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News on SXG.V: SAMEX Exploration Update, Los Zorros Project, Chile

Monday, March 26th, 2012

VANCOUVER, BRITISH COLUMBIA - SAMEX (TSX VENTURE:SXG) (OTCBB:SMXMF) is steadily advancing the exploration program at its Los Zorros property in Chile. Drilling since mid-December includes over 4700 meters in 11 holes (two holes are currently in progress) and has variably encountered anomalous and massive sulphide mineralization including; pathfinder minerals, favourable sedimentary intervals and structurally controlled mineralization. Program highlights include:

  • Milagro Project – Drill hole MW-12-01, located on the western edge of the Milagro gravity anomaly, encountered 22 meters of semi-massive to massive sulphide and oxide mineralization, composed of pyrite, magnetite, hematite and chalcopyrite. Logging and sampling is in progress, which will be followed by assaying. A 400 meter step out drill hole, MW-12-02 positioned more central within the Milagro gravity anomaly, has been started to follow up this encouraging intersection.
  • Nora Project, Target Zones C/D – Logging, sampling and assaying have been completed on the four holes within the project area, N-11-01A, B, C and N-11-02A. Results are discussed below. Please also see PDF graphics plate at www.samex.com for map and section views.
  • Nora Project, Target Zones A/B – Three deep holes have been drilled, N-11-03, -04, N-12-05 and a fourth N-12-06 is in progress. Logging, sampling and assaying are in progress and will be reported when completed.
  • Lora SE Project – Two holes, LSE-12-01, -02 were drilled in this project area to test geophysical gravity low, resistivity and chargeability anomalies – intercepts of mineralized quartz-eye diorite porphyry and altered mineralized sediments were encountered. Logging, sampling and assaying are in progress and will be reported when completed.
  • Cinchado Project – One deep drill hole SP-12-01, has been completed from the east side of Cinchado towards the west and underneath the old San Pedro gold mine. Logging, sampling and assaying are in progress and will be reported when completed.
  • Drill pads have been prepared for continuation of drilling at the Virgen del Carmen, Colorina, Milagro, Florida, and the Salvadora project areas. Additional drill pads are in the process of being constructed in other project areas.
  • A new road to access the more northern Cresta de Gallo area is under construction along the eastern range front region of the property.

Current drilling at the Los Zorros Property is exploring for gold and silver at multiple project areas within the Company’s extensive land holdings that now cover more than 100 square kilometers. This round of drilling is following up exploration results from earlier drilling and is also testing anomalies identified by the Titan-24 geophysical survey which was completed last year.

Nora Project, Target Zones C/D - SAMEX has been drilling in the Nora Project area which hosts a complex swarm of copper-gold-mineralized barite veins and a series of broad zones of anomalous gold. Assay results have been received and compiled for four of the holes (DDH-N-11-01A, -01B, -01C and N-11-02A) drilled in Zone C and Zone D of the Nora Project area. The holes were designed to follow-up on a significant interval of high-grade gold mineralization (15.96 g/t over 7.66 meters) in pyritized and silicified diorite-clast breccia intercepted in drill hole N-04-05 during 2004, and to test a target concept to determine if a gold-mineralized breccia mantos/stratigraphic unit was possibly wide-spread beneath the area.

A set of three drill holes (DDH-N-11-01A, N-11-01B, N-11-01C) were drilled at various angles from the same pad location (drill pad N-11-01) in order to test the concept of a mantos/stratigraphic control. A fourth drill hole (DDH-N-11-02A) was positioned to drill steeply southeastward across the target interval in similar fashion to the nearby original 2004 “discovery” drill hole. Three of the holes (DDH-N-11-01A, N-11-01B, and N-11-02A) holes made successful intact intersections through the targeted stratigraphic interval of “black silica” matrix diorite breccia, and hole N-11-01C intersected a similar layer much higher in the hole than anticipated – but the intersections in these mantos/stratigraphic units did not have any significant gold content.

