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Year End Results for Power-Save Energy Company
2008-03-26 21:45:00
Today, Power -Save Energy Company (OTCBB: PWSV) announced its accounting for the period ending December 31, 2007. Power-Save Energy Company specializes in renewable energy and energy savings products. The SEC-filed financial results show total assets of $626,089, more than offseting the liabilities of $165,192. For the year that ended December 31, 2007, Power-Save shows revenue of $2.3 million, which is only partially negated by  read more in hotstocked.com
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Ariel Way Inc. (AWYI) Full Steam Ahead?
2008-03-26 21:15:00
Could it be the year of Ariel Way Inc. (AWYI) ? It might seem as the company today reported highest monthly revenue ever. Has Ariel Way Inc. (AWYI) found new ingredients that would reanimate the company? It was a Syrei AB, a wholly-owned subsidiary of Ariel Way that brought some fresh winds to Arial Way. All of $670,000 came from Syrei, a Sweden based telecom-consulting firm, beating the target revenue by 20%. It was the second highest ever monthly revenue for Syrei. read more in hotstocked.com
More About: Full , Steam , Ahead

ECOtality in the News
2008-03-26 09:37:00
ECOtality (OTCBB: ETLY) is a renewable energy company that acquires and develops clean electric technologies. The company's marked activity has been evident in its recent press releases. Following ECOtality's March 18 early morning press release on the competed integration of Minit-Charger line of battery fast charging systems, ECOtality stock, ETLY, rose from $0.19 at close on March 17 to $0.24 on March 24, an increase of 26 percent. read more in hotstocked.com
More About: News , In the News , The News

Say Hello to China Eastsea Business Software (LSE: CESG)
2008-03-26 00:01:00
March 18 will go into China Eastsea Business Software history, as the company opened doors to the London Stock Exchange. The company announced the successful admission to trading on AIM on 24 January 2008. Previously, the company was admitted to PLUS Markets. The company joined AIM at a mid price of 26.5p, valuing the company at £18.4m and no money was raised on admission to AIM. "We are very pleased with our successful admission to AIM. read more in hotstocked.com

Zyto Corp. (ZYTC.PK): Another Brick in the Wall?
2008-03-25 22:15:00
It is another hunt day of penny stock spammers here at HotStocked. Today, we've got Zyto Corp. (ZYTC.PK) under our magnifying glass... Zyto has published a few lines saying that the company is aware that illegal text messages have been sent to people promoting Zyto's stock (ZYTC). The company says it has been sent by unknown third party. "We are attempting to find the source of the messages and have them stopped. We apologize for any inconvenience this may have caused you," read more in hotstocked.com
More About: Wall , Brick , The wall

Open Energy Stock Ailing
2008-03-25 19:26:00
The stock of Open Energy Corp (OTCBB: OEGY) has fallen 43% since the last Hotstocked article on the company, so it's time to revisit Open Energy. The February 11th article titled "Open Energy Opens Up" began by pointing out the great performance of the stock that day and that week. Then the article took a bearish tone, pointing to the company's (then) large market cap, onerous cost of sales three times higher than revenue, and crushing loss of $11 million for a quarter. read more in hotstocked.com
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Ethanex Goes Belly Up
2008-03-25 18:17:00
In a SEC filing yesterday, Ethanex (OTCBB: EHTE) declared that it had ceased operations last Wednesday and expects to file for bankruptcy protection. The company has fired all but three employees - the three directors. Hotstocked.com last covered Ethanex on February 11, 2008, in the article, "Ethanex Agrees to Buy an Ethanol Plant (But Can It?)" . read more in hotstocked.com
More About: Belly

BioSolar Stock Down 51% from Year Start
2008-03-24 19:48:00
BioSolar (OTCBB: BSRC) stock has fallen 51 percent from the start of the year. Why? Let's take a closer look at the company. BioSolar endeavors to develop bioplastic materials using plant feedstocks. The idea is to reduce the cost of photovoltaic cell manufacturing by substituting bio-based plastics for the petroleum-based plastic solar cell components. BioSolar's most recent SEC-filed accounting is for the period that ended September 30, 2007. read more in hotstocked.com
More About: Stock , Start , Year

