TuesdayMay 06, 2008 4:02 am

Approach Resources Inc. (AREX) – A Natural Gas Reserves Drilling Company

Approach Resources Inc. (AREX) is an independent energy company headquartered in Fort Worth, Texas. Founded in September 2002, the company engages in the exploration, development, production and acquisition of unconventional natural gas and oil properties onshore in the United States and British Columbia. The focus of the company is to find and develop natural gas reserves in known tight gas sands and shale gas areas. By applying advanced drilling, fracturing and completion techniques, the company has successful found and exploited unconventional reservoirs. Growth for the company since its inception has come from the drilling operations in the company’s West Texas…

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TuesdayMay 06, 2008 3:58 am

SkyPostal Networks Inc. (SKPN.OB) Poised for Growth in 2008

SkyPostal, an international mail distribution company that specializes in offering the hand delivery of mail and periodicals into Latin America (LAC), currently has service agreements with the French, German and Swiss postal services to deliver mail in the LAC region. The company is also providing reliable, time-defined, international “intelligent” private postal services at lower costs than the United States Postal Service and the major European postal agencies, with higher customer satisfaction. SkyPostal is one of the largest private mail networks in Latin America that handles mail from European postal administrators, major publishers, mail consolidators and financial institutions that require time-defined…

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MondayMay 05, 2008 3:10 pm

OTCPicks Featured Company: TeleCommunication Systems, Inc. (TSYS) Announces Record Numbers for First Quarter

TeleCommunication Systems, Inc. (NASD: TSYS) (TCS) reported record numbers for the first quarter of 2008. Revenue increased significantly by 18%, from $34.1 million in the first quarter of 2007 to $40.4 million. At the end of the previous quarter ending December 31, 2007, revenue was $37.1 million. Earnings before interest, taxes, depreciation and amortization, and noncash stock compensation (EBITDA) reported another record at $8.4 million, or $0.20 per basic and $0.19 per diluted share. This is a 45% increase from the previous quarters figures, and a 79% increase from a year ago. Maurice B. Tose, TCS Chairman, CEO, and President…

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MondayMay 05, 2008 1:18 pm

OTCPicks Featured Company: Vermillion, Inc. (VRML) Opens Series of Teleconferences

Vermillion, Inc. (NASD: VRML) recently hosted a teleconference that featured keynote speaker John Cooke, M.D., Ph.D, Professor of Medicine at Stanford University. The teleconference focused on the company's peripheral artery disease (PAD) diagnostic program and improvements that could be made to enhance the detection of the disease. This teleconference was the first in a series of future roundtable discussions, and served as an educational means to explain the current state of PAD and the clinical need for a blood test that can determine a person's risk of developing the disease. PAD affects between 8 and 12 million Americans, and can…

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MondayMay 05, 2008 1:14 pm

Industrial Services of America, Inc. (IDSA) Reports 37% Increase in First Quarter Net Income

Industrial Services of America, Inc. (IDSA) is a recycler of scrap metals headquartered in Louisville, Kentucky. The company reported solid first quarter results today just minutes before the closing bell. Revenues rose 46% year over year to $26.1 million, while net income increased 37% to $1.09 million or 30 cents per share. Chairman and CEO Harry Kletter stated, “ISA continued to benefit from building relationships with existing and potential customers, as well as from strong global demand and pricing for commodities. With this first quarter we have achieved a revenue run-rate of approximately $100 million. As we progress through 2008,…

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MondayMay 05, 2008 1:07 pm

Loans4Less.com, Inc. (LFLS.PK) Specializes in Online Real Estate Loans to “A” Paper Customers

Loans4Less.com, Inc (LFLS.PK) specializes in online real estate loans, serving primarily “A” level customers. The company also makes residential 1st & 2nd Trust Deed loans and can refinance existing loans as needed. The California Department of Real Estate has licensed Loans4Less.com, and Loans4Less.com also does business as a real estate agent, focusing on high end residential estate transactions. The company prides itself on excellent and honest service. The company’s goal is to offer the most competitive loan rates and closing costs available at the time. It provides an “Auto Float Down” feature, which states that if a lower rate exists…

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MondayMay 05, 2008 1:06 pm

Sinoenergy Corp. (SNEN.OB) Secures $17.87 Million Investment

Sinoenergy Corp. (OTCBB: SNEN) announced its subsidiary, Qingdao Sinogas General Machinery, finalized a $17.87 million strategic investment from a group of Chinese investors. The compressed natural gas (CNG) vehicle and gas station equipment manufacturer also said it is reorganizing its group structure to differentiate its business segments by their functions. Per the arrangement, the investors will acquire a 24.95 percent ownership of the company, while Sinoenergy will retain a 75.05 percent ownership. The investment will allow the subsidiary to operate as a domestic joint venture, increasing registered capital to $15.7 million from $11.8 million. The company also develops and operates…

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MondayMay 05, 2008 1:03 pm

NanoViricides Inc. (NNVC.OB) Announces Significant Results in its Anti-HIV Studies

In 1981, the United States became the first country to identify HIV/AIDS as a distinct condition. Since then, hundreds of thousands of people have become infected, and more than 500,000 have died from the HIV/AIDS virus. It’s a race to arms, as facilities throughout the world conduct studies to combat the virus. NanoViricides Inc. (OTCBB: NNVC) is one such company. Today the company announced that its anti-HIV drug candidates have demonstrated significant therapeutic efficacy in recent preliminary animal studies at a Bio-Safety Level 3 Laboratory facility in Boston, Mass. The studies were conducted by Dr. Krishna Menon, PhD, VMD, MRCS,…

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MondayMay 05, 2008 10:50 am

Rock Energy Resources, Inc. (RCKE.OB) to be Featured on National News Show ‘The Economic Report’

A Houston, Texas-based oil and gas exploration company, Rock Energy Resources, Inc. (RCKE.OB) announced today that it will be featured on an upcoming episode of national television show ‘The Economic Report.’ Rock Energy, which formed in 2004, uses the latest imaging technologies to access onshore natural gas and crude oil resources, an invaluable technique in today’s unstable and expensive energy environment. “With oil over $100 per barrel and the shaky geopolitical picture abroad, America must look at energy resources in North America,” said Chief Executive Rocky V. Emery. “We know there are vast stores of untapped resources the others either…

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MondayMay 05, 2008 10:41 am

OTCReporter.com Featured Company: Physician’s Adult Daycare, Inc. (PHYA.PK)

Senior Citizens are America's fastest growing social group. By the year 2020, an estimated 30 percent of the domestic population will qualify for social security. The decision to obtain specialized care for the elderly is one that many families face, and that number is only expected to continue growing. Physician’s Adult Daycare, Inc. realizes the importance of developing more affordable solutions in this arena. The economic strain that falls to both the individual and government agencies is something that it plans to directly address. There are many circumstances under which full-time institutionalization of elderly or handicapped loved-ones is neither cost-effective,…

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