May 2010 - Page 26 of 34

MondayMay 10, 2010 12:21 pm

National Automation Services (NASV.PK) Set For National Expansion

National Automation Services Inc., an automation and control systems integration company gearing up for both geographical and industrial expansion, is continuing its preparations to acquire a number of local and regional automation control service companies around the country. With its recent significant announcement that it has obtained an equity financing commitment of $5 million from Ascendiant Capital Group, LLC, a private equity firm, and its affiliate, Ascendiant Equity Partners, LLC, NASV has taken a major step in furthering that business plan. The financing agreement has a 24-month term, during which NAS may sell shares of its common stock to Ascendiant…

MondayMay 10, 2010 9:59 am

Novabay Pharmaceuticals Inc. (NBY) Sees Positive Results in Latest Anti-infective Product Data, Receives Milestone Payments from Two Licensing Partners

Product development cycles are an aspect of new product development that many investors fail to address as they go about assessing a company. Some years are "work" years while others find revenue growth from work performed years ago. An investor that can find and recognize when that revenue growth is about to happen is one that will profit. Novabay Pharmaceuticals Inc., a clinical stage specialty pharmaceuticals company, works to develop synthetic anti-infective products for in-hospital and out-patient applications. The company's latest product, based on synthetic N-chlorinated molecules, is showing solid progress in later stage development. These results could lead to…

MondayMay 10, 2010 9:24 am

Natural Gas Services Group, Inc. (NGS) Reports Lower Net Income But Sees Signs Of Business Improvement

Natural Gas Services Group, Inc. reported net income of $1.4 million in the first quarter of 2010, compared to net income of $3.8 million in the same quarter of 2009. The company reported earnings of $0.11 per diluted share in the first quarter of 2010, compared to earnings of $0.31 per diluted share in the first quarter of 2009. Natural Gas Services Group, Inc. also saw a drop in revenue on a year over year basis to $11.5 million in the first quarter of 2010, from $20 million in the same quarter last year. Natural Gas Services Group, Inc. blamed…

MondayMay 10, 2010 9:16 am

Pacific Blue Energy Corp. (PBEC.OB) Joins Forces with Builder of Solar Energy Projects

Pacific Blue Energy Corporation is a publicly traded solar energy company that seeks to build and manage large renewable energy products. Located in Phoenix, Arizona, Pacific Blue has gained a stellar reputation through their mission of maximizing shareholder value through select property acquisition, timely renewable energy facility construction and educated management on those projects. Today, Pacific Blue turned the corner in the future of their company with the announcement of a joint venture. The company that will work with Pacific Blue will be named later but has extensive experience in designing and building solar frames which will allow Pacific Blue…

MondayMay 10, 2010 7:54 am

Money4Gold Holdings, Inc. (MFGD.OB) Announces Signing of a Letter of Intent to Acquire Office Products Recycling Associates

Money4Gold Holdings, Inc. announced on Friday that they signed a Letter of Intent to acquire Kansas City, Missouri-based Office Products Recycling Associates (OPRA). The companies said that this proposed acquisition would move the combined company forward faster than either company could have developed new products and sales channels on their own. Office Products Recycling Associates is a 15-year-old recycler of cell phones, smart phones, inkjet printer cartridges, and toners. They have an extensive business-to-business (B2B) model as well as consumer model. This will increase Money4Gold's customer, channel, and product footprint. Doug Feirstein, MFGD's Chief Executive Officer, said, "Pursuing this acquisition…

MondayMay 10, 2010 7:51 am

GreenChek Technology, Inc. (GCHK.OB) Reports Results from Pilot Program

Friday, GreenChek Technology, Inc. reported that its emission-reducing device, ERD™ 3.0, is producing positive results in its pilot program. Currently operating in France, the device is performing well, exceeding the company’s 8% emission saving’s goal. Company representatives reported that GreenChek is expected to host independent European third party testing to finalize emissions reduction and fuel savings tests in approximately one to two months. These results should be pivotal to a widespread uptake of the ERD™-3.0 throughout Europe's trucking industry. The ERD 3.0™ offers a host of benefits, most notable its ability to be retrofitted to any vehicle, regardless of fuel…

MondayMay 10, 2010 7:50 am

Compass Diversified Holdings (CODI) Reports Loss Due Mostly To Non Cash Charge

Compass Diversified Holdings reported a net loss of $15.3 million, or ($0.44) per diluted share, in the first quarter of 2010. The company reported a loss of $42.2 million, or ($0.87) per diluted share, in the same quarter in 2009. Compass Diversified Holdings said that almost the entire loss in the first quarter of 2010 was related to a $14.4 million one-time non-cash charge because of a put accrual expense that the company was required to take. Compass Diversified Holdings reported cash flow available for distribution of $11.3 million in the first quarter of 2010. In the first quarter of…

MondayMay 10, 2010 6:36 am

General Environmental Management, Inc. (GEVI.OB) CEO Provides Special Shareholder Address

General Environmental Management Inc. announced early this morning the release of a company overview as presented by General Environmental Management, Inc. CEO Timothy J. Koziol. The “State of the Union” style communiqué provides current and prospective shareholders with a complete picture of where the company currently stands in its revised business model to expand from an environmental services only company to an enterprise that begins with the treatment and disposal of non-hazardous wastewater at its subsidiary, Southern California Waste Water (SCWW), and expands to include a full spectrum of environmental services. Chief Executive Officer of GEM Timothy J. Koziol began…

FridayMay 07, 2010 4:09 pm

Crocs, Inc. (CROX) Reports Higher Net Income And Revenue In First Quarter Of 2010

Crocs, Inc. reported net income of $5.7 million, or $0.07 per diluted share, in the first quarter of 2010. This was a vast improvement over the net loss of $22.4 million, or ($0.27) per diluted share, in the same quarter of 2009. Crocs, Inc. also reported a large increase in revenue in the first quarter of 2010. The company had revenue of $166.9 million, compared to revenue of $134.9 million in the first quarter of 2009. Crocs, Inc. said that revenue increased on a year over basis in all three of its distribution channels, including Wholesale, Retail and Internet. Revenue…

FridayMay 07, 2010 4:07 pm

RealNetworks, Inc. (RNWK) Reports Higher Net Income In First Quarter Of 2010

RealNetworks, Inc. reported net income of $3.2 million, or $0.05 per share, in the first quarter of 2010. The company lost $12.1 million, or ($0.12) per share, in the same quarter of 2009. Despite the rise in net income on a year over year basis, RealNetworks, Inc. saw a drop in revenue over the same time frame. The company reported revenue of $128.6 million in the first quarter of 2010, compared with $140.8 million in the first quarter of 2009. The management of RealNetworks, Inc. said that movements in foreign currency exchange rates benefited revenues in the first quarter of…

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Month: May 2010