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IVOICE INCORPORATED (OTCBB: IVOI | news | PowerRating | PR Charts ) "Up 200.00% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/IVOI.php
iVoice, Inc., through its subsidiary Thomas Pharmaceuticals, Ltd., engages in the development and marketing of over the counter non-prescription healthcare products. It also involves in patent licensing. iVoice offers calcium-enriched, sugar free, and anti-gas antacid tablets targeted to travelers, executives, and baby boomers requiring antacid relief. The company, formerly known as Visual Telephone International, Inc., was incorporated in 1995. It changed its name to iVoice.com, Inc. in 1999 and to iVoice, Inc. in 2001. The company is headquartered in Matawan, New Jersey.
IVOI News:
May 14 - iVoice Redeems $4.8 Million in Secured Debenture Notes, Improves Balance Sheet
iVoice, Inc. (OTCBB: IVOI | news | PowerRating | PR Charts ) announced that it has redeemed $4,796,510.00 million in Secured Convertible Debenture Notes that were previously issued to Cornell Capital Partners, LP. After repayment, there is currently $1,250,000.00 million plus accrued interest outstanding.
"We believe the redemption eliminates expensive debt that had the potential to be dilutive to shareholders," said Jerry Mahoney, CEO of iVoice. "The repayment of this debt improves our balance sheet and reduces an overhang in our stock."
MAMMOTH ENERGY GROUP (OTC: MMTE | news | PowerRating | PR Charts ) "Up 125.00% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/MMTE.php
Mammoth Energy Group, Inc. is focused on developing shallow gas projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time. More information is available at www.mammothenergygroup.net.
MMTE News:
May 15 - Mammoth Energy Group Announces Intent to Sell Wells in Oklahoma
Mammoth Energy Group Inc. (OTC: MMTE | news | PowerRating | PR Charts ) announced that it is negotiating the sale of its interest in the Talala field of Oklahoma and exploring investment in other areas of Northeast Oklahoma for projects with both oil and gas potential.
President Joe V. Overcash indicated a decision will be made in the next week on the Talala field in Rogers County and expects to conclude a new agreement for both oil and gas interests in a new area of Oklahoma in the next two weeks.
"We believe our assets and resources may be more aggressively utilized with both oil and gas opportunities with little, if any additional risk," said Mr. Overcash, Mammoth's Chief Executive Officer.
LATITUDE INDUSTRIES INCORPORATED (OTC: LTDI | news | PowerRating | PR Charts ) "Up 71.43% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/LTDI.php
Latitude Industries, Inc. was founded by the Hernandez family in December of 1995 under Stealth Marine Inc.; the company built more than 30 boats between 1995 and 1998. In 1998, a joint venture between Midnight Express and Navigator Powerboats, a subsidiary of Latitude Industries, Inc., was founded to build the 39' and the 37' Wide Body Midnight Express. Since 1998 to the present, we have built more than 200 boats. This venture led to a government contract to build more than 40 Midnight Express 39' Center Consoles for the U.S. Customs and Homeland Security to patrol the coast of the United States, the Caribbean, and the Gulf of Mexico.
LTDI News:
May 14 - Latitude Industries, Inc. Exceeds $600,000.00 in Powerboat Sales Since January 1; Projects Total 2008 Revenues of $6 Million
Latitude Industries, Inc. (OTC: LTDI), a manufacturer of high-performance, center console powerboats, announced that it has recorded sales of approximately $600,000.00 since January 1, 2008.
"This is an increase of almost fifty percent from last year's sales during the same period. These sales have been generated from the Miami International Boat Show and Texas International Boat Show along with various marketing strategies that are currently being implemented throughout the nation," stated Jonathan Giner, Director of Marketing and Sales.
Latitude Industries will be presenting their Latitude 28ss and Latitude 35ss at the upcoming South Florida Boat Show, June 13th-16th, 2008, at the Miami Beach Convention Center.
Latitude CEO Carolina Hernandez said, "We feel the South Florida show will have a greater impact on the company's revenue than previous shows. The hottest boat-buying season is now upon us and Latitude is busting onto the scene full force. Having built 40 powerboats for the U.S. Homeland Security has not only given us a platform to showcase our boats, it has also established our credibility as one of the finest powerboat builders in the world. Powerboat enthusiasts are sitting up and taking notice that Latitude is a powerful force within the multi-billion dollar powerboating industry. Based on current orders and the demand that we're receiving from boat shows and favorable press like the Hot Boat Magazine feature, we are conservatively setting a projection of achieving $6 million in revenue for 2008."
AMERICAN CAPITAL PARTNERS LIMITED (OTC: APRJ | news | PowerRating | PR Charts ) "Up 30.77% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/APRJ.php
American Capital Partners Limited is a Business Development Company registered under the 1940 Act. It specializes in funding capital and business consulting to small start up private and private companies. It seeks to achieve high returns through its equity participation, the charging of management fees, and dividends.
APRJ News:
May 14 - American Capital Partners Limited, Inc. Updates Year-to-Date Financials
American Capital Partners Limited, Inc. (OTC: APRJ), a publicly held Business Development Company located in Florida, has recently updated its YTD financials and has posted them on www.pinksheets.com. ACP is preparing updated audited financials and is on schedule to finalize the IPower Applications acquisition. IPower has been working diligently on growing its user base with a continuing evolution of new software applications, and expanding on its core business of child and family online security protection.
American Capital believes it has created a selective investment strategy, based on certain proven criteria. By adhering to these principles, American Capital has built a solid, consistently performing string of investments. We assess each prospective investment for certain key criteria to determine if a company has achieved, or has the potential to achieve: market leadership, sustainable cash flow, significant operating history, management experience and commitment. American Capital Chairman and CEO, Frank Speight states, "As evidenced by a significantly strong showing on our updated Balance Sheet, our investment strategy is working effectively." One of American Capitals' recent capital investments and scheduled acquisitions is IPower Applications, Inc. "We are excited about the relationship with ACP and the continued growth of our business model, our acquisition by ACP will really put our company into a significant growth mode", comments President, Anthony Ranallo.
ABOUT IPOWER APPLICATIONS
IPower Applications, Inc. has created two symbiotic products that together create a platform to protect children aged from "Toddlers to Teens". The platform consists of two flagship applications KaZipster (www.kazipster.com) and Home POWWOW (www.doyoupowwow.com). KaZipster provides children, just beginning to use the Internet, a safe and fun experience whilst online and parents the ability to control and limit where their children can browse. Home POWWOW provides parents with a comprehensive online monitoring portal allowing a parent to monitor their children's Web, Instant Messaging/Chat and Social Network activity from any Internet enabled computer. Parents may setup alerts to be triggered on specific keywords and/or phrases for IM/Chat and Social Network monitoring as well as view all browsing activity taking place on the child's computer "as it happens". Alerts can be received on cell phones and through email keeping a parent up to date with any inappropriate activity occurring on any of their home computers. Both KaZipster and Home POWWOW were designed to "empower" parents to protect their children from online predators, classroom bullies, and other peer pressures that may take place by Instant Messaging and in Chat Rooms.
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