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WednesdayJun 29, 2011 12:08 pm

Conforce International Inc. (CFRI) Gives Business Update on Its Operations

Conforce International Inc. is the developer of an innovative composite flooring system known as EKO-FLOR. EKO-FLOR has been engineered to replace the outmoded hardwood flooring currently employed by the transportation industry. It is significantly lighter, stronger and more durable than wood and has already yielded successful platform tests and over-the-road results. The company today announced that it has started commercial production of its proprietary EKO-FLOR composite floor trailer system at its manufacturing facility in Peru, Indiana. The company will begin 24/5 production from its proprietary manufacturing platform in mid-July. It expects to have built out 20% of its manufacturing capacity…

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WednesdayJun 29, 2011 10:51 am

Applied DNA Sciences Inc. (APDN) Video Chart for Wednesday, June 29, 2011

APDN is in a very interesting position that deserves some attention as the moving averages are all converging.  Support and resistance is defined as the indicators are trying to move into “bull mode,” but they will have to continue their upward movement to fully get there. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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WednesdayJun 29, 2011 9:29 am

Greenwood Gold Resources Ltd. (GGRI) Acquires Working Interest Option in Mining Property

Greenwood Gold Resources Ltd. announced that the company has purchased a working interest option in a mining property in Canada. The company believes that the property is prospective for gold and copper. Greenwood Gold Resources purchased a 100% working interest option in the Summer property, a 2,360 acre mining concession located in British Columbia, Canada. The option was purchased from Candorado Operating Company Ltd., an exploration mining company headquartered in West Kelowna, British Columbia. Greenwood Gold Resources said that the Summer property is located in the Quesnel Trough, a regional depositional belt that runs for hundreds of miles through British…

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WednesdayJun 29, 2011 8:31 am

Car Charging Group, Inc. (CCGI) to Celebrate Installation of EV Charging Stations in Union Station Parking Garage

Yesterday, Car Charging Group, Inc. announced that they and the Union Station Parking Garage will conduct an electric vehicle (EV) "plug-in" ceremony on Thursday, June 30, 2011 at 11 a.m. This is to celebrate the installation of EV charging stations in the Union Station Parking Garage. The event will take place on Level 1 of the parking garage. The Union Station Parking Garage is located at 30 Massachusetts Ave. NE, in Washington, D.C. The new charging stations constitute only the fourth public EV charging facility in the D.C. area. Following a car charging demonstration, attendees will have the opportunity to…

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TuesdayJun 28, 2011 3:10 pm

AdCare Health Systems, Inc. (ADK) Inks $38.5M Acquisition in-line with M&A Strategy

AdCare Health Systems, Inc., a leading senior living and healthcare facility management provider, today announced it will acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia and Tennessee for $38.5 million, representing the company’s largest acquisition thus far. Two of the facilities are to be purchased, nine leased, and four managed by AdCare. With an aggregate of nearly 2,000 beds, the facilities generate an estimated $93 million in gross annualized revenues, which are expected to be immediately accretive to AdCare’s earnings upon completion of the transaction in the fall. Including previously announced…

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TuesdayJun 28, 2011 2:17 pm

E-Waste Systems (EWSI) Announces Agreement to Purchase Computer Systems Solutions/CPU

E-Waste Systems, a leading provider of waste electric and electronic equipment processing services, announced that it has entered a definitive agreement to purchase Laptop Service Center, LLC d/b/a Computer Systems Solutions, a limited liability company based in Pennsylvania (“CSS”), and Surf Investments, Ltd. d/b/a CPU, a full life-cycle mobile computing resource. E-Waste Systems has of recent reorganized its operations to launch the process of creating a market-leading, integrated business in the fast paced Waste Electrical and Electronic Equipment (WEEE) industry, which targets businesses that are facing regulatory or other mandates to handle e-waste. EWSI expects to acquire a number of…

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TuesdayJun 28, 2011 1:16 pm

Tri-Tech (TRIT) Secures $20M Contract for Expansion of Water Treatment Plant in China

Tri-Tech Holding Ind., a China-based water treatment and odor/pollution control company, today announced it has been awarded the contract for the expansion phase of the water treatment plant for the City of Ordos, valued at approximately $20 million. This phase is a follow up to the initial contract the company received in 2010. Tri-Tech co-president Gavin Cheng noted that adverse winter weather conditions slowed the company’s construction efforts for the initial phase, which are now 70 percent complete. Cheng said the company’s ability to utilize its technology and project managers to combat the conditions earned the company the expansion phase…

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TuesdayJun 28, 2011 1:12 pm

Tivus, Inc. (TIVU) Moving from the Lab to the Market

Tivus is a unique and expanding hotel/hospitality industry technology company, providing feature-rich Internet-based television and cable programming, along with advanced hotel goods and services communication, even interactive games. The Tivus offering represents a completely integrated IPTV solution, combining television and the Web through unmatched IPTV/HDTV service, including Video-On-Demand. The system uses onsite hardware and software, together with ultra-modern flat screen televisions, to give guests a hotel entertainment experience like no other. Broadband connectivity to the Internet is through a proprietary Tivus Network Operations Center, which allows Tivus to monitor, protect, and track each customer transaction, maximizing user security while minimizing…

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TuesdayJun 28, 2011 12:47 pm

AdCare Health Systems, Inc. (ADK) Secures 15 Expert Nursing Facilities in US Southeast, Projects $268M Annualized Run-Rate, Up 400% from 2010

AdCare Health Systems, one of the leading care providers in the senior living and health care facility management, announced today signature of a definitive $38.5M agreement, whereby ADK will acquire, lease and become manager of a 15 location network of nursing facilities, staffed with highly skilled personnel. Located in Tennessee, Virginia and both Carolinas, this network of facilities represents some 2k beds and brings the total number of contract facilities under the Company’s control to 46. Impressive work by ADK, which began its mergers and acquisitions campaign back in the fall of 2009, subsequently amassing a small empire and culminating…

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TuesdayJun 28, 2011 12:44 pm

Sinovac Biotech (SVA) Commences Timely Phase II Clinical Trial for EV71 Vaccine Candidate

Sinovac Biotech Ltd., a leading provider of biopharmaceutical products in China, today announced it has initiated the phase II clinical trial for its proprietary inactivated vaccine against Hand, Foot and Mouth Disease (HFMD), which is caused by EV71. More than 90 percent of the reported cases of HFMD are reported in children age five and under. Though the disease is common and generally mild in severity, the company notes that in severe cases, HFMD is associated with neurological symptoms caused by EV71. In the company’s phase I trial, completed in May 2011, the company’s EV71 vaccine demonstrated good safety and…

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