Archive for the ‘Client News’ Category

Jul. 15, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB: TOOT) announced that sales for June 2010 were up 16%, versus June 2009.

“We have experienced solid monthly increases for nine months in a row. I continue to be very pleased with the way sales are trending across all our selling channels,” said Don Merrill, President & CEO, “and our newest pie innovation, ‘Pie on a Stick,’ is creating quite a lot of buzz at our Tootie Pie Gourmet Cafés!”

Merrill added that he is seeing “true sales and marketing integration, extending through all of our selling channels” for the first time in the Company’s history.

“We are getting a tremendous response from our recent press releases,” added Merrill. “We will continue to set our sights on high profile customers and partnerships.”

About Tootie Pie Co.

Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafés, in-store sales, orders via telephone and internet on the Company’s website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the NASDAQ OTC market under the symbol “TOOT.” For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.

Forward-Looking Statements

This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” and “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s filings, which are on file with the U.S. Securities and Exchange Commission (SEC).

Source: Business Wire (July 15, 2010 – 9:29 AM EDT)

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More Tootie Pie Company (OTCBB: TOOT) News

• Kraft partners with Tootie Pie | Chicago Breaking Business – Tootie Pie Co. Inc. announced that it has entered into a partnership with Kraft Foods for the upcoming holiday season. The two companies will co-market Tootie.

• SC Daily- Tootie Pie Company Sales Up 16% for June | Hot Stock Picks – I continue to be very pleased with the way sales are trending across all our selling channels, said Don Merrill, President & CEO, and our newest pie innovation, Pie on a Stick, is creating quite a lot of buzz at our Tootie Pie Gourmet …

There has been a storm brewing for several weeks in the world of big business and high finance, and it appears to be coming to a head today. It was highlighted this morning on CNBC’s early broadcast. Mere rumors related to the story caused one stock to move up more than 6%, twice as much as yesterdays’ rally in the S&P 500. One morning talk show devoted three hours to discussing issues around the topic. Was it, today’s Jobless Claims report? The 10 year Treasury note trading at or below a 3% yield? The Euro bank stress test? Nope. The world is standing still waiting to find out where LeBron James will play basketball next year.

While the sports and mainstream media have covered the story to ad nauseam the business implications are pretty significant and fun to consider from a systems theory perspective. As mentioned previously, just yesterday shares of Madison Square Garden (MSG:Nasdaq), owners of the New York Knicks, rose 6.41% or $1.30. The speculation began when it was announced that James’ Thursday prime time news conference would take place in Greenwich, Connecticut, just up the road from the city.  The front-runners for his services appear to be Miami, Chicago, New York, New Jersey, and his current team and hometown, Cleveland.

Make no mistake, if he chooses to jump ship and join a new team, the wheels of commerce will turn a little quicker from Beaverton, Oregon to the Far East. Like most superstar athletes, James has a lucrative deal with Nike (NKE:NYSE), which will issue a new ‘King James’ shoe regardless of where he plays next year. Look for the ‘South Beach Slam-A-Jamma’ high top if he chooses Miami or the ‘Second Coming’ Velcro style if he ends up in Chicago. Of course the ‘There’s no place like home’ old school Chuck Taylor’s are a possibility as well. Who knows where he’ll land, but the one thing you can count on is Nike capitalizing on the opportunity.

A new team also equals millions of jerseys designed, manufactured, and sold from giant retailers to kiosks in every mall across America. Hats, bumper stickers, trading cards, license plate frames, posters, and of course those life size Fathead wall displays.

If James stays in Cleveland it will be a win for loyalty and for a town that desperately needs hero’s, sports or otherwise. If he leaves it will mean new opportunities and jobs. Make no mistake about it, this is big business.

Today’s Markets

U.S. stocks are higher in early trading for the third straight day, on jobless claims and retail news. The Standard & Poor’s 500 index rose 4 points to 1,064, while the Nasdaq composite index rose 8 points to 2,167.

The Labor Department said initial claims for jobless benefits declined by 21,000 to 454,000 in the week ended July 3. Economists had expected claims would fall by 12,000. That last time claims dropped by so much was in mid-April. June chain-store sales were mixed but not weak enough to scare off investors, with half the stores that have reported beating Street estimates and the other half missing.

The European Central Bank announced it would hold interest rates steady. The Bank of England also left key rates unchanged at its monthly meeting. The euro, which was boosted Wednesday after the ECB released details about planned stress tests for 91 European banks, was recently trading at $1.2673, up from $1.2642 late Wednesday in New York.

