Blog - Page 5115 of 5386

WednesdayMay 16, 2007 6:16 am

Home Run Quarter Just a Taste of 2007 Says IAO

Everybody likes breaking records and landing new contracts, especially if you’re a professional athlete or a public company because that means more recognition and most importantly … more money! That’s the story for IA Global Inc. (Amex: IAO) in the first quarter of 2007. Revenue for the first quarter ended March 31, 2007, jumped an incredible 77 percent to $6.5 million from $3.7 million in the first quarter of 2007. Gross profit ballooned up 155 percent to $5.5 million from $2.2 million in the year ago period. Net loss also declined to $844,000 from $1.4 million in the first quarter…

WednesdayMay 16, 2007 5:51 am

Solar EnerTech Corp. (SOEN.OB) Announces the First Shipment of Solar Modules to Africa

Solar EnerTech is pleased to announce the latest shipment from the Company's facility in Shanghai. The solar modules are being shipped to the Port of Capetown for delivery to one of Africa's largest solar system integrators. The company believes the demand in Africa will grow in 2007 potentially reaching 15 Mw. The recent shipment could assist the company in being an exclusive supplier for this African company. Because of Africa’s strategic location in relation to the sun, it is believed to be one of the best natural locales for solar applications. The continent receives very high direct irradiation and long…

WednesdayMay 16, 2007 5:24 am

HearUSA Inc. To Appear on MN1.com

Stephen J. Hansbrough, President & CEO, of HearUSA Inc. (AMEX: EAR), will be featured live on Market News First (www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for May 18, 2007 at 9:30AM CDT. Hansbrough will focus on the company’s latest quarterly results and its “Just Find Out” campaign featuring Coach Don Shula. He will also touch on HearUSA’s outlook for 2007. About HearUSA HearUSA, Inc. operates hearing care centers in the United States and Canada. It operates in three segments: Company-Owned Centers, Network of Independent Providers, and E-Commerce. The Company-Owned Centers segment offers…

WednesdayMay 16, 2007 5:23 am

Compress Technologies, Inc. (CTLG.PK) Enters Negotiations to Develop the Central American Market Place

Compress Technologies and Verdes Monte Bello announced negotiations to test Compress Technologies’ revolutionary FM-SCA technology. If everything goes as planned, Verdes Monte Bellow will deploy the technology throughout their network of FM stations located in Guatemala, Panama, Nicaragua, Costa Rico, Salvador, Honduras and Belize. The company believes this will be one of several licensing agreements in the future. The revolutionary FM-SCA technology allows multiple digital channels to be transmitted alongside conventional analog signals, allowing up to 50 digital channels broadcast in the unused space left behind by analog stations. Please share your thoughts:Compress Technologies, Inc. Message Board

WednesdayMay 16, 2007 5:05 am

QuoteMedia, Inc. (QMCI.OB) Reports Strong Revenue Growth for the First Quarter of 2007

Revenue increased from $838,266 to $1,160,700 in 2007; a 38% increase. The company’s cash balance increased $241,219 from the previous balance of $1,127,470. QuoteMedia's deferred revenue balance increased 63% from $209,708 to $341,357. Deferred revenue represents payments received in advance from customers that will be recognized as revenue in future quarters when the services are performed. The Company has significantly expanded their data offerings to include international market data, and much more comprehensive research information. Their new international data coverage allows the QuoteMedia to expand into the global market. Because of the large growth, the company has been required to…

WednesdayMay 16, 2007 4:22 am

Terra Nostra Resources, Corp. (TNRO.OB) – China’s Demand for Copper and Steel Surpasses the Rest of the World

Terra Nostra is well positioned in China, earning the title of being the 6th largest producer in China. With its existing and developing capacity of 170,000 Metric Tonnes of electrolytic copper, and its fully operational 230,000 Metric Tonne capacity stainless steel casting facility; the company paces itself in a very high position. By only meeting a small portion of the demand, the company is expected to earn over $1.4 Billion in the fiscal year ending May 2009. China’s demand for the two metals grew at an average of 9.67% from 1978 to 2006, while the rest of the world grew…

TuesdayMay 15, 2007 4:39 pm

Shares of Open Energy Corp. (OEGY.OB) Advanced Strongly Today – Up 30.77% as Company Announces Letter of Intent

Open Energy Corp. (OEGY.OB) and Suntech Power Holdings Co., Ltd., one of the world's leading manufacturers of photovoltaic (PV) cells and modules, reported the signing of a letter of intent for broad initiatives targeting the expansion of the Building Integrated Photovoltaic (BIPV) products sales of each company. Suntech will provide cost effective and high quality production for Open Energy's SolarSave® PV Tiles. The companies will market each other's broad portfolio of BIPV products within the North American market. Suntech will also have the right to acquire up to 5% of the outstanding shares of Open Energy as part of this strategic…

TuesdayMay 15, 2007 4:13 pm

Revenues Up Sharply at VIASPACE, Inc. (VSPC.OB)

VIASPACE Inc. (VSPC.OB) reported its financial results for the quarter ended March 31, 2007. Revenue for the first quarter of 2007 was $239,000, as compared with $113,000 in the same quarter of 2006, an increase of $126,000. Gross profit for the first quarter of 2007 was $36,000 compared with $8,000 for the comparable quarter of 2006. Commenting on first quarter results, Dr. Carl Kukkonen, CEO of VIASPACE said, "We believe that the restructuring of the convertible debenture completed in March 2007 into common stock is favorable to the Company as it removes debt from our balance sheet and converts it to…

TuesdayMay 15, 2007 1:32 pm

VIASPACE, Inc (VSPC.OB) Announces an Increase of 212% in First Quarter Revenue

After the bell, VIASPACE announced its first quarter financial results for the quarter ended March 31, 2007. VIASPACE reported $239,000 in revenue for this quarter compared to last year’s $113,000; a 212% increase. Gross profit also increased from last year. In 2006 it was $8,000 compared to $36,000 this year. Operating expenses were increased $634,000. $391,000 of the operating expenses was accounted for in research and development expenses. In March, the convertible debenture transaction was restructured by converting existing convertible debentures into common stock, allowing the company to receive $910,800 in additional cash proceeds. As a result of the restructuring, the Company…

TuesdayMay 15, 2007 1:05 pm

XsunX (XSNX.OB) Stock Rises After News of $41 Million Sale

Shares for solar cell technology innovator XsunX Inc. (OTCBB: XSNX) shot up this morning after the company revealed it had recently sold over $41 million worth of thin film equipment.According to a recent XsunX press release, the company has "entered into agreements" to deliver 25 mega-watts of thin-film photovoltaic production equipment - with a combined worth of more than $41 million - to Mexico-based energy company Lambda Energia S.A. de V.C. As a leader in producing solar cell equipment, XsunX is devoted to developing and commercializing innovative new thin-film photovoltaic (TFPV) solar cell technologies and manufacturing. After the news was…

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