BioShaft Water Technology Inc. (OTCBB: BSHF), developer of innovative wastewater treatment technologies, today announced it has secured an agreement with Al Tawfeeq, a wholly-owned subsidiary of Qatar-based Al Hashemi Group. Per the agreement, Al Tawfeeq will provide BioShaft with a local contact, which will familiarize the company with the opportunities for wastewater treatment plants in Qatar. Al Tawfeeq will assist BioShaft with the submission of tenders, strategies on participation, and assistance with staffing in Qatar’s market. Al Tawfeeq’s networking will help the company secure its business operations in Qatar state. “This agreement with Al Tawfeeq gives us a local presence in Qatar with a well established company. They will assist us with potential bid opportunities and work with BioShaft to establish a presence in the region so that we can build our business in Qatar,” Dr. Hans Badreddine, CEO of BioShaft stated in the press release. In addition, Al Tawfeeq will assist in ...

According to a new study from Merrill Lynch, there are 6% more millionaires today than there were a year ago. And the China, India, and Brazil had the sharpest increase in new millionaires.The number of millionaires increased by 22.7% in India last year, 20.3 % in China, and 19.1% in Brazil.The study also found that 103,320 had a net worth of $30 million or more , an 8.8% increase. "This year's report found that the number of high net worth individuals and the amount of wealth they control, continued to increase in 2007, with the greatest wealth being created in the emerging markets of India, China and Brazil."

SourceForge Inc. (LNUX) has touched a 52-week low during the second week of trading in June 2008, and the CEO has just resigned. Earnings per Share are just 2 cents, and the Beta is 2.97. Is this the darkest spot in a market that is dull in the first place?

More than 30 million technologists will disagree. They visit web sites of this company from Mountain View, CA, and are nearly addicted to free systems and programs it offers. The Internet depends on networking, and this means that the company could be at a nadir only to start a rapid and sustained climb.

Corporate interests have prevented global participation in software development. Major information technology companies make money by keeping such networks under wraps. However, the nature of complex projects requires independent development. This company is a clear leader for such futuristic systems development.

Leading search engines have found ways to make windfall

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The current financial services melt-down has had differing effects on different companies. Dealing with the realities of the situation has become the only way that most can move forward. Some are assessing their situation while others are moving to right the issues. If there is one thing that most can agree upon; it would be that admitting to losses, making the needed moves now and working to move forward are the only ways to get back toward solid results.

E*Trade Financial Corp., an online trading concern, works to facilitate the online trading of certain financial products. In a general sense, the company is a retail company that offers the “average” person an opportunity to trade stocks and buy mutual funds. As with many financial institutions and companies, E*Trade Financial has been going through a period of adjustment. It has, however, readjusted in a significant manner and appears to be moving forward

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