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WednesdayApr 14, 2010 9:55 am

GWS Technologies (GWSC.OB) Prepares to Lay Foundation for Proposed Solar Farm Sites in Mexico

Renewable energy solutions provider GWS Technologies Inc. today announced it is in the process of laying out plans for proposed solar farm sites in Veracruz and Chiapas, Mexico, where GWS will provide engineering, project management, solar equipment and technology integration on the projects. The projects range in size from 80 acres to 400 acres, with estimated costs ranging between US$50 million to US$250 million per project. The Constitution of Mexico entitles the government the sole power to generate, transport, distribute and supply electricity for public use; however, the 2008 Renewable Energy Usage and Energy Transition Financing Act allows private companies…

WednesdayApr 14, 2010 7:53 am

IVAX Diagnostics, Inc. (IVD) Signs Agreement with Biomerica, Inc. (BMRA.OB)

Today, fully integrated in vitro diagnostics company IVAX Diagnostics, Inc. signed a two year agreement with Biomerica, Inc. for the nationwide and global distribution of Biomerica’s products, with certain country and product exclusions. As per the agreement, IVAX Diagnositcs’ subsidiaries, Diamedix Corporation and Delta Biologicals S.r.l., will have the right to distribute Biomerica’s suite of products including the 33 ELISA test kits in the areas of diabetes, gastrointestinal disease and bone/mineral disorders. The products will initially be marketed under the Biomerica name; if certain initial sales levels are achieved, it will be marketed under the Diamedix brand in the U.S.…

WednesdayApr 14, 2010 7:52 am

Adventure Energy, Inc. (ADVE.OB) Announces Name and Symbol Change

Adventure Energy, Inc. announced that the Company's name change to US Natural Gas Corp would become effective today, April 14, 2010 at the open of business. Their new trading symbol will be "UNGS" on the OTC Bulletin Board. Mr. Wayne Anderson, President of US Natural Gas Corp. stated, "We are pleased to have completed our corporate name change to US Natural Gas Corp and believe that this new name properly reflects our primary business operations in the Appalachian region. We look forward to sharing future corporate developments with our shareholders." The Company is also working towards the closure of the…

WednesdayApr 14, 2010 7:50 am

Frederick County Bancorp, Inc. (FCBI.OB) Reports Higher Net Income in First Quarter of 2010

Frederick County Bancorp, Inc. reported net income of $308,000, or $0.21 per diluted share, in the first quarter of 2010. This was a strong improvement from the net income of $45,000, or $0.03 per diluted share, in the same quarter of 2009. The bank attributed the increase in earnings to a rebound in net interest income, which increased from $2.0 million to $2.5 million over the same time frame. Frederick County Bancorp, Inc. also saw improved credit and asset quality in the first quarter of 2010, compared to 2009. Net loan charge-offs totaled $500,000, due to one write off in…

TuesdayApr 13, 2010 3:16 pm

COPsync Inc. (COYN.OB) Reports 2009 Results, Expectations for 2010

COPsync Inc., a software technology provider for law enforcement, emergency service and public safety professionals, recently posted its financial results year ended December 31, 2009. The company reported revenues for the year at $278,018, including $181,695 in hardware installation and other revenues and $96,323 in license fee revenues, compared to $3,598 for the year ended December 31, 2008, all of which were license fee revenues. Cost of revenues for the year ended December 31, 2009, was $695,757, compared to cost of revenues of $64,003 for the year ended December 31, 2008. The company attributes this increase to $539,195 in hardware…

TuesdayApr 13, 2010 3:13 pm

Simulated Environment Concepts, Inc. (SMEV.PK) SpaCapsule Delivers On-the-Go Full-Body Massage and Spa Experience at Middle Class Prices

Simulated Environment Concepts, Inc. is a revolutionary company founded in 97 by visionary medical professionals Dr. Ella Frenkel and Dr. Ilya Spivak with the driving desire to create the most advanced, self-contained and full-spectrum relaxation system ever devised. They succeeded: the SpaCapsule® is the ultimate fusion of ancient and modern relaxation therapies including massage, aromatherapy, and soothing audio/visual stimuli all bundled into a standalone, compact and ergonomic unit that is easy to set up, maintain, and can readily be administered in commercial spaces as a “spa-experience” vending machine. In this capacity, it is also one of the world’s premiere marketing…

TuesdayApr 13, 2010 3:00 pm

Dow Rally on Low Volume Piques Interest

The DJIA touched the running psychological milestone of 11k before closing slightly lower Friday (Apr. 9), yet many analysts who are students of the market’s key index levels are gradually but steadily building up a profile of the milestone as not only merely a psychological trigger but even as something potentially dangerous. The concern is that, while much emphasis is paid to the DJIA as stocks have gained over the last year, major intrinsic core components of the market’s behavior are being ignored, notably the surprising (and to some bewildering) lack of volume. Even bullish investors and analysts are starting…

TuesdayApr 13, 2010 2:46 pm

Information Systems Associates, Inc. (IOSA.OB) Pre-Announces Q1 2010 Results, Highlights

Information Systems Associates Inc., a leader in data center optimization software, services and solutions, today pre-announced its revenues for the first quarter ended March 31, 2010, as well as first-quarter highlights. The company posted revenues of $249,000 for the first quarter, a 25-percent increase from the first quarter 2009 revenues of $199,000. Information Systems also announced corporate restructuring during the first quarter, which resulted in increased operating efficiencies and a $75,000 reduction in its fixed quarterly expenses; and the completion of several projects for six Fortune 500 companies. Joe Coschera, Information Systems’ CEO, said the company has reviewed its operations…

TuesdayApr 13, 2010 2:34 pm

Weis Markets (WMK) Reports Higher Year over Year Revenues and Net Income

Weis Markets reported net income of $17.4 million, or $0.65 per share, in the first quarter of 2010 ending March 27, 2010. The company earned $16.5 million, or $0.61 per share, in the same quarter last year. Revenues also showed a large increase on a year over year basis, from $606.2 million in the first quarter of 2009 to $664.3 million in the quarter just ended. Weis Markets also reported a 3% increase in comparable store sales in the first quarter of 2010. The company attributed the increase in net income and revenues to increased promotions, and better efficiency and…

TuesdayApr 13, 2010 2:24 pm

Zevotek, Inc. (ZVTK.OB) Signs Agreement for Retail Sales of Its Ionic Bulb

Zevotek, Inc. announced today that it has signed a deal with Leisure Time, Inc, a Union, New Jersey based company, to market and promote the sale of the Ionic Bulb to an premier list of retail chain stores. The Iconic Bulb is an energy saving compact fluorescent light bulb (CFL) for which Zevotek has a license to sell. This contract comes after a collaborative effort between Zevotek and Leisure Time in a presentation to CVS Pharmacy earlier this month to promote the product. The presentation went well and as a result, the two companies have since agreed to a one-year…

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