Blog - Page 3980 of 5481

WednesdayMay 20, 2009 8:40 am

Energtek Inc. (EGTK.PK) Signs LOI for $1.5M Investment

Energtek Inc., a leading developer of Adsorbed Natural Gas (ANG) technology, announced that it has entered into a Letter of Intent (LOI) with EGFE DM LTD. Under the terms of the letter, the investment will take place in restricted shares of Energtek's common stock. The letter does not include registration covenants. EGFE has been given a seven-day period to perform due diligence. $150,000 USD is to be invested before the end of the current month, reaching a total investment of $1,500,000 USD over the next twelve months. It has been decided that the investment of each tranche will take place…

WednesdayMay 20, 2009 8:32 am

Sector 10, Inc. (SECI.OB) to Deploy MRU at National Institute for Urban Search and Rescue Annual Meeting

Sector 10, Inc. announced today that it has joined the National Institute for Urban Search and Rescue (NIUSR) as part of its continuing strategy of leadership in Crisis, Emergency and Risk Management (CERM). NIUSR is recognized as the premier leadership organization in the field of new technologies for emergency applications and is committed to improving disaster readiness and response through public awareness, collaboration, research and engineering. According to the press release, Sector 10's Mobile Response Unit (MRU) will be deployed at the NIUSR Annual Meeting ``Boot Camp for Leaders'', which will be held in Santa Barbara at the El Capitan…

WednesdayMay 20, 2009 8:26 am

IX Energy Holdings Inc. (IXEH.OB) Makes all the Right Moves Working to Secure its Part of Federal Stimulus Dollars

Doing the planning and making the right contacts is a critical aspect of moving into a government oriented/industrial sector. Knowing where and who can often make the difference in landing a company’s portion of government or industrial contracts. If an investor can find a company that seems to have these right moves in place, they stand to profit handsomely. IX Energy Holdings Inc., a full life cycle provider of renewable energy products, works to manufacture and implement renewable energy solutions for both the US federal government and private industry. Perhaps the company’s largest strength is its model to make renewable…

WednesdayMay 20, 2009 8:19 am

Liberator Medical Holdings Inc. (LBMH.OB) Posts Triple-Digit Increases in Revenue and Gross Profit

Liberator Medical Holdings Inc., a national provider of direct-to-consumer medical supplies to senior citizens eligible for Medicare, today announced its second-quarter financial results for the period ended March 31, 2009. The company posted revenues of $5.83 million, up an astounding 309% from the $1.43 million reported for the first quarter of 2008. Liberator Medical attributes the increase primarily to its mail advertising campaign targeting new customers. Gross profit for the quarter was $3.7 million, up 311% from the amount reported in the same period last year. Liberator Medical’s net income for the second quarter of 2009 was $94,947, or $0.00…

WednesdayMay 20, 2009 8:12 am

The UpTurn, Inc. (UPTR.PK) Happy With Success of Real Estate Blog

UpTurn, Inc., the much talked about venture to provide a new online marketplace for everyone and everything involved in real estate, is still under development. But in case you haven’t heard, the idea is to create an innovative site that is focused on people and their lifestyles, not just on property specifications like other sites. Based on the principle that networking and communication is the best way to get answers and solve problems, the objective is creating a fast and easy interface and lifestyle approach, allowing users to connect and socialize with like-minded consumers and professionals. The platform will even…

WednesdayMay 20, 2009 7:04 am

Suspect Detection Systems Inc. (SDSS.OB) Leads the Way in Homeland Security Technology

Suspect Detection Systems is an Israeli company that specializes in developing innovative homeland security, military intelligence, and law enforcement advance technologies. These technologies are based on extensive intelligence and counter-terrorism know-how accumulated in Israel. The company's first advanced product is called “COGITO”, a fully automated system that does not require human control and/or operation. Relying on unique and proprietary software technology, the system is designed to identify malicious intent in various settings and scenarios. The technology emulates an investigator's modus operandi by incorporating artificial intelligence techniques and algorithms. All of the company's COGNITO products are incorporated in an all-in-one test…

WednesdayMay 20, 2009 6:38 am

L&L International Holdings, Inc. (LLFH.OB) Opens 300,000 Ton Capacity Coal Washing Factory

L&L International Holdings, Inc. announced this morning that it has completed a coal washing factory with an annual capacity of 300,000 tons at its DaPuAn Coal Mine in Yunnan Province, China. At full capacity and using $100 per ton as an average washed coal price, the new facility potentially adds approximately $30 million in annual revenue to the company’s top line. The new 300,000 ton coal washing facility will add to L&L International’s existing coal mining and coal consolidating operations in Yunnan Province, a coal-rich region of China, as the company strives to implement green technologies to its business. "Washing…

WednesdayMay 20, 2009 6:29 am

TrinityCare Senior Living, Inc. (TCSR.OB) Reports Operating Results for First Quarter of 2009

TrinityCare Senior Living, Inc. today reported its financial results for the first quarter of 2009. Revenues for the quarter totaled $1,547,001, up 19% from the $1,305,624 generated in the first quarter of 2008. Gross profit rose approximately 51% to $813,707 (52.6% of revenues) in the most recent quarter, compared with $539,551 (41.3% of revenues) in the three months ended March 31, 2008. According to the company, gross profit improved primarily as a result of improved occupancy rates at the company's three senior living facilities. Net loss came in at ($245,946), or ($0.03) per share, for the first quarter of 2009.…

WednesdayMay 20, 2009 6:13 am

Fresh Harvest Products, Inc. (FRHV.OB) Nearly Finished Performing Due Diligence on Acquisition Candidate

Fresh Harvest Products, Inc. announced that it is close to completing its due diligence in order to complete the acquisition of Organic Chef, LLC. As of today the company is waiting for the final Asset Valuation Report to finalize the purchase price of the assets to be acquired. Fresh Harvest expects the independent asset appraisal of Organic Chef, LLC to be completed before the end of this week and the asset acquisition agreement to be executed the following week. Michael J. Friedman, FRHV's CEO, stated, "We are very excited to be nearing the completion of the asset acquisition of Organic…

WednesdayMay 20, 2009 4:42 am

EV Innovations, Inc. (EVII.OB): Why Electric Transportation and not Gas or Fuel Cell?

All-electric vehicles, such as those provided by EV Innovations, are powered by high energy density and lightweight rechargeable lithium-ion batteries. These batteries, easily charged using household electricity outlets, are discharged during use to power electric motors with zero emissions. Electric vehicles are very reliable and maintenance free. They do not require oil changes, filter changes or tuning and have less than 1/10th the number of parts a gas car has. EV Innovations believes that the best way to reduce carbon emissions is to utilize the cleaner, greener, and increasingly more renewable grid to power transportation. The electric powered vehicle is…

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