Axial Vector Energy Corp. announced today that it has opened its Sales and Production Facility in Virginia Beach, Virginia, USA. The facility will allow the consolidation of new product developments, license transfers, USA government grants and loans, as well as a sales and demonstration office.

The Virginia Beach based engineers were successful in completing Axial’s multi-fuel workhorse engine and the company is confident they will produce similar results productionizing other engine programs. According to the press release, AVEC possesses large order books on all of these products which can generate tens of millions in revenue for the company starting in the fourth quarter of 2009.

The company chose Virginia over three other States for multiple reasons including competitive operating cost, quality work force, excellent education systems and a variety of State-sponsored business incentives. Some of these incentives include the Governor’s Opportunity Fund, the

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I have been interested in and invested in Vietnam since the fall of 2006. I bought the Vietnam Opportunity Fund (VOF.L) at $2.48, sold half of it at $4.73 a few months later and still have some shares now trading at $1.99.The fund hovered along at down a little for the year before starting to swoon about a month ago, consistent with the VN Index which is down 59% YTD.The GDP has been en fuego, but less than in China, which has proven too hot to handle as now inflation appears to be running at 25-30%.As I wrote several times along the way about Vietnam, a destination like this is going to have huge booms and huge busts along the way.The story on the ground, which of course includes the inflation ...

My Vintage Baby, Inc. (OTC: MVBY) recently announced that they have sold $250,000 of senior-secured, fixed-price convertible debentures to a New York institutional investor, Agile Opportunity Fund, LLC. My Vintage Baby engages in the design, production, and sale of clothing and accessories.

David Propis, Agile’s managing director, stated, “My Vintage Baby has undergone a significant balance sheet and operational cleanup over the past year. In my opinion the Company is poised for growth and sustained profitability. Our investment was based on our analysis that MVBY should become profitable within the next year. The Company’s design team, headed by Jessica Wiswall, has the resources necessary to fulfill its mission to create and distribute niche, high-end children’s apparel.”

“I am pleased to announce that we were able to complete the debt transaction convertible at a fixed price with no stipulated registration requirement,” said Jeff Walsh, CEO of My Vintage Baby.

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