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(ROVI, AVOT, SABA, DLKM, CNYD) Market Highlight From PennyOmega.com

Posted, by pennylynnomega on January 3rd, 2011

American Video Teleconferencing Corp. (PINK: AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. The company believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Presently the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.

Rare-Earth elements are used in a multitude of technologies, including magnets for wind turbines, hybrid-car batteries, fluorescent lightbulbs, and hard drives.

Rare-Earth elements aren't that rare; the U.S. has an abundance of the metals that are critical to many green-energy technologies, but engineering and R&D expertise have relocated overseas; addressing China's near monopoly. Companies in the United States and Australia have begun ramping up production at two rich sites for rare earths, but the process may take years.

American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.


Douglas Lake Minerals Inc., (DLKM.OB) is pleased to announce that the Commissioner for Minerals of Tanzania has confirmed the recording in the Central Register the transfer of 100% shares of each of the Prospecting License Nos. 6742/2010, 6743/2010, 6744/2010 and 6779/2010 from IPP Gold Limited to Douglas Lake Minerals Inc., and that such transfer has been duly recorded on the terms and conditions contained in such Prospecting Licenses. These Prospecting Licenses, which cover an area of approximately 800 square kilometers, form Douglas Lake's recently acquired Handeni Project.

As previously announced, the Company has requested a geologist to prepare a Technical Report on the Handeni Project in accordance with the provisions of National Instrument 43-101 ("NI 43-101") of the Canadian Securities Administrators.

Douglas Lake is an emerging mineral exploration company focused on exploring mining opportunities in Tanzania.


China Yida Holding, Co. (Nasdaq:CNYD) announced that Mr. George Wung, the Company's Chief Financial Officer and Mr. Wei Zhang, the Company's Vice President of Investor Relations, will present at the upcoming 9th Annual Consumer Conference which will be held by Cowen and Company on January10-11, 2011. Presentation Time: 8:30 - 8:55 a.m. Monday, January 10, 2011, Location: The Westin Times Square, New York, New York. The management team will be available to meet with investors at the conference. Please contact Cowen and Company institutional sales team directly if you wish to schedule a one-on-one meeting with China Yida management.

China Yida Holding Co. operates as an entertainment enterprise that focuses on the media and tourism industries in the People's Republic of China. Its tourism management business specializes in the development and management of natural, cultural, and historic scenic sites.


Saba Software Inc. (Nasdaq:SABA) announced that it plans to release its financial results for its second quarter of fiscal year 2011, which ended November 30, 2010, after the close of the market on January 6, 2011.The company plans to host a conference call and live webcast at 2:00 p.m. Pacific Time to discuss its financial results.

Saba Software, Inc. provides a class of people systems that combine people learning, people performance, and people collaboration solutions. People-driven enterprises use the company’s solutions to mobilize and engage people around new strategies and initiatives, as well as cultivate, capture, and share individual and collective knowhow.


Rovi Corporation (Nasdaq:ROVI) announced that the two companies are working together to power a robust music discovery experience for users of Catch Media's Play Anywhere(R) technology, a capability that enables consumers to access and enjoy their personal music collections both on the web and on mobile devices. Catch Media and Rovi have signed an agreement whereby Catch Media will incorporate Rovi entertainment data and technology into Play Anywhere(R). The integration of Rovi solutions into the Catch Media platform is designed to enable consumers to find information and rich media content about their favorite music and artists in their home media playlists where and when they want.

Rovi Corporation provides digital entertainment technology solutions for the discovery and management of entertainment content. It offers guidance, home network connection, content protection, and media recognition technologies, as well as extensive metadata on movies, music, games, television, and books.




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Authored by, pennylynnomega
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