Archive for July, 2007

PetroSun (PSUD.PK) Shares Soar 37.5%

Tuesday, July 31st, 2007
PSUD

Shares of PetroSun, Inc climbed 37.5% today on light volume following yesterdays news that the Company has executed a Purchase Agreement with Mobile Equipment Services Company of Dewey, Oklahoma to acquire an automated top-drive drilling rig for its Arizona exploration program. The SR-35 will be remanufactured with a depth rating of 5,500 feet. PetroSun anticipates delivery within sixty days.

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Reed’s Inc. (REED.OB) Announces Exclusive Distribution Agreement with All-Star Distributing

Tuesday, July 31st, 2007
Reeds

Reed’s, Inc. (REED.OB) announced today that it has entered into an exclusive distribution agreement with All-Star Distributing, a leading distributor of brand name beverages, for distribution of Reed’s brands throughout Central Pennsylvania.

Christopher Reed, Founder and CEO of Reed’s, Inc., stated, “All-Star Distributing has been in business since 1975 and has built a strong reputation as a beer wholesaler in Central Pennsylvania. We are tremendously excited to be a part of their expansion into non-alcoholic beverages. All-Star Distributing’s relationships with over 25 leading brand name suppliers, which range from Coors and Yuengling to Gallo and Mike’s Hard beverages, as well as their extensive regional expertise, makes them an ideal platform from which to further extend the reach of the Reed’s brand within the Central Pennsylvania market.”

Reed’s Inc. continues to add to their distribution channels this summer. The agreement with All-Star Distributing, is the companies 2nd distribution deal this month, after signing into an exclusive distribution agreement with Heidelberg Distributing for distribution of Reed’s soft drinks throughout Ohio.

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Wall Street News Alert Puts Edgeline Holdings, Inc. (ELHI.OB) On Watch.

Tuesday, July 31st, 2007

With the world-wide boom in VoIP and IP Telephony, together with its recent acquisition, Edgeline Holdings, Inc. (OTCBB: ELHI) is a new high technology stock that should have aggressive investors watching. Tuesday after the markets closed, this new company, specializing in the area of discovering and acquiring leading-edge niche technologies, issued a press release announcing that it’s Beta version of its application layer attack sensor (ALAS), which is a key component of its Secure SIP Technology initiative and addresses the billion dollar VOIP market, will be ready for customer evaluation within 60 days.

This technology should excite investors! IP telephony is a revolutionary technology with the potential to completely rework the world’s phone systems. It is constantly gaining popularity and the number of IP telephony enabled networks continues to grow rapidly. It should come as no surprise that these networks are a prime target for different types of attacks. IP telephony enabled networks are complex. The potential targets and vulnerabilities are numerous and so are the different types of attacks that might be utilized. The importance of this kind of product to the market is obvious, knowing the availability demands put on the telephony services of today. The Company’s approach is unique and Secure Voice is pursuing a patent for this unique technology.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Edgeline Holdings! Recently acquired, Secure Voice’s addressable market is the worldwide commercial and enterprise communications sector.

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Companies on the Move on the Pink Sheets

Tuesday, July 31st, 2007

Several companies on the Pink Sheets are making noise in the markets today, surrounding news or intentions of acquisitions. Oxford Funding Corp. (Pink Sheets: OXFD) may not be acquiring another company, but the company is acquiring a portfolio of under-performing loans at a substantial discount from a U.S. mortgage lender.

Evan with the housing market facing serious problems and the mortgage sector in shambles, Oxford believes the acquisition of these under-performing loans might have a potential turnaround to become profitable.

Oxford, which plans on receiving $3 million in these under-performing loans, will be receiving these loans at quite a discount.

“We expect this to be a highly profitable acquisition for the company,” stated OXFD’s CEO, Ronald Redd, in a statement. “In addition, we are hoping to make a series of additional portfolio acquisitions from this nationwide lender over the next several months. We have structured this transaction to be profitable to both our investors and our shareholders.”

Oxford is currently trading at $2.00 per share, a gain of 7 cents, or 3 percent today. Oxford’s main strategy is to acquire these types of loans at a discount and hopefully rehabilitate the portfolio and turn it around for a profit.

Emergency Filtration Products Inc. (Pink Sheets: EMFP) and Applied Nanoscience Inc. (Pink Sheets: APNN) announced earlier today that they have signed a letter of intent to combine the two companies in an all-stock transaction.

Emergency Filtration stock has jumped 4 cents, or 15 percent, since the announcement of the news to 30 cents on the day. In contrast, Applied Nanoscience is down 3 cents, or 4 percent, to 72 cents.

Through the terms of the deal, Emergency Filtration will in essence own 62 percent of the combined company. Also, the board of directors will consist of three members from Emergency Filtration, and two members from Applied Nanonscience.

“The merger of these two companies will result in a number of advantages that can produce superior value to the shareholders of both companies,” said Philip Dascher, CEO of Emergency Filtration, in a statement.

“Joining forces with Applied Nanoscience should produce a number of significant recurring cost savings by creating a single corporate entity whose product and intellectual property portfolio will make it easier to access capital markets. We expect this merger and the resulting benefits to enable us to build a significant business within a relatively short time.”

Pink Sheet Earnings Although companies trading on the Pink Sheets are not required to file with the Securities and Exchange Commission (SEC), they do still release information on earnings to keep investors updated.

Expo Holdings Inc. (Pink Sheets: EXPH) announced this morning its third consecutive quarter of profitability. During the second quarter, the company was able to generate $1.054 million in sales, which provided the company with a net income of $40,720.

According to J.D. Brown, chairman and CEO of Expo Holdings, in an earlier statement, “Continued strong execution by our management team and our valued team members has delivered another profitable quarter for our shareholders. Typically first and second quarter lag behind third and fourth quarter in terms of gross sales. We expect strong demand in the third and fourth quarter from many of our customers including our largest customer a Fortune 100 retailer.”

During the first half of the year the company exceeded $2.7 million in sales; the stock price is currently up 35 percent to about 3 cents on the day.

All Nippon Airways Co., based out of Japan, announced it had net profit of $87.38 billion yen, which is about US$735 million. This was generated from an extraordinary profit from the sale of its hotel operations.

Yesterday the company announced plans to be the first airline to implement an all-electronic ticketing system. This system eliminates the use of a paper ticketing system and shifts the tickets to the screen of your cell phone or to an electronic card that can be scanned by the special scanner.