Demand for Treasuries was mixed, with the two-year note flat and the 10-year note down to push yield up to 3.01%. Crude-oil futures rose to nearly $75 a barrel, while gold futures declined.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
GoldSpring Inc.	GSPG	1.20		1.1931	17,291.30%	1.25	1.25	1.20	320
Vibe Records Inc.	VBRE	0.08		0.03	60.00%	0.08	0.08	0.08	200
R.G. Global Lifest	RGBL	0.054		0.0285	111.76%	0.039	0.054	0.037	306.84 k
Brightec Inc.	BRTE	0.018		0.006	50.00%	0.0111	0.018	0.0111	20 k
Allied Security In	ADSV	0.0003		0.0001	50.00%	0.0003	0.0003	0.0003	100 k
China Forestry inc.	CHFY	0.01		0.003	42.86%	0.005	0.01	0.005	55 k
Pacific Sands Inc.	PFSD	0.09		0.025	38.46%	0.09	0.09	0.09	15 k
IA Global Inc.	IAGI	0.015		0.004	36.36%	0.015	0.015	0.015	926 k
Marine Exploration	MEXP	0.0016		0.0004	33.33%	0.0016	0.0016	0.0016	220 k
China Digital Medi	CDGT	0.20		0.05	33.33%	0.20	0.20	0.20	100

Thursday’s Newsmakers:

Tootie Pie Partners with Kraft Foods

Jul. 8, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced that it has entered into a partnership with Kraft Foods for the upcoming holiday season. The two companies will co-market Tootie Pie with Kraft’s Cool Whip.

“There is probably no more recognizable, high-quality food brand than Kraft Foods,” said Don Merrill, President & CEO. “We are proud and excited that Kraft recognizes the value of having its Cool Whip product featured alongside Tootie Pie.”

Terms of the deal were not disclosed as of this date; however, the deal was made possible through a mutual agreement in partnership with HEB Grocery Stores, according to Tootie Pie Company.

“Experience tells us that more in-store pie tastings result in significantly more Tootie Pie sales. Once customers taste Tootie Pie, they are hooked,” explained Merrill. “HEB wants to grow Tootie Pie sales dramatically and brought Kraft to the table in a three-way partnership that will drive consumers to the frozen food section during peak times of the year!”

About Kraft Foods

Kraft Foods Inc., together with its subsidiaries, manufactures and markets snacks, confectionery, and quick meal products worldwide, is the second largest food company with annual revenues of $48 billion. Millions of times a day, in more than 160 countries, consumers reach for their favorite Kraft Foods brands. Kraft brands are present in more than 99% of households. The company sells its products to supermarket chains, wholesalers, super centers, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets.

About HEB Grocery

Based in San Antonio, Texas, HEB is one of the largest independent grocery chains in the United States. With hundreds of stores in more than 150 communities in Texas, HEB serves millions of customers in Texas and Mexico.

About Tootie Pie Co.

Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafés, in-store sales, orders via telephone and internet on the Company’s website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the NASDAQ OTC market under the symbol “TOOT.” For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.

Forward-Looking Statements

This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” and “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s filings, which are on file with the U.S. Securities and Exchange Commission (SEC).

Source: Business Wire (July 8, 2010 – 9:30 AM EDT)
News by QuoteMedia

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. XIR is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Ralph Sharp
rsharp@expressir.com

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More About Small Cap Stocks

• 7-8-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks extended a rally into a third day as investors welcome a report that first-time jobless claims fell more than expected last week …

• Stocks Move Higher Amid Better-than-Expected Jobless Claims Report … -Stocks extended a rally into a third day as investors welcome a report that first-time jobless claims fell more than expected last week …

• Beauty Holding Investing in Models – Each week, 5-10 companies write me to ask if I would review their site. 99% of the time, I take a quick and little that I would like to feature as a story. This past weekend, one company put themselves in that 1% with an interesting idea – selling shares of model’s future earnings.

The lead story in the New York Times, The Washington Post, and the Dallas Morning News today is the Labor Department Employment report of a net loss of 125,000 jobs in the month. That was due primarily to the loss of 225,000 temporary census jobs that had swelled payrolls by 433,000 net jobs in May. Business hiring was a dismal 83,000. State and local governments cut 10,000 jobs in the month. Overall, that means a loss in jobs in the latest reports. So the national unemployment rate holds steady just south of 10%.  While U6, the nations broadest measure of employment reached a staggering 16%.

