SC Daily- GEFI Discusses Aggressive Acquisition Program
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%3D 3-17-11 Small Cap Daily by SmallCapVoice.com ————————————– Yesterday`s Top Performers ————————————– Company: Geo Finance Corporation (Pink Sheets: GEFI) End of day:
Price: 0.048 Change (%): + 0.0031 (6.90) Volume: 13,500 http://bit.ly/e9onG9 Geo Finance Corporation assesses business opportunities in all sectors of the energy industry to create cost effective energy projects. These include reviewing traditional processes of collecting fossil fuels to utilizing alternative energies such as solar power, wind power, energy saving pumping systems and geo exchange.
One such business model is to find opportunities to utilize innovative green technologies and alternative energies to improve the efficiencies and profitability of collecting fossil fuels. Where feasible, Geo Finance can also create finance and leasing programs to help address the initial capital costs for operators to collect fossil fuels or for developers to build alternative energy fields.
Read More >> http://www.smallcapvoice.com/gefi/
—————————- Hot Stocks To Watch —————————- Company: Forex International Trading (OTCBB: FXIT) End of day:
Price: 0.51 Change (%): – 0.02 (3.77) Volume: 50,000 http://bit.ly/hjcJfL Forex International Trading Corp. Announces Full Year 2010 Results for Triple 8 Limited Mar. 17, 2011 (Business Wire) Forex International Trading Corp. (the Company) (OTCBB:FXIT), a company principally engaged in offering via affiliates a web-based foreign currency trading platform to non US residents, professionals and retail clients, announced for the year ended December 31, 2010, revenues for Triple 8 Limited, (Triple), which is approximately 45% owned by the Company. Triples revenue increased $5,128,421 or 221% to $7,450,811, compared to $2,322,390 for the corresponding prior year. Adjusted Pro Forma EBITDA for the year was $1,008,038 an increase of $1,450,647 compared to a loss of $442,609, for the prior year.
Read More >> http://bit.ly/fVeCxt —————————————– SmallCapVoice Clients` News —————————————– Company: Image Metrics, Inc. (OTCQB: IMGX) http://bit.ly/gXovTM Bloomberg Interviews Image Metrics CEO about Recent Entry into Consumer Market Interview Video File Available on Bloomberg.com Mar. 17, 2011 (Business Wire) In a recent interview with Bloombergs Pimm Fox, leading provider of facial animation technology Image Metrics (OTC: IMGX) CEO Robert Gehorsam discussed the companys expansion into the consumer market with its acquisition of Big Stages premier platform for consumer avatar creation services.
Read More >> http://bit.ly/ibD2c9 ———————————————————————- Company: Geo Finance Corporation (Pink Sheets: GEFI) http://bit.ly/e9onG9 Geo Finance Corp CEO Interview With Position Media Group to Discuss New Business Model and What`s Ahead for 2011 and Beyond TORONTO, ONTARIO (Marketwire) 03/17/11 GEO Finance Corporation (PINK SHEETS:GEFI) announces today that it is posting an interview with J.M.. Arnold, its C.E.O., and Position Media Group discussing the history of the company and the change in its business plan to focus on acquisition of producing oil and gas within the Continental U.S.A. The timing of this change comes when the publics desire for domestic oil is at its highest level and getting stronger by the day. Using proven existing technology to extract oil and gas out of existing wells should dramatically improve recovery of hydrocarbons in a relatively short period of time.
Read More >> http://bit.ly/f13Ofe ——————————– Other Small Cap News ——————————– Company: Capital Gold Corporation (NYSE Amex: CGC) http://bit.ly/c4LsdZ Capital Gold Reaffirms Support for Gammon Transaction With an Increased Cash Component Announces Plan for Stockholder Vote NEW YORK, March 17, 2011 /PRNewswire/ — Capital Gold Corporation (Amex:CGC) acknowledges that, on March 15, 2011, Timmins Gold Corp. (“Timmins”) added $0.25 in cash to its unsolicited offer for Capital Gold Corp. (“Capital Gold”). Also on March 15, 2011, Gammon Gold Inc. (“Gammon”) announced that it was proposing to amend its merger agreement with Capital Gold to increase the cash component of the merger consideration to be paid to Capital Gold`s stockholders by $0.30, from $0.79 to $1.09. The Board of Directors of Capital Gold has considered both bids and unanimously reaffirms its support of the merger with Gammon, as increased.
Read More >> http://yhoo.it/eYvzsm —————————————————————————— Company: Capstone Turbine Corporation (Nasdaq: CPST) http://bit.ly/acePyR Capstone Turbine Corporation Secures Follow-on Order for Six C65s From Large Natural Gas Producer With Current Capstone Fleet Exceeding One Million Operating Hours CHATSWORTH, Calif., March 17, 2011 (GLOBE NEWSWIRE) — Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world`s leading clean technology manufacturer of microturbine energy systems, today announced it sold six additional C65s to a prominent natural-gas producer whose current fleet of 49 Capstone microturbines has exceeded 1 million run time hours.