However, highly anomalous amounts of gold and silver with highly anomalous copper were intersected from the surface (or near surface) to depths of about 40.0 to 60.0 meters in all three of the holes (DDH-N-11-01A, N-11-01B, N-11-01C) drilled from drill pad N-11-01) (see Table below). These shallow intersections appear to be related to two strongly quartz-sericite-pyrite altered vein/fault zones which trend through the vicinity of the drill pad (N-11-01). The respective true widths of these intersections can only be estimated to be between 5 to 16 meters because the orientation of the drill holes is angled at a very acute angle (<10° to 20°) to the steep westward dip of the vein/faults, thus smearing out the highly fractured intersections (see cross section figure at www.samex.com). Because of the highly fractured rock, core recovery in these intervals was overall poor. Other intervals of anomalous gold and copper were also intersected at greater depths in these holes and appear to be related to quartz-sericite-pyrite altered vein/faults.

Hole
Number
From
(m)
To
(m)
Interval
(m)
Gold
Range
(g/t)
Gold
Avg.
(g/t)
Silver
Range
(g/t)
Silver
Avg.
(g/t)
Copper
Range
(ppm)
Copper
Avg.
(ppm)
N-11-01A 11 18 7 0.274-2.69 1.34 4.3-7.2 5.47 1650-3330 2293
and 24 40.7 16.7 0.077-1.74 0.4 2.6-14 7.03 1180-11100 4173
N-11-01B 6 61.8 55.8 0.061-1.4 0.29 1.3-11.1 4.14 1010-51310 6090
and 80.3 91.2 10.9 0.174-1.75 0.55 0.8-3.4 2.23 61-9910 2222
and 221.8 224.2 2.4 0.258-1.04 0.55 3.5-6.4 4.58 3270-9980 7463
N-11-01C 17 41 24 0.048-2.72 0.5 0.6-7.9 2.92 993-4100 2361
and 50 58.8 8.8 0.062-1.095 0.57 1.4-3.0 2.34 215-2540 826
and 155 155.85 0.85 0.218 1.1 1405
and 164.6 165.5 0.9 0.161 5 12060
and 218 227 9 0.253-0.694 0.44 0.1-1.6 0.6 6.0-16.0 9
N-11-02A 350.4 352.2 1.8 1.575 2.6 2340

All lengths are down hole distances. True widths of the mineralized structures are not known.

The additional information gleaned in these recent drill holes suggests that the interval of high-grade gold mineralization intersected in 2004 may be related to one of the steep (near vertical) fault/vein structures – perhaps comprising part of the wide mineralized quartz-sericite-pyrite alteration halo – instead of being part of a mantos-style (near horizontal/stratigraphic) layer. The intervals of highly anomalous gold and silver with highly anomalous copper in these new holes all appear to be associated with quartz-sericite-pyrite altered fault/veins (vertical/steep oriented structures).

The complex swarm of copper-gold-mineralized barite veins and broad zones of anomalous gold present at surface in the Nora Project area may be leakage up from deeper-seated mineralization in vertical/steep oriented structures beneath the area. The recent drill holes (DDH-N-11-01A, -01B, -01C) were oriented as steep-angle holes in order to test through mantos-style (near horizontal/stratigraphic) layers; however, a program of low-angled holes would need to be considered in order to test the nature and true width of vertical/steep oriented structures at depth in prospective Zones C and D and in the broader and more-strongly veined prospective Zone A.

The Los Zorros land holdings now cover a 15 kilometer-strike of the prospective range front/anticline along which mineralization is exposed in old-time piquenero underground workings, open cuts, trenches and pits situated in the Colorina, Nora, Virgen del Carmen, Cresta de Gallo, and Trueno project areas that are yet to be systematically explored by SAMEX.

SAMEX is making steady progress in exploring this large and complex district and continues to develop a clearer understanding of the controls and influences that gave rise to mineralization on the property. SAMEX is well funded to advance the exploration of its high-priority precious metal projects at Los Zorros, while bringing forward numerous additional targets in the district. The Company holds a portion of its working capital in the form of gold and silver bullion.

The geologic technical information in this News Release was prepared by Robert Kell, Vice-President Exploration for SAMEX MINING CORP. and Philip Southam, Geologist. Mr. Kell and Mr. Southam are “qualified persons” pursuant to Canadian Securities National Instrument 43-101 concerning Standards Of Disclosure For Mineral Projects.

