Monthly Archives: February 2010

FormCap Corp. (FRMC.PK) Announces Launch of Comprehensive Exploration Program

February 26, 2010

Today after the closing bell, FormCap Corp. announced that its technical team is initiating a comprehensive and systematic strategy to explore for oil and gas at the company’s Weber City Prospect. The six member multi-disciplined technical team, assembled by FormCap’s Calgary based operational partner, will utilize the most advanced technology available to delineate drill targets, as well as to determine the size and scope of the initial seismic and geophysical program.

According to the press release, the members of this team have a combine experience of 150+ years in the oil and gas exploration and development industry. The team includes in-house professionals and technical consultants with the expertise necessary to complete any action for the prudent and timely exploration and development of FormCap’s Weber City Prospect.

As announced previously, FormCap has increased its land position in the Permian Basin prospect to approximately 5,800 gross acres of oil & gas leases, all with primary terms of five years. The Permian Basin is a prolific area that has produced more than 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US.

The basin’s development history and stable, long-life production is one of the main reasons FormCap has secured the Weber City Prospect acreage and continues to increase its holdings. The company plans to drill initial wells to test four potentially productive hydrocarbon zones; the San Andres, Clearfork, Wolfcamp and Cisco formations. Formcap believes it has sufficient land cover to fully develop discoveries on 40 acre spacing.

Graham Douglas, FormCap’s President and CEO, stated, “Mr. Mackenzie’s is committed to using highly experienced and technically capable professionals to develop the Weber City Prospect. It is our belief that this will maximize our probability for long term success and growth.”

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Advanced Environmental Recycling Technologies, Inc. (AERT.OB) Receives Final Approval for Oklahoma Recycling Facility

Today, leading plastic recycler and green products manufacturer, Advanced Environmental Recycling Technologies, Inc., announced that the final approval for startup of AERT’s new recycling facility in Watts, Oklahoma was granted by the Oklahoma Department of Environmental Quality. The initial run will take place Thursday afternoon. The announcement follows two weeks of extensive checks and calibrations.

Recycling technologies at AERT’s new facility allows the company to recycle notoriously difficult polyethylene sources, creating a much broader range of feed stocks for AERT’s composite manufacturing plants in Arkansas. AERT’s new recycling facility met expectations and all recycled plastic processed through the system met initial quality specifications. Over the next few weeks, AERT will complete a series of tests and the company will verify compliance with nameplate capacity during that period.

Regarding the opening of the Watts recycling facility, AERT President Tim Morrison stated, “AERT appreciates the support and cooperation of the State of Oklahoma, the Cherokee Nation, Allstate Investments, Adair County, local government entities, and the United States Departments of Commerce and Energy, and acknowledges the exceptional work completed by Crossland Construction and AERT’s own project team. We are proud and excited to have completed construction of this state of the art, world class plastic recycling facility near Watts, Oklahoma.”

AERT CEO Joe Brooks added, “We are pleased that this vision is now becoming a commercial reality as AERT’s composite business is beginning to gain additional sales momentum going into the decking season. The AERT team believes in the future of America and we are proud to move forward with this game changer project. The company’s Green-age plastic recycling facility will soon become a worldwide example of Green manufacturing.”

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Susser Holdings Corp. (SUSS) Reports 2009 Profit

Susser Holdings Corp. reported net income of $2.1 million, or $0.12 per diluted share, in 2009, a decline from the $16.5 million, or $0.97 per diluted share, earned in 2008.

Revenues were reported at $3.3 billion in 2009, down from $4.4 billion in 2008. Susser Holdings Corporation attributed the decline to a large drop in the price of fuel, which was reflected in fuel sales across the company’s stores.

Merchandise revenues increased 7.5% in 2009, to $784.4 million, from $729.9 million in 2008. Same-store merchandise sales for Susser Holdings Corporation increased 3.3% in 2009. The company provided guidance of a same-store merchandise sales range of 0-4% for fiscal year 2010.

Sam L. Susser, the CEO of Susser Holdings Corporation, said, “We finally began to feel the full impact of the nationwide economic downturn across all of our markets during the fourth quarter. The Company’s business is historically seasonal, producing the bulk of its operating cash flow in the second and third quarters.”

Susser Holdings Corporation opened 15 new retail stores in 2009, and closed 2, giving the company a total of 525 at year-end. The company’s store base is mainly in the Southwest United States, where it owns the Stripes and Town and County Brands.

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Estate Coffee Holdings Corp. (ECHD.OB) Expands in China, Strategizes for Global Presence

Estate Coffee Holdings Corp. has a clearly defined goal of becoming a full spectrum global coffee industry dynamo, and disclosed yesterday details regarding future strategies to vertically integrate and tighten the Company’s structure by taking a direct ownership role in every aspect of the workflow, from bean production to buying, exporting, processing, roasting and direct sales to customers.

This transportable business model makes the growth strategy locale virtually infinite, allowing a socially responsible and logistically viable coffee company to spring up in any region where fine coffee can be grown, and the retention of additional margins (40-100%) throughout the model’s architecture.

For many people around the world, coffee is a vital part of life, making the global specialty and gourmet coffee market a multi-billion dollar industry and coffee the commodity with the second largest dollar volume for two decades in a row.

