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TuesdayApr 06, 2010 3:51 pm

Sino Gas International Holdings, Inc. (SGAS.OB) Reports Increase in Net Income

Sino Gas International Holdings, Inc. reported net income of $4.05 million, or $0.14 per diluted share, in 2009. The company earned $1.6 million, or $0.05 per diluted share, in 2008. Sino Gas International Holdings, Inc. also reported a sharp increase in revenues over 2008. The company reported revenues of $27.6 million, up from $21.4 million in 2008. The company attributed the results to a strong increase in business in natural gas sales and connection fees in 2009. Sino Gas International Holdings, Inc. reported gross margin of 34.3% in 2009, approximately flat with the 34.8% in 2008. Yu- Chuan Liu, the…

TuesdayApr 06, 2010 3:50 pm

Kodiak Oil and Gas (KOG) Increases Acreage in Bakken Shale

Kodiak Oil and Gas announced two separate purchases of mineral acreage in North Dakota prospective for the Bakken Shale. Kodiak Oil and Gas purchased 5,680 gross, or 4,531 net acres, in McKenzie County just west of the Nesson Anticline, a major geological formation in the area. The company said the acreage was near producing wells drilled by other operators. Kodiak Oil and Gas also increased its working interest by 25% on acreage in the Grizzly Project area. This acreage is in the Mondak area of the Elm Coulee Field located in McKenzie County on the Montana and North Dakota borders.…

TuesdayApr 06, 2010 2:38 pm

TapImmune, Inc. (TPIV.OB) Sees a Large Market Opportunity for Its TAP Vaccine Technology

TapImmune Inc. is a biotech firm focused on increasing the efficacy of vaccines by enhancing antigen presentation through the use of the Transporter of Antigen Processing (TAP). The company's technology has broad applications in developing therapeutic and preventative vaccines. TapImmune's strategy is to build a patented proprietary product pipeline and capitalize on the breadth of the TAP technology through collaborative partnerships and license agreements. The global vaccine market is estimated to be a $21 billion market in 2010. TapImmune sees large market opportunities for their TAP vaccine technology in the areas of prevention and treatment of infectious diseases and cancer.…

TuesdayApr 06, 2010 1:34 pm

TOMI Environmental Solutions, Inc. (TOMZ.OB) Attends Conferences to Demonstrate Life Saving Technology to Industry Experts

TOMI Environmental Solutions, Inc., a global green leader in infectious disease control and surface and air remediation, announced earlier today that it recently attended two conferences, the 5th Decennial International Conference on Healthcare Associated Infections on March 18-22 and The Restoration Industry Associations Annual Conference on March 23-27 in Atlanta, Georgia. Dr. Halden Shane, CEO of TOMI(ES), commented, "Healthcare Associated Infections cost over 30 billion dollars a year. I am proud to be the CEO of a company that will be able to reduce significant costs and at the same time save lives. We were asked by remediation and healthcare…

TuesdayApr 06, 2010 1:17 pm

INFRAX Systems, Inc. (IFXY.OB) Launches Software as a Service Network Manager Platform

INFRAX Systems, Inc., 10-year veteran provider of operational, communications and applications management to companies in the energy grid and telecom sectors which demand the very best when it comes to managing their networks, yesterday announced a long-awaited Software as a Service (SaaS) solution for managing infrastructure via web called OptiCon On-Line. CEO of IFXY, Paul J. Aiello, noted the Company’s long history of providing scalable, customizable solutions that increase efficiency and reduce capital expenditure while beating out the price-point of any competing provider. Aiello hailed the new On-Line version of the proven OptiCon Network Manager™ platform, launched April 5, as…

TuesdayApr 06, 2010 12:26 pm

Fund.com, Inc. (FNDM.OB) Finalizes Acquisition of Weston Capital, Moves to Dominate Active ETF Market World Wide

Fund.com (FNDM) subsidiary, AdvisorShares, can now maximize leverage from its proprietary exchange-traded fund platform and worldwide distribution capacity, providing FNDM the ability to offer hedge funds and actively-managed ETFs to retail and institutional customers on a global scale, thanks to the recent acquisition of Weston Capital Management, a fund of funds (FoF) and single-manager hedge fund developer (actively engaged in raising capital to seed new hedges). CEO of FNDM, Gregory Webster, noted the abundant, parallel synergies between AdvisorShares and the West Palm Beach, Florida-based Weston Capital, which possesses the global footprint that will prove indispensible to capitalizing on the framework…

TuesdayApr 06, 2010 12:18 pm

China Shuangji Cement, Ltd.’s (CSGJ.OB) Zhaoyuan Plant Nears Completion

China Shuangji Cement, Ltd., which controls a network of entities and affiliates that collectively represent one of the People’s Republic of China’s (PRC) top manufacturers of High-Quality Portland cement, provided a detailed update on the status of its Zhaoyuan Cement Production Facility, which is almost fully equipped and operational. With current production capacity of 1.5M tons/year deriving from its two production facilities, Hainan Province and Shandong (where the new Zhaoyuan plant is located), a 2.5M tons/year capacity is projected upon the completion of the new facility, located just 5 miles south of the existing Shandong site and directly on a…

TuesdayApr 06, 2010 12:14 pm

China Yongxin Pharmaceuticals, Inc. (CYXN.OB) Posts FY 2009 Results Boosted by China Economy

China Yongxin Pharmaceuticals Inc., a vertically integrated health products company in China, today announced its financial results for the year ended December, 31, 2009. The company’s 2009 net income increased 26 percent to $5.1 million, up from the $4.1 million reported in 2008. The company attributes the increase to higher margin sales and an increase in profits driven by retail product sales. Revenues for the year ended December 31, 2009, decreased 19.5 percent to $47.6 million compared to $59.1 million for 2008. The decrease was due to the switch from a wholesale business strategy to the retail and medical facilities…

TuesdayApr 06, 2010 11:22 am

Artfest International, Inc. (ARTS.OB) Signs Distribution Agreement with Time Warner Cable

Artfest International Inc. sells and distributes art and sports memorabilia through its website and its subsidiary, Art Channel Inc. The company today announced that Time Warner Cable will be the distribution outlet of Artfest International's “Artfest Direct” program to 550,000 Time Warner Cable customers. The company has an “On-Demand” distribution agreement with Time Warner, which is the second largest cable operator in the country. This agreement will give Artfest International its base for the development of the Art Channel “On-Demand” program. Starting next month, Artfest will be showcasing its art and sports memorabilia on its Time Warner Art Channel program…

TuesdayApr 06, 2010 11:20 am

NetSol Technologies, Inc. (NTWK) Means Intelligence

NetSol Technologies Inc., a worldwide provider of global business services and enterprise application solutions, is ultimately all about intelligence, business intelligence. The whole idea behind the application of computer technology to the business environment is based upon the collection and processing of information in such a way as to enable the most accurate assessments and smartest decisions. This is where NetSol excels. NetSol Technologies Business Intelligence delivers fully customized and integrated enterprise BI solutions, incorporating proven SAP BusinessObjects™ tools such as Xcelsius® and Crystal Reports®, advanced processing that allows for quick and accurate analysis and evaluation of virtually any type…

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