May 2007 - Page 32 of 56

WednesdayMay 16, 2007 5:05 am

QuoteMedia, Inc. (QMCI.OB) Reports Strong Revenue Growth for the First Quarter of 2007

Revenue increased from $838,266 to $1,160,700 in 2007; a 38% increase. The company’s cash balance increased $241,219 from the previous balance of $1,127,470. QuoteMedia's deferred revenue balance increased 63% from $209,708 to $341,357. Deferred revenue represents payments received in advance from customers that will be recognized as revenue in future quarters when the services are performed. The Company has significantly expanded their data offerings to include international market data, and much more comprehensive research information. Their new international data coverage allows the QuoteMedia to expand into the global market. Because of the large growth, the company has been required to…

WednesdayMay 16, 2007 4:22 am

Terra Nostra Resources, Corp. (TNRO.OB) – China’s Demand for Copper and Steel Surpasses the Rest of the World

Terra Nostra is well positioned in China, earning the title of being the 6th largest producer in China. With its existing and developing capacity of 170,000 Metric Tonnes of electrolytic copper, and its fully operational 230,000 Metric Tonne capacity stainless steel casting facility; the company paces itself in a very high position. By only meeting a small portion of the demand, the company is expected to earn over $1.4 Billion in the fiscal year ending May 2009. China’s demand for the two metals grew at an average of 9.67% from 1978 to 2006, while the rest of the world grew…

TuesdayMay 15, 2007 4:39 pm

Shares of Open Energy Corp. (OEGY.OB) Advanced Strongly Today – Up 30.77% as Company Announces Letter of Intent

Open Energy Corp. (OEGY.OB) and Suntech Power Holdings Co., Ltd., one of the world's leading manufacturers of photovoltaic (PV) cells and modules, reported the signing of a letter of intent for broad initiatives targeting the expansion of the Building Integrated Photovoltaic (BIPV) products sales of each company. Suntech will provide cost effective and high quality production for Open Energy's SolarSave® PV Tiles. The companies will market each other's broad portfolio of BIPV products within the North American market. Suntech will also have the right to acquire up to 5% of the outstanding shares of Open Energy as part of this strategic…

TuesdayMay 15, 2007 4:13 pm

Revenues Up Sharply at VIASPACE, Inc. (VSPC.OB)

VIASPACE Inc. (VSPC.OB) reported its financial results for the quarter ended March 31, 2007. Revenue for the first quarter of 2007 was $239,000, as compared with $113,000 in the same quarter of 2006, an increase of $126,000. Gross profit for the first quarter of 2007 was $36,000 compared with $8,000 for the comparable quarter of 2006. Commenting on first quarter results, Dr. Carl Kukkonen, CEO of VIASPACE said, "We believe that the restructuring of the convertible debenture completed in March 2007 into common stock is favorable to the Company as it removes debt from our balance sheet and converts it to…

TuesdayMay 15, 2007 1:32 pm

VIASPACE, Inc (VSPC.OB) Announces an Increase of 212% in First Quarter Revenue

After the bell, VIASPACE announced its first quarter financial results for the quarter ended March 31, 2007. VIASPACE reported $239,000 in revenue for this quarter compared to last year’s $113,000; a 212% increase. Gross profit also increased from last year. In 2006 it was $8,000 compared to $36,000 this year. Operating expenses were increased $634,000. $391,000 of the operating expenses was accounted for in research and development expenses. In March, the convertible debenture transaction was restructured by converting existing convertible debentures into common stock, allowing the company to receive $910,800 in additional cash proceeds. As a result of the restructuring, the Company…

TuesdayMay 15, 2007 1:05 pm

XsunX (XSNX.OB) Stock Rises After News of $41 Million Sale

Shares for solar cell technology innovator XsunX Inc. (OTCBB: XSNX) shot up this morning after the company revealed it had recently sold over $41 million worth of thin film equipment.According to a recent XsunX press release, the company has "entered into agreements" to deliver 25 mega-watts of thin-film photovoltaic production equipment - with a combined worth of more than $41 million - to Mexico-based energy company Lambda Energia S.A. de V.C. As a leader in producing solar cell equipment, XsunX is devoted to developing and commercializing innovative new thin-film photovoltaic (TFPV) solar cell technologies and manufacturing. After the news was…

