TuesdayJul 14, 2009 11:15 am

Exxon Mobil Corp. (XOM): Taking on the World’s Toughest Energy Challenges

Energy is crucial to economic growth, development and social welfare. Both modern cities and small communities in developing countries depend on reliable access to energy for long-term economic and social progress. Currently the world uses about 245 million barrels per day of oil-equivalent energy. By 2030 the demand is expected to be 35 percent greater, even with gains in energy efficiency. Meeting this demand consistently in order to sustain global growth is a major priority of Exxon Mobil. Today, the world’s energy challenge is multidimensional involving a unique combination of factors, including science, technology, economics and politics. The company is…

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TuesdayJul 14, 2009 10:27 am

Homeland Security Capital Corp. (HOMS.OB) Gets Big Boost Improving Business and Security for Others

Businesses grow when they react to situations that affect society. They view the possibilities that could harm our way of life and constantly makes the necessary changes to counteract this negative. Trouble shooting, think tanks and modern technology help make these visions a reality. Seizing an opportunity during uneasy times to help secure and improve our way of life has become the mainstay with some companies. Homeland security-related businesses are constantly searching for ways to improve protocol systems to combat and defeat hackers, thieves and terrorists. If the security system of one bank be breached, then it could happen to…

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TuesdayJul 14, 2009 10:18 am

How Bad is the Economy and Where are We Headed?

In the most recent unemployment numbers, it was reported that approximately 467,000 jobs were lost in June, totaling to 7.2 million people since the start of the recession. The job losses now equal the net job gains over the previous nine years, making this the only recession since the Great Depression to wipe out all job growth from the previous upward cycle. There are a number of reasons we are in more trouble than the 9.5% unemployment rate indicates. For starters, at least 1.4 million people who wanted or were available for work were not counted since they didn’t search…

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TuesdayJul 14, 2009 9:17 am

Booking More than Rooms with Roomlinx, Inc. (RMLX.OB)

Boosting the economy is one of our country’s main concerns right now. By taking further advantage of computers and modern technology, we can now network and advertise in ways that weren’t possible just ten years ago. Technology continues to offer companies new ways to assist customers with helpful and efficient ways to make their lives easier. Interactive cyberspace marketing more or less began with Amazon, then EBay, and took off from there. Now, all fields and markets are on line in one form or another. They focus in the key areas that can build their business. Boasting user friendly, state…

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TuesdayJul 14, 2009 9:10 am

IDO Security, Inc. (IDOI.OB) Expands Presence in Southeast Asia with Multi-Unit Order of MagShoe™ in Vietnam

IDO Security, Inc., a designer, developer and marketer of the patented, UL-certified MagShoe™ weapons metal detection system, recently announced a multi-unit order with a major security products distribution specialist based in Vietnam. The company’s innovative “shoes-on” weapons metal detection system provides thorough scanning of the lower body and feet and will be shipped to major airports across Vietnam, as part of an initiative to increase travel safety measures. The company currently has MagShoe™ installations, which instantly and accurately detects weapons and metal items concealed in footwear, in the Asian market, including India, China and Hong Kong. This new agreement in…

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TuesdayJul 14, 2009 8:51 am

MyECheck Reaches Profitability in Unaudited Second Quarter Financial Results

MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that it operated at a profit in both the months of May and June, 2009. Revenue in the second quarter 2009 was approximately 38% higher than in the first quarter 2009, and approximately 110% higher than the second quarter 2008. Management notes that revenue in the second quarter does not yet reflect most of the larger clients signed in the past several months that are expected to start generating revenue for the company in the third quarter of 2009. California State Teachers…

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TuesdayJul 14, 2009 8:22 am

Reed’s Inc. (REED) Announces Expansion from 50 Stores to 154 Weis Market Stores

Reed's, Inc. announced this morning that it has expanded its relationship with Weis Markets (NYSE: WMK). The company’s products will now be sold in all 154 Weis stores and will include an additional product. Weis Markets is a regional grocery chain headquartered in Sunbury, PA. "Weis Markets is an important regional grocery retailer for Reed's," commented Neal Cohane, Senior VP of Sales & Marketing. "The most important element of this expanded relationship is the movement of the product from the 'specialty/natural' aisle into the main beverage aisle. This will give Reed's and Virgil's substantial increased visibility and competitive pricing." Mr.…

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MondayJul 13, 2009 3:06 pm

July 13th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CBAI, CVM, EMDH, ICLK, IWEB, SIHI, SVUL Markets resumed their sell off for the fourth consecutive week as trepidation surrounding upcoming earnings reports and continued concerns regarding economic recovery turned many investors into cautious spectators. All told, the Dow ended the week down 1.6%, surrendering 134 points to close at 8146, down 7.2% on the year. The Nasdaq lost 2.3% on the week to close at 1756, trimming its YTD gains to 11.6% while the S&P 500 and Russell 2000 fell by 1.9% and 3.3% respectively, bringing their yearly losses to…

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MondayJul 13, 2009 2:50 pm

Majic Wheels Corp. (MJWL.OB) Climbing the Walls as Prototype Nears Completion

Long gone are the days when remote-controlled toy cars got hung up on rocks, smacked into a wall, or rolled over because of a crack in the sidewalk. As technology advances at a rapid pace for every industry under the sun, toys are not to be left out. Majic Wheels develops radio-controlled toy cars centered on patented climbing device technology that will forever change the landscape for toy cars, raising the bar for remote-controlled toys. Majic Wheels, as the name implies, is working on the development of a wall and ceiling climbing toy car. On track for its mission to…

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MondayJul 13, 2009 2:48 pm

Bio-Solutions Corp. (BISU.OB) Adds Malaria Insecticide to Product Portfolio

Bio-Solutions Corp. focuses on veterinary care and organic dietary supplements for livestock and domestic animals. The company announced last week it will market an organic insecticide to combat Malaria. GreenExTM is available in solid or liquid form, and works by neutralizing and eradicating up to 98 percent of mosquito larvae within a 24-hour period. Malaria is a life threatening disease, infecting more than 250 million people each year and killing more than 1 million children under the age of five each year. The disease isn’t geographically restricted, but thrives in tropical and subtropical regions. According to the company, GreenExTM can…

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