FridayMar 26, 2010 11:38 am

NIVS IntelliMedia Technology Group Inc. (NIV) Posts Solid Q4 and FY Results, Leveraged by Innovative Products and Position in Chinese Market

NIVS IntelliMedia Technology Group Inc., an integrated consumer electronics company, today posted significant increases for the fourth quarter ended Dec. 31, 2009, driven by increased demand for the company’s intelligent audio and video products and its market expansion efforts. Net sales grew 47.2 percent to $62.7 million compared to $42.6 million for the fourth quarter of 2008. Net sales for the full year ended Dec. 31, 2009, were $185.2 million, a 29 percent increase compared to $143.6 million for the year ended Dec. 31, 2008. Income from operations during the fourth quarter was $12.5 million, a 220.5 percent increase compared…

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FridayMar 26, 2010 11:35 am

ForeverGreen Worldwide Corp. (FVRG.OB) Increases Profits while Lowering Costs

One company that has started to earn the attention of investors is ForeverGreen Worldwide Corporation. ForeverGreen has a global presence because of their development, manufacturing and distribution of an expansive line of all natural products. Today, ForeverGreen took a major step towards enhancing their future with the announcement they have completed its in-house fully functional information systems. The system that is taking ForeverGreen to the next level is internally known as the Commissioning and Sales System, or CASS. CASS will operate at a pace that coincides with the company’s individual needs as well as the economic times of the marketplace.…

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FridayMar 26, 2010 11:30 am

ARCA Biopharma, Inc. (ABIO) Receives Heart Drug Patent

These days it has been all about drug patents going off market. So, when a new patent for a heart drug comes along there is good reason to stand up and take notice. Company revenue may rise or the company itself may get bought. Large gains are certainly possible, but only if the product can make it to market. ARCA Biopharma Inc., a biopharma company directed toward developing and commercializing genetic oriented products designed to combat heart failure and other cardiovascular issues, has recently made great head way in its work and reconceived a US patent for its efforts. The…

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FridayMar 26, 2010 8:58 am

Artfest International, Inc. (ARTS.OB) Increases Revenues over 5000%

Artfest International, Inc., based in Dallas, TX, is focused on bringing together artists, investors, decorators, designers, private collectors and art galleries. They achieve this by not only using their corporate website, www.artfestinternational.com, but also through their subsidiaries, www.artchannel.tv and www.ArtChannelGalleries.com, to offer the most exciting product and rewards program in the history of direct sales marketing. Artfest announced yesterday that they increased revenues for the fourth quarter ending December 31, 2009 by 5,400 percent as compared to the same period in the prior year. Revenues for the quarter ending December 31, 2008 were $20,000. Revenues for the same quarter in…

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FridayMar 26, 2010 8:56 am

Cascadia Investments, Inc. (CDIV.PK) Announces Plans to Up-List to OTC Bulletin Board

Cascadia Investments, Inc., a company focused on developing and/or acquiring innovative Internet businesses, recently announced its plans to complete the process of becoming a fully reporting corporation with the Securities and Exchange Commission and move to the Over-the-Counter Bulletin Board. Cascadia’s principal objective is to create equity and long-term earnings for its shareholders through the acquisition and development of social media, gaming, and other web-based businesses. Due to the company’s recent success and attainment of qualifying milestones, Cascadia will up-list to the Bulletin Board in order to provide greater accountability and transparency for shareholders while potentially gaining additional access to…

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FridayMar 26, 2010 8:54 am

Apache Corp. (APA) Reports Successful Well in Egypt

Apache Corp. announced a successful well on its acreage under lease in the Faghur Basin in Western Egypt. The West Kalabsha I-1X well encountered 105 feet of net pay in the Safa formation. The well produced at a rate of 4,554 barrels of oil per day and 10.1 million cubic feet of natural gas per day during an initial test period. “This most recent discovery solidifies the Jurassic Safa as a primary objective in the basin. The well, on a structure identified by 3-D seismic, encountered pay in over 200 feet of total sand, demonstrating the potential size of Safa…

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FridayMar 26, 2010 8:53 am

Gastar Exploration Ltd. (GST) Reports Profit in Fourth Quarter Of 2009

Gastar Exploration Ltd. reported net income of $12.9 million, or $0.26 per share, in the fourth quarter of 2009. This was an improvement from the net loss of $10.0 million, or $0.24 per share, in the same quarter of 2008. Gastar Exploration Ltd. said that its net income was boosted in the fourth quarter of 2009 by a $17.8 million gain on the sale of its properties in Australia. In the fourth quarter of 2008, Gastar Exploration Ltd. recorded a $14.2 million non-cash charge for the impairment of natural gas and oil properties. Gastar Exploration Ltd. said that excluding these…

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ThursdayMar 25, 2010 2:28 pm

Cinnabar Ventures, Inc. (CNBR.OB) Introduces Next Generation “Yippy”

Cinnabar Ventures, Inc., based in Fort Meyers, FL, announced earlier today that the next generation of “Yippy”, V.90, is now available on their website. Yippy is the world's first family friendly cloud computing solution. To describe Yippy further, it is the world’s first fully-functioning virtual computer that operates on a cloud-based worldwide LAN. Tapping into Yippy means that virtually every computer, including PDA’s and notebooks can be accessed as if it were a computer terminal. By using Cinnabar’s Application Service Environment (ASE) or Web Operating System (OS), Yippy provides parents with a family friendly "cloud" environment. The announcement highlighted several…

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ThursdayMar 25, 2010 2:26 pm

CitySide Tickets, Inc. (CIST.PK) Executes Growth Strategy

CitySide Tickets, Inc., headquartered right next to Boston’s historic landmark, Fenway Park, is a one-stop-shop when it comes to obtaining tickets for your favorite event, whether online at the Company’s intuitive, state-of-the-art ecommerce website (CitySideTickets.com, which even allows visitors to sell their own tickets), or via toll free number: 1-800-ANY-SEAT. All of the biggest events in Music, Sports and Theatre are available, as well as special, hard-to-find events and performances, which means the Company has a clear advantage over larger entities within the market, like the newly formed Live Nation Entertainment – a result of the merger between two of…

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