Blog - Page 3916 of 5566

TuesdayOct 27, 2009 3:35 pm

Omnicity Corp. (OMCY.OB) Reports Substantial Increase in Subscribers; Record Revenue

Omnicity Corp, the Midwest’s largest fixed Wireless Internet Service Provider (WISP), announced after the closing bell today its financial results for the fourth quarter 2009. The company highlighted the following impressive results: -- Q4 09 revenues increased 89% to $611,000 compared to Q4 08 revenues of $322,000 -- Q4 09 revenues increased 44% compared to Q3 09 revenue of $425,000 (Q3 09 – 46% increase over Q2 09) -- Successfully expanded its subscriber base to 5,200 subscribers -- The Company expects revenues in excess of $650,000 for Q1 2010 Revenues for the year ended July 31, 2009 increased 63% to…

TuesdayOct 27, 2009 2:48 pm

Champions Biotechnology, Inc. (CSBR.OB) Expands Collaboration to Test Oncology Therapeutic in Biomerk Tumorgrafts™

Champions Biotechnology, Inc., a leader in the development of advanced preclinical platforms and tumor-specific data to enhance and accelerate the value of oncology drugs, recently announced that the company has secured an agreement with Ortho Biotech Oncology Research & Development for the evaluation of a novel preclinical oncology therapeutic in Champions’ Biomerk Tumorgraft™ platform. Preliminary studies show that Tumorgrafts closely reflect human cancer biology and their response to drugs is predictive of clinical outcomes in cancer patients. The company utilizes its preclinical platform to evaluate potential drugs and to create a portfolio of novel therapeutic candidates. After completing early-stage development,…

TuesdayOct 27, 2009 2:47 pm

Clear-Lite Holdings, Inc. (CLRH.OB) is “One to Watch”

Clear-Lite Holdings, Inc. is a leading innovator of eco-friendly Compact Fluorescent Lights (CFLs), lamps, and commercial lighting products. ClearLite's newest offering, ArmorLite™ SAFETY ECO CFL™, helps capture broken glass and mercury. The Company has strategic partnerships with major global manufacturers as well as cost-effective sales and logistics channels with offices in Florida, Illinois, California, and Canada. The Company's current line of CFLs is Energy Star® qualified and designed to meet RoHS standards (Reduction of Hazardous Substances). They are also UL approved in the United States and Canada. Clear-Lite Holdings, Inc.'s products are for the retail and industrial/commercial markets in the…

TuesdayOct 27, 2009 2:43 pm

Another Reason Oil is Headed Higher

People have been scratching their heads wondering why the price of oil has held up relatively well this year in the face of a global slowdown and decreased energy demand in the United States. Fundamentalists will point to continued strong demand for oil from emerging markets like China and decreasing oil output from non-OPEC producing nations such as Russia and Mexico. But then we have the conspiracy theorists who say the only reason that oil prices are so high is due solely to huge quantities of oil being held offshore in tankers by those greedy oil companies in order to…

TuesdayOct 27, 2009 1:20 pm

How to Profit From the Growing Luxury Market in China

Emerging Asia's role in the market for high-end luxury goods is mushrooming, reflecting a shift eastward in the global balance of spending power. This shift has crept along for years but has accelerated recently due to the global economic crisis, which has hampered economic growth in many countries. US consumers ended up living beyond their means by borrowing against asset bubbles – housing, stocks, etc. - which have burst and may be weak for years. By contrast, household spending by Asia's developing nations is expected to increase as continued growth, rising populations and improving health/retirement provisions reduce the need for…

TuesdayOct 27, 2009 1:15 pm

Caraco Pharmaceutical Laboratories, Ltd. (CPD) Reports Second Fiscal Quarter Earnings

Caraco Pharmaceutical Laboratories, Ltd. reported revenues of $78.4 million in the second fiscal quarter of 2010 ended September, 30, 2009, down from $122.8 million in the same quarter last year. Caraco Pharmaceutical Laboratories, Ltd had net income of $6.6 million, or $0.17 per diluted share, in the second quarter. The company earned $8.4 million, or $0.21 per diluted share, in the same quarter last year. Caraco Pharmaceutical Laboratories, Ltd. said that sales of distributed products were down due to lower shipments of its Paragraph IV products and “price erosion” on those products. Distributed products refer to products that the company…

TuesdayOct 27, 2009 12:15 pm

Simulated Environment Concepts Inc.’s (SMEV.PK) SpaCapsule Offers a Solution for Time-Constrained, Stressed Clients

Modern civilization has morphed into a fast-paced, technologically-advanced, demanding society. Automated and computerized services have entered into people's lives and become an indispensable part of their daily activities. On-the-go express services quickly develop into a vital necessity. The high intensity and stress of everyday life in our modern society has created a generation of people that needs to relax. This has led to an ever growing number of companies that provide mobile spa services globally. One such company to meet the growing demand for mobile spas is Simulated Environmental Concepts. The company’s SpaCapsule is an award winning self-contained full body…

TuesdayOct 27, 2009 10:39 am

General Environmental Management, Inc. (GEVI.OB) Making the Switch to More Profitable Businesses

General Environmental Management Inc. is in the midst of a process to switch the focus of its business from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. The company believes that shareholder interest will be better served in the long term by this move into faster-growing, more profitable markets. The opportunity in the marketplace is definitely there. Within the United States alone, the water industry is a $120 billion market that is expected to grow at a 6%-7% rate over the next year. On a global basis, the industry size exceeds $400 billion annually and…

TuesdayOct 27, 2009 10:36 am

MajicWheels, Inc.’s (MJWL.OB) Car gets Indication of Interest from Worldwide Distributor

MajicWheels Inc., a leading developer of all surface climbing toy cars, reports that that a major worldwide distributor of toys has indicated an interest in assisting in the manufacturing and distribution of the company's toy vehicles. Current discussions include final product details of the toy vehicles and information from advanced market research. The MajicWheels prototype can be seen by visiting http://www.youtube.com/majicwheels. MajicWheels CEO Asher Zwebner commented on recent developments, "We are confident that selecting the right partner can propel our company to great heights and make our remote-control vehicles into household items. Several companies have shown a great deal of…

TuesdayOct 27, 2009 10:33 am

Ion Geophysical Inc. (IO) Offers Opportunity as Large International Players Buy In

Any industry needs the basics to make it run. Technology needs solid minds while manufacturing needs skilled artisans. Exploration needs data of many kinds. A company that can provide that data, at a reasonable and successful rate, is one that will always profit. Ion Geophysical Inc., a seismic mapping company, works to map subterranean natural gas and oil structures world-wide. The company, based in Huston, Texas, has recently entered into a financial agreement with a Chinese concern to dramatically reduce debt and enable opportunities for expansion. Although one may assume that subterranean imaging might be rather straight-forward in nature, it…

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