Blog - Page 3844 of 5585

ThursdayFeb 04, 2010 10:33 am

Titan Energy Worldwide, Inc. (TEWI.OB) Announces Preliminary Financial Results Showing Record Revenues of $10.6 Million, an Increase of 35%

Titan Energy Worldwide, Inc., a leader in distributed power generation products and intelligent energy management services, announced today its preliminary unaudited yearend financial results for 2009. According to the press release, the company generated a record $10.6 million in annual sales for 2009, an increase of more than 35% compared to 2008. Equipment sales in 2009 increased by approximately 33% over 2008, while sales of service contracts increased 40%. Titan Energy also revealed a decrease in operational expenses resulting in lower operational losses in 2009. The final audited financial statements are anticipated to be published in the company's 2009 10K…

ThursdayFeb 04, 2010 10:19 am

Aradigm Corporation (ARDM.OB) Received Milestone Payment for First Commercial Sale of SUMAVEL * DosePro *

Aradigm has gained national recognition as an emerging specialty pharmaceutical company that sets their primary focus on the development and commercialization of a portfolio of drugs delivered by inhalation for the treatment of severe respiratory diseases. Today, the young company took a major step towards enhancing their future with the announcement they have received a milestone $4 million payment for the first commercial sale of SUMAVEL * DosePro * to Zogenix Inc. SUMAVEL * DosePro *, a drug that combats the nagging pains of migraine attacks, was approved by the U.S. Food and Drug Administration in July 2009. Migraine is…

ThursdayFeb 04, 2010 9:10 am

Flexpoint Sensor Systems, Inc. (FLXT.OB) Modifies Business Model

Today, Flexpoint Sensor Systems, Inc. announced that it has modified the company’s business model to focus aggressively on smaller contracts and production orders that can produce immediate income. Flexpoint aims to take a proactive approach, and the new direction will allow the company to generate new momentum and interest in its technology, to complement pursuing the larger contracts. Flexpoint will provide an update on the status of its current and potential products (including automotive products) in the near future. Clark Mower, President of Flexpoint Sensor System, stated, “We have recently announced several production contracts for a variety of products featuring…

ThursdayFeb 04, 2010 8:57 am

Brinx Resources Ltd. (BNXR.OB) Commences Drilling at First Well at Its New OK-4 Oklahoma Project

Brinx Resources, an expanding exploration and production company focused on developing North American and international oil and natural gas reserves, recently announced that the company has begun to drill its first well as part of the new OK-4 two-well program at the Oklahoma Project. Expected to take roughly two weeks to reach a total depth, the OK-4 #1 well site was selected based on positive indications from 3-D seismic surveys, which reported hydrocarbon bearing sands similar to that found at the company’s successful 08-3 wells and the 09-3 wells. Further information regarding progress at the 09-4 Oklahoma Project will be…

ThursdayFeb 04, 2010 8:54 am

Why Natural Gas? Energtek, Inc. (EGTK.PK) Has the Answer

Energtek Inc. is a world leader in the development and commercialization of Adsorbed Natural Gas (ANG) technology. The company's proprietary technology provides a more efficient and cost-effective method in bringing natural gas to end-users versus existing compressed natural gas (CNG) and liquefied natural gas (LNG) technologies. The supply of cheap and easy-to-access oil is becoming more and more limited every day. Resources necessary to produce oil – equipment, manpower, financial resources – are also rather limited. These factors together are driving the price of gasoline higher and higher. Rather than chasing after a diminishing resource, Energtek firmly believes there is…

ThursdayFeb 04, 2010 8:49 am

Revolutions Medical Corp. (RMCP.OB) Recaps 2009, Predicts 2010

Revolutions Medical Corp., makers of the RevVac safety syringe, RevDisplay and Rev3D MRI Technology, yesterday offered a summary of milestones achieved in 2009, together with a look at what to expect in 2010. In spite of the weak overall economy, Revolutions Medical was successful in raising capital and meeting all of its short term operational goals, beginning a transition from a product development company to a manufacturing and distribution company of important medical devices. Below is a summary of key 2009 achievements. • The company ascended to Over-the-Counter Bulletin Board status. • They acquired 100% of Clear Image Acquisition Corporation,…

WednesdayFeb 03, 2010 4:14 pm

Life Quotes, Inc. (QUOT) Reports Profit for 2009

Life Quotes, Inc. reported a profit of $14.2 million, or $2.09 per diluted share, for year 2009. This was an improvement from the $1.0 million, or $0.14 per share, in 2008. Revenues in 2009 came in at $14.65 million, down from the $15.66 million reported in 2008. The strong net income in 2009 was boosted by a onetime gain of $15.6 million from the sale of the company’s Insure.com brand name, and other trademarks and intellectual property associated with Insure.com. Excluding the onetime gain, Life Quotes, Inc. reported a loss of $136,000. Robert Bland, the CEO of Life Quotes, Inc.…

WednesdayFeb 03, 2010 3:16 pm

Fleet Management Solutions Inc. (FLMG.PK) is “One to Watch”

Fleet Management Solutions (FMS) Inc.'s mission is to be a dominant player globally in the automotive industry's after sales services and re-marketing industry relative to the fleet management of leased vehicles. Headquartered in Athens, Greece, the Company currently owns and operates three commercial locations with fifteen full time employees. The Company provides numerous fleet management solutions in the automotive sector throughout Greece and various parts of the Balkans. Trading on the Pink Sheets, Fleet Management Solutions Inc. formed because of the merger between ABR Bosch Car Services (founded in 1992) and EDC Hellas S.A. (founded in 1998 by EDC Holdings).…

WednesdayFeb 03, 2010 1:13 pm

Overhill Farms Inc. (OFI) Finds Changes with Customers but Virtually Maintains Net Income

There are economists’ words that no real person would care to understand. There are some, however, that all understand - consumers need to eat and they buy frozen food. In this way there is an investment opportunity. Frozen and plated food is a bit more expensive causing a slight dip with current economic conditions but there is very little discussion that buying will not take place regardless of conditions. There are many such markets for investment but food is one that can be at the top of the list. Overhill Farms Inc., a provider of frozen food and ready to…

WednesdayFeb 03, 2010 1:07 pm

Cityside Tickets, Inc. (CIST.PK) Aims to Become the Premier U.S. Ticket Vendor

Cityside Tickets Inc. is one of the Northeastern United States’ top ticket vendors, selling tickets to all of the premier events via a sophisticated, user-friendly e-commerce website and their toll free number (1-800-ANY-SEAT). Providing customers an easy and affordable way to attend the hottest and biggest name events in America is the core business philosophy that motivates the Company. Skillfully guided to fruition by an experienced management team with vast industry experience and real bottom-up knowledge of the dynamics of the ticket sales profession as a whole, Cityside Tickets has risen quickly to become a leader in nationwide sales for…

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