MondayAug 15, 2011 1:39 pm

Trunkbow International (TBOW) Posts Solid Increases in Q1, Positive Outlook for Future

Trunkbow International Holdings Limited, a leading provider of Mobile Payment Solutions (MPS) and Mobile Value Added Solutions (MVAS) in the People’s Republic of China, today announced financial results for its first quarter ended March 31, 2011. Revenue in the first quarter of 2011 increased 27.6 percent to $5.0 million compared with revenue of $3.9 million in the same period of 2010. Cost of revenue in the first quarter of 2011 was $0.6 million compared with $0.2 million in the same period of 2010. Gross profit increased 19.0 percent to $4.4 million compared to $3.7 million in the first quarter of…

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MondayAug 15, 2011 11:59 am

Douglas Lake Minerals Inc. (DLKM) Zeros in On Multiple Gold Targets in Tanzania, Announces Drilling Program Start Date

Douglas Lake Minerals, a young, aggressive mineral developer currently heavily focused on its resource sites in Tanzania, issued an update report today detailing the ongoing exploration activities at one of the four sites being worked by the Company in Tanzania’s Handeni district. The wholly owned site (PL6743/2010) lies just east of Magambazi Hill in some of the Handeni district’s prime mineralization acreage. Extensive analysis of this and the other sites in the Company’s portfolio have culminated in the recent completion of a ground induced polarization/resistivity and ground magnetic geophysical survey spanning a grid some 4 sq km to the east/south/north…

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MondayAug 15, 2011 11:55 am

GreenShift Corp. (GERS) Executes Agreement with Advanced BioEnergy LLC

Today, GreenShift Corp. announced that it has executed a license agreement with Advanced BioEnergy LLC. The company also reported on the successful commissioning of its patented corn oil extraction technology at Advanced BioEnergy’s 110 million gal/year ethanol plant in Fairmont, Nebraska. According to the agreement, GreenShift has designed and assisted Advanced BioEnergy with the construction of a system based on GreenShift’s corn oil extraction process. The system uses two Alfa Laval Disc Stack Centrifuges for maximum performance. The agreement also states that Greenshift will provide Advanced BioEnergy with ongoing technical support to maximize the performance and benefits of the new…

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MondayAug 15, 2011 8:10 am

Royal Standard Minerals Inc. (RYSMF) Announces Substantial Progress at Goldwedge Property

On Friday, Royal Standard Minerals Inc. announced that they have made substantial progress at their Goldwedge Property, Nye County, Nevada. This progress was with the purchase of a "new" ball mill, current construction of the concrete foundation, and piers. Company management plans to have the ball mill installed on the foundation by the end of this month. After the testing and completion of the new mill components, their management expects the mill to be fully operational by the end of September 2011. Furthermore, Royal Standard Minerals is building a "Rapid Infiltration Basin" (RIB) that will be part of the mine-dewatering…

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MondayAug 15, 2011 8:04 am

Grid Cloud Solutions, Inc. (GRDC) Spammed Aggressively over Weekend

We have observed an influx of emails spamming Grid Cloud Solutions, Inc. from various free email accounts over the weekend. Investors should be wary of these emails, as they are completely anonymous and violate the CAN-SPAM Act established by the FTC. As of this time, the company has not provided a public comment on the issue. Stocks to avoid, due diligence, monitoring investments, key terms in investing and other related topics are covered by us in our Market Basics section. Here we give answers to basic questions regarding stock investments for both new and experienced investors. To view our Market…

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FridayAug 12, 2011 4:11 pm

International Fuel Technology Inc. (IFUE) Announces Repeat Purchase Made by PREOL

International Fuel Technology (“IFT”), a company that develops fuel additive product formulations that enhance the performance of petroleum-based fuels and renewable liquid fuels, recently announced that Czech Republic bio-diesel manufacturer PREOL has made a repeat purchase of its PerfoLiFTBD-8 through distribution partner Nordmann Rassmann Czech Republic. PerfoLiFT BD-8 is a part of the PerfoLiFT BD-Series of fuel additive formulations that offers superior oxidation stability and deposit formation control to bio-diesel of underlying sources. PREOL, a private company that is located in Lovosice, Czech Republic, is the biggest Czech Republic producer of bio-diesel with a current capacity of more than 100,000…

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FridayAug 12, 2011 3:37 pm

Nexxus Lighting Inc. (NEXS) Posts 206% Increase in Q2 Revenue

Nexxus Lighting Inc. today reported its second quarter 2011 results, reflecting a significant boost in sales and an expansion of its patent portfolio. Total revenue for the three months ended June 30, 2011, increased 206 percent to approximately $4.0 million compared to approximately $1.3 million for the comparable quarter of 2010. Gross profit for the second quarter ended June 30, 2011, was approximately $1.0 million, or 25 percent of revenue, compared to approximately $433,000, or 33 percent of revenue, for the comparable period of 2010. Nexxus reported a net loss for the second quarter of 2011 of $868,000, or $(0.05)…

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FridayAug 12, 2011 3:29 pm

Loreto Resources Corp. (LRTC) Enters Into Farm in Agreement

Loreto Resources Corp. reported that it has entered into an agreement under which the company can earn a working interest in various oil and gas leases in the Maverick Basin in South Texas. Loreto Resources signed a non-binding letter of intent with Eagleford Energy Inc., which holds a working interest in the Matthews and Murphy leases located in Zavala County, Texas. The agreement allows the company to earn up to a 50% working interest in the leasehold. Loreto Resources is required to spend between $2 million and $2.5 million to support the development program underway on the properties. Under this…

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FridayAug 12, 2011 3:27 pm

American Community Development Group, Inc. (ACYD) Adds Askia Aquil to Advisory Board to Support Property Expansion

In recent news, American Community Development Group, Inc. announced the addition of Mr. Askia Mohammed Aquil to its advisory board. With more than two decades of experience in executive leadership, management and development of housing programs, Mr. Aquil has been and will continue to be instrumental in corporate discussions regarding expansion into other markets and access to additional nonprofits groups, agencies and grant funding opportunities. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development. During his tenure, he gained extensive construction management-related experience as Assistant Project Engineer…

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FridayAug 12, 2011 3:02 pm

ZBB Energy Corp. (ZBB) Awarded Million Dollar Contract from the Navy for Energy Storage System

ZBB Energy Corp., the leading developer of intelligent, renewable energy power platforms, announced today that they will provide the US Navy with a 1000kWH / 500kW-rated energy storage system for use in a micro-grid application at the San Nicolas Island Naval Facility in the Catalina Islands, near Los Angeles, California. The system will utilize ZBB's newly branded EnerSystem(TM) technologies, comprised of ZBB's Power & Energy Control Center (PECC) and next generation Version 3 Zinc Bromide flow battery modules. ZBB's technology EnerSystem (TM) will be tested and certified to maintain power quality and perform load management for off peak power of…

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