December 2008 - Page 14 of 19

MondayDec 08, 2008 1:12 pm

Nexia Holdings, Inc. (NXHD.OB) Moves Forward with New Real Estate Strategy

Nexia Holdings recently announced a new strategy for its real estate operations. The company has plans to grow its real estate portfolio and create value for its shareholders by utilizing a strategy called “real estate backed securities.” The plan was designed to capitalize on large portfolios of residential real estate held by banks, individuals, corporations or other entities as a result of subprime or other foreclosed loans. The company’s management team recognizes the devaluation of these properties as a result of tight credit markets and other factors, and that the investor with cash is able to purchase large groups of…

MondayDec 08, 2008 9:47 am

Micromet Inc. (MITI) Presents Positive Clinical Trial Results to Hematology Society

Biopharmaceutical company Micromet Inc. (Nasdaq: MITI) develops proprietary antibodies for the treatment of cancer, inflammation and autoimmune diseases, and bases its discoveries on its proprietary antibody platform, BiTE. Yesterday the company released first interim data from a phase 2 clinical trial of BiTE antibody blinatumomab for patients with acute lymphoblastic leukemia (ALL). The company presented the clinical results at the 50th annual meeting of the American Society of Hematology December 6 to 9 in San Francisco. The results showed that ALL patients with minimal residual disease (MRD) after chemotherapy have a “significantly worse prognosis” than those without MRD. In Micromet’s…

MondayDec 08, 2008 8:53 am

China Yongxin Pharmaceuticals, Inc. (CYXN): Profitable Company with 93 Drugstores for 6 Cents a Share?

China Yongxin Pharmaceuticals, Inc. is probably the most undervalued company we’ve ever written about. It isn’t everyday that you find a growing, profitable company with nearly 100 stores trading for such a discounted stock price. The company is more than just a drug retailer as they also produce and distribute pharmaceutical products. The company's products include Chinese traditional medicines, chemical pharmaceutical preparations, natural health products, healthy food, cosmetics, and medical equipment. Just last month the company released its financial results for Q3 2008 which revealed that net income doubled year-over-year to $1.7 million, or $0.05 per diluted share. However, even…

MondayDec 08, 2008 8:27 am

Capstone Turbine Corp. (CPST) Signs New Distribution Agreement for Asia Pacific Region

Today, Capstone Turbine Corp. announced that it has inked a new distribution agreement with Sobono Energy Private Limited for Combined Heat & Power (CHP) and Resource Recovery applications in Singapore, Malaysia, Philippines, Thailand, Indonesia, Vietnam, Guam and Saipan. With headquarters in Singapore, Sobono Energy provides green, renewable energy solutions to customers in the Asia Pacific region. Jim Crouse, Capstone Turbine’s Executive Vice President, Sales and Marketing, stated, "This agreement offers Capstone the opportunity to leverage Sobono's broad capabilities throughout the Asia Pacific. Their expertise and knowledge as a green and clean energy solution integrator will be a great addition to…

MondayDec 08, 2008 7:52 am

Exchange Media Corp. (EXMD.PK) to Also Derive Revenue from Advertising Efforts

According to a survey, the main revenue source for media companies, such as newspapers, broadcasters, television, etc., are not derived directly from their media products and services, but from advertising on their media platform. In fact, newspapers have been able to increase their earnings by taking advantage of rising advertising revenue; even though they have reduced their newsprint prices. Exchange Media’s mobile platform allows users to watch the ads on a private mobile screen while offering advertisers personal, user-exposure totaling almost 15 hours a day x 7 days a week. In contrast, TV/Radio exposure averages 3-5 hours. With more than…

MondayDec 08, 2008 6:41 am

Sector 10, Inc. (SECT.OB) Gains Traction with Sales and Marketing Leads

Earlier last month, Sector 10 announced that a San Jose, CA customer installed its MRU-OH products at one of its sites. According to the press release, the installation was a success and the customer has already ordered more MRU’s for immediate delivery. Sector 10 also announced that the San Jose, CA customer received inquiries from other companies in the local area that saw the MRU’s in its facilities. This customer was so intrigued by all that the MRU’s have to offer that it has inquired about becoming a distributor of the products. Standard product features of the MRU’s include: eyewash,…

MondayDec 08, 2008 6:12 am

Nexia Holdings, Inc. (NXHD.OB) Announces QualityStocks Coverage

Nexia Holdings, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Richard Surber, CEO of Nexia Holdings, has the company focused on the health and beauty, fashion retail, and real estate markets. Currently, the company owns two salons, one retail store, one online retail store and two…

MondayDec 08, 2008 6:01 am

The Amergence Group (AMNG.PK) Launches DVCD+(TM) Proprietary Technology

Today before the opening bell, The Amergence Group announced that it has enhanced and launched its groundbreaking technology that innovatively combines some of the best features found on DVDs and audio CDs. The DVCD+ technology allows disc duplicators and replicators to create DVDs which include value-added features that are not found on standard DVDs. One application of the technology allows consumers to convert music found on the DVD soundtracks to audio CDs to enjoy in the car. DVCD+ is also able to include photos, video games and other digital content that can be exported to any approved digital device such…

FridayDec 05, 2008 3:28 pm

Nexia Holdings, Inc. (NXHD.OB) CEO Richard Surber Issues Shareholder letter

Today after the closing bell, Richard Surber, CEO of Nexia Holdings, Inc., issued the following shareholder update to investors concerning the near and long term goals of the company as well as his excitement for the future of the company: Dear Valued Shareholders, I am pleased to announce several anticipated actions Nexia Holdings intends to take in the near term and long term to dramatically improve and grow the company. 1. Nexia's accounting staff is nearing completion of stand alone financials for Green Endeavors Ltd. (Other OTC:GRNE.PK - News) to be filed with pink sheets. Our intentions are to complete…

FridayDec 05, 2008 2:33 pm

Oil Prices Take a Tumble, Reflecting Weak Unemployment; Reveling Depth of Global Economic Storm

Though food and energy prices continue to rise, a decrease in petro demand and dismal unemployment figures sent oil prices tumbling to a four-year low of $40.81 on the New York Mercantile Exchange Friday mid-day. Crude oil prices have dropped 72 percent from July’s record highs, and Friday’s nosedive marks the sixth consecutive day of declines for crude prices. With unemployment numbers hitting a 34-year low, the demand for gasoline lessens. According to AAA, the Oil Price Information Service and Wright Express, gas prices have fallen 63.2 cents from November, and $1.26 from this time last year. Economists estimate that…

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Month: December 2008