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WednesdayMay 12, 2010 10:20 am

Sun Hydraulics Corp. (SNHY) Reports First Quarter Results, Sees Recovery Strengthening

Sun Hydraulics Corp. is a leading designer and manufacturer of high-performance, screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. The company recently reported its first quarter 2010 results for the three months ended April 3, 2010. The company's net sales came in at $31.6 million, a solid increase of 25 percent from the $25.2 million reported for the three months ended March 28, 2009. Net income for Sun Hydraulics came in at $3.3 million for the period ended April 3, 2010. This is an exceptional increase of 450 percent from the $0.6 million which was reported…

WednesdayMay 12, 2010 10:17 am

ADDvantage Technologies (AEY) Announces Positive Three And Six Month Results

ADDvantage Technologies Group Inc., provider of service and equipment for the cable television industry, has announced results for the three and six month periods ending March 31, 2010. Revenue for the three month period ending 3/31/2010 was $12.1 million, compared to $10.1 million for the same period last year, representing an increase of 19%. Net income for the period (attributable to common stockholders) was $1.1 million, compared to $0.7 million for the same period last year, representing an increase of 57%. For the six month period ending 3/31/2010, revenue decreased slightly to $22.3 million from $22.9 million for the same…

WednesdayMay 12, 2010 10:16 am

Sino Assurance Inc. (SNAS) Reports Higher Net Income in First Quarter

Sino Assurance Inc. reported net income of $586,000, or $0.01 per share, for the first quarter of 2010. This compares to earnings of $14,749, or $0.00 per share, a year earlier. The company's revenue totaled $1.9 million for the quarter, compared to $727,000 in the same quarter of 2009. The management of Sino Assurance Inc. attributed the high revenue growth to the presence of higher cash balances in its cash advance guarantee business. Sino Assurance Inc. reported no short term or long-term debt as of 3/31/2010. The company had cash and equivalents of $6.8 million, but almost all the cash…

WednesdayMay 12, 2010 10:05 am

Tianyin Pharmaceutical Co., Inc. (TPI) Reports Higher Revenue and Net Income in Third Fiscal Quarter

Tianyin Pharmaceutical Co., Inc. reported net income of $15.9 million, or $0.09 per diluted share, in the third fiscal quarter of 2010. The company earned $1.9 million, or $0.08 per diluted share, in the corresponding quarter in fiscal 2009. Tianyin Pharmaceutical Co., Inc. reported revenue of $15.9 million in the third fiscal quarter of 2010. This was 60% higher than the $9.9 million reported in the same quarter last fiscal year. Management of Tianyin Pharmaceutical Co., Inc. attributed the strong revenue growth to expansion of the company’s sales channel and higher utilization of its manufacturing facility. Dr. Jiang, Guoqing, the…

WednesdayMay 12, 2010 9:46 am

General Environmental Management, Inc. (GEVI.OB) Video Chart for Wednesday, May 12, 2010

GEVI recovered nicely from the long lower shadow a few days ago. $.12 is holding as support and we are looking for a longer term reversal at this point. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=394 Let us hear your thoughts below:

WednesdayMay 12, 2010 9:38 am

Ivanhoe Energy Inc. (IVAN) Reports Operational Update on Oil and Gas Properties

Ivanhoe Energy Inc. released an operational update on the various oil and gas properties in its worldwide portfolio, including ongoing projects in Canada, Ecuador, and China. Ivanhoe Energy Inc. is developing the Tamarack Project, an oil sands operation in Alberta, Canada. The company is using steam assisted gravity drainage (SAGD) technology to develop the properties. Ivanhoe Energy Inc. completed its 29 well delineation program during the first quarter, and will file permits in mid 2010 to begin the project. Ivanhoe Energy Inc. spent $17.9 million on the Tamarack Project in the first quarter of 2010. Ivanhoe Energy Inc. is developing…

WednesdayMay 12, 2010 9:36 am

Evolution Petroleum Corp. (EPM) Reports Increase in Revenue Due to Higher Oil and Gas Prices

Evolution Petroleum Corp. reported a net loss of $531,000, or ($0.02) per share, in the third fiscal quarter ending 3/31/2010. The company lost $1.0 million, or ($0.04) per share, in the same quarter of 2009. Evolution Petroleum Corporation reported an 11% increase in revenues on a year over year basis, from $1.16 million in the third fiscal quarter of 2009, to $1.29 million in the quarter just ended. Evolution Petroleum Corporation reported a decline in production on a sequential and year over basis in the third fiscal quarter. The company reported oil and gas production of 319 barrels oil equivalent…

WednesdayMay 12, 2010 9:34 am

Rostock Ventures Corp. (ROSV.OB) Obtains Exploration License to Producing Gold Mine

One company that has started to catch the attention of investors is the Rostock Ventures Corporation. Located in San Diego, California, Rostock is a development stage company that has acquired the mineral rights to multiple gold prospects within North America. Today, Rostock announced it has acquired an exploration license to a past producing gold mine. The property Rostock has acquired a license for is located in Hants County, Nova Scotia Canada in an area generally known as the Central Rawdon Mines. There is historic data which indicates that these mines produced 6,744 ounces of gold from 5,335 tons of crushed…

WednesdayMay 12, 2010 9:32 am

Paradigm Oil and Gas Inc. (PDGO.OB) Contracts Oil Chem Technologies to Formulate Surfactants

Paradigm Oil and Gas Inc. announced yesterday that they contracted Oil Chem Technologies to formulate the surfactants required for use in the chemical portion of Paradigm's Enhanced Oil Recovery (EOR) work program. Paradigm announced the program on April 20th, 2010 and it is now underway on their Chelson property. The Company's corporate mission is to unlock and recover previously discovered oil using industry leading EOR technologies. According to Oil Chem, more than two trillion barrels of oil remains in place worldwide following conventional oil recovery. Oil Chem Technologies is a leader in surfactants and processes for chemical EOR. They perform…

WednesdayMay 12, 2010 9:30 am

ubroadcast, Inc. (UBCI.OB) Announces Completion of Merger with Santeon, Inc.

ubroadcast, Inc., a leader in Internet broadcasting that allows users to produce and distribute LIVE and on-demand television and radio in high quality, recently announced that the company has completed its merger with Santeon, Inc., a privately held, profitable developer of business process management software and solutions. Santeon Inc. is a technology company that enables organizations to optimize performance and maximize revenues through its business process management software products and services. The company’s clients include state and local governments, federal agencies and numerous private sector customers. Santeon reported revenues of approximately $4 million and a net profit of $145,000 for…

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