Blog - Page 3794 of 5548

WednesdayFeb 17, 2010 10:55 am

China Precision Steel, Inc. (CPSL) Reports Profit in Second Fiscal Quarter

China Precision Steel, Inc. reported net income of $2.6 million, or $0.06 per diluted share, for its second fiscal quarter of 2010. This was a strong improvement from the net loss of $2.0 million, or $0.04 per diluted share, in the same quarter last year. China Precision Steel, Inc. reported $27 million in revenues for the second fiscal quarter of 2010, up 54% from the $17.6 million reported in the same quarter in fiscal 2009. Dr. Wo Hing Li, the CEO of China Precision Steel, Inc., said, "We are optimistic that market activity will improve throughout the first half of…

WednesdayFeb 17, 2010 10:50 am

MacroSolve Inc. (MCVE.OB) Sells digiTICKET in Profitable Asset Transaction

MacroSolve Inc. is a young company that delivers mobile applications and solutions to businesses and government. Formed in 1997, MacroSolve has developed an array of products in a growing mobile application industry. Today, MacroSolve took a major step towards enhancing its future with the announcement that they have sold one of their feature products, digiTICKET. Since its development in 2009, digiTICKET has become a state-of-the-art product in the law enforcement market. With superior technology in place, digiTICKET has helped MacroSolve control its share of the market. The electronic ticketing digiTICKET sold for $450,000 in an asset sale. MacroSolve received $400,000…

TuesdayFeb 16, 2010 5:00 pm

Energtek, Inc. (EGTK.PK) Successfully Completes LMP Technology Field Test

Energtek Inc., a world leading developer of Adsorbed Natural Gas (ANG) technology, announced today after the closing bell that the company has successfully completed a field test of its proprietary Low-pressure Mobile Pipeline(TM) (LMP) system in western Africa. The test was performed together with a major local producer of natural gas. The local company is jointly owned by a Texas-based exploration company and a fund managing the oil and natural gas investments of a major French financial institution. As part of this field test, natural gas was transported by Energtek's LMP semi-trailer from an existing natural gas production site and…

TuesdayFeb 16, 2010 4:04 pm

Energtek, Inc. (EGTK.PK) Makes Natural Gas a Natural Solution

Energtek, Inc., a leader in the development and application of ANG (Adsorbed Natural Gas), holds proprietary technologies for the bulk transportation of natural gas at a time when world need for it has never been higher. Rapidly developing nations, often with large and growing populations, face a skyrocketing demand for energy, both residential and industrial. At the same time, rising environmental and resource pressures have made the use of oil more costly and problematic than ever before. For many of these countries, natural gas offers the best solution. NG is both cheaper and cleaner than oil, and is, in fact,…

TuesdayFeb 16, 2010 2:42 pm

Derycz Scientific (DYSC.OB) Posts Q2 and FY 2010 Results, Reports First Quarter of Profitability and 121% Revenue Increase

Derycz Scientific develops companies, products, services and systems to facilitate easy flow of information from content publishers to their constituents. The company today announced its second-quarter and half-year financials for fiscal 2010. The company reported a 121 percent increase in second-quarter revenue to $7.6 million, up from $3.4 million for the same period of fiscal 2009. For the six months ended December 31, 2009, revenue increased 87 percent to $12.4 million, up from $6.6 million for the same period the year prior. Quarterly income rose to $235,734, or 2 cents per fully diluted share, compared to a loss of $132,177,…

TuesdayFeb 16, 2010 2:33 pm

Consorteum Holdings, Inc. (CSRH.OB) Reaches Private Placement Financing Agreement

Consorteum Holdings Inc. is a firm with extensive expertise in the payments and transaction industries globally. Each program and initiative launched by the company has a goal of finding the right solution for its clients and driving additional transaction-based, long-term revenues for the company which will increase shareholder value. A few weeks ago, the company announced that it has reached an agreement to raise additional financing with private investors who already had an investment interest in Consorteum. This agreement will provide for an initial investment of up to $1 million in the first two fiscal quarters of 2010. The funding…

TuesdayFeb 16, 2010 2:02 pm

China PolyPeptide Group Inc. (CHPN.OB) is “One to Watch”

China Polypeptide Group, Inc. (“CPG”) is a corporation that comprises multiple entities. They have their wholly owned subsidiary, Cantix. Cantix's wholly owned direct subsidiary is Moneyeasy Industries Limited, a Hong Kong limited company. Moneyeasy's wholly owned direct subsidiaries are Wuhan Tallyho Biological Product Co., Ltd., a China limited company, and Wuhan Polypeptide Anti-Aging Research and Development Co., Ltd., a China limited company. Tallyho's operating subsidiary is Guangdong Hopsun Polypeptide Biological Technology Co., Ltd., a China limited company. Since 1996, through Cantix's China operating subsidiaries, Tallyho, Hopsun, and Wuhan Anti-Aging, CPG mainly engages in research, development, manufacturing, marketing, and sales of…

TuesdayFeb 16, 2010 1:46 pm

Affinity Gold Corp. (AFYG.OB) ‏is “One to Watch”

Trading on the OTC Bulletin Board, Affinity Gold Corp. is a junior gold exploration company. Their focus is on the exploration, acquisition, and development of alluvial and open-pit mining concessions located within Latin America. The Company's core strategy is to acquire, prove, and develop high-grade low-cost gold properties, conducive to alluvial and open pit mining operations. Affinity Gold received incorporation as "Syncfeed Inc." in the State of Nevada on March 27, 2007. Effective February 10, 2009, with the State of Nevada, they completed a merger with their wholly owned subsidiary, Affinity Gold Corp. Consequently, they changed their name from Syncfeed…

TuesdayFeb 16, 2010 12:47 pm

Advanced Energy Industries, Inc. (AEIS) Shows Strong 4Q 09 Financials

Advanced Energy Industries, Inc., developer of power and control technology for the solar industry, semiconductors, flat panel displays, architectural glass and many other advanced applications including thin-film manufacturing, announced its 4Q 09 (ended Dec. 31) financial results today. CEO of AEIS Hans Betz said that the 4Q 09 figures marked a “high point” for last year, as revenue and additional profits were obtained through a skillful leveraging of strategic cost reductions executed throughout the year. Hans Betz noted, as chief inputs, a rebound in the semiconductor capital equipment market and penetration into the larger multi-megawatt sector from the Company’s Solaron…

TuesdayFeb 16, 2010 12:44 pm

GC China Turbine Corp. (GCHT.OB) Signs Agreement to Develop Wind Farm in Mongolia

GC China Turbine Corp., the Wuhan City, Hubei Province-based developer of next generation, 2-blade wind turbines incorporating proprietary technology (which makes them renowned for low-cost and reliability), announced a cooperation agreement today with Inner Mongolia-based Fengshuo Wind Power Co., Ltd to develop a 300-MW wind farm for regional power generation. The cooperation agreement was signed January 30, 2010, and is now being rapidly implemented. The development of this facility will require the purchase of many of GCHT’s turbines. The decision to move forward comes after successful acquisition by Fengshuo of a Consent Letter from the Alukeerqinqi Development & Reform Bureau…

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