Penny Stock LTHU: LTHU Stock: Lithium Technology Corporation Speeds Ahead With Advanced Race Car Battery
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The Apollo supercar passed the finish line at the Nurburgring 24 hour race on
John Fleming, CEO of GameZnFlix, Inc. (OTCBB: GMFX Penny Stocks), an online provider of video games and movies for rent or purchase, said today that video gamers can't be stereotyped.
"Ask someone to picture a typical video game player," says Mr. Fleming, "And they'll imagine an 18-to-24-year-old male living on pizza and swilling Mountain Dew while shooting all manner of imaginary enemies in games such as 'Doom,' 'Halo,' 'Grand Theft Auto,' 'Street Fighter' and the like. The reality is, there's a lot more to video games than bullets and blood."
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Clacendix, Inc., formerly ION Networks, Inc., (OTCBB: IONN Pennystocks) today announced that on December 31, 2007, it consummated the transaction presented in a proxy statement, filed December 10, 2007 with the Securities and Exchange Commission, whereby Cryptek, Inc. (“Cryptek”), a privately owned, leading manufacturer of dynamic and trusted identity and access control solutions, purchased substantially all of the assets of ION Networks, Inc. for $3.2 million plus the assumption of certain liabilities.
Ms. Judy Lindstrom, the newly elected chairperson of Oncologix Tech, Inc. (OTCBB: OCLG), released the following statement today:
"Although we have suspended operations due to insufficient capital, all those with an interest in our Company should be assured that the officers and directors are continuing efforts to raise funds or enter into arrangements to permit us to resume the development of the Oncosphere product. Testing to date has demonstrated that Oncosphere provides features sought by physicians and patients, such as improved predictability of radiation and microsphere content and the ability to image the treatment post delivery. We remain convinced that the Oncosphere product is an important advancement for microsphere brachytherapy and patients with liver cancer."
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Juniper Group, Inc. (OTCBB:JUNI Stocks Penny) (“Juniper”) a wireless communications contractor, specializing in tower erection, extension, modifications as well as cellular wireless, broadband and microwave system installations has contracted with Complete Tower Sources, Inc. Complete Tower Sources, Inc. (“CTSI”) provides services to the wireless industry throughout the Gulf Coast region. Its customers include the top four wireless operators, two of the most respected program management companies and various government entities. CTSI is a subsidiary of Charys Holding Company which provides telecommunications infrastructure and general business services though its subsidiaries. Juniper was awarded bids to work in Mississippi to provide technology upgrades, equipment modification, reconfiguration of lines and antennas and sweep tests. Based on the quality and timely delivery of work by Juniper to date in Jackson, MS, Juniper will look to CTSI to get involved with CTSI’s 300 tower upgrade in Louisiana and to assist in raw land site development for its new sites in the New Orleans, LA area in early 2008. The first phase of work in Jackson, MS has been completed, and has resulted in an additional $151,000 of revenue in the fourth quarter.
Hathaway's Shareholders to Receive Dividend Shares in Transaction Hathaway Corporation
Hathaway further announced that upon successful completion of the listing, the Company's shareholders will receive dividend shares in the newly listed company, based on a ratio of Hathaway shares held as of the ex-dividend date. The exact ratio and ex-dividend date are to be announced.
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On December 7, 2007, Purio Inc. (the "Company") (OTCBB: PURO stock message boards) entered into a Share Exchange Agreement (the "Agreement") with Purio Environmental Water Source, Inc. ("Purio"), a private Nevada corporation, and the shareholders of Purio. For a copy of the Agreement, please view the Company's current report on Form 8-K filed with the United States Securities and Exchange Commission on December 7, 2007.
Urigen Pharmaceuticals, Inc. (OTCBB: URGP, http://www.urigen.com Penny Stocks), a specialty pharmaceutical company focused on the development and commercialization of treatments for urological disorders, has appointed Professor Christian Stief, MD, to the Company’s Scientific Advisory Board.
IndieMV Media Group, Inc. and Jake's Trucking International Inc. (OTCBB: JKTI Penny Stocks) announced that the acquisition of IndieMV Media Group, Inc. was completed Dec 24, 2007. Further details of the transaction can be found in the Form 8K filed by the Company with the Securities and Exchange Commission today.
