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PSGI | Quote | Chart | News | PowerRating -- STOCK MARKETING INC PRESENTS : (OTCBB: MTCH - Matech Corp., (OTCBB: PSGI | Quote | Chart | News | PowerRating) Prime Star Group, Inc., (OTCBB: DGTC | Quote | Chart | News | PowerRating) Del Global Technologies Corp., (PINKSHEETS: PGCX | Quote | Chart | News | PowerRating) PanGenex Corp., (OTCBB: GELV | Quote | Chart | News | PowerRating) Green Energy Live, Inc., (OTCBB: LFVN | Quote | Chart | News | PowerRating) Lifevantage Corp.
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(OTCBB:
MTCH |
Quote |
Chart |
News |
PowerRating - Matech Corp.)
LATEST NEWS!!
MATECH Performs EFS Testing on Bridges for Federal Highway Administration
LOS ANGELES, CA, Nov 16, 2009 -- MATECH Corp. (OTCBB: MTCH | Quote | Chart | News | PowerRating) (www.matechcorp.com) is pleased to announce that it will perform services on bridges for the Federal Highway Administration (FHWA) during the remainder of 2009 and 2010. MATECH will utilize its leading technology, the Electrochemical Fatigue Sensor (EFS) System, in these inspections as part of the FHWA's federally mandated Steel Bridge Testing Program (SBTP) Phase II. MATECH's EFS System is the only nondestructive method able to detect growing cracks in bridges as small as 0.01 inches.
A major agency of the U.S. Department of Transportation, the FHWA is responsible for ensuring that America's roads and highways continue to be the safest and most technologically advanced. The FHWA provides financial and technical support to them for constructing, improving, and preserving America's highway system. The agency is provided an annual budget of more than $30 billion.
This effort, set to commence the coming weeks, will involve a week's worth of fieldwork, as well as subsequent analysis and reporting. Results will provide the bridge owner with invaluable information about the growth activity of the cracks in the bridge structural steel members, as well as the efficacy of repairs already completed on the structures.
MATECH has a proven track record of saving bridge owners money through improving bridge management and public safety with its cutting edge technology, the EFS System. Through eliminating subjectivity of inspections for cracking in bridge members (the FHWA has stated that 90% of these cracks are missed with visual inspection), MATECH is helping to eliminate wasted funds by prioritizing repairs and verifying their effectiveness immediately.
"We are very pleased to be continuing this effort with the FHWA," said Robert M. Bernstein, CEO of MATECH. "Results of this Steel Bridge Testing Program will be invaluable to the industry. We anticipate that the results of the program will represent yet another example of the effectiveness and inherent value of our EFS technology." About MATECH MATECH Corp, founded in 1983, is an engineering, research and development company based in Los Angeles, CA. The Company specializes in technologies to measure microscopic fractures in metal structures. MATECH is now marketing its patented Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally. To learn more, please visit: www.matechcorp.com.
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(OTCBB: PSGI - Prime Star Group, Inc.)
LATEST NEWS!!
Prime Star Group Expands Into Caribbean Market
Initial Purchase Order From Puerto Rico Is Valued at Over $500K
LAS VEGAS, NV, Nov 16, 2009 -- Prime Star Group, Inc. (OTCBB: PSGI | Quote | Chart | News | PowerRating) is pleased to announce they have expanded their sales and distribution network into the Caribbean market place. On November 12, 2009 Prime Star Group received its initial purchase order from Isla Nena Distributors for over 20,000 cases of its exclusive beverage products to be distributed in Puerto Rico. The order includes Fling, Hemp-C Iced Tea, and Vintner's Private Reserve. This initial order will generate over $500,000 in revenue for the first quarter of 2010.
Roger Mohlman, President of Prime Star Group, stated, "Working with Isla Nena Distributors is part of our long term plan to expand our distribution network domestically and abroad. Establishing distribution in Puerto Rico increases sales within the United States and provides an excellent staging area for expansion into international beverage markets. We are confident our products will do well with the consumers in Puerto Rico." "The Prime Star beverage product lines are superior in branding, taste, quality and price point. Isla Nena is pleased to be the first to offer these innovative products to the Caribbean market place," said David Maldonado, President of Isla Nena Distributors.
