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Penny stock picks, thoughts and due diligence.enTue, 24 Nov 2009 17:27:35 GMTvBulletin60http://www.thepennystockblog.com/bulletinboard/easyaction/misc/rss.jpgPenny Stocks: Penny Stock Picks and Talk at The Penny Stock Blog Forums - Penny Stocks
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GNPG .06 3,00% increacse in revenue
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6870&goto=newpost
Tue, 24 Nov 2009 14:51:10 GMTits a movign this morning
Green Planet Group Reports FY2010 Q2 Revenues Increase 3,000%
Nov 24, 2009 9:00:00 AM
Copyright Business Wire 2009
Company Grows Second Quarter Sales to $16.4 Million from $530,000 Last Year
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Green Planet Group, Inc. (OTCBB:GNPG), announced today results for the FY2010 Q2 ending September 30, 2009. All results are detailed in a Form 10-Q filing with the Securities & Exchange Commission.
Highlights for the Quarter include:
-- Quarterly revenues increased 3,000% to $16,406,810.00, compared to
$529,650.00 in Q2 of FY2009.
-- Company revenues in the first six (6) months of FY2010 jumped 1,300% to
$33,104,714.00 as compared to $2,366,071.00 reported in FY2009.
-- Green Planet Group realized an increase in Q2 Gross Profit to
$2,126,629.00, compared to $205,167.00 reported during the same period
last year.
-- The Company successfully increased its cash reserves, growing cash on
hand to $1,184,843.00, up from $470,288.00 reported Q1 FY2010.
-- Accounts Receivable increased to $5,363,933.00, from $4,349,866.00
recorded March 31, 2009.
-- The Company implemented cost controls that reduced the loss from the
prior quarter from $3,683,763 to $991,612 representing a 73% improvement
from quarter to quarter.
]]>Penny Stocksstaghttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6870FRHV
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6864&goto=newpost
Mon, 23 Nov 2009 15:11:38 GMTresh Harvest Products, Inc. Completes Agreement With Jumpstart Marketing
Nov 23, 2009 9:45:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 11/23/09 -- Fresh Harvest Products, Inc. (OTCBB: FRHV) today announces a completed marketing and distribution agreement with Jumpstart Marketing, Inc. Fresh Harvest believes that this partnership will increase distribution, brand awareness and revenues of the company's Wings of Nature(TM) brand. Jumpstart specializes in assisting companies in gaining access to regional and mass market retail establishments, through its network of sales representatives, media contacts and celebrity endorsements.
Jumpstart's marketing strategy is to include celebrities and athletes for radio, television and print. Jumpstart has placed its clients into companies, such as Kroger, Costco, Target and BJ's. Additionally, Jumpstart has relationships with several sports teams, including the New York Yankees, New York Mets, New York Knicks, Miami Heat, Cleveland Cavaliers and the Boston Red Sox.
"We are excited about our relationship with Jumpstart Marketing. Jumpstart brings over 50 years of distribution and marketing experience to our team and has a proven track record of increasing their clients' distribution and revenue. We believe that their expertise in the area of celebrity endorsements and distribution will increase our exposure and revenues significantly," commented Fresh Harvest President and CEO, Michael Jordan Friedman.
]]>Penny Stocksflipperhttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6864WDAS - Growth potential ??
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6855&goto=newpost
Fri, 20 Nov 2009 15:52:09 GMTLooks like this company has alot of growth potential. I just bought some at .20.
World Assurance Group (WDAS.OTC) Subsidiary Anav Holdings Corporation to Seek Growth at the Infrastructure Asia Conference & Exhibition 2010
Wednesday 11/18/2009 8:31 AM ET - Market Wire
Related Companies
Symbol Last %Chg
WDAS 0.20 -9.09%
As of 10:48 AM ET 11/20/09
World Assurance Group (PINKSHEETS: WDAS) announced today that its subsidiary Anav Holdings Corporation intends to pursue growth in Central, South and Latin Americas, Mexico, Africa, Middle East region and in the Asia-Pacific region particularly in Indonesia.
The "Infrastructure Asia Conference & Exhibition 2010" (IA 2010 -- www.infrastructureasia.com), will be held directly alongside and in conjunction with the UNESCAP "Asia Pacific Ministerial Conference for Infrastructure Development" (UNESCAP 2010 -- www.unescap.org) to be hosted by the Indonesian Government in Jakarta, April 14-17, 2010.
WDAS intends to attend the events which will be attended by official delegations from the country members of UNESCAP. Among the invitees are Ministers from each Asia Pacific country (including Russia), joined by over 500 senior infrastructure procurement officers and 7000 buyers from the region.
