WednesdayJun 01, 2011 3:40 pm

Daktronics Inc. (DAKT) Posts Q4 Results backed by Solid Pipeline and Backlog

Daktronics Inc., a leading global supplier of large screen video displays, electronic scoreboards, LED texts and graphic displays, today posted its fiscal 2011 fourth-quarter financial results. The company reported fourth-quarter revenues of $114.4 million, compared to revenues of $92.0 million for fiscal fourth quarter 2010. Net income for the fourth quarter 2011 was $3.0 million, or $0.07 per diluted share, compared to a net loss of $4.9 million, or $(0.12) per diluted share for the comparable quarter of 2010. Backlog at the end of the fiscal 2011 fourth quarter was approximately $131 million, compared to a backlog of approximately $127…

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WednesdayJun 01, 2011 2:27 pm

EnerJex Resources, Inc. (ENRJ) Acquires Kansas Oil Property for $245,000

Today, domestic onshore oil company EnerJex Resources, Inc. announced that it has acquired an oil property in Eastern Kansas for $245,000. The property is close to EnerJex’s existing operations. It consists of 280 undeveloped acres and has the potential to host approximately 110 oil wells, nine of which already been drilled and cased with a 100% success rate. To date, all of the existing wells have encountered two separate oil zones. In the next few months, EnerJex will comingle both zones and commence production relating to this property. EnerJex made it known that it is actively leasing additional acreage in…

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WednesdayJun 01, 2011 2:26 pm

CUI Global (CUGI) Picks Liolios for Investor Relations Program

Today, CUI Global announced that they have chosen Liolios Group to head up its new investor relations and financial communications program. CUI revolves around acquiring and developing new technologies, then bringing them to market. Its GasPT2 natural gas metering platform shipped across Europe earlier in May of 2011. Liolios Group is a California-based investor relations firm that specializes in small and micro-cap companies while focusing on delivering performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Liolios has clients in a wide array of industries, including clean technology, consumer & retail, healthcare &…

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WednesdayJun 01, 2011 2:24 pm

Hyperdynamics Corp. (HDY) Announces Services and Equipment Contracts for Offshore Exploration Project in Guinea

Hyperdynamics Corp., an independent oil and gas exploration company with prospects in offshore Republic of Guinea, northwest Africa, has announced that AGR Peak Well Management Ltd. has signed contracts on behalf of the Company for materials, long-lead-time equipment, and professional services, which total approximately $12 million. These purchases, which are contained under many separate contracts, will cover the needs of Hyperdynamics’ first two exploration wells that are planned offshore Guinea. The majority of the purchases are inclusive of the materials that will be used in the well itself, such as the casing and piping, a wellhead, cement and drilling fluid.…

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WednesdayJun 01, 2011 10:40 am

Adcare Health Systems Inc. (ADK) Closes on Acquisition of Georgia Skilled Nursing Facility

AdCare Health Systems Inc. is a firm involved in senior living and health care facility management. The company develops, owns and manages assisted living facilities, nursing homes and retirement communities, as well as provides home health care services. The company announced today that it has closed the previously announced acquisition of a skilled nursing facility in College Park, Georgia. The addition of this facility completes the three acquisitions AdCare announced previously in Georgia for an aggregate price of $18 million. The three facilities have an aggregate 335 beds that generate an estimated $16.4 million in annualized revenue. Their addition is…

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WednesdayJun 01, 2011 9:49 am

Imperial Petroleum, Inc. (IPMN) Offers Better than Average Energy Play

Imperial Petroleum is unusual as an OTC-traded energy company. Unlike many such companies, Imperial is profitable, driving impressive moves in share price. Much of this comes from the company’s diversity and the ability of its management team to recognize and take advantage of unique opportunities. One of those opportunities came in May of last year, when Imperial acquired e-Biofuels, LLC, a biodiesel producer located in Middletown, Indiana. E-Biofuels uses what is called white grease (basically chicken fat) along with soybean oil as a resource for the production of biodiesel. Biodiesel use and production results in roughly 78% less CO2 emissions…

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WednesdayJun 01, 2011 9:35 am

SNAP Interactive, Inc. (STVI) Announces Signing of Lease to Move to New Offices

Yesterday, SNAP Interactive, Inc. announced that they signed a lease to move to new, larger offices on or around August 1, 2011. They made this move to accommodate their rapid growth, including particularly the expansion of the Company's mobile development team. SNAP's new office space is approximately 8,500 square feet, almost three times larger than the Company's current space. The new office space occupies an entire floor of a Midtown Manhattan building. Their modern-looking offices will feature an open floor plan; the offices can comfortably house 50 to 60 employees. Mr. Cliff Lerner, SNAP Interactive, Inc. Chief Executive Officer, noted,…

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WednesdayJun 01, 2011 9:32 am

SavWatt USA, Inc. (SAVW) Merges Business Success with Environmental Passion

In the world of lighting, as in virtually every other industry involving energy consumption, the hottest word is “green”. And the greenest technology in lighting is LED, where a semiconductor diode converts applied voltage to light in a process vastly more energy efficient than traditional incandescent lighting. While incandescent lights spend 80% of their energy producing heat, LED lights spend 80% of their energy producing light. Quickly becoming an LED market leader is SavWatt USA, Inc., a Maryland based company opening offices around the world. The company has built a reputation for offering the top of the line in LED…

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TuesdayMay 31, 2011 2:49 pm

Car Charging Group, Inc. (CCGI) Announces the Completed Installations of Electric Vehicle Charging Stations in West Palm Beach, Florida

Car Charging Group, Inc., a developmental stage company that focuses on owning, providing, and servicing electric charging service facilities for the electric vehicle (EV) automobile market, recently announced that it has completed the installation of seven EV changing station in West Palm Beach, Florida. "We're thrilled to be working with the city of West Palm Beach," said Car Charging Group CEO Michael D. Farkas. "As one of the first municipalities installing EV charging stations in the state of Florida, they clearly share our passion and understand the importance of installing a national infrastructure of EV charging stations." Car Charging Group…

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TuesdayMay 31, 2011 2:47 pm

Goldrich Mining Company (GRMC) Closes Final Placement for Roughly $667k Net, Plans to Expand Gold Exploration and Production at Massive Alaskan Chandalar Property

Goldrich Mining, the junior mineral development company which owns the entire 27 sq miles of the Chandalar gold district near Fairbanks Alaska (190 miles north), a world-class resource with high-grade gold veins and alluvial deposits, reported closure today of a private placement of the Company’s common stock/warrants. The company intends to use the capital infusion for exploration and development at Chandalar, as well as some general purpose expenses. Everything went smoothly, with the placement being oversubscribed and terms being set in relation to the 20-day weighted volume average price of $0.23/share. The Company sold some 4.17M shares at $0.18 per…

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