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ThursdaySep 18, 2008 6:01 am

Dutton Associates Featured Company: Gastar Exploration, Ltd. (GST)

Gastar Exploration Ltd. (AMEX: GST) is an independent energy company engaged in the exploration, development, and production of natural gas and oil in the United States and Australia. The company focuses their efforts on identifying, acquiring, and exploring possible natural gas and oil properties that show the potential to produce significant product. Their emphasis rests on prospective deep structures identified through seismic and other analytical techniques, as well as unconventional natural gas reserves, such as coal bed methane (CBM). The company's primary coal bed methane properties are found in the Powder River Basin in Wyoming and Montana, and in the…

ThursdaySep 18, 2008 5:58 am

Dutton Associates Featured Company: Fushi Copperweld, Inc. (FSIN)

Fushi Copperweld, Inc. (NASDAQ: FSIN), through their wholly owned subsidiaries, manufactures bimetallic composite wire products, primarily focusing on copper-clad aluminum and copper-clad steel wires. Fushi has established itself as the largest domestic manufacturer and supplier of bimetallic composite products in the People's Republic of China. The company's two subsidiaries, Fushi Internatioanl (Dalian) and Copperweld Bimetallics, LLC, allow them to conduct business operations around the world and enter richer markets. Copper-clad aluminum (CCA) is the company's core product, which combines the conductivity and corrosion resistance of copper with the light weight and relatively low cost of aluminum. It has proven to…

ThursdaySep 18, 2008 5:47 am

MyECheck Inc. (MYEC.OB) Signs On NetCarats as a Client

MyECheck, Inc. announced this morning that NetCarats has signed on as one of their newest clients and will be provided with their comprehensive suite of electronic check processing services through a partnership with CardinalCommerce Corporation. The agreement will allow consumers to use their checking accounts as an additional form of online payment when purchasing from the site. MyECheck’s unique patented software goes even beyond ACH, having the ability to debit every U.S. checking account; even those ACH isn’t able to access. NetCarats is focused on providing their customers with superior service, premium quality and exceptional value. It is their belief…

ThursdaySep 18, 2008 4:01 am

China Sky Medical Inc. (CSKI): Traditional Chinese Medicine, Untraditional Profits?

China Sky Medical (CSKI) is a maker and distributor of over-the-counter nutritional supplements and herb-based pharmaceutical and medicinal products, primarily in China. The company's products fall into the genre of Traditional Chinese Medicine (TCM), a medical science that has been practiced in China for 5,000 years and is still wildly popular today. China's multi-billion dollar pharmaceutical market is predicted to grow at a double-digit rate over the next several years and TCM is expected to have a 20-percent share of the burgeoning market. China Sky Medical's products include the sumei slim patch to foster weight loss and prevent weight gain;…

ThursdaySep 18, 2008 3:59 am

Quest Resource Corp. (QRCP) Announces Termination of CFO and Status of Internal Investigation

Quest Resource Corporation (NASDAQ: QRCP), Quest Energy Partners, L.P. (NASDAQ: QELP), and Quest Midstream Partners, L.P., developers of natural gas and oil properties, recently announced the termination of the companies' chief financial officer and the status of their internal investigation into certain questionable transfers of funds to an entity controlled by the former chairman and chief executive officer of the companies. On September 13, 2008, the boards of Quest Resource and the general partners of Quest Energy Partners and Quest Midstream Partners terminated Mr. David Grose as the chief financial officer of the companies, effective immediately. On August 25, 2008,…

ThursdaySep 18, 2008 3:57 am

Optical Cable Corp. (OCCF) Comments on Third Quarter Financial Results

Optical Cable Corporation (NASD: OCCF), a manufacturer and marketer of a broad range of fiber optic cables for high-bandwidth transmission of data, video and audio communications over moderate distances, recently announced its financial results from the third fiscal quarter and the nine months ended July 31, 2008. The company’s shares declined earlier this week after Optical Cable released that third quarter of fiscal year 2008 net income decreased to $482,000, or $0.08 per basic and diluted share, compared to $538,000, or $0.09 per basic and diluted share, for the same period last year. Net sales for the third quarter of…

ThursdaySep 18, 2008 3:56 am

NetSol Technologies Inc. (NTWK) Reports Record Fourth Quarter Results

NetSol Technologies Inc. (NTWK), a global provider of business services and enterprise software solutions, reported fourth quarter and full-year 2008 financial results this morning. Quarterly revenues rose 23% year-over-year and 16% sequentially to a record $10.5 million. Net income increased 58% to $2.1 million, or 8 cents per share, vs. $1.3 million, or 7 cents per share, for the same period a year ago. Outstanding share count increased from 19.8 million to 27.3 million shares during the twelve-month span. Results were exactly in line with analysts’ estimates. For the full year, revenues increased 25% over 2007 to $36.6 million. Net…

WednesdaySep 17, 2008 8:14 pm

Znomics Inc. (ZNOM.OB): Using a Fish to Discover the Next Blockbuster Drug

Znomics is an early stage biotechnology company focused on the discovery of new drugs to treat and cure human diseases and disorders. What makes Znomics unique is the method by which it searches for the next big cure or treatment. The eight-year old company uses zebrafish to identify potential therapeutics for humans. It turns out that the small striped fish shares 80 to 90 percent of the genes found in man. The company's drug discovery platform is based on its catalogued library of mutations in the zebrafish, called the ZeneMark Library. The benefits of using zebrafish for medical research are…

WednesdaySep 17, 2008 8:10 pm

Online Marketing Group, Lyris, Inc. (LYRI.OB) Releases Its 4th Quarter Results

Lyris, Inc. (OTCBB:LYRI), an online marketing company, this week reported steady revenue of $10.8 million for its 4th quarter, ending June 30, 2008. This amount is the exact same as that reported 12 months ago by the company. The revenue breakout includes Web and storage hosting, 73%; licensed software, 11%; maintenance and support, 13%; and professional services, 3%. For the full fiscal 2008 year, the company reported revenues of $43.2 million compared with revenues of $39.0 million in fiscal 2007. However, Lyris' EBITDA for the fourth quarter of fiscal 2008 was a loss of $478,000 versus earnings of $3.0 million…

WednesdaySep 17, 2008 8:08 pm

Millennium Biotechnologies Group (MBTG.OB) Gets ‘All-Star’ Beverage Expert, Ken Sadowsky, on Its Board

Millennium Biotechnologies Group, Inc, (OTCBB: MBTG) announced that renowned non-alcoholic beverage industry veteran Ken Sadowsky has joined its board of directors. Sadowsky was also a principal in Atlas Distributing of Auburn, Mass. for many years, where he made his name in the industry. Sadowsky served on the board of directors of Energy Brands, Inc., makers of Glaceau, VitaminWater, SmartWater and FruitWater, from 2000 to 2006. Glaceau was later was sold to Coca Cola for $4.1 billion. He is currently the executive director of NIDA, an association of independent distributors from Maine to New Jersey. This group is different from the…

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