July 2009 - Page 29 of 30

ThursdayJul 02, 2009 6:57 am

StarInvest Group, Inc. (STIV.OB) Signs Letter of Intent for Acquisition of Todd & Company, Inc.

StarInvest Group, Inc. announced today that it has signed a Letter of Intent to acquire all the outstanding shares of common stock of Todd & Company, Inc., a FINRA SPIC Broker Dealer established in 1979 and located in New Jersey. According to the press release, StarInvest will acquire the shares for $100,000 convertible note maturing in 13 months, immediately convertible at $.03 per share into restricted common stock of the company. StarInvest will also grant 5 year warrants immediately exercisable at $.10 per share for an aggregate of 1,000,000 restricted shares of common stock of the company. Robert H. Cole…

ThursdayJul 02, 2009 6:48 am

Savoy Energy Corp. (SNVP.OB) Appoints Three New Board of Directors

Today in an 8-K, Savoy Energy Corp. announced the appointment of William F. Howell, Raymond A. Crabbe and Charles J. Jacobus to the Board of Directors. All three will hold their positions until the company’s next scheduled shareholder meeting at which time shareholders will vote for re-election. Mr. Howell retains nearly five decades of oil and gas experience, both onshore and offshore. His previous experience includes 13 years (1955 – 1968) as an exploration geologist at Continental Oil Company, 6 years (1968 – 1974) as Gulf Coast Exploration Manager for Mesa Petroleum, 7 years as an Exploration Vice President for…

ThursdayJul 02, 2009 5:18 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Anticipates Success

Emerging biotech company, Kraig Biocraft Laboratories, Inc. was founded by the inventor of the company's technology, current chief executive officer, Kim Thompson. The company is a fully reporting organization and trades on the over-the-counter market under the stock symbol KBLB. As of last report, there are about 501 million common shares outstanding, with approximately 64% held by the chief executive officer. Kraig Biocraft Laboratories’ CEO serves as the overall coordinator for the company relative to business operations and ongoing research and development. Several prominent genetic scientists have significantly developed the companies’ technologies. Additionally, the laboratory staffs of these professors are…

ThursdayJul 02, 2009 5:04 am

Location Based Technologies, Inc. (LBAS.OB) Announces First Purchase Order Totaling $3 Million for LoadRack Tracker devices

Location Based Technologies, Inc., a leading designer and developer of patented, proprietary personal locator technologies and services, recently announced it has received a $3 million purchase order for LoadRack Tracker devices. Location Based Technology’s solution provides state-of-the-art technology to assist shippers, carriers and truck brokers to effectively coordinate available trucks and loads, and optimize resources across the supply chain. Under the terms of the purchase agreement, Location Based Technologies will begin delivery of LoadRack Tracking devices in third quarter 2009 and other tracking devices will be ordered and shipped over the next 12 months. Dave Morse, chief executive officer of…

WednesdayJul 01, 2009 8:57 am

Savoy Energy Corp. (SNVP.OB) Brings New Life to Abandoned Wells

Savoy Energy Corp., an independent oil and gas company, is building a diversified portfolio of oil and gas assets with the goal of turning around previously abandoned sites. The step-by-step process involves the aggressive application of modern well technology and stringent management controls, but only on sites that have passed a meticulous evaluation process. This approach significantly reduces the cost of initial drilling, while removing the risks associated with traditional exploration projects, thus minimizing the high overhead normally associated with oil and gas operations. The result is an increased asset base and cash flow. The company has already taken the…

WednesdayJul 01, 2009 8:52 am

MyECheck Signs Simplifile to Accept Check Payments for E-Recording Services Through the MyECheck Payment System

MyECheck, Inc. (OTCBB: MYEC), a leading provider of electronic check payment services, has signed an agreement with Simplifile, the leading provider of electronic recording services. The agreement will facilitate the integration of the MyECheck Remotely Created Check solution into the Simplifile e-recording service which will allow Simplifile customers to make payments for recording and submission fees using an online check imaging process. It is anticipated that the integration between Simplifile and MyECheck will be completed by late summer 2009. Once complete, Simplifile customers will have the option to make recording and submission fee payments with virtually any checking account in…

WednesdayJul 01, 2009 8:45 am

Epazz Inc. (EPAZ.OB) Signs Letter of Intent for Acquisition of Midwest Software Company, Supporting Innovative Product Offering

Epazz Inc. provides customized Web applications for corporations, educational institutions and various entities in the public sector. The company’s two wholly owned subsidiaries are DeskFlex Inc. and Professional Resources Management. The company today announced it has signed a letter of intent for the acquisition of an enterprise resource planning software company (name not disclosed in press release) based in the Midwest. According to the press release, the $450,000 deal will be finalized in the third quarter of 2009. The company expects the acquisition to benefit current and future customers as it continues to develop additional software tools. “This acquisition provides…

WednesdayJul 01, 2009 8:31 am

Strata Oil and Gas Inc. (SOIGF.OB) Begins Readying for Production of Peace River Property, Expects 56,000 bpd Peak

Getting your ducks in a row before you make a move is the best way to start a new project. Understanding possible conditions , whether likeable or not, is the best rout toward to profit. This obvious fact is also an indicator that a company is paying attention and ready to capitalize on an opportunity. When an investor can recognize a company following this rout, they may have well found a solid profit opportunity. Strata Oil and Gas Inc., a junior oil and gas development company, works to develop all mineral opportunities but primarily carbon-hosted Bitumen oil deposits. Its current…

WednesdayJul 01, 2009 7:22 am

China Nutrifruit Group Ltd. (CNGL.OB) is Confident of Global Growth

For something as simple as purchasing premium fruits in your grocery store, so much goes on behind the scenes that most consumers aren’t aware of. A complex network of research and development, marketing teams, processing and distribution usually are at the top of the list. Before these factors are set in motion though, it travels deeper still. In order for a company to grow to NYSE AMEX status and be a major contributor/competitor in the market, the company must have a general Code of Ethics, a Committee Board, Corporate Governance, among other requirements. Once these are established, only then a…

WednesdayJul 01, 2009 7:15 am

Suspect Detection Systems Ltd. (SDSS.OB) Develops a “Mind-Reader”

Suspect Detection Systems Ltd. specializes in developing advanced, innovative technologies for the homeland security, military intelligence and law enforcement markets. The technologies are based on extensive counter-terrorism and intelligence know-how accumulated in Israel and elsewhere. Suspect Detection's initial product is called COGNITO, which is designed to identify malicious intent on the part of suspects in various settings and scenarios. The company's system has some similarities to a polygraph, but it is different. A “suspect” sits inside a kiosk and places their right hand on a sensor that measures blood pressure, pulse and sweat while answering questions which appear on a…

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Month: July 2009