December 2009 - Page 5 of 28

MondayDec 28, 2009 12:49 pm

Axion Power International Inc. (AXPW.OB) Awarded $248,650 to Deploy its PowerCube™ Battery Storage System for Smart Grid Technology

Axion Power International Inc. announced today an exciting opportunity to further capitalize on its proprietary lead-carbon PbC® battery technology by developing the Axion PowerCube™ under a $248,650 grant from the Pennsylvania Energy Development Authority. The PowerCube system is part of a 500-kilowatt installation to be deployed at Axion's New Castle manufacturing plant. Chief in its design is abundant use of AXPM’s PbC technology featuring tight integration with a Smart Grid electrical system, as well as a solar-powered or wind-powered electrical vehicle charging station. Governor Edward G. Rendell declared that the PowerCube represented exactly the kind of "innovative green energy project”…

MondayDec 28, 2009 12:12 pm

FormCap Corp. (FRMC.PK) Has High Hopes for Prospect in Permian Basin

FormCap Corp. is a domestic oil and gas exploration and development company. To date, the company has assembled 4,800 acres of oil and gas leases – the Weber City Prospect – located in Curry County, New Mexico. The company's Weber City Prospect is geologically located on the northern flank of the prolific Permian Basin. The initial well within the prospect will be drilled to a total depth of 7,000 feet to test four potentially productive hydrocarbon zones – the San Andres, Clearfork, Wolfcamp, and the Cisco Formation. Based on a modeling of a 'look-alike' existing and productive field – the…

MondayDec 28, 2009 12:05 pm

China New Media Corp. (CMDI.OB) To Trade Under New Symbol

One company that has started to make a name for their corporation is China New Media Corporation. Founded in September 2000, the young company is headquartered in Dailian, China, the country’s largest outdoor media network, and is located directly in the commercial center of Northeastern China. China New Media Corporation is quickly becoming a recognized name with the young company owning the region's largest outdoor media network encompassing over 600 bus shelters furnished with billboards and displays; 130 taxi stops with displays; and 13 large-size billboards, including 3 large-size LED displays at major traffic conjunctions. Earlier this month, China New…

MondayDec 28, 2009 11:59 am

North American Palladium Ltd. (PAL) Finds Palladium Project Producing to Expectation, Gold Project Moving Forward Nicely

Finding a company that is about to make the jump from being considered a "small-fry" level company to a mid-level company is the trick to making a nice profit. The opportunity in this regard is not often found or seen. If it can be found, however, profit may be had. Commodity investments in this area are more risky as price changes can move the equation overnight. In any event, there is some risk but also profit if the jump is made. North American Palladium Ltd., a base metals exploration and development company, works to find, develop and exploit bases metals…

MondayDec 28, 2009 9:23 am

ADA-ES, Inc. (ADES) JV to Supply Up to 30 Million Pounds of Activated Carbon

ADA Carbon Solutions, LLC, a joint venture owned by ADA-ES, Inc. (NASDAQ: ADES), a leader in clean coal technology and the associated specialty chemicals, and Energy Capital Partners, recently announced that the company has secured two new contracts to provide activated carbon to control mercury emissions. Under the terms of the contracts, ACS will supply these power plant customers with approximately 25 to 30 million pounds of activated carbon. In addition to the new contracts, ACS is currently building the largest activated carbon production line in North America in Coushatta, Louisiana. Designed to produce 150 million pounds of activated carbon…

MondayDec 28, 2009 9:21 am

Consumer Spending Reflects Holiday Cheer, but no Increase in New Home Sale

While consumer shopping contributed to a second straight monthly increase in November, the purchases don’t reflect new home shopping. While holiday shopping fueled the two-month increase in consumer spending, it’s not enough to power or even signal strong economic recovery. Despite the bleak job market, those who are fortunate enough to do so are paying down debts on concerns of the future and whether or not their employment blessings will last through the next year. On the other hand, that same job insecurity is keeping people from signing mortgage papers. November marked an 11 percent decrease in new home sales…

MondayDec 28, 2009 9:12 am

eDoorways Corp. (EDWY.PK) Successfully Releases First Doorway

eDoorways Corporation, a web-based consumer problem-solving gateway, lifestyle information source, and online business-to-consumer marketplace, successfully released the long awaited beta version of its first doorway, "SOLVE" v1.0, over the Christmas week-end. Initially covering businesses in Austin, Texas, but allowing international access, this doorway connects the consumer with providers of those goods and services that are being pursued, connecting real people with real solutions in "real-time." In a statement given on Christmas Morning, Gary Kimmons, Chairman & CEO of eDoorways, said, "We are extremely thrilled about our being able to give to our shareholders what we consider the best gift we…

MondayDec 28, 2009 8:51 am

Consorteum Holdings Inc. (CSRH.OB) Strategically Targets Multiple Financial Markets with Recurring Revenue Strategy

Consorteum Holdings Inc. is a technology systems integrating company in the financial services, payment and transaction processing industries. The company provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sectors companies. Thanks to the vast experience of the company's management team, Consorteum has been able to develop a well-thought out strategy to capitalize on the global opportunities within the growing financial services, payment and transaction marketplace. The company recognized a requirement within these industries to provide right source solutions to companies looking to maximize their business potential. The current economic slowdown has all companies…

ThursdayDec 24, 2009 5:46 pm

Market Schedule for the Holidays

In observance of the Christmas and New Year’s holidays, the U.S. exchanges will observe the following schedule: Thursday, December 24, 2009 – All equity and option markets will close at 1 p.m. (ET) – The fixed income market will close at 2 p.m. (ET) – The markets for preferred stocks and equity UIT’s will close at 12:45 p.m. (ET) – After-hours trading will operate from 1:15 p.m. to 3 p.m. (ET) – Auction-Rate Preferred’s close at 9:15 a.m. Friday, December 25, 2009 - All U.S. exchanges will be closed. Monday, December 28, 2009 - Normal trading session hours for all…

WednesdayDec 23, 2009 2:47 pm

General Environmental Management, Inc. (GEVI.OB) Moves Forward With Sales and Acquisitions

General Environmental Management Inc. recently completed the acquisition of Santa Clara Waste Water (SCWW), a profitable full-service environmental services company focusing on waste water treatment. SCWW has been doing business for over 50 years, and has treated more than 2 billion gallons of waste water. It’s listed as one of the top 100 privately owned non-hazardous waste water utilities in the country. The acquisition was financed through the issuance of six promissory notes, totaling $9,003,000, along with warrants for the principals of SCWW to purchase 425,000 shares of GEM common stock. The interest rate for the notes is 6½% per…

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Month: December 2009