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www.puntercalls.com » Sensex off highs


Bombay Stock Exchange’s Sensex was at 18071.45, up 20.67 points or 0.11 per cent. The index touched a high of 18140.15 and low of 18049.19 in trade so far.

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www.puntercalls.com » Indian equities ended Fridays session strong


Showing the way were realty stocks, with the BSE Realty Index gaining over 2 per cent. Lending support were consumer durables, banking, FMCG and oil & gas

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www.puntercalls.com » Benchmarks ended in the negative terrain


Bombay Stock Exchange’s Sensex ended at 18038.39, down 128.64 points or 0.71 per cent.

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EnviroXtract, Inc. Files Its Quarterly Financial Disclosure Statement for the Period Ending June 30, 2010


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

SOURCE: http://www.marketwatch.com/story/enviroxtract-inc-files-its-quarterly-financial-disclosure-statement-for-the-period-ending-june-30-2010-2010-08-13?reflink=MW_news_stmp

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Bexil Corporation Announces Second Quarter 2010 Financial Results


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

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Lecere Announces New, Permanent Corporate Website


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

SOURCE: http://www.marketwatch.com/story/lecere-announces-new-permanent-corporate-website-2010-08-12?reflink=MW_news_stmp

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Dynasty Limousine Inc. Completes Acquisition of Southeast Limousines Inc.


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.

SOURCE: http://www.marketwatch.com/story/dynasty-limousine-inc-completes-acquisition-of-southeast-limousines-inc-2010-08-12?reflink=MW_news_stmp

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Big Screen Entertainment Group to File Disclosure Statements


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

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www.puntercalls.com » Equities were witnessing profit booking on …


Bombay Stock Exchange’s Sensex was at 17982.13, down 88.06 points or 0.49 per cent. The index touched a high of 18009.40 and low of 17914.78. National Stock Exchange’s Nifty was at 5391.80, down 28.80 points or 0.53 per cent.

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www.puntercalls.com » Sensex pares losses


Bombay Stock Exchange’s Sensex was at 18094.79, up 24.60 points or 0.14 per cent.

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