The importance of sustainable infrastructure for Asia has never been more important than today, as governments throughout Asia look to large scale infrastructure projects to deliver lasting development solutions for their countries' future growth. The success of the upcoming UNESCAP 2010 ultimately rests on the collaborations that can be achieved between public and private sector in attendance.
For WDAS, the timing and opportunity couldn't be better for promoting US - European industry as well. Over 30,000 sq ft will be available to the private sector within the exhibition with over 1,500 senior government and business leaders expected to attend the conference where the topic of discussion among the Ministers will be the UNESCAP estimates of a required annual infrastructure overhaul of Asia in excess of US$600 billion. As Indonesia has one of the largest populations it is a perfect platform for WDAS to promote itself and products throughout Asia.
Jonathan B. Morgan, the president of WDAS, stated, "Economic growth in the emerging markets may truly help fuel gains; there is quite a good likelihood of continuing growth for several years. WDAS intends to invest and bring products from North America and Europe to meet any need. It is critical for WDAS to participate in the growing emerging markets in order to establish itself as a global player in sustainable building products."
About World Assurance Group Inc (PINKSHEETS: WDAS)
World Assurance Group through its wholly owned subsidiary ANAV Holdings Corporation intends to participate in all areas of real estate transactions, including direct ownership, co-investment with other institutions or developers, as well as indirect participation through the acquisition of distressed debt and/or non-performing loans with the eventual goal of control of the underlying assets. For more information please visit www.anavholdings.com
About UNESCAP
United Nations Economic and Social Commission for Asia and the Pacific is the regional development arm of the United Nations for the Asia-Pacific region. With a membership of 62 Governments, 58 of which are in the region, and a geographical scope that stretches from Turkey in the west to the Pacific island nation of Kiribati in the east, and from the Russian Federation in the north to New Zealand in the south, ESCAP is the most comprehensive of the United Nations five regional commissions. It is also the largest United Nations body serving the Asia-Pacific region with over 600 staff. Established in 1947 with its headquarters in Bangkok, Thailand, ESCAP seeks to overcome some of the region's greatest challenges. For more information please visit www.unescap.org.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
mailto:[email protected]
]]>Penny StocksNicolehttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6855ARTS .06 22,310% revenue increase!!
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6854&goto=newpost
Fri, 20 Nov 2009 14:33:47 GMTDALLAS, TX--(Marketwire - 11/20/09) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has generated $896,404 in operating revenue in the third quarter ending September 30, 2009 as compared to $4,000 in operating revenue for the third quarter ending September 30, 2008, which is an increase of 22,310%. Artfest International, Inc. also reported net income of $7,397 for the third quarter ending September 30, 2009 versus a loss of $29,862 for the same period in 2008. The increase in operating revenue is due to the increased sales of art and sports memorabilia through the Company's wholly owned subsidiary, Charity Sports Distributor, as well as through events held at Artfest International's 52,000 square foot facility in Dallas, Texas, and direct sales activity through its Art Channel, Inc. and Art Channel Galleries, Inc. subsidiaries.
Artfest International reported total assets of $3,421,019 for the third quarter ending September 30, 2009 as compared to $537,445 for the third quarter ended September 30, 2008, which is a 536% increase. Based on Artfest's direct sales model, combined with the acquisition of CSD, Art Channel Galleries increased its sales due to the addition of sports and memorabilia territory right, which created sales to its new members during the third quarter. CSD, which accounted for nearly half of Artfest International's third quarter revenue, is a vertically integrated custom framing company that specializes in the design, production and distribution of authentic framed autographed sports and entertainment collectibles and art pieces. CSD's distribution avenues include business to business (B2B) and business to consumer (B2C) sales, charity fundraising auctions, professional and college sports teams' pro shops, e-stores, online auctions and a revolutionary in-game silent auction concept known as Home Game Auction.
The relationship with Artfest International has enabled CSD to expand its business model during the third quarter beyond its home game auction relationship with the 13 professional and college teams, with the signing of an agreement with Jump TV USA Holding Company to provide major college alumni player autographed memorabilia for Jump TV's online auctions. CSD recently solidified its partnership with NeuLion, (formerly Jump TV) to target the $1 Billion online sports auction market. CSD and NeuLion jointly host bi-weekly auctions for sports teams, which include The Ohio State University and The University of Georgia amongst others. During the third quarter, Artfest International also diversified its overall product line by signing an agreement with Nature's Sleep, Inc. and Mattress 4 You to distribute Nature's Sleep's Visco Memory Foam Mattress. The Company will assume the responsibility for the production of a Nature's Sleep Visco Memmory Foam mattress Infomercial.
"We are excited about the progress that Artfest International has made during the third quarter and we look forward to continuing to increase shareholder value through strengthening our relationships with both artists and sports teams in order to increase sales of our artwork and sports memorabilia," stated Edward Vakser, CEO of Artfest International, Inc.
