will-continue

Sustainable Power Corp. Board of Directors Appoints Michael Garjian as Chairman of the Board, Chief Technology Officer, and Vice-Chairman of the…

December 28, 2009

BAYTOWN, TX–(Marketwire – December 28, 2009) – Sustainable Power Corp. ( PINKSHEETS : SSTP ) announced today that its Board of Directors has appointed Michael Garjian as Chairman of the Board, Chief Technology Officer, and Vice-Chairman of the Scientific and Technical Advisory Board. Following this board action, John H. Rivera, SSTP’s majority stockholder, announced the transfer, by proxy, of all his stock voting rights to Mr. Garjian. “With this action, I am excited and confident that SSTP will continue to achieve everything I have been hoping for during my decades of development work,” announced Rivera, who is now focusing his efforts on innovations that will further the success of SSTP.

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William Latham Assumes Duties of Chairman of the Board of Supertel Hospitality

December 22, 2009

NORFOLK, NE–(Marketwire – December 22, 2009) – Supertel Hospitality, Inc. ( NASDAQ : SPPR ), a real estate investment trust (REIT) which owns 115 hotels in 23 states, today announced that William C. Latham will assume the duties of chairman of Supertel’s board of directors on January 1, 2010. Paul Schulte, the current chairman and a co-founder of Supertel, will continue to serve on the board of directors. “Paul Schulte has been a major force in the hotel industry for more than three decades, as a developer, operator and visionary,” said Kelly Walters, Supertel CEO. “Fortunately, we will continue to receive his counsel as an active board member. Bill Latham provides us with great hotel operating expertise, continuity and decades of experience.”

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Commerical Real Estate and REITs: On Shorts and Puts

November 15, 2009

Alpha Visit:’sBoom Bust Blog Font Size: Print Email Last Saturday I posted some thoughts on investing, NY real estate, and my macro outlook – , and I will continue that rant today since it leads into my most recent endeavors – gathering shorts and puts

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Commerical Real Estate and REITs: On Shorts and Puts

November 15, 2009

Alpha Visit:’sBoom Bust Blog Font Size: Print Email Last Saturday I posted some thoughts on investing, NY real estate, and my macro outlook – , and I will continue that rant today since it leads into my most recent endeavors – gathering shorts and puts

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DebtX promotes Bill Looney to the role of president of US loan sales

October 30, 2009

DebtX has announced that Bill Looney has been promoted to the position of president of US loan sales . Looney, who was previously executive vice president of DebtX , will continue to be responsible for managing all of DebtX’s loan sale …

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The Debt Exchange Promotes Bill Looney

October 28, 2009

Looney, who was previously executive vice president, will continue to be responsible for managing all of DebtX’s loan sale operations in the United States. Looney has more than 25 years of loan sale and lending experience, …

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Video: In-Depth Look – Dollar’s Disorderly Decline

October 26, 2009

Analysis and discussion with Global Strategic Adviser to PIMCO Richard Clarida; Disorderly decline would mean treasury sales and U.S. will continue to be reserve currency. (Bloomberg News)

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Goldrich Announces Appointment of William Schara as CEO

October 22, 2009

SPOKANE, WA–(Marketwire – October 22, 2009) – Goldrich Mining Company ( OTCBB : GRMC ) (the “Company” or “Goldrich”) announces Mr. William Schara has been appointed Chief Executive Officer (“CEO”) and President of the Company effective immediately and Mr. Jim Duff will replace Mr. Schara as Chairman of the Board. Mr. Duff, an independent director, was the former Chairman of the Board of Goldrich. Mr. Richard (“Dick”) Walters, the current President of the Company, will continue as Chief Operating Officer.

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Cashing In On Carbon Credits

October 17, 2009

As a US capandtrade system moves closer to taking shape carbon traders are wondering if their profitable strategies that exploit the inefficiencies existing today will continue to pay off under a federally regulated system

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Singapore Investment Fund Cuts Citigroup Stake, Realizes $1.6 Billion Gain

September 22, 2009

By Netty Ismail Sept. 22 (Bloomberg) — The Government of Singapore Investment Corp., manager of more than $100 billion of the city’s foreign reserves, said it pared its stake in Citigroup Inc. to below 5 percent through open market sales. GIC, which had held more than 9 percent of Citigroup, said in a statement that a “stake below 5 percent reflects GIC’s goals and desire to be a portfolio investor.” “GIC will continue its investment in Citigroup as we are confident of its long-term prospects,” the sovereign fund said in the statement. GIC exchanged $6.88 billion of convertible preferred stock for Citigroup common shares, at $3.25 apiece, on Sept. 11, together with the U.S. government and other investors. GIC ended up with a stake of more than 9 percent in Citigroup following the exchange. To contact the reporter on this story: Netty Ismail in Singapore nismail3@bloomberg.net .

