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DrStockPick.com Provides Updates For TSLA, EEGI, FLIR, PWRM, SFSF!

Posted, by drstockpick on November 12th, 2010

Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) and the company's subsidiary Let The Good Times Roll has successfully merged with Midnight Express. This is a second expansion merger for the company.

LTGTR's subsidiary Midnight Express is a Florida based luxury transportation company specializing in tours of the Tampa Bay area. Midnight Express was previously geared towards tours in the party bus atmosphere, which makes for a great synergistic merger with LTGTR as the company expands both its business model and territory.

This acquisition has the potential to add significant increases in annual revenue to the company, but the real value in this merger lies in the select agreements and joint ventures with local businesses.

"The acquisition of Midnight Express helps us immensely in our pursuit of shuttle services. We expect to announce a major business strategic agreement in the Tampa Area in the upcoming few weeks thanks to this acquisition." - Debra Davis President of LTGTR.

LTGTR employs an organic expansion and acquisition strategy to increase revenue streams and expand into the market immediately. Besides organic expansion, the company continues to seek mergers, acquisitions, and participation in various joint ventures. The company seeks to achieve aggressive business growth with several mergers in the near future.

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Power3 Medical Products, Inc. (OTC.BB:PWRM), a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that it has signed a definitive agreement to acquire all of the stock of Rozetta-Cell Life Sciences, Inc. Power3 plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company in the merger.

Rozetta-Cell is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. The company has a robust intellectual property portfolio and has created numerous products for adult stem cell therapy that are ready for market globally. Rozetta-Cell also has several collaborations in process through which it is partnering with industry-leading adult stem cell research companies and adult stem cell vendors.

Power3 Medical Products, Inc. is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer's disease, Parkinson's disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig's disease). Power3 applies proprietary methodologies to discover and identify protein biomarkers associated with diseases.

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SuccessFactors, Inc. (Nasdaq:SFSF) announced on Wednesday November 10, 2010 that department and specialty retailer, Stein Mart, Inc. has deployed the Success Factors Business Execution (BizX) Software Suite to ensure overall business goal alignment and performance management. Stein Mart has deployed Success Factors Goal Management and Performance Management modules to 1,000 users in their store operations, field operations and corporate departments.

SuccessFactors, Inc. is a provider of cloud-based Business Execution Software (BizX) solutions to organizations of all sizes. It offers a suite of Business Execution Software applications, delivered over the Internet.

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FLIR Systems, Inc. (Nasdaq:FLIR) announced financial results for the third quarter ended September 30, 2010. Revenue was $332.5 million, up 16% compared to third quarter 2009 revenue of $285.6 million. Operating income in the third quarter was $85.8 million, compared to $89.3 million in the third quarter of 2009.

FLIR Systems, Inc. (FLIR) is engaged in the design, manufacture and marketing of thermal imaging systems. The Company’s products are used in a variety of applications in commercial.

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Tesla Motors Inc (Nasdaq:TSLA) announced on Tuesday November 9, 2010 its preliminary unaudited financial results for the quarter ended September 30, 2010. Revenues for the third quarter of 2010 were $31.2 million, a 10% increase from the $28.4 million reported in the prior quarter. Gross margin improved to 30%, up from 22% for the prior quarter. Net loss for the quarter was $34.9 million as compared to $38.5 million in the prior quarter.

Tesla Motors, Inc., incorporated in 2003, designs, develops, manufactures and sells fully electric vehicles and electric vehicle powertrain components. The Company commercially produces an electric vehicle, the Tesla Roadster.

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Crown Equity Holdings Inc. (CRWE.OB) has received five thousand dollars and anticipates receiving another forty five thousand dollars in cash from a third party for (thirty) days of advertising for Eline Entertainment Group, Inc. (EEGI.PK)

Crown Equity Holdings Inc. (CRWE.OB) has received 1,000,000 shares 144 restricted stocks for IT department services from Power 3 Medical Products Inc. (PWRM.OB).

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Authored by, drstockpick
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