Blog - Page 3896 of 5550

FridayOct 30, 2009 8:08 am

Pacific WebWorks, Inc. (PWEB.OB) Announces 210% Increase in Revenue

Today, Pacific WebWorks, Inc. announced that it expects revenues of at least $28.5MM in 2009, representing an increase of 210% over the $9.2MM revenue in 2008. The estimation is consistent with an October 10th analyst report. The market for application software, Pacific WebWork’s primary focus, is expected to grow at a healthy rate during the next five years. The small-to-medium-sized segment of this market is anticipated to grow at a higher pace driven by low penetration of these services and growing demand. Ken Bell, Pacific WebWorks CEO, stated, "We expect substantially improved before tax net profit margins in the third…

FridayOct 30, 2009 8:06 am

Claimsnet.com, Inc. (CLAI.OB) Reports Third Quarter Loss

Claimsnet.com reported revenues of $565,000 in its third quarter, up 7% on a year over year basis. The company’s net loss for the quarter was $69,000, or $0.00 per share. During the same quarter in 2008, the company lost $161,000 or $0.01 per share. Claimsnet.com cut its selling, general and administrative expenses by $45,000 from the third quarter of 2008, and boosted its gross profit by $20,000. Don Crosbie, the CEO of Claimsnet.com, said "these third quarter results were achieved in a relatively challenging economic environment where many companies are still delaying decisions or putting new contracts on hold.” Crosbie…

ThursdayOct 29, 2009 3:51 pm

Omnicity Corp. (OMCY.OB) Issues Corporate Update to Investor Community

Omnicity Corp., the Midwest's largest and fastest growing fixed Wireless Internet Service Provider, today updated the investment community with a formal corporate update summarizing the milestones achieved and the status of Omnicity's aggressive fiscal 2010 growth plan through acquisitions and organic growth. David Bradford, Chief Operating Officer of Omnicity, stated, "In the first 8 months, since completing our public listing, we proved our acquisition model works very well. We have completed five acquisitions and integrated them into Omnicity operations very smoothly. All these acquisitions were highly accretive, coming over with high operating margins, and some of them yielded high quality…

ThursdayOct 29, 2009 3:19 pm

Muscle Flex, Inc.’s (MFLI.PK) Impressive Run This Week

The stock of Muscle Flex Inc. has been on a tear this week. Today, the stock closed at $0.024 on solid volume in excess of 3.25 million shares. MFLI is up 41.18% today and 71% for the week. This emerging company has been highlighted many times recently by QualityStocks. Muscle Flex is a leading edge fitness, health and lifestyle company that develops new brands and products to market using direct response TV advertising and commercials. The company recently announced the November launching of their first two of many upcoming product releases – The BUDDY Tablet Caddy and The Beagle StepFit.…

ThursdayOct 29, 2009 1:56 pm

Tiens Biotech Group, Inc. (TBV) is “One to Watch”

Tiens Biotech Group, Inc. conducts most of its business through two of its subsidiaries: Tianjin Tianshi Biological Development Co., Ltd., and Tiens Yihai Co., Ltd. Founded in 1998, Tianjin Tianshi focuses on researching, developing, manufacturing and marketing supplements and personal care products. Tiens Yihai on the other hand focuses on the research and development, production and marketing of nutrition supplements products, home care and personal care products. Tiens’ herbal products, vitamin and mineral supplements and personal care products are sold in China as well as approximately 90 other countries. The company has significantly increased its revenue and earnings over the…

ThursdayOct 29, 2009 1:55 pm

Ness Technologies, Inc. (NSTC) is “One to Watch”

Ness Technologies, Inc. provides Information Technology (IT) business services and solutions to more than 500 clients in the commercial, industrial and government sectors. The company is known for its specialized expertise in software product engineering; system integration, application development and consulting; and software distribution. Ness Technologies delivers its services and solutions through offices located in 18 different countries with a work force of approximately 8,000 experienced professionals. The company has formed strategic partnerships with many leading global software and infrastructure vendors to capitalize on a wide array of technologies and innovation. Ness Technologies continuously evaluates and pursues other potential partners…

ThursdayOct 29, 2009 1:39 pm

Skinny Nutritional Corp. (SKNY.OB) ‏is “One to Watch”

Headquartered in Bala Cynwyd, Pennsylvania, Skinny Nutritional Corp. engages in developing, distributing, and marketing nutritionally enhanced functional beverages, primarily in the United States, under the Skinny brand. They are the creator of Skinny Water®, a zero-calorie, zero-sugar, zero-sodium, and zero-preservative enhanced water. Skinny Nutritional Corp. trades on the OTCBB as part of the Food Wholesale industry. In 2006, Michael Salaman and Don McDonald began envisioning a beverage for the 21st century. Their vision was for a unique product focusing on health, wellness, and meeting the needs of millions of calorie-conscious consumers. Skinny Water® was the result of their efforts. This…

ThursdayOct 29, 2009 1:33 pm

Emtec, Inc. (ETEC.OB) Subsidiary Achieves ISO 9001: 2008 Certification

Emtec Federal is a wholly-owned subsidiary of Emtec Inc., an information technology (IT) solutions provider. Emtec Federal announced today that its Springfield, New Jersey headquarters received ISO 9001: 2008 certification demonstrating its focus on quality management. ISO 9000 is a family of standards for quality management systems, maintained by the International Organization for Standardization (ISO). The rules are continuously updated and were last changed on November 15, 2008, creating the current ISO 9001: 2008 standard. The ISO certification process ensures on-going compliance to standards of performance, and, once certified, companies are externally audited on a regular basis for continuous adherence…

ThursdayOct 29, 2009 1:17 pm

Electric Car Company Inc. (ELCR.OB) Signs Letter of Intent with Electric Performance Conversions LLC

Electric Car Company Inc. is a vehicle conversion company that specializes in electric conversions and manufacturing for the fleet and livery markets to help them go 'green'. The company announced today that it has signed a letter of intent with Electric Vehicle Performance Conversions LLC (EVPC). EVPC has the capability and expertise of converting just about any gasoline-powered vehicle into a fully functional, zero-emissions electric vehicle. At present, EVPC offers a line of electric vehicle (EV) exotic sports cars, beginning at a 100% Electric Porsche Boxster all the way up to a full electric Rolls Royce Phantom. Electric Vehicle Performance…

ThursdayOct 29, 2009 1:15 pm

L & L International Holdings Inc. (LLFH.OB) Completes $8.18M Coal Washing, Coking Facility Acquisition

L & L International Holdings Inc. is a U.S.-based company operating coal businesses in China. The company today announced an agreement with Hon Shen Coal Company in China, in which L&L will acquire a 93 percent stake in Hon Shen’s coking facilities, as well as a 28 percent interest in Hon Shen’s coal washing facilities. The coal washing facilities have aggregate coal washing capacity of 300,000 tons, 210,000 tons from the coal washing plant and an existing 90,000-ton plant. Hon Shen's coking facilities have a combined annual production capacity of 150,000 tons. L&L expects these facilities to add roughly $18…

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