Friday, August 10, 2007
Aug. 10, 2007 (M2 Communications Ltd. delivered by Newstex) --
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Chat real-time with other investors about this CPNE news release, by clicking this link:
http://www.stockwire.com/CPNE To view in-depth research, click the following link:
http://www.stockwire.com/detailed/analysis.php?company=CPNE COMMERCE PLANET (OTCBB: CPNE) 'Up 15.9% on Thursday'
Commerce Planet, Inc. (OTCBB: CPNE) is a publicly traded, internet based media company. The Company offers online media products, lead generation services and marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc and Interaccurate, Inc.
Each subsidiary specializes in a specific niche of the online media industry. Their combined services are designed to address all the needs of their client partners including: membership loyalty programs; direct response consumer marketing; affiliate list management; email deployment, live chat software based services, direct phone sales & customer service and printing & fulfillment services.
To find out more about Commerce Planet, Inc. (OTC Bulletin Board: CPNE), visit our website at www.commerceplanet.com. The Company's public financial information and filings can be viewed at www.sec.gov.
CPNE News:
August 9 - Commerce Planet's Educational Lead Generation Campaign Improves Monthly
Commerce Planet, Inc. (OTCBB: CPNE) announced recently that the Company's recently launched Educational Lead Generation campaign has achieved a more than sevenfold increase in revenue since the campaign's launch in April of 2007.
Commerce Planet expanded its new campaign to source and qualify prospective leads for a number of EDU and career-path based universities - a high growth sector. Utilizing the support of its recently expanded Costa Rican call center, the Company created additional capacity to better support this and other new campaign launches.
Since inception, the Company's Education Lead campaign has experienced a consistent rise in leads; starting from 462 in April, the number of leads has increased to 1,463 in May, 1,824 in June, and to a high of 3,497 in July.
'We are seeing positive traction in the Educational Lead campaign and look to add additional verticals under the same model. By further qualifying the online data, we are able to pass along higher quality data to our advertising partners,' stated Michael Hill, Chief Executive Officer of Commerce Planet. 'This improves the quality and the value per lead considerably when compared to traditional online lead generation programs. We believe that we have positioned ourselves well in the area of enhanced lead quality and this, in turn, will result in additional advertisers media spends.'
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Chat real-time with other investors about this ENEC news release, by clicking this link:
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http://www.stockwire.com/detailed/analysis.php?company=ENEC ENDEAVOR ENERGY CORP (OTCBB: ENEC) 'Up 15% on Thursday'
Endeavor Energy Corporation actively pursues oil and gas companies and properties around the world. Endeavor seeks to build a portfolio of high quality, low risk assets with high probability of return.
Endeavor Canada Corporation, a wholly owned subsidiary of Endeavor Energy is an oil and gas exploration and development company focusing its efforts in Western Canada.
ENEC News:
August 9 - Endeavor Options Deeper Rights Seismic Review on 1.1 Million Acres
Endeavor Energy Corporation (OTCBB: ENEC) is pleased to report its agreement with Pan Terra Resource Corp. and its 50% partner to obtain a 'Seismic Option' with respect to shallow gas potential covering approximately 1.1 million acres (gross) in Saskatchewan, Canada. The 'Company', together with Ranchmans Resources Ltd., successfully negotiated the 'Seismic Option' focused on the 'deeper rights' within the Saskatchewan land base.
The agreement calls for the 'Company' and Ranchmans to commit to a minimum expenditure of $500,000 on a seismic program prior to year end, at which time they may either elect to commit to shoot an additional $500,000 seismic program or drill a well at a location of their choice. Pan Terra and its partner will retain a 10% GORR on all of the deeper rights and have the option to participate in the drilling of any deeper test up to a maximum 20% working interest. All monies spent by the 'Company' and Ranchmans will go towards any yearly work commitments and then once having earned in the lands, will pay its share of the yearly rental fees. Earnings will be as per Saskatchewan Government license regulations in regards to depth drilled.
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http://www.stockwire.com/detailed/analysis.php?company=MDII MDI INC (NASD: MDII) 'Up 12.6% on Thursday'
MDI (Nasdaq:MDII) manufactures security technology solutions designed to protect people, facilities and assets. These solutions are unified by ONE Technology. ONE Technology unifies security point products, systems and subsystems into a common management platform. Far beyond the Integrated Security Management software promoted by industry competitors, ONE delivers an open architecture environment that adapts each individual application and device into its platform -- promoting global collaboration as ONE system. The MDI product family currently protects over 8 million alarm points across the globe for many of the world's most recognized organizations including Microsoft, MBNA Worldwide, John Deere, Pepsi, FBI, TSA, Fidelity Investments, Bureau of Engraving & Printing, American Express, Department of Defense, IRS, Disney, Smithsonian Institution, San Diego Unified School District and MIT to name a few. The company has received numerous industry awards for their security technology including Frost & Sullivan's Security System Technology Leadership Award and the Security Industry Association's Best Integrated Product Award for 2006. For more information on the company, its LearnSafe school safety and security initiative or its diversified line of security products and professional services, please visit www.mdisecure.com.
MDII News:
August 8 - MDI, Inc. to Acquire Building in San Antonio, Texas and Receive $2.6 Million
MDI, Inc. (NASD: MDII) recently announced that it has entered into an agreement with Ridgemont Investment Group, LLC ('Ridgemont') dated August 7, 2007 for the acquisition by Ridgemont of 5,306,122 MDI common shares which were previously to have been purchased by Stratis Authority, Inc.
