TuesdayDec 14, 2010 3:56 pm

Ardent Mines Ltd. (ADNT.OB) Acquires Mineral Rights in Tanzania

Ardent Mines Ltd. reported that the company has signed an agreement to explore and develop gold resources at a project in Africa. The company did not disclose the price paid for the mineral rights. The agreement permits Ardent Mines Limited to explore for gold on the Shenda License, a ten square mile property located in Tanzania. The company estimates possible gold resources at between 500,000 and 1,000,000 ounces. Ardent Mines Limited signed the agreement with Afrocan Resources Ltd., a Canadian mining company, and owner of the Capri General Trading Company Ltd. Ardent Mines Limited will acquire 100% of Capri General…

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TuesdayDec 14, 2010 1:47 pm

ADDvantage Technologies Group, Inc. (AEY) Posts Solid Q4, Full-year 2010 Results on Rising Demand

ADDvantage Technologies Group Inc., cable television supplier, today posted its financial results for the three and 12-month periods ended September 30, 2010, reflecting strength in spite of economic difficulties. "We are pleased with the increased revenues in fiscal year 2010 as compared to last year, especially in light of the difficult economic environment. Our financial strength has improved due to the increased revenues, reductions in inventory and reductions in our operating expenses. The overall market demand for cable television equipment continues to be flat as a result of the difficult economic environment and the traditional United States cable companies are…

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TuesdayDec 14, 2010 1:04 pm

Uranium Energy Corp. (UEC) Receives Mine Permit and Production Area Authorization for the Goliad ISR Project in South Texas

Uranium Energy Corp. announced today that the Commissioners of the Texas Commission on Environmental Quality (TCEQ) have approved the Mine Permit and the Production Area Authorization for Production Area One (PA-1). They have also granted the request for designation of an Exempt Aquifer for the Company's Goliad in-situ recovery (ISR) project in South Texas. Both received today, the approvals bring a conclusion to an administrative hearing, which is part of the State's permitting process. The Goliad project only has one Texas authorization pending, a Radioactive Material License (RML). According to the press release, the RML application is at an advanced…

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TuesdayDec 14, 2010 11:59 am

AmbiCom Holdings, Inc. (ABHI.OB) to Expand its Global Electronic Medical Devices Footprint, Moves to Close on E-Care Acquisition

AmbiCom, www.ambicom.com – the San Jose, California-based developer of a range of advanced wireless products, ranging from its emphasized sector of healthcare to industrial/systems integration and retail/e-commerce solutions, reported entry today into a definitive acquisition agreement whereby ABHI will acquire 100% of Taiwan-based electronic medical device designer, E-Care Technology Co., Ltd. The anticipated date for completion of the agreement, allowing for due diligence and ancillary requirements on the part of E-Care, should be within the next 90 days. Chairman of ABHI, John Hwang, measured the agreement as a “significant step” for the Company, citing the established reputation of E-Care as…

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TuesdayDec 14, 2010 11:33 am

Budget Truck Leasing Dealership in New York to Be Acquired by International Development & Environmental Holdings (IDEH.OB)

International Development & Environmental Holdings is an emerging leader in parking management and truck leasing in the New York City metropolitan area. The company's goal is to maximize the potential of extremely limited parking space in New York City. Among the services it provides is a complete analysis of parking properties and then developing a business plan to improve both service and revenues. On December 13th, the company announced it had executed an agreement to acquire a Budget truck rental dealership from Heights Management 176 LLC. Scott Lieberman, chairman and director of International Development & Environmental Holdings (IDEH), is the…

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TuesdayDec 14, 2010 11:31 am

The Strong Leadership of Daulton Capital Corp. (DUCP.OB)

The strongest single aspect of Daulton Capital Corp., a gold and natural resource investment company currently focused on high-value projects in the Yukon Territory of Canada, is their leadership team. President and CEO, Terry Fields, and VP/General Manager of North American Operations, Michael Mulberry, together represent more than a half century of leadership experience, including important roles in directing the efforts of resource industry operations. • Terry Fields – President & CEO – Covering 40 years in both the public and private sectors, Mr. Fields has held executive, management, and director positions in over a dozen publicly traded companies in…

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TuesdayDec 14, 2010 10:24 am

BluePhoenix Solutions, Ltd (BPHX) Video Chart for Tuesday, December 14, 2010

BPHX has slid from its highs a few months ago, and while some parts of the chart have a bearish look to them, the price per share is holding support strong at $1.80 while other indicators appear to be turning. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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TuesdayDec 14, 2010 8:48 am

Teltronics, Inc. (TELT.OB) Announces Authorized Distribution Partnership Agreement with King Technologies, Inc.

Teltronics, Inc. announced yesterday an Authorized Distribution Partnership agreement with King Technologies, Inc. King Technologies will facilitate the sale of the Cerato VCSe 100 product family to their dealers throughout the Unites States. King Technologies is one of the United States' fastest growing distributors of new and refurbished telecommunications systems. Teltronics has worked to develop calculated partnerships with dealers and distributors such as King Technologies in the United States, Canada, Mexico, and Europe to best support their end-user clients. This is since the VCSe 100 communication solution first underwent introduction in September 2010. The VCSe 100 communication server is available…

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TuesdayDec 14, 2010 8:46 am

Stone Energy Corp. (SGY) Announces 2011 Oil and Gas Capital Budget

Stone Energy Corp. issued the company’s official capital budget for oil and gas operations in 2011. The budget was recently approved by the Board of Directors of Stone Energy. Stone Energy Corp. has allocated $425 million in capital for 2011 oil and gas operations. This amount is flat with the company’s 2010 expenditures. Stone Energy Corp. said that approximately 50% to 55% of the capital budget will be spent in the Gulf of Mexico. The company is active in developing the Continental shelf area of this region, and will spend the money on drilling, facilities to enable production and other…

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TuesdayDec 14, 2010 7:57 am

Simulated Environment Concepts, Inc. (SMEV.PK) Flagship Product Captures Attendees’ Attention at International Hospitality Exhibition

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic and wellness equipment, announced this morning the results of Zen & O’s SpaCapsule presentation at the Internationally renowned Equip’Hôtel hospitality exhibition in Paris. “SpaCapsule was the most popular product in the health and wellness section of the event, with several hundred people trying and raving about their experiences inside the SpaCapsule,” according to Stéphane Tournier, Director of Zen & O Distribution. “We had several large international hotel and spa owners requesting additional information to potentially place orders come the first fiscal quarters of 2011.” Simulated Environment Concepts has a multi-year…

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