May 2010 - Page 19 of 34

FridayMay 14, 2010 12:26 pm

mPhase Technologies, Inc.’s (XDSL.OB) mPower Emergency Illuminator and Power On Command™ Qualify for CE Mark

mPhase Technologies announced today that their flagship products, mPower Emergency Illuminator and Power on Command, have both passed the stringent safety tests required to carry the CE marking. The CE mark is a mandatory label that recognizes the product as having been testing and meeting the requirements of the European Union (EU) consumer safety guidelines. The passing of these tests allows both mPhase products to be sold in the Europe Economic Area, which includes members and non-members of the European Union comprising over 350 million consumers. mPhased used elite testing and certification companies to conduct third-party testing on their products…

FridayMay 14, 2010 12:21 pm

Nutrastar International (NUIN.OB) Posts Solid Q1 Results

Nutrastar International Inc., a leading nutraceutical company that produces and distributes Chinese Golden Grass and organic and specialty food products in China, today announced its financial results for the first quarter 2010, noting strong demand for its products and services as a driving force for positive results. The company posted a 2.7 percent increase in revenue to $4.77 for the three months ended March 31, 2010, from approximately $4.64 million for the same period in 2009. The company attributes the increase to higher sales of its Chinese Golden Grass, as well as the sales of its small package Chinese Golden…

FridayMay 14, 2010 12:18 pm

Fears of European Debt Fallout Continue to Worry Investors

Investors were forced to juggle conflicting news stories today, as reports of more violence in Greece, plus concerns that restrictions on European spending could affect recovery in the U.S., clash with the release of unexpectedly healthy retail sales figures. Earlier optimism about the ability of a massive financial bailout for Greece to keep the debt crisis from spreading is being pushed aside by concerns that it still won’t be sufficient. And now there are growing fears about a negative ripple effect that any European pullback in spending could have on the still fragile U.S. recovery. In direct contrast to all…

FridayMay 14, 2010 12:16 pm

China Clean Energy, Inc. (CCGY.OB) Announces Preliminary First Quarter Financial Results

China Clean Energy Inc. is a producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources in China. The company today announced preliminary financial results for the first quarter ended March 31, 2010. The company net revenue in the first quarter was $10.7 million, up 283% from the first quarter of 2009. The increase in revenue was driven by an increase in volume and average selling prices for both specialty chemicals and biodiesel. Specialty chemical sales volume was up 227% year-over-year and average selling price was up 8% versus the same period last year. Biodiesel sales volume…

FridayMay 14, 2010 9:19 am

New Energy Systems Group (NEWN.OB) Promotes New CEO

New Energy Systems Group, a young company, is a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems for mobile phones, laptops, digital cameras, MP3’s and a variety of other portable electronics. Today, New Energy took a major step towards enhancing their position in the electronic sector by promoting Nian Chen to the position of CEO. Chen has made a name for himself by serving as a Vice President of New Energy’s Anytone division. Chen is a co-founder of Anytone which was purchased by New Energy in December of 2009. During his time at…

FridayMay 14, 2010 9:16 am

Dais Analytic Corp. (DLYT.OB) Announces First Quarter Financial Results

Dais Analytic Corp. is commercializing its nanotechnologies in applications for energy efficient heating and cooling uses, water cleaning for commercial and industrial purposes, and energy storage. The company today announced its financial results for the quarter ended March 31, 2010. Dais reported revenues of $407,312 – an increase of 158% from the $157,353 reported for the same period last year. Gross margins for the first quarter came in at 21.1%. In addition, accounts receivable on March 31, 2010 increased 223% to $606,551, while cash and cash equivalents stood at $1.044,971. Interest expense declined to $46,510 from $156,197 for the same…

FridayMay 14, 2010 8:08 am

NXT Nutritionals Holdings, Inc. (NXTH.OB) Video Chart for Friday, May 14, 2010

NXTH has the appearance of a true bottom play. A quick base has been established and the indicators are looking for a reversal. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=397 Let us hear your thoughts below:

FridayMay 14, 2010 7:41 am

SOKO Fitness & Spa Group (SOKF.OB) Announces Opening Date of Its New Lea Spa Xishan Club in Suburban Beijing

SOKO Fitness & Spa Group, Inc., an operator of fitness centers and beauty salons and spas in Northeastern China and suburban Beijing, recently announced that the company has completed construction of its Lea Spa Xishan Club, the first spa facility in suburban Beijing located in the Xishan section of Beijing's Haidian district. The 15,000-square foot Lea Spa Xishan Club is scheduled to open on May 15, 2010. The spa features 13 treatment rooms, and will be offering a full range of high-end beauty and aesthetic treatments. Pre-opening activities for Lea Spa Xishan Club are already underway, with initial spa and…

FridayMay 14, 2010 7:40 am

China Organic Agriculture, Inc. (CNOA.OB) Announces Financial Results for Year Ended December 31, 2009

China Organic Agriculture, Inc. announced their year-end 2009 financial results yesterday. The Company's Dalian Huiming subsidiary, which was acquired in October 2008, contributed significantly to revenue and operating results. Financial highlights for 2009 include revenue of $143.9 million, representing a 27.7 percent increase from $112.7 million in 2008. Gross profit for 2009 was $37.1 million, an increase of 46.1 percent compared to $25.4 million in 2008. This reflects an increase in sales and higher prices. The Company's gross profit margin increased to 25.8 percent in 2009 compared to 22.5 percent in 2008. China Organic Agriculture, Inc.'s revenue increase reflects their…

ThursdayMay 13, 2010 2:17 pm

Strategic American Oil Corp. (SGCA.OB) is “One to Watch”

Trading on the OTC Bulletin Board, Strategic American Oil Corporation is an exploration and production company. They have operations in Texas, Louisiana, and Illinois, and have an internationally recognized team of geologists, engineers, and executives with extensive oil and gas exploration and production experience. Strategic American Oil Corporation has their corporate headquarters in Corpus Christi, Texas. They also have their Illinois Exploration Office in Mt. Vernon, Illinois. Strategic American Oil Corp.'s objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential. They have developed and implemented a multi-tier growth program.…

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Month: May 2010