Blog - Page 3969 of 5772

ThursdayApr 01, 2010 10:05 am

Razor Resources, Inc. (RZOR.OB) Closes Purchase of the Clavo Rico Gold Mine in Honduras

Razor Resources, Inc., a development stage company that specializes in acquiring mineral claims and exploring mineral claim properties, recently announced that it has closed the acquisition of 99 percent of Compania Minera Cerros Del Sur, S.A., which owns gold mining concessions and producing gold mines covering 200 hectares in Honduras. Under the terms of the acquisition, Razor Resources will issue 34 million shares of common stock to the shareholders of Compania Minera Cerros Del Sur, S.A. The most well-known mine in the acquisition is “Clavo Rico Mine,” which has been producing gold since the 1500s and is currently producing gold…

ThursdayApr 01, 2010 10:03 am

Lifeway Foods, Inc. (LWAY) Reports Large Increase in 2009 Net Income

Lifeway Foods, Inc. reported net income of $5.6 million, or $0.33 per share, in 2009. This was a large increase from the $1.9 million, or $0.11 per share, reported in 2008. Lifeway Foods, Inc. reported revenues of $58.1 million in 2009, up 31% from $44.6 million in 2008. The company reported that gross profit nearly doubled over the same time frame, from $12.7 million in 2008 to $20.8 million in 2009. Julie Smolyansky, the CEO of Lifeway Foods, Inc., said, “We are extremely pleased at our 2009 results as the year was a very exciting one for us. We had…

ThursdayApr 01, 2010 10:01 am

Magnum Hunter Resources Corp. (MHR) Reports Strong Increase in Production

Magnum Hunter Resources Corp. released an operational update on its oil and gas properties for the full year 2009. The company drilled 33 gross wells during the year. Magnum Hunter Resources Corporation reported average daily production of 703 barrels of oil equivalent (BOE) in 2009, a 23% increase over the 572 BOE of average daily production in 2008. The company said that this production was composed of 70% crude oil and 30% natural gas liquids. Magnum Hunter Resources Corporation attributed the strong increase in production to the development of the Mohall Madison field of North Dakota. Magnum Hunter Resources Corporation…

ThursdayApr 01, 2010 9:59 am

PolyMedix, Inc. (PYMX.OB) Secures $14 Million Credit Facility and Files Shelf Registration Statement

PolyMedix Inc. is a biotechnology company focused on the development of new therapeutic drugs for the treatment of acute cardiovascular disorders and infectious diseases. The company's compounds are based on biomimetics: non-peptide small molecule drug candidates and polymers that mimic the activity of proteins. The company announced today that it has secured a $14 million credit facility with Hercules Technology II L.P. Hercules Technology is an affiliate of Hercules Technology Growth Capital Inc. (NASDAQ: HTGC), a specialty finance company providing debt and equity growth capital to technology and life science companies at all stages of development. PloyMedix expects that the…

ThursdayApr 01, 2010 9:56 am

JBI, Inc. (JBII.OB) Video Chart for Thursday, April 1, 2010

We were asked about using technical analysis to determine entry points for plays that have made a big move. This JBII video explains how to use support and resistance levels to help minimize risk. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=367 Let us hear your thoughts below:

ThursdayApr 01, 2010 9:48 am

eDoorways Corp. (EDWY.PK) Makes Direct Connection with Top Social Networking Site

eDoorways Corp. announced today that it is preparing to launch its platform's first social networking integration system, 'Facebook Connect,' which will allow users of the highly popular social networking site to cross-pollinate with eDoorways users and vice versa. "This is a very exciting feature," stated Ann Collins, eDoorways Project Manager and Social Media Consultant. "Whether you have an eDoorways or Facebook account, once you've connected the two, virtually any friend on either of the sites will become accessible through the eDoorways Followers / Following lists." While this integration feature isn't completely unique to eDoorways, the company is one of the…

WednesdayMar 31, 2010 3:21 pm

NetSol Technologies, Inc. (NTWK) Building on a Foundation of Success

NetSol Technologies, Inc., worldwide provider of business services and enterprise software solutions for over 14 years, is renowned throughout the global marketplace for its industry-standard setting BestShoring™ practices, infrastructure and personnel. Continued retention of the prestigious ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessment standards puts NTWK in an exclusive club of only 100 other companies able to boast such sustained results. NetSol is famous for its sophisticated NetSol Financial Suite (NFS) of software that includes the asset-based leasing platform, LeaseSoft, which has received the coveted "Best Financial Industry Application" (07)…

WednesdayMar 31, 2010 3:17 pm

QuoteMedia, Inc. (QMCI.OB) Fiscal Year 2009 Revenue Up 4%

QuoteMedia, Inc., well known amongst top businesses worldwide, including multiple Fortune 500 companies, for unprecedented service in providing streaming market data and financial software solutions, reported FY 09 (ending Dec. 31) data today. Chairman of QMCI, Robert J. Thompson, expressed his pride over the glowing results contained in the report which indicate a 4% ($265,414) annual increase in revenue from 08 to $7,542,394. Thompson said that QMCI, unlike its competitors, was able to expand data coverage, add to the employee roster, increase technical capacities and even release new products while increasing market share and thus ROI for the Company’s investors;…

WednesdayMar 31, 2010 2:41 pm

WorldVest, Inc. (WOVT.OB) Subsidiary Signs Joint Venture and Names New Managing Director

WorldVest, Inc. is a corporation that has started to turn the heads of investors across the globe. One of the main reasons for the success of WorldVest is their subsidiary Hurricane Global Resource Corporation. Hurricane is an acquisition, development and trading company making strategic worldwide commodities related investments with an emphasis on iron ore properties and reserve assets in Latin America. Today, Hurricane took a major step towards enhancing their future by announcing it has signed a Joint Venture to launch a Chinese Iron Ore Sales Office in Tianjin, China. The addition of this sales office represents a great deal…

WednesdayMar 31, 2010 2:24 pm

New Gold Inc. (NGD) Reports a Remarkable 2009

When a company appears to be hitting all its marks, if not exceeding them, it’s time to take a look. Questions to ask include, why is it doing well and are there hidden warning signs. If it is doing really well, there is likely good reason and opportunity for an investor to profit. New Gold Inc., an explorer, extractor and processor of gold, silver and other associated base metals, works to exploit the metals primarily in Brazil, Australia and Mexico. The company also controls properties in Canada and Chili. For the year end 2009, the company was well ahead of…

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