September 2010 - Page 27 of 31

TuesdaySep 07, 2010 10:20 am

Elecsys Corp. (ESYS) Reports Second Fiscal Quarter Results

Elecsys Corporation reported a large increase in revenue on a year over year basis in the second quarter of fiscal 2010, which ended 7/31/2010. The company attributed the increase to strong demand for both its existing and newly introduced products. Elecsys Corporation reported revenue of $5.2 million in the second quarter of fiscal 2010, compared to revenue of $3.6 million in the second quarter of fiscal 2009. Elecsys Corporation also improved its net income in the most recent quarter compared to the same quarter in fiscal 2009. Elecsys Corporation reported net income of $0.01 million, or $0.03 per diluted share,…

TuesdaySep 07, 2010 10:18 am

China North East Petroleum Holdings Ltd. (NEP) Reports Higher Second Quarter 2010 Sales

China North East Petroleum Holdings Ltd. reported a large increase in sales, and a strong profit in the second quarter of 2010. The improved results were due to a large increase in realized oil prices during the quarter. China North East Petroleum Holdings Ltd. had sales of $27.2 million in the second quarter of 2010, compared to $11.4 million in the same quarter of 2009. However, China North East Petroleum Holdings Ltd. reported an eleven percent decline in oil production from the company’s wells during the quarter. The company reported production of 198,776 barrels of oil, compared to production of…

TuesdaySep 07, 2010 9:59 am

Balqon Corp. (BLQN.OB) Signs Dealer Agreement with Beltway International

Balqon Corporation is a developer and manufacturer of zero-emissions, heavy-duty electric vehicle and drive systems. The company announced today that it has entered into a dealer agreement with Beltway International LLC, Maryland's largest full-service domestic and international truck dealer. Under the terms of the agreement, Beltway International has agreed to distribute Balqon's Nautilus XE20, a zero-emissions electric tractor powered by lithium-ion batteries, and Balqon's proprietary drive system technology. The Nautilus XE20 can tow up to 30 tons of cargo at speeds of up to 25 miles per hour. The tractor is designed for “in-terminal” operations to transport containers at facilities…

TuesdaySep 07, 2010 9:57 am

Revolutions Medical Corp. (RMCP.OB) Secures Major Agreement

Revolutions Medical Corporation is a company that investors are starting to take notice of. Located in Charleston, South Carolina, Revolutions Medical Corp. (RevMed) is an up-and-comer in the medical sector. Today, RevMed took a major step towards prominence with the announcement they have secured a binding 5 year agreement for the manufacture of the RevVac 3mi Auto-retractable safety syringe with the Medical Investment Group (MIG). Final documents of this agreement will be signed on or before September 17, 2010 with more specifics to come at the final signing. This agreement with MIG will fulfill this obligation through its relationship with…

TuesdaySep 07, 2010 7:57 am

Consorteum Holdings, Inc. (CSRH.OB) Completes First Stage of Testing Currency Conversion and Payment Initiative

Consorteum Holdings, Inc. this morning updated the investment community regarding the pilot program for the Company's first international payroll and multi-currency solution with UK based Blue Sea Manning Ltd. ("BSM"). The Company officially launched the solution in March 2010. Consorteum and BSM successfully completed the first stage of testing for deposits and currency conversions. The companies are now commencing stage two of this initiative, which includes introducing the program to BSM's remaining employees to ensure that the program continues to perform properly. The completion of this phase will enable larger scale deployment in the coming months. Craig Fielding, CEO of…

TuesdaySep 07, 2010 7:31 am

MedLink (MLKNA.OB) Secures Partnership with Thrasys, Inc., a Healthcare Information Technology Provider

MedLink, a healthcare IT company that provides the medical community with products and services designed to help create, manage, and share medical information, recently announced that the company has secured a partnership with Thrasys, Inc., a provider of next-generation health information technology and solutions. MedLink and Thrasys will market the cloud-based HIE platform to Regional Health Information Organizations (RHIOs) and large hospital groups as a solution for interoperability, and to provide cloud-based applications that leverage both technologies. MedLink and Thrasys have collaborated to provide interoperability and health record management based on SyntraNet from Thrasys, a cloudbased Health Information Exchange (HIE)…

SaturdaySep 04, 2010 2:22 pm

Exploration/Production Small-Caps, Market Psychology and You

Extracting from resource deposits – whether mining gold and other precious metals like silver, or metals essential to the energy sector like lithium and uranium – is a fundamental wealth creation mechanism in any economy. Let’s talk Real World Economics. Exploration and production, specifically in the small-cap sector, is where we separate the men from the boys and create the basis of all money. One needs look no further than kitco.com to see that gold alone, as a commodity, is arguably the historically most stable long-term investment/wealth protection vehicle in existence, up some $250 this year alone (30-day gold is…

SaturdaySep 04, 2010 2:17 pm

Stocks Trend Upwards on Jobs Data

Stocks continued to rise yesterday on moderate volume as people got ready to out for the long weekend on strength of a better-than-expected Labor Department report indicating 67k jobs added by private employers in August, 39% above the Thomson Reuters projected data. Chief economist at the Credit Union National Association, Bill Hampel, cited the 100k jobs figure as a comfortable floor however, projecting that it should even be over 150k to “feel confident we have a nice, sustainable recovery”. Institute for Supply Management data on the services sector indicated slowing growth on average expansion, disappointing expectations and reinforcing concerns about…

SaturdaySep 04, 2010 1:51 pm

Spicy Pickle Franchising, Inc. (SPKL.OB) Reports Solid Q2 Financial Data

Spicy Pickle, www.spicypickle.com – the adept “fast-casual” restaurant chain with a highly evolved product model that focuses on healthy/delicious Panini and sub sandwiches made of the finest quality meats and fresh baked artisan breads, reported its Q2 FY10 and six-month financials for the quarter ended June 30. Newly appointed CEO of SPKL, Mark Laramie, pointed to several factors underlying the solidity of the Company’s operational profile, including a strong board, its proven Spicy Pickle and Bread Garden Urban Café brands, and a robust network of franchise operators, as key elements enabling SPKL to navigate choppy economic seas. Laramie indicated that…

FridaySep 03, 2010 3:53 pm

Asia Pacific Wire & Cable (AWRCF.OB) Issues Update on First Half 2010, Posts Solid Numbers

Asia Pacific Wire & Cable Corporation Ltd., a leading manufacturer and distributor of telecommunications and power cable and enameled-wire products in the Asia-Pacific region, recently issued an update on its unaudited consolidated results for the first six months of fiscal 2010 ended June 30. The company reported strong momentum in the first and second quarters of 2010, fueled by solid demand for its products, primarily for its enameled wire and power cable. Revenue for the first half of 2010 was $210.9 million, up 39.9 percent from the first half of 2009. Gross profit was $25.6 million in the first half…

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Month: September 2010