FridayMay 14, 2010 1:43 pm

Nutrastar International, Inc. (NUIN.OB) First Quarter Report Shows Strong Financial Fundamentals

Nutrastar International Inc.,www.syxny.net, a nutraceutical firm that controls 19% of China’s engineered Chinese Golden Grass market and specializes in the rapidly growing organic and health food market, distributing its many goods via a distribution network spanning 10 provinces, detailed its 1Q FY10 (ending March 31) results today. Strong demand, as the Chinese health kick continues unabated for the Company’s well known brand of products, led to growth in both revenue and net income: • Revenue up 2.7% (compared with 1Q 09) to $4.77M • Gross Margin up 15.7% to 77.9% • Operating Profit up 25.9% to $3.11M • Net Income…

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FridayMay 14, 2010 1:36 pm

Table Trac, Inc. (TBTC.OB) Wins Big, Deploying 26th CasinoTrac System to Oklahoma Keetoowah Cherokee Casino

Table Trac, Inc., www.TableTrac.com, out of Minnetonka, MN, the developer of the new patented CasinoTrac system which creates unprecedented casino floor situational awareness by allowing management to dictate command virtual presence of the entire environment in real-time via an automated, comprehensive, intuitive and continuous system that runs on any PC, disclosed details today regarding the signing of a definitive agreement with the United Keetoowah Band of Cherokee Indians of Oklahoma to install the new system at one of their casinos. General Manager Rod Fourkiller of the Tahlequah, Oklahoma Keetoowah Cherokee Casino, which will receive the new system, acknowledged the extensive…

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FridayMay 14, 2010 12:26 pm

mPhase Technologies, Inc.’s (XDSL.OB) mPower Emergency Illuminator and Power On Command™ Qualify for CE Mark

mPhase Technologies announced today that their flagship products, mPower Emergency Illuminator and Power on Command, have both passed the stringent safety tests required to carry the CE marking. The CE mark is a mandatory label that recognizes the product as having been testing and meeting the requirements of the European Union (EU) consumer safety guidelines. The passing of these tests allows both mPhase products to be sold in the Europe Economic Area, which includes members and non-members of the European Union comprising over 350 million consumers. mPhased used elite testing and certification companies to conduct third-party testing on their products…

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FridayMay 14, 2010 12:21 pm

Nutrastar International (NUIN.OB) Posts Solid Q1 Results

Nutrastar International Inc., a leading nutraceutical company that produces and distributes Chinese Golden Grass and organic and specialty food products in China, today announced its financial results for the first quarter 2010, noting strong demand for its products and services as a driving force for positive results. The company posted a 2.7 percent increase in revenue to $4.77 for the three months ended March 31, 2010, from approximately $4.64 million for the same period in 2009. The company attributes the increase to higher sales of its Chinese Golden Grass, as well as the sales of its small package Chinese Golden…

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FridayMay 14, 2010 12:18 pm

Fears of European Debt Fallout Continue to Worry Investors

Investors were forced to juggle conflicting news stories today, as reports of more violence in Greece, plus concerns that restrictions on European spending could affect recovery in the U.S., clash with the release of unexpectedly healthy retail sales figures. Earlier optimism about the ability of a massive financial bailout for Greece to keep the debt crisis from spreading is being pushed aside by concerns that it still won’t be sufficient. And now there are growing fears about a negative ripple effect that any European pullback in spending could have on the still fragile U.S. recovery. In direct contrast to all…

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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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