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SSYH | Quote | Chart | News | PowerRating -- STOCK MARKETING INC PRESENTS : (PINKSHEETS: PGCX | Quote | Chart | News | PowerRating) PanGenex Corp., (PINKSHEETS: SSHS | Quote | Chart | News | PowerRating) Safeguard Security Holdings, Inc., (PINKSHEETS: EXPH | Quote | Chart | News | PowerRating) Expo Holdings, Inc., (OTCBB: GCHT | Quote | Chart | News | PowerRating) GC China Turbine Corp., (PINKSHEETS: BLAP | Quote | Chart | News | PowerRating) Blast Applications, Inc., (OTCBB: ARTS | Quote | Chart | News | PowerRating) Artfest International, Inc.
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(PINKSHEETS: PGCX - PanGenex Corp.)
LATEST NEWS!!
PanGenex Expands Clinical Trial Sites after Promising Pre-Clinical Data about Lower Coronary Arterial Calcium Scores in Cardiac Patients
TAMPA, Fla., Nov 18, 2009 -- PanGenex Corporation (Pink Sheets: PGCX | Quote | Chart | News | PowerRating) ("PanGenex" or "the Company") announced that due to promising pre-clinical results from its clinical trial at the Cardiovascular Institute of the South (http://www.cardio.com/site1.php), the Company will extend its trial to two additional sites.
The Company initiated a 100 patient, placebo based, double blind clinical trial at the CardioVascular Institute of the South. Early results with only a handful of patients have encouraged the Company to expand this trial.
The clinical trial involves a protocol to test its product Calci-CLEAR, a two part system designed to cleanse and remove calcium deposits from soft tissues such as veins and arteries. The study entails baseline coronary arterial calcium (CAC) scans, bone mineral density scans (DXA), and normal blood lipid and inflammatory markers. Under the protocol, patients are screened and then placed on the product for a period of 5 months. Following the study duration, follow up CAC, DXA, and lab tests are collected. Dr. Peter Fail, the principle investigator for the trial, indicated that one patient experienced a greater than 50% reduction in CAC score following the 5 months of the study.
The results are not statistically significant due to the few completed participants; however the outcome was significant enough to interest two prominent cardiologists and advisory board members to the Company to initiate trials at their respective clinics.
Steve Yakubov, Medical Director of the MidWest Cardiology Research Foundation and Dr. Mark Turco, Cardiovascular Consultants, PA are both preparing to initiate the clinical protocols at their sites.
"The data is slight, however, there is no other natural product available to my knowledge that has this significant of an effect on CAC scores...and to see these types of results is truly exciting." stated PanGenex Director Dr. Ronald Caputo.
About PanGenex Corporation: PanGenex is a publicly traded corporation (PINK SHEETS: PGCX.PK) and pursues business opportunities in the $70 billion 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 nutraceutical and topical over-the-counter (OTC) drugs and personal care products. Each product is scientifically formulated to address specific health conditions. Many of our products contain the purest grade of nutraceutical components available anywhere without a prescription. PanGenex markets products through healthcare practitioners, retail establishments and the internet on websites such as www.PanGenex.com, www.Calgenex.com
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(PINKSHEETS: SSHS - Safeguard Security Holdings, Inc.)
LATEST NEWS!!
Safeguard Business Unit Provides Services to Coldwell Banker
DALLAS, Nov 19, 2009 -- Safeguard Security Holdings, Inc. (PINK SHEETS: SSHS), a provider of corporate, industrial and residential security solutions, announces today that its operating subsidiary, SEARCHglobal, Inc., dba Premier Background Services (PBS), has entered into an agreement to provide tenant credit check services to Coldwell Banker's Park Cities, Dallas, Texas offices (www.CBDFW.com).
