QualityStocks Stock Newsletters Archives - Page 575 of 1818

TuesdayMar 16, 2010 8:13 am

Grid Petroleum Corp. (GRPR.OB) Acquires Assets from Premium Natural Gas Reserve

Parts of a premium natural gas reserve in the Greater Green River Basin of the Rocky Mountains are now officially the property of Grid Petroleum Corp. The company acquired assets in SE Jonah Field, located in Wyoming. This final agreement has been signed pursuant to the Letter Of Intent (LOI) signed earlier this year. This well-defined region meets Grid Petroleum’s model of low-risk, high-impact exploration and development. The region has an incredibly high success rate for drilling and completion, and it is reported that in 2006 over 3,000 wells were drilled with a success rate of almost 98%. The Green…

TuesdayMar 16, 2010 8:08 am

CPI Aerostructures, Inc. (CVU) Announces Preliminary Fourth Quarter and Year-End 2009 Results

CPI Aerostructures, Inc., a company engaged in the contract production of structural aircraft parts for leading prime defense contractors, the U.S. Air Force and other branches of the armed forces, recently announced preliminary results for the fourth quarter and year ended December 31, 2009. During the fourth quarter of 2009, CPI Aerostructures recorded the highest quarterly revenue in the company’s history of approximately $12.7 million with a net income of roughly $1.5 million. CPI Aero’s 2009 full-year revenue increased to approximately $43.9 million, the highest annual revenue the company has ever achieved, resulting in 2009 net income of approximately $3.9…

MondayMar 15, 2010 3:56 pm

Artfest International, Inc. (ARTS.OB) Up Substantially Following QualityStocks Newsletter Mention

Artfest International Inc. shares closed today are trading at $0.0070 per share after hitting an intraday high of $0.0084 a share. The stock is up $0.0034 per share or 94.44 percent on massive volume in excess of 92 million shares. This dwarfs the average daily volume of around 437,000 shares. Artfest was first mentioned in QualityStocks FREE Daily Newsletter back on August 3, 2009. Artfest International is a leading edge arts distribution company. Artfest brings together artists, decorators, designers, art galleries, private collectors and investors. The company has several subsidiaries: Art Channel Inc., Art Channel Galleries Inc. and Charity Sports…

MondayMar 15, 2010 2:12 pm

China Interactive Education Inc. (CIVN.OB) Secures $79M in Distribution Contracts

China Interactive Education Inc. provides interactive teaching and learning solutions in China. The company has secured $79 million in framework contract wins with local area distributors for its new Interactive Classroom Solution ("ICS") products and Educational Learning Products ("ELP"). The contracts are agreements to purchase China Interactive products at wholesale prices and sell them within specific authorized geographic locations throughout China. If sales targets are not met, China Interactive has the right to terminate or renew distribution contracts. Ruofei Chen, CEO of China Interactive, said the company’s progress represents advancements in China’s educational system. "We are very pleased with the…

MondayMar 15, 2010 10:44 am

American Apparel Inc. (APP) Reports Comparable Store Sales

In poor economic times there is really nothing better than comfort food, a soft sweatshirt and a good book. Finding companies that provide these items, or components of them, is a way to profit. To get an idea of some of these types of products, consider what you wear Saturday mornings or what you ate or baked during the last big storm. Consider these thoughts and a winner may just pop-up. American Apparel Inc., a manufacturer of casual wear for men, women, children and pets, works to manufacture, distribute and retail for the everyday customer. Although it has a large…

MondayMar 15, 2010 10:36 am

AlumiFuel Power Corp. (AFPW.OB) Announces Hydrogen Generator for Unmanned Underwater Vehicle Applications

AlumiFuel Power Corporation’s wholly-owned subsidiary, AlumiFuel Power, Inc. (API), is a Philadelphia, Pennsylvania-based alternative energy company targeting commercial and defense sectors. The Company announced today the initiation of work on a new hydrogen generator for use in Navy Unmanned Underwater Vehicles (UUVs) and other submersible craft. The hydrogen generator will power a fuel cell, and is being designed in conjunction with a superheated steam generator prototype API is currently working on for similar applications with major defense prime contractors that is based on the Company’s proven PBIS-1000 generator. Designed in a similar fashion to the prototype steam generator, the hydrogen…

MondayMar 15, 2010 10:30 am

Dana Resources (DANR.OB) to Acquire Promising Peruvian Mine

Dana Resources, with offices in the US and Peru, is a metals exploration company with extensive local knowledge capitalizing on a lucrative Peruvian portfolio of holdings that revealed today details regarding ongoing due diligence pertaining to the Chota Silver Mine in Peru’s thriving Alto Chicama mining district. The Company seeks to acquire 100% ownership of the mine for $425k in cash and shares, and has entered into a letter of intent (LOI) to that effect. The Alto Chicama district is host to several of the world’s top yielding mines, with the Barrick Gold Corp's Lagunas Norte (8.9M ounces in reserves)…

MondayMar 15, 2010 10:25 am

Ant’s Software Inc. (ANTS.OB) to Receive $10 Million Investment from Fletcher

One company that is starting to make a climb within the Technology Sector is ANT’s Software. Located in San Diego, California, ANT’s has earned a reputation as a company that has helped their customers drive down IT operating costs by consolidating hardware and software infrastructure and eliminating cost inefficiencies. Today, ANT’s took a major step towards enhancing their future with the announcement that Fletcher International Ltd. has agreed to purchase up to $10 million of ANT’s common stock at various prices. Fletcher International Ltd. is an affiliate of Fletcher Asset Management which is an SEC-Registered Investment Advisor. Fletcher is unique…

MondayMar 15, 2010 10:19 am

XO Holdings Inc. (XOHO.OB) Subsidiary Extends International Reach with Customer Referral Program

XO Communications, a subsidiary of XO Holdings Inc., is a nationwide provider of advanced communications services and solutions. The company’s customers include more than half of the Fortune 500. To bolster its international reach, the company today launched its International Customer Referral Program. The program facilitates overseas telecommunications companies contracting with XO, providing carrier customers with access to the full line of XO Carrier Services products and services in the U.S. "XO is aggressively seeking to expand its presence in Asia, Europe and South and Central America," Ernie Ortega, president of XO Carrier Services stated in the press release. "Our…

MondayMar 15, 2010 9:38 am

GMX Resources Inc. (GMXR) Announces 2010 Capital Program

GMX Resources Inc. announced a capital program of $175 million for 2010. The company will use the capital to drill 22 horizontal wells into the Haynesville Shale, Bossier Shale and Cotton Valley Sand in East Texas. GMX Resources Inc. also provided production guidance of 17.5 billion cubic feet equivalent for 2010, a 30% increase over 2009 levels. GMX Resources Inc. announced the completion results of two horizontal wells drilled recently into the Haynesville Shale. The company said that the Mia Austin #1H well had an initial production rate of 14.1 million cubic feet equivalent per day during a 24-hour test,…

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