Blog - Page 3902 of 5592

MondayDec 07, 2009 12:21 pm

BioSolar, Inc. (BSRC.OB) Offers Eco-Friendly Solar Components, Emphasizes Solar Industry Growth on Strength of Falling Costs

BioSolar Inc. CEO Dr. David Lee addressed the analysis of New Energy Finance today, Dec. 7, which stated that solar energy would see a 50% reduction in cost per kilowatt hour (kWh) through 2009. Lee, citing the report, noted that this represented the "largest cost reduction in its (solar) history". Lee went on to acknowledge the leadership role solar technology has played as an "economic and environmental" growth factor for the entire "green" industry. Lee also noted that if the industry "wanted to continue growing", it would need to plan ahead and avoid the pitfalls of the microelectronics industry, which…

MondayDec 07, 2009 11:53 am

Stock Guru Featured Company: Expert Group, Inc. (EXPU.PK)

Expert Group, Inc. is focused on marketing a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. The company is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender. Expert Financing & Investments specializes in refinance loans, home mortgage loans, and new home purchases as well as foreign national loans. The company can also help consolidate debt and lower monthly payments, even if its client has less than perfect credit or bad credit. Robert Rico, chairman of the board of directors of…

MondayDec 07, 2009 11:40 am

Small Cap Voice Featured Company: Royal Standard Minerals, Inc. (RYSMF.OB)

Royal Standard Minerals is focused on exploring and developing gold and polymetallic properties in key mineral districts of Nevada. Three of the company’s properties - Goldwedge, Piñon-Railroad and Fondaway Canyon - are advanced with established resources. Goldwedge, its most developed asset, is moving to feasibility. Goldwedge lies within one of Nevada's most important gold districts. Royal Standard has encountered significant, high-grade gold at the property and excavated a decline for over 2000 feet into the primary mineral zones. Having already built a crushing and milling plant and secured necessary permitting, a bulk sampling program is currently underway. Another key project…

MondayDec 07, 2009 9:18 am

Global Entertainment Holdings, Inc. (GBHL.OB) to Begin Trading on the OTC Bulletin Board

Global Entertainment Holdings, a young company located under the blue skies of West Hollywood, California, is a publicly-held entertainment company with an objective to build a worldwide entertainment organization with domestic and global affiliates. If Global reaches its desired goal, it could become a global name. Leading the way at GBHL is their CEO Gary Rasmussen. Rasmussen is a noted name in the industry with an extensive background spanning over 25 years as an entrepreneur with vast experience in all phases of business development, having been a founder, chief executive officer or director of several publicly-held corporations in the areas…

MondayDec 07, 2009 9:13 am

Plato Learning, Inc. (TUTR) Reports Strong Earnings Growth for Fiscal 2009

Plato Learning, Inc. reported fiscal 2009 net income of $957,000, or $0.04 per share. This was a vast improvement over the $91.9 million, or $3.85 per share, loss it reported in fiscal 2008. Revenues came in at $65.2 million in fiscal 2009, down slightly from the prior year. Plato Learning, Inc. ended the quarter with a cash balance of $28.2 million, double the amount the company had three months ago. Plato Learning, Inc also has no short or long term debt on its balance sheet. Plato Learning, Inc. predicts strong growth in fiscal 2010, with subscription growth of 10-20% over…

MondayDec 07, 2009 9:05 am

Newport Digital Technologies, Inc.’s (NPDT.OB) Microsoft Licensing Agreement

Newport Digital Technologies Inc., a technology solutions driven company focused on the wireless technology space, recently announced that it had implemented the licensing agreement with Microsoft (NASDAQ: MSFT) to develop applications for its Windows Mobile platform. In conjunction with leading Taiwan-based R&D technology incubators, Newport Digital Technologies is commercializing a number of leading-edge radio frequency identification (RFID) technologies. The first product is the N37B Ruggedized Handheld RFID reader and computing device. The N37B will offer options that includes a 3G connection module and location/navigation based GPS. The 3G option will enable the handheld to have data connectivity anywhere a cellular…

MondayDec 07, 2009 8:56 am

Zarlink Seminconductor (ZL.TO) Appoints New COO and Marketing Officer

Friday, communication semiconductor solutions provider Zarlink Semiconductor announced that it has appointed Gary Tanner as Chief Operating Officer and Dr. Stan Swirhun as Chief Technology and Marketing Officer. In his new role, Mr. Tanner will assume management responsibilities for Zarlink's Communication Products Group. Mr. Tanner will also retain his current role as Senior Vice President, Worldwide Operations. Mr. Tanner takes over current COO Hank Perret’s position, following Mr. Perret's January 2010 retirement. Mr. Perret will remain with Zarlink until his retirement to ensure a smooth transition. Dr. Swirhun will assume Zarlink’s newly created position, Chief Technology and Marketing Officer. The…

MondayDec 07, 2009 8:54 am

China Power Equipment Inc. (CPQQ.OB) Finalizes $5M Equity Offering; Proceeds to Expand Subsidiary Operation

China Power Equipment Inc. operates through its subsidiary Xi’an Amorphous Zhongxi Co. Ltd. to manufacture energy saving electric transformer cores and transformers in the People’s Republic of China. The company announced last week that it has completed a $5 million equity offering through a private placement to certain investors. The company will use the funds to complete Xi’an Amorphous’ plant, which is currently under construction, to ultimately expand alloy transformer core production. “We are very pleased to complete this financing that will help continue our growth and success in the high-growth amorphous alloy core business. Our capacity expansion will enable…

MondayDec 07, 2009 8:49 am

China Yida Holding Company (CNYD) Receives Approval to List on NASDAQ Exchange

China Yida Holding Company, a leading diversified entertainment enterprise focused on the fast-growing media and tourism industries in China, recently announced that the company has received approval to list its common stock on the NASDAQ Exchange. The company will begin trading on the NASDAQ today with the new ticker symbol “CNYD.” Dr. Minhua Chen, chairman and chief executive officer of China Yida, commented, “We are honored to list our shares on NASDAQ, one of the world’s preeminent stock exchanges. We view this upgrade as a significant milestone in our company’s development and validation of our corporate governance practices.” Dr. Chen…

FridayDec 04, 2009 4:24 pm

Phoenix Footwear Group, Inc. (PXG) Announces New $4.5 Million Revolving Credit Facility

Phoenix Footwear Group, Inc. reported that it had entered into a two-year secured revolving credit agreement with First Community Financial. The agreement replaces a similar credit agreement with Wells Fargo Bank. Phoenix Footwear Group, Inc. now has a $4.5 million line of credit with First Community Financial, which is a subsidiary of Pacific Western Bank. Phoenix Footwear Group, Inc. has $2.0 million drawn on the facility as of the first week of December 2009. The credit agreement calls for interest at prime plus 275 basis points, with a 6% minimum. Rusty Hall, the CEO of Phoenix Footwear Group, Inc. said,…

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