Booming demand in Chinese markets for the fine Arabica coffee so beloved throughout the western world have prompted ECHD to acquire a 20% interest in one of China’s leading specialty coffee companies, DTS8 Coffee (Shanghai) Co., Ltd., which has artisan roasting facilities in Shanghai and marketing capacity hitting sales targets throughout Asia, Australia and North America.

With 1.3 billion potential coffee drinkers and limited competition for an underserved yet rapidly growing consumer base, China represents significant development opportunities which ECHD can translate into ROI for the Company’s shareholders.

The China focus is an example of the comprehensive strategy to develop joint ventures and complete acquisitions in multiple countries in order to develop a robust and highly efficient nodal network of business units.

Global demand for the sort of fine Arabica coffee beans grown high up in mountainous semi-tropical climactic zones in which ECHD specializes is cyclically driving a market where this kind of efficient business model can leverage tight integration with every step of the process, yielding $30/lb. sales on under $3/lb. cost.

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Axcess International, Inc. (AXSI.OB) Shows Strong FY 09 Results, Details Technical and Sector Innovation

Axcess International Inc., a portfolio company of Amphion Innovations plc (AMP) with innovative offerings like the Dot™ and Dual-Active™ RFID and other RTLS (real time location systems) wireless solutions for real-time situational awareness of assets, supply chain elements, locations, and persons, announced its FY 09 (ended Dec. 31) results today.

President and CEO Allan Griebenow called 09 a “record revenue year”, citing the completion of a second turn-key infrastructural security project in the Caribbean, the debut of a distribution sales bundle to position the Company for further market penetration in physical security, and the HID Global agreement to become an HID Connect™ Partner program participant and utilize HID’s sophisticated proximity technology in the MicroWireless™ Dot™ Wireless Credential product.

Revenue for FY 09 set a new record, up 219% from 08 to $4.8M, with the port infrastructure security contract accounting for 76.6% ($3.65M) of revenues. Gross Margin was up 14% from 08 and Net Losses were down 77% to just $1.1M (Net Loss Per Share $.04).

The 09 Trinidad Port contract secured the facility and prompted participation in the Fifth Summit of the Americas Conference of some 34 heads of state, and was implemented in a similar fashion as the recent Barbados Port Inc. solution, which also provided emergency evacuation accounting, internal zone security, visitor/vehicle tracking, wireless WMD sensing, scanners and security enhancement equipment.

The MicroWireless™ technology for commercial and government use shows strong potential for a variety of future applications, and the skillful leveraging of HID Global’s industry-standard proximity technology to achieve a wireless credentialing solution in the hardware-independent Dot design (that offers an isolated frequency range) allows for a system which can function parallel to existing networks without presenting interference.

Axcess’s proprietary, patented, Dual-Active RFID technology allows tags to function as either wake-on-demand or as “always on” beacons, representing the most cost-effective and easy way to implement automated security/optimization solutions enterprise-wide.

Successful completion of work at the U.S. Department of Energy’s 585 sq. ft. Hanford Site in Washington State has led to increased safety and improved logistical/economic efficiency where the identification, weighing, and report generation for radioactive/hazardous materials has been automated.

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Global Entertainment Holdings, Inc. (GBHL.OB) Names Daniel Sherkow COO

Global Entertainment Holdings is a company that has started to gain acclaim as a renowned worldwide entertainment organization. In a short period of time, Global had evolved into an international presence with a multitude of domestic and foreign affiliates. Today, Global took a major step towards enhancing their future with the announcement that Daniel Sherkow will be the new Chief Operating Officer of their wholly-owned subsidiary Global Universal Entertainment.

Daniel Sherkow is an acclaimed producer and financier of major motion pictures and has led a variety of successful productions throughout his distinguished career. Sherkow is known for creating cutting-edge productions for both television and the ‘Big Screen.”

Following senior management positions at NBC and Time-Life Films, Sherkow produced the feature motion picture “SUSPECT” which starred such names as Cher, Dennis Quaid and Liam Neeson. This film also showcased a recognized writer, Eric Roth, who is best known for writing the hit “Forrest Gump.” More recently, Sherkow produced and financed the feature motion picture “BEING MICHAEL MADSEN.”

Leading the way at Global Entertainment Holdings is Gary Rasmussen who serves as the company’s CEO. When asked what the addition of Daniel Sherkow will mean to Global, Rasmussen was quoted as saying, “Our U.S. film operations will now be lead by a man that knows every facet of the entertainment and motion picture business. Dan has arranged financing and produced successful and award winning films for ABC, NBC and CBS television, Time-Life Films, Paramount Pictures, Tri-Star Pictures, and Dick Clark Productions. Dan has also produced numerous successful Broadway projects and has advised foreign concerns such as Seoul Movie, the Korean animation company and The China Film Group, Corp., the official government agency of The People’s Republic of China, on financing, distribution and production of major motion pictures.”

Currently, Global is trading in the $0.02 range. With the addition of Sherkow, a leader such as Rasmussen in place and many exciting features in their production line, Global Entertainment Holdings is a company to keep an eye on. To learn more about the addition of Daniel Sherkow or about productions in the company’s pipeline, visit Global Entertainment’s website at: www.globaluniversal.com.

