Blog - Page 3785 of 5383

FridaySep 04, 2009 3:34 pm

Credence Corp. (LTXC) Offers Positive Outlook for Q1 2010 Despite Q4 and FY 2009 Losses

Credence Corp. today announced its fourth-quarter results for the period ended July 31, 2009, as well as its expectations for fiscal 2010. The provider of chip testing equipment reported a loss for its fiscal fourth-quarter and full-year results, but gave positive guidance for the first quarter of 2010. The company reported sales for the fourth quarter at $35,176,000, a 43 percent increase over the third quarter of 2009, surpassing its previous quarterly guidance. Credence posted a fourth-quarter net loss of $9,622,000, or 8 cents per share, on a GAAP basis, as compared to earnings of $630,000, or 1 cent per…

FridaySep 04, 2009 2:45 pm

Savoy Energy Corp. (SNVP.OB) Brings Old Sources Back Online

Savoy Energy Corporation, an independent oil and gas company based in Texas, specializes in what is called “recompletion” and “workover” activities. What this means is that the company is very good at identifying and acquiring abandoned oil and gas wells that still have a lot to give, and bringing them back into production using advanced processing technologies and careful management. Savoy is known for its ability to economically extract significant remaining product from abandoned wells. Savoy is already producing oil from four wells, and has identified 18 other U.S. wells that are favorable candidates for turnaround. In addition, the company…

FridaySep 04, 2009 1:46 pm

Green Energy Live, Inc. (GELV.OB) is “One to Watch”

Green Energy Live, Inc. is a green, bio-conversion-technology engineering company for fuel, farming, and waste management. The company's corporate mission is develop, patent, and implement proprietary conversion technology for biofuels. Trading on NASDAQ's OTCBB, Green Energy Live, Inc. is part of the Specialty Chemicals industry in the Basic Materials sector. Green Energy Live is concentrating their efforts on the waste/biomass-to-ethanol industry. They are working to convert wastes, currently in landfills, into ethanol and other valuable co-products. This is through using their proprietary patented gasification and conversion technology. The company's strategy is to acquire or deploy proprietary technologies that will extract…

FridaySep 04, 2009 1:41 pm

American Lithium Minerals, Inc. (AMLM.OB) is “One to Watch”

Headquartered in Henderson, Nevada, American Lithium Minerals is a mineral exploration company with interests in America's richest lithium reserves. The Company has 100 percent mineral rights to 16,000 acres comprising four claim blocks in Nevada's lithium-rich Montezuma Valley. The company is currently assessing the size, quality, and processing alternatives of their Lithium Brine Project. Formerly known as Nugget Resources Inc., the Company changed their name to American Lithium Minerals, Inc. on March 20, 2009. They have their corporate headquarters in Henderson, Nevada. There is currently an increased demand for lithium carbonate due to the shift to hybrid/electric vehicles. American Lithium…

FridaySep 04, 2009 1:15 pm

Leaving Adaptis, Inc. Behind, Clear Choice Health Plans (CCHN.OB) Signs Agreement with the TriZetto Group, Inc.

Today, Clear Choice Health Plans, Inc. announced that the company is terminating its business relationship with Adaptis, Inc., its business process outsourcing vendor, following a mutual agreement to stop service. The company also announced that it has started a new five-year contract for BPO services with The TriZetto Group, Inc., an information technology and services company with expertise in the health care industry. The TriZetto Group will provide claims administration, enrollment administration, billing, mailroom and business rules configuration services. TriZetto will also manage and host the underlying QNXTTM enterprise administration system and related software from its data centers. The transition…

FridaySep 04, 2009 11:37 am

Universal Travel Group (UTA) Provides Update on Chinese Expansion

Universal Travel Group is a growing travel services provider in China. The company provides services such as: hotel reservations, airline bookings, and packaged tours via the internet and through customer service representatives. The company announced today the successful achievement of new milestones with regard to its Chongqing expansion strategy. Universal Travel also announced that it has formed a strategic partnership with China Telecom to rollout an additional 100 TRIPEASY kiosks equipped with China Telecom's 3G services in the third quarter. In Chongqing (a large city in western China), the company has formed partnerships with 50 travel agencies to expand its…

FridaySep 04, 2009 11:32 am

Wescorp Energy, Inc. (WSCE.OB) Receives $1 Million Commitment for the Construction of Three Remediation Units

Wescorp Energy, Inc., an oil and gas operations solutions company focused on commercializing operational technologies, recently announced that the company has received a $1 million commitment from Cancen Oil Canada Corporation, an oilfield waste management and processing company. Cancen has committed $1,000,000 for the immediate construction of three Wescorp remediation units. This commitment is in accordance with the joint venture partnership that was announced on July 29, 2009. Management has agreed that the first three units will consist of two H20Maxx water units and one HCXT solids remediation unit. H20Maxx is a commercially proven, safe and economical process for cleaning…

FridaySep 04, 2009 11:30 am

GreenHunter Energy Inc. (GRH) Signs Long-Term Biomass Power Deal, Houston Operation Continues to Develop

Finding footing in a new world of energy consumption is a difficult task. What will sell and work is thought to be understood but can sometimes turn out to be a "dud". Time is the key. Maybe the right timing has yet to come. In this regard, diversification can help. Maybe this product idea has yet to find its time, but that one is right and ready to profit. A company that understand the general concept and spreads its resources in an efficient way is one that may coast along today, but be ready to explode with profit tomorrow. GreenHunter…

FridaySep 04, 2009 11:26 am

ValCom, Inc. (VLCO.OB) Finds Major Opportunities in Distribution Agreement with the Worship Network

ValCom Inc. reached a major milestone with the announcement that one of its major subsidiaries, MyFamilyTV, has cleared an additional 16 million homes for the KidMango programming block. This partnership is not only catching the eyes of the television audience but is also making noise on Wall Street. In only a few short months, MyFamilyTV has achieved astounding growth. In late 2008, the network’s programming was available to 15 million homes. With the signing of this agreement, MyFamilyTV’s program offerings will now be distributed to over 58 million homes across the United States. KidMango is a joint venture between MyFamilyTV's…

FridaySep 04, 2009 10:05 am

Solanex Management Inc. (SLNX.OB) Adds Board Member

Solanex Management Inc. announced today that Mr. Luis Mora has accepted a position on the company’s Board of Directors. Currently residing in Barcelona Spain, Mr. Mora has during the past five years researched and negotiated with municipalities throughout Mexico for the implementation of waste to energy facilities. Mr. Mora's knowledge of the Mexican and Central American regions' political and socio-economic practices will be invaluable to Solanex's efforts in Central America. The company was also pleased to announce that it has received a proposal for the due diligence of the waste to energy technology previously announced. The proposal includes a complete…

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