Blog - Page 3494 of 5490

ThursdaySep 30, 2010 9:19 am

Security Federal Corp. (SFDL.OB) to Participate in United States Department of the Treasury’s Community Development Capital Initiative

Security Federal Corporation, the holding company for Security Federal Bank, announced yesterday that they were approved to participate in United States Department of the Treasury’s (the Treasury) Community Development Capital Initiative (CDCI). The CDCI was established by the Treasury to invest lower cost capital in Community Development Financial Institutions (CDFI). This is to support their efforts to provide credit to small businesses and other qualified customers during this challenging economic period. Participation in the CDCI will provide Security Federal Corporation with $4.0 million in additional capital, along with the $4.0 million from the sale of additional common stock, and lowers…

ThursdaySep 30, 2010 9:01 am

Derycz Scientific, Inc. (DYSC.OB) Reports 70% Revenue Increase for Fiscal Year 2010

Derycz Scientific, Inc., a company that deals in getting information and content from publishers to consumers, reported financial and operating results for the fiscal year ending on June 30, 2010 in a conference call on Sept. 28. The highlights included full year revenues increased 70% to $24.9 million, up from $14.7 million in 2009. Their net loss narrowed from $1.1 million to $307,000. Fiscal 2010 fourth quarter revenues increased 51% to $6.4 million from $4.2 million in the 2009 fourth quarter. "The past fiscal year was exceptionally rewarding for Derycz Scientific. We grew revenues by 70% while significantly expanding our…

ThursdaySep 30, 2010 8:51 am

China Pharmaceuticals, Inc. (CFMID.OB) Issues Reverse Stock Split to Gain Footing for Senior Exchange Listing

China Pharmaceuticals Inc., a leading manufacturer and distributor of prescription and over-the-counter pharmaceuticals in China, today announced it has effected a 1-for-3 reverse share split as of September 22, 2010. As such, a temporary “D” has been added to the end of the company’s ticker, CFMI; the letter will be removed 20 days after the share split becomes effective. The company said it has officially filed necessary amendments to the state of Nevada and FINRA for the reverse share split, which was enacted to better position the company for listing in the public market place. "Today's announcement further demonstrates to…

ThursdaySep 30, 2010 8:49 am

Shengtai Pharmaceutical, Inc. (SGTI.OB) Reports Fiscal 2010 Financial Results, Returns to Profit

Shengtai Pharmaceutical Inc. operates through its wholly owned subsidiary, Shengtai Holding Inc., to manufacture and distribute glucose and starch as pharmaceutical raw materials and other starch and glucose products in China. The company today reported its financial results for the 12 months ended June 30, 2010. Shengtai Pharmaceutical posted sales revenue for the fiscal year ended June 30, 2010, of $115.9 million, a 58-percent increase over sales revenue for fiscal 2009. The company attributes the increase in sales revenue to an increase in sales volume and selling prices. Net sales from exports for the fiscal year increased approximately 131 percent…

ThursdaySep 30, 2010 8:34 am

Applied DNA Sciences Inc. (APDN.OB) Video Chart for Thursday, September 30, 2010

The chart for APDN shows that the price per share is consolidating after a nice move, holding $.047 as support. As long as the support holds, it is on watch for another potential move upward. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

ThursdaySep 30, 2010 8:09 am

Uranium Energy Corp. (UEC) Makes Significant Move Forward with Permitting for Goliad ISR Project in South Texas

Uranium Energy Corp announced today that its Goliad In-Situ Recovery (ISR) Project in South Texas has made a major advance toward becoming permitted for production. The administrative law judge who presided over a public hearing regarding the Company's Goliad ISR Project in May of this year issued an initial Proposal for Decision (PFD) yesterday. The administrative judge recommended findings in favor of the Company on the vast majority of the issues from the hearing. In addition, he recommended that the Texas Commission on Environmental Quality (TCEQ) allow the submission of additional data to address limited remaining issues. Mid-2009, the TCEQ's…

ThursdaySep 30, 2010 7:52 am

eDoorways International Corp. (EDWY.PK) Builds Platform with Focus on Personalization and Collaboration

Regardless of their age or background, people have one thing in common when it comes to the internet, they want a personal experience. Gary Kimmons, president of eDoorways International Corporation, stated, "There has been a lot of talk recently about the emergence of a Web 3.0 which is the future of the internet. The problem is, people don’t understand what Web 3.0 is, but, they’re in for a real treat." eDoorways is a web-based consumer problem solving gateway, lifestyle information source, and online business-to-consumer marketplace designed to save consumers valuable time and money by uniting them with the global consumer…

ThursdaySep 30, 2010 7:16 am

National Automation Services, Inc. (NASV.PK) Announces Expansion into California

National Automation Services, Inc. ("NAS") announced this morning that it is expanding into California. The company also told investors that its acquisition growth strategy remains on track. Bob Chance, CEO of National Automation Services, stated, "Our focus on the California market for automation and controls projects over the past year has justified our expansion in the area. We are currently working with two Equipment Manufacturers designing and building their control systems. Also, we have been awarded, completed, and have pending contracts for public utilities in the Los Angeles area. Although we have opened an office in California, we are currently…

WednesdaySep 29, 2010 8:25 pm

Flagstar Bancorp Inc. (FBC) Video Chart for Wednesday, September 29, 2010

FBC is a NYSE financial play that is struggling along with many other companies in the financial sector. It is still on radar as it is once again tries to form a base and hold support. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdaySep 29, 2010 1:57 pm

Arkanova Energy Corp. (AKVA) Issues Operational Update

Arkanova Energy Corp. reported on the status of the company’s drilling activities at its oil and gas prospect in Montana. Arkanova Energy Corporation said that the company is currently drilling the horizontal portion of the Tribal-Max 1-2817 well. The well is located in Glacier County, Montana, at the Two Medicine Cut Bank Sand Unit. The Tribal-Max 1-2817 was drilled to a vertical depth of 3,579 feet and has now reaches a total measured depth of 5,238 feet. Arkanova Energy Corporation is targeting the Lower Cut Bank Sand formation at the Two Medicine Cut Bank Sand Unit. Arkanova Energy Corporation conducts…

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