NEW YORK, NY, Aug 13, 2010 (MARKETWIRE via COMTEX) — Bexil Corporation (PINKSHEETS: BXLC) today reported its financial results for the second quarter ended June 30, 2010.

Bexil recorded a net loss of $351,136 or $0.35 per share for the three months ended June 30, 2010 compared to a net loss of $135,989 or $0.14 per share for the three months ended June 30, 2009. For the six months ended June 30, 2010, Bexil recorded a net loss of $522,003 or $0.52 per share compared to a net loss of $291,550 or $0.31 per share for the six months ended June 30, 2009.

The Company’s book value per share at June 30, 2010 (1,011,592 shares issued and outstanding) was $37.13. At June 30, 2010, Bexil had positive working capital of $36,632,245, total assets of $38,408,030, no long term debt, and shareholders’ equity of $37,555,940. The Company’s current source of income is from dividends earned from money market funds.

The Company’s unaudited balance sheet, statements of income, and statements of cash flows as of and for the second quarter as six months ended June 30, 2010 are appended to the copy of this press release on www.bexil.com.

Business Overview Bexil is currently operating to acquire and/or develop one or more businesses. There are no limits on the types of businesses or fields in which we may devote the Company’s assets. We have not agreed to acquire any business as of the date of this press release. We have no plans to dissolve and liquidate the Company.

Our acquisition parameters for a public company and private business are:

--  A proven track record with demonstrated earning power.
--  A seasoned business with solid customer relations.
--  Good return on equity, with little or no debt.
--  Solid management. Audited financials required.
--  Particularly interested in a "spin-off" from a larger company.

We generally are not interested in acquiring (but we may develop) start-ups, turnarounds, or high tech. We will sign a confidentiality agreement and will protect a broker’s sell agreement. If the seller quotes a price, we will respond promptly.

About Bexil Corporation Bexil is a holding company. To learn more about Bexil Corporation, including Rule 15c2-11 information, please visit www.bexil.com. Approximately 22% of Bexil’s shares are owned by Winmill & Co. Incorporated (WNMLA), which is engaged through subsidiaries in stock market and gold investing through its investment management of equity and gold mutual funds.

This release contains certain “forward looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Bexil Corporation, which may cause the Company’s actual results to be materially different from those expressed or implied by such statements. The forward looking statements made herein are only made as of the date of this release, and the Company undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.

The Company views book value per share, a non-GAAP financial measure, as an important indicator of financial performance. Presented in conjunction with other financial information, the combined presentation can enhance an investor’s understanding of the Company’s underlying financial condition and results from operations. The definition of book value as presented in this press release is shareholders’ equity divided by currently issued and outstanding shares.

SOURCE: http://www.marketwatch.com/story/bexil-corporation-announces-second-quarter-2010-financial-results-2010-08-13?reflink=MW_news_stmp

HOLLYWOOD, CA, Aug 11, 2010 (MARKETWIRE via COMTEX) — Big Screen Entertainment Group (PINKSHEETS: BSEG) will soon file both their completed 15c-211 Disclosure Statements and their three year consolidated financial statements

After months of preparation, Big Screen management has completed its filings and will become a fully reporting Pinksheet company. Quarterly financials will be posted on the company’s website as part of the new regulations set forth by Pinksheets.

Big Screen Entertainment Group has been very active in the last 12 months with its new distribution arm, a new film in post-production and the continued acquisition and development of new titles for its growing library.

“The company’s business model has grown from being solely a production company at its inception to a full-fledged distributor and sales agency,” said BSEG CEO Kimberley Kates. “We are also adjusting to the ever increasing demands for entertainment in various formats, and have branched out into the gaming industry by partnering with a well respected video game company in Michigan. Much of BSEG’s operations are being conducted in Michigan due to the beneficial Michigan Film Incentive of 40-42% rebate on film production and distribution costs.”