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Li3 Energy, Inc. (LIEG.OB) Signs Letter of Intent to Acquire Lithium Project in Argentina

Li3 Energy Inc. is a company focused on identifying and acquiring lithium brine opportunities in the United States, Argentina, Peru and Chile. The company announced today that it has signed a letter of intent with a private company in Argentina to acquire lithium brine assets in the Puna region of northern Argentina.

The prospective location, known as the Rincon South Property, covers approximately 4,250 acres. It is comprised of 14 claims on the southern portion of the Salar de Rincon, located adjacent to an advanced lithium brine pumping and production project owned by Sentient. The proposed Rincon South transaction is subject to geological, engineering, legal and financial due diligence by Li3 Energy and is anticipated to be finalized before April 30, 2010.

Rincon Lithium has reported a proved plus probable reserve at their Rincon holdings adjacent to the Rincon South properties of 1.4 million metric tons of lithium and 50.8 million metric tons of potash. Given the known resources and relatively advanced state of development at Rincon, Li3 Energy management believes that this Rincon South project could potentially become the cornerstone of its lithium project portfolio in Argentina. The Salar de Rincon is located near other major successful lithium projects being undertaken by large companies including FMC Corporation and SQM SA. The locations all share a number of similarities in terms of altitude, geology and depositional environment.

Li3 Energy’s CEO Luis Saenz stated, “We believe this location is an excellent core project for rapid development. Given that previous works have included the establishment of roads, weather stations, a nearby pilot plant, evaporation ponds and homogeneity of lithium across the salar, we are confident that we can quickly begin implementing our strategic plans targeting realistic near-term production at Rincon South.”

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eDoorways Corp. (EDWY.PK) Aims For Multiple Income Streams

eDoorways Corp., developer of the new business-to-consumer social network website, has a detailed plan, and associated timetable, laying out exactly how the company expects to make money. It is all based on the unique value the company feels it can bring to local and national vendors in the way of highly targeted traffic, consumers who are actively seeking information and, in many cases, are ready to buy. This is in direct contrast to general social networking sites that generate largely unfocused traffic, and rely solely on the sale of advertising space to generate income. For eDoorways, this represents just one of several income streams.

eDoorways’ income strategy is multi-tiered, providing multiple potential income streams, thus giving the company a more secure outlook as each stream proves itself more or less effective.

• Preferential Placement Fees – Businesses pay eDoorways for the right to reserve key words (called Power Keys) specific to their location, type of service, product model, etc. It’s similar to the Google AdWords model, except that the viewers are active consumers looking for a product or solution.
• Prepaid Services/Subscriptions – Businesses with eDoorways storefronts pay the company to subscribe to value-added services, such as targeted marketing capabilities, text message alerts, back office accounting support, etc.
• Advertising Revenue – Businesses pay eDoorways for advertising space on a CPM (cost-per-thousand) exposure basis.
• Private Label Service Leasing – Large corporations, trade groups, professional associations, and others pay eDoorways for a custom version of the eDoorways model, tailored to their own customer service website, allowing them to use the eDoorways engine to let customers better identify local vendors.
• Just-In-Time Training – Businesses pay eDoorways for the use of their proprietary award-winning Smart One training platform, one of the most sophisticated training delivery systems ever developed, for educating customers or perhaps even employees.
• Transaction Fees – Ultimately, eDoorways expects to charge a percentage of each transaction, collecting a small percentage from the vendor upon the successful close of a sale.

These are considered initial eDoorways sources of revenue. There are others, including revenues from vertical marketing. The company has a net income goal, realizing that costs will continue to exceed revenue initially, and is looking to break into positive territory at some point in 2010.

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Simulated Environment Concepts, Inc. (SMEV.PK) Offers Financial Stress Relief

SpaCapsule, the much talked about water massage and therapy system put out by Simulated Environment Concepts Inc., is starting to be viewed as more than just a revolutionary personal escape and de-stressing product. It’s being seen by many small businesses as something of a financial lifeline.

These days, as consumer discretionary spending continues to dry up, service companies that are dependent upon a single line of income, offering a single service to their customers, are watching their bottom lines dwindle. In some cases, even the slightest economic ripple can put them under, simply because they have nothing else going for them. As a result, they are looking, sometimes desperately, for some new way to augment their business.

The tanning industry is a good example. Just at the time that people have less and less money to spend on the indulgence of a nice tan, state legislatures and healthcare practitioners around the country are starting to put pressure on the industry. It’s a double whammy for many of these small businesses, most of whom don’t have a big bank account to weather the storm. For them, SpaCapsule offers a natural way to capture more of the diminishing indulgence market, keeping them alive, and even robust, during the economic hurricane.

One of the reasons that SpaCapsule seems such an ideal solution for tanning and other small businesses is that it perfectly suits the times. As a self-contained water massage, aromatherapy, audio/visual relaxation unit, SpaCapsule, above all else, provides an unmatched escape and stress relief. During such emotionally challenging times, it’s the one indulgence that consumers seem willing to spend money on. For an increasing number of small service businesses, SpaCapsule represents some much needed financial relief.

