Blog - Page 3624 of 5581

MondayAug 23, 2010 10:18 am

China Wi-Max Communications, Inc. (CHWM.OB) Enters Reserve Equity Financing Agreement with AGS Capital

With headquarters in Denver, Colorado, China Wi-MAX is a multinational telecommunications and internet service company with a plan to operate in Chinese cities which have rapidly expanded broadband communications. Today, China Wi-MAX took a major step towards prominence with the announcement of a Reserve Equity Financing Agreement with AGS Capital Group (AGS). According to the terms of the agreement, AGS has made a commitment to purchase shares of China Wi-MAX common stock for cash consideration up to an aggregate of $10 million. The agreement is suppose to happen over a period of two years. The Reverse Equity Financing provided by…

MondayAug 23, 2010 9:43 am

Uranium Energy Corp. (UEC) Well Ahead Of Goldman Sachs and Investment Community In Pursuing Uranium Boom

Uranium Energy Corp, a uranium exploration and development company holding one of the largest databases of historic uranium exploration and development in the country, is hoping to cash in on a coming uranium boom, based upon an increasing move toward nuclear power and away from fossil fuels. The latest sign that such a boom is well underway is now coming from no less than Goldman Sachs. The huge investment bank has a major energy commodities trading operation, including the actual buying and selling of physical commodities to support its trading of energy derivative contracts. Until now, Goldman’s focus has been…

MondayAug 23, 2010 8:34 am

Upstream Worldwide (MFGD.OB) Posts Q2 Results, Notes Recent Capital Infusion

Upstream Worldwide Inc., a reverse logistics, direct-from-consumer recycler of precious metals and electronics, today reported its second-quarter financial results for the three months ended June 30, 2010, as well as the successful completion of an approximate $3 million equity financing. The company reports that on August 19, 2010 it sold 2,943,750 shares of a new Series B Preferred Stock and 73,593,750 warrants for gross proceeds of $2,943,750. Participation in the financing was comprised primarily of existing shareholders including Upstream CEO Doug Feirstein. "We are pleased to have completed this financing and are thankful for the confidence our investors have placed…

MondayAug 23, 2010 8:31 am

Electronic Control Security (EKCS.OB) Receives $1.1 Million Contract for Air Force and Nuclear Power Station Security Systems

Electronic Control Security, Inc. ("ECSI") announced Friday that it has been awarded a $1.1 million purchase order to security upgrades at several U.S. Air Force bases and nuclear power stations to meet updated force protection and National Response Center (NRC) requirements. Additional proposals have been submitted to other bases and power stations for the fiscal years 2011 and 2012. These security upgrades include the design and installation of multi-layer security systems including ECSI's Infrared Perimeter Intrusion Detection (IPID®) system, Fiber Optic Intelligence Detection System (FOIDS®), Intelligent Video Motion Detection (IVMD®) and infrared pan-tilt-zoom camera technology. Arthur Barchenko, President and CEO…

MondayAug 23, 2010 8:25 am

Rentrak Corp. (RENT) Announces Official Weekend Theatrical Box Office Numbers

Rentrak Corp. recently announced the official weekend theatrical box office numbers for the weekend period of August 20 through August 22, 2010. These box office numbers are according to the Company's Box Office Essentials™ theatrical box office data collection and analytical service. Leading the domestic film box office was The Expendables which took in $16,500,000 on the weekend for a cumulative total of $64,889,085. In second was Vampires Suck distributed by 20th Century Fox, which garnered $12,200,000 for a cumulative total of $18,563,902. In third spot was Eat Pray Love distributed by Sony, which earned $12,000,000 for a cumulative total…

MondayAug 23, 2010 8:22 am

Huifeng Bio-Pharmaceutical (HFGB.OB) Reaffirms 2010 Guidance on Solid Q2 Financial Results

Huifeng Bio-Pharmaceutical Technology Inc., a developer and producer of botanical extracts and other raw materials for pharmaceuticals and food additives, today reiterated its financial results for its second quarter ended June 30, 2010. "We are pleased to report record revenue and operating income in the quarter," Jing'an Wang, the company's CEO stated in the press release. "The large increase in profitability and top line growth can be attributed to the increase in our sales of pharmaceutical raw-material and pharmaceutical intermediates. We have seen increased orders of both Rutin series products and Diosmin. We plan on focusing to fulfill the entire…

MondayAug 23, 2010 7:49 am

ANTs Software, Inc. (ANTS.OB) Video Chart for Monday, August 23, 2010

ANTS is in a position to make a move. The indicators are aligning with the moving averages converging and the bollinger bands looking like they are getting ready to gap. Time to put this on radar. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayAug 20, 2010 2:33 pm

Stream Global Services, Inc. (SGS) Names New CEO

Stream Global Services, www.stream.com – the premier business process outsourcing (BPO) services firm whose strategy is to focus squarely on the careful management of customer relationships via sales, customer care and technical facilitation for Fortune 1000 companies, reported today that the Board of Directors appointed Kathryn V. Marinello as the new CEO consequent to the stepping down of Chairman and CEO Scott Murray. Murray cited a desire to move into private equity, and praised the SGS management team, with its worldwide reputation for providing premium service programs delivered via standardized best practices, as having provided an extremely rewarding working partnership.…

FridayAug 20, 2010 2:20 pm

Pansoft Company Ltd. (PSOF) Creates Joint Venture to Handle Sharp’s Software Testing

Pansoft, www.pansoft.com – the top Chinese provider of enterprise resource planning software that offers full spectrum accounting, delivery, inventory control, invoicing, and even order processing, disclosed details today of the signing of a joint venture (JV) with Information Center Co., Ltd. and Seven Colors Corporation. Both of the JV partners are Japanese firms and constitute excellent supplementary functionalities. The JV, to be named Pansoft (Japan) Company Limited, will fuse together all related segments within the JV in order to engage Sharp Corporation operating unit, Sharp Business Software Development Center (SBC), in a contractual obligation for mobile-phone software testing. The agreement…

FridayAug 20, 2010 2:17 pm

Exterra Energy, Inc. (EENI) Acquires Oil and Gas Leases in Barnett Shale of Texas

Exterra Energy, Inc. reported that the company has purchased 3,100 acres of oil and gas leases in Texas that are prospective for the Barnett Shale. The leases are in the area of the Barnett Shale that produces a mix of oil and natural gas. Exterra Energy, Inc. said that the leases have fifty two completed wells on the property, of which forty four are producing hydrocarbons. The total production of the forty four wells is approximately thirty five barrels of oil per day. Exterra Energy, Inc. plans to commence work over operations on the eight non-producing wells in order to…

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