Shareholders of Jake's Trucking International, Inc. voted to change the name of the Company to IndieMV Media Group, Inc. Changing the name will become effective as soon as all appropriate notice and filing requirements have been met.
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Tombstone Cards (OTCBB: TMCI Pennystocks) has filed a patent application for OIEPrint™, the company’s Web-based graphics customization software, with the U.S. Patent and Trademark Office.
Developed over the last two years, OIEPrint is a Web-based application that allows individuals to create high-resolution, print-ready graphics. Designed for use by print shops and product customizers, OIEPrint users can start the design process by selecting from a variety of customizable templates, upload photos, logos and graphics from their desktop files and then add Rich Text or even Text-Along-a-Path. The final output not only provides print-ready graphics at 300 dpi (dots per inch) but saves the design work in separate layers in the SQL database for future editing.
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Legend International Holdings, Inc (OTCBB:LGDI) (a Delaware Corporation) with projects in Queensland and the Northern Territory of Australia, announces that it has entered into an agreement to earn an 80% interest in phosphate deposits on three tenement blocks in Queensland, Australia. This consolidates Legend’s phosphate holdings in the Georgina Basin in Queensland, Australia.
Legend’s main focus is the Lady Annie and Lady Jane projects where previous detailed drilling has delineated historical phosphate deposits with a completed economic feasibility study.
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2007 has been a transitional year in the application of information technology within the Wealth Management industry, as more firms are adopting sophisticated front end Client Relations Management systems in the quest for enhanced service quality and operating efficiencies, according to Kelly Tallas, CEO of WealthCraft Systems Inc. (OTCBB:WCSY Pennystocks), a leading IT solution provider for financial institutions in the Asia Pacific region.
Electronic Sensor Technology (OTCBB:ESNR Penny Stocks), a leading manufacturer of ultra-fast vapor analyzers, announced that they have signed an agreement with the convertible debenture holders which postpones the first principal payment until April 1, 2008.
Empire Energy Corporation International (OTCBB: EEGC Stock Message Boards) (the "Company") announced today that its wholly owned subsidiary Great South Land Minerals Ltd (GSLM) signed a contract on December 14th, 2007 with Hunt Energy & Mineral Co. - Australia Pty Ltd on drilling its exploration wells.
Hunt Energy is planning to begin mobilizing its Rig #3 after the New Year. GSLM estimates it will take about 60 days for the rig from Adelaide (Aust.) to be mobilized and the relevant Ministerial permits to be obtained. First exploration well to be drilled will be Bracknell #1, located on GSLM's Special Exploration License 13/98, slightly north of the town of Tunbridge.
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Timberline Resources Corporation (OTCBB:TBLC Penny Stock) announced today that James H. Moore will join its Board of Directors, effective January 1, 2008. Mr. Moore has more than 30 years of experience in senior level financial management within the mining sector. He is currently the CFO of Mines Management, Inc. and was previously the CFO of Idaho General Mines, Inc.
Timberline Executive Chairman John Swallow stated, "Jim Moore brings extensive financial management experience to the Company, both domestic and international in scope and ranging from early-stage ventures to large-scale operators. He also brings an outstanding track record of success. In appointing an additional independent director with a strong financial background, we believe that we have satisfied the conditions necessary for listing on the American Stock Exchange. We were careful and deliberate in making this appointment to our Board and are very pleased that Jim has accepted our invitation."
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U.S. Geothermal Inc. ("U.S. Geothermal") (TSX:GTH)(OTCBB:UGTH Stocks Penny), a renewable energy company focused on the production of electricity from geothermal energy, announced a progress update on the company's Unit One geothermal power plant at Raft River, Idaho.
