Blog - Page 4384 of 5592

TuesdaySep 09, 2008 4:02 am

JayHawk Energy Inc. (JYHW.OB): Searching for Resources to Help Solve America’s Energy Woes

JayHawk Energy (JYHW) is a development stage crude oil and natural gas company primarily exploring for the aforementioned resources in Colorado, Kansas and the surrounding areas. JayHawk owns interest in the Uniontown project covering 35,000 gross acres of non-producing coalbed methane natural gas reserves located in Bourbon County, Kansas. The company also shares 12 miles of common boundary with natural gas giant, Devon Energy, in Kansas. The land shared with Devon is roughly equivalent to 35,000 acres and is estimated to have as much as 78 billion cubic feet of natural gas. Devon, the largest independent gas producer in the…

TuesdaySep 09, 2008 4:00 am

MyECheck Inc. (MYEC.OB) Provides a Viable Online Alternative to Credit Cards for e-Commerce

MyECheck Inc. (MYEC.OB), a leading electronic transaction processor that provides alternative payment solutions to expensive credit card charges, provides a safe and viable alternative payment solution to credit cards for online commerce. Founded in 2004, MyECheck utilizes a patent-pending method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and convenient payments. The company’s proprietary Check 21 solution creates a fast, safe and cost-effective means of processing online electronic payments. MyECheck continues to enhance its functionality and has been actively launching new services, including Remote Deposit Capture and POS solutions. MyECheck provides a full suite of comprehensive…

TuesdaySep 09, 2008 3:58 am

Smith & Wesson Holding Corporation (SWHC) Announces First Quarter Financial Results; CEO Discusses Growth in Key Segments

Smith & Wesson Holding Corporation (NASD: SWHC), the manufacturer of handguns, law enforcement products, and firearm safety and security products, recently announced its financial results from the fiscal first quarter ended July 31, 2008. Shares opened lower late last week after the company reported quarterly net income of $2.3 million, or $0.05 per fully diluted share, compared with $4.7 million, or $0.11 per fully diluted share, for the comparable period in 2007. Smith & Wesson’s president and chief executive officer, Michael F. Golden, commented on the company’s key growth segments during a conference call last week stating, “During the first…

TuesdaySep 09, 2008 3:57 am

Solar EnerTech Corp. (SOEN.OB) Buys 7.8% Stake in Silicon Company and Finalizes Supply Accord

Solar EnerTech Corp (OTCBB: SOEN) announced an equity purchase agreement with 21-Century Silicon, Inc, a privately-held Dallas-based polysilicon manufacturer. The company bought two million common stock shares for $1 million, with a provision to buy two million more if the first polysilicon that 21-Century ships meets quality specifications of the Shanghai-based Solar EnerTech. The first material polysilicon shipment is expected in the spring of 2009. A second, following element of the purchase agreement is a memorandum of understanding for a four-year deal to supply polysilicon for solar cells. 21-Century Silicon seeks the ability to manufacture solar-grade polysilicon at a lower…

TuesdaySep 09, 2008 3:56 am

Addiction Center Owned and Operated by Forterus, Inc. (FTER.OB) Poised For Expansion

Forterus Inc. (OTCBB: FTER) announced that its A Better Tomorrow Treatment Center in Murrieta, Calif, is filled to capacity. As a result, the drug, alcohol and gambling treatment center will soon add more beds and space. Forterus acquired A Better Tomorrow in August and was soon able to report record second quarter revenues of $1,265,262, or a 39-percent increase over the same quarter in 2007. That translated into a net income of $188,000, a slight increase from the year before. "We are very pleased with the strength of A Better Tomorrow's financial performance," said Paul Howarth, Forterus CEO. "The owners…

TuesdaySep 09, 2008 3:54 am

Pocketfinder by Location Based Technologies (LBAS) Set To Go Into Mass Production

Location Based Technologies (OTCBB: LBAS) should be in the middle of mass production runs of its PocketFinder by the end of the year, the company announced. Initial pilot production has started at Jabil Circuit, a manufacturing plant in Meung-Sur-Loire, France. PocketFinder - and PetFinder - are tiny location and homing devices. They can be accessed via the Internet, cell phone or a landline and can be enhanced to track personal luggage, vehicle speeds - to those with access - and include "zones" to notify a user when someone (or something, like a pet or a vehicle) leaves or enters a…

TuesdaySep 09, 2008 3:53 am

North American Palladium Ltd. (PAL) – Mining Their Own Business

Headquartered in Toronto, Ontario, North American Palladium Ltd. (PAL) is a Canadian producer of palladium. Trading on the American Stock Exchange (AMEX), the company is part of the Industrial Metals and Minerals industry. Their core palladium business is supported by a major contribution from nickel, platinum, gold, and copper byproducts metals. Palladium is one of six platinum group metals consisting of: platinum, palladium, osmium, ruthenium, iridium, and rhodium. These metals are valuable for their strength and durability, rarity, strong catalytic properties, resistance to oxidation and corrosion, conductivity, and high melting point. These platinum group metals are part of technological advances…

TuesdaySep 09, 2008 3:50 am

Tanzanian Royalty Exploration Corp. (TRE) Getting the Royalty Treatment

Trading on the American Stock Exchange (AMEX), Tanzanian Royalty Exploration Corporation is a financial gold company whose business strategy is to acquire royalty interests in gold production from their core assets. These assets are in the Lake Victoria Greenstone Belt of Tanzania. This Belt is considered prospective for precious metals, base metals, and diamonds. With a market capitalization of $241.60 million, the company has their corporate headquarters in Surrey, British Columbia. Tanzanian Royalty's strategy is to develop their licenses under royalty agreements with industry partners. They have royalty agreements with Barrick Gold and Northern Mining Explorations. The company is also…

TuesdaySep 09, 2008 3:48 am

eFuture Information Technology Inc. (EFUT) Reports Q2 Sales Double, Earns Profit

eFuture Information Technology Inc. (EFUT), a supplier of management software solutions in China, reported second quarter financial results yesterday afternoon after the close. Revenues rose to $3.5 million, an increase of 103.9% over the same period in 2007. Gross profit rose 115% to $2.0 million as gross margin improved to 57.1% from 54.1% year-over-year. GAAP net income was $0.4 million, or 13 cents per diluted share, vs. a loss of $1.34 million in Q2 2007. Adjusted net income (non-GAAP) was $1.1 million, or 35 cents per diluted share. eFuture reiterated full-year 2008 revenue guidance of $19 - $20 million. There…

MondaySep 08, 2008 6:01 pm

IceWeb Inc. (IWEB.OB): Cool Name, Cool Profits for Investors?

IceWeb (IWEB) manufactures, markets and provides network infrastructure solutions and online application services to federal, state, and local government entities on a global scale. The company's network security products and services include firewall, intrusion detection systems, and security information management system implementation and management/monitoring along with e-mail security remote application processes. IceWeb also provides e-mail solutions along with online scheduling and meeting collaboration tools. The company's LearningStream.com product is an online business education portal that offers subscription-based online classes to consumers and corporate customers, such as managers, employees and trade associations. Virginia-based IceWeb sells its products and services through direct…

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