Robert E. Kell, Vice President – Exploration

This news release includes certain “forward-looking statements”. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various risks. Actual results could differ materially from those projected as a result of the following factors, among others: risks inherent in mineral exploration; risks associated with development, construction and mining operations; the uncertainty of future profitability and uncertainty of access to additional capital.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

 

Contact Information

 

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Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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News on AUTO: AutoInfo, Inc. Announces 2011 Year End Results

Monday, March 26th, 2012

BOCA RATON, FL – AutoInfo, Inc. (OTCBB: AUTO), a non-asset based third party logistics service provider, today announced results of its operations for the year ended December 31, 2011. The Company reported gross revenues of $320.0 million as compared with $279.7 million for the prior year. Income from operations was $6.4 million as compared with $5.7 million for the prior year. The Company reported net income of $3.6 million or basic earnings per share of $.11, as compared with $3.1 million or $.09 per share for the prior year.

Harry Wachtel, President, stated, “We are pleased to report significant increases in revenues and profitability for 2011. We have continued to broaden our service lines and expand our agent network as we continue to focus on opportunities through both intrinsic and external growth. In July 2011, we acquired the truck agent business unit from a significant agent and have integrated operations. In 2012, we will continue to broaden our transportation service offerings, expand our agent network and pursue strategic growth and other opportunities in furtherance of our mission to enhance stockholder values.”

AutoInfo, Inc. operates in two business segments, non-asset based transportation services and agent support services. The non-asset based transportation services segment includes our brokerage and contract carrier services which are provided through a network of independent sales agents throughout the United States and Canada. Revenue in this segment is generated from freight transportation transactions. The agent support services segment includes an array of services that we provide to our agent network to support and encourage the expansion of our agents’ businesses, primarily financial support through interest bearing long-term loans, sales-type leases (which facilitate the acquisition of trucks by owner-operators), and non-interest bearing short-term loans, as well as other services including training, margin analysis, marketing assistance, industry and market segment data and business analysis tools. Revenue in this segment consists primarily of interest on interest bearing loans and profits and interest earned on sales-type leases.

This release contains “forward-looking statements” based on current expectations but involving known and unknown risks and uncertainties. Actual results or achievements may be materially different from those expected or implied. The Company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Therefore, there can be no assurance that forward-looking statements will prove to be accurate.

AUTOINFO, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010
2011 2010
Gross revenues $ 319,970,000 $ 279,701,000
Income from operations 6,432,000 5,676,000
Income before income taxes 5,912,000 4,975,000
Income taxes 2,274,000 1,920,000
Net income $ 3,638,000 $ 3,055,000
Net income per share: basic and diluted
Basic $ .11 $ .09
Diluted $ .10 $ .09
Weighted average number of shares (basic) 33,908,000 33,500,000
Weighted average number of shares (diluted) 35,396,000 34,490,000
CONDENSED CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31, 2011 AND 2010
2011 2010
Current assets:
Cash and cash equivalents $ 136,000 $ 316,000
Accounts receivable, net 40,658,000 49,736,000
Deferred income taxes 42,000 135,000
Other current assets 3,004,000 3,256,000
Total current assets 43,840,000 53,443,000
Other assets 15,267,000 13,284,000
Total assets $ 59,107,000 $ 66,727,000
Current liabilities:
Accounts payable and accrued liabilities $ 17,942,000 $ 23,188,000
Loan payable 16,273,000 22,432,000
Stockholders’ equity 24,892,000 21,107,000
Total liabilities and stockholders’ equity $ 59,107,000 $ 66,727,000

 

Contact Information

Contact:
William I. Wunderlich
Chief Financial Officer
(561) 988-9456 ext 201

 

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Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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News on ECOS: EcoloCap Positive Results in Chile Lead to Agreement

Monday, March 26th, 2012

A standstill agreement is in place pending a commitment that would cause FEI to absorb up to 100% of the production of M-Fuel production equipment and additive

BARRINGTON, ILLINOIS - EcoloCap Solutions Inc. (OTCBB:ECOS). EcoloCap is in a standstill period with Fuel Emulsions International, Inc. (FEI) of Miami, FL until March 31, 2012. Under the proposed agreement, FEI is committed to purchase, own and operate all or most of EcoloCap’s manufactured processing equipment and additive for the production of M-Fuel and other specialty emulsion fuels.

The proposed agreement has been in negotiation for the last three months and follows the successful testing of M-Fuel production by Energy Partners Chile (EPC), which shared its positive results with FEI.

EcoloCap’s M-Fuel is the result of years of research and development. It has been an uphill battle for the market to recognize that the breakthrough technology can reduce diesel fuel consumption by up to 30% and particulate emissions up to 98%. In these times of $100/barrel oil, ECOS is fast gaining recognition and attracting the attention of leading users of heavy oils. The proposal ECOS has received is a testimonial to that recognition.

