Austin, TX 10/29/2007 10:17:06 PM
Speak with other shareholders about: (OTCBB: MYST), (Nasdaq: AMCC), (OTCBB: THPW), (NASDAQ: SNDK), (OTCBB: CYTV).
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MyStarU.com, Inc. (OTCBB: MYST), up 15% on 2 million shares, announced Thursday that its majority owned subsidiary, Subaye.com, Inc., the enterprise video web development, hosting, marketing and e-commerce service provider, completed on October 23, 2007 of its previously announced acquisition of Media Group Int'l Ltd. ("MGI"), a premier media and marketing management firm. SUBAYE will immediately begin executing the planned integration of the Corporate Video Online/Offline, commercial movie advertising markets, and overseas business operations and networks.
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Applied Micro Circuits Corporation (Nasdaq: AMCC), down .31% on 14 million shares, a provider of network and embedded PowerPC processing, optical transport and storage solutions, released on Friday financial results for the second quarter of fiscal 2008 ended 30 September 2007. Net revenues for the quarter totalled USD58.2m, a sequential increase of 16% over USD50.1m in the first quarter of fiscal 2008, and a decrease over USD76.4m reported in the second quarter of the prior fiscal year. For the first six months of fiscal 2008 revenues were USD108.3m, as compared with USD146.0m in the corresponding period of the prior year. The company reported a GAAP net loss for the quarter of USD8.1m or USD0.03 per share. This was in comparison with a GAAP net loss of USD16.4m or USD0.06 per share in the first quarter of fiscal 2008, and a net loss of USD13.9m or USD0.05 per share in the second quarter of the prior fiscal year. For the year to date period GAAP net loss was USD24.5m or USD.09 per share, as compared with a GAAP net loss of USD14.7m or USD0.05 per share for the corresponding period of the prior year.
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Thorium Power Ltd (OTCBB: THPW), up 5% on 2 million shares, a developer of low-waste, non-proliferative nuclear fuel technology for existing and future reactors, announced Thursday a business and financial update for the third quarter ended 30 September 2007. Total revenue collected for the three months ended 30 September 2007 was USD0, as compared to USD0 for the comparable period in 2006.
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SanDisk Corporation's (NASDAQ: SNDK), up 2% on 13 million shares, announced today launch party on the famous Sunset Strip this past weekend was filled with an exclusive group of celebrities, musicians, SanDisk key clients and the world's media enjoying VIP treatment in three of the most exclusive venues on Sunset Strip. Lucky guests were treated to exclusive performances from Linkin Park, Common, Z-Trip, Supernatural, Cut Chemist and The Crystal Method, all of whom performed in the top three legendary clubs in Los Angeles. The SanDisk event was the first time the Viper Room, The Roxy and the Key Club were simultaneously reserved for a single event by one company.
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China YouTV Corp. (OTCBB: CYTV), up 7% on 1 million shares, a publicly traded company that provides online video viewing services through its CnBoo web site in China, reported Friday that its Chinese Joint Venture Partner, HuaJu has signed an agreement with Shanghai Vekee advertising Co. Ltd., (Vekee), a leading online advertising company in China, to distribute advertising on CnBoo.
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