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Excel Maritime Carriers Ltd. (EXM) May Offer Opportunity as Old Contracts Expire and Higher Rates Kick In

There are certain sectors that bear watching as a poor economy struggles with various issues. These sectors indicate trends that offer a roadway to where the profit may lie, even in a down cycle. As the world is obviously a global system of trade, shipping is one such sector. Containers shipped are a signal of export growth and contraction along with money flows. Bulk shipping, however, is a sign of manufacturing and wealth generation. As this sector moves, so does the real world economy (in an economic economist sense.)

Excel Maritime Carriers Ltd., a dry bulk shipping company, operates a variety of ocean going transport ships specializing in the movement of dry bulk items such as coal, sugar, bauxite and scrap metal. The company has a deadweight tonnage of 3.9 million tonnes and currently operates 47 vessels.

Although there have been certain accounting issues surrounding the company’s fourth quarter reporting, it should be noted that these issues will be resolved by the end of 2010. The issue revolves around the acquisition of ships in 2008 and the longer-term contracts associated with these ships. The contracts, at the time, might have been better written, which led to the accounting issue and the general recognition that revenue generated was higher than was reality. Nonetheless, if the investor takes the longer view, this irregularity may be an opportunity.

Reporting results may be difficult in 2010 but the outlook going forward is not. The company has a solid fleet of ships working globally and does appear to be getting these poor contracts under control. Even with these issues the company can be recognized as one that is running a solid enterprise and prepared for the eventual return of the world economy. Shipping of bulk goods is a “first out” signal when an economy has hit bottom and one that should be very closely watched. As it turns out, the end of 2010 is likely when the world economy will be leaving the current economic cycle behind. Excel Maritime may well be right in step with this timeline to benefit.

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China VoIP & Digital Telecom, Inc. (CVDT.OB) Subsidiary Signs Contract with New Customer in China

The wholly-owned subsidiary of China VoIP & Digital Telecom Inc., Jinan Yinquan Technology Company Ltd., today announced that it has signed a virtualization agreement with Shandong Luneng Network Information Company Ltd. Shandong Luneng is a subsidiary of Luneng Group which is directly managed by the State Grid Corporation of China. It provides comprehensive IT services to the enterprises in the Shandong power supply system.

Jinan Yinquan will implement an integrated virtualization solution and provide long-term support for the customer’s data center. Yinquan will provide the customer with industry-leading technology in comprehensive data center solutions. Their sophisticated virtualization solution will help Shandong Luneng reduce investment and operating expenses. It will also help reduce the required number of servers in the data center which will result in higher energy savings and lower overall emissions. Yinquan’s solutions will also enhance the customer’s network security environment.

Yinquan designed the comprehensive virtualization data center solution specifically around Luneng’s business needs and their business has directly benefited from it. The service contract is expected to provide China VoIP & Digital Telecom with a long-term recurring revenue stream.

Shandong Luneng is the first company that Jinan Yinquan has signed in the Shandong power supply industry. The company believes its success will allow it to showcase its technology in this industry in order to gain other customers, not only in the region, but throughout China.

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MiMedx Group, Inc. (MDXG.OB) Announces Completion of New Branding Initiative and Launches New Website

MiMedx Group, Inc., an integrated developer, manufacturer and marketer of patent protected biomaterial-based products, recently announced that the company has completed its corporate/technology branding initiative and launched an updated website at www.mimedx.com.

Established two years ago through a reverse merger, MiMedx Group, Inc. had been operating through its two subsidiaries, SpineMedica, LLC and MiMedx, Inc. In 2009, the company restructured its management and sales operations and consolidated under the MiMedx Group name. The company has received FDA clearance for its first durable hydrogel product, the HydroFix™ Vaso Shield indicated for use as a cover for vessels following anterior spinal surgery.

Parker H. “Pete” Petit, the company’s chairman and chief executive officer, commented, “Our strategy in 2009 was to capture the efficiency of operating as one company. With that internal strategy successfully implemented last year, in 2010 our strategy is to focus externally and create a single brand identity for our suite of biomaterial products.” Mr. Petit continued, “Our subsidiary structure was appropriate when we were in the development stages of our technologies, but as our commercialization efforts are gaining momentum, we are focusing our message.”

Bill Taylor, president and chief operating officer of MiMedx Group, stated, “Because we have so many potential applications for both of our core technologies, we felt it was important to leverage the identity of each technology as a platform, rather than branding each individual product. This approach will allow for stronger brand equity and, at the same time, be more cost effective.”

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United America Indemnity Ltd. (INDM) Reports Profit and Book Value Growth In 2009

United America Indemnity Ltd. reported net income of $74.6 million, or $1.44 per share, for 2009. In 2008, the company lost $141.6 million, or $3.87 per share.

United America Indemnity Ltd. also reported strong growth in book value for the year ending December 31, 2009. The company reported a book value of $13.76 per share, compared to $12.00 per share a year earlier.

United America Indemnity Ltd. is an insurance company that provides property and casualty insurance and reinsurance through its three wholly owned subsidiaries Penn-America, United National, Diamond State and Wind River Reinsurance Company, Ltd. The company offers property, casualty, general liability, professional lines, and reinsurance to its customers.

