April 2009 - Page 24 of 24

WednesdayApr 01, 2009 6:39 am

Dionics, Inc. (DION.OB) Recognizes 67% Increase in Profits; Sales Figures Rise 13%

Dionics, Inc., a semiconductor / micro-electronics manufacturer, announced before the bell today that it has filed its SEC Form 10K report for 2008. Management noted that this is the first on-time 10K report in six-years, reflecting the company's newly-acquired "current" SEC status. Bernard L. Kravitz, president of Dionics, Inc, commented, “In addition to now being current with our SEC reporting, we have also gained re-listing of our Common Stock on the OTC Bulletin Board. These moves should help us greatly in our near-term efforts to increase shareholder value.” Recognizing the company's 67% year-over-year profit increase, the resulting $.02 per share…

WednesdayApr 01, 2009 6:20 am

QuoteMedia, Inc. (QMCI.OB) Reports Another Year of Growth

Today, QuoteMedia, Inc. reported its financial results for the fiscal year ended December 31, 2008. Revenues for the year increased 31% to $7,276,980 compared to the $5,569,107 reported for 2007. As of December 31, 2008, the company had a cash balance of $536,624, a $179,308 increase from the amount reported for December 31, 2007. For six consecutive years now, QuoteMedia has reported significant revenue growth for every quarterly reporting period. “2008 was another strong growth year for QuoteMedia”, commented Robert J. Thompson, Chairman of the Board of QuoteMedia, Inc. “Even though global economic challenges and a significant weakening of financial…

WednesdayApr 01, 2009 5:17 am

Kraig Biocraft Laboratories, Inc.’s (KBLB.OB) Innovative Approach to the Technical Fibers Market

In a world where the value of a company is increasingly based upon its intellectual capital, Kraig Biocraft Laboratories appears to have a solid future. That’s because the Michigan-based biotechnology development company has a lock on a very good idea, an idea that could be the key to a market representing billions of dollars in estimated annual sales. The market is the resilient technical fibers market, currently controlled by Kevlar, DuPont’s super tough para-aramid synthetic fiber. Today Kevlar is used in body armor, bicycle tires, racing sales, audio equipment, buildings, and a host of other applications where the strength to…

WednesdayApr 01, 2009 5:07 am

When It Comes to IRAs, Know Your Limits

In recent years, IRAs have become the single largest vehicle for retirement savings in the United States. At the end of 2007, IRAs held $4.8 trillion in retirement savings, whereas employer-sponsored defined-contribution plans like the 401(k) held $3.5 trillion and defined-benefit plans (traditional pensions) held $2.3 trillion. As a retirement savings vehicle, the IRA has become more attractive with age. When IRAs were created in 1974, the annual contribution limit was $1,500. In 2009, workers can contribute up to $5,000 to all IRAs combined, and those 50 and older can contribute an additional $1,000 in catch-up contributions. Contributing the maximum…

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Month: April 2009

Dionics, Inc. (DION.OB) Recognizes 67% Increase in Profits; Sales Figures Rise 13%

QuoteMedia, Inc. (QMCI.OB) Reports Another Year of Growth

Kraig Biocraft Laboratories, Inc.’s (KBLB.OB) Innovative Approach to the Technical Fibers Market

When It Comes to IRAs, Know Your Limits

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