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OTEX, GRHU, CHKP, EEGI, SLAB - Research and Asset Management Stock Update!

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Open Text Corporation (Nasdaq:OTEX) announced release of Open Text Everywhere with native client applications for Apple iPhone and iPad. With a growing library of business applications, Apple's popular smartphones and tablets are quickly gaining momentum as an enterprise client platform. With client applications from Open Text, business users gain access to critical content and processes from their iPhones and iPads.

Open Text Corporation (Open Text) is an independent company providing enterprise content management (ECM) software solutions. The Company’s Open Text ECM Suite brings together the content management capabilities needed to manage various types of enterprise content

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GreenHouse Holdings, Inc. (OTCQB:GRHU)

GreenHouse Holdings, Inc., a San Diego, California-based integrated energy solutions provider and developer of eco-friendly infrastructure, recently announced the results of operations for the third quarter of Fiscal Year 2010 and is providing a shareholder update.

2010 Operational Highlights:

  • Acquired Life Protection Inc., (NYSE:LPI) a subsidiary that provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
  • Signed multiple contract awards for its Life Protection (LPI) Governmental Services Division, totaling $6 million.
    *The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI.
  • Announced that PepsiCo will partner with GreenHouse to utilize Southern California Edison’s Automated Demand Response program at its Buena Park bottling plant.
  • Signed Letter of Intent to acquire Control Engineering, Inc (NYSEMKT:CEI). Headquartered in Costa Mesa, California and serving clients globally, CEI provides turnkey automation and control solutions including engineering, installation and integration services.
    *Experts in multiple technologies and applications, CEI’s client base includes recognizable brands from a wide range of industries including pharmaceutical, food, and beverage, utility, military and consumer goods.
  • Shareholder’s equity increased to $2.9 million from a deficit of approximately $2 million as of 12/31/09.
  • The Company is completing the necessary steps to Up-List its shares to a senior U.S. stock exchange.
    *In order to facilitate the transition, GreenHouse established an independent board and appointed PKF, a nationally recognized accounting firm, as their SEC auditors.

“Management is pleased with our operational and financial growth,” stated Chris Ursitti, CEO of GreenHouse Holdings. “Life Protection Inc. and the pending acquisition of Control Engineering, Inc. will provide the company with a strong foundation of growth while positioning us as a market leader within the energy efficiency and load reduction arena. In addition to expanding operations within the residential, commercial and governmental markets, we also anticipate expansion from our industrial clients as we deploy our Automated Demand Response products. We are confident that these developments will rapidly increase earnings, expand margins and allow us to achieve our ultimate goal of increased shareholder value.”

About GreenHouse Holdings, Inc.

GreenHouse Holdings, Inc. is a San Diego, California based integrator of some of the world’s most innovative environmental, public safety, infrastructure technologies. GreenHouse provides systems that are financially sound and sustainable to residential, commercial, and industrial and government markets around the globe. GreenHouse provides energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable waste-to-fuel bio-fuel and closed loop systems, as well as other proprietary technologies and products that are utilized to provide a greener and safer future for millions of people. Other flagship products and solutions include the Green Village, R.A.P.S., and One Link.

To learn more about GRHU visit: http://www.greenhouseintl.com

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Check Point Software Technologies Ltd. (Nasdaq:CHKP) announced on Wednesday November 10, 2010 it is positioned in the Leaders Quadrant of Gartner's recent Magic Quadrant for Unified Threat Management (UTM)(1). Check Point is highly recognized by both customers and analysts for providing simple, all-in-one security solutions that provide the highest level of protection to small and mid-sized businesses and remote/branch offices.

Check Point Software Technologies Ltd. (Check Point) develops, markets and supports a range of software, as well as combined hardware and software products and services for information technology (NYSE:IT) security.

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http://pennyomega.com/img/eegi_new.jpg 

Eline Entertainment Group, Inc (OTCPK:EEGI) 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.

In other company news, the EEGI board awaits Innovation Group (Inn) updates regarding diversification of the Inn assets. EEGI management is looking for a change in direction and growth with its focus set in the entertainment industry with the aforementioned pending merger of VU365; and the recent merger of USA based luxury leisure transportation services.

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

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Silicon Laboratories (Nasdaq:SLAB) announced on Wednesday November 23, 2010 that it will be presenting at the Credit Suisse Annual Technology Conference on December 2 at 10:30 a.m. PST at the Phoenician in Scottsdale, Arizona. The presentation will be simulcast on the Investor Relations page of the company website at www.silabs.com.

Silicon Laboratories Inc. designs and develops analog intensive, mixed-signal integrated circuits (ICs) for a range of applications. Its mixed-signal ICs are electronic components that convert analog signals, such as sound and radio waves into digital signals that electronic products can process.

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