August 2013 - Page 9 of 18

FridayAug 16, 2013 8:25 am

Montalvo Spirits, Inc. (TQLA) Signs Distribution Agreement With Broken Heart Spirits

Montalvo Spirits announced yesterday the inking of a Master Distribution Contract with Broken Heart Spirits Limited. The contract will grant Montalvo Spirits exclusive master distribution rights in the United States for the coveted Broken Heart Gin line. "We are extremely excited to be the exclusive master distributor of Broken Heart Gin in the United States," states Alex Viecco, Montalvo's CEO. "It's a wonderful addition to Montalvo's family of brands and it takes us one step further in our quest to create a portfolio of ultra-premium, artisanal spirits." Home to the beautiful Lake Wakatipu, Broken Heart Gin is produced in Queenstown,…

ThursdayAug 15, 2013 4:34 pm

Raptor Resources Holdings, Inc. (RRHI) Subsidiary Inks Strategic Distribution Deals, Advancing Barite Production Plan

Raptor Resources is a holdings company focused on mineral resource acquisition, exploration, and development, operating through its two wholly owned subsidiaries: Mabwe Minerals, Inc. (OTCQB: MBMI), a natural resources and hard asset company engaged in the mining and commercial sales of industrial minerals & metals with first focus on barite; and TAG Minerals, a mineral & metal resource acquisition, exploration, and development company with first focus on alluvial surface gold. Through its partnership with PHI Commodities, Mabwe Minerals has exclusive load rights from the Shamva Rail Depot direct to the Port of Beria, Mozambique, utilizing their fleet of rail wagons.…

ThursdayAug 15, 2013 4:03 pm

Odyssey Marine Exploration, Inc. (OMEX) Wraps North Atlantic Expedition in Prime Position for Future Developments

Odyssey Marine Exploration, the innovative deep-ocean exploration company engaged in shipwreck and subsea mineral recovery, which has captured the world's attention with their successful harvest of millions of troy ounces of silver that went down with the WWII-era British merchant steamer, the SS Gairsoppa, announced completion today of their planned 90 day charter of the Swire Seabed AS vessel, the Seabed Worker, for 2013 North Atlantic operations. Several key results have come out of the company's North Atlantic operations, with the resounding success of the Gairsoppa recovery leading the way, after pulling a total of over 3.2M troy ounces of…

ThursdayAug 15, 2013 9:26 am

Max Sound Corp. (MAXD) Details Upcoming Launch of LiquidSpins Digital Music Gift Card

Max Sound Corp., a high definition (HD) audio company dedicated to significantly improving the quality of digital sound across multiple media and platforms without increasing file size, in partnership with prepaid products provider InComm and MAXD subsidiary Liquid Spins, has accelerated the production of new Liquid Spins digital music gift cards, and is adding a new look and additional locations to the current distribution network. The new Liquid Spins Giftcards will also direct consumers to the downloadable SPINS HD Audio app. For the initial roll-out, the gift cards will be strategically placed in approximately 4,050 convenience stores across the United…

ThursdayAug 15, 2013 9:24 am

SuperCom Ltd. (SPCBF) Signs Definitive Agreement to Acquire OTI’s SmartID Division

Leading electronic ID (EID), security, healthcare, homecare, and electronic monitoring solutions provider SuperCom has signed a definitive agreement with On Track Innovations Ltd. (OTI) to acquire that company’s SmartID division. This acquisition will include employees, all contracts software and other related technologies, patents, and IP assets. Once a due diligence process has been successfully concluded, SuperCom will pay $10 million with an earn-out mechanism of up to $12.5 million more (subject to a variety of performance criteria and milestones). The acquired SmartID division boasts a strong global presence and a wide range of competitive and well-known technology and EID solutions.…

ThursdayAug 15, 2013 9:22 am

Ecosphere Technologies, Inc. (ESPH) Posts Q2 Profit Increase, Divests Controlling Interest in Ecosphere Energy

Ecosphere Technologies, a water engineering, technology licensing, and manufacturing company that develops environmental water treatment solutions for industrial markets worldwide, reports second-quarter 2013 net income was $27.3 million, or $0.17 per share, compared to net income of $0.9 million, or $0.17 per share in the prior year period. The increase in earnings is primarily the result of a $29.5 million gain on the deconsolidation of Ecosphere Energy Services LLC (EES) to Fidelity National Financial (FNF) for $6 million and the transition of ESPH’s activities within the energy sector to the next phase of its business model in that sector. As…

ThursdayAug 15, 2013 9:18 am

Bioheart, Inc. (BHRT) President Mike Tomas Appointed by Governor to Workforce Florida’s Board of Directors

Bioheart announced that its President and CEO, Mike Tomas, has been appointed to serve on Workforce Florida's Board of Directors. Florida Governor Rick Scott chose Mr. Tomas, one of 15 Floridians appointed, to serve a four-year term. Workforce Florida oversees the state's workforce system and develops strategies to improve and support the state's business environment and economy. In addition to his role at Bioheart, Mr. Tomas is also president of the ASTRI Group, an early-stage private equity investment company that provides capital, business development, and strategic marketing support to emerging private companies. He is known as an experienced marketer and…

ThursdayAug 15, 2013 9:09 am

GlobalWise Investments, Inc. (GWIV) Reports Second Quarter 2013 Earnings

GlobalWise Investments yesterday reported its financial results for the quarter ending June 30th, 2013. The company’s total revenues for the quarter were $581,164. This represents a 35% decrease from last year, when total revenues were $887,285. GlobalWise attributes this to decreases in revenues from software licenses with professional services and consulting services. Second quarter gross profits were $398,801 this year compared to $597,123 for the same period last year, representing a decrease of 33%. This was primarily a result of the decrease in revenues. GlobalWise’s costs of revenues were $182,363 in 2013’s second quarter and $290,162 in 2012’s second quarter,…

WednesdayAug 14, 2013 3:25 pm

NanoTech Entertainment (NTEK) Financial Results Surpass Management Projections

NanoTech Entertainment, an entertainment technology company, announced today through its annual financial reporting that it has achieved its first quarterly profit. Projected quarterly revenues surpassed management expectations by 10% for the period ending June 30, 2013. NanoTech attributes its success to expansion into the gaming and media industries. Jeff Foley, CEO of NanoTech, said that he expects continued revenue growth into the next quarter. "We expect to continue to grow as we increase the number of streaming television channels that we offer, featuring both original and licensed content. We are also excited about the upcoming release of new products from…

WednesdayAug 14, 2013 1:15 pm

Consorteum Holdings, Inc. (CSRH) Pursues Opportunities in Digital Technology Marketplace with Newly Formed Subsidiary

Consorteum Holdings, an international transaction management and mobile publishing company, today announced organizational developments underway to expedite new market entries in technology and payment solutions. A new business entity, ThreeFiftyNine Inc., has been incorporated in Nevada, US as the lead operational business and a wholly owned subsidiary of CSRH. The new wholly owned subsidiary aims to be a highly differentiated business in the digital space, with brand development continuing for a launch in early Q4. The business is commercializing a number of new business opportunities that have been under evaluation. This involves formalizing a structure to support go-to-market programs that…

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Month: August 2013