Calx, Taxs.ob, Pmaca Being Reported On Pennytobucks Watch List

TaxMasters, Inc

TaxMasters, Inc. (OTCBB: TAXS) filed a Current Report on Form 8-K on Wednesday, July 7, 2010 to announce that Patrick Cox, its founder, CEO and majority shareholder, voluntarily entered into a Financial Reorganization Agreement in which Mr. Cox deposited 200 million shares of his TAXS.ob common stock with TAXS.obs transfer agent, Olde Monmouth Stock Transfer Co., Inc.

These shares will be held in escrow by Olde Monmouth for a five year period ending June 30, 2015. During that time, Mr. Cox has waived his right to vote the escrowed shares and he has also waived his right to receive any dividends or other distributions by TAXS.ob with respect to the escrowed shares. As a result of Mr. Coxs voluntary escrow of shares, there are now 139,676,105 shares of common stock that can be voted or can receive dividends or other distributions.

PMA Capital Corporation (NASDAQ:PMACA) reported that it intends to release its second quarter 2010 financial results on Thursday, July 29, 2010 after the market closes. At that time, a copy of the Companys earnings release and quarterly statistical supplement will be available on the Companys website at www.pmacapital.com in the Investor Information section (choose Current Investor Information). Click on News Releases to access the earnings release and Financial Reports to access the quarterly statistical supplement and investment portfolio detail.

Calix, Inc. (NYSE:CALX) reported unaudited financial results for the second quarter ended June 26, 2010. Revenue for the second quarter of 2010 was $71.7 million, an increase of 50% from revenue reported for the second quarter of 2009 of $47.8 million.

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by: Bill Pennyman

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