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FridayJun 25, 2010 11:49 am

Uranium Resources, Inc. (URRE) Reports Results of Secondary Offering

Uranium Resources, Inc. announced the results of a secondary public offering of the company’s common stock. The company issued 23.81 million shares at $0.42 per share. Uranium Resources, Inc. said that the offering would net the company approximately $9 million after commissions and expenses. Roth Capital Partners acted as the underwriter and sole manager of the public offering, and retains an overallotment right to offer an additional 3.33 million shares for 30 days. Uranium Resources, Inc. said that the proceeds would be used for general corporate purposes and possibly for an acquisition if an attractive company or asset could be…

FridayJun 25, 2010 11:47 am

Flint Telecom Group Inc. (FLTT.OB) Secures $10M in Equity Finance Agreement with AGS Capital Group

Flint Telecom Group Inc., an international telecoms technology and services organization, has completed a Reserve Equity Finance Agreement with New York-based AGS Capital Group, LLC. Over the next two years, AGS will purchase $10 million worth of shares of the Flint common stock for cash consideration. The equity agreement positions Flint Telecom in control of how and when it will raise equity and debt. Flint must increase its total authorized common shares and have an effective registration statement in place, both of which the company said are in progress. Vincent Browne, chairman and CEO of Flint said the equity agreement…

FridayJun 25, 2010 11:42 am

Cadiz (CDZI) Receives Go-Ahead from Water Agencies for Water Conservation Project

Cadiz Inc., a renewable resources company engaged in water conservation and supply, solar energy and organic farming projects, yesterday announced that two Southern California water agencies have approved agreements to move forward with the Cadiz Water Conservation & Storage Project and participate in the Project’s environmental review. The Cadiz Project in San Bernardino County, Calif. is one of the largest water conservation efforts of its kind. The design is to capture and recycle billions of gallons of renewable native groundwater that currently goes to waste by evaporation through the aquifer system, and use it as a sustainable annual supply for…

FridayJun 25, 2010 11:33 am

Uranium Energy Corp. (UEC) Taps World’s First Significant Alternative Energy Boom

Uranium Energy Corp., a uranium exploration and development company controlling one of the largest databases of historic uranium exploration and development in the country, is sitting on top of what could be the biggest uranium boom since the advent of nuclear energy. The U.S. used to be the world’s leading producer of uranium, peaking in the 1970s with the increase in production of nuclear power plants as well as nuclear weapons. After 1980, environmental concerns over the use of nuclear power, together with the increasing availability of low cost foreign energy sources, essentially ended the construction of new nuclear power…

FridayJun 25, 2010 8:35 am

Flint Telecom Group, Inc. (FLTT.OB) Signs $10 Million Reserve Equity Financing Line

Flint Telecom Group, Inc. announced yesterday that they completed a Reserve Equity Finance Agreement with New York based AGS Capital Group LLC. AGS has committed to purchase shares of Flint Telecom Group's common stock for cash consideration up to an aggregate of $10 million. This is over a period of two years. Mr. Allen Silberstein, Principal at AGS Capital Group, said, "We are very excited to be working with Flint Telecom as they have a very well thought out strategy with the opportunity to grow significantly in a trillion dollar industry. We look forward to providing them with the necessary…

FridayJun 25, 2010 8:26 am

Options Media Group Holdings, Inc. (OPMG.OB) Video Chart for Friday, June 25, 2010

We were requested to take a look at OPMG. There's a good support level at $.025 and resistance coming from a trendline, 50dma and pps resistance with the main resistance at $.035. The video explains in more details. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=426 Let us hear your thoughts below:

FridayJun 25, 2010 7:54 am

General Environmental Management, Inc. (GEVI.OB) to Focus Entirely on Waste-to-Energy Project in Brazil

General Environmental Management Inc. announced this morning that it will focus all efforts on the Bio-Energy Solutions Group, Inc. (BESG) Brazilian waste-to-energy project. The company intends manage BESG’s waste-to-energy operations in Pernambuco, Brazil, including the collection and processing of municipal solid waste and subsequent conversion to alternative energy. The management agreement will have a term of 15 years. “When we announced this decision yesterday, we did so with the clear vision of taking the years of management expertise and execution in the waste management field, and deploying those capabilities on the BESG project,” stated GEM CEO Tim Koziol. “This partnership…

ThursdayJun 24, 2010 2:41 pm

Spectrum Control, Inc. (SPEC) Reports Higher Earnings and Revenue in Second Quarter

Spectrum Control, Inc. reported net income of $3.3 million, or $0.25 per diluted share, in the second quarter of fiscal 2010. The company earned net income of $2.2 million, or $0.18 per diluted share, in the comparable quarter in 2009. Revenues also increased on a year over year basis in the second quarter of fiscal 2010. Spectrum Control, Inc. reported revenues of $39.7 million in the quarter that just ended compared to $33.6 million in last year’s second fiscal quarter. The management of Spectrum Control, Inc. indicated that the strong improvement in year over year results was due to orders…

ThursdayJun 24, 2010 2:01 pm

TechPrecision Corp. (TPCS) Reports Higher Backlog in Fiscal 2010

TechPrecision Corp. reported net income of $700,000, or $0.03 per diluted share, in fiscal year 2010, which ended on 3/31/2010. The company earned net income of $900,000, or $0.04 per diluted share, in fiscal 2009. TechPrecision Corporation reported a large decrease in revenues in fiscal 2010. The company had sales of $28.3 million in fiscal 2010, compared to $38.1 million in fiscal 2009. The management of TechPrecision Corporation attributed the large decrease in revenues to lower orders from GT Solar, the company’s largest customer, and the effects of the recession on business. TechPrecision Corporation saw a large increase in its…

ThursdayJun 24, 2010 1:55 pm

Thwapr, Inc. (THWI.OB) Teams up with Kingdom Entertainment Group to Leverage Mobile Content Platform

Thwapr, Inc., www.thwapr.com – developers of the powerful mobile video sharing platform of the same name which allows quality video content to be sent to and from mobile devices, today announced a strategic alliance with Chip Quigley and his event/TV production, project development and artist management company, Kingdom Entertainment Group. This is a great opportunity for THWI to seed its revolutionary Thwapr platform throughout the ideally-suited music, entertainment and publishing sectors, in which Quigley’s company is so well footed. In turn Quigley will use the Thwapr platform to supercharge his company’s support of ongoing activities in TV production, large print…

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