TuesdayDec 23, 2008 6:40 am

MyECheck, Inc. (MYEC.OB) Removes the Risk of Using Electronic Checks to Purchase Merchandise Online

With all the fraud that has taken place with checking accounts, it is common knowledge that receiving checks in exchange for merchandise is not the most secure way to do business. This is unfortunate since 50% of adults either have no credit card or no available credit, leaving them with little option when it comes to buying merchandise online. However, through MyECheck’s Check 21 solution, ecommerce sites are able to quickly, safely, and cost effectively process electronic checks. When combined with MyECheck’s SPS solution, online merchants can ship the purchased merchandise the same day with confidence that they will be…

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TuesdayDec 23, 2008 6:16 am

Dr. Bong-Hee Sohn Joins Kraig Biocraft Laboratories, Inc. (KBLB.OB)

A couple months ago, genetic engineer Dr. Bong-Hee Sohn joined Kraig Biocraft’s research and development team to develop new high performance polymers using spider silk gene sequences. Dr. Sohn earned her Ph.D. from Kyung-Hee Univ. in South Korea and has extensive research background. One of her areas of expertise in genetic engineering is the development of innovative methods for transgenic silkworm production. CEO Kim K. Thompson stated, “Dr. Sohn has already made a significant impact on the pace and direction of our development program. This is a very exciting time for the Company and for the research laboratory. The University…

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TuesdayDec 23, 2008 6:05 am

Nexia Holdings, Inc. (NXHD.OB) Provides Investors with Details Regarding its Marketing Efforts

Yesterday after the closing bell, Nexia Holdings, Inc. announced that its management is reviewing and planning for its 2009 advertising and marketing strategy. Richard Surber, CEO of the company, stated, "I first want our shareholders, employees, and customers to be aware of some of the unique and traditional marketing efforts that have occurred over 2008 and how we plan to improve upon those efforts in 2009." In the press release, Nexia Holdings provided a list of tradition media, such as magazines, newspapers, mailers, radio, email, and press releases, that featured the company during the current year: -- Salt Lake Tribune,…

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MondayDec 22, 2008 4:04 pm

December 22nd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CBMC, CETG, CNLG, GNBT, GSPG, ICLK Uncertainty was the theme of the week as investors failed to make up their minds on the proper direction for the markets. The Dow lost 50 points to close at 8579 bringing its year to date loss to 35%. The Nasdaq rose 1.5%, closing at 1564, paring its YTD loss to 41%. The S&P 500 and Russell 2000 rose 0.9% and 3.8% for the week, reducing yearly losses to 39.5% and 36.5% respectively. There were several major developments coming from the government last week, as…

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MondayDec 22, 2008 1:56 pm

Nettel Holdings Inc. (NTTL.PK) is “One to Watch”

Headquartered in Longview, Washington, Nettel Holdings Corporation is a holding company owning subsidiaries engaged in diverse business activities. Their mission is to produce successful subsidiaries that are financially viable and freestanding. Their main subsidiaries are in telecommunications and software. Founded in 1999, the Company's subsidiaries work to develop new and innovative technologies. Nettel Holdings focuses on nurturing high-growth, high-tech businesses into profitable industry leaders. They provide the necessary financing and business support services that speed the development of their subsidiaries by providing them with targeted resources and services. Nettel's telecommunications services business includes advanced voice order processing direct. This handles…

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MondayDec 22, 2008 9:37 am

Rapid Link, Inc. (RPID.OB) Announces Opening of New Data Center in Atlanta

Rapid Link Inc., a supplier of bundled internet and voice services to Business and Residential customers, announced the construction of a new data center in Atlanta, Georgia. This data center was built to meet the demands of companies north of Atlanta that need an enterprise-class data center facility to house their critical IT infrastructure, but would rather not rent expensive and crowded co-location space in downtown Atlanta. Kris Maher, Director of National Sales for Rapid Link, stated, "Normally, companies in Alpharetta and Marietta would have to co-locate with a provider downtown to meet their IT needs. Our new space at…

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MondayDec 22, 2008 8:53 am

Exousia Advanced Materials Inc. (EXOU.OB) Specialty Coatings Sales are Gaining Traction

In many respects, growth can be good and bad. The good comes when a company becomes known and makes sales targets, the bad comes if the company grows too quickly and its internal structure fails to keep pace. Being able to develop a solid internal structure, as a newer company grows, is a key element that any investor needs to look for in his due diligence. Determining internal structure strength can be difficult, but if it can and the company’s products are selling, a profit may be at hand. Exousia Advanced Materials Inc., a development stage manufacturer and marketer of…

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MondayDec 22, 2008 8:33 am

Positive Developments for the Renewable Energy Industry

This year has been a big win for those who have been rooting for a larger renewable energy industry and reduced dependence on carbon based fuels. There have been several initiatives, legislation, and events that are expected to invigorate the growth of solar, wind, and other alternative energy markets. -- In October, the 30-percent Federal Investment Tax Credit (ITC) was extended for 8 years. Notably, this extension removed the low monetary caps for residential installations. Additionally, for the first time, publicly regulated utilities can now monetize the ITC, making direct investment into solar project assets less costly. -- In November,…

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MondayDec 22, 2008 8:05 am

ReGen Biologics, Inc. (RGBO.OB) Receives FDA 510(K) Clearance for Collagen Scaffold Device

Today an hour before the opening bell, ReGen Biologics announced that the U.S. Food and Drug Administration (FDA) has given the company clearance to market its collagen scaffold device, the Menaflex™ collagen meniscus implant. This device was designed to be used in surgical procedures for the reinforcement and repair of soft tissue injuries of the medial meniscus (a band that spans the knee joint). Gerald E. Bisbee, Jr., Ph.D., Chairman and Chief Executive Officer of ReGen Biologics, stated, “We are extremely pleased that the FDA has considered the recommendations of the Orthopaedic and Rehabilitation Devices Advisory Panel in support of…

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MondayDec 22, 2008 7:09 am

Axial Vector Engine Corp. (AXVC.PK) Sees Global Success for Improving Electrical Power Demands

Today, the very large and rapidly growing number of electric motors, many that are highly inefficient, consume nearly 50% of the world’s electricity. In the USA alone, the Department of Energy (DoE) reports that electric motors consume almost 60% of all generated electrical power. A rather surprising statistic shows refrigeration for homes and offices consumes nearly 10% of the world's energy. Electric motors powering the HVAC (heating, ventilation and air conditioning) systems in commercial buildings account for approximately 50% of the building's total electric costs. Axial Vector Engine Corp (AXVC.PK) is a publicly traded global solutions company that owns, develops,…

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