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ThursdayMar 31, 2011 10:59 am

China Clean Energy Inc. (CCGY) Reports Financial Results and Updates Guidance

China Clean Energy Inc. reported strong year over year increases in sales and net income for the fourth quarter of 2010 and full year. The company also released guidance for 2011 on sales and operating income. China Clean Energy Inc. attributed the strong results to an increase in sales volume and average selling prices enabled by an increase in capacity and strong demand for its products. China Clean Energy Inc. reported sales of $18.1 million in the fourth quarter of 2010, compared to $4.9 million in the fourth quarter in 2009. Sales for all of 2010 totaled $59.0 million, compared…

ThursdayMar 31, 2011 10:57 am

CUI Global, Inc. (CUGI) Posts FY2010 Results, Record Revenues of $40M

CUI Global Inc., a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, along with its wholly owned subsidiaries, today announced year-end financial results for the year ended December 31, 2010. Net revenues increased 41 percent in 2010 to a record $40.9 million as compared to $28.8 million reported for 2009. The company reported a net loss of $7.0 million, a substantial reduction from $16.0 million in 2009 (as restated). The company attributes the net loss in 2010 primarily to interest expenses totaling $5.1 million and non-cash impairment expense of $3.5 million, as compared to $4.6…

ThursdayMar 31, 2011 10:55 am

Simulated Environment Concepts, Inc.’s (SMEV) SpaCapsule Hits the Gym

SpaCapsule, the flagship product of Simulated Environment Concepts, has long been known as the premier integrated massage and sensory stimulation system for addressing stress and body aches. It’s been distributed in so many countries around the world that the company now guarantees to provide the touch screen interface in virtually any language. But all of that is being eclipsed by the growing response generated from research conducted by Dermscan, the well-known French testing and efficacy verification laboratory. In an eye-opening study, the independent laboratory found that SpaCapsule is in fact a powerful tool in promoting weight loss, cellulite reduction, and…

ThursdayMar 31, 2011 9:02 am

UnionTown Energy Inc. (UTOG) Solidifies Terms of Definitive Agreement for the New Miami Property Acquisition, Plans Aggressive Drilling Campaign

UnionTown Energy, the North America-focused oil and gas developer reported consolidation of the material terms for a definitive agreement today whereby the Company will acquire the promising “New Miami” resource property. UnionTown has also issued a non-refundable $300k advance in conjunction with the move towards acquisition that will contribute to the eventual purchase price. The New Miami property in northern Montana rests within a tantalizingly prolific oil and gas district that has seen in excess of 300M barrels of oil and 500B cubic feet of natural gas to date, all produced within a 50 mile radius. This acquisition bears all…

ThursdayMar 31, 2011 9:00 am

Strong Sales Drive CHDT Corp. (CHDO) to Record Revenue

Deerfield Beach, Florida-based CHDT Corporation, a holding company generating revenue through its wholly-owned subsidiaries, recently announced that its subsidiary Capstone Industries, Inc. is kicking off 2011 with a massive surge in sales. Capstone has been serving the industry for more than ten years and specializes in the design, production, and distribution of consumer products as a supplier to major retail operations throughout North America and Latin America. Capstone develops and distributes unique and inventive products to a variety of channels including bookstore chains, convenience stores, drug & grocery, electronics, hardware, home improvement, internet, mail order, mass market, office supply, specialty,…

ThursdayMar 31, 2011 8:56 am

UnionTown Energy, Inc. (UTOG) Appoints Oil Veteran to Board of Directors

UnionTown Energy, Inc. announced the appointment of Al Radford to their Board of Directors. Radfor, a senior business executive, has a forty year career, a decade of which has been spent in the oil field service industry. UnionTown acquires and develops properties for oil and natural gas production, and is constructing a portfolio of assets in energy-production assets in oil fields through North America. This includes both known and producing oil fields. Currently Radford is the President of Formation Fluid Management Inc., which is publicly traded on the TSX Venture Stock Exchange. Before this, he was the General Sales Manager…

ThursdayMar 31, 2011 8:55 am

Millennium Pharmaceutical Becomes First Customer for Bioclinica’s (BIOC) New Product

Yesterday, Millennium Pharmacetical signed an agreement with BioClinica to become the first licensed customer for their new Enterprise Demand Aggregator (EDA) product. BioClinica and Millennium will work in conjunction in order to release the product more quickly. This will assist in Millennium's clinical trial supply planning. Millennium: The Takeda Oncology Company is a biopharm company located in Cambridge, MA. Millennium markets VELCADE, a proteasome inhibitor, as well as maintains a series of products in development. Millennium's commercial products are focused on oncology. BioClinica is a provider of clinical trial management solutions, supporting pharmaceutical and medical device development. BioClinica provides services…

ThursdayMar 31, 2011 8:46 am

Gryphon Gold Corp. (GYPH) Video Chart for Thursday, March 31, 2011

GYPH made a nice bounce after a sharp drop, but has given back some of the gains. Technical traders often expect a retrace after the initial bounce and will then look for a new higher low for the beginning of a possible upward trend. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdayMar 30, 2011 1:28 pm

Sandstorm Gold Ltd. (SSL) Completes Construction at Brigus Gold Corp.’s (BRD) Black Fox Mine, Announces US$9 Million Payment to Metanor Resources (MTO)

Sandstorm Gold Ltd. (SSL), a resource based company that focuses on completing gold purchase agreements with advanced stage project companies, recently announced that Brigus Gold Corp. (BRD) has finally completed its construction of the new underground infrastructure of its Black Fox Mine. Underground ore production has begun and is expected to exceed 250 tons per day (TPD) at the end of March 2011, reaching commercial production by April 2011 and 1,100 tpd by the end of this year. The expected increase in production is partly attributed to the new 1.1-kilometer ramp leading from surface to the 235-meter level underground, which…

WednesdayMar 30, 2011 1:02 pm

ProTek Capital, Inc. (PRPM) “One to Watch”

ProTek Capital is focused on bringing together public and privately held software companies, through direct investment or outright acquisition, in order to serve shareholders the optimal return on investment possible. Having recently changed the name and focus of the Company, PRPM is now eagerly pursuing the vision of constructing a world-class technology provider. The name change followed the sale of wholly-owned subsidiary Propalms Ltd. in a share exchange valued at $2.3M and consisting of 100M shares of NX Global, Inc. Consistent with the corporate strategy, the Board also approved a dividend to the Company’s shareholders, whereby shareholders received one restricted…

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