Stock Spammer Gets 10-Year Sentence
2008-03-21 22:19:00
Michael Saquella, a.k.a. Michael Paloma, a man, who committed securities and electronic mail frauds has been given ten years in federal prison. Paloma was also ordered to pay $7,806,303.58 in damages. In 2004, Mr Paloma, 47 and his other four colleagues hustled investors by convincing owners of 15 small corporations to turn over large chunks of those firms' penny stocks after promising that they could take the companies public. read more in hotstocked.com
More About: Stock , Spammer , Year , Sentence

FBI and Brazil Authorities Team up to Crack Down Fraud Gang
2008-03-21 20:11:00
It took three years for US authorities to tackle a gang which have made $50 million in money laundering. Two men of South Florida were brought with charges as they steered the fraud from Brazil . 18 people were arrested in Brazil, Doron Makumal, the alleged leader was also among arrested, according to the Department of Justice. read more in hotstocked.com
More About: Fraud , Gang , Team , Crack

Battle over Novera Energy
2008-03-21 19:36:00
Infinis, which is a British landfill gas company, and 3i Infrastructure Fund are embroiled in a takeover battle for control of Novera Energy (LSE: NVE). Novera is a renewable energy company in the UK, with projects in the areas of wind energy, landfill gas, and waste disposal. The timeline of events flowed as follows: On February 15, Novera announced "The board of directors (the "Board") of Novera Energy plc ("Novera" read more in hotstocked.com
More About: Battle

Essential Innovations: A Company in a Coma?
2008-03-21 17:31:00
Before the start of trading yesterday, Essential Innovations Technology Corp. (OTCBB: ESIV) announced its fiscal results for the last quarter. The stock closed yesterday a penny higher, which amounts to a 20% increase for this now $0.06 stock. The SEC-filed accounting for the period that ended January 31, 2008 shows cash of less than $22,000 and total assets less than $1.2 million, which is more than outweighed by the liabilities of more than $3.8 million, including more than $1. read more in hotstocked.com
More About: Company

Pricester's (PRCC) Spam Is Hanging Around
2008-03-21 00:30:00
If you're reading this, I bet you get loads of investment junk in your email box. I'm not quite sure if you received one about Pricester.com, Inc. (PRCC) , but others did get. Let's see what this company has been up to recently. Internet marketing and technology company had recently announced the launch of Copia World, an online international directory of retailers, targeting travelers and global-minded consumers. read more in hotstocked.com
More About: Spam

Alkane Energy
2008-03-20 23:28:00
Alkane Energy (LSE: ALK) closed today, March 20, down 1.6%, at 15.00p a share, despite fairly positive preliminary accounting results for 2007 released yesterday. About the preliminary results, Alkane Energy's CEO, Dr. Cameron Davies, said, "I am pleased to report good results from Alkane Energy with contracted income secure until March 2009. Our adjusted year-end PBT was £1,343,000 an underlying increase of 60% once non-recurring items have been stripped out." read more in hotstocked.com

eFoodSafety.com, Inc. (EFSF) Likes Its Spam
2008-03-20 22:52:00
Despite fruitful earnings report from eFoodSafety.com, Inc. (EFSF) just two days ago, hungry investors pushed the stock hard spreading spam emails around the world. HotStocked.com has the story. It was a fascinating year for developer of nutraceutical and whole food products as its year-over-year revenue growth of over 300%! 2007 will certainly go into the company's history as one of the most successful. read more in hotstocked.com
More About: Spam

