Blog - Page 3613 of 5440

WednesdayApr 21, 2010 12:46 pm

Points International Ltd. (PTSEF) Increases Revenue Guidance

Points International Ltd., known for its Points.com website, where consumers can trade, purchase, share, or redeem reward points from participating rewards programs, today announced that it is again raising its 2010 revenue guidance. The company now expects 2010 revenue to be in the US$85 to US$95 million range. Points also reiterated its EBITDA(1) margin guidance range of 3%-5% and net income profitability for the year. The company had earlier increased its 2010 revenue targets to the US$75 - US$85 million range. Points CEO, Rob MacLean, spoke of the change. “Material improvements in our forecasts have resulted in another increase to…

WednesdayApr 21, 2010 12:45 pm

IntelGenx Corp. (IGX) Inks Commercialization Agreement with RedHill Bipharma for Migraine Relief Treatment

IntelGenx Corp. has secured an agreement with RedHill Biopharma Ltd., a privately held pharmaceutical company, in which RedHill will co-develop and license IntelGenx’s first oral thin-film migraine relief product based upon the company’s proprietary VersaFilm technology. In the fourth quarter of 2009, IntelGenx released data suggesting VersaFilm as a product that is bioequivalent to a leading branded anti-migraine therapies. "We are excited to have concluded our first, of what we believe to be many future, thin-film partnerships," Dr. Horst G. Zerbe, president and CEO of IntelGenx stated in the press release. "This partnership will help accelerate the development of this…

WednesdayApr 21, 2010 11:11 am

China’s Major Cities Face Reality of Commercial Real Estate Bubble

Many investors are enamored with how China can keep a 7%+ growth rate going as the rest of the world only begins to dig out from recent economic events. There are many reasons this GDP growth rate has been able to be maintained although a large capital surplus of US dollars and a burgeoning middle-class that wants to be like America stand out as two of the more visible. Although for the moment the real looming question is if China can maintain this strong growth rate. Perhaps the first cracks beginning to show are in the Chinese central development plan,…

WednesdayApr 21, 2010 10:54 am

Valley Forge Composite Technologies (VLYF.OB) Posts Q4, FY Results, Achieves Important Milestone

Valley Forge Composite Technologies Inc., manufacturer and marketer of cargo/baggage screening, full-body scanning technologies and aerospace products, today reported its results for the fourth quarter and full year ended December 31, 2009. For the fourth quarter of 2009 the company posted revenues at $2.88 million, an impressive leap from the $315,000 reported in the third quarter of 2009. The company recorded deferred revenue of $858,400 in the fourth quarter of 2009. All product sales for 2009 and 2008, including deferred revenue, were generated from sales of the company’s specialized mechanical devices for aerospace projects. Valley Forge reported a net loss…

WednesdayApr 21, 2010 10:50 am

Cord Blood America (CBAI.OB) CEO Matthew Schissler Discusses Increasing Revenues in Analyst Interview

One company that is starting to gain recognition on Wall Street is Cord Blood America. Located in Las Vegas, Nevada, Cord Blood is the parent company of CorCell which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Cord Blood is at the forefront of the healthcare sector and offers powerful and potential life-saving resources for treating a growing number of ailments which include cancer, leukemia, blood, and immune disorders. Cord Blood’s leader Matthew Schissler, the co-founder and CEO of the growing corporation, agreed to an analyst interview recently and discussed increasing the company’s revenues. In…

WednesdayApr 21, 2010 10:34 am

Source Gold Corp. (SRGL.OB) Increases Property Holdings in Northern Ontario

Source Gold Corp. is a junior mineral exploration company. The company is currently focusing on the exploration and development of high-quality gold mining projects in Canada, in particular the prolific Beardmore-Geraldton Gold Camp in northwestern Ontario. This area has produced over 4.1 million ounces of gold. The company has acquired the KRK West Property, which hosts two previously producing mines. The company announce today that it has initiated an extensive claim staking program near its existing joint venture property in the Beardsmore-Geraldton area of northern Ontario. Claim staking activity is taking place in an area in close proximity to a…

WednesdayApr 21, 2010 10:23 am

Tombstone Exploration Corp. (TMBXF.OB) Announces Initiation of 2010 Drill Program

Tombstone Exploration Corp. yesterday announced that it has commenced its drilling program for the current year. Two targets have already been drilled, both of which have intersected mineralized zones. Utilizing a portable x-ray diffraction (XRF) machine to get on-site reading of metal levels in the drill cuttings, the company’s exploration team will use the collected data to manage the drilling initiative. Tombstone's property is underlain by Uncle Sam porphyry and units of the Bisbee Group. Mineralized fissures strike consistently northeast, and many of the fissures exhibit consistent orientation for hundreds of feet along strike. Many fissures have parallel orientations, forming…

WednesdayApr 21, 2010 9:48 am

Universal Detection Technology (UNDT.OB) Video Chart for Wednesday, April 21, 2010

UNDT at this point is a chart that appears to have found a bottom and is developing a new uptrend. This could be a true reversal as the chart is beginning to look very bullish. The video explains what to look for if this trend is going to continue. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=381 Let us hear your thoughts below:

WednesdayApr 21, 2010 9:38 am

eDoorways Corp. (EDWY.PK) Addresses Shareholders

Earlier this month, the eDoorways team posted a written address to shareholders on their blog. The shareholder address was written in the spirit of continued transparency, dedication to improving shareholder confidence and commitment to building a strong market value. In the written address, eDoorways gave a brief overview of their history, where the company is today, a list of current assets, a detailed overview of the company’s financial position, discussion of securities issues, recent market activities, shareholder concerns, as well as compensation arrangements. To view the entire shareholder address, visit http://edoorways.wordpress.com/2010/04/09/shareholder-address Let us hear your thoughts: eDOORWAYS Corp. Message Board

WednesdayApr 21, 2010 7:51 am

Tejon Ranch Co. (TRC) Announces Rights Offering

Tejon Ranch Co. announced a rights offering that allows existing shareholders to purchase additional shares of common stock. The rights are transferable and will allow purchase at a discount from the market price. Tejon Ranch Co. said that the company has not yet determined the record date and subscription price; but that it estimates the gross proceeds will be $50 million if shareholders exercise all the rights issued. Tejon Ranch Co. has been affected by the recent recession like many other companies in the United States. The company reported a net loss of $3.3 million, or $0.20 per diluted share,…

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