The EcoloCap NPU line of equipment uses Nano Technology to produce M-Fuel an emulsification of typically 70% Diesel, Kerosene or other Heavy Fuel Oils, 28% water and 2% of an EcoloCap proprietary additive. Independent tests have indicated a reduction of particulate emissions of some 98% and NOX by 65% while producing almost the same efficiency as the original unprocessed fuel. The result is a reduction of up to 30% in the consumption of diesel fuel and depending upon fuel prices, cost savings can reach 25%.

Michael Siegel, CEO of EcoloCap Solutions Inc. states: “First and foremost, I want to thank our shareholders who have stood by us over the past many months. Your faith in ECOS will not go unrewarded. We at EcoloCap did not stand still. We have been searching far and wide for the best partners to capitalize on our game changing technology. ”

About The Company: EcoloCap Solutions Inc. (OTCBB:ECOS) and its associated company K-MBT Inc., are focused on technology companies that utilize advanced nanotechnology to design, develop, manufacture and sell alternative energy products. http://www.EcoloCap.com.

Forward looking statement:

This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions, and actual events may differ materially. Please refer to documents that EcoloCap Solutions Inc. files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materials from those contained in the forward-looking statements.

Contact Information

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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All content on StockGuru.com is original content – with the exception of client news releases. All content is (C) Copyright 2002 to 2012 Pentony Enterprises LLC. No content may be used in whole or in part without the express written consent of our Publisher. We encourage web sites interested in our content to offer a reciprical exchange agreement in exchange for use of some of our content. We do not offer advance approval, but contact our Publisher if you have an interest in repropagating our content. Contact as at: [email protected] or (469) 252-3030. Mailing address: 1601 Berwick Drive; McKinney, Texas 75070.

News on SPOW: Sky Power Solutions’ (OTCBB: SPOW) Solar Concentrating, Electric Power Generation System Achieves Significant Breakthrough With Proprietary Heat Dissipation Technology

Monday, March 26th, 2012

MOORESVILLE, NC – Sky Power Solutions (OTCBB: SPOW) (www.skypowersolutions.com), an emerging leader in the development and marketing of next generation lithium-ion powered batteries worldwide and a leading developer of residentialSolar Concentrating, Electric Power Generation Systems able to produce in excess of 2,000 watts (2 Kilowatts (kw)) of electric power, with additional heat output for heating water, using sunlight as the only fuel, has achieved significant advancements in the area of heat dissipation utilizing proprietary technology, combing two components into one unit enhancing the overall operation and functional aspect of the device.

Using a Parabolic Dish, the Sky Power Solutions’ unit concentrates the power of 1,000 suns onto a focal point creating a tremendous amount of heat in addition to the electrical output generated from the Concentrating Photovoltaic cells. This recent breakthrough provides efficient heat dissipation while allowing the Photovoltaic Cells to function within a safe temperature range, and utilizes the heat output in the household water heating system.

Taking advantage of the elements of the existing unit, the Sky Power Engineering team realized that by using copper as the primary heat sink and simply splitting the heat sink to allow for electrical current flow, they could not only easily dissipate heat from the cells, they also capture the heat to provide household hot water. This also eliminated the need for very delicate electronic connections as the heat sink itself is the connection resulting in a significant enhancement relating to the anticipated life expectancy of the unit overall.

Individual Photovoltaic (PV) Cells are mounted to a Boron Nitride Ceramic insulator which is in turn mounted to a larger copper heat sink that is water cooled. Users of the Sky Power Residential Standalone unit will be able to capture the heat resulting from the concentration of solar power to provide hot water to their house, working in conjunction with the existing water heater, thereby reducing the amount of energy users need for heating water.

By mounting the cells to the heat sink in this manner, Sky Power has been able to create a modular cell that can be mounted in many different arrays with a very high packing factor, therefore getting the most energy possible from the concentrated sunlight.

The unique design of the Sky Power Solutions Residential system gives homeowners, for the first time, access to advanced concentrating Photovoltaic technology combined with sun tracking while taking only about 1/3 the space compared to standard solar PV panels.

The Sky Power Solutions residential solar power station will have the ability to reduce the average user’s monthly electric grid consumption by up to 30-40% with zero emissions using only the power of the Sun.

