Archive for August, 2007

Air Industries (AIRI.OB) completes Welding Metallurgy acquisition

New visitor? Consider subscribing by RSS or by email.Air Industries Group: AIRI.OB announced today that it completed the acquisition of Welding Metallurgy, which it had purchased for approximately $6 million in cash, debt and restricted stock. Welding Metallurgy is a specialty welding and metallurgical engineering provider [...]

Should Think Partnership (THK) and Commerce Planet (CPNE.OB) join forces?

John Gilliam (via Seeking Alpha) suggests that Think Partnership: THK should build scale in its internet lead generation business by buying Commerce Planet: CPNE.OB:
A THK/CPNE marriage would be a good fit for several reasons including the synergies resulting from each company’s strong presence in the “home based business” lead generation space and the potential for [...]

China Expert Technology (CXTIE.OB) buys a vowel

Its official — China Expert Technology has blown its extended deadline to file its quarterly report with the SEC, so the ticker has changed to: CXTIE.OB. On August 17, I wrote that if the company blew the deadline, “we could see $2.50 again.” I still think that is in play, and it could [...]

Kicking Crystallex (KRY) to the curb

I bought shares several months ago in Crystallex: KRY, a junior gold miner attempting to develop a premier mineral reserve in Venezuela called Las Cristinas, based on a simple calculus. I reasoned that it was more likely than not that the company would receive the final environmental permit needed to begin mining, and that [...]