Blog - Page 3950 of 5389

ThursdayMar 05, 2009 9:54 am

China Automotive Systems, Inc. (CAAS) Bucks the Trend; Anticipates Record Production

Unlike the “Big Three,” China Automotive Systems, Inc. has been doing quite well recently and expects its subsidiary, Jingzhou Henglong Automotive Parts Co., Ltd. ("Henglong"), to have a record monthly production of 85,000 power steering units for passenger vehicles this month. The company also announced that subsidiary Henglong Wan'an (''WanAn'') matched its record daily production rate of 1,600 units following the Chinese New Year as a result of a large number of new orders. Mr. Qizhou Wu, Chief Executive Officer of China Automotive Systems, stated, "We are beginning to see results from the government stimulus packages targeting the general economy…

ThursdayMar 05, 2009 9:50 am

Allegiant Professional Business Services Inc. (APRO.PK) Updates Investors on Efforts to Return to the OTCBB as a Fully Reporting Company

Allegiant Professional Business Services Inc. was pleased to announce earlier this week that it will be filing a Form 10-KSB in the near future for fiscal year ending September 30, 2008 and Form 10-QSB for the first quarter of fiscal year 2009. David Goldberg, CEO, commented, "As previously announced, we have already signed upwards of $20M in new contracts through our New Jersey office. Although I am delighted with this result the subsequent event of the additional revenues has caused a delay of our required filings." He added, "The filing of the aforementioned K and Q, and subsequent filings to…

ThursdayMar 05, 2009 9:34 am

GTX Corp (GTXO.OB) is “One to Watch”

GTX Corp is focused on developing miniaturized GPS tracking and cellular location-transmitting technology platforms for integration into a wide variety of branded licensee consumer products. The company’s patented Personal Location Services (PLS) platforms feature miniaturized, always-on Assisted-GPS tracking and wireless location-reporting technologies that provide continuous real-time coordinates. Since inception, the company has been dedicated to creating patented GPS/GPRS/GSM technologies and establishing key relationships with licensed, branded partners to bring real-time tracking solutions to an assortment of consumer products. GTX Corp plans to integrate its gpVector™ units in a host of lifestyle products and applications used to track children, those afflicted…

ThursdayMar 05, 2009 7:30 am

Carbon Sciences Inc. (CABN.OB) Launches New Website that Will Highlight Market Potential

Carbon Sciences Inc. announced the launch of an updated website that reflects its market potential and key advantages over other renewable fuel technologies. The website describes how Carbon Sciences’ breakthrough technology has the potential to produce more than 30% of global liquid fuel supply using less than half of the CO2 emissions from coal-fired power plants. Carbon Sciences has been gaining national recognition because of their developing breakthrough technology that can transform carbon dioxide (CO2) emissions into fuels such as gasoline, diesel fuel, jet fuel and other portable fuels. Innovating at the intersection of chemical engineering and bio-engineering disciplines, the…

ThursdayMar 05, 2009 7:22 am

Am Oil Resources & Technology Inc. (AMOR.OB) Up 39.6% in Three Days!

This has been a great week for Am Oil Resources & Technology Inc. (AMOR.OB), one of our featured companies. On Monday the stock opened at $0.24, just two cents higher than its 52-week low. Since then, over 10 different stock newsletters have mentioned the company and yesterday the AMOR.OB hit a high of $0.355. Volume also increased substantially, rising from a 3-month average of 64,146 traded shares to an average of approx. 469,000 for the past three trading days. Let us hear your thoughts: AM Oil Resources & Technology, Inc. Message Board

ThursdayMar 05, 2009 6:27 am

CEO of OriginOil, Inc. (OOIL.OB) Participates in Key Panel at Algae Biofuels Summit 2009

OriginOil, Inc. (OOIL.OB) is pleased to announce that the company’s CEO, Riggs Eckelberry, will participate in a panel alongside other industry leaders at the Algae Biofuels Summit on March 24, 2009. As much of the world’s oil and gas sources are made up of ancient algae deposits, scientists worldwide are focused on finding methods of producing “new oil” from algae. OriginOil has developed technology that transforms algae into an alternative fuel source that is comparable to petroleum. The Algae Biofuels World Summit will gather top scientists from around the globe in the first major event focused on algae biofuels. Representatives…

ThursdayMar 05, 2009 6:20 am

GTX Corp. (GTXO.OB) Accelerates Go-To-Market Strategy, Adds Technological Visionary and Former Apple CEO to the Team

GTX Corp. announced this week that it is accelerating its "go-to-market" strategy through product expansion and the addition of Dr. Gilbert Amelio of Alteon Capital Partners as a Strategic Advisor. The number of people subscribing to wireless communication services has been increasing every year. In fact, the number of mobile handsets is projected to surpass four billion in 2011 according to Wireless Intelligence, the GSMA's market intelligence unit. As this number continues to grow, so will the number of handsets that have GPS and positioning capability. GTX Corp is implementing an aggressive plan to capitalize on this burgeoning opportunity by…

ThursdayMar 05, 2009 5:43 am

AM Oil Resources & Technology Inc. (AMOR.OB) Sets its Sights on the Bakersfield Oil Industry

AM Oil Resources & Technology Inc. announced yesterday after the closing bell that the company has targeted the Bakersfield, California oil industry as its initial target market. Surrounded by the prolific Kern River County oilfields, Bakersfield is an oil, mining, and agricultural center at the southern end of the San Joaquin Valley in South central California. Kern County is home to 18 giant oil fields that have produced more than 100 million barrels of oil each, including four "super giants" that have each produced over 1 billion barrels of oil. According to the San Joaquin Geological Society, approximately 31,000 oil…

ThursdayMar 05, 2009 5:02 am

Nexia Holdings, Inc. (NXHD.OB) Agrees to Acquire $500,000 of ARIO Preferred Stock

Nexia Holdings, Inc. announced that it has signed an agreement with AmeriResource Technologies, Inc. (ARIO.PK) to exchange 100,000 shares of its Series C Preferred Stock, with a stated conversion value of $500,000, for $500,000 of ARIO preferred stock. The transaction is anticipated to take place in the next 7-10 days. Nexia also told investors that it anticipates agreeing to similar exchanges in the coming months. CEO Richard Surber stated, "I am involved in discussions with up to six other entities that are interested in carrying out similar exchanges with Nexia. Such exchanges will broaden the portfolio of companies in which…

WednesdayMar 04, 2009 1:41 pm

eSolar, Inc. Signs $30 Million Agreement with ACME Group

eSolar, manufacturer of scalable, modular solar power collection plants, reported today the signing of an exclusive agreement with the ACME Group, one of India's leading environmentally-conscious energy companies. eSolar utilizes specialized solar thermal energy technology to derive power from the sun. Traditional solar power uses costly photovoltaic panels to convert the sun's light directly into electricity. eSolar's lesser-known thermal method uses concentrated sunlight to heat water, the steam from which then powers a turbine generator. This cost-effective technology has made eSolar one of the first companies to allow solar energy to compete with fossil fuels. The liscensing deal will allow…

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