Blog - Page 3673 of 5490

WednesdayApr 14, 2010 7:52 am

Adventure Energy, Inc. (ADVE.OB) Announces Name and Symbol Change

Adventure Energy, Inc. announced that the Company's name change to US Natural Gas Corp would become effective today, April 14, 2010 at the open of business. Their new trading symbol will be "UNGS" on the OTC Bulletin Board. Mr. Wayne Anderson, President of US Natural Gas Corp. stated, "We are pleased to have completed our corporate name change to US Natural Gas Corp and believe that this new name properly reflects our primary business operations in the Appalachian region. We look forward to sharing future corporate developments with our shareholders." The Company is also working towards the closure of the…

WednesdayApr 14, 2010 7:50 am

Frederick County Bancorp, Inc. (FCBI.OB) Reports Higher Net Income in First Quarter of 2010

Frederick County Bancorp, Inc. reported net income of $308,000, or $0.21 per diluted share, in the first quarter of 2010. This was a strong improvement from the net income of $45,000, or $0.03 per diluted share, in the same quarter of 2009. The bank attributed the increase in earnings to a rebound in net interest income, which increased from $2.0 million to $2.5 million over the same time frame. Frederick County Bancorp, Inc. also saw improved credit and asset quality in the first quarter of 2010, compared to 2009. Net loan charge-offs totaled $500,000, due to one write off in…

TuesdayApr 13, 2010 3:16 pm

COPsync Inc. (COYN.OB) Reports 2009 Results, Expectations for 2010

COPsync Inc., a software technology provider for law enforcement, emergency service and public safety professionals, recently posted its financial results year ended December 31, 2009. The company reported revenues for the year at $278,018, including $181,695 in hardware installation and other revenues and $96,323 in license fee revenues, compared to $3,598 for the year ended December 31, 2008, all of which were license fee revenues. Cost of revenues for the year ended December 31, 2009, was $695,757, compared to cost of revenues of $64,003 for the year ended December 31, 2008. The company attributes this increase to $539,195 in hardware…

TuesdayApr 13, 2010 3:13 pm

Simulated Environment Concepts, Inc. (SMEV.PK) SpaCapsule Delivers On-the-Go Full-Body Massage and Spa Experience at Middle Class Prices

Simulated Environment Concepts, Inc. is a revolutionary company founded in 97 by visionary medical professionals Dr. Ella Frenkel and Dr. Ilya Spivak with the driving desire to create the most advanced, self-contained and full-spectrum relaxation system ever devised. They succeeded: the SpaCapsule® is the ultimate fusion of ancient and modern relaxation therapies including massage, aromatherapy, and soothing audio/visual stimuli all bundled into a standalone, compact and ergonomic unit that is easy to set up, maintain, and can readily be administered in commercial spaces as a “spa-experience” vending machine. In this capacity, it is also one of the world’s premiere marketing…

TuesdayApr 13, 2010 3:00 pm

Dow Rally on Low Volume Piques Interest

The DJIA touched the running psychological milestone of 11k before closing slightly lower Friday (Apr. 9), yet many analysts who are students of the market’s key index levels are gradually but steadily building up a profile of the milestone as not only merely a psychological trigger but even as something potentially dangerous. The concern is that, while much emphasis is paid to the DJIA as stocks have gained over the last year, major intrinsic core components of the market’s behavior are being ignored, notably the surprising (and to some bewildering) lack of volume. Even bullish investors and analysts are starting…

TuesdayApr 13, 2010 2:46 pm

Information Systems Associates, Inc. (IOSA.OB) Pre-Announces Q1 2010 Results, Highlights

Information Systems Associates Inc., a leader in data center optimization software, services and solutions, today pre-announced its revenues for the first quarter ended March 31, 2010, as well as first-quarter highlights. The company posted revenues of $249,000 for the first quarter, a 25-percent increase from the first quarter 2009 revenues of $199,000. Information Systems also announced corporate restructuring during the first quarter, which resulted in increased operating efficiencies and a $75,000 reduction in its fixed quarterly expenses; and the completion of several projects for six Fortune 500 companies. Joe Coschera, Information Systems’ CEO, said the company has reviewed its operations…

TuesdayApr 13, 2010 2:34 pm

Weis Markets (WMK) Reports Higher Year over Year Revenues and Net Income

Weis Markets reported net income of $17.4 million, or $0.65 per share, in the first quarter of 2010 ending March 27, 2010. The company earned $16.5 million, or $0.61 per share, in the same quarter last year. Revenues also showed a large increase on a year over year basis, from $606.2 million in the first quarter of 2009 to $664.3 million in the quarter just ended. Weis Markets also reported a 3% increase in comparable store sales in the first quarter of 2010. The company attributed the increase in net income and revenues to increased promotions, and better efficiency and…

TuesdayApr 13, 2010 2:24 pm

Zevotek, Inc. (ZVTK.OB) Signs Agreement for Retail Sales of Its Ionic Bulb

Zevotek, Inc. announced today that it has signed a deal with Leisure Time, Inc, a Union, New Jersey based company, to market and promote the sale of the Ionic Bulb to an premier list of retail chain stores. The Iconic Bulb is an energy saving compact fluorescent light bulb (CFL) for which Zevotek has a license to sell. This contract comes after a collaborative effort between Zevotek and Leisure Time in a presentation to CVS Pharmacy earlier this month to promote the product. The presentation went well and as a result, the two companies have since agreed to a one-year…

TuesdayApr 13, 2010 2:21 pm

Broadcast International (BCST.OB) Partners with Anevia for Worldwide IPTV Market

Broadcast International Inc., a leading technology provider in the growing field of IPTV (Internet Protocol TV), announced today that it has partnered with Anevia, a diverse global video services company, to offer seamless video services to the IPTV market. The agreement is based upon the integration of Broadcast’s patented multi-codec video compression technology with Anevia’s advanced streaming capabilities, to deliver high quality IPTV video in even reduced bandwidth environments. Broadcast International has developed a patented software framework called CodecSys™ that cuts video bandwidth requirements over satellite, cable, IP, and wireless networks. Anevia, known for video streaming solutions, provides open standards…

TuesdayApr 13, 2010 2:11 pm

Micro Identification Technologies, Inc. (MMTC.OB) Identifies the “Bugs”

Micro Identification Technologies Inc. has developed and patented a rapid microbial identification system that revolutionizes the pathogenic bacteria ID process. Offering significant advantages over today’s methods of microbial detection, the company’s MIT 1000 Rapid Microbial Identification System can identify bacteria in less than five minutes. The company's technology does not rely on chemical or biological agents, conventional processing, fluorescent tags, gas chromatography or DNA analysis. The MIT 1000 System identifies bacteria with a laser that uses the principle of light scattering with proprietary PC-based software algorithms to test samples at less than $0.10 per test. MIT's technology can save tens…

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