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FridayMay 06, 2011 9:47 am

Dune Energy, Inc. (DUNR) Reports Financial and Operations Update

Dune Energy, Inc. issued financial results for the first quarter of 2011, and also updated shareholders and investors on its oil and gas operations for the quarter. Dune Energy, Inc. reported total production of 1.7 billion cubic feet of natural gas equivalents on the first quarter of 2011. This production was composed of 140,000 barrels of oil and 820 million cubic feet of natural gas. In the same quarter in 2010, Dune Energy, Inc. reported total production of 1.9 billion cubic feet of natural gas equivalents, with 151,000 barrels of oil and 990 million cubic feet of natural gas. Although…

FridayMay 06, 2011 9:46 am

ALR Technologies, Inc. (ALRT) and Mantra Healthcare Solutions Launch ALRT Health-e-Connect System

Yesterday, ALR Technologies Inc. announced an agreement with Mantra Healthcare Solutions to produce the Health-e-Connect System. This will be effective starting June 1, 2011. The Health-e-Connect System is a web-based application designed to help medical professionals care for diabetes patients while the patients are at home. This is accomplished by improving compliance, communication and feedback. Eventually the system will be expanded to cover patients who suffer from other chronic diseases. ALR Tech is focused on creating products for the emerging field of Chronic Disease Management which is based around patients using their products in-home. ALR Tech developed the Health-e-Connect system.…

FridayMay 06, 2011 9:36 am

Sunesis Pharmaceuticals Inc. (SNSS) Video Chart for Friday, May 6, 2011

SNSS looks to be trying to turn after having a rough start to this week. The lower indicators are staying bullish with support in the area of $2.35 and firm resistance at $2.80. Notably, the chart shows a good technical example of a pattern within a larger pattern. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayMay 06, 2011 8:09 am

DUSA Pharmaceuticals (DUSA) Posts Higher Earnings, Wider Net Loss

DUSA Pharmaceuticals Inc., a dermatology company that is developing and marketing Levulan® Photodynamic Therapy (PDT) and other products focused on patients with common skin conditions, reported a 27 percent increase in first-quarter revenues. “We are off to a great start in 2011,” Robert Doman, president and CEO of the DUSA stated in the press release. “Continued growth of our core domestic PDT revenues, as well as record gross margins, drove significant year-over-year improvement in our non-GAAP profitability and cash flow.” Total product revenues for the first quarter were $11.1 million, up 27 percent from $8.7 million in the first quarter…

FridayMay 06, 2011 8:08 am

Sonora Resources Corp. (NATC) Offers Progress Update on Mexico Exploration Program

Sonora Resources Corp., a Las Vegas-based company focused on acquisitions and exploration of international silver and gold mining properties, recently issued an update on its work on a comprehensive series of ground based IP, magnetometry, and radiometric surveys at the company’s Los Amoles property in the State of Sonora, Mexico. The company said the location has a history of previous mapping and reconnaissance-style sampling, as well as historic data that suggests the region may have epithermal silver-gold deposits of interest. “We are extremely encouraged by the progress being made within our overall exploration program at Los Amoles,” Juan Miguel Ríos…

FridayMay 06, 2011 5:16 am

Applied DNA Sciences, Inc. (APDN) Announces Launch of SmartDNA Technology

Applied DNA Sciences, a leading provider of DNA-based security solutions, reported yesterday the successful launching of the Company’s revolutionary SmartDNA™ technology in Sweden via a country-wide collaborative effort which brought together the Swedish National Police, Sweden’s national forensics laboratory SKL and massive Swedish insurance provider Safe Solution. Eight different Swedish jewelry stores have installed some 15 SmartDNA units; these unique and patented security systems use botanical DNA to offer a completely new and extremely effective way for everything from stores and banks to ATMs and homeowners to easily mark criminals for easy identification by authorities. The system uses a special…

FridayMay 06, 2011 5:07 am

Zynex Inc. (ZYXI) Posts Q1 36% Earnings Increase, Reaffirms Q2 Guidance

Zynex Inc., a provider of non-invasive medical devices for electrotherapy and stroke rehabilitation, neurological diagnosis and cardiac monitoring, yesterday posted a 36% increase in first quarter 2011 earnings. Net revenue of $6.63 million is an increase of 36 percent compared to $4.87 million for the quarter ended March 31, 2010. The company attributes the increase to its aggressive expansion efforts, including the addition of 18 new domestic sales representatives. Gross profit was $5.18 million compared to gross profit of $3.78 million reported for the first quarter of the year prior. The company reported a first quarter net loss of $110,000…

ThursdayMay 05, 2011 10:23 pm

Mountain Province Diamonds Inc. (MDM) Updates Mining Operations in Canada

Mountain Province Diamonds Inc. issued an update on its mining operations in Canada where the company is prospecting for diamonds. Mountain Province Diamonds Inc. is involved in a joint venture with De Beers Canada Inc. at the Gahcho Kué Project located in the Northwest Territories. The project is approximately 74,000 acres and is held by the joint venture through a 21 year renewable lease. Mountain Province Diamonds Inc. reported that an update of a previous evaluation study at the Gahcho Kué Project placed a 40% higher valuation on the resources recovered from the site. The update was based on higher…

ThursdayMay 05, 2011 4:14 pm

MissionIR Breaks 10,000 Milestone on Facebook; Nears 50,000 Followers on Twitter

MissionIR is excited to announce that in just three months of establishing a presence on Facebook, it has gained over 10,000 Facebook friends. Through its social media accounts, MissionIR provides the latest market news as well as links to in-depth articles on promising companies trading on the AMEX and NASDAQ Exchanges. A spokesperson for MissionIR, stated, "Since the beginning our main goal has been to connect the investment community with companies that have great potential and a strong dedication to building shareholder value. Obviously the demand for an IR service that puts investors first is very strong and we continue…

ThursdayMay 05, 2011 3:34 pm

Imperial Petroleum Inc. (IPMN) is “One to Watch”

Imperial Petroleum Inc. is a diverse energy resource company headquartered in Evansville, Indiana with satellite offices and contractors in key markets like nearby Middletown, as well as Austin, Texas and Tulsa, Oklahoma. The Company operates in the oil and gas sector via Texas-based IPT Oil Company and Double Eagle Petroleum Corp., as well as through Hillside Oil & Gas LLC in Louisiana (Double Eagle and Hillside are affiliates who retain their own bonding). The Company has a diverse family of five wholly-owned subsidiaries and has seen revenues soar since the recent acquisition of e-Biofuels, LLC, an innovative biofuel producer which…

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