Blog - Page 4124 of 5675

ThursdayJul 23, 2009 9:25 am

First Resource Bank (FRSB.OB) Gets Hit By FDIC Assessment

First Resource Bank reported a net loss of $32,000 in its second quarter of 2009 earnings report, compared to net profit of $23,000 in the same quarter of 2008. The bank said that the loss was caused by a special assessment imposed by the Federal Deposit Insurance Corporation (FDIC) related to deposit insurance. The assessment totaled $55,000 in the quarter. The bank has a $100 million loan portfolio that is concentrated in four areas - commercial real estate, commercial construction, commercial business and consumer loans. Fifty four percent of its loans are in the commercial real estate area, and 22%…

ThursdayJul 23, 2009 9:21 am

Recon with AGR Diamond Tools (LBUV.OB)

Lean back in your chair for a moment and think why we get so involved with the world’s activities regarding the market. You can probably count several reasons that we all share in one form or another. One reason for this writer is being provided with information that can move the earth like New Zealand just did. Jumping at something and profiting by the time everyone else catches on is the art of successful investing. So in this crazy life of the market, in order for things to be manufactured, there has to be tools to make the items available…

ThursdayJul 23, 2009 9:17 am

Dana Resources (DANR.OB) Acquires Additional Base Metals Project

Dana Resources, a precious and base metals exploration company with offices in the United States and Peru, recently announced the acquisition of the Locroja copper-lead-zinc project, a copper porphyry prospect covering 494 acres located in Southern Peru in the region of Huancavelica in the province of Huaytara. Easily accessible via the Pan American South Highway, the geology of this project consists of volcanic and intrusive rocks, which present a polymetallic occurrence of silver, lead and zinc. Peru is one of the highest producing countries of precious and base metals in Latin America, holding approximately 16 percent of the world's known…

ThursdayJul 23, 2009 7:33 am

Globes Interview with Suspect Detection Systems, Inc. (SDSS.OB)

You look for suspicious responses, but people are different from one another. Maybe a suspect is mentally disturbed, or merely weird? Maybe his response will be different from that of other people of his nationality, because his parents were immigrants? "In such a case, we 'll see a very different response from that of other people of his nationality, but we won 't see an exceptional response to the special words. His responses to all the words will be equally odd." Can a terrorist develop a response to beat the system? "Terrorists don’t know our special words, which we constantly…

WednesdayJul 22, 2009 1:19 pm

Axial Vector Energy Corp. (AXVC.PK) Announces Global Operations LLC as Advisor

Axial Vector Energy Corporation recently announced that Global Operations LLC will begin serving as an advisor and will also be positioned to provide strategic planning and financial access to investors. Axial Vector Energy Corporation, a publicly-traded global solutions provider who owns, develops and licenses advanced internal combustion engine and power generator technologies, is excited to work with Global Operations on forthcoming projects. AVEC focuses on applying technology to develop new, smaller and lighter internal combustion engines that produces significantly greater horsepower on less fuel than conventional engines of similar size. The Axial Vector engines design will comfortably meet the challenges…

WednesdayJul 22, 2009 1:16 pm

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Leveraging Their Research into Spider Silk

Kraig Biocraft Laboratories Inc. is a biotechnology development company focused on genetically engineered high performance polymers and technical fibers. The company is currently working on research to genetically coax silkworms into producing spider silk. Kraig Biocraft believes that spider silk is a “super fiber” that will have numerous commercial and consumer applications. The overall marketplace for these types of fibers in general is approximated to be $90 billion. According to Emerging Growth Research, an independent industry research firm, if Kraig Biocraft is successful is achieving its goal and producing a spider silk fiber product, “the technology will likely immediately be…

WednesdayJul 22, 2009 1:07 pm

Boeing Co. (BA) Posts Better-than-Expected Earnings; Revised 787 Jetliner Schedule Planned for Q3

After sliding 11 cents in today’s early session, shares of Boeing Co. (NYSE: BA) climbed 20 cents mid-day after the company announced that its second-quarter earnings rose 17 percent over its 2008 second-quarter results, beating Wall Street expectations. Boeing posted earnings of $998 million, or $1.41 per share, for the period ended June 30, up from $852 million, or $1.16 per share, for the second quarter of 2008. Earnings for the second-largest commercial plane maker include a charge of 22 cents per share for a late delivery of military aircraft. Revenue increased 1 percent to $17.15 billion, up from $16.96…

WednesdayJul 22, 2009 12:55 pm

Access Pharmaceutical, Inc. (ACCP.OB) Scheduled to Present at Jessup & Lamont 2009 Growth Stock Conference

Access Pharmaceutical, Inc. announced today that Jeffrey B. Davis, President & CEO of the company, will be presenting at the Jessup & Lamont 2009 Growth Stock Conference organized by the LifeTech Capital Group on Thursday, July 30, 2009 at 10:45 am EDT. The presentation will be held at the Waldorf Astoria Boca Beach Club in Boca Raton, Florida. Mr. Davis commented, “We are pleased to have the opportunity to present Access Pharmaceuticals to the large group of institutional and retail investors that attend Jessup's annual growth stock conference. The conference provides a forum for Access to highlight in many product…

WednesdayJul 22, 2009 12:31 pm

SpongeTech Delivery Systems, Inc. (SPNG.OB) Amps Stock Buyback Program to 150 Million Shares

SpongeTech Delivery Systems, Inc. announced earlier today that its Board of Directors has authorized a 50 million share increase in its stock repurchase program to a maximum of 150 million common shares. As of February 28, 2009, the company has already repurchased 55,824,336 shares of common stock at an average price per share of $0.0308. According to the press release, repurchased stock would be returned to SpongeTech’s treasury; thereby reducing the company’s overall market cap as well as the trading float. Both the Management and the Board of Directors feel strongly about the company and its growth prospects, and believe…

WednesdayJul 22, 2009 12:22 pm

Ecosphere Technologies, Inc. (ESPH.OB) Announces $10 Million Investment

Ecosphere Technologies, Inc., a diversified water engineering and services company, announced this morning that its oil and gas environmental services subsidiary, Ecosphere Energy Services, LLC (EES), closed its agreements with Bledsoe Capital Group who now owns 33% of the subsidiary. Drew Bledsoe, principal of Bledsoe Capital, stated, "Our goal was to find a 'green' technology to invest in that would make a major difference for present and future generations. EES has recently signed master service agreements with some of the most respected energy producers in the world. This is a testament to just how much of a game changing technology…

Site Search

Company Search