Laurie Foley, Director of Business Development for PBS (www.pbs-usa.com) stated, "We have signed on several new companies to PBS since we introduced our new web-based background screening products at the TPSA Trade Show and Convention in August of this year. However, Coldwell Banker is the first real estate venue signed on to date. I see a huge market for PBS with real estate management companies like Coldwell Banker, as we offer a 'tenant credit check' product, and we see this product in high demand for real estate companies managing leased and/or rental properties." Foley added, "The tenant credit check is instantaneous and gives a leasing agent an immediate tenant credit check history on each applicant queried. This is a huge advantage to a real estate brokerage/leasing agent to be able to know if an applicant can be approved on the spot." R. Michael Lagow, CEO for Safeguard, stated, "We are rolling out a new series of Lunch and Learn programs in the Dallas area beginning in January 2010. PBS will be targeting certain vertical markets, introducing its new web-based products, including criminal checks, credit checks and driving record checks. The programs are educational and informative. This product introduction method gives PBS direct access to large customers that benefit from using its 'insta-check' background screening technologies, thus resulting in PBS obtaining market share and increasing its monthly subscription sales. The PBS business unit is slated to bring revenue in excess of $2,500,000.00 annual with profit margins estimated at 50% or better. We are excited about PBS and its new leadership team and we will publically announce these appointments next week."
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(PINKSHEETS: EXPH - Expo Holdings, Inc.)
LATEST NEWS!!
Expo Holdings, Inc. to Create Private Entity
NORTH WILKESBORO, NC, Nov 19, 2009 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), intends to spin off its etc. (pronounced "etcetera") division into a privately held corporation.
It is the company's intention to spin off its etc. division into a privately held entity with the same shareholder base as the parent company Expo Holdings, Inc. It is expected that shares will be distributed on a 1 share in the private entity for each 10 shares held in Expo Holdings, Inc. at the record date. The shares are expected to be issued in the form of a dividend.
Certain key assets, including but not limited to certain intellectual property, operating capital, and material handling equipment would be transferred to the new entity.
The exact date of the spin off has yet to be finalized; however it is tentatively scheduled to occur on or about the first of January 2010. This allows shareholders ample time to review their investment in Expo Holdings, Inc.
James D. Brown, CEO, stated, "Long term, it is in the company's and its shareholders' best interest to create to two fully operational, high growth opportunity companies. Each company would have its own, focused growth strategy. Further, it is our intention to fully report all financial activity of the new company to its shareholders and follow guidelines that would generally be viewed as fully reporting including the use of fully audited financials." Glenn Harrs, current company President to be named CEO of the new entity.
Brown stated, "We are creating a new sales and marketing organization, which includes light manufacturing, but mostly outsources the manufacture of our intellectual property. Expo and its subsidiaries will be the primary manufacturing source; however, in certain retail situations where competition is keen, we will license our intellectual property to other companies/brands. We expect this new entity, within a reasonable time period, to be profitable, scaleable, and a prime candidate for future listing events." Shareholders are cautioned that this is a complex and difficult process. The record date may change based on completion of necessary legal tasks. Performance results should not be expected "overnight" and management views success, if any, to be expected in years, not days or months. Other than to report its financial standing to its shareholders, the new entity will most likely be completely "silent" for an extended period.
Additional information will be available at or before the company's December 2, 2009 shareholder meeting. The meeting will be held at the company's headquarters at 116 Shaver Street, North Wilkesboro, NC. 28659. The meeting will begin promptly at 3:00pm ET. All shareholders are warmly invited to attend. Contact Tammy at 336-667-8765 to make your appointment to attend. A press release will coincide with the shareholder meeting for those shareholders unable to attend.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, and Lowe's Companies. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
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(OTCBB: GCHT - GC China Turbine Corp.)
LATEST NEWS!!
GC China Turbine Corp. Looks to the Future With a Quarterly Overview of Recent Events
NEW YORK, NY, Nov 19, 2009 -- GC China Turbine Corp. (OTCBB: GCHT | Quote | Chart | News | PowerRating) (the "Company" or "GC China") a Chinese manufacturer of revolutionary twin blade wind turbines wishes to advise that pursuant to its regulatory public disclosure obligations, the Company has issued a quarterly financial report which has been duly filed with the Securities and Exchange Commission ("SEC'). GC China is further pleased to offer the following brief overview of significant corporate events to-date.
As of October 30, 2009 the Company executed a reverse acquisition via the close of a voluntary share exchange transaction (the "Exchange Agreement") by and among the Company and related parties collectively referred to as "GC Nordic Group" through the issuance of 32,383,808 shares of its common stock to the stockholders of GC Nordic Group for 100% ownership of GC Nordic Group. Immediately after the Exchange Transaction and notes conversion the Company had 52,570,015 shares of common stock issued and outstanding.
