recently expressed concerns of representatives of the Democratic Republic of Sao Tome & Principe.
"Meanwhile, ERHC is moving forward with its growth strategy. We are looking at the opportunities for listing or acquiring a subsidiary listed on an appropriate Exchange such as the Alternative Investments Market of the London Stock Exchange. The move will provide the means, in terms of capital and structure, for growth of ERHC's asset portfolio.
"We consider this growth strategy essential to diversify and mitigate the risks associated with being entirely tied to just one set of core assets in Gulf of Guinea. We have been discussing these initiatives with potential investors through our presentations at the RedChip Small Cap Investors Conference in San Francisco, the Growth Company Investors Show in London, the Sub Saharan Africa Oil & Gas Conference in Houston. We also participated at the Nortia Capital Partners' Equities Conference by the Beach in Atlantic City. For those who have not been able to witness any of the presentations, a replay of the RedChip presentation is available online.
"The events gave us an opportunity to spread the word about ERHC's past and present, and its plans for the future. They also enabled us to engage personally with the investment community, to listen to questions and concerns, and to describe our vision for ERHC in the years to come. Our goal is to forge lasting and trusting relationships with investment bankers, fund managers, institutional investors, research analysts and the investment community as a whole. The feedback has been very positive and we are preparing to present at the 2008 Global Investment Symposium in Dubai, which runs October 26-28, 2008. It will of course take time to spread the message as far and as wide as we want but we have made it a priority to continue to tell ERHC's story to the larger investment community.
"Finally, work is well underway on ERHC's third quarter financial report for the period that ended June 30th. We shall hold an Investor Conference Call on August 12, 2008 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). To participate, please dial 877-890-0968 (domestic) or 706-902-1710 (international) five to ten minutes before the call begins and reference the pass code 57619351.
"A simultaneous live Webcast of the call will be available over the Internet and will be accessible by going to www.livemeeting.com/cc/erhcenergy/join and entering the Meeting ID: 7QC7M4 and Entry Code: 8JR#pbw.
"A replay of the call will be available from Tuesday, August 12, 2008 at 10:00 a.m. Eastern Time through August 19, 2008 by dialing 800-642-1687 (domestic) or 706-645-9291 (international) and providing the following replay code: 57619351. In addition, the Webcast will be available for replay until September 12, 2008 by going to www.livemeeting.com/cc/erhcenergy/join and entering the Meeting ID: 7QC7M4 and Entry Code: 8JR#pbw.
"ERHC Energy remains focused on enhancing value for the benefit of its shareholders. We continue to count on your trust and support."
Sincerely,
Peter Ntephe
Chief Operating Officer
Jul 30, 2008 9:20:00 AM
HOUSTON, TX -- (MARKET WIRE) -- 07/30/08 -- The following update on Company activities was issued by Peter Ntephe, chief operating officer of ERHC Energy Inc. (OTCBB: ERHE), prior to the opening of the market on Wednesday, July 30, 2008.
"To ERHC Shareholders:
"I am pleased to update the ERHC Energy family on the company's recent progress.
"We are happy that the London Court of International Arbitration has resolved the distribution of interests on Joint Development Zone (JDZ) Block 4 so that we and our consortium partner can focus entirely on starting drilling in JDZ Block 4 as quickly as possible. The issue related to a nine percent portion of Block 4 that was recovered from another consortium partner that had failed to meet certain obligations. The arbitration process was useful in clarifying the terms of our Participation Agreement with Addax.
"As a result of the arbitration, ERHC now has a 19.5 percent interest in JDZ Block 4 (up from 17.7 percent). Addax Petroleum will continue to carry the costs associated with ERHC's total interests in the Block. Throughout the process, ERHC and Addax Petroleum maintained their close working relationship.
"Work continues on refurbishing the deepwater drillship Aban Abraham, which has been contracted by our technical partners Addax and Sinopec Corp. to commence drilling operations in the JDZ. We have posted a number of photographs of the ship on our Web site.