Artfest International's Third Quarter 10-Q can be found at: www.sec.gov.
About Artfest International, Inc.
]]>Penny Stockskeithsanhttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6854CDIV another aquisition
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6845&goto=newpost
Thu, 19 Nov 2009 16:51:58 GMTCascadia's Internet Division Announces Its Latest Acquisition
TACOMA, WA, Nov 19, 2009 (MARKETWIRE via COMTEX) -- (PINKSHEETS: CDIV) -- The Internet Division of Cascadia Investments, Inc. announced today that it has acquired a 50 percent interest in www.nameringers.com, a website featuring over 2,000 personalized ring tones. Cascadia's joint interest in nameringers.com includes all rights to the music, ring tones, and brand.
In announcing the acquisition, Cascadia's president and CEO Mr. Maherali stated, "We will continue to invest in Internet businesses, like nameringers, as part of our commitment to create long-term value for shareholders."
Annual mobile music revenues, according to Juniper Research, are expected to top $14 billion worldwide by 2011 with the Asia Pacific market contributing 40%, Europe 27%, North America 18% and rest of the world 15%.
Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, internet and real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development of undervalued real estate and cutting edge internet properties
]]>Penny Stockspennymasterhttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6845EXPU -- Expert Group, Inc (PINK SHEET STOCK)
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6835&goto=newpost
Thu, 19 Nov 2009 13:47:19 GMTEXPU has been heating up lately. There is no doubt in my mind that this one is gonna go very big soon!!! Here is some sweet due diligence I found on another board :smoke:
****************
EXPU UPDATED DD
Expert Group�s primary revenue engine is �Expert Financing.� This company specializes in providing residential and commercial loans and has been in business since 2005 in the Florida marketplace.
Recently, Expert Financing has experienced a notable surge of growth, showing a solidly profitable 2009 Q3 and what appears to be an even brighter future.
Expert has also assisted in loans for luxurious projects like the Icon Brickell, Aventura Marina, Williams Island, the Continuum in South Beach, Aqualina and The Trump in Sunny Isles Beach.
This presentation will deal primarily with Expert Financing and showcase their achievements as well as speculate about their future potential.
****************
2009 has been a significant year for Expert Financing. Several milestones were reached. Some of these include:
Expert secures FHA lending status.
Expert partners with several new banks and lending institutions, including Ginnie Mae.
Expert opens two new locations.
Expert greatly increases originators and originations.
Expert begins offering Government backed SBA loans
Expert enhances brand recognition through television, billboards, and special features such as The Best of South Florida. http://www.bestofsouthflorida.tv
Expert added to their management team as well as adding processors to their back office.
Expert currently has 65 originators actively working to secure new business.
Expert was featured prominently on Mortgage Daily, the largest publication in the industry. http://www.mortgagedaily.com
Expert will celebrate the grand opening of the BAL Harbour location this November. At this event the company will receive the prestigious Proclamation Award from the city of Bay Harbour Island.
Expert Group signed with 10 new banks in 2009 including Bank of America. This brings Expert�s alliances with banks to 50. Because of these strategic partnerships Expert can find more people better loans. Expert Finance's loan closing rate is well above average within the industry
SOURCE: http://www.marketwire.com/press-rele...p-1067596.html
******************
EXPU SHARE STRUCTURE
As of November 2009
Authorized Shares = 100,000,000
Outstanding Shares = 43,661,833
Float = 22,134,412
The EXPU Transfer Agent is not gagged. Investors can call the TA and receive current share structure information.
Phone: (602) 485-1346
As per an October 2009 press release, CEO Robert Rico stated that all funding for 2009 had been completed.
Our understanding from this recent PR is that the share structure will remain stable at least until sometime in 2010.
Rico also said: ��I'm pleased to report that we're headed into 2010 with a good pool of capital.� http://www.marketwire.com/press-rele...p-1067596.html
It strongly appears from these statements and information that the 22M float share structure is currently solid. http://www.marketwire.com/press-rele...p-1067596.html
Robert Rico is chairman of the board of directors of Expert Group Inc. as well as the chairman of Expert Financing & Investments Inc. a company he co-founded in 2005. Expert Financing has been originating conventional and government loans since its inception. The company started as a retail firm providing millions of dollars in real estate loans to all types of borrowers including domestic and foreign nationals for all kinds of properties including condominiums, single family residences, town houses, commercial buildings like hotels, strip mall, gas station, restaurants, warehouses, industrial facilities and day care to name a few. Expert has also assisted in loans for luxurious projects like the Icon Brickell, Aventura Marina, Williams Island, the Continuum in South Beach, Aqualina and The Trump in Sunny Isles Beach. The company operates as a public company with its shares trading on the over the counter under the stock symbol EXPU. As a loan origination and marketing firm, utilized as an independent outsource platform for several national and regional community banks. "We have originated and closed millions of dollars in loans since our inception with steady production consistent to date." Robert Rico is a self-made entrepreneur with experience in both the public and private sector with a clear vision for Expert Financing to become the "go to firm" for all your real estate lending needs.