The terms of the agreement between MDI and Ridgemont provide that at a closing, to take place by October 15, 2007, Ridgemont and MDI will exchange the following consideration:
1. Ridgemont will pay to MDI $2,600,000 in cash and MDI will deliver to Ridgemont 2,000,000 of the 5,306,122 registered shares; and
2. Ridgemont will deliver to MDI ownership of the property located at 10226 San Pedro, San Antonio, Texas and MDI in return will deliver 3,306,122 registered shares.
The shares have been registered with the SEC on Form S-3 which was declared effective on August 6, 2007.
J. Collier Sparks, CEO and President of MDI, stated, 'We have been working with Stratis and Ridgemont on reaching an agreement on the receipt by MDI of the $2.6 million purchase price for the 5.3 million shares originally sold to Stratis. Simultaneously, we have been working with Ridgemont and its principals on acquiring permanent office space in San Antonio to accommodate our expected growth requirements. The agreement we have put in place with Ridgemont accomplishes both of these objectives.'
'The original arrangement with Stratis required that it pay MDI $0.49 per share for the 5.3 million shares. Under the current deal with Ridgemont, 2 million shares are priced at $1.30 per share in cash, this is an $0.81 per share increase in price over what the original agreement with Stratis called for.
'In addition, under the new agreement, Ridgemont will sell to MDI 100% of the real property where our corporate offices are currently located. The property being purchased consists of a multi-story, 32,000 square foot building, where MDI currently occupies the top floor consisting of 16,000 feet, as well as two other buildings on the property, bringing the total footage to 50,000. The property is valued at approximately $9.5 million and is subject to a $5.5 million loan secured only by the property, with there being no personal liability to the maker of the note.
'Closing is subject to MDI assuming this loan and the parties concluding other agreements typical of a commercial real estate transaction. The agreement we reached with Ridgemont today replaces the one that we made on June 21 to acquire 50% of Data Rose Limited Partnership, the partnership that owns the offices we formerly occupied at 9725 Datapoint. That agreement has been terminated with no liability to either party.'
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http://www.stockwire.com/detailed/analysis.php?company=WLSN WILSONS LEATHER (NASD: WLSN) 'Up 12.1% on Thursday'
Wilsons Leather is the leading specialty retailer of leather outerwear, accessories and apparel in the United States. As of August 4, 2007, Wilsons Leather operated 411 stores located in 45 states, including 280 mall stores, 117 outlet stores and 14 airport stores.
WLSN News:
August 9 - Wilsons The Leather Experts Inc. Announces Appointment of Michael Sweeney as Chairman of the Board and Retention of Financo, Inc., Telsey Advisory Group and IDEO
Wilsons The Leather Experts Inc. (NASD: WLSN) recently announced the August 8, 2007 appointment by the Board of Michael T. Sweeney, Managing Partner of Goldner Hawn Private Equity, to the position of non-executive Chairman of the Board of Wilsons Leather. Mike Searles will continue to be Chief Executive Officer.
Mr. Sweeney said, 'Goldner Hawn invested in Wilsons Leather because we are excited about the Company's prospects, particularly with regard to our future in the women's accessories business. We believe that the Company's 411 stores across the United States uniquely position us for success. As Chairman, I look forward to working directly with the Company's leadership team in solidifying and implementing our strategy.'
The Company has retained Financo, Inc., an investment banking firm that specializes in advisory services to retailers and merchandising companies, Telsey Advisory Group, an independent research and consulting firm focused on the consumer sector, and IDEO, a design and innovation firm, as strategic advisors to assist Wilsons Leather as it pursues a future business strategy. As previously indicated, the Company expects that the future business strategy will build on one of its prior initiatives, which is to expand its accessories business. This expansion is expected to include accessories-only stores and may include the acquisition of an established accessories brand.
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Chat real-time with other investors about this IOTN news release, by clicking this link:
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http://www.stockwire.com/detailed/analysis.php?company=IOTN IONATRON INC (NASD: IOTN) 'Up 11.7% on Thursday'
Ionatron, Inc. is a solution provider that develops and markets Laser Guided Energy (LGE) and related products to defense and security customers for unique applications worldwide. Ionatron has significant expertise in the application of high-power lasers, optics and energy management technologies. Headquartered in Tucson, Arizona, Ionatron is focused on solving technology problems directly for its government, industry and security-conscious customers. For more information about Ionatron, please visit www.ionatron.com.
IOTN News:
August 9 - Ionatron, Inc., (NASD:IOTN) a Laser Guided Energy (LGE) Company developing next generation Directed Energy Weapons, recently reported financial results for the first quarter ended June 30, 2007. The Company hosted a live conference call Thursday, August 9, 2007, at 11:00 a.m. (Eastern Daylight Time).
Ionatron highlighted the following activities and accomplishments during the quarter:
* Awarded a sole source U.S. Navy contract for $9.8 million for further development of its Laser Guided Energy technologies. This contract funds significant advancement in our laser technologies, and the completion of an advanced Technology Demonstrator vehicle;
* Made continued progress in the engineering of the DESINS (Dual Effect Standoff IED Neutralization System), an advanced counter-IED system for future fielding on select U.S. Marine Corps vehicles. The company believes these and other related activities will lead to future contracts and the fielding of DESINS starting with the U.S. Marine Corps.;
* Established a new operating division, based in St. Louis, Missouri, to support development of LGE laser technologies; new military and aerospace applications for its ultrashort pulsed laser technologies; and the pursuit of other military and commercial laser opportunities;
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