Blog - Page 3820 of 5386

FridayAug 07, 2009 7:04 am

California United Bank (CUNB.OB) Posts Strong Q2 Results; Announces Quarterly Highlights

California United Bank (CUNB.OB) yesterday announced its second-quarter financial results for the period ended June 30, 2009. The company reported a 281.3% increase in net income at $347,000 as compared to the second quarter of last year. The increase was attained even after a $189,000 FDIC insurance assessment expense. Despite the recession and continued concerns on lending and borrowing, the company said it maintained a close eye on its operations, attributing to its positive second-quarter results. "I am pleased to report another strong quarter of results," David Rainer, president, CEO and recently appointed chairman of California United Bank stated in…

ThursdayAug 06, 2009 3:50 pm

Monmouth Real Estate Investment Corporation (MNRTA) Reports Strong FFO in Second Quarter

Monmouth Real Estate Investment Corp. reported funds from operations (FFO) of $3.692 million, or $0.15 per share, for its third fiscal quarter of 2009, ending 6/30/2009. This brings its nine months FFO to $11.89 million or $0.48 per share, excluding non-cash impairment and other one-time charges. Other highlights in the quarter include: • An ending cash balance of $8.0 million • Occupancy rate of 96% • Average lease maturity of approximately 5 years Eugene W. Landy, the President of Monmouth Real Estate Investment Corporation, said, "MREIC continues to perform well despite weakness in the overall economy. By investing in net-leased…

ThursdayAug 06, 2009 2:06 pm

Healthcare, The Deeper Problem

The mounting cost of health care may end up being the biggest single financial challenge faced this century, not only by America, but by most of the industrialized world. In spite of the many and varied approaches tried, it’s clear that no country has the issue fully resolved. Every mix of government and private administration, every attempt to balance the needs of the people with the needs of the medical industry, including doctors, hospitals, insurers, and biotechnology providers, comes up short. Another thing is clear. By virtually any measure, the United States spends more on healthcare than any other country,…

ThursdayAug 06, 2009 1:35 pm

Pacific WebWorks, Inc. (PWEB.OB) Announces International Expansion

Yesterday, Pacific WebWorks, Inc. announced that approximately 8% of its thousands of new customers for the month of July are international clients. According to the press release, many of these new clients are from English-speaking areas such as Australia, Canada, the Caribbean, and Europe. “Growth coming from previously unexplored areas will help us continue to progress going forward,” stated Ken Bell, CEO. “These new geographical regions that are beginning to utilize our product emphasize the success of our marketing programs and the ease of use of our products worldwide. The company has made a substantial investment in upgrading its marketing…

ThursdayAug 06, 2009 1:29 pm

Visual Management Systems, Inc. (VMSY.OB) Engages Blackhawk Partners and Trilogy Capital

Visual Management Systems, Inc., provider of video surveillance solutions to small and mid-size enterprises domestically and abroad, announced yesterday that an institutional investor has helped the company enter into a banking relationship with Blackhawk Partners and Trilogy Capital. "Blackhawk and Trilogy have been retained to assist in several capacities, but two in particular. First, they bring tremendous consulting experience as we shift the focus of our business plan away from systems integration and towards product development and OEM distribution. Second, to help capitalize the new plan through their exhaustive networks," stated Jason Gonzalez, CEO of Visual Management Systems. Gonzalez added,…

ThursdayAug 06, 2009 12:32 pm

Epazz, Inc. (EPAZ.OB) Expanding Its Worldwide Distribution

Epazz, Inc., an enterprise software company providing web applications to corporations, schools, and the public sector, is actively growing its worldwide distribution network. DeskFlex and Professional Resource Management, two fully owned Epazz subsidiaries, are helping Epazz get its products to a wider market, and the company now has several clients in Asia, including SAP South Korea. Epazz is now expected to announce a new reseller in South America, plus has just added a new distribution channel through RiverIT Pte Ltd., based in Singapore. RiverIT provides web design, hosting, email, and systems support services in Asia, using a variety of third-party…

ThursdayAug 06, 2009 12:27 pm

Sector 10, Inc. (SECI.OB) Bridges the Survival Gap

Sector 10 Inc. is a company which is redefining the emergency response industry and reshaping how emergency response is handled by the public and private sector. The company is doing this through its unique emphasis on onsite pre-deployed resources as the way to save lives and reduce liability. Sector 10 offers both stationary and mobile response units which can be placed in any sizable building with a large amount of occupants. The units have a number of features which will aid the occupants in bridging the survival gap until emergency responders arrive. Key features of the units include: • Backup…

ThursdayAug 06, 2009 9:57 am

Strategic American Oil Corp. (SGCA) Leases Additional Acreage in Illinois Basin which may have Major Impact on Productivity

Strategic American Oil Corporation is an up and coming young exploration and production company that made a major splash in the financial sector on August 6 when it announced that it has leased additional acreage in the Illinois Basin, which has the potential to recover approximately 4 billion barrels of oil according to the Illinois State Geographical Survey (ISGS). Strategic has made their mark in Illinois with their mass amount of coverage. Currently, Strategic has leased 2,757.9 acres which cover several prospects in Jefferson County. In addition to this, the company leased 213.84 acres in Hamilton County which has been…

ThursdayAug 06, 2009 9:55 am

INVO Bioscience, Inc. (IVOB.OB) Expands Market for Infertility Treatment

Today, medical device company INVO Bioscience, Inc. announced the signing of three distribution contracts in South and Latin America. The company, focused on treatment options for patients diagnosed with infertility, is looking to the Daxley Group to distribute INVO Bioscience in Columbia, Venezuela, Ecuador, Panama, Mexico, Brazil, Chili, Argentina and Uruguay. Daxley also distributes for Medicult, Conception Technologies, Biogenics and Rocket Medical, all who offer infertility treatment products in said countries. INVO Bioscience’s patented product, the INVOcell, allows for vaginal incubation of eggs, sperm and early embryo development during the infertility treatment process. Dr. Claude Ranoux has been invited to…

ThursdayAug 06, 2009 9:52 am

Ethos Environmental, Inc. (ETEV.OB) Continues Progress on Improving Fuel Economy and Reducing Emissions

Ethos Environmental Inc. manufactures and distributes award-winning fuel reformulating products. By using the company's products, commercial vehicles can increase fuel economies and help relieve rising fuel prices. Users of the products can also reduce harmful emissions which helps them meet environmental regulations. Ethos Environmental recently announced that the company's research division, Ethos Scientific LLC, has received confirmation of continued improvements in fuel economy from the latest over-the-road interim test results reported at the 25,000 mile mark from the start of the test on the test vehicle. The test results were obtained from the combined use of the company's EthosFR+, a…

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