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MondayFeb 08, 2010 9:58 am

Unitil Corp. (UTL) Reports Decline in Net Income

Unitil Corp. reported net income of $1.2 million, or $0.11 per share, in the fourth quarter of 2009, down significantly from the $3.2 million, or $0.53 per share, reported for the same quarter of 2008. The company attributed the decline in earnings to adverse weather in its area of business in New England, which resulted in extraordinary legal fees and an accounting charge by state regulatory authorities. Excluding these charges, the company earned $5.1 million, or $0.47 per share, in the fourth quarter of 2009. Bob Schoenberger, the CEO of Unitil Corporation, said, “We had a challenging year in 2009…

MondayFeb 08, 2010 9:56 am

L&L Energy, Inc. (LLEN.OB) Announces Subcontract Agreement for ZoneLin Coal Coking Operations in Yunnan Province of China

L&L Energy, Inc., a coal-mining company founded in the United States in 1995 serving the Chinese coal market, recently announced that the company has subcontracted the operations of ZoneLin Coal Coking located in Yunnan Province of China through its subsidiary, L&L Yunnan Tianneng Industry Co., Ltd. Through its subsidiaries, L&L Energy operates profitable coal mines, coal wholesale, coking and coal-washing facilities in Yunnan and Guizhou Provinces in China. Under a fixed fee of $1 million for five years, the agreement allows L&L Yunnan Tianneng Industry Co., Ltd to operate ZoneLin's 150,000-ton annual coking facility, including providing the necessary working capital…

MondayFeb 08, 2010 8:02 am

The Upturn, Inc. (UPTR.PK) Acquires CitySide Tickets, Inc., Changes Business Direction

Today, The Upturn, Inc. announced the closing of the acquisition of CitySide Tickets, Inc. The company will now conduct all business under the CitySide Tickets, Inc. name. The company’s common stock is now being traded on the over the counter markets under the symbol "CIST." CitySide Tickets, Inc. owns and operates www.CitySidetickets.com, a nationwide event ticket purchasing venue that caters to a wide selection of popular theater, music, and sporting events. The new company focus will be solely on the intellectual property and business of CitySide Tickets, Inc. Through CitySide Tickets’ easy-to-use portal, www.CitySidetickets.com, customers can purchase entertaining and engaging…

MondayFeb 08, 2010 7:54 am

FormCap Corp. (FRMC.PK) Announces Operations and Farm-in Agreement with Mr. Mackenzie of Alberta

Friday after the closing bell, FormCap Corp. was pleased to announce that it has entered into a Consulting and Option Agreement with Mr. Norman Mackenzie of Calgary, Alberta, Canada to develop and execute the drilling and development plan for the Weber City Prospect. Consisting of approximately 4,800 acres with room for 100+ well locations, the Weber City Prospect is strategically positioned in the Permian Basin, a prolific area that has produced more than 35 billion barrels of oil and 100 trillion cubic feet of gas. Mr. Mackenzie has over three decades experience in the domestic and international energy industry with…

FridayFeb 05, 2010 4:40 pm

Lithium Corp. (LTUM.OB) is “One to Watch”

Lithium Corporation engages in the identification, acquisition, and exploration of mineral properties with a focus on lithium mineralization in Nevada. The Company holds interests in the Fish Lake Valley property, located in west central Nevada; and the Fish Creek Caldera property, located in west-central Lander County, northern Nevada. Founded in 2007, the Company formerly went by the name Utalk Communications, Inc. and changed their name to Lithium Corporation on September 30, 2009. Lithium Corporation trades on the OTC Bulletin Board, and they have their headquarters in Reno, Nevada. On October 9, 2009, the Company entered into a share exchange agreement…

FridayFeb 05, 2010 3:56 pm

Gen2Media Corp. (GTWO.OB) Launches Newest Software Platform for Emmis Communication Inc.’s NY and Chicago Radio Networks

Video technology company Gen2Media Corp. recently launched the publisher version of its Online Video Platform for the company’s network radio partnerships. Gen2 worked with Emmis Communications to launch the software, and rolled out the platform for Emmis’ flagship stations in New York and Chicago. “Launching our publisher level software for radio marks a groundbreaking achievement for Gen2,” Gen2 CEO Mark Argenti stated in the press release. “We believe that our Online Video Platform continues to set the standard for how video is published and managed, and this new publisher version is the very best of breed for managing content and…

FridayFeb 05, 2010 3:40 pm

Fund.com Inc. (FNDM.OB) is “One to Watch”

Fund.com Inc. is a financial services information publisher and product developer focused on establishing a destination website of personal finance channels that provide investment information and services covering mutual funds, hedge funds, money market funds, exchange traded funds (ETFs), closed end funds, commodity funds and other types of pooled investment vehicles. Combining a powerful media network with the origination and distribution of investment fund products, the company is uniquely positioned at the center of the pooled investment solutions arena for both the mass and institutional markets. Targeting the global $60 trillion investment fund market, Fund.com provides the public with an…

FridayFeb 05, 2010 2:33 pm

Tsodilo Resources Ltd. (TSD.V) is “One to Watch”

Tsodilo Resources Limited is an international diamond and metals exploration company. They engage in the search for economic kimberlites and metal deposits at their Newdico (Pty) Limited and Gcwihaba Resources (Pty) Limited projects in northwest Botswana. The Company has offices in Toronto, Canada, and Gaborone and Maun, Botswana. They trade on the TSX Venture Exchange. Tsodilo Resources Limited has a 95 percent stake in Newdico, which holds 9,400 square kilometers under 10 diamond Prospecting Licenses. Trans Hex Group, a South African diamond mining and marketing company, holds the remaining 5 percent. Exploration in the Newdico Ngamiland project area is at…

FridayFeb 05, 2010 2:26 pm

Kulicke & Soffa Industries, Inc. (KLIC) Reports Outstanding Q1 FY 2010 Results

Kulicke & Soffa Industries, Inc. announced Q1 FY 2010 (ending Jan. 2) results yesterday, reporting net revenue of $128.4 million. Known as a pioneering global leader in designing and manufacturing semiconductor production equipment, KLIC is well known throughout the industry for its packaging solutions, die and wedge bonding, as well as a growing range of tools for its core ball bonding products. With a vast wealth of advanced technological process expertise under its belt, the Company is well-positioned to exploit future growth in the semiconductor industry, helping customers to produce next-generation semiconductor products while increasing value for its shareholders. Chairman…

FridayFeb 05, 2010 2:20 pm

China Runji Cement Inc. (CRJI.OB) Profits from Chinese Rural Economy Stimulus Plan

China Runji Cement Inc., a leading cement producer with a 1 million ton annual capacity located in China’s Anhui Province, announced today that the Company has prospered from the government’s 2010 rural economy stimulus policy, with the price of cement clinker rising $1.46 per ton, or $245,973 extra per month based on current output of 5,600 tons per day. The Central Committee of the Communist Party of China and the State Council issued the first policy document aimed at investing in and subsidizing rural areas, with particular emphasis on allocating budget resources and fixed-asset investments toward rural agribusiness infrastructure that…

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