The company plans on generating US$54 million next year with revenues totaling a little more than US$125 million.

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Cambridge Display Shares Soar 89 Percent

Tuesday, July 31st, 2007

Shares of Cambridge Display Technology Inc. (CDT) (Nasdaq: OLED) soared throughout the day, closing up $5.47, about 89 percent, to $11.62 at the market’s close – easily surpassing the company’s 52-week high of $7.88.

Cambridge announced today it has agreed to be acquired for $12 per share, an aggregate of $285 million, by its Japan-based licensee Sumitomo Chemical Co. to expand its display material business.

“In recent years, Sumitomo Chemical has positioned its display materials business as one of its strategically important business areas and an area of focus for our business resources. P-OLEDs are expected to see considerable market growth in the future as next-generation materials for flat panel displays and lighting applications, and our company is actively engaged in the development of new materials and the improvement of device technologies,” Hiromasa Yonekura, president of Sumitomo Chemical, said in a statement.

Polymer Organic Light Emitting Diodes (P-OLEDs) are used in flat-panel displays – they’re thin and lightweight power devices that emit light when electricity flows through the device. It’s the same technology applied to mobile phones, MP3 players and medical equipment. That said, it’s a booming market – one that both companies intend to bank on.

“We have built a close cooperative relationship with CDT up to this point, and the complete integration of both companies’ technological and intellectual assets through this acquisition will make it possible to greatly accelerate development. We are very grateful for the support of the CDT board of directors and major shareholders, and I am pleased to extend a warm welcome to all our colleagues at CDT on behalf of Sumitomo Chemical,” said Yonekura.

The merger is expected to be finalized by the third or fourth quarter and is subject to shareholder approval.

“I am delighted to recommend this merger to our stockholders, as is the entire board of directors. I believe that the acquisition of CDT by Sumitomo Chemical will significantly enhance the prospects for P-OLED technology adoption, especially as P-OLED is looking ever more likely to become the next mainstream display technology,” said David Fyfe, chairman and CEO of Cambridge.

“We have admired the long term commitment of Sumitomo Chemical to the development of this very important technology and believe this merger is not only in the best interest of our shareholders but also of our employees and the global display industry,” Fyfe added.

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Novavax Begins Test on New Vaccine Technology

Tuesday, July 31st, 2007

Share prices for biotech vaccine developer Novavax Inc. (NASDAQ: NVAX) climbed a respectable 8 percent over the course of the day today, thanks to the news that the company has started the first human clinical trial of its vaccine for the pandemic flu virus.

According to the latest statement from the company, Novavax has begun vaccinating 230 healthy human volunteers for the trial of its Virus-Like Particle (VLP)-based H5N1 clade 2 pandemic influenza vaccine to determine both the safety and immunogenicity – that is, the ability of any particular substance in a biological system to provoke an immune response – of the vaccine. At this point, the tests are still in the Phase I/IIa phase; if the tests prove positive, then the vaccine will move to a Phase IIb immunogenicity study.

One of the most interesting things about the vaccine isn’t the vaccine itself, but the VLP technology used to develop and transmit it. According to Novavax CEO Rahul Singhvi, the whole purpose of VLP technology is to create a protein replica of the virus in question to make the body think it’s been infected, thus promoting an immune response, when in reality the patient is quite safe.

“VLP is an attempted reconstruction of the virus using microbiology or genetic engineering. By that, I mean that you take the genetic material and extract it to create a new protein, and if you extract two or three of these proteins from the virus, you can reconstruct the structure of the virus without having the ‘guts’ of the virus which are responsible for replication,” Singhvi told MN1. “So what you have is a decoy, or a ‘ghost’ virus, that has all the decorations of the real virus but none of the ability to replicate itself and cause disease.

“The immune system thinks it’s been infected by the virus, so it gets all its antibodies [up and working] to protect itself,” Singhvi added. “The product is unable to overrun the immune system by causing the disease, so you have the best of both worlds – you have a strong immune response, but at the same time you’re completely safe.”

While working on a vaccine for the flu virus may not sound very important, it’s important to note that a flu pandemic – or any pandemic – can wreck havoc in any civilized area. Need examples? Take the influenza pandemic of 1918, better known as “Spanish Flu” or “La Grippe.” Within the span of a single year, somewhere between 50 million and 100 million people reportedly died from the disease. Since then, at least two large-scale influenza pandemics have been reported, both in Asia, proving that the danger of a large-scale influenza outbreak is possible even in today’s advanced world.

And that’s why companies like Novavax are so important these days. While there aren’t any reported influenza pandemics currently coursing through the world currently, that’s no guarantee one couldn’t crop up in the increasingly poor conditions in some Third World countries. After all, it’s better to be safe than sorry – a viewpoint Singhvi supports whole-heartedly.

“Just because there’s not a pandemic doesn’t mean there’s never going to be one,” Singhvi said. “I think there’s a responsibility that every government has to put together some sort of insurance policy for protecting their citizens in case a threat ever materializes. I think one of the best insurance policies you can buy is to have a vaccine that can be given to the people and can be used to protect against an eventual pandemic whenever it comes. If the pandemic materializes, it could devastate economies around the world; it could not only take millions of lives, but it can bring even a developed country to its knees. There’s a great need for a better product, and I think what we’ve done is apply our technology to an important medical problem.”

And since the vaccine creation process behind the vaccine is much safer than other methods – no virus eggs or live viruses are used, just a mimic of the virus’s shell – Novavax’s VPL technology could mean wonders for the industry. Still, M.D. Penny Heaton, Novavax’s chief medical officer and vice president, said the company will be monitoring the tests for any problems.

“We’ll be monitoring the safety of all the participants in the trial very closely,” Heaton said. “Given that the vaccine does not replicate, we don’t anticipate any major side-effects, but we will monitor the safety of the vaccine very closely as we would with any investigational product.

“We’re estimating the study will take about a year, and we’re looking at announcing our final results by this time next year,” Heaton added.

Novavax closed at $2.97 a share, 21 cents higher than its opening price of $2.76. There were almost 200 trades of the stock today, and the dollar volume hit just over $1.9 million.

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IFT Shares up 22 Percent on News of Product Sales

Tuesday, July 31st, 2007

Shares of International Fuel Technology Inc. (ITF) (OTCBB: IFUE) are up 9 cents, nearly 22 percent, to 51 cents this morning, moving on volume of 1.5 million. The flux comes after this morning’s announcement Schnuck Markets Inc. has bought IFT’s fuel additive, DiesoLIFT 10, for use in its distribution fleet.

