Blog - Page 4034 of 5497

WednesdayApr 01, 2009 8:35 am

EV Innovations Inc. (EVII.OB) Contacts General Motors and Chrysler to Discuss Merging its Technology with Automotive Giants

EV Innovations Inc., a leading company focused on the development of emission-free propulsion systems using the latest lithium battery technology, announced this afternoon that it has begun the process of reaching out to both Chrysler and General Motors to discuss the possibilities of merging its cutting-edge electric car manufacturing and lithium battery technology with the giant automakers. EVI Sales Director Michael Cerven commented, "We have tested part of the solution technology that can make a difference. By working with the Detroit auto industry we can bring an innovative line of new vehicles to the American market, with a much needed…

WednesdayApr 01, 2009 7:01 am

Juhl Wind Inc. (JUHL.OB) Announces Financial Results for 2008

Juhl Wind Inc. today announced its results for the year ended December 31, 2008. Revenue for the year totaled $1,331,497, which exceeded the company’s projected revenue of $700,000. Net loss for 2008 was $1,201,229 as compared to a net loss of $46,255 for 2007. As of December 31, 2008, Juhl Wind held unrestricted cash of $2,610,789 in the form of cash accounts and short term investments in addition to $264,557 of restricted cash. “We are extremely pleased to report our results for the 2008 fiscal year,” stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. “With our base wind…

WednesdayApr 01, 2009 6:50 am

NGP Nevada Geothermal Power (NGP.V) Closing in on Power

There are always hurdles when a company is working to construct a large project. Permits need to be granted, materials need to be sourced and delivered, and construction needs to managed well to meet time restrictions. This process is difficult at best, especially if environmental conditions present additional challenges, but if a company can be found that seems to be on the track in each of these construction requirements, profit could be at hand. NGP Nevada Geothermal Power, a geothermal development stage power generator, is working toward a fourth quarter 2009 completion date, power turn on, and revenue generation. As…

WednesdayApr 01, 2009 6:47 am

Vitro Diagnostics Inc. (VODG.OB) Introduces “Tools for Stem Cell and Drug Development”

Vitro Diagnostics Inc., which is doing business as Vitro Biopharma, is committed to harnessing the power of cells. The company owns US patents for the production of the fertility drug – FSH, immortalization of cells, and a pending US patent regarding stem cell-based cancer treatments. Vitro also recently received a Notice of Allowance for its method of generation of adult stem cells. Vitro announced the introduction of “Tools for Stem Cell and Drug Development” at the recently held Society of Toxicology meeting in Baltimore, MD. These products are designed to support stem cell and cancer research specifically targeting mesenchymal stem…

WednesdayApr 01, 2009 6:39 am

Dionics, Inc. (DION.OB) Recognizes 67% Increase in Profits; Sales Figures Rise 13%

Dionics, Inc., a semiconductor / micro-electronics manufacturer, announced before the bell today that it has filed its SEC Form 10K report for 2008. Management noted that this is the first on-time 10K report in six-years, reflecting the company's newly-acquired "current" SEC status. Bernard L. Kravitz, president of Dionics, Inc, commented, “In addition to now being current with our SEC reporting, we have also gained re-listing of our Common Stock on the OTC Bulletin Board. These moves should help us greatly in our near-term efforts to increase shareholder value.” Recognizing the company's 67% year-over-year profit increase, the resulting $.02 per share…

WednesdayApr 01, 2009 6:20 am

QuoteMedia, Inc. (QMCI.OB) Reports Another Year of Growth

Today, QuoteMedia, Inc. reported its financial results for the fiscal year ended December 31, 2008. Revenues for the year increased 31% to $7,276,980 compared to the $5,569,107 reported for 2007. As of December 31, 2008, the company had a cash balance of $536,624, a $179,308 increase from the amount reported for December 31, 2007. For six consecutive years now, QuoteMedia has reported significant revenue growth for every quarterly reporting period. “2008 was another strong growth year for QuoteMedia”, commented Robert J. Thompson, Chairman of the Board of QuoteMedia, Inc. “Even though global economic challenges and a significant weakening of financial…

WednesdayApr 01, 2009 5:17 am

Kraig Biocraft Laboratories, Inc.’s (KBLB.OB) Innovative Approach to the Technical Fibers Market

In a world where the value of a company is increasingly based upon its intellectual capital, Kraig Biocraft Laboratories appears to have a solid future. That’s because the Michigan-based biotechnology development company has a lock on a very good idea, an idea that could be the key to a market representing billions of dollars in estimated annual sales. The market is the resilient technical fibers market, currently controlled by Kevlar, DuPont’s super tough para-aramid synthetic fiber. Today Kevlar is used in body armor, bicycle tires, racing sales, audio equipment, buildings, and a host of other applications where the strength to…

WednesdayApr 01, 2009 5:07 am

When It Comes to IRAs, Know Your Limits

In recent years, IRAs have become the single largest vehicle for retirement savings in the United States. At the end of 2007, IRAs held $4.8 trillion in retirement savings, whereas employer-sponsored defined-contribution plans like the 401(k) held $3.5 trillion and defined-benefit plans (traditional pensions) held $2.3 trillion. As a retirement savings vehicle, the IRA has become more attractive with age. When IRAs were created in 1974, the annual contribution limit was $1,500. In 2009, workers can contribute up to $5,000 to all IRAs combined, and those 50 and older can contribute an additional $1,000 in catch-up contributions. Contributing the maximum…

TuesdayMar 31, 2009 11:53 am

Universal Tracking Solutions, Inc. (UTRK.OB) Set To Serve Communities Nationwide

Universal Tracking Solutions, Inc., the rapidly growing GPS fleet tracking technology provider, has now uniquely positioned itself to service communities throughout the country. Through its recently announced partnership with The National Association Of Regional Councils (NARC), UTS will be able to provide regions and local communities with tracking and GPS technology to help them reduce vehicle operating costs and improve air quality. The solution being offered is the Automated Vehicle Location System (AVL)/Vehicle GPS with integrated Garmin navigation, and will be available to local community organization fleets and vehicles at a discounted price through NARC. The system is designed to…

TuesdayMar 31, 2009 10:13 am

GTX Corp (GTXO.OB) Poised to Successfully Expand and Launch New Products

Over the last decade we have seen the explosion of the wireless market. When they were first introduced to the public, cellular phones were the size of a briefcase. Now, they are smaller than a deck of cards and can make calls, take photos, and access the internet. According to Wireless Intelligence, the GSM Association’s market intelligence unit, by 2011 there will be upwards of four billion mobile handsets worldwide. Findings indicate that an increasing number of units purchased globally will have GPS and positioning capability. GTX Corp (GTXO.OB) is in the midst of implementing an accelerated plan to capitalize…

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