Leading up to the agreement, two rounds of financing took place, the 2nd of which was over-subscribed and ultimately resulted in a combined capital raise of US$ 19 million for the issuance of an aggregate total of 18,900,000 shares. Major participants included Asian-based venture capital firms New Margin Ventures and Ceyuan Ventures alongside investments principally from US-based Longboard Capital Advisors LLC. The Company is now the 100% owner of GC Nordic Group and, as a result, is laying a solid foundation towards becoming a leading manufacturer in the Chinese wind turbine power sector.
The wind power industry in China is booming. Government guidelines mandate that 30,000MW of wind power be installed by 2020. Moreover, the Chinese government has mandated that 70% of wind components be sourced domestically by 2010. In the past, imported wind turbines dominated the market, but this is changing rapidly as the growing market and clear policy direction have encouraged domestic production.
Currently, contracts that GC China is executing include Daqing Longjiang Wind Power Co., Ltd., Wuhan Kaidi Electric Engineering Co., Ltd., and Kelipu Wind Power Co., Ltd with installations presently underway at the Daqing location where units are already producing to the local electrical grid. Management has determined that the Company has the capability to produce an average of thirty (30) wind turbines per month. This production capacity allows the Company to fulfill its initial orders of 150 wind turbines, worth in excess of US$ 128 million within one year.
In recent news, the Company announced it has entered into a preliminary co-operational intent with the Yancheng regional government of Jiangsu province with the intent to develop a local manufacturing base from which to build large utility scale turbines for offshore and coastal wind farms use in the area. GC China aims to work with regional vendors and has also identified certain local suppliers as either merger or acquisition opportunities. Preliminary plans call for the development of several local offshore wind farms, each offering 500 megawatt (MW) capacity. Initial estimates by the Company place the value of potential orders for a project of this scale at approximately $US 732 million.
The Company further implemented plans to stimulate growth with the signing of an agreement to invest an initial US$ 1.75 million towards the establishment of a joint venture design and research institute under the direction of the highly regarded Mr. Tomas Lyrner, a noted wind power technology expert with over thirty years experience in the research, design, production and assembly of large scale wind turbines. He was directly involved in the design and development of the 1.0MW prototypes originally built and installed in Sweden under the auspices of a 10 year, US$ 75 million Royal Swedish Fund resulting in the turbine design currently offered by the Company. The focus of the institute will be for the development of twin blade, 2.3 - 3.0MW utility scale turbines designed to utilize the maximum number of Chinese manufactured components and constructed with specific variants targeting the needs of wind farm operators looking to exploit the offshore or extreme operating conditions prevalent in many regions of China.
Additional details regarding the Company and its agreements along with further information about the business, financial condition and management of GC China and related parties are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.
About GC China Turbine Corp. (OTCBB: GCHT | Quote | Chart | News | PowerRating) GC China is a leading manufacturer of state-of-the-art 2-bladed wind turbines based in Wuhan City of Hubei Province, China. The Company holds a license to manufacture a groundbreaking technology which meets rigorous requirements for low-cost and high reliability. The technology was developed through a 10 year European research project costing over US$ 75 million. GC China's launch product is a 1.0 megawatt ("MW") utility scale turbine with designs for a 2.3MW and 3.0MW utility scale turbine in development. The Company's initial efforts have been rewarded with contracts of approximately US$ 128 million to-date.
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(PINKSHEETS: BLAP - Blast Applications, Inc.)
LATEST NEWS!!
Blast Applications BLAP Launches Tweexchange.com
PLAINVIEW, N.Y., Nov 18, 2009 -- Blast Applications, Inc. (OTC: BLAP | Quote | Chart | News | PowerRating) announced today it has officially launched newly acquired and fully developed website, www.tweexchange.com.
Tweexchange.com is the fastest and easiest way to search Twitter Usernames and Internet Domain Names at the same time. Tweexchange.com also unveiled a new integration with GoDaddy, the world's largest domain name registrar. Through the Domain Name search, users can Backorder and Register Domains using GoDaddy. If a name is taken and is currently listed for sale on Sedo.com, members can also try to purchase names through the site using the Sedo API.