As a fuel performance enhancement company, IFT developed DiesoLIFT 10 as part its focus of providing its technology to industrial facilities using liquid hydrocarbon-based fuels. DiesoLIFT 10 is applicable to over-the-road, rail, marine and stationary power generations.

According to the statement released today, the sale to Schnuck comes after a fourth-month field trial in which IFT proved the efficiency of the DiesoLIFT 10. During the trial, the additive improved fuel economy by more than 6 percent in Schnucks fleet of about 100 trucks.

“With such a large fleet, we are constantly seeking ways to reduce fuel consumption, cut back on emissions, and make our fleet more efficient,” said Steve Carroll, Schnuck director of transportation, in the press release. “IFT’s DiesoLIFT technology has provided a significant boost to our fleet’s overall fuel economy, which translates to immense savings on our annual fuel costs that can then be passed on to our customers. IFT’s products have also been easy to implement and fit perfectly with Schnuck’s ongoing commitment to having one of the most fuel-efficient fleets in the country.”

Paul Lee, IFT director of North American Road Transportation, said the company is working on other products revolving around centrally-fueled fleets in North America, which are expected to generate revenue to ITF this year.

“Our goal is to deliver the multiple benefits and cost savings provided by IFT technology to as many end users as possible,” said Lee.

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SEC to Crack Down on Fraud

Tuesday, July 31st, 2007

It looks like the Securities and Exchange Commission (SEC) is going to crack down even harder on individuals looking to manipulate the market for their own needs this year, according to this morning’s statement from SEC Chairman Christopher Cox to the Banking, Housing and Urban Affairs Committee of the U.S. Senate.

“The initiatives underway at the Commission have a common theme: they are aimed at benefiting investors whose returns are dependent on healthy, well-functioning markets,” Cox said. “Back in Joseph Kennedy’s day, our first SEC Chairman was amazed that ‘one person in every 10′ owned stocks. But today, more than half of all households own securities.”

According to Cox, one of the problems of a rapidly evolving financial market is the increasing number of pitfalls and risks that evolve with it. As the market grows, “fraud artists” and other con men grow with it, taking advantage of people who may be less informed about the risks of the market or simply don’t know any better. And that’s what the SEC wants to stop.

“We are pursuing individuals and firms who have falsified corporate documents, engaged in self-enrichment to the detriment of their investors, and attempted cover-ups of this sort of conduct. We are investigating and filing actions against perpetuators of Internet scams, pump-and-dump schemes, and prime bank frauds, executives who have lied to their auditors, and accountants, lawyers and other gatekeepers who have joined in the fraud themselves.”

It sounds like the SEC’s already made some headway in this regard. According to Cox’s statement, the SEC has already returned over $2 billion to investors through the Sarbanes-Oxley Act, which the SEC enacted five years ago. Still, the SEC isn’t satisfied, and is looking to “improve on … efforts in this area” by creating an office dedicated exclusively to the distribution of Fair Funds by October.

In addition, the SEC has decided to improve on the Sarbanes-Oxley Act. It recently approved new guidance in implementing section 404 of the Act, and the SEC voted to approve the Public Company Accounting Oversight Board’s (PCAOB) new auditing standard to streamline and improve the audit of any company’s internal controls.

“The new auditing standard and new management guidance should encourage executives, auditors, directors and audit committee members to focus on the material risks that investors care about,” Cox continued. “These actions also represent more than two years of hard work aimed at improving the implementation of [this act] for companies of all sizes.”

The SEC also focused on the enforcement, education and “rulemaking” efforts on one of the most vulnerable groups of investors on the market – senior citizens. In addition to creating 26 enforcement actions aimed specifically at protecting elderly investors in the past year, the commission is also intent on educating elderly investors and their caregivers about some of the dangers of investing.

The SEC is also pumping up its Enforcement Division to deal with “emerging risks” as they occur, like stock options backdating and microcap fraud.

“We are paying particular attention to ensuring the fairness of our trading markets in order to maintain investor confidence in those markets,” Cox said in the statement. “In the past few years, the commission has brought numerous enforcement actions alleging that hedge fund portfolio managers engaged in insider trading. We have created a hedge fund working group within our Enforcement Division to … coordinate and enhance our efforts to combat hedge fund insider trading.”

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Valley Forge’s Agreement with NASA Sends Shares up 15 Percent

Tuesday, July 31st, 2007

Valley Forge Technologies Inc. (OTCBB: VLYF) shares are up $1.05, nearly 14 percent, to $8.80, rolling off this morning’s news. Today the developer and manufacture of next generation detection and aerospace systems announced it has signed an agreement with NASA in which Valley Forge will provide Attitude Control Instruments to fit NASA specifications.

According to the statement, the company’s experience with satellite momentum wheels and bearing fields allowed it to produce a composite rotor that is lighter, more stable, and less expensive than currently used metal rotors.

“Our aerospace section is rapidly evolving and this venture represents a fantastic opportunity. We are continually working to provide simple, high performance space technologies and look forward to becoming an ongoing supplier for NASA,” Randy Broadright, Valley Forge chief of operations, said in the statement.

However, Lou Brothers, CEO of Valley Forge, told MN1 that this morning’s news may not be the only reason for stock activity, but rather a reflection of the general recognition that the country needs to be protected and that his company can provide technologies to do that.

The company’s THOR LVX and ODIN systems are detection technologies for use on cargo and humans, respectively, capable of detecting explosives, nuclear materials and other dangerous substances.

“It’s not just the news … people are voting with their belief that the country needs this technology and that they want to be safe and they want cargo scanned. Everybody knows there’s a need for it. I think some of the stock is a reflection of the people actually voting that this is important to them,” Brothers said. “We’ve worked a long time to finalize the products and to roll them out to market and the fact that that is relatively around the corner I think there’s a lot of excitement about the stock.”

Still, the company welcomes the contract with NASA and Brothers said he understands the responsibilities that product recognition and more contracts bring.

“It’s very rewarding – I’m humbled by the response we’ve gotten. Of course now we have some serious responsibility here and we intend to do our job,” Brothers said.

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Economic Numbers Have Positive Feelings for Investors

Tuesday, July 31st, 2007

The stock market witnessed a strong morning start, and positive economic data released early this morning could be a driving force leading the stock market’s rally this morning.

