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FridayMay 16, 2008 1:04 pm

China Biopharmaceuticals Holding Inc. (CHBP.OB) Posts 78 Percent Increase in Q1 Revenue

China Biopharmaceuticals Holding Inc. (OTCBB: CHBP) focuses on the discovery, development, manufacturing and marketing of pharmaceutical products in the People’s Republic of China. Today the company announced its first quarter results for the period ended March 31, 2008. China Biopharmaceuticals posted first quarter revenue at $10.9 million, up 78 percent from $6.1 million last year. The company attributes the increase to the rise in price and sales of its raw material drugs at its main manufacturing plant, Erye; the revamped medical insurance system in China, promoting Erye’s drugs; and the increased price of freeze-dried drugs. Net income was $492,076 for…

FridayMay 16, 2008 1:02 pm

Celsius Holdings, Inc. (CSUH.OB) Announces Partnership with Griffin Beverage Company

Celsius Holdings, Inc. (OTCBB: CSUH) announced a partnership with distributor Griffin Beverage Company. The calorie burning, metabolism-raising drink is currently being distributed in the state of Michigan. Griffin Beverage is a distributor of a variety of products, from alcohol beverages to soda and chips. Celsius reported on 4/30/08 that current gross profit had risen 121 percent over the same time period last year. Mr. Stephen C. Haley, chairman and CEO said, "We were able to more than double revenue this quarter over first quarter, last year, but we expect much more of ourselves. We consider this 'solid revenue,' as there…

FridayMay 16, 2008 1:01 pm

Panglobal Brands, Inc. (PNGB.OB) Appoints New CFO

Panglobal Brands focuses on selling branded apparel through specialty retailers and department store chains. Current brands include Mynk, a high-end denim product line that can be found at Saks 5th Avenue; Nela, a contemporary dress label; and So Sik, a junior fashions brand. In a press release this morning, Panglobal Brands announced the appointment of Charles Lesser to the post of Chief Financial Officer. From 2003 to 2007, Mr. Lesser acted as CFO and consultant to Religion Apparel, Inc. and its wholly-owned subsidiary, Guru Denim Inc, guiding Religion Apparel from a mere start-up venture to a solid company with $140…

FridayMay 16, 2008 12:32 pm

Sanguine Corporation, Inc. (SGNC.OB) – Working to Revive a Lost Medical Product

Based in Pasadena, CA, Sanguine Corporation develops and markets medical products derived from chemical compounds known as perfluorocarbons (PFCs). More specifically, the company develops a PFC emulsion, Fluosol, which is the only artificial "blood substitute" approved by the FDA to date for medical purposes. Developed in part by Dr. Thomas Drees, current CEO of Sanguine, Fluosol serves as an excellent dissolving medium for oxygen. Due to difficulties with maintaining the environment in which the emulsion is stored, widespread use of the original compound was discontinued in the early nineties. Sanguine uses a second generation adaptation of Fluosol to produce PHER…

FridayMay 16, 2008 12:27 pm

Teknik Digital Arts Inc. (TKNK.OB) is Making Exercise More Fun than Ever

Teknik Digital Arts is revolutionizing the world of exercise with their new physically interactive video game controllers. Americans have been going crazy over the recent release of the Nintendo Wii because it has the ability to make everyone become physically involved in entertainment. Groups ranging from senior citizens to elementary schoolers can get off the sofa and move while having fun. Teknik Digital Arts is taking this concept to the next level by creating an interactive video game controller specifically meant to improve the physical fitness and well-being of the player. The XR Station is Teknik Digital Art’s new game…

FridayMay 16, 2008 11:40 am

New Market China, Inc. (NMCH.OB) – CEO Reiterates Expected 25% Sales Growth in 2008

In a webcast yesterday, John T. Verges, CEO of NewMarket China, Inc. repeated that he expects a 25% sales increase for the company in 2008. Based on business currently in place, he forecasts sales of $50M in 2008, up from $40M in 2007. Verges also stated that the company is working hard to obtain additional business, and that he could change his revenue projection later in the year. He said that additional business could result either from acquisition or from obtaining new business in Latin America. NewMarket China, Inc has two main business segments: 1. It provides technology and telecommunication…

FridayMay 16, 2008 9:43 am

HotOtc Featured Company: Domestic Energy Corp. (DMEC.PK) Purchases 90 Gas Wells with Cash and Stock

With the exception of oil refineries not being able to pass along costs as quickly as oil prices are rising, the energy complex is having a field day in today’s commodities marketplace. Prices continue to rise as pundits wonder just how high they can go. Unlike oil, however, gas is a commodity that has a solid foundation. If a home uses gas to heat or cook, its owners are stuck with paying what the market dictates. This may be true with home heating oil as well, but unlike gasoline, homeowners cannot simply decide to use less; a certain amount of…

FridayMay 16, 2008 9:17 am

InnerWireless Gets $9.5 Million Boost

Silicon Valley Bank has provided $9.5 million in debt financing to InnerWireless, Inc., a provider of in-building enterprise converged wireless solutions. The company plans to use the financing to fuel its growth and meet increasing market demands. Silicon Valley Bank is a member of SVB Financial Group (SIVB). InnerWireless helps businesses from Fortune 500 companies to health care and hospitality maximize the power of their wireless investments, regardless of the technology. "Horizon" from InnerWireless makes it possible to unify virtually all wireless services onto one comprehensive and specifically engineered platform and guarantee wireless coverage for mission- and life-critical applications. InnerWireless'…

FridayMay 16, 2008 8:58 am

Gemini Explorations, Inc. (GXPI.OB) Estimates Costs to Move Forward Strategically

Gemini Exploration (GXPI.OB) is a mining exploration and development company focused on acquiring, developing, and maximizing natural resource properties. The company is currently working on two mining properties in Colombia, South America, which have underdeveloped gold mines. Gemini has an 80 percent share in La Tapata, located in Colombia’s El Bagre-Zargosa mining district. The property has a low percentage of gold resulting from the out-of-date equipment currently at the location. Gemini has prepared estimates on costs related to maximizing the property. The initial estimates total just above $1.9 million. The outlay to modernize the facility would make the difference between…

FridayMay 16, 2008 8:52 am

myPhotopipe.com, Inc. (MPPC.PK) Reports 1st QTR Operating Results

myPhotopipe.com, a web-based online provider of digital photo processing and related services, has released its operating results for the first quarter of 2008. According to the results, revenue for the three months ending March 31, 2008 rose 26% to $366,329, compared with revenues of $289,869 in the first quarter of 2007. The company’s gross profits also increased 42% to $270,373 (73.8% of revenues), compared to $189,864 (65.5% of revenues) in the first quarter of 2007. However the company reported a net loss of ($73,705) in the most recent quarter, versus a net loss of ($15,753) in the three months ended…

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