July 2009 - Page 6 of 30

TuesdayJul 28, 2009 10:24 am

LifeVantage Corp. (LFVN.OB) Announces Preliminary Unaudited Fourth Quarter Revenue

LifeVantage yesterday announced preliminary unaudited net revenue for the fourth quarter of 2009. The company anticipates net revenue of $1.6 million for the three month period ended June 30, 2009, an increase of approximately 150% from the prior three month period. LifeVantage CEO David W. Brown was pleased with the results. He stated, “The increase in fourth quarter revenue is attributed to our launch earlier this year into network marketing as well as the addition of a team of some of the most sought after and highest producing independent distributors in the network marketing industry. We believe this team will…

MondayJul 27, 2009 3:35 pm

RXi Pharmaceuticals Corp. (RXII) Acquires License to Advirna Technology

RXi Pharmaceuticals Corporation, a biopharmaceutical company pursuing proprietary therapeutics based on RNA interference (RNAi), today announced that it has acquired an exclusive license to novel technologies from Advirna LLC that enables in vivo delivery of RNAi therapeutics. The terms of the agreement were not disclosed. The RNAi delivery technologies encompass four distinct approaches, primarily focusing on "self-delivery,” i.e., RNAi delivery without the use of a separate transport vehicle. Upon evaluating the Advirna technology, RXi observed that it delivers RNAi molecules to cells spontaneously upon direct administration, both in vitro and in vivo, without requiring a delivery vehicle or transfection formulation.…

MondayJul 27, 2009 3:09 pm

July 27th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, ACTC, CBAI, ITUI, SIHI, SRCO, SVUL Markets once again displayed strength this week, spurred on by a number of better than expected earnings reports which led to gains in all of the major indices. All told, the Dow ended the week up 4.0%, gaining 349 points on the week to close above the 9000 mark at 9093, bringing it back into positive territory on the year, up 3.6%. The Nasdaq posted a 4.2% gain, closing at 1886, up 24.7% on the year while the S&P 500 and Russell 2000 gained 4.1%…

MondayJul 27, 2009 2:46 pm

CMG Holdings, Inc. (CMGO.OB) is “One to Watch”

CMG Holdings, Inc. is a full service global marketing, sports, entertainment, and management communications company. Trading on the OTCBB, the company operates in the sectors of talent management, event management, and commercial rights. CMG Holdings, Inc. has an office in New York, New York and an office in Miami, Florida. The company’s Talent Management division includes representation of personalities in the entertainment, athletic, and literary industries. This is for endorsements, licensing, speaking appearances, and image marketing. CMG Holdings’ Event Management services include marquis hospitality, sponsorships, licensing, production, and implementation of events. This includes hospitality services pairing corporate client sponsors and…

MondayJul 27, 2009 12:48 pm

Consorteum Holdings, Inc. (CSRH.OB) Links Customers and Clients Together

Consorteum Holdings, Inc. is a company in a great position to bring together clients and customers, a service more needed now than perhaps ever before. Consorteum uses sophisticated card technologies to develop loyalty programs and other customer motivators that help its clients bring in new customers and keep existing customers. Its solutions can be applied to virtually any consumer oriented industry, and can make a major difference to a client’s bottom line. The company’s latest move is called My Golf Rewards, actually a joint venture partnership company put together with Innovative Loyalty Solutions and Score Golf Magazine. The new company…

MondayJul 27, 2009 12:45 pm

Sector 10 Inc. (SECI.OB) Aims to Be Industry “First” with Unique Emergency Response Units

Sector 10 Inc. is a systems integration sales and marketing company for a line of proprietary products and technologies developed and manufactured by Sector 10 Holdings Inc. Its mission is to become the world’s leading provider of emergency life response equipment. The company’s response products include mobile (MRU) and stationary (SRU) response units, as well as an emergency communications system designed to save lives and avert injuries in the middle of emergency and disaster situations. To fulfill its goal of becoming an industry leader, the company balances its short-term performance with long-term goals to be the “first” in its industry,…

MondayJul 27, 2009 12:39 pm

eDOORWAYS Corp. (EDWY.PK) Provides Corporate Update to Investors

eDOORWAYS Corp. is a company whose principal activity is creating a lifestyle information/entertainment platform called eDOORWAYS. The company's platform is designed to be a personal lifestyle information enhancement and problem solving gateway, lifestyle information source, and business-to-consumer marketplace. The company has a number of general updates to provide to the public. First, as it pertains to the October 1st soft launch date, Michael Vincent, the company's lead technology architect, has made an assessment that the eDOORWAYS platform is on schedule for the October 1st launch date. As it pertains to filing the necessary regulatory paperwork, Dan Bensimon, the company's senior…

MondayJul 27, 2009 10:15 am

Suspect Detection Systems, Inc. (SDSS.OB) Completes R&D for Military Use

Suspect Detection Systems Inc. is a developer of proprietary counter-terror and crime prevention technology designed to identify threats in real-time and prevent incidents before they are carried out. The company's technology detects the hidden 'hostile intent' of assailants before they commit their intended acts with a remarkable degree of accuracy. Suspect Detection Systems recently announced that they have successfully completed a two-year research and development project for the company's Cognito4M Military Grade Technology. This technology enables military and homeland security organizations to interrogate terror suspects while operating in precarious field conditions. Cognito4M has been developed to resolve one of the…

MondayJul 27, 2009 9:50 am

Addax Petroleum Corp. (TSX: AXC) Recognizes Record Second Quarter Production

Today, Addax Petroleum Corp. announced its operating results for the three month period ended June 30, 2009. Addax Petroleum's President and Chief Executive Officer, Jean Claude Gandur, commented, "Record production performance and improved commodity prices have contributed to another quarter of strong operating cash flows and healthy netbacks. During the quarter, we saw a significant progression in the Kurdistan Region of Iraq through the commencement of crude oil exports from the Taq Taq licence area. In addition, we were advised that the deepwater Pathfinder drillship should arrive in August to enable Addax Petroleum to commence exploration in the Deepwater Gulf…

MondayJul 27, 2009 9:32 am

Solar Energy Initiatives, Inc. (SNRY.OB) Granted Federal Funding

Solar Energy Initiatives, Inc., a company focused on helping redeploy a portion of the U.S. workforce while reducing the world’s dependence on fossil fuels, announced that it has secured federal stimulus funding to train displaced workers as solar energy installation and maintenance technicians. The funding is part of the American Recovery and Reinvestment Act of 2009, which was signed into law February 2009 by President Obama. The company also told investors that it is pursuing three additional grants. “Management is extremely pleased with the attainment of this first award of federal stimulus funding,” stated David Fann, Chief Executive Officer of…

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Month: July 2009