Blog - Page 3985 of 5657

TuesdayNov 17, 2009 8:45 am

VIASPACE, Inc. (VSPC.OB) Announces Q3 2009 Financial Results

VIASPACE Inc., a clean energy company providing products and technology for renewable and alternative energy, this morning reported its financial results for the third quarter ended September 30, 2009. Revenues totaled $1.23 million, including $1.06 million from the late-2008 strategic acquisition of Inter-Pacific Arts, Inc. (IPA), and $171,000 primarily from Ionfinity's military contracts for monitoring and detection systems. Gross profit for the quarter was reported at $473,000, including $455,000 related to IPA. Comparatively, third-quarter 2008 revenues were $99,000 and gross profit was $23,000. Operating expenses for the quarter declined to $1.05 million from $2.82 million as a result of lower…

MondayNov 16, 2009 3:21 pm

November 16th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CVM, CHIP, ENZ, HYTM, IWEB, ONEZ, PHC, SIHI, SRCO Markets continued their strong performance this week in the absence of any major market driving earnings or economic reports, as the broad based buying that characterized the previous week continued and led to gains in all of the major indices. All told, the Dow added 2.5% on the week, gaining 247 points to close at 10,270, up 17.0% on the year. The Nasdaq posted a 2.6% gain on the week, closing at 2,167 to extend its yearly gains to 37.5%, while the…

MondayNov 16, 2009 2:39 pm

China XD Plastics Company (CXDC.OB) Up 49.43% Following Positive News

China XD Plastics Company is currently trading at $10.52 on volume of about 100,000 shares. The stock hit a high of $14.55 today and it is still up an impressive $3.48, or 49.43%, for the day. This company has been mentioned a couple times over the past few months in QualityStocks FREE Daily Newsletter. It was originally highlighted back on May 14, 2009 when China XD Plastics was trading for only $3.50 a share. Investors buying shares at that time have enjoyed a tripling of their investment. China XD Plastics, through its wholly-owned subsidiary Harbin Xinda Macromolecule Material, develops, manufactures…

MondayNov 16, 2009 2:33 pm

Small Cap Voice Featured Company: Lucas Energy, Inc. (LEI)

Lucas Energy, Inc. is a Houston, Texas based independent oil and gas company focused on identifying, evaluating and acquiring leasehold property interests, primarily in the Austin Chalk formation of the middle Gulf Coast of Texas, that are underperforming or have been shut-in or plugged and abandoned. Once acquired, the company revitalizes the properties by undertaking extensive re-entry and work-over procedures. These procedures include clean-up, repairs and treatments of the existing well bores and lateral extensions, as well as drilling new laterals into previously non-producing areas of the formation. By making tight field and operating management controls a priority, together with…

MondayNov 16, 2009 2:27 pm

Small Cap Voice Featured Company: Visual Management Systems, Inc. (VMSY.OB)

Visual Management Systems is a New Jersey Based Corporation focused on providing businesses with remote management systems for loss prevention, physical security, asset protection, and management controls – on and off-site. The company offers a wide array of protective technology products and services to a host of businesses and industries. Professional Loss Prevention consultants, System Design specialists, CCTV installers and technical support agents are available to assist Visual Management’s customers with all aspects of system design, ownership and usage and maximizing the value of a professional remote management system. The founders of VMS have accumulated extensive experience in loss prevention,…

MondayNov 16, 2009 2:19 pm

Wonder Auto Technology, Inc. (WATG) Receives Proceeds from Equity Offering

Wonder Auto Technology, Inc. closed on its recent offering of common stock and received $59.2 million in net proceeds. The company sold 6 million common shares at a price of $10.75, and may receive more proceeds if the underwriters exercise the overallotment option. The company plans on using the funds for general corporate purposes. Wonder Auto Technology, Inc. also recently purchased Friend Birch Limited for $12 million. Friend Birch Limited is an automotive parts supplier that specializes in rods and shafts technology, and produces automotive mechanical springs and gas springs. Wonder Auto Technology, Inc. is based in China and manufactures…

MondayNov 16, 2009 1:50 pm

Clenergen Corp. (CRGE.OB) Uses Tree Adaptation Process to Increase Yields on Biomass Feedstocks

Clenergen Corp. is one of the first companies to incorporate the efficiency gained from the direct cultivation of feedstock as a source of biomass for gasification processes and the generation of renewable electricity. Electric power generated from such power plants will then be sold by the company to local municipalities and industries, particularly in areas of the globe that have a poor energy infrastructure. One source of biomass that Clenergen will grow on their own plantations is bamboo. The company has identified a high calorific, high-density strain of micro-propagated bamboo that is capable of producing upwards of 45 tons per…

MondayNov 16, 2009 1:45 pm

Axion Power International, Inc. (AXPW.OB) Reports 2009 Third Quarter, Nine-Month Results

Axion Power International Inc. is the industry leader in the field of lead-acid-carbon energy storage technologies. The company's new PbCA batteries won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. The company today reported results for its third quarter and nine months ended September 30, 2009. Sales for the third quarter were $962,833 versus only $149,441 in the 3rd quarter last year, while sales for the first nine months of 2009 were $1.6 million versus only $541,298 for the first nine months of 2009. Axion did show a loss for the first…

MondayNov 16, 2009 11:21 am

Devon Energy Corp. (DVN) to Liquidate Undervalued Assets, Emphasize Onshore Infrastructure

Devon Energy Corp. revealed details of its strategy to monetize all outstanding Gulf of Mexico and international assets today, Monday, Nov. 16. Following this divestiture, DVN – an Oklahoma based energy company engaged in oil and gas exploration, will channel the capital generated into its U.S. and Canada onshore infrastructure. DVN will elaborate further on its bold new strategy to effectively trim its cost structure and sculpt its balance sheet in a conference call webcast on the DVN corporate site at 9 a.m. CST (10 EST). On the agenda for this conference call will be the 2010 outlook and capital…

MondayNov 16, 2009 11:16 am

Consorteum Holdings, Inc. (CSRH.OB) Sees Itself as Best Solutions Financial Provider

Consorteum Holdings Inc., a financial transaction solution provider, clearly believes it has the right people, with the right skills, along with more flexible access to the best technologies. In addition, it has extensive relationships within the payments and transaction industry. For all these reasons, the company sees itself as offering customers the best possible solutions when it comes to financial transaction processing. Consorteum likes to identify new business opportunities, along with the supporting technologies, to help their clients always be on the leading edge. Their goal is to assist clients in: • Entering new markets • Increasing revenues in existing…

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