September 2008 - Page 2 of 61

TuesdaySep 30, 2008 11:18 am

Tri-Star Holdings, Inc. (TSHL.PK) Announces Dividend, Addresses Share Structure

TRI-STAR HOLDINGS, INC. announced the Company's Board of Directors convened a special meeting to unanimously approve a 1 for 10 share dividend. Shareholders will receive one share of restricted common stock for every ten shares held on the as-of-yet-undetermined record date to be scheduled in accordance with NASD rules and the company's transfer agent. Additionally, management announced that it has begun negotiations with two independent acquisition targets including the company's first international target. Management anticipates announcing one or more executed letters of intent in the very near future, to be followed by definitive agreements. Negotiations are still under way, but…

TuesdaySep 30, 2008 11:11 am

Vu1 Corporation (VUOC.OB) Brightens its Non-Toxic Lighting Technology through Strategic Industry Affiliation

Mercury exposure is associated with impaired neurological development such as loss of cognitive thinking, memory, attention, language and fine motor and visual spatial skills. While the Centers for Disease Control contend that most people have blood mercury levels below a level associated with health effects, consumers are eliminating risks by searching for products made with mercury alternatives. Vu1 Corporation (OTCBB: VUOC) is focused on using its new technology to develop energy-efficient, environmentally friendly lighting solutions on a global scale. The company is currently developing a mercury-free light bulb based on its Electron Stimulated Luminescence (ESL) technology as part of its…

TuesdaySep 30, 2008 11:10 am

A.P. Pharma Inc. (APPA) Reveals Positive Phase III Results for Treatment of Chemotherapy Side Effects

A cancer diagnosis is devastating, and oftentimes the treatment following such diagnosis can be just as mentally and physically debilitating. The majority of patients receiving treatment experience some degree of emesis, or nausea and vomiting, associated with chemotherapy. The prevention and control of emesis is very important for the patient, and chemotherapy patients are typically administered an anti-emetic prior to treatment. Specialty pharmaceutical company A.P. Pharma Inc. (Nasdaq: APPA) today announced positive results from its pivotal phase III study that compares the efficacy of the company’s lead product, APF530, with Aloxi for the prevention of emesis, also known as chemotherapy-induced…

TuesdaySep 30, 2008 11:08 am

Live Current Media, Inc. (LIVC.OB) To Develop Karate.com

Live Current Media, Inc. (LIVC.OB) announced today that it has signed a letter of intent with Domain Strategies to develop www.Karate.com, a domain name owed by Live Current. Domain Strategies - a leading Internet development company - and Live Current will form a new company, Newco, to build, manage, and monetize Karate.com. The board of directors of Newco will have equal representation, but Domain Strategies will have primary operational responsibilities, including site design, employment and vendors, customer acquisition, and potential strategic partners. Live Current will contribute the domain name Karate.com to Newco and will receive a 50% interest in the…

TuesdaySep 30, 2008 11:06 am

Alanco Technologies, Inc. (ALAN) Quarterly Sales Up 32%

Alanco Technologies, Inc.,(NASDAQ:ALAN) announced today that preliminary results for first quarter FY 2009 sales jumped 32%, to approximately $6 million. The increase is the result of revenues generated by the company’s new TSI PRISM Radio Frequency Identification (RFID) tracking system. Robert R. Kauffman, Alanco chairman and CEO, commented, “Commencing in 2002 with the acquisition of TSI PRISM, and the 2006 acquisition of StarTrak Systems, Alanco has operated as a development stage company, investing heavily in both of these pioneering businesses which are today the technological and market leaders in their respective markets.” The additional revenue provides a needed boost to…

TuesdaySep 30, 2008 7:30 am

Elray Resources Inc. (ELRA.OB) Continues to Find Positive Cambodian Gold Indicators

The legions of miners drawn to the 1840’s California gold fields is a testament to the power of gold. Miners braved all sorts of conditions to strike it rich, and that lure still draws miners and fortune seekers to the last unexplored regions of the world. Although many people will never be able to actually participate in the adventure of gold mining in unexplored regions of the planet, the opportunity to be a part of the adventure does exist. Playing the edges of the gold mining business can be fun and exciting for the adventurous at heart, and it can…

TuesdaySep 30, 2008 7:12 am

Oil prices fall in Asian Market after US Bailout Fails

The failure of the proposed $700 billion U.S. bailout bill on Monday has caused oil prices to fall to $95.55 a barrel in Asia on Tuesday. Crude prices scheduled for delivery in November decreased $0.81 in electronic trading on the New York Mercantile Exchange in Singapore. On Monday, oil prices dropped $10.52 in reaction to the U.S. economic situation. The day’s trading results were the largest percentage drop seen since 2001. In the last seven days, crude prices have plunged almost $25 per barrel, a 20% decrease. Even in London, November Brent crude was down to $93.42 a barrel, a…

TuesdaySep 30, 2008 6:15 am

BioSolar Inc. (BSRC.OB) Discovers Technique to Reduce Cost of its Bio-Based Solar Cell

BioSolar Inc. (BSRC.OB) is a company that has developed a breakthrough technology to produce bio-based materials from renewable plant sources, such as cotton and castor beans, which in turn reduces the cost per watt of solar cells. Most of the solar industry is focused on photovoltaic efficiency to reduce costs. BioSolar is the first company to reduce costs of solar cells by replacing petroleum-based plastic solar cell components with durable bio-based components. Through the advanced manipulation of bio-based polymers, the company is able to produce robust, bio-based components that meet the stringent thermal and durability requirements of current solar cell…

TuesdaySep 30, 2008 6:10 am

The Green Baron Report to Conduct Exclusive Webcast with New Axial Vector Energy Corp. (AXVC.PK) President and CEO

In this morning’s news, Axial Vector Energy Corp. announced that Sanjai Chhaunker, who was recently appointed president and CEO, will be featured in an exclusive, taped webcast interview. The purpose of the interview is to help current shareholders as well as the rest of the investment community learn more about the current and future potential of Axial Vector Energy. This interview marks the first public webcast with Mr. Chhaunker, who is now leading Axial Vector as president and CEO. Chhaunker has plans to discuss a number of issues, such as his company’s plans for the recently announced 15kw generator /motor,…

TuesdaySep 30, 2008 5:15 am

Your Best Interest

When it comes to debt, people give themselves credit — lots and lots of credit. At the end of 2007, Americans owed $941.1 billion in credit-card debt. Successfully managing credit is crucial, but there are some arcane credit-card rules that may affect your balance, your interest rate, and even your credit score. The more you use, the more you lose: Your credit score is based in part on how much credit-card debt you have in relation to your credit limit. Experts recommend using no more than 10% of your available credit. Over 50% could actually reduce your credit score.…

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Month: September 2008