Consumer Confidence Index for July rose this morning by 7.3 compared to June’s revised index of 105.3 to 112.6. The level has reached a six-year high as conditions in the job market and business have improved.

As the confidence level increased, the Commerce Department reported that consumer spending rose by 0.1 percent in June. The minimal change in June might signal a potential cooling off in spending, as the change in personal income has been relatively steady at 0.4 percent over the previous months.

This cool off in spending has helped drive consumer saving levels higher. While consumer income rose, the core personal consumption expenditures level, which includes durables, nondurables, and services, rose by 0.1 percent behind a forecast of 0.2 percent.

“The consumer economy, once again, remains on a firmer footing than it has generally been given credit for,” said Richard DeKaser, chief economist at National City Corp. (NYSE: NCC), in a statement on Bloomberg.com. “Even in spite of the pause in spending, we will see them come back”

The housing markets continue to experience woes as the construction spending level in June changed by negative .3 percent. In May the spending changed by almost 1 percent but was unable to carry into June.

According to CNBC.com, Phil Dow, director of equity strategy at RBC Dain Rauscher, said, “My suspicion is we’re not over the subprime woes. My guess is there will be further hurdles to come, but by and large, the trend is up in my opinion.”

Even with the tumble in construction spending, the other economic indicators helped provide stability and reassurances in the markets. The housing market, which has been having a terrible year, can stumble without the market panicking because consumers are used to the troubles facing this sector.

Sal Guatieri, senior economist at BMO Capital Markets in Toronto, stated on Bloomberg, “Once housing stabilizes, we’ll see overall construction spending pick up. A stabilization in housing isn’t going to happen until early next year.”

Even with the market taking a brutal beating last week, the market’s great start this week as it tries to regain its footing shows that there is a lot of volatility still in the market. The overall feelings generated from the economic numbers are positive, but investors should continue to watch out for potential swings in the market.

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EMFP, APNN to Merge

Tuesday, July 31st, 2007

Share prices for Emergency Filtration Products (Pink Sheets: EMFP) jumped 23 percent to 32 cents a share today, thanks to the news that the company recently signed a letter of intent to merge with Applied Nanoscience Inc. (Pink Sheets: APNN).

According to the deal, Applied Nanoscience will issue around 34 million shares of its common stock and 17 million warrants in exchange for the $45 million outstanding shares of Emergency Filtration. At this point, Applied Nanosciences reportedly has $21 million common shares outstanding, and both companies have warrants or options to acquire additional shares outstanding.

As a result of the merger, Emergency Filtration will own approximately 62 percent of the fully merged company – which has yet to be named or assigned a permanent stock symbol – and five new members will be placed on the new company’s board of directors, three from Emergency Filtration and two from Applied Nanoscience.

Even without the news of the merger, these two companies sound ideally suited to work together. As can be guessed by the name, Emergency Filtration Products is a filtration technology company that offers a “highly efficient” microparticle air filter for medical filtration, along with a number of related products, such as a vapor isolation valve, a breathing circuit filter, and a device called the NanoMask. Likewise, Applied Nanoscience is focused mainly around nanotechnology, particularly in the use of nanotechnology as a filtration method to “not only filter bacteria and viruses from the air, but also act as a destructive absorbent” to eliminate microorganisms that get trapped in the filter.

Phillip Dascher, the CEO for Emergency Filtration Products, certainly thinks the merger is an excellent move.

“The merger of these companies will result in a number of advantages that can produce superior value to the shareholders of both companies,” Dascher said in the statement. “Since the bulk of the intellectual property resides with Applied Nanoscience, it makes eminent sense to merge and have both a potentially imminent commercial product application of the technology – the NanoMask – plus the many possible applications to incorporate nanoparticle-enhanced filter media, which include emergency response, home air quality, and transportation.”

Dascher also said that the merger with Applied Nanoscience would “produce a number of significant recurring cost savings,” and that the merger will “enable us to build a significant business within a relatively short time.”

Thomas Allen, the president and CEO of Applied Nanoscience, felt the same way.

“The proposed merger with Emergency Filtration Products will benefit our shareholders as it will allow us to more closely align with a company which will produce the first commercial validation of our technology,” Allen said. “Perhaps most [importantly], this merger will culminate in a company that can access the financial, technical and management resources necessary to build a highly successful enterprise.”

Attempts to review Emergency Filtration’s and Applied Nanoscience’s products were unsuccessful; Emergency Filtration’s Web site refused to load after repeated attempts to visit, and Applied Nanoscience has no listed Web site to support its product claims.

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YTB Int’l Announces New Ticker

Tuesday, July 31st, 2007

Shares for YTB International Inc. (Pink Sheets: YTBL) gradually climbed 28.39 percent over the course of the day to $8.05 a share by mid-morning, soaring on the news of its new ticker symbol and the subsequent update of its stock split.

According to the announcement, YTB International’s Class A common shares will begin trading under the new ticker symbol YTBLA on August 1, 2007, in accordance with the company’s recently announced stock reclassification. As a result, each share of Class B common stock will automatically convert into a share of Class A common stock; shareholders will receive two shares of Class B stock and one share of Class A stock for each share of existing common stock held at market close on July 31, 2007.

This is the latest piece of information about the company’s stock reclassification, which the company announced on July 17, 2007. An internet-based travel booking service provider, YTB International, Inc. operates through three subsidiaries: YourTravelBiz.com Inc., YTB Travel Network Inc., and REZconnect Technologies Inc.

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Everything’s Bigger in Texas for ERF Wireless

Tuesday, July 31st, 2007

Shares of ERF Wireless Inc. (OTCBB: ERFW) jumped up in mid-day trading after announcing the opening of its first US-BankNet in Texas. Shares of ERFW were up 9 cents (10 percent) to 97 cents per share on volume of just over 382,000 shares.

ERFW announced in a press release that its ERF Enterprise Network Services subsidiary has completed certification of the first segment of its US-BankNet system in the State of Texas. The encrypted, enterprise-class wireless and fiber network of US-BankNet will provide contracting financial institutions and large commercial customers in the state with high-speed connectivity to key service providers, the Federal Reserve, fiber gateways and the Internet.

“This is our next US-BankNet segment where we are incorporating over 60 towers now owned or controlled in Texas by our ERF Wireless Bundled Wireless Services subsidiary that is already servicing over 2,000 wireless customers throughout ERF Wireless’ WiNet Systems in Texas,” commented John Burns – CEO of ERF Enterprise Network Services – in a statement. “This arrangement was achieved through both acquisition and organic growth of ERF Wireless’ networks across the state.”

