EVRM has made a big rounded bottom and climbed nicely. A consolidation is happening and holding over the 200dma with the 50dma coming up for what appears to be a "Golden Cross" in the making. Technical traders are on alert for the break of $0.009 to take this stock back to pennyland. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:
Energtek is on the forefront of helping to solve oil consumption by the global motor vehicle market through the development and commercialization of advanced Adsorbed Natural Gas (ANG) Technologies that allow natural gas to be stored at low pressure or in higher quantities. The Company has refined the basic technology, which consists of using a porous material inside the storage vessel like activated carbon and has worked out several key technical challenges to making ANG readily implementable and commercially viable. Every internal combustion engine-based vehicle can burn natural gas; only a simple, inexpensive conversion is required. This makes EGTK’s storage…
American Oriental Bioengineering, Inc. issued an update on recent financial and operating events at the company. American Oriental Bioengineering, Inc. said that the company’s Board of Directors has approved the share buyback program announced recently by the company. The company now has the authority to repurchase up to $20 million of common stock over the next two years. American Oriental Bioengineering, Inc. has 78.6 million shares outstanding and estimates that the buyback would cover approximately 11.8 million shares using the current stock price. American Oriental Bioengineering, Inc. recently issued financial results for the 2010 fiscal year, and reported sales of…
On Friday, SAND Technology Inc. reported net income for the three months ended January 31, 2011 at $135,742 on revenues of $2,443,712. This is in comparison to a net loss of $27,951 on revenues of $1,924,251 for the three months ended January 31, 2010. SAND Technology Inc. is an international provider of data management software and best practices. SAND reported income from operations, before foreign exchange and interest, for the three months ended January 31, 2011 at $194,631. This is in comparison to income from operations, before foreign exchange and interest, for the three months ended January 31, 2010 of…
Cortex Pharmaceuticals Inc., a neuroscience company focused on novel drug therapies for treating psychiatric disorders, neurological diseases and sleep apnea, surged more than 21% to close at $0.15 today after the company announced its fourth-quarter and year-end results for 2010. The company reported a net loss applicable to common stock of $(984,000), or $(0.01) per share for the quarter ended December 31, 2010, compared with a net loss of $(1.59 million), or $(0.02) per share for the corresponding prior year period. For the fiscal year ended December 31, 2010, Cortex reported net income applicable to common stock of $(1.62 million),…
Senetek Plc reported that the company has closed on the acquisition of Iron Eagle Acquisitions, Inc., a mining company with assets in the western United States. The company intends to move forward with development of these properties as soon as practical. Senetek Plc issued 8.15 million shares of its common stock and acquired all the outstanding shares of Iron Eagle Acquisitions, Inc., which owns the Gray Eagle Mine in California, and the Iron Creek Property in Idaho. The Gray Eagle Mine is located in Siskiyou County, California, and consists of 344 acres of patented mining claims. The mine has historically…
Quest Diagnostics Inc., the world's leading provider of diagnostic testing, information and services, and Celera Corp., a pioneer in genetic diagnostics discovery and development, have entered into a definitive merger agreement in which Quest Diagnostics will acquire Celera for $8 per share, or approximately $344 million, net of $327 million in acquired cash and short-term investments. The companies noted that the transaction value may be reduced through the realization of a significant portion of Celera's available tax credit and net operating loss carryforwards and capitalized R&D, which totaled $117 million at the end of 2010. The deal was approved by…
Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic, today announced it has signed its first order to provide its Recycled Structural Composite (RSC) railroad ties (called sleepers in Australia) to Alcoa Fastening Systems, a subsidiary of Alcoa Inc. (NYSE: AA). Alcoa is one of the largest producers of aluminum in the world and using Axion’s recycled technology will help the leading company implement an environmentally friendly standard to its operations. “We are pleased to announce this new contract-win and look forward to working with Alcoa’s team as we complete our first…
CDC Software Corp., a hybrid enterprise software provider of on-premise and cloud deployments, posted its financial results for the fourth quarter and year ended December 31, 2010, and noted the fourth-quarter introduction of several new products and version upgrades for its core on-premise ERP, supply chain management and complaint management applications. Fourth quarter 2010 Non-GAAP net income was $5.7 million, or $0.20 in Non-GAAP earnings per share, compared to Non-GAAP net income of $10.8 million, or $0.37 in Non-GAAP earnings per share, in the fourth quarter of 2009. The company reported fourth quarter 2010 Adjusted EBITDA at $9.0 million, compared…
China Agri-Business Inc., through its operating company in China, Shaanxi Xinsheng Centennial Agriculture and Technology Company Limited, manufactures and sells non-toxic fertilizer, bactericide and fungicide products used for farming in China. Crops grown with the company's products are eligible to qualify for the “AA Green Food” rating given by the Chinese Ministry of Agriculture. The company today announced its plan for construction of a manufacturing and logistics center which will be located in Xi'an, China. China Agri-Business entered into a land leasing contract with Xi'an Shishang Weiyang Investment & Management to lease approximately 3.9 acres of land. China Agri-Business plans…