Robert Rico has stated repeatedly that Expert�s goal is to become a �household name.� Expert has taken several steps in 2009 to become more recognized in their target markets. http://www.marketwire.com/press-rele...p-1060141.html
�We are taking all the right steps necessary to fulfill our business plan of opening multiple locations and branding Expert Financing as the go-to firm for all your Real Estate Lending Needs.� http://www.marketwire.com/press-rele...p-1060141.html
�We are successfully branding the 'Expert Financing' name all over the Florida marketplace. We offer people the absolute best deal on home loans. Our closing ratio is higher than other lenders.� http://www.marketwire.com/press-rele...p-1060141.html
�The Company recorded net income of approximately $187,192.17 or $.0044 earnings per share, for the quarter ended September 30, 2009. This represents a 350% increase when compared to total net income for the quarter ended September 30, 2008.� http://www.marketwire.com/press-rele...p-1071631.html
.0044 x 4 (quarters) = .0176 annual EPS
A P/E multiple of 10 is the standard multiplier for companies within the mortgage industry.
.0176 x 10 = .176
Using a P/E multiple of 10 this puts EXPU at approximately .176 cents per share based on 2009 Q3 numbers alone!
***************************
MORE PPS VALUATION SCENARIOS -- Q4 2009 / Q1 2010
Scenario: 100 Originators
"Expert Group projects that by year's end [2009] we will have our 3rd location open and have a total of 100 originators operating. With 100 originators we conservatively project that we will close 100 loans per month.� http://www.marketwire.com/press-rele...p-1042684.html
100 x $5,000 = $500,000 monthly revenues
Using a profit margin of 50% this means $250,000 monthly net income for Expert or $750,000 quarterly net income.
This would mean $.0175 earnings per share for Q1-Q2, 2010 (based on 43M o/s).
.0175 x 4 = .07
Using a P/E multiple of 10 this would put a value of about 70 cents per share on EXPU stock in this scenario.
50% profit margin this means $1M monthly in net income for Expert.
This would be $3M in quarterly net income.
Quarterly earnings per share with a 43M o/s would be approximately .07 cents per share.
.07 x 4 (quarters) = .28
Using the industry standard PE multiple of 10 this gives EXPU a valuation of $2.80 cents per share in this scenario.
It should be noted that all of these valuations do not take into account several �X Factors� that may greatly and positively impact net income. Let�s consider a few�
EXPU Investor presentation: http://tinyurl.com/yc7sjbu
]]>Penny Stocksstockjumperhttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6835CAVR Cavu Resources, Inc.
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6830&goto=newpost
Wed, 18 Nov 2009 20:59:14 GMTCAVU Resources, Inc. Restructures Acquisition of FILO Quip Resources, LLC
Press Release
Source: CAVU Resources Inc.
On 5:00 pm EST, Thursday November 12, 2009
TULSA, OK--(Marketwire - 11/12/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) announced today that the Company has restructured the original acquisition of Filo Quip Resources, LLC. CAVU assumed the agreement to purchase FILO from a private investment group. The agreement calls for the assumption of specific liabilities and a combination of cash and a 6 month note transaction valued at $700,000 dollars. In the acquisition, CAVU is purchasing a 140 acre lease in Garvin County, Oklahoma that has two producing wells and seven additional wells that can be completed in down-hole reservoirs.
The two producing wells were originally drilled in the 1950s to the Bromide formation at about 3,000 feet. The wells were re-entered during the 1990s when companies in the area began testing deeper reservoirs. The wells were then deepened to the Oil Creek formation at about 3,800 feet. The two wells are currently producing a combined 35 to 40 barrels of oil per day (BOPD).
CAVU plans to re-enter the other seven wells on the lease and rework them with the possibility of deepening them to the Arbuckle at about 4,000 feet. On the way, the McLish and Oil Creek formations would be tested. Based upon results of the two producers and other wells contiguous to the lease, CAVU anticipates each of the seven wells to have average initial production rates of between 30 to 50 BOPD.
"Based upon results in this field, we are very confident that we should hit our targets for the nine wells, which would put our combined production at between 270-400 BOPD," said William C. Robinson, President of CAVU Resources, Inc. "Some companies have successfully tested the Arbuckle in this area with tremendous results, which provides a nice upside potential for us. There is also some open acreage in the area, which would allow us to grow the project and quickly add to our reserves."
