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ThursdayMar 11, 2010 8:49 am

Blount International, Inc. (BLT) Reports Profitable Fourth Quarter

Blount International, Inc. reported net income of $6.5 million, or $0.13 per share, in the fourth quarter of 2009. This was a small decline from the $6.9 million, or $0.14 per share, reported in the same quarter of 2008. Blount International, Inc. said that revenues for the fourth quarter of 2009 came in at $141.5 million, up 6% year over year and 8.6% sequentially. Joshua L. Collins, the CEO of Blount International, said “the company was able to navigate successfully through a difficult economic environment over the past fifteen months. Significant cost control actions implemented in the first half of…

ThursdayMar 11, 2010 8:47 am

China LianDi Clean Technology Engineering Ltd. (RMSI) Reports Profit in First Nine Months of Year

China LianDi Clean Technology Engineering Ltd. reported net income of $11.3 million for the first nine months of fiscal 2010. The company earned only $0.8 million in the same period in fiscal 2009. Revenues were also up strongly on a year over year basis, to $45.6 million, from $8.2 million in fiscal 2009. China LianDi Clean Technology Engineering Ltd. gave revenue guidance of $70.2 million and $116.7 million for fiscal year 2010 and 2011, respectively. The company also guided the street to expect net income of $15.1 million for fiscal 2010 and $25.0 million for fiscal 2011. China LianDi Clean…

ThursdayMar 11, 2010 8:46 am

Lotus Pharmaceuticals, Inc. (LTUS.OB) Reports Groundbreaking Ceremony for New Building Complex

China-based company, Lotus Pharmaceuticals, Inc. reported on its March 9th groundbreaking ceremony for the construction of a new building complex in Beijing. Attending the ceremony were Beijing municipal and Chaoyang district government officials, China State Food & Drug officers, and representatives of both state-owned and private pharmaceutical companies. The new nine-floor building complex will be used for offices, research and development, production, and modern storage. Interim production of the drugs slated to be produced at the new facility will be produced by third parties until the completion of the building complex. At the start of the ceremony, Lotus CEO, Zhongyi…

ThursdayMar 11, 2010 8:44 am

Prime Star Group’s (PSGI.OB) Subsidiary Wild Grill Foods, Inc. Forms Strategic Partnership with UniSea, Inc.

Prime Star Group, Inc., a premium food and beverage products, distribution and risk management business, recently announced that the company’s wholly owned subsidiary, Wild Grill Foods, Inc., has secured an agreement with UniSea, Inc., a leading producer of a variety of finished seafood products that are marketed and distributed throughout the world. This strategic partnership will help Wild Grill Foods meet its expanded production needs due to the company’s increase in demand for various seafood products. Based in Redmond, Washington, UniSea produces seafood products from lobster, Pollock, Pollock Roe, Pacific Cod, Black Cod, Snow Crab, Salmon, King Crab, Halibut, Whitefish…

WednesdayMar 10, 2010 8:56 pm

Fund.com, Inc. (FNDM.OB) to Bring Actively Managed ETFs to the Market through AdvisorShares Subsidiary

Fund.com, Inc. announced today after the closing bell that its majority-owned subsidiary, AdvisorShares Investments, LLC, a developer and distributor of actively managed ETFs, anticipates having three actively managed ETFs trading on the New York Stock Exchange in April. As of today, there are only 17 actively traded ETFs on the market. According to Fund.com CEO Gregory Webster, AdvisorShares is one of the few firms that has approval from the Securities and Exchange Commission (technically known as exemptive relief from the provisions of the Exchange Act of 1940) to form new actively managed ETFs. Webster noted AdvisorShares’ major advantage in its…

WednesdayMar 10, 2010 3:07 pm

Journal of Orthopedic Trauma Publishes Positive Review of SANUWAVE Health Inc. (SNWV.OB) Technology

SANUWAVE Health Inc. is an emerging medical technology company channeling its efforts to develop and commercialize non-invasive, biological response activating devices in the regenerative medicine area. The Journal of Orthopedic Trauma published an article titled Extracorporeal Shock Wave Therapy for Nonunion of the Tibia in its March 2010 issue highlighting a study involving SANUWAVE’s Ossatron device. Authors of the article suggest that non-invasive Extracorporeal Shock Wave Technology (ESWT), when applied with SANUWAVE’s Ossatron device and one treatment session of 4,000 pulses followed by fracture immobilization, results in an 80 percent healing rate for nonunion bone fractures (incomplete fracture healing). The…

WednesdayMar 10, 2010 2:00 pm

Revolutions Medical Corp. (RMCP) is “One to Watch”

Headquartered in Charleston, South Carolina, Revolutions Medical Corp. develops and distributes new products and tools to the medical industry. Trading on the OTCBB, they operate in the safety-engineered medical devices (SEMDs) arena. The company engages in development and distribution either through internal projects or via acquisitions. Revolutions Medical Corporation's product portfolio includes the RevVac safety syringe, safety blood drawing device, and safety IV catheter. The Company also provides RevColor, RevDisplay and Rev3D. These software solutions and proprietary tools are compatible with standard MRIs and standard PACS. The software suite's functionality includes sorting of images, color, 3D and automatic segmentation of…

WednesdayMar 10, 2010 1:55 pm

Cashing in on Gold with New World Gold Corp. (NWGC.PK)

New World Gold Corp. is a company focused on the exploration and development of gold prospects. The company looks to take advantage of the continued high price for gold. Gold has outperformed stocks over the past decade, yet it is an asset that is in very few investors’ portfolios. Gold looks to have a shiny future too as emerging countries from China to India continue to add gold to their sovereign holdings. The company owns gold reserves both domestically in the United States and internationally. New World Gold has decided to focus on its domestic reserves as a priority, as…

WednesdayMar 10, 2010 1:51 pm

EVCARCO, Inc. (EVCA.OB) Expands into European Market with New Moscow HQ

EVCARCO, the innovative automotive retail group with an emphasis on creating a US-wide dealership network for eco-friendly vehicles, announced the grand opening of its Moscow headquarters today. This site will serve as EVCA HQ for Europe. The Russian Capital and European markets have been identified by extensive research to be an investor/customer-rich environment for electric and alternative fuel vehicle infrastructure, and EVCA corporate executives recently flew to Moscow to open the office in historic Lublinka Plaza near the heart of this largest of all European cities. CEO of EVCA Dale Long noted the “powerhouse” status of Moscow as a financier…

WednesdayMar 10, 2010 1:48 pm

CoroWare, Inc. (COWI.OB) Robots Offer New Laser Range Finder Option

CoroWare, Inc. subsidiary, CoroWare Technologies, introduced a new compact and inexpensive laser range finder today, available as a standalone unit or as a component option on the Company’s Corobot- and Explorer-brand robotics systems. Capable of scanning at 10Hz out to 18 feet, this module significantly enhances the robots’ effective situational awareness capabilities and, if purchased as a robot option, comes preloaded with drivers and ready to go. Dan Kara, the President of Robotics Trends – an influential publisher and organizer in the robotics community – is known for his expert analysis throughout the industry, and commented on advances in miniaturization…

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