Blog - Page 4199 of 5669

ThursdayApr 09, 2009 7:56 am

Triangle Petroleum (TPLM.OB) Announces Improved Financial Results

Triangle Petroleum Corporation (TPLM.OB), a Canadian based petroleum exploration company currently focused on Canadian shale gas, today reported fourth quarter and fiscal year (ending January 31) financial and operational results. The numbers, given below in US dollars, show the company in an improved financial position, due largely to the successful payoff of all outstanding debt. Triangle managed to pay off $10 million in principal, and $2.2 million in interest, leaving the company with no outstanding debt. This final debt payoff represents a significant strengthening in the balance sheet from the previous year, and puts Triangle in a good position to…

ThursdayApr 09, 2009 7:54 am

GreenCheck Technology Inc. (GCHK.OB) Helps Locomotive Industry Keep Emissions within New Standards

GreenChek Technologies Inc. recently announced the addition of a new product to its solutions suite. The GreenChek engineering team has been able to take its base Emission Reduction Device (ERD) and configure a specific design for the locomotive industry. While negotiations with U.S. Rail companies are still underway, GreekChek has already scheduled the first installation of the locomotive ERD units in Europe. In March 2008, the Environmental Protection Agency passed a three-step program that would significantly reduce the emissions produced by diesel locomotives. Existing locomotives of all types, such as switch, line-haul, and passenger rail, will be included by the…

ThursdayApr 09, 2009 6:26 am

American TonerServ Corp. (ASVP.OB) Appoints Chad Solter as a Director of the Company

TonerServ Corp., a strategic consolidator in the printing supplies and services industry, announced that it has appointed Chad Solter as a member of its board of directors. Solter is the founder and president of iPrint Technologies, Inc., which was acquired by American TonerServ in October 2008. American TonerServ's board is now comprised of six members. "We are rapidly developing a sales-driven culture at ATS, which is Chad's forte," stated Chuck Mache, president and chief executive officer of American TonerServ. "While Industry know-how is integral to building a strong board of directors, Chad has proven his capabilities, growing revenues significantly for…

ThursdayApr 09, 2009 6:23 am

Compass Diversified Holdings (CODI) Announces First Quarter 2009 Dividend of $0.34 per Share

Compass Diversified Holdings, a leading acquirer and manager of middle market businesses, announced this morning that its Board of Directors declared a quarterly cash dividend of $0.34 per share. According to the press release, the distribution for the three months ended March 31, 2009 is payable on April 30, 2009 to all holders of record as of April 23, 2009. Joe Massoud, CEO of Compass Diversified Holdings, commented, "We are pleased to declare a first quarter distribution of $0.34 per share, increasing the cumulative distributions that we have announced since our IPO in May of 2006 to $3.6152 per share.…

ThursdayApr 09, 2009 6:20 am

Tri-Isthmus Group, Inc. (TISG.OB) Announces Approval to List on OTCBB

Tri-Isthmus Group, Inc., a provider of financial solutions to the healthcare industry, announced that it has received approval, effective immediately, for quotation on the Over the Counter Bulletin Board (OTCBB) under the same symbol TISG. TIGroup CEO and Chairman David Hirschhorn commented, "We are pleased with our move to the OTCBB from the Pink Sheets as we keep on building and expanding our underlying business platform. As our business grows, we continue monitoring our options for trading our shares on various exchanges and balancing the relative costs and benefits of each given the current capital market environment. It's a key…

ThursdayApr 09, 2009 6:10 am

Liquidmetal Technologies Inc. (LQMT.OB) Posts 25% Gross Margin, Reduction in Manufacturing Costs Sighted

There are some products and services that the world’s economy needs in order to operate. They are essentially ‘the food’ that makes the market “go.” These products are one of the safer havens that investors can rely on when economic times are difficult. This is not to suggest that these products do not suffer a bit in lean times, but they do fair a bit better or go down less in value then other discretionary products or services. An investor that can find these products or services is one that will have found a solid and relatively safe product category…

ThursdayApr 09, 2009 5:56 am

Energtek, Inc. (EGTK.OB) Recognizes the Many Benefits of Natural Gas

Energtek, Inc., a commercial distributor of natural gas to emerging markets using proprietary ANG (Adsorbed Natural Gas) technology, tailors its solutions to the growing market of 2- and 3-wheel vehicles in Asia, as well as the global Natural Gas Vehicle (NGV) market, and pipeless, domestic gas supply markets serving industrial and manufacturing sectors. There are many advantages to natural gas. First, it is more evenly distributed around the globe than oil and – with the constantly rising cost of oil (and, as a result, gasoline) – makes more sense than gasoline, both financially and in terms of resources. Second, natural…

ThursdayApr 09, 2009 5:15 am

The Wind Catchers

When I was young, sitting in the back seat of my parents old Buick, I would occasionally dangle my arm out the window, and let the passing wind teach me the only things I ever learned about aerodynamics. You can't do something like that without gaining an instant respect for air, considering how something completely invisible can still be incredibly powerful. Today I know that the power of natural wind is really the power of the sun, the perpetual struggle of our atmosphere to balance out the sun's uneven deposits. But inherent in that titanic wrestling match is, some would…

WednesdayApr 08, 2009 9:27 am

Universal Tracking Solutions, Inc. (UTRK.OB) Helps Protect Companies Against Unnecessary Expenses

Back in the 1950s, families were able to make a living with one income. Fathers would typically leave for a full day’s work while mothers would be taking care of their home and children. The 1970s ushered in the gradual shift towards both parents working. Our current economic situation has resulted in the need for at least five percent of all Americans to take on a second job. However, an issue occurs when people begin to take assets from their main employer for their own personal use or second job. This use results in more wear-and-tear on assets, which results…

WednesdayApr 08, 2009 9:23 am

Far East Energy Corp. (FEEC.OB) Announces Gas Production

Far East Energy Corp. is focused on exploring and developing some of the largest coal bed methane gas projects in China. The company is doing this through its agreements with ConocoPhillips (COP) and China United Coalbed Methane Company, Ltd. Coalbed methane, a form of natural gas, is a clean-burning fuel that China intends to use to supply part of its enormous domestic energy needs. Far East Energy announced today that it has achieved critical desorption pressure (CDP) in a portion of the 1H pilot area in its Shouyang Block in Shanxi Province, China. Gas production in this block has been…

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