At current market prices, an average of 300 BOPD would generate about $400,000 per month in net production revenues. Management plans to then leverage its reserves and cash flow to expand the project.
"We have targeted addition opportunities in the surrounding area with the potential to rework existing wells along with potential new development and drilling programs that could quickly become add to the existing project duplicating the projected production," added Robinson.
About CAVU Resources, Inc.
During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations, which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines, CAVU Operating Company, LLC managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at http://www.cavu-resources.com.
]]>Penny StocksChuck.whttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6830WDAS
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6823&goto=newpost
Wed, 18 Nov 2009 14:58:18 GMTWorld Assurance Group (WDAS.OTC) Subsidiary Anav Holdings Corporation to Seek Growth at the Infrastructure Asia Conference & Exhibition 2010
UNESCAP Estimates Annual Infrastructure Overhaul of Asia in Excess of US$600 Billion
Press Release
Source: World Assurance Group Inc.
On 8:30 am EST, Wednesday November 18, 2009
Buzz up! 0 Print
Companies:World Assurance Group, Inc.
NEW YORK, NY--(Marketwire - 11/18/09) - World Assurance Group (Pinksheets:WDAS - News) announced today that its subsidiary Anav Holdings Corporation intends to pursue growth in Central, South and Latin Americas, Mexico, Africa, Middle East region and in the Asia-Pacific region particularly in Indonesia.
Related Quotes
Symbol Price Change
WDAS.PK 0.26 0.00
{"s" : "wdas.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} The "Infrastructure Asia Conference & Exhibition 2010" (IA 2010 -- www.infrastructureasia.com), will be held directly alongside and in conjunction with the UNESCAP "Asia Pacific Ministerial Conference for Infrastructure Development" (UNESCAP 2010 -- www.unescap.org) to be hosted by the Indonesian Government in Jakarta, April 14-17, 2010.
WDAS intends to attend the events which will be attended by official delegations from the country members of UNESCAP. Among the invitees are Ministers from each Asia Pacific country (including Russia), joined by over 500 senior infrastructure procurement officers and 7000 buyers from the region.
The importance of sustainable infrastructure for Asia has never been more important than today, as governments throughout Asia look to large scale infrastructure projects to deliver lasting development solutions for their countries' future growth. The success of the upcoming UNESCAP 2010 ultimately rests on the collaborations that can be achieved between public and private sector in attendance.
For WDAS, the timing and opportunity couldn't be better for promoting US - European industry as well. Over 30,000 sq ft will be available to the private sector within the exhibition with over 1,500 senior government and business leaders expected to attend the conference where the topic of discussion among the Ministers will be the UNESCAP estimates of a required annual infrastructure overhaul of Asia in excess of US$600 billion. As Indonesia has one of the largest populations it is a perfect platform for WDAS to promote itself and products throughout Asia.
Jonathan B. Morgan, the president of WDAS, stated, "Economic growth in the emerging markets may truly help fuel gains; there is quite a good likelihood of continuing growth for several years. WDAS intends to invest and bring products from North America and Europe to meet any need. It is critical for WDAS to participate in the growing emerging markets in order to establish itself as a global player in sustainable building products."
About World Assurance Group Inc (Pinksheets:WDAS - News)
World Assurance Group through its wholly owned subsidiary ANAV Holdings Corporation intends to participate in all areas of real estate transactions, including direct ownership, co-investment with other institutions or developers, as well as indirect participation through the acquisition of distressed debt and/or non-performing loans with the eventual goal of control of the underlying assets. For more information please visit www.anavholdings.com
About UNESCAP
United Nations Economic and Social Commission for Asia and the Pacific is the regional development arm of the United Nations for the Asia-Pacific region. With a membership of 62 Governments, 58 of which are in the region, and a geographical scope that stretches from Turkey in the west to the Pacific island nation of Kiribati in the east, and from the Russian Federation in the north to New Zealand in the south, ESCAP is the most comprehensive of the United Nations five regional commissions. It is also the largest United Nations body serving the Asia-Pacific region with over 600 staff. Established in 1947 with its headquarters in Bangkok, Thailand, ESCAP seeks to overcome some of the region's greatest challenges. For more information please visit www.unescap.org.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
Contact:
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Related Headlines
World Assurance Group (WDAS.OTC) Subsidiary Anav Holdings Corporation to Seek Growth at the Infrastructure Asia Conference & Exhibition 2010 - Marketwire
World Assurance Group (WDAS.OTC) Subsidiary ANAV Holdings Corporation Says Growth in Emerging Markets to Create Housing Boom - Marketwire
World Assurance Group (WDAS.OTC) Subsidiary Anav Holdings Corporation Seeks to Grow Its Environmental Green Building Product Line - Marketwire
World Assurance Group (WDAS.OTC) Subsidiary Anav Holdings Corporation Announces Banco Del Pacifico of Ecuador to Start Housing Loan Program for First Time Buyers - Marketwire
World Assurance Group (WDAS.OTC) Subsidiary Anav Holdings Corporation to Utilize Environmentally Green Building Systems for Ecuadorian Projects - Marketwire
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]]>Penny Stockssharpmind101http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6823KNDR .105 solar huge news
http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6820&goto=newpost
Wed, 18 Nov 2009 14:46:32 GMTKender Energy Signs Distributor for Its Solar Technology, to Market in North Africa, Middle East, Greece, Turkey and the GCC
Nov 17, 2009 4:00:00 PM
GENEVA -- (MARKET WIRE) -- 11/17/09 -- Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Memorandum Of Understanding (MOU) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries worldwide. Initial commitments are for 500 solar units annually.
