Eline Entertainment Group Inc. (OTCPK:EEGI)
Eline Entertainment Group, Inc has completed their merger with Vu365 (www.vu365.com).
Vu365 has been looking to enter the US market for quite some time, and this merger is the perfect opportunity. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.
Vu365, a China-based gaming company, has over 30 employees. Founded in 2005, the group operates web and casual games. Vu365 has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB (about $10,000.00 USD) from that single application alone.
EEGI is happy to have Vu365 on their team and feels that they are a nice complement to their existing subsidiary, Let the Good Times Roll.
Eline Entertainment Group, Inc. operates in the educational industry in China. EEGI operates 12 educational training centers for nursery students; and 4 training programs. EEGI was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
To learn more about EEGI visit: http://www.elineentertainment.com
Power3 Medical Products, Inc. (OTC:PWRM)
PWRM has filed several patent applications that are currently pending for its NuroPro technology. PWRM also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, PWRM has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China. PWRM has also published 6 articles on NuroPro in peer-reviewed scientific journals. PWRM intends to publish these latest findings as well.
PWRM, Power 3 Medical Products Inc., PWRM.OB has signed a definitive agreement recently to acquire all of the stock of Rozetta-Cell Life Sciences, Inc. Power3 plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company in the merger. The acquisition of Rozetta-Cell is expected to be completed in November 2010.
PWRM, a bio-technology company, engages in the development and marketing of diagnostic tests in the fields of cancer, and neurodegenerative and neuromuscular diseases in the United States.
To learn more about PWRM visit: http://www.Power3Medical.com
Fluor Corporation (NYSE:FLR) announced that Windsor Essex Mobility Group (WEMG), an equity consortium of Fluor Canada Ltd. (Fluor), ACS Infrastructure Canada Inc (ACSIC), and Acciona Concessions Canada Inc (Acciona), was notified by Infrastructure Ontario (NYSE:IO) and Ontario's Ministry of Transportation (MTO) that it has been named as preferred proponent for the finance, design, construction, operations and maintenance of the Windsor Essex Parkway Project in Windsor, Ontario, Canada.
Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. Its Oil & Gas segment offers design, engineering, procurement, construction, and project management services to upstream oil and gas production, downstream refining, chemicals, and petrochemicals industries.
Westway Group, Inc. (Nasdaq:WWAY) reported consolidated Adjusted EBITDA for the first nine months of 2010 of $30.2 million, up $2.8 million or 10% from the pro forma results for the first nine months of 2009. Consolidated Adjusted EBITDA for the third quarter of 2010 totaled $8.3 million and $9.8 million for the same period in 2009.
Westway Group, Inc. provides liquid storage and related value-added services worldwide.
LIN TV Corp. (NYSE:TVL), a local multimedia company, reported its third quarter 2010 results.
Summary of Results for the Third Quarter Ended September 30, 2010
- Net revenues increased by 27% to $103.6 million, compared to $81.4 million for the third quarter of 2009.
- Digital revenues, which include Internet advertising revenues and retransmission consent fees, increased by 54% to $16.0 million, compared to $10.4 million for the third quarter of 2009.
- Operating income increased by 95% to $26.8 million, compared to operating income of $13.8 million in the third quarter of 2009.
LIN TV Corp., together with its subsidiaries, operates as a local television and digital media company, owning and/or operating 28 television stations in 17 U.S. markets, all of which are affiliated with a national broadcast network.
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