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MondayAug 08, 2011 12:16 pm

Second Quarter 2011 Results Announced by AutoInfo, Inc. (AUTO)

AutoInfo, Inc. is a transportation services company that operates in two business segments. The first segment is non-asset based transportation services which includes its brokerage and contract carrier services which are provided through a network of independent sales agents throughout North America. The second segment is agent support services which includes an array of services that the company provides to its agent network. The company today announced the results of its operations for the quarter and six months ended June 30, 2011. For the second quarter, AutoInfo reported gross revenues of $87 million versus $69.6 million in the year ago…

MondayAug 08, 2011 12:12 pm

Payment Data Systems, Inc. (PYDS) Sets Record for Transactions Processed in the Month of July

Payment Data Systems, an integrated electronic payments solutions provider, today announced that July's ACH (electronic check) processing numbers were the highest in the company's history. The company also said July’s credit card processing volumes were the highest of any month in 2011 and 2010. According to company data, last month's ACH transaction volumes rose 85% and ACH returned check transactions were up 144% compared to June of 2011. Credit cards dollars processed in July were up 26% over June of 2011 and up 64% over July of 2010. “Payment Data is currently enjoying unprecedented transaction growth for both ACH and…

MondayAug 08, 2011 12:07 pm

Trans-Pacific Aerospace Company, Inc. (TPAC) Announces Passing of Independent Testing

Trans-Pacific Aerospace Company, Inc. is a corporation on the rise. Located in San Marino, California, Trans-Pacific has quickly earned a stellar reputation in the business of designing, engineering and manufacturing self-lubricating spherical bearings for commercial aircraft. Today, Trans-Pacific announced spherical bearings from its China subsidiary have passed all independent laboratory testing under SAE Aerospace Standard 81820. The rigorous testing was conducted by Independent Testing Labs, Inc. in Costa Mesa, California and included tests for radical static limit road, axial static limit load, oscillation under radial load, no load rotational breakaway torque, fluid contamination, subzero temperature and bond integrity and peel…

MondayAug 08, 2011 11:32 am

Beacon Equity Research Featured Company: Westmont Resources, Inc. (WMNS)

Westmont Resources is an independent natural resource and development company headquartered in Bellevue, Washington. Westmont Resources is committed to significant growth as it pursues its strategy to combine and consolidate assets and companies in the oil and natural gas production and services sectors. The company’s emphasis is on the acquisition and operation of existing producing assets in the oil and gas industry. Obtaining peak efficiency and production from existing aging wells has become increasingly profitable as new technologies expand both the exploration possibilities and production of oil and gas. Chairman and CEO Bruce Fischer, PhD leads the company with over…

MondayAug 08, 2011 8:28 am

Scorpex, Inc. (SRPX) Selects Acadia Group to Prepare for its Audit

Scorpex, Inc. today announced it has engaged the Acadia Group to prepare its financials for a formal audit. The Acadia Group works with companies and their auditors to comply with the Securities and Exchange Commission’s reporting and filing requirements. After completing the audit, the company plans to file reports with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. “Audited financials are the first step towards preparing Scorpex for the next level of public disclosure. As a fully-reporting and audited company, our shareholders and future shareholders will be better informed and will see the value of…

MondayAug 08, 2011 8:14 am

Access Pharmaceuticals, Inc. (ACCP) Engages Edelman PR

Access Pharmaceuticals, Inc. recently hired public relations firm Edelman to increase public awareness of the company's new oral mucositis treatment MuGard. Oral mucositis, a disease that targets membranes of the mouth and gastrointestinal tract, is potentially debilitating. Houston, Texas-based Access Pharmaceuticals is a biopharmaceutical company that focuses on developing and marketing a series of proprietary products for the care of cancer patients. The company's product line includes MuGard, ProLindac (for treating ovarian cancer) and Thirabine (a new nucleoside). Access also produces the CobaCyte and CobOral drug delivery systems. Edelman is a PR firm with offices in 53 cities and 3,700…

MondayAug 08, 2011 8:11 am

Mobile Data Corp. (MBYL) Enters Into Letter Agreement with BEET Company Ltd.

On Friday, Mobile Data Corp. announced that they entered into a Letter Agreement with BEET Company Ltd. (BEET) to acquire certain assets from BEET for the development of an application to be used in a broad spectrum of social media initiatives. The scope of the application is confidential under the terms of the Letter Agreement. This is for Mobile Data Corp. to complete their due diligence and identify what resources are required to complete development and introduce the product to users of social media websites. The application is understood to be a natural fit for individuals or entities that use…

FridayAug 05, 2011 4:49 pm

Broadwind Energy, Inc. (BWEN) Announces Strong First Quarter with Doubling of Sales and Order Increase in Wind Towers and Gearing Segments

Broadwind Energy, Inc., supplier of solutions for the energy needs of the future, today announced that sales in the first quarter of 2011 were $43.5 million, which is approximately 100% greater than the $21.7 million reported for the first quarter of 2010. Broadwind Energy saw a huge increase in orders for production in the tower and gearing segments of its business. Broadwind specializes in the manufacturing of large and heavier wind turbine towers that are designed for 2 megawatt and larger wind turbines. Demand for tower sections drove sales to $28.2 million, up from $12.0 million a year ago. Further…

FridayAug 05, 2011 1:23 pm

Imperial Petroleum, Inc. (IPMN) Secures Diversified Energy Portfolio with Traditional Production

Given that Imperial Petroleum has one of the more forward-looking portfolios of any developing energy company, with interests in biodiesel as well as tar sands recovery technologies, it’s easy to overlook the company’s substantial stake in traditional oil and gas production. A major part of this effort is their interest in Coquille Bay Field, located in Plaquemines Parish, on the southeast tip of Louisiana. The field had been inactive for several years, and a new operating agreement was negotiated with the State of Louisiana by the previous operator, Royal-T Oil Co, Inc. Imperial assumed operations in January 2005 and successfully…

FridayAug 05, 2011 1:21 pm

Gulfmark Energy, Inc. (GMEI) to Drill First Eagle Ford Shale Well in Texas

Gulfmark Energy Group, Inc. is an early-stage oil and gas exploration and development company. Its current focus is on developing the 4,200+ acres of shallow oil production in Zavala County, Texas coupled with the drilling of several Eagle Ford shale wells. The company today announced that its wholly-owned subsidiary, Gulfmark Resources Inc., has filed for drilling permits with the Texas Railroad Commission. Gulfmark intends to drill its initial test well on its 4,261 acre Kiefer Lease in Zavala County, Texas upon permit approval. The Kiefer Lease is situated in the northwestern portion of the Eagle Ford shale trend in the…

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