Blog - Page 3718 of 5390

TuesdayNov 17, 2009 9:18 am

As Time Warner and AOL Prepare to Split, 2007 Lawsuit May Haunt Them

After a lengthy partnership, Time Warner (TWX) and AOL are currently preparing to go their separate ways. While both companies hope for a smooth transition, a 2007 lawsuit filed by a small company Modavox (MDVX.OB) may significantly impact AOL and Time Warner valuations. Two years ago, Modavox sued AOL for patent infringement of their Behavioral Targeted Marketing intellectual property. Modavox is now asking for sanctions, and a recently released 8K third-party valuation may point to the seriousness of the issue, and its consequences for AOL. The issue will affect parent company Time Warner, as Modavox filed a suit against them…

TuesdayNov 17, 2009 9:11 am

Infinite Group, Inc. (IMCI.OB) Receives ISO 9001:2008 Certification

Infinite Group, Inc., a world-class IT services and solutions provider serving a range of government and commercial organizations, recently announced that the company has achieved a certificate of conformance certifying that its quality management system meets the requirements of ISO 9001:2008. The company’s ISO 9001:2008 certification was audited and certified by ABS Quality Evaluations, Inc., a global provider of expert management systems certifications. ISO 9001, an internationally recognized quality standard, ensures that a set of procedures cover all key processes in a given business and include monitoring processes to ensure their effectiveness, keeping adequate records, checking output for defects and…

TuesdayNov 17, 2009 9:08 am

EV Innovations, Inc. (EVII.OB) Becomes Friend to the Environment with the Conversion of its First Lithium-Ion Fully Electric Truck

Perhaps one of the most overlooked electric car companies is EV Innovations, Inc. With offices in North Carolina and Las Vegas, EV has begun to develop a global presence within the ever-growing Green Technology World which is vastly becoming a new trend in the 21st Century. In an attempt to take the next step in the marketplace, EV has developed the conversion of a 12,000 GVWR cab and Chasis truck to all electric lithium-ion. This fully electric truck can be used not only for everyday purposes, such as deliveries, load hauling and flat bed towing, but it has been designed…

TuesdayNov 17, 2009 8:45 am

VIASPACE, Inc. (VSPC.OB) Announces Q3 2009 Financial Results

VIASPACE Inc., a clean energy company providing products and technology for renewable and alternative energy, this morning reported its financial results for the third quarter ended September 30, 2009. Revenues totaled $1.23 million, including $1.06 million from the late-2008 strategic acquisition of Inter-Pacific Arts, Inc. (IPA), and $171,000 primarily from Ionfinity's military contracts for monitoring and detection systems. Gross profit for the quarter was reported at $473,000, including $455,000 related to IPA. Comparatively, third-quarter 2008 revenues were $99,000 and gross profit was $23,000. Operating expenses for the quarter declined to $1.05 million from $2.82 million as a result of lower…

MondayNov 16, 2009 3:21 pm

November 16th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CVM, CHIP, ENZ, HYTM, IWEB, ONEZ, PHC, SIHI, SRCO Markets continued their strong performance this week in the absence of any major market driving earnings or economic reports, as the broad based buying that characterized the previous week continued and led to gains in all of the major indices. All told, the Dow added 2.5% on the week, gaining 247 points to close at 10,270, up 17.0% on the year. The Nasdaq posted a 2.6% gain on the week, closing at 2,167 to extend its yearly gains to 37.5%, while the…

MondayNov 16, 2009 2:39 pm

China XD Plastics Company (CXDC.OB) Up 49.43% Following Positive News

China XD Plastics Company is currently trading at $10.52 on volume of about 100,000 shares. The stock hit a high of $14.55 today and it is still up an impressive $3.48, or 49.43%, for the day. This company has been mentioned a couple times over the past few months in QualityStocks FREE Daily Newsletter. It was originally highlighted back on May 14, 2009 when China XD Plastics was trading for only $3.50 a share. Investors buying shares at that time have enjoyed a tripling of their investment. China XD Plastics, through its wholly-owned subsidiary Harbin Xinda Macromolecule Material, develops, manufactures…

MondayNov 16, 2009 2:33 pm

Small Cap Voice Featured Company: Lucas Energy, Inc. (LEI)

Lucas Energy, Inc. is a Houston, Texas based independent oil and gas company focused on identifying, evaluating and acquiring leasehold property interests, primarily in the Austin Chalk formation of the middle Gulf Coast of Texas, that are underperforming or have been shut-in or plugged and abandoned. Once acquired, the company revitalizes the properties by undertaking extensive re-entry and work-over procedures. These procedures include clean-up, repairs and treatments of the existing well bores and lateral extensions, as well as drilling new laterals into previously non-producing areas of the formation. By making tight field and operating management controls a priority, together with…

MondayNov 16, 2009 2:27 pm

Small Cap Voice Featured Company: Visual Management Systems, Inc. (VMSY.OB)

Visual Management Systems is a New Jersey Based Corporation focused on providing businesses with remote management systems for loss prevention, physical security, asset protection, and management controls – on and off-site. The company offers a wide array of protective technology products and services to a host of businesses and industries. Professional Loss Prevention consultants, System Design specialists, CCTV installers and technical support agents are available to assist Visual Management’s customers with all aspects of system design, ownership and usage and maximizing the value of a professional remote management system. The founders of VMS have accumulated extensive experience in loss prevention,…

MondayNov 16, 2009 2:19 pm

Wonder Auto Technology, Inc. (WATG) Receives Proceeds from Equity Offering

Wonder Auto Technology, Inc. closed on its recent offering of common stock and received $59.2 million in net proceeds. The company sold 6 million common shares at a price of $10.75, and may receive more proceeds if the underwriters exercise the overallotment option. The company plans on using the funds for general corporate purposes. Wonder Auto Technology, Inc. also recently purchased Friend Birch Limited for $12 million. Friend Birch Limited is an automotive parts supplier that specializes in rods and shafts technology, and produces automotive mechanical springs and gas springs. Wonder Auto Technology, Inc. is based in China and manufactures…

MondayNov 16, 2009 1:50 pm

Clenergen Corp. (CRGE.OB) Uses Tree Adaptation Process to Increase Yields on Biomass Feedstocks

Clenergen Corp. is one of the first companies to incorporate the efficiency gained from the direct cultivation of feedstock as a source of biomass for gasification processes and the generation of renewable electricity. Electric power generated from such power plants will then be sold by the company to local municipalities and industries, particularly in areas of the globe that have a poor energy infrastructure. One source of biomass that Clenergen will grow on their own plantations is bamboo. The company has identified a high calorific, high-density strain of micro-propagated bamboo that is capable of producing upwards of 45 tons per…

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