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WednesdayJun 30, 2010 8:53 am

China Green Material Technologies, Inc. (CAGM.OB) Announces Increase in Expansion Capacity

China Green Material Technologies, Inc., a China-based manufacturer of starch-based biodegradable containers, tableware and packaging products, recently announced that the company’s new production capacity, which will increase annual production by 45 percent, will come online in the second half of 2010. In addition, the company plans to add new equipment in order to increase manufacturing efficiency and meet increasing market demand for its biodegradable consumer products. As a leading manufacturer of proprietary biodegradable food packaging materials technologies, China Green Material Technologies expects total revenue for 2010 to increase between 25 percent and 30 percent from the $13.4 million reported in…

WednesdayJun 30, 2010 8:52 am

MagneGas Corp. (MNGA.OB) Acquires Economic Interest in the European and African Markets

Yesterday, MagneGas Corporation announced that they have acquired economic interest in the European and African markets. The Company purchased 20 percent of MagneGas Europe for 250,000 shares of restricted stock. The legal name of MagneGas Europe is MagneGas Arc Applied Solutions Europe, or (MAASE). MAASE owns the exclusive intellectual property rights for the MagneGas™ Technology for Europe and Africa. MagneGas will participate in profit sharing for the European and African markets through periodic cash dividends, in addition to their equity ownership in MAASE. Ermanno Santilli, MagneGas Executive Vice President of International Relations, will also serve as CEO of MAASE. Mr.…

WednesdayJun 30, 2010 8:51 am

eCrypt Technologies (ECRY.OB) Receives Overwhelming Response at the F5 Expo

eCrypt Technologies, an information security firm with a focus on the wireless industry, recently announced that the company received the highest level of public interest at the F5 Expo held in Vancouver , BC on April 7, 2010. This data is based on the number of voluntary video testimonials that eCrypt Technologies received at the F5 media centre. The company received 400 percent more testimonials than any other conference exhibitor. F5 Expo is a forward-thinking resource meant to educate businesses on future trends within the online space. Brad Lever, chief executive officer of eCrypt Technologies, participated in a panel entitled…

WednesdayJun 30, 2010 8:50 am

Friedman Industries, Inc. (FRD) Reports Earnings for Fourth Quarter and Full Year 2010

Friedman Industries, Inc. reported net income of $1.06 million, or $0.16 per diluted share, in the fourth quarter of fiscal 2010. The company reported a loss of $0.3 million, or $0.04 per diluted share, in the corresponding quarter in fiscal 2009. Friedman Industries, Incorporated reported revenues of $23.3 million in the fourth quarter of fiscal 2010, up slightly from the $21.9 million in revenues reported in the fourth quarter of fiscal 2009. Friedman Industries, Inc. also reported a profit in fiscal 2010. The company reported net income for the year of $0.6 million, or $0.10 per diluted share. In fiscal…

WednesdayJun 30, 2010 8:46 am

OMNOVA Solutions Inc. (OMN) Reports Tripling of Net Income in Second Quarter

OMNOVA Solutions Inc. reported a strong increase in net income in its second fiscal quarter ending 5/31/2010. The company earned net income of $15.1 million, or $0.33 per diluted share, triple the net income of $5.1 million, or $0.12 per diluted share, that the company earned in the same quarter last year. OMNOVA Solutions Inc. also reported a sharp increase in revenues in the second fiscal quarter compared to last year. The company reported revenues of $226.4 million for the second fiscal quarter of 2010, compared to only $161.3 million in the same quarter in 2009. OMNOVA Solutions Inc. said…

WednesdayJun 30, 2010 8:38 am

Trico Marine Services Inc. (TRMA) Video Chart for Wednesday, June 30, 2010

Even with the Dow down nearly 270 points yesterday, TRMA closed up almost 4%. The TRMA chart is a classic pincher play setup that is looking to reverse. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=429 Let us hear your thoughts below:

WednesdayJun 30, 2010 7:31 am

Tombstone Exploration Corp. (TMBXF.OB) Commences Hi-Tech GeoPhysical Program

Tombstone Exploration Corp. announced this morning that it has contracted Geotech Ltd. of Ontario, Canada to fly an airborne Z-Axis Tipper Electromagnetic (ZTEM) on its Tombstone, Arizona property. ZTEM is known for its ability to achieve unparalleled resolution and depth of investigation, capable of gathering data over 6,000 feet (2 kilometers) below ground surface. Geotech arrived at the Tombstone property earlier this week. The airborne survey will be over 200 line miles, covering most of the Tombstone district. The data will be interpreted to provide targets for a giant, high-grade porphyry copper - gold deposit that can be mined by…

TuesdayJun 29, 2010 3:03 pm

Beacon Equity Research Featured Company: Vidaroo Corp. (VIDA.OB)

Vidaroo Corp. is an emerging leader in integrated digital media and technology solutions, with vast expertise in marketing, content creation, post-production, which is structured around one driving central premise held dear by both the Board of Directors and executive management, as well as its entire staff: sustainable profitability. An intuitive yet robust online video platform for managing and delivering content, the Company’s sophisticated Digital Video Publisher enables users to extend existing sites into web-based TV networks. With easily embeddable channels and video, users can reach massive new markets through viral promotion and organic information seeding on social networking sites. With…

TuesdayJun 29, 2010 2:10 pm

Wall Street Rocked by Continued Economy Fears

Stocks continued their slump in Tuesday’s mid-day trading after data reporting that U.S. consumer confidence fell in June, paired with concern over Europe’s fiscal challenges. An hour from the market close, the Dow (DJI) lost 236.93 points, 2.43 percent, to 9,901.59, marking the first time the index dropped below 10,000 since June 10; the S&P 500 gave up 28.81 points, or 2.68 percent, to 1,045.07; and the Nasdaq fell 72.99 points, 3.29 percent to 2,147.43. U.S. stocks are set to post their first quarterly decline since the first quarter of 2009, curtailing from four consecutive quarters of gains; and second-quarter…

TuesdayJun 29, 2010 1:54 pm

Cellceutix Corp. (CTIX.OB) Backed by Seasoned Management Team

Cellceutix Corp. develops small molecule therapies for treatment of cancer, autism and inflammatory disease. The company is supported by a panel of officers and advisors with extensive experience and knowledge in the fields of cancer and genetics, as well as with wide experience in the pharmaceutical business and relative researching, developing and marketing. Most of the company’s efforts center on the company’s lead product Kevetrin, which is in development for drug-resistant cancers. Cellceutix is concluding final studies before applying for FDA approval for human studies. The company’s focus is maintained by a strong management team and a shared commitment to…

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