"Addax continues its efforts to mitigate delays in the delivery of Aban Abraham by looking for a rig of opportunity. Addax is still pointing to the possibility that drilling in JDZ Block 4 will commence in due course. I continue to caution that there are many contingencies that affect operations of this nature and guidance for when exploratory drilling may commence could change. We will look to the operators of each of the Blocks to make the relevant announcements.
"Also related to the JDZ, we understand that there have been reports on the status of our interests in Blocks 5 and 6. Our legal entitlement to those rights is recognized by international treaty and enshrined in comprehensive legal agreements. We remain committed to exploiting those rights. The Company is, however, working to understand the recently expressed concerns of representatives of the Democratic Republic of Sao Tome & Principe.
"Meanwhile, ERHC is moving forward with its growth strategy. We are looking at the opportunities for listing or acquiring a subsidiary listed on an appropriate Exchange such as the Alternative Investments Market of the London Stock Exchange. The move will provide the means, in terms of capital and structure, for growth of ERHC's asset portfolio.
"We consider this growth strategy essential to diversify and mitigate the risks associated with being entirely tied to just one set of core assets in Gulf of Guinea. We have been discussing these initiatives with potential investors through our presentations at the RedChip Small Cap Investors Conference in San Francisco, the Growth Company Investors Show in London, the Sub Saharan Africa Oil & Gas Conference in Houston. We also participated at the Nortia Capital Partners' Equities Conference by the Beach in Atlantic City. For those who have not been able to witness any of the presentations, a replay of the RedChip presentation is available online.
"The events gave us an opportunity to spread the word about ERHC's past and present, and its plans for the future. They also enabled us to engage personally with the investment community, to listen to questions and concerns, and to describe our vision for ERHC in the years to come. Our goal is to forge lasting and trusting relationships with investment bankers, fund managers, institutional investors, research analysts and the investment community as a whole. The feedback has been very positive and we are preparing to present at the 2008 Global Investment Symposium in Dubai, which runs October 26-28, 2008. It will of course take time to spread the message as far and as wide as we want but we have made it a priority to continue to tell ERHC's story to the larger investment community.
"Finally, work is well underway on ERHC's third quarter financial report for the period that ended June 30th. We shall hold an Investor Conference Call on August 12, 2008 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). To participate, please dial 877-890-0968 (domestic) or 706-902-1710 (international) five to ten minutes before the call begins and reference the pass code 57619351.
"A simultaneous live Webcast of the call will be available over the Internet and will be accessible by going to www.livemeeting.com/cc/erhcenergy/join and entering the Meeting ID: 7QC7M4 and Entry Code: 8JR#pbw.
"A replay of the call will be available from Tuesday, August 12, 2008 at 10:00 a.m. Eastern Time through August 19, 2008 by dialing 800-642-1687 (domestic) or 706-645-9291 (international) and providing the following replay code: 57619351. In addition, the Webcast will be available for replay until September 12, 2008 by going to www.livemeeting.com/cc/erhcenergy/join and entering the Meeting ID: 7QC7M4 and Entry Code: 8JR#pbw.
"ERHC Energy remains focused on enhancing value for the benefit of its shareholders. We continue to count on your trust and support."
Sincerely,
Peter Ntephe
Chief Operating Officer
MICG | Microfield Group to Report 2008 Second Quarter Results August 5
More OTCBB Penny Stock News
Jul 30, 2008 4:35:00 PM
Copyright Business Wire 2008
PORTLAND, Ore.--(BUSINESS WIRE)--
Microfield Group, Inc. (OTCBB:MICG) today announced that its second quarter 2008 financial results will be issued after the market close on Tuesday August 5, 2008. The company will also hold a conference call with investors at 1:30 pm PDT on August 5, 2008.
To participate in the conference call, please dial 877-407-0781 or 201-689-8567 for international calls. A telephone replay of the conference call will be available until August 12, 2008 by calling 877-660-6853, or 201-612-7415 for international calls, and providing account number 286 and conference ID number 291877.
The live webcast of the conference call will be available through the Investor Relations section of the Microfield website (www.microfield.com). The webcast will also be available on this site for 90 days after the conference.
