You On Demand Inc. (CBBD) strikes deal with Warner, stock shoots up
Posted on: June 29th, 2011Written by:
You On Demand Inc. (OTCBB: CBBD) shares skyrocketed 17.4% Wednesday to 11.5 cents, a day after signing a new deal with Warner Bros. Volume for the stock topped 10.1 million shares in late Wednesday trading, in contrast with just over a 888,000-share daily average.
A Reuters story Tuesday noted that the Shanghai-based company has agreed with Warner Bros Entertainment’s local joint venture to offer pay per view movies on its newly launched online paid content platform, Youku said on Tuesday.
Under a three-year agreement with Warner Bros, Youku will add 400 to 450 Warner Bros movies to its Youku Premium library.
“People are increasingly willing to pay for high-quality content, and we take the growth of Youku Premium as a sign that the market is improving for paid services,” Dele Liu, Youku’s Chief Financial Officer, was quoted as saying in the Reuters piece.
Youku Premium, officially launched on Tuesday, began beta testing in October 2010. Since then, the service has processed 200,000 paid transactions for its library of more than 300 movies and 3,880 educational programs.
EPAZZ Inc. (EPAZ) shoots higher on high AutoHire renewal rate
Posted on: June 29th, 2011Written by:
EPAZZ Inc. (OTCBB: EPAZ) shares chugged ahead 14.3% Wednesday to four cents, on word of a 95% renewal rate for its AutoHire applicant tracking system. Shares totaled 5,000, just a shade less than its all-day average volume.
According to a news release issued Wednesday, June 29, the AutoHire software package is a complete Human Resources suite with a variety of options and features. Notable features include an end-user customizable career center, which give customers the opportunity to collect resumes online and quickly keep records that are in line with EEOC requirements for Title VII companies that have fifteen employees or more.
Because AutoHire is web-based, it is an affordable solution for companies looking for comprehensive Human Resources management software.
Epazz, Inc. CEO Shaun Passley was quoted thus in the same release, “we are adding new customers, growing our revenue and decreasing our cost. We have many more deals in the pipeline that we believe can now be completed.”
Chicago-based Epazz, Inc. specializes in enterprise-wide software solutions that provide excellence in web-based applications for government, higher education, and the private sector.
Phototron Holdings Inc. (PHOT) jumps on new grow system
Posted on: June 28th, 2011Written by:
Phototron Holdings Inc. (OTCBB: PHOT) zoomed in price 69.4% to 83 cents Tuesday, on the launch of a new hydroponic grow system for medical marijuana. Shares totaled 4,950, slightly higher than the daily average of 3,669.
The company, based in Woodland Hills, California, is the designer, manufacturer and seller of the PHOTOTRON Hydroponic Indoor Grow System, announced the launch of its newly designed Pro LED Phototron Grow System.
Phototron Board Chairman Craig Ellins was quoted in a June 28 press release as saying, “Our new patent pending Pro LED Phototron offers huge benefits to the home grower. Powered by energy efficient LED light, the unit delivers the equivalent of 1,000 watts of growing power while consuming only 320 watts of electricity. It saves energy, and drastically reduces heat.
“The unit contains both blue and red LED lighting,” Ellins continued. “Blue LED’s provide optimum light for the growing, while red LED’s shift bud formation into high gear. These features are important for the cultivation of medicinal herbs such as medicinal cannabis (medical marijuana) and chamomile.”
Traditional hydroponic growing can be highly complex and very expensive, requiring gardeners to assemble tents, buckets, containers, pumps, water chillers, fans, hoses, and reservoirs. The Phototron Pro LED delivers the high-efficiency growing that users expect from hydroponics without the high costs and complexity.
Phototron Holdings, Inc. designs and manufactures indoor mini-greenhouses capable of growing herbs, vegetables, flowers, fruits and terrestrial plants stronger and faster than traditional farming methods.
Greenshift Corp. (GERS) shares rise amid favorable patent news
Posted on: June 28th, 2011Written by:
Greenshift Corp. (OTCBB: GERS) saw its shares climb 100% to two-100ths of a cent, on word of another patent. Volume for the stock totaled 32 million shares.
The Alpharetta, Georgia-based waste management company announced Tuesday that the U.S. Patent and Trademark Office (“USPTO”) has issued a notice of allowance for patent application number 12/559,136, titled “Method of Recovering Oil From Thin Stillage” (the “’136 Patent Application”).
