TuesdayApr 06, 2010 7:52 am

Ranger Gold Corp. (RNGC.OB) Approves New Drilling Budget

Ranger Gold Corp., a US-based resource exploration company exploring for gold in proven gold regions of Nevada, announced today that it has approved a drilling budget to move forward with their CX Property in Nevada’s Nye County. The CX property consists of 72 unpatented mineral claims and covers six epithermal gold-silver targets within a caldera margin that hosts at least two other major gold-silver mines with combined production and reserves of several million ounces. If Ranger makes the property option payments and spends specific amounts on exploration of the property, they can claim 100% undivided interest in the property. Gary…

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TuesdayApr 06, 2010 7:50 am

Servotronics, Inc. (SVT) Reports Decline in Net Income

Servotronics, Inc. reported net income of $1.9 million, or $0.92 per diluted share, for the full year 2009. The company earned $3.05 million, or $1.45 per diluted share, in 2008. Servotronics, Inc. said that revenues fell also over the same time frame, to $33.0 million reported in fiscal 2009 from $34.2 million in fiscal 2008. The company blamed the fall in net income and revenues on the economic recession and the resulting delay in shipments of commercial aircraft. Servotronics, Inc. also cited the implementation costs associated with Section 404 of the Sarbanes-Oxley law, which will soon apply to companies the…

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TuesdayApr 06, 2010 7:48 am

National Automation Services Inc. (NASV.PK) Rooted with Solid Board of Directors and Management Team

National Automation Services Inc. offers a broad portfolio of business and technology solutions for industrial market. The company’s mission is to be the premier provider and automation and control system integrator nationwide. It is supported by a strong board of directors and executive guidance. Thirty-year industry veteran Robert W. Chance has served as NAS’s president, CEO and director since 2007. Chance is also interim chairman of the board, and in 2008 became the company’s CFO. Prior to his responsibilities with NAS, Chance served as chief operations officer of Nytrox Systems and vice president of NAS’s wholly owned subsidiary Intuitive System…

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MondayApr 05, 2010 3:13 pm

Toffuti Brands Inc. (TOF) Reports Increase in Profit for Fiscal 2009

Toffuti Brands Inc. reported net income of $506,000, or $0.10 per share, in fiscal 2009 (ended January 2, 2010). This was more than double the $217,000, or $0.04 per share, reported in fiscal 2008. Toffuti Brands Inc. reported revenue $18.6 million in fiscal 2009, a slight decrease from the $19.6 million reported in fiscal 2008. The company blamed the economy and the discontinuation of several lines of products that were not selling enough to be commercial. David Mintz, the CEO of Toffuti Brands Inc. said, “The last fiscal year was a difficult one for both our industry and our country.…

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MondayApr 05, 2010 12:44 pm

DigitalPost Interactive, Inc. (DGLP.OB) Announces Financial Results for Year 2009

DigitalPost Interactive, Inc., a leader in the digital media-sharing and social networking space, today reported its financial results for last year. The company reported growth in both business segments, with family website subscriptions increasing to $724,800 in 2009 from $310,000 in 2008 and revenues from professional services contracts rising to $637,700 in 2009 from $178,900 in 2008. Recurring subscribers grew from 13,151 to 16,559 year-over-year. This number includes subscribers to TheFamilyPost.com, DigitalPost's direct B2C web property, and DigitalPost's B2B partners, including Kiddie Kandids. DigitalPost continued to maintain lower expense levels while generating revenue growth throughout the year. Net cash used…

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MondayApr 05, 2010 12:24 pm

China Ceramics (CCLTF.OB) Posts Solid Q4, FY Results, Notes Significant 2010 Developments

China Ceramics Co. Ltd., formerly China Holdings Acquisition Corp., is a leading manufacturer of ceramic tiles in China. The company recently posted its preliminary unaudited financial results for the fourth quarter and year ended December 31, 2009, reporting strong results across the board. Net revenue for the fourth quarter was RMB 231.5 million (US$ 33.9 million), up 25.3 percent from the fourth quarter of 2008; gross profit was RMB 83.4 million (US$ 12.2 million), up 57.3 percent from the fourth quarter of 2008; gross profit margin was 36.0 percent compared to 28.7 percent in the fourth quarter of 2008; Full…

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MondayApr 05, 2010 12:22 pm

Newport Digital Technologies, Inc. (NPDT.OB) and the Exciting Possibilities of RFID Technology

Newport Digital Technologies Inc. is a leading global digital solutions provider specializing in some of the most quickly emerging technology segments. One of the technology segments that the company is focusing on is Radio Frequency Identification, or RFID. RFID technologies open up an exciting new world of possibilities for a wide variety of businesses and governments to increase the efficiency of their operations. RFID allows them to securely capture, track and manage their critical data in real-time. The data may range from pallets in a warehouse, to goods in a shopping cart, to data from passports and credit cards and…

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MondayApr 05, 2010 12:15 pm

ViewCast Corp. (VCST.OB) to Show New Streaming Media and Digital Content Management Technology at 2010 NAB Show

ViewCast Corp., contemporary masters of streaming digital content solutions which are able to boast a whopping 350,000 video capture card (VCC) global hardware footprint – consisting of the Company’s flagship ViewCast Niagara® platform, Osprey® VCC’s, and Niagara SCX® software for management and encoding – today announced it would debut new tech at Booth SL1709 during the upcoming April 10-15 NAB Show in Vegas. Long known as a sector powerhouse in distributed digital media solutions, VCST looks to unveil 3 major new products alongside demos of the Niagara 7500 and Niagara 2120 streaming media encoders to the eagerly awaiting venue goers:…

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MondayApr 05, 2010 12:00 pm

Choosing the Most Recent Jobs Numbers to Suit Your Needs

Although the recent holiday gave investors a brief respite from the trading week, it did not slow down the pundits from touting or deflecting the most recent jobs report. Some say the report is a sign that the US economy is on its way back while others say the numbers are all smoke and mirrors for an administration in search of good news. To take a look behind that curtain, one must first understand that economic statistics can be made to indicate whatever one wants. In this regard, it is just a matter of what one wants to include or…

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