United America Indemnity Ltd. reported improved performance under other metrics. The company reported a combined ratio of 96.0 for 2009, down from 117.1 in 2008. The company’s loss ratio fell from 79.8 to 56.2 over the same time frame, while its expense ratio increased from 37.3 to 39.8.

United America Indemnity Ltd. recently decided to move its country of domicile from the Bahamas to Ireland. The company said the decision was in the “best interests of both the Company and its shareholders.”

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CitySide Tickets, Inc. (CIST.PK) to Be Featured on FOX Business Network Live

February 25, 2010

CitySide Tickets, Inc., which owns and operates a nationwide event ticket purchasing venue that caters to a diverse selection of popular theater, music and sporting events, today after the closing bell announced that its CEO, Michael DeAmicis, will be featured on FOX Business Live at 12:40 p.m. EST on Friday, February 26, 2010.

According to the press release, Mr. DeAmicis will discuss why the company is executing its expansion strategy now, how the company is differentiating itself from the competition, and where he sees the business headed, among other topics. The interview will be available online shortly after the broadcast.

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SatMAX Corp. (SATM.PK) Details Communications Solutions Line

SatMAX Corp., located in Houston, TX, designs and manufactures advanced non-line-of-sight satellite communications solutions. Founded in 2001, the company’s products provide critical indoor satellite communications for the commercial and government markets. SatMAX’s products have been sold to corporate, commercial, and government organizations.

With three innovative product lines, SatMAX has raised the bar in the communications solutions industry. Its SatMAX system enables Handset customers to make multiple concurrent and fully wireless satellite voice calls, while simultaneously allowing data connectivity from the safety of any indoor location. Its HeliSAT3 systems, a derivative of the SatMAX line, is employed in aircraft communication and is available as a portable light weight unit. Lastly, SatMAX’s BGAN solution marks the first mobile satellite service to use one device in the delivery of broadband data and voice to almost anywhere on the planet.

Today the company announced that it has signed an important reseller agreement with AvStar Aviation Group, Inc. (AAVG.PK). Through the agreement, AAVG will be able to offer the full line of SatMAX technology to its growing client list. This partnership will allow SATM to market directly to new sectors of the aviation industry such as privately owned aircrafts and aircraft maintenance operations.

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Nutrition 21, Inc. (NXXI.OB) Announces Approval of Chromium Picolinate for Use in Dietary Supplements

Yesterday, nutritional ingredients developer, Nutrition 21, Inc., announced that chromium picolinate has been officially approved for sale in Canada. Nutrition 21 can now sell its Chromax® brand of chromium picolinate to Canadian manufacturers, marketers, and importers of natural health products. The substance will be sold as a natural health product, also known as a dietary supplement, as determined by Health Canada.

“Chromium picolinate is now the only organically bound chromium approved for sale in U.S., European Union, and Canadian markets,” stated William J. Levi, vice president, Ingredients and Special Markets. “We are delighted to be informed of the Canadian approval of chromium picolinate, which now allows us to expand sales of our Chromax® ingredient to natural health product manufacturers and marketers servicing the Canadian market.”

Health Canada must give approval to all natural health products prior to marketing in Canada. Upon review of Nutrition 21’s product, Health Canada issued a revised monograph that now allows applicants access to an expedited licensing process, aiding manufacturers in quickly releasing chromium picolinate products into the Canadian market.

Michael A. Zeher, president and chief executive officer of Nutrition 21, Inc., commented, “Access to new markets worldwide provides Nutrition 21 with a strong platform to accelerate expansion of our ingredients business and is consistent with our new strategic growth plans. Chromium picolinate’s regulatory approval in Canada and the European Union provides further credence to the product’s safety and utility.”

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Weikang Bio-Technology Group Co., Inc. (WKBT.OB) is “One to Watch”

Weikang Bio-Technology Group Co., Inc. is a Chinese producer of Over-the-Counter (OTC) pharmaceuticals and traditional Chinese medicine (TCM) products. Trading on NASDAQ’s OTCBB, the Company currently has 420 employees. With headquarters in Harbin, China, the company has production facilities in Harbin and Guiyang.

Weikang Bio-Technology Company, Inc. received incorporation in Florida on May 12, 2004 as Expedition Leasing, Inc. On December 7, 2007, the Company acquired Sinary Bio-Technology Holdings Group, Inc. and Sinary’s wholly owned subsidiary Heilongjiang Weikang Bio-Technology Group Co., Ltd., a limited liability company in China.

Sinary, with no substantive operations that they conduct, through Heilongjiang Weikang engages in the research, development, manufacturing, marketing, and sales of Traditional Chinese Medicine (TCM) in China. All of the Company’s products are Chinese herbal-based health and nutritional supplements. They actively look to maintain and improve the quality of their products, and as of April 2006, they have implemented the “GB/T19001-2000 idt ISO9001:2000″ quality-assurance management system to all of their manufacturing processes.

Heilongjiang Weikang is located in Heilongjiang Province in Northeastern China. Their principal office and manufacturing facility is in the Economic and Technology Development Zone in the city of Shuangcheng, approximately 42 kilometers south of the provincial capital Harbin.