Jul 30, 2008 4:35:00 PM
Copyright Business Wire 2008
PORTLAND, Ore.--(BUSINESS WIRE)--
Microfield Group, Inc. (OTCBB:MICG) today announced that its second quarter 2008 financial results will be issued after the market close on Tuesday August 5, 2008. The company will also hold a conference call with investors at 1:30 pm PDT on August 5, 2008.
To participate in the conference call, please dial 877-407-0781 or 201-689-8567 for international calls. A telephone replay of the conference call will be available until August 12, 2008 by calling 877-660-6853, or 201-612-7415 for international calls, and providing account number 286 and conference ID number 291877.
The live webcast of the conference call will be available through the Investor Relations section of the Microfield website (www.microfield.com). The webcast will also be available on this site for 90 days after the conference.
UBHI | uBid.com Holdings Receives Invitation To Present At The 100th FSX Connect For Success Conference
Penny Stock News From The OTCBB
Asset Recovery Leader To Present In Chicago On The 25th Anniversary of FSX
Jul 30, 2008 8:00:00 AM
CHICAGO, July 30 /PRNewswire-FirstCall/ -- uBid.com Holdings, Inc. (OTC Bulletin Board: UBHI), a leading asset recovery solutions company for the world's most trusted brands, today announced the invitation of Chief Executive Officer Jeff Hoffman to present at the 25th Anniversary of the Financial Services Exchange's (FSX) Connect For Success Conference at Chicago's InterContinental Hotel.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO)
"We are honored to accept the invitation of such a well-respected organization," said Hoffman. "We are extremely excited to introduce our new business plan of providing the world's leading retailers and manufacturers a comprehensive, multi-channel asset recovery solution to the Connect For Success Conference."
uBid.com Holding's, Inc. is scheduled to present on Thursday, July 31, 2008 at 3:48 P.M. Eastern Time. The audio portion of the presentation will be will be available in the About Section of the Company's website http://www.ubid.com.
For more information please visit http://www.ubid.com.
Asset Recovery Leader To Present In Chicago On The 25th Anniversary of FSX
Jul 30, 2008 8:00:00 AM
CHICAGO, July 30 /PRNewswire-FirstCall/ -- uBid.com Holdings, Inc. (OTC Bulletin Board: UBHI), a leading asset recovery solutions company for the world's most trusted brands, today announced the invitation of Chief Executive Officer Jeff Hoffman to present at the 25th Anniversary of the Financial Services Exchange's (FSX) Connect For Success Conference at Chicago's InterContinental Hotel.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO)
"We are honored to accept the invitation of such a well-respected organization," said Hoffman. "We are extremely excited to introduce our new business plan of providing the world's leading retailers and manufacturers a comprehensive, multi-channel asset recovery solution to the Connect For Success Conference."
uBid.com Holding's, Inc. is scheduled to present on Thursday, July 31, 2008 at 3:48 P.M. Eastern Time. The audio portion of the presentation will be will be available in the About Section of the Company's website http://www.ubid.com.
For more information please visit http://www.ubid.com.
HFBV | Hall Of Fame Beverages Enters Into Agreement With Spencers Gifts
Penny Stocks News
Jul 30, 2008 10:00:00 AM
Copyright Business Wire 2008
LOS ANGELES--(BUSINESS WIRE)--
Hall of Fame Beverages, Inc. (Pinksheets: HFBV), is pleased to announce that they have entered into an agreement with Spencer's Gifts. This agreement will begin next month by delivering Atomic Dogg Energy Drink(R) to 20 of Spencer's stores. Spencer's, with over 600 stores located in malls across the country, has supplied innovative merchandise to the public for over 50 years. Mr. Calvin Ross, COO of Hall of Fame Beverages, states, "We know that our product Atomic Dogg Energy Drink(R) will appeal to Spencer's customers. Spencer's is known for providing unique costumes and gifts for people in the 18-25 age group. We know our products will appeal to all of Spencer's customers."