Looking forward, the company is setting a goal of closing at least 120 Texas BranchNet system sales out of the 656 banks and 640 credit unions in the state of Texas over the next five to seven years; and if successful, thereby potentially generating up to $120 million in initial design and construction revenues from its Texas BranchNet systems.

“The deployment of US-BankNet in Texas achieves another key milestone in our five-year strategic plan,” added Dr. H. Dean Cubley – chairman and CEO of ERFW – in a statement.

ERFW specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than twenty years.

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Chinese Patent Drives SOBM Up the Charts

Tuesday, July 31st, 2007

Shares of Sinobiomed Inc. (OTCBB: SOBM) jumped up in early trading today after announcing that its subsidiary was granted a Chinese patent. Shares of SOBM were up 25 cents (9 percent) to $3.07 per share on volume of just over 554,000 shares.

SOBM announced in a press release this morning that Shanghai Wanxing Bio-pharmaceuticals Co. Ltd., the company’s 82 percent owned subsidiary, has received the patent grant notice from the State Intellectual Property Office of the People’s Republic of China for “a purified recombinant batroxobin with high bioactivity.”

Natural batroxobin is the world’s most prescribed biological anti-bleeding agent, but also has high production costs and safety concerns. In China, natural batroxobin currently has more than 80 percent of the domestic market.

rBAT is the world’s first batroxobin synthesized through gene recombination. Shanghai Wanxing’s low-cost, high-yield production process enhances bioactivity and guarantees the highest levels of purity. Shanghai Wanxing developed rBAT to prevent and treat surgical bleeding; it is now in Phase II Clinical Trials.

“The State Intellectual Property Office’s granting of this patent for recombinant batroxobin confirms Sinobiomed’s ability to identify unmet or underserved medical needs and develop innovative, patentable products to meet them,” said Banjun Yang – president and CEO of SOBM – in a statement.

SOBM is a leading Chinese developer of genetically engineered recombinant protein drugs and vaccines. Based in Shanghai, SOBM currently has 10 products approved or in development: two on the market, one approved and market ready, four in clinical trials and three in research and development. The company’s products respond to a wide range of diseases and conditions, including malaria, hepatitis, surgical bleeding, cancer, rheumatoid arthritis, diabetic ulcers and burns, and blood cell regeneration.

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Early Movers with Big News

Tuesday, July 31st, 2007

As the market’s opening bell rings, investors fly out of the gates to begin trading. The major markets are following up yesterday’s gains by starting strong again today. The Dow is up 103.72 points to begin this morning, while the S&P and Nasdaq are up 10 and 20 points respectively as of 8:40 a.m. CDT. This should signal similar movements in the microcap markets today as we do have several companies making gains this morning.

HealthSport Inc. (OTCBB: HSPO) announced this morning the commencement of production of the latest addition to its offering of edible thin strip products, the Fix Hangover Strip, which is a supplement packed with nutrients to provide quick relief from hangover symptoms.

“Our Fix ingredients merged with this new edible film Strip technology is a fantastic combination,” said Clay Cooley, president of Cooley Nutraceuticals, in a statement earlier. “When you begin to look at the literature out there, hangovers cost society more than $100 billion dollars in lost wages, missed work days, and poor productivity. I think it’s safe to say there is a market for this product. Instant relief is a must, so our proven formula, paired with the delivery speed of the strips and the compact and convenient package, couldn’t be a better match. Our Web site has only been up for a week and a half, and we have not even started our marketing campaign; however, to date, we have had over 12,722 hits. The excitement this product offers speaks for itself.”

This could be the next best thing to help people deal with the problems of hangovers. Potentially, you could take one of these at night to help you receive aid while you sleep, and pop one when you wake up to help you feel refreshed and ready to start the day. The company’s stock price has increased 21 cents, or 18 percent, to $1.35 this morning.

Earnings reports have helped Zoom Technologies Inc. (Nasdaq: ZOOM) increase its stock price by 5 cents, nearly 5 percent, to $1.15. The leading producer of modems and communications products reported net sales of $4.3 million for the second quarter of 2007. Although this is down by 4 percent year over year, the company did increase its sales in the UK and North America by 20 percent and 6 percent respectively.

“We are unhappy with our losses, but encouraged by the progress we’ve made over the past year,” said, Frank Manning, Zoom’s president and CEO, in a statement. “We have significantly reduced expenses, and we have increased shelf space in both the U.S. and UK, our largest markets.”

The revenue gains seen in the UK and North America were probably enough to help maintain investors’ support after the announcement.

International Fuel Technology Inc. (OTCBB: IFUE) announced today that Schnuck Markets Inc. has purchased IFT’s DiesoLIFT 10 for use in its entire distribution fleet. The company’s share price has increased 12 cents, or 25 percent, to 54 cents this morning.

“With such a large fleet, we are constantly seeking ways to reduce fuel consumption, cut back on emissions, and make our fleet more efficient,” said Steve Carroll, Schnuck markets director of Transportation, in the press release. “IFT’s DiesoLIFT technology has provided a significant boost to our fleet’s overall fuel economy, which translates to immense savings on our annual fuel costs that can then be passed on to our customers. IFT’s products have also been easy to implement and fit perfectly with Schnucks ongoing commitment to having one of the most fuel-efficient fleets in the country.”

This purchase ordered followed successful field trials in which IFT demonstrated the efficacy of DiesoLIFT 10. This field trial helped Schucks realize they could get 6 percent better fuel economy in its trucks.

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Biofield Up 76 Percent

Tuesday, July 31st, 2007

Share prices for the Biofield Corp. (OTCBB: BZET) jumped an additional 76.4 percent this morning after rising 40 percent yesterday afternoon, following the recent announcement of its master license agreement with MacKay Group Limited.

According to the statement, this agreement grants the MacKay Group an “exclusive, sublicensable royalty-bearing license” to distribute, manufacture, develop and commercialize Biofield’s breast cancer technology on the worldwide market. In return, the MacKay Group will pay Biofield a number of royalties based on the gross receipts received by MacKay Group and its affiliates, along with a payment of $1 million for licensing fees.

This could be an excellent step up for Biofield Corp. A medical technology company that reportedly “engages in the development and provision of non-invasive diagnostic medical devices to assist in detecting breast cancer,” Biofield’s crown jewel is the Biofield Diagnostic System – a breast cancer diagnostic device that detects electrical discharges associated with the development of some cancers.

