Blog - Page 4193 of 5384

SaturdayAug 30, 2008 6:34 am

Electronic Tag Company Advanced ID Corp. (AIDO.OB) Set To Acquire China-based Radio Frequency Business

Without naming names, Advanced ID Corporation (OTCBB: AIDO) reports that it has signed a letter of intent to acquire a radio frequency identification (RFID) company, based in China. This falls in line with AIDO's current role as a developer of RFID for livestock and pet tracking and recovery, as well as tracking the supply chain of items such as tires. A company news release says the action allows AIDO to become "the only US public company with instant access to the Chinese domestic market for RFID products and services – the single largest in the world." The move is also…

SaturdayAug 30, 2008 6:32 am

ZAP (ZAAP) Considers Manufacturing Home in Kentucky Thanks To $68 Million in State-Provided Incentives

With labor and quality costs in China getting more expensive, ZAP (OTCBB: ZAAP) is looking at other places to build its line of electric vehicles. Kentucky has risen higher in consideration with the efforts of Integrity Manufacturing to help secure $68 million in state incentives for large-scale manufacturing. Preliminary approval for this package came Aug. 15 from the Kentucky Economic Development Finance Authority. Though less than two years old, Integrity's Louisville plant now builds items for HomeDepot, EMD and most recently signed a $10-million contract with Boston-based BioDefense Corp. to produce their MailDefender security device. ZAP has operated since 1994…

SaturdayAug 30, 2008 6:30 am

Sew Cal Logo, Inc. (SEWC.OB): Embroidering Profits?

Sew Cal Logo (SEWC) is a maker of embroidered caps, sports and other corporate identification items. The company operates primarily in the United States. Sew Cal Logo also provides contract embroidery and silk-screening services to the manufacturing and promotional industry; and designs and manufactures apparel under private labels. According to SEC filings, SewCal is quietly ramping up to launch a new line of surf and sportswear under the brand Pipeline Posse to be released by Pacific Sunwear Inc. and other retailers. SEC filings also noted that SewCal currently generates approximately $2 million in annual revenues and carries $250,000 cash on…

SaturdayAug 30, 2008 6:28 am

VeriChip Corp. (CHIP): Locating and Tracking Potential for Investors

VeriChip (CHIP) is a maker of radio frequency identification systems (RFID) used to identify, locate and track people across the United States and abroad. The company markets its products through direct sales force and distributors. Its customers include hospitals and long-term care facilities, and healthcare professionals such as physicians and individual patients. VeriChip's main competitors are Axcess International Inc. and closely-held Precision Dynamics Corporation. The company is a former unit of Applied Digital Solutions Inc. and was founded in 2002. Last month, VeriChip, based in Florida, sold its Canadian operations, known as Xmark Corporation, to engineering giant Stanley Works for…

SaturdayAug 30, 2008 6:25 am

Clearly Canadian Beverage Corp. (CCBEF.OB) Discusses Second Quarter Financial Results

Clearly Canadian Beverage Corp. (CCBEF.OB), a marketer of premium alternative beverages, including Clearly Canadian® sparkling flavored waters and Clearly Canadian dailyEnergy, dailyVitamin and dailyHydration Natural Enhanced Waters, recently reported the company’s second quarter financial results for the period ending June 30, 2008. Clearly Canadian reported quarterly revenues of $2.53 million compared to revenues totaling $3.0 million during the same period one-year earlier. The company’s net loss totaled $0.07 per share, compared to a loss of $0.25 per share during the second quarter of 2007. The company also announced an agreement with Cott Corporation, the largest private bottling group in the…

SaturdayAug 30, 2008 6:24 am

FuelCell Energy, Inc. (FCEL) Discusses Third Quarter Results and Opportunities for Growth

FuelCell Energy, Inc. (NASD: FCEL), the world leader in the development and production of stationary fuel cells for commercial, industrial, municipal and utility customers, recently reported the company’s financial results for its third fiscal quarter ended July 31, 2008. Shares of FuelCell Energy, whose ultra-clean and high efficiency DFC® fuel cells currently generate power at over 45 locations worldwide, declined late last week on the earnings announcement. The company reported a 106 percent increase in revenues to $27.9 million for the fiscal third quarter, compared to $13.5 million during the same period one-year earlier; however, FuelCell’s net loss totaled $26.8…

FridayAug 29, 2008 5:59 pm

SkyPostal Networks, Inc. (SKPN.OB) Recently Partnered with Deutsche Post’s DHL Global Mail

SkyPostal Networks, Inc. (OTCBB: SKPN) signed a partnership with Deutsche Post's DHL Global Mail in order to expand its mail courier services overseas and into much of Europe. Having already established itself as a premier mail delivery service in the Latin American-Caribbean (LAC) region, teaming with Deutsche Post's DHL Global Mail further enhances company value and will result in an increase in revenue. The strategic agreement demonstrates SkyPostal's desire to continue to expand revenues and earnings by maximizing capacity and output to meet the demand for door-to-door reliable international mail service. It is estimated that 12% of international mail coming…

FridayAug 29, 2008 5:51 pm

Asta Funding, Inc. (ASTI) – A Leader in Asset Management

Asta Funding is a consumer receivable asset management company that purchases, manages, and eventually liquidates both performing and non-performing consumer receivables. These receivables include credit accounts issued by large grantors (i.e. Visa, Mastercard), as well as banks, telecom accounts and other consumer loans. The non-conforming consumer receivable market is growing all the time, as consumer debt increases during this state of relative economic unrest. While originating credit institutions have traditionally preferred to keep recovery efforts in-house, more and more lenders are beginning to sell their charged-off receivables for immediate funding. Since 1999, Asta has purchased nearly $18 billion in charged-off…

FridayAug 29, 2008 5:50 pm

Life Partners Holdings, Inc. (LPHI) – Dedicated to Helping People in Times of Need

Since 1991, Life Partners Holdings, Inc. has worked to become one of the top life settlement agencies in the country. The company prides itself on a stringently upheld code of ethics, which sets it apart in a business which historically has been known to take advantage of the disenfranchised. When people are faced with the decision to sell their life insurance policies, their lives may already be in a state of upheaval. That's why Life Partners assigns each client his or her own transaction coordinator. This individual acts as a guide through the entire (sometimes confusing) process, to ensure that…

FridayAug 29, 2008 12:56 pm

Shares of Linktone Ltd. (LTON) Pop 20% on Strength of Q2 Results

Linktone Ltd. (LTON), a provider of wireless interactive entertainment and advertising in China, reported second quarter 2008 financial results yesterday afternoon. Investors cheered the news by sending LTON shares 20% higher today, or $0.30, to close at $1.80 on five times normal trading volume. Revenues for the second quarter rose 63% year-over-year to $19.1 million. On a sequential basis, revenues fell 7% from $20.5 million in the first quarter. GAAP net loss swelled to $10.6 million, or 26 cents per ADS, compared to a net loss of $3.2 million, or 13 cents per ADS, for the same period in 2007.…

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