Findings of this study indicated that Foreign institutional investors had emerged as the most dominant investor group in the domestic stock market in India. Particularly, in the companies that constitute the Bombay stock market ….. The sensex , market capitalization of NSE, Turnover of BSE and NIFTY without market capitalizations were influenced by Foreign Institutional Investors
Excerpt from:
Investment From Abroad is Right or Wrong? | Business
EDMOND, Okla., Aug 13, 2010 (GlobeNewswire via COMTEX) — EnviroXtract, Inc. (Pink Sheets:EVXA) announces that it has filed its Quarterly Financial Disclosure Statement for the period ending June 30, 2010. EnviroXtract, Inc. remains a Pink Sheets Current Information status company and follows the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service.
About EnviroXtract, Inc.:
EnviroXtract, Inc. has acquired a license for an efficient technology intended to perform environmental remediation applications for oil spills and other toxic chemical remediation applications that require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing up to 99.9% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract plans to explore additional environmental remediation applications to enhance its business model.
Safe Harbor
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of EnviroXtract, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
This news release was distributed by GlobeNewswire, www.globenewswire.com
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.
PORTLAND, Ore., Aug 12, 2010 (GlobeNewswire via COMTEX) — Software startup Lecere Corporation (Pink Sheets:LCRE) (www.lecere.com) announced today that it has a new, permanent website at www.lecere.com .
Said Jim Morris, CEO of Lecere, “Take a look at our new, permanent website. This new website will eventually contain the Easy as 1-2-3 process for self-configuring by new restaurant customers. Easy as 1-2-3 should enable us to accelerate our customer and revenue growth throughout the fall of 2010.”
The Easy as 1-2-3 process will not be available until the end of August, but the framework is in place in the new website under “GET STARTED NOW!”. Once the Easy as 1-2-3 software support is completed, it will give Lecere the capability to move forward with online sales and configuration of the FIRMS software.
About Lecere(TM) Corporation
Lecere Corporation (Pink Sheets:LCRE) of Portland, Oregon develops and markets Lecere FIRMS(TM), an integrated, Web-based suite of interactive restaurant management software that runs on handheld wireless devices. FIRMS helps restaurants reduce their operational costs while enhancing their customers’ experiences for increased revenues and profits.
Lecere and FIRMS are trademarks of Lecere Corporation. All other legal marks are the property of their respective owners.
This news release was distributed by GlobeNewswire, www.globenewswire.com
JACKSONVILLE, FL, Aug 12, 2010 (MARKETWIRE via COMTEX) — Dynasty Limousine Inc. (PINKSHEETS: DNYS), a full service Luxury Transportation and Limousine firm covering the southeast United States, has completed the purchase and acquisition of a competitor located in Georgia. Dynasty purchased Southeast Limousine Inc., their vehicles, client base, and current book of business in an all cash transaction. This purchase will facilitate a greater presence for the Company in the Georgia market, and will offer the possibility of opening a third location in the area to service these clients more efficiently.
This is the first acquisition for Dynasty Limousine. There are currently other organizations that are available at attractive pricing, and it is the Company’s goal to expand and take advantage of these opportunities as they become available. Dynasty’s market share has increased during the recent economic downturn as the number of competitors has dropped by over 30% nationwide. The Company has increased revenues by 70% from 2006 to 2009, with Q1 and Q2 results from 2010 to be announced in the coming weeks.
About Dynasty Limousine Inc.
Dynasty Limousine is a full service Limousine and Transportation firm with offices in Jacksonville and Orange Park, Florida. The Company was founded in 1998 and currently operates a fleet of 15 Limousines, Luxury Sedans, and Limousine Buses with service areas primarily in the Florida and Georgia markets. The Company is a member of the National Limousine Association, and has a nationwide affiliate network to handle all domestic service requests. Dynasty currently has 16 employees, and is actively seeking acquisitions and expansion into additional markets.
