Blog - Page 5224 of 5686

WednesdayAug 15, 2007 7:19 am

TX Holdings Adds New Piece to Puzzle with Perth Acquisition

TX Holdings Inc. (OTCBB: TXHG) announced today the acquisition of a 25 percent interest in the producing property named Perth-Auzzy. The company funded this acquisition with a combination of cash and stock. The company is ecstatic to have an interest in a proven, producing property and looks forward to reaping the benefits from Perth-Auzzy. TX Holdings also indicated that they will have an additional well on-line by the end of next week producing at similar rates. W.A. Alexander, Jr. of Oil & Gas Consulting in Broken Arrow, Oklahoma had the following to say about TX Holdings’ new acquisition. “Yesterday the…

WednesdayAug 15, 2007 6:35 am

Beacon Equity Research Highlights Endeavor Energy Corp. (ENEC.OB)

From its beginning, Endeavor Energy has focused on increasing land position and production. The company produces 125 BOED barrels of oil equivalent and plans to add another 1,500 to 2,000 BOED with an $11.5 million 2007-drill campaign. Endeavor believes it will produces over 4,000 BOED and targets revenues at $25 million by next year. The company plans to increase revenues and production by identifying and developing unconventional resources, exploring high-potential basins, and by preserving financial flexibility. Approximately 90% of the company’s production is from Canada and it is actively pursuing ways to increase the current production. The analyst concluded the report…

WednesdayAug 15, 2007 5:27 am

SCEY Grabs a Piece Around BP & Chevron: Shares Skyrocket!

Shares of Sun Cal Energy Inc. (OTCBB: SCEY) ballooned up today after releasing news about its acquisition of the Jonah Prospects in Wyoming. SCEY closed up 39 cents (23 percent) at $2.05 per share on volume of just over 1.5 million shares. SCEY has agreed to acquire a 100 percent working interest in 6,000 acres of leases in the Jonah Field region of Wyoming - the second largest proven gas reserve in the U.S. This is the fourth core exploration and development region for SCEY. The company's prospects are identified as South Jonah, which consists of 2,477.68 acres and West…

WednesdayAug 15, 2007 4:57 am

QuoteMedia, Inc. (QMCI.OB) Revenues Increase 56% in Second Quarter of 2007

QuoteMedia announced that its second quarter revenues increased from $852,871 in 2006 to $1.33 million, a 56% increase. The company’s deferred revenue balance, payments received in advance from customers that will be recognized as revenue in future quarter once services are performed, increased 48%. Keith Guelpa, President of QuoteMedia, Inc., stated, “QuoteMedia continued on the path of revenue building during the first half of 2007. The revenue increases reported largely reflect the strong continuing trend towards an increasingly broad market acceptance of our traditional products. They also indicate the early phase impact of the recent introduction of our expanded data…

WednesdayAug 15, 2007 4:49 am

A Pickle a Day Keeps the Cramps Away!!!

Pickle Juice Sport, a portfolio company of Golden Beverages Inc., has teamed up with New Age Beverage Group’s sales brokers to market and distribute throughout Colorado. The two companies have already established distribution agreements with 7-Eleven and Valero convenience stores – equaling over 400 stores spanning the entire state of Colorado. Pickle Juice Sport is a Pre-Hydration drink that focuses on easing the pain and discomfort of muscle cramps. This is the first drink designed and packaged for the sole purpose of preventing muscle cramps. The brand Pickle Juice Sport is distributed to a network of grocery and convenience stores…

WednesdayAug 15, 2007 4:26 am

Cord Blood America, Inc. (CBAI.OB) Reports Record Quarter Revenues

Cord Blood America announced this morning that its revenues totaled $2.346 million for the second quarter ended June 30, 2007, up 194% from the revenues in the same period in 2006. The revenues for the first six months of this year totaled $4.04 million, which is a 221% increase compared to the revenues from the first half of 2006. The company also reported a substantial increase in its gross profit as it increased from $125,255 to $796,761. The gross profit for the first six months of 2007 totaled $1.396 million, up 1,439% compared to a gross profit of $96,641 in…

TuesdayAug 14, 2007 5:15 pm

Global Resource Corp. (GBRC.OB) Files 10QSB

On September 22, 2006 the Company acquired the assets and development stage business of Carbon Recovery Corporation. Since, the Company has continued the plan of operations developed by Carbon Recovery Corporation and in effect at the time of that acquisition. Essentially, this involves finding commercial applications for the various uses and applications of the variable microwave technology to recover hydrocarbons either from waste products (E.G., waste tires and non-metallic components of junked and wrecked vehicles) or from sources such as oil shale, oil drilling cuttings, capped wells with appropriate geological characteristics, etc. The company also has plans to implement a…

TuesdayAug 14, 2007 5:10 pm

Nascent Food Service, Inc. (NCTW.OB) Files 10QSB

Nascent generated revenues of $15,315,000 compared to $9,933,000 for the six months ended June 30, 2007 and 2006 respectively. The increase is due primarily to the increase in sales of Miller Beer, the distribution contract we acquired in May 2006 and the increase in sales of the companies we acquired during the last year. Gross profit for the period ended June 30, 2007 was $2,183,000 (17%) of sales as compared to $146 of sales for the same period in 2006. In addition to increasing sales volumes the Company is also striving to increase the percentage of gross profit. Gross profit…

TuesdayAug 14, 2007 5:08 pm

QuoteMedia, Inc. (QMCI.OB) Files 10QSB Report

Quotemeda filed its 10QSB Quarterly Report today. The company Licensing revenue increased $478,534 (56%) and $800,968 (47%) when comparing the three and six month periods ended June 30, 2007 and 2006. This increase reflects sales growth for both our Interactive Content and Data Applications and the Quotestream Portfolio Management System. The company also expanded their line of Interactive Content and Data Applications, which includes XML market data feeds, and their average per client revenue increased from the comparative periods. This resulted in a $349,038 (69%) and $517,065 (48%) increase in Interactive Content and Data Application revenue when comparing the three…

TuesdayAug 14, 2007 2:04 pm

Simtrol, Inc. (SMRL.OB) Reports 19.6% Increase in Revenues and a 571% Increase in Total Assets

Simtrol released its quarterly report for the quarter ended June 30, 2007. The report announced that total assets increased about 571% for the six months ended on June 30, 2007 from $285,908 for the six months ended on December 31, 2006. The company explained that the increase was primarily due to proceeds from Series B convertible preferred stock that was issued March 16, 2007 in a private placement. The company also announced that its revenues substantially increased from $35,056 to $41,900, an increase of 19.6%. The company announced last month that it joined Polycom ARENA program to provide digital arraignment solutions…

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