Jul 30, 2008 10:00:00 AM
Copyright Business Wire 2008
LOS ANGELES--(BUSINESS WIRE)--
Hall of Fame Beverages, Inc. (Pinksheets: HFBV), is pleased to announce that they have entered into an agreement with Spencer's Gifts. This agreement will begin next month by delivering Atomic Dogg Energy Drink(R) to 20 of Spencer's stores. Spencer's, with over 600 stores located in malls across the country, has supplied innovative merchandise to the public for over 50 years. Mr. Calvin Ross, COO of Hall of Fame Beverages, states, "We know that our product Atomic Dogg Energy Drink(R) will appeal to Spencer's customers. Spencer's is known for providing unique costumes and gifts for people in the 18-25 age group. We know our products will appeal to all of Spencer's customers."
NASV | National Automation Services Issues Operations Update
Jul 30, 2008 7:00:00 AM
Penny Stock News From Around The Pink Sheets
LAS VEGAS, NV -- (MARKET WIRE) -- 07/30/08 -- National Automation Services, Inc. (www.n-a-s-inc.com) (PINKSHEETS: NASV), a public holding company for regional automation control companies, provides an update on current and future operations.
National Automation Services, Inc. ("NAS"), its wholly owned subsidiaries Intuitive System Solutions, Inc. ("ISS") and Intecon, Inc. ("INT") are pleased to announce the addition of 10 new employees within the first seven months of the current fiscal year. The Company anticipates hiring an additional 10 to 15 employees at corporate and throughout our wholly owned subsidiaries to arrive at a total of approximately 40 employees by year-end.
The consolidated backlog of awarded contracts has remained consistent at approximately $6,000,000.00 through the performance of current contracts and additions of newly awarded contracts within the first seven months of operations. Additionally, the company has approximately $4,500,000.00 in outstanding proposals which are anticipated to be awarded by the end of August. The consolidated backlog of awarded contracts is forecasted to exceed $10,000,000.00 by the end of August with varying terms of completion ranging from 12 to 15 months.
NAS is also pleased to announce the recent addition of a mergers and acquisitions (M&A) team with a proven historical track record of seasoned industry expertise, research capabilities, and a highly developed network of national and international contacts to provide a solid base for identifying and evaluating potential target acquisitions to ensure our acquisition and integration strategies are successfully achieved.
After months of negotiations, NAS has been selected by a fortune 100 Company (identity pending legal review) to become a "Solutions Provider" and work closely and exclusively with their distribution network to grow the municipal water and wastewater segment specifically in the Western U.S. The contract with this worldwide manufacturer and provider of automation and controls products is significant as it adds considerable resources to the company. The name and contract specifics will be released once approval is given by their legal department.
Bob Chance, CEO, stated: "Our current backlog of work in progress is impressive based on the current economy, and this further illustrates how unaffected our industry is to the recent downturn. Municipal and industrial projects are usually budgeted and planned for years in advance which is obvious by our growing backlog. This coupled with low interest rates has actually spurred new projects for expansion and upgrading of facilities by our clients which was unexpected.
Penny Stock News From Around The Pink Sheets
LAS VEGAS, NV -- (MARKET WIRE) -- 07/30/08 -- National Automation Services, Inc. (www.n-a-s-inc.com) (PINKSHEETS: NASV), a public holding company for regional automation control companies, provides an update on current and future operations.
National Automation Services, Inc. ("NAS"), its wholly owned subsidiaries Intuitive System Solutions, Inc. ("ISS") and Intecon, Inc. ("INT") are pleased to announce the addition of 10 new employees within the first seven months of the current fiscal year. The Company anticipates hiring an additional 10 to 15 employees at corporate and throughout our wholly owned subsidiaries to arrive at a total of approximately 40 employees by year-end.
The consolidated backlog of awarded contracts has remained consistent at approximately $6,000,000.00 through the performance of current contracts and additions of newly awarded contracts within the first seven months of operations. Additionally, the company has approximately $4,500,000.00 in outstanding proposals which are anticipated to be awarded by the end of August. The consolidated backlog of awarded contracts is forecasted to exceed $10,000,000.00 by the end of August with varying terms of completion ranging from 12 to 15 months.
