Blog - Page 4012 of 5585

FridayAug 14, 2009 8:53 am

BioPharm Asia, Inc. (DOMR.OB) Announces Substantial Growth in Revenues and Income

BioPharm Asia, Inc., a major retailer and wholesale distributor of medical products in China, today announced its financial results for the second quarter and six months ended June 30, 2009. For the second quarter, revenues were $19.9 million, up 22.0% from the $16.3 million generated during the second quarter of 2008. For the six months ended June 30, 2009, revenues totaled $42.6 million, up 27.5% from the prior year, largely due to an increase in wholesale revenues. Gross profit for the quarter was $5.9 million, up 12.6% from the comparable period last year. For the first six months, gross profits…

FridayAug 14, 2009 8:24 am

Sino Green Land Corp. (SGLA.OB) Announces $1 Million Private Placement

Today, Sino Green Land Corp. announced that it completed a private placement with a group of institutional investors, led by T Squared Investments LLC ("T Squared Partners"), in the upfront amount of $1 million. The private placement also includes investment rights and warrants to invest an additional $4.9 million into the company for growth capital purposes. Mr. Anson Fong, Chairman of Sino Green Land, commented, "Since founding the company in 2003, we have experienced exceptional growth due to our highly scalable business model. In the last year alone, we achieved sales growth of over 70%, with revenue of $73.6 million…

FridayAug 14, 2009 7:51 am

Axial Vector Energy Corp. (AXVC.PK) Leading the Way towards Energy Effeciency

Axial Vector Energy Corp. has a lock on technologies that feed into two of the most important fields today: increased engine efficiency for power generation and vehicles, and increased purification efficiency for the processing of oil. Both areas are driven by growing demand for environmental protection, and stand to gain from worldwide governmental support. Axial develops and licenses advanced internal combustion engines and power generator technologies, in addition to supporting a patented sonic energy and oxidation process for the more cost effective removal of sulfur and nitrogen compounds from oil. The company’s prototype GENSET power generation product is designed to…

FridayAug 14, 2009 7:15 am

Horsehead Holding Corp. (ZINC) Reopens Shuttered Facility

Horsehead Holding Corp. announced that it is resuming operations at one of its Zinc recycling facilities due to an increase in demand. Jim Hensler, the CEO of Horsehead Holding Corp., said “We remain hopeful that the economy will continue to strengthen as we head towards the 4(th) quarter of 2009." The facility is located in Rockwood, Tennessee, and was closed earlier due to the recession. Horsehead Holding Corp plans on starting one of two kilns by mid September 2009. In July 2009, the company restarted a zinc smelter located in Monaca, PA, due also to increased demand. The facility processes…

ThursdayAug 13, 2009 3:11 pm

Bakhu Holdings Corp. (BKUH.OB) Announces Memorandum of Understanding with Chinese Solar Manufacturer

Bakhu Holdings Corp., also conducting business as Bakhu Solar Corporation, plans to enter the green energy business by acquiring a solar manufacturer that is based in China. The target company that Bakhu Holdings plans to acquire is Shenzhen Xinhonglian Solar Energy Co. The company today announced that it has entered into a memorandum of understanding to acquire 100% of the assets and shares of Shenzhen Xinhonglian. The memorandum calls for shareholders of Shenzhen Xinhonglian to receive 35% of Bakhu's common stock. It also outlines all the terms of the acquisition as well as a timetable for the completion of the…

ThursdayAug 13, 2009 12:57 pm

Beacon Equity Research Featured Company: LaCrosse Footwear, Inc. (BOOT)

LaCrosse Footwear Inc. engages in the design, development, manufacture, and marketing of footwear and apparel for the work and outdoor markets. Under the Danner brand name, the company offers products for hunting, hiking and work. Rubber and leather footwear, as well as rainwear and protective clothing, are labeled under the LaCrosse brand name. Their high performance and protective footwear is critical to customers working in fields such as law enforcement, transportation, mining, construction, and military services. Consumers also find their outdoor merchandise to be essential when doings activities such as hunting and hiking. LaCrosse has been successful in increasing its…

ThursdayAug 13, 2009 12:49 pm

Beacon Equity Research Featured Company: Cornerstone Therapeutics, Inc. (CRTX)

Cornerstone Therapeutics, Inc., a specialty pharmaceutical company, focuses on the acquisition, development, and commercialization of prescription products for the respiratory market in the United States. The company is dedicated to making quality medicines in order to improve the quality of life. Cornerstone offers trusted medications such as Zyflo CR®, Spectracef® and AlleRx®. Zyflo CR® is an extended release oral medication that is used to prevent and treat asthma in adults and children 12 years and older. Infections caused by bacteria can be treated with Spectracef®, while those suffering from allergies will find relief by taking AlleRx®. Cornerstone has successfully alienated…

ThursdayAug 13, 2009 12:39 pm

Beacon Equity Research Featured Company: Atlantic Tele-Network, Inc. (ATNI)

Atlantic Tele-Network is an international telecommunications company that is headquartered in Salem, Massachusetts. Providing voice and data communications into and out of Guyana through fiber optic cables, they are the largest cellular provider in that country. Through Commnet Wireless, LLC, they are able to provide voice and data roaming services in rural areas of the United States. Reaching into Bermuda they have achieved great success through Bermuda Digital Communications, Ltd., and are able to provide state of the art mobile voice services through their network, including mobile broadband services. Throughout New England and Vermont, they have provided their customers with…

ThursdayAug 13, 2009 10:37 am

Dana Resources’ (DANR.OB) Major Expansion in Peru

Dana Resources, a precious and base metal exploration and development company, announced today that it has successfully acquired the Collota One Gold Prospect in central Peru. The company announced earlier that it had acquired the nearby Collota Gold Project. The combined land holdings of Dana Resources' Collota Gold Deposit and Collota One Gold Prospect now surpass 8,000 acres. The Collota One Gold Prospect is located in central Peru, on the eastern side of the Cordillera Negra (Black Range Mountains). The project is accessible via paved and gravel roads. The previously announced Collota Gold Project is estimated to have a reserve…

ThursdayAug 13, 2009 9:35 am

Homeland Security Capital Corp. (HOMS.OB) Gets a Boost for Future Security

As technology advances to address our rising Homeland Security concerns, the approach is swift and precise. Technology enables us to provide innovative and scalable solutions engineered to effectively protect people, property and assets. As anyone can imagine, the current concerns that need to be addressed are huge undertakings. However, with the right people combined with the right technologies, much can be gained. In order to find a company that can meet the needs of that magnitude, one must look to the top of the list. Homeland Security Capital Corp., an international provider of specialized technologies, has just received in excess…

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