March 2010 - Page 28 of 39

WednesdayMar 10, 2010 9:40 am

Standard Motor Products (SMP) Report Improved Profits In 2009

Standard Motor Products reported earnings from continuing operations of $0.4 million, or $0.02 per diluted share, for the fourth quarter of 2009 ending 12/31/09. The company lost $5.5 million, or $0.29 per diluted share, in the same quarter in 2008. Standard Motor Products also showed an improvement for 2009 results, reporting earnings from continuing operations of $5.9 million, or $0.31 per diluted share, for the year. In 2008, the company reported a loss from continuing operations of $21.1 million, or $1.14 per diluted share. Management attributed the improved showing to new contracts in several business lines, and a healthy aftermarket…

WednesdayMar 10, 2010 9:39 am

Lithium Corporation (LTUM.OB) Acquires New Lithium Project in Nevada

Lithium Corp., an exploration business based in Nevada devoted to discoveries of new, cleaner energy related resources, recently announced that the company has recently acquired an additional lithium brine prospect in north/central Nevada. The project was acquired through staking a 1280-acre parcel that covers an embayment of the Humboldt River Valley. Results from an exploratory sediment sampling, conducted in July/August 2009, showed samples in the south-central playa returning values consistent with the average 395 parts per million of lithium. The strong lithium values obtained indicate that this area may be quite prospective for brine hosted mineralization at depth. Lithium Corporation…

WednesdayMar 10, 2010 9:37 am

Rex Energy Corp. (REXX) Grows Reserves By 90%

Rex Energy Corp. reported a net loss of $4.6 million, or $0.12 per share, for the quarter ending 12/31/09. The company lost $40 million, or $1.10 per share, in the same quarter in 2008. REXX Energy reported proved reserves of 125.2 Bcfe at the end of 2009, up 90% from year-end 2008. These reserves were 45% natural gas, 49% oil, and 6% natural gas liquids. REXX Energy said that total production for 2009 averaged 16.1 million cubic feet equivalent per day, a 3% increase over 2008. Benjamin W. Hulburt, the CEO of Rex Energy Corporation, said, “It was a challenging…

WednesdayMar 10, 2010 8:56 am

WikiLoan, Inc. (WKLI.OB) Updates Investment Community with Shareholder Update

WikiLoan, Inc., operator of a financial social network, yesterday presented its history and progress to shareholders. CEO, Mr. Garibaldi stated, "Remember, Bill Gates, Michael Dell, Steven Jobs? – They all started out as the proverbial 'two guys in a garage' creating a business that they believed would transform antiquated models. We started out like them - Two guys in a 'garage', with a vision to replace an old platform with a 21st-Century one. We overcame tremendous obstacles, spent over $1 million and 20,000 man-hours, to create this new platform that we believe will take the lending business to its next…

WednesdayMar 10, 2010 8:34 am

Energtek Inc. (EGTK.PK) Advancing Natural Gas Technology

Energtek Inc. is leading the drive for the development and commercialization of what some are calling one of the most unique green energy technologies. It’s called Adsorbed Natural Gas (ANG), and it makes the use of natural gas, the cleanest burning of all fossil fuels, possible in ways not available before. It’s important to the environment because natural gas produces far less carbon dioxide, carbon monoxide, and nitrous oxides than any other fossil fuel. It’s also readily available, fairly evenly distributed throughout the world, especially in Asia where fast growing economies are energy hungry. The fact that these same countries…

TuesdayMar 09, 2010 4:53 pm

Newport Digital Technologies, Inc. (NPDT.OB) Announces Upcoming Presentation at RFID Journal Live! 2010 Conference

Newport Digital Technologies, Inc. announced earlier today that the company will exhibit at the RFID Journal Live! 2010 conference and exhibition, on April 14-16, at the Orange County Convention Center, in Orlando, Florida. RFID Journal Live! is the leading trade show for Radio Frequency Identification (RFID) solutions for business applications. According to the press release, Newport Digital will showcase its leading-edge N37B mobile computing device that features a secure protocol RFID chip and a total solution for applications in supply chain/logistics for manufacturing, retail packaging/consumer goods, aerospace defense and pharmaceutical/healthcare. “NPDT is thrilled to exhibit at The RFID Journal Live!…

TuesdayMar 09, 2010 3:03 pm

Citadel Broadcasting Corp. (CTDB.OB) Up Over 200% Following Mention in QualityStocks Newsletter

Citadel Broadcasting Corp. is currently trading at $0.05, after trading as high as $0.059 a share earlier today. The stock is up $0.025 a share, up 100 percent for the day. The strong upsurge in price occurred on massive volume of nearly 10 million shares, which is well above the normal daily volume of about 472,000 shares. Citadel Broadcasting was first mentioned in the QualityStocks FREE Daily Newsletter back on December 18, 2009. At that time, the stock was trading at only $0.0166 a share. Citadel Broadcasting is a pure-play radio company and is the third-largest radio broadcaster in the…

TuesdayMar 09, 2010 2:53 pm

Simulated Environment Concepts, Inc. (SMEV.PK) Has a Winner with SpaCapsule

Simulated Environment Concepts Inc. is the manufacturer of the award-winning, most advanced self-contained relaxation device in existence - the SpaCapsule. The SpaCapsule consists of a unique combination of aromatherapy and audiovisual relaxation techniques coupled with dry-water massage using the company's proprietary Pressure-Jet technology. The company's SpaCapsule is designed to be easily set up, used and maintained. It is built with long-lasting quality. The SpaCapsule also has an unprecedented warranty period in comparison to other commercial equipment. The warranty begins from the day of installation and extends for a full two years. And speaking of installation...the minute an order is placed…

TuesdayMar 09, 2010 2:48 pm

Green Energy Live Inc. (GELV.OB) Targets New Revenue Source in Solar Energy

One company that is on the move is Green Energy Live. Located in Wyoming, Michigan, Green Energy Live is engaged in developing sustainable biomass-to-energy conversion technology to meet a critical need for the U.S. $154 billion livestock industry and gain a stellar reputation on Wall Street in a relatively short period of time. Today, Green Energy Live announced that solar energy will be a new revenue source for the growing company through the execution of a letter of intent to acquire Peck Electric. Peck Electric is Vermont’s leading provider of electrical contracting services with their solar power system design and…

TuesdayMar 09, 2010 2:36 pm

Guanwei Recycling Corp. (GURC.OB) Doubles Suppliers, Customers Up 50%

Guanwei Recycling Corp., China’s largest recycled low-density polyethylene (LDPE) producer, which is German Environment Auditing Association-certified (allowing them access to high quality plastic waste from Europe), disclosed today that the Company has entered this year with twice as many suppliers and an increase of 50% in the number of its customers. Set to show FY 09 results this month, GURC picked up 90 new customers in 10 different industries in the second half of 09 due in large part to the rebounding Chinese economy – an increase most strongly represented among the Company’s new customers, who are building and infrastructure…

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Month: March 2010