The Disclosure Statements will be filed within the next week.

www.bigscreenent.com

About BSEG:

Big Screen Entertainment Group is a full service entertainment company designed to develop, produce, purchase and distribute products in various media formats, including films, television, music, and video games. BSEG distributes numerous films in their library both internationally as a sales agency and domestically.

Forward-Looking Statements: A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as “could,” “plan,” “estimate,” “expect,” “intend,” “may,” “potential,” “should,” and similar expressions are forward-looking statements.

SOURCE: http://www.marketwatch.com/story/big-screen-entertainment-group-to-file-disclosure-statements-2010-08-11?reflink=MW_news_stmp

The stock markets, nevertheless, reacted positively to the monetary policy stance of the reserve bank, with the 30-share sensitive index ( Sensex ) of the Bombay Stock Exchange ( BSE ) rising 77.17 points, or 0.42 percent, …

See the article here:
India's central bank acts on rising prices, upbeat on growth …

Company Completes Submission for Higher Level Pink Sheets Listing in Pursuit of Fully-Reporting Status and Total Transparency

TROY, Mich., Jul 21, 2010 (GlobeNewswire via COMTEX) — Viper Networks, Inc. (Pink Sheets:VPER), an emerging global telecommunication network operations and technical management company, announces that it has recently posted two years of unaudited financial statements in accordance with U.S. GAAP standards, including the balance sheets and income statements for the Company’s previous fiscal years ended December 31, 2009 and December 31, 2008, respectively.

Additionally, the Company will be submitting all required documentation for an immediate upgrade to the next higher OTC Market Tier for Pink Sheets listed companies, which is assigned by meeting greater disclosure and compliance requirements from Pink OTC Markets. The Company anticipates reaching the next highest tier listing standard with full Current Information status, by completing all relevant financial filings or posting of Viper Networks’ last two fiscal quarters ended March 31 and June 30, respectively.

President of Viper Networks, Mr. Shouekani, commented, “There is time for all seasons, and our time has finally come as a rapidly growing, monthly reoccurring revenue company. The forthcoming posting of financials for our two previous quarters, should bring Viper Networks to Current Information status shortly thereafter. Most notably, the start of our third quarter began July 1st. As such, this quarterly report for the period ending September 30th will be the first quarter that revenues generated directly from the Company’s exclusive agreement with BSNL.”

Mr. Shouekani, concludes, “Reviewing the release of previous annual financial statements should be taken into proper context since 2009 was a major transition year for our Company. We are moving from wholesale operations with slightly lower margins to our India and other retail operations, which generate significantly higher margins. All shareholders and investors can expect an update on this lucrative division in the very near term.”

About Pink OTC Markets, Inc. (including: OTCQX, OTCQB and PINK SHEETS)

Pink OTC Markets (www.OTCMarkets.com), operator of the third largest U.S. equity trading venue, which includes the OTCQX and OTCQB higher market tiers for OTC-traded companies that can satisfy certain financial and disclosure listing standards and the Pink Sheets for all other OTC quoted securities. Pink OTC Markets offers access to all U.S. broker-dealers, enabling investors to trade these securities through institutional, online, or full service brokers.

For additional information, please visit www.vipernetworks.com.

Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition, the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: http://www.marketwatch.com/story/viper-networks-posts-financial-statements-for-last-two-fiscal-years-2010-07-21?reflink=MW_news_stmp

CAMARILLO, Calif., Jul 21, 2010 (BUSINESS WIRE) — Vitesse Semiconductor Corporation (Pink Sheets: VTSSD) will conduct a conference call on Monday, August 9, 2010 at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time to report third quarter fiscal year 2010 results.

To listen to the conference call via telephone, dial               877-683-1150         877-683-1150 (U.S. toll-free) or               706-634-1301         706-634-1301 (International) and provide the pass code 89665353. Participants should dial in at least 10 minutes prior to the start of the call. To listen via the Internet, the webcast can be accessed through the Vitesse corporate web site at www.vitesse.com.

The playback of the conference call will be available approximately two hours after the call concludes and will be accessible on the Vitesse corporate web site or by calling               800-642-1687         800-642-1687 (U.S. toll-free) or               706-645-9291         706-645-9291 (International) and entering the pass code 89665353. The audio replay will be available for seven days.

