Blog - Page 3896 of 5548

WednesdayOct 28, 2009 8:05 pm

China-Biotics Inc. (CHBT) Updates Community on Recent Developments

Prominent probiotic manufacturer and developer China-Biotics, Inc. recently took the opportunity to update the financial community on its current business climate. In September and October, China-Biotics added eight new bulk additive customers, raising its total number to 24. The newly signed customers are mainly engaged in manufacture of dairy, nutritional supplement, and animal feed products. Additionally, Phase I trial production recently began at its new state-of-the-art production facility in Qing Pu Industrial Park in Shanghai. Phase I has a production capacity of 150 metric tons of probiotics per year. Excitedly, the company has strengthened its senior management team to support…

WednesdayOct 28, 2009 8:03 pm

KEMET Corp. (KEME.OB) Reports Revenue Increase of 15.4% during the Second Fiscal Quarter

KEMET Corp. has previewed results for the second fiscal quarter ended September 30, 2009. The company expects a revenue decrease of 26.2% vs. last year’s results at $173.3 million, and a sequential increase of 15.4% compared to the prior fiscal quarter ended June 30, 2009. The company reported a net loss of $93.1 million, or $(1.15) per share, for the second quarter compared to net loss of $85.1 million, or $(1.06) per share, for the same quarter last year and net income of $25.1 million, or $0.31 per share, for the prior quarter ended June 30, 2009. Kamet’s second quarter…

WednesdayOct 28, 2009 2:53 pm

China Wind Systems Inc. (CHWY.OB) Announces Closing of $2.4 Million Private Placement

China Wind Systems Inc. is a leading supplier of forged rolled wings to the wind power, industrial equipment, textile and energy industries in China. The company today announced the closing of a recent private placement with a group of investors through Barron Partners LP for 2.4 million shares of its series A preferred stock at $1 per share. The company recently completed a one-for-three reverse split; as such, each share of series A preferred stock is currently convertible into one-third share of common stock. Through the purchase of 1.5 million China Wind’s shares, Barron Partners entered into a voting agreement…

WednesdayOct 28, 2009 2:00 pm

NXT Nutritionals, Inc. (NXTH.OB) Up 47.89% on the Day Following QualityStocks Mention

Shares of NXT Nutritionals Holdings Inc. are currently trading at $2.10, up $0.68 or 47.89% for the day. The stock, which hit a high of $2.38 today, is trading on solid volume of nearly 2.2 million shares. The company was first highlighted in QualityStocks' FREE Daily Newsletter back on May 7, 2009 when the stock was trading for only $1.01 a share. So, in less than six months, investors who may have first discovered the company through QualityStocks would have more than doubled their money. NXT Nutritionals is a developer and marketer of SUSTA which is targeted at individuals for…

WednesdayOct 28, 2009 1:56 pm

L.B. Foster Company (FSTR) Named To Forbes List of Best Small Companies

L.B. Foster Company was listed on the 2009 edition of Forbes Magazine’s America's 200 Best Small Companies. The company was ranked 79th on the list, and also appeared on the list in 2007. Forbes Magazine uses one and five year trends on sales, sales growth, earnings per share growth and return on equity to compile the list. "It is a great honor for our company to be recognized again by Forbes Magazine for our success," said Stan Hasselbusch, the CEO. "It is really an acknowledgement of the efforts and hard work of all L.B. Foster employees." L.B. Foster Company reported…

WednesdayOct 28, 2009 1:16 pm

VIASPACE, Inc. (VSPC.OB) – Biomass Conference in Mexico City Spotlights Giant King Grass

One of the highlights of the international biomass energy conference held in Mexico City on October 7th was a leafy green plant of which most people have never even heard of. The plant is called Giant King Grass (GKG), and its remarkable properties make it a potential solution to the search for clean renewable energy. In a recently released summary of a presentation given by Dr. Carl Kukkonen, CEO of VIASPACE, Inc. (VSPC.OB), GKG was shown to be one of the best potential biomass energy resources on the planet, with a range of other applications as well. If anyone should…

WednesdayOct 28, 2009 10:38 am

MMR Information Systems (MMRF.OB) Calms the Media Storm over EMR Implementation

MMR Information Systems today described to investors the benefits of its MMRPro system for Electronic Medical Records (EMR). This system will utilize a proprietary, Kodak-branded architecture and will enable any medical practice, even small or mid-sized, to achieve standards in medical record computerization that qualifies them for funding under the American Recovery and Reinvestment Act (ARRA). The entire MMRPro system should come in at under $20,000 over three years, a price point that trounces all competitors, as a typical EMR solution requires many times that much for only a single year. CEO and Chairman of MMRF, Robert H. Lorsch, quieted…

WednesdayOct 28, 2009 10:33 am

Axial Vector Energy Corp.’s (AXVC.PK) Products Have Many Potential Market Applications

Axial Vector Energy Corp. owns, develops, finances and licenses advanced next generation energy technologies that have tremendous potential in industrial and commercial energy-related applications around the world. The Axial Vector engine converts chemical energy from a variety of different fuels into motion, but much more efficiently than a standard engine. In addition to the company's revolutionary engine technologies, Axial Vector has designed a new family of high-power, high-efficiency 'Axial Flux' electric generators. In combination, Axial Vector's engine is designed to be seamlessly integrated with two 100 kW Axial Flux generators in order to create a 200 kW generator set (GENSET)…

WednesdayOct 28, 2009 9:32 am

Tara Minerals Corp. (TARM.OB) is “One to Watch”

Tara Minerals Corp. is a US-based resource company mainly focused on searching, acquiring, exploring and developing high-quality non-precious metals and minerals projects with potential for economic commercial value. Currently, the company has a 100% interest in the Pilar de Mocoribo, Don Roman and Lourdes, Centenario, and Las Nuvias mining properties. All of Tara Minerals’ properties are located approximately 25 kilometers from the town of Choix, Sinaloa State, Mexico. Expecting to generate a net profit of US$200+ per tone, Tara Minerals is moving towards producing 450 tonnes per day. The company is in a strong position to acquire additional opportunities due…

WednesdayOct 28, 2009 9:07 am

GWS Technologies (GWSC.OB) and Renewables Industry to Benefit from Stimulus Spending on ‘Smart Grid’

GWS Technologies is an alternative energy company that has been gaining much acclaim of late. Founded in 2005 in Scottsdale, Arizona, GWS became a fully-reporting company by March of 2007 and has had continued success since that time period. A recent announcement directed at stimulus spending will enhance GWS for years to come. Yesterday, the White House stated that $3.4 billion will be allocated to modernize the nation’s electrical power system to more easily use renewable resources. The allocations of these funds came from the Obama administration’s American Recovery and Reinvestment Act of 2009 and were put into effect to…

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