Blog - Page 3649 of 5550

ThursdayJun 24, 2010 2:41 pm

Spectrum Control, Inc. (SPEC) Reports Higher Earnings and Revenue in Second Quarter

Spectrum Control, Inc. reported net income of $3.3 million, or $0.25 per diluted share, in the second quarter of fiscal 2010. The company earned net income of $2.2 million, or $0.18 per diluted share, in the comparable quarter in 2009. Revenues also increased on a year over year basis in the second quarter of fiscal 2010. Spectrum Control, Inc. reported revenues of $39.7 million in the quarter that just ended compared to $33.6 million in last year’s second fiscal quarter. The management of Spectrum Control, Inc. indicated that the strong improvement in year over year results was due to orders…

ThursdayJun 24, 2010 2:01 pm

TechPrecision Corp. (TPCS) Reports Higher Backlog in Fiscal 2010

TechPrecision Corp. reported net income of $700,000, or $0.03 per diluted share, in fiscal year 2010, which ended on 3/31/2010. The company earned net income of $900,000, or $0.04 per diluted share, in fiscal 2009. TechPrecision Corporation reported a large decrease in revenues in fiscal 2010. The company had sales of $28.3 million in fiscal 2010, compared to $38.1 million in fiscal 2009. The management of TechPrecision Corporation attributed the large decrease in revenues to lower orders from GT Solar, the company’s largest customer, and the effects of the recession on business. TechPrecision Corporation saw a large increase in its…

ThursdayJun 24, 2010 1:55 pm

Thwapr, Inc. (THWI.OB) Teams up with Kingdom Entertainment Group to Leverage Mobile Content Platform

Thwapr, Inc., www.thwapr.com – developers of the powerful mobile video sharing platform of the same name which allows quality video content to be sent to and from mobile devices, today announced a strategic alliance with Chip Quigley and his event/TV production, project development and artist management company, Kingdom Entertainment Group. This is a great opportunity for THWI to seed its revolutionary Thwapr platform throughout the ideally-suited music, entertainment and publishing sectors, in which Quigley’s company is so well footed. In turn Quigley will use the Thwapr platform to supercharge his company’s support of ongoing activities in TV production, large print…

ThursdayJun 24, 2010 1:48 pm

National Automation Services, Inc. (NASV.PK) Announces Filing of S-1 Registration

National Automation Services, Inc. announced earlier today that it has filed a registration statement on Form S-1 with the SEC with regards to the registration of stock held by NAS' shareholders issued by the company to date. As required, the Form S-1 includes a business summary; financial summary; risk factors; management description and compensation; any material legal agreements or proceedings; and management's discussion and an analysis of financial condition and results of operations. NAS registered 18,500,000 shares of stock to draw on its previously announced $5,000,000 dollar equity line of credit with Ascendiant Capital Group, LLC, a private equity firm,…

ThursdayJun 24, 2010 1:36 pm

Applied DNA Sciences, Inc. (APDN.OB) Partners with Bilcare Technologies to Offer Real-Time Supply Chain Security and Authentication Solution

Applied DNA Sciences, Inc., www.adnas.com – the provider of security solutions based on patented DNA biometrics, announced today a definitive agreement with nonClonableID™ developer Bilcare Technologies to market a combination of both companies’ technologies as a novel, multi-layer security system for logistic/provenance control, anti-counterfeiting and brand protection. The powerful combination of technologies now means that both APDN and Bilcare can offer customers a real-time supply chain awareness system that enables item-based authentication, identification and verification of field-deployed assets or products while simultaneously providing a comprehensive forensic authentication solution for laboratory analysis. Global President of Bilcare Technologies, Dr. Satya Sharma, called…

ThursdayJun 24, 2010 12:58 pm

PharmaGap, Inc. (PHRGF.PK) In-Vitro Testing Shows Significant Reduction in Melanoma Cancer Cell Growth

Biotechnology company PharmaGap Inc. today announced 80 percent average growth inhibition in in-vitro trials of its lead cancer drug GAP-107B8 in melanoma testing at Memorial Sloan-Kettering Cancer Center (MSKCC). GAP-107B8 studies have demonstrated the drug as highly cytotoxic to numerous cancer types, including chemo-resistant cancers, in vitro. PharmaGap said its test program at MSKCC will proceed to animal tests, with results expected during the third quarter. Animal testing will allow the company to research and identify various possibilities for the drug. "We are seeing promising results in the melanoma cell line panel, and I am excited to be continuing with…

ThursdayJun 24, 2010 12:57 pm

Universal Security Instruments (UUU) Reports Fourth Quarter and Year End Results

Universal Security Instruments Inc., maker and distributor of safety and security devices, announced an increase in both sales and net income for the fourth quarter ended March 31, 2010. The company reported sales of $6,301,918 for the fourth quarter, compared to sales of $5,928,367 for the comparable period last year. Fourth quarter net income was $468,223 ($0.20 per basic and diluted share), versus net income of $78,150 ($0.03 per basic and diluted share) for the same period last year. Included in last year’s results was income from discontinued operations of $41,767. For the 12 months ended March 31, 2010, sales…

ThursdayJun 24, 2010 9:52 am

Pacific Blue Energy (PBEC.OB) Teams with Siliken Renewable Energy to Construct 15MW Solar Project

Pacific Blue Energy Corp., a solar energy company and developer of renewable energy projects, today announced its partnership with Siliken Renewable Energy to build the Sunshine Solar Farm near Flagstaff, Arizona. The companies will submit a bid to a local utility to develop a 15 MW solar farm on the 154.3-acres site, which can support up to 20 MW of solar electricity generation. Siliken has designed and built some of the world's largest photovoltaic (PV) solar farms, earning its reputation as a leading manufacturer of PV modules for stand-alone and grid-connected installations for residential and commercial projects. The collaboration with…

ThursdayJun 24, 2010 9:51 am

Lightbridge Corp. (LTBR) Announces Revolutionary Nuclear Fuel Technology

Lightbridge Corp., the leading researcher into non-proliferative nuclear fuel technology (thorium-based designs which do not produce weapons-suitable plutonium in nuclear spent fuel), has announced the development of a nuclear fuel technology based on a proprietary all-metal fuel assembly design, offering significantly reduced initial capital and operating costs. The technology is believed applicable to currently operating or new light water reactors as well as small modular reactors. It is also highly synergistic with fast reactor fuel designs. The new all-metal fuel technology could increase power output by 30% compared to reactors using standard oxide nuclear fuel. This could translate into additional…

ThursdayJun 24, 2010 9:48 am

SOKO Fitness & Spa Group, Inc. (SOKF.OB) Announces Grand Opening of Two Strategically Located Fitness/Health Facilities

SOKO Fitness & Spa Group Inc. is an operator of fitness centers, beauty salons and spas in Northeast China as well as suburban Beijing. For the last several months the company has prepared its recent announcement of the opening of two new facilities – the Daoli Fitness and Legend Spa Central Club. The company now holds majority ownership in 13 fitness and spa facilities in Harbin, one of the three largest cities in Northeastern China, a location the company believes to be strategically near its upper-middle class demographic. "Our newest facility openings further expand our presence in what we believe…

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