Read More >> http://yhoo.it/i0CuHG ——————————————————————————- Company: Cavico Corp. (Nasdaq: CAVO) http://bit.ly/coWauT Cavico Schedules Final Breakthrough of Vietnam`s Longest Tunnel at A Luoi Hydropower Project Company Expects Project to Generate $53 Million in Total Revenues for Cavico HANOI, Vietnam, March 17, 2011 (GLOBE NEWSWIRE) — Cavico Corp. (Nasdaq:CAVO) (“Cavico” or the “Company”), a major infrastructure construction, infrastructure investment, and natural resources conglomerate based in Vietnam, today announced that its subsidiary, Cavico Bridge and Tunnel, has scheduled a third and final tunnel breakthrough at the A Luoi Hydropower project. The breakthrough is scheduled to take place during the second week of April 2011.
Read More >> http://yhoo.it/eq8yy4 ——————————————————————————– Company: Overland Storage, Inc. (Nasdaq: OVRL) http://bit.ly/fXYhUY Overland Storage Announces Oversubscribed Private Placement Financing Company Announces Placement of Approximately $15.4 Million of Equity Securities SAN DIEGO, CA–(Marketwire – 03/16/11) – Overland Storage, Inc. (NASDAQ:OVRL) has signed definitive agreements for a private placement of 8,722,904 shares of Common Stock of the Company and Warrants to purchase up to 3,838,069 shares of Common Stock for a gross purchase price of approximately $15.4 million on March 16, 2011. The purchase price for one share of Common Stock and a Warrant to purchase 0.44 shares of Common Stock is $1.765. The Warrants will have an exercise price of $1.71 per share, will expire March 21, 2016 and are exercisable in whole or in part, at any time prior to expiration.
Read More >> http://yhoo.it/gkTuGY —————————————————————————- Company: Kingold Jewelry, Inc. (Nasdaq: KGJI) http://bit.ly/eYBK9a Kingold Jewelry, Inc. Announces Preliminary 2010 Results Company Announces Extension of Form 10-K Filing WUHAN CITY, China, March 16, 2011 /PRNewswire-Asia-FirstCall/ — Kingold Jewelry, Inc. (“Kingold” or the “Company”) (Nasdaq:KGJI), one of China`s leading manufacturers and designers of 24-Karat gold jewelry and ornaments, today announced selected estimated unaudited financial results for the year ended December 31, 2010.
Read More >> http://yhoo.it/eYNVYM —————————————————————————————- Company: ChinaCast Education Corporation (Nasdaq GS: CAST) http://bit.ly/cPFuxr ChinaCast Education Authorizes $50 Million Share Repurchase Program BEIJING, March 16, 2011 /PRNewswire-Asia-FirstCall/ — ChinaCast Education (“ChinaCast,” “CAST” or the “Company”, Nasdaq GS: CAST), a leading for-profit, post-secondary education and e-learning services provider in China, today announced that its Board of Directors has approved the repurchase by the Company of up to $50 million of its common shares over the next 12 months.
Read More >> http://yhoo.it/dRjOC5 —————— MarketNews —————— By Lucia Mutikani: Reuters Inflation pressure bubbles, home building dives WASHINGTON (Reuters) – Producer prices surged in February at their fastest pace in 1-1/2 years, data showed on Wednesday, a day after the Federal Reserve said it had a watchful eye on inflation pressures it expects to subside..
In another reminder on Wednesday of headwinds facing the economy, the government said groundbreaking for new homes posted the biggest drop in 27 years in February and permits for future building reached a record low.
Economists said the jump in food and energy costs that drove the U.S. producer price index higher last month would likely steal from other spending and slow growth.
“I don`t believe that this is a general rise in prices across the board, it`s not the stuff of an inflationary spiral, but you are starting to have some pricing pressures,” said Brian Levitt, an economist at OppenheimerFunds in New York.
Read More >> http://yhoo.it/fu3DYB ————————————————————————– Reuters Jobless claims fall, 4-week average at 2-1/2 year low WASHINGTON (Reuters) – New U.S. claims for unemployment benefits fell as expected last week, with the four-week moving average dropping to its lowest level in more than 2-1/2 years, pointing to a strengthening labor market.
Initial claims for state unemployment benefits fell 16,000 to a seasonally adjusted 385,000, the Labor Department said.
Economists polled by Reuters had forecast claims falling to 387,000. The prior week`s figure was revised up to 401,000 from the previously reported 397,000.
The four-week moving average of unemployment claims — a better measure of underlying trends – dropped 7,000 to 386,250, the lowest since mid-July 2008 and staying below the 400,000 level for a third straight week.
Read More >> http://yhoo.it/fCCODC ————————————— Research and Commentary ————————————— Is Groupon Ruining Retailing http://yhoo.it/hm1aGK ——————– IMPORTANT DISCLAIMER ——————– You are receiving this e-mail because you either opted into to our mailing list at smallcapvoice.com or at one of our Money Show exhibits. opt out at any time by clicking on the Safe
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