I bet if you asked the average American who’s really good at creating jobs not one in ten would say the federal government. In a normal scenario, the expansion of government through job creation creates a few unintended consequences, namely, more bureaucracy, less efficiency, higher taxes. While these are tough economic times, this latest attempt at federal job creation is embarrassing. The so-called shovel-ready projects were supposed to remind us of FDR’s Works Projects Administration, and the cornerstone of his three R’s: relief, recovery, and reform. Well they just don’t make politicians like they used to. Both parties version of the three R’s is better described as reckless, rattled, and ridiculous.

You know who’s good at creating jobs? Small companies on the cutting edge of technology, product creation, and process improvement. If the federal government had the foggiest notion on what they were doing, they would remove all barriers for small businesses. From relaxed regulations on research and development to reduction or even suspension of taxation, anything that gives small companies a competitive advantage is good for our long term economic growth. Don’t forget Dell Computers was started in a college students’ apartment in Austin, Texas and Apple was started by a couple of hippies’ in their parents’ garage in California. And today’s newsmaker below Tootie Pie which develops, produces, and markets high end dessert products to retailers and restaurants. They’ve creates 25 jobs and will add more this fall.

Give me one example of that kind of job creation by the federal government in the last 40 years. Time’s up. No, really. Time’s up.

Today’s Markets

Stocks are lower once again, capping a bad week, as disappointing jobs data fueled worries about a second half slowdown in the economy.

Ahead of the July 4th holiday weekend, investors added to the weeks’ losses. Stocks have been hit hard this week, ending the second quarter and starting the third on concerns about the sustainability of the global recovery.

Slipping for its seventh consecutive session, all major indexes are lower. The Dow Jones Industrial average is down -70.57 to 9661.96. The Nasdaq is down -14.22 to 2087.14.

The government’s monthly jobs data sent mixed messages on the labor market. The jobless rate edged down to 9.5% in June from 9.7% the previous month, better than the increase to 9.8% economists were expected. However, the decline in the unemployment rate appeared to be skewed because in June, the civilian labor force participation rate fell 0.3 percentage point to 64.7%.

Meanwhile, nonfarm payrolls fell by 125,000 last month, with only 83,000 private-sector jobs added. Economists were expecting payrolls to drop by a more modest 110,000 in June. Nevertheless, the drop in nonfarm payrolls was smaller than many investors had feared.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
U.S. Aerospace Inc.	USAE	0.21		0.09	75.00%	0.0999	0.229	0.0999	549.37 k
C T I Group Inc	CTIG	0.08		0.035	77.78%	0.08	0.08	0.08	400
Phoenix Energy Res	PNXED	0.035		0.015	75.00%	0.035	0.035	0.035	4.17 k
BioSolutions Corp.	BISU	0.11		0.04	57.14%	0.07	0.11	0.07	4.65 k
First Physicians C	FPCG	0.35		0.12	52.17%	0.35	0.35	0.35	5 k
Wellstar Internati	WLSI	0.0003		0.0001	50.00%	0.0002	0.0003	0.0002	751.35 k
NWT Uranium Corp.	NWURF	0.1767		0.0567	47.25%	0.1741	0.1791	0.1741	9 k
TX Holdings Inc.	TXHG	0.05		0.015	42.86%	0.05	0.05	0.05	360
Bella Viaggio Inc.	BVIG	0.70		0.19	37.25%	0.45	0.75	0.45	26 k
Optimized Transpor	OPTZ	0.05		0.013	35.14%	0.0401	0.05	0.0401	156.09 k

Friday’s Newsmakers:

Tootie Pie Company Reports Over a $1 Million Gross Profit

Jul. 2, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced a gross profit of $1,078,349 and annual revenues of $1,686,109, for fiscal year ending March, 2010, reflecting increases in both areas from the 2009 fiscal year.

“We’re pleased to report an improvement in cash flow of $667,369, resulting primarily from an 82% reduction in cash used for operating activities,” said Don L. Merrill, Jr. President & CEO. Merrill attributed the reduced cash flow loss of only $148,037 to “cost saving measures adopted by our management team to address the U.S. Economic downturn.”

“The Company has demonstrated the ability to significantly reduce operating expenses while still maintaining our sales levels, thereby bringing Tootie Pie Company very close to cash flow break even,” added Merrill.