About Prime Star Group Prime Star Group, Inc. is a holding company that focuses on four areas of business: SmartPaxTM Packaging, Premium Food & Beverage Products, and Distribution. The company's operating subsidiaries produce, market, and distribute wines, tea, adult mixed beverages, flavored water, and gourmet seafood products. The company also produces co-brand and co-pack existing high-end beverages and private label liquors for large hospitality and entertainment brands. Prime Star is focused on the food and beverage, entertainment, hospitality, healthcare and disaster relief industries.
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(OTCBB: DGTC - Del Global Technologies Corp.)
LATEST NEWS!!
Del Global Technologies Announces an Agreement in Principle to Sell Its Del Medical Imaging Business
ROSELLE, Ill., Nov 12, 2009 -- Del Global Technologies Corp. (OTCBB: DGTC | Quote | Chart | News | PowerRating) ("Del Global" or "the Company") and United Marketing Group ("UMG") have entered into an Agreement in Principle to transfer certain assets and the product lines of Del Medical Imaging from Del Global to UMG. It is the goal of the parties to have the transaction completed prior to the 2009 Radiological Society of North America (RSNA) trade show beginning at the end of this month. This strategic acquisition adds the heritage and quality of the Del Medical X-ray products to the already robust product portfolio of UMG.
"UMG intends to continue to run Del Medical as a wholly-owned subsidiary, enhance the existing product line and maintain the collective current channels of distribution. We are proud to bring the Del Medical reputation under the UMG umbrella. We will continue to offer the same quality and reliability of Del Medical products that our customers have come to expect," says Toufic Lorenzo, President & CEO of United Marketing Group.
"We are pleased that we have found a home with UMG for the Del Medical U.S. imaging business that will provide for it to grow and prosper. The transaction does not include our Villa subsidiary in Italy," said John Quicke, President and CEO of Del Global. He added, "After completion of this transaction Del Global will focus its efforts on growing Villa in the international imaging markets and the power supply business through its RFI subsidiary." The transaction is subject to execution of a definitive agreement among the parties and approval of the Boards of Directors of Del Global and UMG. No assurances can be given that a definitive agreement will be executed.
ABOUT DEL GLOBAL TECHNOLOGIES Del Global Technologies Corp. is primarily engaged in the design, manufacture and marketing of high performance diagnostic imaging systems for medical, dental and veterinary applications through the Del Medical Systems Group. Through its U.S. based Del Medical Imaging Corp. and Milan, Italy based Villa Sistemi Medicali S.p.A. subsidiaries, the Company offers a broad portfolio of general radiographic, radiographic/fluoroscopic, portable x-ray and digital radiographic systems to the global marketplace. Through its RFI subsidiary, Del Global manufactures proprietary high-voltage power conversion subsystems including electronic filters, high voltage capacitors, pulse modulators, transformers and reactors, and a variety of other products designed for industrial, medical, military and other commercial applications. The Company's web site is www.delglobal.com.
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(PINKSHEETS: PGCX - PanGenex Corp.)
LATEST NEWS!!
PanGenex Forms Exclusive Strategic Partnership with BulovaTech Labs
To Jointly Develop & Commercialize Patented Nutraceuticals
TAMPA, Fla., Nov 16, 2009 -- PanGenex Corporation (Pink Sheets: PGCX), a global nutraceutical and dietary supplement manufacturer and marketer, announced today that it has finalized a strategic partnership with BulovaTech Labs, Inc., ("LABS"), a wholly-owned subsidiary of Bulova Technologies Group Inc., (Pink Sheets: BLVT). The new partnership supports the joint development and commercialization of PanGenex's nutraceutical and healthcare products. The partnership includes an exclusive collaboration agreement that will accelerate the development of proprietary technologies and products, which will be marketed by PanGenex under the PanGenex trademark.