NAS is also pleased to announce the recent addition of a mergers and acquisitions (M&A) team with a proven historical track record of seasoned industry expertise, research capabilities, and a highly developed network of national and international contacts to provide a solid base for identifying and evaluating potential target acquisitions to ensure our acquisition and integration strategies are successfully achieved.
After months of negotiations, NAS has been selected by a fortune 100 Company (identity pending legal review) to become a "Solutions Provider" and work closely and exclusively with their distribution network to grow the municipal water and wastewater segment specifically in the Western U.S. The contract with this worldwide manufacturer and provider of automation and controls products is significant as it adds considerable resources to the company. The name and contract specifics will be released once approval is given by their legal department.
Bob Chance, CEO, stated: "Our current backlog of work in progress is impressive based on the current economy, and this further illustrates how unaffected our industry is to the recent downturn. Municipal and industrial projects are usually budgeted and planned for years in advance which is obvious by our growing backlog. This coupled with low interest rates has actually spurred new projects for expansion and upgrading of facilities by our clients which was unexpected.
JECI | Jericho Energy Announces Estimated Output In Eleven Wells
Oil Penny Stocks In The News
Jul 30, 2008 8:30:00 AM
TAMPA, FL -- (MARKET WIRE) -- 07/30/08 -- Jericho Energy Company Inc. (PINKSHEETS: JECI) announced today that it has recently engaged the services of Thrust Resources, based in Texas, to perform a spot study with state-of-the-art Radiometric Plus technology on their 11,000 acre leased area located in Rush Valley, Utah. These tests were to find the exact locations for the first 11 wells to be drilled on the property. Although the final report won't be out for about 2 weeks, the initial results of these tests have been even more lucrative than the company first anticipated, with an estimated average output of between 600 and 900 barrels per well per day, according to analysts for Jericho Energy.
Vice President Joseph Abdo stated, "All of us at Jericho Energy are thrilled with the results of these tests. Because Radiometric Plus has a 95% accuracy rate, we are very confident in the 600-900 barrel a day estimate. As soon as the final report is put out, we will start on the initial infrastructure at the well sites, which we are projecting to take about 60 days to complete. Jericho is right on schedule to commence drilling in November of this year."
Jul 30, 2008 8:30:00 AM
TAMPA, FL -- (MARKET WIRE) -- 07/30/08 -- Jericho Energy Company Inc. (PINKSHEETS: JECI) announced today that it has recently engaged the services of Thrust Resources, based in Texas, to perform a spot study with state-of-the-art Radiometric Plus technology on their 11,000 acre leased area located in Rush Valley, Utah. These tests were to find the exact locations for the first 11 wells to be drilled on the property. Although the final report won't be out for about 2 weeks, the initial results of these tests have been even more lucrative than the company first anticipated, with an estimated average output of between 600 and 900 barrels per well per day, according to analysts for Jericho Energy.
Vice President Joseph Abdo stated, "All of us at Jericho Energy are thrilled with the results of these tests. Because Radiometric Plus has a 95% accuracy rate, we are very confident in the 600-900 barrel a day estimate. As soon as the final report is put out, we will start on the initial infrastructure at the well sites, which we are projecting to take about 60 days to complete. Jericho is right on schedule to commence drilling in November of this year."
UNCO | Unico, Inc Receives $235,000 In Funding
OTCBB Penny Stock News
Jul 29, 2008 10:00:00 AM
SAN DIEGO, CA -- (MARKET WIRE) -- 07/29/08 -- Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the receipt of an additional $235,000 in financing through the sale of four new convertible debentures to Moore Investment Holdings, LLC, a Nevada limited liability company.
Details of the financing are included in a Form 8-K filed with the Securities and Exchange Commission on July 28, 2008.
The funding is being utilized to continue upgrades and improvements to the floatation circuit at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC, recently announced the completion of the floatation circuit at the mill and processing facility at the Deer Trail Mine. Repairs and improvements have recently been undertaken in order to facilitate more effective and efficient operations at the mill, and the company looks forward to the next steps at the facility, which are expected to include the production of concentrates.
