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TuesdayAug 10, 2010 10:59 am

Weifang Shengtai Pharmaceutical, Inc. (SGTI.OB) to Supply 10,000 Tons of Dextrose Monohydrate Inject Grade to Kelun Pharmaceutical

One company that is starting to earn a global presence is Weifang Shengtai Pharmaceutical, Inc. Located in Weifang, China, the young company is a subsidiary of Shengtai Pharmaceutical and a leading producer of pharmaceutical injection-grade glucose in China. Today, the parent company announced they have entered into a major agreement with the renowned Chinese company Kelun Pharmaceutical. The agreement will supply Kelun 10,000 tons of dextrose monohydrate injection grade. Subsidiaries of Kelun will also benefit with Kelun Guizhou being supplied 700 tons and Kelun Sichuan 9,300 tons. The agreement will be carried out by prepayments and was entered into at…

TuesdayAug 10, 2010 10:35 am

VizStar, Inc. (VIZS.OB) Offers Customers and Investors a Unique Competitive Mix

VizStar Inc., DBA Celestial Jets, is a premier aviation charter broker focused on delivering a new and unparalleled way to experience private jet travel. It allows its customers to remove virtually every negative aspect from the travel experience, saving time, money, and inconvenience, without the restrictions imposed by its competitors. Customers can be picked up from any location, taken directly to their waiting plane, flown non-stop to anywhere in the world, and driven to their final destination. No airport hassles, no waiting, and with a host of optional luxury services. But the real strength of the company rests in its…

TuesdayAug 10, 2010 8:56 am

CPS Technologies Corp. (CPSH.OB) Announces Results for 2010 Second Quarter

Yesterday, CPS Technologies Corporation announced revenue of $5.2 million and net income of $450 thousand, or $0.04 per basic share and $0.03 per diluted share, for the fiscal quarter ended June 26, 2010. This compares with revenue of $3.6 million and net income of $66 thousand, or $0.01 per basic and diluted share, for the fiscal quarter ended June 27, 2009. Revenue under the Company's Cooperative Agreement with the Army for development of armor was down in Quarter 2, 2010 compared to Quarter 2, 2009. This was due to the timing of specific tasks. Technical progress in this area continues…

TuesdayAug 10, 2010 8:53 am

China Industrial Waste Management, Inc. (CIWT.OB) Announces 30-Month Contract with National Petrochemical Firm

China Industrial Waste Management, Inc., a leading environmental services and solutions provider in China, recently announced that the company has secured a major waste management contract with a national petrochemical firm located in Liaoning Province. This contract is expected to add $3.65 million in revenues over 30 months. This contract is through the company’s 90 percent-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. Under the terms of the contract, Dalian Dongtai will treat and dispose of the industrial waste sludge and slag generated by the customer’s production over the next 30 months, starting September 1, 2010. Mr. Jason Dong,…

TuesdayAug 10, 2010 8:52 am

AlumiFuel (AFPW.OB) Trains First Military Customer for Use of Portable Balloon Inflation System

Late yesterday, AlumiFuel Power Corporation announced that its wholly-owned subsidiary, AlumiFuel Power, Inc., had completed technical and field training with an undisclosed military customer on its Portable Balloon Inflation System, “PBIS-1000.” AlumiFuel anticipates that this training is the beginning of additional orders for their system as it gains recognition in the $200 million per year weather balloon industry. Potential customers include not only the military, but also civil government meteorological users across the world. To assist in the marketing of its product, AlumiFuel has partnered with Kaymont Consolidated of Long Island, New York. Kaymont is the world's largest distributor of…

TuesdayAug 10, 2010 8:47 am

Magnum Hunter Resources Corp. (MHR) Issues Operations Update

Magnum Hunter Resources Corp. updated the company’s oil and gas exploration and development activities for the second quarter of 2010. The company reported strong sequential and year over year production growth. Magnum Hunter Resources Corporation reported average daily production of 1,755 barrels of oil equivalent during the second quarter of 2010, compared to average production of 737 barrels of oil equivalent per day in the same quarter of 2009. Magnum Hunter Resources Corporation also increased production sequentially from the first quarter of 2010, when the company reported average daily production of 1,374 barrels of oil equivalent per day. The company…

TuesdayAug 10, 2010 8:46 am

Tri-Valley Corp. (TIV) Reports Large Increase in Second Quarter Production

Tri-Valley Corp. reported a large increase in oil and gas sales for the second quarter of 2010, which ended 6/30/2010. The increase was driven by the company’s operations in California. Tri-Valley Corporation reported sales of $1.6 million in the second quarter of 2010, triple the $500,000 in sales that were reported in the first quarter of 2010. Oil and gas production volumes in the second quarter of 2010 were 6,875 barrels of oil per day compared to 3,816 barrels of oil per day in the first quarter of 2010. Tri-Valley Corporation said that part of the increase in production during…

MondayAug 09, 2010 3:53 pm

Suspect Detection Systems Inc. (SDSS.OB) Recognizes First Technology Sale to Private Central American Enterprise

Suspect Detection Systems Inc. operates through its subsidiary Suspect Detection Systems Ltd. to develop counter terrorism and crime prevention technology. The company today announced its subsidiary has sold several units of its Cogito rapid interrogation system to a human resource company with operations in Central America and Mexico. Cogito is an automated system that detects and exposes hostile motives of potential employees who may be connected to crime organizations, or have a history of criminal activity. The un-named customer in today’s announced purchase is to an investigative enterprise that was recently established to provide its clients with Cogito-based services. Cogito…

MondayAug 09, 2010 1:58 pm

Innocent Inc. (INCT.OB) Set to Acquire Two More Major Gold Production Sites in Ecuador

Innocent Inc.,www.innocentinc.com – a growth-focused gold production firm primarily operating in Ecuador, announced that Global Finishing Ecuador S.A. (parent company to Global Finishing Inc., in which INCT owns a 51% majority interest) entered into a definitive agreement to acquire 100% of the Murciealagos Vizcaya and Lilly Rai mining concessions. Located in the historically proven gold mining district of Zaruma-Portovelo, which stretches back to the Incas (with modern mining beginning in 1905), these concessions validate INCT’s strategy of capturing clusters of in- and near-term production sites in Ecuador’s El Oro Province. This is an acquisitive strategy that emphasizes copious analysis and…

MondayAug 09, 2010 1:56 pm

Worldwide Energy and Manufacturing USA (WEMU.OB) Opens Huge New PV Module and Research Facility in China

Worldwide Energy and Manufacturing USA, Inc., www.wwmusa.com – global leader and 17-year veteran engineering and quality control firm focused on the solar, aerospace, telecom, medical equipment and automotive sectors, reported the opening of a new 129k sq ft PV (photovoltaic) solar module production/R&D facility near Nantong, China. Slated to begin production in Q4 this year, with a staff of 120 and an initial output capacity of some 100 MW annually, the facility is on a site large enough to support two major building expansions in the future that would bring the output capacity up to 300 MW per year. With…

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