TuesdayJan 11, 2011 4:58 pm

STAAR Surgical Co. (STAA) Lines out Q4 2011 Expectations, Announces Regulatory Approval for Product Marketing in Japan

STAAR Surgical Company, a leading developer, manufacturer and marketer of minimally invasive ophthalmic products, today announced that it expects revenue for the fourth quarter ended December 31, 2010, to exceed $14.2 million. The company said it expects to announce its fourth quarter and full year 2010 results March 1, 2011. The company posted revenues for the full year at approximately $55 million, a 7-percent increase over 2009 revenues, driven by a 10-percent increase in revenues from its core ICL and IOL product lines. "Our estimated fourth-quarter revenues were driven by strong growth in the Visian ICL product lines, which achieved…

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TuesdayJan 11, 2011 4:06 pm

Flexpoint Sensor Systems (FLXT.OB) Sets Solid Expectations for 2011 Based on Momentum and Market Position

Flexpoint Sensor Systems Inc., a leading supplier of thin-film sensing technology for the automotive, medical, industrial and consumer products industries, today announced its anticipated milestones for this year. Flexpoint said it anticipates achieving several goals in 2011, including: • Execution of at least one long-term/multi-year production contract for the automotive industry • Development of additional products for a major automotive supplier • Execution of two more major production contracts with Fortune 500 Companies • Being cash flow positive this year with continued growth in profitability each quarter of 2011 • Ramping up of employees to include the ability to produce…

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TuesdayJan 11, 2011 3:12 pm

American Paramount Gold Corp. (APGA.OB) Reports Completion of Final Pre-Drilling Geophysical Analysis at Capgold Project in Nevada

American Paramount Gold, www.americanparamountgold.com – the adept exploration and development firm with a world-class geological team, took some time today to report completion of the CSAMT (controlled source audio magnetotellurics) geophysical survey on the Company’s high-grade Capgold project. James Wright, Geophysical Consultant to APGA and principal of respected Spring Creek, Nevada firm Wright Geophysical, managed the data collection and will be handling the analytical interpretation. A full report is expected by management any time now. Gold and silver mineralization at Capgold has already been shown in large zones of silicification which were readily identified by gradient array resistivity surveying and…

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TuesdayJan 11, 2011 3:09 pm

Zurvita Holdings Inc. (ZRVT.OB) Posts Solid Q1 FY2011 Results

Zurvita Holdings Inc., a direct-to-consumer network marketing company offering turn-key solutions for high-quality consumer and business products and services, today announced its financial results for the first quarter of the 2011 fiscal year ended October 31, 2010. For the first quarter of fiscal 2011, Zurvita posted a 5 percent increase in revenue to $1.3 million compared to $1.2 million reported for the first quarter of fiscal 2010. The company attributes the increase primarily to continued growth in administrative web site, advertising and energy commission revenue. Gross profit for the first quarter increased 624 percent to $431,000 compared to gross profit…

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TuesdayJan 11, 2011 3:06 pm

GeoResources, Inc. (GEOI) Announces 2011 Oil and Gas Capital Budget

GeoResources, Inc. issued an operations update and announced the company’s oil and gas exploration and development capital budget for 2011. The company has assembled prospective acreage in many different onshore areas in the United States. GeoResources, Inc. has 46,000 net acres under lease in the Williston Basin, where the company is working to develop the Bakken and Three Forks formations. The company has 37,000 acres located in Williams and Mountrail Counties in North Dakota and 9,000 acres in Montana. GeoResources, Inc. has 21,000 net acres of mineral leasehold that is prospective for the Eagle Ford Shale in Texas. The acreage…

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TuesdayJan 11, 2011 1:35 pm

National Automation Services, Inc. (NASV.PK) Serves a Diversified Client Base

National Automation Services Inc., rapidly solidifying its position as a national leader in advanced automation and control systems solutions, is using its growing portfolio of experience and project success to expand its industrial presence. The company’s industrial list continues to grow, with most clients currently in the following industries: water/wastewater, substation automation, motion control, delivery systems, semiconductor, and pharmaceutical industries. The focus and depth of National’s PLC and SCADA programming experience is significant, including both stand-alone and networked SCADA systems. The company has many sites with remote access and dial-out options, such as Web Pages, Software Alarm Dialers, and PC…

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TuesdayJan 11, 2011 12:51 pm

Axiologix Education Corp. (AXLX.OB) to Acquire E*pad Intellectual Property

Today before the opening bell, Axiologix Education Corp. announced that it has signed a letter of intent with Edumedia Software Solutions Corp. to acquire all the intellectual property of the E*pad software application. E*pad, an innovative, web based, electronic portfolio, and authentic assessment development application designed for students and educators, provides a research-based approach to structuring the collection, interpretation, and assessment of evidence about student learning. Although Axiologix is already the exclusive worldwide reseller of E*pad, the completion of this acquisition will eliminate the need to pay a margin for the resale of this product as the company will then…

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TuesdayJan 11, 2011 12:37 pm

Li-ion Motors Corp. (LMCO.OB) to Deliver Flagship All-Electric Vehicles to the Public

Li-ion Motors Corp., manufacturer of emission-free, all electric high speed, long range vehicles using the latest lithium-ion battery technology, announced that it will deliver two 100% electric cars to the public sometime this year. In the press release, Li-ion Motor's general manager Tom Zgoda stated the following: "How do you get more than 100 miles per gallon? Well, the first thing is to eliminate the gallon. Hybrid cars like the Prius and Volt are still rooted in a bridge technology still based on oil. Electricity is the real power infrastructure of this country and the world and it will eventually…

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TuesdayJan 11, 2011 12:21 pm

ERF Wireless (ERFW.OB) to Build Largest Terrestrial Wireless Network in Eagle Ford Shale Region

Earlier today, ERF Wireless announced that its wholly owned private subsidiary Energy Broadband Inc. has initiated broadband wireless services to the Eagle Ford Shale drilling operations of a new major worldwide independent oil and gas company. The company also told investors that it has initiated a new network construction project with the intent of blanketing the majority of the Eagle Ford Shale region with high-speed terrestrial wireless broadband. John Nagel, CEO of Energy Broadband, stated, "The Eagle Ford Shale region of South Texas is several hundred miles in length, extending from Victoria to the Rio Grande at the Mexican border.…

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TuesdayJan 11, 2011 12:00 pm

First-Ever Quarterly Profit Announced by Vibra Bank (VBBK.OB)

Vibra Bank offers a range of services to meet its customers' needs. A preferred lender for SBA (Small Business Administration) loans, its lending activities are focused on small businesses. The company's particular emphasis is on the Hispanic demographic in San Diego County. The company announced today its unaudited financial results for the year ended December 31, 2010, and the completion of its second full calendar year of operations, where it grew by 50%. The bank first opened its doors for business in July of 2008. For the quarter ending December 31, 2010, Vibra Bank reported a net profit of $51,000,…

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