MondayMar 07, 2011 4:32 pm

Dehaier Medical Systems Ltd. (DHRM) Shares Surge on Solid Q4 Results

Dehaier Medical Systems Ltd., an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today posted its financial results for the fourth quarter and 12 months ended December 31, 2010, sending shares surging 12.36% to $6.18. Revenue for the quarter increased 126 percent year-over-year to $6.7 million, up from $2.9 million in the fourth quarter of 2009. The company attributes the increase to growth in its homecare products and self-branded and third-party medical devices. Gross profit increased 119 percent year-over-year to $2.5 million, accounting for 36.9 percent of revenue, up from…

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MondayMar 07, 2011 3:43 pm

China Shengda Packaging Inc. (CPGI) to Build Paper Manufacturing Facility

China Shengda Packaging Group Inc. is a leading paper packaging company in China. Its main focus is on the design, manufacturing and sale of flexo-printed and color-printed corrugated paper cartons. However, the company also manufactures corrugated paperboards which are used for the production of its cartons. The company announced today that it had signed a letter of intent to purchase the land use rights for a 166,533 square meter plot of land in Yancheng City, Jiangsu Province for $11.4 million. This buy was made in order to build a new paper manufacturing plant. China Shengda plans to fund the purchase…

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MondayMar 07, 2011 3:40 pm

Comstock Mining Inc. (LODE) Releases Drilling Results at Nevada Site

Comstock Mining Inc. reported the results of ongoing exploratory drilling at the company’s mining properties in the United States, where the company is prospecting for gold and silver. Comstock Mining Inc. has finished drilling thirteen reverse circulation holes at the Dayton Resource Area in western Nevada. The company reported that the results indicate the highest level of gold and silver of any sample obtained to date at the project area. Comstock Mining Inc. reported 1.21 ounces of gold and 2.8 ounces of silver per ton in a ten foot interval at one of the reverse circulation holes drilled. The company…

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MondayMar 07, 2011 12:56 pm

UFood Restaurant Group Inc. (UFFC.OB) Opens Huge New Military Channel, Lands Contract to Open Two Units at Aberdeen Proving Ground in Maryland

UFood Restaurant Group, www.ufoodgrill.com – the operator/franchisor of the UFood Grill fast-casual food service restaurants, which offer a delicious line of healthy cuisine in the “better for you” quick-serve segment, reported the award of a contract by the Army and Air Force Exchange Service (AAFES), to open two locations at the Aberdeen Proving Ground (APG) in Maryland. CEO of UFFC, George Naddaff, founder of Boston Market, who led the franchising of several companies like the wildly successful Sylvan Learning Center, spoke warmly of this exciting opportunity to bring the UFood concept to the men and women in the military and…

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MondayMar 07, 2011 11:03 am

EGPI Firecreek, Inc. (EFIR.OB) to Focus on Oil & Gas and Alternative Energy Divisions

EGPI Firecreek, Inc. announced Friday that the Company plans to consolidate through the sale of certain assets and divisions in order to focus on their Oil & Gas and Alternative Energy divisions. They based their decision to consolidate EGPI Firecreek, Inc.’s holdings on the principle that it is better to focus energies on areas that have proven to show exponential growth, while utilizing the Company's original area of expertise. The Company has enjoyed diversification in its operations, however they have also had to spend a significant amount of time and energy in dealing with several subsidiaries. Due to this, the…

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MondayMar 07, 2011 10:02 am

Capstone Turbine Corp. (CPST) Video Chart for Monday, March 7, 2011

CPST broke through resistance at $1.55 on more than double the average volume.  The chart has been bullish for the last half year and looks like it may be trying to make another bullish push again this week.  Technical traders are on alert for continuation of Capstone’s upward momentum. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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MondayMar 07, 2011 8:59 am

Gasco Energy (GSX) Reports 2010 Financial Results

Gasco Energy released operational and financial details on its oil and gas activities in 2010. The company is active in several plays in the western United States including the Uinta and San Joaquin Basins. Gasco Energy reported net income of $10.1 million, or $0.08 per share, in the year ending December 31, 2010. This was considerably better than 2009 results when the company reported a net loss of $50.2 million, or $0.47 per share. Gasco Energy attributed the higher net income to several one-time gains including ones related to the extinguishment of debt and a derivative gain from the company’s…

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MondayMar 07, 2011 8:56 am

Lizhan Environmental Corp. (LZEN) Appoints New Leadership Positions

Lizhan Environmental, a China-based supplier of synthetic leather and other fabrics manufactured from recycled leather waste, Friday announced it has appointed Shan Cui as company CFO, effective immediately in replace of Angell Chang, who is resigning for health reasons. Cui has 15 years of international and domestic experience concentrated in investment banking advisory, financial planning and analysis, reporting and system implementation. She most recently served as a managing director of Capital First International, which is an investment banking advisory firm specializing in serving middle market companies in U.S. and China. Cui said she was drawn to Lizhan’s stature and position…

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FridayMar 04, 2011 2:36 pm

TeleCommunication Systems (TSYS) and U.S. Cellular Extend Licensing Agreement

TeleCommunication Systems Inc., a world leader in highly reliable and secure mobile communication technology, today announced that the nation’s sixth-largest full-service wireless carrier U.S. Cellular (www.uscellular.com) has extended its agreement to offer "Your Navigator," powered by TCS. The two-year contract is a Software License Agreement for TCS to provide leading Location-Based Services (LBS) application Your Navigator through U.S. Cellular’s feature phones. Your Navigation transforms any GPS-enabled mobile phone into a personal navigation device by providing real-time, turn-by-turn visual and audio directions to the user. Your Navigator also offers access to business listings and directories, entertainment information, event venues, hotels, traffic…

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FridayMar 04, 2011 1:48 pm

Bacterin International Holdings, Inc. (BIHI) Gets Approval for Listing on NYSE Amex

Bacterin International Holdings, Inc., a biologic company that engages in the research, development, manufacturing, and commercialization of bioactive coatings for medical devices, announced that its common stock has been given the nod of approval for a listing on the NYSE Amex and has chosen Knight Capital Group as its market maker. Shares for Bacterin’s common stocks will begin trading on NYSE Amex on Monday March 7, 2011 under a new ticker symbol “BONE”. "This is truly an eventful period in our company's history as we proudly commence the trading of our stock on the NYSE Amex. We believe our shares…

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