TMCnet News
www.Xtremepicks.Com: Xtremepicks Alerts November 20, 2009 : IVDN, ETAK, ARTS and CNWT(M2 PressWIRE Via Acquire Media NewsEdge) Xtremepicks.com Alerts include Innovative Designs Inc (OTCBB: IVDN), Elephant Talk Communications, Inc. (OTCBB: ETAK), Artfest International, Inc. (OTCBB: ARTS) and Cistera Networks(R) (OTCBB: CNWT) Innovative Designs Inc (OTCBB: IVDN) trading at $0.30 per share on trading volume of 18,972 shares. In a press release out on November 20, Innovative Designs Shows 58% Y/E Increase PITTSBURGH, PA, Nov 20, 2009 -- Innovative Designs Inc (OTCBB: IVDN) sales for its fiscal year ending October 31, 2009 showed an increase of approximately 58% over the previous year. The trend is continuing into the New Year with comp sales more than 2.5 times that of the first 18 days of last November. The Company Innovative Designs, Inc. manufactures the Arctic Armor(R) Line, hunting apparel, swimwear, wind shirts, jackets, and the multi-function "All in One" under the "i.d.i.gear" label featuring INSULTEX(R). INSULTEX(R) is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com. Elephant Talk Communications, Inc. (OTCBB: ETAK) trading at $1.67 per share on trading volume of 4,100 shares. In a press release out on November 20, Elephant Talk Communications Reports Third Quarter Financial Results SCHIPHOL, NETHERLANDS, Nov 20, 2009 -- Elephant Talk Communications, Inc. (OTCBB: ETAK), an international telecom and multimedia content distributor specializing in carrier grade mobile enabling platforms, announced the Company's third quarter 2009 financial results and is providing a shareholder update. About Elephant Talk Communications Elephant Talk Communications is positioning itself as an international telecom operator and enabler to the multimedia industry by facilitating the distribution of all forms of content as well as mobile and fixed telecom services to global telecommunications consumers. The Company provides traditional telecom services, media streaming, and distribution services primarily to the business-to-business (B2B) community within the telecommunications market where it has a presence. The Company's global footprint as a fully licensed carrier, supported by its propriety IN (Intelligent Network) and Billing/CRM (Client Relationship Management) Systems, has been designed to offer cutting-edge solutions to the increasingly competitive global multimedia industry. Elephant Talk's telecommunications platform eliminates the usual limitations caused by national borders, networks, devices or media and, therefore, enables its B2B customers to operate as independent telecom and multimedia distribution organizations. Elephant Talk is also a developer for mobile telecom and content distribution solutions; and, as a Mobile Virtual Network Enabler (MVNE), the company has positioned itself as the premier outsourcing partner for both Mobile Network Operators (MNO's) as well as for Mobile Virtual Network Operators (MVNO's). At the same time, Elephant Talk assists its MNO partners to more efficiently provide a broad range of sophisticated services to their own existing base of MVNO's. Elephant Talk is positioning itself as the preferred MVNE partner of the larger, global Mobile Operators and currently operates sophisticated networks in over a dozen markets in Europe, Asia Pacific, and the Middle East. The Company was ranked fifth on the Orange County 2008 Deloitte Technology Fast 50. For more information, visit: www.elephanttalk.com. Artfest International, Inc. (OTCBB: ARTS) trading at $0.085 on a volume of 4.98M shares In a press release out on November 20, Artfest International, Inc. Posts Net Profit for the Third Quarter 2009 Company Files Its 10Q With the SEC for the Third Quarter Ending September 30, 2009 DALLAS, TX, Nov 20, 2009 -- Artfest International, Inc. (OTCBB: ARTS) is pleased to announce that the Company has generated $896,404 in operating revenue in the third quarter ending September 30, 2009 as compared to $4,000 in operating revenue for the third quarter ending September 30, 2008, which is an increase of 22,310%. Artfest International, Inc. also reported net income of $7,397 for the third quarter ending September 30, 2009 versus a loss of $29,862 for the same period in 2008. The increase in operating revenue is due to the increased sales of art and sports memorabilia through the Company's wholly owned subsidiary, Charity Sports Distributor, as well as through events held at Artfest International's 52,000 square foot facility in Dallas, Texas, and direct sales activity through its Art Channel, Inc. and Art Channel Galleries, Inc. subsidiaries. About Artfest International, Inc. Artfest International, Inc. brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. (www.artchannel.tv), and Art Channel Galleries, Inc. (www.ArtChannelGalleries.com), offering the most exciting product and rewards program in the history of direct sales marketing. Cistera Networks(R) (OTCBB: CNWT) trading at $0.15 on a volume of 5,000 shares In a press release out on November 20, Cistera Networks Announces Second Quarter Profit 2Q '10 EPS of $0.02 per Share PLANO, TX, Nov 20, 2009 -- Cistera Networks(R) (OTCBB: CNWT), a leading provider of enterprise application platforms and engines for Internet Protocol (IP) Communications, today reported results for the three months and fiscal year ended September 30th, 2009 (all figures in U.S. dollars and U.S. GAAP). About Cistera Networks, Inc. Cistera Networks is a leading provider of enterprise application communications platforms and services. The company blends powerful application infrastructure with industry-specific business processes, to deliver the benefits of voice, video and data convergence to the user. Cistera's industry-leading platform delivers the most reliable, scalable and secure application services for IP-based network environments. Its broad portfolio of application services enables users to improve customer service and satisfaction, increase productivity and collaboration, improve responsiveness to critical incidents and to provide a safer environment. Xtremepicks.com profiles early stage microcap and growth stocks that provide innovative products or services resulting in potentially "hyper-growth" opportunities. Often, these companies have yet to be recognized by Wall Street and the undiscovered nature of Xtremepicks.com's profile companies provide our members the opportunity to learn about these companies at their development stage, and more importantly before they possibly "turn the corner" and get exposed to a much larger investing audience. Xtremepicks.com (www.Xtremepicks.com) has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by Xtremepicks.com to be accurate, and should not be considered to be all-inclusive. Xtremepicks.com is a leading information resource for evaluating investment opportunities in small and microcap stocks. We focus on a limited number of companies in order to provide comprehensive coverage, including unique investment related features not available anywhere else on the Internet. To feature a company or to get more information, please visit us at www.Xtremepicks.com or email us at [email protected] Xtremepicks.coms affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. Xtremepicks.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. To view full disclaimers, go to http://www.Xtremepicks.com/disclaimer.htm ((Comments on this story may be sent to [email protected])) (c) 2009 M2 COMMUNICATIONS |