Construction activities associated with the Unit One plant were completed this month when the power plant contractor, Ormat Nevada, achieved substantial completion under the terms of the engineering, construction and procurement contract. The plant operated under a test phase of power production from October 18 to 23. After a number of start-up mechanical issues were successfully addressed, the plant was restarted on November 22 and is continuing operations. Plant operations are dependent upon maintaining a sufficient pressure regime in the production wells. The operating staff continues to learn about each well's capabilities and the relationship of injection pressure to production. The test phase is ongoing to allow for a fuller understanding of the geothermal resource capability. The net electrical power output of the plant is currently between 8 and 9 megawatts. With four production wells in operation, the maximum and minimum gross electrical output achieved by the plant to date was 14.4 and 9.5 megawatts respectively. The maximum and minimum net electrical output achieved by the plant to date was 9.4 and 7.1 megawatts respectively. The output of the plant is being sold to Idaho Power Company and sales are limited to 10 megawatts average per month under the terms of the existing power purchase agreement. The plant is designed to produce an annual average net output of 13 megawatts.
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Jaguar Acquisition Corporation (OTCBB: JGAC) (OTCBB: JGACW Pennystock), a special purpose acquisition company ("Jaguar"), today announced that its merger candidate China Cablecom Ltd. ("China Cablecom"), an emerging consolidated cable network operator in the highly-populated Shandong province in the People's Republic of China (PRC), today appointed Colin Sung to the Company's Board of Directors.
BOOMj.com, Inc.(TM) announces completion of reverse merger into Reel Estate Services, Inc. (OTCBB: RLET Penny Stock). BOOMj.com's executive team will maintain control of the new publicly traded entity which provides a niche portal, social network and e-commerce store serving Baby Boomers and Generation Jones. This merger gives BOOMj.com access to the public markets providing greater growth opportunities. The public company will immediately file for a name change to BOOMj.com, Inc.
CytoCore Inc. (OTCBB:CYOE Stocks Penny), the biopharmaceutical research and medical device company for early detection and treatment of reproductive-tract cancers, announced today the appointment of Augusto Ocana, MD, JD as President, International Operations.
Dr. Ocana has extensive experience in the global pharmaceutical and medical device industries. His career spans over 20 years leading both start-up and mature, multi-billion dollar companies. Ocana has substantial expertise in distribution, strategic partnering, and business development.
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Transaction Results in New Publicly Traded IT / Telecom Venture
LOUISVILLE, Ky. and COLUMBUS, Ohio, Dec. 28, 2007 (PRIME NEWSWIRE) -- Suncrest Global Energy Corp. (OTCBB:SGEG Penny Stocks) today announced that it has entered into a share exchange with Beacon Enterprise Solutions Group, Inc. (website: www.askbeacon.com). The transaction closed on December 20, 2007. Under the terms of the transaction, the shareholders of Beacon received 9,491,900 shares of Suncrest common stock, constituting a majority of Suncrest's 10,468,021 outstanding common shares as of the closing date, in exchange for 100% of the outstanding common shares of Beacon. After the share exchange, Beacon's officers assumed management control of the Company. Immediately prior to the closing of the transaction with Suncrest, Beacon completed the acquisition of the following IT/Telecom businesses: Advance Data Systems, Inc., d/b/a ADSnetcurve, Louisville, KY; CETCON Incorporated, Cincinnati, OH; Strategic Communications, LLC, Louisville, KY and; Bell-Haun Systems, Inc., Columbus, OH (the "Initial Acquisitions"). These businesses have operating histories ranging from 11 to 30 years. Additional transaction details have been filed with the Securities and Exchange Commission on Schedule 14F-1 and Form 8-K. The Company intends to change its name to Beacon Enterprise Solutions Group, Inc.
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Analyst Lytel cites Pacific Gold Corp.’s suspension of gold production and elevated liquidity concerns, while valuable intact assets and a proposed public spin-off hold potential to unlock shareholder value and potential funding.
(Investrend Research Syndicate) Analyst Kipley J. Lytel, CFA, applying a “Hold/3” rating in a Benchmark Research Update, dated December 21, 2007, published by Investrend Research, cites Pacific Gold Corp.’s (OTCBB: PCFG Pennystock) suspension of gold production thru mid-2008 for elevated liquidity concerns, while valuable intact assets and the proposed spin-off of Pilot Mountain hold potential to unlock shareholder value and offer a potential funding source.
