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OTCBB & Pinksheet News by Stocksource.us - CHTL, MGON, ZVTK, POSC(M2 PressWIRE Via Acquire Media NewsEdge) Stocksource.us brings you all the Stocks in the News: US-Based ChinaTel Group (OTCBB: CHTL), Megola Inc. (OTCBB: MGON), Zevotek Inc. (OTCBB:ZVTK), Positron Corporation (OTCBB:POSC), Receive all the news and alerts first. Sign up for the news letter :http://www.stocksource.us For stock picks and investment community interaction please follow us on http://www.facebook.com/stockp and www.twitter.com/penny_stock US-Based ChinaTel Group (OTCBB: CHTL) SAN DIEGO--(Aug 23)-- US-Based ChinaTel Group (OTCBB: CHTL), a leading provider of wireless broadband telecommunication deployments and infrastructure development, today announced that it has been selected to make a corporate presentation during the Rodman & Renshaw 2010 Annual Global Investment Conference. The conference will be held September 12-15, 2010 in New York, and will feature presenters from companies in categories such as Healthcare, China, Energy, and Technology. With ChinaTel currently deploying the world's largest 4G Networks across China and Peru, the company's presentation will complement the conference's China and Technology tracks. George Alvarez, CEO & Director of ChinaTel, will deliver the ChinaTel presentation on Tuesday, September 14th during the conference. As part of his discussion, Mr. Alvarez will highlight the company's strategy for doing business in China, as well as other countries worldwide. He will also share insights on the company's international Wi-MAX deployments, the company's financial progress, and the company's business structure and overall operations. ChinaTel holds the exclusive rights to operate wireless broadband networks in the 3.5 GHz radio frequency spectrum in the 29 largest cities in China, through a partnership with CECT-Chinacomm. Chinacomm is under a government mandate to build out and launch service in the first 12 cities in China by June 2011. ChinaTel has already deployed its network in key portions of the first three cities - Beijing, Shanghai and Shenzhen. In addition, ChinaTel owns 95% of Perusat, a Peruvian telecommunications company with licenses to operate wireless broadband networks in the 2.5 GHz radio frequency spectrum in seven targeted cities in Peru. The Rodman & Renshaw Conference will feature 550 corporate presentations from around the world, as well as Q & A sessions, investor one-on-one meetings and daily networking opportunities. More than 3,500 people, including those representing institutional investors, venture capitalists, private equity firms, business development executives and sophisticated private investors, are expected to attend. Follow our news and alerts with our newsletter sign up today: http://www.stocksource.us *************************************************************************************** Megola Inc. (OTCBB: MGON) POINT EDWARD, ON -- 08/23/10 -- Megola Inc. (OTCBB: MGON) announces that Mr. Sufan Siauw has joined the Board of Directors effective for the company's 2011 Fiscal Year. Mr. Siauw, previously a member of Megola's Advisory Board, replaces Mr. Willard (Buzz) Brown on the Board of Directors. Mr. Brown continues his relationship with Megola as President and CEO of New Fire Solutions, LLC. Megola's Board of Directors will be evaluating Advisory Board positions for 2011 as well. Megola utilizes the skill sets of its Advisory Board members for strategic planning input, as well as evaluation of business and product opportunities. Sufan Siauw - Director Sufan Siauw is currently the President of Haining Paul Yuan Dyestuff Co. Ltd, a Chinese manufacturer with annual revenues of $25 million US. Mr. Siauw is also a Managing Partner of Dalian Bingshan H2O3 Environmental Solutions Co. Ltd., a Chinese ozone water treatment system manufacturer that is part of the Bingshan Group. He is also a Managing Director of Interway International, Ltd., a company with annual sales of $10 million US. Mr. Siauw is an entrepreneur that has deep interests in new technology. He is a founder of Premium Power LLC., a cutting-edge Massachusetts-based battery developer and Office General Inc., a San Francisco-based corporation that owns and operates business centers around the world and is expanding to provide management software to independently owned business centers worldwide. Mr. Siauw began his professional career with Thai Gypsum Surya Indonesia, where he served as Business Development Manager. While there, he was in charge of developing strategic partnerships with international gypsum board producers. He received a Bachelor of Science degree in Business Administration from Pepperdine University and a Master of Business Administration in International Business degree from Loyola Marymount University Sign up for our newsletter: http://www.stocksource.us ******************************************************************************** Zevotek Inc. (OTCBB:ZVTK) NEW YORK, Aug. 23, 2010 -- Zevotek Inc., (OTCBB:ZVTK) (Frankfurt:T5V1), a worldwide direct marketer and distributor of consumer products, today announced the Company plans to acquire and sell new innovative personal and home care items. Zevotek currently sells Ionic Bulbs, a product they launched less than a year ago with a promotional campaign that is being fueled by a combination of American TV advertising, a series of product spokesperson appearances in the U.S. on local TV and national radio shows, and positive press coverage in major magazines, newspapers and influential web publications. The Company has garnered international recognition for Zevotek Ionic Bulbs and interest from major chain store retailers. Zevotek plans to use a similar customized blend of sales promotion strategies to quickly generate consumer sales of newly acquired innovative products. Zevotek's new product sales will benefit from using the Company's established infrastructure that efficiently brings product from the factory to the warehouse to the consumer while quickly and accurately processing individual and bulk sales orders. Commenting on the announcement, Zevotek's CEO, Rob Babkie, said, "I am pleased to announce that we are looking to acquire new innovative consumer products for Zevotek to sell. We will use the same marketing know-how that took the Ionic Bulb from being an unknown innovative product less than a year ago to an exciting new product recognized by consumers and retailers. With the launch of the Ionic Bulb successfully established, the timing is perfect for us to add products. We are targeting products that perform better, deliver value and improve the quality of life for consumers. Zevotek has shown the ability to identify that type of product and make a major splash in the marketplace in less than a year." Follow our news and alerts with our newsletter sign up today: http://www.stocksource.us *************************************************************************************** Positron Corporation (OTCBB:POSC) INDIANAPOLIS, Aug. 23, 2010 -- Positron Corporation (OTCBB:POSC), a molecular imaging and solutions company specializing in nuclear cardiology and a leader in cardiac PET, announced today the Company is scheduled to present at the Rodman & Renshaw Annual Global Investment Conference, held on September 12-15, at the New York Palace hotel in New York City. Patrick Rooney, chief executive officer of Positron Corporation, will be presenting on Tuesday, September 14th. Details surrounding the presentation and audio webcast will be made available in the coming weeks. For more information about the Rodman & Renshaw 12th Annual Healthcare Conference, go to: http://www.rodmanandrenshaw.com/conferences. About Positron: Positron is a molecular imaging company focused on Nuclear Cardiology. Positron utilizes its proprietary product line to provide unique solutions to the Nuclear Medicine community ranging from imaging to radiopharmaceutical distribution. Positron products include: the Attrius, a PET imaging device; the Pulse , a SPECT imaging device; the Nuclear Pharm-Assist , an automated radiopharmaceutical distribution device; and the Tech-Assist, a radiopharmaceutical injection shield. More information about Positron is available at www.positron.com. 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