Through Heilongjiang Weikang, they manufacture and distribute in China a series of internally developed health supplements under a Chinese trade name. Its English transliteration is “Rongrun”. The “Rongrun” line currently includes seven products. They also developed two new products during 2007 which received approval from the Heilongjiang Department of Health.

On July 22, 2008, Heilongjiang Weikang acquired 100 percent of the issued and outstanding equity interest of Tianfang (Guizhou) Pharmaceutical Co., Ltd., a Chinese limited liability company. Tianfang received incorporation in Guizhou Province, China in 1998. Tianfang engages in the development, manufacture, and distribution of OTC Pharmaceuticals.

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NetSol Technologies, Inc. (NTWK) Stands Above The Crowd

There was a day when all a business needed to do in order to enter the computer age was buy an IBM computer and a hire a local programmer to grind out a handful of simple custom programs. Once the accounting and inventory clerks were taught how to use it, a business was on its way.

Today, with the exponential growth of IT technology, it has become increasingly unrealistic for individual businesses, both small and large, to develop and manage the countless aspects of a modern IT operation by themselves. There are simply too many variables and too many decisions for most companies to successfully deal with. The resulting worldwide need for IT support, help that is both trusted and competent, has made NetSol Technologies Inc. one of the most successful enterprise IT management services in the world.

Just choosing a support service is challenging enough for most businesses. There is an endless line of IT consulting firms that are quick to claim they can do whatever needs to be done, and for less money than the next guy. Businesses often discover their limitations and shortcomings only after they’ve been hired. That’s why NetSol has taken remarkable steps to demonstrate clearly that it is not part of that crowd. Specifically, they’re one of the only companies in the entire world to carry a Software Engineering Institute (SEI) CMMI Maturity Level 5 rating for process design, along with ISO 9001 and 27001 certifications, offering a level of trust that few can even come close to.

But NetSol offers a lot more than trust. It has a long history of proven competency and front-to-back services, ensuring that there will be no loose ends. In addition, the company is technologically unbiased, able to tap the product and service components that best meet client requirements.

Solutions include:

• Acceptance Testing Services and Management
• Application Lifecycle Management
• Application Support and Maintenance
• Content Management Systems
• Custom Application Development
• Data Warehousing and Disaster Recovery
• Database Administration
• Development Infrastructure and Environment
• Enterprise Asset Management
• Enterprise Security Management
• Information and Records Management
• Managed Hosting
• Network Infrastructure and Design
• Online Libraries
• Portals
• Process Improvement
• Product and Process Quality Assurance
• RAID Services
• Systems Integration
• Telecommunications Infrastructure and Design
• Virtualization
• Web Services

All of this is why NetSol is still strongly in the game, while the economy has taken out so many others.

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Energtek, Inc.’s (EGTK.PK) Adsorbed Natural Gas Technology has All the Answers

Energtek Inc. is a world leader in the development and commercialization of ‘adsorbed natural gas’ technology. The company has developed breakthrough natural technology which efficiently enables the increased use of natural gas in vehicle and industrial markets.

What is the company’s adsorbed natural gas technology about? Adsorption is the adhesion of molecules of liquids, gases and dissolved substances to the surface of a solid. The ability of a solid to adsorb depends on the chemical makeup of the solid and its physical structure. Activated charcoal, for example, has a very large surface area because of its porous nature. This gives it the ability to absorb large quantities of natural gas.

This characteristic of activated charcoal is useful in storing natural gas. For example, in a conventional high-pressure storage tank gas is forced into the tank under pressure. The greater the pressure, the greater the volume of gas stored in the tank. The maximum pressure, and therefore the volume of gas held in the tank, is limited by the physical properties of the tank and its valve. The addition of a microporous material into the tank, such as activated charcoal, makes it possible to do one of two things: 1) either store a larger volume of natural gas in the same container at the same pressure, or 2) store the same volume of natural gas in the container at a lower pressure.

Until now the commercialization of adsorbed natural gas technology has been hindered by several unsolved technological problems. The main challenges of adsorbed natural gas storage products development include the following:

• Sufficient volumetric storage ability that will be competitive with existing natural gas storage methods on the market
• Efficient gas filling and release from adsorbed natural gas tank for automotive applications, requiring control of thermodynamic processes
• Absorbed natural gas fueling system cost that will be competitive with the cost of current fueling systems

Energtek has carried out a pioneering research and development venture resulting in a solution to some of the key problems of the future gas and transportation industries. The result of the company’s research venture has led to the first commercially efficient system of absorbed natural gas storage.

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ubroadcast, Inc. (UBCI.OB) Makes Major Acquisition

One company that is on the rise is ubroadcast, Inc. An interactive company, ubroadcast.com is unique in that it allows users to produce and broadcast LIVE and On Demand television as well as radio in high quality. Today, ubroadcast took a major step towards enhancing their future with the announcement that they have acquired IVu Media Corporation.

IVu is a state-of-the-art software company that has developed a unique Video Content Management (VCM) System. The Alexandria, Virginia-based company uses utilizes the VCM System to work in a tandem with High Definition Playback technology which is an Internet broadcasting platform that has attracted a broad array of business which stem from Fortune 500 clients to Fox Sports and many international broadcasting firms in between.