Ethanol for a Dollar a Gallon?
2008-03-20 21:16:00
Alternative Energy Technology Center, Inc. (Pink Sheets: AETE) this week announced plans for $1 a gallon ethanol. Part of the company's press release reads: "The Alternative Energy Technology Center, Inc. announced its plans to produce ethanol for the U.S. market at less than $1 per gallon. AETE will refine biomass into fuel products using its exclusive technology. ... AETE ’ s process using common cellulosic biomass will produce ethanol for less than $1 per gallon." read more in hotstocked.com
More About: Ethanol , Dollar

Converting Waste to Hydrogen Fuel with Plasma
2008-03-19 23:02:00
Startech Environmental Corp (OTCBB: STHK) announced today that it will be partnered with Hydrogen Engine Center Inc. (OTCBB: HYEG) in a venture to convert waste to clean energy. The basic idea is that air is heated and ionized to become plasma, which is an effective conductor. A lightening-like arc of electricity can then produce temperatures three times hotter than the sun. This is hot enough to rip molecules into their constituent atoms. read more in hotstocked.com
More About: Plasma , Fuel , Waste

Is New Star Asset Management (NSAM.L) Still Shining?
2008-03-19 20:00:00
It was supposed to be the AIM-traded company. Nevertheless, today our attention has New Star Asset Management , which is actually traded on FTSE. Let's see what we've got here... Three days ago funds firm New Star Asset Management has rejected a takeover bid from money manager Aberdeen Asset Management. According to the Mail on Sunday newspaper's report, Aberdeen offered 200p per share for New Star, valuing the fund manager at around 470 million pounds. read more in hotstocked.com
More About: Shining

Visa Spikes 30 Percent on the Debut
2008-03-19 19:07:00
It was a very warm welcome for Visa Inc. (V), the credit card giant, in the New York Stock Exchange today as its shares surged more than 30%. On Tuesday, Visa raised $17.9 billion making the largest IPO in the U.S history as expected . Shares opened at $59.50, up 35 percent over the $44 per-share offer price, before rising as high as $60. In late morning trade they were still up $15.88 or 36 percent at $59.88 in busy trading. read more in hotstocked.com
More About: Debut

Newport Gold Inc. (NWPG): How Long Can It Stay?
2008-03-18 22:52:00
It was a day of Newport Gold Inc. (NWPG) stock as it drove higher. At the time of polishing up this article the stock sky-rocketed $0.10 arriving at a price of $0.16. Let's see what could have fuelled this soar. The last news from the company was back in February 19th. Newport Gold and TMBW International Resources (TMBW), announced then a joint venture arrangement wherein Newport Gold has agreed to acquire a 50% Interest in TMBW's project known as the "Mac Property." read more in hotstocked.com
More About: Long , Stay

Dark Clouds Hanging Over Sun River Energy, Inc. (SNRV)
2008-03-18 00:44:00
Dark clouds today were gathering over Sun River Energy , Inc. (SNRV) stock as it nosedived 55% hitting a low of $0.20 a share. Colorado-based oil and gas exploration company had a dreadful last quarter ending October 31, 2007. The company did not generate any revenues from its operating activities. In fact the company can't be even proud of its 2006 quarter which also ended up fruitless. read more in hotstocked.com
More About: Dark , Clouds

The Story of Jason Wynn
2008-03-17 22:10:00
He was supposed to be the boss of the one-stop online shop for private jet charters. But the dream of Jason Wynn went into shatters as his jet even hardly took-off. HotStocked.com has the story of Jason Wynn. Mr Wynn's idea was as simple as possible - to create an online innovator of private jet travel and charter . He launched a company called Connect-A-Jet Inc., which attracted a lot of attention. The stock hit $2. read more in hotstocked.com
More About: Story , The Story

Saving the Planet by Saving Energy: MicroPlanet
2008-03-17 17:47:00
Saving energy results in reducing greenhouse gas emissions from power plants. So it is not a reach to say that MicroPlanet Technology Corp (OTC:MCTYF, TSXV:MP), an energy conservation company, is helping save the planet. MicroPlanet announced last week that it it has received an order to install the company's systems to save energy and thus reduce greenhouse gas emissions. The systems will be installed at Kapalua Resort in Hawaii,  read more in hotstocked.com
More About: Energy , Saving , The Planet

