Blog - Page 3843 of 5664

FridayApr 16, 2010 11:07 am

Artfest International, Inc. (ARTS.OB) Increases Revenues by Over $2 Million

Artfest International Inc. brings together artists, designers, art galleries, investors and private collectors. The company sells art and sports memorabilia through its subsidiaries including ArtFest Direct, Art Channel Galleries and Charity Sports Distributor. Artfest International today announced its financial results for the year ended December 31, 2009. The company reported it generated $2,470,878 in operating revenues in the twelve months ended December 31, 2009. This is sharply higher than the $141,626 it generated last year. In fact, it is a 1,645% gain. The increase in revenue is due to the increased sales of art and sports memorabilia through its three…

FridayApr 16, 2010 10:33 am

MedQuist Inc. (MEDQ) and CBay Inc. Get Approval for Acquisition of Spheris

Located in Mount Laurel, NJ, MedQuist has grown into a leading provider of medical transcription services and a leader in technology-enabled clinical documentation workflow. Today, MedQuist announced that they have teamed up with their majority shareholder CBay Inc. to purchase substantially all of Spheris Corporation’s assets. Spheris is a leading global provider of clinical documentation technology and services. Approved by the United States Bankruptcy for the District of Delaware, MedQuist will acquire the assets of Sperhis while CBay will acquire the stock of Spheris India Private Limited, a subsidiary of the parent company. The companies expect the transaction to close…

FridayApr 16, 2010 10:33 am

IGEN Networks Corp. (IGEN.OB) Hires New CFO and Director

IGEN Networks Corp. is a capital venture company with its primary focus on acquisition and development of proprietary technologies that have an application for marketing and distribution on a global basis. The company's current focus is on the entertainment and advertising industries. The company announced on April 15, 2010 that it has engaged the services of Richard Gilbertson as a new director and the new CFO of IGEN Networks. Mr. Gilbertson is currently president of Caribbean Call Services which is headquartered in La Ceiba, Honduras. He is also president and co-owner of Offices International, an international business development company headquartered…

FridayApr 16, 2010 10:20 am

NXT Nutritionals Holdings, Inc. (NXTH.OB) Video Chart for Friday, April 16, 2010

NXTH is finding some bottom support. Will it pop like it has so many times in the past? Watch the video to see what you should look for in the chart. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=377 Let us hear your thoughts below:

FridayApr 16, 2010 8:30 am

National Golf Emporium (IDLM.OB) Announces Name Change to Idle Media, Inc.

National Golf Emporium, a technology company that supplies a range of Internet and communications services through its wholly owned operating subsidiaries, recently announced its corporate name change to Idle Media. As of yesterday, the company is trading under its new stock symbol IDLM.OB. This name change better reflects the company's business operations as the company prepares to launch its new business strategy. In addition, Idle Media will begin to launch new marketing initiatives to further strengthen and develop the company's brand and continue to increase revenue opportunities. Idle Media’s portfolio of online applications, mobile interfaces, online gaming, social media and…

FridayApr 16, 2010 8:28 am

Americas Energy Company (AENY.OB) Begins Coal Mining Operations

Americas Energy Company announced that Coal Mining Operations will start immediately yesterday. The Company has contracted with Black Diamond Energy, Inc. This is to begin surface mine as well as auger operations on the Artemus Project in Knox County, Kentucky. The Artemus Project is an approximately 13,000-acre lease. It has estimated reserves of 40,000,000 tons of the Kentucky Blue Gem, Jellico and Lily seams of coal. Chris Headrick, President and CEO of Americas Energy Company (AENY) said, "The Artemus Permit was the Crown Jewel of the Evans Coal acquisition. This permit gives AENY access to more than 695 acres of…

ThursdayApr 15, 2010 8:11 pm

Indenix Pharmaceuticals Inc. (IDIX) Continues to Move Along at a Solid and Steady Pace

Indenix Pharmaceuticals Inc., a biopharmaceutical company, works to develop, test and market products directed primarily at infectious and viral diseases in the United States and Europe. The company has been having solid successes with a full pipeline of products. Although the company focuses a majority of its efforts on hepatitis C targeted products, it does have a rather interesting pipeline of products in development. This pipeline ranges from fully licensed hepatitis b products (to Novartis Pharma AG) and human immunodeficiency products (to GlaxoSmithKline), to Protease Inhibitors which are currently in the discovery stage. From an overall perspective, the company does…

ThursdayApr 15, 2010 2:31 pm

CitySide Tickets, Inc. (CIST.PK) to Form CitySide Entertainment to Focus on Mixed Martial Arts Segment

CitySide Tickets, Inc., the national ticket shop that got its start outside Fenway Park in Boston, has grown determinedly and strategically from its humble roots to become a major contender in the event ticket market, offering tickets for just about any event out there from sports to theatre and music. The company recently announced a planned move to capitalize on the huge success of Mixed Martial Arts (MMA) with the formation of CitySide Entertainment – which will focus on promoting and sponsoring the rapidly growing and unique sport. MMA draws a young, active demographic with a sizeable chunk of 18-24…

ThursdayApr 15, 2010 2:24 pm

China Sun Group (CSGH.OB) Posts Q3 2010 Results, Future Outlook

China Sun Group High-Tech Co. Ltd. produces cobalt-based raw materials for rechargeable Lithium-ion (Li) batteries in China. The company today announced its financial results for the third quarter ended February 28, 2010, and its business outlook for the upcoming years. The company reported third-quarter revenues at $10.8 million, up 22.7 percent from $8.8 million for the third quarter of 2009, an increase attributable mainly due to sales of the company's newly launched LIP product, which accounted for about 19.7 percent of total sales in the quarter. Gross profit was $3.4 million, up 42 percent compared to $3.2 million for the…

ThursdayApr 15, 2010 2:22 pm

U.S. Renal Care Inc. and Dialysis Corporation of America (DCAI) Ink Deal to Combine Operations and Maximize Patient, Employee, Shareholder Value

Privately held U.S. Renal Care Inc. (USRC), a leading provider of outpatient dialysis services, recently announced it has entered into a definitive merger agreement to acquire Dialysis Corporation of America (DCA), a leading provider of outpatient kidney dialysis centers. Through a subsidiary, USRC will commence a tender offer for all of the outstanding common shares of DCA for $11.25 per share in cash, representing a premium of about 72% over recent trading prices. USRC will also acquire all remaining outstanding DCA shares at the tender offer price; the transaction has an aggregate value of approximately $112 million. Both companies are…

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