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Continan Communications, Inc. (OTCBB: CNTN | charts | news | PowerRating) Up 52.00% on Thursday
Detailed quote: http://beaconequityresearch.com/CNTN
October 18, 2007 - Continan Successfully Launches State-of-the-Art Native Language Services to European Travelers
Continan Communications, Inc. (OTCBB: CNTN), and its wholly owned subsidiary VocalEnvision, Inc. (V&V), announced that it has begun offering its mobile multiple assistance service to travelers in selected European countries.
The launch started with one of the major European telecom companies offering the service to its wireless-roaming customers within three countries. VocalEnvision, Inc. is deploying its MMS Multilingual Mobile Service in collaboration with the major network while simultaneously working through the final steps of the contract.
V&V delivers multiple assistance services in the traveler's language through their personal mobile phone. The V&V service features its proprietary search engine software Wikitouri; an innovative tool allowing a live, bi-lingual or tri-lingual, operator to provide real-time needed support and other travel-related services to all end users.
Services slated for development will include reservations for hotels, restaurants, local attractions and taxi as well as a myriad of value added services such as trendy shopping locations and hot tips, sport and cultural events like festivals, concerts and all other information for day and evening.
"Based on initial customer feedback, we have validated our ability to fulfill an important need for the travel market," says Continan CEO Claude Buchert. Clearly, there is a value to the international traveler for this type of service, as well as an opportunity to leverage our service offerings towards highly recognized national wireless operators. The fact that we are generating calls to our service platform is a milestone for our company and represents the beginning of a significant market opportunity in collaboration with selected Western European mobile operators," Buchert concludes.
Coates International, Ltd. (OTCBB: COTE | charts | news | PowerRating) Up 30.39% on Thursday
Detailed quote: http://beaconequityresearch.com/COTE
October 18, 2007 - Coates Completes Development
In a landmark achievement in the history of Coates International, Ltd. (OTCBB: COTE), George J. Coates, Chief Executive Officer announced the completion of the development of its natural gas powered Coates Spherical Rotary Valve (CSRV) engine for incorporation in electric power generators. We have now developed and tested the 855 C.I. Industrial six cylinder CSRV engine and are making plans to commence production shortly.
Equally important is the letter we transmitted to Well-to-Wire Energy (WWE) today confirming that arrangements are being made for Well-to-Wire to collect the third CSRV engine provided for in both our research and development and our licensing agreements. These agreements provide for up to a 90-day testing period in the field, immediately after which fulfillment of the first purchase order from WWE shall begin. WWE intends to deploy these engines for use in generating electrical power to operate equipment in oil fields throughout Canada. Results of the independent testing of the newly developed engines met or exceeded all of the specifications in our research and development and licensing agreements with WWE.
In addition, at that time, the Company will have satisfied all conditions for earning the balance of the fees pursuant to its research and development agreement amounting to $3.8 million and the balance of the fee provided for in the licensing agreement of $4.7 million. These events will also trigger the minimum annual quota under the licensing agreement, which requires that WWE purchase at least 120 engines per year in order to maintain exclusivity as the sole licensee for the territory of Canada.
The Company will now concentrate on its next missions in negotiating new license agreements and, of course, our production schedules.
Red Mile Entertainment, Inc. (OTCBB: RDML | charts | news | PowerRating) Up 28.38% on Thursday
Detailed quote: http://beaconequityresearch.com/RDML
October 18, 2007 - Red Mile Secures Key Talent for Sin City Game
Red Mile Entertainment, Inc. (OTC Bulletin Board: RDML), a worldwide developer and publisher of interactive entertainment software, today announced it has engaged acclaimed video-game industry writing and production talent to participate in the development of Red Mile's upcoming game based on multi-award-winning creator/writer/artist Frank Miller's Sin City graphic novels and comic books.
Accomplished game and animation veteran, Flint Dille, will spearhead the design, scriptwriting, story generation, and overall production of "Sin City: The Game" (working title). Dille has twenty years of game experience to his name, and has twice won "Story of the Year" for his work on The Chronicles of Riddick: Escape from Butcher Bay and on Dead to Rights. In addition to his solid game and animation credentials, Dille is also a close friend of Sin City creator, Frank Miller -- enough so that Miller named the storyteller in his epic 300 "Dilios." "Frank and I met during what I call our 'professional adolescence' when he was doing the Dark Knight and I was doing the Transformers cartoon series," says Dille, "and we've been great friends ever since." About the Sin City game, Dille adds, "Frank and I have been having a party coming up with nasty stuff for the game. In true Sin City fashion, some old characters will return, new characters will appear and -- without giving anything away -- probably die horribly. It's great to be working with the Red Mile team on this project: They clearly share Frank's and my commitment to bringing a new and true Sin City to interactive life."
Also participating in the game's development is Union Entertainment. Union's video-game producer credits include The Red Star and this year's breakout hit, The Darkness. Union generated the original Sin City concept document that first got Miller interested in adapting Sin City as a video game, and was central to setting up the Sin City project with Red Mile. "Sin City is one of a select few properties that everyone agrees is ideal for video games," said Union President, Richard Leibowitz, "and we're very proud to help make that happen."
