October 2007 - Page 3 of 54

WednesdayOct 31, 2007 4:04 am

BioStem, Inc. (BTEM.OB) Acquires Joyon Entertainment, Inc

BioStem, Inc (BTEM.OB) announced that the company has entered into a definitive agreement to acquire Joyon Entertainment. Joyon Entertainment is a leader in the online games and electronics manufacturing businesses. On October 12, 2007, the Company entered into a Stock Exchange Agreement with Joytoto Co., Ltd., a Korean company, and Joyon Entertainment Co., Ltd., another Korean company. Under the terms of this agreement, BioStem will purchase 100% of the issued and outstanding capital stock of Joyon Entertainment, Inc., a Delaware corporation ("JEI"), in exchange for 115,000,000 shares of the Company's common stock. These shares will be issued after a one…

WednesdayOct 31, 2007 4:00 am

KANA Software (KANA.OB) Reports Highest Quarterly Revenue in Three Years

KANA Software, Inc (KANA.OB), a world leader in multi-channel customer service, announced financial results for the third quarter ended September 30, 2007. KANA's reported total revenues of $16.8 million, an increase of 28% over the $13.2 million reported in the third quarter of 2006. In addition, third quarter 2007 license revenue was $5.8 million, an increase of 33% over license revenue of $4.3 million reported in the same quarter last year. CEO of KANA, Michael Fields, stated "KANA's total revenues during the third quarter were the highest in 15 quarters. We are very pleased with our business momentum in the third…

WednesdayOct 31, 2007 3:58 am

Bay Commercial Bank (BCML.OB) Reports Third Quarter 2007 Results

Bay Commercial Bank (BCML.OB) announced third quarter and year to date operating results. The company has reported operating income for the third quarter 2007 of $434,000 or $0.28. per share; compared to the income for the same period in 2006 of $96,000, or $0.06 per share, which represents a significant increase. The Bank's year to date September 2007 operating income totaled $837,000 or $0.54 per share compared to income for the same period in 2006 of $97,000, or $0.06 per share. Bay Commercial Bank's total assets as of September 30, 2007 were $85.7 million, which included loans outstanding of $75.0…

TuesdayOct 30, 2007 5:31 pm

Crdentia Corp. (CRDT.OB) Announces Acquisition of ATS Health Services

Crdentia Corp (CRDT.OB), a leading healthcare staffing company, announced that the company has fully completed the acquisition of ATS Health Services. ATS Health services is a company dedicated to providing temporary nurse and allied health staffing services to hospital, private practice, clinic, home care, corporate and occupational facilities in large metropolitan areas located in Florida, Georgia and North Carolina. Under the terms of this agreement, the acquisition was completed for $3.3 million in cash and 2.1 million shares of the Company's common stock valued at $700,000. ATS Health Services, currently based in Jacksonville, Florida, has six offices in Florida, one in…

TuesdayOct 30, 2007 4:06 pm

China Voice Holding Corp (CHVC.PK) Corporate Projections

China Voice Holding Corp (CHVC.PK) recently announced corporate fiscal projections. The company believes that they are poised to achieve sales of $158 million in 2008, $311 million in 2009, and $497 million in 2010. In order to make all financial information publicly available, the company intends to file all future reports with the SEC. Currently, the company is focused on two main operations that have yielded such revenue projections. These two operations include Voice over IP technology (VOIP) by Candidsoft and The StarCom Alliance. Candidsoft was actually able to secure 100,000 new government contracts this year at an estimated usage of…

TuesdayOct 30, 2007 1:03 pm

StockGuru Blog: Renhuang Pharmaceuticals (RHGP) – Pub Med Findings on Siberian Ginseng Impressive

Stock Guru Profile News Blogs Renhuang Pharmaceuticals, Inc. (RHGP) believes a company should generate revenue to support its research and development! Their earnings support this philosophy. The fiscal year-to-date results covering the nine months from October 1, 2006 to July 31, 2007, indicate net earnings of $8.46 million on solid sales of about $21 million, more than doubling the net earnings of $3.08 million for the Company’s operating subsidiary for the same period of the previous year. RHGP controls an estimated 70% of China’s natural resources of Acanthopanax (also known as Siberian Ginseng), the Company possesses a unique competitive edge…

TuesdayOct 30, 2007 12:43 pm

Chembio Diagnostics, Inc. (CEMI.OB) to Present at the Acumen BioFin Rodman & Renshaw 9th Annual Healthcare Conference

Chembio Diagnostics announced today that its CEO, Lawrence Siebert, will be presenting at the next Acumen BioFin Rodman & Renshaw Healthcare Conference. The presentation has been scheduled for November 5, 2007 at 2:20 PM at the New York Palace Hotel in New York. Individuals who are not able to attend may listen to a live webcast by logging into the Investors section of Chembio Diagnostic Inc.'s website, www.chembio.com, a few minutes prior to the starting time. After the event, the presentation will be archived for 90 days. The conference will feature presentations from more than 350 public and privately held…

TuesdayOct 30, 2007 11:55 am

StockGuru Blog: Dutch Gold Resources (DGRI) – It’s Elemental!

Stock Guru Profile News Blogs While gold mining sounds dark and mysterious it really is NOT! What you need are good mines that can produce gold at a profit and a management team that has experience. Dutch Gold Resources has this! Dutch Gold Resources has published what it believes the reserves to be on their gold mines. These can be reviewed here in their most recent SEC Filings. Stock Guru will be examining each mine and the potential it brings to shareholders particularly with the dollar still looking for a bottom and gold still searching for a top! Dutch Gold…

TuesdayOct 30, 2007 11:55 am

StockGuru Blog: Phantom Fiber (PHFB) Captures the Recurring Revenue Stream on Top of Consulting Fees!

Stock Guru Profile - News - Blogs THIS CONTRACT PROVIDES AN IMPORTANT INSIGHT INTO THE POTENTIALLY UNENDING REVENUE POTENTIAL PHANTOM FIBER HAS! Take a quick look at this! Revenue from gaming is huge and never slumps! Phantom EFX, the leading developer and publisher of interactive card and casino titles for PC and Mac has entered into a multi-year contract with Phantom Fiber Corporation. Wireless transactions are crucial to support a company specializing in the gaming and entertainment sector. Phantom Fiber will port several of Phantom EFX’s most popular games to more than 1,000 mobile devices, including cellular phones and PDAs.…

TuesdayOct 30, 2007 11:04 am

Crdentia Corp. (CRDT.OB) Stock Prices Rise 24% as Company Receives $5 Million in Financing

Crdentia recently announced that it has completed a private placement worth $5 million in equity offering with value-based institutions. The financing will be used for working capital and strategic initiatives. The company believes the funding will provide the opportunity to implement additional organic growth initiatives to further improve operating margins and accelerate revenue increases. John Kaiser, CEO of Crdentia, stated, “Completion of this new equity financing is very important to Crdentia as it allows the Company to fully implement its strategic growth plans with the goal of establishing Crdentia as one of the strongest full-service suppliers of healthcare personnel in…

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Month: October 2007