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LOS ANGELES, Dec. 28, 2007 (PRIME NEWSWIRE) -- eWorld Interactive (OTCBB:EWIN) continues to make progress, according to an Analyst Report available from IPOdesktop.com.
eWorld Interactive is a second-generation media and entertainment portal in Mainland China and other Asian markets.
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QSGI, Inc. (OTCBB: QSGI Penny Stocks), the only provider of a full suite of information technology services to help corporations better manage hardware assets, maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced it has entered into an agreement to provide data security and compliance services to one of the world’s largest labeling solution providers. The company operates over 40 production facilities in North America, Europe, Latin America and Asia, and specializes in providing specialty labeling and packaging solutions for consumer and health care industries.
Edward Spink, TurboSonic's CEO commented, "This is the latest in a series of orders from this major customer. The design goes beyond current environmental regulations, to permit catalytic operation of the downstream thermal oxidizer. This will reduce natural gas consumption and operating costs, as well as the mill's carbon footprint from CO2 greenhouse gas emissions. The installation will be a "first of its kind" in the industry, incorporating recently patented and patent-pending innovative design features for more effective emissions control and reduced maintenance and operating costs."
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Hybrid Technologies, Inc. (OTCBB: HYBT) (www.hybridtechnologies.com), emerging leaders in the development and marketing of lithium-powered products worldwide, at the annual meeting of stockholders held on Friday, December 21, 2007, the stockholders of Hybrid Technologies, Inc. approved the following matters which have been previously approved by Hybrid's Board of Directors:
1. Election of Directors and Authorized Share Increase - Stockholders have elected our current four directors for additional one-year terms and approved an increase in the number of shares of our authorized common stock from 50,000,000 to 250,000,000. A motion approved by a majority of stockholders also recommended to the Board to implement a one-for-seven reverse split of our common stock.
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Rapid Link, Inc. (OTCBB: RPID Pennystock), a leading provider of broadband and communication services to rural and niche markets, announced today that it has conducted a "webcast" interview with the Zangani Investor Community to discuss current developments within the company.
Chris Canfield, President of Rapid Link, Inc., was interviewed by the Zangani Investor Community and the "webcast" is available for immediate playback at: http://www.zangani.com/webcasts/20071221/rpid and also through a free subscription to the iTunes music store Zangani Channel.
About Rapid Link, Inc.
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Qualmark Corporation (OTCBB: QMRK Pennystocks), a world leader in designing, manufacturing and marketing HALT (Highly Accelerated Life Testing), HASS (Highly Accelerated Stress Screening) and electrodynamic systems, announced today that the Company has raised $600,000 in new capital, in a private placement of 781,250 shares of common stock and warrants. The offering was placed with The Roser Partnership III, SBIC, LP and affiliates.
"We are pleased with the confidence shown by The Roser Partnership's continued investment in Qualmark," stated Andy Drenick, the Company's President and CEO. "We continue to see significant opportunities throughout the marketplace. This funding should provide us with the additional capability to further expand our sales and marketing efforts."
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PCS Edventures!.com, Inc. (OTCBB: PCSV) today announced that Shannon M. Stith has resigned as Vice President and CFO effective January 15, 2008, after which she will be employed on a part-time basis until a qualified replacement is determined.
Tony Maher, PCS CEO, said, "In a perfect world, we would have had a bit more lead time and have had the opportunity for a more smooth transition, but we are thrilled for Shannon and her new opportunity. It simply was something she could not turn down and I fully support her going. We are in a national search for a CFO, who is also a CPA, because we feel like as we grow, we need to reach a certain level of sophistication in our CFO. In the meantime, I will act as Interim CFO until we finalize whom we will hire. Our current Assistant to the CFO, Krystal Wright, who already manages the day-to-day accounting functions, will remain."
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The holidays are a time of excitement and of family reunion. The season demands good food, reconnecting with family members and relaxation. Most holiday hosts have a good idea about what is required to create a cheery atmosphere, but any tips aimed at boosting festive comfort ought to be heard. Perhaps this year you have a newly disabled family member and want to do everything you can to make their holiday experience as pleasant as possible. Perhaps it's Grandma, who for the first time, can't walk on her own, or even a younger cousin, struck down by an accident or other life-altering disability.
