April 2009 - Page 16 of 24

MondayApr 13, 2009 6:15 am

Nascent Wine Company, Inc. (NCTW.OB) Announces Efforts to Rebrand Itself

Nascent Wine Company, Inc. announced this morning that it will begin to do business as Nascent Brands, Inc. In addition to streamlining the company's operations, Nascent also intends to acquire and build the most profitable and well positioned brands of food and beverage products in Mexico. The company has already demonstrated success in streamlining their product mix by cutting over 1,500 slow moving items and focusing on the top selling 500 items. Nascent plans to improve margins and profits by leveraging its platform with its own branded and private label products with the goal of accelerating growth. "As the dominant…

MondayApr 13, 2009 6:06 am

WorldGate Communications, Inc. (WGAT.OB) Appoints New Board of Directors and Makes Senior Management Changes

WorldGate Communications, Inc., a leading provider of next-generation video phone solutions, announced today that it has established a team of telecommunication industry luminaries for its board of directors. Effective immediately, Anthony Cassara, President of Cassara Management Group Inc.; Richard Nespola, Chairman and CEO of The Management Network Group Inc.; and Geoffrey Boyd, former CFO of Eschelon Telecom have joined Robert Stevanovski, Chairman and Co-Founder of ACN and New Chairman of WorldGate, along with David Stevanovski, Chief Operating Officer of ACN, and Greg Provenzano, President and Co-Founder of ACN, on the company’s board of directors. “We are putting together a dream…

MondayApr 13, 2009 5:53 am

3DIcon Corp. (TDCP.OB) Prepares to Present at the Oklahoma Association of Broadcasters/Society of Broadcast Engineers Conference

3DIcon Corp., a development-stage technology company, announced that it will be presenting at the Oklahoma Association of Broadcasters/Society of Broadcast Engineers' Engineering Conference 2009 later this week. 3DIcon founder and CEO Martin Keating and chief technical officer Dr. Hakki Refai are scheduled to discuss the current 3D technology revolution and its potential impact on the radio and television industry. "With new technology, especially three-dimensional technology, the future is almost yesterday's news. What we see ahead is nothing short of the way the world communicates," stated Martin Keating, 3DIcon's founder and CEO. The company’s proprietary 3D display system - CSpace(R) -…

ThursdayApr 09, 2009 9:50 am

EV Innovations (EVII.OB) Catches Eye of Popular Mechanics with Entry into X-Prize Competition

Not being the first time EV Innovations has caught their attention, Popular Mechanics has once again featured the company and its 100% lithium-powered vehicles. As many auto enthusiasts already know, the 2009 New York International Auto Show is currently in progress. Unfortunately it hasn't turned out to be much of a battlefield, according to Popular Mechanics, with the exception of EV Innovations' latest vehicle. EV Innovations' Wave is a curvacious plug-in electric two-seater that boasts a range of up to 200 miles, a top speed of around 80 mph, and an affordable price tag just north of $30,000 when it becomes…

ThursdayApr 09, 2009 8:30 am

Makeup.com (MKUP.OB) Posts Fiscal 2008 Financials, Reflecting Significant Growth; Announces New Investor Relations Group

Makeup.com is as the name implies: an online provider of “exclusive, hard-to-find” cosmetics, perfumes, skin care and other beauty products. The company today announced its year-end financial results for the 12 months ended December 31, 2008, reflecting solid growth and improvement. Revenues for the year increased $176,998, or 35 percent, to $683,185, as compared to $506,187 for the 2007. Gross profit surged 116 percent to $242,968, up from $112,374 reported for the year ended December 2007. Net loss for the year ended 2008 was $1,195,894, as compared to a net loss of $1,470,145 for fiscal 2007, representing a $274,251 improvement.…

ThursdayApr 09, 2009 8:06 am

Japan Unveils Ambitious Growth Plan

Japanese Prime Minister Taro Aso unveiled an ambitious long-term growth strategy today. He vowed to refashion the world's second-largest economy and to create millions of jobs, with the first step being a massive new stimulus package. The news of this plan sparked a 3.7% rise in the benchmark Nikkei 225 index. Japan finds itself mired the deepest recession since World War II. The Japanese economy has fallen because of an unprecedented collapse in global demand for Japanese products such as cars and electronics. It is important to note that in his speech Prime Minister Aso said that Japan's export-driven growth…

ThursdayApr 09, 2009 7:56 am

Triangle Petroleum (TPLM.OB) Announces Improved Financial Results

Triangle Petroleum Corporation (TPLM.OB), a Canadian based petroleum exploration company currently focused on Canadian shale gas, today reported fourth quarter and fiscal year (ending January 31) financial and operational results. The numbers, given below in US dollars, show the company in an improved financial position, due largely to the successful payoff of all outstanding debt. Triangle managed to pay off $10 million in principal, and $2.2 million in interest, leaving the company with no outstanding debt. This final debt payoff represents a significant strengthening in the balance sheet from the previous year, and puts Triangle in a good position to…

ThursdayApr 09, 2009 7:54 am

GreenCheck Technology Inc. (GCHK.OB) Helps Locomotive Industry Keep Emissions within New Standards

GreenChek Technologies Inc. recently announced the addition of a new product to its solutions suite. The GreenChek engineering team has been able to take its base Emission Reduction Device (ERD) and configure a specific design for the locomotive industry. While negotiations with U.S. Rail companies are still underway, GreekChek has already scheduled the first installation of the locomotive ERD units in Europe. In March 2008, the Environmental Protection Agency passed a three-step program that would significantly reduce the emissions produced by diesel locomotives. Existing locomotives of all types, such as switch, line-haul, and passenger rail, will be included by the…

ThursdayApr 09, 2009 6:26 am

American TonerServ Corp. (ASVP.OB) Appoints Chad Solter as a Director of the Company

TonerServ Corp., a strategic consolidator in the printing supplies and services industry, announced that it has appointed Chad Solter as a member of its board of directors. Solter is the founder and president of iPrint Technologies, Inc., which was acquired by American TonerServ in October 2008. American TonerServ's board is now comprised of six members. "We are rapidly developing a sales-driven culture at ATS, which is Chad's forte," stated Chuck Mache, president and chief executive officer of American TonerServ. "While Industry know-how is integral to building a strong board of directors, Chad has proven his capabilities, growing revenues significantly for…

ThursdayApr 09, 2009 6:23 am

Compass Diversified Holdings (CODI) Announces First Quarter 2009 Dividend of $0.34 per Share

Compass Diversified Holdings, a leading acquirer and manager of middle market businesses, announced this morning that its Board of Directors declared a quarterly cash dividend of $0.34 per share. According to the press release, the distribution for the three months ended March 31, 2009 is payable on April 30, 2009 to all holders of record as of April 23, 2009. Joe Massoud, CEO of Compass Diversified Holdings, commented, "We are pleased to declare a first quarter distribution of $0.34 per share, increasing the cumulative distributions that we have announced since our IPO in May of 2006 to $3.6152 per share.…

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Month: April 2009