Blog - Page 3744 of 5743

FridayOct 01, 2010 2:29 pm

Beacon Equity Research Company: AmeriLithium Corp. (AMEL.OB)

AmeriLithium is headquartered in resource-rich Nevada and has a solid focus on lithium exploration and mining as a strategic/sustainable energy asset for powering America’s future. Lithium has quickly become an instrumental and vital resource for securing an ecologically-sound energy infrastructure, and AMEL is positioned to lead the market forward as the sector grows on strong demand driven by governmental support aimed at transforming the energy economy of America. In applications ranging from pharmaceuticals to energy, lithium forms the basis for the vast majority of batteries in modern electronic devices and is an essential factor in the proliferation of hybrid and…

FridayOct 01, 2010 1:11 pm

Imperial Petroleum, Inc. (IPMN.OB) Subsidiary Reports Excellent Data, Fuel Sales up 61%

Imperial Petroleum, www.imperialpetroleuminc.com – wholly-owned subsidiary, e-Biofuels (a biofuel-focused production arm for the Company out of Middletown, Indiana), reported excellent sales data for September today, moving over 1.87M gallons of biodiesel that resulted in revenues of some $5.65M. Compared to an average of monthly revenues from 2009, this data represents a whopping 339% increase, and is a 61% increase over July 2010 figures, clearly demonstrating the massive uptake and success of the venture. President of IMPN, Jeffrey T. Wilson, commended staff and management at the e-biofuels subsidiary for their dedicated efforts to increase sales volume and revenues while holding down…

FridayOct 01, 2010 12:43 pm

EarthLink Inc. (ELNK) to Acquire DeltaCom (ITCD.OB) for $516M

EarthLink Inc., a leading Internet service provider, and ITC^DeltaCom Inc., a leading provider of integrated communications services to customers in the southeastern United States, have inked a merger agreement in which EarthLink will acquire Deltacom for $3 per share in cash, for an aggregate value of approximately $516 million, including assumption of $325 million in debt. The deal will equip EarthLink with the resources to create a leading IP infrastructure and solutions company by integrating its existing ISP and IP-focused businesses with Deltacom's communications business. "As the demand for high-quality IP infrastructure continues to rapidly grow, we see a significant…

FridayOct 01, 2010 12:41 pm

MediaNet Group Technologies, Inc. (MEDG.OB) Names Mark Mroczkowski CFO

Located in Boca Raton, Florida, MediaNet has earned a stellar reputation as a global marketing company that sells high end branded merchandise to consumers through internet-based auctions conducted under the trade name “DubLi.com.” Today, MediaNet took another step towards prominence with the announcement they have appointed Mark Mroczkowski as their Chief Financial Officer. Mroczkowski will be responsible for MediaNet’s finance, accounting and treasury functions. In this capacity, Mroczkowski will work closely with MediaNet’s President and CEO Michael Hansen. Prior to being appointed to this position, Mroczkowski worked as a consultant for the company and his work ethic and reputation led…

FridayOct 01, 2010 11:17 am

RELM Wireless Corp. (RWC) Lands $3.2 Million in Military Orders

RELM Wireless Corp. announced yesterday that various branches of the U.S. military have generated orders for the company totaling roughly $3.2 million, to be fulfilled during the fourth quarter of 2010. The orders, for both domestic and international deployment, include products covering VHF, UHF, and 800MHz frequencies, with $2.7 million for RELM’s new P25 trunked portable and mobile radios. P25 compliance is based upon the APCO Project 25 requirements for interoperability among compliant equipment, regardless of manufacturer, the result largely of communication issues experienced during 9/11 and Hurricane Katrina. RELM President and CEO, David Storey, explained the significance of the…

FridayOct 01, 2010 8:55 am

AZZ Inc. (AZZ) Reports Mixed Results for Second Quarter of Fiscal 2011

AZZ Inc. reported an increase in sales for the second quarter of fiscal 2011 compared to the same period in fiscal 2010. The company also saw a decline in net income over the same period. AZZ Inc. had sales of $99.6 million in the second quarter of fiscal 2011, ending 8/31/2010. The company reported sales of $95.2 million in the comparable period in fiscal 2010. AZZ Inc. reported net income of $9.6 million, or $0.77 per diluted share, in the second quarter of fiscal 2011. In the second quarter of fiscal 2010, the company had net income of $11.1 million,…

FridayOct 01, 2010 8:50 am

Mesa Energy Holdings, Inc. (MSEH) Issues Operations Update on Oil and Gas Activity

Mesa Energy Holdings, Inc. issued an operations update on the company’s oil and gas activities in New York. Mesa Energy Holdings, Inc. is currently drilling test wells at the Java natural gas field located in Wyoming County, New York. The company intends to determine the potential of the Marcellus Shale and other formations on its acreage in the field. Mesa Energy Holdings, Inc. recently drilled and recompleted the Reisdorf Unit #1 well. The well was drilled to a depth of 1,380 feet and completed with a hydraulic fracturing operation. The company said that the Reisdorf Unit #1 well had a…

FridayOct 01, 2010 8:44 am

Trio-Tech International (TRT) Fiscal 2010 Revenue Increases 85% to $37 Million

Trio-Tech International is a diversified business group pursuing interests in semiconductor test and manufacturing, oil and gas equipment fabrication, solar products and real estate. Yesterday, the company announced results for its fiscal year and the fiscal fourth quarter of 2010. Revenues for the fiscal year ended June 10, 2010, increased 85% to $36,928,000. Net income was $0.11 per shares versus a loss of $0.46 a share last year. Revenue for the fourth quarter of fiscal 2010 tripled $12,874,000 compared to $4,328,000 in the same period of fiscal 2009. Net income for the quarter was $323,000 compared to a loss of…

FridayOct 01, 2010 8:43 am

Desmond Wheatley Appointed to Envision Solar International, Inc. (EVSI.OB) President and COO Positions

Envision Solar International announced today the appointment of Desmond Wheatley as President and COO. Wheatley has been a consultant of Envision since May of 2010. He will be assisting the CEO and Board of Directors in the development of company strategy and leading day to day activity in the company. With two decades of management experience in technology systems integration, as well as energy management, communications and renewable energy, Wheatley has founded and operated four profitable start-up companies, engaged in M&A activities and evaluated acquisition opportunities. He has also raised commitments of $500 million in debt and equity. Mr. Wheatley…

FridayOct 01, 2010 8:39 am

Tootie Pie Company Inc. (TOOT.OB) Pies Now Carried in Crescent Market

Tootie Pie Company Inc. announced yesterday that Tootie Pies are now carried in Crescent Market, an upscale grocer located in Oklahoma City, Oklahoma. The Crescent Market is located in Nichols Hills Plaza at 6409 Avondale Drive, close to the intersection of NW 63rd and North Western Ave. Said Don Merrill, President & CEO of Tootie Pie Company Inc., "A Gourmet Tootie Pie in a gourmet grocer is exactly the combination we are seeking. We are pleased to continue our expansion into upscale operations with the addition of Crescent Market, a recognized and valued gourmet grocer." The Store Manager of Crescent…

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