December 2009 - Page 28 of 28

TuesdayDec 01, 2009 10:18 am

Monarch Financial Holdings, Inc. (MNRK) Prices Preferred Stock Issue

Monarch Financial Holdings, Inc. priced an offering of 700,000 shares of noncumulative convertible perpetual preferred stock at a price of $25.00 per share. The company estimates its gross proceeds at $17.5 million. The noncumulative convertible perpetual preferred stock has a dividend yield of 7.8% and is convertible into 3.125 shares of common stock of Monarch Financial Holdings, Inc. at a price of $8.00 per share. The management of Monarch Financial Holdings, Inc. said that the size of the issue was increased from 650,000 shares due to strong interest from investors. Brad E. Schwartz, the CEO of Monarch Financial Holdings, Inc,…

TuesdayDec 01, 2009 10:12 am

Denarii Resources, Inc. (DNRR.OB) Engages Expert Land Survey Company, White Wolf Land Services

Denarii Resources, Inc., a company specializing in the exploration of mineral properties in North America, recently announced that the Board of Directors has engaged the services of White Wolf Land Services, a land survey company located in Bakersfield, California. The professional employees of White Wolf Land Services work extensively in the California counties of Riverside and San Bernardino. Mr. Edward Harrington, B.Sc.,P. Geo.Senior Exploration Geologist to the company, has identified specific mining districts in the southwestern region of California. Under the terms of the agreement, White Wolf Land Services will conduct a thorough study of these recently identified lode mining…

TuesdayDec 01, 2009 10:11 am

Sanswire Corp. (SNSR.OB) Receives Major Funding Commitment

Sanswire Corporation, developer and provider of an integrated suite of aerospace communications products and services, announced they received a funding commitment arranged by Global Telesat Corporation (GTC) for the completion of the Commercial Version STS-111 Multi-Day UAV. GTC is a renowned satellite tracking provider and the union of Sanswire and Global Telestat seems to have incredible potential. For Sanswire to complete their lighter than-air UAV (The STS-111), GTC provided $800,000. Earlier in the year, GTC arranged funding that commenced the construction of the STS-111 which led to the development of the proprietary systems and construction of Sanswire’s TAO initial four-segment…

TuesdayDec 01, 2009 9:40 am

Omnicity Corp. (OMCY.OB) Announces Major Acquisition of AAA Wireless Assets

Omnicity Corp., the Midwest's largest fixed Wireless Internet Service Provider, excitedly announced today that it has agreed to purchase the assets of AAA Wireless, Inc. The assets to be purchased include a large, substantial network, estimated to have a footprint in excess of 80,000 homes with 39 towers. This acquisition will increase Omnicity's reach by more than 30%. In 2008, the AAA Wireless network serviced over 190 schools generating in excess of $5m in revenue. Greg Jarman, CEO of Omnicity, stated, "We are very pleased to have reached formal agreement to purchase these assets. The large number of homes, the…

TuesdayDec 01, 2009 9:27 am

General Environmental Management, Inc. (GEVI.OB) Reminds Investors of First-Ever Earnings Conference Call 12/2/09 at 4:30pm EST

General Environmental Management, Inc. yesterday issued a press release to remind the investment community of its first-ever conference call that will take place December 2 at 4:30 EST/1:30 PST. Following prepared remarks and presentation of the operating results, the call will be open to questions and answers. During the investor call, General Environmental Management will provide detailed information on the acquisition of Santa Clara Waste Water (SCWW). GEM Management will also discuss the company’s efforts to acquire, license or partner with waste-to-energy technologies and companies. The participant dial-in number is: 1-480-629-9712. If you have an interest in GEVI and would…

TuesdayDec 01, 2009 9:00 am

eDoorways Corp. (EDWY.PK) Selects Drupal to Expedite Platform’s Web 3.0 Integration

eDoorways Corp. announced this morning that it has chosen to rely on Drupal, an Open Source Content Management System written in PHP and distributed under the GNU General Public License, to accelerate its Web 3.0 development and delivery of SOLVE version "Beta 2.0", which will include the first incarnation of the platform's mobile applications. "Drupal is a globally established Open Source software with over 2 million downloads since 2001," stated Gary Kimmons, Chairman & CEO of eDoorways Corporation. "Open Source is indeed the future of the Internet." Google's increasingly popular cell phone operating system, called Android, is Open Source. Furthermore,…

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Month: December 2009

Monarch Financial Holdings, Inc. (MNRK) Prices Preferred Stock Issue

Denarii Resources, Inc. (DNRR.OB) Engages Expert Land Survey Company, White Wolf Land Services

Sanswire Corp. (SNSR.OB) Receives Major Funding Commitment

Omnicity Corp. (OMCY.OB) Announces Major Acquisition of AAA Wireless Assets

General Environmental Management, Inc. (GEVI.OB) Reminds Investors of First-Ever Earnings Conference Call 12/2/09 at 4:30pm EST

eDoorways Corp. (EDWY.PK) Selects Drupal to Expedite Platform’s Web 3.0 Integration

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