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TuesdaySep 08, 2009 3:21 pm

September 8th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACTC, CUR,CVM, ENZ, FMTI, ICLK, IMUC, IWEB, MBCI, OMCM, ONEZ, ORMP, SIHI, SRCO, SVUL With bullish investor sentiment reaching levels not seen since just before previous market corrections, the rally, which is approaching six months, took a break last week. All of the major indices posted losses, with the Dow falling 102 points, or 1.1%, leaving it up 7.6% for the year. Each of the other indices followed suit, with the Nasdaq declining 10 points, or 0.5%, but still up 28%, the S&P 500 falling nearly 13 points, good for a…

TuesdaySep 08, 2009 12:54 pm

China Energy Recovery Inc. (CGYV.OB) Awarded $4.47 Million Contract to Construct Sulfuric Acid Plant with Waste Heat Recovery System in China

Energy recovery is a process in which wasted energy is captured and converted into heat energy or electricity, which ultimately lowers heat pollution and captures harmful pollutants before they enter the atmosphere. China Energy Recovery Inc. designs, manufactures and installs such waste heat energy recovery systems, primarily targeting the Chinese market, where industrial facilities release high amounts of excess heat into the atmosphere. The company today announced it has been chosen to construct a sulfuric acid plant equipped with a waste heat recovery system for Tianjin Qinfa Chemical, a subsidiary of chemical producer Tianjin Bohai Chemical Group, one of the…

TuesdaySep 08, 2009 11:20 am

China Agritech, Inc. (CTEC.OB) Expands Sales Contract with China’s Largest Fertilizer Distributor

China Agritech Inc. is a young and growing company that has been gaining national recognition as a leading national liquid and granular organic compound fertilizer manufacturer and distributor in China. The young company reached a major milestone today with the announcement that they have expanded a sales and distribution partnership with Sinochem Fertilizer Company Ltd. for the company’s “Green Vitality” granular fertilizer products. This pivotal contract, which will run through 2010, will supply 15,000 tons of Green Vitality granular fertilizer and is worth an estimated value of $6.4 million. China Agritech’s “Green Vitality” compound granular fertilizer products are a premium…

TuesdaySep 08, 2009 11:16 am

Cavico Corp. (CAVO.OB) Finishes Construction on Hydropower Plant

Today, Cavico Corp., a leading infrastructure development company, announced that its wholly owned subsidiary, Cavico Hydropower Construction JSC, has completed the construction of the Dasiat Hydropower Plant. The subsidiary has begun the process of transferring the project over to Southern Hydropower Joint Stock Company, the project’s owner. Cavico Hydropower started this $4.6 million construction project in July 2006. It supplied equipment for waterways including surge tanks, intakes, the headrace tunnel, and other construction related work, including the creation of a 1.44-mile headrace tunnel. The tunnel is considered to be the narrowest tunnel in Vietnam. The new hydropower plant has been…

TuesdaySep 08, 2009 9:39 am

L&L International Holdings Inc. (LLFH.OB) to Establish New Subsidiary in GuangZhou City

L&L International Holdings Inc. is headquartered in the United States, but is in the coal business in China. The company is currently operating two profitable coal mines, two clean coal washing facilities, and a wholesale network in the coal-rich Yunnan province in China. The company is attempting to take advantage of a strong coal market in China. Coal prices have risen sharply in China this year as the government has cracked down on illegal and polluting mines, closing many of them. The closure of these mines has led to decreased supplies of coal and increasing prices for the remaining producers.…

TuesdaySep 08, 2009 9:05 am

General Environmental Management, Inc. (GEVI.OB) – A Leader in Cleaning Brownfield Sites

General Environmental Management Inc. is an integrated environmental services firm which provides enviroconstruction services, transportation, on-site field services and off-site treatment for both hazardous and non-hazardous materials for a variety of public and private entities. One of the sectors that General Environmental provides services is in the area of enviroconstruction and brownfield support services. The company can “recycle” brownfield properties with environmental liabilities and turn them into useful real estate assets again. Construction activities that are to be carried out in areas with contaminated soils or in areas with industrial facilities where hazardous materials were used are extremely tricky. Working…

TuesdaySep 08, 2009 9:01 am

ChromoCure, Inc. (KKUR.PK) Announces Co-Development Agreement for Nationwide Distribution of New CS300 Cancer Scanner Series

ChromoCure, Inc., a developer and provider of proprietary cancer detection systems, recently announced a co-development agreement with the company’s primary cell preparation and application technology supplier. Under the terms of the agreement, ChromoCure will co-develop a fully integrated chromosomal scanner system for nationwide distribution to pathology and related cancer detection labs. ChromoCure will collaborate with companies and joint technical research and development efforts to complete a fully automated hybridization system allowing for a complete chromosomal scanning solution. The CS300 system has the ability to perform a full 23-pair chromosomal cross-sectioning for every cell within a sample, while integrating solid tumor…

TuesdaySep 08, 2009 8:41 am

eDOORWAYS Corp. (EDWY.PK) Provides Additional Details Regarding Pre-Launch Event

eDOORWAYS Corporation announced at the end of last week its soft launch "pre-launch" party. "Although this will be a 'soft launch' of just one doorway of the innovative web platform, it's a very exciting time nonetheless," stated Mr. Gary Kimmons, Chairman and CEO of the eDOORWAYS Corporation. The celebration will give the people of Austin and eDOORWAYS' shareholders an opportunity to experience the baseline functionality of the pioneering Internet platform from a perspective that will not initially be available online come October 2nd. In the press release, the company reminded investors that a significant portion of the eDOORWAYS platform, including…

TuesdaySep 08, 2009 8:28 am

Solarfun Power Holdings Co., Ltd. (SOLF) Announces LOI for PV Projects of 600MW

Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary, has signed a letter of intent (LOI) with the government of Hohhot City to develop two solar projects with a combined capacity of 600MW. Vice Mayor of Hohhot City, Wu Wenyuan, stated, "Hohhot City has a number of advantages in developing PV projects, including abundant sunshine and national support. After discussing with and inspecting a number of major PV manufactures in China, we selected Solarfun as a major supplier…

TuesdaySep 08, 2009 8:23 am

Jiangbo Pharmaceuticals, Inc. (JGBO.OB) Remains Confident in Previously Issued Guidance for Fiscal 2009

Today, Jiangbo Pharmaceuticals, Inc., a U.S. pharmaceutical company with its primary operations in China, reaffirmed its previously announced guidance for fiscal year 2009. According to the press release, the company anticipates meeting or exceeding its goals of $111 to $116 million in revenue and operating income of $40 to $43 million for the fiscal year ending June 30, 2009. "We plan to report our annual results for the fiscal year 2009 by the end of this month and are pleased to reaffirm we are on track to achieve our financial goals," stated Mr. Wubo Cao, Chief Executive Officer of Jiangbo.…

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