DrStockPick.com Stock Report! 8/21/09, ZAAP, AQUI, ERFW, CHCI, ERTS, ATVI
DrStockPick.com Stock Report!
Friday August 21, 2009
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The board of directors of electric vehicle pioneer ZAP (OTCBB: ZAAP) unanimously elected Priscilla M. Lu, Ph.D. as Chair of its Board of Directors. Dr. Lu is a 30-year telecommunications and networking executive and entrepreneur formerly with AT&T Bell Laboratories as well as Founder, Chairman and CEO of interWAVE Communications Ltd., and ViDeOnline Communications Ltd.
AQUAGOLD INTERNATIONAL (Pink Sheets:AQUI), a global distributor of premier Canadian spring water products, announces its sponsorship of “Celebrating the Full Moon Together — A Series of Events Celebrating the 30th Anniversary of the Establishment of Diplomatic Relations between China and the United States.” The event will take place in New York City.
ERF Wireless (OTCBB:ERFW), a leading provider of enterprise-class wireless and broadband products and services, announced today that the company has filed its Form 10-Q with the Securities and Exchange Commission reporting results for the second quarter ended June 30, 2009.
Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) and certain of its subsidiaries today announced that on August 17, 2009 it had entered into a foreclosure agreement with Wachovia Bank, N.A. (”Wachovia”) with respect to approximately $17.8 million of the Company’s $77.2 million of secured debt. Under the terms of the Agreement, the Company agreed to cooperate with Wachovia with respect to its foreclosure on certain of the Company’s real estate assets and Wachovia agreed to release the Company from their obligations and guarantees relating to the $17.8 million debt contemporaneous with the execution of a non-interest bearing unsecured deficiency note in the amount of approximately $1.8 million. However, the deficiency note is reduced by the principal payments related to certain homes conveyed by the Company prior to September 30, 2009. Based on current sales backlog, the September 30, 2009 deficiency note balance is expected to be in the range of $425,000.00, subject to increase or decrease based on additional sales or cancellations.
EA Mobile(TM), a division of Electronic Arts Inc. (NASDAQ:ERTS), today announced eight new titles available on BlackBerry App World(TM) including globally renowned mobile titles: Bejeweled(R), Need for Speed(TM) Undercover, RISK, SCRABBLE (in the US and Canada only), Tetris(R), Tetris Mania, The Sims(TM) 3, and Tiger Woods PGA TOUR(R).
Call of Duty(R): World at War Map Pack 3 from Activision Publishing, Inc. (Nasdaq: ATVI) and developer Treyarch topped more than one million paid downloads during its first weekend of availability (August 6-9) on Xbox LIVE(R) online entertainment network and the PlayStation Network. With this latest release, all three map packs for Call of Duty(R): World at War now total a combined 6.5 million downloads worldwide, and counting.
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