Blog - Page 3196 of 5440

WednesdayJun 15, 2011 8:41 am

Laredo Oil, Inc. (LRDC) Signs Agreements on Enhanced Oil Recovery

Laredo Oil, Inc. reported that the company has signed multiple agreements with the Stranded Oil Resources Corporation to license and provide enhanced oil recovery services on selected oil properties. Laredo Oil utilizes the Underground Gravity Drainage method to recover oil from mature fields that have difficulty producing enough hydrocarbons to be commercially viable. This method consists of tunneling below existing reservoirs and drilling upwards into these deposits. The Stranded Oil Resources Corporation is a wholly owned subsidiary of Alleghany Corporation. The company is required under the agreement to provide capital to fund future expenses of the venture, and plans to…

TuesdayJun 14, 2011 5:18 pm

Voice Assist, Inc. (VSST) Enters Private Label Agreement with QOS Telecom, LLC

Voice Assist, Inc., a hosted speech service provider that offers cloud based speech recognition technology, announced that it has entered into a private label agreement with QOS Telecom, LLC. In par with the terms of the agreement, QOS Telecom will OEM Voice Assist’s speech services to provide for single voice user experiences to access video phones and mobile equipment. QOS Telecom expects to market its new speech based services in Canada, Asia, Africa, Europe, the Middle East, and in the U.S. “Voice Assist is pleased to be chosen by QOS as the enabler for a new generation of multi-media communication…

TuesdayJun 14, 2011 2:59 pm

Cono Italiano, Inc. (CNOZ) Product Targets Massive Food Market

When Cono Italiano got the production and distribution rights to Pizza Cono, a unique easy to carry cone-shaped pizza, popular in Europe but just now being introduced to North America, it became the latest purveyor of what has become one of the most popular foods in the entire world, and certainly in the United States. The numbers tell the tale: Over 3 billion pizzas are sold in the U.S. every year; there are over 60,000 pizza parlors in the U.S.; and over 90% of the American population ate a pizza in just the past month. Ironically, although many American food…

TuesdayJun 14, 2011 2:44 pm

Elbit Vision Systems Ltd. (EVSNF) Reports Q1 Results with Increases across the Board

Elbit Vision Systems Ltd. (“EVS”), a global provider of vision technology for automatic surface inspection and in-line quality monitoring systems, today announced its first quarter 2011 financial results for the three months ended March 31, 2011. Revenues for the first quarter of 2011 were $1.25 million, an increase of 262 percent compared to $0.48 million for the first quarter of 2010. Gross profit was $0.85 million, representing 68 percent of revenues, compared with a gross profit of $0.11 million for the first quarter of 2010. The company attributes the increase to restructuring efforts in June 2010. The company reported net…

TuesdayJun 14, 2011 12:27 pm

ChromaDex Corp. (CDXC) Provides New Investor Presentation; Outlines Strategy for Accelerated Growth

ChromaDex Corp. announced the release of its new investor presentation. The presentation can be found at www.investors.chromadex.com. Company President William F. Spengler will be presenting this business outlook at the Accredited Members investment conference today at the Hyatt Regency Denver Tech Center in Denver, Colorado. ChromaDex is implementing four key initiatives to drive growth and increase shareholder value: • Continuing to grow its legacy business in fine phytochemicals and contract services, • Fully commercializing pTeroPure® across multiple market channels such as dietary supplement, food & beverage, beauty & personal care, and pharmaceutical markets, • Aggressively growing revenues associated with BluScience™,…

TuesdayJun 14, 2011 12:22 pm

Optical Cable (OCC) Posts Positive Q2, FY 2011 Results

Optical Cable Corp. today announced financial results for its fiscal second quarter ended April 30, 2011, in which the company increased its net sales and gross profit. Total revenues for the second quarter of fiscal year 2011 increased 12.6 percent to $17.2 million compared to total revenues of $15.3 million for the comparable quarter of 2010. Second quarter 2011 gross profit increased 38.7 percent to $5.9 million as compared to $4.3 million in the second quarter of fiscal 2010. Gross profit margin, or gross profit as a percentage of net sales, increased to 34.6 percent for the second quarter of…

TuesdayJun 14, 2011 10:33 am

Tivus, Inc. (TIVU) Announces Partnership with InfoValue Computing for IPTV Middleware Solution

Tivus, Inc. just announced that it has entered into a strategic partnership with InfoValue Computing, Inc., a supplier of the leading edge internet protocol television (IPTV) middleware application solution. InfoValue Computing’s innovative technology will be integrated in the company’s HD IPTV entertainment system for the hotel/hospitality industry. Shiva Prakash, Tivus’ CEO, commented, “This new partnership provides us with ‘behind-the-scenes’ control of our in-room entertainment system on a real-time basis ensuring content is readily customizable and always up-to-date. InfoValue’s solutions enable us to manage many levels of guest menu customization, including on-the-fly editing, as well as interact with the hotel’s computer…

TuesdayJun 14, 2011 9:21 am

GameCorp Ltd. (GAIMF) Announces Intention to Significantly Reduce Ownership Position in InterAmerican Gaming Inc.

On Monday, GameCorp Ltd. announced that they intend to reduce significantly the Company's ownership position in InterAmerican Gaming Inc. (IAGM). At present, GameCorp Ltd. holds 30,662,600 common shares of IAGM representing an approximate 45 percent interest. In addition, IAGM owes GameCorp and their subsidiaries approximately $850,000. This debt will undergo restructuring once the new shareholders of IAGM determine how they will proceed in restructuring the company. The shares and the debt are currently valued on GameCorp Ltd.'s balance sheet at zero. The transaction will occur privately and the shares will sell to a group of investors led by Mr. Marc…

TuesdayJun 14, 2011 8:44 am

Is the QSTwit Community Following Your Tweets?

QualityStocks recently introduced QualityStocksTwits (“QSTwits”), a Web 2.0 site that collates Twitter’s investment discussions in real-time, enabling investors to track the web’s savviest investors as well as build their own following. QSTwits gathers data from Twitter on any company, big or small. With QSTwits, users can eavesdrop on what traders are talking about right now or contribute to the conversation and build their own reputation. It also allows anyone to search the Twitter universe for tweets relating to a particular stock and use Twitter’s features directly within the application. Investors will also be able to quickly see which stocks are…

MondayJun 13, 2011 4:16 pm

SPI Solar, Inc. (SOPW) and LDK Solar Co., Ltd. (LDK) Team up with KDC Solar to Power NJ, NY Projects

SPI Solar, Inc. today announced that it, along with its majority shareholder LDK Solar Co., Ltd., has inked a deal with KDC Solar in which SPI and LDK will be KDC Solar’s preferred EPC solar panel provider in New Jersey and New York. The 3-year agreement is valued at up to $750 million, and stems from a December 2010 agreement in which SPI was selected to build a project managed by KDC Solar. This project led to discussions between the two companies and ultimately led to the current agreement. KDC Solar’s current pipeline in the New Jersey market already exceeds…

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