WednesdayOct 27, 2010 8:34 am

Triangle Petroleum Corp. (TPLM.OB) Provides Comprehensive Corporate Update

Triangle Petroleum, www.trianglepetroleum.com – the independent oil and gas exploration and production firm with some 475k gross acres in Nova Scotia at the Windsor Block and another 13k net acres in the Williston Basin targeting the Bakken Shale/Three Forks, announced several new strategic initiatives in addition to an operational status update and 2011 projected drilling schedule. A joint venture with two Oppenheimer & Co, Inc. investment funds operating out of NY, OGR (Oppenheimer Global Resource Private Equity Fund I) and a related co-investment fund went into effect on the 22nd of this month. A $25M capital commitment from OGR directed…

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WednesdayOct 27, 2010 8:31 am

Sohu.com Inc. (SOHU) Announces Solid Q3 2010 Results

Sohu.com, www.sohu.com – China’s top online brand, with a domain for just about everything from searching to gaming, integrates such a dizzying array of web properties, social media/community-based and web 2.0-driven entities at its main portal that it has become an indispensable hub of activity for the lives of millions of Chinese daily and it comes as little surprise that a recent announcement of unaudited Q3 (ended Sept. 30) financials set new records. Chairman and CEO of SOHU, Dr. Charles Zhang, beamed at the record quarter which posted solid revenue/gross margin growth in every one of the Company’s major business…

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TuesdayOct 26, 2010 2:39 pm

Folsom Lake Bank (FOLB.OB) Posts Third Quarter of Profitability

Folsom Lake Bank today announced its third-quarter results for the three months ended September 30, 2010, reporting its third consecutive quarter of profitability with income of $99,501. As of September 30, 2010, the bank reported total assets of $115.2 million, an increase of 25.5 percent over the year comparable quarter of 2009. Total deposits were $99.6 million, up 31.5 percent from the $23.8 million reported in the third quarter of 2009. Checking, money market and savings accounts increased 65.5 percent from $29.7 million to $49.1 million. The bank attributes its increases in its focus on customer satisfaction. "We have had…

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TuesdayOct 26, 2010 1:42 pm

MiMedx (MDXG.OB) Optimistic Despite Q3 Let Down

MiMedx Group Inc., an integrated developer, manufacturer and marketer of patent protected biomaterial-based products, today announced its third-quarter 2010 results. For the three months ended September 30, 2010, the company reported revenues of $108,000 as compared to $0 for the third quarter of 2009. The company posted a net loss of $2.9 million, or $0.05 per diluted common share, for the third quarter, as compared to a net loss of $4.5 million, or $0.11 per diluted common share, for the comparable quarter of 2009. Stockholder's equity as of September 30, 2010, was $5.7 million, compared to $6.1 million as of…

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TuesdayOct 26, 2010 1:40 pm

Community Bank System, Inc. (CBU) Expands New York Footprint, Moves to Acquire The Wilber Corporation

Community Bank System, the parent of two of the most well-known and localized banking operations in the US, Community Bank (Upstate NY) and First Liberty Bank & Trust (Pennsylvania), reported signage yesterday of a definitive agreement which results in the acquisition of Oneonta, NY-based Wilber National Bank’s parent company The Wilber Corporation (33 locations). The masterful CBU (some 150 locations), which already has multiple subsidiaries ranging from employee benefits administration and consulting to insurance and investment services among others, will pay a reported $101.8M in stock and cash ($9.50/share) to close the deal. Fusion of these two strong entities, each…

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TuesdayOct 26, 2010 12:42 pm

China Integrated Energy, Inc. (CBEH) Closes on Purchase of Bio Diesel Plant

China Integrated Energy, Inc. reported that the company has closed on the acquisition of a bio diesel production facility located in China. The company said that it would increase production immediately from this facility. China Integrated Energy, Inc. said that the bio diesel facility is located in Chongqing City, China, and was purchased from Chongqing Tianrun Energy Development Co., Ltd. for $16.5 million, payable in cash at closing. The company said that it would fund the acquisition with cash on hand. China Integrated Energy, Inc. said that the acquisition will add $32 million in sales in 2011, and result in…

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TuesdayOct 26, 2010 12:41 pm

Puda Coal, Inc. (PUDA) to Acquire Two Coal Mines in China

Puda Coal, Inc. announced that the company has agreed to purchase two coal mines located in China. The mines have extensive reserves of thermal coal. Puda Coal, Inc. said that Shanxi Puda Coal Group Co. Ltd., which is a 90% owned affiliate of the company, will pay $18.77 million for Sanmenzhen Xuhutuo Coal Mine Ltd., and $9.94 million for Daqi Coal Mine Ltd. Both mines are located in Pinglu County, Shanxi Province in China. The acquisition agreement covers tangible assets and mining rights at both locations. Puda Coal, Inc. agreed to pay half of the purchase price for each coal…

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TuesdayOct 26, 2010 12:38 pm

Cord Blood America, Inc. (CBAI.OB) Provides Update for Stem Cell Collection Business in China

Located in Las Vegas, Nevada, Cord Blood is the parent company of CorCell which provides umbilical cord blood stem cell preservation for expectant parents with the corporate mission to be the most respectful stem cell preservation company in the industry. Today, Cord Blood announced it has taken another step towards becoming a stronger global power. The announcement explains that Cord Blood has joined forces with several parties to form a new company called China Stem Cells that will have Cord Blood CEO and co-founder Matthew Schissler serve as President of the new company. As for Cord Blood’s overall progress in…

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TuesdayOct 26, 2010 9:58 am

Got an iPad? GotStockTips? Get Both!

Every day hundreds of thousands in profits are made in the often ignored micro-cap markets. Unlike the blue-chips, micro-cap stocks can make rapid moves of 50% or more, making the latest information extremely critical to maximizing profits. GotStockTips delivers this crucial info to their subscribers in record time via instant text messaging and twitter. GotStockPicks announced that they will be giving away a free iPad to one of their subscribers. The winner will be announced via Twitter and FaceBook December 31st, 2010. Sign up is free and easy. To learn more about the giveaway and sign up for your instant…

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TuesdayOct 26, 2010 7:42 am

N-Viro International Corp. (NVIC.OB) Expands Biosolids Management in Florida and Enhances Financials

Yesterday, N-Viro International Corp. added the city of Oviedo, FL to its biosolids management business. N-Viro International, an environment and materials handling company, is the owner of patented technology used to convert various bio-organics into renewable fuel. Its N-Viro fuel product has been awarded with alternative energy status by the E.P.A., qualifying the tech for renewable energy incentives. The details of N-Viro's deal with Oviedo include providing wastewater residuals treatment and expertise over a three-year term. This growth initiative in Florida is one of the strategic projects initiated by the N-Viro management team. N-Viro has two manufacturing facilities producing N-Viro…

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