In addition, the Company was able to acquire and roll out its first two Tootie Pie Gourmet Cafés during this same period. “I think its clear we accomplished a great deal during one of the most difficult financial environments in U.S. history,” said Merrill.

Net loss, which includes noncash items, depreciation and amortization, dropped $209,589 (30%) to $478,226 for the twelve months ending March 31, 2010, versus $687,815 for the twelve months ending March 31, 2009. Annual revenues also increased to $1,686,109 for 2010, versus $1,670,324 for the fiscal year ending in 2009. Gross margin improved slightly to 64% for the year ending March 31, 2010 compared to 63% for the year ending March 31, 2009.

“Sales have been up for eight consecutive months,” Merrill said. “With our sales trending up and our operations at near break even, 2010 is poised to be a great year for Tootie Pie Company,” added Merrill. “We have the Company positioned to take it to the next level in terms of sales growth and bottom line results.”

About Tootie Pie Co.

Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafés, in-store sales, orders via telephone and internet on the Company’s website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the NASDAQ OTC market under the symbol “TOOT.” For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.

Forward-Looking Statements

This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” and “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s filings, which are on file with the U.S. Securities and Exchange Commission (SEC).

Source: Business Wire (July 2, 2010 – 9:45 AM EDT)            
News by QuoteMedia

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. XIR is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Ralph Sharp
rsharp@expressir.com

–

More About Small Cap Stocks

• 7-2-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks traded in a tight range Friday after the government’s jobs report met traders’ bleak expectations…

• Tootie Pie Company, Inc. (OTC:TOOT) Stock Is Baked On Gourmet … – Yesterday, investors “with refined taste and passion” for Tootie Pie Company, Inc. (OTC:TOOT) stock decided to vote for not changing the share…

• (TOOT.OB)Tootie Pie Company, Inc. Releases Sales Figures For May 2010 – (PublicWire.com Press Release) Tootie Pie Company, Inc. (OTCBB: TOOT) announced that sales for May 2010 were up 32%, versus May, 2009. Unit sales were up 10% for the same corresponding periods. “We have experienced solid monthly …

• 7-2-10 Audio Interview with Tootie Pie Company (OTCBB: TOOT … – Don L. Merrill, Jr. President & CEO of Tootie Pie Company, Inc.(OTCBB: TOOT) called into SmallCapVoice.com to discuss the Company’s recently announced gross profit of $1078349 and annual revenues of $1686109, for fiscal year ending …

Tootie Pie Company Inc. (OTC BB: TOOT) reported its eighth consecutive month-over-month sales increase. Eight consecutive months of sales increases speaks well to the ongoing success of Tootie Pie’s marketing strategies.

Tootie Pie Company announced that that May 2010 unit sales jumped 32%, versus May, 2009. This comes on the heels of a 13% jump in April 2010 versus April 2009. Tootie Pie also experienced strong pie sales from its two new Gourmet Cafés.

“Certainly, I expect this trend to continue,” added Merrill. “For example, I recently attended a marketing conference in New York City, where some of the top brands in America were present, networking and providing their insights as to the future trends affecting retailers.” Merrill said he was very pleasantly surprised at the interest many of these marketing executives expressed in Tootie Pie.

Tootie Pie recently announced that Tootie Pie is now carried in Toby Keith’s “I Love This Bar & Grill” at three Oklahoma locations: Bricktown in Oklahoma City, the Hard Rock Hotel in Tulsa and the newly opened WinStar Casino in Thackerville.

“Toby Keith’s is a high profile, growing brand and we are happy to have Tootie Pie’s available at these three locations. Hopefully, we will see our pies in some of their other franchise locations as well,” said Don Merrill, President & CEO.

“The better restaurant operators are responding when we tell them of our success with other high profile accounts, as well as with the results we are seeing in our Gourmet Café’s from Tootie Pie sales. It only makes sense that a group that operates upscale venues like Toby Keith’s, would want to add Tootie Pie to their menu,” added Merrill.

As Tootie Pie continues to increase sales and add new revenue producing restaurant customers, 2010 is shaping up to be a very strong year for the Tootie Pie Company.

