Commerce Planet (CPNE.OB) jumped over 20% today after announcing plans to execute a reverse split that would qualify it for listing on a national exchange like the Nasdaq or Amex. “The decision to approve a reverse stock split is the proper step to ensure our corporate structure is positioned to enhance the long-term value of [...]

Commerce Planet: CPNE.OB announced this morning a letter of intent to acquire Iventa, an online web builder based in the United States that also has a 30-person web services staff in India. The announcement was long on strategy and short on details. The company says that “the acquisition of Iventa’s Dashboard System(TM) platform will rapidly [...]

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 [...]

Commerce Planet: CPNE.OB took a beating after announcing mediocre earnings. CEO Michael Hill said he was pleased with the quarter (I’m not), adding: “we executed on initiatives to more effectively spend our advertising dollars increasing our efficiencies and performance results. We expect this strategy to lower our future operating costs and protect the quality of [...]