TuesdayNov 16, 2010 10:42 am

Stock Guru Featured Company: First China Pharmaceutical Group, Inc. (FCPG.OB)

First China Pharmaceutical Group, Inc. is focused on becoming a major force in the high growth pharmaceutical distribution sector in China, providing pharmaceutical products to drug stores, medical clinics and hospitals. As part of its business strategy, the company acquired the assets of Kun Ming Xin Yuan Tang Pharmacies Co. Ltd. (XYT), a profitable provincial pharmaceutical distributor offering approximately 5,000 health products. China is arguably the most attractive emerging pharmaceutical market. By the end of 2013, it is forecasted that annual per capita spending will rise from $27.60 to $54.40. Key drivers of this growth are the introduction of universal…

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TuesdayNov 16, 2010 10:07 am

TV Goods Holding Corp. (HNHI.OB) Joins Forces with Allstar Products Group

Located in Clearwater Florida, TV Goods Holding Corp. is the subsidiary of H & H Imports and has earned a stellar reputation as a direct response marketing company that develops and markets consumer products for global distribution. Today, TV Goods announced that have formed a partnership with the Allstar Products Group. The Allstar Products Group is a renowned direct response and consumer products company. Allstar Products has earned national acclaim for such products as the Snuggie Blanket with Sleeves and the Topsy Turvy Upside Down Planter. In this agreement, Allstar Products will coordinate efforts to promote a complete line of…

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TuesdayNov 16, 2010 10:04 am

FieldPoint Petroleum Corp. (FPP) Issues Operational Update on Oil and Gas Activities

FieldPoint Petroleum Corp. issued an update on its oil and gas operations in the United States, where the company is active in several different producing basins. FieldPoint Petroleum Corp. reported that the company paid the first installment of its share of drilling costs at a well in Lea County, New Mexico. The company paid $975,000 to Cimarex Energy (XEC). FieldPoint Petroleum Corp. owns a 43.75% working interest in the well, with Cimarex Energy and several other partners owning the balance. The well being drilled is targeting the Bone Spring formation, and is the first well in a two well drilling…

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TuesdayNov 16, 2010 9:17 am

Clear Channel (CCMO.PK) Appoints Robert Pittman as Chairman of Media and Entertainment Platforms

Yesterday, CC Media Holdings, Inc. and its subsidiary Clear Channel Communications announced that Robert Pittman would be taking over as the Chairman of Media and Entertainment Platforms. Pittman is the former Chief Executive Officer of MTV and AOL Networks, and former Chief Operating Officer of AOL Time Warner and America Online. Clear Channel, a San Antonio-based business, is a global media entertainment company that specializes in on-demand and mobile entertainment, as well as information services and advertising for local communities. Pittman's career began as a radio programmer, with successful stations in Pittsburgh, Chicago and New York City, at the NBC…

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TuesdayNov 16, 2010 9:13 am

China Shen Zhou Mining & Resources, Inc. (SHZ) Posts Third Quarter Results

Yesterday, China Shen Zhou Mining & Resources, Inc. announced its financial results for the third quarter, which ended September 30, 2010. The company posted positive numbers across the board. Net revenues increased to $3.62 million in the third quarter, a 110% increase from the same period in 2009. Net income attributable to the company and subsidiaries increased to $0.52 million as compared last year’s net loss of $2.15 million. Gross profit increased by approximately 600%, raising to $1.74 million from $0.25 million last year; the company posted a gross margin of 48%. Basic and diluted net income (loss) per share…

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TuesdayNov 16, 2010 9:01 am

Dermscan’s Study Proves Aesthetic and Medical Benefits of Simulated Environment Concepts, Inc.’s (SMEV.PK) SpaCapsule

Simulated Environment Concepts, a manufacturer and developer of medical, aesthetic and wellness equipment, this morning reported the results of the Body Slimming Study conducted by the DERMSCAN Group. The study showed that consistent use of the SpaCapsule effectively reduces cellulite and offers other aesthetic benefits. “As previously stated, the SpaCapsule was also designed to aid in weight-loss and cellulite treatment,” stated Dr. Ella Frenkel, Chairman and CEO of Simulated Environment Concepts, Inc. “However, the study has proven results beyond our expectations.” The study was solely based on time spent in the capsule without any external considerations like diet or exercise.…

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MondayNov 15, 2010 4:29 pm

Vycor Medical (VYCO.OB) to Acquire NovaVision and its Vision Restoration Therapy Technology

Medical device manufacturer of next generation neurosurgery retraction devices, Vycor Medical, Inc. announced that it has entered into a purchase agreement to acquire all the assets of NovaVision, Inc., including its German subsidiary, NovaVision AG, and its patented and FDA-approved technologies for non-invasive Vision Restoration Therapy (VRT) for an aggregate price of $900,000. VRT is a clinically-proven, patient-specific diagnostic and therapeutic therapy that has been clinically shown to restore vision loss as a result of neurological trauma from instances such as stroke or brain injury. Also important, it is notable that the NovaVision products have CE marking, a mandatory conformance…

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MondayNov 15, 2010 2:10 pm

China Clean Energy, Inc. (CCGY.OB) Posts Record Q3 Results, Beating Previous Projections

China Clean Energy Inc. produces biodiesel fuel and specialty chemical products from renewable resources. The company today posted its financial results for the third quarter ended September 30, 2010, reporting figures that surpassed expectations. The company posted net revenue for the third quarter at $16.0 million, up 300 percent from the third quarter of 2009. The increase represents higher sales volume and higher average selling prices for its specialty chemicals and biodiesel product segments. Gross profit in the third quarter was $3.7 million, up 382 percent from the comparable quarter of 2009. The increase in gross profit was mostly driven…

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MondayNov 15, 2010 1:46 pm

MedClean Technologies (MCLN.OB) Expands Distribution Network, Signs Agreement with Major Southeastern Operator SunBelt Medical Services

MedClean, www.medcleantechnologies.com – the developer of a complete methodology for on-site medical waste and confidential document disposal/destruction, reported signing of a distribution agreement today with SunBelt Medical Services, Inc., an established sector operator with a huge footprint in Georgia, North and South Carolina. As of signing of this agreement, MedClean now has 11 regional distributors throughout 41 states, with one national partner focused on the Veteran’s Administration and an international partner developing Canada as a major market. With some 40 or more distributor-based sales people helping to spread MedClean technology through the North American health care market, the Company has…

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MondayNov 15, 2010 10:39 am

Dynamic Ventures Corporation (DYNV.OB) Signs Final Contract to Build Four-Story, 84-room Hotel

Dynamic Ventures Corp. announced on Friday that it signed the final contract to build a four-story, 84-room Comfort Suites Hotel in Bossier, Louisiana, a $5.4 million project. This is the first signed contract in the company’s $50 million-plus current domestic pipeline. Dynamic Ventures uses a management and construction system that has consistently proven its ability to save builders and developers time and money without compromising quality. Interest in the Company's unique approach continues to grow. This is evidenced by the number of multi-million dollar projects moving toward the final contract phase. Mr. Paul Kalkbrenner, President/CEO of Dynamic Ventures Corporation, explained,…

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