Dynasty maintains an A+ accredited BBB rating, and was named a National top three finalist for “Limousine Operator of the Year” by LCT Magazine for both 2009 and 2010. Additional company information may be accessed via Dun and Bradstreet, Pinksheets.com, or by visiting the Investor Relations area located on our corporate websites. At the time of this release, the total number of shares issued and outstanding is 4,636,425.
Forward-Looking Statements
Forward-looking statements in this release are made pursuant to the “safe harbor” provisions of the private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts included in this release, are forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products and services, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party vendors, and other risks detailed in the Company’s prospectus and periodic reports filed with the Securities and Exchange Commission. Dynasty Limousine Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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.
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.
Findings of this study indicated that Foreign institutional investors had emerged as the most dominant investor group in the domestic stock market in India. Particularly, in the companies that constitute the Bombay stock market ….
Read the original post:
Investment From Abroad is Right or Wrong? | RoFx.Net
SPOOFEM.COM’s Hacker For Hire Service Booming With Spyware Installation Inquiries
ATLANTA, GA, Aug 09, 2010 (MARKETWIRE via COMTEX) — SPOOFEM.COM’s, (PINKSHEETS: SPFM) Hacker for Hire service received more inquiries about installing spyware or removing spyware on a spouses cell phone than any other service last week. Installing spyware on an individual’s cell phone or computer allows that person to monitor the activity of the other individual, including listening to live conversations, reading text messages, emails, as well as, the call log. Spyware on cell phones can be a benefit to parents attempting to supervise their children’s daily usage; however it is illegal to install any type of surveillance software/hardware on anyone’s cell phone or computer that they do not own.
“There is a high demand for companies that make anti-spyware for computers to start making anti-spyware for cell phones,” says Gregory Evans of SPOOFEM.COM.
According to HackerforHireUSA.com, the increase of purchasing spyware is on the rise. A couple statistics from Aladdin.com include; 15% of spyware threats send private information gathered from the end user currently logged on to the infected system, 25% percent of spyware sends information gathered from the victim’s operating system, including the computer (host) name, domain name, logs of all processes running in memory, installed programs, security applications, client’s internal IP address, and 69% of computers in homes with children under age 18 had spyware.
SPOOFEM.COM’s Hackers for Hire application is a service where Ethical Hackers will help solve almost any computer hacking, cyber extortion, cyber bullying, or cyber stalking problem, in addition to conduct background checks. The service benefits business professionals, security consultants, private investigators, law enforcement officials, as well as, the everyday consumer. Customers can also access the Hacker for Hire services at www.HackerForHireUSA.com, the CyberPI application available on the Iphone.
About SPOOFEM.COM SPOOFEM.COM, now a publicly traded company, began as a caller id spoofing service, but has now expanded to include several new functionality elements, features and services. SPOOFEM offers more free and powerful tools than any other identification spoofing service such as SPOOFTEXT and SPOOFMAIL. These services allow you to send anonymous text messages and emails.
For more information about SPOOFEM.COM visit www.SPOOFEM.com. For instant information about Spyware text “Hacker” to 90210 on your mobile device.
This press release was done in-house by a SPOOFEM.COM staff member. SPOOFEM.COM never has or will use a third party Investor Relations firms.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves 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 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.
TEMPE, Ariz., Aug 09, 2010 (BUSINESS WIRE) — Don Andrus, VirTra Systems’ COO and President (Pink Sheets:VTSI), today announced a record setting quarter for growth and profits. VirTra reported another set of record revenues with over 50% growth as compared to the same quarter in 2009.
The second quarter of 2010 was the highest revenue-generating quarter in the history of the company. Three of the last four quarters have generated an excess of $1.2 million each and VirTra is on track to achieve the highest revenue levels in the history of the company.
With six new and exceptional salespeople to concentrate on selling the highest quality firearm training simulation products in the industry, our quarterly sales of $1,520,211 is a 57% improvement over last year ($551,397 increase).