Salamon Group
2008-03-17 12:28:00
In the footsteps of Nikola Tesla, Salamon Group (Pink Sheets: SLMU) endeavors to develop wireless power transmission systems. Certain kinds of wireless power transmission systems are of course widespread today, with microwave power transmission stations. However, on a small scale, like for a room or an office building, wireless power transmission systems have not been widely adopted today. It is into this void that Salamon Group wishes to enter. read more in hotstocked.com

How Bright is Brightec, Inc. (BRTE)?
2008-03-14 22:45:00
The shares of Bright ec, Inc. (BRTE) were shining in the market today, adding up $0.002 or 114.29% since its previous closing price. At the time of publishing this article the stock was trading at a price of $0.003 . Let's see, what could have fuelled such an increase? Brightec had a revenue of $2,153 for the three month period ended September 30, 2007 compared to $294 for the comparable three month periods of 2006. The difference is obvious, I think here. read more in hotstocked.com

Father and Daughter Swindles $70m out of 15,000 British Pensioners
2008-03-14 20:54:00
Paul Gunter and Zibiah Gunter - these are the names that will probably stay in the heads of some 15,000 British pensioners for a while. A father and a daughter have teamed up to trick $70m out of elderly British citizens. American and London police, who worked together on the investigation, believe that the Gunters used 54 companies and contacted the pensioners, urging them to buy shares in the groups using high-pressure sales techniques. The U.S. read more in hotstocked.com
More About: Father , Daughter

High Velocity Alternative Energy Stock Up 16%
2008-03-14 18:15:00
On news of a million dollar purchase order, High Velocity Alternative Energy stock (Pink Sheets: HVAG) rose 16% over the course of the last four days, closing today, Friday, March 14, at $1.45 a share. Over the same period, the NASDAQ CLEN (Clean Edge U.S.) Index of renewable energy stocks rose just 3%. Last Tuesday, March 11, High Velocity Alternative Energy announced that they have received a purchase order for up to a million dollars. read more in hotstocked.com
More About: Stock

IPO from an Italian Wind Energy Company
2008-03-13 23:53:00
Italian Vento Power Corporation, a wind energy company, is preparing to go public with an initial public offering, Forbes.com reported today. Forbes.com in turn got the news from the Radiocor news agency. The IPO has not yet received approval by the company's shareholders or the regulators. In 2006, the company had sales of 60m euros, according to the Radiocor news agency. The president of Italy's wind energy association happens to be the company's chairman, Oreste Vigorito. read more in hotstocked.com
More About: Company , Energy , Wind , Italian

Raven to Merge with Pure Energy
2008-03-13 22:26:00
Today, Raven Biofuels International Corporation (OTCBB: RVBF) announced an intended merger with Pure Energy Corporation of Paramus, New Jersey. The merged company would have the goal of addressing renewable energy needs, constructing cellulosic ethanol plants worldwide, and producing low cost fuel grade ethanol and derivative byproducts. Ethanol can be produced from agricultural waste, wood chips, and other cellulosic feedstocks. read more in hotstocked.com
More About: Merge

River Diamonds (RVD.L) Feels the Modern Gold Rush?
2008-03-13 21:21:00
Shares of the AIM-traded River Diamonds (RVD.L) mounted up, following an announcement that the company is ready to raise £4.7m through a placing to acquire the Vatukola Gold Mine in Fiji. River currently has a 19% stake in the mine through its 20% ownership Viso Gero International (VGI), which owns 94% of Vatukola's owner Westech Gold. River is planning to issue 77.8m shares at 6p each so it can acquire the remaining 80% of VGI. read more in hotstocked.com
More About: Modern , Rush