MondayDec 14, 2009 12:28 pm

Akeena Solar, Inc. (AKNS) Eager to Diversify, Expands Management Team

Akeena Solar, Inc., well known in the solar industry as a top manufacturer and installer, has promoted Gary Effren from CFO to President and also subsequently promoted Margaret Randazzo from controller to the CFO position, today, Monday, Dec. 14. CEO and founder of AKNS, Barry Cinnamon, commented on the exciting expansion of the business well beyond the “residential installation work…began in 2001”. Cinnamon said of plans to expand distribution activities for the Company’s plug-and-play Andalay AC solar panel system, that it would “include developing our installer network throughout the U.S., selling to installers and distributors worldwide, and establishing a retail…

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MondayDec 14, 2009 9:50 am

Revolutions Medical Corp. (RMCP.OB) Reaches Primary Milestone

One company that has quickly started to catch the attention of investors in the medical field is Revolutions Medical Corporation (RevMed). RevMed creates software solutions and proprietary tools that are compatible with standard MRIs and standard PACS. Today, RevMed took a major step towards enhancing the future of their company with the announcement that it has initiated the mass manufacturing process for its RevVac safety syringe, which has already been approved by the FDA. This is a primary milestone for a company which already produces RevColor, Rev Display and Rev3D MRI Technology and will allow RevMed to satisfy its previously…

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MondayDec 14, 2009 9:40 am

Quadra Projects Inc. (QPRJ.OB) Announces Subsidiary to Establish an Assembly Plant in China

One company that has started to gain national recognition is Quadra Projects Inc. Located in Las Vegas, Nevada, Quadra has the mission of becoming a leader in the green energy field with their main focus on environmentally friendly opportunities which focus on leading waste to energy technology. Today, Quadra took a major step towards enhancing their future with the announcement that its wholly owned subsidiary Quadra Energy Systems signed a Memorandum of Understanding (MOU) to enter into a Joint Venture agreement with Canda Green Industry Inc. Canda Green has grown into a recognized name in China as a prominent real…

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MondayDec 14, 2009 9:35 am

Electric Car Company, Inc. (ELCR.OB) Finalizes Agreement with Electric Vehicle Conversions, LLC

Friday, Electric Car Company, Inc., a vehicle conversion company specializing in electric conversions, announced that it has finalized an agreement with Florida-based Electric Vehicle Performance Conversions, LLC. (EVPC). In October 2009, ECC announced that it had signed a Letter Of Intent with EVPC to provide complete turnkey, electric power conversion consulting and technical services to ECC’s line of Livery and Fleet vehicles. The conversion is slated to include “Specialty Buses” for commuter, transit, limousine and sightseeing transportation industries. The companies will work closely to create and develop matched Electric Vehicle and Hybrid systems, including electric drive systems for livery vehicle…

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MondayDec 14, 2009 9:33 am

Oncolytics Biotech, Inc. (ONCY) Appoints Dr. Alan Warrander as Senior Vice President, Global Licensing and Business Development

Oncolytics Biotech, Inc., a Calgary-based biotechnology company focused on the development of oncolytic viruses as potential cancer therapeutics, recently announced that the company has appointed Dr. Alan Warrander to the role of senior vice president of global licensing and business development. In this position, Dr. Warrander will manage the execution of the global licensing strategy for REOLYSIN®, the company’s proprietary formulation of the human reovirus. Retaining more than 32 years of experience with biotechnology and pharmaceutical companies, Dr. Warrander most recently served as the director of global licensing at AstraZeneca. Dr. Warrander earned his Ph.D. from the University of Birmingham…

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FridayDec 11, 2009 5:02 pm

Quicksilver Gas Services LP (KGS) to Raise Equity to Buy Assets

Quicksilver Gas Services LP (KGS) announced today that it would sell 4 million common units at a price of $21.10. The common units represent limited partnership interests in the company. The offering will raise $84.4 million in gross proceeds before expenses. Quicksilver Gas Services LP will use the funds to pay down the outstanding balance on its credit facility, and then draw down approximately $87.1 million under the same credit facility to purchase additional assets in Texas. Quicksilver Gas Services LP is buying midstream processing and gathering assets from Quicksilver Resources Inc. (KWK). The assets have the capacity to gather…

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FridayDec 11, 2009 4:59 pm

Another QualityStocks Newsletter Featured Stock – Protosource Corp. (PSCO.OB) Up 367% Today

ProtoSource Corp.’s stock closed at $0.035 a share, up $0.0275 a share for the day – a gain of 367%. This strong move, earlier hitting $0.06 for a new 52-week high, occurred on heavy volume in excess of 560,000 shares, well above the daily average volume of only about 22,000 shares. The stock was mentioned in the QualityStocks FREE Daily Newsletter on June 19, 2009 when ProtoSource was trading for only $0.0145 per share. Not bad – a triple on your money in less than six months! ProtoSource, doing business as Software Solutions Company, primarily focuses on the delivery of…

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FridayDec 11, 2009 4:54 pm

Access Plans Inc. (ALHC.OB) Reports Increase in Q4 and FY09 Financials

Access Plans Inc. is a leading membership and insurance marketing company. Access today announced its financial results for its fiscal fourth quarter and year ended September 30, 2009, with results reflecting the company’s acquisition of Access Plans USA on April 1, 2009, and a reincorporation merger in December. Revenues for the fourth quarter of 2009 grew to $13.6 million, up from $5.5 million reported in the fourth quarter of 2008. The company attributes this to its acquisition of Access Plans USA operations. Net income for the quarter was $1.3 million, or $0.06 per diluted share, up from $0.8 million, or…

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FridayDec 11, 2009 2:05 pm

Quepasa Corp. (QPSA.OB) – A Leading Latino Social Network

Quepasa Corp. owns Quepasa.com, one of the world's largest trilingual Latino social networks online. Quepasa.com, along with sister site Corazones.com, serves its users in the United States, Mexico, Latin America and the world in three languages: English, Spanish and Portuguese. The company's mission is to empower young Latinos with the most entertaining, authentic and up-to-date online social community. The company's unique trilingual social network community provides users with the latest viral and social networking tools. Additionally, Quepasa.com offers interactive multimedia content to enrich the user experience including: entertainment, sports, music and videos, as well as user-generated content and communities. Quepasa…

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FridayDec 11, 2009 2:02 pm

Home System Group (HSYT.OB) Issues Revenue and Earnings Guidance

Home System Group is a US-listed company whose China-based operating subsidiaries – Oceanic, Weihe and Well Profit – are engaged in the production of a variety of household appliances. These appliances include: stainless steel gas grills and ovens, ceiling and table fans, LEDs, along with decorative and energy-saving lamps. Their products are sold through distributors to retailers in China, Asia, Australia, Europe, Africa and the United States. The company announced today revenue and earnings guidance for fiscal year 2009. Projected revenue is expected to be approximately $69 million, a 33% increase from the 2008 fiscal year. Net income is expected…

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