QualityStocks Stock Newsletters Archives - Page 153 of 1818

MondaySep 19, 2011 11:45 am

ERF Wireless (ERFB) Energy Broadband Subsidiary Revenues Grow by 212% Year-over-Year

For the six month period ended June 30, 2011, ERF Wireless recently reported Positive Adjusted EBITDA of $1,136,000. The Company’s Energy Broadband subsidiary expanded significantly during the period, with revenues increasing by $800,000, or 212%. As a result of this growth, ERF Wireless was able to retire some $0.7 million in certain debt and capital leases, resulting in an overall $1.4 million decrease in current liabilities. CFO Richard Royall commented, "We continued to lay the foundation for future growth by partnering with other large wireless network operators to provide wireless broadband connectivity in regions where ERF Wireless does not currently…

MondaySep 19, 2011 11:02 am

Pansoft Company Ltd. (PSOF) Strengthens Position in Thriving Chinese Hydrocarbon Sector with Acquisition of Top Coal Mining HR Solutions and Service Provider

Pansoft Company, one of China’s top hydrocarbon industry providers of comprehensive enterprise resource planning software solutions and various professional services, announced a further expansion move recently with the signing of a definitive agreement to acquire Hefei Langji Technology Co., Ltd. (including wholly-owned subsidiary Shanghai Zhongrui) for a reported $1.69M (RMB10.8M). Chairman of PSOF, Hugh Wang, called the Langji move a milestone for the Company, as it follows the ITLamp Technology and HongAo Power acquisitions of 2010, cementing PSOF in the heart of China’s roaring hydrocarbon sector. Langji has risen from is start eight years ago to become the Chinese coal-mining…

MondaySep 19, 2011 9:24 am

ESP Resources, Inc. (ESPI) Completes Work on Oklahoma Wells

ESP Resources, Inc. reported that the company has concluded equipment upgrade operations on four wells located in Oklahoma. The company has also commenced supplying chemicals and oil services to these four wells. The four wells are located on the Chisholm Lease in Garvin County, Oklahoma, and are owned by CAVU Resources, Inc. The Chisholm Lease is approximately 290 square miles in size and has over ninety wells. ESP Resources said that CAVU Resources, Inc. controls 190 acres and nine wells on the Chisholm Lease and plans to eventually conduct similar services on these wells. The company said that an additional…

MondaySep 19, 2011 9:22 am

Natus Medical Inc. (BABY) Acquires Embla to Become Worldwide Leader in Sleep Apnea Diagnostics

Natus Medical, a leading provider of healthcare products used for the screening, detection, treatment, monitoring and tracking of common medical ailments in newborn care, hearing impairment, neurological dysfunction, epilepsy, sleep disorders, and balance and mobility disorders, recently announced the acquisition of Embla Systems, the largest company focused solely on sleep diagnostics. Since the mid-1990's, Elma Systems has been developing innovative products to assist sleep labs in the diagnosis of sleep apnea, a sleep disorder that causes abnormally low breathing during sleep. Internationally, Embla is also the leader in devices used for sleep studies in patient's homes. Embla reported earnings of…

FridaySep 16, 2011 1:53 pm

Asia Pacific Wire & Cable (APWC) Reports Solid Q2, HY 2011 Results

Asia Pacific Wire & Cable, manufacturer of telecommunications products in the Asia Pacific region, today reported strong, unaudited consolidated results for the second quarter and first half ended June 30, 2011. For the second quarter of 2011, APWC reported revenues of $148.7 million, up 40 percent compared to $106.0 million reported in the comparable quarter of 2010. Gross profit increased 15 percent to $16.4 million compared to $14.2 million reported in the second quarter of 2010. The company reported net income attributable to APWC shareholders at $2.4 million, or $0.17 per share, compared with $3.7 million, or $0.27 per share,…

FridaySep 16, 2011 11:44 am

Genoil, Inc. (GNOLF) Announces Coast Guard Certification for Crystal MU 30 and MU 40 Bilge Separators

Genoil, Inc., a company that engages in the development and commercialization of hydrocarbon, and oil and water separation technologies, announced that its two models, Crystal MU 30 and MU 40 bilge separators of 5 m3/h and 10 m3/h capacity, have been certified by the U.S. Coast Guard according to the IMO Resolution MEPC 107 (49). These models are vital in providing for a complete line of bilge separators. The US Coast Guard/IMO MEPC 107 (49) certifies bilge separators that can achieve less than 15 parts per million (ppm) oil content. While lower oil contamination of the effluent is highly sought…

FridaySep 16, 2011 11:40 am

CUI Global, Inc. (CUGI) to Present at Small Cap/Micro Cap Investment Conference

Located in Tualatin, Oregon, CUI Global has quickly earned reputation as a top platform company dedicated to the acquisition, development, and commercialization of state-of-the-art technologies. Today, CUI Global announced they will give a presentation at the upcoming Accredited Members, Inc. (“AMI”) Fall 2011 Small Cap/Micro Cap Investment Conference. The AMI Fall Conference is a two-day event which will be held on September 19-20, 2011 at the Ritz Carlton in New Orleans, Louisiana with CUI’s presentation scheduled for September 20 at 11:20 a.m. Pacific Time. The conference is attended by accredited, micro-cap centric investors, family offices, buy-side institutions, and sell-side industry…

FridaySep 16, 2011 9:22 am

Ohio Hospital First in US to Purchase Viking Systems (VKNG) 3DHD Equipment

Yesterday, Viking Systems, Inc. announced that Columbus, Ohio's Nationwide Children's Hospital has purchased two of the company's 3DHD Vision Systems for use in their facilities. They are the first hospital in the United States to purchase such equipment. Previously, all sales of Viking's 3DHD systems had been in markets outside of the US. Viking Systems is a developer and manufacturer of 3D and 2D visualization solutions for complex minimally invasive surgery, selling the only standalone 3D system for use in minimally invasive laparoscopic surgery. These minimally invasive systems speed recovery time by reducing the amount of invasive surgery required in…

ThursdaySep 15, 2011 2:00 pm

Sono Resources, Inc. (SRCI) Acquires Substantial New Strategic Licenses in Botswana, Encompassing both Matchless and Kalahari Belt Mineralization

Sono Resources, well-known for their substantial Bonnyridge Project (contiguous license blocks covering some 2965.6 sq km) in Botswana, on what is essentially an extension of the prolific Kalihari Copper Belt (proven high copper/silver concentrations), announced their agreement to acquire three strategically located and highly prospective mineral exploration licenses in Botswana totaling some 1872.7 sq km. The licenses encompass both the Ghanzi-Chobe Fold Belt (Kalahari Belt, one of the planet’s largest copper belts, where developers like Hana Mining have already defined muti-million tonne copper-silver resources) and Matchless Amphibolite Belt style of mineralization. With the matchless belt extending across the border into…

ThursdaySep 15, 2011 1:55 pm

VIVUS, Inc. (VVUS) Gives Regulatory Update on Its QNEXA Drug

VIVUS, Inc. is a biopharmaceutical company developing therapies to address obesity, sleep apnea, diabetes and male sexual health. The company's lead product in clinical development is an obesity drug, QNEXA. The company announced today that, following a recent teleconference, it has reached agreement with officials of the Endocrine and Metabolic Division of the Food and Drug Administration (FDA) on a plan that allows for an early resubmission of the QNEXA New Drug Application for the treatment of obesity. Based on the agreement, VIVUS intends to resubmit it by the end of next month. This date will be prior to the…

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