April 2009 - Page 8 of 24

WednesdayApr 22, 2009 6:54 am

Norsat International Inc. (NSATF.OB) Announces Acquisition of WiMAX Solution Provider

Norsat International Inc. announced that it has acquired 100% of Ireland-based Bluemoon 4G Ltd., a provider of WiMAX solutions. As terms of the agreement, Bluemoon will be purchased with 5,000,000 Norsat common shares. The addition of a comprehensive end-to-end turnkey WiMAX solution will complement Norsat’s existing product portfolio. “With the acquisition of Bluemoon, we accelerate our entry into the WiMAX market and expand our geographic reach into markets in emerging countries,” stated Dr. Amiee Chan, president and CEO. “We believe this acquisition is aligned with our strategic diversification into the commercial sector and will deliver long term growth and increase…

WednesdayApr 22, 2009 6:47 am

OurPet’s Company (OPCO.OB) Reports Record Q1 2009 Financial Results

Today, OurPet’s Company announced that its net revenues for the first quarter of 2009 increased 16.7% to $3,390,379 from $2,905,264 for the same period in 2008. Net income for the quarter totaled $78,610, compared to a net loss of $391,472 for the same period in 2008. Earnings, before interest, taxes, depreciation and amortization (EBITDA), were $244,054 in the first quarter of 2009 compared to a negative $220,222 in 2008's first quarter. Dr. Steven Tsengas, President and CEO, commented, "We are extremely pleased about our record sales for the 2009 first quarter, despite the difficult business environment for many of our…

WednesdayApr 22, 2009 6:31 am

Energtek, Inc. (EGTK.PK): Is Natural Gas Safe for Transportation?

When natural gas is used as a vehicle fuel, it is stored in cylinders of thick-walled, reinforced aluminum, steel or composite materials. These cylinders are required to comply with strict regulations, and have proven their ability to withstand severe abuse, even under conditions more stringent than those for testing gasoline storage tanks. Natural gas tanks have been tested in high-speed crashes and bonfires, and performed extraordinarily well, especially when compared to the risks of explosion with gasoline. In vehicles that were totally destroyed in crash tests, the only component of the vehicle remaining intact was the gas cylinder. A research…

WednesdayApr 22, 2009 5:36 am

Don’t Miss Kraig Biocraft Laboratories, Inc.’s (KBLB.OB) Dividend!

Last week Kraig Biocraft Laboratories announced that shareholders of record as of the close of business on April 27 will be issued nine additional shares for each share of stock held. However, to be the legal owner on the record date you must buy the stock at least three business days before the record date. Today is exactly three business days away from the deadline. Commenting on the dividend, CEO Kim K. Thompson recently stated, “This stock dividend is intended to lay the groundwork for the growth of the Company. It is part of our ongoing efforts to improve trading…

WednesdayApr 22, 2009 4:44 am

EV Innovations Inc. (EVII.OB) Featured in Interview on CBS Affiliate ‘Eye on New York’

EV Innovations Inc., provider of emission-free automotive propulsion systems using the latest lithium battery technology, announced today that it has captured the attention of a New York CBS-affiliate. The 'Eye on New York' interview can be viewed at the following link: http://www.evinnovations.com/video/20090422-enw2 Kristine Johnson interviewed EV Innovations' senior project designer, Ron Cerven. She admired the vehicles, stating they are "definitely the way of the future." The company's newest electric vehicles, the WAVE and super car INIZIO, are leading the charge of emission free, domestic powered vehicles. At the recent 2009 New York International Auto Show, EV Innovations stood out to a…

TuesdayApr 21, 2009 11:22 am

Innovative Technology and Distribution Efforts Garner GreenChek Technology Inc. (GCHK.OB) Speculative Buy Rating from Beacon Equity Research

GreenChek Technology Inc. (GCHK.OB) is the creator of a proprietary, hydrogen-generating system for combustion engines. Its Onboard Hydrogen Generation (OHG) system produces hydrogen, then injects in into a regular internal combustion engine, helping the engine to burn fuel more cleanly and efficiently. The company’s flagship product is applicable to any internal combustion engine, whether it runs on gasoline, diesel, ethanol, propane or natural gas. Through two years of testing, the company reports that its technology lowers emissions by up to 50 percent, also reducing fuel consumption, increasing horsepower, improving engine life and reducing maintenance costs. The company has already received…

TuesdayApr 21, 2009 9:31 am

Carbon Sciences Inc. (CABN.OB) Featured in Newsweek Online Exclusive Interview

Carbon Sciences Inc. (OTCBB: CABN), the developer of breakthrough technology designed to transform carbon dioxide (CO2) emissions into gasoline and other fuels, announced this afternoon that the online edition of Newsweek magazine featured an exclusive interview with the Company’s CEO, Derek McLeish and President, Byron Elton. The two executives were intervied by Newsweek's Anita Kirpalani in the Newsweek exclusive titled, "Carbon to Burn: Entrepreneurs are trying to recycle carbon from the air by turning it into gasoline." The article discusses the growing value of carbon as the government and industry begin to invest in technologies to capture carbon from their…

TuesdayApr 21, 2009 9:14 am

GTX Corp (GTXO.OB) Receives Positive Analysis from Vista Partners

Vista Partners, one of the fastest growing independent equity research firms in the U.S., has been following GTX Corp (GTXO.OB) since mid-2008. Vista’s analysis team consists of seasoned professionals with backgrounds in corporate communications, investment banking, and finance. Vista published a thorough analysis of GTX in November 2008 and has recently published its latest findings in its April newsletter. Amazingly at this time the company has zero debt on its books, which is generally unheard of in a developing company. The company’s management team continues to look at ways to streamline costs and is now focused on significantly reducing its…

TuesdayApr 21, 2009 6:39 am

Dana Resources (DANR.OB) Acquires Gold-Copper Property in Peru

Dana Resources (OTCBB: DANR) is a US-based precious and base metals exploration company with a portfolio of properties located in the most prolific mining regions of Peru. The Company's properties include gold, silver and other precious and base metals properties. With some of the richest mineral reserves in the world, Peru is one of the largest producers of both precious and base metals in Latin America. It is estimated that Peru holds about 16 percent of the world's known mineral reserves. Peru's mineral riches were once inaccessible, but no longer. Previously inaccessible regions of Peru are now becoming available through…

TuesdayApr 21, 2009 6:24 am

StockGuru Featured Company: Bergamo Acquisition Corp. (BGMO.PK)

Bergamo Acquisition Corp. is focused on a number of very important projects in Pakistan. The company’s wholly owned subsidiary, Bergamo E&A Corp, has signed two Memorandum of Understandings for energy projects in Pakistan, furthering Bergamo’s entry into the energy sector. Bergamo also has an apparel division that has been active since July of 1997. The rapidly growing overseas demand for energy is driving a new wave of growth and profitability for American alternative energy companies. Bergamo has analyzed and responded to this growing market with the creation of Bergamo Energy Inc., a wholly owned subsidiary of Bergamo Acquisition Corp. This…

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Month: April 2009