“The Biofield Diagnostic System is safe,” the company’s Web site reads. “There is no use of radiation, no compression of the breast and virtually no pain to the patient. During clinical trials, less than 0.005% of patients reported discomfort during the exam.”

In response to the news, Share prices leaped from yesterday’s closing price of 27 cents to the current price of 40 cents a share.

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Pre-Market Movers to Watch Today

Tuesday, July 31st, 2007

Pre-market movers generally give a good indication of companies whose stock might make dramatic jumps throughout the day. Investors are trying to capitalize on late news from yesterday after markets close by getting a jump on other investors early in the morning.

Napster Inc. (Nasdaq: NAPS) today confirmed a marketing campaign with Toshiba America information Systems Inc. Digital Products Division, that will make Napster To Go digital music available to customers who purchase Toshiba Satellite and Qosmio notebook computers in the United States.

“Working with Toshiba, which is one of the pre-eminent names in mobile computing and consumer electronics, again demonstrates Napster’s brand equity and the value we offer to subscribers,” said Napster CEO Chris Gorog in a statement. “Consumers who purchase the latest Toshiba notebooks will have instant access to digital music courtesy of the pre-installed Napster software. We’re excited to share music with them and to introduce them to Napster.”

According to the press release, the two styles of notebook computers will come pre-loaded with award winning software for one-click access straight out of the box. The company is making good strides to start Tuesday off by gaining 7 cents to $2.80 cents this morning.

ThermoGensis (Nasdaq: KOOL) announced yesterday the appointment of a new CEO and that the company has received the long awaited approval by the Federal Drug and Administration (FDA) for one of its products; the company also revised its revenue forecast for the 2007 fiscal year, slightly below analysts’ estimates.

The news didn’t fair well with investors as the stock retreated 25 cents this morning shifting the price 10 percent to $2.35 before the bell. The new CEO will be William Osgood, who joined ThermoGenesis as general manager of operations in January and was appointed president and chief financial officer in April.

“He’s viewed here as a pretty decisive leader,” said Matt Plavan, ThermoGenesis’ CFO, in a statement. “He’s certainly hit the ground running and done a good job of getting his arms around the subcontract manufacturer” that caused problems for the company last fall.”

The company predicted income for 2007 last fall to be between $20 million and $25 million, but last February the company lowered that estimate to $18 million to $22 million and yesterday revised that estimate even lower to $16.6 million to $16.9 million.

In other news this morning, The International Journal of Cancer published studies on the anti-cancer activity of Generex Biotechnology’s (Nasdaq: GNBT) Immunotherapeutic Vaccine. The company’s subsidiary, Antigen Express, is the developer of this immunotherapeutic vaccine.

“Our recent studies further establish the scientific underpinnings of the Antigen Express technology in general and for the clinical development of AE37 in particular,” said Dr. Eric von Hofe, president of Antigen Express. “Publication in the International Journal of Cancer demonstrates the thoroughness and scientific rigor that goes into the development of Antigen Express products.”

Generex is also the developer of Oral-lyn, which is oral insulin for diabetes type 1 and 2, and is administered by injection to be absorbed into the body by the lining of the inner mouth.

The company’s share price has generated 11 cents, up 7 percent, to $1.68 this morning.

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O.J Simpson Provides His Thoughts in an Exclusive MN1.com Interview

Tuesday, July 31st, 2007

This evening, O.J. Simpson was interviewed on MN1 by Kate Delaney. The first 30 minutes contained scripted questions which were answered by O.J. and the rest of the program was filled with interactive participation from visitors who engaged via phone, IM, chat or email.

MN1.com split the interview into four parts and will be showing Part 2 tomorrow at 6 PM EST. Today’s interview will be rebroadcasted later and a podcast will be available for the public to download shortly after.

Please share your thoughts: MN1 Message Board

Beacon Equity Research Awards Medina International Holdings Inc. (MIHI.OB) with $0.94 Target Price

Tuesday, July 31st, 2007

Medina International Holdings is a developing company that is focused on designing, manufacturing, and selling boats for the US market. Its boats are designed for private, state, local, federal agencies and military use.

The company’s boats offer superior power, safety, handling and stability and rank among the best boats in the market. Their patented hull designs make the boats safer and more stable than its competitors. The boats can also be custom designed for a variety of uses such as fire, search and rescue, security patrol, military, ambulatory care and more.

The U.S. boat building industry is large and growing. Last year nearly 73 million Americans, or 1/3 of American adults, participated in boating activities and according to MarineMarketingNews.com, global demand for recreational boats is expected to grow 7% annually through 2011.

The increasing awareness and demand for Medina’s boats could greatly increase future revenues and earnings. The research bureau closed its research report with a Speculative Buy rating and a $0.94 price target.

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Inform Worldwide Holdings, Inc. (IWWI.OB) Increases 5.83% on Record Breaking Volume

Tuesday, July 31st, 2007
iwwi

Inform Worldwide Holdings’s stock traded over 178,000 shares today and closed at $2.54. In this month alone, IWWI’s share price has increased 24% with volume continually increasing.

Inform Worldwide Holdings is engaged in identifying and pursuing revenue opportunities in natural resources development and servicing. The high demand for oil and natural gas has strongly grown the oil and gas exploration industry and offers Inform Worldwide excellent opportunity to substantially increase revenues.

The company’s partnership with Soam Oil & Gas Investments, LLC provides the company with an 80% net revenue interest in two projects located in Osage County. The projects are spread over 2,700 acres of land and include 68 wells which are producing approximately 60 barrels of oil per day.

The company believes there is great potential to double production by re-drilling 22 inactive wells on the Cornellus and Roark prospects, which could value production over $3.2 million next year, with ownership interest exceeding $2.5 million.

Please share your thoughts: Inform World Wide Holdings Message Board

Morning News Tuesday July 31st 2007

Tuesday, July 31st, 2007

General News:

-       Personal Consumption Expenditures (PCE) rose in line with expectations at 0.1% with core up 0.1% as well

-       Employment Cost Index (ECI) data shows government compensation up 1.1% and trending stronger than the private sector.  Wages and salaries are tame and show signs of mean reversion.  Financial activity was hard hit.

-       Headlines are saying that TXU buyers are considering a pull out and could pay $1 billion in break up fees.

-       In an SEC filing, PIMCO’s Bill Gross is said to have bought 100,000 shares of a corporate bond fund on July 25th.

