Blog - Page 4066 of 5626

FridayJul 31, 2009 2:21 pm

General Employment Enterprises Inc. (JOB) Suffering From Deep Recession

General Employment Enterprises Inc. announced its third fiscal quarter earnings results reporting a net loss of $2.295 million, or $0.44 per share, and consolidated net revenues of $2.52 million. These results were down sharply from the same quarter in 2008. The company is in the midst of a strategic restructuring, and recorded a non-cash charge of $1.475 million in the quarter as part of this restructuring. Ronald E. Heineman, the CEO said, "This strategic restructuring will provide us with a stable platform for future growth.” General Employment Enterprises Inc. is impacted greatly by the trends in national employment, and has…

FridayJul 31, 2009 2:15 pm

Entech Solar, Inc. (ENSL.OB) Announces Noteworthy Progress

Entech Solar, Inc. announced that the company has made noteworthy progress for their solar and skylight products. Recently, Entech suspended manufacturing operations for previous generation solar systems, but has made developmental progress for their next generation products. The company has completed the initial design phase for their ThermaVolt II product, including the construction and operation of a prototype. This product was able to successfully produce both electric and thermal energy. Dr. Frank W. Smith, Entech Solar’s Chief Executive Officer, stated, “ThermaVolt II’s combined output of electricity and thermal energy produces four to five times the amount of energy compared to…

FridayJul 31, 2009 2:05 pm

Solanex Management, Inc. (SLNX.OB) Offers Unique Oilfield Tools

Solanex Management Inc., a Nevada company specializing in the application of steam technologies, offers a unique way to help the industry and the environment. The company has obtained the right to manufacture, market, and sell what is called the Thermal Destructor, a self-contained, mobile system for the cleaning of sites, such as abandoned oil well sites, contaminated with hydrocarbons. The product consists of a high-efficiency combustion chamber, together with an advanced air scrubbing system that effectively breaks down all hydrocarbon residues by combusting them, returning sterile, cleaned soil and clay back to the environment. Solanex provides the technology for site…

FridayJul 31, 2009 1:58 pm

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Aims to Turn Spider Silk into a Commercially Available ‘Super Fiber’

Kraig Biocraft Laboratories Inc. is a biotechnology company using state-of-the-art genetic techniques to develop transgenic silkworms capable of producing spider silk. The company believes that because of spider silk's characteristics, it has the potential to become a 'super-fiber' with many commercial applications. Spider silk is among the strongest fibers produced in nature. The silk has several properties that are unmatched by man-made fibers. One property is spider silk's capacity to absorb energy and to dissipate this energy in a controlled manner. This property makes spider silk especially attractive for applications where energy absorption is a key design factor such as…

FridayJul 31, 2009 1:51 pm

Sector 10, Inc. (SECI.OB) Offers Cutting-Edge Stationary Emergency Response Units

Sector 10 Inc. is a company which is reshaping the emergency response industry. It is the only emergency response systems company that is so strongly emphasizing using onsite pre-deployed resources as a way to reduce liability, avert injuries and save lives. One of Sector 10's primary products is the stationary response unit. This stationary response center contains the essential equipment needed for disasters and crisis situations. Some of the company's stationary response unit features include: chemical and biological masks, iodine tablets, eye wash system, first aid supply packs, cameras, computer and communication features. Sector 10 is integrating a new media…

FridayJul 31, 2009 10:52 am

Semiconductor Industry Survival

The financial downturn and global recession has hit the semiconductor industry hard. Orders for microchips were almost non-existent at the end of 2008 as computers and mobile phones languished unsold on retailers' shelves. According to the Semiconductor Industry Association, global semiconductor sales fell 2.8 percent last year and are expected to fall a further 21.5 percent to $195.6 billion this year. The semiconductor industry is used to severe cycles. It has seen six significant cycles since the 1970s caused by recessions and oversupply. The last one, when the dotcom bubble burst in 2001, saw sales plunge 45 percent. But this…

FridayJul 31, 2009 9:12 am

Small Cap Voice Featured Company: Green Star Alternative Energy, Inc. (GSAE.PK)

Green Star Alternative Energy is an eco-energy company focused on changing the way energy is produced. The company recognizes that tomorrow’s bright future is dependent upon the appropriate actions of today. Green Star is developing projects worldwide to meet the need for clean, environmentally friendly methods of energy creation. Currently, the company’s business involves the creation of renewable electricity from the power of wind. This pollution-free and infinitely sustainable form of energy does not use fuel or produce greenhouse gasses. With more than $71 billion of new investment and an overall growth rate of 15%, the renewable energy sector has…

FridayJul 31, 2009 9:03 am

Small Cap Voice Featured Company: GeoBio Energy, Inc. (GBOE.PK)

GeoBio Energy, Inc., dba Plastics Conversion Technologies, Inc., is a recovery, cleaning, and plastics recycling company focused on constructing large scale, plastic recycling operations near automotive shredder locations nationwide to produce recycled commercial grade plastics. The company will use its patent pending and proprietary cleaning process to rehabilitate contaminated scrap plastics. The company’s wholly owned subsidiary, EnviroPlastics Group, was founded for the purpose of capitalizing on a growing market to supply recycled commercial plastics to industries such as automotive and consumer products manufacturers. Their plastic recovery process is highly cost effective and efficient, promising to reduce the amount of Shredder…

FridayJul 31, 2009 8:41 am

Premier Commercial Bancorp (PCBP.OB) Reports Earnings for Second Quarter and Year-to-Date

Premier Commercial Bancorp, parent company of Premier Commercial Bank, N.A., reported a sizable increase in consolidated earnings for the second quarter of this year. Earnings totaled $206,000, compared to $113,000 for the same period last year. For the six months ended June 30, 2009 earnings totaled $411,000 compared to $485,000 for the same period last year and $352,000 for 2007. Premier Commercial Bank Chairman and CEO Kenneth J. Cosgrove commented, “The financial results for the second quarter of 2009 are reflective of the continued challenges of the financial environment. At PCB, we have responded cautiously through prudent loan loss allocations…

FridayJul 31, 2009 8:28 am

Savoy Energy Corp. (SNVP.OB) to Upgrade Rozella Kifer Well’s Technology for Increase in Efficiency and Decrease in Costs

Yesterday after the closing bell, Savoy Energy Corp. announced that in the near future the company intends to upgrade the technology at its Rozella Kifer Well. The company has ordered a Jack Shaft Reducer that will be installed on the well. The installation is anticipated to increase efficiency by 25% while decreasing maintenance by 23-35%. The new technology is also expected to extend the life of the well's production. The Rozella Kifer Well is positioned on 193 acres of land in Gonzales County, Texas. Savoy Energy's lease has no expiration date as long as the company conducts operations without termination…

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