ThursdayJun 24, 2010 9:51 am

Lightbridge Corp. (LTBR) Announces Revolutionary Nuclear Fuel Technology

Lightbridge Corp., the leading researcher into non-proliferative nuclear fuel technology (thorium-based designs which do not produce weapons-suitable plutonium in nuclear spent fuel), has announced the development of a nuclear fuel technology based on a proprietary all-metal fuel assembly design, offering significantly reduced initial capital and operating costs. The technology is believed applicable to currently operating or new light water reactors as well as small modular reactors. It is also highly synergistic with fast reactor fuel designs. The new all-metal fuel technology could increase power output by 30% compared to reactors using standard oxide nuclear fuel. This could translate into additional…

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ThursdayJun 24, 2010 9:48 am

SOKO Fitness & Spa Group, Inc. (SOKF.OB) Announces Grand Opening of Two Strategically Located Fitness/Health Facilities

SOKO Fitness & Spa Group Inc. is an operator of fitness centers, beauty salons and spas in Northeast China as well as suburban Beijing. For the last several months the company has prepared its recent announcement of the opening of two new facilities – the Daoli Fitness and Legend Spa Central Club. The company now holds majority ownership in 13 fitness and spa facilities in Harbin, one of the three largest cities in Northeastern China, a location the company believes to be strategically near its upper-middle class demographic. "Our newest facility openings further expand our presence in what we believe…

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ThursdayJun 24, 2010 8:04 am

Gold Horse International, Inc. (GHII.OB) Announces Appointment of International Business Leader Mr. Noel Robyn to Board of Directors

Gold Horse International, a diversified China-based construction company that also controls and operates a real estate development business and a hotel / banquet facility in Inner Mongolia, recently announced that Mr. Noel “Bud” Robyn has been appointed to the board of directors. With more than 30 years of experience, Mr. Robyn has created over $1 billion in shareholder value and has worked in Germany, France, Mexico, Colombia, Venezuela, Brazil and Argentina in addition to the United States, his native country. During his professional career, Mr. Robyn has served as the president and managing director of the South American division of…

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ThursdayJun 24, 2010 8:02 am

Malaga Financial Corp. (MLGF.OB) Gets #1 Thrift Ranking in U.S.

Yesterday, Malaga Financial Corporation announced that it has been ranked the top-performing thrift in the United States. This ranking is for the most recent 12 month period ending March 31, 2010. Malaga Financial Corporation is the parent company of Malaga Bank FSB. SNL Financial ranked the 100 largest publicly traded thrifts. They ranked them according to various performance metrics. They then weighted the rankings and gave each institution a final composite score. The metrics were total assets; core return on average assets (ROAA); core return on average equity (ROAE); three-year compound annual growth rate in tangible book value per share;…

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WednesdayJun 23, 2010 3:40 pm

eDoorways Corp. (EDWY.PK) Sales Efforts Led by Retail Marketing Expert

Marty Lobkowicz leads eDoorways' sales and marketing efforts as the retail sales and marketing director. He is president of MML International Inc., a marketing consulting firm based in Delray Beach, Florida. His firm assists both nationally branded and emerging manufacturing entities in developing and implementing effective sales and marketing plans. Marty Lobkowicz has spent his entire career in the retail industry. For the first 20 years, he worked for several large retail companies including BJ’s Wholesale Club and Office Depot in finance and product merchandising positions. At Office Depot, he was vice-president and general merchandising manager of the technology products…

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WednesdayJun 23, 2010 2:57 pm

Universal Detection Technology (UNDT.OB) Receives “Milestone” Purchase Order from U.S. Air Force

Universal Detection Technology, a developer of monitoring and early-warning technologies for bioterrorism detection, has received a purchase order for its radiation detection equipment from the United States Air Force, reflecting the first order from the company’s listing on the GSA Schedules Contract program. "This purchase order from the Air Force is a milestone for Universal Detection Technology, as this is the first contract received from UNDT's listing on the GSA Schedules program," UNDT CEO Jacques Tizabi stated in the press release. "Through our open accessibility via the GSA Schedule, we're confident UNDT will be able to deliver the equipment and…

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WednesdayJun 23, 2010 12:35 pm

Universal Security Instruments, Inc. (UUU) Reports Fiscal 2010 Earnings

Universal Security Instruments, Inc. reported net income of $468,223, or $0.20 per diluted share, in the fourth quarter of fiscal 2010, which ended 3/31/2010. The company earned net income of only $78,150, or $0.03 per diluted share, in the corresponding quarter in 2009. Universal Security Instruments, Inc. reported net income of $2.2 million, or $0.95 per diluted share, in fiscal 2010. The company earned net income of $4.8 million, or $1.96 per diluted share, in fiscal 2009. Universal Security Instruments, Inc. said that net income in fiscal 2009 was artificially boosted by a one-time gain from discontinued operations of $3.4…

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WednesdayJun 23, 2010 12:33 pm

Niska Gas Storage Partners LLC (NKA) Reports Fiscal 2010 Earnings

Niska Gas Storage Partners LLC reported net income of $50.0 million in the fourth quarter of fiscal 2010, which ended 3/31/2010. The company earned $8.0 million in the same quarter of 2009. Full year fiscal 2010 net income was reported by the company at $53.2 million, compared to $108.8 million in fiscal 2009. Niska Gas Storage Partners LLC said that the sharp drop in earnings in fiscal 2010 was due to a one time deferred tax charge of $45.1 million related to a Canadian tax issue. Niska Gas Storage Partners LLC reported sales of $270.5 million in fiscal 2010, compared…

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WednesdayJun 23, 2010 12:32 pm

Iridium Communications, Inc. (IRDM) Expands Into South Africa

Iridium Communications Inc., www.iridium.com – the global mobile satellite service (MSS) leader offering planet-wide coverage via its constellation of low-earth orbiting (LEO) cross-linked satellites, announced yesterday the launch of Iridium South Africa, whereby the Company will execute licenses obtained to operate, provide and sell MSS throughout the country. Obtained from South Africa’s communication and broadcasting service regulator, the Independent Communications Authority of South Africa (ICASA), this authorization streamlines IRDM partners’ ability to provide the burgeoning public and private markets with highly in-demand IRDM products, applications and services. CEO of IRDM, Matt Desch, noted the ever-increasing commercial service revenues the Company…

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