Malta, an island state in the middle of the Mediterranean, historically has acted as a link for many trade routes dating back to Rome reaching into Ancient times; it also was an important staging point during the Crusades into the Holy-Land during the Middle Ages; and in modern times Malta is a trading hub with its tax free zone forging an important link in the modern world's Crusade to a Eco-friendly energy future. This significant geographic position brings big advantages.
"Malta is an island state without significant natural resources of petroleum products and because of this it has been an early adaptor of renewable energy out of necessity," states Sean Kelly, President and CEO of Kender Energy. "Malta's added benefit of being a hub for international trade is a tremendous advantage and one of the major reasons that we have entered into discussions with Malta Licensing & Distribution Network S.A. to market and distribute our Solar engine technology."
]]>Penny Stocksstockdoghttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6820VLDI news
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Tue, 17 Nov 2009 15:42:23 GMTOTTAWA, Nov. 17, 2009 (GLOBE NEWSWIRE) -- Validian Corporation, (OTCBB:VLDI), a world wide leader in the protection of digital assets is pleased to announce a new channel partnership agreement with Paragon Path Inc., which has licensed Validian ShareProtect for its customers in the legal and eHealth verticals.
"Our partnership with Paragon Path and the licenses for ShareProtect for law firms, medical offices and clinics are confirmation that these communities require protection of their digital assets," said Bruce Benn, President and CEO of Validian Corporation. "We believe that the legal and medical communities provide huge potential for Validian's products."
"Our clients include law firms, doctors and medical clinics who increasingly need remote access, transfer and storage of their digital files and records, particularly to share with their colleagues, clients and patients," commented Alvaro Solares, Vice President of Paragon Path, Inc. "Validian products provide a unique capability to lawyers and doctors and we expect that these initial licenses and installations will drive future sales."
Validian has two sales channels: direct and partner sales. The Company supports its channel partner distribution system, leveraging the larger sales forces and established customer bases of Original Equipment Manufacturers (OEMs), Service Providers (SPs), Independent Software Vendors (ISVs), Value Added Partners (VARs) and System Integrators (SIs).
]]>Penny StockskillerBhttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6805LDPP .02 44% revenue increase
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Mon, 16 Nov 2009 16:25:06 GMTEL SEGUNDO, Calif.--(BUSINESS WIRE)-- LONDON PACIFIC & PARTNERS, INC. (PINK SHEETS: LDPP) (FRANKFURT: EGU) ("London Pacific" or the "Company"), the international investment and management advisor, announced on Friday, November 13, its results for the third quarter ended September 30, 2009. Net revenue for the third quarter was $789,865 and pre-tax profit was $225,147. This compares to net revenue of $548,972 and pre-tax profit of $146,876 in the third quarter ended September 30, 2008, representing year-on-year increases of 44% in net revenue and 53% in pre-tax profit for the quarter.
London Pacific recently announced it had successfully changed its name to London Pacific & Partners, Inc. (formerly known as London & Pacific Healthcare, Inc.) and is now trading on the Pink Sheets under its new symbol "LDPP." The Company also previously announced two key deals: the acquisition of Acadia Group Advisors, an international corporate financier and private equity advisor, and the strategic profit-sharing agreement with Harrell Hospitality Group, a hotel management and investment firm, in which the Company also acquired an exclusive option to purchase Harrell Hospitality within the next four years. These two deals are expected to provide London Pacific with valuable access to high-value transactions and management opportunities in the Corporate Finance and Hospitality sectors, worldwide.
Commenting on the third quarter results, Stuart Bruck, Executive Chairman of London Pacific, said, "I am very pleased with the growth and profitability of our expanding businesses, that now include hospitality and financial services which effectively complements our existing business lines in healthcare and investment banking. With our new company name, increased industry management expertise and addition of seasoned personnel, London Pacific & Partners looks forward to completing a profitable pipeline of material transactions in the months ahead. We anticipate announcing significant milestones in the very near future."