"BulovaTech Labs is an ideal partner for PanGenex," said Jim Mosbaugh, COO of PanGenex. "Through LABS' parent company, Bulova Technologies Group, LABS has access to substantial technical and financial resources. Together, we can continue to drive momentum for sales of unique, condition-specific, and proven effective nutraceutical and healthcare products worldwide." PanGenex has developed unique patent-protected products, which effectively address cardiac health, soft tissue calcification, and blood lipids. PanGenex's trademarked and patented products include: Calci-Clear (TM), LIPIDEME (TM) and Omeganol (TM), all of which are showing strong physician and end user acceptance in the $538 Billion soft tissue calcification treatment market. "LABS is an exciting venture that seeks to invest in high-growth ground floor opportunities, including the rapidly growing market for nutraceuticals. We are confident that by collaborating with PanGenex we can rapidly bring successful commercial products to markets worldwide," stated BulovaTech Chairman John Stanton.
About BulovaTech Labs, Inc.
BulovaTech Labs, Inc. ("LABS"), a wholly-owned subsidiary of Bulova Technologies Group, Inc. (Pink Sheets: BLVT), was founded in 2009 with the purpose to incubate, capitalize on, secure, and expand the market potential for proven market-ready technologies and products in the nutraceutical and health related industries. For more information, please visit http://www.bulovatechgroup.com.
About PanGenex Corporation PanGenex pursues business opportunities in the $70 billion dollar nutraceutical and dietary supplement industry. With a focus on the cardiovascular health segment, PanGenex develops and markets sector-leading, patented or patent pending, condition-specific nutraceuticals and topical over-the-counter (OTC) drugs and personal care products. Many of its products contain the purest grade of nutraceutical components available anywhere without a prescription.
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(OTCBB: GELV - Green Energy Live, Inc.)
LATEST NEWS!!
Green Energy Live Targets $154 Billion U.S. Livestock Industry for Sustainable Biomass-to-Energy Technology Development
GRAND RAPIDS, MI, Nov 16, 2009 -- Green Energy Live Inc. (OTCBB: GELV | Quote | Chart | News | PowerRating) is focused on developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation's $154 billion livestock industry. Green Energy Live is utilizing proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable America's 1.2 million livestock farmers and ranchers to convert their animal waste into clean, renewable energy.
The Environmental Protection Agency reports one of the biggest challenges facing livestock producers is managing manure and process water in a way that protects environmental quality and controls odor. In one day, a cow generates 120 pounds of manure. California's dairies alone produce 70 billion pounds of manure each year. Finding ways to manage such a staggering amount of waste is challenging, especially considering the high costs of hauling and disposal and limited landfill space. If this waste is not properly managed, it can contaminate water supplies, threaten public health and contribute to climate change. (EPA Waste Management Division, August 2009).
According to the USDA National Agricultural Statistics Service's Census of Agriculture published February 2009, there are 2,204,792 farms and ranches and 1,152,903 livestock operations in the United States. The market value of livestock and poultry sold is $153,562,563,000.
Green Energy Live is engaged in the development of sustainable biomass-to- energy conversion solutions. The company is leveraging proprietary gasification technology for the development of self-contained, small footprint, renewable energy gasification systems to be rapidly and economically deployed at the waste site. Green Energy Live is focused on new biowaste conversion technologies that process methane gas from the manure of animals including cows, pigs, turkeys and chickens and convert it into electricity to supply the farm's power requirements and generate revenue selling surplus power back to local utilities.
Karen Clark, President/CEO of Green Energy Live, commented: "The tremendous amount of animal waste generated by the livestock industry must be carefully managed to avoid damage to watersheds and air quality. Manure hauling and disposal are huge bottom line costs to operators. We are working to enable America's farmers and ranchers to utilize the manure generated by their operations as a feedstock for clean, renewable, domestic energy production. We have chosen to focus on the $154 billion U.S. livestock industry because we believe our technology will be able to help operators generate clean energy for farm use as well as sale back to the grid, reduce electricity and manure disposal costs, and protect the environment." To support its growing technology business Green Energy Live acquired Comanche Livestock Exchange in July 2009. The wholly owned subsidiary is a Texas-based provider of live animal auctions with an extensive customer base of livestock producers, ongoing revenue and a 60-year operating history.