The entry level price point for a Sky Power Solutions-Concentrated Solar electric system is estimated to be $5,000 at release. Many financial incentives are available which reduces the user’s actual costs and vary by location. Multiple units can be combined for increased capacity.

The Energy Information Administration reports that the growth of electric generating capacity is expected to decline after 2012 and remain below 7 gigawatts per year until 2025. A construction boom in the early 2000s saw capacity additions averaging 35 gigawatts a year, much higher than had been seen before. More recently, average annual builds have dropped to around 16 gigawatts per year creating a significant shortfall looking forward. Growth of consumption is expected to far exceed the growth of capacity resulting in the need to accommodate the demand. Sky Power Solutions realizes growth in consumer acceptance of all electric cars will place an increased burden on the US and other countries’ Electric Grids. At the same time growth of electrical power capacity is expected to decline. Sky Power Solutions is geared to respond to this need with the development and potential sales of our proprietary Residential Stand-Alone, Solar concentrating, electric generation system.

Electric consumption in the United States is increasing at a rate that will outpace the anticipated expansion of the US Electric Grid’s capacity and Sky Power Solutions is poised for expansion into the Residential Electric Power Generation market to allow end users to generate and return 30-40% of their electric usage back to the grid using “Net-Metering” and the Sky Power System. Sky Power Solutions is moving to meet this demand by lowering grid consumption of the users of the Residential Solar Generation System. This will augment the Electric Grid by producing and sending electricity from the residential users’ surplus into the grid, thereby causing the users’ electric meters to run backwards, reducing their electric bills, and more importantly adding needed power to a stressed grid. Sky Power Solutions has determined the growth in the consumer acceptance of all electric cars will place an increased burden on the US Electric Grid at the same time growth in capacity of electrical capacity is expected to decline. Sky Power Solutions is moving to meet this demand while lowering the grid consumption of the users of the Residential Solar Generation System and actually augmenting the Electric Grid by producing and sending electricity from the residential users surplus capacity into the grid, therefore causing the users electric meter to run backwards, not only reducing the electric bill, but more importantly adding needed power to a stressed grid for the benefit of all.

FORWARD LOOKING STATEMENT:
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.

Contact Information

CONTACT INFORMATION:
About Sky Power Solutions:
www.skypowersolutions.com

For further information:
[email protected]
Headquartered in Mooresville, NC
Sky Power Solutions Corp.
Media Contact: [email protected]
Investor Relations: [email protected]

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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News on SRCH: Searchlight Minerals Corp. to Hold Annual Meeting of Stockholders on May 8, 2012

Monday, March 26th, 2012

HENDERSON, NV – Searchlight Minerals Corp. (OTCBB: SRCH) (“Searchlight” or the “Company”) today announced that the Company will hold its annual meeting of stockholders on Tuesday, May 8, 2012 at 10 a.m., local time, at the Ibis Golf & Country Club, 8225 Ibis Boulevard, West Palm Beach, Florida 33412.

Stockholders will receive their proxy information in the coming days. The Company’s proxy filing can also be viewed at www.sec.gov.

About Searchlight Minerals Corp.

Searchlight Minerals Corp. is an exploration stage company engaged in the acquisition and exploration of mineral properties and slag reprocessing projects. The Company holds interests in two mineral projects: (i) the Clarkdale Slag Project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona; and (ii) the Searchlight Gold Project, which involves exploration for precious metals on mining claims near Searchlight, Nevada. The Clarkdale Slag Project is the more advanced of two ongoing projects that the Company is pursuing. The Searchlight Gold Project is an early-stage gold exploration endeavor on 3,200 acres located approximately 50 miles south of Las Vegas, Nevada.

Searchlight Minerals Corp. is headquartered in Henderson, Nevada, and its common stock is listed on the OTC Bulletin Board under the symbol “SRCH.” Additional information is available on the Company’s website at www.searchlightminerals.com and in the Company’s filings with the U.S. Securities and Exchange Commission.

