FridayMay 14, 2010 12:16 pm

China Clean Energy, Inc. (CCGY.OB) Announces Preliminary First Quarter Financial Results

China Clean Energy Inc. is a producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources in China. The company today announced preliminary financial results for the first quarter ended March 31, 2010. The company net revenue in the first quarter was $10.7 million, up 283% from the first quarter of 2009. The increase in revenue was driven by an increase in volume and average selling prices for both specialty chemicals and biodiesel. Specialty chemical sales volume was up 227% year-over-year and average selling price was up 8% versus the same period last year. Biodiesel sales volume…

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FridayMay 14, 2010 9:19 am

New Energy Systems Group (NEWN.OB) Promotes New CEO

New Energy Systems Group, a young company, is a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems for mobile phones, laptops, digital cameras, MP3’s and a variety of other portable electronics. Today, New Energy took a major step towards enhancing their position in the electronic sector by promoting Nian Chen to the position of CEO. Chen has made a name for himself by serving as a Vice President of New Energy’s Anytone division. Chen is a co-founder of Anytone which was purchased by New Energy in December of 2009. During his time at…

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FridayMay 14, 2010 9:16 am

Dais Analytic Corp. (DLYT.OB) Announces First Quarter Financial Results

Dais Analytic Corp. is commercializing its nanotechnologies in applications for energy efficient heating and cooling uses, water cleaning for commercial and industrial purposes, and energy storage. The company today announced its financial results for the quarter ended March 31, 2010. Dais reported revenues of $407,312 – an increase of 158% from the $157,353 reported for the same period last year. Gross margins for the first quarter came in at 21.1%. In addition, accounts receivable on March 31, 2010 increased 223% to $606,551, while cash and cash equivalents stood at $1.044,971. Interest expense declined to $46,510 from $156,197 for the same…

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FridayMay 14, 2010 7:41 am

SOKO Fitness & Spa Group (SOKF.OB) Announces Opening Date of Its New Lea Spa Xishan Club in Suburban Beijing

SOKO Fitness & Spa Group, Inc., an operator of fitness centers and beauty salons and spas in Northeastern China and suburban Beijing, recently announced that the company has completed construction of its Lea Spa Xishan Club, the first spa facility in suburban Beijing located in the Xishan section of Beijing's Haidian district. The 15,000-square foot Lea Spa Xishan Club is scheduled to open on May 15, 2010. The spa features 13 treatment rooms, and will be offering a full range of high-end beauty and aesthetic treatments. Pre-opening activities for Lea Spa Xishan Club are already underway, with initial spa and…

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FridayMay 14, 2010 7:40 am

China Organic Agriculture, Inc. (CNOA.OB) Announces Financial Results for Year Ended December 31, 2009

China Organic Agriculture, Inc. announced their year-end 2009 financial results yesterday. The Company's Dalian Huiming subsidiary, which was acquired in October 2008, contributed significantly to revenue and operating results. Financial highlights for 2009 include revenue of $143.9 million, representing a 27.7 percent increase from $112.7 million in 2008. Gross profit for 2009 was $37.1 million, an increase of 46.1 percent compared to $25.4 million in 2008. This reflects an increase in sales and higher prices. The Company's gross profit margin increased to 25.8 percent in 2009 compared to 22.5 percent in 2008. China Organic Agriculture, Inc.'s revenue increase reflects their…

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ThursdayMay 13, 2010 2:17 pm

Strategic American Oil Corp. (SGCA.OB) is “One to Watch”

Trading on the OTC Bulletin Board, Strategic American Oil Corporation is an exploration and production company. They have operations in Texas, Louisiana, and Illinois, and have an internationally recognized team of geologists, engineers, and executives with extensive oil and gas exploration and production experience. Strategic American Oil Corporation has their corporate headquarters in Corpus Christi, Texas. They also have their Illinois Exploration Office in Mt. Vernon, Illinois. Strategic American Oil Corp.'s objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential. They have developed and implemented a multi-tier growth program.…

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ThursdayMay 13, 2010 2:08 pm

Taseko Mines Ltd. (TGB) Finds Profit All Around as Prosperity Project Finds Solid Advanced Funding

Timing is just about everything when the overall marketplace is a bit uncertain. What is not uncertain is a company that has solid cash flow, solid product sales and new projects on the horizon that are bought and paid for even before they begin. Finding a company such as this, and at a reasonable price, is the fairly safe way to profit when nobody is quite sure which way the market will turn. Taseko Mines Ltd., a minerals exploration, development and extraction company, works to find and exploit mineral deposits primarily in British Columbia, Canada. The company currently operates several…

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ThursdayMay 13, 2010 1:34 pm

Phoenix International Ventures (PIVN.OB) Awarded Order from U.S. Navy through Wholly Owned Subsidiary

Phoenix Aerospace Inc., a wholly owned subsidiary of Phoenix International Ventures, Inc., has been awarded a Basic Order Agreement to manufacture, repair, modify, or develop support equipment for both the U.S. Navy and U.S. Marine Corps. The order also includes Foreign Military Sales (FMS). The five year contract did not list specific dollar amounts, but does include six types of equipment as candidates to be purchased by the Navy. The contract also may be amended to include additional types of equipment to be purchased from Phoenix Aerospace continually for five years. Phoenix International recently disclosed revenues for the year ending…

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ThursdayMay 13, 2010 12:49 pm

Wavelink Corp. Teams Up with InfoLogix (IFLG) to Offer New Voice-enabled Mobile Platform for SAP Applications

Wavelink Corp. and InfoLogix, Inc. disclosed details yesterday regarding a new strategic partnership to add voice-enabled mobile solutions to SAP® customer’s warehousing and inventory management transactions, resulting in a hands-free work environment that combines the powerful voice features of the Wavelink® Speakeasy™ with IFLG’s proven SAP solutions to provide for dramatic improvements in accuracy, efficiency and safety while offering new ways to interact with existing SAP applications. The dynamic Speakeasy platform levels proprietary format and technology barriers with powerful, client-resident text-to-speech/speech-to-text engines, as well as fully automated voice capabilities which function irrespective of the applications, devices, network and server used…

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