Blog - Page 3629 of 5482

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…

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.…

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…

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…

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…

ThursdayMay 13, 2010 12:47 pm

Aeterna Zentaris, Inc. (AEZS) Obtains FDA Investigational New Drug Approval for Leading Bladder Cancer Indication

Aeterna Zentaris Inc. is an innovative developer of oncology and endocrine therapies like Cetrotide®, which was the very first luteinizing hormone-releasing hormone (LHRH) to obtain approval for in vitro fertilization, announced FDA approval of an Investigational New Drug (IND) application for AEZS-108 bladder cancer treatment (a conjugate compound targeting doxorubicin in LHRH-receptor-positive urothelial cells). Phase 2 clinical trials on 64 male/female patients in advanced stages of the disease are slated for the latter half of this year, and will be conducted by Assistant Professor of Medicine, Gustavo Fernandez, M.D., at the Sylvester Comprehensive Cancer Center at the University of Miami’s…

ThursdayMay 13, 2010 11:42 am

Points International Ltd. (PTSEF.OB) Posts Record Revenue in Q1 2010 Results

Points International Ltd., the owner and operator of Points.com, the world's leading reward program management Website, today posted its results for the first quarter ended March 31, 2010. Total revenue for the first quarter of 2010 was $23.5 million, up 11 percent over $21.1 million reported in the first quarter of 2009. Principal revenue was $21.8 million, up 12 percent compared to $19.4 million in the same period last year. Other partner revenue was $1.7 million, down from $1.8 million reported in the same period of last year and down from $3.7 million in the fourth quarter of 2009. The…

ThursdayMay 13, 2010 11:29 am

T3 Series, Inc. (TMMM.OB) Electric Vehicle Chosen as Finalist in TechAmerica 17th Annual High-Tech Innovation Awards

California-based T3 Motion Inc. is a leader in cost-effective, clean technology electric vehicles. The company's revolutionary T3 series electric standup vehicle has been selected as a product finalist for TechAmerica Orange County's 17th Annual High-Tech Innovation Awards. The winners of the awards will be announced on June 2, 2010. The T3 Series ESV is deployed worldwide in a broad range of applications. The vehicle delivers impressive benefits in terms of significant energy cost savings, reduction of carbon footprints, increased productivity and enhanced community relations. The T3 series has brought significant reductions in its carbon footprint worldwide through its extremely, energy-efficient,…

ThursdayMay 13, 2010 11:27 am

China Wind Systems Inc. (CWS) Posts Positive Guidance for 2010 Based on Anticipation of Increased Demand

China Wind Systems Inc., a leading supplier of various forged components primarily to the wind power and textile industries in China, today announced guidance for fiscal year 2010, posting its expectation for significant increases. The Company said it expects 2010 revenues between $76.5 million and $85 million, a 43 percent to 59 percent increase from $53.5 million reported in fiscal 2009. EBITDA is expected to range between $22.7 million and $25.2 million, representing a 106 percent to 129 percent increase compared to $11.0 million reported in fiscal 2009. Adjusted net income, which excludes non-cash expenses related to convertible securities and…

ThursdayMay 13, 2010 11:26 am

Lingo Media Corp. (LMDCF.OB) Acquires ELL Technologies

Lingo Media Corp., a leading educational products and services company focused on English language learning in China, announced today that it has acquired all issued and outstanding shares of UK-based ELL Technologies Limited, a developer and provider of English language instruction solutions, distributed in 11 markets in Asia and Europe. The purchase will expand the Lingo product line, and extend its reach into 10 new countries, generating increased revenue. ELL Technologies currently markets its proprietary English language instruction products in China, Korea, Malaysia, Mongolia, the Philippines, Vietnam, Denmark, the Netherlands, Slovakia, Turkey, and the U.S. Their portfolio offers a full…

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