]]>Penny Stocksflipperhttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6793BOCL Bio-clean inc.
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Mon, 16 Nov 2009 15:29:17 GMTBio-Clean, Inc. Announces $1 Million Purchase Order
Press Release
Source: Bio-Clean, Inc.
On 5:24 pm EST, Friday November 13, 2009
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Companies:Bio-Clean Inc
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Bio-Clean, Inc. (OTCBB: BOCL - News) (�Bio-Clean� or the �Company�) announced today that it had ordered approximately 345,000 gallons of the base solution used in substantially all of its cleaning products. The deliveries of this solution will start in January 2010. Darren Holman, President of Bio-Clean, stated, �This order will provide the Company with the base solution needed to produce the products we expect to sell in the first quarter of 2010.�
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BOCL.OB 0.68 +0.08
{"s" : "bocl.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} ABOUT Bio-Clean, Inc. (OTCBB: BOCL - News)
Bio-Clean distributes line of industrial cleaners and restoration products that are an blend of biodegradable, heavy duty surfactants and �LIVE� naturally occurring microbes.
Bio-Clean will donate 10% of its sales to the Wounded Warrior Foundation www.woundedwarrior.com. The mission of the Wounded Warrior Project is to assist wounded U.S. servicemen and women.
Notice Regarding Forward-Looking Statements
This news release contains �forward-looking statements,� as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with cleaning fluid and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
]]>Penny Stockssharpmind101http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6791GBRC Global Resource Corp
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Thu, 12 Nov 2009 23:47:33 GMTGlobal Resource Corp. Announces New Chairman of the Board and New Chief Executive Officer
Brian Ettinger Named Chairman and Ken Kinsella Named Chief Executive Officer
MOUNT LAUREL, NJ, Nov 12, 2009 (MARKETWIRE via COMTEX) -- Global Resource Corp. (PINKSHEETS: GBRC), a developer of a patent-pending microwave technology and machinery for extracting oil and gas, announced today that Mr. Ken Kinsella will become the Chief Executive Officer effective immediately. In addition, Mr. Brian Ettinger has been appointed as the new Chairman of the Board of Directors.
Mr. Kinsella has extensive senior executive experience in the operations and management of several top organizations including both private and publicly listed NASDAQ companies. His wealth of experience is global and he has conducted business in countries outside the U.S. such as the UK, Japan, Korea, India, Australia, Greater China and throughout Continental Europe.
Most recently he was a Founding Partner in Tribe Equity, a provider of capital and corporate growth strategies to rapidly growing small and medium businesses. Prior to Tribe Equity he was the CEO of Invicta Investments Limited, an organization that specialized in the construction of transactions including international property, energy, renewables and corporate equity deals in the U.S. and Europe. Throughout his career he has been responsible for global business rollouts and strategic expansion including mergers and acquisitions, joint venture execution and strategic alliance partnerships.
"I'm excited to join Global Resource and offer my experience and knowledge of bringing new technologies to commercialization," said Mr. Kinsella. "The Board of Directors believes that the technology represents a paradigm shift in the energy industry and my goal is to quickly and effectively commercialize our proprietary solution for various applications. The continued focus of our team will be on the monetization of this ground-breaking technology and Global Resource has taken major strides toward the beginning stages of commercialization. I look forward to working with the team at Global and providing important shareholder updates as we reach key milestones."
Mr. Ettinger, a consultant to Global Resource since 2008, currently serves as the CEO and General Counsel for Worldwide Strategic Partners, Inc., an energy consulting firm involved in domestic and international energy projects involving oil and gas production, exploration, alternative fuels, waste to energy, biofuels, power, and pipelines. He has also served as an independent consultant to Nuclear Solutions, Inc., a firm that developed technology that takes waste coal and converts to diesel fuel. While at Nuclear Solutions he assisted the company in obtaining grants and entered into a contract to develop this technology under Shaw Energy Group.
In addition, Mr. Ettinger is the founder of The Law Office of Brian Ettinger. The law firm concentrates on a general practice emphasizing Civil Litigation, Business Litigation, International Business Contracts and Negotiations including Energy Related Industries, International Lobbying Services and represents domestic and international clients in the energy, oil and gas development, exploration, drilling and pipeline products and/or natural gas development, power distribution, power purchase agreements, and coal producing pollution reduction.
"I look forward to being the Chairman of the Board as we move toward commercializing our technology in 2010," commented Mr. Ettinger. "The Board is pleased with the recent licensing agreement and sale of a 1-ton prototype unit to Universal Alternative Fuels for the use in oil shale and we believe Mr. Kinsella has the experience and relationships to deliver additional contracts. Global Resource is at a crucial inflection point of fully commercializing our technology and we felt strongly about bringing in a CEO with Mr. Kinsella's credentials. It is an essential step to driving value for our shareholders."