Forward-Looking Statements

This Press Release may contain, in addition to historical information, forward-looking statements. Statements in this Press Release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading “Risk Factors” in the Company’s periodic filings with the Commission. When used in this Press Release in discussing the recent developments on the Project, including, without limitation, the resolution of certain issues relating to the operation of the production module, the words such as “believe,” “could,” “may,” “expect” and similar expressions are forward-looking statements. The risk factors that could cause actual results to differ from these forward-looking statements include, but are not restricted to technical issues on the Project that may affect the production module and its primary process components, challenges in moving from pilot plant scale to production scale, the risk that actual recoveries of base and precious metals or other minerals re-processed from the slag material at the Clarkdale site will not be economically feasible, uncertainty of estimates of mineralized material, operational risk, the Company’s limited operating history, uncertainties about the availability of additional financing, geological or mechanical difficulties affecting the Company’s planned mineral recovery programs, the risk that actual capital costs, operating costs and economic returns may differ significantly from the Company’s estimates and uncertainty whether the results from the Company’s feasibility studies are not sufficiently positive for the Company to proceed with the construction of its processing facility, operational risk, the impact of governmental and environmental regulation, financial risk, currency risk volatility in the prices of precious metals and other statements that are not historical facts as disclosed under the heading “Risk Factors” in the Company’s periodic filings with securities regulators in the United States. Consequently, risk factors including, but not limited to the aforementioned, may result in significant delays to the projected or anticipated production target dates.

 

Contact Information

Contact Information:

RJ Falkner & Company, Inc.
Investor Relations Counsel
(800) 377-9893

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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News on BFLX: Bioflamex Corp. Announces Significant Progress in Negotiations With Distribution Partner Covering Denmark, Sweden, Norway, Germany, Finland, Poland, Austria and UK

Monday, March 26th, 2012

COPENHAGEN, DENMARK – Bioflamex Corp. (OTCBB: BFLX) announces that it has initiated negotiations with personal safety solutions company Cardia Europe concerning collaboration on key market segments in Denmark, Sweden, Norway, Finland, Austria, Poland, Germany, UK and the Global maritime market.

Cardia Europe is a dynamic Danish importer and distribution Company which distributes defibrillators, fire extinguishers and related products to the public and private sector.

The key component for the collaboration will be Bioflamex aerosol extinguishers and the PurifyAir Smoke Escape Hoods. The first trial projects will be conducted in Denmark before roll out to German and UK markets.

About Bioflamex Corp.: Bioflamex Corporation is a company focused on the development, production and marketing of its proprietary “clean tech” and advanced high performance fire prevention and -fighting products and systems.

With its global scope, Bioflamex Corp. primarily aims at penetrating its main market segments with its proprietary Bioflamex aerosols and Sentinel wildfire detection and prevention systems.

The mission is to protect the environments while saving lives and property from fires. The Bioflamex Corp. products can enhance private households’ ability to safely and efficiently fight and prevent home fires, and increase the ability to protect private and public property in forest fire prone areas with little or no contamination of the environment.

In a $100 billion fire safety and electronic security market, Bioflamex Corp. aims to become a leading “clean tech” niche player and to generate a $100 million + turnover within the next 5 years.

FORWARD-LOOKING STATEMENTS: “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company’s business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company’s business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company’s Securities and Exchange Commission filings under “risk factors” and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.

 

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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News on PPBL: Luminx Holdings, Inc., a Subsidiary of Premiere Opportunities Group, Inc., to File S-1 Registration Statement

Monday, March 26th, 2012

TOTOWA, NJ – Premiere Opportunities Group, Inc. (OTCQB:PPBL) (OTCBB: PPBL) (http://www.premiereopportunities.com/) is pleased to announce that Luminx Holdings, Inc., a partially owned subsidiary of Premiere Opportunities Group, Inc., is expected to file an S-1 registration statement with the Securities and Exchange Commission in the Spring of 2012.

Chris H. Giordano, Premiere’s Co-Chairman, stated, “Luminx Holdings is in the midst of completing its audited financial statements which is the last step before it is ready to file its Registration Statement with the Securities and Exchange Commission. Once filed and approved, we will be distributing shares of Luminx to all of our shareholders as part of our ongoing strategy of creating shareholder value.”

We are very pleased that the final technology milestones between Luminx and Industrial Technology Research Institute (ITRI) (http://www.itri.org.tw/eng/) have been completed. This gives Luminx the ability to market the only full line of “transformer-less” LED technology in the world.

Unlike Luminx, most other LED lighting products on the market utilize transformers which burn hotter, use more energy and have a shorter service life. Luminx utilizes a proprietary “chip technology” developed by ITRI that allows Luminx to have a competitive advantage in both cost and performance over its competitors.