"Flint and Union bring a deep and broad array of video game experience to Sin City and they'll be integral to Red Mile's creating a video game experience that delivers on gamers' and fans' expectations," said Chester Aldridge, CEO of Red Mile Entertainment.
InforMedix Holdings, Inc. (OTCBB: IFMX | charts | news | PowerRating) Up 26.09% on Thursday
Detailed quote: http://beaconequityresearch.com/IFMX
October 18, 2007 - InforMedix Partners with Eaton Apothecary of Greater Boston
InforMedix Holdings, Inc. (OTCBB: IFMX), developer of the Med-eMonitor(TM) System for medication adherence and disease management, has signed a distribution agreement with Boston-based Eaton Apothecary. According to the terms of the agreement, Eaton Apothecary will distribute the Med-eMonitor System in its pharmacies in Weston and Newton Massachusetts, as an initial step toward potentially expanding the distribution to more of its stores once proven successful.
InforMedix's Med-eMonitor System is an interactive "smart pillbox" for medication adherence, monitored by healthcare professionals at 24/7 call centers. In addition to storing medications and tracking patient adherence to their health plans, the Med-eMonitor provides healthcare professionals with real-time alerts when patients miss their meds or their health declines. InforMedix believes that the device promises to be especially helpful for members of the "sandwich generation," baby boomers negotiating the responsibilities of caring for elderly parents while raising young children.
With eighteen locations in the greater Boston area, Eaton Apothecary is a true neighborhood pharmacy, with everything customers need to stay healthy, including trusted, experienced pharmacists, and a full selection of health and beauty aids. In addition to being a traditional retail pharmacy, Eaton Apothecary specializes in niche pharmacy services including free delivery.
These pilot programs will include a special "Demo Day" event in each market, which will include giveaways, pharmacist consultations, and other enticements to capture the attention of local customers, educating them about the substantial benefits of the "best-in-class" Med-eMonitor medication adherence system.
"The Med-eMonitor System is a welcome addition to the line of products we stock," says John Lynch, Vice President of Eaton Apothecary. "Our goal is to provide solutions that legitimately promote better health and use of medications for our customers; the Med-eMonitor is an ideal fit for that philosophy. Immediately upon viewing the capabilities of the Med-eMonitor we knew it was meant for our stores."
Says Bruce A. Kehr, MD, CEO of InforMedix: "We are delighted to have reached this agreement with Eaton Apothecary. The Med-eMonitor System is a particularly strong fit for this pharmacy chain, for which medication adherence is a strong priority. We believe the device has the potential to drive member pharmacy profitability by attracting new customers to their stores while also empowering them to take better care of themselves and their loved ones by making 'Medication, Safe and Easy.'"
Strategic Resources, Ltd. (OTCBB: SGCR | charts | news | PowerRating) Up 26.32% on Thursday
Detailed quote: http://beaconequityresearch.com/SGCR
October 18, 2007 - Strategic Resources Commences Drilling Program at San Sebastian Uranium Mine in Argentina
Strategic Resources, Ltd. (OTC Bulletin Board: SGCR.OB - News) is pleased to announce the commencement of a drilling program following favorable results from surface sampling taken at its recently acquired San Sebastian Uranium Mine in Argentina (see press releases of April 12, May 12, and June 18, 2007). The drilling program will include an effort to confirm previously available data from the historic operations as well as to expand the areas of interest in establishing the existence of significant mineralization. Following the ongoing mapping, and permitting, drilling of in excess of 2,000 meters in multiple areas will be conducted to build upon the current knowledge of the San Sebastian mine, and evaluation work will also be conducted in the surrounding claims of the Company in order to delineate additional drill targets.
The four surface samples recently taken by Strategic's consulting geologists from areas of previous workings at the mine were assayed at the Argentine National Commission of Atomic Energy (C.N.E.A.), the official laboratory of the Argentine government, using ICP analysis. The four samples returned results of 0.165%, 0.150%, 0.148%, and 0.070% U3O8, respectively. The mine consists of over 70 hectares of historic mining rights in La Rioja Province in Northwestern Argentina, in close proximity with Strategic's 4,500- hectare Cuesta de Miranda and 6,000-hectare Cuesta de Miranda I claims. The property covers historic mining operations and prospective geology for additional production in uranium.
" We are excited to advance to the drilling stage at San Sebastian, and to be able to commence a drilling program at this time to help in the progress of our overall exploration work in the vicinity," said John Anderson, Chief Executive Officer of Strategic Resources. "We continue to be encouraged about the prospects for exploration and development of our projects, and look forward to steady progress during the rest of the year."
The San Sebastian Mine is located approximately 75 km west-northwest of La Rioja city via national highway 40. The main uranium host rock is a strongly altered, highly fractured and sheared quartzite/siltstone. Mineralization appears to follow high angle structures striking north-northwest and east-west. Alteration minerals include dark purple fluorite, barite, copper oxides, carnotite, quartz, iron, and manganese oxides. Radiometric survey of the various trenches, open slot cuts and shallow drifts produced gamma anomalies ranging between 2,000 to 8,000 cps with an average background of approximately 500 cps.
The San Sebastian Mine is located in proximity to other exploration properties currently being explored by other companies or in proximity to properties previously claimed by the Argentine National Commission of Atomic Energy (C.N.E.A.).
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