About Vitesse

Vitesse designs, develops and markets a diverse portfolio of high-performance, cost-competitive semiconductor solutions for Carrier and Enterprise networks worldwide. Engineering excellence and dedicated customer service distinguish Vitesse as an industry leader in high-performance Ethernet LAN, WAN, and RAN, Ethernet-over-SONET/SDH, Optical Transport, and best-in-class Signal Integrity and Physical Layer products for Ethernet, Fibre Channel, Serial Attached SCSI, InfiniBand(R), Video, and PCI Express applications. Additional Company and product information is available at www.vitesse.com.

Vitesse is a registered trademark in the United States and/or other jurisdictions of Vitesse Semiconductor Corporation. All other trademarks or registered trademarks mentioned herein are the property of their respective holders.

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements” as described by the Private Securities Litigation Reform Act of 1995 (as amended) that reflect the opinion of Vitesse Semiconductor Corporation and involve certain risks and uncertainties at the time of its release.

SOURCE: http://www.marketwatch.com/story/vitesse-third-quarter-fiscal-year-2010-earnings-call-on-august-9-2010-2010-07-21?reflink=MW_news_stmp

The 30-share sensitive index ( Sensex ) of the Bombay Stock Exchange ( BSE ) moved up 0.69 percent or 122.28 points to end at 17955.82 points Friday. The Sensex the week before had closed at 17833.54 points

More here:
Benchmark indices nudge up, foreign investors pump in $1.41 bn …

MusicMatrix Shows Screenshots as Part of Impressive Phase 1 for App

NEW YORK, NY, Jul 08, 2010 (MARKETWIRE via COMTEX) — Encounter Technologies, Inc. (PINKSHEETS: ENTI) is pleased to announce progress on phase 1 of its iPhone application development for the company’s cutting-edge interactive MusicMatrix.com.

CEO Rick Dibiase states, “It’s truly exciting to witness the app materialize. I think consumers will be impressed with the developments so far, especially in regards to evidence of a user-friendly interface which includes a hip, clean veneer in line with our target market and overall branding for MusicMatrix.”

“These first few screenshots should give consumers and shareholders a glimpse of what’s to come in this exciting app which acts as an on-the-go duplicate of the site itself, so users can feel free to interact on MusicMatrix while waiting in line at the store, laying out at the beach or hanging out with friends. It maximizes the site’s sharing capabilities and further integrates MusicMatrix into our target demographic which is growing increasingly reliant on iPhone applications as part of their everyday life, both professionally and for entertainment purposes,” states Dibiase.

The company is well underway with completion of phase 1 including upload of ‘Invite,’ ‘Community,’ ‘Upgrade,’ ‘Favorites’ and ‘Get Paid’ features, among others. Once completed, phase 2 will initiate to complete the app for launch, fully functional, with add-ons and expansions thereafter. Phase 2 will include abilities to edit videos, upload content, enhanced upgrades and member notifications. “The release should time well with the success of our national DISH ad campaign which has our Alexa ratings climbing the charts like a classic hit single,” notes Dibiase.

About MusicMatrix.com

On MusicMatrix.com, users are able to participate in music video editing competitions in order to win prizes and recognition. Encounter Technologies, Inc. (ENTI) has developed a cutting-edge, innovative and simple to use platform for MusicMatrix.com which facilitates the video uploading, editing, sharing and viewing experiences. By creating an environment which rewards both innovation and creativity, users are given the incentive to implement their own unique online marketing campaigns in order to expose a particular artist or song to populations and demographics not typically reached through standard mass campaigns.