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NAI Global Names Edward Finn Chief Operating Officer

September 20, 2009

PRINCETON, NJ, NAI Global, the world’s premier network of commercial real estate firms and one of the largest real estate service providers worldwide, announced the promotion of Edward Finn to Chief Operating Officer. He will continue to serve as

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Treasury Seeks to Reduce Scope of its Intervention in Financial Markets

September 10, 2009

By Rebecca Christie Sept. 10 (Bloomberg) — The U.S. Treasury expects banks will pay back at least $50 billion in rescue funds over the next year to 18 months, as the government starts to scale back its intervention in U.S. financial markets, a department official said today. The Treasury will continue to pursue programs that have not yet started, such as its plans to buy small-business loans and to remove toxic assets from bank balance sheets through the Public-Private Investment Program, the official told reporters on condition of anonymity. At the same time, other unused programs will be allowed to expire, including a program guaranteeing money-market mutual funds and the Capital Assistance Program, which was established earlier this year to provide extra capital injections to banks that needed it and couldn’t access private markets. “We can plan to reduce the government’s direct involvement in the financial system, but we must move cautiously or risk a relapse,” the Treasury said in a document distributed at the briefing in Washington. To contact the reporter on this story: Rebecca Christie in Washington at rchristie4@bloomberg.net

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UHY Advisors in New York Announces the Promotion of Anthony Tomaro as Managing Director and a Partner of UHY LLP

August 28, 2009

NEW YORK, NY–(Marketwire – August 28, 2009) – UHY Advisors NY, Inc. announces the promotion of Anthony Tomaro as a managing director of UHY Advisors in New York and a partner of UHY LLP, a national accounting firm. Tony, 44, of Smithtown, NY, has more than 20 years of experience in the accounting profession. He was most recently a Partner with Marcum & Kliegman LLP in Melville, NY until joining UHY Advisors earlier this year as a Principal. In his new role, Tony will continue to be based in New York City and manage a variety of corporate client audit engagements under the direction of UHY LLP. He will have responsibility for developing new business for the firm throughout Metro New York.

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the mesh network | northern california real estate: Local Sales …

August 14, 2009

Palo Alto between $1M and $1.5M is stabilizing, however Saratoga is down 25% and recently 2 short- sales have been listed at $1M and $1.2M (the first of more to follow no doubt), Los Gatos is down 40%-50%, but Los Altos is only off about 15% . … Los Gatos will continue to slide down as long as financing is hard to find for higher loan amounts. We may begin to see short- sales and foreclosures putting additional pressure on prices in the coming months. …

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Environmental Capital Partners and Marathon Asset Management Complete Intechra Transaction

August 13, 2009

company. Affiliates of Marathon have also become significant shareholders in Intechra by converting a substantial portion of Marathons debt in IHC to equity in the new company. The IHC management team will continue in place with Intechra and remains

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VeriSign Board of Directors Names Mark McLaughlin as Chief Executive Officer and Brian Robins as Chief Financial Officer; Jim Bidzos Named Permanent…

August 6, 2009

MOUNTAIN VIEW, CA–(Marketwire – August 6, 2009) – VeriSign, Inc. ( NASDAQ : VRSN ) today announced that its Board of Directors has appointed Mark McLaughlin as chief executive officer effective August 17, and Brian Robins as executive vice president and chief financial officer effective immediately. Company founder Jim Bidzos will continue to serve as executive chairman on a permanent basis as of August 17. Additionally, McLaughlin will join the Board of Directors today.

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IN THE PIPELINE: CoStar Development and Construction News for July 12-18

July 14, 2009

This week’s edition of In The Pipeline includes a report on a American Institute of Architects forecast that commercial construction will continue to slide for the rest of 2009 and 2010; the state of Illinois, however may see a $ 31 billion boost in institutional…

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Price Per Square Foot: Spring Slide (So Far)

April 16, 2009

Unlike other measures of home prices, there has been no “spring bounce” (so far) when price is measured by square foot. In fact, in contrast to the previous three years, prices have neither bounced nor plateaued. Whether this descent will continue or is merely a lagging indicator remains to be seen.

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