This is one of the first sites to launch with this functionality, to ease and reduce the time to action to secure the right name for branding purposes. With domain name investment an established industry, consumers can conveniently secure a Twitter ID to match. Cross-referencing Twitter and GoDaddy with Tweexchange.com also enables their members, for a fee, to be notified when Twitter Usernames and Internet domain names become available from being in a suspended state. Tweexchange.com provides Blast Applications with several different revenue streams contained within one site.
Dino Luzzi, CEO of Blast said, "When you think about Blast, our newest web portal, Tweexchange truly fits the bill. This one stop shop for users to acquire and reserve user names and domain names through two of the largest providers of branding elements on the web today, Twitter and GoDaddy is truly a blast." About Blast Applications, Inc.
Blast Applications, Inc. ("Blast") is a premier creator and developer of applications for iPhone(R), Twitter(R) and Facebook(R), that allows users to have more fun, be more productive and make social media sites easier to use and more intuitive than before. Social media sites are growing fast all around the globe. Blast Applications has a unique opportunity to monetize the web surfer's dedication to sites such as Twitter(R) and Facebook(R), and through direct advertising programs tied to the Company's tools and applications. For more information visit www.blastapplications.com.
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(OTCBB: ARTS - Artfest International, Inc.)
LATEST NEWS!!
Company Files Its 10Q With the SEC for the Third Quarter Ending September 30, 2009
DALLAS, TX, Nov 20, 2009 -- Artfest International, Inc. (OTCBB: ARTS | Quote | Chart | News | PowerRating) is pleased to announce that the Company has generated $896,404 in operating revenue in the third quarter ending September 30, 2009 as compared to $4,000 in operating revenue for the third quarter ending September 30, 2008, which is an increase of 22,310%. Artfest International, Inc. also reported net income of $7,397 for the third quarter ending September 30, 2009 versus a loss of $29,862 for the same period in 2008. The increase in operating revenue is due to the increased sales of art and sports memorabilia through the Company's wholly owned subsidiary, Charity Sports Distributor, as well as through events held at Artfest International's 52,000 square foot facility in Dallas, Texas, and direct sales activity through its Art Channel, Inc. and Art Channel Galleries, Inc. subsidiaries.
Artfest International reported total assets of $3,421,019 for the third quarter ending September 30, 2009 as compared to $537,445 for the third quarter ended September 30, 2008, which is a 536% increase. Based on Artfest's direct sales model, combined with the acquisition of CSD, Art Channel Galleries increased its sales due to the addition of sports and memorabilia territory right, which created sales to its new members during the third quarter. CSD, which accounted for nearly half of Artfest International's third quarter revenue, is a vertically integrated custom framing company that specializes in the design, production and distribution of authentic framed autographed sports and entertainment collectibles and art pieces. CSD's distribution avenues include business to business (B2B) and business to consumer (B2C) sales, charity fundraising auctions, professional and college sports teams' pro shops, e-stores, online auctions and a revolutionary in-game silent auction concept known as Home Game Auction.
The relationship with Artfest International has enabled CSD to expand its business model during the third quarter beyond its home game auction relationship with the 13 professional and college teams, with the signing of an agreement with Jump TV USA Holding Company to provide major college alumni player autographed memorabilia for Jump TV's online auctions. CSD recently solidified its partnership with NeuLion, (formerly Jump TV) to target the $1 Billion online sports auction market. CSD and NeuLion jointly host bi-weekly auctions for sports teams, which include The Ohio State University and The University of Georgia amongst others. During the third quarter, Artfest International also diversified its overall product line by signing an agreement with Nature's Sleep, Inc. and Mattress 4 You to distribute Nature's Sleep's Visco Memory Foam Mattress. The Company will assume the responsibility for the production of a Nature's Sleep Visco Memmory Foam mattress Infomercial.
"We are excited about the progress that Artfest International has made during the third quarter and we look forward to continuing to increase shareholder value through strengthening our relationships with both artists and sports teams in order to increase sales of our artwork and sports memorabilia," stated Edward Vakser, CEO of Artfest International, Inc.
Artfest International's Third Quarter 10-Q can be found at: www.sec.gov.
About Artfest International, Inc.
Artfest International, Inc. brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. (www.artchannel.tv), and Art Channel Galleries, Inc. (www.ArtChannelGalleries.com), offering the most exciting product and rewards program in the history of direct sales marketing.
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