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MondayOct 19, 2009 10:04 am

Ormat Technologies (ORA) Announces Joint Venture Agreement for Solar Power Systems

The Nevada Company Ormat Technologies announced that Ormat Subsidiaries Ltd., its Israeli subsidiary, entered into a Joint Venture Agreement (JVA) with Sunday Energy Ltd. Sunday is a private Israeli energy company and the agreement will be to construct and operate solar-photovoltaic energy systems with a total capacity of 36 MW throughout Israel. According to the JVA, Ormat will now own 70% of each special purpose entity (SPE) with Sunday contributing the rights to all of its property and roofs required to develop solar energy systems above 1 MW to SPE’s. The agreement between Ormat and Sunday will have major effects…

MondayOct 19, 2009 10:00 am

DSA Financial Corp. (DSFN.OB) Reports First Fiscal Quarter Earnings

DSA Financial Corporation reported earnings of $145,000 or $0.09 per share for its first fiscal quarter of 2010 ending 9/30/2009. The company reported earnings of $184,000 or $0.12 per share in the same quarter last year. The decline in earnings was attributed to a large increase in the provision for loan losses due to the recession and financial crisis. DSA Financial Corporation increased its provision for loan losses by 1000%, from $26,000 in last year’s first fiscal quarter to $225,000 in the quarter just ended. DSA Financial Corporation also declared its regular dividend of $0.105 per share of common stock.…

MondayOct 19, 2009 9:56 am

Westway Group, Inc. (WTWG.OB) Acquires Assets of Southside River-Rail Terminal, Inc.

Westway Group, Inc., a provider of bulk liquid storage services and a leading manufacturer/distributor of liquid animal feed supplements, recently announced that the company’s wholly owned subsidiary, Westway Terminal Cincinnati, LLC, has acquired the storage assets, contractual relationships and property of Southside River-Rail Terminal, Inc. located in Cincinnati, Ohio for approximately $20 million in cash. As one of the largest independent, full-service bulk liquid handling facilities in the Midwestern United States, Southside River-Rail handles barges, rail and truck operations, and has over 35 million gallons of bulk liquid storage capacity. The terminal facility that was acquired by Westway is located…

MondayOct 19, 2009 8:33 am

eDoorways Corp. (EDWY.PK) Provides New Updates to Shareholders; Releases Third Video Vignette

eDoorways Corp. today announced the release of its "Benefits to Small Businesses" video vignette. This video introducing eDoorways' platform, educating its target audience on the functionality and uses of its doorways, as well as communicates the company's progress to shareholders. Gary Kimmons, Chairman & CEO of the eDoorways Corporation explains, "The objective of eDoorways is to allow the small businesses that may have limited resources to make the best use of those resources so that they can compete with the big guys." eDoorways believes that a majority of the approximate 15,500 small businesses operating in Austin would make prime eDoorways…

MondayOct 19, 2009 7:29 am

Axial Vector Energy Corp. (AXVC.PK) Announces New Sales and Production Facility

Axial Vector Energy Corp. announced today that it has opened its Sales and Production Facility in Virginia Beach, Virginia, USA. The facility will allow the consolidation of new product developments, license transfers, USA government grants and loans, as well as a sales and demonstration office. The Virginia Beach based engineers were successful in completing Axial’s multi-fuel workhorse engine and the company is confident they will produce similar results productionizing other engine programs. According to the press release, AVEC possesses large order books on all of these products which can generate tens of millions in revenue for the company starting in…

FridayOct 16, 2009 6:40 pm

General Environmental Management, Inc. (GEVI.OB) Signs LOI with Cake Energy, LLC to Jointly Build and Operate Waste-to-Energy Facilities

General Environmental Management, Inc. announced that it has signed a Letter of Intent (LOI) with Cake Energy, LLC, a privately held waste-to-energy technology company, to build and operate leading-edge waste-to-energy (WTE) facilities in the western United States. “We are excited to announce this LOI for the proposed joint venture with Cake Energy,” stated GEM CEO Tim Koziol. “As previously announced, GEM has committed to entering the WTE market and we could not have found a better partner than Cake Energy. Their technology is truly unique and revolutionary in dealing with the growing problem of managing primary sewage waste, also known…

FridayOct 16, 2009 3:26 pm

Aquentium, Inc. (AQNM.OB) Announces Self Sanitizing Hand Dryer for Commercial Use

Today, publicly traded, green technology company Aquentium, Inc. excitedly announced that their high speed ozone hand dryer contributes to increased bathroom sanitation as well as bacteria and virus protection. The innovative hand dryer combines high speed drying with ozone in order to sanitize the air and keep the blowers inside the dryer bacteria-free. The technology’s practicality makes it a prime product for schools and universities. Traditionally, schools have used paper towels or ordinary slow speed hand dryers. The Aquentium hand dryer, installed at any school, can reduce energy costs while being environmental friendly. The Aquentium hand dryer can significantly reduce…

FridayOct 16, 2009 3:22 pm

Wound Management Technologies Inc. (WNDM.OB) to Present Wound Care Product at Annual Clinical Symposium

Wound Management Technologies Inc. operates through its subsidiary Wound Care Technologies to market and distribute wound care products to the healthcare market. The company today announced that Wound Care Innovations will present at the 24th Annual Clinical Symposium on Advances in Skin & Wound Care: The Conference for Prevention and Healing beginning October 22 in San Antonio, Texas. Dr. Jane Fore MD, medical director of the Tri-State Wound Care and Hyperbaric Center in Clarkston, Wash., will present results of her clinical study of Wound Care Innovations’ CellerateRx, demonstrating its increased efficiency of healing skin tears and flaps. Dr. Fore will…

FridayOct 16, 2009 2:20 pm

Muscle Flex, Inc. (MFLI.PK) Selects Producer for The Beagle StepFit Two-Minute Commercial

Muscle Flex Inc. announced this morning that it has chosen Showreel International Inc. to produce the Muscle Flex Beagle StepFit(TM) Pedometer 2-minute commercial. The commercial has been scheduled to be filmed on Monday, October 19, 2009 for the November 2009 product launch. An innovative film and video production company known for thinking out of the box, Showreel delivers intelligent, engaging productions that resonate with their target audience. For 25 years the company has created and produced numerous visually stunning award-winning projects for organizations such as Sony, Alcoa, Revlon, Taser International, Herbal Essences, Johnson & Johnson and Gillette. The Muscle Flex…

FridayOct 16, 2009 2:11 pm

Hilltop Community Bancorp, Inc. (HTBC) Reports Results for Third Quarter

Hilltop Community Bancorp, Inc. (HTBC) reported net income of $191,000, or $0.07 per share, for the third quarter of 2009 ending 9/30/2009. The bank earned $266,000, or $0.10 per share, in the same quarter last year. Hilltop Community Bancorp, Inc. issued preferred stock to the U.S. Treasury as part of the Troubled Asset Relief Plan (TARP) passed by Congress in 2008. The bank has not yet redeemed this issue and paid a dividend of $64,000 as required. Hilltop Community Bancorp, Inc. ended the quarter with assets of $167.5 million and loans of $110.81 million. The bank has set aside an…

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