While IVu was only formed in March of 2009, the young company has already generated total revenues of $446,000 with a net profit of $33,000. The acquisition in place will allow ubroadcast to acquire technologies that will enhance their Pay-Per-View and corporation communications capabilities.

ubroadcast will issue 10,000,000 common shares of their stock in exchange for all of the issued and outstanding securities of IVu Media. The acquisition of IVu will allow ubroadcast to continue their mission of bridging the gap between Internet video and traditional network radio and television.

ubroadcast is currently trading in the $0.02 range under their symbol (OTCBB: UBCI). With the acquisition of IVu Media and many interactive products in their pipeline, ubroadcast may grow into a company that will be recognized on Wall Street in the near future.

To learn more about ubroadcast, visit their website at: www.ubroadcast.com and you’ll see why the young company is starting to turn the heads of investors.

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WikiLoan, Inc. (WKLI.OB) is Ahead of the Game in Peer-to-Peer Online Lending

WikiLoan, Inc., pioneers of the revolutionary new website Wikiloan.com, a peer-to-peer lending facility that is streamlined for ease of use and security and structured around the social networking paradigm we’ve all come to know and love so well, is poised to explode due to its cutting-edge profile and extenuating market factors.

Consumer attitudes towards online lending in response to the global credit crunch have led to straitened lending protocols and high interest rates, further complicated by constrictive borrowing requirements, making the process of loan acquisition nightmarish to a huge chunk of the market.

This problem drastically affects micro-loan situations for lenders with credit challenges seeking loans under $25k, making this market critically under-served at this time, as demand booms such architectures as that which WikiLoan provides will be there to capitalize on the organic private lending business.

WikiLoan users are able to cut out the “middle man” and set their own conditions, all in a comfortable and intuitive online environment that allows people to connect directly and safely to manage the loan process through to completion more efficiently and with less micromanagement or footwork.

By providing prospective lenders and borrowers with a sophisticated suite of automated and configurable tools that allow them to circumvent the normally laborious process of traditional commercial lending, and set rates that make sense to both parties involved, WikiLoan’s powerful infrastructure manages the loan documentation, repayment scheduling, promissory notes, automated reminders, and online repayment/account access.

Users can quickly sign up for free and get started. Borrowers go through a rudimentary process to create and post their loan for $1k-25k, setting a rate they want to pay, and the website performs the calculations to generate the borrower’s WikiScore, after which time the borrower can invite friends to view the listing. Borrowers pay $35 for loan documentation and $15 for the credit score, while lenders pay a tiny 1% administrative fee based on the adjusted outstanding principle.

This is a comfortable, efficient and secure environment in which to manage lending and borrowing, unlike the archaic and inaccessible traditional methods; a way of doing business whose time has come. Once loan fulfillment is acquired, WikiLoan handles the promissory note, issues proofs to both parties, and handles ongoing notification and online repayment.

This sort of peer-to-peer lending architecture represents the evolution of several trends in what is one of financial services’ fastest growing sectors, and clearly will not only have staying power for the foreseeable future, but has the potential to change the way micro-lending is done and create huge returns for the Company’s investors.

Let us hear your thoughts: WikiLoan, Inc. Message Board

Bio-Matrix Scientific Group, Inc. (BMSN.OB) Projects 2010 Growth Strategy

Bio-Matrix Scientific Group Inc., a leading biotech company based in San Diego, CA – where a 15k sq. ft. complex contains the hematology, microbiology/flow cytometry, and aseptic cellular/tissue class 10,000/100 labs, as well as two secure cryogenic stem cell banks – disclosed details today regarding the Company’s 2010 growth strategy.

The objective is to rapidly develop using existing resources and commercially implement innovative new therapies based on stem cell technology, in addition to aggressively growing through strategic acquisitions and partnerships, as is evident from ongoing negotiations with a variety of smaller biotech companies with highly focused markets aimed at developing joint ventures. Such joint ventures are prompted by logistical analysis which indicates the strength of forming such alliances with congruent market sectors.

Chairman and CEO of BMSN (and of the Company’s wholly-owned subsidiary, Entest Biomedical, Inc., ENTB), David Koos, noted the vast quantum of energy poured into refining “clinical-grade cell processing procedures, protocols, and facilities”, and characterized the San Diego facility as state-of-the-art.

One shining example of the fruits of such joint ventures is the breakthrough-progress recently at ENTB, where a Chronic Obstructive Pulmonary Disease (COPD) treatment in the bold new field of regenerative photoceuticals promises much-demanded relief for some 24M sufferers of this ailment.

A peer reviewed report detailing the ENT-576 therapy is available online at the Journal of Translational Medicine.

Koos went on to point out that the Company has every intention of expanding beyond “conventional stem cell storage”, which has historically constituted the core of the business, to make BMSN a global leader in stem cell therapeutics via masterfully executed strategic alliances.

A BMSN spokesperson disclosed that an upcoming Shareholder Conference Call will be scheduled for March 23, 2010, and that participants should RSVP via email or fax prior to March 10 for instructions at info@bmsn.us (email) or 619.330.2328(fax).