About Encounter Technologies (ENTI)

Encounter Technologies, Inc. provides end-to-end technology and online marketing services, including design, build, hosting and online marketing support. We specialize in social media, video technology and online entertainment web solutions. Encounter Technologies, Inc. utilizes pre-built applications to provide the platforms in which to base solutions for businesses looking to utilize video technology to increase online collaboration and interaction. Our goal is to provide our clients with the best methods to increase user value and achieve desired business results. Simply put, Encounter Technologies, Inc. transforms ideas into revenues. For more information about Encounter Technologies, Inc. visit www.encountertech.com

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place under reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Encounter Technologies, Inc. under take no obligation to update such statements.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1302192 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1302193 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1302194

SOURCE: http://www.marketwatch.com/story/entis-musicmatrix-releases-mobile-matrix-phase-1-with-iphone-appshots-2010-07-08?reflink=MW_news_stmp

BETHESDA, MD–(Marketwire – 07/09/10) – AdvisorShares Investments, LLC, an investment adviser to actively managed Exchange Traded Funds (ETFs), announced today a partnership with Ranger Alternative Management, L.P. (Ranger Alternative Management), a Dallas based investment manager, to develop an actively managed ETF which implements a Short only All-Cap Domestic Equity investment strategy. The proposed ETF would join AdvisorShares’ growing stable of innovative actively managed ETFs which includes the Dent Tactical ETF (NYSE:DENT – News) and the Mars Hill Global Relative Value ETF (NYSE:GRV – News).

“Ranger Alternative Management has an excellent track record using their proprietary forensic accounting approach to identify domestic equity stocks that are expected to underperform,” said Noah Hamman, CEO and Founder of AdvisorShares. “We believe investment advisors are seeking the ability to hedge their long domestic equity exposure without worrying about compounding, derivatives or commodities.”

Scott Canon, President of Ranger Capital Group (Ranger Alternative Management’s parent company), said, “Current options to provide a true equity hedge for investment advisors are difficult to implement and maintain. Products currently available to investment advisors do not provide a true “buy and hold” option in applying a hedge to equity exposure. The opportunity to bring our team’s expertise, process and skill set to the investment advisor community is very exciting for us.

“At Ranger, we maintain an institutional quality platform to support our various asset management groups and affiliates. We believe that Ranger Alternative Management is poised to help market participants manage assets with transparency and liquidity in these difficult and volatile times.”

To request more information on AdvisorShares, please contact Noah Hamman at 202.684.6383 or nh@advisorshares.com.

About AdvisorShares
AdvisorShares is a turnkey platform for investment managers seeking to offer their investment strategy in an actively managed ETF. AdvisorShares works with some best-of-breed money managers to combine their money management expertise with the benefits the ETF structure provides. AdvisorShares provides sales, marketing and educational support to help financial advisors use AdvisorShares ETFs to help them achieve their clients’ investment goals and objectives. AdvisorShares is an innovator in actively managed ETFs and is dedicated to investor education. Fund.com (OTC.BB:FNDM – News) is the majority owner of AdvisorShares Investments, LLC. Visit our website at http://www.advisorshares.com to learn more about us.

About Ranger Alternative Management, L.P.
Ranger Alternative Management, L.P., is an investment management firm that implements a bottom-up, fundamental, research driven security selection process combined with top-down macroeconomic and technical analysis used to manage exposure and risk. The portfolio management team seeks short sale candidates which typically exhibit low earnings quality, aggressive accounting, poor corporate governance practices and other warning signs which often indicate an attempt to bolster short-term earnings per share and/or mask deteriorating operating conditions. In addition to these issues, the portfolio manager seeks earnings driven events to act as a catalyst, such as downwards earnings revisions or reduced forward guidance. Visit their website at www.rangeralternatives.com.

About Ranger Capital Group
Ranger Capital Group’s (Ranger) affiliated investment advisors: Ranger Advisors, Ranger Investment Management, Ranger International Management LP, Ranger Alternative Management and Ranger Fund Management offer investors a variety of traditional and alternative investment management products. Ranger provides full back office and operations support for its investment managers including investor relations, accounting and administration, legal and compliance, human resources and information technology. The firm’s operations and client service infrastructure enable Ranger investment managers to focus on important portfolio management decisions, security selection and risk management with minimal administrative interference. Visit their website at www.rangercap.com.

