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ThursdayMay 13, 2010 11:27 am

China Wind Systems Inc. (CWS) Posts Positive Guidance for 2010 Based on Anticipation of Increased Demand

China Wind Systems Inc., a leading supplier of various forged components primarily to the wind power and textile industries in China, today announced guidance for fiscal year 2010, posting its expectation for significant increases. The Company said it expects 2010 revenues between $76.5 million and $85 million, a 43 percent to 59 percent increase from $53.5 million reported in fiscal 2009. EBITDA is expected to range between $22.7 million and $25.2 million, representing a 106 percent to 129 percent increase compared to $11.0 million reported in fiscal 2009. Adjusted net income, which excludes non-cash expenses related to convertible securities and…

ThursdayMay 13, 2010 11:26 am

Lingo Media Corp. (LMDCF.OB) Acquires ELL Technologies

Lingo Media Corp., a leading educational products and services company focused on English language learning in China, announced today that it has acquired all issued and outstanding shares of UK-based ELL Technologies Limited, a developer and provider of English language instruction solutions, distributed in 11 markets in Asia and Europe. The purchase will expand the Lingo product line, and extend its reach into 10 new countries, generating increased revenue. ELL Technologies currently markets its proprietary English language instruction products in China, Korea, Malaysia, Mongolia, the Philippines, Vietnam, Denmark, the Netherlands, Slovakia, Turkey, and the U.S. Their portfolio offers a full…

ThursdayMay 13, 2010 9:43 am

EGPI Firecreek, Inc’s. (EFIR.OB) West Texas Three Well Program Displays Success

Today, EGPI Firecreek announced that its West Texas Three Well Program with Whitt Oil & Gas is online with the McWhorter Well. EGPI’s successful operation and production of oil and gas will have lasting effects for the company and the marketplace. This successful operation will allow EGPI to ramp up the operations of its wholly owned subsidiary, Energy Producers, Inc. which will enable another stream of revenue for the young corporation. Whitt Oil & Gas is EGPI’s operator for the West Texas Three Well Program and has begun production of both oil and gas on the McWhorter well this week.…

ThursdayMay 13, 2010 9:39 am

Lightyear Network Solutions, Inc. (LYNS.OB) Appoints Randy Ammon as Chief Operations Officer

Lightyear Network Solutions Inc. provides telecommunications services to large, medium and small businesses, as well as residential consumers throughout North America. The company today announced the appointment of industry veteran and former senior manager at Nextel Partners, Randy Ammon, as its new chief operations officer. Mr. Ammon has over 20 years of telecom industry experience including management and senior level positions at well-known companies including AT&T, Nextel Partners and Telecom USA. He has also served as an operational advisor, interim president and chief financial officer for various companies ranging from start-ups to mid-size firms looking to implement cost containment strategies…

ThursdayMay 13, 2010 9:38 am

Jobless Benefits Claims Fall, but Slowly

A recent survey taken by Thomson Reuters revealed that jobless benefits claims are starting to fall – albeit slowly. The statistics mark the fourth straight week that claims have begun to fall, with economists determining the number to be around 440,000. Regardless, jobless claims haven't fallen as quickly as many economists would like. After dropping steadily last year from a peak of 651,000, they have fluctuated at around 450,000 in 2010; claims will need to fall below 425,000 to signal sustained job growth. Economists are interested in watching the weekly claims for unemployment, particularly new ones, because it serves as…

ThursdayMay 13, 2010 8:59 am

HotStockChat Releases Interview with General Environmental Management, Inc. (GEVI.OB) CEO Tim Koziol

Today, HotStockChat published an interview featuring General Environmental Management CEO Tim Koziol. In the 7 minute interview, Tom Allinder of HotStockChat and Mr. Koziol discussed a list of topics including GEM's history, the recent business transition, goals for next year, plans to reach those goals and why GEM is a good investment opportunity. The compete interview can be found at the following link: http://www.hotstockchat.com/gem-interview-with-ceo-tim-koziol Let us hear your thoughts: General Environmental Management, Inc. Message Board

ThursdayMay 13, 2010 8:15 am

Goldspring Inc. (GSPG.OB) Video Chart for Thursday, May 13, 2010

The GSPG chart has made a turn the last two days. With support established and indicators turning, GSPG looks to be continuing a push north. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=396 Let us hear your thoughts below:

ThursdayMay 13, 2010 8:05 am

Minatura Gold (MGOL.OB) Launches their New Corporate Website

Yesterday, Minatura Gold announced the launch of their new website at www.minaturagold.com. Highlights of the newly designed website include a clean, intuitive interface, a company profile, as well as a management section. The website also contains an Investor Relations and Community Relations section. Mr. Paul Dias, Chief Executive Officer of Minatura Gold, stated, "Minatura Gold is committed to maintaining outstanding communication with our existing shareholders and prospective investors–and our website is no exception. As our company grows, we will continue to update our website with new features and content that help stakeholders learn about our business, its performance and potential,…

ThursdayMay 13, 2010 8:03 am

ANTs Software, Inc. (ANTS.OB) Completes First $500,000 Tranche of $10 Million Investment Agreement with Fletcher Asset Management

ANTs Software, Inc., a leader in database migration solutions that offers a complete portfolio of services, recently announced that the company has closed the first $500,000 tranche of the previously announced $10 million investment agreement with Fletcher International, Ltd, an affiliate of Fletcher Asset Management, Inc. This funding, along with the $1.5 million invested in March earlier this year, will primarily be used to fund ANTs’ development of database migration solutions and to effectively launch the company’s services to the marketplace. The remaining two future investments are subject to achievement of predetermined business milestones. Joseph Kozak, chairman and chief executive…

ThursdayMay 13, 2010 8:02 am

Liberator Medical Holdings (LBHM.OB) Posts Impressive Q2 Sales Increase

Liberator Medical Holdings Inc., parent company to medical supplies provider Liberator Medical Supply Inc., yesterday posted its second-quarter results for the three-month period ended March 31, 2010. The company reported net revenues of $9.65 million for its second fiscal quarter ended March 31, 2010, up 65.6 percent from $5.82 million for the same quarter of fiscal 2009. The company attributes the increase to its direct response advertising campaign. Net income for the three months ended March 31, 2010, increased 169% to $256,000 compared to net income of $95,000 for the three months ended March 31, 2009. Gross profit for the…

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