-       The Chinese government may increase its shareholding in GB Group after already purchasing 15.5 million shares between June 15th and July 13th.

-       International Council of Shopping Centers report that sales rose 1.1% week over week as a result of back to school sales, marking the strongest increase since February.

 

Asia/Europe:

 

Asia:

-       Japanese housing starts rose 6.0% when -3.5% was expected.

-       Japanese small business confidence was unchanged and construction orders rose 26.4%.

-       The Japanese jobless rate fell 0.1% to 3.7%.

-       India raised its bank reserve requirements by 50 basis points.  Lenders must put aside 7% of deposits as of August 4th.

-       HK retail sales rose 14.3% in June.  10% was expected.

 

Europe:

-       German retail sales rose 0.7%, 1.2% was expected.

-       French consumer confidence fell.

-       German unemployment fell 45,000, more than expected.

-       Italy’s PPI rose 2.8% year over year, 3% was expected.

 

 

Corporate News:

-          Shares in GlaxoSmithKline PLC (GSK) rose and the drugmaker confirmed its 2007 earnings outlook after a U.S. Food and Drug Administration panel recommended that its diabetes drug Avandia remain on the market, but with stronger health warnings.

-          Cosan Ltd., a producer of sugar and ethanol, said it plans an initial public offering of 100 million shares, according to a filing with the Securities and Exchange Commission

-          Power provider Entergy Corp. (ETR) said its second-quarter profit slipped 5% and missed Wall Street expectations due to cooler weather and higher operational and maintenance costs.

-          American Electric Power (AEP) said its second-quarter profit rose slightly from a year ago, buoyed by price hikes, new contracts, more favorable weather and fewer unplanned outages.

-          Bemis Inc. (BMS), one of the country’s largest food packaging suppliers, said Tuesday its second-quarter profit rose a paltry 1.2% as sales volume declined because Americans seemed to be buying less pre-packaged meals due to rising grocery prices.

Gray Publishing & Media, Inc. (GPMIJ.PK) Partnerships Strategically Position the Company in a Growing Market

Tuesday, July 31st, 2007
gpmij

Gray Publishing & Media’s partnerships play a key role in the company’s ability to market directly to the customer without wasting resources on marketing efforts. The partnership with Phi Alpha Delta, the largest law and pre-law professional fraternity on campuses nationwide, enables Gray Publishing to market directly to students through the Phi Alpha Delta’s marketing representative program.

The company also has a partnership with Barnes & Noble, which is one of the largest book and textbook distributors on college campuses nationwide. Barnes & Noble’s website for digital books offers their customers Casebriefs’ products and the same quality service given through Casebriefs’ website.

Through the course of the upcoming academic year, Gray Publishing plans to announce various products and promotional sales to arouse the interest of its customers. The company has averaged 2.5 email advertisements per week to alert every customer of new, showcased and sale products.

Please share your thoughts: Gray Publishing & Media Message Board

StockGuru Trade Alert: EastBridge Investment Group Corporation (OTCBB: EBIG) Closes Up 33.33% and Up as Much as 53% since StockGuru Initiated Coverage

Tuesday, July 31st, 2007
StockGuru Trade Alert:

EastBridge Investment Group Corporation (OTCBB: EBIG) Closes Up 33.33% and Up as Much as 53% since StockGuru Initiated Coverage

EastBridge Closes Up with a Price of $0.10

This is an Increase of 33.33% Over Yesterday’s Close of $0.075

This also Marks the Highest Price Since StockGuru Announced Coverage on July 11th

EBIG Closed at $0.065 on July 10th

Based on Today’s Closing Price of $0.10, EBIG is Up 53.85% since StockGuru Began Coverage

EastBridge Investment Group Corporation (OTCBB: EBIG)

View the StockGuru Profile for EastBridge Investment:

http://www.stockguru.com/profiles/ebig/

We Invite you to Visit the All New StockGuru Blog!

Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.

Click HERE to visit the Blog, or go to:

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StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC was compensated 430,000 restricted shares directly from the company for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

StockGuru Alert: Lantis Laser – A Quantum Leap in Dental Imaging

Tuesday, July 31st, 2007
Lantis Laser – A Quantum Leap in Dental Imaging

Lantis Laser Inc. (OTC: LLSR)

What would you do if you knew someone had an exclusive lock for use in the dental field on technology produced by the leading research facility in the United States – the one that does the highest level research for our country, Livermore National Lab?

What would you do if you knew this research had been used to develop lasers that had been incredibly successful in other fields such as ophthalmology and gynecology?

What would you do if you knew this company was developing a new means of detecting periodontal disease and decay that was exclusive to them and affordable by all dentists?

Would you at least study the facts? We think you should.

Read Full Release Here:

http://stockguru.com/radar.php

We Invite you to Visit the All New StockGuru Blog!

Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.

Click HERE to visit the Blog, or go to:

http://stockguru.com/blog/

StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC was compensated $27,000 and 70,000 restricted shares directly from the company and 55,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises no longer holds shares.

StockGuru Stocks to Watch for Wednesday, August 1, 2007 Featuring IDGLOBAL, EastBridge Investment Group, Lantis Laser, and China Media Group

Tuesday, July 31st, 2007
IDGLOBAL Corporation (OTC: IDGJ)

IDGLOBAL Corporation (OTC: IDGJ) – Tuesday’s shares increased 6.25% to $0.17. 64,350 shares were traded. IDGLOBAL announced on July 31st that the Company received its first order from a major North American utility company (”Utility”) for its IDFORENSIX(TM) Loss Prevention products. Due to the highly sensitive nature of this program, IDGLOBAL and the Utility are not at liberty to disclose the name of the company and/or specifics of the program at this time; this to ensure the integrity of the IDFORENSIX(TM) loss prevention program as it is implemented. Phil Viggiani, VP of Sales for IDGLOBAL, commented: “Although IDGLOBAL has been generating substantial revenues from unsolicited work, we now have order confirmation for our first project in the lucrative utilities vertical — a result of an intense six-month scientific analysis, testing and work-up to prove that IDGLOBAL’s products apply an immediate solution to loss prevention and theft problems, as well as pass any and all durability needs for the utilities sector.”

IDGLOBAL Corporation is a Kelowna, British Columbia-based company that specializes in high-tech corporate security products and services, specifically those related to brand authentication, anti-counterfeiting and loss prevention. In 2005, the founders of IDGLOBAL decided that – based on the rapidly growing, global anti-counterfeit and similarly corporate loss prevention markets, the timing was right to pool their unique talents and experience and form an innovative, highly specialized company that could capitalize on this insidious worldwide phenomenon.

