October 2008 - Page 47 of 50

ThursdayOct 02, 2008 9:52 am

Buffett Calls Financial Situation ‘Economic Pearl Harbor’

In his Wednesday appearance on PBS' The Charlie Rose Show, Warren Buffett referred to the nation's current financial struggles as an 'economic Pearl Harbor', also stating his hope that Congress would soon pass a 'counterattack' in the form of a bailout bill. Buffett, who was born during the Great Depression said, "In my adult lifetime, I don't think I've ever seen people as fearful economically as they are now." He went on to admit that when others are fearful, he tends to get greedy, and ultimately reap the benefits of a hammered-down market. Let us hear your thoughts below:

ThursdayOct 02, 2008 9:52 am

The Fight Zone, Inc. (TFZI.PK) Joined By World Champion Fighter

The Fight Zone ("TFZ") is a world-class mixed martial arts (MMA) training and management firm that prides itself on developing top-notch MMA competitors' careers from top to bottom. From its 5,000 square foot facility in Las Vegas, Nevada, TFZ provides everything from strength and discipline training to full-service management, marketing, and sponsorship programs. TFZ announced Thursday the addition of 18-time world Karate champion Donald "The Grinch" Vickers to its roster of top-level MMA competitors. The 21 year-old has attained a second-degree black belt in Chinese Kenpo/Wu Ying Chuan under the guidance of Grand Master Eddie "Flash" Newman. Donald Vickers has…

ThursdayOct 02, 2008 9:38 am

Red Chip Featured Company: Duska Therapeutics, Inc. (DSKA.OB)

Duska Therapeutics, Inc. (DSKA.OB) is a specialty pharmaceutical company that is focused on developing cardiovascular and pulmonary medicines based on the new pharmacology of adenosine 5’-triphosphate (ATP) and nitric oxide (NO). The two molecules play a role in cellular metabolism and signal transduction, which Duska feels can be used in new therapeutic modalities or the treatment of major cardiovascular disorders. ATP is a naturally-occurring substance found in every human cell and whose energy fuels all functions of the human body. ATP is released from cells into the extracellular space under physiologic and disease conditions. The extracellular ATP then activates the…

ThursdayOct 02, 2008 9:34 am

Red Chip Featured Company: Echo Therapeutics, Inc. (ECTE.OB)

Echo Therapeutics is a medical device and specialty pharmaceutical company based out of Franklin, Massachusetts. The company is focused on developing a trans-dermal continuous glucose monitoring (tCGM) system and developing reformulations of a variety of FDA-approved specialty pharmaceutical products. Echo is applying its patented AzoneTS™ trans-dermal drug formulation technology to create a suite of topical reformulations on FDA-approved products that are on the market today. The company plans to create the reformulations in accordance with the FDA’s Section 505(b)(2) guidelines. Echo intends to capitalize on its long-term relationship with Cato Research, a global contract research and development organization (CRO), and…

ThursdayOct 02, 2008 7:49 am

Legacy Wine & Spirits International Ltd. (LWSP.OB) Appears on Track to Offering a Good Bottle of Wine to China

There are many consumer items that western cultures take for granted. The power of a solid, American-made Pontiac or the decadence of a French truffle are but two consumer items that fit this bill. Many closed societies, however, have not been exposed to these items until fairly recently. Once they are exposed, they quickly find they enjoy these luxuries and can't live without them. As these cultures begin to reach past their once closed boarders, they will likely find many other tastes and needs that they were unaware of. Tapping and capitalizing on these hidden opportunities is just one way…

ThursdayOct 02, 2008 7:02 am

Budget Waste Inc. in Final Stages to Become a Reporting Issuer

Budget Waste ("BWI") announces that it is currently in the final stages of due diligence on the anticipated acquisition of a fully reporting company listed on the Over the Counter Bulletin Board. Budget has planned this strategic move for some time now in order to move the trading of its shares from the Pink Sheets to a more regulated market such as the OTCBB. By becoming a fully reporting issuer, the Company will be able to offer more transparency to its shareholders and investors. Budget anticipates that within the next 14 days, it will enter into a definitive agreement to…

ThursdayOct 02, 2008 6:36 am

MyECheck, Inc. (MYEC.OB) Gains in Popularity as Credit Card Companies Cut Off Consumers

MyECheck announced that it is growing in popularity with ecommerce sites as consumers look for alternative payment options to credit cards. According to a report published in the Wall Street Journal on September 30, 2008, credit-card issuers have been decreasing credit limits. Carol Kaplan, spokeswoman for the American Bankers Association, stated, “They're doing it to everyone.'" This reduction of available credit could literally force a substantial increase in the use of eChecks for both smaller expenses as well as bigger ticket items. This potential upcoming change is anticipated to come easily because, even with the recent boom of credit cards, checks…

ThursdayOct 02, 2008 6:23 am

Calavo Growers Inc. (CVGW) Provides for Your Guacamole

Calavo Growers Inc. is a NASDAQ-traded enterprise leading the industry in the procurement and marketing of fresh avocados and other perishable foods. Headquartered in Santa Paula, California, they also engage in the manufacturing and distribution of processed avocado products. The company began in 1924 when a group of growers-hobbyists formed the California Avocado Growers Exchange. Calavo Growers Inc. then "grew" out of this exchange into the publicly traded firm they are today. Calavo has three modern packinghouses located in Santa Paula and Temecula, California and Uruapan, Mexico. These facilities pack approximately 200 million pounds per year. Calavo operates two main…

ThursdayOct 02, 2008 6:17 am

3Com Corp. (COMS) Shares are Beaten Down, but Business is Strong

3Com Corp. is a leading global provider of secure, converged voice and data networking solutions for enterprises of all sizes. The company competes directly against the likes of Nortel, Alcatel-Lucent, and Ericsson. 3Com's shares have been on a downward trajectory since the spring, when the US government blocked the sale of the company to Bain Capital and Chinese networking company, Huawei Technology. The shares are selling for approximately $2.50 per share. 3Com's business is doing well, with $1.33 per share of cash on the books. The bulk of their revenues are now derived from big sales contracts in China. The…

ThursdayOct 02, 2008 6:09 am

Quotemedia Inc. (QMCI.OB) is Turning Heads

The Arizona-based company, Quotemedia, Inc., has been making waves in the business world with a variety of applications that are making people’s lives easier and the hiring of new personnel who are leaders in their field. Quotemedia is a leading provider of corporate research information, financial applications and market data. The company has developed an array of software applications to assist customers in optimizing data applications. These include: Feed Relay, Data Cache, Cache/DB Extension and Cache/Stats Extension. Feed Relay is a unique application in that it produces a real-time data feed as well as a delayed feed. This is a…

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Month: October 2008