DrStockPick.com Stock Report!
Monday August 31, 2009
MediaG3, Inc. (http://www.mediag3.com) (PINKSHEETS: MDGC), a leading developer of broadband wireless products, today is pleased to announce the merger of the Company with Imperial Wireless, a wireless technology and service company based in Boise, Idaho.
W2 Energy Inc. (PINKSHEETS: WTWO), a developer of green energy, is pleased to announce that it has begun to take delivery of materials to begin construction of the Algae plant previously announced on August 13, 2009. The construction of the Algae plant is the first step in W2 Energy becoming vertically integrated. The Algae plant is expected to be completed and in full production by the end of 2009. W2 Energy currently markets its waste to energy plants to third parties, and now the company will use its own technology and equipment to produce diesel for resale. The Company is very confident that it can produce the algae-diesel at 1/3 of the cost of those companies making bio-diesel by using its technology and catalytic methods, rather than methanol, catalyst and heat.
KIT digital, Inc. (NASDAQ: KITD), a leading global provider of on-demand software solutions for managing and monetizing Internet Protocol (IP) based video assets, today announced it closed the sale of an additional 594,000 shares of common stock at the recent public offering price of $7.00 per share, pursuant to the 15% over-allotment option exercised in full by the underwriters in connection with its public offering that closed on August 13, 2009.
eFUEL EFN, Corp. (Pink Sheets:EFLN) is pleased to announce that the Marketing and Advertising campaign for FastandEasyID.com through Brighthouse Cable Networks to broadcast one thousand seven hundred thirty-eight (1,738) 15 second Commercials, over a four month period on the following Networks/shows: VH-1 Music Network Prime, VH-1 Music Network True Prime, FX True Prime, Comedy Central John Stewart, Oxygen Network, and the E Channel, will begin broadcasting August 31, 2009 on the channels and networks set forth above.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced Demetrios N. Skalkotos has been appointed Senior Vice President of Global Corporate Services. In his new role, Mr. Skalkotos will be responsible for all new product development, operations, customer relations and business development for the Global Corporate Services business. He will be based in New York and report to Bruce Aust, Executive Vice President, Global Corporate Client Group.
EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, today announced it has acquired FastScale Technology, Inc., a privately-held, Santa Clara, California-based provider of software platforms and solutions for next generation enterprise IT — adding a new dimension to the EMC Ionix portfolio to dramatically increase the performance and scalability of private cloud infrastructures. Designed from the ground up to accelerate the journey from physical to virtual to private cloud, with the addition of FastScale, the EMC Ionix portfolio will simplify end-to-end management and maximize the performance, density and efficiency of applications and software deployed on unified infrastructures. The transaction is not expected to have a material impact to revenue or EPS for the full 2009 fiscal year.
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