The $235,000 in funding includes convertible debentures of $10,000 dated July 14, 2008; $25,000 dated July 16, 2008; $100,000 dated July 18, 2008; and $100,000 dated July 23, 2008.
Including the $235,000 received as a result of these debentures, Unico has received a total of $1,415,000 in financing since the beginning of the 2008 calendar year to help stimulate operations at the Deer Trail Mine.
"This funding comes at an important time for the company as we complete upgrades and refinements to the floatation circuit at the Deer Trail mill facility," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We expect to provide additional information on the status of our project at the Deer Trail Mine in the coming days, including preparations for potential future underground mining activities at the site."
Jul 29, 2008 10:00:00 AM
SAN DIEGO, CA -- (MARKET WIRE) -- 07/29/08 -- Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the receipt of an additional $235,000 in financing through the sale of four new convertible debentures to Moore Investment Holdings, LLC, a Nevada limited liability company.
Details of the financing are included in a Form 8-K filed with the Securities and Exchange Commission on July 28, 2008.
The funding is being utilized to continue upgrades and improvements to the floatation circuit at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC, recently announced the completion of the floatation circuit at the mill and processing facility at the Deer Trail Mine. Repairs and improvements have recently been undertaken in order to facilitate more effective and efficient operations at the mill, and the company looks forward to the next steps at the facility, which are expected to include the production of concentrates.
The $235,000 in funding includes convertible debentures of $10,000 dated July 14, 2008; $25,000 dated July 16, 2008; $100,000 dated July 18, 2008; and $100,000 dated July 23, 2008.
Including the $235,000 received as a result of these debentures, Unico has received a total of $1,415,000 in financing since the beginning of the 2008 calendar year to help stimulate operations at the Deer Trail Mine.
"This funding comes at an important time for the company as we complete upgrades and refinements to the floatation circuit at the Deer Trail mill facility," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We expect to provide additional information on the status of our project at the Deer Trail Mine in the coming days, including preparations for potential future underground mining activities at the site."
UCSO | United Consortium Announces Availability Of USB Internet Radio Player
Pink Sheets Penny Stock News
Jul 29, 2008 4:00:00 PM
FORT LAUDERDALE, FL -- (MARKET WIRE) -- 07/29/08 -- United Consortium, Ltd. (PINKSHEETS: UCSO), an international distributor of branded consumer goods, today announced the availability of the Ezonics™ eRadio Anywhere USB internet radio player and recorder.
Internet radio (also known as web radio, net radio, streaming radio and e-radio) is an audio broadcasting service transmitted via the Internet. An April 2008 Arbitron/Edison survey showed that more than one in seven persons aged 25-54 years old listen to online radio each week. The same study showed that in 2008, 13 percent of the American population listened to the radio online, compared with 11 percent in 2004.
"We are pleased to be adding the Ezonics eRadio to our product line-up," said Gonzalo Lage, President of United Consortium. "The Ezonics brand coupled with the exciting simplicity of this product is sure to make this one of our most popular items."
With the eRadio Anywhere, users can hear and record radio stations from any city, state or country on their PC. The eRadio Anywhere is an ultra-slim, light weight portable device which enables simple access to over 12,000 internet radio stations anywhere there is an internet connection. This product is a must have for people who like to hear and record radio stations on their computers, travelers who wish to listen to their hometown music and news, and listeners who enjoy foreign or domestic music and news. The built-in USB 2.0 high-speed connector makes setup and docking to a personal computer very easy.
Jul 29, 2008 4:00:00 PM
FORT LAUDERDALE, FL -- (MARKET WIRE) -- 07/29/08 -- United Consortium, Ltd. (PINKSHEETS: UCSO), an international distributor of branded consumer goods, today announced the availability of the Ezonics™ eRadio Anywhere USB internet radio player and recorder.
Internet radio (also known as web radio, net radio, streaming radio and e-radio) is an audio broadcasting service transmitted via the Internet. An April 2008 Arbitron/Edison survey showed that more than one in seven persons aged 25-54 years old listen to online radio each week. The same study showed that in 2008, 13 percent of the American population listened to the radio online, compared with 11 percent in 2004.
