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WednesdayDec 30, 2009 1:31 pm

TaxMasters, Inc. (TAXS.OB) Reveals Outstanding 2009 Growth, Announces Growth Strategy for 2010

TaxMasters, Inc., which specializes in helping clients resolve outstanding federal tax debt by leveraging a team of seasoned industry professionals, disclosed to the public today, Wednesday, December 30, the issuance of its December letter to shareholders in which 3Q FY 09 results are detailed and the growth strategy for 2010 is outlined. Founder, President and Chairman of the Board of TAXS, Patrick Cox, explained in the letter to shareholders that – since going public in 2009 via a reverse merger – “sustained growth was driven primarily by an increase in demand for IRS tax relief and individuals looking to regain…

WednesdayDec 30, 2009 12:31 pm

Sector 10, Inc. (SECI.OB) Up Over 70% Following CEO Message and Extensive Newsletter Coverage

Sector 10, Inc. shares are currently trading at $0.24, up 71.43%, on incredible volume of nearly 3.5 million traded shares. Today, Beacon Equity Research, Microcap Voice, Penny Stocks Finder, Stock Preacher, Penny Stocks Finder, StockHideout, Investor Soup and FHPS covered the company in their stock newsletters. With an average daily volume of 298,830, the stock has never traded so many shares in a single day. Sector 10 is focused on redefining the emergency response paradigm from centralized equipment staging to onsite pre-deployed resources. Sector 10 is the only emergency response systems company so strongly emphasizing pre-deployed resources as the way…

WednesdayDec 30, 2009 10:05 am

Indigo-Energy, Inc. (IDGG.OB) Engages Oil and Gas Advisors to Assist with Well Completion Efforts

Indigo-Energy, Inc. was pleased to announce today that it has engaged Oil and Gas Advisors, Inc. (OGA) of Dallas, Texas to assist with completion efforts on its wells drilled in the Illinois Basin. Indigo recently received the funding necessary to begin the final steps of completion engineering on three natural gas wells and one oil well drilled earlier this year. Working with Indigo’s existing operating partners in the Basin, Oil and Gas Advisors will help ensure the best production results possible once the wells are brought to completion. Led by President Robert Dickinson, who brings over 24 years of natural…

WednesdayDec 30, 2009 9:55 am

Subaye, Inc. (SBAY.OB) Reports Year-End Results for Fiscal 2009

Subaye, Inc. announced this morning its financial results for the fiscal year ended September 30, 2009. The company’s revenues for the fiscal year ending September 30, 2009 totaled $47,987,000, up 64% from $29,172,000 in fiscal year 2008. Net income grew 159% year-over-year to $9,778,000, or $5.33 EPS, up from $2.47 EPS in the prior year period, both of which are adjusted for the recent reverse stock split. Net margin increased to 20% as compared to 13% in fiscal 2008. Mr. Cai, the CEO, commented, "I am very pleased with our financial results for fiscal 2009. Our online membership business had…

WednesdayDec 30, 2009 9:46 am

Mixed Economic Indicators Show Signs of Improvement

Don’t start waving the flags yet, but at least a few economic indicators are finally starting to edge upward. For the second month in a row, Americans’ overall confidence in the economy increased, with job market expectations hitting their highest level in two years. The Conference Board Consumer Confidence Index, which had increased in November, rose again in December by 4.5%, to 52.9. This is higher than the reading expected by economists polled by Thomson Reuters, but still far from a score of 90 that would signify a solid economy. This same index was at its historic low of 25.3…

WednesdayDec 30, 2009 9:43 am

China Valves Technology, Inc. (CVVT) to Raise $3 Million in Stock Offering

China Valves Technology, Inc. signed an agreement to sell stock to an accredited investor, issuing 333,334 shares of common stock at a price of $9.00 per share. The company will get proceeds of $3.0 million before expenses. China Valves Technology, Inc. also issued warrants to the investor that allows the holder to purchase 50,000 shares of common stock at an exercise price of $9.00 per share. The warrants are only exercisable for 30 days after the issuance. Both the common stock and warrants issuance are expected to close on December 31, 2009. China Valves Technology, Inc. said the proceeds would…

WednesdayDec 30, 2009 9:41 am

Sanswire Corp. (SNSR.OB) Extends Invitation to US Debut of Unmanned Aerial Vehicle

Yesterday, Sanswire Corp. announced that it has opened requests to cordially invite interested parties to the US unveiling of its STS-111 Unmanned Aerial Vehicle. The announcement, made through the company’s joint venture, Sanswire-TAO Corp., pertains to the ceremony tentatively scheduled for the second quarter of 2010 in Orlando, Florida. Sanswire has posted a special request form on its website where shareholders, investors, members of the media, aerospace industry executives, US military personnel, and federal and state government officials can request a formal invitation to the event. The STS-111 is a Mid Altitude Long Endurance (MALE), lighter-than-air UAV designed for surveillance…

WednesdayDec 30, 2009 9:33 am

ClickSoftware Technologies Ltd. (CKSW) Predicts Record Revenues for the Fourth Quarter of 2009

ClickSoftware Technologies Ltd., a leading provider of workforce management and service optimization solutions that create business value, including higher levels of productivity, customer satisfaction and cost effectiveness, recently announced that the company expects record revenues in the fourth quarter of 2009 of approximately $17 million. This estimate exceeds the company’s previous guidance of between $16.0 million and $16.7 million. The strong fourth quarter will lead to annual revenues of approximately $61 million for fiscal year 2009, compared to annual revenues of $52.3 million in fiscal year 2008. ClickSoftware expects to report financial results for the fourth quarter and fiscal year…

WednesdayDec 30, 2009 8:39 am

Consorteum Holdings Inc. (CSRH.OB) Launches Rebate Program to Benefit Consumers and Retailers

Consorteum Holdings Inc. identifies new technologies and trends in the market place to boost revenues in existing markets, enter into new markets, and efficiently deliver unique products and services to those marketplaces. The company recently announced the launch of its consumer stored value rebate card, as part of its rebate program that offers manufacturers and retailers a new way to process mail-in rebates while decreasing overhead expenses and maintaining consumer loyalty. Consorteum said it plans on working directly with those manufactures and retailers to reduce administration costs involved with the rebate program. Its plan allows for additional revenue and cost-saving…

TuesdayDec 29, 2009 2:55 pm

The Mint Leasing, Inc. (MLES.OB) Announces Purchase and Lease Transactions Involving Fifty New Toyota Camrys and Corollas

The Mint Leasing, Inc., provider of innovative leasing services to customers of franchised automobile dealers throughout the United States, announced that it has purchased fifty 2010 Toyotas (Camry and Corolla models) from a leading Houston Toyota dealer, utilizing its new and previously announced credit facility of up to $10 million. The vehicles have already been leased to a major automobile rental agency in San Antonio, Texas. "This transaction follows the purchase and lease of sixty-one Toyota Corollas that was announced earlier this month and illustrates an improving business outlook for Mint Leasing that we expect to continue into 2010," stated…

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