MondayMay 14, 2007 4:49 am

Solid Sales & Profits Fuel AEY’s Jump

Shares of ADDvantage Technologies Inc. (Amex: AEY) surged today after news of its second-quarter earnings were released earlier this morning. In mid-day trading, shares of ADDvantage were trading up 27 cents (6 percent) at $4.52 per share on volume of 405,100. For the three month period ended March 31, 2007, revenue was $16 million compared to $12.4 million in the second quarter of fiscal 2006, an increase of 29 percent, and matches its largest quarter of revenues. “A significant portion of our revenue growth came from new product sales to several large MSOs in the Midwest that are making capital…

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MondayMay 14, 2007 4:16 am

Terra Nostra Resources Corp. (TNRO.OB) Announced Successful Shipment for a Multi-Million Dollar Contract

Before the bell today, Terra Nostra announced that they have shipped 304 grade stainless steel billets in order to fill a $30 million dollar contract. The company is not finished however because of other contracts detailing they must produce 600 Metric Tonnes ("MT") of 304 stainless steel billets every month for one year. Mr. Sun Liu James Po, Chief Executive Officer, stated that the extensive testing and trial production is validated by the company’s ability to deliver a product of international standards to a world class customer. The revenue expected from the contract is expected to triple the Terra Nostra’s…

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SundayMay 13, 2007 5:25 am

May 14th CEOcast Weekly Newsletter

05/13/2007 VOLUME 299 Companies featured in the current edition of the newsletter: ADSX, ARGA, AVGOE, CGXP, CHIP, CYTR, EEEI, GNBT, GSHF, HSOA, HYTM, IRBO, ITUI, MBIF, MBND, NTRN, OXIS, PBIO, PCLI, POIG, RTK, SCLL, TAGS, VOII, VQPH Stocks continued their forward climb as the market reacted positively to the Fed's actions last week. With signs pointing to a moderating economy, and inflation appearing manageable, investors are banking on the Fed engineering a "soft landing"which will eventually lead to rate cuts further later in the year. The Dow set two all-time highs this week, one by reaching an intra-day high of…

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FridayMay 11, 2007 6:17 pm

Nascent Food Service, Inc. (NCTW.OB) is Now a National Competitor in the Foodservice Industry

Nascent’s acquisition has now positioned the company as a major player in the foodservice and retail trade. The CEO of Nascent, Sandro Piancone, stated that the company has overcome a major milestone in their business plan. He continued saying, “It effectively completes our geographical coverage throughout Mexico, making Nascent the first national distributor of imported products into Mexico." The president of Nascent expressed his excitement for the company as he commented on it as being the only “one-stop-shop” for nationwide distribution. He believes Nascent has a strategic advantage over its competitors because they are a U.S. based business. Nascent now…

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FridayMay 11, 2007 5:34 pm

With Six Holes Drilled at the Halo Property in Ontario; CanAm Uranium Corp. (CAUI.OB) Reports Results

CanAm Uranium Corp. (CAUI.OB) reports the completion of six test drill holes at the Halo Property.  It is important to note, the current price of Uranium is $120 per pound as of May 7 2007, is up $7 since the release of the information by Operator El Nino Ventures.   El Nino and CanAm released assay results for the first four drill holes. Best results to date have been achieved in DDH H-4, the upper hole on the second or easternmost section drilled. Eight radioactive pegmatite dikes were intersected within an interval of 24 metres. Assays/width ranged from 0.01 per cent uranium…

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FridayMay 11, 2007 4:38 pm

With Major Acquisition, Nascent Food Service, Inc. (NCTW.OB) Becomes First Nationwide Imported Food Distributor Throughout Mexico

Nascent Wine Company, Inc. (NCTW.OB), reports that it has acquired Pasani, S.A De C.V., making Nascent Food Service, Inc., a national player in the foodservice and retail arenas. Nascent Food Service is striving in Mexico, to be of a similar business model, of the very successful and market leading frim, Sysco Foods in the U.S.      Pasani is a Mexican-based company importing and distributing some of the most popular name brand European and Asian food products in all of Mexico. Pasani's product lines consist of more than 200 private labeled and trademarked items under the Bonet and Mitsuki brands. Pasani's current customers…

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FridayMay 11, 2007 1:05 pm

Shares of Tucows Inc (AMEX: TCX) Climb 10 Percent on Word of Record 1Q Results

Tucows Inc. (AMEX: TCX) shares jumped 10 percent, or 9 cents to $.99 today, moving on volume of 647,000, creeping toward its 52-week high of $1.00 in mid-afternoon trading.The Internet services provider announced its first-quarter financials yesterday, reporting a 16 percent increase in year-over-year net revenue, with record results of $17.8 million, up from $15.3 million for the three months ended March 31, 2006. "The first quarter of 2007 was highlighted by another solid financial performance," said Elliot Noss, president and CEO of Tucows Inc. in a statement. "We continue to grow our business by using our wholesale channel to…

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FridayMay 11, 2007 1:05 pm

Fresh Harvest (FRHV.OB) Takes Root on the OTCBB

Fresh Harvest Takes Root on the OTCBB « H E » MN1 Exclusive :: email posted Friday, 11 May 2007 Organic food marketer and distributor, Fresh Harvest Products Inc. (OTCBB: FRHV), officially made its move to the OTC Bulletin Board today, starting its career on the boards at 50 cents a share."This is a very important milestone for [us,]" Fresh Harvest CEO Michael Friedman said, in a recent press release. Since 2003, Fresh Harvest has made its name by selling and marketing natural and organic food products and beverages - like health bars, coffee bars, tortilla chips and salsa -…

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FridayMay 11, 2007 1:05 pm

Vicon (AMEX:VII) Reports $1.6 Million Increase in Second-Quarter Results

Foreign sales spurred strong fiscal 2007 second-quarter results for Vicon Industries Inc. (AMEX: VII); in response, shares soared as high as 20 percent in Friday afternoon trading, settling at $11.65 at the closing bell. Net sales for the second fiscal quarter 2007 increased to $16.9 million, up 38 percent from last year's first quarter results of $12.2 million. Net income was reported at 16 cents per diluted share, or $802,000 - a significant jump from a loss of $848,000, or 19 cents per share, in the same period for 2006. Ken Darby, Vicon CEO said, in a press release, sales…

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FridayMay 11, 2007 1:05 pm

Xenonics Holdings Inc (XNN) Doubles Revenues & Updates SuperVision Launch

Shares of Xenonics Holdings Inc. (Amex: XNN) surged up today after news of its second-quarter earnings were released earlier this morning. In mid-day trading, shares of Xenonics were trading up 11 cents (5 percent) at $2.51 per share on volume of 397,500.Revenue for the three months ended March 31, 2007, from the sale of its NightHunter high-intensity illumination devices increased to $1.65 million compared to $718,000 for the second quarter of fiscal 2006. The net loss for the three months ended March 31, 2007, was $177,000, or 1 cent per share. This compares to a net loss for the three…

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