EastBridge Investment Group Corporation (OTCBB: EBIG)

EastBridge Investment Group Corporation (OTCBB: EBIG) – Tuesday’s shares went up 33.33% to $0.10. 77,240 was the volume. EastBridge Investment Group announced on July 26th that it signed a definitive agreement with GinKo, a company in Anhui, China, to take it public in the U.S. GinKo is a real estate developer and will be EastBridge’s fourth Chinese listing client so far this year. EastBridge will list the company on the appropriate U.S. stock exchange as soon as possible. GinKo buys land and builds commercial and residential high rise buildings for resale. The company was formed in 2001 and currently has over 200 employees. GinKo’s after tax net profit is forecast to be in the $500,000-$1,000,000 range for 2007 and 2008. Their business is expected to grow rapidly with the Chinese real estate market.

EastBridge Investment Group Corporation is the first OTCBB listed company whose main business is helping small-to-medium-size Chinese and Indian companies to become public companies in the U.S. Depending on their annual profit and revenue, they can list them on OTCBB, Nasdaq, AMEX or NYSE. Their income sources are from: a) Earning fees and marketable stock equity in the client companies they take public, b) Making cash incomes by operating joint business ventures with their foreign partners; and c) Earning fees by providing merchant banking services to their clients. Their operation is divided into individual business units by industry, such as the Electronics, Real estate, Auto Metal, Energy Enviromental, Bio Science, Food Retail Distribution units. Their target clients are mostly in India, mainland China, Hongkong, Macao and Taiwan. Their business focus is very narrow but deep. They are only interested in business opportunities where the decision process is simple, and the return is within one to two years. The president, Keith Wong and CFO, Norman Klein, as EastBridge officers, are talented with over twenty years each of industrial, sales and financial experiences.

Lantis Laser Inc. (OTC: LLSR)

Lantis Laser Inc. (OTC: LLSR) – Tuesday’s shares decreased 12.82% to $0.34. 20,730 shares were traded. Lantis Laser’s advanced dental imaging technology is set to impact the $5 Billion dental equipment market. Lantis has exclusive rights to market Optical Coherence Tomography (OCT) bio-medical imaging technology to 140,000 dentists practicing in 100,000 dental offices in the United States and at least this number around the world. Lantis’ President & CEO, Stan Baron, said, “Earlier OCT research systems were of a very high cost and this did not meet Lantis’ price objectives that would allow almost every dentist to afford a system to use chairside.” He added, “As technology has advanced Lantis has been able to commercialize this cutting-edge technology by producing a cost effective OCT system, putting us in a position to achieve a greater market penetration.”

Lantis Laser Inc. (OTC: LLSR) is focused on developing its exclusive OCT Dental Imaging System™ for use in general dentistry under License from Lawrence Livermore National Laboratory and LightLab Imaging. Lantis was formed to commercialize the application of novel technologies in the dental industry. The criteria for selected products include competitive edge, exclusivity and large market potential. The Company plans to launch the OCT Dental Imaging System™ in the third quarter of 2008 as its first product. Lantis has exclusive rights to the application of OCT technology in the field of dentistry under its license Agreements with Lawrence Livermore National Laboratory and LightLab Imaging. OCT was invented in the early 1990’s at the Massachusetts Institute of Technology and is currently being commercialized by Carl Zeiss Meditec, Inc. in ophthalmology and by LightLab Imaging for cardiovascular imaging. In a press release on November 8th, 2006 Carl Zeiss Meditec AG announced the sale of its 6000th OCT Stratus System, initially introduced in 2002. At an approximate retail price of $65,000 per System, this generated almost $400 million in sales. LightLab Imaging is commercializing OCT for cardiovascular imaging with systems currently being sold in Europe, and entry in the near future into the US and Japanese markets.

China Media Group Corporation (OTCBB: CHMD)

China Media Group Corporation (OTCBB: CHMD) – Tuesday’s shares stayed even at $0.05. 4,200 was the volume. CHMD has been up as much as 76% since StockGuru initiated coverage. John Pentony, publisher of StockGuru.com, announced on July 2nd that the web site has released a new exclusive executive interview with Con Unerkov, the CEO and Chairman of China Media Group Corporation (OTC BB:CHMD.OB – News). Mr. Unerkov discusses recent developments at the company including the Company’s joint venture to expand advertising to Harbin, China as well as the continued plans for M.A.G.I.C. In addition, Mr. Unerkov also describes the plan for the Company’s hospital outdoor advertising strategies. To listen to the StockGuru.com interview with Con Unerkov, CEO and Chairman of China Media Group Corporation, please visit: http://www.stockguru.com/blog/?p=2366

China Media Group Corporation is a media company focused on the lucrative Chinese market with offices in Beijing, Hong Kong and Texas. Beijing Ren Ren Health Culture Promotion Ltd. is a subsidiary of China Media. Beijing Ren Ren has been appointed by the Chinese Central Government to manage their nationwide health education and awareness program. The Chinese Government under the United Nations Millennium Development Goals Program [ www.un.org/millenniumgoals/ ] has named this project the Great Wall of China Project [ www.8085.com.cn/index_e.html ]. China has agreed to promote crucial health education and health awareness to 85% of its citizens by 2015, including high profile diseases including AIDS, hepatitis and other health topics including child health and disease prevention. Beijing Ren Ren Health Culture Promotion Limited has been appointed to undertake this Great Wall of China Project and has received a nationwide advertising license from the Chinese Central Government. Beijing Ren Ren is the exclusive company to roll out this Great Wall of China project to 2015 and provides them a unique advantage in China.

We Invite you to Visit the All New StockGuru Blog!

Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.

Click HERE to visit the Blog, or go to:

http://stockguru.com/blog/

StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. IDGJ Disclosure: Pentony Enterprises LLC expects to be compensated $15,000 directly from the company for profile coverage.  EBIG Disclosure: Pentony Enterprises LLC was compensated 430,000 restricted shares directly from the company for profile coverage. LLSR Disclosure: Pentony Enterprises LLC was compensated $27,000 and 70,000 restricted shares directly from the company and 55,000 free trading shares from a non controlling third party for profile coverage. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises no longer holds shares. CHMD Disclosure: Pentony Enterprises LLC has been compensated 1,050,000 restricted 144 shares directly from the company for profile coverage. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.