It is the intent of Luminx to have its lighting products available for the big box store market as well as the supermarkets and the discount store chains in the USA in 2012. Luminx also expects to distribute its products globally through other distribution channels it maintains overseas. The market for very high quality but affordable LED lighting is vast and we are excited to share that opportunity with Luminx as shareholders in their company.

We also expect, over the next several weeks, to announce relationships with other corporate clients that we feel could increase shareholder value through our equity retention in those companies as well as the distribution of that equity to our shareholders as a stock dividend.

Contact Information

Please contact

Chris H. Giordano
Co-Chairman
973-390-0072

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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News on MFON: Utah State University Achieves Rapid Mobile Audience Growth With CommerceTel’s Txtstation Technology

Monday, March 26th, 2012

SAN DIEGO, CA – CommerceTel Corporation (OTCBB: MFON), an award-winning provider of proprietary mobile marketing technologies and solutions, announced today that Utah State University has renewed their mobile texting program for the next three years using CommerceTel’s patented mobile marketing technology.

A new texting club sponsored by the Jon M. Huntsman School of Business during the 2011-12 school year attracted over 4,000 students, according to the school’s co-director of strategic marketing and brand management Eric Schulz.

The club, created as a way to inform students about upcoming business school events, also sent out information about general campus events.

“Texting is the preferred method of communication for students,” Schulz said. “It’s relevant to what we’re doing here, and it’s the best way to communicate with them. Every time we used the texting platform this school year, it worked wonders. It is especially good at generating crowds for special events and special speaking engagements. Many times we had overflow audiences where in the past we’d be struggling to fill up half the auditorium.”

Text message announcements help students to stay informed without having to sit down and use a computer, said freshman international business major Aimee Matheson.

“I think text message announcements are genius. They are convenient for this generation,” Matheson said. “Sometimes I forget to check my email or mail, but I always have my phone with me.”

Schulz pulled the idea of starting a texting club from his experience working at the Utah Jazz, where he started a similar program with CommerceTel technology.

The system isn’t meant to benefit just business students. “If Athletics wants everybody to wear a white T-shirt for the basketball game Saturday night, we help get the word out,” Schulz said. He said the system is used for a combination of information and fun.

“Texting is one of the key marketing tools that is really evolving,” he said. “The experience I had with the Jazz really convinced me of its power. CommerceTel and Txtstation’s technology has empowered us with an unparalleled toolset to drive success from the mobile channel.”

He said texting has capabilities that other forms of communication do not, noting that social media pages like Facebook and Twitter tend to bury messages. Email, he said, is ineffective, because most students only check their email in the evening.

“We worked with Eric when he was at the Utah Jazz and developed a level of trust and confidence. He called me after he took his job at Utah State and had some great ideas on how to communicate with his student body through SMS. We are excited to work with Eric again and already see the great outcome of the partnership,” said Michael Falato, Senior Vice President of Sales & Business Development of CommerceTel’s Txtstation Division.

About CommerceTel

CommerceTel is an award-winning provider of proprietary mobile marketing technologies and the inventor of C4, a unique, enterprise-grade platform empowering brands to engage mobile consumers via multiple channels. The only system of its kind, C4 is a cloud-based solution providing broad mobile communications and extensive CRM features. It is integrated with multiple tier-one PSTN/ IP carriers and micropayment processing facilities as well as with carrier premium SMS billing systems. Customers include CNN, Disney, Sony Pictures, AT&T, Verizon, USA Network, numerous professional sports franchises, the Golf Channel, and NBC Universal.

 

 

Contact Information

For additional information, contact:

Investor Contacts:
MZ North America
Ted Haberfield
President
Tel: +1-760-755-2716
Web: www.mz-ir.com

Company Contact:

Dennis Becker
CEO
CommerceTel Corp.
Phone: 619.725.0990

Business Development Opportunities:
Michael Falato
SVP of Sales & Business Development
CommerceTel Corp/Txtstation
512.522.4710

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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News on SCCB: Seacoast Commerce Bank Announces Hiring of Joseph Brodsky and the Opening of SBA Loan Production Office in Las Vegas, Nevada

Monday, March 26th, 2012

CHULA VISTA, CA – Seacoast Commerce Bank (OTCBB: SCCB) today announced the opening of its tenth Small Business Administration (“SBA”) Loan Production Office, located in Las Vegas, Nevada, and the hiring of Joseph Brodsky, Senior Vice President, SBA Business Development Officer, to manage the new office. Mr. Brodsky has over 13 years of banking experience, predominately in the SBA lending industry. He also has 7 years experience as a practicing attorney specializing in real estate law.