VirTra’s gross margins remain strong, which is critical for the infrastructure investments necessary to accommodate our continued growth. VirTra is moving into new headquarters to accommodate our growth, while continuing to deliver the highest quality products in the industry. By making efficient expenditures, VirTra’s quarterly gross margins improved from 60.2% to 69.4% from last quarter.
VirTra’s modest expense rate remains constant as the size of the company expands to support this continued growth. VirTra now has 29 full time, qualified, caring, and highly motivated associates working to ensure the company’s success. VirTra will continue to closely monitor overhead and remain within long range growth plans. For the quarter, the expense rate was 38.4% from 38.2% last quarter. Costs were kept well under control, while continuing to allow accelerated growth on the top line.
Ordinary income grew from $213,792 to $472,583 for a 121% increase from last quarter and net gain per share for the second quarter of 2010 was $.0024 compared to $.0021 per share in Q2 2009.
VirTra’s cash was $814,690 as of June 30, 2010 compared to $284,377 as of June 30, 2009. Also, Shareholder’s equity increased over $1,980,000 to $7.87 million at the end of Q2 2010 from $5.89 million as of June 30, 2009.
Don Andrus, COO and President of VirTra, said, “While becoming part of a company that continues to grow and dominate with each passing day is exciting, we are only motivated to work harder and get better. Our supporters and shareholders deserve the best and that means that our team must constantly improve.”
About VirTra Systems
The company produces the best-in-class firearm simulators for both law enforcement and military customers throughout the world. VirTra is the higher standard in simulation: from exceptional customer service to unparalleled technology like 360 degree HD training platforms and the Threat-Fire(TM) safe return fire system (patent pending). When training realism matters, military and law enforcement professionals consistently select VirTra’s simulators to help save lives.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered “forward-looking statements,” generally preceded by words such as “plans,” “expects,” “believes,” “anticipates,” or “intends.” We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. VirTra Systems urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.
PHOENIX, AZ and HONG KONG, Aug 06, 2010 (MARKETWIRE via COMTEX) — The Amergence Group (PINKSHEETS: AMNG), a company that focuses on the development, nurturing, and rapid expansion of selected emerging companies across a wide range of industries and disciplines, announced today its new vision called “Dividend Farming” — a methodology intended to more directly share the benefits of the company’s future acquisitions with its shareholders.
The Amergence Group (www.amergencegroup.com) attracts established and early growth businesses seeking to take advantage of resources not generally available to private companies through the public capital markets and provides them mission-critical capital, legal, accounting, and public relations resources. Amergence then acquires these companies and infuses them with the expertise and resources needed to transform them into their own unique, fully-reporting, publicly-traded, bulletin board companies. Following each spin out, Amergence uses its contacts and expertise to assist each company’s introduction into the public marketplace.
The primary goal of the new business development enterprise (”BDE”) is to coordinate services and activities intended to foster and promote a business environment capable of accelerating the growth of these chosen innovative companies. In exchange for its services, The Amergence Group accepts equity positions in each of these promising new companies which are then divided between Amergence and individual current Amergence shareholders following every spin-out.
Peter H. Jacobs, Amergence’s president says, “We call this concept ‘dividend farming,’ and I believe this bold new initiative will induce many of our shareholders to retain and grow their positions in Amergence because doing so will enable them to receive a portion of every company Amergence elects to ’spin out’ as each becomes its own fully reporting public company. Through our acquisition of these diverse companies, The Amergence Group believes it will generate a diverse interest in the Company from many different investment segments.”
With management expertise and offices around the globe, The Amergence Group is uniquely positioned to introduce these bold, edgy, or disruptive businesses to the world as each is spun out to become their own individual fully-reporting public companies.
ABOUT THE AMERGENCE GROUP
The Amergence Group’s (PINKSHEETS: AMNG) provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Company’s 8-year-old Tranzbyte division continues to focus on the development and marketing of its innovative group of optical media enhancement technologies worldwide such as FLASHAlbum, a technology which enables distributors of optic disc media (CDs and DVDs) to combine the best features of both on one USB flash drive.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company’s Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