About Global Resource Corporation
Global Resource Corp., (PINKSHEETS: GBRC), is a developer of a patent-pending microwave technology and machinery that extracts oil and petroleum products from shale deposits, tar sands, capped oil wells, bituminous coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials. For more information see: www.globalresourcecorp.com
]]>Penny Stocksmickymoose99http://www.thepennystockblog.com/bulletinboard/showthread.php?t=6775APNN .19 nanotech
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Thu, 12 Nov 2009 18:13:46 GMTCARLSBAD, CA -- (MARKET WIRE) -- 11/12/09 -- Applied Nanoscience Inc. (ANI) (PINKSHEETS: APNN), a nanotechnology-based filtration company, today issued a progress report to its investors relating to progress in commercializing the disposable NanoFense(TM) Protective Face Mask, designed to offer superior protection against a broad spectrum of harmful virus, bacteria and fungi.
The President and CEO of Applied Nanoscience Inc. recently returned from a trip to the Asia Pacific region where he observed that the pilot plant which produces ANI's proprietary antimicrobial nanoparticle technology (the NanoFense formulation) for application to filter media is secure and can reliably manufacture 1200L/day as planned and previously stated. This formulation will be applied to filter media in order to produce one of the most effective protective masks ever designed.
In concert with commencing production of the "coating" for the NanoFense Protective Face Mask, ANI has established the necessary supplier accounts to ensure consistent and reliable ongoing operation. Paramount to the design of the supply chain and production facility is the protection of the intellectual property developed by the Company. The management team has been working diligently to implement an effective approach to both suppliers and facilities management in order to protect the significant investment that has been made in ANI's proprietary nanotechnology.
The management team believes the disposable NanoFense Protective Face Mask holds the potential to revolutionize the market for face masks due to its unique ability to not only filter harmful pathogens, but also eradicate pathogens that collect on the mask during use. The technology differs significantly from all other known supposed antimicrobial filtration devices as performance testing is conducted on a NanoFense-coated mask; not on an antimicrobial agent which may then be added to a generic face mask after testing.
Applied Nanoscience believes it is on schedule to supply the formulation for incorporation to filter media and final production by their joint venture partner. The revolutionary disposable NanoFense Protective Face Mask will be made available as soon as possible in an effort to help protect people in some of the most heavily populated parts of the world. Applied Nanoscience Inc. already holds broad patent protection in many of these countries.
]]>Penny Stockspennymasterhttp://www.thepennystockblog.com/bulletinboard/showthread.php?t=6773PSGI
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Thu, 12 Nov 2009 13:17:47 GMTPrime Star Group, Inc. DD Sheet
Estimated Market Cap: $150,538 as of Nov 2, 2009
Outstanding Shares: 1,368,529 as of Jun 30, 2008
Number of Shareholders of Record: 670 as of Apr 10, 2008
Prime Star Group, Inc. (PSGI) is a holding company that focuses on three areas of business:
SmartPaxTM Packaging. Prime Star Group's propietary, safe, unique, efficient and environmentally friendly packaging system stores solids, liquids, ice and beverages of all types - from wine to industrial products. Additionally, SmartPax can be used hot or cold. Our subsidiary Intela-Pac, Inc. builds the machines that make SmartPaxTM, our non-alcoholic and alcoholic beverage producers use this packaging, and our distribution subsidiaries distribute those products to businesses across the country. SmartPax are also used for disaster relief services.
High-Quality Beverages and Foods. Prime Star Group's subsidiary companies produce, market and distribute high-quality products: exclusive wines, healthy teas, adult mixed beverages, healthy flavored waters, and gourmet, all-natural seafood products (including the amazing Lobster Slider). We also co-brand and co-pack existing high-end beverages and private label liquors for large hospitality and entertainment brands.
Distribution. Once products are developed and packaged, they need to get to market. Our subsidiaries distribute into the beverage, food retail, entertainment, hospitality, medical and disaster relief markets. Additionally, our logistics company works with our distributors to ensure the entire supply chain remains efficient.
In addition to our great products and powerful marketing and distribution, we have a seasoned, successful management team that is committed to building great, profitable companies.
Prime Star Group, Inc. will continue to pursue interesting, profitable business opportunities in our areas or expertise.
History
The Company was originally organized on June 1, 1999 as American Career Centers. Inc. On April 2, 2002 we amended our articles of incorporation to charter our name to AMERICAN WATER STAR, INC. On April 3, 2008 the company changed its charter to PRIME STAR GROUP, INC.
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