January 2008 - Page 69 of 77

MondayJan 07, 2008 7:48 am

Beacon Equity Research Awards Cereplast, Inc. (CERP.OB) $1.12 Price Target and “Speculative Buy” Rating

Cereplast, Inc. is focused on developing, manufacturing, and marketing bio-based resins purposed to either supplement or even replace conventional petroleum-based plastics. The Company’s resins are made from renewable resources including corn wheat, tapioca, and potato starches. The company markets two different families of bio-based resins, which can be used in an array of converting applications. While the Cereplast Compostables family consists of renewable and ecologically sound substitutes targeted for single-use disposables, Cereplast Hybrid Resins are bio-based and targeted for more durable and reusable applications. The global plastics industry is currently estimated at 250 million tons and is growing at a…

MondayJan 07, 2008 7:17 am

Voiceserve, Inc. (VSRV.OB) Offers VOIP with Voiceout, Looks to Capture Share of Market's 40% Expected 5 Year Growth Rate

Voiceserve offers VOIP that enables two registered users to talk free anywhere in the world. All that is needed is an internet connection, Voiceserves downloadable software, and a microphone. These calls are also secure with end-to-end encryption. It does not matter where one is located, as long as both users are registered Voiceserve users, the call is free. If one caller is not a registered user they offer Voiceout, which enables registered users to make national and international calls at highly reduced rates. These calls can be made to other VOIP users or any registered phone number worldwide. The top…

MondayJan 07, 2008 6:25 am

Reed’s, Inc. (REED) Anticipates Presenting at ICR XChange Conference in Dana Point, California

Reed’s, Inc. announced this morning that it will be presenting at the 10th Annual ICR XChange Conference on January 17 at 1:25 PM. The conference is scheduled to begin January 16 and will continue on throughout the next day. The Company’s presentation will be webcasted live at the ICR XChange section of the ICR website. Furthermore, an online replay of the presentation will be hosted on the site following the live presentation. The archived presentation will be available for a full year. The XChange conference is renowned as one of the preeminent investor conferences in the industry. The conference utilizes…

SundayJan 06, 2008 4:06 pm

Diguang International Development Co, Ltd (DGNG.OB) Announces Acquisition of Dongguan S&T

Diguang International Development Co., Ltd. (DGNG.OB), a Chinese based company that manufacturers CCFL and LED backlights for the LCD display industry, announced that the company has signed an agreement to acquire Dongguan Diguang Electronic Science and Technology. This purchase consideration totals US $4.2 million, with an initial $2 million being deposited on December 30, 2007. The remaining balance, including accrued interest, is to be payable in four installments of $550,000 by June 2009. Completion of various required registration and approval procedures is expected to take approximately six months. Song Yi, CEO, commented, "As we expand our manufacturing facilities in accordance…

SundayJan 06, 2008 4:04 pm

RedChip Visibility Issues Research Update on American Energy Group, Ltd (AEGG.OB)

RedChip Visibility, a division of RedChip Companies, Inc., announced that the company has issued a research update regarding American Energy Group Ltd. ( AEGG.OB). American Energy Group is a leading, non-operating oil and gas company with upside from drilling activities in Pakistan. Clay Mahaffey, CFA of RedChip Research, stated, "In our Initiation Report dated May 15, 2007, I presented a case for an $8.00/share, 24-month target price. Since then the stock has fallen from $1.00 to a low of $0.44/share. This was due to two factors: 1) Failure to meet the assumed near-term catalyst schedule and, 2) Reaction to political…

FridayJan 04, 2008 6:30 pm

Eastern Services Corporation (ESVH.OB) is “One to Watch”

Today Eastern Services Corp. announced that it will be issuing a 900% dividend to all shareholders on record on January 15. Every investor who claims a stake before this time will be issued nine shares for each share held. Because an aggregate of 12.6 million shares will be issued to the Common Stock holders, the Company’s outstanding shares will increase from 1.4 million to 14 million. The certificates are anticipated to be delivered on the day of January 15 and there will be no charge in the par value. Furthermore, no fractional shares will be issued. Eastern Services Corp. is…

FridayJan 04, 2008 6:20 pm

International Power Group Egypt, Ltd (IPWG.OB) Concludes Royalty Agreement with Two Egyptian Companies

International Power Group Egypt, Ltd, a wholly owned International Power Group, Ltd (IPWG.OB) subsidiary, announced that the company has finalized royalty agreement negotiations with both Egypt Rubber, Ltd. (ERL) and the LOL Group (LOL). Both companies have considerable expertise in the waste oil and used tire recycling fields and will serve a critical link for future company success. Louis D, Garcia, Chief Financial Officer of IPWG Egypt, stated, "These agreements are in furtherance of the August 2007 Memorandum of Understanding and Cooperation Protocol Agreement between the Egyptian government and IPWG Egypt's principal shareholders. ERL will be constructing and operating a…

FridayJan 04, 2008 6:19 pm

Ted Deikel, Investor and Noted Direct Marketing Retailer Increases Position in uBid.com (UBHI.OB)

uBid.com (UBHI.OB), one of the leading business-to-consumer and business-to-business online auction companies, announced that Ted Deikel has purchased an additional 466,000 shares of ubid.com common stock, bringing his total position to 12% of their common stock. Ted Deikel is often regarded as a veteran investor, once serving as the CEO for Fingerhut. This specific purchase of 466,000 shares follows Mr. Deikel's November 2007 purchase of 1,784,000 shares of uBid.com stock, approximately 10% of uBid's outstanding shares at the time. Ted Deikel commented, "I believe now, as I did in November, that uBid's wealth of online selling expertise, strong relationships with…

FridayJan 04, 2008 6:19 pm

Escalon medical Corp (ESMC) Announces FDA Clearance for Sonomed MASTER-VU B-Scan System

Escalon Medical Corp. (ESMC) announced that the company's wholly owned subsidiary 'Sonomed, Inc' has received 510 clearance from the U.S. Food and Drug Administration. As a result, the company will now be able to fully market their MASTER-VU ophthalmic B-scan ultrasound system without any legal implications. Specifically, the MASTER-VU System consists of a B-scan probe that can be interfaced to a standard personal computer or laptop using Sonomed's software; converting any personal computer into an ophthalmic ultrasound system. Barry Durante, Sonomed's President stated, "The FDA clearance, along with the previously received CE certification, will allow Sonomed to market this new…

FridayJan 04, 2008 6:17 pm

Anadys Pharmaceuticals, Inc (ANDS) Announces Positive Test Results

Anadys Pharmaceuticals, Inc. (ANDS) announced preliminary data derived from two studies of the company's ANA598 drug, focused on treating the hepatitis C virus. According to the company; "Two animals chronically infected with HCV genotype 1b each received once-daily oral doses of ANA598 at 30 mg/kg for four days. A rapid viral load decline was seen in both animals. At 48 hours (24 hours after the second dose), viral load declines were 2.2 and 2.6 log10 in the individual animals. In one animal the viral load reduction was sustained throughout the remaining dosing period, while in the second animal a modest…

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Month: January 2008