ThursdayAug 19, 2010 7:28 am

Public Media Works (PUBM.OB) Signs Contract to Place DVD and Game Kiosks in Up to 7,000 Locations

Public Media Works, Inc. announced yesterday that through its wholly-owned subsidiary, EntertainmentXpress, Inc., it has agreed to terms with Modular Conversions, LLC to place up to 7,000 DVD movie and game kiosks in new convenience stores as major oil company-sponsored gas station conversions are completed over the next three years throughout the United States. Modular Conversions, an industry-leading construction management services firm that works with major oil companies, created the turnkey concept for the “C-store” conversions. The interior conversions include the EntertainmentXpress DVD kiosk as part of the proposed package. The initial phase of the project includes a commitment of…

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ThursdayAug 19, 2010 7:25 am

UniTek Global (UGLB.OB) Posts Q2 Results, Reflecting 53% Increase in Revenue

UniTek Global Services Inc. yesterday posted its financial results for the second quarter ended July 3, 2010. The company reported revenue at $105.8 million, up 53 percent from the $69.2 million reported for the comparable period of 2009. Of total revenue, $10.5 million of this increase is attributable to organic growth in the company’s fulfillment segment, as well as to acquisitions completed in the fourth quarter of 2009; the remaining revenue of $25.4 million reflects operations of Berliner, which are included in consolidated results since the merger on January 27, 2010. Gross profit from continuing operations for the second quarter…

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WednesdayAug 18, 2010 3:32 pm

AlumiFuel Power Corporation (AFPW.OB) Subsidiary Designs New Cartridge for Growing Global UUV Market

AlumiFuel Power Corp.'s wholly-owned subsidiary AlumiFuel Power, Inc. is a dynamic energy company positioned on the cutting edge of an emerging hydrogen economy with its highly localizable fuel cell systems. The subsidiary reported today the successful development of a new cartridge design for applications in UUVs (unmanned undersea vehicles). The newly engineered design can produce 1k liters of hydrogen in 20 minutes (akin to the cartridges used in the PBIS-1000 portable balloon system) but with a long duration release rate making it ideally suited for the UUV applications demanded by the surging global UUV market. Projections of $12B within a…

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WednesdayAug 18, 2010 3:28 pm

Regenicin, Inc. (WDSTD.OB) Secures Licensing for Revolutionary New Skin Replacement Technology

Regenicin, even though still in the development stage, is already a promising biotech pioneer in next-gen skin substitutes via tissue engineering workflows. In fact, today the company reported the acquisition of a worldwide license to a proprietary technology which constitutes the aforementioned workflows. The technology, formerly controlled by Lonza Walkersville, a subsidiary of Lonza Group Ltd., will pass to Regenicin with the payment of an initial $3.25M obligation, as required by the licensing agreement, and can be deployed to treat burns, chronic wounds and a host of other plastic surgery operations where skin remediation is essential. CEO of WDSTD, Randall…

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WednesdayAug 18, 2010 3:24 pm

BSD Medical Corp. (BSDM) Receives FDA 510(k) Clearance to Market MicroThermX Microwave Ablation System

BSD Medical Corp. develops, manufactures, markets and services systems to treat cancer and benign diseases using heat therapy delivered using focused radiofrequency (RF) and microwave energy. The company's product lines include systems to treat cancer that have been in use for several years in the United States, Europe and Asia. BSD Medical announced today that the US Food and Drug Administration (FDA) has granted the company a510(k) clearance to market its MicroThermX Microwave Ablation System (MTX-180) for ablation of soft tissue. The MTX-180 was designed to provide a higher power, optimized system targeted to the growing therapeutic interventional and surgical…

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WednesdayAug 18, 2010 12:07 pm

Increasing Demand for Uranium a Boon for Uranium Energy Corp. (UEC)

The BP oil spill in the Gulf of Mexico has once again focused attention on alternative energy sources. One such alternative energy is nuclear energy, which is a major player globally in the production of electricity. Of course, the fuel which powers nuclear reactors is uranium and demand for uranium is rising globally. One company striving to meet that demand is Uranium Energy Corporation. Uranium Energy Corporation is on the cutting edge of uranium development in the United States. It hopes to spark a revival in the US uranium industry which has been dormant for 18 years. The company controls…

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WednesdayAug 18, 2010 11:59 am

Rand Worldwide and Avatech Solutions (AVSO.OB) Merge Operations to Expand Market Reach and Boost Solution Offerings

Rand Worldwide Inc., a global leader that provides technology solutions to organizations with engineering design and information technology requirements, and Avatech Solutions Inc. (AVSO.OB), a national leading professional services companies for design and engineering technologies, today announced their reverse merger deal. Intending to change the corporate name to Rand Worldwide Inc., the resulting combined company said it will seek a new OTC Bulletin Board symbol to reflect the merger. The combined company offers advanced solutions to organizations to better design, develop and manage building, infrastructure and manufacturing projects. Such clients include Fortune 500 and Engineering News Record's Top 100 companies.…

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WednesdayAug 18, 2010 10:53 am

China TMK Battery Systems Inc. (DFEL) Reports Second Quarter of 2010 Financial Results

China TMK Battery Systems Inc. reported large year over year increases in sales and net income for the second quarter of 2010 ending 6/30/2010. China TMK Battery Systems Inc. reported sales of $16.8 million in the second quarter of 2010, compared to $11.4 million in the corresponding quarter of 2010. China TMK Battery Systems Inc. earned net income of $2.3 million, or $0.06 per diluted share, in the second quarter of 2010. The company earned $1.8 million, or $0.07 per diluted share, in the second quarter of 2009. China TMK Battery Systems Inc. said that the lower earnings per diluted…

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WednesdayAug 18, 2010 10:51 am

Cubic Energy Inc. (QBC) Issues Oil and Gas Operations Update

Cubic Energy Inc. issued an operations update on the company’s oil and gas exploration and development activities in the United States. Cubic Energy Inc. reported that it has begun drilling the Crow 8 No. 1 well located in Louisiana. The company is working on the vertical portion of the well, and has set casing at a depth of approximately 2000 feet. Cubic Energy Inc. said that the Crow 8 No. 1 well is located on the company’s Bethany Longstreet acreage in Caddo Parish, and the company has a twenty four percent working interest in the well. This was the second…

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