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Beacon Equity Issues Technical Trading Overview for Blast Applications Inc.(November 20, 2009)
DALLAS, Nov. 20, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Blast Applications Inc. (Pink Sheets:BLAP). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/BLAP
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Blast Applications Inc. (BLAP) is a Long Island, New York-based company operating as a premier design and development group creating iPhone, Facebook and Twitter Applications that make spending time on these sites easier and more productive.
Message Board Search for BLAP: http://www.boardcentral.com/boards/BLAP
In the report, the analyst notes:
"BLAP announced recently that it has been accepted into the iPhone Developer Program to develop applications for sale on the Apple iTunes App Store. The iPhone Developer Program provides a complete and integrated process for developing and distributing applications for the iPhone and iPod Touch. BLAP is now developing applications to be sold through the Apple iTunes App Store.
"BLAP announced it will spin off Big Pants Media Inc., its wholly owned subsidiary to existing shareholders of BLAP. Shareholders of BLAP will receive one new share of Big Pants for every one hundred shares of Blast beneficially owned on or before the record date of October 20, 2009. The spin off transaction will relieve BLAP of certain debts and obligations held on its balance sheet and allow Big Pants to continue on with its core business of Web design, marketing and development as a separate entity."
To read the entire report visit: http://www.beaconequity.com/i/BLAP
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BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CONTACT: Beacon Equity Research
Related Keywords: SOFTWARE, ELECTRONICSUSA, Inc., Apple Computer, Financial, Wall Street, Internet Technology, Business,