Blog - Page 3633 of 5482

TuesdayMay 11, 2010 1:31 pm

Vantage Drilling Company (VTG) Reports Higher Net Income in First Quarter of 2010

Vantage Drilling Company reported net income of $6.0 million, or $0.03 per diluted share, in the first quarter of 2010. The company earned net income of $2.4 million, or $0.03 per diluted share, in the same quarter of 2009. Although net income for Vantage Drilling Company more than doubled on a year over year basis, earnings per share was flat due to a large increase in the share count from the first quarter of 2009. Vantage Drilling Company also reported much higher revenue in the first quarter of 2010, which totaled $58.3 million. In the first quarter of 2009, revenue…

TuesdayMay 11, 2010 1:18 pm

Aerius International Inc. (AERS.PK) is “One to Watch”

Aerius International Inc. provides cellular phone antenna technologies and phones equipped with these technologies for the wireless communication industry globally. The Company distributes their products directly, and via manufacturers' representatives, and engineering and sales personnel. Aerius International Inc. trades on the Pink Sheets and they have their corporate headquarters in Las Vegas, Nevada. The Company's phones are tested and proven by GSM and CDMA carriers and in independent certified labs globally. Their phones add 300 percent to 600 percent (3dB to 6dB) more power to carrier RF link margins. This is in comparison to the same phone with its standard…

TuesdayMay 11, 2010 12:28 pm

NetSol Technologies, Inc. (NTWK) Develops User-Centric Highly Customized Applications for a Global Business Market

NetSol Technologies, Inc. is a global leader in developing client-oriented and highly customized e-business software solutions, employing proprietary BestShoring™ practices to ensure that the vast capabilities of the Company’s massive team of software engineers and multi-disciplinary experts are judiciously employed when creating the rigorous, solutions-based environment in which the application is developed. The design philosophy of NTWK is to utilize highly qualified personnel with expertise in the specific requirements of a given application, so that the output of the Customized Application Development team results in highly evolved and articulately adapted modular solutions which use the Company’s state-of-the-art project management methodology,…

TuesdayMay 11, 2010 12:24 pm

Kandi Technologies Corp. (KNDI) COCO Electric Vehicle Green-lit by Chinese Government

Kandi Technologies Corp., a leading Chinese manufacturer and exporter of go-karts, all terrain vehicles (ATVs), and specialized utility vehicles (UTVs) designed specifically for agribusiness applications – as well as the developer of the all-electric COCO low-speed vehicle (LSV – designed primarily for commuters and light urban travel – announced today that the Chinese Ministry of Industry and Information Technology has placed the COCO (KD5020X) on its 10th catalogue’s list of recommended vehicles, and has also qualified the COCO for China’s energy development and conservation initiatives, making it the only electric vehicle (EV) on the list. The COCO is a sleek…

TuesdayMay 11, 2010 12:22 pm

Viking Systems, Inc. (VKNG.OB) Teams With Sony to Bring 3DHD Surgical Vision to “Hospital Build Asia 2010”

Viking Systems Inc. is a leading worldwide developer, manufacturer and marketer of 2D and 3D visualization solutions for complex, minimally invasive surgery. The company today announced that a prototype version of its next-generation 3DHD vision system will be demonstrated in Sony's booth at 'Hospital Build Asia 2010' which will run May 11-13 in Singapore. Hospital Build Asia 2010 exhibition and congress provides a forum for the healthcare industry and decision-makers from key markets across the region to identify and evaluate the latest in medical device technology. These people will be making critical decisions about how to provide the best and…

TuesdayMay 11, 2010 12:13 pm

Pro-Pharmaceuticals (PRWP.OB) Closes $750,000 Final Tranche of $6M Private Placement; Notes Plans for Phase III Testing of Lead Candidate

Pro-Pharmaceuticals Inc. is engaged in the discovery, development and commercialization of therapeutic compounds for advanced treatment of cancer and fibrosis. The company today announced the closing of the $750,000 final tranche of its $6 million private placement with 10X Fund L.P., which is purchasing unregistered Series B convertible preferred stock and warrants. Pro-Pharmaceuticals issued and sold 285,000 shares of Series B-2 preferred stock convertible into 1,140,000 shares of common stock, a Class A-1 and a Class A-2 warrant each exercisable to purchase 570,000 shares of common stock and a Class B warrant exercisable to purchase 2,280,000 shares of common stock,…

TuesdayMay 11, 2010 11:21 am

Sunsi Energies Inc. (SSIE) Announces Intent to Acquire TSC Plant, Gain Access to China Distribution

SunSi Energies Inc. develops Trichlorosilane (TSC), a component essential to the production of polysilicon for solar panels. As part of its stated acquisition objective, SunSi subsidiary SunSi Energies Hong Kong Inc. has agreed to acquire 90 percent of Zibo Baokai Commerce and Trade Co., the exclusive owner of distribution rights in China for the TCS produced by Zibo Baoyun Chemical plant (ZBC). The deal is scheduled to close no later than June 30, 2010. When the transaction is complete, SunSi will hold 100% of the distribution rights for ZBC’s TCS productions, both in China and abroad. SunSi said upon finalizing…

TuesdayMay 11, 2010 11:18 am

Epazz, Inc. (EPAZ.OB) Reports Revenues Up 95% Year Over Year

Epazz, Inc. issued a press release today to disclose year over year revenues for the company. 2009 was a challenging economic year for many companies and yet Epazz nearly doubled their revenues as compared to 2008. Operating expenses for Epazz were also reduced nearly 9% for 2009 as compared to 2008. Epazz, an industry leader focused on office productivity workforce solutions, has been very quiet with respect to press releases this year, but is developing their business plan and marketing their existing products to small to mid-size companies. Epazz primarily targets potential customers of companies with 250 - 2,500 employees…

TuesdayMay 11, 2010 10:21 am

Wellstar International, Inc. (WLSI.OB) Announces Success in Beta Test for Long-Term Care Facilities

Wellstar International Inc., through its wholly-owned subsidiary, Trillennium Medical Imaging, develops and licenses the use of advanced thermal imaging technology in consumer health care markets worldwide. The company's TMI infrared technology and software is approved by the United States Food and Drug Administration (FDA) as an adjunctive diagnostic screening procedure for early breast cancer detection, orthopedic applications, pain dysfunctions, deep tissue injuries and detection of pressure ulcers. The company announced today that it is achieving success in its beta test in a long-term acute care facility (LTAC). Wellstar has been imaging existing and newly admitted patients twice a week in…

TuesdayMay 11, 2010 10:19 am

eDoorways Corp. (EDWY.PK) Grows Social Media Connections

eDoorways Corp., the fast growing vendor/consumer online network, is predicated on the idea that social networking represents a huge opportunity for vendor and consumer communication and interaction. To this end, the company has actively structured its platform to facilitate this type of link. Most recently, eDoorways announced that it had successfully launched its Facebook integration model, including the Facebook Connect option, allowing eDoorways and Facebook users to connect and socialize through the eDoorways platform. This is an especially important move for eDoorways, since Facebook is the world’s largest social media site, serving over 400 million people. Depending upon how actively…

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