According to Tuesday’s news release, the new notice of allowance is the second allowance issued by the USPTO on this particular application. To further strengthen its legal position, GreenShift previously requested the USPTO to withdraw the earlier allowance and review all of the materials submitted by all of the defendants in GreenShift’s current patent infringement litigation, including ICM, Flottwegg, and Westfalia in support of their invalidity arguments. The USPTO issued the new notice of allowance for the ‘136 Patent Application in spite of everything raised by each and every defendant, including ICM.
GreenShift believes that the allowance of the new patent by the USPTO is further substantial confirmation of the validity of GreenShift’s patents, and significantly increases the strength of GreenShift’s legal position in asserting its claims of infringement of its corn oil extraction patents.
The release quoted David Winsness, GreenShift’s Chief Technology Officer, as saying “We are aware of no practical method to recover corn oil from stillage that is not covered by our patents, including processes involving ‘staged’ recovery of oil from emulsion layers, recovery of oil following cold fermentation, and use of chemical additives.
“We welcome and expect innovation; however, we also expect any and all use of our technologies to be lawful.”
GreenShift Corporation develops and commercializes clean technologies that facilitate the more efficient use of natural resources.
EGPI Firecreek Inc. (EFIR) boosts land holdings, doubles in price
Posted on: June 27th, 2011Written by:
EGPI Firecreek Inc. (OTCBB: EFIR) shares doubled in price Monday to two-100ths of a cent, after acquiring gas leases. Volume for the stock was 32.3 million shares, dwarfing a daily average around 3.7 million.
A news release dated Monday, June 27, revealed that the company had signed a Letter of Intent with Capco Resources of Texas, Inc. to acquire the Brown Snyder Oil and Gas Leases covering over 640 acres located near Abilene, Jones County, Texas.
EGPI has already begun due diligence and project evaluations with CAPCO in anticipation of the acquisition, including proposed Well Recompletion and Enhancement Work programs. The Company has set a projected date of July 31, 2011, to complete the acquisition of the Brown Snyder property and its oil and gas interests.
The final acquisition will be subject to final negotiations, documentation and requisite approvals. The Company expects to acquire working interests and half of the corresponding 75% Net Revenue Interest associated with the oil and gas leases, including oil and gas reserves and all assets located in Abilene, Texas, inclusive of all surface equipment associated with seven of the nine existing wells that are to be reworked, and participation rights in all future drilling activities.
EGPI Firecreek CEO Dennis Alexander was quoted in the release as saying, “We look forward to working with the CAPCO management in order to move forward now that we have entered into a Letter of Intent. We also continue our plans for growth within our oil and gas division, through the acquisition of the Brown Snyder lease interests.”
Alexander continued, “We believe the upside potential for production activity and enhancement on this property, utilizing modern state-of-the-art techniques, will present an excellent opportunity for the Company.”
The Scottsdale, Arizona-based EGPI,. formerly known as Energy Producers, Inc. is an oil and gas production company focusing on the recovery and development of oil and natural gas.
China Youth Media, Inc. (CHYU) surges on news of merger
Posted on: June 27th, 2011Written by:
China Youth Media, Inc. (OTCBB: CHYU) shares leaped 44.4% to 1.3 cents on word of a merger with Midwest Energy Emissions Corp. (ME2C), a North Dakota corporation, the result of which ME2C has become a wholly-owned subsidiary of CHYU. Share volume topped 789,000, compared to an all-day average of less than 18,000.
By virtue of the merger, all of the outstanding shares of common stock of ME2C have been converted into shares of Series B Convertible Preferred Stock of CHYU so that the shareholders of ME2C will upon conversion of the merger shares own 90.0% of CHYU’s issued and outstanding capital stock as of the closing date after giving effect to the merger.
In the June 27 press release announcing the merger, newly-minted China Youth Media CEO John Norris declared, “We are extremely pleased to have completed this important step in our corporate development. We are now looking forward to aggressively deploying our field proven and patented technology throughout the world.”
ME2C develops and delivers patented, cost effective mercury capture systems and technologies to power plants and other coal-burning units in the United States and Canada.
China Youth Media, Inc. is a China-focused youth marketing and media company whose business is to deliver advertising and content to one of the most sought after and fastest growing demographics in the world.