Let us hear your thoughts below:

Green Energy Live (GELV.OB) Signs Letter of Intent to Acquire Peck Electric, Inc., a Leading Electrical Services Company

Green Energy Live, Inc., a developer of sustainable biomass-to-energy conversion technology serving the nation’s $154 billion livestock industry, recently announced that the company has signed a letter of intent to acquire Peck Electric, Inc., a leading electrical services company with $6 million in revenue. Under the terms of the letter, Green Energy Live will acquire 100 percent of the stock in Peck Electric whose customers include IBM, UPS, Energizer Battery Company and Ben & Jerry’s.

Established in 1972, Peck Electric provides commercial and residential electrical contracting, installs telecommunications systems, provides solar power installations, and designs and develops clean energy products. Upon acquisition Peck will become a wholly owned subsidiary of Green Energy Live. Upon completion of Green Energy’s due diligence and necessary pre-acquisition investigations, the two companies will determine a closing date for the transaction.

Karen Clark, president and chief executive officer of Green Energy Live, commented, “Green Energy Live chose Peck Electric for its excellent management team, extensive systems design and development expertise, ongoing revenue and exciting new clean energy product development.” Ms. Clark continued, “Upon closing of the acquisition we look forward to helping Peck achieve continued growth and expanded market penetration. Peck Electric brings several critical components to Green Energy Live that will allow us to offer clean energy solutions in the marketplace.”

Let us hear your thoughts below:

Anpath Group, Inc. (ANPG.OB) to Introduce New Biocide for the Oil & Gas Industry

Anpath Group Inc., through its wholly-owned subsidiary EnviroSystems Inc., produces cleaning and disinfecting products that it believes will help prevent the spread of infectious microorganisms. The company’s products will do this while minimizing the harmful effects to people, equipment and the environment.

The company recently engaged investment banking firm Laidlaw & Company to seek a strategic partner for its new product for the oil and gas industry – GeoTru Concentrated Biocide. GeoTru is an environmentally correct biocide designed to control microorganisms including bacteria, fungi and algae in oil and gas well stimulation fluids used for hydraulic fracturing and related oil and gas field water systems.

GeoTru will control bacteria in drilling applications and serves to prevent the degradation of fracing fluids and gels used in well stimulations. The product is to handle and ship because of its favorable toxicity profile compared to other biocides used for the same purpose. GeoTru is not reactive with typical down-hole chemistries and is equipment-compatible.

Anpath reported today that it has signed a letter of intent with Swiss chemicals giant Clariant Corporation focused on the distribution of GeoTru. Clariant is a world leader in specialty chemicals. Its oil & mining services business unit, headquartered in Houston, is a leading provider of products and services to the oil, refinery and mining industries.

The details of the letter of intent were not disclosed but Anpath stated that the letter of intent was a precursor to a more definitive agreement with Clariant, based on due diligence to be completed by both companies. The company is confident of a favorable agreement with Clariant soon based on its long-term relationship with the Swiss company.

Let us hear your thoughts below:

Newport Digital Technologies, Inc. (NPDT.OB) Provides Update on Launch of N37B Rugged Handheld, Announces Co-Marking Program with Ingram Micro (IM)

Today shortly after the opening bell, Newport Digital Technologies, Inc. announced that it has launched a comprehensive co-marketing strategy with Ingram Micro (NYSE: IM) to market and sell its newly released N37B rugged military handheld mobile computer which features a RFID reader with Hitachi Security Protocol, 3G connectivity certified through AT&T’s 3G network and a Galileo GPS system. The N37B is strategically channeled through Ingram Micro’s Point of Sale (POS) and Data Capture Division’s with over 170,000 worldwide resellers, VARs and integrators and end-user customers.

According to the press release, the N37B has completed AT&T Certification to work on AT&T’s nationwide 3G network and is now featured on AT&T’s Developer Program website as a certified device for resellers, VARs, integrators and developers for purchase.

“NDT, Ingram Micro and AT&T’s marketing and business development teams are aggressively working on POS and Data Capture channel opportunities for the N37B in supply chain management, retail, government, military, law enforcement, telecom, industrial process and control, and automotive markets,” stated Newport Digital’s CEO, Michael Lutton. “The N37B launch has been the initial major initiative for NDT. This product line reflects the company’s ability to bring cutting edge technology to market in a cost effective manner and is now available to our AT&T and Ingram Micro sales channels. We anticipate this unique, RFID enabled computing device to generate significant revenue for NDT in calendar years 2010 & 2011.”

“The 3G option will enable this handheld computing devise to have data connectivity anywhere AT&T’s nationwide 3G service is available, making for a ‘connect anywhere’ scenario for RFID business applications,” commented Richard Tanimoto, NDTs Senior Managing Director. “The GPS option will allow for the N37B to not only collect RFID data from item level inventory but to pinpoint and report the location of the inventory scanned by the RFID reader. This greatly enhances and expands the applications that can be offered from NPDTs relationships with Independent Software Vendors (ISVs), Independent Hardware Vendors (IHV) such as Socket Mobile and Middleware Software Vendors (MSV) such as Shovon and Workbridge to enhance the N37B application offerings.”

Let us hear your thoughts: Newport Digital Technologies, Inc. Message Board

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