TuesdayOct 19, 2010 1:21 pm

Solar EnerTech Corp. (SOEN.OB) Reports Preliminary Revenues and Volumes for Fourth Quarter and Fiscal Year 2010

Located in Mountain View, California with a manufacturing facility at Jinqiao Modern Technology Park in Shanghai, Solar EnerTech is a leading manufacturer of photovoltaic solar energy cells. Today, Solar EnerTech took a step towards prominence with the announcement of their volumes and revenues for the fourth quarter and fiscal year ending September 30, 2010. For the fourth quarter, the company expects to report volume of solar modules shipped at 9.5MW and net revenue of $17.5 million, which is a significant improvement from a year ago. Solar EnerTech anticipates $69.3 million in net revenue for 2010. This shows major improvement for…

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TuesdayOct 19, 2010 12:19 pm

XsunX, Inc. (XSNX.OB) Achieves High Efficiency in CIGS-based Solar Cell Fabrication Technology

XsunX Inc. develops advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes, and focuses on utilizing its Copper Indium Gallium diSelenide (CIGS) solar thin films to deliver low-cost, high-yield solar cell manufacturing methods. The company today announced the fabrication of cells based on its CIGSolar™ technology, resulting in a conversion rate of more than 14 percent. This supports the company’s assertion that small-area, co-evaporation production provides superior CIGS-based solar cells necessary to compete with and potentially replace silicon photovoltaic (PV) technologies. "In only a few short months since adding our new co-evaporation capability and control approach to our CIGS…

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TuesdayOct 19, 2010 12:17 pm

Ohio Valley Banc Corp. (OVBC) Reports Third Quarter of 2010 Financial Results

Ohio Valley Banc Corp. reported net income of $0.4 million, or $0.10 per diluted share, in the third quarter of 2010, compared to net income of $1.7 million, or $0.43 per share, in the corresponding quarter of 2009. The management of Ohio Valley Banc Corp. attributed the large decrease in net income on a year over year basis to a higher provision to the allowance for loan losses in the third quarter of 2010. The bank also saw lower income in both its mortgage business and bank owned life insurance segment. Ohio Valley Banc Corp. added $1.3 million to its…

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TuesdayOct 19, 2010 10:58 am

Big Screen Entertainment (BSEG.PK) Set for DVD Release of Thriller “Rule of Three” Before Halloween

Big Screen Entertainment Group announced the release date for its mystery/thriller “Rule of Three” for October 25, 2010, just before Halloween. The award winning film directed by Eric Shapiro will be distributed across the United States on DVD. The film noir is supported by screenplay writer, Rhoda Jordan (“Aquanoids,” “Never Die Alone” with DMX), and takes place in a sleazy motel room in a plot that weaves back and forth through three periods in time as a grieving father desperately searches for his missing daughter (Jordan). “Rule of Three” premiered in July 2008 at the Fantasia Festival, and had its…

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TuesdayOct 19, 2010 10:55 am

Neurocrine Biosciences’ (NBIX) VMAT2 Program to Move Into Phase II Clinical Trials

Yesterday, Neurocrine Biosciences Inc., a biopharmaceutical company that specializes in neurological and endocrine diseases and disorders, announced that it passed its second Phase I clinical trial of its compound NBI-98854, a drug that inhibits VMAT2. The successful testing on healthy volunteers means Neurocrine can proceed with Phase II testing. VMAT2 is a protein found in the human brain that is responsible for moving monoamines (chemicals like dopamine, norepinephrine, serotonin, and histamine) to nerve cells. NBI-98854 is a new kind of VMAT2 inhibitor that measures dopamine release to nerves, while having a minimal effect on the other kinds of monoamines in…

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TuesdayOct 19, 2010 9:37 am

Apricus Biosciences, Inc. (APRI) Video Chart for Tuesday, October 19, 2010

APRI has been on a long slide since it was trading regularly over $6 earlier this year. Despite the large drop, the indicators are giving hints that it may possibly try and make a move off the base that it is currently forming around $1.60 Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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TuesdayOct 19, 2010 8:12 am

Capital Bank (CBJC.OB) Posts First Quarterly Profit in Operating History

Capital Bank yesterday posted its third quarter 2010 operations results, reporting full-quarter profitability. The company nearly hit the $100 million asset barrier in 30 months of operations. "We have remained focused on the achievement of our business plan and the sprint for quality asset growth it contemplated to attain the economies of scale necessary to drive profitability. I am exceptionally pleased to report that we have achieved that goal as evidenced by our performance this past quarter. The prospects for ongoing growth and profitability are bright for our Bank, despite the ongoing challenges in the economy,” J.M. "Mike" Justice Jr.,…

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TuesdayOct 19, 2010 8:10 am

BioSolar (BSRC.OB) Introduces BioBacksheet Product to Meet Market Demand

BioSolar Inc. develops breakthrough technology that produces bio-based materials derived from renewable plant sources. The company today introduced its bright-white BioBacksheet, created to meet feedback from prospective customers desiring such a product. Dr. David Lee, BioSolar’s CEO, said the company was able to meet market demands for its products without sacrificing quality. “While meeting with PV module manufacturers in recent months, we encountered an overwhelming preference for a bright-white colored BioBacksheet in lieu of the existing translucent design. For cosmetic reasons, as well as for its high-reflectivity which improves cell efficiency, manufacturers prefer a bright-white colored backsheet,” Dr. Lee stated…

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MondayOct 18, 2010 2:08 pm

Cryo-Cell International, Inc. (CCEL.OB) Rejects Unsolicited Proposals

Today, the Board of Directors of Cryo-Cell International, Inc., one of the largest and most established family cord blood banks, confirmed that it has recently received inquiries from third parties interested in acquiring the company. Upon reviewing the inquiries, the Board determined them to be inadequate and not in the shareholders’ best interest. They unanimously rejected the inquiries and reaffirmed that it is not interested in selling Cryo-Cell at this time. Mercedes A. Walton, Chairman and CEO of Cryo-Cell International, stated that, "The Board believes that the indications of interest dramatically undervalue the Company and its growth prospects. Strategically and…

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MondayOct 18, 2010 1:44 pm

Electric Car Company Inc. Enters Letter of Intent with Neah Power Systems Inc. (NPWZ.OB)

Electric Car Company Inc. is a vehicle conversion company that specializes in electric conversions and manufacturing for the livery, fleet and private specialty markets. It announced today that the company has executed a letter of intent with Neah Power Systems Inc. to negotiate a development and exclusive marketing agreement. Neah Power Systems is developing long-lasting, efficient and safe power solutions. The company plans to engineer Neah's unique fuel cells into its lower-cost “Pure Electric” vehicles. By combining the battery and fuel cell technologies, the typical travel range of the vehicle will increase from 50 miles to as much as 250…

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