Blog - Page 3979 of 5667

FridayDec 04, 2009 9:16 am

Consorteum Holdings Inc. (CSRH.OB) Updates Investor Community Regarding Progress of Initial North American Contracted Projects

In an industry with more than 30 million players over 15,000 courses, with annual revenues exceeding $85 Billion in North America alone, the MyGolf Rewards program has completed its pilot phase. The program successfully proved its ability to drive incremental revenues and encourage players to engage in additional rounds of golf. Utilizing the MyGolf Rewards program, the average course will be able to drive incremental revenues of over $50,000 per season, per course, by attracting new customers while establishing enhanced loyalty with existing customers. In this economic environment, golf courses are actively seeking new and innovative ways to maintain or…

FridayDec 04, 2009 9:05 am

Modavox, Inc. (MDVX.OB) Management Writes Letter to Shareholders

Modavox, Inc., a pioneer in Internet broadcasting, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide, today provided the following Management Letter to Shareholders: Dear Modavox Shareholders, It has been nearly six months since the integration of Augme Mobile and the assimilation of the new executive management team into Modavox. After a thorough internal review of the combined companies' assets and growth opportunities, we have developed a business plan to optimize our resources, and we have embarked on a BOD-approved comprehensive IP monetization and business growth strategy. I would like to take this opportunity to review…

FridayDec 04, 2009 9:02 am

Muscle Flex, Inc. (MFLI.PK) Ready for National Release of the Beagle StepFit Commercial

Muscle Flex Inc. told investors today that it is ready to go for a Monday, December 7 National commercial release of its Beagle StepFit Pedometer. Over the weekend, the company will implement final touches on the Beagle StepFit one-page landing page (www.BuyTheBeagle.com) and the Beagle customer support site (www.BeagleStepFit.com). The Beagle StepFit commercial release will air nationally on the following cable stations, but will expand to include the majority of nationally based broadcasters: Cable Station Households Discovery Health 65 Million FIT TV 38.6 Million Gameshow 63 Million HMC 5 Million LMN 53.6 Million Planet Green 50 Million Travel 87.4 Million…

FridayDec 04, 2009 8:56 am

AlphaRx, Inc. (ALRX.OB) Selects Hong Kong for Its Corporate Headquarters and Shanghai for an R&D Facility

AlphaRx, Inc., a specialty pharmaceutical company, recently announced that the company has selected Hong Kong as the new corporate headquarters. The company also selected a location in Shanghai for a new R&D facility. This announcement will not affect the company’s presence in Toronto, Canada, which will continue to serve as AlphaRx’s headquarters in North America. Spearheading a major push into Greater China, AlphaRx’s new R&D facility will be located in China’s Medicine Valley, a 740-acre high-tech park with more than 400 research-based companies, including the regional headquarters of some of the world’s leading pharmaceutical companies. Michael Lee, chief executive officer…

FridayDec 04, 2009 8:54 am

Tandy Leather Factory Inc. (TLF) Breaks 19-Month Sales Slump; Forecasts Positive 2009

Tandy Leather Factory Inc. yesterday announced increases in monthly and year-over-year sales for Retail Leathercraft, Wholesale Leathercraft and International Leathercraft, breaking 19 straight months of declining wholesale store sales. Sales for November were $5.2 million, up 13 percent from the $4.6 million reported in 2008. “Our wholesale stores broke their nineteen-month consecutive streak of sales declines. And our Retail and International Leathercraft divisions continue their very positive sales trends. With the sales momentum generated in October and November, I fully expect we will have a fourth quarter sales gain. Sales gains of any size in this environment are considered positive,”…

ThursdayDec 03, 2009 5:11 pm

Emtec, Inc. (ETEC.OB) Reports Increase in Fiscal 2009 Net Income

Emtec, Inc. reported net income of $1.7 million, or $0.12 per share, for the fiscal year ending 8/31/2009. These results were up significantly from the $1.3 million, or $0.09 per share, reported in fiscal 2008. Earnings before interest, taxes, depreciation and amortization (EBITDA) for fiscal 2009 were reported at $6.4 million. Emtec, Inc. saw a large jump in Services and Consulting revenue for the fiscal year, which came in at $55.8 million, up from $20.6 million in fiscal 2008. The Services and Consulting segment now comprises 25% of total company revenue. Emtec, Inc. also increased its gross margin in the…

ThursdayDec 03, 2009 5:07 pm

Puda Coal, Inc. (PUDA) Takes Advantage of Chinese Stimulus Money

Some sectors of manufacturing get a bad reputation for their products. One aspect to consider, however, is that there are often many ways to use these products to bring benefit to people and their economy. Coal is one such product. It is a dirty fuel, but it is needed. Consider that it acts to aid in the manufacture of other products to perform needed functions. Puda Coal Inc. works in the People’s Republic of China to produce coking coal for the manufacture of steel products and coke as a general product. The company currently has a washing capacity for its…

ThursdayDec 03, 2009 5:00 pm

Gold Resource Corp. (GORO.OB) Hits New All-Time High Following Gold Prices and QualityStocks Newsletter Highlight

Gold Resource Corp. hit another all-time high earlier today at $10.13 a share and closed trading at $10.00 a share on volume of over 150,000 shares. The stock was mentioned in the QualityStocks FREE Daily Newsletter back on July 24, 2009 when the stock was trading at only $4.53. Investors purchasing the stock after reading about the company have more than doubled their money in just a few short months! Gold Resource Corporation is a gold and silver mining company which has 100% interest in five potential high-grade gold and silver properties in Mexico's southern state of Oaxaca. Since July…

ThursdayDec 03, 2009 4:54 pm

Pay88, Inc. (PAYIE.OB) Signs Letter of Intent with Hongmeida Enterprise Group

Growing digital technology company, Pay88, Inc., announced today that it has signed a Letter of Intent to merge with Hongmeida Enterprise Group, a privately owned investment and financial services firm. Hongmeida Enterprise, located in Western China, mainly engages in raw materials investment and financial services. The company also has a professional pawn business (mortgage finance) license. In 2008, the Hongmeida's annual income totaled approximately RMB 75,375,318. Industry insiders believe that the agreement with Hongmeida is a powerful step to revitalize and grow Pay88. In principle, the agreement states that Pay88 can acquire Hongmeida Enterprise Group with common stock in a…

ThursdayDec 03, 2009 4:51 pm

FormCap Corp.’s (FRMC.PK) Acquisition of Permian Basin Leases

FormCap Corp. is a domestic oil and gas exploration and development company. The company announced in October the acquisition of 4,800 acres of oil and gas leases, all with primary terms of five years, initiated in June 2009, for a cost of $250,000. The leases, together called the Weber City Prospect, are located in Curry Country, New Mexico. Geologically, the Weber City Prospect is on the northern flank of the prolific Permian Basin, which is well known for its oil production, having four well-established hydrocarbon formations. The initial well will be drilled to a total of 6,500 feet to test…

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