"We are pleased to be adding the Ezonics eRadio to our product line-up," said Gonzalo Lage, President of United Consortium. "The Ezonics brand coupled with the exciting simplicity of this product is sure to make this one of our most popular items."
With the eRadio Anywhere, users can hear and record radio stations from any city, state or country on their PC. The eRadio Anywhere is an ultra-slim, light weight portable device which enables simple access to over 12,000 internet radio stations anywhere there is an internet connection. This product is a must have for people who like to hear and record radio stations on their computers, travelers who wish to listen to their hometown music and news, and listeners who enjoy foreign or domestic music and news. The built-in USB 2.0 high-speed connector makes setup and docking to a personal computer very easy.
TEWI | Titan Energy Worlwide To Demonstrate Sentry 5000(TM)
Penny Stock News
Jul 29, 2008 10:36:00 AM
MINNEAPOLIS, MN -- (MARKET WIRE) -- 07/29/08 -- Titan Energy Worldwide, Inc. (OTCBB: TEWI), a leader in manufacturing, marketing and servicing of energy generation products and services, will showcase the Sentry 5000(TM) Mobile Utility System to Regional National Guard, Emergency Management Officials and First Responders in flood affected areas outside St. Louis, Missouri on August 4th, 2008.
As flood recovery efforts continue throughout the devastated region, officials have requested a demonstration of the Sentry to regional response teams as a complement to the team's emergency response fleet. Of interest is the Sentry 5000(TM)'s water purification system, which provides 3,600 gallons of purified drinking water per day through its state-of-the-art, 5-stage reverse osmosis purification process. Floodwaters contaminated with a toxic combination of sewage, farm runoff and petroleum products are raising concerns over the availability of clean drinking water as the affected areas work to clean-up and rebuild the worst hit areas. The Sentry 5000(TM) can provide drinking water, along with electrical power and cooling to support response teams in their efforts.
According to Dean Pellegata, Business Development Manager for Titan Energy, "The opportunity to present the Sentry 5000(TM) to officials actively in 'disaster response mode' will be an ideal forum to demonstrate its many capabilities. The integration of multiple utilities into a single, towable unit with no loose pieces to assemble and a single push button start save precious time when arriving onsite. The Sentry also allows rescue teams the flexibility to quickly deploy power, water and cooling from one location to the next as rescue efforts expand across the region."
Jul 29, 2008 10:36:00 AM
MINNEAPOLIS, MN -- (MARKET WIRE) -- 07/29/08 -- Titan Energy Worldwide, Inc. (OTCBB: TEWI), a leader in manufacturing, marketing and servicing of energy generation products and services, will showcase the Sentry 5000(TM) Mobile Utility System to Regional National Guard, Emergency Management Officials and First Responders in flood affected areas outside St. Louis, Missouri on August 4th, 2008.
As flood recovery efforts continue throughout the devastated region, officials have requested a demonstration of the Sentry to regional response teams as a complement to the team's emergency response fleet. Of interest is the Sentry 5000(TM)'s water purification system, which provides 3,600 gallons of purified drinking water per day through its state-of-the-art, 5-stage reverse osmosis purification process. Floodwaters contaminated with a toxic combination of sewage, farm runoff and petroleum products are raising concerns over the availability of clean drinking water as the affected areas work to clean-up and rebuild the worst hit areas. The Sentry 5000(TM) can provide drinking water, along with electrical power and cooling to support response teams in their efforts.
According to Dean Pellegata, Business Development Manager for Titan Energy, "The opportunity to present the Sentry 5000(TM) to officials actively in 'disaster response mode' will be an ideal forum to demonstrate its many capabilities. The integration of multiple utilities into a single, towable unit with no loose pieces to assemble and a single push button start save precious time when arriving onsite. The Sentry also allows rescue teams the flexibility to quickly deploy power, water and cooling from one location to the next as rescue efforts expand across the region."
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