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…

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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…

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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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TuesdayMay 15, 2007 1:05 pm

ReelTime (RLTR.PK) Snags VOD Rights to Two Production Houses

With the addition of World Wide Entertainment, Reeltime.com (RLTR:PK) has added all kinds of classic Hollywood films, children's titles and family movies - just to name a few genres - to its already vast library of videos available via the Internet.Reeltime offers the technology that allows viewers to watch DVD quality, streaming video on a PC screen or television, without the buffering present in other similar offerings. According to Reeltime executive Beverly Zaslow, adding the Australia-based World Wide Entertainment's library to Reeltime's offerings will mean users get more options in extreme sports, fashion, celebrities, science, space, nature, children's titles, family…

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TuesdayMay 15, 2007 1:05 pm

NexTech (NXSN.PK), FAS Technologies Sign Merger Agreement

NexTech Solutions (Pink Sheets: NXSN) and FAS Technologies LLC, recently announced that the two companies would be merging into one by the end of 2007.According to a recent press release, this new company - which will be listed under the symbol NXSN, but go by the name NexTech-FAS - will work to benefit both the parent companies by broadening NexTech's range technology solutions and opening up more sales channels to FAS. Since the two companies already have greatly similar technologies and work in complementary industries, the merger is expected to be seamless. "We basically serve the same market," NexTech CEO…

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TuesdayMay 15, 2007 11:48 am

StockGuru News: Apple Rush Earns Organic & Kosher Certs., ATO Show Highlights

Apple Rush Earns Organic & Kosher Certs., ATO Show Highlights RushNet, Inc. (OTC: RSHN) BLUE ISLAND, Ill.–(BUSINESS WIRE)–RushNet, Inc’s (RSHN.PK) Apple Rush division last week passed both its Organic and Kosher Certification inspections, allowing all its pre-sold orders to be released. Apple Rush Company personnel recently sampled Apple Rush at the All Things Organic (ATO) Trade Show in Chicago May 6-8. The heavily attended show was running concurrent with Grocery industry’s FMI and United Produce Shows, as well as the Spring Fancy Food Show, where buyers from all channels crowded the booth and showed major interest in both the bottle…

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TuesdayMay 15, 2007 11:48 am

StockGuru Blog: Deep Blue Marine Going Into the Downed Ancient Sailing Vessels

Deep Blue Marine Inc. spent yesterday diving off their permitted site of the coast of Florida which is five miles long and 5000 feet wide and believed to have remnants of three different shipwrecks. The culprit which sunk what could potentially be three Spanish Galleons was and is a reef which runs from fifteen wide on top to 45 feet wide on the bottom of the reef and is a couple of hundred feet long. While in good weather sailors could have and would have steered clear of reefs, Caribbean storms and hurricanes often drove ships into treacherous territory and…

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TuesdayMay 15, 2007 11:48 am

StockGuru Morning Alerts for Tuesday, May 15, 2007 Featuring Deep Blue Marine, RushNet, Tradequest International, City Capital, Hemisphere Gold, and General Metals

Deep Blue Marine Inc. (OTC: DPBM) Deep Blue Marine Inc. (OTC: DPBM) - Monday’s shares stayed even at $0.02. 513,250 shares were traded. Deep Blue Marine announced on May 9th that the company is ready to start the 2007 dive season, and boats will return to the Woman Key Site as soon as the current low pressure system leaves and the weather changes. Divers plan to continue exploring the sonar hits and also to do much more extensive work in the proven areas this season. These areas include but are not limited to: large possible ballast pile located by sonar,…

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TuesdayMay 15, 2007 11:47 am

StockGuru Alert: Equity Stock Analysis Announces an Executive Interview with Wilf Blum of Deep Blue Marine

Equity Stock Analysis Announces an Executive Interview with Wilf Blum of Deep Blue Marine Deep Blue Marine Inc. (OTC: DPBM) DALLAS–(BUSINESS WIRE)–Lee Anderson, J.D., M.L.S., of Equity Stock Analysis announced today that she has conducted an exclusive interview with Wilf Blum, the President of Deep Blue Marine, Inc. (OTC: DPBM - News). Deep Blue’s is a marine salvage business with an active dive off of Woman Key Site in Florida. Deep Blue’s long-term business plan is to manage two or three underwater exploration sites simultaneously. Wilf Blum discusses their current project, the Woman Key Reef Site, and what appears be…

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TuesdayMay 15, 2007 11:44 am

StockGuru News: Deep Blue Marine and City Capital

Deep Blue Marine Inc. (OTC: DPBM) Deep Blue Marine Inc. Announces Resumption of Diving Operations in Key West SALT LAKE CITY–(BUSINESS WIRE)–Deep Blue Marine (Pink Sheets:DPBM - News)is pleased to announce that diving at the Woman Key site resumed last Friday with focus on the Kirby site. Previous sub bottom profiling and exploration headed up by Capt. Billy Rawson had turned up an area of Toredo worm crust. Toredo worms devour wood leaving a hard tube filled crust and were the bane of any seafaring vessel. Discovery of a toredo crust is important as it shows a wooden ship was…

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