“Joe is a great addition to our SBA Team. His focus will be in Nevada as well as cultivating SBA business from his many contacts in the Western United States Joe has worked for me in the past and has been a large volume producer of SBA loans, specifically for the small business owner that wants to buy, construct, or expand their own facility,” stated David H. Bartram, Executive Vice President and SBA Division Manager.

Seacoast Commerce Bank is a business bank operating in San Diego, California, with loan production offices in San Diego County, Orange County, Los Angeles, San Ramon and Sacramento, California; Bellevue, Washington; Phoenix, Arizona; Salt Lake City, Utah; Las Vegas, Nevada and Dallas, Texas. For more information on the bank please visit our website at www.sccombank.com or contact Richard M. Sanborn, President and Chief Executive Officer at 619-409-5762. For more information on Seacoast Commerce Bank’s SBA lending platform, please visit www.sbaconnect.com, or contact David H. Bartram, Executive Vice President and SBA Division Manager at 760-796-5544.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank’s business, and the intent, belief or current expectations of the Bank, its directors or its officers, are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such “forward-looking” statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank’s performance and regulatory matters.

 

Contact Information

Richard M. Sanborn
President and Chief Executive Officer
619-409-5762

David H. Bartram
Executive Vice President and SBA Division Manager
760-796-5544

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected]

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

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StockGuru News: BillMyParents Enters Service Agreement With iTrackr Systems’ (IRYS) RespondQ

Friday, March 23rd, 2012

SAN DIEGO, CA – BillMyParents, Inc. (OTCQB: BMPI) (OTCBB:BMPI) announced today that they have entered into a service agreement with RespondQ, the chat technology company from e-commerce software and services provider iTrackr Systems, Inc. (OTCBB: IRYS) RespondQ’s advanced chat platform will enhance BillMyParents’ online customer experience, as well as provide additional conversion opportunities to potential users of the company’s prepaid card for teens.

“The ability to communicate immediately and personally with consumers browsing our website is very important,” said Mike McCoy, BillMyParents Chairman and Chief Executive Officer. “RespondQ’s technology will not only lead to a better return on investment, but also help reduce costs and boost sales.”

Employing chat as a new channel for companies to interact with their customers, RespondQ benefits include reduction of abandonment rates and increased sales, loyalty and rapport. BillMyParents agents will be able to initiate chats with users who are actively looking at the website, allowing them to offer meaningful, real-time help and information. The industry’s most trusted, stable and secure chat technology provider, RespondQ is a wholly owned subsidiary of iTrackr Systems, Inc.

For more information about BillMyParents, please visit: www.BillMyParents.com

About BillMyParents, Inc.
BillMyParents, Inc. (OTCQB: BMPI) (OTCBB: BMPI) offers a solution for parents who want to help their teens develop smart spending habits. The BillMyParents SpendSmart MasterCard card is the instantly trackable, reloadable MasterCard prepaid card that lets parents and teens track spending in real time. Features include the ability to instantly lock, unlock and reload the card at any time; text alerts to parents and teens showing real-time transaction details with each purchase; and the freedom and security of a MasterCard prepaid card without the risk of overdrafts, accruing debt or affecting credit scores. BillMyParents provides parents with a modern way to help teach their teens financial responsibility, when it counts. For more information, please visit www.BillMyParents.com.

The BillMyParents SpendSmart MasterCard card is issued by University National Bank pursuant to license by MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated.

About iTrackr Systems, Inc.
iTrackr Systems, Inc. is an e-commerce and social media software and services company. The company built and now operates iTrackr.com, a direct deals platform containing over a million business profiles, designed to enable consumers and their local merchants the ability and independence to negotiate discounts directly when they want and how they want. In addition, through its wholly owned subsidiary, RespondQ, the company provides cutting edge chat technology via licensing and is the first in its class to also offer a Full Service and Pay for Performance model to qualifying site owners. The Company was founded in 2006 and is headquartered in Deerfield Beach, Florida. For more information, please visit:http://www.itrackrsystems.com/

 

Contact Information

Media Contact:
Sunny Zobel
503.927.4488
[email protected]

Investor Relations Inquiries:
Mike Sweeney
646.863.6341
[email protected]

 

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