Blog - Page 4962 of 5550

WednesdayNov 07, 2007 5:26 am

RedChip Initiates Coverage on Alternative Construction Technologies, Inc. (ACCY.OB)

RedChip announced that it has begun covering Alternative Construction Technologies with a "Buy" rating and a 12 month target price of $12.28. They believe the company offers a compelling investment opportunity in the micro-cap general building materials industry. The stock currently has a market cap of less than $46 million, causing RedChip to believe it is undervalued because of the expected near-term revenue growth, compelling advantages of its product compared to competing products, and the large market potential of its product offering. The second quarterly report of 2007 revealed that revenues increased approximately 155% over the same period last year. Net income…

WednesdayNov 07, 2007 5:02 am

ECOtality, Inc. (ETLY.OB) Further Enhances Offerings through Acquisition of eTec

ECOtality announced this morning that it has acquired Electric Transportation Engineering Corporation (eTec) and its affiliated companies for $6.25 million in cash and stock. eTec is a recognized leader in the research, development and testing of advanced transportation and energy systems, specializing in alternative-fuel, hybrid and electric vehicles. eTec has developed and obtained exclusive patent rights to a rapid charging system that extends battery life without destructive effects. There are more than 300 eTec SuperCharge systems in daily operation that service more than 1,000 electric ground support equipment. The acquisition, combined with the acquisitions of Innergy Power Corporation and Fuel…

TuesdayNov 06, 2007 6:14 pm

Brooke Corp. (BXXX) Announces New Merger

Brooke Corporation (BXXX) announced that shareholders of Brooke Capital have approved the proposal that allows for the merger of Brooke Corporation's wholly-owned subsidiary, Brooke Franchise Corporation, into Brooke Capital Corporation. The merger of Brooke Franchise into Brooke Capital is distinctly advantageous, as Brooke Corporation moves from operating a portfolio of privately-held businesses to a company that holds investments in publicly-traded companies as well. During the next fiscal period, Brooke Credit and Brooke Capital will conduct their own quarterly conference calls with the investment community. Keith Bouchey, Brooke Corporation's President and CEO, commented "The third quarter represented one of the most…

TuesdayNov 06, 2007 6:13 pm

NCsoft Corp. (KSE) and Shanda Interactive Entertainment Limited (SNDA) Form Strategic Alliance

NCsoft Corporation (KSE), a leading Korean online game developer and publisher, and Shanda Interactive Entertainment Limited (SNDA), a leading interactive entertainment media company in China, announced an exclusive purchase agreement. This agreement specifies that Shanda will obtain an exclusive license to operate NCsoft's highly-anticipated 3D MMORPG AION game – "The Tower of Eternity" in mainland China. AION is a multi-faceted story set within a mythical world that involves the oppositional Angelic and Demonic races and the growing threat posed by the emerging Draconic race. In the AION universe, the actions of individual characters shape and advance the game's storylines with…

TuesdayNov 06, 2007 6:08 pm

Adams Golf, Inc. (ADGO.OB) Announces Results for Third Quarter 2007

Adams Golf, Inc. (ADGO.OB) reported net sales of $18.9 million for the third quarter ended September 30, 2007. Compared to $15.0 million of net sales in the third quarter of 2006, this represents an increase of 27%. The Company also reported a net loss of $0.3 million, or $0.01 per fully diluted share for the third quarter ended September 30, 2007, as compared to a net loss of $0.5 million, or $0.02 per fully diluted share for the comparable period of 2006. "We were pleased with our revenue growth in Q3 and the perceived strengthening of both our brand and…

TuesdayNov 06, 2007 6:06 pm

Gateway Energy Corp. (GNRG.OB) Announces Increased Revenues

Gateway Energy Corporation (GNRG.OB) announced that representatives of Madisonville Gas Processing have informed the company that their Madisonville Gas Project in East Texas is now fully operational. As a result, the company is able to treat an additional 50,000 Mcf/d of gas, which will lead to increased revenues in the near feature. Currently, there are six wells drilled in the area near the Madisonville Project. Four of these wells have already been connected to the GP treatment plant, with the two other wells still under construction. Robert Panico, President and Chief Executive Officer of Gateway, stated, "The initial production from…

TuesdayNov 06, 2007 6:03 pm

Nevada Geothermal Power Inc (NGLPF.OB) Seals a $20 Million Financing Deal

Nevada Geothermal Power Inc. (NGLPF.OB) recently announced that the company's wholly owned subsidiary, "NGP Blue Mountain I LLC", has closed a $20 million financing deal with Glitnir Banki hf ("Glitnir"). As a result of this transaction, the company has also amended and restated the Commitment Letter for the Loan to include Glitnir as the official loan underwriter. Glitnir Banki granted this loan to NGP Blue Mountain for the ongoing development of the company's 35 Blue Mountain, Faulkner I project in Nevada. The loan proceeds will be used to aid pre-construction efforts for the company's geothermal power plant, geothermal well field,…

TuesdayNov 06, 2007 6:00 pm

Axcess International, Inc (AXSI.OB) Announces Exclusive New Technology

Axcess International Inc. (AXSI.OB), the nation's leading provider of business activity monitoring solutions, announced that the company's exclusive technology platform "DOT" has officially been released. DOT will be the world's smallest but most powerful battery powered wireless computer offered on the market today. This technology will feature a dynamic view into the status of every portion of an individual company, and then specify how each portion aids or hinders the goal of the enterprise. Thus, DOT provides various businesses an uncanny opportunity for increased productivity, security, and revenue growth Because DOT technology is very flexible and not defined by one…

TuesdayNov 06, 2007 5:58 pm

Lucas Energy, Inc. (LUCE.OB) Announces High Well Production Rate

Lucas Energy, Inc. (LUCE.OB), one of the country's leading independent oil and gas corporation, announced that the company's initial production rate for the Hagen Ranch No. 3 well has exceeded prior expectations. The Hagen Ranch No. 3 Well, located in Texas on a 1330 acre land lease, was first drilled on August 30, 2007. Because the company previously announced an aggressive twelve month drilling program to increase revenue, the Hagen Ranch was the best property to meet such goal. Consequently, Lucas' total daily production revenue for this ranch exceeded 163 BOPD with no water deposits present, considerably increasing Lucas' total…

TuesdayNov 06, 2007 12:48 pm

SmallCAPS.us Featured Company: AML Communications (AMLJ.OB) Reports Q2 Results

AML Communications recently announced results for the second quarter ended September 30, 2007. Net sales for the quarter totaled $3.20 million, which is a 49% increase from the same period last year. The company also reported a profit of $104,000, or 0.01 per share, a significant improvement from last year’s net loss of $32,000. Revenues for the quarter were higher due to an increased amount of bookings for the core defense business and revenue contribution from the company’s subsidiary, Mica-Tech. The increased bookings were reported during the last three quarters and are expected to positively impact future revenues as many of them are…

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