May 2010 - Page 11 of 34

FridayMay 21, 2010 11:15 am

Richmont Mines Inc. (RIC) Finds Frugality and Prudence the Key to Solid First Quarter Returns

Occasionally a company will pop up that sends a message of some sort. On paper it appears solid and profitable but when considered a bit more closely sends a message of "what is happening here?" This is not a bad message in any way but one that causes an investor to wonder. These sorts of investments can be very profitable but are ones that bare closer scrutiny if a return is to be had. Richmont Mines Inc., a gold mining company, works to acquire, develop and exploit gold mining properties primarily in eastern Canada. The company holds primary interests in…

FridayMay 21, 2010 10:07 am

Tactical Air Defense Services (TADF.OB) Makes Major Acquisition

One company that is starting to capture the attention of investors on Wall Street is Tactical Air Defense Services, Inc. Today, Tac-Air took a major step towards enhancing its future with the signing of a letter of intent to acquire Tactical Air Support Inc. ("Tac-Air"), an Aerospace/Defense Services contractor that was founded by a group of former military instructors. The terms of the Letter of Intent will allow Tac-Air shareholders to receive approximately 46% of the outstanding post-acquisition shares of TADF stock. This is a major accomplishment for the young Tac-Air which has already won and successfully executed multiple Aerospace/Defense…

FridayMay 21, 2010 10:00 am

China Pediatric Pharmaceuticals (CPDU.OB) Posts Record First Quarter Results

China Pediatric Pharmaceuticals, Inc., China-based producer and distributor of pediatric medicines, has announced record first quarter results, including increased net sales, gross profit, and net income. Sales for the quarter ended March 31, 2010, were $6,708,892, an 87% increase from the same period last year. Gross profit increased by 69% to $3,799,354. Net income increased 86% to $1,467,449. Earnings per share increased by 70% to $.017. Revenue increase was attributed mainly to the increase in sales of the company’s popular “Cooer” Series of products, due to intensive promotion. A corresponding increase in promotional and advertising expenditures of around $438,000 resulted…

FridayMay 21, 2010 9:58 am

PLC Medical Systems, Inc. (PLCSF.OB) to Demonstrate Its Product at European Conference

PLC Medical Systems Inc. is a medical technology company specializing in innovative technologies for the cardiac and vascular markets. The company's newest product, RenalGuard, is approved for sale in the European Union as a general fluid balancing device. In addition, PLC has received Notices of Allowances for four of its patent applications associated with its RenalGuard technology from the US Patent and Trademark Office. The company announced today that it will demonstrate RenalGuard at EuroPCR, the annual meeting of the European Association of Percutaneous Cardiovascular Interventions (EAPCI), May 25-28, 2010, in Paris, France. More than 11,000 clinicians and professionals are…

FridayMay 21, 2010 9:51 am

Bio-Clean, Inc. (BOCL.OB) Video Chart for Friday, May 21, 2010

BOCL is in a symmetrical triangle pattern trying to come off the bottom. Look for the support to hold and the upper trendline of the triangle to be broken. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=402 Let us hear your thoughts below:

FridayMay 21, 2010 7:16 am

Anglo Canadian Oil Corp.’s (ACG.V) Board of Directors Appoints Director

Yesterday, Anglo Canadian Oil Corp. announced that their Board of Directors appointed Mr. Mason Douglas as a Director of the corporation. Mr. Douglas is a Director and President of Infrastructure Materials Corp., a U.S. junior mining enterprise that trades on the OTC Bulletin Board. Mr. Douglas received an MBA from the University of Saskatchewan in 2000. He received a Bachelor of Laws (LLB) from the University of Calgary in 2007. He is currently an inactive member of the Law Society of Alberta. Since 2001, he has operated as an independent consultant. He provides project management services to a variety of…

FridayMay 21, 2010 7:14 am

Aerosonic Corporation (AIM) Announces New Order for Aerodynamic Test Equipment from Hindustan Aeronautics Ltd.

Aerosonic Corp., a leader in aviation instrumentation and avionics equipment – including integrated cockpit displays, digital and mechanical standby displays, sensors and probes for commercial, business and military aircraft, recently announced that the company has received a contract to build complex air data test equipment for the overhaul division of Hindustan Aeronautics Ltd. This new contract will help the company’s global expansion with its growing air data test equipment product line and Angle of Attack sensor suite. Under the terms of the contract with Hindustan Aeronautics Ltd., Aerosonic Corporation will initially include hardware, software and training. This long-term contract will…

ThursdayMay 20, 2010 3:18 pm

Magellan Petroleum Corp. (MPET) Announces $15.6 Equity Agreement with Young Energy Prize

Magellan Petroleum Corp. recently announced a term sheet agreement with Young Energy Prize S.A. (YEP), outlining an agreement in principle for an additional investment of $15.6 million from YEP in Magellan. Currently, YEP owns approximately 27 percent of the outstanding shares of Magellan’s common stock; upon closing of the transaction announced, YEP will own approximately 33 percent of the Magellan’s Common Stock. Magellan’s president and CEO William H. Hastings said part of the equity will be used for its offshore work in Australia, with other portions contributing to various projects. “This is the first step in the financing process for…

ThursdayMay 20, 2010 3:16 pm

Solar Power Inc. (SOPW.OB) Inks Design and Construction Contract with BLT Enterprises

Integrated solar developer Solar Power Inc. today announced a contract with BLT Enterprises in which Solar Power will design and construct a 397 kW photovoltaic (PV) solar system for BLT Enterprises’ Fremont Recycling and Transfer Station (FRTS) in California. FRTS is responsible for the recycling and disposal needs for residents of Fremont, Newark and Union City, California. In 2009, FRTS recycled nearly 14,000 tons of material. Implementing Solar Power’s PV system with BLT’s current green initiatives will position it as one of the most environmentally friendly operations in the San Francisco Bay Area. “We are very pleased to be adding…

ThursdayMay 20, 2010 2:42 pm

International Isotopes Inc. (INIS) Reports Small Loss in First Quarter of 2010

International Isotopes Inc. reported a net loss of $1.2 million in the first quarter of 2010, which ended 3/31/2010. The company lost $0.60 million in the same quarter in 2009. International Isotopes Inc. attributed the higher net loss to increased expenditures on research and development expenses, and higher manufacturing expenses related to the conversion of facilities to other uses. International Isotopes Inc. reported that revenue in the first quarter of 2010 was $1.3 million, a 35% decline from the same quarter in 2009. The management of International Isotopes Inc. noted that a supply disruption in its nuclear medicine business segment…

Site Search

Company Search

Month: May 2010