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FridayJan 29, 2010 3:51 pm

Baylake Corp. (BYLK) Reports Earnings for Fourth Quarter and Full Year 2009

Baylake Corp. announced net income of $678,000, or $0.09 per diluted share, for the fourth quarter of 2009. This was the fourth consecutive quarter of profitability for the company and represents a strong improvement from the fourth quarter of 2008 when the company lost $9.9 million. Baylake Corp reported a full year profit in 2009 of $4.3 million, or $0.55 per diluted share. In 2008, the company lost $9.9 million. Asset quality is also improving, with non-performing loans declining from $44.1 million at the end of 2008, to $28.7 million at the end of 2009. The 2009 total represents 4.38%…

FridayJan 29, 2010 2:36 pm

China Integrated Energy, Inc. (CBEH) Signs $52M Petroleum Contract

China Integrated Energy, Inc., an industry leading, privately owned provider of petroleum and clean energy fuels in the People’s Republic of China (PRC) announced yesterday that the Company has signed a large new contract with one of its existing customers. The contract, with an unspecified wholesale distributor located in the Sichuan Province (where refining capacity is limited), calls for delivery of 160k tons of petroleum products in 2010, a whopping 62k tons more than the previous year and representing an additional $52M in revenue. This new contract clearly showcases CBEH’s skillful execution of its growth strategy in wholesale distribution, breaking…

FridayJan 29, 2010 2:32 pm

VoiceServe, Inc. (VSRV.OB) Awarded Best of Show at ITEXPO East 2010

VoiceServe, Inc., the London-based developer of Voice over Internet Protocol (VoIP) Softswitch (software-based call connection) platform solutions and service provider, announced formally today that during last week’s TMC's ITEXPO East 2010 in Miami the Company received the coveted “Best of Show” award for “Best Service Provider Solution”. The ITEXPO is a major event for IP-based communications technology companies, and approximately 100 were on hand to exhibit their products this year when VSRV unveiled the new Vippie for Blackberry, a Session Initiation Protocol, or SIP software phone that lets users make calls over their Wi-Fi, 3G or EDGE connection. Session Initiation…

FridayJan 29, 2010 12:42 pm

Solarfun Power Holdings Co. Ltd. (SOLF) is “One to Watch”

Solarfun Power Holdings Co., Ltd. manufactures ingots, PV cells and PV modules as well as provides PV module processing services to convert PV cells into PV modules. Selling its products through third-party distributors, OEM manufacturers and directly to system integrators, the company produces both monocrystalline and multicrystalline silicon cells and modules. The company’s main focus is on bringing the best value to their customers by offering the latest advances in solar technology and vertically integrated manufacturing solutions. Backed by more than a decade of Electronic Manufacturing experience, Solarfun is committed to maintaining quality of the highest standard. Solarfun has achieved…

FridayJan 29, 2010 12:21 pm

Energtek, Inc. (EGTK.PK) – Unlocking The Future Of Natural Gas

Energtek, Inc., a world leader in the development and commercialization of ANG (Adsorbed Natural Gas) technology, sees itself as realizing the full potential of natural gas, which they consider to be the most practical alternative to oil-derived fuel. Through the use of their advanced ANG technology, natural gas can be stored under lower pressures, providing a number of valuable options to users. For example, storing the same amount of natural gas in the same volume, but with lower pressure, increases the possible applications of natural gas. Low pressure storage tanks and fueling systems are simpler and less expensive. This makes…

FridayJan 29, 2010 12:14 pm

NetSol Technologies, Inc. (NTWK) – Also a Leader in IT Consulting

Netsol Technologies Inc. has been a worldwide provider of global business services since 1995. The company provides cost-effective, requirements-oriented IT and software development solutions to private and public sector enterprises. Information technology services are valuable only if they fulfill the company's business strategy, project goals and overall objectives. Netsol Technologies' expert consultants have the technical knowledge and business experience to ensure an optimized development process in alignment with basic business principles. The company's consultants help to maximize organizational efficiencies through enhanced business processes and cost-saving measures which cater both to clients' immediate needs and long-term goals. In rapidly changing business…

FridayJan 29, 2010 12:08 pm

Eastman Kodak Co. (EK) Posts Better than Expected Results

Rapid changes in technology can be a death bell for established product brands. Not recognizing these changes and adapting to them is the nail in the coffin. There are certain brands, however, that are strong enough to cheat death if a solid reorientation is made quickly and effectively. In this sense, recognizing the brand and its opportunity can be just as an effective investing option as any other, especially when a stock price is beaten down for some time but refuses to die. Eastman Kodak Co., an imaging technology products manufacturer and service company, manufactures imaging products for the consumer…

FridayJan 29, 2010 10:34 am

QuantRx Biomedical Corp. (QTXB.OB) to Acquire NuRx Pharmaceuticals (NUXP.OB)

QuantRX Biomedical Corp. today announced that it has entered into an agreement to acquire NuRx Pharmaceuticals Inc. (OTCBB: NUXP). The transaction is structured as a tax-free, all stock acquisition resulting in a combined company with no debt and a simplified ownership and capital structure. The agreement for QuantRx to acquire NuRx follows a joint venture between the companies announced in July 2009. The QN Diagnostics joint venture between the two firms leverages 30 years of diagnostic healthcare research and development expertise. The joint venture has been focused on accelerating the commercialization of diagnostic products utilizing QuantRx's RapidSense rapid diagnostics technology.…

FridayJan 29, 2010 10:30 am

Balqon Corp. (BLQN.OB) Successfully Completes Cold Weather Testing on Battery Powered Electric Tractor

One company that is starting to leave its mark on the market is the Balqon Corporation. Located in California, Balqon has grown into a leading developer of heavy duty electric trucks, tractors, and electric drive systems. Today, the young company announced that they have successfully completed cold weather testing on its lithium-ion battery powered electric tractor, the Nautilus XE20. The Nautilus XE20 is a state-of-the-art electric tractor that is designed for off-highway container or semi-trailer “spotting” applications. The unique vehicle is designed to travel at speeds of up to 25 miles per hour and capable of towing loads of up…

FridayJan 29, 2010 9:42 am

Consorteum Holdings Inc. (CSRH.OB) Announces First Interview of Series to Air on Leading National Financial Radio Show

Consorteum Holdings, Inc. this morning announced that CEO Craig Fielding will be interviewed LIVE today on the Big Biz Show – listen and watch live on radio, television and Internet. Craig Fielding will be interviewed on the “Big Biz Show” between 1.00 p.m. and 2.00 p.m. PST (4.00 p.m. - 5.00 p.m. EST). The interview will be aired across the country via the CBS Radio Network, The Business Talk Radio Network and on television via the Biz Television Network. During the interview, Mr. Fielding will discuss Consorteum’s current status, business strategy for the upcoming year and the impact of the…

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