Company Also Announced Formation of Titan Apparel to Operate under Titan Global Brands’ Growing Family of Products
Titan Global Holdings, Inc. (“Titan”) (OTCBB:TTGL), a high-growth diversified holding company, announced today that Titan Apparel Inc., the Company’s recently formed wholly owned subsidiary, purchased the majority of all of the assets of Global Brand Marketing, Inc. (GBMI), including inventory, accounts receivable and intellectual property assets. Titan expects to aggressively and profitably market brands worldwide with high quality and well designed products supported by strong and distinct marketing strategies.
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Closes out Record Year of Operations
WWA Group, Inc. (OTCBB: WWAG Stocks Forum) today announced the successful conclusion of the most recent auction held at WWA Group's new Dubai facility during the period December 10 to 12, 2007.
Gross auction sales exceeded US$17.4 million and involved more than 330 registered bidders from 32 countries. Equipment consigned by 145 consignors from 13 countries, comprised of 1,380 items, was sold to 198 successful bidders.
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Maker of Test Equipment a Recent Spin-off from Agilent
Patriot Scientific Corporation (OTCBB:PTSC Stock Forums) announced today that Verigy Ltd. has purchased a Moore Microprocessor Patent™ (MMP) Portfolio license. Verigy is a premier automated test equipment (ATE) company with two decades of heritage in semiconductor testing.
“Verigy occupies an important position in the overall semiconductor industry,” said Jim Turley, president and CEO of Patriot Scientific. “As chips get more complex, it becomes harder to verify they work properly, and Verigy’s 1500+ employees make sure that our industry runs smoothly.”
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Genesis Pharmaceuticals Enterprises, Inc. (OTCBB:GTEC Stock Message Boards) ("Genesis" or the "Company"), a leading pharmaceutical company in the People's Republic of China, today announced that it had launched its newest product Baobaole chewable tablets for sale throughout China.
Santa Fe Gold Corp (OTC Bulletin Board: SFEG Stock Forums), a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, announced that it has entered into definitive agreements regarding the private placement of senior secured convertible debentures and common stock purchase warrants to a single investor for an aggregate purchase price of $13,500,000. The net proceeds will be used primarily for development of the Summit Silver-Gold Mine, located in New Mexico. The debentures and warrants will be issued in accordance with a pre-determined funding schedule corresponding to the project’s anticipated construction requirements during 2008.
Wentworth Energy, Inc. (OTCBB:WNWG) is pleased to announce the appointment of David W. Steward as the corporation's new Chief Executive Officer and Chairman of the Board of Directors. Concurrent with the appointment of Mr. Steward, Wentworth Energy also announced that John Punzo, the corporation's current CEO and Chairman, has resigned his position with the Company. Mr. Punzo will remain as a director.
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CEO of MediaNet Expects Several New Contracts in Early 2008 Resulting From Increasing Interest in Leading Online Mall Developer MediaNet Group Technologies, Inc. (OTCBB: MEDG), a leading developer of private branded web malls and online affinity programs through its BSP Rewards subsidiary, announced today an agreement to build a private branded rewards mall for EDebitPay, LLC (www.edebitpay.com), one of the nation's premier Prepaid Debit Card marketing companies.
Neoprobe Corporation (OTCBB:NEOP), a diversified developer of innovative oncology and cardiovascular surgical and diagnostic products, announced the extension of its marketing and distribution agreement with Cincinnati-based Ethicon Endo-Surgery, Inc.
The amendment extends the rights for Ethicon Endo-Surgery to promote and sell the neo2000® gamma detection systems for assisting in cancer diagnosis through the end of 2013.
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Pediatric Prosthetics Inc. (OTCBB:PDPR) reported today that for the three month period ending December 31, 2007, the Company will be booking a record quarter for revenue, and expects to book profitability at a rate not heretofore seen in its history.
“What a way to end 2007,” declared CEO Linda Putback-Bean. "We want to express our personal thoughts to the investing public, and especially to our loyal shareholders. We want to wish every share-owner a very happy holiday season, and a merry Christmas with these thoughts: We are enjoying by far the most profitable quarter in our company's existence ... and that is only the beginning, as there are thousands of children with loving parents we haven't found yet.”
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