ThursdayMar 11, 2010 10:29 am

Compass Diversified Holdings (CODI) Reports Positive Cash Flow in Fourth Quarter Of 2009

Compass Diversified Holdings reported a net loss of $1.6 million, or $0.05 per share, for the fourth quarter of 2009. The company earned $1.2 million, or $0.04 per share, in the same quarter of 2008. Compass Diversified Holdings reported a slight decline in revenues on a year over year basis, from $374.8 million in the fourth quarter of 2008 to $362 million in the most recent quarter. Compass Diversified Holdings also reports an alternative measure of financial performance called Cash Flow Available for Distribution and Reinvestment. This totaled $17.9 million in the fourth quarter of 2009, compared to $11.2 million…

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ThursdayMar 11, 2010 10:28 am

CytoCore Inc. (CYOE.OB) Receives Major Investment from NeoMed

One company that is on the rise is CytoCore Inc. Located in Chicago, IL, CytoCore has made a name for themselves as a company that provides effective treatment for various forms of cancer. CytoCore is known for discovering cancer in an early stage and providing cost-effective relief to their patients. Today, CytoCore took a major step towards enhancing their future with the announcement that NeoMed Management has taken a 6.3% investment in the young company. NeoMed is a recognized investment firm with a global reach. With four established funds and total capital exceeding $200 million, NeoMed is exclusively focused on…

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ThursdayMar 11, 2010 9:03 am

Amico Games Corp. (AMCG.OB): Big Player in a Big Market

Amico Games Corp., based in San Francisco, CA, has just been named as one of the companies in the “Top Three for Profitability” of mobile phone game manufacturers during the Fifth China Mobile Phone Game Enterprise Public Appraisal Fair 2009-2010. Amico Games Corp. is an interactive entertainment media company which develops multi-player networked mobile phone games that are played over the mobile internet in China. "We are excited to be appraised as one of the top 30 Chinese mobile phone game enterprises and one of the top 3 most profitable Chinese mobile phone game enterprises. This is very encouraging for…

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ThursdayMar 11, 2010 8:49 am

Blount International, Inc. (BLT) Reports Profitable Fourth Quarter

Blount International, Inc. reported net income of $6.5 million, or $0.13 per share, in the fourth quarter of 2009. This was a small decline from the $6.9 million, or $0.14 per share, reported in the same quarter of 2008. Blount International, Inc. said that revenues for the fourth quarter of 2009 came in at $141.5 million, up 6% year over year and 8.6% sequentially. Joshua L. Collins, the CEO of Blount International, said “the company was able to navigate successfully through a difficult economic environment over the past fifteen months. Significant cost control actions implemented in the first half of…

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ThursdayMar 11, 2010 8:47 am

China LianDi Clean Technology Engineering Ltd. (RMSI) Reports Profit in First Nine Months of Year

China LianDi Clean Technology Engineering Ltd. reported net income of $11.3 million for the first nine months of fiscal 2010. The company earned only $0.8 million in the same period in fiscal 2009. Revenues were also up strongly on a year over year basis, to $45.6 million, from $8.2 million in fiscal 2009. China LianDi Clean Technology Engineering Ltd. gave revenue guidance of $70.2 million and $116.7 million for fiscal year 2010 and 2011, respectively. The company also guided the street to expect net income of $15.1 million for fiscal 2010 and $25.0 million for fiscal 2011. China LianDi Clean…

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ThursdayMar 11, 2010 8:46 am

Lotus Pharmaceuticals, Inc. (LTUS.OB) Reports Groundbreaking Ceremony for New Building Complex

China-based company, Lotus Pharmaceuticals, Inc. reported on its March 9th groundbreaking ceremony for the construction of a new building complex in Beijing. Attending the ceremony were Beijing municipal and Chaoyang district government officials, China State Food & Drug officers, and representatives of both state-owned and private pharmaceutical companies. The new nine-floor building complex will be used for offices, research and development, production, and modern storage. Interim production of the drugs slated to be produced at the new facility will be produced by third parties until the completion of the building complex. At the start of the ceremony, Lotus CEO, Zhongyi…

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ThursdayMar 11, 2010 8:44 am

Prime Star Group’s (PSGI.OB) Subsidiary Wild Grill Foods, Inc. Forms Strategic Partnership with UniSea, Inc.

Prime Star Group, Inc., a premium food and beverage products, distribution and risk management business, recently announced that the company’s wholly owned subsidiary, Wild Grill Foods, Inc., has secured an agreement with UniSea, Inc., a leading producer of a variety of finished seafood products that are marketed and distributed throughout the world. This strategic partnership will help Wild Grill Foods meet its expanded production needs due to the company’s increase in demand for various seafood products. Based in Redmond, Washington, UniSea produces seafood products from lobster, Pollock, Pollock Roe, Pacific Cod, Black Cod, Snow Crab, Salmon, King Crab, Halibut, Whitefish…

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WednesdayMar 10, 2010 3:07 pm

Journal of Orthopedic Trauma Publishes Positive Review of SANUWAVE Health Inc. (SNWV.OB) Technology

SANUWAVE Health Inc. is an emerging medical technology company channeling its efforts to develop and commercialize non-invasive, biological response activating devices in the regenerative medicine area. The Journal of Orthopedic Trauma published an article titled Extracorporeal Shock Wave Therapy for Nonunion of the Tibia in its March 2010 issue highlighting a study involving SANUWAVE’s Ossatron device. Authors of the article suggest that non-invasive Extracorporeal Shock Wave Technology (ESWT), when applied with SANUWAVE’s Ossatron device and one treatment session of 4,000 pulses followed by fracture immobilization, results in an 80 percent healing rate for nonunion bone fractures (incomplete fracture healing). The…

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WednesdayMar 10, 2010 1:55 pm

Cashing in on Gold with New World Gold Corp. (NWGC.PK)

New World Gold Corp. is a company focused on the exploration and development of gold prospects. The company looks to take advantage of the continued high price for gold. Gold has outperformed stocks over the past decade, yet it is an asset that is in very few investors’ portfolios. Gold looks to have a shiny future too as emerging countries from China to India continue to add gold to their sovereign holdings. The company owns gold reserves both domestically in the United States and internationally. New World Gold has decided to focus on its domestic reserves as a priority, as…

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WednesdayMar 10, 2010 1:51 pm

EVCARCO, Inc. (EVCA.OB) Expands into European Market with New Moscow HQ

EVCARCO, the innovative automotive retail group with an emphasis on creating a US-wide dealership network for eco-friendly vehicles, announced the grand opening of its Moscow headquarters today. This site will serve as EVCA HQ for Europe. The Russian Capital and European markets have been identified by extensive research to be an investor/customer-rich environment for electric and alternative fuel vehicle infrastructure, and EVCA corporate executives recently flew to Moscow to open the office in historic Lublinka Plaza near the heart of this largest of all European cities. CEO of EVCA Dale Long noted the “powerhouse” status of Moscow as a financier…

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