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SundayMay 15, 2011 9:19 pm

BEFUT International Co., Ltd. (BFTI) Announces Financial Results

On Friday, BEFUT International Co., Ltd. announced their financial results for the third quarter of fiscal 2011 and nine months ended March 31, 2011. Revenue for the third quarter ended March 31, 2011 was $9.4 million, compared to $6.7 million for the third quarter ended March 31, 2010. Gross profit was $2.5 million for the three months ended March 31, 2011. This is in comparison to $1.7 million for the three months ended March 31, 2010. Operating income was $1.4 million for the three months ended March 31, 2011, compared to $1.0 million for the three months ended March 31,…

FridayMay 13, 2011 6:32 pm

Dynasty Limousine Inc. (DNYS) Releases Q1 2011 Financial Report and Information Statement

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has just released first quarter 2011 financial results. The period was the best first quarter since inception with revenues up 39% over Q1 2010, and a net operating margin of 31%. Additional increases were realized in several key areas disclosed in the full report. "2010 was a great growth year for Dynasty and this year is starting off in a very positive direction," said Pierce Fleming, Dynasty Limousine's vice president and chief financial officer. "Demand for our services is at an all time high…

FridayMay 13, 2011 4:41 pm

Prime Star Group, Inc. (PSGI) Lineup Expands to Kosher, Vegan Markets

Prime Star Group, Inc. recently announced the formation of Gourmet Fusion Foods as an extension of its Gourmet Fusion Seafood, Inc. operation. Gourmet Fusion Foods is set to serve up a line of kosher-vegan sliders. A small bun or biscuit-like sandwich a few inches across, a ‘slider’ is a favorite for parties and other gatherings. Sliders were first marketed by fast food chain White Castle as “Slyder™”, making the more generic term used by Prime Star easily recognizable to potential customers. Prime Star’s announcement underscores its entry into three potentially lucrative markets: sliders, kosher, and vegan. One research company, NPD…

FridayMay 13, 2011 2:40 pm

Advanced Voice Recognition Systems, Inc. (AVOI) to Pursue License Agreements and Advantageous Relationships via Speech Recognition Patents

Advanced Voice Recognition Systems, Inc. is a software development company headquartered in Scottsdale, Arizona, with an office in Mitchell, South Dakota. The company first introduced its speech recognition software and related firmware in 1994 at an industry trade show. Leveraging its portfolio of patents and patent-pending applications, Advanced Voice Recognition Systems intends to attempt to interest other companies in entering into license agreements or other strategic relationships, enforcing and defending its patents through infringement and interference proceedings, as appropriate. Speech recognition technology allows the conversion of speech into written text. Advanced Voice Recognition Systems’ technology focuses on improving speech recognition…

FridayMay 13, 2011 1:15 pm

Pro-Pharmaceuticals, Inc. (PRWP) Releases Financial Results for the First Quarter of 2011

Pro-Pharmaceuticals, Inc., a developmental stage company that engages in the discovery and development of therapeutics for cancer and other diseases, has recently released its financial results for the first quarter of 2011, which ended March 31, 2011. These results will be included in the Company’s Quarterly Report on Form 10-Q, which has been filed with the SEC. “This is an exciting new era for our company as we advance our galectin protein science into two indications with tremendous unmet medical needs. We are collaborating with The Ludwig Institute of Cancer Research in Brussels to expand the application of our galectin…

FridayMay 13, 2011 1:12 pm

Cono Italiano, Inc. (CNOZ) Pizza Cono Invades North America

A big part of the history of food has involved taking an existing idea and giving it a difference, making it tastier or more convenient. Fried potato slices turned into the potato chip, ground beef turned into the hamburger, and ice cream spawned the ice cream cone. The latest twist in the food evolution is the pizza in a cone, a concept appreciated by anyone who has rolled up a pizza slice to make it easier to eat on the run. Although there have been various attempts to roll up the pizza and make it easier to carry and eat,…

FridayMay 13, 2011 12:42 pm

Zaldiva Inc. (ZLDV) is “One to Watch”

Incorporated in 1997, Zaldiva Inc. is an entertainment and distribution company. The Company focuses their product orientation on the comic books and collectibles genre. This includes classic, pop culture, and modern memorabilia. Zaldiva Inc. has their headquarters in Ft. Lauderdale, Florida. The Company has an e-commerce website and portal (www.Zaldiva.com) that operates in conjunction with a series of ancillary websites and online auctions. The key areas of interest are entertainment, comic books, statues, action figures, graphic novels and collectibles. The Company’s pop-culture comic book related collectibles mainly include action figures, dolls, statues, die-cast vehicles, T-shirts, books, magazines, posters and lithographs,…

FridayMay 13, 2011 12:38 pm

Lightyear Network Solutions Inc. (LYNS) Posts 63% Earnings Growth with Narrowed Loss

Lightyear Network Solutions Inc., a provider of an array of telecommunications services to business and residential customers throughout North America, today posted its financial results for the first quarter 2011 ended March 31, 2011. The first-quarter results include Lightyear's acquisition of SouthEast Telephone, which was completed on October 1, 2010. Revenue was reported at $18.6 million for the first quarter 2011, up 65.3 percent from $11.3 million in the year-ago quarter. Gross profit increased 80.7 percent to $6.6 million. Gross profit margins increased 300 basis points for the quarter to 35.4 percent from 32.4 percent in the year-ago quarter. The…

FridayMay 13, 2011 12:11 pm

Algonquin Power & Utilities Corp. (AQN) Acquires Assets from Atmos Energy

Algonquin Power & Utilities Corp. owns and operates a diversified portfolio of $1.1 billion of clean renewable electric generation and utilities distribution businesses, such as water and natural gas, in North America. The company announced today that its Liberty Energy Utilities Company – a regulated electricity and natural gas distribution utility – has entered into an agreement with US-based Atmos Energy Corporation (NYSE: ATO) to acquire their regulated natural gas distribution utility assets located in Missouri, Iowa and Illinois. These utilities currently provide local natural gas distribution services to approximately 84,000 customers in these three states. The total purchase price…

FridayMay 13, 2011 9:24 am

Crimson Exploration Inc. (CXPO) Reports on Oil and Gas Activity

Crimson Exploration Inc. issued an operational update on the company’s oil and gas activities during the first quarter of 2011. The company is active in various basins in Texas and Colorado. Crimson Exploration reported the completion of two horizontal wells on its properties in San Augustine County, Texas. Both wells were located in the Bruin Prospect area, where the company has approximately 18,000 gross acres under lease. Crimson Exploration said that the first well was drilled to a total measured depth of approximately 18,300 feet and targeted the Bossier Shale formation. The well is producing at a rate of 8.9…

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