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FridayDec 11, 2009 2:02 pm

Home System Group (HSYT.OB) Issues Revenue and Earnings Guidance

Home System Group is a US-listed company whose China-based operating subsidiaries – Oceanic, Weihe and Well Profit – are engaged in the production of a variety of household appliances. These appliances include: stainless steel gas grills and ovens, ceiling and table fans, LEDs, along with decorative and energy-saving lamps. Their products are sold through distributors to retailers in China, Asia, Australia, Europe, Africa and the United States. The company announced today revenue and earnings guidance for fiscal year 2009. Projected revenue is expected to be approximately $69 million, a 33% increase from the 2008 fiscal year. Net income is expected…

FridayDec 11, 2009 11:47 am

Newport Digital Technologies, Inc. (NPDT.OB) Targets E-Learning

Newport Digital Technologies Inc., best known as a developer of products based upon wireless broadband technologies, is targeting E-Learning as one of its key markets in the coming years. With the proliferation of state-of-the-art wireless broadband, along with popular web-oriented personal computing devices such as netbooks, e-learning will become increasingly important as countries around the world try to improve educational standards to build their economic competitiveness. The size of this market is projected to swell to over $52 billion in 2010, and is expected to continue to grow in the years ahead. This will boost providers of e-learning content, technologies,…

FridayDec 11, 2009 11:07 am

A Weak US Dollar May Hold Opportunity for Export Oriented Companies and their Suppliers

The continually weakening US dollar indicates that the US government has over extended in its efforts to mitigate the current financial situation. Many may discuss the merits of current economic solutions but the result is very readily apparent. The US dollar’s value, as compared to other currencies, has become less. Most that follow economic cycles around the world understand the consequences of a less valued US dollar. For those that do not follow these trends, it may be better understood by saying that a weak US dollar means that United States products are cheaper to buy than foreign goods and…

FridayDec 11, 2009 10:58 am

Commerce Department Report Shows November Retail Sales Up 1.3%

According to a Commerce Department report issued today, retail sales rose for the month of November by 1.3%, extending October’s gains of 1.1%, strengthened by auto sales and gasoline. Despite a gloomy picture painted by U.S. retailers reporting underperformance for the start of the holiday season, worries have been somewhat allayed by this report, showing the biggest advance since retail sales spiked 2.4% in August, doubling economists’ expectations. The prevailing wisdom, that high unemployment would keep consumer spending (which accounts for 70% of all economic activity) down and hamper the economy, prolonging what is quite possibly the worst recession since…

FridayDec 11, 2009 10:46 am

Rival Technologies Inc. (RVTI.OB) Receives Major Financing for TRU Process Development

One company that is truly on the rise is Rival Technologies Incorporated. Located in the town of Henderson, Nevada, Rivals transitions the TRU process technology from the lab to the pilot plant stage. This state-of-the-art upgrading process is designed to vastly improve the quality and economic value of heavy crude oil. Today Rival Technologies took a major step towards enhancing their future with the announcement that it has signed a financing agreement, which was previously announced on November 11, with no dilution to existing shareholders. The funding will be provided in three stages over the next 36 months for the…

FridayDec 11, 2009 10:39 am

PetroAlgae, Inc. (PALG.OB) Signs Memorandum of Understanding with Foster Wheeler to Create End-to-End Biomass-to-Fuel Solutions

PetroAlgae Inc., a leading alternative energy company that licenses a commercial micro-crop technology system to produce clean fuel and food in an environmentally sustainable manner, recently announced that it has signed a memorandum of understanding with Foster Wheeler AG’s (NASDAQ: FWLT) Global Engineering and Construction Group. This agreement calls for engineering services to be performed in conjunction with PetroAlgae's micro-crop biomass technology. PetroAlgae’s globally scalable technology produces high-value protein as a cost-effective alternative to fossil fuels, while absorbing carbon dioxide from greenhouse gas emissions. The two companies will collaborate to develop commercial solutions that will allow existing oil refineries to…

FridayDec 11, 2009 10:34 am

Global Capacity, Inc. (CGSY.OB) Reports Positive Results for SaaS™ Line

Yesterday, the world’s leading telecommunications information company Global Capacity, Inc., announced that its "Software as a Service" (SaaS) line earned positive results in 2009, including a promising start for the recently released GCPrice. Leveraging its proprietary telecom industry information across 195 countries and six continents, the SaaS line uses online interfaces that allow customers access to its knowledge engine. The process increases efficiency and reduces cost. This past year, SaaS product sales increased 16.9%. The company attributes the growth to its 18 new and upgraded clients, counting among them leading integrators and global telecommunication providers. Further, SaaS delivered strong renewals…

FridayDec 11, 2009 9:32 am

TapImmune, Inc. (TPIV.OB) ‘Tapping’ into Market for Therapeutic and Preventative Vaccines

TapImmune Inc. is a biotechnology company specializing in the development of innovative therapeutics and vaccines in the areas of oncology and infectious disease. The company's TAP (transporters associated with antigen processing) technology has been featured in media outlets such ABC News, Business Week and Popular Mechanics as well as in many respected medical journals such as the Journal of Immunology. The company's lead product, the TAP vaccine, performs a key step in moving characteristic markers called antigens to the surfaces of cells. Without TAP – there are no cancer markers – so the body's immune system fails to spot the…

FridayDec 11, 2009 9:27 am

General Environmental Management, Inc.’s (GEVI.OB) Transition into Faster-Growing, High-Margin Markets

General Environmental Management Inc. made a strategic decision a few months ago to switch the focus of the company from hazardous waste field services to the more lucrative water treatment and waste-to-energy markets. The company's management firmly believes that shareholders will benefit in the long-term from this move into faster-growing markets. The company's initial forays into these markets will focus on western areas of the United States. General Environmental has already made one large deal in the rapidly-growing water business. The recently-closed deal saw the company acquire California-based Santa Clara Waste Water, a profitable 50 year old wastewater treatment business.…

ThursdayDec 10, 2009 4:22 pm

FormCap Corp. (FRMC.PK) Brings Together Key Professionals for Success

FormCap Corporation, an emerging oil and gas exploration company, owes its potential to a closely knit team of professionals that have already assembled 4,800 acres of promising oil and gas mineral leases. • Graham Douglas, President – An experienced executive, with 35 years of financial and operational management success in North American and international markets, Graham Douglas has been an early stage investor and has been key in raising funding for several companies in a variety of industries, including oil and gas exploration. In several instances, he has managed companies through transitional periods or difficult circumstances. Since 1992, he has…

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