TuesdayMay 15, 2007 1:05 pm

ReelTime (RLTR.PK) Snags VOD Rights to Two Production Houses

With the addition of World Wide Entertainment, Reeltime.com (RLTR:PK) has added all kinds of classic Hollywood films, children's titles and family movies - just to name a few genres - to its already vast library of videos available via the Internet.Reeltime offers the technology that allows viewers to watch DVD quality, streaming video on a PC screen or television, without the buffering present in other similar offerings. According to Reeltime executive Beverly Zaslow, adding the Australia-based World Wide Entertainment's library to Reeltime's offerings will mean users get more options in extreme sports, fashion, celebrities, science, space, nature, children's titles, family…

TuesdayMay 15, 2007 1:05 pm

NexTech (NXSN.PK), FAS Technologies Sign Merger Agreement

NexTech Solutions (Pink Sheets: NXSN) and FAS Technologies LLC, recently announced that the two companies would be merging into one by the end of 2007.According to a recent press release, this new company - which will be listed under the symbol NXSN, but go by the name NexTech-FAS - will work to benefit both the parent companies by broadening NexTech's range technology solutions and opening up more sales channels to FAS. Since the two companies already have greatly similar technologies and work in complementary industries, the merger is expected to be seamless. "We basically serve the same market," NexTech CEO…

TuesdayMay 15, 2007 11:48 am

StockGuru News: Apple Rush Earns Organic & Kosher Certs., ATO Show Highlights

Apple Rush Earns Organic & Kosher Certs., ATO Show Highlights RushNet, Inc. (OTC: RSHN) BLUE ISLAND, Ill.–(BUSINESS WIRE)–RushNet, Inc’s (RSHN.PK) Apple Rush division last week passed both its Organic and Kosher Certification inspections, allowing all its pre-sold orders to be released. Apple Rush Company personnel recently sampled Apple Rush at the All Things Organic (ATO) Trade Show in Chicago May 6-8. The heavily attended show was running concurrent with Grocery industry’s FMI and United Produce Shows, as well as the Spring Fancy Food Show, where buyers from all channels crowded the booth and showed major interest in both the bottle…

TuesdayMay 15, 2007 11:48 am

StockGuru Blog: Deep Blue Marine Going Into the Downed Ancient Sailing Vessels

Deep Blue Marine Inc. spent yesterday diving off their permitted site of the coast of Florida which is five miles long and 5000 feet wide and believed to have remnants of three different shipwrecks. The culprit which sunk what could potentially be three Spanish Galleons was and is a reef which runs from fifteen wide on top to 45 feet wide on the bottom of the reef and is a couple of hundred feet long. While in good weather sailors could have and would have steered clear of reefs, Caribbean storms and hurricanes often drove ships into treacherous territory and…

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Month: May 2007

QuoteMedia, Inc. (QMCI.OB) Reports Strong Revenue Growth for the First Quarter of 2007

Terra Nostra Resources, Corp. (TNRO.OB) – China’s Demand for Copper and Steel Surpasses the Rest of the World

Shares of Open Energy Corp. (OEGY.OB) Advanced Strongly Today – Up 30.77% as Company Announces Letter of Intent

Revenues Up Sharply at VIASPACE, Inc. (VSPC.OB)

VIASPACE, Inc (VSPC.OB) Announces an Increase of 212% in First Quarter Revenue

XsunX (XSNX.OB) Stock Rises After News of $41 Million Sale

ReelTime (RLTR.PK) Snags VOD Rights to Two Production Houses

NexTech (NXSN.PK), FAS Technologies Sign Merger Agreement

StockGuru News: Apple Rush Earns Organic & Kosher Certs., ATO Show Highlights

StockGuru Blog: Deep Blue Marine Going Into the Downed Ancient Sailing Vessels

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