Blog - Page 3801 of 5513

MondayJan 04, 2010 1:46 pm

FormCap Corp. (FRMC.PK) Drilling the Weber City Prospect in the Permian Basin

FormCap Corp. is an emerging domestic exploration and development company in the Oil and gas sector. To date, the company has assembled 4,800 acres of oil and gas mineral leases – the Weber City Prospect – located in Curry County in eastern New Mexico. Geologically, FormCap's Weber City Prospect is on the northern flank of the prolific Permian Basin and focuses on the Cisco Formation of Pennsylvanian Age. In order to better understand the prospect from a geological perspective, here is a brief description of the Pennsylvanian Reef reservoirs formed: The Cisco Formation is primarily marine limestone and shales, with…

MondayJan 04, 2010 1:44 pm

China HGS Real Estate Inc. (CAHS.OB) Sets Record Results for Fiscal Year 2009

China HGS Real Estate Inc., a real estate developer based in Hanzhong, China that specializes in second- and third-tier cities, where rising GDP and disposable income drives demand for the Company’s apartment building properties, today announced record results for FY 09 (ending September 30, 2009). With a national grade II qualification for real estate and a ranking as the No.1 developer of properties (in terms of market share) for 2007 and 2008 in Hanzhong, Shaanxi Province, via its wholly owned subsidiary Shaanxi Guangsha Investment and Development Group Co., Ltd., CAHS is well-positioned to extend its success story into 2010 and…

MondayJan 04, 2010 11:58 am

Masterbeat Corp. (GRNN.OB) Announces Allen & Caron will Conduct Corporate Communications and Investor Relations

One company that is starting to make its mark within the music industry and catch the eyes of investors is Masterbeat Corporation. Located in New York, Masterbeat owns and operates the famed www.masterbeat.com website which makes remixes, electronica and the making of dance music readily available to consumers on the internet. Today, Masterbeat took a major step towards enhancing its future when they selected Allen & Caron for their corporate communications and investor relations. The addition of Allen & Caron is a major coup for Masterbeat. Allen & Caron has grown into a giant in the investor and marketing relations…

MondayJan 04, 2010 11:54 am

Thoughts for the New Year – Find Dividend Plays and Sectors with Potential

The past year of 2009 has been a rather intriguing year within the investment world. Most investors began with a solid loss to their portfolios and then worked back to near even. Others may have not been so fortunate. So, where does one look as a new year of possibility begins? This is an interesting question to be sure, but one that can find ideas depending on a particular investor’s needs and wants. Starting long-term, always remember life insurance and its tax ramifications. Also consider the Roth IRA. From a stock perspective, there are many ways to think. Most in…

MondayJan 04, 2010 11:48 am

Weis Markets (WMK) Lowers Prices on Thousands of Grocery Items

Weis Markets lowered prices on 2,600 products that it carries in its stores, and froze prices for an additional 624 items. The two measures will run for 90 days, until April 1, 2010, and are spread across the produce, frozen, dairy, meat, deli and bakery sections. The company took the action to help its customers during the recession and financial crisis. David J. Hepfinger, the CEO of Weis Markets, said, “It is clear our customers remain in a cautious mood due to the weak economy. Over the past year, our Price Freeze program has generated $16 million in savings for…

MondayJan 04, 2010 11:42 am

China Ceramics Co. Ltd. (CHSQ.OB) Subsidiary Posts Unaudited Q3 Results, Reporting 16% Increase in Revenue

Leading Chinese ceramic tiles manufacturer, China Ceramics Co. Ltd., today posted its unaudited third-quarter financial results for Success Winner Limited, its BVI-located subsidiary. The results are prior to China Ceramics’ acquisition of Success Winner in November 2009. For the third quarter ended September 30, 2009, Success Winner reports a 15.8 percent increase in revenue, attributed to a 16.4 percent increase in square meters of ceramic tiles sold in the third quarter of 2009 as compared to the third quarter of 2008. Revenue for the nine months ended September 30, 2009, increased nearly 9.6 percent from the same period in 2008,…

MondayJan 04, 2010 11:38 am

eDoorways Corp. (EDWY.PK) Launches Recent Developments Section to Showcase Coming Upgrades and Features

eDoorways Corp. today announced that it has added a "Recent Developments" tab to the navigation bar of its corporate website, this past Thursday, December 31st, 2009. The Recent Developments section provides users and investors with descriptions of some exciting new upgrades and features coming to the PowerKeys, chat and top menu functionality. The added section also offers a look at what the interface of the first doorway's Dashboard will ultimately look like once "SOLVE" is fully functional. "What people must remember is that 'SOLVE,' in the beginning, had a very robust yet much more complex GUI as demonstrated by the…

MondayJan 04, 2010 9:14 am

Synergy Resources Corp. (SYRG.OB) Completes Private Offering Sale

Oil and gas specialist Synergy Resources Corporation announced that it has completed a 41.65 unit sale in a private offering. From the sale, Synergy received net proceeds of $3,700,000. The company has decided to divide the proceeds towards the following projects: commencing its 2009/2010 winter drilling program, initiating a planned well program in the Wattenberg Field in the D-J Basin, and stimulating and placing in production 7 Meyer wells and 4 Wiedeman wells. Each of the units in the offering consists of one promissory note in the principal amount of $100,000 for 37,000 warrants. The notes bear interest at 8%…

MondayJan 04, 2010 9:12 am

Seven Arts Pictures (SAPX) Announces Production and Distribution Agreement with Three UK-based Film Companies

Seven Arts Pictures, an independent motion picture production and distribution company, recently announced the completion of a production and distribution agreement with investors in the United Kingdom. This agreement is intended to raise capital for the production and distribution costs for future motion pictures and acquisitions. After successfully completing the first tranche of the investment on August 26, 2009, Seven Arts Pictures closed the balance of the transaction on December 27, 2009. The company is expected to record net revenues of roughly $3 million from the transaction, which it intends to use to pay back indebtedness. Seven Arts Pictures expects…

MondayJan 04, 2010 9:10 am

Cushing MLP Total Return Fund (SRV) to Raise $1.9 Million In Stock Offering

The Cushing MLP Total Return Fund announced a public offering of 250,000 shares of common stock at $7.56 per share. The fun expects to receive $1.9 million in net proceeds from the offering, and will use the funds to invest in adherence with its objectives. The Cushing MLP Total Return Fund is selling the shares at a 20% premium to the net asset value of the fund on December 23, 2009. The total shares outstanding of the Cushing MLP Total Return Fund will increase to 12,536,691 after the offering closes in January 2010. The Cushing MLP Total Return Fund is…

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