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund’s website at www.AdvisorShares.com. Please read the prospectus carefully before you invest.

Foreside Fund Services, LLC is the distributor of the AdvisorShares ETFs.

An investment in ETFs is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund’s prospectus and on each Fund’s webpage. Newly organized, actively managed Funds have no trading history and there can be no assurance that active trading markets will be developed or maintained. The Funds may not be suitable for all investors.

Source: http://finance.yahoo.com/news/AdvisorShares-Announces-iw-4195419694.html?x=0

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience energy saving solutions, announced today that the Company’s patented nanotechnology based Nansulate® thermal insulation and protective coating is being used by a Florida County to coat the metal handrails at municipal facilities to protect its citizens from contact burn injury caused by touching these metal surfaces which have been exposed to the intense summer sun.

“The customer has indicated that this initial application on the aluminum handrails at municipal buildings is likely to be expanded to include playground and park equipment,” states Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. “We anticipate this type of application expanding rapidly throughout US and abroad. A safety alert was issued by the U.S. Consumer Product Safety Commission (CPSC) regarding hot metal playground equipment in June 2009. The advisory states that playground equipment can reach 166 degrees in hot weather due to heat and sun exposure, high enough to cause serious contact burn injuries in a matter of seconds. There are many reported cases of metal surfaces in public facilities, including playgrounds and parks, reaching temperatures of 138 degrees Fahrenheit. Playground safety experts report that children can get burned within a few minutes on anything over 120 degrees and in a within a few seconds at temperatures of 140 degrees Fahrenheit or higher.”Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

About Industrial Nanotech
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council, the American Solar Energy Society, and an official ALLY organization with the U.S. Dept. of Energy “Save Energy Now” program. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide.

Source: http://www.nanotech-now.com/news.cgi?story_id=39054

TAMPA, FL, Jul 07, 2010 (MARKETWIRE via COMTEX) — Elysium Internet, Inc. DBA TheDirectory.com (PINKSHEETS: EYSM) today announced plans to create and integrate a new iPhone business/professional search application into version 2.0 of its local search engine www.TheDirectory.com. The Company is currently going through the approval process with Apple to make the new app available as a free download at www.iPhone.com.

Elysium CEO Scott Gallagher commented, “The ability to access local business information from a mobile phone is more and more becoming the new norm. With an estimated 21 million iPhone users currently in the marketplace, and millions more on the way, creating a new iPhone local search app for www.TheDirectory.com is the best way to quickly serve this high growth market and expand the reach of our rich content local search engine www.TheDirectory.com.”

In addition to the launch of the new iPhone local search application, version 2.0 of www.TheDirectory.com will expand its multi-language capabilities by adding French, Spanish, Portuguese and Italian languages. Version 2.0 of www.TheDirectory.com is scheduled to be launched in September of 2010.

About Elysium Internet, Inc.

Elysium Internet is an emerging leader in the local advertising, search and publishing space. The Company is building a direct navigation-based Internet advertising network anchored by its local business search engine TheDirectory.com. Elysium builds targeted professional directories over category killer Dot Com and Dot Net domain names such as www.TheDirectory.com, www.Podiatrists.com, www.Chiropractor.net, www.Psychiatrists.com, www.Pediatricians.com, www.Dietitians.net, www.Auditors.com, www.Therapists.net and others. For more information visit the Company web site www.ElysiumInternet.com. Review the Company’s filings with the Securities and Exchange Commission at http://www.SEC.gov

Forward-Looking Statements

Certain statements contained herein are “forward-looking” statements (as defined — Private Securities Litigation Reform Act of 1995). Elysium Internet, Inc. cautions that the statements made in this press release constitute forward-looking statements and not guarantees of future performance, and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.

SOURCE: http://www.marketwatch.com/story/thedirectorycom-announces-plans-to-integrate-a-new-iphone-local-business-search-app-and-4-additional-language-variations-with-launch-of-version-20-2010-07-07?reflink=MW_news_stmp