About Green Energy Live (OTCBB: GELV | Quote | Chart | News | PowerRating) Green Energy Live Inc. is a fully reporting, publicly listed engineering and technology company headquartered in Wyoming, Michigan. The company is focused on developing and commercializing renewable energy gasification systems that convert biomass wastes, currently being dumped in landfills, into energy and other valuable co-products.
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(OTCBB: LFVN - Lifevantage Corp.)
LATEST NEWS!!
LifeVantage Announces Unaudited First Quarter Fiscal 2010 Financial and Operating Results
--Conference call scheduled for November 18, 2009 at 1:30pm (Pacific); simultaneous webcast at www.lifevantage.com
SAN DIEGO, Nov 12, 2009 -- LifeVantage Corporation (OTC Bulletin Board : LFVN), the maker of Protandim(R) and TrueScience(TM) Anti-Aging Cream, science-based solutions to oxidative stress, announced today unaudited first quarter fiscal 2010 financial and operating results.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090930/LIFEVANTAGELOGO) The Company recorded net revenue of approximately $1.9 million for the three month period ended September 30, 2009. For the three month period ended September 30, 2008, the Company recorded net revenue of approximately $1.3 million which included recognition of previously deferred retail revenue of approximately $0.5 million. The growth in revenue is due to an increase in sales attributable to the Company's on-going expansion into the network marketing distribution model.
Total operating expenses for the three months ended September 30, 2009 decreased by approximately 25% from total operating expenses of approximately $6.1 million for the three months ended June 30, 2009. This decline is primarily attributable to reductions of approximately 80% in total legal expenses. For the three months ended September 30, 2009, legal expenses decreased approximately $1.0 million and other operating expenses decreased by approximately $0.5 million compared to the previous quarter. These decreases are directly attributable to the Company's efforts to reduce expenses and the reduced activity in litigation in which the Company has been a party.
The Company recorded net income for the three months ended September 30, 2009 of approximately $1.1 million, or $0.02 per share. The Company reported a change in its derivative warrant liability of approximately $4.3 million during the three months ended September 30, 2009. As adjusted to exclude the change in fair value of the derivative warrant liability, the Company would have incurred a net loss of approximately $3.1 million. Adjusted net income is a non-GAAP measure, which management believes facilitates a better understanding of the results of the Company's results of operation. Adjusted net income is reconciled to net income in the table presented later in this press release. During the three months ended September 30, 2008, the Company reported a net loss of approximately $0.1 million, or 0.01 per share.
Conference Call Information The Company will hold a conference call on Wednesday, November 18th, 2009 at 1:30pm Pacific time (4:30pm Eastern time) to discuss first fiscal quarter 2010 financial and operating results and provide an update on its business. David W. Brown, President & Chief Executive Officer, is scheduled to lead the call and will be joined by Carrie E. Carlander, Chief Financial Officer.
The conference call may be accessed by dialing (888) 525-6276 for domestic callers and entering the pass code 2970246. The webcast will be available live via the Internet by accessing the Investors section of LifeVantage's website at http://www.lifevantage.com/investor-profile.aspx. Replays of the webcast will be available on LifeVantage's website for 30 days and a phone replay will be available through November 23rd, 2009 by dialing (888) 203-1112 and entering the pass code 2970246.
About LifeVantage Corporation LifeVantage Corporation is a publicly traded (OTCBB: LFVN), science-based, nutraceutical company dedicated to helping people reach their health and wellness goals. Founded in 2003 and based in San Diego, CA, LifeVantage develops products, including Protandim(R), that are intended to deliver significant health benefits to consumers. For more information, visit www.LifeVantage.com.
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