Blog - Page 3943 of 5654

ThursdayDec 31, 2009 3:43 pm

Saia, Inc. (SAIA) Strengthens Balance Sheet with Equity Offering

Saia, Inc. (SAIA) Strengthens Balance Sheet with Equity Offering Saia, Inc. (SAIA) signed an agreement to sell 2.31 million shares of common stock at a price of $11.50 per share to a group of institutional investors. The company will receive $25.1 million in net proceeds, which will be used pay down outstanding debt. Saia, Inc. also amended its credit agreement with its lenders to waive compliance with certain of its debt covenants. The amendments permit non-compliance with certain leverage and fixed charge covenants through March 31, 2011. Saia, Inc. agreed to the following conditions in return for this waiver: •…

ThursdayDec 31, 2009 3:39 pm

Pyramid Oil Company (PDO) Demonstrates its Ability to Generate a Safe and Reliable Return

The energy markets are in a state of flux at the moment. Oil, gas, wind, geothermal and solar are all thought to be ways to invest in energy. Past oil and natural gas not going away anytime soon, no realistic forecast can indicate what the next mainstream power source will be. With this in mind, one can point to a certainty as it relates to investing. If a company has survived a boom and bust cycle for a sustained period, it will likely remain and be stable as additional booms and busts occur, regardless of the sector. Pyramid Oil Company,…

ThursdayDec 31, 2009 11:52 am

China Yongxin Pharmaceuticals, Inc. (CYXN) Announces 2009 Projected Financials

China Yongxin Pharmaceuticals Inc., a leading producer and distributor of Chinese traditional medicines, pharmaceuticals, health food, cosmetics, and related products, today announced projected financial results for the year ending December 31, 2009. Although net income for the year is projected to increase 35% to $5.4 million, over 2008, a shift in sales strategy has led to a reduction in projected revenues. 2009 revenues are now projected to be $46.1 million, down 22% from $59.1 million in 2008. The company’s sales strategy is being shifted from wholesale to the retail and medical facilities sector due to the uncertain direction of the…

ThursdayDec 31, 2009 10:09 am

Simulated Environment Concepts, Inc. (SMEV.PK) Signs Multi-Million Dollar International Distribution Agreement

Simulated Environment Concepts, Inc., makers of the high pressurized dry water massage and relaxation station SpaCapsule, was pleased to announce today that it has completed negotiations with the French company Zen & O. As a result of their negotiations, Simulated Environment Concepts secured a multi-million dollar deal to manufacture 250 SpaCapsules over the next four years. This agreement expands the company’s reach into central Europe. “This is a significant, multimillion dollar contract for a minimum of 250 units,” stated Dr. Ella Frenkel, President and CEO of Simulated Environment Concepts. “It’s a clear indication that the personal wellness industry continues to…

ThursdayDec 31, 2009 9:51 am

Quadra Projects Inc. (QPRJ.OB) Signs Letter of Intent with Bio Earth to Market Carbon Black

Today, Quadra Projects took a major step towards enhancing their future with the signing of a Letter of Intent to market carbon black. The Letter of Intent was signed with Bio Earth Incorporated to jointly market quality carbon black produced by Quadra’s joint venture operations in Malaysia and Indonesia. This Letter of Intent will open up global prospects for Quadra. Bio Earth has a very productive relationship with the Government of Bangladesh, which is one of the prospective purchasers. When asked about the market for carbon black in countries in South East Asia and Bangladesh, Bio Earth’s President Brian Rabb…

ThursdayDec 31, 2009 9:35 am

National Holdings Corp. (NHLD.OB) Reports Record Revenues for 2009

Operating through its wholly-owned subsidiaries, National Holdings Corp., a full service investment banking company, yesterday reported record revenues for the company’s fiscal year ending September 30, 2009. National Holdings realized a net loss of $6.79 million on revenues of $116.59 million, compared to last year’s loss of $21.36 million on revenues of $82.14 million. After providing for cumulative dividends, the company had a basic and diluted net loss per share of $0.41; in 2008, the basic and diluted net loss per share was valued at $2.02. Additionally, outstanding basic and diluted shares were 16,760,243 for the fiscal year ending September…

ThursdayDec 31, 2009 9:32 am

Petaquilla Minerals Ltd. (PTQMF.OB) Appoints Ms. Julie Van Baarsen as the Company’s Chief Financial Officer

Petaquilla Minerals Ltd., a gold producer operating a 100 percent-owned gold processing plant in Panama, recently announced the appointment of Ms. Julie Van Baarsen as the company’s new chief financial officer effective January 1, 2010. Ms. Van Baarsen replaces Bassam Moubarak, who will remain with the company as a consultant through January to assist with the transition of the chief financial officer role. Prior to joining the company in January 2009 as the director of finance, Ms. Van Baarsen as worked in various industries in both the public and private sector and served as a former audit manager of Grant…

WednesdayDec 30, 2009 6:46 pm

Implant Sciences Corp. (IMSC.OB) Up 315% After QualityStocks Coverage

Implant Sciences Corporation closed today’s trading at $0.33 a share, up $0.27 a share or 450% for the day. Earlier in the day, the stock vaulted to an intraday high of $0.40 per share. Today’s volume of nearly 2 million shares is well above the average daily volume of about 330,000 shares. Implant Sciences was initially mentioned in the QualityStocks FREE Daily Newsletter back on July 23, 2009 when its stock was trading for only $0.08 a share. Not bad – a return of about 315% in only five months! Implant Sciences develops, manufactures and sells sophisticated sensors and systems…

WednesdayDec 30, 2009 4:53 pm

ChinaTel Group Inc. (CHTL.OB) is “One to Watch”

ChinaTel Group Inc., through their controlled subsidiaries, provides telecommunications infrastructure engineering and construction services globally. Headquartered in Irvine, California, the countries they serve include the United States, China, Argentina, Peru, and Chile. ChinaTel Group Inc.'s goal is to acquire and operate WiMAX networks in key markets throughout the world. They are working to be a leader of Internet technologies. Taking advantage of the WiMAX technology wave, they believe they will have the capabilities to become a catalyst of change for the new generation of Internet applications and users. Their corporate strategy is to build leading-edge IP-leveraged solutions advanced by their…

WednesdayDec 30, 2009 1:48 pm

ECOtality, Inc. (ETLE.OB) Hosts Arizona Debut of Nissan ‘LEAF’

ECOtality Inc. is a leader in clean electric transportation and storage technologies. One of the company's subsidiaries, Electric Transportation Engineering Corporation (eTec) will join Nissan North America this week for the debut of the zero-emission LEAF electric vehicle in Arizona. Nissan has taken the LEAF on a tour of 22 cities in 11 states, as well as the District of Columbia and Vancouver, Canada. The tour offers the opportunity for interested drivers, business and media to learn more about the Nissan LEAF and the benefits of zero-emission driving. In August 2009, ECOtality's eTec was awarded a federal grant of nearly…

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