Small Cap Voice (SCV) is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:
Stuart T. Smith
CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

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More Tootie Pie Company (OTCBB: TOOT) News

• Tootie Pie Company Sales Up 32% for May « Beverly Hills Ca – Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafés, …

• Tootie Pie Company Continues to Impress | Stock Market News … – Tootie Pie Company continues its impressive string of month-over-month sales gains as it adds new revenue generating restaurant customers Tootie Pie Compnay Inc. (OTC BB: TOOT) reported its seventh consecutive month-over-month sales …

While the active vs. passive investment debate is ongoing, actively managed Exchange Traded Funds (ETFs) are gaining momentum in 2010 as investors discover more about the advantages and benefits they offer. Investment flexibility, cost efficiency and professional money management continue to be cited as the most popular features of this relatively new investment option.

One company at the forefront of this trend is Fund.com (OTCBB:FNDM), which, through a subsidiary, launched an actively managed ETF product with NY Times best selling author Harry Dent last fall. Globe Newswire reported in September 2009, the ETF traded over one million shares in the first four days of its launch, making it the largest and fastest growing actively managed ETF in existence.  This is the first product of Advisor Shares Investments, LLC, a majority-owned subsidiary of Fund.com.

Taking a look Fund.com’s Advisors Shares ETF platform today, new and different options are allowing asset managers and major banks to launch private label ETFs. This unique actively managed ETF distribution platform is reportedly designed for optimum efficiency without the high-priced retail marketing costs and delays.

Now with more than a billion dollars in assets under management, Fund.com appears to be gaining scale and momentum.  Actively managed Exchange Traded Funds will undoubtedly continue to evolve and change as they become more widely accepted by investors and financial product producers. And the future looks bright. It will be interesting to watch Fund.com and its partners as the innovative firm reveals the latest exciting developments in the actively managed ETF industry.

Fund.com Expands its Operations to Include Originating, Developing and Distributing Hedge Funds and Actively Managed ETFs

NEW YORK, March 30 /PRNewswire-FirstCall/ — Fund.com, Inc., (OTC Bulletin Board:FNDM) announced here today that effective as of March 29, 2010, it has acquired Weston Capital Management, LLC, an originator and distributor of hedge funds.

Founded in 1993 and headquartered in West Palm Beach, FL., Weston Capital earns fees on assets exceeding $1.0 billion under management. It has three lines of business: it originates and markets fund of funds; it originates and markets single-manager hedge funds; and it raises capital to seed new hedge funds. In 2010, Weston Capital and Harcourt AG formed a strategic alliance for investment manager identification and fund seeding. Harcourt, a $4.5 billion alternative investments manager that is majority owned by Vontobel Group, the $70 billion Swiss banking group, is a leading global advisor of alternative investments for institutional investors.

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Oct. 29, 2009 (PR Newswire) — SEATTLE, Oct. 29 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has signed a Letter of Intent (LOI) with King Fahd University of Petroleum & Minerals (KFUPM) based out of Dhahran, Saudi Arabia. Under the terms of the LOI, Mantra and KFUPM’s Center for Refining and Petrochemicals (CRP) have expressed a mutual interest to explore and research new processes that would use Mantra’s Electroreduction of Carbon Dioxide (ERC) reactor, a form of carbon recycling.

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TROY, MI — (Marketwire) — 10/29/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a global telecommunication network operations and technical management company, announced today that it has signed a Letter of Intent to acquire a 49% interest of a privately held, profitable construction company based in Saudi Arabia, for a combination of cash and stock.

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VANCOUVER, Oct. 28 /PRNewswire-FirstCall/ – Mantra is pleased to announce that it has achieved enhanced cathode stability through the use of a new proprietary technique. Management will review the patentability of this technical breakthrough in the weeks that follow.

John Russell, Vice President of Technology Evaluation at Mantra, explained: “We are happy with the latest advancements made on the ERC technology and Mantra will be looking at the patentability of this latest discovery to further secure its competitive advantage. Thanks to persistent research, ERC is moving steadily from concept to reality as a complete technology.” He then added: “This is the essential evolution of a commercial product; it is built on a series of small successes culminating in a practical, economic technology that is of interest to industry and government.”

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Oct. 28, 2009 (Business Wire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, sees substantial benefits for wind and solar energy projects in yesterday’s White House announcement that $3.4 billion will be allocated to modernize the nation’s electrical power system to more easily use renewable resources. The money will be released in the form of grants to applicants and must be matched dollar for dollar by private funding. The grants are a result of an allocation of funds to smart grid projects in the American Recovery and Reinvestment Act of 2009.

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